HomeMy WebLinkAboutReso 1976-8140
RESOLUTION NO. 8140
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA AMENDING RESOLUTION NO. 7577 APPROVING ESCROW
AGREEMENT WITH AMERICAN HOUSING GUILD TO PROVIDE FOR
THE ASSIGNMENT BY AMERICAN HOUSING GUILD TO MCS
DEVELOPMENT, INC.
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, on January 7, 1975, the City Council approved
Resolution No. 7577 providing that the bid of American Housing
Guild-San Diego of $24,000 for vacant property located at the inter-
section of the extension of Palomar Street and Oleander be accepted
subject to the terms and conditions set forth therein, and
WHEREAS, MCS Development Inc., 23814 Malibu Crest Drive,
Malibu, California 90265 desires to be substituted in escrow for
American Housing Guild-San Diego as the purchaser of Parcel 2, on
Parcel Map 2886 according to map on file in the office of the
County Recorder of San Diego dated July 26, 1974, and
WHEREAS, the substitution in escrow of said MCS Develop-
ment Inc. for American Housing Guild-San Diego is agreeable to the
City Council of the City of Chula Vista, and
WHEREAS, said MCS Development Inc. has agreed to and
endorsed all conditions upon the sale of said property previously
approved by American Housing Guild-San Diego.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Chula Vista that the escrow instructions known as Bank of
America Escrow Instructions No. 232-11024 may be so amended to pro-
vide that title be vested in MCS Development Inc. upon the concur-
rence of all conditions previously applicable to American Housing
Guild-San Diego.
Presented by
r ~
J' Espinosa, P rchasing Agent
Approved as to form by
George Lindberg, City Attor ey
e
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA this 27th day of April ~
1976 by the following vote, to-wit:
AYES: Councilmen Scott, Hobel, Hamilton Hyde Egdahl
NAYES : Counci Zmen None
ABSENT: Councilmen None
Mayor of t
ATTEST ~~
Ci Clerk
S'T'ATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
ista
I, JENNIE M, FULASZ, CMC, CITY CLERK of the City of ,ThuZa Vista,
California, DO HEREBY CERTIFY that the above and foregoing is a full,
true and correct copy of
that the same has not been amended or repealed.
DATED
(.SEAL; ~
and
City CZer
CC-660