HomeMy WebLinkAbout1609 - Sale of Property to Pauline StoneE]
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RESOLUTION N0. Lq
WHEREAS, PAULINE C. STONE, has this day offered to
the CITY OF NEWPORT BEACH the sum of $250.00 for Lots 12 and
14, Block 642, Corona del Mar, in the city of Newport Beach, as
shown on Map recorded in Book 3, pages 41 and 42 of Miscellaneoui
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 lots; and
WHEREAS, the City Council ofthe 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 Pauline C. Stone, a married woman, as her
separate property, for the sum of $250.00, free and clear of all
encumbrances, subject to the taxes for the fiscal year 1939 -40
and unpaid improvement assessments of record. 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 party upon
receipt of the consideration 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 Pauline C.
Stone, 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 Counoil of the City of Newport Beach at a regular meeting
thereof held on the let day of May, 1939 by the following vote,
to -wit:
TTEST:
Y C_.tv C r
2ZES, COUNCILAMR: GnROON ^f.AIRfE WIT5®
f i%Uw WILLIAMSOM
DOES, COUNCILMEN:
ABSENT, COUNCILMEN:
Lh*
Mayor 1ty of Newport Beach