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NO. <br /> <br />RESOLUTION AUTHORIZING NOTICE OF <br />ASSIGNMENT OF OPTION TO BE GIVEN <br />TO THE M.H. WHITTIER COMPANY, LTD. <br /> <br /> WHE~W~A~, the United States of America, by and through the <br />War Assets Administration, has served upon this City its SNotice <br />of Election to Exercise Option" under and pursuant to the pro- <br /> <br />visions of a lease entered into <br />United States of America, dated <br />utlon No. 3008 of this Council, <br /> <br /> WHEREAS, the City of Santa <br />property described in a certain <br /> <br />by and between this City and the <br />July 1, 1941, pursuant to Resol- <br />and, <br /> <br />Ana is the lessee of certain <br />lease between the City of Santa <br /> <br />Aha as Lessee and R.H. Whittier Company, Ltd., a corporation, <br />dated the 21st day of August, 1941, which property is included <br />within the property described in the lease to the United States <br />above described and which lease contains an option in favor of <br />the City of Bents Ana to purchase the property described in said <br />lease for the sum of $208,000.00, and, <br /> <br /> WHEREAS, the City of Santa Ana is desirous of complying with <br />the terms of its option and lease with the United States of America, <br />and is desirous of aiding and assisting the United States of America <br />in acquiring title to the property described in said lease from <br />N.H. Whittier Company, Ltd., <br /> <br /> NOW, THEHEFO£tE, oE IT HESOLVED that the City of Santa Ana does <br />hereby elect to offer to assign to the United States of America <br />all of its rights in said option to it from said M.H. Whittier <br />Company, Ltd., according to the notice attached hereto, and herein <br />authorised to be given, and, <br /> <br /> BE IT FURTHER RESOLVED, that the Mayor of the City of Santa <br />Ana is hereby authorized and directed to execute that certain <br />"Notice of Assignment of Options, a copy of which is hereto annexed <br />and by reference thereto mede a part hereof, and the City Clerk is <br /> <br />-1- <br /> <br /> <br />