HomeMy WebLinkAbout79-120 - Rescinding Agreement - Casa BellaRESOLUTION NO. 79-120
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA, CALIFORNIA, RESCINDING AGREEMENT.
THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS
FOLLOWS:
WHEREAS, in the course of carrying out aredevelopment project
known as CASA BELLA (hereinafter called "Project"),
), AGENCY has previously
approved in concept the performance of development duties by a private
developer, namely a proposed entity which was to have been called "CASA
BELLA, a General Partnership"; and
WHEREAS, the principals of that proposed entity now desire that
all development duties (those duties described in a "Contract For the
Sale of Land for Private Redevelopment By and Between the City of Costa
Mesa, a Municipal Corporation, the Costa Mesa Redevelopment Agency, and
Robert and SineeColes", which is referred to as "Disposition and Devel-
opment Agreement")
) be performed by an entity called CASA BELLA, a LIMITED
PARTNERSHIP, which consists of four partners: Robert Coles, a general
partner; Shapell Government Housing, Inc., general partner; Elliott
Maltzman, limited partner; and Shapell Governing Housing, Inc., limited
partner;
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
1. That the Addendum to the Disposition and Development Agreement,
which Addendum refers to CASA BELLA, a California General
Partnership, and which has never been fully executed is hereby
rescinded. The underlying Disposition and Development Agree-
ment is to remain in full force and effect; it may be amended
should the CITY and the COSTA MESA REDEVELOPMENT AGENCY approve.
PASSED AND ADOPTED this 1st day of October, 1979.
Vice ayor of the-CIty of C I
sta Mesa
ATTEST:
City Clerk of the City of Costa a
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF COSTA MESA )
I. EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City
Council of the City of Costa Mesa, hereby certify that the above and
foregoing Resolution No. 79-120 was duly and regularly passed and adopted
by the said City Council at a regular meeting thereof, held on the 1st
day of October, 1979.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
Seal of the City of Costa Mesa this 2nd day of October, 1979.
Cit
C erk an ex -officio C
er
of the
City
Council of the City of
CGsto
Mesa