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HomeMy WebLinkAboutRELIANCE SURETY CO. - 1994-10-17 'FY COUNCIUREDEVELOPMENT AGENCY '� ACTION 19 9 ED-94-47 Crty c x Date October 17, 1994 Submitted to Honorable Mayor/Chairman and City Council/Agency Members Submitted by Michael T Uberuaga, City Administrator/Executive Director Prepared by Barbara A Kaiser Director of Economic Development� —a Redevelopment Director Gail Hutton City Attorney Subject APPROVAL OF THE CONTINUING AGREEMENT OF INDEMNITY MISCELLANEOUS SURETY BONDS BETWEEN THE CITY OF HUNTINGTON BEACH/REDEVELOPMENT AGENCY AND RELIANCE SURETY COMPANY, AND AUTHORITY TO SIGN ESCROW INSTRUCTIONS AND RELATED DOCUMENTS Consistent with Council/Agency policy? [ 1 Yes [ 1 New Policy or Exception Statement of Issue Recommended Agency Action Analysis Funding Source Alternative Actions Attachments Statement of Issue Ownership of the Ocean View Estates mobile homes must be transferred to the current tenants according to the Driftwood Acquisition and Relocation Agreement previously authorized by the City Council/Agency In order to complete this transfer, the Continuing Agreement of Indemnity Miscellaneous Surety Bonds between the City of Huntington Beach/Redevelopment Agency and Reliance Surety Company must be approved In addition the escrow instructions and other escrow documents must be authorized for signature by the City Administrator/Executive Director or the Director of Economic Development/Redevelopment Agency Director, upon the review and approval by the City Attorney Recommended City/Agency Action 1 Approve and authorize the execution of the Continuing Agreement of Indemnity Miscellaneous Surety Bonds between the City of Huntington Beach/Redevelopment Agency and Reliance Surety Company(Attachment 3) by the designated officers 2 Approve and authorize the City Administrator/Executive Director or the Director of Economic Development/Redevelopment Director to sign the following documents for those mobile homes listed in Attachment 2 Escrow instructions as approved by the City Attorney and documents referred to in the escrow instructions, so long as consistent with the applicable settlement and other agreements on file in the City Clerk's office as 1) Julie Ford Settlement Agreement approved June 6, 1994 2) Jones vs Redevelopment Agency O C S C Case No 62 30 62 Court Supervised Debits & Credits Settlement Agreement with OVE I Mobile Home Tenants approved August 1, 1994, and 3) Driftwood Relocation and Acquisition Agreement dated September 26, 1988 RCACR2 DOC Page 1 Analysis: Twenty-five mobile homes located at Ocean View Estates are not titled with the State Department of Housing and Community Development(HCD). Escrows remained opened during the lengthy litigation between the residents, Performance Mobile Homes, and the city. Performance Mobile Homes did not provide a sales agreement nor complete its Dealer's Report of Sale. Therefore, HCD requires that a bond (Attachment 1)be posted for each mobile home to be titled. A list of the mobile homes needing the bonds is provided as Attachment 2. The Purchasing Division selected Pacific Coast Surety as the most cost effective company to provide the bonds. Pacific Coast Surety is a broker for Reliance Surety Company, from whom the bonds cannot be purchased from directly. Reliance Surety Company requires that the city indemnify the company from any liability in its provision of the mobile home bonds. The bonds will be purchased by the Redevelopment Agency at a cost of 1% of the mobile home purchase price, totaling $6,500 for the 25 mobile homes. Sufficient funds remain in an Agency escrow account (22856-E)to provide for the cost of the bonds and no additional funds are required. The Continuing Agreement of Indemnity Miscellaneous Surety Bonds between the City of Huntington Beach/Redevelopment Agency and Reliance Surety Company has been approved by the City Attorney(Attachment 3). Escrow documents for the twenty-five mobile homes will differ according to the various groupings to be considered: two are Agency owned, eighteen are owned by tenants represented by attorneys, and five mobile homes are owned by tenants not represented (three of whom are from Pacific Trailer Park). The escrows will reflect the Settlement Agreements as approved by City Council (City Council Actions Julie Ford Settlement Agreement, June 6, 1994 and Jones vs. Redevelopment Agency O.C.S C. Case No 62 30 62 Court Supervised Debits& Credits Settlement Agreement with OVE I Mobile Home Tenants, August 1, 1994), the provisions of the Driftwood Relocation and Acquisition Agreement dated September 26, 1988, and the City Council action taken March 20, 1989, approving the extension of the relocation benefits of the Driftwood Agreement to the Pacific Trailer Park residents. All escrow instructions and documents will be individually reviewed and approved by the City Attorney before execution by the duly delegated officers as approved by this action. As twenty-five mobile homes are involved, in the interest of efficiency, staff requests that City Council delegate the authority to sign the mobile home bonds, escrow instructions, and titling documents to the City Administrator/Executive Director or to the Director of Economic Development/Redevelopment Director. Funding Source: Escrow Account, 22856-E Alternative AGJiQns: 1. None- Governed by Settlement Agreements and the Driftwood Acquisition and Relocation Agreement Attachments: 1. Sample Mobile Home Bond (HCD form 480.OA) 2. List of Ocean View Mobile Homes 3. Continuing Agreement of Indemnity Miscellaneous Surety Bonds between the City of Huntington Beach/Redevelopment Agency and Reliance Surety Company RCACMDOC paps 2 RELIANCE SURETY COMPANY UNITED PACIFIC INSURANCE COMPANY Reliance Philadelphia.Pennsylvania Philadelphia,Pennsylvania RELIANCE INSURANCE COMPANY RELIANCE NATIONAL INDEMNITY COMPANY Philadelphia,Pennsylvania Philadelphia_Pennsylvania CONTINUING AGREEMENT OF INDEMNITY MISCELLANEOUS SURETY BONDS THIS AGREEMENT is made by the undersigned for the continuing benefit of RELIANCE INSURANCE COMPANY,UNITED PACIFIC INSURANCE COMPANY, RELIANCE NATIONAL INDEMNITY COMPANY and/or RELIANCE SURETY COMPANY(thereinafter referred to collectively as the-SURETY")for the purpose of saving each and all of them harmless and rrhderrirhifyvig each and al of them from all loss and expense in connecricia with any Bonds executed on behalf of any One or more of the following persons,firms or corporations: CITY OF HUNTINGTON BEACH REDEVELOPMENT AGENCY (hereinafter referred to as Applicant) Y+9TNESSETH, WHEREAS,the Applicant,individually,jointly with others or on behalf of any of its subsidiaries,affiliates or divisions or their subsidiaries.affiliates or divisions now in existence a hereafter formed or acquired,or on behalf of individuals,partnershipsor corporations,may desire or be required from time to time togive cerlain bonds,undertakings.or instrumentsof guarantee(all of which will hereinafter be included within the term-BOND"or-BONDSJ.and WHEREAS,upon the express condition that this instrument be executed,the Surety has executed or procured the execulion,of or may from time to time hereafter execute or procure the execution of such Bonds,and the Surely may continue the Bond or Bonds heretofore executed and may forebear Cancellation of such Bonds, NOW,THEREFORE,in consideration of the execution of any such SW or Bonds or the forbearance of cancellation of existing Bonds and as an inducement to such execution or forbearance,we,the Undersigned,agree and bind ourselves,our heirs,executors,administrators.successors and assigns,jointly and severally,as follows: FIRST To pay to the Surety in advance upon the execution of each Bond the initial premium computed in accordance with the rates currently charged by the Surely at the lime such Bond is executed and the Undersigned will also pay all renewal or additional premiums computed at such rates until proof is furnished satisfactory to the Surety of its discharge from all liability under such Bond SECOND To indemnify,and keep indemnified,and hold and save harmless the Surely against all demands,claims,loss,costs,damages,expenses and attorneys'lees whatever,and any and all Iiabilitytherefoi sustained or incurred by the Surely by reason ofexecutingorprocuringtheexecutionofanysaidBoredorBonds,oranyotherBonds,whichmaybealreadyor hereafter executed for or at the request of the Undersigned,or renewal or continuation thereof.or sustained or incurred by reason of making any investigation on account thereof, prosecuting or defending any action brought in connection therewith,obtaining a release therefrom,recovering or attempting to recover any salvage in connection therewith or enforcing by litigal*n or olherwise any of the agreements herein Contained.Payment of amounts due Surety hereunder together with legal interest shall be payable upon demand. THIRD That if Surely shall be required or shall deem it necessary to set up a reserve in any amount to cover any claim,demand,liability,expense,suit,order,judgment or adjudication under or on any Bond or Bonds or for any other reason whatsoever,to immediately upon demand deposit with Surety an amount of money sufficient to cover such reserve and any increase thereof,at anytime,in payment or compromise of any liabklily,claims,demands,judgment,damages,fees and disbursements or other expenses.and the Undersigned,in the event of lheir failure to comply with such demand,hereby authorize and empower any attorney of any court of record of the United States or any of its temtones or DOsmssions.to appear for them or any of them in any suit by Surely and to confess judgment against item or any of them for any sum or sums Of money up to the amount of any or all Bond or Bonds, with costs,interest and reasonably altorneys'fees,such judgment,however,to be satisfied upon the payment of any and all such sums as may be found due by the Undersigned to Surety under the terms of this agreement The auihonty to confess judgment as set 1011h herein shall not be exhausted by any one exercise thereof,but may be exercised from time to time and more than onetime until all Iiabilityof the Undersigned to Surety shall have been paid in full_Demand shall be sufficienl if sent by registered or certified mail toIheUndersigned at the address or addresses given herein or Iasi known 10 Surety,whether or not actually received. FOURTH-All collateral sKurily held by Or assigned to the Surely may be used by the Se rely at any lime in payment of any claim,loss or expense which the Undersigned have agreed to pay hereby,whether or not such Claim,loss Or expense arises out of or in connection with such Bond under which such collateral is held-The Surety may sell or realize upon any Of all such collateral security,at public or private sale,with or without notice to the Undersigned or any of them,and with the right to be purchaser itself at any public sale,and shall be accountable to the Undersigned only for such surplus or remainder of such collateral secunly or the proceeds thereof as may be in the Surety s possession after it has been fully indemnified as in this agreement provided.The Surety shall not be liable for decrease in value or loss or destruction of or damage to such secunly,however caused. FIFTH_The Surety shall have the fight,at its option and in its sole discretion'. (a) To deem this Agreement breached should the Applicant become involved in any agreement or proceeding of liquidation,receivership,or bankruptcy,voluntarily or involuntanly,or should the Applicant,if an individual,die,be convicted of a felony become a fugitive from justice,or for any reason disappear and cannot immediately be found by the Surely by use of usual methods (b) To adjust,settle or compromise any claim.demand,suit or judgment upon said Bond or Bonds,or any of them,unless the Undersigned shall request in writing the Surely to litigate such claim or demand,Or delend such Suit.or appeal from such judgment,and shall deposit with the Surety.at the lime of such request,cash or collateral satisfactory to the Surety in kind and amount to be used in paying anyjudgment or judgments rendered with interest,costs and allomeys'lees- A1l damage,loss or expense of any nature which the Surety may incur under Section FIFTH shall be bome by the Undersigned- SO.144 419t SIXTH-Each of the Undersigned expressly consent that in the event of any action against the Surety ansing out of its execution of such Bond or Bonds which is not handled pursuant to the provisions of Section FIFTH subparagraph(b),the Surety shall have the right to apply to the Court in which such action is brought for an order making them or anyone or more of them defendants and hereby further conSenl to the granting of such appficalmon for making such order and agree to become Dailies defendent. SEVENTH-The Surely shall have the exclusive right for itself and for the Undersigned to decide and determine whether any Claim,demand,suit or judgment upon said Bond or Bonds shall,on the basis or ltabililyexpediencyorotherwise,be paid.set tied.defended orappea!ed,and its determinal ion shall be hnal.conclusive and binding upon the Undersigned(except as provided in Seclion FIFTH(b)hereof);and any loss.cVS,charges,expense or liability thereby sustained or incurred,as well as any and all disbursements on account of costs, expenses,and attorneys'fees,deemed necessary or adviSSNe by-the Surety,shall be borne and paid immediately by the Undersigned,together with legal interest to the evenl of any paymeni,Selflement,compromiseor investigation,an itemized statement of the paymenlJoSS,costs,damages,expenses orattorneys'fees.Sworn t0 by anyofficeroi the Suretya the voucher or vouchers or other evidence of Such payment,settlement or comprorniSeshall be prima facie evidence of the fact and extent of the iiabilify of the Undersigned lathe Surely in any claim or suit thereunder and in any and all matters arising between the Undersigned and the Surely EIGHTH Until the Surety shall have been furnished with competent legal evidence of its discharge wilhoul loss from any and all Bonds,the Surety shall have the right at all limes to free access to the books,records and accounts of each of the Undersigned for the purpose of examining the same Each of the Undersigned hereby authorizes and requests any and all depositories in which funds of any of the Undersigned may be tlepos+ted to furnish to the Surely the amount of such deposits as of any dale requested and any person.lien or corporation doing businesswiththeUndersignedisherebyaulhorizedlofurnishanyintormalronrequestedbytheSurelyconcerninganylransaclion The Surely may furnishcophespt any and all statements,agreements and financial statemenls and any information which is now has or may hereafter obtain concerning each of the Undersigned.10 other persons or companies lor the purpose of procuring caSurelyship or reinsurance or of advising interested persons or companies NINTH Each of the Undersigned does hereby waive all right to claim any properly.including homestead as exempt from levy.execution,sale or of her legal process under the law of aly state,province or other government as against the rights of the Surely 10 proceed agains:the same for indemnity hereundet The Undersigned hereby waive all notice of any delaull or any other actor acts giving rise to any claim under any said Bond or Bonds,and waive notice of any asd all liabmhtyof the Surely under any said Bond or Bonds or any and all laitxlityon the pan of the Undersigned to the effect and end that each of the Undersigned Shall be and continue liable 10 the Surety hereunder nofwilhslandrng any notice of any kind to which the Undersigned might have been or be entitled and notwithstanding any delerises which the Undersigned might have been or be entitled to make TENTH:The Surety shall have every right and remedy which a personal surely without compensation would have,including the right to secure its discharge from the suretyship,and nothing herein contained shall be Considered or Conslrued to waive.abridge or diminish any right or remedy which the Surety might have it this instrument were not executed The Undersigned will,on request of the Surety procure the discharge of the Surely from any Bonds,and a;l liability by reason thereof Separate suds maybe brought hereunder as causes of action may accrue.and the pendency or lermination of any such suit shall not bar any subsequent action The Surely Shall be notified immediately by the Undersigned of any claim or action which may result in actaim against the Surely_Such notice to be given by registered mad to the Surely at its Home Of lice-In the event of legal proceedings against the Surety,upon or on account of any said Bond or Bonds,the Surety may apply for a court order making any or all of the Undersigned panies defendants.and such Undersigned hereby consents to the granting of such application and agrees to become such a party defendant and to allcw judgment,in the event of judgment against the Surely,to be rendered also against such Undersigned in like amount and in favor of the Surety,it the Surety so desires. ELEVENTH The Surety may decline to execute any Bond herein applied for and it shall not be liable to the Undersigned and the Undersigned shalt make no claim for any damages alleged to arise from such declination nor shall it be liable to the Undersigned Should its Bond or Bonds be not accepted-Furthermore.the Surely shall have the absolute right to cancel any Bond in accord with any cancellation provision contained therein.to procure its release from any Bond under any law to(the release of sureties.and the Surely is hereby released from any liability for expense,cost of damage alleged to be sustained by the Undersigned by reason of such cancellation or release of bond obligation TWELFTH This Agreement shall,in all its terms and agreements,be for the benefit of and protect any person or company joining with the Surety in executing said Bond or Bonds,orany of them,or executing at the request of the Surety said Bond or Bonds,or any of them as well as any company or companies assuming co-suretyship or reinsurance thereon- THIRTEENTH-The Undersigned warrant that each of them is specifically and beneficially interested in the obtaining of each Bond-Failure to execute,or defective execution,by any party,shall not affect the validity of this obligation as to any of her party executing the same and each such other party shall remain fully bound and liable hereunder Invalidity of any ponlon or provision of this Agreement by reason of the laws of any state or for any other reason shall not render the other provisions or portion hereof invalid_Execution of any application for any Bond by the Applicant,or of any other indemnity agreement 4 any Undersigned for the Applicant shall in no way abrogate•waive or diminish any rights of Surely under this Agreement_The undersgined acknowledge that the execution of this Agreement and the undertaking of indemnity was not made in reliance upon any representation concerning the financial responsibility of any Undersigned,or concerning the compelence of the Applicant to perform. FOURTEENTH:Each of the Undersigned expessly recognizes and covenants that this Agreement is a continuing obligation applying 10 and indemnifying the Surety as to any and all Bonds{whether or not covered by any application signed by Applicanl—such application to be considered between the parties•herelo as merely supplemental to this continuing Agreement of Uldemnity)herelofore or hereafter executed by Surety on behalf of Applicant(whether acting alone or as a Co•advenlurer)until this Agreement shall be canceled in the manner hereinafter provided-Any of the Undersigned may notify the Surety at its Home Office,of such Undersigned's withdrawal from this Agreement;such notice shall be sent by certified or registered mail and shall stale when,not less than thirty days after receipt of such notice by the Surety such withdrawal shall be effective Such Undersigned will not be liable under this Agreement as to any Bonds executed by the Surety after the effective date of such notice.provided,that as to any and ail such Bonds executed or authorized by the Surety prior to effective date of such notice and as to all and all renewals,continuations and extensions thereof or substitutions therefor regardless of when the same are executed,such Undersigned stall be and remain fully liable hereunder,as if said notice had not been served Such withdrawal by any Undersigned shall in no way affect the obligation of any other Undersigned who has given no such notice of lerminatlon. FIFTEENTH-The Surely shall have the right,and is hereby authorized and empowered but not required-(a)To increase or decrease the penally or penalties of any such Bond or Bonds•to change the obligee or obligees therein,to execute any continuations,enlargements,modifications and renewals thereof or substitute therefore with the same or different conditions, provisions and obligees,and with the sank'or larger or smaller penalties,it being agreed that this instrument shall appty to and cover such new or changed bonds or renewals even though the consent of the Surety may or does substantially increase the liability of the Applicant and the Undersigned-.