HomeMy WebLinkAboutCC RESO 2019-27RESOLUTION NO. 2019 — 27
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING
THE CITY MANAGER TO EXECUTE A "NOTICE OF TERMINATION OF COVENANT AND
AGREEMENT TO HOLD PROPERTY AS ONE PARCEL" THEREBY SEPARATING THE
KIMBALL SENIOR CENTER PARCEL LOCATED AT 1221 "D" AVENUE FROM THE KIMBALL
TOWER PARCEL LOCATED AT 1317 "D" AVENUE
WHEREAS, the Community Development Commission -Housing Authority of the
City of National City ("CDC -HA") executed in favor of the City of National City ("City") a Covenant
and Agreement to Hold Property as One Parcel dated as of May 28, 1985, which was recorded in
the Office of the Recorder of the County of San Diego on June 6, 1985, as Document No. 85-
200844 ("Covenant"); and
WHEREAS, the Covenant constitutes a burden on the title of each parcel and its
termination would clear title for the purpose of securing financing for Kimball Tower renovations
under a 99-year ground lease pursuant to a Development and Disposition Agreement which the
CDC -HA entered into on June 19, 2018.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
National City authorizes the City Manager to execute a "Notice of Termination of Covenant and
Agreement to Hold Property as One Parcel" thereby separating the Kimball Senior Center parcel
located at 1221 "D" Avenue from the Kimball Tower parcel located at 1317 "D" Avenue. Said
Notice of Termination will be recorded at the San Diego County Recorder's Office and filed
thereafter with the City Clerk of the City of National City.
PASSED and ADOPTED this 5th day of March, 2019
Avd
• leja Solis Mayor
ATTES
Vla
City
Michael R. D Clerk
APPROVED AS T• FORM:
City/ torney
Passed and adopted by the Council of the City of National City, California, on
March 5, 2019 by the following vote, to -wit:
Ayes: Councilmembers Cano, Morrison, Quintero, Rios, Sotelo-Solis.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: ALEJANDRA SOTELO-SOLIS
Mayor of the City of National City, California
City Clerk of the City of National City, California
By:
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2019-27 of the City of National City, California, passed and adopted
by the Council of said City on March 5, 2019.
City Clerk of the City of National City, California
By:
Deputy