HomeMy WebLinkAbout1785 - Sale of Property to Olaf & Nell Nestosn-4s
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RESOLUTION NO. 11C
WHEREAS, OLAF R. NESTOS and NELL B. NESTOS, husband and
lwife, have this day offered to the CITY OF NEWPORT BEACH, the sum
of $300.00 for Lots 5 and 6, Block 141, Canal Section, in the
City of Newport Beach, as shown on Map recorded in Book 4, page
96 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 $300.00; 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 Olaf R. Nestos and Nell B. Nestos, husband and
wife, for the sum of $300.00; free and clear of all encumbrances,
subject to the second half of 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 $30.00 be
to Ralph P. Maskey, as and for his commission for the negotiati
of the sale of said real property to Olaf R. Nestor, and Nell B.
Nestos, his wife, as joint tenants, said sum being a fair and
reasonable commission to be allowed in said sale, and said brok
being a licensed realtor of the City of Newport Beach.
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1 I hereby certify that the above and foregoing Resoluti
2 was duly and regularly passed and adopted by the City Council of
3 the City of Newport Beach at a regular meeting thereof held on
4 the 1st day of April, 1940 by the following vote, to -wit:
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9 rfllltvCiLi EW: GORDON CLAIRE WHITSON
10 BROWN WILLIAMSON
n /+F! "Tnn11.E711r IV:
11 NONE
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TTEST:
UNZILNE o NONE
12 A 1091 1,
13 Ci Y Clerk ayor f the City of Newport Bea
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