(b)10 lake such steps as it may deem necessary or proper to obtain release from liability under any such Bond or Bonds SIXTEENTH:The foregoing indemnity Shall apply as to all Bonds as aforesaid unless the Undersigned herein shall specifically designate in this paragraph the Bond to which his indemnity shall be limited and affix his signature louowing that designation BOND DESCRIPTION: SIGNATURE-. SEVENTEENTH-The Surely shall be entitled to enforce the obligations hereof directly against any and all Undersigned without the necessity of first proceeding against The Applicant. EIGHTEENTH-This Agreement or a carbon photographic,xerographic or other reproduction or copy of tors Agreement shall constitute a Security Agreement to Surety and also a Financing Statement both in accordance with the provisions of the Uniform Commercial Code of every jurisdiction wherein such Code is in effect but the filing or recording of this Agreement shall be solely 61 the option of Surety and the failure to do so shall not release or impair any of the obligations of the Applicant or the Undersigned under this Agreement or otherwise arising•nor shall Such failure be in any manner in derogation of the rights of Surely under this Agreement or otherwise_ 4 NlNtEENTH The rights of indemniircatIon of each Surety signatory to this Agreement shalt be indWiduar and not Point with At the other signatory Sureties as respects any Bond issued by it to any Applicant and shall be enforceable against the Undersigned as to any and all bonds issued to any Apoticant hereunder Signed.seated.and dated this / day of J( � JLJ t9 '' ma]) CITY OF HUNTINGTON BEACH (Seal) REDEVELOPMENT AGENCY Attest Witness:✓ (Seal) B/ ) Michael Tiberuaga.1 City Administ or/ Executive Director (Seat) (Seat) Attest/Witness: T ) aJ nda Moulton—Patterson, Mayor/Chairperson (Sea►) 6eA AttestMitness; (Seaq By a Zvf�- � (;;?djOC . jA �eA.0-1 Connie Brockway, City/Agency 041erk l�l I�1 (SeA IS�A i.S TO FIORIf:(� GDVTL,-ram Name ofSuret)fies) t:i ';-� Attorney y4_ By- tAIPORTANT:Print or"the now and address of each signatory to this agreement Each signature must be actrwwiedged—See REVERSE H EREOE a CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT ti State of CALIFORNIA County of Ono( �0 Jr• 91� before me, ✓ , DATE ,TITLE OF OFFICER eG..'JANE E,NOTARY PUBLIC personally appeared Michael Uberuaga NAmE(S)OF SIGNER(S) personally known proved to me.on the basi of satisfactory evidence °y�`L SEAL to be the person whose name ,r ll UNDA SUE SURACI P c � `- Notary PWl1C-00Ilf0rN0 subscribed to the within instrument and ac- »m ORANGE COUNTY my commidon Expuc:. ' knowledged to me that(Epspe>i[ihe executed _ Aupug 21• 1995 the same in hi h-W#e+r: authorized capacity, and that by is Ne A4e4 S"Gy signatureWon the instrument the personK, E C�foomla or the entity upon behalf of which the TY Ib�y FxprA. person Kacted, executed the instrument. 21, 1995 CIAL SEA L WITNESS my hand and official seal.seal.LINODA UE SURACI Not Pu Ic-contorNo ORANG COUNTY my corn E1prres August 2 1995 SIGNATURE OF NOTAAY OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL Agreement of Indemnity BD-1446 4/94 ❑ CORPORATE OFFICER City of Huntington Beach Redevelopment Agency, Applicant TITLE OR TYPE OF DOCUMENT nTLE(Sj ❑ PARTNER(S) ❑ LIMITED ❑ GENERAL ❑ ATTORNEY-IN-FACT NUMBER OF PAGES ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR ® OTHER: City Adminisjrator DATE OF DOCUMENT SKINER tS REPRESENTING: NAME OF FERSGN(S1 OR ENTTTY(IES1 CITY OF HUNTINGTON BEACH SIGNER(S)OTHER THAN NAMED ABOVE REDEVELOPMENT AGENCY BD-1133 3,94 Of 993 NATIONAL NOTARY ASSOCIATION•82W Remmof Ave.,P-O.Box 7184•Cerlops Perk,CA 91309.7184 CALIFORNIA ALL-PURPOSE 11KNOWLEDGMENT • Na_SW7 State of County of On 4. u1 R, 199y before me, DATe NAME.THE FILER-E G..KW DOE.NOTAR 1C- personally appeared - , NAMES)OF S*NER(S) a personally known to me - to be the person(s) whose name(s149�are subscribed to the within instrument and ac- knowledged to me that +,�l hey executed M01310ML,1OHNION the same in #4FI4eNtheir authorized Nalopy°0 t#°41°M If capacity ies , and that by 44d4e+4their ORANN"CIXNN W Comm r 0 --MAY 11.MR signature(s,) on the instrument the person(, or the entity upon behalf of which the persons acted, executed the instrument. WITNESS my hand and official seal. OF NOTARY OPTIONAL Though the data below is not required by law,it may prove valuable to persons retying on the document and could prevent traudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDMDUAL ❑ CORPORATE OFFICER Tmatsl TITL R PE OF DOCU ❑ PARTNER(S) ❑ LIMrrED ❑ GENERAL ❑ ATTORNEY-IN-FACT NUMBER OF PAGES ❑ TRUSTEE(S) ❑ GUARDIANIC'ONSERV 7 R DATE OF DOCUMENT SOONER OS REPRESEN>M: NAME OF vets"S)OR OES) SIGNER )OTHER THAN NAMED ABOVE VIM NATIONAL NOTARY ASSOCIATION-SM Remmet Ara-,P_o.Box 7184-Canope Pane.CA 91309-7184 Attachment 1 r 1 MOBILEHOME, COMMERCIAL COACH, TRUCK CAMPER OR FLOATING HOME BOND !KNOW ALL MEN BY THESE PRESENTS: Thai We, as Principal, and _ corporation organized under the laws of the State of a , and authorized to transact a general surety business in the State of Caldomia, as Surety, are held and firmly bound unto the State of California, bepartment of Housing and Community Development thereof, its officers and employees, for the use and benefit thereof and of any Irnarested person as here[nafter specified in the penal sum of Dollars (S ) lawful money of the United States of America, for the payment whereof well and truly to be made, we hereby bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and Severally, firmly by these presents_ THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH THAT- WHEREAS, the above bounden Principal has made application to the Department of Housing and Community Development of the State of California for the registration of and the Issuance of a California Certificate of Title for the following described Mobilehome, Commercial Coach, Truck Camper or.Floating }come to wit: 1WHERE4S, The said Principal has not presented to the said Department of Housing and Community Development the regularly required supporting evidence of ownership of the said Mobilehome, Commercial Coach. Truck Camper or Floating Home, and: WHEREAS, The said Department has required said Principal to deposit with It a bond In accordance herewith as a condition to the Issuance of a California Certificate of Title for the said Mobilehome. Commercial Coach, Truck Camper or Floating Home. NOW THEREFORE, if said obligors shall fully protect, Indemnify and save harmless the Department of Housing and Community Development of the State of Callfomla, and arty and all officers and employees thereof and any and all subsequent purchasers of said Mobilehome, Commercial Coach, Truck Camper or Floating Home and any and all persons acquiring any lien or encumbrance thereon and the successors in the interest of any and all of said persons, against any and all claims, sults, actions, Ions and damage on account of any defect In or undisclosed claim, lien, or encumbrance of whatever nature upon sa;d Mobilehome,Commercial Coach,Truck Camper,a Floating Home or the dght., title and Interest of said Principal in or to said Mobilehome, Commercial Coach, Truck Camper or gloating Home, then this obligation shall be null and void, otherwise to remain In full force and effect. THIS BOND 1S SUBJECT TO THE FOLLOWING PROVISIONS: 1. Thai arty Interested person may, in addition to any other remedy he may have, bring an action in his own name to recover hereon arty damages sustained by him by reason of any breach of the condnfons for which this bond Is deposited and in such shall have and recover costs and reasonable attomey's tee. 2. Thai the aggregate liabithy of the Surety above named on this obligation to all such interested persons shall In no event exceed the penal sum of this bond. (continued to page 2) 11CU 480.0 (REV. 3M) Attachment 1 3. Upon written request from the applicant, this bond may be returned and surrendered 8t the end or three yawls from the date hereof of prtar thereto In the event the said Mobilehome, Commercial Coach. Truck Camper of FIoating Home Is no longer registered In the State of Callforrtla and the curre" vaQd Certificate of Title Is surrendered to the Departmertt of H&Jsing and Community Development. Provided. that such return or surrender of this bond shall M affect any Lability ftretolore incurrod or acxrued. Signed and sealed this day of is !tJONCIPAL SvREiY (AlUcS Noury Public's ADDRESS OF SURETY C4ni scale Of Admowledtemcnl of Principal&M Sumry) TFJLE OF OFFICER Page 2 Attachment 2 Ocean View Estates - Mobile Homes - 7051 Ellis Avenue Purchase Space Price of Tenant Number Serial Number Insignia Number Mobile Home Phil Carlin 3 4572-0420-Y A&B CAL 360039-40 23,963 Stan & Helen Parker 7 2073-0217-Y A&B CAL 360153-54 38,000 Jack & Mary Armstrong 11 2073-0215-Y A&B CAL 36014849 38,265 Rose Perez 12 0672-0421-Y A&B CAL 360033-34 17.565 Redevelopment Agency 15 4572-0372-Y A&B CAL 359421-22 21.538 Becky Bolton, heir of Mary Marinovich deceased 18 4572-0454-Y A&B CAL 360089-90 25,595 Redevelopment Agency 20 2372-0451-Y A&B CAL 360069-70 26,462 Ted, Betty, & Teri Hendrix 22 4572-0440-Y A&B CAL 360067-68 24,750 Eugene Collins 24 4572-0447-Y A&B CAL 360073-74 17,045 Barbara Dittrick& Don Kolishnick 26 4572-0449-Y A&B CAL 360087-88 26,400 Marge Stipe 28 0671-0617-Y A&B CAL 360221-22 19.555 Pat Hodge & Ma Sheldon 29 4572-0441-Y A&B CAL 360065-66 22,065 Ingrid Gaddis 30 2372-0450-Y A&B CAL 360083-84 28.194 Catherine Ford/Ken Maloney* 31 2372-0476-Y A&B CAL 360686-87 31,050 Bill Franke 33 2372-0445-Y A&B CAL 360071-72 22.840 Grace Brooks 34 4572-0448-Y A&B CAL 360085-86 25,715 Carol & Bob Deilsite 35 2372-0444-Y A&B CAL 360075-76 31,986 Evelyn Claude 36 4572-0423-Y A&B CAL 360079-80 22,325 Patricia Simon 38 0671-0619-Y A&B CAL 360223-24 17,525 Dan Brennan 39 0671-0618-Y A&B CAL 360228-29 18,435 Pat Falkenstein 40 2372-0446-Y A&B CAL 360081-82 30.231 Mazie Kroesch 41 2372-0455-Y A&B CAL 360095-96 27.467 Harry & Betty Stone 42 4572-0419-Y A&B CAL 360035-36 19.846 Geo e & Sally Fader 43 2073-0220-Y A&B CAL 360158-59 38,215 Harold & Nan Jones 44 2372-0443-Y A&B CAL 360077-78 30,386 Total 645,418 OVENUMB-XL5 916+94 EXHIB11 A r x W A L AFQ WDME ACQUISITION AND REL' YCATION AGRFEMF.NT QDILEHOME ACQUISITION Arp RELOCATI N ACRFEMENT ( "Agreemen��' � -�� entered into this Play of 1988 by and �nong the REDEV£Lf}PME a T7 AGENCY OF HE CITY OF HUNTINGT;ON BEACH ( "Agency" ) , RLM PROPERTIES , t,TD . , a California Limited Partnership ( " RLM" ) , DRIFTWOOD BEACH C11US MOBILE HomEOWNERS ASSOCIATION , INC . , a California Non- Profit Corporation ( "Association " ) and the INDIVIDUAL TENANTS of the Driftwood Beach Club . Mobile Home Park , who have executed this Agreement ( individually "Tenant " and collectively "Tenants " ) . RECITALS A . The City of Huntington Beach ( "City" ) is the owner of that certain real property comprised of approximately 44 acres , shown on the Site Map attached hereto as Exhibit A ano incorporated herein by reference ( "Site " ) . B . In 196:1 the City entered into a lease ("Master [,ease " ) with the original Master Tenant , of -wh ) ch RLM is a successor in interest , for the development and use of the Site as a Mobi ) ehome Park , go] f course , clubhouse , pool , hotel , restaurant and gas station . Under the provisions of this Master Lease the term expires in the 'year 2013 . C . RLM ccntends that the Hobilehome Park , clubhouse cr.d pool are separ�r - from the other operations described above . 1".e Association cont.Ends that the golf course and clubhouse are part- ' of the Mobi lehomo� Park . D . For purposes of reference within this Igreement , the Mobilehome Park , golf course , clubhouse and pool will he referred to as the "Park . " F,-_ In , 1978 RLM became the Master Lessee and presently i operates the Site in substantial compliance with the original [ author i-zed use . F . In 198 2 f the City and RLM modified the Master Lease to provide - that RLP, as Tenant , was authorized to develop and maintain- the Site in accordance with its highest and hest lawful use . G. RLM subleases spaces ( "Space Leases " ) within the Park to the Tenants on which spaces Tenants have locatmed individually -)wned mobi lehomes ( "Mob.i lehomes" ) . A list of the Tenants , their membersbip in the Association , and the location of each within the park is set forth in Exhibit 8 ' attached hereto and incorporated • • P I N A L herein by reference . H . The Association is authorized , by its members , to negotiate a resolution of their disputes regarding the use of the Site ; however , each individual Tenant has retained the right to execute this Agreement and must agree to be bound by its provisions in order to qualify for the 'benefits bestowed upon the Tenants as here inaf ter provided . I . The City and the Agency would like the Site redeveloped as part of an overall redevelopment plan for the downtown area of the City of Huntington Beach . As part of this plan , the City intends to transfer a portion or all of its ownership interest in the Site to the 1,.gency . J . RLM has proposed to the Agency a renegotiation of the Master Lease and a redevelopment of the Site . Exhibit C, attached hereto and incorporated herein by reference , indicates the proposed phasing schedule of the redevelopment . All references hereinafter to "Conversion Phases " shall he with reference to the designation as shown on Exhibit C. K . The redevelopment of the Site as proposed by Ri,M would ultimately require a complete demolition of the existing improve- ments on the Sire , removal of the Mobilehomes and relocation of the Tenants . L . RLM has given to the Tenants and others various notices of its intent to change the use of the Park and discontinue the use of the Park as a mobilehome park . The Association contends that . 1 . On--e these notices were given to the Tenants anti others , the tenants have been unable to sell their Mobilehomes and/or refinance same . 2 . Prospective buyers have been unwi11 i ng to buy because R:.M has required proposed i nyL-rs to waive relocation rights and benefits , as well as acknowledge that - the Site will cease ,being used as a mobilehome park and golf course during the year 1990 . 3 . Deupite these actions , those persons who have peen willing to buy nave been unable to finance the purchase , as Lenders will not lend money using the Mobilehomes_ as collateral in light of the announced intent by RLM to chanye ' the use of the Park . 4 . The City and RLM are obligated to maintain the current use of the Park at least until the year 2013 when the Master Lease expires , and the Association has - requested that the City reject the proposed change ^ of use and maintain the Site as L presently develded until the year 201 M . RLM contends as follows : 1 . That as Master Lessee it has the complete right to change the use of the Mobilehome Park under said Master Lease and under .state , federal and local law; 2 . That all notices that have thus far been required have been properly served upon the Tenc..,ts ; 3 . That RLM has thus far complied with all lawl concerning the change of use and proposes to comply with all state , federal and local laws in order 1_o effect a change of use of the Park ; 4 . 'That RLM has not required any prospective buyer of any Mobilehome in the Park to waive any rights or relocation benefits ; 5. That neither RLM nor any Agency has any responsibil- ity , legal or moral , for the loss in value of the Mobilehomes in the park ; and b . T-)3t the inflated value of the Mobilehomes in the Park deprives R T M of its property rights as a lessee . N . Agency Would like the Site redeveloped as proposed ar.d the Tenants comaensated for the resulting dislocation as prov .,ded for herein . O. R[.M, he Agency , as successor in interest of the City , the Associatior , and the Tenants desire to compromise their disputes regarding RLM ' s right to develop the Site prior to the year 2013 , the relinquishment of property rights by the Tenants , and the adequacy of a Relocation Assistance Plan_ P . Concurrently herewith , the Agency and RLM have entered into a Disposition and Development AgUement and Ground Lease pursua7,t to which , subject to the terms and conditions set forth i therein and herein , the Agency "would convey certain Land to RLM and Ground Lease (modifying and extending the existing Master Lease ) other Lased to RLM all for purposes of development thereon in accordance with the DOA and Lease and this Agreement . TERMS OF AGREEMENT In view of the above , the parties do hereby agree to resolve , compromise and settle their disputes regarding their respective entitlements under any plan to redevelop the 5 ite as follows : -3- • P I N A L I . AGENCY OBLIGATIONS The Agency hereby agrees on behalf of itself , its successors and assigns that it will guarantee to the Tenants exect,ting this Agreement the following : A . Ir. Will immediately cause appraisals to be made , at its expense , of the Tenants ` Mobilehomes on the Site according to the method described in Section IV below to determine tr,e " Appraised Value" of the Mobilehomes ; and H . Any development , redevelopment or change of use of the Site prior to December 31 , 2013 will contain a plan which ; 1 . Bestows upon the Tenants the same rights and benefits being given them as set forth in this Agreement ; and 2 . Prov ides for a Conversion Phasing schedule consistent with that contained in Exhibit C hereto, and that the scheduled phases of development contained therein will not he accelerated unless additional benefits are paid to the Tenants as provided for in Lhis Agreement . C . •` h, c-Migations of the Agency under this Agreement ..Ilal l inurP to the benefit of RLM , the Association and the 1•,�nants , their ticcessors or assigns . The Agency shall adhere to the Conversion Phasing schedule and shell timely take any and all actions which are necessary to carry out and enforce the terms of this Agreement as to the Tenants , including : 1 . Preparing and serving all Notices necessary to notify Tenants to vacate the Mobilehome Park spaces including but not limited to : ( a ) Within fifteen ( 15 ) days after receipt of Notice from RLM of its intent to begin construction - of each and any Post Conversion Phase A development , the Agency shall serve all remaining Tenants notice of its intent LO proceed with add i•t iona 1 cons t i-uct ion . ( b) To those. Tenants specifically affected by the next, scheduled development the Agency shall serve a one hundred eighty ( 18D ) day Notice to Vacate their Mobilehome space . In the event Tentints fail to vacate within the one hundred eighty ( 160 ) day period the Agency shall also serve the Tenants with a sixty ( 60 ) day Mc•t ice to Terminate Tenancy. 2 . Implementing and enforcing , by legal action if required , any and all terms of this Agreement necessary to accomplish this rgreement . 3 . Taking any and all actions necessary to clear the Site and implement the phasing schedule to allow RLM to -4- F I N A L develop the Site including , but not lin- iteo to : ( a ) Using its, best efforts to acquire the necessary possessory rights to Ocean view Estates T ., as herein- after defined , to enable it to provide for the occupancy at that location by th•)se Tenants affected by—Conversion Phase A of the redevelopment , however , the possessory rights to Ocean View Estates I shalt be acquired hefore any construction at the Site may commence ; and ( b ) Clearing the property , constructing mohile- home spaces and otherwise improving Ocean View Estates I suffi- ciently to accomodate those eligible Tenants electing to be moved to this location ; and , ( c) In the event the Agency desires to proceed with any Post Conversion Phase A construction , it shall : ( i ) acquire the necessary possessory rights to Ocean View Estates I and Ocean View Estates 11 to enable it to provide for the occupancy of those areas by the Tenants as provided for herein ; and ( i i ) clear the property , construct ,nihi le- home spaces , anI otherwise improve Ocean View Estates I and Ocean view Estates 11 sufficiently to acconunodaLe up to r,ne hLindred forty- five ( 145 • spaces for Tenants electing to be moved to Ocean View Estates I 4,ind Ocean View Estates 11 . ( d ) In the event t1:e Agency fails to acquire the possessory eights to Ocean View Estates T and IT throijgh good faith negotiati-)ns , the Agency will duly schedule , notice , and hold a public hearing at which it will cons icier the adopt icn of resolutions of necessity to authorize acquisition by eminent domain of the per:sessory rights of Ocean View Estates I and Ti not then owned by the !Agency . Following sucil Public hearing , t1.e kgency will exercise its discretion in dc- Lermining whether or no_t to adopt the reFol ut ions of necessity and to proceed with enti vent domaiP _ In this regard , the Agency untlertakes no ohligacion to . exercise powers of eminent domain with respect to Ocean View Fstat" I• or I ' , or the leasehold interests , or any interests therein . 1 1 . RLM (-`• 1.1rhT1fDNS RI-M hereby 'agrees , on beha) f of itse ) f , its successors anti i gns , as to T.