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HomeMy WebLinkAboutC-1674 - Lease agreement for First Baptist Church Cliff Drive View ParkTAT= 2 CAa;F02,tito— c';PNCSS AND DEPARTMENT OF TRANSRORTATiOiN 0f57'ICT 7, CO. BOX 2304, COS ANGELES 90054 AG'NCY a' August 21, 1974 . o7/R:d -ORA -I -18.6 Acct, o040468- Ooi -oi ri< ^. Robert L. Wynn City Manager City of Newport Beach 3300 West Newport Boulevard rl. Newport Beach, California 92660 Dear 241 Wynn: As you requested, attached is copy of oar Lease with the Baptist Church which we will- assign to yoti on the date that the Deed from the State to the City covering the sub- ject property is recorded. Very truly ;yours, RICHARD S. HARRIS, Chief Right of Way Property Services & Clearance Branch RSH:ra attach. P. . L E A S E Net :p'Bea_:_, California THIS LVA3E, made this 2nd day of April, 1973, at Los Angeles, California, by and between_ the State of California; Department of Public Works, Division of Highways, hereinafter called, Lessor, and FIRST BAPTIST CHURCH OF NTEWPORT BEACH, hereinafter called Lessee., of 2)0i Cliff Drive, Newport Beach, California, 92660: i W 1 T N E S S E T H That the Lessor, in'ecnsideration of the payment of the rent hereinafter specified to be paid by the Lessee, and the covenants . and agreements herein contained, does hereby lease, demise and let unto Lessee that certain property consisting of a. 1-7--story church building and a 1 -story education - office building, together with inventory attached hereto in the County of Orange, State of California, the address of which is 2501 Cliff Drive, in the City of Newport Beach, and legally described as followst That portion of Lot A of Tract No. 919, in the City. of Newport Beach, County of Orange; State. of California,,. as per.map recorded in Book 29 pages 31 to 34, inclusive,: of Miscellaneous liaps, in the. office of the County Recorder of said county, including improvements, if any, for a term of three (3). years, commencing on the ist day of June, 1973, and ending on the 31st day of May, 1976, with the right of cancellation and termination in both Lessor and Lessee as hereinafter se, for th , at the total rental of Twenty -Four Thousand Three Hundred Dollars ( .$24,3oo.o0) payable to the o' d,: r of the State, of 1{ Division of Yl= L i4j'S� LL y625 .CC north im June 1, 197 ', to ay 31 97 =; - :75.00 ner; month fr<.:a June 1, 1974 to May 31, 1975: and 7725.00 ner month iron Jun-- 1, 1975 to May 31, 1976, in advance or, the 1st day of, each and avery month thereafter; c cepting that receipt is hereby acknowled -,ed by the Lessor of the sum of $1,350.00 from the Lessee, In payment of the first and last months' rental under this Lease. Pa of security deposit in the amount. of - 01200100.1" is 4auar , h°x eb y acknowledged.:.All rental payments shall be delivered.to ., . the office of the Division of Highways, Right of Way Department,. at 120 South Spring Street, Los Angeles, California, 90012. The herein- described property is not, at this date, being used for State highway purposes within the meaning of Section lo4.6, Streets and Highways Code. Lessee hereby covenants and agrees as follows: (1) To use the property for the following purposes only: Commercial - Church and educational facility. (2) To perform all acts or work in connection with .rehabilita- Lion maintenance or repairs, if any. (3) To pay Lessor said rent as hereinabove provided, and in addition thereto,, to pay when. due all water, electric, gas and. other lighting, heating and power rents and charges accruing or, payable in'° connection with said property du_•ing the term of this Lease; and to permit Lessor or its agents to enter said property at any reasonable time to inspect the same. " (4) Lessee recognizes and. understands in. accepting this Lease that his interest therein maybe subject tp a possible Possessory j Interec- Tax that the City or County map i:!pose or suc ^.interest, and tha t; such tax payments shall not reduce any rent duc the State hereunder and any such tax shall be the liabi__`, of and be paid i (2) (5) No to aWgn or sublet this Lease *,d nc; to make or suffer any alteration to be made in or on said pro perty, without the .,;ri_- en consent of the Lessor, provided, however, if the leased property includes a building improvement adaptable to subletting into separate units, Lessee may let or sublet such units,.but not other- wise. Lessee further agrees to comply with all State laws and local ordinances concerning said property* and the use thereof, not to use or permit the use of said property