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HomeMy WebLinkAbout2749 - Sale of Property to Douglas Oteya .4 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 29 30 31 32 RESOLUTION NOACI I WHEREAS, DOUGLAS ROSS OTEY, a single man, has this day offered to the CITY OF NEWPORT BEACH, the sum of $225.00 for Lot 1, Block 642, 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 $225.00; and WHEREAS, the price of fered 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 Douglas Ross Otey, a single man, for the sum of $225.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1943 -44. 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 $56.25 be paid to W. J. Holcomb, as and for his commission for the negotiating of the sale of said real property to Douglas Ross Otey, 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. I hereby certify that the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of 1 2 3 4 5 6 8 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 the City of Newport Beach at an adjourned regular meeting thereof held on the 19th day of April, 1943, by the following vote, to -wit: EST: l ) y Clerk ...�yN `.cn •���t flr�~. .n... C.u�i • 1, �. b..... s..."Yr. i ±m,� asiia Mayor of the Civ of ewport Beach