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CC RESOLUTION 1078RESOLUTION NO. 1078 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, ACCEPTING THE CASH BID OF DONALD M. RENNIE FOR CERTAIN CITY OWNED REAL PROPERTY. WIiEREAS, the City of E1 Segundo, 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 WHEREAS, pursuant to said procedure as so established, said Council has caused to be given ana 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 E1 Segundo Herald in the issues of December 9, 16 and 23, 1918; 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, TREREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, as follows: First: That the partic ular property which is the subject of this resolution and the same therein contemplated, is located in the City of El Segundo, County of Los Angeles, State of California, and is described as follows: Lot 13 in Block 5 of E1 Segundo, in the City of El Segundo, County of Los Angeles, State of California, as per map recorded in Book 18, Page 69 of Maps, in the office of the County Recorder of said 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 $x.,500.00 cash. -1- 5q91 _ THIRD: That the bid of Donala M. Rennie to purchase by good and sufficient deed with policy of title insurance said property from said City for the sum of $1500.00 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. Ten M of Intention to Sell City of E1 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 Donald M. Rennie and Mary Rennie, husband and wife, as joint tenants, 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 saia City thereto, and to deliver said deed, together with policy of title insurance, to said purchaser. SIXTH: That the bid of said purchaser above referred to, be filed in the office of the City Clerk of said City on file, and the said bid and said "Notice No. Ten M of Intention to Sell City of El Segundo Owned Real Property and Inviting Bids or Offers Therefor", are hereby referred to and by this reference expressly incorporated therein and made a part hereof. SEVENTI: 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. n�tthh Passed, approved and adopted this 1r' t day of May, 1950- � ATTE T: Mayor of the City of E1 gundo California. 6992 STATE OF CALIFOR1vIA ) COUNTY OF LOS ANGELES CITY OF EL SEGUNDO ) I, VICTOR D. McCARTHY, City Clerk of the City of El Segundo, hereby certify that the foregoing resolution was adopted by the Council of the City of El Segundo, signed by the Mayor and attested by the City Clerk at a regular meeting thereof held on the 18th day of May, 1950. That said resolution was adopted by the following vote: AYES: Councilmen - Gordon, Peterson, Skelley, Thompson and Mayor Selby. NOES: Councilmen - None. ABSF'l,:T: Councilmen - None. -3-