HomeMy WebLinkAbout2803 - Sale of Property to James & Florence Ingham1
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RESOLUTION NO. ,C_
WHEREAS, JAMES K. INGHAM and FLORENCE B. INGHAM, husband
and wife, have this day offered to the CITY OF NEWPORT BEACH, the
sum of $225.00 for Lots g and 10, Block 429, 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 $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 James K. Ingham and Florence B. Ingham, husband
and wife, for the sum of $225.00, 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 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 $56.25 be
paid to Gerald W. Ritchie, as and for his commission for the
negotiating of the sale of said real property to James K. Ingham
and Florence B. Ingham, 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.
a.
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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
5th day of July, 1943, by the following vote, to -wit:
A l', °:S, n; faLLLs
ISBELL Mr -1 HALL
NONE
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