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HomeMy WebLinkAbout1976-04-06; City Council; Resolution 3872RESOLUTION NO. 3872 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA APPROVING A FOURTH SUPPLEMENT TO IRTERIM 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, doe: hereby resolve as follows: 1. That that certain Fourth Supplement to Interim 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 Carl-sbad. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Carlsbad, California, held on the 6th day of Apri 7 , 1976, by the following vote, to wit: AYES: Councilmen Frazee, Lewis, Skotnicki and NOES: None Councilwoman Casler ABSENT: Councilman Packard ATTEST : /> AMs, F 422- City Clerk (SEAL) FOURTH SUPPLEMENT TO INTERIM PARKS AGREEMENT DATED OCTOBER 15, 1973 BETWEEN THE CITY OF CARLSBAD AND LA COSTA LAND COMPANY This Fourth Supplement to Interim Parks Agreement made this 6th day of April , 1976, by and between THE CITY OF CARLSBAD, a municipal corporation under the laws of the State of California (hereinafter called "City") and LA COSTA LAND COMPANY, an Illinois corporation (hereinafter called "La Costal') ; WITNESSETH: WHEREAS, La Costa and City entered into an interim parks agreement dated October 15, 1973, to provide for the scheduling of the dedication of the Master Plan Parks in connection with the La Costa Master Plan development and to clarify the procedure €or accomplishing 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 and 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 WHEREAS, La Costa and City entered into that certain Third Supplement to Interim Parks Agreement dated October -15, 1973 Between The City of Carlsbad and La Costa Land Company, dated August 5, 1975, wherein the time for recordation of dedication deeds was again extended for a period of six months: and c I 'WHEREAS, La Costa has prepared and submitted to City a draft of a revised arld amended Master Development Plan required by Ordinance No. 9322 and a draft of a definitive parks agreement as contemplated by the interim parks agreement; and WHEREAS, it is contemplated that time for review and adoption of such Master Development Plan and Parks Agreement may exceed several months; and WHEREAS, City is agreeable to accomniodate La Costa and'at the same time retain all rights to the parks reflected on the Master Plan in the agreement aforementioned; NOW, THEREFORE, in c,onsideration of the mutual promises and obligations contained in said agreement and herein, it is agreed as follows : 1. Section 3 of the 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 before one year after execution of -. - this Fourth 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 2. c in said Agreement dated October 15, 1973. IN WITNESS WHEREOF, the parties hereto have caused this Fourth Supplement to Interim Parks Agreement to be executed the day and year first hereinabove written. CITY OF CARLSBAD BY . ATTEST : flAi DAMS(, City Clerk LA COSTA LAND COMPANY BY FRED J. MOREY APPROVED AS TO FORM: APPROVED AS TO FORM: JOBN V. STANLEY Legal Counsel 3.