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HomeMy WebLinkAbout2431 - Sale of Property to Frank & Hilda Varnum1 2 3 4 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 r;, RESOLUTION NO. l WHEREAS, FRANK R. VARNUM and HILDA VARNUM, husband and wife, have this day offered to the CITY OF NEWPORT BEACH, the sum of $580.00 for Lot 2, Block 637; and Lots 2 and 4, Block 638; all in Corona del Mar, in the City of Newport Beach, as shown on a Map recorded in Book 3, pages 41 and 42 of Miscellan- eous 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 best interests of said City that said property be sold for the said sum of $580.00; 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 Frank R. Varnum and Hilda Varnum, husband and lwife, for the sum of $580.00, 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 parties upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $145.00 be paid 1 :he o G. W. Ritchie, as and for his commission for the negotiating of sale of said real property to Frank R. Varnum and Hilda Varnum his wife, as joint tenan#s, 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. 1 2 3 I hereby certify that the above and foregoing Resolution 4 was duly and regularly passed and adopted by the City Council of 5 the City of Newport Beach at a regular meeting thereof held on 6 the 6th day of October, 1941, by the following voter to -wit: 7 8 AYES, GM,ee. XJU2 : REED ALLEN 9 BROWN GOVIO x 10 Noss', u.P''-JV ;.'.x.43: NUII L 11 Asiy'2", C1V4a; riFtoE41: 12 13 14 15 �J /� ayor of the City of Newport Be a�c 16 TEST: 17 ty Clerk 18 19 20 21 22 23 24 25 26 27 28 1P 29 1W 30 31 32