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HomeMy WebLinkAboutAGRMT NO RP20-024AGREEMENT NO. R P 2 0 0 2 4 AGREEMENT FOR DEDICATION OF PARK LAND WITHIN TRACT NO. 7335 THIS AGREEMENT is made and entered into on JUL 2 3 2020 , by and between the CITY OF BAKERSFIELD, a municipal corporation ("CITY" herein), and SUMMIT CAPITAL VENTURES, INC., a California corporation ("SUBDIVIDER" herein). RECITALS WHEREAS, on October 5, 2006, CITY obtained a 1.70 acre public park lot hereinafter "Parcel A") within Tract 6578 (Resolution No. 202-06), more particularly described in the legal description and map attached as Exhibit "A"; and WHEREAS, on March 7, 2019, the Planning Commission approved Vesting Tentative Tract 7335 on approximately forty (40) acres for single family residential development generally located west of Windermere Street and north of Panama Lane, which also includes one park site; and WHEREAS, the conditions of approval for Tract 7335 (Resolution 41-19) require SUBDIVIDER, among other things, to dedicate 0.93 acres (hereinafter Parcel B"), more particularly described in the legal description and map attached and incorporated by reference herein as Exhibit "B" to satisfy SUBDIVIDER's park land requirement and to enter into this Dedication Agreement with CITY to set forth the terms of said dedication and to provide CITY the opportunity to purchase 4.67 acres of park land; and WHEREAS, it is the intent of CITY to create a public CITY park with the CITY owned Parcel A combined with SUBDIVIDER'S dedicated parcel (described below and throughout herein as Parcel B), and the acquisition of 4.67 acres of land sometime in the future, (hereinafter "Parcel C"), more particularly described in the legal description and map attached as Exhibit "C"; and WHEREAS, SUBDIVIDER or its successor in interest is subject to the provisions of BMC Section 15.66.080 (b)and prior to the recordation of Phase 3 of Tract 7335, SUBDIVIDER or its successor in interest shall re -abandon the well on Parcel C in accordance with any remedial operations as required by California Geologic Energy Management ("CALGEM"), previously known as Department of Conservation's Division of Oil, Gas, and Geothermal Resources ("DOGGR"); and WHEREAS, the transfer of ownership interests of said real property for park purposes is categorically exempt from CEQA under Section 15325 Class 25. aNKF, C'.AUsersVcolero1\AppDotoAlowlUnlcrosollA.IndowsVlNelCacheAContent,ONlookV865VHW99APast- SummilCapiblimd]33SAgrllocx Y- m J Page 1 of 9 Pages— GR;SNAI NOW, THEREFORE, incorporating the foregoing recitals herein, CITY and SUBDIVIDER mutually agree as follows: AGREEMENT TO DEDICATE PARCEL B. SUBDIVIDER shall dedicate Parcel B which consists of 0.93 acres. 1.1. Dedication of Parcel B by SUBDIVIDER satisfies its park land requirement of Chapter 15.80 of the Bakersfield Municipal Code for Tract 7335. 1.2. Dedication by SUBDIVIDER to CITY under this Agreement shall occur prior to the recordation of Phase 1 of Tract 7335. 1.3. ESCROW. 1.3.1 ESCROW HOLDER. The dedication of Parcel B shall be consummated by means of an escrow to be opened at the office of Placer Title Company, 4180 Coffee Road, Bakersfield, CA 93308, Attn: Kari Oliver -Boyd. 1.3.2 OPENING OF ESCROW. Seller shall open escrow within ten (10) working days of the full execution of this Agreement. 