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HomeMy WebLinkAbout2223 - Sale of Property to Paul & Margaret Chester1 RESOLUTION NO -� m 2 WHEREAS, PAUL CHESTER and MARGARET E. CHESTER, 3 husband and wife, have this day offered to the CITY OF NEWPORT 4 BEACH, the sum of $150.00 for Lots 13 and 15, Block 642, 5 Corona del Mar, in the City of Newport Beach, as shown on a 6 Map recorded in Book 3 pages 41 and 42 of Miscellaneous Maps, 7 records of Orange County, California; and 8 WHEREAS, the said price is a fair and adequate price 9 as and for the purchase price of said lots;and 10 WHEREAS, the City Council of the City of Newport Beach 11 deems that it is for the best interests of said City that said 12 property be sold for the said sum of $150.00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property 15 above described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property be 17 sold to the said Paul Chester and Margaret E. Chester, husband 18 and wife, for the sum of $150.00, free and clear of all 19 encumbrances, subject to the taxes for the fiscal year 1941 -42, 20 and unpaid improvement assessments of record. Also subject to 21 conditions, restrictions and reservations of record. The Mayor 22 and the City Clerk are hereby authorized and directed to 23 execute and deliver a deed for said property to the said parties 24 upon receipt of the consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of X37.50 26 be paid to Hal Will Smith, as and for his commission for the 27 negotiating of the'sale of said real property to Paul Chester 28 and Margaret E. Chester, his wife, as joint tenants, said sum 29 being a fair and reasonable commission to be allowed in said sale, 30 and said broker being a licensed realtor of the City of Newport 31 Beach. 32 1 2 3 41 5 6 7 8 9' 10 11 12 13 14 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 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 5th day of May, 1941, by the following vote, to -wit: TEST: City Clerk AYES, COUNCILKH: REED CLAIRE ALLEN BROWN GORDON lv'P3 S, CC'U Cllt`MI: NONE ABSEM' COIiISMLMEN: NONE ^ Mayor of the City of Newport Beach