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HomeMy WebLinkAbout1079 - Sale of Property to William & Verna HamiltonA - . 1 RESOLUTION NO. • 2 � 3 WHEREAS, William Hamilton and Verna Mae Hamilton, 4 husband and wife, as joint tenants with the right of survivorship 5 have this day offered to the city of Newport Beach, the sum of 6 $175.00 for Lot Eleven (11) in Block 139, of "Canal Section, 7 Newport Beach ", as shown on a Map recorded in Book 4, page 98 8 of Miscellaneous Maps, Records of Orange County, California; and 9 WHEREAS, the said price is a fair and adequate price 10 as and for the purchase price of said lot; and 11 WHEREAS, the City Council of the City of Newport Beach 12 deems that it is for the best interests of said City that said 13 property be sold foi/the saidsum of $175.00; and 14 WHEREAS, the price offered is just, fair and adequate an 15 is not disproportionate to the real value of said property above 16 described. 17 NOW, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said William Hamilton and Verna Mae Hamilton, husband 19 and wife, as joint tenants with the right of survivorship, for 20 the sum of $175.00, free and clear of all encumbrances, except 21 second installment of taxes for the fiscal year 1936 -1937 and 22 unpaid public improvement assessments of record. Also subject 23 to conditions, covenants, reservations and restrictions of record 24 and 25 BE IT FURTHER RESOLVED: That the sum of $50.00 be paid 26 to H. 0. Barrett, as and for his commission for the negotiating 27 of the sale of said real property to William Hamilton and Verna 28 May Hamilton, his wife, as joint tenants, said sum being a fair 29 and reasonable commission to be allowed in said sale, and said 30 broker being a licensed realtor of the city of Newport Beach. 31 32 II -.1. -- LAW OFFICES OF ROLAND THOMPSON FIRST NATIONAL BANK BUILDING SANTA ANA. CALIFORNIA � 1 L • a II i v 1 2 3 4 5 6 7 8 9 10 11 12 13 34 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 LRW OFFICES OF ROLAND THOMPSON FIRST NATIONAL BANK BUILDING SANTA ANA. CALIFORNIA 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 an adjourned regular meeting thereof held on the 15th day of March, 1937, by the following vote, to -wit: COUNCILMENN 801= Ln,te- NOES, COUNCILMEN: ABSENT, COUNCILMEN: A E ; ty Qlerk - City of Newport Peach 4auL-46JUffWA 1 / Mdyor — City of Newport Beach