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HomeMy WebLinkAbout2831 - Sale of Property to Edgar & Helen Bonsalli • 1 2 3 4 5 6 7 8 9 10 I 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, EDGAR R. BONSALL and HELEN W. BONSALL, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $1100.00 for Lot 1, Block "I ", Tract No. 323, Eorona del Mar in the City of Newport Beach, as shown on a Map recorded in Book 14, pages 4o and 41 of Miscellaneous Maps, records of Orange County California; and r, 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 ofNewport Beach deems that it is for the best interests of said City that said property be sold for the said sum of $1100.00; and WHEREAS, the price offered is just, fair and adequate and is not disproportionate to the real value of the property labove described. NOW, THEREFORE, BE IT RESOLVED, That said property be sold to the said Edgar R. Bonsall and Helen W. Bonsall, husband and wife, for the sum of $1100.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1943 -44. Also subject 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 ofthe consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $110.00 be paid to A. J. Twist, as and for his commission for the negotiating of the sale of said real property to Edgar R. Bonsall and Helen W. Bonsall, his wife, as joint tenants, said sum being a fair and reasonable commission to be allowed in said sale, and said broker ing a licensed realtor of the City of Newport Beach. I hereby certify that the above and foregoing Resolution duly and regularly passed and adopted by the City Council of 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 the City of Newport Beach at a regular meeting thereof held on the 2nd day of August, 1943, by the following vote, to -wit: 7 0n�,4. 51• 1 !1174 REED NUKE M �!It FAI.L 1 Mayor of a City of ewport Beach i