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HomeMy WebLinkAboutCC RESO 11,694RESOLUTION NO. 11,694 RESOLUTION AUTHORIZING EXECUTION OF CORPORATION GRANT DEED TO P.K.M., A CALIFORNIA PARTNERSHIP BE IT RESOLVED by the City Council of the City of National City, California as follows: That the Mayor and the City Clerk are authorized and directed to execute and attest that certain Corporation Grant Deed to P.K.M., a partnership, the property more fully described in said Corporation Grant Deed, a copy of which is attached hereto and is hereby incorporated by reference. PASSED AND ADOPTED this 18th day of February, 1975. ATTEST: AND WHEN RECORDED MAIL THIS DEED AND, UNLESS OTHERWISE SHOWN BELOW, MAIL TAX STATEMENTS TO: NAME STREET ADDRESS CITY, STATE ZIP P K M c/o Mr. M. McMillin, Jr. 148 East 30th Street LNational City, CA 9205_9 Title Order No 2928 2 0— REscrow No..4.6.6.41-P This space for Recorder's use Corporation Grant Deed N. C. Res. THE UNDERSIGNED GRANTOR(s) DECLARE(s) DOCUMENTARY TRANSFER TAX is $ 38.50 g r computed on full value of property conveyed, or ❑ computed on full value less value of liens or encumbrances remaining at time of sale, ❑ Unincorporated Area ® City o$xlational---C-i-ty and Tax Parcel No. FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, No. 11,694 0 THE CITY OF NATIONAL CITY, a Municipal Corporation hereby GRANT(S) to P K M, a partnership the following described real property in the State of California, County of San Diego: Lots 1 through 20 inclusive in Block 2 and the Easterly 10.00 feet of "A" Avenue and the Westerly 40.00 feet of "B" Avenue closed to the public use in Budd Villa Tract along with the 20 foot Alley in Block 2 closed to the Public per document dated December 19, 1919, Resolution #574 of the City of National City recorded February 19, 1975 as file #75-037745; all being in the City of National City, County of San Diego, State of California according to Map thereof #1067 filed in the Office of the Recorder in the County of San Diego, June 19, 1907. Exceptions and reservations are particularly described on the attached Exhibit "A", made a part hereof. This Conveyance is subject to the Terms and Conditions as contained in the attached Exhibit "B" incorporated into and made a part hereof. Dated 21 February 1975 STATE OF CALIFORNIA, COUNTY OF Sin Diego_ On 12 February 1975 before me, the under signed, a Notary Public in and for said County and State, per- sonally appeared—KiLe__Mo 9-af known to the to he t c May° / y{N, and Lone nogue_CamphelL , known to me to be City -Clerk_ /yii/r/ of the corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument on behalf of the corporation therein named, and acknowledged to use that such corporation executed the within instrument pursuant to its by-laws or resolution of its board of directors. Signature of Notary SS. a Corporation M2 9{ry City Clerk FOR NOTARY SEAL OR STAMP S iPuirrer"powwwww.p....• OFFICIAL SEAL BEATRICE BUCKELEW NOTARY PUBLIC • CAL'FORNIA PRINCIPAL OFFICE IN :: N DIEGO COUNTY f My Commission Expl:es August 30, 1975 MAIL TAX STATEMENTS TO PARTY SHOWN ON FOLLOWING LINE; IF NO PARTY SO SHOWN, MAIL AS DIRECTED ABOVE EXHIBIT "A" EXCEPTING therefrom those portions dedicated for public street purposes by document recorded October 27, 1967, as File No. 168030 and 168031 more particularly described as follows: BEGINNING at the intersection of the Easterly line of National Avenue with the Northerly line of the Southerly 40.00 feet of 10 Acre Lot 6, Quarter Section 152, as shown on said Map of Budd Villa Tract, said intersection being also a corner in the boundary of the City of National City; thence Northerly along said Easterly line of National Avenue to the point of tangency of a 36.00 foot radius circular arc, concave North- easterly, which is tangent to the Easterly line of National Avenue on the West and tangent on the South to a line parallel with and 40.00 feet Northwesterly, measured at right angles to Line "A", as hereinafter described; thence Southerly and Easterly along said 36.00 foot radius circular arc to the point of tangency with said parallel line; thence along said parallel line to its intersection with the Easterly line of the Westerly Half of said 10 Acre Lot 6, being also the center line of "B" Avenue as shown on said Map of Budd Villa Tract; thence Southerly along said Easterly line to its intersection with the southerly line of said 10 Acre Lot 6, said point being also a corner in the boundary of the City of National City; thence Westerly along said Southerly line to its intersection with the Easterly line of the West Half