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HomeMy WebLinkAbout1372 - Sale of Property to Leo KochAdfth Mr 1 2 3 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 ■ RESOLUTION NO.rL WHEREAS, LEO KOCH, a single man, has this day offered to the CITY OF NEWPORT BEACH, the sum of $250.00 for Lot 25, Block B, Tract 673 in the city of Newport Beach, as shown on Map recorded in Book 20 pages 17 and lS of Miscellaneous Maps, records of Orange County, California; and WHEREAS, the said price is a fair and adequate price as and for the purchase 1r ice 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 $250.00; 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 Leo Koch, a single man, for the sum of x'$250.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1938 -39, and unpaid improvement assessments of record. Also subject to conditions, restrictions and reservations of record. And 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 receipt of the consider- ation above set forth. BE IT FURTHER RESOLVED: That the sum of $25.00 be paid to G. W. Ritchie, as and for his commission for the negotiating of the sale of said real property to Leo Koch, a single man, 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. s 1 2 3 4 5 6 8 9 10 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 an adjourned regular meeting thereof, held on the 25th day of July, 1938, by the following vote, to -wit: ES, COUNCI N:( i 0 VAA�-'O.-Vnstn' NOES, COUNCILMEN: DAvt _ ABSENT, COUNCILMEN: ACe Mayor - Tity of Newport- Beach