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HomeMy WebLinkAboutCC RESO 14,438RESOLUTION NO. 14,438 RESOLUTION AUTHORIZING THE CITY ENGINEER TO ENTER INTO AN ACQUISITION ESCROW FOR PROPERTY AT 2405 EAST 19TH STREET (J.N. & J.A. Peppmuller) WHEREAS, the construction of Euclid Avenue from 16th Street to 20th Street require acquisition of several parcels of land, and WHEREAS, this parcel of land includes a 3 bedroom residence, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the City Engineer is hereby authorized to enter into an Acquisition Escrow for property at 2405 East 19th Street in the City of National City, County of San Diego, State of California, for the acquisition in fee of all real property described in Escrow Instructions (No. 57437-S) dated June 4, 1984 attached hereto; and A copy of said Escrow Instructions are on file in the office of the City Clerk and reference is made herein for all particulars contained therein. PASSED and ADOPTED this 18th day of September, 1984. ATTEST: CITY CLER kat l"^ 1. 2. 3. 4. 5. 6. 7. TO: LAND TITLE ( ^SCROW INSTRUCTIONS Division of Continental Land itttS Company .,...o TITSE BUILDING +AILING AOORtS• '3l0 .OUR TN AVENUE 0 BOX 2270 SAN OIEGO CALIFORNIA SAN OIE GO. CA 9211 . e191224•T192 Escrow No. 57437-S Escrow Officer O. _.. ^.^"'.= Date June 4, 1034 We shall cause to be deposited in close. the sum of $ 70,000.00 8. TO COMPLETE THE TOTAL PURC?L SE ?RIC? OF 70,000.00 9. 10. IN ADDITION TO THE ABOVE, 3tTYE9 c: ,:.I L =:;?;'H"R CAUS EE DEPOSITED TN ESCROW THE 11. SUM OF $2,400.00 WHICH ESCROW HOLDER S IALL PAY TO -R AT THE CLOSE OF ESCROW. 12. THIS AMOUNT REPRESENTS RELCCATICN ASSISTANCE TO BE PAID TO SELLER. 13. 14. 15. 16. 17. 18. 19. 20. which you ire instructed to use when you are able to procure your stanoara form Owners 21. Policy of Title Insurance, containing the printed exceptions usual in such policy, with liability not less than 22. S 70,000.00 on the following described land situate in the 23. County of San Diego, State of California 24. That portion of Quarter Section 107 of Rancho de la Nacion, in the City of National. City, 25. County of San Diego, State of California, according to the Map thereof No. 166, filed in 26 the office of the County Recorder, May 11, 1869, described as follows: 27. Commencing at the Northwesterly corner of the Southerly Half of the Northerly Half of 2E. Quarter Section 107, Rancho de la Nacion; thence South 19°East 40 feet to the true point 29. of beginning; thence South 19° East 360 feet; thence North 71° East 60.5 feet; thence 20. North 19° West 360 feet; thence South 71° West 60.5 feet to the true point of beginning. 31. EXCEPTING therefrom the North 200 feet, 32. 23. 34. 35. showing the fee title in said land vested in. CITY OF NATIONAL CITY, a Municipal 36. Corporation 37. 33 39. FREE OF ENCUMBRANCES EXCEPT: 40. 41 1. Secured property taxes for the fiscal year 19 84-85 , a lien not yet 42 due and payable. 43. 44. 2. Easements, covenants, conditions, restrictions and reservations of record. 45. 3. The lien of supplemental 4S pp taxes,if an y, assessed pursuant to the provisions 47. of Chapter 498, Statutes of 1983 of the State of California. 48. ************** 49. 50. CLCSE OF THIS ESCROW IS CONDITIONED UPON acceptance of the Grant Deed and 51 authorization for the expenditure of the funds necessary to purchase said 52. property by the City Council of the City of National City. Deposit in escrow 53. of the resolution by the City of National City accepting said deed and author- 54. izing the expenditure shall constitute satisfaction of this condition. 55. 56. --... -. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71. 72. E3/3(31131 (Page 1) CONTINUED ON PAGE TWO TO: LAND TITLE Division of Continental Land Title Comoany 133011011q[N AvrNilr SAN Oa GO. CALIFORNIA (714) 234 7192 PI ORA S 1 • PRORATE as of ---'-_-'_NO'-'-' .IC;I-a r.L».....«w 2. ASJu7n_.7-•3fL11aX 1IIarl2tl �n_.aRy_�i(y.Aty_t:. -..:«I_4,«»H:•:-w.•-t••+•t.0-r49NXm•11e-Tnrtvalh/-erret -rjr-Jre't0__ 4. use the 1.'Ltf'imai/ao_cant.'Loci _rL•`u+_sirt-•,.,...w1.,--A.1,.-.t.. wl,ww-. 1-W144-1--•-tNH•44.4•^7-rrr , n1111-17{-t^.r.-e $er. best rCrar1rS 5• statcrntiL�pdJue� i ucance ,�,� n.I..rWY 1�OIG�Mri(lw-L (GA�MM I/PY-+.rvRfen emovr n tt Ctoent xmPbernrt crt7rlr5- 6• Sta7 tru etl t_ccYeals as l7zrrt [1 1.:,, u_6.3.6 ©Watl:t ti.,._ -••.....-...to 7. Escrow No. 57/+37-3 Date• June 4, 1984 8. 9. In the event of a failure of a performance or condition to be complied with in a stated period of time. or on or before a stated 10. date. or in the event these instructions are not complied with cn or bofore__,A1_1 USt 1984 11. either party may give you a written demand to cancel. otherwise complete this escrow as soon as possible. In the event such 12 demand is signed by less than all of the parties hereto, you are to withhold all documents and proceeds until ten days after 13. you have mailed a copy of said demand to the 'ion -signing parties at the respective addresses shown herein. Upon receipt of said 14. demand. the parties shall, immediately after demand by you. reimburse you for services rendered to date: and you are hereby 15. given a lien upon all documents. moneys and securities herein deposited until you have been so compensated. 