HomeMy WebLinkAboutReso 02-15RESOLUTION NO.02-15
RESOLUTION OF THE CITY COUNCIL
10 OF THE CITY OF MORRO BAY, CALIFORNIA
ASSIGNING LEASE SITE 144/144W LOCATED AT 1287 EMBARCADERO
TO THE MORRO BAY OYSTER COMPANY, LLC
THE CITY COUNCIL
City of Morro Bay, California
WHEREAS, the City of Mono Bay is the lessor of certain properties on the
Morro Bay Waterfront described as City Tidelands leases and properties; and
WHEREAS, since 1983, Charles and Sandra Marciel, doing business as M&M
Refrigeration, have been the lessees of Lease Site 144/144W and are tenants in good
standing; and
WHEREAS, the Morro Bay Oyster Company, LLC are currently subtenants at
Lease Site 144/144W and are also tenants in good standing; and
WHEREAS, Charles and Sandra Marciel are selling their Master Lease and have
applied for assignment of the Master Lease for Lease Site 144/144W to the Morro Bay
Oyster Company, LLC, and both parties are currently in escrow on said property.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Morro Bay, California, as follows:
1. Said Assignment and Assumption Agreement approval is contingent
upon successful closing of escrow between Charles and Sandra
Marciel, dba M&M Refrigeration and the Morro Bay Oyster
Company, LLC; and
2. The Mayor is hereby authorized to execute said Assignment and
Assumption Agreement as approved by the City Attorney.
PASSED AND ADOPTED by the City Council of the City of Morro Bay at a
regular meeting thereof held on the 13th day of January, 2015 on the following vote:
AYES: Irons, Headding, Johnson, Makowetski, Smukler
NOES: None
ABSENT: None
ie L. Irons, Mayor
ATTEST: l
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ana Swanson, City Clerk