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HomeMy WebLinkAbout2219 - Sale of Property to Charles Wetzel-lam, 1 RESOLUTION NO./. 2 WHEREAS, CHARLES WETZEL, a married man, has this day 3 offered to the CITY OF NEWPORT BEACH, the sum of $150.00 for Lots lg and 20, Block 541, Corona del Mar, in the City of Newport 5 Reach, as shown on a Map recorded in Book 3 pages 41 and 42 of 6 Miscellaneous Maps, records of Orange County, California; and 7 WHEREAS, the said price is a fair and adequate price 8 as and for the purchase price of said lot; and 9 WHEREAS, the City Council of the City of Newport Beach 10 deems that it is for the best interests of said City that said 11 property be sold for the said sum of $150.00; and 12 WHEREAS, the price offered is just, fair and adequate 13 and is not disproportionate to the real value of the property 14 strove described. 15 NOW, THEREFORE, BE IT RESOLVED: That said property be 16 sold to the said Charles Wetzel, a married man, for the sum of 17 $150.00, free and clear of all encumbrances, subject to the taxes 18 for the fiscal year 1941 -42, and unpaid improvement assessments 19 of record. Also subject to conditions, restrictions and 20 reservations of record. The Mayor and the City Clerk are hereby 21 authorized and directed to execute and deliver a deed for said 22 property to the said party upon receipt of the consideration 23 above set forth. 24 BE IT FURTHER RESOLVED: That the sum of $37.50 25 be paid to Gerald W. Ritchie, as and for his commission for the 26 negotiating of the sale of said real property to Charles Wetzel, 27 a married man, said sum being a fair and reasonable commission 28 to be allowed in said sale, and said broker being a licensed 29 realtor of the City of Newport Beach. 30 31 32 1 I hereby certify that the above and foregoing Resolution 2 was duly and regularly passed and adopted by the City Council of 3 the City of Newport Beach regular meeting thereof held on 4 the 5th day of May, 1941, by the following vote, to -wit: 5 6 7 AYES, er"14C'LlOEM+: REED CLAIRE ALLEN 8 BROWN GORDON g 10 i, G�c3�ti�r�EN: NONE 11 12 13 _) 14 A EST: 15 Mayor of the City of Newport Beach 16. ty Clerk 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 s