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HomeMy WebLinkAbout2653 - Sale of Property to Lawrence & Pauline LushbaughV-9 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 to 29 30 31 32 RESOLUTION N0, WHEREAS, LAWRENCE LUSHBAUGH and PAULINE LUSHBAUGH, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $600,00 for the Northwesterly 40 feet of Lot 1, Block D, 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 anf 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 $600,00; 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 Lawrence Lushbaugh and Pauline Lushbaugh, husband andwife, for the sum of $600,00, free and clear of all encumbrance , subject to the taxes for the fiscal year Improvement assessments of record. Also restrictions and reservations of record. Clerk are hereby authorized and directed a deed for said property to the said par consideration above set forth, 1942 -113 and unpaid subject to conditions, The Mayor and the City to execute and deliver Lies upon receipt of the BE IT FURTHER RESOLVED: That the sum of $150.00 be paid to F. L. Andrews, as and for his commission for the negotiating of the sale of said real property to Lawrence Lushbau and Pauline Lushbaugh, 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. • 9 .i -.,, 11 1 2 3 4 5 6 7 8 9 10 11 12 13 .14 _ 15 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 an adjourned regular meeting thereof held on the 17th day of August, 1942, by the following vote, to -wit: l TEST: i ty le Mmmi Pau: ROWN ALLEN WELL REE43 NAG,fi, WORE ma nmayor e Ulty o V Newport Beach