HomeMy WebLinkAbout2024 - Sale of Property to OG Hoegstedta
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RESOLUTION NJ-0)l
WHEREAS, 0. G. HOEGSTEDT, has this day offered to the
CITY OF NEWPORT BEACH, the sum of $325.00 for Lot 39, Block A,
Tract 673, in the city of Newport Beach, as shown on a Map
recorded in Book 20, page 17 and 16 of Miscellaneous Maps, rec
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 $325.00; and
WHEREAS, the 1price 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 0. G. Hoegstedt, for the sum of $325.009 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 party upon receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $32.50 be paid
to F. L. Andrews, as and for his commission for the negotiating
of the sale of said real property to 0. G. Hoegstedt, 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.
I hereby certify that the above and foregoing Resolution
was duly and regularly passed and adopted by the City Council of
the City of Newport Beach at a regular meeting thereof held on
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the 7th day of October, 1940 by the following vote, to -wit:
!x YES, COUNCILMEN: REED CLAIRE ALLEN
DROWN GORDON
COUNCILMEN: NONE
4 3SL, NT, CUUNCILMEN: NONE
ayor - City of Newport Beach