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HomeMy WebLinkAboutReso 1985-12075 'Return To: 85-245860 166 P. O. Box 1097 12075 · la Vi~ ~o~a ~t RESOLUTION NO. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AMENDMENT TO THE COUNT SUBDIVISION IMPROVEMENT AGREEMENT OF JUNE 19, 1984 FOR OTAY VALLEY INDUSTRIAL PARK The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the City Council desires to insure that responsible and appropriate industrial uses locate in the area known as Otay Valley, and WHEREAS, the Subdivider of the property known as Otay Valley Industrial Park has informed the City Council that San Diego Gas & Electric Company desires to purchase the northerly portion of said subdivision, and WHEREAS, the City Council is confident that San Diego Gas & Electric will provide the type of development desired for this area, and WHEREAS, the requirements of the Subdivision Improvement Agreement for Otay Valley Industrial Park may not be necessary for the ultimate and best use of the property, and WHEREAS, the concerns of the City relating to public improvements and the best use of the property may be insured by the amendment of that certain Subdivision Improvement Agreement dated June 19, 1984 by and between the City and the Subdivider. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista hereby approves the Amendment to the Subdivision Improvement Agreement of June 19, 1984. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby directed to execute said Amendment to the subdivision Improvement Agreement of June 19, 1984. Presented by Approved as to form by /s/ John P. Lippitt ~~ f ~~, John P. Lippitt, Director of Charles R. Gill, Assistant Public Works/City Engineer City Attorney 0523a RESOLUTION NO. 12075 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AMENDMENT TO THE SUBDIVISION IMPROVEMENT AGREEMENT OF JUNE 19, 1984 FOR OTAY VALLEY INDUSTRIAL PARK The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the City Council desires to insure that responsible and appropriate industrial uses locate in the area known as Otay Valley, and WHEREAS, the Subdivider of the property known as Otay Valley Industrial Park has informed the City Council that San Diego Gas & Electric Company desires to purchase the northerly portion of said subdivision, and WHEREAS, the City Council is confident that San Diego Gas & Electric will provide the type of development desired for this area, and WHEREAS, the requirements of the Subdivision Improvement Agreement for Otay Valley Industrial Park may not be necessary for the ultimate and best use of the property, and WHEREAS, the concerns of the City relating to public improvements and the best use of the property may be insured by the amendment of that certain Subdivision Improvement Agreement dated June 19, 1984 by and between the City and the Subdivider. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista hereby approves the Amendment to the Subdivision Improvement Agreement of June 19, 1984. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby directed to execute said Amendment to the subdivision Improvement Agreement of June 19, 1984. Presented by Approved as to form by P Loh of Charles R. Gill, Assistant Public Works/City Engineer City Attorney 0523a ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF -IULA VISTA, CALIFORNIA, this 2nd day of July .... , 85 , by the following vote, to-wit: ~ES: Counci]members Scott, Moore, Cox, Malcolm, McCandliss ~,YES: Councilmembers None BSTAIN: Counci lmembers None 3SENT: Counci] members None e/City of Chulo Vista FTES/~/T.. City Clerl~ ~ FATE OF CALIFORNIA ) )UNTY OF SAN DIEGO ) ss. TY OF CHULA VISTA ) I, JENNIE Mm FULASZ, CMC, CITY CLERK of the City of Chula Vista, California, ) HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTTON NO. /~2.~ ~'-~ ,and fh(3t the some has not been omendedor repealed. ~TED (seal) City Clerk ;-660 AMENDMENT TO SUBDIVISION IMPROVEMENT AGREEMENT DATED JUNE 19, 1984 THIS AGREEMENT, mad~ and entered into this 2nd day of July , 1985, by and between THE CITY OF CHULA VISTA, a municipal corporation, hereinafter called "City" and OTAY VALLEY INDUSTRIAL PARK, a California General Partnership, 2650 Camin0 de] Rio North, Suite 100 / , San Diego, California 92108, hereinafter called "Subdivider" amends and becomes part of that certain document entitled "Subdivision Improvement Agreement" entered into by these parties on June 19, 1984; W I T N E S S E T H : WHEREAS, Subdivider has agreed pursuant to the Subdivision Improvement Agreement of June 19, 1984 to make certain improvements for the subdivision known as Otay Valley Industrial Park, and WHEREAS, Subdivider pursuant to the agreement of June 19, 1984 has posted bonds to insure that said improvements are completed, and WHEREAS, Subdivider has found a prospective purchaser of a portion of the Otay VAlley Industrial Park Subdivision, and WHEREAS, th~ prospective purchaser has indicated that the road known as Research Court may not be necessary for the successful development of the northerly portion of the subdivision, and WHEREAS, the City has indicated a desire to obtain quality industrial development in this area through the creation of a Redevelopment Area and the establishment of citizens groups to provide community input, and WHEREAS, the prospective purchaser of the northerly portion of the subdivision is San Diego Gas & Electric which has agreed to bond for any necessary improvements in place of Subdivider. NOW, THEREFORE, IT IS MUTUALLY UNDERSTOOD AND AGREED that the Subdivision Improvement Agreement dated June 19, 1984 is amended as follows: 1. Subdivider may transfer its obligation to improve that portion of the Otay Valley Industrial Park Subdivision referred to as Research Court. Said transfer of the obligation pertains only to those improvements westerly of the cross-gutter R-12075 on Research Court as shown on Drawing 82-90. The transfer of said obligation will be completed only upon receipt by the City of transferees acceptance of said obligation. 2. City agrees "to accept as substitution for Subdivider ' s bonds, which insure the completion of the improvements referred to in Paragraph 1, bonds of a like amount from the transferee referred to above. Upgn receipt of the bonds from the transferee, the City will release Subdivider from the bonding requirements of the Subdivision Improvement Agreement dated June 19, 1984 as they relate to the improvements in Research Court. 3. Subdivider and City agree that those provisions of the Subdivision Improvement Agreement dated June 19, 1984 not affected by Paragraphs 1 and 2 above, shall remain in full force and effect with all of the obligations, rights and responsibilities created by said document. 4. This amendment to the Subdivision Improvement Agreement dated June 19, 1984 shall expire on July 31, 1985 if the provisions of Paragraphs 1 and 2 are not completed. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed on the day and year first hereinabove set forth. THE CITY OF CHULA VISTA SUBDIVIDER: OTAY VALLEY INDUSTRIAL PARK ATT E S ff~f~J ~ ~/' City Clerk / STATE OF CALIF~NiA Onthisthe ' ,~ ~,D- dayof _~19 said State, personally appear~ ~~ ~. , personally known to me or ~roved to ex~ut~ the within instrument as ~ ..... FOR NOTARY SEAL OR STAMP of pa~ners of the pa~nership that ex.uteri the within inst~ment, and acknowl~ged to me that such pa~nership execut~ the same. WITNESS my hand and official seal. Signature