HomeMy WebLinkAboutReso 1954-1638Resolution No. 1638
Option to Purchase Land : , , .
RESOLUTION N0, l03&'
RESOLU`fION APPROVING OP`PION TO PURCHASE LAND
THE CI'PY COWCII, OF TFIE CTTY OF CHULA VISTA DOES HEREBY-
RESOLVE: � �
That the Option to Purchase Land, a copy of which is at-
tached hereto and made a part and parcel hereof as if set forth
herein in full, is hereby approved and the Atayor and City Clerk
of the City of Chula Vista are hereby directed and authorized to
execute the same on behalf of said City.
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ADO.�'�D At�� 1.?r'ROG'�'J b;; tiie CIT1 CO!;!v�SL o£ Lhe
C_TTY Or Ci?LZA VIS1A� C3LZ'G�:ELL, t�is 4th da� oi pJove�aber 1��
b� the follo-=r�ng rote, uo=r.-i.t: . '
AYES: COL:dCIL?G2I i�_der, iialfert��, Riesland� Hobel
NFiYS: COL�:C�:i�,Id None
ABSi:*'f: COlirlCri�3�e? lle�lolf e
i"�Jor o � _ it C ' 2 is ta
ATTF'ST `/ ��^^��__�f�-L
Ci C3�rK
STA^E OF CAL��'IA )
COUivT7C OF SAI� D�.^,0 ) ss.
CITY' OF CHULA VT�TA }
I, , C�t;; Clerl: of tna
City of Chu.l.a Vista, Cali:or:aia, JO :�:::.-� C:..,^_�' t^at
thc above and foregoin� ic a full, trl:e and correct cop� of
Resolution I�o. � �nd t��at t?��e sa,.^+n has na� beea
amcrdeci or retx:•r_l�d.
L:1`!r.D:
C-t/ Clerr.
I
option to purchase land
Qtr. Section 149 OP?'ION TO ?3nC3ASE I,AT7D
In eonsideretion of Lhe sua of one dollar� end othar
valuable considerations tc me in bead paid, rece�pt of ehich
is hereby aclm oaledged, the undersigned, herein referred to es
the optionor, hereby grants unto the Postmaster General, herein
- referred to as the optionee, oP the IInited Ststes and hia as-
signs the option or right to purchase �ithin one hundred eightp
calendar days from the dete hereoP for the price of $ 10.00
(Ten coL�rs) the follooing descrSbed parcel of land s3tuated in
tue City of Chula Viata. Said property is located in the City
of Chula VSata, County oP Sen Diego, State oP CaliPornia and more
narticularly described sa folloea:
"The �esterly 173.00 feet of the Eesterly 237.39
Peet of the Southerly 116.00 feet oS Lot 13 oP
Querter Secticn 1a9 oP Chule Vista, in the City
of Chula Bista, County oP San Diego, State of
Californie, according to Mep thereof No. 505,
filed March 13, 1889 iri the .oP£ice oP the County
�ecorder oP seid San Dlego County; contalning
20,068 sq. £t."
This option is .aubject to the following terms .and ccndi-
tions:
1. It is understoed thet this option mey be assigneble bp
the Postmaster General to a party to be designated by him and Pcr
the purpose oP erecting on the subfect land a building to Se used
Por postel p�.rpose at Chula Viata, California.
2. It ia further understood that, upon compliance rith the
conditions oP the option, a good merchanteble title ahall be con-
veped by grent deed end policy of title insuranee in the customery
Porm used by a reliable title company.
3. This option shall only be exerciaed by the optionee, 3iving
to the optionor notice in �riting oP intention to ezercise tais
option accompanied by the purchasa price thereoP. Said optionor
shall ther_ bs��e thirty deys to deliver merchantable title to said
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property. Said purchase snd sale mnat be completed aithSn the time
liclt prescribed in this option,. unlesa�.it shall be extended by
mutuel egreemant oP tne par•tles.
4. That .the deed..to said property shsll provide�t' that t�ere
shall be erected on,.said nroperty withtn_one .year Prom dste .of said
_ aele and transPer. of title, e bui2ding in aceordance aith .the arch-
itecture, general design end speciPicationa first approeed.bg said
optionor and on file with the said optionor, and said construction
ahsll be sub)ect to tne epproval and inspection during the course
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%' ead after the eonstruction of said building by the. City. Engineer
of seid optionor.
5. That seid property shall be only used or occnpied by the
Poat Offiee Department of tne-IInSted.States Government. The said
optioaor and grentor ahall have opticn to repurchase seid property
_ _ Prom the optionee, .grantee, or ita. easignee if tha terma, conditioms,
and covenents of this. option or. the grent deed .are _not,_complied
nith or said building is not used or. occupied by said Post Office
Dapartment, Por a rapurchase pr.Sce . oL:- (1) the sum of �10.00
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(Yen dol'_.rs) sad (2) tne deprecieted actual conetruetion cost
cer s
oP the building,. seid depreciatlon based upon 30 " �otal deprec-
iation oP Lhe cost price.
Real astste teaes and the fellowing cherges ere to be ad-
�uated as of the deta of the sele:
IN 14IT?Tr:SS cTF�?30F, I heve hereunto_aet mq hand and aeal
this �th dey of tiovenbe.r � 195 l .
(S:HL)
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. �� . . , �a � ,�[_O
. City Clerk - ��ty oi Chu1e V'i: -
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