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HomeMy WebLinkAboutCC RES 78-32 RESOLUTION NO. 78-32 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, MODIFYING AND AMENDING CONDITIONS OF SALE OF CITY PROPERTY WITH FRONTAGE PARTIALLY ON "C" STREET, SECOND STREET, EL CAMINO REAL AND THIRD STREET. WHEREAS, Resolution No. 77-35 was regularly adopted by the City Council on April 1, 1977; and WHEREAS, pursuant thereto an agreement was entered into for tile sale of the property owned by City, making an irregular site having approximately 60,750 square feet with frontage partially on "C" Street, Second Street, El Camino Real, anti Third Street, in the City of Tustin; and WHEREAS, present circumstances permit City to relinquisl~ possession of the subject property as hereinafter set forth and Buyer is willing to commence and complete construction at earlier times than previously contemplated and agreed; and WHEREAS, City and Buyer wish to provide and agree for the earlier relinquishment of possession of the subject prop- ety and for the earlier commencement and completion on of construc- . .. tion thereon. NOW, THEREFORE, THE CIITY COUNCIL OF THE CITY OF TUSTIN HEREBY RESOLVES: 1. City will not lease and rt.,t.,'.~[n ttte use of Parcel "B" or any other portion of the subject property, except as provided herein. . The provisions of lc. (1.), 1. c. (2) and I.e. of Resolution No. 77-35 as conditions of sale are hereby modified as provided herein. · The City may use and occupy the subject property until April 1, 1978, and shall vacate and relin'quish possession by such date, provided, however, (l.) Tt~at in the event of inclement weather or other impediments, City may have until May 1, 1978, to vacate and relinquish possession, and (2) City may in any event occupy and use the parking .lot located on the northerl.y one-half of the subject property for storage purposes until September 1, 1978. Buyer shall commence construction within thirty (30) days after City vacates and relinquishes possession of all the subject property other than the parking lot .located on the northerly one-half of the subject property and, provided City vacates and relinquisl~es possess~o~ ~,f ~]! the subject property as provided in this resolution, Buyer shall complete construc- tion by December 31, 1978, ali. subject to the other provisions of the Disposition and Development Agreement between CJ. ty and Buyer dated on or about August ].9, 1977. · Except as expressly otherwise provided herein, the provisions of the aforedescribed Disposition and Development Agreement and Resolution No. 77-35 shall remain in full force and effect as conditions of sale and a copy of this Resolution shall be recorded concurrently with the Grant Deed to the subject property. ) In consideration of the foregoing, City authorizes the execution and delivery of a (grant Deed to the subject property. · The City Clerk is authorized and directed to prepare and deliver a certified copy of this Resolution together with the aforesaid deed to be recorded concurrently therewith. PASSED AND ADOPTED at a regular meeting of the City Council of 'the City of Tustin held on February 21, 1978. ATTEST- JGR' se"D' 2 / 21/78 DRAFT S: 4 -2- STATE O? CALIFORNIA) COUNTY OF OIb\:;GE )SS CITY OF TUSTIN ) · . . RUT]! C. POE, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that thee above and foregoing Resolution No. 78-32 was duly and regularly introduced, read, passed and adopted at a regular meeting of the City Council held on the 21st day of February, 1978, by thee following vote: AYES NOES: ABSENT: COUNCII24EN' SHARP, WELSH,_ EDGAR, SCHUSTER _ COUNCILMEN' NONE S ALT A RE LL I COUN CIL~'~E