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HomeMy WebLinkAbout1192 - Sale of Property to Howard & Nellie Leggt 1 RESOLUTION NO. � t 2 WHEREAS, HOWARD FIFIELD LEGG and NELLIE V. LEGG, husband 3 and wife, have this day offered to the CITY OF NEWPORT BEACH, 4 the sum of $$250.00 for Lot 35, Block B, Tract 673, in the City 5 of Newport Beach, as shown on Map recorded in Book 20, pages 17 6 and 19 of Miscellaneous Maps, records of Orange County, California; 7 and 8 WHEREAS, the said price is a fair and adequate price 9 as and for the purchase price of said lot; and 10 WHEREAS, the City Council ofthe City of Newport Beach 11 deems that it is for the best interests of said City that said 12 property be sold for the said sum of $250.00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property 15 labove described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property 17 be sold to the said Howard Fifield Legg and Nellie V. Legg, husbani 18 and wife, for the sum of $250.00, free and clear of all 19 encumbrances, subject to the taxes for the fiscal year 1937 -35 20 and unpaid improvement assessments of record. Also subject to 21 conditions, restrictions and reservations of record. And the 22 Mayor and the City Clerk are hereby authorized and directed to 23 execute and deliver a deed for said property to the said parties 24 upon receipt of the consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $$25.00 be paid 26 to H. Cardoza Sloan, as and for his commission for the negotiating 27 of the sale of said real property to Howard Fifield Legg and Nell 28 V. Legg, his wife, as joint tenants, said sum being a fair and 29 reasonable commission to be allowed in said sale, and said broker 30 being a licensed realtor of the City of Newport Beach. 31 32 1 2 3 4 5 6 7 8 9 10 11 I hereby certify that the above and foregoing Resolution 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 6th day of September, 1937 by the following vote, to -wit: A 1Z V 1 14. 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 NOES: COUNCILMEN b'A@_ ABSENT: COUNCILMEN: me yor o t e City of Newport Beach