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HomeMy WebLinkAbout2410 - Sale of Property to Gustav & Hazel FehrenbachE 11 1 RESOLUTION NO <' 2 3 WHEREAS, GUSTAV J. FEHRENBACH and HAZEL P. FEHRENBACH, 4 husband and wife, have this day offered to the CITY OF NEWPORT 5 BOACH, the sum of $$150.00 for Lot 13, Block 635, Corona del Mar, 6 in the City of Newport Beach, as shown on a Map recorded in Book 7 3, pages 41 and 42 of Miscellaneous Maps, records of Orange 8 County, California; and 9 WHEREAS, the said price is a fair and adequate price 10 as and for the purchase price of said lot; and 11 WHEREAS, the City Council of the City of Newport Beach 12 deems that it is for the best interests of said City that said 13 property be sold for the said sum of $$150.00; and 14 WHEREAS, the price offered is just, fair and adequate 15 and is not disproportionate to the real value of the property 16 above described. 17 NOW, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said Gustav J. Fehrenbach and Hazel P. Fehrenbach, 19 husband and wife, for the sum of $150.00, free and clear of all 20 encumbrances, subject to the taxes for the fiscal year 1441 -42 and 21 unpaid improvement assessments of record. Also subject to conditi 22 restrictions and reservations of record. The Mayor and the City 23 Clerk are hereby authorized and directed to execute and deliver a 24 deed for said property to the said parties upon receipt of the 25 consideration above set forth. 26 BE IT FURTHER RESOLVED: That the sum of $37.50 be paid 27 to C. E. De Witt, as and for his commission for the negotiating 28 of the sale of said real property to Gustav J. Fehrenbach and 29 Hazel P. Fehrenbach, his wife, as joint tenants, said sum being a 30 fair and reasonable commission to be allowed in said sale, and 31 said broker being a licensed realtor of the City of Newport Beach. 32 I ' 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 I 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 1st day of September, 1941, by the following vote, to -wit: Ayr,;' COUNCILMEM: REED CLAIRE A11M DROwK GORDON NGEi, CUVICCLMEN: NONE ABSENT, MUNCILMEN. NOW .+ ayor oP the City of Newport Beach