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HomeMy WebLinkAboutStaff Report 3.F 01/05/2009CITY OF PETALUMA, CALIFORNIA AGENDA BILL Aeenda Title: Adoption (Second Reading) of Ordinance Authorizing Execution of First Amendment to Parking Garage Easement and Operating Agreement by and among the City of Petaluma, Petaluma Community Development Commission (PCDC), Basin Street Properties, and Petaluma Theatre District Parking, LLC and Accepting Easement. 3.F January 5, 2009 Meetine Date: January 5, 2009 Meeting Time: ❑ 3:00 PM ® 7:00 PM Category: ❑ Presentation ® Consent Calendar ❑ Public Hearing ❑ Unfinished Business ❑ New Business Denartment: Director: Contact Person: Phone Number: City Manager John Brown Eric Dandy 778-4362 City Attorney Eric Danly Cost of Pronosal: 0 Name of Fund: N/A Amount Budgeted: 0 Account Number: N/A Recommendation: It is recommended that the City Council take the following action: Conduct second reading and re -adopt the Ordinance Authorizing Execution of First Amendment to Parking Garage Easement and Operating Agreement by and among the City of Petaluma, Petaluma Community Development Commission (PCDC), Basin Street Properties, and Petaluma Theatre District Parking, LLC and Accepting Easement as introduced on December 8, 2008. Summary Statement: The City Council introduced the ordinance on December 8, 2008 and voted to adopt the ordinance by a vote of 5-2 at its meeting of December 15, 2008. Because there was not unanimous consent to the adoption of the ordinance or a separate unanimous motion to post rather than publish, the City Charter requires that it be published in the City's official newspaper rather than posted on the bulletin board at City Hall, as is normally done. To cure this procedural defect, the ordinance was published on December 18, 2008 and can now be adopted. Attachments to Agenda Packet Item: 1. Authorizing Execution of First Amendment to Parking Garage Easement and Operating Agreement by and among the City of Petaluma, Petaluma Community Development Commission (PCDC), Basin Street Properties, and Petaluma Theatre District Parking, LLC and Accepting Easement 2. Proof of publication, December 18, 2008. Reviewed by Admin. Svcs. Dir: Date: Rev. # Date Last Revised: Reviewed by City Attorney: no Date:12.18.08 File: 1180733 Annroued by City Manager: Date:/,:-, I CITY OF PETALUMA, CALIFORNIA January 5, 2009 AGENDA REPORT FOR Adoption (Second Reading) of Ordinance Authorizing Execution of First Amendment to Parking Garage Easement and Operating Agreement by and among the City of Petaluma, Petaluma Community Development Commission (PCDC), Basin Street Properties, and Petaluma Theatre District Parking, LLC and Accepting Easement. 1. RECOMMENDATION: It is recommended that the City Council conduct the second reading and re -adopt the Ordinance Authorizing Execution of First Amendment to Parking Garage Easement and Operating Agreement by and among the City of Petaluma, Petaluma Community Development Commission (PCDC), Basin Street Properties, and Petaluma Theatre District Parking, LLC and Accepting Easement. 2. BACKGROUND: The City Charter, Article VII, Section 45 requires that before any City ordinance is adopted, it must be published at least two days before adoption in the official newspaper of the City. The City Council may, by unanimous consent, agree that an ordinance can be published by posting on the bulletin board at City Hall, rather than published. Because the ordinance accepting the extended parking garage easement was not adopted unanimously, and a separate unanimous motion to permit posting rather than publication was not made or passed, the City Attorney recommends that the adoption action be re -done after publication. The ordinance was published in the December 18, 2008 edition of the Petaluma Argus -Courier. The need to re -adopt affects only the ordinance accepting the modification to the easement which extends the public right to garage parking for an extra 40 years, because the City Charter requires acceptance or sale of real property interests to be taken by ordinance. An ordinance requires two readings and has the extra City Charter publication requirement for non -unanimous actions. The City's acceptance of Basin Street's performance under the Owner Participation Agreement and Development Agreement for the Theatre District project with Basin Street was approved by Resolution No. 2008-223 N.C.S. adopted December 8, 2008. That resolution was effective December 8, 2008 and does not have a second reading or pre -publication requirement. If the ordinance is not re -adopted, the resolution will remain in effect, but the City may not get the benefit of the additional 40 years of public parking. 