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HomeMy WebLinkAbout2016 - Sale of Property to EJ Louis31 32 RESOLUTION NO:� 1 2 WHEREAS, E. J. LOUIS, a single man, has this day offered • 3 to the CITY OF NEWPORT BEACH, the sum of $900.00 for Lot 4, Block 4 5, Balboa Tract in the City of Newport Beach, as shown on a Map 5 recorded in Book 4, page 11 of Miscellaneous Maps, records of 6 Orange County, California; and 7 WHEREAS, the said price is a fair and adequate price 8 as and for the purchase price of said lot; and 9 WHEREAS, the City Council of the City of Newport Beach 10 deems that it is for the best interests of said City that said I 11 (property be sold for the said sum of $900.00; and 12 WHEREAS, the price offered is just, fair and adequate 13 and is not disproportionate to the real value of the property 14 above described. 15 NOW, THEREFORE, BE IT RESOLVED: That said property be 16 sold to the said E. J. Louis, a single man, for the sum of $e>OO.QO 17 free and clear of all encumbrances, subject to the taxes for the 18 fiscal year 1940 -41 and unpaid improvement assessments of record. 19 Also subject to conditions, restrictions and reservations of 20 record. The Mayor and the City Clerk are hereby authorized and 21 directed to execute and deliver a deed for said property to the 22 said parties upon receipt of the consideration above set forth. 23 BE IT FURTHER RESOLVED: That the sum of $90.00 be paid 24 to Harry H. Williamson, as and for his commission for the 25 negotiating of the sale of said real property to E. J. Louis, a 26 single man$ said sum being a fair and reasonable commission to be 27 allowed in said sale and said broker being a licensed realtor of 28 the City of Newport Beach. 29 30 31 32 1 2 3 4 5 6 7 8 9' 10 11. f <12 `13 -'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 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 e