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3 , <br />4 i <br />5 ;I <br />6 I <br />7 ' <br />8 'I <br />10 ;I <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />1.7 <br />18 <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 />�I <br />32 ,I <br />�I <br />Into an Agreement with one D.T. Elliott, Bald Agreement being: <br />dated November 1, 1943 and covering the proposed drilling for 411 <br />on certain submerged lands belonging to the City of Newport Stook <br />and <br />WH:REAS, the interest of said D.W. glllott hsa p" W e <br />by moons aselgnmenta to Rumble evil a Refining Company, a oorporq- <br />Lion, as to an unilivide4+ 50% interest ; to isonteroy oil Corwp�Uy, <br />corporation, as to an undivided 35A interest; and to Wilmington <br />Associates, Ina., a oornoration, as to an undivided 15% interest; <br />m'HERgAD, Wilmington A0000iates, Imo. is desirous of <br />assigning its 15% laterest in said Uliott Oontraol to Monterey <br />Oil Compauyj and <br />VH7'PUS, a previous consent of theme City. of Newport Boao1 <br />to the assignment to sold Humble Oil ♦ Refining Oospvq, Monterey <br />011 Compasp and Wilmington Assoolated, Ino., did provide that'': <br />uileaington Ap00e1At06e Inc. could, without any further consent <br />f rom.the City of Newport Beach aaslgn its interest to Monterey` <br />Uil Company; and r. <br />WHF.RUS, notwithetanding said prior consent to.the pro- <br />posed assignment by Wilmington Associates, Imo. to Monterey oil <br />GompAnyt the City of Newport Deana desires to consent to sa14 <br />as o l M;nment; " <br />M1UW, THV FYORF, AF IT RBBULUD that the City of Newport <br />Beach does hereby consent to the asnignmeMi by Wilmington Associ- <br />ates, Ina- of its 154 interest in the M UO% Oootraot to Mentors; <br />Oil Company. <br />0 <br />The above and foregoing Resolution was duly and rogul- <br />arly passed and adopted by the City Council of the City Of Now <br />Beach, at a regular meeting thereof, held on the 11th day,.of <br />January, 1954, by the following vote, to 9111. , <br />1 ORIGINAL DOCUM6W, <br />NOT LEGIBLE <br />