HomeMy WebLinkAbout2197 - Sale of Property to Russel Leidys
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RESOLUTION NO,_
WHEREAS,' RUSSEL L. LEIDY, has this day offered to the
CITY OF NEWPORT BEACH, the sum of $25.00 for Lot 17, Block 736,
Corona del Mar, in the City of Newport Beach, as shown on a Map
recorded in Book 3, pages 41 and 42 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 $25.00; 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 Ruasel L. Leidy for the sum of $25.00,
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 party upon receipt of the consideration
above set forth.
BE IT FURTHER RESOLVED: That the sum of $6.25 be paid
to F. L. Andrews, as and for his commission for the negotiating
of the sale of said real property to Russel L. Leidy, 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
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 28th day of April, 1941
by the following vote, to —wit:
L.TES, COUNC:L? EH., PE79 CLAIP.r ALLEN
BROWN GORDON
ETOES, CCUa'X L IEH: NunG
ABSEWT, COUNCILM: NONE
TEST: Mayor of the City of Newport Beach,
ity clerk