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CC RESOLUTION 850RESOLUTION NO. 850 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SECCNDO, CALIFORNIA, ACCEPTING THE CAbif BID OF SIDNEY CARR KNOONLES FOR CERTAIN CITY ONNED REAL PROPERTY. WTTEREAS, the City of El Se,-undo, California, has here- tofore instituted and is now prosecuting, a general comprehensive pro`,ram for the restoration of tax deeded properties within said City to a tax paying basis; and WTTEREAS, 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;nated as "Notice No. Eight M of Intention to Sell City of El Se.-undo Owned Real Property and Inviting Bids or Offers Therefor. ", and which said notice was published in the El 56[-,,undo Herald in the issuea of August 8th, 15th and 22nd, 1946; and 'iEBLEAS, responsive to said notice the bid hereinafter specifically mentioned for the property hereinafter described was filed and nas been duly considered by this Council; and N EREAS, this Council has reached a decision with reference to the sale of said property; NOiJ, T-lEREFORE, BE IT RESOLVED BY TIIE CITY COUNCIL OF THE CITY Ol �L SE(- =UYDO, 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 Se,-undo, County of Los An,r•eles, State of California, and is described as follows; Lot 17 in Block 9, El Segundo Tract, as per map recorded in Book 18 Pane 69 of Tviaps, Records of Los An eles County. Second: That it would be for the best interest of said City to accept the bid nereinafter specifically referred to in the sum of $466.00 cash. Third: That the bid of Sidney Carr Knowles, hereinafter called the purchaser, to purc -ase by good and sufficient deed wit_: policy of title insurance from said City for the sum of 4466.00 1. cash, 1p225.00 of which is hereby acknawleaged paid with bid, be and the same is hereby accepted. Fourth: That t,ze said sale herein made by virtue of th accepted ana made subject to the "Notice No. Fight M of Intention Owned Real Property and Invitinl- Fifth: That the Mayor acceptance of said bid and the �s acceptance thereof are so terms and conditions of said to Sell City of i,l SeLundo Bids or Offers Theref'or.11; of the City of El Se &undo is hereby 490 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 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 insirance to said purchaser upon receipt by said City Clerk for said City of said full purchase price. Sixth: That the bid of said rurchaser, 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. Eight N of Intention to Sell City of El Se undo 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 some to be entered in the book of resolutions of said City of E1 SeLlmdo, and shall make a minute of the oassa_ °e and adoption thereof in the records of the proceadinrs of the said City Council of said City, and in the minutes of the meeting at which the same is passed and adopted. Passed, approved and adopted this llthrdday of September, 1946. Mayor of the City 1 Ser; undo, Califo 3a $;K STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO ) I, VICTOR D. McCARTHY, 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 Mayor and attested by the City Clerk at a regular meeting thereof, held on the 11th day of September, 1946. That said resolution was adopted by the following vote: APES: Councilmen Baker, Peterson, Skelley, Thompson and Mayor Selby NOES: Councilmen None ABSENT: Councilmen None (SEAL) a ity Clerk of the City E1 Segundo, California