HomeMy WebLinkAbout1299 - Sale of Property to Ola Holloway0
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1 RESOLUTION NO.
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WHEREAS, OLA HOLLOWAY has this day offered to the CITY
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OF NEWPORT BEACH, the sum of $200.00 for the Northeasterly 10 feet
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of Lot 15, and all of Lot 17, Block 443, Corona, Del Mar, in the
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City of Newport Beach, as shown on Map recorded in Book 3, pages
41 and 42 of Miscellaneous 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
M.1EREAS, 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 $200.00; 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 Ola Holloway for the sum of $200.00, free
and clear of all encumbrances, subject to the second half of taxesi.
for the fiscal year 1937 -39, and.unpaid improvement assessments
of record. Also subject to conditions, restrictions and reserve-
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tions 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 party upon receipt of the consideration
above set forth.
BE IT FURTHER RESOLVED: That the sum of $20.00 be
paid to G. W. Ritchie, as and for his commission for the
negotiating of the sale of said real property to Ola Holloway
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.
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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 7th day of March, 1939, by the following
vote, to -wit:
A S, COUNCEN'M:331P
:� rdo k��a, ; ro.I
NO ES, COUNCILMEN:_8��
ABSENT, COUNCILMEN:
VA
Mayor of the city of Newport Beach—