HomeMy WebLinkAbout2057 - Sale of Property to George & Arte Arey11
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RESOLUTION N01
WHEREAS, GEORGE WILBUR AREY and ARTE CROSS AREY, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $150.00 for Lot 5, Block 234,' Lake Tract, in the City of
Newport Beach, as shown on a 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 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
land is not disproportionate to the real value of the property
labove described.
NOW, THEREFORE, BE IT $ESOLVED: That said property be
sold to the said George Wilbur Arey and Arts Cross Arey, husband
(wife, for the sun of $150.00, free and clear of all encumbrances,
subject to the second half of 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 sun of $15.00 be paid
to Ralph P. Maskey, as and for his commission for the negotiating o
the sale of said real property to George Wilbur Arey and Arts Cross
Arey, his wife, as joint tenants, said sun being a fair and reason-
able 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 Resolution
was duly and regularly passed and adopted by the City Council of
the City of Newport Beach at a regular meeting thereof held on
the 6th day of January, 1941 by the following vote, to -wit:
AYES, COUNMUIE N: REED CLAIRE ALLM
BROWN 6OR®OO
NOES, COUP MUIEN: NONE
ABSENT, CGUNCUEN: NONE
:. Mayor of the City of Newport B kc