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HomeMy WebLinkAbout2687 - Option for Purchase of Land7 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 v .. RESOLUTION NO. WHEREAS, there has this day been presented to the City Council of the city of Newport Beach a certain OPTION FOR PURCHASE OF LAND, wherein the City of Newport Beach, as Vendor, agrees to convey to the United states of America, in accordance with the terms and conditions set forth in said Option, the following described land, together with all rights, hereditaments, easements appurtenances and improvements thereunto belonging, located in Orange County, California, and described as follows: The Westerly 100 feet of the following described property: Beginning at a 4" x 4" stake marked SSA No. 112, and marking STn 112 of the Rancho Santiago de Santa Ana; running thence South 750 231 45" West, 351.47 feet along the Westerly line of said Rancho to a 4" x 4" stake marking the inter- section of said Rancho Line with the center line of Fairview Avenue, also known as Harbor Boulevard; thence South 10 031 Fast 1036.86 feet along said center line of Fairview Avenue to to a 2" x 4" stake set over a stone corner, said stake marking the intersection of the center lines of .Fairview Avenue and Huntzinger Street- thence North 880 451 East to the inter- section with the tasterly line of that parcel of land described in the deed to N. W. Draper, et al., recorded May 14, 1920, in Book 360, at page 40, of Deeds, records of said Orange County; thence North 00 301 West along said Easterly line of said parcel to the Northeast corner thereof; thence West along the North line of said parcel to a point in the Westerly boundary of the said Rancho Santiago de Santa Ana; thence South 8® 271 West along said boundary line to the point of beginning. And WHEREAS, said option is to be exercised within three months from date, and the purchase price for said property is the sum of $700.00; and MMEAS, it is the opinion and ,judgment of the City Council of the City of Newport Beach that it is for the best interests and advantage of the City of Newport Beach and the citizens thereof that said Agreement of Option be granted to the United States Government upon the terms and conditions and for the consideration therein mentioned, and that the price therein set forth is not disproportionate to the actual market value of said land. LAW OFFICES OF II ROLANO THOMPSON 1. 210 SPURGEON BLDG. SANTA ANA. CALIF. 0 1 2 3 4 5i 6 7' 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 LAW OFFICES OF ROLAND THOMPSON 210 SPURGEON BLDG. SANTA ANA. CALIF. r NOW, THEREFORE, BE IT RESOLVED: That the Mayor and City Clerk of the City of Newport Beach, and they are hereby directed, authorized and instructed to execute said Option for Purchase of Land, in the name of and on behalf of the City of Newport Beach. I hereby certify that the above and foregoing resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach at a regular meeting thereof held on the ,4th day of .1,&nuaryi, 1945, by the following vote, toy - wit: AYES, COUNCILMEN: r VC` � Co. e�o, � a4�( t CQ� NOES, COUNCILMEN:��R. ABSENT, COUNCILMEN: TEST: Clerk 1 gayor