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HomeMy WebLinkAbout1186 - Sale of Property to OJ & Rachel McKinney. 3!V RESOLUTION NO.� 1 2 WHEREAS, 0. J. MC KINNEY and RACHEL A. McKINNEY, husbanc 3 and wife, have this day offered to the CITY OF NMORT BEACH, 4 the sum of $150.00 for Lot 11, Block 429, Corona del Mar, 5 in the City of Newport Beach, as shown on Map recorded in 6 Book 3, pages 41 and 42 of Miscellaneous Maps, records of 7 Orange County, 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 $150.00; and 13 WHEREAS, the price offered is just, fair and 14 adequate and 'is not disproportionate to the real value of the 15 property above described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property 17 be sold to the said 0. J. McKinney and Rachel A. McKinney, 18 husband and wife, for the sum of $150.00, free and clear of 19 all encumbrances, subject to the taxes for the fiscal year 20 1937 -38 and unpaid improvement assessments of record. Also 21 subject to conditions, restrictions and reservations of record. 22 And the Mayor and the City Clerk are hereby authorized and 23 directed to execute and deliver a deed for said property to 24 the said parties upon receipt of the consideration above set 25 forth. 26 BE IT FURTHER RESOLVED: That the sum of $15.00 be 27 paid to H. Cardoza Sloan, as and for his commission for the 28 negotiating of the sale of said real property to, 0. J. McKinney 29 and Rachel A. McKinney, his wife, as joint tenants, said sum 30 being a fair and reasonable commission to be allowed in said 31 sale and said broker being a licensed realtor of the City of 32 Newport Beach. .0 r 1 7 8 I hereby certify that the above and foregoing 2 ' AT 11 Resolution was duly and regularly passed and adopted by the 3 _12- City Council of the city of Newport Beach at a regular meeting 4 14 thereof held on the 6th day of September, 1937, by the following 5 vote, to -wit: r�% _ 6 7 8 9 10 ' AT 11 , '` _12- . pity 14 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 NOES: COUNCILMEN I `wn @�. ABSENT: COUNCILMEN �®ra@A 3 yor of he city o ewpc Beach