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HomeMy WebLinkAbout1554 - Sale of Property to John & Grace Hunt[3 t 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 RESOLUTION NO.�OS S WHEREAS, JOHN S. HUNT AND GRACE E. HUNT, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $275.00, for Lot 93, Tract No. 945, in the city of Newport Beach, as shown on Map recorded in Book 30, page 7, of miscell- aneous Maps, records of Orange County, California; and WHEREAS, the said price is d fair and adequate price as and for the purchase price of said lot; and WHEREAS, the City Council of the City of Newport Beach deems that it is for the best interests of said City that said property be sold for the said sum of $275.00; and WHEREAS, the price offered is just, fair and adequate and is not disproportionate to the real value of the property , above described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said John S. Hunt and Grace E. Hunt, husband and wife, for the sum of $275.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1939 -40, and unpaid improvement assessments of record. Also subject to conditions, restridtions and reservations of record. The Mayor and the City Clerk are hereby authorized and directed to execute and deliver a deed for said property to the said parties upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED; That the sum of $27.50 be paid to Harry Hyde, as and for his commission for the negotiating of the sale of said real property to John S. Hunt and Grace E. Hunt, his wife, as joint tenants, said sum being a fair and reasonable commission to be allowed in said sale, and said broker being a licensed realtor of the City of Newport Beach E? 1 2 3 4 6 7 8 9 10 _12 14 ;15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 a 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: / ` A &, COUNCLLM4z1� 1%. ATTEST: City C NOES, COUNCILMEN: ABSENT, COUNCILMEN: �pr� Qa6ycrJ- City of Newport Beach