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HomeMy WebLinkAbout1663 - Sale of Property to Iner & Inelda Sheld-Ritchie1 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 RESOLUTION NO. WHEREAS, INER SHELD - RITCHIE and INELDA SHELD- RITCHIE, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $650.00 for Lots 22 and 24, Block 139, RE -SUB of CORONA DEL MAR in the city of Newport Beach, as shown on Map recorded in Book 4, page 67 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 deems that it is for the best interests of said City that said property be sold for the said sum of $650.00; 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 Iner Sheld- Ritchie and Inelda Sheld- Ritchie, husband and wife, for the sum of $650.00, free and clear of all encumbrances, 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. 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 an adjourned regular meeting thereof held on the 16th day of October, 1939, by the following vote, to -wit: APES, G6RnoQ j mLAA `,E ayo - i