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HomeMy WebLinkAbout2503 - Sale of Property to Ray & Violette Copelint ti ._ 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 N0.' WHEREAS, RAY Y. COPELIN and VIOLETTE B. COPELIN, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $175.00 for Lot 3.1, Block 141, Canal Section, in the City of Nea*nort Beach, as shown on a Map recorded in Book 4, pale 98 of Miscellaneous Naps, 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 5175.00; and WHFRFA.S, 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 Ray Y. Copelin and Violette B. Copelin, husband and wife, for the sum of 0175.00, free and clear of all encumbran- ces, subject to the second half of the taxes for the fiscal year 1941 -42. Also subject to conditions, restrictions and reservation 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 ret forth. BE IT FURTHER RESOLVED: That the sum of 417.50 be paid to Ralph P. Maskey, as and for his commission for the negotiating; of the sale of said real property to Ray Y. Copelim and Violette B. Copelin, 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 i7 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 December, 1941, by the following vote, to -wit: TEST y -'/ 1 Mayor of the City of Newport Beach