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HomeMy WebLinkAboutResolution No. 5042RESOLUTION NO. 5042 A RESOLUTION AUTHORIZING THE SIGNING OF A LEASE OR AGREEMENT THE CITY COUNCIL OF THE CITY OF SAN RAFAEL HEREBY RESOLVES as follows: The MAYOR and CITY CLERK are authorized to execute, on behalf of the City of San Rafael a lease or agreement with THE ROMAN CATHOLIC ARCHBISHOP OF SAN FRANCISCO, A CORPORATION - for option agreement St. Isabella's property A copy of which is hereby attached and by this reference made a part hereof. I, MARION A. GRADY, City Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced re ular and adopted at a n adjourned meeting of the City Council of said City held on Monday the 22nd day of �P�tember 197_, by the following vote, to wit: AYES: COUNCILMEN: JENSEN, MISKIMEN, MULRYAN NOES: COUNCILMEN: NONE ABSENT: COUNCILMEN: NIXON AND MAYOR BETTINI MARION A. GRADY - City Clerk OPTION AGREEMENT THIS :AGREEMENT, made this day of , 1975, by and between the CITY OF SAN RAFAEL, a municipal corporation, hereinafter referred to as "City", and THE ROMAN CATHOLIC ARCHBISHOP OF SAN FRANCISCO, a corpora- tion sole, hereinafter referred to as "Seller". WITNESSETH: WHEREAS, Seller is the owner of real property situated in the County of Marin, State of California, and more particularly described in Parcel A of Exhibit "A", which is attached hereto and by this reference made a part hereof, being a portion of St. Isabella's Church in the City of San Rafael, County of Marin, State of California, owned by THE ROMAN CATHOLIC ARCHBISHOP OF SAN FRANCISCO, a corporation sole; and WHEREAS, the parcel A of Exhibit "A" referred to above shall hereinafter be referred to as "the property"; and WHEREAS, City desires to acquire the exclusive right to purchase, without becoming obligated to purchase, the property at an agreed price and under specified terms and conditions; and WHEREAS, the parties desire to enter into this Option Agreement for the pur- chase and sale of said property. NOW, THEREFORE, IT IS AGREED as follows: 1. Seller hereby grants to City the exclusive right to purchase the property at a price and under the terms and conditions as set forth hereafter. 2. This option shall be for a period of one (1) year, commencing on the date of execution of this Option Agreement. 3. This option is granted in consideration of City's clearing of the lot to the specifications of Father Dingberg, Pastor, St. Isabella's Church. 4. It is mutually agreed that the value of the clearing is $975 .00 . 5. City agrees to clear the lot and remove all debris once during this contract period and at a time specified by Father Dingberg . 6. It is mutually agreed between the City and thn Seller that the purchase price shall not exceed $49,350.00. 7. In the event this option or any extension thereof is not exercised, all sums paid and services rendered to Seller by City shall be retained by Seller in consideration of the granting of this option. B. If City is not in breach of this, Agrecm(.nt, it niay exercise this, option by delivering to Seller, its written notification of said oxnrcise. [Seller shall then immediately execute, acknowledge, and dolivcr to City its decd to the within de- scribed property. k� 9. if City fails to exercise, this option in accordance with its terms and within the option period or any extension thereof, then this option and the rights of the Seller shall automatically and immediately terminate without notice. There- after, City agrees that it will properly execute, acknowledge and deliver to Seller within 30 days of request therefor, a release or any other document required by Seller or a title insurance company to verify the termination of this Option Agree- ment. 10. Neither City nor Seller may assign this Agreement. 11. finless otherwise provided herein, any notice, tender or delivery to be given hereunder by either party to the other may be effected by personal delivery in writing or by registered or certified mail, postage prepaid, return receipt re- quested, and shall be deemed communicated as of mailing. Mailed notice shall be addressed as set forth below, but each party may change his address by written notice in accordance with this paragraph. City of San Rafael The Roman Catholic Archbishop of City Hall San Francisco, a corporation 1400 Fifth Avenue 445 Church Street San Rafael, Calif . 94901 San Francisco, California Attn: William J. Bielser 12. Upon exercise of the option as provided for herein and delivery of the deed to the within property, said property shall be free and clear of all liens and encumbrances. 13. This instrument contains the entire agreement between the parties re- lating to the option herein granted. Any oral representations or modifications con- cerning this instrument shall be of no force and effect excepting a subsequent modification in writing, signed by the party to be charged. 14. In the event of any controversy, claim or dispute between the parties hereto, arising out of or relating to this Agreement or the breach thereof, the prevailing party shall be entitled to recover from the losing party reasonable ex- penses, attorney's fees, and costs. 15. This Agreement shall bind and inure to the benefit of the respective heirs, personal representatives, and successors of the parties hereto. IN WITNESS WHEREOF, the parties hereto have executed this Option Agreement the day and year first above written. CITY OF SAN RAFAEL, a municipal THE ROMAN CATHOLIC ARCHBISHOP OF corporation SAN FRANCISCO, a corporation sole By C. PAUL BETTINI, Mayor ATTEST: MARION A. GRADY, _City Clerk - 2 -