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HomeMy WebLinkAbout1969-05-29; City Council; Resolution 1615a RESOLUTION NO. 161 5 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING THE TERMS OF THAT CERTAIN 1X)CUMENT ENTITLED "RECIPROCAL EASEMENTS AGREEMENT (PLAZA CAMINO REAL CENTER)" WHEREAS, this City Council has heretofore approved certain documents relating to the acquisition and financing of a certain municipal parking lot and acquisition and financing are to be carried out by this City Council and the Parking Authority of the City of Carlsbad; and WHEREAS, said municipal parking lot is to be adjacent to a certain shopping center known as "Plaza Camim Real Center;" and WHEREAS, there has been developed a certain document by and between Plaza Camino Real Center, a partnership; Department Store Company, a corporation; Inc., a corporation, a certain agreement entitled "Reciprocal Easements Agreement (Plaza Camino Real Center)" by which the development, maintenance and operation of said shopping center is described; and the May and J. C. Penney Company, WHEREAS, it is necessary and in the public interest that the parties to said Reciprocal Easements Agreement have certain rights in, over and to said municipal parking lot; NOW, THEREFORE, the City Council of the City of Carlsbad, California, does hereby FIND, RESOLVE, DETERMINE AND ORDER as follows: Section 1. That the interest of the City in said municipal parking lot be and the same hereby is declared to be subordinated to those of the parties to said Reciprocal Easements Agreement as referred to in the recitals hereof. Section 2. That the Mayor and City Clerk are hereby directed to execute such documents as may be necessary to effect said subordination. ADOPTED, SIGNED AND APPROVED this 29th day of April, Calif ornla ATTEST: 2. , STATE OF CALIFORNIA COUNTY OF SAN DIEGO 1 ss. CITY OF CARLSBAD I, Margaret E. Aclams, City Clerk of the City of Carlsbad, California, ID HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of said City and was approved by the Mayor of said City at a special meeting Apri 1 9 of said City Council held on the 1969, and that it was adopted by the following vote, to wit: 2gtkday of AYES : ABSENT: Councilman Jardine i L . -.. ~