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HomeMy WebLinkAbout1987 - Sale of Property to Howard & Nellie Legg• 1 21 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 RESOLUTION NO. WHEREAS, HOWARD FIFIELD LEGG and NELLIE V. LEGG, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $250.00 for Lot 36, Block "B ", Tract 673, in the City of Newport Beach, as shown on a Map recorded in Book 20, pages 17 and 18 of Miscellaneous Maps, records of Orange County, California;. an( 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 $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 Howard Fifield Legg and Nellie V. Legg, husband and wife, for the sum of $250.00, free and clear of all encumbrance subject 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 execute and deliver a deed for said property to the said parties upon receipt of t )2e consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $25.00 be paid to H. Cardoza Sloan, as and for his commission for the negotiating of the sale of said real property to Howard Fifield Legg, and Nellie V. Legg, 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. I hereby certify that the above and foregoing Resolution �Iwas duly and regularly passed and adopted by the City Council of s, • l�1 u 1 2 3 4 5 6 7 8 9 10� 11 i 13` 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 the City of Newport Beach at a regular meeting thereof held on the 5th day of August, 1940 by the following vote, to -wit: AYES, COUNCILMEN: REED CLAIRE AUEN BROWN GORDON A'DES, COUNCILMEN: NUWe ABSETJT; COUNCILMEN: NONE Mayor of the City of Newport