HomeMy WebLinkAbout903 - Purchase of Library Site141
RESOLUTION NO. 903
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA AUTHORIZING THE PURCHASE OF LIBRARY SITE,
APPROVING THE PURCHASE PRICE AND AUTHORIZING THE
CITY MANAGER TO SIGN THE ESCROW INSTRUCTIONS AND ALL
DOCUMENTS NECESSARY TO COMPLETE SAID PURCHASE.
The City Council of the City of Costa Mesa does hereby resolve,
determine and order as follows:
SECTION 1. That the City Council of the City of Costa Mesa does
hereby determine that it is for the best interests of the City of Costa Mesa
to purchase the hereinafter described real property for the sum of $25,000.00
cash for city purposes, said property being described as follows:
Lot 170 of Tract No. 3487, as shown on map
recorded in book 122, pages 6 to 16 inclusive
of Miscellaneous Maps, records of said Orange
County.
SECTION 2. The Director of Finance is hereby authorized to issue
a warrant payable to the United States National Bank, as Escrow Agent, in
the amount of $25,000.00, to cover the purchase price of said property.
SECTION 3. The City Manager is hereby authorized to open an escrow
at the United States National Bank (Costa Mesa Branch) and to execute any
and all documents necessary to complete the purchase of the aforesaid property
.— on behalf of the City of Costa Mesa.
PASSED AND ADOPTED this 20th day of No r 1961.
Mayor f t y of Costa Mesa
ATTEST:
, �'
C-Aby7CIerk of the Cit of Costa Mesa
STATE OF CALIFORNIA )
SS.
COUNTY OF ORANGE )
I, A. C. SWARTZ, City Clerk and ex -officio Clerk of the City
Council of the City of Costa Mesa, California, do hereby certify the fore-
going Resolution No. 903 was duly and regularly passed at a regular meeting
of the City Council of the City of Costa Mesa on the 20th day of November, 1961.
IN WITNESS WHEREOF, I do hereunto set my hand and seal this 21st
day of November, 1961.
City Clerk and ex -officio Clerk of the
City Co it of'jtjje, City of Costa Mesa
Chief Deputy