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HomeMy WebLinkAbout2251 - Sale of Property to George & Cornella Archer1 I RESOLUTION NO.�� 2 WHEREAS, GEORGE E. ARCHER and CORNELIA E. ARCHER, husband 3 and wife, have this day offered to the CITY OF NEWPORT BEACH, the 4 sum of $550.00 for Lot 2, Block 329, Corona del Azar, in the City of 5 Newport Beach, as shown on a Map recorded in Book 3, pages 41 and 4 .6 of Miscellaneous Maps, 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 10 WHEREAS, the City Council of the City of Newport Beach 11 deems that it is for the best interests of said City that said 12 property be sold for the said sum of $550,00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property 15 above described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property be 17 sold to the said George E. Archer and Cornelia E. Archer, husband R 18 and wife, for the sum of $550.00, free and clear of all encumbran- 19 ces, subject to the taxes for the fiscal year 1941 -42 and unpaid 20 improvement assessments of record. Also subject to conditions, 21 restrictions and reservations of record. The Mayor and the City 22 Clerk are hereby authorized and directed to execute and deliver a 23 deed.for said property to the said parties upon receipt of the 24 consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $137.50 be paid 26 to.Earl Stanley, as and for his commission for the negotiating of 27 the sale of said real property to the said George E. Archer and 28 Cornelia E. Archer, his wife, as joint tenants, said sum being a 29 fair and reasonable commission to be allowed in said sale and 30 said broker being a licensed realtor of the City of Newport Beach. 31 32 i 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 .. 4 I hereby certify that the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach at an adjourned regular meeting thereof held on the 19th day of May, 1941, by the following vote, to -wit: y e 1� �+r+�; :;,�,� .yn.�. RE£9 . ALIT A E , Ca ' .: iei..E4. BRO�G GORDON hook ABSBlk3', GU NC 900 ewpor