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HomeMy WebLinkAbout2012 CON SA ARE Holdings, Parking Company of America, PCAM - Settlement Agreement, Additional DocumentsiiECOf DING REQUESTED STEWART TITLE OF (p1 rr_r•� WHEN RECORDED MAIL TO: (11rrt5}PAn.s-en spa-F h LLp Soo VAf-e5+ C ST�'e.ef # 164,,0 ar pleclot CA 61210( -1-1-►-,; i arles C.Fri 54-e,nse n MAIL TAX STATEMENTS TO: 7o3y-35.3232 IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII DEC 21, 2012 8:OO AM OFFICIAL RECORDS SAN DIEGO COUNTY RECORDER'S OFFICE Ernest J. Dronenburg, Jr., COUNTY RECORDER FEES: 48.00 WAYS: 2 OC: OC 5 415 PAGES 7 I11hII hill 1111111111111111011111111111111111111111111111111111110i111111111111111 ASSESSOR'S PARCEL NO. 555-114-01-00 GRANT DEED The undersigned grantor declares: This conveyance is exempt from documentary transfer tax under Government Code Section 6103 FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, PCAM, LLC, a California limited liability company hereby GRANTS to Successor Agency to the Community Development Commission as the National City Redevelopment Agency, all of its right, title, and interest in the real property in the City of National City, County of San Diego, State of California described in Exhibit A attached hereto and incorporated herein by this reference (the "Property"), subject to: 1. The lien of all general and special real property, county, or city taxes for the fiscal year 2012-2013, including (without limitation) bonds, special assessment, and personal property taxes, if any, assessed against any former owner, that are not yet due and payable; 2. The lien of supplemental taxes assessed pursuant to Chapter 3.5 of the California Revenue and Taxation Code; 3. All liens (excluding than monetary liens other than those described in items 1 and 2 above), encumbrances, easements, rights of way, leases, covenants, conditions, restrictions reservations, and rights of record; 4. Any oil, gas, and/or mineral lease of record; 5. All matters that would be disclosed by a survey of the Property; and 6. Zoning ordinances, regulations, and administrative determinations and any other laws, ordinances, regulations, or orders of any governmental agency having or claiming to have jurisdiction over the use, development, occupancy, or enjoyment of the Property and/or improvements on it. PCAM, LLC, a (!fomia Limited liability company By Eric Chaves, Manager EXHIBIT A LEGAL DESCRIPTION 5416 The land referred to herein is situated in the State of California, County of San Diego, City of National City, and described as follows: Lots 1 and 2 in Block 12 of National City, in the City of National City, County of san Diego. State of California, according to Map thereof No. 348. filed in the office of the recorder of San Diego County October 2, 1882. APN: 555-114-01-00 (End of Legal Description) 5417 State of California County of ins fl,nc��s) On r 13, 2cD IZ before mels,usAd.( M.. l) t.-A t , Notary Public, personally appeared Fas tc ('�haVo s , who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument the person, or the entity upon behalf of which the person acted, 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. WITNESS my hand and official seal. �`"+� SUSAN M. DYMOND d i NOTARY PUBLIC • CAI -FORMA COMMISSION # 1657651 a MComm pJuv12, 2p19LOSANOELESCO (SEAL) 5418 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed by Grant Deed executed December 13, 2012, by ARE Holding, LLC, to the Successor Agency to the Community Development Commission as the National City Redevelopment Agency is hereby accepted by order of the Successor Agency to the Community Development Commission as the National City Redevelopment Agency per Resolution No. 2012-27, dated December 18, 2012, and the Grantee consents to the recordation thereof by its duly authorized officer. Dated: December 19, 2012. /d Mich. el R. Dalla, ity Clerk as Secretary to the Successor Agency 541.9 RESOLUTION NO. 2012 — 27 RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT COMMISSION AS THE NATIONAL CITY REDEVELOPMENT AGENCY AUTHORIZING ACCEPTANCE OF GRANT DEEDS, EXECUTION OF DOCUMENTS, AND PERFORMANCE OF ACTIONS IN SETTLEMENT OF LITIGATION WHEREAS, on July 19, 2005, the Community Development Commission of the City of National City ("CDC"), the Parking Authority, and ARE Holdings, LLC ("ARE"), entered into a Disposition and Development Agreement ("DDA") in furtherance of the redevelopment of certain real property located between 11th and 12th Street in National City, bordering National City Boulevard on the east and Roosevelt Avenue on the west for a residential and retail mixed - use project; and