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HomeMy WebLinkAboutDeeds & Easements_G-2PARKLAND USE AGREEMEN This Parkland Use Agreement (the "Agr ement") is e ered into by and between Redlands Security Co pany, a Ca fornia general partnership ("Grantor") and the it Redlands ("City") a municipal corporation organized an existing under the laws of the State of California. This Agreement shall be effective on and as of the date set forth below. parry i- al c A. Grantor is the owner of that certain parcel of land located in the City of Redlands and described on Exhibit "A" which is attached hereto and incorporated herein by reference (the "Land"). B. The Land is immediately adjacent to the Jennie Davis Park which is owned, maintained and operated for the public benefit by the City (the "Park"). C. Grant}r now desires to donate the Land to the City for expansion of the Park, but for no other purpose. D. The City desires to obtain a gift of the Land from Grantor and to use the Land to expand the Park. E. The City has informed Grantor that it may be necessary to use certain portions of the Land in conjunction with the City's water drainage system, which use may, at all times or from time -to -time, interfere with use of all or a portion of the Land as a public park. F. City and Grantor now desire to provide for a gift of the Land to the City for use to Expand the Park, and to provide for the full benefit of that gift to the Park should any portion of the Land be used by the City for purposes other than expansion of the Park, all pursuant to the terms of this Agreement. Operative Provisions NOW THEREFORE, In consideration of the above Recitals and of the convenants and conditions contained herein, Grantor and City agree as follows: I. Donation of Land. 1.1 Concurrently with the execution hereof, Grantor will convey to the City fee simple title to the Land, subject, however, the power of termination described in Article II hereinbelow. 4/S/GQ120-001/1703L 1 1.2 Conveyance of the Land to the City shall be accomplished by executi-n and delivery to the City of that certain Grant Deed, a copy of which is attached hereto as Exhibit "B" and which is incorporated herein by reference. II. Use of Land By City: Reversion to Grantor. The City specifically covenants that the Land, or monies equal to the value of the Land, will be used to improve and/or expand the Park, which improvement and expansion shall be in addition to improvement and expansion which would occur notwithstanding the gift herein described. In furtherance thereof, and without limiting the generality of the foregoing, the City specifically acknowledges and agrees that Grantor has donated the Land to the City for use in expanding the Park, and for no other purpose. Therefore, the City further specifically agrees that if the Land, or any portion thereof: shall ever cease to be used as a City Park, or parking related thereto, which is open to the public, or shall ever be used, whether at all times or from time -to -time, as part of or in conjunction with the City's water drainage system or the Zanja Creek drainage, or if any portion of such water drainage system or the Zanja Creek is placed or routed upon any portion of the Land, or if water is ever spread on any portion of the Land in conjunction with the City's water drainage system (the occurrence of any such event being referred to herein as the "Reversion Contingency"), then and thereupon the conveyance of the Land to the City shall be null and void and the Land shall, on demand, revert to Grantor, its successors and assigns, who shall then have the absolute right to reenter the Land and repossess the same to the exclusion of all others. III. Avoidance of Reversion. 3.1 In the event of the occurrence of any Reversion Contingency, the City may, so far as that Reversion Contingency is concerned, prevent the exercise of Grantor's right to reenter as described in Article II above by strictly complying with the following: (a) Within 30 days of the occurrence of the Reversion Contingency, the City shall give written notice to Grantor of its election to exercise its rights under this section 3.1. Such notice shall set forth a detailed description of the portion of the Land which is the subject of the Reversion Contingency which portion shall be the entire portion of the Land which is affected by or may reasonably be expected to be affected by the Reversion Contingency (such area being referred to herein as the "Affected Portion"). F4 (b) within. 