HomeMy WebLinkAbout2050 - Sale of Property to Edward Allen•
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RESOLUTION NO.
WHEREAS, EDWARD G. ALLEN, a single man and MARTHA J.
ALLEN, a widow, have this day offered to the CITY OF NEWPORT BEACH
the sum of $400.00 for the Northeasterly 20 feet of Lot 19, and
the Southwesterly 20 feet of Lot 21,' in Block 1399' Resubdivision
of Corona del Mar, as shown on a Map recorded in Book 4, page 67
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 $400.00; 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 Edward G. Allen and Martha J. Allen, for the
sum of $400.00, free and clear of all encumbrances, subject to
the second half of 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 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 $40.00 be
paid to Earl W. Stanley, as and for his commission for the
negotiating of the sale of said real property to Edward G1 Allen,
a single man, and Martha J. Allen, a widow, 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.
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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 an adjourned regular
meeting thereof held on the 16th day of December, 19400 by the
following vote, to -wit:
AYES, COUNCILMEN: REED CL►IRE
BROWN CORDON
NOES, COU ICIL €AEN: NONE
ABSENT, COUNCILMEN: NONE _ ..
of the City of Newpor