HomeMy WebLinkAbout2016 - Sale of Property to EJ Louis31
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RESOLUTION NO:�
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WHEREAS, E. J. LOUIS, a single man, has this day offered
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to the CITY OF NEWPORT BEACH, the sum of $900.00 for Lot 4, Block
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5, Balboa Tract in the City of Newport Beach, as shown on a Map
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recorded in Book 4, page 11 of Miscellaneous Maps, records of
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Orange County, California; and
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WHEREAS, the said price is a fair and adequate price
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as and for the purchase price of said lot; and
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WHEREAS, the City Council of the City of Newport Beach
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deems that it is for the best interests of said City that said
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(property be sold for the said sum of $900.00; and
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WHEREAS, the price offered is just, fair and adequate
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and is not disproportionate to the real value of the property
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above described.
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NOW, THEREFORE, BE IT RESOLVED: That said property be
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sold to the said E. J. Louis, a single man, for the sum of $e>OO.QO
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free and clear of all encumbrances, subject to the taxes for the
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fiscal year 1940 -41 and unpaid improvement assessments of record.
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Also subject to conditions, restrictions and reservations of
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record. The Mayor and the City Clerk are hereby authorized and
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directed to execute and deliver a deed for said property to the
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said parties upon receipt of the consideration above set forth.
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BE IT FURTHER RESOLVED: That the sum of $90.00 be paid
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to Harry H. Williamson, as and for his commission for the
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negotiating of the sale of said real property to E. J. Louis, a
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single man$ said sum being a fair and reasonable commission to be
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allowed in said sale and said broker being a licensed realtor of
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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 regular meeting thereof held on
the 7th day of October, 1940 by the following vote, to —wit:
,• -�r<.g COUNCILMEN: REED CLAIRE EM
BROWN GORDON
_ COUNCILMEN: NONE
L,�13NT, COUNCILMEN: NONE _.
i Mavor — C tv of Newport Beach
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