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HomeMy WebLinkAbout2894 - Sale of Property to Harold Kingston1 - RESOLUTION NO 2' WHEREAS, HAROLD KINGSTON, has this day offered to the - 3 OF NEWPORT BEACH, the sum of $412.50 for SWly 15 feet of .CITY 4 Lot 19 and all of Lot 17, Block 542, Corona del Mar, in the City 5 of Newport Beach, as shown on a Map recorded in Book 3, pages 41 6 and 42 of Miscellaneous Maps, records of Orange County, California 7 and 8 WHEREAS, the said price is a fair and adequate price as 9 and for the purcbaseprice of said lots; 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 pro perty be sold for the said sum of $412.50; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property 15 above described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property be 17 sold to the said Harold Kingston for the sum of 0412.50, free and 18 clearof all encumbrances, subject to the taxes for the fiscal year 19 1943 -44. Also subject to conditions, restrictions and reservatio 20 of record. The Mayor and the City Clerk are hereby authorized an 21 directed to execute and deliver a deed for said property to the as 22 party upon receipt of the consideration above set forth. 23 BE IT FURTHER RESOLVED: That the sum of $75.00 be paid 24 to W. J. Holcomb, as and for his commission for the negotiating 25 of the sale of said real property to Harold Kingston, as his 26 separate property, said sum being a fair and reasonable commission 27 to be allowed in said sale, and said broker being a licensed 28 realtor of the City of Newport Beach. 29 30 I hereby certify that the above and foregoing Resolution 31 was duly and regularly passed and adopted by the City Council of 32 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, 19439 by the following vote, to -wit: V J IS? A' REED nsidE NOME H &_s Tayor o? thNG it o ��ewpor Beac �n Pty Clerk