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J I 1. ."; � , , - ., '', . - ' .--",Ti-',-i:,i�",.'�l'-',"*--, : -, .� ''. � 1...""L:" ll" ., . . t�_ j, *_ _� - f ..''. ; ., ,� r.,_!.`�,'.(,?_ I.El . ":, , �11-. P ''r,", ­ '­ I ,1.1� I. I - Ul'!i.t,�,� jl�­. � ,(N,1 , 1x; , .. DEVELOPMENT '! - "' " 1; , II I'lill" - 1, ­ I.: t " . - It . ) Af ,.: 1"I­,;�­4,.*,.�­ �� -, I, REQUE"'T Fo" . -NCY ACTION . � 1, A k, - . .1.1 1-11. . S , CTION , , Ax:�',.",11 ...'�,."� 1;6Ie­_ I , Ei 11 I - i � � --,.t,, I I I q -_ .; � i I. I� .i­1F;n -,.r-",-" 1._­'12, 7'­1,­)'­q.'i-T­ 1;1 . � : I _4 " . , � . . _� - , , � .. - .." , . P - -, ­ .1 I ". " 1, %�k. ;­.)" &PPROVED BY 01TY COUNPIL 1-1 , , ji,_* !. I 11�, , � , o , � .�_-,:Il , — 11 ll� _A.7 - - �. - ."Vil, � , . I - .1 V J. �'l I , . - I L " 11.1, ­ . . .1 1, *­ - .�,-, " ): I 11,,P ",''.)I I. ,- %�.'. - ,,, ? It, I- �q , _e�,. .- I ­r, ) �*� , � � I - - � , , jrj­ �:. " �- .. . . I i - ,, -.� , I Date july 17, PUMP . I 11. _. � ­" . I. j. � " I T., _A, � I , l, .,. ��,,­_-I,Ii.' ,­ ". , , 11 I 'T I � . 11." , -�, i, -, ,-", c7r.6-1 . � J� ! '� , 1: .1 , I , -1, ; ? ; .1 , %) i , � d, ,a "40 0 I: l. I I : k ;I - " 7 - � I I, I I ", '-' '. . . � ,4 , , " , - ,.,l, fl,� I � � - , . . 4 I . - ., W1-.J I � 0 , , , " , * , , V 1 , , �, I I � I -in and Redevelopment Agency Member.; 0J, I t.. � ": .�,...$,S��, . , ] Submitted to: Honorable Chairman � , T, i. t)_" - ) . , ,� , , .;- ., - � ,fjr i , �,4�� , — e� 1,44 . _ 1 .. '. , . , �I- '. .. 1. ." - .. 1. - , f � t I :., . ;J4�c,� , . " . , . . .. )i , -, , ,,, � , . ,(�, ! . . - " ­ - . o I Submitted by: Paul E. Cook, Chief Executive , :A� - ... ". I,"' I " -',., q--,.)i1 �[ Director __,"_.,�,�.,., 1, . . . - I ,..- , � I ,,I . ,:. �_��.-,.jil',:,� 0 ­,4 "'-ft " , �o � I., , "N 0 -, � �. . IN , , . I'; ,), �.. , , ' I . '�-', , ,_ il I 11, I ,�. ,T. .,I I ' , , ' I . , ',�,�,' , , . ,, L: - I , _ " ; , �Xct - '-'.1.1 , .. � - -, " l" , I- I- � I 11 I Prepared by: Douglas N. La Belle, Dep ' �, -. i, '' : " ,-".,- -% - A, " , �' -, - I ..- I u�y City Administrator/Economic Developm . . .:! ,L. " I i I %�i� - . • � - _ . 1. I I p '. , .,.,.., , 1, _ , "­ , ':7 , -1 : A�­ �i � -11 . '-�, - ;" I, . . �: '­;:,: "I I i .,( �., ­ �-, %, .; ,.A', , - 'I , "'' -, '�''. I- , - ,�� Subject: CERTIFICATE OF COMPLETION; VILLAS DEL MAR ., - " ... .- . I ­'.­ Lil'_ � 4),� - ,I..,. I." ." ­ 61,:? �\� � 11 i, ] , , ­0 !�' . N � . 'h-,-.- (�q,"`%' f.. 11t. "', , . w, . I - . ,� I � I I :1. �J, .. , _.1 I , '.� I i: . - ;,A, li, I : I , I - - I � I i �. I . I Consistent with Council Policy? K Yes [ 1"New Policy or Exception I ,­­ . - ..I...j - �, .. . : �', i� 1. � " - � .- - C I ��`�, , I , . , . t � .-�,,��,�,_ ­ �­>, ''. - " - . .. ­ i . i �.11 -' _ `­­P�;�,,�`', !- 11 "­".., � 1. , I -•I ,;, . I I - i I 1, ,-A.J .. 1A. . _.. - A; I I- � Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: ,,�, ".'t".11 ",j-_,t-,.­'1, 11 ­?)'.,;i' 11.lk'P�".,_ .� - 11 C;- � I)•� , � . Z;Q� ., . . .. , - I �, *;:.��.*-, -. �,,., ., , � _i, i - , I , , I - ­�.: �, I . , , � . .Av4 , .I- ,'_,','J%. ,_ 1 ,.4 ..... - . , , , . 11 I I ' 'A" , I I cl I.". " 't - . " .� I _ , ", "I .41 It . I.,-- - - q1 7i.."'. , ; .� -Anl f,;,;.'( I . , . , � . , � I . 11 _ ,.,.:. - '-`, - �- ), ,_ , , �orl Ptil . , , 1.'�, I ­-1. � . I Z : � : _.I._1 . I­.4,!,, �.111( . 1. 1 ,'I � I . _1 . .� - ,; 'k �, . STAT OE is :-!:!A ­- I.- �, - , . , CC C I- "t, � f ,..,.;,; � �* " I .EMENT S ME - I ,; _,",*­�', , 11 I ;A� 1­,.­8 .1 , I � '�'Ii , �ll` , . ". * - , �,!:�'. I .� 1.1, ...4 ��.'.� . � -F� ". I., 1141 - - � . , � - , I I l,'. Oi'E, , .- - 1� . ., 11 ill V I, ) I I , I. _,;.�--...`:o � I I . 1. ."_­,­� r '.1 J, T ...I. , , " ,�; � , I q; !. Af t , . I ­ I I . - �Iy" I I - . ,, , . ,*­�-t �- ­N_v f-J, 1 , '. .� I I .., ­ � . - t ��, ' 2 I, , I ?. . I , i-.11-1 I -f- �4 I.I. ,k�� , � . . i : , , ... t �_ � , - . ;, I . 11'M_ . Iz..'� , , � ­­ ... - -­. I , A,­11. ! , , � , I I I -.U,I,.�,,' n,-*,XW-V- I � - I . .1 PU n iP_1;1._�_1.1:.,;WR" I ., . , :tl_ - . !k_,A I �-, `!,4� .. I— - i NS ", q Pursuant to .the Dis sition and Developme it Agreement between the Agency and . A , I -I "Pl., K,., :., - 4, ,.-,�: Beachrront Construction, the Agency Is to 819)'jify completion of the project through the _!�._ " - � J',� ,..*,'., , - ,'S_�J �, "I ?O.h , � , .. I - , , - . 4 -,-.,_`-.,.I',', t, , 11 ,." ..I-,, � ­)Ir It'll -� - I , - , I 1, J�.",.�.,-�., � .1 11 I " F, I'll. Issuance of a Certificate of Completion. "J:;! _...v I , -;,,.. ,,J 4z.--,t .. � - ,.'-,.i�..,..;"-�I 1. � . �. I I ;- ., , - - ,; I, , . . I I - �­:._ 1, . .� , 1. , - ­ ­1 . I. -� - '�*l'1; , 1''?"rL . , A� )V.. ­ i p� it.-!i., r*, ., , 'Q� ­4­41A, . _!� .1 11 - _," 'i ,Q �'.�.`,,. ".", --r t 12ATION, -. :. ;­ I .1 , -%,, "-",� . t , , " , ,,-- , RECOMMEN I 4 6.1%u ,li,lr,tf.?..,�.'..,:.,'�,:,i�"":I �.-, �,' ,. 4.1,,­-, -_ I ,�'I _ . - 1� . ­ - ,�T.", ,-T ., .., - - % �'� , *.� )JAII; ­Z; , � I I: ,Z, .41, ) " .-, .�, :4 � �' - , - I�, ,o, , t , , �j "T , A '-'b' 1, 'I , g", 'N ­ - � - j ; Q I III'IL'6'j"�',.%,",�, � I .. ". - - T� I "J"t. ,1?,t1',` I , Ft,;, - . � .1 t - � � _ �*,A A , I . " '' ':. ,,'.,. i i,li -r ' " 71' ' �' I I,, i�,;- , 1 '.- - J, :�� . . I ;,,.-�,,, �.. 'i, Approve and authorize the Agency Clerk to execute thn attached Certiffcat6 of �J� 't, . "tt � - W. 4 ) ;,­Oo ".'k- .- ., �.;%_�� It , .1, �. �l. " , . Z , ­19,l, I, I J:;� ,._",$0.r I , .�­ ­ I"' 0 q., * "-t,' -- .. ,.il­',l% , _ _ � 11, .. 111� � t!i4�111j;.�' . ,I�`.,;1�14-­­ , Completion for the Villas Del Mar condominium project located in the Maln-Pier ) .m, - . 11 I .. I �- I , �r :�:��;"i!�,l�-1;1.4-fl.l.t.'o'-,. .r;I11_ Redevelopment Project Area. Y-­__�I;Iill"� ��� 1 11q. .N ­11 , �. 1.1"i'll ,,,,;;, ; , _­ i 111. It" - '"�-­,". ­, , I ,.,� -!-,1.`,'qQ"�I , , .1 �� _b M I� . -,.,,.,,- 4' _ ., - , "•. , _ 'A""I 0 " , ,- I• A, � I': � . � , -I"i ` ,�. - - A 1-1`� - ,.%! � -�.; $, ."j,". a � I t " , ,� . , 1" I ,1. I .:J� , . - AINA YSIS: _. !� �--�� ��, %, , l , , � .." �-,'�,.-;- ill , ,Z.�. .7, T'. ".­ v,�' *)�' ,..�*A��11'1 -Lit/l .t%� . % �� " k -, 61`* I � , , J �,., , � F I, �' ,'I. . 11 -,� I;-', I . ,',.41,�'_.",��l--.�:e""', ; i F i I, -, � ".,; I , 1, I. I I I ­ I -,-,. � -,� . . .,� .,;,, " 'r­_r:� k�-,!t i ":� ­_11. _�­­It� - .. , 11 P _�,0"$,1,y1 .I., :, , � _i ., I., `Development: . ' -, 1. , 1, . . " � -1. "I "� I ,-01.; -,I.N',, A 1 11.1:4. _11-11. -­ -, � "k, ,­, '. ',',0,' l, f ";,." N� At the time oUthe. ao�ioval of, the Dlsposltlo - ;'�,�'t . I - I'— I �. _,_-V.- t" �.`A - ",:;�:, " ,_ '04, '-' - " op between , - �l . . . r. Ji I I ."... 6�1,.r. n and Devel 6 ment,"AgreemLint'betw * ' ­4. A 11 "4- �I o, t� I '. , - . kt-4. . ,4 , q-f�?,t,:� 'I 4"­ ", !'I, , ,.,-,,:*, I the Agency and. Beachfront Cor�itructlon re' " ... .. I ly ., , t, �', _ .11., ��il,z­ gardIng the Villas D'I Mar pr6ject In the .1 - - � �J, P"..: _� , � - f.L" I ;WW" ..ill,l._ . . e . ,.7, 71 . � . A - � _ .1� 10I�11, ,i,1�1'4-, , i '. _ _. - V­% , Main-lPier Redevelopment Project Area, a provision was included that requirad the " . j"I 1.6 . , _., ,� I!_ . &I 9 - f� I , '��,.J'i P_ ."��,,��;,�"q-!"!".",..,""..,�. i') � 11' IAI � I. ­., ..", .,,, . . , I �ti-,I"'..�'ri;,i'�.�,�.",.,"t "­­t I It. .,;,7 .1 I . " , 41�� . I I I ; W., I. ,,.:,�..." 4�, "I., 1 " , � � . � I I . ;. P., I !,­ 'I I " --� ;,.� - ,,% t!k 'I"".` I Agency to memorialize the successful completion of the project by, the Issuance of a I. A . I 5-1. 81t_12 ,t! . 1, _ 1), .. -1. I 1*1� -1.1 , ?�J ,,,,, 0 , "": , , %i ;7. Certificate of Completion . A form of such certificate was provlde-I with the DDA as In, .. , - I ; 'g.--t1i -;.,�-;,,- k'." 01 .1 - , . JA,., "'le 1 " ., �.-..-j�,,,.�,t'� " I , . ,.", I- 4 , ') M I �� I., ..,fll; -.k' , -, . 'i .,��, .11 �,'i­ P., , � t4, . ; Attachment No. 6. . ", ,­j I � 1" , I 'r, : '.,�, ,I 41 I " . .. e ,1 _�.'j-",-, , r. T� I � - ­ ., 'I". ,­!,.;",�­ ..., .. flo I ,,, _.,j­',,,,-,'­%.­t I , ,rm­",.� , -11 �- ,ti- esi#,P.14? ;, .."�,-.q-,, -, "tt­0, -I� )t,­ : �� � , �;,�,,. � ��, if,J) � . I 11, , I - -1, _'­ jt','. .� I � I ''.. ". A,' f , - - I 7 " .1 ,��%�. .,,,!f. i: <4�­, ' � I. sil',I,�� , I. �. I ,-�,,�. �, � i ,'I' � I � I 11 . V " I I , N-IO t, � � . , . 1-.L)�' ��,""­ .1 " ,.",*"J,-,2, I I , . The project is now complete and occupied and attached Is the Certificate of -, ,t4t 4, I I - )- * 1­11 " " y�__%,I­,- I .,. ',-"� . ngc ,,_.,,�,�,Xi' , -1 T 4 1 � , . I ,.11.�.:,t'M)r,7,,V�.,,. ln,`;i.,, . - r ,., . , , I I .. -1 , ', I . ­1 -;' lk4i ­�, , .­', , - I 4.1 ?' , i;;,11 I _J,� I 41 I Mi , 'k , � � oor� - "i .1 , �; lr�,.A`I M.-i- I" ­�_, -,` Completion In the form provided In the DDA ana as approved by the'Agency Attorney. � 4"I . , , 4., ,,.�' ,�.. ., ��.'�;' - T, " , I Ill, q,,,, - t '1;,r �A I x t I 'H'I;",;tl"-�, . 11� I NJ ... - �_ e-, I I - k , .4. 1 r._­, " tt', � .17�-i- I 4'n . - I * !,,,,-,.,,"--;,-tt� 4! Z , it '. � 1, .1, F t-5-1,4101 I " ,*�%r.i�:';'-, A .1 , e.'J.?l,�r", , r , I��,,j)).`. Ail't .- '�,'i SOURCE: : l, " I ,�1'x-",:-`, , I - �.. -�".-I ','� '111t;.i'"a-,; ...... I. �! - : - -�, �,-!: I, ,)[, ��, FUNDING " R "'K. - , - . ,I '.P,.,.,� jt�j"'.'Iioil-(�I­l .." I � . ,�.�"_:Lj, �"j 11 f-)., .,1.�'., I I i- 'e ­ -,�,? X - - , I _�.., .I "I. If 1, 1.7 _�'..,-.L ,� ';�-.,?'.- N. , .�,_ ? I ,q �'�,�: I * ""' - I - - 11!�. I I A Fl_,�_11`1'111 i '. , I,.,A �4"' , , I . I , , I i : 11 i-I I , , Z - , I , I � I ov r" I' ! _.....V I �), of , U ill.T? - I W'! I I , 1, I 11 I � .� 1, W 'I , . 7_11­ � W, 1. �r 1� I .1 11 "l... I I 1, 0- I".. ?A. . X., I '�A A - . , . . .I� ., , I, t '�k: ; I t , , , � 11 �aJl "I - i V ,,i ­ ,�IA '? .� " '. " I " t " ,. I 4� Not applicable. , . V)'*,,. �1.'',�* ,��, .4 � X ; ., -��,'!; .* '. I I, � . .1 i , .­i7� ,�t, �jj.',',�.'�L,Ijj, �:­�f;# j,'� -_.�'A " - 1, , , , " 411, . I , I .jr � , . .# . N il"At. CO.. ��Vlt:,� e. , . _.- t � �,._141 ", ­ , 1'�i I , :, �" i- " - ! .., . 6. I ; ", - ..., " k r. '• tip, . �� - � �,-,,�..j,:" -,� . . A . —, L. �, ' I;- . It 1. � A�-.I,_1 " ? ; _ .;,! . ,A�l , .�"i ", I * .. I �V I I * , � L.. T11'. � .P.I.. . ', .: - .. � I "- & A�:::",. �, , " )"", I �Ik .,� 'i I , , --,:"".,."I I I. % 1:111".. - I ­ , ..A ,,I ". - .. - I f IN', " I ,ZK).,fqf,-,� '. ,,,41�, ,1. _IA!t. , " ­ """", 'V; �, �1. , A-$ 'III-. �;-:fl,,__ ,�", - Do'not approve the Certificate or Completion. ,, I e. . � � t, . -"� . 1� . ,V'�-. 11 � � , : � '! - , - I -1 . .; kylr?`�,_, ..11' 11 1, I �. � ", l� I .. 4 - _,�. .� I!, -, _� _'. � - � ... M 1, I ..., -,.,j_'-j­ . .j -, � t! ray, {,. � , '. t ,,,� . A .". - � _ . I f ., r - I,'! . -I' -:11"0;,-:", , i_ ',�� I II.- -. . I ,:Aft. .., . . - 1 !" i.V-,Yi,,, t..'d , �;.., ; " I � , ,-. - , , " , , ,� I I I 'i . ­ � . )) , .. �. - "� � � L.?� � I . , ,.�, I .. I'� �11 I ,'.I�,l�`...'­ * i ", LL "'; 1. ... _; , " . - I . 'lq.k ., '. .- . ". � - .'., . , ., I , , I , . .: � r , I j , �� I . , ., I , •.. , ; �1�,, I. Certificate of Completion. 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I,ry' 7}"Y` 1 �: ne I Ar1/.� ;�� ,rt t , , A: 0 Re%:ordi ng t oquested bye nn"'39224� _ s r; } , ,�Y t. l^,�It—I'1tl r ,{ . ,':fir + rett:rn co: �a E`ECQRDEDINQFflCIAI.R�C�RQS �- �, ; I;c - *� �r ,;I;{�, 1�! ��� J.,{ OFORANGECOUNTY CALIFORNIA I= 1.►xf�lri t�iP,° " a A,�1 +"',,"�'� i Office of. the Cit :.:erk ' _ �: a r .t P ,; y"'1 cr�r ' iIf ,,r , City of Huntington leach P.h1. o ���� fir .'�� ; '7;'* J t1l 2 5 �9 x +ew` f +r - 2000 Ma1n StrAet •� + l ♦ i. 1 ,}t11t Y i I ; . e r w . rr tt , , tY`, �� A'1 TACfiMENT NO . G 1 Y ,1! r yy t Hurtington aeach, C al . ,�,I I art i t� 1 �t t)); 926gE3 c r,c. Q �'���RECUNOF.R ;0 :.�''�r=:f ,a,Yr,C oj Fr .i�l•!+1 ^♦�•/ 1, I.I 'S> ) •�j� t frl '.f .i1 . 1 sqq!! , i t/ J :� 1 •t7 ` tir. III I 111 t yfj L J CS .e '. 1 j7/di 6. rlr / C.,1'i !tt �..,,i.'rLr,JMlf y'� { _�! I �11'L'}fl(,_ IIr ' Mail Tit &tcltem@t1t9 tOS � rt� r!'t'�:^' tI, J,`I_ I . '� fcf I.`"iti `� �1� 11 er ? ,fir, 9EACiI FROP�T PROPERTIES i X�M Y''` r �I;rkrxt 1 �R ! ' t� �i'r� 'C 15272 Doha Chica Road ) t}'`- �2�,I I ' . I. f C 14 !r t ,1 ,,,s tir .•r i J' i`/ Huntin ton Poach, California :92649 ) °; " ;rl �" „ g �i r• t .A ` ' i I t T , ,, .,1 , t r ft ( CJ ` Space above this line for rrrcordez s use only r r , r '� r '`{(�, Ir t`" i itt rIt r 1 p t ;; 1' try, ,!T j g r r ey .: • , } r I •t) w �� �i 111. ? (.:Y ,! s . Ti / t! �-ri t , lttr 1.{t 1i? • t +,1 Z' t SI , s ry� W �I } t '`� 1�1" f }, , "�� ', RELEASE OF REAL' i'ROPERTY : CONVENANTS ANU.14 lr tS y rr i SI r 1 Ar C , 'fie 1 I' �rJ�`�rti� , . `rj * ,;��h �z CERTIFICATE OF COMPLETION FOi! "3, 4'��i AI ;' `,; S i �.. t' �4 a' r 'r r ' '-t, L, �,LL.��, I ,, �{J!• �..,a• .', `'.1 .+1/4�e:+, �� RUCTION AND �• •A� ' ` .; ��rr�'ri� l'tt •- 1 fI♦ N t I tr .'•tu. +,j� , i ,AI +I . !1 ! 1 1 1 4.1 �'�'� t•t i r' r' *' i ) ` f }'mkt' V.. •i ri tS •i:jt` �1 rtl a,, r r ' a. .'tu IS fi`f ^'; {!� ,'�r ' `,,fir. RFAS, by Grant Deed date3 February 2G, 1987 and ,�'���� r t t .�`� `►"_ 1 I;f WFiE y rder o� theSCvunt £ afeOran'iecial ! ��SM1 `` " ` ` recorded on Jul 1, 19$7 as No► '" n K ,.y I,l !, % t r��'. {f ;,]J• ,� t`�;+��I`r ,.'�1\�:s records of the County Rerl� Y 9 ►. ,4 Jf _t , t , . a �,Ary 'kI '� 'Y>*:` r =�• '+%�k�'! - California, the Huntington Beach Redevelopm��nt Agency, z public � �V .1. 'i. I I �A. � I,<... - , I <� ; ,r�,�; body, corporate.' and pa]Jitic ( Agency ) : conveyed to BEACEIFRONT �;s�r I`„ e L ' ' :,; '1 .-,0 f.-; LAKE STREET, a Cali for!,iia limited partnership ("Developer") , ;�� JZII .. t .;4t '" ) �,Y f, If ,:: t' t'Ar.", certain're:Al property 'litaated in the City of Hiantington Beach, �;A . . !' 11 '" ' j fr'IIIl fir`." = , ' California, described eJn Exhibit "1" attached hereto and made a '',, v. kI-�t", ., t. f�-f .1 F t part here,sf and I,I fI. ` `.t �r.: �ti,t++,yr tr• t WiTEiZEAS, as referenced in said Grant Deed, t:3e Agency' ' $ , "`" �f�s;;,y�i ,Ytxf $ r'�`; shall furnish the Develo er with a Certificate of Com letion ?! w ��t h < �, ♦ �' fJ e �: Ja �' upon completion of construction and developt"�:nt, which `' A 1 a ``�rsfi'? t 1,;t_ certificate shall be in such Porn as to permit it to be recorded '.�a <' ;Ill r� . tt h�4r�,� ��•.(, f ry unty; and ; 55'7; ,FIs)F, SSt��,,,s� ti in the Recorder's Office of Oran a Co 11, ,11 !!AA,)j i..:�„' r �., ti .t_r1:, ',c '' .. SSiF w.ry i •I ' T [S' f' ti f I 1l r s `r pyyit ,IY'i'• ,,Z,'� 'i:'HEREAS, such certificate shall.,be conclusive :?'" '�'�I ! K`'••1 �tr,,`�;''°{t�;t ry''L'ij determination of satisfactory completion of the cvnstructtan andar'�' I .11 f r ,, ? t.a%S}P'.%' ,; r1 Vt f r 1r d an� ♦1i t i;. development required by the V.ant Dee s 44 !A. A 1 I �T1r,�`'., ri j I i � �!) tJ.; t1 }t i�,y;. �} }. ; .T1 i }�{ , .; t7� S �tN sl. •'a tir r, I I "tth-' r- r/r. �� �_4�,r . J� j,N,nr,, , G ,t J .,; : t WHEREAS, the Agency has conclusi�•ely determined that tT1R ' + '' . =.t$jj,- r,�,.�;.71, 11)l,1�I ` ti construction and development an the above described real '�IT ' t ,W nY ,�r�>ti,,.,�, %�`r" �firsiw�'- property xeSuired by the Grant Deed has been satisfactorily ~/ } 'f . 1t,7I 1fY-_J_f, l y `,.r tr ;fw• .. - ' r .i . t y 177I bt;, I.r,: (:U, completed; and t t 'ii.l.' h.,y G.iJ - fj,7t` ,y ', % ' ', r i `y te+i 1\ i err t�.. >r1�(T�,, I k r �llr . y ;'c,r�; `�Y`t- �rr�': WHEREAS, Paragraph G; of the $forementioned'Gr$n* Deed ,- �, , ;rt ' j{t`•z!~,` I. jr; �,.;." • contains a condition subsequent providing for revAsting in event , r-, M ,. Ii M. ,C t ° t♦' ti.• ( Srtj� `ice' ,,.1 ... A. `�t `1` L' '. , ;�'Q"' ';{ conveyanceoandfpriorptovrecordaitionoof thet in sCerti ficateaid Deed tof S'y i, Y , ( I tiL' {,.. ? ,' ' ,rt,c?�jt'�r„it{1'4I i.Cortpletiotts G "� t h �ry .+. j. i•1 • , YI J f II 11 r.a Y ,a ffj(r4 I X V 1 `.I , > . •.'.{wY �' I ,,�, h`;,, 21, t} l r 2his dooumant ie acloly for the t .V.�t `S elvlplt�t� _��`;,;t oltlolal business3 oY trhe City {�'--;, r1. s' `, F�1;it I A— I ;,. Ii • of Huntin ton Hoaah r3a oontaw- t (;a `f ,";ti?!I 1.yr ; �y ;�v^s r,+, �M ATTACHMENT NO . G �j�t;}o�s,,(7'' , }�yr t . L� • Q f 2 pl clod under IiOV6Y•I1�9riL COdd }�3 f� �,�' 'Y I -, , , 1 ''e�iY s.F r �F,t F Y_ 13_I;.rti�t C !"age 1 r`"t a + t o [�' �',, */kI #n: r!. ' ) 500. 6103 cad should bg rscorded «,r, �s a1 s t At.1, �,' t i�t %; }�1 '+`�,,�' ,'i .�A' r2•e© Of ohnrrro• I�taI' t1<� ,' � . _'I I r T(4}��..1C{♦�C.�(y'7{.� \V./. /� , �1' J ,}, 1.. t !,'s f fd r =:I tJ jt' L )Y,� ,V �t1r. (]�J ].r {l�',(. 1. ,t1r',t,l. 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As provided in said Grant Deed, the Ag, rey does ' - hereby certify that ,the construction and development has been fully and satisfactorily performed and completed. t v�Y Sii " ,' •i` ti 1 J,?r 2. said condition subsequent hits been fully and rat a,tJt+F•`r'! ►� satisfactorily performed and is of no further force or effect by ,, + reason thereof. ,�,} 3. Nothing contained in th .s instrument shall modiey in any other way any other provisionu of said Deed. s Sri" ,> •' 44 IN WITNESS WHEREOF, the Agenc has executed this g ',�Si : certificate this day or 191 . '-ral.:,il ,�.,�`�i'\`S ,err _x t• � ; .,, A. " ',� +"mil ,t :_} t r+4y,, �, • �' HUNTINGTON •BEACH REDEVELOPMENT ! AGENCY I By: �1r4 tdfr.Ge�C_ is chairman . x 4�{}tj. '�` ATTESTt `.t.T'.. „CCfft" .✓ �.l,y'`3tt^ritft.;},1, 11ay#L���).r,t rl, r. 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S • 1�::�' T1 L,�. • 117 S i' . :.S t tl'T,'K .�� 5•'+{ y1�` +, i1. _ ., :.{t -t ,t -E ( `Yr � ♦1 ��� � .i�tM.1, vJ S rF � �� :. ,. � .._ .... -�•. `t ' --- .., .,..�.�1..:�- ' I wsst:r,.� 1/7aiMtl i'"-r'-'-'�-•- � • Fit'„ �t � , f y i�v I a 11t 1 l • . » 1 � 1.% ,�,� � ly�.11ti ��y7i�'�+-� � li �+�'j{+{.t'.r�}��t ti` "t}�r 7,��11, ' r• �•� •� , - ,'.tSrh'I!3„rtri �3R;:'.r�,y�� �t i .*t�:1'r ljl+.t� ♦ �t r: W�J92248 r dt t r ff7' Y �: t n ,�tt'' ,• t�( •�1 Exhihi t 111 II �ii 1 11 r r' ♦ F`s �r ' �i�-, •{� r �.%� '` LEGAL DESCRIPTION ' xi � ,',:,•'y%.,;1, �.�' J" 3 "T_`�,. Y.l.a /.: `�i• l4.1}, r \ ,iA '7(•vtl e V n ;' .r That portion of thR south one --half of Section II Township �i south, Range 11 west in the Rancho Lan Bolsau, City of I t Huntington Beach,, Count of orange, State of s Y � I California,I shown on a map reir'oxded in Book 51 Page .1.4 of Miscellaneous Maps in the Office of the County Recorder of said Count+, described + Jrr f,-- k �� r� tr- t as followas .f rcIf•,�.,ri 1,. 1 3 („� �Y��,., Beginning at the south wept corner of Block 604 of a ICAI. '� r�; SI tiYrl>+�y r,1 9 , Huntington Beachs Main Street section as 'per map recorded in Buok 3 Pave 4'3 of Miscellaneous Maps -in the Office of ,# the County Recorder of said County; thence north 795.13 1}, r'' t' �' tfir f}t�� `a:�`i, feet along the west .line of said Block 664, its northerly j 4cli� + �t�,.�3 3 r,r t+r t� f�il�, .• I,.v . ,e iar�t,),t,� (,r x tF �.;1^;! extension and the west line of Block 704 of Wesley Park section, Huntington Beach, as per map, recorded in Book 4 '�' i iii` 4p•at } , _.y�. Page 17 of Miscellaneous Maps in the Office of the County � ri' 3 Recorder of said County= thence east 172.1 feet along the north line of said Block 704, and its easterly extension to J � � the east line of a.40.00 wide strip of land as described in the Deed to the -Santa Ana and Newport Railway Company recorded June 14, 1899 in Book 44 Pa a 66 of Deed, orange �,#•� ,, E �� County, thence south 795.1 feet along, said east line of the Sty.-'; . .- "�' 40:00 feet strip of land to the eastorl extension of the P y 1 }~ � 1'w s• south line of said Block 604; thence west 172<l feet along 1 acid south line r__o the point of beginning. �I'3 1 r„Y �•1('w �7J „��e tr at fir ,► !r�! "J' x„pia �,(� �;� 1' s►t I.r. .'{rr-� r.l tla tir I��-,�' .�',J1'r':. -� .'•-.. , .,.,.!-. fi •rr � r �_. �i,.� r 1 „ ;K ',': ^. '�31 ("/�•{� ,+ }�,.tt a l :` 3 'h� •_'( �r. 'r.t , ll% .'l, 4,:Y, t'''fi•�,. , �i:.. 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T• t �y ta:': V -�3 I �� T /,'{{'! ! i irl' rfr ..A i) r r `. f) hf. !i {r. ,t'-o ,•f 1. •!at \ / 1 1 ER .'w Ik, t l-. i is i.�, i Ai_; ;' t1 MO OMBEltSNll Recorded at the request Of ,VI[ �. ! { +, 'r.1 k Etecordi.ng Requested t:,y: STA MM ``` � � , ;� �, , , nam I FIRST R;�ER. TITLE INS. L0. , '� sf� 4+{�ri'' *f ' { Huntington Beach Redt.vel o�rnent Agc�) .� ♦t1 N, r `� t ,k, rl ) ' r , When Recorded Re*i:rr, to and ., F, `�t�1 - , t , r , . 8:00 JUL 11987 , L > t t ��il" „� fl i t," t li { ":t �• ' Hail Tax JrtatelDents t9 i ) ► , A� ' tS7� 1 J t . { t ,.t' A.M. ; - ! i' "n ,, I I .a'+ I `a I. ) $23 00 llificlal Records ,; t'a' X f +°; ":�� ` ,rc dj ,, I i r r } t $EACH FRONT PROt♦ATI�B ) C13 Oranpe County, Caflamin �, Ja a i ; yx�'t ,!�{ i • t`'' ` �� ,' 15'y2 tlolsa Chico Aoed ) / � ;l.t J' ,:+1 s i r : ,' Iti t' California 42649 Q. tard'�L, : �� , .i,r , t} % Huntin tOn $each, ' 0-" . ! I Ar i-- 't4 Space above th :; 1 ne for recorder's use o;t<ly� f,, � ,�= � r `� e '�''';'►71�' t • � ' , � ,j't ft C r 'rr i t ir•�} ; , , l i r, ?� rr ' ` IN ur,QerslAnso uarlaria th 1 W �doournardsty Tnnger � r� i ,„ �} ' ��'A. a ,}` i } -" \ `` - Tait pybtle n�revl Is f I-7 a s�' tat 15 t ..t� J r .i yf ' ` e.I t" t i +,v i1i� t#'' I _.),..... Computed on foil value 61 proaomv convrye4 % l��zii1; ', rtr GRAN] DEED. V� 'i'1 i r r{ ' ' Wmputed on full value lets Uens rind •neumbrant" r q ^ , f t1 Zit 1 t ten)al In ate Ime 0 Nlaa fit• \ i fat 11 t'a ,---;" - , pAtD a T ! , (} ,! kiu ����:) ' ij il• Li �' TRANSFER TAX igrlatun o Doc grant of egtnt it F. 1 ` ' ,, r ,r DOC A. 6RW �iFLrrAMFt�CJW m� INSUr:rwC>+coMiaANY �t�'� �. .� jCM - t LEE ' a,` t ,,rt {iENRDER cr,.,a�_,• .•r;.t Lt, , "' , t .TtI, }� r I r '•• i 1 1ti. r e� v. .A �tYVmE CO ,, Ce.+�� ,* 'i i`,,� f'lII ? 1 'Y `iP. t;1 1" "e`� Ii-S� y" For a valuable consideration receipt of which is hereby actcnowledged, ;;'�: M4 at,-,y�'t•! I [I . -� -.----- I -,AI' D'I . I .,I.I- %I VWts0mA4� i2 Id -. .A .. ..L-0-. , ,_ V �,j�r r' Y+ ��trl The HLTN'xINGTON $EACii RSDE�'ELOP1tEN'P AGENC�t, a public body, corporate and ;r�r J!�,.i ; 1�.� } ?. tt��4 � 7 td I,, r ;. , jy _ g ry { " ! � ,. f ., rr.t�� , . 1 tr politic, of • thz State of California, herein called "Grantor" actin tb car ," �� 1,, ' ,`•r I,'' 4s ', ," `' faut.the Redevelopment Plan, herein called "Redieveloprnent Plan" for the t;;,tx+'- .Jyi 1? r r �a• , t E �=;t '4,�r;. AO-. Redevelopment ment Project for the Talbert-Heach`Redevelopment Project Area,. herein ;iYr` z��" ;,. ' � ,'t rt ) "J'� P. called "Project,": under the Community Redevelopment Law of California, hereby � .i r r , t 3 , , 3',J '� k ' .,..,Yb ;'' _(,,.,i rants t0 DFA^HFk7MT LF.Kc S?REBT, a California lunited partnership,•,hereir► s�f - �" ' - d' � z +'! w ` c: ;'} `�, � called t�Grantec '!`the real property hereinafter referred to as "Property,",;r'44, { ' 9 ' '; t, , , ,- i µ ' `T y , ' , ,• t a described in E�c�iibit A attached hereto sand incorporated herein, subject ,to the r • ,,,,, r •,)r `_�F ;'' r''f. existing easements, restrictions and cavennnts Of•record deac�-ibed itierein.. � , ' 4, fit, the conveyance herein described all :�;. 4 , [ Lo,, II i -is '�;'. r tc*' r= i 'i` 1. Grantor eXcepta and regerveS from If INII 7. 1. 4. `. f '" 1: I x'r hydroearbon substances .. nd' minerals of I-�. ,1�­.-j,)., l.i_ ,_�L;,'"Z_� -. * !_IT .I 1,X,..1�%W. 1-.­% ,"�g�, p-;7,�,�­l.�,F-,�_4,, WN ­l,V,. ..W._A,:, "1;.-_ Z1rt,�,t^ h fil fit�I i e �ereSt of the:(Grantor in ail, qa6, r Si ; . 1^tf' t y i T. .� • 1 11. 1 > �, kEi• , , t II t'' , k `"fir i kind and character lying more than S00 feet below the surface to ether , ��'`} t&`-4rT ` `' -� Y�, with the ='Yght.to drill into, through, and to use Wand occupy all parts of the �;1 ", , :: ,-Z, -' ,Zt 1 �' \7!?f �'.' P, Y feet below the >iurface thereof for any and all 1' 0 _� I '' P ='P Y 9 all : �� �'' ,r',� puo ores inci c:ental to�the0e�cplvration for and production of oil, gas, b� `� '� x t,' t r i My IQ x tt but without, r 'r I ,,, r;i Jit 4/ 'S; ;' hydrocarbon substances or minerals frnm said Fite or other lands, F '� -t i y+� `�� i r �#.'r� however, any right to use either the surface of the Property ar any portion t 'i I� r. ','; 1 ? �' °,,1 !.. thereof Within 500 feet of the surface for any purpose or purposes whatsoever. 'i� „. N j ` , a .,,, i�, t r t ,r{ �+� rdance with and sub act to the ii ih. I Y - f : tt � Said Property is conveyed in accc ��, � 1 Ali-• 1': t: ' .'."a,` < rl�,t ��". Rad�velcpment Plan which was apprcvcd and adopted on September ^ 20, 19@2,' by '`'''r =•`;4 ,! ''�' S o£ the Cit Council of the City of 'Huntington Beach and aa'. �,." �) A., "gir ;?i} t Qrdinance No. 2 77 y .�sij . v�: Dis ositian and Development Agreement entered into between Grantor. and Grantee' '. t' { 1 ` r t',, `` ;5 dateul as of September 15', 1986 (the °DDA") . a copy o£ which is on file with r , .' r ,•'r;1' 4 ,� N, .. i yt1 �l t }��; the Grantor at its offYces as a puktli c rfcc+rd and which is incorporated herein �y 1 ! J _7 1 (. ; t\,f r r�k/ . x � '' t!y re�erenCe. r //n 1, /a>+, 4, j 4 , L'%, y l Yr ;,.!I t t7 & `;rv3 ,Lr z�1 _ C 4 1 -♦ 41{rya r (� l «1Jk 3,i^.t s''- 'ram. t %r M K t . e`.' r t� e] S yi i f+ r,j,..tii,tafE rc*3 t ', aR;rt,:y Syr,. � f f74 t f _,. err ,iT , l j{, ].i/24/86 �; t�^� ern t f}3 t.,. n ,..�.11 I+ t { s ' `t ` I'll '� ,'' 3349k/2460%19 Page 1 of 10 3;l ..fir 1',• ,, .i•,, L . , 'nu. w •t'~ T '', ,.\'y='.'L�•�'�' `:r 'i �r'g4 •_- "Y7Ti1R►r t.`-'•",'•''y et d•', �. 1�`i-�'ihF;'R ' t 54...i.t `r"f� �.I�1�w. f•t.•N�,#.. 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X1I , �� X �31bt,-* -I0 �s �, l? . ," " !;-!,>fV ­ I -t(.i", jj1,a1 X jA!4 - I/vJk;fb,, ,4 I 1.1I _ . Property to the development ', I-1I %Ar f�u � l.. . *,;j 1 -V: s k!INil* il-j,, 4 - .-(i4j­ O V�1I> _ t.- i-Paragraph 11 of this grant Deed), and this Grant Deed, whichever ij, , ". � , document is more restrictive. I�1""' _,_'." i.,r i; ), 1JIrt�T . ­ . I ,IE 4 I, , ,�T A?iif"",, o * conveyed to Gr purcherein ,�``­1 , j()I �1,- t�­ li;�.7�A II0 tI cal;edPurchasePrice,determined in accotdance with the uses permitted. k ; �, ­0 ItI"ii Therefore, Grantee hereby covenants aua agre ' -.;,")� n Rt�O?4W"7,' ­, " 4%'­.­4 ;II kzv,1,;;5Z. . l1:11',I ?'�4tI.t."­C�v4� , lA " %,�C -i1"t,W­ , _,-, tt.�eWd:,tV,,, L. Ik .qi��' I i_1I an %'t4',�4,`,l . I't�Y _.t, ')" Municip&l Code. I L � I vV40,t !L4,�" rj -, ( ;'I . , 4.� ; ,. 1"1k : Pt-,! ,, 1., (b) Gran n the improvements on the Property in W, j j"';l_1fI0 shall, . 15.1�'- �_I1, Grantee ed ttr.r��.) .%'., . % AI,r,4.9i_i,i,4��'�"11-.It , -1 T! i fails to maintain ' 4_1. ,.",,.# f10#Ik4,.4"�411_LA11VAl-i';)and condition is not corrected of thirty (30)'�days from I�_-,,IjF"�l", I ,C cjlAifit: ,i";j,jl­V,_f)of Huftington Be ,­r..t-�� �,I�t.-A.A1are �4W.I- : y _ncu; red for ouch maintenance. ,Or411 4",A �f ! ! t III !'Sr oiof 4 Certificate ion issued by I " ".CA-rr,� 1, 1! ". �I . • fib V4yi;L)-I'l.WeI- 1, t.gjj",4 1 i'. sea of less . r , , i .,1-',�&% ­F1", "1..&,*,1 ordina' course'' business or s units, ,,the Grantee shall , , 11,I V# • ;twt make an sale transfer conveyaE, �St1J�I�,,, V 4��ee, nce, cri,assigivnent oth* Pro-perty or any Grantor i' - tA7UI� �., eprorwrtien consent' of the%4A',� ., IF; eof except,as ermitted bParagraph S(b)oE thiu'Grant" baed. In the,, M' IVii Y),e-,,-7 �, I 11 ;I event thatthe Grante sell, convoy, or assign iny,part of the , i NIl'IXr$r,,DP,;!,1Ii. 1�V1Property, 'buildings, ,o*1on prior to the recordition of. a ';;t1�aiiiiJAI; --�,' CortifLcate of, Completion, the'i,i incvlse�lihe 'i• -,�.0 ,W11-"P"rid by the Grantee by the amount that the �considiiailonjA�l",O,t'"I,� V.t, MM !r%.P"!;�(-,Ipayablefor..such asri excess o .. t '04I, -�..WNA0% ,*1-4��paid by. the carrying � ,;" _tI',,.4iiX41"t charges. The -consideration payabl "It, , 2,,{fY, .0 �,,,,-, Vexcess 0f the amount so authorli belong and be paid II .Alt ; 1' jj.j�'..1 - to the Grantor and until so paid theVJif,Fr11"�;;i X1"i,1 4. Qt- _t."�'t,?; . 1 6 .i1 " `) AI. , I ,, A ;At�.t V I I - ", 1.71QVI b, ,if I qitt ' f', I6 #- , - ,,- ���1, .- ,.,l_ . ... I . .. I ..I _t , F_ . . ! -� ,.- I I . . AFf" 0, _Ajrl Page 2 of-10 �'a "r 1, �. � - I %Id.I ). 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'.. ■`}, ', Cr 1 f�i y, :. r �,4 ;r1♦. f�l r a ,+• T''{{rJ 1 r �.r. i Ili::;:',.. ,.:'�; '•'•. - .•.Y�,��.,.1,..��.( , / • � -'/ ' 2? =:t'•' �f:, ,�. r�.�,..2Y���'«,.,1' ..j'„ s.. ,.,7•, .;. ,. .. ,. !7' Ir )'. �7 fJ'a� r., ':i ' t f r } • ..., .: Mx b,"`.:. 7'� r;7. — ^9-++rb,++�'s'�aa:1lt 1 'r t.: ,' ,•L ;t '.i.` �.,i t , . i 7 i t S .... 1 ' /.. y ` , .w♦..>....�.,r�il:Y'd �tiF�.1..�r. l iiw'L1.•Z.: /�..iw� �"f11YtT � •' r . �.. •X ^'- � •.1�.•+.....4...•l►..w�...3..:J4'ta.�......=ti:.r!`►7 i�t•,»r ♦,f ���t`(, .2 wt w P')), }A�,� TTT... w. y.. —jj lt)r •r� 1 i••tY .�� ,' 4 1 rr }i. Ylt Pi i f ° {[�„++ �; l r,Lt-+j f jl 'rtt�rir •J tlrr� -a 1 J 1� 11� ; �5 rr. 1 (! f..� 1 ` i L Grantor shall have a lien on the Property and any part involved for such p��, {-, amount. This proi-,ibition shall not be deemed to prevent the: granting of easements or omits to facilitate the development of the Property. r {' nt t t by f'}w ' ''Yt'« J = tv�rJ •'[' (b) The Grantee shall not' place or suffer to be placed on the ,,lf `_:• �''' Property any lien or encumbrance other than mortgages, deeds of trust, or an i�x,stlt.f { 7 other form ' of conveyance required for financing of the acquisition of the y tk',t71r, r Property, the ccnstruction of improvements on the Property, any other expenditures necessary and appropriate to develop the Property, or to finance `, ��,': 4'� , �,: 2r' .�2. J'F acquisition or condominium units. The Grantee shall not enteA; into any such L conveyance; for financing without prior written approval of Grantor. No opproval ialll be given for a conveyance of •tpe Property to finance the t t • construct$cn or improvemonts on real L •((jj * props y other than the real property ' Jl St`�� described i n Exhibit A hereto. tb k, st t,�l ttS,,t i ► ,� ,b Prior to recordation of any Certificate .of completion icsued b'��) Grantor for the improvements to be constructed on the Propterty: y MWAT3 (a) The Grantor shall have the right at its option to reenter and take possession of the Property hereby conveyed with all improvements thereon and to terminate and revest In the Grantor the Proparty hereby conveyed to the Grantee if the Grantee (or its successors in .interest) shall: (i) Fail te,commence the construction of the improvements as required by Paragraph 4(a) of, this Grant Deed �tar a period of forty-five (45) days after, writirtn notice , thereof from the Grantor, provided that Grantee shall not have obtained an extension or postponement to wAich Grantee may be entitled; or (ii) Abandon or subs tar•t±all„•suspend construction of the improvements for a period of fourteen (14) days after writtith"notice thereof from the Grantor, provided that Grantee,shall not halve obtained an extension or 11 postPT, ntment to. which Grantee maybe antitled; or Tra..i>afer, or suffer an Involuntary transfer of, .the • Property, or any part thereof in violation of this Grant Deed, Iand such violation shall not be cured within 30 days after Written demand by Grantor to Grantee. e. right to be: subject to and^behlimiLed by andnshallno tde feat, terminate and revest shall render Invalid, or limittt (i) Any mortgage or deed of trust or other security interest permitted by Paragraph 5(b) of this Grant Deed; or Any rights or interests provided for the protection of the holders or such mortgages or deed of trust or other, security int%,,Osts. 11/24/a6 3349k/2460/19 Page 3 of 10 `�'� �� t'YY2=i-jtr )#�;tr lii.. );P ^ �,,,:r t! 1-ri�'i t����r ry • { rlr.f( ':tl , Fn V; 2 f mt,} `M�"ip9uwl fry' '1rr V tYt J.,•1 C'J lM.2'•' r�•y .J"i '.t�lr 1 r �, J � t� 'r� .i lt.. r ;�'�'•.�.� ♦ k.ri`rtr r '�r t5�..� r :/3 =` N.� r t, ' hr ,1' jr ' r. ���•'''=N. :,1;., j„1�!�fi'r = t '.j r �i �.} {�i 1 t rt' * i.'i:�i i xt 5 }',. _. 1 4 r) . .r ?i �I '..ill `�'!, �rt451/ 2.•.i �� t',t tC'�. ��}r t�Si.t;��' i.'. t •.� Y��rr ' : ',.,., fu :' ,�I:l{/� 21.11�ti te�,'T�. •= N. :i �.,tw �1l >.�N 1 '1 .. t� ._,�>• 3r t'i � ''Yid ! :`.:�A/i i�.•ii 'i �/,'!f3 S5�+/ ,r 4=.f)'��' al��)J sir t�A-`�'rl '�=. 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Y) j a-•,f •"' {E ` r2:-.rs �'{�1 f r� f s}, ; r , t `( 11 IT n ,zrst. i r 1. fi tl,•, r 1} 1 t t's`' 0 7 r P y,, -r t}y} y, h . 1 ' is a r y�St.:-,Fi' N'`R t�} I, ­. I 4 , j , r" f t.'t • .;1 V, 1 1 i i, 1 Eti `i f ` i y Xt ,A I ,r�ii lt.it N •!, S , ` },! I'' ' SIC �,E •r! j111,,".n l !i. !• ., ial i•d+r'F1 Ott ./, 1,'. IT , r , i It t �t'V; r+� I r t� i, .� t:: r° :r Jj Yt: , T� • . , w' ', S f , t ; , irW)I }`r}I `; t It, { I i}r `�{ ,• i(r , t1 Fs I a Ott , tlt"�row+,,+' `S ' rip. •, �J ., c,','�" �'" (c) The right to reenter, repossess, terminate and re��est wi':h ,,;,sib t s, +,s, z ��� >!> �';� , _:� t4 ), � ,� « • r respect to the Property shall terminate, when the Certificate of Completion,i - j, ,are w 1 , 1} r J�1 1 I� '! r I , � I , _* ... :Jr ; 3 AI14 =t ­t•t,rJ2 '11 a..'. G,rr:. regarding the improvements to be constructed on the Property under Paragraph Q E rTi+� {� �loj( t},�Vfr'.i� r► rt'ry' J';4 -1} n{ yiYr , i�r ji ' has been retarded by the Grantor. 1. . , � >}a,.!+c =tt V1 i <A: r ii i, _ t * ' 3 �i ;i(d) in the event title to the Property or any part thereof is ; + r+ �� ��-7rt.� t t > ' rt r revested in the Grantot as rovided in this Para rah 6 the Grantor shall iG ''� t," 'i�' c'! i V r p 1. �r ,k" 1 4: '�,t i,.. P 4 P f A ._, u 1 -1 },yf� r r J I ursu3nt to its res onstbilities under State lax ease its best efforts to ��, . fJ"' -' -� '`' 1' '' r� �4 L' �'`r` resell the Propertypor any part .aereof as soon and in such manner as the t 1 rl'� ;.�;aaY's:'x'i"'! r O - 1,4 ;1,it-,rr ► ,• 'j, r _I,i Grantor shall find feasible and consistent with the objectives of such law anti ;, V ?''t �' 7-:t, , C,}�,' i; C ` }' '+ sl--G'� ;J ` 'i `r • 'fof the Redevelopment Plan to a qualifidd party or parties (as determined by :. t T'� r r'(J ' X' �(, n the Grantor) who will assume the obligation o. making or completing the r , f J3 fj I.,- ^I tv�- .{ :� ,., > fit. iLr 'I , c, • p�:['' rij'1 c� rJItY, , 1 Ga im rovements Qr such other im rovetnents in their stead as shall be f r, r•, ti .>� ''�'rtri''�'^ ' �. it'Jr�' ,', �� " ' 1}_ satisfactor to the Grantor and in accordance with the uses s ecified for such ��•'c= �`��,yi ' yy r 11 rt r,,4Y Y ! `�h {Yt , , �. Jr is 1 y j, r , : , Y P �� r r rI 5 E 2 n' +�,, V, r���'It ` I t '� Property or part thereof in the Redevelopment Plan Upon such resale of the {';�VT„ ii , t `7JN,?;i �„� yI T IF 7 !y �l , r{� ! / �z,;��`' e{ : :t�:, ,,:t',?t,,. s;,, Property the proceeds thereof shall be applied: � ��;;, k�'�4 y, ^1tt I1 +. S' It a }t r +;} 4 J } I . It I,'� t '.J '"•f Y,��r{ r+ (i) First, to reimburse the Grantor„ on its own behalf or( '�` t ,,,tt'� ,r Yrlr �; �," on behalf of.the City of; Huntington Beach,, for alb. - y'I • , t( 'I'J,'r,• `r•1 t }, ;r ?,;' costs and expenses incurred by the Grantor, including '1 s'. ,, • ;,. * ti�� �. �� r!. l,��`I ! ,:{ but not;'�lmited to, arlaries to parse/•tnel engaged in "' {S 3`a _, ��h ? ` -' such action (but excluding Grantor', s general ovrrhead ' 1 `'r» { "',, 1tr?)jirtir�'g!p+ �1 wi ;i' expCrtSe), in connection with the recapture, Y FYI' s ',� ..l {i '�%a; t, management, and resalle of the Property or part. thereof } },t=`I,s :,�"� ., ,,-.1�, };' ` '', (but le a any intone sierived by the Grantor from the ,I ), • ' 'rf `rti,. Fl ,i,afrl ; Property ot• part thereof iti connection with such ` 1. fir: r • { �6 t` ,)It`r,��t �; I k{�+r , managell:$nt) j all taite!a, �sseSSmenta, and water and �R �, «v Itr.,ir• P } fi sewer char es with res act th the Pro art or art �' ' r '' ''l ty�� y 1yt t`•ff Jr thereof (or, in the event the Prr�perty is exempt £rem I r"fit, : .,► 117 v' _A b �t:r . ; ,, , taxation or Asse:;iment or such charges during the '`i3�al•kV -"��« , fk%,"iA.,L}1'Fc' ' '1! , period of ownership thereof by the Grantor) in �•',f' . +; . r , ,,••' i! e ,�'` .'}., I + 8m0unt, if paid, equal t0 such taXeB;; asaesfinenta, Gr w� Sal �� 4! �Z' '+ ^�! . V,,, t;';+,� charges, as determined by the County assesslitg a��1 :. '- I.E it fi'-s 'y,, t�`fE 4. •' official, as would have been payable if the Property a�,+.� y ,. ,}" ",fhb ` '� �' t r ls1 were nut so exempts any'payments made or necessary to 'x [, y , z :; , I.r�%i'«jr,.r]•. ; j,� z - _ be. made to c'_schargsC any encumbrances or liens •s -' ' f.'I, L :' r]j7. ,, 't;AtE I %`,4' .,%,>�, existing on the Property or, -part thereof at. the time �,' ,, J.;R. a'te"'Rxi! >, M r ' Q i 4, ► �• ; - of revesting of title thereto in' the Grantor` or to �} . it 11v {,J• . r,*'r�#"�.,', " :�rr,�. `' =' discharge or prevent from attaching or being made• any ,;' � i?i`s :' tjx,t�`t.t;,} sr'�I. dfault:nornactscofcthco0rantoeic? tsuccesorra�or� r.,; ,r ., ll y�f �t`}}{ iP i f , !r4 •� 1 t r e, 1'� t , at.— { 1 , I i". ' t,�r, , ►� ', 'S II i•A"�(! IJ transferee' r any expenditures *rude or abligaLiana , a #, l} i, E9' incurred with retr I r,• 1,,< ti pest to the making or completion of r f ,r,- ,rk � t"71P 11 „ � f, the improvements or any part thereof on the Property ,,,cr ��: ifi , �, 1 ' or part thereof: and any am�t:nts otherwise owed to the r �� It p,�i(a Ltr `r(1:; Grantor by the Grantee and its successor qrIY r,,' ,.,y "j , , ; � tr t�.,•�, transferees and , � I „ t,u t } t! ! t -1 IV fry �. y }C,:. , j., n ., s,1 r1• : i 1� I If }I ,I!=re, ri` ,i� J'. .a , et fjJ.`JO 1 �.7y, ; ,'1 1.Ik,2i 11/24/06 _ I,- !i k" 3344k/2460/19 Page 4 of 10 4, > tQ ' fin_. ;r I . •,• . at {!„' r' 2.7to l i A li', rT—X1;WTtil'7�.,r - ';*' t. 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I,•.,: '; 1 .` ,� 1�L,.-: r.l f S % r t.''� rrl f)'. j >�i,.t.(r.1 G;. ^ 1, ,,,Ff ".►• r ` .1� a �,. r .i ,�, , 1-o7 ,' 1' �.1.. ,•. �' l-' 1 �f r 51• ,, \y }r .F ty'',ta ff it �: , y ,i '� �...�y�y,ytttt...�'�'�'�f`�..,,, � ,S'i: r:•qr�'' .1•'.r S�ti, .}.,; �, r Ali,.'- ,i. Iq{{,_fr ". t,.-7 ,'?;{rf _ 1 /'.,f :, I ,.t 1•. �`�'�,I'E,.{',(y',;y= iE� f_;S`ty-'?I'),_ �h i't ' •!► j }} ,M Yd• y�, .•r . r tii;-rat /1 ik i3 -'I} S�Ai it ,',.I:i, 1 1:' �:s' ` "'Ly'r"r 1f:'i' •J't,l Jr Iw ..t1.:., {. •1S r, Illty t ;I* ,,`rt � 1�,I1)>I"•M 14'!y K ,} tl t� 1.�++.�.. I, R I.11 i/7, n } .:.t r: �i7 ,r'� '!„ S 1a " •',V'}k�; (J�t V—" ;)I}ri. •'�' S l / t ,.,!(:.. `ar MS 7ti `) ii 1 a1! ,(f,_. tl ti, :r. ,. v1"` r '.ji.".{�. .rC�, } sir'• t - „..i •r 11.•`�._t. 'S1/—: r� l fX;• is „i•r ,, tr., /' 1r ! !' F �=' , " :r t, 4""'''r: r r•},' '{tr, ,trf1 p�f7fl (� • •..•.. ,1 .•.I+•-r •V'� }`1.,.r+Ia, I�.y, .,ILJj.�rr .. :T{r' 11I ?•t -f 1: 1„1t 1 r �; , 1 1i -', S ! ! t /7 r,>fti '.,, •^\..1„ „ - z � Iii , - i •', -J' t, ;I, 1 ,1 'E'S/ I(! ,,I , ' , I *♦,;1, 11'1 } _ I. ..._ �.•__ l _ : _ , . , ` .. ,?,• '!. - . . �S _ - ql. = t , H 1, Ir IV UAL A ! H f � tw ,- .!A - It TMlk 1, t f �A� . 4,1 ff % v X tit, 9 jr e; LYI r Wit -ij . Zt 9;;;X lit t (ii) Second, to reimburse the Grantee, its successor or V4­_ transferee, up to the amount equal to the sum of (1) the Purchase Price paid to the Grantor by the .i J Grantee for the Property (or allocable to the part thereof)l (2) the costs incurred for the development A, of the Property and for the improvements existing on the ilroperty'c;t the time of reentry and repossession, Al less (3) any gains nr income withdrawn or made by the VY Grantee from the Property or the improvements thereon. (iii) Any balance remaining after such reimbursements shall in be retained by the Grantor. (e) To the extent thfit this right of reverter involves a 01- '.I forfeiture, It must be strictly interpreted against the Grantor, the party for " f whose,I)enefit, it is created. This right is to ke interpra�ted in light of t1le fact that the Grantor hereby conveys the Property to the Grantee for development and not for speculation in undeveloped land. 7,• The Grantee agrees for itself and any successor1n interest not tv discriminate upon' the basis of race, color, mad or national origin in the sala, lease, or rental or in the use or occupancy of the Property hereby canviiyid or any part therenf. Grantee covenants by and for itself, its ......... successors, and assigns, and all persons claiming under or through the -an that i I I �11J*11�1 there shall be no discrimination against or segregation of, any petson.,,or groupI:"Of persons on account' of race, color, creed, national origin or ancestry In t1ii 'sale, lease, sublease, transfer, use, occupancy, tenure, or, enjoyment of,the Property, norshall the Grantee itself 'or Any person claiming under or through It, establish or permit any suchpractice or practices of discrimination or segregation with reference• to the selection, location, number, use or.accupasicy of tenants lessees', sub -tenants, sublessees, or- vendeen in the Oraperty. The foregoing covenants shall run with the land. a. No violation or breach of the covenants, . 'conditions,, restrictions, provi'aions or limitation's contained in this.arant Deed shall defeat or render invalid or in any sfay impair the iiin or,charge of. any mortgageor dead of trust or aecfirity interest"permit.'aied by Paragraph S(b) of this Granr Deed; provided, however, that any subiequent owner of the Property shall be bound by such remaining c'ovenants, conditions, restrictions, limitations and provisions, whether such owner's title was acquired by foreclosure, dead in lieu of foreclosure, trustee's sale or otherwise. 9, All covenants contained In this .Grant Dead shall be covenantis running with .'the' ii'nd. The covenants contained 'in paragirip�13 5 and fi;-and Granteels obligation to develop the improvements an the Proper ty.',*p'roVIde: d - in Paragraph 4(a) of this Grant Deed, shall terminate and shall, becom r, hull' and void upon recordation of a certificate of Completion iss'ued-by or . ,ntor fer the Property. .Grantee's obligation to maintain and use the improvements constructed as provided in Paragraph 4(a). shall continue in effect for a period �1 ten'(10) years after the date of recordation of'aa certificate a', 11/24,186 3349k/2460/10 Page 5 of 10 WORI- �I: L A.) I NAP— .91 Al 171� ".0 A, 1*Aty, 3�7 A q U W 1K "T tt 4!, r, 4; -- - - -W "`_'/A.1 11-_11 � .1 - - r ­ " '4 �n i )rs ;�.• .., ,{�yfJ t t 1l ♦ j t R f/'y, ,. ."F - - r- _ 7 , ,y4 1 ti r ji L f q MI L °... 7�!. e'`�� l .. 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'� ,_.a; 17 r:.. ,S i/., ,i �'5 .. ., � 1 :,,.. ,r. •f f � ,,L ^•M r4.!t� �� •.. vaSl,. .rt•.,.; tv .. •.:.',' F .. ..: ;. ). . :..' "-1 {! .-i• 1. ,! _'! . , .rit.4 „. J� yam•, c. „✓ ....!� ,�" -,: .-l+f .. _. {. 1. _.�.. ,. t. .,.r .1 : f.r, ,._ •ri � 'q ,"" Y ,u'-. a .. -.-, ,t, ..., 1,,• i ,. .1'•,.. !, !,`, f• r',�� ,i •', i, �'ii .j i� r1J; t r. 'rY .•� •`y ,, il.•'i*�«-� .:.., ,•,�.., ;,1. lip_ � t ,r,13 y ..�.,•7 ,,,•,.i' r,� •^'r�1)' ��. K ....!f. �.., „l.p,.,.. � ' !'�t , i . .,., . ,,.. .., .. ^-. {. t•i rfl :r•• .e,.yi{.rr�f' ,.ice/ x s ., ,..,. �,. rr• i� T 6i, ,,.:. tc, r t^sfY:.a '„ .. � 1•, t ,,) •j ,! T1' :!'t `' , y�''i i�(�, ,{..',' i }y 1J { y�Y'o• ��.r ..,,,,.,..1 :7'� .r :. ,",..y*.%,... ,_ ..,•J�yd t ', .0 `: lr . II ir; ,r , :l, ,Z. (•' i, _:'tR.•t- _ ,t r:L. t,; ,., t, x . n. +., y+•• J'•: ,.... t- r •'y,'... .,. .. %14 7••i*� '."r.1+Y -..- . ,,,,„i ., t..,• {% ,:. , ' 1,f,'Y, .i, wt si s': •'r` f�i `, •�,' j i , ;', ,� '-% , !� ir' "'� ....,,,1, ,: •: _., `.•. ,,,. � ,._ 1•, , ;. , -il• 11 �:r'. j'f ,i' )� ram..).. .W,•3�,�tt+Yr"�..,„,,+.. {n.. ,rp�e'�trt,.�Cf+�?a, it tyy`-. _{I1l,M1. y !,,{Yrf-r;.9.;}.;-r►l•h•�,{'..'",.! �-. fAY.�,:%.•-.;',•r'rrY. ''.��V♦1 .. ,+, r��:�'{.. i..�7.1.F.'titi r:7.,'1!'N. i ;�LC),r :. 'fi,Y,>,.M:':.�,I }1�,Fy.-.s, •�rIYiv.•1}�:... a(/�:aI.4., .i'^''ijt• ..r:'!r. rf,, Yl;�./t- r.. '1"i+' 3,!J.•+fi rt' ''S,S✓ll 'i' :jf,, �:'f Ir �!i r.,.1i1'.,rr + �,►{�i4''%1�!•..?:...1 . ! ?ta: i,I'r,....:.'(,yf,,I{,,.I.. 1,.B}.♦(iIp..' tl�yj(. h -_'i,tile, N. Yi! fi •y''►1`.►', .'. .+. .`� r,i'• �!i 1'` i t ! IMT �, • y f yy.y! x i ` "A 1 A ,• •ir�i,'). t�• 1 4:,'' �►-, r)��r+"r}Yti'T')..R R��.f.i ,; .. i� � f � "Jti+n.Tl rFftks 4-��/�►'�J`,::1 {''��. jf� t;rr, '� •3.. ,r s , w�' �J••t��l' •• + �r• •' • R �? , j j� °• �' �`��r��k'•� �Y r�+' t ► ' ',t fl ;I'� Completion issued by Grantor, and shall terminate end be of no further force u`'''.. i. j rt'1 tl�•, { t �= 5 � ��itt I>4 i� 111.t 1!. +a or effect at the expiration of said ten (10) year period. Every covenant 1.'''�'� a �� l�•�,�'x ' contained in this Grant Deed against discrimination contained in Paragraph 7 f'~'Y'{'. <a,L'�` x,�' }'' ��ttt`x l � �t •1`,�: of this Grant Deed shall remair. in perpetuity. , 10. All covenants without regard to technical classification at, isignation shall be binding f&r the benefit of the Grantor, and such Y ' •: ti y� .'*�a#�1+r`io•ienants shell run in favor of the Grantor for the entire period during which r g� trr',,''r=`r<<st' {`( t4 •,� t✓ rE', 'i'' ' such covenants shall be in force and effect Without re and t� whether the �1Q`'� .� �r it r'rr .:.r �)ys•7; � � .1lr� Grantor is or remains an owner of any land or intornst therein to which such covenants relate. The Grantor, in the event of any breach of any such r}tl t 7 covenants, shall have the right to exercise all the rights and remedies and to maintain an actions at law or suits in equity or other proper roceodin+ s t Y 9 Y N P P -9 0 enforce the curing of such breach. ,�i '��" � �► � i �+ :A, 11. Both before and after recot'dation of a Certificate of ''; IT>tr7 t1w2r a�, �,,�, � 1 � r��' Yri ' �� )• '.'�) - ' flit i , I "'' lli '. "•' {1 �• t S ti r Completion, both Grantor, its successors and assigns, and Grantee and the }, �A rtt,.�; successors, and assigns of Grantee in and to all or an; part' of the fee title '�' +'t to the Property shall have the right to consent and agree to :hanges in, jr to eliminate in rl►hole or iti part, eny of the covenants, aesements or restrictions �` ' f7?> •'+F contained to this Grant Dear itithout the Consent of any tenant,' lessee, r , , �• j r ' ` `'' • ,; � , easement holder, licenses, mortgagee, trustee, beneficiary under a defied 'of .7� trust `or any other person or entl.ty having any interest less than a fee 'in the Property. The covenants contained in this Grant Deed without regard to .yam 1 1+fit ti r `� '• technical classification shall not benefit or be enforceable b an owner of ' Si 4 S`ye)`t�,..i rrl �i YI I !Tlli ,' r'ks71; rFf t,i ''•, p ' p y r outside the Prb ect Area, or an Y y any -other, real ro ert within o j 'y person or ti?r"• 1 �,�` ,�rr> i,r''!; entity having any.. interest in any other such realty. Any amendments to the " 1 Redevelopment Plan which change, the uses or development permitted on the Property, or otherwise change any of ,the restrictions or controls that apply �,.) `4 , yiy �;`�r� �,•, '1�.�/ to'the Property, shall' require the written consent of Grantee or -.the t�' t.:[„ ,� It.•, , ta.� successors and assigns or Grantee in and to all or any. part of the .fee title:.. ;?.;�j y •" • ' '' �',', 1+fY to, the Propertye but any such amendment shall not require the consent of any'� . f 1 I tenant, lessee, easement holder, licensee mortgagee trustee beneficiary i'� ► rf Yrl +I �rf,r� Yr �.. ,���:,.;- t under a deed of trust or an other person or entity having an Interest less r Y P Y g Y �,;• K .•)�7 �. x f�i 1,..� than a i'we in the Property. 12. Except for Paragraph 6, the covenants contained in this' Gratit ) x Deed shall be construed as covenants running g with the land and not as ,,,\((( ul�'w:Fi iJ,#it,� ..•�'s,, eanditions which might result in forfeiture of title 51, ` J1' /to- '�t: } frit lti' Sr +ter 'ii• R Y •b�, �'•%�,t' �' 'rti �r,�1i.A�J,� fy�I�l�l,�j r {},M• � hff�f . 14 VI ,, _ � i• �l3i µi i J1R 1 � �Fy`, q• 21/24146 ,,,.;� 4 '. ,, {��a r• r i 3�: " 3349k/2460/19 Page 6 of 10 i Y! 1j' ,.. '� + = Its .. • .. ,. Y �! 1 T:i'� ;tw ►T:r . •' . „ • I., #r«, , =�u��s•f,-f �� AM'R , (j a ) ) l ,. .tr .' r_ t 1 R ,i•• 1 4 f : i � 9 � : , f�, ! + t�'! t tk4 i1 7 r •'' L- :::'� �} {{ • ' '' • �y � t J .r•� .-` .1r t t ,''1 ��,`,� •i� n , _ Ff',i rr t ' i' ,.': .•�'.t .�. ,tr � ' yl/fiZ�,1��y�, k�I.�.i� t''`1R� t,ri•Ji'1. '-}t.•!,r ',i� tic'. i �. >1�).� r. }�„ .:.j• 5 ),,, •.�: �: Ir'. 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'�_ •i - ♦ t. r� , 01n 1 •Ili+t` t t i ,�t}Ibi t' R 7] •) .! 'f� .. !i' r„ ry? ay. ;, i � ,lie• �_� � l . it - �0 La P T g ,P AY - .-t 7 t jA 04 '511 r. 1N,• P 41 WOW I A Tj 01 MI. kt!!�'�li a7 tx z -fL 1 t , lfi' . - as t ti t t MS' f, ,t �j ,.. and Grantat have caused; this IN WITNESS WHERM, the Grantor ) V instrument to be extcuted on their behalf by their respective officers A day of ��3: �t ,, hereunto duly authorized, thii ON BE I AGENCY DEMOF ti M I ACH ,;6 ll %1 •J JA. t 2i tha 74 ByL. ZeOL 7 e Clerk rM BEhairiRONT LAKE STREET, a California fil t rti "S} limited partnership r. By I Genera artner Gel e00 krartner STATE OF CALIFORNIA COUNTY OF, ORANGE 01!am` jq . Cal I before e, a Notar.P blic of the State of arniasilersonaff� appeared k'nnw'n . to .4 me to.be the -Chairman, M of the. City of H'unt-i 6gton'Beach and known to, me .to' be' the of the persons who executed the witlifn Instrument an behalf of said pubi Ic age.nEy 'and, acknowled4ed to me that 'such public agency executed the same ---------- OFFICIAL SEAL IEVELYN SCHUBERT OFAMOEDWIM My Comm. Eso. Mew. X4% INI 3349k/2460/19 f Page 7 of 10 p-n - MIT . ' ti' 4,4W -,-e N _-N. -,k I I , ,I ♦ -j"I'VI 4. f.%.-11 c- - 17VI V. I q Q x", 4i 'j At 17. rj ,,L, 1A, §�f It i4 0 Al, T, R _j" f i,,yj 0 V V,­J! 40 t, tS I to "-o , 'Jn =10"M t;t Po 'i'Y _.' ' 7 'w t f ._. J.... tr, I�rr•` rr .'�., }.1 /t.ry "Z � • .:'.rf. •1. ;:. r, a: �. '.: is :�[` ii %. 1 ,� ;� ,'. .i , ,•i, •.,1 1;..ti t,.n x : �.- .,,!/ .::;'..-:.>..-,'.. ' r.,:.:'. � 1 4i •'.+.' .i i. i. •!'; <' - 'i'z" lr: y, _, .•,, . >< y., Fr.rt�<. �-'.lr�,.:; ;'''•�"'! t; j t, i1 :• .4' 1 , I '(, �• .o :J'A'r J r,.,t �! :� 1 Ytt �, a .,.•,,,. : •. �. ,,,.. ._1. ..... 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Ott- v 1if' It%•r 5 17ZJ-G��y♦iAt!?{ti1 STATE CIE' CALIFORNIA F. t ITf A�:iitTf A 1 7 it Pl f•�! } t • ' PS , fi jy Jlry''.' \i� f FT , t' j.' tip, ti r 1 i't! 1 COMM OF ORANGE ) �f't ,iijt�^{4 j ��T • ��t'�, (( Ss }J�.S, 1(r 1.1 ,�';*: r!r't Irl L�`c�u�it 7•lti �`' Ii lf,' �1 ; �'+�lt •:'(��j►'�,�'C ` �� .1iaa! � exfl �111y ar �}'", ��f ' r u t �•- ' � .r � i' ' A' ry:• °�� rlrl ��s r,. t`• ♦ .,• ��! r •(! 1 J �pH �1! � %i� at t i r • t�:r �, 4 x On this •$- day of ,�'ZtM�y in the year !1986, before -� t 1. ,�! ) x,, �t . , , ? };rr'�i►) j1` me, the undersigned, a Notar u is i 7 ' "" 7�fo aiii. State,r+'�s,rS`tt� `.t !r tY�►itir rill` personally appeared + , ,}�lr „ . personally known to me r L$'f, ;, s'�c,z,�jl to r,' X`. ., IF etani evidevnga4 no be the person who executed this instrument its the Ceneral Partner and ac]+:no'rledged to me that Y'.IIx" �' ���'°�•'�• r 'yJl?1 he executed 'i t on behalf of the BEACHFRO T LAKE STREnTif a ' 1 California limited partnership. 'i.',`! 1�'s {) •� ! fY�y}7� `.. 1 ST�i ♦ a J J 1 1 L� .:.H ni "j: i '�s�tr }? r itr^r ,� ,t .�, I � w ft� • h s I. �� �9lrTj�r trsi tri ;,� `'t ` t• �i� 1 mot, n�',} / r - - --_ - l Signature of Notary Public OFFTCTAL s%AL'r t� Tti!yu ; ri; her JANE REILAND ,, ,•, A t T 1 s r �,, / t, , . � NOTARY PUBLIC • CALIFORNIA Lus ArfI01:lES co'JN1Y Alf P:OMM. $'Wet JUN 2 r l( A r t �• t'�`}'yOC"t' {f�•'tir , S4 f ti"rr 1• y �y/ Sl•/ITE OF CALIF001A) }' ' C00NTY OF ORANGE ) "1 On nia; 19 befo t ,•; t 7a 1 , '� i Cal for pe re me, a Not; Ofthe , persona ]'Y appeared ,y Public le State of "d Alicia M. t . ;lof'the Radevelo pAgencyentwort Hewn tom rf. me to be the'Persons who execut a to be the,.Clerk, pm .nt ,:'t' �. \� ',�`� �� .i•l,�r�t.«r".v. of the Cit , y of Huntington Beach and known to . public agency and ed the within instruTnt fit• 1 >�l acknowledged to rye than such public agencyeexecut dsl:he c•r F i tl a+: ` „ (1FFlCiAL,SSAt . 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'.�L. . � -��;'- F" ­­ , .1 IQ , i ,,, � .. .". � `, , ,- . �;, '(. j -_ � ,. ;,1 ­!1 �. ­ �. + , __ "" , ". I .;­ %., 1� i 1­1 �t . - , �, " � , .., , 4 , I , � f, ; ) Ij $ " :;-�-` ,- -_ ., THE LAND REFERRED TO IN THIS REPORT IS "", , ") .:Z, �. ��,*.' ;_ " I- �.., ..� UJ; A , -�) .;'. �,, , � _. - ., - g �) (� U I �' ., � ,�'."�'_��, �: t - ,, , . � 01, - . - " , tj � . 'i, , .. p , ", 'A" 1 SITUATED I N THE STATE , I . , ­­ I - . t­ ::',� I :�. ; 1. . i , ,,�,_ � ­ -1, , I- ­­ , , - .. . H . , ,.,, I•, � ,_ I , . _111 ­­ A- I I I I I � - w, :,�'., , -�j 11 I � I , ''. � . I", . .,; ,, _ :'s, I .�­p�,. , ,i-'--. � . . , .11: � (r, � ­ t,., �­ � - t-, , , i"', ,�!,."-- - _ I - ,­ , " 7' " ­­ � " '0-� �.. '.'j; "' " I .4 " , , , ". 11 .1 - .. ­! . . . I ­,L . ." I 'i4 � �, t f ,�- 1C, "t!` �'4,_!,_,,,, . I II. ! I I, y, ; AIk ., ­i4 I—, ., L, � rt (.- %_ - � 1�1t" .�,), ir, �1 6I I (. ", —JII. 1) .' 11- "xI - BLOCK 604 OF MAIN STREET SECTION. ,1 -- tI �'. "-4 z,-, "�",� i �, Jk_( . T . TOGETHER �t, . I ' � - I I .1;..., iY. � .., Z­!�. Q " v Q 1Iro,-.1.J j. . 1",1k�,,Z. 4?_9 ,­ .t , , �` � I �j 1iLANEOUS MAPS. RrCOROZ �-�( 1 r!� _1l?t�11''t"" I "" ,'. j j ,, d,,' ,-1­t(�i,03 ,"��,t�1: 4 t., 4yq1;.14"k"),111i r_ 74� _ fl.' '. ,_ji�s,v11I I OTHEkMINERAL 04 H�DNOCARBON n(r�tiVto I'-­t , , I I ,s%r '! UNDER OR WHICH MAY BE PPODUCED FROM SAID LAND. -{ ,t(,)V f , ',-fFii ,, 4, .4 H H THAT LAND A'A.4i­0vt11?,L] �'� I-I­+k, t %r,Q,, %- 1ev, ,,') PLANE PARALLEL 41TH AND $00 FEET BELOW THE .jl_,1,j �.r,.,�I_1­ ­ ,I.,,_'4;L,�,,,�I;iI��1-I,I,, 1. Y.. i­;l4,,�"�41!It'.0-­'I1 j�,, Y �1:- ,,II ,..:-� , ,­;�.,.-� LI -��1.' .II , )f­­ "., ? �1'-, �I 7­ , W77 � .- .FPROSPECTING , �,�.. . r 4 %",1,I " r0At ',,,­t I,I PETR iL!;-.,j �. � 1,I.�,.1 -.. -%"- 4'..­ -r' F I., r­; ;­ ,.��;, ­�fioi.lf��I1�jf 1 W 1 .,. " , t -A � I1 , 4,,,1 .-, T Z, , f - , - II * ' : j - "­ 2 Jo � A) -L-4� : ,,. r7W;i LL l ,I I� 4 J. . , ..,j � ,i -1' 7 , ,. 1 j. l ,0 � ;4�11,j�,-7ti�oIii'� ���� ji;. T ,tj�,jiL",;;1n­tj3WI ;_,TA1.Tt;jP;i OF SAID LAND FROM.DRILL �it,.;,­r'A.j­)A •, ",,f� v� ;. �Ii, 'iu`IIXY�k1c""r 11( � f, k�f,,4­pt ,)AND ASSIGNS. i%A*�1I,14 i �x-vtpOUTHCRN CALIFORNIA EDISON COMPANY. ITS SUCESSORS ft;jjj,i`-4!�,f�"t_k, II �-r4rIfj'Ajjrfp(,`ti"1I SHALL HAVE Nt- RIGHT TO ENTER UPON T I a )4et,, fu �I.. ',­?; 1­.fi ,. -�T I TO D ,JelJ1�vS�3,,­%'jL. 1tIYNi,,a4J A1j) ivEp,rH OF 500 FEET FOR THE PURPOSE O PROSPECTING FOR. DEVELOPING tV.-Wq,�i ,., V6i)�P­.­,51i V!I; 14 RACTING SAID Kat".il­• -5 'H ��f1,p4"l 9g,11) r "I% %7_qv1._.12;1'e) C1tf.P� -,��) ALIF09NIA EDISON,COMPANY TO THE".?Jt'�(`1i"1'JA,`."PE YOFHUNTINGTON BEACH, RECORDED ;iiA�*6J�z"U'l� , IV ; J, tI.. ,%%,il)�,A,�"1�,"-- t tD,3I' , 'J);I, "ih;,'f"vi2,,It! 11v uj1v Vje Jj1� I -I f_( I%;e�,1-OF MIESLEY PARK 6I.,," -r`Sa ,",) j, �_,,-s ,,,��- ," 1; 4N"Vt"IL _l, ;�,WITH THAT OF HARTFORD AVE."iUE ADJOINING. AS SHOWN ON vA ­l� 0-II t�!'IVi(f�'Iv, "1I k cr,`Zb�i-01.I 1"*jt1XV %", ,'A Tjc! I ttkt�Av1­Ct � �t"�AI .','4 /1— .1. Insr. w,�ft ,s� L�1,.A��,p,Vl,41, soS4Fir,;k," ")i, Ik)__'�.1l. )i T T BON �'u jx,,1)6sc j%lr.;­r'0HICH r`�, i, 1�I-W a. , '. ".1-'j." l;� ", TOGETHER W:TH THE RIGHT TO USE THAT PORTION ONLY O : ,, -,,J', "-u4" 11"CH UNDERLIES A PLANE PARALLEL WITH AND I1. T 02vI.4500 SURFACE OF SAID ,,.1. .qi I,'�I' i • EXTRACTtn� _,.. I ' I--, llI ',J,A, '4f,'. ' SAIDRAL D .,,;0 - ,I ;t111t, V,2A"41SUBSTANCES FROM SAID LAND By MEANS ',. -,,, . !�tj; r:,t"4ri,k_r4,_� 6F WELLS DRIU.ED INTO SAID SUBSURFACE OF 1tPov_ISAIDLRILL t;'" .Jj4­.Wi. 1--4,,%ltl%? a;LOCATED N4."" l'l�, �,V11.1 q,e',%.tjt"! f;10e 01.j w;1, ",k [11 , ;r1" 41 �e1­1(4tV��.4,;��,�t ��" D i�_vii':"4r� : ENTER' UPC" THE SURFACE OF I q, ; A,� " i.,%C-­�""sik,,4f- 1,I." _4."4;1­­I I­411 y, p, i,}­,jj,�i;j'01 I 3.101111T "A" - �, Fj.4 p7i,q.­_;­,L j,, �� II11�� 1-1,,N jf, & _-�" I ,�i(,,L�,.�",��t?. 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AS EXCEPTEp IN THE DEED FROM SOUTHERN , ' 1 CAL I FORIJ TA ED ISON COMPANY TO THE .CITY OF HUN T INGTON REACH . RECORDED ! �` , , ; ,f'' �r�Il4 f ,- , t {`! Ji1NE 20. 1963 IN BOOK 661 1 . PAGE 15L OF OFFICIAL RECORDS. N "T (.,,� , ", s i :1 l�f J' I�t t,.A r.,-A t r .} 1 PARCEL L: 1 r�'it ,K�. ],� : `I Ik ,' 1 1, ± r) Y 1, ,fit, t t THAT PORTION OF A STRIP OF LAND pESCRIB'�.'J IN GEED TO SANTA ANA t{.,,11I. ! ,', rT �r ti; J i t' r I t �` AND NEWFORT RAILWAY COMPANY. RECORDED JUNE 14. 1859 IN t300K r �? h i� d.1. PAGE 66 OF !SEEDS. LYING WITHIN SECTION 11. 7GV1N5NIP 6 SOUTH. 'tL', £' Z-1 I f;'' F ;i' f�` RANGE 1 1 WEST. 1N THE RANCHCi LAS HOLSAS, AS SHOWN ON A XAP RECOROE7 '`: ! t`t ,�� " ,I -1 + ltrJx'. IN BOOM 51. PAGE 14 OF MiS(:ELLANEGUS MAPS. RECORU5 OF ORANGE . t,=11, Frt�1.7� Ja' i41. t , COUNTY. CALIFCRNIA. 80UNDED AS FOLLdWS: ,'` r't' � _-,. , � ;Y+M 1, ., ,1, ',3 r .', 1 , � .r "' � ', / ' 'i NORTHERLY BY THE EA5TERl.Y PROLONGATION OF THE SOUTHERLY LINE Sit . } �11!°1 ?", i r; OF THE EASEMENT FqR STREET CROSSING PUFPOSES. 60 FEET LN WTDTH. }� � t:- 11 I ;1. i, .'. ! I. ILYTNG BETY/F,EN ©LOCKS 704 ANU Eq4 OF THE MAP C1F WESLEY PARK SECTION, 4,T iJ h tr , rs" ,lit `; K ! �_ HUNTINGTaN BEACH. AS SHOWN ON A MAP RECORDED IN BOOR 4. PAGE °,, `E ' ? ;, 1YXc, � �{ 1 . , �.: ii. " 1 i OF MISCELLANEOUS MAPS. SA10 STREET CFi03SING IS NOW KNOWN i ,:-`; 11 r �F J f F t 4 AS INOIANAPOLIS .VENUE; AND SOUTHERLY 8Y THE EASTERLY PROLONGATION >>rI , ! ''' ' . j,' '' OF THE NORTHERLY LINE Of- THE EASEMENT FOR STREET CROSSING PURPOSES, r4l,�' 1r ;1I, � ;_ R� i x (} r r 60 FEET IN WIDTH. LYING SOUTHERLY OF BLOCK GOd, SAID STREET.yI !r `Y F,,'s `* J :: ' r '1` GROSSING IS NON KNOWN AS FRtiNKFORT AVENUE. ''� `{�`, w 1 Z t4l' -`41F I�Wi r . tijti 'y 41 1 ,. �' rt i 1 f S t l-q f E,•� 0f r t ; 4, r,, J EXCEPTING FROM THAT PORTION LYING eELOW A DEPTH OF S00 FEETA.