HomeMy WebLinkAbout2790 - Sale of Property to James & Mary Whyte•
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RESOLUTION NO,,
WHEREAS, JAMES S. WHYTE and MARY J. WHYTE, husband and
wife, have this day offered to the CITY OF NEWPORT BEACH, the sum
of $250.00 for Lot 9, Block 742, 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 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 $250.00; 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 James S. Whyte and Mary J. White, husband and
fe, for the sum of $250.00, free. and clear of all encumbrances,
subject to the taxes for the fiscal year 1943 -44. Also subject to
conditions, restrictions and reservations of record. The Mayor
and 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 $62.50 be paid
to Gerald W. Ritchie, as and for his commission for the negotiating
of the sale of said real property to James S. Whyte and Mary J.
Whyte, 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.
I hereby certify that the above and foregoing Resolution
was duly and regularly passed and adopted by the City Council of
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the City of Newport Beach at a regular meeting thereof held on the
7th day of June, 1943, by the following vote, to-wit:
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Mayor of the MtY of Newport Beach
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