HomeMy WebLinkAbout2318 - Sale of Property to David Collins71
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RESOLUTION
WHEREAS, DAVID R. COLLINS, a single man, has this day
offered to the CITY OF NEWPORT BEACH, the sum of $300.00 for Lots
20 and 22, Block 539, Corona del 2aar, in the City of Newport Beach,
as shown on a 1.1ap recorded in Book 3, pages 41 and 42 of Miscell-
aneous flaps, 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 best interests of said City that said
Property be sold for the said sum of $300.00; and
!AREAS, the price offered is just, fair and adequate
and is not disproportionate to the real value of the property
above described.
ATOlI,
THEREFORE, BE IT RESOLVED: That said property be
sold to the said David R. Collins, a single man, as his separate
property, for the sum of $300.00, free and clear of all encumbrances
subject to the taxes for the fiscal year 1941 -42 and unpaid
improvement assessments of record. Also subject to conditions,
restrictions and reservations of record. The Mayor and the City
Clerk are hereby 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 $75.00 be paid
to G. W. Ritchie, as and for his commission for the negotiating of
the sale of said real property to David R. Collins, a single man,
as his separate property, said sum being a fair and reasonable
commission to be allowed in said sale, arid. said broker being a
licensed realtor of the City of Ner*port Beach.
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I hereby certify that the above and foregoing Resolution
was duly and regularly passel and adopted by the City Council of
the City of Nenoort Beach at a regular meeting thereof held on
the 2nd day of June, 1941, by the followinۥ vote, to -wit:
REED CLAIRE
BROWN CORDON
eljieYE 111L, 1iJ,14 Lfmm ALLEN
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15 Mayor of the City of Ne
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wport Beach