{F , -tw 51f1f , 1 al a',': . ' ` i� '' TiENEATH TNT: SURFACE THEREOF. ALL OIL. GAS. ASPHALTUM ANO OTHER { -,,�� c,% ;_ , . a r r s l•a r' t t HYDROCARDONS AND ALL OTHER FISSION4LEIEl MATEF�IALS WITH!N OR ,y� ,4 l:;, �. S f ,••. _ I! �1 1, -+ T ` i1 IF Xt r.. ' ` ` tJ' THAT MAY BE PRODUCED OR EXTRACTED OR TAKEN FROM THE SU8- S00 ; o�?, ,j,., t I t� y� �!['! r ' r ` i - . * Ktr ` "`,•M1M1 �y �V,,,(((;;i,,QQQpSSSiii!!! /J �7 PORTION OF SAID LAND AS RESERVED BY THE HUNTYNGTON BEACH COMPANY x "� ! IN ACED RECORDED JANUARY 30. 19t37 AS INSTRUMENT Nrl7. 87-055296 1', ; +r }' Y 3 '�' `, k ti .�,, �I OF CFFICIAL RECORDS.1. 1:.".'• };'„ ., ?;. r 'n..,n s t"s e r iM i* rat M M %�'i ] .. 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Fast. #S F1, 4 -1 T NA -. rir � tt •!!Jt .!`.... �:, C' :� � - } � {l .i r/ ,Y Ty , ` � $ ,l; V! do EL • Ow, it J I Attachment No. 2 Z LEGAL DESCRIPTION cA Iliat portion of the sckith one-half of Section I I Township 6 south, Range I I west In the Sta"e of Callfornlar as olsass diy of Huntington Beacho County of Oranget Rancho Los B r , ;� t, �( :rr � Ite3i,} t ,r I Page 14 of N11scellaneous Maps Ir4 the Office of the xt shown on a nap recorcied In Book 3 described a! 0'lows! order of said Countyv des County I`c %Irk Beach, Main v 77.4., corner of Block 604 of Huntington Beginning at the south West co T -1p 5 3 Page 41 of Miscellaneous N1. ed In Book cord t section a!: per map re Street In the Office of the Catinty Uecarder of said County; thence north 795.1 ..... . extension and the feet along %lie west line of said bvick 604, Its northerly exte tion, Huntington Beach, as per (trap14 west line of Block 704 of WcsleY, r�ark sec 1Z Ott, + rotffice of the 4 page 17 of Miscellaneous Maps In the 0 Y) recorded In Book on, Recorder of said County; thence cast 172.1 feet along the north line County of said Block 764, and It7, easterly extension to the cast line of a 40.00 wide T, lyj,"I t Railway e Santa Ana and Newport strip of land as described In the Deed to th 1� T 66 of Deeds, Orange dune 14, 1899 In Book 44, Page ny recorded 3u ; v Company t; Ay Al A A� jq cast line of the 40-00 feet strip said Coutity; thence south 793.1 feet along of the so k�l ukth line of said Bloch 604; thence •of land to the easterly extension 1'5 ie point of beginning. feet along said south line to 0 west 17 1 2.1 'M 03 U­ IL 1648r ;ki N Ir Wi I-( IMT "Odw-_ Io Ik QI IiV 4. -it An Of t viv V it t Ai _0-" 24 11 ;'4 1 It -1;Z, 1. 34 ijt " I 0T1 .-V , 140 A 7, -t", -TI f '11111S ko� t1 _) !►' ..!"I, 0 ..,, 1., , ;%I ,­�'MI 1!-�-, 4f,t�, I�,,,*4.. .; s.T ar � �I. 1.. 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IF-� , t.•:. 1 ,r.: 1:......t•.,..,1..>.i iT1.0I:,.........-.?+,a7gra. i..: �.Y2,1a.... . ........•..u.. ...o' ,..c�'a.r�..,...-.-:x._.;,:•r,df:/3:•aa.....,!'.•.rtir.i•. ,._..�1,. w 7"FI 'e�•'d1��'�4�'}t,Yti.�'i ,y. t r �a ' sjsi'i,-` r.1 . i'. !}rit ,LAY '` 1 r Vf .` .1• ' ;if , ., 1 ,I R,•,r+rr-4 ` •I 4 r < ;, t �, r/Y: ,� . .: ,:i`rL n J ;a{; i S:.0 ry 4 r ,i: ;1LIt :`. t+I ' ''' I`It CITY OF HUNT I NGTON BEACH �, i t ! ,,t, " xt% ,�+ `' I1Jfc REDE:VELOPMCNT AGENCY . ;rw! , '`it�- j "'r _ D15POSITION AND DEVELOPEME:NT AUNEEMENT ', ') i • _ ! ;, , It '' } 7 WITH j Ir.J' 1 .CtI' st,f! f d �^ *`-'+ I "It ` ­f FiEACHFt20NT LAKI: 5T. A CAL I FORN I A L 1 M I TED PARTNERSHIP I' t Its;'; i f , 'y l b ' ''� rl 'fit + '' SCHEDULE Ol� 1'ER1~0RMANCE ` (iV' i .�F 1 1r: i ! 1 t{ is ) `} 1 {, '; :t r,',,'y • tom. ATTACHMCN'f NO 9 tt 4'�`}' ,0l . \` ,' (► t t rr 2 +� ; ; ' l _ 1, , ' ' i,' I . GENERAL :°FtOV I S I ON5 i) ti /:;fir t�I, JI r . r !< '` 1. E;cecukian of Agreemont t)y Agenry Ac;rcembor 15, 1906 �r + f, ; 53 5td " t '+I�' 1 2. Submission of Good Faith Deposit Submitted at atcrt t� Jf''J'f , • }- rx c ct + _v <t r r y'frt i!I't� ' 7+. Ot 4jXCIUBiV@ '•o! s, rct r 7 5 r ( Jf 1 1f } +!r'r 1 . r p@riot!• !! t e 1i i'!r Ia: r it /"€ T '�� f 'S , )]� ;I ` ii1", - , t}jI, C , ,1 ,1 11 4`;t' II 30 Fubmiesir�n of Subdivision Map, Fobruary 15, 19t37 >'t3, �j;�s, `' �. )� Appl icution for Conditional Use Permit►_+ Ji1";,r tt{tr „`:#,,? .fs. ' Conditional EKco than, Coastal Devel• f,t"'''�_,, i + P , �' T 'n r ;,'` optaont Part�it & NegAt!ve D@claratian. "i j?#rI ,.t �' '' ,', +)11'" j :: 4. City Rkaviev of Sralbdivision Hap Gacplote by ��`'t`�'!'j;k> �� ';��r\ 4{14- k. € 'f J i. March 15, 19E17 i1 ti ` It, :,; <_i I,t- ll 1111 �k,+ ! :,t cr j- J" + t►`'S ( tt ��'rr G ; r! }s' Lit.' *tt +'I ,; ;"f` "'� 5. Planning Cotamission Nearing of Sub- March 17, 1587 t}Zse �r,?rLr} {��1, .K F t' J T"'r fpt division Map, CUP, CE, & CDP ,laI 111 11 01,1 x, M � t ',�,' ,� . . ' '} i�� Yf n1 i i t x � ; c .^ t,�, i •(t 1 kl t t Y ib t ,h + t t' t � , jS } 1 ' T5 1: I : ; r° 'I , 6 . Couitity Rev i eN o f Subd i v ! s i on Mt�p Ntzy i� , 1987 � ?� , ,! � ,�f x I ' �f t { t " .t. i! r i 1, T4;'-1 F'k r !'it,})�i411o, A �ij .N.--FFlat - f }�� 'f , 1! k.i F It `{.ti 1// +x f t1�.r{"}f'''it , ' y !` 7 Submission a! Beni n Conce t. Drawin a January 1, iS67 1,': '+!�''}�' i I* ,,I (t ! �;,ir tom" f � J LLI t'•! T`/L._' 9Ai !.. rat lj :74 t f ti�"' t� { ":l - � �`��F! ar .l+1. ' 1..' ` I ,T'L1t�' ` M ! ; '�'� I - 'Jf + •t i1 •la.{r &^' F i.4 Y 1 �F 7 R , i. }., .t. r1 , 1 :�::» Ji/! ' t l.r•J ! 1^'rl a7iTl. t. ti,v,�i+ ' J { 8.' !►garioy Review of Design Concept Drawings Three Weeks t7't.;t fr ."I.N,, m ,, ri Y` l t*... r X, r;, 1 ;, ' + of for Submission, ,, t;,j,,�r r .., t•-j ai'; y',t �74is jr. rr ,. , nOt let@r than f�,l'+1Y`41:+ �.., fly y t`+ _ ��'`r, frr " ay I'T, ; ,� zi r ! r7 January 23, 19d7 ��f1;`� y,^l,'' ., r,#r'I% h', , .. ! ,, r y r r" 3tr "7 C t K' c? r t r• ' ! i7rpty r'- "F i (\ - �: w. i ' .J k�l)7,S.1i f" t w. It rz : ; ` , .l t l,' 'yr �', 9. Submission of Construction Drawings, April 17, ).91i7 `s,' '�P`"# -II 4 t t r , s{�,,t"; �rr;r '' ., Landscapo Alan, G: ading "lan r,,s,4, tf ?,,�,t",L,�,�, a ;,'Y f" f`? t,{ ` FJF+r t; and ilalatad Docuntahts for plan Chock Ii `,t %, "'`rr �•t(,,, 'vt`'�� I A 1.1�`sbJ `,ri:; ��,t F 4,} and Permits• r�`}/{+ft"'L,Ak ;�?f,, r -;t� -f , f`�S.'� s d ls`r'4 !: "'f kll:. d , 0.,, ,ft� ",'ti ` ' `. } ff' l> rl>.;,' r'1, 1 ' + J FI T 4 I ` ,i �, ,+ `. 12. Agency and City Review of Construction June 26, 1987 4 ,t"�'+yf #L 1 ,r , t +r r 1� r �, }x ,xj I ter' � `' �rt, ;�$�; + ;r t Drawings and Rolatad Documents. (10 Weeks) ' , �'t�'��' � ^1rr Jyk?' iI ;t ! .'{ r tjl `m';� ;,#'#)`I ,t1�Jti {2.` it lt rt'vt cy `l�. f5 fr flr.� a � t.� �J{ 4t i ? ! . � I` ta yF 4 f:� if f }! ft� t yl i' t 1 +,, f + 1"l ) c t ini�j,J� '�r tiit � j i'J F. Iyt 1(r ,lw,g 1 . C,,,+'# #Cyl;)tittv j�{t} t tip r t '�,' 1lJt?,� +,b��T�* % !t': P \\\��� 1 `Y-`. ` `i 7 5 ~Y, s'f 1, t}} f 1' tl.t.,.a \ 1., 4 ._' 1. I sjLr+ -� 'fY} -, :- � !�yy I �,'':� -r �� r t, } . } TlS J t1 'C` • 'I'+L t, t r(t, J A"�.N`I� '4 I ! +, ly�•y''...'ti1w r?P� ., .! !..> . K r, F �r. ar r+^tv:J+.a t-T a. ,tl ki l "'4' t. 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Iir1 V:,}1Y t 11, :'. ,t 1 ,'i"' Fr �'�' , •r{ .,,', ' :l„ •1, - t , �' 1' rt i : 'iI�.!" L .a f ; r . T, p . N r ,1 . 1 t .. Y f . . } I, , ` , 1.1 J 1 ' . . , , , if) Tl JI S' Y IV, 4 4 6 A 11. CONSTRUCTION DOCUMENTS AND BUILDING PERMIT 13. Final Agoncy/City Approval of No Later Than June 26, All Conotruct.ioii Drawings. 1987 14. Issuance of Building Permits. No Lator Than June 30, 1987 ;II. SITE ASSEM13LAGE 19. Opening of Escrow Pursuant to Sea, 204 of the DDA 20. Sails Contingency Expirou Jan. 15, 1987 21. Conditions Precedent No Later Than Jun 30,1987 Sat isfind 22. Doposit of Purchase Price No Later Than May 27,IP87 ;A 23. Conveyance May 29, 1987, But Not ;71 ti Later Than Jun 3001907 IV. CONSTRUCTION PHASE 24. Commencement of Construction No Later Than Sept 1, 1987 Lor Than Mar. 1, 1.989 25. Completion of Construction No La' 14 If X1, tt fl N'i �, r� J.'4{'1 f'.• rf-r� �r"�y � j t,�'i l ' '�t frI r tk. r • �t .;� it t; i!\�;1 q I. N rq 5) ...,.._ �. I � at�{a r to +t ♦ ;t —71 it 1 t.r �` '" - ts.} It t.' , t�, + } •'Tt 1 f" '+ir��a h���� ! ♦ c l • t t I �`y tlt �d�l•r.ft ,/1 �; rill t ' {: �{ 11 � Y', > r a .'t�! t. � YI e „rilr+ f \ r� •.t t ! _ + \ % Ir ��+• t 11 `r +.1�^♦a�• r r, 7 'f 7 '.I , i Sa 7 i at .aa, Y +` T." t,•J +4 7 '1 r r '�F ft 4 Jr i V i y41, i t +^ t i1 1rr 1 .r 1. :iil rr i) tr �), jtt• �, /�',{��r� 11; i ' '' "•M [ ,'' q�i.., ,�' '.; t �, :.. >r. S 1 �v •.i..... ».�,a� z{:pit ,•,; t1• +:L•J .,rat's� , t � , ,. �� � d 't l • '� r , , :. , y i ,mot vet 4 .1,+ .� re_•_n.. '►�... �. -- .rwr.tsarwanbrl/.'Llriiiiiili,,t.::.�..s.�t t:. •.�.y.Ai•1+n.w. so.A�et.t'/lla:+i�t�:k'i.wLr w.::.L� ra.tiaw.i°.a.✓!Qt�k%Tc:JLiti� , V IK%;a x,�. � a t, a 0. Ill+ •v. �j i�t ( ti�•N Iftj1Y4' lj.? �t :'�txr ft ,t, �rTt Ictl\ it t � i . tr 4 ! Will ATTACHMENT NO. 5 SCOPE OF DEVELOPMENT 1. The Developer will prepare and file any amendment to the precise plan of streets necessary for nbandommniit of Hartford Street. 2. The Developer shall construct a residontial condominium complex of not less than 64 units in accordance with the plans submitted to and approved by the City Department of Development Services and the City Department of Public WorRs and install curbs, gutters, sidewalks, paving, street lights, drainage structureu, signing, striping and storm drain, water and sower oxtensicns as may be required by the City Department of Public Works. 3. The Agency shall upon submittal of the required 9 Y P documentation by the Developer pursuant to the Subdivi6ion Map Act and City requirements, use due diligence to cause the City to abandon Hartford Street. 5 w 11/24/86 ATTACHMENT NO. 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I'i - jI I ,V' I V!,,4I ..I,II ) ",�i • . kiC- i "Atv,S-� n;"I,,- Il lr , ", ,I V •:Ir,�_,r '3IP I,0 , -,e 0", 4*;, 1,,I. , :,- .�, I, 1 ,*Y",- .,. v."6- .; .' .�I. !_1� - 11 NV, ,tJ "-Vj�I I &1,e.--,i, , 1i. l" P'I ! ,, ,! 'I , T:c4.4 ?.�7" .4t l*�,Z!I '" 1, �,.. ei I -� ck ���W,.' 4, II ,, 4.ki) �iidI it 4flyI,��;- I "i'�;,�,J�,, ,­II,�f-;.,,- , II . It ;C,I ,f1," zI) , .) , ! I ,""�. t,,I,"�t *,�.0 - ,II jI I�ItI I ," I, ", "j4�4 -. C.1I�V .,t-'�,Ij, ", ,�- I,J ,�� $0 IV, X, , ,I 1 . .."IS,,I• ;.;•I , � �� ,I. L� II, ( ) I I I �,I I "I11tV h F11"i")1,�t"'I)�t;11,II 1, I ,I _ - II 'f. -,1,i P1, A,-.:k t)- .j,pi! "Jj4A1- 7, , ..I-II% I ., I II I6­YgII• l:.4 1• P:. I , Vti � I -i ;-1I�i8, �, I.." I .,4 ,i .o 1�i100I .,�i W �� ''l-I � ,;''" j, .. � .: I �I (I �l� , 1 I ,;j. ,I,!Z"44! i!' '4'i�4"'�'"t,',V•. ,,,j .,I ,,,�-1 I, I tg-!IiI . 'I I rj! ,'! .,I 7", ,1� ,,. I Uj fjVi. A.I 2� l!,�joA.." , , -iA ,� ­.L. I ,� ,� I111I, �I'- I ItP� � F �;P ,iI., �It,,"-V1. ., ,� t,I, . IAII,1��-Fi l II 0i. .z ,IY-4i '% 1I; , � !• ?I Llr4;�-?"4- aIVI�1 I""."". ,,--,i1,FI * �' U ; I il I I - - "-,--.---_L..*);j ".t,i)- -V qq' "I 1I e. -.-.... ,� -_ ... --fA N ,; 'i: k­4 " i, ++�y iif,J. * Iy ,II I Ir%Ny .} ,I II�,I1,S%A-Il.;-.'1, ,1PI, •�'I , ,Y,I,�,1,1,,, \j1 j I I ."w­.,qIIti1, P1( orjta rI I j)I�I".�'otI 1, 4�, I, ! i-,, , IAtI "`!J1"T,wI 'LI , �, li � ,l ,la ,I " I: , f:f l '-, `­ I1, 1�r'" ATTACHMENT NO. 6 _ i ,4k A I, IQ.Z"f,-I$; ,?",ifLt."i ( ,i I ( I 'Il�,"1. �,I tu.(I.et",,;�, ",FtI t") ) i [- IN _IV"V�"k"t A1%, 'v t fIAI'0I""�1�!e ) ? j,�,> r L I --ji1.J��'I IfI�4.? ­I� $��-If 5NT;?I_t.jjtti1. - ,) i ;i)'.t6",""'"Ti 4Pt 15272 ) l#!�,,j i t,-7!4t%'. 4t1 �1,,%,(14.,_Euntin%toBeach,C 49 _14*I1�% / ,� , II,;I )% ,l­r?" 11 " Ai.!_%k,,(4 i,,I; 1.�,1�,kI­ � ,i(Space above Ia UBD only) A;1114AIII_,� I ��'Tit t,,l "A-I_I"i" W�. I, ." j):, tlI I �.i�Q.rt,�.I A!�-z.1s1 ,-Ill `i 14 ! )P, 1I 11 i t."tj fj k f-)­jit.,1 1I0,;- %,1 ' r.­I V i.-"1!-' �, ; ! I V_It� �':.--1,1 4 i-.0rI , �. ;�_1'"r"If'It_;I1, ;I4';07t!f:, i% N"I­ ;, t-It).t,I I I 1 UIiIll 141 I j104-I, ,I01I" At ­ ,a,r�-�,;I'. lt'e;Ij T; It-Ii..1 I, 4 L t,";f, qi " IC".and i"� , A,,'t­" ` II, ;l,,. ih iI;I4itL7e as No. of ,V,, the off he of the , ,i �,1��I,6 .i4 1';,.!"-irCalifornia, the Huntington Beach . , IA%r1",T -'A- '. ; ,.." 1lI a pu ate and politic ("Agency") conveyed to ?,"1I %, iW. I"IQ,!1"Jr4Pc ,, 1---A,6)" �,'i,�.,��4�­l,'.,. LA ,..;Iq , 1il'1-i4%",7�I )I, #,;�1111n ))��7r14I,. ;A�,I4�. ,i,1,I jI�JHuntington Beach.California, described on Exhibit Iattached "�r�X (_ :;" (I"ft11 11.,�L��tI' -IIii\'V' F,1l,lI 0•i"I0_.�)�,IY! % t" -,&,4j,p�"'&4 l IK­ " Jj11t4"., . t Deed, te Agency shall i��VI;,11"""vLu, . 1t­1r_f,A)%ItVrUi"�f e j")kI,�"­VIIiI I PIIm0�_,,�r"." I" o"�� � 5 "­141'Y,pAU",,t 0 I ;"j- " 11 vI-"L-6, i1;,)#"­- such ,c""4_.-f ` I;"",,�LtqI'"II Recorder's offic t1#1 j7t .,ih? r1pl i,".'1-v, 1- IP"AI I.'-!, .1,f l',.l, il.;'"Wl";.1N-II� WHEREAS, such cero ,. ,,n�',�0V1I,"�I1(,_ol, m "-R11 , ­31.I4 11,z IC I , f,;;,,Ij,,�'*���­,', 4'jf I"# -,I P' 1L."', $! " 1 .I�I­,N"O'1t,,'4jt IV1 r "4..4)N.t-J,­41, � 19,.1 "4 � ,.% "AI l- ,' i06rt:-,j" ,_i4j­"� 1I ,V I1fVjC", f)- x3i­I.I�".,I 4,o% H MtI %...�� i j­j�1 [j4',hill ,i " WHEREAS, Par e II- �iA� I;�;, �%ixr;l.0 ", J,- I Irjj,0J�I%,,4 I�I, V.t tl�>Z.1N%, 1_ s I 1"4t%"�.iII I1-, IZ7 M1.,41.4"",".44-i,0" �_�10t16k0 ,,;tl�,­?�,jjV ?viI "1,11 r.,Wz v,Ol Completion: ,I; W1N IR �Ij, p", ",,,i. Y-?�, , s0. . V" N4�Ii'f ; �-;.o11�R,`X.�- % O0,1"I`,�VI.kI'1" ri11el'lI �S�St lJ1),I, IhI,,4-I ,%?(I;,,4�,,,s' 1,." tr ,;pili"I k�(�?" t, I4V,�--i,T,,. ;,it,. ; r �,L�i . � X%QI Aa't_,1Ow.��r M!AVi,I-RW.7*t*,fit1m.4�11 I!-l�'�4&-J" "t0t�.A ,t4�t'. ,;t,j4A;A,?�;,�#K"0,1..;P1q,)N.j1���,tf41iie %TlA. t;tj5'1",.'itl06,,mtjP q� .,k 1 .- Ik4I ,51A,111/24/86 ATTACHMENT No ,�i"#jh"?#­ ItV-` "! A�AI­ (­J­-iI ",- -. V,V " Z.."Il 1)'" . _.1LI; ,, ,14.4 �. mn YVfVAWWS= I'll .,.! 'A t�j ! �1'It;0 'I;(,",1i - 1­',$ -,'WlI -.l Ii 4Rt,�A7�I;?-�I�."4I -�J,"�1�_-Z.;-,­11 ,� .• 0.(�;; *1,�.. I �_:, 1� .Y�r,l^,;?S". 14"9�-, P'I!'I�111.... !'_�j,'.I,,,,jj-,".$, tI ,.- I"I,­- L " " I.4.jjl.��n.�;"�,j-4!. I , I Y � , �� � 4-1 -P ,, .",�r,X-�I-I�A VtJlU I�ItI I, ,r?0:`,I - I I; �; . (�. i"J"f ­.l15 _.,V - " ,�,- , _., ,­,-1"A ,1IIl - ,;. '',nI J i!*4l_,-, ,14� 'I4It 1�. i,1.,I.I , )t_ � -f,-4�yI,IijA, I0$"11�4-I-i 1 '":,, ,.,,, I 1''S­llI" �eI• � )-;�� 0 ?,"),'iI-11,, U, I , , I j,V)t-I,�*1714T7 ­i- , 7!V•.t 1vI ­X ).4 .,I .17I. '" ,,I f N I _ L.�vI'II '.1,�5r 4t , II,%,•AiI1I�4,. ,;i`,yy I - . 1 Ih !1-kA.�-,I�k �,'("Ij1 �!, %- I, k; Atf, t--,I" ,, 1 "Y�­�-Fit 1it;, j�I11,� 5�.,; j!��!�!I �I I .; ,.!.'1�"I .;p. Ip I ,- : I I . ., *. - y , -, ,­- I;t, � ..t I , 1- - i , .-II� , .l , ; ; II� I � . I. , C �,­.,�.4I":.­`"I " ",, R, �.".,� ,)" I ""V,'" ­, .I',""1"*1Y" !l.1- 1 tAI '� 5J�1�zTj�?It-1f_t1�4�I,,,.. f;- ,�-, �I, ,i,.0� �r I. II!,!'I,I1111 .19,", ik7T1 ,-�- , .4I W-, j,�; 1�3"f�,.-iV ,,��1;, .,I,. , 1-'i.r�,� , I �I�I-,­1�-v•,�. -.jfj���;�,�,j44! I?iid! ,I. e�-­.t�?I 0:�tI4. ,,I ..0 -I �1111,�-), ,1, ��A"�. " , � )K-I, I 11.1I ..414�l�t,", � r �yq �Wf3- ,,`I 1A�, 11 \i.,1 IjII­1vll�Z J4] ;f � IU: 11�;��rII �'�T4A •-I_1I.'0il; W-0k- tL !.4"�b . A' I �1'T - I -1I'' )J_;t' �I ,.n FX.",l.N. l'O r,- IV.,�I&-•,� � 1' - ,, I , ' r P ,v.q,., II-,, �-I1.i k%(AI_l,j.jj ()i�4,,,,r. r1 fr­A IIi'��",�1" .'`I4­, -I j N ti ,,ttjA I"A'' f,)4`"jfi i%­:j:&ij741111.� � �I.1, j., I 1V `JrII i;V1A 1tA I ',, ,II jI ,�0�I�I� t!. t �.tr!:-�j� ,Ii�V . I,-JIrb% \k,,,�-10�1 4.I , I I If" .� JI4ll4 ,,� ":1,­.� q" lF_IV ,'.�AJ,,­"I ,LII' 4� LN�4i�11I"1?9l7!:r­I1I;''lI,I Itf"I,II,—"Vro,A, 'It -AliftI t IN1-",A. 4r �-" '' � � . ,IJ,WVdr,"-?",,I _`+�4�,�I4k.�JI, , 0j`,1';�IliI-,5�, �;-,�,"jI-. 9 1v^ t.���t',.-j"'"b��,, - t14-: i- ',�j,, , � ,i�f,jN, .Iif:�,10�,,,,1!-,,'-, 1.V,z�* I!11I I�-�,'fj.I, I. l ,P, t I11""i, , ,"I'�V 4t'J""i ' ")rII,l4 i'i&I,r,,� 'i, I iIIJ?, It) r", )nIj �;I,�) i It '�.f.,."�. , ��jI %.V,.1�I�lj , 4tf-,li, " �1!;-,I,t.It%J1)i-,4-rrf � I " ♦ V,�I %':-", , 141Q� � , 1"�A l'iiI" � "I ,ti V2 ;%­-;,Af.t,"&%L, 1�u� ;�-�,I a"; II,' , Ij---r.I ,,,U.�4!;�'-;f9 ­.4 4" f 1, • iTII"j,,�:,l;i" i ,. I , �L'A 4" l.t?.I-(�;"k'/jY. I ( 40R,I'll'_7- 1I�ifi ,I�­I', ", ,'I1 j ,"a,N,,J,"I A,4I,,)r- 1" i,i�I ',4, � i q­0,;-:JA 1, 4',)" '�I"I. �U, I,��s Ir.ft1`I?" ,, t� J4i V1MMM F7.I ."! 7, . ;, ,11 0If%66f C'j t..AII,, 4U ,,, ,(I�4%i: 1iI%1AYj,7..�,i)�?, V"I.�I,.!Il',',.s ?1­111�,I_II ,, I­.c'I -4,,f�,;,I,Jj�,1,rt��!4j • 4.. ', -1" ,"�l I'I I� '',,lo I4jo "_jfi�r 1 -"_j, I "�JI ►�,I0i.� , -, ., . I i ,-.1i,II�-;�. 1 f�A�I' I ,".: .4� : I" I, I�­, . I- r, ") -.�-"_�''�"�;1Yr7 -. I/ " (", 1i-5"A,.� ' I I . f t I 111 0t k,If N ,,","- 1 -e-I t�'�,,- i' - � i1�1"�q I lAlX�4&I %Il4,oi. P.It )t Zl ,Iil�jw1�I�� ," -I, i t , VI!j ?,') fIs ,ir,­j �l ,�V fV,`zl. '� ,I 0I ."L, I i:�•'I , p--11 `., 1 �',. 1�1 04 �1 � "� , s+ ,,. r .....ter • '• r� r r • {, z 3= r *tl y i t Xl,tyr'n)� t "91 v 't pp 1 t,t'l l '�'il �•y j J t �r �, ' '� i� . 1 � 1 /�.'y�� �� rye.- � Y.. • r ,1 • ; .' ,+ :1�.: � ,. fl .. . .. r �s r �7 =l �a.�i1 i7,�tii� f 1 I. I+ -i s ' ,.� ' .. 1'.; .. '" ,,, :. ^�i, .'. .'.,`. .fir• I,. 1i : ,.......ram.- -.-^ �_ '• { ! r L;t {i r ti STATE OF CALIFORNIA COUNTY OF ORANGE t i ljri 1th ` On LalogrV ato, 198Z before me, a Notary ublic of the State of L Cal ornia rsona p Y Pp ac , known to me • to be the Chairman, and Alicia M. entwort , known'to me to be the Clerk, of the Redevelopment Agency of the City of Huntington Beach and known to ne to be the persons who executed the within instrument on'behalf of said g r':' 4 ,• ' f; public agency and acknowledged to ne that such public agency executed the l l • r .. • oFF1mAL seAIM, 1 EVEI.YH SCHUEEE Wmacciulm MyCemm.EXP.Ma►,0 _. ._....�_.. ,. ._........_..��....—_�.__• _ __.� -_ ._._. _.. .- - t1 �•---•—'--••.n.all�.,,,�.��yp•Z'PI7 li �, I r + �`il • , : 'x to q% r.tr>:r! r 3 °„jrt •; , , ff ,,, +.fV ". +\' {I:.' ✓f+' .rJ ;r(r ; , , t:.rr A ,. rtf .:.(..fr l 1, ,+� �.' , ' ., _'• - '�. ( � ... 1 r. t 1�..'.': •Ii. : •,,. h,t �:.' �lii.:, .,1 ,' fY:; -.. .t .: r, �. ... _... .i Ir , r\ •� 1 j ' r • r y-. CC. f[,:.,� � � r, f .,,'. �..;: ,... _� t, r4. � - ,l'. 'IJI., /•, r., ,_ �j ". •• �; .�,. •R rtF{ % �.ir `I ��+, .. t�•. !: fS! �� �tlltr rir7 c,;r iFia:{. '' ,' r :,�- ,r'..� ,r :� : ,J r i�'i:1 _ 1•i� Yr. \ . ;...t t i":. r.i + F ,.•: , � :. . 41 '.r;;.+,. �(:., ..:,- + ... - .s J: �t1 i: 'l 1� r ♦, f : , i• '0 % _Q ^: 4, 'N �'� '� 'p�.'.+%i ' t'1 ,'r S f:y' r a ' '� , (.c ';',, ._ ,) r .. � , �:��' !f: 1� yr ca4! AS- *4 j lir vi. it vt' , t 71 J.,�. LI,,.W 0 1 r;,!kv. k _;x r�, 0- A rl MC' e; '1�" f p NOW THEREFORE, the Agency hereby finds and determines as follows: 0 reby W As prov ided in said Grant Dead, the Agency does h been fully development has ction and 1. certify that the ,zonstru and oatisfat..,,%rily performed and completed. 2. Said condition subsequent has been fully anti affect satisfactorily jaerformed and in of no further force or ij, by reason therecif. ment shall modify in -1 3. Nothing contained in this 3rstru any other way any other provisions oe said Dead. IN WITNESS WHEREOF, the Agency has executed this certificate this 1 S day of Venr=a HUNTINGTON BEACH REDS FLOP NT AGENCY a 4n 13 Cria ATTEST: V 6*vk I.. 21 IM b om,4 U7. i 7 'A" 1 )14 J i K, M ATTACHMENT 110. 6 11/24/86 !2 '�49k/2460/19 3 Page 2 of 2 #6N 0 7 7��I F�l ............. . . . . . . . . . . . . VIT ilwl j, ej A NY r P. Tii, MR 4 7ir tl.f Ql'i 4k. 641,L)JI, $ ­V/ _. 1,A4 �,Y Am C040 Av, IV 0 .Y -• ��j r79 } • I�r f k,�k p5i ' 'Z , ' r .. $ i' li F^• 1 ♦} i•i l,I ia! a wti lrJ " jj .j' 'fit '{.t .. 4.,'''r t, .J.1 f t� _ - } f F 1''f *A+, k' 7ICl� += ii.� r,. _'� '! wit t a �i,� •r i � ' Mw,('I ?, 1'- r ;0 ,. ,\ + r . . t ,..: t it i�* , ty 71 7 L i rt f l'I e t> _ ,� i r • er g " ..rr , it`s i �I -' 1 �' - •tlj' t ` f .� �7, r:�t!� t:'� r': •ri -,.. t f tr a1' )} :p t t �'r a r+Si }14 r .r_ , t •:'. ♦i";, 1}1 , .., ia- ;` �. �; 1.r ':J �r. 0 .�}+I;: 7 C T� ft y`.11».:;C, :'''J�tt ' , +� t- >a N' ;t` •'tfw'Y,••.:,�•'r� �'inX':' ;_% i r , , 1, .tI? + • ! , ., I I1. r' rat ,' i" ,e,f '1! i. ,t•,, �'� �� , , r. Zr 1. I+yr, i. ,y. •. It I. .,,: I','� t - t 't t ' y.fy` .f If {,. ),�,• h a u, 3,+ !I 4.'.. x t tF },.' I -,'. 1 • '.!.. ' it w, 'f;l aU� f .:,;,t, "Al., .'T�� r�' ` e) y . . ! :Itt ± ����'' l s j A'.�� fly. rf 1 , �ei':,, :�;. :.! ,.,_,. %\ r. , .. it .t};t'. t { t +1 n r7 r } i t t Ili 1�= s ,.t r,r r ` 3.e. InwW�w,.+�y+...,.....+.+w.mwn.fear_•frr..n.wa:rr..►wewN►•i._1�C1:.`:.a:rAS,.`,:=i....l•�ti^t.•tiw»,.:_Yr�..,ti►lLr1.: Y•y..�..+'�':'._.".+atk{' )`' +,p ri 7L. �1 r `r P : r, , i. " 4 . `.i�i....�'wr...n...rfNtigGJf{.i! � ♦ l , .�i r 1 r 1 , 1 ' �V, 1jj 1d ,i 1 ' jti1 , },•1 t'= S, 1 i..• .'r i ( "' :'i%;j I �t ' r+ tr ' i ' i+ I\� �I � 1 f+ ,,3��th , (11 f.� 1 it �, 'ri ;�ir iz ,t� �), r y� �r` AI'TACH!�ETiT N0. 8 r a f V f,j' ,FJ: t Ott �� ;t, . x • + r 1 r i . r, ..4 t . r \, � ry ;' l t`�1�'t T.t h, 1 t {]1{! '7+ + 1 1=i ,yCY 4> fit'• •, i, 7 4.' R t� ; r�t`^^^tttii lJ ,, t i L,.' \ 1. GUAR}�NTEE AND AGREEMENT JF t,1.1 ry ,1., It IS I { f, �_ 1 1ta a ,t �' �, JOHA1 H. TILLOTSON, JR. AND HAYDEE TILLOTS01� ` �',,- , � '"`z► t ,�,� „ `` �( S, , T i cis : '" 1k ff+,,j. �., ,.{:�� i 4 t �.t .,` I-P,- �Ti' .; THI.] GUARANTEE AND AGREEMENT is entered intu by John H, y r,�,,,,� -i�lf 7�: • r5'Ar1. �tt�,,., Tillateon, Jr. and Ha, iee �iJ,lotaon, a married couple ;�{, Yi:r��� �µge:tIII 1. tr * i �+ ;,�� �? (collectively referred to hferein as the Guarantor ) in favor �, r% '.rt t _ .'� 4 '' ,'4 of THE REDLVELOPI�fE3�T A�I;NCY nF THC CITY OF HUNTINGTON k3EAGN +' `r J. t�,� Z� fI trt �.L rl Xl f ( the "Agency") + ' ! •� tt , l �. tom, - 6" f It I�t � t# }3r1 4'4{{ 1.' ;tr �r�''It":. i� ti Yi I'` C� t" ' `r�' REC I'lALS T'�r11.".'1 Ijr.t„a'!' j 1 ,tt;�, '$, "�, I � � A. The Agency and Beachfront Ga�ce Street, a California ��� Ir�'.I' jl�, af` : ", ' i, , t limited partnership (the "Developer") have entered into a Ytiai'x�r'ls , �, Disposit!on and Development Agreement dated as o£ September 'S, IJ t;t f , . „t4 Y` l =I, ' �! 198E (Ilte "Agreement") for the purposes o£ the redevelopment of r z. a� f +;.y, I ,'; �, certain property located within a redevelopment project area of 1,), ,;-,." 1,11 y1 :.1 I. 1, r i, i �;, I the Agency. 1; ,+ r�,,`�.I+ j. t' . �� ( 1. �' t h lW., It ti, tyr' � ��k �t ! t .,rert T G+'�!a °': i) }; , ,7; B. The Guur:antor. iw a yencral partner and sptauee of a ��1 t ���� 4(�+ ,e, f general partner of the Developer, and gill significantly !�fa>�;'v ,x {t t' r(, �k'� ;'J,= ,iA� benefit by the execution by L-he Agency and the City of the *'���,,_ �? t st , , t. I. •ir i 11 �! AgreemenC+ ?� ft�4 , .. ,tt !m('�. '; Y` i t ` 1! L'I ` Illy y N-T I �kf .-; } A "r " ?; t I tl# �� t '' I1 (4 •j C. '"he execution by thu Guarantor of this. Guarantee is a ��;;';; , �`� ' • (-"''� ♦ r /�J 11F [ Al l ''' Y;y; ;` ,i k ,• !t ;` condition but for which ..he Agency and City would sat execute r 'i /? ,trf l , ,; `' ;1� r;4, z, the Agreement: � );�,�� ` I '' o,'', P x, t"- !); �'', !, a W I T N E S S E T H ,r,.,�t 'j) 1, �?;a -il li�i'E,f.i- if ' fit > } rrf1 ' r j,1 � l ,',- , 1.- , r. - IN CONSIDERATION OF the execution of the Agreement, "''''_ ", ' ia. and o£ other vall�able consider ation, receipt oE` which is hereby t��r� i ++. fu,t +i )l,3NI w'i, " �' s ; Acknowledged: Xel ;y J{r1.11 s� t It rr ,{ , it{': 1. Guarantor guarantees to the Agency the fuxl and timely _.. !, ' a I,,,' �,. �`� L {t ? ' . ,. '; complhL•ion of a? 1 of the "Developer Im�.rovements" (a8 defined „!� ,� 'yClY�a'J`�`tifif '" + itt tr.e Agreerent, Which is incor orated herein b rafe>•encad . �. °�11 `C'� `�,,. !r j %,J+ '''" `� "', t t 2. This Guarantee is unconditional and ma �Q enforced r "try l NQ.,4{, J� rJ t t tt , wYi (ry.,.,i,.. Y • I - I �;J•tr, nr;,, �i ;,� ,�, '? ` r ' dizectly against the undersigned. No extensione, moditicatiahs' ,r N �, ` � W. • ' .r��T;` ,%` +� _'' or char►gea to the Agreement shall release the under.Bigned or ``l. Y t f!• t ,= o, I0, . ;' qt' l(IM1 ,4� JI affect this Guaranteo in any way, and the utlriG.aigned waive6 5+�t I i,R Sa rT �jds '�, t�, notification thsreaf. ��� iC, '; f11 4 11 1 rY 1 11 • t V �' i� �fify r 1 11 ziq�.,�� , .�� r, I 3. The undersi ned hereb waives all of the suretus:�i �� ' k i t r'{ 4. ,4,� . F ): } ,erg 9 Y p i�-11 1 I 1,,', f+y�,� '�;',`+f,'�`+:,; provisions of the California Civic Code Sections 2785 Zarough `�t,� V , 11, 1 �,4-, 13'!" XfatQt. 2a55. yew ; t. yj�}` .t ro . t r i _ ' Ff � Iff"{ } II rA,1Ir j) Ifi r.^ . Al JI ,i„�.� � 1„ y,' I P.,:I : ` I ( t.. , i,jy a i - �} r lilt �7 �+ , r , �� 1 . ,fJ'y,�,t I 'J,i', ,.r r`tN c,r f ;!r*7J� yt y v i� , r •+r~ ifs !!,' ' :, , ; n r ,t �fF�l{�." 11/24/66 ATTACHMENT N0. 8 Yt I fi` ; t .,.;�r�l``ff`'4 334Qk/2460/19 Page 1 of 3 ` ;� >if r t I '• r r:' ' "c .G f , � J , L •x l hrl f.,.k 41Y{;t 'r j'! , ki1'c�+ 1R9}4ant , v+ «sr+..r•xnerra.r. .w•...+.•a�c lyyt+sryee111"I{��}''aaaJRR*1 l , �.t 7'{'r . r ♦; t ;Y.• i:t: .tie. :t���'i S -+f t' t, , 't Vic" ""?" r„��-! 1f �' }. �+P�, 'J'.{ r - �. } t i �' , , I t i,t,! t r-'t1L �' rr t i, ��.. , C, i fl 1 ,'_ ':; tc1 yy y +i, . y J 4• I ,t i,, ",r1 1 .:C. rl:!t.T' .'I • I', 'U.`� t ,. '.r k ; I t .1, . ! t, I'•',: \2 Fl, 1 Ti�. .�; Iti�,+,I 1ti.1,, '" ., y y f," i I :Y' I j 'r /1 t, �, (�. f; !. .) f1 J_� {'i;, b - ?cft, q e.1I G i.q •, ,�} �� 'jt: •r,.l, �1, , I { 1 l l.. 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Guarantor h�reb waives and a refan not to aetdert or t1 Jam., t# I o .s,1= ' .j ` c ,, !t r'+ fir{ca adt ttntage of (n) any right to rhqui i�e Agency to proceed �' rf 1., ' 1 37 r r,<', ty : r1►�yGlgainst the Davolopel (or any guarantor atlter than the } r '` undersigned) or to pursue any other remedy it% the Agency' a a +; }ky . , j ;'', `r s{ f ' �! ,�.' power beforQ prc►ceeding against the Guarantor, (h) demand, •�11L '.T.0, '�` 1',Y` b `"t protest, and notice wltich the_ Agency or the city may ba >,, r ,. ,,t ,} ,- A' . Ft1 l Ji�kA , rociui reci to provide to Deve} op®r under the Agreement, and (c) x , ",�� ",;. �,{+ r r lY, s' 1t�'} i) r t4,�14k ,, ,�}=i tit r`, f, 4r any duty on the part of Agency Lo disclose to Guarantor any ► ­' ,' facts Agency now or hereafter know about the Site (af3 defined `; ,t ., „< {r,,,.f t 1 ! i' in the Agreement), the Agreement, or the Developer, regardless tz! ; - I';° !'1 of whether Agency have zenson to believe that any such fact ' "1, ,.Er r, ` , =M `_k t r tantas�ially increase the rtsl:o beyond ,that which Gtttirantor *, ' A 4 . a. j7 intends to assume or hag reason to believe that such facto are .``, is , ' r,' " unknown to Guarantor or has f� reasonable opportunity to ,r � r,� -,; t,t � sF . �`:u �: fr` communicate such facts to Guarantor, it being understooci and y kc`f. 11 ' Ir,(1`"r:��t r,ir '1t ' agreed that Guarantor ifs fully. responsible for being rand ',,"=,'7i ? 1 `k % ,,.' � l i i' Y - .1-, lteeping informed of all circumstances regardin�i the Property, �f {f i'.1",. t, :, t `.. thc� Agreainerit, the obligations of the Davelcpax, the £financial 13+°�i- ' a ' lY1 1t ` condition of the Dnvelopelc, and of all circumf3tancQo bearing on � w>ti��tti, *�,; ,S t the risk of any obligation by Developer }zareby guaranteed.�1sr�L'1?;Jl+ `R' ,f41� ' , �. 1 1, ,, . , t j' ti4 ' 41`Y la'! S. Guarantor shall have no right of subrogation and j1:,,,,}'tit', ,4,,V '� ,4W,t t Yt waives any right to enforce any remedy titer Ageency eat'► have or i R >; may hereafter have against the Developer, and any benefit oi, ''��''':R' r,. ,r . ..I-, ..), ,S ,rlY,, , 6c L,; tr..' ;)� rt� and any right to participatl� in ar.y security how or herQ�tfter ),, ,�,t'ri",�i;.' ,: ' ' t •'' ° tf r, ,`+ �: he13 by Agericy. �� ..I ; t�1L, > r ' a +s•, 6, The obligations of Guarantor hereunder are independent: .,t..,, � :`, - + r1 r 'Yf';+l'r< f" '�' ' of t.}te obligations o,f Developer 'and, fir. the evenfi of default ­r-� .,R 41.1 r ;�F1 �- a",z` t hereunder, a separate ac.:ion or actions they be brought and 0", ., t#,X, ,;I ,{rM1 llrya' rosocut ed against Guarantor (or any c)trher guarantor) whether 1� 91 ! _ „ l �,;, t ! 1 ri< < . yt z yF,t f 7 or not Cevelc�er (or any other guarantor) is �oirted therein or `ti �,b3Y.r j l f -.z r = „= a separate ar. ti on or actions are brought aQainf3t Developer. t k, ,t�� wi 17 1 '. *(' '� j '; 1r „r W _t y, In the event of an litigation Uetwesn Agettc and rn��r''4' I h`'', '� is <'t ;; '� i `' Guarantor arising out of this vuarantee, thk prevaS.ling party 1 ,4>r,,�j r, shall Ue entitled to recover its reasonai�le costal and ,</,2�;1'1 1j•i ra'�� fr!".'.r+�,v _ f ,,y a�i`rt;orneyt s fees. ,,�r,`•�` 'xNA�:, r.l 1 i , r4 ;' ':, ,,t, ,y�,,,,1 fni'i 4• 8. No provisions of this Guarantee can be waived nor can "'j"" [( . Y�11 i44 lr hi'a ' ,. �, ; ' guarantor bQ released from the obligations her�rur,der except by ,i , f,`,,; t r,� t1. , I 4­1 js -, ' '"' I-V 1: a Writing duly executed by each of Agency. ,;.i, ` ,_ ^}N &Vr%'s1lk`,i ,`r 4d0II.r /ier L , I ��;t,� �, 7;,�' 9. Guarantor agrees to }+a� all reaaorable attorneys fees ``ll` '' ' ' " `{ j '` and all ot2ter costs and expenses which may be incurred by ,,; 1 " , ,• r tiz Lr1 ., , . , rt , , {� vie' i:z}',r'�'X) Y -Lft f,l A eriC• in PnfOrcin o`.' att�hl tin t0 enfOrCA this Gltarante,0, =,rjr1 ��j�'�( jE { �� g g p g �• r �YtL,�I ,i'At 4i%" S I t .. r "",i whether the earns shall be enforced by suit or otherwise► `14. "!,A;'ji +;f�:t F i. !` fie{i31�iF,'t:) t', ri t<1tL lI • , i:�ly ik'J,-H1�}t�1)rf�1,(44 ,-.) } iYR° t.., L F y , t t '�ta�'t �. 1'r 10. Guarantor•',hereby waives notice of any demand by the � �?t}:-ti;°,,tip tk. y +if Jt . Y ` 7 x f r t! r Y1� , _ 1� +' ,;,- �J ! y` ` Agency, as well ae t' Mice of any default by the Developer'. f,! 1,��K� ,ff�:c <, yf, i t „ , „ . ,fir 4 '. 11 1 _111v,'t + [� �S , t iY If,Y j• r 1 rt ? tt fir. ,�l t`/.,•tr• 1/' „r. . `` Y 7 f. 1 1 n S; 1 ;.bl R +\1 l+I l S y�. c i.rr.� y t rtR 1i!. Rilr a4, i li ;1�1 "`�:., F ASFgi j, i� l �.. S ri�xrrl` T<, I)v �'L, }'. 1M' i l 7 ;1116 (, �gY t r Y r S i • , ,,,, r. , -, ' 4y.,' a,„ •'SlyiLK[t r L rr 1P('r� ' , irili' /',j.,,,.'_�1iy :f- r Yqq Ytfp 1 i . , ,{ft ltlt L , 11 ��Y11{{1��[[,,.�LL t i S �`�+r =r 'f L= L 3:,a! y F2 C 7�>+7'•� q ",';t:I t 7 V, '' ' t,ii� �`I1, , 11J24/86 ATTACHMENT NO, 8 c"?,- I; , �,�,' , ,,. ;w•• if " ,, "', �11.` 'tl t � A ` s-i a349k/24fiA;19 Page 2 of 3 1:17 �f 'L ;r }, _ II .-,, l ��J n ,- � �� 4 ,T' 11 A+ r ` a r4 +ii0fliil2t :E:S7S}►►xJx+=J.^7..sS�i 4'`m gas+=wrpe*-aa*aana�.rtr. era wtxsm�.eo�nrs 7Prt%�T "stle v! fets�/rr�"at;. 1�3 ' N A Ii�j'7 Af'ti`�.t it-1� 1. f, 01 ., ,frT%I, ,,i :t1� 'Y, S 1 T I. f, .f. 1� •f . vL 7 ii ) ;4., , F f r .Ji. '! ,% t`r 1?' = c'x- , , t i� " j ! 5` fi,-'IY i _.. :� fr 1. 1 11'+ t l,. , .t, r,,:) `i :f. It If .S ',� <i ,..,}.'• .; .'! ,3'l,I rr�, h`,, i t ' = f y' ' +' Y ti�}• (.. r t ; '', pi i '1't t ♦ ,,' r f L y, y . k R! ! r t 4z, I � '1 , 1 t��t..: r' a l,Y. ? C, ,� . . {,, t. 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' ` ,, 1:,1'") i t. •.! • J .r ri', i!:'�]Y .,�r':; $7 !� isS%a ,t(p�'f,%,j •.. i S ,', ry ,'t..J,..•�,s'j i ft[y-y .'� ,t, ,i-,, i%D ` - t ;ir,i.r, ,. t(,, .y, L '({- J `;..:1 , t� k It '.icy Z J.�1,. ,,Y,'tY+, )If.t--.jrv&, -'': 1, �),-,�) ,t �r�. * i C/ t 4 I ,1j/����lv.� "Y if , 1: it / (�Y S �► i. tt .�J L `� i iT iLl r3,l t!') �f 11f'' {I{�"• t! ,!l /L^ Y,Y /1'~f i t f �i i :�1 lyY�`) rt ,�i _. 3. Y ? f , ,.i ��.t1 , . rt}'I "�t'' `�4 j'ft Y' I. { Yttfi?I+* /Z t L i :tt.3Srr +- ! f ti t 1 yji, ' i`tt Y t .1 jIL r hI).,, (�f.r • }r+�#j('_ / t',vh ,` �p'{j' t. , r ��' for �.•Jr) ;•:`*i ..1•:.{" rL Y'�` ts� 4t1 ....a ( Y i1Y' t 1=� '' rS�., i",r2=kICt,y'{r 11 �•.1;, t fl +,+.,� tc -1•,_,�11 y l�•, i11 I.iL' 'i1t`yt!!y r� ,t 3# r ,:. 1 �' iSf l�lt,�t.,,;,( '('e Y+ h jC.`'.�xrl. � J .:.!(J,` •' R �t Ty:' S i r��r 1 Y , 'i Yi j:I i Y l.11, '%! .7 F fr" P ( i ti, r t ,f ` i of 1 f =t 1- ,- f ;�{U } f t, ` 1L`„I / 1 ;r, r .y•, f f \, f �Jr f9 -rnj;I t1\ .. 1(l.. Y .+,:`. r�1 i�� .t� jr. ��Yi,,r,, Y. 7 f YX t li{f 7 t, t D i .1 rt:.• �,�•+i it t�"F'{1 3:•),.. .� '�'�i, it•�,11r '.i'!.. '� Y, F/f y d'E `rf)...I i �,, f,��.1 ,�..,1 J, Ii�r l;�+ ,-t ';� r) ,.:'"�i�j'�, i'`:,,' . ). t �•.1 1 ,. �t r yr r, f`7 ,! 41'1,'�y,., t ,r t. ,[.�•`'•���L.,�, ; .1 �J...Y T� C� r 1.41 r 'ii �i},S .:1it ,.f:. .:1�, j}l ,,• +, B{. 17.1„r ,1;� :.r { ',i�, 3�, 'i , S. r �1 i/ :i •.i. •. l.rt l .l';5 ty,ti ,414.s�, j;',�Vli: J ," _ .,"',71. + '�1 Il, .ii• 1 .,. t: r: ^'y .! 1f} ;. L �,I`t ,: 1 1 r f 4� " r•f ryi 7i h. .�: Jk�1 l2'c. ,�l r (,� j. i L•_ •a .1' l• :,. al... 1 <,'r:. )'! , yr,r„ ISI` XL ,. . +_..... ,r it-f1 t isi4 �1, , i:.. t >, .., y ` j :f t i , k•• /4 `('l' , 'i°' "r,. ,r j 1 1,".eau 6;,!",/ Ii..., ._., , c., - ,_,_.__L'- - -.'--•. i_c_ __. ._..,.- - , - - --- -' .`.' .. . . . -. . . - ff'1- J' - . �'`I ' M Ao C 'A 11. The Agency may assign this Guarantee. When so ausigned, Guarantor shall be boUnd as above to the assignees FFj. IN 1`011�'i1-It'' O'' , " " : j'. J *` g Without In any manner nffecting GUarantor'a liability hereunder. 9n ,� " ; I 12. This Guarani©e shall remain in uffect notwithstanding , MV -4f any bankruptcy, reorganization or Inoolvency of the Developer or any sucuossor or assignee thorocf or any diDafflimancry by a trustee of the Developer. 13. Thin Guarantee shall inure to the benefit of and bind the sUccessora knd assigns of Agency and Guarantor. ; IN WITNESS WHEREOF, the undersigned have executed this L Guarantee an of the 15th deky of September, 1986, JON H. TILLOTSON, JA. C arantcr HAYDEC TILLOTE0 TW. 41 Guarantor M D 10 11/24/86 3349k/2,460/19 ATUCHMENT,N0. 8 Page 3 of 3 NK. dt Iiy JLr A' -so, 41! ' A�7�, R': j 7 1 Srr' 4.1 -I- A V0, L A I Y. vo % A: JOR i. Cy:•:� �. 4\.;, I.M Ib i'... : .. v. �..: .l, ....la,11 �_I ,' 1 •:., �.., n i1 't- i i` f' �, jjl 'ktl 14 % 4 rlr = STATE OF CALXFOPMIA j B 13 W! COUNTY OF ORANGE ) t rs�� ' � �rtd 4` , t' � 1 Oil. bef-)re me, the 4 underaigned, a Notary Ptibi ic in and for naid Stnte, parBonall.y appsared DOWN It. TILLOTSON, JR. pareonally known to ma or ence to be tho person whose name is subscribed to the within inatrumant. and .4;A acknowledged that ho executed the saiV. WITNESS my hand and official real. J.- A 41 0 OFFICIA1, SEAL JANE REILAND NOTARY PUBLIC - CALIFORNIA (SEAL) tvs)vvcntscouHTv Iff ermM. arifes JU.4 24. Ign Ot. ILA v Zoe, Ig -f —4 J190 IF 0 I It 11/24/86 3349k/246Q/19 rd 6 it lit -P, q13 R, ';eQ -0 • .. "'+'.-1 y�ff•r`� ' to , t 7� r t i 3' aa'14is�rs i �• .{,Ai _ ri, y,' .. �. t Y,;' + '+ � r,..t a 'lf,r f' � ,F. `r :. �. �`1 •G .lr is, '.. 16. S t. tt '. .V e i r ✓ 1 ,f .cl`. i "rr u, .. �,t_ r� :<i';. 7 1 ', - ; dl si 'ii t-�,�� i�(• �z �.•.>ti` t r a, i'`I;� �.�•F't'{t -r` i'rir+ t t �i' •y/r i s r 7� �;;� /:, , 1.•:� it*,� r il'.' i -�. !k r l tt 1i y {V '(P t r1 i, y ( r , �� t'i i•1�,.`. { �1f f�r�-�'+ }. rl ei T +'_-, r t ;-1 � '' .i r - 5 it •,�1t1j r: �v,, r�(,.l r `( '��4. �. 1l1/� r F ,y q; . u.� �1',• `.�. e �n 7 <.1 rl '-' r;� ,� 1 .,, .�.- .. .,. �Q Z�_r�\'±r �F`�1 - i{ >r {i 4 F `a�.r ��`` - t,' /: �- l _ 'Yip !ti F, '' j�S• elf ����.:+ •. >. .: r, i r r f.-� �•.;_ ';',.. �f(1,:; lrr� � Ir r� 1r� '''•44t �� r ' fir- Y� rt , ., ' 1 a r(1 `,1 ,a' `��4 .'(i ,r; ,f•)>, `.'r( ,lst •.�" ,J•'ta .< i '":J..'Irr yT ;!1 ', -IZ' )� ,v;.T'� • iT r; 'r. � ,' Y� ,� fl f. ;e I? !>FAi 'r s. ♦� „l :�;��'rJ�r}� ik .� t.. 1 ;i ,•�I�1 „_'` .::�5/1 .,r � a:. •,'}.. t" r' 1� �: '•1,: 7/ %!f <� It.' ..'1 ,�1 �r Fr' .;.i•�trrr,i.iw14:: t it.._.- .T ,. .,.. , ,;�'+t +r,l ',r . i , •V �,ti , ', !T =- RF i',. , r 1.• rl ry«'a , `i rr '• r •... t ,- a / .) • t • F y. ■ 'M,1'V, r '�r1`4�• .:': 1^,,1i; 1,p ».; •: '. e',`',. , °1. (j 1 r '. �;. t,11,it + •�I1nr <.�l,l.,i t wV. ,.... Tt .., a ,,r ..'Y •.tj♦ s:,rl. t .:.::'r• :,'. F ,. � 1,;/ !r s .t• �`. ., . a .. .ryr 1 ��.. ...�. . r -:_ < '':• ,', If .1 �,r 1. il: ., '' • 'y ..i} .11 .t�. ._ rr• y ; ,. •,.:-.-.` 1 i7;'-. `r ",• :F , :4. - ..!', 'i 1•, '{ , 'i r a},,"t �,.l'. w, 't::��:'` M AFt' ..j �+r.1t3 (n - .. ,. i, ., t •.rr ... .tr ''1 j, t't j( i,� .� .•yl It.(k }�y r-'• = 5�• y�','.-.•1 3. ••s Fla, ilA�''4jj�aFW�I�►VrlYrYl:rM•M�'<N+r7ila•ta — .:>,asp'.`74.kk::i?r.+51-.t4:IrlYlJ1YJ4i-•'i_1.^r.l..11...�n,..it.^'.7''YI►�..i.,..t , l,:.fi`, ...(,a...i+F. �rN 4�-...... ...�....�,.I iy.:J4JrM#..�.fai.�M1r�l.l`' x' � � ,✓ilt,, /Matt, � t L r 1 3,yt��(t i _ I •'I { �+i1�d .iN , °I ,a , STATE Oi:' CALIFOMIA } Ate",��,}�r j;; COUNTY OF ORANGE ' l f li7` f A r ilA' ..: tpN �1F! 41. •4� t)n ...� �� t before me, the undersigned, a�f,�l Notary Public in and Cfor said State, personally appeared HAYDEE TILLOTSON known to ins or proms--ta-mt--��-#mac-.b�sS-a--af ��` e���i4�( 6*4ka a,:tc y-ov±cItnee to be the person whose name is nubacribed a y>t to the within instrument and acknowedged that she executed the :+'� a AMC WITNESS my hind and official neal.Of 4 ,• + i t ( it + r . ��� BtrfAdd�ff�H.�+1. 'i , OFRCIAL SEAL �' r (SEAL) + JANE REILAND NOTARY PUBLIC - CALIKAN1A r f ' !. ;'t i j M I(nANGELES W4tY hrl. V , � .� 4 ;5 � � � ,�- � � � s, ,� f} •' , IJIT :a'n�n. �+p,rrs IUH 14, 1QMt 111yyy 11EE a P al^I�lr 7 1-' 11 r - -i, R iF 22) `b 1a, _. t �L a�+r. K • � ;� C a l r i t �� l•? Vlti ? r � �.t yj+t j� C) 'rl r,l i<+• i' 7*. r`',,Y'i' t t rl iV''S•+yi \��irf 4�tf},i e ,�1 r fA7S � r )u's ' 4+ .;'fit,+ �• v+ '- 11/24'/•8S 3349)C/2450/19 ,f 11L!! L Ytgyi�¢�(±3j�l�ri +ii1t >.ta.irr i .�yr!l'1T1 �T�AM ir1r�7�j �{►`�� 'Y' i l•r 1-', t' _ 1' 'i�1///%r i♦ , i I,f r + `! +I (t tJ (Y^t �tJr< "t';At� 1}t'Y,,:+� r a �lt,y hit I+ 1 t t .� {• "`'( ,t.: , rJ r f ''' `' ?il ` .'1 i , ( � + ' r!' iV, b i� tfJl .mot rl tif' +{ • S 1, L t r i �~ \ l.6- Ov1 ty l7Jr rt F? �j r �t t.'1 rr� t) } `J '+0 � d , , ,r +li f = t r .7,•t tJ'. t f�� �. / r y r� �. j:In� �! r31: rf Ifj .J� r • ! F i gillf f :r •! jfr� t� :�,< ++�, 1 li. `r Ili,, tr.+ Y , 7 Fr ?! f ! 1 ,: 1 r / �' t A t' iJl ' . ♦ r'! 1 r t -'i ! t " r L� Is,-. !r j'i;, f, tt .. •� ! r-� S U t-. t .• � r 1 +S.• (!t i t r Y r j !'r 1 ! 4, r f , r r fr j f{ V 1 tt r i ,,. , ry i ,� 1 • ` �! rc ,✓ , �r f4 ,r ,, i I .-r7 , 1S � t a 'Y( r• � . •. ,} r. r� 4.' 1} T. z I�r - rr�A��f�,g��F,,i�yr; r f r�� i•f t >, r <.1 it ti ! 1 L '.; t. 1� r ' r f r ij ;r I� r�� S t rr y will, "'# � 't 11 t ;C !+' < r •i , 1 � 1 • •4 f r '.: � r f (A xx ',1 1 r: tr. y� }.'}f ir�. 'fit' �-+!k t i��.. (F. r•+i r3., i ,k,Sr� ,or iF i� `'1 � S :Ii+��L 4� Z : y, •i f 1 w.'7 'r. t : it v+ r r r 'r !j 'C r`• }, f i Y rr .y '� ! ryrrt` �11 1'rr^� Tft'1 A ! "'1 7!! 1<< ♦ 1 ! 1,'.�/ .(.{ t� r, i x •F•'L �,rY{CI Z, I h' k V rt^':+ ' ��: t r { ilF�' % ,S " i a r` i �'!,i .r , 4t( �t rl ril'� t �tt1,rY„K. >�` i �l,.t• t4�-{ / • T (r r�.� 4 1 + t rJ'} },ti. ' i '1 ': '�i i> >:. rlL� ,c? Y • yf ,lt �r1i� f l }r� p , � ! f t # • r 5z `r�& r t ,� it f ! z + �a o )r t t� t� �j3f�3}tt li p �'i=!�, 1�.1-14'i fro �l�)r rT t�i, �l i;rr ri M1j�5ltl +���A .r+ �ilir�J r`:: r in t_•) ( �t�/.-tr lf. �i,t��j te�r ,:Tty !{�',t(•�It irj y7. %`i-,'Ia.r• � 1 < .,f; t ,�Z 1��: jl 1 �T`�i t t �}:� f.. � 7, r ,� I r ..t. f {j1f t t�i'''� af' '1 t "11 tli rrtt i/.�.TF..f�lf jiCi� ij�,{tii�(i..:7t��Alt lrrAt°�11t 11 i 9 �t ,ityi`�t�yi f1tI ���� i •'; T' i(� Wt•.kla,'r ! {,.' gNi' t P S i•;1 "�'' '.4t''��J' 1 ; r. �xa+�' r''Sa':I t srr . ! �j'a,f �, � it r <J:.�Ilr r+ ' � �t a t 7•..�!}s ft,'�Ir t tF %^'1 •r 4 'r rl v ° t.. a '1_' t f.. 1 I! v Cf_,}ry°'S,J .'�rAiTtl .iw:.ic -- — - 4 �,' t + 1 .l •`V 5 ri , • f.';) x f. St 1� t '� , ,- — >. lit ti� ��•�s + rCr.��T£ilttia,J ',).(f� I r".1— r ., t , , L ,�'►"',+'+,hMrl 1•`r1 :l /f �. - •(`r lr ''.t ( ' �(Ci•y 4�� t t ' "tip,_ 4�f •,1\`��' jyx , .. , ; s.17'✓; .f i�., t .-i.a.t',.>�+t a: lr ., �1 ! jn! �, ► � 1 rat:( �� �' .j �Sti �� �•••+3i J. , `"�� p• 1 ( r f'tr �' � 1} �f � 1{ I'J rr fy- >. 3 r ATTACHMENT NO. a c, r l h�; lihf..• 3r ..'ire! t� '`. ,C .Y • sit GUARANTEE AND 1�GREEMENT OF � •' f,' � '_ �^ A r rl it ,1 r RICHARD JEFFRE'I AND LISA JEFFREY entered into by Richard Tt THIS GUARANTEE AND AGREEMENT is ri f,+r; 1 r Jo£try otid Li.>su Jeffrey, a mgrr3eLi couple (collectively,(+ ] ,�� r ,^ ro£et: reel to herein as the "Guarantor") iu favor of THE is Ertl-yr�z4' rkt AEDF:VELUPtdENT AGENCY OF THE CITY or HUNTINGTON BEACIY (the E t. ► 9 Yet) !:' tX `! •jz t- t REC I TALS a 1,tj• 3 h :.if,• t R. The Agency and Beachfrout Lake Street, a California limited partnership (tie+ "Developer") have entered into a Dioposition and Development Agreement dated as of September 15, err (t:prhe operty locatedor tile withinparredevelopmentoseB of the rproject��area of ment of certain property y the Agency. n. The Guarantor is a general Fanner and rpouse of a general partner of tha Developer, and will significantly benefit by the execution by the Agency and the City of..ghee Agreement. C. The execution by the guarantor of this Guarantees is a condition but for whit -It the Agency and City would not execute the Agreementf W I T N E S S E T V IV IN CONSIDERATION OF the execution of the Agreement, and of other valuable cur7sideration, receipt of which is hereby ac:usowledged: •Guarantor guarantees to the Agency t;te f�.M..and timely �t completion of all of the "Developer Improvements" (as defined in the Agreement, watch is incorporated herein by referenced). 2. This Guarantee is unconditional and may be enforced directly against the undersigned. No extensions, modifications or changes to the Agreement shall release the undersigned or affect thin Guarantee in any way, and the undersigned waivers notification thereof. 3. The undersigned hereby waives all of the suretyship provisions of the California Civil Code Sections 2788 through 2855. 11/29'/86 3349k/2460/19 ATTACHMENT NO. 8 page 1 of 3 r .. �'��' r. +L r��'ffl'�Iwwr;AttTJa?/t.Rr + +G ,i ► SL/ti ti7f •' t! 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''1 , •ti ` r L!i 1, it . t t ,' , 4 Guaranto 1 .)V , ,' • r hereby waives and agrees not try aoaeirt or >t � : take adv+sntago of (a) any right to require Agency t':a pruceeci t{ kGtr `4 J t', l,rr,' t; against tihg Davoleper (or any guarantor other ti;�n thc� "i °` ► t..1, ti % { 1 iR 'fir r ,,°, , f. unddrsiil7ed) or to putt'sun any other remedy in the AgFJncy's ' ;!'{ 1lti, ,> `L" i . ! ewer: i,eforQ p `' ry �„ :` =:'•' ri gt1l '', P raceedin3 agairis the Guarantor, (bi) demand i9 t ;� •j protdst, and naticQ which tn� Agency ow the City may bo r;�C� �)��i bi" "t ` it LL r , , J �� `l ', � = s , y ! � required to provide to Developer andor the Agrc�Qtrtont, x�nd (c j 'Jti;1I' . '� t�'ij� yl�i s� �'`' }1 la i ._ an dut o,,,1 ,,,," :II 1 'kit ,r „ Y g nythe part c,f Agency to di,sclooe to uurardntor any �,yrprN ,fi r; . ' facts A enc naw or hctresfter know about th© Site (a:3 de:firied Fl ; 1a J ,,1i ' in the Agreement) the A rQement or the Develo er re ardlet3a '' .6*, 11t acts ,+. A. 9 f P g f +;; r �,, 4. ,s, ! , of :thether Agency have reason to believe that any such facL•o :r�,��r',� ^ �f ? ' =is` r >> 4 materiall incrnue�e the 'riskR L•.3 and +that 'W c.h Guarantor r . , � t y Y "i1 r ) r,l',tGu, , ,r �; = ` 1. `j; ` ,Lt={? ,jr{; intends to assume or has reason to believe that such £acts are{'�t �►; '41 j ..I 1, t �r �.~, unknown to Guarantor or his a reasonable opNurtunity to .A. �' t ". )' { •* r `Xt< `lt. communicate such facto to Guarantor a jGI ., r it bein 9 y ` itf } � ` ,S.. `, , ' + k®eeih tinforuarantor is full tes onsible for bein and i sf" g understood and .. ! ,, y p ;� 31 = '' i t ' f` tt P g mod of all circumstancee� xegardiny the Property, r. !:,`,I•' .' 'r`+i 1i I— , ''rl;+,,qt;-` the V,'roemellt, the obligatio,a of the Developer, the financial 11, ';! t_ i1<<{{; �,11 conditrian of thQ Developer, and of all circumstancao bearing on I ; U ` „ ,�)F „ rho ris)t of any obligation by Developer hereby guaranteed. 1 1Pr °r t1 It , r , +�tk . , 1 '-' !'= _ ' .F S. Guarantor shall have no right of subrogation and ' -' �' 1p t y'� _.,� ,' r _ g �A41 J,�f waives any right to enforce any remedy the Ag�rncy now have or '' ,- qii �? ,t. ri"fit ,l "..,P {.` may i»reafter have Against the Developer, and any ilenQfit af., ' i +�••, r, }�{jki+rfIE `,I i`` ,x It, ' and any rigl•� to participate in any security now or hereafter 1 `1 t '. (), .t ',3 1 , « held by Agency. �" C r't Cr lL.f.l ,, r��' 1r �' `, A Se ! �' �rn V t ' S 3,Fr1' � . `,.7,I. y.•,?. 6.:_.:. The obligations. of Crtarantor hereunder are independent ! t= . >i , } s -+, 'j , { r }1' t', #- l r �r ', , r,: of. the obligations of Develo er and in t:he event a2 •default 1 A P f . ;. ti T =' I - ', - j'j``�rr ' 4 hereunder, a separate action or actions ma be brought and 7r4. t' t rr�. ;;. ,', 'Wy i ' � t. prosecuted against Guarantor for any otheryguarantor) whether t?;l� f` f�;1f. ,.': ' '' Y ft y' r,i ) ` or not Develloper (or any other gltarnnt-�r.) is joined therein or �xn� t:' 'Jy ' P •,; ", J t .r� j, a separate Motion or actions are brought aflainst Developer. 1 •tr! �� � %- . t 10 '. ti, _ `f L ) j�l uVl i �) ' 1 jt 'j _ , t, r ' I. 1 F r';7t, `l 7. In the event of any litigation between Agency and , p �} t ,i„ ,. 7 , , ,� .,yet , �' 1 i•;, ti ;,,y..=} I'i r,'; ,�: g Patty ;'.,t r •" t4�':i ,�..... r J> Guarantor arising out o£ this Guarantee, the. prevailin 1.,f; F .. V r `IMi ,w � tii" .ti,r `tL i , shall bA�ontitled to recover its reasonable castai and '� �. , ,r j 'T x"o"'/, . �t = , 5 �,:�� , 4i;t nttarney s fQaa . ��4 Y� t , Ley �4i .`/. J1 .i'"t)i+ J1 t11 -•jfi ' '` „ i ',• t• ` r �4. p10. , r S;a =,;r �} �"t► •�� +' ��; � 8. No provlsiono of this Guarantee cats be waivecl nor can I J1 I . , 7 ¢r ` a�! •1, t;1 !, t ,,y�', zy1 w ;.,it Guazanta�• be ruiea$ed from the obligations hereunder except b t " "_"4" E'' `y; . iI f r' L I, ,, ' �. , ' a writing duly executed by each of AyPncy, P y , 7... ��IR ;x'� I Yr 1 t t 'w •t,1 rr * y, I4� �, 1, , w 41, -:1 t l /r, i jJ . ,. r} ,• a t+ ,,i` ,t� ' } Guarantor agrees to pay all X'easonablet attorney'ty Ease �C ^ ��it, .' ,M".;�'i �' ,;{ , ; f g. ��� i w r +�: 4r. i 7 ,± t 7 r , �' t�J!'� f' L J t? ,� arid all. other coots and expensed which may be incurred by Y� 'ti'��' `�`'`'� ' ``,, 3't�rLi�;�t'i!,% ,r' Agency in Enforcing or attemptin3 to enfar�o this Guarantees 1��€L Gi 1 t ,. �,� ,1't, (t., E,, ,�Jf : 16)," tq' i whether thQ $a.na shall he enforced by suit or otherwise. ;?`:� r��) '; r4 =''�;. �' } 2 S�t;s, Tj . 1 ! :..1, r Yl,.r A,i,}j� �,�t ! �) t r i. r t, 4 �', t� V,_ , „ tit.;,, 10. Guarantor hereby waives notice of any demand by the ti fy�' % i �t>Y =t� r' ' sr ;,,', Agency, as well rya notice of any default by thQ Developer. �` ,� i �A%4 fr %+i ' W,d• if t.l#d y, , Tf y t � 1 :�� I I,r A n p,• ).4.ty.�;•t,�r . ;f `' f j,, �4;L,, ors l`'J','11 , i - ' 7� iy �!! t,;1sA jll ?�,S ,, r.—t r >r q, �: I�., 1,�fi�.t p `-I—,jb� i.—, 1 "'. rZ.l ��+t , 11 t F � .1 I . J r� ' Pi(. #y is .I Ii. e. 1' r,1 ,'.r- Lw. tM r : tis,. .� �a�'Lt ;s,t ,t ;l��-`s�k � fit• + c. _ L i .. , I. r,i,L; d;k r, t;r � . I I/24/86 A'CTACFildENT NO. 8 `� I%z, r; r .� yr ti•. eX t r h "' 33�19k/Z4fa0/19 F. yrig n' tr ,1; F,i,,.J }- PAg@ Z O a ,i{ ! +,.i; r vvv..7ii ' "f , ' , r' � Ffr �7 a , r.' J�'dM,Vc�,'}z'?47PlG.-t'++trrhrit;wo=="Irl-1t • r L' r � �, ) f - n. _ 'i- r !"., r I'$b - . a 'r� , i .• + Sr i ti1KJ•YA�f7A+YM%=itYtT.," ' f�, : r + �: t L)4 :y P�r L-�Y;�ti ,I, i�i It < i yy r .; , S„ •. A •`' r.I !, « ;f ' , IL: 14r, )r,.'��r t t. 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(„ 'f t r +, E, (., P j .7 � 'r `• i' , l " - f ;1, , 1 i, " , ,+ i,{; i • r' S �!�,- 1:•.�L. ?,f ,i.n l: t y y ,j : _ yl 1` ( , A1. �. • �.. �1.. rl, ,, r , o- t ` l , .:. t'. ,r,.ti', r- ri A' yL r r "! ,ii ,l rr, :r_' U' rt.. ifl 47- .1!as �f ,H:j, k y"yy.- Ij ''•:,�t;�i ". ,�:i fiLi A,. , .' r t< � 'f«:'i ) r} • ! r, - r, 'Yr -.;. _ �I' .�^, r .� a 1Y .,ry ��_ is .•,�jy3., T , A .I,, wT .r� y1 �1 i f l ..,:• ,, :r) l l ,,, . ."�� , � {�t'rI♦ ,+4. r `,/, >, _ ;1tr r;kl IK'`.,";' Sri Arc t J'---;tR, ,r: J} `'� ,,' 1t .;; ` c�t;tt 'c'' .y ,:r�. F_� (,»y1�'ti:rj •t, .e ., yy .rL.r.f�r. ,�• •'rt! t ,( i J,, �!1' �t r= +(, `)',_, ,1: ..i•;it t, .,,r i � f 1, r;. �,,, 1 .1,}cr MY tr ' Sr _ f y.4' , }. .•A" t, S r f i �,'� i f '_ " r t` " .''�.- , r t r„ j lJ 1 w C..,..'♦i r �. , j • I:.. :.r..-� •rr!..�,_: t;�.ti :Y .: ,I ,•:'. .•,./. , - -12, I'i 'Li I " l ItY r -, .. „'.J. C r" r {� iY ,.: .�.", .p'r' .1,,•C1.,,� Y. .,..,Is „f /.,..: ,f, r, f,,..-..t „ r ;l'rlq, y L. t ,1h+ffS lIR r' at e } r<,4 ,,, 1,, ), t , t,,,..ik! r. t l ' P� � l firs., ,. ,..,Jri' ti ., r i' •c ). i1 j,7 j yy jjy�eE . .•`,, .' 4'W": ,. II ,r..# 1,•:, •,1j'' , 't'.•V � I, ,. •1 11 --I I,, ) ';}i,.; rY '.e , .,.I St „ 3.'..\ ,,,.'.",..{ i� M+I.1 e,l . _'N' a 1..�1 I i I• Y. . Il {{ r] rr t �'� i �f (�� 1 " l . ,.' x j «sr �. i, i L. 1, t !t t .,' ., t ti lx", +t r • . + , t . , v •: A .4 4 A 1 t 7. _7 W W itkl�l1 r-4 -t W V»"o W At�t'' Vir "Ail 11. The Agency may assign this Guarantee. When so assigned, Guarantor shall be bound as above to the assigneerar withomt In any manner affecting Guarantor a liability heieunder. 12Thio Guarantee shall remain in effect notwittitotanding . any bankruptcy, reorganization or Insolvency the Developer - or any successor or assignee thereof or any disaffiimance by a trustee of the Developer. 13. This Guarantee shall inure to the benefit of and bind the successors and ansigni of Agency and Guarantor. IN WITNESS WHEREOF, the undersigned have executed this Guarantee as of the 15th day of September, 1986. R I CHAM E Zi I'. T Ou a r r X�` LISA JEFFREY OV;,�. ff,eir.!IIV7 qv A L!j Guard %A71 A� Ito IA if i1v L4 I r — %44 U` '44— 11/24/86 ATMACITMENT 110. 8 3349k/2460/1-9 Page 3 of 3 T1111 4' 1A V 1 Y3 I t V ; jra;- k) 1'. V 1 I-T L:•n 11-4 iI T 77 "i i. m2 w , `� 1 �,l.r p ' � t 1 } : ` • + + ' ' f'J t s ill�jy� M yn . r, 0,f _�''� I,�t,tt � � l�v/( , �° �wr• , ,l •1 t'f t � a r�� ' �y rw 7Jt IS.' R , t � 1-rl !. r,t+ � . ♦ �� r z f �/ i f an }x q 1AN; .. ',•• it :l '1,� �� J,� +��t zi s S , �Ir. � .,•,�t.'•�{/r7 n ., y� �%tr SI !f � e -r 1 n 4 . P ,.�► r,;,, , ., r !�, .^! n to t+ ti I +:.. _t:• -. _, .._ i :•'s-. '. jt: it .t ,lr, y' } '�•+ 'z,•. ti... ',d��n R ..•. 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COUNTY OF 0AANGE ) An ..iJ�ce*ARW of 110Ybefore ma, the underaigiied, a Notary Public 1h and for said State, personally appeared RICHARD JECFREY, personally known to me or pt- d_ enee to be the person whose name is subscribed to the within instrument and acknowledged that he executed the dame. WITNESS my hand and official seal. \,j P OFFICIAL SEAL JANE REILAND ' NOTARY PUBLIC ► CAIIFOPNIA 1o514aUs MONIY Mr C"M. Mir" )UN 24. Im (SEAL) i • 11/2 4/a 6 3349k/2460/19 J tir 4�t r r F IG'T4 i't�r0 r.uci-T~a t - 1 -- 79,lp�� �• 1 t f` 7 {.• + -���r 77,e Jt !j! t '..,17 + . t r V! ! , �tlY ,: 'i ! t �rf• � {I+J �F+i '� +, A r t 1r !p: �; YSr ! tt r tt Pr t r t +tS k ,.< .; 1 ►� I t l- r' t,}I ! y { � ?E t// ( �, ti ' .!i / !. i 7` lfz .• � l!t `.�` I + 7 �� �rj�, ,r, n} t 1 �'� z iJl + �'tb!'„r lrt[l /�� !t �� �� �• � e ., y� ! l r5ti. it+�.. r. ��'HI1 •� :, .1`t � l ` v^ 11 ,�' +;!j'=y., j I �r�4,' r In «I,t� !� 1� 1 F�'� � ,+, t, Gl 1. Ri , fy /t ► r+ e r t !r:.r z rt , r f .. tt, � ! 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I t �� 4 r r.J - 1�=. , l� •4 p +' t ,fJ e ► / , NJt4 }! �.�,�•�� 1t r !r 1 •'; t t , y, f ',/ , { r ,:' � Ftt t} e! z t =1�t�'N!r t,`Sa l ;! r t �+ t-,'� 7l It+t ►i' 14 tt . S 'S J r 4 '� 1( S/ (t� ..r'�i, ! t t ! !l. r,f,� 1. �1' ter...,, t .S ; '!�t4 '••.7'i1 7./ •"�•Y z V�i \ 14 rr I ] Vf ' rr' tit r ' . t 1 �'l'� •t :i r...c� ) 1 , ly • l f' r' ,f + n ut,,s }l.-, y1l � : I '' , rr j, t'•1 � s: ., �:• " � 1�'. �'+ ` r, r r : i !-.'t;" 1'[�' r+ t r r �a�';t � '�, I:.� j } }1 1 ry t}f�y�I 1: 3v_ tr, f t t y 0 i Z fi 0 cpl STATE OF CALIFORNIA "MUM"Ir OF OM4GE On jeC; 6s&je B.. qf.10 — -_ bof ore me, tho undersigned, a Notary Public in and fot aaiA__§_t_ata, personally aPPaftred LISh jE:FFr,Ey known to me or I t I *."- 4 ra - o L Mv,+!e ftetery avi-dens 4--be the peredn whose name is subscribed to' the within instrument and ac)cnowadged that she exec -Uteri the same. WITNESS my hand and official seal. (SEAL) •OFFICIAL SEAT. JANI: DERAND�iurc RMA Lot MGIM MJXnY AJV2a, 1913 It I 13349k/2460/19 7 7 f Wo 47, 77 :y 7 W y}k"T. ;?,o, L A NN Alm tv z rj, f4 ............ V I R.j 4 tl "44 I I , t IYI,'_ :. `! ,' r 4 ,... I , _ it 21i'_4x ,i S A., ems !� /-,, 4 4,'SI J "I !, j • F y I, ,Ht+ i l.+e t II,I ,1 t li++ D t.1; '{• }��� 1•_ ; ` J - i 4 v t ✓ 7 r it r d! 't c •I YI I 1 ��' 1 r<4 Y i�Lw� 9ie I '� �} :• a' r• 1 !'' rr 1�! h t , { Irwt a fS J 1, ;r ii 1F �•)/r}�' F'. r � t � t t I'�I i + 1 J,-'L 1 f 1 j 1! it - 1 I. Si -� j)/ rl lft ';Jt t. -.P' S<1. r ,l 4A," a }, + Ili , i. I! ,+ -C, {, i VI ii ( 'r _t. 4r I.Ip9 f.t ,t _F, 1 �� 1 !i Y�•! 'r -i �'../ rµ .`.. �.��? ,1 `fj i t w{ }� .. - L q , -% .� 1 �, j + �� if ti t. �!h( ¢l r ,I ,. t' �.J } �� , 1 i l,(, � fr�t. Ip` ,r• e - �.,., F- '... ! ' 'k� , r 1 ' ,1I j.r, -0Ci •`� �e ,4_ .f. 1 ,r 1 _'t '^'' i 'Py Itti/li, yrA , `t ,•, :r!! 1!f i+, �'. 1 {I!} [ r•!+I11 F r 3T ��. 1'.:i .".. 1,-.,..i ...,,• !S fr a,?.� ..:�.�,.• it, Tt rr I. •!. yI ( Win. 1, 1 t , Y , . r , io { - •, .. +� l :ii 4 �er,.r .,, ► .. , . 5' .I�,71.1� r 7 {� t Y �(�}'�'"i, Sl I ,.=;" ".�',,IY ,.,YA4" +'�t,.s ..........5.<w:l+J bt•�(sr It r,:�3:kf{ rra! .iXru lZ.: r:;l..�. a.: :h.^k♦k: :.', i�r.�'f+ 1fAarrw..�uwr�w `...,....t :441t, h '1 . t 1. %.� f I r t I �1 � I ' �r,I4ef Y ; , r; I r . . � �' V Y4 L I -. ' I '1' µ-� q f, ;y �, r iris s. l:�If I 41✓f �F/' ` �! r ." ,., A , f _ �v r «�'�^I I O .t s •1., .,,, +%, I ill r. 15 ti •� Ci / VO 1. —, 4s 1.. Ct: )I t- F 1 `,1 r `,' ,i 7 I> �� I t, 1 A4 -, l J )_ Y # I FI i , ) y /` -1' '' 1 tt I + t ,•I r }I } i,.'I '. e,, QQ r 1..' + +,? fluntingtonGE;eachURedeveloptft?nt Agency ) y r 1' .:, '" ' h'hen RecordQd Mai 1 To s s t " i ) ; j4 � ,*i ,: 'r. Huntington Beach ) t`` , "'i-I.k `:- L ':; Rs3deve;Lopmnnt Agency ) :, 1 + - > rtls . I Attn: .Y !,, 24' I 's I ,`- ,� OFFIl:E GF THE CITY CLERK ) = I 1; , II 1J,, J'� ;,1 2000 Main Street EXEMPT ; r`i f r " t r{' I, (7i 1 i P.O. BOY. l90 ) Ci 1 y..r.l �`„�i'tr; Huntington Beac2i/ CA 92�48 )�k1 "b { t , '*"r - �' "A "Ll ` ', (Space above this line for recorder a uee only ] ;t yet' i r r- Arj� J4 r� ' 1 \ t " . -' /rr^ " � t-,;:�1 r� 1.1 {I;.. ;< ,�s 1, "t, -,� ?hie dooument is AoYolp rar ttse T: E ::Y E , Rg- j�,�, :.I 1 CA T4I.11" x iS 11 ,1ry,t. tF� 1.,~J, it t, 1 ' r , r t'" f rr t' 1� TY I. :w w� ��a,; r tt' Y 1sr IC"• I - - 11) 11 � y_,1, . ;,., , , , t-, % ,*-, - , 111:',� f i �^i+i�12! 114t � I Tii � _�, ���xJ z ram !' `, , `� i. i , r11 " Yf, �I' rt. 1r .. i } r rt Y F t �1 E, I,� !r,ns .° l t ,� t , ; { ' 'v , , ( r S t r , �� '� ,, ., I rf I. A 7-. 7' y �It. > , 1, 4 -I r ;y .6 � r t t c Y� 4 tr 1.1 , ♦1 ::. , r F , . t i+ , t I C,1. ' ,? i I �R. f/{ r�_ta l 1�1, } Yir I. sib ,. i ?lam" I, F t: �, �l.t' - ,1 .' d I i I ''•' 1 ]� I} "{i�iau� ,�yi>, Yr}.", f �,l , e,.' 1"/rr t )', Y 1` 7, I� , i t , ,� =="fit: ��ktt ��' t J II t, ,3-.'� � jt J'JM t' �,- ' % t l'rx rl (s + I : r 6 .t �.If r {1 ;1 :, ,_; r, 4, rt; r1 'fX'tt I r1,,1 1"f -i / 4 k !:t r. 1'„1 it rile,I�}'1W e "1 + jj + 1 e ,ir , x,+" •:pI r r Ifs F, f`t tt 7, , 4 , 4 - , lr , 1hr �t1 "►i { j�1, ' -, j is Il se . ijrt �.S}, F , ,rY� 1 ,t t asap ll) t- .X YI r - Y,C 14, rz t 1 I 1�', "Ir t*11 Ar rtiw 5I ~ �' ottioial buainhss of .he Ctity MEMORANDUM OF AGREEMENT of Htmtin�ton Hottk:ls. as oontetr?- plated under Government Coda 900., 6Z03 and should De reoor�'.�d free of chnrRo. TIJIS MEMORANDUM OF AGREEMENT made and entered into as of ih 'nJ"Y. the � th day of S�� 198�lj by and batwenn the HUN'!`INGTON BEACH REDEVELVPMEN'1' AGENCY (the "Agency") and BEACHFRONT LM STREFT, r California limited partnership (the "Developer"), IF Tics Ag�ncy and the Developer have entered into a Ai:�p�3ition and Development Agreement, dated as of September 15, 198b {the "DDA"), a copy of which is on file as a public record Kith the Secretary of the Agency at 2000 Main Stzeet, Huntington Beach, California, 92648, and Which is iacarparated herein by reference. The DDAI affects; certain. real property, including L•hat certain real property situated in the CH I ,*a r', . �``I 4 I, t �' . 41 ► L < {� ti1 t! -, zk t r A i 11 t7rri"4'Ir 14%r P+ � v,-III ' � ir' M;'ti • _ y' r) . i .rty 1.t.o1 ; t 1 A - ") A t J. :y/ At`t�t�"1 I ct7AM.,it _Ji t, I F4 '•i- YY >; ye�{ �� Z I,. 74 I k%,., 1 f t j J lk7'f. ) 1 t ii. 1 r�►':.� F ;I yN*11r�' yeti �i {:,: t ;t Yfi,y`I �FII ;J71,j,",r`k r r ii Y i 5i 3.•4 ::�, r ! ' .'.''t I' '{ f t , ,' + 7 i �i h 'e F.':., +4 i i • t Y,,,i i' y'iJ> 1 •,LZ,ar i.YA iil�.7.Irr Its} 1 , f. t.Ifl jt,�]f*fZ.i�SA 1T v .S` }' s / Y /,r`(';'J''� jii'+Zi�ll'W.liY('F.�s.1.�==.T1'.P�t'.fla,•1 +t •.:1..;, ..•"1""",'-".�^""","�'w rt� j -;§:, fl + I} t L4 {: Z;i;,: •it Zr.)� i •.:f :, x.t '. :. t ; ._li - "" 7: ii,•� •r I ':, '!.,'� .. s, ' U 1� 11 ' ,r t tJ'l 1 r -t .I `1J • �Farl, t,r t! 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' J Cal o a - 1 before rrle, a Rotary Public of the State of . I I`, ilLc t1 'Y L ,1, . . ,, �' � ��,, �11t�P�e(rsona icy appeared I. rt t r` 2 a4 A f ry ( , �s Ir{ .L0'b *mart; --aft A 1 i c i a M � ,, '' �. } �� ; i n ►„ '-' , I . of the Redevelopment Agency of th ent t ' no►m o me to a the Clerk~ , y` r't ij'I'l-Ic. f e City of Huntington Beach and known tag J`lIt''t I .fy xi�v� me to be the arson who Executed the within instrument an behalf of said {,� ";..'i;yf i .l:. r>It. .1 k , 't p it �l i Iry " ` , I ' r ,3- ` public agency and acknowledged to me that such public agency executed th r1. J#li�iti r t}(1ii a ,�, I ' same "K. jI =if` t `„ I 1, a +1 a+.,j r�jl +.;?ij iWy } I, k'r 'I l irt.I i' 44 ' t t I• V ' {yr2 C;% , +I# „' do I.