HomeMy WebLinkAboutResolution 90-098 04/02/1990R~SOIUtIOn NO. 90-98 N.C.~.
of the City of Petaluma, California
RESOLUTION RECOGNIZING JGRANDE COMPANY
AS SUCCESSOR IN INTEREST TO
ADOBE CREEK GOLF AND COUNTRY CLUB UNIT 2
(INCLUDING THE GOLF COURSE) AND THE
DEVELOPMENT AGREEMENT FOR SAID PROJECT
WHEREAS, the City of Petaluma and Duffel Financial and Construction Company have
entered into a Development Agreement for the Adobe Creek Golf and Country Club
project;
AND, WHEREAS, the Development Agreement was entered into on December 7, 1987
and recorded on January 22, 1988, Recorder's No. 88005149;
AND, WHEREAS, the .Development .Agreement was subsequently amended on December
6, 1989 and said amendment was recorded on December 28, 1989, Recorder's No.
89124946;
AND, WHEREAS, Duffel Financial and Construction Company has informed the City of
Petaluma of the sale of Adobe Creek Golf and Country Club Unit 2, including the golf
course, to JGrande, Inc.;
AND, WHEREAS, Duffel Financial and Construction Company and JGrande, Inc. have
requested the City recognize JGrande, Inc. as successor in interest to said project and thus
the applicable Development Agreement.
AND, WHEREAS, the existing Development Agreement provides that the City Council
must approve the assignment.
NOW, THEREFORE, BE IT RESOLVED that this Council hereby recognizes JGrande,
Inc. as successor in interest to Adobe Creek Golf and Country Club Unit 2 and the
applicable portions of the Development Agreement; and
BE IT FURTHER RESOLVED, that the Mayor or City Manager is directed and
authorized to sign and cause to be recorded a document with the Sonoma County Recorder
on behalf of the City of Petaluma which recognizes JGrande, Inc. as a participant to the
approved Development Agreement now in effect for the aforementioned project.
adreso/council
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the A roved as to
Council of the City of Petaluma at a (Regular) (7?Ldj16~~}c:(S~f~) meetin
on the ...2nd ............... day of .......... AP ~.?,.~.-----............................. _., 19...9.0, by the . , ;
following vote:
qty Atto ey
AYES: Tencer, Woolsey, Cavanagh, Balshaw, Davis, Vice Mayor Sobel, Mayor Hilligoss
NOES: 0
ABSENT:
ATTEST : ... ........... .................................. ... ':..
. ........................
City Clerk
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Mayor
Council File ....................................
CA 10-85 Res. Na...9.0.-..98............ N.C.S.