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HomeMy WebLinkAbout7357 - Seashore Drive Encroachment Settlement• i • RESOLUTION NO. '7357 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ACCEPTING A QUITCLAIM DEED FROM JAMES B. WALLACE AND MARGARET E. WALLACE IN CONNECTION WITH SETTLEMENT OF SUPERIOR COURT CASE NO. 152669 RE SEASHORE DRIVE ENCROACHMENTS WHEREAS, in connection with the terms of the settlement agreement entered into between James B. Wallace and Margaret E. Wallace, husband and wife, and the City of Newport Beach in Superior Court Case No. 152669 there has been delivered to the City of Newport Beach a certain quitclaim deed wherein the said Mr. and Mrs. Wallace relinquish to the City of Newport Beach any rights they may have in Seashore Drive adjacent to the north- easterly line of Lot 7, Block E, Seashore Colony Tract, legally described as follows: and A strip of land 20.00 feet in width lying adjacent to the northeasterly line of Lot 7, Block E, Seashore Colony Tract, as per map recorded in Book 7, page 25 of Miscellaneous Maps, records of Orange County, California; the southwesterly line of said strip being the northeasterly line of said Lot 7. EXCEPTING therefrom the southeasterly 45 feet thereof. WHEREAS, it is in the best interests of the City to accept said quitclaim deed; NOW, THEREFORE, BE IT RESOLVED that said quitclaim deed is hereby accepted and the City Clerk is authorized and directed to execute and attach thereto a certificate of acceptance and consent to its recording, and to record said document in the County Recorder's office. ADOPTED this 11th day of January, 1971. ATTEST- City ity Clerk 8147 CLERK OF THE CITY OF NEWP BEA6k� Mayor THS:adw 1/7/71