HomeMy WebLinkAbout2732 - Sale of Property to Lincoln & Gladys Norman2
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RESOLUTION NO,L�
WHEREAS, LINCOLN H. NORMAN and GLADYS H. NORMAN, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $450.00 for Lots 11 and 15, Block 543, 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 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 $450.00; 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 Lincoln H. Norman and Gladys H. Norman, husband
and wife, for the sum of $450.00, free and clear of all encumbran
subject to the second half of 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
ceipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $112.50 be paid
to G. W. Ritchie, as and for his commission for the negotiating of
the sale of said real property to Lincoln H. Norman and Gladys H.
Norman, 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 a regular meeting thereof held on the
5th day of April, 1943, by the following vote, to -wit:
Fprr �... y... ".j 1, i 1•
Mayor of City or ewpo eac