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HomeMy WebLinkAbout3027 - Sale of Property to Mary & Richard Munsons ;-jr� 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 RESOLUTION NO. 11" WHEREAS, Mary R. Munson and Richard E. Munson, mother and son as point tenants, have this day offered to the CITY OF NEWPORT BEACH, the sum of 4300.00 for Lot 18, Block 533, Corona del Mar, in the City of Newport Beach, as shown on a Map recorded in Book 3, Pages 41 and 42 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 $300.00 and WHEREAS, the price offered is dust, fair, and adequate and is not disproportionate to the real value of the property abov described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Mary R. Munson and Richard E. Munson, Mother and son as point tenants, for the sum of $300.00, free and clear of encumbrances, subject to the taxes for the fiscal year 1944-45• 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 the said property to the said party upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $50.00 be paid to W. J. Holcomb, as and for his commission for the negotiating of the sale of skid real property to to Mary R. Munson and Richard E. Munson, mother and son as point tenants, the said sum being a fair and 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 the City of Newport Beach, I at a regular meeting thereof held on the let day of May, 1944, by 2 the following vote, to -wit: 3 Al LR STANLEY is 4 1", U- REED PALL. 5 E'_..rL.LC..ZI NONE. 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Iq 29 30 31 32 Clerk I Mayor of thelCity of Newport Beach