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1990-0102_SEZZON PROPERTIES, INC._Purchase and Sale AgrI. • . City Copy PURCHASE AND SALE AGREE THIS PURCHASE AND SALE AGREEMENT is made this 2nd day of nuary 19 90 by and between the CITY OF SAN JUAN CAPISTRANO, hereinafter referred to as Buyer, and SEZZON PROPERTIES, INC., hereinafter referred to as Seller. Seller and Buyer mutually agree as follows: Purchase Price/Description of Property/Timing of Payment. Seller agrees to sell and Buyer agrees to buy a portion of that certain real property known as Lot 34, Record of Survey, San Juan Capistrano RS2-46, Official Records of the County of Orange, California, Assessor's Parcels No. 666-292-01 and 666-292-02, in the form of a Slope Easement, more particularly described in Exhibit A attached and incorporated herein by reference. The purchase price for this property shall be $32,000.00. The purchase price shall be paid all in cash. Buyer shall pay to Seller said purchase price within 10 days following City Council's approval of this Agreement. 2. Title. Seller's right to convey said easement shall be free and clear of all liens, encumbrances, easements, restrictions, rights and conditions known to Seller. Buyer may, at Buyer's option, obtain a standard California Land Title Association policy insuring title to Buyer. If Seller fails to deliver fee title as provided herein, Buyer, at its option, may terminate this agreement. 3• Escrow. Buyer, at Buyer's option, may open an escrow with an escrow company of its choice within ten (10) days of execution of this agreement so as to effectuate proper transfer of title. Title to the property shall vest in the "City of San Juan Capistrano, a Municipal Corporation". Buyer shall be responsible for paying all escrow costs. 4. Possession. Possession shall be delivered to Buyer upon transfer of title. 5• Condition of Property. i t3�9_�uyer shall have the right, prior to close of escrow, to inspect the propertyand/peMer shall be responsible for insuring that the property to be acquired is free of all debris. 6. Entire Agreement. This Agreement contains the entire agreement of the parties, and any agreement or representation affecting the property or the duties of the Buyer and Seller in relation thereto, not expressly set forth herein, is null and void. Each party also, in addition to acknowledging receipt of a copy hereof, acknowledges that they have • 0 thoroughly read and understood each of the provisions contained herein prior to signing this document. 7. Time of the Essence. Time is of the essence. Executed at first above written. ATTEST: San Juan Capistrano / ity Cler on the day and year CITY OF SAN JUAN CAPISTRANO "Buyer" a Ti SEZZON PROPERTIES, INC. By Title: f'kx510Z-"r 0 Recorded at the Request of and Return to: CITY CLERK'S OFFICE City of San Juan Capistrano 32400 Paseo Adelanto San Juan Capistrano, CA 92675 40 Documentary Transfer Tax No Tax Due Recording Request Per Government Code Section 6103 MARY ANN HANOVER, CITY CLERK, CITY OF SAN JUAN CAPISTRANO Project No.: Project: Lallovia Avenue Extension Parcel No. 1: CONSTRUCTION AND SLOPE EASEMENT FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, SEZZON PROPERTIES, INC., hereinafter referred to as Grantor, does hereby GRANT to CITY OF SAN JUAN CAPISTRANO, hereinafter referred to as Grantee, a construction and slope easement for street purposes in, on and over the real property in the City of San Juan Capistrano, County of Orange, State of California, described as: ing: DESCRIPTION OF EASEMENT: See "Exhibit A" attached for legal description. The Grantor hereby grants, bargains, sells and conveys to the Grantee the follow- 1. A right, during the period of construction of the LA NOVIA right-of-way extension, to enter the described area to make tests, grade, reinforce and landscape the property in sufficient quantity to allow the construction of the right-of-way on the adjacent property which is owned by the Grantee. 2. A right and obligation on the part of Grantee to continue in perpetuity, to maintain the landscaping and any associated hardscape to assure the continued stability of the slope and the esthetics of the planted area. The Grantee shall maintain landscap- ing after Guarantee's construction of improvement on Grantee's property. 