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HomeMy WebLinkAbout3008 - Sale of Property to Edward & marie Marihugh1 2 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 I 29 s 30 31 32 RESOLUTION NO �� 7 WHEREAS, Edward G. Marihugh and Marie H. Marihugh, husband and wife, as joint tenants,have this day offered to the CITY OF NEWPORT BEACH, the sum of $825.00 for Lots 2 and 4, Block 632, 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 Ora%e County, California; and WHEREAS, the said price is a fair and adequate pricd as and for the purchase price of said lot; and WHEREAS, the City Council of the City of Newport Beach deems tha;it is for the best interests of the said City that said property be sold for the said sum of $825.00 and WHEREAS, the price offered is just, fair and adequate and is not disproportionate to the real value ofthe.•property above described. NOW, THEREFORE, BE IT RESOLVED: That said property be sold to the said Edward G. Marihugh and Marie H. Marihugh, husband and wife, as joint tenants, for the sum of $825.00, free and clear of all encumbrances, subject to the taxes for the fiscal year 1944 -45. 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 the said property to the said party 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 Edward G. Marihu and Marie H. Marihugh, husband and wife, 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 Resolutidn 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 18th day of April, 1944, by the following vote, to -wit: 1 2 3 4 5 6 7 8 9 10. 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 ATTES . C,oKy Clerk Rf =C M4�P.k. HOPE Mayor of t City of Newport Beach