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CC RESOLUTION 696RESOLUTION 0.�6 RESOLU1T1I01J OF THL CITY COUNCIL Jr THE CITY OF EL S�Gbi�DO, CALI- 50-L,1A, ACCz✓ 21ZG j'ii: CA-�ti b1D OF ELIZABETH MCLAUGHLIIV, A �IDOWI FOR Ci.RTAIN CITY OvIvED REAL PROPERTY. Whr,R.v,AS, the City of El 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 ViHEREAS, 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 ivo. Two of Intention to Sell City of E1 Segundo Owned Real Property, and Inviting Bids or Offers Therefor. ", and which said notice was duly published in the E1 Segundo Herald in the ism es of October 22nd, October 29th and November 5th, 1942; Ai,D fflEEREAS, responsive to said notice the bid hereinafter described was filed, and has been duly considered by this Council; AND, rF:EREAS, this Council has reached a decision with reference to the sale of said property; i;01,7, 1HLRLFORE, Bz IT RESOLVED, by the City Council 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 E1 Segundo, County of Los Angeles, State of California, and is described as follows, to -wit: Lot 15 in Block 26 of E1 Segundo, in the City of E1 Segundo, County of Los Angeles, State of California, as per map recorded in Hook 19, Page 69 of Maps, Records of Los Angeles County. Second: That the bid of Elizabeth McLaughlin, a widow, herein- after called the purchaser, dated the day of December, 1913, to purchase said property by quitclaim deed from the City of E1 Segundo for the sum of 0150.00, cash, be and the same is hereby -1- accepted and all other bids for said property, or any part thereof, are hereb;- rejected. Third: That the said acceptance of said bid and une 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 ",otice _ +o. Two of i=ntention to Sell City of El Segundo Owned Real Property, and Inviting bids or Offers 'therefor. "; 2. That the full purchase price of said real property to be so conveyed, as above stated, is paid by said purchaser on or before the 15th day of Pebruary, 1 -43; 3. That unless said purchase price is so paid by said purchaser within the time nereinabove limited, then and in that event the said City at the option of the City Council thereof, shall be relieved of the 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 oe free, without liability to said pur- chaser, to sell said property to any other purchaser. Fourth: That the ,d.ayor of the City of El Segundo is hereb;,7 authorized and instructed to execute, in the name of said City and on its behalf, a quitclaim deed of said real property to said purcnaser, 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 Clerk for said City of said full purchase price. Fifth: That the bid of said purchaser, hereinabove referred to be placed on file in the office of the City Clerk of said City, and said bid and said °,otice :do. Two of Intention to Sell City of E1 Segundo Owned steal Property, and Inviting Bids or Offers Therefor. ", are hereby referred to and by this reference expressly incorporated herein and made a party hereof. -2- Sixth: Ti -at the City Clerk Chall certify to �,he passage ana aoortion of t�,is resolution; shall cause the original of the sane to oe entered in the book of resolutions of saia C;ty of 1,i oe,�undo, 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 uhe meeting at which the same is passed and adopted. Passed, approved and adooted this 15th day of December, 1943- Mayo the ity o l Segundo, alifornia. ATTEST: 6 City Clerk, 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. 696, was dully 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 15th day of December, A. D., 1943, and that the same was so passed and adopted by the following vote: AYES: Councilmen Hesser, Peterson, Selby, Skelley and Mayor Love. NOES: Councilmen None. ABSENT: Councilmen None. v , City Clerk of the City of E1 S gundo, (SEAL) California. -3-