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CC RESOLUTION 653RESOLUTION N0. 653. RESOLUTION OF THE CI'T'Y COUNCIL OF THE CITY OF EL SEGUIMO, CALIFORieIA, ACCLFPIk,,G 1'hE CASK tslD OF UIVIOI% DEVELOPMENT CO_aIPAZY, In C., A CORPORATIO,u, FOR CERTAIN CITY 01. "ri,ED PROPhR'T'IES. , to REAS, the City of Ll Segundo, California, has heretofore instituted and is now prosecuting a general comarehensive program for the restoration of tax deeded properties within said City to a tax paying basis; AND nTUEREAS, pursuant to said procedure as so established, said Council has caused to be given and published a notice of intention to sell the interest of said City in certain of such tax deeded parcels, which said notice is designated as "Notice ioo. One of Intention to Sell City of El Segundo owned Real Property, and Inviting Bids or Offers Therefor. ", and which said notice was duly published in the El Segundo Herald in the issues of August 27th, September 3rd and September 10th, 1942; AND Ia1MREAS, responsive to said notice the bid hereinafter specifically mentioned for the properties hereinafter described was filed, and has been duly considered by this Council; KID 19FEREAS, this Council has reached a decision with reference to the sale of said property; i\OW, ThEREFORE, nh IT RnSOLVED, by the City Council of the City of E1 Segundo, California, as follows: First_ That the particular properties which are the subject of this resolution and the sale therein contemplated, are located in the City of El Segundo, County of Los Angeles, State of California, and are described as follows, to -wit: Lots 35 and 36 in Block 59 of E1 Segundo, in the City of E1 Segundo, County of Los Angeles, State of California, as per map recorded in Book 20 Pages 22 and 23 of Maps, in the office of the County Recorder of said County. -1- Second: That the bid of Union Development Company, a corporation, dated the 9th day of March, 1943, to purchase said properties by quitclaim deed from the City of E1 Segundo for the following sums, to -wit: Lot 35 in Block 59, E1 Segundo Tract - $100.00; Lot 36 in Block 59, E1 3e,:undo Tract - 110.00; cash, be and the same is hereby accepted, and all other bids for said property, or any part thereof, are hereby rejected. Third: That the said acceptance of said bid and the sale herein made by virtue of this acceptance thereof are so accepted and made subject to the following conditions: 1. The terms and conditions of said "notice rjo. One of Intention to yell City of --1 Se,-,,undo Owned Real Property, and Inviting Bids or Offers Therefor. "; 2. That the full purchase price for said real property to be so conveyed, as above stated, is paid by said purchaser on or before the 10th day of April, 1943; 3. That unless said purchase price is so paid by said purchaser within nhe time hereinafter limited, then and in that event the said City at the option of the City Council thereof, shall be relieved of its obligation to convey hereunder, and any amount or amounts theretofore paid and deposited on said property shall be forfeited to said City as full and liauidated damages, and said City shall thereupon be free, without liability to said pur- chaser, to sell said property to any other iurchaser. Fifth: That the Mayor of the City of El Segundo is hereby authorized and instructed to execute, in the name of said City and on its behalf, a quitclaim deed of said real properties to said purchaser, and the City Clerk is hereby authorized and instructed to attest the same and affix the corporate seal of said City thereto, and to deliver said deed to said purchaser upon receipt by said City Clerk for said City of said full purchase price. -2- Sixth: That the bid of said purchaser, hereinabove referred to be placed on file in the office of the City Clerk of said City, and the said bid and said "notice No. One of Intention to Sell City of El Segundo Owned Real Property, and Inviting Bids or Offers Therefor. ", are hereby referred to and by this reference expressly incorporated herein and made a part hereof. Seventh: That the City Clerk shall certify to the passage and adoption of this resolution; shall cause the original of the same to be entered in the book of resolutions of said City of E1 Segundo, and shall make a minute of the passage and adoption thereof in the records of the proceedings of the City Council of said City, in the minutes of the meeting at which the same is passed and adopted. Passed, approved and adopted this 10th day of March, 1943• ATTEST: e saty or California -3- STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF EL SEGUNDO ) I, 'Victor D. McCarthy, City Clerk of the City of E1 Segundo, California, do hereby certify that the whole number of members of the City Council of the said City is five; that the foregoing resolution, being Resolution No. 683, was passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the 10th day of March, A. D. 1943, and that the same was so passed and adopted by the following vote: AYES: Councilmen Peterson, Selby and Mayor Love; NOES: Councilmen None; ABSENT: Councilmen Gerow and Hesser.