HomeMy WebLinkAbout2204 - Sale of Property to Hal Smith•
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RESOLUTION N0,{�1
WHEREAS, HAL WILL SMITH, TRUSTEE, has this day offered
to the CITY OF NEWPORT BEACH, the sum of $400.00 for Lot 44, giact
No. 682, in the City of Newport Beach, as shown on a Map recorded
in Book 20, page 19 of Miscellaneous Maps, records of Orange
County, California; and Lot 14, Block B, Tract No. 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 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 $400.00; 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 Hal Will Smith, Trustee, for the sum of $400.00,
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 party upon receipt of the consideration above set forth.
BE IT RESOLVED: That the sum of $100.00 be paid to
Hal Will Smith, as and for his commission for the negotiating of
the sale of said real property to Hal Will Smith, Trustee, 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.
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VW
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 an adjourned regular meeting thereof
held on the 28th day of April, 1941, by the following vote, to -wit
EST:
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y Cler]
:YTS, COURM EN: CLAI'' ALLEN
BROWN GORDON
coviCBLPmt NONE
<iBu:sAJi; L'iBJC4CiI&tEN: NONE _.__..
Mayor of the City of Newport Bead