CC RESOLUTION 682RESOLU`i'IUN 1,iO. 662.
RESOLUTIO14 OF Thh CITY CCUNCIL, CITY OF EL SEGUIVLO,
CALIFORNIA, ACCLPTING Ted CASH BID OF ELLEN M. bROIVN
FOR CERTAIN CITY OdiaD L-ROPERTY.
WHEREAS, the City of E1 Segundo, California, has heretofore
instituted and is now prosecuting a general comprehensive program
for the restoration of tax deeded properties within said City to
a tax paying basis;
AND VJHzFdEAS, said Council has, pursuant to said procedure
as so established, 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
No. 3 M 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 E1 Segundo Herald in the issues of May 20th,
May 27th and June 3rd, 1943;
AND 7H.&REAS, responsive to said notice the bid herein-
after specifically mentioned for the property hereinafter des-
cribed was filed, and has been duly considered by this Council;
AY.D WIFE;Ri:AS, this Council has reached a decision with
reference to the sale of said property;
11OW0 THEREFORE, BE IT RESOLVED, by the City bouncil of the
City of El Segundo, California, as follows:
First: That the particular property which is the subject
of this resolution and the sale therein contemplated, is located
in the City of El Segundo, County of Los Angeles, State of
California, and is described as follows, co -wit:
Lot 12 in Block 43 of E1 Segundo, in the Clty of
E1 Segundo, County of Los Angeles, State of California,
as per map recorded in book 20, Pages 22 and 23 of Yaps,
in the office of the County Recorder of said County.
Second: That in the opinion of said City Council said
property is not of a value great enough that it can be sold for a
sum equal to the aggregate of all assessment liens levied upon said
property, together with all costs paid or incurred for acquiring
title thereto.
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Third: That it would be for the best interest of said
City to accept the bid hereinafter specifically referred to in
the sum of I, ?156.00 for said property.
Fourths That the bid of LLLE14 M. SROMI , a married tivoman,
hereinafter called the purchaser, dated the 7th day of September,
1913, to purchase said property by a good and sufficient deed with
policy of title insurance from said city for the sum of X156.00, to
be paid at the time of delivery of such deed, be and the same is
hereby accepted, and all other bids on said property, or any part
thereof, are hereby rejected.
Fifth: 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 No. Three
M of Intention to Sell City of E1 Segundo 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 7th day of November, 193; and
3. That unless said purchase price is so paid by
said purchaser within the tir.-e hereinabove lir_ted, 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 liquidated damages, and
said City shall thereupon be free, without liability to said pur-
chaser, to sell said property to any other purchaser.
Sixth: That the Mayor of the City of E1 Segundo is hereby
authorized and instructed to execute, in the name of said City and
on its behalf, a quitclaim deed of said real property to said pur-
chaser, in form approved by the City 1ttorney or Snecial City Attorney,
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 together with policy of title insurance to said purchaser
upon receipt by said City Clerk for said City of said full purchase
price.
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Seventh: 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. Three M of
Intention to Sell City of E1 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.
Light h_: 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 said
City Council of said City, in the minutes of the meeting at which
the same is passed and adopted.
Passed, approved and adopted, this 15th day of September,
1943•
.rte �n -,�•c
Mayor of t M Ulry of El Segundo,
California
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STATE OF CALIFORNIA )
7
COUNTY OF LOS ANGELES ) SS.
CITY OF EL SEGO, *NDO
1, victor D. McCarthy, City Clerk of the City of
El 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.
682, Was duly Passed and adopted by the said City Council,
approved and signed by the Aayor of said City and att -sted
by the City Clerk of said City, all at a regular re,ting of
the said Council held on the 15th day of Sent�nber, A. D.,
1943, and that the same was so nassed and adopted by the
folly7lor vote:
AYES: Councilmen Hesser, Peterson, Selby, Skelley and
rayon Love;
NOES: Councilmen None;
ABSENT: Councilmen None.
City Clerk of the City 1
Segundo, California.