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HomeMy WebLinkAbout2984 - Sale of Property to MC & Virginia Richards1 RESOLUTION NO'S 2 WHEREAS, M. C. RICHARDS and VIRGINIA D. RICHARDS, husban 3 andwife, have this day offered to the CITY OF NEWPORT BEACH, the 4 i sum of $425.00 for Lot 7, Block 36, Newport Beach Tract, in the 5 City of Newport Beach, as shown on a Map recorded in Book 3, page 6 26 of Miscellaneous Maps, records of Orange County, California; 7 and 8 WHEREAS, the said price is a fair and adequate price 9 as and for the purchase price of said lot; and 10 WHEREAS, the City Council of the City of Newport Beach 11 deems that it is for the best interests of said City that said 12 property be sold for the sum of $425.00; and 13 WHEREAS, the price offered is just, fair and adequate 14 and is not disproportionate to the real value of the property 15 above described. 16 NOW, THEREFORE, BE IT RESOLVED: That said property be 17 sold to the said M. C. Richards and Virginia D. Richards, husband 18 and wife, for the sum of $425.00, free and clear of all encumbran- 19 ces, subject to the second half of the taxes for the fiscal year 1943 -44, and unpaid improvement assessments of record. Also 21 subject to conditions, restrictions and reservations of record. 22 I The Mayor and the City Clerk are hereby authorized and directed 23 I to execute and deliver a deed for said property to the said partie 24 upon receipt of the consideration above set forth. 25 BE IT FURTHER RESOLVED: That the sum of $50.00 be paid 26 to H. M. Lane, as and for his commission for the negotiating of 27 the sale of said real property to M. C. Richards and Virginia D. 28 Richards, his wife, as joint tenants, said sum being a fair and 29 reasonable commission to be allowed in said sale, and said broker 30 I being a licensed realtor of the City of Newport Beach. 31 i 32 4 • 2 II 3 4 5 6 7 8 9 10 11 12 13 14 15 -io 1�7 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 6th day of March, 1944 by the following vote, to —wit: - .ter ✓1.., �........ u ... ..J• ST: T n mayor lty 01' ewpor eac