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CC RESOLUTION 977RESOLUTION P'0. 977 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, ACCEPTING THE CASH BID OF MRS. ELOISE M. KNAPP, 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 pracels, which said notice is designated as «Notice 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 of December 9th, 16th and 23rd, 1948; 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 same therein contemplated, is located in the City of E1 Segundo, County of Los Angeles, State of California, and is described as follows: Lot 6, Block 14, 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 in the sum of $1000.00 cash. -1- E Fat t�_ Third: That the bid of Eloise ld. Knapp, a married woman, as her separate property, to purchase said property by good and sufficient deed with policy of title insurance from said city for the sum of $1000.00 cash, with real estate commission in the sum of 5jo of the sales Trice, payable to Janes L. Stinnett, a broker, be and the sa:7e is hereby accepted. Fourth: That the said acceptance of said bid and the sale herein made by virtue of this acceptance thereof are so accented and rtiade subject to the terms and conditions of said "notice No. Ten of lntention to Sell City of 1;1 Segundo Owned Meal rroperty and Lnvitin�- Bids or Cffers Therefor. "; Fifth: That the Mayor of the City of F1 Segundo is Hereby authorized and instructed to execute, in the na,ne of said City and on its behalf, a quitclaim deed of said real property to said purchasers, in form ainproved by the City Attorney or Si), cial City Attorney, and i,i.e City Clerk is hereby authorized and instructed to attest the same and affix the corpor- ate seal of said City treroto, and to deliver said deed, to- ,ether wit2 policy of title insurance to said ourchaser. Sixth: That the bid of said purchaser above referred to, be placed in the office of the City Clerk of said City on file, and the said bid and said "lcotice !do. Ten ! of Intention to Sell City of E1 Segundo Owned Real rroperty and Inviting Bids or Uffers 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 passar-e and adoption of this resolution; shall cause the oriminal of the same to be entered in the book of resolutions of said City of El So,--,Undo, and shall make a minute of the passage and adoption thereof in tl.e records of the proceedings of the said City Council of said City, and in the minutes of the meeting at which the sa:,,e is passed and adopted. 2. Passed, approved and adopted this 12th day of January, 1949. Mayor pro tem of the City of El Segundo, California. STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF EL SEGUNDO ) I, Victor D. McCarthy, City Clerk of the City of El Segundo, California, do hereby certify that the foregoing resolution was adopted by the Council of the City of E1 Segundo, signed by the Mayor pro tem and attested by the City Clerk at a regular meeting thereof held on the 12th day of January, 1949. That said resolution was adopted by the following vote: AYES: Councilmen Peterson, Swanson, Thompson and Mayor pro tem Baker; NOES: Councilmen None; ABSENT: Councilman Selby. (SEAL) -3- i- e