HomeMy WebLinkAbout2437 - Sale of Property to Catherine Smithf�
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RESOLUTION NO. D,4 Y]
WHEREAS, CATHERINE A. SMITH, a married woman, has this
day offered to the CITY OF NEWPORT BEACH, the sum of $7500.00 for
the following described property:
and
Lot "A" of Tract No. 919, as shown on a Map recorded
In Book 29, pages 31. 32 33 and 34 of Miscellaneous
Maps, records of Orange County, California; excepting
those portions thereof described as follows, to -wit:
1st. The Southeasterly 935.78 feet of said Lot; said
938.78 feet being measured along the Northeasterly line
of the State Highway, as shown on said Map, and the
Northwesterly line of said Southeasterly 938.78 feet
being parallel with the Southeasterly line of said lot;
2nd. The Northwesterly 100 feet of the Southwesterly
170 feet of said Lot, as conveyed to Jack H. Wigal by
deed recorded February 2nd, 1938;
3rd. The Southeasterly 35 feet of the Northwesterly
135 feet of the Southwesterly 150 feet of said lot.
WHEREAS, the said price is a fair and adequate price as
and for the purchase price of said property; and
WHEREAS, the City Council of the City of Newport Beach
deems that it is for the beat interests of said City that said
property be sold for the said sum of $7500.00; and
WHEREAS, the price offered is gust, 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 Catherine A. Smith, a married woman, for the sum
of $7500.00, free and clear of all encumbrances, subject to the
taxes for the fiscal year 1941 -42. 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 $750.00 be paid
F—I
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to Ralph P. Maskey, as and for his commission for the negotiating
of the sale of said real property to Catherine A. .Smith, a married
woman, said sum being a fair and reasonable commission to be
allowed in said sale, and said broker Ming a licensed realtor of
the City of Newport Beach
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 6th day of October, 1941, by the following vote, to -wit:
EST:
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y Clerk
AYES, COUNCILMM: REED ALLEN
BROWN GORDON
JVUS, C0TXIU;_C3: Nude
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.411
RESOLUTION NO.
WHEREAS, CATHERINE A. SMITH, a married woman, has this
day offered to the CITY OF NEW ?OnT BEACH, the sum of 67500.00 for
the following described property:
That portion of Lot "A" of "Tract No. 91911, as shown on a
Map recorded in Book 29, pages 31.32.33 and 34 of
Miscellaneous Maps,records of Orange County, California,
desoribed as follows, to -wit:-
Beginning at a point on the Northerly line of the State
Highway as shown on said map (said point being in the
Southerly line of said Lot "A "), distant thereon
1238.78 feet North - westerly, measured along said
Northerly line, from the most Southerly corner of said
Lot "A ", and running thence from said point of
beginning North 39 043'30" East and parallel with the
South - easterly line of said lot, 512.00 feet to a point;
thence North - westerly in a straight line 695.79 feet
to a point in the center line of San Bernardino Avenue
(as shown on said map) North - easterly, measured along
said center line, 675.00 feet from the inter - section of
said center line with the North - westerly extension of th
Southerly line of said Lot "A "; thence South - westerly
along said center line of San 3ernardino Avenue 675.00
feet to its intersection with the North - westerly exten-
sion of the Southerly line of said Lot "A ", and thence
South- easterly along the said extended line and along
said Southerly line of said Lot "A ", 578.85 feet to the
point of beginning.
Excepting those portions thereof described as follows,
to -wit:-
let. The North - westerly 100 feet of the South - westerly
170 feet of said lot as conveyed to Jack H. Wigal by
deed recorded February 2nd, 1938-
2nd. The South - easterly 35 feet of the North - westerly
135 feet of the South - westerly 150 feet of said lot.
Subject to rights of way of record.
WHEREAS, the said price is a fair and adequate price as
and for the purchase price of said property; 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 X7500.00; 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 Catherine A. Smith, a married woman, for the sum
of 0500.00, free and clear of all encumbrances, subject to the
taxes for the fiscal year 1941 -42. Also subject to conditions,
restrictions and reservations of record. The Mayor and the City
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-4
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 $750.00 be paid
to Ralph P. Maskey, as and for his commission for the negotiating
of the sale of said real property to Catherine A. Smith, a married
woman, 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.
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 6th day of October, 1941, by the following vote, to -grit:
AST:
t
,AYES, O'&1pM?.aMMM REED IM
BROWN GORDON
ATC2v, 0" ... ', ". ".: NONE
IM QXRE