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HomeMy WebLinkAbout1539 - Sale of Property to Curtis & Jeanne McFadden1 RESOLUTION NO. 1539 2 WHEREAS, CURTIS N. McFADDEN and JEANNE MARIE 96FBDDEN, 3 husband and wife, have this day offered to the CITY OF NEWPORT • 4 BEACH, the sum of $750.00 for Lots 31, 32 and 33, Tract 945, in 5 the city of Newport Beach, as shown on Map recorded in Book 30, 6 page 7 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 lots; 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 $750.00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property 15 above described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property 17 be sold to the said Curtis N. McFadden and Jeanne Marie McFadden, 18 husband and wife, for the sum of $750.00, free and clear of all 19 encumbrances, subject to the taxes for the fiscal year 1939 -40. 20 and unpaid improvement assessments of record. Also subject to 21 conditions, restrictions and reservations of record. The Mayor 22 and the City Clerk are hereby authorized and directed to execute 23 and deliver a deed for said property to the said parties upon 24 , receipt of the consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $75.00 be paid 26 to L. W. Briggs, as and for his commission for the negotiating of 27 the sale of said real property to Curtis N. McFadden and Jeanne • 28 Marie McFadden, his wife, as joint tenants, I said sum being a I 29 fair and reasonable commission to be allowed in said sale, and 30 11 said broker being a licensed realtor of the City of Newport Be 31 32 • 6 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 an adjourned regular 4 meeting thereof held on the 25th day of February, 1939 by the 5 following vote, to -wit: 6 7 S, COUNCIL . . I Z. DLZre-; 8 Val 9 NOES, COUNCILMEN: 10 ABSENT, COUNCILMEN: 11_ C EST: X12 13 �V City -Clerk Mayor fbf the City of Newport Beach 14- 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32