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CC RESOLUTION 930r ,4) RESOLUTION NO. 930 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, ACCEPTING THE CASH BID OF JOHN CATALANO FOR CERTAIN CITY OWNED REAL PROPERTY. WHEREAS, the City of E1 Segundo, California, has here- tofore 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 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. Nine 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 June 12th, 19th and 26th, 1947; and WHEREAS, responsive to said notice the bid hereinafter specifically mentioned for the property hereinafter described was filed and has been duly and regularly 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 BY 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 7 in Block 6 of E1 Segundo, as per map recorded in Book 18 Page 69 of Maps, Records of Los Angeles County, Second: That it would be to the best interest of said City to accept the bid hereinafter specifically referred to 1. in the sum of 5850.00 cash. Third: That the bid of John Catalano and Adeline W. Catalano, husband and wife, as joint tenants, to purchase by good and sufficient deed with policy of title insurance from said City for the sum of $850.00 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 No. Nine 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 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 corpor- ate 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 placed in the office of the City Clerk of said City on file, and the said bid and said "Notice No. Nine M of Intention to Sell City of E1 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 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 2. .. ="S meeting at which the some is passed and adopted. Passed, approved and adopted this 31st day of March, 1948* a � i��21 — y o he City of E1 Segundoo, Calftornias STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES CITY OF EL SEGUNDO ) Is. 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 pro tam the Mayor /and attested by the City Clerk at a. adp regular meeting thereof held on the 31st day of March, 1948. That said resolution was adopted by the following vote: AYES: Councilmen Peterson, Skelley, Thompson and Mayor pro tam Baker NOES: Councilmen Kona. ABSENT: Councilmen Selby. (SEAL) 3.