CC RESOLUTION 1039RESOLUTIWi NO. 1039
RESOLUTION OF THE CITY COUNCIL OF 171-12 CITY OF
EL SEGUIJDO, CALIFOR II,i, ACCEi1TI1,'G TIDE CASH
BID OF I. F. LP.UIv:AN !a'OR CERTAIN CITY UINNED
REI�L s ROl E'RTY.
IL EREAS, the City of El Segundo, Cdifornia, 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
"hotice No. Ten 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/6f December 9, 16 and 23, 1948; and
MHEREAS, 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
WJHEREAS, this Council has reached a decision with
reference to the sale of said property;
NOW, TiiER�FO EI BE IT RESOLVED BY ,IH` CITY COUNCIL OF
F TT- ,E, CITY Oli' EL SEGUNDO, as follows:
First: That the particular property which is the
subject of this resolution and the same therein contemplated, is
located in the City of E1 Segundo, County of Los Angeles, State
of Cdifornia, and is described as follows:
Lot 9, Block 6, El Se *undo, as per map recorded
in Boo?- 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
in the sum of 4850.00 cash.
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F
Third: That the bid of T. F. Lauman Furniture Company,
Incorporated, },hereinafter called the purchaser, to purchase
by good and sufficient deed with policy of title insurance
said property from said city for the sum of $850.00 cash,
with real estate comr2ission in the sum of 5 of the sales
price, payable to Harold L. Roberts, a broker, be and the same
Is hereby accepted.
Fourth: That the said acceptance of said bid and the
sale herein Wade by virtue of this acceptance thereof are so
accepted and made subject to the terms and conditions of said
"Notice No. Ten P( 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 El Se -undo is
hereby authorized and instructed to execute, in the naive of
said City and on its behalf, a quitclaim deed of said real
property to said purchaser, in form ap,;roved 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 purchaser.
Sixth: That ti-e bid of said purchaser above referred
to, be filed in t.,e office
file, and the said bid and
to Sell City of E1 Segundo
Bids or Offers Therefor. ",
this reference expressly ii
hereof.
of the City Clerk of said City on
said "Notice No. Ten M of Intention
Owned Real Property and Inviting
are hereby referred to and by
1corporated herein and made a part
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 El 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 same is passed and adopted.
2.
Passed, approved and adopted this 2nd day of November,
1949.
Mayor of the City of F;.3.
Segundo, California.
ATT.�ST:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) s s .
CITY fkF EL SEGUIDO. )
I, VICTOR D. McCARTif -, 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 2nd day of November, 1949.
That said resolution was adopted by the following;
vote:
AYES: Councilmen Baker, Peterson, Swanson, Thompson, and
Mayor Selby.
NOES: Councilmen None.
ABSENT: Councilmen None.
3.