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HomeMy WebLinkAbout2042 - Sale of Property to Emily Wright�y 1 2 40 3 41 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✓� 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 i to Emily L. Wright, a widow, said sum being a fair reasonable commission to be i 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 • r. • 1 2 3 4 5 6' 7 8 9 10 11 12 13 'A 15 II 16� 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 II 32 I at an adjourned regular meeting thereof held on the 18th day of November, 1940, by the following vote, to -wit: 44 AYES, COUNCILMEN: MW ALLEN BROWN GORDON NOES, COUNCIL€ M: NOWE ABSENT, COMWIMEN: REED Mayor of the City of Newport Beach