HomeMy WebLinkAbout2433 - Sale of Property to H Cardoza & Lillian Sloan0
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RESOLUTION NO. a,43 t)
WHEREAS, H. CARDOZA SLOAN and LILLIAN C. BLOAN, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $125.00 for the Southeasterly 39 1/3 feet of Lots 20 and
22, in Block 431, Corona del Mar, in the City of Newport Beach,
as shown on a Map recorded in Book 3, pages 41 and 42 of Miscell-
aneous 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 lot; 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 $125.00; 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 H. Cardoza Sloan and Lillian C. Sloan, husband
and wife, for the sum of $125.00, free and clear of all encumbran-
ces, subject to the taxes for the fiscal year 1941 -42. 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
property to the said parties upon receipt of the consideration
above set forth.
BE IT FURTHER RESOLVED: That the sum of $31.25 be paid
to H. Cardoza Sloan, as and for his commission for the negotiating
of the sale of said real property to H. Cardoza Sloan and Lillian
C. Sloan, his wife, as joint tenants, 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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I hereby certify that the above end 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
6th day of October, 1941, by the following vote, to -wit:
.APES, COUNCEil10: REED ALLEN
BROWN GORDON
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Mayor of the City of Newport Beach