HomeMy WebLinkAbout1544 - Sale of Property to Edwin & Adelaide Corbin32
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RESOLUTION N0. l5
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WHEREAS, EDWIN H. CORBIN and ADELAIDE N. CORBIN, husband
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and wife, have this day offered to the CITY OF NEWPORT BEACH, the
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sum of $400.00 for Lot 80, Tract 948, in the city of Newport
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Beach, as shown on Map recorded in Book 30, page 7 of Miscellaneo
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Maps, records of Orange County, California; and
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WHEREAS, the said price is a fair and adequate price as
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and for the purchase price of said lot; and
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WHEREAS, the City Council of the City of Newport Beach
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deems that it is for the best interests of said City that said
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property be sold for the said sum of $400.00; and
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WHEREAS, the price offered is just, fair and adequate
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and is not disproportionate to the real value of the property
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above described.
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NOW, THEREFORE, BE IT RESOLVED: That said property
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be sold to the said Edtin H. Corbin and Adelaide N. Corbin,
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husband and wife, for the sum of $400.00; free and clear of all
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encumbrances, subject to the taxes for the fiscal year 1939 -40
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and unpaid improvement assessments of record. Also subject to
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conditions, restrictions and reservations of record. The Mayor
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and the City Clerk are hereby authorized and directed to execute
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and deliver a deed for said property to the said parties upon
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receipt of the consideration above set forth.
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BE IT FURTHER RESOLVED: That the sum of $40.00 be
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paid to Gertrude A. Waldron, as and for her commission for the
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negotiating of the sale of said real property to Edwin H. Corbin
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and Adelaide N. Corbin, his wife, as joint tenants, said sum
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being a fair and reasonable commission to be allowed in said sale;
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and said broker being a licensed realtor of the City of Newport
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Beach.
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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 2.rjth day of February, 1939,
by the following vote, to -wit:
NOES, COUNCILMEN: B Y�er
ABSENT, COUNCILMENTp
TTEST:
ity Clerk
Mayor f- City of Newport Beach
.,