HomeMy WebLinkAbout2882 - Sale of Property to James & Laura Milne•
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RESOLUTION NO
WHEREAS, JAMES D. MILNE and LAURA MILNE, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the sum
of $325.00 for Lot 5, Block 60, Ocean Front Tract, in the City
of Newport Beach, as shown on a Map recorded in Book 4, page 12
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 $325.00; 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 James D. Milne and Laura Milne, husband and
wife, for
the
sum of
$325.00,
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
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 $50.00 be paid
to C. F. Dennison, as and for his commission for the negotiating
of the sale of said real property to James D. Milne and Laura
Milne, his wife, as point tenants, said sum being a fair and
reaeonable 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:
PI L EN rTIRK
Iss" 1_ REED
NNE
6 00 -E
HALE.
Mayor of the ity of Newport Beac
ST: )°