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HomeMy WebLinkAbout2807 - Sale of Property to Thomas Budd1 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 A RESOLUTION NO. ). 0-1 WHEREAS, THOMAS ARTHUR BUDD, a si gle man, has this day offered to the City of Newport Beach, the sum of $500.00 for Lot 15, Block 5, East Newport, in the City of Newport Beach, as shown on a Map recorded in Book 3, page 37 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 j WHEREAS, the City Council of the City of Newport Beach deems that it is for the beat interests of said City that said property be sold for the said sum of $500.00; 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 Thomas Arthur Budd, a single man, for the sum of $500.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1943 -44, and unpaid improvement assess - ments 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 party upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $$50.00 be paid to Eugene Elliott, as and for his commission for the negotiating of the sale of said real property to Thomas Arthur Budd, as his separate property, said sum being a fair and reasonable commiss!__ to be allowed infsaid sale, and said broker being a licensed realtor of the City of Newport Beach. 1 2 3 4 • 5 6 7 8 9 10 11 12 13 14 15 16 17 18 f9 20 21 22 23 24 25 26 27 28 29 30 ' 31 32 1 _I I hereby certify that the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach at a regular meeting thereof held on the 5th day of July, 1943, by the following vote, to -wit: e ALLEN 1 &BELL Rc.'3 WE KIRK UNA mayor or y or ewport Beacli-