of the West Half of said 10 Acre Lot 6, being also along the boundary of the City of National City; thence Northerly along said Easterly line and along said boundary 40.00 feet to a corner in said boundary; thence Westerly along a line parallel with and 40.00 feet Northerly, measured at right angles to the Southerly line of said 10 Acre Lot 6, being also along the boundary of the City of National City to the Easterly line of National Avenue and the Point of Beginning; Line "A" being described as follows: BEGINNING at a point on the Easterly line of National Avenue, distant thereon 80.00 feet Northerly of the Southerly line of said 10 Acre Lot 6; thence North- easterly in a straight line to the intersection of the Southerly line of said 10 Acre Lot 6 with the Easterly line of the West Half of said 10 Acre Lot 6, said point of intersection being also the intersection of the centerline of "B" Avenue with the center line of Thirtieth Street. ALSO nXCEPTING therefrom that portion of the Easterly 10.00 feet of said "A" Avenue and of Lot 9, Block 2 of said Budd Villa Tract, lying Southerly and Westerly of a 20.00 foot radius circular arc, concave Northeasterly, which is tangent to the Easterly line of the Westerly 30.00 feet of said East Half of the West Half of 10 Acre Lot 6 on the West and tangent to the Northerly line of Thirtieth Street on the South. RESERVING THEREFROM: An easement for sewer purposes in Lots 5 and 6, Quarter Section 152, Rancho de la Nacion, according to Map thereof No. 166 filed in the Office of the County Recorder of San Diego County, May 11, 1869, described as follows: Page 1 of 2 A ten foot wide easement, five foot each side of a line beginning at a point on the Westerly line of said Lot 6, five feet Northerly of the Southwesterly corner thereof; thence Easterly, parallel with the Southerly line of said Lot 6, 235.64 feet to an angle point; thence along a line bearing 16°57' left 275.94 feet to an angle point; thence along a line bearing 32°44' left 143.81 feet to an angle point; thence along a line bearing 29°57' left 209.17 feet to an angle point. Page 2 of 2 • Exhibit "B" TERMS AND CONDITIONS Section I. Building Permits/Reversion The Grantee shall within sixty (60) calendar days from FPhrhary, 12,1975 apply to the City of National City, Department of Building and Housing, for a building permit for construction of the improvements as proposed pursuant to that certain bid dated January 14, 1975 on file in the Office of the City Clerk of the City of National City as Document Number 55,160 which is by reference incorporated into these Teims and Conditions; make application to the San Diego Coast Regional Commission and prepare and furnish all environmental statements and/or reports as required by applicable state or local law, ordinance or procedure for the construction of said improvements. In the event the Grantee does not make application for the required permits or provide the necessary environmental or other information as required herein within the period provided above the property shall revert to the Grantor (City of National City) and the City shall refund the purchase price less one (1) percent without interest thereon to the successful bidder. Section II. Commence Construction The Grantee shall within thirty (30) days after the issuance of all permits required by the Department of Building and Housing and San Diego Coast Regional Commission, pursuant to Section I above, commence construction of said proposed improvements. Section III. Complete Construction The Grantee shall within one hundred and fifty (150) days after construction commences, pursuant to Section II above, complete construction of said proposed improvements. • Section IV. Time Extensions The time periods identified in Sections I, II and III above may be extended by action of the City Council of the City of National City at its sole discretion. Reasons for such extensions would be inclement weather, strikes, acts of God, etc. Failure to commence or diligently prosecute construction of said proposed improvements shall be considered a material breech of these terms and conditions. Time extensions granted by the City Council pursuant to this section shall be made a public record by the recording of a "Notice of Time Extension" in the Office of the County Recorder. Page 1 of 2 I Section V•. Release of Terms and Conditions Upon the fulfillment of all terms and conditions as set forth herein the City shall record in the Office of the County Recorder of San Diego County a "Release of Terms and Conditions" in order to clear title to the property. Page 2 of 2