HomeMy WebLinkAbout2700 - Sale of Property to Walter & Jean KoethenI
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RESOLUTION NO. "i , n
WHEREASgi WALTER L. KOETHEN and JEAN A. KOETHEN, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $400.00 for Lots 4 and 6, Block 741, Corona del Mar, in
the City of Newport Beach, as shown on a Map recorded in Book j,
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; and
WHEREAS, the City Council of the City ofNewport Beach
deems that it is for the best interests of said City that said
property be sold for the said sum of $400.00; 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 L. Koethen and Jean A. Koethen, husband
and wife, for the sum of $400.00, free and clear of all encumbran-
ces, subject to the second half of the taxes for the fiscal year
1942 -43 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 $100.00 be
paid to Gerald W. Ritchie, as and for his commission for the
negotiating of the sale of said real property to Walter L. Koethen
and Jean A. Koethen, 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.
W'-° = Q
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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 4th day of January, 1943, by the following vote, to -wit:
TEST:
ty Clerk
Mayor of` -the Ulty of a ort Beaks
WELL
DO' HAUI�
Mayor of` -the Ulty of a ort Beaks