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HomeMy WebLinkAboutReso 1992-16666 CITY COUNCIL RESOLUTION NO. 16666 REDEVELOPMENT AGENCY NO. 1259 RESOLUTION OF THE CITY COUNCIL AND REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVING THE FIRST AMENDMENT TO SITE LEASE AND FIRST AMENDMENT TO MEMORANDUM OF LEASE WITH HOMART DEVELOPMENT COMPANY FOR THE LEASE OF CERTAIN REAL PRDPERTY LOCATED AT THE CHULA VISTA CENTER IN THE CITY OF CHULA VISTA, CALIFORNIA The City Council and Redevelopment Agency of the City of Chula Vista do hereby resolve as follows: WHEREAS, the City and Agency entered into a certain Site Lease Agreement with the Homart Development Company ("Homart") dated September I, 1987 ("the Lease") for certai n real property located at the Chul a Vi sta Center, 555 Broadway, within the City of Chula Vista, California; and, WHEREAS, Homart and the Agency executed a Memorandum of Lease dated September I, 1987, pertaining to the Lease which was recorded in the San Diego County Recorder's Office on September 23, 1987; and, WHEREAS, Section 8 of the Lease provides that Homart shall have the right to substitute for the leased parcel in whole or in part any other parcel situated within the site provided that certain conditions set forth in said Section 8 are satisfied; and, WHEREAS, Homart now request to substitute a portion of this site for a portion of the leased parcel in qrder to accommodate the second expansion of the Chula Vista Center; and, WHEREAS, the conditions in Section 8 of the Lease Agreement have been satisfied and Homart and the Agency desire to amend the Lease and the Memorandum to modify the leased parcel as herein set forth. NOW, THEREFORE BE IT RESOLVED by the City Council and Redevelopment Agency of the City of Chula Vista that the First Amendment to the Site Lease and First Amendment to the Memorandum of Lease wi th Homart Development Company, sai d documents known as document number C092-096, a copy of which is on file in the office of the City Clerk, and also known as Document RACO-15-92 and on file in the Office of the Secretary to the Redevelopment Agency, is hereby approved Resolution No. 16666 Page 2 and the Mayor of the City of Chula Vista and Chairman of the Redevelopment Agency of the City of Chula Vista is hereby authorized to execute said Agreement. Presented by Approved as to fo by 4J J Bruce M. Boogaar City Attorney ç¿,~/ Chri Salomone Community Development Director --- - ------- ------------ Resolution No. 16666 Page 3 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 30th day of June, 1992, by the following vote: YES: Councilmembers: NOES: Councilmembers: ABSENT: Counc il members: ABSTAIN: Councilmembers: Grasser Horton, Malcolm, Moore, Rindone, Nader None None None <C- ~~ Tim Nader, Mayor ATTEST: STATE OF CALIFORNIA) COUNTY OF SAN DIEGO) CITY OF CHULA VISTA) ss. !, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 16666 was duly passed, approved, and adopted at a joint City Council/Redevelopment Agency meeting held by the City Council held on the 30th day of June, 1992. Executed this 30th day of June, 1992. -------------- --------------------------- 978 e JOINT RESOLUTION REDEVELOPMENT AGENCY RESOLUTION 1259 CITY COUNCIL RESOLUTION 16666 RESOLUTION OF THE REDEVELOPMENT AGENCY AND CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE FIRST AMENDMENT TO SITE LEASE AND FIRST AMENDMENT TO MEMORANDUM OF LEASE WITH THE HOMART DEVELOP- - MENT COMPANY FOR THE LEASE OF CERTAIN REAL PROPERTY LOCATED AT THE CHULA VISTA CENTER IN THE CITY OF CHULA VISTA, CALIFORNIA THE REDEVELOPMENT AGENCY AND CITY COUNCIL OF THE CITY OF CHULA VISTA do hereby resolve as follows: WHEREAS, the Agency and City entered into a certain Site Lease Agreement with the Homart Development Company ("Homart") dated September 1, 1987 ("the Lease") for certain real property located at the Chula Vista Center, 555 Broadway, within the City of Chula Vista, California; and WHEREAS, Homart and the Agency executed a Memorandum of Lease dated September 1, 1987 pertaining to the Lease which was recorded in the San Diego County Recorder's Office on September 23, 1987; and WHEREAS, Section 8 of the Lease provides that Homart shall have the right to substitute for the leased parcel in whole or in part any other parcel situated within the site provided that certain conditions set forth in said Section 8 are satisfied; and WHEREAS, Homart now request to substitute a portion of this site for a portion of the leased parcel in order to accommodate the second expansion of the Chula Vista Center; and WHEREAS, the conditions in Section 8 of the Lease Agreement have been satisfied and Homart and the Agency desire to amend the Lease and the Memorandum to modify the leased parcel as herein set forth. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency and City Council of the City of Chula Vista that the First Amendment to the Site Lease and First Amendment to the Memorandum of Lease with the Homart Development Company, said documents known as Document RACO-15-92 and on file in the Office of the Secretary to the Redevelopment Agency, is hereby approved and the Mayor of the 980 ,,". Resolution No, 1259 ADOPTED AND APPROVED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, this 30th day of June 1992 by the following vote, to-wit: AYES: Members Grasser Horton, Rindone, Nader, Malcolm, Moore NOES: None ABSENT: None ABSTENTIONS: None /s/ Tim Nader Tim Nader Chairman ATTEST: ~~ Chris Salomone Executive Secretary STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO) 55: CITY OF CHULA VISTA) I, Chris Salomone, Executive Secretary to the Redevelopment Agency of the City of Chula Vista, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. 1259 and that the same has not been amended or repealed, Dated: July 1, 1992 ~~~ Chris Salomone Executive Secretary RECOROINGAEQUE ÞHO MAil TO: iTEO BY ~ 1 Ow-!A- U I sf11- 21, ~ N~-f\ýe , Cktr+- V~4-A I Cft q191[) 1992-0531936 981 DOC ~ 1992-0531 21-AUG-1992 03:11 ~~ RECDf:DS ~hi¡ ~¡[GC 'r' . ,,- ' -- pi'~E:TE Ei.iAHS, ~~I};~~[¡E~D~~~t ~LE' r""