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HomeMy WebLinkAboutReso 134-1985 RESOLUTION NO. 134-85 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AUTHORIZING APPROVAL AND EXECUTION OF AN AGREEMENT EXTENDING THE TIME LIMITS FOR OBTAINING GOVERNMENT APPROVALS UNDER PARAGRAPH 1.D. OF THE SITE PREPARATION AGREEMENT BETWEEN THE PRICE COMPANY AND THE CITY OF SOUTH SAN FRAN- CISCO FROM JUNE 26, 1985 TO SEPTEMBER 30, 1985 BE IT RESOLVED by the City Council of the City of South San Francisco that: 1. Approval of Agreement. An Agreement to modify Paragraph 1.D. to Exhibit "B" ("Site Preparation Agreement") of the Agreement between the City of South San Francisco and the Price Company entitled "Ground Lease" to extend the time period for starting all necessary and required governmental approvals for construction and operation of the proposed facility from June 26, 1985 to September 30, 1985 is hereby approved, and a copy of said Agreement is attached hereto as Exhibit "1." 2. Execution of Agreement. The Mayor is hereby authorized to execute said Agreement on behalf of the City, and the City Clerk attest his signature thereto. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 26th day of June , 1985, by the following vote: AYES: NOES: ABSENT: Councilmembers Mark N. Addiego, Emanuele N. Damonte, Gus Nicolopulos; and Roberta Cerri Teglia None Councilmember Ri chard A. Haffey City Clerk JOSEPH R. SATZ Attorney at Law SUITE 6Z9 ~9 FIFTH AVENUE SAN DIEGO. CALIFORNIA 92103 (&lg) May 22, 1985 EXHIBIT 1 TO RESOLUTION 134-85 C. Walter Birkelo, City Manager City of South San Francisco 400 Grand Avenue South San Francisco, California 94083 South Airport Blvd. Property - Lease with The Price Company Dear Walt: As I indicated to you in our telephone conversation of last week, I have been advised that The Price Company will not receive all of its required governmental approvals as provided in paragraph 1D of the Site Preparation Agreement (SPA) until the middle or end of September, 1985o Paragraph ID of the SPA provides that the lease agreement termi- nates if all governmental approvals are not obtained within 120 days of the date of the lease (February 26, 1985). Thus, the 120th day would be June 26, 1985. Under the c~rcumstances,* The Price Company requests that the City of South San Francisco agree to extend the 120-day period as aforementioned to September 30, 1985. After you or the Mayor have obtained authority from the City Council, if necessary, 'will you please have the Mayor acknowledge the City of South San Francisco's agreement to the requested ex- tension by having him sign the enclosed copy of this letter and returning same to me. aRs/c1 EncloSure cc: Don HoWells · Robert Price Agreed to: CITY OF SOUTH SAN FRANCISCO ATTEST