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HomeMy WebLinkAbout4402 - Sale of Excess Water to The Irvine Company1 ( • 2 I` RwAS, there has this day been presented to the City • 3 I� Council of the City of Newport Beach, a cCrt ;gin ?c'10 1 of 4 �� Extension Agreement dated 4Zr u- ?y s 1955, between 54 5 !� the City of Newport Beach W.a 7,1-, Irviuc Cam any, 3n which the 6 I City oy ffeienort Beach agrees to sell a�2tai:l c:.00Ls ,, +ater of said 7 i Cst,-Y to The Irvine Company upon the conditions, covenants., 8 II and restrictions in the origi:u:l as rue -Meat dated June 1, 1953, an 9 it WR&R1,.A9, it a9dear3 to b:: viii' '41-- brat of the I to �� citizens of the City or Z7eWport Beach that said Rauo-mal of 11 �) i Extension Ac;reement be entere:i into; 12 NOW, THMILF0111E, BE IT 4�`4LZZ, that- that earta2:e 13 Renewal of Extension Agreement jacda and entered, into the — 14 i day of AC23' _ , 1955, by and between the City of 15 I rewport Beach and 12he Irvine Coiupa' , wherein and whereby the City 16 of Newport Beach agrees to sell certain of its excess water upon 17 I' certain conditions, restrictions aria limitations to °aid Irvine 18 !I Comparri, be and the same is hereby approved a3 written. 19 BE IT FURTHER RESOLVED, that the Mayor a::d the City 20 Clerk be and they are hereby authorized and directed to execute 21 said Renewal of Extension A.5reement in behalf of the City. ( 22 The above and foreGoinS Resolution was duly and 23 regularly passed and adopted by the City Council of the City of 24' Newport Beach at a regular meets:.; thereof held on the.E�dday 25 of LI c , 2955, by the following vote, to Witt 26 i AYES • 27 /�,i � loe 28 • - 29 :ICES, C07,CZ ATS 3: 30 Y;rz D-2 *N rp=N (� 31 r y Vierx r) 01 39 "";ayor 54 E n LJ • 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 yHii Ki,l l2��i °LM ./ p � J:i: .Ylti �'1.i.i. 1. :4 Y .Yi11.7 ��5 or _zfej?� , 19554 by and between the G�.ty of 14ewfort Beach, a zunicipal corporation., here- 1 -IftOr referred to as "City" and The Irvine company., cvc"'e°L: relarred t0 as "Purchaser ". W` j N E S S L i M :i S WHMEAS, the parties h4r --':to have heretofore antered Into an Agreement dated June 1, 1953 wherei!, the City* sells certain vrater to the purchaaer; and WIMMS, the above a reervent .-,aE extended for a period of one year from the 12th day of July, 1954 to the 11th day of July, 1955, and WFMMS, the parties hereto are now desirous of extend- ing said agreement for a further period of one ;dear; NOW, THEREnR , in co :nsideratioa of their Wxtual;p'o- miles a ad of the covenants and conditioe>s to ca ,zept by each as set out in said above mentioned oriz 3 aal A6ria=ent bet *:.men the parties hereto, it is agreed as follows: (1) That all of the term and conditiol :s of said original Agreement, dated June 14 1955, are i'aco,povated cfereivz as though set out is full herein, and the parities hereto a -ee to be 'bound by all of the terms and conditlor,s of aald original agreement for a further period from the 12th day of Tkly, 1955 to the Ilth day of July, 1950. IN WITNESS W.WMOF., the City has, by Resolution of its City Council, dated the R day of 4251�s� s 19550 authorized and directed its corporate name to be sig_led and its corporate seal to be affixed by the Mayor and City Clerk of the City of Newport Beach there-,zato duly authorized, and the Purchaser has set his hand and seal er caused its corporate -I- I,"', 1- i{ �) 1 i a • • 1 �{ z 1 4 (I 5 6 7 a 10 1, 11 12 13 14 15 �! 16 j 17 18 19 20 21 22 23 24' 25 26 27 28 29 30 31 32 dame to be signed 'jxj ita , rormv o':'f —° ,:;ers there to duly authorized by Resolution or Its Board or Directors, as the case may be, as of the Cua.y acid year f ivat £ JU."'C vwitten . CITY OV =TORT 11 .C)1 AC4"A Mayor t� u; 5 d z j nci p. y THE IRV= coi9P"T Tay` vice President wj ecr8 l"i -2- a 40 ST.iTE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF NEIsPORT BEACH ) I, MARGERY SCHROUDER, City Clerk of the City of Newport Beach, California, do hereby certify that accord- ing to the records of the City of Newport Beach filed and maintained in my office, the foregoing Resolution No. 4402 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 24th day of October following vote, to wit: 19 55, by the AYES, COUFCIlh,EN: Bennett, Wilder, MacKay, Stoddard, Higbie, Ridderhof, Hill NOES, COUNCILMEN. None ABSENT, COUNCILMEN: None Dated this 7th day of December , 196 City Clerk ano Ex- ic Off`icio Clerk of the City C uncil, City of Newport Beach, State of California. 1�I