HomeMy WebLinkAbout1991-06-18; Municipal Water District; Resolution 740f
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RESOLUTION NO. 740
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD MUNICIPAL WATER DISTRICT, ACCEPTING A
WATER LINE EASEMENT AND A SUBORDINATION
AGREEMENT FOR LOT 6, PARCEL MAP 11589, COSMOS
COURT, CMWD PROJECT NO. 90-C-350
WHEREAS, AXIOM AIRPORT PARTNERS, L. P. , a Ca
Limited Partnership, have submitted a Water Line Easement c
an easement to the Carlsbad Municipal Water District for w'
purposes over a portion of Lot 6, Parcel Map 11589, Cosmo,
CMWD Project No. 90-C-350; and a Subordination Agreement
American Interstate Bank, which provides that foreclosure 4
enforcement of rights under said deed of trust shall not
said easement attached thereto and shall be made a part tl
WHEREAS, the Board of Directors of the Carlsbad Mi
Water District has determined it to be in the public intc
accept said Deed and Subordination Agreements;
NOW, THEREFORE, BE IT RESOLVED, by the Board of D:
of the Carlsbad Municipal Water District as follows:
1. That the above recitations are true and COI
2. That the Grant Deed from Axiom Airport Pi
L.P., dated April 19, 1991, conveying an easement for wi
purposes and a Subordination Agreement dated May 9, 1991, j
American Interstate Bank to agree that foreclosure 01
enforcement of rights under said deed of trust shall not
said easement over a portion of Lot 6, Parcel Map 11589,
Court, CMWD Project No. 90-C-350, which is on file w
Carlsbad Municipal Water District and is incorporated he
reference, is accepted.
3. That the Secretary of the Board is authoriz
28 cause the original Deed and Subordination Agreement to be I
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in the office of the County Recorder of San Diego County,
California, with the appropriate Certificate of Accep
attached.
PASSED, APPROVED AND ADOPTED at special meetinl
Carlsbad Municipal Water District held on the 18th
June , 1991 by the following vote, to Wit:
AYES: Board Members Lewis, Kulchin, Larson, Nygaard, and St,
NOES: None
ABSENT : None
ATTEST :
(SEAL)
CMWD 90-C-350
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