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HomeMy WebLinkAbout2226 - Sale of Property to Milton Schuerman- 4� 1 2 3 4 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 r RESOLUTION NO.�J� WHEREAS, MILTON E. SCHUER31AN, a single man,... has this day offered to the CITY OF NEWPORT BEACH, the sum of $150.00 for Lots 5 and 13, Block 541, 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 $150.00; 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 Milton E. Schuerman, a single man, for the sum of $150.00, 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 FURTHER RESOLVED: That the sum of $37.50 be paid to Hal Will Smith, as and for his commission for the negotiating of the sale of said real property to Milton E. Schuerman, a single man, as his separate property, 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. 1 2 3 4 5, 6 7 8 9 10 11' 12 13 14 151 16 2 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: AYES, COON ILMEM: REED CLAIRE ALLEN BROWN GORDON NOES, d: Nolif AB✓vfv�; C�cc�iI�1�N: NONE _ A TEST: _ ayor o t e ty of Newport Beach ity C erk