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HomeMy WebLinkAbout2414 - Sale of Property to Clarence & Fern LutesV- 0 l 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 RESOLUTION NO. WHEREAS, CLARENCE E. LUTES and FERN M. LUTES, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $50.00 for Lot 24, Block 44, River Section, in the City of Newport Beach, as shown on a Map recorded in Book 4, page 25 of Miscellaneous 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 $50.00; and WHEREAS, the price offered is dust, 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 Clarence E. Lutes and Fern M. Lutes, husband and wife, for the sum of 450.00, 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 parties upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $5.00 be paid to Ralph P. Maskey, as and for his commission for the negotiating of the sale of said real property to Clarence E. Lutes and Fern M. Lutes, his wife, as point 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. • r � 1 2 3 4 5 6 8 9 10 11 12 13 14 15 16 . 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 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 8th day of September, 1941, by the following vote, to -wit: AYFS, COUPI- s;iAEN: RE *0 CLAIRE ALLEN BROWN GORDON IMES, MUNCILF1aM: iw'eE ST :� Mayor of the City of Newport Beach