HomeMy WebLinkAbout2044 - Sale of Property to James & Elaine Stewart1�
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RESOLUTION NOIb
WHEREAS, JAMES D. STEWART and ELAINE C. STEWART, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $200.00 for Lot 9, Block B, Tract 673, in the City of
Newport Beach, as shown on a Map recorded in Book 20, pages 17 and
18 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 $200.00; 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 James D. Stewart and Elaine C. Stewart, husband
and wife, for the sum of $200.00, free and clear of all encumbrance ,
subject to the teeondfhalfhof the taxes for the fiscal year 1940 -41
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
�Ideliver a deed for said property to the said parties upon receipt
11of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $20.00 be paid
to H. Cardoca Sloan, as and for his commission for the negotiating
of the sale of said real property to James D. Stewart and Elaine C.
Stewart, husband and wife, as joint tenants, said sum being a fair
Iand 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 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
2nd day of December, 1940, by the following vote, to -wit:
A'1' J:L�'b"1'
AT o
Daity Clerk
A YES, COU N"MOX"M: REED MIRE MM
BROWN GORDON
0ES, COUNCILM -M: NONE
,LBSENT, COUNCILMEN: NDNE