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1 <br />• 2 <br />3 <br />• 4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />0 <br />0 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />t. <br />MWWAS, there has been submitted to the City Council <br />of the City of Newport $each, an i�pTeement fated September 29, <br />1952, by and between the said City of Hewort '.'each and the <br />Pacific 1eotMo 11911way Cgmnany, wherein an ,17 whereby WW Paoift <br />Pacific El.eetriu 1�ai.lway Gil ;nom agreen trn zlve a gmnt of eftee- <br />&eat for roadway pures ones with the z°.Ight of ita-aftate posmessiott <br />to the City over certain real pproierty deaeribed mare paartiou- <br />lnrly on LxhIbit A thereof, the, r- i V, :v&,A pro perty being neoes» <br />sary for the iaproveraent and widening of Balboa Boulevard# and <br />wherein and whereby it is agreaC -; that if the 31st = treA cut -otr <br />is carried out between the City on the one hxnd. anR the Pacific <br />�,`ieotrio Railway Company and the pacific Ilsotrlo Land Cap -m_ sn r <br />on the other hark!, there win be no a44itlanai consideration <br />passing from the City to the Pacific "Aectric ". allway' '9oe- &ny, <br />whereas It the 31st -treet cut -oft f'oea not ga through, the <br />City agreed to deed to the Pacific 71ectric Tlailvay Cosnany <br />certain adjacent property as de^cribed on 'Exhibit H via,. °eof; and <br />WHI- �EA3, it appears to be for the 'bent interests of <br />the citizens of than City of He��rt -teaah to enter into sale, <br />Weement; <br />NOW# REi u , $ ii " e :.3I.Y t} sAt V0 City of NeePort <br />Rsaah enter into szia .'greemsnt with ra a 11acific aectrlo <br />Railway Comma WYs and the bayor arad Vie City Clerk of the City <br />of Newport Beach are hereby authorized and di..-Pated to execute <br />said Agreement for anll in bebrat of the City of litvmort �ey4l�i, <br />and the City Clerk is authorizeal and directed to transmit an <br />executed color thereof to said Faaific 3:ectrio = PU-wPy CowpoAy. <br />The above and foregoing "esolution w duly and regu- <br />larly passed and adopted at an raga ar adjourned meeting of the <br />City Council of the City of he-7p rt '!aeachv held, on t7?sP, 29th dept <br />wa <br />