HomeMy WebLinkAbout067-89 RESOLUTION NO. 67-89
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF DANVILLE
APPROVING THE ADDENDUM TO DEVELOPMENT AGREEMENT
FOR DEVELOPMENT OF TASSAJARA RANCH
WHEREAS, this Addendum is entered into between the Town of Danville,
South Hill Partners, Ltd., a California limited partnership ("South
Hill") and H. R. Remington Properties, L.P., a California limited
Partnership ("Remington"); and
WHEREAS, on May 6, 1987, the Town approved and entered into a
Development Agreement between the Town of Danville and Tassajara
Partners, Fredericks Development Corporation and Presley of Northern
California, Inc., for development of Tassajara Ranch; and
WHEREAS, Presley of Northern California, Inc., assigned its rights
under the Development Agreement to South Hill as permitted by Section 3
of the Development Agreement.
WHEREAS, Presley, South Hill and the Town recorded their consent to
the assignment in Paragraph C pursuant to the Addendum to Development
Agreement for Development of Tassajara Ranch which was recorded in the
office of the County Recorder on March 28, 1989, at Book 14963, Page 701.
WHEREAS, South Hill has now assigned its rights under the Development
Agreement to its successor, Remington, as permitted by Section 3 of the
Development Agreement. South Hill, Remington and the Town now wish to
record their consent to this Assignment by this Addendum; now, therefore,
BE IT RESOLVED, by the Town Council of the Town of Danville, that the
Town hereby approves and consents to the assignment of the interests
specified above from South Hill Partners to Remington Properties.
PASSED, APPROVED AND ADOPTED this 5th day of June 1989, by
the following vote:
AYES: GREENBERG, JAGGER, LANE, RITCHEY, SCHLENDORF
NOES: NONE
ABSTAIN: NONE
MAYOR j
ATTEST:
C~R~~ APPROVED AS TO FOR/~: _
~CITY ATTORNEY ~