CC RESOLUTION 724F.ESOLUTION ITO. 724
RESCZjTI0W OF THE CITY COUNCIL OF THE CITY OF
EL SEGUITDO, CALIFORNIA, ACCE.= G TIM CASH
BID OF JOHN A. GERONI, FOR CERTAIII CITY OW TED
REAL PROPZRTY.
WEEi-hAS, the City of E1 Segundo, California, has hereto-
fore instituted and is now prosecuting a general comprehensive
program for the restoration of the tax deeded properties within
said City to a tax paying basis;
Aim WHEREAS, 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 desi .-nated as "P:otice No. 4L�
of Intention to Sell City of E1 Segundo Owned Real Property and
Inviting Rids or Offers Therefor. ", and which said notice was
published in the El Segundo Herald in the issues of Parch 23rd,
ILarch 30th and April 6th, 1944;
AID WHEREAS, 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 iVITEREAS, this Council has reached a decision with
reference to the sale of said property;
Ilow, TPEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF EL SEGUY-DO, 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:
East 44 feet of Lot 7 in Block IUO of El
Segundo, (except the North 40 feet and
except the South 136 feet), as per Book 20
Pages 22 and 23 of Kaps, 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 ,220.00, cash for said property.
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Third: That the bid of John A. Gerow and Carrie B.
Gerow, as joint tenants, to purchase by good and sufficient deed
for the sum of F�220.00 cash, to be paid at the time of delivery
of such deed, be and the same is hereby accepted,upon the condition
that the said above named bidders file their written statement
with the City Clerk that the City is not required to furnish
to said purchaser a policy of title insurance, and that the
acceptance of said offer of said purchaser by this Council shall
not become effective until said statement is so filed, 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 Pao. 4N:
of Intention to Sell City of E1 oegundo Owned Real Property
and Inviting Bids or Offers Therefor. ";
Fifth: That the kayor 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 purchasers, in form approved by the City Attorney or Special
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 to said purchasers upon
receipt by said City Clerk for said City of said full purchase price.
Sixth: That the bid of said purchasers, together with
said above mentioned statement that the City is not required
to furnish policy of title insurance, be placed on file in the
office of the City Clerk of said City, and the said bid, statement
and said "Notice 110. 4N: 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 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
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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.
rassed, approved and adopted, this 7th day of June, 1944.
Mayor of e C of- Ei--Mgundo,
Csi ifornia.
COUNTY OF LOS A'GELES ) ss
CITY OF EL SETMIDO )
I. VICTOR D. MCCARTPY, City Clerk of the City of
E1 Segundo, hereby certify that the foretoing resolution was
adopted by the Council of the City of El Segundo, signed by the
i,.ayor and attested by the City Clerk at a regular meeting thereof
held on the 7th day of June, 1944.
That said resolution was adopted by the following vote:
AYES: Councilmen: tiPsser, Peterson, Selby, ,'c Iiey en° i -oor Love.
LOES: Councilmen: -gone
ABSE-dT: Councilmen: tone
(SEAL)
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City Clerk of th16 ftty of E1VSegundo.