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HomeMy WebLinkAbout5066 - Transfer of License Agreement(12) 1 RESOLUTION NO. XOo 6 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING THE TRANSFER OF A 13 LICENSE AGREEMENT 4 5 WHEREAS, the City of Newport Beach entered into a 6 license agreement with Keith F. Rime under date of January 24, 7 1955, in which Keith F. Rims, licensee, was granted permission to 8 make use of the Newport Pier in connection with the loading and 9 unloading of passengers going from and returning to the City for 10 sport fishing purposes for a period of five (5) years; and 11 WHEREAS, on August 13, 1956, the City Council adopted 12 resolution No. 4537 in which the City Council consented to the 13 assignment, sale and transfer of said license agreement to Paul 14 Elston subject to certain conditions contained in said resolution 15 No. 4537; and 16 WHEREAS, Paul Elston and Kenneth 0. Farnsworth have now I 17 requested the City Council to consent to the assignment, sale and 18 transfer of said license agreement to Kenneth 0. Farnsworth; and 19 WHEREAS, it appears that Kenneth 0. Farnsworth is a 20 responsible person and will perform the licensee's obligations 21 under said license agreement; 22 NOW, THEREFORE, BE IT RESOLVED that the City Council of 23 the City of Newport Beach hereby gives its consent to the assignmen 24 sale and transfer of said license agreement to Kenneth 0. Farnswort: 25 subject to the following terms and conditions; 26 a. The transferee, Kenneth 0. Farnsworth, shall furnish 27 the insurance provided for in Paragraph 4 of the agreement, with 28 limits in the amount of $100,000/$300,000 for public liability and 29 $50,000 for property damage. 30 b. In accordance with the letter of application, trans- 31 feree, Kenneth 0. Farnsworth, shall be bound by all of the terms 32 and conditions set forth in said license agreement. ., P 1 C. The insurance policy shall be submitted to and 2 approved by the City Attorney. 3 This resolution was adopted by the City Council of the 4 City of Newport Beach at a regular meeting on the 10th day of 5 August, 1959, by the following vote, to wit: 6 AYES, COUNCILMEN: f%, C't•$.- y 8 NOES, COUNCILMEN: (co e 9 ABSENT COUNCILMEN: 10 ATTEST: 11 12 city Ule`rx 13 j 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 . 29 30 31 32 2. STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS • CITY OF NEWPORT BEACH ) 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 ,maintained in my office, the foregoing Resolution No. 5066 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 10th day of August 9 19 59 by the following vote, to wit: AYES, COUNCILMEN: Kingsley, Atkinson, Higbie, Stoddard, Hart, Lorenz, Somers NOES, COUNCILMEN: None ABSENT, COUNCILMEN: None Dated this 11th day of August 19 59. aw Cit Clerk and Ex- Officio Clerk of the City Council, City of Newport Beach, State of California.