HomeMy WebLinkAbout18221 - RESOLUTIONS - 11/3/1993 RESOLUTION NO. 18221
r OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING AN ASSIGNMENT
AND ASSUMPTION OF SUBLEASE AGREEMENT BY AND
BETWEEN SENCA PALM SPRINGS, INC. AND NOAH
THOMAS SUITT, JR. , AND JACQUELINE HELEN SUITT,
AS TRUSTEES OF THE SUITT REVOCABLE INTER VIVOS
TRUST, SUBJECT TO CONDITION.
WHEREAS the City of Palm Springs is the Lessee under the
Convention Center project Master Lease, Palm Springs Lease -
315 (PSL 315) ; and
WHEREAS PSL 315 requires all Leases, Subleases and Amendments
and/or Assignments thereof to receive the approval of the
Secretary of the Interior or his authorized representative,
which has been designated to be the Palm Springs Office of the
Bureau of Indian Affairs (BIA) ; and
WHEREAS Subleases entered into under PSL 315 require that the
Subtenants obtain the prior approval of the City of Palm
Springs of any Assignments or Subleases or Amendments thereto,
which consent should not be unreasonably withheld; and
WHEREAS a Sublease by and between SENCA Palm Springs, Inc. and
the City of Palm Springs entered into on September 28, 1989
' was sold at public auction on October 14, 1993; and
WHEREAS that sale requires the approval of the City of Palm
Springs, which approval is granted through an Assignment and
Assumption of Sublease Agreement; and
WHEREAS the Assignee under the proposed Assignment and
Assumption of Sublease Agreement will be revocable trust, the
City Council desires that the trustees of the trust be
individual guarantors of performance under the Sublease.
NOW THEREFORE BE IT RESOLVED by the City Council of the City
of Palm Springs, that the Assignment and Assumption of
Sublease Agreement by and between SENCA Palm Springs, Inc. and
Noah Thomas Suitt, Jr. Inc. and Jacqueline Helen Suitt, as
trustees of The Suitt Revocable Inter Vivos Trust is hereby
approved, subject to a personal guarantee of performance under
said Sublease by Noah Thomas Suitt, Jr. and Jacqueline Helen
Suitt, individually and collectively, executed in a form
acceptable to the City Attorney.
ADOPTED this 3rd day of November
� , 1993 .
AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov
NOES: None
ABSENT: None
ATTEST: , CIT OF_ SP G , CALIFORNIA
By �i "•�-_� 7 ��
City Clerk y M nager
&REVIEWED & APPROVED ����