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RESOLUTION 67-107 AUTHORIZING THE EXECUTION OF A QUITCLkIM DEED TO PACIFIC SOUTHWESTEP~N PROPERTIES UPON A CONTINGENCY WHERE~S, heretofore, Pacific Southwestern Properties has expressed a desire to purchase certain real property owned by the City of Santa Ana0 said real property located on the south side of Eighth Street and the east side of Bristol Street; and WHEREAS, Pacific Southwestern Properties also is desirous of purchasing real property belonging to the City of Santa Ana located on the south side of Eighth Street, west of Baker Street; and WHEREkS, both items of real property which Pacific Southwestern Properties has indicated a desire to purchase have been declared to be surplus properties and have been offered for sale; and WHEREAS, Pacific Southwestern Properties have tendered to the City of Santa Ana the high bid for the purchasg of property designated AP 8-011-45, said offer contingent, however, upon their acquiring the remaining surplus property designated as AP 8-011-6, 7, 8, and 36; and WHEREAS, it is agreeable to the City of Santa Ana that the purchase of AP 8-011-45 be made contingent on Pacific Southwestern Properties acquisition of the remaining surplus City property herein- before referred to. NOW, THEREFORE, BE IT RESOLVED: That the Mayor and the Clerk of the Council are hereby authorized and directed to execute a deed quitclaiming the interest of the City of Santa Ana, a municipal corporation, in and to the following described real property: Ail that certain real property situated in the City of Santa Ana, County of Orange, State of California, described as follows: That portion of Lot 2 of "Montgomery Tract", also known as "Tract No. 33", as shown on a map thereof, recorded in book 9, page 31, Miscellaneous Maps, records of said Orange County, described as Commencing at the intersection of the South line of Hickey Street (now known as Eighth Street) with the East line of Bristol Street, as said Bristol Street existed in 1917, running thence South along the East line of Bristol Street, 120 feet; thence East parallel to the South line of Hickey Street, 50.00 feet; thence North parallel to the East line of Bristol Street, 120 feet to the South line of Hickey Street; thence West 50.00 feet to the POINT OF BEGINNING. EXCEPTING THEREFROM THE North 30.00 feet and the West 30.00 feet. ALSO EXCEPTING THEREFROM that portion lying North- westerly of a curve concave Southeasterly having a radius of 25.00 feet and tangent to the West and North lines above described. and to deposit said deed in Escrow No. 10-1020-A at Trans-State Title Company with instructions, however, that said deed shall be effective only in the event the grantee thereon described is the successful bidder on that parcel of real property described in the supplement to the Escrow instructions in Escrow No. 10-1020-A, said supplement dated June 13, 1967; and upon the further contingency that grantee in said deed is successful in acquiring the easement across the real