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HomeMy WebLinkAbout2031 - Sale of Property to Earl & Maxine Stahlr] • 1 2 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, EARL C. SEXTON and MAXINE W. STAHL, have this day offered to the CITY OF NEWPORT BEACH, the sum of $150.00 for Lot 9, Block 139, Canal Section, in the city of Newport Beach, as shown on a Map recorded in Book 4, page 99 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 $150.00; and WHEREAS, the price offered is just, fair and adequate and is not disproportionate to the real value of the property abo ,m described. NOW, THEREFORE, BE IT RESOLVEDt That said property be sold to the said Earl C. Sexton and Maxine W. Stahl, as joint tenants with the right of survivorship, for the sum of $150.00 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 patties upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED, That the sum of $15.00 be paid to Ralph P. Maskey, as and for his commission for the negotiating of the sale of said real property to Earl C. Sexton and Maxine W. Stahl, as joint tenants with the right of survivorship, 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 • • 1 2 3 4 6 7 8 9 10 11 A2.,_ 13= 14� 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 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 29th day of October, 1940 by the following vote, to -wi� ST: e A TES, COUNCILMEN' REED CLAIRE ALLEN BROWN GORDON FOES, Ccuncluir -N: NONE ABSENT, COE9I'1CILMEN: NONE i ell Mayor of the City of Newpor