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HomeMy WebLinkAbout1528 - Sale of Property to Robert TracyAsk 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 i r RESOLUTION N0.5� WHEREAS, ROBERT TRACY, a single man, has this day offer d to the CITY OF NEWPORT BEACH the sum of $275.00 for Lot 92, Tract 949, in the City of Newport Beach, as shown on Map recordedi in Book 30, page 7 of Miscellaneous Yaps, 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 i 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 $275.00; and WHEREAS, the price offered is just, fair and adequate and is not disproportionate to the real value of the property i above described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Robert Tracy, a single man, for the sum of $275.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1939 -40 and unpaid improvement assessments of record. Also subject to conditions, restrictions and reservation of record. The Mayor and the City Clerk are hereby authorized an directed to execute and deliver a deed for said property to the said party upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $27.50 be paid to L. W. Briggs, as and for his commission for the negotiating of the sale of said real property to Robert Tracy, a I sinale man, as his separate property, 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. • AWL a 1 2 3 4 5 6 8 9 10 =' 11 13 14 . 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 u i e � 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 an adjourned regular meeting thereof held on the 2 5th day of February, 1939, by the following vote to— wit: (fit A COU LMEN: PIN, /A NOES, COUNCILMEN: ABSENT, COUNCILMEN: ci 19110A Mayor - Ci y o Newport beach