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HomeMy WebLinkAbout3378 - Property Exchange with Mabel Yoerk1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 LAW OFFICES OF ROLAND THOMPSON 208 SVVRCEON BLDG. SANTA ANA. CALIF.. RESOLUTION NO. I VL� WHEREAS, the City of Newport Beaoh.is the owner of Lot 6 in Block 235 of Lake Tract, Newport Beach, as shown on a Map recorded in Book 4, page 13 of Miscellaneous Maps, records of Orange County, California; and WHEREAS, Mabel E. Yoerk, a married woman, is the owner of the Northwesterly rectangular 32* feet of Lots 21, 22 and 23 of Block 133, Lake Tract, Newport Beach, as shown on a Map recorded in Book 4, page 13 of Miscellaneous Maps, records of Orange County, California; and WHEREAS, the City is in urge it need of the property owned by Mabel E. Yoerk, a married woman, heretofore described, for the widening of Coast Boulevard in said City; and WHEREAS, the properties above - mentioned, are of approximately equal market value, except that the properties owned by Mabel E. Yoerk, a married woman, are worth approximately #437.50 more than the City -owned property; and WHEREAS, the City has agreed to exchange the property owned by it for the property owned by said Mabel E. Yoerk, a married women, and has further agreed to pay the difference in equities amounting to the sum of $437.50; and WHEREAS, in the judgment of the City Council of the City of Newport Beach, the consideration for said exchange is fair, just, and adequate, as the money and property given by the City is of approximately.equal market value to the property which it is Ito receive; and WHEREAS, it is for the best interests and benefit of the City of Newport Beach and the inhabitants thereof that said exchange be made; NOW, THEREFORE, BE IT RESOLVED that the City of Newport Beach make, execute, and deliver to Mabel E. Yoerk, a married woman, a deed to the properties heretofore described as being owned -1- o, � .', 1 11by it, in exchange for a good and sufficient deed to the properties • 2 owned by said Mabel E. Yoerk, a married woman; AND BE IT FURTHER RESOLVED that all excrow charges and • 4 Ilcharges of title be divided equally between the parties herein, and 511that both properties herein mentioned and described shall be con- 6 veyed to the parties hereto, free and clear of all encumbrances of 7 every nature, description, or kind. 8 AND BE IT FURTHER RESOLVED that the Mayor and City Clerk 9 of the City of Newport Beach, be authorized, directed and instruct 10 to sign and execute, on behalf of the City of Newport Beach and in 11 the name of said City, a corporation grant deed, granting to the 12 said Mabel E. Yoerk, a married woman, the properties owned by said 13 City and heretofore described, and that said deed be delivered to 14 said Mabel E. Yoerk, a married woman, when said named party has 15 made, executed, and delivered a good and sufficient deed to the pr 16 perties owned by her, to the City of Newport Beach. 17 I hereby certify that the above and foregoing Resolution 18 was duly and regularly passed and adopted by the City Council of 19 the City of Newport Beach at a regular meeting thereof held on the 20 19th day of August, 1946, by the following vote, t t: 21 pg II,, AYES. COUNC ILMEN O XJ-h%, 22 23 v NOES, COUNCILMEN: Y 1tLv`9 24 ABSENT, COUNCILMEN: 25 26 = 0 27 A EST -s ".` Mayor T 28 = f ty Clerk • 29 3c... 30 31 32 LAW OFFICES OF ROLAND THOMPSON 208 SPURGEON BLDG. SANTA ANA. CALIF.. 0 0 E 0 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF NEWPORT BEACH ) SS I, MARGERY SCHROUDER, City Clerk of the City of Newport Beach, California, do hereby certify that according to the records of the City of Newport Beach filed and ::iaintained in my office, the foregoing Resolution No. 3378 was duly and regularly adopted, passed, and approved by the City Council of the City of Newport Beach, California, at a regular meeting of said City Council held at the regular meeting place thereof, on the 19th day of August , 1946, by the following vote, to wit: AYES, COUNCILMEN; Allen, Siler, Isbell, Robertson, Reed NOES, COUNCILMEN: None ABbENT, COUNCILMEN: None Dated this 6th day of October i9 59 �1 City Clerk and Px- Officio Clerk of the City Council, City of Newport Beach, State of California.