HomeMy WebLinkAboutAGENDA REPORT 1999 0915 CC REG ITEM 11Ha
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CITY OF ATOORPARK, CALIFORNU
City Council I1lecting
of
ACTION:
CITY OF MOORPARK
AGENDA REPORT
TO: The Honorable City Council
FROM: Dirk Lovett, Assistant City Engineer
(Prepared by: Jim Colton, Associate Civil
Engineer)
DATE: August 27, 1999(CC Meeting of September 15, 1999)
SUBJECT: Consider releasing Conejo Freeway Properties,
Ltd., and Simi Moorpark Freeway Properties, Ltd.
from recorded Improvement Agreement (No. 92-
090631).
BACKGROUND
On May 12, 1992 an improvement agreement was entered into
between Conejo Freeway Properties, Ltd., Simi Moorpark
Freeway Properties, Ltd and the City of Moorpark
(attached). The agreement was put in place for the
construction of improvements for a portion of the Carlsberg
Specific Plan, which includes that portion of land shown in
Exhibit "A" in the attached agreement. Improvements
involved grading, utility, street, drainage, lighting and
other improvements as shown on improvement plan drawings
92 -ML -10464 and 92 -ML- 10465. The improvements included the
Mesa Verde School site, Peach Hill Road from Mesa Verde
School easterly to Science Drive, along with the rough
grading of a portion of Science Drive. These improvements
were necessary at that time prior to the construction of
Tracts 4973 and 4974, to facilitate the school's opening.
DISCUSSION
City Staff has inspected all work as shown on the As -Built
improvement plans associated with this agreement. All
improvements along with all punch list repair items have
been completed and all bonds have been released for the
subject work. The developer has offered for dedication
those parcels of land described as and intended for
000309
Honorable City Council
Improvement Agreement
August 27, 1999
Page 2 of 2
streets, highways and other public uses. The developer has
met all conditions of the agreement and requests that they
be released from their obligations under this agreement at
this time.
Attached for your approval is the City Standard "Release of
Covenant and Agreement ".
RECODONDATION
Authorize the Mayor to execute and record the attached
"Release of Covenant and Agreement" releasing Conejo
Freeway Properties, Ltd., and Simi Moorpark Freeway
Properties, Ltd. from agreement No. 92- 090631.
Cc: Project File
Chron
[Agn Rpt LA ave Bond 040699]
0003 t'0
RECORDING REQUESTED BY AND
WHEN RECORDED RETURN TO:
City Clerk
City of Moorpark
766 Moorpark Avenue
Moorpark, CA 93021
RELEASE OF COVENANT AND AGREEMENT
KNOW ALL MEN BY THESE PRESENTS:
THAT CERTAIN COVENANT AND AGREEMENT (entitled "CITY OF MOORPARK
IMPROVEMENT AGREEMENT')
BY AND BETWEEN
Conejo Freeway Properties, Ltd. And Simi Moorpark Freeway Properties, Ltd.
( "Developer ") and the City of Moorpark, a municipal corporation ( "City "), which
Recorded May 22, 1992 as Instrument No. 92- 090631, of Official records, County of
Ventura, California, affecting certain real property described therein, is hereby released
and terminated.
CITY OF MOORPARK, CA
IM
[release of agreement]
Mayor: City of Moorpark
00037 1
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9 .2- 090631 A. R.
.UO
Recording Requested by :cecordey
and Return to: ')tticlal Records .
City Clerk County of
City of Moorpark Ventura
749 Moorpark Ave. Tfcld RD. Dean
Rerecorder
r
Hoorpark, California 93021 '3:02am 22- May -92 ;
MOOR CR 48
CITY OF MOORPANIK
IMPROVEXENT AGRZEX]21I'
This Improvement Agreement (here a ter "Agreement "), sade
and entered into this /a day of , 19S Z, by and
between Conejo Freeway Proportion, Ltd., Conejo ") and Simi
Xoorpark Freeway Properties, Ltd. ("Simi"), the parties of the
first part (hereinafter collectively referred to as "L,eveloper "),
and City of Moorpark, a msnicipal corporation of the State of
California. the party of the second part (hereinafter referred to
as "City ").,
WHEREAS, Developer is the owner of, and has prepared
Improvement Plans, tss •3ucet1.tad in Paragraph 2 hereof, for, a
portion of tho Carlstarg SPOlific Plan Araa in the city, which
land includes that porticv% of land described in Etihibit "A"
sttached hereto (" Improvement Area "); and
WHEREAS, as a condition precedent to the approval by City of
'the Improvement Platte, Dnvaloper is required to irrevacably offer
for dftdication thoso pr.rcel.s of land, as described in Exhibit
"A ", intended for atroets, highways and other pLblic use; and
WHEREAS, ns a condition precedent to the acceptance of said
parcele of land by City, Developer is required to construct the
improvements shown on the Improvement Plans; and
WHEREAS, the total cost of s -.id improvaments is estimated by
the City Engineer to be approximately $1.317,065 and
WHLREAS, Developer desires to obtain a grading permit and,
as is required by Condition 6 of the Conditions of Grading Permit
Issuance, attached hereto as Exhibit "B ", has agreed to enter
into this Agreement; and
WHEREAS, the herein referenced Exhibits A and B shall be
recorded as part of this Agreement.
