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HomeMy WebLinkAbout8518 - Lease of City-Owned Property• • RESOLUTION NO. 8518 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ACCEPTING THE PROPOSAL OF THE CARDEN SCHOOL OF CORONA DEL MAR TO LEASE CERTAIN CITY -OWNED PROPERTY LOCATED AT STH AND MARGUERITE, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A LEASE AGREEMENT WHEREAS, the City of Newport Beach owns title to certain property located in Corona del Mar, sometimes referred to as the 5th and Marguerite property; and WHEREAS, located on approximately three acres of said property is a school facility consisting of an administra- tion building and two classrooms; and WHEREAS, the Carden School of Corona del Mar has submitted a proposal to lease said school facilities from the City of Newport Beach; and WHEREAS, the City Council has reviewed the Carden School proposal and finds it to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach hereby accepts the proposal of the Carden School of Corona del Mar to lease the school facilities located on the City -owned property known as 5th and Marguerite (formerly State of California Parcel No. 041339- 01 -01), and the Mayor and City Clerk are hereby authorized and directed to execute a lease agreement on behalf of the City of Newport Beach. ADOPTED this 23rd day of June , 1975. ATTEST: (1�� 1 r y C e k i (PIED AS THE CR, -f G%L.IGl.Lz . ........ ..__. ._ M C6E1111 OF THE CITY OF NEWP g„aCH r DAM ,i � �,� 2 5 1975 DDO /bc 6/17/75