HomeMy WebLinkAbout2014-06-03; City Council; Resolution 2014-1052
RESOLUTION NO. 2014-105
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, APPROVING AMENDMENT NO. 1 TO EXTEND THE
3 EXISTING GROUND LEASE AGREEMENT WITH CALLAWAY GOLF
COMPANY FOR PROPERTY OWNED BY THE CITY OF CARLSBAD
4 CONSISTING OF 0.843 ACRES, IDENTIFIED AS ASSESSOR'S PARCEL
NUMBER 212-270-08-00, AND AUTHORIZING THE MAYOR TO
5 EXECUTE ALL DOCUMENTS.
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WHEREAS, The City Council of the City of Carlsbad, California has determined that it is in
the best interest ofthe City to extend the existing Ground Lease agreement with Callaway Golf
Company for real property located in the City of Carlsbad, California, consisting of 0.843 acres,
APN 212-270-08-00; and
11 WHEREAS, the five-year lease extension of the existing Callaway Golf Ground Lease will
further the goals and objectives set forth in the 2014 City Council Priority Projects, which places
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a strategic focus on the creation of quality jobs and implementation of strategies to retain
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innovative companies and jobs in Carlsbad; and
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WHEREAS, Calloway Golf is one of the City of Carlsbad's largest employers and a critical
17 component of the City of Carlsbad's action sports manufacturing industry business duster; and
18 WHEREAS, Callaway Golf Company has agreed to terms and conditions of the ground
lease
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad,
California, as follows that:
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23 1- The above recitations are true and correct.
24 2. That Lease Amendment No. 1, identified as Exhibit 3, between the City of
25 Carlsbad and Callaway Golf Company is approved
3. That the Mayor is authorized to execute all documents related to leasing of APN
212-270-08-00.
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PASSED, APPROVED AND ADOPTED at a Regular Meeting ofthe City Council ofthe City
of Carlsbad on the 3^'^ day of June, 2014, by the following vote to wit:
AYES:
NOES:
Council Members Hall, Packard, Wood, Schumacher and Blackburn.
None.
ABSENT: None.
ATTEST:
BARBARA ENGLESON Clerk