HomeMy WebLinkAbout3004 - Sale of Property to Albert HolmesN 4
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RESOLUTION NO,nT
WHEREAS, ALBERT B. HOLMES, a single man, has this day
offered to the CITY OF NEWPORT BEACH, the sum of $275.00 for Lot
19, Block 440, 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 $275.00; 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 Albert B. Holmes, a single man, for the sum of
$275.00, free and clear of all encumbrances, 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 party upon
receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of 450.00 be paid
to W. J. Holcomb, as and for his commission for the negotiating of
the sale of said real property to Albert B. Holmes, a single man,
said sum being a fair and reasonable commission to be allowed in
said sale, and said broker being a licensed realtor of the City
of Newport Beach.
I hereby certify that the above and foregoing Resolution
was duly and regularly passed and adopted by the City Council of
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regular meeting thereof held on the
following vote to —wit:
ALLE] M."gt ISFI:i�
PDX
Mayor of the city of Newport Beach