HomeMy WebLinkAboutReso 1962-2841 Resolution No. 2841
Parcels A and B of Vista Square RE$OLUTION N0. 7g41 f
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RESOLO'IION OF THE CITY CGUNCIL OF 'IIiE '
CITY OF CHULA VISTA APPROVIhG ESCROW �
INSIRJCTIONS FOR 1HE SALE OF PARCELSi
PARCELS A AND B OF `JISTA SQUARE
THE CITY CO[JIdCIL OF THE CITY OF CHULA VISTA, DOES HFREBY
RLSOLVE AS FOLLOiYS: .
• Those certain escrow instsuctions, order number 232-6886C,
heretofore delivered to the Bank of America, escrow holder, a
cooy of which is attached hereto, are hereby approved and the
Mayor oE the City of Chula Vista is hereby authorized to sign
on behalf of said City.
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ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF
CHULA VISTA, CALIFORNIA, this 12th day of Juae 19 62
by the following vote, to-wit:
AYES: COUNCIIMEN Rmith DeRraaf .McHaina.HcAllister Henzel
NAYES: COUNCIIMEN None
ABSENT: COUNCIIl`tEN None
��./�"�. �.//�//O��,/�L -
Ma or of the City o Cu Vista
�,/ � � /
ATTEST ✓ �-�1��
City Clerk
•,
STATE OF CALIF�RNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, RENNETH P. CAMPBELL, City Clerk of the City of Chula Vista,
California, DO HEREBY CERTIFY that the above and fore�oing is a full,
true and correct copy of , and
that the same has not been amended or repealed.
DATED:
City Clerk
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Broadway-Hale Stores Inc. <. _
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c�ama:c�� �anit aE�cnccica
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m it in 6�ad p�id,rempt of�6ic6 u hercby actnwlcdQed,doe�hcrcby .
<.. ��.� .. _�� -: . GAANI' TO �t01DYlZ-FLI3 3T(P.ES� SAC.
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- .. Lll of LoL S� 6� 7 aad 2� in Qoartar 9ection 14F af Chcle VSn;a� Sn the City cS ��•
. . YLta� Co�ty of San Diego, 3tau of Ca1lSoxzin� aceox2ing to Ynp thereof Bo. 5C5�
. - f!led ?n the otfies of the �oimt� Aecexder of Ser. Diego Co�mty T�nS 13, 16E6, be?ng
Snal�ed vithin the folioving descrlbed bwmariee�
� 9egimiing at LLe Sntereect!en of tY,e Fiet 1Sne of Brondvay (Sa�erly Aat?ocs? 6ve�ae)
_ -ritD the So�th llne o1'A'Strxt, Se'ng the 9ortt��+eet coxxe: of sa]d iot 5; the:ce elc -
- tLe 5ont3; line cf •}?' Street, Fcrtb 7C�°57� Fast� 1237.9 faet Lo post of :ntereeetion
vith tLc Yest 11M of 71.°tt lvenve (forarl� Fimt Aver.ue)� be±ng the `7�rt3etet carser
_ of m1d iot 5; thanca eloa�g tAe +eet line o: FifiF Ave-ue, beir.g tix Taet li�a o: x
:.ote S, 6� 7 nnd E, Swth i9°G7�1C• East, 12:,5.74 feet to the intersect;cn r±;3 t�e
� B�tt lSne of •^ Street (_*c�veri}' ?irst St^eet) anc *e.ag the Srn:theaet corner o'�
anid Lot £; thence nlong the Aertt l+�e of 'i° St:eet� be`_ng the Sout� 11ne cf eaid
- Lot 8, Sonth 71°C6�lU' +eet, 1239.4e feet to the S.oteraect<_on wi±t t3a E:.st Y_�e of
Braadvay� being tbe Sonttvest coxner oS eaid Lot F theace ai.ong t�e Pnet lix of
Prmd�y� be� �Te Yeet 1L�ee of Lota F� 7� 6 nnd � ortS 19°02�SC' Yeet� i2L'e,4G fe
- to tDe point o! heglnn�.
