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HomeMy WebLinkAbout530 - Sale of Certain Real PropertyRESOLUTION b70. .f3 RESOLUTION FOR THE SALE OF CERTAIN REAL PROPERTY • OF THE CITY OF NE-':PORT BEACH. WHEREAS, it is satisfactorily appearing to the City Council of the City of Yewport Beach that it would be for the benefit and best interests of the City of Newport Beach to sell the real property hereinafter described; and =7 REAS, it further satisfactorily appearing to said City Council of the City of Newport Beach that the said real property is vacant property and is not now being used by said City, nor has the same ever been used by said City; and 7HEREAS, an adaquate and sufficient sonsideration has been offered to the City Council of the City of Newport Beach by the Balboa Beach Amusement Co., a California Corporation with offices at Balboa, California, for said described real property; and WHEREAS, said property is not any portion of any - Eterfront. NOW, THEREFORE, BE IT RESOLVED: That it would be for the benefit and best interests of the City of Newport Beach that the following described real property belonging to said City of AFe ^port Beach, and situated in the City of Newport Beach, County of Orange, State of California, and more particularly described as follows, to -wit: Parcel 1 :- All that portion of Block "C" of the Balboa Tract in the City of Newport Beach, County of Orange, State of California, as per map thereof recorded in Book 4, page 11 of ;iscellaneous 'Naps, Records of Orange County, California, lying southeasterly of the southwesterly extension of the north- westerly line of Lot 15, in Block 8 of said Balboa Tract, • Parcel 2:- All that portion of Block "C" of the Balboa Tract in the City of Newport Beach, County of Orange, • State of California, as per nap thereof recorded in Book 4, page 11 of Uiscellaneous LLps, Records of Orange County, California, lying between the southwesterly extensions of the northwesterly and southeasterly lines of Lot 10, in Block 8 of said Balboa Tract, Parcel 3:- All that portion of Block "B" of the Balboa Tract in the City of Newport Beach, County of Orange, State of California, as per map thereof recorded in Book 4, page 11 of b :iscellaneous '- "aps, Records of Orange County, California, lying southeasterly of the southwesterly extension of the north- westerly line of Lot 15, in Block 6 of said Balboa Tract, be sold for the sum of X1500.00, lawful money of the United States, to The Balboa Beach Amusement Co., a California corpor- ation, and upon payment of said sum, to the said City of Newport Beach, that a good and sufficient deed be executed and delivered to the Balboa Beach Amusement CO., a California Corporation, by the ;.:ayor of said City of Newport Beach and the City Clerk of said City respectively, conveying all of the right, title and interest of the City of Newport Beach in said real property. BE IT FURTHER RE'OLVED: That said City of Newport Beach, upon the payment of the price as aforesaid, and delivery of said deed as aforesaid, grant to said purchaser the immediate possession of the whole of said property. I hereby certify that the foregoing Resolution r:as duly and regularly passed by the City Council of the City of Newport Beach at a regular meeting thereof, held on the 23rd day of September, 1929, by the following vote, to -wit: AYES, COUNCIL 'LE'N: C(j ..uatir/" � ��{�%'�/i�.l -r.v .fir d-�- ca- :r✓ C/r IT,OES, COU ?CILUEN: ! '� • ABSENT, COU1 CIT=: N: i ATTEST�iC/✓t�.� 'EAL) lerk of them City of Newport Beach.