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HomeMy WebLinkAbout3037 - Sale of Property to Hal & Ema Ritters C 1 2 3 41' 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 RESOLUTION NO. WHEREAS, Hal C. Ritter and Ema I. Ritter, husband and wife as joint tenants, have this day offered to the CITY OF NE19PORT BEACH, the sum of $300.00 for Lot 15, Block 634, 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 iCity 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 $300.00; and WHEREAS the price offered is just, fair and adequate and is not disproportionate to the real value of the property above described. NOW, THERF,FORE, BE IT RESOLVED: That said property be sold to the said Hal C. Ritter and Ema I. Ritter, husband and wife as joint tenants, for the said sum of $300.00, 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 parties upon receipt of the consideration above set forth. BE IT FURTHER RESOLVED: That the sum of $50.00 be paid to W. J. Holcomb, as and for his commission for the negotiation of the sale of said real property to Hal C. Ritter and Ema I. Ritter, husband and wife as joint tenants, the said sum being a fair and reasonable commission to be allowed in said sale, and said broker ibeing a licensed realtorin the City of Newport Beach. t 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 'I HEREBY CERTIFY that the foregoing Resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach at a regular meeting thereof on the 5th day of June, 1944, by the following note, to -wit: FST: - A rIZ9 lnZ:�;iitti�, ,•, rr 11 A1,111OR 0 5- Uri OW'1�1 NONE STANLEY