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HomeMy WebLinkAbout3058 - Sale of Property to Benjamin & Beatrice HammondA 1 2 3 4 5 6' 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 RESOLUTION NO WHEREAS# Benjamin Hammond and Beatrice Hammond, husband and wife as joint tenants, have this day offered to the CITY OF NE17PORT BEACH, the sum of ,300.00 for Lot 9, Block 29, First Addition to Newport Heights, in the City of Newport Beach, as shown on a Map recorded in Book 4, Page 94, of Miscellaneous Haps, 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 rJHEREAS, the City Council of the City of Newport IBeach deems that it is for the best interests of the said City that said property be sold for the said sum of 0300.00 and WHEREAS, the price offered is just, fair and adequate and is not disproportionate to the real value of the property above described. VOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Benjamin Hammond and Beatrice Hammond, husband and wife, as joint tenants, for the sum of 0300.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1944 -45. 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 the said property to the said parties upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of 050.00 be paid to U. J. Holcomb, as and for his commission for the negotiating of the sale of said real property to Benjamin Hammond and Beatrice Hammond, husband and 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 was duly and regularly passed and adopted by the City 4 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 49 20 21 22 23 24 25 26 27 28 29 30 31 32 Council of the City of Newport Beach at a regular meeting thereof held on the 3rd day of July, 1944, by the following vote, to -wit2 ATTEST; J.amu.iE , G1LL112 c %'xLL ..ELSE. , NONE STANLEY W i]R,iLz �o Mayor of thl City of Newport Beao .s