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HomeMy WebLinkAboutApprove and authorize the execution of an Agreement and Escr Dept.ID ED 17-04 Page 1 of 2 Meeting Date:2/6/2017 CITY OF HUNTINGTON BEACH REQUEST FOR. CITY COUNCIL ACTION MEETING DATE: 2/6/2017 SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Fred A. Wilson, City Manager PREPARED BY: Ken Domer, Assistant City Manager Kellee Fritzal, Deputy Director, Office of Business Development SUBJECT: Approve and authorize the execution of an Agreement and Escrow Instructions with Peter Chamie, Trustee, for the purchase of an easement for Street and Highway purposes over real property located at 7900 Edinger Avenue (APN: 142-081-02, 03) Statement of Issue: The City Council is asked to approve and authorize the execution of an Agreement and Escrow Instructions with Peter Chamie, as Successor Trustee for the purchase of an Easement over the portion of real property located at 7900 Edinger Avenue, Huntington Beach, in the amount of $15,200.00 and $2,500.00 in escrow fees. Financial Impact: Funds for the acquisition of the easement and escrow expenses have been allocated in the Public Works Edinger Widening Project Fund No. 20690013.82700. Recommended Action: A) Approve and authorize the Mayor and City Clerk to execute "Agreement for Acquisition and Escrow Instructions" between the City of Huntington Beach and Peter Chamie, as Successor Trustee of the Denise Chamie Trust, dated August 14, 1970, as to an undivided % interest; Peter Chamie, as Successor Trustee of the Peter Chamie Trust, dated August 14, 1970, as to an undivided '/4 interest; and Peter Chamie, Successor Trustee of the Alfred P. Chamie and Elizabeth Chamie Revocable Trust, dated August 14, 1970, as to an undivided '/2 interest; and, B) Authorize the Mayor and City Clerk to execute the Agreement for Acquisition and Escrow Instructions and other related documents; and, C) Authorize the City Manager to execute any other related title documents. Alternative Action(s): Do not approve the Agreement and direct staff accordingly. Analysis: One of the City's Capital Improvement Projects (CIP) is the widening of Edinger Avenue. The project will widen the southerly side of Edinger Avenue, between Parkside Lane and Beach Boulevard and to lengthen the existing right-turn lane which will assist traffic on Edinger Avenue. In order to construct the public improvements the City must acquire an easement over 168 square feet of land owned by the Trust, which is depicted in Attachment A. Item 8. - 1 HB -98- Dept.ID ED 17-04 Page 2 of 2 Meeting Date:2/6/2017 All design work for the proposed street improvements consisting of paving, curbs, gutters, sidewalks, aprons, and landscaping has been completed. The Public Works Department has advertised the project and is ready to move forward with construction. Staff recommends approval of the Agreement in furtherance of the Edinger Widening Project. Environmental Status: The initial environmental assessment for the Edinger Widening Project was processed and completed in accordance with the California Environmental Quality Act ("CEQA"). It was determined that this item will not have any significant environmental effects. Strategic Plan Goal: Enhance and maintain infrastructure Attachment(s): 1. Site Map 2. Agreement for Acquisition and Escrow Instructions HB -99- Item 8. - 2 e r I�Ihl�li iIII�I�III�I : � , • N av e. r , rill' i r � e �L< 1 llori N SCALE: N.T.S. EDINGER AVENUE WIDENING �J. ski Item 8. - 3 ARBY'S FRONTAGE HB "� �;OVEMENTS :1 1iM1y� AGREEMENT FOR ACQUISITION AND ESCROW INSTRUCTIONS This AGREEMENT FOR ACQUISITION AND ESCROW INSTRUCTIONS ("Agreement") is made and entered into as of this day of 20t6,,W/?and constitutes an agreement by which Peter Chamie, as Successor Trustee of the Denise Chamie Trust, dated August 14, 1970, as to a undivided 1/4 interest, Peter Chamie, as Successor Trustee of the Peter Chamie Trust, dated August 14, 1970, as to a undivided 1/4 interest and Peter Chamie as Successor Trustee of the Alfred P. Chamie and Elizabeth Chamie Revocable Trust, dated August 14, 1970, as to a undivided 1/2 interest ("Seller") agrees to sell, and the CITY OF HUNTINGTON BEACH, a California municipal corporation ("Buyer"), agrees to purchase on the terms and conditions hereinafter set forth: An easement over a portion of that certain real property described in Exhibit"A" attached hereto, bearing Orange County Assessor's Parcel Numbers 142-081-02 and 03 ("Property"). The terms and conditions of this Agreement and the instructions to Commonwealth Title Company ("Escrow Holder") with regard to the escrow ("Escrow") created pursuant hereto are as follows: 1. Purchase and Sale. For valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller agrees to sell the Property to Buyer, and Buyer agrees to purchase the Property from Seller, upon the terms and conditions herein set forth. 