- nant s executing this Agreement , that A . An-, rievelopment , redevelopment or change _ of use of the Site prior to December 31 , 2013 will contain a plan which : 1 . Bestows upon the Tenants the same rights and • benefits being given them as set fortn in this Agreement ; and 2 . Provides for a phasing schedule that is consi'Stent with that contained in Exhibit C hereto , and that the scheduled levels of development cc.nt_ained therein will not be accelerated unless additional benef i cs ' E re paid to the Tenants as expressly provided for in this Agret vent . B . RLM shall notify Agency , in writing , of its intention to begin construction of any Post Conversion Phase A development two: hundred forty ( 240 ) days prior to the scheduled date of constr«ction on the particular phase identified . Said notice shall i-lentify the specific a. ea to be involved in the construction and shall specifically lis . the spaces involved . III . ASSOCIATION AND TENANT OBLIGATIONS The Association and those Tenants executing this Agreement hereby - agree , on behalf of themselves and their successors and assigns , that : A . The Association will confirm and approve this Agreement , on behalf of itself , in accordance with any and all laws , rules and regulations that govern its organization and operation; and B . The Association shall recommend to its members that execution of this Agreement by the Tenants is in the Tenants ' best interest ; and C . Bt refits and obligations flow; to the Tenants under this Agreement and the Tenants executing this Agreement are bound by its terms and shall timely perform the : obl igations contained herein in order to be entitled to the henefi;ts ; and D . The , Association and Tenants , agree , recognize and acknowledge that. any and all alleged representations , written or oral , previously made to them concerning the use of the Site , incl wd-ing the facts that the present lease for the Site expires in the year 2013 ar•d that the use -of the Site may be changed at that time -it 'changes have not previously been made according to the terms of this Agreement have been fulfilled as a result of this Agreement . E . The Tenants shall vacate the Park within the Notice periods referenced herein provided they receive :'the benefits to which they are entitled under this Agreement , and that upon receipt of those benefits all prior representations , oral or written , have been fulfilled and satisfied . - F. Association and Tenants stipulate that the reason for any termination of tenancy contained herein shall be change of 6- use and so long RLM and Agency satisfy&eir obligations under this Agreement , 01 requirements of state , federal and loc-1 law shall thereby be deemed satisfied ; and G . To the extent provided in Section XII of this Agreement , Association and Tenants shall accept any and all changes to the proposed Site Plan and the development of the Site so long as such changes do not affect the Conversion Phasing Schedule as set forth on Exhibit "C" hereof and the benefits they are to receive according to the terms of this Agreement . IV. APPRAISAL OF MOBILEHOM£S A. Selection of Appraisers . within fifteen ( 15 ) days from the date hereof , the Agency and- the Association shall each separately designate � -be- in existenee , a disinterested real estate appraiser having appropriate qualifications ) to appraise the Mobilehomes as set forth immediately below. All appraisers selected pursuant to the provisions here,ff shall be impartial and unrelated , directly or indirectly, so far as employment for services is concerned to any of the parties hereto , or their successors , and shall have at least ten ( 10 ) years professional experience in Southern California appraising mobilehomes with- land anct improvements similar to the Mobilehcmes on the Site . B . Appraisal Criteria for netermination of "Appraised Value" . As used herein , the Appraised Value " of the Nobilehomes shams-be the in-place/in-park fair market value of the homes as of November 1 , 1986 in location on the Site , as adjusted for general Grange County in -place mobi lehome housing inflation to the date of appraisal as determined by, the appraisers . In determining _the "Appraised Value ," the appraisers . shall base their determinations on com2arable sales in the park during- the twelve ( 12) month period prior to November 1 , 1986. The appraisers -shall , in addition to the in--place/in- park factors such as the location of the park and the amenities provided in the Park, consider the size , age , condition and special features of each Mobilehome , the location of each Mobile- home in the Park and the value of - any improvements made by Tenant to the Mobilehome since November 1 , 1986 . The appraisers shall also consider the Space Lease and rental rates applicable thereto as they were in effect on November 1 , 1986 , and assume the continued existence of these leases in the Park through December 31 , 2013 - wil~h all amenitkest but , shall not -7- �� P I w A L consider the effect moving a Mobilehome would have on its value , the effect of any change of use of the Park , including , but not 1 invited to , that proposed by RLM , or the value of the Mobilehome undeK. any local ordinances or codes . All Space Leases shall be considered as being renewable with - reasonable rent increases and all language in Space Leases , notices or other documents concerning possible change of use of the Park shall he disregarded . The terms of an existing sublease between the Tenant , as sublessor , and a Renter , as sublessee , may be considered by the appraiser in determining the Appraised Value . However , a Renter ' s relocation entitlements , if any , under Article 927 of the Ordinances of Huntington Beach will not be considered for purposes of reducing this Appraised Value . C . Appraisal Process and Appraised Value . The two ( 2 ) appraisers so appointed shall , independently of each other , determine the value of each Mobilehome within sixty ( 60 ) days after they have been selected , as to Phase 1 and Phase 1-Optional Tenants and ninety ( 90 ) days as to the balance of the Mobilehomes . If the two ( 2 ) ippraisers appointed concur on the determined value of a Mobilehome , the amount so determined shall be the Appraised Value . If the appraisers do not concur , and the difference between the two ( 2 ) determinations is an amount -less than ten percent ( 10% ) of the amount of the higher determination , the mean average of the two ( 2 ) determinations shall be the Appraised Value . If the difference between the two ( 2 ) determinations exceeds the amount specified above , the determination of value shall be deemed "disputed . " Within fifteen ( 15 ) days after it is determined that the value of a Mobilehome is disputed , the two appraisers shall jointly select a third appraiser meeting the qualifications ;et forth hereinabove , and if they are unable to agreo on a third appraiser , either the Agency or Association , by givinq fifteen ( 15 ) days notice to the other , may apply to the Presiding Judge of the Superior Court of Orange County to select a third appraiser who meets the appraiser qualifications set forth above . The third appraiser , however selected , shall be a person who has not acted in any capacity for either party. Within thirty ( 30 ) dayp after being selected , the third appraiser shall make an independent appraisal of the Mobilehome using the ' criteria set forth in Section IV, Paragraph B. above . This appraiser shall not have access to the findings , data or conclusions of the other appraisers . Tre original appraisers ' determinations as to the value of the robilehome will then be compared to the value determination of the third appraiser for the same Mobilehome . The initial determination that is closest to the value determination made by the third appraiser shall be deemed to be the Appraised Value of that Mobilehome . All expenses related to the selection and services of all three appraisers shall be the sole responsi- bi l ity' of the Agency. rti�tvJOeal rsc:GwI a.zi urn t �e1QC0.fi. W1 I�►�reeN�E� a A L D. Alteste Valuation . Oi-ce thwppraised Value of a Mobilehome is established by the appraisal method , the Appraised Value may be adjusted to a higher value equal to eithert ~ I . That which Tenant would be entitled to receive under the provisions of Article 927._ of the Huntington Beach Municfpal Ordinetncel or 2 . The amount of the actual purchase price paid by the Tenant for the Mobilehome plus proveable costs of any subsequent capital improvements made to the Mobilehome after the purchase , but before November 1 , 1986 , plus the actual value of any capital improvements made after November 1 , 19861 or 3 . The amount necessary to pay in full those secured financial obligations which were transacted prior to November 11 1986 , to the extent that the amount does not exceed the Appraised Value plus ten percent ( 101 ) , plus the actual value of those capital improvements made after November 1 , 1986 . . "Secured financial obligation' as used herein shall be defined as the principal sum as of May 1 , 1988 which the Hobilehome owner was obligated to pay to a lender whose sole security for the loan was the Mobilehome , its improvements , the Space Lease and the personal signature of the Tenant . E . De =ermination of Agreed Value of Mobilehomes . The Appraised Value for each Mo i z ome shall be a 3uste ac__c_o_r-cTTng to the provisions of Exhibit D , attached hereto and incorporated herein by reference , in order to determine the adjusted fair market value (Agreed Value ) for each Mobilehome through December 3 1 , 2013 . in all cases where the application of the provisions of Exhibit D would increase or reduce the value of a particular Mobilehome , references in this Agreement to the "Agreed Value ` shall be deemed to mean the adjusted fair market value as determined by the application of the provision of Exhibit D; however , in no case shall the rent changes occasioned by this Agre,ement affect Exhibit D except for regular annual increases . Further , in no case shall the Agreed Value be reduced below the Appraised Value prior to year 14 on Exhibit D . V . TENANT CLASSIFICATION AND ENTITLEMENTS A . Tenant Classifications . All Tenants shall be clas- sified as follow n : 1 . Immediate Buyout Tenants : A limited number of Tenants who apply reg—ar--31ess of their ocation within the Park, because of their individual circumstances , will be qualified as an Immediate Buyout Tenant . -9- r 1 n A 1, 2 . Phase I Tenants : T, nants who own Mobllehomes located within the area dWsignat onversion Phase A on Exhibit C shall be Phase I Tenants . 3 . Phase I--O tional . Tenants who own Mobilehomes located within the area designated Corlverslon Phase B-Optional on Exhibit C shalI be Phase I --Optional Tenants . 4 . Phase II .Tenants : All other Tenants of the Park not speci f icaYl-yref erenced above shall be Phase II Tenants . 5 . Non-Resident Tenants : Tenants who own Mobile: homes in the Park , regardless of their location within the Park , who sublet the premises to non-relatives , with or without compen- sation , shall have the additional classification of Non-Resident Tenants . 6 .. Renters : All persons who sublease from Tenants shall be Renters ana not Tenants as referenced herein , except that a person who was a non-owner resident on May 15, )987 shall be entitled to the Tenant ' s rights and benefits hereunder if that Resident had an option to buy the Mobilehome on that date and has subsequently either : ( a) exercised the option to purchase ; or ( b) still has the option to purchase and exercises same before the Tenant ' s final election of benefits is due hereunder ; or ( c) has renewed the option and exercises same before the Tenant ' s final election of benefits is clue hereunder . ;ny person who has obtained an option to purchase a Mobilehome since May 15 , 1987 may obtain the rights and benefits due the Tenant hereunder by proper exercise of the option to purchase and be entitled to elect benefits as limited by this' paragraph 6 . 'Both Tenant and resident/optionee shall be entitled to concurrently select benefits under this-- Agreement ; however , when the fenant and resident/optionee conflict in their election of benefits , the Tenant ' s election shall prevail unless the option to purchase has been exercised . 7 . Determination Date : The status 'of Tenants as of May 15 , 1987 shall be the contro ling factor for determining the Tenants ' classifications hereunder . S. Tenant Entitlements . Tenants shall be entitled to select certain relocation benefits under this Agreement . The particular benefits to which each Tenant may be entitled depends - 1(3 �- upon the individual Tenant1a class it ation and the options the Tenant selects . Tenants shall be obl . .rated to select the benefits which they desire under this Agreemei.• and notify the Agency and the Buyout Committee , as the case y be , of their selection within the time periods specified h. ein . The entitlements by Tenant cl aes i f 1 cat ion are as follows : 1 . Immediate Buyout Tej. ,nts ( a ) Purpose of Classifications : It is the mutual desire of the parties hereto to ent i y and provide for Ithose Tenants who (because of personal circumstances , financial need or a particular impact the pr-ject ' s phasing plan may have upon them) find it necessary or advi .ab , e to receive the financial benefits of the Relocation Assistance r1an , to which they may he entitled , in advance of the phasing sch.:dule as established by the Relocation Assistance Plan . For this reason the Immediate Buyout Classification is established . W Available Funds : The Agency will provide the sum of Three Mill ion Two HundredThousand Bol lays ( $3 2QB OOQ ) to pay for certain relocation costs it incurs to provide the benefits to the Tenants herein during Conversion Phase A of the plan. ( c) Expenditure Priorities : These expenditures will be made for the following items in the following order of priority : ( i ) Pay Buyout Tenants located in Conversion Phase A and Phase A-Opt Tonal who elect to sel ) their Mobilehomes as :.00n as possible ; then ( ii ) Pay development and construction costs ( excluding costs associated with acquiring land or right to possess same except for trucking and related uses at the corner of Ellis and Goldenwest ) to build out the existing Ocean view Estates I property to provide spaces for all Phase T and Phase I -n(itiona.1 Tenants who elect to be relocated to Ocean View Estates I before �commewcement of construction of -Conversion Phase A; • ( i i i ) Pay the . 'costs to move el ig ible Tenants to Ocean View Estates I either ; ( aa ) by acquiring a new mobilehome for Tenant and placing it at the new site with the necessary hookups , and moving costs : or (bb ) by moving the Tenants ' exist- ing Mobilehomes to the new site and paying the other benefits to which those Tenants may be entitled , as hereinafter described ; then --- l' I N l► L ( iv} pay the costs to 'relocate Phase I and Phase I -Optional Tenants - who elect to be relocated in another section of the Park; and ( v ) Pay the costs to relocate Phase I and Phase I Optional Tenants who elect to 'be relocated to any location within the United States within the limits of Section VIII . A. hereof . (vi ) With all funds remaining , purchase the 'Mobilehomes of those remaining Tenants applying for Immedia�e Buyout who are certified by the Buyout Committee . (d ) Buyout _ Committee to Determine Ouaiifica- tion : Al applications for certif cat16n as an Immediate Buyout Tenant shall be submitted to and the issue of qualification determined by the Buyout Committee . This Committee shall he comprised of five ( 5 ) members . Two ( 2 ) seats on the Committee will be filled with individuals designated by the Association , two ( 2 ) seats as designated by the Agency and one ( 1 ) seat as designated by those Tenants . who are not members of the Association . The Agency designees shall not be Tenants at the Park . A majority vote of the Committee members shall be final and binding . ( e) Time Limitations : ( i ) A written application by the Tenant , to be certified as an Immediate Buyout Tenant , must be submitted to the Committee within thirty ( 30 ) days after receipt by that Tenant of written notice of the Appraised Value determination for his/her Mob ilehome . Any application received by the: Committee after that elate shall be deemed to be unqualified . The ; Committee , however , may consider and rule upon a latex filed application if it deems that denial of the application , under all of the circumstances , would work an 'extreme hardship on the Tenant . ( ii ) All Phase I and Phase I--Opt ional-{ Tenants who timely apply for certification as Immediate Buyout) Tenants shall be immediately qualified and certified . ( lit ) The Committee shall determine as qualified or net qualified all Phase II and Non-Resident Tenants who apply within forty-five ( 45 ) days of the last - Tenant in the Park being notified of his/her Appraised Value. .' ( f) Oualification Criteria : ( i ) No criteria required . When the total cost to purchase the Mobilehomes sought to _be certified does not exceed the remaining available - funds , after meeting the pr iorty expenditures listed above , there will be' no qualification criteria - 1 2- + established . In such event , all Immediate Buyout applicants will be certified by the Committee to the Agency and the Agency will thereafter purchase the applicants ' Mobilehomes as provided for hereunder . ( ii ) Establishment of Criteria . In the event the total cost to purchase the Mobilehomes sought to be certified exceeds the funds available , after paying the priority items , then the Buyout Committee will establish criteria used to qualify the Phase II and Non-Resident applicants as Certified Immediate Buyout Tenants . This criteria will strive to qualify an ' applicant on the basis of the physical and financial hardship that will be created if the applicants are unable to sell their Mobilehomes . (9 ) A lication by Tenant : Any Tenant desirous of immediate sale of- his or her Mo i e ome shall apply, in writing , to the Buyout Committee for Immediate Buyout Certification and sale pursuant to this paragraph. The application shall state that the Tenant desires to sell and, if he or she wishes , may set forth the reasons and/or state the hardship that the applicant believes will be created should the application be denied . (h) Certification : The Buyout Committee shall consider all applications for Imme late Buyout Certification based on the agreed criteria . The Buyout -Committee shall thereafter, within the time allowed by paragraph (-e ) ( i ) above, determine those Tenants who qualify in view of the funds available and certify those as Immediate Buyout Tenants to the Agency in writing . ( i ) Ac uisition Escrow: Within fifteen (15 ) days of receipt of the written; 'notice of certification by the Agency , it shall establish an escrowfor its acquisition of the Mobilehome with the closing to occur as soon as possible ( approximately thirty ( 301 days ) after- the opening of said escrow, but in no event later than March 15 , 1989 for Phase I Tenants. The Immediate Buyout purchase price shall be : ( i ) for Phase I and Phase I-Optional Tenants : the Appraised Value at time of close of escrow; and ( ii ) for Phase 11 and Non-Resident Tenants : the Appraised Value less five percent (51 ) . {j ) Close of Escrow, Payment to Tenant and Possession of Mobilehome-: ( i ) Before close of escrow the selling Tenant shall execute and deliver to escrow all documents necessary to transfer marketable title ,. free and clear of all liens and encumbrances , to the Kobilehome to the Agency and Agency shall pay - -13- uncire purchase price and an additional amounts vary to pay a escrow costs . ip ( ii ) Upon close , escrow shall : j0 _ ( aa ) pay' all liens and encumbrances against the Mobilehome ; and ( bb) pay to Tenant seventy-five percent ( 75% ) of the remaining sale proceeds and deliver to Tenant an acknowledgment that it holds the remaining sale proceeds which shall be disbursed to the Tenant upon the Tenant vacating the premises and providing escrow with an executed Declaration of Vacancy and Receipt of Benefits in the form of Exhibit E attached hereto ; and ( cc ) deliver all transfer documents to the Agency. ( iii ) Tenant shall vacate the premises within fourteen ( 14 ) days after receipt of the payment of seventy- five percent ( 75% ) of the net sale proceeds and any holdover after that date will be unlawful ; ( k ) Acknowledgment of Notice : A Tenant elect- ing this Option hereby acknowledges that this Agreement shall constitute a sixty ( 60 ) day Notice of Termination of Tenancy which is effective as of the date of this Agreement and the tenancy shall terminate within two ( 2 ) days after the date of closing . ( 1 ). Condition Precedent to Construction : With the exception of the demolzton of that portion of the Hotel located on the Site consisting of the forty-eight ( 48 ) units closest to Huntington Street , RLM shall not commence construction on the Site until all' escrows for Immediate Buyout cases for Phase I and Phase I -Optional Tenants have been funded and escrows for spaces 325 , 326 , 327-, 328 , 329 , 312 and 311 have all closed or tht-se Tenants have been relocated to Ocean View Estates I as the Tene-n-ts shall elect . r 2 . Phase I Tenants 4 within thirty ( 30 ) days after Tenant ' s receipt of the Notice c,f the Appraised Value of the Tenant ' s Mobilehome , the Tenant shall select , in writing , one of the following Options : ( a ) Oation 1 -Immediate Buvout/Offer to Sell All Phase I Tenants who apply for certifi- cation as an Immediate Buyout Tenant shall be certified and - 1 4- ' a entitled to me their Hobilehomes 04 chased by the Agency as provided in Spotion V , Paragraph B. I . above . ( b ) Option 2-Relocation within Park ( i ) Exercise of One Time Option : Tenant shall have tl•..