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HomeMy WebLinkAbout1541 - Sale of Property to Arthur & Laura Bishop1 I RESOLUTION NO. 2 3 I WHEREAS, ARTHUR U. BISHOP and LAURA MARIE BISHOP, • 4 husband and wife, have this day offered to the CITY OF NEWPORT 5 BEACH, the sum of $1050.00 for Lots 34, 35. 90 and 91, Tract 6 948, in the City of Newport Beach, as shown on Map recorded in 7 Book 30, page 7 of Miscellaneous Maps, records of Orange County, 8 California} and 9 WHEREAS, the said priee 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 for the said sum of $1050.00; and 14 WHEREAS, the price offered is just, fair and adequate 15 and is not disproportionate to the real value of the property 16 above described. 17 NOW, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said Arthur U. Bishop and Laura Marie Bishop, husband 19 and wife, for the sum of $1050.00, free and clear of all encumb- 20 rances, subject to the taxes for the fiscal year 193940 and 21 unpaid improvement assessments of record. Also subject to 22 conditions, restrictions and reservations of record. The Mayor 23 II and the City Clerk are hereby authorized and directed to execute 24 and deliver a deed for said property to the said parties upon 25 receipt of the consideration above set forth. 26 BE IT FURTHER RESOLVED: That the sum of $105.00 be 27 paid to L. W. Briggs, as and for his commission for the negotiat • 28 of the sale of said real property to Arthur U. Bishop and Laura 29 Marie Bishop, his wife, as joint tenants, said sum being a fair 30 and reasonable commission to be allowed in said sale, and said 31 broker being a licensed realtor of the City of Newport Beach. 32 1 2 3 4 5 6 7 8 9 10 11 12 13 i 14 15 W., 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 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 25th day of February, 1939 by the following vote, to -wit: NOES, COUNCILMEN: VI \g Pter ABSENT, COUNCILMEN:pp�� ity Clerk Mayor tf the City of Newp rt Beach _3