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HomeMy WebLinkAbout7708 - Conveying Property on 19th Street..fir RESOLUTION NO. V 70 8 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING EXECUTION OF A GRANT DEED CONVEYING PROPERTY LOCATED ON THE NORTH SIDE OF 19TH STREET ONE -HALF BLOCK WEST OF WHITTIER WHEREAS, by Resolution No. 7642 dated March 13, 1972, the City Council of the City of Newport Beach declared certain real property located on the north side of 19th Street one -half block west of Whittier Avenue, in the City of Newport Beach, legally described as follows, to be surplus, authorized its sale and set out the procedure for its sale: "All that certain real property in the State of California, County of Orange, City of Newport Beach, described as follows: That portion of Lot A of the Banning Tract in the City of Newport Beach, County of Orange, State of California, as shown on a map of said tract filed in the Case of Hancock Banning and others vs. Mary H. Banning for Partition, and being Case No. 6385 upon the Register of Actions of the Superior Court of the State of California, in and for the County of Los Angeles, described as follows: Beginning at the intersection of the center lines of Whittier Avenue and Nineteenth Street, as shown on the Map of Newport Mesa Tract, recorded in Book 5, Page 1 of Miscellaneous Maps, the center line of said Nineteenth Street being the North line of said Newport Mesa Tract; thence Northerly along the Northerly extension of the center line of said Whittier Avenue, a distance of 30.00 feet; thence Westerly, parallel with the Westerly extension of the Northerly line of said Newport Mesa Tract, a distance of 330.00 feet; thence Northerly 1620.00 feet; thence Westerly 1063.00 feet, more or less, parallel with the Westerly extension of the Northerly line of said Newport Mesa Tract to the Westerly line of land described in deed to Ednah Race Capron, recorded October 23, 1944, in Book 1281, Page 199, of Official Records; thence Southerly 1650.00 feet along the Westerly line of said land of Ednah Race Capron to the Southwesterly corner thereof; thence Easterly 1393.00 feet, more or less, along the Westerly extension of the Northerly line of said Newport Mesa Tract to the point of beginning." and WHEREAS, on May 26, 1972, bids to purchase said property were received and opened by the City Clerk; and WHEREAS, after holding a public hearing at which all bids were considered, the City Council has determined that the -1- highest bid therefor has been submitted by ead-r,hi Housing Systems; Inc. in the amount of $616;010.00 , and that said sum is fair and acceptable; so NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the Mayor and City Clerk are hereby authorized to execute a grant deed on behalf of the City of Newport Beach, conveying said property to Laadar+shi 11=91n9 System, Inc. , in accordance with the terms and conditions as set forth in said Resolution No. 7642. ADOPTED this ATTEST: City Clerk 12th day of Jame , 1972. CE IFIED AS THE ORI DIAL ` .. rra�r�l.�c......... _....... ... CITY CLERK OF THE CITY OF HE RT BEACH DATE% 00 JUN 16 9972 > Mayor -2- DON:mh