HomeMy WebLinkAbout88-57 - Balboa Island Ferry Ad Hoc CommitteeRESOLUTION NO. 88_57
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH ESTABLISHING THE CITY COUNCIL
BALBOA ISLAND FERRY AD HOC COMMITTEE
•
WHEREAS, the
City Council in 1963
granted to
the Balboa
Island Ferry Company,
a lease and franchise
to operate
a toll
ferry service across Newport Bay between Balboa Island and
the Balboa Peninsula; and
WHEREAS, such lease and franchise are due to expire
July 8, 1988 and the operator has applied for a renewal thereof;
and
WHEREAS, the City Council desires to investigate the
merits and alternatives associated with such renewal; and
WHEREAS, the City Council desires to extend the current
lease and franchise pending the outcome of such investigation.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Newport Beach, that the City Council Balboa Island
Ferry Ad Hoc Committee is hereby created.
BE IT FURTHER RESOLVED that the functions and duties
of the Committee shall be as follows:
1. The Committee shall consist of Councilmembers
Strauss, Turner and Maurer with Councilmember Strauss as
Chairman.
.mot
IWI
2. The Committee shall review the terms and conditions
of the lease and franchise for the toll ferry and make recommenda-
tions to the City Council regarding renewal thereof.
3. The Committee shall report to the City Council on or
before September 12, 1988.
4. The Committee shall sunset September 30, 1988
unless the'term is extended by the City Council prior to that
date.
BE IT FURTHER RESOLVED that the Mayor and City Clerk
are authorized to'execute a Memorandum of Agreement attached
hereto as Exhibit A extending the'term of the lease and franchise
from July 8, 1988 to September 30, 1988.
ADOPTED this 13th day of June 1988.
ATTEST:
City Clerk &024-0
ea
2.
1
MEMORANDUM OF AGREEMENT
EXTENSION OF LEASE AND FRANCHISE
(hereinafter "City ") and the Balboa Island Ferry Company
(hereinafter "Ferry Co. "), a California corporation, is made
with reference to the following:
R E C I T A L S
WHEREAS, the City on July 8, 1963 entered a lease with
and granted a franchise to Ferry Co. for the purposes of operating
a toll ferry between Balboa Island and the Balboa Peninsula; and
WHEREAS, said lease and franchise are due to expire
July 8, 1988, and the Ferry Co. has applied for a renewal thereof;
and
WHEREAS, the City wishes to conduct a 90 day investigation
of the merits and alternatives regarding such renewal; and
WHEREAS, the City and the Ferry Co. desire to extend the
termination dates of the lease and franchise pending completion
of the investigation.
NOW, THEREFORE, the parties hereby agree as follows:
� 1. The termination dates contained in the lease and
franchise both dated July 8, 1963 are extended from July 8, 1988
to September 30, 1988.
This
Agreement entered this
o? day
of 1988
between the
City of Newport Beach,
a municipal
c po
(hereinafter "City ") and the Balboa Island Ferry Company
(hereinafter "Ferry Co. "), a California corporation, is made
with reference to the following:
R E C I T A L S
WHEREAS, the City on July 8, 1963 entered a lease with
and granted a franchise to Ferry Co. for the purposes of operating
a toll ferry between Balboa Island and the Balboa Peninsula; and
WHEREAS, said lease and franchise are due to expire
July 8, 1988, and the Ferry Co. has applied for a renewal thereof;
and
WHEREAS, the City wishes to conduct a 90 day investigation
of the merits and alternatives regarding such renewal; and
WHEREAS, the City and the Ferry Co. desire to extend the
termination dates of the lease and franchise pending completion
of the investigation.
NOW, THEREFORE, the parties hereby agree as follows:
� 1. The termination dates contained in the lease and
franchise both dated July 8, 1963 are extended from July 8, 1988
to September 30, 1988.
2. The City and Ferry Co. shall abide by all terms
and conditions contained in the original lease and franchise
throughout the extended term.
City Clerk
BALBOA ISLAND FERRY COMPANY
2.
By
2.