HomeMy WebLinkAbout2997 - Sale of Property to Joseph & Josephine Payne1
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RESOLUTION NO .'�JP"
WHEREAS, JOSEPH C. PAYNE and JOSEPHINE D. PAYNE, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $235.00 for Lot 15, Block 24, First 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
1 property be sold for the said sum of $275.00; and
WHEREAS, the price offered is just, fair and adequate
Hand is not disproportionate to the real value of the property
Ilabove described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said Joseph C. Payne and Josephine D. Payne, husband
and wife, for the sum of $275.00, free and clear of all encumbran-
ces, subject to the second 'half of the taxes for the fiscal year
1943 -44. Also subject to conditions, restrictions and reservation
of record. The Mayor ad 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 $50.00 be paid
to A. B. Rousselle, as and for his commission for the negotiating
of the sale of said real property to Joseph C. Payne and Josephine
D. Payne, 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 Resolution
Iwas duly and regularly passed and adopted by the City Council of
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'll2 the City of Newport Beach at a regular meeting thereof held on the
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3 33rd day of April, 1944, by the following vote, to -wit:
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5 ALLEN 11
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6 RED HALL
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11 i %T ST: Mayor of e City of Newport Beach
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ty Clerk
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