2. Purchase Price. The purchase price ("Purchase Price") for the Property shall be Fifteen Thousand Two Hundred Dollars ($15,200). This sum shall be full payment for the Property and for all damages of every kind and nature, including, but not limited to, pre- condemnation damages, loss of rental income and severance damages suffered, any and all claims suffered, or to be suffered, by reason of the acquisition of the Property. 3. Acknowledgment of Full Benefits and Release. a. By execution of this Agreement, Seller, on behalf of itself and its respective successors and assigns, hereby acknowledges that this Agreement provides full payment for the acquisition of the Property by Buyer, and Seller hereby expressly and unconditionally waives any and all claims for damages, relocation assistance benefits, severance damages, interest, loss of goodwill, claims for inverse condemnation or unreasonable pre-condemnation conduct, or any other compensation or benefits, other than as already expressly provided for in this F: Agreement, it being understood that this is a complete and full settlement of all acquisition claims, liabilities or benefits of any type or nature whatsoever relating to or in connection with Buyer's acquisition of the Property. Seller's Initials Buyer's Initials 16-5145/133385 2/PD Page 1 of 12 b. The parties hereto hereby agree that all rights under Section 1542 of the Civil Code of the State of California are hereby waived. Civil Code Section 1542 provides as follows: "A general release does not extend to claims which the creditor does not know or suspect to exist in his/her favor at the time of executing the release, which if known by him/her must have materially affected his/her settlement with the debtor." Notwithstanding the provisions of Civil Code Section 1542, Seller hereby irrevocably and unconditionally releases and forever discharges the Buyer and each and all of its officers, agents, directors, supervisors, employees, representatives, and its successors and assigns and all persons acting by, through, under, or in concert with the Buyer from any and all charges, complaints, claims, and liabilities of any kind or nature whatsoever, known or unknown, suspected or unsuspected (hereinafter referred to as "claim" or "claims") which Seller at any time heretofore had or claimed to have or which Seller at any time hereafter may have or claim to have, including, without limitation, any and all claims related or in any manner incidental to this transaction. I HAVE READ AND UNDERSTOOD PARAGRAPH 3 Acknowledgment of Full Benefits and Release. Seller's Initials 1�G 4. Payment of Purchase Price. The Purchase Price for the Property shall be payable by Buyer as follows: Upon the Close of Escrow, Buyer shall deposit or cause to be deposited with Escrow Holder, in cash or by a certified or bank cashier's check made payable to Escrow Holder or a confirmed wire transfer of funds, the Purchase Price plus or minus Escrow Holder's estimate of Buyer's closing costs, prorations and charges payable pursuant to this Agreement. All escrow, recording and title insurance costs to be paid by Buyer. 5. Escrow. a. Opening of Escrow. For purposes of this Agreement, the Escrow shall be deemed opened on the date Escrow Holder shall have received an executed counterpart of this Agreement from both Buyer and Seller ("Opening Date"). Escrow Holder shall notify Buyer and Seller, in writing, of the date Escrow is opened and the Closing Date, as defined in Paragraph 5(b), below. In addition, Buyer and Seller agree to execute, deliver, and be bound by any reasonable or customary supplemental escrow instructions of Escrow Holder, or other instruments as may reasonably be required by Escrow Holder, in order to consummate the transaction contemplated by this Agreement. Any such supplemental instructions shall not Seller's Initials yer's Initials 16-5145/133385 2/PD Page 2of12 conflict with, amend, or supersede any portion of this Agreement. If there is any inconsistency between such supplemental instructions and this Agreement, this Agreement shall control. b. Close of Escrow. For purposes of this Agreement, "Close of Escrow" shall be defined as the date that the Grant Deed, conveying the Property to Buyer, is recorded in the Official Records of Orange County, California. This Escrow shall close within sixty (60) days of the Opening Date ("Closing Date'). 