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HomeMy WebLinkAbout467 - Ralph P Maskey Purchase0 • • ORDINANCE NO. 467 WHEREAS, Ralph P. Maskey, of the City of Newport Beach, Cali- fornia, has offered to purchase from the City of Newport Beach, a Municipal corporation of the sixth class of Orange County, California, all that certain real property situated in the City of Newport Beach, County of Orange, State of California, and more par- ticularly described as follows, to- wit: DESCRIPTION — LOT BLOCK TRACT 12 438 Canal Section 13 438 Canal Section 14 438 Canal Section 15 438 Canal Section 16 438 Canal Section 17 438 Canal Section 1 439 Canal Section 2 439 Canal Section 3 439 Canal Section 4 439 Canal Section 5 439 Canal Section 6 439 Canal Section 7 439 Canal Section 8 439 Canal Section 9 439 Canal Section 10 439 Canal Section 11 439 Canal Section 13 439 Canal Section 2 440 Canal Section 3 440 Canal Section 4 440 Canal Section 1 538 Canal Section 2 538 Canal Section 3 538 Canal Section 4 538 Canal Section 5 538 Canal Section 1 438 Canal Section 2 438 Canal Section 3 438 Canal Section 4 438 Canal Section 5 438 Canal Section 6 438 Canal Section 7 438 Canal Section 8 438 Canal Section 9 438 Canal Section 10 438 Canal Section 11 438 Canal Section 6 532 Canal Section tinder an agreement or option to purchase, at the prices and on the terms and under the conditions particularly set forth in said agree- ment or option to purchase, which said agreement or option is now on file in the office of the City Clerk of the City of Newport Beach, where the same may be inspected by all persons interested therein; and WHEREAS, it is the opinion and judgment of the City Council of the City of Newport Beach that the considerations offered by said Ralph P. Maskey, for the purchase of said real property is in all.ie- spects fair, just and adequate and that the best interests of said city of Newport Beach will be served by the execution and delivery of said agreement or option to pur- chase said real property, by the said Ralph P. Maskey, from the city of Newport Beach; and WHEREAS, it is likewise the opinion and judgment of the City Council of the city of Newport Beach that said agreement or option to purchase by said Ralph P. Maskey, of all of said property, upon the terms, conditions and Covenants set forth in said agree- ment or option to purchase, be executed by the City Council of the city of Newport Beach, within ten days from and after the time this ordinance shall take effect. NOW, THEREFORE, BE IT RESOLVED: That the public be notified through publication of this o= dinance, of the intention of the City Council of the city of New - nort Beach to execute said agree- ment or option to purchase, and to sell the real property in this ordi- nance described to 'the said Ralph P. Maskey, for the considerations in said agreement mentioned, and upon the terms and covenants thereof; and BE IT FURTHER RESOLVED: That the City Clerk of the city of Newport Beach shall cause this ordinance to be published once in NEWPORT NEWS, a newspaper of general circulation,' printed, published and circulated in the city of Newport Beach, and that this ordinance shall take effect and be in full force and effect thirty days after its passage. I hereby certify that the above and foregoing Ordinance was intro- duced at an adjourned regular meeting of the City Council of the city of Newport Beach, held on the 21st day of March, 1938, and was finally passed and adopted on the 4th day of April. 1938, bysaid City Council, at a regular meeting thereof, by the following vote. to -wit: AYES. COUNCILMEN: GOR- DON, CLAIRE, W H I T S O N, BROWN, WILLIAMSON. NOES. COUNCILMEN: None. ABSENT, COUNCILMEN:None. ATTEST:' - FRANIi L. RINEHART, City Clerk The above ordinance approved by me this 4th day of April, 1938. HARRY H. WILLIAMSON. Mayor of the city nl Newport Beach.