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HomeMy WebLinkAbout2699 - Sale of Property to John & Eunice Ratterree�. 1 RESOLUTION NO. 2 WHEREAS, JOHN TRAVIS RATTERREE and EUNICE FAITH RATTERREF 3 husband and wife, have this day offered to the CITY OF NEWPORT BEAC 4 5 the sum of $175.00 for Lot 12, Block 635, Corona del Mar, in the 6 City of Newport Beach, as shown on a Map recorded in Book 3, pages 7 41 and 42 of Miscellaneous Maps, records of Orange County, California; and 8 9 WHEREAS, the said price is a fair and adequate price 10 as and for the purchase price of said lot; and 11 WHEREAS, the City Council of the City of Newport Beach 12 deems that it is for the best interests of said City that said 13 property be sold for the said sum of $175.00; and 14 WHEREAS, the price offered is just, fair and adequate 15 and is not disproportionate to the real value of the property above described. 16 17 NOW, THEREFORE, BE IT RESOLVED: That said property be 18 sold to the said John Travis Ratterree and Eunice Faith Ratterree, 19 husband and wife, for the sum of $175.00, free and clear of all 20 encumbrances, subject to the becondfhalf"offthe taxes for the 21 fiscal year 1942 -43 and unpaid improvement assessments of record. 22 Also subject to conditions, restrictions and reservations of record 23 The Mayor and the City Clerk are hereby authorized and directed to 24 execute and deliver a deed for saidproperty to the said parties 25 upon receipt of the consideration above set forth. 26 BE IT FURTHER RESOLVED: That the sum of $43.75 be paid 27 to W. J. Holcomb, as and for his commission for the negotiating of 28 the sale of said real property to John Travis Ratterree and Eunice 29 Faith Ratterree, his wife, as joint tenants, said sum being a fair 30 and reasonable commission to be allowed in said sale, and said 31 broker being a licensed realtor of the City of Newport Beach. 32 I 1 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 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 4th day of January, 1943, by the following vote, to -wit: A EST: o 1 O&Ey Clerit A I'7 % 9 MICO f �ry'!�RL WOO 6i9evr