- �/ ; i!s fl,� k �v i" (J "zt4L1�- �;,�j 'tad! rye" +y' t my •yi e ; f', i j r { t Y ). f�£;(� �r i4 , Sep b L ,�_ , , - , i I i , I `_[" r r r1 ` 'i.Tri1TE OF CALIFORNIA rs 1.! r' } ",, ` �fry s 't,t.t.-- l't•� *f4t COUNt■Or .. «.- SS. ',.11, iv ° 1 { '„e��' f �; b t / t 1r1Ir 1 1 I > rr{ It ` I' L�� >s� t riL1 + z ' , !, ! , b z+T? r q.::� yy 11 a I _ ' {�1 L��lif,,., �.i� fl.1 . 1 �' yit'i y{rYr ` 4 X1 t + ' IA lkfore nter the unde[sigrted, a Nata>/ PubUc [n and for 1111d Cuunty and F'OR NI)TAi1Y'1TAMP r3 t l , 0 J t it �! t 'r rrt ( . pe nally ApPCarcd _�.. ._..._. I �y,}'.t'�'71! �,r,`' � `. I$. }' Slale w r / is k ,3rk1. z r 1t %7 �li 'SAtt1 L1L } z {ens r:L r}�!,� , � t • ,,, r i%fir_ r s _�...�- =i r" *'' , ;, i r 11.,E 400Mw +; - if ♦ .. , r ih1 rwgc t I ' r . �. . J ., • t I c ti r, t t t 4 , t.f x t I'r off! S M u ,;f I• i1 � � f i 11 a-Lt 1 IvI , 1fist ' 3 { p1 : ,L I. J y I �'i ' 1 . t , � �� J .:r„ �_ , r t vtia I. lc Ya 6 r tr, Y ft tl •f--, I `f I< Z.. " •f �'' r•, 44,t t} , -;.L tit y } !. fi r,t �Y.` i 111 .a �1 �y(,l L .I -r r t �. / iL i t ,, 't'� 1 5 1 T.:. f I z ts, - 6I t ' I''1 .. , i^ *,fL i,F c, _1 L ^ r w L t� i a t l t t f t tit w , ! IJv k` `}S , , �� `,, iT T , 1 , ,: y,:; I� I ' I r Ii ;, 44 ' tx s� t. L Ft:kn 11 i J{ 11 + i,1 ik �I :J:' �� i - IP r ,1 rr - .. t... ' -_ _ �, _d IIr 3 ,,, I I( Y� } 3i )" r1 tI . ] :; .. t}rid . 1 aA,� ,L4 ly "r 1 r . Y tL? rj f" i r I c i 1 N ��. Yft J {[Y ,I { t3f-��J{,.�3-- 1�4 �tf� d ,1 , 'il ��.t it'x�fA. .*,y t _,-s-7_1_1 • ® personally known tome ❑ pro-ve] to me on the ba[b of utlarectory cNidence to be -3 _.,__t?Q >}41 of the partners of the partnership ot that execuled the within instrument. and acknoM'ledged to me that such putnership executed the ume. 0 ,I f lottry s [ .fq_KA=gL__ OFCICIAI. SFA.1t NK`_ JANE AcILMID 110TARY PUBLIC -CAUVORNIA v IlIS Mt�EV::01.Vy SIiS�' iAY Comm Igrhr' MI Te 1:ft PAS-43 (GM21 .rw�rw�rw - trr wt.w..rra.w ttdZY..=: - - . h ` STA7E OF CALIFGRN:A ) MITY OF ORANGE ) On ftdrfty a 1p before me, a Notary Public of the State of California, p rsona ly appeared J e ! , kno►,n to me to be the Chairman, and Alicia M. ent�lart ,know co me to be the Clerk, of the Redevelopment Agency of the G ity of Htlnt�ngton t3each and known to Ire to be the persons who executed the within instrument on he�Ialf of said public agency and acknowledged to me that such public ageflcy executed the same. jtY�'At' • 11-1 � •}�•- ��, �� .r •tom.. �... . *i• i_ I �., I , } •e Y ,r•• S. r t. r.,:1 �ty '. S s , , I' 11, I l n! t + J, 11: L ,-,, r r Ir . Tt' } t to �..�[].1% i, r1' 4S I I1, i {}irMt i ♦� f �.tltI♦♦I�i�1�it i'l '!'if I'll { p }Q, I � F 1iiu , { ' r 4 J 1 r 1' 1 1 ?- r , r�; . 7" I •, 4 i ;. �: + ty,* ,fE }I ,) <<, r Of 101 {��,�,{I/,./•.��'� .. y 4 1_ .I'. 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I- I � � I . _. - ----. - I - . . - , I— ---.-. -, '. . � .. . _. - — .... , ­� . ;, .. _ ,; , ■Its 0 44 s� 1;, Jj jV4, 1: � )AR, 4*1 87:-248010 'T 1 14f 4 City of Huntington Beach, County of Orange, iState Of California, particularly described in Exhibit A, which is attached hereto and incorporated herein by reference and which is currently owned by the Redevelopment Agency Of the City of liuntington Beach. r. This Memorandum of Agreement in only intended to describe provision the DDA And shall not be construed to modify any thereof. IN WITNESS WHEREOF, the parties have executed thin iustrument in duplicate the day and year first hereinabove J,, ; writton. j `ATTEST: By BEACHFRONT LAKE STREET, a California limited partnership By: /Gdheral P�R­rtner vdmexa�T fner,\ v5t S V f , � 't' ' 4' F; 4417d t 0 'k "'; " �,­,'­,,,�,.'.� 11 41. U-1 'i )"14 % 7 1 1 4 71. —4r, F .41 M 4 A- �4, I 'K� X f; -, 1 ,,-!-.�'"A," -,,0!.11� . , ,,.�� f . 1 11.I1� . 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(611 1� �, ':. ,, 4 i { i Y, r . �': ' .J .1 87-�48o I o , : t) ,��`� ; 11 ttj r ii jjr • r1 e ,L�]]?? ;5 � Attachment Na. 2 1F' tt`�= `' ., �� >. s, S tI- tat t(1 t,Ii11"tV r , t {t .' zyt3 .ffiY~I.1:•1 t i:'3 ,'. 11 ,. . ' M1, Y,)'4wj •f LEGAL DESCRIPTION ; j f i , r"ir1 F II.. ,. S Foil }�yiJ. I:, `' *,jr­4�. That portion of the south one-half of Section I l Township 6 south, Range I 1 west In the , rfl 1 jit� Si i ! t t: kr r. r+ xl"` Rancho Las Bolsas, City of Huntington Beach, County of Orange, State of California, as :,tt �, t }} rt II ,t ,1r t, • tI t w'�` . . 1 ` '� r shown on a map recorded to Book S I Page 14 of A1lsccllaneous tilaps in the Office of the tf, I , rt r ',fjV , �, Vi t, .,r 4 r, a x �, t'itk�4tt"fa rt ,.�r, =r ,tf 1,' County Recorder of said County, described 35 follows: xt`«},x,r� +r+ r f 1 . +' %_ Ii �St ' j t tE i 9 rJf< r yl t.$ ?.AI{ y r yyt �, ,� ,,y :..: I! s >~♦ • ,+I pry'- F ��7aArt7,(" tJ { �iT ,ft IA=r ',! i' 4+t, • ;'t ,.. ,',, ­,,, - ��8i,74�_:,, ,1 , ,,,, ,,��A.":,�,,:,.,"..,�k, *.T­- , ­., --,. 'Iy; i ',:14S"_ -" ,f .jA�,� '1�, ­t,, .. 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':, ,I iS '.t tf. n�'� st!Iq,at •; �jl^r��r ,,^ �e!''� ,...� " it �,t' 1. •� tl rt I , t i`j'` ' : e`;5 ��tMM;.1. :: W,, y >.,. ;� : fLii:z.;t.4M ! , ,. . .I i... q.t - s ' S • ' ' PT - t k r f •....♦3+a.,L.twiii�•f,1CY�w � ^'. ,s n4 C.�' 1 .'a. .7i.`...,.✓I�t•.• ♦;:-}I : ♦,�,.Li...Ia.'.-. .ter. . a:: ;.i..r.:i T i r t i�ta [rs v • r' t . a afiCw „ ,y ,, ,r ,� r, f 3 I� li�.}' p r 1(�} +t t 1 .-r i / .. 1 ri j" 1f. 1.,, f !r' r ��, l.r -rt-t, i . r 7 -.... ) ,GI 4, Y (O , , ,LI ',IA -I I it �1i1��.,� • r �� { i ,I I >r",',,r+R !} rt .. i4t r 4 I , ' t s; j. }! I .. 11 f i CONFORMED COPY 1 ';I��';4 ,,♦ri'' („It��' r r t �'ar r Not Compared with Origin,+� t�Cb�O�p �N��aG Rf' apANa� coufm. ca ,r > ,1 ,7� , I,, .:: I ft .af j / I ri r { t , t' r NIr f. 1 I 4 �� 1 PM BUY 4 N� j r ; . ii t F• 4 -- 1 IY,I 'j RECORDING RE UESTFQ BY Redevelopmen* Agency ) tY t 1 1 ;, , i$i ,f . Huntington aeac , 11 :'ir ,:� J. + W}ier. RecordNd Mail To: ) Cu P'liL3�., II. , iIt , i) 1,. , f': I �t 1 ♦ I to [ . - - T 4, i "L ) hV f f / I1 �J; *.�«t ,t r c ' _ ;° #�"Vr-(F'f���" -, Jt Huntington Beach Redav®lo ment Agency ) , . 0 , t p. _` tt�-1 (tI'.F4 r 1 •.c 11 t ' , ' l - ;, rii ,.a , i !, �S ° 1 , ., (!t1 .� t, t' f / t i i ;' L , J t 4,41 4e t - r1 /)1:1 ri 'TI'r, r, I_, '.1`1, t�}♦ ;,l i, t y !_ t 5 i 'r I ' -:.x i;y 1 t ;:1 tt,� , �,�,,� � I _f , rl t tIt . ,, t '. I,$'-� 4,I t 1 p, 1 I. ..',l 1 9 I/T, ,, s }# t } i , Irt S, `A l', f F Y y 1 >,F 31 , �,' ,tif •A i .•, 0I I`jIv 3. r,t r li r. r ;r t+ (r? 1} Y , t) ,t" N,t 1, T r i i .1 a t ' t'/ Zia t II r' ) iti r- r rtL j r 1 I - r , r,' 1f r 3 4tjjj'�� 'r1 fib' S �}}:ij tit 1 r et ,'' . I > lea, t_rI s �l ij $ ,r 11 • 1, %; ',,-N1 `. 7� :f t , - 1 ; sf ,,,4q. , -1 ) 4 t"* � j is K 1 t'11',� r 4, fl efc i t Ir tir; - %f 1 it t tf ij �f�,r L I, rt /j}} • �} X V ' 1 r5 )F " 4LNy, , , a,�" 1 rA ; I'I!,hi , 37'. 1" ' i ,'illl t f1 ,j�" , S it, 'I rP V r ,(: r r, , 1 ' i e14 '.yt'rnL f,t t i, �, , q i ALt , 7 ,, , r ,�„i , ,k 1 : t ' i} t3' . 11,,, 1 les iP!igA'.; t•t� ♦ + , A •c r { S j14;,Y 3lt��'f !'ti t) r�,L , , t 1 r1. /I�f�T,yy� i .ir�s•rJ rl' •'l.. e t �.i •i J .. 11 Attn: OFFICE IGC OF THE CITY C! ERK ) .. L� �.I `� 20OD Main Street )EMPY Ylb' '''�' P.O. i30X l9O ) A. r� rt�tr, 't..,� F ,, 4�U "A ,-I, 'i r' -1 ~t Huntington _Desch, CA 92649P C 1 i, } ;�, . 11 b': i� Ii ( Space above this t ne for racorde:r s use only J r , iy� a f� 3 Shia dooumont 18 oololy for ;1ae gib? L1.67�' c!Plaial buainays of tho City ' plr �Si•.`� t 3 of Huntin7+.en bon^!t. e+a oontam- ' �t4�, MEMORANDUM OF AGREEMENT - w } ",,, c p1elLed unc'ot Co �or1 Font Dodo a; �-1 'fit , •. r ' 8ov. f320� nod ohould DA reoorded r '�4.. :� free of ehnrRo. r� "!'. . / t— , r ` ; VtJS MEMORANDUM OF AGREEMENT made and entered into as of 1 I 0y y,� r I k+1 i till If �' the 1th day of 19at ty and between the HUtJTINGTON;'» '7}'t �,' . i.1 , 4. f Mt , n 9EACH REDEVELOPMENT AGENCY (the "Agency") and BEACHERONT LAY.E iiL._., ,� '_ �,` t STREET, a California Iimltesd parCnership ( the "Developer") . t =��; •. �- V *11 Yjr:lr a ,�"r �l_ ■'fJ/4 1i1p,r• ,-0 i i,'i 1 , . 11 ;"r �;� r t : a, i 'r1�! • ;t( s+s ,,I ).7s�( r rt1—1 7 7l 41 I F 1 i? + 5, ,-t F . aj � 4 !�� �. ��� ;fi 3t Y 'r It4,. CI- ty The Agency and the Gevelopez have entered ; nto a ` ' `i'%'{ ,ul I. ry +" i . jai ° e 1, Disposition and Development Agreement, datead as of 1J``'{ ,Eif '" '� ;} 4" September l5, 1986 (the "DDA") , a copy of which is on file as a a'r"'t 'tri�};yrt"""t tsi i r �. tr Cal x+ t �' public record with the Secretary of the Agency at 2000 main h4F`'1 r 1±-; �1,1�,t f. ,,r t} : Street Huntington Beach California 92649 and which is �IIseI -:' r, It °l� ]'.- ' ,' • incorporated herein by refereZce. The DDA affects certain real t "?"I'i/ .0 r, s , .r (tt9 f! :, ` ,p r.rl 41 -,i " 1' property, including that certain real property situated in ttte t ' o.. �j"�' 4 t,, Jc Lr C f{.: .,', i rr i i 1 " 1' r'''— YSrr ~� C, s ' l,ht ii I lil �. :f�r9idi a.11 I'n¢n. . vfft,. '-t ft'.t r .«. vrr ,,,fs s»�,.ty�l �,f^..'i>Qh / - �'SS "7y H " 1, r s t S t j�, 1 ti 1�'� ) t.I. 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'e.t'..:� rl - � •., 1 / .+.., ':'+ ,r , '�� T1� `V ��r ��'fr I�f.y. �.����l „i� lr,,. ',,: •..� � ..- r• : w►rt rrr6w., i wM7iYL1M•f •l"-'. 4 !7 ,xl� ! Ii �J � f l :i ) t•r...�.........�...«...0+...JN:i•UIY1w./tar�w�...�«r - ur.wMrt�iws'. ' tJi�Of++cwi'� ':: i!,, + 1 r 1 1 , 7 ii-•'{ { -'fit-+�•• _'rtgk�g y, y 1�A , S5 ,11 i� •/1�l t � 4 iz- ZVI M1} H City of Huntington Beach, County of Orange, 5te'te of California, particularly described in Exhibit A, which is attached hereto and incorporated herein by reference Lind which is currently owned by the Redevelopment Agency of the City of Huntington Beach. This Memorandum of Agreement is only intended to describe the DDA and shall not be construed to modify any provision thereof. t IN WITNESS WHEREOF, the parties have executed this If instrument in duplicate the day and year first hereinabove written. ATTEST: � f • r: l ' , HUNTINO REDE LC By BEACH NT AGENCY BEACHFRONT LAKE STREET, a California limited partnership By: 1 Ge eral artne:r - By: - 4- Genera ayl ner l+ !� ..r f�,�'R,�.•s1�+ t•.TrYY"�11 „t 11�' r r.+ 'il ' ()'/ .rlix,{J`j ! ��3'> .ly�Yt r{i f?ei ti 3 ! ti i//ri```y'. 4.;, r f�� i r r i r ' rf •, i t �^ , � r t t'� 1 r' F ,1�• •) IJ :•7 is 1 , 1', .j 5 1 f: i ✓1' i r`. i� ! r �,i t-L t ,v tl. J,tt+-.; r� kt ,', r •� r - { .,'` ,l +') V:. \ r.+, 1 f rrt ~1 Sl ►.i�,I ; 1 f ' rJ! �. ,+�t� . ra l+:: i rj�t_fy �iY •; }/ ;i { )' + �'� ` + ,� J FT "11 1 1, ti',�r + 1; `i< , r Tvi�yIt�T.. ��•.� t7 ,e�j •�,t`jj ;, .+ j IrJf ,r ` -, , rt , -Etf j , ,rt, f ) + l "+1 {r �,,'7.t1 yid A ,.. '•iit•i l'j`i ,�1..+ �f fjl 1r. 1l, _ i i, 1 t \' ' `,+1 tI.}ff,,r JfJ Y 1T 1''�-1 ,rr %IR ��("�,'+� rr'r+ +r Y+i�7~ a ;♦1, i t i i l7 y ,i rLt \ e rt q. { fir ': + ti•.! C,✓ S +JF,y ,r, tli CIf' i. :/' 1,'/: fl r. a'i i " ✓ �t<F r :tlV r:�t{ r�.%:',+�11�'it ilttij';;.t j 7 }, l�+1�J� j.' 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C !� rt� � 4�tol 1cy,'. >It �t , r t -�:�. ( \,+i: ,. 1, r .t•„ �� ' -r , �J. t, t• r. r� r rrtt�t �'� {\r • { rrr• jj Ik 'j 'i` 5i, t e..� } ' �1• c! try. !. r -t` ,t7l,�r ft ,�' t''•t •,��' i �1^ ' •jai �31 ^�rR� 7r 4 :: 1 �•: �7t � l�� ;. .i ,... .;, • T•! � r�.'F e � � 1.,r�)i +„t l! � r r,.t,�� ;1 .^ ,..': R. ., 11 r;• r '��•c ,i t a1B �.-•. ij, t�r�V } ! tt - S•i J•.;{� i i', (,,. h .r-•l rl� •': .rt .'• "• .. .1 �.. 'r .. t 'r, ��r��Ii. � t;• 1,., '1•� � ! ��j r , i4�. f }Y` 1 aa� '� 1l. ''', 1•' e::i;r eo, ,. f t !., ,'+- .rr f,,'� 'P �` ,• ♦ • -1 � py �.�. ^, .ZS....•: sw �4rr..r:..%." a'�t + � •p '� t ��'". . cr. r. u 7�t1.h��....�....+.-A�' t�turur�...r�l.:ZuL:a•rFi s�•i.,.-_urrwwrr J3r+.rw w...+'�sir1;14x �r.�3iit�r�- t� Afb,F aif 1, >N! 14 14 2 Attachment No. rr � r ' r` , • ' G_ AL UESCRIP PION LE } y', y ,i°art �`•T y/ t � t r r 7 tr. !1 That portion ofsouth one-half of Section 1 l To�'fnship 6 south, Range l 1 wt;st in the t 7f of Huntington Beach', County of Orange, State of California, as Rancho Las BOlsa.r, City 8a� 1 S1 page 14 of fvliscellancous tilaps in the O1lice of the jlj�ltrf,);, +i r Kl� t t fJl��t t � 1 t r., is shown on a reap recorded in Boo < Ci Recorder of said County, described as follows - Beginning at the south west corner of Block 604 -A Huntingto fl�1Beacha n Street section as per map recorded ill Book 3 page +3 of Miscellaneous i ce norths Maps In the Officc of the County Recorder of laid County; thence 793-15 feet along the west line of said Block 604, its northerly extension and the west line of Block 704 of Wesley Park section, Huntington 13each, as per map recorded in Hook 4 Rage 17 of Miscellaneous 11aps In the Office of the County Recorder of said County; thence east 172.1 feet along the north line t of said Flock 704, and its easterly extension to the cast line of a +0•00 wide tweed to the Sal'ita Ana and Newport strip of land as described in the Railway recorded .tune 14, 1999 in Book 44, page 66 of Deeds, Orange Company County; thence south 795.1 feet along said cast line of the 40.00 feet strip of land to the easterly extension of the south line of said Block 604; thence west 172.1 feet along said south line to the point of beginning. 0648r ) t � ��•+ice)>+-Jr a, t '�tiX 3't �i�;� YO �X r� S�Y*+1gU'1+7>�nt, �!'!sr"�+n►9-wv+v�o•'rr�•o�m+csss+Ra. vsa..+----.rr.�.o ••w.�r++.�gtAt'Q�i�r""�}+it��r '!" 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I- }ta* ...r t�l. t+rt }. l �i� Jf' 'i�ij�tl •t�%('if ����..l wf ;t ��. 4r� �.'aa y�1f �,� �-rl �� j P' � I � ".,� t � 4 " � rf 1 '���} 1� �e + ; rat I�/� .ti ;•,� r: r jr '�e`J r� , i' 1• ,,.I 1 lf. 1 -��. ; - , r ,;r l t ��.� t ,; , ! w{Y'� � �1= �lY •� �" ', r i •'1 r ' ' ! .I I .. rrr �:::, , r 1r t t 1 ,ifs #• 1Sz"C 1r ° � :rat{'v r x JJr I,i' -�: r"l. .3 t ,', "'I • ',� '' _lt.�L` 1� '' + `tir1�4 7r•y i f??; !r� �''�+��• , w1; � � �a i• •d � , ;I ! �r 1 1 ,F �� r, t ��f I}I"-{,i tt ".•jr t 1 �t ,t t I�. t :�i fr r l'. i, jjr '��4 rj� �� r'•.' !f /�•i lr t tl. "1l ��'t}�Y ,�� � �: J ,.:, ,�;' , ryt r�.• ;rS `jl:i 6 }f r,i • .''J ! '•� ' - hsj rt+� !.F' S �,ali j ('.1 �'/�t' , �t � 1; I .I i'`n. f,l /` ' r r,: C t 1• �yl '{�: }:,u,, :, d .,SjCL cif l '� 'r.A r .:1 t f � r , ..''t� r !1 't" t ��1 r '}. I 1t7 rir' Yir,> t !` + { ,�� f^��J �•:.T '4i y �f i r `1 '+*, SS71tk!.IarptYwJlw�aw,M...�cn•+s......;.,..�:L..,..,.nw.rxf/►Yxtl4Glibftc%t:,I1s:7,�,i.r`...lJ.':t):� i�•Y..�''3 �tt...Y �`!Yk �{ay.s,t......'�;t �:y�, • 0 F�l f 2000 MAIN STREET CALIFORNIA 92646 OFFICE OF THE CITY CLERK August 14, 1989 Beachfront Lake Street ?artership 15272 Bolsa Chica Huntinntrrn ' Beach, CA 92649 Enclosed for your records is a recorded copy of Release of Real, Property Covenants and Certificate of Completion for Construction and Development which was approved by the City Council of the City of Huntington Beach on July 17, 1989. Connir-- Brockway City Clerk CB:bt Enc. � •c s" Mlophonm: 714536.52271 1'!`/%.^ •..R"1.1.....•'^'ly�, y^�• �r.ntt ♦':!T"ttr+•.at .. •, ••�+r•.•.w..-... �--nu t t '+i/r`/�t Tj7+� ' 1 ..',• y"'� I�'}r!!!!t . � i ���': ,. • �"' �. "r rr^.r•w•r. /+l'. •+.+•r:•.:...�yc•.» ,w.....t-.....x .+ [ :'� tw 1�-. .+r... �..i71.e-•',a., �`� � rt r�l' 11'.�• N1 �y) .J7 �llt {�i+t•il I t'A .+ ,1 ; r � J _,i.� :«r {�") �t�r� :�' tl�t�' " I. rir t ,its f Kt `1 1 })• , ! t' 1 ., -.i r ). , _i �'.\{ 11; 1+�., . �I "� ' (7r��+ '�.-n/ ' 1 ti✓. i J� /! � ,� r "�.t r { ,'J If rl ••r • ` '1 i ,` � li;f� r ��f'''rt fir. 1 t �h'Lji +r�1t '*•)'. , :r'�A /, +. ' '. � l i :i• It� �',11 ,�`I.; r t rx{r t1 ",�I ' i.. •r - ,.'! %+. ,le ;4�t rt r7���� {1 - FF( V j,f ! t! 1 f Ir4r. + ! - _ N. rl `.. ''f �'�Mf °.! �� �t3. ,',-ek'; `:, ,' � '` t,•;4,1 f �`';1' .,( �. �J,( �t 1 e', I �. �.l ' •✓', d 1 �l: rf; J.'•1 i ,f,'f �( }� ' 1 it '+.f of, ` -C. [[•��, r t:l,i.'+r f `..t•;,r!lil.,.:.1. > •: •: r.t=: r „ •' _, .� {S ."y ! ...Y�,,•t-?. r '�• � �i)1 }s%;fie F;„•:. �r_.. ..r .r ,, t.. .., ;: .. ., a.:. , �. !. 'Y `� �) � l,.j � � �. t l� 4yt { {;it �y ;fir.. i i 'y} +°f ",; / , 1, i. :'y � � rj.t �� t f �jr •%'� ,L t [.t`<•:,�"t� �d d';',{�'. j4 i. 't4 � ' ,` � :r I + I prt( ��j'ef,e�J.� 1 t'.••�,L�� ) C.{1 � �• `1 /. `; ,•r ... '. . �tr, r• •t't , r, h �l ,.}> / 1, �'I t., iji ; '• 4, PF trr IA) l'lp N't i-d FY t (At, i'k 4i"'t -A or" TO AP 'I V c�i'Y crF &4"hff1NGT0N BE .�,, :, Tt CALIFORNIA 92M' 2= MAIN STREET THE CITY CLERK OFFICE OF t. r September 29, 1987 R, 7, ,1', 01 Beachfront Lake Street Partnership 15272 Balsa Chica CA 92640 Huntington Beach, u ing Affordable Housing ff Enclosed for your records is a copy of the A between Beachfront Lake Street Properties City Restriction and Covenant y of Huntington Beach which was approvedby the" and the City August 27, 1987. COUnci I on Alicia III. Wentworth City Clerk PIW: b t Enclosure j/ 0� I i 7 `11 r 1. t' t i_. r 7 a . ?.o r, It -�l f; j4 10 714453"2Z7) �x L 0"I 4 SQ 3 05 Y i6o Ilk V f: j N Flo, M, • I. y.11 • �:'w• 'rt::'S} r' rtl �f,:�t .�: ,{! 1{. fA. It L A W. f{�� r` ::� � ��«fit 1 {;!'. � t '•`ir u r ' � f �,i��� ,+r r 3tX � _'�' fy Fa +•. rt ;.,t1 1 l -/. V 1:,.� , S,tt r++r j rr t'13�(itr t ti ♦-+ t i '/ i � �7,;JJ ,a ti,f i� �"�, �r,,�tst �i • ' � t_ ! ,�� Yr ,' , � ,�.��� , tart ,, sl f ��-+".�'jA �ii3� �lJ i!fi� fir i/'�t r'y'fit r Y . fps is {�tft 1 jrr�l ^, ' rNNP M1 IY L( i ' ? j. It t '/ =J: { '� r I f k•r{� wf 1. r+. SOWN RGCGR70FFICIAOFFICIALO>ins' CF 0"ANIA' When Recorded Return Ta and Reaordirig Requested by: -1 o'87rram�::',.City of Huntirgto ' Beach �'`T`"Ck10Efl t 'OffiO, of the City Clerk 2000 Main Street, 2nd Floor Huntington Beach, California 42648 EXEMPT C13 -This dooumuat .0 solvly'for the official bun_nosi of tho City of F{unti.nrton Duacil, a:j contem- PIAte'd une.or Qovoiwont coda Sea. 6103 and should be reoorded tree af,charao. AFFORDABLE HOUSING RESTRICTION AND COVENANT `HIS RESTRICTION AND COVENANT IS made and entered into on the 17 da , �y of , 1987, by Beachfront Lake Street,' Properties ("OWNER" herein). t. WHEREAS, the preparation by OWNER, approval by the City.6E llunti'ngton Beach, And subsequent recordation of an Affordable Housing Restriction and Covenant has been impoued by the, ciTY as a condition of approval of OWNER1e development application for Use Permits 87-10 for the development and uae"of.the., subject property= and This Restriction and Covenant is entered into,,.for the pu'ipose of setting forth the total number of affordable units „ and continued; affordability of such units for the project to be provided off the project site; and, The fulfillment of this Restriction and Covenant and the development of the site pursuant to its terms and 5 r OMM .r 't. N1N i lii — !,, , 'jWeg Mt ��F f, ,.F{•.. 'r' F'. 1.�� 1x` •. ,� '��,h�-' t � i•..J !i, t.,. t'•Y, ;, ''r.t{ i�'{c. !f r.. // ,�Y.. ii, �l,t. t .1'� � li,.+•.j1 -l:•.0 tf(,:r-/, �jt't1��i/�'~1F ,C lI(fi�pT�ti ;���, k�! r:;. 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'r 'f' !�1`r i 1' 'r, r'''a ♦, ��:+" -, t,l f£ ti t��'t{�it ; l r 1 %%i Ir 3, •t!, Si t,. 1 �F.1' ftr, '.f : )�.,J I l '. jr . 1 :' L: t r�,t.'!, f l 'J f ,�t, J '•" '!, :•w.L l r.'1: .!1l tli; -'ir ,f �� '�I. i �tt ..�r i:i' � Y ,lY��• r.Ptu•!j. r+tr'ttS t �,r f t.;':i. ."'+: ;s.'• i , ,t. 'r, ♦ },J .• i�.� .;t "+;1r ?: i , lt,. if!�,;,,.yi't"�: ii H: .,(+ l: ; .)'!. �lllp,.Y, 1t -..f. i } ,* ,, t. ' Ir '•'L ' �j� �: C:! .a, } t; •r':a1r'.'r5i + �'.�...� , �:. I ;r.}i�p t t, (, ,t 11 . .j:3 � r fly' (. ��l 1'. ', Y.'. r t ,i'. •t.tt�. 7. l't,, i1.9y .t'r f.�li.Y-�'J� t�+' �• i I'§J!:''er t r, 't,t.. t ��, ',, � r t t1(t r 'i..� iy.' + 1,7 it+.yy;,':j ;y ,Jt f�=�'`Zy��;�.C:'•!aT1J +! � f '-♦t t { i ,' i- ,J ` ( , i '�'":[ , t` fit.',:f' �. .. « it ' .J ; 5 • I .' 1- I/r 1'•.{�1 /�:.( ti� hJ , ,, f�l ,i� � t• ., . .. t . t Y �1 yl i. ,�, jet YI lLJ�:��t. !i Ytr. i�i. � n. l.� � '' � 1 � f •_ _ 1Y ST-500026 conditions are in the beat interests of the city and the health, safety and welfare of its residents,, and in accordance with public purposes and provisions of applicable federal, state and local laws and requirements. NOW, THEREFORE, IT IS HEREBY declared and agieed that the low and m6derate properties shall be held occupied, developed, maintained and provided as follows: 2265 'Delaware 4 Units 3 Bedroom ModerAte Income `2111 Utica 3 Units 3 Bedioo*m Moderate Income 2111 Utica 7 Units 1 Bedroom Low Income 1. AFFORDABLE UNITS: OWNER shall, and h.elc'eby agrees, to, provide and rent units as "affordable" units in said properties. said "affordable" units be provided as, foll6wa: b. "Moderate" income households as used herein, shall be defined to mean those households earning up 'to one hun dred twenty per cent (12 0%) of the Orange County, median family income, as determined by the United States Department,of Housing and Utban"Development. ce "Lowlt income come households as used hereint ''ahall'ba' defined to mean those households earning up to eighty percent (80%) of the Orange County:median family income, as determined by the United States Department of Housing and Urban Development. -2- E, -rim,✓ •t. 41Fr 41 W.' Alt 34 • N w to V, tI U dr • • WAF-7 "It A , e7! • `Vr pp �uC`ri i s fy� y,.-r r r . if n .i- ) < t k 1 •' ! , jTy, .i15 ,:1-l`ir•:r. S it yam! ► - t 7 rit + i ry rr t J' f#►"Y`a"� -i /�i'Z , !�, j, " •� ,r is 1'7 '4rxts .� f �' Y r • 1 r a r Y, ti i1 s }, r l r/ ` F,,, t- F S �+ Y , •.�� i }� i''J t~'�rs•r tra t4. .�_t_�'7' .,i� ! r �rr �vR.:S P I'i�r � a:�',YKa !' _• -lrf; ,j r ... 7Kl�..j •_r is ,..:.r _ c.... r •r ✓'7� ... - ,r r Sr_..ftb �4.. ! ;:! Jr - • .r. . '_'r.»i::.,'G,rfi, Ri....e •'...i'.�tle. ,.... i .. .'. s.r- ram=`. .. .... .• 7 + 7:• " -tt s�8r,-r? Ti •i. ,' trti I IY f i t `• l�..yf w !� I•�r t•ict{ SVr�/}', t+.ri�•�i�'�r't ifl�I trt.l ri J��j,, ��,pi 11:-, 2. DURATION OF AFFORDABLE UNITS: The said "affordable", units -shall continue to be so provided and rented for the duration of the bonding period, if app?icable, or fifteen (15) years, whichever is longer. 3. NOTICES: Any notice shall be in writing and sent postage pre --paid via Certified or Registered Mail, addressed -to the parties'as follows or to such other address as may be given in this same manner: ,ll To City: CITY OF HUNTINGTON BEACH 2000 Main Street S P.G. Box 190 Huntington Beach, CA 9264 Attn: Director of Community Developm*nh,_ 1X'- To Owner .:. BEACHFRONT LAKE STREET - PARTNERS!: I,P 1 15272 Bolas China' 1 Huntington Beach, CA 9.2648f 1 - t 4. BINDING ON SUCCESSORS: This instrument and the rights and obligations herein contained shall run with the land ration hereof,, unless earlier amended for the. du , •' , e eto. In no event may thij Restricti 1: by the pa'rti .s her F oin :and Covenant, or any of, the obligations herein contained, be' amended, changed, or terminated without the prior written consent of the, City.of,Huntington Beach. This instrument shall, btn•d and inure t'o hhe"hene'fit of the respective heirs, personal _representatives, successors and assigns of th,,:"parties. 1. r. -3- �.'., .t{+lsy 1�rr.. s �.+ r •' r, sr rnr 17 q t t i 11 t i J r rJ f Y7 t t t Sdt .,1 J": � l�yp�. � ir:,:l+ 7 ,t"',�,� 1�jY S ,;-,.* �� �:vri fi�j It I• t :,t7t v �:,t I.:. t• is Jidf-�.ltti�f�..lrr A,lt �"C + )%�f i.rlr jj 7'n: f"I tl. rl� r 11; , 1'r' � t.� �`. 1 .1•J_ J`,J �f rl ' rl�}t') ���iJ.Z.y�,aTt �,.tf•��,.%.irYF t�r`, H.• .k �r;�•s'!r�t.�•.f•1�1 i J r1s r i I) r/li f 3, 1S 'S :r. •Y111. -.•�) ' ,/ r Js}, .�1 �r .y ?� ..;,..7 � •� ! t j� yf � Vr• _ J r .,J : I '� �197�4�I�1# � �'�"Ir a '. 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T d "?r} 3 ,•' : �!�' +}k !,- 1 L {;•d ti _ ,fyi�� ��� ,�� t1 jt y xT� ♦' 1,'��411 � 5 r1 �1i� 14t �tF J �, ii` Jit1J 1 1. 1 >r� t' r'•7�3' Iji \i t txt, ���Ir4s91 N�([?i.+� �S♦r jl. w 1 f?1'L .f . r�♦�C.re � �1 .� 'rr 1 � Y� 7 � ti. ,F �If ��♦,x i�•.7.yY 1 l:i��y�l'� : '1 � f ,t. r,i,,,,, ,l •>.�1,i�1ta 1' ,l SI, ���i 1 rl`. tt M,.>, i... { l.. trt T,f �T /i.�t, TABLE OF CONTENTS ' IF (6100] SUBJECT OF AGREEMENT A. (§101] Purpose of Agreement f. B. [61021 The Redevelopment Plan Y I.; I C. [§103] The Project Area f D. [§1041 The Site E. [§1051 Parties to the Agreement f'[ §106 ] he Agency 1. T , 2. [§lU7] The'De'velaper t 3. [§108[ Prohibition'Againe ! _ t Transfer of 'Site, and a r Change in OwnerahiP/ ` M11narF rent' and Control t of C rF goper }r J , r `f F. [ §109 j Good Faith'Uepasit II. 112001 ACQUISITIONAND SALE'OF-THE'SITE A. [§2011, Amendment,,of Plan of Streets r j B. (§202) Acquisition of the Site 5 "rtI C.. [ §203,1 Disposition of Site 'r D. 152041 Escrow E. 1§2051 Conveyance of Title and Delivery of Possession [ §206 ] . Form of Deed for the `Conveyance Ci. [ §207] Condition of Title H. 15208 ] Time 'for and ' Place •••of Delivery ♦ of Deed I. [§209] Recordation of Deed J. [ §2i0] Title Insurance 4 33 {- �..Nt''Yrj9 r 1 >! "t. !�(rj•'�tyrt.7,_�tl,'tt 4 i :,.i tit , �� r"tilll t: 1�t/ir 4}r c, +R •.r x. 3 1 `.t i .ff.l .i t w i�` .e (1i. � •j'ir 11 �i'/a.�N .yi � �}� t 71j /, f 1 r • .f• Fat, ,f .,', I1 i I ,�.w .x� �l•-t., ��A tc t;i.: �y �v{�' li' a. (a. } + t<y�� y . rrp •,� t � r, .t+. . ) r S t ♦ t t - f t `...777' k' •� . f. ,' \,�ir(tV' ::�"Lt 1iTlt f�7 "'� S/� r S t.+r1: J r + !rt rZ! 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"�4�,`, ,.f "�''(k, 1?; +'yr'r1tr.` �}!•. 7, �.r l}1 '�') �i';t t ll',.; i'r. �l` .'SI .j; ' .trJw� 1�1. �1;.) _ww`. - \: r G�7r. 1 I ...b d�. ,1 it.,.. •r t.F T *� B,, [§3131 Taxes, Assessments, Encumbrances and Liens C. 314 ProhibitionAgainstTransfer of [§ 1 the. Site, the.Developer Improvements Thereon and Assignment. of Agreement D. [53151 Mortgage, Deed of Trust,, Sale. and Lease -Back Financing; ?tights of Holders [§3161 No Encumbrainces' Except Mortgages, Deeds of Trust, or Sale and Lease -Back r� for Development ' 2. [§ 1 Holder Not Obligatedrto Construct Improvements t 3. 113181 Notica bf Default to of mortgageeTrust Holders; Right;to Cure, 4. [§3191 Fai'lure'of..Holder: to f Complete Improvements S. [ §3201. Right 'of' the Agency to, +; Cure Mortgage or Deed of Trust': Default E. [6321] Right of the A enc, t 9 Y o Satisfy s M After Other Liens on the Site r Title Passes ` F. [ §32z ] Certificate of. Compl et�.an; , Partial Certificates 01: Completion ;f ,.' IV. [ §400 USE ] OF THE SITE I. A. [§401] Uses B. [§4021 (RESERVED) I , 1 a C. [6403] Rights of.Access [64041 Effect of Violation of the 4 -. A reemend Provisions''ai this Terms . an g "t After Completion of e Construction j r .; #'rRRR��SRAAAffff ' .r4 l t t t(ratr::J1t.' Irtrltt'�•�, Ir,j;!'[fr;:f4'Jt:� r�� arrlTr(}+ffyYfll� ,ar e �y •:�, {•eta �..+r,!` 7 t•r'.��; 7 'i7 7. �•':5t,�'t •'L.ir..i �„ j'' ,,., ,J= r �i'fr+ }flit., ty' 1� t t;.�d. Ft n1J )r,>{,;�• f�Y. �te)I r. t,,�1•.{�t, 1,_t,�.a���Fll,��,i %�..\r n r .Y 'y i�y(P' Y.1 .i{•''•}.,�C' urr +jf': '�t f11Y_Cf�ii.:"• al�... r.��tr f7: lift rr_<r-i-1 r�lr.�.i, ,r t •t,-rt rr �j,.1`• �-I,,Ii. i4C �r '��F-��r�. �.�f lit=�J�",I�I\�i,,fY" i�•1<•..�112�'s! t :{1t !, wt;j-;/� �. r.'. rN •%''_. 4 :'f t,t•i i -,<i• 4 .(, t +Y1 �..: r , t 1W'.•• •d• L- llff a i.i, �T..< T :;t; r jt..�`�''•i •1 ,t�.4, r•'tt >:'I i tt ," `66tit,t'1S�',!. l .•�� :(i,� r',: � �r5 I� a � �^ r4�/d't it.. r �.it.'1'. 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[15001 GENERAL PROVISIONS A. 1§5011 Notices, Demands and Communica tions Between the .Parties B. 1§5021 Conflicts of Interest C. 503 Enforced Dala E:.tension of [ l y: E.: tension of Performance t D. (§5041 Ncnliability of Officials and ' o£ the Agency Employeesg ' N E. 195051 Inspection of Books and Records tt [§600) DEFAULTS AND REMEDIES ! • VI. IFS A. [§601J Defaults --General r tr �r B. (§6021, Legal Actions c 1. (§G031 Institution of Legal k�rl. Actions .,. (§604 j .Applicable Law. • I "t1 3. 166051 Acceptance of Service I of Process �. C. [6605] Rights and Remedien Are; t Cumula tive D. 6607 j �'1paction Not a Waiver of 4, Uefaul'c E. '1§6081 Remedies and Rights Prior ! r to Conveyance 1. [§609] Damages r 2. 6w0 (§ ] Specific Pez'fo'rmattce 3. [§6111 Termination by the Developer 4. [§612] Termination by the Agency ` - iv- ''`� , { 1 1 t +. __ r 1.,i i , <s,'•yt�nr,••---��M1�.„r t., �' 1 �1 � '. ,., 't "t{.. _.,. '• t i;`i �,:" r. Ir�l(' }'Flr r.4�u It.�'J �. ` '!t'.ft'. 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(J�jp �.,) ,/Lt."S•} ;*1.As j., f J'�1���' ,�i•y i. � ,}}ri�,!(F } ; ''�,r.�'+! r r ,C`` r' F-vJ�� ,, (y�,. % ' 1 5 ii , r. i i �~ r � l �r. � � �f.' r� rr ° t ; ;f .• ( i(`„+1 �j ,�f�„� ♦h r.• � c t r if I - i' 1 jj1' -1 t ... - 'r j { � it rt ., , i , S,;t f 7 ti , ,,1 'r'�Y r S � xy '• Li r I j I M� kr r{ Y •( r fi� 1 I �, T r• r it .-!w pp ±r1 t •�� i] ( rl• �� Y,; �Clrrr � t Y •. !. lyllr -i � . �1 `1,1J � r : - rL -1 �� i � r(� ( ••�y r } (•'n J b. T �,! r 1! 71 y tf i a;� 1! .1 � yl -,•' ��y ` 1. 1., )........ i � ' i rKl�..�la: •:: c11.......wal...rl�r # " F. 1§6131 Remedies of the Parties for ' Default After Passage: of Title and Prior to Completion of'' Construction 1. (16141 Termination and Damages 2. (§615') Action fnr Specific Performance y G. 1 §6161 Reentry and Revest'ingof Title in :the ,Agency After the ; Conveyance VII. (6700 1 SPECIAL PROVISIONS . A. .167011 Submission of Do4-uments to the Agency for Approval ti Be 157021 [§Reserved] C. 1§7031 (§Reservedl D. 1§7041', (§Reserved] E. 167051 Real Estate Commissions ' F. (J7061 Successors in Interest : 1 G. 167071 Recordaticn H. 1§709 Amendinents to t1iis Agreement VIII. (§'800] ENTIRE AGRF-E-,ENT4 WAIVERS IX. [§900] TIME FOR ACCEF-TANCE OF AGREEMENT BY AGENCY ATTACH14ENTS Attachme1 Site -Ma Attechmerit�'r1o.` •2 Legal Description; it Attaclveeritt'No. ,3 Schedule of Performance Attach+ment No. "-'4 Grant 'Deed- 1 Attachine'nt- No. 5 Scope of Development• . Attaehment'No. 6 Certificate, of CoAple ion Atta`hment No. 7 Memorandum of Agre6mp.t Attachment No. 8 Guarantees s , `v s , ,1 ( tr�titf`�K9'•'t,•�fIr J �.tw : «J, �°l�i � I 16ri li r I ti �1 �rl.)iw.. f tr 1ri' •' rLi•,t'{N-.�p�i1,1;�r" ftrr4.y: ,}t �Ka,�I} t�fir,rnf ;f r y t,!+ J1t,i! r It ,� � trii t �1 7t. t1r 1; "r•1f�,� yi 'i�n ,r Pr �� /`'{i i a }fir �;1, y . .7�'i.''• f ..(If•. ,�H. } 'ti r.•r r '.�•: �l ,� r:t 1 j1'. 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Sa p '��- �h tf �.,'Y ;] J = t � r yy� 1 t • r �y,,�f�1 .t 3IXf r. �; tft r `�xf'y (,f '.`'3-= ,�i Tv:., wi =r�i 3• T r tt.»r 3 ( iT. �l } �'','f}.f yPP'� 1�at ` (i 1 3 r'✓,I�Ar '�, R". •'Crc,(.J J,t : 1 ;'♦ atH: ) 1 �Irr �. _ rr ti rt � fir' f 2i, fr :i t 'ir LR,';• Ii �'' iti - ' C. t; �. !1 �t `y'{ r r .� /i � 3 l+l-.i�,���.�7 ('. .••v f. ;1 r , ,s ,' t 1 i'.ii 'P" rr1 .�• h7 � r !_ = Y .1 +it '� � 'r,! 1'i,i�tP $ .�"'•T ��rJ4, r�,�iT"r'r/:: ♦ �.7y', h DISPOS"ITION AND DEVELOPMENT AGREEMENT ' .. THIS AGREEMENT: is entered into by and between tire, . HUNTINGTON BEACH,,REDEVELOPMENT AGENCY (the hAgencyif and BEACHERONT LAKE,STREET' a California limited partnership (the r "Developer") The Agency and the Developer hereby agree as , follows: [ § 100) SUBJECT OF AGREEMENT A. [§1011 Purnoso of Agreement •1 ., s .A 'reement is to effectuate T is purpose o£ this g the - Redeveloptaent Plan (as hereinafter Oft -fined) for the Main Pier Y Red.evelopment Project Area ( the "Pro j Pct; Brea,") by : provid;i ng fur, the di'sposition and, developmei t%of�1certain��property' ` 1 situatea within .the Project Area 'F(the,., Pro jest ) . + That portlian �>f! of the Project Area 'to, be developed 'pursuant to .this A4res7a4nt (the ;"mite" ), is depicted on, the !'Site Map,! which' is attr%hed hereto 'ass Attachment Kr,. 1 and, incorporated herein by referrence'. Thi s' ;agreement i s entered into „for the . pu rpose apartment of develo ing the Site as an com exof approximately' 64 • ;- units, and not for speculation in land hold,: ng• � 9' ' Corm letin the $evelonment on tho Site. pursuant to, +thi:a 'agreement and the , 'tx' Iconvely nce by the Agency of that certair;. real property � to the De'velaper is the vital","a��d best'. interest of the City o,f ;P Huntington Beach(the"City") and the health, safet=v, morals .'.��. ,LinY'i •;;3lfare of.its residents', and in 'accord with thse'•public..' :- ,. ; ' puriaoseis and provisions of applicable state and local ` laws and "requirements under which the Project has been, undertaken.''' �• f �a i', B.. [ §3.02 J The Redeyei6 ment Plan !' ent Plan w The Redevelo „ pm approved and adopted on September 7, 11 y, the City of h982 b Ordinance No.. 2577 of the City.Council of ' nti:n' gton Beach and amended on September ' 6,, .1983 }'r by Ordinance No. 2634; aaid ordinance ` aiiid the Redevel6pme it Plan as too approved and ' amended ( the %6deve•lopment'' P Ian") are incorporated herein by reference. C . [ § 203 J The � Project- - Area The "•Project Area" is located in the, City the exact t t bot;.ndarie's of , which .arespecifically described •ir::An instrument -recorded October 5, 1982, as Document No. 82-350907 of the s Official 'Records of Orange County, which. instruritent , is .tizf ,. incorporated herein by reference and made a part hereof. D. 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J ii. t ,•z .e, +{� '1 ,�:(�+ jt 'Vf .'j,! t� ,•E 1 5 1- f il'•( „ ; y 7 j 1' `' 7 ' r1 , `1,+2~.n '� It r;. 1 :1i >r.. h:4 � dr•j/t �'. � ` F` r i f..; , � 't4 `i.t^ a ,�wia,il,tY ..7 � I t '. 1�: a.t� + F 1, `'�t_' tu>rl��� Y�';rI�1`.,'i.�.. �'::�, t�>. }�•' •..jr", »1, :,=' t a� } �11t + r} r •rj'' ♦'1 ,n', 'til ?,• �Z` .+� } n the;"Legal Description", which is attached hereto as Attadhment {, w No. '2 and is incorporated herein by rfefere•nre. f: E. [61051 Parties to the Agreement 1. (§ 1061 The A enc 7 �• -.: l - The Agencyis a,public body, Corporate -and � • politic, exercising governmental functions and. powers and q;` t o'ganized and existing under Chanter 2 of the Community Redevelopment Law of the. State of California, The principal. office of the Agency is located: at City Hall, 2000 Main Street, Huntington Beach, California, 92648. t as used. "Agenc;y; ++ ••. in, this Agreement,.includes the Huntington Beach Redevelop+neat, Agency, and any assignee of -6r ;successor to its rights, powers and responsibilities. 2. 1§1071 The Develo er (( '. The Developer is a California limited partiiershi:p of Which John` H. Tillotson', Jr. and Richard` Jeffrey are the sole general partners. The principal offii-e;of the Developer r 11 p p h' . 1s located oad, Huntington Beac California 926'49, The Developer represents and warrants to the r� Agency as follows: it I" A. - The Developer,' is duly: created' and in'.good -1 standing under, the,,laws of the State' of California and has duly ::• i;x•* authorized, executed aid delivered this Agreement and any and r ? all :ether,.Agr6ements and documents required to be executed And delivered by the tevelopor in order to carry out, give effect to and'consummate rche transactions contemplated by this 33�f B. T'heDevel�; Leer does not'' have any material s 'I contingent oblifatirJii's or any material contractual agreements which could materially adversely affect the ability of the Developer to carry out its' obligations hereunder, �} N5 C. There are iio material, pending or so far as 't s known to the Developer, threaten?, proceedings to 'which the to. ,is 'or may be mtide a'. party- or to whit-'h' .any hY « of its property is or' may become subject., which has not been fully disclosed sn'the`raterial.submitted to the Agency which '• could materially adversely affect the ability of the Developer S, to carry out its obligations hereunder. D. There is 'no action or proceeding 'pending or, to the Developer best'' knowledge', threatened. looking toward 12/•19/86 2 -2.- 3349k 4fi0 19 C' ! h u ; 4 Y' i •/, 47 t G t t [ t\ }a 7 r t - •,, i) L r ` , � � � �i.�•til�i �Z.L1r {� 7.•y>{ � ().i.r`ti+•. /j' rx 7i; � tl f `St 'r t'�Y !:.t.f ,,(1+', Ir , i I1 ;Jrj�1" �:,. • 'fJ�y t..,r 1, �' r�' I � yJ - i `7'� i`« d,( :.,' k� +• r j �t �+rr e' ` .�'r f �, ���..FN�, f p r�M i'l�.F: �'t 7�,."�. ,h. jr..y + n �, �� 77.14 •�ijJ . i t , i.N 6 _ N if f . � , �"� ',/•t • .t >�`'. 1 li F{ ?'- / ` _frr`1`' ,r_._�c'1+ 75ft:. �.6 '.!t •`:, 1j i4..a,,.t `y. J: ;t.� , r`• k l �, t•,.U! 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"�. r 'r t� J ii }+ tfi� 'i+�l'iy�i''j, a-, 1(r 7!M.rl +�1'. � -.r '+): !� r 11• �•, i` r�..,ril: �tt a'�tt �T:3{� 0"•#L Slt � .��,,T'' •h .I ��i`� S sY+• 1t}.• � t . 1 ! , tN '7"'f�1r `, •i" ` 4.s� t1},t � ', PJ ivy}'" ( �,r�•�'i'7r Titi r..•t !..:` rc tT 1 f� r ,1} _ A♦ram 4 1 sz� t4'1 Il,i 'Y!t,r 1•t'` ri, y. z Yr ilq t' ,te1r t r'J {(r`. *. it t �Ir'�•'t+L' „� V f ,.�,• i' �+• ' . ' t � S St 1'r RT � `f It rf._.'t''� .�tt � S, r (y i•' •,t1 ♦ :-r q �• y 6. y {'L •, r 7^.j, •l'ri \ ♦ ..r �♦l , .r i ♦,d i `f C� 't`. 11+ IX.._T" r L h, t• t 7•Y A y !, r r- •1 :� 4 -i W > ��C 1; �,'.tll"M ' yi+��/,Ir••hr7.•7 ,i7µk�( `+< aT�--•'{.,! `"�° �T-JLi rr'+ r Y. �� a't.'i} 1Yi,Ff�Sr ; Y4�{J3Y�7 Q•%S �r, , >, 3 ( iil •i? r i t i > r Sf� 7:: r • _! r ,.. �.�` �'7� �'r *���,t}}li,•"V�'c�^ 1 ``��kFjt.�r r•:�M� A� y't:lr+ •� ��f ;,r is :�Uta.�T 1�'t�,�'t;'•�'jr �y •�.� , 1, t.. M:Y; r .; rt r"r � "" ir♦ ! L,L �r i':: l It.tC S�r t'1 1 r•' i Sl ,, t�r �l:it /.�,,1 i", :( a • r.%rn fl� rf: .. ,., r 24 rt...�t•4 t.l f'b LL� . �; r.., i I ,. t'4., Ir» lL... { �......!! ' " ,r+ ti a. S t•r. ri . 1 ti ,� ,�kt,,, •�.J„'�Y. i ? , 1=•r /....,r �yt r., � .{'�Y,.• 1, .'�} 1'\ {.,!� Yl Y• ' x the dissolt:,tion or liquidation of- the Developer,, and'- :there' is knowledge, throatened b or a ainst'the Devalo ar:which`coul no action or proceeding pending: or, to the Developer a'best% 9 -r - Y 9 P d �•� affect the validity and enforceability of the terms.of this, Agreement or materially and Adversely affect the ability of ' the Developer to carry oi%t its obligations tiereunaer. ! E.: The Developer has ,porformed. atll of its obligations to be performed at or prior to tliis date in 17��� ^ t t accordance with .the Schedule of Performanc;e aid is not in default hereunder. s♦ 1 �sW� ��•, ,y1 John H. Tillotson and Richard Jeffrey. are, r =-'� the General Partners of the Developer and have all requisite authority to execute this .agreement on behalf of the '� ,•" '� Developer. Upon its execution by. the Developer_ and the Agency, this Agreement will be a. valid and binding obligation of'�tha Developer in accordanoo with its terms. ! �. 3. [§1081 Prohibition Against Transfer of Site and Change in Ownershi2, Management: and. Control of Developer 'rt Thequalifications s . �Y., :. .,� • sand identity of ,the- Developer ' are of particular ali£ica"to •the. City,', --and the Agency. jt'lis because qu tions and identity that.; the Agency .has-, 1` entered into this Agreement''with the Developer,'No volVntary or • involuntpr y successor,in interest of the Dev+eloper'=�shall acquiie.,alny rights or powers under this Agreement except as expressly set forth, herein. The, death, Incapacity, or,'bankruptcy of'one of r- artneru`of the Developer (the Terminated' �. •: the ge:tt±ral p ' : Partner.) shall- lenot- be raeeme' d a a,rtner,' in the tawnership.;of' the + a g r r1 Developer, is t. ;q p p ases the ,interest of such'' Terminated Pas: trier. Such Puxchaae.,shali :not';re�quir� t' ; approval of the 'i�gency 'and shall not constitute .the, 4. occurarce of the condition set forth an Section 612 (S),.; of this 5 • t gieeinont.. , The „issuance, sale;' transfer or retireYnent ;of reesm , limited ' partnership interests ih the' Developer, sliall not. be deemed 'a .change in the ownersliiip of the Developer. " f The, Developer, 'shall not sell, transfer :or ,convey ., ,the Site the D'evel oper Improvements thereon 'tln. whole shaal, no'.tn 'assi � all: or any,, part 'of this Agreement or an 9- rights, hereunde, excerpt ' as. expressly .contemplated by Se►.ion 20,3 beieor-f, without the prior written approval of t-he,Agency. i The Agency s11 i11 riot unreasona2:1 y. withhold its ". approval of an _'• assignment,' provided that: (1) theasslgne�i `3ha] 1expre 'sly r+. assume'' the obligations of the, Developer pursuant ` to this a Y 9 " y; ) Agreement in writing satisfactory ..o the'•A irnc 2 the 7, :w 3349k/2460/19 -3 12e/19/8fi .� qt• t 1;; y tip�'irii �r: ^+r`��!'"•'1 rv' :tiff `t, (St , 1 �[ �, s..� � : �., � + 1 llJ� pi.� • � ��ti� .,,`4����V )�� "\'♦r'r�. �� , �a ,+ ��y�'/4 ` ; �.'.�i ir);r'Y ,� ''{'��'' .C•- r��♦ t.+ i�� 11 ,fir, r'4'� ;1� i .y �1`"4i �ht •1}T V !. , l �� Ir ri;{tS. .i ,�i ,�,+ q%,xr i ,S4'�' t�`� /1 +.!'f'•,• g1Y k _ 71 r .-, :f1� l �!i'�� �J ,�.f L,� �V'++•1 .174{{f�'��'t2 �, r`f��� II ',j. ,�J "t t .1��.. ..•��� +!,t, si1�j. �,,. • J !�` i '•i z 1! 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Y! 1� �� Y' '�( in Y'- ( 1� 'ii?"f ii ![ t ra l�r } Sj3i`t �;�. ♦ �a `(�+rt�t i •. •i r r,, + i' Y ,) /' `{� r :'� r rs { , •:� a'l,:v�if pt �•}`fi' `i'y,(� t_ a}�(� 1'� t L ',1< irt'u i t`� l t : � 1 ( ! i r+. i� .�Kx 1tPti r iY} s ,y1r-1�t'��r 4 1j�1� t �'.Y` F,+hr '7i;, ,i p �+ 1r rl f IyY`� `" �}1'il- K r• 4 I� ' f 1 � it1Y11/e (`r/.< <� ii ttl:_ ,'r -li_ r� it r ,.'}r 3 :��i -, i i,ctt ji ✓Yrr y i �f< � % / ri 'aY + �Ll. - . t original Develo er shall,,remain,fully responsible . p p .ble for the' performance and liable for the obligation$ of the Developer; purs4ant to thia'Agreement;; (3) the., Guarantees (Attachment 8) r^' provided _to assure the performance of the'Developer's ubligations under this Agreement shall remain in'fu•il force and effect;:, and,.(4) 'the assignee is financially capable of t t,hrforming the duties and dincharging the obligations it is assuming. Th-,�,poveloper, shall promptly notify the Agency in writing of any and all -'changes whatsoever in the identity of, the ' general. partners of the Developer and the nature thereof. In the event that, contrary to the.:provisions ok the thiid_'paragraph of this Section 108, the Developer does sell, transfer; convey,; or assign the Site �Or,, the' Developer Improvetaients thereon ,.n whole prior to the issuance of a' 'Certificate- of­Completion,,foi ;the Site, tue Agency. shall be „entitled to':increase the, purchase price paid by�the'Developer Site 4, s' f ucYi assignment oretinnsfertIs inhexcessiofrthe p payable `'for y ' urchaso price paid'rby ,the Developer;.p]us the,.,ccac of `improvements,.and developmant, includinge.carryidg,"charges and costs; related the'roko. The ,censidera�ion pay ble for such assignment or trani3fer ;to the extent it is in excess ofr.the. amount'so authorized, shill'belong and be paid to the Agency and until so -paid the Agency shall have a lien on the Site and any part involved,. for such amount. en ' of, s ecific writptpen agreement by t' In the aUs p g he Agency,' -no such transfer,'assignment or approval by the Agency; shaall be ,deemed to, relieve the Developer from any obli4ation under,'this,Agreement. All off=( the terims,/. covenants end conditions of ! Q r g.. - P lL inure td,% the` . this A reement'shal� be ,bindin upon. steal benefit of',tlie: Develo er, and the': ermitted.'s 'ccessors� and used heiin such term. shall,, include a�-. litte is ass ns,of the Developer. Whenever the term Deve '' y,:;other percnizted _ "successors and assigns as herein provided. 1, of this Section j08 shall ri terminate aiid be of no•' fuither' force'' and"effect':upon, iseuance by.,the. Agency• of a rcertificaite of Completion for all' improvements to be'pr'ovided by the Developer, pursuant to this Agreemetit':as described, in Section 322 of this'.'Agreement . The restrictions of this'Section'108 shall,not'apply to -the oreaniosale orsotheritransfer ofscondominiumnunitnium purposes y s iard related coeLmon areas.. r. ` 1.2/19/86 3349k/2460/19 -4 1;4i tF/r� 47 jy .a.•� JS.iur�C:�:,...,,;!�..'1: rli C':�il:'i 'i<!:'f.r_I��tt: }•?t+'-��``�ls {ti4i, R..-t _t•rNN:'tY. i!r�t•'Y iii�ia'fr;lr�.:.'1>f,s 1>:�:. i '•i pia' •� r 1-(`':' S}5. li�.ls{ { 4'1%�eii {�TI �\7 :�',�g7�r'Ir f �'`th .fl J �t l• i''.tt I � tt tr1'��f 3 flr,il• �rl ?1 i ��l�''r '"`]FVt �t4't i(�rZ .r yf'1 ja,4^i r'i�l fi.rr rfl�1IJ.i. �`K.t'I. fLtl? x.. r r: , �'ti•�.. - r x ry. i! i� h':7"/ 11..,Ir . t� -'i t..'.'('J� %(r ri iry } i[tt',.r i:t 'r 5 ;, N't; .. ,.1 - flt: /,j ,� s Li3Mil±l�� t ji• f �+ t if IT, lt. lr t r'-ta�:r:/:1 . 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S�ti f'x1t�r -,:i t r�.� 1 ` �' L ��. �t:l t,ti t. r �}<r L ��. +tt t,� � t l 7: , 1 ytt T t -1. JRr t t �'S•+�is s.J ,j •t. t ,,. •i7 :, L r,r1}' 7 J!•'r f,• 'f Y eit +yi i},�..XI�A�ar.`'j /1'+„ sr oI a a vty! * ~.' a, 'lu .r •� r c Y '.� 'r..;! x `" f .'1`x i ,�i,'1�%w 4 " f�jy, �f r tr 1 >r,:?4�r:J.r sj 1r } iyl,,."�. .. i ,'�i k�J,i rA�.,� ,T' } Y r ' •,� Z R! ': `+t .r•'rrrt J!'4° r t ;. L, .i �; i1 '.Jij:. S" l•„ . +d .��" i •IC ) w t.i r 1 !i �J••C' � 1 _ i, .t� t�' . t r 3''+1^I� t• ,, .Jr, .'., i• ;.:r l t JY) '1•Jt7 ': V' a +, i Yff 2 '1•'r .,t. {� 1 � . ! t� �.!'+ F� '( t '•i �,1!«... rd pit IY 4 , y R X.� + . .j.. 3.� � '.'.. xYP '� �. +=,Jt,r✓fit �''� ..t '`. ��.i.� l �YR{rt _1.,_Jj yJ.:�:rr.'1f'i(�i. r;. Jlr�w�. •,�.•/ JI � �,rr<� �_{ �1.•'`si y5-ry3•:.: i : i.wiwv F. (g 109 j Good Faith ?ep2sit _he:Agency Acknowled es that the.'Devel . P spar hea,, , rTg delivared to the'. Agency a good faith de osit in„ the', amount' o£ - IlVenty �Eiv6 and Dollars ($25,000) (the "Good Faith ,, 4,' Deposit"):as security for the,performance of the obligations of damages ,Developer, or r4itention by the Agency an "liquideited ;�. the , Develo er, or i g ee with the provisions of this Agreement. y .. In the event of.`termination of'thia Agreement;,as provided in Section 612="-of Ithis, Agreement, the Good Faith Deposit, including all interest earned thereon after such deposit, shall be retained by the Agency as.provided therein. event of termination of this: In the Agreemertr:as - provided h Section 611 of this Agreement, thu Good.Eal'th p . t p y g Y De o`sit shall;,be returned to the Developer b the ' A enc as, p therein. ;. provided . The Agency, may; provide 'for investment • of the - Goode Faith"Deposit where appropriate, but '''shall..be``utider.no obligation'to earn interest on the Good Faiith Deposit and shall.not be ion of the. bevel r' \ termination lof this Agreement orocom letion event of; y loss 9 p � oper'. "-� J-:provements" (us hereafter defined in Section 203 'of this, Agreement'), interest earned shall•'be retained by ,or returned to 1� the party entitled to the retention or return of the Good,;Faith: Deposit: ` 'If the "Conveyance" '(as defined in Section .204) is effacted pursuant to this Agreement, tihe'.:Good Faith- Deposit ahall''be credited against the Purchase`Price payable'by,the .Developer. LI.(6200] `ACQUISITION AND SALE OF THE SITE A: 1§2011 Amendment of Precise P1a11o£ Streets ' Prod ided that the Davel'oper is. i,n compliance 'with 204 of is obligations pursuant to ;Section �hia Agreement, ' tha' , r cause, the appropriate','.. e r mints of the'Cit to review. sub Ag�ncy,will use ate best efforts,to,q ' division' - maps •and lanai' for;t}�eSitte and;',.,if required, ;to initiate within the,time sez . to +' 'therefor; in 'the Schedule -o£ .Performaticc and theree►fter conclude Cit st +nets and talle s as pr• amendment andabandorlmenz of proceedings for.the alignmenta de i'cted on the Site Map';as ;further Developer . agreethat,, Scope: a eveloper' shal'1'' be .responsible ,solely that the De The Ageny,_and•the_. described in the" �:rfoxmance. o for- the construction of those streot, improvemsnt:i set forth in Section'l of the Scope of Development (Attachment'5) 12/ 19/86 3349k/2460/19 +5� t..\.iN a,%t11:1 r-11.,.. ,, ,q1,,. "'A fir', ,.:0,7 _:�7 r iP:` fx�il•. �rr .7,77 F77 j177 �_:��..'tJ �.. _ .,_...C+.33 s'r•.•-.fii_+e1.. .. �.. ,,�1+'r7,t. - ( !, .1- � -. ,ice ,ir, ++tJ ,I! ! �f'"+. t. tJ, l, � r t ,i , (•7�`-+ .Y•l+}A l-,A: {'. 4.tYilit ! �`xS t � �1. } 1i tip:' 41 t r i 1 •T' J J >• r t� ! i�) 7fil ri.ti,� 1 rJ �;. i t rt rc,>jr t"�R �.J , t til t J1 +• ut1 `'�� � s': �t y� ���J J 4J +:'i i :1t• y 4•y , � r J yt'.. ,�`�,»t }Ti 1rv'' �"r mil. +��,Sir%y.ytrr � ; ��'�.NJ/1 }1Yf1 ��'..: �rdx�f�i►� _L!.... fwtJ.."�. rrR�ti:'.�' .,_�:. f...'S./.� ...1..,{rr tt'�. :..Y•.!'x't.� +apt _ r ,.• �7L?f�}:?Yt{"lJ.�:'.�'���t'�t�{�t.,�•rl•='�At;�' !1 s� �t�t�Tatt.;;iJ; v,�.r ;t+;t �i,.i•�ir �� `lt•.,Jf L.:"'r`IL`i�t�r��'�.fv(� �,:fir:�'�!' ' 4�1 ESL is '<t �� ♦t yY la� >� i�,r 1f !,1, '4t �+%. tr .c, l�,y, +•r .�4 f 'i •} IT'iR' /�.1�+�i1t �'}+ F, J };,J • jjl a (?;-if r�=,'.'.l• ,ry.�.'. �t•r i:ti.,11r�(L,{, tt' '. �.311 �•jt.p"r', +:t7:1:,;.rr „ i r � � Jb•t� i,i.�titi �'V �� , j'i; y 1 1 r,. r 1 .1.;.. � t rt"''; r (i. 1 } 1 t,.: y t (a,. tr y 1,I M\tll1s teat+- �fflf�t'��t�"?fi Tfa ,w� a ! •"� •rlt(�� l:• �.�t ,'•t l: J � ♦1{' ,, , tt�'i I+- i t'1 �,�. '.•_.'l, •.il. � t'1.: � (y 1_. i.r5 tx1;� ')• tr i�l,ll.,'�)': •� t!`i:.�+JJ: tv. �• ^j h' [ t. l {''r 1" 4"�` f1' � j,,lF,'� ;f�c:h ;'t,,�ac�t ,t'.'t:t4�}r try?.' ' hr, i r: �, ..., y:,f.1 ..'�{�.�,', �.. x. �'•: .,,�l�a ,1y i iE.•��,':�'* yyy rt�l r''�+ ,rTr',�i' .i`t•t`:(,.;J-� ,!�J� W �rl.t .'' :� ,. le + x !..' i 17 t!!.1 '•• ( J ,i•t � J, 't{ 'X�} ,ft(r r 4f*'fI'y'r II.rl,�.{3�� �/ .i ( '.y{ r r1Fi '`Y.L y'�1,. �.��(;�i•:' rs� �".._��')`r���?���t� ���rr r r��ji'rytStri' tei, �t�t�':! � Ir .[ t. :�' ft�`7i•tr ��':rr,l. f'i;x{�+�',���{�ht�l�/=' '!?'►J•i �t�yy,v �', ':•ar1? yY,Y^ �`, (jtj)•�I��'lS �i.1` � 4'�J! t-7 '}t`J i!� .�:'Yr �r' I� •'J{iJJ �f :[ i � iJ tii; 1 :1t".�jJ� 7j :Y(�{�`y.'+•it� 4i �}. /,,�;('..�'�' rlil 24� rl_. •f t �} i.. i ; .1 `'� i .r'SS, 4 llt1 l i, ,.�� r t. 'ii' 1 ..} 1 .-R; i ((' 1 %I f' l�,n�. `� • •� Z4.�• 1{ •n F' �r Il v, !J f ,l' ��.F �j���Tt•, li,�,�•t J�:�;,D�ilr,...4i', i/'�- ..i7'f, �� rljL �F..� it �•fllcirl W,J `' ., :/ .wr>/!�� ,tfy '�ii J�1 �-4��rf tt�i'i'�'� ! 'S�fl•'� .lj.i4 YY.i '!} !` tl'iJh�� t �:�z!>ra►' � 7�1� ir,,.Jt r {t,�.a ,t (/�I. �}r 1 r r.'i•c ,!.''; f is r .T {{ f Sri'?{�rl,�I y�� 1•r',)'11,ar,� yt f � 'J 'ri'L�tk"r�;f'!', ,t1^� J#I(� ' wr �rr ` } �'. � � �' , � Y•.' !t t t. f• R l•ti '✓! 'tr., i rr 11.I:r " y r f / ••' �r / t t ,J, i l� „ •,,i t . l 1 r!Y a 14. J ,4= �.�` t IJ^7��.? iJf t:'r: {,{r i2 }. r,+�`7rj� '` tt 1 r 1. ,J' lr t - ti 1 i 1 .y".. J r, 1,r1• 1 r M r >. 1, r ; B.152021 Acquisition of the Site Subject.-to,,applicable terms and conditions .of this Agreeme nt, the Agency; agreea•.!to' sell .to the Developer and the Developer ,shall purchase from the Agency the' - Site.- Thai purchase rice p for theSite, to "be paid by Ithe Developer, shall , be , the' scum of: • 425, tl00 P er each apartment unit approved for development,by",the City. pursuant to Developer entitlements available at'Close of Escrow (the.aggregate of such,amount being, hereinafter referred to as the .,"Purchase Price"). The rite is, to ' be acquired by the, Agencyfrom the' City, of Huntington' Beach' -prior to `escrow opening as provided in Section 204. in the event that the City fails to declare t'.e site ssurpluts pursuant to the llurstington Beach' niunicipal_code 'orr.an independent appraisal of the site establishes a, value. greater than the,,purchase pvice herein this Agreement shall be terininsated. C. §243 j Disposition, of 'the Site ' ! The Developer.' agrees 'to:; purchase from the 'Agency the ,t Site f in 6ici c'ordance with ''send ; sub j act t-)' all -of tlia ,;`terms, covanantse.'and con'dition`ss of thisAgreemft_Nt' (particularly, Sect)lon 215 hereof) , . the Agency , agrees , t:- sell'; to the: Developer the. Site:., Thereupon,"', Thereupon `'the Developer.,, agree a to. -and shal,l.devel'op the t 5i-a .in "'accordance :with the Scope Of!; Dove lopment',., (Attachment Mo. 5) within the''timai and.::subject, to the; terms, conditions 'and'provisionss as hQreinafter',provided. ;' The Developer sliall develop the Site as 'an apartment complex is whi'ch''the permitted uses shall be those permitted in, the City' • ,Develo er a rees,that,the:unl Code (F-2 PD Zone). ,The �.• ,of Huntington Beach Municipal p_, Y p P P o be � « complex t its of the apartment const'ructed;b the Develo er shall be. cons3tructe'd.,to condominium=.standarde as set forth• in .the Hun.ing..oa Beach Ordinarice,Code Division'9'and in'`'ccbrdarice with,, the E'7 requirements of tiie , Department ' of ,Development ;.services `of 'the ,. Ciis3ubmit an Valolecaxtionher, i4ree� whi.'ch applicati.a eshall'•, ctioh therewith, to Y Pep{ ( P e' .a DenartmetzttacDevelopment Services and the City, Plannin roved by the City) to,the City P P Y' ql.,.. Cominisssion for a conditi final use .permit allowing _the Developer Improvements (as hereinafter defined' in,,Ses:tion 302) to be converted to condominium use, and to diligently such` application... The Developer shall receive the`cnnditioral,uU8 permit described: herein prj or to close of escrow as required by Section 215 lie;veof. Companyt'ownss a' strip of land, of approximately 40 Xeigtoo Beach The Developer acknowledges; that .the Hu ' '' 0 feet on the Site CHBC Parcel") ' The,,Agency will usiA its best ;.effort to acquire said HBC Parcel -;ay negotiation` prior to.close of escrow. { The 'Purchase Price' for t, he,.3ite shall be that amount determined pursuant to Section 202 of this Agreement. , 12/19/86 3349k/2460/19 =6- J •' '!`jf�}t7 Iw+rV° ^ y., t N' .,v ll. ) ;i r" !a+r��tt t ! t • � , z>; �;'n'�i n `�l aS �i , r•J� r{.♦✓;t Y• ,�;7f`gr:lL+� f tittr� itY: a'1� i J`i���1+1 ��1 +�t�!3,i}iij t•t-,.r'1i7 •i�S �;Ir: ;yt rY.. �:-, 14 cry 7 t �st,�{{+1 ,t. 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SL, �[..,` 4� +4• fl,'}. 1,� ,... 1. �I 1 .li Y, a a� J ' , S; r Iti'addition to the consideration set forth, in th13 Secticn'5203, the, Developer shall pay,-,ai ll- of ':those costa, charges, fees and expenses aejhereafter,expressly provided,to be paid by"Developer. pursuant' to this Agreement and shall;'' At its cost, provide all of the beveloper Improvements (as defined 1 in Section 302 hereof). D. [1204) Escrow TheAgency, agreee to open an escrow ( the Escrow") �> 'Jwith;(Escrow" �Encounter:3,;'Huntington F3ctach, California, or with '., another, mutually, agreeable er crow, compariy ' (the "Escrow Agent") , s b' ,;the; time established 'ther�for' in the,'Schedule of Performance yL r ,: :. • 11 ( ••. ), .described in this section 20�1 Attachment No 3 The escrow shall''be sefert.ed .to as the Escrow,_" and the conveyance o, referred to as the �rovided for in'this. Sectiolt 204 shall be 'Conveyanc !'•.r:' Thin Agreement constitutes the joint basic escrow' instructions,.of, the; Agency and the Developer for -the Conveyance,; and a duo lic 'te; original:; of this Agreement phall .be delivered to the', Erscrow.;Agent upon ,the opening of the Escrow, - f;•� c the. Develo er'. shall h additional',, The;•Agency 'aid p provide such tions as shall be necessar for -and ctisistent escrow'in$tru Y. with -this Agreement;'. )The Escrow Agent is hereby empowered, `to aat,:under�,this'Agreement, and the Escrow Agent, anon indicating within`fthe"(5) days after;,the openin of the Escrow its acceptance, of the 'provisions.of'this Secticn 204, in writing, delivered to the Agency and the Developer, shall carry out its , duties as Escrow Agent hereunder. 1>�,, Upon: delivery of the "Grant D4pd"liQreafter f ' defined) to the 'Escrow Agent hy';tho Agency pursuant ;to Section 208 'of, ,this Ag cement, the Lecrow .gent shall record tench': Deed -when-. title can re vested',; in' . the -, Deve loper._ in accordeace, with':,the terms and pro,_isian$ of .thi s Agree•metnt. The Developer,shall, accept conveyance: ;of titxe�or, possession-uf the Site. es provided .in,'the Scliedule of Perlormaiice ;(Attachnient No. •3) ;" The, Escrow Agent shall pay ar,.y. applicable tiraiisfer tax. Atilt, knsuraizce policies coverine1 'the Site or any parcel are not _to be transferred. The Developer shall pay in escrow to the'-Eacrow'Agent ;one .followiay' 'feeis, chawges' and costs 'j�romptly` after the Escrow Agent has notified the Developer of the+, aMOLtnt of such. fees,., , charges and costs, but not earlier"than'tsn (.10) days prior o the scheduled date for closing the Escrow: 1. One-half (1/2) of the escrow. fee; and 2.: 'That portion of'the, premiiim ; for the titie', insurance policy to be'pafd by the:Doveloper as set fortis in Section 21.0 of this Agreement. The Developer shall ,also deposii . with -the Escrow. Agent : any balance due as all or parr i of the Purchase' Price by the i2/19/ 86 r i3349k/2460/19 -7- 1.i'it IJ �r . 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'.� M.y`a♦=r1t1..'f �'1 f5�,x rl} 3 �: �rt►r•...f �/3 ��� r� 1 a '� + 1 �XL Ir z• S �� I ie7 i � � � `: } r � t _ark r '� ,r f ��• . 9 1/ Y ��>' S�� •'t. t � 1 + ��1,i !�` r 1 �, i�11 Li-s,`+fti 4��r i 3 }! � �ti "�f-i�..��e hr i r f'+...: ���� 1>* 1 �t," �� Y f. ✓'' ,1 � rr f � t sT �. � L.t, + tk �% 1 .� .��., t .� ✓ 1!{ i i f{ r:•f� ,t , Z!`ii � !: �, l ` i �: , • Y,L 71r 4.y •. ,'$fin r4 � ��M ;� •,( Y"1• 'tl . • Sr ',i4�ti•rl;�'r.a{ � wn...'`? j •S%��r4., r.'• ��. ', r,4,. !•;^ ), "y,tYr Yh�� +`, -t1t•..5 �?, iJf' !w?,.x ttN• 1'-+i r}; �lll�s.� i.l"-r��Y♦NYlaYlfifAl.