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HomeMy WebLinkAbout2175 - Sale of Property to Nelson & Edna Holmwood. -� 1 2 3 4 5 6i 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 3C 31 32 RESOLUTION NO.111 �� WHEREAS, NELSON HOLMWOOD and EDNA L. HOLMWOOD, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $100.00 for Lots 16, 18, 20 and 22, Block 736, Corona del Mar, in the City of Newport Beach, as shown on a Map recorded in Book 3, pages 41 and 42 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 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 $100.00; and WHEREAS, the price offered is just, fair and adequate and is not dispropmrtionate to the real value of the property above described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Nelson Holmwood and Edna L. Holmwood, husband land wife, for the sum of $100.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1941 -42 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 parties upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $25.00 be paid Ito F. L. Andrews, as and for his commission for the negotiating Iof the sale of said real property to Nelson Holmwood and Edna L. Holmwood, his wife, as joint tenants, said sum being a fair and 11reasonable commission to be allowed in said sale, and said broker sing a licensed realtor of the City of Newport Beach. ti s 1 2 3 4 5 6 7 8 9 10 11 12 13 t 15 16- 17- 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 P_w. I hereby certify that the above and foregoing Resolutio was duly and regularly passed and adopted by "the City Council of the City of Newport Beach at an adjourned regular meeting thereof held on the 28th day of April, 1941, by the following vote, to -wi AYES, COUNCILMEN: REED CLAIRE ALLEN BROWN GORDON N'0-'S, CCUNCILMEP9: Nuns a1i8E1VT, COUNCILMEN: NONE Mayor of the City of Newport Beach