3. DISCUSSION: Re -adopting the ordinance after publication will ensure that it conforms to the City Charter publication requirements. 4. FINANCIAL IMPACTS: None, other than minor costs of publication to comply with the City Charter. 1180733.1 a 1 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 74 25 26 ATTACHMENT 1 EFFECTIVE DATE ORDINANCE NO. 2318 N.C.S. OF ORDINANCE Introduced by Seconded by ORDINANCE AUTHORIZING EXECUTION OF FIRST AMENDMENT TO PARKING GARAGE EASEMENT AND OPERATING AGREEMENT AND ACCEPTING EASEMENT WHEREAS, the City of Petaluma ("City") and Basin Street Properties ("Basin Street') entered into that certain Development Agreement ("Development Agreement") dated as of February 27, 2004, in accordance with procedures established by applicable law for such agreements; and, WHEREAS, the Petaluma Community Development Commission ("Agency") and Basin Street entered into that certain Owner Participation Agreement dated as of February 27, 2004 as amended by that certain First Amendment to Owner Participation Agreement dated as of January 23, 2006. Such Owner Participation Agreement and First Amendment to Owner Participation Agreement are hereinafter collectively referred to as "Participation Agreement"; and, WHEREAS, by letter agreement between Basin Street and the City dated January 21, 2004 ("Livery Stable Agreement") and by cultural resources mitigation measures required of Basin Street by both the Development Agreement and the Participation Agreement, Basin Street assumed certain obligations regarding the historic Livery Stable on the Project Property, including relocation of the Livery Stable from the Project property to a permanent location on City property, and negotiation with the City Manager to establish funding for ongoing restoration I and maintenance of the Livery Stable from revenue sources to be determined by Basin Street; and, WHEREAS, Basin Street has relocated the Livery Stable to a permanent location on City 4 property in accordance with the Livery Stable Agreement; and, WHEREAS, to satisfy its obligation under the Livery Stable Agreement to negotiate to 6 establish funding for ongoing restoration and maintenance of the Livery Stable, Basin Street has proposed a Master Agreement with the City and the Agency, described further below, which, among other things, provides for extending by 40 additional years at no cost to the City the 9 present term of an existing 20 year Parking Garage Easement and Operating Agreement 10 recorded as Document No. 2007092134 in the Official Records of Sonoma County ("Garage 11 Easement") executed between Basin Street and the City, which provides public parking spaces 12 and public access to them in the 'D' Street garage constructed as part of the Project; and, 13 WHEREAS, Basin Street has completed, and City has accepted, by Resolution No. 2008- 14 220 N.C.S. adopted December 1, 2008, the public improvements required by the Development 15 Agreement and Participation Agreement; and, 16 WHEREAS, Basin Street has completed, and City has issued Certificates of Occupancy for 17 all components of the private improvements required to be constructed by Basin Street except 18 for 15 of 105 total apartment units in the Riverfront Apartments and a parking structure to serve 19 the Riverfront Apartment, all as shown on the Construction Plans approved for the Theater 20 District project ("the Project"); and, 21 WHEREAS, City staff has determined that the existing parking available to serve the 22 Riverfront Apartments and its associated retail/commercial development is adequate and 23 meets the standards required within the Central Petaluma Specific Plan area without 24 construction of the Riverfront Apartments parking structure; and, Ordinance No. 2318 N.C.S. WHEREAS, the 15 residential units in the Riverfront Apartments which have not been 2 constructed pursuant to the originally approved Construction Plans for the Project do not 3 constitute a material unfulfilled element of Basin Street's performance under the Development 4 Agreement and Participation Agreement, given the size and scope of the other private 5 residential, retail, office and commercial space that comprise the Project and which have been 6 constructed; and, 7 WHEREAS, Section 9.3 of the Development Agreement provides that amendments to the 8 Development Agreement which do not relate to (a) the term of the Development Agreement, 9 (b) the permitted uses of the property involved in the Project, (c) provisions for "significant" 10 reservation or dedication of land, (d) conditions, terms, restrictions or requirements for 11 subsequent