HomeMy WebLinkAbout1210 - Sale of Property to Marguerite Summerst
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RESOLUTION N0, c.?:
WHEREAS, Marguerite M. Summers, has this day offered
to the CITY OF NEWPORT BEACH, the sum of $150.00 for Lot 20,
Block 531, Corona del Mar, in the city of Newport Beach, as
shown on Map recorded in Book 3, pages 41 and 42 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 ofthe 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 $150.00; 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 Marguerite M. Summers, for the sum of $150.000
free and clear of all encumbrances, subject to the taxes for the
fiscal year 1937 -38, and unpaid improvement assessments of record.
Also subject to conditions, restrictions and reservations of
record. And the Mayor and City Clerk are hereby authorized and
directed to execute and deliver a deed for said propsty to the
said party upon receipt of the consideration above set forth.
BE IT FURTHER RESOLVED; That the sum of $15.00 be,
paid to H. Cardoza Sloan, as and for his commission for the
negotiating of the sale of said real property to Marguerite M.
Summers, 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
Resolution was duly and regularly passed and adopted by the
City Council of the City of Newport Beach at a regular meeting
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thereof, held on the 1st day of November, 1937, by the following
vote, to— wit: ��
AYES', COUNCILMEN:
NOES, COUNCILMEN:
ABSENT, COUNCILMEN: 10'14 _
ATTEST:
City Clerk -Mayor o the city of Newport Beach