HomeMy WebLinkAboutNS-256ORDINA~CE NO. NS-256FIXING PROCEDU~ REGARDING BROKASqS'
C0~.~MISSIONS ON TH-~LE OF CITY-O~VNED REAL PROPERTY
THE CITY COUNCIL OF ~HE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS:
SECTION 1. That Part l, Chapter 6 of Article II of the Santa Ana
Municipal Code is hereby amended by adding two new sections at the end
thereof, immediately following Section 2614, in words and figures as
follows:
"SECTION 2615. Agent's Commission on Sale.
The Council, when it determines that auy real property
owned by the City should be disposed of, may authorize the
execution of a written listing contract to find bidders with
a licensed real estate agent or broker, and may specify that
said property be placed in Multiple Listing under said con-
dition, and shall specify the maximum commission to be paid
if the property be sold, which said commission shall in no
case exceed 5% of the sale price. No personal liability shall
attach to any agent of the City who signs any such contract
on behalf of the City."
"SECTION 2616. PsFment and Division of Commission.
In event an agent covered by a contract, as set out in
Section 2615, procures a bidder who submits the highest writ-
ten bid and to whom the sale is made at the Council meeting
and completed in due course, the commission provided in said
contract s~hall be paid to said agent. In event such highest
w~itten bid conforms in all respects to the City's invitation
to bid and the provisions of Section 2613, and an oral bid
conforming to said requirements is made before the Council
and results in the sale being made and completed to said oral
bidder, then one-half of the commission originally fixed shall
be paid to the agent who procurred the original highest written
conforming bid. If the successful oral bidder was procured
and is represented by a licensed real estate agent or broker
and t he sale is made and completed, then the other one-half~
of said commission shall be paid to such agent or broker~
SECTION 2~ The Clerk of the Council shall certifyto the passage of
this Ordinance and shall cause the same to be published once within
days after its adoption. This Ordinance shall take effect 30 days f~om
and after the date of its adoption.
PASSED AND ADOPTED by the City Council of the City of Santa Ana at
its regular meeting held on the
ATTEST:
CLERK OF ~}{E COUNCIL
day of June~, ~.Q57. ~
STATE O~~ CALIFORNIA )
COUNTY OF ORANGE ) SS
CIT~ OF SANTA ANA )
I, ERISA HUNTE~, do hereby certify that I am the Clerk of the
Council of the City of Santa Ana, California; that the foregoing
Ordinance was regularly introduced at the regular meeting of said
Council held on t he 2Sth day of Nay, 1957, and was again considered
~rd day of Ju~e
adopted by said
by said Council at its regular meeting held on the
19%7, and was at said meeting regulsrly passed and
Council by the following vote, to-wit:
AYES, COUNCILMEN:Royal E. Nmbbard, B~anley 0. ~ould, Jr.,
A. A. Nail, J. Ogden Markel, Dale N. Neinly
NOES, COUNCILMEN: None
ABSENT, COUNC II, MEN: None
CLERK OF THE COUNCIL
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