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HomeMy WebLinkAbout2428 - Sale of Property to Frances Bassett6 Pf 1 RESOLUTION NO. ; 2 3 WHEREAS, FRANCES DEAN BASSETT, has this day offered to 4 the CITY OF NEWPORT BEACH, the sum of $3500.00 for Lots 1, 2 and 5 3 in Block 33, Resubdivision of Corona del Mar, in the City of 6 Newport Beach, as shown on a Map recorded in Book 4, page 67 of 7 Miscellaneous Maps, records of Orange County, California; and 8 WHEREAS, the said price is a fair and adequate price as 9 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 beat interests of said City that said 12 property be sold for the said sum of $3500.00; 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 Frances Dean Bassett, for the sum of $3500.00, 18 free and clear of all encumbrances, subject to the taxes for the 19 fiscal year 1941 -42. Also subject to conditions, restrictions and 20 reservations of record. The Mayor and the City Clerk are hereby 21 authorized and directed to execute and deliver a deed for said 22 property to the said party upon receipt of the consideration 23 above set forth. 24 BE IT FURTHER RESOLVED: That the sum of $875.00 be paid 25 to F. L. Andrews, as and for his commission for the negotiating 26 of the sale of said real property to Frances Dean Bassett, said 27 sum being a fair and reasonable commission to be allowed in said 28 sale, and said broker being a licensed realtor of the City of 29 Newport Beach. 30 I hereby certify that the above and foregoing Resolution 31 13as duly e y and regularly y passed and adopted by the City Council of 32 a LA 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 the City of Newport Beach at a regular meeting thereof held on the 6th day of October, 1941, by the following vote, to -wit: AY S, COUNT L, 5,7: REED ALLEN BROWN GORDON ,,