CC RESOLUTION 791RESOLUTIOY NO. 791
RESOLUTION OF T_?E CITY COUNCIL OF T'IE CITY OF EL
SEGUIDO, CALIFOR2dIA, ACCEP'T'ING TITE Tli,1E PAYI�-ENT
BID OF AIIT,IONY A. PUC'iRIK FOR CEH`l'AM,1 C;iTY UN1\12ll
REAL PROPERTY.
Tk EREAS, the City of E1 Segundo, California, has heretofore
instituted and is now prosecuting a general comprehensive
program for t'�e restoration of tax deeded properties within said
City to a tax paying; basis; and
-WfEREAS, pursuant to said procedure as so establisned
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. Five of Intention to Sell City of E1 Segundo Owned Real
Property and Inviting Bids or Offers Therefor. ", and which said
notice was duly published in the E1 Segundo Herald in the issues
of March 23rd, March 30th and April 6th, 1944; and
WPEREAS, 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;
NON, TiIERE10R`r:, BE IT RESOLVED, by the City Council of
the City of E1 Segundo, California, as follows:
First: That the particular propert -y 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:
S 921 of N 1871 (Ex of St) of Lot 4, Block
96, E1 Segundo Tract, as per Book 20, Pages
22 -23 of Maps, Records of Los Angeles County.
Second: That the bid of Anthony A. Puchrik, hereinafter
called the purchaser, to purchase said property by quitclaim deed
from the City of E1 Segundo for the sum of 0800.00, payable in
indtallments wit;:in the time and upon the terms and conditions
hereinafter stated, be and the same is hereby accepted and all
1.
`ter #_i
other bids on said property, or any part tnereof, are hereby
rejected.
Third: That the said acceptance of said bid and the sale
herein made by virtue of this acceptance thereof are so accepted
and made sLfoject to the following conditions:
1. The terms and conditions of said "P:otice No. Five
of Intention to Sell City of E1 Segundo Owned Real Froperty, and
Inviting Bids or Offers Therefor. ";
2. That the said purchase price for said real property
to be so conveyed as above stated is payable and shall be
paid as follows: $200.00 upon execution and delivery of the
contract of sale hereinafter referred to and the balance of
said purchase price, together with interest on the unpaid principal
amount at the rate of 7% per annum from date of said contract
of sale, principal and interest payable in installments as
follows; $54.60 or more, and interest on the unpaid principal
balance on the 7th day of February, 1046, and $54.54 or more,
and interest on tree unpaid principal balance on the 7tn day
of March, 1946, and on each and every month thereafter until
the 7th day of December, 1946, when the entire balance due on
the principal and interest becomes due and payable.
Fourth: That the purchaser, within ten days from and
after written notice of the acceptance of his bid hereby made,
together with notice that the said contract of sale has been
prepared and is ready to be executed, shall execute and deliver
the required contract of sale containing the provisions in
respect to payment as above set out, and containing the further
usual provisions included in the usual form of a_;rsement of
sale and purchase as printed by the title companies in Los Angeles
County, and approved by the City Attorney or Special City
Attorney, and that if such purchaser fails to do so, then and in
that event the said City, at the option of the City Council
thereof, shall be relieved of its obligation to enter into
said contract of sale and to convey hereunder, and tue amounts
theretofore paid or deposited on said property or with said
bid, shall be forfeited to said City as full and liquidated
2.
damaees and said City shall thereupon be free, without liability
to said successful bidder, to sell said property to any other
)urcnaser.
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 the said contract of sale in form
auproved as aforesaid, and the City Clerk is hereby authorized
and instructed to attest the same and affix the corporate
seal of said City triereto and to deliver said contract of sale
to said purchaser upon receipt by said Clerk for said City of
said initial payment of $200.00, and the delivery to said
City Clerk for said City of a like duplicate of said Contract
of Sale executed by said purchaser; and that the said Mayor and
City Clerk are hereby further authorized and instructed, upon the
payment to said City of the full sum of all amounts payable
to said City under said contract of sale to execute, attest,
seal and deliver to said purchaser a quitclaim deed of said
parcel of real property, so paid in full, to said purchaser.
Sixth: That the bid of said purchaser, hereinabove
referred to, be placed on file in the office of the City Clerk
of said City, and the said bid and said "Notice No. Five of
Intention to Sell City of El Segundo tuned 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 Cleru shall certify to the
passa e 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 t.ereof in the records of the proceedings of the
City Council of said City, in the minutes of the meetinf; at which
the same is passed and adopted.
Passed, approved and adopted this 7th day of January, 1946,
y-,,4L x3- �ty
ayor of the city
Segundo, Californi .
3.
STATE OP CALIFORNIA
COUNTY OF LOS Ai:CELES } as,
CITY OF EL SECIILDO )
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 El Segundo, signed by
adjourned
the Mayor and attested by the City Clerk at a-Vregular meeting
thereof held on the 7th day of January, 1946.
That said resolution was adopted by the following vote:
AYES: Councilmen: Iiesser, re�.e i bon, Tlintcpbon ano Lla, or Oeloy.
NOES: Councilmen: Lone.
ABSENT: Councilmen: SKelle'. /
�m
ity Clerk of the of
E1 Segundo, California.
(SEAL)
4.
� 4✓ ?a i J