HomeMy WebLinkAbout1214 - Sale of Property to Gerald & Beulah Ritchiet
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RESOLUTION NO. 121:t�
WHEREAS, GERALD W. RITCHIE and BEULAH B. RITCHIE,
husband and wife, have this day offered to the CITY OF NEWPORT
BEACH, the sum of $550.00 for Lot 24, Block B, Tract 673,
Corona del Mar, in the city of Newport Beach, as shown on Map
recorded in Book 209 pages 17 and 19 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 $550.00; and
WHEREAS, the price offered is just, fair and adequate
and is not disproportionate to the real value of the property
above described; and
WHEREAS, the City has not at this time perfect title
to said property, and an action to quiet title on said property
is now pending.
NOW, THEREFORE, BE IT RESOLVED: That said property
be sold to the said Gerald W. Ritchie and Beulah B. Ritchie,
husband and wife, for the sum of $550.00, free and clear of all
encumbrances when and if the City perfects title thereto. Subject
to the taxes for the fiscal year 1937 -39, and unpaid improvement
assessments of record. Also subject to conditions, restrictions
and reservations of record. And 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 and the perfecting of title to
said property by the city as aforesaid.
BE IT FURTHER RESOLVED: That the sum of $55.00 be
paid to Mrs. Gertrude Williams, if and when the city is able
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to perfect title to said property, and give a deed thereto free
and clear of encumbrances, except as herein mentioned, as dnd
for her commission for the negotiating of the sale of said real
property to Gerald W. Ritchie and Beulah B. Ritchie, 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.
I hereby certify that the above and foregoing
Resolution was duly and regularly passed and adopted by the
adjourned
City Cbuncil of the City of Newport Beach at a regular meeting
thereof held on the 4th day of November, 1937, by the following
vote, to -wit: _
NOES, COUNCILMEN:_ iA AlrtL e
ABSENT, COUNCILMEN:_ 1A 03� e,
ESTi-_
V2 Aua�
City C erk Mayor qFf the city of Newport Beach