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CC RESOLUTION 993,T RESOLUTION NO. 993 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, ACCEPTING THE CASH BID OF ROBERTS REAL ESTATE CO. 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. 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 El Segundo Herald in the issues of December 9, 16 and 23, 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; NOIY4 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 contempldod, is located in the City of El Segundo, County of Los Angeles, State of California, and is described as follows: N 401 of S 1201 of Lot 6, Block 97, E1 Segundo, as per map recorded in Book 20, Pages 22 -23 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 $800.00 cash. 1. s Third: That the bid of Emmet E. Wassman and Dorothy L. Wassman, husband and wife, as joint tenants, hereinafter called the purchasers, to purchase by good and sufficient deed with policy of title insurance said property from said city for the sum of $800.00 cash, with real estate commission in the sum of 5% of the sales price, payable to Roberts Real Estate Co., a broker, 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. Ten 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 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 filed in the office file, and the said bid and to Sell City of El 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 icorporated 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 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 meeting at which the same is passed and adopted. 2. Passed, approved and adopted this 16th day of February, 1949. Mayor of the City o l Segundo, Cal iforni0 . ATTEST: City _ STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES CITY OF EL SEGUNDO ) I, VICTOR D. MCCARTHY, City Clerk of the City of El Segundo, hereby certify that the fore #oing 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 16th day of February, 1949. That said resolution was adopted by the following vote: AYES: Councilmen Baker, Peterson, Swanson and Mayor Selby. NOES: Councilmen None. ABSENT: Councilmen Thompson. 3. WA. WORMY of El e .: