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HomeMy WebLinkAboutD2208 790 Foothill 052-041-089 - Dedicate Street ROW - CAP IX - Foothill LLC_DECEIVED APR 17 2023 Recording Requested by and when recorded, return to: City Clerk City of San Luis Obispo 990 Palm Street San Luis Obispo, CA 93401 M Elaina Cano San Luis Obispo - County Clerk -Recorder 03/03/2023 04:03 PM Recorded at the request of PUBLIC Titles: 3 Pages: 7 Fees: $0.00 Taxes: 00 Total: MOO I I I I Vo" FrN'�iP�'{NI�'k�tlV�lllll IRREVOCABLE & PERPETUAL OFFER TO DEDICATE STREET RIGHT OF WAY (790 Foothill Blvd.) APN: 052-041-089 FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, CAP IX — Foothill, LLC a California Invited liability company, as OFFEROR, hereby OFFERS to the City of San Luis Obispo, a Municipal Corporation and charter City., as OFFEREE, an irrevocable easement for public street and utilities purposes upon, over, udder and across a portion of certain property described as Lots 1, 2, and 4 of Parcel Map SLO-76-176, in the City of San Luis Obispo, County of San Luis Obispo, State of California, according to the snap thereof recorded December 8, 1977 in Book 24 of Parcel Maps, at Page 49, San Luis Obispo Coitno, Records, as per Notice af'Merger and Certificate of Subdivision Compliance recorded November 17, 2020 as Instrument No. 2020066953 of Official Records in the Office of the County Recorder, City of San Luis Obispo, Comity of San Luis Obispo, State of California. Said irrevocable easement offer is described as follows: See Exhibit A, attached hereto, for legal description and Exhibit B, attached hereto, for graphical depiction. 1N WITNESS WHEREOF, OFFEROR hereunto caused its/their narne(s) to be subscribed this 96 day of 'yOk&M6-64- , 2022. OFFEROR: CAP IX — Foothill, LLC a California limited liability company By: RELIANT CAP IX, LLC a California limited liability company Sole Membe4ski By: ie Collet, hief Operating Officer All Signatures must be Notarized! Attach City Acceptance Certificate. �-- ZZ.0� ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies 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 document. State of California County of i.>ali e► ct�o } On 'L'� before me, L AQA��C�" L4'L1I (insert name and title of the officer) personally appeared �l • (° �b l�� who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) 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. *my LISAMICHELE LITiRELL Notary Pubiic . Caiifornia San Francisco County Commission * 2376231 Comm: Expires Sep 24, 2025 Signatur G� (Seal) CONSENT OF BENEFICIARY TO SUBORDINATE TRI Counties Bank, a California corporation is a Beneficiary under that certain Deed of Trust(s) dated November 25, 2020, executed by CAP IX — Foothill, LLC, a California limited liability company, Trustor, and recorded November 25, 2020 as Instrument Number 2020069583 of Official Records in the Office of the County Recorder, County of San Luis Obispo, State of California. The Deed of Trust encumbers the real property described in the attached offer. As the Beneficiary of said Deed of Trust, the undersigned hereby consents (a) to the execution and recordation of the attached Irrevocable & Perpetual Offer to Dedicate Street Right of Way, (b) to the execution and recordation of an easement to the City of San Luis Obispo, if the offer is accepted by the City, and (c) to subordinate the undersigned's interest in the real property to the Irrevocable & Perpetual Offer to Dedicate Street Right of Way, and the easement. TRI Counties Bank, a California corporation Date: I I- I%-d o22 Beneficiary f ��n M Ct-avf� C�„►��c�al '"J 1,r4 M"V-k Date: _ Beneficiary [Signatures of Beneficiaries must be notarized.] ALL- PURPOSE CERTIFICATE OF ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies 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 document. State of California County of Placer On Novernber 17, 2022 before me, Connie Jean Roberts, Notary Public e rw nnrre a o personally appeared Stephen M. Cairns who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) 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. CONNIE JEAN ROBERTS e COMM. N 2276898 WITNES7d hd official seal. f NOTARY PUBLIC CALIF RNIA COUNTY OFComm. Expires FEB. 7, 2023 I� Notary Publu: Signature (Notary Public Seal) ADDITIONAL OPTIONAL INFORMATION INSTRUCTIONS FOR COMPLETING THIS FORM DESCRIPTION OF THE ATTACHED DOCUMENT Irrevocable & Perpetual Offer to Dedicate (Title or description of attached document) Street right of way (Title or description of attached document continued) Number of Pages Document Date_ CAPACITY CLAIMED BY THE SIGNER ❑ Individual (s) ❑ Corporate Officer I e) ❑ Partner(s) ❑ Attomey-in-Fact ❑ Trustee(s) ❑ Other 2015 Version www.NotaryClasses.com 800-873-9865 7ftis form Complies with Current C-'al jornia Statutes regardfng notary wording and, if- eded. should be comple red and attached to the doe umenr. Acimolwedgents from oeher states may be complered