HomeMy WebLinkAboutReso 93-371 - Approve the consent to assignment of Lease of the William A Camery Lease as assumed from Sac Savings Bank as assumed from Charles C Young, III, as assumed from Robert G Keeline, Frederick H Pizzi, & Charles C Young III at RMA to Orville Jaco'1
• RESOLUTION NO. 93-3-1/
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDDING APPROVING THE CONSENT TO ASSIGNMENT OF
LEASE OF THE WILLIAM A. CAMERY LEASE, AS ASSUMED
FROM SACRAMENTO SAVINGS BANK, AS ASSUMED FROM
CHARLES C. YOUNG, III, AS ASSUMED FROM ROBERT G.
j KEELINE, FREDERICK H. PIZZI, AND CHARLES C. YOUNG, III, AT
REDDING MUNICIPAL AIRPORT, TO ORVILLE JACOBS AND
AUTHORIZING THE MAYOR TO SIGN SAME.
ITIS HEREBYRESOLVED by the City Council of the City of Redding as follows:
1 . That the City Council of the City of Redding hereby approves the Consent to
Assignment of Lease of the William A. Camery Lease, as assumed from Sacramento
Savings Bank, as assumed from Charles C. Young, III, as assumed from Robert G. Keeline,
Frederick H. Pizzi, and Charles C. Young, III, at Redding Municipal Airport, to Orville
Jacobs, a true copy of which is attached hereto and incorporated herein; and
2. That the Mayor of the City of Redding is hereby authorized and directed to sign
all necessary documents on behalf of the City of Redding, and the City Clerk is hereby
authorized and directed to attest the signature of the Mayor and to impress the official seal
of the City of Redding on the aforesaid documents, when appropriate.
`.i / HEREBY CERT/FY that the foregoing resolution was introduced and read at a
regular meeting of the City Council of the City of Redding on the 1gth day of October,
1993, and was duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: Anderson, Dahl, Kehoe, Moss and Arness
'i NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
;I
� CARL ARNESS, Mayor
ATTEST:
A.
CONNIE STR HMAYER, erk
FORM APPROVED:
RA DALL A. HA S, ity Attorney D:\RM/ALI-RMA.CC
CONSENT TO ASSIGNMENT OF LEASE
WHEREAS, on March 3, 1975, the CITY OF REDDING entered into a Lease
Agreement with ROBERT G. KEELINE, FREDERICK H. PIZZI and CHARLES C.
YOUNG, III, a general partnership doing business as KEELINE, PIZZI & YOUNG,
Architects, covering certain ground area at Redding Municipal Airport; and
n
WHEREAS, on January 17, 1977, the City Council consented to the
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Assignment of said Lease to CHARLES C. YOUNG, III; and
WHEREAS, on October 23, 1985, Sacramento Savings & Loan Association, a
California corporation, obtained an interest in the CHARLES C. YOUNG, III
leasehold by virtue of funding a loan on the subject property secured by a Note and
Deed of Trust; and
WHEREAS, on August 18, 1987, Sacramento Savings & Loan Association
commenced a foreclosure proceeding on the subject leasehold interest and
subsequently became the LESSEE; and
WHEREAS, on January 15, 1991, the City Council consented to the
Assignment of said Lease to William A. Camery; and
WHEREAS, William A. Camery, as LESSEE, now requests that the City consent
to and approve the assignment of the subject leasehold interest to ORVILLE
JACOBS;
NOW, THEREFORE, /T /S AGREED by and between the parties hereto as
follows:
1 . The CITY OF REDDING, as LESSOR, does hereby consent to the assignment
of the Lease dated March 3, 1975, and all Amendments thereto, to ORVILLE
JACOBS, effective October 5, 1993.
2. ORVILLE JACOBS agrees to provide a sublease agreement between himself
as LESSEE and any subsequent tenant as SUBLESSEE to the City for its approve of
same.
3. WILLIAM A. CAMERY consents to and requests the Assignment of Lease as
described herein.
IN WITNESS WHEREOF, the parties hereto have executed this Assignment of
Lease on the day of October, 1993.
i
i
CITY OF REDDING
By:
CARL ARNESS, Mayor
By:
WILLIAM A. CAMERY
By:
ORVILLE JACOBS
ATTEST:
CONNIE STROHMAYER, City Clerk
FORM APPROVED:
RANDALL A. HAYS, City Attorney
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