HomeMy WebLinkAbout2902 - Sale of Property to Francis & Judith Bacont
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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.
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I hereby certify that the above and foregoing Resolution
was duly and regularly passed nd a opted by the City Council of
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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
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