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t <br />1 RESOLUTION N0. d <br />2 <br />3 WHEREAS9 C. 0. Nordin has offered the City of Newport Beacbg a <br />4 Municipal Corporation, the sum of$1,000 for a quit -claim deed of all the <br />5 City's right, title and interestin and to the certain real property situated <br />6 in the City of Newport Beach, Orange County, California, and more particularly <br />7 described as follows, to -wits <br />8 Lot 6, Block is of Tract 5199 <br />City of Newport Beach. <br />9 <br />10 and <br />11 WHEREAS, the consideration offered for said real property is, in the <br />12 consideration of the City Council of the C ity of Newport Beach, just, fair <br />13 and adequate and not disproportionate to the actual market valis of the <br />14 right, title and interest of the said City in and to said real property <br />15 heretofore described= and <br />16 WHEREAS, the City Council of the City of Newport Beach deems it to be <br />17 be for the best interests and benefit of said City that the City sell all <br />18 of its right, title and interest in and to the real property above - described to <br />19 the said C. 0. Nordin for the consideration of $1,00000; <br />20 NOW, TEEREPORE, BE IT RESOLVED that the Mayor and City Clark of the <br />21 City of Newport Beach be, and they are hereby directed, instructed and <br />22 authorised to execute said deed in the name of and of behalf of the <br />23 City of Newport Beach. <br />24 I hereby certify that the foregoing resolution was duly and regularly <br />25 passed and adopted by the City Council of the City of Newport Beach at a <br />26 regular meeting thereof held on the C day of February, 19+5, by the <br />27 followlag vote, to -wit: <br />28 AYES, COUNCILMEN% - 1´┐ŻOIA <br />29 <br />30 <br />ROES, COUNCILME6: -TAD-n Pi' <br />31 <br />ABSENT, CO MILMEN: nFb:V0Q---7 <br />32 <br />CRY clerk Mayor, City of Newport Beech. <br />