The URL can be used to link to this page

Home My WebLink AboutD2215 S Higuera 053-032-005 Public Pedestrian Easementl IlrsrAm eriean Title-" First American Title Company 601 Morro Bay Blvd, Suite A Morro Bay, CA93442 (B0s)771-1s43 Faxr (866)393-4556 April15,2024 City of San Luis Obispo 990 Palm Street San Luis Obispo, CA 93401 RE: File No.: 4005-7095487 Property: 3021 South Higuera Street San Luis Obispo, CA 93401 Seller: BDB Holdings LLC Buyer: City of San Luis Obispo The closing of the above referenced transaction is now complete. For your records we enclose the following (If checks are included in this package, please negotiate as soon as possible): Final Settlement Statement Additional documents, if applicable Keep these instruments secure as some of them cannot be replaced, Any recorded documents to which you may be entitled, and your policy of title insurance, will follow shortly. The propefi tax year runs from July 1 through June 30. The first installment of taxes is due November 1 and delinquent December 10. The second installmentof taxes is due February l and delinquentApril 10, If you do not receive a TAX BILL one (1) month prior to the delinquency date, a written request that includes the propefi address and/or assessor's parcel number should be made to the County Tax Collector. You may also receive a supplemental bill for increase in value if any, Should you have any questions or need further assistance, please contact the undersigned. Thank you for working with First American Title, We look forward to serving you in the future. Jennifer Gonzales Escrow Officer JennGonza les@firstam.com Page 1 of 1 9'u-\< #1,^,n-.u*nu* First Amedcan Title Company 601 Mono Bay Blvd, Suite A.Morro Bay, CA 93.142 Office Phone :(805)772-2773 Office Fax:(866)393-4556 Buyer's Fin aI Settlemen t Statem ent Property Address:3021 South Luis Obispo Higuera Street, San , cA 93401 File No: 4005-7095487 Ollicer: JenniterGonzales/jg Settlement Date: 04115/2024 Disbursement Date: 04/15/2024 Print Date: 0411512024,1:46 PM Buyer: Address: Seller: Address: City oi San Luis Obispo 990 Palm Street , San Luis Obispo, CA 93401 BDB Holdings LLC 3021 South Higuera Street, San Luis Obispo, CA 93401 )haroe Description Buver Charge Buyer Credlt on Cha to 20,1 50.00 ,- - -- -2-1,9,?q.q9, 775.00 400.00 Totals 21 ,325.00 21 ,325.00 First American Title Company Jennifer Gonzales Page 1 ol 1 #l Frrsf Am erican Tiile- To: First American Title Company ("Settlement Agent") Jennifer Gonzales, Escrow Officer Firt American Title Company 601 Morro Bay Blvd, Suite A Morro Bay, CA 93442 (80s)771-1s43 Fax: (866)393-4556 File No.: 400s-7095487 (ig) Date: April l4 2024 Re: 3021South H-guera Street, San Luis Obispo, CA 93401 ("Property") "Buyer": City of San Luis Obispo "Seller"r BDB Holdings LLC SETTLEMENT AGENT'S STATEMENT OF RECEIPT OF SELLER'S CERTIFICATE OF NON.FOREIGN STATUS I, Jennifer Gonzales, hereby certify to City of San Luis Obispo (buyer) that: a. I am the Settlement Agent in the above referenced transaction ("Transaction"); b. I am an employqe of First American Title Company which is a "Qualified Substitute" under Internal Revenue Code (IRC) Section 1445(0(6); andc. Pursuant to IRC Section 1445(bX9), that each of the following seller or sellers, who are all of the sellers in the Transaction, has provided to me a completed copy of the Seller's Certificate of Non- Foreign Status pursuant to IRC Section 1aa5(b)(2): BDB Holdings LLC (Sellers) Executed under penalty of perjury at Morro Bay, CA on this Fifteenth day of April,2024. (Settlement Agent's Signature) Noter Section 1445 of the Internal