HomeMy WebLinkAboutReso 1972-6471RESOLUTION NO. 6471
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING THE RELEASE OF THAT CERTAIN DEFERRED
IMPROVEMENT AGREEMENT BETWEEN THE CITY OF CHULA VISTA
AND HAROLD M. AND RITA T. BENHARDT, RECORDED MARCH 13,
1972, AS FILE NO. 59817
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, Harold M. and Rita R. Benhardt have heretofore
entered into an agreement with the City of Chula Vista providing
for the installation of certain improvements on their property,
in the amount of $2,000.00, and
WHEREAS, said agreement provided for the imposition of
a lien upon the property owned by the Benhardts, and
WHEREAS, the Benhardts now desire to refinance the
property, and
WHEREAS, in order to do so, it will be necessary to obtain
a release of the lien, and
WHEREAS, it is agreed that in place of the lien, a deposit
of $2,000.00 will be pledged to the City of Chula Vista to be used
solely and exclusively for the purposes outlined herein, and said
deposit will be made, concurrently with the release of the lien, in
the San Diego Federal Savings and Loan Association.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Chula Vista that based upon the representations of the
San Diego Federal Savings and Loan Association, that said improve-
ment agreement be, and the same is hereby authorized for release.
BE IT FURTHER RESOLVED that the Mayor of the City of Chula
Vista be, and he is hereby authorized and directed to execute the
release attached hereto and incorporated herein by reference as if
set forth in full.
BE IT FURTHER RESOLVED that the City Clerk of the City of
Chula Vista be, and she is hereby authorized and directed to forward
a certified copy of this resolution to the San Diego Federal Savings
and Loan Association.
Presented by
Georg D. L
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erg, City At
Approved as to form by
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ey George D. Lindberg, City Attorney
ADOPTED AND APPROVED BY THE CITY COUNCIL OF T~iE CITY OF
CH ULA VISTA, CALIFORNIA, this 13th day of June
by the following vote, t:o-wlt:
AY"ES• Ccsu.nc~~ Mme/i Hamilton, Hyde, Egdahl, Scott, Hobel
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NAPES: Cau.~^c.~ Pmen None
ABSENT: Catzrt~,c2m~n None
ATTES
STATE OF CALIFORNIA ';
~:GuNTY OF SAN DIEGO ~ ss
CITY OF CHULA VISTA
y , .~ENN1E M, E~U~ASZ, C~.~y C2~nFz ~~ ~Gie C~.~y c~~ Chc~ea V~.,a~ta,,
Ca2~vc~r~v~~a, Dv hE~RE~~ CERT"I~'~ ~G~a~t the abc~;e avid ~anegv~:ng ~~ u ~y:~~.E,
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Date June 13, 1972
TO: San Diego Federal Savings and Loan Association
National City Branch Office
Re: Release of Benhardt Improvement Agreement
Recorded March 13, 1972, as File No. 5981? `; ~. ~ ,; ;
This office has enclosed a Release executed by the City of Chula Vista
releasing of record the Agreement recorded on March 13, 1972, as
File No. 59817. You are authorized to record the same when you are
in a position to forward to this office the executed certification and
pledge, together with the savings account passbook indicating a deposit
of $ 2, 000. 00 in such account.
CITY OF CHULA VISTA
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UNANIP~iOUS CONSENT FOFct~'I
IT IS HEREBY REQUESTED by the undersigned that the following
a_tem, ~•aith the unanimous consent of the City Council of the City of
Chula Vista, be considered and acted upon by the Council pursuant
to the provisions of Section 1.1C of the Chula Vista City Code.
Resolution -Approving Release of Improvement Agreement between the City of
Chula Vista and Harold M. and Rita T. Benhardt
Unanimous Consent of the City Council, as indicated by the following
signatures: _
i~ QCs-° ~~> ~ z"'-L
The attorney representing the San Diego Federal Savings & Loan has contacted
the City Attorney requesting the release of that certain lien agreement
between the City of Chula Vista and the Benhardts to allow for the canpletion
of loan arrangements to Mr. and Nis. BP~hardt. It is felt that the release
with the tens proposed and the substitution therefor of a pledge in the
amount of $2,000 affords complete security to the City of Chula Vista.
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