HomeMy WebLinkAboutC-1472(A) - Purchase of property, Police substation facilityCITY OF NEWPORT BEACH
TO: FINANCE DIRECTOR
FROM: City Clerk
SUBJECT: Contract No. 1472
CALIFORNIA
City Hall
3300 W. Newport Blvd,
Area Code 714
673 -2110
DATE April 25, 1973
Description of Contract A�reenent for purchase and sale of Police
Substa on site on JxltOrne Road
Authorized by Resolution No. 7783 , adopted on 8 -21 -72
Effective date of Contract October 23, =972
Contract with The Irvine Canpany
Address 500 Newport Center Drive
Bead- CA 92660
Amount of Contract S198,G95.G0
+ 7 c ty e.c
SAS TIAOO ESCROW CCIMPNY
500 NEWPORT CENTER WIVE - sui -rE 4S5 • NEWPORT EIEWH, CALIFORNIA 92660
PHONE 714-644 -5111
TO City of Newport Beach
3300 Newport Boulevard
Newport Beach, California 92660
Attn: Laura Lagios
L J
DA--E April 17, 1973
RE: Newport Beach Police Facility
Jamboree Road
Our Escrow No. 1651
Enclosed herewith you find an original executed copy
of that Agreement for Purchase and Sale Under
Threat of Eminent Domain dated October 23, 1972.
Thank you.
Marta LaVeau
Escrow Officer
BY
DATE
SIGN ED`�` - _ '
ESCROW NO. 1651 -JM
jq Escrow Receipt i C, 4 5 v
Newport Beach, California
Date Nov. 7, 1972
Received from City of Newport Beach
Bank Name Bank No. Account No.
Check
Check
Cash
Cashier's Check
$ 39,619.00 Union Bank
90 -2688 45500 0011
Above funds to be credited to the account of City of Newport Beach (Police Facility)
and used in accordance with escrow instructions to SANTIAGO ESCROW COMPANY.
FOAM 107 -11 -69
SANTIAGO ESCROW COMPANY
By
v
Margaret Trower
SANTIAGO
ESCROW
500 Newport Center Dr., Suite 455. Newport Beach, Calif. 97660 (714) 644 -5111 COMPANY
To: City of Newport Beach
3300 Newport Blvd. Date: February 7, 1973
Newport Beach, California 92660
We enclose:
i Escrow Statement
) Check #
Escrow No. 1651
payable to your order for S
( X) Policy of Title Insurance No. 387084 for $ 198,095.00 , dated Feb. 1 , 19Z3_
issued by:
1 Note for $
Security Title Insurance
dated
19—, executed by
in favor of
interest adjusted to:
19—.
( ) Insurance policies as follows:
Amount Company Number Expiration date
( ) Other Items:
Recorded documents to which you are entitled will be mailed to you by the County Recorder. Any other documents
to which you are entitled will be sent you as soon as they are available.
COUNTY TAXES ON REAL PROPERTY BECOME DELINQUENT AS FOLLOWS: First Installment after December
10, and Second Installment after the following April 10. If Buyer does not receive a Tax Bill one mon pr to the
delinquency date, a written request for same should be made to the County Tax Collector; inclu egaj de3oriptiQn.
Where Lenders impound funds for payment of taxes they usually secure the tax bill.
Our files indicate the followinq:
A payment of $
A payment of $
116 10 -69
is due on
is due on
Receipt of the above enclosures is hereby acknowledged.
held for collection
held for collection
Very truly yollfs, ;
Santiago Escrow Company
Please return the signed copy of this form to the Sender and retain the other copy. An envelope is enclosed
for your convenience.
ESCROW STATEMENT 1* •
RE: POLICE FACILITY SITE
500 Newport Center Dr., Suite 455 Newport Beach, Calif. 92660 (714) 644 -5111
Statement of CITY OF NEWPORT BEACH
Escrow Number
Date
February 1, 1973
SANTIAGO
ESCROW
COMPANY
LOT: TRACT:
Recorded: February 1, 1973
ITEMS
DEBITS
CREDITS
_
CONSIDERATION: Sale ( X) Loan ( )
198.095
00
Deposited
41,792
08
Paid Outside of Escrow
Trust Deed in favor of
Trust Deed in favor of Seller
Unsecured Note
Balance of Encumbrance of Record
_1_58 476_00
ADJUSTMENTS:
Interest on $ @ % from to
Taxes $ 4,239.80 for 12 Months from 2/1/73 to 7/1/73
Insurance $ , Premium yr /s from to
Community Assn. @ $ from to
Rents $ Per from to
Impounded Funds Held By Lender
PAID TO TITLE COMPANY:
Title Policy
654
75
654
75
Documentary Stamps On Deed
Exe
t
Recording: Deed ( ) Trust Deed ( ) Reconve ance ( ),
Exer
Lo t
_
Title Polic 25,000 liability)
l
I
Commission
Escrow Fee
91S
nn
Drawing Documents
Notary Fees
Insurance Endorsements
Service Fee: Beneficiary's Statement ( ) Demand ( 1 New Loan ( )
LENDER'S LOAN CHARGES:
Loan Fee $ , Appraisal Fee $ , Tax Service $
Interest @ % from to
Lender's Forwarding Fee — Beneficiary's Statement
PAYMENT OF ENCUMBRANCES:
Demand of Principal $
Interest @ % from to $
_
Reconveyance Fee $
Prepayment Charge $
Forwarding Fee _ $_
I
6 ff 75
16r,5 0
Our Check To Balance 2 : F. U U
TOTALS 2 0 0.9 2 2,8 3 ;M
200,922 183
200,922
83
1 1 0 10 -69
41.702,E
15845F.,i(i
6t 4.75
J
2 0 0.9 2 2 8 3
AGREEMENT FOR PURCHASE AND SALE
UNDER THREAT OF EMINENT DOMAIN
�7 THIS AGREEMENT FOR PURCHASE AND SALE made as of this
�c day of 1972, by and between the CITY OF
NEWPORT BEACH, a municipal corporation, hereinafter referred to
as "Buyer ", and THE IRVINE COMPANY, a West Virginia corporation,
hereinafter referred to as "Seller ":
RECITALS
Seller is the owner of certain real property as described
on Exhibit "A" attached hereto and made a part hereof by this
reference. Buyer wishes to acquire said property as a site for
a police facility, and to this end has adopted a resolution
authorizing the exercise of the power of eminent domain for its
acquisition. The parties hereto mutually desire to provide for
the purchase and sale of said property upon mutually acceptable
terms to avoid necessity of an action in eminent domain.
An_DL'F mvvm
1. Seller hereby agrees to sell to Buyer, and Buyer
hereby agrees to buy from Seller, that certain parcel of real pro-
perty located in the State of California, County of Orange, City
of Newport Beach, more particularly described in the attached legal
description marked Exhibit "A" and incorporated herein by this
reference, and as delineated on Exhibit "B ", attached hereto and
incorporated herein by this reference.
