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HomeMy WebLinkAbout1986-12-11 - Quitclaim HUNTINGTON BEACH CO ' T7055297. OFCO ORANGE E�COUN Y' CALIFORNIA S ` RECORDING REQUESTED BY:City of Huntington Beach =EXEMPT `2 20 PM JAN 30 '87 WHEN RECORDED MAIL TO: `- ' COUNTY Office of the City Clerk REcoaoEa 2000 "lain Street Tax-Exempt-C-'overnment A er Huntington Beach, CA 92643 City of 1.1(V j� 1 Beach Alfc.o M. .J9n1V�a th City Clark J Deputy- ity Clerk SEND TAX STATEMENTS TO: Documentary Transfer Tax X Computed on full value of property conveyed, or _ Computed on full value less liens and Encumbrances remaining thereon at time of sale AP# Por. 024-150-06 024-281-01 Signature of Declar Por. 024-281-02 Huntington Be mpan 024-281-03 U 024-281-04 By Por. 024-281-12 Por. 024-281-13 CORPORATION QUITC M DEED HUNTINGTON BEACH COMPANY, a corporation organized under the laws of the State of California hereby REMISES, RELEASES, AND QUITCLAIMS to the CITY OF HUNTINGTON BEACH, a California municipal corporation, the following described real property: That portion of Huntington Beach, County of Orange, State of California, as shown on a map recorded in Book 3, Page 36, of Miscellaneous Maps in the office of the County Recorder of said County, described as follows: Beginning at the centerline intersection of Pacific Coast Highway and Lake Street, shown as Ocean Avenue and First Street respectively, on said mentioned map; thence along the centerline of Pacific Coast Highway south 48021142" east 37.50 feet to the intersection with the southwesterly extension of the southeast right-of-way line of Lake Street; thence south 41038118" west 50.00 feet to the true point of beginning; thence north 48021142" west 1,020.00 feet; thence south 41038118" west 450.00 feet; thence south 48021142" east 175.00 feet; thence north 41038118" east 250.00 feet; thence south 48021142" east 845.00 feet; thence north 41038118" east 200.00 feet to the true point of beginning. EXCEPTING AND RESERVING to Huntington Beach Company, its successors and assigns, from that portion (hereinafter called the "sub-500 portion") of said real property lying below a depth of five hundred (500) feet beneath the surface thereof, all oil, gas, asphaltum and other hydrocarbons and all other fissionable materials within or that may be produced or extracted or taken from the sub-500 portion of said real property, which said oil, gas, asphaltum, hydrocarbons and materials shall be hereinafter collectively called the "sub-500 minerals", and FURTHER EXCEPTING AND RESERVING to Huntington Beach Company, its successors and assigns, from the sub-500 portion of said real property the following: A. The sole and exclusive right from time to time to locate and maintain subsurface portions of oil and gas wells in the sub-500 portion of said real property and the right to drill for, produce, extract and take the sub-500 minerals from the sub-500 portion of said real property and the right to exercise all of the rights and privileges necessary for such drilling, producing, extracting and taking; and B. The sole and exclusive right to use the sub-500 portion of said real property to conduct operations from time to time by methods now known or unknown which, in the f • f � .� O-L-05529T opinion of Huntington Beach Company, are reasonably designed to benefit or facilitate the drilling for or production, extraction or taking of the sub-500 minerals from the sub-500 portion of said real property or any minerals from lands other than said real property (hereinafter called the 'other lands"), together with the right to drill a well or wells or use any existing wells in, into or through the sub-500 portion of said real property, for the purpose of injecting into the sub-500 portion of said real property or into other lands, oil, gas, air, water or other liquid or gaseous substances, including the right, from time to time to ignite or otherwise activate any or all of such substances so injected or any or all of the sub-500 minerals within the sub-500 portion of said real property or any minerals from other lands; and C. The sole and exclusive right from time to time to drill into and through the sub-500 portion of said real property from other lands by means of a well or wells drilled from the surface or other lands, together with the sole and exclusive right to repair, redrill, deepen, maintain, rework and operate such wells and produce any minerals from other lands by means of such well, or wells, through the sub-500 portion of said real property; and D. The sole and exclusive right from time to time to locate, operate and maintain subsurface portions of wells in, into or through the sub-500 portion of said real property and the right from time to time, to inject, store, pressurize and remove the sub- 500 minerals or any minerals from other lands for the purpose of storing the same in the sub-500 portion of said real property or in other lands. The above described rights excepted and reserved to Huntington Beach Company, its successors and assigns, shall not be limited to, or by, the first or any subsequent exercise thereof. Nothing hereinabove or hereinafter set forth in this Quitclaim Deed shall be deemed to reserve to Huntington Beach Company, its successors and assigns, any interest in the surface or