HomeMy WebLinkAbout2584 - Sale of Property to GC & Myrtle Kroenke0
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RESOLUTION NO.�
WHEREAS, G. C. KRHENKE and MYRTLE KROENKE, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the sum
of $2600.00 for Lots 9, 11, 13, 15, 171 19, 21, 12, 14, 16, 18,
20 and 22, in Block 529, Coronadel Mar, in the City of Newport
Beach, as shown on a Map recorded in Book 3, pages 41 and 42 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 best interests of
said
City that said
property be sold for the said sum of 2600.00; 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 G. C. Kroenke and Myrtle Kroenke, husband and
wife, for the sum of $62600.00, free and clear of all encumbrances,
subject to the taxes for the fiscal year 1942 -43. 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 $100.00 be paid
to Gerald W. Ritchie, as and for his commission for the negotia-
ting of the sale of said real property to G. C. Kroenke and
Myrtle Kroenke, his wife, as joint tenants,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.
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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 at an adjourned regular meeting thereof
held on the 9th day of March, 1942, by the following vote, to -wit:
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POUM MINN
'i_h'bKAe >� F�.:re- rnY »hlVa l���c3
Mayor of the ity of Newport Beach