HomeMy WebLinkAboutCC RESO 8017RESOLUTION NO. 8017
RESOLUTION AUTHORIZING FULL RECONVEYANCE
The City Council of the City of National City does hereby
resolve as follows:
Tha'.; the Mayor and the City Clerk and Bank of America
National Trust and Savings Association, as trustee under that
certain deed of trust recorded March 30, 1959 in book 7574 at
page 190 of Official Records, in the office of the San Diego
County Recorder, be and hereby are authorized to execute any and
all documents necessary to effect a full reconveyance to National
City Development Company et. al. of all that real property subject
to said deed of trust.
That the authorization to execute said reconveyance is made
upon the express condition that said reconveyance shall not be
recorded until there has been paid to the City of National City the
entire baance due for which said deed of trust was given as security,
and the C€ty Manager of the City of National City has agreed that
the amount: so paid constitutes the full balance due on said deed of
trust.
PASSED AND ADOPTED this 3lst day of October, 1961.
MAYOR
1
ATTEST:/
CITY CLERK