�irlYK/w�i�llira e 0ra t e established' therefor in the Schedule of Performance: ' (Attachment'•No. 3) e ThAge " • � Agency shall ay,.in escrow to the Escrow Agent the following fees, charges,and costs'' promptly after the Escrow Agent has notified the Agency of the amount of such fees, charges 'sand costs, but n-Dt earlier than ten (i0) days''pxior to the moheduled date for closing the Escrow: 1. Costs necesmary to place title to the Site in the condition for conveyance requir-d by the provisions of this Agreement; 2. One-half (1/2) of the escrow fee; ' +3. Cost of drawing the deed; .f 4. Recording fees; 5. liotary fees; 6. An state of'Califcrnia, Count' of Orenge or.Cit y Y , . . i ,� y' � . documentary stamps; 7 . Any transfer tax;' 8. That: portion `.of. the premium for.''the title inaurance- policy to be' -paid by the Agency as net forth in Section 2:10 of this .'Agreement; and 9. Ad, valorem ' taxes, if any, upon the: Site for any time;`priar' to'transfer oftitle'. _ 1 acknowledge r g• y 'shall timely sand properly.' execute'; g and 'delivei ,a de'e3d 'in substantially the farm of. -the "Grant Deed" ' (which ; i s attaohe3d ; to :this' Agreement • as'' Atta chment No.,, 4 and i s incorpora wed-hereir.i�. Loge,tlie-r;,t;ith ' an', eaatoppeL certific4te. certifying that ` the�iheaveloper •,has``compl eted all act's (except. deposit of- the `Purchase Price) necessary. to entitle the Developer,_tb' such conveyance, if such be -,.the fact. The Escrow Agent is- authorized fto: " 1. Pay; ' and cliarge,- the Agency. and :Uaveioper, racpecti've1y, ,, for' any:' fees, char`geo .,:dpd costs payable` under: this Section, 204 •of, this t Agreement. Before such,phymente or `charges are made, ,'the, Escrpow. A. Brit shall notify,; the Agency.,. ,. g and'the Develc er of the'fees, charges and,costs neceseary,to'clear titlefand cloese'the'Escrow'. 2. Disbursa furda and deliver the Grant '''Dered,.and, other documents to the. parties`esntitled' thereto «� ' when. the conaitions'of this Escrow have been fulfilled by the Agency and they Deyel:oper.Funds 3349k/2460/19 ttY1.`' tt. Yy'e..iir}i ►' 1�4ir.,. �`Y�'4� 'r(r'Sel t,,+ !'� �n ,f Fes•. '.r�1. q. ' 4,` •.►!}4+ :!-♦ yl] �' i' r t rif. 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S _. � ' �1 :/ F�+?f,i W` f`st't7 tf 4••t }��( r� "7A /.�•If rJ ..vAiry l+b•�,j.i ,4,t ,•r a 4 { . It��,."'r ..:,,'1 'S1' �' �'� +t e �,! + ,l i 1 F, r + .,,.'r ; `{ r,r,.. J t '+ irY ; Zr s+ t ,. 4 ! •, s a it i .{ r J' J . : f /, J w+• 1 ,t�+ t ♦ �' t y , , ! �r try 1 r r. e � 1L ���-'� i J',1 vi •1,l/l t �i ( �J � ! !t ' r lc t �frf•. t .' s . :� A�� ( +rt 1 , .r �i�v� ,je r=, �. '1 b•�Vf'.� t • Q re it. + n , . ' r ♦t j . s �, (, ,�,- r � r' s ti •J. . .s�r n ',.`;,f!L ►y4 �S 1r 4t �,%. �f 1:` .�, ,`,i ,;T �r. :lA.� .�:� •tr .(i)1 �t♦t;t 5+t�_4ai.~�i� +6 yr�1 .''r' � r` � � ,�,(�J �f ✓r �A �'� �t%r �• �1�*4. 1.1i�1"S��}�r k 4 a i tir +i i:,F Y rk,i; t % t t•r •lrrt rF ��Jr{tJ jif r ( 1 sr. ; °j Y+ likl i iltlt> J l a �? ii;,s '�f��%'ii,ry !t.x?1t•rf nP j k�: •f 1` 4 � i ; A }'r¢,; rft au; +1 r LA•�'(r L/,'�i,� � t , (t t r{ y �L � � K f r sYf rt t.Yl ;,J,E� r1 M ,. �,��7��} �11�r�� !7• ai ;,J� rJ.'J�'. � ii'�r{t a i •� T , q�s7�f'`s +. .. .f t A •, .. N !.�,�sri '.;;,t 1 1*� �� 1�.J t" r r�``�J i , iY•r'.,.t�IAI�F�F•�s i+'^, F''` depo'afted as part';of tiia `Purchase Price shall not be diebursed- by the Escrow Agent unless and until the Escrow Agent has recorded the -Grant Deed '(Attachment No. 4) and has delivered to the Developer'a title insurance policy insuring title t ' end .conforMing',�o the 'requiremente, of Section 210 of "this Agreement. 3. Record any instruments delivered through' this Escrow, if necessary or .proper,'. to vest title in the r M!,velopir in -accordance with the terms and prof►16Lons of this Agreement. ow ,.aha�llbe �p `d r.0aited = All funds received in this Escr, 7by;`ther Escrow, Agent; with other , esc`iow funds of the Escrow, ( P.yant•'in� an.., in.rr�resteacc unt or' accounts , n'earning.. general "es� .• screw , with' any., state: or ational' bank doihwbusiness iri•'the, State 'of ' California:'' -Such funds may, be ,trinaferred .to any other•tgeneral decrow account or'. accounts. All, disbursementi3 shall be,,,made by i check of the: £scrow:`'Agent. All ad ju'stments are ' to''be 1n.ide -013 I? is the bauis of a thirty `(30) day month: f S' t If, thia'I Escrow :ia not. in, 'c'onait'ian',to•"cloee.on%6r before .the trine, far,; "cL)aveYance,"establi stied!► in `Section 205. of erform�adethetactsttorbecperfo2rmedhk�eforeltheaconveyay o this 'A t, t. nce Hof posited w Agent'.'th'e' return tittle may, � in writing, demand` from'•; t of jts money, pipers or ,documeiite' dep wiih ,the, Facrow Agent. No.:demarid for`zetu'rn .shay l;;be' ;ecogriized$unt3L=,tdn '(10) days after ;therEecrow, Agent sha11 shaves mailed.!cc+piea_ of 'such demand ao,•_the other .pa'rt or�;partieo' Qt the;; addresa.;of.-ita .or p„ P P. i f tl;eir • rincipal; lace: or>' lacks �oi ;business,` ,Objec�iane,,t, i� any, shall'.be 'raises `by.wrii.ten,,notice to• the Eac`row. Agent and to the ' other party wi4:hin the, ten � (10),,,day.,-,period, `in .which event the;;Escrow, Agent is authariEed 'to hold ally Monett, :papers ; and documents with respect; to ;the Site, antiY in•structhd b a `t mutual agieeirient.,of the.- partiea or by a court of, co;�petent jurisdiction. If no such demands are made, the 'Escrow shall b.e closed as soon as -possible. 1 +. The Escrow Agent• shall nbt ba`` obLignted, to ,return any such money, pipe>"e"or documents' except,,upon the written initrutei.ons of both • the Agency and the Developer or until ,the party.•entitl.ed, thereto har. been determin-sd by a final decision of;a court of'competent jurisdiction. ' amendmentteEowandg'thecDiotis,:shall''be inf �' r r wr y both theA iti ng and signed by genoy eveloper. ''At the time. of any, amendment, this Escrow Agent , shall, agree to carry out its duties as Escrow Agent .under such ainAndment. 12/19je 3349k/2460/19 -9- •r •�y, Fri {:. 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J,. .J.!1 � i.- r'I,. +1.��'�i :� •,-if' „i.�:;'tF3i,.t���•l�'"`J'-ta-�Y����rtr �, ��'!�' t::/.:' �ai k ;i. �.r,lr'11' It:r�-�`r �;'•} J�►si,.r r+ •,}tJrri � 'etz.r 1 ,'+� .i (, R + r' `N ►.. rr .��.� 1 f1,•r. � ti 7 �.'• G.,�,��'{[E, a. y'''-'•.2.rLfv. _itr...,. .d_+5..,.�•• •.,, ,r U. 1.' - - r 't t-�-4 ei _.y-.,r.i j 1', .: ..-r t ��-_r' .�..5 +"��� �itl i! -j rf. f .. �,�1 ��,�r .11, Pk 114 '0 c j, j'fq! , 1 t-o ! A H 4"4 rL W C'N ;I - At Al i 'communicatibna,,from the Escrow 'Ageint.,to the,Agency or,the Devdl:oper shall be'directed to -,the addresses and in the manner, established In Section 501 of this Agreement, for noti.cese demande and communications between the'Agency and the Developer. 'The liability. I of the Escrow Agirit wider this Agreement' 113'), inited,to performance of the. obligations imposed '.upon it under Se" ct'ione 204 to 210, both inclusive, of this Agreement.. 3. [§205] Conveyan6e'of Title and Delivery of Possession xtens ons, of time mutualLy. agree -.-upon a, any., a Subject edt. d be Wien the Agency.,ind.. the Developdr,',.the, Conveyance shall'be c mple pr -?r.'to' the date.,, specified the n* the. C t*d, on' �oi' I Sch6dule of Per,iform"'ance.`(Attaclunen't:Noe .,3):,.. Said Scheidule' of 'revision frain P6rk6imancei"'(Att'icliinerii".No.,.3.)" is-'sUbjec 4 t 4 , a i.time'' , to time as "mutu­a'liy;:e#'gr­e'ed `upon in'*','Qriting.,between,.,,t'ne, 'Developer and the.�,-Agency. The - Agency" and the1) " eveiop&r,.,agree to a cirin all acts necessary to 'conveyance of, title in �Su f j rf .icie'nt time I ,for title to be conveyed in -i-'ccardance ''I t1i the , .Posaession"I ihal -1, beAeliv red to the D'evelopel- conadrrently-vilith conveyanc 0-of title, 6x6ept.,that limited` ' access 4may be 'permitited -before'�-,conveyanc*e oftitle a'B permitted in, Section 214 of this Agreement'. The Devel;pirshall a'cutipt titLe af ndo�Ossessi6in on or.. betifore,.the '"date established in,the Siaha4ulcj Pert ormance (Attac'1imei&1z,--No. `3) for`i�the Conveyance. §206],­,, Fo , im'*of Deed for th�e'dcnveonce _40 '.Th6,Agency , shall.,convey' to the Daveloper 'title tothe Site,; exceptifig-tlierefroin,mineral rights, 'in the'conditio"n pilovided,An 'Secti6n 207 6f,,,thie,. Agreement by grant dead-:. in 'thei forin of the Grant 'Deed (Attacliliteat No. 4). G. Condition of Ti tic3, ..?071 The'Age ncy shill' convey to: the. Developer.,fee 'a mp e , mar6hantable UEIO.��,'to.the Site ''excepting 'thdrefrom:-'.mine'riil c tw,,.Ired and d c.1 ei'a'r,� of alt �ecorde or unrecorded encumbrances, s. Bement see,'. and mb '-d-ovena6i -".'a' assessments, as' 511",covenants- int�� of'.::record ,.-,at; the;, time ii-xO" sic. e_p, t, .1 6,r:�,,l'*,., and,. e a seme ­'li "�" it" which;- the,- Devel'o er� as:approv6d of Miecuti6n'�of 'thls,�Aqr6 men lf­"."�. n tin - g the" Re'de­V"e­lo'_"p­m4nt Plan the"", p­r'ovis-ion's . containe"d in 4 a ,Gr jAttachment No.,,- nd such other �enmbzaiihdee t1i t De6 ma. y`,.!.-,-onseat. thji"Ocoi�a,ft:i,001 of _titlii, qjhall be. compatible ;with' and not development �rei6lud6 deve pient.:of the D11eve'.,loppr sh 1ro'vements" (as herea'fter,defified), and'theD&e1oer'Impw easements pri6r toand asla conditi" of, revie12/19/136 3349k,/2460/19 _10_ W IV tit Z,„ 44 'FV JO -,rf )x 0.4 l # 4 r, • -^kg atra.,� J3 , ..j�fi ,,.. . 3{n i,- r , •,. .' r( +ta, J t ,t,,•r I :,f, 7'.M. �,• tt`� , `^ ', ��•�;����♦ •'.t�'` t f`,'f'i ":.,"'t t c, li •r, •,! ` �$,". i-,,• ,� ,J ( � .•'� it �, ' .t, j•,:..,� it fi1f�," �rri �r � G'i• 4 _T.., •'i t :.r ♦= r -{iY` lJ F,:, .. 1 ^ ., . t _= J t_-, , f i�}...f r t ��•� � �r ' s w' i ��i .�is,i ,., , :.Y- fS�T ,, � {, d'Y. , > -�- r , � •, ! • ; ,, ! .+ 1 r w.r t'r A I ,.Y +tA4t'' ♦ ( r v t .i a , -, /. t„ L t � it f'� t �.- tt ? '-t' .yii 1< i ! d "° r - y • lk tti,, ' rL r :t a r.. zJ`-•. i , ., > � t r t s { �yy ..Jt'� T ,. c � 4 i .>, - q r rz t t i jCy 'J- i •y'Tr 'tl `•` 4..,..r,t �yl' �'t j� 1 "y 'i A r ! u1 f i 'f rr et ,ir.e '�1 4 ,�i' 4t" 1 J t t7 i MKy. < t y r , .,, , r. 1, „t'• ¢; .! ..%} Ui• r1 ' i t''r' Y! i ,.• <r` '',.s, F t-' N r'", r ' 3 4 } r i ■ ,^" M1 y fi C ti6 �•` � r, �+ 3 • ,n t, y ttt ! r, if a s f ?,^ . � • 4r �� r i'�••. ,�:r f < T• � �..t pr' . 5,v,) tx � +�. 7 / rt , 4J+ +s ,}j,' �•{ 't ` t {�� ��;'La ri `ta,4�ti� �y\�'� J•t^;j � e+, t y r r r l• r [" r d! .r•(7� I ('.}"y) , �� �� S <+�y'`+'i ' fY'� 1, -.,y. } l w., r r•. f'yw• r h z _ , ii „Y.� r ;.lt+„ a•..��, ali :tta T�-�, yil�iAal .�� i `'t, Wit'" 1, irk++,x r•A< i• tY�:'Y��,�,ra,i�'ri'`,', {�.{i •`Y,!`�L 1'�li l�l t���a r�4t;y4;t SY.;�M t`tA �°Of�x 7; •�1 ��1T `! f�a...,,..�'L' yc SJ.e �vS9�•' . ��`(( j t a �.� r f Z•• AL. i t •.J} i i/ r .;T' i ��,{at rf�' /r>t,, � . � 1 t' t;. r ` r.rAx •. fir" i :r .,�): i closing. :consistent ,w4th `the foregoing. The ' parti9s shall 'act reasenabl•y in evaluAV)n of any ..encumbrance's ' and `,andl;l ,act; cji ligently, and prompt;l.y,;to ' conform the `condition of title to. , that required for the Developer: to proceed with development of th'e,beveloper Improvements. In no event shall -the Developer be required to accept title subject to a deed of trust or' mortgage. The Agency shall •, ; all reserve and except frnm the(: Conveyance all interest: of,. the Agency in oil', 'gas, hydrocarbon substances and: minerals, of every kind' 'and. 'charaCt`er'` lying,,more .' Y surf ace, together _tf�ith the right; to drill into, through, :and ,to' use and .occupy,:all parts ,of :the eet slow t e au Site lying:;more than; 500 i eet below tho ; surface thereof for any and;.'aI1";purposes incidental to; the: exploration for. and-',. ' production of oil,:yas, hydrocarbon substances or;;mine;rals-from ~' :sand site; ore other lands,. but without, however --any, right to -, use either the"'`surface of the Site or any portion thereof within 500 feet of the surface for any purpose or purposes r whatsoever. H. ( 5208 ), Time for and Place of Delivery of Deed he Agenc shall de oeit the`Cr ea ( ' f Subject to any mutually agreedpzn'extension of`tiine; t y: p ant 'Deed Attachment .No. 4) with ofetheCConveyance pursuant to the dIS te; established -for ,the date, ' Schedule of Performance` (Attachment,No.'3). §209j'' Recordation of Deed i, 4 ; The Escrow ,Agant shall ll fi'le•'the*:Grant Deed for !;r. recordation among ;the ;arid rec.orde' in the,.Office of the 'County, Price to the` A f gene nty,;i and shall, deliver' the,, P«rchase. ' +.'4.' Recorder for 'Oran e Cou Agency, delivery : to `the"Developer_ of a title ' insurance policy insuring title in conformity with Section 210. of this,Agreement: J;: j §210 )� Titlet Insurance } Concurrentlk,,.with 'recordation a£', the Grant Deed (Attachment No•: 4)';`conveyi'ng title. to tl-.e�Site, First American. Title '_:'Insurance; Coriipany.-J the.• "Title 'Company") shall provide and d�tl o�Compa p ' `k ,, policy,-,, :�� Y,, � , Y` he'r • ny •insuring ;thatethe$ti.tlegto�the Site�is� veutad in • Ti ''Dave . ,. Developer in the condition required.by=Section 207;of this Y-L1 • ., .. Ag reement..;; .Tile Title'.CompaiSy <shall provi'de',the Agency';with a cu of;.the, title insurance;, oli;c and't tle:'insurance PY ' �P Y he 'ti, policy,- shall be fur. the ;amount of ;the Purchase' Price. ,E:The: 'Agency ,shal'l bear; •that, amount ;equal to ,the. co9t' of a 'standard CLTA;-policy for, the `Purchase!.'Price. ' All,:,nddi,:ional chits ' incurred for or related to ,'such .title insurance shi lU ,b'e borne solely by the Developer. The Developer may'', at'its` option and 3349kf2460/19 =11- ,; i:aJ p i• ':r T� ({'}!Ci TA L:�y r, l';T3+{j r'y,}'+r Y`vriyf "'�3 R 44( r rr�� �! 1r1r ;f�•v ISi '!t T•,• L ,, rr.frr1 y)r t, t]]� _ (( ti./ ilr ,"h ``.t !r ,•T• i-at� L;k:4`Ltl �l }/,� t IW1Ji�xs„Y) �t.. ,•tO Y - t i� i"-1� t 'i=t?., y 1 '; ■rt. fr 't�.11l/f_T t2., , la ��t. ti'A c t �i•� f i i i 't :5t • 1ft�i: ItP 1..'('`ii`7;'ii7.r ,I�M1t}'tauj; 1'ttt! 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'l+ •1l+i �.� i t.� f1 r �` ly{ •r�4 �t- i i t Y -A ,. !'f t �7 t �Z vx f ,'! �� t,s !4 yy4v tt' r .Z i ♦ a I 1 � r. f Y ,I � ! !' 1 �tlR • s'+ , { S"ti J r �Y I. � 1r �' �' S r ' i 'S^ v. !� TT,�tf.t r;t "i t t: 11Y , T ! r :`+ / .r a ,: r ',�� i F ��..{', � •. tXt.r •t F"s" Tab , 1 r' .i`t !� - � �4�J t �'f"+�• t' t r J r : f {1 .ai ! i, , l/ � {► •�� J, o KI�1") i,6a l f fx,y{•�_ r7 rZ?t �CiilPTTC.'��f.'��ir+•:��4:i�lt't'�.,'�+ri'��II"..?.. ... ?4df�,i.',=,fit A�4':1:•�.f.�"aCti::'3f�J.'{i�����rF=i.�'��r�1tMArr��s'l�tif��Ji 4�"ld�i�'flIq J��� r /N J t� '�. �r•�..T: �5r J •',r ..• Y 1� x!u �..n1r1� ., ��,y,(y. ♦1r}'y�Y% ''4t ri •f=A 'j i�`•i �'sf rr a:--`'�A'(��1�r�Y1 Yt .1...7 S C u•' ,), j J 1 �S�r��+ a♦'srt,•'f1 � (�`��� �n;.'t',t i,ft'�'�#1 �'ti'r�'rrc,-, i PfltJ,. > -. J'��f f $,� r+rX.�r fl'i, i 5..,r i Ski. ' �� ; it tt `7j ,� , :li�T r r�"r qn it�.,f'F►t! �',ti.•F7 •i V L44 ,.. r.{._liilt►.� •iltf tt j:' iS'{ . . (., • r. .. .., ,�•• Jr(T•r+a..t .�.'. 4� 4.4YY1. r f.:tr 1r,lu j tilr ` at its coat, obtain coverage in ''excess 'of the Purchase Price and may obtain endorsements or an ALtTA policy. K. [§2111 Taxes and Assessments Ad valorem taxes and assessments, if any, on the Site, levied, 'assessed° or imposed'far,'.any period ,commenciing;prior to a , be. borne'. by Agency, and, any,. 'cf such taxe's imposed. after., conveyance of title; to the Site 'to., the Developer ye'd taxesQ lop au valorem _taxes and aasesamentd,,'if 'any, „on ithe upon the Agreement) shall be borne by,the', Developer. - All other'takes on the Site, whenever assessed, shall be .borne by the Developer. L. [§2121 Occupants -'of the Site _. �Poseession of. the,; Site shall 'be delivered to.'the Developer" And, title, tshall ''be,, conveyed to it with no possessory ' µ t -rights, ar, possession •by', others -� M. 1.12131 condition of the Sites. Evaluation of Soils Condition Tt .; As to 'atll portions of tithe Site, the Site tlshal1 conveyed an is' condition. conditi.on. The,, `be in - any ;way _ responsible faredemolition :of , existirig,. improrvements ar „. yr, remaving;.any subsurface: obstructions ;on the; Site�::"Itshall 'be ' the'iacle responsibility; of .the Developer, a t','DevploperJs experae', to inveEti�gate'arid determine the' soi'1f cosidition� of 1A-.he-Sitie�,fors�the development to ba constructed byDtayeloper' ! �rftpr'•tha npaning,rof +Escrow -as 'aetrrforth" in'the Schedule ot�' Pe``rforma' a (Attlaciiment;,3), Developer�,or .its,-`rapreseRtatives i shall have sc-cees' to ythe A Site= at} till: rteasorab1Q 'timos''foM, the purporr3e ,o£ obt aini: q'dita,aridmakiiici.'tes`ts nor• tihe,? purpoaer.of, evaluating the ;suit'ability,;of tie surface: and eubeurface� soil's r }i Developer, fails to , B „Yr , ha event , ..ti t conditions for,,,the. development .o'f ,the' Site In t t F11 hereof .within t'ze 30 :cis time erio ', t t , the t6rminate this Agreement ursiia ant:'ao Sec ,. d- eat . forth' therein, the ,} � y p - , aurfiice ;and' sub'�urface;, sciils conditions' of the Site shall be 3eaned.'to; iiv Fully' suitable In all respectiu for the Developer. Improvements. N. [ §214'1 Preliminir' Work • i J�'1 , Prior to the.I• canveyance'.of title,; re reaentitives,of, Developer'shall have the :right of access-"tb ,the";Site at all reasonable, times for the. purpose of; obtaining data' and.,'making surveys and''teata' necessary to carry out this .Agreement: it A ny prelimir.'ary work undertaken;•,on , the ,Sit t a by Developer prior to ,conveyance of title thereto -shall be done only after writteri consent -of the Agency, which consent shall ' . 334Sk/2r460/19 -12"- �. IF .i�_.71� tlrt�r�in• rr>, S ;4 trZ 7�ySr �` t r•`11 y:-! ! ',;'"d a��'"( .ill :�'i: tl,Mt��' 7t }r> �e+,,ft:IjSrlr- 'ti��• •!f S?w{j]�rt ..�,' i''a j`.t/t'•.if',Jl� �J iti j.°f ri: ••r.{ " .jty 'trly��! '. '' �.. (' T.�r•i pw 3`rt� '�,F(Y /.r '"t��IJt .A}! .'i . ✓,e ..At! ►Y ; ;1.. tit r ,.'';,^];i .,L r . ! })� R JP,�.� + �. r_•. .��t •i�'. tv t'; .�:'i��rl r`•'i•�-"Y`1�tL.1 ..3�� ,t`., CS•J„'t; i' t`tJ {r rr .-,,���FJ �1.,�- ���1t� 1 '4�:lia� tt�f �.ti^'. 't•"�i r ::�/,.t A:`t'tt� �fr !:f �tL �'.S r!j,� )'`' t ��}a't .,' ���t.!� ..r�l��/*1i '. '!1r ;�. .:t� i• r,�i( !�. "/ `'Irt +.i•" r+„*�j� ,���. �rJ. .i '.71"•'! !1a .Ytr r �,. ,{ ,-�•t- ' �'t �/ a•i•.. r 1 '✓; rrl r 1:. rl r i. ,, 1,.. {..t l� S./, 1, �1 I { `' f 1 �• 'tr l,,_ l Ui� SJ +�� 1�'��! t;_✓,J rj1':Z'�i S ~i - !�i.ctt`l�iiy':yt ''t•, �' l'r„lf},�,t i..,.'."!'•,,isit,.r a,Jf.(fr �^ 1,. Jr.. r.,, Ii'rti. r 1 1,". tjJ J ,1r ri /y +: n•. , S� / s. "r < �S 1 / ,� x ,r i. 1',f!, •,Y t i , I 1 t'! v .��•{.'� r !. r •'t. >' rC'r l+: f' -n. c•' ).' 1 'j• v �� f � !- 't;R�; �,f.i t t .r. �S 1 !its y j .i'.; i,.y .r �t: •11,. 1•�\ i.t• ii �r � �''> Y! t } ^�•1:%i ! ).5 as , )t ii f J "N ''�l f• i'y4 �tJrr Y l� I'�1 siL r S t ✓'}• h ti• tr :I��Irr, a<at r ; I'. •.}-.1 f,.,.�'{r`i 1� ��ii . 'i t 1 r 7 i i r� tti r� .x..) r {%•ii Pt + e3���ff1i,jj��. i , -+ )j 1 ttrlit-l•. 1 .r '11 y t z • 1 [nh• i, ► l�.l f. �• f ( rF'WI':1 f'7 J�f �,. . .:t � .1' ., r "t? ( �.tiv �.. a �f.•f %3.. �'' t J � . t J 1 't t� Ji• •i;rFl t t r J�4 � t .�lt, n.' r I.1'�ti t ., r S .... t, .I ,-rl• r ;' "Y't4i�`f�: � �f r :/t : �i .�� r�.t •y-�:. r };sY.. • rx; � 1'!•r,' !_f �/ f ill '1J' '/•�. „ t ;! ', I / �,{t ;r �,i r `'f,+{f,l `" %1 ��tt �. t" "�• Yl �i iS tJ te� :;1� 1 1 yt S �i+'' ftr ;� t �Jf ! SMrI r } 1 !}'r,)k� o �,+�! !►.'fir../ a +t to, .. �,f ;... ", k`r•,��'{jY,,, � :.5, r j � .,: L2/ .{("t j '? !/ If iFSs!)�t�. iTf:r J ��••L.:r!•�,jj0�%�.tti63i±� r i,, i:•��+,.1�'i,�� t�*1�: -. 1 Ala. 1� S''. � S� I`�. •)'• t t:'"�i , 1 • .,r)t /, ft e't.t1�G r'Y"il fl+i,:, ..�:� ,i. �,i.i; r K j Al���iy it til,J :illlr ',� • `j � r' t �)i`iti 1} .. j. " t , , 1 t t + A J a , � ,': r 1 ` ' r r t r ;- f A! r : �'. , {r ! t 1 • t ,� .,, f f ! r ` y � s'ri �" 1J r.�' i" •1✓••It'�a e• r1rw�- t. is ,rt iJ)tl r'`t �. �t yl ii��r rr ra1 %.,,. 1 h s� _,1 '.�� t� 1 i.i 1; �- t., r tt:' ., . ! , ...Kt ill! ��J'� zi1� :) � 4� 1 .1 t _ . y —--✓.i_` ,, � _�... ., ,GS,ri'.. .',�+ +1. ,%v ��l :.. �. �f �5.��:� �, r��,' 1►tr r'�Yt�f�- t.y •� . .. j...,. '/ .r. -s: �rf .. r (ft ��►� lr, - T f , K.t r , r, t'. 1 r Fr �t�t �r • 1 y �--i { � ,('t; ..����� +„ •,; �! Y�•rl�•.�' T 4 ..� .? �S , �i�r., t • '{" r +,'',� r !�-.� ��I,�.N' 1✓� ,S. M1;.•,r ,, � ;�y�L� � 7. � t �%�f 1 T t l5 .. •. •1 r 1 x,� ✓ t' i 1 ` 3.'�•, K.•r,:,,V 1 ri �t ` ,r 7 :j �/. / .� 2(, sf i yy t iff'" F .,r t � 'IS re t��-:'•i!'fr �j {r � � 7 � 1 i . 1 � e .:J t 4"i ' � •� i � ti.e I Its •,, f� Y`s�' �J�' is r,4t ' '+t'•0 r' �7` ,y � t " �f� ,� `� 1-y: � 't j 31 � : Y i i "Y .tom•. f i c'i I' Z S •�, L r+.. YQ' �. 1 ,} t 1�ila��,i'r�¢�`�'x).... L�^�� r •�_ j�2�r�.Siilw��'!{ ` not withheld, and at the sole expense of: ' t. ,be'unreasonably Developer. ,-• The. Developer shall save and protect' the Agency►,•and. the City against ;any claiine,--resuliihl .•rem ,i44P'rallminAry , t pur;to this work, ;'access or:,u�ite of the Site undertaken section 214.'. Copies `of. data, surveys aril tests obtained 'or +. . !Wade` k;y the +Develope'r on -the Sits, pursuant to . this- Section 214 fifteen'<(1S) days after , filed with:the Agency:within receishall•teby the Developer; .Any work .by`the P Developer shall be unde3:takan only 'after, securing any necessary . permits f.rom'the appropriate governmental agenciesi' t.r+ 0. §2 _ a ( 15) Conditions Precedent_ the , !'1 Prior and: is„conditions to'the close of Esc'' for .to r tYie ' Conveyanca, ;, tha De eloper. and/or' Agency, ; as, the 'case _ Y; t;he ,rea ective ' be;. aha11'completei oach;of the '.following by p = ' t3'mes 'established' therefor fn the Schedule of .'Perforinanco (Attachment No'. 1. �he.' Developer depocits .the C3ood: Faith Depc;rsit with tiie Agency; r . ; Agency' and Developer' execute the Crant' 2.;� ;the , Deed (Attachment'No. 4); 4 3. the tDeveloIp " advanced, to the 'Agency all u nds constituting the Purchase Price; r L•he'' A enc has acgd the iiBC haxeel described. i reof; , . + n section 203 he S the' Developer ahr'alL '.not be tin mat�ri al default': o£ .: thi s. Agreement 'and r` ahal I'; have , obtained bui lding permits' for the Deve].aper'Improvmenta= ' roof satisfactory to the 6. the Devalope rove°desproof- P. • .,,P _ . •� Agent that' the Developer `hays'. obtaiii6d a -:binding. . loan,,comniitn6rt,(for each iof%\construction and 4. take -out -'financing) for all of the'DevelonOlk ' ''Improvements;-1 ,� ° 0 + ,' •. •`ja co*iaitionaa 7. The Ve'Ve'loper eh'all have received' ,+ t .; use ,permit, for the Developer Improvement$ permitting. its use as'a condominium project, ' 8. The 'Developer providee . proof; of insuiance . ( such to' as certificatestof iris'rancn) ;tconforming Section 308 0. 91 and •, , '. 12/19/86. 3349k/2460/19 :r•y i'' f �< i+;.4 11,{�y it f.e�.?dl ,!t••.t �i `F +rl i �S'�rn yr *ir (ili4` r ��tr�',�+,t4�4;•fflpl�! f,.t�tZ�'�3.;�jy .!f 4l�=li1+ S3 r:t /.,11 (` t}n.1 7 r'4 'i1•t.rf 7 "t jii,, `yi, t ��w • ti' t trr� ( ti:GJr� ? ..��1 1 rr 4•t.'t- L1, y J t ` > ,�`' t"...33 d j� { 1 r ff L ,( 1 ♦, '1 t l t i (}, , ji, } %.�� i ,'' l !r{ ha'r,; Le i, lrf :c, t'/'�i ,.. r. r'.l t�. �(`Y f,?=�. •`i,Lfr It=j r�lMr '^�+f'C ,j, `.t+.r 4 •1: 1�.q..�. y fex•t'�1 1 �G ! '.�h j :11 i L'�`r?,11T/ tjqq(r i �r .>T* 1i:.1� (.,•:Si;�i� kit}j!,` Yl,itHt i Ja'�atr�r �,'t Jr: •tit t f: .j 't 1 ,^ri•rT ='� a.r •ri 1{ti ';r .a,� e: t �'Y% j4e ? 11 'i,X• L{•.�•it.�.),_r f it�;fr i}�.`ti`,j',nhhhh r. f•2. � �. r , U v. ; - t ,r� .1r ' YTt � 'f: �.,. ' -t1i�f 1 � • �I f t 1 7 S r( ".,lti>�JLt t r �•t �a.T�t r�)r. ',, 2q srx j. Cl' ,t ,,i, ' i. •1 #"rr /. .; -' „�ii +.e jl �; ,'', �.',f?y'1 trj•t;%,4r, •(t,ti<11 jt r�' �W 1� 1 1' {,•~rt y, ;�P` r.. t,;J'{iAit�3`�� (°r�'?].�ti., •: •;1 !'� .��. i �t!'lii.f.^i •ira�i,CF .1+}. t, :.{ ( l •�} 1i .1.r.1: t1..�Ifi,l+i ', J, i.��� /4i•tV �a�:git�%i l>';•�fi .��q�' 'S 3 is i' r'!� ';! t* 'c=+s, �,y �fr. tl ,.� 1 '•3/ 1.�}tirt t, "�� f � � r-� i F,r t.t'} - r�5' rr } '-' t � S ,t ta. e`�ir:.,.(e, •,1�f : tr•,'•.`/ty� 'i.'t,.�{ t*;'i.i�j 1�.:i i •ti t T rr:'7r li'SJ.�j�j�i � "� t i - , �Si R� (, •/i1 r I' f � � f it t i !}..t �. t'' x �fy) l/ .; `C.I,t :' � l tt •t 17 rr1 ' ,(� J..Z ,-,�! T,,L Sr1 �' �111 1 1 r �'l 1v S 1 ! r-• `. �t �I.Y�11 C ��} f.. 1li ii rr 1 ! 1, '7.. „ �+ ,fir 1 ;. " � I •,.f � 4y i `'l `Cr (S jt,fi, .•,1 r, +rrti lye 1 . !)tt�{�1 11 I�y,. f:t7 w�r >r''j��Y , � t to 1 t :���>Yf ti Y.S.; { x-'<� f •,li'� f u ' j+ tr/':rf � '7Y �( rsii,, It r �ht� 11. .1 it r ��1 , �1i {',Yt�rt +t�,l •r:."�F•:�1 1.; i , --: rrt '� � .1:. •. tr i.% ,. ,',� � c r �' �',� �- (`i ter F t k J7, r � � i �f�'''7� f ti.f,•- �' �i }jlr ? I �,.�rl:�l/�f ,, % 1,►. rt r, !, ��S,jr-� Fi ►S 'lY f C r �C_',,.^^.: �rlr y� 7T" ii c► r r ,f ,it c r •.+;; ti •:i: r' �! ,+ .?• L�••J I.; i � .r �.' :1 �1 1r , , � 1 I � r f (/i r. � ' tom. r 7 y': ♦ �' p[J� M+"Y'4J . v r 6 , .. -17 a t 0 The Cuur n. eas of J''hii H. Tillotson,— r.. and tacliinent No. 8) have'beeh duly Richard Jeffry (Attachment fr executed and ,delivar6d.to the Agency'and remain, ull f6rc effect. In f e rand effe. The foregoing items riumbered 1,to 91 incluaive, together constitute the "Conditions Precedent to the �Conveyarxe.j'i P. 19216) Zoning of ths' S i to' zoning of theSiteat the of.1 conveyancethereof, sba].,L�bb such as �to,p4rimiit'develornnent: of th&-�. Site and c6h:structi6n 61f -'thereon In hccoraance�I- with the Provisions of this A4'm reeant and ,the use, operation and maintenance 'of such imp r , ovements•. ixc ePt asprbvided`�i- ` n,§actlow'201 hereof, ' Dovelddz Ishall'be' res�6hsdAe.1or,,making.apqropr ap . ap the,, Cily!�*bf: HLi�tIngt"5n",te`,Pdh;. to': s.A't'i s"fy, pr v i. si,ons - qT" 0 ths�.;Calif6inial. Subdiv"'16sia"WMa, p ,Ab.6t, a inifii iitl 4 C connecti'6 n� I "ifie abandonment.ode I sectio'h"66416 ;'et' se 'a, of,'HarEC6'ril Street.! a, Td,.;7tj,4�j 'iin'd to BaIftify" "the requirements of pu'roucint. thereto appLicable with resPectoto the, development; ,of'the Site 'I I 1., 1'§3001 DEVELOPMENT OF THE SITE A. k;Iqj 13011 De'velopment'of"the"Site by Developer' �' "k.;, J3621 -,gcap a of Delie 10 Pment 7,6:,Sitei�1 ih,all.',be ,,dev eln opedopIiI i 4! L SCqbL06k1D0va opmint I i4hich, i,s att� Achdhereto asjAtti6hfi i't ' i' hui1ai1ni­f4t­r­ctures " , and aDndf,vapurihancesrelaiit iiVia` .,imp-OAgme .i1d-t`;faallipi .,"I-_-,­. `thatetolclUd.iii"t e,Scoe­q ;eeLopmen ,and to'ha 1 XE6tind cired bythbe $rivant"t,6 i6 vroviii6s',her of hall' 60n`Btitiit�`'tlie-ulpir.Ampravc6A Dive used,�pn th s.,Ajreement. fievi hA:ve., a .value, po'n,,c6mpletion � 'o�rov constru6ii`6`n;sofl6i,Les6than $7'096,320.1 In t" ' ha aesFenmade bythe. tax assessor oret,eventi'1y angs ount ' i .o�ltj pmp DeveloperImpovemantaorlethifi�,$,096-30, .-,T7 sha11l, ay an additionalamountto be deamed p" ai t ,u' rc-hase: Price. 04U b _,::1i aL to. of -thii;dirfGrenqe�, etwa'an'., e v 'luatio''n"iof''th Impre,vements, as de a 6 De�elope'r­;­ terli ned by tax'',amsessor arid` ,$,7',096,320.,Paymentenof - said additional "amount 'made shall.`be W'itfiin­15 da'y"s 'after receipt by Developerthe '' of ' ""taxP.. . -saId assessment. 9/ 3349k,/24,6'd/A'9' _14- TR i'l, I r, I r In. ,r',�' !f 1 4 ,a, } . +.1. 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'. r' ,+ 4;t {.ih'i r'. ,) j 1 11•� i! it *; :.r`i -•'s ., :Ill ,e .: ,f t.. ,kl.f � .•,Y�•t;'{ :, ,; , . ,..f. r'• �!t , 1� ,., 't. <. - .,, l.-%ri •an ,'� , ;-,. , ;+ '1;'� , .•,f:.. .•.fl; • .� t•. �i t'! 'stir ram- t ,',t, �,3';�_, ��. , ,...,.,,,. J. `,,• \.•::• .fl j: !•. 'r 1. r. .,. r ,� ',i .J :1 .r - ,.- _•,, ,.:,,•,. 1. si ,i� r,.lv.� 1,:i..i" IJ:L�WJr y y ,,! Y-•`,,,...tt •.'�' ,•t., i 1 _ { 11 a{ Fi.: .t,j. r '}.. :r•r '- .r,,t .. l- .� •Pi�. ,•F^fC {�. ,- • ,�, ;•1 '"`� :1 ' t �VS-� sd�i LS'� (• r 'f ,(it:t r�i•, r••.'J s' r{ a• - 're.r ^` '. +.1'. /3 `i)' {t u•- = xt+ 'aft•1'a....��..::.t..t.t..�.i.:......L>�'_i..aS.7)s�r�sauw.t.�ctl�•i.ii�.ut.itrrttira.s�'3�¢tica>t..alTnil ��rwwaefrsxt.ster�a�•-�,iaeraslictt'' i TIM, titr++4hii'id�`v`iYi� 1.4 ,i' ; : t7 +t(e�! 1 .( , • r F# q • t 1�, / f: �•rl `, �� Y if KG 'fry!, r'*rIts ,Lrt N�1i Nt '.. •• ' ,tiL?� tai, T ' r 1� + L1:. ,L i*•f ,t~, ' , t �tL- Ilt•� •. ,1`�� The Agency and the Developer agree that the •. 1 [`1 ` N i s 1 11F'' f,n• 1 �0 t • Agency shall have no responsibility for the aquis3ition and �r. r•1 r:t{, .ttt � ' •s1 ' i't11t construction of the Developer Improvements and shall be:r+; 4"`art'j! responsible solely for due diligence in cailsiny the abandonment of Hartford Street as further described in the Scope of r , � t• • t . t y Imp: ovements . . r ��i +% ? f11 s? + The Scope of Development shall include any piano and specifications submitted to Agency or the City (ast� ' G�•,t tSt �t4��1�� ,Ci applicable) fora roval . The Developer Improvements when const_,;,, r '� ,/ �r,l• •,,?£,,rr �'�,�,tr1 � f3 ,tNucted � r"�P P P shall conform to plans and specifications approved by the Agency and the t:ity and shall incorporate or show r yti compliance with all applicable mitigation measures. •�,1 f t t Sr •" '�� {,ti;,� �r'��L 'j i4 2. (§303 1 Design Concept Drawings `� •,�� ,A, ��, + By the respective times set forth therefor in the Schedule of Performance (Attachment ► o. 3).,, the Developer uhall �. }: ✓ < r t l �j•� '�< :z ,+, l,r r2 prepare and submit to the Agency for its approval Design Concept Drawings and related documents containing the overall t �,iY ;t��=r+ • x�� ��•+ , plan -for developmentof the Site in sufficient detail to enable �,t ;i3i`tf, �'t; f,;;:+.ti•�7Y,,yt the Agency to evaluate the proposal for conformity to the t � this Agreement. The Site ehal,l be developed as Jt,. , t ti� � ,,wt•.. �- requirements o� g ?� established in this Agreement and ,such documents except,,ae3 changes may be mutually`' agreed upon; between the Developer and+ the Agency. Any such changes shall•,,be within the limitations ' of th e Scope of Development (Attachment No. 5) . The submittal Y by the Developer shall conform to all applicable requirements 4� / `n,�'', �'�� ti` e` ' n' of the Redevelopment Plan, Title 9 of the Ordinances of the �'•� {t � �, t {+ . , . City of Huntington Beach and the Huntington Beach Municipal Cade. a Y 1 §304 j Construction Drawings and R_ ei-ted + Documents } !' By)the time. set .forth therefor inil the Schedule of or ;�,`;, ; Performance..(Attachment No„ 3), the Developer. shall prepare and `fit. �, :� r �•• r ._ f 4:ft`f �• f ! r�''t;i j submit to tha Agency and the Planning Commission of the City, f xtr 'r`1,; t 'ti related documents for all Develop er Im roveit►;•,aion maps and •:kxi construction drawings, • f r r r � r�I landscape Lan, subd • , y)t�i 4`` �t•�,> ments for review grid cons ru lx..lt,f,;.r,jrf wr tten ' o ' wi approval. Drawings and' sFeacifications shall be t` "' � � }•f i �`�'`�'t reviewed b the Planning Commission and other City departments th i:t' ticcordance with normal City processing procedures, as set forth in the Schedule of Performance (Attachment No. 3 ); such 'it'. tArk�ry�f e4az} t;� drawings and specifications ah�,.t:,1 �< ble k, � requirements -,of the Redevelopment conform'.to ail � applivaPlan, Title 9 'of the r' rhy ; Ordinances of the City of Huntington Beach and the Huntington' t•< k } 1 Beach. Municipal Code. 'Any items so submitted and approved in writing by the ,City. Planning Commission shall not be subject to S.•v f y a� + .' subsequent disapproval. fit!?i f ' "•'rr � 7tT An, A h'�;j;12/19/86 3349k/2460/19 • �fx `,.' : (:, { .:: ' Rt�1 •ti+,i� �'��f4��141_: •• r ,+:.J t :M:•;.l '' I ,F:1 aC 'r �' t r, It r�ira a1{,i'i�i`L;:'�.5 +� tt.r11 a'`1..f�Str:r n �j r.. I ;l'�r ! I.I'.;e 1 ,'�t:Jt�'�i tri l '�'T #• . {}�-,. p t ♦ e t�l-�:1;rf ,..err ty'w�,,'�, ttt,y+.•`.J4- �-�r i +i .:r,{ 4 ,� ,` �I-(.'r ;�1! r1��' ,,�,c `''i�:tr ts•�.tn fit, •�� r•rr;��,�;t'••r�') i �'�,{i,.r. r'���, •�'��ta, �` `! tr '+r.,., —�•tt �5 � ..y(�!/'( r. ,��ti, /t ,�; ��r'l?�., .., } .tom > � -t; 1 t �5.�+4': �jy 4.iL� o '' t t, •R J: t. ,, ',•)S , ��tri }.�"`•• z•' 1 i ,: Ir'+.;. �,1 .• r c:"• t7 .,•+ (l, t� ,:'* v `'.�:j t �•Y(i`�i+r 'li ' �`�itt• �x Z.#��{� y���'ft.ljf r �j•Ir t*Y4 y, � I ,• 5 t �� '/C{�• rll`� t, (-1'! 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'.;) "i -i '„t ..; r•.� , ., tj '.:.• - � 'i 1 '[i - :\ ,. tr y �. + .t6 'r/.r, .t.r' /1 i rt 1.1 •fir= .• YI `.t;1 �'. �77�:'r-„.. ,-•,,,n['`.;.` "'SS., � . ...', ,..:. �.'Ir-.i. - is .'7,}' ,• ���. :i' :r s } 'b � +: t '1 ,,r.,M.. t:a 1 y t. i-+ f•11, h„tr fi r / ►F / -Tv, f1lf is.:r�• it ki Si:.Lt�:'. r.:rSPa!;::1Sft.csc+gidwsaww.aw.•+.,r'ww.:.......e.u.•r. �-+.�..,r,�►,r•WM�%,alraa...�rr�rr(r.t� ^' l , r ISfr ♦ , � 'f ir'lrv. �� ��` �)t a{77�' ,�, 11; e,�, r".'; � � y*.•�j,'� -� ME )NY j' ,(' 1i 4•,a• r' e . + r+ j� , �, 1 ',, Cry '. �q'�' •: w' ty1 f ! ` J ,�. r ! �•:t `� r 1 i �: "'"t a. +; The landscaping and finish grading plans shall be `tea; �'y t�) M1`t��.s��y,4'lt� prepared by a professional landscape architect who may be the f ,''fZa,�?' =,l N. I }. k �5;��s{� t same firm as the Develo er s architect. y Y l'J•%'{liQ h,f 7 � jr r� Duri�lg the preparation of all drawings and lane 'ri y 1 staff of the City and the Developer shall hold recJular progress,; .;5Zf y ,k'i t #'- meetings to coordinate the preparation of, submission to, anti �+••-ri; ► d ; , f�.; t4 review of subdivision maps, drawings, plans and related documents b the City.The staff of. the City and the Developer "` (il �'i}�'• �� r�fi' , rC , y p 4, j~� f ~hall communicate and consult informal ly as frequently as is necessarf to insure that the formal submittal pf any documents t and speedy consideration. to the City can receive prompt p y ;T� 1 }•^Jiy!`X, 4't ;' If any revisions or corrections shall be required by the City Planning Commission o: any other official, agency, w J t3 %► � +! jY,y', ;,� department, division or bureau of the City of Huntington Beach i! ip F r••Y:"f# ' r ' ±4;1T ,E !i ' f having jurisdiction, the Developer and the Agency shall ��j cooperate to accommodate such requirements. r '� I�t�Y.• ti t�vr J t• rl , (§305] Approval of naps,_ Plans, Drawings, and 3 4- Related Documents µ 1 have the right -of ht':. t The Agency ,steal q 'of architectural �-+•'•' `� and planning review; ,of all plans and submissions including anyst3y changers therein. rrS Provid`ad that the -submissions by the Developer are made timely and ae complete, the Agency or the Planning Commission, as applicable,: shall approve or disapprove,the subdivision map, plans, drawings and ,related documenta•referr3d to in Sections 303 and 304 of this Agreement within the times established in the Schedule of Performance (Attachment No'. 3). Failure by the Agency;,to'ei.ther approve or disapprove within the times.estmblished in the Schedule of Performance (Attachment No.,3) shall be deemed an approval. Any disapproval shell state.in writing the reasons for disapproval. The Developer, upon receipt of a disapproval based upon powers reserved by the ,Agency or the'Planning -Commission hero�under,,rhall revise such portions and resubmit to the Agency and the•Planning Commission as soon,,'a's;possible after receipt of'the notice.of disapproval as provided in the Schedule of Performance (Attachment No. 3). If the Developer desires to make any,substantial changes in the construction plans after their approvA by the Agency or the Planning Commissicn, the Developer shall -'submit the proposed change to the Agency and the ,Planning Commission for its approval.' If the construction,plans, as modified -by the proposed change, 'conform to the rpquirements"df.'Section 305 of this.,;Agreement and the Scope of Development (AttacY,`lent .No. 5). the Agency and the Planning Commission shall approve the proposed change and notify the Developer in writing within'30 12/19/86 3349k/246e/19 -16- 5" W� �r 1 .,i' � r 1 1� T'-, .l ` '♦ T�•�►?tia i��r `t '�4 �� T� f'r-,<S �I Yli[r;� ��%Fil i} �7,'�';l �: s�'�r, }3 �} /Y '2 � S �: ,.� 'J r�I,�= /f�!�i•1>•�,:V ,Sr ".4}t'j: r � .'. ,t,rrrt�, yyL.�' •� i�l•�--ft�r _,��1� ''�,�j �.,,� 1 :tprx�*�afrl,._.j:J,�c �'.,t�(':i �Ylt � s t�l�. ��:,:'pTlrl i+ ;.jc /? ;i,r � t� r�1tttAy� �.��'s, �,,.-lfS.,l,••��a �i,�a yr �t•�'•1'is"�a�: + ZI''p1. •.-i; .i�.,'.✓sJ .r t,i1 �`�ii'1 t+L �::r�;}r}i�t,y".r• 1�."•%�, )�{ e,y� rY i`vf, tI•l/ �n4�� N S:�'i:w f! �..,r tu,�,,`` 'T�er7�y b�-alt, Q!�:r- ,yt�,�'til!►v�"zaf'�'t:;'`It) . s�••j`, .;� , ff��_ i C!:-� r..,�•, ,��l�i4i �����,,.�rr".r.'1fi�,�r��'. r7rlf'' �'Cf't � lr,,��,���, • yy f j� �j� � `l {�•t..j r ?r{J St�Jf'JC�t ti C' ,s{{ J'�•15 �S_J•v, a. �: } it+ :r 0r. ,.:. •1 , r '} �.) r`±'rr;4'r �� 1�_'{j 1 1;I� r t,�y�"iv1�,�.'r,: 7� ',"4 j'e.1�.YJ•� •J fl! yrl�a/.<,it'- ...!"may, 1 `♦ ,. /r •t. r• � :+� •• ..' .}} tT r•c Yti iiY y, •rTi' %,�` ,� f=' �i��1�Jf`.ti:4,',i�L+a i�t .1' �•-t'S�j''r.siiyilld u �'r.j .j �("?�` t�� J ;.Z `: i? rt (J I' }t� r ��r f r ri'j �h.:/„i•'�: �,. !• t � t'ti']•�i�..` L l,t;���l }''t.,, R�� '�'i� '%'. ;',�1<)' 1. u:if 1.i'7.: �f,r.�rf Y�,Ij�``i`�,�' (�t •:y,1i1, � I f r�f'`" rr aY� Yy fi rJ} �'r�i�,";''!fc',�Ita,).�,►`�f,��' "- ��h. 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SY'1� f� ., i It•, -C,. tit t. C' �� �` t +, IS 1q 11,i rt ai.? y I!r• J1, ':I .1 ,r'r1�. •ra > Itti,, i.' l 11 ,,! a +1}i 9 r� I } I {c., . is t} q Y.{{�-, c' ti , I / , 1t H 1f q �, 1 r 1 1 r ,i/ �; �: •:i1 :I ; • ,� :. I`�pp i ,yY i 'r '•' E .'• - r s 1 , -'t : -`�� \. ,l i .,r �1.6 T' ".S1': :11 T t •.r:. 'i�.: '_�`" '(R x•:. ,r _" rt:.I..:e' , .,.,,... ;'2r .t ,.,: ! ,..'. ',II } i"t/ c}f r •.l .r jy., t Y. _"rl Y 4 i�. �••} tf i �,. }.. i:r 7 1, fjJ: t IJS'!! :° S C' -r > A W. (i "' k :.. ,. jJ' •-,r" ,....;f. .. 5�:rf, •,.',. ,;ii: r'r I� .r. I o-II 'r ,tom.. t' ;;: rt,.. ,J „,..,; �, {. ,,i .. - , , ... ' .. '). A�':•T. :1•` t . •'3: ,, Y.w;.. ct�l. ri• .'rram,�..,,,, ��yi,' .l . rr^ L ` -t....Srt i�.►.s,. �7l .. 7- '+ •, I'r ',•J'V% i:.,,I:. to r+l. 't :C.- I• -i "4t F -i y�. ..1 Y- rf �`,. , i } y, i 1.-S,,l y.,_ -[;.t1 •«....•n'ili�CJti]!r' 1,41t, i,�IIYr1:r'c�t<'H^r..rr,tM`tUU.,7L�S'1•'II-X. f, a.aII'°, .1aoa c,- . ,ytL ? . . it: rlt^.M1r���' ,1` i t ^,'}' . •�' =.; yt?*Y, ...::..�.L..,t_ '..�"t.:'t].i�a...,..r.:'o:L` ..ty'��� 'sr. w�a.s..+wltiiW...wAdFliraiiii ?' .i !�". n'J'�' , u'L 'jy T ( 'i �� f(J` iti},;'�:Uy ,• AAlt } t `'� i1;-"5 "A J �• ;.ire r 'r•; %".!' 4 tli � rY j y � O ;^{/j t3 tL x• {fir w }1 W 4 "1/2l r, t ,f t '" 3'1 �' r ". }, itf., f *'' 171�µ "'t A. ti a i t -h I a J . i,, 1 r tY r fG i f i. I.%;�r` rti,,,, ;; ,'' tc' 6n� days after submission to.) the Agency. Such change in ' • i T .�.r r ~' 'I ' - k . �. I + t°. ` construction Tans shall in an @vent be deened approved by 1.. ' ;- Wh Ii t P t Y �� - t 3� x a.A, ` ti, itl•4 7�y � JA4.-,'•'?tl P, the Agency unless rejer»ted, in who?e or in part, by written , :` (••; �� `# i J t % Irl, notice thereof by the Ae�@ncy to the Developer, sitting forth ' X , ,.tr� r' •4r '"fl t i� = H r' ", 4 � t'i,}, t'�(the reasons therefor, , and such re je[;ticn shall be trade ` lithin r `� ' , ,-'r `:` ." �..; 42 I r , } said 30� day period . Y, .t 1,' +► ,,,{y,,�, T i ,y ( ,,r 'y:;rf r' ! trt'�' f F,;',;i r; Y S . (§306 ] Cast of Conststfction ii t"1' : r1• iy'� hrF j .I :F)y rr -} S' { trim i �... ,� 4 },,y, r1:t", I r,",,�};,�rOt�%}r� �' TYte cost of developing tl� Site and constructing ,{=t't� , t�+(. ;'_ R r ► ' r ) all Devc�'_oper ImprovemenL•s thereon sila 1 bs borne by the ? i1 turf y . � et- ,, '`447 l �T � Develops► • �:. t► +� �: :•t� '• • r\[�e! 7 ..t (r (' I�i' t°' �iti'� 4r1 1 r '� I 1.1 •� 1� S : - `ice, 1 r k:t }�r►i ;,Fr�1' 1 r?1 ` ,'; 6. (§307 ] Construction Schedulr~ t {' , tr ,� 1k14 j. .s, 'j i s t, �, JI t . # r`a �21I j. , �� `` t� tit, { ,r} After the Coltveyance, the Developer shall �..,, t 1 t�' ,. 1 > -1" '� Yi ,.,... ;� prGmptly begin and thereafter dili antl i' t ` g Y Prosecute L•o 1, tr !,s_'- i,r{" ` .f �! completion the construction Jf the Developer Improv@m@nt and 4 r� 4 f� �I`". 1 ':si 'r Y`` the levelopment of the Site. The Developer shall begin and I. '• 1r, -'O;J; ,t.+- rJ, ,, complete all construction and development within the' -times -�L`i f;�µ��•N' il,t' '� specified in. the Schedule of Perform(Attachment No. 3) , t , (� �y S'.. Rb t .f ;,J• is ,r I iY, It•Cj i• 3 r`.,7;I ��I., i r 1 T[f'iy",1;. '.i •�• 1 _` F" 7 ( •Y �8 d r'tt:' . r �: i•,S `+3-( ,r ,r j Bo 3.1�Injury and Propezt� Datna ! " . r;rys`t4i,{ Ii _1 ", > :') Insurance a I. 'tt It y y41 ':h}t _ .A �1 ' . ,';t The Deg►eloper shall def@ad, AtlSLlm@:" al l $ �� .. �4. ' , ` ' ', reanonsib li Y s, .}*tip �`" y�rf`% ofsicNra andtempluyees, liarml�`eAfrumy all claYmity, ='its} ,k r ,, I, -,. V , J t. iI s or: su_r,s. Zo.: , . .r {(. iri*f - =°r ? and damages to, praperty and injuries to persons, including, it ti,' , i ° ,�u )j. 'i_ accidental death (including 'a`rtorne s' fees and costs), which ." -' lA- , 7_,.,t., tr, may be caused by any of the Develo ez"s activities �uncier this G J r ,vr n 1 r, ,.,,I,. �� .; P Y y r= V;,I->;'ft�;�,t.� -, r,' Agreement, whether such activities or' performance thereof be by t. "+ F- r•� Il -q 4 , - +;hQ D@veloper or anyone di rQJctly or indirectly erttploj►ed or ° .`' f , L• 't' k+� t 11i {I I•%1t[:�A tit 1+,r1 t contracted w.h by the Developer Qad whe�:her such. damage; shall �1 ` ' _'� , ` r; accrue or be discovered betare or after tertninatian of this 11 „� '=;,�'N, .• 'Ill �`l ," Agreement. The" Develop@r shall acquire and maintain daring tine l , . tI ' �' r "`r%t (.ir iT(Ilt��r,* life of this Agreement, a comprehensive Aiability policy ir. the 'y�,•, ;' yj;,?i,,w.; amount of Twa N,illion'`Dollars ($2 000 00) L' °., �,�.ty�,1+R.�,��}+J, t limit policy, inclu'ciina' contractual liabilitym(part single .. . •,k lG�,,.'t, c, covers @ ma b of which.. , . , • y,-,� �,r,�3'-ay"-(,,, • 9, Y e provided "by umbrella policies), as sha.1l k' a`r f .,I damages. � u,,a%1;,',(;I protect the Developer, thee' City and Agency from claims for such. ' ' ", y, .� s.161 rye ; .. , .i CVt]ii 'kgqR1;55 if t R�,j 1. .. I. •L �, i_s< III 1.4 ,"i-.°"j The Developer shall furnish s certificate of r , s I jRjrj�y$. X., , 1..,,Ei--, ;O%, insurance countersigned by an authorized agent of the insurance �I '• „r tvd,J� 1;j; carrier on a fare of the .insurance carrierettir.` •j" ,,,. 9 forth the t . �, ,,� general provisions of the insurance coverage. This �r'�, t,';, itS°,�4 ;"lid. ,t countersigned certificate shall name the City and the Agency 'It '�( ,ys:{ and their respective offices, agents, and employees as }f' 0 �Wr ' t��' additional insureds3 under the policy. The certificate by the =• 4,� i �r 4•1. IN insurance carrier shall contain a statement , of obligata.on l on " �;r ��.1 `''`' �I.1 the part of the carrier to not.i£ Cit and the A ens of an - z, e , tb �, •{, Y Y 9 Y Y r a h�,� !" y gr ' t t��r. , Sr F� t r, �YL� + a �•�i, t .MI ti J 'tit • t f" y l ti I }' i lY { K -�:. ,( 'r'ram�`` I)t p `F ,V. �s f �` tt I*, . .. { r tt sJ�� 'fI l2/19/a6 $1 4,YJ • i .� ; 1; JK' 3349k/2460/19 -17- I' , 1. `, ,. , t ,,. '4 r It I i� t `I '¢yF: s+ r :, . ] ti - , . t ':. _,„ `•il Jyr Pft't J t "' , J T }r r+` :,I. - .,.� .f. t I .,5 •1. ! J.•:: , a y ..}rt`' r/♦ t J G:Z,. Y .t.- } '. t s' :, t ft t, N T .! ..ti 5i 1, r . tI; 1Y. 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Collerage !� = �' .i r ; t-, .•-! � provided hereunder by the Developer shall btiZ primary insurance '-t -� �`�•t�. rc,and not contributing with any insurance mai�itained by 'the and thepolicyshall c;3ntaiti such an ! a1 J Agency or City, j endorsement. The insurance policy or the ee rtificats of ; i)t}Ir - # �; �`; i,r `r insurance shall contain a waiver of subrogation £or. *he benefit �� o£ the City and the Agency. The required certificate shall ba"`� s !► r i'cr t %;:. �7 '�� ' kt furnished by the Developer at the time set flyrth therefor in F 1 1' the Schedule of Performance (Attachment No. . ' . W• i� r �-r ,, The Developer shall also furnii'rh or cause tc, `be Agency evidence satisfactoryI to the Agency furnished to the Ag Y 1r �f. tJ j an contractor with whom it ha3 contracted for the it�,. , . that y �� �' •;� �''{ r _ .; perfirmance of work on the Site or otherwise j�ursuart t0 this z}: Agreement carries workers' compensation insurjtnce as required r i.S,:i.M t....; by law. The obligations set forth in th•ts Section shall - r ♦,; , :�� �rz ` !! "remain in effect onl until „a final Certlficati,3 of Completion , rx �,K i►'''if t,� ! : 7 ,I r � ' has been furnished far all. of the Developer Improvements as 322 of 'this Agre J��:''``''''}j 1 `` Hereafter provided in Secticn ement. tl bt t ! + 1§3091 City and Other Governmental A enPermito - 'V z, i►i '' .�y' t of construe" o Before commencementi� development of the Developer Improvements or other works of i �� t 1,r, . improvement ' upan the Site, the Developer shall, at its, own r f t s;;.. r�{ expense, secure or cause to be secured,any and all,:permits ��hich may be required ,by the. City or any other governmental w development or work. The , y+Iufl agency affected by such. construction, Agency will, �dithout obligation to incur liability or expense" �a therefor, use i*.n.-best effort a to' expedite issuance of permits pertaining to the 'Developer Improvements. ` 9. (§310 J Rights of Access ' s� ' For tine purpose of assuring compliance' with this j yet t:+' Agreement; representatives of the Agenc�►'.and' the City shall , ��. Cite, without charges or fees, t� !' j have the right` of acces;r.' to the . .:: at.normal construction hours during the, period"of conwtruction �.i for the purposes of this Agreement, including, but not limited to tiiQ inspection of the work being performed in coaetructing .k 3 !" the ' improvements, so: long as they comply with all safety rules.: Such representatives of the Agency or of the.Ci.t:y shall be those who,, are so identified in writing by the Executive. `= Director of the Agency. The Agency shall hold the Develapar }'Y tds &' f' harmless from any bodily injury or related damages Arieing out �. of the activities of the Agency and the City as referred to in y this Section 310. - � •- tit f•„r `.#. -.�. 12/19/86 3349k/2460/19 r, 3\ 7 tlir r- ,• !' , i=!t ! ti ,./ . ,. ! f �Y _ ..� r '�'p . 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E_� {f'^ .i 1' �'+� Jtrj• f. - y'i :1 ' 5,: 3'r!{, �,tY,: '1 'y tl, WA • '�('� .. fi.,. �F Li 21 ; t— .. ;fir, ! jl-'•,�,. ,�� rJ� i a :: .'Y'r.1' .,ST ��, f�';j. _ =,+ti.�_ f�_, t`.i4 i � {, ���'�i�' T�-. at,* 't -+ .J` '„ , i 1 is r �� `J {•d.t fir ^r4�l�r }it�. it-•+ «.,. , . �! s:'t''.. i-. • , . - t r fi l� f ! r .t,,•'F... r.../1 ;t:?t , -}!..• ..: 1.-;.. .•.f, t 'Y:' il� ,a - �.t�.. _t ,l�„' { tJ 't,. :£��, ,, r�!'! �•\�$ '%- �3 5. �,. , �} '':, :Y• F. }`:�i '�,�,•:l�ya}„ ,-t: ;1 't' ,art.. `, r•,... 5 ! ' "C- 1 f; t — �. ,. a. tl t. 'i3; }t :f".. - T r►'r 1`•,�t 11A Y_ C, R.A t� r } r- ii t, r,- %}art , y�{t itY/`: •'',/., rr . ,.t •:!` r 'r.,.rl•. .,..;: (` .,�.. t /I tt i 71, + 5 .. r tr' •..; :.. �I- ;fi. Cdi, i ��'. 11'. ..;',' - •._ 1.:. : 1' ,� t �t - - 'd ``•lr i •% i '{ `;'► -r�. �.i t7...•.. �r.:r,�` i�t. •. ��':_ .-, .... .�� Tl '! 'i:.i' -!pi r tr � .f�f>. ,-�•, ,(�'�'' fit- t• „ <$.. ,;j'jj/�.�'Ir "r',"#` Jrr. A• ! {` ;(, tyt'-rf . f•J•, -tl� k r''7.!'L!., •,. Lr�..:,. ,.;al.. r:.. �)• .' " - j ,4I •5 . •i, ,.-.+f. 1 `..•i, r x• r1, t! `,}, - ,� r� •-i4 ,r t.;; �, .r :. i I ! '1. '< •}_• Y i• !} z ti %Z�7 ., ,•'. .�i .,� 'rlI ...�, .. L_.� t; ..r -.:' �p• ��'• '.r"hi.;{;.:};J f S _ _ +ti`�3.', It _ - t y� r WT•i,, . i•� �•'1, ���, 7, ':,:,i ���•Ay ri' �:;-�17,�Z 't _ i' �� •I , • r� °y -, 1 -'� , • it 7a.ii I°r• 1 �i 'L' F �t, `.7It I;:.IY:�' ,i. .r. •' a. . r{ y, d4} •�, to � ci _ .�T Yt� P `� I�Q' '`r::� -Y r K 1�"'�.►.(AC rt? t F. 1, �itrayt. s►�> ' L•Lit::.dIYaBMi' rcd.nv s,.:d"J� ... ,rt — � ::ik7%x .l i ` 4 t�,k� �',1`a lrr�Sr 4•�; Y R,►vA' �*ZC�sli t`r � { ttF�'r� {,SIrL� �1yk L� r t � �r!� t Z• t t r J 1 r•{!' Y w The Developer and the Agency agree to cooperate � ill placing and maintaining on the Sitt. cane si i� r+ '� ran ective roles o� gn Indicatin:.T the n`li',�y�t �LF; the Developer and thy. Agency in the •q{��, �;;r S .a , , �.r � r development of the Site. The cost of the b!-yn shall be borne solely by the Developer. Y. [ §311 j Local State and Federal Law,; • �f, •; ,� �,� The Developer shall carry out tote construction of the; improvements in conformity wit), jtll Applicable laws inctuding all applicable federal and st:rI' atQ labor stattUards ann •.,•.� r 1Y �,, •�. r ;L'? �,t, environmental laws, provided, however, Developer and its d,contractors successors, assigns, transferees and lessees are � g t {;' '' ` ii " not waiving their rights to contest any such laws, rules or 1 1 � t.l standards. f1 K, ctt it, 7 t Jfll•�S �t� �'��i-'�(� ' j' ITS r; ���5•T: ��� T,/r; �j,;��'=,� rep £ t`�I•. Z1. [ §sit) Antidiscrimination During —Construction 41'!i1e Developer, for itself and its successors and assigns, agrer.jr,that In the construction of tile, improvemonts j provided for 'in this Agreement, the Developer will not ' C• ri r Ylr'.rlt' a1 U discriminate against any employee or applicant for employment because of -race, color, creed, religion, age, sex, marital t�1. Status, handicap,national origin or ancestry. Po • 'r� ` C [ § __LEncumbrances and r :i ells B . 313 j Taxes, AssAssme is n �+ ti J` �� 4�✓'' The Developer shall a when due al P pay 1 ad valorem taxes and assessments.on the Site and levied subsequent to a conveyanca of title to the Site. Prior to issuance of a r �� j'L'} �Of;> Ire I�!"•r�J ,` �: t•, ,-{!' 1r1�, Ali Certificate of Completion pursuant to Section 322, the yp� Developer shall not � • � �' -: ��'r. � , `�,�,�,.� �, place or allow to be placed on tha Site o: any par.. thereof any mortgage, trust deed, encumbrance )r lien other i,han as expressly allowed b this Are - F Y . rLsb Y Agreement. The— P remove or have removed. any levy or attachment '``•1 I� i,- madeloneany��oflthe S3-' •or an ?tz, , y y part thereof, or assure the satisfaction thereof' tiithin a reasonable time but in an event prior to a sale -,thereunder, Nothing herein contained `sh '• '•Y4 '.. wr tad,.; deemed'`to prohibit t:Aa Developer from contesting +- all be J� g ..he validity j 1 or amounts of any tax assessm-ent, encumbrance or lien, nor to limit the 'reruedi.es available to the -Developer in respect: ' thereto. . • `Yr��: §314j C . ; ( Prohibition: Against Transfer of the site , ,4{`'. the Develoyrcverr•ents Thereon and i:.} Assignment of Agreement , i,w tr Prior to ;the issuance by appropriate the a "dua thrir3a�te governmental t ty, of a Certificate= of completion (pursuant to P Improvement 22 of this Agreement) as to any`Developer !r s, the Developer shall not, except as permitted by, �1.. trri.s Acjreemn'nt,, without prior approval of the Agency, ry'a make any, •: 12/19 86 3349k/24EC/19 -19- 'IS.,r �n!'i:tY�I}Jr J,;r'���,rtriy •:�J�} ��;;� 17� ���/T� � �,� �t 1 �t/: �} Y+L 'iJ:' '.r i 1' . , - , Y/ ti � ;, ti ,!• � i r F t - 4 . �f + t 1 ;j !' ,'. , `• , i .t'•. { 1. z L.tl ! r..,• 1 M�fT�fIN7 r v'''� t''�tt ?f •,f 4y. 4.��;t :Yri; •` {. fit' ' Ya; ''.L f r{ ! �, 3/ii l!r!i��l `� ♦1 7 c.Y4} -t`«'. 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' t ; ` is Ila+x T rj 1.k'• t i ` Improvements on t%e Site/ P other than as ex ressl contemplated I t r C� t Sir +„ P ' �, a .�7.�� �• • 11 t►�i;4 ter„i 7i < ►.E ',t' herein. This prohibition shall not be deemed to prevent the i; granting of temporary or parinanent easements or permitstn �k��,�`� � s '�fi`�`�� j• , 7 ! 'h' •j ' T471 i'.l�l..'•'r.- r•' •�.(I,K 41v1 a�`; ... 1•' r tt!','fj, 6 3t1 i iaci 1, Late the development of the Site or to pzYrt, tf Y t, , • , rohibit or i• e fi,fr4•t,S( ,1 �v' (� , .ji'it �t {/ jr �S �i ♦'clltrrtT v �'� �« �'�n'.-� �' restrict the leasing or sale of any part or parts of the x t . , �;;4, Developer Improvements for occupancy for a term commencing upon`fi completion. J Y+yJ • a TQ t ? l t !•C+ .� , r. jv,t ,! _.,0 tt .'pry♦ l '�j'• f ? .1 , . i a+; L �•'�Z7T i 1 t' , �' � ,- r ^^�, - •(.-�,J^: =�a- rr,� 1 � { � i t' t' a !' rF 3�% •, i,ls „Y :�, .. rx }}.'}�., 'Y4t D. [ §315 ] Mortgage, Deed of Trust, Sale and Lease -Back tt l� �;Y�»i1,s '~ Financing= Rights of Holders t' +li" ,, rl r r i t iC... t ..J y-i'k9 ! 11>✓' v ttl. �, t t :.�� � '�,jr"�.px } , 11 ,t �, j � '.i � 7�Y.,i °',f•�"�liP���?J p +� ' .' i; 1. (§316] No Encumbrances Except Mortgages, Deeds of Trust, or Sale and Lease -Back for i rY ,• 'f1''Clgt� -. :�;a t �r, '�'� Y+J,�.` ,� ,:. ? t Development i f ..<•�. RTv F�"•.: y�rrj ' j`{+f1A i, !'�'.'� Mortgages, deeds of trust tend sales and - -` leases -back are to be permitted before completion of the <_t,►`'f� Ili'r" ,i"� construction of the improvements, but only for the purpose of securing loans of funds to be used for financing the •1 , ,�. :,�"t`1,:, ,,�i4 ' � acquisition of the Site, the construction of 'improvements on �,,{ �, l� ",'' '� the Site and an other pun osee, necessar and .3 ro riate in t �� ,. Y P Y PP P connection with development under"this Agreement. The 's Developer shall notify, Agency in advance of, 'an mortga Y. Y g�' . deed of trust or sale and lease -back financing if there .� .� , ~�i ?� �Yr♦fr, DhePconHtrPctioneo£tthenDevelointo erIm rovementsonctheletion of sftt r { t, _'Improvements The words "mortgage" and n:crust' P - Site. rrdeed as usad h3reinafter shall car { i „ lease -back. ThE Developer shall not enter5. t include sale and j' 'ht ` }' nt:o any suck conveyance' for financing without the prior tr written approval of the Agency, which approval Agency agrees to give if any such conveyance for financing is given'to a , p 3 ,rrr res onsible-,financial or lending institution or other, , acceptable person or entl.i.y and sui.h lender shall be deemed ' < Y t• f r V approved unless rejected in writing by the Agency within = f�`�•+US `}�tjj�' 'fifteen (15) days after notice thereof is given to the Agency. r' J, 1,4 2. [ §317] Holder Not Obligated to Construct Improvements •, The ;older of any mortgage, or, deedl!of trust Taiithorirc8d by this Agreement shall not -be obligated by the , p g .ct or , complete the �'; improvements orrita A guarantee suchoconst1 ; P y gu y M P ,tion; is ,r ruction or com le T is' nor shall:an covenant or an cthe_ provision in the deed':for rtr�, the Site be construed so to obligate such holder. Nothing in' s' 3i a;>�:►fit this Agreement shall be deemed to construe, permit or authorize • Jr •� `�';; any such holder to devote the Site to any uses or to construct t; •` i' j )`> altly improvements thereon, other than those uses or improvements ,fir' 1 ,>�•fk provided for or,`,authorized by this Agreement.LX *, :� � .trl ,..r:/+ y6?�,•y:,,, .. . ,' ,tin' i ^, :1 t .�C/ '''.. • . '���4'li'7J1Ar� I _ •Yi.e.- 1r.�.. � �. 12/19/86t���.r ' 33491c/2460/19 -20- ir,R� I vn�t, Yf Yr' a j 17, ,'0 , u �l:l •, � 1, ' •`f »i, f.:, r a ! 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F7 r'It�� {.••�t ' 1'j�rsX{r7� '• �� �f yI'' l ' , � , � r'�•;fi r� 'Y�,! •. gj�77�. �,�llr• 1 t /} i •r JW r A' Y41 r � fr .r r *5 AA r •F � A.w. ., ! r( r,f•s�1j•} 4 ; in r ,, •�. i , ! :tit, y tr 1, r,,r4t It (� ,,'• `�sr ,r s 3• (§314J Notice of Default to MortgagCe or -Deed of Trust Holuers_Right to Cure With .1 espect to any mortgage or dead of trltst granted by Developer as provided berein, whenever the Agency shall deli��ar arty. notice or demand to Developer with respect to any breach or default by the Developer in completion of construction or the improvements, the Agency shall at the game time deliver to each holder of record of any mortgage or deed of trust authorized by this hgreement a copy of such notice or demand. Each such holder shall (insofar' as the rights of the Agency are concerned) have the right, at its option, within thirty (30) days after the receipt of the notice, to cure or remedy or commence to cure or remedy any such default. and to add the coat `thereof to the mortgage debt and the lien of its mortgage. Nothing contained in this Agreement shall be deemed to permit or authorize such holder to undertake or continue the construction or completion of the Developer Improvements (beyond the extent necessary to conserve or protect the Aeveloper Improvements or rronstxuction already made) without first having expressly assumed the Developer's"obligations to the Agency by written agreement satisfactory to the Agency. The holder, in that event, must agree to complete, in the mannar provided'in this Agreement, tha Developer Improvements to which the liet;,or,hitle of such holder relates, and submit evidence satisfactory to the Fgency that it has the qualifications and financial responsibility necessary to perform such obligations. Any 3ach holder properly completing such Developer Improvements shall be entitled, upon compliance with the requirements of Section 222 o£'this Agreement, to a. Certificate of Completion (as therein de -lined). 4. (§3191 £IX'ilure of Holder to Complete Develo er Improvements In an,► case where, thirty (30) days after default key the Developer in cumplatiotz of construction of, Developer• Improvements under this Agreement, the holder of any mortgage or deed'o£ trust creating a lien or encumbrance upon the Site or any'part thereof has not 'exercised the option to construct. or if,it has exercised the'toption and has not proceeded diligently with, construction, the Agency, may purcYiasn the mortgage or`deed of trust by payment to the holder of the amount of the unpaid mortgage or deed of trust debt, including principal and interest and all other 'sums secured by the mortgage or deed of trust. If the ownership of "_he Site or any pest thereof has vested in the holder, the Agency, if it so desires, shall Le entitled,tc a conveyance from thg holder to the Agency upon payment to'the holder of an amount equal to the sum of the following: } '12/19/86 3349k/2450/19 •21- u.rc..»..•w.�. .afcM�RR...e-wnttl4l'9� p • ,.y3 r , ,... ,'r .'•,r...,1 t ,.+s C ." ! h I'i. c ,.+ r/ t,.1. r J n-,• 1 +Yj , }Is 1SP I' ,.C.j;; : ,,;''��>.�jj1 Y .}, {r �� 1. },r�f� -J.!{ ,%''' 1 } :t7w+.. lt. 11 '' :,r •,., ( A �,r':: ,�'•i � s..'r 7 !7� t� \. ii � `Nr 31����: ;a1'='���)� y+l cc r!f 1 ♦ t ii. , 1� '�' �� )' '. , a 2r r +t ' + 1 .i 1 �t � Y� ^ f• }r y. ,,} J ft t':�r r�lt' 1'r tiy�r�c 1>wy�'.''tt `�{<r'S y1•� i +}Lc s r�• a i r :. r { � r . r 1 i 1 1 , � �� �: , Yi r , P t, ; .1 t �s, / 4tl',i � 1 ., ;;'ti s Y�';.1y1 +SS't1{f }1 ., lr ! 1 , /y r� ♦ + + iri +i t"1 .r i :'I i "trl 1 Iv1{f/ YLZt f,� x,J+r aJ r, sif ��ly1. fq,Y.,r• 'iF4 t f:F �1,-7.1•{'( '1' t l.