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RES-10157 Irrevocable Offer of Dedication Land for Future Steven F. Ambriz Memorial ParkRESOLUTION NO. 10157 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE ACCEPTING AN IRREVOCABLE OFFER OF DEDICATION FROM NORTH ORANGE DEL RIO LAND, LLC, FOR LAND UNDERLYING THE FUTURE STEVEN F. AMBRIZ MEMORIAL PARK AND AUTHORIZING THE CITY CLERK TO RECORD SAME. WHEREAS, the City of Orange (the City) is a municipal corporation which exercises governmental functions and powers and is organized and existing under the laws of the State of California; and WHEREAS, Section 37350 of the Government Code of the State of California authorizes the City to receive, hold, and enjoy real property for any authorized City purpose; and WHEREAS, the City and Del Rio LLC entered into a Development Agreement (DA) that governs the rules, regulations, exactions and other conditions of the "Development", as that term is defined in the DA; and WHEREAS, pursuant to the DA, at appropriate points in the Development Del Rio is required, among other things, to irrevocably offer for dedication the parkland and do so prior to the issuance of any certificates of occupancy for the Development; and WHEREAS, the parkland being offered for dedication will be improved by Del Rio LLC or a successor in interest as the site of the future Steven F. Ambriz Memorial Park, a public park; and WHEREAS, the Development has progressed to a point where residential units are ready to be sold and certificates of occupancy issued; and WHEREAS, based on the above the City Council has determined, in its reasonable discretion, that this is an appropriate time in the Development to accept the irrevocable offer of dedication. NOW, THEREFORE, the City Council of the City of Orange resolves that the irrevocable offer of dedication from North Orange Del Rio Land, LLC, a limited liability company (Exhibit A), is hereby accepted and the City Clerk is authorized to execute the Acknowledgement and Acceptance of City and upon doing so record same with the County of Orange. ADOPTED this 9th day of January, 2007. V' ////O\A.J ATTEST: C'fro I yn L veccr' Mayor, City ange Vi ~ Mary E. MurPh ,'City Clerk, Ci I, MARY E. MURPHY, City Clerk of the City of Orange, California, do hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the 9th day of January, 2007, by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCILMEMBERS: Smith, Murphy, Cavecche, Dumitru COUNCILMEMBERS: None COUNCILMEMBERS: None COUNCILMEMBERS: Bilodeau c_L~-2