1.3.3 ESCROW INSTRUCTIONS. Within twenty (20) working days of execution of this Agreement by all parties, each shall deliver to Escrow Holder appropriately executed escrow instructions or file a written protest detailing what instructions are not acceptable. This Agreement shall serve as the parties' instructions to the Escrow Holder and shall become part of the escrow instructions for the dedication of Parcel B. SELLER and BUYER agree to execute such additional and supplementary instructions as may be appropriate or required by Escrow Holder to comply with the terms of this Agreement; provided, however, that in the event of any conflict between this Agreement and any additional or supplementary escrow instructions, the terms of this Agreement shall control, unless the parties jointly agree to the contrary. 1.3.4 ESCROW TERMS. It is agreed by SUBDIVIDER that the escrow for Parcel B shall include the obligation of SUBDIVIDER or its successor in interest to authorize and instruct the Escrow Holder to debit SUBDIVIDER and credit CITY the sum of 2,000.00 at close of escrow for Parcel B for reimbursement of appraisal costs. 9T C:AWW5AColesonAAppDataALocoIAMardianAWind owSVINdCoChoAConte ntOol1ookNB65VHWB9APah-SummltCopitapraaV335.AgCdocx J b Page 2 of 9 Pages — OR13 NAL 1.3.5 UTILITIES. SUBDIVIDER shall provide all utilities service points to Parcel B, to include but not limited to sewer, electrical, and a 4" water service line. Services shall be indicated on final record construction drawings submitted to the City of Bakersfield. 1.3.6 CLOSING COSTS. SUBDIVIDER shall pay all closing costs including, but not limited to: all escrow fees, recording fees documentary transfer taxes, title insurance, all real property taxes and assessments accruing up to the close of escrow, and the cost, if any, to clear title to Parcel B. SUBDIVIDER shall fully pay the full amount of any bond or assessment which is a lien upon the Property. 1.3.7 CLOSING DATE. Escrow shall close no later than thirty 30) days after satisfaction of all contingencies in this Agreement, unless extended by mutual agreement of the parties hereto. 1.4 PRELIMINARY TITLE REPORT AND DOCUMENTS. Within ten (10) working days of full execution of this Agreement by all parties the following shall occur: 1.4.1 SUBDIVIDER shall provide City with a preliminary title report (herein "PTR") concerning Parcel B, issued by a Title Company, together with copies of reproducible documents referred to in such PTR, if any. 1.4.2 SUBDIVIDER shall provide CITY copies of all currently effective unrecorded tenant leases, licenses, or other agreements relating to the Parcel B. 1.4.3 CITY shall deliver to SUBDIVIDER its written approval or disapproval of any exceptions to the title within ten (10) working days after CITY's receipt thereof. If, after receipt of disapproval of any exceptions to the title. SUBDIVIDER does not elect to cure all of said exceptions, then CITY shall have the right either to accept title to Parcel B subject to said exceptions, thereby waiving any and all claims against SUBDIVIDER by reason thereof, or to terminate this Agreement. CITY shall give SUBDIVIDER such written notice of CITY's election within the ten (10) working days after receipt of SUBDIVIDER's election not to cure. If CITY elects to terminate this Agreement, thereafter neither SUBDIVIDER nor CITY shall have any furtherk;,Nx 4,, C'AUsersVmlasonAMP afoAtrawlAMicrosoftAPontloonV NeiCpcFeACoM-e D0.,AB65VHWB9APor< SoMT[Ccpltalimct7335Agr.docx - m Page 3 of 