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HomeMy WebLinkAbout3032 - Sale of Property to Pearl Whetstone1I 2 3 4 5 6' 7 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 RESOLUTION NO. WHEREAS, Miss Pearls Whetstone, has this day offered to the CITY OF NEWPORT BEACH, the sum of $425.00 for Lot 9, Block 432, Corona del Mar, io the City of Newport Beach, as shown on a M 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 lBeach deems that it is for the best interests of said City that s property be sold for the said sum of $425.00 and WHEREAS, the price offered is dust, 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 Miss Pearls Whetstone, for the sum of $425.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1944 -45. Also subject to conditions, restrictions and reservations of record, The Mayor and the City Clerk are hereby lauthorized and directed to execute and deliver a deed for the said property to the said party upon receipt of the consideration above Iset forth. BE IT FURTHER RESOLVED: That the sum of $50.00 be paid to Ralph P. Maskey, as and for his commission for the negotiating of the sale of sAid real property to Miss Pearls Whetstone, the said sum being a fair and reasonable commission to hallowed in said sale, and said broker being a licensed realtor of the City of Newport Beach. I hereby certify that the above and foregoing 11 Resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach, w: ,K' s 1 2 3 4 5 6 7 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 at a regular meeting thereof held on the 1st day of May, 1944, by the following vote, to —wit: City Clerk , 1l AUR STANLEY ISOELL RK0 OiAfl P. CL a`%Yi;S NON(, Mayor oP a City of Newport Beach