WHEREAS, on October 15, 2010, ARE filed a lawsuit against the CDC and the Parking Authority in the Superior Court of the State of California, identified as Case No. 37- 2010-00102387-CU-BC-CTL, arising out of obligations and covenants under the DDA; and WHEREAS, on February 14, 2011, the CDC and the Parking Authority filed a cross -complaint against ARE, and named as additional cross -defendants related entities Parking Company and PCAM, LLC, under the theory of "alter ego" arising out of obligations and covenants under the DDA; and WHEREAS, on February 17, 2012, the Court sustained the CDC's and Parking Authority's demurrer to the First Amended Complaint of ARE without leave to amend. The above -referenced action herein is referred to as the "Litigation." WHEREAS, unrelated to the Litigation, pursuant to Assembly Bill X1 26 (Chapter 5, Statutes 2011, First Extraordinary Session), as modified by the Supreme Court in California Redevelopment Assn. v. Matosantos (2011) 53 Ca1.4th 231, all redevelopment agencies were dissolved by February 1, 2012, and all assets, properties, contracts, leases, records, buildings, and equipment of the former redevelopment agency were transferred to the control of the Successor Agency; and WHEREAS, on January 10, 2012, the City Council adopted Resolution No. 2012- 15, pursuant to Part 1.8 of the Health and Safety Code, electing the City to serve as the Successor Agency to the Community Development Commission as the National City Redevelopment Agency upon dissolution of the Community Development Commission of the City of National City under Assembly Bill X1 26; and WHEREAS, without admitting any liability or fault, each of the parties to this Settlement Agreement now desire to resolve all aspects of the Litigation among themselves and to terminate the DDA; and WHEREAS, under the terms of the Settlement Agreement, the Successor Agency shall execute and accept title to each of the parcels being conveyed to the Successor Agency, and authorize the Chairman, or his designee, to perform such acts to and execute such other documents as are necessary to settle the litigation and to acquire title insurance concerning the parcels being acquired, in accordance with title company procedures and policies. 54�0 Resolution No. 2012 — 27 Page Two NOW, THEREFORE, BE IT RESOLVED that the Successor Agency to the Community Development Commission as the National City Redevelopment Agency hereby authorizes the Chairman to execute the Settlement Agreement and accept title to each of the parcels being conveyed to the Successor Agency BE IT FURTHER RESOLVED that the Chairman, or his designee, are hereby authorized to perform such acts to and execute such other documents as are necessary to settle the litigation and to acquire title insurance concerning the parcels being acquired, in accordance with title company procedures and policies. PASSED and ADOPTED this 18th day of Decemr-012 on Morrison, Chairman ATTEST: Michael R. Dall, City Clerk as Secretary to the Successor Agency Itw Claudia Gay •a Silva Successor ,.. -ncy Counsel ROVED AS TO FORM: 54'1 Passed and adopted by the Successor Agency to the Community Development Commission as the Redevelopment Agency of the City of National City, California, on December 18, 2012 by the following vote, to -wit: Ayes: Boardmembers Cano, Morrison, Natividad, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman of the Successor Agency to the Community Development Commission as the Redevelopment Agency of the City of National City, California MICHAEL R. DALLA City Clerk Serving as Secretary to the Successor Agency By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2012-27 of the Successor Agency to the Community Development Commission as the Redevelopment Agency of the City of National City, California, passed and adopted on December 18, 2012. City Clerk Se ing as Secretary to the Successor Agency By: Deputy 'RECORDING REQUESTED v.` STEVI(A►T T ITi F. OF f,pi !,Fr.V.gr,;: RECOMAG—REQUESTEDBar MW WHEN RECORDED MAIL TO: 500 t es t G SWe e-t-lA-(66 0 Scin tJe 0 C?