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F1P.(�'i.� B: � ,� _',� �
- 7he Yesterly ?.nlf of 1G Acre Lo� 9� ezc,epting�there:TO-. ?4e Faeterlp 127 !eet tSe-eof�
- end the Jesteriy Falf of lC• 6cie Lote 1G a��'L, LZ '��arte; Section 1GF o.' Ch,1a Vleta
� _ ._ in tLc Count� c," Ser: i�iego� State o:'Cali.'orr.7n, neccrding to lfap tr_:eof Ro. 505
-� '1ed Sn t:.e o:fice of the necorder of`Snr`� Diege Caunty lhrcF 13, '!SSE� anC ie ro-e
- � pdrticalarly descr'bed as fnllova:
- � - . - Beginc'_�ng nt n aonu�eat ai the intr.raeation of the Bort.*,er_7 �rgin of "P S�eet
, . vith the ?aete:ly �rgi:. o! ?ift� Aveave a� zv.�ing tbence Rorth 19°GF'3° tieet elon;
-_ the Frsterly �:gSn ef ?itth �venne, 95.C.31 feet te n wint; thence Nort� 70°55'42•
Eent� 62C.LF !eet to n raon^�.-ient, Lheace Sout� 19°C7�L5" Fnet� bb2,jE _'eet :o n po;nt;
- � - thence South 7C°53'G4' liest, 127.0 feet to e moavrieat� tY,ence South 19°C7'45' East�
� 291.?L _*eet to m m�umest :a the ticrtherly �r�n o' •P' Street; t.*,ence South 7C°A'
. 45' �est� along the VorthPrly cerg?r, o.' "I" Street 4°3.2c See� to :.nmment� L'�e point
-�� of beginning.
, - SZ�PfIAC TFS'DEFPO?�! the Swthe�ly 2� ;eet of the Neeterl7 275 feet o! ea!d 1C lere
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' � " � -�' `-=� IN WIT':`fESS WHEREOF,uid acanror hu cwsed iu corpon�e�ume avd seal to be a�zed 6ereeo and thu
� -:� i.. ��'_�` mstrumm:ro be eseeuttd by ia ""'_' ' Ftayoi (il�.+�md "'"" ' "'_'Cle[k__�/��
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� . cerpera:ien�Iu�.aecu�d�M�i:hin ua!fenieiey i�eument++d k+.o..+ro v�a be
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� - � p«weu .ho�zrnrt.l �he ri�hin i�r�m�n� en b�lulf of dv eoryerv:m i. "
- . - . . �um.d,ud.�kne.i«4��o�e�h.�.�d+mrP^�•z:en e:ecu�d�M rme.
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Gkula Vista Branch� Bank of Aaerica NTBaSA Nay 29, 1962
?ARCEL A:
, Al1 of Locs S, 6, 7 and 8, in Quarter Sec[ion 148 of Chuta Viste, in the
City o= .Cnula Vista, County of San Diego, State of California, according
to *�a ttiereo� iv'o. 505, filed in the office oc tiie County Recorder of San
�iego County, Narcn 13, 1833, being included w:thin the Po1lo�aiag described
boundaries: �
3eginniao at tne intersection of the East line of Broadway (formerly Yat±onal
- _,. ,;;c) �.;i ;� _:�e So�t'-. line o?"'N" S[rc-et , being tiie ?do*th�aest corner oi sa=_d �
- ]..^t - _ ='.�ca•.c along the jOL`CIl line of "H" Street, �orth 70°57` East , 1237.9
� ;_e�>t [0 3u:n*_ o� iatersection with [rte West line of Fif*_h Avenue (foxr�er�p
First Avenue) , .tieing the P:ortheast corner oz said Lot 5; thence along the
4iesZ :uie o± F:rt!i ;;venue, being the Ezst lines of said Lo_s � , G, 7 and 8,
So�e*_ii 1?°07' ZO" East , 1245. 74 ieet to tne intersection wzc�: :tie North Line
o� "I" Street (formerly First 5[reet) and being t!te Southeast corne- oi s2id
Lot 8; thence alo:.g the �orth line of "I" S*_reet, being the Sovth line of
saz3 Lot o, Soutl. 71°Ob' 10" Nest , 1239.43 feet to the iaCersection witi� the
Eas[ li.^,e of nroad::ay , beir.g Cr.e Soutnwest coraer of said Lot 3; thence along
the East 1".r.e of 9roadway , being the West lines oi Lots S, 7, 6 and 5, Vorth
19°02'S0" West , 1242.44 feet to trte point of beginning.
