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HomeMy WebLinkAbout1974 - Sale of Property to Harold & Minnie ThompsonLi r� �J 1 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 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. 1 2 3 4 5 6 7 8 9 10 c 1 s 1 r 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 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