HomeMy WebLinkAbout1820 - Sale of Property to Ross & Lillian Owen.0
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RESOLUTION NO.&p
WHEREAS, ROSS C. OWEN and LILLIAN M. OWEN, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the sum
of $650.00 for Lots 1 and 3, Block 241, Corona del Mar, in the
City of Newport Beach, as shown on 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 lots; 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 $650.00; 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 RossC. Owen and Lillian M. Owen, husband and wife
for the sum of $650.00, free and clear of all encumbrances, subjec
to the taxes for the fiscal year 1940 -41 and unpaid improvement
assessments of record. Also subject to conditions, restrictions
and reservations of record. The Mayor and the City Clerk are
hereby authorited and directed to execute and deliver a deed for
said property to the said parties upon receipt of the consideratio
above set forth.
BE IT FURTHER RESOLVED: That the sum of $65.00 be paid
to Earl W. Stanley, as and for his commission for the negotiating
of the sale of said real property to Ross C. Owen and Lillian M.
9wen, 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.
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S I
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 13th day of May, 1940 by the following vote, to -wit.
,6 YES, COUNCILMEN: REED
BROWN GORDON
1,OES, COUNCILMEN: NONE
ABSENT, COUNCILMEN: CLIURE
ALLN
Mayor of the City of Newport Beach.