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HomeMy WebLinkAboutReso 5535-1971RESOLUTION NO. 5535 CITY COUNC%L, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AUTHORIZING RESCISSION OF THE AGREEMENT BETWEEN CITY AND WM. LYON DEVELOPMENT CO. , INC. , AND ~RELATED MATTERS - WESTBOROUGH UNIT 4A. BE IT RESOLVED by the City Council of the City of South San Francisco that: WHEREAS, the City of South San Francisco, a municipal corporation, and Wm. Lyon Development Co., Inc., executed an agreement the 20th day of July, 1970, providing for sub- division improvements in an area designated Westborough Unit 4A, South San Francisco, San Mateo County, California, and a final map entitled, "Westborough Unit 4A, South San Francisco, San Mateo County, California," and WHEREAS, said documents together with other documents were placed in escrow with Title Insurance and Trust Company, Redwood City, California, for recordation upon completion of acquisition of said parcel by Wm. Lyon Development Co., Inc., and WHEREAS, Wm. Lyon Development Co., Inc., did not complete the acquisition of said parcel and by letter dated March 29, 1971, requests City to rescind and cancel said map and agree- ment; NOW, THEREFORE, IT IS ORDERED AS FOLLOWS: 1. Execution of Rescission Agreement. The execution of an agreement rescinding the agreement between City and Wm. Lyon Development Co., Inc., dated the 20th day of July, 1970, providing for construction and installation of subdivision improvements and approval of the final map, is hereby authorized and the Mayor is authorized to execute said rescission agree- ment on behalf of City and City Clerk attest his signature thereto. Upon completion of the execution of said agreement - 1 - 1' I1 ]11' 'r I Ii' '1 I :T and receipt of the documents hereinafter set forth, the City Clerk is authorized to return to Wm. Lyon Development Company the performance bond and labor and material bond filed in accordance with the subdivision agreement executed the 20th day of July, 19 70. 2. Receipt and Cancellation of Documents. The City Clerk is authorized to receive and note cancellation of ~the following documents: a. Agreement entitled, "Subdivision Improvements, Westborough Unit 4A, South San Francisco, California," made the 20th day of July, 1970, between the City of South San Francisco, a municipal corporation, and Wm. Lyon Development Co. , Inc. b. Final map entitled, "Westborough Unit No. 4A, South San Francisco, San Mateo County, California. 3. Receipt and Retention of Documents. The City Clerk be and he is hereby authorized to receive and retain the following documents: a. Declaration of Public Service Easements authorized by Resolution 5358 passed the 20th day of July, 1970. b. Grant of Easement - Pipeline Right-of-Way, Westborough County Water District, authoriZed by Resolution 5357 passed the 20th day of July, 19 70. City of South San Francisco at a held on the 5th day of April the following vote: AYES, COUNCILMEN I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the regul ar meeting , 19 71 , by I! NOES, ABSENT, " Patrick E. Ahern. Frank J. Bertucelli, William A. Borba. F. Frank Mammini and Warren STeinkaml~ None None - 2 -