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HomeMy WebLinkAbout5982 - Execution of a Contract,(12) 1 RESOLUTION N0. 5982 2 A RESOLUTION OF THE CITY COUNCIL OF THE. CITY OF NE14PORT BEACH AUTHORIZING THE . ^CUTION OF A 3 CONTRACT 4 511 WRCAS, the City of Newport Beach owns the following 6 described property: 7 Parcel 1 8 All of Lot 1, Block 223, as shown on a map of Section A, Newport Beach, recorded in Book 4, page 21, of Niscel- 9 laneous baps, Records of Orange County, California, and all that portion of Block 222 of said Section A described 10, as follows: 11 Beginning at.the most northerly corner of said Block 222; running thence south 46° 50' 30" east along the north - 12 easterly line of said Block 222.to the most northerly corner of Lot 1, Tract 814, as shown upon a map recorded in Book 13 24, page 36, Records of said County; running thence south - 14 westerly along the northwesterly line of said Lot 1, Tract 814, to a point in the southwesterly line of said Block 222; thence northwesterly along the southwesterly line 15 of said Block 222 to the most westerly corner of said 16 Block 222; thence northeasterly along the northwesterly line of said Block 222 to the point of beginning, 17 parcel 2 18 The property adjoining Parcel 1 described as follows: 19 Beginning at the most northerly corner of Lot 1, Block 223, as shown on a map of Section A, Newport Beach, 20 recorded in Book 4, page 21, of Niscellaneous Maps, Records of Orane County, California; running thence 21 south 460 50' 39" east along the northeasterly line of 22 said Block 223 and Block 222 of said Section A to the most westerly corner of Lot 1, Tract 814, as shown on 23 a map recorded in Book 24, page 36, Records of Orange County, California; thence northeasterly along the 24 northeasterly prolongation of the northwesterly line of said Lot 1, Tract 814, to an intersection with the 25 U. S. Government bulkhead line between U. S. bulkhead station 120 and station 121, as shown on a map entitled 9Harbor Lines, Newport Harbor, California ", approved by 26 the Secretary of War, may 2, 1936, and on -file in the 27 office of the United States District Engineer in Los Angeles, California; thence northwesterly along said 28 bulkhead line to an intersection with the northeasterly prolongation of the northwesterly line of said Lot 11 Block 223; thence southwesterly along the northeasterly 29 prolongation of the northwesterly line of said Lot 1, 30 Block 223, to the point of beginning; 3111 and 3211 1HEMAS, Section 1402 (b) of the Newport Beach Charter 11 provides that the City Council may sell and convey said property; 21 and 3j WHEREAS, a contract has been prepared under which the 4I City agrees to sell and Anthony Fools, Inc., a California corpora • 5, tion, agrees to buy said real property; and 6I WHEREAS, said contract provides for payment to the City 7 in the sum of $155,000, which is equal to or higher than the fair 8 market value of said property; and 9 W11EREAS, said contract also provides for the buyer to pay 10 the cost of establishing the line of ordinary high tide adjacent to 11 said property; and 12 VMRE.AS, it appears to be in the best interests of the 13 City to execute said contract and sell the above described real 14 property pursuant thereto; 15 NOW, THEREFORE, BE IT RESOLVED that the Nayor and City 16 Clerk be and are hereby authorized and directed to execute said 17 contract on behalf of the City. 18 19 ADOPTED this 22nd day of June , 1965. 20 21 Mayor 22 ATTEST: 23 City C erFt'� 24 25 26 27 28 29 31 ` 32 2. • 4 STATE OF CALIFORNIA D 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 No. 5982 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 22nd day of June 19 64 by the following vote, to wit: AYES, COUNCILMEN: Forgit, Cook, Gruber, Elder, Marshall Parsons NOES, COUNCILMEN: Stoddard ABSENT, COUNCILMEN: None Dated this 7 t day of July _,,19 64 .�� '1 City Clerk arq Ex- fficio Clerk of _the City Council, City of Newport Beach, State of California.