HomeMy WebLinkAbout1553 - Sale of Property to Frederic & Anne Spellicyt
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RESOLUTION NO.
WHEREAS, FREDERIC R. SPELLICY and ANNE E.kSPELLICY,
brother and sister, have this day offered to the CITY OF NEWPORT
BEACH the sum of $300.00 for Lot 76, Tract 946, in the City of
Newport Beach, as shown on Map recorded in Book 30, page 7 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 just, fair and adequate
and is not disporportionate to the real value of the property
above described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said Frederic R. Spellicy and Anne E. Spellicy, brot
and sister, for the sum of $300.00, 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 of record. The Mayor
and the 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 se6 forth.
BE IT FURTHER RESOLVED: That the sum of $30.00 be paid
to L. W. Briggs, as and for his commission for the negotiating
of the sale of said real property to Frederic R. Spellicy and
Anne E. Spellicy, brother and sister, as joint tenants, said sum ,
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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.
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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 an adjourned
regular meeting thereof held on the 25th day of February, 1939,
by the following vote to -wit:
NOES, COUNCILMEN: "o:tNe.
ABSENT, 001