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HomeMy WebLinkAboutHUNTINGTON BEACH PUBLIC FACILITIES CORPORATION - 1977-07-05®< AGREEMENT FOR POSSESSION OF EMERGENCY OPERATIONS CENTER THIS AGREEMENT, made and entered into this --, day of 1977, by and between the City of Huntington Beach, a municipal corporation of the State of California, and Huntington Beach Public Facilities Corporation, c private n)nprofit corporation, locat..ed in the City of Huntington Beach, California, hereinafter respectively referred to as CITY and CORPORATION. W I T N E S S E T H: WHEREAS; CITY is fee owner'of land on which certain improvements have been constructed by CORPORATION under a lease and sublease agreement by the parties hereto, known as the Huntington Beach Civic Center, 1cc.ated at 2000 Main Street, Huntington Beach, and within the civic center are facili- ties known, as the Emergency Operations Center (EOC); and The Federal Defense Civil Preparedness Agency (DCPA) funded one-half of the construction of the EOC by paying to CITY $84,583.82; and CORPORATION Daid $169,167.64 for all of the construction of the UOC; and CITY now desires to raiiuduxse CORPORATION for the construction_ of the EOC and for CITY to retain possession of.rhe EGC for the full term of the sublease to wit until March 30, 1999, CORPORATION desires to give possession of the EOC to CITY for the full term of the CORPORATION'S bonded indenture,, to wit until March 30, 1999, subject to transfer of ovmership to the CITY upon earlier dischar.�e of the bonded indenture. PAGE ONE OF THREE PAGES NOW, THEREFORE, each of the parties hereto does hereby agree as follows: 1. CITY is to pay to CORPORA'ION $169,167.64 for possession, upon execution of this agreement, of the EOC for the full term of the CORPORATION bonded indenture or earlier discharge thereof. 2. CORPORATION will credit the CITY for.its obligations under the sublease, as follows: a. $84,533.82 immediately as a lump sum prepayment of rent on the EOC, and b. $84,583.32 to be prorated as prepaid rent over tie term of the sublease or earlier discharge of the bonded indenture. 3. CORPORATION agrees that CITY was entitled to possession as of ;larch 30, 1974 and has continued to be in possession as of that date, and is entitled to future possession, upon execution of this agreement, of the EOC for the full term of Lhe bonded indenture, and that CITY is to obtain title oranership of the entire Civic Center, including the EOC, upon com- pletion of its obligations to CORPORATION pursuant to t',�at certain lease and sublease dated January 15, 1972. 4. CITY and CORPORATION agree not to alter the EOC or the terms of this agreemet� 2ithout prier written approval by DCPA. IN WITNESS WHEREOF the parties hereto have set their hands and seals the dt;, month and year appearing below. BATED 1977 C OF H 7ING" , mun c 1 orp r tion 24ayo PAGE TWO OF THREE PAGES x ATTEST: APPROVED AS TO FORM: City Clerk City Attorney REVIEWED AND APPROVED: 1 ITIATED AND APPROVED C y Administrator DATED: �®,�, �— `�-� R a 1977 HUNTINGTON BEACH PUBLIC FACILITIES CORPORATION A private nonprofit corporation, B f _ y P es''dent Sec-1-- _y f i 3 p PAGE THREE OF THREE: PAGES �)•) i;?'i,t'NlY ,LaE.:Yi,.b , `-:%�`5R%k< .TJ4r y&'4`i'..rfF-:'a-.;...: ;....: ,.. ;,. .._.., ,__ ',. ..(. AGREEMENT FOR POSSESSION OF EMERGENCY OPERATIONS CENTER THIS AGREEMENT, made and entered into this 1114, day of �� 1977, by and between the City of Huntington Beach, a municipal corporation of the State of California, and Huntington Beach Public Facilities Corporation, a private rion-profit corpora- tion, 'Located in the City of Huntington Beach, California, here4_na£ter respectively referred to as CITY and CORPORATION, IV I T N E S S E T H: WHEREAS, CITY is fee owner of land on which certain improvements have been constructed by CORPORATION under a lease and sublease agree- ment by the parties hereto, knows, as the Huntington Beach Civic Center, located at 2000 Main Street, Huntington Beach, and within the Civic Center are