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HomeMy WebLinkAbout404 RDA_CCv0001.pdf RESOLUTION NO. 404 RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS RESCINDING RESOLUTION NO. 247 AND TERMINATING THE REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS FOR 200 CRAIG COURT, REDLANDS, BETWEEN STEVEN A. MORSE AND AGNES MORSE AND THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS WHEREAS, there is in existence a Regulatory Agreement and Declaration of Restrictive Covenants ("Agreement") between Steven A. Morse and Agnes Morse ("Owners") and the Redevelopment Agency of the City of Redlands ("Agency"), which Agreement, dated August 6, 1996, was approved by the Agency pursuant to Resolution 247 and duly recorded on April 10, 1997, as Instrument No. 19970125282 in the Office of the San Bernardino County Recorder, pertaining to certain real property commonly referred to as 200 Craig Court, Redlands, California, 92374, and described more specifically in Exhibit A attached hereto and incorporated herein by reference; and WHEREAS, the parties to the Agreement mutually desire to terminate the Agreement; NOW, THEREFORE, the Redevelopment Agency of the City of Redlands hereby resolves as follows: SECTION 1. In consideration of the sum of Eight Thousand Three Hundred Thirty Dollars ($8,330.00), the receipt of which is hereby acknowledged by the Agency, Agency hereby rescinds Resolution No. 247 and releases Owners of the covenants and conditions set forth in the Agreement. SECTION 2. The Secretary of the Agency shall certify to the adoption of this resolution. ADOPTED, SIGNED AND APPROVED on this 19th day of September, 2006. J Harrison, Chairperson Attest: brie Poyz, gocy Secretary 1, Lorrie Poyzer, Secretary of the Redevelopment Agency of the City of Redlands, hereby certify that the foregoing resolution was duly adopted by the Redevelopment Agency at a regular meeting thereof held on the 19th day of September, 2006, by the following vote: AYES: Members Gilbreath, Gil, Gallagher, Aguilar; Chairperson Harrison NOES: None ABSENT: None ABSTAIN: None L.6,rrie ' *zer, A de �y ecretary EXHIBIT 'Wl LEGAL DESCRIPTION The following legal description describes real property commonly referred to as 200 Craig Court, Redlands, California, 92374: Lot 20 of Tract 6883, in the City of Redlands, County of San Bernardino, State of California, as per map recorded in Book 88, page(s) 14 & 15, of the maps in the office of the County Recorder of said County. Assessor's Parcel Number: 170-221-27