6. Conditions of Title. It shall be a condition to the Close of Escrow and a covenant of Seller that title to the Property shall be conveyed to Buyer by Seller by the Grant Deed, subject only to the following Approved Conditions of Title ("Approved Condition of Title"): a. A lien to secure payment of real estate taxes, not delinquent. b. The lien of supplemental taxes assessed pursuant to Chapter 3.5, commencing with Section 75 of the California Revenue and Taxation Code ("Code"), but only to the extent that such supplemental taxes are attributable to the transaction contemplated by this Agreement. Seller shall be responsible for, and hereby indemnifies Buyer and the Property against, any supplemental taxes assessed pursuant to the Code, to the extent that such taxes relate to events (including, without limitation, any changes in ownership and/or new construction) occurring prior to the Close of Escrow. C. Matters affecting the Approved Condition of Title created by or with the written consent of Buyer. d. Exceptions which are disclosed by the Report described in Paragraph 8a(1) hereof and which are approved or deemed approved by Buyer in accordance with Paragraph 8a(1) hereof. Seller covenants and agrees that during the term of this Escrow, Seller will not cause or permit title to the Property to differ from the Approved Condition of Title described in this Paragraph 6. Any liens, encumbrances, easements, restrictions, conditions, covenants, rights, rights-of-way, or other matters affecting the Approved Condition of Title which may appear of record or be revealed after the date of the Report described in Paragraph 8a(1) below, shall also be subject to Buyer's approval and must be eliminated or ameliorated to Buyer's satisfaction by Seller prior to the Close of Escrow as a condition to the Close of Escrow for Buyer's benefit. Buyer hereby objects to all liens evidencing monetary encumbrances affecting the Property (other than liens for non- delinquent property taxes) and Seller agrees to cause all such liens to be eliminated at Seller's sole cost and expense prior to the Closing Date. VC Seller's Initials Buyer's Initials 16-5145/133385 2/PD Page 3 of 12 7. Title Policy. Title shall be evidenced by the willingness of the Title Company to issue its CLTA Standard Form Policy or Binder of Title Insurance ("Title Policy") in the amount of the Purchase Price showing title to the Property vested in Buyer subject only to the Approved Condition of Title. 8. Conditions to Close of Escrow. a. Conditions to Buyer's Obligations. The Close of Escrow and Buyer's obligation to consummate the transaction contemplated by this Agreement are subject to the satisfaction of the following conditions for Buyer's benefit on or prior to the dates designated below for the satisfaction of such conditions: (1) Preliminary Title Report and Exceptions. Immediately after escrow is opened as provided herein, City agrees to cause Commonwealth Title Company to issue a Preliminary Title Report relating to the Property. Within fifteen (15) days after escrow has been opened, the City will cause Commonwealth Title Company to issue an Amendment to Escrow Instructions, which indicates those title exceptions that the City will accept. Seller will have ten (10) days after receipt of such amendment to review and approve it. In the event of non-approval, escrow will fail and each party will instruct Commonwealth Title Company to cancel the escrow. (2) Representations, Warranties, and Covenants of Seller. Seller shall have duly performed each and every agreement to be performed by Seller hereunder and Seller's representations, warranties, and covenants set forth in Paragraph 14 shall be true and correct as of the Closing Date. (3) No Material Changes. At the Closing Date, there shall have been no material adverse changes in the physical or financial condition of the Property and there shall have been no material adverse change in the financial condition of Seller or any general partners of Seller. (4) Inspections and Studies. On or before thirty (30) days after Opening Date ("Due Diligence Period"), Buyer shall have approved the results of any and