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HomeMy WebLinkAboutReso 1987-13324 11'i'8 RESOLUTION NO. 13324 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND JOE D. AND LUCILLE W. TREVISANI FOR REPAYMENT OF FUNDS ADVANCED FOR CONSTRUCTION OF DEFERRED IMPROVEMENTS IN "D" STREET AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT The City Council of the City of Chula Vista does hereby resolve as follows: NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that that certain agreement between THE CITY OF CHULA VISTA, a municipal corporation, and JOE D. and LUCILLE W. TREVISANI for the repayment of funds advanced for con- struction of deferred improvements in "D" Street dated the 30th day of October , 198 7, a copy of which is attached hereto and incorporated herein, the same as though fully set forth herein be, and the same is hereby approved. BE IT FURTHER RESOLVED that the City Clerk of the City of Chula Vista be, and she is hereby directed to record said agreement in the office of the San Diego County Recorder. BE IT FURTHER RESOLVED that the Director of Finance be, and he is hereby directed to collect the funds and reimburse Gas Tax Fund Account 250-3860. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista be, and he is hereby authorized and directed to execute said agreement for and on behalf of the City of Chula Vista. Presented by Approved as to form by 0374a 1179 ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CnULA VISTA, CALIFORNIA, this 10th day Of November ...... 19 87, by the following vote, to-wit: AYES: Councilmembers Cox, McCandliss, Malcolm, Nader, Moore NAYES: Councilmembers None ABSTAIN: Councilmembers None ABSENT: Councilmembers None "Z~'Chula vis,o ATTEST:~,/)2/~,;/:,/?//~~5~//// City Cl~rk' S...#'E OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is a full, true ond correct copy of RESOLUTION N0. 13324 ,ond that the same has not been oreended or repealed CIW OF CHULA VISTA CC-660 " 1176 DATES AMOUNT INTEREST PRINCIPAL TOTAL PA__YABLE OUTSTANDING DUE DUE DUE 01-Jan-87 6,000.00 OPENING BALANCE 01-Jul-87 6,000.00 210.00 210 00 01-Jan-88 6,000.00 210.00 600.00 810 00 01-Jul-88 5,400.00 189.00 0.00 189 00 01-Jan-89 5,400.00 189.00 600.00 789 00 01-Jul-89 4,800.08 168.00 0.00 168 00 01-Jan-90 4,800.00 168.00 600.00 768 00 01-Jul-90 4,200.00 147.00 0.00 147 00 0!-Jan-91 4,200.00 147.00 600.00 747 00 01-Jul-91 3,600.00 126.00 0.00 126 00 01-Jan-92 3,600.00 126.00 600.00 726 00 01-Jul-92 3,000.00 105.00 0.00 105 00 01-Jan-93 3 000.00 105.00 600.00 705 00 01-Jul-93 2 400.00 84.00 0.00 84 00 01-Jan-94 2 400.00 84.00 600.00 684.00 01-Jul-94 1 800.00 63.00 0.00 63.00 01-Jan-95 1 800.00 63.00 600.00 663.00 01-Jul-95 1 200.00 42.00 0.00 42.00 01-Jan-96 1200.00 42.00 600.00 642.00 01~Ju1'96 600.00 21.00 0.00 21.00 01-Jan-97 600.00 21.00 600.00 621.00 2. The City agrees that it will not take any action to enforce the deferral agreement so long as the property owners meet the payment schedule set forth in 1 above. 3. The deferral agreement and lien shall remain in full force and effect until such time as the entire loan for deferred improvements is repaid. At that time, the lien shall be extinguished. The deferral agreement shall be extinguished at that time as well. THE CITY OF CHULA VISTA PROPERTY OWNERS: ~st~ City of Chula .~/e D. Trevisani , City Cler~ ~" Lucille W. Trevisani (Attach Notary Acknowledgment) A~ ~Wed as to f rm by City Attorney 2460a 1177 STATE OF CALIFORNIA }ss. COUNTY OF San Diego On this lath day of December , in the year 19 87 , before me, the undersigned, a Notary Public in and for said State. persona)ly appeared Joe D. Trevisani OFFICIAL SEAL Mary Elaine Chavez , NOTARYPUBLICCALIFORNIA (or proved to me on the basis of satisfactory evidence) to be the personZ_ whose nae PRINCIPAL OFRCE ~N lS subscribed to the within instrument, and acknowledged to me that e y Commission Expires Mir }. 1991 executed it, ' ' WITNESS my hand and official seal. -- STATE OF CALIFORNIA } - COUNTY OF San Diego ss. On this 30th day of October in the year 19 87 before me, the undersigned, a Notary Pubeic in and for said State, personarly appeared Lucille W. Trevisani Mary Elaine Chavez (or proved to me on the basis of satisfactory evidence) to be the personJ whose name~_ PRINCIPAL OFFICE IN ~ subscribed to the within instrument, and acknowledged to me that SAN DIEGO COUNTY executed it. My Comm,ss~on Expires Mar I 1991 WITNESS my hand and official seal. ACKNOWLEDGMENT-General--WOlCOUS Form 233CA--Ray 5-82 r n~r ~)1982WOLCOTTS, iNC (Priceclasse-2) ,