HomeMy WebLinkAbout63-033RESOLUTION NO. 63-33 AUTHORIZING EXECUTION
OF DEED FOR CASH CONSIDERATION AND AMENDMENT
TO ESCROW INSTRUCTIONS WITH THE PACIFIC
TELEPHONE AND TELEGRAPH COMPANY
WHEREAS, after published notice of offer to sell on written bids
at the sale date, January 21, 1963, at the regular Council Meeting Of
the City of Santa Ana, one sealed bid was received and opened whereon
it was found that the PACIFIC TELEPHONE AND TELEGRAPH COMPANY, a
corporation, was the only bidder in the amount of $160,000.00, which
said Company made a deposit of a certified check in the amount of
$20,000.00 to guarantee cc~pletion of its offer to buy; upon call by
the Mayor of oral bids from the audience, no oral bid was received,
and it was regularly moved, seconded and carried that the bid of
THE PACIFIC TELEPHONE AND TELEGRAPH COMPANY be accepted for sale
through escrow.
NOW, THEREFORE, BE IT RESOLVED: That the sale which was regu-
larly declared as hereinabove set out and which may be completed by
depositing the balance of the purchase price, $140,000.00, through
Escrow No. 344313-ET with the Title Insurance and Trust Company,
Santa Aha, California, is hereby confirmed, and the Mayor and the Clerk
of the Council are hereby directed to execute for and on behalf of the
City amended escrow instructions requiring a certified copy of this
Resolution to be recorded and forwarded to the buyer at close of
escrow, and to execute for and on behalf of the City of Santa Aha a
deed conveying the real property in the City of Santa Aha, County of
Orange, State of California, described as:
Lots 7, 8, 9 and 10 in Block 17 of the "Town of Santa Aha",
in the City of Santa Aha, County of Orange, State of
California, as per map recorded in Book 2, Page 51 of
Miscellaneous Records, in the office of the County Recorder
of LOS Angeles County, California,
to THE PACIFIC TELEPHONE AND TELEGRAPH COMPANY, a corporation, and to
deliver the same through said escrow.
Ana at
ATTEST:
CLERK OF THE COUNCIL
PASSED AND ADOPTED by the City Council of the City of Santa
its regular meeting held on the 18th day of February, 1963.
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 Aha; that the foregoing Resolution
was regularly introduced to said Council at its regular meeting held
on the 18th day of February, 1963, and was at said meeting regularly
passed and adopted by the following vote, to-wit:
AYES,
COUNCILMEN: Hubbard~ Schlueter, Gilmore, Brewer, Hall
NOES, COUNCILMEN: None
ABSENT, COUNCILMEN: None
CLERK OF THE COUNCIL