Loading...
HomeMy WebLinkAboutCC RES 02-091Internet 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 RESOLUTION NO. 02-91 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, APPROVING A QUITCLAIM DEED FROM THE CITY TO THE TUSTIN PUBLIC FINANCING AUTHORITY AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE QUITCLAIM DEED AND TO TAKE ALL NECESSARY IMPLEMENTING ACTIONS. I. The City Council of the City of Tustin finds as follows: A. On or about May 8, 2002, the City of Tustin ("City") contracted to acquire certain property located at the former Marine Corps Air Station ("MCAS") from the United States of America, which property has since been conveyed to the City. B. On or about May 10, 2002, the City entered into a Settlement and Release Agreement among the Santa Ana Unified School District ("District"), the. City, the Tustin Local Redevelopment Authority for the U.S. Marine Corps Air Station, Tustin, and the Tustin Public Financing Authority ("Authority") (hereinafter referred to as the Settlement Agreement). C. Pursuant to the Settlement Agreement, the City desires to cooperate with the Authority by quitclaiming property so that the Authority may furnish the District with a Promissory Note in the amount of Sixty Million Dollars ($60,000,000.00) and a Deed of Trust to secure the Note. D. The obligations and is not a Act ("CEQA"). City's Quitclaim Deed is proposed solely to secure financial "project" within the meaning of the California Environmental Quality II. The City Council of the City of Tustin resolves as follows: A. That the approval of the Quitclaim Deed is not a "project" within the meaning of CEQA. B. That the City Manager is authorized' to sign the Quitclaim Deed to the Authority, attached hereto as Exhibit "A"; to deliver the Quitclaim to the Authority; and to take all necessary implementing actions. Tustin Resolution re: Execution of Quitclaim Intemet 1 2 3 4 5 6 7 ATTEST: 8 U IICITY CLERK 11 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin held on the 23rd day of September, 2002. J~FC'L:f~Y 'I'HOMAS, MAYOR OR TRACY WILLS WORLEY, MAYOR PRO TEM -2- Internet 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 EXHIBIT "A" (Quitclaim Deed) City of Tustin RESOLUTION CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF ORANGE )SS CITY OF TUSTIN ) RESOLUTION NO. 02-91 I, PAMELA STOKER, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, hereby certifies that the whole number of the members of the City Council of the City of Tustin is five; and that the above and foregoing Resolution No. 02- 91 was adopted at a special meeting of the City Council held on the 23rd day of September, 2002, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: Thomas, Wodey, Bone, Doyle None None Kawashima Pamela Stoker, City Clerk