HomeMy WebLinkAbout1610 - Sale of Property to Laurence & Ethel DouglasIP z
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RESOLUTION NO'S
WHEREAS, LAURENCE A. DOUGLAS and ETHEL R. DOUGLAS,
husband and wife, have this day offered to the CITY OF NEWPORT
BEACH, the sum of $100.00 for Lots 9 and 11, Block 532, Corona
del Mar, in the 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 lots; 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 $100.00; 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 saidproperty be
sold to the said Laurence A. Douglas and Ethel R. Douglas, hust
and wife, for the sum of $100.00, free and clear of all encumbi
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 parties upon receipt of the
consideration above set forth.
BE IT FURTHER RESOLVED: That the sum)of $10.00 be paid
to G. W. Ritchie, as and for his commission for the negotiating
of the sale of said real property to Laurence A. Douglas and
Ethel R. Douglas, 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.
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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 let day of May, 1939 by the following vote,
to -wit:
AYES, COUNCILMEN: GORDON CLAIRE WHITSOi
BROWN WILLIAMSON
NOES, COUNCILMEN: NONE
ABSENT, COUNCILMEN: NONE
ayor City of Newport Beach.