discretionary actions, (e) the density or intensity of use of the Project, (f) the 12 maximum height or size of proposed buildings or (g) monetary contributions by the Developer 13 provided for in the Development Agreement shall not require hearing before the Planning 14 Commission or City Council before the parties may execute an amendment to the 15 Development Agreement; and, 16 WHEREAS, the proposed design change, not being a material part of Basin Street's 17 performance under the Development Agreement, does not require formal action to amend the 18 Development Agreement; and, 19 WHEREAS, acceptance of the proposed design change means that all Certificates of 20 Occupancy necessary for the Project have been issued, and the Development Agreement 21 therefore terminates by its own terms, as set forth in Section 4.3 of the Development Agreement; 22 and, 23 WHEREAS, the Master Agreement proposed by Basin Street would, in addition to 24 providing for extension of the Garage Easement, (i) accept the Riverfront Apartments design Ordinance No. 2318 N.C.S. V� I change; (ii) terminate the Development Agreement and the Participation Agreement such that 2 future transferees of the property and/or the private improvements in the Project would not be 3 bound by the provisions, conditions, covenants and/or warranties contained in the 4 Development Agreement or the Participation Agreement; and (iii) satisfy all remaining 5 obligations of Basin Street regarding the Livery Stable; and, 6 WHEREAS, as part of the Master Agreement, Basin Street as an entity would continue to 7 be bound by certain conditions, covenants and warranties expressly stated in Exhibit B to the 8 Master Agreement, despite termination of the Development Agreement and the Participation 9 Agreement; and, 10 WHEREAS, Basin Street has caused to be prepared by a retained consultant a Petaluma I 1 Theatre District Parking Garage Financial Analysis (Walker Parking Consultants, November 2008, 12 "Walker Report") which values the cost to the City of replacing the 216 public spaces provided 13 under the Garage Easement at the end of its existing 20 year term at a sum between $3.0 million 14 dollars (surface parking) and $9.3 million dollars (parking structure); and, 15 WHEREAS, the Walker Report projects that institution of a paid parking program could 16 permit the City to realize "more than $7.1 million in new revenue" over the extended period of 17 the Garage Easement if the paid parking program were implemented; and, 18 WHEREAS, the First Amendment to Parking Garage Easement and Operating Agreement 19 extending the term of the Garage Easement is attached hereto as Exhibit A and incorporated 20 herein by reference. 21 NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PETALUMA AS 22 FOLLOWS: 23 Section 1. The City of Petaluma accepts the easement for public access and parking Ordinance No, 2318 N.C.S. \/ I described in the First Amendment to Parking Garage Easement and Operating Agreement 2 attached hereto as Exhibit A and authorizes and directs the City Manager to execute and have 3 recorded on behalf of the City said First Amendment to Parking Garage Easement and 4 Operating Agreement. 5 Section 2. This action is exempt from the California Environmental Quality Act 0 7 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 ("CEQA") pursuant to 14 California Code of Regulations, Section 15061(b) (3) because it can be seen with certainty that there is no possibility that this action may have a significant effect on the environment as defined under CEQA. Section 3. If any section, subsection, sentence, clause, phrase or word of this ordinance is for any reason held to be unconstitutional, unlawful or otherwise invalid by a court of competent jurisdiction or preempted by state legislation, such decision or legislation shall not affect the validity of the remaining portions of this ordinance. The City Council of the City of Petaluma hereby declares that it would have passed and adopted this ordinance and each and all provisions thereof irrespective of the fact that any one or more of said provisions be declared unconstitutional, unlawful or otherwise invalid. Section 4. This ordinance or a synopsis of it shall be posted and/or published for the period and in the manner required by City Charter. Section 5. This ordinance shall become effective thirty (30) days after the date of its adoption by the Petaluma City Council. INTRODUCED, AND ORDERED posted/published this 81h day of December 2008. ADOPTED this _ day of Ayes: Noes: 0 Ordinance No. 2318 N.C.S. I 7 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 Abstain: Absent: ATTEST: Claire Cooper, City