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HomeMy WebLinkAbout2185 - Sale of Property to Vincent & Bessie King1 RESOLUTION NO„C 2 WHEREAS, VINCENT KING and BESSIE KING, husband and wife, 3 have this day offered to the CITY OF NEWPORT BEACH, the sum of 4 $150.00 for Lots 3 and 5, Block 641, Corona del Mar, in the City of 5 Newport Beach, as shown on a Map recorded in Book 3, pages 41 and 6 42 of Miscellaneous Maps, records of Orange County, California; and 7 WHEREAS, the said price is a fair and adequate price 8 as and for the purchase price of said lots; and 9 iPHEREAS, the City Council of the City of Newport Beach 10 deems that it is for the best interests of said City that said 11 property be sold for the said sum of $150.00; and 12 WHEREAS, the price offered is just, fair and adequate 13 and is not disproportionate to the real value of the property 14 above described. 15 NOWT THEREFORE, BE IT RESOLVED: That said property be 16 sold to the said Vincent King and Bessie King, husband and wife, 17 for the sum of $150.00, free and clear of all encumbrances, subject) 18 to the taxes for the fiscal year 1941 -42 and unpaid improvement 19 assessments of record. Also subject to conditions, restrictions 20 and reservations of record. The Mayor and the City Clerk are 21 hereby authorized and directed to execute and deliver a deed for 22 23 said property to the said parties upon receipt of the consideration 24 above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $37.50 be paid 26 to G. W. Ritchie, as and for his commission for the negotiating of 27 the sale of said real property to Vincent King and Bessie king, his 28 wife, as joint tenants, said sum being a fair and reasonable 29 commission to be allowed in said sale, and said broker being a 30 licensed realtor of the City of Newport Beach. 31 32 1 ' 2 3 4 5 6 7 8 9 10 11 12 13 14 '9 16 1.. 17 18 19 20 21 22 23 24 25 26 27 28 1 29 30 31 32 I hereby certif y�hat the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach at an adjourned regular meeting thereof held on the 28th day of April, 1941, by the following vote, to -wit: „ "i i 3�"v3E3I: REED CLAIRE BROWN GORDON CSU TILF.134: NONE "I LLIVI', CUNCILNEN: NONE ALLE10 Mayor of the City of Newport Beachl