HomeMy WebLinkAboutReso 1972-6688RESOLUTION NO. 6688
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CHULA VISTA Ar~iEI~TDING ITS RESOLUTION NO.
5966, ENTITLED "RESOLUTION OF THE CITY COUNCIL
OF TIIE CITY OF CHULA VISTA, DECLARING ITS
INTENTION TO ACCEPT A GIFT OF CHULA VISTA
COM*dUNITY HOSPITAL FACIhITIES WHEN TENDERED
AND MAKING DETERP4INATIONS WITH RESPECT TO THE
ORGANI7.ATION OF SAID NONPROFIT CORPORATION
AND THE BOiIDS TO BE ISSUED BY SAID CORPORATION"
WHEREAS, on March 2 1971, the City Council of
the City of Chula Vista adopted Resolution No. 5966, entitled:
"Resolution of the City Council of the City of Chula Vista,
Declaring Its Intention to Accept a Gift of Chula Vista
Community Hospital Facilities Tr7hen Tendered and *Zaking Deter-
minations with Respect to the Organization of_ Said Nonprofit
Corporation and the Bonds to be Issued by Said Corporation";
and
WHEREAS, it is the determination of the City Council
of the City of Chula Vista, California, that it is necessary
and proper to amend said resolution.
NOW, THEREFORE, BE IT RESOLVED that the City Council
of the City of Chula Vista hereby amends paragraph 4 of the
recitals of Resolution No. 5966 to read as follows:
t~TI-iERFAS, in order to construct the Hospital
Facility in the City of Chula Vista and to finance
a portion of the cost thereof, the Corporation pro-
poses to amend its Articles of Incorporation and its
By-Laws in certain respects including: (a) provision
that upon retirement of its indebtedness hereinafter
described, the Corporation caill tender all right,
titles and interest in and to the Hospital
Facility to the City of Chula Vista; and
(b) provision to grant the City an option to
purchase (if th;-~ exercise thereof is duly
authorized by law and the governing body of the
City of Chula Vista at the time of exercise
th^reof) when the Corporation's indebtedness
is redeemable or due, the interest in the
Corporation and its property and assets for a
price sufficient to retire all indebtedness
of the Corporation."
BE IT FUTHER RESOLVED, that Paragraph 5 of said
Resolution is hereby deleted.
Presented by:
Approved as to form by:
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G RGE D. LINDBERG, G ORGE D. LINDBERG, ~-~
City Attorney City Attorney
2.
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ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, this 12th day of December , 19'72 ,
by the following vote, to-wit:
AYES: Caunc~.2men Hyde, Egdat!.1, Scott, Hobel, Hamilton
NAYES : Ca unc~,~.men None
ABSENT: Cauncti~men None
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ATTEST ~ ~f~..1Z z c ` ~~> >--'~ c ~ ~ :..t- ;
-(. y e h ;,
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, J~NNI~ M~ ~ULASZ, C.%~y C2enlz ~~ the C~:~y any Chu~.a V,c~S~a,
Ca.~~.bann~,a, aU N~R~~y C~R7I~y ~ha~ ~h,e abG~e and {yc~n.eg~~.ng ~.~ a ~u.~.~,
~nue and cv~.n.ec~ copy ~{~
and ~ha~ ~h.e same hay nc~x been amended orr. ne~ea.~ed.
~AT~~:
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