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HomeMy WebLinkAbout2875 - Sale of Property to Gerhardt & Sudie SterlingRESOLUTION NO. 1 j 2 WHEREAS, GERHARDT T. STERLING and SUDIE A. STERLING, 3 husband and wife, have this day offered to the CITY OF NEWPORT 4 BEACH, the sum of $1600.00 for Lots 8, 16, 18, and SWly 15 feet 5 of Lot 20, Block 638; Lots 4 and 6, Block 742; all in Corona del 6 Mar, in the City of Newport Beach, as shown on a Map recorded 7 in Book 3, pages 41 and 42 of Miscellaneous Maps, records of 8 Orange County, California; and 9 WHEREAS, the said price is a fair and adequate price as 10 and for the p urchaseprice of said lots; and 11 WHEREAS, the City Council of the City of Newport Beach 12 deems thatit is for the best interests of said City that said 13 property besold for the said sum of $1600.00; and 14 WHEREAS, the price offered is just, fair and adequate 15 II and is not disproportionate to the real value of the property 16 11 above described. 17 NOW, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said Gerhardt T. Sterling and Sudie A. Sterling, 19 husband and wife, for the sum of $1600.00, free and clear of all 20 encumbrances, subject to She taxes for the fiscal year 1943 -44. 21 Also subject to conditions, restrictions and reservations of record 22 The Mayor and the City Clerk arehereby authorized and directed to 23 execute and deliver a deed for said property to the said parties 24 upon receipt of the consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $275.00 be paid 26 to W. J. Holcomb, as and for his commission for the negotiating 27 of the sale of said real property to Gerhardt T. Sterling and Sudie 28 A. Sterling, his wife, as joint tenants, said sum being a fair and 29 reasonable commission to be allowed in said sale, and said broker 30 being a licensed realtor of the City of Newport Beach. 31 32 I hereby certify that the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of • ZIP 1 2 3 4 5 6 7 8 9 10 11 12 13 14. , 15 17 18 19 20 21 22 23 24 25 26 27 28 \. 29 30 31 32 the City of Newport Beach at a regular meeting thereof held on the 7th day of September, 1943, by the following vote, to -wit: A TEST: ty le �iyvl2iULigSiSW: AUEO -mq ISCFI L R.EZD 00LI £ 'A00F HALL Mayor of the Utty of Newport B ach