HomeMy WebLinkAboutCC RESO 2010-244RESOLUTION NO. 2010 — 244
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
AUTHORIZING THE MAYOR TO EXECUTE
A FIRST AMENDMENT TO AGREEMENT
FOR EXCHANGE OF REAL PROPERTY AND
JOINT ESCROW INSTRUCTIONS
(522 WEST 8TH STREET AND 2020 HOOVER AVENUE)
WHEREAS, on September 23, 2010, the City and the Illes Family Trust ("IIles")
entered into an Agreement for Exchange of Real Property and Joint Escrow Instructions (the
"Agreement") whereby the parties agreed to an exchange of the City -owned property at 522
West 8th Street for the Illes-owned property at 2020 Hoover Avenue; and
WHEREAS, Section 6.1.2 provides that a party to the Agreement shall have
forty-five (45) days after the Agreement is executed (the "Contingency Period") to review and
approve or disapprove, among other items, soils and environmental reports pertaining to the
other party's property; and
WHEREAS, it is necessary, in order to provide adequate time for certain soils
tests to be performed on the City Property, and for the Parties to review and evaluate any
reports based upon these soils tests, to extend the Contingency Period by an additional forty-
five (45) days, for a total of ninety (90) days.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
National City hereby authorizes the Mayor to execute a First Amendment to Agreement for
Exchange of Real Property and Joint Escrow Instructions to amend Section 6.1.2 of the
Agreement to extend the Contingency Period for forty-five (45) days, for a total of ninety (90)
days.
PASSED and ADOPTED this 9th day of November, 2010.
ATTEST:
A" 'ROVED AS TO FORM:
ati
w..dia G.-
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City Attorn
Rdh Morrison, Mayor
Passed and adopted by the Council of the City of National City, California, on
November 9, 2010 by the following vote, to -wit:
Ayes: Councilmembers Morrison, Sotelo-Solis, Van Deventer, Zarate.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Mayor of the City of National City, California
City CI k of the City of ational City, California
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2010-244 of the City of National City, California, passed and
adopted by the Council of said City on November 9, 2010.
City Clerk of the City of National City, California
By:
Deputy