NOW, THEREFORZ, in consideration of the issuance of a
grading permit to Developer by City, it is agreed by and between
the parties hereto as frllows:
lie - (k,
000
Gull!
I . IF.BL- VOCAAT r o�OF' ZZ CATION
ConcurrAntlY w: t'e execution of this Agr-aement,
Developer shall r.):ecutu the attached Exhibit "C ", an irrevocablr�
offer of dedication to Clt� 01 easenents over the therein
described parcels o! lan4 inr st.eets, highways and other. public
11086. City shall bs r. notified, in �nJting, of a.ny in
change
ownRsF,ip of any the portion of the property irrevocably offered
for dedication »i thin 14 days prior to t
said property. transfer Bala or traster of
Concurrently wl.th the execution nt' this Agresaent :, Developer
shall also execute the attacned Ex-M bit "I► ", a subo
agreament in favor of City' for all of the pruperty.rdination
rdinaoeably
offered for dedication tc City.
2. ..r'QH6TP'Js j'ION CF :1!FF :OVT=TA
Developer, at its solo coat and expense, shall construct the
street, ementsge, utreet lliht"g system anti other i�- provements
( "Improveae:,ts�) shown on th* Itproveaant Plan Drawings Nuntlered
92-ML-10464 and 91 -HL -10465 (" Improvement Plans ,,), a copy of
Of the City En of City
which is now on file in the office gineer
and which, by this reference, is incorporated herein as though
eat forth in full. Prior•to the cormenceaent of any work under
this Agreement, Developer shall pay for such porrits and
insDsction6 a■ may be required by city,
All iraprovenents shall be constructor! in accordance with the
Improvement Plans, as finally approved by the City Engineer, all
applicable City standards and reg-ulations, as determined by the
City Engineer, all accepted construction practices, as deteMinad
by the City Engineer, and I'xhibit "s ". It no City standard or
regulation eJciats for Grny regAirad item of the Improve•3ants, such
Item chill be designed and constructed eonsistant vit,h the
standard determined b; the City Engineer.
Developer warrantu thtt the Improvement Plane, as originally
submitted by Developer, accomplish the work cowered by this
Agreament and accurately depict the proposed loccticn of natural.
gas, domestic water, Sanitary sewer, electricity, street
lighting, ;telephone, cAble television and other systems that brill
serve the Improvement Arta. Ho
that the parties eontemplat s
that ceituin corrections and revisions to the originally
submitted Improvement Plar.s may be necessary to comply with said
City standards and regulations, said accepted construction
practices, and Exhibit "a ". Developer shall complcte any such
corrections and revisions prior to final approval of thu Icprove-
ment Plans by the City En7inaer and shall conforn all previously
performed work to tht finally approved Improvement Plans.
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00031 -0
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Should the finally approved Improvement Plans prove to be
inadequate to the City in any respect at any time prinr to the
,expiration of the guarantee period for any such Improvls.ant.s,
than the Developer shall make such changes as are necessary to
ensure, to the scatimfac:tio•.i :�f the City En ;inear, that such
Improvements arb constructed in accorrdanc:n with said City
standards and regulations, said accepted constrsction practices,
and Exhibit "B ".
