HomeMy WebLinkAbout2000-10-03; City Council; Resolution 2000-3121
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RESOLUTION NO. 2ooo-312
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, ACCEPTING A FIVE YEAR
LEASE AGREEMENT BETWEEN THE CITY OF CARLSBAD
AND MODETEK INC. FOR 2075 LAS PALMAS DRIVE.
WHEREAS, the City Council of the City of Carlsbad has determined that it is in the best
interest of the City to lease the property it owns located at 2075 Las Palmas Drive, Carlsbad, CA
92009; and
WHEREAS, the City Council has further determined that it accepts the terms of a five
year lease agreement with Modetek Inc. for lease of the property; and
WHEREAS, Modetek Inc. has provide the City with all required documentation, security
and deposits under the terms and conditions of the agreement attached hereto.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad,
California as follows:
1. That the above recitations are true and correct.
2. That the attached lease agreement, Exhibit 2, between the City of Carlsbad
and Modetek Inc. is accepted.
3. That an appropriation of $ 90,508 for Tenant Improvement Allowance is
authorized from the Public Facilities Fee Fund balance.
4. That an appropriation of $50,738 for Broker Fees is authorized from the
Public Facilities Fee Fund balance.
5. That an appropriation of $226,270 for a Supplemental Tenant Improvement
Allowance is authorized from the General Fund balance.
6. That the City Clerk is directed to record the Abstract of the Lease Agreement
with the San Diego County Recorder.
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PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council
3rd day of October 2000, by the following vote to wit:
AYES: Council Members Lewis, Finnila, Nygaard and Kulchin
NOES: None
ABSENT: Council Member Hall
Mayor
ATTEST:
City Cl P rk
(SEAL)
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