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HomeMy WebLinkAboutReso 1969-5409RESOLUTION NO. 5409 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA, APPROVING AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND CHARLES F. AND EMMA M. KOKAI FOR THE SALE AND PURCHASE OF CERTAIN REAL PROPERTY FOR ACCESS ROAD AND OTHER PUBLIC PURPOSES, APPROPRIATING FUNDS FOR SAID PURCHASE, AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT The City Council of the City of Chula Vista does hereby resolve as follows: NOW, THEREFORE, BE IT RESOLVED that that certain agreement between the City of Chula Vista, a municipal corporation, and Charles F. and Emma M. Kokai, husband and wife as joint tenants, for the sale and purchase of certain real property for access road and other public purposes, dated the 28 day of OCTOBER 19 69 a copy of which is attached hereto and incorporated herein, the same as though fully set forth herein be, and the same is hereby approved. BE IT FURTHER RESOLVED that the sum of $5,100.00 be, and the same is hereby appropriated from the unappropriated reserve of the General Fund for the purchase of said real property, and for the City's share in the escrow and title policy costs. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista be, and he is hereby authorized and directed to execute said agreement for and on behalf of said City. Presented by Lane F. Cole, Dir ctor of Public Works Approved as to form by George D. dberg, City Attorney ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, this 2$ day of OCTOBER , 19 69 , by the following vote, to-wit: AYES ; Councilmen SCOTT, SYLVESTER, HAMILTON McALLISTER NAYES : Councilmen NONE ABSENT : Councilmen McCORQUODALE ATTEST STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I - KENNETH P CAMPBELL City Clerk of the City of Chula Vista, California, DO HEREBY CERTIFY that the above is a full, true and correct copy of Resolution No. 5409 and that the same has not been amended or repealed. DATED October 29 1969 City Clerk AN AGREEMENT FOR THE SALE AND PURCHASE OF CERTAIN REAL PROPERTY FROM CHARLES F. AND EMMA M. KOKAI, HUSBAND AND WIFE, AS JOINT TENANTS THIS AGREEMENT, made and entered into this 28 day of OCTOBER 1969, by and between the CITY OF CHULA VISTA, a municipal corporation, hereinafter referred to as "Buyer", and CHARLES F, and EMMA M. KOKAI, husband and wife, as joint tenants, hereinafter referred to as "Sellers"; W I T N E S S E T H WHEREAS, Sellers are the owners of certain real property hereinafter described, being a parcel of record located in the City of Chula Vista, County of San Diego, State of California, described as a lot, or a portion of a lot or lots of record, and WHEREAS, Sellers wish to sell, and Buyer wishes to purchase said real property to be used for access road purposes and other public purposes in the City of Chula Vista, County of San Diego, State of California, and WHEREAS, the parties hereto have reached an agreement which they now wish to reduce to writing. NOW, THEREFORE, IN CONSIDERATION OF THE PREMISES contained herein and for other good and valuable consideration, receipt of which is hereby acknowledged, the parties hereto agree as follows: 1. Sellers agree to sell, and Buyer agrees to purchase that certain real property situate in the City of Chula Vista, County of San Diego, State of California, more particularly described as All that portion of Section 113 of Rancho de la Nacion, in the City of Chula Vista, County of San Diego, State of California, according to Map thereof No. 166, filed in the office of the County Recorder of San Diego County, May 11, 1869, described as follows: Beginning at the Northwest corner of the Southerly 65 feet of Quarter Section 113; thence North 71°6'36" East 122.72 feet to a point on a 460 foot radius curve concave South- .- westerly whose radius bears North 68°26'59" East to said point; thence Northwesterly along said curve 65.51 feet; thence South 71°6'36" West to a point on the Westerly line of said Quarter Section; thence South 18°30'30" East to the Point of Beginning in the Southwest Quarter of Quarter Section 113. 2. The purchase price therefor shall be the sum of FIVE THOUSAND DOLLARS ($5,000.00). 3. Buyer agrees to deposit said amount in an escrow estab- lished to provide for the transfer of title to said property upon the approval of this agreement by the City Council of the City of Chula Vista, which deposit will be undertaken not more than fourteen (14) days from the execution of this agreement by Sellers. Sellers agree to share all normal costs of escrow and provide a good and valid title policy for said property, the cost of which the City agrees to share on a fifty-fifty basis. -1- -~~ro~ 4. This agreement shall bind, and inure to the benefit of, the heirs, executors, administrators, successors and assigns of the parties hereto. IN WITNESS WHEREOF, the parties hereto have caused this agree- ment to be executed the day and year first hereinabove set forth. THE CITY OF CHULA VISTA, Buyer CHARLES F. and EMMA M. KOKAI, Sellers _ ~~ ayor/of the Ci y of Chula V' a Charles F. Kokai Pro Tem ,~j~ ~ f ATTE S T `' / : (' _ r - - -~-t , '4c~ ~.~y~'i3~.G~/ ~ . '~ t~ j / d' l~(..G~ ity Clerk Emma M. Kokai Approved as to form by ~~% George D. ndberg, City Attorney -2- Ir'__. `1 `tLM