pa reso no. 8
1 -a:J l%LU11 Ulb V1~ _1i_ 111 Llil U ri U'1' l l .l '~1 ~ i .;'l'. Ulr.".~TL
r~1 J:il~x t,s l.l.i:'yl ~, lsai sl i~~ 'xv l..~G.t. ~~ 1i~.i:u Lt~,,.1 .:. _s.": ~'~U a..s>._`aLU l~.u
~~., ~.113~ ~;.t its r<_eetin~ l.eld or! ;:voveraer 6, 195?_, the
far:~lint>; liuthority of tine City of ;~..nta llarlica, aut_orized the
Chairtan oz" said .~~su~t-hority to e.~ecute a contra+.ct on he}tr..lf of the
ltithority irlereby tite r~utrlority agreed to buy certain real property
in the Gity of ;Santa r~onica, County of T,os _~n~eles, ~~tate o:C
Calii'ornia, upon t:he terns anti conditions stated in said contract,
said tro~lerty more nasticularl}~' is d.escri~~ed as Lots li, `L', 'Uy V, 1
and ?;:, .,:dock lyh, ooua oi" aanta '.ial.~.ica i'ract, as recorded -! n gook
39, rake ~i.5, et sec;, a=iiseellaneous :records of -Los in;^;e1es County, and
c'dl~li~:Jt~ said Chairman fu-miler tiJas authorized to enter into
escroTl and do all tihn~;s necessary to consurinate the sale of Braid
~~roperty, and
~~ ~~~~lza in order to close so.id escro:~; it is necessary th~lt
a note and deed of trust be e.;ecuted by tiie _uthot°ity to secure the
a~irchase trice of said _property;
L ii ., .,
_. , `.G ~aa__15.L~~UiLi, "Gi18 1~ar1CiT1~ _utilOY"1'cy UI t.'t'le LZ'tj' 01 :JStnta
;:olica, does resolve as follolas>
~~(i`1"l lJl~i 1• 1'hdt `1'• (.%« 1~ACi_u2U11, 'the l;lalrY:i211 Oi' Sa1d "'aY'k:1n~;
i~.U"thOrity 'tier C-'t)y 1S aUtlOrl2 ed t0 eY8CUt2 a TiOte o^-i.:td C7.eed O:(' trust O
said 1'arl;in~ yutnority to Louis L. eitus and Sylvia '!ieitus to secure
-tile purcrlase u-rice on the hereinabove described real property.
.;~0'1'l0v ~ .
2. _ne Chalr:narl mall e,tecute tills -resolution on
efial~• Os tY!8 Sul.(. ~iU'G110r1.ty cli'ld tl7e v18rIC O Sd-id 1iJOdy ,`1'flall Certi2y
to t'rle adoption thereof and t'siencesorth and thereafter t'he same sha11
~~~e in mull i'orce and effect.
.x~ui'.u'.i .~t~l) :..':!~UU?>;t) this 11th day of December ,'1952
ri`l ~~Ji:_
~ ir` ~,~%
//~~ ~'
r ~~
~,, .
~'~f
~ ~
` '~ ~/ . s
°-- ~- C,n~a:i.rnTdrl
"_ ierei~jr ceit-_1'y that the loreLoing resol.ucioxi duly ovx:s
adopted b~ an afir!G!ative vote oi' the Parl, i n~ iuthority o~° the ~it~r
speeial
oS' Santa -~or~ica at 2 ~~=~3-~~' „!eetin~ thereoS held oii the 11th d2~y
of November ~, 1952, by the following; vote o~ the l~uthority:
~y,;;3; Barnard, Gibbens, Horbaeh, Nittinger, h4eMahon
~Of3~y; None
r!3u~i~`l: None
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