HomeMy WebLinkAbout1843 - Sale of Property to George Shoaf•
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WHEREAS, GEORGE H. SHOAF, a single man, has this day
offered to the CITY OF NEWPORT BEACH, the sum of $175.00 for Lot
70 Block 433, Corona del Mar, in the city of Newport Beach, as
shown on a Map recorded in Book 3, pages 41 and 42 of Miscellan-
eous 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
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 $175.00; 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 George H. Shoaf, as his separate property, for
the sum of $175.00• free and clear of. all encumbrances, subject
to the taxes for the fiscal year 1940 -41 and unpaid improvement
lassessments of record. Also subject to conditions, restrictione
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 considerat
above set forth.
BE IT FURTHER RESOLVED: That the sum of $17.50 be paid
Ito G. W. Ritchie, as and for his commission for the negotiating
Hof the sale of said real property to George H. Shoaf, a single
Jsaid sum being a fair and reasonable commission to be allowed in
'said sale, and said broker being a licensed realtor of the City
11of 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 an adjourned regular
meeting thereof held on the lath day of June, 1940 by the
following vote, to -wit:
AYES, COUNCILMEN: REED ALLEN
BROWN GORDON
NOES, COUNCILMEN: NONE
ABSlIV1', COUNCILMEN: CLAN
,� Mayor of the City of Newport Beach