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HomeMy WebLinkAbout1812 - Sale of Property to Edward Lau1 2 3 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 P. RESOLUTION NO.IL2fo WHEREAS, EDWARD JOHN LAU, a single man, has this day offered to the CITY OF NEWPORT BEACH, the sum of $150.00 for Lot 3, Block 233, Lake Tract, in the city of Newport Beach, as shown on Map recorded in Book 4, page 13 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 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 $150.00; and WHEREAS, the price offered is just, fair and adequate land is not disproportionate to the real value of the property labove described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Edward John Lau, a single man, for the sum of $150.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1940 -4 and unpaid improvement assessments of record. Also subject to conditions, restrictions and reservation of record. The Mayor and the City Clerk are hereby authorised 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 $15.00 be paid to Ralph P. Maskey, as and for his commission for the negotiating of the sale of said real property to Edward John Lau, 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. ... 1 2 I hereby certify that the above and foregoing Resoluti 3 was duly and regularly passed and adopted by the City Council of 40 4 the City of Newport Beach at a regular meeting thereof held on 5 the 6th day of May, 1940 by the following vote, to -wit: 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 3T: Ale: AYES, COUNCILMEN: REED CLAIRE ALLEN BROWN GORDON NOES, COUNCILMEN: NONE ABSENT, COUNCILMEN" NONE r of the e