HomeMy WebLinkAbout1533 - Sale of Property to Victor & Helen GraceU
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RESOLUTION NO. 5 1�
WHEREAS, VICTOR F. GRACE and HELEN E. GRACE, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH,
the sum of $925.00 for Lots.10, 11 and 12, Tract 949, in the
City of Newport Beach, as shown on Map recorded in Book 30, page
7 of Miscellaneous Maps, records of Orange County, California; a
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 $925.00; 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 Victor F. Grace and Helen E. Grace, husband
and wife, for the sum of $925.00, free and clear of all
encumbrances, subject to the taxes for the fiscal year 1939 -40,
and unpaid improvement assessments of record. Also subject to
conditions, restrictions and reservations 6f record. The Mayor
and the City Clerk are hereby authorized and directed to execute
and deliver a dded for said property to the said parties upon
receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $52'50 be
paid to L. W. Briggs, as and for his commission for the negotiati
of the sale of said real property to Victor F. Grace and Helen E.
Grace, his 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
•
,
rye
1 I hereby certify that the above and foregoing
2 Resolution was duly and regularly passed and adopted by the
3 City Council of the City of Newport Beach at an adjourned
4 regular meeting thereof held on the 215th day of February, 1939,
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by the following vote to —wit:
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AY COUNCEN. �r Ovt a.re..
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NOES, COUNCILMEN: h
ABSENT, COUNCILMEN:����
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TTEST:
-11.
12 C ty Clerk Mayor — City of ewport Beach
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