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CC RESOLUTION 1414RESOLUTION NO. 1414 RESOLUTION OF THE CITY COUNCIL, CITY OF EL SEGUNDO, CALIFORNIA ORDERING CANCELLATION OF SALE OF LOT 3, BLOCK 122, EL SEGUNDO UNDER RESOLUTION NO. 1373, AND ORDERING REIMBURSEMENT TO PURCHASER FOR ALL MONIES PAID ON SAID SALE, AND RESCINDING RESOLUTION NO. 1373. THAT WHEREAS, this Council did, by Resolution No. 1373, duly and regularly adopted on January 6, 1954, accept the offer of Beulah S. Mauk to purchase from the City on a cash basis that certain real property situate in the City of E1 Segundo and more particularly described as: Lot 3 (Ex. of Mining Rights) in Block 122, E1 Segundo, as per Book 22 page 54 of Maps, Records of Los Angeles County; and that upon compliance with the terms of said sale, the City of El Segundo was to furnish clear title to the property, evidenced by policy of title insurance, and WHEREAS, it appears that the City of E1 Segundo is unable to clear certain exceptions shown in the title report on said property, and WHEREAS, it is agreeable with the purchaser of said property that said sale be rescinded and that she be reimbursed her payments heretofore made in respect to said lot, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO DOES HEREBY RESOLVE, ORDER AND DECLARE, as follows: First: That the sale of Lot 3 (Ex. of Mining Rights), Block 122, El Segundo by the City of E1 Segundo to Beulah S. Mauk on a cash basis, be and the same is hereby rescinded due to the fact that the City of E1 Segundo is unable to eliminate certain exceptions shown in the title report to the property; Second: That the City Clerk and the City Treasurer are hereby authorized and directed to prepare a warrant in the amounts heretofore paid to the City on said parcel of property, said warrant -1- to be payable to said Beulah S. Mauk, and to present the same to this Council at its next regular meeting and to thereafter forward said warrant to said purchaser named as payee in said warrant. Third: That Resolution No. 1373 is hereby rescinded. Fourth: That the City Clerk is hereby authorized and instructed to deliver a copy of this Resolution to the City Treasurer. ADOPTED: This 16th day of June, 1954. Mayor of the City of E1�S ATTEST: City Clerk (SEAL) STATE OF CALIFORNIA COUNTY OF LAS ANGELES as. CITY OF EL SEGUNDO ) 1, NEVA M. ELSEY, 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 16th day of June, 1954. That said resolution was adopted by the following vote: AYES: Councilmen Frederick, Gordon, Swanson and Mayor Selby; NOES: Councilmen None; ABSENT: Councilmen Baker. (SEAL) -2- City Clerk of the City of El Segundo, California.