Clerk Pamela Torliatt, Mayor APPROVED AS TO FORM: Eric W. Danly, City Attorney Ordinance No. 2318 N.C.S. III EXHIBIT A Recording Requested by And Return To: City Clerk's Office City of Petaluma 11 English Street Petaluma, CA 94952 EXEMPT FROM RECORDING FEES PEF GOVERNMENT CODE §§6103,27383 FIRST AMENDMENT TO PARKING GARAGE EASEMENT AND OPERATING AGREEMENT Petaluma Theatre District (Petaluma, California) THIS FIRST AMENDMENT TO PARKING GARAGE EASEMENT AND OPERATING AGREEMENT (the "First Amendment") is made and entered into as of the _ day of December, 2008, by and among the City of Petaluma, a municipal corporation ("City"), the Petaluma Community Development Commission ("Agency"), Basin Street Properties, a California corporation ("Basin Street"), and Petaluma Theatre District Parking, LLC, a California limited liability company ("Parking LLC"). City, Agency, Basin Street and Parking LLC are individually referred to in this First Amendment as a "Party" and collectively as the "Parties". 11x011IF-Al'1 A. The Parties entered into that certain Parking Garage Easement and Operating Agreement dated as of June 30, 2007 (the "Agreement"). The Agreement was recorded in the Official Records of Sonoma County on August 20, 2007 as Instrument No. 2007092134. B. The First Amendment is being entered into pursuant to that certain Master Agreement between the Parties of even date herewith. C. The Parties wish to amend the Agreement as set forth in more detail below. AGREEMENT NOW, for good and valuable consideration and other mutual covenants, the Parties hereby agree as follows: Extension of Term. The 20 -year term of the easement granted in Section 3(a) of the Agreement, and the 20 -year term of the Agreement as set forth in Section 29 of the Agreement, are hereby extended for an additional period of forty (40) years, for a total term of sixty (60) years. Ordinance No. 2318 N.C.S. C� Maintenance. Notwithstanding Section 7 of the Agreement, expenses incurred by Parking LLC in connection with the generation or collection of parking revenue from the Parking Garage shall be subject to reimbursement out of revenue generated from the Parking Garage, as more fully set forth in the Master Agreement. Parkina Fees. Without limiting Parking LLC's existing rights to charge for parking in the Parking Garage, Parking LLC shall have the right to charge for parking in the Parking Garage in accordance with any shared revenue parking program established pursuant to the Master Agreement. Counteroarts. This First Amendment may be executed in two or more counterparts, which when taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the Parties have executed this First Amendment as of the day and year first above written. Dated: CITY OF PETALUMA By: John Brown City Manager Attest: By: City Clerk Approved As to Form By: City Attorney Ordinance No. 2318 N.C.S. r� Dated: Dated: Dated: BASIN STREET PROPERTIES, a California corporation -39 Matthew T. White President PETALUMA COMMUNITY DEVELOPMENT COMMISSION -32 John Brown Executive Director Approved As to Form: 31 Agency Counsel PETALUMA THEATRE DISTRICT PARKING, LLC, California limited liability company By: G&W Ventures, LLC, a California limited liability company Ordinance No. 2318 N.C.S. Matthew T. White Manager STATE OF CALIFORNIA COUNTY OF On , 2008 before me, , Notary Public, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose names) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the some in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument, I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature: (seal) V ATTACHMENT 2 ORDINANCE NO. 2318 N.C.S. CERTIFICATION Oi' PUBLICATION iN EFFECTIVE DATE OF ORDINANCE Petaluma Argus -Courier January 15, 2009 _ Introduced by Mike 0130. (Published Thursday) Seconded by Karen Nau OROHUNCE AUTHORIZING EXECUTION OF IN 1-11E .FIRST AMENDMENT TO PARKING GARAGE EASEMENT AND OPERATING AGREEMENT AND4UPERMOR COURT ACCEPTING EASEMENT OFTHE ty- WHEREAS, the City of Petaluma ("Cly") and Basin Street Properties ("Basin Street') entered into that certain STA FE OF CALIFORNIADevelopment Agreement ("Development Agreement") dated - ' as -of February 27, 2004, in accordance with procedures III and for the COLI N of Sonoma established by applicable law for such agreements; and, I WHEREAS the Petaluma Community Development DECLARATION ION I am a citizen of the United States, over the age of eighteen years and a resident of said county and was at all said times the principal cleric of the printer and publisher of The Petaiunm Argus -Courier, a newspaper Of general circulation- published cveelcly in the City Or Petaluma, in said County of Sonoma, State