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HomeMy WebLinkAbout5150 - Assignment of PropertyWWC:m 1/18/ (12) 1 RESOLUTION NO. 5150 • 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF 3 ASSIGNMENTS. 4 5 WHEREAS, the City of Newport Beach has offered property 6 for sale under the terms of Resolution No. 5081; and 7 WHEREAS, approximately 0.11 acres of said property is 8 under lease to the United States of America; and 9 WHEREAS, the remainder of said property is under lease 10 Ito Walter A. Lotze; and • 11 12 13 14 15 16 17 18 19 20 21 22 .23 24 25 26 27 28 29 30 31' 32 WHEREAS, a portion of the property under lease to said Lotze is being retained by the City; and WHEREAS, Roy K. Sakioka; the buyer, has requested assign- ment to him of the lease to the United States of America and a pro- portionate assignment of the lease, to Walter A. Lotze; NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Clerk are hereby authorized and directed to.execute assignments of said leases to the grantee named in the deed as designated by said buyer, assigning said lease to the United States of America in its entirety and assigning the lease to Walter A. Lotze as to the land being conveyed to said buyer. This resolution was adopted by the City Council of the City of Newport Beach at an adjourned regular meeting on the 18th day of January; 1960, by the following vote, to wit: AYES, COUNCILMEN: Atkinson, Higbie, Stoddard, Hart, Lorenz,' NOES, COUNCILMEN: None ABSENT COUNCILMEN. Kingsley, Somers STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF NEWPORT BEACH) 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 Noe 5150 was duly and regularly adopted, passed, and approved by the City Council of adjourned the City of Newport Beach, California, at a regular /meeting of said City Council held at the regular meeting place thereof, on the 18th day of January 19 60 , by the following vote, to wit: AYES, COUNCILMEN: Atkinson, Higbie, Stoddard, Hart, Lorenz NOES, COUNCILMEN: ABSENT, COUNCILMEN Dated this 19th None Kingsley, Somers day of January 19 60 � s City C er n d px-Officio Clerk of the City Council, City of Newport Beach, State of California.