HomeMy WebLinkAbout2500 - Sale of Property to Wayne & Ruth Brookshire6
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RESOLUTION NO.
WHEREAS, WAYNF BROOKSHIRE and RUTH BROOKSHIRE, husband
and wife, have this day offered to the CITY OF NEWPORT BF.A.CH, the
sum of 0500.00 for that portion of Block "D ", Corona del Mar, in
the City of Newport Beach, as shown on a Man recorded in Book j,
pages 41 and 42 of Miscellaneous Maps, records of Orange County,
California, described as follows:
A Dart of Block "D ", Corona del Mar, commencing
at a stake near the bottom of cement steps at
the junction of Kanyon Drive and Pacific Drive,
then (be up the bluff 103 feet, thence toward the
ocean 20 feet; thence South 65 feet; thence 59
feet to property line on Pacific Drive; thence
41.42 feet to the point of begi.nnino;.
WHEREAS, the said price is a fair and adequate price
as and for the purchase price of said property; 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 8500.00; and
WHEREAS, the price offered is just, fair and adequate
land is not disoroportionate to the real value of the property
labove described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said Wayne Brookshire and Ruth Brookshire, husband and
lwife, for the sum of ?500,00, free and clear of all encumbrances,
subject to the second half of the taxes for the fiscal year 1941 -42
and unpaid. i_mnrovement 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 Droperty to the said parties upon
receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of 8125.00 be paid.
to H. Cardoza Sloan, as and for his commission for the negotiating
of the sale of said real property to Wayne Brookshire and Ruth
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1, .,
Brookshire, 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.
I hereby nertify that the above and foregoing Resol-utio
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 1st day of 7ecember, 1941, by the following vote, to -wit:
REED CLAIRE ULIN
NUKE
Kam
�) Mayor of the City of Newport Beach
3MT: r
City I r — - --