HomeMy WebLinkAboutResolution No. 2712l
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RESOLUTION. NO. .2712
A RESOLUTION- OF: THEx;CITY'C.OUNCIL OF THE
CIT),: OF AZUSk, C NTY OF LOS 'ANGELES,
STATE PF CALIFORNIA, ACCEPTING BILL OF
SALE l�ROM,,ASSETS RECONSTRUCTION.CORPORATION
LT. AND AUTHORIZING TkE 14YOR 'AND; ;C`I'TY
CLERK TO SIGN A tUAL-,RE-LEASE`.ATT%QOEIY,
THERETO.
The City Council of the City of Azusa does hereby
resolve.as followsc
Section 1... Whereas,.,Assets Reconstruction Corporation,
Ltd., has heretofore del the City of Azusa a bill
of sale,. conveying all of its; ,right,. title and interestin
and to a certain 4" pipe line;'running from the point of connection
thereof to existing,water main lines.of the City of,Azusa;.at
the approximate location of Vernon.and Paramount Streets, and
running,`and'extending to a:point at the approximate intersection
of Paramount Street and Motor. Avenue, together with certain
laterals and easements, as more._fully-described in"said bill of
sale, and
Section 2. Whereas; said corpbration has -prep . ented a
Mutual Release to be executed:by'the- City -of Azusa in connection
withsaid bill of sale, and
Section 3. Whereas,. -it will be for the.best interests of
the City of Azusa that said bill 6f'sale be accepted and said
mutual release executed, now, therefore,
Section 4i It is resol, that the :City Council does
hereby accept said .bill of sale,frord Assets Reconstruction
Corporation, Ltd.'
section.. It is further resolved that the Mayor and
City Clerk be, and they are..hereby authorized and directed to
execute said. mutual release for and on behalf of the City'of
Azusa.
Section 6.
It is further resolved that the Mayor shall
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sign this resolution and'the City Clerk shall attest the same..
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and certify as
to the•pas§age and adoption hereof, and shall
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cause,a certified.copy
of thisresolution,-,together with an
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Q)tecuted copy
of said mutual release to be delivered to Assets
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Reconstruction
Corporation, Ltd
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Karl ,,2'..'Xernes,
Mayor of the City of Azusa.
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ATTEST:
Mnes',
A
City Clerk of
he City of:Atusa.
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I hereby certify that the foregoing resolution was
duly and regularly adopted by the City Council of
the City of Azusa at a regular
meeting of said Council of said City held in the
regular council chambers of said City Council in
said City.
Taramhar , 1952 andthatthe same
was passed by the following vote of the Council:
AYES: COUNCILMEN: Hernandez, Seltzer, Memmesheimer,
NOES: COUNCILMEN:
ABSENT: COUNCILMEN:
Jones
City Clerk, �Aty of Azusa