HomeMy WebLinkAbout2601 - Sale of Property to Ruth Kylet
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RESOLUTION N0. m
WHEREAS, RUTH W. KYLE, a married woman, has this day
offered to the CITY OF NEWPORT BEACH, the sum of $100.00 for
Lot 3, Block 336, Corona del Mar, in the City of Newport Beach,
as shown on a Map recorded in Book 3, pages 41 and 42 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 lot; 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 $100.00; 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 Ruth W. Kyle, a married woman, for the sum of
$100.00, free and clear of all encumbrances, subject to the
second half of 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 party upon receipt of the
consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $25.00 be
paid to Ralph P. Maskey, as and for his commission for the
negotiating of the sale of said real property to Ruth W. Kyle,
a married woman, said sum being a fair and reasonable
commission to be allowed in said sale, and said broker being
a licensed realtor of the City of Newport Beach.
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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
the 6th day of April, 1942, by the following vote, to -wit:
El
RLTo wn'.• ALLEN
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G
ayor of the City of Newport Beach