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HomeMy WebLinkAbout2778 - Sale of Property to Leonard & Margaret ThompsonJ r1 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 NO.�J r Z1 WHEREAS, LEONARD L. THOMPSON and MARGARET THOMPSON, husband and wife, ha ve this day offered to the CITY OF NE19PORT Beach the sum of $1000 for Lot 43, Block A, Tract 6732 in the City of Newport Beach, as shown on a Map recorded in Book 202 pages 17 and 19 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 $1000.00; 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 Leonard L. Thompson and Margaret Thompson, husbadd and wife, for the sum of $1000.00, free and clear of all encumbran- ces, subject to the taxes for the fiscal year 1943 -44. Also subjec 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 parties upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $100.00 be paid to Ralph P. Maskey, as and for his commission for the negotiating of the sale of said real property to Leonard L. Thompson and Margaret Thompson, his wife, as joint tenants, 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 Council of 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 the City of Newport Beach at an adjourned regular meeting thereof held on the 11th day of May, 1943, by the following vote, to -wit: ALLEN '.�(:{ Is istiz;*s ATT T. �— Mayor of Je City of New— Beach C 1 e rk