HomeMy WebLinkAboutContracts & Agreements_25B-2020Assignment Separate From Certificate
MA.CV
This Assignment Separate From Certificate ("Assignment") is made this
2020 ("Effective Date") by and between Redlands 6120, LLC, a Delaware limited liability
company, by their manager Diversified Pacific Communities, LLC, a Delaware limited liability
company ("Assianor") and the City of Redlands, a California municipal corporation and general
law city ("Assignee")
RECITALS
WHEREAS, Assignor and Assignee have entered into that certain Settlement and Mutual
General Release Agreement ("Settlement Agreement") dated February 18, 2020 whereby
Assignor has agreed to transfer and deliver to Assignee, certain shares of Raught Mutual Well
Company Accordingly, Assignee has agreed to assign, transfer and otherwise convey to
Assignee, certain shares of Raught Mutual Well Company by the execution and delivery of this
Assignment Assignor now wishes to assign and transfer to Assignee all of Assignor's right, title
and interest in and to the following
ASSIGNMENT
For good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows
1 Assignment Assignor hereby assigns and transfers to Assignee its ownership of
Forty Eight (48) shares of Capital Stock of Raught Mutual Well Company ("Stock"), as of the
Effective Date Assignee accepts the assignment of Assignor's rights, titles and interests in and
to the Stock
2 Ownership Assignor's ownership of the Stock is represented on the records of
the issuer of the Stock as Certificate No 164 dated August 17, 2015 and Assignor irrevocably
appoints the Secretary of the issuer, attorney-in-fact to transfer said stock on the books of the
issuer with full power of substitution
3 Countei pat is To facilitate execution, this Assignment may be executed in as
many counterparts as may be required It shall not be necessary that the signature on behalf of
both parties hereto appear on each counterpart hereof, and it shall be sufficient that the signature
on behalf of each party hereto appear on one or more such counterparts All counterparts shall
collectively constitute a single agreement This Assignment (or counterpart thereof) signed by
one or more of the parties and delivered by electronic mail or facsimile shall be effective as an
original
{SIGNATURE PAGE TO FOLLOW}
D5S3-000 183'9992
IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be duly
executed by their duly authorized representatives as of the date of this Assignment
ASSIGNOR.
REDLANDS 6120 LLC A DELAWARE
LIMITED LIABILITY COMPANY
BY DIVERSIFIED PACIFIC COMMUNITIES
LLC A DELAWARE LIMITED LIABILITY
COMPANY
ITS MANAGER
BY
MATTHEW A JORDAN,
ITS CO -MANAGING MEMBER
ASSIGNEE
CITY Or REDLANDS
A CALIFORNIA MUNICIPAL CORPORATION
AND GENERAL LAW CITY
BY&
PAUL W FOSTER MSR
DONALDSON. CITY CLERK
D593-000-iS22999.•
IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be duly
executed by their duly authorized representatives as of the date of this Assignment
ASSIGNOR
REDLANDS 6120, LLC, A DELAWARE
LIMITED LIABILITY COMPANY
BY DIVERSIFIED PACIFIC COMMUNITIES,
LLC, A DELAWARE LIMITED LIABILITY
COMPA
ITS
B
MATT A JO' lAN,
ITS CO- NAGINt EMBER
ASSIGNEE.
CITY OF REDLANDS,
A CALIFORNIA MUNICIPAL CORPORATION
AND GENERAL LAW CITY
BY
PAUL W FOSTER, MAYOR
JEANNE DONALDSON, CITY CLERK
D583-000 -- 3822999.1
\,4
Ai
4411
U. 3:
NO SHARES
Tedium
M�
INCORPORATED AUGUST 29 1934
AUTHORIZED CAPITAL STOCK $7,200 00
720 SHARES PAR VALUE $10
fatutgilt Mutual
IIl 11
I
veli Tumpttn3
Redlands, California
Re,J lavK5 19,0 C
No 1 6 4
Date. e i t( , I
is the record holder, entitled to represent, and (subject to conditions printed on reverse side hereof)
(IF NO PLEDGE IS TO BE REGISTERED, WRITE "NO ONE" IN THIS SPACE)
is registered as pledgee of
each of the par value of Ten Dollars, of the Capital stock of
tg1#'Mutual r rhe Tomptutu
a corporation organized under the laws of the State of California, for the purpose (in addition to any others) of supplying water to
its shareholders
The shares evidenced hereby are assessable and may be sold or forfeited for non payment of an assessment.
