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72-110
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72-110
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Last modified
5/5/2015 3:20:25 PM
Creation date
6/26/2003 10:46:46 AM
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Template:
City Clerk
Doc Type
Resolution
Doc #
72-110
Date
10/16/1972
Document Relationships
72-112
(Amended By)
Path:
\Resolutions\CITY COUNCIL\1952 - 1999\1972
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3/88 DUE TO POlaR CONDITI'ON ORIGINAL DESTROYED ':'"' <br /> <br />SECOND AMENDMENT TO COMPILED <br />SANTA ANA CITY IIALL LEASE <br /> <br /> WHEREAS, on June 23, 1969, the city of Santa Aha <br />("Cit~") and the Orange County Civic Center Authority <br />("Authority") executed the original Santa Ana City llall <br />Lease; and <br /> <br /> WHEREAS, in connection with the issuance of the <br />bonds of Authority by Resolution No~ 25 in the amount of <br />$5,470,000, designated "Orange County Civic Center Authority 1970 <br />Revenue Bonds," adopted on September 30, 1970, the City and <br />Authority approved a compiled lease including the original <br />l~ase dated for convenience as of October 4, 1966, and recorded <br />November 29, i966 in Book 8114, page 904 of Official Records of <br />Orange County, California, and an amendment thereof dated <br />December 2, 1969 and recorded December 9, 1969 in Book 9158, <br />page 751 of Official Records of Orange Coupty, California, prior <br />to the delivery of the bonds to the ·successful bidder; and <br /> <br />WHEREAS, the parties desire to ~mend the co~pilcd <br />lease in consideration of the mutual promises herein contained. <br /> <br /> Section 1. Amendment Of Terra of Compiled Lease. The <br />second paragraph of Section 3 of the compiled lease is amended <br />to read as follows: <br /> <br /> "This City Hall Lease shall end on January 17, <br /> <br /> 2016 or such earlier time when the Bonds or any addi- <br /> tiohal bonds or. refunding bonds on a parity with the <br /> Bonds issued b~ the.Authority pursuant to the Resolution <br /> have been retired or provision for payment provided for <br /> pursuant thereto and any surplus funds remaining in the <br /> hands of the Trustee shall have been paid to City." <br /> <br /> Section 2. Consents to Amendment. The consents of. <br />the Trustee and the Authority required by Section 6.09 of said <br />Resolution No. 27,have b6en obtained in appropriate form and are <br />attached hereto and incorporated be'rein by this reference. <br /> <br /> <br />
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