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HomeMy WebLinkAbout2889 - Sale of Property to Milfred Hyde1 RESOLUTION N0. L `` 2 3 WHEREAS, MILDRED A. HYDE, a single woman, has this day 4 offered to the CITY OF NEWPORT BEACH, the sum of $350.00 for Lot 5 2, Block 730, Corona del Mar, in the City of Newport Beach, as 6 shown on a Map recorded in Book 3, pages 41 and 42 of Miecell- 7 aneous Maps, records of Orange County, California; and 8 WHEREAS, the said price is a fair and adequate price 9 as and for the purchaseprice of said lot; 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 I 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 disproportionate 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 Mildred A. Hyde, a single woman, for the sum of 18 $350.00, free and clear of all encumbrances, subject to the taxes 19 for the fiscal year 1943 -44, Also subject to conditions, restftct 20 ions and reservations of record. The Mayor and the City Clerk are 21 herby authorized and directed to execute and deliver a deed for 22 said property to the said party upon receipt of the consideration 23 above set forth. 24 BE IT FURTHER RESOLVED: That the sum of $87.50 be paid 25 to W. J. Holcomb, as and for his commission for the negotiating 26 of the sale of said real property to Mildred A. Hyde, a single 27 woman, as her separate property, said sum being a fair and reason - 28 able commission to be allowed in said sale, and said broker being 29 a licensed realtor of the City of Newport Beach. 30 I hereby certify that the above and foregoing Resolution 31 was duly and regularly passed and adopted by the City Council of 32 1 2 3 4 5 6 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 z the City of Newport Beach at a regular meeting thereof held on the 7th day of September, 1943, by the following vote, to -wit: Ito.:, REED FALL oUOE ,ALSLAUT, 6 i �.eti;:si�: ti�OR11F Mayor of the -'ity of Newport ge—ach