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HomeMy WebLinkAboutD-1926 851 & 860 Humbert Ave, property located adjacent to railroad right-of-way, surplus property, HASLO dedication Recorded 11/13/2012RECORDING REQUESTED BY AND WHEN RECORDED, RETURN TO: City Clerk City of San Luis Obispo 990 Palm Street San Luis Obispo, CA 93401 RECEIVED JULIE RODEWAW San Luis Obispo CodW Clerk/Recorder Recorded at the request of Public TJB 11/13/2012 2:54 PM i D o C #>! = 2012065797 Titles: 1 Pages: 14 Fees 0.00 Taxes 0.00 Others 0.00 - - - - -- PAID $0.00 DEC. 0 7 2012 REAL PROPERTY EXCHANGE AGREEMENT SLQ ,�� CITY6 AL PROPERTY EXCHANGE AGREEMENT ( "Agreement ") is dated as of OcJo l r I , 2012, and is made and entered into by and between the City of San Luis Obispo, a California municipal corporation and charter city ("City "), and the Housing Authority of the City of San Luis Obispo, a public agency, corporate and politic, ( "HASLO "). HASLO and City are collectively referred to as "Parties ". RECITALS A. HASLO owns that certain real property located at 851 and 860 Humbert Avenue. Said HASLO property is described in Exhibit A and conceptually shown in Exhibit E attached hereto ( "HASLO Property "). B. City owns that certain real property located adjacent to the railroad right -of -way. Said City property is described in Exhibit B and conceptually shown in Exhibit E attached hereto ("City Property "). C. HASLO was granted approval to develop HASLO Property per City Council Resolution No. 10066 (2009 Series) and per Architectural Review Commission (ARC) approval ARC 27 -06. D. To develop HASLO Property as approved by the City Council and the ARC, it is necessary for HASLO to obtain and utilize a portion of said City property ( "Surplus Property ") as described in Exhibit C and conceptually shown in Exhibit E attached hereto. E. Said City Council Resolution made findings regarding the disposition of Surplus Property. It was determined that City no longer has need for Surplus Property, and that the disposition of Surplus Property to facilitate an affordable housing development is consistent with the policies of the Land Use and Housing Elements of the General Plan. F. In exchange for obtaining Surplus Property, HASLO will dedicate right-of-way to the City for a cul -de -sac at the terminus of Francis Avenue and for a future pedestrian crossing over the railroad tracks. The Francis cul -de -sac dedication and the pedestrian crossing dedication are collectively referred to as " HASLO Dedication' and are described in Exhibit D and conceptually shown in Exhibit E attached hereto. G. The Parties recognize that there is a risk that Surplus Property is impacted by underground soil contamination resulting from past railroad operations. It is the intention of the Parties that, through this agreement and a separate Environmental Indemnity Agreement recorded concurrently herewith, FIASLO assumes all risks, liabilities, and financial obligations arising from or relating to contamination, if any. \0�j AGREEMENT NOW, THEREFORE, in consideration of the above recitals and the mutual covenants set forth below, City and HASLO agree as follows- 1. Recitals Incorporated. The above Recitals are true and correct and are incorporated into this Agreement by this reference. 2 Conveyance of Real Property. Prior to or concurrent with map recordation for Tract 2977, HASLO shall convey title to the HASLO Dedication to the City in exchange for the City conveying title to the Surplus Property to HASLO. The method of conveyance /exchange shall be by grant deed, easement offer /dedication, quitclaim, or any other means as determined by City. The documents conveying the property shall be recorded in the office of the County Recorder of San Luis Obispo County, California ( "County") at no cost to City. Any fees and property taxes required by County to record the exchange shall be the sole responsibility of HASLO. 