HomeMy WebLinkAbout1994-12-13; City Council; Resolution 94-3270 0
1
2
3
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
RESOLUTION NO. 94-327
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING A PURCHASE AGREEMENT WITH THE HUNTlNGTONBEACHCOMPANY,APPROPRlATlNGFUNDS,ANDRELATED ADMINISTRATIVE ISSUES FOR THE PURCHASE OF PROPERTY FOR A FUTURE MUNICIPALGOLFCOURSE FACILITY.
WHEREAS, the citizens of the City of Carlsbad, California, previously apprc
special election vote in June 1989, as required by Chapter 1.24 of the Carlsbad ML
Code, the expenditure in excess of $1,000,000 for development of a municipal golf (
and
WHEREAS, the acquisition of property to facilitate the development of said mi
golf course facility is an authorized use of said funds; and
WHEREAS, the City and representatives of The Huntington Beach Compan
completed negotiations for the City's purchase of certain real property within the
Carlsbad intended to be used by City for said purpose; and
WHEREAS, a purchase agreement has been prepared for said sale
aforementioned real property to City; and
WHEREAS, the fund balance in the Golf Course Enterprise Fund contains su
funds for said purchase; and
WHEREAS, a refund of $375,408 in development fees paid by the Huntington
Company is in order because no City of Carlsbad expenses were incurred; and
WHEREAS, the City Council of the City of Carlsbad, California, does hereby
necessary, desirable, and in the public interest to approve said agreement.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Ca
California, as follows:
1. That the above recitations are true and correct.
2. That an agreement entitled Purchase and Sale Aqreement and E
Instructions between the City of Carlsbad and The Huntington Beach Company is I
approved and the Mayor is authorized and directed to sign said agreement.
a a
1
2
3
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
....
3. That the City Clerk is authorized to send a duplicate original of said agrc
to The Huntington Beach Company, attention Mr. Mark Urban, c/o Chevron Lat
Development Company, 1660 Hotel Circle North, Suite 620, San Diego, California
one (1) original to the escrow agent, First American Title Insurance Company, Attent
Trish Erickson, 41 1 Ivy Street, San Diego, California 92101, and one copy
Community Development Department.
4. That the City Council does hereby authorize the Finance Direc
appropriate $962,500 from the Golf Course Enterprise Fund for the purchase of pr0p.e
current year special district payments.
5. That the City Council does hereby authorize the Finance Dire(
appropriate $256,361 from the General Fund balance to refund certain Huntington
Company fees, the remaining $1 19,047 is to be refunded from the Planned Local Dri
Area Fund and the Street Lighting Benefit District Fund.
6. That the City Council does hereby approve the release and return
property owners certain bonds held by City which were previously posted as condit
the above referenced map. Following the City Council's approval of this resolution, Ci
is authorized and directed to prepare the necessary documentation to comple
transaction and to affect said release and return of said bonds and the City Clerk is
authorized and directed to sign said documents on behalf of the City.
7. That the City Council does hereby accept the corporation grant deed frc
Huntington Beach Company.
....
....
....
....
2
d e 0
1
2
3
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
PASSED, APPROVED, AND ADOPTED at a regular meeting of the Carlsbz
Council held on the 13th day of DECEMBER , 1994, by the following vote, to
AYES: Council Members Lewis , Nygaard, Kulchin, Finnila, Hall
NOES: None
ABSENT: None
ATTEST:
ALETHA -r+ L. RAUTENKRANZ, City C erk
(SEAL)
3