HomeMy WebLinkAboutProperty Surplus - Parcel Ir.:
To:
From:
Subject
CITY OF NEWPORT BEACH
CITY ATTORNEY
DEPARTMENT
January 20, 1965
City Clerk
City Attorney
Sale of Parcel I under Resolution No. 5869
Transmitted are the following:
3S
1. The original and one copy of a demand from Tri -City
Savings and Loan Association dated January 13, 1965,
in connection with their escrow No. L-1397.
2. A resolution which, if adopted by the City Council,
will authorize the execution of a beneficiary's demand
and a request for reconveyance on a deed of trust and
the placing of documents in escrow.
3. A memorandum to the City Council in connection with this
matter.
It is requested that this matter be placed on the agenda for
consideration by the Council on January 25, 1965. Thereafter,
if the resolution is adopted, the instructions therein should
be followed, after which the matter will be closed upon payment
to the City of the balance of the indebtedness. The original
note was transmitted to the Finance Director on December 24,
1963, and the deed of trust and title insurance policy were
forwarded to your office with our memorandum of January 10, 1964.
Mr. Harry V. Anderson, one of the makers of the note, has asked
that this matter be processed on January 26 or as soon as possible
thereafter, as they are anxious to close the escrow promptly.
THS:mec
Encs.
cc - Acting City Manager
Finance Director
Tully Seymo
City ttorney
C1, OF
i;C
H, l
Feb. 2, 1965
Legal advertising, for both Parcels H and I are
in Parcel H file.
•
DEMAND
TRI -�& SAVINGS AND LOAN AS *IATION
1020 Mission Avenue
SAraroga 2 -.1771
OCEANSIDE, CALIFORNIA
Dated: January 13, 1965
TO:
Mr. Walter W. Charamta, City Attorney
City of Newport Beach,
3300 Newport Boulevard,
Nhport Beach, California
Escrow No. L-1397
An escrow has been opened with us by Norman E. Moore, et ux;
Harry V Anderson et ux and Harry D Anderson a widower
WHICH provides for the payment of an encumbrance held by you, covering
•tinn of Lnts R_ q L to Sub of Block 227 Sectlon!!V Newport Beach. County of Orange. Calif.
WILL you please fill in COMPLETELY and sign the original of the Beneficiary's Demand below, and re-
turn this entire page, together with the Note, and the Deed of Trust securing the Note, as well as the
Order for Reconveyance thereof, signed by all the owners of the Note. Also, please send us any Title
and /or Fire Insurance Policies you hold in connection with this loan. You may retain the enclosed copy
of this Demand form. Thank you for giving this important matter your immediate attention.
TRI -CITY SAVINGS AND LOAN ASSOCIATION
By.
Barba a A. Bryant, Assistant Secretary
( Do Not Detach)
BENEFICIARY'S DEMAND
(Please fill out in full, and sign)
TRI -CITY SAVINGS AND LOAN ASSOCIATION
Date January 26, 1965
I hand you herewith:
1. Note for $ 41, 666.67
2. Deed of TrusT securing the said Note, coverin the above described
on December 31, 1963, File/Page Book
—
3. Order for Reconveyance thereof, executed by City of Newp
, and recorded
— Official Records.
Ygu are Fie y puthori ed to use aJl, of the above described documents, provided that on or before
II ety (9U Cayerom dat o ollll@@ hold for the account of the parties executing
y� 7/ P 9
said Order for Reconveyance, the sum of $ with
interest on $ t the rate of six (6) per cent per annum from
December 26. ; 19 4_, to date of issuance of your check, together with unearned
interest on $ for days, as a bonus.
Please make payment by check to: City of Newport Beach
You will, as my agent, waive my interest in any fire insurance policies handed you.
In the event that the conditions of this Demand have not been met within the time provided herein, you
are authorized, nevertheless, to use said documents at any time thereafter as soon as the conditions
(except as to time) have been met, unless I shall have made written demand upon you for their return
to me.
