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HomeMy WebLinkAbout2023 - Sale of Property to Charles & Lenore ReadRESOLUTION NO�d'�3 deems that it is for the best interests of said City that said 11 property be sold for the said sum of $ 361e'0 a -, and 1 WHEREAS, CHARLES C. READ and LENORE READ, husband and 2 wife, have this day offered to the CITY OF NEWPORT BEACH, the 40 3 sum of # 31q111 00 for Lot 18, Block "A ", Tract No. 673 in the City 14 above described. 4 of Newport Beach, as shown on a Map recorded in Book 20, pages 17 5 and 18 of Miscellaneous Maps, records of Orange County, California 6 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 best interests of said City that said 11 property be sold for the said sum of $ 361e'0 a -, and 12 WHEREAS, the price offered is just, fair and adequate 13 and is not disproportionate to the real value of the property 14 above described. 15 NOW, THEREFORE, BE IT RESOLVED: That said property be 16 sold to the said Charles C. Read and Lenore Read, husband and wife 17 for the sum of $ 300,e free and clear of all encumbrances, 18 subject to the taxes for the fiscal year 1940 -41 and unpaid 19 improvement assessments of record. Also subject to conditions, 20 restrictions and reservations of record. The Mayor and the City 21 Clerk are hereby authorized and directed to execute and deliver 22 a deed for said property to the said parties upon receipt of the 23 consideration above set forth. - 24 I hereby certify that the above and foregoing Resolution 25 was duly and regularly passed and adopted by the City Council of 26 the City of Newport Beach at a regular meeting thereof held on 27 the 7th day of October, 1940 by the following vote, to -wit: • 28 29 A YES, COUNCILMEN: REED CLAIRE ALLEN DROWN GORDON 30 I'OES, COUNCILMEN: NONE 31 . ABSENT, COUNCILMEN: NO a 32� II ZA TT Mayor - City of Newport Beach (S1' .