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HomeMy WebLinkAbout1977 - Sale of Property to the Hamasi Corporation1 2 10 3 4 5 6 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO, WHEREAS, HAMASI CORPORATION, a corporation, has this day offered to the CITY OF NEWPORT BEACH, the sum of $75.00 for the Southwesterly one -half of Lot 23, Block 140, Resubdivision of Corona del Mar, in the City of Newport Beach, as shavn on Map recorded in Book 4, page 67 of Miscellaneous Maps, records of Orange County, California; and WHEREAS, the price is a fair and adequate price as and for the purchase price of said lot; and WHEREAS, the City Council of the City of Newport Beach deems that it is for the best interests of said City that said property be sold for the said sum of $75.00; and WHEREAS, the price offered is just, f air and adequate and is not disproportionate to the real value of the property above described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to Hamasi Corporation, a corporations for the sum of $75.00 free and clear of all encumbranees, 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 party 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: 29 30 31 TTEST_ -32 ity, C. G AYES, COUNCILMEN. NEED CLAIRE ALLEN DROWN GORDON NOES, t AB T, cOUNCIL941! ' NONF�� Mayor of the City of Newport Beac