2. Seller agrees to allow Buyer a credit against the
purchase price for the subject property in the amount expended by
Buyer to obtain a standard CLTA Owners Title Insurance Policy
insuring the City as vestee. Conveyance shall be subject to the
following:
(a)
Real property taxes for
the fiscal year
1972 -73;
(b)
Covenants, conditions,
restrictions and
public
utility easements of record as of the date of said deed;
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(c) Reservation in favor of Seller and its
successors and assigns of all oil, gas, petroleum and other hydro-
carbon substances in and under the option property, together with
all necessary and convenient rights to explore for, develop,
produce, extract and take the same, subject to the express limita-
tion that any and all operations for the exploration, development,
production, extraction and taking of any of said substances shall
be carried on at levels below the depth of five hundred (500) feet
from the surface of said land by means of wells, derrick and /or
other equipment from surface locations on adjoining or neighboring
land, and subject further to the express limitation that the
foregoing reservation shall in no way be interpreted to include
any right of entry in and upon the surface of the land hereinabove
described. It is understood by the parties that the above stated
reservation is expressly subject to all restrictions and regula-
tions concerning the drilling for and production of oil, gas,
petroleum, and other hydrocarbon substances, which are contained
in the City Charter or the municipal ordinances of the City of
Newport Beach;
(d) If at any time within twenty -five (25) years
from the date of the deed, Buyer shall propose to sell or lease all
or any portion of the subject property, whether voluntarily.or by
eminent domain, Seller shall have the option to purchase the
property to be sold, at the original purchase price, prorated on
an acreage basis in the event of a proposed sale or lease of only
a portion of the subject property. Buyer shall notify Seller in
writing of its intent to make bona fide sale or lease, precisely
describing the parcel to be sold or leased, and Seller shall have
thirty (30) days in which to notify Buyer if it wishes to exercise
its option. If Seller shall exercise said option, an escrow for
the purchase shall be opened within five (5) days which escrow
shall have the term thirty (30) days. Buyer shall convey title to
Seller subject only to those matters of record as of the date of
the deed and subsequent matters to which Seller shall have given
its consent. The parties shall each pay one -half (1/2) the cost
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• i
of escrow, and Buyer shall pay for a CLTA Owners Policy of Title
Insurance and documentary tax stamps, if required;
(e) The Agreement for Purchase and Sale under Threat
of Eminent Domain, dated September 15, 1969, between Buyer and
Seller, for the conveyance of land to be used by Buyer as the
location of a municipal center is rescinded, and Buyer agrees to
reconvey said municipal center property to Seller upon close of
escrow for the police facility, and Seller agrees to cancel the Pro-
missory Note dated September 15, 1969, in the amount of $1,834,500.00.
Buyer further agrees to obtain, at his sole expense, a standard CLTA
Owners Title Insurance Policy insuring the Seller as Vestee.
Conveyance shall be subject to covenants, conditions, restrictions
and public utility easements of record as of the date of said Deed.
The close of escrow on the police facility transaction is subject
to the approval by Seller of the preliminary title report on said
municipal center property. If Seller does not approve the pre-
liminary title report, then subject transaction may be terminated
at Seller's option.
3. The purchase price for the subject property shall
be One Hundred Ninety -Eight Thousand Ninety -Five and no /100 Dollars
($198,095.00) payable as follows:
(a) Buyer will deposit one -fifth (1/5) of the total
purchase price into escrow which will pass to Seller upon the
close of escrow;
(b) Buyer will execute an unsecured promissory note
for the balance of the purchase price, to be paid in four equal
installments over the four subsequent years to begin the year next
following the close of escrow, plus interest on the unpaid balance
at the rate of 5% per year;
(c) A special account shall be set aside by Buyer, out
of which the installment payments will be made. Buyer agrees to
fund the special account with adequate sums of money from the rentals
received from the Balboa Bay Club lease, and to annually transfer
each installment from the monies held in the special account to
Seller, until such time as the full amount of the principal and
interest on the note is paid.
(d) Buyer shall deliver said note to Sen., y `N� : -3- AR E
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executed at the time that Seller shall deliver to Buyer the deed.
It is mutually agreed by the parties hereto that if Buyer shall
not pay any said installment upon the due date thereof, Seller
shall have the election to enforce payment of the note or may, at
its sole option, exercised within 90 days after default, elect to
require Buyer to reconvey the subject property to Seller.
(e) The obligation of the City under this agreement
to pay Seller the purchase price of said property shall not be a
lien, charge or encumbrance, legal or equitable, on any City
property, or upon any of the income, receipts or other revenues of
the City, other than those specific revenues allocated to the
special account as hereinabove described. It is specifically agreed
by the parties hereto that the purchase price for the subject
property established herein represents the best estimate of the
parties of the fair market value of the subject property as of the
due date of said note, and Buyer hereby specifically stipulates that
said obligation to reconvey shall be specifically enforceable, and
that satisfaction of the subject note shall be deemed fair
consideration for said reconveyance.
4. Taxes on the subject property shall be prorated as
of the date of conveyance. In the event that Seller shall have
prepaid taxes on the subject property, Buyer shall immediately
reimburse Seller for said advance taxes, and shall be solely
responsible for obtaining any refund of taxes under Revenue Code
Section 5096.7, or any other applicable section. Buyer shall take
all necessary action pursuant to the Revalue and Taxation Code
to cause the subject property to be removed from the property tax
rolls.
5. It is mutually agreed that, upon payment of the
following sums, plus interest, the obligation of Buyer to reconvey
under Paragraph 3 shall be terminated:
Close of Escrow:
lst Year:
2nd Year:
3rd Year:
4th Year:
WIE
$39,619.00
$39,619.00
$39,619.00
$39,619.00
$39.619.00
$198,095.00
E R
6. Seller agrees to construct the proposed 30 -foot
wide private drive running along the southeasterly side of
subject property, shown as Proposed Vehicular Access Easement
on Exhibit "B ", prior to the occupancy of the police facility;
and Buyer agrees that if it uses said private drive to gain access
to subject property, it shall pay to Seller its prorata share of
the cost of maintenance of said private drive; Seller also agrees to
landscape and maintain the corner quadrant reserved for such
purposes, in accordance with the Newport Center development criteria.
With these exceptions, Buyer agrees to accept subject property in
an as -is condition, and further agrees that Seller has no further
obligations in matters of acreage charges and /or connection fees.
7. Seller shall retain an easement for private road
purposes over the southeasterly 15.00 feet of subject property,
shown on Exhibit "B" as Reservation No. 1, which Buyer shall have
a non - exclusive right to use for the purpose of ingress and egress
to and from subject property. Seller shall also retain an
easement for landscaping purposes over that portion of subject
property so indicated on Exhibit "B" as Reservation No. 3 and as
described in Exhibit "A ".