PSRCEL B:
The t?esterly �ali of �0 Acre Lot 9 , exceoting therefron tite r.asterly 127 fee[
thereof, aad the Westerly rialf o: 10 Acre Lots 10 and 11 , in Quarter Section
14S of Chula Vis[a, in t4e County of San Diego, State oi California, according
to *fap thereof No. 50; , filed in the offi_ce of tl�e Recorder oi San Diego County
March 1'3, 1888, a�id is more par[icularly descrioed as folio�os:
� Beginning a! a nonur:�ent at the intersection oi [he Northerly margin of "I"
Street wit�i the Easterly �arg±n of Fiftli Avenue and running thence North 19°08' 35"
�dest alone tne h'asterly margin ot Fif�n Avenue ,974.31 feet to a ooint; [iience
P:o: th 70°55`12" Last , 620.4R feet co a monumeat; chence South 19°07'47" East,
652. 3a ieet to a point; thence Souch i0°53'04" idest, 127.0 ieet to a nonumer.t;
neaded [nence South ly`07`45" East , 291. 24 feet to a monucaent in the Nortlierly margia
-20-62 of "I" Street; tnence South 70°51 '45" 4iest , along [he i7orttierly margin of "I"
96397-FI Street 493. 2� fee*_ to monument , the point oi beginning.
E%CEPYING THERtcKOr: the 5ov�herly 230 feet of [he ldesteriy 275 feet of said
10 �Acre Lot 9. .
The faregoing Tegal description is hereby appzroved and accepted Yor the
property to be ecnveyed in escrow 232-6886C. end oP miendment
THE CI^tY OF CHIII.A UZSTA BR09DNAY-HALE STORES, IIQC.
B �/o� � �{� BY
� ay
gy BY
, ESCR_,OR' II�' STRliCTIO �S
Broadway-Hale Stores - � � - .�,:.EAL ESTATE TRANSACTION) . � �
MEMO
- _ ' � r��o ourno�or uceow s�
/.
To: 3�ank nf.�mericx �d�•�•�,�• • :soa.o� z�z c,t�E�E�a
..,�o., r:..ac -sso�,..�o �.���.,..�..o.,.�o.o
�
_ : Cl��le Q.'n:3 Branc6 . rc.ceuenuco �� s�•"�
' . !`iwil.�V+l£'tn ,Cali(. roru cow�io���.io. �-� � , 19_�
In ronsidmcioo oE yom aexing as cscrov 6older hercin, iv is sgeed chu yoo s6a11 iv va<ace ar evrn:be liable fm
- � forgerim m fdae pe�sonuiova in comeaioe�ivh a6ese insvmeviovs, iev¢vmee�s of rccovd, ov a6ose 6audled iv�hiz esem�.
� � . I� ia lattho ag+ecd �6u if �uy rnvvo�eis�vius beveeo �Le pvvies 6ere�o or oiv6�ny vhir3 perwn,yoo sball va be
- . roqaiied ao devevminc �6e snme w oake �ny acaiov iv o6e pe<miac�, bm yoa may��aia v6e zcalemme of any sach coevoveny
- . � b�f d appopiam legvl pvoceedin5v or cebe�ise �s yov may rcqvue, ox�ivhsuedivg�v�x6ivg in etie(olioeivg insnncuwd
. _ m v6e convrvy, �vd iv soch e.evv yov shdl no� be Ii�bi< for inwmsi w dama5e. In ahe e.m�of zuch wvvo�e�sy,yov s6all
� � �� . . . . be rn�rtled ro re�soo�ble campenmvian (or �11 senicea per(otmed by yoe �ad m <oans aed rnaovabic.�vorcey's fecs if yoo '
" inte+me in m ve madc � parcy co �uy li[i6uiov; v6c mdcr�iaeed ioivdy aed se�enlly�6ree:ng w p�y che vmc,and yoa
' ' �6�11 Ee�e6n be eui�led�o hoid all dacmema�nd monics depoii�cd bceio pendiva Paymen<<6ereof.
� . . � "f�t - n•�a r�' �,su$rZOQ.UO. I lmse fa7d Lhe sa oY $50�OD0.00 mrte]de cf
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' � � �ud �ill deli�n ro you aey exes, inaa�eva �nd �ddiuond (md� reqn'ved E�om me m mabl<yov ao comply oi�b obcae in
- ' ' A(YR�UES� �II pI�6icb yoe �re aehoiised and incvrvaed m use �vd deli�e�pro�ided ivsu�cvcs 6�ve beev Eiled for�ecsd
, � . rnuotin6 yov ro prxme�ssvraoce oE vide iv ahe usaal Iwm o(�Suodud ��re - Po4cy o(Tide Insvnece, ,
: �..' ' - �.._. . .. .�. �ssv y v • a � ' ' �he Co . f
. ' cd 6 lsad �S1e.I�unace Co . �•�n li b'li�9 0( f I S�I�i �iCFi°�erivg `�`perty in m�v o
� . � .,.•._:` . �.,..:_,. � ' . ,-�� .�A'iL �.CpO� Q3'� Ot �`.6 y'18TA A.ee of C.01'�OSII�B 'bed�s o ows:
� � � � . Ie�al de.^,erigt7w !o be 2aaded yan affi aPF�� �9 �= and seller�an �aaasto
,. . au�n� . . .
