HomeMy WebLinkAbout1978-08-03; City Council; Resolution 55001
2
3
4
5
6
7
8
9
10
11
12 0 6
d
0 18
19
20
21
22
23
24
25
26
27
28
RESOLUTION NO. 5500
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF CARLSBAD, CALIFORNIA
APPROVING AND AUTHORIZING THE
EXECUTION OF AN EXCHANGE AGREEMENT
AND ESCROW INSTRUCTIONS AND ALL
RELATED DOCUMENTS MADE EXHIBITS
THERETO BETWEEN THE CITY OF CARLSBAD,
THE PARKING AUTHORITY AND THE PLAZA
CAMINO REAL TO EFFECT THE BULLOCK'S
LAND EXCHANGE
WHEREAS, the Agreement, dated 5 November 1975, as amended,
by and between the City of Carlsbad, Parking Authority and Plaza
Camin.0 Real, provides for the expansion of the Plaza Camino Real
Regional Shopping Center; and
WHEREAS, ,Section 2.8 of said Agreement provides for an
exchange of land between the parties to create a site which will
acconunodate the Bullock's Store; and
WHEREAS, an Exchange Agreement and Escrow Instructions has
been prepared which is acceptable to all parties and which will
carry out the contemplated land exchange;
NOW, THEFLEFORE, BE IT RESOLVED by the City Council of the
City of Car1sba.d as follows:
1. Thatthe above recitationsare true and correct.
2. That the Exchange Agreement and Escrow Instructions
betwleen the City of Carlsbad, Parking Authority and Plaza Camino
Real,,which is on file with the City Clerk and incorporated by
reference herein, is hereby approved.
3. That the Mayor of the City of Carlsbad is hereby
authorized and directed to execute said agreement for and on
behalf of the City of Carlsbad.
4. That the Mayor of the City of Carlsbad is hereby
1
2
3
4
5
E
7
E
s
1c
11
1: 0
l!
2(
2:
2;
2
2.
2
2
2
2
authorized and directed to execute the Amendment to Lease Agreement
and Amendment to Plaza Camino Real Public Parking Lot Operating
Agreement, attached as Exhibits "D" and I'F" respectively to the
Exchange Agreement and Escrow Instructions, for and on behalf of
the City of Carlsbad. an adjourned
PASSED, APPROVED AND ADOPTED at 1 regular meeting of the
City Council of the City of Carlsbad, California, held on the
-- 3rd day of Auqust , 1978 by the following vote to wit:
AYES: Councilmen Packard, Skotnicki, Lewis and Anear
NOES : None
ABSENT: Councilwoman Casler
ATTEST :
(SEAL)
2.