HomeMy WebLinkAbout2363 - Sale of Property to Charles Otey & Clarence McCulloch4.
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RESOLUTION NO. c i
WHEREAS, CHARW WILLIAM OTEY and CLARENCE jcCULLOCH,
have this day offered to the CITY OF NEI "iPORT BEACH, the suai:Of
$350.00 for Lots 1 and 2, Block 325, 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; an
WHEREAS, the said price is a fair and adequate price
as and for the purchase price of said lots; 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 - 1350.00; 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 Charles William Otey and Clarenoe McCulloch, for the sum o.
$350.00, free and clear of all encumbrances, subject to the taxes
for the fiscal year 1941 -42. Also subject to conditions,
restrictions 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 party upon receipt of the
consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $35.00 be
paid to Louis W. Briggs, as and for his commission for the
negotiating of the sale of said real property to Charles Willirm
Otey and Clarence McCulloch, as joint tenants, 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.
u
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M r..♦
1 I hereby certify that the above and foregoing
2 Resolution was duly and regularly passed and adoiDted by the City
3 Council of the City of Newport Beach at a regular meeting thereof
4 held on the 7th day of July, 1941, by the following vote, to —wit:
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7 A. T r ! �t ii(9ia'i:i; RFED CLAIRE ALLEN
8 URUWN GORDON
ALSLWT, Cup;:.: &MEN: NONE y
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Mayor of the City of Newport Beach
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15 C A
C ty Clerk
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