HomeMy WebLinkAbout2176 - Sale of Property to Nelson & Edna Holmwoodt
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RESOLUTION NO.�
WHEREAS, NELSON HOLMWOOD and EDNA L. HOLMWOOD, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $500.00 for Lot 2, Block BB, Tract No. 323, Corona del Mar,
in the City of Newport Beach, as shown on a Map recorded in Book
14, pages 40 and 41 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 $500.00; and
WHEREAS, the price offered is just, fair and adequate
bland 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 Nelson Holmwood and Edna L. Holmwood, husband and
wife, for the sum of $500.00, free and clear of all encumbrances,
subject to the taxes for the fiscal year 1941 -42 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 $125.00 be
paid to F. L. Andrews, as and for his commission for the
negotiating of the sale of said real property to Nelson Holmwood
and Edna L. Holmwood, husband and 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 Resolutio:
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 28th day of April, 1941, by the following vote, to -wi
:EST:
y Clerk
AYES, COUNCILMEN: REED CLAIRE ALLEN
BROWN GORDON
NOES, COUNCILMEN: NUNS
ABSENT, COUNCiLMEN: NONE
.aY
yor of a C1 y o Newpor Beac