for any illegal or immoral purposes:_:: (b) Lessee'specifically. waives. as am oblicgatiorta' "I�sssvr -tY� , provisions of Sections 1941 and.1942 of the Civil Code. 7­7 It is-specifically agreed and understood that - -Lessee shalls not call on Lessor to make any improvements. or repairs'-on-said property of any nature whatsoever; but Lessee hereby specifically covenants and agrees to keep the same in good order and condition at his own cost and expense; and further, in the event the terms of this Lease, as above provided, permit the subletting of portions of the property herein for human habitation, then Lessee covenants and agrees to assume all the obligations and conditions to any subtenants, within' the meaning of Sections 1941 and 1942 of the Civil Code, which read as follows: "1941. Obligations of Lessor. The Lessor of z building intended for the occunation of human beings must, in the absence of an agree- ment.to the contrary, put it into a condition fit for such o3cupation, and repair all subsequent dilapidations thereof, which render it un- ._._ tenantable; except as are mentioned in Section nineteen hundred and twenty-nine." "1942. I£ within 8 reasonable time after nO -iC _° t0 Le35or, of dilapidations which he ought to repair, .. .. zlec1s t0 d0 SO, tr- .,essee may _'epair �'- same himself, where th ost such repairs does not quire an expenditure greater than one mc_ 's rent of the premises, and deduct the expenses of such repairs from the rent, or the Lessee may vacate the premises, in which case he shall be dis- charged from further payment of rent, or performance of other condi- tions ." r- 7) Lessee agrees not to commit, suffer or permit'any waste on said property and further agrees that the exterior and interior of said premises shall be maintained in a manner commensurate with privately -owned properties in the neighborhood. That ddrtnX:?.thes term of said Lease or 90 days prior to the expiration of said term- the Lessor may designate certain painting, repairs or.rehabilitatan maintenance work to be performed by the Lessee, at.Lessee's_expensj�4 to maintain this standard. In the event the Lessee fails to comply with said notice within 90 days, then the Lessor may cause such rehabilitation maintenance work to be performed with the cost thereof being paid from the security deposit established to guarantee such maintenance. (8) The Lessor shall be the sole judge as to the amount and extent of maintenance work to be performed and the .compliance by the Lessee pursuant to notice given to perform such work. .. (9) This Lease shall be subject to cancellation and termination by either party at any time during the term hereof.by giving the other party notice in writing at least sixty (60) days next prior to the date when such termination shall become effective. In the event of .,_•I such termir-:atio6, any unearned rental paid by Lessee shall be..retu_^zed. to Lessee. The Lessee agrees to oermit the Le sor reasonable ac -ess. to show the ..,operty to prospective lessees witni slx y {00) days prior (4) (i0 ^,ll not es h^ =1n tC `ens __ which r..-.ay be 7.V t'f1, by either party to the other, S;?gll 'v2 d:�2rna�. t0 have been fully i'.'en :hen serried personally on Lessor or Lessee, or when made in writing and deposited in the United States mail, certified and postage prepaid, and addressed to the Lessee at address above stated and to Lessor, c% Division of Highways, Box 2304, Terminal Annex, Los Angeles, California 90051. The address to which the notices shall - or may be mailed as aforesaid to either party shall or may be changed by written notice given by such party to the other, as hereinbefore. provided, but nothing herein contained shall preclude the giving of any such notice by personal service. (11) To pay Lessor all costs and expenses, including attorney's fees in a reasonable sum, in any action brought by Lessor to recover any rent due and unpaid hereunder, or for the breach of any of the covenants or agreements contained in the Lease, or to recover possessio: of said property, whether such action progress to judgment or not. (12) if any rent shall be due and unpaid, or if default shall be made in any of the covenants or agreements on the part of the Lessee contained in this Lease, Lessor may, at its option, at any time after -such default or breach, and without any demand on or notice to Lessee or to any other person, of any kind. whatsoever, re -enter and take possession of said property and remove all persons therefrom., and Lessee waives any legal reedy to defeat Lessor's rights and possession hereunder. (13) At the expiration of said term; or any sooner termination of this Lease, to auit and surrender possession of said property and its appurtenances to the Lessor in as food order a..d condition as the property .:as delive-ed to !:,e uede,sl.'