Loading...
HomeMy WebLinkAbout8034 - Vacation of Ocean FrontO�FciR6. I�eco�DS of C.i2.9 r16 E c �Tr Jo� l6, ,y73 RESOLUTION NO. 8 ® 3 4 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH REPEALING RESOLUTION NO. 7827 ORDERING THE VACATION, CLOSING UP AND ABANDONMENT OF A PORTION OF THE STREET KNOWN AS OCEAN FRONT AND CANCELING A CER- TAIN LAND EXCHANGE AGREEMENT • WHEREAS, by letter dated February 12, 1972, Robert W. Peinado, owner of the property located at 6200 Ocean Front, more particularly described as a portion of a certain street known as Ocean Front, adjacent to Lot 1, Block B, Seashore Colony Tract, in the City of Newport Beach, County of Orange, State of California, offered to dedicate the northerly 15 feet of said property to the City for,�alliey-:r ght;of:,iaay," n -exchange for the vacation by the City of a 15 foot wide strip of Ocean Front adjacent to the Peinado property; and WHEREAS, pursuant to said offer to dedicate, an agreement was drafted setting forth the terms and conditions of the aforementioned property exchange between the City of Newport Beach and Robert W. Peinado, said agreement was executed and became effective on October 13, 1972; and WHEREAS, on October 10, 1972, the City Council held a public hearing after which Resolution No. 7827 entitled "A Resolution of the City Council of the City of Newport Beach Ordering the Vacation, Closing Up and Abandonment of a Portion of the Street Known as Ocean Front" was adopted; and WHEREAS, Robert W. Peinado, by letter dated June 13, 1973, has expressed a desire to revoke his offer to dedicate the northerly 15 foot strip of land off of his property located at 6200 Ocean Front and further expressed a desire to cancel the aforementioned proposed land exchange agreement; and WHEREAS, Robert W. Peinado and Charlene Peinado have executed a Grant of Easement granting the 15 foot wide strip • of Ocean Front adjacent to their property back to the City of Newport Beach; and - 1 - WHEREAS, in light of Mr. Peinado's request to rescind said land exchange agreement and place all the parties back in their original positions, the City Council believes it to be in the best interest of the City to repeal the resolution calling • for the abandonment of the 15 foot strip of Ocean Front adjacent to the Peinado property. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that Resolution No. 7827 is hereby repealed and that the agreement mentioned hereinabove is can- celed and that the parties to said agreement are placed back in their respective positions as if no agreement or abandonment had been contemplated or implemented. BE IT FURTHER RESOLVED that the City Clerk is hereby requested to cause a certified copy of this Resolution, together with the aforementioned Grant of Easement, to be recorded in the Office of the Orange County Recorder, State of California. ADOPTED this 9th day of July , 1973 . ATTEST: City Clerk TIFIED AS THE ff IGINAL CRY CLERK OF THE CITY OF N FORT BEACH JUL 111973 ®eyE, ____.._.. 1 - 2 - DON ep 7/9/73