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CC RESOLUTION 1554J_ RESOLUTION N0. 1554 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, ACCEPTING THE CASH BID OF JUANITA JONES, A MARRIED WOMAN, FOR CERTAIN CITY OWNED REAL PROPERTY. WHEREAS, 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 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 No. Fourteen 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 E1 Segundo Herald; 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, 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 sale therein contemplated, is located in the City of E1 Segundo, County of Los Angeles, State of California, and is described as follows; Lot 3 in Block 122 of E1 Segundo, as per map recorded in Book 22, pages 54 and 55 of Maps, in the office of the County Recorder of Los Angeles County EXCEPT all minerals including all oil, gas and other hydrocarbon substances. SEcond: That it would be to the best interest of said City to accept the bid hereinafter specifically referred to in the sum of $850.00 cash. .1— Third: That the bid of Juanita Jones, a married woman, to purchase by a good and sufficient deed, with policy of title insurance, said property from the City for the sum of $850.00 cads, BE AND THE SAME IS HEREBY ACCEPTED. Fourth: That the 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 "Notice No. Fourteen 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 said purchaser, 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 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. Fourteen 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 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 said City Council of said City, and in the minutes of the meeting at which thB same is passed and adopted. Passed, approved and adopted this 9th day of November, 1955. ATTEST: Mayor of the City 1 Se ndo City Ole -2- STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES CITY OF EL SEGUNDO ) 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 E1 Segundo, signed by the Mayor and attested by the City Clerk at a regular meeting thereof held on the 9th day of November, 1955. That said resolution was adopted by the following vote; AXES; Councilmen - Baker, Frederick, Gordon, Swanson and Mayor Selby; NOES; Councilmen - None; ABSENT; Councilmen - None. City Clerk of the City of El Segundo 3,