..-d (5) icllo,ri::; perfor:n0e of maintenance xor': a eaui: by the Terms of Auct'..on or the Lesscr, reasonable and tear _.-A damage by the -I element: and other casualties excepte'. Any funds _emainin;�, in the security deposit not used or, allocated_ for the purpose for which it was established will be returned to s Lease is terminated prior to its fu security deposit have been expended will be made on a prorata basis for term. (14) Lessee shall not assign, the Lessee. In the event the C1 term and the funds in the entirely or in part-, refund the unused portion of the Lease sublet or otherwise transfer this lease or any portion thereof and any attempt to do so shall be i voidable and of no effect for any purpose and shall furnish grounds for immediate termination of this Lease. No holding over by Lessee shall operate to renew this Lease :rlthout the written consent of the Lessor endorsed thereon. Should the Lessee hold over after the expiration of the term of this Lease, with the consent of the Lessor, expressed or implied, said tenancy shall be deemed to be a tenancy only from month -to- month, subject otherwise to all of the terms and conditions of this Lease so far as applicable. (15) In the event there is any prior existing Lease or Rental Agreement between the Lessee and State, or its 'predecessor in interest, covering the subject property, it is agreed and understood that this Lease shall cancel and terminate said prior Lease or Rental Agreement as of the effective date of this Lease. (16) That this Lease is made upon the express condition tha t the State of California, its officers, agents and employees are to be free from all liability' and claim C'o _' d� -? [? � _ r?aSQ:I O:' a: -,v injury to any person or persons, incluf -ir:g Lessee, or property: of any (6) Ki:':; 'r:n ?:;g Oi?'7?» and tO i:iOT1S O2V2T' b(-'!Oi1 �1''_ ;C!'u i: Lessee, from . ..a any c�",- se Or causelk::haTsoever ihile in, Ua Gn, or any i1ay connected with the said leased premises or the side:al!_s an`apent thereto during the term of this Lease or any extension hereof Or any occupancy here- under, Lessee hereby covenanting and agreeing to indemnify and save harmless the State of California, its officers, agents and employees from all liability, loss, cost and obligations on account-of or arising; out of any such injuries or losses however occurring. (17) Lessor.will not: keep -said propertye.instre8'agains . or any other insurable risk, and Lessee ,will, make. ^.no...cl.ai='of'�-arty nature against Lessor by reason of any damage to said - property =in -the . event same is damaged or destroyed by fire or by'any= other - ,cause;. (18) The Lessee shall, at his own expense,.take.<out.:and keep <' i�.' force during the within tenancy (a) public liability insurance, in a company or companies to be approved by the Lessor, . to protect against any liability to the public incident to the use of, or resulting from injury to, or death of, any person occurring in, or about, the demised premises, in an amount of not.less than $100,000.00 to indemnify against, the claim of one person, and in an amount of not less than' $200,000.00 against the claims of two or more persons resulting from any one accident, and (b) property damage or other insurance in a company or companies to be approved by the Lessor, to protect Lessor, its officers, agents, and employees, against any and every liability Incident to the use of or resulting from any and every cause occurring in, or about, the demised premises, including any and all liability of the Lessor for damage to vehicles parked on the demised premises, in an.amount of not less than $50,000.00. Said policies shall inure to the contin7ent liabilities, it any, __ .,'i" - �SSOr anl 'O -'i iCerS. agents, and employees of Lessor and shall obl -date the insurance (7) i arriers tc notify Lessor, in viri ting, not 'less ^-Uha:. 