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HomeMy Public PortalAbout1646 (03-01-44) RESOLUTION NQ.�� RESOLUTION SELLING GERTAIN I?EAL ESTATE AND �AU'PNORIZING`. TFIE �XECUTION OF' A DE�D UFON PAYNIENT OF ,T`r.E COiJ6IDEHATIOPI NAMED THEREIN. Be i.t resolved by the Qity Council of the City of'Lyn- wood, Californir�, as fol•lows: WHEREAS, the City Council o�' the City of.Lynwood has here•tofore, on the ��� d�ay of _ March , 194� ac- cepted the offer Of gank of America, National Trust and Savinos Association for the purchase of all of the.right, title and interest of the City of Lynwood in and to certai lands iying within said City; NO.W, THEREFORE, �he City Council of the City of Lyn- woo does hereby resolve,,- dete:mine and order aS follows.: 5eetion 3.. That the Ci.ty o;f Lynwood shall convey to the said, � gank of America, Na.tional Trust and Savinga Aesociation said�property hereinafter described, sub,�ect to c.onditions, restrictions, reservations and easements of record. That the City shall convey to said purchaser no other or, greater title to said lands than has been acquired by said City, Section 2. That upon payment to the City, of Lynvtood of the sum of Eight Hundred Seventy ancl No/100ths Dollars (�870.00) the Mayor o€ the City of Ly,nwood is hereby auth� orized and directed to execute a deed of conveyance bf cer- tain land hereinafter described, conveyi'ng the same as above spec3fied to Bank of America, National Trust and Savinga Association — - , -1-. ' - on behalf of the ��1� C.ity of Lynwooq, and that the City , Clerk of said City.i� hereby,authorized�to attest said deed and to �ffik the City se�.l of the City of Lynwood thereto, on behalf of the.said City of Lym��ood, , Section,3. �'h�t.the Mayor and .City Clerk of said City, � on bFha.2f of sa_id City, are hereby authorized to �ign any escrow agreement necess:ary tq complete the transfer of said land.s. Section 4. 'Phat the City Clerk oi said Clty 1� author- ized to deliver s�id deed to the grantee therein named, on beh�ilf of the said Citv of Lynv!ood, as soon as, or upon oon- dltion that tlle said conslderation shall have'been paid to said City, ' Section 5, The property conveyed by this agreenient is described as �'ollow�s, to wit: Los 142, 143 and 144, Tract 5632, as per map recorded in Book 80, Page 50 of Pdaps, Record� of Los An�elea County, California. pPPROVLD AND ADOPTED th' , i ar day of ___�d�rch _, 194 4. , � ,��� . . � " ". r n�oR or. �ih �r4 =ATTEST: . CITY CLERK, CITY OF LYN':�OOD_ ST�TE OF CALIFCRNIA ) COUNTY OF LOS ANGiLi;5 :ss, CITY OF LYN�IOOD ) I, the undersigned Citr Clerk of the City of Lynwood, do hereby certify that the above and foregoing Resolution was duly adopted by the City Council of said City at a__ ad,�ourned regular meeting thereof held in the City hall of said City, on the lst day of t�Iarch , 191� 4, and passed by the following ,vote: F,YES: COWi CILMEPI Chriatensen, Lake, ' t"l ig gina, and Willard. � NOES: CUUNCILi�,EN None �. ` '�iBSi�i1T COtJTdCILi,�N Meyer F.. . �` CITY CLr,RK, CITY F LYNPdO