30 days of the occurrence of the Reversion ContingFncy the City and Grantor shall each determine their best estimate of the market value of the Affected Portion, and shall provide that estimate, in writing, to the other. City and Grantor shall then use their best efforts to agree on the market value of the Affected Portion within such 30 day period. If Grantor and City cannot agree upon the market value of the Affected Portion within such 30 day period, they shall then seek to immediately agree on an appraiser or, if they cannot agree within 20 days, either may petition the presiding judge of the San Bernardino Superior Court for designation of an independent real estate appraiser. The appraiser so selected shall immediately undertake to conduct a market-value appraisal of the Affected Portion. The value arrived at by such appraiser shall be binding on City and Grantor for purposes of this section 3.1. If such value is less than, equal to, or exceeds, by less than 5%, the value set forth in the City's written estimate of the value, Grantor shall pay the cost of the appraiser. Otherwise, the City shall pay the cost of such appraisal. (c) within 60 days of the agreement by City and Grantor on the market value of the Affected Portion or within 60 days of the obtaining of an appraisal, as the case may be, the City shall deposit into a segregated, interest bearing account at a bank or savings and loan association a sum equal to the agreed upon or appraised value, as the case may be, of the Affected Portion. (d) The sum deposited into an account pursuant to section 3.1(c) above, plus all interest accrued thereon, shall be used, within 18 months of the deposit of such sum into the account, to pay for capital improvements at the Park which have not already been budgeted by the City. Such amounts shall not be used for maintenance of the park, for any part of the Park's normal operation budget, to pay any debt incurred in providing prior capital improvements, for improvement or maintenance of any other City property, nor for any other purpose except capital improvements at the Park. 3.2 After following the procedures set forth in section 3.1 above as to the Affected Portion all of the Land except such Affected Portion shall remain subject to all of the provisions hereof including, without limitation, Article II and section 3.1 hereinabove. IV. Miscellaneous Matters. 4.1 The City specifically covenants to Grantor that all necessary approvals to the execution of this Agreement have 3 been obtained and that this Agreement, when executed by the City and Grantor as provided hereinbelow, shall conutitute the legal, valid, and binding obligation of the City in accordance with the terms hereof. 4.2 This Agreement is entered into in the City of Redlands, County of San Bernardino, State of California and shall be governed by the laws of the State of California. Any litigation concerning this Agreement between the parties hereto shall be instituted and prosecuted in the Courts in San Bernardino County, California, and the parties waive any right to a change of venue. 4.3 Nothing contained in this Agreement including, without limitation, Articles II and III above, is intended as, nor shall any provision hereof be interpreted as, a limitation on the remedies available in the event of a breach hereof. In the event of a breach, the aggrived party may, in lieu of the remedies set forth herein, bring an action in a court of competent jurisdiction. In the event such an action is brought, the parties hereto specifically agree that monetary damages would be extremely difficult or impossible to assess, and that monetary damages will not adequately compensate the aggrieved party. The parties, therefore, agree that in the event of a breach, the court may award specific enforcement or other equitable remedies to redress such breach and to, as much as possible, give the aggrieved party the full expected benefit of this Agreement. 4.4 In the event of any litigation between the parties hereto with respect to the subject matter hereof, the prevailing party in such action, in addition to whatever other remedies the Court may deem proper, shall be entitled to an award of reasonable attorney's fees and costs incurred on the prosecution of such action. 4.5 This Agreement shall be binding on the parties hereto and their respective heirs, successors, and assigns, and any reference to the City or Grantor herein shall be deemed to include their heirs, successors and assigns. 