8. Seller, its successors and assigns, for a period
of twenty -five (25) years from the date of the deed shall have the
right to approve the exterior design of all improvements to be
constructed upon the premises. Buyer shall supply to Seller for
its approval two complete sets of construction plans and specifica-
tions for the exterior of said improvements and adjoining areas
to be landscaped, prepared by a licensed architect or licensed
engineer, including but not limited to grading and drainage plans
and soils report, a plot plan showing the proposed location of
said improvements, all utilities and service connections and all
places of ingress and egress to public streets and roads and plans
for outdoor signs and lighting. Seller shall approve said plans
within thirty (30) days from the receipt thereof by returning
one set of plans to Buyer with its approval indicated thereon,
or shall notify Buyer within thirty (30) days from receipt of said
1 T
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plans of the reasons for its disapproval. However, Seller shall
not unreasonably withhold its consent. Upon completion of said
improvements and within one hundred eighty (180) days from the
final inspection by the local municipality, all landscaping
proposed with the approved construction plans must be m mpleted.
During said twenty -five (25) year period no structure
or other improvement, the plans, specifications and proposed
location of which have not first received the written approval of
Seller or which does not comply with such plans, specifications and
locations, shall be constructed and maintained on the land. No
material addition to or alteration of any building or structure
erected on the premises shall be commenced unless and until plans
and specifications covering the exterior of the proposed addition
or alteration shall have been first submitted to and approved by
Seller in the manner above provided. The approval of Seller of
any plans and specifications refers only to the conformity of such
plans and specifications to the general architectural plan for the
premises and the neighboring lands; such approval of plans and
specifications assumes no liability or responsibility therefor or
for any defect in any structure constructed from such plans and
specifications.
9. Buyer agrees that it will reserve certain areas on
the subject property to be devoted to such uses and in such manner
as hereinafter in this paragraph set forth and on which no
structures will be built, and further that such reservation shall
be binding upon Buyer's successors in interest. Said areas and
uses shall be as follows: For the full length of the southeasterly
side of subject property beginning at the edge of the easement
for private roadway purposes reserved in Paragraph 7 above and
extending inward toward the center of subject property an area of
eighteen feet (181) in width shall be devoted to landscaping and
sidewalks.
IN WITNESS WHEREOF, the parties hereto have executed
00-7 -6-
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this Agreement as of the date first above written.
CITY OF NEWPORT BEACH
l�
APP D AS TO QpfM: Mayor
ATTEST:
City Attorney' �� j, l , _
ta-
City Clerk
Buyer
THE IRVINE COMPANY,
By:
�
Title: VICE PRESIDENT
,NL U UMW ASSISTANT SECRETARY
Seller
SEAL
DON:mh
9/19/72
-7-
LEGAL DESCRIDTION
R parcel of land in the City of Newport Beach, County of
Orange, State of California, located in Block 55 of Irvine's
Subdivision as per map filed in Book 1, Page 88 of Miscellaneous
Record Maps, Records of said County, said parcel being
described as follows:
Beginning at the intersection of the center line of
Jamboree Road (132 feet in width) with the center line of
Santa Barbara Drive (101 feet in width) as per map recorded.
in Book 31, Page 35 of Parcel Maps of said County; thence
north 430 30' 31" east along said center line of Jamboree
Road 348.85 feet; thence south 460 29' 29" east 66.00 feet
to a point in the southeasterly line of said Jamboree Road,
said point being the TRUE POINT OF BEGINNING; thence south
46C'29' 29" east 524.50 -feet to a point in a curve that is
the northwesterly line of a proposed vehicular access ease-
ment (30 feet in width); thence south 580 37' 11" east along
a line radial to the center line of said curve a distance of
15.00 feet to the center line of said proposed vehicular
access easement, said last mentioned center line being a
curve with a radius of 500 feet and being concave northwesterly;
thence south „esterly along said last mentioned curve through
a central angle of 150 26' 57” an arc distance of 134.81 feet,
more or less, to a point that is the most easterly corner of
_ Parcel No. 1 shown. on said map recorded in Book 31, Page 35 of
said Parcel Maps; thence north 43o 10' 14" west 15.00 feet
along a line radial to said last mentioned curve to the
north
resterly line of said proposed vehicular access easement;
thence north 460 29' 29" '.rest 264.59 feet to the most
northerly corner OT Salo. last mentioned Parcel No. 1; thence
-south 43030' 31" vrest 184.51 feet to a point in the north-
easterly line of said Santa Barbara Drive; thence south
56030' 31" west along a line that is radial to the center
line of said Santa Barbara Drive 50.50 feet to said center
line of Santa Barbara Drive; thence northwesterly along
said center line of Santa Barbara Drive and following the
same through all of its various curves and courses to the
southeasterly line of said Jamboree Road; thence north
43030'. 31" east along said southeasterly line of Jamboree
Road to the TRUE POINT OF BEGINNING•
RESERVATION NO, 1
Beginning at a point in a curve that is the north- ,
westerly line of said proposed Vehicular access drive,
said last mentioned point being located south 46029' 29" east
524.50 feet from -said TRUE POINT OF BEGINNING; thence south
580 37' 11" east along a line radial to the center line of
said curve a distance of 15.60 feet to the center line of
said proposed vehicular accoss ease ;gent, said last mentirned
t
center line being a curve concave to the north;iest with .a
radius of 500 feet; thence scutir,resterly along said last
.mentioned curve through a central angle of 15026' 57" an
arc distance of 134.Si feet more or less to a point that is
the most easterly corner of Parcel No. 1 shown on the
map recorded in Book 31, Pace 35 of said Parcel !aps; thence N, r
. north 43o 10' l west 15.00 feet along a lino radial to z
said last r.,.entic ec curve to the northwesterly line of �•
said proposed v :r;cJiar access easement, said last mentioned F
north.;esz,arly , ine Zeing a cur... conc:rve to the nort;-,•,;est ,
with a ratios of 435 :eet; :hecce northeasterly al � r
last r..e .;i ..e:, curve ti;r con -e 15 v5' ^7" to j
tral angi or y
the point of :.egln..in-1 FR E
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RESERVATION NO. 2
Beginning at the intersection of the southeasterly line
of said Jamboree Road ;with the center line of said Santa
Barbara Drive; thence northeasterly along said southeasterly
line of Jamboree Road 75.50 feet to the beginning of a tangent
curve that is concave easterly and has a radius of 25.00 feet;
thence southwesterly, southerly and southeasterly along said
curve through a central angle of 900 00' 00" to the tangent
northeasterly line of Santa Barbara Drive; thence south-
easterly along said northeasterly line of Santa Barbara
Drive and following the same through all of its various
courses and curves to the northwesterly line of Parcel
No. l shown on the map recorded in Book 31, Page 35 of said
Parcel Maps; thence south 56 030' 31" west along aline
radial to the center line of said Santa Barbara drive 50.50
feet to the center line of said Santa Barbara Drive;. thence
northwesterly along the center line of said Santa Barbara
Drive to the point of beginning.
