HomeMy WebLinkAbout2914 - Sale of Property to Gerald & Beulah Ritchiel
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RESOLUTION N0. �.
a
WHEREAS, GERALD W. RITCHIE and BEULAH B. RITCHIE, husba
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $275.00 for Lot 14, Block 540, Corona del Mar, in the City
of Newport Beach, as shown on a map recorded in Book 3, page's 41
and 42 of Miscellaneous Maps, records of Orange County, Californi
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 $275.00; and
WHEREAS, the price offered is gust, fair and adequate
and is not disproportionate to the real value of the property
described.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said Gerald W. Ritchie and Beulah B. Ritchie, husband
and wife, for the sum of $275.00, free and clear of all encum-
brances, subject to the taxes for the fiscal year 1943444. 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 receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $50.00 be paid
to G. W. Ritchie, as and for his commission for the negotiating
of the sale of said real property to Gerald W. Ritchie and Beulah
B. Ritchie, 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.
I hereby certify that the above and foregoing Resoluti
was duly and regularly passed and adopted by the City Council
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of the City of Newport Beach at an adjourned regular meeting
thereof held on the 27th day of September, 1943, by the following
vote, to -wit:
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