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HomeMy WebLinkAbout1641 - Sale of Property to Lew Wallaceb 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 go 25 26 27 28 29 30 31 32 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. -1- .i f b 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18� 19 21 22 23 24 25 26 27 28 29 30 31 32 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