HomeMy WebLinkAbout2930 - Sale of Property to Hector & Della GibbonsI
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RESOLUTION NO. Ml- o
i
WHEREAS, HECTOR L. GIBBONS, JR. and DELLA JUNE GIBBONS,
husband and wife, have this day offered to the CITY OF NEWPORT
BEACH, the sum of 450.00 for Lot 17 and the Sly I of Lot 19,
Block 637, Corona del Mar, in.the City of Newport Beach,. as shown
on a Map recorded in Book 3, pages 41 and 42 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 lots; 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 $450.00; 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: That said property be
sold to the said Hector L. Gibbons, Jr. and Della June Gibbons,
husband and wife, for the sum of $450.00, 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 $75.00 be paid
to W. J. Holcomb, as and for his commission for the negotiating
the sale of said real property to Hector L. Gibbons, Jr. and De
June Gibbons, 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 foregoing Resoluti
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 1st aay of November, 1943, by the following vote, to -wit:
MEP 10119 ISOM
REED HALL
fOUE
440ME
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