4. S=,ry uQI?Jpg
Prior to the cemmsncanant of any work under this Agreetnnt,
Developer shall furnish to City valid and sufficient bonds,
axecuted by a corporation authorized to transact business in the
Statq of California on forts approved by City and with Developer
as principal, for the completion and maintenance of the
Improvements in zccordance with this Agreement. The bonds shall
be in conformance with the requirements of City Enginoesing
Condition No. 43 of Exhibit B. Should any bond amount becom^
insufficient in the opinion of City, Developer shall renew said
bond in an amount satisfactory to City within tan (10) days aftsu-
receiving written tjotice from City, which notice can be given at
any tisa by City. Without notice, each bond shall be renewed on
a yearly basis and shall be increased an amount equivalent to the
Consumer Price Index -- All Urban Consumers -- Greater Los
Angeles Aran for the twelve (12) months that and three (3) sronths
prior to the month in which the bond is renewed. All of the
obligations of Developer under this*Ag-rae"nt uhall be vset to the
satisfaction of City prior to release of all of the bonds. All
premiums and costs related to provision of the bonds required by
this Agraanent shall be the responsibility of Developer.
Developer shall com2lete the Improvements no later than (i)
eightcan (13) nor,tho fron the City Council's approval of this
Agreement or (ii) the opening of the school planned for that
portion of Developer "s property located between Science Drive and
the property owned by the Catholic Church, whichever date occurs
f irst:.
The City Engine•ir or his duly authorized ropresert,.ative,
upon request of Developer, shall inspect the Improvements. As
each of the Improvements is deterained to have been eonstruetod
in aeeoxciance vith the provisions of this a.greuaisnt, the City
Engineer shall recotam4ind that City accept the final inspection
report for that Improvement.
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0003"1 .1
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Developer agrees to pay for all inspection uervican
P*Vform4d on behalf of Pity and for the consulting soil■ engineer
hires by City for the Improvement Arta. Developer agrees that no
final inspection will be made by the City Engineer until City
receives full payment !;r all related City inspection services
and consulting ,soils #&ngineer't services.
7. Ulu— TS2...EaU2it'`=
Tit).* to, and ownership of, the easements irrevocably
offered for dedication to City by Developer, as described in
Paragraph 1 hereof, shill vest absolutely in City upon acceptance
of such easaments by City. Acceptance of said irrevocable offer
of dedication shall not be dented acceptance of the easements.
.. .11 �... .r • I�.:�.Y
Notwithstanding that City may hava acc4pt(id, pursuant to
Paragraph 6 herso'. , tin final inspection report or, puruua.. t t �
Paragraph 7 her-sot, the e.s:semetlts upon which the Zrprovement.s acre
located, Developer. at it r sole 1:ost and expense, shall naint,sin
orch of the laprove.ments lociited on any of t))e parcels of ?&.nd
described in Exhibit "C'' in a condition satisfactory to City,
until such time a.s City notifies Developer in writing that dt has
accepted uaintenanco rouponuibility.
At all times until t,ccaptance by City of said maintenance
responsibility, Developer. shall take all 6uch preeautioni{ in may
be necessary to protect all mamberu of the public who use said
Improvements and the piirsor..s and property of All of those people
who own or occupy land that abuts said Improvernn *_s. Developer
shall hava control of the parcels of land described in Exhibit
"C" as is necessary to carry out the provisions of this
paragrapn.
Developer shall quarrintes against defective labor and mater -
i;sls each of the Improvamen.ts not subject to maintenance by City
for a period of one year following acceptance by City of the
fin.sl inspection report pursuant to Paragraph 6 hereof and each
of the Improvements subject to maintenance by City for a period
of one year following acceptance by City of maintenance respon-
sibility pursuant to Paragraph 8 hereof. In the event any such
Improvaments are dateriined to be defective within the tine
provided herein, Developer shall repair, replace or reconstruct
the defect without delay and without any cost or expense to City
and shall pay all City zostu for inspection and administration
related to this requirerer.t within thirty (30) days after receipt
Of City's invoice. Should Developer fail to act promptly or iu
accordance with the requirements of this paragraph, or should. the
exigencies of the Situation require that repair, replacement or
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0003 ;5
13113
reconstruction work be performed before Developer can be
notified, City may, at its option, make or caused to be made the
necessary repair, replacement or reconstruction. Developer and
its surety &hall be obligated to pay City for the actual cost of
such work together with the cost of the time incurred by the City
Engineer, City Attorney, Public Works Director and other City
staff in connection therewith plus fifteen percent (15%) of all
such costs.
10. DRAW12!GS
Developer shall keep accurate records on a set of blue liners
prints of all additions to, and deletions from, the work and of
all changes in location, elevation and character of the work, not
otherwise shoim or noted on the finally approved Improvement
Plans. Prior to City': final inspection of the Improvements,
Developer shall transfnr this information to a final set of "r.:
bAiilts" and deliver then to the City Engineer for approval and
retention.