of California; that The Petaluma Argus -Courier is and was at all times herein mentioned, a newspaper of general circulation as that to Tl is ,',vf;ne ' ?,. Se�`Ih i 0(� or the Go,, crm;teui -ode; its status its such newspaper of general circulation having, been established by Court Decree No. 35318 of the Superior Court of the State of California, in and for the Count), of Sonoma, Department No. I thereof; and as pros ided by said Section 6000- is published for the dissemination of meal and telegraphic news and intelligence of a gefxral character, having a bona ftdc subscription list of pa}'ing subscribers, and i3 not devoted I(' the interests, or pubfi.;hed for the entertainment or instruction of a particular class- profession, trade, calling. :ace or denomination. or for the entertainment and instruction of site]; cusses. professions, trades, calling=, races or denominations. that at all said tinges said 11CWspaper has been established, published in the said City of Petaluma, in said Comity and State at rersular intervals for more than one year preceding the first publication of this notice l;erein mentioned; that said notice \vas set in type not smaller than nonpareil and was Preceded kvith \words printed in black face type not smeller than nonpareil. describing and expl'cssing in general terms. the purport and character of the notice intended to begivell: that the Notice of Ordinance, C�rdiancc Nn- NN R N.C.S. Aultorizin_2_Becgtion Adnienclrrlent in Parking Garaee Easement & OqIerltina agrren)cnt of which the annexed is printed copy, was Published and printed in said newspaper at least one consccuti\'e tittle commencing on the 18th clay of December- 2008 and ending on the 18th day of Decenihel 2008, to -wit December I8, 2003. 1 DECI ARI. UNDER PENALTY OF PERJURY that the fOregOillL h H'nC and correct. DATED thi< 181h day of December 2008, it Prtalunla- Catiforni.r t S l,giled 1 s�'- Donna Tanigucll Wit` f 0crk P170-to�ILit.; Co)nmission ("Agency") and Basin Street entered into that -certain Owner Participation Agreement dated as of February 27, 2004 as amended by that certain First Amendment to Owner Participation Agreement dated as of January 23, 2006. Such Owner Participation Agreement and First Amendment to Owner Participation Agreement are herein- after collectively referred to as "Targc"rpolion Agreement"; and, WHEREAS, by letter agreement between Basin Street and the City dated January 21, 2004 ("livery Stable Agreement") and by cultural resources mitigation museums required of Basin Street by both gra envelopment Agree -ear end em Participation Agreement, Basin Street assumed Cretem OUR - gallons regarding the historic Livery Stable on the Project Property, including relocation of the Livery Stable from the Projeat properly to a permanent tocattaA on Cay preperty and negotiation with the City Munger to establish fund - Ing for ongoing restoration and maintenance of the Livery Stable from revenue sources to bre determined by Basin Street; and, WHEREAS, Basin Street has relocated the Livery Stable to a permanent location on City property in accordance with the Livery Stable Agreement; and, WHEREAS, to satiety its obligation under the Livery Stable Agreement to negotiate to establish funding for ongoing restoration and maintenance of the Livery Stable, Basin Street has proposed a Master Agreement with the City and the Agency, described further below, which,among other things, provides for extending by 40 additional years I at no cost to the City the present term of an existing 20 year Parking Garage Easement and Operating Agreement record- ed as Document No. 2067092134 in the Official Records Of Sonne County ("Ganga Easement") executed between Basin Street and the City, which provides public parking spaces and public access to them in the 0' Street garage constructed as part of the Project; and, WHEREAS, Basin Street has completed, and City has accepted, by Resolution No. 2000-220 N.C.S. adopted 1 December 1, Wall, the public improvements required by he Development Agreement and Participation, Agrcemant; and, WHEREAS, Basin Street has completed, antl City has Issued Certificates of Occupancy for all components of the private improvements required to be constructed by Basin Street except for 15 of 105 total apartment units 1 In the Riverboat Apartments and a parking structure i to some the Riverfrom Apartment, a0 as shown an the Construction Plans approved for thell nater District project ("the Project"); and, WHEREAS, City staff has determined that the existing parking available to serve the Riverfront Apartments and its associated retail/commercial development is adequate and meets the