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HomeMy WebLinkAbout2278 - Sale of Property to Ben & Harry Whitman1 RESOLUTION 170 2 WHEREAS, BE11 J. 17HITI'AN and HARRY E. 7riIT7;.A721, brothers, 3 . have this day offered to the CITY OF ",EINPORT BEACH, the sum of 4 X150,00 for Lot 5, Block 734, Corona del Liar, in the City of 5 Newport Beach, as shown on a nap recorded in Book 3, pages 41 6 and 42 of miscellaneous Paps, records of Orange County, California; 7 and 8 ?IHEREAS, the said price is a fair and adequate price 9 as and for the purchase ,)rice of said lot; and 10 WHEREAS, the City Council of the City of Newport Beach 11 deems that it is for the best interests of said City that said 12 property be sold for. the said sum of $150.00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property 15 above described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property be 17 sold to the said Ben J. Whitman and Harry E. Whitnan, brothers, 18 for the sum of "$150.00, free and clear of all encumbrances, subject 19 to the taxes for the fiscal year 1941 -42 and unpaid improvement 20 assessments of record. Also subject to conditions, restrictions 21 and reservations of record. The Layor and the City Clerk are 22 hereby authorized and directed to execute and deliver a, deed for 23 said property to the said parties upon receipt of the coi-sideration 24 above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $37.50 be paid 26 to G. W. Ritchie, as and for 1_is corbaission for the negotiating 27 of the sale of said real property to Ben J. 1'Tnitman and Harry E. 28 29 Whitman, brothers as joint tenants, said sum being a fair and reasonable commission to be alloyed in said sale and said broker 30 being a licensed realtor of the City of Newport Beach. 31 32 rj U 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 O'. 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 19th day of May, 1941, by the following vote, to -wit: e RE`J CLAIRE BROWN GORDON ABS.Eii, , CCa.IIQLMEN. NONE or o ALLEN f Newoort Bei