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HomeMy WebLinkAbout2018 - Sale of Property to C Lloyd & Mary Munson00 r � 1 2 3 4 5 6 7 8 9 10 11 12 13 14 RESOLUTION NO WHEREAS, C. LLOYD MUNSON and MARY E. MUNSON, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $225.00 for Lot 15, Block 329, Lancaster Addition in the City of Newport Beach, as shown on a Map recorded in Book 5, page 14 of Miscellaneous Maps, records of Orange County, California;and 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 Beac deems that it is for the best interests of said City that said property be sold for the said sum of $225.00; 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 15 bDa sold to the said C. Lloyd Munson and Mary E. Munson, husband 16 and wife, for the sum of $225.00, free and clear of all encumbranc 61. 17 subject to the taxes for the fiscal year 1940 -41 and unpaid impro- 18 vement assessments of record. Also subject to conditions, restric - 19 ions and reservations of record. The Mayor and the City Clerk are 20 lihereby authorized and directed to execute and deliver a deed for 21 Ilsaid property to the said parties upon receipt of the considerati 22 above set forth. 23 BE IT FURTHER RESOLVED: That the sum of $22.50 be 24 aid to Ralph Maskey as and for his commission for the negotiating 25 f the sale of said real property to C. Lloyd Munson and Mary E. 26 unson, his wife, as joint tenants, said sum being a fair and 27 jreasonable commission to be allowed in said sale, and said broker 28 sing a licensed realtor of the City of Newport Beach 29 I hereby certify that the above and foregoing 30 esolution was duly and regularly passed and adopted by the City 31 ouncil of the City of Newport Beach at a regular meetin# thereof 32 • 1 2 3 4 5 6 8 9 �' 11 'l2 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 held on the 7th day of October, 1940 by the following vote, to -wit: A YES, COURCILMEN: REED CLAIRE ALLEN BROWN GORDON FOES, COUNCILMEN: NONE ABSENT, COUNCILMEN: NONE I %� Mayor - City of Newport Beacfi T.' R .