Attest: CITY OF NEW SACR
By ,
Signature Signature
-- ��ZizL eT
M.117:7V10 •: 11 • 1r7 r.•V - 1 ..• A .- �, 4 • 1.'. J!•1V ..q
CITY OF NEWPORT BEACH
CITY ATTORNEY
DEPARTMENT
January 20, 1965
Too The Honorable Mayor and
Members of the City Council
From- City Attorney
Subjects Sale of Parcel I under Resolution No. 5869
4 J
On November 26, 1963, the City sold to Norman E. Moore, at al,
Parcel I authorized for sale by Resolution No. 5869. The pur-
chasers elected to pay for the property in installments as pro-
vided by said resolution, paying one-third of the $62,500 purchase
price within thirty days after the sale was approved and giving
the City an installment note in the amount of $41,666.67 and a
deed of trust securing the same, both. dated December 26, 1963,
providing for payment in annual in.st.allments of $13,888.89, with
accrued interest on the unpaid balance at 6% per annum, commencing
December 26, 1964. , The present unpaid principal balance of the
indebtedness is $27,777.78.
The makers of the note now desire to pay the indebtedness in full.
and have opened an escrow with Tri -City Savings and Loan Associa-
tion through which this will be done. The escrow holder has
requested that a beneficiary's demand and the request for full
reconveyance on the deed of trust be executed and that the City
place those documents in the escrow, along with the note and the
title insurance policy held by the City, for use when Tri -Cifiv
holds for the City the amount required to make full payment of
the principal and interest due under said note.
A resolution has been prepared and transmitted to the City Clerk
which, if adopted by the City Council, will authorize the execu-
tion and transmittal of the various documents. Thereafter, upon
receipt by the City of the balance of the indebtedness, the
matter will be closed.
Tully Seymou
THSsmec City Attorney
cc s Acting City Manager
City Clerk
Finance Director
Received From
FOR- e,&— .4
ACCOUNT No.
CITY OF
AmouNT
BEACH N?
CAC H. CA
....... .. . ......
Al's Vic- X67"T 9 1 + 10 2X-7
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CITY OF NEWPORT BEACH
CITY ATTOi1tdEY
December 24, 1963
To: Finance Director
From: City Attorney
Subject: Sale of Parcel I under Resolution No. 5869
The purchasers of the subject parcel are to pay for the same
in installments as provided by Resolution No. 5869, and have
already made payment of one -third of the purchase price within
the required 30 -day period after City Council approval of the
sale.
S�
Transmitted herewith is an installment note for the unpaid
balance of $41,666.67 in favor of the City of Newport Beach.
The note is dated December 26 1963, and is executed by
Parry V. Anderson, Louise E. Anderson, Norman E. Moore, Phyllis
A. Moore, and Harry G. Anderson. It provides for payment thereof
in three annual install= -nts of $13,888.89, together with accrued
interest at 6% per annum on the unpaid balance, payable on the
26th day of December beginning on December 26, 1964. The pur-
chasers have also furnished the City, as security for said
note, a deed of trust on the property showing the City of
Newport Beach as beneficiary, which will be transmitted to
the City Clerk following its recording.
The note should be retained by you pending payment of the same
pursuant to its terms. Please acknowledge its receipt on the
attached copy of this memorandum.
Wi.C:mec
Enc.
cc - City Manager
City Clerk
Walter W. Charamza
City Attorney
To:
From:
Subject:
CITY OF NEWPORT BEACH
CITY ATTORNEY
DEPARTMENT
City Clerk
City Attorney
December 23, 1963
Sale of Parcel I under Resolution No. 5869
Forwarded are the original and one copy of a grant deed conveying
the subject property to Norman E. Moore and Phyllis A. Moore,
husband and wife, as joint tenants, as to an undivided one -third
interest, Harry V. Anderson and Louise E. Anderson, husband and
wife, as joint tenants, as to an undivided one -third interest,
and Harry G. Anderson, a widower, as to an undivided one -third
interest, all as tenants in common.
