1982-288RESOLUTION NO. 82R
A RESOLUTION AMENDING RESOLUTION NO. 81R -470
RELATING TO LEASE - PURCHASE FINANCING FOR
CERTAIN PARKING FACILITIES.
WHEREAS, on October 6, 1981, this Council did
adopt its Resolution No. 81R -470 authorizing lease-
purchase financing for certain parking facilities the
purpose of which Resolution was to induce Hilton Hotel/
C -D Investment Company (the "Developer ") to construct
certain parking facilities (the "Project ") in the City of
Anaheim; and
WHEREAS, for internal business reasons of the
Developer, the Project is now proposed to be undertaken
by C -D III, a California general partnership rather than
by the joint venture Hilton Hotel /C -D Investment Company
and, in addition, it is now estimated that the total prin-
cipal amount of the lease - purchase financing will be
$54,000,000 rather than $50,000,000 as was set forth in
Resolution No. 81R -470; and
WHEREAS, it is in the public interest and for
the public benefit that Resolution No, 81R -470 be amended
to conform to the facts of the Project as now determined.
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Anaheim as follows:
1. That Resolution No. 81R -470 be amended by deleting
all references to "Hilton Hotel /C -D Investment Com-
pany" and inserting in lieu thereof "C -D III, a
California general partnership ".
2. That Resolution No. 81R -470 be amended by deleting
all references (in written or numerical form) to
"$50,000,000" and inserting in lieu thereof
"$54,000,000".
3. That the amendments made by paragraphs 1 and 2 above
shall relate back to the date of adoption of Resolution
No. 81R -470 as if said amendments had been a part
of Resolution No. 81R -470 as originally adopted.
THE FOREGOING
by the City Council of
of June , 1982.
RESOLUTION is approved and adopted
the City of Anaheim this 8th day
MAYOR OF THE CITY OF ANAHEIM
ATTEST:
CI Y CLERK _, T E ITY OF ANAHEIM
FAL /vh
,l^
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 82R -288 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on
the 8th day of June, 1982, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Overholt, Kaywood, Roth and Bay
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
VACANCY: COUNCIL MEMBERS: One
AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said
Resolution No. 82R -288 on the 8th day of June, 1982.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 8th day of June, 1982.
CITY CLERK OF THE CI . F ANAHEIM
(SEAL)
I, LINDA D. ROBLRTS, City Clerk of the City of Anaheim,-do hereby certify that
the foregoing is the original of Resolution No. 82R -288 duly passed and
adopted by the Anaheim City Council on June 8, 1982.
CITY CLERK
Gim