HomeMy WebLinkAbout1844 - Sale of Property to Waldo & Emma Laningd
It
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RESOLUTION NO.
WHEREAS, WALDO LANING and EMMA R. LANING, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the sum
Canal Section, Miscellaneous Maps 4-/
of 450.00 forLot 12, Block 140;tand Lots 19 and 21, Block 233,
-4al in Lake Tract in the city of Newport Beach, as shown on Map
recorded in Book 4, page 13 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 $450.00; 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 Waldo Laning and Emma R. Laning, husband and wife
for the sum of $450.00, 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 authorized and directed to emecute 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 yo.00 be paid
to Ralph P. Maskey, as and for his commission for the negotiating
of the sale of said real property to Waldo Laning and Emma R. Lp.,;.
his wife, as joint tenants, said sum being a fair and reasonable
commission to be allowed in said sale, and said broker being a
Ilicensed 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 21ty of Newport Beach at an adjourned
r4gular meeting thereof held on the 17th day of June, 1940
by the following vote, to -wit:
AYES, COUNCILMEN: REED A`JM
BROWN GORDON
,1V0ES, COUNCILMEN: NONE
.ABSENT, COUNCILMEN: CLAIRE _..,
Mayor of the City of Newport Beach
TEST•
C ty Clerk