It is requested that the original grant deed be executed on behalf
of the City as authorized by Resolution No. 5887 and returned to
this office, together with a copy of Resolution No. 5869 by which
the property was offered for sale and a certified copy of said
Resolution No. 5887, for transmittal to the title company.
alter W. Charamza
WWC:mec City Attorney
Encs,
QA
Q��
Clry C(E
DEC 2.1 61
Nay O(4T OF
� CA(�FBfACy
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FOR A VALUABLE CONSIDERATION, receipt of which is
4 hereby acknowledged, the CITY OF NEWPORT BEACH, a municipal cor-
5 POZ`&tion organized under the Constitution and laws of the State
6
of California, hereby grants to NORM E. MOORE and PHYLLIS A.
7 MOOM, husband and wife, an joint tenants, as to an undivided
8 one-third interest, MUY V. ANDERSON and LOU ST E. ANDMUMNs
9 husband and wife, as joint t tenants, . as to an undivided one-third
110 interest, and HARRY G. APUSON, a widower, as to an undivided
11 oneothird interest, all A 4 tenants in common, the following
12 described real property in*the City of Newport Beach, County of
13 Oran . gag State of California:
14 A portion of Lots gg 90 and 10, Subdivision of Block 227,
Section "A". Newport beach, as shown on a map thereof,
15 recorded in Book 4. bage 36, of Miscellaneous Maps, records
of Oran Wifornia, more particularly described
()tango _ go County,
16 an followsl*
17 begirmi!j at the most southerly comer of said Lot 8; thence
north 70 17' 30" east along the southeasterly line of said
is Lot 8 a distance of 91.12 feet to the southeasterly comer
of said Lot 8; -thence north 0* 261 2311 "at along the
19 easterly line of said lot 8, a distance of 1i.55 feet to the
beginning of a curve, concave westerly and having a radius of
20 502.00 feet; the point of intersection of the semi-tangents
of said curve.being the intersection of the northeasterly line
211 of said Lot 10, with the easterly line of said Lot; thence
northerly along said curve, through an angle of 8" 16' 45", a
22 distance of 72.54 feet to a point 51.76 feet, measured at rfizh
angles, from the southwesterly prolongation of the center line
23 of 28th Street (formerly 26th Streat)o calculated 48.48 foot
in width, an shown on a ma of Section "A", Newport Beach,
24 recorded in Book 4, page 2�, of Miscellaneous Maps, records of
said Orange County; a radial line to said 502.00 foot curve,
25 from said point. bears South 82" 091 40" west; said point
being also on a curve, concave northerly and having a radius
26 of 500.00 feet i a radial line to said curve, from said point,
27 bears north 13 34' 40" west-, thence westerly 3 along said 500.
foot radius curve through an angle of ll* 121 211, a distance
of 97.82 feet to the beginning of a curve, concave southeast-
28 d having a radius of 15.00 feet-; thence westerly and
= starly along said curve through an angle of 107* 20'
29 2211, a distance of 26.10 feet to a line tangent; said line
tangent being the southwesterly line of Lot 10- thence south
30
19° 421 3011 east along the said southwesterly line of Lots
31 10, 9 and 8, a distance of 86.05 feet to the point of begin-
ning.
321 EXCEPTING T=ZFROK AND RESERVING unto the Grantor City of
1 Newport Beach all *Aagts1 rights including oil, gas and
other hydrocarbons; lading, however, from the exception
2 and reservation unto City of Newport Beach the right of
' swface entry.
3
4 Executed an December Z�, 1963.
5
6 Clr., OF k IMPORT WACH
7 By
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9 By - - City Clerk
12
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STATE OF CALIFORNIA )
as
OOU NTi OF ORANGE )
On December �., 1963, before me, the undersigned, a
Notary Public in and for sald.County and State, personally appeared
CHARLES R. VART and MARtNMY SCHRODDFR, known to me to be the Mayor
and City Clerk, respectively, of the CITg OF NEwpORT BEACH &" to
be the persons whose nerves are subscribed to the within instrument,
and acknowledged that they executed the same on behalf of the City
of Newport 'beach.
