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HomeMy WebLinkAbout3103 - Sale of Property to Hugh Estuse RESOLUTION N0. 10 1 WHEREAS, Hugh A. Eatus, a single man, has this day 2 offered to the CITY OF NEWPORT BEACH, the sum of $10,000.00 for 3 Lots 2, 39 4, 5, 6, 7 and S. Block 22, Newport Beach Tract, in 4 the City of Newport Beach, as shown on a Map recorded in Book 3, 5 iPage 26 of Miscellaneous Mapa, records of Orange County, 6 California; and 7 WHEREAS, the said price is a fair and adequate price 8 as and for the purchase price of said lot; and 9 WHEREAS, the City Council of the City of Newport Beach 10 deems that it is for the beat interests of said City that said 11 property be sold for the said sum of $10,000.00, and 12 WHEREAS, the price offered is dust, fair, and adequate 13 and is not disproportionate to the real value of the property 14 above desefibed. 15 NOW, THEREFORE, BE IT RESOLVED: That said property be 16 sold to the said Hugh A. Estus, a single man, for the sum of 17 $10,000.00, free and clear of all encumbrances, subject to the 18 second half of 1944 -45 taxes. Also subject to conditions, re- 19 strictions and reservations of record. The Mayor and the City 20 Clerk are hereby authorized and directed to execute and deliver 21 a deed for the said property to the said party upon receipt of 22 the consideration above set forth. 23 I hereby certify that the above and foregoing Resolution 24 as duly and regularly g y passed and adopted by the City Council of 25 the City of Newport Beach, at a regular meeting thereof held on 26 b the following vote to -wit: the 2nd day of January, 1945, y g , 27 T' t ...::: ALLEN M 28 ISSELL REED HALL 29 I, _� L,....... 7 t, I e Q STANLEY 30 lr: N�a;; G �:: ��1:.:�id: NONE 31 32 or o $ e UltY OT Newporl5ea ST: