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HomeMy WebLinkAboutReso 3315-1961 Signed Copy(Harbor Way Assessment District) RESOLUTION NO. 3315 A RESOLUTION ACCEPTING DEED CONVEYING FEE TO RIGHT-OF-WAY FOR EAST HARRIS AVENUE AND A PORTION OF HARBOR WAY WHEREAS UTAH CONSTRUCTION & MINING CO. (Xormerly Utah Construction Company, a corporation), a Delaware corporation (herein- after, for purposes of convenience, referred to as "Corporation"), is willing to convey to the City of South San Francisco the fee title to the right-of-way for that certain public street known as "East Harris Avenue" and also the fee title to a portion of the right-of-way for the public street known as "Harbor Way" in return for said City's paying to Corporation a reasonable sum therefor; and WHEREAS it is in the best interests and welfare of the City of South San Francisco that the fee title to the aforesaid rights-of-way be acquired, provided that the same can be purchased for a reasonable sum; and WHEREAS it appears that the reasonable value of the afore- said rights-of-way is Twelve Thousand One Hundred Dollars ($12,100.00), as determined 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 acknow±edged Grant Deed dated the 6th day of November 1961, whereby Corporation does convey to said City fee title to the rights-of-way mentioned in the premises hereto, and that said City pay to Corporation in return therefor the sum of Twelve Thousand One Hundred Dollars ($12,100.00); provided, however, that Corporation shall, at its 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 rights-of-way. 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 resolution and a draft of the City drawn in the sum of Twelve Thousand One Hundred Dollars ($12,100.00) (charged to the Harbor Way Assessment District's Fund) to De iorwarded to the Redwood City Office of California Pacific Title Insurance Company, with instructions to record said Deed and the certified copy oi this resolution at such time as it is prepared to, and does, issue, at the expense of Corporation, its policy of title insurance, insuring in the City marketable title to the aforesaid rights-of-way, whereupon said title insurance company may deliver to Corporation said sum of Twelve Thousand One Hundred Dollars ($12,100.00). ******* I hereby certify that the foregoing resolution was regularly introduced and adopted at a regular meeting of the City Council of the City of South San Francisco held on the 6th day of November 1961, by the following vote: AYES, COUNCILMEN G.J. Rozzi, Patrick E. Ahern~ Emilio Cortesi, Andrew Rocca, and Leo J. Ryan. N~S, " None. ABSENT, " None. CITY CLERK