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HomeMy WebLinkAboutContracts & Agreements_197-2020P¢.r A u �, FirstAmerican Title Insurance Company a` National Commercial Services 3281 E Guasti Road, Suite 440 • Ontario, CA 91761 Office Phone:(909)510-6200 Office Fax:(877)461-2088 Seller's Final Settlement Statement File No: NCS-1005171-ONT1 Escrow Officer: Kelly Simoneau/KS Settlement Date: 09/09/2020 Disbursement Date: 09/09/2020 Property: 617 Texas Street, Redlands, CA Buyer: Redlands Armory, LLC 1621 Garden Street, Redlands, CA 92373 Seller: City of Redlands, a municipal corporation P.0 Box 3005, Redlands, CA 92373 Lender: Pacific Premier Bank Pacific Premier Bank 3403 Tenth Street, Suite 830, Riverside, CA 92501 3403 Tenth Street, Suite 830, Riverside, CA 92501 Description Seller Charge Seller Credit Consideration Total Consideration 1,390,000.00 Title/Escrow Charges Closing -Escrow Fee 1/2 of total cost to First American Title Insurance Company National 1,350.00 Commercial Services Documentary Transfer Tax— 4_ _ 1,529.00 Disbursements Paid -- Miscellaneous Disbursement Invoice#:2629767/NHD Repon to First American Natural Hazard Disclosures 139.00 Cash (X To) ( Prom) Seller 1,386,982.00 Totals 1, 390,000.00 1,390,000.00 Settlement Statement Page 1 of 1 Print Date: 09/0912020, 10:46 AM Recording Requested By: First American Title Insurance Company National Commercial Services, Ontario, CA RECORDING REQUESTED BY AND WHEN RECORDED MAIL DOCUMENT 7O: NAME City of Redlands STREET PO Box 3005 ADDRESS Redlands, CA 82373 CITY, STATE& ATTN: City Clerk zip CODE Electronically Recorded in Official Records County of San Bernardino Bob Dutton Assessor -Recorder -County Clerk DOC# 2020-0334951 09/09/2020 Titles:I Pages:5 08:37 AM SAN Fees $26.00 Taxes $1629.00 C9229 CA S62 Fee 0.00 Total $1655.00 GRANT DEED Title of Document SPACE ABOVE FOR RECORDER'S USE ONLY Pursuant to Senate Bill 2 — Building Homes and Jobs Act (GC Code Section 27388.1), effective January 1, 2018, a fee of seventy five dollars ($75.00) shall be paid at the time of recording of every real estate Instrument, paper, or notice required or permitted by law to be recorded, except those expressly exempted from payment of recording fees, per each single transaction per parcel of real property. The fee Imposed by this section shall not exceed two hundred twenty-five dollars ($225.00). Reason for Exemption: X, Exemptfrom fee per GC 27388.1, recorded in connection with a transfer subject to the imposition of documentary transfer lax .-. (I)TT), or - - +' Exempt from fee per GC 27388.1, recorded in connection with a transfer of real property that Is a residential dwelling to an owner -occupier, or Exempt from fee per GC 27385.1. recorded in connection with a transfer that was subject to documentary transfer tax which was paid on document recorded previously on (date) as document number of Official Records. (Cap. $22500) Exempt from fee per GC 27388.1, fee cap of $225,00 reached, and/or Exempt from fee per GC 27388.1, not related to real property Failure to Include an exemption reason will result in the imposition of the $75.00 Building Homes and Jobs Act fee. Fees collected are deposited to the State and may not be available for refund. THIS COVER SHEET ADDED TO PROVIDE ADEQUATE SPACE FOR RECORDING INFORMATION ($3.00 Additional Recording Fee Applies) DOC #2020-0334951 Page 2 of 5 GRANT DEED RECORDING REQUESTED BY: First American Title insurance Company NCS WHEN RECORDED MAIL TO: City of Redlands P.O. Box 3005 Redlands, California 92373 Attention: City Clerk (Space Above for Recorder's Use) APNs 0169-021-06 and 0169-121-10 File No.: NCS 1005171-ONTI