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HomeMy WebLinkAbout9298 - 32nd Street Property Exchange• • RESOLUTION NO. 9298 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CORPORATION GRANT DEED TRANSFERRING PARCELS F AND H TO THE SOUTHERN PACIFIC LAND COMPANY IN CONNECTION WITH THE 32ND STREET PROPERTY EXCHANGE WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Corporation Grant Deed wherein the City of Newport Beach grants to the Southern Pacific Land Company in connection with the 32nd Street Property Exchange, the following described real property: Parcels F and H in the City of Newport Beach, County of Orange, State of California, as shown on a Parcel Map recorded in Book 32, Page 41, of Parcel Maps in the office of the County Recorder of said County Subject to the following deed restrictions: 1. The northwesterly six (6) feet of Parcels F and H shall be used for landscaping and other screening to provide a barrier between residential and commercial zoning; 2. Covenants, conditions, restrictions, rights, rights -of -way and easement of record, if any. WHEREAS, it is to the interest of the City to grant Southern Pacific Land Company said above - described property; 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 Corporation Grant Deed transferring Parcels F and H to the Southern Pacific Land.Company in connection with the 32nd Street Property Exchange. ADOPTED this 27th day of March 1978. ATTEST: C ty Clerk _y PITY Cm or THE CITY or N uACM DDO /bc AAR 2 9 1978 3/24/78 BAT& ---- . --...