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HomeMy WebLinkAbout1232 - Sale of Property to Hubbard & Martha Howe1 RESOLUTION NO. -�� 2 WHEREAS, HUBBARD C. HOWE and MARTHA D. HOWE, husband 3 4 and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $150.00 for Lot 20, Tract 692, Corona Del Mar, 5 as shown on Map recorded in Book 20, page 19 of Miscellaneous 6 Maps, records of Orange County, California; and 7 WHEREAS, the said price is a fair and adequate price 8 as and for the purchase price of said lot; and 9' WHEREAS, the City Council of the City of Newport Beach 10 deems that it is for the best interests of said City that said 11 property be sold for the said sum of $150.00; and 12 WHEREAS, the price offered is just, fair and adequate 13 and is not disproportionate to the real value of the property 14 above described. 15 NOW, THEREFORE, BE IT RESOLVED: That said property 16 be sold to the said Hubbard C. Howe and Martha D. Howe, husband 17 and wife, for the sum of $150.00, free and clear of all 18 encumbrances, subject to the taxes for the second half of 19 the fiscal year 1937-39, and unpaid improvement assessments 20 of record. Also subject to conditions, restrictions and 21 reservations of record. And the Mayor and the City Clerk are 22 hereby authorized and directed to execute and deliver a deed 23 for said property to the said parties upon receipt of the 24 consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $15.00 be 26 paid to H. Cardoza Sloan, as and for his commission for the 27 negotiating of the sale of said real property to Hubbard C. 28 Howe and Martha D. Howe, as joint tenants, said sum being a 29 fair and reasonable commission to be allowed in said sale, 30 and said broker being a licensed realtor of the City of 31 Newport Beach. 32 0 L� 1 2 3 4 5 6 7 8 9 10 11 1-3 ig 15. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 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 at a regular meeting thereof held on the 7th day of February, 1938, by the following vote, to -wit: , NOES, COUNCILMEN: �� ��� P- . ABSENT, COUNCILMEN: p:ri ch, ATEST:: , - . ity llij ladyor of the city of Newport Beach