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HomeMy WebLinkAboutRedevelopment Agency - 225 RESOLUTION NO. 2,25- A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH TERMINATING THE PARTICIPATION AGREEMENT WITH COLLINS-ZWEIBEL WHEREAS, on December 20, 1982, the Redevelopment Agency of the City of Huntington Beach entered into a Participation Agreement with Collins-Zweibel Development, a California general partnership; and The purpose of the aforesaid Agreement was to redevelop a portion of the Talbert-Beach Redevelopment Project Area in the City of Huntington Beach; and Pursuant to a judgment of partition entered in Orange County Superior Court Case No. 51-61-47, entitled Robert H. Zweibel, et al . v. Leroy B. Collins, et al . , the interest of Collins-Zweibel Development in and to the real property comprising the Project Site of the aforesaid Agreement has been divided and sold; and It is therefore apparent that Collins-Zweibel Development is unable to complete its obligations undertaken pursuant to the aforesaid Agreement, NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach does hereby resolve' as follows : 1 .. That the Participation Agreement by and between the Redevelopment Agency of the City of Huntington Beach and Collins-Zweibel Development, dated December 20, 1982, is hereby terminated and extinguished. -1- PASSED AND ADOPTED by the Redevelopment Agency of the City of Huntington Beach at a regular meeting thereof held on the 20th day of July 1992 . 00000 Chairman ATTES'1: APPROVED AS TO FORM: Agency Clerk 4/.t5,;�.Agency At ney s- Zr-az REVIEWED' AND APPROVED: INITIATED AND APPROVED: Exe tive Direr Director of Economic Development -2- 225 Res. No. 225 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HUNTINGTON BEACH) I, CONNIE BROCKWAY, Clerk of the Redevelopment Agency of the City of Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Huntington Beach at a meeting of said Redevelopment Agency held on the loth day of July 1992 , and that it was so adopted by the following vote: AYES: Members: Robitaille, WinchPll � Silva, Green, MacAllister, Kelly NOES: Members: None ABSENT: Members: Moulton-Patterson Clerk of the 'Rideve f)pm gency of the City of Huntington B ch, Ca.