HomeMy WebLinkAbout1591 - Sale of Property to Richard & Helen Bracek
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IRA
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RESOLUTION NO
WHEREAS, RICHARD S. BRACE and HELEN H. BRACE, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $125.00 for Lots 16 and 18, Block 537, 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 lots; 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 $125.00; 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 Richard S. Brace and Helen H. Brace, husband
and wife, for the sum of $125.00, free and clear of all encumbran
ces, subject to the taxes for the fiscal year 1939-40 and unpaid
improvement assessments of record. Also subject to conditions,
restrictions and reservations of record. 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 $12.50 be
paid to Hal Will Smith, as and for his commission for the
negotiating of the sale of said real property to Richard S. Brace
and Helen H. Brace, his wife, as joint tenants, 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.'
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I hereby certify that the above and foregoing Resoluti
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 3rd day of April, 19390 by the following vote, to —wit:
COUNCILMEN: GOROON CLAIRE 1NHITS0.1
BROWN WILLIAMSON
NOES, COUNCILMEN: NONE
ABSENT, COUNCILMEN: NONE
Mayor f— -City of Newport Beach