CC RESOLUTION 863RESOLUTION NO. 863
RESOLUTION OF THE CITY COLNCIL OF THE CITY OF EL
SEGLEDO, CALIFORNIA, ACCEPTING THE CASH BID OF
CENTRAL COUNTIES COMPANY a DELAWARE CORPORATION,
FOR CERTAIN CITY OWNED RtAL PROPERTY.
WHEREAS, the City of El Segundo, California, has heretofore
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
W-.MREAS, 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. Eight 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 trie El Segundo Herald in the issues of August 8th,
15th and 22nd, 1946; 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, THEREFORE, BE IT RESOLVED BN THE CITY COUNCIL OF THE
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;
Lot 20, Block 10, El Segundo, as per map recorded
in Book 16 Page 69 of Maps, Records of Los Angeles County.
Seconds That it would be for the best interest of said
City to accept the bid hereinafter specifically referred to in the
sum of $1,250.00 cash.
Third; That the bid of Central Counties Company, a Delaware
corporation, to purchase by good and sufficient deed with policy
of title insurance from said City for the sum of $1,250.00 cash,
1.
receipt of which is hereby accepted.
Fourth: That the said acceptance of said bid and the sale
herein made by virtue of this acceptance thereof are so accepted
and made bubject to the terms and conditions of said "Notice No.
Eight M of Intention to Sell City of El 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 quitclaim deed of said real property to said
purchaser, in form approved by the City Attorney or Special City
Attorney,a nd 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.
Sixths That the bid of said purchaser 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 M of Intention to Sell
City of El 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 E1
Segundo, and snail 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 same is passed
and adopted.
Passed, approved and adopted this 15th day of January, 1947.
ATTEST-
Victor D. nlcCarthy, City Clerk,
By
Deputy.
2.
ayor of t e y
Segundo, Califo a.
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF EL SEGi.NDO )
I. VICTOR D. MCCART!1Y, 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
15th day of January, 1947.
That said resolution was adopted by the following vote:
AYES: Councilmen 9aker, Peterson, Skellev, Thompson and IN-or Selbv;
NOES: Councilmen None;
ABSENT: Councilmen Pone.
Victor D. McCarthy,
City Clerk of the City of
E1 Segundo, California
By
(SEAL) Deputy.
3.