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HomeMy WebLinkAbout2884 - Sale of Property to Glen Martin'�D 1 RESOLUTION NO 2 3 WHEREAS, GLEN 0. MARTIN, a married man, has this day 4 offered to the CITY OF NEWPORT BEACH, the sum of $200.00 for Lot 7, 5 Block 536, Corona del Mar, in the City of Newport Beach, as shown 6 ion a Map recorded in Book 3, pages 41 and 42 of Miscellaneous Maps, 7 records of Orange County, California; and 8 WHEREAS, the said price is a fair and adequate price as 9 and for the purchase price of said lot; and 10 WHEREAS, the City Council of the City of Newport Beach 11 deems that it is for the best interests of said City that said 12 property be sold for the said sum of $200.00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property above 15 described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property be 17 sold to the said Glen 0. Martin, a married man, for the sum of 18 $200.00, free and clear of all encumbrances, subject to the taxes 19 for the fiscal year 1943 -44. Also subject to conditions, re- 20 strictions and reservations of record. The Mayor and the City 21 Clerk are hereby authorized and directed to execute and deliver a 22 deed for said property to the said parties upon receipt of the 23 consideration above set forth. 24 BE IT FURTHER RESOLVED: That the sum of $50.00 be paid 25 to W. J. Holcomb, as and forhis commission for the negotiating of 26 the sale of said real property to Glen 0. Martin, a married man, 27 as his separate property, said sum being a fair and reasonable 28 commission to be allowed in said sale, and said broker being a 29 licensed realtor of the City of Newport Beach. 30 I hereby certify that the above and foregoing Resolution 31 was duly and regularly Fa ssed and adopted by the City Council of 32 • 9 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 a regular meeting thereof held on the 7th day of September, 1943, by the following vote, to --wit: t�ciME qV ®� HALL ATTEST: n ayor of the ty of Newport B ac