�It � ''15 r ,? 1 r.1r r1+, Tr� f } ll %y l• lrlk )A rj , �rl,��w �jr•/ S..L �.J }f i-�`i ri} �' lL� G r. .-r 11 •" -s• a�: Y i :. + ,�, 1, 1 ), .1�, 1 I 1 ,. a � i tr •j t V �� y.t/, rr : '.•;•. �� '+ +� 1t"f'�i�i� �l�ly�♦q� !y �ttr : V t �•� •, •!� Yam, � t, !� 1 .� ���r " � �`� `�'1 ' r�)� ',�kr.+.r �� .ir, �y ,�stic �'. . j "%t'.:r .7l r j'•SJ i:, 1, t ij 't�•r1 i y K �, + v L t ` + : r , i f �r• �. ty y� rr��.iGtl�r'•al' � ^T`,1♦1 f)t at :l: - , n. >� !t%,{".S. l r ♦ .i„r f:j fi. f r i 'T�1 { - ) t l., i i'+ �! �.♦ �l :.f, . 1'��!' .rii( �� '" ,..f� �• i t Z, 1r s J f tt, �'s , It ,; •Y tir, ' r^v) t) iffy � Y' A �ff '• t! �i J ,. f f r -.• {'r7 t -f •c''�r�• •�r�r •• arl 'L � `{,� I 4j. ,aei'••<xi,• f�J N 7� 1 � � � 7�+YY�r� %,.:s� .' {;, )' ♦'..r i'R� r � r'ii. f l � 1 :;t} f -.� f, ,i t 1 !'rf�11r, •.ti.7r.:11 n��"'xy 1 ''�1 'T �S ti t i+l;;�;;�t ti�?S w{ ' � i ,7/1 1"• *� -?F �f j' li 'Ai' � �" J v� t ! � w• + c.::+ I ^ rJiJ...•,i a)) r r ti 1•� C ,! n r� J ,} � + P t J, .r r < ,( �� r ' ��'f � , r • f � 4 SeL r} !f Sy.f, r , UiW twa (� 7 iI! t .1 7 p i .'t I1 � '13 1. { %f,y"y, �,.^�%1 �i�•]J t fl )r v}M%y4 l�'r rt \'}r :J .. c•1'j. 7i•rr. =:y rr!( ,) ;1`iir r> T4 ?. / I[�•1,�, r �j j � i1 }1:� •�1'�Y ���N' 1p%�I�)r. ,,`,, c.. r4i ItIr t'S �I.ti 4 � it ill' ♦1 c[``!1 l+l {ir:Ai 1 +r h� 1.!'1, ) '5 . ! r rj•f err r ] ['•rl� �Y i rX'lf• r,;�yr�11t I tF'f.)� �� �l.T }�i 1, el - i / l'�_ 1 .I".� (1, , :T r tr '}t "1 ♦f 1%Ai-}� ST l 1 <,., F{„µ � �y ')j� S �•�F':r}'itY y r j'�_�L� t/ �,'.,icS T.J� Lf i s L' / t .• t ,�I�r f 'tllc \r3`{`r ..t'• "✓'�(.;� i:'+}j ;t. 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Ili r s ,i'iri"llwj„ t r,�j •1:'1'nii i }y ��, r r. .`i .r., ..{. ... ,.,,,. .. ..,... . ,,.. ti ,'.'., i°r: t ..,�, , � r. ,.. }}..iTi i.,j. •#1. j�� �,lllti,.;• .. ,,. .,..�y'Sfa .., ., ,, :. ,_",. ,. ., ..:'. .. r. ., 7'.{ _ , ,) E .t �r 1. E..,i r _r , 7r►'. �L,,.1-. _.. :, ., ,. ...�,1 ,: . z.. ,. Y .. , .;''' '' ,F. •t ti .c J /.;` *t it 6- .j 1. , r i ++h r, • �" .,;1 .: .r� „,_., ;.,.,. ,1: .,: t"- it: ar, ',fl t; rl �.! , JE ./ ,�1 t r. 1, •[r*"s• �++ �` r:`.s ,,Sze' a.�r ,;.•.., (- ., +,. ,. ,+.y{ )r :. '. r � `t-ii� :3trl ri ;{kx ra„ .v w.,. r.:�1J'..,. �...,,:.: r,,§ .. a,-.''-.,4.ri i1J.. : .,- _ '�� !r,✓:' f"1 y4.+ ",[: fir. 1 x l +rd:*,t.r.• •tstJ � •;' t ::� .� '� Jr "i is 1 . J r , i ! r• .y� wy i ,... ,�_ �L+ ..:-:,,. :.- .,., •.,_,,..;, ,.. ,, i.:',. '� ', r o L,r r ..�. 1 r ;t•,a.../ i IYZ•_i.1. Jp}fy�14 :-I•'° i r [r`.�r.'r••..'....� _. y,_., .,... r + %�•' 11 �' .M,a, J .Ita•fq (�A. .+ i.}7„ ��nl .t',�if{:F�/{� ';�» ir�'I�"�Wi%a_3ii�:Sili� "."_ i 1WYiA'mAL ii�[t..Y.Lr!C�:. �•'�",Ci.}IdIS3iL 1 '�--'.. `�It ,Nl.�i"{�i.+. .i u1M- x r �� a Sra`.ti`-an■ iY•iSi�. .�iiilalYtL�\..� Lr,.w .11', f 1 ��. � • xx,tk .; v j-7 + J *'�, �ir.�r' + t t t I•.� x + i'rt l�+'l , + �:.I s�, �,!' � !I ?'7 y }' "li�r�tY; t�. }X.,? � ` °�K+;�:1�7r�iw C tj}ia,- i', '• 1}�/r tt;7�Z7�ir'�t rc r r� `., The unpaid mortgage' ar deed of trust debt at a, ►, P I- k�, • ��, �� i •: the time title became vested in the holder , less call n ro piste credits,including 'fit^, �; those resulting from collection and ` s� application of rentals and other income,,, IJ �r1rY:: received rlf.aring foreclosure proceedings)] �*, •!! q74­ �r+ s+ 4 ri 1 41 ' b. All expenses with respect to foreclosure; }S ;�r14t C. The net expense, if any ( exclusive ofA�` �i'r i�Y';J goner I. overhead) , incurred by the holder as 14 a direct result of the subsequent management • i t of the Site or part thereof t-' , , �� �`�,, t %i!i •tl 1 t:• 1 '-« J!:'Y t yt« d The costs of any improvements made by such holder; and e . An amount equivalent to tbet interest that would have accrued on the aggregate of such ...... .+k-",r ( amoulats had all such amountB become part of ' +^ rY'a� T rip lrt `•r ' the mortgage or deed of trust' debt and such debt had continued in existence to the date of payment by the Agency. 5 . (§320 ; Right of the e,gency 'to Cure Mora o or � � , r ,*cC � ,# Jf , •� t , Deed of Trust Default In the event of a mortgage or deed 'of tz'uat or dnfau! t 'or breach by the Devel.oiier prior to the completion of tho construction of the Developer Improvements on the Site or any part thereof and the holder of any mortgage or deed of �'�"���•�`r'f" trust has not exercised its option to construct, the Agency may cure the default. In such event, the Agency°phall be, entitled „ js' Developer of all proper cots and expenses incurred b the Agency in curinu ouctheefa default. The o reimbursement tarsement from e Agency, shall also be entitledg Y r�':.r,; th'e,. � r. p Y to a 'lien upon i - IA extent of such costs and disbursements. Any �!uch lien ' enall ,be H "Fr �t't �'_: subject to the existing construction financing mortgages or i. ! }� deeds or trust ;. ;� , E. (9321) Right of the Agency. to Satisfy Otznr Liens r on the Site After Title' Passes ' After the conveyance'' of title and prior to the L ' campletioi� -af construction, and alter the Developer hae 'had written notice and has failed after a reasonable time, but in ,. tG ter y ( Y hallenge, cure, any ravent, not less than thirty 30 days, to c ,n !adequately bond against, or„satisfy any liens or encumbrances .�• ?+ +` on the Site which -are not otherwise permitted , under .this , Agreement, the 'Agency shall have, the right but . no' obligation to l�,;::�' satisfy any such liens or encumbrances. In such event,. the ,,_{ Agency shall be entitled to -reimbursement from the Devel,ope�: of r} Vial 12/19/85 '! Mt>! c 33491-/2460/19 -22- vie 1 — � A . r � p - ", ,." �t!-,-- -f-I,.� ,�.. - - � ji. ie,t♦ 1,14 }C'­-4p".1f1 :. 1 . ,�,� , 1"I1.1..I ,.,,'.-,fit . Ir .. �I I,I � .. „6,, .I;71I' ,!��,11..,f,A. 1I �., _. ,t� �) _1 , �0"i� 11 •I .'7� I,� 1s.I X.-, "_A, I%- I , -�',� "t '. � ,� , � , I , tAM04*1 W" .r `,�,j � I h, 1. . , ,­ . " , �. � !I �`,I�,, .* , �.,;.'.tIt_ � ,-A 0 , - . , ,-I -. , 1 _. I , ,I, ,�.'�'j I �.' "i", , " ; I - - `11 . 11'al."i"'. I .." I -) I I " " . . k �, ,;tr � ' ' .k � 'T t' I M1, 1� ", 11 I I " i!:. �., - , 11) I � � , ,,,, ; r , V ""'l, 11 - *9 : ,I * I . I . ,-;� 5 j I . " . ): U , "I. 4 ' t,:, 1 , r'v t1 , -i� ;.,1­ ,.., . � I � . . � 4I - _I- s , I I I o ,-A-111� I�! 1t ;,% j ;,'I-- I) I I tI'- � 1 I --?JI" t'JX-� " *T!. i I.,.,�,I;"�, I 4I , ik � ,� t,Cj Ii I,,,j. 'V'�,,! � !� ,.1`t­,4I j, 1. �._. lZ. . -� it .1 f�, � i i- ,,;1"4.."I,t"".�:,,, , I ,,�, C3ift �,tf., , i �� 4 �i 1,i,�.I f I,�, ,,',, 47. I �. ;.�I. fI , "1s1..0 11 ,41,,0 � I";-6-'I ,I , ;It1� �.I �(wI.I ,_ P �_�L., AP t�11I-'� �' Wi ,�- �, � ,.. ,C: , )1.- "ri', � 1 #,"�.;J". f, il I "'L7 vI. 0Y ., -t I I ,,:., ,•-i"10hi, i'," 3I..'rj i 1..-,_O,I .- - ;-�I -,�i.,, , ti- I. ,I -9I g�,­' - I1- . _.q,,,N)) Ij ), ,i"r ." s II )-,� ,L:--;I'4 6 '­'-,—,,14 ,,,..�,." ), 'sk;" �I-,I ,,. )'�, ,I-i;,4�_j'","" 44S r( f \ ,;," ,,I - 4"r1, . 4, ­ tj ,y W 1 'I_!,1 1 `I," ,LtF&' ,&a_%CX4,' , �4 . t , . � . , ;- I% . i j: � , ' ,­ . - , , , �It 1I I , I t .. ' 'f .4 ,I ,1 ,. . I I;�"I; "It+ .II 4; i r-;.-, 1� I." '. �I ei ­ti"I-t,,JV4- V.IiIt,,W 'j) ' I ( I,,)r 111, ," 4 . I I .e ') #,II tijl r:,1,k;:.";x%-",*,. j,"I .,, ;. , 1, , ", I1� ()II t. Af II) � - i' - � —I I.6,�Ft4i qi- I ;.-7, ;,,!. .- I l 0f -- .� 11-?, 1 � 1- "I !� I ;C �I ;If I � ;� 1:. Ii. , f,. I ,kif:.;IIvr,i iy_j_11!1",. r •,4fI.II A Itlfi I: ;1�iI, - : 11 I lI ,.�;AI4X!-A f, `t IY- A ..i I * % I - I , I I / t t ��"iI " h1 I-4'4,"4,- - . r1 I -I t,, ,r� : :,*za?I. 'I •f.i4)-I, ''.I111i i1�t3kifi,�._-.,,_�I 'LVUs"rIMIA- .- i, �, ( % �;jJ4"..,I -I,?:A%I k , 'j- z- ,;I j 4 % 1. .�-O? 1f . f 4�_ ,�",,�; , � 11; ` - L� ":i"' ( i� I , I , M., P i � _ Iq , ; , r : 1, q . . , " Vl* -. �' I I . , J�.,,� , ; 7 ". I " � �, , .- . . � , " L. .." �_'4' �., " -*�r W S-y- N, , P - , #� ".;f P j- , - , I I , , I I � ;I . - " ,� , % ,!�. z- - I ,�. t,,� %I , . --i I - .- Y, : 11 .. , - i.. .1 �,. .. 't, t Ff, -, . I" . - � 'k � ( ) -"-'''1 � , I . 14"*.- � . IV - rt�ir'. i . ., ? , I 0. , '. . - " . , ,,, _(� � , , V ,. ,�, " A, � Ft I . , 1. . .. . � -1 .4 0 I ". .; ) . : ,�' , ", , !, I t i, ,. � . .. , __ I V� �i.117 f_t� lk-. I , %-.: - �.,11 t " k " ? �, , � *. , .., " �;,' , '21,X.:�m- , ,-t�, - , �. , I . .t . , -, . � - - IV ".... ,. �.', __,�.. ­ft_f'­,%,'� , ".., ... . . fit' ., �;4 ­ ,� I .., � . ��, '; ­" I - , � , _ ��, - , , I 0 V. . , :, I 4 I . '. I � .7; �,." , tI..,.,.,:L :..j t ;�._ f-I - , � 7., - , - , , &�i .x jo it,i x ., � " , . I , ,' k, ­*�f, , - � f�!-,!,�T�2 ygt, j r ,.� I ­ 1. I .. _.j � n h encumbrance and the Agency shall I ), ja , , ­­� . ­­ ­�I­ ,,,�I, - I— ,'- -14 . IF -4, .�,,;.,�A, , .J't-AA, , ,_j .! , s l I. N � ,I - . ) I , . , ,�,,� , I - j -.1 , - , '% : ", 11 I" ' '; ' - ­ , , " .., -!_. r,t,,ii , " :,- `0 . , ", � , . , S -1 I ` ,,, it el. , , z". !1,'�.' I A, 7 � , ­ _t �i�6 I ..� - -,,-' _;P,�.,"i I It ,rj -i", 1, , I. . . -, . . j .'?ray.'. '!-... i. �4` � L , jt� f, I I, 4:! ' IL " .1 , � I I" , Y , ". t � .i�;,'.','�-t�'t;7�-",W,.��.;-.."- I - I : li, ._ , ,_ 10 F. 1§322) 1 �h_ ., - �t � -, -,- �­.;_ i,:�:­ I .,.... ". ; .,� � � , J, IV-. ,I , - ': j " - �"?-;"!, '&'t� f�A� . �_ f, I :,�1,1.:_t - I i .-. � t_!, " �!. .. � , � , I I �3. . , . 41 4' 1 _1014 Certificates ,".Ift%'�k-, I;,;V19k 0 " W, , -'( -,-, P,�:. t: - , 1� I . , I. ,,t�� 1, . , - — - ­ ;t"I 1­� :,-, I!":-''-,�,:. 11 , �t�­�;'-'L!�L ,� - . , 1-1 ..I. _A_ ,­1_.:i,..I .;(1=, "tt; 1,��r -, OLO-, --j. , ' 1%. " -­. ---.I. -M­­., r , t­� , X 41;1� " A . L � �-�, : " ­ ' (m"' Promptly after completion of -,.,,1.4-,,�,�-i-;-.',�"-.".,-J,:"��L'j .; ,�, _"� , I . . I tt, ., �. " �ti� .:­."­�� ": , , i .., - " I` 4"TJ .,..A .,�,,&; ,,�� A I 0 !", development 'required by this .A.greement to be completed . _�_%t,,it. � I... . , j� , , �LI j�'�', - :, ­ , ft , i -,- WtItt�,I!.;�,,, W. , . .. Ck..,5-,;t. �., i ,�; W.: A,�'­`. . Agreement, or *� 1. 1I A! T! 1�1., ;Y , y " ,$�'. 1: � �?, r. .- Developer .Upon the Site in conformity with this `:I',`t,"L7','t "._",T.j . Ir- - 'fli,.J.i..11 L­­ . ''t � T­-'1M'-j­ "-W�r�,�, - . J'.4T ,_ tI,,--�,H,,_ , ��, Improvements upon the Site as they '-�T'&�,:.T­ ,." , I , 11 �_11, *­,",­ lrpv�, rah �?` i �, il,IA'f� C.- �_ . " tt: �. -, , " " I � '­��. - - ,��,_' 4 Ir! ".., jj�, . '.. .,p - . � "71 � , , ­ , __ _ �'. are . ,J,;,.;�','� -I" ";�N'fj,'N , �illu.._21_", ­ _. , .. � , IV—_ I �'I"' L' - I..,, A't ,hl' L 1. I I .I �­�Ik,l It, t .%,W`A',.,.�" 1..�11 .1 .. I L& lt'N'gn -1 , 11:ic. h he Developer with a Certificate of � .. �.,, 1­-_��,. 01 I *. .',� - ;,if A " � - IN. -, � I ', - , 4'r, I"", ,,­­",I1 .f?� � .., �, -0', ­ " 'T� , � ,- �,., Completion .. .,�,;. T�I . , _ill' � a . . . . L•- , j , ",."�', I• ­L�. .. � �: f � . f'. 1" It . . 1` " yr.. ,...'I I � by the Dnveloper. !, I !" I �,j It, - , request therefo. K I" , ,�,; ( " .� .i W 1. 4 ' * . . " * I L� I , 7 � " , - N ,�-,, , it t t, ) �.L " ; �,., �,. . , , . t - 11 , I 1. 1.1�,�,�, ;" h � -1 7, i ffi� -, � I , .1 - �1: C.'sI '.-,, ?1..;I%.I': ,1,"-,1), Attachment !,Ij --?4, r1,.�.,..1�(Vf.­ h te t, .,I 1,AtIk ,"ox'`J- k "­ of completion � I ,,"j"A 0i' satisfactAzy complpiion of all or a portion of the construction (, . s111" t.I. " required 10�;i, "",�,., � ;v;tt, -.,�-,, , .. ,(,'�., ­­ •1 Completion shall so state. T1iR Agency may also furnish the 6 t. ­ . 114 - : �, I-1-111"11- ";'i ; " Developer with a partial Certificate of, for portions . .�j­.,:--"!11' I �A.J)t1".";";j,. ".,-�r-'! ;,-..j1­'­ ji"'t- . ts upon the Fite as they ar,,� prop6rly 11.t.,,� 14,�.il'. " " 'j"e". "Joilo'"Co _0 11,,��.,­"�. I � completed h . is not in default 4per " ,.%:.Z. ­., , .W":', - ,., '' ;,­ - '-ft'.1",under this recordation of,such 'Certificate of . "I 1.1111N.10j'L 'cr; ,'4-"%%"�t,�,4,-, .�,V-j -"�'i 66"­ party then owning or thereafter purchasing, if,-jt­1"_'f,-', ,- " -- '� I I W.), � �, � � ,,� N,!6; ,,.,. ,� I g airy inUrest therein shall not I a I ,.:. .,i�.­,�:��­ 111.J,11. ��". . I ... A I ,.., � '" IvMK..., , , V;. � . I . i t_ , , r."?". to ,`.�01, _,��41';, i - '�, 'A� I n, or liability under this Agreeme I t-,,,-,�,,� , .;_%N1 ,,, ' - .­_';jj;..!'.._ :�4 , t . t *%!h' such party shall be bound by any covenants contained in t,I,-* , I , w I ,,,, " � .�, ..."., .,t '', - '. , !�."�,,�� -,, !-,-,: I the Crant Deed (Attachment No . 4) , lease, mortgage, deed of ,�-k7t,--�,,�, 1)1QN*'-.-3---- ,Zf�.,-rj5 .. . � i 5., 14194! �'j t � .". j " 1 , - 4" - f'' ".4ocuments eata'blishing covenants. Itu_ �,V,44,�,'.it.­- ,,�_, � ,'t%,,��. "I (;,��`:%S�t,, I - .. , W ., I I ,0 t I " , 1; . . , � I I I the provisions of Section 401 of this Agreement. 1, A , .1 11 !A�.;if f�-�.Av:. _ k�!. . .. - r, �,,-,-4t�%(. "!�,�,e!"� Vil i �, ��' . I construction for, the Q. 0 % C",.' -., 1. " " I I I., : ",tvi'I.t.1k..� .t)6_!� - . t�A$.,j`ilt�4 ,Q� �'­tp�.,71�, , _,�� I 13,.,�'V,A. j I as to ermit it to be recorded in the Recorder s Gffice of .. , J,-.f�r?A.1X;,te:.11 �;,,,t�. , -t . "I V , � �"" t t�, If` ,, �IK't -_ I � y. . 01�#, 4VYI­ .. ,,r IV, I .4 4".'t;,�1 : L . I L , �. V ?0- ;../. I Q, "..,.".I- 'I " � ., zt I '�, .1 ., ­ � I aforegoing , 4;, , ";'­i .7?,1*J.,,,,,%.-;,-,;."shall not beissueCCompletion T ";Xv ,,, , W. -f-%, � L , . t, ­14 " �f"f%,"�i'.,t- - , I ", . -,� I portion thereof.ifthe , , , ai""' r,,1,'-,,f ,1&,,-.1 I `."" D Agreement. .. I'll .I .I I )"',1� I i. t;1 4 !-�`­�`; - -.t� h"�1 . 11..q. L�� 't, i _14, refuses' fails to furnish a , , .'.:!� i!,� I t., , I - 'i , ;� '4 . * C the Site, or part ,thereof,. after - , , 2� � i.:� I 3 . L,. it�", I� I " all, within I ., 2 I 4 M I 1! I 1. � It, .1 . thirty (30�_days of written request therefor, provide. the . 1. ."'Ii­'. ILLJIA�A It -I fl, '. 3041'1 , . '�Developer vii_�'h a w . L 7,4, 11 ., , .!�,..; � 1� ",,I lt`� f; �. , 12/19/86 3349k/24600/19 ' -23- V.­ ­. ,A-, t'11­ ,1a)',. ?; t.�,� .t.I.r.,�. �" jJ�*o ,lj�.F.,-" ! - 1,J t4.,- —.j..��,."-!. �I i1 , .%qi,t, . 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I Aty�,,i" j , .i�It) , : - �I,, ,,W;,'4,,'1, %t , ,: tI i1(.��0",I,, Y�j j'..I- .,�- ,-, .,17 t-.,, I� - -, _ - "! i , 10 '. l( ­ , ,.r � kil,• ,,,.. � 1t' -I� �. '., 1,I.N"# %,',,;%"j)I ."(Wt ,,� ,t" -, I .'. ,-• I,I I . -I k* � I".., I_- ,. 4 . , . : U.,r- rr Y: y t .. �tr '�'� ', ';` ,:'�; '. ;t',,,1 , , ^•''T R�/1 `.1� V,:: V, j' �t�f ; l.,, r -� A�`ii r`'i `1� PA {f't `� �jt' ..: .. �': �'L,,C,�l7 .(-,' ! :i ,:•�+r .. � .r.1••�t',' {j fi•��.` .. �"•% .f:?li. ..,. , .. �.' i`•1 L. ,.:. "lt: ,..,,.t., r• .; _ <' rl •r i t t•.7 r•. .t. 1 •�.�y%, ,± .. 1 1, � !•e f tip , i :,: ..+r�:�J� `y.. j'i 7 ...mot -1' .rT Rr• - •, I Is IL i' 1 � I���, �r' 1����' + j. 1`�• t 1 G. jF ly •C1 ,, t aE , i r- t. - p , Y • f!e. t, . 7. , '..,'. C,It ;, •;.: .1 ,'., -r•-. !. '.,'.:n + '1 • I' / ,Y t • !Ci �,ra ;y' I .,11 ,�.,' tSl>itC '_; ::;. .'';. !' ; y'.}ir'� 1 1' tY }' ,. - t• 'rr r rT r:� %� '•t-4 t, Fq l 'a I. ' ! �, yY f'r ', i .. r-t� _t.,. •,r ��.; .��!�;'ir 1} • '�. � �,' .. � .," 7 :: r X` � ``r � r v' a J4 lb• 0. ,` t(4 ,1 �> Ir. .,, :1 II' 'r.y .f. ,l •'1 4 i t" 1C �'ri {1F•I1 ••t+F t, t. . 17, c iT` • . :: ty'. .,,�,l..t.a�, s:7`a'• ft,Lt-.,. rt:,.,. _�, ., ,. {' .X .. �' : -. YI i r. `. 3Irr-�•�7r , 1 .t- ,, 1 .:' ,. .• �1:. .ir .Lr •r, .\� { y ��,,. I' •'1 .' r,.. -.r`i /,t: .`.� r-?�(;. •`S !hi �,. (. ' �• .y l f': ;-1' � c 9.� t', .� T, .,,. ..r ^,.mot. 1 r• (�7e/ �e� r, • 4 (. .':.. I�i •i r .- i,:.•' h iK'-+-�,•�+•.rurY�l�'' `-'t• i1 �./•--�r +.. �.2.siilt�..! b...�.t rl aF. •�ll t,�•Ik 'i y • S {`� , .tl��jj `, x., � 1 � . Iki+tLCitttc��luY4.`..!C'i;�,Gif`•Sir."�f,�.t:+''^'.ifi��ti*fiS rY.......+'..�u.t@.%rv'�w..-'`+.i.,Y....L�'`�1a:i'' t'•�•';�.ri 'i'-4'e c`t ' - :i 1', T) , j � y'`a tiT s�� '' S.r �►1 � , , i , r.' ,r r t � tiy�l��' 1 v , � i ,.. r 1 T ;{: � t y rr. i, t" r it`:'_ r �.+• ,. �;, �.•��.A.r% tpt � y• { Ci: , It 41 sr '�t r r •ti } t t ,�r.l tt'7 �•'� , ' F ApL '1 • r 0 r refused or failed to furnish a Certi :icate of Completion. ' The statement shall also contain Agency's statement of the actions the Developer must take to obtain n Certificate of Completion. If the reason for such refusal is confined to the immediate availability ,)f specific items Lf materials for landscaping, the Agency will issue its Certificate of Completion upon the posting of a bond by the Developer with the Agency in an amount representing the lair value of the work not yet completed. If_ the Agency shall have failed to provide such written statement within said thirty (30) day period, the Developer shall be deemeu entitled to the Certificate of Completion. Such Certificate of Completion shall not constitute evidence: of compliance with or satisfaction of any obligation of the Developer to any holder of any mortgage, or any insurer of a mortgage securing money loaned to finance the improvements, or any part thereof. Such Certificate of Completion is not a notice of completion as referred to in the California Civil Code, Section 3093. I V . [ § 400 ] USE OF THE SITE Jry���1►F�1f/tt'rfi, `a,'riiK ° !'r. A. [ §401 j Uses The Developer covenants and agrees for Lrtae~lf, its,.r,a�, Jy r•�,`, successors, its, assigns, and every successor in interest to the J', :'JtJ �Y }'z��"i� `'- ' tr'•`+t Site or any part thereof, that during construction and thereafter, the Developer, such successors'. and such assignees, shall devote the Site to the uses specified in the c .: Redevelopment Plan, the Grant Deed (Attachment No. 4) : and ::his �yrL,_F5' Agreement for the periods of tlme specified therein. The permitted uses of the Site shall be tho; o permitted in the City ► Municipal Code (R-2 PD Zone) . The foregoing covenant shall run ` with the land. 1 }J,Y ry cryf, The Developer covenants; b} and for itself and. any It,4'. �',� f •: y successors in interest that there shall be no discrimination r' �� against or segregation of an 1F`;fit }� ' `\ :. a gy person or group of persons on � `it '{t account of race, color, ; creed, religion, sex,, marital , status, `•w , ;, rlrja,, age, handicap rs� rt i #°`�"`''i rr, 9 t national'-origin'or ancestry in the salia, lease, ��r,a sublease, transfer, use, occupancy, tenure or enjoyment ot, the ; ;� ►���;�''}r~tr,x�l,: Site, nor shall the Developer itself or any person claimin� ry "`:1`'t �; �, ; iL`� t?fi�t• it through uzider or g establish or an permit P Y such 'practice or practices of discrimination or segregation with reference to S' the selection, location, number, use or occupancy of tenants, la; lessees, , c:ubterants, sublessees or vendees of the Site. The foregoing covenants shall run with the land. ?;` ►.�} w3+�:Y, The Developer shall refrain from restricting the rental' sale' or lease of the Site en'the basis of race, color, ri oh �,. „���;: +;�r creed,' religion, sex marital status, handicap, :rational origin ' •r�i,tl i' �4~rj'��� TiT,r�rT�s°rS7' n'7�' � � 1, �;1� ! �1pa�.•It/,J7l:,,i tr a���.t't r `� r 1\ •! 12 19 33S9k/2440/19 -24- t� �'7 #{.Qj ,f��# f lj•+� �':,• iY< t'•; rr ",a- ,r :.. ,. .a :f,. .. .. .:t. _ .. r '' 4 ,oiT .i''•\ t Y� ty.ti 2r T`. V.t, a..:ti r. ,, l ly f:ti.; "''.r .:, '�,. , .. i :r 4r,r/..,. r :4 � �.. 1j'% ,':�,r�, i j.Y ^ti{.i pt H-i.f5�,,���l�iCti t ! i ;,x. r t L tt t, .Cr rJt.r �x,i� f ,l;i't �:1 `+ ,r. .,�i�•,� 1 7 ,{^,'�.lt t(' {� t• r S. .,nil ! 5 rt} ;.) �.. it ,, t •-rr •. l - �t 1 r..', ��) 1 `'�'� '•! j � y /i+l� �"T. :..:,'I,a! t'"i.,�✓., 3t.!i •J ` � { i- i'• ,F,. {. � , � •�1 !'' it��' i �: •e,r :.�/•r? /� � �.t= YI �Jr, :�i yt: ;=ti rr� i. 'f�Ci1�./ r.• l••, Z 7r + t ++ y ' r. 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(`L , ♦ . �S r,. iMiiw.'«:i h• r..:r.l ••'+.r.r~':iftil[r ....• .. i ,.: ..j 1 Y (, i r•4. *•,`. t'i .. ,, ,�r .,. • •.«.ti..rrL.is..a�I.}�«.�...Zvi.Y..r..•....•.•1'•�a;.....:....,.,::...iw...a...�.J.,ox+k`i.;i'�rr�'i.r4 • -,f� )�'�• ��i�� ,Il is lr ..'tt -� - �1 t,;.�r ,'i C.t,, :.72, +j�Lp^�`^��� l:, rr.L.JY .1 ,•' , t tw✓ :.� /�.•�5,, , r:. f,vl„ {�1,1 S `t :i ` tii (; ' r3r• S , .. '�x tr, f' �'. d r, ,1 .�'� ••j.?y. i 1 1 .i13r, try ti' S�� `j•l�,It r + C,7i2'i' �t �r 1 l ), 3.. •y,,.: _ _ 1, Yt ��• -It tk'iS i �t 'N or ancestry of any person. All such deeds, leases Gr contracts +� shall contain or be subject to substantially the followings nondiscr imitation or nontiegregation claunes :rt� ' f•( r,J_A i1�1'i i1 t•, �' `a tt 1. In deeds: "The grantee herein covenants by and 1r �r °�, {� ;f ,�s•`� S. r, for himself or herself, his or her heirs, , 7T•• t t executors, administrators and assigns, and all! persons c�aimiizg under or through them, that r� there shall be no discrimination against or t4:4 `_ segregation of, any person or group of persona On Ill t ` ,Id t {, .",�` trr account of race, color, creed, religion, sex, , r am , , ; marital status, age, handicap, national origin or ancestry in the sale, lease,) sublease, transfer, s,� use, occupancy, tenure or enjoyment of the land i !� s� .' ;� r- •fi' tt herein conveyed, nor shall the grantee himself or herself or an arson claiming under or through Y P g ti �j,. � ? • � ;�. him. or her, establish or permit any such practice or practices of discrimination or. segregation' s.:. '' '.• ri'y.�+r��r � �f � i � zy r.1.3/ •.. with reference to the selection, location, � f�iyt15Ii; number, vise Or OCCUpariCy Of tenants, lessees, subtenants, sublessees or vendeea in the land €' ' )`t,!{� herein conveyed. The foregoing covenants shall � run with the land. n)I 2. In leased: "The;: lessee herein covenants by.: and for himself ur herself, his or her heirs, x r r r� r ;,'�•'r: executors, administrators and assigns, and all -�,`�'�y persons claiming under or through him or her, and this lease is made - and accepted upon and subjectWrOA f �•to the following conditions: �,. , `-•` "There shall be no discrimination against or 4 � �y.rir,,. r� ;� �, �." •�: ,segregation of any person or group 'r,f persons on } .r�tls c �C•,''ti fie r ~ account of race, color, creed, religion, sex, #''� , marital status, handicap, afire, ancestry or national origin in the leasing, subleasing, $�` ,•`i, transferring, use, occupancy, tenure or enjoyment of the premises herein leased nor shall the �:�• t , lessee hintself or herself, or any person claiming under or through him or her, establish or. permit any such practice or practices of discrimination g with reference to the selection ,- � �• �� or segregation wi.. , iocatio;i, number, use or occupancy of tenants, r `y lessees, sublessees, subtenants or vendees in the +' premises herein leased." +�'' �•'' 3. In contracts: 'There shall be no discrimination against or segregation of, any person, or group of persons on account of race, color, creed, ; handicap 1 religion, ,.sere,. marital :status, age,. P xi i.ltr� ancestry or rational origin, in the sale, lease, sublease, transfer, use, occupancy, tenures or {t' i, ' of I� ,�• K,�'.,�'`i:. r�r?"�, J��, ?�' • �,�ri�s��1 w � >r3 t 12/19/86 3349k/2460/19 -25- • •: `, �� ;�V.w� tr [� ice. rO�T.:r�'�19 �, 5:;�.r � a a (. t''•� •'tt{r1 !( ( ,_I �yl;�t,;� ;�a 1 l� ��i�, r � j4 ;t.r7r� •L � {�Yr "4' . ;- lq0 1z[�,,..t: ':5'-1,L.. t'r p•., +. ,•'{-r : G _',, • t,,3t_ �71-. -�+JS •r1 i ti„%r1 7; `� ,.Jx Gi;i [4 S�.1 {-�'t=±t; `a.\i „•ri� r[�rr1 t. a ! 'C",. I�. a n�-..,E4d .1 s•a}i, lQ, -i ,y"j.<<• ./,. ,. ....- tij, �1-. �t":{� r. 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S.i r,f•.r r•; i{ i' j. tyt.,'+�i`i,) .` :;c J 1 •; :.JI,/ y, �rf i'r f;; A ;! _t- , 1t, 1;F .ia �.'. Y,, r+ r, l� .1`Jfi:. r! It x.�'iji i. r i-Y-i \ !. WWI, ,{r•'u7�.'1. _:,� �.' ,� 7�'rl t!�iL..r�d I.y�� (' 'S,I',. •�i:l�r,tti {� �( ) �S'., .:i ":iF k ;.� 1 �!1 ;. ,t '� ' �; ' r t C•,. 1+ ;+.: ,..n�11. ,,•,..r �•!'„-, ,=f3,t -% Y ,t. ,•li.r: �f:jd',. } ,.r..,! �i�x y 11 14..�E Yt'+L, ^„� }�; ,..:I: 1, ..• :'l. > f, .I:r': t,. , ;�.. �J �a ,fi t,.{ ;;.v .a.j,ti/ :.,..• b ti5•,}t'.'' �) f a) .', �l1i :�[,.i,iP�j.. �Lr,...• . r t ..' iS_,{ JI�:t`,'. n_s ,":'s W.�rc >ljitiy , , , i j y;- ,,, �,•.. � •+i �.1 1. + -,,, . i, •f / 1!i ti': :: � ! i, � i �,a f., f tl .�.: - ., Y,, r(� .Y, , ,:; )�.,�r, ,,a..�Nl , y i . .., m.,. . ,,gy�ppO( , S. ! � �•., a,. rF+ ,. f. s' `, - +{; ..., _. ,. :.- • )it p ( Sj)� 1'' � � iL 'sa. ., 5. ) ,�1j .:• 1'.1�{'�-�.✓S"'�.•:et .,t..� �-. \�•.. .r .li 1�...... N r::,�'R. •: -,•�'t, .' ,r, }r eS ,. •x ,. %t �r. , 1 is 'l i�G'if`;" •11 "f -'.77 l4 %.'�,; ;ri l�t.JE��r('�=`�`.. u lit lit Rk'If VIA sr 11,� 4,11 7. enjoyment of the premises, nor shall the transteree himself or herself or any person V claiming under or throl-igh him or her, establish or permit any such practice or practices of the selection, locution, number, use or occupancy discrimination or segregation with reference to of tenants, lessees, aubtenantB, sublessees oz ver.dees of the premises." zt, C. f54031 Rights of Access The Agency, for itself and for the City and other public agencies, at their sole risk and expenve, reserves the times for the Purpose of construction, reconstruction, right to enter the Site or any part thereof at all reasonable maintenance, repair or service e)f any public Improvem"ents or "I public facilities located on the Site. Any such entry shall be made only after reasonable notice to Developer, except in the case of eme2'gencies, and Agency shall irdem' t1ify and hold liabilities pertaining to any entry. PrOvIsions of this llft::Lon of The covenants established in this Agreement and the 0 deeds 1: shall, Without regard to technical classification and designation, be binding for '-',he benefit and in" favor of the its successors and assigns, as to those covenants which' 4 are for its benefit. The covenants, contained in this Agreement and the Deeds shall remain in effect until the termination date of the Redevelopment,?l'an. The covenants against racial discriminat'on shall remain in perpetuity. The Agency is deemed the beneficiary the terms and provisions of this Agreement and of the covenants running V;-;j th the land, for and in its ovn rights and for the purposes of y and other parties, public�or Private, in whose favor and for whose benefit this ve been Agreement and the covenants running with the'land hp provided. The Agreement and the covenants shall run in favor of the Agency, WiUnout regard to whether the' Ag2!ncy has been, remains or is an owner of any land or interest therein in the ZAW1� Site or in the Project. Area. The Agency shall have the right, if the Agreement or c ovenants arc breached, to ex' 'rights and remedies, and to maintain any ac mons-.or suits at law or in equit�'-or other Proper proceedings to enforce the curing Of such breaches to which it or any otherbeneficiaries Of this Agreement and covena nts may be entitled. IT 47, FE F 1 , f , rl ,. � tS . !•j•1 i t, �. +ji< 66+[1 '.,,mot. ��•. .."I,.t .C,, .- x •.i }�.4 :rf t/ .1f' •; �:'r.3 j� 41 l 1 ;. ±• + rt'^'r.. ,%1s:.H.L t.},•9.. ,:.! f... .. -.:., r •�r .•!. 1J. '„ _ rJ �)• ),C ' f{i%+,{rc 1 }. '/,{• r��_ ; ,./,/'1}�j a.., i r�1, ., 1 Yr •r;f ,,� ,. �} •�.^: �,lf ,:., �'• tt '... ,., '.^ r�, .. J , � . .. I' , .fi'' t• `Jj 1,^ �'• , .�,. �' s :: .,hj 1� {'1'�:�• 'r���:l } L f f 20, � .t , �: J1, (. v a: J j {, 1 , afs �' , { r, j•• i• ,�, •;,:... eat"' � L'1.. ,:: ,.� -• .•. �w' 3 r � �r' +' � .�jh :� � i rF�f "i Fs1 .,.i :. .r P:. � ♦,:, rF. Y!�.� Y'; '.., •1 r t�L, :x" 1 r, : f i•'°"•%• ;. , , - ,::a r•- `1 tI"\ ..t ' '' s. : tL S� it .� t 'f} rhti 7 _,. SY`r rat �f `+}.. '1....-: ,+ by `r'I .. •..�'. (�' +I { 1 ., ,\'T I:.Y �i L.• i , t �, .., �: : 1�. ;;• 'A..; � S�I1. . 1,,. ... t,, ;- ,, ;.. .J'. l '01 :1' . ..Y1: !t'.f ,C } � h ! i,, 1• d t i �`tJ i1 '.t ' ;Y Y �, '^"" .!I j,•: ;.1. +. ^-�; �`}rs.'_', ,, •,' •1; 1• 'r, d ,,i,.f• ..1. � �i / ,{; •��,�} �, 7 �� .:_•r_ ./ , { •. TIt 'Sa F' rr [J tit xJ !�tyn, 1iY .1 1 .-{] 't+ 1+ ed, �� ;jr• . r �' r :1 •11,/� �. �� t. f (� .' !� • lT t ["r:1.. , . '} L :3�;;i i � r � :f I r � S �7f'lt :�.;♦ ..',.+ �'� ' ._:. ,.. ;. .. ;: i... I'r. .i. ,�3 �' ' Si' ., s' t I (( d. •. .r ), ..3 � .t r,. r,.t rl. q ,, y•:.a ...,,. ''1•.;,, ...,,;. .. ::� �.... , •, ;_';, ,;r,,.il �::::' 1, , =3 We I rlr +o ..J.- ,, ,: � tom, r. "r.. `R -,'.: ..•., .� ,: , �: I rU V�.i.' ^„t'!-y'. a >:,•� 1'r ... yM. •: .. ,;: 71 :s! %• ': .. �:.:r•' ... ,., '1` 1 , i •at r �:r � �:.�s Jt�t`•'�.he�. r f '` Z' r .,. s ,.'f+f•' �.ti'F.. n'!1. '. L..,7r'a 3.#f'r•f. ♦ . ,� ,.. n� _. r. •; _: j,{ 7t. 1. rl , , .)•t. :'}••9t. i'ZSI' "r <' ( ' •,'�t i ii i (; . r ,. ti._..j ' .;/ i� r••. '�. /! . Jr3 33 31 �, .>��:! �L..j - .3+ i. , �.c., r 'i',� l 1. �}i� + r+'�' t 1''. it: 1'..f'.!'1 ..•a ` .. .i . r•.,..,,•.. / ,.. ,�, , N ,ry- r'::"' i f l .`i y ,Yb L l 1t A, �3' `w� + ':Sr:� ':mrt.}.;.�•tt_k i�t:::.,.: .. tlr J:._ 1:1 . �" . f1 •y\ } t ..tiyf. �'vl .r� .7. <, M.. ''�r ..ri'•' 1}.Lr...T(:e3s f�'1`tr :r iP t1`13:37,�es?'r,.... t C�1'a.�ta�iC:.SG:+W�3y:cA1G�►�+-•-----ws.awl+w........,....+...........,........�ii...,,....:r�' 1C1J3.r. 3J �t Fpi Si \ t �f •JJi L t +` <j`l�i 1 J ' • r' ,` ,' y' `;•1 1 1 % '•, "'+t . J� + k 1 G,+j.'L. •.- t7 Llt Ir>�Il; •ire `_ f} i�7i,t r- t ' s' ', V. (§5001 CENERAL PRGVISIJNSIV A. 1§501 J Notices, l%.nmands and Communications Between the Parties ' i r 11 •, �� .., t irF `�%��, r,1 i" fir: art Written notices, demands and communications between the Agency and the Developer shall be sufficiently given if delivered by hand (and a receipt therefor is obtained or is`-';' :1 J refused to be given) or dispatched by registered or certified33 r mail, postage prepaid, return receipt requested, to the principal offices of 1•he Agency anra the Developer. Such fz , written notices, demands and nommunications may be sent in the same manner to such other aNidresses as either party may from time to time designate by ma' A 1 as provided in this Section 5C1, Any writter. notice, demand or communication shall be1? _ , deemed received immediately if delivered by hand and shall be S <+„� L �= 1 ti�r•'r, deemee'..received on the fourth day from the date it is postmarked if delivered by registered or certified mail. : � B. (§502) Conflicts of Interest >r-,mod Yf. is i}r �r ,•` ;,�� iYi'� y. "tl 7 f`•lly'r•Y i i!'J ,tY• 1 Li7� i r� i t i W+•i': No member, official or employee of the Agency shall have any personal interest, direct or indirect, in this " t .Agreement, nor shall any metrber, official, or. employee participate in any dncision-relating to the Agreement which affects his personal 'interests or the interests of anyy corporation;:.partnership or association in which he is d1rectly 1 Y� or indirectly interested. No member, official or employee of the Agency ' shal l be personally liable to the Developer, or any successor in interest, in the event of any default 'or breach by c i�1r yt t the Agency, or for any amount which may becotne due to the Developer or successor or on any obligations under the 'terms of .fir this Agreement. 30 The Developer warrants that it has not paid or siren, and will not pay or give, any third party any money or other ,+Y� ;� 'crbnsideration For obtaining this Agreement. ��,�L� fw��+•�t 3t.t.f?��r t, w �+L•ri1r'\�iJ1fC ,`��-`. �•��4N x,r► r,:�:t�lr J x,r C. [ §503 j _Enforced Delay;Extension of Times of .. Performance �1 In addition to specific provisions of this Agreement, f performance by either party hereunder shall not be deemed to be ' T in default, and all performance and other dates specified in + this Agreement shall be exten.ied, where delays or defaults are due to: war; in3surrection;1' strikes;; lockouts; riots;,floods; floods; earthquakes; fires; casualties; acts of God; acts cf. ,the public i enemy; epidemics; quarant,ne restrictions; freight embargoes; :zf ;��)*;,•S r;< <, ` lack 'of L-ra'nsportation; governmental restrictions or priority; ' litigation;"unusually severe weather; inability to secure •Mtt ,, ;-�`;:_ r1�;Ft necessary labor, materials or tools; delays of any contractor, 9F 3349k/2460/19 -27- ��"/n�;3, t7.�.!•�� {. - �{ jliy r °�tk,R:�,l t:Ir;.a.slr Yi :Z i y-��.�t t':'t J'<<:' ii r St. i i : o `',f ,+• C+,,l c1!� cflS ,j,�Jl+; ZA;C, �1•i(f.=ar-t'•,%LL: ��d• r1.;♦�j,��, •: ri`tS. ..v'. *� ' >/ Stf. .1 �T. l:'v,� ,i. ,.:", r�r,�•. i�.l :yl .[.�_`+ r'JAA '4 �� k ?, 11^rt'� a;f1.:r ~1' i4,!`ii,{r ', i:.,: JI .i �1`iijj +`�'.. 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I : t: •_'., . _.. , , , .. o „' �,r ,:'1 • :,kt �s%i� ]] !`�•.. t, �•� r, �� y �t it tYr .f1 t :r" s :,. } , !t rr r, /,M ri i • 1 4� q �1S , (. .j7 ,, } r -„2�71 ".; fit' fry' '4hr" i 77 % r., '•. ., .' . �r •�. � t'• ' .. •ii , ., L1�litIn 'Je.. ,,.-.r r.,.• .:.:.,;ai`i 't .�,-s�.,Fo& • warrowo+Ali"irttisns.:rww.,w+wr.uws'u,/r,n:.l..,...w...�-+r... 4 y v�,,� f :.yo• `,. ♦ it •yr ` �` . ;� rii�{ /e frj t rle 7 trt i rest. ,tz3�1.�)t;x�.x!'x' yY >R Yt,•. k±4(. ''�' ii�1 r��t%..•?� 1�!'�ex y t�,..::1 t`"'•, T�" Alm ry�f�.. t ,�,,t r.•, 4�} �,, •►� �t P !t t�yi�y S11rKs's�k `�If ;! ar }�Ir S •> , i j.:l �t4 , • .. � subcontractor or supplier; acts or omissions o£ the other '�+�i• ' �t`= +f ��:'�, - I ; �'�•� •''.,x�:'kt ;;'` ` party; acts or failures to act: of the City cf Huntington Beach or any other nubi.ic or governmental agency or entity (other "•� ` D tarps ,_,Ail) } 4. than the acts or failures to act of the Ayencv which shall not 4,,rz�,tt t or an ogler ca'us�:es i5eyond tx `' r'i>, excuse performance by the Agency); y the control or without th. fault u£ the parry claiming an 4,i'V T!1 iF t 1 14sert r Il lti�"S !' r.< k ` '1 +�� fY, extension of time to perform. Notttithstanding anything to the .t . contrar in this Agreement, an extension of time for any such ykt , ..i ;� Y 7 C.t�r` lrl ;� `;� 1r::-. cause shall be for the pericd of the enforced delay and shah. j*'t' =5 d,'t4,lS •' �; commence to run £turn the time of, the commencement of the cause, (s " t �ZI ^, ! r ?. : f rotica by the par. ty claiming such extension is sent to the h `,�,: other party within Mhirty (30) days of the commencement of the } It (i'���+,1 ,fir Mkt? cause. Times of performance under this Agreement may alto be kff",i4 1 rl extended in writing by the mutual agreement of Agency and Developer. E y r Developer ? s not entitled pursuant to thie Section 503 } `:; ; . r'• ', +� . 'w' ' to all extension of time to perform because of past, present, or 34 '� ''�( a �7t u future difficulty'�:xn obtaining suitable temporary or pe aanent 'let , financing' for the acquisition rr development of the Site. �,,•' .� ` `i< A. [ §50� ] Nonliability of Officials and Employees of r i ,1;..,� �( !j •r%� t, t.�;�� 7�.>1= t. the Agency ��,,� No member, official or employee of 'the Agency shall be ,r. personally liable to the Developer, or any successor in ,.: ,;� ,_ . L ,,•tr,r;.- interest, in the event of any default or breach by the Agency' or for any amount which may become due to the Developer or its t c li successors, oL on any obligations under the terms of this t � " ."i,k. ;< ' 'y'ii t' Agreement. * x ` '' '` "'` 4�tr �J ;ij tt`• tr;��'t,'• •t S E. j §505; Inspection ction of Books and Records ! t r•' .. r ,� T. . a3�� , „3.,+u,�� ,y „aS "`>''�w' �1'' The Agency has the right at all reasonable times to �•"1x`-titi7 ,� tit1 '•�' inspect; the books and records of the Developerertaining to , , •„ �?` 1 r; .rr k , the Site as pex tinent to the purposes of this Agreement. The t`'i Developer also has the right at all reasonable times to inspect the public records of the Agency pertaining to the Site as � ,Yi `� i ° pertinent to the purposes of the -Agreement. t jj A'�fg t.t if +?1':i.lF ,t . r,• r, rS- l fat ! { J��� ii � tr`J-J..�• . • h " _' 1:17, Ar REMEnIES .,.�'F` ) ,��•; ���,�. _�' 1'� rt r • VI . j §6t)O] DE..AULTS iil t M� 1 rtT A. [ §601] Defaults -'General x t�•VIC,(:x r,';�. ,v�?: Subject to the extensions of time set forth in l( tvr `'�/,yv'y��[ Section S03 , failure or delay by either party to; perform any ,I t,. Ly, t:l n►a( term or prav3si'm of this Agreement constitutes a default under this Agreement. The parry who so fails or delays host' smnediately commence to cure, correct, or remedy such failure or,,delay, and shall complete such cure, correction or remedy, �,.• �jl . ti' by/q"i 3��_ with diligence. u 12�19�86 3349k/2460/39 -28- lr ' �t 'i1 � � � •t•.�. �,� '�j t�. y{. y a'.r.;�a r,.. t i'-,1` , i't t 1. :��,� Q,t'j '�•�'� . t a •;� i:t :.i�'"i�•''�J+�' t t� ''7} '_r_ 11, , JJ.l I '�� r;itt�t.;J\ �IF:I. '-{ R►i� '�'t,� 'pit, h� `.:Z•r� �r •\t.t;, l „5; , rr< , C r t 1, r S r f • t• tjV �}��r�` + �{.iY , ,.i;..41 �� �4i�. H��`�.:•r l4l *•' =�;t S'••r'. „i�i �rh/, r t 1;1-. �t r •y! J1'T=,i}' i 't �r •tt -.'+ )J :f is r, ':. C`+%�)n r'f ry�!<,,c' .�, t * r c _ « .t el ' ,t11 ti.Ji itt, 1 I :, , * `. ty ,,^ dirt '1t-•.�,,, W: i `` y `F tt �`{ ,. i;L. t -j rt, rt r^;,� )) t,.. ►',�. 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I•r1 1 ,•- '.,,L;.k.t rfr`' .•' ,. -} - t a. l>yl•!'„�j •� +' •j}j, Il ,,rF-�r '{ '� y1 L'r: „ , r'z ., -�•.,!•. "•_,' I + , ✓i I tt t , t, R*r 1 { I . * ,II. . ,, /�' ..•, I r •.. f; ,�i., ,I:-.:wr .,r . �,r ',. •, ` ' " - J i.: t 10 .,> i '. , #s,,�. 1, , .ii. .. .. . „ _ . "'. , � ,ttt ,I-I"i+, : .,)Z ,,,,.. .. 'J �• t. I.'f'' ,..'F 4% i�.:rj// 1. it `.'rj':41 .,t. } .. 7, r .�i 5... µ r .' .�. I , 1` t'•) 1. _ i-,:; a:':: r .1'. �)•w ..i i } , ,rI .7 , f t 5 .., , t' V r, ,. rft SS , i.l.' I t J<.... �. ,. 1 ,f,,+ r� f I t r 1,..,t, r yy 1 1• 12',,, Z 1 ,.; , r - x ....� �- !, J,'-r,t$ '.. .. ,f- 7,» lr I .r.• ir� ' 4 { ri`1 '1, f-- St„�:-,t , I , \j{ t { ! f F i •Di i9, ;�''.,r, -:J!b: tr'"t !, `{ - , _ ';. f i .) •J1 ',... r(.i - ��.' ii• 'l2 f •. .4. Ik+.I} _ 1 # ,.:s 1 tx 'frlLi t ,. , r ._1 ,. - , + '•+ *!. Z•'1I; ,L i l= �1 ,4`: i =,.-I 1',r: r� !",'. �(I' ii, V � - 'f'�"a, � „ 'i t, - r ,,. 1�: tlj�. ,.5�:''ii 1 f �'>;Q.�, j ` t� ,t. "i,.5�.`,i "a'): ,.) ,1 4, .Ii 't r / ,,L /, <r.,i•i r A:.+ "1^1��� ? i'. _, rt. i , ),...', I' f t' It 'r` t .. .'T) is , IT,i i tt/+iI . '} * { `'t •, f .�4 , ,,r • ,., tii ' :;. i ',t 7. ,, - .. •,� ,r -57 1 tr t i- 1,1 -1 t i -! 1 l�, I - :/' It'- IV ' Yi \ ' ; < ' i ,«ran , 1 Tt 1 ZZ ` 1 . '' -,'a f'l l.f T- 'k::[. 1 i.+ ..+�" . 1:........r...,.rw+.,.�.rv.»w... I+. �.......___-.. •..��, .. Y�yI "�,ti, ,,�+ e �' � I , i, ♦ H Y i tt 1. t LL'. t _ .'I' t1+T .�rrw..r rw+.w.r•«... •....,... ,-.ti+.•....+��r 'I. ,,� l+,f'- t, !�i i,''.t' raiJ.a+_.arLx..+.`Jr•3kftwws.<+..w..: i.Lr:•2LAk{�n• { J { t %, j 4 ! ni }vL r ! - f1 C i•i-, .1 rCt i t, r 1�1 .,' iFt 'Lot 4 , 41 1. - fil_" tiY° 3t t $, it/ t { r11 :a'I: i !} ' .) 1 ijt},rr si} .J- r}tiM I J rsi; ,,t tr� .' I.4.. rrrtfN[,l',I n d ! r 1 ti S t« 1 1- f i �r�t A. f ��� . ' '( I, t,a. `� ' 1J The injured party shall give: written Iiat: C:e of default t �� n� xt t� . ' ;�I I; , j- r „' to tl:e party in default, specifying the defa:ilt complainee3 of r Ill E:cc_ t as regtlired to protect againF.t 1 i rl.,r �C' f ,.} ,t�,r i► ;; ,ir .R. 1' liy file injured party, p 1s 313 and '�13 of thin , !, =th a , � «� i� ` r1r 4'' Further damE1CJO:i1 And except f02' SeCtil. . t '` 4 ,,,Syr i':•1, ,y' '' Ac�ree�ment, the insured party may not instfiv a 4:�) days after • rr t, ILI ti� rV t 1+Lj t., f 1 J i �, •i�' a t y.1` tli''R.'t '1 t;.\'. ;" ie.11 again:�t the party in d©fault t:Iitil Forty- . 1.tr t {;t r. f ,, giving such notice. Failure or delay in giving such notice t , ;t - 1 ; r >,F, ��..,, r► r 7it-; shall not constitute a waiver of any default, nor sha11 it `,'N i � ryr ,.. �'7.';� Try'; ; cilango tl�e time of de.f,dult. '11 I" , . ' ` tt 't . zi It y.lt,I,; r , - ,a ! r ' �' B. (§602 j Legal ?lctianrt , ,' ' f�2, rr1 11't t iL} s " �, 1. (§tips j Inst:ittlrion of Le al Actions �, itl{tt I. + \ #'t ,f',f. , .,i�(� J.t r r,, >;TfJ11 In addicion to any other rights ar remedies and �,t7r �f�;��, (A `� I`• subject to the rer�triction3 in Section GO1, either party may ,,,; (� i=r5� f t)1r S1 t; _ it , t4 t '1 , Y7 ' ! : inr,titute Loyal action Lo cure, correct or remedy any default, • i s , 1 � ,{� _i `t;, , I �t �'`x to reccvel' damages £or any default, or to obtain an othex i...V. ► J". iz ' 0 `;1 I,« �'' %. remedy consistent with the purpose of this Agraemer_t . Such : ' �y ';, ,{�` x!"rtt_� I ,i'I the Six erior Ccurt o£ the, itIs , ,,, 1t� i3 '+ S1 :'..',��,'t) ". egal. tiCtion3 must be inctitut:eci ir. p .. It 4 i Tf 1;,1� 1 t h ., r� ',,•� i t CottnLy of Orange, State of California, in an appzopr�ate 1,%I : o };,1. !fir^ f� r r \ i , , ir_ - municipal court in that county, or in the Federal District t i,1 to S., F M���,t yl, ai t r,s �''- , F` t aL District of California. lit ? i Court in the Cen r '(( ` + Y t�."�Sr i .1 '' .1 , I•t�`+!7 `, . rX t3't:l 1 ti' I' iti w t,, { w , e Law tL"� ` ,71 si 2. (§6041 A221- R L � r , r�i� ' 110 .r , , i tD, I r 't y •� t• - r.i ,�' w ,4a` I ' t, Itl t t � "*, ,sti }t;! ,";' ` _1;� 4y*. The laWu O£ the_ 5, ate of Cttli fatnia shall gCVCrIl n.,!4, 1 - ' of r ' . 't� the interpretation at�d erforcemellt of thin Agreement. •rr r 1 'Si� 1' . Ai wi, �?. � i:t ! .. , „�tt .i �`, tS• 1 ' ` ' r N`' ' [ §6nsj Acceptance of_ Service of Procesr; {{ 4 1 „),ir t I11'. i _ ti t. i1 i ; "! , ' t • t 1 P1. 1 „ t , , 1 In tlYe event thst any legal action is caminNnced T\ , i { i, t , t, i;. �111,': by the Developer against the Ae ency, service of process on the ? V . I r�, ".' ; ' ,:ir:*•` "> , I' `' Agency shall ae made by perso:�al service upon the Director or r KIryr': ,,,.�� �1 ' '' e' � ct-,; e y:t iri such o;:;ier ,annex as may be provided by law. j�,iy ',�,`''A, >� ' t�t_i,; I�:lr : r, i Irt .1Ili the event that any legal action is Commenced t '1. ` t r , -,"9 A { r 1 1' lV -- tj ,!�, 1r' , I. by tl1@ AyEncy Egainst the Developer, s.:rvicp of process on the ' ' JI i 5 ,) a ; :' -a r r t i e t, } ";+. •;rr >`� ` { ?', ;.�` D; clo er sha..l be made by personal se: -vice u on a corpo=ate ��:` -^�� p P r . to r tr r /''i` a, ,i + '; osticer of Rho Developer and sha11 be valid whether made within , , iti �1' , :' t, . 1,;- "- t,{`'Y,,t„ jtk_ cr tr;ithout th_ Stat'e of California or in such other manner as ,,'�;�iikji t„tt• ''f rr, �' , ,? ,t, may be pro�-ided by LaW. s,.r`� *:�+�� t; ` -4i it ' C. (§ GOG j Ri�lzts and Remedies Are Gtamulative a • ,, I , . ' 7 t,., I ,-) f ,. rr .. , t , f:', .i.t i:. t.f,. .rr<lF+, + {+ it ++ tl tT , t 1' ; 1 '�t fi`=1� 1.," Y ' r Except as otherwise expressly stated in this ,� 1 _i'4, is It `' < 1 c . � ' �r~i t` Agreement, the rights and remedies of the parties are t ,�,�„ t 4� r ~ °� ,, f ,';r�I r •t�' �11 , ', ru-mutative, ar:d the exercise by either party O£ �Jl1e Jr 1Ti0�e Of {',' : .� !'' ks: t 'r1.,c` Lt, I' , .;',� such rights or remedies sl►all not preca.ude the exercise by it, "';,". �;r tt' t� t :t r , ft l., k-i i., -'' x�t r +' `Dj` ttl t. ~,• 8t the Bailie or different ti:,leS, Of ar.{ 7the2 1`iC]ti1t5 Or Iemedies �i ;�,f.a I I � ,,['i r `k r # p 1. the other: art ,� t 11�111�,�� ', I £or the ram_ de_au tor. any other default by P y• ,l ,� .r)�J ,A '�, t',�`, VV t R to �� } ", ! -1c•• t��'\i7 ` 1 ,U tS f �ijL • ,�,• r,,7r=r },, t•'. 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I Y' R I /::ttl ,t;-1 t'. �,{-7. •' .�. 1 t ,I i, ''t , r t - I , ,t i fir'!. Dt.Sf ,f, �. p t r x, , , 1• •;.f .1.__ , ,, t .i, E , �I :�, f ;f, <T,,. t ;' t y�'' i ,n i`,;. , ,tl 1.,� .. ,: i.' !, `+'� `i... ..r I':1 ,il •., . r; t 4 to a .Y"I -i. r ,, ,.tr. I! fr. - a1 `.e, 1., 1`, ,. "L`!� 3.,ft^ rl ..5 JJ 44 s/:. , :. rr ,,, lr., ,.:c ,i : I. .. r Y ,.': t,• I � " ,',.'..:...� a '" ..:-. ,.. 1 •.y .ji. i :..,. r t .,,` , . .1'; k'y........ ,{1:; ••, ,. ..r- -,�. 1 ':. ..'-':.1 t1 •.:. '.�I; _ r I �, t!,. ...,ef .�.1,: - ..Q. ,,{1 {'I ,.I <, %r r..i 4 r I E ..,: ,: ,•• t I , , .i,, ,,.! r.:,, .,_ r'.','.. :i �, i. It r N ;i• xfl' j,i` ., 4 g t' rrj• :�+.. f - it,,..1 t '.f •.,� •, ( :ri ,. r. ,.,,... s, ., 1.. .1 }r.` , ., iir:,r .Jf,.. II a' :+.f Y' .'F yv'+, ,, i1,.., Z• ,•i. t'}��!~ :i' 1 G",+I , J.r. Y. lif 1 1 1. ,r. .V, , �.! � 1 . It `'.ir._' .,.f.r, �� • +. _\ .-;'' ' f j� 4 rr r it T. �4i I� 'i•,f: } , j. Iit ": tf,ry .: V, � , -. f/I.S; 1 - ..,f '"*�" ♦♦L i. h r`i f•i "i'� j v , IK�', i. ' �,. r 1 1 , a `. •1 1 ; ; t a - � i t 1 j J ? ` t`S' t�,;-, !:r 1 \ 1 iT 1 1 / I t ' i � } v`1 'r i !3 - +,.+ .411,Is,x-f ati - �i'4p - r+ ,: f ,: , r! :- t� t' 11 c{{r^,: W? J :i +� ',t,. :111 •-;'R+ + " S i' r• , ,r r j !1, r :.I T .{ t{ fit< Y' , , ,` 1 ' 1 ,I i14 } i t - i,• r I I: r 17 - 1 �I ; Y; (! 1 , r j".�i'.:'j! iwlj+.Y ,it" " l; i,4„ II' Li,1 /- , I + I '11.i,.,x if.i, VTt.. r: I• 2r F �' ,'J.,,I ' I 1 I ,1 a A IJ 'I. 1t r! 1 it : e•y J0 • I 4' +� ,If ,�, x i , �4, ff -.. 1 i li, r' y ♦ 1,1 ..w..G n 14 1 : f : 1 r I, 1) -. _ 1 f iG-l..! .( Ct. , 'rt ',1, 5-.r,r 'Ti 'Iwf .:1 -•'fit .,.I, ,,r •1f a '1 j,4k 11:! ,,. II r, i sJ't ^+•,% ��. ti/ ,'t '.'7 LL rl !l + 1 'y r:i11 , ,.,,I ((.r;» Jl„ i tj ,y j A,.' 11' xc:, .,I 'tc�r 1 , I'ti..I% i ,..,, ......1......,. Y aj r—: _1 .; i+, i::r. tI f. ;wc 11—iN..I.,u.:r%.^w..:ItzT.2`i.r.:-1�"1+•.i�L. ,.., n,.«.�,.,,.......�. .ni�l.�„+t::Y,s.-1., ......L.i .], �.i.ir^4.....r •ar `C'.'�5 ii :L, •I * ` , ; ; `•1 ,,f r t':' ` ,fir' f . ft1 ,ri 1 - n 1'r 1 r r T I el ' 1`'+1 J ti ar ` u ' , 'rt �'`' D. (§607) Intictior� Not a Waiver of Default IF{ L it y'1 ,,J'"� ' ; Any failures or dclayr� by either pE]1•t:y iIl as$Qrting ,� , tail ,.f �� ,11 1' y ,.II "!' . any of its rights and rente-lies as to any default shall not - ! a ,1R'1, opQrate c.s a waivor o£ any default or of any such rights or fi , a �`X''� t; ;x remedies, or deprive either such party of ics right to t r ,`--• f('} t ,I"' r �, , .' . '' institute and m�sintai.n any actions or proceedings which it may " ,-�, I -I", .,I I} `,qrj`' .r, loom necessary tc protect, asuert or enforce any such ri(lhts or r!, (x���tt``. Bch ::t; `,i remedies, . - r 1. I { Ij t _ 4" ;{Y Vj 1 fi 4 E. [y608] Remedies and Ri�chts of Termination Prior to 4, t. ' ,r' "It ` Conveyance s• . I, �: r ,r, III '11 I ..i i t iI t�, t r, , TI T 1. J 6509) Dama CS 'I r'''. A :1, r 1 r t ii II'`. \R• " t ,'l 4 Ifi dither party defaults with regard to any of t i , I� I I, �� , 1 '�. - y ` xi iS7-4 41%I�' A �C r; I;, t file pzovisiotts of this Agreement, the nondefaulting party shall ` , 1, txy serve written notice of such default upon tha defaulting �„�; � ,,,I, -I �K¢ ,A; party. If the default is not cured or commenced to be cttr�d by j,.I �,r \lkthe defaulting party withi-r, thirty (30) days after service of ,I 1�k1. -yI�'• "` ,''' I ti•.e notice of default (or w:i.thin such other period as is set " ' r,, rst` Y" '`,^ -r�% r t' forth herein), the deiaulti.ng party shall be liable to the ` rII"- I-'' `,`} ' ' ! '' t otlicar party .for a:�y damages caused by such default. vni1 = , 'j:r.., t<2r } -,+, %a +l1a, , `, ' ..'. 2 • [ § 630 J �eci Eic Performance h`i , r,` 'y'w 14 I �� ',^ if either party defaults ut,der any of the provisions ., I,-%. !' �R' , , g g part shall serve wri.tten > ' }m, af! f, 1 of this A reemettt:, i-lle nonde£aultin y I `t "� + 1 ?I , t rt 1 } t,t a, } ,, t" 2rt r{ f t; notice of such default upon the defaulting party. If the �} r,H, °+,";��t� jt lr 7�1, :l! ,;7 default is not cured by tre defaulting party within thirty (30) 'I Litlr `_ " + Z' ' *,,i� ` days of service of the notice of default, or such other time .�"' . r:, I. ''' . ''j . J._ , t' ,`f ; -' limit as may btu set forth herein with respect to such default, f "..": � , J`t): " the nondafaultin ri r . N,,, �,, ,,1 r g porky at its option may A.hereafr.�r (but not ,gyp T :, ;Y before) commence aft action £or specific performance of terms of ,T yid"#{(, ,. 4; 1 .., .J `,. f J' ,= ,,1"}', this Agreement. t, .lj.°I r V1� .,1 ,"�`�j/ r� ,f.. f 3. [ §611 ] Tertrinatio_n by_the Developer '�YL+iI ���tr►f;' 'r I 'y" ' ; ; I�+k`';ry� ,'r- `"il This Agreement may, at the option of the Developer, be t1";�'f�fl,_,2!+�{a(* 7 terminated by written notice thereat A,o thy: Agency (a) in the N)),yY4\ t�Jr'`f , , .. , event that the Developer determines, and so advises the Agency ,4 { "; ;!""+ `� r -�',c,� ' `t "' ';,, in w0ting within 30 days of opening of Escrow, that the i 10. y; (�,,ifti`.{;�?L;I -; , - >. s+.�rfac.e or subsurface soils condition of the Site v►�ould ". s,"� " `'Ar,' '`C '/vfi 1 f 3 atkr !T 1•j t{C}}ii(�,1 ,lf ,," ., r' Y tY � , necessitate extraordinary casts ren3e�ring the proposed tit', A, ,., 1i " £• development materially ianancially infeasitJle; o_ (b) in the .,Mtt :h ,.. 1 ,�.�' ,t,'. , ', 11 '„ �i t ,.N'� , .t L. ,Yl,,,� 1�(: f event that t)ie Agency Bops not tender conveyance of the Site or f ,$ `'.t ` ,V, r9 �ef" ; .' passessi_on thereof, in the manner and condition, and b the up I !i! t� r,},cI ;� - , +t la's, ' �:: date provided in this .lgreement and any such failure shall not `c, ,114 V 1 irf ..�, r�A `� E !` be cured within thirty (30) days after the date of written �, '' i -,x `r }�{" ,` 3I t r lF', 1 c 14 -t?- ! �+ ? demand by fihe Developer. Upon such termination, axcept with ; rs<<��� f• f ,' .I_�,. t! � ~1 - r•. i respect to the return of the Good E'aitlt Depvs:t. as provided in IMr` i"" .11k ', 'r }u ., Section l0a hereof, neither the Agency nor tht:' Developer shall ! ! '; sT ;1 f* r '1 i i) I in >I , ..� , ., t a 1 ; I " �i tiw, s, JI 1.'y ', 'KI ! rIjlt` 4 g-r,'.t iA lI s 11 .its Ir : f/ I4 t i" ,IX '.j tllil' t1'r '�.•� f' - .11.�19J�6 ",if, rt'Vt T l�i i�i "',I;.rye„ r r, ' %F 1r + P . A ° 0 1", �,+ 4 i, :r pS ,7 i +tF((,k, kkj�y7i ,r,- „I", ' i 3349k`2460119 -30- ,; �f)�!;� r,. 2i �x'lrli'�j`�as r �L;j`rYJ Y It,`, I�} ! {'1' i ,�} t + ,,'y� 'tt t;iMf *;l i_ 1!! I- j111 c ,,j( t 4� Y !,jr "�.,L,. <;*_ ,V,"., • . ;,. ;:4`, • I' .1:..''^;: "•^;r/"++rvrT'...�aV�•.�w�`.rot"-�+w+++r'�w'I11sc[ltYii•2'Y:.'Aw'�!'�^•ti;vY:.7i"'f�-:.Tf1�*{�� ••L,. I:pt1'Af ,rr r... t+` , i{S F. '.., .; a 1 , .- .. < - ,:f!. ,..'.' ail.. I: .II IZ. f1t 5, ry #, Z_ X, -Ai •-"-.A4,1-:,,,.1 -,i.,, ,..r: '' ,, ;I ,,". 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Its' j' tlla Agreement with respect• to the Site. Tll% Agency agree[ tti.at l�i�+ 1t', '. ty,Ntf* .lk:? ; I tt , ' 1 s , -,; tt it shall not unreasonably withhold conveyance of thQ Site or .fit r, I,ti,. ► ,,` `,Fi, tifx I-,- that tltty Agency slYall T} " '' t 1' 4� 41 't` possession thereof; provided, however, f t;, ' V? ;_, t:ot Uu deemed to be actint;'unreasotlably i_ it withYtolds ►r4, J,' ', rlt C"!" , ,k ;. i conveyance of the Site because the Developer is .in default �..''''It r , ;-a" , , ` i.4, �'j� �_,,, t.i t�';: ender this AelreQmetlt or tE flip Ageticy liae reasonable ground :t to ,t : ' 'Iii,;< f; , -te ` t,}, 't A7 I �?y%' ,t` r °. believe the Developer i 'unable to perform this Agreem�:nt in Y„',ram 4�J ; 1 tin } i r l , , 1. '<'^ II , accordanl.e with itG term ,. The Agency and t:lie Ci cy agree to {;ts4;,�t a ;, , i• ,, t 4 ;k`' rI',�Q,Ir,.'' act in good faith in its performance o£ this Agreement, +}�, : ri,< r i'' I' ' = - provided that nothing herein s3hall be eon>rt-read to require that r _ ` ,' 1 ='it y the Agency or the City take any dircretianazry acLian in Eavor J `� i1�tl {C,I #"tl <T , ,, r+ (' of the Developer. Upon termination of this Agreement, all :,{'1•t r moni._s or dacument.s deposited by either party into Escrow salall :'_ I i.,'}'; r ,. 11.f;, tl 1 t i < ,, be returned to the party malting such deposit, or otherwise as " 1,". � r{ t1; t, "- provided herein. fi" t` tI -J, • } , t , i = ' t } �. (§6'12 J a i sky file Arc e11G t r, 2"".< 'Tt ,1j`k �I; 1'I i, I ,y, T rnt_ntati �n r :ail s.r��,ti ,.` &r r� i , C >,i. tl' l L !I I 1+l; C. In file @VCIIt: tlla't p,-*ior to the Conveyance : �i'I • Ft sl it''F st 1t'. I, r t 1 1' 1t '.' ! , _ Nlnjl ,"� t!1, , r'j t ,S� I f1J ' :.j1 , ;_ (a) The Developer (ot any successor in inL•eregt) ,t t ?`,, , j �Ic`i i�r}K + t.t�t t x tr t , ' a , assigns or attemptt� to assign the Agreement $ ;? r ' 'z 'itt ' 1 rt or any rights therein or in the Site in ra j) s. y_� ti'','�, i, r. •7 t1i1 violation �f this Ag>:eemenL•; ar f ..., ,,r1, 1rt ,�, r�,tl,� ,} ,! t ,; t t r i,r ,,, .Ii ,- , � " tit a � ,� ! :., (b) '1'nere is a cllgnge .in the ownership of the �( ,ki! f �; r , ,I1`� , .. t ! : tom'. , Developer contrary to the pravi siona of +17 fr L , Y, Ktl • Scctiort 109 hereaf; or + t_ t t !L , r 4 rr� 4J/ 'V: (c) The ueveloper does not submit the Good Eaith ` I �'t Itit ill • ; + ' r )fit+'t I `1. /1, Itr:.I . . _: r, .;,. , .1 .; Deposit tali the time established therefor in trt �} jt',� `,; ^w ',� 141 the Schedule of Performance (Attachment tY (i, � �; '" , s!: r ij`; ;,V t N o . 3) ; o r t.�+t3 �z i ri t ((� rs 1 (d) the Developer does not submit CertificatPe r r. , J1 ISM �#,,r. , t� i�-, , , O Y 1 4 1 i w i1 n F 'r' 't + I. t :' L of insurance, cot:struction pla:is, drawings II ,!:,, x' ``` 1 and related documents ae required by this k +` i'} iUtzI _+ . 1, i' }:' i' ' `fr+ A reement in the manner and by the dates ,F� tip; t r 113!L' J"VII ;.b" „i'< r,��`'rr respectively provided in this Agreement. lz -` al n� �' t :* i '� ! therefor and any such defaulic or fai Lure ;�s j�j'{tr'tti 4' 1, 3f "" shall not be cured within thirty (30) days ,�11 i c� 4+rra `"?;•�°K �,Yri� after the date of written dem��ld therefor+'by �jrF,,�ItL` t�rr. nt , Fr ,1 1t 1"O.i ;rx ,'!: #1 ; '= tl�e Agency; or Ti'r '" r, i `�.`��� C r 1./ Its l a,t4 ✓ 1�1 :l ail a3 r ,�{t� i a ,liT' 1Pj '('?�1 �dt}'t(� js aL 4ji . , r; _ (e) The Qeveloper fails to e�cecute fire Grant t, 1.�h 1 '1. ltlL tI i;1 �'t. �k-: ; t Deed (Attachment No . 4) by the time a: .1 yy�tt ,� � ;•, established in the Schedule of Performance t .'.. , tl ``�►, . , i t i 4 i t. i '"'°` (Attachment No. 3) fo.r the Conveyance; or It r° a ',i i t 4ri i , J t t,, } t , li { �. , t ! ,' rhr;� i�,` ? r •r:C,1 j!X '�`�. 1' t (f) 'the Developer fails to satisfy the ,, rr `rtr fit,-,�tl Conveyance by ,' ,t� ti i�,�ti: t I ti ?off f` yi Nki-', " t ' -'`� Conditions Precedent to the. t +{! �t 1 t r 1 1l t�' 'I , 9r. 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')1f.0 `W- , , )7) 1_II11I . ,,,t, ' )i" 1,� eIt4 I fi1..t;.jjVV , i 1� ; II 4 - II J.S! . ,. , I 11 I (I � t � "I f; "' y) I .�I I% 4 ,4 P .-'. -7�.I I?41 _.. .. ..:.,;qf,V..�t.l�zt4.�--.�tl-....'.$.-.,%,,,Ll4t,,; ..,:-)fl��!_ ,",.Xa,e�,_VZi". , ­.­. M�.','-0_ ;, 4 1 41I9r6 fl.�i �p4 4 4 fI`th 14rii,t. t�k shed therefor in the I . ik,­i;, � 4­Tk I , , ,'- I I Schedule of Performance (Atti-liment No. 3); Jf I ,1I4 I;r 0;lI,,�i 101, 1'I f.'iI 1 n o"I. ,1l ''! 1' 0­,., •­t"j"1", ) s ) 1.6i, I". Icured within thirty (30) days ,C1I lW_,�IO''. �,J­t I ,j. ,t1"p Vl( JI :, 1p t,�q, I � -I?) ,'1.-f the Developer or any ;,S­' I " k,' � ". k ',:,,ri i, �11#'. T ,;_1, 0 I I tV'tA4., )��'_,, r 1s I 14o ��1I1 , Ii I�—AI , i. "Ij�� - ��I �O­,- ,.,oI e-,_1, ;'Ithereafter neither party shall have any rights against the !-V`?v',) 1­?­%, ? 1other under this Agreement. Agency and Developer agree that it 6*,1 ;i;IT"` lf ! i 1.` would m M-1W,t4.4", ,.." . I.t.,1OkIIOri If1., amount of II, VcS. I.,-l1,Isa ,_ma 68 which v(I,1I. 91 WIA qf,,V�t L`Iwoul tai 1 ! '!"I$ f.l '-if ,I%j!I �t!­i), i41)"��i ,,,, I - II jR­'iD*6per Inlyiaere Ago­.L. I;,�k (--A11,yj;\I VT. -I v :)I"­l_-"I F . [§6131 V1j_I4­II,*"�,�;Atj,Jj1 ,#'1r "."­NL ,W'11 -, 1­ t 4Ii,f,`"_r%�t ..,a'....1fI J,,O),4"-TI!IC ; C, I -I tI-�(,Ii,� .0-j!ejl�'­t,rh I)" I,- ✓It ,_ , �_,N�, o II 11.,xI.f 1tX) of title t I �,.",�t ­'s...'M`N,:- ;7,'71,4p1:;­t,�l;1j ,I _ ,A; 1 e ,"; 1., I�('iIt f",_t.j1,Vpro .! '' i)�;I4&,4 I ,I 11. 14"'L �­Ol ,��"I1j(1i�J,j�I;�t­AV114jJ;­,",It4"­.t4� i _jq, 4i.1 I��party. 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" 1, $ ,,r"` .i fI­, 1­Y L-,","tf^ i '4IJ 2. 1 §615 1 Action for Specif ��,I -,, i," ,rat .,k"_�;I1Il t, EVt,, 'rI�If te clef ault is not cured by the 1!-­%.Y=-Vr 1Y�—."party within thirty (30) days after ixervice of the notice of t,k , ',Wtdefault, or such longer time period for cure as may be agreed '-j_-_A " S­? ithe nondefaulting party at its IiAi,I" ISI 'X1A- J #tn n n � ? I� a 1)n J­ i I�� "):i ,I O &iJ�� I1j,i21 t, .,I.l", , , ; ,,I �V��','.: G. 1§616] n sting Srran ij t-.0 t,'A 1 yace-- 'It,lr_1-�l )i .I " 1,- ; The Agency has the rightat its optionto I JIi�1I'_" 4 .r..,. reenter and take possession of the Site, with P.11 improvements 6 Ii­­11;',�,-,.,- '11�_;/1thereon, and terminate and revest in the Agency the estate , 11,­.' I ,1 ;1�I'' n n ,WI­ ­", ,C) '0Ylk),prior to tars issuance of the Certificate of Completionthe I.I,.'l" X,,,N1"1, %i1� s successors in interest) shall: , ; ,II I� ,111'"i 1_," 1- 1 4f(ZI I 4 t't'.,j), ",4 "s 4 "1. Fail to start the construction of the Developer ii�O� 1, i-.-I fr?�!va-(l1�,i1,f required by this Agreement for a v , ,Xt1I I *L k?�, 4,-v,r- ; k 4Xt per h 'MI"r--,,,iiJ ,, i 1, , " I .4j*�I�,I� written notice thereof from the Agency; or h,-6 ;),J.f.,%O'Ix cQr 1.1t4 Mv_ . ,)I, ,"tf2. ,i�Y1f,; �JIA —,PI , h 1p, 4 ht ,,- "", ,,� %�,'.4,� ,) i I j&�1 ) ice thereof from :14 ,f­i'. ''lilt" X,.rJ­_­LJ1l_tI .,, ,* .I-1-A1 14 , ,_tdlj I,4 WI 'f It",- 1 ! Ai , I 3. nn .4 "I-.t­ , 1I . 1I-�If,...T"il.-,f.­.�"11-I! 1a-I T­_7,1 I,­, , � k1#1(," f ij �0�_',­n h A ,,,r-,A11"_'t_ .,_ i.. "�1"'1�­I . ,- , I544 - "1 1II-li­'L'4T4­I ",-t�x:, Agreement. )Aj JLli1�11`1Q,".s 7 1�!­1­ , jfoi�0t�1I 11, k;-*j.',i- .!I 1 1 ,. ' , � f, 11, . � . �M f 1� 1 i try, 1-,*i.i:,, �I : n �iIi �T!�r1,­-o"," '1 4 ' II�..- .. ,- 1 e ,`J;S, 11s n limited by and shall not defeat, render - ? I % I.1t%.",5 * ,­I­1_41,- i.1-M; Iv4E ,��-% r/Ii"�� _� ,I % lr'',tI­O"T',�r�AMA"P ,itJ_k��a 1. r !-, "..1,,,,J! {tglr ;­,i,"Olt­I—l"-, t'�­I , ,.M 'P i­ t'$11j, ',.L,I J I I .,- 1_­A"'44 ,,;,p�4, ' I 2. interests provided in this ­L-, ,n. 9 .K� I�0,T11jAJ0,4A ,""—I'L"I , 1, 1,,�,,".',V,t ,,%J%,JI``�j,�W� .,f;", . IV I I:!,; , I �i.4E- , I(J."/,�Mi�76 A(y�'A ' ► ; ;, i;j.