(2,(0 Arfr,.0 t-lesai-Is�evset� MAIL TAX STATEMENTS TO: 7a -3s 233Li- The undersigned grantor declares: This conveyance is exempt from documentary transfer tax under Government Code Section 6103 D O C ## 2012-0804830 I11101IIIIh illIIIIIIIIIIIIIIIillllIIIII1101IIIIIIIIIIIIIIIIIIIIIII DEC 21, 2012 8:00 AM OFFICIAL RECORDS SAN DIEGO COUNTY RECORDER'S OFFICE Ernest J. Dronenburg, Jr., COUNTY RECORDER FEES: 48.00 WAYS: 2 OC: OC 5422 PAGES: 7 1Iillll IIIII IIIII IIIII IIHI IIIII IIIII IIIII IIIII IIIII IIIII II�II IIIII 11111.11111 IIff 1111 ASSESSOR'S PARCEL NO. 555-114-04-00 GRANT DEED FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, PCAM, LLC, a California limited liability company hereby GRANTS to Successor Agency to the Community Development Commission as the National City Redevelopment Agency, all of its right, title, and interest in the real property in the City of National City, County of San Diego, State of California described in Exhibit A attached hereto and incorporated herein by this reference (the "Property"), subject to: 1. The lien of all general and special real property, county, or city taxes for the fiscal year 2012-2013, including (without limitation) bonds, special assessment, and personal property taxes, if any, assessed against any former owner, that are not yet due and payable; 2. The lien of supplemental taxes assessed pursuant to Chapter 3.5 of the Califomia Revenue and Taxation Code; 3. All liens (excluding than monetary liens other than those described in items 1 and 2 above), encumbrances, easements, rights of way, leases, covenants, conditions, restrictions reservations, and rights of record; 4. Any oil, gas, and/or mineral lease of record; 5. All matters that would be disclosed by a survey of the Property; and 6. Zoning ordinances, regulations, and administrative determinations and any other laws, ordinances, regulations, or orders of any governmental agency having or claiming to have jurisdiction over the use, development, occupancy, or enjoyment of the Property and/or improvements on it. PCAM, LLC, a ornia limited liability company By G/G Eric Chaves, Manager 5423 LEGAL DESCRIPTION The land referred to herein is situated in the State of California, County of San Diego, and described as follows: Lot 6, Block 12, National City. in the City of National City, County of San Diego, State of California, according to Map thereof No. 348, filed in the office of the County recorder of San Diego County October 2. 1882. APN: 555-114-04-00 (End of Legal Description) WWI A 54'4 State of California County of L-b5 (Ls On e (1 r f I, 2U12 before me, y ory No ry Public, personally appeared I c . ( r 't. S , who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument the person, or the entity upon behalf of which the person acted, 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. WITNESS my hand and official seal. SUSAN M. DYMOND NOTARY PUBLIC - CALIFORNIA •:re,�pi: COMMISSION # 1857651 LOS ANGELES COUNTY My Comm. Exp. July 12, 2013 (SEAL) 5425 RESOLUTION NO. 2012 — 27 RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT COMMISSION AS THE NATIONAL CITY REDEVELOPMENT AGENCY AUTHORIZING ACCEPTANCE OF GRANT DEEDS, EXECUTION OF DOCUMENTS, AND PERFORMANCE OF ACTIONS IN SETTLEMENT OF LITIGATION WHEREAS, on July 19, 2005, the Community Development Commission of the City of National City ("CDC"), the Parking Authority, and ARE Holdings, LLC ("ARE"), entered into a Disposition and Development Agreement ("DDA") in furtherance of the redevelopment of certain real property located between 11th and 12th Street in National City, bordering National City Boulevard on the east and Roosevelt Avenue on the west for a residential and retail mixed - use project; and WHEREAS, on October 15, 2010, ARE filed a lawsuit against the CDC and the Parking Authority in the Superior Court of the State of California, identified as Case No. 37- 2010-00102387-CU-BC-CTL, arising out of obligations and covenants under the DDA; and WHEREAS, on February 14, 2011, the CDC and the Parking Authority filed a cross -complaint against ARE, and named as additional cross -defendants related entities Parking Company and PCAM, LLC, under the theory of "alter ego" arising out of obligations and covenants under the DDA; and WHEREAS, on February 17, 2012, the Court sustained the CDC's and Parking Authority's demurrer to the First Amended Complaint of ARE without leave to amend. The above -referenced action herein is referred to as the "Litigation." WHEREAS, unrelated to the Litigation, pursuant to Assembly Bill X1 26 (Chapter 5, Statutes 2011, First Extraordinary Session), as modified by the Supreme Court in California Redevelopment Assn. v. Matosantos (2011) 53 Ca1.4th 231, all redevelopment agencies were dissolved by February 1, 2012, and all assets, properties, contracts, leases, records, buildings, and equipment of the former redevelopment agency were transferred to the control of the Successor Agency; and WHEREAS, on January 10, 2012, the City Council adopted Resolution No. 2012- 15, pursuant to Part 1.8 of the Health and Safety Code, electing the City to serve as the Successor Agency to the Community Development Commission as the National City Redevelopment