HomeMy WebLinkAbout327 - City Hall Lease - H.B. Lawson ExecutionRESOLUTION NO. 327
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA
AUTHORIZING THE EXECUTION OF A LEASE FOR A CITY HALL Mn EEN
HOfkRD B. IAWSON AS LESSOR AND THE CITY OF COSTA MESA AS LESSEE.
WHEREAS, there has been presented to the City Council of the City
cof Costa Mesa a certain lease by and between Howard B. Lawson and the City of
` Costa Plead, which said lease provides for a term of eighteen (18) years,
beginning on the date of completion of the building therein proposed to be
constructed, at a semi-annual rental of Six Thousand One Hundred and Fifty and
N01100 .Dollars ($6,150.00); and which lease contains an option for the City to
�^ purchase said property and improvement at the end of said term for Twenty Six
Thousand and 110/100 Dollars (,126,000.00); and
WHEREAS, this Council deems it to be in the 'best interest of the
City that said lease be executed;
NQd, TIEREFORE, BE IT RESOLVED, that the said lease between Howard
B. Lawson and the City of Costa ifesa, covering certain property at 695 West 19th
Street in the City of Costa Mesa, and which provides for a term of eighteen
(18) years, beginning on the date of completion of the building therein pro-
posed to he constructed, at a semi-annual rental of 86,150.00; and which lease
contains an option for the City to purchase said property and improvement at
the end of said term for 826,000.00, be, and the same is hereby, ratified,
an roved and confirmed by the City Council of the City of Costa Mesa, and
the Mayor and City Clerk are hereby authorized to sign said lease on behalf
of the City.
PASSED AND ADOPTED this 11th day of February, 1957.
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By
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STATE OF CALIFORNIA)83COUNTY OF ORANGE
I, A. C. SI-ARTZ, City Clerk of the City of Costa Mesa, do hereby certify
that the above and foregoing Resolution No. 327 was duly and regularly passed
and adopted at a meeting of the City Council of the City of Costa Mesa, held on
the 11th day of February, 1957.
77 Eylerk and ex -o ficie7Zer�o'ir�iie
City Council of the City of Costa Mesa
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DATED:February 11, 1957 epu y