�I1h lished ithis tO,iE'4, 1 fifIW;V-­t , klI1,I-1.1n Secion 616 shall not 1�,,,",1 I i Y,1"NIil_bijiltC4.1t1fIY— -'h ."f?i�­ ff-,�",t "e Wtthereon I"4 � , ;P,l."Ik,I,:I-tI( ;Iaccordace witthe Agreement h " # 1 "­lJf, 4 Completion has been recorded therefor as provided in t I. kv.. -U�-,�vvI ,Ivv�,;I�t, r 11J 0,Yi­;-I,­WIi,.,­ 7 n +." _Io,. I , fI7.,,;� "­,.',' ,I,1I.,-ktI - lJ I V:,',J(J,,,'it,J71*I,A.,Xi"r ,,I*.-! t6 ii 1r",40t;,pi-,t;, (v ,: . " -f,JmP"I ,I , .. I , V ,, ,- :11 X, !I�"" o RZ4iA6r.;.`. ,,; .,t,'I� . r - " . 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(' ` t v 1. } ; .,' it fFt 5 L olei 1� I' r,i ,% The Grant Deed ZAttachment No, �) shall contain " r s, � y �, :� � tyapprcpriate reference and provision to dive effect tc� the r �;rt+ ti' r t'. , =ij 1+, Agency s� right as set forth in this Section G1G, under + , ,t" ,il �tiI ' specifie-i circumstances prior to recordation of the Certificate �';ir'„�-, 4,lrl I- `_ } c°` �.'-`4 + of Completion, to reenter and take possession of the Site, wi tli 17t�'\ l 3 ,, • F' ,0 :- tiIr j,,.. ' all. improvpmeltts thereon, and to terminate and revest in ;:he . _` r',rsI "' t, Agency the estate conveyed to the Developer. The Developer =A! tI f. � f t =!A " ` `t agrees to execute at the request of the Agency any and all ^' , �ti,t t?, , �t t 1 t t, i ( " aocume:tts necessary or cottvetlieitt to rite reverting of, title to { tf_ t +� ! the Site or arty portion thereof in the Agency. ' . r �,� , r tJ,,l 1+r•. • , t rj 1' l t� JX t Upon the reverting in the Agency of title to the Site ,t,' ' as provided it: thi � Section S16, the Agency shall., purs►.tant to -.` '! � , ' I r ,:. E ' its responsibilities: under state law, use ? is beat effortr� t.o `. ,;:r +' resell tha Site as noon and in such manner as the Agency shall F "� ,f;I Y1 iC- h, t I! find .feasible and consistent with the objectives of such law + ` �' , and of the RedPvelopmettt Plan as it may ue amended to a t,,tllt if , k,r t. qu3.ifie.d and responsible patty or parties (ar, determined by ,L t '� ' _ y ,-t 17 '} }� k :tI ' fate Agency) Who will assume the obl tgation o£ rumpleting the ' ' t �Lr�` + ,. Developer Improvements, oi• such ocher improvements in their n'. A. �1, '" 1I. `' Y ,( +'" ,. stead as shall be satisfactory to the Agency a:td i:t a.:cordattce (F,1 r:;.,! f, iF 1",`'" ' with the uses specified for such Site or part thereof in the 54 71 '.10 " t`�) , t '`, �,. is `: Redevelopment i'lan. upon such resale of the Site, the proceeds f` s t r5, { } F r thereof shall be applied: r :-;t` tt 1 YJ , '; �%I t4 t, J 1. Eirst, to reimburse the Agency, on its own behalf 0'. I,',N, R '+ ,Ft`/ or on behalf of 'lie City, for all coats and 'F�,f' f#,C, f ' `} ' ` �; incur red by fire Agency, i.nc lading, but � , t r ; ' : ,k r' J expenses t , `'.t,f ? lt` not limited to, any expenditures by the Agency Gr �v �` .I Fft -,* :' " �, �J;� the City i ,,.��, :, ,�"` % ,. y tt connection with the recapture, t i,A. 1 "- r ` ` , r, -J•.' ., i ' manageme:t and resale of the Site or part thereof t ►•►�f 1 r;its , r'�+ I - r ­III!(but less anv income derived by the Agency rem ", '4'" ' `''' 'it-1 .W. - ; F4+\ fate Sits or part L'ltereaf in connection with such ,; ��;rnf ,S` r i t) e l { . '' management); all taxes, assessments �,nd water or y ti"��sy�•;,' c; ' y !►l, 4'1 F t :2 ✓ r a a. L�`.1 Ji)VX1 ei ; l +r' i sewer charges w_th respect ..o cite Site or part : ' at!: n Q y, � C (t I, ,; } v , tr a <•-' X I ,";�; rr thereof W1tiClt the Develr=per leas not paid (or, in , ��,tir 4r+il' :t t3te event the Site is exem t from taxes `�'t, {}ctTr�;4 `' ',;I+� , p t. i o:t o r t , assessmen� or such' charges during the period of lira„jF . }+1 _ ., ' i,r , '. � 4 # ``, ' y Uwnel-ship t.ltereof by the Agency, an amount, if 1, , } i ;t l" YI, `-t 'i'� a r, paid, equal to such taxes assess, + ` ' r, ,: "sT. rI1 `% {t 4 •nents, ct `. s,s� , E`� r `S r , > E ;, +' ' - charges as would have bleep payable if the Site ti 1, i a `,� ,P' j i `,'`' t*`r""< were not so exem t an a eats made or 'A`(at'T; ..* ~�r _. `)' .�lt r',tl p ): Y P Ym y J r i J, 1 7 trt ,,;Y � Liss ►.�.Y�J.t ! w), Lip 1 _,,_ , necessary to be made to discharge any i L �4�`,'?J• r'`; ;'34 , 4;i,r ? } eriCUfiL^rariCes or liens existing on the Site or �' ".`t,,,''".� �.' part thereof at the time of reverting of title f i 37, ♦ i � ' '> < t Pia thereto i:t the Agettc y, or to dis3charge or prevent '' 'SSA ,rt " J'r irom attaching or being made any subsequent v;tCt`rr sue' 'j , encumbrances ar lietle due to obligations, J ,,' ,', rt r defaults or acts of fate Developer, its successors c t `�%' •. , l";-, ,`Jr;, .i or tran4ferees; any expenditures made or `:,'i y't ' x .t1 ' 1t' obligations incurred with respect to the malting ` /tr ' ' `' or coml:le tion of the improvements or any part t ,� `4! - I. 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Y, , , ` I ;`: i wr • 1 ' Ci' r r1 ` , f;t, •, r " I' �1 =•r t, T f + t ... ,� rt _ :.:.� ,, _ .;., t it >., Y y, . 1" .. `,; .' :t,1 !• r.f: 1, ,f ,,�t '-,AYI,,:;M�4,1 rYl "� ' t \ I ! t ._, t _ , _. _ . , . ,.. .ram r � �' ;' _.1'i , ,,,., 1 ,.,.�r.w..r>,.i_cs....,..._.MtJS+1Y,.i.'tXlt..HWwnaw,.e.r.ai«_✓+,'4,..r,pt-/•...�-...._.,-....,,i�.,Y..t... ..., sir .... ,-r:1 ,.,,... ,. .,..._„_-r'.7..i. r<t,lla. •:ill, ....,:. ..;'r +�:..f ,'f+. r .. ?, c , f ,t`.. J it `.,. �� , • 'i >� t r t psi °r: (` p ' "-,O' `tt=` 1" , thereof on the ;Site, or part thereof; and any ., ;1; y %7 ' 4- i �' t, :, amotllltS OL11E'rwise owing the Agency, the Developer 'tr „' r "I, ` '` n ;1 : � ; and its successor or trat�si2rea. attd ''t2:' t ' rt i' I i1�)`�iN Aa �`` �, t yt,' is t 4, ,t? ryy ' -,-,- .'' �ti1 2, second to reiltibttrse the Developer, its sttccerssor ,. �' f, , t c,r l� , 1► or transferee, up to the amount equal to the sum �". !4 , IT t } r . l` ' !'t` :t` t'; ,.< of (a) the Purchase Price pail] to the Agency by '`;4 ��` ,, the Developer far ti.e Site, (U) the costs .tttk s �' f' I t `;+ 1 < fr' incurred for the development of the Site and for =x� ' ti l r the improvemeltt.s existing on the Site at the time :,• , of the t•eentry stud repcsaeasi.on, lees (c) any t ,tz se�ailts or inccme withdrawn or made L•y the �` I " "+ Developer from the Site or the improvements '' rT 't Tri1 I, - ' -I . :.,'--1,I'-­� - 6�11, ,-l.;'­ ,',,,, --:.­�1 1 : 1,",:,,.,­'�!-, �"� ,""1 iI1..­:,� 1_'­ 1­!-.�i ,,`,­ ', _. ­1-,I -�I, -.., .1,,I,i,­ - ���,1� l.,�', I­."1.-,,�.­,,' .-a­..-1- . !`� t thereon. , i f `t ji ,' tY I)w ` !^ ' Any balance remaining after such reimbursements shall ,c40. l,at;�ft,ft{ f 9: `T 'T' '' f ,t lie retained by the Agency as its property. .'I. t I;W rk,r 1 { , r - a I-�y E.^ f', f t�, is + 4 The rights established in this Section 616 are to be `;� ri t.: rr;'r , ,.1. ,.�,"i ��n t }' ", '=�-t" t ' interpreted in Light of the tract that the Agency will, convey .fE , '". i; -, f•' rJ'' the Site to the beveloper far development, and not for t�`,44', 7V y;z,t , 4--1� speculation in undeawreloped land. s, ,, T4, r , Y T ,Jj ,'y, . .,i ,..ti • i,� , 11 ,t.' � 1 �,.' VI I . (§7001 SPECIAL PFcOVISIONS t `q.:" r',,1`,._lr3.L,q?., `, i ' T . '!$ t . t < i, 7 I ' ' S') 1,` I. 7 i 1 .•.i,, 1 �tk `t�'.�: 1 , •� :, 0 A. (§701 ] JSuuybmission o_f Documents to the Aclency £or, r{ �, ��y;t r ` t �� 7t�. r ApprOVa 1. _ t Iti,1 `I{` FVi , -j' - 7 f i } lya Gr .I, 'j r } fj ' f I ,t,t J1 � / '-t ..1f'{,�,�i, , ,, j• trr .. ) i y'tti .: ��henever this Agreement requires the Developer to y,ct�i,',TV `�.'+t(' �Y.1,:;,. �Y '",,, ft )I-- submit plans, drawings or other documents to the Agency t°or tijp�':i'`'r +5� ��ilr k / `1 T , tt ' r ti `r'. •' }, 4 :< A 7rlcr ::iC ; � approval, which shall be deemed approved if not acted on by the ;`I!(� �tr 1 ,►ri}` t I1,­,`"t­ - :A"-� I'� . '.-.. '"4,I ,'- j� 4l. ''z ,` r `, t;t ; Agency within the sped f. ic:d time, said plans, drawings or other , f1 r✓'^� t] 4` +h,, 'sf r t f documents shsll Ue accompanied by a letter stating that they "�',; `LL '',l , L1. .'���;1�":l,— L tit r'};�!{r', , ','%, _ �`r! ;� `, �? are beitiy submitted and will be deemed approved unless rejected 1 it . `$ ; t 4,,�: , t � �' by the Agency within the stated time, if no tittles period S :f t'•!�ryr*f k,!t' . , �, ,�s specified herein for such Agency action, the Developer. may I ttr j 1, ` ,t,' AL lT t IY,, r rr ''1 _ 4, .L,^.' !•aril• ?'� 1a3 tit '1 �i,� 1 . A"� ..11.% ,a suUnit a letter requiring Agency approval or r�ejec..ion of t 1,. ,r i t' . 1- .,.!, ..'� .­�, ,�-I1"., ,Q1. �,�'"- , ..&�,1"', .i,i '1�. �-., ,V�-,­1�I1I-�.I"- . I� 1Y, - .II l .�. �iII i',"., '.l,,, '1, I-"� ,. . 1,V!............, �, I .., .,,� , ;1 . � I ^'.�; 'rl',t, + `� �, documents within thirty (30) days after submission to the ,�� ,,at�t}r ,,z,�.4 t! aA- "t rlirtSe ryt ` ;a Age?:tcy or such documents t3)lall be deemed a roved. � tr,+t�'s�,t'F� '��'�j i r , i ' r ,4,, if, 1?p , t ,fi st :x4 } `! ? ti { 1 t kh "'� `.. ,c % `i`' rf l 13 • (§ 702 j (§l:e nerved j 41� , t'';+ ' L ♦j� Sri ti "'� 1., ,� %,1 ­ ':­,1 ;� -.4­. ?�.-- �,-.-1,II , I - ", . ;. ,-II .., . ­ -i , ., —­ . .- �L:,- , I,'�� , 1 1.JIt 1 . ,, L -�- ,2 -- , I , . ,:�� ,, I . S :, . etc 41 rY! ,f . L );:0 'a tt r (; < #14 17 4 v y: ' r ) 1 , ,_ , 11 1 S'4 ' f ,,{r Tf,., I K, , 1t ? -., , I - ,. • f i i — i1 y it,,,,;T ,!, e % I I " ­ 1 - . , , - ­ - 1 '; �,<r A ,- 1 ! r r . t � , , -! , M 1, �!'i ",j( , : , ' . I - , C. (§703] (§Resezved] D. (§7041 19BesetvedI E. (§-4051 Real Estate Commission Each of the Agency and the Developer represents to the other party that it has not engaged the services of any finder or broker and that it is not liable for any real estate L?,/19/86 3349)t/2460/19 -35- f�• n,, � ,•�, #lvi''tl 7S'►!{.77t1-�. �7.......—w�.,w....,...�<.. t f '- &4Y ;.--,—..—.'...• -. .'.rw.._..,_,_.-11!. 7, "rV%7 , ! f' i r. t. r {f I t. A t, 5 , LL t J rr'I ( ti, ' • t:*iKi/ ' f ti; {,I +rt�Y" ', i�,Tr f., 4 ! , t ,, :r 1! ,t� r %�,. ! t' , t l . f r'' �f(j4e,f '�� *fi Jf,`ff rJ -.! a' 6tt' I r1 r .'r'! JJ' { t;,,' yr t7 a , ,,�- ! , -R. ' -: �,}[� 4, t," i n 4; rt% r ,'.t r 1) 'r. t , , , r ?".IL) 4. 1�'it ,".(V , 1., rS , ! f1 + f „ , b� t _ r 1 < . ;rir 1 Zt W "'A .� S t , ! t . ! t 4 o f f t . , :, 7 ,V ,., „1 <, ! �,��^ r :; , ;; ;, t , r , ; t r fM: , ry ' gj ff (r a 1' !}. I. ,? ti 1, t �-,r a} ,' -t ` ' 'ir 1yr �, ,,� r �Jn t }}; � d. 7 i'r< t `, r�� tS3:,' 1 �' ,� 1 r !' 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I 1­�;�;����i"­�.�,1I,­,:, ,r ! - , " ,­. , ,�..k�q.'_� ; �" `_;. ;,*­`._� �­,_1I1,,I;'"!V:,��lI­,�';, ,I�­- -',l�.1i "I�7, 1. 1.:1 , ,, .,,`"�� 1 .;'1, 1�,. :_�I ,��� I'..,�� , 1, :,1­.';-*. ..f� "",. �,'I,, ­ II ­I .,1,. � -.1I, ,,,�i*,�,-,.­ �,"",�..­�.I5I " ".,..`,, ''I, Il,. ,'�.i..,I "-1.� .'�,j.. ,�1 :. 4'_1.'�.1�. , I �,,,, ',i �lW.I, - , ;­-,.,(, o" ","�..,:�.'.,�,"I1.,,. �," I-. i-,�,1.. �,I �l, ,., I", �,"� .,v- .��,,.. .,;�V' c V, c, d ry, , ` , [ )_1'1 r is $ 1 '�1 7u .' i; it Yr J ' f. •� l... r \,:1 I,l Ifs t II i ti , F _ ,,.. t t` , J' < .. , ;LLB t, y4�`I t ,E Y 11 rr• i•sr , f11 t t .. ,-. J ,i t t ,_ , ,:, . , �1 ( J r r. , _ .- ., �1 , t T t d, r` , ! t , I,. 1 r I. _ ,t ' , . S+ jy 5 ,, 1 ' - , , .' ' I yr 1 ,Ii ,� `; r ,rt ..t,+� ; r 1.. ,l a 't+lIltr 4L -{ it / ,J}- ' •! Al1 ' :� J" ( t II t t . F i, ;� I t in r i'i F:y [ II ,i JI^ 1 s i a, �' � f � ,, t, t; i i� 1 ,� �ry t 1} t,' x iI�it`- i.i'.Y} t4l: i }t „,�I (t. eIA ill N ' ,: t: --.,.: , 1 - i 1 , , -.«..,.............�...T._...,.., ,. -e. ,.a,,,-�,.,•-r_, 1 : t, + , } 1 I ...i,S n, , f.. .r kl, �'t.'l;,:'2+l .:v,.:.�,......... t. TI1 f..; y` I'ci ',. + , i hri i., {il j ,1 t `11 1 , �2'S I •. ;':'" t.01 ,i(%I l commissions, broker•' a feed:, or finder's feed wlllclt may accr-tte ` "C It r 1 Ley mdana of t11e acq+lisitiot� of t1tE Sited end agreed to 11o1d , i ,, U rr +• '' I it l , ha'tialess the Other Party frOtn sUCll comma asiont3 or fCQfi as ate = ix al le ed to be due from the party ma:cing such repr esettthtiona . , ,1 ��t ,,1 ' ' i g �V,� f. �[tl't1 • 1 t: , , i., 1 • E. [ §7061 Succeswors In Ioterest ,tkw,,I,,Y� ;' 11 + r"r IL11f: t;Qrma, covenants, con(aitions and regtrictiotta 4f { t `;y1 t this 4graement shall extend to and shtt11 bc� binding upon anti •�, inure to fire benefit o£ the heirs, executors, administrators, t "14; z z . ' s11CC053Ars and assigns of the: geve).opQr. t } •• •i cr ions im o�[ed by it' 1 + ltpon the termitlation of ..11r. _estr p 41 't., ! • t4: 5ectiotl l08 of this Agrecrnettt, which terminate uputt the I _ # - issuance by the Ahettry of a C«r tific eta of .^ompletion for thQ r ..ts 1­rJ ! 1 -It +, : entire 5it4, all of the terms, covenants, conditions altd i�r ; ' ,1 1. i . restrictions of this Agreement krhicIt do not terminate upon the H, • RrI i'rJSU811CQ by t11Q Ac�a11C�+ Of t11Q Certificate of Completion i01 t11` t��t' t' Iv, ,, i;�; "r�� r entire Site shall be deemed to lie, and shall, cotlstitt:te terms, �,,,, ,,, . , , t �. !t .',r,` , -s r t1011a atld rC:itt'iCtlOi13 rltt1ning with tllc land. �,�'.;% s�s7 ti <rt7 . CAl e-nallts, .,ondl r � ;w; Y �_ j� I`t + , z: ' f r, ,,,t i, , ! C. ( 67071 Rf1cordati oft t 4+,s .�NNt t ) f 1,1, tW ` at`' ' "'rIt is hereby agreed and understood by the Agency and r i, r t �: 1 , r 7,; ,+ . ,J, the ,evelopar that the "Memorandum of AgreEmeitt," whi Alt is ,1-x� ftf �, r1,, Y ti" , f. } 7 and is incor orated herein attached hereto as atta:hrtetlt rlo. P •r''"7` ' 'tl,'k,,I- ' `'' `' .., by refer arse, s1ta11 be recorded in the Office of the County 1< ",�� t Ic s",i rY `.,. ,, a,t Recorder of the Coutlt of Orange Ammediately upon execution of S+ I r' ; hif lr Y z .r t,� ,);; ;f this Agreement by both parties hereto, or at such other time ;is I i%�.t; �,{t'<,Rr'Tt ,w r the A t1C i l 1 Yk w', . ' '';r :5`t r may be designated by ge y. t Tc+ , #. it {." r r { ,t .._ , �r, i J;JI > J t,t,ry =,j�+y�. 11 ,! 1 # 1 t y ti 2 ••.1 11 t,ri 11. t § 708 ] Ametldmelttr; to this Agreement f r i= j ` [ ; t . �',. Nt . ---- ,I y f ' ' 'ti �[: t! —� ` ' i Developer and Ageltcy agree to mutually COtlaidex + ' iF: •'ru, '�It.`1, t t which may ;t +`} 4+ iIyrr� �'�t: f�ts :.� ,; _ reasonable requests fog. anend;nents tc this Agrc�emer. be made by lending institutions, or Agency' z3 coutteQl or 11"i ! �'`�` ` 'l �1, t )�,7 lit' .��1 +i{2�+ , t tISLt�++' t �� 1;'l1; ior ��_, l financial cot:sultants, provided said rncltAcsts are consis.tetlt , ; ',), ��1. ! i ''"" ?I(.,�,t; �� with this Agreement and would 1101: substat:tially alter the basic ,t. k;; `} ,S1 i}s JJJ N i ;', � ' 't`,f ` [ ' ��usiness terms included herein. u'f�4�� ,+x`'f' :,� ,1 y- i, : �, ; _ . , t I _ „ i. ,.•,l r :1L , i flij `I '4� e. t /t�. , ' ", �� =l i ii ��v�?:�t,� l am' ,}rt .{�j t-<f t `iIYI. (§800] ENTIRE AGREEMEtZT, WAYV1rRS �' f 't r }y •1 i S y 1; tYtrVr`I•J A-T r <<I' T11i5 Agreement is e?:ecllted 111 t1iLQe �:+� clupliCate ! 1M." i Yni:ti,`r 1'1,f. iC ` ' 4` ' ,''+' originals, each of which is deemed to be- an original. 'This `� tf,' ii+",:]�, o>rt, x [l '4 1 ttl%1t %+F Y ,� t ' jLl, r.,. t t., ,+ �,, ? Agreement it�c ludo s pages 1 tilrouglt 40 and AttachmP:lts 1 tlsrougl: 1,- �y- t' ? r "�,f 4t;'l`t jar'{to;.. I>tt+7s: I '." I 7 which cotist.ittttes tlla entire u►1der:;tanding and agreement of i t., �`.� Jil 'Fta r } ' l [!�� YV 4 try. . ,:A;'+ t Ii 1f the parties. , i r f , .I!._: , vr ( C% 1 r { , f f �I " ,''f yr. ri :.;1. J. [ _ ' This Agreement integrates all o£ t11e i.erms and conditions fi, 1` ' u '_+ Z.r[ ,I + i 4,1 ' ' '�'•1' ,f ' {tt' i I)r incidental hereto and supersedes all , t,' r:��: E{ .I.'tJ I .r 11 r tts mentioned herein 7IIjI -,-� .­ r , y,s ��.,` ";,' 1` 1 R •t,.,;et' �. negotiations or pert. -virus Agxeemetlts between the parties or r t .i� , lk A �..;`-1 t` #t't , r rr; � 1t7 i1t Is hr_ 1[ Its I + t rt , rr*% 1 1'. Iz rS . 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'-'',Q, y ;,.J, -.,r, {,: •,';+:�) -,., (�;. ,t. .I: 1 ...t:,,`•i} t ,r'•�{ ! _I. r•. y{�,f..,I�, ... ,11,,_... ,..1 ••i•.�.5. 1 ';Y+'Y. `1YI ,:. 1:�'� w .r }.• : rI, 1 q't' f ,i ,; , k..;,t_ rf ',-' �'``', t fr ,C f t. •. Af' r ,.: , /r ,. �r IYf' R.: =t•k• - i. r I. " '_ ,r.,. ' .+r f , �,_t1iL1 , ! , ..., rr•l.: 1 <K:. ... �, .,,.. Iy' M; `f. .. •'G} ,. y,l i'r - 'i' <+3, jl �,: iP:*'r vl l .v, 1 ., , i ., ! ., , .t i I 't} _i. 1, , d �j "• '". , , t-. , , -tI` lei{ Yt,i'•r t.' d7/r►,4 J­ IN 11c f- W % 7`1 J, J their predecessors in interest with respect to all or any of tlie subject matter hereof. oo; I _. All waivers of the provisions of this Agreement must be in writing by the appropriqte autlioritics of the Agency and the Developer, and all amendmr—pits lieteto must be in writing by the authorities of the Agency appropriatethe Developer, z In any circumstance w1if-re. under this Agreement either party is required to approve or lisapprove any matter, approval shallY , z not be unrcasonably withheld. ix. 1§9001 TIME FOR ACCEPTANCE OF AGREEMENT BY AGENCY t, This Agreement, when executed by the Developer and delivered to the Agency,, must be authorized, executed and .4 liar 14 1, d-1 ft -4 aie X to %JU"1-y VAI OL baLore thirty %30) days axter signing and delivery of this Agreement by Developer or this Agreement shall be void, except to the extent that the Developer chall consent in writing to a further extension of time for the autlioriZation, execution and delivery of this Agreement. The date of this Agreement shall be the data when it shall have been signed by the Agency. kj j 'V It zw- zlo Vj.- L Y. f I j 4 3349k/2460/19 -37- 'A U a,'Al %7 4 Y, W;o�.JLt . . ........ IP j y 14. Off, IL 4, o: f rJ7C� rye ft % ret♦ .0 v­iti ,., . "V to " Y .4 o s 'toi- T14 - -- j 11P'.1II,.k1-,�ri,.;�Il�;_,�-�.t.I .I!", ­�.1I4," �0 ...,�,..��I�iI .1 , )I i, 1 . III �I. I- I "j'AV--I.. 1iI , . , -I I "-,��,. -.-1,,-:I . lI. ,-­.I'_"Il�. �"I ., 1,­_I�-I,,�­. � I, Tk. ,% _ II .-* l,­1.1 .--I�.;1-.., ,1t­ - - ­ . 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' L ., Ifl v Ii t ( �I :4 3 J n + •,s t } Ni •V, t)j ye t+,( t rI, t,c t.:^. r•';c ,F ,, ,.: On this day of , 1986, Before me, ,, { , ?V t'r, r `,, the undersigned, a Notary Public in and £or oaid Stat$, I9 ( : *` -Nf + �, I pexsonall.y •appeared , personally known to me (or ftrr r , .i proved to me on ache basis of satis£aatory evidence) to ::� thQ +ri ' '„'' 7;'( ik0j'd person who axecuted this inotrument as the Cha+.rmar. of f tt �li .11' 1 , ,t • �r'F h`UNTINGTON ElEACH REDEVELOPMENT AGksNCY and acknowledged to me r , t , ; - that the HUTJTINGTON BEACH REDEVELOPMENT AGENCY executed it. 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A �r' (r%ir/l� r Tf t ��+k''" (S1 ,` �S}r, f• : �( Lr i� .. t , ;, 4 a F� +'t J• h f ,[ •. ., i . 1,. C j{I-AN t + ri , t! '' rZ-%. yY , A STATE OF CALIFORNIA COUNTY OF ORMIGE 7z On 1986, Public in and for raid St personally Icnov.m to me or XLatis pctovy Iavida=e to LAKE STREET, a California that executed the within that he executed the same a California limited part -41:711 �Z �e; - A. 41 4 j 4: t7 before me, the undersigned No ar ate, personally appeared .Ahy, be the general partner of BEAC11FRONT limited partnership, the partnership instrument, and acknowledged to me on behalf of BEACHFRONT LAKE STREET, nership Nk I4� ! WITNESS my hand and official seal. OFFIMAI. SF L JANE REILAND NOTARY PUBLIC - MIFORNIA nTV LOS MIGRFS CMITV JU 14. 19!3 My cwnm. kipIres 1UN 14, 199 1 7 fX1 r. io. I I v, lit Y l"', I 11/24/86 3349k/2460,/19 Votary Public Y. - v Ile A4 44 F V .4 4 t "Al flit f ye ur ri. I - jh: L) q I fle as ry 7r 4 r. ;I ti 14 - lYl, r7i" 4 ILI'ii Nt Al A OF R. RIW I f '�ov ku fk o F=� o KA 80; &K. 704 �� f "71 LLA tAR A NO. PC HLN TINOWN LAKE G) AN P/W) 0 604 P A"M' 09 eel r:Cl2 t t5 A s do F W .! 1.41 P, 0, Q7 r lto�jj,# o; , , 't - i'' '' _ " _ ­ . ��. ffyt v; r t i 1 J I ' 1 r �'1 . , +. ►{ Fs a }, i Cit j \ 1 jr 11 n N . i '•. 1-,_�i��i.iiWilrturi.'�.w-.`�'iKy3'f�fR�1SLZhTh1M1rCt!"�i.�JA4�,ln�•i�v�ee�ngtM►i+xtaAtMsf�vayMMQad 1(�[MwVR�X.:.11r7ft Y.� 4 STATE OF CALIFORNIA COUNTY OF ORANGE ) } 1 t f jt ,.4 ; On I /' ��. 19 ,��, befor me, a Notary Public of the State of Cali ornia, personaTly appeared , known to me to t ' be the Ch3lxman of the Redevelopment Agency of .he City o Huntington Beach and the Mayor of the City of Huntington Beach, and Alicia H. Ventworth known ` to me to be the Clerk of the Redevelopment Agcncy of the City of Huntington1; Beach and the City Clerk of the City of Huntington Beach and known to see to be the persons who executed the within instrument on behalf )f said public agencies and acknowledged to me that such pudic agencies executed the same. '! OMCIAL SEAL l�d�l�fpa�uAA4Li�.ON/��5ye� t�Iuj�I�Qycoo �� '... OKRN Cvw��n e t r, aL.»al,vtr++.-..^--_.. ., .-__�„�.�-+.a.�..:x,r........nsi•, r•.•nr•L"+r..,.• vr,. .r, r-. w.n..,.ar ,. .n._, •rr!!i•�t �Lj • ;:1 " -. .•+1..:....•,,....,�.�r,.r..a,,.nn.....,o wr-w.rr•tV"•'.a:7T -�s`i,t �t�1 I ! 1. f, /, �t r t j r . i X r• 71 • ' a '. , �'� 1 _ 1 � IgfJ t ,! i ti 1 if ,. Y•• ,.Y , I•, ISI. ! .. it _ [. r. --,nry and tile Developer have -111ERMF, the AgL IN VIIT14ESS I signed this Agreement ns of the llatO set for"11 below. C., ar- EV P14ENT HUNTING70111 BEACH 15, 3906 E5_1 AG ATTEST: R., yor City Clerk/Clerk APPROVED AS TO FORTS: t! Agency pecial Coll 5 REVIEWED AND APPROVED AS TO FOMI: City Attorney If Attorney!?, 4-Agency I T D AND APPROVED AS TO NT T De Uty city Administrator/ Redevelopment APPROVr11W Cit.y Administrator/ Executive Director. BEACHFRONT LAM STREET, a Cakiff n ornia limited partnership 31"7,,,Fijii,: 13Y F-nval Partner By: General yV 14 11/24/86 3349k/2460/29 -38- t t4 rtiCKt W 4. i - Fvi 7M Av j 1 1,111. F.- f •�- k; V! b n �>, j , .,r,: i:3r t r. 7•"..'!.' � t .i T- .1. .( , r �r r i .{_,. t,. ?Ir' `.,j-7 -Ai I IA F7 • , 1 _ _ :_�-r',.�. ""'•�'•�-','�•..' _ , l.ts . ��r ( r' � tit ,; - _ .... � 1 • . •.ems �ry�� s yt+' •!'ti y� �� 1/ Z ----------------- -B E S, T PHO TO APIlf a �) .Y NrA, .ODUCTION . . . . . . r t POSSIBLE, DUE .i�• ,k i r5t� Sr I / 1 rANDCONDITION a. 1♦ r1 . t F n"IGIN-AL � t c.1,1 • �a' k 41 1, r YIl ;3 MICRO-Gpj%ptiICS • 13766 ALTON IL 5k /' ' i • i t r � '.' .. ^ — x -- - �``�' ten;.-r.�.,...a - y.r r �!• 1 :� f '�{,A 'll:' 1, <�l;t rl ibi l! �7 ••_ 'r: t••t r , ,•� ;, t �tt{i1•.Aa fa7�•:• t r' 1f.:. d, f 1 r ,{ a (. Ii al, ,Z1v ,ytc,b!{ s, .ta' t I 1 -•:! ��.� � ' _ �„ , • DOCUMEI\T,Ts J _ I r L s, ,. :�, 1 ..,,...._ti/',:......,..... , z • -ram nIMI4A• 1,� i��.•;a:i'- �-;5,.�,�� �'s•�.`:�,. tr•t "...' l� ,L.y�1. ' '�' ►,..,� 1nw.4Tr tom• {I ' i- 1 , ' .y�,,I.-:�'r.TTr'• t /�.:, � ���tM "i7aj�'i� its G +:? "1'i �L U R !I IITi' ''•N �F �AY'Fs U .;+�f.AFF UJi (:ROE :1TFN[ ALTI:q '{Ic -OVER F Krump.ls Insurance --- - uU33 Bolsa Chica Rd. lC�, COMPANIES AFFOR ! _ . ljuntin ton Beach, cA 92649 — C^?JPANY A — Truck Insurance rr ♦ 1 ' ;•. L[��aP Aq,y ��. 1.I,JL�ran _� r-- -- �ET-ER Fairmont ;• V `r LET'tcli • Beach Fro►s t Cons trL;�;tion Ina . 1 C 0 �,ta A', v 1$ �. Bench Front Ptopertie3 A 22nd. St. -- 206 - 926481L �t9 ..' ^tau r Huntington Beach, Ca �t .• � erzR+ F G 64 } i j THIS IS TO CERTIFY THAT POLICIES OF INSURANCE LIST OELOY! HAVE BEEN ISSUED TO THE :NSUHED NAMjITH ED AOOY j IjOrNITHSTANDING ANY 7E SSUED OR MAY PERY!►�N. U111p{ 1 SURAPICE ENT. TERM OR CONDITION (IV HE POUC ES OESLRIB D HEREIN HER Of ANY CONTRACT OR OTQ S SUBJECT TO ALL ;y TION9 JF 3UCH POLICIES. ii.. 1 C'r —rac ;� !'ISURsr.Ci ?CL.:' `iULIREK I ;►rl, Fl:�'ty i irE 'au pry vt `'I r GENERAL LIABILITY 1492 02 59 I 9/19/86 9/19/87 :9EkluSES:WAT,0%S I I ;t PA/)LL4T5 �w trLf•f vE�at C',S � •1!,-,,'t' qr - �'t1t 'a�� ftiri � I' rr `:.r 1 r ,Y 1, �•Maf 9/19/66 47 F r(f &COVEnAGr Exchan 4t`., e c_ •t si CAtli 60speii E FOR THU POLICY PCRIOD INDICATED. EC: TO \VHICH THIS CERTIFICATE VAY,i� THE TERMS, EXCLUSIONS, AND CONOI• + 7 LIAHILIT`l UMITS IN THOUSANDS r�. 4. r+, z ;r ! l�• a. 1 ,�►M ,�'11�,.� J •, r.j Y ' � �kTi.•tf•'1 :I �1iA ar S CAVAPI 5GO, 'I , i _A111vE I + PERSONAL t'IJUrAv I s }�' r r�rL I r `6, r. t �' �- AUTOL:CSILE LIABIIa n I " �', ,r +:j'sstt '� .:., ".',.:�••e _n, �,.5 1 II i ..a } , � $ 1 ' tf� ^. t ri +�� 1t1 I I 1 ��f:,.IJ'C:^.AttAG9 IS r r r 1 t I 1 1 4 s0t(iE'.L�:'TY I :rC!B'•E�) EXCESS LIABILITY g/19/86 9/19/87 i�'.'•a'.E-!S1,U')0, S10000, B 1492 02 60 Rti ,q •.1, ..�a: .1 1 .._ t i f YCRKERS' f:C'�IPEIISATICN I / /8b 9/1(�/�'` _, S AND F 091986 9 19 r Is r MPLQYERS' LIABILITY i r `_ ^�•�G70.' _._ _ _ a. F's L': .,5'.^,'.5•'J c,..IC _cs �l - , �. r ti jj . f� rxt -N T 3NCUL0 ANY OF THE ABC1'E 7ESCAIDEO POLICES BE CANCELLED OEFCRE :imc l ion: 31PATION 7ATE THEREOF, THE ISSUING COIIPATIY XKX:CRA"Y7SX7CXX:C�C !) Atten..ion. 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',I ll, >.- I r .) r t .�..��. .�..�..�..� '`. '� r, t I it .: REINSTATEMENT ENDORSEMENT I �) ►• �'/ t i Ir' , :1 + i I r', f, t I ,: No ' i ,t , .'�,1, 1, ,.:f,., Agency J C. KF:Ui!POLS S ,, , t '` E v ave ` { r r ,�,�, m I r ; 5 'f ',I ` tt RICHARD 14. JEFFREY AND i '}' i J ' `': �•,; I' SEhCh FROtIT PhGPERTIES AND �'' ,YIn- -I-�; #'° ' fi, i r�'it4 {; t, t1 BE FRO�'f CONSTRUCTI ON, INCORPORATED D y 'r,3 -.tR `}.1",t �.';'I t 15z72 80LSA CHICA ROAD "�' s�, I„�r �. i HUNTINGTOV BEACH, CALIFORNIA 926a9 f , , , 7, c ,; .�1., d+� .:. 5 ,I,,{,' f f i! f t , �'i�r ,1rxl' F ,6xf_'. s e�lt , AI .. '.�.-'+ �`x�7iJ` In'YT14 Ilj, r �1' I :�, :.tc ' �J J'11, R ,"i. , , X , St �fi t. wt r'I' `�� IJ •� _ If it understood and Ipnad that the POI I{ IlerebV teinitated, Ind {hall be in lull farce and effect subitet to 711 ill ta►a1t r',Sr 'L ;rf .. 1# f l�f Y ,� �, t` , r t Tt (. 11 7 t {I k q r M' t�,•. ,,- n , , t Ar i and prow dl Of — '.) �T� r r, r ;"" , �r..� j tJt 1,t fI1 L. �0 �0/ 1, 41 �i, ��tF I", 4"- ,, t r? 1,1. ,. lI q+t{ ;1, = WITHOUT COVERAGE FOR THE PERIOD FROM ' ���/ i" + r'_ . ,: ,v,..r I ,.. .,.,.,:i It ABOVE. �F'�`��'J/r i � ,W.y,". $- " TO THE EFFECTIVE DATE SHO%VN AO ' t�f { ` t 1?V 51r .Lii 1)3t f'r f } r`1. t; }t�; x WITHOUTCE.,SATIONnFCgVERAGE. �Z;r., r'`°i+r �'S 1, r � Ir P r+.'r j 14 h 1, , 1 ? a j 1 f; r _, Ir ti-i 1 r r :t pl rI lr$ • 1.it 1'}, rTt I t 1� l'T y< t , t" rtV a+ ` S}- , t ,{ , %, ) 1itr ILi 1Y ti its, Y e , t I i 4 i t , I; I,: - ;'l 1I+' Nothing heroin contained shall be held to vlry, altar, waive or a>,tend any of Ihf terms, candlticnt, ogrnmants, Or 1 , I r ' , f} t - _ , y .,t 5 r�,tl- ,- r, ,-- I ' ;;{ 'r 't • - ` limitations of the ,,ndermentloned policy other than at above stated. l t1 , k ._- l„ r1 .t, t�. �ti 1 �4,'I,� t ,, ' `' The effective data of this endoisarnent if .--�—�{� +— t 9. . •, at f 2:Of A.hl, i* —, 1 ne GIs! fIt 1, + .'f 11 , Ll •i ' This endorsement *hen eountarsigned by a duly authorised rawtatentativa of the undermentioned Company and , r� r 4 �' 7. T It:/Ched to PoliC'/ NO i� ,Tn-itfued t0 1tf - `i '({{? THY ,�f ,ti' ,y !t ;r ''f_. }}11 t trial) be valid and shah form part of said policy• i t {{ , ,, , ., `1�1 E' . - I j i i RI _ tt,SJ-ik n., }, -17 11 Xr x f ..tt ,.r COu nlpned et. �}�--�A{—#�0 FAIRMON INSURANCE COMPANY ��f. , ; tii�' r ..rc�Ir t iI ` t :? C E}' t 7, 1, t t i L.'t'I , 1 / - t . f +',ti � L�/,i/ZA- /."" t tr ;r ,�It J - , r". J ' 4 r .�� a6 r J. i I 1 is. F' t I b AUTHDRIZED nEPNESENTATIVE SECR^.TARV .�/' 1. } L, fit :` ; I �C� 3/0Z/s7 l�r I .�1 t' , ' A � I '_ ", s I r �! U-12 .4', { fib � yy: r` �j` I 7•t .k It;-1 T . ti ,! {;, I '- T t 1 1 I'- ,., rt 1, i I - jj t t J I ''r i t .f,' y ..'!; f ,4 .tit :l - �.,, }I tx ' I ,[ «-) r . ,L r • 'fit Lj'- ll ,, .,: r, Y ,. _. ,, t._. 1 f... .r Ill,' { <✓,, 1� xi� i i',L f' il,,r t y. ', ' 1 .,tit 11 ., I. ,t'/ I "Ti. 1`, f I tJ t I r t °� 't1 i jtlj r t`,ft 1 ►,J I / , wi{a I t'. 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KENT ioN AND DEVELOPMENT ACREE I DISPOSITION ...... by and between the HUNTINGTON BEACH REDEVELOPMENT AGENCYr AGENCY, and BEAMFRONT LAKE STREET, A California Limited Partnership DEVELOPER, I T • . 17 ��•(.N. 4P 4" .1 , j;" 4 77 7 7 11. it ICA, j!jv -Ij - tl V, I,, SIX Tl 0 IT 7 days after submission to the Agent construction plans shall, in any the Agency unless rejected, in whi _v notice thereof by the Agency to V the reasons therefor, and such re� said 30-day period. ` 5. (§306) Cost of Cc The cost of developi all Developar Improvements thereor Developer. 6. J§3071 Constructs F A, ;Y. Such change in ,vent, be deemed approved by Is or in part, by written -e Developer, setting forth ection shall be made within nstruction ng the Site and constructing shall be borne by the on Schedule After the Conveyance, the Developer shall promptly begin and thereafter diligently prosecute to completion the construction of the Developer Improvements and the development of the Site. The Developer shall begin and - A - complete all construction and development within the times specified in the Schedule of Performance (Attachment No. 3). 7. [.§3081 Bodily Injury and Property Damage Insurance f T!he Developer shall defend, assume all responsibility for and hold the Agency and the City, its officers and employees, harmless from, all claims or suits for, and damages to, property and injuries to persons, including accidental death (including attorneys fees and costs), which may be caused by any of the Developer's activities under this Agreement, whether such activities or performance thereof be by the Developer or anyone directly or indirectly employed or contracted with by tha Developer and whether such damage shall ;T accrue or be discovered before or after termination of this Agreement. she Developer shall acquire and maintain during the ZY life of this Agreement, a comprehensive liability policy in the amount of Two Million Dollars ($2,000,000) combined single limit Policy, including contractual liability (part of which coverage may be provided by umbrella Policies), as shall protect the Developer, the City and Agency from claims for such damages. rIt The Developer shall furnish a certificate of insurance countersigned by an, authorized agent of the insurance carrier on a form of the insurance c.-rrier setting forth the general provisions of the insurance coverage. This countersigned certificate ahall name the City and the Agency and their respective offices, agents, and employees as additional insureds under the policy. The certificate by the insurance carrier shall contain a statement of obligation on the part of the carrier to notify City and the Agency of any rL Y f i 1 3349k/2460/19 -17- A F 1 ^ i t1 1,4:1 7' r cr4'. 4 n A, je� 45 *J, v 1'.v; LLL 1 1" • 4 4' N 0. e r% - iA r J w 4 4 4 J i Z A - 1 - • ;fir r , t•t r , .rx t • • J material change, cancellation or termination of the covori least thirty (30) days in advance of the effective date o! such material change, cancellation or termination. Coveri provided hereunder by the Developer shall be primary insui and not contributing with any insurance maintained by the Agency or City, s,:d the policy shall contain such an 4' endorsement, The insurance policy or the certificate of insurance bhall contain a waiver of subrogation for the be of the City and the Agency. The required certificate sha] J f furnished by the Developer at the time set forth therefor , the Schedule of Performance (Attachment No. 3). The Developer shall also furnish or cause tc _ Y.. furnished to thn Agency evidence satisfactory to the Agenc ' that ,any contractor with whom it has contracted for the performance of work on the Site or otherwise pursuant to t , :1 7a at any Ie once refit be t'>, . be lis Agreement carries workers coanyonsat on nsurance a8 requ ee----------------- bf lawn The obligations set forth in this Section shall i` i� '� f'� ' remain in effect only until a final Certificate of Completion `'err i i3ty'J has been furnished for all of the Developer Improvements as ` hereafter provided in Section 322 of this Agreement. tt 1 V, B j §309) City grid Other Governmental Agency Permits ' Before commencementof construction or �+ '.; + `r`Y ,< <��;1 +^, f development of the Developer Improvements or other worker of r' improvement upon the Site, the Developer shall, at its own - : of , � '. �:• expense, secure or cause to be secured anv and all permits `l which may be required by the City or any other governmental agency affected by such construction, development or work. The _. Agency will, without obligation to incur liability or expense �+ s +� r therefor, use its best efforts to expedite issuance of permits pertaining to the Developer Improvements. r. 9. I §310) Rights of Access 7 For the purpose of assuring compliance with this •� ; Agreement, representatives of the Agency and the City shall '''•'' have the right of access to the Site, without charges or fees, at noranal construction hours during the period of construction ,'' .s� . for the purposes of this Agreement, including, but not limited " to, the inspection of the work being performed in construction ft, the improvements, so long a_ the comply with all safety P � 9 y P Y Y � rules, Such representatives of the Agency or of the City shall ► �'. be those who are so identified in writing by the Executive ,'• Director of the Agency. The Agency shall hold the Developer } +' harmless from any bodily injury or- related damages arising out of the activit'es of the Agency and the City as referred to in this Section 310. 17 0 12/19/86 3343k,'2460/19 r ' J, / t. s ?'- max, Z {7� t1, t." �.• C ,' -r r , ,. r tt�•'••"•'"•••••'+•• —. �...a..•,�ar»+'� �f{.,.- Ap+�. ...,� ^ f is t+ , =.,7 . ... jyy6/�•:� t;• Ir:. \ tt'! +ti .:, •.S1F"it•4Z*�,:..lWMfa'M r►v�•wss•e;.=e�CNf}'Y:^i=ii3n3,,7: :T �•1'1 «'.., wn:'f�aT:i�,�iiK?f."i�}T��']al1F:f}•%!SL' '''i'.#e �+�� .T ✓i•« ti4 4' rl f '•'7J ' >r'rrr }' " pS f�ti, .7 i 1!�}eI�t�' 5,. '''-' i"r'.ilt{'ei it '., . �r 1+ :11 . \ i�f� 7µ7f,.'•.+ 1 . '. ,. �'l.�- � ,. .:,r t.!,. ,•i. ..,-'..... nit. ..,. ' tl''' 2, ' �_ :LYi `, lr S`s,,.. ,'. r _ , , ' i J [..r F':b •T,al", ii',jN ,1. '4. \'_ ( yt, k ,•^'�/ t (tj,� .J ..+� .� '.,t S,F .,3.r' ,. '1�I 'i i:_ •, .,'S_ :.1 f ^J 1 r R� iI. , sf nty..: e ' , , , Diu NOW "Wio ly Wparttt:fteI May 2.1, 1907 Stephen V. Kohler Ll'lining & Aadovelaprmnt _.._ INSTRUCTIONS: File rriquut in L*te City Attorneys Otifco so man as potOMs. Print of typo I" nemsIory for City attvm ty. Out lino briefly reasons for this roquest. Attach all Information and exhibits pertinsnt to the sub}oat. Typo of Lawl Swvics Rrgtntted: ' (} Ordinarm (} inturence I 1 Uthtt I } Resolution (} Potdt I I ContraWAvrament l I Opinion All axhlbita muot he otta+ched, or this mquat will be returned to you. I 1 Exhibits Attetrtittd As part o' irrlplementing the Cisrosition ana Cevelopment #%greernent Between the City. the .Apenc:y, anti Eenchfront-Laker Street for tie "e--'evc,loprnent .�;4Pncy-ow,;ea resi+:enti;il pare"! on Lake Street a matter of concern.?.s tr_en hrou+;ht to our attentinn. 5r,edfic:ally, 0-C "weea of Cift ?et'`c`een the City of i:untingtcrl ^,cacsz sore Huntington it.-af.h Ca.7ipanr11 of .anuary w, 1927 (!'nstrurrent •':n. fii_r 5;296; as an aTtat~hr.+cnt to the +;ui: Cla(rn Cent: conveyin,, property commonly 4nnwn as the Pacific cle ztrtc: Right-01_1/ay ►o the City of ;iuntingtan neat_" has inclut;ed ont-rous restrictions an the us% of the property. Fare specificsily, the Huntingrnn Beach Company ostensibly has reserved right of surface entry and the right for the permanent Installarion of oil oc'c'r,t:iorls and surface oioellnes nn the praFerty. Clearly, this severely impacts the intenre�: r-�skiential (!evrloprrent of this parcel anC I would like to request your assistarc a sr• revie-vir,r the above referr:nced document ant+ urovidinF, an opinion as to riurface rights of entry which r-ay haves teen maintained by the Huntington 1)e th Company at the time of the c0llveyarlce. I encourage you to Contact I3t:ac.hfra,t a Street's lega�-cotmsel 4 i Joe Klinrr igl3) 907-.34rO SVf;;sar 131er If for CauW1 Action, if oat 1'jwCoemdi wba, deatd a sr*Ltton data gpwtwv: Aswedo docclZra A. S. A. P. f ter• r f� -i ri �'1J y,s t I �, •,� y,- l+ „ l i , pii� •1Ji' 4 L ` 1 •• ' 1 ' � = LL k �` 4 r ` f t4' I 7 r rr r o " t ,r ti . .. Zll 1 `�• 'r iv, rid tam �1 f L l 1Q f 1 I 1 S y4 r % _ r 1 R 1 � ,. ..,,¢@Ja':._,, .r, ,• i';`•'T.'-:i [;.'r'tyT'i4 x.q K•:r:4.y:7.,.�:ai. .v.-.•rpa.. ..e i,..r,A�. -'''T � ter..--r•�rr.�.nn«�4..} r•CJ. i. .14'•„ ,J ti. • G J , �,t aaJa•! ',... 1 7'+.a ru,.:.i � Y ^. (�4 �, , � , +i vi f .. y J."' ��c �! - F., �, 7� .,. rr , c. + _•, f y1 IrFx.. "� 'M ,r. �l - •r1 � ,� cti it<< 4(`,, k•i .;� f' Jam; #, 4,,. r •, � 1; irl .\. '7/ 1 ,. 'aJ y of S .!: �,'. Fn+�t� SIa .'�`.' -�r+ , .# �f-r '•. .faro t�l ',I i t roc �, 4 ,' 1 r• t� r' •I- .#: Intl � 1 , fi ';* fr `,, ��, <� �+�` �;;• , , �J;,a ✓a ., t1 .. S} t.: r.' i'• �� -.' r , •. • -. .1' - 'a' f r r.', r t ,L�� ,. ,.,- I ,,, C.�- r 1 r rl ' ,t ,. •. •. It y*;" • . ­ - .. ) 1,—,--- I , " .­ " �,, �. I­. , , � , ,!- I , .-t '.-I, ,.", ",'. �, �' , ,t!. I- 1I. �.III:�.1'I., ,. . I,!-.II�-,!­. : � ,. . . J, . o�4h";. .: _�I1II� , , .1t_. , :-­ - ." ..�t 1 `41"�-, � '., -'' .1, ; .""��., , , ��- " , I 1.�f ,, ,­ ,I!i, I, ,;1, I �I I...I NI " --- i. 117 11 J,1*1 't­I . )q a. 11 ,r , � �'- ,O , , " , ­ 1 I0;I . , . I-� ' _ ' ,­ i - I .i , �I , .� .' ; 1I� II - .t ;.. ,. -�� 11-I, . , I I; _ , !� �. , I 1 1, � �1 , -A � 1 Is - I I� I I_ , , , , , � - .,5 t. �t , .''. ,­ - .. I I , .11,- ., ��. '. t ,;,T" .I II . I � � 1. � )J% --- . I .I I , .I , I �IIrI�� ,. I1 - I. ., , 1- "JY� t,, . t, . , ?I IJ t. -I ,k_ (; , ii ,i f ;� .�.r, , fI�p )Is -�"iIr� ,I '� , i0 I 4(,.1'. "i[�., ft- - ,.. r_..J , .,,-.!1'4A..;4.", " , 'e-�.,, ,'. -C�PIQA14i,,�,, i, ,",',J-dn_"J:..irlt, It ;i.",1 r�nlV_tI �*�.�,�..,"."tL-,V,t,:i,. .Z',W.L-.,�_J�:�.,.6;.r, ,at," ;;r-, 4 a , Y; I tW y I I; Jl f I bb )41 (� REQUEST FCREDEVELOPMENTjENCY AIICTION ? 1f;)I � IlRI-I 86-88 1I , I 44 ,j t I)Dc�ember 51 1986 Date 0 s ; 61'Honorable Chairman and Redevelopment Agency A -embers i� 'kt:;�,,J, �I I I i ";,,��I`, I,Submitted to: 51 q v1 4, t;Charles W. Thompson, Chief EXCCLtIVC Ofil�(, c=fr�,­I L-­'i., "i7, ,,.j� ,'j, i Submitted hy: -?1 K-.. sI-`''_ .t g,t', "; Douglas N. La Belle, Deputy City Administrator/Redevelopment A�1 i.­,3t , '­,,,,Tit ` kIPreparact by: �I )07 ".I,,;II , DISPOSITION AND DEVELOPMENT AGREEMENT -7I"/I -11?lI .��''k i ,-kSubject: LAKE SREET PROPERTY ✓2 ��.) I)."'fit{, va6R,5 ( r-­,et�41-P i_ ?,;'411�rConsistent with Council Policy? N - ,_il r­I I Now Policy or Exception Q to)J 1*.t4, Statement of Issue, RUcanmendation, Analysis, Funding Source, Alternative Actions, Attachments: � ,Iq_jl�,�,7Ik .1—P_��-tj:iz",A.. ��, ", (. ,,I __ . .� 5 4,.)AC;fV;I "',;0 ; I , ; STATEMENT OF ISSUE.{'-1 (, ,i�7, 1)31iir1r,�r'",M1On July 7, 1986 the Redevelopment Agency selected Beachfront Properties to purchase "��'"(.,i - G f",, the Agency -owned residential parcels on Lake Street within the: e Main-Pler 1�,,kco""�1,4` '�1`t"4,Irt k° Redevelopment Project Area. Attached Is a Disposition and Development Agreement , �.4,, ,*,t;l,1�,`4-�J�..) to complete this sale of the property for the Agency's consideration. A­14;4I Y.1,0,J!�.4-,,"-1fit-I1 14I �11,: �- ­fP, i.,,�,}L.F: XJV,t�VioiI�e)t-r S'. I ;­J, 1FCOMMENDATON: ,,--)o��.1& W''VIs j �!1 '#�,il,�; .4J" �al! ..' f Approve and authorize the Agency and City Clerk to execute the attached resolutions l 1rr�,,t ;TJ< , jJ1" ,,��I_I 1 approving the Negative Declaration of Environmental Impact and authorizinthe I_l-kFi�t //.,? execution of a Dlsrosition and Development Agreener4t with Beaclfront Lake Street. .,1t.; , �I�1" ,1k. f,, , � ,., I -, I ", ', J',,Je, , $ ANALYSIS.I .", .. _.. -, iI On March 3, 198G the Redevelopment Agency authorized distribution of a Request for ; 1 Proposals to dispose of the residential parcels located on Lake Street currently owned �3 i",I JiI by the Redevelopment Agency. arch 28, 1986 was the deadline for submission of��"�",��� /) 1,,o"Iproposals by developers and 21 such proposals were received. Though April and May of 11r kA�9 1986 staff interviewed those firms submitting proposals and selected finalists on ,!' L,��;V1,',4, 4 May 22, 19S6. In June, the City Council/Agency Sul.zominittec Interviewed finalists K�-)j.,j and In some circumstances made site visits to underway by proponents. kW ) + '/ On July 7, 1936 the Redevelopment Agency selected Beachfront Properties to purchase II-. `t_1, the approximate) 2.41 acre site.� )iy Since that time staff and Speciagency Counsel 3"J­;4rhave worked with the developer to negr,!-,e a Disposition and Development Agreement i_T'Ji,, �A that Is attached herewith for the Agency's consideration. (A Summary of Significant $,VIS,I . Actions In the selection process Is attached). -.­?,_fk.,i % I: tkThe price of the parcel 1: to be $25,000 per condominium unit ultimately approved for p I, Vy,i-4;the site (it Is expected that 64 units can be accommodated on the site under current ,'W �,­LtOI 1_0igeneral plan and zoning restrictions which would result in the purchase price of — , . A , '.' .A $1.6 million). The major provisions of the attached Dispo;Ition and Development Vl (';j-4f�Vi,'f, ,", 1�,$Agreement are Included In a summary attached hereto. J jj; ' n�"­1�,,­1"-4� I The attached resolution authorizes the execution ol this D",.0. _,11Disposition and evelopment 1 " ,1,c#t# "? 1k,.'SS %0­L­'�i 11 Agreement and also certifies the completion of the preparation and publication of the �"itI)_',?,� -i4I4,- Vti" "I negative declaration for environmental revieon the :ale of the property. (The �Negative Dcclaratlon is attached). I4 t,­tY"'''It, ' I ;, .�j." , I�i)1.2 ;, ,kt1. YtA Yi ,1q� , i, 4,F�,_,W)lI bP1011/85 q"(MsWVJ�, $A11;­i(° , I ,v rt t1i 1I -�) i , 7-';�'7 V",4­" *­-IT�.— ",�-�. ro!1.11 I ,,A,, , I- "', 'I' . �- ,�J." CF.ZS4 t�­-r Irv.1.;.., '�1J. r-f�i,!,,7",.11 w :.�:S�q,4 ;,-.-41t0-o , G&; N -'T-).—,-xXT .p_ .N- ,,- ,t� %1�,I� ,I. .- I" "I . !.1 .. t, I �;."4.. 101',; ".;. I ,4i i s:� P4I t-r.,I.,If...eo4I . I, AI i,lit.�.-;,, ,. 1�I40�.. k, L � 6., �, �t.I �tp ;.,­ , . , .-! ,tI� � ,".�.., ;Fi ( �W,�',, �, .- I ': t - . ,.), ,iW",I.. { ; , �"..s, .�"'I,} ' F i. , - I ,.- , !�_� � , ''"I" ..I, n.-,�4.,;,. ..., �ii .,,. ,."Y!"� % ;�4! 4 ( I I,j. I" ., , �"'� ,f),0 A , I , . -, 4- , 4�w ".Ji�.�I1 ,;,,,t�'.- I I T _""-, ;- ,,,�, " I,i,, f,1­ ,V,, ;,, -I ;., - ;kl. �_!v t ",-.A,f ,�p,,,f-,M", , ".,. I rp�• . 1I% I! , AI- t­f r %'V,�,-,,,V�?4., ,­ 0II� . � , ,_ A, kA ..11t�� 1�.A 'I.,­,i� ;., .I) I '*�;l,I4­4I + 4 rJ�rt�'.,I,,,",, ,I " . .,. ., . ,• , )},0 ,(...(,"kL­�jAS7' ( ­, �.4, -r-..),_i> " i ;1� I. � _, . , I$ j ­it,q- , -',, ��;,... -,,j-�,,.--I ­.t . ,,�_, q,1I tiki_� �,���LO ,r1-,:%4f,;". :,;,"',1 IIrl;.� .;, , ;I ,, I� ��.� k�V-o�.�7"�"• ,7,.II ;�,!,_ie %i ,1)7X,j, � 1t.t`­,Jri �1.,- .�",*"O ,"- -,r.i (" �If� 1-1!4r_t,17)II1;J I , r ,"iwr�', , I' 0, - t11 * ", L! " I tI I11 - I;"" 4t I , I- ,. �j_ - f�• S. jlI �I i­ t 1'I:, I - AiI1i � t . I I I —, ,,., ;. 1 I 1,, , - - � I , , I 0 � - . . . I . � . t. �' . . . . I . I I . � �' , . , .__ - I . .. - . , '' , - . ---.. I -11 . 4­.' " I.- , .1 c • ell Am -" Jc- j , 7rr t RH 86-88 December 5, 1986 Page Two ALTERNATIVE ACTION: Do not approve the attached property ached resolutions. This will pre -ems' sale of the pperty at this time. A FUNDING SOURCE: J Proceeds of the sale will be Agency revenue. ATTACHMENTS: 1. Resolution Nos. and 2. Disposition and Development Agreement. 3. Summary of DIsposlition and Development Agreement. 1? 11. Summary of SIgnifit ant Actions. 5. Negative Declaration. CWT/DLB/SVK:sar 0599r Y6 j7 '. I 'ii ttf', T, y4f, -A M% 4L L k 7 , 7 14 � V '42 Y 214, r4 j; q '! t. F111 1-14 71:, 1. - I ,� ".. w i , w 1, t' +• 1 r 1, - l {�i ,(, 1, 1., , 1 e Y': ` ,, �, It J .. - , 1 .' r , . .. •^ + ... o , (,, , ., • • i , It l i F , rl I i t. ,, ,If i �' ,, f 11 r lei -� ' _ 7119 Lt, r �' ' . : i /; / i 1 / (i Y h 1 -S r, I i.!,.,� J.. > 1 t.;` r f tit �, ?•�, f t f "� ,:, 117 .:.� ! °�•^.•'.•.r._.,Ji: .., .,..T..,#~._..-_.Io._-a,1x-"woia?i;%%:-".:..+..•-_.... ,'..•... •!.-... �.-.,+.,. .�., r. ......m �...>...�....1.,:._L7ta +:rsi.w.. v..a .3-.f " t i AulhoriVa In Publish Advertisement$ of all kind! In�iud,np pubhG ■1� �� !r7' ,�+ ! ,, `,� 1 + na6cts by Oease of the Superior Coull Ot Oranps ounlyr ��r}►'`.�� Y v+� �) -' _1 Cahtotnls. N,rmber A•6211. doled 29 Soplernber, 1961, and 1 �:' I 'I -iya? A-24a31, doled 11 June. 1963 S► 1, ` 41 .j, ', 1 STATE OF CAI IFAHMIA , , C 1 r V ; I t County of Orange o..o.t "OKA Ae•.n.tt•r.e to.e,ta /� J + ,r a t�) a, INr e,l8 Co ra tr, lh ► Gorr !:11.1r.f, , ( , ' - 4 w.lh le aKa t7h/7«� relh t f r ^ «� )5 11 - •t , ' . ,1 '' , I am a Citizen of the United States and a residont of- , 1?? AI ' ,� 1 a , {�t , ; i S4 r `' the County aforesaid; I am over the ado of eighteen-----��,�,=- t �r. L`c {r �� t , r j i years. and not a party to or Interested in the below PUfsa {C iIO1IrF I fC ) .1 k f 1' That` nwgon' oll H•Hicitf ' 1. 4` )1 , � 'i entt!led mallet, I am a principal t lerk of the Oran4e -•- t ' HUNttslaTO}1t►a�ACA;,'I w•nw(01f",lry Palm Av. ' e Coast GAILY PILOT, with which is combined the - Mr' COUNCKI ' ! am), b.•+$ � eo,00 toot , , t , r IWNT"T(ft BEACH ; i MIW stialA at now laid Out, i.. r • r , - r t ��� i r ;. '' i'` NEWS•F'RESS a newapapor of general cireulatlon, nrorreLc>PIleNt , rdlwnlny Ine Hann Ina a+ - „rt� �— �r r f ,' » r . , AGENCY bioek 6M 'ef.'Huttoviton t� 1 tr , '` i ra r t 1 r NOTIC[ ; saeh, ktaln alretil aeeuon ; ;,r {� of r J, printed and published m the City of Costa Mesa, tne.{aty' of, untMgtorl f r; ;i ,•r. �olnrruauo ., • , , :•Il t. NLAfliriO f Qopen.'Counly ci : *'", • t e 1 , rrlt { ct Coun:`r rr► Orange, Stale of California,and that a t 'S 1 � t " t Blots of Calfornia, se'' par , rl�-. i, ;;• 111 NotiOE 13: HEREBY ,. r =t Notice 4'' Joint Pub c iiaarink otvtF:f uu11In Hunuhp�on map re�rd/rl b1 Dook.9' 0 3, lit ` :tt-' �� , `L Be1cA i:eawelapm•n( ppsps l3,et Mncyflsneolts i TJ�. ) 1) ��-�tx;. , I- t• ' M".1C, Apsrtry snd tM Hunttn,lt M•pS.4t lM onc�e `d1 q1e ' x (� .► r�, '' t•;'y t •— — Boaeh sty Ccv+nct till held County . Recorder rt %gold I r' ' 1 , ks,+ a i i (1 Z r r• aj oint pt:Nbe:Muing an t�M Ctxx,ty' 4ounded tJ 10.M/tes i t��, I r . i T r' 'I, p oP pr on the it" by.l,+ lla ht } " ° t ,. i� ,t t; tallhlnl!>•Mah-Piarr{e. etly eatersutil of p10 WMl: - ',�i x1r �. , „ 41. of which copy attached hereto is a True and complete drv.k,omonl ,Pry t' Area ary IlneolaoldMae W. ! g� `"^ r r 'If•` ` • {tr; :'T ,-�,,�. ` " trl 10 BtrCMrOnt Lake 0frovil on the Ie11 M the nlnh� , ?�: !„ ' t 4 ' ` i copy, was printed and published in the Costa Mesa, pursuennoep►oposodDie- iAvtato.11onoflneeaurly � ; y�'rt. position orid Damopm•nl Ifrto of elfd bbGk ft'14• t ' i, t t ),- 7 z r,'. r j ► }:' Newport Beach, Huntington Beach, Fountain Valley, Aplvenvsnt../idnWiaFl or'. ! n P•rwr► nr trrpnita• j �' �� + L, ?, f liOn lr1tweeed In 1 �y�q S ' ' �� ' ` 11a r I r,-�,T� t,,..rt�r' , 1 t , `NeQa9llett)eWerallln COn^ �' I ! r „/1t1 $�' .« Irvine, the South Coast communities and Laguna , tainks ,a ll,rdlr,a or,$ia Va. .a► eptrilon on trr• rne111Y 1s ; F r i�A,r, r �'I - 11 _ 'I f t' f• "nlfrell;l' Atipsct on ,he, en- 1lrvHed to allied tAr aU01k i xr ,- f J k � � « Reach lysues of sold newspao%r for i Wb Iranmant 'dusf,Id,'Ill• hsennyandallsr16e11Mb i ,! ,L ti ; v ,?y- r 1 tI r, �k0plaindo ed t11t WI) Ilet1"iV S�ASa:Oer.ORlber 1Dj;1�17 j �cf )•• i� ,�' C 't +. �' conseculivo weeks to wit tho issues) of •rrd Itt the; eeme?-►e t;ou.pyn,.or t•• ! ti, y , i f,,'..I t (i ,' e00n IMf �ilhf / (111 Rut• r `C tt.I 3i♦ '1 �',1 t }I'll Ial prop�irtyy f0 l» ter cony bd flew :!" lilt ?y , 1 j ' ' t sold a tocatod on, salt PIMe: Cmi-.11Chamberi, + , '! ar- }t t r J elde of t.aka GUat astNcyn Nunllnpton' asasfl " Clvle i r'7 , " ., a>, ] In�napoll/and Ac.s."a aid `�Ant7r. 2i1U0'tAnllt b1tW;, ( ti �t'jl � ,,t , ,,`, i } D e c enb o z 1 �j morA pstt cufarty dolgibed Nunlin ton l Be�eh ! •Jan• i r i� ` _ . r r j , 199 a6 furavvt: tMf•Ia �['440 :. i 1 11. ) t , ,.. ,! ` r y r'; l ', I. t?OIW$tlom Materlala diiet►ttq 'Its the y r r+, ' L . + X sub CI e11e t'1 roal 0 • f 1 ` s�crreN eon ur Hur[Inytvn ur_r drip uw art pctri+tlri ! ,� '' > { '' . rr I] e c p� a r H , 19fi E_ peactr Main airmt semian„ tlot:ltion end Covelopnlanl 1 11, t -.. t < 1 ; it retnllnt and ; Iht' sum• r ' In lh0 Lily a1 Hurtuglon AO l i , i ; . t Licsrtl, Co>nty of Uranp•, mury roq�trad by CasltxMa t, '; �� ri I , 1 Bute of Glltcmla'cs px Nee hsndSclstyCddesac• ! ,r ;, F L r,: i;. 1 199 uon a'14 3 r'e di; tee and ',t,^ �� mop rt cwced in batik, t ` r.1, 4 " V : ,-1 oaye �7 of >, ical!woyur. may tie vtowee or' photo , Y 1 , , .1 ': ' ,." r ( ' ;1 AII,�! In' the ollee, of the copied In the 01} e• of the . e 1 1 e t ; f;7' Crerk 1tl the above ad• t i+ , ,�.. 199 CwnCc-mlfyy rucarder 9f salt! droys durinr,�� ofik•: Aourt '; ,�, + '.) ' = t, {,` Farrel 4: ; < a6.o0 a M. • 9:CO Pm:; f Aon• (F ' , t F ` ff, D t�-it r01 d Wsl1 Pais .day • Fridayl.'.Fummrir Infor• :t ' 1` �. r' :a i + s•tctlon. iruntlnpron (leech, tnOtwn un Iha cubit mat• I r L t ' .:q ftr 2 . 19B to li;e,,Clty of Htnttnyton Viler m y also bo,:.)=pod bbyy = f 1 '!� 1 Beath, Ccun!y of oranprt, eortaetin0' 'JieDhell Y. ..!t; S ' L , ))r Stsis,of isllitxnllti at pev. Not+!er,PAulpu}iedaYabQ rt � � >�. 'r {} 7 I p ` ` ' map ; iwrded W book 4 nrtl! 5 eclatlltf ' a1.1114) i j j c t ,i • rs ,, P�sp0 1r of Mbetuaraous ps0-_9+ � ,i, ; '' ` ;1 •,j` I declare, under penalty of perjury, that the Mai•1 in this arn:e of the f : DalMu+lta2hndryotha ,;,,r { v Ca>�ly n6ce4da of sa!d v'embtr 1999. r ;,r,, t , f Y,' forecloing is true and correct. y• r• ! r _4, Count O 9" V. twanlarxtlt. r Parent3. Clt Ctertt/Aptaor;Ier1t : , e, z 11 i 1.f xubrenad Orarn�Gv Coast 1 t t R` !� p6o1 DeosTLwr • 1, . i 1 SI c, / `t 'a ` si 1 EXeCUtl3d On December a , 198 6 Y, f . � 7 ' ` . j at Costa Mesa, California, t 1 «!I. , ' z t i `, L ,tt sT ' it , ' `J Signature II , 4; ,,,I, th Al,.,f lc / i f f t, j A. i/ If �;, C tr,;, '- 'Jr , ` ' f �I1.'t i-,r sir ' , r Z. rt/ "'"o"D �� . I : ',.- .- ..T lr�4 a ��, , > , �//�J fur `, i' Tt 3pv �-.y1c7. a"�\.r�F V`�F rV�ar�C��l�V� ` t i't 1 tr r%, rr .4. x , 1 1u :}r L 7L t /f ,AJr r%�, , '.! 1�u�' ,Fri. . t, t 3 r1. 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I0,,?,I .- ,� .,I,,j4.-"', -, _,,,,' ".- `,I1�, I,.",-, I , �,-- 1. , , I ,,, 11 111 .r 1. t r ,'.at r 11 t' �.iiip'Yrf0f„i LL y/ ti' `i • .,4 i. - , ,tIIt , I �,-1t"; ','�,. , , " ., . , �I_,l,;. I L-�­ , -f1 ;Pi i� I � i - t c i ...' f' t . . 5 - l •i ' r iJ ' 1 1' f `' J, rI. A, .", � .r "i i f ,I 'Jry ,1�-, r ;J C t t .. ' r r ` In� r t, r , t X Z f 'I a .+; r - 1 } l I. ,,-' t. n.: '} �. .. t to �';/:.,'., . Y S r.iy i ~ \. _ } `� t , : l y r I d ..,..' :•k l.. ', i ( ,1 r - . ..... r, :, '. ,, .'7 ti ` 1`X r •np~ ,' _.; •. tR l.'.:�,- ,'i'•.a ,, . . y 1 r+ , ., . ,1, J ✓ i r 1 r - aaM•.. rP., .r.:... M:.�,. .r .. f, .. _,f . .il... ,l". t.r.. a. CLLt...Xt-.may . �..e.t 1 j , r � / `` s3 ;,u'4: r' , ;} y I , L/ r j 11 f,, ./ (/,�/_-gyp/'"' }�I.'• 1, t ,i 1 •+1 J + +k . mil, r, 7 I / Y j i r Y;. Sr HUNTINCITON BEACH CITY. COUNCIL/FIUNTINCITON BEACH t '� REDEVELOPMENT AGENC f {' '`' 1 '. ;';h' ,4 ;,I t l :" `►j' i '0! : NOTICE OF JOINT PUBLIC HEARiNG J i j "r .; rti..i i ;1- ,1 r ,. c{4' .4 ,ter r 4,r1 F ; I r /r 7 `rlt.[, f; r`t "�, ,,` =1 1 NOTICE IS HEREBY GIVEN that the Huntington Beach Redevelopment Agency and the I ;, �=ta t-t ''' r = r r . -f,I et c " ` X tl < ,,. tr ;t' l!. I.f „4L 1 r ?. l y l t „tjt� Huntington Beach City Council will hold a joint public hearing on the proposed sale of real 1 , t ,.7z, `r IA) , ' property within the Main -Pier Redevelopment Project Area to heachfront Lake Street rr - nil iY, r r ,J : x r.is , 4 t !" pursuant to a proposed Disposition and Development Agreement. Adoption of a Negative ;y; ' ,,�,"C,rfii , 47t ll ! rt J J�C i ♦ se 2'eA� f. yi ,., '1, , . , Declaration containing a finding of No Significant Impact on the environment due to the � ' t t .. j;i•4, i e r, ti 1 "h'tt � r J r { 1`1l X ;X tty� r4+tom;.. s .z: _ t proposed gala will also be considered at the same hearing. 1 f,, /+�,'r f'; J�:.t r Il 'Y 4,[, I1 i;'ti!i° , r, + re1.1 _,� '% +:r, ,11 tee ,I,„`., Fl.':;?r I :., 1r1T',j., F; `�;i'j: f . The real property to be sold is Iaented on the t:ast Side of Lai:e Street between r f „' ,.,�i.� t �r 'rr' riA '�J ' . ­-�, .1_,, 7- --� .- �- ,.,,, 1 Indianapolis and Acacia aixi more particularly described as follows: f'' aI � �ti_f4 tki iG4 1;� fr�11 .$S i� ., 4 l'r; r r " I t 1:1?c tr. X ! I` r j•.; + ( W.,. Sri , °iJtni ,. , : J = 1Jegal Description: t , ~I %, . �r'l�>* „t I, 1 I'''j'rt ! rjY t) Ifjl �i��� i. t. a �� -.Ire J�r �f • l� t cf � :. P, j _ f��a I �l ;it %!J Wr , tt Parcel 1 �, ,�,, s t`r: r {i i , Ar yjf' { 'Jr ;L" f{ 31 r T 4, t/'. j,�, T "" ' ' Block 604 of Huntington Beach, Main Street Section, In the City of Huntington Deaeh, r4i/,,I , 31 t'{�,"% `• , ;! ` t IiIFf. j t 'i1J" t a "h- , Pit t , 1 t I 't r, r,y 4rt Z, �4 1' County of Orange, State of California, as per map recorded In book 3 page 43 of i r ; , t ; 5 Ir ,,I"") r, .� J i 1',ir,.4 {i.. 1 f V�ir ' }rr 1 { . Miscellaneous lisps in the office of the County recorder or said County. A ,r , rrs+ a 1'-1 Vtali t r t ai y I -i )i 1,1 1 .lt r . i 1 i- 4 r , lliy .yl fY, d J it r r' dt .r .r tI fi s . Parcel2 , } 1 ' ,1 ' ct ;, ft 1 i :r Block 704 of Wesley Park Section, Huntington Beach, in the City of Huntington f, ,� ,ts li, r I. L,�I—h. ' ,- ' Beach, County of Orange, State of California, as per map recorded In book 4 page l7 1 i ' ,pit ` t I.0r, ` ,:•' II'I, 1WI.-..'..,: ,?kIi;.L��.'"1",i)�, l,;,..,I I .., -", ,�"1.4"LlcI, ­,. .., 71 , _.Y ".�, ,I­� �­,, -��i 'i, .'I-4I-'�.IV_t.I.ri.L".--­i * '- _-t .I.'I ;�,, I ,..,� �, .­,1., I '-, .,�4-.� _.'.1,I�'4 1i I. ,; � I ".L - ,",- -I�­.-.,..i,"_', ,-I,'�I1" �..I'­,,1�'I; �-—�,1_,,' I;�I4, , 4_,� ,,_IIII". ..,".­ ', -. 1,;., .- .,', -II ,.,!,'," 1.'�.III..A, -­­, ; .1:. .._,.. .1. 1,II?.;.­';I .L1.-I,;-,-fI �-,:�fI�I ,�" �.1F ­*, '- 1. ��.�,4*,'.-L.l.,,.,. .4: . ..,­ ,�:�. ­':'1-r- � I_I. .­.;I4.-� , -,�� r,!I- . _-ZL ', - .,- -�,,-: ,". 1., ­I.I­0­- �%II.I .,,�_�. — , ,,'",,1 .I , _4.,- - '..I,_I _ , I ;1-., I -I . 4v-1!, '.� ._.�. 1- �.,,,!�,I _.,1,.I,, ',�_I .., !— � .I-.�',I 4.��. ,.-I;1-1,­i'.',� .I--,�::I.4.;,�I1,#'1�.,-�,1...1,�",,�., I � ,�"��I - . �r,.,.-1 .,-".". I.I ��z.. �:. !I �4I1;t,I .Ij.� ,- ��6�'I;,I . � -'';1,I .-I�- I�. ,��;,..�I , I " , I.' " _t4-;V.$ ",;� � ,I.'I.,;' ".': !,,.�- ri e/ t .' (•• t'tl , ,-,;ti (•-ji ?• . +','I tf`r : �� '. ' of Miscellaneous Maps in the office of the County recorder of said Count.;. �`S�4, 1 ' ` X- ti, y i r 1 1 't11t; i',ti7 t ,�+r , A t_ y' 11 �! , + -'k: 31,%" t�?'L x l J, l s'' ,4A. ` ' r Parcel 3 .;,) ' '; ;41. That portion of Hartford Avenue (formerly Palm Avenue), being a 60.00 feet wide I ;, `�";;�r�r) ` ' �r ': I; •' N, I' street, as now laid out, adjoining' tho north line of block 604 of Hunti: ton Basch, ,. ttrt � .�­I.,,. � '­".t,, I� �­1 ,,I.�,. -.. ,,., "I,.t . r t J. , t i r ; nti it•' Alain Street Section, in the City of Huntington Beach, County of Orange, State of '.",�i ',7 t�`r.-,,I ' art ��j��`� - , ,r '' California, ns per map recorded in book 3 page 43 of Miscellaneous Maps in the office t �, Ellrl>'�'{ V�; t ,. } c 2J ,y t ' ti ,y �� 4,1 r�: i %i11;. '' :' of the County Recorder of said County, bounded as follows: i i`'t Yr �'ti: .4 'tia' it`rM.'J ft ,!- ,,, , y r 1-, t}. r ,. On the west by the northerly extension of the weste►tly line of said block 604. A� t -:J[, j, I ' t ���� 7 ,r art !!`J �. JJ �`' , ` , n3 On the cast by the northerly extension of the easterly line of said block 604. : J ,x r I x f r' T {, li ,.� '. '�.. I , .. I . .. .� . ,. -., ;I"I� ,II . .7�I I � . ., I . . � II�. � " I � � I. . I , J . - . 1.-I �I I 1: ;- iI -_­_. .i,­ ". ""�,.'",� ^�;1_;'. t �i ,, -. .,, , 'I�� t1,,�-;-­,�. �. .' � % �!�".', , 1 -,.-1 I I I�., t, '� .� 1,.,, -.� .� . I : ,.-.4-,--�­.I,,, , �.�-. _.1. --,', ,��.. ,��. �" ,"�. ,-..- F, �'.p.� f x J ,. _ t . St r r 4 �I'�. t j. ri`"T{iiFA{itr '^r'. .I 1 .IAt r't1 ! Ir �� fFC {�{�, f tr'J•'i t l�sJ J rtrl t ai :� 5��� �; I a4 's: , -, , '-, ,. ,"� I ,I , . � III . I� 'I 1.�I: II, , --I, �-, " . .I� .I. 4 I . ,L1' �,I- � �II , , I I-I.I . . 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Page Two .-, I' ; II' ,'' " < FI 1 i J '. j Y : f 1 , '. .t l' j' ,(t ' {< f' `',` niratton interested to expressirg an opinion on this matter is invited to C1, C"I� , s"o i2, �y : = `: Any person or orgy r f I11 {, 1 � ublie hearir and offer testimony• �z � ►„. ' r !AIL., attend the p - ( }171 ( t ,, i /.0-,li J ' ( . ,- r ' t.. Jr t IJ t+,, JI December 15, 1986 r , -I,, �� `. ,'fir S ' i?' 1 , Datc: act t/i, , I,, 1 ).,, ,'ti q.•3p°.iT.m., or soon thereafter as the matter m�ty by heard! ;li�IttI 70 , } Ti mc. 1 .-,r, 1, �; I --. ., fluntirgton Beach Civic Center, 2000 Main ,��' , ,, i ,0 F n , t � Ylaeel Counell Chambers, , 'r 92648 r `�� ,} i r j r ",' J' " t.,, allforma „ .>, q J , I ,i,(l z `' 'ri' . ` Street, Iluntington Beach, C ''� � � '1 , a,. N r �I TI'/ l I lIt i1' r';� II.".ii }Y"" r 1 ( I i f 1Ait� ''F+.1;, t `: t', In l r+ , ,'_ posed Dis slelo n a.4 F,, llr.+tV1-� I.V"V '4. V 1Ii1t . 1 1 , �4���f t2 1 4`yte—oir} r•xf . Alaterial.. relatirg to the subject sale of real property includir'� the pro[ �;tf,` t t�}r.i,r `� Safet b California health and Y ?2h r1Jr,` fit,: r 1 t 19j1tR t +.7(�k1T , ;i r +,dkt tl 11 , ..ni i 1 M1 11in its/ ,, } it { t , r, 4I :, 1,'p , i , ' 1 t h r , F 1 y 1 o'Y , ' F .r ! r ;' ! I,I j . 4 ,r r . r, t `1 i f r ,, ,{ ♦i 1 f i' .1.1 1.� I -I , I �.r I, 7 :, t �'t c F i J M ! 4 1 , I +1 t ll .i GIs i '` (, s' 1 I, I ( ,y ( 1 t ,il r , VIt{ 1 I) `' f F . . , } * a 2. rye L PG, a', .l'.1 '1 SS.;l" ' {Fr1 `,rJ f 1.{F,, 1 II I' ( I.?,, �,, r + 11- I �> , ,. ! 1 }'I.,tt�t !l�''ir Ill,, ll '-t ,,'4'.'