all inspections, investigations, tests and studies (including, without limitation, investigations with regard to governmental regulations, engineering tests, soil and structure investigation and analysis, seismic and geologic reports) with respect to the Property (including all structural and mechanical systems and leased areas) as Buyer may elect to make or obtain. The failure of Buyer to disapprove said results on or prior to the expiration of the Due Diligence Period shall be deemed to constitute Buyer's approval of the results. The cost of any such inspections, tests and studies shall be borne by Buyer. During the term of this Escrow, Buyer, Seller's Initials Buyer's nitials 16-5145/133385 2/PD Page 4 of 12 its agents, contractors and subcontractors shall have the right to enter upon the Property, at reasonable times during ordinary business hours, to make any and all inspections and tests as may be necessary or desirable in Buyer's sole judgment and discretion. Buyer shall use care and consideration in connection with any of its inspections. Buyer shall indemnify and hold Seller and the Property harmless from any and all damage arising out of, or resulting from the negligence of Buyer, its agents, contractors and/or subcontractors in connection with such entry and/or activities upon the Property. (5) Council Approval. The completion of this transaction, and the escrow created hereby, is contingent upon the specific acceptance and approval of the Buyer by action of the Buyer's City Council. b. Conditions to Sellers Obli ag tion. For the benefit of Seller, the Close of Escrow shall be conditioned upon the occurrence and/or satisfaction of each of the following conditions (or Seller's waiver thereof, it being agreed that Seller may waive any or all of such conditions): (1) Buyer's Obligations. Buyer shall have timely performed all of the obligations required by the terms of this Agreement to be performed by Buyer, and (2) Buyer's Representations. All representations and warranties made by Buyer to Seller in this Agreement shall be true and correct as of the Close of Escrow. 9. Deposits by Seller. At least one (1) business day prior to the Close of Escrow, Seller shall deposit or cause to be deposited with Escrow Holder the following documents and instruments: a. Seller's Certificate Federal. A Certificate of Nonforeign Status (Seller's Certificate). b. California Withholding Exemption Certificate. A California Withholding Exemption Certificate (or in the event the Seller is a non-California resident, a certificate issued by the California Franchise Tax Board) pursuant to the Revenue and Taxation Code Sections 18805 and 26131, as may be amended, stating either the dollar amount of withholding required from Seller's proceeds or that Seller is exempt from such withholding requirement. C. Grant Deed. The Grant Deed conveying the Property to Buyer duly executed by Seller, acknowledged and in recordable form. 1�7C / Sellers Initials Buyers nitials 16-5145/133385 2/PD Page 5of12 10. Deposits by Bum. Buyer shall deposit, or cause to be deposited with Escrow Holder, the funds which are to be applied toward the payment of the Purchase Price in the amounts and at the times designated in Paragraph 4 above (as reduced or increased by the prorations, debits and credits hereinafter provided). 11. Costs and Expenses. The cost and expense of the Title Policy attributable to CLTA coverage shall be paid by Buyer. The escrow fee of Escrow Holder shall be paid by Buyer. Buyer shall pay all documentary transfer taxes, if any, payable in connection with the recordation of the Grant Deed. The amount of such transfer taxes shall not be posted on the Grant Deed, but shall be supplied by separate affidavit. Buyer shall pay the Escrow Holder's customary charges to Buyer and Seller for document drafting, recording, and miscellaneous charges. If, as a result of no fault of Buyer or Seller, Escrow fails to close, Buyer shall pay all of Escrow Holder's fees and charges. Penalties for prepayment of bona fide obligations secured by any existing deed of trust or mortgage shall be waived pursuant to Civil Code Procedures Section 1265.240. 