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HomeMy WebLinkAbout1151 - Sale of Property to James & Grace Mustard1 q RESOLUTION NO. U 2 WHEREAS, JAMES J. MUSTARD and GRACE A. MUSTARD, husband 3 and wife, have this day offered to the City of Newport Beach, the 4 sum of $550.00 for Lots 17, 19 and 210 Block 734, Corona Del Mar, 5 in the City of Newport Beach, as shown on Map recorded in Book 6 3, pages 41 and 42, Miscellaneous Maps, records of Orange County, 7 California, and 8 WHEREAS, the said price is a fair and adequate price 9 as and for the purchase price of said lot; and 10 WHEREAS, the City Council of the City of Newport Beach 11 deems that it is for the best interests of said City that said 12 property be sold for the said sum of $550.00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property 15 above described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property 17 be sold to the said JAMES J. MUSTARD and GRACE A. MUSTARD, husban 18 and wife, as joint tenants with the right of survivorship, for 19 the sum of $550.00, free and clear of all encumbrances, subject 20 to the taxes for the fiscal year 1937 -39, and unpaid :improvement 21 assessments of record. Also subject to conditions, restrictions 22 and reservations of record. 23 BE IT FURTHER RESOLVED: That the sum of $37.50 be paid 24 to H. CARDOZA SLOAN, as and for his commission for the negotiating 25 of the sale of said real property to James J. Mustard and Grace 26 A. Mustard, his wife, as joint tenants, said sum being a fair � 27 and reasonable commission to be allowed in said sale, and said 28 broker being a licensed realtor of the city of Newport Beach. 29 30 I hereby certify that the above and foregoing 31 Resolution was duly and regularly passed and adopted by.the 32 4 11 s Ll 1 2 3 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 City Council of the City of Newport Beeac�hj at axl regular meeting thereof held on the I day of , 1937, by the following vote, to -wit: (� A CCU NCI LM ar/9 p1t N .tan rC� NOES, COUNCILMEN: ABSENT, COUNCILMEN:] 'Q ATTEST: 4 a-yor oll the city of Newport Beach.