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HomeMy WebLinkAboutOCCIDENTAL LAND, INC - 1974-08-088 tip:. REIMBURSEMENT AGREEMENT THIS AGREEMENT is by and between City of Huntington Beach, a rmunicipal corporation, hereinafter referred to as "CITY", and Occidental Land, Incorporated, formerl;,r Occidental Petroleum =" Land and Development Corporation, hereinafter referred to as "OCCTDENTAL"; WHEREAS, the Marilyn Storm Drain Pump Station was built at the expense of S. V. Hunsaker and Sons, Inc. at a total cost of approximately EIGHTY-NINE THOUSAND ($89,000) DOLLARS, and CITY_ is to reimburse said entity in an amount totaling TWENTY-TWO THOUSAND NINE HUNDRED TWENTY-THREE ($22,923) DOLLARS, and WHEREAS, CITY has agreed to pay FIVE THOUSAND-($5,000) DOLLARS for Tract 4051, Lot 7, Assessorts Parcel on which the Marilyn_ Puma Station is built, and WHEREAS. TWENTY-SEVEN THOUSAND FIVE HUNDRED ($27,500) DOLLARS exists in the drainage district from which the aforesaid payments can be made, and WHEREAS, OCCIDENTAL is willing to receive the sum of TWENTY- SEVEN THOUSAND FIVE HUNDRED ($27,500) DOLLARS for reimbursement and the pump station lot, NOW, THEREFORE, the parties hereto do agree as follows: 1. Upon execution of this document, OCCIDENTAL shall deliver to CITY a CR)rporation Grant Deed to the Marilyn Pump Station. A copy of the Deed to be deliverer. is attached hereto. 2. CITY shall pay OCCIDENTAL the sum of TWENTY-SEVEN E THOUSAND FIVE HUNDRED ($27,500) DOLLARS., MHM:cs 1. Jr i OCCIDENTAL represents that in 1969 S. V. Hunsaker and Sons,, Inc. was the subject of a merger agreement, with -u e name of the surviving corporation changed to "Monarch Investment Company", and that on the 21st day of January, 1970, said Monarch Investment Company was merged into Occidental Petroleum Land and Development Corporation. 4. OCCIDENTAL agrees to protect, defend, indemnify and save harmless CITY against loss, damage or expense by reason of any suits, claims, demands, judgments and causes of action caused by the payment of sums of money hereunder 'to OCCIDENTAL. CITY OV.VUNTINGTON BEAC ITY) ATTEST:` y Mayor - r City Clerk APPROVED AS TO FORM: City Attorne ,*m STATE OF CALIFORNIA, COUNTY' OF ORANGE Gs, ON August 8 19 L4� before me, the undersigned, a Notary Public in and for the said State, personally appeared Mel G . Rose ,known to me to be the Vice president, and Ronald D. Steinl;ach known to me OFFICIAL SEAL to ba theAs.s_t<._,.�Secretary of Occ, s3�al T,and , Inc, NANNY S. NITKIN tfr,e Corporation that executed the within Instrument, known to me to be the pe,sons who • hUAR HADUC . CALIFORNIA t ;ecuted the within Instrument, on behalf of the Corporation herein named, and acknowledged MNMP . ORWE to to me that such Corporation executed the within Instrument pursuant to its bylaws or a ORAWE COWM ton 9zpfraa March 2y 1976 resolution of is board of directors, My Comrrlmt WITNESS my hand and official seal. ij Notary P#M in and for said Zate, ACKNOWLEDGMENT-CoYk--Pree: d see,—wolcotts Form 226—Rev, 3.64' ' AkC6RD1NCa REQUESTED 9Y a EXHIBTT "An AMO Wt/1:M. MICOADCO MAIL TO H.p. City of Huntington Seach sn..l Civic Center City 8 Huntington reach, California SPACE ABOVE THIS UNE FOR RECORDER'S USE; �------ MAit TAX 2TATEMWTS TO. Addrorr Same as above Cry a 11.f. AFFIX 1.114. 1 IN THIS SPACE I Corporation gent Deed 11111_ 104"t-.A(3.1") ­j- ­_rvnlllonCY.. f ,,_e .r'..SM'1',AfYMI:�.-rYw /Truitt) -Low-ANT FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, OCCIDEwNTAL LAND,. INC. formerly Occidental Petroleum Land and Development Corporation, Successor by Merger to S.V. Hunsaker & Sons, Inc. a corporatictrt organized under the laws of the state of California hereby IGRANTS to THE CITY OF HUNTINGTON BEACH, a Municipal Corporation the following described real prop,,;rty in the City of Huntington Beach County of Orange , State of California: Lot 7 of Tract No. 4051 as shown on map recoWcled in Book 151, pages 19 and 20 of Miscellaneous Maps, in the office of the County Recorder of said County. III Witness Witered, said corltoral.ion ha:i caused ita rnr1mrale name and seal to be, affixed hereto and this instru• nietN to be executed by its J'residcrrt antE._ ...�� Secretary thereunto duly authorized. , OF CALWORNtik By'. t:01INTY t3E_. �� w President on ._..... .. _.. ` _� .._..._._w:�... .,. hctote Tite, oe antler iiit;nerl. a Notary Public in and for said State. Itinq tittlly appeared Secretary , -- , , " ,.:.,.: _ — _...,.,.y , _ . ...... hituwti to mt, to Itr ilie ». _u .. 1'rc.;lQa nt, nnll _ .. ... known :tit Tnl to he Secretary of the Colltoratiotl ibur vv0 Wed the uilbhi to>truuteni. knnwit to rite to be lbe per.uli„ sibtt hv'ri,tol the ithiu Iti.truuu�nt I'll hritalf Id tine t.i,i'lkirdtiou 111prein uutned, anti riI e„sTlrifir�ei !o Inelliat .1101 C.orporau<ot Txrrubd tbi wilbio lei-rtm tut tit pat�irvut to it'i liydnw* III leoloti,in of it, hn.nd Id dirvelors• >t i 1 4-i tar Band anti ON iai oral, 'tiatin' t'I�}tut ��� t`tUtir�rii .rGr, rt�,,r t�., R�MG,.,� ,prtattMr �,rg, l t irtlr fI�: ...+��. J`.rt't'rktw cst l.Ui!n No. MAIL. TAX wq-AJEMCN6 A$ DIRECTED ABOVE a Alk /® City of Huntington Beach o P.O. BOX ISO CALIFORNIA 92648 ENGINEERING DEPARTMENT 1` August 12, 1974 Honorable Mayor and City Coun�-iL City of Huntington Beach Attention:David D. Rowlands City Administrator Subject: Marilyn Pump Station Agr(7�emant Gentlemen; Transmitted herewith is an agreement between the City and Occidental Land Company which calls for the City to reimburse Occidental $27,500 for building the Marilyn Pump Station and for the lot on which the facility was built. Although no formal reimbursement agreement was entered Into, the City did agree in 1962 to pay S. V. HQnsaker and Sons $89,000 for building the facility and $5,000 for the lot. Partial payment was made to Hunsaker for the pump station before that company was acquired by Occidental. The unpaid balance. for the pump station and the $5000 for the lot total $27,923; however, only $27,500 remains in Drainage District'5B, and Occidental agrees to accept that amount a . payment in full Occidental also agrees to deed the lot on which the station was built to the City. I recommend that your Honorable Body execute the agreement. Very truly yours, /H. E. Harttye Director of Public Works HEHDLC:ei �t