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Resolution No. 8992I RESOLUTION NO. 8992 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF 4 EXTENSIONS TO LISTING AGREEMENTS BY AND BETWEEN THE CITY OF VERNON AND CUSHMAN & WAKEFIELD 5 6 WHEREAS, on September 7, 2005, the City Council of the City 7 of Vernon adopted Resolution No. 8843 approving three listing 8 agreements with Cushman & Wakefield of California, Inc. ("Cushman & 9 Wakefield") for properties located at 4900 Bandini Boulevard, 3250 E. 10 Washington Boulevard and 2301 E. Vernon Avenue in the City of Vernon; 11 and 12 WHEREAS, the property located at 4900 Bandini Boulevard in 13 the City of Vernon has been sold; and 14 WHEREAS, the listing for properties located at 3250 E. 15 Washington Boulevard and 2301 E. Vernon Avenue in the City of Vernon 16 (collectively, the "Properties") expires on March 13, 2006, unless 17 extended; and 18 WHEREAS, City staff have recommended that the listing with 19 Cushman & Wakefield for the Properties be extended to September 13, 20 2006; and 21 WHEREAS, the City Council of the City of Vernon has 22 determined that, pursuant to the provisions of subsection (a) of 23 Section 2.27 of the Vernon City Code, it is in the public interest 24 and necessity to enter into listing extensions with Cushman & 25 Wakefield. 26 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE 27 CITY OF VERNON AS FOLLOWS: 28 SECTION 1: The City Council of the City of Vernon hereby finds and determines that the recitals contained hereinabove are true and correct. SECTION 2: The City Council of the City of Vernon hereby approves two listing extensions, a copy of which are attached hereto as Exhibit A (3250 E. Washington Boulevard) and Exhibit B (2301 E. Vernon Avenue) and incorporated by reference. SECTION 3: The City Council of the City of Vernon hereby authorizes the Mayor to execute said extensions for, and on behalf of, the City of Vernon and the Acting City Clerk is hereby authorized to attest thereto. SECTION 4: The City Council of the City of Vernon hereby directs the Acting City Clerk, or his designee, to send one fully executed listing extensions for each of the Properties to: Cushman & Wakefield of California, Inc. Attn. John McMillan, Executive Director 601 S. Figueroa St., 47th Floor Los Angeles, CA 90017-5752 SECTION 5: The City Clerk of the City of Vernon shall certify to the passage of this Resolution, and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 22nd day of March, 2006. ATTEST: LE0NIS C. LBUR�,�ayor BRUCE V.`AT KENHORST, JR., Acting City Cler - 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, BRUCE V. MALKENHORST, JR., Acting City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 8992, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Wednesday, March 22, 2006, and thereafter was duly signed by the Mayor of the City of Vernon. L BAUCV V. MALKENHORST, JR. A ng City Clerk (SEAL) - 3 - EXHIBIT VA& The MULTIPLE of the AIR Commercial Real Estate Association 800 West 6th Street, Suite 800 Los Angeles, CA 90017 Phone:213-687-8777 Fax:213-229-8681 To: John McMillan, Jeff Sanita Cushman & Wakefield 601 S Figueroa St, 47th Floor Los Angeles, CA 90017 Date: February 17, 2006 Re: Soon -to -Expire Listing: # 1104336 3250 E WASHINGTON VERNON, CA 90023 Our records show that the aforementioned listing will expire on March 13, 2006 if it is not extended. If it is your intention to extend this listing, please use this form or Modification form (if there are other changes) to notify our office before the expiration date. The listing will automatically expire if this written notification is not received by the MULTIPLE on, or before, the expiration date. A Expiration Date Extended to: -56 131 �ob� 9 Extension of Expired Listing to: (If signed more than 30 days after expiration, this listing must be submitted for publication as a new listing, with a term of at least 90 days.) OWNER'S/(SUB)LESSOR'S AND AGENT'S SIGNATURE REQUIRED Dated: a l X3C * CITY OF VERNON 6V5fj1%AW By: Listing Finn Owner/(Sub)Lessor Leonis C . Malburg, Mayor ATTEST, BY: Agent Owner/(Sub)Lessor Bruce V . Malkenhors t , Jr. Acting City Clerk Thank you for your attention to this matter. APPROVED AS TO FORM: The MULTIPLE Staff. Eric T. Fresch, City Attorney EXHIBIT The MULTIPLE of the AIR Commercial Real Estate Association 800 West 6th Street, Suite 800 Los Angeles, CA 90017 Phone: 213-687-8777 Fax: 213-229-8681 To: John McMillan, Jeff Sanita Cushman & Wakefield 601 S Figueroa St, 47th Floor Los Angeles, CA 90017 Date: February 17, 2006 Re: Soon -to -Expire Listing: # 1104338 2301 E VERNON VERNON, CA 90058 Our records