9 Pages -- '3na.,,,haL liability hereunder, except that CITY shall be entitled to the prompt return of all funds deposited by CITY with SUBDIVIDER, less reasonable escrow cancellation fees and costs and title company charges which CITY hereby agrees to pay. 1.5 CONTINGENCIES. The closing of the Parcel B transaction is contingent upon the satisfaction or waiver of the following contingencies: 1.5.1 SITE ASSESSMENT. A favorable environmental site assessment to be performed by CITY. 1.5.2 CONDITION OF TITLE. CITY's written approval of a current PTR concerning Parcel B issued by the Title Company, as well as all documents referred to in the PTR or this Agreement (the "Underlying Documents"), and the issuance by the Title Company of the title policy. SUBDIVIDER shall cause the PTR and all Underlying Documents to be delivered to CITY promptly after the date of this Agreement. CITY's approval is to be given within ten (10) days after receipt of said PTR and legible copies of all Underlying Documents. The disapproval by CITY of any monetary encumbrance, which by the terms of the Agreement is not to remain against Parcel B after the closing, shall not be considered a failure of this condition, as SUBDIVIDER shall have the obligation, atSUBDIVIDER's expense, to satisfy and remove such disapproved monetary encumbrance at or before the closing. 1.5.3 EXISTING LEASES AND TENANCY STATEMENTS. CITY's written approval, within ten (10) days after receipt of legible copies of all leases, subleases or rental arrangements collectively the "Existing Leases") affecting Parcel B. 1.5.4 SURFACE RIGHTS. SUBDIVIDER agrees to obtain surface rights waivers from all parties of interest prior to the close of escrow. 1.5.5 OTHER AGREEMENTS. CITY's written approval, within ten (10) days after receipt, of a copy of any other agreements Other Agreements") known to SUBDIVIDER that will affect Parcel B beyond the closing. CITY shall cause said copies to be delivered to SUBDIVIDER promptly after the date of this Agreement. These agreements shall be part of the Underlying Documents. o`gAK 9sT C'AUsersVcole on\AppDofoALowlAMicosol AK'IndowsVNe CacFeACon anfANlookVB65VHWB9APah3ommilCaplblLotl]335A9r.Cocx Page 4 of 9 Pages OR.3:NAL 1.5.6 MATERIAL CHANGE. No material change shall have occurred with respect to Parcel B that has not been approved in writing by CITY, which shall have twenty (20) days following receipt of written notice from any source of any such Material Change within which to approve or disapprove same. Unless otherwise notified in writing by either party, Escrow Holder shall assume that no Material Change has occurred prior to close of escrow. 1.5.7 All above contingencies are for the benefit of, and may be waived in writing by, CITY and may be elsewhere herein referred to as "City Contingencies." 1.6 SUBDIVIDER'S WARRANTIES. SUBDIVIDER hereby makes the following warranties and representations, as of the date of this Agreement, to BUYER which shall survive the closing and delivery of the Grant Deed for Parcel B for a period of five (5) years. 1.6.1 AUTHORITY OF SUBDIVIDER. SUBDIVIDER warrants and represents that they are the sole owners, in fee simple, of and have the right and legal ability to transfer Parcel B to the BUYER as set forth in this Agreement. 