HomeMy WebLinkAbout2761 - Sale of Property to Lincoln & Gladys Norman1
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4W
RESOLUTION NO.�� c
d
WHEREAS, LINCOLN H. NORMAN and GLADYS H. NORMAN, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $300.00 for Lot 14, Block 632, Corona del Naar, 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 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 $300.00; and
WHEREAS, the price offered is just, fair and adequate
land is not disproportionate to the real value of the property
labove described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said Lincoln H. Norman.and Gladys H. Norman, husband
and wife, for the sum of $300.00, free and clear of all encumbran-
ces, 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
parties upon receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $75.00 be paid
to Ralph P. Maskey, as and for his commission for the negotiating
of the sale of said real property to Lincoln H. Norman and Gladys
H. Norman, 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.
I hereby certify that the above and foregoing Resolution
was duly and regularly passed and adopted by the City Council of
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the City of Newport Beach at an adjourned regular meeting thereof
held on the 26th day of April, 1943, by the following vote, to -wit:
rTEST: leo
ty, Clerk
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