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HomeMy WebLinkAbout1994-07-19; City Council; Resolution 94-210hr *. 1 2 3 4 5 0 e RESOLUTION NO. 94-210 A RESOLUTION OF THE CITY OF CARLSBAD, CALIFORNIA DIRECTING MAYOR TO EXECUTE THE MEMORANDUM OF UNDERSTANDING BETV THE CITY OF CARLSBAD AND LEGO PARK PLANNING INC WHEREAS, the City of Carlsbad recognizes that future fiscal stabi 6 7 dependent upon development of a diverse business base drawing from tou II business, industry, commerce, agriculture and housing; and a 9 WHEREAS, development of the Carlsbad Ranch Project, has the pot1 10 for providing a substantial long-term positive economic benefit to the City; and 11 WHEREAS, the City Council directed staff to implement the Car I.2 Ranch Economic Development Strategy, which included an evaluation of ecor l3 (/incentives which could be offered by the City of Carlsbad to the Carlsbad Ranch pr 14 15 to facilitate its development; and 16 /I WHEREAS, LEGO World A/S, as a key partner in the developme 17 the location of the first U.S. LEGO Family Park; and I.9 a schedule of economic incentives to be offered to them, if Carlsbad were select1 18 Carlsbad Ranch, solicited from the City of Carlsbad and other state and local agen I 20 21 WHEREAS, the City participated in a meeting on May 12, 1993 various state and local agencies for the purpose of presenting a schedule of sp incentives to LEGO World A/S; and 22 23 24 WHEREAS, City staff presented a schedule of proposed incentives which v1 25 be recommended to the City Council for approval; and 26 28 27 WHEREAS, Carlsbad, California was selected as the site for LEGO’s first Family Park; and ,' * 0 e . 1 WHEREAS, LEGO World A/S is now requesting that the proposed incen 2 3 4 5 Carlsbad and LEGO Park Planning Incorporated; and 6 WHEREAS, the City Council agrees to terms and provisions which sha 7 ncluded in a Memorandum of Understanding, 8 9 10 11 12 13 [Jnderstanding and authorizes the Mayor to execute the document. 14 15 16 17 18 19 presented to them by City staff be approved by the City Council and memoria ':hrough the execution of a Memorandum of Understanding between the Cit NOW THEREFORE, BE IT HEREBY RESOLVED by the City Council of the Ci ::arkbad California as follows: 1. That the above recitations are true and correct. 2. That the City Council approves the content of the Memorandul PASSED, APPROVED, AND ADOPTED at a regular meeting of the Carlsbad .:ouncil held on the 19th day of JULY , 1994 by the follo vote, to wit: AYES: Council Members Lewis, Stanton, Kulchin, Nygaard, Finnila 20 22 ABSENT: None 21 NOES: None 23 TTEST: 25 2414 26i LUdzL dp h, 27 LETHA L. RAUTENKRANZ, City Clerk 28 SEAL) 11 If II n L I