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HomeMy WebLinkAboutCC Resolution 7345 (Oakwood Units Subdivision Impr)RESOLUTION NO. 7345 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL REINSTATING AGREEMENT FOR SUBDIVISION IMPROVEMENTS AND EXTENDING DATE FOR COMPLETION OF WORK, OAKWOOD UNIT NO. 1 AND CONDITIONALLY AUTHORIZING SIGNING OF NEW AGREEMENTS FOR SUBDIVISION IMPROVEMENTS IN OAKWOOD UNIT NOS. 1, 2, 4 & 5, SAN RAFAEL, CALIFORNIA. WHEREAS, Paul J. Felton was previously a party to four separate agreements for subdivision improvements within Oakwood Unit Nos. 1, 2, 4 and 5, each dated March 19, 1984; and WHEREAS, by Resolution No. 7243 the City Council ap- proved the execution by the Mayor and City Clerk of a new agree- ment for subdivision improvements within Oakwood Unit No. 1 with Linda J. Calef, the proposed buyer of Oakwood Unit No. 1; and WHEREAS, by said Resolution No. 7243, the agreement for subdivision improvements within Oakwood Unit No. 1 dated March 19, 1984 between Paul J. Felton and the City of San Rafael was terminated; and WHEREAS, Mr. Felton's proposed sale of Oakwood Unit No. 1 to Ms. Calef has not been consummated; and WHEREAS, Mr. Felton has requested that the agreement for subdivision improvements within Oakwood Unit No. 1 dated March 19, 1984 between Mr. Felton and the City of San Rafael be rein- stated and the agreement for subdivision improvements within Oakwood Unit No. 1 dated December 16, 1985 between Ms. Calef and the City of San Rafael be cancelled; and WHEREAS, Mr. Felton has also requested that his agree- ment for subdivision improvements within Oakwood Unit No. 1 be amended to extend the deadline for the completion of the instal- lation of improvements thereunder by Mr. Felton to June 16, 1987; and - 1 - NIL WHEREAS, Mr. Felton has also requested that the City Council authorize the acceptance of new agreements for subdivi- sion improvements from buyers of Oakwood Unit Nos. 1, 2, 4 and 5, and that upon transfer of title to those Units from Mr. Felton to the buyers of each of those Units, his respective agreements for subdivision improvements within Oakwood Unit Nos. 1, 2, 4 and 5 be terminated. NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of San Rafael that the agreement for subdivision im- provements within Oakwood Unit No. 1 dated March 19, 1984 between Paul J. Felton and the City of San Rafael is hereby reinstated. BE IT FURTHER RESOLVED that the agreement for subdivision improvements within Oakwood Unit No. 1 dated December 16, 1985 between Linda J. Calef and the City of San Rafael is hereby ter- minated. BE IT FURTHER RESOLVED that the deadline for the installa- tion of subdivision improvements under the agreement for subdivi- sion improvements within Oakwood Unit No. 1 dated March 19, 1984 between Paul J. Felton and the City of San Rafael is hereby ex- tended to June 16, 1987. BE IT FURTHER RESOLVED that the Mayor and City Clerk are authorized to execute, on behalf of said City and upon the re- quest of Mr. Felton, new agreements for subdivision improvements within each of Oakwood Unit Nos. 1, 2, 4 and 5, with the buyer of each such Unit, subject to the City Attorney's review and ap- proval of each such aqreement and required contract security. BE IT FURTHER RESOLVED that upon the execution of a new agreement for subdivision improvements within Oakwood Unit Nos. 1, 2, 4 or 5 by the Mayor and City Clerk and by the buyer of each such Unit, upon the posting of the required contracts security by such buyer, and upon the transfer of title to such Unit by Mr. Felton to said buyer, the applicable agreement for subdivision M= improvements within such Unit dated March 19, 1984 between Paul J. Felton and the City of San Rafael shall thereupon be term- inated. I, JEANNE M. LEONCINI, Clerk of the City of San Rafael, California, hereby certified that the foregoing resolution was duly and regularly introduced an adopted at the regular meeting of the Council of said City held on the Fifth day of May, 1986, by the following vote, to wit: AYES: COUNCILMEMBERS:Breiner, Frugoli, Nave, Russom & Mayor Mulryan NOES: COUNCILMEMBERS:None ABSENT: COUNCILMEMBERS:None j J NE M. LEONCIN City Clerk -- 3 -