WITKU$ my hand and official seal.
i
Notary Public in and for
said County and State
2
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CITY OF NEWPORT BEACH
CITY ATTORNEY
DE NT
December 23, 1963
To: Finance Director
From: City Attorney
Subject: Sale of Parcel I under Resolution No. 5869
Attached are the following:
1. Harbor Savings and Loan Association check dated Dec. 16,
1963, payable to the City of Newport Beach in the amount
of $4,885.48.
2. Security First National Bank, Costa Mesa Branch, check
dated December 23, 1963', payable to the City of Newport
-� Beach in the amount of $4,885.50.
3. Check of Harry G. Anderson drawn on the Encino Branch of the
Bank of America dated 12- 16 -63, payable to the City of
Newport Beach in the amount of $4,885.50.
These checks total $14,656.48, and are in payment of one -third of
the $62599 nu ,price for said _Parcel I or $20,833.33,
T e amount of^$6;�_7 pas to wit tNe bid, or $14,583.33,
plus the sum of $73.15 for estimated recording costs and the
charge for internal revenue stamps.
Kindly acknowledge receipt of said checks on the copy of this
memorandum transmitted herewith.
' alter W. Charamza�/
WWC:mec City Attorney V
Encs.
_ ..
WWC :mec
11/22/63
RESOLUTION NO. S-90
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
A GRANT DEED
WHEREAS, the City Council of the City of Newport Beach
publicly invited bids for the purchase of surplus City property
consisting of:
A portion of Lots 8, 9, and 10, Subdivision of Block 227,
Section "A ", Newport Beach, as shown on a map thereof,
recorded in Book 4, page 36, of Miscellaneous Maps, records
of Orange County, California, more particularly described
as follows:
Beginnin§ at the most southerly corner of said Lot 8; thence
north 70 17' 30" east along the southeasterly line of said
Lot 8, a distance of 91.12 feet to the southeasterly corner
of said Lot 8; thence north 0° 26' 25" east, along the
easterly line of said lot 8, a distance of 11.55 feet to the
beginning of a curve, concave westerly and having a radius of
502.00 feet; the point of intersection of the semi- tangents
of said curve being the intersection of the northeasterly line
of said Lot 10, with the easterly line of said Lot; thence
northerly along said curve, through an angle of 8° 16' 45 ", a
distance of 72.54 feet to a point 51.76 feet, measured at right
angles, from the southwesterly prolongation of the center line
of 28th Street (formerly 26th Street), calculated 48.48 feet
in width, as shown on a map of Section "A ", Newport Beach,
recorded in Book 4, page 21, of Miscellaneous Maps, records of
said Orange County; a radial line to said 502.00 foot curve,
from said point, bears South 82° 09' 40" west; said point
being also on a curve, concave northerly and having a radius
of 500.00 feet- a radial line to said curve, from said point,
bears north 136 34' 40" west; thence westerly along said 500.00
foot radius curve through an angle of 11° 12' 32 ", a distance of
97.82 feet to the beginning of a curve, concave southeasterly
and having a radius of 15.00 feet; thence westerly and south-
easterly along said curve through an angle of 107 20' 22 ", a
distance of 28.10 feet to a line tangent; said line tan §ent
being the southeasterly line of Lot 10; thence south 19 42'
30" east along the said southeasterly line of Lots 10, 9 and 8,
a distance of 86.05 feet to the point of beginning;
Containing 9,539 square feet, more or less;
and
WHEREAS, bids were received by the City Council on Novem-
H. V. Anderson were
ber 26, 1963, at which time N. E. Moore, H. G. Anderson and / juaec
the high biddersfor the purchase of said property; and
WHEREAS, the bid of said high bidderswas accepted by the
City and the property ordered sold by the City Council;
NOW, THEREFORE, BE IT RESOLVED that the Mayor and City
Clerk be and are hereby authorized and directed to execute a grant
deed on behalf of the City of Newport Beach granting the above
LT
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described real property to said high biddersor to the person
tjiern
designated by lumcin writing.
