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HomeMy WebLinkAbout2433 - Sale of Property to H Cardoza & Lillian Sloan0 f 1 2 3 4 5 6 7 8 9 10 11 12 13 114 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 RESOLUTION NO. a,43 t) WHEREAS, H. CARDOZA SLOAN and LILLIAN C. BLOAN, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $125.00 for the Southeasterly 39 1/3 feet of Lots 20 and 22, in Block 431, Corona del Mar, in the City of Newport Beach, as shown on a Map recorded in Book 3, pages 41 and 42 of Miscell- aneous 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 $125.00; 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 the said H. Cardoza Sloan and Lillian C. Sloan, husband and wife, for the sum of $125.00, free and clear of all encumbran- ces, 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 property to the said parties upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $31.25 be paid to H. Cardoza Sloan, as and for his commission for the negotiating of the sale of said real property to H. Cardoza Sloan and Lillian C. Sloan, his wife, 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. t 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 I hereby certify that the above end foregoing Resolution 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 6th day of October, 1941, by the following vote, to -wit: .APES, COUNCEil10: REED ALLEN BROWN GORDON e Mayor of the City of Newport Beach