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HomeMy WebLinkAbout3003 - Sale of Property to James & Mary Whyte1 2 4 5 6 7 RESOLUTION NO. 5) C) WHEREAS JAMES S. WHYTE and MARY J. WHYTE, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $300.00 for Lot g, Block 741, 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; an 8 WHEREAS, the said price is a fair and adequate price 9 as and for the purchase price 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 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 property be sold for the said sum of $E300.00; and WHEREAS, the price offered is dust, 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 thesaid James S. Whyte and Mary J. Whyte, husband and (wife, for the sum of 6300.00, free and clear of all encumbrances, 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 Ito Gerald W. Ritchie, as and for his commission for the negotiating of the sale of said real property to James S. Whyte Mary J. Whyte, his wife, as point tenants, said sum being a fair 28 j!and reasonable commission to be allowed in said sale, and said I' 29 11broker being a licensed realtor of the City of Newport Beach. 30 I hereby certify that the above and foregoing Resolution 31 was duly and regularly passed and adopted by the City Council of 32 Ij h 0 Li 1 2 the City of Newport Beach at a regular meeting thereof held on the 3 i 3rd day of April, 1944, dy the following vote, to -wit: g 5 6 7 8 d 9 10 11 12 13 II L� 14 'L 15 16 17 18 19 20 I' 21 I. 22 li 23 24 j 25 26 27 28 it 29 30 I 31 32 q I. I I ATTEST r Mayor of the -..ii ty of Newport Beach y er