'ifteen (1 5) days Prior to t''_ cancelption thereof, or any otnv char_ affecting the coverage of the policies. If said policies contain any exclusion concernln3 property in the care, custody, or control of the insured, an endorsement shall be attached thereto sating that exclusion shall not apply w1th regard to any liability to the State of California, its officers, agents, or employees.. Lessee shall furnish to Lessor a certified copy of each and every such policy within not more than ten (10) days after the effective date of the policy. Lessee agrees that,. if Lessee does not keep such insurance in full force and effect, Lessor may take out insurance and pay the premiums thereon, and "the' repayment thereof shall be deemed to be additional rental and payable as such on the next day upon which rent becomes due hereunder. (19) The Lessee, for himself, his personal representatives, successors, in interest, and assigns, as a part of the consideration thereof, does hereby covenant and agree as a covenant running with the land that (a) no person, on the grounds of race, color, or national, origin shall be excluded from participation in, be denied the benefits of, or be otherwise subjected to discrimination in the use of said facilities, (b) that in connection with the construction of any improvements on paid lands and the furnishing of services thereon, no discrimination shall be practiced in the selection of employees and contractors, by contractors in the selection, and retention of first tier subcontractors, and by first -tier subcontractors in the selection and retention of second -tier subcontractors, (c) that such discrimina tion shall not be practiced against the public in their access to and use of the facilities and services provided for public accommodations, such as eatin„ sleepin„ rest, recr3at_ --r. ...... constructed or operated on, over, or under t`e s uce of the right of (8) s•,ay, and (d) that 0 Lessee shall use the prises in compliance with all ot_-er requirements imposed oursu'ant to Title i5, Code of Federal Regulations, Ccmmerce and Forei n Trade, S- abt_tle- A. Office of the Secretary of CoTerce, Part 8 (15 CFR, Part 8 }, and as said Regulations may be amended. (20) That in the event of breach of any of the above non- discrimination covenants, the State shall have the right to terminate the Lease and to re -enter and repossess said land and the facilities thereon, and hold the same as if said Lease had never been made or issued. (21) •It is agreed by the parties to this Lease that when the property or any portion of the property is needed for clearance for freeway construction, th�State as Lessor, may at its discretion, serve timely notices of termination of occupancy and notice to vacate on the tenants of the building or that portion of the building which may be needed for said construction and that when said tenants vacate the building, a prorata reduction in the.rental rate will be made for the loss of income for those tenants who have vacated. The Lessee agrees to furnish the Lessor the names and addresses of those tenants . whom the Lessor must vacate in order to effect clearance for freeway constriction. (22) The Lessee agrees that only one sign, First Baptist Church of Newport Beach, shall be placed on the premises and 'that any other signs or other painting shall be obliterated in a neat and worlcman- like manner. Anything herein contained to the contrary rot4ithstanding, this. - '3ase nay be terminated, and the prov'sions of this Lease may be, in writing, altered, chanted o *_ a�. ^.::'ad - -a2 consert of the p`_-ties hereto. (9) INv WITi,'" -"SJ i-Alri , the parties he: --to ^.o s °- heir hands and sews the day and year in this Lease first above written. FIRST BAPTIST CHURCH OF IE'IVPORT BEACH By Homer Christian r Dr. Francis Wiiliams, Secretary STATE OF CALIFORNIA DEPARTMENT OF PUBLIC WORKS DIVISION OF HIGH•!AV_S II By mmzy strict Right of Way Ageent PI�:h (10) N INVENTORY Built -in Range with Double Oven Garbage Disposal Communion Rail complete with Kneeling Rail Credence Shelves (3) Almo Bason Rack Public Address System complete with Microphone and Wall - mounted Speakers Custom Heavy Duty Dossal Curtain, 12 sq. yds. Custom Windom Drapes, 44 sq. yds. Sewer Ejector Pump with.l H.P. Electric Motor General Americana Ventilation System Wall- mounted, Model CA, Size 72, Serial No. A -3, with G.E. Electric Motor 1/3 H.P., Model 5KH38PGll4B Wood Platform Covered with Carpet Utility Appliance Corp. Air Conditioner, Water Cooled, Roof Mounted, Model 3000 -2, 1/2 H.P., G.E. Motor Serial No. M'KH3uP"T November 129 1974 Dr..Francis J. Williams 330 Placentia - Suite 205 Newport Beach, California 92660 Dear Dr. Williams: The City Council on November 11th approved of the resolution accepting the lease between the First Baptist Church and the State Division of Highways. In addition, the City Council requested the prepara- tion of a park development plan for the area. The church will be