4.6 The City specifically covenants that it will, at any time, execute any documents required by the Internal Revenue Service or otherwise reasonably requested by Grantor to document the gift to the City herein described or to allow Grantor and/or the partners thereof, to take a charitable deduction for reason of such gift. 4 IN WITNESS WHEREOF, the parties have executed this Agreement to be effective this /L day of December, 1986. "Grantor" REDLANDS SECURITY COMPANY, a California a1 By Arthur Gre or ,Vik General Partner "City" THE CITY OF REDLANDS, a California municipal corporation By: It : C'i ty_ Manager And Its. ri C1 5 That portion of Block 29, BARTON RANCH, in the City of Redlands, County of San Bernardino, State of California, as per plat re- corded in Book 6 of Maps, Page 19, records of said County, described as follows: COMMENCING at the intersection of the centerline of New York Street and the South line of the North 1/2 of said Block 29, produced Westerly; thence North 01 43' 15" West along the center- line of said New York Street, 320.00 feet to the TRUE POINT OF BEGINNING; thence North 89° 54' 32" East parallel with the afore- said South line of the North 1/2 of Block 29, 616.00 feet; thence North 00 43' 15" West parallel with the centerline of said New York Street, 80.00 feet to a point on the North line of the South 400 feet of said North 1/2 of Block 29 of the BARTON RANCH; thence South 890 54' 32" West along the North line of the South 400 feet of said North 1/2 of Block 29, 616.00 feet to a point on the centerline of said New York Street; thence South 0° 43' 15" East along the centerline of New York Street, 80.00 feet to the point of beginning. EXCEPTING therefrom the Westerly 40 feet lying within New York Street. SUBJECT to a 15 foot wide drainage easement, the centerline of said 15 foot wide drainage easement being described as follows: COMMENCING at the intersection of the centerline of New York Street and the South line of the North 1/2 of said Block 29, produced Westerly; thence North 00 43' 15" West along the center- line of said New York Street, 320.00 feet; thence North 890 54' 32" East along a line parallel with the aforesaid South line of the North 1/2 of Block 29, a distance of 530.00 feet to the TRUE POINT OF BEGINNING of said easement; thence at right angles North 01 05' 28" West 80.00 feet to the Northerly terminus of said easement. EXCEPTING therefrom that portion conveyed to the City of Redlands by deed recorded December 23, 1935 in Book 1108, Page 367, Official Records of said County, described as follows: BEGINNING at a point on the East line of New York Street, said point being the Northwest corner of the South 400 feet of the West 853.30 feet of the North 1/2 of said Block 29; thence along the North line of the aforesaid South 400 feet, East 50 feet; thence Southwesterly 54.60 feet to a point on the East line of New York Street; thence along the East line of New York Street North 22 feet to the point of beginning. RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: REID & HELLYER (JKM) A Professional Corporation 599 N. Arrowhead Avenue San Bernardino, CA 92412 Assessor's Parcel No: 171-021-02 GRANT DEED WITH POWER OF TERMINATION This indenture is made this llth day of December, 1986, between Redlands Security Company, a general partnership ("RSC"), and the City of Redlands, a California municipal corporation (the "City"). WHEREAS, RSC is seized in fee simple of that parcel of real property which is described on Exhibit "A" attached hereto and incorporated herein by reference (the "Land"); WHEREAS, the Land is immediately adjacent to the Jennie Davis Park (the "Park") which is owned, maintained and operated for the public benefit by the City and which is now located upon land previously donated to the City by Arthur Gregory, Sr.; WHEREAS, RSC now wishes to honor Arthur Gregory, Sr. by a gift of the Land from RSC to the City for expansion of the Park, but for no other purposes; WHEREAS, RSG and the City have entered into a "Parkland Use Agreement" (the "Agreement"), of even date herewith, concerning RSC's gift of the Land and the City's use thereof. NOW, this indenture witnesseth as follows: 1. Grant of Real PropertY. RSC does hereby grant the Land to the City and its successors and assigns on the condition subsequent that the Land shall be used by the City only in expanding the Park, and for no other purpose, as provided in the Agreement which is incorporated herein by reference. 