HomeMy WebLinkAbout2229 - Sale of Property to Marion King=u .
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RESOLUTION NO. I7-g
:WHEREAS, MARION LOUISE KING a married woman, has this
flay offered to the CITY OF NEWPORT BEACH, the sum of $25.00 for
Lot 20, Block 636, Corona del Mar, in the City.of Newport Beach,
as shown on a Map recorded in Book j, pages 41 and 42 of Miscell-
aneous.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 best interests of said City that said
property be sold for the said sum of $25.00; and
I- PEREAS, 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 Marion Louise King, a married woman, for the
sum of $25.00, free and clear of all encumbrances, subject to
the taxes for the fiscal year 1941 -42 and unpaid improvement
assessments of record. Also subject to conditions, restrictions
and reservatmons 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 party upon receipt of the consider-
ation above set forth.
BE IT FURTHER RESOLVED: That the sum of $6.25 be paid
to Hal Will Smith, as and for his commission for the negotiating
of the sale of said real property to Marion Louise King, a
married woman, 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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2 I hereby certify that the above and foregoing Resolution
3 was duly and regularly passed and adopted by the City Council of
4 the City of Newport Beach at a regular meeting thereof held on
5 the 5th day of May, 1941 by the following vote, to -wit:
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7 AYF,S, COUNCILMEN: REED CLAIRE ALLEN
8 BROWN GORDON
9 NOES, COUNCILMEN: NONE
10 ABSEIVTO i;0014CIL61EN: NONE
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13 Mayor of the City of Newport Beach
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15 ity Clerk
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