HomeMy WebLinkAbout1468 - Sale of Property to Henry Morgan1
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RESOLUTION NO.i
WHEREAS, HENRY W. MORGAN, has this day offered to the
CITY OF NEWPORT BEACH, the sum of $150.00 for Lot 8, Block 740,
Corona del Mar, in the city of Newport Beach, as shown on Map
recorded in Book 3, pages 41 and 42 of Miscellaneous Maps, recorde
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
property be sold for the said sum of $150.00; and
WHEREAS, the price offered is just, fair and adequate
and is not disproportionate to the realtvslne of the property
above described.
NOW, THEREFORE, BE IT RESOLVED: That said property
be sold to the said Henry W. Morgan, as his separate property,
for the sum of $150.00, free and clear of all encumbrances,
subject to the second half of taxes for the fiscal year 1939 -39,
and unpaid improvement assessments of record. Also subject to
conditions, restrictions and reservations of record. And 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 $15.00 be
paid to H. Cardoza Sloan, as and for his commission for the
negotiating of the sale of said real property to Henry W. Morgan,
said sum being a fair and reasonable commission 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
2 Resolution was duly and regularly gu y paeaed and adopted by the
?+ 3 City Council of the City of Newport Beach at an adjourned regular
4 meeting thereof, held on the 16th day of January, 1939, by the
5 following vote, to —wit:
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Ay ES, C
NOES, COUNCILMEN:_
ABSENT, COUNCILMEN:
or oif the c