RESERVATION N0, 3
Beginning at a point in the northeasterly line of Santa
Barbara Drive, said point being located south 460 29' 29"
east 158.05 feet and north 430 30' 31" east 50.50 feet from
the intersection of the center line of Jamboree Road with
the center line of said Santa Barbara Drive, said last mentioned
point being the beginning of a non - tangent curve that is
concave westerly and has a radius of 147.00 feet and whose
center is located south 460 29' 29" east 20.00 feet from
said last mentioned intersection; thence northerly along
said last mentioned curve to the southeasterly line of said
.Jamboree Road; thence southwesterly along said southeasterly
line of Jamboree Road 64.12 feet to the beginning of a
tangent curve that is concave to the east and has a radius
of 25.00 feet; thence southerly along said last mentioned
tangent curve through a central angle of 900 00' 00"
to the tangent northeasterly line of said Santa Barbara
Drive; thence south 46 29' 29" east thereon to the point
of beginning.
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EXHIBIT "B”
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City Clerk
City Attorney
City Clerk
Police Substation Facility
October 31, 1972
Attached is the original of Promissory Note - Installment to The Irvine
Company in the amount of $158, 476. 00, as authorised by Resolution No.
7783, for transmittal to the escrow holder, Santiago Escrow Co. Please
note that no dates have been filled in.
dg
Att.
PROMISSORY NOTE - INSTALLMENT
(Unsecured)
$158,476.00
1972
IN INSTALLMENTS, as hereinafter set forth, the undersigned
promises to pay to THE IRVINE. COMPANY, a West Virginia corporation, or
order, at 550 Newport Center Drive, Newport Beach, California, the sum
of One Hundred Fifty -Eight Thousand Four Hundred and Seventy -Six and
no /100 Dollars ($158,476.00) plus interest from date at the rate of
five per cent (5 %) per annum until paid. Principal and interest shall
be payable in installments as follows:
(a) $39,619.00 plus $7,923.80 interest on
(b) $39,619.00 plus $5,942.85 interest on
1973;
1974;
(c)
$39,619.00
plus
$3,961.90
interest on
1975;
(d)
$39,619.00
plus
$1,980.95
interest on
1976.
Should interest not be so paid, it shall thereafter bear like interest
as the principal, but such unpaid interest so compounded shall not
exceed an amount equal to simple interest on the unpaid principal at
the maximum rate permitted by law. Should default be made in payment
of interest when due, the whole sum of principal and interest due as of
the date of default shall become immediately due at the option of the
holder of this note. Principal and interest payable in lawful money of
the United States. If action be instituted on this note, the under-
signed promises to pay such sum as the court may fix as attorneys' fees.
This note shall be payable only from the proceeds of that certain
special account to be established by the City of Newport Beach pursuant
to the terms of the agreement between the City and The Irvine Company,
entitled "Agreement for Purchase and Sale Under Threat of Eminent
Domain ", dated , 1972, and this note shall not be
deemed to pledge the general credit of the City, nor shall it create,
or be used as a basis for creating, a lien, charge, or encumbrance,
legal or equitable, on any City property, or upon any of the income,
receipts or other revenues of the City, other than those specific
revenues derived from the special fund established by the City as
described above.
CITY OF NEWPORT BEACH
By: 6.t�6iC Gam.
Mayor
ATTEST:
City Clerk
STATE OF CALIFORNIA ) SS
County of Orange )
On (L-c = ?� 1972, before me, the undersigned, a
Notary Public in and for said State, personally appeared DONALD A. McINNIS,
known to me to be the Mayor, and LAURA LAGIOS, known to me to be the
City Clerk of the municipal corporation that executed the within
instrument, known to me to be the persons who executed the with:i.n
instrument on behalf of the municipal corporation therein named, and
acknowledged to me that such municipal corporation executed the within
instrument pursuant to a resolution of its City Council.
WITNESS my hand and official seal.
Notary Public and for said State
' Escrow Number
ESCROW INSTRUCTIONO 0 3-65' -JM _-
Date
SELLER AND BUYER � R,S COPY Q=-er 25.12
�� SANTIAGO
_ ESCROW
500 Newport Center Dr., Suite 455, Newport Beach, Calif. 92660 (714) 644 -5111 0M PAN Y
SELLER THE IRVINE COMPANY BUYER CITY OF NEWPORT BEACH
Escrow Agent is hereby instructed that for a total consideration of $ 198,095.00 and on or before
the closing date of December 1, 1972
1. SELLER will hand you Deed /AV411m3:ttitv:L cunveying title to the subject property of this escrow in favor
of vestee named herein, and all other documents and monies required of seller to enable you to comply with
these instructions; and
n.
BUYER will hand you $ 't9 619.00_. cash through escrow and S 158.476.00 loan(s)
being obtained by buyer; the balance, if any, of $ None has been paid to seller outside of escrow;
and all other documents and monies required of buyer to enable you to comply with these instructions;
which you are authorized to use, record, and /or deliver when you hold for the account of
3. SELLER: The sum of $ 39.619.00 cash (including $ __: gee acknowledged as paid
outside of escrow), together with those other amounts credited to seller according to these instructions,
and less those amounts chargeable to seller according to these instructions, and the documents, if any,
deliverable to seller according to the instructions below; and for
4. BUYER: The documents and /or monies credited to buyer according to the instructions below; and
provided instruments have been filed for record entitling you to procure a CLTA Owner's policy of title
insurance with a liability in the amount of the total consideration shown above on real property in the County
of nrangP , State of California, described as:
Legal Description as shown on Exhibit A attached hereto and made a part hereof,
being referred to as "Jamboree Road Police Facility site ".
and showing FEE title
vested in the following VESTEE: CITY OF
NEWPORT `!.:EACH,
a municipal
corporation.
SUBJECT ONLY TO:
1101; general and special taxes for
the fiscal year
19 72 - 19_.73
Covenants, conditions, reservations, restrictions, rights, rights
of way and easements now
of record, if any.
Additional covenants, conditions, and
reservations
as shown on the copy of
Corporation
Grant Deed attached hereto and made a
part hereof,
referred to as "Exhibit
A ".
This escrow is for the purpose of carrying out the terms of an "AGREEMENT FOR PURCHASE
AND SALE UNDER THREAT OF EMINENT DOMAIN" dated October 23, 1972, between BUYER and SELLER
herein.
$ Tax exempt in Documentary tax is the proper
amount to be affixed to seller's deed and charged
to �4b *%XX &YjY1X BUYER'S account
MAIL DEED to: City of Newport Beach,
3300 Newport Blvd., Newport Beach, Ca.92660
MAIL TAX STATEMENT to:
Tax exempt.
