HomeMy WebLinkAbout2469 - Sale of Property to Walter Holcomb0
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RESOLUTION NO.
WHEREAS, WALTER J. HOLCOMB,;a single man, has this day
offered to the CITY OF NEWPORT BEACH, the sum of 4225.00 for
Lots 13 and 15, Block 429; Lot 21, Block 431; Lot 20, Block 432,
all in Corona del Mar, in the City of Newport Beach, as shown on
a 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; amd
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 $225.00; 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 Walter J. Holcomb, a single man, for the sum of
$225.00, free and clear of all encumbrances, subject to the taxes
for the fiscal year 1941 -42, 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 party upon receipt of the consideration
above set forth.
BE IT FURTHER RESOLVED: That the sum of $56.25 be paid
to Gerald W. Ritchie, as and for his commission for the
negotiating of t�e sale of said real property to Walter J. Holcomb
a single man, as his separate property, said sum being a fair
and reasonable commission to be allowed in said sale, and said
broker being a licended 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 an adjourned regular meeting thereof
held on the 20th day of October, 1941, by the following vote,
to—wit:
REED CLAIRE ALLEN
BROJIN &O1084,
1lorg
° °C3: NONE
�� ayor of t e City o
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