HomeMy WebLinkAbout2306 - Sale of Property to EB Ackerman Company+ J
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RESOLUTION Xo.
WHERZAE, E. B. ACKERMAN COMPANY INC., has this flay
offered to the CITY OF NEWPORT BEACH, the sun of "1050.00 for i
Lots 1, 3, 5, 7, 9, 11 and 12, Block 740, Corona del Lax, in the
City of Newport Beach, as shown on a Map recorded in Hook 3, pages
41 and 42 of Kiscellaneous Laps, records of Orange County,
California; and
T;iER']AS, 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 81050.00; and
WHEREAS, the price offered is just, fair and adequate
and is not disproportionate to the real value of the property i
above described.
i NOW, THEREFORE, BE 1T RESOLVED: That said property be `
isold to the said E. B. Ackerman Company, Inc. for the sum of
$1050.00, free and clear of all encumbrances, subject to the taxes
;for the fiscal year 1941 -42 and unpaid improvement assessrents 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 party upon receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $262.50 be paid
to G. W. Ritchie, as and for his commission for the negotiating
of the sale of said real property to E. B. Ackerman Company, Inc.
.said sum being a fair and reasonable commission to be allowed in
i
;said sale, and said broker being a licensed realtor 6f the City
of Newport Beach.
A
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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 i
the 2nd day of June, 1941, by the following vote, to-wit.,
rk
REED CLAIRE
BROWN GOROOK
ALLEN