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HomeMy WebLinkAbout1786 - Sale of Property to Robert & Bessie Krost & Elisabeth Nelsont • 0 RESOLUTION NO. 1 2 WHEREAS, ROBERT BARRINGER KROST, BESSE BROWN KROST, and 3 ELISABETH CAROLINE NELSON, have this day offered to the CITY OF 4 NEWPORT BEAOH, the sum of $450.00 for Lot 14 and the Southwesterly 5 one -half of Lot 16, Block 139, Resubdivision of Corona del Mar, 6 in the City of Newport Beach, as shown on Map recorded in Book 4, 7 page 67 of Miscellaneous Maps, records of Orange County, Californi ; 8 and 9 WHEREAS, the said price is a fair and adequate price as 10 and for the purchase price of said lots; and 11 WHEREAS, the City Council of the City of Newport Beach 12 deems that it is for the best interests of said City that said 13 property be sold for the said sum of $450.00; and 14 WHEREAS, the price offered is just, fair and adequate 15 and is not disproportionate to the real value of the property 16 above described. 17 HOW, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said Robert Barringer KTOSt, Besse Brown Krost and 19 Elisabeth Caroline Nelson, for the sum of $450.00, free and clear 20 of all encumbrances, subject to the second half of taxes for the 21 fiscal year 1939 -40 and unpaid improvement assessments of record. 22 Also subject to conditions, restrictions and reservations of 23 record. The Mayor and the City Clerk are hereby authorized and 24 directed to execute and deliver a deed for said property to the 25 said parties upon receipt of the consideration above set forth. 26 BE IT FURTHER RESOLVED: That the sum of $45.00 be paid 27 to H. Cardoza Sloan, as and for his commission for the negotiating 28 of the sale of said real property to Robert Barringer Krost, Bess 29 Brown Krost and Elisabeth Caroline Nelson, each an undivided one - 30 third interest, said sum being a fair and reasonable commission t 31 be allowed in said sale, and said broker being a licensed realtor 32 11 of the City of Newport Beach. 1 I hereby certify that the above and foregoing Resolutio 2 was duly and regularly passed and adopted by the City Council of 3 theCity of Newport Beach at a regular meeting thereof held on 4 the let day of April, 1940 by the following vote, to -wit: 5 6 7 ^, COUNCILMEN: CORDON CLAIRE WHITSON 8 BROWN WILLIAMSON 9 COUNCILMEN: iruim ,dNT, COUNCILMEN: HONE 11 ATTE 12 Jau I Ci lerk ayor the City of JA 13 Newport Beac 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32