3. Condition of Title of Real Property. HASLO agrees to convey HASLO Dedication to City free and clear of any conflicting oral or written title liens and encumbrances, leases, assessments, easements, and other possessory or non- possessory interests in the real property, except for recorded public utility easements, or recorded public rights.of way. Prior to conveyance, HASLO shall submit a current preliminary title report for HASLO Dedication to confirm the acceptability of the condition of title in advance of the property exchange. HASLO agrees to work with City to seek any encumbrance releases necessary to assure that clear title to the rights to be transferred by HASLO to City is conveyed. Prior to conveyance, HASLO agrees to purchase title insurance on the HASLO Dedication with the City as the beneficiary. The amount of title insurance and the title company shall be approved by the City. 4. Consideration.. The Parties agree that HASLO Dedication and Surplus Property are of equal value.. The HASLO Dedication, together with the indemnification granted to City by HASLO in a separate Environmental Indemnity Agreement, provide a significant public benefit as a whole and constitute adequate consideration for the property transferred, and no monetary consideration shall be exchanged. 5. Environmental Indemnity Agreement. As a material part of the consideration for the City's agreement to enter into the Real Property Exchange Agreement, City shall be released, held harmless and indemnified by HASLO and its successors and assigns of Surplus Property and completely protected, to the fullest extent possible under the law, from any and all claims, liabilities and obligations associated with the physical or environmental condition of Surplus Property and HASLO and its successors and assigns of Surplus Property, as transferees, shall accept all risks. liabilities and financial obligations arising from or relating to the physical and environmental condition of Surplus Property, regardless of the nature or degree of any defect in such condition. An Environmental Indemnity Agreement shall be recorded concurrently with the Real Property Exchange Agreement. 6. Waiver. No delay or omission in the exercise of any right or remedy of a non- defaulting party regarding any default by the other party shall impair such right or remedy or be construed as a waiver. A party's consent or approval of any act by the other party requiring consent or approval shall not be deemed to waive or render unnecessary said party's consent to or approval of any subsequent act of the other party. Any waiver by either party of any default must be in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement. 7. Legal Action. in addition to any other rights or remedies either party has under this Agreement, either party may take legal action to: (a) cure, correct or remedy any default by the other party; (b) compel specific performance of this Agreement; (c) obtain injunctive relief, or (d) obtain any other remedy consistent with the purpose of this Agreement. 