12. Prorations. The following prorations shall be made between Seller and Buyer on the Closing Date, computed as of the Closing Date: a. Taxes. Real and personal property taxes and assessments on the Property shall be prorated on the basis that Seller is responsible for (i) all such taxes for the fiscal year of the applicable taxing authorities occurring prior to the "Current Tax Period," and (ii) that portion of such taxes for the Current Tax Period determined on the basis of the number of days which have elapsed from the first day of the Current Tax Period to the Closing Date, inclusive, whether or not the same shall be payable prior to the Closing Date. The phrase "Current Tax Period" refers to the fiscal year of the applicable taxing authority in which the Closing Date occurs. In the event that as of the Closing Date the actual tax bills for the year or years in question are not available, and the amount of taxes to be prorated as aforesaid cannot be ascertained, then rates and assessed valuation of the previous year, with known changes, shall be used, and when the actual amount of taxes and assessments for the year or years in question shall be determinable, then such taxes and assessments will be reprorated between the parties to reflect the actual amount of such taxes and assessments. b. No Rental Pro-rations. The Escrow Holder is hereby instructed not to perform any rental pro-rations at the Close of Escrow. 13. Disbursements and Other Actions by Escrow Holder. Upon the Close of Escrow, the Escrow holder shall promptly undertake all of the following in the manner indicated: a. Prorations. Prorate all matters referenced herein, based upon the statement delivered into Escrow signed by the parties. Seller's Initials Buyer' nitials 16-5145/133385 2/PD Page 6 of 12 b. Recording. Cause the Grant Deed and any other documents, which the parties hereto may mutually direct, to be recorded in the Official Records of Orange County, California, in the order set forth in this subparagraph. Escrow Holder is instructed not to affix the amount of documentary transfer tax on the face of the Deed, but to supply same by separate affidavit. C. Funds. Disburse from funds deposited by Buyer with Escrow Holder toward payment of all items chargeable to the account of Buyer, pursuant thereto in payment of such costs, and disburse the balance of such funds, if any, to Buyer. d. Documents to Buy. Deliver the Seller's Certificate and Bill of Sale, executed by Seller, and, when issued, the Title Policy to Buyer. e. Pay demands of existing lienholders. Escrow Holder is hereby authorized and instructed to cause the reconveyance, or partial reconveyance, as the case may be, of any such monetary exceptions to Buyer's title to the Property at or prior to the Close of Escrow. 14. Seller's Representations and Warranties. In consideration of Buyer entering into this Agreement, and as an inducement to Buyer to purchase the Property, Seller makes the following representations and warranties, each of which is material and is being relied upon by Buyer (and the continued truth and accuracy of which shall constitute a condition precedent to Buyer's obligations hereunder): a. Authorization. This Agreement has been duly and validly authorized, executed and delivered by Seller, and no other action is requisite to the execution and delivery of this Agreement by Seller. b. Threatened Actions. There are no actions, suits or proceedings pending against, or, to the best of Seller's knowledge, threatened or affecting the Property in law or equity. C. Third Party Consents. No consents or waivers of, or by, any third party are necessary to permit the consummation by Seller of the transactions contemplated pursuant to this Agreement. d. Condemnation. There are no pending, or, to the best of Seller's knowledge, threatened proceedings in eminent domain or otherwise, which would affect the Property or any portion thereof. e. Agreements. There are no agreements (whether oral or written) affecting or relating to the right of any party with respect to the possession of the Property, or any portion thereof, which are obligations which will affect the Property or any portion thereof subsequent to the recordation of the Grant Deed, except as may be P-/ =i_l Seller's Initials Buyer's Initials 16-5145/133385 2/PD Page 7 of 12 reflected in the Condition of Title, which shall have been approved by Buyer pursuant to the terms of this Agreement. f. Documents. To the best of Seller's knowledge, all documents delivered to Buyer and Escrow Holder pursuant to this Agreement are true and correct copies of originals, and any and all information supplied to Buyer by Seller is true and accurate. g. Licensed Permits. To the best of Seller's knowledge, Seller has acquired all licenses, permits, easements, rights-of-way, including