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. � �� ,' '�� . Aa per m�p eccorded iv Book P�ge o( Recovdz of vid Camvy
' . .so�[?a�.:��.�.«a e. �tnnneav—A9IIi SYQiES IHC � . . �
i •r
.. evbiea m:(1) ��) Geeerd aad Spec:4 v.xo(or vbe(:zcal yeu 19 � :� iv 63� .
,. _.
:' �� �:�' Q:CLUDC7G Ah7 SPECIAL DSIAICT LEVIFS, PAYMEHiS FOR THICN ARE INCLUDED�7HEREIN AND COLLECTED �
. THEREiI'I'H,AND PER50\AL PROPERTY TAXFS, IF ANY, ASSESSED AGAISA'ANY FOR.NER,04NER:
. (7)Assessmeus ud Boodz,presmoly o(vecord,ha�ivs�preseoo mp�id bdaxe o( �
� ' ' (3)An9 cmm�nva.coediuovs,msuiaiws.renemviovc,iiahvs.ri6hos o1 0�and e�seernos o(rocwd
- . (d)Deed of Tmn secvving an.iodebaedvess o! 3 , , �s pe� iaz�ermz, vo�of mcord, vnp�id bdaxe
' "�� " � �� ' "' ' o( pr ncip�l f . Any dif(evmce m v�np�id bd�vice u disdoud by beve6ciaiy sn¢mevv �ill be �djaxed
o6ro�h eacro�so o�e ooed covsideruim remiea meWvaed. ' � .
' (5)Decd of Trvu on Bank of Amaica N.T.R S.A. fo`m,ezecu�ed by
. . � �eceiuE�Nue For f in(�mr o( ' r ' � . .
II0178
. . daoed dvnind es¢o��ir6 inverea� av . pe�cevv per smvm.fmm . .
':.` ...': . . ` . ''. P�y�ble �
;': -.( ' ,,: pn ipd.n m�vesv due e in ms meavs af S ' . OR 40RE,uc6 ou vhe
' d' .nd p�yabl ��1
. _ d.y o(e�cry . moua6,bepmiu6 � �nd wv�iuuin6 mcil
� � In cansidertia� of certain straet ia,aovaccnts perfor..ed on Faoper4y treretr� eonwped� at
�:-. - ��:: . . :.::�. u tSSe �en saSd: P?'�P�='4 �cas o�med b,� Lkm City oP G7.ula Vista, vbich mid izgrovc-rr.a.s
� Sataud to the beaelYt ot the Faaporty and tho City w° Cmila 9iste� ¢ credit cY �bSCt�.00 ia �
Lernbi allot�l t��tho Gity nf Ghula VSaLn to IIroadsr.yy-Hale 5tares� Inc. ea3 it is agced
' thRL Y�1f(I bB1BIIC6 -t0 bf.' jl6S[7 SIIYO CSC2'OR TGT �ID �CL19B '�PiCB EI183.I- bB SS�ISS�ZCO�CA� �
. . .. ��� . ' i
� '•' II' IS � fiEH? AS A H9i�A OP REC�D 0I7LY d1IL' Sf0A3i�ESCHOH fiUIb�� IS T_Ai' SO E
� . CO.,CS3i�yD t . .. .
. . L tLe cellar a�eea ta Lnld the Pnzefficer 1�a+r1esa8u' nny le�d tas�es an tte prm�erEy �
". . � � caaveyed t�exc�in g�iar to dtme 3fl, 19b2.
� � 2. the p�ehaser�agn.•es to hald t2ro aeilar Larrlete £or avy ta�s aLocated to '..�r�ve�nta
. � .. . Aa o( Od p(DI'6CTSi1 �i2'O�p� �6e fallo�in6�djasamema�nd prwaioaa ody ve requued io ohia escto�:
. . ' P.pRS . '