HomeMy WebLinkAboutResolution 1984 - 0091RESOLUTION NO.84-91
APPROVING REAL PROPERTY LEASE AT PLANT
NO.1,SPECIFICATION NO.L-009—1,WITH
AMERICAN BALBOA PROPERTIES
A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS
OF COUNTY SANITATION DISTRICTS NOS.1,2,3,
5,6,7 AND 11 OF ORANGE COUNTY,CALIFORNIA,
APPROVING AND AUTHORIZING EXECUTION OF REAL
PROPERTY LEASE AT PLANT NO.1,SPECIFICATION
NO.L-009-1,WITH AMERICAN BALBOA PROPERTIES
WHEREAS,the Property Lease at Plant No.1,Specification No.L—009,
with American Balboa Properties expires August 31,1984;and,
WHEREAS,the staff has negotiated a new lease of 18.09 net usable acres of
property located at Plant No.1 with American Balboa Properties for a maximum
15 years;and,
WHEREAS,the proposed use of said property is hereby determined to be
compatible with Districts’operations.
NOW,THEREFORE,the Boards of Directors of County Sanitation Districts
Nos.1,2,3,5,6,7 and 11 of Orange County,California,
DO HEREBY RESOLVE,DETERMINE AND ORDER:
Section 1 That the certain Real Property Lease at Plant No.1,
Specification No.L—009—1,dated August 1,1984
,wherein the Districts
consent to the leasing of said property located at the northeast corner of Ward
Street and Garfield Avenue in the City of Fountain Valley,more particularly
described therein,to American Balboa Properties,is hereby approved and
accepted;and,
Section 2 That the term of said lease shall be for a maximum of 15 years,
beginning September 1,1984,and ending August 31,1999,with provision for
termination during the last five—year term upon 24—month’s notice by Lessor;
Section 3 That the lease payment shall be $45,000.00 for the first year
and,thereafter,shall be 10%of the Lessee’s verifiable annual gross revenues,
with a minimum annual lease payment of $50,000.00;and,
Section 4 That the Chairman and Secretary of County Sanitation District
No.1,acting for itself and on behalf of Districts Nos.2,3,5,6,7 and 11,
are hereby authorized and directed to execute said property lease in form
approved by the General Counsel.
PASSED ?~ND ADOPTED at a regular meeting held June 13,1984.
STATE OF CALIFORNIA)
SS.
COUNTY OF ORANGE
I,RITA J.BROWN,Secretary of the Boards of Directors of County
Sanitation Districts Nos.1,2,3,5,6,7 and 11 of Orange County,
California,do hereby certify that the foregoing Resolution No.84—91 was
passed and adopted at a regular meeting of said Boards on the 13th day of
June,1984,by the following vote,to wit:
AYES:Ruth Bailey,Oscar Brownell,Buck Catlin,Sam Cooper,Norman
Culver,Richard B.Edgar,Bruce Finlayson,Henry R.Frese,Don
R.Griffin,Dan Griset,Robert Hanson,Evelyn Hart,John
Holmberg,Carol Kawanami,Gerald Mullen,James Neal,Arthur
Newton,Ron Pattinson,Bob Perry,Ruthelyn.Pluinmer,Don Roth,
Donald J.Saltarelli,Don E.Smith,Roger Stanton,Charles E.
Sylvia,John Thomas,Bill Vardoulis,James Wahner,Henry W.
Wedaa
NOES:None
ABSENT:Martha V.Weishaupt
IN WITNESS WHEREOF,I have hereunto set my hand and.affixed the official
seal.of County Sanitation District No.1 on behalf of itself and Districts
Nos.2,3,5,6,7 and .11 of Orange County,California,this 13th day,of June,
1984.
~
Rita J.Brown,Secretary
Boards of Directors,County
Sanitation Districts Nos.1,~2,3,
5,6,7 and 11 of Orange County,
California