Loading...
HomeMy WebLinkAboutReso 1987-13013 RESOLUTION NO. 13013 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA GRANTING ITS INTEREST IN FIFTH AVENUE BETWEEN "H" AND "I" STREETS AND SOME RELATED FILLETS TO THE CHULA VISTA REDEVELOPMENT AGENCY The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the City Council of the City of Chula Vista has previously vacated Fifth Avenue between "H" and "I" Streets, and WHEREAS, said portion of Fifth Avenue and some related fillets are necessary to the redevelopment of the Town Centre Shopping Center pursuant to a Disposition and Development Agreement entered into by the Redevelopment Agency of the City of Chula Vista. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby approve the grant of all of its interest in Fifth Avenue between "H" and "I" Streets and some related fillets, more particularly described in Exhibit "A" to this resolution, to the Chula Vista Redevelopment Agency. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista be, and he is hereby authorized and directed to execute said grant deed on behalf of the City of Chula Vista. Presented and Approved as to form by T~omhs J>/~r~on, City Attorney 2837a ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, this 28th day of April 19 87 , by the following vote, to-wit: AYES: Councilmembers Halcolm, McCandliss, Cox, Moore, Nader NAYES: Councilmembers None ABSTAIN: Counci lmembers None ABSENT: Counci 1 members None Mayor Sity of Chula Vista -City Clerk ~TATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 1301s ,and that the same has not been amended or repealed. DATED ' (~ity Clerk - CIIY OF (:HULA CC-660 87 u 1146 ~COP~XHG g~u'~T~n ~y, .~ r~BF APR 30 The Redevelopment Agency of I C0UNIYI.I P. Kessel, Esq. F~FNFI Ren(~ Xerox Centre/Suice 3100 Chicago, Illinol~ 60603-5060 G~DEED {TX~ For vatu~ble consideration, the rec.ipt of ~hich is he~ebF acknovledged. Califomia (herein called "G~antor") acting to carry out the ledevelo~ent Plan (herein c~11ed "Redev~lopt,tent Plan") for the T~ Centre II Redevelo~ent Project, ~der the hereby grants to H~T DE~LO~ CO., a Del~vare (the "Property") legally described tn the docent ~tt~hed hereto, 1ab.led l~ibit A, and incorporated her~in by reference. ~e Property c~ri.es a portion of Teal property (the "Sit~") legal1? described in the dot.eat by thi~ reference. ~ covenant~ eontain.d in thim GRAD: Dee~ benefit and burden all of the r.al property cqrlsing 1. ~e Propert~ i~ conveyed ~ubJeet to the and Deveto~ent kgree~nt dated Aprit 28, 1987 and its Rider ~ted April29, 1987 (together, the "DNA") ent~rsd into by conveyed ~ubJecC to e48~nt, of record. Site for oth.r th~ the us~s ~p~eifi.d In th* R*d*v~to~nz ~lan and the DnA. ~ ll&? 3. The Crantee hereby covenants and agrees for maintain the improvements on the Site in firft-class condition and repair, and in accordance with all applicable by federal, state, county, municipal, and other governmental 0~/01/~1 to O~13Of~ 8,500,000 Decision Date ~a~me.~t Amoun~ 05/01/96 to 04/30/97 05/01/98 to 04/30/99 5,~00,000 05/01/99 to 04/30/00 05/01/00 to 04/30/01 flS/Ol/Ol to 04/30/02 4,000,000 05/0]/02 to 04/30/03 3,:i00,000 05/01/03 to 04/30/04 3J:00,000 05/01/04 to 04/30/05 2,500.000 05/01/05 to 04/30/06 2,000,000 05/01/06 to 04/30/0? 1,500,000 05/01/07 to 04/30/08 1,000,000 After 05/01/08 500,000 ~nterest, shall fail to keep the Site free o~ debris or diligently prosecuted to completion, vithin chirr 3 6. The Grantee covenants by and for itself, its there shall be no discrimination against or ~egregation of claimin8 under or through it establish or per~lt any illth vendees in the Property. shall contain or be subject to substantially the Iollo~ng (a) In deeds: "The grantee I[ereln covenants by and £or himself or herself, his or h~r heirs, discrimination r~ainst or segregation of any person or land herein conveTed, nor shall the grantee himself or her, establish or per. it an! such practica or practices account of race, color, creed, religion, sex, mrlta~ tenure or enl0y~ent of the land herein leased nor shall da}, o£ ~ , 1987. ~.thl, ,~ d,, or~/. ~ th, ~..~ ~ ~ 1153 oeroo~mll ....... / m~ ~n~queu~ ol ~e officer) be the pqrson executed it. {~ended, operifl~e S/12/82) 1156