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HomeMy WebLinkAbout2777 - Sale of Property to William & Elsie Bongard1 RESOLUTION NO. 2 3 WHEREAS, WILLIAM S. BONGARD and ELSIE ALICE BONGARD, . 4 husband and wife, have this day offered to the DITY OF NEWPORT I BEACH, 5 the sum of $525.00 for Lots 1 and 3, Block 538, Corona 6 del Mar, in the City of Newport Beach, as shown on a Map 7 recorded in Book 3, pages 41 and 42 of Miscellaneous Maps, 8 records of Orange County, California; and 9 WHEREAS, the said price is a fair and adequate price 10 as and for the purchase price of said lots; and 11 WHEREAS, the City Council of the City of Newport Beach 12 deems that it is for the best interests of said City that said 13 property be sold for the said sum of $525.00; and 14 WHEREAS, the price offered is just, fair and adequate 15 and is not disproportionate to the meal value of the property 16 above described. 17 NOW, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said William S. Bongard and Elsie Alice Bongard, 19 husband and wife, for the sum of $525.00, free and clear of all 20 encumbrances, subject to the taxes for the fiscal year 1943 -44. 21 Also subject to conditions, restrictions and reservations of 22 record. The Mayor and the City Clerk are hereby authorized and 23 directed to execute and deliver a deed for said property to the 24 said parties upon receipt of the consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $131.25 be 26 paid to W. J. Holcomb, as and for his commission for the negotlatl 27 of the sale of said real property to William S. Bongard and Elsie 28 Alice Bongard, his wife, as joing tenants, said sum being a fair 29 and reasonable commission to be allowed In said sale, and said 30 broker being a licensed realtor of the City of Newport Beach. i 31 I hereby certify that the above and foregoing Resolution I 32 was duly and regularly passed and adopted by the City Council of l� a 6 -:u 1 2 3 4 5 6 7 9 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 11th day of May, 1943, by the following vote, to -wit: y �Y vL (� p ayor of e City of Newp t each