HomeMy WebLinkAbout2200 - Sale of Property to Frank Root0
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RESOLUTION NO.
WHEREAS, FRANK B. ROOT,' has this day offered to the
CITY OF NEWPORT BEACH, the sum of $25.00 for Lot 19, 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 Frank B. Root, 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 Frank B. Root, said sum
being a fair and reasonable commission to be allowed in said
sale and said broker being a licensed realt or of the City of
Newport Beach.
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
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2 regular meeting thereof held on the 28th day of April, 1941,' by
3 the following vote, to -grit:
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.ty lerk
CD ENCILaMEN: REED CLAIRE ALLEN
BROWN GORDON
B ^T� COU201MEH: NONE
L1?2L,1V , COUNCILMEN: NONE
a6--, e 7 r,
Mayor of the City of Newport Beach