HomeMy WebLinkAbout1341 - Hamasi Corporation Agreement' M
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LAW OFFICES OF
ROLAND THOMPSON
310 SPURGEON BUILDING
SANTA ANA. CALIFORNIA
w- J,
RESOLUTION NO. '� 4�6 vi f
WHEREAS, there has this day been presented to the City
Council of the city of Newport Beach a certain Agreement modifying
agreement, dated the 16th day of May, 1938, between the City of
Newport Beach, Optioner, and Hamasi Corporation, Optionee; and
WHEREAS, said Agreement provides that the parties
therein mentioned desire to amend, modify and alter a certain
agreement between the same parties as of date August 14,1936; andl
WHEREAS, said amended agreement alters, modifies and
amends said original agreement only as to the Schedule Describing
Properties and Prices, as therein specifically set forth; and
WHEREAS, said agreement provides that all other
provisions and terms of said agreement or option dated August 14,
1936, shall remain in full force and shall be unaffected by said
agreement dated May 16th, 1938; and
WHEREAS, the consideration for said agreement is the
transfer by the said Hamasi Corporation to the city of Newport
Beach by Quitclaim Deed to all of Lots 1 to 16, both inclusive, in
Block "A -37" of "Corona Del Mar" and that portion of Block "B"
of "Corona Del Mar" lying between the southerly prolongation of
the most westerly side of Lot 8 in said Block "A -37" and the
southerly prolongation of the most Easterly side of Lot 1 in
said Block A -37, as shown on a Map recorded in Book 3, pages 41
and 48 of Miscellaneous Maps, Records of Orange County,California;
and
WHEREAS, the City Council of the city of NewportnBeach
deems that it is for the best interests and for the benefit of
said city that said agreement be executed, and that the considera-
tion therefor is in all respects fair, just and adequate.
NOW, THEREFORE, BE IT RESOLVED: That the Mayor and
City Clerk of the city of Newport Beach be, and they are hereby
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directed, authorized and instructed to execute said agreement
dated May 16th, 1938, in the name of and on behalf of the city
of Newport Beach, and that the City Clerk deliver a duly
executed copy thereof to the Optionee therein named.
I hereby certify that the above and foregoing
resolution was duly and regularly passed and adopted by the
City Council of the city of Newport Beach at an adjourned
regular meeting thereof held on the 16th day of May, 1938,
by the following vote, to —wit:
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LAW OFFICES OF
ROLAND THOMPSON
210 SPURGEON BUILDING
SANTA ANA. CALIFORNIA
J�
NOES, COUNCILMEN: fl'
ABSENT, COUNCILMEN: