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HomeMy WebLinkAbout1844 - Sale of Property to Waldo & Emma Laningd It 1 2 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. WHEREAS, WALDO LANING and EMMA R. LANING, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum Canal Section, Miscellaneous Maps 4-/ of 450.00 forLot 12, Block 140;tand Lots 19 and 21, Block 233, -4al in Lake Tract in the city of Newport Beach, as shown on Map recorded in Book 4, page 13 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 $450.00; 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 Waldo Laning and Emma R. Laning, husband and wife for the sum of $450.00, free and clear of all encumbrances, subjec to the taxes for the fiscal year 1940 -41 and unpaid improvement assessments of record. Also subject to conditions, restrictions and reservations of record. The Mayor and the City Clerk are hereby authorized and directed to emecute and deliver a deed for said property to the said parties upon receipt of the consideratio above set forth. BE IT FURTHER RESOLVED: That the sum of yo.00 be paid to Ralph P. Maskey, as and for his commission for the negotiating of the sale of said real property to Waldo Laning and Emma R. Lp.,;. his wife, as joint tenants, said sum being a fair and reasonable commission to be allowed in said sale, and said broker being a Ilicensed realtor of the City of Newport Beach. i 1 2 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 I hereby certify that the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of the 21ty of Newport Beach at an adjourned r4gular meeting thereof held on the 17th day of June, 1940 by the following vote, to -wit: AYES, COUNCILMEN: REED A`JM BROWN GORDON ,1V0ES, COUNCILMEN: NONE .ABSENT, COUNCILMEN: CLAIRE _.., Mayor of the City of Newport Beach TEST• C ty Clerk