without limitation, all building and occupancy permits from any governmental authority having jurisdiction. h. Waste Disposal. No portion of the Property has ever been used by Seller as a waste storage or disposal site, and Seller is not aware of any such prior uses. 15. Buyer's Representations and Warranties. In consideration of Seller entering into this Agreement, and as an inducement to Seller to sell the Property to Buyer, Buyer makes the following representations and warranties, each of which is material and is being relied upon by Seller (the continued truth and accuracy of which shall constitute a condition precedent to Seller's obligations hereunder): a. This Agreement and all documents executed by Buyer under this Agreement which are to be delivered to Seller are, or at the time of Close of Escrow will be, duly authorized, executed, and delivered by Buyer, and are, or at the Close of Escrow will be legal, valid, and binding obligations of Buyer, and do not, and at the Close of Escrow will not violate any provisions of any agreement or judicial order to which Buyer is a party or to which it is subject. b. The representations and warranties of Buyer set forth in this Agreement shall be true on and as of the Close of Escrow as if those representations and warranties were made on and as of such time. C. Improvement and Maintenance of the Property. Buyer expressly assumes all obligations for improvements on the Property and for maintenance of the Property. 16. Damage or Condemnation Prior to Closing. Seller shall promptly notify Buyer of any knowledge by Seller of casualty to the Property or any condemnation proceeding commenced prior to the Close of Escrow. If any such damage or proceeding relates to, or may result in, the loss of any material portion of the Property, Seller or Buyer may, at their option, elect either to: Seller's Initials Buyer's Initials 16-5145/133385 2/PD Page 8 of 12 (a) terminate this Agreement, in which event all funds deposited into Escrow by Buyer shall be returned to Buyer and neither party shall have any further rights or obligations hereunder, or (b) continue the Agreement in effect, in which event upon the Close of Escrow Buyer shall be entitled to any compensation, awards, or other payments or relief resulting from such casualty or condemnation proceeding. 17. Notices. All notices or other communications required or permitted hereunder shall be in writing, and shall be personally delivered or sent by registered or certified mail, postage prepaid, return receipt requested, telegraphed, delivered, or sent by telex, telecopy, or cable, and shall be deemed received upon the earlier of (a) if personally delivered, the date of delivery to the address of the person to receive such notice, (b) if mailed, four business days after the date of posting by the United States post office, (c) if given by telegraph or cable, when delivered to the telegraph company with charges prepaid, or (d) if given by telex or facsimile, when sent. Any notice, request, demand, direction, or other communication sent by cable, telex, or facsimile must be confirmed within 48 hours by letter mailed or delivered in accordance with the foregoing. The Buyer's mailing address is: City of Huntington Beach Office of Business Development Attn: Kellee Fritzal 2000 Main Street, P.O. Box 190 Huntington Beach, CA 92648 The Seller's mailing Peter Chamie address is: P. O. Box 2603 Malibu, CA 90265 Notice of change of address shall be given by written notice in the manner detailed in this paragraph. Rejection or other refusal to accept, or the inability to deliver because of changed address of which no notice was given, shall be deemed to constitute receipt of the notice, demand, request, or communication sent. 18. Legal Fees. In the event suit is brought by either party to construe, interpret and/or enforce the terms and/or provisions of this Agreement or to secure the performance hereof, each party shall bear its own attorney's fees, such that the prevailing party shall not be entitled to recover its attorney's fees from the non-prevailing party. 19. Assignment. Seller may not assign, transfer or convey its rights or obligations under this Agreement without the prior written consent of Buyer, and then only if Seller's assignee / — ��P(4 Seller's Initials Buyer's Ynitials 16-5145/133385 2/PD Page 9 of 12 assumes in writing all of Seller's obligations hereunder; provided, however, Seller shall in no event be released from its obligations hereunder by reason of such assignment. 