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CC - 2010-27 - Authorizing the City Manager and City Clerk to Execute a Quitclaim Deed Terminating any Interest in a Portion of Denton Avenue Between Garvey and Virginia Streety RESOLUTION NO. 2010- 27 AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE A QUITCLAIM DEED TERMINATING ANY INTEREST THE CITY OF ROSEMEAD MAY HAVE IN A PORTION OF DENTON AVENUE BETWEEN GARVEY AVENUE AND VIRGINIA STREET WHEREAS, the City Council of the City of Rosemead approved Resolution No. 2007-23, declaring its intention to vacate Denton Avenue between Garvey Avenue and Virginia Street and establishing the time and place for the public hearing on said vacation; and WHEREAS, the City Council of the City of Rosemead approved Resolution No. 2007-27, ordering the vacation of Denton Avenue between Garvey Avenue and Virginia Street; and WHEREAS, Manheim Investments, Inc. conducted a preliminary title report during the sale of real property that indicated an 800 square foot portion of Denton Avenue, on a portion of property identified as APN 6287-036-006 and fully described and defined in, Attachment "A" hereto (Parcel), is held in fee interest by the City of Rosemead; and WHEREAS, The City of Rosemead has no public purpose for the Parcel; and WHEREAS, an independent appraisal of the Parcel has been conducted that determined the value of such Parcel as nominal; and WHEREAS, a quitclaim deed is required to transfer any interest the City may have in said real property and the proceedings conformed with the requirements of Section 8300 to 8349 of the Streets and Highways Code. NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Rosemead as follows: Section 1. The City of Rosemead hereby directs and authorizes the City Manager and City Clerk to execute the quitclaim deed terminating any interest in the parcel attached hereto as Attachment B for those portions of the Parcel designated as being owned in fee by the City of Rosemead. Section 2. The City Engineer and/or his designee is hereby authorized to record the quitclaim deed for the Parcel in the Office of the Clerk/Recorder for the County of Los Angeles. Section 3. The City Clerk shall certify as to the adoption of this Resolution PASSED, APPROVED AND ADOPTED THIS 27 DAY OF rt l 2010. ATTEST: A\.) I c~ U WCU) oria Molleda, City Clerk APPROVED AS TO FORM:: Josep . Mont , City Attorney ary Ta , Mayor V I fLli i 1-J A v a 1 Giciya-E' 1 ATTACHMENT A elp 4 1 7 0 d~ o /A J 6 4 \ r- ~o s - S~ s J o Ilk -A'Pi., . (v'~S1- Dpi b - oo Co t~cvo-C~S t.o~D -fo nj~ GlT`~ o~ 12o5~MEAD A 06/10/10 AT 04:44PM FEES: TAXES: OTHER: PAID: ~u111611u~IIIN~IU~~IU~~YUM~MIIMII~llsllll~llllull LEADSHEET NIIIIIIIIIIIIIIIVIVR~IIIIIIIIIIIIIIflIIIIIIVII~~N~ 201006100040059 00002496634 I IIIIII VIII VIII VIII VIII VIII VIII VIII VIII IIII IIII 002725528 SEQ: 01 DAR - Counter (Hard Copy) (IIIIII IIII IIIIII IIII (IIII (IIII IIIIII IIII IIII (IIIIII IIII IIIIII IIII IIII IIIIII IIIIII (IIII IIII IIII IIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII - THIS FORM IS NOT TO BE DUPLICATED E)IIHS This page is part of your document - DO NOT DISCARD 20100798053 Recorded/Filed in Official Records Recorder's Office, Los Angeles County, California I Pages: 0006 0.00 0.00 0.00 0.00 RECORDING REQU WHEN RECORDED MAIL TO NAME MAILING ft3$ CITY, STATE ZIP CODE C R It 1~ 't o ROSEMEAD E16 2010 -20100798053- KFS OFFICE SPACE ABOVE THIS LINE RESERVED FOR RECORDER'S USE TITLE(S) Q---esA,,~\ in 2.,& to-2~ A This page is part of your document - DO NOT DISCARD ~,~y Of tOS ,~~c 20100798054 ~ , ~`N+ II III III II IIII IIIIII 1111111 II Recorded/Filed in Official Records t f Recorder's Office, Los Angeles County, t California 06/10110 AT 04:44PM FEES: TAXES: OTHER: PAID: IIIVIIiIIIIVII111IIIIIIIIIIIIIIIIIVIIIVIVIIIII11IIM1IVIIIIiYI LEADSHEET 111111111111111111111111111111111111111111111111111111111111111111111111 201006100040059 