HomeMy WebLinkAbout3529 - Exchange of Property•
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LAW OFFICES OF
-AND THOMPSC
SPURGEON BLD
SANTA ANA. CALIF.
RESOLUTION NOJ o5-A,
WHEREAS, there has this day been presented to the City
Council of the City of Neemort Beach a certain agreement of ex-
change, dated the 10th day of September, 1947, wherein the City of
Newport Beach has agreed to exchange the Northwesterly 30 feet
of the Southwesterly 15 feet of Lot Twenty -one and the North-
westerly 30 feet of Lots Twenty -two and Twenty -three in Block
One Hundred Thirty -two of Lake Tract, City of Newport Beach, Cali-
fornia, for the Southeasterly 25 feet of the Northwesterly 55 feet
of Lot 24 in Block 132 of Lake Tract, City of Newport Beach,
California; and
WHEREAS, the property belonging to the City of Newport Beach
Is valued in such exchange at 11000.00, and the property for which
they intend to exchange is valued at 1700.00; and
WHEREAS, William F. Donahue and Blanche I. Donahue, husband
and wife, are the owners of the property which said City intends t
exchange for, and said owners have agreed to pay to said City the
difference between the values in the sum of 1300.00; and
WHEREAS, the City needs said property owned by William F.
Donahue and Blanche I. Donahue, husband and wife, for the widening
of Coast Boulevard; and
WHEREAS the City Council believes that the considerations
mentioned in said exchange are fair, just and adequate, and that
It is for the best interests of said City and the inhabitants
thereof that said exchange be made;
NOW THEREFORE, BE IT RESOLVED, that the idayor and City Clerk
of the City of Newport Beach be authorized, directed and instructe
to sign said exchange agreement dated the 10th day of September,
1947, wherein the City of Newport Beach is therein referred to as
First Party, and William F.. Donahue and Blanche I. Donahue,
husband and wife, are therein designated Second Party; and
1,
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LYW OFFICES OF
THOMPSON
.r SPURGEON BLDG,
SANTA ANA, CaUP.
BE IT FURTHER RESOLVED, that when said exchange agreement
has been signed that the same be deposited by the City Clerk as
escrow instructions for the exchange of the properties herein de-
scribed, with the Orange County Title Company of Santa Ana, Cali-
fornia.
I hereby certify that the foregoing Resolution was duly
and regularly passed and adopted by the City Council of the City
of Newp t Beach at a regular meeting of the City Council held
on the ;h�l day of�;,„, , , 1947, by the following
vote, to -wit:
a
NOES, COUNCIIIJEN:
ABSENT, COUNCILMEN:
MAYOR
2.
•
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 :maintained in my office,
the foregoing Resolution No. 3529 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 6th day of October 9 19479 by the following
vote, to wit:
AYES, COUNCILMEN: Allen, Robertson, Reed
NOES, COUNCILMEN:
ABSENT, COUNCILMEN
Dated this 8th
None
Siler. Isbell
day of December
e 1958•
City Clerk nd Ex- Officio Clerk of the
City Council, City of Newport Beach,
State of California.