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HomeMy WebLinkAboutOrd 799-19792959A JHHW:CFA:pl ~-~ :ea :ea 08/07/79 -08/08/79 08/09/79 ORDINANCE NO. 799-79 ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO APPROVING AND AUTHORIZING THE EXECUTION OF A FACILITY LEASE WITH CITY OF SOUTH SAN FRANCISCO PUBLIC FACILITIES CORPORATION WHEREAS, the City of South San Francisco (the "City"), proposes to lease from City of South San Francisco Public Facilities Corporation (the "Corporation") the real property described in Exhibit A to the form of lease presented to this Council and entitled "Facility Lease", dated for convenience as of October 1, 1979 (the "Facility Lease"); The City Council of the City of South San Francisco does ORDAIN as follOws: Section 1. The form of Facility Lease presented to this Council is hereby approved. The City Clerk of the City is directed to file a copy of said form of Facility Lease in the office of said City Clerk, and the Mayor of the City is hereby authorized to execute and the City Clerk of the City is hereby directed to affix the seal of the City to add to attest the Facility Lease in substantially the form hereby approved or with any changes that hereafter become necessary in the interests of the City, which changes do not materially affect the substance or materially increase the obligations of the City; provided, however, that the Base Rental figure contained in said form of Facility Lease may be reduced as required by bids received for the City of South San Francisco Public Facilities Corporatio'n 1979 Bonds proposed to be issued by the Corporation, and the Advance Rental figure contained in said form of Facility Lease may be reduced as required by bids for said bonds and for the construction of the facilities leased pursuant to the Facility Lease. Section 2. The City Attorney is authorized to make such changes as may be required in the interests of the City to conform all documents for final signature by the parties to the Facility Lease, including, without limitation, alteration of Exhibit A to said form of Facility Lease to conform to any title insurance requirements. Section 3. This ordinance is subject to the provisions for referendum applicable to the City Council of the City of South San Francisco pursuant to Section 54241 of the California Government Code. Section 4. The City Clerk of the City ds hereby directed to publish this ordinance once in the SOUTH SAN FRANCISCO ENTERPRISE-JOURNAL, a newspaper of general circulation published in the City, within fifteen (15) days after passage and adoption hereof, pursuant to Section 54242 of the California Government Code. Section 5. This ordinance shall become effective upon the commencement of the thirty-first day after the day of passage and adoption hereof. CENTRAL, RECORD~ Introduced at a regular meeting of the City Council of the City of South San Francisco on the 15th day of August, 1979, and passed and adopted by said City Council on the 22nd day of August , 1979, by the following called vote: AYES: NOES: Councilmembers: Ronald G. Acosta, William A. Borba, Emanuele N. Damonte, Terry J. Mirri, and Roberta Cerri Teglia Councilmembers: None ABSENT: Councilmembers: None ~yor ~City~C1 er~ I, B~rhara A. Bmttaym , City Clerk of the City of South San Francico, do hereby certify that"~J foregoing Ordinance No. 799-79~isa full, true and correct copy of an ordinance duly passed and adopte~--~ the City Council of said City on the 22nd day of August , 1979, and the same has been published according to law.