8. Notices. Any notice, demand, request, consent, approval or communication under this Agreement shall be in writing and either served personally or sent by prepaid, first -class mail to the address set forth below. Either party may change its address by notifying the other party of the change of address in writing. Notice shall be deemed given (a) upon personal delivery or (b) forty -eight (48) hours from deposit of such notice in the United States mail, postage prepaid. To City: City of San Luis Obispo 919 Palm Street San Luis Obispo, CA 93401 Attn: Director of Public Works To Developer: Housing Authority of the City of San Luis Obispo 487 Leff Street San Luis Obispo, CA 93401 Attn: Executive Director 9. Agreement Assignment. HASLO shall not assign, transfer, convey or otherwise dispose of the contract, or its right, title or interest, or its power to execute such a contract to any individual or business entity of any kind without the previous written consent of the City. 10. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California. 1 l . Amendmeni. This Agreement may be amended at anv time by the Mutual consent of the Parties by a written instrument signed by both Parties. 12. Authorijy. The persons executing this Agreement on behalf of the Parties hereto warrant that they are duly authorized to execute this Agreement on behalf of said Parties and that by so executing this Agreement, the Parties hereto are formally bound to the provisions of this Agreement. 13. Severabilitv. Each term, covenant, condition or provision of this Agreement is intended to be severable. if any term, covenant, condition or provision contained in this Agreement is held to be invalid, void or illegal by any court of competent jurisdiction, such provision shall be deemed severable from the remainder of this Agreement and shall in no way affect, impair or invalidate any other term, covenant, condition or provision contained in this Agreement. If such term, covenant, condition or provision shall be deemed invalid due to its scope or breadth, such covenant, condition or other provision shall be deemed valid to the extent of the scope or breadth permitted by law. 14. Interpretation. The paragraph headings of this Agreement are for reference and convenience only, are not made part of this Agreement and shall have no effect upon the construction or interpretation of any part hereof. The provisions of this Agreement shall be construed in a reasonable manner to implement the purposes of the Parties and of this Agreement. This Agreement shall be construed as if drafted jointly by City and HASLO. 15. Indemnification. HASLO shall defend, indemnify, and hold harmless the City or its agents, officers, and employees from any claim, action, or proceeding against the City or its agents, officers, or employees • arising out of or related to the City's approval of this Agreement. The City shall promptly notify HASLO of any claim, action, or proceeding received by the City. 16. Entire Agreement. This Agreement represents the entire understanding of City and HASLO as to the matters contained herein, and no prior oral or written understanding shall be of any force or effect with respect to the matters covered in this Agreement. . IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their respective duly authorized officers and representatives as of the date first set forth above. CITY OF SAN LUIS OBISPO, a California municipal coRoration By: Kati Lichtig City Manager M1� (!Jry &rnes APPROVED AS TO FORM: By: JWristine Dietrick City Attorney HOUSING AUTHORITY OF THE CITY OF SAN LUIS OBISPO, a public agency, corporate and politic By: David Booker Chairman Beneficiary's Consent to Real Property Exchange Agreement Mission Community Bank is a beneficiary ( "Beneficiary") under that certain Deed of Trust recorded August 31, 2011, as Instrument No. 2011- 042352 and Deed of