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HomeMy WebLinkAbout7783 - Eminent Domain of Police Facility SiteRESOLUTION NO. T 78 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE IRVINE COMPANY FOR THE PURCHASE AND SALE UNDER THREAT OF EMINENT DOMAIN OF JAMBOREE ROAD POLICE FACILITY SITE, AND AUTHORIZING RECONVEY- ANCE OF THE CIVIC CENTER SITE UNDER TERMS OF AGREEMENT DATED SEPTEMBER 15, 1969 WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain contract between the City of Newport Beach and The Irvine Company for the purchase and sale under threat of eminent domain of a parcel of property located on Jamboree Road adjacent to the Jamboree Fire Station, to be used as a police facility site; and WHEREAS, under the terms of the said purchase and sale agreement, the City of Newport Beach agrees to reconvey to The Irvine Company certain property purchased from The Irvine Company by an agreement for purchase and sale dated September 15, 1969, to have been used as a civic center site; and WHEREAS, the City Council has considered the terms and conditions of said agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said agreement for purchase and sale of the police facility site above described is approved, and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach, together with all documents necessary to effect the conveyance of said Jamboree Road police facility site, and the reconveyance of the Civic Center site as described above. ADOPTED this 21st. day of August, 1972. Mayor ATTES ity C er �..4.. ... .... OWPAEM OF THE CITY OF NE ' C'hJ v27$6.,pC.H = 172 DON:mh AUG 24 � 8/8/72