standards required within the Centel Petaluma Specific Plan area without construction of the Riverboat Apartments parking structure; and, WHEREAS, the 15 residential units In the Riverboat Apartments which have not been constructed pursuant to the originally approved Construction Plans for the Project do not constitute a material unfulfilled element of Basle Street's performance under the Development Agreement and Participation Agreement, given the size and scope of the other private residential, retail, office and commercial space that comprise the Project and which have been cam slructed; and, WHEREAS, Section 9.3 of the Development Agreement provides that amendments to the Development Agreement which do not relate to (a) the term of the Development Agreement. (b) the permitted uses o1 the property Involved in the Project, (c) provisions for "significant" reservation or dedication of land, (d) conditions, terms, restrictions or requirements for subsequent discretionary actions, (e) the density or Intensity of use of the Pmjeeq (f) the maximum height or size of proposed buildings or (g) monetary contrl- buttons by the Developer provided for In the Development Agreement shall not require hearing before the Planning Commission or City Council before the parties may execute an amendment to the Development Agreement; and, WHEREAS, the proposed design change, not being u melorial part of Basin Street's performance under the Development Agreement, does not require formal action to amend the Development Agreement; and, WHEREAS, ..sapience of the pmPO design change means that all Certificates of Occupancy necessary far the WHEREAS, the proposed design change, not being a material part of Basin Street's performance under the Development Agreement, does not require formal action to amend the Development Agreement; and, WHEREAS, acceptance of the proposed design change means that all Certificates of Occupancy necessary far the Project have been Issued, and the Development Agreement therefore terminates by its Awn terms, as set forth In Section 4.3 of the Development Agreement; and, WHEREAS, the Master Agreement proposed by Basin Street Would, In addition to providing for extension of the Garage Easement, (1) accept the Rivemont Apartments design change; (ii) terminate the Development Agreement and the Participation Agreement such that future transfer- ees of the property and/or the private improvements In the Project would not be bound by the provisions, conditions, covenants and/or warranties contained In the Development Agreement or the Participation Agreement; and (III) sot- isfy all remaining obligations of Basin Street regarding the Livery Statue; and, WHEREAS, as part of the Master Agreement, Basin Street as an entity would continue to be bound by certain condi- tions, covenants and warranties expressly stated In Exhibit B to the Master Agreement, .despite termination of the Development Agreement and the Participation Agreement; and, WHEREAS, Basin Street hos caused to be prepared by a retained consultant a Petaluma Theatre District Parking Garage Financial Analysis (Walker Parking Consultants, November 201113, "Walker Report") which'volues the cost to the City of replacing the 216 public spaces provided under the Garage Easement at the and of Its exieting 20 year farm at a sum between $3.0 million dollars (surface parking) and Alf the City to realize "more e" over the extended period paid parking program were WHEREAS, the First Amendment to Parking Garage Easement and Operating Agreement extending the term of the Garage Easement Is attached hereto as Exhibit A and Incorporated herein by reference. NOW, THEREFORE, DE IT ORDAINED BY THE CITY COUNCIL OFTHE CITY OF PETALUMA AS FOLLOWS: Section 1. The City of Petaluma accepts the esse- ment for public access and parking Oasaribad In the First Amendment to Periling Garage Easement and Operating Agreement attached hereto as Exhibit A and authorizes and directs the City Manager to execute and have recorded on behall of the City said First Amendment to Parking Garage Easement and Operating Agreement., Section 2.This action is exempt tram the California Environmental Quality Act ("CEOA") pursuant to 14 California Code of Regulations, Section t5ggi(b)(3) because It can be seen with certainty that there Is no possibility that this action may have a significant affect on the environment as denm:d under CEQA. SmAioh 3. If any section, subsection, sentence, clauses phrase or word of this ordinance [a for any reason hold to be unconslilulionnl, unlawful or otherwise invnlld by a court of competent jurisdiction or preempted by state Ieglslatlon, such decision or