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1;f <br />c� <br />i <br />RESOLUTION NO.� <br />1 <br />WHEREAS, RICHARD H. ROGERS and ANN W. ROGERS, husband <br />2 <br />and wife, have this day offered to the CITY OF NEWPORT BEACH, the <br />3 <br />sum of $175.00 for Lot 15, Block 431, Lancaster Addition, in the <br />4 <br />city of Newport Beach, as shown on Map recorded in Book 5, page <br />5 <br />' <br />14 of Miscellaneous Maps, records of Orange County, California; an <br />6 <br />WHEREAS, the said price is a fair and adequate price as <br />7 <br />and for the purchase price of said lot; and <br />8 <br />WHEREAS, the City Council of the City of Newport Beach <br />9 <br />deems that it is for the best interests of-said City that said <br />10 <br />property be sold for the said sum of $175.00; and <br />11 <br />WHEREAS, the price offered is just, fair and adequate <br />12 <br />and is not disproportionate to the real value of the property <br />13 <br />above described. <br />14 <br />NOW, THEREFORE, BE IT,RESOLVED: That said property be <br />15 <br />sold to the said Richard H. Rogers and Ann W. Rogers, husband and <br />16 <br />wife, for the sum of $175.00, free and clear of all encumbrances, <br />17 <br />subject to the second half of taxes for the fiscal year 1939 -40 <br />18 <br />and unpaid improvement assessments of record. Also subject to <br />19 <br />conditions, restrictions and reservations of record. The Mayor <br />20 <br />and the City Clerk are hereby authorized and directed to execute <br />21 <br />and deliver a deed for to the said parties upon <br />22 <br />receipt of the consideration above set forth. <br />23 <br />I hereby certify that the above and foregoing Resolution <br />24 <br />was duly and regularly passed and adopted by the City Council of <br />25 <br />the City of Newport Beach at an adjourned regular meeting thereof <br />26 <br />held.on the 15th day of January, 1940, by the following vote, to -wi <br />27.._ <br />h <br />28 <br />C . 29: <br />30_. <br />31 <br />32 XT S T:` v <br />Ay/,',i, <br />v-ab W 1u vua <br />ATOES, CAL° <br />/gyp <br />41ti4 <br />y of Newpo <br />