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Af <br />RESOLUTION NO. 7361 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF NEWPORT BEACH DECLARING CERTAIN REAL <br />PROPERTY TO BE SURPLUS, AUTHORIZING ITS SALE <br />AND SETTING OUT THE PROCEDURE FOR ITS SALE <br />WHEREAS, the City of Newport Beach has title to the real <br />property hereinafter described; and <br />WHEREAS, it appears that the City has no present or <br />prospective need for said property; and <br />WHEREAS, no qualified public agency has offered to <br />purchase the property at fair market value for park and recreation <br />purposes pursuant to Title 5, Division 2, Article I of the <br />California Government Code; and <br />WHEREAS, it would be in the best interests of the City <br />to sell said property under the following terms, procedure and <br />conditions; <br />NOW, THEREFORE, BE IT RESOLVED that the City Council <br />hereby FINDS, DETERMINES, RESOLVES AND ORDERS: <br />SECTION 1. Surplus Property - Description. The City- <br />owned real property hereinafter described is surplus property, <br />and there is no present or prospective need for same: <br />The north 350.00 feet of the west 340.00 feet of <br />Section 8, Township 6 South, Range 10 West, in the Rancho <br />Las Bolsas, City of Huntington Beach, County of Orange, <br />State of California., as per map recorded in Book 51, <br />Page 14 of Miscellaneous Maps, in the Office of the County <br />Recorder of said County; <br />SUBJECT TO: Easements for street and highway purposes <br />over the northerly 50 feet and the westerly 60 feet; <br />EXCEPTING AND RESERVING from said grant of real property, <br />all right, title and interest in any and all waters, either <br />appurtenant or non- appurtenant to said real property, and <br />which at any time have flowed or may in the future flow on the <br />surface, or percolate as ground waters underlying said real <br />property, including any overlying or riparian rights for <br />use on said real property, or in the exercise of any appro- <br />priative, prescriptive, or any other non- riparian or non - <br />overlying right, by delivery and use at any place or use within <br />the watershed of the Santa Ana River and its tributaries. <br />-1- <br />