in any portion of said real property lying within five hundred (500) feet measured vertically downward from the surface of said real property. FURTHER EXCEPTING AND RESERVING all water rights of or related to or appurtenant to said real property including, but not limited to, all right to percolating waters, artesian waters and underground streams, but excluding the right of surface entry. This corporation quitclaim deed shall not affect, and Huntington Beach Company further excepts and reserves, the right to receive any sums, including rental, royalties or other payments, due or to become due under or by virtue of any lease (including without limitation any oil and gas lease) or agreement affecting said real property. This quitclaim deed is made subject to all matters whether of record or not affecting the aforedescribed said land. IN WITNESS WHEREOF, said corporation has caused its corporate name and seal to be affixed hereto and this instrument to be executed by its Vice President and Assistant Secretary thereunto duly authorized. DATED: , 1986. HUNTINGTON BEA MPANY By Vice By Assists t Sec tary l� 8T-05529? i f Huntington, City ton Beach o g i P.O. BOX 190 CALIFORNIA 92648 DEED CERT IFICAT ION This is to certify that the interest in real property conveyed by the deed dated December 11 , 1986 from Huntington Beach Company to the City of Huntington Beach a municipal corporation, is hereby accepted by the undersigned officer or agent on behalf of the City Council of the CITY OF HUNTINGTON BEACH, pursuant to the authority conferred by Resolution No. 3537 of the City Council of the City of Huntington Beach adopted on August 7, 1972, and the grantee consents to the recordation thereof by its duly authorized officer. Dated : January 27, 1987 CITY OF HUNTINGTON BEACH a AUCIA M. WiENTWO,BTh City er B 87--055Z9T STATE OF CALIFORNIA ) ss. COUNTY OF ORANGE ) �r t� On this day of 1Je,Get"�beC , 1986, before me, the undersigned, a Notary Public in and for said State, personally appeared VIA known to me or proved to me on the basis of satisfactoryevidence to be the and Vice � A. 1. Clark known to me or proved to me on the basis of satisfactory evidence to be the A` �='� " ��°�� Tr^iaur+�l►of HUNTINGTON BEACH COMPANY, that executed the within instrument, and personally known to me to be the persons whose names are subscribed to the within instrument on behalf of such corporation, and acknowledged to me that such corporation executed the same pursuant to its by-laws or a resolution of its Board of Directors. WITNESS my hand and official seal. Signature: �A ' OFFICIAL SEAL THERESA KILL.EEN Notary Public-California ORANGE COUNTY Theresa Killeen My Comm. Ev. Jan. 26, 1990 2110 Main St., Huntington Beach, CA 92648 Name (typed or printed) (This area reserved for official seal) My commission expires: 1/26/90 . 4tT-05529T AGREEMENT FOR DEED OF GIFT BETWEEN THE CITY OF HUNTINGTON BEACH AND THE HUNTINGTON BEACH COMPANY CONCERNING MAIN-PIER REDEVELOPMENT This agreement is entered into this 1 day of December, 1986, at Huntington Beach, California, by and between the HUNTINGTON BEACH COMPANY hereinafter called "OWNER", and the CITY OF HUNTINGTON BEACH, a municipal corporation of the State of California, hereinafter called "CITY". WITNESSETH WHEREAS, there is presently pending in the Superior Court, County of Orange, an eminent domain action filed by THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH (AGENCY), seeking to acquire from OWNER certain real property generally located southeast of the Huntington Beach Pier and seaward of the Pacific Coast Highway to be used in connection with redevelopment of the downtown area. Said eminent domain action is filed in the Superior Court, County of Orange, entitled Redevelopment Agency of the City of Huntington Beach vs. Huntington Beach Company, et al., and; WHEREAS, the real property which AGENCY and CITY seek to acquire from OWNER in said eminent domain action is more particularly described in Exhibit "A" attached hereto and made a part hereof, and is sometimes hereafter called the "PROPERTY", and; WHEREAS, the parties desire to resolve disputes as herein provided whereby OWNER will donate and convey such property to CITY, and; WHEREAS, the parties are desirous of terminating the pending action hereinabove mentioned without further litigation, NOW, THEREFORE, the parties hereto agree as follows: 1. General Provisions: 1.1 COVENANTS All parties intend that the provisions of this agreement shall constitute the covenants between them, and the burdens and benefits thereof shall bind and inure to all successors in interest of the parties thereto. 87-05529T 1.2 Authority Each party hereto represents to the other that it has full and complete authority to enter into this agreement, and that each party hereto considers this agreement to be fair, reasonable and advantageous to each, and that the agreement was prompted by the necessities of the litigation, and this agreement shall be binding regardless of the fact that the rights and obligations may be dealt with by successor legislative bodies of CITY and AGENCY. 