- option , subject to availability of space , to he moved once to another existing Mobilehome within an area of the Park which is scheduled for redevelopment later than the Conversion Phase in which• the Tenant is currently located . The selection of Mobilehome and the actual location of the relocation space must be determined no less than thirty ( 30 ) days before + construction of the Conversion Phase in Which the forAec Mobilehome is located . Up to this time , the Tenant may revoke this Option and elect Option- 1 Immediate Buyout for Phase 1 Tenants . ( ii: ) Purchase of Relocation Mobilehome : The Tenant shall select the Mobilehome to which relocation is desired and enter into a purchase agreement with the owner provid- ing for the close - of escrow before scheduled commencement of construct ion . The Agency shall pay all escrow costs and that portion of thu purchase price , up to the whole thereof , that the Agency would have been obligated to pay if the sel 1 i ng Tenant were selling direct ' y to the Agency for the Agreed value . In the event the purchase [-rice of the relocation Mobilehome is less Alan the Agreed Value c-f the Buver ' s Mobilehome , the Agency shall pay the difference to the Buying Tenant as provided in paragraph ( ivl below. If thr- price paid for the relocation Mobilehome is mare than the Agreed Value of the Buyer ' s mobileheme , the Buying Tenant shall pay the lifference . ( i i i ) Costs of Relocation : Agency shal 1 pay all costs of the within-Park move including , but not limited to , packing and unpacking of household goods and , in addition , shall reimburse the Tenant for up to One Thousand Five Hundred Dollars ( $ 1 , 500 ) in costs incurred for refurbishment of the Mobilehome to which Tenant moves . ( iv ) Purchase of Tenant ' s Existing Mobile home : A Tenant who exercises- this option shall he paid , at the time.- of the m-)ve , cash for his/her .original Mobilehome at the Agreed Value . (v ) Right to Purchase , Costs and Rents for Tenant at f'elocation Mobilehome : The phase I Tenant electing this Option may : ( aa ) Require the Agency to purchase the relocation Mobilehome and thereafter rent the Mobilehome to which the Tena,-t is being moved from the Agency for an initial monthly rental of the Mobilehome equal to one-twelfth ( 1/12 ) of nine -percent ( 11% ) of the Agency' s purchase price for same pl-us 0 F I N A L space rent equal to one -half ( 1/2 ) of the rental rate that would have otherwise been paid for that space . These rental rates shall continue until the Mobilehome ' s removal is necessary for further development c t the Site or , two ( 2 ) years after the date of the relocation , whichever occurs first . If the Tenant occupies the space after this date , the Mobilehome rent shall continue unchanged ; however , the space rent shall he determined in the same manner as other Tenants -who remain in the Park . A Tenant who sells his/her Mobilehome and elects to rent a Relocation Mobile- home will not be entitled to be relocated again , and will receive 1 no further revocation benefits other than those specified herein ; or (bb ) Purchase the Relocation Mobile- home for the Agency' s purchase price or less , pay space rent as provided in (aa ) above and thereafter , be eligible for all other Phase I1 Tenant benefits except further in-park relocation . ( c ) Option 3-Relocation to Ocean View Estates l All Phase I Tenants who have not elected either option 1 or Option 2 above may elect to he relocated to Ocean View Estates I by the Agency as hereinafter provided . ( i ) Location : Ocean View Estates i is the area specifically marked as such on Exhibit F- 2 and includes , hut is not limiter to , the existing mobilehome park located in th? City northeast of the intersection of Ellis avenue and Coldenwest Street , presen+ ! y known as Ocean View Estates . ( ii ) [qualification as Relocatab) e Mobile- home and Notices : Within thirty ( 30 ) days after recaipt by the Agency of a Tenant ' s written notice to elect to be relocated to Ocean View Estates I , the Agency , in its sole discretion , shall determine if a Mobilehome is relocatabie to Ocean View Estates 1 . The Agency shall , within five ( 9 ) days thereafter , give the Tenant written notice of its determination . The notice shall state whether or not the Mobilehome is relocatable and , if it is, the AgeVy ' s estimate of the relocation coats as described in subpara- graph ( c) ( iv ) blow. . ( iii ) Elections Determined by Mobilehome Condition : Depending upon the relocatability of the Tenant ' s Mobilehome , the Tenant may he entitled to the following benefits : ( aa ) when the Mobilehome is over nineteen ( 19 ) } ears old , a- single-wide or has been determined to be not relocatable , then the Tenant shall he entitled to have a new mobilehome purchased in the Tenant ' s name by the Agency and located at Ocean View Estates I ; or ( bb) when the Mobilehome is over nineteen ( 19 ) years old , not a singly-wide , but is relocatat)le, the Tenant may elect to have the Mobilehome relocated to Ocean View Estates i , and in such event , the Agency shall pay to the Tenant Five Thousand dollars ( $ 5 , 000 ) in addition to the reloca- tion costs as described in subparagraph ( c ) ( iv ) below. (cc ) wnen the condition of the Mobilehome meets the requirements for relocation but the Tenant prefers a new mobilehome , then the Tenant may , within thirty ( 30 ) days after receipt by the Tenant of the Agency ' s written determi- nation regarding relocatability and estimated relocation costs, require the Agency to purchase a new mobilehome for the Tenant . The Tenant shall pay to the Agency the amount of the cost of the new mobilehome after deducting therefrom the estimated relocation costs. In this event the Tenant shall cause the old Mobilehome to be removed from the Site . (dd) Any new mobilehome purchased by the Agency to fulfill its obligations hereunder shall be purchased in Tenant ' s name and delivered to Ocean View Estates 1 , at Agency cost and expc-nse . The new mobilehome shall be unused and substantially equivalent in size , utility and quality as Tenant' s existing Mobilehome . Agency shall consult with each Tenant and cooperate to attain Tenant ' s reasonable preference with regard to style and floorplan of the substitute mobilehome . Stiould a Tenant desire a larg,rr or upgraded substitute n..iobilehome , the Tenant shall be required to pay the ad_.ditional costs attributable to the upgrade . _ ( iv ) Costs of Relocation; The Agency will pay all costs of relocating the Mobilehome , its contents and add-ons , including , but not limited to, relocation of the Mobile- home , packing , moving and unpacking of ail contents, all set up and hook up charges and all replacement and/or refurbishment inside and out to put the Mobilehome and all add-ons into a condi- tion on site at Ocean View Estates I at least equivalent to that . it enjoyed at the Park. (v ) Relocation Availability: The Agency will make available at Ocean View Estates I prior to March 15 , 1989 as many spaces as are necessary to accommodate Phase I and Phase I Optional Tenants who select this Option. ( vi ) Rent Abatement: A Tenant electing this option will receive a one hundred percent ( 1.001) abatement of his/her space rent for tie first twenty-four ( 24 ) months of his/her residency at Ocean View Estates 1. If, by that date, Ocean View Estates 11 has not been completed, the rent shall thereafter be set at the same rate as those tenants who resided tT r prior to the date of this Agreement . - Upon completion of O oa . jG�i 3 7It&X 11 , the rental rate shall be set by the Ass c {r�'t1. Y D SFp 0 8 1988 -11- OCPARTMrIvT OF COM"J14'Ty OEYFLOPrv�:1vT ( vii ) Space SeIeption and Placement: Space assignment for each new Tenant at Ocean View Estates I shall be determined by the Agency based upon the availability of loca- tions and , whenever feasible , the Tenant ' s expressed preference in this regard. (d ) Those Tenants failing to provide the Agency with written notice of their elections contained herein , within the time allowed , will be de emed __ to have elected to sell their Mobilehomes at the earliest possible time at the then exist- ing Agreed Val,je . (e) Notwithstanding the above, the implementa- tion of any of these Options shall occur prior to March 15 , •1989 . 3 . Phase I-Optional Phase I-Option-ate Tenants shall select , in writing , within thirty ( 30 ) days after receipt by the Tenant of written Notice of Appraised Valu? : (a ) All Phase I Options : Phase I-Optional Ten- ants shall have, the right to $elect, any benefit available to Phase I Tenants ; or ( b ) O tion 4-Ri ht to Remain : Within the same thirty ( 30 ) d.,y period , Phase' 1-00tional Tenants may elect to remain in their Mobilehomes at their present locations until the commencement of any Post Conversion Phase A of the development of the Park under the following terms and corditions: ( i ) Abatement of Rents: Should Tenant elect to remain in the Mobilehome at its present location , then the Tenant will pay space rents from the commencement of construction of Conversion Phase A for a period of twenty-four ( 24 ) months , thereafter at the rate of fifty percent ( 501 ) of the rental rate as adjusted according to this Agreement. If , at that time , there has been no Post Conversion Phase A development , the space rents shall be computed in the same manner as Phase II Tenants . Should construction commence after that date , the rents would be abated to seventy-five percent ( 75% ) of the regular rate as determined - for other Tenants who remain in the Park, or until the space is deemed by RLM to be necessary for the development of the next Conversion Phase and the Mobilehome is either purchased by the Agency, the Tenant relocated to Ocean View Estates II as hereinafter provided , or the Tenant elects to be relocated outside the Park . ( ii ) Election Exclusion: All Phase I- Optional Tenants , who elect to remain in their present space after Commencement of Conversion Phase A, shall not be entitled to exer- cise the Option to be relocated to Ocean View Estates I. -18- -- -- --- — c ! 1L L { iii ) Right to . Phase ; I Tenant Benefits : Those Phase I-Optional Tenants who :elect to remain in their current space or who relocate within the Park during the develop- ment' of Conversion Phase A shall , in 'addition to those benefits specified above , be entitled to the same benefits anti Options bestowed upon Phase II Tenants . ( c ) Selection B ►_Default : Those Tenants fail - ing to provide the Agency ujt 'written notice of their elections contained herein , within the time allowed , will be deemed to have elected to sell their Mobilehome at the earliest possible time at the then existing Agreed Value . 4 , Phase II Tenants Phase II 'tenants shall , within thirty ( 30 ) days of receipt of Notice of Appraised Value of their Mobil-homes , select , in writing , one of the following relocation benefit Options : ( a) : Option t -Immediate B auaut� Cases : Any Phase II Tenant may apply to the Buyout Committee for certifica- tion as ar. Immediate Buyout Tenant as provided in Section V para- graph B. I , abc ve . ( b) Option 2-Limited Right to Remain: Any Phase II Tenant may elect to continue to occupy is/her Mobile- home , at its present location , until the commencement of any Post Conversion Phase A construction which affects his/her location and Shall be entitled to: ( i ) Restricted Rents : - Effective on the date of this Agreement , the Tenant shall pay to RLM , or its designee , monthly space rent equal to the rental rate paid by the Tenant of that space on January 1 , 1988 ( the ini t ial rent ) . This rate shall be increased annually from the elate of this Agreement by six percent ( 6% ) . , Upon commencemenC tit any Post Conversion Phase A construction , the rent will be reduced to seventy- five percent ( 75% ) of the rent paid by Tenant just prior to the corrstruct ion a id this new rate shall The increased by six percent. ( b% ) per annum . ( ii ) Revival of Option to Sett : upon commencement <•f any construction after the completion of the second construction area , those Phase II Tenants selecting this Option shall be entitled to a new offer to purchase before commencement of each and any subsequent Conversion Phase in the same manner as stated in paragraph ( c) nex.t below. ( c ) Option 3--Right to 5ell Mobilehome: Any Phase II Tenant may elect to sell his/her mobilehome as follows : { i } Offer to Purchase: Prior— to--' one hundred eighty { 180 ) days before the : cheduled commencement of any Post Conversio-i Phase A construction , the Agency shall offer to purchase for the Agreed .Value the Mobilehomes of the then remain- ing Tenants . Acceptance or Rejection of Offer : If the Tenant ' s space falls within the area designated as the next construction p).ase , then the- Tenant shall give written notice to the Agency , within sixty ( 60 ) days , of their acceptance of the offer to purchase , or of their election to select another option , as herein- after provided , but in no event , shall these Tenants be allowed to remain in their present space . ( iii ) Escrow and Payment for Mobilehome .. Within. thirty 130 ) days after receipt of acceptance of its offer to purchase , the Agency shall open an escrow with a scheduled closing date sixty ( 60 ) days thereafter , or sooner if the parties so agree . All costs of the escrow shall be borne by the Agency . ( iv ) Close of Escrow, Payment to Tenant anti Possession of Mobilehome : ( aa ) Before close of escrow the selling Tenant shall execute and deliver to escrow all documents necessary to transfer free , marketable and clear title to the Mobilehome to t.:ie Agency and Agency shall pay to escrow the entire purchase price and any additional amounts necessary to pay all escrow costs . ( bb ). Upon close , escrow shall : ( 1 ) pay all liens and encum- brances against the Mobilehome ; ,a.nd ( 2 ) pay to the Tenant seventy- five percent ( 751 ) of the remaining sale proceeds and deliver to Tenant an acknowledgement thai it holds the remaining sale proceeds which shall be di shursed to the Tenant upon the Tenant vacating the premises and providing escrow with an executed Declaration of Vacancy and Receipt of Benefits in the form of ExhrVit E attached hereto ; and ( 3 ) deliver all transfer c?ocu- ments to the Agency . ( cc) Tenant shall vacate the premises within fourteen ( 14 ) days after receipt of the payment of seventy- five percent ( 7511 ) of the net sale proceeds at which time the balAnce due shall he paid and any holdover after that date will be tinlauful . (d ) Option 4--Rlght to Relocate Within Park : -20- "� P I N A L { i ) Af ter re..ript of a one hundred eighty ( I80 ) day notice from the Agency of its intention to proceed with any Post Conversion Phase A construction , any Phase II Tenant , %^o has. not previously been relocated , may elect to be relocated within the Park under the same terms and conditions offered Phase I Tenants at the commencement of this Agreement . This Option is avarilable and may be exercised , in writing , by all Phase 11 Tenants for sixty ( 60 ) days after receipt by the Tenant of Notice from the Agency of its' intention to proceed with any Post Conversion Pnase A construction . After that date this Option expires . ( it ) Phase 11 "tenants will be relocated within the Pack under this provision prior to the thirty ( 30 ) day period just preceding the commencement of any Post Conversion Phase A construction . ( iii ) phase II Tenants , who are relocated under this provision_ , shall pay the same space rents charged for the "new" space as the former owner would have paid under this Agreement . Subsequent increases or decreases in the rents will be determined in the same manner as any other Phase II Tenants remaining in the Park . ( iv ) Phase II Tenants choosing this Option will not be ertitled to be relocated more than one time within the Park , but remain entitled to sell as provided herein and remain eligible for those benefits enumerated under Section Vill of this Agreement . (v ) Phase II 'tenants electing this option agree to : ( aa ) Sell his/her existing Mobile- home to the , Agency for the Agreed Value within one hundred twenty ( 120 ) days from receipt by the Tenant of written notice from the Agency of its intention to proceed with any Post Conversion phase A development involving the Tenant ' s new location; or (bb) Select any- other option availa- ble to the Tenant under the Terms of this Agreement . ( e ) Opt ion S-Relocation to Ocean View Estates IT : All Phase 11 Tenants shall have the option , subject to their timely election thereof and the availability of space , to be relocated to Ocean View Estates II . ( i ) Location : For purposes of this Agreement , Ocean View Estates II is the area specifically marked as Such on Exhibit F-2 and is located adjacent to an existing mobilehome park in the City, which is northeast of the intersection of Ellis Avenue . and Goldenwest Street , presently L known as Ocean View Estates . This area shall be that Which is improved by the Agency in general conformity with the development plan attached hereto as Exhibit F and incorporated herein by reference . ( ii ) Offer to — Relocate : Unless other- wise provided herein , the Agency shall offer to those eligible Phase II Tenant -. within the , Park , and others who qualify , the Option to be relocated to Ocean View Estates 11 when it is completed . ( iii ) Completion o€ Ocean View Estates T I : The Agency shall be under no obligation to develop Ocean View Estates 11 , nor relocate any Tenant to Ocean View Estates II , unless and until it decides it wishes to commence development of any portion of the Site beyond Conversion Phase A. In addition , no construction , other than that necessary to complete Conversion Phase A , shall commence on the Site , nor shall any Tenant electing to be relocated to Ocean View Estates II be required to vacate his or her Mobilehome and/or space at the Part; unless : ( aa ) right to possess all real property for the period of twenty- five ( 25 ) years required for Ocean View Estate i 11 is vested in the Agency ; and ( bb ) the area previously described as Ocean View Estates I is Fully developed as shown on Exhibit F: and ( cc ) Ocean View Estates IT is either : ( 1 ) fully developed as shown on Exhibit F including the public park land , Iake , golf course , clubhouse and the mobilehome park ; or ( 2 ) the mobilehome park is fully developed arid the remaining rkortions of the ' new site is at least fully desi(}ned , but only partially completed , with the balance of the construction guaranteed by a completion bond in favor r of the Association and the Agency as their respective interest may appear . ( iv ) Cost of Relocation : The Agency will Pay for the costs of relocating each Mobilehome and all add-ons , including , but ru-t Iimitetd to , relocation of the Mohilehome , packing , moving , and unpacking of all contents , all set up and hook up charges at Ocean View Estates II , anti all replacement and/or refurbishme .t inside' and out to put the Mobilehome anri all acid-or.s into a conc!ition on--site at Ocean View Estates Ii at least egiri va l ent to that it enjoyed at the Park . ( v ) Space . Availability : The Agency shall make available at 1)cean View Estates 1 and Ocean View Estates TI 2 2-- - - - - — r I N A L as many spaces as are required for the relocation of Tenants from the Park up to one-hundred forty- five ( 145 ) relocation spaces and may add to Ocean View Estates I up to eight ( 8 ) additional spaces for relocation of Pacific Shores Tenants being relocated as a result of Conversion Phase A. ( vi ) Selection of Tenants for Ocean View Estates II : ( aa ) C)ualification for relocation to Ocean View Esta-.es II will first be granted to those Tenants who apply in wr i t i rig , for this relocation at the t hne the Tenant executes this P-greement . If the ntimher of these applications exceeds the numter of spaces remaining , then the selection will he from this group and determined by lot . ( bb) In the event 'the first group of applicants do not occupy all available spaces at Ocean view Estates- II , then those Tenants who apply, in writing , for relocation to Ocean view Estates II within thirty ( 30 ) days after receipt of their Notice of Appraised Value , will next be qualified for this relocation benefit . If the nu+aher of these applicants exceeds the number of remaining spaces , selection among this second group will be determined by lot . ( cc ) in the event the first two ( 2 ) groups of applicants do not occupy all available spaces at Ocean view Estates II , then those Tenants who apply, in writing , for relocation to Ocean View Estates II , within thirty ( 3() ) days after receipt of written notice from the Agency of its intent to proceed with the constru.-tion of any Post Conversion Phase A, will next he qualified for this relocation benefit . If the number of these applicants excee-is the number of remaining spaces , selection among this third group will he determined by lot . ( c}d } If more- then one: hundred Forty- five ( t 45 ) Tenari~s elect to he relocated to Ocean View Fstatrs I and -mean View Estates II , then the Tenants electing this option 5 , bu;. . who are not selected , may elect ta: ( 1 ) 5elI their Mobi ; ehome to the Agency for tl a Agreed Value as other Phase I I Tenants elect i ng option 3 above=Right to Sell their Mobilehome ; or ( 2) If their space is not required to be vacant for the completion of the Conversion Phase ahoUt to he commenced , then they may restain in the Park _ anA receive the same henef i is as Phase 11 Tenants electing option 2-Limited Right to Remain ; or ( 3) Select - one of the other Relocation Assistance Benefits as defined_ in Section VIII hereof ; 23- • P I N A L or ( 4 ) Select mobilehome park space- within a seventy- five ( 75 ) mile radius of the City and be entitled to the same benefits of forll,d Phase t Tenants under Section V . B . 2 - . c) , except that these 'nr.