show that the aforementioned listing will expire on March 13, 2006 if it is not extended. If it is your intention to extend this listing, please use this form or Modification form (if there are other changes) to notify our office before the expiration date. The listing will automatically expire if this written notification is not received by the MULTIPLE on, or before, the expiration date. Expiration Date Extended to: ; 0 ❑ Extension of Expired Listing to: (If signed more than 30 days after expiration, this listing must be submitted for publication as a new listing, with a term of at least 90 days.) OWNER'S/(SUB)LESSOR'S AND AGENT'S SIGNATURE REQUIRED Dated: � /-,� l 6., Listing Firm (J Agent CITY OF VERNON By: Owner/(Sub)Lessor Leonis C. Malburg, Mayor ATTEST: By s Owner/(Sub)Lessor Bruce V. Malkenhorst, Jr. Acting City Clerk Thank you for your attention to this matter. APPROVED AS TO FORM: The MULTIPLE Staff. Eric T. Fresch, City Attorney SUPPORTING DOCUMENTS CITY COUNCIL LEONIS C. MALBURG Mayor THOMAS A. YBARRA Mayor Pro-Tem WM. 'BILL" DAVIS Councilman H. "LARRY" GONZALES Councilman W. MICHAEL McCORMICK Councilman April 5, 2006 4305 Santa Fe Avenue, Vernon, California 90058 telephone (323) 583-8811 Cushman & Wakefield of California, Inc. Attn: John McMillan, Executive Director 601 S. Figueroa St., 47th Floor Los Angeles, CA 90017-5752 Re: Extensions to Listing Agreements Dear Mr. McMillan: SOL BENUDIZ Police Chief MARK C. WHITWORTH Acting Fire Chief LEWIS J. POZZEBON Director of Environmental Health S. KEVIN WILSON Director of Community Services SHARON L. DUCKWORTH Acting City Treasurer Transmitted herewith is one fully executed extension to listing agreements as referenced above, approved by City Council on March 22, 2006, through Resolution No. 8992. If you have any questions regarding this matter, please call Mr. Bruce Malkenhorst, Jr., at (323) 583-8811 ext. 225. ry truly yours, 1 e1ly G o Deputy City Clerk NG:dr c: Resolution No. 8992 Agreement File No. 06-027 T'%--dU#iVd0111botdal The MULTIPLE of the AIR Commercial Real Estate Association 800 West 6th Street, Suite 800 Los Angeles, CA 90017 Phone:213-687-8777 Fax: 213-229-8681 To: John McMillan, Jeff Sanita Cushman & Wakefield 601 S Figueroa St, 47th Floor Los Angeles, CA 90017 Date: February 17, 2006 Re: Soon -to -Expire Listing: # 1104336 3250 E WASHINGTON VERNON, CA 90023 Our records show that the aforementioned listing will expire on March 13, 2006 if it is not extended. If it is your intention to extend this listing, please use this form or Modification form (if there are other changes) to notify our office before the expiration date. The listing will automatically expire if this written notification is not received by the MULTIPLE on, or before, the expiration date. Expiration Date Extended to: ❑ Extension of Expired Listing to: (If signed more than 30 days after expiration, this listing most be submitted for publication as a new listing, with a term of at least 90 days.) OWNER'S/(SUB)LESSOR'S AND AGENT'S SIGNATURE REQUIRED Dated: oZ. ` Q� CITY OF VERNON �jdSftMAt.1 V,1��iCR By: CDyy� Listing Firm Owner/(Su Leonis C. Mal rg, Mayor ATTEST: • C/ B Agent Owner/(Sub)4oA' Bruce V. Malkenhorst, Jr. Acting City Clerk Than you for your attention to this matter. APPROVED AS TO FO . The MULTIPLE Staff. Eric T. Fresc , City Xttorney To: The MULTIPLE of the AIR Commercial Real Estate Association 800 West 6th Street, Suite 800 Los Angeles, CA 90017 Phone: 213-687-8777 Fax: 213-229-8681 John McMillan, Jeff Sanita Cushman & Wakefield 601 S Figueroa St, 47th Floor Los Angeles, CA 90017 Date: February 17, 2006 Re: Soon -to -Expire Listing: # 1104338 2301 E VERNON VERNON, CA 90058 Our records show that the aforementioned listing will expire on March 13, 2006 if it is not extended. If it is your intention to extend this listing, please use this form or Modification form (if there are other changes) to notify our office before the expiration date. The listing will automatically expire if this written notification is not received by the MULTIPLE on, or before, the expiration date. 0 Expiration Date Extended to: G'- � 7J 1 7 Extension of Expired Listing to: (If signed more than 30 days after expiration, this listing must be submitted for publication as a new listing, with a term of at least 90 days.) OWNER'S/(SUB)LESSOR'S AND AGENT'S SIGNATURE REQUIRED Dated: 192 ! 01' / * CAs�- w Listing Firm Agent CITY OF VERNON By: 2 Owner/(Sub)Le eonis C. Ma burg, Mayor ATTEST: Owner/(Sub)Les r ruce V. Malkenhorst, Jr. Acting City Clerk Thank you for your attention to this matter. APPROVED AS TO FORM: The MULTIPLE Staff. Eric T. Fresch City orney