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HomeMy WebLinkAboutC-1369(A) - Removal & remodeling structureCITY OF NEWPORT BEACH TO: FINANCE DIRECTOR FROM: City Clerk SUBJECT: Contract No. 1369 Description of Contract CALIFORNIA City Hall 3300 W. Newport Blvd. Area Code 714 673 -2110 DATE April 28, 1972 for Rsmoml and Remodeling of Authorized by Resolution No. 7685 ,'adopted on April 24, 1972 Effective date of Contract April 25, 1972 Contract with Lily B. Nissen Address P. 0. Box 46483 Hollywood, CA 90046 Amount of Contract 814,135.00 ity fterk , 0 0 cny c �v April 28, 102 M M :• :•. •/ )171- iq •dYil }'� •' '1} • 1 771 =1 li 1 1 1 : « • : • 7! Enclosed is an executed copy of agreement with Lily B. Nissen in MrInecticn with subject project for txw%mittal to Miss Nissan. Jaura Lagios City Claris LL: wk enc. cc: Finanoe w /copy of agreement. Lfl -/36� AGREEMENT THIS AGREEMENT is made and entered into this t r day of A P RI t , 1972, by and between the CITY Of NEWPORT BEACH, a municipal corporation, hereinafter referred to as "City ", and LILY B. NISSEN, hereinafter referred to as "Owner" WITNE S'S ETH: WHEREAS, the undersigned, Lily B. Nissen, an unmarried woman, is the present owner of certain real property in the City of Newport Beach, County of Orange, State of California, legally described as follows: That portion of Lot 8 in Block 145 of Canal Section, in the County of Orange, State of California, as per map recorded in Book 4, page 98 of Miscellaneous Maps, in the office of the County Recorder of said county, together with that portion of Section 29, Township 6 South, Range 10 West, of the San Bernardino Meridian, according to an official plat of said land filed in the district land office, August 4, 1890 described as a whole as follows: Beginning at a point on the easterly line of said Lot 8, North 10039'30" East 17.43 feet from the southeasterly corner of said lot; thence North 1003910" East along said easterly line and its northeasterly prolongation to its intersection with the line of ordinary high tide of the Pacific Ocean in Newport Bay, as described in the decree recorded September 19, 1928 in Book 201, page 253, of Official Records, in the office of the County Recorder of said county, and designated therein "south line "; thence North 74015'21" West 40.15 feet along said south line to the True Point of Beginning; thence North 74015'21" West 40.15 feet along said south line; thence South 10039130" West 94.78 feet parallel with the easterly line of said Lot 8, to the southwesterly line of the land conveyed to Jacton Corporation by deed recorded October 25 1956, in Book 3689, page 556, Official Records; thence South 37613'30" East 53.91 feet along said northeasterly line, to a line parallel with said easterly line of loot 8 that passes through the True Point of Beginning; thence North 10 39'30" East 127.37 feet to the True Point of Beginning. Except from the southerly 25.00 feet of said land, said southerly 25.00 feet being measured at right angles to the northeasterly line of Balboa Boulevard, all oil, gas, and other hydrocarbon substances and minerals of whatsoever nature in, on or under that may be produced from said real property, but not reserving unto the grantor the right of surface entry, as reserved in the deed from the City of Newport Beach to Jacton Corporation, dated October 8, 1956 and recorded October 25, 1956 in Book 3689, page 556, Official Records, in the office of the County Recorder of said county. Said property is more commonly known as 4508 W. Balboa Boulevard, City of Newport Beach, California. WHEREAS, City proposes to widen and improve Balboa Boulevard and will require the acquisition of the 1347.35 square foot parcel of land shown as Parcel 5 on the attached right of way map marked Exhibit "A" and by reference made a part hereof, which portion of Owner's property is adjacent to Balboa Boulevard; NOW, THEREFORE, in consideration of their mutual premises, City and Owner agree as follows: 1. Owner shall remove existing building and plants to a point three (3) feet from the new property line to be established by the acquisition of said Parcel 5, except that portion of the building which is two stories may remain within one foot of the new property line. 2. Owner shall prepare the necessary plans, obtain the required building permits, and pay all fees in connection therewith; 3. Owner shall complete above work within 150 days.,after execution of this agreement; 4. Eleven Thousand Six Hundred Thirty -Five Dollars $11,635.00 is the amount agreed upon for the removal of the building and plants to within three (3) feet of the new property line and for the remodeling of the remaining structure. 5. City shall retain Ten per cent (10 %) of the above agreed settlement for removal and remodeling, or $11163.50 until the building is removed from the aforementioned Parcel 5. 6. It is mutually agreed that if the above described work is not completed within the allotted time, City will remove that portion of the improvements remaining within three feet of the new property line and bill Owner for the cost of such removal. The amount due City as reimbursement will become a lien on the property if not paid within 30 days of billing. • -3- 7. In addition to the settlement described in Section 4, Two Thousand Five Hundred Dollars x$22500:001 , is the amount agreed upon for rent loss during the time required for remodeling 8. In consideration of the performance of the above described removal and remodeling construction, the City agrees to pay to Owner the total, sum of Fourteen Thousand One Hundred Thirty Five Dollars (".14,135.00) , as itemized above, as full compensation and in no event shall said amount paid be greater. However, this agreement does not cover amounts to be paid Owners for property to be taken and for severance damages resulting from this taking. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. APPROVED, AS TO FORM: City `Atto-rhey" " v CITY OF NEWPORT BEACH By: � .. . Mayor ATTEST: LILY B. A ISSEN CITY OWNER s 9J a :9 t rgf Al p �JA 1 O� +A••Qd P y \_ K' o ���w / OR I F ` O Z_ a p ii •, -- .sue ., 1 9 m \ .^ tar k v '.'e.,�y/,,'.�;�'� � • _ RTOSE �..� „° .... 'Fi �pp°7 p \. Y ids, r •+tik :n IQ le I lap; If / Y 8-T T 7-7 �y O 61fM; II I 2 I�_ c .I !� v 0 =s"Ift 7Aa. ' 7 6 s 5 wt3rSaRBU. tbore has been Peastented to the City council of the City of Sawpo]tt Beach a certain contract between the City of xs port, f'eaah and Lily 2. Nissen in eaanoea,tion with the removal of building and plants frog. the portion of brut property 'sing acquired lr the City as part of the Balboa Boulevard wi3ening Pro jeci r and . the City Council has considered the term and Coaditims of said agreement and found them to be lair and puitablei =We TXXRMWZ, BE IT RWO14VSD by the City fancil of the City of Newport Beach that said agreement for the building aA8 plant rOmWal above described is approved. and the Mayor and City Clark are Hereby authorized and directed to wwo is the same on behalf of the City of Vewport Beach. APOPM this 24th clay of l MLJ . 1972 . izF;it' alty UNFE B= 4M 4119173