11. =ZU_ ARRAHQP2fENTS
Prior to commencement of ary work under t:iis Agreement,
Developer shall fil•c with the City Engineer a written statersnt
signed by r-eveloper and each public utility serving the
Improvement Area, stating that Developer has made all.
arrang"ents required and n�icessary to provide t11e public utility
service to the Ivproven,4:1t Area. ' ?or pui;porses of this. paragraph,
the term "Public utility' shall includm, but not neeessari.ly be
lin.lted to, a company providing natural gas, water, never,
electricity, tylephonu, or cable television service.
12- M RzE+K*'►+T_QE 1 -IONS COSTS
In this event that Developer fails to perform any obligations
heraiLnder, Deveeloper agree i to pay all costs and expanses
incurred by City in securing performance of much obligationx, in
addition to cost of suit and reasonable attorney's fees as
provided by Paragraph 23.F. hereof.
.1• . •. •: . Y �i y
All provisions of this Agreement shall run with the lar.d and
shall bo bindinq on the parties and their executors,
administrators, ar,sicTns t%nd successors in interest.
i •��s.••a• •i a.Y .• e
Neither Develops_ nor any of Developer's officers, agents,
servants or employees are or shall be considered to Lv agents of
City in connection with tha performance of Developer's
obligations under this .Agreement.
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0003 TG
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Developer shall defend with legal counsel selected by City,.
indemnify and hold harmless the City and its officers, agents,
servants and employees from any loss, claim or cause of action
for injury, including death, to any person whomsoever and for
damage to any p :roperty whatsoever resulting from, or connected
with, "a performance c' th :.s Agreement, whether such performance
be by Developer or any of itu officers, agents, servants or
employees or by one or more persons directly or indirectly
employed by, or acting in concert with, any of Devulo ?er's agatlts
or servants.
City does not, and shall not ba cl,enmed to, waive any rights
against Developer which it may have by r•sason of -this parogra;h
because of•tye acceptance by City, or the deposit with City Sly
Developer, of any of the insurance policies deSC171bed in
Paragraph 16 hereof.
Tl:e provisions of this paragraph shall apF�ly to all injtiuiss
and dnsu�yaa of e,vokry kind suffered, or alleged to have been
suffered, by reason of the aforesaid performance of this
Agreement, regardless of whether or not City or any or its
officers, employees, servants or agents has preparod, supplied or
approved of the Improvement Plaris cr inspected the Improvements
and regardless of whether or not ary of tr,e insurance policies
described in Paragraph 16 hereof shall have beer deterrined to be
applicable to any of suc'�_injuries or dauages.
Prior to the com;aencerr,nt of any work under this Agreeasent,
Developer shall have obtained the following insurance coverage
and insurance cer-ti:icdtes reflec`_ing coverages, approved by City
as to form, amount and carrier. Each policy shall include an
�sndorsaaent na2irg the City and its officers and employees and
the City Engineer sand City Attorney as additional insureds.
Developer shell also concurrently furnish the City satisfactory
evidence that er,eh carrier will notify City in writing, at leant
30 days prior to any policy cancellation or coverage reduction.
a. Gfneral (Public) Liability not less than the following
mounts:
$1,000,000 bodily injury, including wrongful death -
each person; $5,J00,000 bodily injury - aggregate;
$500,000 property damage - each occurrence; 51,000,000
property damage - aggregate.
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00030 4
L'- Auto (Comprehensive) Liability not less than the
following anounta:
.f
$11000,000 bodi).y injury, including wrongful death -
aach person; $S,U00,000 bodily injury - aggregate;
$200, 000 profert'( damage - each occurrence; S5,000,00()
property damage - aggregate.
C. Workers' COuNr.an':ion Insurance+ as required by law.
Insurance cotr'u*d i i,r. t1 -L ainia,ux amounts gat forth herein
shall rot be construed to relieve Developer of liability in
"'" -*as Of such coverage, nos +shall it preclude City frog taking
actions againut Developer as are available to it undar any
other. ;provision of this .�gr,iaxent or otherwise in law o.r at
sKluity. Developer shell. m2intain the insurance required by this
paragraph until all Ot the surety bonds required by Paragraph 4
that paragrapy. reo! have been releaved in accordance with the provisions of
t
17, LJQ J1as7r. _W TH,)UT
- ��_CONS=
Developer shall net have the right to itasign or transfer
this Agreament, or any part hereof, without the prior written
consent of City.
