Resolution Number 93-6-1-211
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RESOLUTION NO. 93-6-1-2
WIRT i • i •
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO, CALIFORNIA, APPROVING THE TERMINATION OF THE
DISPOSITION AND DEVELOPMENT AGREEMENT WITHIN THE SAN JUAN
CAPISTRANO CENTRAL REDEVELOPMENT PROJECT AREA TO OLIVER
McMILLAN CAPISTRANO I, LTD. (HISTORIC TOWN CENTER)
WHEREAS, the Community Redevelopment Agency of the City of San Juan Capistrano (the
"Agency") is engaged in activities necessary to carry out and implement the Redevelopment Plan for the San Juan
Capistrano Central Redevelopment Project Area; and,
WHEREAS, the Agency entered into a Disposition and Development Agreement (the
"Agreement"), with Oliver McMillan Capistrano I, Ltd., (the "Developer") for the implementation of the project
known as the Historic Town Center located on El Camino Real in the San Juan Capistrano Central
Redevelopment Project Area; and,
WHEREAS, the Developer was unable to complete its obligations under the Disposition and
Development Agreement, and the Agency and the City of San Juan Capistrano have reached a Settlement
Agreement and Mutual General Release of all Claims.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of San Juan
Capistrano that the Disposition and Development Agreement with Oliver McMillan Capistrano I, Ltd., is hereby
terminated.
ATTEST:
PASSED, APPROVED, AND ADOPTED this
i10- qn-1 h.
day of June ,
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, CHERYL JOHNSON, City Clerk of the City of San Juan Capistrano, California, DO
HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. 93-6-1-2
adopted by the City Council of the City of San Juan Capistrano, California, at a regular meeting thereof held
on the t st day of ,lune , 1993, by the following vote:
AYES: Council Members Hausdorfer, Campbell, Vasquez and
Mayor Jones
NOES: None
ABSTAIN -None
ABSENT: Council Member Nash
(SEAL)
CHERYL JOH ITY CLERK
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