HomeMy WebLinkAbout6621RESOLUTION NO. 6621
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARCADIA, CALIFORNIA, APPROVING A SIXTH AMENDMENT
TO AGREEMENT AND LEASE BY AND BETWEEN THE CITY
OF ARCADIA AND METHODIST HOSPITAL OF SOUTHERN
CALIFORNIA
WHEREAS, on May 28, 1953, the City of Arcadia, a municipal corporation
("City"), as Lessor, and Hospital Foundation of the Methodist Church, Southern.
California-Arizona Conference, a nonprofit California corporation, executed an
Agreement and Lease covering the real property described therein ("Premises"),
which Agreement and Lease was recorded January 11, 1955 in Book 46609, Page
39 of the Official Records of Los Angeles County, California; and
WHEREAS, on August 9 , 1955, the parties to said Agreement and Lease
executed an amendment thereto, which amendment was recorded August 25, 1955
in Book 48769, Page 295, Official Records of Los Angeles County, California; and
WHEREAS, also on August 9, 1955, Hospital Foundation of the Methodist
Church, Southern California-Arizona Conference with the written consent of the
City assigned its interest in said Agreement and. Lease to Methodist Hospital of
Southern California, a nonprofit California corporation ("Hospital"), which
corporation assumed all of the obligations of the Hospital Foundation of the
Methodist Church, Southern California-Arizona Conference under said Agreement
and Lease; and
WHEREAS, said Agreement and Lease was further amended by a Second
Amendment to Lease dated July 5 , 1956 and recorded on August 22, 1956 in Book
52099, Page 103, Official Records of Los Angeles County, California; and
WHEREAS, said Agreement and Lease was further amended by a Third
Amendment to Lease dated September 18, 1961 and recorded on January 27, 1966
in Book M2109, Page 272, Official Records of Los Angeles County, California;
and
WHEREAS, said Agreement and Lease was further amended by a Fourth
Amendment to Lease dated December 23, 1963 and recorded May 11, 1964 in
Book M1518, Page 761, Official Records of Los Angeles County, California; and
WHEREAS, said Agreement and Lease was further amended by a Fifth
Amendment to Agreement and Lease dated August 5, 1980 and recorded on June
10, 1981, as Document Number 81-578698, in the Official Records of Los Angeles
County, California; and
WHEREAS, in support of the Hospital's efforts to seek financing for
purposes of updating and expanding the hospital and related facilities operated on
the Premises, and to reflect certain other changes to the Agreement and Lease
requested by the City, the Hospital and the City have prepared a Sixth Amendment
to the Agreement and Lease.
z 6621
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
ARCADIA, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The City Council hereby approves that certain Sixth
Amendment to Agreement and Lease by and between the City of Arcadia and
Methodist Hospital of Southern California, a copy of which is attached hereto as
Exhibit "A" and incorporated herein by reference.
SECTION 2. The Mayor is hereby authorized and directed to execute
the Sixth Amendment to Agreement and Lease, together with such changes thereto
as are deemed reasonable and necessary by the City Manager and City Attorney in
order to accomplish the purpose of facilitating the currently proposed Hospital
financing and related matters. The Mayor and the City Manager, or their
designees, are further authorized and directed to execute such other documents as
are reasonable and necessary to accomplish the foregoing.
SECTION 3. The City Clerk shall certify to the adoption of this
Resolution.
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Passed, approved and adopted this tsc day of April , 2008.
Mayor of t e i of Arcadia
ATTEST:
City Clerk
APPROVED AS TO FORM:
Y'' ~~i"""~'rrn
Stephen P. Deitsch
City Attorney
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES) SS:
CITY OF ARCADIA )
I, JAMES H. BARROWS, City Clerk of the City of Arcadia, hereby certifies
that the foregoing Resolution No. 6621 was passed and adopted by the City Council
of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a
regular meeting of said Council held on the 1st day of April, 2008 and that said
Resolution was adopted by the following vote, to wit:
AYES: Council Member Amundson, Chandler, Wuo and Segal
NOES: None
ABSENT: Council Member Harbicht
City Clerk of the City of Arcadia
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