HomeMy WebLinkAboutReso 1992-16688
CITY COUNCIL RESOLUTION NO. 16688
REDEVELOPMENT AGENCY RESOLUTION NO. 1260
RESOLUTION OF THE CITY COUNCIL AND REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA APPROVING THE FIRST AMENDMENT
TO LEASE AGREEMENT AND FIRST AMENDMENT TO MEMORANDUM OF
LEASE WITH THE HOMART DEVELOPMENT COMPANY FOR THE LEASE
OF CERTAIN REAL PROPERTY 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 Lease Agreement with
the Homart Development Company ("Homart") dated September 1,1987 (lithe 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 date
September I, 1987, pertaining to the Lease which was recorded in the San Diego
County Recorder's Office on September 23, 1987; and,
WHEREAS, Secti on 4.7 of the Lease provi des that Homart sha 11 have the ri ght
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 4.7
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 be~n
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 Lease Agreement and
First Amendment to the Memorandum of Lease with the Homart Development Company,
said documents known as document number C092-097, a copy of which is on file in
the office of the City Clerk, and also known as Document RACO-16-92 and on file
in the Office of the Secretary to the Redevelopment Agency, is hereby approved
-- -- -------
Resolution No. 16688
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
Ai? as to fo
~~"~"d
City Attorney
(JÁ-~
Chris Salomone
Community Development Director
- -------------------------------------------
Resolution No. 16688
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: Counc il members:
ABSENT: Counci lmembers:
ABSTAIN: Counc i 1 members:
Grasser Horton, Malcolm, Moore,
Rindone, Nader
None
None
None
~~/la-# ý-
Tim Nader, Mayor
ATTEST:
STATE OF CALIFORNIA)
COUNTY OF SAN DIEGO)
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. 16688 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.
ss.
Executed this 30th day of June, 1992.
--------------------------------
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JOINT RESOLUTION
REDEVELOPMENT AGENCY RESOLUTION 1260
CITY COUNCIL RESOLUTION 16688
RESOLUTION OF THE REDEVELOPMENT AGENCY AND CITY
COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE
FIRST AMENDMENT TO LEASE AGREEMENT AND FIRST
AMENDMENT TO MEMORANDUM OF LEASE WITH THE
HOMART DEVELOPMENT 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 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 I, 1987 pertaining to the Lease which was recorded in the San Diego
County Recorder's Office on September 23, 1987; and
WHEREAS, Section 4.7 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 4.7 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, TIIEREFORE, BE IT RESOLVED by the Redevelopment Agency
and City Council of the City of Chula Vista that the First Amendment to the Lease
Agreement and First Amendment to the Memorandum of Lease with the Homart
Development Company, said documents known as Document RACO-16-92 and on file in
the Office of the Secretary to the Redevelopment Agency, is hereby approved and the
lJO2
Resolution No. 1260
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
f sf 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. 1260 and that the same has not been amended or repealed.
Dated:
July I, 1992
~~
Chris Salomone
Executive Secretary
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