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ORANGE COUNTY CIVIC CENTER AUTHORITY - 1991
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ORANGE COUNTY CIVIC CENTER AUTHORITY - 1991
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Last modified
1/3/2012 2:31:36 PM
Creation date
6/21/2011 12:44:42 PM
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Contracts
Company Name
ORANGE COUNTY CIVIC CENTER AUTHORITY
Contract #
A-1991-128
Council Approval Date
11/4/1991
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REQUEST FOR A <br />COUNCIL ACTION ?'?? e,t <br />CITYCGUNCIL November 4, 1991 <br />MEE <br />TING DATE ONLY <br />TITLE AMENDMENT OF ORANGE COUNTY <br />CIVIC CENTER AUTHORITY JOINT <br />CLERK OF THE COUNCIL USE <br />As Recommended <br />? AsAmentled (m Mikdes) <br />? <br />? Ortlirencean2bgeadng <br />? gnPngPesolNbn <br />? SO PuNicHeadngFor <br />cm?ro: <br />POWERS AGREEMENT OrdinanceonlelReadng <br /> <br />RECOMMENDED ACTION <br />Direct the City Attorney to prepare, and authorize the Mayor and <br />Clerk of the Council to execute, an amendment to the Orange <br />County Civic Center Authority Joint Powers Agreement to allow <br />the County of Orange to recover title to the land underlying the <br />County Jail and Intake and Release Center. <br />DISCUSSION <br />On January 11, 1966, the City entered into a Joint Powers <br />Agreement with the County establishing the Orange County Civic <br />Center Authority, One of the stipulations of that agreement <br />provides for the reconveyance of land contributed by the County <br />to the Civic Center Authority if such property is free of <br />outstanding bonded indebtedness at the time of the requested <br />transfer, <br />FILE NUMBERR <br />ANAGER <br />Currently, the County is undertaking a bond financing measure to <br />raise funds for specific County projects, including acquisition <br />of the office project currently being constructed by Hutton <br />Development at the southwest corner of Santa Ana Boulevard and <br />Flower Street. The County-owned Men's Central Jail and <br />adjoining Intake and Release Center have been selected as <br />collateral for the bond measure, However, in addition to <br />holding title to the buildings, the County must also be vested <br />of title to the land underlying these structures in order to <br />pledge this property as collateral for the bond issue, <br />The County is therefore requesting that City Council approve an <br />amendment to the Joint Powers Agreement, facilitating the Civic <br />Center Authority's reconveyance to the County of fee title to <br />the land underlying the two aforementioned facilities, The <br /> <br />
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