HomeMy WebLinkAboutCity Council - 6370 RESOLUTION NO. 6370
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
HUNTINGTON BEACH CONSENTING TO THE APPROVAL BY THE
REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH
OF A FOURTH AMENDMENT TO THE DISPOSITION AND DEVELOPMENT
AGREEMENT BY AND AMONG THE REDEVELOPMENT AGENCY
OF THE CITY OF HUNTINGTON BEACH, ROBERT L. MAYER,
AS TRUSTEE OF THE ROBERT L. MAYER TRUST OF 1982,
DATED JUNE 22, 1982, AS AMENDED, AND WATERFRONT
CONSTRUCTION NO. 1, A CALIFORNIA LIMITED PARTNERSHIP
WHEREAS, the Redevelopment Agency of the City of
Huntington Beach (the "Agency") , by Resolution No. 223
dated March 16 1992, approved a Third Amendment to
Disposition and Development Agreement by and among the
Redevelopment Agency of the City of Huntington Beach, Robert L.
Mayer, as trustee of the Robert L. Mayer Trust of 1982, dated
June 22, 1982, as amended, and Waterfront Construction No. 1, a
California limited partnership (the "Third Amendment") ; and,
with regard to effectively implementing the purpose of the
Third Amendment the Agency has determined that it is necessary
for the parties to the Third Amendment to enter into a Fourth
Amendment to the Disposition and Development Agreement (the
"Fourth Amendment") .
NOW, THEREFORE, the City Council of the City of
Huntington Beach does resolve as follows:
SECTION 1; The City Council approves the Fourth
Amendment in the form on file with the City Clerk, and
authorizes the Agency Chairman or the Executive Director of the
Agency, or his written designee, to execute said Fourth
Amendment subject to final review and approval by the Executive
Director and the City Attorney and Agency Special Counsel.
1
SECTION 2 : The City Council authorizes and directs the
Executive Director of the Agency to execute the revised Morgan
Guaranty Trust Credit Agreement on file with the Agency
secretary and such other documents as may be determined by the
City Attorney and/or Agency Special Counsel to be necessary or
appropriate to implement and effectuate the Fourth Amendment.
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach at a regular meeting thereof held on the loth
day of April , 1992 .
Mayor
ATT: APPROVE AS TO ORM:
�i `
City Clerk ( / City Attorney
REVIEWED AND APPROVED: INITIATED AND APPROVED:
City Administrator Director, Economic Developit,-;:_,t
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6370
STATE OF CALIFORNIA Res„ No. 6370
COUNTY OF ORANGE ss:
CITY OF HUNTINGTON BEACH )
I , CONNIE BROCKWAY, the duly elected, qualified City
Clerk of the City of Huntington Beach, and ex-officio Cleric of the
City Council of said City, do hereby certify that the whole number of
members of the City Council of the City of Huntington Beach is seven;
that the foregoing resolution was passed and adopted by the affirmative
vote of at least a majority of all the members of said City Council
at a regular meeting thereof held on the loth day
Of Alpril 19 92 by the following vote:
AYES: Councilmembers:
Robitaille, Moulton-Pattg son. Winnhpll, ,SilvA !_ ;vP,-.n,�Ma0-A1lJ$t-Pr Kalb,
NOES: Councilmembers:
None
ABSENT: Councilmembers:
None
i y er an ex-officidKlerk
of the City Council of the City
of Huntington Beach, California