HomeMy WebLinkAbout1988 - Sale of Property to John & Lucy Smith•
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RESOLUTION NO.A
WHEREAS, JOHN HEATON SVITH and LUCY SMITH, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the sum
of $650.00 for Lots 23 and 25, Block 141,Resubdivision of Corona
del Mar, in the city of Newport Beach, as shown on a Map recordedi
in Book 4, page 67 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 John Heaton Smith end Lucy Smith, husband and
wife, for the sum of $650.009 free and clear of all encumbrances
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 the
consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $65.00 be paid
to Frank Andrews, as and for his commission for the negotiating
of the sale of said real property to John Heaton Smith and Lucy
Smith, 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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I hereby certify that the above and foregoing Resoluti
was duly and regularly passed and adopted by the City Council of
the City of Newport Beach at a 8peciikl Meeting thereof held on
the 16th day of August, 1940 by the following vote, to -wit:
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'City Clerl
AYES, COUMILMEN: REED CLAIRE ALLEN
BROWN GORDON
NOES, COURGILR N: NONE
ABSENT, COURC&MEN: NONg
6 / a J/� ,
Mayor of the City of ewport eac