Trust recorded December 29, 2011, as Instrument No. 2011- 066288 of Official Records, in the Office of the County Recorder of the County of San Luis Obispo, State of California. The Deeds of Trust encumber the real property described in Exhibit A of the attached "Real Property Exchange Agreement" (The "Agreement "). The undersigned as the Beneficiary of said Deeds of Trust hereby consents to the execution and recordation of the Agreement, and agrees that upon recordation of said Agreement, Trustee's and Beneficiary's interests in said real property shall be subordinate to the Agreement, with the following exception: [1] The entirety of the Agreement's paragraph 5 entitled "Environmental Indemnity Agreement ", as well as any other indemnity terms and [Z] the entirety of that certain separate agreement entitled "Environmental Indemnity Agreement" between the City of San Luis Obispo ( "City"), a municipal corporation and charter city, and The Housing Authority of the City of San Luis Obispo, a public agency, corporate and politic,(" HASLO "), shall not apply to nor in any manner be binding upon the Beneficiary despite any terms to the contrary therein. BENEFICI Y. MISSION OQIIMUNITY BANK By: Robert J. Stevens Dated 1014 1v Z -Executive Vice President / Chief Credit Officer The above terms and conditions are approved by the undersigned: ,, _ fit;...._._ -- _ �� •,� , CITY OF SAN LUZOBISPO, a Califorhja wiunici corporation By: Katie Lic tig City Man ger APPROV AS TO F J 'ristine Dietrick City Attorney HOUSING AUTHORITY OF THE CITY OF SAN LUIS OBISPO, a public agency, corporate and politic Davlker Chairman ALL SIGNATURES MUST BE NOTARIZED 0 0 Exhibit A Legal Description of Existing HASLO Property PARCEL A: (A.P.N.: 004- 924 -012) LOTS 7, 8 AND 9 IN BLOCK 14 OF THE IMPERIAL ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO MAP RECORDED DECEMBER 21, 1891 IN BOOK A PAGE 128 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. PARCEL B: (A.P.N.: PORTION OF 004 - 951 -015) LOTS 13 AND 14 IN BLOCK 6; AND ALL OF BLOCK 13, BOTH OF THE IMPERIAL ADDITION TO THE. CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO MAP RECORDED DECEMBER 21, 1891 IN BOOK A PAGE 128 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. ALSO ALL THAT PORTION OF BLOCK 16 OF THE IMPERIAL ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO MAP RECORDED DECEMBER 21, 1891 IN BOOK A PAGE 128 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE POINT OF INTERSECTION OF THE NORTHEASTERLY LINE OF FREDERICK AVENUE WITH THE SOUTHWESTERLY LINE OF THE PROPERTY CONVEYED TO THE SOUTHERN PACIFIC RAILROAD COMPANY BY DEED RECORDED JANUARY 26, 1926 IN BOOK 9 PAGE 412 OF OFFICIAL RECORDS; THENCE SOUTH 32 114'30" EAST ALONG THE SAID NORTHEASTERLY LINE TO ITS INTERSECTION WITH THE NORTHWESTERLY LINE OF KUANG SU AVENUE (NOW LAWRENCE DRIVE) EXTENDED NORTHEASTERLY; THENCE NORTHEASTERLY ALONG SAID EXTENSION OF KUANG SU AVENUE (NOW LAWRENCE DRIVE), 180.00 FEET, MORE OR LESS, TO THE WESTERLY LINE OF THE PROPERTY SO CONVEYED TO THE SOUTHERN PACIFIC RAILROAD COMPANY; THENCE NORTHWESTERLY ALONG SAID WESTERLY LINE TO THE POINT OF BEGINNING. PARCEL C: (A.P.N.: PORTION OF 004- 951 -015) THAT PORTION OF ABANDONED FREDERICK AVENUE, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ABANDONED BY ORDER OF THE BOARD OF SUPERVISORS OF THE COUNTY OF SAN LUIS OBISPO, RECORDED JULY 20, 1939 IN BOOK 263 PAGE 33 OF OFFICIAL RECORDS, DESCRIBED AS FOLLOWS: BEGINNING AT THE POINT OF INTERSECTION OF THE NORTHWESTERLY LINE OF KUANG SU AVENUE (NOW LAWRENCE DRIVE) AND THE SOUTHWESTERLY LINE OF FREDERICK AVENUE; THENCE NORTHEASTERLY ALONG THE