Loading...
HomeMy WebLinkAbout7434 - Space EasementRESOLUTION NO. 7 `g 3 4 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH, THE IRVINE COMPANY AND E. 0, RODEFFER IN CONNECTION WITH A SPACE EASEMENT WHEREAS, The Irvine Company is the owner of that certain real property located in the City of Newport Beach, located on the northwest corner of San Nicolas Drive and future Avocado Avenue, (subject property); and WHEREAS, E. 0. Rodeffer is the Lessee of the subject property under a long term ground lease agreement with Lessor dated November 13, 1969; and WHEREAS, Lessee proposes to construct a multiple story office building on the subject property with increased floor area as permitted by Section 506, subsection 3, of the Uniform Building Code by providing an increase in the separation of the building on three sides; and WHEREAS, The Irvine Company and E. O. Rodeffer have agreed to keep said separation of the building on three sides clear and unobstructed during the term of their ground lease; NOW, THEREFORE, BE IT RESOLVED that said agreement for the space easement above described is approved and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 24th day of May 1971. Mayor • ATTEST�:i_ City 'Clerk' THS : adw Asa i 3/4/71 CIW CU YV OF.N k];zA^�44 Ay 2 t