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CC RESOLUTION 856RESOLUTION NO. 856 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, ACCEPTING THE CASH BID OF MARCUS SIPRUT FOR CERTAIN CITY OWNED REAL PROPERTY UPON CERTAIN CONDITIONS. WHEREAS, 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 City to a tax ps ying 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 M of Intention to Sell City of E1 Segundo Owned Real Property and Inviting Bids or Offers Therefor, ", and which said notice was published in the E1 Segundo Herald in the issues of May 10th, 17th and 24th, 1945; and WHEREAS, one Marcus Siprut filed his bid with the City Clerk pursuant to said Notice, his bid reading for Lot 12 in Block 25, E1 Segundo; and WtIEREAS, it was called to the Council's attention that the City did not own said parcel of property, but did have listed for sale Lot 25 in Block 12, E1 Segundo; and WHEREAS, it was the opinion of the Council that said bid of said Marcus Siprut was meant to be for Lot 25 in Block 12, E1 Segundo; and WHEREAS, this Council has reached a decision with reference to the sale of said property; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of El Segundo, as follows. Firsts That the particular property which is the subject of this resolution and the sale therein contemplated is la ated in the City of El Segundo, County of Los Angeles, State of California, and is described as follows, to -wit: Lot 25 in Block 12, E1 Segundo, as per map recorded in Book 18, Page 69 of Maps, in the office of the County Recorder, 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 $700.00 cash. 1. Third: Tht the bid of Marcus Siprut and Eleonore Siprut, husband and wife, as joint tenants, hereinafter called the purchasers, to purchase by good and sufficient deed with policy of title insurance for the sum of $700.00 cash, to be paid at the time of delivery of such deed, be and the same is hereby accepted upon the following conditions, to -wit: (a) That the said Marcus Siprut, prior to the time the acceptance of his bid shall become effective, shall change the reading of his bid to read "Lot 25 in Block 12, E1 Segundo ". (b) If said bidder fails to make said change on his original bid now in the office of the City Clerk within ten (10) days from the date of this Resolution, then in that event the action of the Council accepting his bid is hereby declared to be specifically rescinded, and the City Clerk is authorized and instructed to return to said Marcus Siprut the amount deposited with his said bid, and that said bid is further accepted upon the conditions as hereinafter enumerated: 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 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 purchasers upon receipt by said City Clerk for said City of said full purchase price. Six the That the bid of said purchasers, above referred to, be placed on file in the office of the City Clark 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 Bida or Offers Therefor. ", are hereby referred to and by this reference expressly 2. L incorporated herein and made a part he roof. 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 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, And in the minutes of the meeting at which the some is passed and adopted. Passed, approved and adopted this 23rd day of October, 1946. 195yor or the City Segundo, California. ATTEST: STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) sa CITY OF EL SEGUNDO ) I, VICTCH 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 an adjourned regular meeting thereof held on the 23rd day of October, 1946. That said resolution was adopted by the following vote; AYES: Councilmen Baker, Peterson, Skelley, Thompson and Mayor Selby; NOES: Councilmen None; ABSENT: Councilmen None. (SEAL) 3. a _ a