2. Power of Termination. RSC expressly reserves for itself and its successors and assigns a Power of Termination so that if the City, or its successors and assigns, shall ever cease to use the Land for Public Park purposes as provided in the Agreement, or be in material breach of any provision of the Agreement, then, RSC, or its successors and assigns, may re-enter the Land. 3. Exceptions to the Grant. in addition to the Power of Termination created herein, this Grant shall be subject to: EXEMPT FROM STATE AND LOCAL REAL PROPERTY/SUPPLEMENTAL TAXES 3/S/R0014-001/0269V 1 pt LtFT P a. General and special taxes which are a lien, if any; b. Bonds and assessments of record, if any; C. Covenants, conditions, restrictions, reservations, rights -of --way and easements of record, if any; d. The effect of the Agreement. 4. Obsolescence of Power of Termination. By acceptance of this conveyance, the City covenants and agrees that, because this conveyance is made in honor of Arthur Gregory, Sr., the Power of Termination created herein shall be of actual and substantial benefit to the holder of such Power and such Power shall not become obsolete, as defined in California Civil Code S885.040, during the life of any of the natural partners of RSC or so long as such Power is held by the kin, by blood or by marriage, of any of such natural partners. 5. Exercise of Power of Termination. Exercise of the Power of Termination created herein, or avoidance thereof, shall be governed by the Agreement. IN WITNESS WHEREOF, the parties hereto have set their hands on the date and year first above written. REDLANDS SECURITY COMPANY, a California general partnership By THE CITY OF REDLANDS, a California municipal corporation By: Its: And: Its: PYMPIT D Park A parkland use agreement between the City and Redlands Agreement Security Company was reviewed and reference to the use of the land in Page 2, Section II, was clarified to reflect the property Parkland could also be used for parking for its related uses. Donation Councilmember Wormser moved to approve the Parkland Use Agreement between Redlands Security Company and the City of Redlands as amended and to accept the gift of land (Parcel No. 171-021-02) from Messrs. Art Gregory, Jr. and Bill Gregory. Motion seconded by Councilmember Johnson and carried by AYE votes of all present. On behalf of the citizens of Redlands, Council expressed its gratitude for this generous gift. Hospital Dr. James D. Hook, Redlands Community Hospital, requested Construction Council to consider allowing the hospital to obtain funds Bond Issue through Certificates of Participation issued by the City of Redlands which would involve a lease! -'ease --back of the hosptial facility to the City. Under the Certificates of Participation arrangement, the credit of the City would not be affected and the City would have no obligation for payment of the lease costs. Councilmember Johnson moved to authorize City staff to work with the Redlands Community Hospital to see if this is the most profitous route for the . hospital with the understanding that there would be no net cost to the City; that the underwriters' cost would be paid out of the cost of issuance; and that the City's legal counsel would review the issue. Motion seconded by Councilmember Wormser and carried by AYE votes of all present. Audit On motion of Councilmember Larsen, seconded by Councilmember Wormser, Council accepted and ordered filed by AYE votes of all present the audit for the City for fiscal year 1985-86 as prepared by Soren, Ahern, Christenson, Bartells, and Walloch, CPA's. Resolution Resolution No. 4212, a resolution of the City Council of the No. 4212 City of Redlands authorizing execution and delivery by the City of installment sale agreement and trust agreement, approving Sewer purchase agreement and approving and authorizing delivery of Facilities preliminary of iciai statement and otficial statement with respect Improvement to the issuance and sale of Certificates of Participation (City of Project Redlands Sewer Facilities Improvement Project) , appointing trustee and authorizing issuance of such Certificates in an amount not to exceed $18,000,000.00, was adopted by AYE votes of all present on motion of Councilmember Larsen, seconded by Councilmember Wormser. Agreement On motion of Councilmember Larsen, seconded by Councilmember DeMirjyn, a cooperative agreement between the City of Street Redlands, City of Loma