for documenis being sent to that scale so long a$ the warding does nor require the Caiffornra notary to v,olare Caftformia notary law, • State and County informatitm must be the State and County where the document signers) personally appoarcd before the notary public for acknow!edgmen t. Date of notarization must be the date that tha signer(s) personally appeared which mustalso be the same date the acknowledgment is cempieted. • The notary public must print his or her name as it appears within his or her commission followed by acorn me and fhenyou r title (notary public)- * Mat the namc(s) or document signer(s) who personally appear at tho time of notarization o Indicate the correct singular or plural forms by crossing oft`' incorrect forms (i.e. #xesheJtitey- is laaa ) or circling the correct forms. Faiture, to correctly indicate this information may lead to rejection of document recording- ■ the notary seal impression must be clear and photographically reproducibIc. Impression must not cover text or lines. If seal impression smudges, re -sear if a sufficient area permits, otherwise complete a different acknowledgment form. • Signature, of the notary public must match the signature on file with the offico of the county clark, s- Additional information is not required but could help to ensure this atknowledgnent is not misused or anached to a different document 0 lndicate title or type of attached document, number of pages and date. e� Indicate the capacity claimed by the signer. If the claimed capacity is a corporate officar, indicate the tide (i•e. CEO, CFO, Secretary). 0 Securely attach tttis document to the signed document with a staple. EXHIBIT "A" Legal Description for Foothill Boulevard and North Chorro Street Right of Way Offer of Dedication Those portions of Lots 1 and 2 of Parcel Map SLO-76-176, City of San Luis Obispo, County of San Luis Obispo, State of California, per map filed December 8, 1977 in Book 24, Page 49 of Parcel Maps in the office of the County recorder of said County, lying southerly and easterly of the following described line: Beginning at a point in the west line of said Lot 2 at the intersection of said west line with a parallel line, distant northerly 41.00 feet, measured at right angles, from the centerline of Foothill Boulevard as shown on Record of Survey filed in Book 117, Page 15 of Record of Surveys filed in the office of the said County Recorder; thence along said parallel line N 89055'00" E 249.04 feet, more or less, to the beginning of a tangent 23.00 foot radius curve, concave northwesterly; thence easterly, northeasterly, northerly, and northwesterly along said curve through a central angle of 122° 12' 13", an arc length of 49.06 feet, to a point of tangency with the northeast line of said Lot 1, and southwest right of way line of North Chorro Street, 60.00 feet wide, as shown on said Record of Survey. Containing: 649 square feet, more or less LAND sr No. 8356 OF CAL�FX Legal Description prepared by or under the supervision of: J Cristi E. Fry, LS 8356 Page 1 of 1 6/ 12/20 EXHIBIT 'B" RIGHT OF WAY OFFER OF DEDICATION J. 00' f S89 55'00 "W SW CORNER OF LOT 2 r. PL ABANDONED PER MERGER INST# 2020069583 LOTS >, � 4 24 PM149 RIGHT OF WA Y OFFER OF DEDICA PON (649 S F. f) 1.00' - 249.04' 141.648"5500W o SE CORNER] S00 05 007E OFLOT2 N89 55'00'E FOOTHILL BLVD SCALE- 1 " = 50' N89 55 00 E �o C) O w o �o �o �o R=23. 00' N32'17'13 "W A=122'12'13" 6. 62� L = 49.06' 113.47' 1 2.00' a o R=20.00' 4=12272'IJ" 0 L=42.66' CL FOOTHILL BLVD. AS SHOWN ON 117 R. S 15 NOTE: 1. BOUNDARY INFORMATION SHOWN HEREON IS RECORD OR CALCULATED FROM 24 P. M. 49 AND 117 R. S. 15. fbAshimmance ENGINEERING, INC. 711120 CERTIFICATE OF ACCEPTANCE 7Z _-# THIS IS TO CERTIFY that the interest in real property conveyed by the attached Irrevocable & Perpetual Offer to Dedicate Street Right of Way, dated November 8"`, 2022, from CAP IX — Foothill, LLC a California limited liability company is hereby accepted by the undersigned officer on behalf of the City Council pursuant to authority conferred by Resolution No. 5370 (1984 Series), recorded June 15, 1984, in Volume 2604, Official Records, Page 878, San Luis Obispo County, California, and the Grantee consents to recordation thereof by its duly authorized officer or his agent. Date CITY OF SAN LUIS OBISPO tad • -' �— Mayor Erica A. Stewart A Notary Public or other officer completing this certificate verifies 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 document. State of California County of San Luis Obispo On Dal al k Sloa-S before me, _ _ .1,n_ �.t�►`1no�n�S Date Name and Title of the Officer personally appeared, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) 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. Signature VlkL—C $lgiiature of Nocary PublIle 40 MEGAN WiLSANK5 Notary Public- Cliifarni, San Luis Obispo County Commission Y M2526 e.y Comm. Expires Feb 28, 2024 Place Notary Seal Above END OF DOCUMENT