HomeMy WebLinkAbout1646 - Sale of Property to Arthur & Anna Wade-:J
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RESOLUTION NO.na,G1 0
WHEREAS, ARTHUR B. WADE and ANNA K. WADE, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $200.00 for Lot 69, Block A, Tract 673, in the city of
Newport Beach, as shown on Map recorded in Book 20, pages 17 and
18 of Miscellaneous Maps, records of Orange County, California;
WHEREAS, the said price is a 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 $200.00; 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 Arthur B. Wade and Anna K. Wade, husband and wife
for the sum of $200.00, free and clear of all encumbrances, subjec
to the taxes for the fiscal year 1939 -40. Also subject to conditi
restrictions 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 $20.00 be paid
to Hamasi Corporation as dnd for its commission for the negotiat
of the sale of said real property to Arthur B. Wade and Anna K.
Wade, 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.
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I hereby certify that the above and foregoing Resoluti
was duly and regularly passed and adopted by the City Council of
the city of Newport Beach at a regular meeting thereof held on
the 7th day of August, 1939, by the following vote, to -wit:
a .
4 YES, COUNCILMEN: GORDON CLAIRE IIa'91OM
BROWN WILLIAMiSON
,'DES, COUNCILMEN: NONE
ABSENT, COUNCILMEN: NONE