2001/11/13 City Council Resolution (7)RESOLUTION NO.2001— 236
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK
APPROVING ASSIGNMENT OF THE PROJECT AGREEMENT AND GROUND LEASE
DATED NOVEMBER 24, 1998 BY AND BETWEEN THE CITY OF ROHNERT PARK AND
THE ROHNERT PARK WELLNESS CENTER, LLC. TO KISCO RETIREMENT
COMMUNITIES
WHEREAS, on November 24, 1998; the City of Rohnert Park (hereinafter referred to as "City ")
and the Rohnert Park Wellness Center, LLC (hereinafter referred to as "RPWC "), entered into that
certain Project Agreement and Ground Lease for a 9.92 acre site located on Medical Center for the
purpose of RPWC developing a Healthcare and Wellness Center Campus; and
WHEREAS, Kisco Retirement Communities (hereinafter referred to as "Kisco ") is an industry
leader in designing, building, operating and providing quality housing and healthcare services for
Seniors, and has the financial strength and experience to build and operate a Healthcare Campus; and
WHEREAS, RPWC selected Kisco as the master tenant and developer of the project and has
requested assignment of the Project Agreement and Ground Lease to Kisco; and
WHEREAS, Kisco agrees to abide by all terms and conditions of the original Project Agreement
and Ground Lease executed by RPWC on November 24, 1.998, subject to the terms, conditions, and
execution of the Ground Lease Amendment and any future Amendments thereto.
NOW, THEREFORE, BE IT HEREBY RESOLVED by the Rohnert Park City Council that
assignment of the Project Agreement and Ground Lease dated November 24, 1998, by and between
RPWC and City to Kisco is approved; and
BE IT FURTHER RESOLVED by the Rohnert Park City Council that the City Manager is
hereby authorized to sign the Lease Assignment on behalf of the City.
DULY AND REGULARLY ADOPTED by the Rohnert Park City Council this 13th day of
November 2001.
FLORES: AVE REILLY: AYE SPIRO: AYE VIIDAK- MARTINEZ: AYE MACKENZIE: AVE
AYES: (5) NOES: (0) ABSENT: (0) ABSTAIN: (0)