00002496635 I IIIIII VIII VIII VIII VIII VIII VIII VIII VIII IIII IIII 002725528 SEQ: 02 A DAR - Counter (Hard Copy) (IIIIII (IIII IIII IIIIII (IIII IIIiI IIII (IIII IIII IIIIII (IIII (IIII IIIIII III IIIIII (IIII IIIIII (IIII III IIII (IIII IIIIII IIIIII (IIII IIII IIII (IIIIII IIII IIIIII (IIII (IIII (IIII (IIII (IIII (IIII (IIII IIII (IIII IIII IIII THIS FORM IS NOT TO BE DUPLICATED A Pages: 0004 45.00 0.00 0.00 45.00 A VMS ,,,CORDING REQUESTED BY WHEN RECORDED MAIL TO NAME Gloria Molleda MAILING 8838 E. Vall /CITY, STATE Rosemead, ZIP CODE 91 770 020 RK'S OFFICE SPACE ABOVE THIS LINE RESERVED FOR RECORDER'S USE Quit Claim Deed Portion of Denton Avenue between Garvey and Virginia Street RECORDING REQUESTED BY 3 WHEN RECORDED MAIL TO AND MAIL TAX STATEMENTS TO NAME : Randall R. Smith ADDRESS: Six Concourse Parkway, Suite 1800 CITY: Atlanta STATE 8 ZIP; Georgia 30328 QUITCLAIM DEED THE UNDERSIGNED GRANTOR(S) DECLARE(s) /Z har..c Ca.~ l {1t DOCUMENTARY TRANSFER TAX is None - No Consideration Given CI TAX NA A.. A off, ~ ❑ computed on full value of property conveyed, or ❑ computed on full value less value of liens or ch~- Al~- encumbrances remaining at time of sale, ❑ Unincorporated area: XX❑ City of Rosemead, and FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, The City of Rosemead, a municipal corporation (the "Grantor") hereby remise, release and forever quitclaim to Manheim Investments, Inc. a Nevada corporation, successor by merger to California Auto Dealers Exchange, L.L.C., a Delaware limited liability company the following described real property in the County of Los Angeles, State of California: That portion of Lot 26 of Tract No. 4747, as per map recorded in Book 50, Page 52 of Maps, in the office of the County Recorder of said County, described as follows: Beginning at the Southwesterly corner of said lot; thence Easterly along the Southerly line of said lot to the Easterly line of the Westerly 4 feet of said lot; thence Northerly along said Easterly line to the beginning of a tangent curve concave Southeasterly and having a radius of 20 feet, said curve being tangent at its Easterly terminus with the Northerly line of said lot; thence Northeasterly along said curve to said Easterly terminus; thence Westerly, Southwesterly, and Southerly along the Northerly, Northwesterly and Westerly lines of said lot to the point of beginning. Together with that portion of Denton Avenue as shown on the map of said Tract No. 4747 which would pass with a conveyance of the foregoing described property and the remainder of Lot 26 of said Tract No. 4747. Dated ~4 f d State of California County of n 01 16 before me, "u o'I I fO V~(~ ~e m Qnse,nrt Name of Notaryl Public and Title) personally appeared e 7"~ ~ who proved to me on the basis of satisfactory evidence to be the persons'whose name(e' is/tee subscribed to the within instrument and acknowledged to me that he/&444 hey executed the same in his/He 44teir authorized capacity(ies , and that by his/-4erfHrastr signature(B) on are instrument the person(s)' or the entity upon behalf on which the.person(4 } acted, executed the instrument I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. GLORIA MOLLEOn COmmisabn /1792979 Notary PUNIC • Colltonfla Loa Angeles County A` Comm. Mr2 2012 Signatures (Seal) STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF ROSEMEAD ) I, Gloria Molleda, City Clerk of the City of Rosemead, do hereby certify that the foregoing Resolution No. 2010-27 being: AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE A QUITCLAIM DEED TERMINATING ANY INTEREST THE CITY OF ROSEMEAD MAY HAVE IN A PORTION OF DENTON AVENUE BETWEEN GARVEY AND VIRGINIA STREET. was duly and regularly approved and adopted by the Rosemead City Council on the 27TH of April, 2010, by the following vote to wit: Yes: Armenta, Clark, Low, Ly, Taylor No: None Abstain: None Absent: None 'A -cQ c \~`~L Gloria Molleda City Clerk