HomeMy WebLinkAbout2705 - Sale of Property to John & Margaret PresslyC�
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RESOLUTION NO.e -1 o
WHEREAS, JOHN PRESSLY and MARGARET C. PRESSLY, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $200.00 for Lot 6, Block 734, 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 $200.00; and
WHEREAS, the price offered is gust, fair and adequate
and is not disproportionate to the real value of the property
labove described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said John Pressly and Margaret C. Pressly, husband
and wife, for the sum of $200.00, free and clear of all encumbrance
subject to the second half of the taxes for the fiscal yea4 1942 -43
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 $50.00 be paid
Ito W. J. Holcomb, as and for his commission for the negotiating
of the sale of said real property to John Pressly and Margaret C.
Pressly, his wife, as point tenants, said sum being a fair and rea-
sonable commission to be allowed in said sale, and said broker
being a licensed realtor of the City of Newport Beach.
3,
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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 18th day of January, 1943, by the following vote,
to -wit:
WELL Z M) OLi h:
OWE
X1100 J
T:
Mayor of th ` City of
Newport Beach