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HomeMy WebLinkAboutResolutions - No. 1338In the City Council City of Lodi Lodi, California RESOLUTION NO. 1338 Esc. #97157 WEREAS, public convenience and necessity require that the City of Lodi acquire additional lands for the disposal of garbage, refuse and waste matters accruing in homes, business places, public places and industrial areas in this City, the present site on the Mokelumne River now being filled to nearly its capacity and, ;HEREAS, Fredrickson & Y'latson Construction Company of Oakland, California are the owners of thirty-nine acres, more or less, situated in Section 31, T3N, R7E, M.D.B. & li., part of which was used by said company as a barrow pit during highway construction and said Fredrickson & Watson Construction Company is willing to sell the said 39 acres, more or less for the sum of $14,750.00 with all improvements thereon plus one-half the cost of title insurance, $47.25 and the prorated part of the fire insurance policy on the improvements on said land amounting to 336.98 and, r"JHEREAS, said Fredrickson & Watson Construction Company, have delivered a deed to said property in escrow with Security Title Insurance and Guarantee Company of Stockton, California to be delivered to the City of Lodi on payment of the suns here- inbefore mentioned, BE IT RESOLVED --That a warrant be drawn on the City Treasury of this City fr m moneys heretofore transferred from "In Lieu Tax. Fund" to "General Fund" in the sum of x4,834.23 being the price of said land, portion of title insurance fee and prorated fire insurance premium, payable to said Security Title Insurance & Guarantee Company for completion of this transaction whereby this Oity will acquire a good and merchant- able title to said 39 acres of land free of all incumbrances excepting real property taxes now a lien but not now due or payable. 0 - Certified to be a full, true and correct copy of Resolution No. 1338 of the City Council of the City of Lodi as passed and adopted in regular meeting held June 18, 1947 by txe following vote: - AYES: Councilmen, NOES: Councilman, ABSENT: Councilman,