HomeMy WebLinkAbout3045 - Sale of Property to Wesley & Phylis Libbyt
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RESOLUTION NO D era
WHEREAS, Wesley H. Libby and Phylis C. Libby, husband
and wife as Joint tenants, have this day of fered the City of
Newport Beach, the sum of $275.00 for Lot 20, Block 133 Lake
Tract, in the City of fiewport Beach, as shown on a Map recorded
in Book 4, page 13 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 Newport Beach deems that
it is for the best interests of said City that said property be
sold for the said sum of $275.00; 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 Wesley H:• Libby and Phylis C. Libby, husband
and wife as Joint tenants, for the sum of $275.00, free and clear
of all encumbrances, subject to the taxes for the fiscal year
1944 -45. Also, subject to conditions, restrictions and reserva-
tions of record. The Mayor and the City Clerk are hereby author-
ized and directed to execute and deliver a deed for the 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
negotiation of the sale of said real property to Wesley H. Libby
and Phylis C. Libby, husband and wife as joint tenants, the 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.
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I HEREBY CERTIFY that the foregoing Resolution was
duly and regularly passed and adopted by the City Council of the
City of Newport Beach, at a regular meeting thereof held on the
5th day of June, 1944, by the following vote, to -wit:
AMq CWtw12Mn: ALLM STANLEY
ISBELL REED NIJLL
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