HomeMy WebLinkAbout2658 - Sale of Property to RR & Adaline McKinleyI
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1.M
40^. /
/9
RESD LUTION NOA40P
'J.:, 5'r
WHEREAS, R. R. McKINLEY and ADALINE R. McKINLEY, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of 4325.00 for Lot 6 and the Southwesterly one -half of Lot 8,
Block 737, Corona del Mar, in the City of Newport Beach, as shorn
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 4325.00; 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 R. R. McKinley and Adaline R. McKinley, husband
and wife, for the sum of $325.00, free and clear of all encumbrance
subject 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 981.25 be paid
Ito F. L. Andrews, as and for his commission for the negotiating
lof the sale of said real property to R. R. McKinley and Adaline R.
McKinley, his wife, as joint tenants, said sum being a fair and
reasonable commission to be allowed in said sale, and said broker
ing a licensed realtor of the City of Newport Beach.
W.
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I hereby certify that the above and foregoing Resolution
was duly and regularly passed and adopted by the City Council of
the City of Netkp ort Beach at an adjourned regular meeting thereof
held on the 17th day of August, 1942, by the following vote,
to —wit:
GORDON ALLEN
ISBELL REED
NONE
or of e� City of NeTort de