notified of the planning study session in which this subject is to be discussed. Please instruct your church treasurer that all future rental payments are to be made to the City of Newport Beach. G -/6 %7t4- ' • `V / Thank you for your understanding and cooperation in this matter. Sincerely, ROBERT L. WYNN City Manager RLW:mm CC: Mr. George Pappas, Finance Director Mr. Calvin Stewart, Parks, Beaches and Recreation Director STATE OF CALIFO2NIA- 31JSINESS ANO TRANS7f`_'ATION AGENCY RONALD REAGAN, Governor DEPAPTMENT OF TRAN5P02T.DON CI ST21CT 7, P.O. BOX 2304, LOS ANGELES 90054 December 16, 1974 07 -ora -1 -18.6 Acct, 0040468 -001 -01 2501 Cliff Drive Newport Beach, California First Baptist Church of Newport Peach 2501.Cliff Drive Newport Beach, California Gentlemen: We recently sold the church you occupied at the above address to the City of Newport Beach, The Directors Deed was recorded as of November 25, 19740 Any rental monies paid after that date will be prorated to the City of Ne *sport Beach and all future rent payments should be paid to the City of Newport Beach. Very truly yours, PAUL M. GERARD Property Management 'Section D n Del STATE OF CALIFORNIA— BUSINESS AND TP.>NSPUHIA;IUN AGtNIT GZP/a4.AAE`iT OF TF'ANS P OR,���l DISTRICT, 7,P.O. BOX 2703, LOS ANGELES 9003a� December 23, 1974 .07 -ORA- 1 -20.2 Director's Deed No. DD 057847 -01 -01 City of Newport Beach 1714 W. Balboa Blvd. Newport Beach, Calif. 92650 a Attn: Mr. Robert Wynn City Manager Gentlemen: Enclosed is the original executed Director's Deed conveying the property at 2501 Cliff Drive to the City.. Also enclosed is a copy of the letter to the church advising them of this conveyance. The November rent has not been received as yet therefore you should co ec rpm tha —CHU:'ch` M rents due you. Very truly yours, ED PURPUS Right of Way Agent Excess Land Sales EP:ft 0 0 CITY OF NEWPORT BEACH OFFICE OF THE CITY MANAGER November 11, 1974 COUNCIL AGENDA NO. G -3 TO: MAYOR AND CITY COUNCIL FROM: City Manager SUBJECT: LEASE WITH FIRST BAPTIST CHURCH RECOMMENDATIONS: Approve the Resolution assuming the existing lease between the First Baptist Church and the State of California, per- mitting the church to use the building at 2501 Cliff Drive. 2. Direct the Parks, Beaches & Recreation Commission to pre- pare a development plan for the subject property, as well as the adjacent two lots purchased approximately one year ago. DISCUSSION: On April 2, 1973 the California State Department of Public Works entered into an agreement with the First Baptist Church of Newport Beach for use of the property at 2501 Cliff Drive. The basic details of the lease is attached as Exhibit "A ". The City, as owner of this property, now must decide whether to honor the lease or to terminate it as provided by the conditions or terms of the lease document. It is suggested here that the City honor the lease which, unless cancelled by either party, is good until May 31, 1976 and to direct the Parks, Beaches & Recreation Commission to prepare a development plan. This plan should be completed for review and acceptance by the City Council within one year. At that time a decision can be made by the City Council to either ex- tend the lease if it is compatible with the development plan, or to terminate it on May 31, 1976. It may be that a plan can be developed that will be com- patible with the church use and the City could utilize the rental payments to assist in the maintenance of the public park facilities. It also may be that the Parks, Beaches & Recreation Commission would find that the use by the church would be incompatible with public park usage. However, this will not be known until after the City develops a park plan for the Cliff Drive area. A number of meetings have been held with the representatives of the First Baptist Church and the recommended course of action is acceptable to them. They have indicated, however, that if the City terminates the lease, after preparation and approval of the park plan, they would appreciate more than one year's notice to relocate to another area. They have indicated to ;_ _ f 0 Page -2- me that in the interim, if the Council accepted this recommendation, that the church facility would be available for use by the Homeowners Association in the area for just a cleanup charge. It is believed that this use is de- sired by the Homeowners Association and would fill a need in their area. i i RLW:mm ' ROBERT L. WYNN 2501 CLIFF DRIVE EXHIBIT "A" First Baptist Church uses the facility on a regular basis: Sundays - All day for services Wednesdays - Mid week evening service Tuesdays - Morning women's auxilary There are other unscheduled uses for special programs, etc. periodically. LEASE SYNOPSIS 13-, story church building 1 story education - office building at 2501 Cliff Drive Lease is a three (3) year term expiring May 31, 1976 Total rent (3 years) = $24,300.00 Monthly rents Til May 31, 1975 - $675.00 /month June 1, 1975 to May 31, 1976 - $725 /month Security deposit of $1,200 has been acknowledged. COVENANTS OF LEASE 1. To be used as church and educational facility. 