20. Brokerage Commissions. Seller represents to Buyer that there has been no broker, real estate agent, finder or similar entity engaged in connection with this Agreement or the sale of the Property from the Seller to Buyer, if consummated as contemplated hereby, except N/A ("Broker"), whom Seller agrees to compensate outside escrow pursuant to a separate agreement between Seller and Broker. Seller agrees that should any claim be made for brokerage commissions or finder's fees by any broker, agent, finder or similar entity, by, through or on account of any acts of Seller or its agent, employees or representatives, Seller will indemnify, defend and hold the Buyer free and harmless from and against any and all loss, liability, cost, damage and expense (including attorneys' fees and court costs) in connection therewith. Seller agrees to pay, at its sole cost and expense, when due, any and all brokerage commissions incurred by Seller heretofore or hereafter incurred prior to close of escrow. 21. Miscellaneous. a. Survival of Covenants. The covenants, representations and warranties of both Buyer and Seller set forth in this Agreement shall survive the recordation of the Grant Deed and the Close of Escrow. b. Time of Essence. Time is of the essence of each and every term, condition, obligation, and provision hereof. C. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, but all of which, together, shall constitute one and the same instrument. d. Captions. Any captions to, or headings of, the paragraphs or subparagraphs of this Agreement are solely for the convenience of the parties hereto, are not a part of this Agreement, and shall not be used for the interpretation or determination of the validity of this Agreement or any provision hereof. e. No Obligations to Third Parties. Except as otherwise expressly provided herein, the execution and delivery of this Agreement shall not be deemed to confer any rights upon, nor obligate any of the parties hereto, to any person or entity other than the parties hereto. f. Exhibits and Schedules. The Exhibits and Schedules attached hereto are hereby incorporated herein by this reference. PC. / Seller's Initials Buyer's Initials 16-5145/133385 2/PD Page 10 of 12 g. Amendment to this Agreement. The terms of this Agreement may not be modified or amended except by an.instrument in writing executed by each of the parties hereto. h. Waiver. The waiver or failure to enforce any provision of this Agreement shall not operate as a waiver of any future breach of any such provision or any other provision hereof. i. Applicable Law. This Agreement shall be governed by and construed in accordance with the.lays of the State of California. j. Fees and Other Expenses. Except as otherwise provided herein, each of the parties shall pay its oven fees and expenses in connection with this Agreement. k. Entire Agreement. This Agreement supersedes any prior agreements, negotiations, and communications, oral or written, and contains the entire agreement between Buyer and Seller as to the subject matter hereof No subsequent agreement, representation, or promise made by either party hereto, or by or to an employee, officer, agent or representative of either party shall be of any effect unless it is in writing and executed by the party to be bound thereby. 1. Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the successors and assigns of the parties hereto. PC. \ Seller's Initials Buyer's lnitiahs 1 G-51451133385 2fPD Page 11 of 12 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. DATED: Seller: Peter Chamie, Successor Trustee of the Denise Chamie Trust, dated August 14, 1970, as to a undivided 1/4 interest, Peter Chamie, as Successor Trustee of the Peter Chamie Trust, dated August 14, 1970, as to a undivided 1/4 interest and Peter Chamie as Successor Trustee of the Alfred P. Chamie and Elizabeth Chamie Revocable Trust, dated August 14, 1970, as to a undivided '/2 interest DATED: 1 Buyer: Y OF HUNTINGTON BEACH n fo ' municip corpo ti Mayor Q City derk APPROVED A ORM: REVIE D APPROVED: ZTIAI orney City a ag r ED AND APPROVED: d Deputy Direct fBusiness Development PC Seller's Initials Buyer's In gals 16-5145/133385 2/PD Page 12 of 12 EXHIBIT "A" LEGAL DESCRIPTION RIGHT-OF-WAY ACQUISITION EDINGER AVENUE LOTS 14 & 15 OF TRACT NO. 417 That certain parcel of land situated in the City of Huntington Beach, County of Orange, State of California, being those