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HomeMy WebLinkAbout1369 - Sale of Property to Mary NicholsRESOLUTION NOM 1 2 WHEREAS, MARY S. NICHOIA9, a single woman, has this day offered to 3 the CITY OF NEWPORT BEACH, the sum of $250.00 for Lot 14, Block B, Tract 673, Adikk 4 in the city of Newport Beach, as shown on Map recorded in Book 20 pages 17 1W 5 and 18 of Miscellaneous Maps, records of Orange County, California; and 6 WHEREAS, the said price is a fair and adequate price as and for 7 the purchase price of said lot; and 8 WHEREAS, the City Council of the City of Newport Beach deems that 9 it is for the best interests of said City that said property be sold for the 10 said sum of $250.00; and 11 MME4.9, the price offered is just, fair and adequate and is not 12 disproportionate to the real value of the property above described. 13 NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the 14 said Mary S. Nichols, a, single woman, for the sum of $250.00, free and clear 15 of all encumbrances, subject to the ta-'es for the fiscal year 1939-39, and 16 unpaid improvement assessments of record. Also subject to conditions, 17 restrictions and reservations of record. And the Mayor and the City Clerk are 18 hereby »uthorized and directed to execute and deliver a deed for said property 19 to the said party upon receipt of the consideration above set forth. 20 BE IT FURTHER RESOLVED: That the sum of 2 00 be $ 5. paid to G. W. 21 Ritchie, as and for his commission for the negotiating of the sale of said 22 real property to nary S. Nichols, said sum being a fair and reasonable 23 commission to be allowed in said sale, and said broker being a licensed. 24 realtor of the City of Newport Beach 25 I hereby certify that the above and foregoing Resolution was duly 26 and regularly passed and adopted by the City Council of the City of Newport 27 Beach at an adjourned regular meeting thereof, held on the 18th day of 28 _ July, by the following vote, to -wit: 29 " AYES: Councilmen CA"a,rl 30 NOES: Councilmeno�y•_,___.___ ^ 31 ABSENT; Councilmen° __ --- 324 Cit�yTlerk 414or the city of Newport Beach