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HomeMy WebLinkAboutCC RESO 8524RESOLUTION NO. 854 RESOLUTION AUTHORIZING MAYOR TO EXECUTE AN AGREEMENT FOR SALE OF VACANT SCHOOL BUILDING BE IT RESOLVED by the City Council of the City of National City that the Mayor of National City be and is hereby authorized to execute an agreement with F. E. MC CORM!CK for the sale of that certain building located at 211 W. 29th Street in the City of National City. PASSED AND ADOPTED this 10th day of December, 1963. ATTEST: - , CITY CLERK AGREEMENT For and in consideration of the sum of One Dollar (51.00; paid to the City of National City, a Municipal Corpora- tion, receipt of which is hereby acknowledged, City of National City hereby sells to F. E. MC CORMICK, hereinafter referred to as Buyer, as personal property, that certain building located at 211 W. 29th Street in the City of National City, and commonly referred to as the Nursery School. This sale is made upon the following express terms and conditions which buyer agrees faithfully to perform: 1. Buyer agrees to disassemble all of said building and to remove the salvage resultant therefrom, and to clear the area of all salvage except concrete slab. 2. Buyer agrees to begin such performance on or before rive (5) days from the date of signing the contract agree- ment by both parties, and to complete said performance, including demolition, removal and clearing by the 90th day after such agreed beginning date, unless the completion date is extended by written agreement of the parties hereto. 3. No burning shall be permitted on site. 4. All materials resulting from the disassembling of said building which buyer is obligated hereunder to remove or clear from the site, but which materials buyer does not desire to keep, shall at buyer's sole cost and expense be removed to an area to be designated by the Housing Director of the City of National City. 5. Buyer shall post with the City Clerk a surety bond in a form satisfactory to the City of National City in the sum of $1,000.00 posted by a corporation authorized to do business in the State of California to guarantee the faithful performance of the covenants and conditions made on the part of buyer pursuant to the terms and conditions of this agreement. Buyer shall have nc right to begin performance hereunder until such bond is posted; however, a delay in the posting of such bond shall in no way extend the final completion date hereunder. 6. Buyer agrees that he shall hold the City of National City, its officers and agents and employees free and harmless to the full extent of any liability which may result to them as a consequence of buyer's acts or omissions in perform- ing the demolition, removal and clearing hereunder. Buyer shall furnish to the City Clerk prior to beginning performance under this contract, certificates of insurance evidencing that buyer has pubic liability insurance of at least S100,000.00 per per- son and 300,000.00 per occurance, and property damage of not less than )25,000.00, such certificates also showing City of National City as co-insured. 7. It is mutually agreed that time is of the essence of this agreement. DATED this ,<r f, day of, <_. , 1963. ATTEST: IRENE A. STRATTON City Clerk CITY OF NATIONAL CITY BY 21 CHARD E. GA'UTEREAUX 2 Mayor F. E. MC CORMICK