HomeMy WebLinkAbout2575 - Sale of Property to William Stephensr c't
PA
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RESOLUTION N0.`` "�
WHEREAS, WILLIAM F. STEPHENS, a single man, has this
day offered to the CITY OF NEWPORT BEACH, the sum of $175.00
for Lot 73 Block "I ", Tract No. 323, in the City of Newport
Beach, as shown on a Map recorded in Book 14, pages 40 and 41
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 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 $175.00; 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 William F. Stephens, a single man, as his
separate property, for the sum of $175.00, free and clear of
all encumbrances, subject to the second half of 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 $43.75 be
paid to F. L. Andrews, as and for his commission for the negotia-
ting of the sale of said real property to William F. Stephens,
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.
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I hereby certify that the above and foregoing Re8olutl
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 2nd day of March, 1942 by the following vote, to -wit:
TEST:
A y S, rm,n mr,711:
REED CLAIRE ULM
No r, m- - ":"..". ']: N®nnCggv2r[
11B1�9ZI� 2, CLJN'aimYuM: tjopj5
Mayor of the City of Newport Beach