16. Your knowledge of matters affecting the property, provided such facts do not prevent compliance with these 17. instructions, does not create any liability or duty in addition to your responsibility under these instructions. 18. No notice. demand or change of instructions. except a demand for cancellation made in accordance with 19. the foregoing paragraph. shall be of any effect in this escrow unless given in writing by all parties affected 20. thereby. 21. Proceeds of this escrow may be disbursed by your check payable to the parties as their names are signed hereon, 22. and your checks and documents may be mailed to the addresses set forth in these instructions. 23. You are instructed to furnish to any broker hereunder or any lender, or anyone acting on behalf of the lender. any information 24. concerning this escrow. including among other things certified copies of all escrow instructions and any amendments there- 25. to and copies of final closing statements upon request of such broker or lend r, 26. Indicate.on the, deed to„file, all futpce tax,staterrments are to be mailed tp ity Clerk, City of National 27. _ y, enter, Ic4.3 Lational "venue, National City, California 92050 29. Also included are fees for obtaining a full reconveyance and recording of full reconveyan 30. if any, together with demand fee. 31. 32. 33. 34. 35. 36. CITY OF NATIONAL CITY, 37. a Municipal Corporation 33. v_• ADDREss_..1.24a.National-City-Boulevard 39. National City, CA 92050 40. -_-SY: - _ _ _ . _ .Atten:--John__[4.__Benzing, 41. Engineering Dept. 42. _ 43. 44, Phone No. 45, 46. These instructions are ratified and approved. I will hand you papers and proceeds required to comply With these instructions. 47. 48. 49. Pay from sellers proceeds such costs. taxes. assessments and demands to show title as required herein when you can comply 50. with these instructions. THERE IS NO COMMISSION INVOLVED IN CONNECTION WITH THIS TRANSACTION. 51. Pay-a-YWwn.esler►«faooe,oe,iee-w,{„the•+rwAr. eieteone-oemernee-irt-e-Jepeeete-eorrirms,sierrorderr 52. Pay Documentary Transfer Tax in the amount ors- MR 53. Ik4,44hd.j.v'::/ We are to be at no expense in this transaction for title or escrow fees. 54. 55. Escrow holder is instructed to obtain from Ralph C. Sutro Co. 56. beneficiary under the deed of trust encumbering subject property a full reconveyance . 57_ together with demand for its use, including principal, accrued interest and prepayment 58. penalties, if any. 59. 60. 61. 62. 63. 64. 65. _ ADDRESS 2405 East 19th Street 66. John M. Peppmuller National City, CA 92050 67. 28. I agree to pay: all title and escrow fees in connection with this transaction. 68. Julie A. Peppmuller 69. 70. 71. ..........................................................._ _Phone No. 72. (Page 2 1 IC•374 Som. Illar. 9/761 AMENDMENT TO ESCROW INSTRUCTIONS To: LAND TITLE DIVISION OF COUTINEN?A{ LAND 1.1:-E CCMIPANV 1330 Fourth Avenue San Diego CA 92101 D. E. Scannell, Escrow Officer/1g (619) 234-7192 EscrowNo 57437-S Data Tune 1$_ 13$4 2. YOU ARE HEREBY INSTRUCTED THAT UPON RECEIPT OF :1 COPY OR COPIES OF THIS INSTRUCTION 3. IN ESCROW, SIGNED BY ALL PARTIES HEREIN, THIS ESCROW SHALL BE DEEMED AMENDED AS 4. FOLLOWS: 5. 6. Delete lines 10 - 12 of escrow instruct:cns dated June 4, 1984. This will delete any reference :wade to the . 244O0.O0 relccat -2r 0...,• 9. 10. 11. Closing date shall be on or before October 15, 1984. 12. 13. ALL OTHER TERMS AND CONDITIONS TO REMAIN THE SAME. 14. 15. 16. 17. 18. CITY OF NAT NAL CITY, 19. John :1. Peppmuller a Muic;p Corporation 20. 21. 22. Julie A. ?eppmulier 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33 34 35. 36. 37. 38. 39. c0. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71. BY: (Page E-101 D. E. Scannell. Escrow Officer 2 You are hereby instructed that czon .ecei^ of a _soy or copies of this instruction 3, in escrow, signed by all the parties your escrow shall be deemed amended as follows: 4. 5. _ 6. 7. Seller herein authorizes escrow hcl.".er to transf-7r all thei^ ceeds of this sale to their credit as buyer in Land Title Escrow No. 57489-S. 9. ,0. it Escrow holder is further authorized to charge the account of the City of National 12. City for all charges of seller herein as buyer in Escrow No. 57489-S and shall 13. deposit funds for same which escrow holder is instructed to transfer to Escrow No. 14. 57489-3. 15. 16. 17. ALL OTHER TERMS AND CONDITIONS OF THIS TRANSACTION TO REMAIN THE SAME. 18. 19. 21.�,/f�i��`44GTI CITY OF NATIOPh�1 CITY 2a ` ;ohn1 .i. k�eppTu ,,,,:: 23. 24. 25. a. 1 �yTll ''Js'� BY: 26. dulie✓A. Peppmuiler ` 1 27. Buyer 28. Sellers 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71. (Page ) E-101