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HomeMy WebLinkAbout3162-A - Sale of Property to Olive Jeanne Krost0 1 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 NOJ k WHEREAS, Olive Jeanne Krost, a single woman, has this day offered to the CITY OF NEWPORT BEACH, the sum of $930.00 for Lot 4, Block "P ", Tract 323, Corona del Mar, in the City of Newport Beach, as shown on a Map recorded in Book 14, pages 40 and 41 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 6830.00; and WHEREAS, the price offered is dust, 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 Oliva Jeanne Krost, a single woman, for the sum of 6830.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1945 -46. The Mayor and the City Clerk are hereby authorized and directed to execute and deliver a deed for the said property to the said party upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $93.00 be paid to Ralph P. Maskey, as and for his commission for the negotiating of the sale of said real property to Olive Jeanne Krost, a single woman, the 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 �lCouncil of the City of Newport Beach, 0 1 2 3 4 5 6 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 r —2— at a regular meeting thereof held on the 7th day of tUW, 19451 by the following vote, to -wit: or or the vity w 'd, STANLEY NONE