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HomeMy WebLinkAbout1976-05-04; City Council; 3481-3; Camino Real Shopping - Supplement to Agreement\ CITY OF CARLSBAD ,. . ... 1 u Initial: &t? Dept . Hd . AGENDA BILL NO. DATE : Mav 4. 1976 C, Atty.Vf& DEPARTMENT Citv Attoraev C. Mgr. > Subject : SECOND SUPPLEMENT TO AGREEMENT FOR THE EXPANSION OF THE CAMINO REAL SHOPPING CENTER. Statement of the Matter The City is in receipt of executed Agreements between the May Company and the City for the proposed expansion of the Plaza Camino Real Shopping Center. The City Manager and the City Attorney have conducted a series of negotiations with representatives of the May Company. As a result, the City Manager is recommending two changes to the Agreement. The May Company has already executed a Second Supplement to the Agreement incorporating these changes. The first would substitute a Bullock's department store for a Broadway store for all purposes of the Agreement. The second change adopts a revised Site Plan for the Center. The changes include a realignment of the proposed buildings and a reduction in size of the new public parking area. Exhibit Resolution No. ,3/9f approving Second Supplement to Agreement. Second Supplement to Agreement for Expansion of Plaza Camino Real Regional Shopping Center. Recommendation If the City Council concurs with the recommended changes, your action is to adopt Resolution No.3x98 , approving the Agreement and authorizing its execution by the Mayor. Council action 5-4-76 Resolution #3898 was adopted, approving the second supplement to the Agreement and authorizing Mayor to execute same. I 1 2 3 4 5 5 7 8 9 10 11 12 13 5 20 21 22 23 24 . 25 26 27 28 ^^ 3898 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD I CALIFORXIA , APPROVING A SECOND SUPPLEMENT , M'IE1JDIL'JG THE AGREEMENT BETWEEN AND PLAZA CAMINO REAL FOR EXPANSION OF PLAZA CAMINO REAL REGIONAL SHOPPING CENTER AND MENT . TI-IE CITY OF CARLSBAD , THE PARKING AUTHORITY AUTHORIZING THE I.IAYOR TO EXECUTE SAID AGREF- The City Council.of <he City of Carlsbad, Cal.ifornia, does hereby resolve as follows: 1. That that certain Second Supplement to Agreement dated November 5, 1975, between the City of Carlsbad, the Parking Authority and Plaza Camino Real for expansion of the Plaza Camino Real Regional Shopping Center, a copy of which is'attached hereto as Exhibit "A" and made a part hereof, is hereby approved. 2. That the May.or of the City of Carlsbad is hereby authorized and directed to execute said agreement for and on behalf of the City of Carlsbad. PASSED, APPROVED AND ADOPTED at a regular meeting of the / City Council of the City of Carlsbad, California, held on the 4th day of May , 1976, by the following vote, to wit: AYES : Councilmen Frazee, Lewis, Packard, Skotnicki and NOES : None Councilwoman Casler ABSENT: None ATTTEST : SEAL^ h L EXHIBIT "A" SECOND SUPPLEMENT TO AGREEMENT FOR EXPANSION OF PLAZA CAMINO REAL REGIONAL SHOPPING CENTER This Agreement is made this day of I 1976 by and between the City of Carlsbad, California (the "City"), the Parking Authority of the City. of Carlsbad, (the "Parking .* Authority") and Plaza Camino Real, a California limited partner- ' ship ("Developer" ) . WITNESSETH: - WHEREAS, the parties to this Agreement have heretofore entered into an Agreement dated November 5, 1975 for expansion of .the Plaza Camino Real Shopping Center. been amended by a First Supplement thereto dated Februar-y 3rd, Said Agreement has manner hereinafter set forth. NOW, THEREFORE, the parties hereto agree as follows: Attached to this Second Supplement as Exhibit A and made a part hereof is a site plan prepared by Shuirman-Rogoway & Associates and bearing a last revision date of April 22, 1976. The site plan attached to this Second Supplement is hereby substituted for <he site plan attached as Exhibit A to said Agreement. The term "Site Plan", as used in said Agreement, shall be deemed to refer to the site plan attached to this Second Supplement. All references in said Agreement to a Broadway department store shall be deemed to refer to a Bullock's department store. -1- * -2 .u IN WITNES WHERE F, Developer have signed this above written. ATTEST : ATTEST : ATTEST : the City, t,ie Parking ..ut,.ority and Agreement as of the day and year first CITY OF CARLSBAD /7 BY THE PARKING AUTHORITY OF THE CITY OF CARLSBAD, CALIFORNIA PLAZA CAMINO REAL, A Limited . . Partnership, . - By: The May Stores Shopping Centers, lnc., its General Partner ,. 1 .I t--