HomeMy WebLinkAbout3048 - Sale of Property to Gerald & Beula Ritchie40
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RESOLUTION NO.�O q
WHEREAS, Gerald W. Ritchie and Beulah B. Ritchie,
husband and wife as point tenants, have this day offered the
CITY OF NEWPORT BEACH, the sum of $920.00 for Lots 17 and 19,
Block 530, 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 $920.00; 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 the said Gerald W. Ritchie and Beulah B. Ritchie,
husband and wife as ,point tenants, for the sum of $920.00, free
and clear of all encumbrances, subject to the taxes for the
fiscal year 1944 -45. 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 the said property to the said parties upon receipt of the
consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $100.00 be
paid Gerald W. Ritchie, as and for his commission for the
negotiation of the sale of said real property to the said Gerald
W. Ritchie and Beulah B. Ritchie, husband and wife as point
tenants, the said sum being a fair and reasonable commission
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allowed in this sale, said broker being a licensed realtor in
the City of Newport Beach.
I HEREBY CERTIFY that the 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 5th day of June, 1944, by the following note, to -wit:
TTEST:
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