1.6.2 LEGAL PROCEEDINGS. SUBDIVIDER has no knowledge of any actions, lawsuits, or proceedings pending or threatened before any commission, board, bureau, agency, arbitrator, court, or tribunal that would affect The Property or the right to occupy or utilize some. 1.6.3 BANKRUPTCY PROCEEDINGS. SUBDIVIDER is not the subject of a bankruptcy, insolvency, or probate proceeding and has not notice of knowledge that any tenant, lessee, or other person/entity possessing an interest in The Property is the subject of a bankruptcy or insolvency proceeding. 1.6.4 CONVEYANCE OF TITLE. SUBDIVIDER agrees to convey to CITY fee simple marketable title to Parcel B free and clear of all recorded and unrecorded liens, encumbrances, assessments, easements, leases, contracts and taxes, excepting those agreed to in writing by CITY. SUBDIVIDER shall have provided CITY evidence of compliance with Bakersfield Municipal Code Title 16 regarding mineral rights. Any and all water rights accruing to the Property shall also be transferred to CITY without reservation unless water rights run to Cal Water. Within thirty (30) days of execution of this Agreement by all, QNK,gq T C.AUsersVcolesonAAppCo aAbmlUAlnosoO0ookVB65VHWB9APah-Su OCapiblll'act7335A,, do,, Page 5 of 9 Pages — ,,NAL parties, SUBDIVIDER shall execute a Grant Deed which conveys fee simple title to Parcel B to CITY and shall deliver same to Escrow Holder. 2. INDEMNITY. SUBDIVIDER shall indemnify, defend, and hold harmless CITY, its officers, agents and employees against any and all liability, claims, actions, causes of action or demands whatsoever against them, or any of them, before administrative or judicial tribunals of any kind whatsoever, arising out of, connected with, or caused by SUBDIVIDER, SUBDIVIDER's employees, agents, independent contractors, companies, or subcontractors in the performance of, or in any way arising from, the terms and provisions of this Agreement whether or not caused in part by a party indemnified hereunder, except for CITY's sole active negligence or willful misconduct. 3. MERGER AND MODIFICATION. This Agreement sets forth the entire Agreement between the parties and supersedes all other oral or written representations. This Agreement may be modified only in a writing approved by the City Council and signed by all the parties. 4. EXHIBITS. In the event of a conflict between the terms, conditions or specifications set forth in this Agreement and those in exhibits attached hereto, the terms, conditions, or specifications set forth in this Agreement shall prevail. All exhibits to which reference is made in this Agreement ore deemed incorporated in this Agreement, whether or not actually attached. 5. GOVERNING LAW. The laws of the State of California will govern the validity of this Agreement, its interpretation and performance. Any litigation arising in any way from this Agreement shall be brought in Kern County, California. 6. SEVERABILITY. If any provision of this Agreement may prove to be invalid, void or illegal, it is the intent of the parties that all other provisions of this Agreement shall remain fully valid, enforceable and binding on the parties hereto. 7. NO WAIVER OF DEFAULT. The failure of any party to enforce against another a provision of this Agreement shall not constitute a waiver of that party's right to enforce such a provision at a later time and shall not serve to vary the terms of this Agreement. B. COUNTERPARTS. This Agreement may be executed simultaneously or in one or more counterparts, each of which shall be deemed an original but all of which together constitute one and the some instrument. 