18. NOTICE OF gRFa��I A1JD fi�ACR't'
City may serve vzitte*n notice upon Developer and Da-reloper's
surety of any breach of any portion of this Agreement and the
default of Developer if any of the following occur:
Developer refuses or fails to obtain
work, or any severable par': thereof, withesuchon of the
diligence as will inuure its completion within the time
specified, or fails to obtain completion of said work
within such time; Developer is adjudged a bankrupt;
Developer makes a gune+ral zssigmmOnt for the benefit of
Developer's creditors; a receiver is appointed in the
avant of Developer's insolvency; or Developer, or any
of Caveloper's officers, agents, servants or amployeas
should violate any of the provisions of this A graament.
19. �8� - s�a�>3F.�tiELJT' PERFORaurg- JX_VB�
►t OR QU
In the event notice .s given as specified in Paragraph 18,
Developer's sucsty ulia11 ha'ia the duty to take over and conpint•s
the Improvanents in accorda;tr.•* wit}, all of the pznvision.t+ of this
1�Qri,esent; piovidad, however, _hat if the tiuret within fiv4a
days after. the serving upon it of such notice, do�3s not give City
written notice of its intention to uo take over and coaplats the
Improveaan:rt or dolts not commence the performance thereof within
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twenty (20) days after notice to City of such election, City may
taxe aver the work and pro- .er_ute the Isprovements to completion,
by contract or by any other method City may deem advisable. In .
such event, City, without any liability for so doing, nosy take
possession of, a.nd utilize in completing Use IapY-ovements, such
materials, tools, equipment and other property belonging to
Developer as slay be on the s:te of the work and necessary
the.r-ef ore . Dnvelopisr ana its surety shall be obligated to pay
City the actual coot of such work together with th' i cost of tb"
time incurred by the City 1!nc;inoer, City Attorney, Public Works
Director and other City staff. ::n connection therevith plus
fifteen parcent (154) of all such costs. The rig'its of City
provided by this paragraph are in addition to anc! cumulative to
any and all other rights of City as provided by law or &Tuity,
and any election by City to proceed pursuant to the provisions of
paragraphs 18 or 19 hereof shall not be construed as being in
lieu of any tither such ricPubs
20. LLLE CT O.Ly&LM
No waiver of any provision of t1:is agreement shall be
deaaed, or shall constitute, a waiver of any other provision,
whether or not siuilar; nor shall any such waiver constitute a
continuing or subsequent waiver of the same provision. 110 waiver
shall bn bincling, unless executed in writing by the party zakinq
the waiver.
21. npa a
1C
Unless otherwise provided, all notices or other documents
herein required rhall be in writing and shall be delivered in
person or by mail. Notices shall be deemed delivered and
received upon receipt by pwrsonal service or upon deposit in the
United States mail, certified or registered, return receipt
requested with postage prepaid. Any party may change its address
by notice in writing to thy. other party and thereafter notices
shall be addressed and transmitted to the new address.
Unless ot.harwise changed, notices required to be Riven to
City shall be addressed as follows:
City Clerk
City of Moorpark
799 Moorpark Ave.
Moorpark, California 93021.
Unlaus otherwise changed, notices required to be given to
Developer shall be addr.ensLod as follows:
LAND RESEARCHERS INC.
28JO 28th Street, Suite 200
Santa Monica, Calif. 90405
t.ttn: Ronald S. Tankersley
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0003'79
13410
Conijo and Simi shall be jointly and severally
obligated to perform the obligations of Developer under this
Agreement. In addition to the obligations of Developer described
elsewhere in this Agreement, Developer shall make each required
payment to City within ten (10) days after receipt of City's
written invoice.
23. HISAL MM2
A. This Agreement constituteo the entire agreement of the
parties concerning the subject matter hereof and all prior
agreements or understandings, oral or written, are hereby merged
herein. This Agreement shall not be amended in any way except ky
a writing expressly purporting to be an amendment, signed and
acknowledged by t:.he,parties hereto.
B. City's frilurn to perform its obligations under this
Agreement shall not constitute a default url -r this Agreement if
the non - performance in too result of a court order. Dnve.loper's
obligations under this Agreement ahall be abated during the
period of such court order.
C. The position taken by City in any litigation brought by
City agA nst, or against City by, a third party shall not
constitute a default under this Agreement, irras.pective of tht►
fact that City's position ma.f be advntse to Developnr's rights
under taAa J,greezent,
D. This Agreement is made, entered into. and executed in
Ventura c'o"nty, California, and any court action arisiig from
this Aqrenment uhall W filed in thn applicable court in Ventura
County, California.
