HomeMy WebLinkAbout1190 - Sale of Property to HM & Marcia King1A,
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
RESOLUTION NO. kl fl
WHEREAS, H. M. KING and MARCIA E. KING, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the
BUM of $175.00 for Lot 5, Block 233, of Lake Tract, as shown
on Map recorded in Book 4, page 13 of Map Books, 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 $175.00; and
WHEREAS, the price offered is just, fair and adequate
and is not disproportionate to the real value of the property
above described.
NOW, THEREFORE, BE IT RESOLVED: That said property
be sold to the said H. M. King and Marcia E. King, husband and
wife, for the sum of $175.00, free and clear of all encumbrances,
subject to the taxes for the fiscal year 1937 -39, and unpaid
improvement assessments of record. Also subject to conditions,
restrictions and reservations of record. And the Mayor and the
City Clerk are hereby authorized and directed to execute and
deliver a deed for said property to the said parties upon receipt
of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $17.50 be
paid to E. Elliott, as and for his commission for the
negotiating of the sale of said real property to H. M. King and
Marcia E. King, his wife, as joint tenants, said sum being
a fair and reasonable commission to be allowed in said sale,
and said broker being licensed realtor of the City of
Newport Beach.
L
I
t
1
I
hereby
certify that the above and
foregoing
2
Resolution was duly
and regularly passed and adopted
by the
3
City Council
of the
City of Newport Beach at a
regular meeting
4
held on the
6th day
of September, 1937, by the
following vote,
5
to -wit:
6
COUNC EN:
'fie
7
%
8
NOES, COUNCILMEN:
�� ®q^PjE,•
9
ABSENT, COUNCILMEN:
1 ► ®�
10 AT
11
13`
r
14. -
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
.. T k, C -