Agency upon dissolution of the Community Development Commission of the City of National City under Assembly Bill X1 26; and WHEREAS, without admitting any liability or fault, each of the parties to this Settlement Agreement now desire to resolve all aspects of the Litigation among themselves and to terminate the DDA; and WHEREAS, under the terms of the Settlement Agreement, the Successor Agency shall execute and accept title to each of the parcels being conveyed to the Successor Agency, and authorize the Chairman, or his designee, to perform such acts to and execute such other documents as are necessary to settle the litigation and to acquire title insurance concerning the parcels being acquired, in accordance with title company procedures and policies. r 5426 Resolution No. 2012 — 27 Page Two NOW, THEREFORE, BE IT RESOLVED that the Successor Agency to the Community Development Commission as the National City Redevelopment Agency hereby authorizes the Chairman to execute the Settlement Agreement and accept title to each of the parcels being conveyed to the Successor Agency BE IT FURTHER RESOLVED that the Chairman, or his designee, are hereby authorized to perform such acts to and execute such other documents as are necessary to settle the litigation and to acquire title insurance concerning the parcels being acquired, in accordance with title company procedures and policies. PASSED and ADOPTED this 18th day of Decem r }012 ATTEST: /, Michael R. Dall, City Clerk as Secretary to the Successor Agency ROVED AS TO FORM: Claudia Ga Successor a Silva ncy Counsel on Morrison, Chairman • 5427 Passed and adopted by the Successor Agency to the Community Development Commission as the Redevelopment Agency of the City of National City, California, on December 18, 2012 by the following vote, to -wit: Ayes: Boardmembers Cano, Morrison, Natividad, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON By Chairman of the Successor Agency to the Community Development Commission as the Redevelopment Agency of the City of National City, California MICHAEL R. DALLA City Clerk Serving as Secretary to the Successor Agency eputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2012-27 of the Successor Agency to the Community Development Commission as the Redevelopment Agency of the City of National City, California, passed and adopted on December 18, 2012. City Clerk Serving as Secretary to the Successor Agency Deputy 54?8 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed by Grant Deed executed December 13, 2012, by ARE Holding, LLC, to the Successor Agency to the Community Development Commission as the National City Redevelopment Agency is hereby accepted by order of the Successor Agency to the Community Development Commission as the National City Redevelopment Agency per Resolution No. 2012-27, dated December 18, 2012, and the Grantee consents to the recordation thereof by its duly authorized officer. Dated: December 19, 2012. Michel R. Dalla, ty Clerk as Secretary to the Successor Agency Charles B. Christensen Walter F.Spath III Heather M. Ferbert Joel B. Mason Jose A. Garcia January 14, 2013 SENT VIA HAND DELIVERY BY MESSENGER Claudia Gacitua Silva City Attorney City of National City 1243 National City Boulevard National City, CA 91950 Christensen & Spath IIP 550 West C Street . Suite 1660 San Diego. California 92101 {t} 61 9.236.9343 {f} 61 9.236.8307 :: a�- Re: ARE Holdings, LLC vs. Community Development Commission of the City of National City, et al. (Case No. 37-2010-00102387-CU-BC-CTL; Our File No.: 3140-16) Dear Mrs. Silva: In connection with the above -referenced matter, enclosed are two recorded grant deeds conveying the following properties to the Successor Agency: 1. 38 West 11th Street, National City, CA, APN 555-114-01-0. 2. Vacant Parcel in the City of National City, APN 555-114-04-00. If you have any questions, please contact our office. Sincerely, Jose A. Garcia Enclosures Mayor Ron Morrison Council Members Louis Natividad Alejandra Sotelo-Solis Mona Rios Jerry Cano +"*" CAL FORNM 4-4 INCORPWWAI Office of the City Attorney TO: City Clerk FROM: Ginny Miller, Legal Assis SUBJECT: Grant Deeds City Attorney Claudia Gacitua Silva Deputy City Attorney Jennifer Knight DATE: January 17, 2013 Attached please find recorded grant deeds conveying property to the Successor Agency as a result in the settlement in the matter of ARE Holdings, LLC v. Community Development Commission of the City of National City, for your files. Thank you. Attachment cc: Executive Director 1243 National City Boulevard; National City, California 91950-4301 Tel.: (619) 336.4220 Fax: (619) 336.4327