HomeMy WebLinkAbout1641 - Sale of Property to Lew Wallaceb
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RESOLUTION NO,
WHEREAS, Lew H. Wallace, whose wife's name is Theresa
M. Wallace, of Newport Beach,.California, has this day offered to
the City of Newport Beach the sum of Sixty and no /100 ($60.00)
Dollars, for the following described real property situated in
the City of Newport Beach, County of Orange, State of California,
to -wit:
Lots Eight (8), Ten (10) and Eleven (11), Block
Two Hundred- Thirty (230), Lancaster's Addition,
as shown on a Map recorded in Book 5, page 11F of
Miscellaneous Maps, records of Orange County,
California.
Lots Eleven (11) and Twelve (12), Block 13; Lot
Seven (7), Block Twenty -three (23), all of First
Addition to Newport Heights, as shown on a Map
recorded in Book 4, page 94 of Miscellaneous Maps,
records of Orange County, California.
Subject to covenants, conditions, reservations
and restrictions of record.
WHEREAS, said price offered is in accordance with a
certain agreement made and entered into by and between the City
of Newport Beach, as party of the first part, and Lew H. Wallace,
as party of the second part, which agreement is dated the 20th
day of February, 1939, and is on file in the office of the
City Clerk of the City of Newport Beach, reference being made
thereto for further particulars, and the same is by such refer -
ence made pL part hereof; and
WHEREAS, the City Council of the City of Newport
Beach deems that the price offered under said agreement and as
aforesaid is the fair market price of said property at the pres-
ent time; and
WHEREAS, the City Council of the City of Newport
IlBeach deems that it is for the best interests of said City that
said property be sold for the said sum and in accordance with
said agreement aforesaid.
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t6
NOW, THEREFORE, be it resolved that the Mayor and City
Clerk of the City of Newport Beach be authorized, directed, and
instructed to sign and execute a deed to the above described
property to the said Lew H. Wallace, whose wife's name is Theresa
M. Wallace.
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:
i�ES, CbU41CIlPAEId: 60ROON CLwIRE WHITSON
6" 4�E II WIMAMSON
JQES, COUPICIL�I�4V: b��sde
,443SEIVTt COIIi QUIEN' NONE
41w,
Mayor - tTity of Newport Beach