(Instructions continued on page 3 attached
hereto and made a part hereof)
CONSIDERATION MEMO
Paid outside of escrow S _
Cash through escrow $ _ 39,619;00
Encumbrance of Record $
New Encumbrance $ 158,475— n1._ —._
$
TOTAL CONSIDERATION $ 1995,095.00______
Each party signing these instructions has read the additional escrow conditions and instructions on the rF.ers-
side hereof and approves, accepts and agrees to be bound thereby as though the reverse side hereof aPl, -arec;
over their signatures. The undersigned seller a':d buyer acknowledge receipt of a copy of tllese mstrictons.
SELLER'S SiG'•: ATUF.E, Address & Telephone
THE IRVINE CO TANY
By :-
BUYER'S :!GNAT URE, Address & Teiephon2
Mayor
500 Newport center Drive. Newport Beach, C,e. 3300 Newport ,h.;d., ;e1•p rt Sea t,TC.a. 526.0
Att: Ron Stone,. L,&rrLand Sales_-- �.__.— _�t.S..;___F!c_Llg;a_ 'Nwi1, Gi; _t1 :>rcte•;
(714) 64 4- 3392
Poem 1001 70 Pepe 1 of —3
(71 -4) 673 - 211.0
ADDITIONAL ESCROW CONDITIONS AND INSTRUCTIONS:
Both the seller and buyer will pay upon demand, regardless of the consummation of this escrow, all charges incurred
by you for them, including your escrow fees. Unless otherwise provided therein, SELLER will pay title charge, fee
for preparation of instruments executed by him, recording fees on any documents necessary on his part to complete
this escrow, and seller's escrow fee. BUYE R, unless otherwise provided herein, will pay fee for preparation of instru-
ments executed by him, recording fees on conveyance documents and any other documents necessary on his part to
complete this escrow, buyer's escrow fee and all charges and expenses in connection with loan, if any, obtained by
him. YOU WILL INSTRUCT THE TITLE INSURANCE COMPANY TO BEGIN SEARCH OF TITLE AT ONCE.
2. Pay at close of escrow, from SELLER'S funds, any demands for reconveyance, releases or satisfactions of any
encumbrances of record and any bonds or taxes, payment, and /or release which are necessary to place title in
condition to close this escrow, and pay a commission in accordance with the instructions contained in a separate
commission order.
3. Make all adjustments (pro-rations) on the basis of a 30 day month. "Close of escrow" is the day that the conveyance
called for in this escrow is recorded and /or filed in the County Recorder's office.
4. When taxes are to be adjusted as called for above, the adjustment is to be made based on the latest tax figures avail-
able to you. Taxes shall include personal property taxes of the former owner, if any, and also include any special
district levies, payment of which are included therein and collected therewith, and any taxes and assessments levied
or assessed subsequent to date of these instructions.
5. Execute on behalf of the parties hereto, assignments of interest in any fire insurance policies handed you and for-
ward them upon close of escrow to the proper parties or agent. In all acts in this escrow relating to fire insurance,
including adjustments, if any, you shall be fully protected in assuming that each such policy is in force and that the
necessary premium therefor has been paid.
6. In the event that the principal amount of encumbrances of record is different than shown in consideration memo
found above, the sale price is to remain the same and you are to adjust the cash through escrow accordingly unless
you are instructed to the contrary herein. You are to charge buyer and credit seller the amount shown on benefici-
ary's statement as an impound account for future payments.
7. The parties to this escrow have entered into these instructions for the purpose of completing the sale and purchase
of the herein described real property on the terms and conditions set forth in these instructions. The instructions are
not intended to cancel or supersede any agreements between the parties entered into outside of these instructions.
8. In the event of a failure of a performance or condition to be complied with in a stated period of time, or on or
before a stated date, or in the event these instructions are not complied with on or before the date shown on page 1,
either party may give you a written demand to cancel, otherwise complete this escrow as soon as possible. In the
event such demand is signed by less than all of the parties hereto, you are to withhold all documents and proceeds
until ten days after you have mailed a copy of said demand to the non - signing parties and their agent, if any, at the
respective addresses shown herein.
9. In the event conflicting demands are made or notices served upon you with respect to this escrow, the parties hereto
expressly agree that you shall have the absolute right at your election to do either or both of the following:
(a) Withhold and stop all further proceedings in, and performance of, this escrow, or (b) File a suit in interpleader
and obtain an order from the court requiring the parties to interplead and litigate in such court their several claims
and rights amongst themselves. In the event such interpleader is brought, you shall ipso facto be fully released and
discharged from all obligations to further perform any and all duties or obligations imposed upon you in this escrow,
and the parties jointly and severally agree to pay you all costs, expenses, and reasonable attorney's fees expended or
incurred by you, the amount to be fixed and a judgment thereon to be rendered by the court in such a suit.
10. In the event it may be necessary or proper in order to comply with the conditions and instructions of this escrow,
you are authorized to (a) Cause to be deposited, during the pendency of this escrow, any funds or documents with
any bank, savings and loan association, or title company, to be credited to the account of SANTIAGO ESCROW
COMPANY, as required to complete this escrow, and (b) Furnish to any broker hereunder or any lender, or anyone
acting on behalf of the lender, any information concerning this escrow, including among other things certified copies
of all escrow instructions and any amendments thereto and copies of final closing statements upon request.
11. MISCELLANEOUS INSTRUCTIONS
(a) Make all disbursements by your check.
(b) These instructions may be executed in counterparts, each of which so executed shall, irrespective of the date
of its execution and delivery, be deemed an original and such counterparts together shall constitute one and
the same instrument.
(c) Any amended, supplemental or additional instructions given in connection with this escrow shall be subject
to the conditions contained herein.
(d) In these instructions, whenever the context so requires, the masculine gender includes the feminine and /or
neuter, and the singular number includes the plural.
12. It is understood that Santiago Escrow Company is a subsidiary of the Irvine Company.
FORM 100-1-70? page 2
Escrow Number
1651 -JM
ESCROW INSTRUCTIONS Date
SUPPLEMENTAL PAGE October 25, 1972
Property: Jamboree Road Police Facility site.
500 Newport Center Dr., Suite 455, Newport Beach, Calif. 92660 (714) 644 -5111
(Instructions continued from page one)
SANTIAGO
ESCROW
COMPANY
5. You are instructed to charge SELLER and credit BUYER in the amount BUYER is
charged for a standard CLTA Owners title insurance policy insuring the City
of Newport Beach in the amount of the purchase price.
6. Recording of the conveyance on the property covered in this escrow is contingent
upon concurrent recording of a conveyance from the BUYER herein to SELLER herein
on property referred to as "municipal center property" and described on the
attached "Exhibit B ". SELLER herein must approve the preliminary title report
on the said "municipal center property" prior to recording of the conveyance
of same. BUYER herein will pay all charges to obtain a standard CLTA policy of
title insurance insuring SELLER herein as Vestee. The consideration to BUYER
herein for this conveyance is cancellation of a Promissory Note dated September
15, 1969 in the amount of $1,834,500.00. Said Promissory Note will be placed
into this escrow for delivery to BUYER herein at close of escrow.
