The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1893-05-11
Ordinance No. 1892.
fNEW sERIxsa

fNEW SERIESa
A n ORDINANCE AUTHORIZING AND pI-
"A rectihS the sale BY the City Of Los angeles
OF that certain real property on Second street,
between Spring strict and Broadway, upon
which the old City Hall is situated, ana pre-
acribing the manner OF such sale.
Inc mayor and council oftae city OF Los An
Reles a. ordain as follows:
htcrioN i. That the right, title ana interest
OF tne city OF Los Angeles IN and 70 All that
teal property situated in the city OF Los Ange-
its, county OF Los Angeles and state Of Caiiior'
ma. asa more particularly described as follows,
to,wlt' Commencing At a point on the north.
erly boundary of Second street, distant l65 "a
ieet N an eesterly direction from the northeast
corner Of recond street and Broadway and the
corner OF a brick building built thereon, and
manning thence from said initial point along
me northerly boundary OF Second street 6iS2
ieet IN an easterly direction to the southwest
corner Of Rryson. Bonebrake building; thence
along he westerly line OF said Bryson Rome
I brake building I'D % feet In q northerly direc
tion 70 the northeast n0rner of The old City Hall
puiinlnEi thence along the northerly line
OF said old city hall building 81 30
rees n westerly direction to tne
building, said last mentioned point being
100 ~ feet in an eastarly direction from the
caste boundary OF Broadway, on line par
allel with vecond street; thence eoutherly
along the westerly line Of said old City Hall
building liz 81 feet to the point of beginning,
sn s, be sold In the manner hereinafter pro-
sno. 2. The city clerk shall, on Thursday
the 27th day Of June, a. D, 1898, in front OF
the police station, at the old City Hall, in the
cry OK Los Angelesi at the hour OF 10 o'clock
An OF that day, sell. at public auction to the
highest and best bidder for gold coin Of the
United States, payable At the time of the deliv-
ety o. the deed OF said real property all the
right, title and interest OF the city of Los Ange
les 10 ana TO the above described real property;
provided that no sale shall be made unless the
salu pid anail be at least $4,000. The sue
csSsful bidder at ssid sale shall deposit With
the city clerk ut the time OF said sale a sum
equal TO the amount of ten per cent of said bid
ss guarantee Of his purchase of said property
IN accordance with his said bid. The proceeds
OF the said sale shall be paid by the purchaser
q The said property to the treasurer OF the city
OF Los Angeeset the time Of the delivery of
good ana gufncient deed therefor to the said
purchaser. And the city clerk is further d.
rected to pay TO the city treasurer, at the time
OF the completion of said purchase, the ten per
cent received by him as a guarantee at the
time of said sale; Which ten per cent shall be
applied by said city treasurer as q portion of
the payment for said property at the final con-
mmatfon of said purchase. The city re-
serves the right to occupy ssid premises for
SIX months, with the option of Fix months
moro II city so elect, az not to exceed 800 per
month";
SEES g. The mayor of the city o. Los Angeles
is hereby authorized to execute, ackno aledge
and deliver to the purchaser at said sale quit
terest OF the city Of Los Angeles in and to ali
the said real property upon the payment OF the
purchaso money as hereinbefOre expressed.
subject totne reservations shove expressed
SBc a. The City Clerk shall certify 10 the
passage of this ordinance, and shall cause
the same to be published once a week for
eight consecutive weeks in the Los Angeles
Daily HERALD, n newspaper published IN said
city, and thereupon and thereafter it shall take
effect and be in force.
hereby certify that the above ordinance
was adopted by the council o; the city OF
Eos Angeles nj Its meeting of the 18th day
OF April, 1893.
City Clerk
A proved by me this 18th day of April, 1898
T. Il. ROWAN,
4-20-thu-st Mayor of the city OF Los Angeles