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HomeMy WebLinkAbout2962 - Sale of Property to Forrest & Catherine Johnston1 RESOLUTION NO.� 2 WHEREAS, FORREST E. JOHNSTON and CATHERINE L. JOHNSTON, • 3 husband and wife have this day offered to the CITY OF NEWPORT 4 BEACH, the sum of $1100.00 for Lot 12, Block 438; Lot 17, Block 5 539; and Lots 3 and 5, Block 639; all in Corona del Mar, in the 6 City of Newport Beach, as shown on a Map recorded in Book 3, pages 7 41 and 42 of Miscellaneous Maps, records of Orange County, 8 California; and 9 WHEREAS, the said price is a fair and adequate price 10 as 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 $1100.00; and 14 15 WHEREAS, the price offered is just, fair and adequate 16 and is not disproportionate to the real value of the property above described. 17 18 NOW, THEREFORE, BE IT RESOLVED: That said property be 19 sold to the said Forrest E. Johnston and Catherine L. Johnston, 20 husband and wife, for the sum of $1100.00, free and clear of all 21 encumbrances, subject to the second half of the taxes for the 22 fiscal year 1943 -44. Also subject to conditions, restrictions 23 and reservations of record. The Mayor and the City Clerk are 24 hereby authorized and directed to execute and deliver a deed for 25 said property to the said parties upon receipt of the consideratioi 26 above set forth. 27 BE Ii FURTHER RESOLVED: That the sum of $200.00 be 28 paid to W. J. Holcomb, as and for his commission for the negotia- • 29 ting of the sale of said real property to Forrest E. Johnston and 30 Catherine L. Johnston, his wife, as joint tenants, said sum being 31 a fair and reasonable commission to be allowed in said sale, and 32 I said broker being a licensed realtor of the City of Newport Bealoh. °s r 1 RESOLUTION NO.� 2 WHEREAS, FORREST E. JOHNSTON and CATHERINE L. JOHNSTON, • 3 husband and wife have this day offered to the CITY OF NEWPORT 4 BEACH, the sum of $1100.00 for Lot 12, Block 438; Lot 17, Block 5 539; and Lots 3 and 5, Block 639; all in Corona del Mar, in the 6 City of Newport Beach, as shown on a Map recorded in Book 3, pages 7 41 and 42 of Miscellaneous Maps, records of Orange County, 8 California; and 9 WHEREAS, the said price is a fair and adequate price 10 as 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 $1100.00; and 14 15 WHEREAS, the price offered is just, fair and adequate 16 and is not disproportionate to the real value of the property above described. 17 18 NOW, THEREFORE, BE IT RESOLVED: That said property be 19 sold to the said Forrest E. Johnston and Catherine L. Johnston, 20 husband and wife, for the sum of $1100.00, free and clear of all 21 encumbrances, subject to the second half of the taxes for the 22 fiscal year 1943 -44. Also subject to conditions, restrictions 23 and reservations of record. The Mayor and the City Clerk are 24 hereby authorized and directed to execute and deliver a deed for 25 said property to the said parties upon receipt of the consideratioi 26 above set forth. 27 BE Ii FURTHER RESOLVED: That the sum of $200.00 be 28 paid to W. J. Holcomb, as and for his commission for the negotia- • 29 ting of the sale of said real property to Forrest E. Johnston and 30 Catherine L. Johnston, his wife, as joint tenants, said sum being 31 a fair and reasonable commission to be allowed in said sale, and 32 I said broker being a licensed realtor of the City of Newport Bealoh. • • 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 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 7th day of February, 1944, by the following vote, to -wit: r �. „ ",C .'_., •i.'�.. ALUM M iV }!, e ayor of t ity of Newporl Beach