7. The loan on the property covered in this escrow, as referred to in Item 2 on
page one, shall be in the form of an unsecured Promissory Note in the amount of
$158,476.00, the terms of which are specifically set forth in the "AGREEMENT FOR
PURCHASE AND SALE UNDER THREAT OF EMINENT DOMAN" dated October 23, 1972, between
BUYER and SELLER herein. Escrow holder is instructed to date said Promissory
Note the date of recording of the conveyance of the property, and to further
date the payment due dates the second, third, fourth and fifth annual successive
anniversary dates after recording of the conveyance.
8. Pro -rate real property taxes as of the close of escrow.
The foregoing terms, conditions, provisions and instructions have been read and are understood and agreed to
by each of the undersigned.
THE UNDERSIGNED SELLERS AND BUYERS ACKNOWLEDGE RECEIPT OF A COPY OF THESE
INSTRUCTIONS.
SELLER'S SIGNATURE
BUYER'S SIGNATURE
THE IRVINE COMPANY _CT Y OF NRWPDRT_BFACH
By:
105 10 .55 Page No.
City of Newport Beach
' AND WHEN RECORDED MAIL 10
TO 406 CA [7.681
SPACE ABOVE THIS LINE FOR RECORDER'S USE
1 Corporation Grant Deed I
THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY
D.T.T. S
.1
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
THE IRVINE COMPANY
a corporation organized under the laws of the state of West Virginia
hereby GRANTS to THE CITY OF NEWPORT BEACH, a municipal corporation,
the following described real property in the City of Newport Beach
County of Orange State of California:
All right, title and interest in and to the real property described
by Exhibit "A" attached hereto; SUBJECT to the covenants, conditions,
restrictions and other matters on Exhibit "BI' attached hereto.
:;
In NN'itncss N\'hereof, said corporation has caused its corporate name and seal to be affixed hereto and this instru.
rnent to be executed by its President and Secretary
thereunto du1Y authorized.
Dated: THE IRVINE COMPANY
STATE OF CALIFORNIA S 13Y .
S
COUNTY OF
On before me, the under- By
signed, a Nor,ry 1'u bli< in and 6.r said Sate. per -onalh' appeared
known
to me to be the Pre,idcnt. and
known to nip to be
Secretary of the G,rporanwn that e,eruted the
within In.truitot, known 1" Ue b, he dw per -ant- who III,
within ln-tt'um,ot .n hehalf nI the r..aporeti..n therein orned. and
ark nom lydgrd n, me tiidl -uAi C: rv,rati�m r\e,uted th, withlo In -tot
Unfit pur -uant tij it, by la,,: or u rr:vlta ttm of its Loard �4 din•non.
11 my hand nod wlicial seal.
si; nature
Name tl)p.-d or I'tiwrdt
Vice President
Assistant
m.k M a nn ..m ul n.: ,.•,1 ,.,b
Secretary
City
N...
of Newport Beach
sTr.El
3300 Newport Blvd.
AEdriU
Newport Beach, Calif.
CITY s
s' °tE
Ltten :Dennis O'Neil
�J
1r MAIL TAX n n ATEMIN TO
1
Aldnu
Tax Exempt
city a
V.I.
L
J
TO 406 CA [7.681
SPACE ABOVE THIS LINE FOR RECORDER'S USE
1 Corporation Grant Deed I
THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY
D.T.T. S
.1
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
THE IRVINE COMPANY
a corporation organized under the laws of the state of West Virginia
hereby GRANTS to THE CITY OF NEWPORT BEACH, a municipal corporation,
the following described real property in the City of Newport Beach
County of Orange State of California:
All right, title and interest in and to the real property described
by Exhibit "A" attached hereto; SUBJECT to the covenants, conditions,
restrictions and other matters on Exhibit "BI' attached hereto.
:;
In NN'itncss N\'hereof, said corporation has caused its corporate name and seal to be affixed hereto and this instru.
rnent to be executed by its President and Secretary
thereunto du1Y authorized.
Dated: THE IRVINE COMPANY
STATE OF CALIFORNIA S 13Y .
S
COUNTY OF
On before me, the under- By
signed, a Nor,ry 1'u bli< in and 6.r said Sate. per -onalh' appeared
known
to me to be the Pre,idcnt. and
known to nip to be
Secretary of the G,rporanwn that e,eruted the
within In.truitot, known 1" Ue b, he dw per -ant- who III,
within ln-tt'um,ot .n hehalf nI the r..aporeti..n therein orned. and
ark nom lydgrd n, me tiidl -uAi C: rv,rati�m r\e,uted th, withlo In -tot
Unfit pur -uant tij it, by la,,: or u rr:vlta ttm of its Loard �4 din•non.
11 my hand nod wlicial seal.
si; nature
Name tl)p.-d or I'tiwrdt
Vice President
Assistant
m.k M a nn ..m ul n.: ,.•,1 ,.,b
Secretary
NEWPORT CENTER POLICE FACILITY
That portion of Block 55 of Irvine's Subdivision, in
the City of Newport Beach, County of Orange, State of Cali-
fornia, as per map filed in Book 1, Page 88 of Miscellaneous
Record Maps in the office of the County Recorder of said
County, described as follows:
Beginning at the intersection of the center line
of Jamboree Road (132 feet in width) with the center
line of Santa Barbara Drive (101 feet in width) as
per map recorded in Book 31, Page 35 of Parcel Maps
of said County; thence north 43 °30'31" east along
said center line of Jamboree Road 348.85 feet; thence
south 46 °29'29" east 66.00 feet to a point in the
southeasterly line of said Jamboree Road, said point
being the TRUE POINT OF BEGINNING; thence south
46 °29'29" east 524.50 feet to a point in a curve that
is the northwesterly line of a proposed vehicular
access easement (30 feet in width); thence south
58 °37'11" east along a line radial to the center line
of said curve a distance of 15.00 feet to the center
line of said proposed vehicular access easement, said
last mentioned center line being a curve with a radius
of 500 feet and being concave northwesterly; thence
southwesterly along said last mentioned curve through
a central angle of 15 °26'57" an arc distance of 134.81
feet, more or less, to a point that is the most easterly
corner of Parcel No. 1 shown on said map recorded in
Book 31, Page 35 of said Parcel Maps;. thence north
43 °10'14" west 15.00 feet along a line radial to said
last mentioned curve to the northwesterly line of said
proposed vehicular access easement; thence north
46 °29'29" west 264.59 feet to the most northerly corner
of said last mentioned Parcel No. 1; thence south
43 °30'31" west 184.51 feet to a point in the north-
easterly line of said Santa Barbara Drive; thence south
56 °30'31" west along a line that is radial to the center
line of said Santa Barbara Drive 50.50 feet to said
center line of Santa Barbara Drive; thence northwesterly
along said center line of Santa Barbara Drive and follow-
ing the same through all of its various curves and courses
,,to the southeasterly line of said Jamboree Road; thence
north 43 °30'31" east along said southeasterly line of
Jamboree Road to the TRUE POINT OF BEGINNING.
