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HomeMy WebLinkAbout1658 - Sale of Property to Elvin Graingert 1 + RESOLUTION NO. � 2 WHEREAS, ELVIN B. GRAINGER, a single man, has this 3 day offered to the CITY OF NEWPORT BEACH, the sum of $125.00 for 4 Lot 2, Block 139, Canal Section, in the city of Newport Beach, as 5 shown on Map recorded in Book 4, page 9$ of Miscellaneous Maps, 6 records of Orange County, California; and 7 WHEREAS, the said price is a fair and adequate price 8 as and for the purchase price of said lot; and 9 WHEREAS, the City Council of the City of Newport Beach 10 deems that it is for the best interests of said City that said 11 property be sold for the said sum of $125.00; and 12 WHEREAS, the price offered is just, fair and adequate 13 and is not disproportionate to the real value of the property 14 above described. 15 NOW, THEREFORE, BE IT RESOLVED: That said property 16 be sold to the said Elvin B. Grainger, a single man, as his 17 separate property, for the sum of $125.00, free and clear of all 18 encumbrances, subject to the taxes for the fiscal year 1939 -40, 19 and unpaid improvement assessments of record. Also subject to 20 conditions, restrictions and reservations of record. The Mayor 21 I and the City Clerk are hereby authorized and directed to execute 22 11 and deliver a deed for said property to the said party upon 23 receipt of the consideration above set forth. 24 BE IT FURTHER RESOLVED: That the sum of $12.50 be 25 I� paid to H. M. Lane, as and for his commission for the negotia 26 27 28 29 30 31 32 of the sale of said real property to Elvin B. Grainger, a single man, as his separate property, 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. Ak 15 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 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 4th day of September, 1939 by the following vote, to -wit: AYES, COUNCILMEN: GORDON CLAIRC GROWN WILLIA SE&I NOES, COUNCILMEN: MONO .A ,BBENT, COUNCiLhim WHITSON PTEST: Lty C _erk Mayorf City of Newport Beach