HomeMy WebLinkAbout1998-10-13; Housing & Redevelopment Commission; Resolution 3014
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1 Ill HOUSING AND REDEVELOPMENT COMMISSION RESOLUTION NO. 301
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A RE3OLUTION OF THE HOUSING AND REDEVELOPMENT COMMISSIC
THE CITY OF CARLSBAD, CALIFORNIA AUTHORIZING EXECUTION OE
AGREEMENT BETWEEN BEACH SLEEP FURNITURE AND THE CARLSBI
REDEVELOPMENT AGENCY TO LEASE AGENCY-OWNED PROPERTY L
AT 2787 STATE STREET FOR THE PURPOSES OF OPERATING A RETAIL
FURNITURE BUSINESS.
WHEREAS, the Carlsbad Redevelopment Agency assumed ownership of the propert-
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2787 State Street, known as the Bauer Lumber Building on November 20, 1997; and,
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WHEREAS, the subject site was acquired by the Redevelopment Agency with the int
facilitating development of a new commercial project on the site as well as other properties at
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9 // of Grand Avenue and State Street at a future date; and, 10 /I WHEREAS, it is anticipated that it will be approximately four to five years before thc
11 ll be able to support additional commercial development at the subject site; and,
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WHEREAS, there is a need to make use of the building/property for retail purposes u
time at which new commercial development may occur at the site; and,
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WHEREAS, California Redevelopment Law permits the Agency to rent, maintain, ma
operate, repair and clear real property purchased for the purposes of redevelopment.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Con
the City of Carlsbad, California, as follows:
1. That the above recitations are true and correct.
2. The Commission hereby determines that the building located at 2787 State Street !
leased for retail business purposes to Beach Sleep Furniture for a five year period.
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* HRC Resolution No. 301 *
3. The Commission hereby authorizes the Chairman of the Housing and Redevelopm
Commission to execute the approved lease agreement between the Carlsbad RedeT
Agency and Beach Sleep Furniture for lease of the Agency-owned property locate
State Street, in substantially the form presented to the Commission and subject to
the City Attorney.
PASSED, APPROVED AND ADOPTED at a regular meeting of the Housing
Redevelopment Commission of the City of Carlsbad, California, on the 13th
October , 1998 by the following vote to wit:
AYES: Commissioners Lewis, Finnila, Nygaard and Kulchir
NOES: None
ABSENT: Commissioner Hall
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