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11 <br />2 <br />fe 3 <br />4 <br />5 <br />6 <br />7 <br />• <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />v' <br />r, <br />RESOLUTION N01 <br />WHEREAS, GEORGE WILBUR AREY and ARTE CROSS AREY, husband <br />and wife, have this day offered to the CITY OF NEWPORT BEACH, the <br />sum of $150.00 for Lot 5, Block 234,' Lake Tract, in the City of <br />Newport Beach, as shown on a Map recorded in Book 4, page 13 of <br />Miscellaneous Maps, records of Orange County,' California; and <br />WHEREAS, the said price is a fair and adequate price <br />as and for the purchase price of said lot; and <br />WHEREAS, the City Council of the City of Newport Beach <br />deems that it is for the best interests of said City that said <br />property be sold for the said sum of $150.00; and <br />WHEREAS, the price offered is just, fair and adequate <br />land is not disproportionate to the real value of the property <br />labove described. <br />NOW, THEREFORE, BE IT $ESOLVED: That said property be <br />sold to the said George Wilbur Arey and Arts Cross Arey, husband <br />(wife, for the sun of $150.00, free and clear of all encumbrances, <br />subject to the second half of the taxes for the fiscal year 1940 -41, <br />and unpaid improvement assessments of record. Also subject to <br />conditions, restrictions and reservations of record. The Mayor <br />and the City Clerk are hereby authorized and directed to execute <br />and deliver a deed for said property to the said parties upon <br />receipt of the consideration above set forth. <br />BE IT FURTHER RESOLVED: That the sun of $15.00 be paid <br />to Ralph P. Maskey, as and for his commission for the negotiating o <br />the sale of said real property to George Wilbur Arey and Arts Cross <br />Arey, his wife, as joint tenants, said sun being a fair and reason- <br />able commission to be allowed in said sale, and said broker being <br />a licensed realtor of the City of Newport Beach. <br />