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HomeMy WebLinkAbout2952 - Sale of Property to Fred & Tressa Briggs7 LJ • 1 M 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. 5'D� WHEREAS, FRED W. BRIGGS and TRESSA M. BRIGGS, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $800.00 for Lot 9, Block 14, Tract 234, in the City of Newport Beach, as shown on a Map recorded in Book 13, pages 36 and 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 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 $800.00; and WHEREAS, the price offered is just, fair and adequate and is not disproportionate to the real value of the property above described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Fred W. Briggs and Tressa M. Briggs, husband.and wife, for the sum of $800.00, free and clear of all encumbrances, subject to the second one —half of the taxes for the fiscal year 1943 -44. Also subject to conditions, restrictions and reservation( 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 $80.00 be paid to H. M. Lane, as and for his commission for the negotiating of the sale of said real property to Fred W. Briggs and Tressa M. Briggs, his wife, as joint tenants, said sum being a fair and reasonable commission to be allowed in said sale and said broker being a licensed realtor of the City of Newport Beach. I hereby certify that the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of I LJ • --I.. 1 2 3 4 5 6 7 8 9 10 11 12 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 _VWi the City of Newport Beach at an adjourned regular meeting thereof held on the 17th day of January, 1944, by the following vote, to -wit: ss _M M 0 MEW, viol muu �I�9N€