Resolution 399
RE.S OLUT ION NO. 399
BE IT RES 0 LVFD :
That the City of Gilroy shall, and does hereby, exercise
the option heretofore given to the City of Gilroy by the
Gilroy School District of Santa Clara County, state of
Californa, to purchase for the sum of $2,100.00 per acre,
in cash, the following described real property located in
the County of 3anta Clara, State of California, to-wit:
Being a portion of Las Animas Ranchlot 23 as
shown on Map No. 7 accompanying the final report
of the Referees in the Las Animas Rancho Partition
Suit, Action No. 5536 had in the SUperior Court of
the state of California, in and for the County of
Santa Cl~ra, and being also a portion of Lot 8 as
shown on map entitled ItMap of Henry Miller's
Subdi vision of Las Animas Ranchlot No. 23", which
map is recorded in Book "Hu of Maps at page 5,
records of Santa Clara County, Salifornia, and being
more particularly described as follows;
Beginning ata concrete monument set to replace
the original 4" x 4" stake S21'1 as shown on said
Map No. 7 at the corner common to Ranchlots 23 and
24 in the southerly line of Ranch Lot 25, and
running thence along the southwesterly line of
Ranchlot 24 S.22 dego 15' E. 224.42 feet; thence
s. 89010"(0 461049 feet to a point in the centerline
of Wren Avenue (shown as Avenue H on said Henry Miller
Subdivision); thence along the centerline of Wren
Avenue N. 0 <42 'E. 209000 feet to an iron pipe at
the intersection thereof with the southerly line of
Ranchlot 25; thence along the southerly line of
Ranchlot 25 N. 890l0'Eo 373.35 feet to the point
of be ginning, and
CONTAI NING TffEREIN 2.00 acres of land, grosso
and that written notice of the election to exercise said
option shall be given to the Gilroy School District of Santa
Clara County in accordance with the terms of the option, and
that said notice be executed on behalf of the City of Gilroy
by the Mayor.
BE IL' FURTHER RESOLVED:
That the purchase price of $2,100.00 per acre or the total
sum of $4,200000, shall be forthwith deposited in escrow
with the San Jose Abstract & Title Company, San Jose,
California, with instructions to pay the same to the said
Gilroy School District of Santa Clara County upon the
execution and delivery of a good and sufficient deed conveying
a good and merchantable title to the said premises to the
said City of Gilroy, and the furnishing of a title insurance
policy showing the condition of the title to be free and clear
of encumbrances, liens, and claimso