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HomeMy WebLinkAboutReso 1950-1101 RESOLUTION NO. 1101 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING NOTICEFOR BIDS ON SALE OF CITY HALL AND DIRECTING THE PUBLICATION THEREOF THE CITY COUNCIL OF THE CITY OF CHULA VISTA DOES HEREBY RESOLVE AS FOLLOWS: That certain document, .entitled "Notice for Bids on Sale of Real ¢roperty by the City of Chula Vista" dated March 14th, 1950, a copy of which is attached hereto and incorporated herein, be and the same is hereby approved, and that Herbert V. Bryant be, and he is hereby, directed to cause the same to be published forthwith in the Chula Vista Star. ADOPTED, SIGNED AND APPROVED this 14th day of March, 1950. Mayor of the y of Chula Vista, California. ATTE T. .1.1010■ City Clerk of Mr,"' ' y of Chula Vista, Cali +rnia. Passed and adopted by the said Council of the said City of Chula Vista, California, this 14th day of March, 1950, by the following vote, to-wit: AYES: Councilmen Dyson,Kidder,Koester,Riesland,Nashold. NOES: Councilmen None. ABSENT: Councilmen None. 404111r1P i y Clerk of th3SW4 of Chula Vista, Califor..ia. NOTICE FOR BIDS ON SALE OF REAL PROPERTY BY THE CITY OF CHULA VISTA NOTICE IS HEREBY GIVEN, that the City of Chula Vista will sell to the highest bidder, for cash, upon the terms and conditions herein mentioned, that certain piece or parcel of real property and the improvements thereon commonly known as the City Hall, 294 Third Avenue, Chula Vista, California, and more particularly described as follows: Lot 14 of Block E of Mohnikes Subdivision in the City of Chula Vista, County of San Diego, State of California, according to the Map thereof No. 1284, filed in the Office of the County Recorder of San Diego County on September 12, 1910. Sealed Bids or offers in writing are invited for said real property, and will be received at the Office of the Administrative Officer of the City of Chula Vista, City Hall, Chula Vista, California, at any time before 7:00 o'clock P.M. , April 12, 1950. The terms and conditions of the sale are Twenty-five per cent (25%) of the sale price cash, payable ten (10) days after acceptance of bid in lawful money of the United States and the balance payable upon surrender of possession to buyer in lawful money of the United States, such balance to be evidenced by a note, bear- ing no interest and secured by a first trust deed of trust on said premises. The City shall retain the right to exclusive possession and occupancy of said premises until completion of a new City Hall, but in no event for more than one year follow- ing the acceptance of a bid. Seller will furnish title insurance and pay the usual title expenses; insurance to be prorated as of date of sale. The minimum sale and bid price for said real property shall be FORTY-FIVE THOUSAND DOLLARS ($45,000.00). The City of Chula Vista reserves the right to reject any and all bids or waive any informality in a bid and to withdraw this offer at any time before the acceptance of a bid. DATED: March 14th, 1950. H=rber V. Bryant,ImM:nistrative Officer of the City of Chula Vista, California. •