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HomeMy WebLinkAbout65-190RESOLUTION 65-190 ACCEPTING ACKNOWLEDGMENT OF RECEIPT OF FUNDS AND RELEASE OF AGREEMENT FROM LEHNHARDT CORPORATION AND AUTHORIZING PAYMENT OF $2,700.00 AND EXECUTION OF ESCROW INSTRUCTIONS THEREFOR WHEREAS, on July 6, 1959, an agreement was entered into between the City of Santa Aha and LEHNHARDT CORPORATION, which said Corporation deeded to the City a parcel of real property measuring 60 feet by 100 feet on which was located an existing water well which the City needed for the production of water to serve the citizens of the City; and WHEREAS, under the terms of said Agreement the title to said property Would revert to the grantor, LEHbSLARDT CORPORATION, when the City discontinued water uses of said property, and in event the City of Santa Ana did not discontinue the water uses of said property within five years after July 6, 1959, the City would pay to LEHNHARDT CORPORATION, upon request, the sum of $2,700.00 and said Agreement would thereafter be of no force and effect; and WHEREAS, more than six years have past since the execution of said Agreement and grantor has requested the payment of said $2,700.00, and the City has opened an escrow with First American Title Insurance & Trust Company numbered 873611-hrb for the payment of said money and the acceptance and recording of said Acknowledgment. NOW, THEREFORE, BE IT RESOLVED: That the City of Santa Ana accepts Acknowledgment of Receipt of Funds and Release of Agreement executed by the LEHNHARDT CORPORATION, authorizes the Mayor and the Clerk of the Council to execute said escrow instructions, and authorizes payment to the LEHNHARDT CORPORATION of $2700.00 through said escrow. Ana CLERK OF THE COUNCIL PASSED AND ADOPTED by the City Council of the City of Santa at its regular meeting held on the 6th day of December , 1965. STATE OF CALIFORNIA) COUNTY OF ORANGE ) CITY OF SANTA ANA ) SS I, DORIS M. 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 .6th day of ~, 1965, and was at said meeting regularly passed and adopted by the following vote, to wit: AYES, COUNCII24EN: Gilmore, Brooks, Burk, Herrin, Markel k~ichael, Harvey NOES, COUNCILMEN: ABSENT, COUNCIlmEN: CLERK OF THE COUNCIL