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HomeMy WebLinkAbout8728 - Mai Kai Apartments Quitclaim Deed• • • • RESOLUTION NO. 8728 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A QUITCLAIM DEED FOR AN EXISTING 4 -FOOT WIDE STORM DRAIN EASEMENT IN CONNECTION WITH THE CONVERSION OF THE MAI KAI APARTMENTS TO CONDOMINIUMS WHEREAS, the City of Newport Beach owns a 4 -foot wide storm drain easement over that portion of real property more particularly described as follows. and "The southeasterly 4.00 feet of Lot 4, Tract No. 3232, as shown on a map recorded in Book 99, pages 49 and 50 of Miscellaneous Maps, in the office of the County Recorder of Orange County, California." WHEREAS, said storm drain easement was dedicated to the City as part of the original Mai Kai apartment development to be used for possible storm drain relocation should the existing storm drain fail. The Mai Kai apartments were permitted to be built over the existing storm drains; and WHEREAS, as a condition to the approval of Tentative Map No. 8917 (Mai Kai Apartments - Condominium Conversion), the subdivider has agreed to dedicate a 12 -foot wide storm drain easement adjacent to the southeasterly boundary line to be used for possible future storm drain reconstruction should the existing system fail; and WHEREAS, the 4 -foot wide storm drain easement described hereinabove is no longer needed by the City in light of the 12 -foot wide back up storm drain easement which will be dedicated by the subdivider. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach hereby authorizes and directs the Mayor T • • • • and City Clerk to execute a quitclaim deed to The Irvine Company for the 4 -foot wide storm drain easement located along the southeasterly boundary line of the Mai Kai development more particularly described as hereinabove. ADOPTED this 22nd day of ATTEST: I City Clerk CERTW •D AS THE CORIGINAL CITY CLERK OF THE CI O NEWPORT BE March , 1976. DDO /bc 3/22/76