Resolution Number 87-2-17-2187
RESOLUTION NO. 87-2-17-2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
JUAN CAPISTRANO, CALIFORNIA, APPROVING ASSIGNMENT OF
DEVELOPMENT AGREEMENT FROM CAPISTRANO GROUP, INC.,
TO SHERATON INTERCONTINENTAL DEVELOPMENT, INC.
(TENTATIVE TRACT 11753)
WHEREAS, the City of San Juan Capistrano has entered into a development
agreement with Capistrano Group, Inc., providing for developer obligations in posting of
security therefor, dated August 20, 1985; and,
WHEREAS, developer desires to assign said agreement to Sheraton
Intercontinental Development, Inc; and,
WHEREAS, the City of San Juan Capistrano has no objection to said
assignment.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
San Juan Capistrano, does hereby approve the proposed transfer and assignment of said
development agreement from Capistrano Group, Inc., to Sheraton Intercontinental
Development, Inc.
PASSED, APPROVED, AND ADOPTED this 17th day
of February , 1987.
ATTEST:
ITY CLFRY
KENNETH E. FR SS, M YOR
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188
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, MARY ANN HANOVER, 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. 87-2-17-2 adopted by the City Council of the City of San Juan —
Capistrano, California, at a regular meeting thereof held on the 17th day
of February , 1987, by the following vote:
AYES: Councilmen Schwartze, Bland, Buchheim,
Hausdorfer, and Mayor Friess
NOES: None
ABSENT: None
(SEAL)
MARY AN OVE , CITY CLERK
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