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HomeMy WebLinkAbout2192 - Sale of Property to Arthur Wells1 RESOLUTION NO y 2 WHEREAS, ARTHUR C. WELLS, a single man, has this day 3 offered to the CITY OF NEWPORT BEACH, the sum of $75.00 for Lots 4 11, 13 and 15, Block 736, Corona del Max, in the City of Newport 5 Beach, as shown on a Map recorded in Book 3, pages 41 and 42 of 6 Miscellaneous Maps, records of Orange County, California; and 7 C1HEREAS, the said price is a fair and adequate price 8 as and for the purchase price of said lots; and 9 WHEREAS, the City Council of the City of Newport Beach 10 deems that it is for the best interests of said City that said 11 property be sold for the said sum of $75.00; and 12 WHEREAS, the price offered is just, fair and adequate 13 and is not disproportionate to the real value of the property 14 above described. 15 16 NOW, THEREFORE, BE IT RESOLVED: That said property be 17 sold to the said Arthur C. Wells, a single man, as his separate 18 property, for the sum of $75.00, free and clear of all encumbrances, 19 subject to the taxes for the fiscal year 1941 -42 and unpaid 20 improvement assessments of record. Also subject to conditions, 21 restrictions and reservations of record. The Mayor and the City 22 Clerk are hereby authorized and directed to execute and deliver 23 a deed for said property to the said party upon receipt of the 24 consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $18.75 be paid 26 to F. L. Andrews, as and for his commission for the negotiating 27 of the sale of said real property to Arthur C. Wells, a single 28 man, as his separate property, said sum being a fair and reasonable I 29 commission to be allowed in said sale, and said broker being a 30 licensed realtor of the City of Newport Beach. 31 32 8 s 1 2 3 4 5 6 7 8 9 10 11 12 13 Y 34- 15 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 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 29th day of April, 1941, by the following vote, to -wi .YES, COL.IN' L ?01: REED , CLAIRE ALLEN BROWN GORDON P191: Nuilc ABS&VT, COUNCILMEN: NONE Mayor of the City of Newport Beach. TTEST: , ity C erk