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Current Council Agenda and Past Meeting Information

 

CITY COUNCIL AGENDA ITEM NO. 26

Meeting Date: September 12, 2006

Subject/Title: Adopt a Resolution approving and authorizing the City Manager to sign a Notice of Release of Agreement with Harvest Park Bowl Limited Partnership, dba, Harvest Park Bowl Center to terminate a Deferred Facility Fee Agreement for the property located at 5000 Balfour Road.

Prepared by: Brian Kelleher, Accountant II

Submitted by: Pamela Ehler, Director of Finance & Information Systems

RECOMMENDATION
Adopt a Resolution approving and authorizing the City Manager to sign a Notice of Release of Agreement with Harvest Park Bowl Limited Partnership , dba, Harvest Park Bowl Center to terminate a Deferred Facility Fee Agreement for the property located at 5000 Balfour Road.

PREVIOUS ACTION
On June 21, 1993 and amended on May 24, 1994 the City of Brentwood (“City”) approved a Deferred Facility Fee Agreement with Harvest Park Bowl Limited Partnership, dba, Harvest Park Bowl Center (“Owner”). The obligated amount of the deferred facility fee was $120,711.00.

On August 25, 1998 the City of Brentwood (“City”) extended the time period by which the Owner shall re-pay the City on the Deferred Facility Fee Agreement with Harvest Park Bowl Limited Partnership, dba, Harvest Park Bowl Center (“Owner”). The obligated amount of the deferred facility fee remained at $120,711.00.

BACKGROUND
The Owner has complied with its obligation outlined under the deferred facility fee agreement to the satisfaction of the City and now the Owner desires to be released from the obligations of the agreement and have the lien removed from the property located at 5000 Balfour Road.

FISCAL IMPACT
There in no fiscal impact related to approving the Notice of Release of Agreement for Harvest Park Bowl Limited Partnership, dba, Harvest Park Bowl Center.

Attachment:
Resolution
Notice of Release of Agreement

RESOLUTION NO.

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BRENTWOOD APPROVING, AND AUTHORIZING THE CITY MANAGER TO SIGN, A NOTICE OF RELEASE OF AGREEMENT WITH HARVEST PARK BOWL LIMITED PARNERSHIP, DBA, HARVEST PARK BOWL CENTER TO TERMINATE A DEFERRED FACILITY FEE AGREEMENT FOR THE PROPERTY LOCATED AT 5000 BALFOUR ROAD, BRENTWOOD, CA 94513

WHEREAS, on June 21, 1993 and amended on May 24, 1994, the City of Brentwood (“City”) approved a Deferred Facility Fee Agreement with Harvest Park Bowl Limited Partnership, dba, Harvest Park Bowl Center (“Owner”). The obligation amount of the deferred facility fee was $120,711.00.

WHEREAS, August 25, 1998 the City of Brentwood (“City”) extended the time period by which the Owner shall re-pay the City on the Deferred Facility Fee Agreement with Harvest Park Bowl Limited Partnership, dba, Harvest Park Bowl Center (“Owner”). The obligated amount of the deferred facility fee remained at $120,711.00.

WHEREAS, Harvest Park Bowl Limited Partnership, dba, Harvest Park Bowl Center (“Owner”) has fulfilled payments associated with the deferred facility amount of $120,711.00.

NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Brentwood approves, and authorizes the City Manager to sign, the Notice of Release of Agreement with Harvest Park Bowl Limited Partnership, dba, Harvest Park Bowl Center, attached hereto, subject to minor revisions approved by the City Attorney.

PASSED, APPROVED AND ADOPTED by the City Council of the City of Brentwood at a regular meeting held on the 12th day of September 2006 by the following vote:
 

City Administration
City of Brentwood City Council
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Brentwood, CA 94513
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E-mail allcouncil@brentwoodca.gov