-1 11a ILI.. ,r ' , t r[ '.i 'i41 iYr�-'w 1F F .( R. 1r t..�_4i !ta vF t r %' 1 :, r. Bement and the surmmnry required Y }��f�t,{��,�k �,;,jl4,. ,j' ,'t alld Development Agr t! lxs jr 1.4 by}s"�S '� e Section 33433 ore on file nrri may be viewed or photocopied in the Office of the J •1 , 1, ,s• �f .,.7 Cod.00'+ ifs.(=t <; A t !A . , - p.m., nldrday i/\i-i"t , ,,1, 'I 'I,I, .I. City Clerk tat the above address durinb office hours (8:00 a.rn.IA;" i r"i.„t,1`p '; "/ -', }'H Friday). Further information oil the subject matter may also be obtained by contact r;; ,6 e A, ... I ' Stephen V. Kohler, Princtpnl Redevelopment Specialist, nt (714) 536 5542. r,I� l}i �� } ,4�+7r,}% ,I I 'J , { rIA,, P r -, T r 1,; r. it I t^ t ` y r: l iSrr!`i H`JrN�i:= Dated this 24th day of November, 1986. 1 'fit it `tt, If F BY: /c / y/'f City Cleric Agency Cleric . . T !r' ( rl. 7 r: L �: Mi ,,1i r?t ,t r.rr . j� , . yP•`I publish: December i December 00 1986., , ( ,. .-, t 1'X ,r t�Y '.l F. �� I , ytSi}r 0420r I J ! I; f" , m:' '. : yam.'.' i::k ' 1 ,i F w�(t ` + I ,1 ,)_1 ,1i rk, , f 1;.. > . ,� _ �rS fiy° 1 i ti r a i 1 v{1f f .,, I rla'{1 .>�', 1 `i /,' 7 t�l .! Y ;' I. + 1 7 ,� t, f-r "' +''. r } :; It I /.� �} 1, i i ` t/ i i 1'i! `. ,: , t :, ,� , l:- .f.'., r , '�I rr ( �'. ,' r` °+ 1 . Ii �'. " .� . 1 '.. ,. ' j Fy j I 1 '`} ' y(' i � ''t f(r:1 1 . 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'�r.�` , �3 s •I` rrr Jt t _• / �7Tr rhYs r!} ASS '3 r t..,• ,k ' ♦ �f r /i" DISPOSITION AID DE VELnNMEATT AGREEMENT lir��1 (W Jrr r 4 een the by and b' r �ztw HUNTINGTON BEACH AEnEVET.OPtZENT AGENCY, AGENCY, "Imp and ` r r STREET, }1 BEAChT_�'FCONT LAKE A, Calf Limited Partnership , ;� 1 ,. ' DEVELOPER, - t 4 r r 1 It 1> i , 1t ;«i i 'laY ` }`I �''�,i..t` :? � L•� i :r�Tl�! "rrkti�r +.,') ,�/ ' tit ` '�• - t (lir, ; t tf lrk� '•,i� ,j+' i f 1 T •, /• ' 1 ;' ,, � i. Vic• •,r��,) � ,;�, `t';�, :�. • 1 + ',r ti a 3 7.tI r i •, s, s ., _� � f t' r`r'.t�♦ii•,,Ifs,„; t �4� r'i � t�/s�!�i ♦e 1 i�jrxa}�( rc,e1 l ,+ fll �Kf r= �:�ii f-F'• Y� .r. li r�tr qq�,,hlkti r( s 1 ,•} ��I' ���t�f �r� �R r t sf t r , , r!)• s J•t , f- ! 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"`., .. i' /t, r .ttr`t, �::�'� I(J�j�, , 5 :.1)y.•• � �.1� t t` i : S "� S I ;��.� :-; :-i"1.� 17 Is rf4t'll, tE !yy �� tsT .r.+r: J= by e;: rl .rl /I- ,� I , +• ( ft�v:r.,4�« �t �C t t .'x i '' '`' r• . � ''}•J � ... __ J �"., t� r `':i` ttr `� "trr+�' •��}�w� =:,1� 9 ,. t �• -•J. .1 t f Ji �� }� ,�i a rt! rta'a4 t,.�..t r�tt, .; ,• •. .'. ,.• r1' !il _!'t i �,,, r �� t !.' •w;.+'i t rt\'; r 1� J 1, ' Yv (j` j `1,1 ( 1 'r a , :1 - r r r VJ. .� i (I , f •...I! Z±1 Jule t ,'` tt i •! `a`-�t' ♦i [�1 i (.; ! Ifrl 1. �,• ,'•% 1. 1 t �� W'r„i y. fU ,t..! , . ►f'f. r 6.. 1'cyam,Y'�#" >r. W 'iS t •.., 1 A.%i.. + 1-t i''1 . . a r L.,L �1.Y. .. - �i4�. :, Ilk ' 4� ,tlll lirye � `a ` ,• , s �f 1 �r Ir days after submissionto the Agency. Such change in ; , Y c constructs c•n plans shall, in any event, be deemed approved by the Agency unless rejected, in whole or in part, by written notice thereof by the Agency to the Developer, setting forth thu reasons therefor, and such rejection shall be made within said 30-day period. .FT �•1 r j t it Jsti,itf r Y♦ '�1 jL i 6• (§.106) Cost of Construction The cost of developing the Site and constructing �t, i►, all Developer Improvements thereon shall he borne by the r1 , ir'f a Developer. r :t; to 6+ 307 j (:construction schedule After the Conveyance, the Developer shall ' ..t 1 ,fir 1 !r, �'�F k�`• promptly begin and thereafter diligently prosecute to .,Ill+'r "� ' t• ,r completion the construction of the Developer Improvements and � th development of the Site. The Developer shall begin and complete all construction and development within the times 1k �` , ," specitie'd in the Schedule of Performance (Attachment No. 3) . m'tfr. A� Damage >'t► � }; 7 • j §308) Bodily Injury and Property Insurance y- �+ 4 The Developer shall deferid, assume all ,t j �{ (/Irr�-�;•'' tt p ��•s�,.,,�t� •,,; responsibility for and hold the Agency and the City, its !-'rir .r•• ra �e�' j,'.• officers and employees, harmless from all claims or suits for, :r'�E attd damages to, property and injuries to persons, including ; accidental death (including attorneys fees and costs), which may be caused by any of the Developer's activities under this �`„'' w�rl,�'; Agreement, wh-ather such activities or performance thereof be by indirectly employed or } �r�, the Developer or anyone directly r�r j''} 7 t•i�r.1°`f}� �; y GgnCracted with by the Developer and whether such damage shall accrue or be discovered before or after termination of this Agreetr.ent. The Developer shall acquire and maintain during the life of this Agreement, a comprehensive liability policy in the J 11 e t:•.= r.•t (r,r,l�r� ;. amount Fib Iwo Million Dollars ($2,000,000) combinedsingle al isYr nciluding contractual liability (part of which limit P l�� `�;r' •��i.�; t xr; coveracin may be provided by umbrella policies) , as shall , , ��r', r z ',{•r* �' protect the Developer, the City and Agency from claims for such '/�tt:� Eii 2•,: t ; 11, a ClAmaUeM�• 1 • r s i 2 si =t r' f �(1 ye.l� r' t rr,� °•'' The Developer shall furnish a certificate of insurance countersigned by an authorized agent of the insurance carrier on a form of the insurance carrier setting forth the ri] 7 9ti .., L + it f r.4. tK, �4W; +;(1,+s ..` general plrok lsiotls of the insurance coverage. This ,°'c r , ,'I f � countersigned certificate shall name the City and the Agency •, ; '��4' `Kt(,,llt•'t nnct tj%oh: respective offizes, agents, and employees as `_ ,, , "► ; '� , t, j"t, admit i otia►i, insureds under the policy. The certificate by the j t,rJ,t;*sl . �Jf1 .''-Jp�`V inuurAn a carrier shall contain a statement of obligation on '` ij�1t is the putt: of she carrier to notify City and the Agency of any E, 3 3 OP) /2460/19 —17` . •� t a f r J' .(rp1¢ ,,+i 1: ._, i�•f',.. gar. ,,.:.•_ ..3..'N ,_.o . .''.:a ., ,y r, , ,°r, t ..�I ►;•111 1' J ,i( >•t-.i •�5 •1' �y r< �j��1���. r pit' !( VIM • S j L � 3✓?f)� �,Jy�jri�l�.� � i�j� ! vv tit-t 7 f ra.t. t, • t (,� �;t illrt ,� Q� ,�.. \... t ! �;• rjs i •1 •1. , t 7 .L�i/ `+•;. S`.1 f }} �_",..r.fsil• ,, 41 1 ....:•. +1 '!'. •i i,: +. .l 1• �� , ', 1! Ty :2 ., � e.. 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" •'Y:, .. ..t �- I .Yitl ''i 2. :r. t r' I• :r ,;Y t �- .r 7: :�.,, ,,l a�, r ;>.: 1 •_� .�-fir yL��, r p ., } 1 . ,, , r",;_. i) ,. 4 - ..} • -i i, 1. .•. :,1n2.y,J1 r1' %40.:i. > ;�'•-'. f' 7 r � 'r. �," •s'ntt. It F' �n_.r,l" k: .'� - �• "+ .. r r. ,;•1;j,-} r 1.7r ., t.-'f.4 .....4 • tfi ;` ! 1'fl "t. -,'[,l f f. '4r t I. y...t':Y •,t-1.*«.. .f., •!i� •�. ,� S � ,.r ri '{f, �. .y., , • 11 �i. ? J .�:7.. ',,. i`,',�11t .:°..;5 ;, :'.. '... �::_. ,;: •,1 r.,. l J ,y, ` �!!; l S Cr iI. Jig ..,pY.\'t.,. '•i.i :.5:. `5, .,,-, -' . ,I =:, :' •it •j: �,y .i�'•x _t? i. r\�� it ..r4..,e(. :.-+y, ,'�c r. "' - . •.:54,.1.,,, ,., .., .,I :r ♦+ r�:i'; .. ,.f .! .1,; � ♦. yt •,.'�. ..,ett l.�. t -r.l -..,.r -! 1t (J, iit r t4�..�„ l•tb-j..; .j,♦ �,. �1 ,� ;'1V L : - •.:i .� .�st-J. c. .:' 1 •... (.�..- i,.,� :. , t.. ., rt .. :, r:;.� .1 1 .a ! �., i � ,- �. :. t .,. ., . ,. •.r !, 't d t /� , S, `i" ,Y;, i j M1`.�rS'NI•' ;'ti � .t+l..tw ,s ... ., s. yf l .. .... .� ,': i JIB •��" !• 1' 't ji l' rt t� 1 .r'' `:'rl r�r�r, �.i. ,.r .�:.`;.♦.t� fG' �, . ':y r. ,« ,. ,.J' 7r �• _ t �J. ttfa t1J, s7 ,'t r, t 1i' rj. d n,rt.7 }1'��r, _ti 7 •� C 1 , ���' r - r r a=eiAMMJ:♦1%',y ��,,,�y�l�i ;L.s:•,�, { .�' ' �t 7lr4'i ,, I,_ � `:', ', •.,.' .., •.',. � `' ., �iT�lk'�!`+`.a'�f�+ '•�el�§�,-� E , • 9.�.y, r..i ♦ OVMit-5 ie`l�i /57�6It13��w.. � yl i, t � 7r1 I,e'�• f7t rr ti .1 jjj m ' 1 a sfr + .•� ,• i z 1 t •,S rt J S •.., p f a ,nk 0 t a ` r� . f . ,1•' , rr r i t , t l" ,itlt`,. it l ,3^i r 1,.11 1 I ttt 'r aterial change, cancellation or termination'oi the .overage at east thirty (30) days in advance„of the effective date of any uch material change, cancellation or termination, Coverage rovided hereunder by the Developer shall be primary insurance id not contributing with any insurance maintained by the gency or City, and the policy shall contain such'an ndormement. The insurance policy or the certificate of asurance shall contain a waiver of subrogation for the benefit f the City and the Agency. The required certificate shall be urnished by the Developer at the time set forth therefor in he Schedule of Performance (Attachment No. 3). The Develapeshall satisfactoryfurnish tortheus6 to Agencybe urni3hed to the Agency evidence hat any contractor with whom it has contracted for the, erformance of work on the Site or otherwise pursuant to this greement carries workers' compensation insurance as required by law. tion shall The obligations st finalorth in Certifichis ate ofcCompletion remain in effect only until a h h as been furnished for all of the Developer Improvements as ereafter provided in section 322 of this Agreement. g• §3C9) CitV and Other Governmental Algency Permits Before commencement of c+Jnst.uctior. or development cf the Developer Improvements or ot:,er works of im rovement upon the Siteat its own , the Developer shall, it P 7` expense, secure or cause to be secured any and all permits i' which may be required by the City or ony other governmental development or wor such construction, }t. The li agency affected by Agency will, without obligation to incur liability or expense r: therefor, use its best efforts to expedite issuance of permits pertaining to the Developer Improv,amenrs. •' •' ^ r :�` 9, (§310J Ri— 1 ctf Ficcesr purpose of assuring compliance with this Far the p p4,•. +ty shall • f:d 4tiK ,'' ' `r ` ';-= , t representatives of the Agency and the C� Agreement, Jtinn have the right of access to the Site, without charges or fees, 1,•;,,�, r`ft�l , •' " at normal construction{ hours during the period oftcnottruc limited r ,.k ,• t S I i for the purposes rf lh_s Agorkmbeinginerformed in constructing t`'� to, the inspection of thew P A the improvements, so long as they comply wish all safety a Agency or of h Cif shall �,"w'', ' rules. Such representatives of the Ag y the f t,�!A t.,. be those who are ►;c identified in writing by the Executive Director of the Agency. The Agency shall hold the Developer j� ;7 harmless from any bodily injury or related damages arising out } e Agency and the City as referred to in t of then activities of th Ag this Section 310 "' '`v tee,� SJ tjt r t, : �Jt�• � � '1 , r 12/19/86 ;{! a 33.49k/2460/19 •18- s. �`ii �' . 7 �t? 9 , tJlj 1 r o`tttr. r,i,'tt /cn,,p�r i. war i 'rSir�rt`Urili x :: Ir�t� (may t„ •,t r• ..tit ��' .psi�,i: v.. '� r �. .�' .iii.lt �t,'%,'/ tl���l btit,��, r,�� r� 1, r,j •1 1 rlrl , li5.if „ 'Jt f b ,' 1 �.�1 •Yl ,, r #7 ,t r'ct h''l(2_it^�l�iy.�;t t y it ' �t r + 7711ww�i . i . t•,'tJ h ... J 7 1 ,,,t�',r .. i � � r r t tf"'fir j' , , 1 ,i .r: .r e , i. ,• ��� + ` J.r tt , r,Y•{' 'I. [y JI 4.,.�7, 0 f r 1.,111 ,t 11 r t T 7 r►.'y(,x ',.. • ,..,. I ^.; ]�. list tL Z, 1.., t• a`. _ : _ - 1•. ,rt ' JJ�.Ji S (� a'i �, ly: r• +-:. _1r3:'"? ,,.,.!r,? 1 +, ,. , + ,, ti "' 1 ! L :.s '� b •?y j , < Ll.C' : ! . �! ,/ C , f `., , !f d�Jjf. L.:..,. 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L :� �' ) :.f I .l ,':, tl j♦ Y :'.i.:1rjl ». „ 4I. ', 1':.' ,TI,.li �; i.' "'. S.5 ,,r 1' ,` !r` _ tY' r 1 1':,rt ! * rr, ',:,: .1'1 i.,',• d) �.:'. �7 ,C..- : t. 1, 1-Ir ,. -:., ' I . 1 ,r. .n1,h��, .i .tlj( tl�: ,,,, ♦:) .,1, +: :r. , ! ti :. .� ., .11r I ii 1, , r r 1 ,%i,i '�' y'1'«„+ .,rJ `.�Lt •>' .,,, �. T � , :.t t. .,.,�,I yr ,�.1 I. 'f '1..f. C.r I �j. (( ' ,r •}.:?,`i.L, ��1 -,r. a 81''`i.J r + .,+ .:+.j�1 . ' /-y S ' .i:T y,., 'rPY !,','ill to ..3... t, I VI ! 1+ ,� it (,tl is .1 ( L' ly >7C ' f: }}//// tr ,.,,rp,. ,:k,Y �. , ,:! ` t 1':.. _r• ',' Tf y..? 1 3` x // , : fTy:,, (,,.tfl li, f r ''7 tFt..: i t.' r-, "�' ''- 1;1 ,� :•11 tl+. 1!, 1 , .r._1. , 1 - r r,lt' 1 ••}% . ", 4, t, • ;':•' [''tI'`, }L . I lk. I �- f! �tJ11,,rt ¢r �f:i. ..{# }i''!E '�Gi`^ ilit �4 't a�:l,', (t,. th +-�4,1Tr il1A' y�%;,' k: ,i f• '� > ; • fyi IL 1,, 4r7 >.. ,7;.:.�w��'e ."'�-1ta..,,.nU.,,�.,,:lea,.,,M��5r7.1!(.a1!.t?M�.ifuu.sw'..-,..7'rL..r, .t;.. �„ii..aA�•E. r>�; {','.i1Wl..�r�� +�. ,1}�}��► r *ryT't 4�,y' , 1l L+ , ' tt� 'i +r' , {i: q1 ,,,II I. t J,i�-.� .. ' r o' I r,, 1 , , ., },1 J , .11Y i� I Ax .=1- ,.. . - '. ' t�A Ir 7 *� Rai � x: C ,.`;^'' ,:« r v FEE l�CFIEDUhE -- ORANGE COUNTY RECORDER , ii , w � 1 �, }t� tIy 1--f . r f,l'` s♦ I yY�+ i �, t.' j r 1tir, i� `4 �•�i? +tit ° l �; �s! .` : ' LEE A. BRANCH ,t; �, �, ;K- 11",�T` t , -rV t"' COUNTY RECORDER OFFICE HOURS: 8 X. 4 pM ���, ; �� + 'i" rr �# J!f i1 i ''. 1.3 I , +': (AREA CODE 714) ' ti ', r M41L TD; P.O. Box 23i) r r) , r^.) �i� ( � 1 ' �D Official Records 834.2507 ,t� r Flip i fa,1 , Santa Ana, CA 92702 t r t;` Zt �' Mtn OFFICE AT: Flnance Builds Births, Deaths 6 r .,I t S f aL el ., , ; .�r% �' *`y1, `� C f'darrlagoa 834.2971 'o �► +: '� , ��L,r $ 63o N 13roadtvay, Room 101 r � r:. � 1,1- ,. � 4 k. ; _f - Santa Ana, CA . ll t % +vc :�_ „r! 1:y < RECORDING FEES Code Section Fla" ` _ !It ;� I r '� .! ' i 1. First maximum a size aW x 14" ono side of ono shoot GC 27361 27361.5 $ 5.00• r" ^ tc II lii qIi `` it,, J,'�I j1Fl, " Eedt aedditional a eor fraction of a a �e ) 2.00 „ ,��J7iIlr +t ;tf �r �, `, , . 2 Pbnalty pnnl (More than 9 lines In a wrtlral inch or more than 66 characters and spaces In h, 14 .r . t , , y f: 3 Irw;hes horizontally), GC 27361 1.00 per pope ,r ` '. �� r i ,, 1.; 1,;! r11 1 ,`l<l A, S`:. 3. Combined documontb (containing more than one title or function) See ,# 1 on Back Pago. GC 27361.1 b,00, per tNle r r' �'' ' �! 4 F Al2 t{ti `,+' 3 r�ti ` i . '- r ii='yrr1� + >,s , n 4. Multiple rotarente fee t additbnal recording reference) GC 27381,2 1,00 per reL �' I ax I: `i t, J , ,, J, ) 5. Irtdexinp W more than 10 namos (for each group of 10 names or fractional portion thereof lti�' ' ,itr J, ".Q," r 1 i �r1' `•'. after the initial group of 10 names). GC 27361.8 1.00 " + .4 T ..,' ' �% 4 `t: t ), I? 3r 8. Notification of Involuntary lion (in addition to recording fees) Reso. 081.469, GC 27387 3.00 per debtor _ . �rgg -,,it 1, '" , L, } 1 ' 7, Roleaae of elate or county lax liens (except state Inheritance) R 8 T 4112 9.00 } i "�?{-rVyr= `fiL3 'if 8. Documentb to be filed, not recorded GC 27380 4.0o' t `,�ir tttl:+ " L' ` d. Survey monument preservation fund fee. Collectible on each Grant Deed recorded ;; ` a I t' �?>}-� ,:: `r t •' t '}' chewing a legt+l description outer than a complete tel and tract (Exceptions: Condominium " r ,h't-' r 1 c. - , :;, :" units, re -recorded correcting an error, gmnting to or from limmmental agencies, , rt i .,lr ij ,rt a u t ,. easements, right-of•way, mineral rights, oil and gas leases ,and quitclaims) peso, #78-1588, GC 27584, 27585 10.00 .;;, ,� �'�' 4. a 1 3 r y- Jr1 I + ! k'. 1: t''t, r-=:ri t, r r t,. • 10. Documentary transfer tax collectod oil all Instruments of transfer of real property, excluding `'r{�=_ , . �' W;„ (i� 1 Lit •� 1. /T' s->I, , 1;: liens mmaining at Ume of sale. (See 42 on Back Page.) R & T 11811 .55 per $500.00 "11.. '• i ,v :: 1 i 1 , V'r# !, � ' . !(, 11. Documents Evidertdrr� Chango in OwnsrsM R tit T .80.3 480.4 $20.00 }' l�s'li h I:.`tyY', fl j^_ or tl •D g f d r 1 � J ?: f !', f ` , i ' } L: ; Effective'July 1,1985 no document evidencing a change In ownership may be accepted } c: + ,. ,y_11 rv'r r r 11,i,i �:f�- Zt y: for nacording unless accompanied by one of the following: , ti , ', 11 ... 1 r ,;, + , r a. A preliminary Change of Ownership Report, completed and signed by the transferee; � I, 1 ;1> ' Itj�,,,, s -1j,tFI� `��i;, .'i. G. An affvtavlt that the transferee is Heirs resident of Californial or I ;yJ t. � I , ; r , >t.Tsy' '.fft)t I , #11 ' �? c. A recording fee equal to $5.00 for the first page and $2,00 for each additional page of , - p•'_h �' I "' ,+1� , % {1s f �I+, ,., '� , � ', the document, plus $5.00 for each combined document (see reverse) and an additional { t i , rf . k` t`, ! 1 recording foe of $20.00 per document for failure to Submit either a. or b, above, t /► I ` t,:'Flf}t./1")r ,f ft10 ``1.,.1C,' 1.jJ.'.l a.+w' `j t'r�' r d1< ,�\ Yt. ,, ,: MAPS -- FILED FOR RECORD j r , . K , • r� L1�;'s i. I .t � ; ,i�rn 1. Flung of maps (subdtAsion, parcel, survey and assessmenl) Gd27372 $ 8.00' rr -� jj jay , ;� It, i ""';rr; G1 f I,t r7S ' Each additional page 2.00 sl .( t t ry r l, , S" -,,�' , *Y14f 2 '�� t"`�' >`}`tl'rf ,., I4 ,Nf'k��,�y, r{, C ; ' COPY FEES l `` "`�' � v':' t Jt{ «i �,Xj1S3'11i',L kk +r+3 i f t' r`rJl A{~11 "r .yx! :�;'r''!Y1r' 4 ;' '1'"�" t I. Fires a each document 1�'� _ t'J f ,1�,Y t4?v4n�'� iit,t,�,i P GC27366 $ 1.00 1 , lrc,� r, �; rI 1,''-a �..; �r.Each additional page of same document •50 {• , tr ,-,w. 4, ` . ti r;r i' t' ,fu 7, ,,�Kt, , - , , " 2. Maps ar. documento exceeding 11" x 18' 1.50 '=r�'tJ. Y., '' t,t,1 '+"a� 7 ,�� � ',,, .fit%, ' ' Each additional page al same map or document 80 '`i , ='i ;' rf. i, ' % E '',I4t(;f'7 .?"I. , 1 `3�, I 3, f;ert{tication onl , ate documa..t colts be cortilied )( �" ` s ; _ '� ! 1 I ; „1•)`,,JI ( (' 1+ ) GC 2731i4 1.00 t } �* 4 ft r! >a 11,J /aYi 1 aJ"y ,Y'j 4r� . I 4Iw y w, t 7,Ix , , , ` I 1 4. Conrom�ed copies, only one copy will tie conformed per document. (NO CONFORMED I .xi:, �) #0 : � ' t'`2 . �„1 s�?r,}; t1 ,•� COPY WILL BE RETURNED BY MAIL UNLESS A SELF-ADDRESSED STAMPED ,f r j1��;>=,t t�, �r` II I 3 S ° 1, „ , ' �J'+; Kt' w�il� ENVELOFE IS PROVIDED.) NO FEE <c'`',,Z+,i Z� rtf } 1..j , rq ,fi'r f S . I ,1S , Y ,. r ,I . ''` �?tvr`�r{I•'�2', 3 i s rk {, VITAL RECORDS Fill . 11 s I i iJl'^j x ;�i�l�;�;l }t,1 rife I. Copies, Births N& S 114, 10605 �S'f� ;4 ' �d�. , �I >. $ 8.00 r r ,x.Ji�7. i +,>• S:t }}�tK .f','� �1,•�1'r :7', �k;i , 1�t "� ^, #:. Deaths 4.00 >(z � v �yj1 +�: r«> �:?,r!`�1,'� r1 1, Marriages 7.00 }� tl.f� r;!` r�+i��!r" f„ 1 {J+rS yt i Ijlt r rj • F tl'[� ii ' {- 1 '. i' i 1 li tw '.,c %v , i.t't; `1r �, �;�,� 2. Search, Births .,t r{;'j+r. H 8 S 114,10606 8.00 v �;tY �, J i,;, .0 r ' '„ ` t De,:ths oleo I J r rt, I `' K'! , ry, a ,�, J< I"'y x,, i ,: i t 1' , �'t. Y,' Marriages - " ''r (', ,;' tr f ?` i�1' � J'':� ' / A� AU. VITAL RECORDS COPIES ARE CERTIFIED. ;all f3'l ri+rl..J.t ` (F � yIl t �tl �'X�J"'II­&r'1rTi%f1,r,46w— ltit{r tit JY��1' j�� �i X t:%f!!!rl klIiY -,r ifs l iA . ', IS r J;J.} I r , �� 1 c!' Lr N k ��f r ; ., ' Fire Mr Ninq or record,'rg includes S1.U(llamlerograph%cs. GC 27361.4 Board Roan. #81 75?. 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Lr r , r r 1 r).. .art, l y U r r ,,,• „' o,i,.•,+-1 ,v 1 !l ,I. ,., .:,., ., .• ` ,�::. /. ,y., ,�Ir•:.,.., ,r'•,1; ,, 1 , r ,.1rl♦ ..'rrli4�. , ,I.ni,',,.:ryI. .....\�l �!,.. r ,,.., 15_ ,•._ r t ..:... ..l..., ,f , �:, 't I i, .i •3,.1. '.; :,.i: •/ -VI • ,ti •.l'a 1. ; t, +'f +t1f hi ,; .,..y,t ,,,: iF." ,T' 4 f,. 1 .1'.,. r 1f" , 1'•t+ kf �L , `1 �1+'" �{ J,1" .{,r 1 jt , ,r ,li��ft L' j)i'r f}:. J 'IrrpS`41 .fi ,+ .♦ ,y:, -t77 �f.2, ., t ,l �� .r ``; '1'`11 ,!° '�•,•, {+r' ,t,, ,7 C .. � , :: ,r" _:,In, I,I r -.L ,..r ,t. .' ff. i 'I, t y 'ji r``I t- L.1 1 r ;h "1'r.1, •�' ,,I).' r"'� ...I. � `a,' _ ., , I: +i ',i _I' :(. �,..S i/e'�7 ( r..r ; : '•,: .. :i_,.. .,,, 'i" 7..1. f++.rd t .:i,♦.' i'... )''i�'' ilr, , I J'. 1, y1:`,{ r A/!i r. �,a, 114, J . 3 \.lull, , :, , -iY: ,.:, .y. r. ,.i .,.:, ,)f, 1, !. f. ,, 'I><, 'I� iI {' 1 :.}',' r!' ',ii� Y - 'r., 1 'Y.:'J I.01j, •: Jr;I-,II)) 'e<:.: ,,..:, ti.` !., , /. '_+, ;; �! >' k f t'I , jj11 ..l,r, M .r ,,i ''Jr ' i_- '1 ' }' 1 t..;,"J: it !,a -. y, .'{ / tic, 1.1 ,1 r �,-: .'.'1 r. �._, ,,. 7t If.I . 'If ,' 'a:r r,.t• ,v 'r,' !I X! . , i } ' `, y,. t_",.�.-..,:`'1 ....,-I,-.( -.i "t'.• :rl+ '1 r. ,.J",i• !f, 4 . <I Fi' tic, II 'I- l+d. . Jr1, •„1 it l,r,., t ,c „ , iJ V :'v 1. t! it r, P.. jj , ,: t •f R 1• _1/:,.. ,:�,.,,,V, ..I gIl'f, f f ,/ to J}�- ,'f ! � , „ r �!,' I, ,r,'4. 4rl lt, _., , , ;r 1 I .&'aIM1: 'K'.v LI' ,} If" .,' ' 3 . . ,1.. '' Y.! tt,., i, 1 1,1 11 1' :�;'J. :;\�(Jj. ',, 1'��i + , S:j, 1. I,. :f., ,,.., ! t ,- 1 Ir, ,1 ,� t t .. ,. , 1. t ,,� ,', r1,1�1 - .' ,i ''I'., , I, �: it e.1 - t '. li , + ♦,7 f; ' .. yr,•, , i', !'(JF ,l ;'J 'i 1 '' rr I rI7 ,r r, .iT,{, ` fl`, 1'ii _ 1, j't i ' , I, % y" ., e 1 1 . i t' i , ' r,'i , , 1 1 ,fi rI t ,, , ,;, , - t ' , it `' 1•.r ,. s; MR V�, iY7, T 4 y r X5 UCC FINANCING STATEMENT Code Section F" 11. UCC Financing Sialerherits have been recorded since September 1, 1981. See Recording and copy (fens. UCC 9403-9407. Vf 2. Searches of UCC (rive -year period) first name UCC 9407 $ 8.50 Each additional name, same request 3.00 M13CELLANEOUS FEES r� f► r a 1. Returned check seivIce charge Reso, #70.1698 $10.00 2. Search Fed, Tax Lions and Fleleasos CP 2103 11.00 per roam 3. Copy of duplicate microfilm reel ,Ifj .01 pot frame 1. COMBINED DOCUMENTS (Section 27461.1 Gov. Code) When two or more accumenis are serially incorporated Into one Ion n or shoot they will be considered as two or more separdto documents. A base recording feu will be ch4rged of $5.00 for Ilia first page and $2.00 for each additional page for the entire document, plus $5,00 for fat w, each Liddill(mal document title to W Indexed. For example: A Deed of Trust and n Request for Notice of Delault, Base Fee 5.00 combined on one side of one Sheol. Additional title .5.00 Recording Fee $10.00 ea and a Reconveyarice, as) ASubstflution iThist Base Fee (2 pages) $ 7.00 0 combined on two sides of a al. ►qt. Additional title 5.007 RecordingFee SIZ00 �1,1- .14 asehi9d 14o.�.t gNsWV! 11 Ass�rirnonl (Le 1. Acceptance, I aso Fee (2 pages) $ 7.00 and Consent, combined on two sides of a shoot. Additional title (Acceptance) 5.00 Additional title (Consent) 5.00 4V10.,14" Recorcling Fee 1"j, 7j 1� .0 . $17.00 A Z DOCUMENTARY TRANSFER TAX (Orange County Ordnance No. 2183) R, The tax Is Imposed on each deed, instrument, or writing by which any lands, tenements, or other realty'soU within the county shall be granted, assigned. transferred, or otherwiso convoyed to, or vested In, the purchaser or purchasers, or arri ocher person or persons, by tits or their direction. ty The tax Is at the rate of $55 for each $500 or tractional part thereof when the not consWerallon exceeds $100, exclusive of the value d any lion or encumbrance remaining lh=on at Ilia time of sale. Each traiisfe, tax amount must be divisible by $55. The not consideration means he wriount of new money needed to purchase prqvny: EXAMPLE NQ I EXAMPLE NO. 2 Sao Price $20.000.00 Sde Price Less Existing trust deed Trust Deed of $15,000 paid off �ossumed by purchaser. _151000.00 and new $15,000 loan 0 Amount Taxable $ 5.0m.00 Armunt Taxable $20.000.00 Tax Due $ 5.50 Tax Duo $ 22.CO Iv T N 4, A g4 , . 17A WV ._ .4 'r C. SW • P, " , V,I , .fitX(Vi 1 '2 V1111! �� Al 4 - f 11 ir, - '1 .1 J. �, 7 Of I "an r.,:. I S7- I I F7V C` i P't 11 aW I P, 14 Y et ".jr) V.( %J1 I ra,4 S^� {',rY ; <.>rfcrif>W/�i..nw+nrr..+r+t.e.+wrt�r.w.wd[.i.+w1.;�::..+:.u�,�.....r:.naoil+:r.1��a�At'".,aYf , WOR I I I il, u A.� 3 MARCH-1986 (t.p �4 MARCH l�C R" 5 MARCH 11 MARCH Ok" 17 MARCH 28 MARCH 4 APRIL -41 .1 ,A 7 APRIL Y, 14 APRIL 15 APRIL 28 APRIL 14' 15, & 18 MAY 22 MAY 27 MAY 14 17 JUNE !jk ; l 2 JULY 7 J ULY �;? 1 1 28 JULY CIDI CITY OF HUNTINGTON BEACH REDEVELOPMENT AGENCY SUMMARY OF SIGNIFICANT ACTIONS DISPOSITION OF LAKE STREET PROPERTY 28 OCTOBER 1906 REDEVELOPMENT AGENCY AUTHORIZES DISTRIBUTION OF REQUEST FOR PROPOSALS DEVELOPER LIST CIRCULATED FOR STAFF REVIEW REQUEST FOR PROPOSALS MAILED REQUEST FOR PROPOSAL PUBLISHED IN'H.B. INDEPENDENT ,AND DAILY PILOT REQUEST FOR PROPOSAL'PUbLIS'IHED IN 0 C. REGISTER DEADLINE FOR CUBMISSION, TWENTY-ONE PROPOSALS RECEIVED PROPOSALS DISTRIBUTED TO SELECTION TEAM FIRST SELECTION TEAM MEETING ,NOTICE -MAILED TO THOSE,FIRMSTO,,BE INTERVIEWED (INTERVIEWS SUBSEWENTLY POSPONE'D ' AND NUMBER OF FIRMS TO RECEIVE 'INTERVIEWS INCREASED) STELLRECHT FIRM REVISES OFFER TO $1.7 MILLION INTERVIEWSCHEDULE ESTABLISHED, SELECTION TEAM NOTIFIED OF REVISED STELLRECHT OFFER STAFF INTERVIEWS THIRTEEN FIRMS FINALISTS SELEOTED BY STAFF FOUR FINALISTS AND REJECTED PROPONENTS NOTIFIED cftY COUiNC'IL/'4G'EN'CY, SUBCOMMITTEE INTERVIEWS FINA ' LISTS-1SITE,.' VIS ' ITS SUBSEQUENTLY MADE BY SUBCOMMITTEE MEMBERS AND STAFF) COUNCIL/ADMINISTRATOR COMMUNICATION TRANSMITS SUMMARY OF FOUR FINALISTS AND MATRIX OF PROPOSALS REDEVELOPMENT AGENCY SELECTS BEACHFRONT PROPERTIES BEACHFRONT NOTIFIED OF SELECTION AND LETTERS OF THANKS TO OTHER PROPONENTS W T'e 44 J 1 -4 7'. 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'" ' CITY'''OF HUNTINGTON BEACH r 7' { ar , i - ,+;I •, REDEVELOPMENT AGENCY II t. 3• _{ , ' , `r y •J-+'r}� ,tl I ft�}f(,7 3V'V1,.+} 11 ;, i.••Tt, io-,•,. ''rt�l' r�+� l.I r ''c , i' '' q_� SUHMARY OF D 15P05 I T I OF! AND DEVELOPMENT AGREEMENT ~ 1 N},� J ..} a Y it, J t` ti i:: r� �• �+ �i s 1 "; ,{ i 1 �,` {r 1�!' 1 ! 4'. '>u,t Jh� 4 tii �E J WLGN + t r Ir +> �{v f . + } , ;i ,r J'�t, r 1•r4 rrt J'J 3 r�.,' s r ft ai 1 i�1,7 fr IJ.,1�t, ,J i; ,�, I Y „LL / S SA ,� '1,T1 1 ,�i 1 I.�r ' t t 1. M, iYe if/t ! tt Z+tip.+,t`r ,';!t4-t - II,- ,1'� I". .. THE REDEVCLOPMENT AGENCY AND B!~ACHFRONT LAKE 5T. =r3� ,-'!,-t, ' " -r,r : y t A California Limited Partnarshi 5" ` . " t-}i�1^1 7:1#,•i- f ,��� j' j ,i 1 t' ( , t"`• . `, .r YF,:!>, li•,r,•„13:,t tJ,I- �,11 /'�� WITHIN THE P 1";i'..;.; ;12`,V-� ny.T�i3�:. y .T,I, tt, r `If� i ,. 'Sy. ti.t b _ L t �f'^ t `.a �t 1 �c { i, ,z 7 I l T/ii, '� 11A I N-P t ER RE>=EVEIaOPMENT PRgJ1xCT AREA R ►,r ` �Yi'; 1t;'; r ;; k' •;, .� ai tj + stit�jt +� ,i� t 1 �Y;sAt �; •off tF S:; t4`jiT K$ t I. I. I, ':. t�•, ' }r Ott 3 J�� 1 ,+;1' 'T The major business, points of the above captioned Disposition and ,-j1P I,7}, I ,,�1 ,`�,,',� ;_t,! rya r,' '' u' r ,, ` `"`' '"� ­{ J6"`ry '' Development Agreement errs aummerixed below. This iit intended ag ,r,Tii`tf �4 y +l tt,, �f;ey~;','i"/ err-s, t ; h q S®ct ion 33a33 of the C�1 1 fornia Health ki;l�0if1fi,F1 ,1 ram? } r t .i •:}T 1;,,.J - >ltl," !y ,'�'..t+.. + ! { � T•x rt r 4 : ' t71 jh �, �, t.l t e. stammtwry re aired by t ,ti th'a',;:IV�2i);t,s ;7 it1 stud Safety' Code+ but should not be relied upon in substitution for , t rt 'Y �2 ,T i'-' �J, b`: `�,14, �1 r the contents of the tijlttry Agr@@m@nt. i` r'�L,`t ,' I�+/ 1,1, ' yj1, {` d $I, i;' %':I rttr .�r•� 'F r ',., ?:' �, 1r /..' 1� .!�,, J , ,, , '�'; r�+%,;% -,5 x, k1i F,Y h� i. IN1T`lAl. SECT10N5 /of the Disposition and Development Agreement itr� ' ', rx f t'=t�t�,", ",`J,9,w.l ,• Y Q1 , t -fr �' di apuas the Pu;lposa of the, Agreement, the Redeve l opment P I an And " k h JS' 1, , ! ', T!>j`trt',;{'1' Projq `t Area, the Si t'e, the P2trtiea to the Agre'fement. and ' Y''�'' ' .. , ,, �4 � �t';3,''>1',fi,al., 1,; Prol;titr g Transfer tSSi00-109 c'pi-4). 'tZ,�� '�� ition A ainst '� t 'Jrl, xt+i +� � 14. i r I r, ;f 2. GOOD FA'! TH ' DEPO5 I T: Agency ackncw 1 edges recs i pt of th9 ... l fQ T ;? 'j" E% !t,1; ,t it' 4rttrl 4"''Yttj:, ?�'t't ,', J'' ` Deve 1 op@r D@posit o f 625, OrJO t 55108 p4) . , ° K tj i,v., _ • t ;�,��{� ` r:d_4,,JT��`'�tt Y,� ,rAMEh'DMF.NT T0, PRECISE PLAN OF STREETS: Agency and City agree ., "µ '` '� , „Ct, ' 1 3 . r. f Co I i S i1(0AIi t titr'#,':Y';qJ V1 ►E",�tl�ti 1e1r ' 4 to usv b@st- efforts to review subdivision maps that as mp h J 5,y,)�1t, I Y,'I �' „al-J Isr, ` abiandonm@nt,of streets within zits t5520i p6). 1 I ` 0, y "S ;s, , , I C .. J, t fe r',ti; 1 1s' �':' ACgUiStTIONt Purohase Price of the site to bee �2�••000 per ,. t�, �� lr ►:i� 4. ,jJ !'r4" 1 {,: apartment unit approved by the City tPlanned elfi units would yield t , ,4 j X ; , 1 I ,r S ��y "l S1,600,000) t SS202 p5) ` ��tt r } 0 1� �! 1 SI,, rt �7i a i,' I w Y,,t 1� �, `,lf t , THE 5I TE:. Th@ A ancy a tees to s� l 1 the site, t; I ft t. r `,�_ '�t s:,, , , '�► t�,. 1 1,,. 5t D 1 SAOS I'T I ON OF l; t; I-i8� u , a r,._ !'*` „ `,,�..#I:? acoordJ�noe with th@ If 1. ur'• I .';-�,� t @'-D9valo er a tees to davelo a the'site in Y , li,if',iCi,fr ",'',s,Y' fJ,. 1;u h P g P , hi Ir#'`.rt,,i , Sao a of Deve1 o ment and, within the times s eei f i ed in' the Yr i ., r;�"a �'`''(� r`1�; ° J A ' Sallgdu'le' oL Performance and in a►ccordanca with the Ordinance �` s ,F,r•, _ I { , 7. K,�";,3'r�° �: ', �}'t` `t,�{' ik i Code,- Planning Commission and Department of Development Se ,'fir` ,.,I , r,� E,, ,. = t, - ; , 43 ,' , r t rvi ces �,+ l t , JIt �'� fq r Re airs: that unite be developed to condominium ��t��Iil1�t��h ;�, �:f,i„y �,_; r{{ �, 1;,?,, +'r;' J y'Y,� r.equ,irem@nts. q r ( wyaF ,1 N,tf }'.j},� t:r%,�Y standardB, acknawledges,•that the forty (40), foot ea►semant extant r �,;#. F,�JTX'. .i rir' l�,l� t'wff:,;,lt-`� ts'�: on the cute is owned by rho Huntington Beaoh Co. and the Agenof ' ,t3;lf{,y"� ; ��{- ' ff { �i,, ICt r e S "} � s ,;t R aN�g,, :df,,Prf �'/ wi 11 use its .best efforts to obtain titl@ prior to the close o t';+' x j �'� fit i�'�',� rk'' fit,: a3,ti , r ',�'�,�, �,f u,;1; escrow�t5S203 p6) . I j 3 I,. ,l t 4� rJT , •i t';:"►,/)Tt1 wr�5,'�t}' j�f�;;rt'!t�' B. ESCROW:>:scrow to Ue with Furst American Title Company �tnd �� ;�, „�(g�'`�yypp } d C•!I . ,,1 _. , + .� ;,.. � ,�?a, ; In &C urdairce ,with the Schadul a of Performance., Developer agrees t `,t�{+r�` t� ,,� t?7 c>z'o ,r,'i' ' 1f' 7rtti'd' 14J,l' I' Agency shad 1 cony@y by '., 11.4.,i.1�.�',ii�'+�'tj�t.4.•,'..,i + ���1R'Ya,. ,.' Ci S ki,, ?el+(+ t to...,pay,. one-half of, the @t.CrOW CO@t8• '�{} I,rr =taf G'1'. 4ilt , I T/i, t :�;j _ U I , Grant;.Deed. I f @sarow is not in conditawnoroexf:end bt mutual , t7rr'j}1` 1 >'`; t . , r�'1 Y�f + J J gttt �.(,f 1 , ( ), 'z, : appointed time, either party may wi thdr Y "3 �,� ;1 F Y ,) IT t�r';'fk�tll, JJ ,1� .IIf J:�r'e� �� ' consent tSS2p4 p5) . , tl.) th,�2 : 1Z ,'rl f. ' rf / y i' I;lr F n.., J�r r i{� ^, , �[•,.' _ r�l:. 11 f,[MI\,r a(a+i,1Y ti.,it �'1 �' rJ'{Y{��IjR S%L� 1 .i L•-y '~ Ai nr l''r7M f'w1 I ,r�Ir, ij., F +;: 4 (, y + Jt`jF�Jty,Si;F�.•,Ifg1i,'+% eia C t. ti Y P a ��� '� �'., � E r�e,fir, fI r,�i`Ef7rt 1� r : fl t" p .i`'.'S .f .�•^Y•�.t,. 7rt,l� 4:. ?;.f:'wi gI 1 i�1;jr gii. 4 �;,&,"� . +.�t," -_ CLTA Ti t ICe lNnsurmnce Po l i ay (SS2ip rL i� de and bear the cost of a � , , - t , , :. �r�IliIi l l �t jls1)i1,i• ry 41,+!>'I=, t' 1tr: Ii"��t'(1 ,1 I �, 1 tl,,i �,✓;' E , jt �, tltt/ti „j.Y71`.1 s1 /it ". - g,?,-, R %,i Cis y'�, t t ; t 1�+�7 a q,��7 41FSt1 "lj•T Is kii~`ti' I rr ' 11 F#-"�1,1 �. 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'Ill r. 'i, ,Y i _ (1, '�•, ,••,_ *t.. �. +: t .!- r.l" ,. 1, „l)'1' h' J i T1' •ri. rt- .I I',,+ _af ..�,;}..•.'V•,.'...i. ,,;.:I,. •. t:`..,; - t it ,•,,I 1. 1 'f,. ,t_, ,, t' 1 ` ,.,, + l ,r., 4J: ,. ;, IJ4�..S, 'If .'.'e ,I' '!,1 +.Ir''{r tr � a , .. ,., / y'i f 4' . f ,r �. 1. .)%, .I. .,,•.',.+r'..1f L'r.+} ,l jr j �., •t, t , ,; I J, I j t J' i' S rJ %� -, , , ,� i Y' J _ t , L. ).:ft/, ,' , .It ,.yt�i , ,lt: 1t ''If•i _ . r. '.1. ,ter! 'lr t• c!• r,r )tyi :/+ {IT.G. •,ti.= ,,f., >•r'I,r::,f`t .. .I.. i 'i'.1 �i:r� s��'•',r 1 �f.. ,1. ;. f y f • r.= '(r n,',r t: ";C,, , .. Ire,. I� 1f\ ;�+ r .if,t,.. • ----- - - - -- - 1( .. r _. ,,yc�. 1 ' W • It �5 I dA 4 r IT tl At (J k IJ 4 Z • % IIIiAL • 0 0 8. TAXESs Any property taxes owing on the site shall be"split on a prorata bards an of the datelof convoyance (S9211 pli). 9. CONDITION OF SITEI The Agency shall convey the site In an "As Is" canditionj except that the Developer shall have access to .the site to pe;form adils tests an.d may withdraw from the , purchase of the site if soils conditions make the site unsuitable for the planned Improvements (SS213 p12). 10. CONDITIONS PRECEDENT: The following constitute the major conditions 'precedent to the close of escrow. A) Tho Good Faith Deposit is receivedl B) the Purchase Price is deposited in escrow) c) the Developer is not in default; D). the Devilopl r has a binding loan, colfliii.ttment; E) the Developer has recelvad a Conditional Use Permiti F) the Developer has provided proof of insurance; G) the Developer has executed the Guarantees (SS215 p13). 11. SCOPE OF DEVELOPMENT: Provides that Improvements shall be In, aco"ords nos with the Scope of Develor;tent (Attachment No. S) and shal I have a Val us of at least *7`1'006,320. if the .valuj pIRevd on -the improvements ' by the County Tax Assessor upon completion Is lems'than this amount, the Developer pays Agency one e percent. of the difference between the actual assessment and $7,096,320 (SS302 p14). 12.," SUBMISS'ION,.OF DRAWINGS: The, Developer, Is.r.e.quired to isubmit Design Concept and Construction• drawings according, to the Schedule,of . Performince I and the Agency is required Louse best efforts to review (SS303 & 304 PIS). APPROVAL OF PLANS: The Agency has the right to approve Mr.Psf Plans, Drawings, and Re'lated Documents. Agency must approve or deny any changes within 30 days or they are deemed approved (SS305 p16). 14. COST OF CONSTRUCTION AND SCHEDULE: Developer shall bear a 11 costs of the improvements and shall perform according to 'the Schedule of Performance (SS 306 & 307 ppira-17). I all V!4 1I 0-Ii 1 t 04), , _41ilti.' ? "_4 74i, ? 14, .1�kkl ;,171 f M It i11AJJJ� it, A 'j„ fir f /,' t. U 5 ' t_ f �' .I�•. , ' ,r,r ,)• f. i'. rl� VW" te. 7 - IT V t 4V 't r t • �F h -till AI 1• It'll V7 ZI A ' In 0, . J.Yi"'.•? t=' 7Z C, ant t a provide insurance pursu 15. INSURANCE: The Developer must p 0- and AgoncY, Officers, Employees harmless (SS308 p17), City requirements and hold the City, i% The Devel6per is prohibited Je., PROHIBITION AGAINST TRANSFER: from sale or transfer of the site or assignment Of the Agr6ament ,,Al prior to issuanoo of a"..ertifionte of occupancy by the Agency without the prior approve. 7 I of the Agency (58314 pig). 17. AGENCY RIGHTb,,TD CURES The Agency may cure a Developer gago a " de! ault.,r deed of trust and may complete the Aft, ,on any mar t improvements accordingto the Scope 0 f Development (Attachmen t t No.3) (SS319-321 PP 21-22). Agency shall furnish a ...... CERTIFICATE OF COMPLETIONt, 18. em6ntsi, or portions on the total.,imPrOv Ceit'i f,ic'ate of Completion thereof, as.,they are, read y for use, except that',the AgencY may withhold: ouch Certificate If the Developer is in defaul t'' under the Aj'ree memt. Agency must provide the rausonsflliire to;tor a ' issue a C rtificaLs of completion to the Developer within 30 days a' Developer's request (S9322 pp22-24). 19. USE OF THE SITE: The Developer agrees to ur me the site fo ' the purpos so intended by the Agreement and parmi tted by tie R2-PD ' Zone. Developer agrees to refrain from discrimination in deedst lenses, and contracts in perpetuity (SS401 pp24-25). —, 20 CONFLICTS 'OF 'i NTEREST: Agency members, officials, and • employees -are prohibited from having any Interest in the project, Y." i7, (SS502 p27). 21. ENFORCED DELAYS, ]EXTENTIONS: Times of performance under the Agreementfor extended by the term of On Uod de lays, a.$. Aots of strikes, mate rial arial shortages, etc. or other events beyond the control of the parties. Further extehtions of time may be mutually agread upon by the Agency and Developer CSS503 pp27-28). official OF 22. tioNLIAMLITY OF AGENCY FICERS: No Agency'msmbe r or amployest may be hold personally responsible far'thetermsand c6nd I t ions of the Agreement, nor the failure to' pert or by the Ag6noy, (SS504 p28). 23. DiFAOLTS I Anyfailure to rerform by the times set; forth in the Schedule of Ferf ormance sha I I be a def au I t (ie xcept for PS, i I permijteed extentions). The defaulting party munt immediately coff.monce to cure and the Injured party must provide notice of the nature of default. The injured party is prohibited from instituting legal proceedings for 45 days after such notice (SSBOI p28). 24. 7ERMINATION% The Agreement may be terminated by'the Developer prior to conveyance if: I I I Z 9 i'7. _pw tzf 'i, 1­i �o • 7, (7 l.z lift o" A O. i-Al I It 41, _ r f . i .. 1I �,Grw�f Sr r wr '. I Iv + t 1. �. �- =. 1, i .4 't Y I r t , 7 ,'i _ ', : , .i-- t'?fJ , '.e ° �•,i -„v 01,1 ./,, M'I r. ., 1. '',tt •.,je, .,• ! -... .. 'S- . ''. P I }11 i •I :•'V ': T': 1+'niAl, li , ,:' ,.Tr /�h' �' ,, Siif. 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'J ,,, , .Aix.. iN, i:�;);., "ts' � t,J� + r,� ^{f't > . ,. [l t•. , S} .it»y :, f �' 1 . I I • c, ..• -uw' rF1 y. �j J'4 I,. y i t F. io- - " t; , ' •' 1.1:. .. - - � , as - y, },• +.:;Jf ;•�j+il � ry,.' .•r +► +' ,,;'• -A .'' :Tffi •',�'fili!tr�t f] • i' ,4 �rS7�y �.%{� ' !�, 1) f : -I, r : ...ftmll r ii.'., T. i:i-YS,a: ..:'.:: A f S. r. •} ..r..._;%:.., �.i -. s7i - .` �t li is ., A. if .i".1 SrI �AI r i, •. _ ,� S 4-. . �.1 tJ,, .I,: r y7 � f ,, t z , 1 Vt. J ur I tiii ,I f�' ,lV :' ,1 ,l;r • . . ti r Ili l , yM , 0 0 , ,�' )"' its+ ,' .n AM.K�:�. 1r''}Yr ;t; A) Sai !s candi tune make• the site un>wui tabs a tar ;.11 !,e .� -`,,1of 41 the plarnod imprava!>lawnte; pr .# a + t tA, r� �ti �;;�J``.J� !; B) thR+Agency tai1e to oonvey title in the required X- I ,Ytr� i�[ Ai �t �[S r� t, ,r1 Q:Yndi t ion. Y' I ' i�4!'aY�c� ��;'fl)"'{{,tlr:; ' ?he .ggvney u�ay termins►trr 'the Agreement prior to aonvayance ifs w� ;tc .l} ili �1��; /,gY'Y71'� yr, try/11t,. �� ?t1Lo,., . jr, 5 ; 1� * •; a:•J { , , } , 1[ v«%, S..t: t A) the Da�,elo er asei rs or attem is to saai n thw ,, 4f>~ �c4 ?""cif . 7 ,r �.. Agreement; �t��li'f"� ^-. 14l + Jt r 'r�;t ;+.&,il- .I :�' B) therd is a prohibited Charsge in awnor6hip of 'the ,1,_ ,"_�,r. . ,` yrY.t,, u .• . r f{1'j,('1 �'�.1 j���' t•� �,'1' ,,,•, - DIS�i�ldper; _ �'s� f� ��'j'r�l• 1�'i \ 1N,,p ILA 1 ' , I . �' - : l,! y 1i. `y' TI: • y, Ah.$ T7 ,L7 {1" ;;Wtt� 1`%, -0r `Y: C) thn Devwloper does nat submit tho Goad Fei th �]ggq{{y `<< Dwposit (already received)= (f }0. ! , -?I .W.;j ��c r'lr`�rfr�'I�F,. D) the Developer doQ• not �subm3t insurance ,1' ' ` e } �'''2 41 S , 1tY..tj �; .; certificate, drawings or other required doouments; , \l ,* � ` # p >�` tt ,�+ . E) the Devei o er fails to execute th'e Grant Daed !�, `�'�\0"VA � � ` F) the Developer fai Is to meet any of the ( � . 41,1" it,`'1 rk '� Conditions Precedent or `�'" Ill .i / r t� f1; t'� ^ ; G) the DevQ I oper la►i 1 s to take tit 1 e when conveyed. il; x v tf'�, vr,iL ? ," ,, f . r. t ' �t �, �, "`,' t 1n the event oP termination for any of the 8bovw reseans, the �4 r' } ley{�3 / -,''ice - 1�Itr t,,.� < ll Y Agency retsina thR Gaad Fsith Deposit (SS6i3 p�,31 323. t:e �,.-, r...tiv T, 1Iq r,1a'�~'' 25. TERM.MATIt3N. AFTER CQ VEYANCEt. If Agency or Developer er i ,,�:7;Ss' t}ij',,,ra i1,1 }'r �, r +x ry - -.1 7, »h, V1t ��,y: defaultR,,alter the conveyance of the site, but prior ;to the •,, r ,t% rl�: y,r. 1;� rrV 'A;,�. complAtian of the improvemwrta, the inured party eeust providb ,,s ,f#„ A� rith.�i}��"tt+,a{�. Ix 7;+�c, dvf aul t remains, defaulting party i s liable for damages to the :�++ x T '�''� 1y 2 t4�1 �}y; q� t,, not ice Arid the defau 1 ting party has at least 30 days to cure. 1 f ,�; K !it,f 'IflIt'�y r to �:1': injured party tSS614 p32). �.i_V' Z ♦IIt.,\xr '♦:tf� , Ik{.zN 1 j7,vill .,, I+�,.rf.�, 26. SPECIFIC PERFORMANCE: The nandefaui'ting party may institute .It; , e �iLl1'�" I.1 an action fur sPQCific perfarmance if it default remains for m,. "I 7 A- : t�i 'y 5 ,1♦�" ', than 30 days (5s615 p32) . 1 r a, •, r , .,u, +, ! • . , ii1� , a.t�tf��� `. . ^ ��I; 27. AGENCY REI=PiTRY t The Agency has the right to reenter the ,;f , ..i;i 1� 'i. ; rr;Y �i,;#oI after convayanaesandsbelore the isauenae ofyaiCc+rtifmatt of r ;;` 1'' ee tj,� ��a,�j} } 1��j,,; "J;� ; % Occupancy, thr� Developers �, g� :'s,flr J' k {^ � j I, t +�j,` �t rr tii`'? Yst'vY� tirYi:1: , o is •, f,�`� i�; ,1. ,vet, �f�i, iti jr'w} 2,_,, � � ��;� . r5 r tif�kr^.lt �,"' 11-1:A) Fai 1 s to start construction of the improvements; �` >,_:� 't''• �I V. 'f' vfi , " `('t�l +3."ltl/L� lf, , ,�' .�:_.:. c..♦ J'" ;n ti b Y" ri '' 1.i ,tie , . 13,E i I [: Y,', �, , !) , ►rt lal,, , s:1. $) abelndons constructiCon for a period of 14 days ' � t'' r ) f ' r ttf J,'� . j e'il ri' , .ti.l' y O y 1 '�, ,^ ,-i'• 1(1 ,.,: k j � after notice b the Agency; . I1Z� r_.iq!4 t�.i . . 1r r .t J `4 '-,N' i ) it S � ,1 a ,1;Yrr 1: S lr,,,�tl�,�{ill . jRSi,� ,�(I�j. �j C) trransfers arty portion of the site in violation ! '',` ',,, ' 4. ���y',,,' •, ' G�. ? .'tti f7,► ,IV}_ ' of ttlL Agreemenv. ,� �.�1. 111wI. ry df, 4{1 ,i �1­1 , t(p7i r°Y..l r�yf�, " el. �' ��'., `'w (i�{ �; S;T-,, r Y 1�•1 �.i r t� { tji \. - r, 'r J.i.. r i .- �i. : '414 _av l! . 11 i t "}�I11. �'T� IV ., l .11 yf it ;� �:;,, ��° j • 1 aTc�:1�7�5i1��xj�i�i.";, ,{ii1:�C:.ty'4�"�:S':f I. r �F " . ? 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'l,Rf S v{ l4,'hl'.} l �? r� `' ti '.. tiff ' '.".•. *r: �`".' ,' t e '1•Y.'. -. ,.� 4, 41 ; tRlr.sMi r�llt/f�.ty..---a•:r�..�rr�...r. i [ ' , ,,'. t, z '1 tr . r'• , r I • . �r t t. ;, 4 r� •filr.3 �.,. ���.•rer...r+.ww.rw•'j•�.ww:r,7Wrtyawl��.+ar ... y :!'J,;�Ns %: * t� ri�rhrr i +I....A+ it�3i1�YJ.Y..jj.:t•.•rW +V . �a to f +, r r 7c • �j'N''Yf •'v41 f� t , l + ,• +I kloio Such reentry by the Agency she, I1 not invel id deed of trust then outstanding. 1 ete any mortgage or Get i Upon reentry :the Agency shall use its best efforts to renal 1 the site to a : ua y q I i f i ed buyer and use the procaeda of sale t :i , s i.�,�•a ; ,1 rrrh First, to reimburse Itself for any costs incurred ie . 1� to reenter, taxos or other assessments s on the site,�'-U."i discharge of any encumbrances, . and the co -its to complete the improvements, and�,../ �'; Second, to relzburse the Develo er U tx`f P P to an amount equal to the Purchase Price plus an development p y. t1,xr4Yr,,rM4 '`}1f;t; ooXts, Ions any gain or income withdrawn from the'=y'�' site during the term of the Developer's possessiert. „irra�K rK'tFVM� Any,baIance remaining after' the above. costa arc paid shall b4' n m # retained by the. Agency (SS615 pp33-35). 28. TIME FOR ACCEPTANCE: The Agency must execute'the Agreement - „� within' 30 days of'reoeipt. of a copy executed by the Developer or - - iz,;� the Agreement is void (SS900 p37). ;ors, 29. ATTA6MENTS t NO. 1 SITE MAP r l; NO. 2 LEGAL . DESCRIPTION : NO., 3 SCHEDULt.'CF PERFO j 'fr r�lt _t�} r'':'��Sx 4 GRANT. DEED ! HMANCE ,Y t; : _ NO 5 SCOPE . OF- DEVELOPMENT Na r 1 >~ 6 CER I LATE OF COMPLETION ON No. 7 MEMORANDUM OF AGREEMENT NO. 8 GUARANTEES t t rk f.• ,., �,""�'��1t,�i,�j�'�tr�t���LSt,��� ;�r'1. ^'ir7,'f4: •�; r J Irk Y 1pr i I � � {���r iF,;�x� r '�%.��/Yf-at+C f ! k.�t }. �. � t f •. } � r 7� s f,�i wt+�t�•��fdtlr iti•�r r'„,{, •�t14+� 'v F,,P' . + rii, + ,+,5 r r' �"•l S4 1 it '� Ia'l� � •�t/ rr klyJ+';y{' r �, '� + j J i:,r -iir� • i f�t1. f. s � r �` �J••� t.`2?L r n '.S�r - ., - r; � In y+'`;.►is '; r ; i,F1'rxrir+ �R7 J'i� ��w 7"�•,'J i�l��i''^''�it(' ^r'..� .. - '`'�, a��• r�/ j ': S-',11 K i r , •1)��j�Zf c)a.9r+ �� ' f nYw v�Jl}i 4') Yi'Fr'+ ' rY• r + +u�t t 1 t �` �, r t?rC r j £1,�`�stf .!t` Y..,j !jr S J ,+r�i�• ��jrfiY *INr] ! hh 41 , ot% «jj i�i +K tl l�trf�. CA I- � j F 1 •it Y'�ti.�' �ti+�1 >.t r . 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I!• .1'rt,,.:c. l., .).'r } -.t 1 r '•�r>f ., n .! fi: ,1 .11 .i 1. 3, ,a 1 L ! i ,i, i 1 ..r'.• ,,t ''{y..} ..�. /'r„ CI , r' 41� :..�'E�. 1..{. -.{:,. : ,r• ."•' „r : r.:;r !:' '.: ...,�,. •,, fi ,ti K� 'Ir. f.�� ''{ Y � / •, is .: ...'.:. : -, .:•. ,-'� ,,�{,• 6 ,i",e` .1:r ,f .i, «r. t'• t.l •`,y"'�s �c.i.t •' :,. Y + ...1iy W,.. ,• t 'rl.!•`�•� - l�1r•':..{}' •.utj. -, .; ., :. ,, ,..., -,,.., I..,. ., }ir �It r �; I J• ,' rr! hhE-' i0� t:� '-tr:.,JS ! l�-IS;It;7,. + r.L .,., .z• i'• 1 /i w x rj� ,-!,.•—;.}'�'t IM ,''i 3 ;.. �j`(„ {/T7• v..: r r r.. rdr. J.,,. .. `1 1 1� rt t 3: t ,�i c)S/ % t.r'�L; i, r ^1'4a } ,.•., r . ., t ,- ,,, lt''.. (", f .,-: , .c r. {,. ��rA•i,. t'1 .,,'`.iJ {_. ..„•,., i •]]JAI :^• t'3•..- -,,, ,, ,. '' ",. �,, ? •r ,' i ,,' � „+y�..�' ; `. /�.7.•.: rl. tr x„i t •,`:I r �l .f ';`.3. �.-,1.1 'ir , 1 11 - f r. 'rr '.,.! .t '., •�f .i. t,+ , Yi, •3,: 4.,�r>. 7p`t�.l,.5. I? s > 7: ,• f �j' 1 t t' i : ..};' �3 1,.,(t.1 l t;�r fr "I �} �; j }Fr '1. r � � •t, ' x! � '1 + t, �' ,• i H '�1 ,1 _\Sr:a, t ..J, ::,+.,• r �: :t, , } r� •7. j �.t'rr. .r �I r+♦ter sr. .. {"1.1>: �r 'I,xr. •,t, 'J, 'I :1 - y; '. .. •'n, �:•. .sf 'r'y. r„1,,,'j1r y/,Isf .•. '. i;� i :ii;,, ; .}�. It)'i,,+' 'J , ,f '1t' .. i !�•� i 'G',:i� C''I! jr 1 rtt/,S (:L t. :+' t(I E,,t� L I irl} r f i, 1, , y i' + p• j 7 J diLjy r:.+• . . .. it �1 Ir ,'��x , AI' r\vt•' r ` R f``' • R ` 1 r ,l j 1 7 A . is , .. .. ', ,• ,'A� , t CITV 'OP HUNT1NGY10" MMACH • INTER•DEPARTMEHT CAMMUNICAT(ON To Stephen :Kohier, From ENVIRONMENTAL RESOURCES Principal Radcyelopment Specialist SECTION f, .+ Subject NEGATIVE 'MCL ATION Dete November i; 1966 ; { NQ. 86-56 6. Applimit: City of iiuntington Beach �lt111lStZ ' Disposition and Development Agreement between the Redevelopment r '. 'Agency and Beachfront Lake Street, I,nc. r1 , Location: Subject property lies• on the cast side of Lake Street between "Indibnapotis�•{ .�. and AcaCia•AVC'!lU(! Y,f rrJ11, iy 41 iJ �i Background BAsed on the Stiff's initialstudy of this projectai Draft` Negative Declaration was published in' the local nowspaper and posted in the Office of the City Clerk 4f, for a ;l -day public review period ending and no colrrlaellts, the attached cot+rnertts were received.` Recowendatian The Enviromae Ul Resources Section rec4itmends that the approve We Uec arat on o. ,,r,._, ndtng t at t a 'propose pro eat w 1 not have a Significant adverse eTfec.Z on the environment. 1, ,� ... Mitigation Measures , -The attached mitigating measures will reduce potential environmental effects' resulting from the project and are recommended as conditions or'approW. Respectfully submitted, Diana n B assure Assist a Planner } +JRB/.dC , 2 :, ILK t Y; ,01 Ad I MA Ito PW voll"M"111 s.:1A1AhQrlW to Publilh mom Ora" naipcoii by D6044 01 this Sw"rlw Court ounly, NUMW AAJ214, 0610d 29 Sqp19mber, 1941, and Ciellorolti, A-24631. dslwi) 11 Jufts- 1*3 STATE OF CALIFORNIA .4 Ut _iI jir_j, , 4 41 rr County of Orange I owl "10 OKS towso won I am a Cititen of the United States and a tosid"I Of 0i. the County aforesaid; I &M overthe 600 Of eighteen o, I years. and not a party to or interested in the below entitled matter. I am a principal clerk of the orange the Coast DAILY, PILOT, iwitli which is combined Is ' NEWS -PRESS, a newspaper of genwal circulation. printed and published In the City 01 COSA& Mesa, County of Orange. Slalf, 01 Calilarnia, and that a DEVELOPMENT DEPARTMENT OF Notice of SERVIC ENVIRONMENTAL RESOURCES SECTION of which copy attached hereto is a true and complete copy, was printed and published in the Costa MaSK, Newport Beach, Huntington Beach, Fountain Valley. Irvine, South Coact communities and Lagun_ Beach Issues of said newspaper for OisF XKqMMVAX"gs to wit the issuers) Of , J 6 November vi) 198-- 01- V ArI, "J IT I declare,.under penalty of perjury. that the foregoing is true and 'Correct, is j o, Executed on november 6 at Cos as Mesa. Callfor ni Ignature d _0 • 0: for gKicil"wTumt ap n Rom C lw mm W4 111111,11110" 1W ,7 amwe Plowman pirls., 96417) b tequeM *X A 44 urA i spwWnw4'Vr*PM hi- Iq is, ftrWA M daibAy bms kit a"".J1110 ;ale w4cor 01119N13 vivy � bodw"A'i walowl, " W4 Pwt3rq ==Mard 4. 11151111110111.111 we bated on ft bas 11411hoWl"'emm 023. , Ale! EmWd, LI 11 3wha;wft rored 1104A 10cok" 04011111- *ft OR, 4d end is dkft tarlllry rrteborMul I C" no I out, MINIM slmowt; P.k Wli 19k tMwArldron a f swift CA W" be[ 000111610001" 6V I" deowim.; I um 66ft A&Wlq M N doftem, =7 I ~ dnvk ees*AVrd LVAG Street Oil- on wMaw" 0�1 Wcaw4ffid LVPO*d pAport oorporet litATWMA'will VOM be r ilpirred 1w IM oriole t►w 04 awo ewrtlelpo "", I ; .. J 0o11111' 1k VW V0de WQVft &4w, by, the CRY _111p an Doi Vft n PWW d":10raft" Is IN or* od I 1"roft -WJrrtYleton k CWWWWOL Am per - oft W wftywlt so "Llila 0* do so in a woo 111 gW% of Mb I by TV wrfw low va t%pwt- PROOF OF PUBMATHM fir, ", V kxi - -'A�� Pit 71W� JT V11• R 00 M" ri, j(_ -oil W%41; L Tr 14 ofi "t, V Af f or, r Al, n is k T- IF ­ I -1 '.�3� '..;;.�.-.Z�I I �*I07,h., , V - .- , : .: 1 .1 ." -'I , , ­, , % , a t � t"�j.v,i �J, _, 1� 1�I I !I r " . 1 ., W­1 "J v��.,�"1IF - ?i I,a 4­._j l 1 � I j1 ,- s , r. -" i# I" 1­ 4 L- 1 I , , .. - 44 . T I . 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"ir %jl/ �" , I ,I j itl�%ZiI - •I%,-� .:;";�-.'i7oI f14"ICT v ; ,�,;1s.­"­"i.'- �;,.�AX,-r/1tl*,­'"1 4I� -i , tf, ' • .i., -I:f,1,(YK�.1� V,. 1, I ;t , r T -, " .'IeI!i�1/Ji­y7.--f,,ij �,_T__j I ,J1� L,,W_ .,��'Y4'r"04KC �-i­rr,­.,.,�% :,,:'�'�.�,i* 41 jI -I � 4'.f I- ,I,4 'TIJ,I �L,W I-r "A'rV;'1.. %14,�%r"l;e,';r.l!�.I3� ?I"I- IA- 1 , P 4;, .r f.­""­f ­A14 ,II..i�f 4,".11, . ..P :1I.. " .­.11 �!I ` -, ..,L 1,�1��% - 1 � r ,V * 1-- ,., �,-1,�T".; 4�,; i I ,,,6_.. I �i - � ­1v 4 II� �� �i ,Irk A!(,I, I ,�1V�%­ -I,0 f11 A�rlj_,- .i, 0tf­II / ,i��i -L;;-­ ",."I"-1ivj,�. o ,1;;%;�(�1�.1�P. 1, ,;, ?I_ . . � , 4;4� if'. "', ,4 11 � i, ) -,P,-I�,�r, I ,, I'It I - j,,I1�I;,1I.I I I,R- ��.j � "I t- *,,w .I ­ —W"�I 4 ./;, :,%o' * ­ i 4'� -� �,•. ,�"`I (­.., _,#.),"j;'i T,�1- -F' .——w.;4'_ i,f I , ,- . —46L1_1A. - , I'.j .", ..­-�­7­ 11 3,0,A� it. ISI"t, -I�1) I ,I, t;i .,IV,I ;% 7 I.tI I. ,. , ., k['I.16I ;J, , �I,-?,�101,•, ✓ A-�., 1. ,1,4 I '.,P444 .F,;Ii zft4- - I .J."t6,,- , . ,I*N Ij� e 'I I 11 4, ;'-­•41 ., "'; I cYi, 4-�"­I 1 4 4 N 1,k . . 1iIl I , . i ,1, GTN , , ­;1� _, �: �,�qj - 1­,J'l � y,,.­tit %;• 1y. e#.-11 I ��,7� "­I,6,, ­ DISPOSITION 'AND DEVELOPMENT �� r/ A'%'��, i":�a, 1 .�g� .0\ ,. f-4'1`,,;,tj-' Ct�4-'"-� ,,;_?4,io, V4 .,, QI j­ V/ !iq10 "! ! -,.; :"- I IIi.f ;­ I t ­ ' ­ ' 1A3� t,­1' , 0. . , , _Y .." I I � *I .iI. � _I I ww s. IuI ' sI I 4 .' : I .II. 1 .,I �I I. I � I. I.� . I I �:I I. I �I W.. 7 �.�.. ,rr I ,t. ..." I 1 I -­ .I"..- %1 ..- I,. ­-1 " .� I , ,­-I"T.1 ` ' ' .� .t " !0I I,. ­ I - I-- , ,1 .\ . )0 , 0 I,I i;I.I, - I � ,­ 1.. I4 !p41;7511 _%,. , ­"�IThe maJor businass points of the above captioned D15positionand- 1,1 ,4i­�?,1l . J, .�� I� Agreement are Summarized below. This is intended as #"0,., �.4 4 . " lI $ 1the summary required by Section 33433 of the CallforniaHealth C ,..f,,q�. 1 I ��I'�z",'` �u,,. and„Safety Code but3tution tar . �, ,U e S ­ "141',,L �i,,.le;41-!,I,iTtA'LDNS of the Disposition and Devel ' 419(kl Ip[1I �Projec -AreaPute 1,�,�ssof the,AgrQvm9ht, V;, ,W,,­, "A� t �,,p� ,-t rII;.;! )0,,�,, ,,ee ties to the Agrooment,and .1 49�"Prohibition a nsf ;0 4 7If,�*'-)�, ,- , �j-i'(I1_�*tI,i,,s,,I"t(" 2- GOOD FAIT D '�I1.1-Developer Deposit of $25,000 (SSIO9 4),',­:' p - I, ,iti-V TS: Agency and City agree ,-WI; a ivmthat a0CQMPIiEh tI , 3') :� Il"jjI11� p s-Te ­rjt,;(,r­t ,1 01;1C % " iOr,4r1n­,) 4",;. 4Y��'VI4­apartmentSs I-4% �,1%w,�A, ��1MkT% i".:, ,�tt�',l-U 'Y""'. Kz*,;,6E4�,-!4�6"?, S. DISPOSITION 0 : TheAgencagrees to. s%e 4I t� ,4iS,,�';' ;. W. 4kI �,,, 4 1y elj the site$ If I I 4;�"10wV.,kP­4 pnce With the I 40)"..' C, , .l;;*;ii1!4,jf" Snope 'of Development and within thetimes secified in the.,w �%�I I C:.�'. A1.iJr Schedul.� Performance' ce and..In accordance with the '%11rdInuiice 11,I 1i C,"tZ.3�I.'-I.ylK,Vk��Codet PIanning.qommission and Department of Development. tt 41ft,.4P ��,.1-7)Irequirements. R"quirethat ,units b domintum, s -bIi!',!�I �1 ­�;�v.J._,.;1II 1Jf,z1t41 _ 't�IIN'..0) foot easement, extant f1 ""1.01z1+a`!�-�i_!;�'4,.f . .o buildings iAI,­1* ,t;.� �' 1.i I tW" ,,S-. . ow to be with Firs.,13f . t4E4 A."�"i, t Amiricin Title Companand t" �" I ,?I.dI . ;f-"j�.,e.Devi . iIn a3cordaroe,with the Schad , 1A.1 `iu I the escrow oostse 'Agency shall convey by ,'-s`V"jI ,rN �MI I Ii_I1t41Grant:Dusd. If esc.TOw Is not in condition to close at the0Y.. , ; 4, a(, I -11Y�"F;""'iI'l t,,"�1AIi�;�, aPP0 n Dd time, either party may withdraw or extend by mutual l� 14•,,Ni'0..4,4Vt.. C �g ,I i-AI,,,psl ,VNIP"l4'P�0�S i, I",A. � ,- r,)Wi f;V" z1,v,_. 7. TITLE .. 11 1-1 IP,Io.Vof a _~. ,;.)E� I%C'N �h%­T. ,Title Insurancey 1-1I �fW, � " Aj .. 6.II 4 , " I 10­. � ;nt04iVi.I ,.._.64%-4i1 - hall be split 1 ,­1. '. C".�K-.;-k�,_,1, ! as of the date of ' I � -" '�?"7.�(N-�lk",t%j);,t��6�Vr VI II ", "�6,,r� %i.I,&K),4ff,o jp0�A �1.:..! t.." ," , � . j - , i1 , . V,I4 t . "I . . I* --�; . s-i -�� F!;g",i�%1,-.1 V:", .Ir I I I 4*I ,. . . , .I, 4 ,r % 11 A I*?014 1 .' . 1,", :XI'.1 4 t,- , ", V, AA IF �K-�?.",J,,"� 'eh1t4� . I ,4�­s -!';�U[-YN!, if 4 I . -1 1 . I , AI, i 1,; 4 - - I!f, - .f 1 � . I , P * "* , , , ., , - � 1 11, L 1 .�.... -.- .1 1 - (, , , - , . , - � , ' � ' ...;t , R , * � � � � i Iffi 4�� ,—, I. .. -qiI 0" f. 34Z;VIr-�I .,. N .ep if.�& .fjr_f,,qt,0AI vwnb 01Al"i 1r iljk�, , 1�,-- "��-1j':�?t;;,1�1I_t% ,,� 1, - 1�_7'"I�"V'**4i'IK"11.JllUIt41,,-,U,,,,,..�. 7....W'iI . 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If 1 '. ��d` '�.'� f , f I,�1>. �j,.Y I i'll =1 ,r'1• Gwt. t's�i�' � 7• '�( ,r.. i ., i.:Y�i•.ali'i�'�•�`ti,'�.�,'$'.):/a�Ci•;,+�'.`i�.Y'`�l`.2:?'�.3'!>t�Ti'..ii:lSi�SZi�������i��^ r♦ ! 9.' CONDITIQN:OF h1TEs The Agency shall, oonvey',ths+ site in an "As is" condition, exawpt that the Developer 'shp:l l have access to wG.7 I the site to perform not is tests and 'may withdraw from the puroh "is`' of the site if soils conditions make the site ,unnuitable ". for the planned improvements CSS213 p12).; ,(Seer 10. CONDITIONS PRECEDENT: The following consti tutu the major ", t:•° }41,,.;' )11 'fir ;,ir•AC : conditions precedent to the close of escrow. ,til'ij=tr •ri'`r;. r,'- A) The Good Faith Deposit is race ived't�'i'tf 0) the Purchase Price is deposited inr escrow; -r 7�'t1; ' C) the Developer ig not in default; tH the-Davei'lo er has :A binding loan 4 P commi ttment i It, E) the Developer has received a/Conditionml P ) Use Permit; eve l oper has F) the D. provided proof of AZ t `;;; insurances :b`4 4 ti, • tern; r;tiry , G) the Developer has executed the Gutranteas C SS215 p13) . �• '�i az ''7}'1' � Tf ,r•; SCOPE,OF DEVELOPMENT: • Provides :that improvements shrill be h• `rr rl , r, ' ' ` '`c a"` an, accordance l dae with the Scope o f ' Development (Attachment No, 5) have a val a of t least i7,098,320 a r err r t �tjft,(lil f fAI f fi «^ 7' a rralue pl•acud on the improv+�manta by the County Tax =I v ►;: t R ,a��, t ( AFseAsor:'upon aampl etian is less than, this amount, the Dews l o'petr f pays Agency anti percent'of the difference between they actual assessment and i79098.'320 t SS302 p14) . a '0 ;``r i,, + SU6MISSION "OF DRAWiNGSi'' The Davelo er' in, re uired` to submit in h Design ,Concept and Construction drawings according to the r; . rr• �. aRt� ,Li,; fit?,.; Schedule of Performance; `' and the, Agency In required to use best � - �'` efforts to rrevi ew (SS303 h 304 p15) Hers APPROVAL LANSt • The Ageaney''has the 'right to, approve p „•, ngn, , and Re 1 ated Documents. .Agency must sepprove; or 'deny' any changes within 30 days or they are deemed Of approved (SS305 p1S).• 74 ,Jfe. i !{�5,i= r,>{ p s DeVe1 P 14.• COST CONSTRUCTION AND SCHEDULE a er shall bear all r 'rY'1 caste of the ' improvements and shall eerfarm according to the ' Schedules of ,Performance (SS 30e & 307 pp18-17). 4rn ,,• f+ i`''r �15J•�' INSURANCE: The Developer must provide insurance � urAuant to k: CNy requirements and hold the City, Agency, Officers, and Erap l oyees harmless C SS305 p17) . 4 r + / t• r 411 tl t r e l'r•: �r r �Jr�i �a, •71 � ���. � i�v�)'1t.4 i ��tri .. r tNnaic►*►a.•+r�«....».•+yr,a..1+,+..w.�•toa}►Cu1.1•iler� } :11t>?LY�.�U3i.%Xi 5 frl �' x .,. tr Y�' N ? ifAT!!"JDiti}tSLJtT �'�r �, Il:Jrr 1 Jutrrt�, , �M-yrrr► t/' Ntr' �rj.talr: �I ft'.11 fira1y_�•1,t•r-'�. 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I .. . . -- t ,11.II; 1 W., ., I � )!- , , , .� , 15I. .. ,.. ! ') . ' r11t1 J. . Iq f, ... .L - ) , ,.....I.�. IIW" ­ I� ,I � f � .1. I, I I II '. . 4. - - ;' , I: ' �- ..;I I " ...w.. II 1 (t JAT V L ,1 ,1 1 ,4 i .IM' .4- lI 1P, N, I1 4 I li.. .I� I. I j t ,II .,.1 II1n,1_ 1 � ,cP ,t � I I. %I 40I :.1 2I-- 1 W A-t .7 I -_' A- , � ,_­ ,,.�I ." ;n ,I ". , , II ' 2- ) 0 ,-�I ,`I� ,I ?- 4 " ,N �.I -. r ' I .i , , I!1,1 .. .�- I. . - 5t -, : , I - I-- : , ,I , � , 1 , 'I , .­ ," � 1, �J,l �­ , �1 I .1 r� e�" I GAINST TRANSFER; The.Developert '7,1 s": I III,0 - , Vq I f"I 1— 41s)1 i;,"j r&i" from sale or transfer of the sit& or assignment of the Agreement -7Z Iill 11�- ) VV, tI" " !I rior to.,issuance ,-p t­.- ,,!.el))1, �, �,. I I with'" h , I ," y1.WR, W�I,,',�t4 i:lN ,.JI%,� II- I I "I .:v& " 11. 'f �I1.0: The Ag' �,,k 41 1,, v t A" VP " AGENCY •I R I GHTS TO CURE1 t1N I 14".,#I�l - .default on trust and may complete the IJ,LtA, x1,i�1 14. 1-�I-t-.,iC"1 1Y, If mra ,�fZ.1. ,. ,. I.I I.,,iI"I1,I;I �VI ., 1' ,),.,",,�0,;,A�L a J;I,c" V4tA.t11 "Y4,V,h,,_-_V11' A�;"I"9, ".,)t11''. . r .-i-Iff5 RI1,*;1; 40-�RW1A, , '"�iN.I 4 I ey,!1- _1WI,�I0-qI�P-J?.,.""­', I�"� , "q-114qeUX�,,(� !0 , or nor'ilans a u�-- �-Z? .1J""� -1 ",I.;:-� e 1"i,P%113 S;',TV�i:,1"Ip, iT?I �v",II K ,� - * "�? Ni0r'n1.. withh6 i Developer is In d. . ;t-17"_",,.tJ1j?Qt;t�,theAreemeat. Aganay must provide the reasons I to r 1; 0,4,i ;-,fi-­,-1� Ianus'a,CortifIcateof Ccmpl'etLon to the Devoloper within 30 days -;"/ r 4V401iI4 Iz� 4Cl".,(-,.-- of Dveloper's request (SS322 22-24). 1 . *'A'.Z, ­i �..Ipj'r•I I.,41,-, ,I.)"1,� , I/ 13p L J- g1A � , I- I % " 1,,I 196 USE OF HE,SITE: The Developer agresstouse'the situ I, � yriieI -� .%. -TI the: purposes,-lntonded by the Agrnemorya.nd permitled by tho R2-PDA�;z-1�4, 7.... 11i,, II Iireer,to ref " )&A,l ,P,��Iz0 80 ­ h fram disorimi atfon,In deads, ; Z,rY k cperpetuity CSS401 ppZ4-25). ". f *)" ,-j1I "1;i "51 '.��,P1�as1tratsin .. $.�,�`I�AN',%v"/_ I.: .", ,CONFLICTS OF INTEREST . officials$and .AJY.�.OJI4o:- ,.-.1Al"I.Xift"I 20. 1i7rJ��U,81vrIt eaa6e.roh ,1,11 6"..,if,,I_��,;.