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HomeMy WebLinkAbout7909 - Conveying Property at Bushard Street & Hamilton Avenue• • 4 RESOLUTION NO. 7909 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH DETERMINING THE HIGHEST BID AND AUTHORIZING EXECUTION OF A GRANT DEED CONVEYING PROPERTY LOCATED AT BUSHARD STREET AND HAMILTON AVENUE TO THE HIGHEST BIDDER WHEREAS, by Resolution No. 7832 dated October 10, 1972, the City Council of the City of Newport Beach declared certain real property located at the intersection of Bushard Street and Hamilton Avenue, in the City of Huntington Beach, legally described as follows, to be surplus, authorized its sale and set out the procedure for its sale: That portion of the north half of the northwest quarter of the southeast quarter of Section 18, Town- ship 6 South, Range 10 West, in the Rancho Las Bolsas, City of Huntington Beach, County of Orange, State of California, as per map recorded in Book 51, page 14 of Miscellaneous Maps, in the Office of the County Recorder of said County, described as follows: BEGINNING at the intersection of the west line of said northwest quarter with the westerly prolonga- tion of the north line of the land conveyed by H. D. Meyer to the City of Newport Beach by deed recorded August 7, 1923 in book 481, page 276 of Deeds of said Orange County; thence east 495.00 feet along said prolongation and said north line to the northeast corner of said land; thence south 440.00 feet along the east line of said land to the south line of said north half of the northwest quarter of the southeast quarter; thence west 495.00 feet along said south line to the west line of said northwest quarter; thence north 440.00 feet along said west line to the point of beginning. Except from that portion thereof lying northerly of the southerly 165.00 feet, that portion included within the County road adjacent on the west, as said road existed on March 13, 1922. Said land is shown on a map filed in Book 7, page 37 of Record of Surveys, in the office of the County Recorder of said County; WHEREAS, on November 27, 1972, the City Council adopted Resolution No. 7881 rejecting all bid proposals for the Bushard and Hamilton property, Huntington Beach, authorizing rebidding, and setting out the procedure for its sale; and WHEREAS, on January 12, 1973, bids to purchase said property were received and opened by the City Clerk and a -1- public auction was conducted by the City Manager; and WHEREAS, after holding a public hearing at which all bids and the results of the public auction were considered, the City Council has determined that the highest bid therefor has been submitted by Frank H. Ayres and Son in • the amount of $139,000 acceptable; • and that said sum is fair and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the Mayor and City Clerk are hereby authorized to execute a grant deed on behalf of the City of Newport Beach, conveying said property to Frank H. Ayres and Son , in accordance with the terms and conditions set forth in said Resolution No. 7881, ADOPTED this 22nd day of January , 1973. ATTEST: FIED AS THE AL 4ITV IRK OF THE CITY OF NE CART B ACH DATE: -- - -- - -- JAN - - -24 -1923 -.. ra;--� I. r-=-4 2 =0== -2- DON dm 1/17/73