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pa reso no. 15.. ~~~~ ~~~ RESOLUTION N0. 15 (PA) A,.RF,SOLUTION OF THE PARKING AUTHORITY OF THi;; CITY OF SANTA MONICA AUTHORIZING TILE PURCHASF~ OF LOT P OF BLOCK 95, TOWN OF SANTA it`iUNICa TRACT. THE PARKING AUTHORITY OI' THE CITY OF SANTAT~iONICA HEREBY DUES RESOLVE AS FOLLOWSs SEC`1'lON 1. That the Chairman of said Parking Authority hereby is authorized to enter into an escrow and do all things neces~ sary to purchase that certain real property in the city of Santa T~Ionica, County of Los Angeles, State of California, desoribed ass: Lot P of Block 95, `town of Santa iUTonica Tract, recorded in Book 39,, Page t~5 et seq., T~iscellaneous Records, Los Angeles County; and to deposit in escrow on be'raalf of said Parking Authority the sum of ;x20,000, as tYae purchase price of said property, and to pay to said escrow agent such other sums as may be necessary to cover the costs of the escrow. SEC`1'lUN 2. Said Chairman of said Parking Authority further is authorized to accept a grant deed to said real property on behalf of said Parking Authority and to do all things necessary to consummate the transfer of title to said real property to said Parking Authority. SECTION 3. The Chairran shall execute this resolution on behalf of said Authority and the Clerk of said body shall certify to the adoption thereof and thenceforth and thereafter the same shall be in full force and effect. ADOPTEll AND APPROVED this 7th day of May ~,~1953. ,.~, ~, , .. ~ ~" ~ airman adopted by the Parking Authority of the City of Santa P~Ionica at an adjourned regular meeting thereof, held on the '7th day of May_ ___, 1953, by the following four-fifths vote of said Parking Authority: AYES: BENSON, HORBAGH, MILLS, McMAHON 1VOES: None ABSENT: GIBBENS •-----°"°__'- :~~~~ ,Lary