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HomeMy WebLinkAbout8883 - State-Owned PropertyRESOLUTION NO. 8883 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ACCEPTING THE OFFER OF THE STATE DEPARTMENT OF TRANSPORTATION TO SELL CERTAIN STATE -OWNED PROPERTY TO THE CITY OF NEWPORT BEACH AND AUTHORIZING THE MAYOR AND CITY CLERK TO ACCEPT A DIRECTOR'S DEED IN CONNECTION THEREWITH (PARCEL NOS. 018188- 01 -02, 027069 -01 -01 AND 027069- 02 -01) WHEREAS, the Department of Transportation of the State of California by its letter dated August 27, 1976, has offered to sell certain state -owned real property to the City of Newport Beach for One Hundred Seventy Thousand Dollars ($170,000.00); and WHEREAS, said parcels are located in West Newport Beach, approximately between Seashore Drive and Neptune Avenue, and is generally described as Department of Transportation Parcel Nos. 018188- 01 -02, 027069 -01 -01 and 027069- 02 -01, more specifically described as: "Lot l..and Lot 2 of Tract No. 4400 and all that portion shown as NOT A PART OF THIS SUBDIVISION, both as shown on map recorded May 24, 1962, in Book 162, page 22 of Miscellaneous Maps, in the office of the County Recorder of said county. EXCEPTING THEREFROM that portion of said Lot 2 and said portion labeled NOT A PART OF THIS SUBDI- VISION within a strip of land 24.00 feet wide, the Northerly line of which is coincident with the Southerly line and its Westerly prolongation of the land described in the deed to the State of California (State Parcel No. 30) recorded April 20, 1936 in Book 822, page 48 of Official Records in said office." WHEREAS, the terms of the sale provide that the City of Newport Beach will remit One Hundred Seventy Thousand Dollars ($170,000.00) at the time the letter agreement with the State of California Department of Transportation is executed and returned to the Department of Transportation, and that thereafter the State will forward to the City a fully executed and recorded Director's Deed; and WHEREAS, the City Council finds that it is in the best interest of the City to enter into the agreement to purchase said parcels which will be used by the general public specifically for parks, recreation and open space; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach hereby accepts the offer of the State Department of Transportation to sell Parcel Nos. 018188- 01 -02, 027069 -01 -01 and 027069 -02 -01 to the City of Newport Beach upon the terms and conditions as set forth in the letter agreement from the Department of Transportation dated August 27, 1976, and by this Resolution which by this reference is made a part of and is hereby incorporated into said letter agreement; BE IT FURTHER RESOLVED that the Mayor and City Clerk are authorized to sign a duplicate copy of said letter agreement and attach thereto a copy of this Resolution, which shall constitute the acceptance by the City of the State's offer to sell said Parcel Nos. 018188- 01 -02, 027069 -01 -01 and 027069 -02 -01 for the appraised value of One Hundred Seventy Thousand Dollars ($170,000.00), subject to the terms as set forth in said letter agreement and this Resolution. BE IT FURTHER RESOLVED that the Mayor and City Clerk are hereby authorized to accept a Director's Deed in connection with the above- referenced property. ADOPTED this 13th day of September , 1976. ATTEST: ity Clerk// i mayor Pro Tem ` CERTIFIED THE ORrANAL ........ - -- - ----- - -- CITY CLERK OF THE CITY Of OV BEACH /// DDO /bc �j 6 9/2/76 f .....r........ / - -- - - - - - -. --