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HomeMy WebLinkAboutReso 1992-16726 RESOLUTION NO. 16726 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE AMENDMENT TO THE AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND OTAY RIO BUSINESS PARK FOR THE SALE OF PROPERTY FOR A NEW CITY CORPORATION YARD AND AUTHORIZING THE MAYOR TO EXECUTE SAME WHEREAS, on June 30, 1992, the City Council approved Resolution No. 16655 approving an "Agreement for the Purchase and Sale of Real Property" ("Agreement") with Otay Rio Business Park for a new corporation yard; and, WHEREAS, the Agreement is dated as of June 3, 1992, and was not executed by the City until July 15, 1992; and, WHEREAS, the dates in the Agreement defining the effective date and the close of escrow are no longer applicable because of the date of execution; and, WHEREAS, the Agreement will automatically terminate before its terms can be complied with unless the Agreement is amended to extend these dates. NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Chula Vista does hereby approved the Amendment to the Agreement between the City of Chula Vista and Otay Rio Business Park for the Sale of Property, known as document number C092-074A, a copy of which is on file in the office of the City Clerk. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby authorized and directed to execute said Amendment for and on behalf of the City of Chula Vista. Resolution No. 16726 Page 2 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 28th day of July, 1992, by the following vote: YES: Councilmembers: Grasser Hotton, Malcolm, 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. 16726 was duly passed, approved, and adopted by the City Council held on the 28th day of July, 1992. Executed this 28th day of July, 1992. / Beverly A~ Authelet, City Clerk