HomeMy WebLinkAbout1974 - Sale of Property to Harold & Minnie ThompsonLi
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RESOLUTION NO.
WHEREAS, HAROLD S. THOMPSON and MINNIE S. THOMPSON,
husband and wife, have this day offered to the CITY OF NEWPORT
BEACH, the sum of $300.00 for Lots 10 and 11, Block 129, Lake
Tract, in the city of Newport Beach, as shown on a 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 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 Harold S. Thompson and Minnie S. Thompson,
husband and wife, for the sum of $300.00, free and clear of all
encumbrances, subject to the taxes for the fiscal year 1940 -41
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 paid
to H. M. Lane, as and for his commission for the negotiating of
the sale of said real property to Harold S. Thompson and Minnie
S. Thompson, 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 Special Meeting thereof held on
the 22nd day of July, 1940 by the following vote, to -wit:
AYES, COUNCILMEN: NED MAME ALLEN
MVIN CORDON
NOES, COUNCILMEN: NOM
ABSENT,, COUNCILMENt NONE"
CTTE ST: A / Mayor of the City of Newport Beach
C