Linda, and San Bernardino County for Improvements consulting services for the design of improvements to the intersection of Redlands Boulevard and California Street was Funds unanimously approved and the Mayor authorized to sign on December 16, 1986 Page seven - COUNTY OF SAN BERNARDINO PRELIMINARY CHANGE OF OWNERSHIP REPORT (To be completed by transferee (buyer) prior to transfer of subject in accordance with Section 480.3 of the Revenue and Taxation Code.) SELLER: Redlands Security Company, a general partnership BUYER: City of Redlands A. P. #(s): 171-021-02 LEGAL DESCRIPTION: Attached as Exhibit 'W' ADDRESS (If Improved): N/A MAIL_ TAX INFORMATION TO: Name City of Redlands P.O. Box 280 Address: 30 Cajon Street Redlands, California 92373 FOR RECORDER'S USE ONLY � ��) Lt -e b Lam1' f Q I l The property which you acquired may be subject to a supplemental assessment in an amount to be determined by the San Bernardino County Assessor. For further information on your supplemental roll obligation, please call the San Bernardino County Assessor at (714) 383-2661. Transfer Information: A. Was this transfer solely between husband and wife, addition of a spouse, death of a spouse, a. ( } YES b. (xx) NO divorce settlement, etc.? B. Was this transaction only a correction of the name(s) of the person(s) holding title to the property? a. ( ) YES b. (xx) NO C. Was this document recorded to create, terminate, or reconvey a lender's interest in the property? a. ( } YES b. (XX) NO D. Was this transaction recorded only to create, terminate, or reconvey a security interest a. ( ) YES b. (xx) NO (e.g. cosigner)? E. Was this document recorded to substitute a trustee under a deed of trust, mortgage, or other a. ( } YES b. (xx) NO similar document? F. Did this transfer result in the creation of a joint tenancy in which the seller (transferor) remains as a. ( ) YES b. (XX) NO one of the joint tenants? G. Does this transfer return property to the person who created the joint tenancy (original transferor)? a. ( ) YES b. (xx) NO H. Is this transfer of property: a. to a trust for the benefit of the grantor? a. ( ) YES b. (xx) NO b. to a revocable trust? a. ( ) YES b. (xx) NO c. to a trust from which the property reverts to the grantor within 12 years? a. ( ) YES b. (xx) NO I. If this property is subject to a lease, is the remaining lease term 35 years or more including a. ( ) YES In. (xx) NO written options? J. If this transfer is excluded from a change in ownership as defined in Section 62 of the Revenue and Taxation Code for any reason other than those listed above, set forth the specific exclusion claimed: (gift to tax exempt entity) IF YOU HAVE ANSWERED "NO" TO QUESTIONS A THROUGH I, INCLUSIVE, AND HAVE NOT CLAIMED ANY OTHER EXCLUSIONS UNDER J, PLEASE COMPLETE BALANCE OF FORM. OTHERWISE SIGN AND DATE. 2. Type of Property Transferred a. ( ) Single-family residence e, ( ) Mobilehome b. ( ) Multiple -family residence (no. of units: ) f. ( } Unimproved lot C. ( } Co-op g. ( } Commercial/lndusirial d. ( ) Condominium h. ( ) Other (description:_ SK ASE) AH 502-A FRONT (3685) 3. a. Cash Downpayment or Value of Trade (excluding closing cost): $ b. 1st Deed of Trust at % interest for years. Amount $ ( } Fixed Rate ( ) Variable Rate { ) New Loan { } Assumed Existing Loan Balance { ) FHA ( ) Finance Company ( ) Cal -Vet (. ) Savings & Loan ( ) VA ( ) Loan Carried by Seller ( ) Bank { ) All Inclusive Balloon Payment { ) Yes ( } No $ c. 2nd Deed of Trust at % interest for years. Amount $ ( ) Fixed Rate ( ) Variable ' Rate { ) New Loan ( ) Assumed Existing Loan Balance ( ) Loan Carried by Seller ( ) Balloon Payment { ) Yes ( ) No: $ d. Was other type of financing involved not covered in (b) or (c) above? a. ( } YES b. ( } NO Type — at iib interest for years. Amount $ ( ) Fixed Rate ( ) Variable Rate ( ) New Loan ( ) Assumed Existing Loan Balance ( ) Loan Carried by Seller ( ) Balloon Payment ( ) Yes ( ) No: $ e. Improvement Bond: a.( ) YES b. ( ) NO Outstanding Balance: Amount $ f. Total Purchase price or Acquisition Price, if Exchanged: $ GIFT 4. Was any personal property included in the purchase other than a mobilehome subject to local a. ( ) YES b. ( X) NO property tax? If yes, enter amount and attach itemized list of personal property. c. Amount $ 5. Transfer is by: a. (XX) Deed; b. ( ) Contract of Sale; c. ( ) Foreclosure; d.( ) Other -Explain; 6. Was only a partial interest in the property transferred? a. ( ) YES b. (KX) NO If "YES" indicate the percentage transferred. 