HomeMy WebLinkAboutH-2d - Sale of Parcel in Irvine Terrace ParkCITY OF NEWPORT BEACH
Office of
CITY ATTORNEY
April 23, 1979
To: Honorable Mayor and
Members of City Council
From: City Attorney
Subject: Sale of Parcel in Irvine Terrace Park
On May 8, 1978, the City Council found that four small parcels
of Irvine Terrace Park to the rear of four homes located on
Malabar Drive were no longer required for park purposes. This
was largely due to the fact that because of the topography in
the area of these four parcels (sunken ravine) they could not
practically be used with the rest of the park property.
On May 22, 1978, the Council adopted Resolution No. 9360
declaring its intention to abandon these park parcels and to
hold a public hearing to consider any objections to the aban-
donment. The public hearing was held on June 26, 1978, and
no one appeared to object to the abandonment.
On August 28, 1978, the Council adopted a resolution authori-
zing the Mayor and City Clerk to execute a grant deed conveying
the parcel behind the property at 712 Malabar Drive. We have
recently been informed that the owner of the property at 718
Malabar Drive would like to purchase the park parcel to the
rear of his property.
The subject property has been appraised at $3.00 a square foot.
There are 3,325 square feet in the parcel adjacent to 718 Mala-
bar. The purchase price therefore computes to be $9,975.00.
The property owner will be responsible to provide fencing.
The resolution on this evening's agenda authorizes the Mayor
and City Clerk to execute a grant deed conveying the parcel
behind the property at 718 Malabar to the owner of the 718
Malabar Drive property. l'
Dennis D. O'Neil