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HomeMy WebLinkAbout2324 - Sale of Property to Arthur & Alice Forster17J K 1151 RESOLUTION NO.S. -` r•' 2 3 WHEREAS, ARTHUR 3. FORST,R and ALICE AUBaEY FORSTER, 4 husband and wife, have this day offered to the CITY OF NEWPORT 5 BEACH the sum of $300.00 for Lot 21, Block 643; and Lot 1, Block 6 737, all in Corona del Mar, in the City of Newport Beach, as shown 7 on a ;;yap recorded in Book 3, pages 41 and 42 of Miscellaneous :daps, 8 records of Orange County, California; and 9 WHEREAS, the said price is a fair and adequate price 10 as and for the purchase price of said lots; and 11 WHEREAS, the City Council of the City of Newport Beach 12 deems that it is for the best interests of said City that said 13 property be sold for the said sum of :;300.00; and 14 WHEREAS, the price offered is just, fair and adequate 15 and is not disproportionate to the real value of the property 16 above described. 17 NOW, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said Arthur B. Forster and Alice Aubrey Foster, husband 19 and wife, for the sum of $300.00; free and clear of all encumbrances 20 subject to the taxes for the fiscal year 141 -42 and unpaid 21 improvement assessments of record. Also subject to conditions, 22 restrictions and reservations of record. The grayer and City Clerk 23 are hereby authorized and directed to execute and deliver a deed 24 for said property to the said parties upon receipt of the 25 consideration above set forth. 26 BE IT FURTHER RESOLVED: That the sum of X75.00 be paid 27 c G. W. Ritchie, as and for his commission for the negotiating of 28 he sale of said real property to Arthur B. Forster and Alice Aubrey 29 oster, his wife, as joint tenants, said sum being a fair and 30 easonable commission to be allowed in said sale, and said broker 31 eing a licensed realtor of the City of Newport Beach. 32 U 11 1 I hereby certify that the above and foregoing Resolution 2 was duly and regularly passed and adopted by the City Council of 3 the City of Nerport Beach at a regular meeting thereof held on 4 the 2nd day of June, =941, by the following vote, to -wit: 5 6 J emit p� y� 7rp Lr; 4,i L:R: REED YLMRL 8 BROWN GORDON 9 Cltlu'M LIAEN: AUM 10 �. . 11 12 13 14 A TEST: 15 _ y Clerk 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 e LI