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CC RESOLUTION 74244t" � RESOLUTION 140. 742 RESOLUTION OF THE CITY COJ'siCIL OF THE CITY OF EL SEGU =1DO, CALIFORIIIA, ACCEITING THE CAST: BID OF WILLIAM A. RRI1,121, FOR CERTAIN CITY OWNED REAL vROeFRTY0 AITD REJECTING ALL OMER BIDS. WHEREAS, the City of E1 Segundo, California, has hereto- fore 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 W"HEREAS, 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 desi ,3nated as "Notice No. Five of Intention to Sell City of E1 Segundo Owned Real rroperty, and Inviting Bids or Offers Therefor. ", and which said notice was duly published in the E1 Segundo Herald in the issues of march 23rd, IArch 30th, and April 6th, 1944; AND WHEREAS, responsive to said notice the bid hereinafter described was filed, and has been duly considered by this Council; AND, WHEREAS, this Council has reached a decision with reference to the sale of said property; NOVI, THEREFORE, BE IT RESOLVED BX THE CITY COUNCIL OF T- F, CITY OF EL SEGUNDO, 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, to wit: Lot 14, Block 19, in El Segundo Tract, as per map recorded in Book 18, Page 69 of Yaps, Records of Los Angeles County. Second: That the bid of William A. Krimmel and Glaydis E. Krimmel, husband and wife, as joint tenants, herein- after called the purchaser, to purchase said property by quit- claim deed from the City of E1 Segundo for the sum of 4$500.000 cash, receipt of which is hereby acknowledged, be and the same is hereby accepted. -1- 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 terms and conditions of said "Notice No. Five of Intention to Sell City of El Segundo Corned Real Property, and Inviting Bids or Offers Therefor." Fourth: That the Piayor 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 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 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 "lvotice No. Five 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. Sixth: 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 proceeding,s 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 15th day of November, 1944. mayor wP e y of El Segundo, ATT ST; California. i� �le �f Z z y -2- 4136 STATE OF CALI 0RNIA ) SS CCUI,i7 OF LOS ANGELES ) CITY OF EL SEGUB-DO ) I, VICTOR D. YC CARTFY, City Clerk of the City of E1 Segundo, hereby certify that the foregoing, resolution was adopted by the Council of the City of E1 Segundo, signed by the 1,.ayor and attested by the City Clerk at a regular meeting thereof held on the 15th day of November, 1944. That said resolution was adopted by the following vote: AYES: Councilmen: Hesser, Peterson, 9kelley and Mayor Love. NOES: Councilmen: None. ABSENT: Councilmen: Selby. El Segundo, California. (SEAL) -3-