0 0 3. A right and an obligation on the part of Grantee to enter the property to make repairs to the property as may be required. The Grantor reserves the right to construct improvements on the easement granted hereby so long as said improvements do not otherwise violate the building codes of the City of San Juan Capistrano regarding set backs from property lines and do not interfere with the roadway to be built by the City of San Juan Capistrano. The parties agree that this grant of easement shall not affect the rights of the Grantor to construct improvements on the Grantors property, including the easement area and that the existence of the easement shall not affect the normal building set -backs under the building code for the City of San Juan Capistrano. This easement is granted to the Grantee, its heirs, assigns, successors, administra- tors and licensees and is for the benefit of and appurtenant to, the said land of Grantee. IN WITNESS WHEREOF the Grantor has executed this document this day of 1989. SEZZON PROPERTIES, INC. By: COMMONWEALTH OF MASSACHUSETTS ) ss. COUNTY OF ) On 1989, before me, the undersigned, a Notary Public in and for said State, personally appeared I , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person that executed the within instrument as the Secretary of the Corporation that executed the within instrument and acknowledged to me that such corporation executed the within instrument pursuant to its bylaws or a resolution of its board of directors. WITNESS my hand and official seal. [seal] tt a ,;� . 141 E12lly G R P LIC Notary Public misaton Expires On February1993 3 0 EXHIBIT "A" 0 La Novia Avenue Right of Way extension across property owned by Tekmar Development, as recorded in Inst. No. 86-655825, Official Records: Those portions of Section 12, Township 8 South, Range 7 West of the San Bernardino Meridian, in the City of San Juan Capistrano, County of Orange, State of California, according to the Official Plat of said land filed in the District Land Office, April 12, 1875, and that portion of Lot 42, in Township 8 south, Range 7 West, in the Rancho Boca de la Playa in said city and county, as per map recorded in Book 4, pages 118 and 119 of Patent in the office of the County Recorder of Los Angeles County, California, described as follows: For slope easement and construction purposes: BEGINNING at an angle point in the westerly line of a parcel of land shown on a map recorded in Book 91, page 29, Record of Surveys, in the office of said Orange County Recorder, said point being also an angle point in the northwesterly line of Lot 5, as shown on a map recorded in Book 4, page 15, Record of Surveys, in the office of said Orange County Recorder; thence along the westerly line of said parcel of land shown on a map in said Book 91, page 29, North 550 28' 25" East 165.00 feet; thence departing said westerly line North 830 17' 36" West, 262.45 feet to a point on the easterly line of property described in a deed to the State of California, recorded in Book 8404, page 963, Official Records; thence along said easterly line South 90 50' 02" West, 122.00 feet; thence departing said easterly line South 880 26' 25" East, 145.61 feet to the POINT OF BEGINNING. H d c 0 ro Ro 'l L 42 N rl L7 L4 L3 S 09.5p•02. u z Cn n z O p W co 122.00. = oo-U N OD -i z rnm Du� m vA ' �� `�(N'o PC = 2+64. eco O to X 0 n j N U nj (p O d � NMm f*t • N' Ol O y Z N m 'm. y r 09'9Zl 0. =Nm S f y N 1 r 3' Ell y u w 6l _ 1 ti 4 u, N N N 1 Z 1 � J Lp y B. zOD 1 �! w,D U W A F NIu O SIN GJiA 010 O O O W a �d f V5 fig+ �1 I� 1 OD I I q� 8 F U C A ti frr q� 8 F E LAND {r 4_ .. Written Communication: Report dated January 2, 1990, from the City Attorney, regarding the acquisition of a portion of Richard Hall's land (Capistrano Terrace Mobilehome Park) in order to accommodate the construction of the extension of La Novia Avenue. Mr. Shaw noted that no spaces would be affected in the mobilehome park. Approval of Agreement: It was moved by Councilman Schwartze, seconded by Councilman Buchheim, and unanimously carried that the Purchase Agreement be approved, at the fair market value price of $219,000, and the Grant Deed and Slope Easement documents accepted for the acquisition of the Hall property for the La Novia extension. The Mayor and City Clerk were authorized to execute the Agreement on behalf of the City. 2. LAND PURCHASE AGREEMENT - LA NOVIA RIGHT-OF-WAY (SEZZON) (600.30) Written Communication: Report dated January 2, 1990, from the City Attorney, regarding the acquisition of a slope easement on land owned by Sezzon Properties, Inc. in order to accommodate the construction of the La Novia extension. Approval of Agreement: It was moved by Councilman Schwartze, seconded by Councilman Buchheim, and unanimously carried that the Purchase Agreement be approved, at the fair market value price of $32,000, and the Slope Easement documents accepted for the acquisition of the Sezzon easement for the La Novia extension. The Mayor and City Clerk were authorized to execute the Agreement on behalf of the City. -14- 1/2/90 AGENDA ITEM: January 2, 1990 TO: Stephen B. Julian, City Manager FROM: John R. Shaw, City Attorney SUBJECT: Sezzon Land Purchase and Sale Acquisition Agreement SITUATION: As a part of the building of the La Novia extension, it will be necessary to acquire a slope easement on land owned by Sezzon Properties, Inc. to accommodate the construction of the La Novia extension. The slope area in