HomeMy WebLinkAbout2606 - Sale of Property to Gerald Ritchie1
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W1
RESOLUTION
WHEREAS, GERALD W. RITCHIE, a married man, has this
day offered to the CITY OF NEWPORT BEACH, the sum of $315.00
for Lot 2, Block 729, Corona del 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 lot; 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 $315.00; 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 Gerald W. Ritchie, a married man, for the sum of
$315.00, free and clear of all encumbrances, subject to the
taxes for the fiscal year 1942 -43 and unpaid improvement assessman
of record. Also subject to conditions, restrictions and reserva-
tions of record. The Mayor and the City Clerk are hereby author-
ized 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 $79.75 be paid
to G. W. Ritchie as and for his commission for the negotiating of
the sale of said real property to Gerald W. Ritchie, a married
man, 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 a regular adjourned meeting thereof
held on the 21st day of April, 1942, by the following vote, to -wit
AYES, COUNCILMEN: Gordon, Allen, Isbell, Reed, Hall.
NOES, COUNCILMEN: None.
ABSENT, COUNCILMEN: None.
TEST:
C le
Mayor of tile City of Newport Beach