HomeMy WebLinkAbout2995 - Sale of Property to Leone PeelE
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RESOLUTION NO.�
WHEREAS, LEONE D. PEEL, a widow, has this day offered to
the CITY OF NEWPORT BEACH, the sum of $275.00 for Lot 5, Block 642,
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 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 $275.00; 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 Leone D. Peel, a widow, for the sum of $275.00,
free and clear of all encumbrances, subject to the second half of
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. party upon receipt of the
consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $50.00 be paid
to R. C. Parker, as and for his commission for the negotiating of
the sale of said real property to Leone D. Peel, a widow, as her
separate property, 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
s duly and regularly passed and adopted by the City Council of
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the City of Newport Beach at a regular meeting thereof held on the
3rd day of April, 1944, by the following vote, towit:
AT EST:
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