Each assessment is a lien upon the shares assessed from the time of the adoption of the resolution levying the
assessment, until paid Each charge or toll for water delivered or other service rendered by the corporation to or
for the record holder of these shares by virtue of or in respect of ownership of said shares is a Igen against said
shares from the time when furnished or rendered, until paid No transfer of these shares can or will be made on
the books of the corporation while any such assessment, charge or toll thereagainst remains or is unpaid
IN WITNESS WHEREOF, said corporation has caused this certifica be signed by its duly authorized
officers, and its Corporate Ser ffxed the day above written
ort*
it rrl. .
Ill:;
SLCRETAR , P
Tr' ;; {r �i� ?a";,? fr-� .n'„m,.e r.-��.c�i c,� a�,r 'e' e;Tlf-�s�..-'.'y, 2v, �'�z ��Tz '�.i �''F. r�.s'�^'^^'-_array--- .r- raµ:.- trti� _1�: „3::,
0 GOES 358
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ft
CONDITION RESPECTING RECORD HOLDER AND
PLEDGEE, IF ANY PLEDGEE BE NAMED
The record holder named herein shall be deemed as
regards the corporation, its shareholder; and, as such, shall
represent said shares and exercise all rights, vote, consent
and assent in respect thereof, and demand and receive all
water allotted thereto, and be personally liable to the
_corporation for all tolls, water charges and assessments.
The rights and Interest of the record holder (and of any
successor or person appearing by the certificate tobe the
owner of said shares), and the title to said shares, may be
transferred upon the books of the corporation, and a new
certificate issued (upon surrender hereof) subject to and
showing said pledge, without the act, consent or endorse-
ment of the pledgee.
If the address of the pledgee appears on the books of
the corporation, the corporation will not sell or forfeit the
shares, evidenced by the within certificate for non-payment
of an assessment unless at least ten days prior to such sale
or forfeiture there, is mailed to the pledgee at said address
of thepledgee,or in lieu thereof, delivered to the pledgee, a
copy of the notice of_assessment given with respect to such
1; assessment, or in lieu of such copy, any notice stating the
fact ofthe assessment and the time and place for the sale
or forfeiture of delinquent shares.
tk
t~'
{
The pledgee shall not be personally liable for the pay-
menti
of tolls, water charges or assessments, unless_
payment thereof has been assumed or guaranteed by the
pledgee or water shall be delivered upon or to the order of,
the pledgee.
The interest and rights of the pledgee, as such, in said .
shares may be transferred on the books of the corporation
and a new certificate issued (upon surrender hereof) show-
ing
howing the new pledgee, without the act, consent or endorse-
ment of the record holder or of anyone appearing by the
Certificate to be the owner of said shares.
ABSOLUTE ASSIGNMENT BY RECORD HOLDER
FOR VALUE, the undersigned hereby sells, assigns and
transfers to The City of R1an
FortElgh (4 ) shares represented
b the within ertifica e, and appoints the Secretary of the
thin name Corporation or any officer or person
esignated b the Corpora n•for suchpurpose, to transfer
said
ae shares n the books ,t - id Cor oration.
y .
Witness*
Record Holder`
ARaugt t filutuat iI lP11
(2Lnupan1
f
r-
•
ASSIGNMENT IN PLEDGE BY RECORD
HOLDER OR OWNER
The undersigned hereby assigns to
(called "Pledge"), in pledge and not absolutely, all shares
represented by the within Certificate, and directs said
Corporation to register said shares upon its books. in the'
name of the undersigned, as record holder, and said
pledgee, as pledgee.