NORTHEASTERLY PROLONGATION OF SAID NORTHWESTERLY LINE OF KUANG SU AVENUE (NOW LAWRENCE DRIVE), TO THE NORTHEASTERLY LINE OF FREDERICK AVENUE; THENCE NORTHWESTERLY ALONG SAID NORTHEASTERLY LINE OF FREDERICK AVENUE, TO AN INTERSECTION WITH THE NORTHEASTERLY PROLONGATION OF THE NORTHEASTERLY LINE OF HUMBERT AVENUE; THENCE SOUTHERLY ALONG A STRAIGHT LINE TO THE POINT OF INTERSECTION OF THE SOUTHEASTERLY LINE OF HUMBERT AVENUE WITH THE SOUTHWESTERLY LINE OF FREDERICK AVENUE; THENCE SOUTHEASTERLY ALONG SAID SOUTHWESTERLY LINE OF FREDERICK AVENUE TO THE POINT OF BEGINNING. PARCEL D: (A.P.N.: PORTION OF 004 -951 -015) THAT PORTION OF ABANDONED VICTORIA AVENUE, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ABANDONED BY ORDER OF THE BOARD OF SUPERVISORS OF THE COUNTY OF SAN LUIS OBISPO, RECORDED JULY 20, 1939 IN BOOK 263 PAGE 33 OF OFFICIAL RECORDS, DESCRIBED AS FOLLOWS: (continued) • • BEGINNING AT THE POINT OF INTERSECTION OF THE NORTHWESTERLY LINE OF KUANG SU AVENUE (NOW LAWRENCE DRIVE) WITH THE SOUTHWESTERLY LINE OF VICTORIA AVENUE; THENCE NORTHEASTERLY ALONG THE NORTHEASTERLY PROLONGATION OF SAID NORTHWESTERLY LINE OF KUANG SU AVENUE (NOW LAWRENCE DRIVE) TO THE NORTHEASTERLY LINE OF VICTORIA AVENUE; THENCE NORTHWESTERLY ALONG SAID NORTHEASTERLY LINE OF VICTORIA AVENUE TO THE SOUTHEASTERLY LINE OF HUMBERT AVENUE; THENCE SOUTHWESTERLY ALONG SAID SOUTHEASTERLY LINE OF HUMBERT AVENUE PRODUCED ACROSS VICTORIA AVENUE, TO THE SOUTHWESTERLY LINE OF SAID VICTORIA AVENUE; THENCE SOUTHEASTERLY ALONG SAID SOUTHWESTERLY LINE OF VICTORIA AVENUE TO THE POINT OF BEGINNING. End of description. • 1 0 Exhibit B Legal Description of Existing Citv Propertv (A. P. N.: 004 - 951 -009) PARCEL 4 OF PARCEL MAP SLO -78 -154, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO MAP RECORDED FEBRUARY 5, 1981 IN BOOK 30, PAGE 20 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. End of description. Exhibit C City Surplus Property: BEING A PORTION OF PARCEL 4 OF PARCEL MAP NO. SLO -78 -154 IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA A.�SHOWN ON. MAP RECORDED IN BOOK 30 OF PARCEL MAPS, AT PAGE 20 IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A REBAR AND PLASTIC CAP STAMPED L.S. 7318 AT THE INTERSECTION OF THE CENTERLINE OF FREDERICK AVENUE WITH THE NORTH RIGHT OF WAY LINE OF LAWRENCE DRIVE AS SHOWN ON RECORD OF SURVEY RECORDED IN BOOK 79 OF SURVEYS, AT PAGE 73 IN THE OFFICE OF SAID COUNTY RECORDER, SAID POINT ALSO BEING A POINT ON THE NORTH TRACT BOUNDARY OF TRACT NO. 2066 AS SHOWN ON AMENDING MAP RECORDED IN BOOK 16 OF MAPS, AT PAGE 85 IN THE OFFICE OF SAID COUNTY RECORDER THENCE, ALONG SAID NORTH RIGHT -OF -WAY LINE NORTH 59 °00'03" EAST 264.23 FEET TO A 3/4 INCH IRON PIPE WITH TAG STAMPED L.S. 5661 AT THE NORTHEAST TRACT CORNER OF SAID TRACT NO. 2066, ALSO BEING THE SOUTHEAST CORNER OF SAID PARCEL 4 AS SAID CORNER IS SHOWN ON SAID RECORD OF SURVEY MAP, AND SHOWN ON SAID TRACT MAP, AND SHOWN ON SAID PARCEL MAP. SAID POINT ALSO BEING THE TRUE POINT OF BEGINNING, AND THE BEGINNING OF A CURVE, CONCAVE SOUTHWEST AND HAVING A RADIUS OF 551.07 FEET AND TO WHICH POINT A RADIAL BEARS NORTH 66 118'21" EAST; THENCE, NORTHWEST ALONG THE EAST LINE OF SAID PARCEL 4 THROUGH A CENTRAL ANGLE OF 11 004'31" 106.52 FEET TO A POINT TO WHICH A RADIAL BEARS NORTH 55 013'50" EAST; THENCE, LEAVING SAID EAST LINE NORTH 52 046'56" WEST 402.78 FEET TO THE NORTHEAST PROLONGATION OF THE NORTHWEST LINE OF LOT 7 IN BLOCK 14 OF THE IMPERIAL ADDITION TO THE CITY OF SAN LUIS OBISPO AS SHOWN ON MAP RECORDED IN BOOK A OF MAPS, AT PAGE 128 IN THE OFFICE OF SAID COUNTY RECORDER. SAID NORTHWEST LINE ALSO BEING