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HomeMy WebLinkAbout7826 - Acquisition of Alley Right-of-WayRESOLUTION NO. d 8 2 6 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND ROBERT W. AND CHARLENE PEINADO FOR EXCHANGE OF PROPERTY IN CONNECTION WITH ACQUISITION OF ALLEY RIGHT OF WAY BETWEEN SEASHORE DRIVE AND OCEAN FRONT WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain contract between the City of Newport Beach and ROBERT W. and CHARLENE PEINADO for the vacation by the City of the northerly 15 feet of Ocean Front in return for the granting of a 15 -foot alley easement from the northerly end of the Peinados' property, by grant deed; and WHEREAS, the City Council has considered the terms and conditions of said agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said agreement for the property exchange above described is approved, and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach; BE IT FURTHER RESOLVED that said grant deed is hereby accepted, and the City Clerk is authorized and directed to execute and attach thereto a certificate of acceptance and consent to its recording and to cause said document to be recorded in the Office of the Orange County Recorder. ADOPTED this 10th day of October, 1972. ATTEST: City Clerk RTIFI 0 AS T," O. INAL CBYY CLERK OP TH: CI Y OF N PORT B @ACH DOT 1 3 7972 DAM mh 10/4/72