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HomeMy WebLinkAboutResolutions - No. 1564In the City Council City of Lodi Lodi, California RESOLUTION NO. 1564 AUTHORIZING SALE OF "LODI ARMORY" PROPERTY TO THE STATE OF CALIFORNIA: DIRECTING EXECUTION OF DEED: STATING THE SALE PRICE AED AUTHORIZING ESTABLISH- MENT OF ESCROW TO ACCOMPLISH THE PURPOSES OF SAID SALE. WHEREAS, It is to the best interests of the City of Lodi as previouslp determined by this. City_Council that the property comAonly called. "Lodi Armory Property' be sold to the State of California, and, WHEREAS, The State ofCalifornia has aceepted.the offer of the City -of Lodi to sell Said property for the sum of $60,00o.00 less the cost of a polio* of title insurance thereto, therefore, BEI T RESOLVED, That the City or Lodi sell thefollowing described -lands and improvements thereon to the State of California, viz: THE SOUTH EIGHTEEN AI ONE-HALF FEET (18.5') OF LOT illvt (5), ALL OF LOTS SIX (6) AND SEVEN (7) THE SOUTH FIFTEEN AND SEVEN 'METHS FEET (1567') OF LOT 'ge.L14,4,0141 (13) AND ALL OF LOTS FOUPTEEN (14) prpTUN (15), SIXTEEN (1,6), SEVENTEEN (17), AND EIGHTEEN (18), ALL IS BLOM SIX (6), ACCORDING TO THE opFrciAL MAP OP LAWRENCE HOMESTEAD ADDITION -NO. 2, num FOR RECORD AUGUST 10, 1922 IN VOL. 10 or MAPS :AN PLATS, PAGE 59, SAN JOAQUIN COUNTY RECORMS. The Mayor le hereby authorized, empowered and directed to make, execute and deliver a grant deed to the above property,. ,aid deed to be deposited in-estrow With Security.Title Insurance and Gutraptet CoMpAny, for delivery to the authorized represen, tative of the State of California upon payment of the amount previously stated herein, the City of Lodi to Pay the cost of a policy of title insurance Issued by said Title Company shoiihg clear title to be vested in the State o f California. The City Manager and/6r the City Clerk are hereby auth- orized to do and perform any acts required on their parts to effect' the purpose of this resolution. Passed at a regular meeting of the City Council of the City of Lodi held October 4, 1950, by the following vote: AYES: Councilmen, iftmeiiiimeng, MUM' NOES: Councilmen, Asp ABSENT: Councilmen, Aggp, petebar 4 NO Attest: