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CC RESOLUTION 1276RESOLUTION NO. 1276 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, ACCEPTING = CASH BID OF WILLIAM L. BYRNE, FOR CERTAIN CITY OWNED REAL PROPERTY. WHEREAS, the City of El Segundo, California, has hereto- fore 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 the said procedure as so established, the Council has caused to be given and published a notice of inten- tion to sell the interest of said City in certain of such tax deeded parcels, which said notice is designated as "Notice No. Eleven 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 11th, 18th and 25th, 1952; and 'iMREAS, 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; anu WHEREAS, this Council has reached a decision with reference to the sale of said property; PLOW, THEREFORE, BE IT RESOLVED BY TIM C17( COUP]CIL OF THE CITY OF EL SEGUNDO, AS FOLLOWS: First; That the particular property which is the subject of this resolution and the sale therein contemplated, is located in the City of E1 Segundo, County of Los Angeles, State of California, and is described as follows: Lot 26 (Ex. of mining rights) Tract iVo. 2028, as per book 35 page 37 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 $511.00 cash. Third: That the bid of William L. Byrne to purchase by a good and sufficient deed with policy of title insurance said property from said City for the sum of $511.00 cash, said title to be vested in William L. Byrne, be and the same is lherebv accepted. -1- 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. Eleven 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 the 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 theCity Clerk of said City on file, anc the said bid, and said "notice No. Eleven M of Intention to Sell City of E1 Segundo Owned Real Property and Inviting Bids or Offers Therefor ", are hereby referred to and by this reference expressly incorporated herein and made a part hereof'. Seventh: That the City Clerk small certify to t e 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 lit Segundo, and shall make a minute of the passage and adoption thereof in the reoords of the proceedings of said City Council of said City, and in the minutes of the meeting at which the same is passed and adopted. Passed approved and adopted this 14th day of January, 1953. r , ATTEST: Mayor of the City of undo. I City -2- 6960 STATE OF CALIFORNIA ) COUNTY OF L06 AAGELh;S ) ss. CITY OF EL Sr�GUNDO ) I, NEVA M. ELSEY, City Clerk of the City of El Segundo, hereby certify tnat 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 14th day of January, 1953• That said resolution was adopted by the following vote: AYES: Councilmen - Baker, Gordon, Peterson, Swanson and Mayor Selby; iVOES: Councilmen - None; ABSENT: Councilmen - None. City Clerk of the City r E1 Segundo, California -3-