HomeMy WebLinkAbout2607 - Sale of Property to GC & Myrtle Kroenke0
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RESOLUTION NO.LnN`7
WHEREAS, G. C. KROENKE and MYRTLE KROENKE, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the sum
of $1600.00 for Lots 1, 3, 14 and 160 Block 530, Lots 10 and 12,
Block 630, all in Corona del Mar, as shown on a Map recorded in
Book 3, pages 41 and 42 of Miscellaneous Maps, records of Orange
County, California, and Lots 57 and 56, Tract No. 662, as shown
on a Map recorded in Book 20, page 19 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 $1600.00; 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 $1600.00, free and clear of all encumbrances,
subject to the taxes for the fiscal year 1942 -43 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 $100.00 be
paid to G. 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
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fair and reasonable commission to be allowed in said sale, and
said broker being a licensed realtor of the City of Newport Beach.
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 21st day of April, 1942, by the following vote,
to -wit:
AYES, COUNCILMEN: Gordon, Allen, Isbell, Reed, Hall.
NOES, COUNCILMEN: None.
ABSENT, COUNCILMEN: None.
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C ,'4Xy Clerk
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