Revenue Code (IRC) provides that a transferee (buyer) of a U,S. real property interest must withhold tax if the transferor (seller) is a foreign person. Pursuant to IRC Section 1.145(bX2) no withholding is required if the transferor (seller) furnishes to the transferee (buyer) a non-foreign affidavit stating, under penalty of perjury, the transferor's United States taxpayer identification number and that the transferor is not a foreign person. Section 1445(bX9) was added to the Internal Revenue Code (IRC) on July 30, 2008 in order to provide an alternative procedure for furnishing Non-Foreign Affidavits. The alternative procedure allows a seller to furnish the Non-Foreign Affidavit to a "qualified substitute" instead of the buyer so long as the qualified substitute furnishes a statement to the buyer stating, under penalty of perjury, that the qualified substitute is in possession of the Non-Foreign Affidavit. A qualified substitute is defined as the person (including any attorney or title company) responsible for closing the transaction, other than the seller's agent, and the buyer's agent. (See rRc 5 144s(fx6). Page 1 of 1 -loq5qs7-rq Recording requested by: Hamner, Jewell & Associates Govemment Real Estate Services Recordlng Reqse$edtv: FirstAmerican llUe Co. **Thls document was electronically submitted to San Luis Obispo County for recordlng** 2024049784 Elaina Cano San Luis Obispo - County Clerk-Recorder 0411512024 't 1 :1 3 AM Recorded at the request of: FIRST AMERICAN TITLE COMPANY Titles: 2 Pages: 6 Fees: $0.00 Taxes: $0.00 Total: $0.00When recorded, mail to: City of San Luis Obispo Public Works Department 919 PaIm Street San Luis Obispo, CA 93401 PCOR EXEMPT Exempt fromthe $75 per Agency No fee pursuantto GovemmentCode g 6103 No Documentary Transfer Tax pcr R&T Code $ 1 1922 No Recording Fee per Govemment Code g 27383 EASEMENT DEED (Pedestrian Easement) APN: 053-032-005 For a valuable consideration, receipt of which is hereby acknowledged, BDB Holdings LLC, a Califomia limited liability company (hereinafter referred to as "Grantof"), hereby gmnts to the The City of San Luis Obispo, a municipal corporation and a charter city in the County of San Luis Obispo, State of California (hereinafter referred to as ooCity"), A permanent public pedestrian easement for the construction and maintenance of a public sidewalk and, at City's sole discretion, the right to plant and maintain grass, shrubs, trees and other vegetation upon, over, under, through, and across that certain property situated in the City of San Luis Obispo, County of San Luis Obispo, State of California, legally described in Exhibit "A" and depicted in Exhibit "B", each attached hereto and made a pa.rt hereof (the "Pedestrian Easement Ared'). Grantor represents and warrants it is the owner of the real property upon which the easement is located and is authorized to execute the Deed and that no additional signatures are required to effectuate this easement conveyance. (Signatures follow on next page) SLO City/ S. Higuera Sidewalk/BDB Holdings/Easement DeedAPN:053-032-005 1 9 -72)5 Executed this Khaay of GRANTOR: BDB Holdings LLC, a limited liability company By N Title: Baughman APN:053-032-005 2 SLO City/ S. Higuera Sidewalk/BDB Holdings/Easement Deed A notary public or other officer completing this oertificate verifies only the identity of the individual who signed the document to which this certificate ts and not the or of ACKNOWLEDGMENT - s 00ts fo On w before Le9 Notary Public,appeared t who proved to me on the basis of salisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that heishe/they