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HomeMy WebLinkAbout1739 - Sale of Property to Leo Koch1 2 4 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 RESOLUTION NO.J L14 WHEREAS, LEO KOCH has this day offered to the City of Newport Beach, the sum of d$300.00 for Lot 6, Block A, Tract 673, Corona del Mar, in the City of Newport Beach, as shown on a Map recorded in Book 9.,0 , pages /7 " /S , of Miscellaneous Maps, records of Orange County, California; and WHEREAS, the price is a fair and adequate price do and for the purchase price of said lot; 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 $300.00; and WHEREAS, the price offered is just, fair and adequate and not disproportionate fo the real value of the property above described; NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Leo Koch for the sum of d$300.00, free and clear of all encumbrances, subject to the second half of the taxes for the fiscal year of 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 party upon recent of the consideration above set forth, BE IT FURTHER RESOLVED: That the sum of $30,00 be paid to H. Cardoza Sloan, as and for his commission for negotiating the sale of the said real property to Leo Koch, 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. f 1 2 3 4 5 6 7 8 9 10 11 12 13 G 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 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 5th day of Februarym 1940, by the following vote, to —wit: A Y£Z COMP "'ILMEN: GOPPM CLAIRE WHITSON OR0WN WILLIAMSON NOES, CCUP CILMEN: iduia;: ABSENT, COUNCILMEN: nO02 ayor f Athe City of ewport Beach'