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71R-040 RESOLUTION NO. 7lR- 40 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM APPROVING THE TE&~ AND CONDITIONS AND AUTHORIZING THE ~~YOR AND THE CITY CLERK TO EXECUTE A SUPPLEMENTAL LEASE WITH THE COMMUNITY CENTER AUTHORITY. WHEREAS, City and Authority have heretofore, on May 1, 1965, entered in a Facility Lease (hereinafter referred to as tile "Facility Leasen) whereill Authority leased to City the land upon which Anaheim Convention Center (hereinafter referred to as the "Facility") was constructed for a term of thirty-five (35) years; and WHEREAS, City and Authority have heretofore also, on May 1, 1965, executed a Site Lease (hereinafter referred to as the USite Lease") wherein City leased to Authority the land upon which the Facility was constructed for term of forty (40) years; and WHEREAS, the Authority desires to lease to the City its interest under the Site Lease in the land upon which the Facility was constructed for an additional term of four (4) years and three hundred and sixty....four (364) days so as to make the sum of the terms of the Facility Lease and this Supplemental Lease one day less in duration than tIle term of the Site Lease; and WHEREAS, the Authority's interest in the Im1d which is the subject matter of this Supplemental Lease is not essential to the proper operation of the Facility or to the maintenance of the revenues of the Facility; and WHEREAS, the disposition of the Authority's interest in the land which is the su~ject matter of this Supplemental Lease does not impair or impede the operation of the Facility, but in fact enhances that operation; and WHEREAS, the disposition of the Authority's interest in the land which is the subject matter of this Supplemental Lease does not impair or irnpede th.e rights of the bondholders under Resolution No. 21 of the Autaority. NOW, THEREFORE, BE IT RESOLVED by the City Council of tile City of Anaheim that the terms and conditions of a Supplemental Lease between the Community Center Authority and the City of Anaheim be, and the same are hereby approved. BE IT FURTHER RESOLVED that the Mayor and the City Clerk are autho~ized to execute said Agreement on behalf of tne City of Anaheim. THE FOREGOING RESOLUTIOtJ is approved and signed by me 2nd day of __. Febr.u'!..~.L___' 19 71 . this ~ J' i /i, /d-' ~', '~.~ OF ANAHEI~l '\ . J/ ATTEST: OF ANAHElIvI ARtV' : k\"l STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) . ---.... SSe I, DENE M. WILLIAMS, City Clerk of the City.of Anaheim, do hereby certify that the foregoing Resolution No. 71R-40 was passed and adopted at a regular meeting of the City Council held on the 2nd day of February , 19 71, by the following vote of the members thereof: ---' AYES: COUl'lCILr.mN: Roth, Stephenson, Pebley, Thom and Dutton NOES: COUNCILI'-1EN : None ABSENT: COUNCIIJI'JEN : None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said resolution on the' '2nd day of February , 19.2.!-. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this __2nd day of February , 19 71 . ~ .) X./J~. Y CLERK OF THE CITY OF ANAHEIM (SEAL) I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 71R-40 duly passed and adopted by the Anaheim City Council on February 2, 1971. ~ "~~ )K jl~ City Clerk ).qlnv Ialua~.woJ ..~.... . ...-.... _ . ~.."'"...~~.. .,......z-_