Loading...
HomeMy WebLinkAbout9166 - Sale of State-Owned PropertyY 0 • RESOLUTION NO. 9166 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ACCEPTING THE OFFER OF THE STATE DEPARTMENT OF TRANSPORATION TO SELL CERTAIN STATE -OWNED PROPERTY TO THE CITY OF NEWPORT BEACH AND AUTHORIZING THE MAYOR AND CITY CLERK TO ACCEPT THE DIRECTOR'S DEED FOR SAID PROPERTY (PARCEL NO. 057768- 01 -02) WHEREAS, the Department of Transportation of the State of California by its letter dated August 8, 1977, has offered to sell certain state -owned real property to the City of Newport Beach for Ten Thousand Three Hundred Dollars ($10,300.00); and WHEREAS, said parcel is located between Tustin Avenue and a rectangular landlocked parcel purchased by the City from the State for an off - street parking lot, and is generally described as Department of Transportation Parcel No. 057768- 01 -02; and WHEREAS, the terms of the sale provide that the City will remit Ten Thousand Three Hundred Dollars ($10,300.00) at the time the letter agreement with the State of California Department of Transportation is executed and returned to the Department of Transportation prior to the State's forwarding a fully executed and recorded Director's Deed; and WHEREAS, the City Council finds that it is in the best interest of the City to enter into the agreement to purchase said parcel. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach hereby accepts the offer of the State of California Department of Transportation to purchase from the State of California, Parcel No. 057768- 01 -02, upon the terms and conditions as set forth in the letter from the Department of Transportation dated August 8, 1977, which letter by this reference is made a part hereof and is hereby incorporated into this resolution; BE IT FURTHER RESOLVED that said property will be used for a public purpose, namely a municipal parking lot. 0 BE IT FURTHER RESOLVED that the Mayor and City Clerk are authorized to execute said letter agreement on behalf of the City of Newport Beach and to attach thereto a copy of this resolution, which shall constitute the acceptance by the City of the State of California's offer to sell said Parcel No. 057768 -01 -02 for Ten Thousand Three Hundred Dollars ($10,300.00), subject to the terms as set forth in said letter agreement and this resolution; BE IT FURTHER RESOLVED that the Mayor and City Clerk are hereby authorized and directed to accept a Director's Deed from the State of California Department of Transportation for the above described property. ADOPTED THIS 8th day of August , 1977 yor ATTEST: CAfy Clerk XCITiY� ERTR''D 5 THE 07fGINA4 rZt-1 CLERK O. 'i HE CITY OF I' ^: "rOZT J: =.B.Cti DATE ____�VV.11 1977 -2- DDO:yz 8/2/77 r•' STATE OF CALIFORNIA— BUSINESS AND TRANSPORTATION AGENCY EDMUND G. BROWN JR., Governor DEPARTMENT OF TRANSPORTATION DISTRICT 7, P.O. BOX 2104, LOS ANGELES 90051 August 8, 1977 07 -ORA -1 Parcel 057768 -01 -02 City of Newport Beach ! 3300 Nest Newport Boulevard C, R�psP, Newport Beach, CA 92660 N0V 3 3976 � Attention: Mr. Robert Wynn Z� ciy city , "„'a g$eJC� ` City Manager � Gentlemen: \ �; 1 4_i7: , The Department of Transportation hereby offers to sell the above - referenced property to the City of Newport Beach for the appraised value of $10,300.00. The following portion of this letter, when the duplicate copy is executed . and re- turned to you with a Resolution from the City Council, will constitute the agreement for the purchase. This Resolution must indicate that said property will be purchased for public purposes. The description of the public use must be specified in the Resolution. In the absence of the Resolution, a clause will be added to the Director's Deed restricting the property to a public use. This transaction will not be processed for the California Highway Commission's approval until the duplicate copy of this letter is fully executed and returned with the Resolu- tion. If these two documents are not returned to the under- signed by - August 8, 1977, then the above property will be processed for sale by other means. The City of Newport Beach, hereinafter known as purchaser, offers to acquire from the California Department of Transpor- tation that certain property referred to above and depicted on the attached map for the State's appraised value of $10,300.00, to be paid upon demand and prior to the State's forwarding a fully executed and recorded Director's Deed. Please indicate exactly how title is to be vested: The City of Newport Beach, a chartered municipal Corporation It is expressly understood by the purchaser that the right, title and interest in the property to be transferred by this sale shall not exceed that vested in the State of California City of Newport Beach -2- August 8,1977 and that no Policy of Title Insurance will be furnished or escrow fees paid by the State of California in this transaction. It is understood that the purchaser shall not have use of the property until a Director's Deed has been recorded. The purchaser agrees to the above terms and conditions of sale. Place of execution Newport Beach, California Date of execution August //, /c, 77 CITY OF NEWPORT BEACH By i e' "w j Mavo� 0 i whoa as the authority to commit ATTEST: t City of Newport Beach to the acqui- sition of this property. City Clerk The terms and conditions of the above offer are hereby accepted subject to the approval of the California Highway Commission. For Department of Transportation EDWARD C. PURPUS Right of Way Agent Excess Land Sales (213) 620 -2093 ECP:gk Encls.