�,I,,Ppp )N_i,%,,,J­'VI-. F,j,.t,CC- l . "-1'Wr- 'I1- -- ,ItW! I0 DELAYS, EXTENTIONS: Times of 'per under,'the4f.T,"1V0 " �t)XgI y ii i';"'')!4C1 -­q�.-" U Acts of Gfid, .strikeE, mateor other even't'aAreement"are extended bthe t'e fa d.oIas a.',4JcI 2V-1;ij.1­;I M�,-(;,k"(A i1�.I,ti 1 �' .1 , " . "J , Il,-,,%4'­v�.I'r :b, - . ge �. Znk_;'I%�M�-jf`I4;I "III r1'L , I I.I,JjA- � er?4h�ir! may, be.AutuR y the Aency and Developer (SS503 -1, ,0 q1; g.4r,nJar ,tz p ? ($ij;'l0ItP,��V .;"�f���,'I,I. . I! 4 IW 4'(� �iV,-V 11Yr,X1I4 1X%I., ilIY OF A3ENCY OFFICERSt No.Agency-memberiofficial , 4*1 ';iL A41,.IA7Xv or employee maybe held personal ly responsible o teems. and �MN �y" 7w�4-Jgq- �gnncy 66ditfonroftithe Agreement, nor tho failuretuperform by the I ", 4.14, dN1- 1��. "' CS.I Njlm'-IWir,�r'%-IP. W.­(�Iy, 'QIi­�, 23. DEFAULTS: Any to p% 6 ,:""41OkRi"NpeI Iext6, mansultlngdpartytmustcimmedlatly. ;�1.".'IX ���. �jW1� -y' commahce to cureandthe inj!jred � privLds notics of the - �� ...I 1, �7I .J Ii,I X; 1 01,tW­ nature 'of, defaultThe ip 1.� NjrI 4;4A1rqnjurodparty Is prchibited from I ;;II _JfriA ff.,Vlnztituting legal p _9"1 . 'I3?�t1�A 24. TERMINATION: Te Agreement may be ter ,4 Fevelopop i, . , ix���� • ;v 71- tCI it .r0?z;j;- . ions mak4 .,K 1 4 e hesi�i�y-114I ,x*W .iIVi t �I L V %.,T'.I."i" I .t'I, ,i IJn;.M-0I14h ,(-I,t,i, 6 I4 IV)i PIC, 1, , I V I ) , t1i,, . I* n1� 4 �I�f,i ,"I",P�,,, I '--M 77,, ,V 44AIvfrt?16%%vm.IA?!,!%s r."^�ft-?!f,7-"7rc� F1 ?I - 11,4. . I" 4� "11,-�,;i, .%%'-J�i;.;.,I ", "I_j" ,,- ",; ,,,,, . L.;,`;!-, . 9. 1 j1.,'P'i�4r,I�I;II,"10. I, %, ,,I 1,-II ,1, Ii/. i-7.11,�,� .,,1,.i 4� S1-1:�14��_ ANf�--, :5�,,;,%-­; It '1( 1. � 1k��1, - tlf�It,�-kI,- I -' �­!011IS'.l- i;; ��,,._,I-I—� �'F,y4 �.1 I 1. .I .,.Nip.4,4, ,7o,. 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' 2`✓!•'t t i1,� t}'. •'i � 1 �1.i �� •:t !•:. .f� -�C` rl.-.,..,[ tr rtt !t �`, '�f+; q�`� !:'..T� �, f , ! '4 t ,' 1 , r ,�1r•-, , / i�' !• / , �: Al rYii+ _ 'f! ':1. �;. r !', _.S '1. 'r� ..11:• f!1K;• }3,'�t.q•,rCr {,[Y.r ll :t.. r r: ',11 �`" t•`t pp f, ', M�t ;1( �tJ !lT7-!'tj, .\ . ::.i•f .�;• ♦ti 5,+, 1-t a ..,.y,4 �r�.,:�i^ �.r,,n�a / / L�7 !.�I !.:ft! �! r • ,' �C' i I!f• r //.jr .i '1.{,. ,r.. I •�, _ : ! { ��:.!, !�•/��1,�:;.� ; T..,. ,3: ,�'t ,iC«,sr!'Y•'7'.;,T!,i+t;•,=• ,, ,rrt ,t. `r r. •�/�, '[, [ t �r ''fJ l Ji:': ,.4• _ 6 'a/ �• .•J�7iy.�p 1 } l $ Z! � • ':{ r= } i' i`. a' , : `; , ,%,:j,, i�' t/ � t ;r .. i' �, i IY,`��. 1 r (, � iw''X'1 ��',_ {T'�,[ f.". t y.). � � w, }.��� k$ 4 4 r: • [T 1!A 1 ( I 'x'�r/ Y � + y} `i ?� t <' f. /•• ,;! { , r r,ll i' ij/ 1 ✓-' +ln,%{j .' -••" 'y=S, i '6� f .i7;r�r ,a !°_ ;!•' Y r �, � ,(� � :' ,. «<�! ?'•r(,1 . .�_ tii �:I�% V. •�,. �y 1 y(' 1f� ,. * 4 LrMYf ► NM.w�rw+...wa�r..w.+:'a+w� .... ,. 1 ' �::► -A7-= y TM .•r � � :wr����t �J;t`,� 8) the Agency fails to convoy title in the required !' condi t lon. The Agency nay terminate the Agreement prior to conveyance it: rett��- 1�.,,',(rrA) the Developer assigns or attempts to assign the ;),q;31. Agreement; Owl �^ '�k�l `''`r "•i 8) there is a prohibited change in ownership of the �''% !% ���,frl',., ate,, tJ,✓Z 'r 1 13 ! !r ' e' � � !. ; 1>•t •r>y r ,L " k�j !Sir/e,' !, Developer.; }3a' _ 1 {, 1 ? I'!c'"1,! �#la���f `p�,\ g+r• r-. f� f : :��-� { 4 C) the Developer does not submit the Good Faith Depamit (already received); t y.ti f"YIr�, r it � r'. •. ! �� submit i D) the Deve l o er, d . • J r# tits , p does not su t Insurance , E;� •�*"t. t -oortificetal draw'ings or other required documents; E) the 'Dove! oper fails to execute the Grant Deed= •. tl,�i , 1 �. I JI,1'*fit+ F) th.' Developer fai 1s, to meal', any of the �NnTri ',I Conditions precedent; or x ,fJ`!ti� tttp G) the Developer er fai veynd. ��'x:�?r,,j s tc take ti t l when con, p 1 i. Q ! f r.kr { �•' 4i/ ''r� `, r.. �he retains the Good io Faith o r . any. of .'the':. above,. reasons, :than - 1 n J i Agency the event of arm na on ° epos i t (53613 pp31,.t ( ! f r 9 »� tiLj' �rti r 25. TERM iN 7' ! ON AFTER MNVEYAl)CF s' 1 f, Agoney or'' DeLe I spar;, ,r`''E' +� tl" r �k.�S,tji�•3 d #sultst"after. the conveyance of'. he aite, but,,prior. Ea` the 1 T tw: ' >corapletion"'of the imprnvemsnta, the, injured ps�rty'-must pravidt ?lk5 A notice and -the dQiaiil ti!n arty has at leapt 3d daye 'to sure [f Q. P. default remaine,'defaulting party its liable fur damages tothe Vet% r '• J` l;:i} ,r 1`r`I'` tnjured-'party (SS014 p32? _ r ' • � t�L Ate�. ��iy� -, 4 j �i,� J'i ?' =I Es The nondefaulting party may. lnsti�:uts .26: Sr'IrC 11r, I C I'ERFORMANC #Jls= ar' aotion . for specific pet•formance i f a default remains for more => � t•han 30 days , ( SSG 15 p32) . rtb �':x. •''1 ;� r �,1 ` ,f raw # .,_ At; 27 AGENCY E?EENTRY s .The' Agency 'has :the; .,� i gt�t to reenter hen -fir�;,, s i to wind take oxses�si on",f the si to `, artd any im rov�:mentR ' i f and before the issuance of CertiIisate of Ix, y;r.' Occupancy$ the Developer: A) Fails to start construction of ,the improvements; {, 9) abandons riot i cfe b the Agency; p ` � .ndans 'construction for a period of 14 days ♦ r t atr, t3{Trr3�tr attar, y rtF y�l a A 1r` i. 4r4 ,���W t�ransfe '•.. , , era any' portion of the site in violation C) VIN of the Agreement. Y Y �[ E � hall not,invalidate Such t•eantr b the A' enay g any mortgage or �� >;•,,�t�!�x deed of trust then outstanding }' r 5 j .r. -J �y;+• S� 7 3f i r �j` �,`�� � {.. .h:•; J :i',1f fr..,J ;:?,i }r ,(, ll,,, r-ir.1 ;�. ,;Ctl 4�'r�` -! �£J +.-i7 ly,. ;�•-. r ili; ��i• .i 'iiqq i" �r ,7,,{}' ! , r' ✓ Ir.-t.! f: ,i� 3 r)� i f• t 1.1,•• !, � J,/�-[.! lt:Jl ;, r �l�:,J/ j,\:i', [: t{;� d _f�'` t,.�.{• 3: •-k✓'.f-'3. �ti:, r� I,tY�l..n ,.t( ( I ,•.� .i�,;i) ,! r - '! t.t -}r t 1•+rr ;•'j r,1. 1 } a , , '� '.r ,,. i' :•' !. ,: ,, ,y � '(+;,.�2; t ;•:rt t. r - ' 1 ":Y +x" +, � [ 'j.+',, t.. .f.,-t •r:. 'f 'A`•1+."1. 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' 4r r..r \• «•t r •a..-i i, a1+ .,r jl 5... _;11•; - . j,,- ,S }'j : r(. ), t• ,1 i i - !J!� ,..{ !., L,ir,•r-i14 ,: r �::-r., - + , 1 t / J,`I ,-�. i , �i ,. 4V• ry j !TT• / _ I wh !i IS •,; ,`' r e Y•�I�,a`l !',. <}.}is (','�� r,h- '. i r•. 1: �l!,1. r .,,�!(, ;t �'i�,.'� ., ;,.� '�/ 3�:-i �'r r• day r. r « t`, _ . '1 !' r+ �+ , , ' °= ✓ , + = '7 J, t, ' >reflrrMrL'roVi/ �:'Ifs'tlGVlwfttJh (21 7) Upon reentry the. Agency shal' Use, Iti /best efforts to renal I the s i to to a qua l use the i f Iad buyer and proceeds of sa l a i t+irs t t a re finbures icosts r red to ter, taixesorothei assesamentsonithe reenter, discharge of l any enaumbarenoes, and tote coasts to s. complete the improvainents, and Vt '` rRt •t'Y L Second, , to reimburse the Developer up to an amount •�3. t to :the purohame Pr i oe plus an deVo l u meet J equal P Y P costs, less any gain or Income withdrawn from the'; 'Sf= site during the term of .the Developor's posnouslon. ';� ' t r Y, t, r , si ► r, Any balance shall' ' '�rs��♦��,r#�' remaining after ,the above nvste ern paid bear ,J r t•�Lr'4 t� Z" �C Y N ,, ,!« + •:ItaLtiv .'`S�rt71_,�tt: Y retained by the, Agency �SS918 pp33-35). f i r<- ' 28. TIME FOR ACCirrANCEtt. The Agency must exeathe Agreement within 30`daya of raoeigt',ol a''copy executed by�:thQ Developer or �L' the Agrevmsint is void (SSS00 p37) . 29. !',TTACI'IMBNTSr N0. i,.5ITE. MAP t, r r aSt t t tr r NO. .2 LEGAL_ DESCR I PT I ON. NO. 3 SCHEDULE :OF PERFJRMANCC NO. A GRANT DEED T. N0. 5 5COPEf`,OF' DEVELOPMENT 0. 6 C9RT,,1.FICATS OF. COMPLETION 0. 7 MEMORANDUM OF A�GiiEEMENT w r y t y�ry,C NO. 'a GUARANTEES VAt.%_' Cr , ;; inn I ZIP X Z,r..,S,�SF I PIT • '}��wt�ij r rt r r ' f,; r .t y i{i` �1��yT ♦ .T ale `t� - I „} r' .i '��fl •r ! 1' { i! .' r ?� r�,y ; +{!tr r .:i r �M►tRitfl10tl91 aY r� a 11 �j ij fy 1,u.0 r' ^'f- tr .ilk L,,.S /�•.Y..�+�s"'ff j`t J; +'. 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Kohler City of,,Huntington Beach 2000 Main Street Hufitingtori beach, Ca. 91648 SUBJECT1 REDEVELOPMENT PROPOSAL - LAKE STREET PROPERTY Dear. Mr. Kohler: Wa;;are most graefu]. to_ the Cit,Y of . iluritington Beach for selecting BEACH CITIES DEVELOPMENT CORPORATION as one of the final candidates regnrdin"q the disposition of the LAKE STREET. property..;• To further evaluate our proposed concep p you with the attached te, we have provided , presentation. ,, From the onset, our architects have worked diligently in producing J ,' t site plans, ale_ vationa s etc, whicii�:�ou:ld best 'depict, the` Huntington r ►r, J, t , t as, 1 `. Beach Daaign Guidelines. our enthusm'continued to gruw as it the final selection process. We : pp - became s agent whit we wire in era ,providing you with b; :SCALED BUILDING MODEL camplemEi%tinq our final., � pressentatian so that we ,may share our conceptual ideas I and '. � ! Excitement for this project. At, t'.ho; canclunion, we' hope you will agree with us thilt SEAC,H 'CITIES. DEVELOPMENT CORPORATION is not only qualified and' experiariced but the firm .nost capable of. developing one of the finest :redevelopment` projects in,'the City of Huntington Beach. Very Truly Youra, I "Claude J. Demers REACH CITIES DEVELOPMENT CORPORATION J 12M OUALSL 8UIi1:1 i0 • NEWFM EACH, CA92W - Phone (7141476.1204 6925 CHEMY AYE:. LONG KACH, rA 9W . Phorwe 1213) 00.1773 ? ` ,,,w t ljtt • � ,y},a?r�l+ I,il f 'is.{fJ , � ` 1 �': s S�Y.,� ldr• • +�1 , ,Y� 'yj 1 '9J trt ,'}Y !r-ttit{r'ln1 �5 J: Y �t ril�1 � �f,�' at�S • .. 4 +• +* �l Zf, t r � + ; t ' r t ' •r� i ',il i It^s �%jI f pf�k►i J i. ,(4 it i� 1�'+. 'It i �r ri�rr J ) �,YY rJr1J i 's tr{'.. { � 'yi'7, ,S* ,, , hF�q .ra� ! a ftl, J �,cf ( � •� ,, ( + c � r 4r; , �' t4 i �`•`I rzt4 i ,�s �I,. i,, t'4�� ` i�>, cl .J1�r� i � (,�?t, ' r F;1 J� Mii,.1'�`i�: 1:�`'• r lirc� ��� fi 11�i. liti� 14f . t t (�..ts ry i , t /i♦. '1E 1-rt t J, r iA t• r %. 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J. rlt �� rQ+•Ttl..,rr.)�N i Cr. �' /yL• 'I 'k :}f°l .1 r.; [ rf �: •J{; r~[yi ai '1, +t' f .'+•v� SL f.ti i-ff t i '� r 4,ri r f �..�.•'' "� £, r a c•�ir � r/ Jr. r. f rt! �t2 i ,_i t , 3 tv..\?f4� {:- 1. , •} 7- r +�;' S �, kt ,+> T ( j " ,t'1 ryr�y t < ' 1 ',1 s'' ,[ 1�'y � 9tipf�>r 1� � �Kl' + �-j a ,►. r.. ,' { �? ,, t t 1 Y S i t-a•? . x r i- �. t t �0'P` «+ �: fit • =s ;,`!, t':s -t, ,� y r tr1 � tr :. �{�. �'{- ,�� .rr., �..,.. r ,_ [ •1 , ,.i n •7,.,r v r� � i �yZ .1 .{kz'''.d;'? rt•`1 r I,' , aa+Ofly . r _ 4 ASSESSED VALUAT I D� ' ------------------ g TEACH CITIES 'DEVELOPMENT CORP.aluation of the Cuncl odor{ �Ft�. u � ' HUNTINGTON BEACH apartment Market and reviewing recent apar-tment : sales as well as those presently an the market, we can cormerva- , t i.vely on' t imate the value of the completed development to: be Ps 461 600, 000 This value is, based. upon the following: ;K A. Sixty -Five Unit Apart' rlent Development B. 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TYPE , ;. :. r . i ► +4 l705 726to 44 f0.97, , ►. • 978 44 C 2BD/2EA Yr�rr.",�4tt ��� •+i,ti -- 24 ii1,R�2C'I :848 10.97 �.`,' yyo.;►,•`krXa� ;c� �• �y i i II a $0. 97 • 1 r ti E 18D/1BA/DEN 1 fE40 866 ' .1r.= tw• �. `,t ii ' `s +•4 F AFFORI; -ik (C) T ff0. 97 to ` E5 f0 AVG INC. PER `-114 ,�, n}f, TOTRi:-UNITS 1.AUNCIRY 1 NC. / UWI T 66 58 SO.FT. e ,' I i �; 'nt+,�. `;'�� a �•t GARAGE RENTAL a��R►++a►a*;�+��I**�la�a�ta�ar'���t�t ly.�Y;;1�,� ;��y�S�{�°`•� .,. , �ra�a*+I�*�►��*��'*��►t•*++�'�►��+ta�tR�*ee�r+►�s�*��**t�rl+ xr�tf/� Y E'A k fi CURRENT 2 0 l.'• ���� '� GROSS INCOME; Rental Ur1{ta s6a2,160 f733,690 4777,711 f8rq,374 f873,'BSf� Laundry. 6, 240 6924Z. 6, 240 E, 760 , 6, 760 ;,, .'t;`�.`► 0 GarapP Rental _ Q __-----_- ..--_-- -___ - ---� > --w` (34 b0A) __ (36, 684) f38, 88&) 441, 219) (43, 69c)" LESS: Vacancy + EF`FECy�{VE aR055 IIJCOME $663, 792 $703, 246 $745, 065 s7a9, 915 fe36, 904 jT'` 41 d ti .�• .• K t, i ` �► :,` f;` f.��: LESEOperat i rig Expenses 35 212 i 37 33 190 34 186 , 36� 268 , 3r6 7ti 'sc`rr+ f Mariagement • Fee r, 725 't6;197 1 E, 6B3 17,183 . �'', •r`'+'fi Resident Manager 1.,,267 1•►� . g , 103 56 337 58,'02'7 59,.768 r: Pi><E6 S l t 284 11, 523 11, 572 12, 331' `'. +c> .� ►- heal Est•ste T nai I ns i i t i es -water a l A+ r , 39 29, 014 29, 884 `,M, , er & Pwr. 26 552 27' 469 .`5, 633 5;802' 5,976' J 9 tir `{i *�' r , Rapa i rser��Mn i nt enance 16� 59� 17,` 18;134 l a; 678 f •, .r s +4 lc 306 1�� 675 ' c '" i 3 447' �',,'�. � Rep l acemer'►t „..Reserves 11, 948 , . , . . J y+ 4 978 5,t127 , 5, 2B 1 51,439 5, 682 T.. `, ;�,�► +` 'I: ;Misc: �;:5uppl'1es ; 781 ,i' 194 Landscape Ma i nt en+tnce 12, 612 12; 990 13, 761 14, 1 328 1; 368 1.09 19495 ?; t � ' �h, Pest Corot 1,01 + 1 726 i,778 11831 1, BE16 1, 943 r . 266 74 2B2 290 F 299 F� y �,/ ►,{;�,u �- Telephone 966 ; ... ii 11 7 966 8 205 8, 451 8, 705 at v �! Vc.c+1 Ma: nt. + ' --_ ___..._�...---.......—..— —•++, ,'. :: '►••: :..t � Tr. TOTAL �XPEr _.._�..__ ------------- : USES , , � 435) (f220, 86G) (fc27, 492) (f202 125) (f20B 1©9) (f214 of Effective 'GROSS -30. 45x -29. 60% 28. 78% -27. 96% i, �xi y. •. -. - .•... _ ., +.fit,( r NET•OPERATING INCOME $4611667 $495,057 $530,63e $569,049 f609,4i2 DEBT SERVICE $439 683 $439 683 $439 683 t1439i 683 •439, + f '' 683• j r NET CASH FLOW $P.1 984 $55 3 4 f90t, 947 $129, 366 f+69, 729 MARKET VA LUL C� (X Gross) �6, 634, 800 $7, 029, 331 $7, A47, 534 s7; 895, 770 e8, 363, 663 i --�,:.T t�'f';,` �4t:'r 4,,t:l�r.ry,.a,, �,,}:,��ftlJrf{.fl�"t;,il3•r, rre�/r '�%' fty S: �f,,, +'S�• y r,a +. !!c:�Y ♦ 1Sj•,, i t� a+ef �r. ,1'l t 1" ??+ tr•"�� `'Y . l • .. } 17 t :� ; .•:. �v:.(� j� c 1 t � i.:K' •` s }`�+� 1,RT-fli f: �. J.T. Y '1� �r' +�M1„lt• � i'4:•ii fY+ 1,-.�. 'fir }rl:.�T. i�}` ri, ..f,l .:.%:.:.i :./t�'.faJ+'� r ��i'.:1 i t, i �{tyi�T!1��." Ty t,1� �" <,� T�11 4. t �, ..'�,�tli 1 .' li S .111 i(" �',� �.� ('f,:r y •� til "+ �,. .�.r .f ,, tr fti.f•' �i. � �7• y yAll ! 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CA5 T IRON STR „r � OVEN/RANGE -COMBINATION WI S . MIVk DISHWASHER47I swiEtAGE . PI SrOSAL OUTLET'AT REFRIGERATOR FOR ICE MAKER' 1 BATH COUEJTER — CORIAN. t ( CAEI NETS E. FURN ITURE-t . INISH HARDWOOD FLOORING ' .F ' • NG . ;RE51LI EN f :SHEET VINYL_ • '"• w; t LAVATORY; VI:TRIF,IE1� CHINA, , TlJla,'--'-OVERSIZEp%OVAL',VI,TRIFIEO CHINA' TUH/SHOWER VtTRIF�ED-CHINR.,;. FIXTURES - CHROME: POLL SHED; • BRASS; ? HARDWARE - ,CHROME '^TOIJEL-,BARS, tTOILET,'PAF!ER HOLDER `'MEDICINE., CAPINET9 SHOWER DDdR'`:. ' 1 . ENCLOSURE~ , CERAMIC TILE'- FI REPLACE SURROEINDS AND HEARTHS r . QUARRY TILE - F04MAL ENTRY AREAS ' � ifrFt, t{: A'y4 rr. r,1� j4 r � 7.'' '�} x :l '�1, - i;- :C } •�'S-'a f +.r - �r � t :'i C�V: •:c ;fwtii7C � i4�Y t r r i .1 �Ji' 1t �.i, �y . 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ED SECURITY SYSTEMS, PRIVATE SWIMMING FOOL AND'SPA, GAS PARBEOUE AREAS, SIXTY-EIGHT,SECURED COVFRED PARKING SPACES with FIFTY ADDIT-; Y r, IONAL OPEN ='ARKING SPACES will be provided. A < -rThr� de'velopnient awcompassses a -fuI Iy functional two story -opQn lc�ft- r oy imate recreat i on&I /cI ub house bui 1'd irlg app • l y One Thousand Two Hund- died; Forty squrrr: feat in si.e. This &ci l it ill, be capable of s , y != ,:lccclt!�c,dat'irig moderately sired barlquet activities Grid include a krtchr�i^f _r th the most modern cooking appliances, a b i l l a► d/game 'rocr:f quipped' wi accompomed with a fully equipped ey,erriee ,V-00l1. Tu;be consistent with the dais of the HUNTINGTON BEACH DOWNTOWN DES .ISN GUIDELINES,' we pl n' to use texttui ed' extra ioi st ., a - ucco accented ' _ r ' with " CANVAS AWNINGS CERAMIC A. TERRA COT'iA r T ZLE ACCENTS h i h 1 i' hted ! g - eri�+ls to be CONCRETE TI., .. by WROUGHT IRDN FiAILINGSt, Roof ing .mat LE c. f far i ng a MED I TERRANEAN f l aYor. pastel tones ( SALMON and CREAMS) >� will be. the pr 4mary extet%ior colors with h►i'ghl i ghies • of deep GREENS. , �Jinr?cbws will' -be deepset, WHITE• baked--enamm!.., r. 1, r { � r I I' i! . r++r ,!: ':7,'R'i t r f % 's 1. .�K-./a� •r: rt,St !,1 �. �~f 4'H t�: `,WIMP,1i�, ,�)'�1 st.= L L �.7 v�Lz,!M ir7 S.,r :t �Jr Y•�,F, �lt�f>'tl � Ji.t `t r�+t h ,i }f. .1 i` t�i`l� ir' lFi. rJ �r'•;, , l,� ..-r /•f�Ji�Y: 1r f + a ,L�?�(•YJr.� A :T�•�; �+�%t,'i`t`�' t S', =1' g' ^ 1 tJr+•T+[1 , S�j y.lt i�{1'31, r ;r: a,•,(,; Y ;r` r..•�t :L '' 't, .'f!.! r�tK 1,,l.x ai�^ a+.i . .i r 1J1. }}.��i .+r 'Si^ �'t •J 4 y y y rl-k•._`r! 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' i) 4z. 44 Y J­L T A;, iT7 "z­ 4 r X­.;,i.�.:��w. f-,T, ­w VW- I.4 _Y; 1, 7' 'Xy V g Ij ­0 11 X) y q, "lip . . . . . . . . Pw UNIT DESCRIPTION Ameril, T I ES ---------------- A PEACH CITIES DEVELOPMENT CORP. apartment- howe i % des i6rsed. foW'the contemporary Hfr_-atylmj with spacious flo,.sr plans,offerkrog pr I vacy. and ir'tdivid Lm I ity. as we,"I .1 as a wide variety of a mers i ties -zuqh,mr- I 4F(3R14AL DECORATED ENTRYS, FIREPLACES, VAULTED �CEILi'WGS Complemented •with CEILIN'S FANS, 'MICROWAVE OVENS, "DISHWASHERS, OPEWSERVICE' COUNTERS, AIR CONQITIDNING/HEATINST oversized OVAL BATHTUBS,,free SAT ., ELLITE T. V. ais , d p;14vette PAT I CIS or BALCONIES. Each unit W 127*1 .&'1 So be iq' L'Ii�ped With WASHER/DRYER hookup a sand SMOKE DETECTORS. li,ev, The project will contain Sixty -Five units, W'aby the re si dents may choose f rom .9 Bedretom One -Sathr6om, or%Tv�0:6ed- selaction of GnL room 'rwo EtAthroom ranginilrin size. from 726, to 11 048 94 Uare feet. 6m 114TERIOR CABINETS will be furniture finish hardworide F I REPLACES' w"i have co3ortul TILE SURROUNDS and TiLE''HEROTHS. A1 1 'Units wi I I .'be-.� fully CARPETED and DRAPED. fl Im 4 V A 1.11 T t I': 7� a 3.15 1 z 7, 7 7, 4. 77,11 k "o 1. ry j rt Ft 7" ! Z 7 1 i DAM it ZtOr .l e ,,A, �i-* , r M � N_I .I f;1 . � .. . _4, ae "At, '..; « �.•- �+. _r• f '1 •`.11- `'',. , �.� ��: ..x � ,� ,i. r,Y..: .w {'�1! •♦ .J "4! 3Y yjff ,� ,"la--i ,tt�t..; .,l. t,': � � :� fi!�A�t I 1' �• ,; � ai: .�:, F t !�' ��t�� L J:.'�t ,,,•t.�� • / t�t f! 'r r r �JJ si;:'t rt +DIY r It �Ir V E 3 1 'S!+ t "� � t%�; t�:i� r e'• tJ '!. r, r n`K y, rt'.p +tF •' rr... N tJ'�;T�}; !i,a. .,. 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I •''��' �� `f �JL� i'�' f t J 1 fnt.l j�F� l f' �t/.( 4; 1t +,'k ! ��, j t , P w '� �t4't}t tt� ♦ -.,1 G�t fv i• •sry f a le''�! 1 r' ti 1 t .��`�` r.r [ [ [ �' ,try ` r r �. j �1� �•r�.try � .'Ir �✓+j':_•SMS' c t�.]r,(}�,a� ;' � f�♦� t �t /«ji� ; � '.., ��" .+. t �2; "�F � t+ A f(� ( �1���� 'vy' + i R•^+ 5_VxA ��'r, t C. ; f yr .'w�} nJ}•- }<V'; Lla <] Ir.:,,aYr"`(• : f:. r� , w., .� .�' .'.: C•tl�i Y: *'%. `. +/���-��,-- ±1'-t1')'i t { • _V PROJECT c3ECURlTY WINSYSTEMS f -____- t The LAKE STREET a et tment ra ect wi 11 coritarin O 1" p p r r j UAL SECURITY SYSTEMS: 'A. -GRATED -D IRQN, eiut c rnca at i cr l l v corft ro' l d GARAGE' ,DOORS ' +:1 l ow rf access to the secured cover-ed parking Areas. D.,. Secured GATED ENTRY s str. kra y ern equipped with A Comm unicat 1r,n r. • , � r Announcing Device linked to each spartnient unit. et dot + u• ow J'o x I tl♦ ,1k }>�� 71AT ��w�Jr:7F'411r'Z7�.[�s i��:�iW't,.,:. !�'v1.': 1 1♦t1!,S;'r i '� :l'• fir, l +.yr�•t•. ` 1 ' jl J .tt. f i.F! �a!;t'+v�f41 :it •1�J ..:1:'�I,�i1 �•;- �� „ti •� �TJ\� tiy. • t,�r r J�l:Ft�,,Yy`iil r i' i l t M ,y.o,t •. l/ 'yp ,1y 1 .t1i�..{ 1 '� e•. .;4 V •1 r r i, r.`�♦ 1 ts: t. .,,. ?. 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'(3� �' ic. w, t':}1. •t.:!•1 1 �{ Jr , .J!- r I) �? raI•,,-i, #{'?•, �1• -.Ir •r �1' J r I r!'• � t.,ll '` t, tl� .. ;i s.`' If ' t f < Y.,S!'�•,. Jr I !,4 -1c 411 - JA it zi it 7,. c.)o jr n 11� Z, , " � %_ e 10 x ' -41 1A, kV, 70 z rA - It ttr P - 41. A" ilwo j. . .�� - J1,� t{ tJ, �, It��,:�da^j,' ALI, F 7! 5=0 r r a CD -IF j,w .14 J '�Mft r9coke LAKE .%RMT AFARTAKM HUFOMTON SLACK OULDMACIPUM ACAJCY ,J& WAL" 71-11 t3fu COULMAM OILMSPF IM d It ��N V1,_1171v 77Rfw CA A • .tA- J1 & V X lift Zip V 4Y _j I f y—, F Y q 7 k' 'ie '4 :7 - ?11. 1, '1 M-M 1, 411" , Li f a r ti "A' If N.r. Id % t.7 0 I. fir l June 17, 1986 Hr. Stephen Kohler Sr. Community Development Specialist CIrY OF HUNTINGTON BEACII 2000 Main Street 11untington Beach, CA 92648 6Dear Mr. Kohler: 4 v. "I TA Beach.front Construction is honored 'to have been accepted Into the final, round of the selection process involving the dispositon of the Lake Street property. We appreciate this opportunity to be interviewed by the City Council and Redevelopment Agency members. -In compliance with your request for more L'Ataile P d information, we hereby submit for your review items one thraugh ulna, as indicated In your letter of May 29? 1986. V Thank you for`allowiu& us to submit this proposal. We look forward to woiking with the City and the Redevelopment Agency -on this project and others in the future. tt` „�� '-' f J r j Sincerely yours,' BEACHFRONT CONSTRUCTION COI(P&Tf P 171 T h Jo, 'lilTotson Rick Jeffrey jt Partner Partner JT/Rj/jd Enclosures 14 Ail Si 13 a i I I Q i I 11! 1, 11' 1 1! 1! 1111 WWN -14 V, :;,7; y 1k IVA i lei Y,, ILL, v "'v V 'Y Yj 7 r r 'YZ�t. �'- . r.'x Sr-'`,• :1 jr,', '' � jl ,() '.s�✓.. {r 'i• ' t. ...;. ! �r R .i Y r r F r •� � i,T '.j dri8t'-*,.� ,Y-_ - '; : :: . ''t' _„1 ,t,' ,j �- �f '• `` t I'+ .' r/`t � - 11 ` j .. wtS .1..3' `.... �, .. .. { " .,I •. ....' 'f) , .. �( /, ',t' t 4l t 1 i. A F ' 7 q 1,41 ,- tt) {t��'ri4,r; ,,. .,��5? �! t ;;:, t. 1' r Jt ,, li !'.7'( Sr .u1... •� `t1F �.-'�,tllt S �:, �!.' �� ,r,.. ,..:4 . ;-. tjs� ` .. ,y. . C. ' •', � I rtf �1.� ,1l '. Sil:1 'Gl ��t 7t , r �y q::' ..., .'t ate i t , �� �+i'� i?t 1)•.. '. 1 ��! '; , j"+F 'lf.;� 1'- ,( s 1.i IF t•i ` .:1 .,r,r �,..��. .F� � �' (". {�y,i � ! ;', J +• at +: t i , f f1 �� :rl °lit f � �y ';y,'j. t -_ tt l+'t{• rl' �' `S. rr `'�i '1, .. r,Y ,'!. ',. 4t? ti.• 1 1,Tii` �i l r, ii, •t ! '�.^'•..r�:., .- ,::. 1r.`•.t ,G„ Y,.:.,.r��t +, tf' ��, •r't.o '.�.y„ r , .�`rt.- �, � - ',::.'� ':; I, !': t , ; , i �.r , � ; � ' .� r• s1�,!, y�, ]r : t T�ii.* � L1. s T r•, r r r `. r ) � •,��.. � rr '.., . ,. -.. ,,,, (• •. :.�,� ,� r.rt •,?�'• •o Yr ` ! ... (, :� ,x, ! - "' rs +i3., ,:F�,=,r, r a,,'.' ,�, .W. lrs.a.�.�•.Ir',awrfr.,:. 'u -�r.•a +'• �it�, '.'+' �1 + .' _„' 9.ys�'u.: t•{� �. .s. .a ,_ �"�r '''f .. �.,.:..:�1►.:.a;..�,.'..c.�•l�lr�-..•fir t I ' ! i S('-i F+ t-• I SIt���„i..,:�'aaS:asC:i.:i)'ii".:.'..l.,a'��.+1._.�.«.. •..:,...J E................ _... .'�.iia.•. ...u. ..., ,.... It , ��C �it�t� �i �t ! I i' ' � 1� �� � _ rr �� _'t� !r ?r ,raft f•.�rt . 4 l�l rr. t, 'r •+i,; I The total number of units shall be 70. f ���,' • i Elegant Neditcrrassear.-styled apartments on Lake Street wilt reelect. , r`. rt (( �,n'�r`iit lit' �t authentic red, curved roof tiles and hand• -traveled, mission -finished F 'r exteriors. Created for the luxury of spacious living, each apartment �'t' gated entrances, enclosed patios and offers valuable privacy with $ decks. A choice of four floorplans boasts Erna 675 to 150U square T, F,a t , feet of comfort. The ambiance is reminincenC of the coast of Spain, y I1+,'t r �i,'r` t •lt ti �# enhnnced by elegant Mediterranean -style apartments. 1 t�tr l�'`,�•f{ des J:r�` :{`;'�.+�< •yrr t !/ 7-t il.`�t'r'{ The Recreation Center, complete with pool, spa and clubhouse, provi Carefully t t r } lrCtt a! 4 ! sfi� 3 ' a lace to unwind...n retreat, open to F.ir and sunlight. ) �' s+r,*�. ya�i , t4� ' P maintained gardens with lush landaceping and fountain surround !heats x t >•'.. diutinctive apartments, harmonizing architectural design with natures. ,� ,.r, Innovaitive plane incorporate one to three bedroema, one to two and "one half baths, �toodburnin fireplaces and lofty volume ceilings, Laundry r.Gs�� k tt L1 t �f�t rrsr Li $ p t � r `and storage roayna complement the demands of sophisticated li eaty es• ,. �,, •!, Y; ; a Created with elegance and imagination, the Lake Street Apartments bring the Mediterranean close to linsidents can rest easy. with the knowledge that the tumplex is securely enclosed by a privacy wall and '{ ,1: 1 , access sates tree 3'��^c. •, �+i}• , 1�, '�: aXectronicax�ly-controlled cosmmunity 8 COMPANY, its affiliated Management, Design, At BEAChFkONT CONSTRUCTION Landscape and Maintenance companies as well, the desire to excel super- , i i t�' `: •t�l�� �.,it= ` cedes everything. It's a philosophy that leads to proj'Lcts intended the develop- for. the discerningbuycr...projects °intended to enhance dignity and style, .s�t, ment of Huntington Beach... buildings with elegance, important... construction carefully crafted to bu where quality is t10st '•� t*= f�r>{,r '+�: lasting sources of pride and satisfaction. EMP:IASIS IS ON CARING, ON NUTURING EACH DESIGN THROUGH A SLOW, UN- ` THE COMPROMISING P:tOCESS OF PLANNING, REFINEMENT AND FM!RAORDINARY ATTENTION •tJ�l�l+'''��j a ` ' xr TO DETAIL. TO BUILD THAT S THE ONLY WAY BEACNFRONT CONSTRUCTION COMPANY KNOWS •:t6W FINE T%OJECTS I , Please refer, ►:c Rendering, Plot. 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J !�• r( �\ ! ♦ *.V !Jrt `'l..Jl•J' 1'l: t,, i� -E, S .,yJ; ., ,.t'.' ... ,i ,. ..., 1�• - •s" 1./r J•' 1. ,J. 't yr.y Jri t': �J riz .(;,�. •:? �� t ' S .7,.ir ,'. '.. � J 1. !, , t t .1,f.. ' , 1 %if (_�,. ..;. ('.. : , 4h {:a. J . };. .,•{�. T; !�,'. 'r.! • (. � '- �:; . , L,,.,...,. ,li 1 li• r�.v+ + i,,G o -a t 7 }' F{ , •' 'r:{' �� �' ' ����rt, (r ,a� l.'.tt :1 ,r, ' ,. fr r t ♦ - r�. , t�E'rl ij���•FC +1 �._--_—�.. __ �...— -_.. '.i 5 .. a-... •_ 1'-1 YA' Or 0 4 !o; to rF 7. A J • At q Ma Aw -z N L t �V L I 1 7A4 ' of, V. Y II We will pay the following per unit: r if, the city u (a) unit, with no down payment, r rill subordinate to a c&n- struction ioan. to (b) $26,200 per unit, 50% cash payment at �a I sit will sub - close of escrow, if the e. 4ordinate to a construction loan. 1 (c) $25,000 per unit, 100% at close of escrow, If the city will not submit to a construe- tion loan. At 04, The difference between the 425,000 per unit and the $27,500 per unit reflects the cost of interest civaigas during the construction period. tit 4) 1lr The likely assessed value of the project upon completion is: $8,457,278 (as an apartment project) n (b) $11,450,068 (sales price in 5 years as a condominium project) r Please refer to Tables I and 11 OR; C tt­ Clu 44. Al 7 0 it 7 7*7 1i{� i._ t k -C I fo�, 7 V7"q(. k 1 7, IV fr", X KIP,' A. Jh. ­_ Zi1 VY. i —�l ; " ­;,1J r75i I 0 !4T ,;O 1 -1 V.%Y —0-A V 41 ."t 'Q N q If t4- IA" 7 n. It t I m,l c^ - : I,., 11�1 ,�� 'I.1..,, 1,- .�­- .­.,I�,- .-i1 -.?,-,1);Al,,. , .-.. �1,,�.,,., .. ,. -.,," �- .- 1,.-, . .� 1 _,.,, ­", '­.. , ,.�-'.,,.I, ,.­ ,I 1,� ,,,,--t -iV -,�. -`*,,'"- t,."" �I "" "_" ': " .,;,',.:"�(.1.j ., i , ', 1F ­, 1­4. , I ,,":,.1.`. , .,!f , Z,I A� , � , ,.._.A .;- . _."_,.t jt v 1- . , I1, ".--I II,., ,.. . I I �.. II%�- .,-. ,,�, l . �I , ..;% ,..- ,1 1 , I ... 1 .,I ,, II ,.4I.. � . " . ,-.), - - . ,. 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' I,_.( j ... .. -_ � 1,i1 t-Yr r� .. t• _ \_ if ;tw rI . t, ,.,'}� .t ,•, -. i +iI; t r %) , LEA ` _ r t'f 2 't' i t L{ 11 �, ,.r7 `h1� 1 is irrr,(' ,-, t( .. .'• a) rt •; i t• Y 1t' Lu [. i,' r.. Yf XI �t 1 ,,I ( �7 y1 •} 4 A air S L %t �t C�r:a y ,- 'n' t 7 t r, f7 r ' 11 ,� .­u . , r Y w i ,:z }. )f (' � ` • ` t IIlO1!RECT CONFJT?UC'fIQN I l 1 r }j .. MUNICIPAL FEE81 I ��r{ i ".r'. t .. - r r _' ' . ..-'_• BUlLiIIND PERMITQ . . . , o _ CCC • 1 SALES PRICE IN 3 YEARS F3$ CONDO'3 �__1 '• :- I SCHOOL 0 O I - *1143Ma61! , , NAMM FACILITIES +� ,Y •. - ...+ 1• . - ... ;v «• - SE1�EFi 6 O 1 PLAN PtiICB !!C OI!?TCIfAL } - , ( t.ia;, :�, i 8fi4F K _.._Op w __ ____ 0 I .-._ _ _�_ .-_.w._ - .__-_• _' I t, _, ," ..., r. �'^ ,�"•:..j lr:1 F'SRK IFrPACT e O ( A •119".4 F:e K-josoicso 1tti W I a •13ft0.go I .,­ "o,,': ."., I . ,- t r," • • y ' :� DRA INASIE/FtCLiL - e _ . e I C • 1 A�as�r: tllb 6(3eMee. M ,i. f `; r4• '^,+'!_?,,, ­-r.� ,-r', .,L--,',.,'.r��-...,.,J,P.,:4,I,I,,,��.K; t- '�' BUBrQ7•ALe O >119bQ@e.eO s Si'.ti8rO0.ClS I, r Ili r, _...'� .. _ . PR'OFESSIONAL.t e 1 TO FfiL t , r tr e.A}!. • , , .. C. , APCNrTEcTUR,a - e e 69 ees".. oe °f lji,,*' ) I---, - ,T. EMOINEERI111O e 0 1 _1`i.. . . < ° _ _, _ CQNSULTANT8 - - O . _ i0 1 t ` t)tt+ .,� ,tr _, i L. lEAlSEUP/MARItETINO e O 1 ASSUNE$ C5)i AAfAJAL FRICE INFLATION 1,, YI _, •`.' i r FilJIaTOTAL I . _ _ . ` .J .( _ o _ .. TOTP.L INIDIRECT COST _ - O F! I ._. - �.' t I t ! Y'. A_ frrlmY v*" wrlm I - .- Al I1 r;r!-',1; ^I•iN�•r` . •tip FIIflfiftCINO "COMPUTCD^"`CQMPUTffib^ 1 aY1 , s ' >w a• cu"ST LIV sipt � L-OMPUTED I / 14 1, ti tit, s '- - COi18T LOAN ANIGIJIYi '386NSE'3 i, A-­",iW� -.-. -jf, �� ?,­-�o j�:�,.� �. . , . , :. "Z$".�" -,lVI-"- ,II. '...�J­A,,_ I't ..CONFBT. POINTS - ,1.971 -.` _._.: _. ___ __ 1 r t, .rr j� „ . ; .. ;, e.nAFa >=Et -- aee�e c r.Q.�P:irEli _ - �ee�II,k tJ ­".-....7.:I:..�I­...,, 1,,- ....., -.�..:'� ....l1l...­.:-"!--.:­'...,...I ;',l...'.%� I *.­., %.-.:�.....,.. ,..., It. , 1^!.-.,--- --:"I".-.. *a- ­. .-. _',, , : . -:I. . -�:;�I..'.%� :-',. .1...-7� ._- ..I.;.,..,-..yr.- L--._.-..* ,�.,_�. 7..,.I.-1.'-., ,...,.7I-- - ­,, "'l...,.,......_..,',. ,t . ,-. -I ­-.. - �-,I lII ._-"' 1p.--1I1 . --. 1 ­W­�I.ijI7t_.��­ ­ ­1-1, ,9. �� I--..7 1.. ._: Ij . I _. , _,,._ . .- .L. ,. _,II ��i .. Ir-' -�. -- ,I .-.. - ,!,I. ,. ,.., .. , .- -. �­. ,�.,_ _-_ �..�_.?. ..c - ..I..- . I - -.. .- -.I m�-:1�oclI* :i..c,,. p�. "... . aP­m­u"­I. qr1pW. ftIf.w- ..mft:r� I mo-�. I ---,�c) . M1� I.- f".fnP., oimrLI --1na.111m0., j"Nom.mI.w -. ..,.. . . . .I,IIIIIIII ,II I. I .-: I ,,,. , A..� . . -I ,, ".. , ..., ..t : , -.� - I I,,�I I .,. - 1,. � - - 1-- �,I 1,-1 �I ,, . ,.', -I - - . --.­"- -, '- ­.d .7 ,.- -. .- :.­ -�,-,.--- -�._-. --.1-dI .',.�� _�-., -I �._'. �.-I_-I.- -':I. . ..1."I : , .- -�.-, ..,, --� .I.. I .-I..-'I - .-.-­... "-. .- l. ," .I " , "," 1,,1, 1. ,- ,' N s ►ATE - 1 ;L k sd , r PRIhE1. 9_ ex I �a . t6',t} ''•a . - -- 1.3 OVER PRIME M5% _ . ...__--- - I ,, s :., }• �`.� - lt1rF.)lEgT RE9ERVFC - _..._ ... _ -. _.... _ . __ _.� __ ---- r ` `$ ` '• t (W% LOM FOR i YR.) W9717 C COMPUTED I ,f wit) j r�t- '�, ~ • -'-, - - OEBY COYEFAiOE. RATIO --1.OS ,, .TO !. !e _ I :N vr�t'f �_' ..; �, 4+'M CiMM9TANT - 0.109A -- _ _. 1 - - - - ---- -�----_,._...-_ ____--,: is , x i U , „_,�� ---- ;`.,. } ZJM LOAN : ANO1Mir 3 "Ws 1 COMPUTED F�`�,:�cJ _ ._PERM POINTS sic _ I _ . }' N1� 0 f . ,&- , .a . ' 4..4.1 (: PIFRM LOAN FUE 176036- % CCMPLITED 1 - - _ _ - Z• t y1 (,� t Fi8Cf11111 s riTLB_y3e11 I _ _ .__ _.:. _ _ .... _ ��_ _.. -. __. (, `. 1 r) „ 7 ,) TOTAL 1=IPIANCIND GIFT 643301 9190 I ,-1 -, `° `; s - w , _ .. _ ._ . _..... .I� W--vff �..1 sstw I . - „}' �.', ljti 7� L. "COMPUT' WD j=OMFIJ7•w_ I - ` --- - t 4o . ti% , ,,, . 1• . t (- AL SOFT COSTS 6�3ii1 9196 1 - _ :" . i 3 +t TOT +: r TOTAL PROJECT CA>n ie30901 ile7P7 I �',! + . ;ti., N...ARr�•*!!!; .?'it'yx rw2 TOTAL PJaixc'T VALUE . 4. r s.,l _. __ _ 9�372is )PiDi1a 1 _ . 4';I I . • TOTAL PROFIT 1486377 DeQ91 I 'j + ! , >R PF`OFtT t+Rs ^COMPUTED" I I. L. -EQUITY FIEOUIRED I10i�76 1"91 i. : i t •�. '+ _ �NIMM.rM ­+11lMlfis _ + r•li, , _. . • . . ^COkPUTED^^ rmo. .! _.. Li %K-Lq r.. •,.n_1��',V110.4f .sw'r� _ .a.,! vvrAr/"_*'kww-w lt+wi7tlMi -i-f.-�.-..ci , .. •, •, } i F' 1 ,� i 1 .,C ".., . , * /, 1 . M,1`- - r • r: �,': ,.J; Il c •� rt. f1.:. r >•� ;, at jCrt.. (L} " -1 i ;'i , '1 _f ♦r 1 .,7 1 Ohl _ 1 It s �. _,r,..,r•,. •'. 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Ij . t'ii�tl�"�� y- - Y � } .�='-' f� S 1 ;a.f�', �', ;p' . -�+•Y i, tr�.j s Er ,::> .. 1 . 11 f ^Ct' - �! J' i Y. 1 ► 6'` y 't_ ��t; J(,j f.-t _{bL t !t! ii 'l J �� t", j l • ' } , � l :' , Y ��)• ! 11 :.SI tf i,i t _ , t i tom,: -.ar _...• , ,;. .. .; ,1 ' ��L'k n3 �--t,� '.,��a., :e' ,� ,�,� , ell �n' t 1 ',r 4.ILN' K" ra FEAmiBILITY ANALYSIS OF LAKE STREET APApTMHNTB,litJNTINtiTOiJ BEACH, INCOME PRO FORMA pROjEGT .GOIfY pRO FORMA +Y _ 70 PER UNIT I Ba FT RENT a OF LIMITS TOTAL RENT/,IiQ. FT' __•. COST 1 PLAN (BDRM/DATHI UNITS 01600• 1110 ti1.19 �Qi tlr�r 4 14 A (i/il 673 8tl0 UWW At}TJ101TIIY1+• ; t LAND COST 1 B tE/B1 973 1133 3tlt fat1313•. so 7i.16 ; 4 M71!6/ 00 01. R9 -- C (3/9) ! 100 1193\t '-� - n is/P.31 1D00 is" B ` a eam.r0 - ol.ti7' 70-CQMPUTED""CdMPUTED" ' 66980 t COMPUTED _•»_ ._�_ .x •} lTS10000 Y17TW. BOUAgE FEET azee9 1 ._..__._ _._.... _- . 1 w«e>.ot..l AND 't- TOTAL LCOST t.wrr. ...�.�+.i..wr ' _ • �767f0.Os •• •. ;,•- ^GGf11PL7ED"'♦COMPIJfEI�^ 1 _ •rOTAI. MONTHLY RENTS.. • • • ......... ° • • • • • • • • • • ••• • • • • _"COgVUTErI" CG OPMENT cove 1 1 t t' OFF8ITC 1 TOTAL AI•R 6t L_ RES.TB-C'OMPUTQAI% c itIONBITEI tli. i3 I ;�'i _ .. _ _ -. __ .---.. __ ., !_.. • 1 MflNT11LY RENI'8 PER SO FT ................................ ..COMPUTED,.' V' Is TOTAL DEw" CQIfTB � .... I +� ^COMPUTED ^COMPUTED^ I ti711BA . Comm"�S/CA(1PORT9 + 1 TOTP� R_IITB '- t. R } `+,, <`r _ _ _ •_ • . _ . ... . — I gee- a UTED it ,' --FURNITURE E EOLJIp. 0 1 q _ F +/a ` r. M_OCK � SWILL. 1 7t VSC Loss 371 LANDOCAP'R+/NATERSCAPE 1 VAC Lose l!r/tS16 (t.O111P1lTHD ' ' - Ar ..POpL$ i t4PA3 0 - 1 Cote 0989•♦ t `tpt1TEb t; IICC+�LAUWDl1Y. BLDfiB • 1 %LAUNDRY R FIISC INCOME lit _ gg PLJ%Y8KOLIND EDUIp. _ • 1 LAUNDRY i MLBC INCOM1i .. -9803 ( COMPUTED •FTi1HCII�I1 1 90211• i COMPUTED pLATWRK 1 TOTAL. .11ASCO14E. ��� O 1 • t 7��4i ` F TOTAL !'at]MI. Ah£A COST • 83>< JI 1a�1' i w,owerwt.wtew� eewUMe 1 % OPERATING EXPENSES OtIAUTED"''COf1pUTED^ 1 PER SOUARE FOOT "Ct+3•aT 1 OPERATING EXPENSED SOD .7 c COMPUTED iyv� ,s f 676382 !; COMPUTED ry Y}t, 1 NET 13PERnTIN3 INCOME A DIRECT CaftTRI&T2ZN GG980 (LOOPED TOTAL fAXTASLB OF * 1 j DUILDINO COSTBJSF rF } iD� 1 r. iJ t: cowl EkCY RESERVE 1=sue 1 CAP RATE D.0% GROSS MULTIPLIER S• 19 "COMPtIT'EO ^ / d tl' ° �6376•e 66537 I xfC TOTAL DIRECT COST w�mmosm .w.r. 1 TOTAL. PRO .JECT VALUE 13�37t!70 ! COMPUTED F . 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(�t`om r: �i„r +1.: J r xr fr ,tilt`,1 • (" ' 1 t �tr if r 5 ,� r J � • l ,, r � �`�,*,• , � ;1 � t � IV The construction cast per square foot is 68.00 which does not include bank interact charges. �,� s ,;fir ;}'� (#, 'iJ:,, t T I El V SPECIFICATIONS FOR KITCHEN.t „.1 if tYr�# t' r•, Self-cleaning gas range with broiler ` Microwave oven with exhaust fait and light ," +3 ;rt �� `•� Energy -saving dishwasher ! 4 h.p. disposal Double sinks ]i hti y{' . rJ Iti Ott - 1 .... t ' CFI+ c J •'[� '. «1�. - rift' a, r 11 + a it J" r I t r - r4w✓n� ;LT-� im R `w . n ag Water line for refrigerator 1cemaker Generous iak pantries Ceramic the countertops and splusaguards Ceramic the floorins Washer and dryer ',;ok-up in each unit C�utral public laundry zoom SPECIFICATIONS FOR BATHR00M Ceramic tile vanity counter Built -:in lavatories Fine oak cabinetry Ceramic`tile flooring Full -width mirrors at pullmscts Venigner quality light fixtures Widespread decorative faucets Full-size showers and bath Lubs Safety glass tub and shower enclosures STANDARD SPECIFICATIONS (cabinetry, door hardwace, doors, jams) Hardwood cabinets =�olid wood jams Decorative 7-II casing and baseboard Solid core, raised panel exterior doors Entry -handle set and double cylinder deadbolt Raised panel interior doors Please'refor tP.gpecification Brochures n�•`*{i�j}j�� ��rf,�}►�'[�CJ`L�J� �*'�,{1,s"�7�-�+.fYtT�tr (,r' �jl j"^a t1 .r � r <r r,' , , - -•, - t 1 Jr ,r �, y' i. :�a� i, 7c i it Ci 4Z4j i r r 1 L: , rt t 11= i s 'tJS F iiS j 4i 1' L) h+t `tt4`(f c h,h •, r��'�r'�T7!.� {i. r �1j.-5�Sy �J rt 'i` i 7r f r 1 ,, yj� �'/ (j :r' � •� � J.N211ri� ij��i.t�rja , i•Cr��`i ll�.' lit', �5 [Sl.ii t ��.t'tt4 ( •f ti'I' , :J'# , ,�•, , »j tIjrc t }„({ iiJ,i Iti�' � Jr ,fit � I,,: 114 js- tt �" ., t• _ r; < � +•i r '' tt. �£zCC;`. fr. ., Eck«• � Jr..tl <iwr�' '.lv C.�+'+ yi �J7J7••Xt�'�' t`'f-�.Y J, �.Fj?4S rp ♦ r..l. ,r 1•:f' + �{ ^�i`?r tfr'�_, t`1 �0•(� } l +r y',{.4��t ir, ii)1:�:: J��•K+1,�+' y�{ji /, .'+i.'i ; tf �rri {��.,flt:•='�' _'�lrE��J .i'iC t, , r r : `• , r r• ,.,. 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' :E �+., r �te rt •'t a�� r_ellt ri y, >'t�r�Sl } l •rt + � '!A.Sa'+:r�t.�Jdilk �'�rt }�.� �Y.J.ErS�ii-aG1T�i+y',�tfcztY` ta..nr...w�+u.ssn ar.yta,.t+v:ctt:s+,CtL:ititl':'�•a,':.»'Sl.i.4!'t�%.:�htiL�'+�••cSt7i.L:...i« ( �_ZYr ,ti ;���t .'� T t! ir1 1 i' �, il�t �i � 1.S t �r r�;� 1tF.-+ ire r ��'{� `, Wit+ •f ��i �-• r�/ T ',1, + V* SPECIAL FEATURES - Exterior t fi ' Tt T ij j' We intend to provide the following am.:;&itiebt 200D aquare foot CLUBHOUSE 7 FOOT. t`t SPA y- v'.ya SAUNA ', 144 3�' a WEIGHT/EXERCISE ROOM WITH SHOWERS, RESTROOAlS, EQUIPlffNT CLUBHOUSE WITH FULLY EQUIPPED KITCHEN (stove, refregerator, kt fttu � I microwave, dishwasher, disposal, etc.) BUILT-IN BARBEQUES � LUSH LANDSCAPING WITH CUSTOM- DESIGNED WF,TER FEATURES t t,? COMPLETE EXTERIOR MAINTENANCE OF VOUSE• AND COMMON AREA .: UNDERGROUND UTILITIES 6 t� Z ,� • � � � '-�p'`� PAVER TILE AND CONCRETE DRIVEWAYS AND PATHS �,���+`` �? t •, ELECTRONICALLY OPERATED E.*iTRY GATES M.EDITERRA2•F,AoI TILE ROOFS '�- /°' 44„ ` , M-• 1 ,1 7 i L PRIVATE ENCLOSED PATIOS AND DECKS w'rs.wi�z ,•.yxr •► y VOLUME CELLING5f�'r'" 7;I. r . # <Nt DRAMATIC SKYLICITfS ��� RECREATIONAL AND SOCIAL FACILITIES =`{`it ,.1ti � �.1401- h" �r� .r j i ,i)' �' L r•�ir (a�.' ' �. ;'�,• �� f SPECIAL FEATURES -- Interior M, PLUSH HALL-T0--U7ALL CARPETING IN LIVING ROOM, DINING ROOM` 4 f XULS„ STAIRS3EDROOMS t``i"`'• t ; A;` 1 lit. CERAMIC TILEENTR:ES i r+ DECORATOR SELECTED LIGHTING FIXTURES „=;.Strr LINEN STORAGE CABINETS PRE -WIRING FOR TELEPHONE AND CABLE TELEVISION OUTLETS COMMERCIAL QUTALITY ; FIRE SPRINKLER SYSTEMS �';�!'� •�'''+ t ;1 t•' ° QUALITY SECURITY. LOCKS � * ► s� + DECORATIVE FAISED PANEL DOORS " , - '~i t� tt , r DETAILED DOOR MOLDINGS _ram: �cak�x, t�►1 rt`�I: KNOCK -DOWN TEXTURED CEILINGS �4?� t, � �? "t, SOLID, RAISED PANEL FRONT DCOR WITH ENTRY HANDLE SET .;`•:{ DOUBLE C LIND'SR DEAD BOLTS WOODBURNING FIRPLACES WITH CUSTOMER CAMIC FACE, GAS LIGHTER STUB ENERGY CONSERVATION FEATURES FULL INSULATION TIME -CONTROLLED THERMOSTAT ENERGY -EFFICIENT, GAS FORCED -AIR IiURNACE, PILOTLESS IGNITION HEAT -CIRCULATING FIREPLACES ENERGY -EFFICIENT SHOWERHEADS PILOTLESS IGNITION GAS OVEN AND RANGE.* *Appliances are upgraded from standard apartment type Please refer to Specification Brochvres ut. Y,,�tT .- � 7trW71�Yxtayn v.e+.• a.t•w'�-r.�..ev^ '; , , , .. / j I' ,_, ' w' , \ v iri,t ,,�,:-._� � ', t Y, ,y,H t t. -: a',, ,;lr •. Jt : �S.l it .�, 1 ._� ! r `t; i. � l�t ti, �.' % `Z1 •4` ' � , .. :.. ..."::�y �. -.t .!, �..� le l.:y. .. 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Complete coumiercial sprinkler system in all buildin s ie` t ;Sr ,, n r ICii ,i i I ? � j•,;r1w , Y �Ir >,,` including garages, brlcouies, etC. y,._ fCf +!j +j,S iio . I wt �, lit.Jfli r #{ 4, r• �4i./�i'1t" ,1r, y I!! ,J` t j►r, if ,�fff , 1�vi+4�i "'"`' t� �xf ` I' IX We understand ' y�tt4t �'�," .:� ;' that the 40--foot right�of-way will ba made ► r R t ;'' r� � �r. 1` �`'� ' ;• r ' , r.'" �`-' fivailable far the use of the project (except the 10•-foot It Q- ; # `r1. I�`,,? �F fzl r1. , ,I' /4I' laridacApe easement previous) mentioned on the cast side µ 1 ,,..Ui;. M, f= I {?r; , f :v ► a i G� - y �`yr ,1*r , l. of this right--of-wa � I t.' ' , . � r . . `yTk , M ,,r `IT, .�'!' t "<}' �I' f lfiis will enable us to provide a"much larger, beautiful) ' ". 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"d a�lL _ ..r-........ {,r .,. ..., .+-.. .�..., - ,e. .. `..': : df Llt •.., ..w�..., «��trWt.�i«%.w2J.i I`�{i.} 1 Sri 1 !+t , td 1 i 4 }} IL' i X.S. PROPERTIES II el 1 WESTCLIFF DR. +, }�•� 20 SUITE 0 :lI NE1NP4nT aEACIi. CA 92663 `I 1714) 722.7662 ( " � r r ` "� , ` • i '` T JUNE 17, 1986 ' !r,i1 t 3r r ' STEPHEN V. KOItiLER i ' SR, COftm.vy DEVELOPMENT SPECIALIST CITY OF IWINGTON BEACH •, ,•!�',t'I, �S J OFFICE OF RmEVELOP,WENT t (; 1, _z•, 5, . '= r,' 'ir 2000 PLAIN STREET HUNTI NGTON BEACH. CAI 92610 } RE: "Clk'IBRE DEL LAG4i' CONDOMINIUM DEvELOPmaa z LAKE STREET, HUNTINGTON BFACH, CAI ��� �1 .air.• � ,i�. DEAR Mi I lbiLER: 1C i i �• ".r J 4 ,,Sfr I . PROPERTIES IS PLEASED TO BE AkM THE FINAL FOUR DEVELOPERS IN ni-E DISPOSITION OF THE LAKE STREET PROPERTf:'I Tif"aM�'.RE DEL LAGO"DEVELOPMENT c t �'• ' l WILL BE 01Jc OF THE ARChlii:CTUR4l. HIGHLIGHTS OF THE L !N TO'hTJ RE EVELo°NIENT `'."''t' ,,'i ";; : a••`# ;jr h4D WILL BR:NG DiE TYPE OF 40YECWNERS TMT WILL BE AN ASSET TO THE COPmjNITY ` • _ .+ �; lP1 A14D CUSTOMERS FOR THE DOWN TOWN MERCHANTS. IN RESP014SE TO THE LATEST REQUEST GF THE REVID-1 TERM I ISI PROPERTIES HAS P"DUCED T',+ UNIT NU'�3ER TO �8 UNITS. THI REDUCO UNIT COL91T BENEFITS THE F. WECT BY PROVIDING WIDE DRIVEWAYS (35 FEET AND EXPANSIVE PLANTiNr.3 AREAS BETWEEN BUIL')INGS M FEET) , THE PRICE THAT I.S. PROPERTIES 1S OF- FERiNG IS THE SAME PER MIT, $27.-LWO. BASED ON A 68 UNIT PROJECT THE TOTAL ! t" 4 IMCOME TO THE CITY WILL BE $1,t33G CO). THE U►!IT MIX AND SALES PRICE WILL BE AS FOLLOWS: 52 -- 2 B IC'�Room - 2 BATH I%kRBODOS" $99 S0 .00 7UC 8 •- 2 BEDROOM - 2 BATH "CURACAO" $U4,.500.00 B - 1 B EDft00N - i BATH "AN T I C11A" ,1560. 00 6 3¢ It r'�r! 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J, ii,,, r it •a; r I t- ! ; f ' ,cl 1 , 1. �� ,, . •.1 + , t' i' (1 SAt" dr7 'dtf�, I;,' r1 1 ", i1 i A 1 t„ 1, ., \ r, r, ,1 �; Ir :�� t rt • 4A. / - �. tI rw I. „ ... J• : __ 1 1� t, . ' a ' . ;, r 1�" •I „ 'i t r 1 .,. . '.. , 4:. 'ae r a' e, ta.Iw.:».,...,..,_",:eJ� i..., :t. 1.a. -, ',,. ..: y, •. It^.. . ++ 11 ,. rY a t�•. �, ` l.y ,, .... ....,.r,. :..i. cl;.-..,ta• _ ,C, . is 1_,.a_...• « ,. !, , ,. . '� .3 11 9', s "`ink: - t �; ,3 '11 I' I .." .. .a. - .,..ems; 1I_u,c.,. ,�. Ate•.,• J i 7 , ,S ,, r, j,,}. � ' l t t, .1 i I + s=*(`3 IrI ,I) ,�:. 'i .•.Y\ 'r,11 t 3,', 1^ , 1 i MAY 17" 1 °SG ;, ,, � , a ,`fit , i � 41Vf ,i, CUi�'dRl: DEL LAGO PAGE 1y r, 5r t�', ., 1 j , 1 t `1 1 t F ', (,�'t FOR EXTRA' l;0(�FORT .. "I,1 i, I ' PILOT_ .- GAS FORum AIR HEATING (CARRIER OR EliiUAL) A_ r;;,, `r. `1 t �'''� . ,it,1, CONVENIENT 1 1 r NTERIOR WASHEf✓7)RYER AREA W j r . i INDIVIDUAL GAS Fbl' WATER HEATER (NOYT 4l1HGALS) � � f {' t\ i COPPER EATER P1 I NG I IiROUGHOuT � �,_' ' r, ? i AUVAhCED SGU11D 1 �U 1 I ' N.r LATI ON CONSTRUCT ION (R-1.1 AND R-19) f ' `) SAV I PIG I NSULAT I O.1 I N ALL EATER I OR WALLS AND CEILINGS y ,. r•' SMOKE DETEC7�O,4S ' `: t` i, '' ` j ' ! . PRE —WI RED FOR TELEPHt1fVES 1 X' ' t .3 PRE —WI RED FOR C•�BLE 1V ; ' 1 13 t' f1 4. t . f t r �` Tiff EXTERIOR FEATURE' J� Jtt S If��:�Ui �� r'' ?' j, t INDIVIDUAL FULLY—F,VCLOSEP UNE— :;R TWJ—W GARAGE 'nu 'may( tb 'j,?'�;h,ST?' 4, ;' . ��, AMPLE GUEST PARKING j1`i �1," i rle;)j\ 4 ti,.!( ' AITRECT I VE MED I TERRJ%F,%1q S i YL I NG :V 117I S`1UCCO EATER I ORS AND RED TI LC ROOFS � 'f , ,s:��, �''I }� STUCCO PA�TIS AND B,ALCOUIES WITH %IDITERRANEAN TILE HIGHLIGHTS �' A - 1 I" 1 ', i !, F c ro ,t 3 1 ; 1 ING WITH FLJMIER.NG FOLIAGE AND MAJESTIC PALl�i TREES t t, `' fry , �t MuLTI—TIERED FOUNTAINS ' , Lf,, • , 1 f j '4 ' +� 1 1 1t - ' THE PHILOSOPHY OF I ) <r•� 1� . ; F �. III •';ft S PROPERTIES !N THE DC'IELOPi1E1JT OF kESIDENl'IAL s ,f 4�'1 aid , : ,t PROJECTS IS TiiAT THE HCy`1EUtV�VER SHOULD FEEL A SENSE OF PRIDE WHEN THEY ENTER THEIR RESI �f ' I DENCE OR C%WilNIUM. TO ACHIEVE THIS END, I.S. r', ,,1 r, r j ', , i , PFtOPERrIES HAS ' `"' t - " 1 ,,," A��VAYS GONE TO GREAT DETkIL t0 PROVIDE AN ENTRANCE THAT FUIKES A STATEMENT OF i' ` rI.1 ,< '� DUALITY AT "CUMBfiE DEL l�CGO" ,ih'E 3 . A , 4i t f`1EOWNER WILL E7YTEk A BRICK—PA'ODRIVEWAY tr`) �� )r\. Ltd ' 1r �' WITH CASCADING FLOWERS 01`J CITHER SIDE. HOMEOW 4ER WI l `7 � 4 , ,; + ' THE L USE A PERSONAL r�y„ Alf ,J !I 1 ,lt , '"- I , SECUFctTY CGDC TO OPEN THE 1'iffiRU GHT' IRON SECURITY GATE. It- ,�41 l��+t , [ , 7R I t'1. }I it ,Lt i} t r . �[ tt {� ' 1 _ :�. t. ,z , THE LANDSCAPING WILL BE LAVISH IN THE USE OF PALM TREES AND FLOWERS. g L_., { t 1 ;�` Y R ,�' ,N . ' " _ + THE WIDE EXPANSE BETWEEN BUILDINGS WILL ALLOW THE ROOM FOR LARGE MULTI —TIERED x, i �1 y' I`t J11'` r, "I."I""' C cr ,If z's , x FOUNTAINS. THE RECREATION AREA WILL INCLUDE A SWIMMING POOL (15' X 30') AND s X j)`" ' t,) ti t �, . k rL 1,{ t 1 i {13,rj }.. t '.. t t s A SPA (8' X $') AS WELL AS BARBEOUES. THE PATIO WILL BE I �i �ltl `"" TRcLLIS TO PROVIDE PRRTi.. 1COVERED BY A r ' r !S ,y h }. .l .KYW.:. AlW W\ /YSEt�S1 - r.,'y,�-• e hf, r,. ,, 1 i} 1 1 v , 7 t o 1 i 't,I,FjI <'. ,11 "CUrtRFE DEL L,AGo', WILL �'I;. SI ROUNDED by , r :I, '`'=t r,;, ,I rl r c'S r t ATTRACTIVELY CMISTRl7CTED OF BLOCK AND WR01� A St:Ci.RITY WALL. THAT WILL BE � r o f ^ t'i t 4 t , ` 1 1�"I `, r .�rA,. < , `> II r Hi IROtV. ACCESS WILL BE PRiNIDEp . . ,.;K �{ BY A COMPUTER ACTUATED SECURITY ,�_' t r�.. i r �. r. &F L IN THE PREVIOUS SU3'7iSSION TO THE , REDEVELOPMEM rf t,c�, ,' / ��f; 1�ti. ;5 r THE PROSPECtIVE QCCUPAA�TS WAS PROti'ID CCI�IITTEE' A PROFILE OF�_'!�`41 1`':,z;:f, t:. I r ED. I . S. PROf'ERTI ES 1'Jl?UC D L1 I(F TJ 'HAS 17� '�' ` , ,4s� =1 `, �~. ,,�j { , Y d1 THE ADVANTAGE TG THE CITY BY THE D-CVELOi'MENT OF CONDCIMINIUM NOh(�S, AS OPPOSED TO `.•.')':_ 4t, Ir?� a,, , , , rl /�� ,(, ;i , �, ,` ,' ARTMENT PROJECT. t7 iIj, I 'fir 't�. 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I I I , I 1, . . , I � t , f* I ��; .." :-t,..r , - I. t t j, " t It . -1 ti .«w1, ,:vfa.-,"%LIr"--Ls. ..'.",i_ik.:r.ktx :fta.:r } r r.._ •,.,,.,,,., ,.. _, .. ii ,, . �f .I.. )) 1�1 1 ,-� tl r' '�l,il i !!! , , y"lr �r'r 7 , I 7 � ,•. f 11 y ti r 1 1 {� 1.I. ,► t ,, ,r ! {` t1 s ��.,�' s ►� i'{AY 17. 19$6 PAGE �I I',, , `"7 , ' I1. ,.t` " 1., ! `T CUMRE DEL LAGO ! , '' i , , ,3+� ,xc y I 1 1) HOME CANNERS TEND TO BE MORE STABLE AND TAKL- AN ACTIVE POLE IN I J,,, �, i ro� Tr1E C4MARI I TY I, i s- t .', uN,r 1 " ' I , 2) kME N'NERS TEND TO HAVE MORE DISPOSABLE: INCOME.# WHICH � VJLD (; '. 1. � 3 i4 ; 1 't Al J3,r-NEFIT T1iE AO4�NIOIJ MERCHANTS. t3' ` �5'�1+ r ` !1, f .r, 3) THE CITY WILL E14JOY THE BENEFITS OF ADDITIONAL SECONDARY SALES ,'� � ,. rr...�.::, 3 }, TAX. �� . - �I) 1NDIVIDI::.L Fi0USE5 SELL MORE FREQUENTLY THAti LARGE APARirsErrr PRGJECTS . ' f ' I %fl I CH WOULD BENEFIT THE CITY BY ADDITIONAL 5% PROPERTY TRANSFER TAX AS WELL AS w' "I I 1"i 1 �,-f 1;11 REASSESSMENTS ON A MORE FREQUENT EVASIS. , .., , I'll� �t , . s ,i t C C1 , 1. 4 w '11 i ' �? ;, {' BY PRICING THE HOMrS AT ff LMIIRE DEL IAGWI IN THE AFFORDABLE RANGE THE t', , +tI, I '° ' ; t. DEVELOPERS WILL EMLE PEOPLE TO ISECOME HOMEDINER WHO WOULD NOT OTNER4IISE '` I I ` , t HAVE THE OPPORTUNITY. ;,L '. I j .''; +\' ,,, .t a v ,, THE PRINCIPA! 5 OF I .S. PROPERTIES, AAVID ISRAI:LSKY AND BERNIE S�IALSTAD, t' T1�; ~' srt` tta�; ,', ,t ! �tr�r' + ' �' FiFJILlZE HOW DIFFICJLT IT MUST F1E FOR THE P.EVIEW CUINIT TEE TV ANALYSE PROPOSALS . '1 ,; 1It �_;} '' ' ' , t ; I , tl r IIA;:.D SOLELY ON SKETCHES AND DESCRIPTIONS. SINCE "CUMBRE DEL LAW' WILL BE i4;4i��,' r;; , ' �? , '' BASED ON THE "PUIb^1TAIN CREST" DEVELOPMENT AT 133 BRCbKNL�RST IN FOUNTAIN t `4 ''� ` Fill, -.> ` art � i/ ' VALLEY. I.S. PROPERTIES WOULD LIKE TO INVITE THE REDEVELOPMENT COifIITTEE TO I '' '[tr' !, '-,t ,.,�, 'I uty N je to t �, K `` a ff ! ! , , � !: ',, ��>s ,,�'•, _ ;, VISIT FOUNTAIN CREST' TO GET A FEEL FOR THE ARCHITECTURE AHD THE QUALITY '1 s 0_ if,� 31�, r �5 ' t 1� OF THE PROJECT THAT IS BEING PROPOSED. BEAR IN MIND THAT THE "CUMBRE DEL LAGO" rr`,t `�•��, '�r',�, 'i - I �. ,: ` , , r r 1 DEVELOP�IEI I- WI 1 L HAVE 50 FEET B&EMEN BUILDINGS . k.;.' �. t 4 'u , V {� '. •yy L�� • ", . r 'i ; ,,I 1� :S } i a ),' ( CORDIALLY -; i ,,,,?t l.� T rtl., " } , 't fi �btt r. ii '7 x 1, r /� }r DAV1D B. ISRAELSKY „' �t Y, ' ' '. lit k tr ; ii , S1 rr t ;+ i1 + `, t r ,T. . , '10, i F r 't ` 5 `t 1 i , 4. �y 3ru l7 �' '(T , ! d� ! f 3 , - ,i , t, i l , 7 ' t ►, �• R3 I c c r , t �. r •,:+ :ij t' , r. ` , ,� .-f,s f �fGi�� r t Y .t i .j ., t' (; t`h '', c, BERINIE P. S�.�LSTit'J i '''^, ,I,t'1 A. 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T, !^}} Tl I ,1 1 ,,,, i y',�C.,..;1+ ,t k �. y ; r rl :1� .S. 1 ! r \ :.i% r y,+. a, t +.,.tt. Y. r,• r �. ..,,,n;,' �.. u, r. r r: r T ? {, t`1 y'c' - -i• '"�j ( r + t` 1. ,. ., -I t 3 ( .:' SJ ,. .. 1.,+7 'r,. 1,,i ...t !! : r. ,eit V4 I Jt r + ' r. �.1 ,.1?. % -• r Al� r,r..:t •'c�.t,e iir.,: •.- _..,t: >,•t:..,lt_�..., t J" �1,. 4 +, '• s'1 � ! '}''i�!$'�, 1• r ,....-f 4.; .. :YL: 1 ..t( ,.� r.,1. ). r.,._,tr, :.• : r.,,,. .:: _. t, ti. ,,rT '_, Y,�y^` / 'r;t ,. 1 ".: s."1; v ., /. . •.i�j. }'j 7� ,l- ... ,; ,., r�,, '. ;•It.. ,. r' ,I' .I 1, r, '-1 f �{ ,t py ..ems. .r:. 1. . ,:•l:, r , sv. .,'i:. •I.1 ., r''.: e:. t _ f a 1 4 t •>�•:.t i 1 •'r ..,. •::lk t...' ,. ?'f,, -.;%'_ r `_ ., ,'.-. :,_ 5• �� ,�. I'.. ,. ,, 1 ., {[' 3 '.'�Iz '�h. , :•, ,Iq ':� �rl',s � � ,i p,, J i• .,r f i•. ?'. <;�( I '' r'v. t, , ;, !I'.;r ,t ,f, ,1. C` , s u,1` M. I^ , 11 . 0 r t a� o l 1 t' , , ; t , • _ r r 1 / "� ::,� , l i) t f r rye t'� i l ,�. l .. f. it r J L •. , : F�• r: , t', - t) tt ` �"�.., ' it 'h•I�, � t ^• t '� 11 ., :, tl ,._ ... �iy. •'„ .-Y-••l.''^.v ..J 1 . tri'`'; ;1 ~1 •1 t j. f r . .w , y.,� •,n: _.....'•, u., ... .. .... . ,,.... �.. ...... >`. ,, , ,,,,.,. ,, ,: ,.Ur.•....a a,,;r♦. .a .x1..., .L. . rr1t:}w. �i.. ,:.l.• . �\ii.L tj) 7 It POSILOVICH ENTERPRISES Real Estate Development t, i 18811 Huntington Street, Suite 200 L1 Huntington Beach, California 92648 U.S.A. O Phone (714) 841.5226 ;7, ':' ' 1, its 1 June 171 1986 t •t'I t u ;11 t Mr. Stephen V. Kohler , Sr. Community Development Specialist 7•u: City of Huntington Beach Offlice of Redevelopment t:1 2000 Main St.reat bt t ss t Huntington Beach, CA 92648 { '.� 1 ! ` to �L • V + t •; RE: DISPOSITION OF LAKE STREET PROPERTY t ri In response to your letter dated May 29, 1986, I and my con-- sultanta have pre�pare3 the following proposal: t I. ,Site Man: 141 Total Units: 66 1 a. 56 Apartment Unite rl �. }4L..:--.----�eo�'1nl_tlathM ix- Sc * Ft •�, 1 ;, ;: 117 y2 2/2 16 936 •� '•+, raj. ' j��''• `� 7 >�;.f ,.'f• �/1 8 867 i 4t^hPry 4 1/1 8 663 ri�Ysr;1�•'£;;'jft 5 2/2 1/2 16 11109 lr� t rrC'IX t��t,+1 ,! J tt''1•{! \ t+' ;Itr ��;1 '+x; b. 10 Single Family Homes ,:Ili t » , 1 ,:1 't. .'i •' JI'i Ilj K F T J • r J a- rC Plan.. ed ca ath mixSq. Ft i}itf V• 3/2 1/2 4 1 550 3/2 1/2 6 1, b50 t,J 'ir y �� l ,1 at `I �•ii L1 � :1 1 +`Tilt..• i�< 2. LdrC aS (�•Q,T ' 1 Land Value With 66 Unitn $1,758p000 . , It , • '' a<t t.11 FF t' 1 1 t1y r ' ���� li '�, ��� Yf,1 J• �, K ' 1� j � t 7 ••-`J "�Y,yc1 , : 5 / `��5 t� t t Li, A rr� i� L• 1 li 1 YS ,:...A71�Py Fr�t't'� •..��.,- �.� :. ,. ^?! .i. �,Y,._ry �?"}. "'�'+"� .,..». ._-,�, t 'T.,:r>, J i+i' • �'` •. f/ RTC- .• . t<.. s ..,... .. _ �_ -t>,-• - ..•, ..,,.. .,y}i. , L 1 .,"., •-';. ;1 .: .} <r�P'. ...-.:: ,• .,��..4 "'" �+n:.^::�;'Ij;i.a'u.,.•;�l, l..�.l.�lX.f.h:e,.•i�'l:>,,L --i,.. -.tirT. ;:.•L M,.ir., .•�1»-.'I•�t, .i';..'I r.rr.,...,•. .rJ.ia:-C�7. ,'T�'�?�'J"'t'-, ', .i.,. Y. t{.'.,,,,, r.tr'i�, '•'.,i r 1'.'[s'�l,�?1Kr.Jt��i' -. r. Ire r;lCtiry... ;c.rfi'1 'et., za:• r .1,: ''. ,. .S� �.r'.',.::• :�: Jil _cn '•' >.-, '%f Ft [1!t 17 Z r•jt.�;i, r.F',lL'c. , .1, p , ' •,�=r•FIw�•w1r•)` /`;'-t ,• .. ,.. ,.. 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'r.1ti e :r., r i.ii,[,1r lf• r<-.'.i h '�Ji �-t +• i It � ., r I:j (; �� � .k 1.,,'. 7 i:' ,�, ,rr , I f�•1 it -ir. '1 a'f.7,i''' `I 1%i r.TE ,'/ : Y 'i,{ '�(• , '"3 �, , . . r, '�. t�.1' r � �1. • j ,.•.,f.- +�� !...,n ;• :1;,.<. ,{ <.^;'.,:.,^ „�- ,Sf ��� i ; i<•- t• i ;�', ..�1. ,ti =w.1 'i. , �tr �' aa : 3J ti' . .._. Y!L"_. er t'r rr L,. r._.{_.: .11 . t. r, .. Ni • ' �,,, ,j r�, ';S. 1 ./ i. '/ ¢ ' (r i <„', i •},. ,�: L s• Ss if,rt•, t �11 ({,,��/{,.��., 1 , t,,, L't,1 it fY.. •1 i , ..II:-JJ}•'ia .r ,,., Y. ,./:: 1'A:•--. Ef .., ... - ,.. .., .. .7/.C_ •.:'fI. r y .,' .-� r 11 ,... f, 1 t- 9YS Iu ts• :<. ,,:i ��'•�'t r f1�j liJ � s , , •:d i 3n y �t1J,i�� r ti7 tj'„i 1 4�F, Cathedralceilings ��rt;` y 7�'� s ' , i�tiite Win0ow Frames Jl c tx tt„. Formica Counter Tops in Kitchen}' Cultured Marble Tops in Bathrooms r. Vinyl Flooring in Paths and Ritchen ' Dinhwashers Garbage Disposals 1 !�5 • g 's Microwave Ovens Self Cleaning Ovens European style Cabinets Six Panel Ent Doors Wood Jambs with streamline casing tr' Fenced r Patios and Balconies , `- ,;';� tl's t ctt� •,; ,' 'r� t ,'•I, Concrete slab in Patios �t) „ Wired fur Telephone ;,x ne and Cable T.V. s �i Central Heati i f nq and Air Conditioning �tb i i >r',� �•!t b L . Single Family Homes' F, } Y I��� , i�jr, t• t Ott Srt' 'J� INTERIOR AMENITIES } Wood Burning Firepl Ace with re brick ,� t 1 {�+�'{ r� •+ ', Skylights al k ' ,. ! �' •' Garden Windows Cathe;iral C ilin s Clerestory Windows Oval Bi:thtubs & Separate Ceramic Tile Shower Stalls Double r ` >. �N{ ';, ,!� �- '`'�; ► athroom Sinks <� (i Walk-i:l . Closets Ceramic ,Tile Counters, Bathroom and Hitchen Trash Co,-pactor i Microwave oven �� �'� - ` t,`; Dishwasher ��. Self-cleaning Oven s ✓'', 'j Ceramic Tile Entry` ! JJ•�r•,J",r it i; ,t1r ` , +J r, � r 1rS _. 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S._ c.r {♦ :,• ). rt i. , , r l{` 4�' ... i S rt ':• -5�. ri[r 60,; {��l. , �3 ➢f l t , {. h ,t y.. , , r. - ( �.r,y ► . ,, r , ..,, ,. .!.�....f;', .. +. ,. 9` is � -J'r r•a, • j � r tt, .� : vPt .1 �.• � 7 .t. ,'i' •.:�' .� r r i, .ii 1. I j' .+c%• F• ',.�,: Vl. . r. 'Ir .1 /, r Yip' ,ram :f+✓.+r: t 1 t. Fr ti. 1;,r• } I t + +��, ! ! t ,r _ _ 1.- .6 t.:• 7 , • y' +�',.1 rt J/}{' I'.f�;�'';: ,-:...lE..a. rr d 'cr. ., ,:. 1: '/ /tA, i t' "+• ' � '_< .i "1'r 1. ,l 1 i / � •.. I,., ,• ,., ;,.X�l._�i,�,,::.;,..1..,,.: ',L, .:J' .• .., i '• r' .f. I'L. '.r ,<';at.. f {,f �i� f % i 1,-rR,y, �j.J �� rrif ,.t,,. ._•• .. r .. ,. ), r /, l..ir . i� «r + 1•7 ..,. .! rr. ,......:,: ,,, .. —/ .P - -, -,. ,. :f �:.',• • ! �' I 7r '.i, !, ,'•, 'f. rPY,1• � 4 'i { ;.f71' .f: !•.ir,, l! J, I< �f•pra;+ n (, 4J .,> t,.,,.:r ,.+s'-' J..:• ,.:� �6'ir i i_(•��j/' , ,,�� :1•, ,y i' ' f t 'f 1 �r. r ti. - �l : 1 � f - JI n�� 1 tj4. 'ii^ t !r<...t 1. '. Y .,.1 ,` !:'. I,r, t.r ),�r,'• i!(.. '), !• + _ � ,,.. ' a ' ,.� 1-S, r; t', , • 1 .. • t. ,r f `♦,q '`;` ` •,. 7 tk y , / ' T ' � � f III` �:1 t - . , Yt , fie r1 {! li" 1 t,t•' t xl .1� ' ,{ },..vt *L.. J c. .... ,. i) I ;•. :f. � rt pF,,� .i,,''t�+,• -,., ,. „t. . .e ,•t ;.�.AJ• . .. _. 7!., . .ra,.•�•iv. t.ait+�._bitr.l itWP:..a r.,. �1r, !, ! ll -7 .!:: 'f ,�� .: r rfi �'4 :'it ....-.t.it.�.. ._s:. rl i.. - .,. ._ ...., ..'t.,., .... r.. ... r ,. :.•.. ,•t,... ._.-..a.t_ �, •4 . ... .. � w �� ,l � l,,, 1/ til t I t ��t i a�•r�z. `i ' Stephen Xohler r, << June 17, 1986 � Page 3 of 4 i t� ! �; -fir 4�.,t• 1, f+ ,, ,1. ntaJi r Ameniti)p. Cont. 1 Wet Barn Mirrored Closet Doors Solid Oak Cabinets -Kitchen and Bathroom Breakfast Eating Area Garage Door Opener Kitchen Pantry :,.�•� . Washer at,d Dryer Area central Heating And Air Condi %:ioning t7hj�r ` :') �� •.. tit , If�r -��% t� � 1 1 t EXTERIOR AMENITIES',' :f. t. (� iF lt, •,t� t1 �. tit,Ii 1�� Concrete Driveways and Entry Walks t , ,a Block Wall Rear and Sideyard Fencing Front Yard Sod and Landscaping with Automatic Sprinklers t { Decorative Entry Doorc 't tr Divided Light • ,� t t i4indows { { tf±ssion Tito Roofs t;� f „ t 6. CoLrIDQU�ti ea %iI1Qs"1� ti@�+ �,� ILf . `.; P The common area amenities for the apartment units are as follows: The pool and spa area encompass an area 60 feet by 75 feet. The pool dimensions are 25 feet by 30 r '� ,1�♦ ` {� .fi r'�f'i f�i'`� , z• /. feet, and the spa is 10 feet in diameter. • 4, Is :,fir �r• y t •- w `4-�rr �t itC ,; x �1 �, ail r,-,. •_ �." f� Thl.•f ?t tis i I e common recreation building includes showers, inen's and women's restrocns, and laundry facilities. i The top of the recreation building will be a clock tower With a flagpole. x '• , } , i ;' t • • r ys In addition, adjacent to the pool area, we have a " 'r, {'"�'a♦•f x half court regulation size basketball court i •., t ,) _i. t,• 7. ,site Plan_gnd+ Elevat 4.1]s •' r t { ' t `r , �f � t� 1��i A site plan and elevation will be submitted on June 17 " a V 1' P ,rt 1986• ' 'i:•1'` J• 1 rit- , t1 � i 1 ,., t j,! r.. ti F r• .� <.o t }1.1y ! r S',•. i l 1 �3f s: r 7 •�' �] `� ''x `fir' r . ` t �`�f f t��,�"`t t t� ! 7 r' , 1 x '• j` ♦ ti , , ;,4 S , fps+`i• t+•� l�Jv't Lot r4 .,i,'„'.?.�'t,. }. r*1r«w.. •r• '�'-`'w."w, �xa �.,.. -L L.•r...:w."`T.2r^ri"t'iT�7,...r,'.'!'.il ►r ea�w..•s'.•...r.�wwawv..r.•v►1o+,tq<T"',!tf7M2�1/ :.^"v.l!r'Cs:.,ifitt ,: tf/ •j 'i1� t 1(!�� f�x5r17.�,''' ; �`' r 'as {t `,� t �' i'::..' :!I;r ,) .i'SP4!.t x' '�' 1 Af it•.h:.r,ia'f.�r-+ at-- i ',,.�f :a•r�,,.,,11, ,' . ,.,. .,, c t. y►�,{,.!!ie, : ,. r+ .-'! �'.i ��:;,4T S - `"itt' .� ti�, t... t rrx.. ,�t ,.,t^.1! )��x7w..' ;..:. � !`;t jr :1".:t y�1,"ii•�,r. 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' :`i•, r.. i �y�• t 1- C ,,twrr,, r ,� _ rti. ,,:,., ,c'r. ,,.- .,:.: .,,,+ ;. :' !• ', ;,..,r..K}i`;•s t , t.,.t x• • }}''jj. } 51j .' ., i.f. T ..�I' ., o ..,li . Y.. , ... :.: ,^...... 4. '�•' .i. i!.• a t ^�. �t: ul 71 el .., :L,,r ,t++4(`...,r ,_. �r+. .., xx,,, tf.,},. 1 t .. ,'•.S. - ,. { ,•,",, IJ; � ,. �',, `' ia,, ,'i''�irt •it '!1"3- �t. ,.; ,, !s�,... ...-. � .� J. .. ti,� i.,i '!1� i .. / � Ji f/ �a :�;. L�r ;. r y t r •, .4oS'b ,^k3r ! ,ct.',?... ,. �fi,. .r'. ., V ..+'; r-•' t -/ ,.0 :r:•: ,r Frl.7.' f+)',,ipt•: 1 71- A! `711� Hr. Stephen Kohler June 17, 1986 Page 4 of 4 8. security Systems We are currantly reviewing the feasibility of installing security ac%-Oess gates at the entrances to the project, and also wiring a portion of the units for a centrally monitored alarm system. At thin tinie, we have not been able to assess the feasibility of such a security system. Stephen, as we have previously mentioned, we are lanking to it rdi I develop a first class project on the subject property, and b I k look forwara to work with you and other members of the staff, the City Councilp and the community on this project. W, I ery trulTurn, trY� i L 1: t':-,71 ,ill, r f Da ial R. Posilovich A - V;: a Tn X4 v,,�, 4 fl, "ji _ZN A0 O� .. I I el 4 TF t� A gl t,i h • 7- 7i W CIVI r Vi