question is identified in the attached exhibits. An appraisal of the slope easement has been prepared by the Schooler Company indicating a fair market value of $32,000. The appraisal has been offered to Sezzon Properties and this offer has been accepted. A Purchase Agreement and Slope Easement have been prepared and signed by Sezzon Properties, Inc. Accordingly, it is recommended that the City Council approve the Purchase Agreement and authorize acceptance of the Slope Easement. COMMISSION/BOARD REVIEW, RECOMMENDATION: Not applicable. FINANCIAL CONSIDERATIONS: The acquisition cost is $32,000. These funds will be funded through the Reimbursement Agreement with Glendale Federal. NOTIFICATION: Not applicable. ALTERNATE ACTIONS: 1. Approve Purchase Agreement and accept Slope Easement. 2. Do not approve these documents. FOR CITY COUNCIL A7 ' 0 RECOMMENDATION: 0 By motion, approve the Purchase Agreement and authorize the Mayor to execute same; accept Slope Easement. Reect ly submitted, JO R. SHAW Ci Attorney JRS/ef Attachments Recorded at the Request of and Return to: CITY CLERK'S OFFICE City of San Juan Capistrano 32400 Paseo Adelanto San Juan Capistrano, CA 92675 Documentary Transfer Tax No Tax Due Recording Request Per Government Code Section 6103 MARY ANN HANOVER, CITY CLERK, CITY OF SAN JUAN CAPISTRANO Project No.: Project: Lallovia Avenue Extension Parcel No. 1: CONSTRUCTION AND SLOPE EASEMENT FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, SEZZON PROPERTIES, INC., hereinafter referred to as Grantor, does hereby GRANT to CITY OF SAN JUAN CAPISTRANO, hereinafter referred to as Grantee, a construction and slope easement for street purposes in, on and over the real property in the City of San Juan Capistrano, County of Orange, State of California, described as: ing: DESCRIPTION OF EASEMENT: See "Exhibit A" attached for legal description. The Grantor hereby grants, bargains, sells and conveys to the Grantee the follow- A right, during the period of construction of the LA NOVIA right-of-way extension, to enter the described area to make tests, grade, reinforce and landscape the property in sufficient quantity to allow the construction of the right-of-way on the adjacent property which is owned by the Grantee. 2. A right and obligation on the part of Grantee to continue in perpetuity, to maintain the landscaping and any associated hardscape to assure the continued stability of the slope and the esthetics of the planted area. The Grantee shall maintain landscap- ing after Guarantee's construction of improvement on Grantee's property. 0 0 3. A right and an obligation on the part of Grantee to enter the property to make repairs to the property as may be required. The Grantor reserves the right to construct improvements on the easement granted hereby so long as said improvements do not otherwise violate the building codes of the City of San Juan Capistrano regarding set backs from property lines and do not interfere with the roadway to be built by the City of San Juan Capistrano. The parties agree that this grant of easement shall not affect the rights of the Grantor to construct improvements on the Grantors property, including the easement area and that the existence of the easement shall not affect the normal building set -backs under the building code for the City of San Juan Capistrano. This easement is granted to the Grantee, its heirs, assigns, successors, administra- tors and licensees and is for the benefit of and appurtenant to, the said land of Grantee. IN WITNESS WHEREOF the Grantor has executed this document this day of �e ( 1989. SEZZON PROP RTIES', INC.. COMMONWEALTH OF MASSACHUSETTS ) D ss. COUNTY OF On � V i !�' 1989 before me, hersigned, a Notary Public in and for said State, personally appeared unde, personally known to me (or proved to me on the basis 4f satisfactory vidence) to be the person that executed the within instrument as the j Ard_4, ,+ Seorsiorof the Corporation that executed the within instrument and acknowledged to me that such corporation executed the within instrument pursuant to its bylaws or a resolution of its board of directors. WITNESS my hand and official seal. [seal] g6n f ra G. Stam - NotW7 Public CommiMton EaMiree On 12 February 1993 EXHIBIT "A" La Novia Avenue Right of Way extension across property owned by Tekmar Development, as recorded in Inst. No. 86-655825, Official Records: Those portions of Section 12, Township 8 South, Range 7 West of the San Bernardino Meridian, in the City of San Juan Capistrano, County of Orange, State of California, according to the Official Plat of said land filed in the District Land Office, April 12, 1875, and that portion of Lot 42, in Township 8 south, Range 7 West, in the Rancho Boca de la Playa in said city and county, as per map recorded in Book 4, pages 118 and 119 of Patent in the office of the County Recorder of Los Angeles