facilities known as the Emergency Operations Center (EOC); and The Federal Defense Civil Preparedness Agency (DCPA) funded one- half of the construction of the EOC by paying to CITY $84,583.82; and CORPORATION paid $169,167.64 for all of the construction of the EOC: and CITY now desires to reimburse CORPORATION for the construction of the EOC and for CITY to retain possession of the EOC for the full term of the sub -lease; -.o wit until March 30, 1999; and CORPORATION desires to give possession of the EOC to CITY for full term of the CORPORATION'S bonded indenture, to wit until March 30, 1999, subject to transfer of ownership to the City upon earlier dis- charge of the bonded indenture, -1- fi CITY agrees t:c be jointly and severally liable with the State of California to refund DCPA a proportionate amount of DCPA's con- tribution to the construction of the EOC should CITY fail to main- tain possession of the EOC until. March 30, 1.999. NOW, THEREFORE, each of the parties hereto does hereby agree as follows: 1. CITY is to pay to CORPORATION $169,167.64 for possession, upon execution of this agreement, of the EOC for the full term of the CORPORATION bonded indenture or earlier discharge thereof. 2. CORPORATION will credit the CITY for its obligations under the sublease, as follows: a. $84,583.82 immediately as a lump sum prepayment of rent on the EOC, and b. $84,583.82 to be prorated as prepaid rent over the term of the sublease or earlier discharge of the bonded in- denture. 3. CORPORATION agrees that CITY was entitled to possession as of March 30, 1974. and has continued to be in possession as of that date and is entitled to future possession, upon execution of this agreement, of the EOC for the full term of the bonded indenture, and that CITY is to obtain title ownership of the entire Civic Center, including the EOC upon completion of the obligation to the CORPORATION pursuant to that certain lease and sublease dated 1/ISJ72. 4. CITY and CORPORATION agree not to alter ::he EOC or the terms of this agreement vithout prior written approval by DCPA. 5. CITY agrees to refund to DCPA a proportionate amount of DCPA's contribution to the construction of the EOC should CITY fail to maintain possession of the BOC uGcil March 30, 1999. Said refund shall be cal- culaced to cover, the unexpired portion of said twenty-five (25) year -Z_ i term of possession by City. IN WITNESS WHEREOF the parties hereto have set their hands and seals the day, month and year appearing below. DATED: _ f o 1977. ATTEST: Alicia M. Wentworth City Clerk By: ,/ yy� ./ - 'Vri� Deputy City Cler INITIATED AND APPROVED AS TO CONTENT: ty Administrator CITY OF HUNTINGTON BEACH, a Muni a1 corporation (By_ Mayor APPROVED TO FORM: �. Ci At'torn � �— DATED: July 6 , 1977. APPROVED AS TO FORM: Clayto Parker, Attorney for. �he HBPFC HUNTINGTON BEACH PUBLIC FACILITIES CORPORATION, a private nonprofit corporation By —ems i- / J� esidey ✓ f By — Secretary -3- PUBLI D."� Huntington Beach Public Facilities Corporation ,;, 17371 Gothard Street N� Huntington Beach, California 92647 June 30, 1977 M E M 0 T O F I L E SUBJECT: CITY/HBPFC AGREEMENT FOR POSSESSION OF EMERGENCY OPERATING CENTER (E.0,C.) The subject Agreement will provide for the resolution of the rights of retention of Federal Grant monies for the construction of the E.O.C. in the Civic Center Complex. The original Grant approval was for one half the cost of the E.O.C., conditioned that the City pay for the total initial construction. However, the Corporation (PFC) funded the total initial cost, thus creating a technical non-compliance with the Grant requirements. I am catalogging below the original inten- tion which would have complied with the Grant, the actual occurrence during construction, and finally the implementation of the Agreement which will be necessary for the Grant monies to be retained. A. ORIGINALLY - 1. City would pay for the E.O.C. in total. 2. The Federal Grant would pay the City for one-half the E.O.C. costs. 