HomeMy WebLinkAbout3136 - Sale of Property to William & Alma Cahillf
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RESOLUTION N0. , �.
WHEREAS, William V. Cahill and Alma J. Cahill, husband
and wife as Joint tenants, have this day offered to the CITY OF
NEWPORT BEACH, the sum of $300.00 for Lot 7, Block 311 First
Addition to Newport Heights, in the City of Newport Beach, as
shown on a map recorded in Book 4, Page 94 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 $300.00; and
WHEREAS, the price offered is Just, fair and adequate
and is not cli sproportionate to the real value of the property
above described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said William V. Cahill and Alma J. Cahill, husband
and wife as Joint tenants, for the sum of $300.00, free and clear
of all encumbrances, subject to the taxes for the fiscal year
1945 -46. Also subject to conditions, restrictions and reserva-
tions of record. The Mayor and the City Clerk are hereby
authorized and directed to execute and deliver a deed for the
said property to the said party upon receipt of the consideration
above set forth.
BE IT FURTHER RESOLVED: That the sum of $50.00 be paid
to Ralph P. Maskey, as and for his commission for the negotiating
of the sale of said real property to William V. Cahill and Alma J.
Cahill, husband and wife as joint tenants, the 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.
I hereby certify that the above and foregoing Resolu-
tion was duly and regularly passed and adopted by the City Council
of the City of Newport Beach,
AL
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at a regular meeting thereof held on the 2nd day of April, 1945,
by the following vote, to —wit:
STANLEY
UNE
A
no
no
ea