HomeMy WebLinkAbout2654 - Sale of Property to Kenneth & Margaret StoeverS
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RESOLUTION NO.
WHEREAS, KENNETH B. STOEVER and MARGARET B. STOEVER,
husband and wife, have this day offered to the CITY OF NEWPORT
BEACH, the sum of 4350.00 for the Northeasterly 25 feet of Lot
26, all of Lot 28, and all of Lot 30, exeept street, in Block
238, 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 $350.00; 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 Kenneth B. Stoever and Margaret B. Stoever,
husband and wife, for the sum of $350.00, free and clear of all
encumbrances, bubject to the taxes for the fiscal year 1942 -43
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 parties upon
receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $87.50 be paid
to Ralph P. Maskey, as and for his commission for the negotiating
of the sale of said real property to Kenneth B. Stoever and
Margaret B. Stoever, husband and 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
and foregoing Resolution
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was duly and regularly passed and adopted
by the City Council of
the City of Newport Beach at an
adjourned
regular meeting thereof
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held on the 17th day of August,
1942, by
the following vote, to —wit
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