9. EXECUTION. This Agreement is effective upon execution. It is the product of negotiation and all parties are equally responsible for authorship of this oF,M4F9s C\Users\coleson\App(>o a\Local\Miaasol\Wmtlows\INeICacM1e\Conten00ook\B65VHWB9\Pa,k-SummltCopltaR1.c1]395Agr tlocx Page b of 9 Pages -- o o na,,;AAL Agreement. Section 1654 of the California Civil Code shall not apply to the interpretation of this Agreement. 10. CORPORATE AUTHORITY. Each individual signing this Agreement on behalf of entities represents and warrants that they are, respectively, duly authorized to sign on behalf of the entities and to bind the entities fully to each and all of the obligations set forth in this Agreement. 11. NON-INTEREST. No officer or employee of the CITY shall hold any interest in this Agreement (California Government Code section 1090). 12. ACCEPTANCE. The acceptance of work or services, or payment for work or services, by CITY shall not constitute a waiver of any provisions of this Agreement. 13. ASSIGNMENT. Neither this Agreement nor any rights, interests, duties, liabilities, obligations or responsibilities arising out of, concerning or related in any way to this Agreement (including, but not limited to, accounts, actions, causes of action, claims, damages, demands, liabilities, losses, obligations, or reckonings of any kind or nature whatsoever, for compensatory or exemplary and punitive damages, or declaratory, equitable or injunctive relief, whether based on contract, equity, tort or other theories of recovery provided for by the common or statutory law) may be assigned or transferred by any party. Any such assignment is prohibited, and shall be unenforceable and otherwise null and void without the need for further action by the non -assigning party or parties. 14. COMPLIANCE WITH ALL LAWS. SUBDIVIDER shall, at SUBDIVIDER's sole cost, comply with all of the requirements of Municipal, State, and Federal authorities now in force, or which may hereafter be in force, pertaining to this Agreement, and shall faithfully observe in all activities relating to or growing out of this Agreement all Municipal ordinances and State and Federal statutes, rules or regulations, and permitting requirements now in force or which may hereafter be in force including, without limitation, obtaining a City of Bakersfield business tax certificate (Bakersfield Municipal Code Chapter 5.02) where required. 15. COVENANTS RUN WITH THE LAND. All provisions of this Agreement shall run with the land and be binding upon the parties, their respective heirs, administrators, executors, successors, assigns, devisees, representatives, and all other persons or entities acquiring the property (or any portion thereof or interest therein) which is the subject of this Agreement. 16. RECORDATION. This Agreement shall be recorded at the Kern County Hall of Records. aFOAKF Ts CWsersVmlesonAMppafoALocalAMlcromFl\WmtlowsV NetCacM1aAContanlONlookV865VHW69APorASummFCapllalimcl]335.1 q[Oocx rF- Page 7 of 9 Pages -- 01L 17. NOTICES. All notices relative to this Agreement shall be given in writing and shall be personally served or sent by certified or registered mail and be effective upon actual personal service or depositing in the United States mail. The parties shall be addressed as follows, or at any other address designated by notice: CITY: CITY OF BAKERSFIELD RECREATION AND PARKS DEPARTMENT 