HomeMy WebLinkAbout2938 - Sale of Property to Clarence & Bertha OlsonI
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RESOLUTION N0. `.,
WHEREAS, CLARENCE D. OLSON and BERTHA L. OLSON, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH,
the sum of $300.00 for Lot 22, Block 635, 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 beat interests of said City that said
property be sold for the said sum of $300.00; 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 Clarence D. Olson and Bertha L. Olson, husband
and wife, for the sum of $300.00, free and clear of all encum-
brances, subject to the second half of 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 $50.00 be paid
to W. J. Holcomb, as and for his commission for the negotiating
of the sale of said real property to Clarence D. Olson and Ber
L. Olson, his wife, as joint tenants, said sum being a fair and
reasonable commission to be allowed in said sale, and said brok
being a licensed realtor of the City of Newport Beach.
I hereby certify that the above and foregoing Resolutio .
was duly and regularly passed and adopted by the City Council of
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the City of Newport Beach at a regular meeting thereof held on
the 6th day of December, 1943, by the following vote, to -wit:
cyw :.b:.:_;a:
ALLIN ";??i ISBELL
Rcz7 HALF,