80R-515 RESOLUTION NO. 80R -515
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM APPROVING THE TERMS AND CONDITIONS OF A
LEASE AGREEMENT AND A DEVELOPMENT AGREEMENT
BETWEEN THE CITY OF ANAHEIM AND A JOINT VENTURE
CONSISTING OF WRATHER INNS, INC. AND HILTON
HOTELS CORPORATION, AND AUTHORIZING AND DIRECTING
THE MAYOR AND CITY CLERK TO EXECUTE EACH OF SAID
AGREEMENTS ON BEHALF OF THE CITY OF ANAHEIM.
WHEREAS, the City of Anaheim ( "City ") is the fee
owner of certain real property located in the City of Anaheim,
California, commonly known as the Anaheim Convention Center
property ( "Convention Center Parcel "), as more particularly
described in the hereinafter described instruments; and
WHEREAS, City has heretofore leased said Convention
Center Parcel to the Community Center Authority ( "Authority ")
pursuant to a certain Site Lease dated May 1, 1965, as amended;
and
WHEREAS, Authority has heretofore constructed certain
convention center facilities on a portion of said Convention
Center Parcel and subleased said Convention Center Parcel back
to City pursuant to a certain Community Center Facility Lease
dated May 1, 1965, as amended; and
WHEREAS, City, as sub - sublessor, has heretofore
leased a certain portion of said Convention Center Parcel to
Wrather Inns, Inc. ( "Wrather "), as sub - sublessee, pursuant to a
certain lease agreement (the "Inn at the Park Lease ") dated
August 17, 1976; and
WHEREAS, City, Wrather, and a joint venture consist-
ing of Wrather Inns, Inc. and Hilton Hotels Corporation ( "Lessee ")
mutually desire that City sub- sublease to Lessee a certain
portion of said Convention Center Parcel, including that portion
currently subject to the Inn at the Park Lease, for purposes of
construction and operation of a first -class hotel and related
facilities, and to thereby terminate said existing Inn at the
Park Lease; and
WHEREAS, Lessee has, for the aforesaid purposes,
submitted to City a Lease Agreement and a Development Agreement,
the terms and conditions of each of which are satisfactory to
the City; and
WHEREAS, the City Council finds that the property
which is the subject of the aforesaid proposed Lease
Agreement and Development Agreement is not needed for
municipal purposes and the best use of said property is for
the private operation of a first -class hotel and related
facilities; and
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WHEREAS, the City Council further finds that
approval of proposed Lease Agreement and Development
Agreement would be in the public interest and welfare, and
that the same should be approved.
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Anaheim that the Lease Agreement this day
submitted to the City Council to be made and entered into
between the City of Anaheim and a joint venture consisting of
Wrather Inns, Inc. and Hilton Hotels Corporation for the
leasing of a certain portion of the Convention Center Parcel
upon the terms and conditions set forth in said Lease Agreement
be, and the same is hereby, approved.
BE IT FURTHER RESOLVED that the Development Agreement
this day submitted to the City Council to be made and entered
into between the City of Anaheim and a joint venture consisting
of Wrather Inns, Inc. and Hilton Hotels Corporation for the
construction of a first -class hotel upon the terms and
conditions set forth in said Development Agreement be, and the
same is hereby, approved.
BE IT FURTHER RESOLVED that the Mayor and City Clerk
be, and they are hereby authorized and directed to execute said
Lease Agreement and said Development Agreement for and on
behalf of the City of Anaheim.
THE FOREGOING RESOLUTION is approved and adopted by
the City Council of the City of Anaheim this 18th day of
November, 1980.
� • 1 4 _ , / I/ /, f.���r -�'�,
•YO' OF T C Y OF A AlEIM
ATTEST:
CITY CLERK OF TH CITY OF ANAHEIM
JLW:jh
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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. 80R -515 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on
the 18th day of November, 1980, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Kaywood, Bay, Roth and Seymour
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Overholt
AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said
Resolution No. 80R -515 on the 18th day of November, 1980.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 18th day of November, 1980.
i
CITY ERK OF THE C " OF ANAHEIM
(SEAL)
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 80R -515 duly passed and adopted
by the Anaheim City Council on November 18, 1980.
ITY CLERK