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HomeMy WebLinkAbout1734 - Sale of Property to John & Margaret Servicei 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.� 1 U WHEREAS, JOHN R. SERVICE and MARGARET A. SERVICE, hus and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $150.00 for Lot 22, Block 233, Lake Tract, in the city of Newport Beach, as shown on 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 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 x$150.00; and WHEREAS, the price offered is just, fair and adequate is not disproportionate to the real value of the property labove described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said John R. Service and Margaret A. Service, husband and wife, for the sum of $150.00, free and clear of all encumbrances, subject to the second half of taxes for the fiscal year 1939 -40, and unpaid improvement assessments of record. 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 $15.00 be paid to Eugene Elliott as and for his commission for the negotiating of the sale of said real property to John R. Service and Margaret A. Service, 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. 1 2 3 4 5. 6 7 8 10 11 12 13% 14 15 `36` 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 I hereby certify that the above and 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 February, 1940 by the following vote, to -wit: Wm YFS C ,;i'" "ar": G"`E`�WAN P!A­4 yrtiTred ABSENT, r _A