ADOPTED this 26th day of November, 1963.
.� 6i
Mayor
ATTEST
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3105 Newport Boulevard Newport Beach, California
Wall* 84350
Member: Multiple Listing Service
^tember --7 1. 6° C, t" b
l;
City Co ncil
Newport Beach, Calif,ornl.n
Gentlemen:
The enclosed two cashierts becks totalin;; :6,250.00 are a
deposit. on Parcel Z for a bid of 2,62,5CC.00 in the name of
N. E. "Score, H. G. Anderson and 11. V. Anderson.
7e pectfu7ly submitted by --
Georg '�t. ;Qilliamson, Realtor
tl�I
z
T
-Emu_
The 11,'d in the A:::l ;:It of $62, 50.0 for Pa?!�! I was it t :Ptz
5888, fire'--,
ed pr0Vie'r.gt::,-nap is road Wh the
*rWL F INF-`;;-
has be,
e fttwx, - AIL
at the IiIearing
un the annexation
of UI
51,587, autin:
Nom. 55, •js
adopte:s. Abse!iE X
1i cc)nnecti
-Emu_
The 11,'d in the A:::l ;:It of $62, 50.0 for Pa?!�! I was it t :Ptz
No on.-2 d1Qt,.rc;d to speak frcrr, the
was closed.
A
absent
Resolution No.
5888, fire'--,
ed pr0Vie'r.gt::,-nap is road Wh the
has be,
e fttwx, - AIL
at the IiIearing
un the annexation
of UI
51,587, autin:
Nom. 55, •js
adopte:s. Abse!iE X
1i cc)nnecti
L
%I.iyc)r HItr,, mpm- lirId the
e with Res, '..7- on.No. `4frn.
C*,:,., Cuuzici_ the City I
!Iex tn '.1tv Ck::!,t::;
wn
at
as A-,;:icx:iI ion No. 5-1 inning prop'
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High ay) ;i:.(t giving lhereofj li;zll i:.
F.,( ,I f,jr
Council tv hear and pass q); i ' lf=,Pr '.,Je I, "S
Uj)j
E:
annexal i (in.
The City Clerk itaEed that an Arincxation-C-
Ei
the property Beeco, Ltd'.. had brs-:'.
r-1 eived.
No on.-2 d1Qt,.rc;d to speak frcrr, the
was closed.
A
absent
Resolution No.
5888, fire'--,
and dtvr;n1:; wht_-th&.r
has be,
5
at the IiIearing
un the annexation
of UI
as "Annexa,ton
Nom. 55, •js
adopte:s. Abse!iE X
Ordinance. No. '070, beini:
. 01-1
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AN ORDINANCE OF IiEm C!71 Y ()F' 7
BEACH APPROV] - 7c)
CITY OF NEWPCI�J 11 T 17V
FiAB`D
CITY OF NFWPC)KT 1i E. H A.';r)
"ANN'—EXATION, NO. 55,
3
Mayor Hart ope,.w.d the pub'ic hearing rcgi,-di!iiz PIA::-
n4ng Cornmiisqion Res: 'ut'on No.
amendments to the street and highway of titc
Master Plan.
A letter proposed by the Planning Ccirylrniss:�..: to be
directed to Nick B. Wi3hn:s. Edit: r, 1-:-s A .Fetes
, (�hair-
Times, ever the ouignature i -d Alvan C
F it am of the Plannirtg C.orn:nisslon, t7 corre�t :7feTerice
0
Member: Multiple Listing Service
City of Newport Beach
City Hall
Newport Beach, Calif,
Gentlemen:
0
3105 Newport Boulevard Newport Beach, California
ORiole 3 4350
May 2a, 1963
Enclosed is a check for $5,750.00 as a deposit on
Parcel "I "; on a bid price of $57,500.00 for L. M. Duntley.
R�actfully yours,
� 9s
Geo "e Williamson, Realtor
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