1. Reserving to Grantor, its successors and assigns:
(a) All oil, gas, petroleum and other hydrocarbon
substances in and under the-option property, together with all
necessary and convenient rights to explore for, develop, produce
and extract and take the same, subject to the express limitation
that any and all operations for the exploration, development, pro-
duction, extraction and taking of any of said substances shall be
carried on at levels below the depth of five hundred (500) feet
EXHIBIT "A"
Page 1 of 3
from the surf* of said land by means o &ells, derrick and /or
other equipment from surface locations on adjoining or neighbor-
ing land, and subject further to the express limitation that the
foregoing reservation shall in no way be interpreted to include
any right of entry in and upon the surface of the land herein -
above described. -It is understood by the parties that the above
stated reservation is expressly subject to all restrictions and
regulations concerning the drilling for and production of oil,
gas, petroleum and other hydrocarbon substances, which are con-
tained in the City Charter or the municipal ordinances of the
City'of Newport Beach.
(b) An easement for private road purposes over the
southeasterly 15.00 feet of Subject Property described as follows:
Beginning at a point in a curve that is the north-
westerly line of said proposed vehicular access drive,
said last mentioned point being located south 46 °29'29"
east 524.50 feet from said TRUE POINT OF BEGINNING;
thence south 58 °37'11" east along a line radial to the
center line of said curve a distance of 15.00 feet to
the center line of said proposed vehicular access ease-
ment, said last mentioned center line being a curve con-
cave to the northwest with a radius of 500 feet; thence
southwesterly along said last mentioned curve through
a central angle of 15'26'57" an arc distance of 134.81
feet more or less to a point that is the most easterly
corner of Parcel No. 1 shown on the map recorded in
Book 31, Page 35 of said Parcel Maps; thence north
43 °10'14" west 15.00 feet along a line radial to said
last mentioned curve to the northwesterly line of said
proposed vehicular access easement, said last mentioned
northwesterly line being a curve concave to the north-
west with a radius of 485 feet; thence northeasterly
along said last mentioned curve through a central angle
of 15 026'57" to the point of beginning,
and granting to Grantee, its successors and assigns the non-
.;
exclusive right to use such easement for the purpose of ingress
and egress to and from Subject Property.
(c) An easement for landscape purposes and Newport Center
identification cube over that portion of Subject Property described
as follows:
Beginning at a point in the northeasterly line of
Santa Barbara Drive, said point being located south
46 °29'29" east 158.05 feet and north 43030'31" east
50.50 feet from the intersection of the center line
of Jamboree Road with the center line of said Santa
Barbara Drive, said last mentioned point being the be-
ginning of a non - tangent curve that is concave westerly
and has a radius of 147.00 feet and whose center is
located south 46229'29" east 20.00 feet from said last
EXHIBIT "A" Page 2 of 3
mentid0d intersection; thence n -Oherly along said
last mentioned curve to the southeasterly line of
said Jamboree Road; thence southwesterly along said
southeasterly line of Jamboree Road 64.12 feet to
the beginning of a tangent curve that is concave to
the east and has a radius of 25.00 feet; thence
southerly along said last mentioned tangent curve
through a central angle of 90 °00'00" to the tangent
northeasterly line of said Santa Barbara Drive;
thence south 46 °29'29" east thereon to the point of
beginning.
• i'
EXHIBIT "A"
Page 3 of 3
as follows:
1973;
S0ECT TO covenants, Condit 0s and restrictions,
(a) Real Property taxes for the fiscal year.1972-
(b) Covenants, conditions, restrictions and public
utility easements of record as of the date of said deed;
(c) The southwesterly 50.50 feet of Subject Property
shall be used only for public street and highway purposes;
(d) If at any time within twenty -five (25) years
from the date of the deed, Grantee shall propose to voluntarily
sell or lease all or any portion of the Subject,Property, Grantor
shall have the option to purchase the property to be sold or
leased, prorated on an acreage basis in the event of a sale or
lease of only a portion of the Subject Property. Grantee shall
give Grantor written notice of its intent to sell or lease, speci-
fically describing the parcel or parcels to be sold or leased,
and Grantor shall have thirty (30) days in which to notify Grantee
in writing if it wishes to exercise its option. All notices pro-
vided for herein shall be deemed to have been duly given if and
when deposited in the United States mail, properly stamped and
addressed to the party for whom intended at the party's above
listed address, or when delivered personally to such party. 'The
price at which the property or any portion thereof may be re-
purchased by Grantor pursuant to said option shall be the fair
market value at the time of the proposL-d sale, to be determined
as follows: In the event that the parties are unable to agree on
the fair market value of the property to be.repurchased by Grantor,
within thirty (30) days following notice of Grantor's intention
to exercise its option to repurchase, each party shall appoint an
appraiser and shall give the other party written notice of such
appointment. If the respective appraisers are unable to agree on
the purchase price of the property, the two appraisers shall
appoint a third appraiser whose decision as to the fair market
value of the property shall be final and binding on both,parties.
EXHIBIT "B"
Page 1 of 3
If the two appraisers are unable to agreeO
n the appointment
of a third appraiser within ten (10) days after the appointment
of the second appraiser, either party may request the Presiding
Judge of the Orange County Superior Court to appoint a third
appraiser. Each party shall pay the fees of the appraiser ap-
pointed by it or on its behalf, and the fees of the third ap-
praiser shall be divided equally between the parties.
(e) Grantor, its successors and assigns, for a period
of twenty -five (25) years from the date of the deed shall have the
right to approve the exterior design of all improvements to be
constructed upon the premises. Grantee shall supply to Grantor
for its approval two complete sets of construction plans and
specifications for the exterior of said improvements and adjoining
areas to be landscaped, prepared by a licensed architect or
licensed engineer, including but not limited to grading and drain-
age plans and soils report, a plot plan showing the proposed lo-
cation of said improvements, all utilities and service connec-
tions and all places of ingress and egress to public streets and
roads and plans for outdoor signs and lighting. Grantor shall
approve said plans within thirty (30) days from the receipt thereof
by returning one set of plans to Grantee with its approval indi-
cated thereon, or shall notify Grantor within thirty_ (30) days
from receipt of said plans of the reasons for its disapproval.
However, Grantor shall not unreasonably withhold its consent.
Upon completion of said improvements and within one hundred eighty
(180) days from the final inspection by the local municipality,
all landscaping proposed with the approved construction plans must
be completed.
During said twenty -five (25) year period no structure
or other improvement, the plans, specifications and proposed loca-
tion of which have not first received the written approval of
Grantor or which does not comply with such plans, specifications
and locations, shall be constructed and maintained on the land.
