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CC RESOLUTION 1220' do RESOLUTION NO. 1220 RESOLUTIONd OF THE CITY COUNCIL OF THE CITY OF EL SEG ImO, CALIFORNIA, ACCEPTING THE CASH BID OF VICTOR E. MATTSON FOR CERTAIN CITY OWNED REAL PROPERTY. WHEREAS, the City of El Segundo, California, has heretofore instituted and is now prosecuting a general comprehens ve program for the restoration of tax deeded properties within said City to a tax paying basis; and WHEREAS, pursuant to the said procedure as so established, the 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 tvo. Ten M of Intention to Sell City of El Segundo Owned Real Property and Inviting Bids or Offers Therefor ", and which said notice was published in the 9 E1 Segundo Herald in the issues of December 9, 16 and 23, 19,48; and WHLREAS, 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 TTY CITY COUNCIL OF 1AE CITY OF EL SEGUS;DO, as follows: First: That the particular property which is t' -,e subject of this resolution and the sale therein contemplated, is located in the City of El Segundo, County of Los Angeles, State of California, and is described as follow s: Lot 30, Block 10, El Segundo, as per Book 18, page 69 of Maps, Records of Los Angeles County. Second: Tnat it would be to the best interest of said City to accept the bid hereinafter specifically referred to in the sum of 5J700.00 cash. Third: That the bid of Victor E. Mattson to purchase by a good and sufficient deed with Policy of 'Title Insurance said property from -1- said City for the sum of �5700.00 cash, said title to be vested in Victor E. Mattson and Helms. Mattson, husband and wife, as joint tenants, BE Ai,D `PP,E SAVE IS HEREBY ACCEPTED. Fourth: That the said acceptance of said bid and tiie sale herein made by virtue of tlis 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 Heal Property and Invit- ing ;aids or Offers Therefor ". Fifth: That the L:ayor of the City of El 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 name and affix the corporate seal of the said City thereto, and to deliver said deed, together with policy of title insurance, to said purchaser. Sixth: That the bid of said purchasers above referred to, be filed in the office of the City said bid, and said "Notice No. Ten E1 Segundo Owned Real Property and are hereby referred to and by this herein and made a part hereof. Seventh: That the City Cle Clerk of said City on file, and the of Intention to Sell City of Inviting bids or Offers Therefor ", reference expressly incorporated ^k 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 cf El Segundo, and shall make a minute of the passage aria adoption thereof in the records of the proceedings of said City Council of said City, and in the minutes of the meeting at which the same is passed aria adopted. Passed, approved and adopted this 16th day of April, 1952. 7 ATTEST: City Clerk -2- STATE OF CALIFOft 1A ) COUNTY Or' LOS AivGEL: S CITY" OL EL SEGIINDO ) I, NEVA M. ELSEY, City Clerk of the City of E1 Segundo, hereby certify that the foregoing resolution was adopted by the Council of the City of El Segundo, si.,ned by the Mayor and a6tested by the City Clerk at a regular meeting thereof held on the 16th day of April, 1 ()52. That said resolution was adopted by the follow ng vote: AY=_S: Councilmen - Baker, Gordon, Peterson, Swanson and Mayor Selby; NOES: Councilmen - None; A,.SE14T: Councilmen - None. City Clerk of z e City o El Segundo, California. -3-