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HomeMy WebLinkAbout1640 - Sale of Property to LL & Helen Isbellw ♦T, 0 1 2 3 4 5 6 7 8. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23. 24 25 26 27 28 .- 29 30 3.1 32- m . .r RESOLUTION NO. WHEREAS, L. L. ISBELL and HELEN M. ISBELL, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $1200.00 for Lots 5, 6, 7 and 8, Block 431, Lancaster Addition in the City of Newport Beach, as shown on Map recorded in Book 5, page 14 of Miscellaneous Maps, records of Orange County, California; and WHEREAS, the said price is a fair and adequate price as and for the purchase price of said lots; and WHEREAS, the City Council of the City of Newport Beach deems that it is for the best interests of said City that said property be sold for the said sum of $1200.00; and WHEREAS, the price offered is just, fair and adequate and is not disproportionate to the real value of the property above described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said L. L. Isbell and Helen M. Isbell, husband and wife, for the sum of $1200.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1939 -40 and unpaid improvement assessments of record. Also subject to conditions, restrictions and reservations of record. The Mayor and the City (Clerk are hereby authorized and directed to execute and deliver a deed for said property to the said parties upon receipt of the consideration above set forth. I hereby certify that the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach at a regular meeting thereof held on the 7th day of August, 1939 by the following vote, to -wit: ST City C MkM WILUAP: +SON _75)f, V/" I t6wgvA / Mayor I City of Newport Beach