HomeMy WebLinkAbout1833 - Sale of Property to Charles & Essie Kyte•
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RESOLUTION NO A 33
WHEREAS, CHARLES E. KYTE and ESSIE D. KYTE, husband and wii
have this day offered to the CITY OF NEWPORT BEACH, the sum of
$75.00 for the Southwesterly one -half of Lot 16, Block 242,
Corona del Mar, in the City of Newport Beach, as shown on Map
recorded in Book 3, pages 41 and 42 of Miscellaneous Maps, record
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
WHEREAS, the City Council of the City of Newport Beach dee,
that it is for the best interests of said City that said property
be sold for the said sum of $75.00; and
WHEREAS, the price offered is just, fair and adequate and
is not disproportionate to the real value of the property above
descri bed.
NOW, THEREFORE, BE IT RESOLVED: That said property be
sold to the said Charles E. Kyte and Essie D. Kyte, husband and
wife, for the sum of $75.00, free and clear of all encumbrances,
subject to the taxes for the fiscal year 1940 -41 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 $7.50 be paid to
Ralph P. Maskey, as and for his commission for the negotiating
of the sale of said real property to Charles E. Kyte and Essie D.
Kyte, his wife, as joint tenants, said sum being a fair and
reasonable commission to be allowed in said sale and said broker
being a licensed realtor of the City of Newport Beach.
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I hereby certify that the above and foregoing Resolution
was duly and regularly passed and adopted by the City Council of
the City of Newport Beach at a regular meeting thereof held on
the 3rd day of June, 1940 by the following vote, to -wit:
TTE$T:.,
,YES, COUNCILMEN: REED CLAIRE ALLEN
BROWN GORDON
T70_rSI COUNCILMEN: NONe
fy.,�.iwi, �uWwriL111GW: NONE � T
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