HomeMy WebLinkAbout3523 - Exchange of Property9
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RESOLUTION N0. � 61;�
WHEREAS, there has this day been presented to the City
Council of the City of NevTort Beach a certain agreement of ex-
change, dated the 10th day of September, 1947, wherein the City of
Newport Beach has agreed to exchange the Northwesterly rectangular
30 feet of Lot 2, 3 and 4 in Block 132, Lake Tract, City of New-
port Beach, California, for the Southeasterly 65 feet of Lot 1 in
Block 132 of Lake Tract, City of Newport Beach, California; and
WHEREAS, the property belonging to the City of Newport
Beach is valued in such exchange at $1125.00, and the property for
which they intend to exchange is valued at $825.00; and
WHEREAS, John Hutchins Summers, a widower, is the owner of
the property which. said City intends to exchange for, and said
owner has agreed to pay to said City the difference between the
values in the sum of $300.00; and
WHEREAS, the City needs said property owned by John Hutchins
Summers, a widower, for the widening of Coast Boulevard; and
WHEREAS, the City Council believes that the considerations
mentioned in said exchange are fair, just and adequate, and that
It is for the best interests of said City and the inhabitants
thereof that said exchange be made;
NOW THEREFORE, BE IT RESOLVED, that the Mayor and City Clerk
of the City of Newport Beach be authorized, directed and instructed
to sign said exchange agreement dated the 10th day of September,
1947, wherein the City of NeisTport Beach is therein referred to as
First Party, and John Hutchins Summers, a widower, is therein desig
nated Second Party; and
BE IT FURTHER RESOLVED, that when said exchange agreement
has been signed that the same be deposited by the City Clerk as
escrow instructions for the exchange of the properties herein de-
scribed, with the Orange County Title Company of Santa Ana, Calif
1 a.
LAW OFFICES OF
ROLAND THOMPSON 1 •
208 SPURGEON BLDG.
SANTA ANA. CALIF.
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I hereby certify that the foregoing Resolution was duly
and regularly passed and adopted by the City Council of the City
of Newport Beach at a regular meeting of the City Council held
on the IT, day of �p �„y , 1947, by the following
vote, to-wit: n
fity Clerk
AYES, COUNCILI,IEN:
NOES, COUNCILMEN: '�Ap_n_A
ABSENT, COUNCILIJEN: ,Qu. IF
LAW OFP ..ES DP
ROLAND THOMPSON 2.
20B SPURGEON BLDG.
SANTA ANA. CALIF.
MAYOR
0
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF NEWPORT BEACH )
SS
I, MARGERY SCHROUDER, City Clerk of the City of Newport
Beach, California, do hereby certify that according to the records
of the City of Newport Beach filed and ,:iaintained in my office,
the foregoing Resolution No. 3523 was duly and
regularly adopted, passed, and approved by the City Council of
the City of Newport Beach, California, at a regular meeting of
said City Council held at the regular meeting place thereof, on
the 6th day of October 9 19+71 by the following
vote, to wit:
AYES, COUNCILMEN: Allen, Robertson, Reed
NOES, COUNCILMEN: None
ABSENT, COUNCILMEN: Siler, Isbell
Dated this 8th day of December 9 �9 54
City Clerk nd x- Officio Clerk of the
City Council, ity of Newport Beach,
State of California.