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CC RESOLUTION 719RESOLUTION 40. 719 RESOLUTION OF THE CITY COUNCIL OF THli CITY OF r.L S,GMI DO, CALIFORNIA, ACCEP`1IiiG Phi CASH bID OF R06ERT F. FALCOwER, FOR CE.RTAIIe CITY OKNED REAL PROPERTIx,S. 11:YEREAS, the City of zl Segundo, California has hereto- fore instituted and is now prosecuting a general comprehensive pro- gram for the restoration of tax deeded properties within said City to a tax paying basis; AIdD MIMREAS, pursuant to said procedure as so established, said Council has caused to be given and published a notice of inten- tion to sell the interest of said City in certain of such tax deeded parcels, which said notice is designated as "Notice No. 4M of Inten- tention to Sell City of E1 Segundo Owned Real Property and Inviting Bid: or Offers Therefor ", and which said notice was published in the El Segundo herald in the issues of March 23rd, March 30th and April 6th, 1944; AI%D -uZEREAS, responsive to said notice the bid hereinafter specifically mentioned for the property hereinafter described was filed, and has been duly considered by this Council; AI;D 5'VIZ�..REAS, this Council has reached a decision with reference to the sale of said property; NOW, THIREFORE, BE IT RESOLVED BY 'IHLn CITY COU_iCIL OF THE CITY OF EL SEGUI�DO, 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 E1 Segundo, County of Los Angeles, State of California and are described, as follows: Lots 1, 2, 3 and 4 in Tract 10076, in the City of E1 Segundo, County of Los Angeles, ,State of California as per map recorded in Book 146, Page 21 of ivfaps, Records of Los Angeles County. Second: That it would be for the best interest of said City to accept the bid hereinafter specifically referred to in the sum of X1050.00, as follows: .1. Lot 1 in Tract 10076 Lot 2 in Tract 10076 Lot 3 in Tract 10076 Lot 4 in Tract 10076 cash for said property. $300.00 250.00 250.00 - - 250.00; Third: That the bid of Robert F. Falconer and Louise H. Falconer, husband and wife, as joint tenants, to purchase by good and sufficient deed with policy of title insurance from said City for the sum of 4P105O.00 cash, 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. Fourth: 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 terms and conditions of said "Notice No. 14M of Intention to Sell City of E1 Segundo Owned Real Property and Inviting Bids or Offers Therefor "; Fifth: 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- chasers, in form approved by the City Attorney or Special City Attorney, and the City Clerk is hereby authorized and instructed to atteat the same and affix the corporate seal of said City thereto, and to deliver said deed, together with policy of title insurance to said purchasers upon receipt by said City Clerk for said City of said full purchase price. Sixth: That the bid of said purchasers, above referred to, be placed on file in the office of the City Clerk of said City, and the said bid and said "Notice No. 14M 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. Seventh: That the City Clerk shall certify toihe 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 -2- 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 3rd day of May, 1944. may of th it Y rof B1 e L alifornia. ST: STATh OF CALIFORNIA COUNTY OF LOS ANG.r,LES 1 ss. ) CITY OF EL Sh,GUNDO ) I, VICTOR D. MCCARThY, City Clerk of the City of E1 3egundo, hereby certify that the foregoing resolution was adopted by the Council of the City of El Segundo, signed by the Mayor and attested by the City Clerk at a regular meeting thereof held on the 3rd day of May, 1944- That said resolution was adopted by the following vote, to -wit: AYhS: Councilmen Hesser, Peterson, Selby and Mayor Love. hOLS: Councilmen None ABSENT: Councilmen Skelley. .3.