HomeMy WebLinkAbout1469 - Sale of Property to NJ & Josephine Sanchez1
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RESOLUTION NO.j�[�1_
WHEREAS, N. J. SANCHEZ and JOSEPHINE F. SANCHEZ, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $250.00 for Lots 3 and 4, Block 139, Canal Section, in the
city of Newport Beach, as shown on Map recorded in Book 4, page
98 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 lotq; 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 $250.00; and
WHEREAS, the price offered is just, fair and adequate
and is not disproportionate to the real value of the property
above described.
NOW, THEREFORE, BE IT RESOLVED: That said property
be sold to the said N. J. Sanchez and Josephine F. Sanchez, husb
and wife, for the sum of $250.00, free and clear of all encumbra
subject to the City of Newport Beach and the County of Orange t
for the fiscal year 1939 -40, and unpaid improvement assessments
of record. The Mayoraand City Clerk are hereby authorized and
directed to execute and deliver a deed for said property to the
said parties upon receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $25.00 be paid
to Lew H. Wallace, as and for his commission for the negotiating
of the sale of said real property to N. J. Sanchez and Josephine
F. Sanchez, husband and wife, as joint tenants, 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.
S,
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4 I hereby' certify that the above and foregoing Resolutio
was duly and regularly passed and adopted by the City Council of
the City of Newport Beach at an adjourned regular meeting thereof
held on the 16th day of January, 1939, by the following vote,
to —wit:
COUNCI
NOES, COUNCILMEN: h \p Zee g
ABSENT, COUNCILMEN: o„
AA TEST:
"City =Clerk Mayor f the City of Newport Beach
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