HomeMy WebLinkAbout2241 - Sale of Property to Hal & Mabel Smith1
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RESOLUTION NO-
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WHEREAS, HAL WILL SMITH and MABEL M. SMITH, husband
and wife, have this day offered to the CITY OF NEWPORT BEAOH, the
sum of $150.00 for Lots B and 10, Block 642, 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
InMEAS, 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, and Mabel M. Smith, husband and
wife, for the sum of $150.00, free and clear of all encumbrances,
subject to the taxes for the fiscal year 1941 -42 and unpaid
improveiacnt assessrents 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 $37.50 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 and Mabel M.
Smith, husband and wife, as joint tenants, said sum being a fair
and reasonable commission to be allowed in said sale, and said
broker tieing a licensed realtor of the City of Newport Beach.
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2 I hereby certify that the above and foregoing Resolution
3 was duly and regularly passed °and adopted by the City Council of
4 the City of Newport Beach at a regular meeting thereof held on the
5 Etii day of May, 1941, by the following vote, to -wit:
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8 AYES, COUNCILMEN: REED CLAIRE AUM
BROWN GORDON
9 NOES, a;CO "!I'IP_I: @EN: ht,nrt
10 ABSEl f, COUNCILMEN: NONE
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T o the City of NewporLt Beach
^EST:
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1& ity Clerk
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