COMMON TO LOT 6 IN SAID BLOCK 14; THENCE, ALONG SAID NORTHEAST PROLONGATION SOUTH 58 05728" WEST 25.81 FEET TO A POINT ON THE WEST LINE OF SAID PARCEL 4 AS SHOWN ON SAID PARCEL MAP; THENCE, ALONG SAID WEST LINE, ALSO BEING THE WEST LINE OF THAT PARCEL OF LAND DESCRIBED IN DEED RECORDED IN BOOK 9 OF OFFICIAL RECORDS, AT PAGE 412 SOUTH 52 °01'29" EAST 256.21 FEET TO THE BEGINNING OF A CURVE CONCAVE WESTERLY AND HAVING A RADIUS OF 491.07 FEET AND TO WHICH POINT A RADIAL BEARS NORTH 39 022'50" EAST; THENCE, SOUTH ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 28 °33'15" 244.73 FEET TO THE SOUTHWEST CORNER OF SAID PARCEL 4, TO WHICH A RADIAL BEARS NORTH 67 056'05" EAST, AS SHOWN ON SAID PARCEL MAP AND SAID RECORD OF SURVEY MAP; THENCE ALONG THE SOUTH LINE OF SAID PARCEL 4, ALSO BEING THE NORTH LINE OF SAID TRACT NO. 2066, NORTH 59 000'03" EAST 57.52 FEET TO THE TRUE POINT OF BEGINNING. End of description. 0 • Exhibit D HASLO Dedication BEING A PORTION OF BLOCK 16, OF THE IMPERIAL ADDITION TO THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA AS SHOWN ON MAP RECORDED IN BOOK A OF MAPS, AT PAGE 128 IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, AND A PORTION OF FREDERICK AVENUE BETWEEN SAID BLOCK 16 AND BLOCK 14 OF SAID IMPERIAL ADDITION ABANDONED PER DOCUMENT NO. 20120G-5'5o1 IN THE OFFICE OF SAID COUNTY RECORDER; BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A 1 -1/4 INCH IRON PIPE WITH A BRASS TAG STAMPED L.S. 3877 AT THE MOST EASTERLY CORNER OF LOT 7 IN BLOCK 14 OF SAID IMPERIAL ADDITION AS SHOWN ON RECORD OF SURVEY RECORDED IN BOOK 79 OF SURVEYS, AT PAGE 73 IN THE OFFICE OF SAID COUNTY RECORDER; THENCE, ALONG THE NORTHEAST LINE OF SAID LOT 7, ALSO BEING THE SOUTHWEST RIGHT OF WAY OF SAID FREDERICK AVENUE, NORTH 31 °02'59" WEST 279.75 FEET TO A 1 -1/4 INCH IRON PIPE WITH A BRASS TAG STAMPED L.S. 3877 AT THE NORTH CORNER OF LOT 6 IN SAID BLOCK 14, ALSO BEING THE MOST NORTHERLY BLOCK CORNER OF SAID BLOCK 14, AND BEING A POINT ON THE SOUTHERLY RIGHT OF WAY OF FRANCIS AVENUE AS SHOWN ON SAID RECORD OF SURVEY MAP; THENCE ALONG THE NORTHEAST PROLONGATION OF THE SAID SOUTHERLY RIGHT OF WAY LINE OF FRANCIS AVENUE NORTH 58058'43" EAST 30.00 FEET TO IT'S INTERSECTION WITH THE CENTERLINE OF SAID FREDERICK AVENUE, SAID POINT BEING THE TRUE POINT OF BEGINNING; THENCE, ALONG THE CENTERLINE OF SAID FREDERICK AVENUE SOUTH 31 °02'47" EAST 30.03 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE NORTH HAVING A RADIUS OF 50.00 FEET, AND TO WHICH POINT A RADIAL BEARS SOUTH 05 047'14" WEST; THENCE, LEAVING SAID CENTERLINE, EASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 57026'44" 50.13 FEET TO THE END OF SAID CURVE, AND TO WHICH POINT A RADIAL BEARS SOUTH 51 039'30" EAST; THENCE, SOUTH 52 °01'29" EAST 110.38 FEET TO THE INTERSECTION THE NORTHEAST PROLONGATION OF THE NORTHWEST LINE OF SAID LOT 7, SAID NORTHWEST LINE ALSO BEING COMMON TO SAID LOT 6; THENCE, ALONG SAID NORTHEAST PROLONGATION NORTH 58 °57'28" EAST 5.36 FEET TO A POINT ON THE WESTERLY BOUNDARY LINE OF THAT PARCEL DESCRIBED IN DEED RECORDED IN BOOK 9 OF OFFICIAL RECORDS, AT PAGE 412 IN THE OFFICE OF SAID COUNTY RECORDER, AND SHOWN ON SAID RECORD OF SURVEY MAP; THENCE, ALONG SAID WESTERLY BOUNDARY LINE NORTH 52 °01'29" WEST 174.43 FEET TO THE INTERSECTION OF SAID WESTERLY BOUNDARY WITH THE NORTHEAST RIGHT OF WAY LINE OF SAID FREDERICK AVENUE AS SHOWN ON SAID RECORD OF SURVEY MAP; THENCE, ALONG SAID NORTHEAST RIGHT OF WAY LINE SOUTH 3.1 002'47" EAST 23.01 FEET TO THE INTERSECTION OF SAID NORTHEAST RIGHT OF WAY LINE WITH SAID NORTHEAST PROLONGATION OF SAID SOUTHERLY RIGHT OF WAY LINE OF SAID FRANCIS AVENUE; THENCE, ALONG SAID NORTHEAST PROLONGATION SOUTH 58 °58'43" WEST 30.00 FEET TO THE TRUE POINT OF BEGINNING. End of description. 