Z. Snould interpretation of this Agreement, or any portion
Wereof. be necessary, it is deemed that this Agreement was
prepared by the parties jointly and equally and shall not be
interpreted against either party on the ground that the party
prepared the Agreement or caus6d it to be prepared.
F. In the uvent any action, suit or procueding is brought
for the enforcement or declaration of any right or obligation
pursuant to this Agreement or as a result of any alleged breach
of any provision of this Agreement, the prevailing party shall be
entitled to recover its costs of suit and reasonable attorney's
fees from the losing party, and any judgement or decree rendered
in such a proceeding shall include such an award.
G. If any term, covenant, condition or provision of this
Agreement is found by a court of competent jurisdictinn to be
invalid, void or unenforceable, the remainder of this Agrees+en`.
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000380
shall nor.r_theless rema'.n in fu71 force and effect to the full
extent allowed by law.
IN WI:'NESS THEREOF, the parties hereto have Executed this
Agreuaent as of the day and year first above written.
CITY CF MOORPARK
i
�1Y o
.auI W. Y rason Jr.
Mayor
ATTEST:
Lillian Kellerman
City Clerk
CCNEJO FREEWAY PROPERTIES. LTE.
2800 28th St•-eet, Suite 200
Santa Monica, CA 90405
by: LAND RESEARCHERS, INC.
general partner
Ronald ankers ey, Pre t
L
S-f9ro H. Desoi, Secretary
SIMI MOORPARK FREEWAY
PROPERTIES, LTD.
2800 28th Street, Suite 200
Santa Monica, CA 90405
by: LAND P.ESEARCHERS, INC.
general partner
Ronald S. Tankersley, Prt,sidejnt
SS 11 H. Desoi, Secretary
10
000381
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STATE OF CALIFORNIA
COUNTY OF I, o s A n g e l re s SS TITLE INSUltt"Ca
On ha he Sth a
5110 agate. Penoru11y kpered Ronald y S. Tank e r stl e y t »lore me. the lrwds.spned, ►�tery pt ;� and
PersonMy knaen b Ird - prayed to me on the hy,q rA satr5t6C vy ovderno, b be the person wflo W=erm*d the w+Rrn rave I
pesorW Atrn b rty a pres4ent. and S i g r i d H. D e s o i
its lww
b rrn on fha basis of sabslecYOry e+nderxe b be the Person wtio jreaAod tlwe wrewn wm W'wtl u If»
Senetn,y 01 L a n d
Researchers, Inc,
P X) Ix rep'" that FOR NOTARY SEAL OR STAFMw
• r towed he wrtwrn ewaf rurrlpnt on bet+&' to Simi MOO t par k
Freeway Properties, 1.tcJ,
the Pert•
^a` �w4 Asl •rotated M wAwn v1%bu wN. Ywd adcr4.*,jwd to mf
Cw117 stxl+ CC- Paa+on •aarMnd me same ,6s 5141, Panr.tr awd met
k+Ch Pw+a shq •.waged the same
WTTNESS rV hand and offic M Nat
Gail Coleman
tis� `i��t, off•
Sgvtwn
b.+
Or,- tC:1 A L SE AL
GAIL COLEMAN
t,:'fALI r A. ; • 'AV.ORI41A
�+
LOS 1fiY
'
Id i � ggaw tat "1. 1111
STATE Of CALIFORNIA ® R_f" ` ;
Y
roue CIF Los Angeles � SS
On Vwe Cne S t h dny of May 199, . belore me, me u dwsyned. a Nobly PuOGC in and for
11,64 Sole, perso -ky apse ared Ronald 3. Tankersley
pwsoruty krno..n to me or proved to me on Uwe ba n of sattsfaoory ewd&n to be uv gw qw who eteoiJted rte wrhn rwstn.+nermt as jw
Prewwd. and Sigrid H. D e s o i
pers nay known b me or proved to me on me buss d satntaaory evderv_v to be the porwn to esemw ow w"hn wvwrws A as the
Seorewy o1 L a n d
Researchers, Inc. p,raporatenm,6t
9reQAed fm pro - na7rurn" on Dewy, of C O N E. O F H E E H A Y
PP.OPERTIES, LrD. the part.
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Instructions: If the Developer is a corporation, the agreement
must be executed in the corporate nazi and signed by the
President or Vice President and the Secretary or lutsistant
Secretary, and the Corporate Seal affixed. If the Developer is
an individual doing business under a fictitious name, it must be
signed by all personm having an interest: in the business, and the
fictitious name must also be signed.
+In all cgs, the signature on behalf of the Developer must be
notarized.
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