HomeMy WebLinkAbout1783 - Sale of Property to FW & Ruby Holmes0
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a.
RESOLUTION NO.11&b
WHEREAS, F. W. HOLMES and RUBY E. HOLMES, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $225.00 for Lot 1, Block 434, Corona del Mar in the City
of Newport Beach, as shown on Map recorded in Book 3, pages 41
and 42 of Miscellaneous Maps, records of Orange County, Californi ;
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 interest of said City that said
property be sold for the said sum of $225.00; 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 F. W. Holmes and Ruby E. Holmes, husband and wifo,
for the sum of $225.00, free and clear of all encumbrances,
subject to the taxes for the fiscal year 1940 -41 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 $22.50 be paid
to G. W. Ritchie, as and for his commission for the negotiating
of the said of said real property to F. W. Holmes and Ruby E.
Holmes, 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 Resoluti
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 let day of April, 1940, by the following vote, to -wit:
":FS, COUNCILMEN: GORDON CLAIRE WNITSON
BROWN WILLIAMSON
COUNCILMEN: NuNk
�3-ENT, COUHULMEN: MOK
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