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HomeMy WebLinkAboutResolution - 771 I RESOLUTION NO. 771 2 A RESOLUTION AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY TO` HOWARD E. DIVINE, AS TRUSTEE. 3 4 WHEREAS, the City Council has determined and still determines that the best interest and convenience of the public and residents 5i of this 'city require that the real property hereinafter described be sold for the reasons stated in Resolution No. 768 adopted 6 ' March 12, 1968 ; and 71 WHEREAS, Resolution No, 768 was duly published on March 15, 1968 in accordance with the law applicable to these proceedings 81 in the Daily Enter rise, a daily newspaper of general circulation printed;afc pub�is�e an Riverside County and of general circvla- Lion in the City of San Jacinto, there being no daily newspaper io printed and published in the City of San Jacinto ; and WHEREAS, three certified copies of ;Resolution Na. 76$ were 17 posted on or before March 15, 1968 in three public places in the 12 City of San Jacinto; and WHEREAS, a public bearing was, duly' held March 26, 1968, and 13 all objections or protests were received and heard and the only written objection was withdrawn at the request of the person 14 signing the objection at the hearing, at 7 : 30 P.M. at the Court- room of the San Jacinto Justice Court, 300 East Main Street, San 15 Jacinto, California; and 16i WHEREAS, evidence was received of the publication and pasting as hereinabove stated and concerning the value of the real property 17 hereinafter described and concerning the appropriateness of the sale as herein provided, at said hearing and thereafter said hear 18 ing was closed; 19 � NOW THEREFORE, BE IT RESOLVED by the City Council of the City of San Jacinto, State of California, in adjourned regular session 20 assembled this 26th day of March, 1968, as follows : 21 1, The mayor of this city, or in his absence, the mayor pro tempore, together with the City Clerk, are authorized and instruct- 22 ed to execute a deed to, Howard E . Divine, as trustee for most of the owners of Lots 1 through 5, inclusive of Block 17 , Town of 23 , San Jacinto as per the same map hereinafter described, or to such 2 I corporate entity to be created or acquired for the purpose of hold® ing title in behalf of said property owners as Howard E . Divine 25 shall designate, under the terms of sale as provided in Resolution No® 768, and to deposit said deed in escrow under said conditions, 26 terms and restrictions and the said officers are hereby empowered to execute escrow: instructions with the United California Bank, as escrow, and to execute all other documents and papers necessary 27 to effect the closing , of the sale transaction, including the lease 28 agreement concerning said real property, 2 .' The City Council finds that the facts as recited herein - ?9 above are true . 30 3e The real property to be sold is described as follows : 31d Real property in the County of Riverside, State of California described as follows : k' 2 .._D C.WICKFIAM� ATTORNEYS AT LAW 133 E,MAIN STREET �I SAN JACINTO.CALIF. ' TELEPNONC r71n1..654-1251. 1 Lot 10 in Block 17 of the Town of San Jacinto, as shown by Map, on file in 'Book 7 page 329 of Maps, 2 San Diego County Records ; 3 EXCEPTING therefrom. the West 20 feet thereof.` 4 Said property is also situated in the City of San Jacinto'. 4. Said real property is also described as follows: f Real property located in the ;City of San Jacinto, 7 County of Riverside, State of California, more particularly described as follows : OI The Easterly forty (40) feet of Lot 10 in Block ° () 17 of the Town of San Jacinto as shoes? by map on file in Book 7, page 329 of Maps , Records of San 10 � Diego County, California. 11i S . The City Council finds and determines that the ;foregoing two descriptions describe the same parcel of real property that is ';conveyed and that it is the intention of 12 intended to be sold and i� the City Council to authorize the sale of the entire interest of 131 the City of San Jacinto in said parcel, regardless of how described + subject ' to the terms and conditions of sale as set forth in Reso- 1� lution _No. _768 . 15 6 . The City 'Council finds and determines that the, purchase price of $5,000 .00 is equal to or exceeds the fair market value 16 of the interest to be conveyed subject to the terms, conditions and reservations of this sale . 17 7 . The Director of Finance is directed to allocate the net is proceeds of the sale herein authorized to the !Civic Center Fund for use for the contemplated construction of `a new police and fire 19 station in this city. 20 ADOPTED AND SIGNED this 26th day of March, 1968 by the follow- 21 ing vote: w AYES : Councilmen Maughan, Stewart; Stevens, tszyho e, 22 , and Mayor Pierce . 23 { NOES : None E AI ABSENT: None 25 Mayor, City of San Jacinto 2G 11 ATTEST: 27 LUCY MAY ALLEN, City Clerk 28 By 29 It CERTIFICATE 30 The foregoing is certified to be a true copy of a Resolution + duly adopted by the said City Council of San Jack to on the date 31 therein set forth. 32 LUCY MAY ALLEN, City Clerk By D.. ++-DC.WlC6CHAM f ATTORNEYS AT LAW 163 E.MAIN STREET r 2- SAN JACINTO.CALIF. TELEPHONE