executed the same in his/heritheir authorized capacity(ies), and that by his/her/their signatures(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 paragraph is true and correct. PEzuURY under the laws of the State of California that the foregoing WITNESS my and seal,coMM. *2416116 vo Signature (Seal) ACKNOWLEDGMENT A nolary public or other officer completing this certificate verifies only the identity of the individual who signed the document io which this certificate is and not the of that document. State of California county of _-- On before me,Nolary Public, personally appeared who proved to me on the basis of satisfaclory 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 signatures(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certifu 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 (Seal) APN: 053-032-005 3 SLO Cifyl S, Higuera Sidewalk/BDB Holdings/Easemenr Deed CERTIFICATE OF ACCEPTANCE This is to certiff that the City of San Luis Obispo, grantee herein, hereby accepts forpublic pulposes the real properly, or interests therein, described in the within Easement DeedlPede*trian EasemenQ from BDB Holdings LLC, a Califomia limited liability company, and consents to the recordation thereof. In Witness Whereof I have hereunto set my hand this b day of 2424. CITY OF SAN LUIS OBISPO, a corporation and charter city Erica A. Stewart, Mayor ATTEST: Teresa Ci ACKNOWLEDGEMENT A Notary Public or other officer completing this the document to which this certificate is attached certfficate verifies only the identity of the individual who signed and not the truthfulness, accurscy, of validity of that docament, STATE OF CALIFORNIA COUNTY OF SAN LUIS OBISPO on lY\*(ch U ' 4o44 , before me, Megan Wilbanks, Notary Public, personally appeared Erica A. Stewart, Mayor, CITY OF SAN LUIS OBISPO, who proved to me on the iasis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledgei to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/tfr'eir signature(s) on the instrument the person(s), or the entity upon behalf ofwhiih'the person(s) aited, executed the instrument. I certifu under PENALTY OF PERruRY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Megan (Olficial Notary Seal) SLO Cityis. Higuera Sidewalk/BDB HoldingsiEasement Deed 4 ) ) Fb t0lt flIGAN WrLlAtaXs flot ry Plutc. C.llfdnb S.n Luh Ob{rpcqfity Cmml$hn f l+mtf i APN:053-032-005 Notary EXHIBIT 66A'' PEDESTRIAI\ EASEMENT LEGAL DESCRIPTION THAT PORTION OF LOT 2 OF SECTION 3, TOWNSHIP 31 SOUTH, RANGE 12 EAST, MOUNT DIABLO BASE AND MERIDIAN, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO THE OFFICIAL PLAT OF THE SURVEY OF SAID LANDS RETURNED TO THE GENERAL LAND OFFICE BY THE SURVEY GENERAL DESCRIBED AS FOLLOWS; THE NORTHEASTERLY 2 FEET OF THE SOUTHWESTERLY 7 FEET OF THE PARCEL OF LAND DESCRIBED IN THE DEED TO BDB HOLDINGS LLC, A LIMITED LIABILITY COMPANY, RECORDED NOVEMBER 30TH,2022, AS DOCUMENT NUMBER2022-046514, IN OFFICIAL RECORDS IN THE OFFICE OF THE RECORDER FOR SAID COUNTY. CONTAINING AN AREA OF 209.6 SQUARE FEET, MORE OR LESS. SEE THE ATTAGHED EXHIBIT NB" PLAT, HEREIN REFERENCED AND MADE PART HEREOF END DESCRIPTION PREPARED BY DE, PLS 9103 DATE: 8-8-2923 BUBL V. STEUDE No.9103 Page2 of} I.ANDS OF TAYLOR DOC. NO 2023-007908 LANDS OF KOKKONEN DOC. NO 2008-011794 \ .00 oF ,85l."Slt["iES*' N7 0o'200tr 2.00' I.ANDS OF BDB HOLDINGS.LLC DOC. NO 2022-046514 ',.i; E'fi$l*8"S' ERROR: undefined OFFENDING COMIvIAND: - \ STACK: DOC. NO 1995-10053 LD rft \ 13/MB/98 EXHIBIT "t, RIGHT OF WAY ctw t6* \ff,u.tr,fri-.1 INCH :40 FEET 0 40 80 oR^lhl BY RAC q{ECKED BY BVS l" = 40' scrtI 0lE 8/8/2023