HomeMy WebLinkAbout2963 - Sale of Property to Charles & Muriel Gay1
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RESOLUTION NO.',;a
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WHEREAS,
CHARLES
L. GAY
and MURIEL GAY, husband and
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wife, have this day
offered
to the
CITY OF NEWPORT BEACH, the sum
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$650.00 Lot 3, Block 53;
and Lot
2, Block 57; all in Ocean
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Front Tract, in the
City of
Newport
Beach, as shown on a Map
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recorded in Book 4,
page 12
of Miscellaneous
Maps, records of
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Orange County, California; and
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WHEREAS,
the said
price
is a fair and adequate price
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as and for the purchase price of said lots; and
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WHEREAS, the City Council of the City of Newport Beach
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deems that it is for the best interests of said City that said
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property be sold for the said sum of $650.00; and
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WHEREAS, the price offered is just, fair and adequate
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and is not disproportionate to the real value of the property
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above described.
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NOW, THEREFORE, BE IT RESOLVED: That said property be
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sold to the said Charles L. Gay and Muriel Gay, husband and wife,
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for the sum of $650.00, free and clear of all encumbrances, subject
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to the second half of the taxes for the fiscal year 1943 -44 and
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unpaid improvement assessments of record. Also subject to condit-
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,ions, restrictions and reservations of record. The Mayor and the
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City Clerk are hereby authorized and directed to execute and delive3
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a deed for said property to the said parties upon receipt of the
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25 consideration above set forth.
BE IT FUi.�THER RESOLVED: That the sum of $100,00 be paid
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27 to C. F. Dennison, as and for his commission for the negotiating
of the sale of said real property to Charles L. Gay and Muriel Gay,
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29 his wife, as joint tenants, said sum being a fair and reasonable
30 commission to be allowed in said sale, and said broker being a
31 licensed realtor of the City of Newport Beach.
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I hereby certify that the above and foregoing Resolutio
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:
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