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M063-- , CERTIFIED COPY OF RESOLUTION ADOPTED BY THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNLA APRIL 5, 1950 "RESOLVED, that that certain Grant Deed, from Standard Oil Company of California, a Corporation, dated February 6, 1950, conveying to the City of E1 Segundo, a municipal corporation, that certain portion of the Southeast quarter of the Southwest quarter of Section 7, T3S, Range 14 West, S.B.B. & M., in the Rancho SSUBal Redondo, as more particularly described in said in- strument, be and the same is hereby accepted for and on behalf of the City of Al Segundo, and the City Clerk of said City is hereby authorized and directed to cause said instrument to be filed for record in the office of the County Recorder of Los Angeles County, California; AND, BE IT FURTHER RESOLVED, that said City Clerk, immediately after recordation of the instrument, obtain from Title Insurance and Trust Company a title insurance policy respecting said land, and upon receipt of said policy, if said land is found to be free and clear of encumbrances, except conditions, restrictions and reserva- tions shown in the before mentioned instrument and which are common to real property in the area in which the parcel described is situated, that warrant in the aim of $2700.00 be paid to Standard Oil Company of California." STATE OF CALIFORNIA ) Q�7 COUNTY OF LOS ANGELES ) SS. saaK328? 1 PAGE 8A. 1. CITY OF EL SEGUNDO ) I, Victor D. McCarthy, City Clerk of the City of E1 Segundo, California, do hereby certify that the foregoing is a full, true and correct copy of a resolution adopted by the City Council of said City at a regular meeting of said Body held on the 5th day of April, 1950. In Witness Whereof, I have hereunto set my hand and affixed the official °sea h"of the City of E1 Segundo, California, this 6th day of April, 1950. VICTOR D. McCARTHY City Clerk of the City of E1 Segundo, California By ra Deputy sv32811 PE '7 THIS INDENTURE, dated the 6th day of February, 1950, between STANDARD OIL COMPANY OF CALIFORNIA, a corporation, Grantor, and CITY OF EL SEGUNDO, a municipal corporation, Grantee, W I T N E S S E T H THAT Grantor hereby grants to Grantee the following described real property situate in the City of E1 Segundo, County of Los Angeles, _ _mate of California, and more particularly described as follows, to -wit: That portion of the southeast quarter of the southwest quarter of Section Seven, Township Three'South, Range Fourteen West (SEk of the SWk of Sec. 72 TO S., R.14 W.) S.B.B.& M., in the Rancho Sausal Redondo, described as follows: Beginning at the intersection of the easterly line of said southeast quarter of the southwest quarter of Section 7 with the north line of E1 Segundo Boulevard (40 feet wide); thence northerly along said east line a distance of 160.00 feet; thence westerly and parallel with said north line of E1 Segundo Boulevard, a distance of 270.00 feet; thence southerly and parallel with said east line to an intersec- tion with the north line of E1 Segundo Boulevard; thence easterly along said north line to the point of beginning, according to the official plat of the survey of said land on file in the Bureau of Land Management. Excepting and reserving to Grantor, its successors and assigns, all oil, gas, asphaltum and other hydrocarbons and other minerals whether similar to those herein specified or not, within or underlying or that may be produced from said land, and also excepting and reserving to Grantor, its successors and assigns, the sole and exclusive right to drill slanted wells from adjacent lands into and through the subsurface of said land for the purpose of recover- ing said reserved products from said land and from other properties; provided, however, that the surface of said lands shall never be used for the exploration, development, extraction or removal of said reserved products. Also excepting and reserving to Grantor, its successors, and assigns, the right of way from time to time to lay, construct, reconstruct, replace, renew, repair, maintain, operate, change the size of, increase the number of, and remove pipe lines and appurtenances thereof, for the transportation of oil, petroleum, gas, gasoline, water or other substances, and to erect, maintain, operate, repair, renew, add to and remove telegraph or telephone lines, and appurtenances thereof, with the right of ingress and egress to and from the same, over and through, under or along, the hereinabove described property. Said lines shall be laid and /or erected upon two strips of land described as the northerly ten (10) feet of the southerly 55.00 feet and the easterly seven (7) feet of said property. Said lines may, in so far as the interests of Grantee extend therein, be laid across adjacent roads, streets and alleys. Grantee shall have the right to use and enjoy said premises provided that Grantee shall not construct or maintain the whole or any part of any structure on said strips of land or in any manner impair or interfere with the present or prospective exercise of any of the rights herein excepted and reserved. Subject to any and all exceptions, reservations, restrictions, covenants, rights of way and easements appearing,of record or that can be ascertained by an inspection of said land. IN WITNESS WHEREOF, Grantor has caused these praer ,t�, -be executed. 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