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HomeMy WebLinkAboutReso 2314A-1956RESOLUTION NO. 231& A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO AUTHORIZING THE PURUHASE OF CERTAIN REAL PROPERTY FROM JOHN THOMPSON WHEREAS JOHN THOMPSON is the sole owner of that certain parceI cf real property situate in the City of South San Francisco, County of San Marco, State of California, and particularly described as follows: Lot 1, Block 135, as shown on that certain map entitled "SOUTH SAN FRANCISCO PLAT NO. 1", recorded in the Office of the County Recorder of San Marco County on March 1, 1892, in Book "B" of Maps, at page 6, a copy of which map is recorded in Book 2 of Maps at page 52; and ~k~EAS said JOHN THOMPSON has offered to convey to the City of South San Francisco marketable title in and to said real property upon payment of the sum of TWELVE THOUSAND FIVE HUNDRFD DOLLARS ($12,500.00); and ~EREAS it is deemed to be in the best interests of said City and of the citizens thereof that said City acquire said property for said sum of money, NOk'~ THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that said City shall purchase the aforedescribed real property for said sum of T~ELVE T~OUSAND FIVE HUNDRED DOLLARS ($12,5OO.OO), provided that said JOHN THOMPSON IS ~eady, willing, and able to convey to said City marketable title thereto. The purchase of said property and the adceptance of said Grant Deed arehereby ordered. BE IT FURTHER RESOLVED that a warrant sha. ll be drawn upon the City Treasurer, payable to the order of San Mateo County Title Company, in said sum of ~ELVE TMOUSAND FIVE HUNDRED DOLLARS ($12,500.00), which warrant, along with a certified copy of this resolution and appropriate escrow instructions, shall be forwa~ed to said title company to be delivered to said JOHN THO)~SON at such tine as said title company is prepared (1) to record a Grant Deed conveying to said City marketable title in and to said real property and (2) to issue its policy of title insurance insuring in said City such ~,~rketable title. A policy of such title insurance shall be obtained at the expense of said City. I hereby certify that the foregoin~ resolution was re%,zlarly introduced and adopted at a regular meeting of the City Council of the City of South San Francisco held on the 2Otb day of February 1956, by the following vote; AYES, COUNCILM~N: NOES, " : ABSENT, " : Andrew Rocca, Francis Lucchio, Emilio Cortesi, Richard Gamlen, Telford Smith None None ATTEST: Arthur A. Rodondi City Clerk