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HomeMy WebLinkAbout2001-12-11; City Council; Resolution 2001-3641 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 1x 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2o01-364 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROPRIATING $16,000,000 FROM COMMUNITY FACILITIES DISTRICT NO. 1 FOR THE ACQUISITION OF APN 212-062-12, APN 212-062-13, AND APN 212-062-14, AUTHORIZING THE MAYOR TO EXECUTE ALL DOCUMENTS ASSOCIATED WITH THE ACQUISITION OF THE PROPERTY, AUTHORIZING THE MAYOR TO EXECUTE ALL DOCUMENTS ASSOCIATED WITH THE LEASE BACK OF A PORTION OF 5815 EL CAMINO REAL TO FARMERS INSURANCE GROUP. WHEREAS, the City Council of the City of Carlsbad has determined that it is in the best interest of the City to acquire APNs 212-062-12,212-062-13,and 212-062-14, including all improvements, from Farmers Insurance %roup for a future city hall complex; and WHEREAS, the City Council has agreed to a purchase price of $15,700,000 for the subject properties and improvements; and’ WHEREAS, the City Council has agreed to leaseback a portion of 5815 El Camino Real, located on the subject property, to Farmer’s Insurance Group for a minimum of six months and a maximum oftwehe months; and WHEREAS on November 7,2001, the Carlsbad Planning Commission approved PCD/GPC 01-05 permitting the acquisition of this property by the City of Carlsbad. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California as follows: 1. That the above recitations are true and correct. 2. That an appropriation of $16,000,000 is approved, for purchase of the property, including the cost of all studies, reports, inspections, fees and expenses associated with the acquisition. 3. That the Mayor is authorized to execute all documents associated with the acquisition and transfer of interest in APNs 2 12-062- 12,2 12-062-l 3, and 212-062-14 to the City of Carlsbad. 15 ,/ i Id ‘, 17 18 19 20 21 22 23 24 25 26 27 28 4. That the Mayor is authorized to execute all documents associated with the lease back of a portion of the building located at 58 15 El Camino Real to Farmers Insurance Group. _.-. ....~~. PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council on the Bh day of DECEMBER 2001, by the following vote to wit: AYES: Council Members Lewis, Kulchin, Finnila, Nygaard NOES: Council Member Hall ABSENT: None . Mayor ATTEST: (SEAL) -2-