1600 Truxtun Avenue Bakersfield, California 93301 Telephone: (661)326-3866 SUBDIVIDER: SUMMIT CAPITAL VENTURES, INC. Attention: Greg Balfanz 8701 Swigert Court Bakersfield, CA 93311 Telephone: 661-589-0717 18. TAX NUMBERS. SUBDIVIDER's Federal Tax Identification Number: 77-0501440 Is SUBDIVIDER a corporation? Yes x No Please check one.) 19. FURTHER ASSURANCES. Each party shall execute and deliver such papers, documents and instruments, and perform such acts as are necessary or appropriate, to implement the terms of this Agreement and the intent of the parties to this Agreement. 20. HAZARDOUS MATERIALS. SUBDIVIDER knows of no hazardous material stored, dumped or in any way placed in, on, over or about the Property. SUBDIVIDER knows of no activities, either public or private, wherein SUBDIVIDER or a third party has placed or dumped any hazardous material of any nature in, on, over or about Parcel B. SUBDIVIDER takes full responsibility for cleaning up any hazardous material placed in, on or about the Property at any time prior to CITY taking title and hereby fully indemnifies CITY, and CITY's successors and assigns, from any and all liability, claims, actions, causes of action or demands whatsoever for clean up of hazardous materials found in, on, over or about the Property placed prior to CITY taking title. 21. NEGATION OF PARTNERSHIP. CITY shall not become or be deemed a partner or joint venturer with SUBDIVIDER or associate in any such relationship with SUBDIVIDER by reason of the provisions of this Agreement. SUBDIVIDER shall not for any purpose be considered an agent, officer or employee of CITY. nQgAK 9 GVUsersVcolesonAAppna aALocalAM[croso lA1.ndp.N..ca111ACont—t.al1.o,VB65VHWB9APph-S,,miteapila1imcV035A,,,tlpv F, Page 8 of 9 Pages -- `app G NAL IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed, the day and year first -above written. CITY" CITY OF BAKERSFIELD 01/ By. KAREN GOH Mayor APPROVED AS TO FORM: VIRGINIA GENNARO City Attorney By: a CHRISTINA J. qLESON Deputy City Attorney Insurance: APPROVED AS TO CONTENT: RECREATION AND PARKS By: IN.T6Z0Vi\4.. DIANNE HOOVER Recreation and Parks Director COUNTERSIGNED: By:_/4 10::: RA10Y I&KEEGAN Finance Director SUBDIVIDER" SUMMIT CAPITAL VENTURES, INC., A California corporation By GREG BALF I Z President and CEO CJO:pd/vlg Attachments: Exhibit A- Legal Description and Map of Park Parcel A Exhibit B- Legal Description and Map of Park Parcel 8 Exhibit C- Legal Description and Map of Park Parcel C o``AK 9s Tm CAUsersVmlbsonAAppf)otoAlocalAMico'-In-Pd-o\IN&C.oheACoItelt00,,kVM5VHM9APair-NmmilCop rdr,W7335A,ft,, V J OR13NAL Page 9 of 9 Pages -- m Title ONerftm m: He Numlxr: 1503-2889626 Exhibit "A" Real property in the City of Bakersfield, County of Kenn, State of California, described as follows BEING A PORTION OF LOT "A" OF LOT LINE ADJUSTMENT NO, 05-1841, AS EVIDENCED BY THAT CERTAIN CERTIFICATE OF COMPLIANCE RECORDED APRIL 21, 2006, AS INSTRUMENT NO. 06-98311 OF OFFICIAL RECORDS, IN THE OFFICE OF THE KERN COUNTY RECORDER; ALSO BEING A PORTION OF SECTION 24, TOWNSHIP 30 SOUTH, RANGE 26 EAST, M.D.M., CITY OF BAKERSFIELD, COUNTY OF KERN, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: COMMENCING AT THE WEST QUARTER CORNER OF SAID SECTION 24, BEING MARKED BY A KERN COUNTY SURVEYOR'S CONCRETE MONUMENT IN A LAMPHOLE, STAMPED FOR CORNER PER TRACT NO. 6349 PHASE 5, FILED FOR RECORD IN BOOK 54 AT PAGE 30 OF MAPS, IN THE OFFICE