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e <br />RESOLUTION N0. 10 <br />1 WHEREAS, Hugh A. Eatus, a single man, has this day <br />2 offered to the CITY OF NEWPORT BEACH, the sum of $10,000.00 for <br />3 Lots 2, 39 4, 5, 6, 7 and S. Block 22, Newport Beach Tract, in <br />4 the City of Newport Beach, as shown on a Map recorded in Book 3, <br />5 iPage 26 of Miscellaneous Mapa, records of Orange County, <br />6 California; and <br />7 WHEREAS, the said price is a fair and adequate price <br />8 as and for the purchase price of said lot; and <br />9 WHEREAS, the City Council of the City of Newport Beach <br />10 deems that it is for the beat interests of said City that said <br />11 property be sold for the said sum of $10,000.00, and <br />12 WHEREAS, the price offered is dust, fair, and adequate <br />13 and is not disproportionate to the real value of the property <br />14 above desefibed. <br />15 NOW, THEREFORE, BE IT RESOLVED: That said property be <br />16 sold to the said Hugh A. Estus, a single man, for the sum of <br />17 $10,000.00, free and clear of all encumbrances, subject to the <br />18 second half of 1944 -45 taxes. Also subject to conditions, re- <br />19 strictions and reservations of record. The Mayor and the City <br />20 Clerk are hereby authorized and directed to execute and deliver <br />21 a deed for the said property to the said party upon receipt of <br />22 the consideration above set forth. <br />23 I hereby certify that the above and foregoing Resolution <br />24 as duly and regularly g y passed and adopted by the City Council of <br />25 the City of Newport Beach, at a regular meeting thereof held on <br />26 b the following vote to -wit: <br />the 2nd day of January, 1945, y g , <br />27 <br />T' t ...::: ALLEN M <br />28 ISSELL REED HALL <br />29 I, _� L,....... 7 t, I e Q STANLEY <br />30 lr: N�a;; G �:: ��1:.:�id: NONE <br />31 <br />32 or o $ e UltY OT Newporl5ea <br />ST: <br />