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HomeMy WebLinkAbout1975-08-05; City Council; Resolution 3711RESOLUTION NO. 3711 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA APPROVING A THIRD SUPPLEMENT TO INTERIM PARKS AGREE- MENT BETWEEN THE CITY OF CARLSBAD AND LA COSTA LAND COMPANY, AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT. The City Council of the City of Carlsbad, California, does hereby resolve as follows: 1. That that certain Third Supplement to Inter&m Parks Agreement, between the City of Carlsbad and La Costa Land Company, a copy of which is attached hereto as Exhibit A and incorporated herein by reference, is hereby approved. 2. 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. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Carlsbad, California, held on the 5th day of August , 1975, by the following vote, to wit: AYES: Councilmen Frazee, Chase, Lewis, Skotnicki and NOES: None ABSENT: None Councilwoman Casler ATTEST : 'arnia (here1 called ''Ci:b?'') ard <L ,SL i' _I .,L) ~?,TP-wF~, 2 1 i::Lrl>Ls corFOryt:,jn (IiereinaItc-r cai1e.i ' 1~2 iz: T ! 7.. 3; s :< E T fi : WFTEEEAS, La Cosia arid City entered lilt0 ail ~nterim parks agreement dated October i5, 1973, to provide for the scheduling of th.r dedication of the -Master Plan Parks in connection wifn the La Costa Master Plan development and to clarify the procedure for accomplishir?g the dedication of San Marcos Canyon in accord with Ordinance No, 9322; and WHEREAS, La Costa and City entered into that certain First Supplement to Interim Parks Agreement dated October 15, 1973 Between The City of Carlsbad and La Costa Land Company, dated July 18, 1974, wherein La Costa and City modified the schedule for the accomplishment of the dedication of portions of San Marcos Canyon; and WHEREAS, La Costa and City entered into that certain Second Supplement to Interim Parks Agreement Dated October 15, 1973 Between The City of Carlsbad ~ild La Costa Land Company, dated February 4, 1975, wherein the time for recordation of dedication deeds was extended for a period of six months; and WIEREAS, La Costa has prepared and sub,rr.itted to City a draft of a revised and amended Xaster DeveloFment Plxi required by Ordinance No. 9322 and a draft of a definitive parks agreement as con- templated bj- the interim parks agreement; and WIIEREAS, it is contemplated that time for review and adoption of such Master Development Plan and parks agreement may exceed several months; and /..# JVl-IEKEAS, City is aqreeable to accommodate La Costa and at the same time retain all rights to the parks reflected on the Master Plan in the agreemeat aforementioned; NOW, THEHEFORE, In consideration of the mutual promises and obligations contained in szid agreement and herein, it is zgreed as €allows: 1. Section 3 of tlie Agreement dated October 15, 1973, to the contrary notwithstanding, any dedication deeds heretofore or hereafter deposited into escrow pursuant to the provisions of said Section 3, shall not be recorded befare six months after execution of this Third Supplement to Agreement, or adoption of said Master Development Plan, whichever shall sooner occur. 2. Except as expressly modified and amended herein, the parties hereby affirm each and every promise and obligation contained in said Agreement dated October 15, 1973. IN WITNESS WHEREOF, the parties hereto have caused this Third Supplement to Interim Parks Agreement to be executed the day and year first hereinabove written. CITY OF CkRLSBAD City Attorney W LA COSTA LAND COMPANY / -2-