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HomeMy WebLinkAbout2896 - Sale of Property to Clarence & Laura Brown1 RESOLUTION NO. E' •, 2 WHEREAS, CLARENCE L. BROWN and LAURA C. BROWN, husband 3 and wife, have this day offered to the CITY OF NEWPORT BEACH, the 4 sum of $1500.00 for Lot 10 and Swly 10 feet of Lot 12, Block 136, 5 Re -SuV of Corona Del Mar, in the City of Newport Beach, as shown on a Map 6 recorded in Book 4 „ page 67 of Miscellaneous Maps, records of 7 Orange County, California; and 8 WHEREAS, the said price is a fair and adequate price as 9 and for the purchase price ofsaid lots; and 10 WHEREAS, the City Council of the City ofNewport Beach ll 12 deems that it is for the best interests of said City that said property be sold for the said sum of $1500.00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property 15 above described. 16 17 NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Clarence L. Brown and Laura C. Brown, husband and 18 wife, for the sum of $1500.001 free and clear of all encumbrances, 19 subject to the taxes for the fiscal year 1943 -44. Also subject to 20 conditions, restrictions and reservations of record. The Mayor 21 1 and the City Clerk are hereby authorized and directed to execute 22 and deliver a deed for said property to the said parties upon 23 receipt of the consideration above set forth. 24 25 BE IT FURTHER RESOLVED: That the sum of $150.00 be paid to W. J. Holcomb, as and for his commission for the negotiating 26 27 of the sale of said real property to Clarence L. Brown and Laura C. 28 Brown, his wife, as joint tenants, said sum being a fair and reasonable commission to be allowed in said sale, and said broker is 29 30 being a licensed realtor of the City of Newport Beach. 31 I hereby certify that the above and foregoing Resolution 32 1 was duly and regularly passed and a dopted by the City Council of o r 3 is 4 5 6 7 9 10 11 12 13 14- 15 17 13 19 20 21 22 23 24 25 26 27 28 29 30 31 32 the City of Newport Beach at a regular meeting thereof held on the 7th day of September, 1943, by the following vote, to —wit: A EST: ty Clerk ALLEN "'QU IS6ct t REED (WOE N (MIE .��" �1 X11 ly . - as HAU