HomeMy WebLinkAbout2634 - Sale of Property to Orson StewartE
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RESOLUTION NO.k!
WHEREAS, ORSON W. STEWART, has this day offered to the
CITY OF NEWPORT BEACH, the sum of $200.00 for Lot 4, Block 734,
Corona del Mar, in the City of Newport Beach, as shown on a Map
recorded in Book 3, Pages 41/42 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 $200.00; and
WHEREAS, the price offered is dust, 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 Orson W. Stewart, for the sum of $200.00, 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 party upon receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $50.00 be
paid to Gerald W. Ritchie, as and for his commission for the
negotiating of the sale of said real property to Orson W. Stewart,
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 meeting
thereof held on the 6th day of July, 1942, by the following vote,
to —wit:
APES, I:OPUIeSL NK:
AWNS _. «,a .,.,
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80know
ISBELL
NONE
WOK
ALLEN
REED HALL
Mayor of tj City of Newport Beach
A TEST:
ty Clerk