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<br />," <br /> <br />RES 0 L UTI 0 N <br /> <br />N O. <br /> <br />8759 <br /> <br />DES:yc:12/10/80 <br />12/15/8"0 <br />ORIGINAL <br /> <br />DEe 1 5 1980 <br /> <br />RESOLUTION CONDITIONALLY CONSENTING TO PROPOSED SALE OF <br />CERTAIN SANITARY SEWERAGE TREATMENT CAPACITY RIGETS <br />(DIAMOND SHAMROCK CORPORATION AGREEMENT) <br /> <br />WHEREAS, the City of Redwood City (the "City") and Diamond <br /> <br />Shamrock Corporation, a Delaware corporation ("Diamond Shamrock"), <br /> <br />entered into an agreement dated December 14, 1978 (the "City/ <br /> <br />Diamond Shamrock Agreement") under which the City sold to Diamond <br /> <br />Shamrock certain non-grant eligible capacity rights therein described <br /> <br />and defined for treatment of sewage emanating from lands or activities <br /> <br />of Diamond Shamrock within the City of Redwood City; and <br /> <br />vvHEREAS, pursuant to paragraph 3(c) of the City/Diamond Shamrock <br /> <br />Agreement, Diamond Shamrock is entitled to sell, assign, lease, <br /> <br />license, or otherwise dispose of its non-grant eligible capacity <br /> <br />rights subject to certain conditions, including the requirement <br /> <br />that written consent thereto of the City first be obtained; and <br /> <br />WHEREAS, Diamond Shamrock proposes to sell a portion of its <br /> <br />non-gran t eligible trea tmen t capaci ty r igh,ts to BAS Homes, Inc., a <br /> <br />California corporation ("BAS"), pursuant to an agreement dated <br /> <br />October 10,1980 (the "Diamond Shamrock/BAS Agreement"); and <br /> <br />WHEREAS, BAS proposes to allocate all of the aforesaid non- <br /> <br />grant eligible capacity represented by the aforesaid capacity rights <br /> <br />to that certain real property (the "Subject Lands") more par-- <br /> <br />ticularly described in "Exhibit A" hereof and shown upon the plat <br /> <br />designated "Exhibit B" hereof, which exhibits are attached hereto <br /> <br />and incorporated herein; and <br /> <br />WHEREAS, BAS further proposes to annex the Subject Property <br /> <br />to the City; and <br /> <br />WHEREAS, pursuant to the provisions of paragraph 3(c) of the <br /> <br />City/Diamond Shamrock Agreement, Diamond Shamrock now seeks consent <br /> <br />of this Council to the conveyance of a portion of its non-grant <br /> <br />eligible treatment capacity rights under the Diamond Shamrock/BAS <br /> <br />Agreement; <br /> <br />8759 <br />