+iants will not be entitled to relocation within the Park , Ocean Vi ,w Estates T or Ocean View Estates II locations . If nQ space is available within the City for this purpo:se , because of the age of a certain . Tenant ' s Mobilehome then the Agency shall purchase a new mobilehome for that . Tenant and relocate same to new park of Tenant ' s choice , within that radius , in the same manner as stated in Section V, B . 2 ( c) . ( vii ) Space Selection : Specific space assignments witnin Ocean View Estates 11 will be made by the Buyout Committee using the guideline that each Tenant selected will be placed on a space ( as nearly as possible ) comparable to the location of the space presently occijpied by the Tenant at the park. ( viii ) Qualification as Relocatable Robile- home and Notices : Within thirty ( 30 ) days after receipt by the Agency of a Tenant ' s written notice to elect to be relocated to Ocean. View Estates 11 , the Agency, in its sole discretion , snail determine if a Mobilehome is relocatable to Ocean View Estates II . The Agency Shall , within five ( 5 ) days thereafter , give the Tfr.nant written notice of tis determination . The notice shall state whether or not the Mobilehome is relocatable and , if it is , the Agency ' s estimate of the relocation costs as described in subpara- graph ( e ) ( iv ) above . ( ix ) Elections Oetermined by Mobilehome Condition : Deper:ding upon: the reIocatahiIity of the Tenant ' s Mobilehome , the Tenant may be entitled to the following benefits : ( aa ) When the Mobilehome is over nineteen ( 19 ) years old , a single-wide or has teen determined to be npt_ relocatable , then the Tenant shall be entitled to have a new mobilehome purchased in the Tenant ' s name by the Agency and located at Ocean View Estates II , ; or ( bb) When the Mobilehome is over nineteen ( 19 ) years old , not a single-wide , but is relocatable , the Tenant may elect to have the Mobilehome relocated to Ocean View Estates 11 , and in such event , the Agency shall pay to the Tenant Five Thc•usand dollars ( 55100[) ) in addition to the relocation costs as described in subparagraph ( e ) ( iv ) above . ( cc) When the condition of the Mobilehome meets the requirements for relocation but the Tenant prefers a new mobilehome , then the Tenant may, within thirty ( 30 ) -24- J1 L days after receipt by the Tenant of ti : Agency' s written determi - nation regarding relocatabi 1 ity and estimated relocation costs , require the Agency to purchase a 'new mobilehome for the Tenant . The Tenant shall pay to the Agency the amount of the cost of the new mobilehome after deducting therefrom.. the estimated relocation costs . In this event the Tenant shall._cauae the old Mobilehome to be removed from the Site . 1 dd ) Any new mobilehome purchased by the Agency to fulfill its obligations hereunder shall beE purchased in Tenant ' s name and delivered to Ocean View Estates 11 , at Agency cost ' and expense . The new mobilehome shall be unused and substantially equivalent in size , utility and quality as Tenant ' s existing Mobilehome . Agency shall consult with each Tenant and cooperate to attain Tenant ' s reasonable preference with regard .to style and floorplan of the substitute mobilehome . Should a Tenant desire a larger or upgraded substitute_ mobilehome , the Tenant shall be requi:-ed to pay the additional costs attributable to the upgrade . ( x ) In the event that Tenant sloes not notify the Agency , in writing , of his/her selection of this Option within the allowed time frame , the Tenant Will be deemed to -have waived the election to be relocated to Ocean view Estates II and this option will no longer be available to that Tenant . 5 . Non-Resident Tenants Each Non-Resident Tenant shall sell h I s/her Mobilehome to the Agency and the Agency shall buy same under the following terms and conditions : ( a ) Option 1 - Immediate Bu out Cases : Any Non- Resident Tenant may , within thirty ( 30 ) ays of the date cif receipt of the Notice of Appraised value , apply to the Buyout Committee for certification as an Immediate Buyout Tenant as specified under the Immediate Buyout Option above . All who are in the Conversion Phase A or Conversion Phase B area , who timely apply , shall be deemed qualified for cer_tifscation as an Immediate BuyoJt' case . (b) 'option 2-Sale ( 1 ) Offer to Purchase : Up to one hundred eighty ( 180 ) days before the scheduled commencement of any Post Conversion Phase A construction , the Agency shalt offer to pur- chase the Mobile')omes of the- then remaining Non-Resident Tenants for the Agreed Value . If the Agency determines that the removal of any Mobilehorr= is required for that scheduled development , it shall so notify the Tenant and it will be compulsory for the Tenant to accept the offer . If the removal of the Mobilehome is not required , as determined by - the Agency, then the Tenant shall F I H A L within sixty ( 66 ) days after receipt: Gf the offer accept or reject same . ( ii ) Escrow and Payment for Mobilehome : Within thirty ( 30 ) days after receipt of acceptance of its offer to purchase , the Agency shall open a-h escrow with a scheduled closing date sixty ( 60 ) days thereafter , or sooner if the parties so agree . All costs of the escrow shall be borne by the Agency. ( iii ) Close of Escrow, Payment to Tenant and Possession of Mobilehome : ( aa ) Before close of escrow, the selling Tenant shall execute and deliver to escrow all documents necessary to transfer free , marketable and clear title to the Mobilehome to the Agency , and the Agency shall .pay to escrow the entire purchase price and any additional amounts necessary to pay all escrow costs . (bb ) Upon close escrow shall : ( 1 ) pay all liens and encum- brances against the Mobilehome ; and ( 2 ) pay to the Tenant 100% of the remaining sale proceeds upon the Tenant vacating the premises and providing escrow with an executed Declaration of Vacancy and Receipt of Benefits in the form of Exhibit E attached hereto ; and ( 3 ) Deliver all transfer docu- ments to the Ag- ncy . ( cc ) All Non-Resident Tenants who sell their Mobilehomes , either under the immediate Buyout provi- sion or this pt--ragraph , shall , in addition to other obligations they may have t-erein , at close of escrow, deliver to the Agency the Mobilehome free of any occupants . r- - ( c) Option 3-Limited ' Ri ht to Remain and Rents Due : If the Mobilehome owned -by t e Non-Resi ent Tenant is not T 'ocated -within the next scheduled development phase , then the Non--Resident Teliant may elect to remain in the space . In that event , the rentzl rate for the space shall continue to he the same with annual inc-reases determined in the same manner as other Tenants who rerrain in the Park . Eligible Tenants electing to reject the offer to purchase will be entitled to a new offer to purchase before commencement of any subsequent construction phase . (dl Responsibility for Subtenants: It shall be the responsibility of the Non--Resident Tenant to deliver his or her Mobilehom to the Agency free of occupants , and any eompen- -2b- - ti A L sat ion to which the Tenant ' s suhlesse,- (s ) may be entitled , if at all , shall be bard one-half ( 1/2 ) by the Non--Resident Tenant up to a total paid by the Non-Resident Tenant of One Thousand Dollars ( s1 ,on ) and the' remaining sum paid by the Agency. The Agency shall indemnify and hold the Tenant haFmless from any other claim for relocation be-nefits made by such occupants . ( e ) NonzAvailability of Options : Except for the right and duty to sell—for tie Agreed Value as specifiers above , or to apply as an Immediate Buyout Tenant , the Non-Resident Tenant shall have no other Options to receive Relocation Assist- ance Benefits under this Agreement , 6 . Renters ( a ) Those parties who , as of the date of this Agreement , occupy -a Mobilehome within the Park , but have no owner-, ship interest therein are not entitled to receive any benefits from the parties hereto under this Agreement . However , benefits , 'if any, that might be due such Renters shall be paid in accordance with the paragraph entitled Responsibility for Subtenants under Paragraph 5 . (d ) of this Section . ( b) A party who , as of the date of this Agree- ment , owns an option to purchase the Mobilehome in which he/she resides and who timely exercises .the option to purchase shall he deemed to be Lhe Tenant for purposes of this Agreement and entitled to the benefits herein contained . There shall , howev.r , be only one benefit package offered for each space . VIll . OTHER RELOCATI-ON BENEFITS A . Moving of Mobilehome : All Tenants shall , in the alternative to any other benef its specified herein , have the right to have their Mobilehome relocated anywhere within the united States at Agency ' s expense. The cost of this relocation 5r,aI l not exceed fifty pei cent ( 5011 ) of the Agreed val oe . it the actual cost' of relocation is less than fifty percent ( 50% ) of the Agreed Value,r - then the difference shall be paid to the Tenant by the Agency. if the cost is greater , then _the Teant shal i hear the excess- expense . 8 . Discount and Lora Cost Ho%isin� : All Tenants shall he offered , if reasons y available ,e , the arl; i t ional right to: 1 . Purchase a condominium, if one is built on the Site , at a discounted price bf Fair Market Value less ten percent ( 10% ) , provided Tenant agrees to, and does , ieside in the premises for a two ( 2 ) year period and not sell or otherwise transfer the ownership interest therein for that 'period, un-1 ess Tenant pays to the developer the amount previously discounted from the Fair Market Value . RLM shall give each eligible Tenant written notice -27- - - re tl A L of the scheduled completion and availability of these units no less than six ( 6 ) months before such date . Within thirty ( 30 ) days thereafter , Tenant must contact RLM, in writing , indicating the Tenant ' s i-lterest therein . This offer thereafter terminates as to those Tenants who do not respond.. Those who have indicated an isterest mu3t open an escrow for the purchase of the condo- minium within thirty ( 30 ) days of the date the units are first available for cccupancy . 2 . For a period of one ( 1 ) year from the first day units are available , rent from RLM any available new residential rental units built on the Site at the same rental rate offered to the public less ten ( in ) percent provided a written application to rent is given f?LM within thirty ( 30 ) days of the date the units are first available for occupancy. 3 . Obtain low cost rental housing in the City at Emerald Cove o!" housing similar thereto when available . This offer . shall expire one year after the Option is first made avail- able to the Teniints . C . Eiirly Relocation Benefits : The parties anticipate that the entire re eve opment will occur in the spanner anti/or on the time schedule as stated -in Exhibit C previously referenced . I f , however , the Agency desires to accelerate the redevelopment of the Site , and a! a result , a Tenant is required to relocate sooner than the projected dates affecting that Tenant , the Tenant shall be entitled to receive an additional benefit . Thii benefit will be the payment ry the Agency of an additional amount to the Tenant equal to four p»rcent ( 4 % ) of the Agreed Value for each year , or part thereof , that such Tenant is required to vacate his/her space in the . Park in idvance of the projected dates . This sum shall be paid at the time of payment of any other sums clue hereunder or at the time of relocation , whichever first occurs . D . Payment of Existinq Secured Financial Obligations . In the event. a Tenant elects to relocate- his/her Mobilehome during the fe'rm of this Agreement , either to Ocean View Estates I or II , or to some other location , or buy a relocation Mobilehome within the Park * provided for herein , it is the. intent of the parties that any secured financial obligation attached to the Mobilehome will merely be transferred to the Mobilehome at the new location or to the new mobilehome , as the case may be . However , if for any reason , the action of moving the Mobilehome or acquiring title to a different .mobilehome causes a secured financial obligation to become due and l:ayable , in full , then the Agency shalt pay that entire obligation and provide the Tenant with secured financing f-or the same amok,nt , under the same terms , at the new location of the sane or different mobilehosne . The amount so financed shall not exceed those. sums elfgibI6 as defined in Section IV. D. above. -28- _ IX . TERM10ION OF SPACE AVAILAIiILIOP AT OCEAN VIEW ESTATES I AND II It is understood that Ocean View Estates I and II shall be constructed pursuant to this Agreement and Shall exist only for a period of twenty-five ( 25 ) years from the opening for occupancy of the area known as Ocean View E6tatee it . It is further under- stood that Ocean View Estates I and I1 will be a mobilehomr park constructed solely for the purpose of providing temporary mobile- home housing for certain Tenants displaced by the redevelopment of Driftwood Beach Club Mobi .lehome Park . The Agency, as the provider of the property upon which Ocean View Estates I and II will be constructed , transfers no rights to occupy said property beyond that twenty--fit-e ( 25 ) year period . Therefore , the following provisions shall apply : A . Tenant hereby agrees that he/she has no right to possess or own the property upon which Ocean View Estates I and 11 shall be located except as a Tenant of a mobilehome park and said. right shall cease automatically twenty-five ( 25 ) years after the area known as Ocean View Estates II first opens for occupancy. S . Tenant hereby represents that he/she has no expecta- tions as to the " in place value " or " in park value" of mohilehomes which are to be located in Ocean View Estates I and 11 other than the Agreed Valu(- as established by the provisions of this Agree- ment . C. Tenant hereby represents that he/she has not relied upon any belief or representation that the value of the mobile- homes in Ocean View Estates. I and 11 will inflate or dec) i ne - prior to the termination of his/her possessory rights thereto . 0 . It is mutually agreed that this Agreement shall act as and shall be considered as the eighteen ( 18 ) month Notice of Change of Use o ` Ocean View Estates I and Ii which is to take place twenty- five ( 25 ) years after the area known as Ocean view Estates II is first opened for occupancy. On said date , upon proper notice by the Agency to the Tenants , Ocean ViewEstates I and IT _wall convert to use as a _public park. E . it is mututally agreed that this Agreement shall be considered to bE and shall act as the six ( 6) month Notice of Change of Use and any other notices of change of use required by state , federal or local law. F . Tenants , on behalf of themselves , and each of their - executors , administrators , heirs , successors , and assigns hereby waive the right to receive further not- ice that their tenancy at - Ocean view Estates I and II shall be terminated as of a date twenty-five ( 25 ) years after the area Known as Ocean Vier Estates II is first opened for occupancy. -29- _ . F I N A L • G . I� is further agreed that the construction and- maintenance of Ocean View Estates I and II are part of a Reloca- t ion Assistance Plan and Relocatioi. Agreement: that have been prepared and negotiated pursuant to b Conversion Impact Report on the park and Article 927 of the Hunt ip9ton Reach Municipal Code . Tenant agrees +:hat the Conversion Impact Report , Relocation Assis- tance Plan and Relocation Agreement also apply to the conversion of Ocean View Estates I and- II to public use which will take place twenty- five ( 25 ) years after the area known as Ocean View Estates II is first opened for occupancy. Tenants , on behalf of them- selves and each of their heirs , executors , administrators , successors and assigns hereby waive any and all right , now and in the future , tc. demand or require additional Conversion Impact Reports and/or Relocation Assistance Plans as to Ocean View Estates I and II . H . Tenants , on behalf of themselves and each of their heirs , executors , administrators , successors and assigns hereby waive any and all tight to receive any relocation benefit utien ocean View Estates I and II close except those specifically enumerated herein . I . Ti�nants , on behalf of themselves and each of their heirs , executors , administrators , successors and assigns hereby waive any and .ill right to object to the closure of Ocean View Estates I and IT after the termination elate and agree to vacate the space immediately Upon receipt of a written sixty ( 60 ) clay Notice of Termination of Tenancy. J . Tenants agree .o give notice to subsequent purchasers of tf•eir mobi .lehomes at Ocean View Estates I and II of this status and the requirements placed upon the buyers unLier this Agreement . Said notice shall conform substantially to the notice attached hereto marked Exhibit G . X . PAYMENT OF UTILITY COSTS It shall re the Tenant ' s obligation to pay all utility charcMS attributable to his/her Mobilehome for so long as it is owned or occupied by the Tenant or a Re-nter while at the present Site or by the Tenant after relocation -to Ocean View Estates I or II . XI . FREE ALIENABILITY OF MORI LF110MES AND VALUE GUARANTEE A. Sa? e Within Park: 1 . * It is the intent of the parties that this Agree- ment will result in the Tenants enjoying free alienability of their Mobilehomes without being burdened with a possible change of use and the resulting consequences to the value of the Mobilehome that might result . Therefore , Tenants wishing to sell their _ -30- _ F I N A L Mobilehomes within the Park may attemPL to do so after the date of this Agreement . On each anniversary of this Agreement , up to ten ( 10 ) Tenants who have attempted to sell their Mobilehomes in the Park -for a per iod of at least ninety ( 90 ) days and have been unable to sell for the Agreed Value , may then offer to sell the Mobilehomes to the Agency for the Agrved Value . The Agency may then - elect within thirty ( 30 ) days to acquire the Mobilehomes at the Agreed Value or elect to allow the Tenants to sell the Mobile- homes on the opf:n market for ninety ( 90 ) days and immediately upon the close of escrow, if the Tenants rece ive less - than the Agreed Value ( before )j.iying any liens ) the Agency shall pay the differ- ence to Tenants , but if the Tenants receive more than the Agreed Value , Tenants !:hall retain all sale proceeds . In the event more than ten ( 10 ) qualified Tenants offer to sell their Mobilehomes to the Agency on e.,ch anniversary date , the Agency will determine by lot which ten of these Mobilehomes it will buy and/or guarantee the sale price . 2 . Tenants may transfer all of their relocation benefits to buyers of the Mobilehomes , and the buyers shaII receive all benefits to which the sellers were entitled , except that the Agreed Values at time of purchase will be reduced for the buyers to the an-ount paid by the buyers if the sale price is for less than the Agreed Value , but it will not - increase the Agreed Value if the sale price exceeds that amount . After purchase , the Agreed values will be adjusted according to the provisions contained in Exhibit D . 3 . Buyers will he approved and allowed to reside in the Park only uri•ler the following conditions and/or circumstances : ( a ) Buyers must agree , in writing , to accept the benefits why ._h the selling Tenants would have been entitled to under this Agreement , and no more ; and ( h) Buyers must comply with all reasonahle prerequisites , rules and regulations maintained by RLM for the management of tho Park . B . Sale At Ocean View Estates I and II : ~ 1 . Right of Resale and Price Guarantee- Any Tenant who relocates to Ocean View Estates I or IT , and after the second year following occupancy, is unable to sel ) the Mobilehome for a price equal to the Agreed Value for a period .of no less than ninety ( 90 ) days , may then offer to sell to the Agency for the Agreed value . The Agency . may elect , within thirty ( 30 ) days following written. notice of the offer to sell , to either : ( a ) Acquire Tenant 's Mobt ) ehome at the Agreed Value and pay All costs occasioned by the sale ;- or -31- - • F I N A L (b) Permit Tenant to sell the Mobilehome on the open market and immediately upon close of .. escrow, if the Tenant receives less than the Agreed Value ( before paying any 1 iens-) , the Agency shall pay the difference to Tenant , but if the Tenant receives more than the Agreed Value , Tenant shall retain all sale proceeds ; ' ( c) Failure by the Agency to provide Tenant with written notice of its election within thirty ( 30 ) days of receipt of the offer to sell by the Agency shall be deemed to be rejection of the offer and an agreement to proceed under paragraph 8 . 1 . ( b) of this Section . C . Certificate of Tenant Benefits and Rights : Upon receipt of proper notice of any election of benef its by any Tenant hereunder , Agency and/or RLM , as the -case may be , shall promptly issue to the Tenant written receipt of the notice - and certification of the particular rights and benefits involved . These shall be confirmed in writing to third parties such as a prosp,�ctive buyer or a lending institution by Agency and/or RLM promptly upon written request of the Tenant , X11 . WAIVF'; OF RIGHTS AND ASSUMPTION OF OBLIGATIONS A . Tenants ' Waiver of P,ights . Upon execution :of this Agreement , the Tenants do hereby relinquish , release and waive any rights they might have , past , present or future to object to any redevelopment of the Site on the fol ?owino grounds : 1 . That they are entitled to continued use and occupancy of the Site because of a sublease agreement they have with RLM which extends beyond the commencement date of ' this Agreement ; 2 . That they are entitled to occupy or possess any space in the Park and any common areas therein under claim of right which may be contained in the Mobile Home Residency Law ( Cali,tornia Civil Code Section 798 et seq . ) ; California Government Code Sections 65963 . 