HomeMy WebLinkAboutReso 1986-12704 Revised 9/8/86
RESOLUTION NO. 12704
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING THE AGREEMENT BETWEEN
THE CITY OF CHULA VISTA AND SCRIPPS MEMORIAL
HOSPITAL FOR SALE OF THE CITY'S REVERSIONARY
RIGHT AND AUTHORIZING THE MAYOR TO SIGN THE
AGREEMENT ON BEHALF OF THE CITY IN
SUBSTANTIALLY THE FORM OF THE SALES AGREEMENT
WITH SUCH CHANGE THERETO AS THE MAYOR WITH THE
ADVICE OF THE CITY ATTORNEY MAY REQUIRE OR
APPROVE SUCH APPROVAL TO BE CONCLUSIVELY
EVIDENCED BY THE EXECUTION AND DELIVERY THEREOF
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, Scripps Memorial Hospital has offered to
purchase the reversionary interest of the City of Chula Vista in
Bay Hospital, and
WHEREAS, this purchase would be completed
contemporaneous with the defeasance of the bonds which were
issued by Bay Hospital, and
%~HEREAS, the proposed agreement will be in substantially
the same form as before the Council tonight with whatever minor
c~]anges are required by the Mayor upon the advice of the City
Attorney.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Chula Vista does hereby approve the Sales Agreement
between the City of Chula Vista and Scripps Memorial Hospital as
presented.
BE IT FURTHER RESOLVED that the Mayor is hereby
authorized for and on behalf of the City to enter into an
agreement with Scripps Memorial Hospital in substantially the
form as the Sales Agreement with such changes thereto as the
Mayor, with the advice of the City Attorney, may require or
approve, such approval to be conclusively evidenced by the
execution and delivery thereof.
BE IT FURTHER RESOLVED that the final terms of the sale
of the facility of Bay Hospital shall be as provided in the Sales
Agreement as finally executed.
Presented and Approved as to form by
.~T~omas J~rron, City Attorney 1963a
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, this 4th de,/ of September
19 86 , by the following vote, to-wit:
AYES: Councilmembers Cox, Malcolm, Moore, Campbell, McCandliss
NAYES: Counci 1 members None
ABSTAIN: Counci lmembers None
ABSENT: Counci 1 members None
~City of Chula Vista
City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, JENNIE M, FULASZ, CMC, CITY CLERK of the City of Chulo Vista, California,
DO HEREBY CERTIFY that the above and foregoing is o full, true and correct copy of
RESOLUTION NO,
,and that the some has not been amended or repealed
DATED
City Clerk
CITY OF
CHUI.A VISi'A
CC-660