0 Exhibit E Conceptual Map 40 FRA AVENUE o ° - } _� \ + (p 4 1 + +ter I + + CY + A VENUE + A-- 4. + 4 + + + + + + + + + + + + + 4 + + + + + + + + + + + + + + + 4 +1 + + + + + + -1 4- + lN + + + + f: + + + I i 4 + + + + + + + + LAWRENCE DRIVE M• 4t, US Nj CALIFORNIA ALL - PURPOSE ACKNOWLEDGMENT CIVIL CODE §'1189 State of California County of On 1 b Il before me, IFOC-- �>_ VA�rC( C Date Here Insert Name and Title of the Office personally appeared I. o .0 EVA R. HOWARD Commission # 1928653 Z a d Notary Public - California z z San Luis Obispo County My Comm. Expires A r 12, 2015 .3 -, of S M who proved to me on the basis of satisfactory evidence to be the person* whose name{ is /are subscribed to the within instrument and acknowledged to me that he /sl;ie/tber executed the same in his/ber/th;eif— authorized capacity(iesr- and that by his /bef/flaeir- signature(sl--on the instrument the perso%er,-or the entity upon behalf of which the persoA(STacted, 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: - i'AD Place Notary Seal Above Signature of Notary Public - OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: • Corporate Officer — Title(s): • Individual 0 ❑ Partner — ❑ Limited ❑ General Top of thumb here ❑ Attorney in. Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: Number of Pages: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Individual ❑ Partner — ❑ Limited ❑ General Top of thumb here ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: 0 2010 National Notary Association - NationalNotary.org - 1- 800 -US NOTARY (1 -800- 876 -6827) Item #5907 CALIFORNIA ALL - PURPOSE ACKNOWLEDGMENT State of California County of CIVIL CODE § 1189 On lZ \ t 1 va before me, Can- e - , rc(, ✓\ C r Date Here Insert Name and Title of the Officer personally appeared r Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the persons)-whose name(;W is /ace- subscribed to the within instrument and acknowledged to me that he /sheAji9y- executed the same in his/ly9/tb@if- -authorized capacity i , - and that by his/Fjertair—signatu�on the instrument the persor)< or the entity upon behalf of which the person( acted, executed the instrument. EVA R. HOWARD Commission # 1928653 l certify under PENALTY OF PERJURY under the Notary Public - California i Z San Luis Obispo County ' laws of the State of California that the foregoing My Comm. Expires Apr 12, 2015+ paragraph is true and correct. WITNESS my hand and official seal. Signature&(4,gn. Place Notary Seal Above t uie (Notary Public OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Corporate Officer — Title(s): ❑ Individual ❑ Partner — ❑ Limited ❑ General Top of thumb here ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: Number of Pages: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Individual ❑ Partner — ❑ Limited ❑ General Top of thumb here ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: ® 2010 National Notary Association • NationalNotary.org • 1- 800 -US NOTARY (1 -800- 876 -6827) Item #5907 STATE OF CALIFORNIA } } ss COUNTY OF SAN LUIS OBISPO } On / o20 1.Z before me Maeve Kennedy Grimes, City Clerk, personally appeared Katie Lic tig, City Manager, City Of San Luis Obispo, 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 she executed the same in her authorized capacity, and that by 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 this % day of 2012. Signature 994e—g"Z 9�j�� Maeve 16hnedy es City Clerk, City of San Luis Obispo. Per Civil Code 1181 V END OF DOCUMENT