Loading...
HomeMy WebLinkAbout2874 - Sale of Property to Edward & Frances Mayo1 RESOLUTION NOA 0'i', �T 2 WHEREAS, EDWARD H. MAYO and FRANCES ALICE MAYO, husband 3 and wife, have this day offered to the CITY OF NEWPORT BEACH, the 4 sum of $350.00 for Lots 34 and 35, Block 431, Lancaster Addition, 5 in the City of Newport Beach, as shown on a Map recorded in Book 5, 6 page 14 of Miscellaneous Maps, records of Orange County, California 7 and 8 WHEREAS, the said price is a fair and adequate price as 9 and for the purchase price of said lots; and 10 WHEREAS, the City Council of the City of Newport Beach 11 deems that it is for the best interests of said City that said 12 property be sold for the said sum of $350.00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportunate to the real value of the property 15 above described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property be 17 sold to the said Edward H. Mayo and Frances Alice Mayo, husband 18 19 and wife, for the sum of $350.00, free and clear of all encumbrance , 20 subject to the taxes for the fiscal year 1943 -44. Also subject to conditions, restrictions and reservations of record. The Mayor 21 and the City Clerk are hereby authorized and directed to execute 22 23 and deliver a deed for said property to the said parties upon receiptof the consideration above set forth. 24 25 BE IT FURTHER RESOLVED: That the sum of $35.00 be paid 26 to Ralph P. Naskey, as and for his commission for the negotiating 27 of the sale of said real property to Edward H. Mayo and Frances 28 Alice Mayo, his wife, as joint tenants, said sum being a fair and 29 reasonable commission to be allowed in said sale, and said broker . 30 being a licensed realtor of the City of Newport Beach. 31 I hereby certify that the above and foregoing Resolution 32 was duly and regularly passed and adopted by the City Council of 1 2 the City of Newport Beach at a regular meeting thereof held on 3 the 7th day of September, 1943, by the following vote, to -wit: 5 6 7 8 9 10 11 12 A E 13 y 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 • 29 30 31 32 ST: ler PI I FU WALL Mayor of�ity of Newport Beach