HomeMy WebLinkAbout2175 - Sale of Property to Nelson & Edna Holmwood. -�
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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.
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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