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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 88-505 <br /> <br /> APPROVAL OF PLACEMENT OF SURRENDER AND <br /> QUITCLAIM OF T2ASE BETWEEN CITY OF <br /> PT~ASANTONAND CITY OF P~ASANTON PUBLIC <br /> FACILITIES CORPORATION ON 11/1/88 AGENDA <br /> <br />WHEREAS, on October 30, 1988, the City Attorney's office <br /> received a written communication from Northwestern <br /> Title Company that appropriate action must be taken <br /> to release the City's interest in a lease between <br /> the City and City of Pleasanton Public Facilities <br /> Corporation prior to action to finance the new <br /> corporation yard; and <br /> <br />WHEREAS, the Brown Act, and the Council's Rules and <br /> Procedures, permit the Council to add an item to <br /> its agenda upon a 2/3 vote of the Council that the <br /> item arose after the time that the agenda was <br /> posted; and <br /> <br />WHEREAS, the Council determines that there is a need to <br /> expedite the issuance of financing for the <br /> corporation yard and if not expedited the cost of <br /> issuance may be increased; <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />RESOLVES AS FOLLOWS: <br /> <br />Section 1: Based on the determinations set forth above, the <br /> City Attorney's request to add the surrender and <br /> quitclaim of lease, dated July 1, 1973, is hereby <br /> added to the November 1, 1988 agenda for Council <br /> consideration and action. <br /> <br />Section 2: This resolution shall become effective <br /> immediately upon its passage and adoption. <br /> <br /> <br />