7 and 66427 . 4 ; California Health and Safety Code -Sections 33411 -33417 ; California Government Code Section 7260 ( et seq . ) and Section 6000 ( et seq . ) ; California Administra- tive Code Title 25 and Article 927 of the Huntington Beach Municipal Code . 3 . That their relocation benefits , or any other form of financia ' compensation to which they are entitled under this Agreement , are inadequate or do not provide for affordable or replacement housing on or off of the Site . B . Association _Waiver of Rights. Upon execution of this Agreement , 1-he Association , for itself alone , and not on 3 2-- P I K A L behalf of - its individual members , does hereby relinquish and waive any right- it has , past , present or future , to object to the present RLM plan to redevelop the Site . C . Assumption of Obli atio'rrs . In the event the Site is redeveloped under any plan approved by the Agency prior to the year 2013 , the Tenants do hereby agree to: 1 . Vacate the spaces being occupied by the Tenants upon. being givf-n at least one hundred eighty ( 180 ) days written notice by the pgenr:y that the Agency has approved a redevelopment plan for a portion of the Site , and that possession by the Agency , or its designee , of the spaces tieing occupied by the Tenants is necessary for she implementation of the next Conversion Phase . This determination shall be made by the Agency in its sole . discretion ; however , there shall be no development commenced beyond Conversion Phase A before the minimum - commencement dates indicated in th•t Conversion Phase portion of Exhibit C, except as Provided for h.evein . - 2 . Notify the Agency of the relocation benefit Option under which they elect to receive relocation henefits as provided _herein . . 3 . Cooperate with the Agency in anyway necessary to implement the plans , except , notwithstanding the foregoing , Tenant specifically reserves the right to object at any public hearing pertaining to a plan for redevelopment of the Site provided the basis for objection is not specifically waived in Section XIi .A . above . XIII . PAYM N'r OF COSTS AND EXPENSES TO ASSOCIATION Upon execution of this Agreement ! RLM shall pay to the Association a sun up to One Hundred Seventy-five Thousand Dollars ( $ 175 , 000 ) for reimbursement of all costs and expenses including attorney ' s fees incurred by it , and its predecessurs to date of this ,- Agreement . These costs and expenses were incurred in responding to the proposed change of use of the Site and the negotiation and preparation of this Agreement . Any additional costs and expenses including attorney' s fees incurred by the Association after the date of this Agreement , to implement the terms of this Agreement , shall he paid by R1.M. This additional sum shall not ext-eed Twenty- five Thousand Dollars (-$25,000 ) . XIV . ASSOCIATION TO RE. MASTER TENANT AT OCEAN VIEW ESTATES I AND II�' Upon commercement of any Post Conversion Phase A construct- ion , the Agency shall lease to the Association the premises previously referred to as Ocean View Estates I and Ocean View Estates II except the public park, la�s,_ and golf course areas -33- P I N A L contained herein . The terms of that lease are indicated in that- certain Lease Agreement between the Agency and the Association Which is atta.-hed hereto , marked Exhibit H and incorporated herein. XV . AVAILABILITY OF BENEFITS UNDER THIS AGREEMENT Tenants shall be required to execute this Agreement within thirty ( 30 ), da-s after receipt of a copy of this Agreement and Notice of its i-pproval by RLH , the Association , the City and the A(3ency . In the event that any Tenant fails to execute this Agreement withi}i that time period , or sooner , it shall he presumed that the Tenants who so refuse to sign are refusing the benefits herein , and thcse Tenants shall only be entitled to the minimum benefits allow-�d under Article 927 of the Huntington Beach Municipal Code . XVI . MISCE).LANEOUS PROVISIONS A . Ya iver . The waiver of any term , ciovenant or condi - tion herein con-.:aine shal 1 not be deemed to be a waiver of such term, covenant )r condition to any subsequent breach of the Sas,,e or any other term, covenant or condition herein contained . B . Marginal Headings . The Marginal headings anti titles of this Agreement are not a part of this Agreesnent anti shall have no {- ffett upon construction or interpretation of any part hereof . C. Time . Time is of the essence of this Agreement and each and all of� ��s provisions in which see: formance is a factor . a . Successors and Assigns . The covenants and condi- tions herein coOtaine apply to and bind the heirs , successors , executors , adman istr-ators and assigns of the parties hereto . _ E . Prior Agreements . This Agreement contains all of . the Agreements (,` tie parties hereto with respect to any matter conve'?ed or mentioned in this Agreement , and no prior agreements . or understanding pertaining to any such chatters shall be effective for ac�'y purpose . No provision of this Agreement may be amended or added to except `)y an agreement , in writing , signed by the parties or their respective successors in interest . F . Partial Invalidity. Any provisions of this Agreement which shallprove to be invalid , void , or illegal , shall in no way affect , impair or invalidate any other provisions hereof , and such other provisions shall remain in full force and effect . - G . Ctoice of Law. This Agreement shall he governed by the laws of the State of Ca ifornia . J 4~ z Y N A L N . Aorneys Pees . In i tie event of any action or proceeding brought y any party against another party to this Agreement , the prevailing party shall bo tntitled to recover : reasonable attorneys fees , including costa of appeal . I . Notices . All notices and demands which may or are to by required or permitted to be given by a party on another , shall be in writing . All notices and demands shall be Bent by United States mail , postage prepaid , certified/return receipt , addressed to the receiving party at the address hereinafter stated , or to such other address as a party may from time to time ' designate in a notice to the other partied . J . Enforcement . 1 . This Agreement is specifically enforceable by the Agency , RLM , the Association and any Tenant who has executed this Agreement and who has 'not received the benefits herein due to a breach of this Agreement by either RLM or the Agency. 2 . A breach of obligation by RLM or the Agency with respect to one or more Tenants shall not act to prevent perform- ance by other Tenants . 3 . Tenants shall be obligated to perform under this Agreement so' long as Agency and RLM perform those obligations herein that specifically affect or apply to each of them Indivi- dually. No Tenant may refuse to perform under this Agreement where the Agency or RLM have failed to perform obligations that are particular to any other Tenant . continued on next page p Y N A L Y. , Counterpart Execution . This Agreement may be executed in counterparts , each of which shall be fully effective as an original and all of which together shall constitute one and the same instrument . In witnes�S wheveof , the parties have executed this Agreement as of this' day of ,SQfe ��r. 1988 . REDEVELOPMENT CF:NC OF THE APPROVE TO FORM: CITY" OF HU N N TW By BY / ti Agency Counsel^ ATTEST: (!� RLM P ERTIES , LTD . , a California Limited Partnership Clerk By44' V 'd- - DRIFTWOOD BEACH CLUB MOBILE HOMEOWNERS ASSOCIATION , 1NC. , a California Nonce Profit Corporation INDIVIDUAL TENANT SIGNATUPE PAGE ATTACHED -36- I10IVIDUAL TENANTS SIGNATURE PAGE ` _ I/We , the undersigned , '( Please Print Your Name ( al owner ( s) of the mobilehome located on Space of ( Fill 1n Num er the Driftwood Beach Club Mobilehome Park, do hereby agree to the terms and conditions of the MOBILEHOME ACQUISITION AND RELOCATION AGRE£H.ENT by and between REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH , RLM PROPERTIES , LTD. , a California Limited Partnership, DRIFTWOOD BEACH CLUB MOBILE HOMEOWNERS ASSOCIATION., Inc. , a California Non-Profit Corporation and the INDIVIDUAL TENANTS of the Driftwood Beach Club Mobile Home park dated 1988 and hereby acknowledge receipt of a copy of the Agreement totaling pages , including Exhibits A through H and this signature page . Date Signature Date S gnature The foregoing instrum nt Is a cW*d e09y of the original on file in this office. Attest 10 Lo 19,�' City Cleck and Ex-officio Clerk of the City -37-- C43uncil of the City of Huntingtoh_Beach, Cal r ornIs. BY Dept i 260% A 2ao% CONCEPTUALD.IUSTMENT TO "APPRAISED VALUE" � TO DETERMINE "AGREED VALUE" 1 � 220% w ,00 o ' 200% cr W 0 180?. o cn 100 00 M 120% 400 �4/� r����- ♦ • w ♦ f ¢. 2 :G*0r ASSUMES C.P.I. r- 0•/YEAR D � '► a w 807. "APPRAISED VALUE' % c AT DRIFTWOOD %* ♦ , px of %�3 , � b0?. "APPRAISED VALUE' ` AT DRIFTWOOD � W 44 � 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 25 c 14, YEAR _ GRAPH 1S AN ILLUSTRATION OF THE CONCEPT ONLY. SEE THE AGREEMENT FOR DEFINITION OF TERMS AND FORMULA ON FOLLOWING PAGE FOR THE METHOD OF CALCUL-ATION GRAPH ASSUMES PARK SPACE RENT ADJUSTUENTS EQUAL TO C P I FORMUI,& FOR I)UERMI HE "AGREED VALUE" : Let : n = the year, where n - 0 is the date of the "Notice of Appraised Value" per Section IV of the Agreement. Vn = Agreed Value at year n, where Vp is the "Appraised Value" per Section IV of the Agreement. , Cn Change in the Consumer Price Index from the previous year, calculated as follows: (CPIs - CPin-1)/CPin-I Example : (1 . 4 - 1 . 35)/1 . 35 - . 0370 Rn = Change in the mobile home park space rent from the previous year, calculated as follows: (Rentn - Rentn-1)/Rentn-1 Example: ($200 - $195)/$195 - . 0256 S Salvage Value equal to 20% of the Appraised Value, i'. e. , S - 0. 2 x VO Given the above, then: For n - 1 &hrouah 13: Vn - Vn-1 + (Vn-1 X Cn) + [Vn-1 x (Cn Rn) ] - Example: $50, 000 + ($50, 000 X . 037) + [$50,000 X (. 037. - . 0256) ] = $50,000 + $1, 850 + $570 - $52, 420 For n_= 14hroM 25: Vn - ( I (Vn-1 - S)/12] x (25 - n) ) + S Example assuming year 15 With V14 - $75, 000 and S - $10,000: ( ( ($75,000 - $10, 000)/12] x (25 - 15) ) + $10, 000 ( [$65, 000/121 X 10) + $10,000 = $54, 167 + $10, 000 - $64, 167 Exhibit D-2 (to the Pobilehome Acquisition & Relocation Agreement, 9/26/88) DECLARATION OF VACANCY • ANT) • RECEIPT OF BENEFITS un ersigne owner ( s ) of the moETlehome in Space and Tenant ( s ) of Driftwood Beach Club Mobilehome Park , hereby acknowledge ( s ) receipt of any and all relocation benefits to which he/she/they is/are entitled , 'and waive( s ) all rights to receive further benefits under the Mobilehome Acquisition and Relocaton Agreement except eligibility to purchase or rent housing accomodations as specified in Section VIII thereof . The undersigned further warrant ( s) and declare (s) that he/she/they has/have vacated the above listed space and hereby relinquish ( es ) any and all rights , title , interest and right to possess the above listed space . EXHIBIT "B' (to the Mobilehome Acquisition b Relocation Agreement , 9/26/88) x. . . .. . . . . . ----- - - - - - - - - - -- - - - - - - - - eggs -- .c tilf - e r. ti iltt�js r' r vp IL SITE BOUNDARY ' , 1 i - t t SITE �`► 21462 Pacific Coast Highway Huntington Beach, Ca. 92648 EXHI T A ( to the Mobilehome Acquisition Relocation Agreement, 9/26/88 1 Nr. i Mrs. George bari .. 2 Dorothy Pinkham Hs , p Y 3 Ns. Wills Vee Winthers 4 Mr. t Mrs. Dennis Shea 5 Ms . Marian Phillips 6 Mr. i Mrs. Donald Cosby 7 Mr. 4 Mrs . Paul ' Beck 8 Ms . Geraldine Marie Florez Trustee ) Mrs. Claude Williams 9 Mr. i Mrs. H. B. Watson 10 Mr. i Mrs. Eduard Roger Fountain 11 Mr. John Richard Cooper Ms. Lois Ione Earl 12 Ms. Bonnie Figgins 13 Mr, Richard Upton 14 Mr. i Mrs. Charles Cantrop 15 Mr. Albert Behar 16 Mr. i Mrs . William Shatto 17 Ms. Fern Ethel Gordon 18 Mr. 4 Mrs. Frank Cutrone 19 Hs . Elizabeth Rosenhauer 20 Ks . Susan Ziegler 21 Mr. i Mrs. Aniello DiCriaci 22 Mr, i Hrs. Dan Gleason 23 Ms. Carol Bell 24 Mr. i Mrs. David Markley 25 Mr. Donald Mullen 26 ' Mr. Otis Warb 27 Mr. & Hrs. Willis Anderson 28 Mr. i Mrs. William Shannon —1— EXHIaIT (to the Mobilehome Acquisition & Relocation Agreement 9/26/88) . . _ - - ------------------ -- ------------- ------ - - - - -- --------------- -------------------- - 1 _ t �1 rim' 1' -�`~' r •�`�� ''� !• // � r r ! 1 1 1 411�1 LL r / I 1 or t ! r ! , f , ' 1 �t f CONVERSION PHASE Ado B Conversion Paris Estimated ' SR NUMkM TQW CQunt Qato Qf CIO= A 15 3211--329 19 11/15 j.IOL 988 B—Optional 301--305 Optional with 316--3" 10 Phase A EWIBtT C—i {to the Mobilehome Acquisition Relocation Agreelflen , � '.♦�iti•:ti-•?\»y'::'titi A�•'!•'�`:i�r�;J�ti:♦� �l♦\�ti \'�,X� � Z{d�1��ftN :,,�}•�{:•�l:y.•::Sir�•i$':... :�;Qo.•�• �py�r ZIP � .;titi. :I• /✓:�}'':��• .•j. . •1} tl l . •tit•/.,.,�} 1 '!�_f' •�\: r. 1•r.•. / •f, /�}S ,a f :::}{:= '�:`� ••.�:?':� ,:tip::,:%:�:%;,:�� �f• ti'�?�i�,� �% ���'�P � .., :�•:•: f:::.•.•.:'•�. r,' i •titi, `;�� { tit�;�':•:;::f.'.•�I::•:•:.':•:�:;:}:•••:L••I,�:,Y:.:..,•�� y -:titi i�°:.;i.•::;:;{r:}j�:• �p�1`P •�S Q,{r►;:. •q f �r 1 4 CONVERSION PHASE D ` Conversion Park Estimated Phase Soave Numbers IQIA[ Count Date of Closure D 1�10 402--444 53 5/1993 EXHIBIT C--3 (to the Mobilehome Acquisition 5 Relocation Agreement, 9/26/88) ANWIRW �c rtie e07 J / f CONVERSION PHASE. E ..� ; Conversion Park Estimated SpN ffiwjku -ToW Cunt Die of Clouse E 20-55 256 62- 5/1 994 Emiurr C--4 (to the Mohilehome Acquisition & w ocation Agreement, 9/26/88) f � � ` • ...+ •.. •,�.-� �1�t` . '• � ".'r � M .`�• '••i• 'Iti11' ���r�••..r _mow. y .. •r .� WF3 • � * , ^ '.. �,v.�• •ter• . �. .. ,,•,.� � ,. 7 � �� �• f•� 1 •/��A+rl _ •a ti. • • �� 1• f ? 1 ••r •mow �'f •• •IT �f-0 r �� • I ISO f •• O• .. •�.. 'I . 1 :y � •`1_� r r• " � '� •ten •. 011 Of, iSc'• `ter�4• I� � . a; r• •s+ •. ..• �r ONml •� ��• f PEDESTRIAN G(ldaso91 J +O► 1i . 1 J-1_ y i J J ♦ J J C.UE'ST PARKING f eL�J13 Al1-ONK AREA �, `W4 z sb p- I ; LEGFi'JO •fSPaJ;\•�. f ,+ I t-TRASH ENCLOSURE L4ice , " '� ! *LAUNDRY FACILITIES - I • , s ' . �J� -'� *SECURITY GATE R WAS H � iove yy� 1C eS \� �7x R ace.,a v��vJ - ` r���� y�f. � ;'•,;w, � NOTE: �� • 3Q' TYPICAL ROAD * PEDESTRIAN CORRIDOR - E&EN fi 0 O irf'''��- \ 15' MINIMUM f •MINIMUM LOT SIZE 45'X75' o FLVITRAILER PARKING TO BE �- v PROVIDED IN THE IMMEDIATE • y U ICY-MILVER-LAK AREA. PARKING COMMUNITY PROGRAM LLM-raumm PLAN EXHIBIT f F^IZ •r CITY OF HLffrl4GT04 BEACH (to the Mobilehome Acquisition & Relocation Agreement, 9/26/88) - OCEA* EW ESTATES MOBILE-40ME PAOAMENITiES ' Clubhouse/recreational area including : - 2, 750 sq. ft . clubhouse to include large meeting room, Board meeting room 16 ' x 24 ' , and fully equipped 10 ' x 20 ' kitchen, rest rooms - 45 ' x 50 ' swimming pool ; spa ; barbeque - Administration Offices facing entrance to park * Picnic Area including : - 1250 square foot conference rcom - Barbeque * 15 ' minimum pedestrian corridor leading to all open space/ recreational area * 30 ' wide roads built to City standards * Provision of street landscaping for every lot to enhance neighborhood aesthetics . r Provision of guest parking at convenient locations . * All Mobilehome spaces shall be improved with driveways from street to far end of coach , minimum 65 ' r. 121 ; Awnings will be provided full width of driveway. * Provision of entry monument . * 25 ' landscape buffer along major arterial streets to minimize noise impact ; 20 ' outside (between right of way and wall ) of Mobilehome Park and 5 ' inside of wall (added to minimum lot dimensions ) ; All 25 ' to be landscaped at Agency expense not included in cost of development of Mobilehome Park; exterior 20 ' ' maintained by Agency interior 5' to be maintained by individual residents. * Car Wash# covered area for (3 ) three cars * Laundry Rooms with Washers and Dryers * Security Gates * Access to adjoining Public Golf Course, Park and Lake * RV parking (20 spaces ) off site in immediate area * Agency and Association shall meet and confer regarding additional design detail for Ocean View Estates including but not limited to surrounding public park, golf course and lake improvements. EXHIBIT F-3 (to the Mobilehome Acquisition b Relocation Agreement, 9/26/88) . ADDENDUM TO EXHIBIT F • 1 . Agency will develop the area surrounding the mobilehome park generally as shown on the Illustrative Plan Exhibit F- 1 including but not limited to the following : a ) Agency will relocate the shooting range : b ) Agency will improve the public park area ; c ) Agency will construct a nine hole public golf course ; and , d ) Agency will terrace , landscape and otherwise improve Sully-Miller Lake. 2 . Agency will do what is necessary to deal with the methane gas problem that exists on the property so that no adverse effects will exist for Ocean View Estates residents or for users of the public park and/or golf course . 3 . Agency will remove all existing buildings from the property and clean up the entire area including all concrete slabs (other than mobilehomes and pads ) prior to locating any mobilehome tenants north of the area marked "Ocean view Estates I' on Exhibit P-2 . nVl 1�.r. AV our &^ VC r­t71 Lr_nkjeS6 Ocean View Estat• I and II are , as AMined , a temporary Po Y Mobilehome Park designed to provide temporary housing assistance to displaced Tenants of mobi lehome parks in Huntington Beach that have been torn down and redeveloped . Ocean View Estates I and II have been developed pursuant to a Mobilehome Park Relocation Assistance Plan approved by the City of Huntington Beach . Ocean View Estates I and II will cease to operate twenty-five ( 25 ) years from the date Ocean View Estates II is first open for occupancy, at which time all Tenants at that location will be required to vacate . Tenancy in Ocean View Estates I and II exists pursuant to a Mobilehome Acquisition and Relocation Agreement containing certain obligations of the Tenants , their successors and assigns , and various relocation benefits , Rights to relocation benefits are limited to those specifically enunciated in the Agreement . All terms , conditions and obligations under the Agreement must be acknowledged and accepted before approval as a Tenant of Ocean View Estates I or II is obtained . Date Selling Tenant Receipt acknowledged and the terms Accepted. Date Buying Tenant EXHIBIT "G" (to the Mobilehome Acquisition A Relocation Agreement, 9/26/88) • E. Screening. All outdoor storage of materials or equip- ment shall be enclosed. or screened by walls_ , landscap- ing, or enclosure to the extent and in the manner reasonably required by the City/Agency staff and the provisions of the Development Agreement (Attachment No. 9) and other applicable provisions of the Huntington Beach Ordinance erode. F. Landscaping. Subject to paragraphs 4 and 5 of the Method of Financing (Attachment No. 5) , the Developer shall provide all landscaping and irrigation required on the Site, including the landscaping and irrigation within the public rights-of-ways on or adjacent to the Site, in accordance with the approved landscape plans. The Developer shall maintain all landscaping on the Site outside the public rights-of-way. After satisfactory installation of the landscaping and irrigation systems within the public rights-of-way on the Site in connection with the development of each Separate Development Parcel , the Agency shall accept or cause the City to accept such improvements and maintain or cause the city to maintain the same at no expense to the Developer, and the Developer shall have no further responsibility therefor. G. Utilities. Subject to paragraphs 4 and 5 of the Method of Financing (Attachment No. 5) , the Developer agrees to extend all utilities required for the development, use and maintenance of the improvements on the Site from the locations to which such utilities will be brought pursuant to Paragraph II .A. 6 (c) above to the private improvements to be located on each applicable Separate Development Parcel. All utilities on the Site shall be located underground. H. Vehicular Access . The number and location of vehicular driveways and curb breaks shall be in accordance with the approved plans. ' I . Relocation of Mobilehome Park Tenants. Prior to the Effective Date of this Agreement, the Developer has submitted to the City and Agency and the City and Agency have approved an "Impact of Conversion Report" and "Relocation Assistance Plan" for the "change of use" of the Driftwood Mobilehome Park, all in accordance with Article 927 of the Huntington Beach ordinance Code and other applicable laws and regulations. The Developer has also approved and executed the Mobilehome Acquisition and Relocation Agreement which is attached to the Relocation Assistance Plan. The Developer agrees ATTACHMENT NO. 3 Page 14 of 20 08/03/88 r ` to perform all of its obligations under the approved ! Relocation Assistance Plan and Mobilehome Acquisition and Relocation Agreement. From December 1, 1986, through the Effective 'Date of this Agreement, the Developer has incurred .costs of Two Hundred Twenty-Five Thousand Eight Hundred Ninety-Eight Dollars and Thirty-Nine Cents ($225, 898 . 