2. Maintain and repair responsibility of Lessee. 3. All utilities responsibility of Lessee 4. Lessee to pay all possessory taxes. 5. Cannot be sub leased without approval of Lessor 6. If a sub -lease is approved the Lessee is responsible for all obligations to sub tenants. 7. 90 days prior to termination of lease, the Lessor may require maintenance work to be done at Lessee's expense. -1- Lease subject to cancellation by either party upon written notice of (60) days. 9. Lessee responsible for all insurance: liability must be $100,000 against the claim of one person, $200,000 against the claim of 2 or more persons resulting from one accident. Vehicle parking damage of not less than $50,000 -2- 0 RESOLUTION NO. 8 37 6 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AGREEING TO ASSUME THE INTEREST OF THE STATE OF CALIFORNIA IN A LEASE AGREEMENT BETWEEN THE STATE AND THE FIRST BAPTIST CHURCH OF NEWPORT BEACH AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE ANY NECESSARY DOCUMENTS IN CONNECTION THEREWITH WHEREAS, the City of Newport Beach has recently purchased Parcel No. 40468 from the State of California, located at 2501 Cliff Drive in the City of Newport Beach; and WHEREAS, said property is encumbered with a lease to the First Baptist Church of Newport Beach dated April 2, 1973, which will terminate on May 31, 1976, unless sooner cancelled by either party upon sixty (60) days prior written notice; and WHEREAS, the City Council has reviewed the terms and conditions of said lease and found them to be fair and equitable; and WHEREAS, the City Council wishes to assume the rights and obligations of the State under said lease and be bound by its terms and conditions; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach hereby agrees to assume the rights and obligations of the State under that certain lease agreement between the State of California and the First Baptist Church of Newport Beach dated April 2, 1973, and further agrees to be bound by the terms and conditions therein; BE IT FURTHER RESOLVED, that the Mayor and City Clerk are hereby authorized -to execute any documents approved as to -1- i ~ 0 0 form by the City Attorney which may be necessary to continue said lease arrangement as described hereinabove. ADOPTED this 11th day of November , 1974. ATTEST: City Clerk Mayor -2- DDO /bc 11/5/74 ti RESOLUTION NO. $344 A RESOLUTION OF THE CITY COUNCIL OF TF "• CITY OF NEWPORT BEACH ACCEPTING THE OFFER BY THE STATE DEPARTMENT OF TRANSPORTATION TO SELL CERTAIN STATE -OWNED PROPERTY AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE NECESSARY DOCUMENTS TO CONSUMMATE THE PURCHASE WHEREAS, the California Department of Transportation by letter dated August 9, 1974, has offered to sell certain State -owned property to the City of Newport Beach for the appraised value of Six Hundred and One Thousand Six Hundred Dollars ($601,600.00); and Newport ETranspo k w r pay the Hundred balance i X.� WHEREAS, said property is located in the City of Beach, and is generally described as Department of rtation Parcels 57847, 40468, 41246 and 41356; and WHEREAS, the terms'of the sale require the City to amount of Four Hundred and Thirty-Six Thousand Six Dollars ($436,600.00) to the State upon demand; the of One Hundred and Sixty -Five Thousand Dollars '($165,000.00.) will be subject to a Trust Deed and Note covering payments of principal and interest at 7% per annum for a period of five (5) years; and WHEREAS, the City Council believes it to be in the best interest of the City to purchase said parcels to 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 Parcels 54847, 40468, 41246, and 41356, upon the terms and conditions expressed in the letter from the Department of Transportation dated August 9, 1974; BE IT FURTHER RESOLVED that the Mayor and City Clerk are authorized to sign a duplicate copy of said letter, on behalf of the City of Newport Beach, which shall constitute the acceptance by the City of the State's offer to sell said parccls-for the appraised value of $601;600.00; -1 .