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HomeMy WebLinkAbout2019 - Sale of Property to John & H Wightman Reynolds• • 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 WHEREAS, JOHN F. REYNOLDS and H. WIGHTMAN REYNOLDS, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $300.00 for Lot 9 and the Southwesterly ten feet of Lot 11, Block 235, Corona del Mar, in the city of Newport Beach, as shown on a Map recorded in Book 3, pages 41 and 42 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 Beach deems that it is for the beat interests of said City that said property be sold for the said Bum of $300.00; 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 F. Reynolds and H. Wightman Reynolds, huaban and wife, for the Bum of $300.00, free anc clear of all encumbranc s, subject to the taxes for the fiscal year 1940 -41 and unpaid impro- vement asseasmentB of record. Also subject to conditions, reatric tionB 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 consider ation above Bet forth. BE IT FURTHER RESOLVED: That the Bum of $30.00 be paid to H. Cardoza Sloan, as and for his commission for the negotiating of the sale of said real property to John F. Reynolds and H. Wightman Reynolds, his wife, as joint tenants, said sum being a fair and reasonable commisBion to be allowed in said sale and Baid broker being a licensed realtor of the City of Newport Beach. 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 7th day of October, 1940 by the following vote, to -wit: rja'•r: y Cl 6 AMPS, COUNCILMEN: REED CLAIRE ALLEN BROWN GORDON NOEFS, COUNCILMEN: NONE ABSENT, COURCILMEN: NONE ..... ... , Mayor - City of Newport Beach