HomeMy WebLinkAbout2484 - Sale of Property to William & Florence Davison11
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RESOLUTION NO.�$—,
WHEREAS, WILLIAM DAVISON and FLORENCE E. DAVISON,
husband and wife, have this day offered to the CITY OF NEWPORT
BEACH, the sum of ?300.00 for Lot 18, Block B, Tract No. 673, in
the City of Newport Beach, as shown on a Map recorded in Book 20,
pages 17 and 18 of Miscellaneous Maps, records of Orange County,
California; and
WHERF,AS, the said price is a Pair and adequate price
as and for the purchase price of said lot; and
WHEREAS, the City Council of the City of New-oort Beach
deems that It is for the best interests of said City that said.
property be sold for the said sum of 4300.00; and
WHEREAS, the price offered is just, fair and adequate
and is not disproportionate to the real value of the nroperty
above described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said William Davison and Florence E. Davison, husband
and wife, as joint tenants for the life of the survivor of them,
and upon the death of the survivor of them to V. Lee Bachman in
fee simple, for the sum of X300.00, free and clear of all encum-
brances, subject to the taxes for the fiscal year 1941 -42 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 175.00 be paid,
to Gerald W. Ritchie, as and for his commission for the negotiat-
ing of the sale of said real property to William Davison and
Florence F. Davison, his wife, said sum being a fair and reasonab
commission to be allowed in said sale, and said broker being a
%US
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licensed realtor of the City of Newport Beach.
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 3rd day of November, 1941, by the following vote, to -wit:
ATTEST:
ty Clerk
or
REED MAIRE ALLEN
BROW% IMUC
MAEuRNE
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