HomeMy WebLinkAbout2708 - Sale of Property to James & Elaine StewartEl
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RESOLUTION N0, n w t
WHEREAS, JAMES D. STEWART and ELAINE C. STEWART,
husband and wife, have this day offered to the CITY OF NEWPORT
BEACH, the sum of $250.00 for Lot 10, Block "B ", Tract 673,
Corona del Mar, in the City of Newport Beach, as shown on a
Map recorded in Book 20 pages 17/16 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 $250.00; and
WHEREAS, the price offered is just, fair and adequate
land is not disproportionate to the real value of the property
labove described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
lsold to the said James D. Stewart and Elaine C. Stewart, husband
and wife, for the sum of $250.00, free and clear of all
encumbrances, subject to the second half of the taxes for the
fiscal year 1942 -43, and unpaid improvement assessments of record.
lAlso subject to conditions, restrictions and reservations of
record. The Mayor and the City Clerk are hereby authorized and
ldirected 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 $62.50 be paid
to H. Cardoza Sloan, as and for his commission for the
negotiating of the sale of said real property to James D. Stewart
and Elaine C. Stewart, 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.
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I 1
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 18th day of January, 1943, by the
following vote, to —wit:
EST: t�
y Clerk
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Mayor of the_�City of Newport Beach