GRANT DEED 1 52-11, 0 0 The undersigned Grantor declares that Documentary Transfer Tax is $6&"; City Transfer Tax is $0.00; pursuant to Section 11932 of the California Revenue and Taxation Code, as amended. [ x ] computed on the consideration or full value of property conveyed, OR [ ] computed on the consideration or full value less value of liens and/or encumbrances remaining at time of sale, [ ] unincorporated area; [ x ] City of Redlands, and FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which is hereby acknowledged, CITY OF REDLANDS (the "Grantor"), hereby grants to REDLANDS ARMORY, LLC, a limited liability company the real property in the City of Redlands, County of San Bernardino, State of California, described in Exhibit "A" attached to and incorporated in this Agreement by this reference. THIS GRANT AND CONVEYANCE IS MADE AND ACCEPTED SUBJECT TO COVENANTS, CONDITIONS, RESTRICTIONS, RESERVATIONS, RIGHTS OF WAY AND EASEMENTS NOW OF RECORD, [signature page follows] DOC #2020-0334951 Page 3 of 5 MAIL TAX STATEMENTS TO: City of Redlands P.O, Box 3005 Redlands, California 92373 Attention: City Clerk IN WITNESS WHEREOF, the Grantor has executed this Grant Deed as of ?VL 1 , 2020. ,b,I1FtE.f'; "ATTEST:, W w n J' , e Donaldson, City Clerk r GRANTOR: CITY OF REDLANDS, a�munniiccippaal corporation Paul W. Foster, Mayor DOC #2020-0334951 Page 4 of 5 A notary public or other officer completing this certificate verified 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 STATE OF CALIFORNIA _ � ) ss. COUNTY OF C x V-%j60't�lY10 ) 1 � On�.�'tt)enl k r� t�7--0 , z2&M, before me, 0-ac., Notary Public, personally appearedW T'osirr' v who proved to me on the basis of satisfactory evidence to be the pers to the within instrument and acknowledged to me that he/Ne/th authorized capacity re and that b his/her/their signature(�s on the upon behalf of which the persort�s acted, executed the instrument, namo& iklare subscribed the same in Nds/ker/their the personQ or the entity I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. DIANA RAINS Notary Public • California San Bernardino Cqunly 3 .. 'COmmle8len N 2175775r Lan.; .) Notary Public In and For Said County and State DOC #2020-0334951 Page 5 of 5 Exhibit "A" Legal Description Real property in the City of Redlands, County of San Bernardino, State of California, described as follows: THAT PORTION OF BLOCK 28, OF BARON RANCH, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFONIA, AS PER PLAT RECORDEDIN BOOK 6 OF MAPS, PAGE 19 THEREOF, RECORDS OF SAID COUNTY, PARTICULARY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE WEST LINE OF TEXAS STREET, 80 FEET WIDE, DISTANCE THEREON SOUTH 1 DEG. 00' 07" EAST 460 FEET FROM THE SOUTH LINE OF COLTON AVENUE, 80 FEET WIDE, AS SAID TEXAS STREET AND COLTON AVENUE ARE SHOWN ON SAID MAP; THENCE SOUTH 88 DEG 59' 51" WEST 303.95 FEET TO A NON -TANGENT CURVE HAVING A RADIUS OF 3,500 FEET AND BEING CONCAVE NORTHERLY; THENCE WESTERLY ALONG SAID CURVE FROM A TANGENT BEARING NORTH 70 DEG. 59' 54" WEST, THROUGH AN ANGLE OF 5 DEG. 17' 28", AN ARC DISTANCE OF 323.22 FEET TO THE WEST LINE OF THE NORTHEAST 1/4 OF SAID LOT OR BLOCK 28; THENCE ALONG SAID WEST LINE SOUTH 0 DEG, 01 45 EAST 220.27 FEET TO THE SOUTHWEST CORNER OF SAID NORTHEAST 1/4 , THENCE NORTH 89 DEG. 38: 25" EAST 619.85 FEET TO SAID WEST LINE OF TEXAS STREET, THENCE ALONG SAID WEST LINE, NORTH 1 DEG, 00' 07" WEST 159.66 FEET TO THE POINT OF BEGINNING. EXCEPTING THEREFROM THAT PORTION CONVEYED TO THE STATE OF CALIFORNIA AS DESCRIBED IN A GRANT DEED RECORDED JULY 07, 1988 AS INSTRUMENT NO. 88-213391 OF OFFICIAL RECORDS. APN: 0169-121-06 and 0169-121-10