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R-7243 e e RESOLUTION NUMBER 7243 (CCS) (City council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA APPROVING ASSIGNMENT OF CONTRACT NUMBER 1828 (CCS) WHEREAS, the city of Santa Monica entered into Contract Number 1828 (CCS) with wilshire West Company of April 23, 1969 for the lease of a minimum of 265 parking spaces in a downtown parking structure; and WHEREAS, Contract Number 1828 (CCS) was assigned by Wilshire West company, a California corporation, with the consent of the City, to the General Telephone of california, a California Corporation, on March 5, 1985; and WHEREAS, on April 22, 1986, the City Council adopted Resol ution Number 7203 (CCS) which approved an amendment to Contract Number 1828 (CCS); and WHEREAS, the city of Santa Monica has received a request from General Telephone Company of California to approve an assignment of Contract Number 1828 (CCS), as amended, to Philprop Development Company, a California Corporation; and WHEREAS, Section 2.05 of Contract Number 1828 (CCS), as amended, provides that all or part of the lease may be assigned subject to first obtaining the city's written consent to said - 1 - ~ e e assignment and that said consent will not be unreasonably withheld; and WHEREAS, section 2.06 of Contract Number 182 a (CCS), as amended, provides that the City will act promptly and reasonably in acting upon a request for consent to assign the lease, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. The City Council of the City of Santa Monica approves the assignment of Contract Number 1828 (CCS) (and any amendments and addendums thereto) from General Telepone Company of California, a California corporation, to Philprop Development Company, a California corporation, and authorizes the City Manager to execute an Assignment of Lease and Lessor's Consent in the form attached hereto as Exhibit "A". - 2 - e e SECTION 2. The City Clerk shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: ~~~~ ROBERT M. MYERS 0 city Attorney - 3 - It e ASSIGNMENT OF LEASE AND LESSOR'S CONSENT Santa Monica, California June -' 1986 GENERAL TELEPHONE COMPANY OF CALIFORNIA, a California corporation ("GTell), by virtue of a certain Ass1qnment of Lease and Lessor's Consent dated February 25, 1985 between GTC, the Clty (as defined hereln) and Wllshlre West Company, is the LESSEE under a Lease Agreement dated April 23, 1968, with THE CITY OF SANTA MONICA, a munlcipal corporatJ.on, and THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA (collectively, the "City"), identifled as Contract No. 1828 (CCS), and all later amendments and supplements thereto, lncluding without limitation that certain Amendment to Parking Lease dated Aprl1 22, 1986 entered lnto between GTC and the Clty (the "Lease") The premises in the Lease are a maximum of three hundred twenty (320) "Parklng Spaces" in "Parklng Structures" (as those terms are deflned in the Lease) on the east slde of Second Street between Santa Monica and Wllshire Boulevards in the Clty of Santa MonJ.ca Effective upon and from the date that the deed from GTe to Plulprop DeveloIment Co., a CaJ lforru.a corporatJ.on ("PhJ.llXOP") of the General Telephone Company bUlldJ.nq at WilshJ.re Boulevard and Ocean Avenue in Santa Mon~ca (Lot 1 of Tract 35412) is recorded in the Office of the Los Angeles County Recorder ("Effect~ve Date"), GTC asslgns its entlre interest under the Lease to Phllprop and by its signature below, Phllprop accepts the Asslgnment and agrees and promlses to perform all of the LESSEE's obllgat~ons thereunder from and after the Effective Date. Effective upon and from the Effectlve Date, GTC shall hold Phl1prop harmless from and against any and all liabllitles, claims, demands, losses, damages, costs and expenses Clncluding, Wlthout limltatlon, reasonable attorneys' fees), actions or causes of actlon, arls1ng out of or relatJ.ng to the Lease which occurred or Were incurred prior to the Effective Date. Effectlve upon and from the Effective Date, Phllprop shall hold GTC harmless from and against any and all llabJ.llties, claims, demands, losses, damages, costs and expenses (includlng, without llmitatlon, reasonable attorneys' fees), actions or causes of actlon, arlslng out of or re1at~nq to the Lease Which occur on or after the Effectlve Date. The prOV1Sions hereof shall be binding on and lnure to the beneflt of the partles hereto and their respective successors and asslgns IN WITNESS WHEREOF, GTC and Philprop have executed this Instrument on the respectlve dates set forth below "ASSIGNOR" June 19, 1986 Date of Executlon GENERAL TELEPHONE COMPANY OF CALIFORNIA, a cal?for a corporation By: .{~.I)'I(. ~ / Richard M. Cahlll Type Name Here g2637153 6/13/86 ADF/js 8: 55am e June 16. 1986 Date of Execution WE CONSENT TO THE ASSIGNMENT Date of Executlon Date of Executlon APPROVED AS TO FORM: ~\.,.o\,..~ Santa Monlca Clty Attorney Robert M. Myers Type Name Here June 24, 1986 Date of Executlon e Its. V~ce-Presldent, General Counsel & Secretary "ASSIGNEE" PHlLPFOP DEVE:WPMl:NI' OJ. a Callforn18 corpo tlon Paul J. Gluntuu Type Name Here I ts . Pres.ldent CITY OF Sfu~TA MONICA, a municlpal corporation By Type Name Here Its: Clty Manager THE PARKING AUTHORIITY OF THE CITY OF SANTA MONICA By. Type Name Here Its' Executlve Secretary 2 ~ e e Adopted and approved thIS 24th day of June, 1986. (J~L~~ 1 ~ / . ...... 'Mayor ..- I hereby certify that the foregoing Resolution No. 7243(CCS) was duly adopted by the City Council of the City of Santa Monica at a meeting thereof held on June 24, 1986 by the following Council vote: Ayes: Councilmembers: Conn, Epstein, JennIngs, A. Katz, H. Katz, Zane, and Mayor Reed Noes: Councilmembers: None Abstain: Councilmembers: None Absent: Councllmembers: None - -- '--: A TrEs.I' : - _ - - .... ~. tZE . -~-'-: ~-.- --- , ~7:?4-A;~ ~Ci ~y Clerk ~ _ ,-" -.... -- --..-:--..-- .......-