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HomeMy WebLinkAbout2206 - Sale of Property to Cyril Borbridge• RESOLUTION N0./+ 1 2 WHEREAS, MIL BORBRIDGE, a single man, hat this day 3 offered to the CITY OF NEWPORT BEACH, the sum of 0250.00 for. Lot. 4 Tract No. 682, Corona del Mar, in the City of Newport Beau. 5 as sHown on a Map recorded in Book 20, page 19 of Miscellaneous 6 Maps, records of Orange County, California; and 7 WHEREAS, the said price is a fair and adequate price 8 -" and for the purchase price of said lot; and 9 TMEREAS, the City Council of the City of Newport Beach 10 deems that it is for the best interests of said City that said 1111 property be sold for the said sum of 0250.00; and 1211 WHEREAS, the price offered is just, fair and adequate 13 and is not disproportionate to the real value of the property 14 above described. I5 NOW9 THEREFORE, BE IT RESOLVED: That said property be 16 sold to the said Cyril Borbridge, a single man, as his separate 17 property, for the sum of $250.00, free and clear of all encumbrance 18 subject to the taxes for the fiscal year 1941 -42 and unpaid 19 improvement assessments of record. Also subject to conditions, 20 restrictions and reservations of record. The Mayor and the City 21 Clerk are hereby authorized and directed to execute and deliver a 22 deed for said property to the said party upon receipt of the 23 consideration above set forth. 24 BE IT FURTHER RESOLVED: That the sum of 062.50 be paid 25 to Gerald 17. Ritchie, as and for his commission for the aegotia:ti?4 26 of the sale of said real property to Cyril Borbridge, a single man, 27 as his separate property, said sum being a fair and reasonably 28 commission to be allowed in said sale, and said broker being a 29 licensed realtor of the City of Newport Beach. 30 31 32 • I 1 2 I hereby certify that the above and foregoing Resolution 3 was duly and regularly passed and adopted by the City Council of 4 the City of Newport Beach at an adjourned regular meeting thereof 5 held on the 28th day of April, 1941, by the following vote, to -wit: 6 7 �� COO?�R 1L��gil: RFID CLAIRE 8 BROWN GORDON NUKE 9 �"4i1VT, CLaiwaMEN: NONE 10 11 12 13 ..TEST: 14 CtyCex 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 M] Mayor of the City of Newport Beach