HomeMy WebLinkAbout1372 - Sale of Property to Leo KochAdfth
Mr
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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
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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 an adjourned regular
meeting thereof, held on the 25th day of July, 1938, by the
following vote, to -wit:
ES, COUNCI N:(
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0 VAA�-'O.-Vnstn'
NOES, COUNCILMEN: DAvt _
ABSENT, COUNCILMEN:
ACe Mayor - Tity of Newport- Beach