2003/03/11 City Council Resolution (5)RESOLUTION NO. 2003- 43
A RESOLUTION OF THE COUNCIL OF THE CITY OF ROHNERT PARK
APPROVING AN ASSIGNMENT, CONSENT AND ASSUMPTION AGREEMENT
WITH ROHNERT CROSSBROOK ASSOCIATES, LLC, [SACKS]
AND U.S. BANK NATIONAL ASSOCIATION
BE IT RESOLVED by the City Council of the City of Rohnert Park that it does hereby
authorize and approve an Assignment, Consent and Assumption Agreement by and between
Rohnert Crossbrook Associates, LLC, a California limited liability (the "Transferor "), [SACKS],
a [California limited partnership] (the "Transferee "), the City of Rohnert Park, a municipal
corporation and a California joint powers agency (the "Issuer "), and U.S. Bank National
Association, as successor trustee under the Indenture (the "Trustee "), for real property situated in
Rohnert Park, Sonoma County, California and the multifamily rental housing development,
including all structures, buildings, fixtures or improvements, situated thereon.
BE IT FURTHER RESOLVED that the City Manager is hereby authorized and directed
to execute same for and on behalf of the City of Rohnert Park.
DULY AND REGULARLY ADOPTED this 1 Ith day of March, 2003.
ATTEST:
CITY
CITY OF ROHNERT PARK
layor
JH- h:031103 Resol for Crossbrook Aptnmts Assgmnnt Consent & Agreement
FLORES: AYE MACKENZIE: AYE NORDIN: AYE SPRADLIN: AYE VIDAK- MARTINEZ: AYE
AYES: (5) NOES: (0) ABSENT: (0) ABSTAIN: (0)