7.' a. ( ) Date of Transfer or b. ( ) If an inheritance, Date of Death 8. Is, or will, the property (be) producing income? a. ( ) YES b. (XX) NO 9. If answer to Question 8 is yes, is income pursuant to: a. ( ) Lease; b. ( ) Contract; c. { ) Mineral rights; d. ( ) Other -Explain: 10. Did the transfer of this property involve the trade or exchange of other real property? a. ( ) YES b. ( ) NO 11.' Is this property intended as your principal residence: a. ( ) YES b. (xy,) NO If yes, enter date of occupancy or intended occupancy 'it this date wN be the same as the recording date, anter "See Recording Dare". I certify that the foregoing is true, correct and complete to the best of my knowledge and belief. Signed EdA Date: December 29 1986 ew er rporate icer) Address if othe than above As above Phone No. Where you are available from 8:00 a.m.-5:00 p.m ( 714 ) 798-7510 (NOTE: The Assessor may contact you for further Information.) If a document evidencing a change of ownership is presented to the recorder for recordation without the concurrent filing of a preliminary change of ownership report, the recorder may charge an additional recording fee of twenty dollars ($20). The additional fee shall not be charged it the document is accompanied by an affidavit that the transferee is not a resident of California. AFFADAVIT OF NON-RESIDENT TRANSFEREE The Transferee (buyer) named above is a resident of _ and not a resident of the State of California. Signed Date: (New Owner/Corporate Officer) SBE -ASD AH 502-A BACK (M45) portion of Block 29, BARTON RANCH, in the City -of Redlands, StatThat p per plat re - County of San Bernardino, Pagee19, records nofrsaid Couty, corded in Book 6 of Maps, g described as follows: COMMENCING at the intersection of the centerline of New York Street and the South line of the North 1/2 of said Block 29, produced Westerly; thence North 0° 43' 15" West along the center- line of said New York Street, 320.00 feet to the TRUE POINT OF BEGINNING; thence North 89° 54' 32" East parallel with thehence afore- said South line of the North 1/2 of Block 29, 616.00 feet; North 0° 43' 15" West parallel with the centerline of said New nt on the North line of the South York Street, 80.00 feet to a Poi 400 feet of said North 1/2 of Block 29 of the BARTON RANCH; thence South 891 54' 32" West along the North line of the South 400 feet of said North 1/2 of Block 29, 616.00 feet to a point on the centerline of said New York Street; thence South D° 43' 15" East along the centerline of New York Street, 80.00 feet to the point of beginning. EXCEPTING therefrom the Westerly 40 feet lying within New York Street. E XEPT SUBJECT to a 15 foot wide drainage easement, the centerline of ment being described as follows: said 15 foot wide drainage ease COMMENCING at the intersection of the centerline of New York Street and the South line of the North 1/2 of said Block 29, produced Westerly; thence North 01 43' 15" West hencealong Norththe center- line of said New York Street, 320.00 feet; 32" East along a line parallel with the aforesaid South line of f 530.00 feet to the TRUE the North 1/2 of Block 29, a distance o POINT OF BEGINNING of said easement; thence at right angles North 0° 05' 26" West 80.00 feet to the Northerly terminus of said easement. EXCEPTING therefrom that portion conveyed to the City of Redlands by deed recorded December 23, 1935 in Book 1108, Page 367, Official Records of said County, described as follows: BEGINNING at a point on the East line of New York Street, said -point being the Northwest corner of the South 400 feet of the - thence along _West 853.30 feet of the North 1/2 of said Block East a feet; the North line of the aforesaid South 400 feet, thence Southwesterly 54.60 feet to a point on the East line of New York Street,' thence along the East line of New York Street North 22 feet to the point of beginning. RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City Clerk City of Redlands Post Office Box 280 Redlands, Calif. 92373 Assessor's Parcel No: 171-021-02 86-400505 f , ErY Cos DEP 11 .A I F�—,=P 22 RECORDED IN OFFICIAL RECORDS =85 DEC 30 N 3., 34 SAN E3c.iNA''RDIN0 CO.