HomeMy WebLinkAbout2842 - Sale of Property to Hector & Charlotte Gibbons1
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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 $375.00 for the Northerly 20 feet of Lot 12,
and the SoyAtherly 20 feet of Lot 14, Block 435, Coro na 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 $375.00; 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 $375.00, free and clear of all
encumbrances, subject to the taxes for the fiscal year 1943 -44.
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 $93.75 be paid
to W. J. Holcomb, 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 bDeing 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 9th day of August, 1943, by the following vote, to -wit
MBEL1 FEED HA?.
r . RUNE
r ,N1:
A T ST:
Mayor of' City of Newport Beacc
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