County, California, described as follows: For slope easement and construction purposes: BEGINNING at an angle point in the westerly line of a parcel of land shown on a map recorded in Book 91, page 29, Record of Surveys, in the office of said Orange County Recorder, said point being also an angle point in the northwesterly line of Lot 5, as shown on a map recorded in Book 4, page 15, Record of Surveys, in the office of said Orange County Recorder; thence along the westerly line of said parcel of land shown on a map in said Book 91, page 29, North 550 28' 25" East 165.00 feet; thence departing said westerly line North 830 17' 36" West, 262.45 feet to a point on the easterly line of property described in a deed to the State of California, recorded in Book 8404, page 963, Official Records; thence along said easterly line South 90 50' 02" West, 122.00 feet; thence departing said easterly line South 880 26' 25" East, 145.61 feet to the POINT OF BEGINNING. 90 0 H d [%9 �V 0 <<� Rok) 2 �2 N _. L4 L3 r- VA S 09-50.02- `D 722.00. W moo NIW�m W rn 2 PC w my co yP o 2+64.1 �� owo L4ZKn� n na Nrn Nrnm Z�rzNT _ m J l S y�En zN w 3pZ0. U 1 O 6l 5l1 y N rn _ Z�� + C-) ,' £p.r 'o. co ■ J J OD W N U (.!LA O O O O . O f W 08 m co ■ r Z m ti m , o'gj VACCf ROAD N 1 0 0 PURCHASE AND SALE AGREEMENT THIS PURCHASE AND SALE AGREEMENT is made this day of '19____, by and between the CITY OF SAN JUAN CAPISTRANO, hereinafter referred to as Buyer, and SEZZON PROPERTIES, INC., hereinafter referred to as Seller. Seller and Buyer mutually agree as follows: Purchase Price/Description of Property/Timing of Payment. Seller agrees to sell and Buyer agrees to buy a portion of that certain real property known as Lot 34, Record of Survey, San Juan Capistrano RS2-46, Official Records of the County of Orange, California, Assessor's Parcels No. 666-292-01 and 666-292-02, in the form of a Slope Easement, more particularly described in Exhibit A attached and incorporated herein by reference. The purchase price for this property shall be $32,000.00. The purchase price shall be paid all in cash. Buyer shall pay to Seller said purchase price within 10 days following City Council's approval of this Agreement. 2. Title. Seller's right to convey said easement shall be free and clear of all liens, encumbrances, easements, restrictions, rights and conditions known to Seller. Buyer may, at Buyer's option, obtain a standard California Land Title Association policy insuring title to Buyer. If Seller fails to deliver fee title as provided herein, Buyer, at its option, may terminate this agreement. 3. Escrow. Buyer, at Buyer's option, may open an escrow with an escrow company of its choice within ten (10) days of execution of this agreement so as to effectuate proper transfer of title. Title to the property shall vest in the "City of San Juan Capistrano, a Municipal Corporation". Buyer shall be responsible for paying all escrow costs. 4. Possession. Possession shall be delivered to Buyer upon transfer of title. 5. Condition of Property. �oye�uyer shall have the right, prior to close of escrow, to inspect the propert and/45eifer shall be responsible for insuring that the property to be acquired is free of all debris. 6. Entire Agreement. This Agreement contains the entire agreement of the parties, and any agreement or representation affecting the property or the duties of the Buyer and Seller in relation thereto, not expressly set forth herein, is null and void. Each party also, in addition to acknowledging receipt of a copy hereof, acknowledges that they have thoroughly read and understood each of the provisions contained herein prior to signing this document. 7. Time of the Essence. Time is of the essence. Executed at first above written. on the day and year CITY OF SAN JUAN CAPISTRANO "Buyer" By: Ti SEZZON PROPERTIES, INC. By � Title: i • January 5, 1990 Sezzon Properties, Inc. c/o Tekmar Development 9 Newberry Street Boston, Massachusetts 02171 Re: La NoviaLa Novia Right -of -Way -of -Way Gentlemen: MEMBERS OF THE CITY COUNCIL ANTHONY L. BLAND LAWRENCE F. BUCHHEIM KENNETH E. FRIESS GARY L. HAUSOORFER PHILLIP R. SCHWART2E CITY MANAGER STEPHEN B JULIAN At their regular meeting held January 2, 1990, the City Council of the City of San Juan Capistrano approved the agreement to purchase a portion of land owned by Sezzon Properties @ $32,000 in order to construct the extension of La Novia Avenue. Council also authorized acceptance of a Slope Easement necessary for that construction. A fully -executed copy of the Purchase and Sale Agreement is enclosed for your files. The Slope Easement has been forwarded to the Orange County Recorder, If you have any questions, please do not hesitate to call. Very truly yours, Mary Ann Hanover, CMC. City Clerk MAH/c) Enclosure cc: Gerald Gibbs City Attorney X1400 FASEO AUEt AN (0 r1AN )11:.•1 i:.01' IHANO. CALIFORNIA 92675 6 (714) 499-1171