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CC RESOLUTION 904I RESOLUTION NO. 904 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORII LA, ACCEPTIi4G THE CASH BID OF HARRY STIRES FOR CERTAIN CITY OVdNED HEdL PROPERTY. UdIIEREnS, the City of El 6egundo, 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 4hEicE_VS, 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 decded parcels, which said notice is designated as "Notice No. Nine IuI of Intention to Sell City of E1 Segundo Owned Real Property and Inviting Bids or Uffers Therefor. ", and which said notice was published in the E1 Segundo Herald in the issues of June 12th, 19th and 26th, 1947; and d- HEREAS, responsive to said notice the bid hereinafter specifically mentioned for the property hereinafter described was filed and has been duly and ret-ularly considered by this Council; and VVHEREAS, this Council has reached a decision with reference to the sale of said property; NOou, THELEFORE, BE IT HESOLVED BY TiiE CITY COUI4CIL OF THE CITY OF EL SEGUN DO, as follows: First: That the particular property which is the subject of thi-- resolution and the sale therein contemplated, is located in the City of E1 Segundo, County of Los Angeles, Stateof California, and is described as follows: Lots 31, 32, 33 and 34, Block 61, E1 Segundo, as per map recorded in Book 20 Pages 22 -23 of Maps, Records of 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 following sums: Lot 31, :p255.00; Lot 32, 4p252.00; Lot 33, 4251.00; Lot 34, 0452.00, cash, or a total. of 81210.00. 1. Third: That the bid of Harry P. Stires and May Bell Stires, husband and wife, as joint tenants, as to an undivided 1/2 interest, and Jack Rein and Sally S. Hein, husband and wife, as joint tenants, as to an undivided 1/2 interest, hereinafter called the purchasers, to purchase by good and sufficient deed with policy of title insurance from said City for the sum of $1210.00 cash, be and the same 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 subject to the terms and conditions of said "notice IJo. wine M of Intention to Sell City of E1 Segundo Owned meal 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. Sixth: That the bid of said purchasers above referred to, be placedAn the office of the City Clark of said City on file, and the said bid and said "Aotice No. Nine M of Intention to Sell City of El Se�-undo Owned heal rroperty and Inviting Bids or Offers Therefor. ", are hereby/referred to and by this reference expressly incorporated herein end made a part hereof. Seventh: That tee 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 F1 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 2. City, and in the minutes of the meeting at which the same is passed and adopted. Passed, approved and adopted this 12th day of November, 1947. ayor of the City 1 Segundo, California. STATE OF CALIFORNIA ) COUNTY OF LOS ANGETES ) ss. CITY OF FL SE 11NDO ) I. VICTOR D. McCARTHY, Citv Clerk of the City of L1 Segundo, hereby certify that the foregoing resolution was adopted by the Council of the Citv of E1 Segundo, signed by the Mayor and attested by the City Clerk at a regular meeting thereof held on the 12th day of November, 1947. That said resolution was adopted b7r the following vote: AYLS: Councilmen Raker, Peterson, Skellev, Thompeon and Mavor Selby. NOi_S: Councilmen None. ,',B1'—"NT: Councilmen None. (S,L1L) 3.