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HomeMy WebLinkAboutCC Resolution 9073 (McInnis Park Venture)RESOLUTION NO. 9073 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROVING ASSIGNMENT OF PARTNERSHIP INTEREST BY MARIN HOUSING DEVELOPMENT CORPORATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, RE: MCINNIS PARK VENTURE The CITY COUNCIL of the City of San Rafael hereby approves Assignment of Partnership Interest by MARIN HOUSING DEVELOPMENT CORPORATION, a California nonprofit public benefit corporation Re: McInnis Park Venture, as follows: 1. 79.53260 of the Partnership Interest to John Shalavi. 2. 17.5434% of the Partnership Interest to Saeed Abtahi. 3. 2.9240% of the Partnership Interest to Cyrus Karimi Shirazia. a copy of which is hereby attached and by this reference made a part hereof. I, JEANNE M. LEONCINI, Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a Regular meeting of the City Council of said City held on the 6th day of December, 1993, by the following vote, to wit: AYES: COUNCILMEMBERS: Cohen, Heller, Thayer, Zappetini & Mayor Boro NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None JE M. LEONCINI; City Clerk ORIGINAI ,9a�3 ABSIGHMM OF PA1tTN SKIP INTV= This Assignuent of Partnership Interest is made an Of this 6th day of December, 19930, by the Marin Housing DevsioVMQnt Corporation, a California _nonprofit public benefit corporation ("w=") . In consideration of the agjwwwmm nt of Rasnnis Housing Partners (a California Limited Partnership) (the "Partnership") to agree to extend the Project Period through and including NarCh 22, 2009, pursuant to the terms and provisions of that certain first Amendment to Below Market Rate Rental Unit Agreement of even date herewith the undersigned MHDC hereby assigns, transfers and conveys Its entire limited partnership interest in the partnership (the "Partnership Intartst") as f011MG: 1. 79.5326* of the Partnership shaiavi. 2. 17.54344 of the Partnership Abtahi. 3nterost to John Interest to Based 3. 2.9240% of the Partnership znterest to Cyrus Rarimi shirasia. IN WITNESS IRKMOF, MHDC has executed this Assignment of Partnership Interest as of the day and year first set forth above. MARIN IIOIJSXNG DEVELOPM M CORPORATION, a California nonprofit public benefit corporation BY: its; _! 27awcaw 01/131% 1Mf 1OLM Ccunty of Marin ) On January 13, 1994 before me, Elizabeth Bennett , a Notary Public in and for the said County and State, personally appeared Ri r band M. Adamq personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/ her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. 6 '(1 C I �JY .'}'LC�� COMM. BENNETT Z COMM. # ll)06169 Notary Public - Callfomla NOTARY PUBLIC SAN FRANCISCO COUNTY My ommis yion expires 09-26-9Z lamy Comm.Expire�SEP26,1997 j