- CALIF. Property situate in San Bernardino County Amount of Documentary Transfer Tax Due $_NQrje . The consideration or value on which the tax due was computed was exclusive of va of ail liens or encumbrances remaining on t mterost or operty C()ed at the time of sale. nature of party determining the tax or his agent ,k -Consideration less than $100 GRANT DEED WITH POWER OF TERMINATION This indenture is made this 11th day of December, 1986, between Redlands Security Company, a general partnership ("RSC"), and the City of Redlands, a California municipal corporation (the "City"). WHEREAS, RSC is seized in fee simple of that parcel of real property which is described on Exhibit "A" attached hereto and incorporated herein by reference (the "Land"); WHEREAS, the Land is immediately adjacent to the Jennie Davis Park (the "Park") which is owned, maintained and operated for the public benefit by the City and which is now located upon land previously donated to the City by Arthur Gregory, Sr.; WHEREAS, RSC now wishes to honor Arthur Gregory, Sr. by a gift of the Land from RSC to the City for expansion of the Park, but for no other purposes; WHEREAS, RSC and the City have entered into a "Parkland Use Agreement" (the "Agreement"), of even date herewith, concerning RSC's gift of the Land and the City's use thereof. NOW, this indenture witnesseth as follows: 1. Grant of Real Property. RSC does hereby grant the Land to the City and its successors and assigns on the condition subsequent that the Land shall be used by the City only in expanding the Park, and for no other purpose, as provided in the Agreement which is incorporated herein by reference. 2. Power of Termination. RSC expressly reserves for itself and its successors and assigns a Power of Termination so that if the City, or its successors and assigns, shall ever cease to use the Land for Public Park purposes as provided in the Agreement, or be in material breach of any provision of the Agreement, then, RSC, or its successors and assigns, may re-enter the Land. 3. Exceptions to the Grant. In addition to the Power of Termination created herein, this Grant shall be subject to: EXEMPT FROM STATE AND LOCAL REAL PROPERTY/SUPPLEMENTAL TAXES 111-0,q,1-09 3/S/R0414-001/0269V 1 �� a. General and special taxes which are a lien, if any; b. Bonds and assessments of record, if any; C. Covenants, conditions, restrictions, reservations, rights-of-way and easements of record, if any; d. The effect of the Agreement. 4. Obsolescence of Power of Termination. By acceptance of this conveyance, the City covenants and agrees that, because this conveyance is made in honor of Arthur Gregory, Sr., the Power of Termination created herein shall be of actual and substantial benefit to the holder of such Power and such Power shall not become obsolete, as defined in California Civil Code §885.040, during the life of any of the natural partners of RSC or so long as such Power is held by the kin, by blood or by marriage, of any of such natural partners. 5. Exercise of Power of Termination. Exercise of the Power of Termination created herein, or avoidance thereof, shall be governed by the Agreement. IN WITNESS WHEREOF, the parties hereto have set their hands on the date and year first above written. REDLANDS SECURITY COMPANY, a California gener partnership By THE CITY OF REDLANDS, a California municipal corporation By:lll Its; CityManager And: r. Its: City Clerk 86-400505 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed to the City of Redlands dated December 30, 1986 , from Arthur Gregory, Jr. to the City of Redlands, a governmental agency, is hereby accepted and the Grantee consents to recordation thereof by its duly authorized officer. Dated: December 30, 1986 E. 45ke,i, y Manager, City of Redlands 86-400505 STATE OF CALIFORNIA } . ss. COUNTY OF SAN BERNARDINO } On this 30th day of December, 1986, before me, B . Sanclez , a Notary Public in and for said County and State, personally appeared John E. Holmes and Larrie Povzer, personally known to me (or proved to me on the basis of satisfactory evidence) to be the personswho executed the within instrument as _ City Manager and City Clerk or on behalf of the municipal corporation therein named and acknowledged to me that the municipal corporation executed it. WITNESS my hand and official seal. STATE OF CALIFORNIA ) ss. COUNTY OF SAN BERNARDINO ) Notary Public in and Tor said County and State On this dq' -- day of December, 1986, before me, Sus'an 'Teresa a Ing , a Notary Public in and for said County and State, personally appeared Arthur Gregory, Jr., personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) who executed this instrument on behalf of the partnership and acknowledged to me that the partnership executed it. WITNESS my hand and official seal. "—' 40MMAL REAL) y .SUSAN TERESA MLLING T. ..