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HomeMy WebLinkAbout1610 - Sale of Property to Laurence & Ethel DouglasIP z • I , 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 r f RESOLUTION NO'S WHEREAS, LAURENCE A. DOUGLAS and ETHEL R. DOUGLAS, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $100.00 for Lots 9 and 11, Block 532, Corona del Mar, in the city of Newport Beach, as shown on 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 lots; 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 $100.00; 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 saidproperty be sold to the said Laurence A. Douglas and Ethel R. Douglas, hust and wife, for the sum of $100.00, free and clear of all encumbi subject to the taxes for the fiscal year 1939 -40, and unpaid improvement assessments of record. 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 $10.00 be paid to G. W. Ritchie, as and for his commission for the negotiating of the sale of said real property to Laurence A. Douglas and Ethel R. Douglas, his wife, as joint tenants, 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. :s, r , H j ' .r 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 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 at a regular meeting thereof held on the let day of May, 1939 by the following vote, to -wit: AYES, COUNCILMEN: GORDON CLAIRE WHITSOi BROWN WILLIAMSON NOES, COUNCILMEN: NONE ABSENT, COUNCILMEN: NONE ayor City of Newport Beach.