2. Specific Provisions: 2.1 OWNER will convey to CITY by corporation quitclaim deed, a copy of which is attached as Exhibit B, certain rights, title, and interest in the specific real property embraced within the above-mentioned eminent domain action, said property being described in Exhibit "A". This conveyance will be a donation and transfer to be made without cost to CITY. OWNER values the real property at $3,000,000 and CITY does not contest the valuation of the property. 3. Dismissal: Upon receipt of the coporation quitclaim deed, CITY will cause AGENCY to file an executed dismissal, with prejudice, in the above-mentioned eminent domain action, and each party shall bear its own costs and seek no reimbursement from the other. 4. California Law and Attorneys Fees: This agreement shall be construed in accordance with the laws of the State of California. Should legal action be brought by either party for breach of this agreement, or to enforce any covenants and other provisions herein, the prevailing party of such action shall be entitled to reasonable attorney fees and all costs, including, but not limited to, court costs. 5. Legal Challenge: In the event of any legal action instituted by any third party, or other governmental entity or official, challenging the validity of any of the provisions of this agreement, the parties agree to cooperate in defending said action. 6. Best Interest: CITY has found and determined that execution of this agreement is in the best interest of the public health, safety and general welfare, and the provisions of this �T-055297 agreement are consistent with existing ordinances of the CITY. 7. Notices: All notices required by this agreement shall be in writing and delivered in person or by certified mail, as follows: Notice to CITY shall be addressed as follows: City Administrator City of Huntington Beach 2000 Main Street Huntington Beach, CA 92648 Notice to OWNER shall be addressed as follows: Huntington Beach Company 2110 Main Street Huntington Beach, CA 92648 8. Amendment: This agreement may only be amended by mutual written consent of the parties. 9. Duplication Originals: This agreement is executed in duplicate originals, each of which is deemed to be an original. 10. Title: OWNER shall deliver all its rights, title, and interest in the surface and subsurface to a depth of 500 feet of the property described on Exhibit A. STATE OF CALIFORNIA ) ss: COUNTY OF ORANGE ) 81 `O552Jj . On this /� day of 417a 19? , before me, a Notary Public in and for said Co ty and State, personally appeared Smock //Y known to me to be the Mayor and d I r_[a. �. GUPnitc,fQ , known to me to be the City Clerk of the City of Huntington Beach, the municipal corporation that executed the within instrument, known to me to be the persons who executed the �- within instrument on behalf of said municipal corporation and acknowledged to me that such municipal corporation executed the same. 0 PT.-TAT, SEAL SCAL ft0i� Y t i s C."'FORNIA " :"> T?y COMM eXW es OCT 10, 1989 -955297 IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed by and through their authorized officers at Huntington Beach, California on the day, month, and year first above written. HUNTINGTON COMPANY CITY OF TI GTO BEA r Vice s'id ent ayor Secr ry ATTEST: APPROV AST M: City Clerk City Attorney REVIEWED AND APPROVED: I TIATED AND APPROVED• Ci y Administrator Deputy City Administrator 1p REVIEWED AND APPROVED: Director of Public Works • 87-055297, STATE OF CALIFORNIA ) ss. COUNTY OF ORANGE ) On this 1 - 1� day ofDec_em� er , 1986, before me, the undersigned, a Notary Public in and for said State, personally appeared Ri k worth known to me or proved to me on the basis of satisfactory evidence to be the Vice President , and A. 1. Clark known to me or proved to me on the basis of satisfactory evidence to be the ..-.. t `°j '`''s 5erof HUNTINGTON BEACH COMPANY, that executed the within instrument, and personally known to me to be the persons whose names are subscribed to the within instrument on behalf of such corporation, and acknowledged to me that such corporation executed the same pursuant to its by-laws or a resolution of its Board of Directors. WITNESS my hand and official seal. Signature: Q11� OFFICIAL SEAL r 1F FE5A F'LLEP ' COUNTY Theresa Killeen M� My Comm. Exp. Jan. 26, 1990 2114 Main St., Huntington Beach, CA 5264II Name (typed or printed) (This area reserved for official seal) My commission expires: 1/26/90 Main Pier Redevelopment Project Area Phase I , Pierside Legal Description 'I;lat portion of Huntington Beach, County of Orange, State of California, as shoo:n on a map recorded in Bcok 3, Page 36, of miscellaneous in the office of the County Recorder of said County, described as follows: Beginning at the centerline intersection of Pacific Coast 'iighway and Lace Street, shown as Ocean Avenue and First Street respectively, on said mentioned map; thence along the centerline of Pacific Coast highway south 48021142" east 37.50 feet to the intersection with the southwesterly extension of the southeast right-of-way line of Lake Street; thence south 41038'18" west 50.00 feet to the true point of beginning; thence mrth 4802114211 west 1,020 .00 feet; thence south 41038' 18" west 450.00 feet; thence south 48021'42" east 175.00 feet; thenoe rrnrth 41038'18" east 250 .00 fee e t, thence south 48°21 42 east 845.00 feet; thence north 41038' 181, east 200.00 feet to the true point of beginizimj. 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