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HomeMy WebLinkAbout2044 - Sale of Property to James & Elaine Stewart1� 2I 10 3 4 5 6 7 8 9I 10 11 12 ,7L- 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 -: _, RESOLUTION NOIb WHEREAS, JAMES D. STEWART and ELAINE C. STEWART, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $200.00 for Lot 9, Block B, Tract 673, in the City of Newport Beach, as shown on a Map recorded in Book 20, pages 17 and 18 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 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 $200.00; 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 James D. Stewart and Elaine C. Stewart, husband and wife, for the sum of $200.00, free and clear of all encumbrance , subject to the teeondfhalfhof 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 �Ideliver a deed for said property to the said parties upon receipt 11of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $20.00 be paid to H. Cardoca Sloan, as and for his commission for the negotiating of the sale of said real property to James D. Stewart and Elaine C. Stewart, husband and wife, as joint tenants, said sum being a fair Iand reasonable commission to be allowed in said sale, and said broker being a licensed realtor of the City of Newport Beach. • • -r--e 11 21 3 4 5 6 7 8 9 10 11 12 x 14� F �. i5-- 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 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 the 2nd day of December, 1940, by the following vote, to -wit: A'1' J:L�'b"1' AT o Daity Clerk A YES, COU N"MOX"M: REED MIRE MM BROWN GORDON 0ES, COUNCILM -M: NONE ,LBSENT, COUNCILMEN: NDNE