3. The City would have invoiced the HBPFC for one-half the E.O.C. costs. 4, NET EFFECT - City - NO COST: HBPFC -1/2 of costs; GRANT- i/2 costs. B. ACTUAL - 1. HBPFC paid total costs of E.O.C. 2. Grant monies were ordered returned, but were placed in Trust account pending a Resolution of the technical non-compliance. 3. NET EFFECT - CITY- NO COST; HBPFC - ALL COSTS: GRANT - NO COSTS; Loss to Huntington Beach taxpayers - 1,12 casts. C. AGREEMENT IMPLEMENTATION - 1. After execution of the Agreement, HBPFC will invoice the CITY for $169,167.64. 2. CITY will PAY to HBPFC $169,167.64. 3. HBPFC will credit the $169,'==7.64 as follows: a. $84,583.82 as a lump sum prepayment of rent. b. $84,583.82 as a prorated prepayment of rent over the life of the Bonds. c. City will furnish the D.C.P.A. a copy of the check and re- ceipt, and obtain an authorization to retain the $84,583.82 Grp. r,t. d. HBPFC will adopt a Resolution to direct the Trustee to return 1/25 of $84,583.82, for rent previously paid, at the end of each fiscal year. If possible with the Trustee only one Reso- lution will be adopted which will generate an automatic reim- bursement each year until Larch 30, 1999. If not possible, a separate Resolution will be needed each year. NET EFFECT CITY - NO COST - HBPFC - 1/2 COST: GRANT 1/2 COST. e. NOTE: Neither 3 (a) nor 3 (b) affect the annual rent payment required by the lease and sub -lease. page 2 -- Memo to File City/PFC E.O.C. Agreement The net effect of the Agreement implementation is identical to that of the original intention, that the City would bear no final costs of the E.O.C., and other than via rent payments, and that the Federal Grant and the HBPFC would each fund one half the costs. I trust the above explanation of the mechanics necessary to implement the Agreement will assist those members of the City Council and the Direc- tors of the Corporation in understanding the various steps involved. APPROVED: ,_/D RECTOR APPROVED: DWK:ajo cc: F. G. Belsito HBPFC: Directors Very Truly Yours, '/"V /,;.- z -� Donald W. Kiser, Assistant Secretary/HBPFC APPROVED: Frank B. ArguEUlo, Finance Director Assistant Secretary/HBPFC APPROV D: Floyd . Belsito, City A ministrator f rigton Beach Public Facilities Corporation tNCORPORATEO m 17371 Gothard Street NOVEMF9HR 27,1970 ca Huntington Beach, California 9264.7 e b TO: Floyd G. Belsito, City Administrator City of Huntington.Beach June 30, 1977 SUBJECT: HBPFC/Cityy Agreement on E.O.C. APPROVED BY CITY COUNCIL .f" 19Z2.. CITY LERK Transmitted herewith is the Agreement between the City of Hunt- ington Beach and the Huntington Beach Public Facilities Corporation regarding possession of the Emergency Operations Center for your trans- mittal to the City Council for their approval. The Agreement wording reflects that which you and Mrs. Houseal, a Director of the Corporation, resolved in your meeting with officials of the D.C.P.A. in Washington, D.C. this month. The Agreement has been approved by the City Attorney, the Corporation Attorney, and by the PFC Directors at their Regular Meeting of June 29, 1977. Completion of the mechanics necessary to fulfill this Agreement will span twenty-two years. It will provide that the citizens of Huntington Beach receive the monies from a previously arranged for Federal Grant that otherwise would be lost, and this Grant amounts to a sum of $84,583.82. I indicated to the PFC Board on June 29th that I would prepare a Memo To File which would explain the mechanics of the actions necessary to effect the completion of -the covenants of the Agreement; and I am at- taching a copy of this document for your own file and consequent forward- ing to the City Council if you so desire. I will appreciate your submission of the Agreement to the City Coun- cil for approval and execution. Mr. Arguello and/or the undersigned will arrange for the various elements necessary to complete the transactions required by the City and the Huntington Beach Public Facilities Corpora- tion. Donald W. Kiser, Assistant Secretary - HBPFC DWK:ajo cc: PFC Directors