HomeMy WebLinkAbout3012 - Sale of Property to William & Sybil Shields•
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RESOLUTION N0, 10 .
WHEREAS, WILLIAM L. SHIELDS AND SYBIL J. SHIELDS,
husband and wife, as point tenants, have this day offered to the
CITY OF NEWPORT BEACH, the sum of $450.00 for Lot, 69, Tract 682,
Corona del Mar, in the City of Newport Beach, as shown on a Map
recorded in Book 20, Page 19, 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 $450.00; and
WHEREAS, the price offered is dust, fair and adequate
and is not disproportionate to the real value of the property
described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said William L. Shields and Sybil J. Shields, husband
and wife as point tenants, for the sum of $450.00, free and clear o
all encumbrances, subject to the taxes for.',the fiscal year- 194445.
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 $50.00 be paid
to W. J. Holcomb, as and for his commission for the negotiating of
the sale of Bald real property to William L.- Shields and Sybil J.
Shields, husband and wife, 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 the City of Newport Beach
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at a regular meeting thereof held on the 18th day of April, 1944,
the the following vote, to —wit:
y Clerk
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