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HomeMy WebLinkAboutReso 3387-196236O RESOLUTION NO. 3387 A RESOLUTION ACCEPTING DEED CONVEYING FEE TO PORTION OF RIGHT-OF-WAY FOR HARBOR WAY AND TO SMALL PARCEL OF PROPERTY SITUATE AT SOUTHWEST CORNER OF HARBOR WAY AND EAST GRAND AVENUE WHEREAS GRACE F. GUERIN and E. R. GUERIN, her husband (hereinafter, for purposes of convenience, Jointly referred to as "Grantors"), are wtlliny to convey to the City of Sou~th San Francisco, in return for said City's paying to them a reasonable consideration therefor, the fee title to the right-of-way for a portion of the public street known as "Harbor Way" together with a small triangular-shaped piece of property situate at the southwest corner of the intersection of said Harbor Way and East Grand Avenue, in said City; and WHEREAS it is in the best interests and welfare of the City of South San Francisco that the fee title to the aforesaid right-of-way and the triangular-shaped piece of property be acquired, provided that the same can be purchased for a reason- able sum; and WHEREAS it appears that the reasonable value of the aforesaid right-of-way and the adjoining piece of property is Nine Thousand Dollars ($9,000.00), as deter- mined by the appraisal made by Ralph F. Clark, a duly licensed and qualified appraiser of land, NOW, THEREFORE, BE IT RESOLVED by the City Council of said City that said City shall, and it hereby does, accept that certain duly executed and acknowledged Grant Deed dated the 17th day of November 1961, whereby Grantors do convey to said City fee title to the above-mentioned right-of-way and adjoining triangular-shaped piece of property, and that said City pay to Grantors in return therefor the sum of Nine Thousand Dollars ($9,000.00); provided, however, that Grantors shall, at their own expense, furnish to the City of South San Francisco a policy of title insurance insuring in said City good and marketable title to said riqht-of-way and adjoining triangular-shaped parcel of property. BE IT FURTHER RESOLVED that the City Clerk of said City be, and he hereby is, directed to cause said Grant Deed, together with a certified copy of this resolu- tion and a draft of the City drawn in the sum of Nine Thousand Dollars ($9,000.00) (char~ed to the Harbor Way Assessment District's Fund) to be forwarded to the Redwood City Office of California Pacific Title Insurance Company, with instructions to record said Deed and the certified copy of this resolution at such time as it is prepared to, and does, issue, at the expense of Grantors, its policy of title insurance, insuring in the City marketable title to the aforesaid right-of-way and adjoining, triangular- shaped parcel of property, whereupon said title insurance company may deliver to Grantors said sum of Nine Thousand Dollars ($9,000.00). I hereby certify that the fore~oin~ resolution was regularly introduced and adopted at a regular meeting of the City Council of the City of South San Francisco held on the 5th day of February 1962, by the followin~ vote: Ayes, Councilmen Noe s, Absent, " G. J. Rozzi, Patrick E. Ahern, Emilio Cortesi, Andrew Rocca, and Leo J. Ryan None None ATTEST: ARTHUR A. RODONDI City Clerk