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CC RESOLUTION 788RESOLLTION NO. 788 RESOLLTION OF TILE CITY COUKCIL OF TI=E CITY OF EL SEGLi`DO, CALIFORNIA, ACCEPTING TaE CAST. BID OF WESLEY T'. AT;DERSON AS AGENT FOR i,ERY W. MAYO, FOR CERTAIN CITY OIJIED REAL PROPERTY. IV RREAS, the City of El Segundo, California, has heretofore 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 WHEREAS, 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 of of Intention to Sell City of E1 oegundo Owned Real Property and Inviting Bids or Offers Therefor.", and which said notice was published in the EJ Segundo Herald in the issues of May 10, 17th and 24th, 1945; and 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; and WHEREAS, this Council has reached a decision with reference to the sale of said property; NOW, THEPEFORE, BE IT RESOLVED BY TIE CITY COUTdCIL OF THE CITY OF EL SEGU,`DO, as follows: First: That the particular property which is the subject of this resolution and the sale tnerein contemplated, is located in the City of E1 Segundo, County of Los Angeles, State of California, and is described as follows, to wit: Lot 17, Block 66, El Segundo Tract, as per Map recorded in Book 22, Pages 54 -55 of Maps, Records of Los AnL,eles 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 X205.00 cash for said property. Third: That the bid of Wesley T. Anderson as agent for Okley C. and Mary W. Mayo, husband and wife, as joint tenants, hereinafter called the purchasers, to purchase by good and sufficient 1. deed with policy of title insurance from said City for the sun of $$205.00 cash, to be paid at the time of delivery of such deed, witn real estate commission in the sum of 5% of the sale s price, payable to Wesley T. Anderson, agent, be and the same is hereby accepted and all ot-iar bids on said property, or any part tnereof, 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. Six M 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 quitclai.rr- 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 tnereto, 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. Six M 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 El 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 19th day of December, 1945. Mayor of the City of Segundo, California. STATE OF CALIFORNIA ) COUTITY OF' LOS AT,GELES ) as. CITY OF EL SEGUNDO } I, VICTOR D. MCCARTHY, City Clerk of the City of El Segundo, hereby certify that the foregoing resolution was adopted by the Council of the City of E1 Segundo, signed by the Mayor and attested by the City Clerk at a regular meeting thereof held on the 19th day of December, 1945. That said resolution was adopted by tae following vote: AYES: Councilmen - Hesser, Peterson, Skelley and Mayor Selby; NOES: Councilmen - None ABSENT: Councilmen - Thompson. (SEAL) 3.