legislation strait not affect the validity of file remaining portions of this ordinance. The City Council of the City of Petaluma hereby declares that it would have passed and adopted this ordinance and each and all pmvi- alone thereof Irrespective of the fact [list any one or more of said provisions be declared unconstitutional, unlawful or otherwise invalid. Section 4. This ordinance, or a synopsis of It shall be posted andlor published for the period and In the manner required by City Charter. Section 5. This ordinance shall become effective thirty (30) days after the date of its adoption by the Petaluma City Council. INTRODUCED, AND ORDERED posted/published this 8th day of Decemho• soca. aoOPTED this 15th day of December 2008. Ayes: Freitas, Harris, Nan, O'Brien, Vice Mayor Robbllt Noes: Barrett, MayorTorliatt Abstain: None Absent: None ' PamulaTorliett, Mnyor ATTEST: APPROVED AS TO FORM: Claire Cooper, City Clerk Eric W. Danly, City Attorney EXHIBIT A Recording Requested by And Return To: City Clark's Office City of Petaluma 11 English Street Petaluma, CA 44052 EXEMPT FROM RECORDING FEES PER GOVERNMENT CODE 946103, 27383 FIRST AMENDMF14TTO PARKING GARAGE EASEMENT AND OPERATING AGREEMENT Petaluma Theatre District (Petaluma, California) THIS FIRST AMENDMENT TO PARKING GARAGE EASEMENT AND OPERATING AGREEMENT (the 'That Amendment") Is made and entered Into as at the _tlay of Decembar,2000, by and among the City of Petaluma, o municipal corporation ("City"), the Petaluma Community Development Commission ("Agency"), Basin Street Properties, a California corporation ("Basin Street"), and Petaluma Theatre District Parking. LLC, a California limited liability company ("Parking LLC"). City, Agency, Basin Street and Parking LLC are Individually referred to In this First Amendment as a"Party" and collectively As the "Parties". RECITALS A. The Parties entered into trial certain Parking Garage Easement and Operating Agreement dated as of June 3a, 2007 (the "Agreement"). The Agreement was recorded in the Official Records of Sonoma County on August 20, 2807 as Instrument No. 2007002134. S. The First Amendment is being entered Into pursuant to that certain Master Agreement between the Parties at even date herewith, C. The Parties wish to amend the Agreement as set forth In more detail below. AGREEMENT NOW, for good And valuable considoratfon and other mutual covenants, the Parties hereby agree as follows: Extension of Term. The 20 -year term of the easement grant- ed In Section 3(a) of the Agreement, and the 2(1 -year term of the Agreement as eel forth in Section 213 o/ the Agreement, are hereby extended for an additional period of forty {40) years, for a total term of sixty (60) years. Maintenance. Notwithstanding Section 7 of the Agreement, expenses incurred by Parking LLC In connection with the generation or collection of parking revenue from the Parking Garage shall be subject to reimbursement out of revenue generated from the Parking Garage, as more fully set forth In the Master Agreement, Parking Fees. Without limiting Parking LLC's existing rights to charge for perking in the Parking Garage, Parking LLC shall have the right to charge for pnrking in the Parking Garage in accordance with any shared revenue parking pro- gram establtshod'pursuant to file Master Agreement Counterparts. This First Amendment may be'exesutad In two or more counterparts, which when taken together shall constitute one and lite same Instrument. IN WITNESS WHEREOF, the Parties have executed this First Amendment as of the day and year first above written. Dated: CITY OF PETALUMA Sohn Brown City Mnnager Attest: By: City Clerk Approved As to Farm: By - City Attorney Dated, BASIN STREET PROPERTIES, a California corporation By: Matthew T. White President Dated: PETALUMA COMMUNITY DEVELOPMENT COMMISSION By. John Brown Executive Director Approved As to Form: Bin Agency Counsel Dated PETALUMA THEATRE DISTRICT PARKING, LLC, California limited liability company By: G&W Ventures, LLC, a California limited liability company By MstthowT. While Manager - STATE OF CALIFORNIA COUNTY OF On ,2068 before me, ,Notary Public, personally appeared , who proved to me an the basis of satisfactory evidence to be the percents) whose name($) Istare subscribed' to the within Instrument and acknowledged in me that he/she/Ihey executed the some In h[Whadtheir authorized eapacltyges), and that by hlelhmof their signature(s) an the Instrument the person(s), or the entity upon behalf of which the parson(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph In true and correct. WITNESS my hand and official seat. Signature: (seat) PD84650463-Pub. December 18, 26118 ilhl A