HomeMy WebLinkAboutReso 1989-13984 RESOLUTION NO. 13984
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AMENDING FY 1988-89 8UOGET TO PAY
FOR PROFESSIONAL SERVICES RELATED TO
DETERMINING CITY'S REVERSIONARY INTEREST IN
COMMUNITY HOSPITAL
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, in January, 1989, the City was informed that
Sharp Hospital would be acquiring Community Hospital, and
WHEREAS, on February 16, 1989, an initial meeting was
held with representatives of Community Hospital regarding Sharp's
intended purchase of the City's reversionary interest in
Community Hospital, and
WHEREAS, the reversionary interest held by the City and
the monetary value of that interest has to be negotiated since
Sharp will be buying back from the City that reversionary
interest, and
WHEREAS, to cover the anticipated costs for legal,
appraisal and/or other consulting services required for these
A egotiations, an appropriation of funds is required.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Chula Vista does hereby amend the FY 1988-89 budget
to pay for professional services related to determining the
City's reversionary interest in Community Hospital by
appropriating $10,000 from the unappropriated balance of the
General Fund.
Presented by Approved as to form by
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHU._A VISTA, CALIFORNIA, this ~ath dOy of FebrUarY
19 $9 , by the following vote, to-wit:
AYES: C0uncj]members McCandliss, Nader, Cox, Moore
NAYES: Counci 1 members None
ABSTAIN: Counci lmembers None
ABSENT: Counci lmembers Malcolm
Mo the CityChula Vista
___/- city cl rk
STA OF CALIFORNIA )
;OUNTY OF SAN DIEGO ) ss.
;ITY OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chulo Visto, Colifornio,
)O HEREBY CERTIFY thor the obove ond foregoing is o full, true ond correct copy of
RESOLUTION N0. 13984 ,ond thor the some hos not been omendedor repealed
,ATED
City Clerk
C-660