HomeMy WebLinkAbout3030 - Sale of Property to Gerald & Beulah Ritchie_. .
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RESOLUTION NO,!,;,)'.)
WHEREAS, Gerald W. Ritchie and Beulah B. Ritchie,
husband and wife as point tenants, have this day offered to the
CITY OF NEWPORT BEACH, the sum of $830.00 for Lots 11 and 17,
Block 434, 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 sai
property be sold for the said sum of $830.00 and
WHEREAS, the price offered is dust, 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 Gerald W. Ritchie and Beulah B. Ritchie,
husband and wife as point tenants, for the sum of $830,00, free and
clear of al.l:.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 the receipt of the consideration above set forth.
BE IT FURTHER RESOLVED: That the sum of $100,00 be
to Gerald W. Ritchie, as and for his commission for the
negotiating of the sale of said real property to Gerald W. Ritchie
and Beulah B. Ritchie, husband and wife as point tenants,the 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
esolution was duly and regularly passed and adopted by the City
Council of the City of Newport Beach.
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at a regular meeting thereof held on the let day of May, 1944, by
the following vote, to —wit:
City Clerk
AY7.00 � "�<<..;.�.'��.:;: Al LEN STANLEY
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