HomeMy WebLinkAbout2859 - Sale of Property to Lankford & Norma Phebus1
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RESOLUTION NO. �v
WHEREAS, LANKFORD VIRGIL PHEBUS, JR. and NORMA JUNE
PHEBUS, husband and wife, have this day offered to the CITY OF
NEWPORT BEACH, the sum of $200.00 for Lot 16, Block 35, 1st
Addition to Newport Heights, in the City of Newport Beach, as
shown on a Map recorded in Book 4, page 94 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 $200.00; 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: Thatsaid property be
sold to the said Lankford Virgil Phebus, Jr. and Norma June Phebus,
husband and wife, for the sum of $200.00, free and clear of all
encumbrances, subject to the taxes for the fiscal year 1943 -44.
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 $20.00 be paid
to as and for his commission for the negotiating
of the sale of said real property to Lankford Virgil Phebus, Jr.
and Norma June Phebus, his wife, as joint tenants, said sum being
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 foregoing Resolution
was duly and regularly passed and adopted by the City Council of
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the City of Newport Beach at a regular meeting thereof held on
the 7th day of September, 1943, by the following vote, to -wit:
S
ULM ruff
ISML REED HALE.
Mayor of
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