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HomeMy WebLinkAbout2866 - Sale of Property to RG & Glenna Kinsman1 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., °', " WHEREAS, R. G. KINSMAN and GLENNA KINSMAN, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $340.00 for Lot 65, Tract 652, in the City of Newport Beach, as shown on a Map recorded in Book 20, page 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 340.00; and WHEREAS, the price offered is Just, fair and adequate and is not disproportunate to the real value of the property above described. NOW, gHEREFORE, BE IT RESOLVED: That said property be sold to the said R. G. Kinsman and Glenna Kinsman, husband and wife for the sum of $340.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 194344. 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 of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $95.00 be paid to Earl W. Stanley, asand for his commission for the negotiating of the sale of said real property to R. G. Kinsman and Glenna Kinsman, his wife, as ,Joint tenants, said sum being a fairand 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' 41' 5 6 7i 8i 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 7th day of September, 1943, by the following vote, to -wit: _:�' ISSRI L REED PALE d:... i.. .iY Vi�'li�IS 11i S ���• �W VW� ayor of the City of ewpor Beach