portions of Lots 14 and 15 of Tract No. 417 as shown on a map filed in Book 16, Page 47 of Miscellaneous Maps in the Office of the County Recorder of said Orange County,described as follows: COMMENCING at the northeasterly corner of Parcel Map No 2013-113 as shown on a map filed in Book 382, Pages 48 through 50 inclusive,of Parcel Maps in said Office of the County Recorder of Orange County; thence along the easterly prolongation of the northerly line of said Parcel Map No. 2013-113, also being the southerly right-of-way of Edinger Avenue as described in those certain deeds to the City of Huntington Beach recorded September 5, 1963 in Book 6705, Page 187 and March 3, 1965 in Book 7432, Page 589, both of Official Records in said Office of the County Recorder of Orange County, South 89°32'34" East 150.00 feet to the westerly line of that certain Easement Deed to the City of Huntington Beach recorded July 3, 1990 as Instrument No. 90-350907 of Official Records in said Office of the County Recorder of Orange County; thence along said westerly line South 00°27'26" West 0.14 feet to the TRUE POINT OF BEGINNING: thence continuing South 00°27'26" West 6.86 feet to a line parallel with said southerly right-of- way of Edinger Avenue; thence along said parallel line South 89°32'34" East 53.92 feet to the southerly line of said Easement Deed Instrument No. 90-350907,O.R., said point being a point of cusp with a curve concave northerly and having a radius of 130.32 feet, a radial line of said curve from said point bears North 00°27'26" East; thence along said southerly line through the following courses: along said curve westerly 30.27 feet through a central angle of 13°18'32" to a point of reverse curvature with a curve concave southerly and having a radius of 130.32 feet, a radial line of said curve from said point bears South 13°45'58" West; thence along said curve westerly 24.19 feet through central angle of 10°38'05" to the TRUE POINT OF BEGINNING. CONTAINING: 168 Square Feet. EXHIBIT "B"attached and by this reference made a part hereof. p LAND SU N0. �o-,F 6673 William G. Cox, L.S. 6673 Date Sl�rFOF CAL\F� \P Page 1 of 1 C/L PARKSIDE LANE (N89-32'34"W)R1 C/L EDINGER AVENUE — (255.09' )R1 N'LY LINE TRACT NO. 417 o M.M. 16/47 0 of SEE DETAIL BELOW CD D P.D.C. — CD CD — RIGHT-OF-WAY PER NE'LY CORNER I Cl CDN BOOK 7432/595 O.R. P.M. N0. 2013-113 L1 C2 Cl } T.P.O.B. RIGHT-OF-WAY PER u I INST. NO. 90-350907, O.R. Cl w z 1 I rR-A/ cr NO. 417 N1.N1. ] 6/47 CD � Cif Q �� 0 m CURVE DATA TABLE Cif w CD Co �� NO. DELTA RADIUS LENGTH N z - Cl. 13°18'32" 130.32' 30.27' w w C2 10°38'05" 130.32' 24. 19' I N LINE DATA TABLE NO. BEARING LENGTH L1 N89°32'34"W 150,00' L2 S00°27'26"W 7.00' P.D.C. I RIGHT-OF-WAY PER d INST. NO. 90-350907, O.R. NE'LY CORNER I P.M. N0. N13°45'58"E L1 (RAD)P.R.C. \ •4.� - - - - - - 2013-113 - — — — — — — — — _ IVY T.P.O.B C2 \ ti�Po� 5� E °p'I C 1 Np��IR�o1 S89°32'34"E 53.92' LOT I LOT ] 5 LOT ] A EXHIBIT "B" DETAIL SIETCHTOACCOMPMYA LEGEND NOT TO SCALE LEGAL DESCRIPTION FOR RIGHT-OF-WAY ACQUISITION RIGHT-OF-WAY TAKE AREA EDINGER AVENUE ( )R1 DENOTES RECORD DATA PER LOTS 14&15 OF TRACT NO.417 PARCEL MAP NO. 2013-113, SHEET I OF I SHEET CONTAINING:168 SQUARE FEET P.M.B. 382/48-50 DECEMBER 1, 2015 JN 149161 City of Huntington Beach 2/6/2017 EDINGER AVENUE WIDENING PROJECT Project Overview EMI r-R AVBNVE- • - ET1511NG - 1 �• 7 � 1 flit C top ' a�• � `Vl 1. - �r.� �' i f \--'__. Project extends the current right turn lane from eastbound Edinger Avenue to southbound Beach Boulevard Will assist traffic flow and relieve the bottleneck for the right turn Part of the mitigation program for the Beach Edinger Corridor Specific Plan Funding Source: Traffic Impact Fee Construction bids opened on 2/2/17 City Council will be asked to award a Construction Contract on 2/21 /17 Current Acquisition Easement acquisition on Arby's Site Final acquisition for Project Purchase Price : $ 15 , 200 ($79/sf) 2/14/2017 L� # 'K City of Huntington Beach 2/6/2017 EDINGER AVENUE WIDENING PROJECT Project Overview IV o Right turn lane from eastbound EdingerAve. to southbound Beach Blvd. o Funding Source: Traffic Impact Fee o Construction bids opened on 2/2/17 o City Council award of Construction Contract on 2/21/17 1 2/14/2017 Current Acquisition o Easement acquisition on Arby's Site o Final acquisition for Project o Purchase Price: $15,200 ($79/sf) o Requires a film permit for any commercial or professional filming that is taken on public property- . 2