HomeMy WebLinkAbout2042 - Sale of Property to Emily Wright�y
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RESOLUTION NO✓�
WHEREAS; EMILY L. WRIGHT, a widow, has this day offered to the City
of Newport Beach the sum of $650.00 for Lots 1 and 3, Block 2$3, Corona del Mar,
in the City of Newport Beach, as shown on a Map recorded in Book 3, pages $1 and
$2 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 lots; and
WHEREAS, the City Council of the City of Newport Beach deems that it
is for the beat interests of said City that said property be sold for the said
sum of $650.00; 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 Emily L. Wright, a widow, as her separgte property, for the sum of $650.00
free and clear of all encumbrances, subject to the taxes for the fiscal year
19$0 -$1 and unpaid improvement assessments of record. Also subject to condition
restrictions and reservations of record. The Mayor and the City Clerk are hereb;
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 $65.00 be paid to G. W. Ritchi
as and for his commission for the negotiating of the sale of said real property
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to Emily L. Wright, a widow, said sum being a fair reasonable commission to be
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allowed in said sale, and said broker being a licensed realtor of the City of
Newport Beach.
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
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at an adjourned regular meeting thereof held on the 18th day of November, 1940,
by the following vote, to -wit:
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AYES, COUNCILMEN: MW ALLEN
BROWN GORDON
NOES, COUNCIL€ M: NOWE
ABSENT, COMWIMEN: REED
Mayor of the City of Newport Beach