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HomeMy WebLinkAboutReso 1998-19050 RESOLUTION NO. 19050 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE FIRE STATION NO. 4 SECOND DEFERRAL AGREEMENT WHEREAS, the City's current agreennent with Rancho Del Rey Investors, L.P. (the McMillin Companies) to extend the deferral for the advancement of funds for relocating Fire Station No. 4 was predicated upon the City adopting an updated Public Facilities Development Impact Fee Program (PFDIF) by July 1, 1998; and WHEREAS, as the PFDIF will not be presented to the City Council for action until after July 1, 1998, an extended deferral agreement is necessary; and WHEREAS, it is necessary to extend the final date for which advance funds from McMillin would be due if not otherwise paid pursuant to the terms of the Second Deferral Agreement. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby approve the Fire Station No. 4 Second Deferra~ Agreement, a copy of which shall be kept on file in the Office of the City Clerk as Document No. CO98-102. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby authorized and directed to execute said Second Deferral Agreement on behalf of the City of Chula Vista. Presented by Approved as to form by Resolution 19050 Page 2 PASSED, APPROVED, and ADOPTED by the City CoLincil Of the City of Chula Vista, California, this 23rd day of June, 1998, by the following vote: AYES: Councih~qembers: Padilia, Rindone, Salas and Horton NAYES: Councihnembers: None ABSENT: Councilmembers: Moot ABSTAIN: Counciln~embers: None Shirley Hor~n7 Mayor ATTEST: ¢¢2Beverly A. Authelet, Ci STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 19050 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 23rd day of June, 1998. Executed this 23rd day of June, 1998. B~erl~ A. Authelet,