HomeMy WebLinkAboutCC Resolution 4665RESOLUTION NO. 4665
A RESOLUTION AUTHORIZING THE SIGNING
OF A LEASE OR AGREEMENT
THE CITY COUNCIL OF THE CITY OF SAN RAFAEL HEREBY RESOLVES as
fol lows :
The MAYOR and CITY CLERK are authorized to execute,
on behalf of the City of San Rafael a lease or agreement with
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a copy of which is hereby attached and by this reference made a
part hereof. (RIGHT OF WAY CONTRACT AND ESCROW INSTRUCTIONS FOR LAND
ACQUISITION AS SET FORTH IN GRANT DEED DATED NOVEMBER 1,
1973, AFFECTING PARCEL 17 IN THE EAST SAN RAFAEL DRAINAGE
ASSESSMENT DISTRICT NO. 1)
1MARION A. GRADY Clerk of the City of San Rafael,
hereby certify that the foregoing resolution was duly and regularly
introduced and adopted at a Regular meeting of the
Council of said City held on
MONDAY
the 4TH
day of FEBRUARY , 19 74 , by the following vote, to -wit:
AYES: Councilmen: Jensen, Miskimen, Mulryan, Nixon and Mayor Bettini.
NOES: Councilmen: None.
ABSENT: Councilmen: None.
MARION A. GRADY, City Clerk
I
fibrin Title Guaranty ('ompjIty January 11
1300 fourth Strut .................. ..... 1-121.1 ....................
San Rafael, California
DATE
Re- Your No. ..95...15.] 4...]r ..............
Gentlemen:
There is transmitted to you herewith the following:
The sum of $18,278.62.
TO BE DELIVERED OR DISBU14SED upon recordation, subject, to the exceptions and conditions of the
standard form of title insurance policy, of a Deed to property described on sheet
attached hereto, which will vest title in:
CITY OF SAN RAMEL, a municipal corporation
SUBJECT TO:
1. Assessment #17 B East San Rafael Drainage Assessment District #1.
2. Rights of Way or easements for utility purposes which may affect
the property so described.
YOU ARE to issue title insurance for the sum of $18,064.87
THE DEMAND for delivery or disbursement of the above named items shall be in accordance with the
following statement.
Authority to deliver shall be deemed to he Authority to Record.
We acknowledge receipt of un executed ropy
Of this instruction and the item, Inked hereon.
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MAR11i TITLE GUARAX'fY COMPANY
..»...................................................................
Date...............................................................
Pleasemail our item to................................................................................
i
RIGHT OF WAY CONTRACT
CITY OF SART RAFAEL
-A document, in the -form of a Grant Deed, covering the '
property -described in_that instrument,.has been 'executed and
delivered to Charles P. Semple representative of
the City of San Rafael.
1. The City shall: '
(A) Pay the undersigned grantor(s) the sum of
,,518,054.87 for the property or
interest therein, as conveyed by above document,
when property vests in the City free and clear of
all liens, encumbrances, assessments, easements and
leases (recorded and/or unrecorded) and taxes, ex-
-cept : _
a. Current general and special county and city
taxes, if any.
b. Covenants, conditions,-re'strictions and res-
ervations of record, if any. '
c. Easements or rights of way over said land
for utility or street purposes, if any.
(B) Pay all escrow and recording. fees incurred
in this transaction and, if title insurance is de-
sired by the State, the premium charged therefor and
documentary stamp tax, if required. Said.escrow and
recording charges shall not, however, include recon-
veyance fees, trustee's fees or forwarding fees for
any full reconveyance or full release of mortgage.
Right of Way Contract Page 2
2. -Any or all monies payable under this contract, up
to and including the total_ amount of unpaid principal
and,interest on note(s) secured by mortgages) or
deed (s) of trust, • if any, together• with penalty .*(if
any) for payment in full in advance of maturity, shall,
upon demand(s) be made payable to the mortgage(s) or
beneficiary (s) entitled thereunder; said mortgagee (s)
or beneficiary(s) to furnish grantor with good and suf-
ficient receipt sholging said monies credited against
-the indebtedness secured by said mortgage (s) or .deed (s)
of trust.
IN WITNESS WI3EREOF, the parties have executed this agree-
ment on
S°/R CITY OF SAN RAFAEL
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