HomeMy WebLinkAbout1991-01-08; Municipal Water District; Resolution 705I
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RESOLUTION 705
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD MUNICIPAL WATER DISTRICT, ACCEPTING A WATER LINE EASEMENT AND A SUBORDINATION AGREEMENT FOR LOT 57, CARLSBAD TRACT 85-24, IMMUNE RESPONSE,
CARLSBAD RESEARCH CENTER UNIT 4, CMWD PROJECT NO. 89-C-307
WHEREAS, BDN Carlsbad #1 Limited Partnershir
submitted a Water Line Easement conveying an easement tc
Carlsbad Municipal Water District for waterline purposes o
portion of Lot 57, Carlsbad Tract 85-24, Immune Resp
Carlsbad Research Unit 4, CMWD Project No. 89-C-307; i
Subordination Agreement from First Interstate Bank of Califc
which provides that foreclosure or other enforcement of 1:
under said deed of trust shall not affect said easement att
thereto and shall be made a part thereof; WHEREAS, the Boa
Directors of the Carlsbad Municipal Water District has deter
it to be in the public interest to accept said Deec
Subordination Agreement:
NOW, THEREFORE, BE IT RESOLVED by the Boar
Directors of the Carlsbad Municipal Water District as folio%
1. That the above recitations are true and corrc
2. That the Grant Deed from BDN Carlsbad #1 Lj
Partnership dated September 2, 1990 conveying an easemer
waterline purposes and a subordination agreement from
Interstate Bank of California to agree that foreclosure or
enforcement of rights under said deed of trust shall not z
said easement over a portion of Lot 57, Carlsbad Tract t
Immune Response, Carlsbad Research Center Unit 4, CMWD PI
No. 89-C-307 which is on file with the Carlsbad Municipal
District and is incorporated herein by reference, is accepte
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3. That the Secretary of the Board is authori:
cause the original Deed and Subordination Agreement
recorded in the office of the County Recorder of Sari
county, State of California, with the appropriate Certific<
Acceptance attached.
PASSED, APPROVED AND ADOPTED at a regular meet:
the Carlsbad Municipal Water District held on the 8th
January , 1990 by the following vote, to wit:
AYES: Board Members Lewis, Kulchin, Larson, Stanton and Nygaar
NOES: None
ABSENT : None
ATTEST:
" ALETHA L. RAUTENKRANZ, Secretary
(SEAL)
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CMWD 89-C-307
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