Dated:
Witness•
TExtifiruti
FOR
SHARES
ISSUED TO
DATE
lea
Record Holder or Owner
FULL RELEASE OF PLEDGEE'S RIGHTS
(Where Debt is Paid or Satisfied)
The undersigned hereby releases from pledge all shares y
represented by the within certificate and relinquishes all of :k
the pledgee's interest and rights therein.
Dated; _
Pledgee
Witness:
ASSIGNMENT BY PLEDGEE OF PLEDGEE'S RIGHTS
(Where Debt is Transferred)
The undersigned hereby assigns to
as pledgee, all interest and right of the undersigned in the
shares represented by the within certificate, together with
the debt or liability secured thereby
Dated:
Pledge
Witness •
ALL- PURPOSE
CERTIFICATE OF ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the
identity of the individual who signed the document to which this certificate
is attached, and not the truthfulness, accuracy, or validity of that document
State of California }
County of San Bernardino
On August 20, 2015 before me,
}
Robin Pain, Notary Public
(Here insert name and title of the officer)
personally appeared Patrick Casey and Bonnie Casey
who proved to me on the basis of satisfactory evidence to be the personi ®whose
names is re subscribed to the within instrument and acknowledged to me that
he/she ice►, executed the same in has/her heir uthorized capacity to and that by
his/her,1ip signatur!s on the instrument the persor s , or the entity upon behalf of
which the person s jacted, executed the instrument
I certify under PENALTY OF PERJURY under the laws of the State of California that
the foregoing paragraph is true and correct
WITNES$'m1i hand an• o ficial seal
Notary Public Signature
•
ADDITIONAL OPTIONAL INFORMATION
ROBIN PAIN
Commission No 2046283
NOTARY PUndLIC-CALIFORNIA
SAN BERNARDINO COUNTY
My Comm. Expires OCTOBER 21, 2017
(Notary Public Seal)
DESCRIPTION OF THE ATTACHED DOCUMENT
Raught Mutual Well Company
(Title or description of attached document)
Shares of Stock(48)
(Title or description of attached document continued)
Number of Pages 2 Document Date 8120115
CAPACITY CLAIMED BY THE SIGNER
p Individual (s)
❑ Corporate Officer
(Title)
❑ Partner(s)
❑ Attorney -in -Fact
❑ Trustee(s)
❑ Other
2015 Version www NotaryClasses com 800 873-9865
•
INSTRUCTIONS FOR COMPLETING THIS FORM
This form complies with current California statutes regarding notary wording and,
if needed should be completed and attached to the document. Acknolwedgents from
other states may be completed for documents being sent to that state so long as the
wording does not require the California notary to violate California notary law.
• State and County information must be the State and County where the document
signer(s) personally appeared before the notary public for acknowledgment
• Date of notarization must be the date that the signer(s) personally appeared which
must also be the same date the acknowledgment is completed.
• The notary public must pnnt his or her name as it appears within his or her
commission followed by a comma and then your title (notary public)
• Print the name(s) of document signer(s) who personally appear at the time of
notarization
• Indicate the correct singular or plural forms by crossing off incorrect forms (i.e
lie/she/they is /are) or circling the correct forms Failure to correctly indicate this
Information may lead to refection of document recording
• The notary seal impression must be clear and photographically reproducible
Impression must not cover text or lines. If seal impression smudges re seal if a
sufficient area permits otherwise complete a different acknowledgment form
• Signature of the notary public must match the signature on file with the office of
the county clerk
Additional information is not required but could help to ensure this
acknowledgment is not misused or attached to a different document
Indicate title or type of attached document number of pages and date
Indicate the capacity claimed by the signer If the claimed capacity is a
corporate officer indicate the title (i.e CEO, CFO, Secretary)
• Securely attach this document to the signed document with a staple.
•
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DO NOT MAL •
REQUESTED BY
DEPARTMENT r
AMOUNT OF CK $ 1444
NAME ON CHECK 07,1V:714 "