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HomeMy WebLinkAbout5053 - Quitclaim Deedtr A WI a me 6/23/59 (12) 1 RESOLUTION N0, S � D 3 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NMJPORT BEACH AUTHORIZING THE EXECUTION 3 OF A QUITCLAIM DEED. C! 5'1 i +IHEREAS, the City Council by Resolution No, 5037 vacated 6 and abandoned portions of Balboa Boulevard consisting of six -foot 711 strips along the northerly side thereof between "C" and "F" Streets; 8 and 9 IIHEREAS, by virtue of ownership of land in the Balboa 10 Boulevard right -of -way adjoining said strips, title to a portion 11 thereof reverted to the City of Newport Beach; and 12 LJHEREAS, the City has no practical need for said land, 13 it is of value only to the owners of the land adjoining on the north 14 and it would be to the benefit of the City and in the public inter - 15 est to have such land under the ownership of and cared for by the 16 respective property owners adjoining said strips of land on the 17 north; and 18 lr7HEREAS, the value of the portion of said strips fronting 19 on each lot which reverted to the City would not exceed $100; and 20 WHEREAS, the property owners are willing to pay that amoun 21 ` Ito the City; 22 NOW, THEREFORE, BE IT RESOLVED that in consideration of 23 $4,400 for the City's interest the Mayor and City Clerk are hereby 24 authorized and directed to execute a quitclaim deed quitclaiming to 2511the adjoining property owners the City's interest in the following 2611described land in the City of Newport Beach, County of Orange, State 27 11 of California: 28 Parcel 1: 29 A strip of land six feet wide extending between the southwesterly prolongation of the northwesterly line 30 of Lot 1, Block 17, East Side Addition to the Balboa Tract recorded in Miscellaneous Tdap Book 4, Page 20, 31 Records of Orange County, California, and the south- westerly prolongation of the southeasterly line of 32 Lot 18, said Block 17, and adjacent to and south- westerly of the southwesterly line of said Block 17. • 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Parcel 2: A strip of land six feet wide extending between the southwesterly prolongation of the northwesterly line of Lot 1, Block 19, East Side Addition to the Balboa Tract recorded in Miscellaneous Map Book 4, Page 20, Records of Orange County, California, and the south- westerly prolongation of the southeasterly line of Lot 12, said Block 19, and adjacent to and south- westerly of the southwesterly line of said Block 19. Parcel 3:. A strip of land six feet wide extending between the southwesterly prolongation of the northwesterly line of Lot 1, Block 21, East Side Addition to the Balboa Tract recorded in Miscellaneous Map Book 4, Page 20, Records of Orange County, California, and the south- easterly prolongation of the northeasterly line of Lot 14, said Block 21, and.adjacent to and south- westerly of the southwesterly line of said Block 21. BE IT FURTHER RESOLVED that the City Attorney is author- ized and directed to forward said deed to the California Bank, Mariners Branch, for deposit in Escrow No. 187 -773 for use of said adjoining property owners only after the payment of said $4,400 to the City. This resolution was adopted by the City Council of the 11 City of Newport Beach at a regular meeting on the 13th day of July, 1959, by the following vote, to wit: AYES, COUNCILMEN: Hart, Lorenz, Somers, Kingsley, Atkinson, Stoddard NOES, COUNCILMEN: None ABSENT COUNCILMEN: Higbie ATTEST: (� City Clerk 2 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) • CITY OF NEWPORT BEACH ) 0 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 :aaintained in my office, the foregoing Resolution No. 5053 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 13th day of July , 19 59, by the following vote, to wit: AYES, COUNCILMEN: Hart„ Lorenz, Somers, Kingsley, Atkinson, Stoddard NOES, COUNCILMEN: None ABbENT, COUNCILMEN: Higbie Dated this 14th day of July 1 X959 . Maw ti. City Clerm ana Ex-Officio Clerk of the City Council, City of Newport Beach, State of California.