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HomeMy WebLinkAbout1563 - Sale of Property to John, Mildred & Ethel Nicholson1 I 61 5 RESOLUTION NO. 2 WHEREAS, JOHN H. NICHOLSON, MILDRED V. NICHOLSON and 3 ETHEL G. NICHOLSON, have this day offered to the CITY OF NEWPORT 4 BEACH, the sum of $1100.00 for Lots 104, 105, 106 and 107, in 5 Tract 949, in the city of Newport Beach, as shown on Map recorded 6 in Book 30, page 7 of Miscellaneous Maps, records of Orange Count 7 California; and 8 9 WHEREAS, the said price is a fair and adequate price 10 as and for the purchase price of said lots; 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 $1100.00; 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 18 be sold to the said John H. Nicholson, Mildred V. Nicholson, and 19 Ethel G. Nicholson, for the sum of $1100.00, free and clear of 20 all encumbrances, subject to the taxes for the fiscal year 1939 -4 21 and unpaid improvement assessments of record. Also subject to 22 conditions, restrictions and reservations of record. The Mayor 23 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 $110.00 be 27 paid to Gertrude A. Waldron, as and for her commission for the 28 negotiating of the sale of said real property to John H. Nicholsc 29 Mildred V. Nicholson, and Ethel G. Nicholson, as joint tendats, 30 said sum being a fair and reasonable commission tote allowed in 31 said sale, and said broker being a licensed realtor of the City 32 I of Newport I wport Beach. 1 2 • 3 • 4 5 6 7 8 9 10 12� ..... 13 - 14 15 16 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 2(5th day of February, 1939, by the following vote to —wit: --A pp NOES, COUNCILMEN: _ V,wfee� ABSENT, COUNCILMEN: p ATTEST: y Cler ayor — C y of Newport each