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HomeMy WebLinkAbout3086 - Sale of Property to Harold & Fay BenedictRESOLUTION NO.'? '3 1 WHEMS, Harold E. Benedict and Fay V. Benedict, 2 husband and wife as joint tenants, have this day offered to the 3 CITY OF NEWPORT BEACH, the sum of 2 ' 7.00 for Lot 19, Block ��0, 4 Corona Del Mar, in the City of Newport Beach, as shown on a Map 5 recorded in Book 3, pages 41 and 42 of Miscellaneous Maps, re- 6 cords of Orange County, California; and 7 WHEREAS, the said price is a fair and adequate price 8 as and for the purchase price of said lot; and 9 WHEREAS, th6 City Council of the City of Newport Beach 10 deems that it is for the b=st interests of said City that said 11 property be sold for the said sum of $275.00 and 12 WHEREAS, the price &ffered is just, fair and adequate 13 and is not disproportionate to the real value of the property 14 above described. 15 NOW, THEREFORE, BE IT RESOLVED: That said property be 16 sold to the said Harold E. Benedict and Fay V. Benedict, husband 17 and wife as joint tenants, for the sum of $275.00, free and clear 18 of all encumbrances, subject to the taxes for the fiscal year 19 1944 -45. Also subject to conditions, restrictions and reservation 20 of record. The Mayor and the City Clerk are hereby authorized 21 and directed to execute and deliver a deed for the said property - 22 to the said party upon receipt of the consideration above set 23 forth. 24 BE IT FURTHER RESOLVED: That the sum df $50.00 be paid 25 to W. J. Holcomb, as and for his commission for the negotiating 26 of the sale of said real property to Harold E. Benedict and Fay 27 V. Benedict, husband and wife as joint tenants, the said sum being 28 a fair and reasonable commission to be allowed in said sale, and 29 said broker being a licensed realtor of the -City of Newport Beach. 30 I hereby certify that the above and foregoing Resolution 31 was duly and regularly passed and adopted by the City CouncH.l of 32 the City of Newport Beach, E 1 2 3 4 5 6 7 8 9 10 11 12 li 13 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 at a regular meeting thereof held on the 2nd day of October, 1944, by the following vote, to wit: � . C NUNV ATTEST: L'� 101ty Cle r r