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HomeMy WebLinkAbout2279 - Sale of Property to Desmond & Bernice Stovalld_ 1 RESOLUTION 10. `�.`_jd 2 3 WHEREAS, DESt'OND H. STOVALL and BERNICE F. STOVALL, 4 husband and wife, have this day offered to the CITY CF N- 11,PORT 5 BEACH, the sum of $100.00 for Lot 14, Block 629, Corona del Mar, in the City of Newport Beach, as shown on a Map recorded in Book 6 7 3, pages 41 and 42 of miscellaneous ma;?s, records of Orange 8 County, California; and 9 WHEREAS, the said price is a fair and adequate price 10 as and for the purchase price of said lot; and 11 WHEREAS, the City Council of the City of Newport Beach deems that it is for the best interests of said City that said 12 property be sold for the said sum of $100.00; and 13 14 IM REAS, the price offered is just, fair and adequate 15 and is not disproportionate to the real value of the property 16 above described. 17 d0l, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said Desmond H. Stovall and Bernice F. Stovall, husban 19 and wife, for the sum of $100.00, free and clear of all encumbranc 20 subject to the taxes for the fiscal year 1941 -42 and unpaid 21 improve:ent assessments of record. Also subject to conditions, and 22 restrictionsend reservations of record. The Mayor,the City Clerk 23 are hereby authorized and directed to execute and deliver a deed 24 for said property to the said parties upon receipt of the 25 consideration above set forth. 26 BE IT FURTi_.R RESOLVED: That the sera of $25.00 be paid 27 to Earl W. Stanley, as and for ;:is commission for the negotiating 28 of the sale of said real property to Desezond H. Stovall and lb 29 3ernice F. Stovall, is wife, as joint tenants, said sum being 30 a fair and reasonable comission to be allowed in said sale and 31 said broker being a licensed realtor of the City of Newport Beach. 32 I 6N 1 2 I hereby certify that the above and foregoing Resolution 3 was duly regularly y and arl gu_ y passed and adopted by the City Council of 4 the City of Newport Beach at an adjourned regular meeting thereof 5 held on the 19th day of May, 1941, by the following vote, to -wit: e 7 s REED CLAIRE ALLEN 9 BROWN GORDON NQNf 11 NONE ----* 12 i" i 13 14 Liayor of the City of Newport Beach 15 TEST: 16 zty Clerk 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32