HomeMy WebLinkAbout7475 - Balboa Yacht BasinRESOLUTION NO. 74475
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH CONSENTING TO THE ASSIGNMENT
TO THE IRVINE COMPANY OF ALL RIGHTS, TITLE
AND INTEREST OF HUGH W. HALEY AND MARGARET E.
MEISINGER UNDER THAT CERTAIN LEASE DATED
FEBRUARY 28, 1950 BETWEEN J. A. BEEK, CARROLL B.
BEEK, BARTON BEEK AND JOSEPH ALLEN BEEK, JR.,
AND HUGH W. HALEY AND MARGARET E. MEISINGER,
DOING BUSINESS AS BALBOA YACHT BASIN
WHEREAS, by a lease dated January 9, 1950, the City
of Newport Beach as Lessor, and J. A. Beek, Carroll B. Beek,
Barton Beek and Joseph Allen Beek, Jr., as Lessees, leased
certain real property from the City of Newport Beach, which
included the property known as the Balboa Yacht Basin property,
as hereinafter more particularly described; and
WHEREAS, under that certain lease dated February 28,
1950, by and between J. A. Beek, Carroll B. Beek, Barton Beek
and Joseph Allen Beek, Jr., as Lessors and Hugh W. Haley and
Margaret E. Meisinger, as Lessees, the Balboa Yacht Basin
property was leased to Hugh W. Haley and Margaret E. Meisinger
for a term of thirty -eight (38) years commencing on February 28,
1950; and
WHEREAS, a request has been presented to the City
Council that it approve a proposed assignment of the interests
of Hugh W. Haley and Margaret E. Meisinger, as Lessees, under
the aforesaid lease to The Irvine Company, a West Virginia
corporation; and
WHEREAS, this City Council has reviewed the terms
and circumstances of said proposed assignment, and has determined
that the proposed assignment would not have an adverse effect
upon the interests of the City of Newport Beach; and
WHEREAS, the Balboa, Yacht Basin property is more
particularly described as follows:
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A parcel of land situated in the northwest quarter
of Section 35, Township 6 South, Range 10 West. S.B.B. &M.,
Orange County, California, to wit:
0
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Newport Beach that consent is hereby given on behalf
of the City to the assignment to The Irvine Company, a West
Virginia corporation, of all rights, title and interest of
Hugh W. Haley and Margaret E. Meisinger under that certain lease
dated February 28, 1950, by and between J. A. Beek, Carroll B.
Beek, Barton Beek and Joseph Allen Beek, Jr., parties of the
first part and Hugh W. Haley and Margaret E. Meisinger, parties
of the second part, recorded on March 13, 1950, as Instrument
No. 12032 in Book 1984, page 480, together with all buildings
and other improvements on said land, subject, however, to the
terms and conditions of that certain lease dated January 9, 1950,
between the City of Newport Beach and J. A. Beek, Carroll B. Beek,
Barton Beek and Joseph Allen Beek, Jr.
BE IT FURTHER RESOLVED that the Mayor and the City
Clerk are hereby authorized to execute an assignment in
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Beginning at a point in the U.S. Bulkhead line
between Station No. 200 and Station No. 101 as shown upon
a map entitled "Harbor Lines, Newport Bay Harbor, California",
approved May 2, 1936 by the Secretary of War, and on file
in the office of the United States District Engineer
at Los Angeles, California, said point of beginning being
East 784.25 feet of said Bulkhead Station No. 200;
running thence North 424.71 feet to a point in the
northerly line of that certain parcel of land conveyed
to the City of Newport Beach by The Irvine Company, as
described in deed recorded September 25, 1929, in Book
306, page 375, of Official Records of Orange County,
California; thence South 85 °43' East 772.15 feet to
the Northeasterly corner of the last mentioned parcel
of land; thence South along the Easterly line of the
last mentioned parcel of land 367.01 feet to a point in
said U.S. Bulkhead line between Station No. 200 and
Station No. 101; thence West along said Bulkhead line
770 feet to the point of beginning; containing approximately
seven (7) acres.
0
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Newport Beach that consent is hereby given on behalf
of the City to the assignment to The Irvine Company, a West
Virginia corporation, of all rights, title and interest of
Hugh W. Haley and Margaret E. Meisinger under that certain lease
dated February 28, 1950, by and between J. A. Beek, Carroll B.
Beek, Barton Beek and Joseph Allen Beek, Jr., parties of the
first part and Hugh W. Haley and Margaret E. Meisinger, parties
of the second part, recorded on March 13, 1950, as Instrument
No. 12032 in Book 1984, page 480, together with all buildings
and other improvements on said land, subject, however, to the
terms and conditions of that certain lease dated January 9, 1950,
between the City of Newport Beach and J. A. Beek, Carroll B. Beek,
Barton Beek and Joseph Allen Beek, Jr.
BE IT FURTHER RESOLVED that the Mayor and the City
Clerk are hereby authorized to execute an assignment in
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conformity with the terms expressed in this Resolution.
ADOPTED this 12th day of July, 1971.
ATTEST:
City Clerk
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-3- 7/14/71