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HomeMy WebLinkAbout2058 - Sale of Property to Edward Porter• M m 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 RESOLUTION N0 WHEREAS, EDWARD Y. PORTER, has this day offered to the CITY OF NEWPORT BEACH, the sum of $650.00 for Lots 32 and 34, in Block 143, Resubdivision of Corona del Mar, in the City of Newport Beach, as shown on a Map recorded in Book 4, page 67 of Miscellan- eous 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 $650.00; 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 Edward Y. Porter, a married man, as his separate 1property,' for the sum of $650.00, free and clear of all encumbrance l* subject to the second half of the taxes for the fiscal year 1940 -4 Also subject to conditions, restrictions and reservations of recor 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 $65.00 be paid to H. Cardoza Sloan, as and for his commission for the negotiating of the sale of said real property to Edward Y. Porter, as his separate property, 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 1 2 3 4 5 6 7 8 9 10 11 12 ,13 ' �14 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 6th day of January, 19410 by the following vote, to -wit: I_. AYES, 0UNCILffirtj: REED CLAIRE BROWN GORDON NOES, CC" NIU LMSH: NONE ABSENT, COUNCILMEN: b® E.1F _�"