HomeMy WebLinkAbout2841 - Sale of Property to LJ & FLora Smitht
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RESOLUTION NO.- ft-1
WHEREAS, L. J. SMITH and FLORA MAY SMITH, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the sum
of $800.00 for Lot 1, Block 2, Newport Bay Tract, in the City of
Newport Beach, as shown on a Map recorded in Book 4, page 16 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 $900.00; and
WHEREAS, the price offered is just, fair and adequate
and is not disproportionate to the real value cff the property
above described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said L. J. Smith and Flaa May Smith, husband and wife,
for the sum of $800.009 free and clear of all encumbrances,
subject to the taxes for the fiscal year 1943 -44, and unpaid
improvement assessments of record. 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 saidproperty to the said parties upon receipt of the
consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $80.00 be paid
to Frank Tricksy, as and for his commission for the negotiating of
the sale of said real property to L. J. Smith and Flora May Smith,
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.
I hereby certify that the above and foregoir,g Resolution
was duly and regularly passed and adopted by the City Council of
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the City of Newport Beach at an adjourned regular meeting thereof
held on the 9th day of August, 1943, by the following vote, to -wit:
ISIA9L REED HALL.
Z: A! 0!"
Zy o bf, the- y of Newport Beach