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HomeMy WebLinkAbout325 - Martin Lease - Cancellation467 RESOLUTION NO. 325 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA AUTHORIZING THE RELEASE AND CANCELLATION OF .A CERTAIN LEASE WITH MANUEL MARTIiN AND NORIM, C. JVRTIN, FOR A CITY HALL, AND AUTHORIZING THE REFUND OF DEPOSIT AND TFC REII°:BURSE1•1ENT OF LESSOR FOR COSTS AND EXPENSES INCURRED. UREREAS, the City of Costa Mesa, as lessee, entered into a certain lease dated January 10, 1957, with Manuel Martin and Norma C. Martin, husband and wife, as lessor, for a term of twenty-five (25) years, covering the premises located at 695 W. 19th Street, Costa Mesa, California; and WHEREAS, it is the mutual desire of the parties to said lease to cancel CJ and terminate the same; NOr7, THEREFORE, BE IT RESOLVED, that the said lease, above described, LL. be, and the same is hereby, cancelled and terminated and the Mayor and City Clerk are hereby authorized to sign the agreement of cancellation and release on behalf of the City; and execute escrow instructions No. 328088; BE IT FURTHER RESOLVED, that the Orange County Title Company be, and the same is hereby, instructed and directed to rancel Escrow No. 325088 and to return the documents to the parties furnishing the same, in accordance with cancellation instructions dated Februarf 7, 1957 to Orange County Title Company; BE IT FURTHER RESOLVED, that the refund of Lessor's deposit in the amount of $10,000.00, together with reimbursement in the amount of 57500.00 for costs and expenses incurred by said Lessor, be, and the same is hereby, authorized and ordered by the City Council of the City of Costa Mesa. PASSED AND ADOPTED this 11th day of February, 1957. ATT7iia3ror ot the o_ ..os' a ]iesa 7i ,y �/leerl, of tthh�ty7'of Costa Mesa By' ,4414-sem/' ,� y STATE OF CALIFORNL$a COUNTY OF ORANGE )) I, A. C. SWAR'iZ, City Clerk of the City of Costa Mesa, do hereby rertify that the above and foregoing Resolution No. 325 was duly and regularly passed and adopted at a meeting of the City Council of the City of Costa Mesa held on 468 the 11th day of February, 1957, by the _following vote, to -wit: AYES: Councilmen - Martin, Pinkley, Smith, Meyers, Felson NCES: Councilmen - Yana ABSFTP: Councilmen - None IN WITNESS IPMREOF, I have hereunto set o4' hand and affixed the official seal of the City of Costa Mesa this 11th day of February, 1957. ity lerk and ex -officio /Cle .o=e City Council of the City of Costa iiesa 13Y �/ Deputy 3