� a. NOTARY PUBLIC • CALIFORNIA SAN BERNARD€NO COUNTY MY COMMISS€On Expires Sept. 25, 1999 Notary Public in and or said County and State Qe400 505 That portion of Block 29, BARTON RANCH, in the City of Redlands, County of San Bernardino, State of California, as per plat re- corded in Book 6 of Maps, Page 19, records of said County, described as follows: COMMENCING at the intersection of the centerline of New York Street and the South line of the North 1/2 of said Block 29, produced Westerly; thence North 0° 43' 15" West along the center- line of said New York Street, 320.00 feet to the TRUE POINT OF BEGINNING; thence North 89° 54' 32" East parallel with the afore- said South line of the North 1/2 of Block 29, 616.00 feet; thence North 00 43' 15" West parallel with the centerline of said New York Street, 80.00 feet to a point on the North line of the South 400 feet of said North 1/2 of Block 29 of the BARTON RANCH; thence South 89° 54' 32" West along the North line of the South 400 feet of said North 1/2 of Block 29, 616.00 feet to a point on the centerline of said New York Street; thence South 0° 43' 15" East along the centerline of New York Street, 80.00 feet to the point of beginning. EXCEPTING therefrom the Westerly 40 feet lying within New York Street. SUBJECT to a 15 foot wide drainage easement, the centerline of said 15 foot wide drainage easement being described as follows: COMMENCING at the intersection of the centerline of New York Street and the South line of the North 1/2 of said Block 29, produced Westerly; thence North 0° 43' 15" West along the center- line of said New York Street, 320.00 feet; thence North 890 54' 32" East along a line parallel with the aforesaid South line of the North 1/2 of Block 29, a distance of 530.00 feet to the TRUE POINT OF BEGINNING of said easement; thence at right angles North 00 05' 28" West 80.00 feet to the Northerly terminus of said easement. EXCEPTING therefrom that portion conveyed to the City of Redlands by deed recorded December 23, 1935 in Book 1108, Page 367, Official Records of said County, described as follows: BEGINNING at a point on the East line of New York Street, said point being the Northwest corner of the South 400 feet of the West 853.30 feet of the North 1/2 of said Block 29; thence along the North line of the aforesaid South 400 feet, East 50 feet; thence Southwesterly 54.60 feet to a point on the East line of New York Street; thence along the East line of New York Street North 22 feet to the point of beginning. = M E T R O S C A N P R O P E R T Y P R O F I L E_ Sara Bernardino ( CA ) * * * OWNERSHIP INFORMATION * * * Parcel Number :0171 021 11 0000 Parcel Type :Real Property * Owner :City Of Redlands * CoOwner * Site Address :*No Site Address* * Mail Address :Address Not On File * Owner Phone * Tenant Phone * * * SALES AND LOAN INFORMATION * * * Transferred :03/01/1986 Loan Amount * Document # Lender * Sale Price Loan Type * Deed Type Interest Rate * Owned Vesting Type * * * ASSESSMENT AND TAX INFORMATION * * Land Exempt Type * Structure Exempt Amount * Other Tax Rate Area :005002 * Total 00-01xes * Improved * * * PROPERTY DESCRIPTION * Easement * Map Grid * Census :Tract: Block * Land Use :0000 Vac,Vacant * PropType :INDUSTRIAL * Legal :BARTON RANCH PTN N 97.5 FT S 400 FT * :W 853.3 FT N 1/2 BLK 29 DESC BEG AT * :PT ON N LI SD N 97.5 FT S 4 00 F... * * * Profile -Page 1 of 2 M E T R O S C A N P R O P E R T Y P R O F I L E San Bernardino (CA) **************************************************************************************** * * OWNERSHIP INFORMATION * * * * Parcel Number :0171 021 09 0000 Parcel Type :Real Property * Owner :City Of Redlands * CoOwner * Site Address :*No Site Address* * Mail Address :PO Box 280 Redlands Ca 92373 * Owner Phone * Tenant Phone * * SALES AND LOAN INFORMATION * * * Transferred :12/30/1986 Loan Amount * Document # :400505 Lender * Sale Price Loan Type * Deed Type Interest Rate * owned Vesting Type * * * ASSESSMENT AND TAX INFORMATION * * * Land Exempt Type * Structure Exempt Amount * Other Tax Rate Area :005002 * Total 00-01xes * $ Improved * * * PROPERTY DESCRIPTION * * * Easement * Map Grid * Census :Tract: Block * Land Use :0000 Vac,Vacant * PropType :INDUSTRIAL * Legal :BARTON RANCH PTN BLK 29 BEG AT * :INTERSECTION C/L NEW YORK ST AND S * :LI N 1/2 SD BLK 29 PRODUCED WLY ... * * Profile -Page I of 2 ****************************************************************************************