HomeMy WebLinkAbout2612 - Deed from CF & Mabel Dennison•
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RESOLUTION NO.,
WHEREAS, C. F. DENNISON and MABEL DENNISON, husband and
wife, as joint tenants and owners of Lots 2 and 3, Block 532,
Canal Section, as shown on a Map recorded in Book 4, page 98 of
Miscellaneous Maps, records of Orange County, California, have
this day deeded to the City of Newport Beach said described
property with the understanding and agreement that the City of
Newport Beach would deed to them Lot 19, Block 332, Corona del Ma
as shown on a Map recorded in Book 3, pages 41 and 42 of Miscell-
aneous Maps, records of Orange County, California; and
WHEREAS, it appears that said properties are of equal
market value and that said Lots 2 and 3, Block 532, Canal Section
are of greater benefit and use to the City of Newport Beach and
that it is for the best interests and benefit of said City of
Newport Beach that said exchange be made.
NOW, THEREFORE, BE IT RESOLVED: That the City of
Newport Beach make, execute and deliver to the said C. F. Dennison
and Mabel Dennison, husband and wife, a corporation grant deed
covering Lot 19, Block 332, Corona del Mar above described, in
exchange for said Lots 2 and 3, Block 432, Canal Section.
BE IT FURTHER RESOLVED: That the market value of said
properties is equal and that it is for the best interests and
benefit of said City that said exchange be made and that the City
of Newport Beach receive Lots 2 and 3, Block 432, Canal Section,
aforesaid.
BE IT FURTHER RESOLVED: That the consideration for sai
exchange of properties is in all respects fair, just and adequate.
BE IT FURTHER RESOLVED: That the Mayor and City Clerk
of the City of Newport Beach be, and they are hereby directed,
instructed and authorized to execute said deed in the name of
and on behalf of the City of Newport Beach.
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I hereby certify that the above and foregoing Resolutior
was duly and regularly passed and adopted by the City Council of
the City of Newport Beach at an adjourned regular meeting thereof
held on the 30th day of April, 1942, by the following vote, to -wit
AYES, COUNCILMEN: GORDON, ALLEN, ISBELL, REED, HALL.
NOES, COUNCILMEN: NONE
ABSENT: COUNCILMEN:iNONE
n
A ES Mayor of t City of Newport Beach
J
C ,Clerk