HomeMy WebLinkAbout3356 - Widening of Coast Boulevardf.,
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1 RESOLUTION NO.
• 2 WHEREAS, the City of Newport Beach is the owner of Lot
3 16 in Blook 39 of River Section, Newport Beach, as shown on a map
4 recorded ih Book 4, page 25 of Miscellaneous Maps, records of
5 Orange County, California; and
6 111'HEREAS, Walter R. Bonner and Vernieoe Bonner, husband
7 and wife, are the owners of Lot 1 in Blook 140 of Canal Section,
8 Newport Beaoh, as shown on a Map recorded in Book 4, page 98 of
9 Miscellaneous Maps, records of Orange County, California; and
10 WHEREAS, the City is in urgent need of the property
11 owned by Walter R. Bonner and Verniece Bonner, husband and wife,
12 heretofore described, for the widening of Coast Boulevard in said
13 City; and
14 WHEREAS, the properties above - mentioned are of approxima
15 ly equal market value; and
16 WHEREAS, the City has agreed to exchange the property
17 owned by it for the property owned by said Walter R. Bonner and
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18 Verniece Bonner, husband,�nd wife; and
19 WHEREAS, in the judgment of the City Council of the City
20 Newport Beach, the consideration for said exchange is fair, just,
21 and adequate, as the properties are of approximately equal market
22 value; and
23 WHEREAS, it is for the best interests and benefit of the
24 City of Newport Beach and the inhabitants thereof that said ex-
25 change be made;
2611 NOW, THEREFORE, BE IT RESOLVED that the City of Newport
27 Beach make, execute, and deliver to Walter R. Bonner and Verniece
• 28 Bonner, husband and wife, a deed to the properties heretofore
ANNE 29 described as being owned by it, in exchange for a good and suffi-
30 oient deed to the properties owned by said Walter R. Bonner and
31 Verniece Bonner, husband and wife;
32 AND BE IT FURTHER RESOLVED that all escrow charges and
LAW OFFICES OF
ROLAND THOMPSON
208 SPUR GEON BLDG,
SANTA ANA. CALIF..
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LAW OFFICES OF
ROLANO THOMPSON
208 SPURGEON BLDG,
SANTA ANA. CALIF.,
W c -_r'
charges of title be at the expense of said City, and that both
properties herein mentioned and described Bhall be conveyed to
the parties hereto, free and clear of all encumbrances of every
nature, description, or kind.
AND BE IT FURTIER RESOLVED that the Mayor and City Clerk
of the City of Newport Beach, be authorized, directed and instruc-
ted to sign and execute, on behalf of the City of Newport Beach
and in the name of said City, a corporation grant deed, granting
to the said Walter R. Bonner and Verniece Bonner, husband and wife,
the properties owned by said City and heretofore described, and
that said deed be delivered to said Walter R. Bonner and Verniece
Bonner, husband and wife, when said named parties have made, exe-
cuted, and delivered a good and sufficient deed to the properties
owned by them, to the City of Newport Beach.
I hereby certify that the above and foregoing Resolution
was duly and regularly passed and adopted by the City Council of
the City of Newport Beach at a regular meeting thereof held on the
15th day of July, 1946, by the following vote, to -wit:
A'JEP, COUNCILMEN
q;
R21
City Clerk
NOES, COUNCILMEN:_
ABSENT, COUNCILMEN
-a I f4
Mayor
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF DEWPORT BEACH )
SS
I, MARGERY SCHROUDER, City Clerk of the City of Newport
Beach, California, do hereby certify that according to the records
of the City of Newport Beach filed and ::iaintained in my office,
the foregoing Resolution No. 3356 was duly and
regularly adopted, passed, and approved by the City Council of
the City of Newport Beach, California, at a regular meeting of
said City Council held at the regular meeting place thereof, on
the 15th day of July , 19469 by the following
vote, to wit:
AYES, COUNCILMEN: Allen, Siler, Isbell, Reed
NOES, COUNCILMEN: None
ABSLNT, COUNCILMEN: Robertson
Dated this 6th
day of October 1959.
s
M22:4 , S
City Cler an Ex- Officio Clerk of the
City Council, City of Newport Beach,
State of California.