1990/06/26 City Council Resolution (13)RESOLUTION NO. 90----!AO
A RESOLUTION ACCEPTING A GRANT DEED
(from Santa Rosa Memorial Hospital re. hospital site)
WHEREAS, on the 22nd day of March, 1982 the City of Rohnert Park,
hereinafter referred to as "City," and Santa Rosa Memorial Hospital, hereinafter
referred to as "Memorial," entered into an agreement which provided for the
transfer of real property owned by the "City" to "Memorial" for anticipated
development of an acute care hospital; and
WHEREAS, the "City" deeded the site to "Memorial" by a deed dated March 22,
1982; and
WHEREAS, "Memorial," by letter dated May 30, 1990, has indicated, thpt the
construction of an acute care facility on the site is not financially feasible as far
as "Memorial" is concerned and in the same letter agrees to reconvey title to the
property back to the "City" upon reimbursement of the payment of $93,371.46 that
"Memorial" made to "City" when the "City" conveyed the property to "Memorial;"
and
WHEREAS, the agreement between "Memorial" and "City" provides that if the
"City" exercises its right to revert the property to the "City," it must pay
"Memorial" for the cost of any improvements placed on the property at
"Memorial's" cost of construction less the unpaid balance of any deed of trust
on the property and such payment must be made within one (1) year of the
exercise of the right of reverter; and
WHEREAS, the "City" has determined that the value of the improvements
placed on the property by "Memorial" less any unpaid obligation against the
property is $93,371.46; and
WHEREAS, the "City" is desirous of having title to the property returned to
"City. It y•
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Rohnert Park
that in consideration for the return of title to the hospital site to "City" by
"Memorial" that payment to "Memorial" in the amount of $93,371.46 is hereby
authorized.
BE IT FURTHER RESOLVED by the Council of the City of Rohnert Park that that
certain Corporation Grant Deed from Santa Rosa Memorial Hospital to the City of
Rohnert Park for the site on Medical Center Drive, which was the real property
referred to in the March 22, 1982 agreement between the parties, be and the same
is hereby accepted and the Mayor is authorized and directed to execute a
Certificate of Acceptance for said deed for and on behalf of the City of Rohnert
Park. DU1,CjT #ND REGULARLY ADOPTED this 26th day of June, 1990.
CITY OF ROHNERT PARK
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EST: x i ''!", Mayor
Deputy City Cler
O HRA A ' O .AYE HOPIS AYEoSp€ LI NGSt ORTH AYE
,AYES 5 NOES ASSET —2 ABSTAIN
CERTIFICATE OF ACCEPTANCE
This is to certify that the interest in real property conveyed by that
certain Corporation Grant Deed dated June 26 l9 from Santa Rosa Memorial
Hospital, a California non-profit corporation, to the City Of Rnhnert Park,
a municipal corporation, is hereby accepted by the undersigned officer or
agent on behalf of the City, pursuant to authority conferred by Resolution
of the City Council of said City adopted on June 25, 1990, and the Grantee
consents to recordation thereof by its duly authorized officer.
CITY OF R0HNERT PARK