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R 76RESOLUTION ~ ~/ 6 On motion of Counc Seconded by Councilman following resolution is adopted on the following vote: Ayes: YR'~J ~~.~~"`" ' -~ Absent: ~~`""~""~~ 'uvHEREA5, ,the City of Arroyo Grande is the legal owner of the following described real property situated in said City of Arroyo Grande, County of San Luis Obispo, State of California, to wit: Commencing at a point on the Southeasterly boundary line of Lot 87 as laid do*rrzi and delineated on James T. Stratton~s lt4ap of the Ranchos Corral de Piedra, Pismo and Bolsa de Chemisal, made b~ Steele Brothers in 1873, said point bear- ing North 56 3/4 East 358 ft. distant from stake 5. 420 standing at the most Southerly corner of Lot 87, as delineated on Stratton~s Riap; running thence North 33° 10~ Piest 96 ft.; thence 'South 56 3/4° Vlest 65 ft. thence South 33° 10~ East 96 feet; thence along the Southeasterly boundary line of said Lot 87,iQorth 56 3/4° East 65 feet to the place of beginning, said Lot being a part of said Lot 87 and also all the interest in andf~to a certain right of xiay designated in the deed from Jessie,Gasteel to one Joseph Barnoldo Silva dated January 22nd. 1890 and recorded in the Recorder's Office at San Luis Obispo County in Liber 7 of Deeds, at page 361. R'HEREAS, it is to the benefit of the City of Arroyo Grande that said real property be sold. u"•!HEREAS, this City Council has received a bid in the sum of Two Hundred Fifty Dollars (`250.00) from H. F. Phoenix, for the sale of said real property. 4`+HEREAS, this Council deems said sumt~ of "250.00 to be a reasonable and adequate price for the sale of said property. /1 eso/vf ors Na ~ 76 PiHEREFORE, it is duly resolved that the 147ayor of this City be, and he is hereby, authorized to execute a grant deed of said property to the said H. F. Phoenix upon the payment of said sum of °;250.00 by the said H. E. Phoenix to the Treasurer of the City of Arroyo Grande, said deed to be in the ~rords and figures, to wit: TIiIS IiJDEPdTURE, made the / g ~ day of August, 1937, between the City of Arroyo Grande, a municipal corporatioxx of the State of California, party of the first part, and H. E. ?hoenix, party of the second part, WITNESSETH: That the said party of the first part, in consideration of the sum of Two Hundred Fifty and OO/100 Dollars, lawful money of the United States of Arnerica, to it in hand paid bV the said party of the second part, the receipt whereof is hereby acknowledged, does by these presents grant, bargain, and sell unto the said party of the second part, and to his heirs and assigns forever, all that cer•tairx lot, piece or parcel of land situate in the County of San Luis Obispo, State of California, and bounded and described as follows, to wit: Commencing at a point on the Southeasterly boundary line of Lotl87 as laid down and delineated on James T. Stratton+s Map of the Ranchos Corral de ?iedra, Pismo and Bolsa de Chemisal made by Steele Brothers in 1873, said point bear- ing North 56 3/4° East 358 ft. distant from Stake S. l~20 standing at the most Southerly corner of Lot 87, as delineated on Stratton+s Pdap; running thence North 33° 10+ ~".rest 96 ft.; thence South 56 3/4° West 65 ft. thence South 33° 10+ East 96 feet; thence along the Southeasterly boundary line of said L'ot 87 IQorth 56 3/4° East 65 feet to the place of beginning, said Lot being a part of said Lot 87 and also all the 'interest in and to a certain right of wa~> designated in the deed from Jessie Casteel to one Joseph Barnoldo Silva dated January 22nd. 1890 and recorded in the Recorder+s Office at San Luis Obispo County in Liber 7 of Deeds, at page 361. ~~eso/vfioh ll~0.7~ TOGEi'HrR with the tenements, hereditaments, and appurtenances thereunto belonging or appertaining, and the reversion and reversions, remainder and remainders, rents, issues, and profits thereof. TO kIAVE AIVD TO HOLD the said premises, together with the appurtenances, unto the said party of the second part, and to his heirs and assigns forever. IN V~ITNESS FdHF,HEOF, the said City of Arroyo Grande by the N1a~~or thereof duly authorized thereunto by the City Council of said city, has caused its corporate name to be hereunto subscribed and the seal of the said City of Arroyo Grande to be hereunto affixed this 1 g ~ day of August, 1937. CITY OP 1;HROYU uri[::JDE ,~ ~ J j' C,~~~__ _ _.~ -- ___/ t!~ayo Attest: ~• ~• ~, City Clerk.