Loading...
HomeMy WebLinkAbout2902 - Sale of Property to Francis & Judith Bacont 4 1 I 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 NO,11 _ WHEREAS, FRANCIS G. BACON and JUDITH A BACON, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $1,237.50 for NEly J of Lot 7 and all of Lot 9, Block 540; Lots 12, 14, 16, Block 541; Corona del Mar, 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 lots; 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 $1,237.50% and WHEREAS, the price offered is just, fair and adequate and not disproportionate to the real value of the property above described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Francis G. Bacon and Judith A. Bacon, husband and wife, for the sum of $1,237.50, free and clear, of all en- cumbrances, 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 $225.00 be paid to W. J. Holcomb, as and for his commission for the negoti- ating of the sale of said real property to Francis G. Bacon and Judith A. Bacon, his wife, as joint tenants, said sum being fair and reasonable commission to be allowed in said sale, and said broker being a licensed realtor of the City of Newport Beach. %W t 4 1 2 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 I hereby certify that the above and foregoing Resolution was duly and regularly passed nd a opted by the City Council of 64rww the City of Newport Beach at a,�r�egu ar meeting thereof held on the 20th day of September, 1943, by the following vote, to —wit: ATITE ST: erk ISV i REED HAU, OOME i. i Uzi: aaGv:iLu 3� �3il d.:5. "i��: