HomeMy WebLinkAboutReso 118-97 Assign Hansen DARESOLUTION NO. 118 - 97
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
A RESOLUTION OF THE CITY OF DUBLIN APPROVING ASSIGNMENT
OF HANSEN HILL RANCH DEVELOPMENT AGREEMENT
Recitals
WHEREAS, the City of Dublin and California Pacific Homes, Inc. are parties to a Development
Agreement; and
WHEREAS, California Pacific Homes desires to assign its rights and obligations under the
Development Agreement to Warmingt0n Homes, a corporation; and
WHEREAS, Section 16 of the Development Agreement allows for an assignment subject to
approval of the City Council; and
WHEREAS, the City Council has considered the proposed assignment, as described in the
September 22, 1997 letter from California Pacific Homes' President to the City Manager and Warmin~on
Homes' September 25, 1997 letter to the City Manager.
NOW THEREFORE, ~ CITY COUNCIL DOES RESOLVE AS FOLLOWS:
The assignment of California Pacific Homes' rights and obligations under the Development
Agreement, as amended, to Warmington Homes is approved and all obligations of the "Developer" under
the Development Agreement, as amended, from the Effective Date of the Development Agreement shall
become obligations of Warmington Homes from the date the assignment becomes effective.
BE IT FURTHER RESOLVED THAT this approval shall be conditioned upon (1) Warmington
Homes providing City with written notice of the date of the assignment and (2) Warmington Homes
providing City with insurance certificates as required by the Development Agreement prior to the effective
date of the assignment.
PASSED, APPROVED AND ADOPTED by the City Council of the City of Dublin on this 7th day of
October, 1997, by vote as follows:
AYES:
Councilmembers Barnes, Burton, Howard, Lockhart and Mayor Houston
NOES: None
AB SENT: None
ABSTAIN: None
G:~agenda/97/hansen3
K2 /G/1 O- 7-9 7/resohnsn. doc