HomeMy WebLinkAboutReso 013-98 PM7109 Par4 DeedRESOLUTION NO. 13 - 98
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
APPROVING RECONVEYANCE OF INTEREST IN DEED OF TRUST,
PARCEL #4 OF PARCEL MAP 7109
AND RELEASE OF PROMISSORY NOTE
WHEREAS, on August 5, 1997, the City Council accepted a Promissory Note and Deed of Trust
valued at $156,500 against Parcel g4 of Parcel Map 7109 as security for the construction of certain
improvements in Tract 6644 and Parcel Map 7109; and
WHEREAS, improvements in Tract 6644 and Parcel Map 7109 covered by said Promissory Note
and Deed of Trust have been completed to the satisfaction of the City Engineer and other securities have
been retained for the remaining improvements;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin approves
reconveyance of the City's interest in the Deed of Trust and release of the Promissory Note.
BE IT FURTHER RESOLVED that the City Manager is authorized to execute the reconveyance
documents.
PASSED, APPROVED AND ADOPTED this 17th day of February, 1998.
AYES: Councilmembers Barnes, Burton, Howard, Lockhart and Mayor Houston
NOES: None
ABSENT: None
ABSTAIN: None
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