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RESOLUTION NO~ ~h-5 ACCEPTING OFFER TO PURCHASE CITY <br />OWNED RF~LL PROPERTY AND AUTHORIZING THE ~YOR TO F~CUTE THE <br />ESCRO~,~ INSTRUCTIONS AND THE DEED <br /> <br /> ~EREAS, heretofore, the City Council authorized the ~ublica- <br />tlon of Notice Inviting Bids offering to purchase certain real prop- <br />erty belonging to the City of Santa Aha, improved by a dwelling~hause <br />and known and numbered as 915 W. Walnut Street, Santa Aha, C~lifor- <br />nia; and <br /> <br /> '%~rHEREAS, HARRY D. DENT, Jr. submitted a sealed bid and at the <br />time fixed for the opening of bids, was found to be the only person <br />submitting a bid for said property and it was found that he submitted <br />a bid to purchase said property for the full purchase price of <br />$7,000.00 and submitted a cashier's check in amount of $800.00 with <br />his bid to guarantee that he would go through with the contract if <br />his bid were accepted; and <br /> <br /> V~tEREAS, upon a call from the Mayor at open Council meeting, no <br />person appeared to raise said bid; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED: That the City Council of the <br />City of Santa ~na hereby accepts the bid of HARRY D. DENT, Jr. to <br />purchase that certaia real property described as: <br /> <br /> Lot 21, Block P, Heil Tract, as per map thereof <br /> recorded in Book 23 at Page 28, Miscellaneous <br /> Records of Los Angeles County, <br /> <br />for the sum of $7,000.00, accepts the payment of $800.00 outside of <br />escrow, authorizes and directs the Nayor to execute the escrow in- <br />structions with all escrow fees and title expense to be paid by pur- <br />chaser, and to execute the City's deed conveying said property to <br />said purchaser or to such persons as said purchaser may direct and <br /> <br />to deliver the same in escrow. <br /> <br />ATTEST:~ <br /> CT.ERK OF THE COUNCIL <br /> <br />(SEA~) <br /> <br /> <br />