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CC RESOLUTION 755�b RESOL;`P] 0_a h0. 755 RLSOLU�S L� OF ,T .y' CITY CGuPiCIL OF TFE CITY Or' EL SEG011)C, CALIZO �1iIA, ACCEkTI11G TFE CAST` ,3ID OF J. E. GENTRY r OR CERTAI_d CITY OWYdD R?A7. 1ROPER`L'Y. :,Vh ,EREAS, the City of El Segundo, California, has heretofore instituted and is now prosecutinS, a U-eneral comprehensive prosram for the restoration of tax deeded orooerties within said City to a tax paying basis; AiTD, `! EREAS, pursuant to said procedure as so established, said Council has caused to be £Jven 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 "1' +otice loo. 41.1 of Intention to Sell City of E1 Segundo Owned Heal Property and InvitinC Lids or Offers Therefor. ", and which said notice was published in the El Segundo herald in the issaes of Tarch 23rd, Larch 30th and April 6th, 1944; ATID, WI-TEREAS, 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, 1THET�AS, this Council has reached a decision witn reference to the sale of said property; ivCP.', `i'_E1ffFORc:, BE IT Fi`_7SOLVED by TLE CITY COI-7dCIL OF THE CITY OF EL SEGiTS`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 El Segundo, County of Los Angeles, State of California, and is described as follows, to wit: The S 40 ft of Lot 5, Block 104, in El Segundo Tract, as per cook 20, pales 22 -23 of leaps, 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 tip310.00, cash, for said property. Third: That the bid of John Elbrid-e Gentry, hereinafter called the purchaser, to purchase by -cood and sufficient deed with 1. I policy of title insurance from said City for the sum of X310.00.. Gash, 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 nade by virtue of this acceptance thereof are so accepted and made subject to the terms and conditions of said "Idotice No. 4I: of Intention to Sell City of El be3undo Owned Real Property and Inviting Bids or Offers Therefor. "; Fifth: That the i,ayor 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 , in form approved by the City Attorney or Special City Attorney, and the City Clerk is hereb;r authorized and instructed to attest the same and affix the corporate seal of said City thereto, and to deliver said deed, together %,ith policy of title insurance to said purchaser upon receipt by said City Clerk for said City of said full purchase price. Sixth: That the bid of said purchaser, above referred to, be placed on file in the office of the CitsT Clerk of said City, and the said bid and said "Notice No. 4IY1 of Intention to Sell City of E1 Se.-undo Owned meal rroperty, 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 oriiyinal of the same to be entered in the book of resolutions of said City of E1 Segundo, and shall make a minute of the passa_;e 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. 2. Passed, approved and adopted, this 2nd day of T:ay, 1945. I Iayor r" of the City of EY SeT -undo, California. STATE OF CALIFORNIA ) COUiCTY OF LOS AITGEL1:S ) SS CITY OF EL SEG'JITDO ) I, VIC`wOR R. LIaCA:THY, City Clerk of the City of El Sel-undo, hereb, certify that the foregoing resolution was adopted bj the Council of tie City of El Segundo, si;ned by the Mayor and attested by the City Clerk at a regular meeting thereof held on the 2nd day of Lay, 1945. That said resolution was adopted by the follow_ng vote: A=S: Councilmen: Peterson, Skelley, Thomnson qnd Vayor SPIV. i;CES: Councilmen: None. AuSEI;T: Councilmen: Hessen. 0 amity Meru or the (; California. (SEAL) 3. o,