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HomeMy WebLinkAboutCC Res 6166 2011-07-25RESOLUTION NUMBER 6166 A RESOLUTION OF THE SEAL BEACH CITY COUNCIL APPROVING AMENDMENT NO. TWO AMENDING AND EXTENDING THE TERM OF THE AGREEMENT DCOR'S USE OF THE SEAL BEACH PIER WHEREAS, this Amendment ( "Amendment No, 2 ") is entered into by and between the City of Seal Beach, a California charter city ( "City "), and DCOR, LLC, a Texas limited liability company ( "Company ") this 25th day of July 2011. WHEREAS, on July 1, 2006, City and Company entered into a five (5) agreement ( "Agreement ") granting to Company certain landing rights on the Seal Beach Pier ( "Pier ") and other privileges subject to the terms and conditions of the Agreement: WHEREAS, the parties wish to amend and extend the Agreement, as amended. NOW, THEREFORE, THE SEAL BEACH CITY COUNCIL DOES HEREBY RESOLVE: Section 1. The City Council hereby approves the same terms and conditions of the existing agreement and extend for a period of five (5) years, commencing on August 1, 2011 and continuing until July 31, 2016. The Monthly Fee for the first year of the extended term commencing on August 1, 2011 shall be $8,500, and in subsequent years shall be adjusted as provided in Section 4.2 (CPI). Section 2. The City Council hereby authorizes the City Manager to execute the Agreement. PASSED, APPROVED and ADOPTED by the Seal Beach City Council at a regular meeting held on the 25th day of July , 2011 by the following vote: AYES: Council Members 4& 4 ,6 1 NOES: Council Members ABSENT: Council Members ABSTAIN: Council Memb ATTEST: STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } I, Linda Devine, City Clerk of the City of Seal Beach, do hereby certify that the foregoing resolution is the original copy of Resolution Number 6166 on file in the office of the City Clerk, passed, approved, and adopted by the Seal Beach City Council at a regular meeting held on the 25th day of July , 2011. Cit Clerk