No material addition to or alteration of any building or structure
EXHIBIT "B"
Page 2 of 3
erected on th4remises shall be comment *unless and until
plans and specifications covering the exterior of the proposed
addition or alteration shall have been first submitted to and
approved by Grantor in the manner above provided. The approval
by Grantor of any plans and specifications refers only to the
conformity of such plans and specifications to the general archi-
tectural plan for the premises and the neighboring lands; Grantor,
by such approval of plans and specifications, assumes no liability
or responsibility therefor or for any defect in any structure con-
structed from such plans and specifications.
(f) Grantee agrees that it will reserve certain areas
on the Subject Property to be devoted to such uses and in such
manner as hereinafter in this paragraph set forth and on which no
structures will be built, and further that such reservation shall
be binding upon Grantee's successors in interest. Said areas and
uses shall be as follows:
(1) For the full length of the southeasterly
side of Subject Property beginning at the edge of the easement
for private roadway purposes reserved in (b) above and extending
inward toward the center of Subject Property an area of eighteen
feet (18') in width shall be devoted to landscaping and sidewalks;
and
(2) For the full length of the southwesterly side
of Subject Property adjacent to Santa Barbara Drive an area of
twenty feet (20') in width shall be denoted to landscaping only.
It is mutually agreed that access to the site may
be taken across the above reserved areas.
EMIIBIT "B"
Page 3 of 3
LEGAL DESCRIPTION on property referred to as "municipal center property ":
That portion of Block 93 of Irvine's Subdivision in the City of Newport Beach,
County of Orange, State of California, as per map filed in Book 1, page 88 of
Miscellaneous Record Maps in the office of the County Recorder of said County
together with a portion of Tract No. 6015, as per map filed in Book 239, pages 28
through 41 of Miscellaneous Maps in the office of said County Recorder, described
as follows:
Beginning at the Southerly terminus of that certain center line course of Newport
Center Drive shown as "North 12° 59' 27" West 365.00 feet on a map of Tract No. 6015
filed in Book 239, pages 28 through 41 of Miscellaneous Maps in the office of said
County Recorder;thenceNorth 120 59' 27" West 215.36 feet along said center line;
thence North 77° 00' 33" East 93.96 feet to the beginning of a curve concave Southerly
having a radius of 500.00 feet; thence Southeasterly 340.34 feet along said curve
through an angle of 39° 00' 00 "; thence South 63° 59' 27" East 310.06 feet to the
beginning of a curve concave Northeasterly having a radius of 500.00 feet; thence
Southeasterly 205.16 feet along said curve through an angle of 23° 30' 33 "; thence South
87° 30' 00" East 383.69 feet to the beginning of a curve concave Southwesterly having
a radius of 500.00 feet; thence Southeasterly 239.98 feet along said curve through an
angle of 27° 30' 00 "; thence South 60° 00' 00" East 128.42 feet; thence South 30° 00' 00"
West 608.21 feet; thence South 60° 30' 30" West 269.47 feet; thence South 790 38' 12"
West 185.54 feet; thence North 38° 44' 40" West 263.59 feet; thence North 580 17' 58"
West 227.70 feet; thence North 740 30' 14" West 279.52 feet to a point on a non - tangent
curve concave Southwesterly having a radius of 255.00 feet, a radial to said point
bears South 85° 17' 06" East; thence Northwesterly 302.01 feet along said curve through
an angle of 67° 51' 28" to a point on the Easterly right of way of said Newport Center
Drive, said point being on a curve concave Westerly having a radius of 865.00 feet,
a radial to said point bears South 890 40' 06" East thence North 89° 40' 06" West
65.00 feet along said radial to the center line of said Newport Center Drive, said
center line being a curve concave Westerly having a radius 'of 800.00 feet; thence
Northerly 186.02 feet along said curve and center line through an angle 130 19' 21"
to the point of beginning.
Said property is also shown as Parcel 1 on a map thereof recorded in Book 27, page
17 of Parcel Maps, records of said County.
EXHIBIT B to Escrow No. 1651
consisting of one page
CITY ATTORNEY
September 21, 1972
AGREEMENT FOR PURCHASE OF JAMOREE ROAD POLICE FACILITY.
I am returning signed original and two copies of subject
agreement per your request. Please forwad them to
The Irvine Company for final execution and return the fully
executed original for our files.
Laura Lagios
City Clerk
LL swk
enc.
J
CI�Y OF NEWPORT BEACH
MEMORANDUM: From City Attorney
To ...... .... ity._ Clerk . ............................... . SeVtt !M'19 72
Re: Purchase of Jamboree Road Police Facility
Attached are the original and three copies of the Agreement for
Purchase and Sale in connection with the above subject. Because
of the time pressure, would you please have the agreement executed
on behalf of the City tomorrow, and return the original and two
copies to this office no later than Friday morning. We have
arranged for it to be picked up then by Ron Stone of The Irvine
Company, who will in turn immediately obtain the necessary Irvine
Company signatures and proceed to open escrow.
We will request that a completely executed copy be returned to
you for your file.
Reply wanted ❑
Reply not necessary O
nsao DON:mh
Att.
Thanks
BYB y . ... . .............. . . [[. . . . . . . . . . . . . . . . . . . . . . . . _' . . .............
Dennis
RESOLUTION NO. 7 7 S ;',
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN
AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND
THE IRVINE COMPANY FOR THE PURCHASE AND SALE
UNDER THREAT OF EMINENT DOMAIN OF JAMBOREE ROAD
POLICE FACILITY SITE, AND AUTHORIZING RECONVEY-
ANCE OF THE CIVIC CENTER SITE UNDER TERMS OF
AGREEMENT DATED SEPTEMBER 15, 1969
WHEREAS, there has been presented to the City Council
of the City of Newport Beach a certain contract between the City
of Newport Beach and The Irvine Company for the purchase and sale
under threat•of eminent domain of a parcel of property located on
Jamboree Road adjacent to the Jamboree Fire Station, to be used as
a police facility site; and
WHEREAS, under the terms of the said purchase and sale
agreement, the City of Newport Beach agrees to reconvey to The
Irvine Company certain property purchased from The Irvine Company
by an agreement for purchase and sale dated September 15, 1969, to
have been used as a civic center site; and
WHEREAS, the City Council has considered the terms and
conditions of said agreement and found them to be fair and equitable;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Newport Beach that said agreement for purchase and sale of
the police facility site above described is approved, and the Mayor
and City Clerk are hereby authorized and directed to execute the
same on behalf of the City of Newport Beach, together with all
documents necessary to effect the conveyance of said Jamboree Road
police facility site, and the reconveyance of the Civic Center site
as described above. a
ADOPTED this 4*hb day of August, 1972.
ATTEST:
City Clerk
Mayor
DON:mh
8/8/72