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HomeMy WebLinkAboutReso 1993-17159 RESOLUTION NO. 17159 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA RESCINDING RESOLUTION NO. 15323 AUTHORIZING AN EXCHANGE OF PROPERTY WITH RANCHO DEL SUR PARTNERSHIP WHEREAS, on September 26, 1989, the City of Chula Vista approved an exchange of Open Space property with the Rancho del Sur Partnership, to facilitate the development of medical offices on Telegraph Canyon Road in the Sunbow I development; and, WHEREAS, the Telegraph Canyon Medical Office Partnership prepared the necessary documents to effect the exchange of land, which documents included a grant deed from the Partnership, a grant deed from the City and a grant deed consolidating the Partnership land; and, WHEREAS, the City received a cash deposit in the amount of $62,600 to guarantee the construction of landscape improvements, however, the partnership never executed the recording of the above documents; and. WHEREAS, on May 19, 1993, Mr. Jerry Alvord, Rancho del Sur Partnership, asked the City to rescind the Agreement for the land exchange and requested return of the cash deposit; and, WHEREAS, since the grant deeds have not been executed, the City can rescind the authorizing Resolution No. 15323 and return the cash deposit to the partnership, minus outstanding staff costs accrued against the project. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby rescind Resolution No. 15323 authorizing an exchange of property within Rancho del Sur Partnership and direct the return of the cash deposit to the partnership less staff costs of $2,300.00. Presented by ~asi ~ fo by City Attorney Resolution No. 17159 Page 2 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 13th day of July, 1993, by the following vote: YES: Councilmembers: Fox, Horton, Moore, Rindone, Nader NOES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Tim Nader, Mayor ATTEST: Beverly/A. Authelet, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 17159 was duly passed, approved, and adopted by the City Council held on the 13th day of July, 1993. Executed this 13th day of July, 1993. Beverly ~. Authelet, City Clerk T