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HomeMy WebLinkAbout3088 - Lease Amendment to South Coast Company0 1 2 RESOLUT IOW NO. 3 4 IMREAS, there has been this day presented to the City 5 Council of the City of Newport Beach a certain instrument, in 6 writing, designated "Amendment to Lease ", and 7 I'MREAS, said instrument so designated, as aforesaid, 8 amends that certain lease dated May 1, 1944, in which the City 9 of Newport Beach leased to South Coast Co., a corporation, certain 10 property in said lease described for a period of one year com- 11 mencing as of the First day of May, 1944, and ending as of the 12 30th day of April, 1945, at a monthly rental of 4262.50 per 13 month, and 14 1 1711EREAS, lessee desires said lease to be amended by the 15 insertion therein of a provision to the effect that said lease 16 may be terminated as of the First day of any calendar month during 17 the term thereof, or any extension thereof, and 18 IMER.EAS, the City Council of the City of Newport Beach 19 believes that it is for the best interests of said City that 20 said lease be amended, and that said amendment is in all respects 21 just, fair and equitable; 22 23 NOW, THEREFORE, BE IT RESOLVED: That said instrument 24 designated "Amendment to Lease" is in all respects just, fair and 25 equitable; and 26 BE IT FURTHZR RESOLVED, that the 1"ayor and the City 27 Clerk of the City of Newport Beach be, and they are hereby 28 authorized, instructed and directed to sign said amendment to 29 lease on behalf of the City of Newport Beach. 30 31 I hereby certify that the foregoing Resolution was duly 32 and regularly passed and adopted by the City Council of the City OFFICES OF 'AND THOMPSON PURGEON BLDG. ANA. CALIF. -1 0 r3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 19 20 21 22 23 24 25 26 27 28 29 30 31 32 LAW OFFICES OF ROLANO THOMPSON 210 SPURGEON BLDG. SANTA ANA. CALIF. i(� I of Newport Beach at a regular meeting thereof held on the 6th day of November, 1944, by the following roll call vote, to -grit: 'City Clerk -COTJH0xL1M&4We1A NOES, COUACILi,,311: ABSENT, COUNCILIM: --2- �3ayor