OF THE KERN COUNTY RECORDER, SAID POINT ALSO BEING THE CENTERLINE INTERSECTION OF PENSINGER ROAD AND SOUTH ALLEN ROAD; THENCE SOUTH 00°55'49" WEST, ALONG THE WEST LINE OF SAID SECTION AND THE CENTERLINE OF SAID SOUTH ALLEN ROAD, A DISTANCE OF 719.55 FEETTO THE SOUTHERLY BOUNDARY OF SAID LOT "A"; THENCE SOUTH 89°04'11" EAST, ALONG SAID SOUTHERLY BOUNDARY, A DISTANCE OF 392.25 FEETTO THE POINT OF BEGINNING; THENCE ALONG THE FOLLOWING TEN (10) COURSES: 1) DEPARTING SAID SOUTHERLY BOUNDARY, NORTH 00°35'27" EAST, A DISTANCE OF 91.79 FEET TO THE BEGINNING OF A CURVE, CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 20.00 FEET, THENCE 2) NORTHEASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 90°00'00", AN ARC DISTANCE OF 31.42 FEET; THENCE 3) SOUTH 89°24'33" EAST, A DISTANCE OF 455.16 FEETTO THE BEGINNING OF A CURVE, CONCAVE NORTHERLY, HAVING A RADIUS OF 530.00 FEET; THENCE 4) EASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 17°53'47", AN ARC DISTANCE OF 165.55 FEET; THENCE 5) NORTH 72°41'40" EAST, A DISTANCE OF 149.35 FEET TO THE BEGINNING OF A CURVE, CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 20.00 FEET; THENCE 6) SOUTHEASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 96°04'07", AN ARC DISTANCE OF 33.53 FEET TO THE BEGINNING OF A COMPOUND CURVE, CONCAVE WESTERLY, HAVING A RADIUS OF 470.00 FEET; THENCE 7) SOUTHERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 06°58'14", AN ARC DISTANCE OF 57.18 FEET TO THE SOUTHERLY BOUNDARY OF SAID LOT "A"; THENCE 8) NORTH 89°24'33" WEST, ALONG SAID SOUTHERLY BOUNDARY, A DISTANCE OF 176.11 FEET; THENCE 9) SOUTH 53°23'08" WEST, CONTINUING ALONG SAID SOUTHERLY BOUNDARY, A DISTANCE OF 189.76 FEET; THENCE 10) NORTH 89°0411" WEST, CONTINUING ALONG SAID SOUTHERLY BOUNDARY, A DISTANCE OF 486.92 FEET TO THE POINT OF BEGINNING. r JORIGINAL mm EXCEPTING THEREFROM ALL OIL RIGHTS, MINERAL RIGHTS, NATURAL GAS RIGHTS AND RIGHTS OF ALL OTHER HYDROCARBONS BY WHATSOEVER NAME KNOWN, AND TO ALL PRODUCTS DERIVED FROMANYOFTHEFOREGOING (COLLECTIVELY, "SUBSURFACE RESOURCES'); AND, THE PERPETUAL RIGHT TO DRILL, MINE, EXPLORE AND OPERATE FOR AND TO PRODUCE, STORE AND REMOVE ANY OF THESUBSURFACERESOURCESONORFROMTHELAND, INCLUDING THE RIGHT TO WHIPSTOCK OR DIRECTIONALLY DRILL AND MINE FROM LANDS OTHER THAN THE LAND, WELLS, TUNNELS AND SHAFTS INTO, THROUGH OR ACROSS THE SUBSURFACE OF THE LAND, AND TO BOTTOM SUCHWHIPSTOCKORDIRECTIONALLYDRILLEDWELLS, TUNNELS AND SHAFTS WITHIN OR BEYOND THE EXTERIOR LIMITS OF THE LAND, AND TO REDRILL, RETUNNEL, EQUIP, MAINTAIN, REPAIR, DEEPEN AND OPERATE ANY SUCH WELLS OR MINES, BUT WITHOUT THE RIGHT TO ENTER UPON THE SURFACE OF THE LAND OR DRILL, MINE EXPLORE, OPERATE, PRODUCE, STORE OR REMOVE ANY OF THE SUBSURFACE RESOURCES THROUGH THE SURFACE OR THE UPPER FIVE HUNDRED (500) FEET OF THE SUBSURFACE OF THE LAND AS RESERVED IN GRANT DEED RECORDED APRIL 21, 2006 AS INSTRUMENT NO. 06-98316 OF OFFICIAL RECORDS. APN: 524170-16 EXHIBIT `B" PARCEL`B" LEGAL DESCRIPTION ALL THAT PORTION OF LOT I OF LOT LINE ADJUSTMENT NO. 17-0459 PER THE CERTIFICATE OF COMPLIANCE RECORDED SEPTEMBER 14, 2018 AS DOCUMENT NO. 218121414 OF OFFICIAL RECORDS IN THE OF THE OFFICE OF THE KERN COUNTY RECORDER, ALSO BEING A PORTION OF THE SOUTH HALF OF SECTION 24, TOWNSHIP 30 SOUTH, RANGE 26 EAST, M.D.M., IN THE CITY OF BAKERSFIELD, COUNTY OF KERN, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTH LINE OF SAID LOT 1, FROM WHICH POINT THE