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HomeMy WebLinkAbout2187 - Sale of Property to Lee & Ethel PoteetI RESOLUTION N4 4 1 WHEREAS, LEE 0. POTEET and ETHEL POTEET, have this day 2 offered to the CITY OF NEWPORT (EACH, the sum of 1 � 75.00 for Lot 3 81 Block 325, Lancaster Addition in the City of Newport Beach, as 4 shown on a Ma recorded in Book Map 5, page 14 of Miscellaneous Maps, 5 records of Orange County, California; and 6 WHEREAS, the said price is a fair and adequate price 7 as and for the purchase price of said lot; and 8 WHEREAS, the City Council of the City of Newport Beach 9 deems that it is for the best interests of said City that said 10 property be sold for the said sum of $175.00; and 11 WHEREAS, the price offered is just, fair and adequate 12 and is not disproportionate to the real value of the property 13 above described. 14 NOW9 THEREFORE, BE IT RESOLVED: That said property be 15 sold to the said Lee 0. Poteet and Ethel Poteet, husband and wife, 16 for the sum of $175.00, free and clear of all encumbrances, subject 17 to the taxes for the fiscal year 1941 -42 and unpaid improvement 18 assessments of record. Also subject to conditions, restrictions 19 and reservations of record. The Mayor and the City Clerk are 20 hereby authorized and directed to execute and deliver a deed for 21 said property to the said parties upon receipt of the considerttior 22 above set forth. 23 24 I hereby certify that the aboge and foregoing Resolution 25 was duly and regularly passed and adopted by the City Council of 26 the City of Newport Beach at an adjourned regular meeting thereof 27 held on the 28th day of April, 1941, by the following vote, to -wit] 4 YES, & � ��9P]�9@ i�E f�: REED CLAIRE ALLEN 28 BROWN GORDON 29 °l9 S, CWul "CIL III: NONE 30 .f:..tiimu f, COUNCILMEN: 91 ? 31 ' `c32 TEST: Mayor of the City of Newport Beal y erk