HomeMy WebLinkAbout2427 - Sale of Property to Hector & Charlotte Gibbons•
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RESOLUTION NO.� —(
WHEREAS, HECTOR L. GIBBONS and CHARLOTTE A. GIBBONS,
husband and wife, have this day offered to the CITY OF NEWPORT
BEACH, the sum of $300.00 for the Northeasterly 20 feet of Lot 12,
and the Southwesterly 20 feet of Lot 14, Block 435, 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 lots; 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 $300.00; 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 Hector L. Gibbons and Charlotte A. Gibbons,
husband and wife, for the sum of $300.00, 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 $75.00 be paid
to C. E. De Witt, as and for his commission for the negotiating
of the sale of said real property to Hector L. Gibbons and
Charlotte A. Gibbons, his 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.
AWL
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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 October, 1941, by the following vote, to —wit:
PEST: A�
ty Clerk''
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AYES, C9tHiMLKfl'. REED RLLEM
* BROWN WINK
NONE
ayor of the ity of ewport each