HomeMy WebLinkAbout2968 - Sale of Property to Nancy Ward1
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I
RESOLUTION NO
WHEREAS, NANCY L. WARD, a single woman, has this day
offered to the CITY OF NEWPORT BEACH, the sum of $300.00 for Lot
9, Block 734, Corona del Mar, in the City of Newport Beach, as
shown on a Map recorded in Book 3, pages 41 and 42 of Miscellan-
eous 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 $300.00; 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 Nancy L. Ward, a single woman, for the sum of
$300.00, free and clear of all encumbrances, subject to the second
half of the taxes for the fiscal year 1943 -44. 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 forsaid 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 Nancy L. Ward, a single woman,
as her separate property, 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.
I hereby certify that the above and foregoing Resolution
Ilwas duly and regularly passed and adopted by the City Council of
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the City of Newport Beach at a regular meeting thereof held on the
7th day of February, 1944, by the following vote, to -wit:
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y Clerk
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