39) to prepare the Impact of Conversion Report and the Relocation Assistance Plan for the Driftwood Mobilehome Park, which costs are hereby approved by the Agency. In addition to the foregoing, the Developer agrees upon the Agency's written request to loan to the Agency an amount or amounts not to exceed a cumulative total of ( i) Four Million Five Hundred Thousand Dollars ($4 , 500, 000. 00) , less the sum of (ii) the cost incurred by the :Developer pursuant to Paragraph II.A. 6 (c) above to extend the City domestic water line from .its existing terminus at Olive and Third Streets to the Site, and (iii) the amounts required to be advanced or paid by the Developer directly to third parties pursuant to the Mobilehome Acquisition and Relocation Agreement including Paragraph XIII thereof) ; provided, however, that- the Agency shall not be entitled to borrow more than Three _Million Two Hundred Fifty Thousand Dollars ($3 , 250, 000 . 00) earlier than the date that the Developer delivers the "Notice of _Phase _Closure"Aas_ that term is defined in the approved Relocation Assistance Plan to those tenants owners whose coaches must be removed in _order to accommodate the Pt�ias.e._2..;And._l?hae 3 _,ommercial , developments. The purpose of this loan shall be to assist the Agency in performing its obligations to acquire and terminate the property interests/occupancies of the tenants and mobilehome owners in the Driftwood Mobilehome Park and to relocate and remove them from the Site, pursuant to Paragraph III. 0 below, the approved Relocation Assistance Plan referenced therein, and the Mobilehome Acquisition and Relocation Agreement. The Developer shall advance the requested amount or amounts, up to the maximum amounts specified above, within sixty (60) days after receipt of each Agency request for funds. The Agency shall deposit any such.- funds advanced by the Developer into a special fund, with the principal and interest earned on the. fund to be used exclusively for the purposes authorized herein. Upon the Developer's request, the Agency agrees to account to the Developer for the expenditure of all amounts advanced by the Developer pursuant to this Paragraph II . I . ATTACHMENT NO. 3 Page 15 of 20 08/03/88 The ._Develop r shall have the _ right, but not the obligation, to expend funds in excess of the maximum loan amount referenced in the preceding paragraph or to advance such additional funds to the Agency to relocate tenants_f rnm_the Dr i�.S oa lehome Rarl mar; Pr than thg tiMe required ia a "Notice of Phase Closure" delivered pursuant to the approved Relocation Assistance Plan. In such event, the additional optional expenditure or advance by the Dey-c 11&Jl-JDjeL treated as a ' loan to the Agency to be repaid without _interest within _thirty 30) the date on which_the Agency would _otherwise have been required to relocate such tenant _pursuant to the Mobilehome Acquisition and j Relocat_ion _Agreement_ (assuming. that the tenant is' a ■ signatory to said Agreement regardless. of whether such i� bhe case) : _ _.. . During the course of development of the Site , but not more frequently than quarterly, the Developer shall submit to the Agency- s Executive Director an itemized statement, with such supporting information as the Executive Director may reasonably require, documenting the Developer's costs incurred for performing the following obligations hereunder and under the approved Relocation Assistance Plan and the Mobilehome Acquisition and Relocation Agreement, as the same may be amended from time to time: (i) the costs, including attorney's fees and expert witness fees, incurred in defense of any litigation filed which seeks damages, injunctive relief, or any other remedies against the iy City, Agency, or Developer arising out of the processing, approval , and/or implementation of the "change of use" of the Driftwood Mobilehome Park, and actions to be taken pursuant thereto, all as set forth in Section 707 of this Agreement; ( ii) the costs, including att.orney's fees, incurred in prosecuting any . unlawful detainer actions and related proceedings required to be pursued to terminate the occupancies and remove any tenants of the Driftwood Mobilehome Park . who fail or refuse to relocate from the Premises within the time specified in the Developer's "Notice of Phase Closure" (as that term is defined in the approved Relocation Assistance Plan) ; ( iii) the sum of any purchase or rental discounts which the Developer provides to eligible tenants of the Driftwood Mobilehome Park pursuant to Paragraph VIII . H of the Mobilehome Acquisition and Relocation Agreement; and ( iv) all other costs reasonably incurred by the_Developer under the Mobilehome Acquisition and ^ Relocation Agreement, including without limitation paragraph X1II thereof . The Executive Director shall approve or disapprove such ATTACHMENT NO. 3 Page 15 of 20 08/03/88 statements within thirty (30) days, and thereafter the approved cost figures shall be used for purposes of determining the Agency's reimbursement obligations under the Method of Financing (Attachment No. 5) . Approval shall not be unreasonably withheld. Failure to approve or disapprove any such statement within thirty (30) days shall be conclusively deemed an approval thereof. Any disapproval shall be in writing and shall either state those portions of the Developer's costs that have been approved and disapproved or the additional information that the Developer must submit to obtain an approval . In the event that the Agency and Developer are unable to agree upon the Developer' s costs for any of the foregoing items, either party may, by written notice to the other, elect to have the dispute resolved by arbitration, in which event the arbitrator(s) shall be selected, and the arbitration shall be conducted, in accordance with Section 611 of this Agreement. Except as specifically set forth hereinabove with respect to optional advances by the Developer to effectuate earlier-than-required removal of tenants from the Driftwood Mobilehome. Park, the Developer's costs incurred pursuant to this Paragraph II . I shall be reimbursed by the Agency in accordance with paragraph 5 of the Method of Financing (Attachment No. 5) . Except as specifically set forth or referenced in this Paragraph II . I , the Developer shall have no obligations with respect to the "change of use" of the Driftwood Mobilehome Park or compensating mobilehome tenants or owners to be relocated therefrom, and the Developer shall have no obligation for construction or provision of any affordable housing on or off of the Site, all such obligations being assumed by the Agency pursuant to Paragraph III .0 below. J . Liquor Licenses. The Agency recognizes that the hotels and restaurants to be developed in the Commercial Portion of the Site will require liquor licenses from the California Department of Alcohol and Beverage Control ("ABC") . Sale of liquor for on-premises consumption in connection with such uses is in conformity with the Downtown Specific Plan and other local land use regulations and requirements of the City and Agency. The Agency agrees not to oppose, object to, or otherwise provide negative comment upon the Developer's application to ABC for a liquor license or i licenses in connection with such uses . I ATTACHMENT No. 3 Page 17 of 20 O8/03/88 , 41 -`G C c'- —rt1�i:�—C REQUEST FOR CITY COUNCIUREDEVELOPMENT AGENCY `��/�j ACTION Date: J U N E 6,_1994 Submitted to: CHAIRPERSON AND MEMBERS OF THE REDEVELOPMENT AGENCY; MAYOR AND MEMBERS OF THE CITY COUNCIL Submitted by: GAIL HUTTON, Agency Counsel APPROVED dED BY CITY COUiCii. Prepared by: SAIL HUTTON, Agency Counsel g5/ 19 Subject: JULIE FORD SETTLEMENT AGREEMEN % .� c- c1. Consistent with Council Policy? [X I Yes [ ] New Policy or Exception QFOV Statement of Issue Recommendation Analysis, Funding Source Alternative Actions Attachments Statement of Issue: Whether to approve a settlement agreement in the amount of$68,000 in the Julie Ford matter. Recommendation: (1) Approval of the attached agreement and authorization for the Executive Director to execute on behalf of the Agency and City; (2) Appropriate sufficient funds to pay purchase price and close escrow. Analysis: In closed session on May 2, 1994, the Redevelopment Agency authorized settlement of the above captioned matter by payment of$68,000 in exchange for tenant's right, title and interest to the mobile home located at Ocean View Estates 1. Julie Ford will waive any and all claims against the Agency and City and the Agency and City will waive its claims for "debits and credits" owed the City/Agency. Funding Source: Redevelopment Agency Account # TM-ED-801-3-9600 Altemative Actions: Do not approve settlement and face possible litigation. Attachments- Settlement Agreement between Julie Ford and the Redevelopment Agency of the City of Huntington Beach 1 OFFICE OF CITY ATTORNEY 4 tier 2000 MAIN STREET HUNTINGTON BEACH CALIFORNIA 9264% GAIL HUTTON TELEvr1oN6 City Attorney VIA FAX AND U.S. MAIL FAA 7U May 25, 1994 John Vozenilek, Esq. 21062 Brookhurst, Suite 202 Huntington Beach, CA 92646 Re: JULIE FORD Matter Dear John: This will confirm my recent telephone conversation with you concerning the above captioned matter. I advised you that the CounciVAgency members had authorized the purchase price of$68,000 for your client's mobile home located at Ocean View Estates in full settlement of our respective claims. l also advised you that due to our Charter requirements, it would be necessary to prepare a contract outlining the terms and conditions of our settlement agreement. Such contract will then be presented on the consent calendar at the next meeting. Unfortunately, the deadline for the meeting of May 16, 1994, was April 29th, which is the week prior to the closed session in which they authorized settlement. The next available meeting is June 6th and the meadline is May 25th. Accordingly, enclosed is a draft of the agreement that I believe covers our deal points. Kindly review and let me know what your comments are at your earliest convenience. Meanwhile, I'll submit the draft agreement to meet the deadline, with the understanding that it is subject to some modification and the addition of the escrow iinstructions. Your cooperation is appreciated. Very truly yours, (Dictated but not read) ARTHUR DELALOZA Deputy City Attorney P.S. I'm on "jury duty" and apologize for the delay. �tCnJk10r�5�4 SETTLEMENT AGREEMENT AND MUTUAL RELEASE OF CLAIMS This Settlement Agreement and Mutual Release of Claims (the"Release") is entered into by and between JULIE C. FORD ("FORD")for herself-and for any and all of her heirs, executors, agents, administrators, attorneys, assigns,-spouses, successors and representatives on the one hand, and the CITY OF HUNTINGTON BEACH AND ITS REDEVELOPMENT AGENCY (including any and all of their respective, common and/or affiliated officers, agents, attomeys, successors, assigns, employees, servants or representatives) on the other hand (collectively the "CITY"). RECITALS 1. This Release is made as a good faith compromise between the parties for the complete and final settlement of their claims and differences described below. 2. A. FORD was a tenant at Pacific Trailer Park at the time the City/Agency extended certain Acquisition and Relocation Agreement ("ARA") benefits to Pacific Trailer Park residents who were displaced due to the Waterfront Hilton Hotel project. B. The Agency purchased a new mobile home for FORD and relocated her to Ocean View Estates I as a�consequence thereof. C. FORD wishes to sell her mobile home to the Agency at the "agreed value" as that term is defined in the "ARA", and claims the Agency must purchase such home at the agreed value. D. The Agency claims that FORD is indebted to the Agency because of certain "upgrades" received by FORD when the new mobile home was delivered at Ocean View Estates I ("OVE I"). 3. The parties wish to avoid the risk and expense of litigation and to reach a full and final compromise of all claims mentioned above relating to FORD and the CITY TERMS OF SETTLEMENT In consideration of the mutual covenants set forth herein, the parties agree as follows-. A. Payment to Ford. 1 5n«asetvo5n5J94 Within sixty (60) days of the execution of this Settlement and Release, the CITY will pay to FORD the sum of $68,000, constituting full payment for any and all claims made or to be made by FORD against the CITY and as full payment for the sale of FORD's new mobile home to the CITY. B. Escrow. 1. Opening of Escrow. If not already opened upon execution of this Settlement and Release, within ten (10) days thereafter the parties will open an escrow with any acceptable escrow company for the purpose of (1) transferring title in FORD's original Pacific Trailer Park mobile home to CITY's named transferee, (2) payment in full of all existing encumbrances thereon from the $68,000 purchase price hereinabove mentioned, and (3) transferring all FORD's right, title and interest in the mobile home FORD presently lives in to CITY. FORD agrees to participate in good faith in closing this escrow as quickly as possible. The CITY agrees to bear all costs of escrow and both parties agree to execute the escrow instructions attached hereto as Exhibit "A". 2. Underlying Indebtedness on the Old Mobile Home To Be Paid. FORD agrees that it is solely her duty to contact the holder of any secured interest in her old Pacific Trailer Park coach and arrange a payoff and release of collateral. 3. Title Documents. Within thirty (30) days of the execution of this Settlement and Release, Ford will deliver to escrow any and all documents required in order to grant title to the mobile home she lives in now at OVE I to the CITY. The title documents must be properly executed to release her interest in the coach. C. Repairs. FORD agrees that any repairs to her new coach at Ocean View Estates I that were required to be done by the CITY have been completed, or settled by way of payment by the CITY to FORD and no other claims presently exist against the CITY. D. Mutual Releases. Except for the obligations and rights conferred by this Settlement and Release, the parties hereby release each other from any and all claims, demands, 2 Sfimd"—V05125t'34 i costs, liabilities, damages and causes of action of every nature, whether in law or in equity, known or unknown or suspected or unsuspected, which in any way arise out of, relate to or are connected with the ARA or the acquisition of FORD's mobile home at OVE 1. Each party also expressly waives and relinquishes any and all sights against the other which they may have under Civil Code § 1542, which provides: "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR EXPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THIS RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR." E. Prior Agreements Null and Void. Except as otherwise expressly stated herein, this Settlement and Release supersedes and renders null and void any and all prior agreements, whether oral or written, between the parties concerning the issues mentioned herein. Moreover, this Settlement and Release shall constitute the only valid, binding and enforceable agreement between them with respect to the matters described herein. This Settlement and Release shall not be extended, modified, altered or otherwise changed except in a writing executed by all parties hereto, which expressly states that it is an amendment of this Settlement and Release. F. No Admission of Liability. This Settlement and Release is a compromise and settlement of disputed claims and is not intended as, and shall not constitute or be construed as, an admission of the truth or accuracy of any allegations by or against the CITY. G. Representation of Comprehension of Documents. In entering into this Settlement and Release, the parties represent that they have relied on the legal advice of their attorneys, who are the attorneys of their choice, and that the terms of this Settlement and Release have been completely read and explained to them by their respective attorneys, and that those terms are fully understood and voluntarily accepted by the parties. H. Governing Law. 3 sn«cs,Mvbsrz:�a The laws of the State of California shall govern this Settlement and Release in all respects, including but not limited to, matters of construction, validity, enforcement and interpretation. I. Successors in Interest. This Settlement and Release shall be binding upon, and inure to the benefit of, the parties and their respective successors, heirs and/or assigns, as applicable. I Non-Assignment. The parties represent and warrant that there has been no assignment or other transfer of any claim, action, demand, right or cause of action, or any other interest which they may have, or may have had, at any time whatsoever against each other. K Authority to Execute Agreement. The parties represent and warrant that each person whose signature appears below has been duly authorized and has full authority to execute this Agreement on behalf of the entity for whom such signature is indicated. Further, FORD agrees that Michael T. Uberuaga, City Administrator, may execute this Settlement and Release on behalf of the Redevelopment Agency of the City of Huntington Beach. L. Number of Pages. This Settlement and Release consists of five (5) pages, including signature pages. 4 crt«dsed'OWsrsa The undersigned have read this Settlement and Release and fully understand its terms: Dated: JULIE C. FORD Dated: THE CITY OF HUNTINGTON BEACH and THE REDEVELOPMENT AGENCY of THE CITY OF HUNTINGTON BEACH By: MICHAEL T. UBERUAGA City Administrator APPROVED AS TO FORM: Dated: THE LAW OFFICES OF JOHN VOZENILEK By: _ JOH N VOZEN ILEK Attorney for JULIE C. FORD Dated: CITY OF HUNTINGTON BEACH City Attorneys Office By: WHUTTON ttomey y 5 SKOM 1U0512S19A CITY OF HUNTINGTON BEACH INTER-DEPARTMENT COMMUNICATION muNWoCTON KACH 6gPoo CONFIDENTIALstela-.. - To: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL/REDEVELOPMENT AGENCY From: GAIL HUTTON, City Attorney Date: April 20, 1994 Subject: REQUEST FOR SETTLEMENT AUTHORITY AND APPROPRIATION OF FUNDS -JULIE FORD MATTER BACKGROUND: In 1988 the Council/Agency approved an Acquisition and Relocation Agreement ("ARA") with the Driftwood Mobile Homeowners Association. Such agreement promised that the Agency would, among other things, buy new "comparable" mobile homes for certain tenants who relocated to Ocean View Estates I COVE l"). The "ARA" also provided that if tenants wanted "upgrades", the tenants would pay for such "upgrades". Additionally, the "ARA" promised to guarantee a certain "agreed value" of new and old coaches so that the tenant could sell to the Agency for the guaranteed value if the tenant could not sell on the open market. In 1989 the Agency granted similar benefits to certain tenants from Pacific Trailer Park (see attached action of March 30, 1989). After the tenants relocated to OVE I, the Driftwood tenants claimed that the Agency owed them money because the new homes purchased were not"comparable". Their attorney, Mr. Thomas Wells, has claimed the amount we owe is about$20,000 to $40,000. The City Attorney's office requested an audit to establish a defense and found that, in fact, the tenants had received more than $100,000 in "upgrades"for which no payment was made by the tenants. The cross-claims of the city and tenants are referred to as "debits and credits". The parties agreed to an arbitration of the "debits and credits" and such arbitration was started last year and ultimately led to settlement discussions which are still in process. (Mr. Wells unfortunately suffered a heart attack and is now recovering.) u /201964 Mayor and Council/Agency -Settlement Authority April 19, 1994, Page 2 Julie Forms Claim: Julie Ford, a former Pacific Trailer Park resident wants to invoke the 1989 grant of benefits by the City Council/Agency (attached) to force us to buy her coach. During our audit, she was found to have owed approximately $10,000 for upgrades. After advising her attorney, Mr. John Vozenilek, he stated that Ms. Ford wished to sell her new coach to the Agency under the guaranteed "agreed value" concept without credit for the upgrades. He also threatened litigation. The agreed value under the "ARA" increases each year and would be $77,500 if it is found that the "ARA" applies to Pacific Trailer Park residents in all respects. There is a 50% chance that it will apply in all respects. If the "ARA"does not apply in all respects, the agreed value would be $70,702. We therefore offered to buy at$65,500, subject to your approval, which resulted from the following calculations: Agreectvalue $70,5001 $77,7023 OR 50% of$10,000 5,000 5,000 "upgrades"2 $65,500 $77,702 The City Administrator has authorized up to $70,500 to settle this matter. Mr. Vozenilek has counter-offered at $68,000. RMmmendation: Authorize 8 000 to buy mobile home, bring back settlement o ev-u agreement on regular agenda to appropriate fun s. ��� . ;1�?ak� c6-CA GAIL HUTTON City Attorney c: Michael Uberuaga Barbara Kaiser, Director of Economic Development Agreed value is most conservative value and resolving all inferences and evidence in our favor. 