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RESOLUTION ~0. 58-41 AUTHORIZING LXECU'Fi0:I OF AN AGREE- i!ENT TO SELL ~AL PROPERTY TO ~R. AND I~[RS. ROSS D. i\[URO ',~.tEREAS, heretofore the City acquired a certain lot for the purpose of placing thereon a public street, and when said work was completed the property hereinbelowdescribed was left as surplus out- side of the street right-of-way and was of such size and shape that the same was not adequate as a building site and could be of value only to the adjoining property owner except as nuisance value in the hands of a non-a¢ljoining owner, a~'~d the adjoining owners have made an offer to buy the same; NO:,~, THEREFORE, BE IT RESOLVED: That upon recomr~endation of the City ~?!anager, and after study, the City Council determines th~ the real property herein described meets the requirements of Paragraph 2 of Section 2613 of the Santa Aha ?~unici?:l Code; that the price offered for said property, ;'i~00.00, is a fair price for said property and that said property should be sold as it has no value to the City. BE IT ~RT~-~R ~SOLVED: That the l~ayor and t~e Clerk of the Council are hereby directed to execute an agreement for the sale of said real ~roperty to Ross D. ~,;~ro s~d Dolores P. ~;~uro to cover that certain property in the City of Santa Aha, County of Oral,ge, State of California, described as: The South 18 feet of Lot 13 in Block A of Tract 233, as shown on a map thereof recorded in Book 13, Page 9 of ~.~iscellaneous i~!sps, records of said 0ra?4~.e County; EXCEPTING THEREFR0~ that portion included within a spandrel shaped parcel bounded Northerly by the ~,~orth line of said South 18 feet; ?;esterly by the ,iest line of said Lot and Southeasterly by the arc of a curve concave Southeasterly having a radius of 2~ feet and tangent to said North line of the South 18 feet and tangent to said West line of said Lot~ for the total price of ~5500.00, payable ~20.00 do~rn, receipt of which is hereby acknowledged, and the balance of ~480.00 in monthly install- ments of ~;20.00 or more, including interest, on the unpaid balance from January 20, 19~8 at the rate of ~,~ per annum, first payment thereafter to be mede ~,.Iarch 1, 19~8, and to continue until the entire purchase price has been paid.