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HomeMy WebLinkAbout2710 - Sale of Property to Harry & Helen YoungVP- 1 RESOLUTION NO._ 2 WHEREAS, HARRY K. YOUNG and HELEN J. YOUNG, husband and 3 wife, have this day offered to the CITY OF NEWPORT BEACH, the sum It 4 of $325.00 for Lot 20, Block 333, Corona del Mar, in the City of 5 Newport Beach, asEhown on a Map recorded in Book 3, pages 41 and 6 42 of Miscellaneous Maps, records of Orange County, California; a: 7 WHEREAS, the said price is a fair and adequate price S i as and for the purchase price of said lot; and 9 WHEREAS, the City Council of the City of Newport Beach 10 deems that it is for the best interests of said City that said 11 property be sold for the said sum of $325.00; and 12 WHEREAS, the price offered 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 Harry K. Young and Helen J. Young, husband and 17 wife, for the sum of $325.00, free and clear of all encumbrances, 18 19 subject to the second half of the taxes for the fiscal year 1942— 20 43 and unpaid improvement assessments of record. Alsib subject to conditions, restrictions and reservations Bf record. The Mayor 21 22 and the City Clerk are hereby authorized and directed to execute and deliver a deed for said property to the said parties upon 23 24 receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $81.25 be paid 25 26 to Ralph P. Maskey, as and for his commission for the negotiating 27 of the sale of said real property to Harry K. Young and Helen J. 28 Young, his wife, as joint tenants, said sum being a fair and 29 reasonable commission to be allowed in said sale, and said broker 30 (being a licensed realtor of the City of Newport Beach. 31 32 l t 1 2 3, 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 City of Newport Beach at a regular meeting thereof held on the let day of February, 1943, by the following vote, to -wit: ;d Ay C1erlc i Ki RK, or of tie City of Newport Beach