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CC RESOLUTION 758- it l RESOLUTION NO. 758 RESOLUTION OF TI'E CITY COUNCIL OF TITE CI`CY OF EL SEC'INDO, CALIFCItdIA, ACCEPTING TEE CASH BID OF FIRS. CLINT ROWE FOR CERTAIN CITY OWNED RLAL PROPERTY. VVHEREA5, the City of E1 Segundo, California, has heretofore instituted and is now prosecuting a general comprehensive program for the restoration of tax deeded properties within said Cit; to a tax paying basis; ADD, WIEREAS, 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 NO. Six II', of Intentio.. to Sell City of El Segundo Owned Real Property and Invitin4 Bids or Offers Therefor. ", and which said notice was published in the E1 Segundo Eerald in the issues of May 10th, May 17th, and May 24th, 1945; AIM, Wh EREAS, responsive to said notice the bid hereinafter specifically mentioned for the property hereinafter described was filed, and has been duly considered by this Council; AND, WEEREAS, this Council has reached a decision with reference to the sale of said property; NOW, I`IIEREFORE, BE IT RESCLVED BY THE CITY MRICIL OF TEE 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 E1 Segundo, County of Los Angeles, State of California, and is described as follows, to wit; Lot 1, Block 16, El Segundo Tract, as per Book 16, Page 69 of Nlaps, 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 $350.00, cash, for said property. 1. 1-4)wv- Third: That the bid of Clint Rowe and Paulette Rowe, husband and wife, as joint tenants, hereinafter called the purchasers, to purchase by good and sufficient deed with policy of title insurance from said City for the sum of x$350.000 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 rercin made by virtue of this acceptance thereof are so accepted and made subject to the terms and conditions of said "Notice No. Six fli of Intention to Sell City of El Segundo Owned Real Property and Inviting Lids or Offers 'Therefor. "; Fifth- That the Mayor of the City of El 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, together with policy of title insurance to said purchaser up-,n 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. Six M of Intention to Sell City of E1 Segundo Owned Real Property, and lnviting Bids or Offers Therefor," are hereb,, 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 orijinal 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 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 6th day of June, 1945. STAVE OF CALIFORNIA ) COUNTY OF LOS ANGEEIS ) SS CITY OF EL SEGUNDO ) �i Yiayor of'the City Segundo, California. I, VICTOR D. I; ?cCARTIIY, City Clerk of the City of E1 Segundo, 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 601 day of Junq., 1945. That said resolution was adopted by the following vote: AYES: Councilmen; Hesser, Peterson, Skelley and Mayor Selby. ITOES: Councilmen: None. ABSR T: Councilmen: Thompi (SEAL) 3.