HomeMy WebLinkAbout2991 - Sale of Property to Gerald & Beulah Ritchie•
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RESOLUTION NO._
WHEREAS, GERALD W. RITCHIE and BEULAH B. RITCHIE,_husband
andwife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $300.00 for Lot 12, Block 734, Corona del Mar, in the City
iof 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 $300.00; 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 fo the said Gerald W. Ritchie and Beulah B. Ritchie, husband
and wife, for the sum of $300.00, free and clear of all encumbran-
ces, subject to the second half of the taxes for the fiscal year
1943 -44. 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 $50.00 be paid
to G. W. Ritchie, as and for his commission for the negotiating
of the sale of said real property to Gerald W. Ritchie and Beulah
B. Ritchie, his wife, as joint tenants, 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 March, 1944, by the following vote, to —wit:
AT EST:
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AI 1 E; ''VIR ! "ELL
R HE Z HALP.
Mayors e City of Newp e1acfi-