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HomeMy WebLinkAbout3139 - Sale of Property to Edward & Regina Allen_,_._ t • 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 RESOLUTION NO. WFE REAS, Edward G. Allen and Regina F. Allen, husband and wife as Joint tenants, have this day offered to the CITY OF NEWPORT BEACH, the sum of $601.00 for Lot 20, Block 639, 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 $601.00; 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 Edward G. Allen and Regina F. Allen, husband and wife as joint tenants, for the sum of $601.00, free end clear of all encumbrances, subject to the taxes for the fiscal year 1945 -46. Also subject to conditions, restrictions and reserva- tions 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 party upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $60.10 be paid to Gerald W. Ritchie, as and for his commission for the negotiat of the sale of said real property to Edward G. Allen and Regina F. Allen, husband and wife as joint tenants, the 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. I herebycertify that the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach, to 4b 1 2 3 4 5 6 7 8 9 10 11 12 13 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 - _ .; -2- at a regular meeting thereof held on the 16th day of April, 1945, by the following vote, to -wit: ATTEST: ALL &C STANLEY ISBELL ME Z D ,Y: NON or Newp