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HomeMy WebLinkAbout2888 - Sale of Property to Oscar & Winifred Brown1 RESOLUTION N0. fJ 2 WHEREAS, OSCAR C. BROWN and WINIFRED M. BROWN, husband 3 and wife, have this day offered to the CITY OF NEWPORT BEACH, the • 4 sum of $925.00 for Lot 1, Block 639; Lots 13, 15 and 17, Block 5 739s all in Corona del Mar, in the City of Newport Beach, as 6 7 shown on a Map recorded in Book 3, pages 41 and 42 of Miscellaneou 8 Maps, records of Orange County] California; and 9 WHEREAS, the said price is a fair and adequate price 10 as and for the purchase price of said lots; and 11 WHEREAS, the City Council of the City of Newport Beach 12 deems that it is for the best interests of said City that said 13 property be sold for the said sum of $925.00; and 14 WHEREAS, the price offered is just, fair and adequate 15 and is not disproportionate to the real value of the property 16 above described. 17 NOW, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said Oscar C. Brown and Winifred M. Brown, husband and 19 wife, for the sum of $925.00, free and clear of all encumbrances, 20 subject to the taxes for the fiscal year 1943 -44. Also subject to 21 conditions, restrictions andreservations of record. The Mayor and 22 the City Clerk are hereby authorized and directed to execute and 23 deliver a deed for said property to the said parties upon receipt 24 of the consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $231.25 be paid 26 to W. J. Holcomb, as and for his commission for the negotiating 27 of the sale of said real property to Oscar C. Brown and Winifred 28 M. Brown, his wife, as joint tenaagg,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 I hereby certify that the above and foregoing Resolution S2 was duly and regularly passed and adopted by the City Council of 1 2 3 4 5 6 7 8 9 10 11 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 1 the City of Newport beach at a regular meeting thereof held on the 7th day of September, 1943, by the following vote, to -wit: P! EN 91M ISVP l REED HALL Mayor of the ty of Newport each ST: