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HomeMy WebLinkAbout1986-192 RESOLUTION NO. Rh lq? 1 RESOLOTION OF THE CITY OF SAN BERNARDINO AOTHORIZING AND 2 DIRECTING THE EXECUTION OF A CONSENT TO A SECOND AMENDMENT TO PARKING LICENSE AND EASEMENT WITH OPTION RIGHTS, CENTRAL CITY 3 COMMERCE CENTER (WOOLWORTH BUILDING) 4 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 5 6 SECTION 1. The Mayor of the City of San Bernardino is 7 hereby authorized and directed to execute a Consent to a Second 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Amendment to Parking License and Easement with Option Rights between the Community Development Commission of the City of San Bernardino and Central City Commerce Center, consent to which by the City of San Bernardino is required. A copy of said amendment is attached hereto as Exhibit "1" and incorporated herein by this reference as though fully set forth at length. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a ro~"l vr meeting thereof, held on the , 1986, by the following vote, to 7.nrl day of 111ne. wit: AYES: Council Members Estrada. Reilly HArn~nrlA7. Marks. Quiel. Frazier. Stri~klpr NAYS: None ABSENT: None M/?///?/?~~~ / City Clerk The foregoing resolution is hereby approved this ~c~ day June , 1986. of the City of SbnBernardino , Approved as to form: 1 2 tf2~~~e4/ 3 City Attorney 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2 , () ,.. -! /.~, lie ~(j '-fe;J SECOND AMENDMENT TO PARKING LICENSE AND EASEMENT WITH OPTION RIGHTS THIS SECOND AMENDMENT entered into effective the.. ~d. day of 9(A/>Al - , 1986, between the COMMUNI'l'Y- DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, hereinafter "Agency", and CENTRAL CITY COMMERCE CENTER, a California general partnership, as licensee, hereinafter "Center", and consented to by the CITY OF SAN BERNARDINO, hereinafter "City", amends that certain Parking License and Easement with Option Rights entered into between the parties on the 21st day of April, 1983, as previously amended pursuant to Resolution No. 4737 of the Community Development and Resolution No. 85-84 of the City of San Bernardino. 1. Recitals. The parties hereto desire to amend that certain Parking License and Easement with Option Rights, hereinafter referred to as the "Agreement", heretofore entered into as specified above, to provide for an additional two years within which Center is to complete the rehabilitation of the Woolworth Building, and to provide that Center agrees to pay the sum of $13,000 per year for each of the two additional years beyond Center's present obligations under the Agreement. Center further desires to actively negotiate with Central City Company to purchase the real property known as the "J" Building, including its parking spaces, from Central City Company prior to the fifteenth year of the option agreement granted to City or Agency by Central City Company, if such is possible, and seeks Agency and City's to such action. 2. Implementation. The parties therefore agree that: 1 1 2 3 4 5 A. Section 2 of the Agreement is amended to provide that Center agrees to rehabilitate the Woolworth Building as soon as a tenant can be reasonably located, and to rehab~litate the Woolworth Building to increase its valuation for ta~purposes by a minimum of $400,000, and that the rehabilitation shall be 6 completed not later than two years from the date of execution of 7 8 this amendment. B. Center shall pay to Agency, on or before the 21st 9 day of April in 1988 and 1989, the sum of $13,000 each year, 10 which shall have the effect of continuing Center's payments to 11 Agency for two years beyond its present obligation. 12 C. Center agrees to actively pursue the possible 13 purchase from Central City Company of the real property known as 14 the "J" Building, which has been developed as improved parking 15 spaces. City and Agency consent to such action, and agree to 16 support Center's actions in that regard. 17 3. In all other respects, the Parking License and Easement 18 with Option Rights as entered into on the 21st day of April, 19 1983, and as previously amended, shall remain in full force and 20 effect. 21 IN WITNESS WHEREOF, the parties have executed this Agreement 22 effective as of the date and year first set forth above. 23 Y DEVELOPMENT COMMISSION ITY OF SAN RNARDINO CENTRAL CITY COMMERCE CENTER A Calif. Gene al P. rt ship 24 25 By ( LCOX, ChairIrtan 26 (.~/kI 27 By 28 GLENDA SAUL, Secretary 2 1 The City of San Bernardino hereby consents to this 2 Agreement: 3 CITY OF SAN BERNARDINO : 4 5 By 6 Attest: 7 8 ~/'?,q~Y/ 9 city Clerk 10 Approved as to form: 1l c2 lX!4' By . --<,:{;.~4/. /7V-f/-<p/ 12 , City Attorney 13 14 BYJU~~ ((. ~ 15 Agency Couns 16 17 18 ] STATE OF CALIFORNIA ) ) ss. COUNTY OF SAN BERNARDINO ) On f)~vd-L/L 6--- . 1986, before me, JULIE A. TREADWELL, a notary public, personally appeared GLENDA SAUL, personally known to me to be the person who executed this instrument as Secretary, of the REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, and acknowledged to me that the REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO executed it. [ . OP""f:TAL SEAL -"JIIF. A T~EADWEll > . NOTARY PUBLIC - CALIFORNIA !M BEIlI+ARDtNO COUNTY My oomm. ..pm Jill 6, 1990 A. ~~LL TREADWELL, Notary Public rl1t:./lC " t CAT. NO. NN00830 TO '948 CA (9-84) (Partnership) STATE OF CAL~ORNI~ .10 COUNTY OF Ih.J ~k}M..l>, IV On ~ ;'JL ~llf q b said State, personally appeared . TICOR TITLE INSURANCE } ~. .. . .. '" before me, the undersigned, a Notary Public in and for U~OULl.s (\')b" -r. :<\\114-1-< . personally known to me or proved to me on the basis of satisfactory evidence to be the ~on 6 who executed the within instrument as o - of the partners of the partnership that executed the within instrument, and acknowledged to me that such partnership executed the samc. WITNESS my hand and Off~ Signature ~ rkJp e OFFICIAL SEAL TED G THEODOROU NOTARY PUBLIC - CALIFORNIA SAN BERNARDINO COIHlTY My comm. expires FEB 18, 1989 ~ = ~ (This area for official notarial seal) STATE OF CALIFORNIA ) ) ) ss. 1 COUNTY OF SAN BERNARDINO I Ii On ;f;..l-Cvnti.ut46 , 1986, before me, JULm A. TREADWELL, a notary public, personally appesred EVLYN WILCOX personally known to me to be the person who executed this instrument as Chairman of the REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, and acknowledged to me that the REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO executed it. . OFFICIAL SEAL JULIE A TREADWEll NOTARY PUBLIC - CALIFORNIA SIAN BERNARDINO COUNTY My comm. expires JUL 6, 1990 ~'J.J~~ E A. TREADWELL, Notary Public