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HomeMy WebLinkAbout1975 - Sale of Property to the Hamasi Corporationt • 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. di 105 WHEREAS, HAMASI CORPORATION, a corporation, has this day offered to the CITY OF NEWPORT BEACH, the sum of $280.00 for Lot 1, Block 240, Corona del Mar, in the city of Newport Beach, as shown on Map recorded in Book 3, pages 41 and 42 of Miscell- aneous Maps, records of Orange County, California; and? WHEREAS, the said price is a fair and adequatl price as and for the purchase price of said lot; and WHEREAS, the City Council of the City of Newptt Beach deems that it is for the best interests of said City that said property be sold for the said sum of $280.00; and WHEREAS, the price offered is just, fair and adequate and is not disproportionate to the real value of the property above described. NOW, THEREFORE, BE IT RESOLVED: That said property he sold to the said Hamasi Corporation, for the sum of $280.00 free and clear of all encumbrances, subject to the taxes for the fiscal year 1940 -41 and unpaid improvement assessments of record. Also subject to conditions, restrictions and reservations of record. The Mayor and the City Clerk are hereby authorized and directed to execute and deliver a deed for said property to the said parties upon receipt of the consideration above set forth. I hereby certify that the above and foregoing Resolut was duly and regularly passed and adopted by the City Council of the City of Newport Beach at a Special Meeting thereof held on the 22nd day of July, 1940 by the following vote, to —wit: AYES, COUNCILMEN: REED CLAIRE ALIN 29 BROwN anDmu 30 19OES, COUNCILMEN: WOW Z_ ` � td�yAt�T, COUP NUy�.I - 32` P s��