NORTHWEST CORNER THEREOF BEARS NORTH 89004"11" WEST, 392.25 FEET; THENCE SOUTH 89004"11" EAST ALONG SAID NORTH LINE, 145.65 FEET; THENCE SOUTH Oo36'04" WEST, 277.28 FEET; THENCE NORTH 89024'33" WEST, 145.65 FEET; THENCE NORTH 0036'04" EAST, 278.14 FEET TO THE POINT OF BEGINNING. CONTAINING 40,448 SQUARE FEET (0.93 ACRES), MORE OR LESS LAND IVICINTOSH 4".roQ P`0 J bq to%`moiP 661-834-4814 • 661-834-0972 * t 2001 Wheelan Court • Bakersfield, CA 93309'j, N . a k1 DAM gAKF9 P:\PROJECTS\04159.15.1-T7335BAL\Legals\04159151EM05 PARCEL B.doc JD 00610212020 ^ J nau,NAL EASEMENT LEGEND 1 A STREET RIGHT-OF-WAY DEED TO THE CITY OF BAKERSFIELDRECORDEDAPRIL21, 2006 AS DOC. No. 0206098312, O.R. EXHIBIT T' GRANT DEED TO THE CITY OF BAKE2008 AS RECORDED 30820,RO 29. 2008 AS DOC No. 0208030820, OR NORTH LINE OF LOT 1OFLLAIN1OT9 537.90' 145.65' POINT OF BEGINNING PARCEL °B" 40,448 S.F. 0.93 AC ) LANG 1 54,0 SLgL - N89'24'33'W 145.65'- EDE RR"' 1 a ' 30 LOT 1 LLA No. 17-0459Cy PER CERTIFICATE OF COMPLIANCE RECORJEO t / SEPTEMBER 14, 2018 AS DOC. N. 218121414, O.R. fV /Zl 41., 561ry dam¢ «( 25' 0 50' Tf- OF CAL1 n 50 12.5 L( SCALE: 1" = 50' MCIMOSH SUMMIT CAPITAL VENTURES, INC., A CALIF. CORP. DATE "o6/02,2°151 qa PORTION OF LOT 1 OF LLA No. 17-0459 ooEENO 041591 DAocol 'la' SHEET 1 of r TRACT No. 6578 UNIT 9'I M. BK 63, PGS_ 107-109 NORTHWEST COR. OF LOT 1 C 30' OF LLA No. 17-0459 0 a0 589'04'11"E Wz CC i A 39225' Q - 27LJ e j 55 z J Q I JI iQ n sl Iof PANAMA LANE S . COR. SEC. 24, T.30S., R.26E, M.D.M. EXHIBIT T' GRANT DEED TO THE CITY OF BAKE2008 AS RECORDED 30820,RO 29. 2008 AS DOC No. 0208030820, OR NORTH LINE OF LOT 1OFLLAIN1OT9 537.90' 145.65' POINT OF BEGINNING PARCEL °B" 40,448 S.F. 0.93 AC ) LANG 1 54,0 SLgL - N89'24'33'W 145.65'- EDE RR"' 1 a ' 30 LOT 1 LLA No. 17-0459Cy PER CERTIFICATE OF COMPLIANCE RECORJEO t / SEPTEMBER 14, 2018 AS DOC. N. 218121414, O.R. fV /Zl 41., 561ry dam¢ «( 25' 0 50' Tf- OF CAL1 n 50 12.5 L( SCALE: 1" = 50' MCIMOSH SUMMIT CAPITAL VENTURES, INC., A CALIF. CORP. DATE "o6/02,2°151 qa PORTION OF LOT 1 OF LLA No. 17-0459 ooEENO 041591 DAocol 'la' SHEET 1 of r EXHIBIT "C" PARCEL"C" LEGAL DESCRIPTION ALL THAT PORTION OF LOT 1 OF LOT LINE ADJUSTMENT NO. 17-0459 PER THE CERTIFICATE OF COMPLIANCE RECORDED SEPTEMBER 14, 2018 AS DOCUMENT NO_ 218121414 OF OFFICIAL RECORDS IN THE OF THE OFFICE OF THE KERN COUNTY RECORDER, ALSO BEING A PORTION OF THE SOUTH HALF OF SECTION 24, TOWNSHIP 30 SOUTH, RANGE 26 EAST, M.D.M, IN THE CITY OF BAKERSFIELD, COUNTY OF KERN, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTH LINE OF SAID LOT 1, FROM WHICH POINT THE NORTHWEST CORNER THEREOF BEARS NORTH 89004"11" WEST, 537.90 FEET; THENCE ALONG SAID NORTH LINE: SOUTH 89°04'11" EAST, 341.27 FEET; NORTH 53°23'08" EAST, 189.76 FEET AND SOUTH 89°24'33" EAST, 176.12 FEET TO A POINT ON A 470.00 FOOT RADIUS NON -TANGENT CURVE FROM WHICH POINT THE CENTER OF SAID CURVE BEARS SOUTH 85044'02" WEST; THENCE SOUTHERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 18047'10", AN ARC DISTANCE OF 154.10 FEET; THENCE SOUTH 14031'12" WEST, 143.71 FEET TO A 530.00 FOOT RADIUS TANGENT CURVE, CONCAVE EASTERLY; THENCE SOUTHERLY ALONG LAST SAID CURVE, THROUGH A CENTRAL ANGLE OF 10041'04", AN ARC DISTANCE OF 98.83 FEET; THENCE NORTH 89024'33" WEST, 607.11 FEET; THENCE NORTH 0035'54" EAST, 27728 FEET TO THE POINTOFBEGINNING CONTAINING 4.67 ACRES, MORE OR LESS Q. 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