HomeMy WebLinkAbout65-035RESOLUTION 65-35 AUTHORIZIL3G EXECUTION OF
ESCROW I£~STRUCTIOifS Ai~D PAY~IEi~T FOR
CAi~CELLATION A!~D RF2~iOVAL OF APPURTENAECY
OF SAk%ITA ANA VALLEY IRRIGATION CO]~PA~f
WATER STOCK
WHEREAS, in the process of certain street work it was found
to be necessary to remove and relocate certain Santa Ana Valley
Irrigation Company structures or to arrange for service through them
to be discontinued; and
WHEREAS, the more economical and more satisfactory solution
was determined to be discontinuation of the use of said San~a Ana
Valley Irrigation line and appurtenant structures, and the City' has
negotiated agreements with the only three owu~ers using said line;
a nd
WHEREAS, CORPORATION OF THE PRESIDING BISHOP OF THE CHURCH
OF JESUS CHRIST OF LATTER DAY SAINTS, a Utah Corporation Sole, is
the owner of one certificate representing 3.22 shares of Santa Ana
Valley Irrigation Company Water Stock and has agreed to the desira-
bility of removing the water stock appurtenancy from the land owned
by it l~ing east of Apricot Street and accepting water service from
the City of Santa Ana, all as set out in the escrow instructions;
and
WHEREAS, RUSSELL G. ~cLEAN and GRACE ~cLEAN are the Owners of
one certificate representing 3.28 shares of Santa Ana Valley Irriga-
tion Company Water Stock and have agreed to the desirability of
removing the water stock appurtenancy from the land owned b~ thea~
lying south of First Street, east of Hathaway Street, and accepting
water service from the City of Santa Ana as set out in the escrow
instructions;
NOW, THEREFORE, BE IT RESOLVED: That the City of Santa Ana
approves the agreement with the CORPORATION OF THE PRESIDING BISHOP
OF THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS, a Utah
corporation Sole, as expressed by Escrow No. 52380-C through Security
Title Insurance Company and authorizes the Mayor of the City to
execute the same for and on behalf of the City and directs that the
sum of $1,650.00, a portion of the consideration to be given by the
City, be paid into said Escrow for the benefit of said corporation;
~OW, THEREFORE, BE IT RESOLVED: T'hat the City of Sancta A~a
approves the agreemen~ with RUSSELL G. ~cLEAN and GRACE ~cLEAN as
expressed b~ Escrow No. 52381-C through Securit~ Title Insurance
Compan~ and authorizes the ~4ayor of the City to execute the same for
and on behalf of t'he Cit~ and directs tha~ the work described in
sub-paragraphs (1), (2), and (3) of Paragraph 3 of the Escrow
Instructions be carried out as set forth t'herein, and the Citp agrees
to accept said 3.2d shares of water stock when appurtenancy has been
removed from the property described in said escrow Which lies south
of First Street and east of Hathaway Street.
PASSED A~O ADOPTED by the City Council of the City of Santa
Aha at its regular meetin9 held on the 15th day of February, 1965.
ATTEST:
CLERK O~ THE COUNCIL
STATE OF CALIFORNIA)
COU~JTY OF ORANGE )
CITY OF SANTA A~A )
SS
I, DORIS ~. BROWN, do hereby certify that I am the Clerk of
the Council of the City of Santa Ana; that the foregoing Resolution
was regularly introduced to said Council at its regular meeting held
on the 15th day of February, 1965, and was at said meeting regularly
passed and adopted by the following vote, to wit:
AYES,
NOES,
ABSENT,
COUNCII~4EN:Eubbard~ Es.-w~ Gilmore~ Schlueter~ Hall
COUNCI L~4EN :None
COUNC I L~4EN :None
CLERK OF THE COUI~CIL
-2-