2The upgrades were discounted because, when they were "authorized" by Redevelopment staff, the tenants were not advised that the tenant would be required to pay. 311ighest possible agreed value if entire "ARA" is deemed to apply to Pacific Trailer Park residents. s�semr�oarzol9a REQUEST_FC_ REDEVELOPMENTOGENCY ACTION APPROVED BY CITY COUNCI-- ,� f`7 RH 89-27 19�.. Z .7 - DateMaFGh cr n c 1999 , CITY CLERK J Submitted to: Honorable Chairman and Redevelopment Agency Members Submitted by: Paul Cook, Executive Director Y.0 • J' ` Prepared by: Douglas La Belle, Deputy City Administrator/Economic Development Subject: RELOCATION BENEFITS FOR PACIFIC TRAILER PARK RESIDENTS DISPLACED BY THE EXTENSION OF WALNUT AVENUE Consistent with Council Policy? I I Yes ( I New Policy or Exception Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: STATEMENT OF ISSUE: The residents of Pacific Trailer Park who will be displaced by the extension of Walnut Avenue have previously been extended the option to relocate to Ocean View Estates Mobilehome Park. This communication proposes to extend associated benefits provided to Driftwood Phase I mobilehome park residents who choose to relocate to Ocean View Estates. RECOMMENDATION: Approve additional relocation benefits for Pacific Trailer Park residents. ANALYSIS: On August 15, 1988, an Acquisition and Relocation Agreement was approved for the Driftwood Mobilehome Park residents displaced as a result of the Waterfront project. An option extended to these residents pursuant to the Relocation Agreement, includes relocation to a mobilehome park to be constructed by the city. Associated benefits for the first phase residents choosing this option included purchase of a new coach if the existing mobilehome is nineteen years or older, abatement of rent for two years, reimbursement for moving costs, and a guarantee of the agree agreea value trans erred to Ocean View Estates Jif the coach owner is unable to sell the coach or the agreed value on !he open market, t e Agency will fund the i erence . Although homeowners at Pacific Trailer Park are being displaced under different conditions (the extension of Walnut Avenue, as opposed to the conversion of a mobilehome park), and therefore covered by state relocation guidelines, residents from both parks are being affected by the Waterfront project and subsequently are requesting comparable benefits. The option to relocate to Ocean View Estates will be offered as an alternative to a buyout at in-place value. Cost to the Agency for either of these relocation options is comparable. i Pl nl1/RS JOHN VOZF.NII-EK ATTORNEY AT I.AW 21082 BROOKHURST OCT LF lu sl Ah `33 SUITE80i; If UNTINGTON DRACII.CA 9264A i:t EIVE0 CITY tTTQRNEY 714 B8S1418 CITY OF i�11NTltt,".? _y g€4C14 FAX Na(71419es108S October 21, 1993 STEPHEN M. MCNAMARA ART DELALOZA 19100 Von Karman CITY OF HUNTINGTON BEACH Suite 800 P.O. Box 190 Irvine, CA 92715 Huntington Beach, CA 92648 RE: Julie Ford - Redevelopment Mobile Home relocation. Gentlemen; In my last phone conversation with Mr. McNamara, he indicated that the City may have some interest in the "buy out" proposal contained our most .recent letter to him. He indicated that the City required a formal, written offer of such proposal. After discussing this matter with my Client, I was authorized to make the following proposal. My Client will turn possession of the new coach she is presently occupying over to the City of Huntington Beach, upon payment of $70,500.00 which is the appraised value of her old coach. In my discussion with Mr. McNamara, he told me that for the City to agree to this arrangement, Ms. Ford will have to market the new coach for 90 days. There is one major problem with this request, i.e. Ms. Ford does not have title to the coach and I am certain that no real estate broker will want to take a listing from Ms. Ford on a coach that she does not own. Any potential Buyer will have to approve of the around lease which does not exist. If the City accepts my Client's proposal in principal, I will ask for guidance on the type of marketing necessary to meet the City's requirement. In closing, I am again repeating the request that my office be provided with a complete list of "upgrades_'_f .�..._._ which_ the City is cl iming—reYmbursement from Ms. Ford, along with all docu entat3ori'sho�►�ng that the City is either -- ------. entitled to reimbursement from her or that she agreed to same. If the City agrees to the buy-out proposal in this letter, the question of "upgrades" will obviously become irrelevant. -1- Please notify me at your earliest convenience, whether or not the City is going to accept this proposal and if so, what the time frame will be for completion of same. My Client is very frustrated by her dealings with the City and has instructed me to proceed with litigation based on the Settlement Agreement if we are not able to reach agreement in the immediate future. cerly, ,r JO VOZENILEK JV/sb s -2- FO CITY OF HUNTINGTON BEACH INTER-DEPARTMENT COMMUNICATION HUNTINGTON 8EACH jyr �y CONFIDENTIAL To: MICHAEL UBERUAGA, City Administrator GALL HUTTON, City Attorney BARBARA KAISER, Director of Economic Development From: ARTHUR DELALOZA, Deputy City Attorney Date: April 5, 1994 Subject: JULIE FORD MALONEY PROPOSED SETTLEMENT Julie Ford moved from Pacific Trailer Park to O.V.E. 1 to make way for the Hilton development. On March 20, 1989, the Agency expressly approved additional relocation benefits for Pacific Trailer Park residents including, "a guarantee of the agreed value transferred to Ocean View Estates (if the coach owner is unable to sell the coach for the agreed value on the open market, the Agency will fund the difference.)" The original agreed value for the subject coach was $70,500. We contend that Ms. Ford owes the Agency $10,000 for "upgrades". However, such upgrades were never the subject of an invoice or a demand to payl• The records reflect that redevelopment officials had "approved" the upgrades and-it is questionable whether a court would require the tenant to pay for such upgrades since the tenant was not invoiced nor told who would pay the added expense. 1The Ford Maloney upgrades only materialized on August 9, 1993 as part of an attempt to defend the "debit & credit" problems as to Driftwood tenants who were represented by Tom Wells! Such Driftwood upgrades were reported to you as being in excess of$100.000 and are still being arbitrated/settled with Mr. Wells, who recently had a heart attack and is recovering. JULIE FORD MALONEY PROPOSED SETTLEMENT 04105194Page 2 1 learned from Carol Runzel that Mr. Uberuaga was willing to reduce the "agreed value" in similar situations involving the Driftwood debits and credits. I advised Julie Ford's attorney, John Vozenilek, that we may be willing to settle the dispute on that basis. Please note thafthe "agreed value" under the Acquisition and Relocation Agreement had an escalator clause which coincidentally increased the value by about $10,000. Thus, _the escalator clause applies to Pacific Trailer Park residents, Ms. Ford's coach would now have an agreed value of$80,500. If we reduce such "agreed value" by our $10,000 claim as suggested by Mr. Uberuaga, then we may have the basis for a settlement. Meanwhile, Mr. Vozenilek has taken the position that the agreed value is $70,500 but wants us to waive our$10,000 claim. His client has put the coach on the market for $70,500 per the terms of our "buy out" commitment under the Acquisition and Relocation Agreement and hopes to force us to buy either directly from his client or make up the difference if sold to a third party. There are two problems with his approach: 1) The Agency action cited above only requires the Agency to "fund the difference" if the owner can't sell for"agreed value on the open market". ($70,500?) 2) As a practical matter, the coach is not marketable because the titles were not tendered by Performance Mobile Homes due to bankruptcy of Mr. Feeney; and, there is no long term lease to buy into.2 2The title problem is being handled by way of a statement of facts and/or bonds and the lease problem is being resolved with Tom Wells through negotiations. ' JULIE FORD MALONEY PROPOSED SETTLEMENT • 04/05194Page 3 The agreement to buy at $70,500 would probably not require Agency action since the March 20, 1989 Agency action seems to approve of the "guarantee". The waiver of the $10,000 claim by the City is probably within the City Administrators authority to settle City claims. RECOMMENDATION: Offer to buy out at $65,500. ALTERNATIVE: Tenant could sell for $1,000 to get City to "fund the difference" of guaranteed agreed value. I request a meeting on this matter this week, if possible, and will ask Ms. Hutton's secretary to clear with your respective offices. ARTHUR DELALOZA Deputy City Attorney '• I- F "le CITY OF HUNTINGTON BEACH INTER-DEPARTMENT COMMUNICATION MUN71Nc70N MACH To: BARBARA KAISER, Director of Economic Development From: GAIL HUTTON, City Attorney Date: April 29, 1994 Subject: JULIE FORD MATTER This is in response to your questions of April 26, 1994: 1. Does buyout at agreed value for OVE I apply to life estate tenants? Is Julie Ford a life estate tenant? ANSWER: A so-called "life estate tenant" Is one of the original twelve tenants relocated to OVE I from a park other than Pacific Trailer Park or Driftwood. The buyout at agreed value is found in the Acquisition and Relocation Agreement(ARA) with Driftwood and some aspects of the ARA were purportedly granted to Pacific Trailer Park residents. We have located no documents which extend the buyout provisions to so-called "life estate tenants" as defined above. If you are aware of any evidence on that issue, please forward to us immediately. 2. (A) Is Julie Ford an original tenant of OVE I? ANSWER: "Ford/Maloney" appears to be the name on the original certificate of origin by the manufacturer. All the records supplied by your office indicate that Julie Ford is the same Ford/Maloney on the original documents. Thus, the answer is yes. If you know of any information to the contrary, please advise. 51adurr,QnxAord2104rze154 Julie Ford - 4129/94 - 2 (B) Does buyout at agreed,value apply to future tenants at OVE I, such as beneficiaries? ANSWER: The ARA extends to "heirs", see page 34, XVI(D) which provides: "Successors and Assigns. The covenants and conditions herein contained apply to a-nd bind the heirs, successors, executors, administrators and assigns of the parties hereto." (C) When does obligation to buyout at agreed value cease? ANSWER: The agreement states at page 31 that certain rights begin "after the second year following occupancy." There is no termination date in that section of the agreement 3. Has Julie Ford provided evidence to us that she marketed her coach on the open market for 90 days, as required by the ("ARA") agreement? ANSWER: No 90-day provision has expressly been provided to Ms. Ford since she was a Pacific Trailer Park relocatee. Such 90-day provision works to our detriment, however, because we have a duty to pay the difference, for example, if sold for$10,000. Moreover, since we have no lease agreement in place and no titles have yet been transferred, the obligation to attempt to sell for 90 days would probably be viewed by a court, as unnecessary. "The Court does not require the doing of a useless act." No third party would purchase where title cannot pass --except at fire sale price. Nevertheless, attorney Vozenelic has represented and would probably produce a declaration, under penalty of perjury, that the home was on the market for 90 days. He states he has a picture. 4. Who [sic] are we buying the coach from if Julie Ford does not have title? ANSWER: Julie Ford, as a relocatee from Pacific Trailer Park, was given possession of a new coach by the Redevelopment Agency in 1989 and a promise of title. 513euff*KrXAOra204n3r34 Julie Ford - 4/29/94 - Page 3 We have not yet provided title because the broker failed to issue a "Dealer Report of Sale" and "went out of business" according to state authorities. We are working with Tiffany Escrow and Sharon Dumont of State of California Department of Housing to secure titles. Meanwhile, Ms. Ford probably has a legitimate claim in her demand that we supply her with a title and buy the coach for $77,000+ in light of the attached report from your office. .The $68,000 accomplishes five things. 1) Eliminates a potential winning plaintiff at $77,000 and attorney's fees,. for a forced buy out; 2 Reimburses the Agency for Ms. Ford's upgrades. We view the Agency claim as compromised, since we never billed Ms. Ford between 1989 and 1993 and "there is no written evidence that the tenant had knowledge that the replacement mobile home was $9,195 over their replacement allotment . . . " (see Carol Runzel memo of August 9, 1993, attached); 3) Does not set a legal precedent, which could prejudice the Agency, on the exact nature of the "buy out" requirement granted to Pacific Trailer Park residents; 4) Avoids sale of the coach on the 'open market" for a mere token, forcing the Agency to pay the difference, for which the Agency receives nothing; and 5) The Agency will get possession of the coach and title when it is granted by the state. ` GAIL HUTTON City Attomey c: Michael Uberuaga, City Administrator 51ad Umemonord2lUnR 9M4 REQUEST FOR CITY COUNCIL/ REDEVELOPMENT AGENCY ACTION Date: August 1, 1994 Submitted to: `Redevelopment Agency Chairperson and Board Members Sudmitted by: T GAIL HUTTON, City Attorney Prepared by: XGAIL HUTTON, City Attorney Subject: JONES vs. REDEVELOPMENT AGENCY O.C.S.C. Case No. 62 30 62 COURT SUPERVISED DEBITS & CREDITS SETTLEMENT AGREEMENT WITH OVE I MOBILE HOME TENANTS Consistent with Council Policy? (X) Yes [ ] New Policy or Exception Statement of Issue_ Recommendation, Analysis_ Funding Source, Alterntalive Actions.Attachments l� Statement of Issue: Whether to approve settlement agreement with Ocean View I tenants. Agency claims monies are owed by tenants; tenants have made claims against Agency alleging defective homes. Recommendation: Approve Settlement Agreement. Analysis: This Agreement was previously approved in closed session and is a matter of record with the court. Involved are credits and payments in the sum of Sixty Thousand Dollars ($60,000) to the Agency from the tenants and no costs to the Agency. Funding Source: NIA Alternative Actions: Breach Settlement Agreement and face lawsuit. Attachments: Settlement Agreement SETTLEMENT AGREEMENT AND MUTUAL RELEASE OF CLAIMS This Settlement Agreement and Mutual Release of Claims (the "Release") is entered into by and between HAROLD T. JONES and all other plaintiffs listed on Exhibit "A" attached hereto and incorporated herein by this reference ("PLAINTIFFS") for themselves and for any and all of their heirs, executors, agents, administrators, attorneys, assigns, spouses, successors and representatives on the one hand, and the CITY OF HUNTINGTON BEACH AND ITS REDEVELOPMENT AGENCY (including any and all of their respective, common and/or affiliated officers, agents, attorneys, successors, assigns, employees, servants or representatives) on the other hand (collectively the "CITY"). RECITALS 1. This Release is made as a good faith compromise between the parties for the complete and final settlement of their claims and differences described below. 2. A. PLAINTIFFS were tenants at Driftwood Mobile Home Park at the time the City/Agency extended certain Acquisition and Relocation Agreement ("ARA") benefits to such residents who were displaced due to the Waterfront Hilton project. B. The Agency purchased new mobile homes for plaintiffs and relocated them to Ocean View Estates I as a consequence thereof. C. The Agency claims that PLAINTIFFS are indebted to the Agency because of certain "upgrades" received by PLAINTIFFS when the new mobile homes were delivered at Ocean View Estates I ("OVE 1"). D. PLAINTIFFS claim that the Agency is indebted to them because the homes were not comparable to their old homes. All PLAINTIFFS' claims are listed in Exhibit "A" previously mentioned hereinabove. E. The parties have previously settled a separate dispute involving the issue of entitlements regarding "wheels and axles" which agreement shall not be disturbed by this Settlement and Mutual Release. • 1 4F 5rones settlement agreemenV7/20/94 V 3. The parties wish to avoid the risk and expense of litigation and to reach a full and final compromise of all claims mentioned above relating to PLAINTIFFS and the CITY. TERMS OF SETTLEMENT In consideration of the mutual covenants set forth herein, the parties agree as follows: A. Payment and Credits by PLAINTIFFS Within sixty (60) days of the execution of this Settlement and Release, the PLAINTIFFS will pay to CITY cash in the sum of Eight Thousand Six Hundred and Six Dollars ($8,606) and give credits [Fifty-one Thousand, Three Hundred Ninety-Four ($51,394)] in the total sum of$60,000, constituting full payment and credit for any and all claims made or to be made by PLAINTIFFS against the CITY and CITY against PLAINTIFFS, all as more particularly set forth in Exhibit "B", a copy of which is attached hereto and incorporated herein by this reference. B. Opening of Escrow If not already opened upon execution of this Settlement and Release, within thirty (30) days thereafter the parties will open an escrow with any acceptable escrow company for the purpose of completing the transfer of any ownership interest still retained by the PLAINTIFFS in their old coaches and at no additional expense to the PLAINTIFFS transfer to the PLAINTIFFS title to the new coaches based on the ARA and other applicable agreements between the parties. C. Mutual Releases Except for the obligations and rights conferred by this Settlement and Release, the parties hereby release each other from any and all claims, demands, costs, liabilities, damages and causes of action of every nature, whether in law or in equity, known or unknown or suspected or unsuspected, which in any way arise out of, relate to or are connected with debits and credits issues between the parties relating to the ARA. Each party also expressly waives and relinquishes any and all rights against the other which they may have under Civil Code § 1542, which provides: 2 5liones settlement agreementf7f20194 �/ °A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR EXPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THIS RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. D. Prior A reements Null and Void This Settlement and Release does not change any of the parties rights as stated in the "ARA" except as to matters expressly stated herein. This Settlement and Release supersedes and renders null and void any and all prior agreements, whether oral or written, between the parties concerning the issues mentioned herein. Moreover, this Settlement and Release shall constitute the only valid, binding and enforceable agreement between them with respect to the matters described herein. E. Modifications This Settlement and Release shall not be extended, modified, altered or otherwise changed except in a writing executed by all parties hereto, which expressly states that it is an amendment of this Settlement and Release. F. No Admission of Liability This Settlement and Release is a compromise and settlement of disputed claims and is not intended as, and shall not constitute or be construed as, an admission of the truth or accuracy of any allegations by or against the CITY. G. Representation of Comprehension of Documents In entering into this Settlement and Release, the parties represent that they have relied on the legal advice of their attorneys, who are the attorneys of their choice, and that the terms of this Settlement and Release have been completely read and explained to them by their respective attorneys, and that those terms are fully understood and voluntarily accepted by the parties. .a • 3 51jones settlement egreement/720194 • H. Goveming Law The laws of the State of California shall govern this Settlement and Release in all respects, including but not limited to, matters of construction, validity, enforcement and interpretation. I. Successors in Interest This Settlement and Release shall be binding upon, and inure to the benefit of, the parties and their respective successors, heirs and/or assigns, as applicable. J. Non-Assignment The parties represent and warrant that there has been no assignment or other transfer of any claim, action, demand, right or cause of action, or any other interest which they may have, or may have had, at any time whatsoever against each other. K. Authority to Execute Agreement The parties represent and warrant that each person whose signature appears below has been duly authorized and has full authority to execute this Agreement on behalf of the entity for whom such signature is indicated. Further, PLAINTIFFS agree that Michael T. Uberuaga, City Administrator, may execute this Settlement and Release on behalf of the Redevelopment Agency of the City of Huntington Beach. L. Number of Pages i This Settlement and Release consists of eight (8) pages, including signature pages. 4 5/Jones settlement agreement/7/20/94 1 The undersigned have read this Settlement and Release and fully understand its terms: Dated: THE CITY OF HUNTINGTON BEACH and THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH By: Michael T. Uberuaga City Administrator Dated: 7 Z fl—1¢ CITY OF HUNTINGTON BEACH City Attomey's Office By: Gail Hutton D� 7 ?-a _ f 7%Zd-f/City Attomey 'NOTE: Signature page of PLAINTIFFS to be supplied by PLAINTIFFS' attomey fA v1 5 51}ones settlement agreement/N20194 ,-_GNATURE PAGE OF PLAINTIFF, N E SPACE STAN 7 CLAUDE, EVELYN 36 GADDIS, INGRID 30 HENDRIX, TED & B4TY 22 FALKENSTEIN, PATRJCIA 40 KROESCH, MAZIE 41 CARLIN, PHIL 3 MARINOVICH, MARY 18 STIPE, MARGE 28 FADER, MR. & MRS. , 43 SHELTON, MARY 1 29 JONES, HAROLD & N4 44; DT"'mRICK, KOLISHNiCK SlriuN, PAT 38 BROOKS, GRACE 34 DELLSITE, JOHN & 35 ^.ARaL� FRANKE, WM 33 APPROVED ,AS �Q FORM tftOXKSWELLS, ESQ 07-�n-44 02 5,uPM Fu5 EXHIBITS K AND "B" TO FOLLOW s 5/hones settlement agreement/7/20/94