HomeMy WebLinkAboutD2023-D Garden St SLO Partners LP - Release of Parking In-Lieu Fee Agreement - APN 002-428-004 (2)N(N'> r:*A brnt\s fr$.t*
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RECORDING REQUESTED BY
First American Title Company
AND WHEN RECORDED MAIL DOCUMENT TO:
Clty of San Luls Obispo
990 Palm Street
San Luis Obispo, CA 93401
Attn: J. Christine Dietrick, City Attomey
A.P,N.: 002-248-004, 008, 009
Fees: $0,00Taxes: $0.00
Total: $0.00
oRl&ir,,$AL
Above Thls Llne for Recotder's Use Only
Flle No.: 4009-6939085 (LBRB)
This document ls recorded for the benefit
of the City of San Luls Obispo and ls exempt
from recording fees pursuant to Sectlons 6103 and 27383
of the California Government Code.
RELEASE OF PARKING IN-LIEU FEE AGREEMENT
**This document was electronlcally submitted
to San Luis Obispo County for recording**
2023004458
Elaina Cano
San Luis Obispo - County Clerk-Recorder
0211612023 03:58 PM
Recorded at the request of:
FIRST AMERICAN TITLE COMPANY
Titles: 1 Pages: 5
SEPAMTE PAGE PURSUANTTO GOW CODE 27361.5
1n'La-v
RECORDING RBQUESTED BY AND
WHEN RECORDED, RETURN TO:
CITY OF SAN LUIS OBISPO
990 Palm Street
San Luis Obispo, CA 93401
Attention: J. Christine Dietrick, City Attorney
(Space above this line for Recorder's use only)
APNs : 002-428 -00 4 ; 002-428-00 8 ; AND 002-428 -009
This document is recorded for the benefit of the City of San Luis Obispo, a municipal corporation,
and is exempt fiom fee per Government Code Sections 27383.
RsLnasB oF PARKTNc IN-Lrru FBU AcnsEMENT
Tuts RrlpASE oF PaRrrNc IN-Lrau Fnn AcnnEMENT (this "Release") is made and
entered into, effective as of February \q , 2023 (the " Effective Date"), by Tnn Crry or SnrN Lurs
Orlsro, CaltronNIA, a municipal corporation and charter city (the "City"), with reference to the
following facts:
Rncltals:
A. The prior o*ner"of the real property located at 1119 Garden Street, San Lr-ris
Obispo, California and described on the attached Exhibit A (the "Property") entered into that
certain Parking In-Lieu Fee Agreement dated as of September 7,1989 and recorded as Document
no. 6275 8 on September 13, 1989 in the Official Records of San Luis Obispo County, California
(the"Agreement"), for the benefit of the City. +sTimothy D. yale
B. Since the Agreement was recorded, the Property has been redeveloped as a hotel.
C. As a result of the redevelopment of the Property, the Agreement is no longer
needed.
D, City is executing this Release in order to terminate and release the Agreement of
record.
NOW' THEREFORE, for good and valuable consideration including the redevelopment
of the Property, the receipt and sufficiency of which are hereby acknowledged, the City hereby
terminates and releases the Agreement.
IN WITNESS WHEREOF, the undersigned have signed this Release effective on the
date first set forth above.
THn Ctry on Snn Lurs Onrsno, a municipal
corporation and charter city
By
N title: Derek Johnson, City Manager
ArrBsr
Teresa Purrington, City
Dietri City Attorney
AS
2
ACKNOWLEDGMBNT
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the docuurent
to r.vhich this certificate is attached, and not the truthfulness, accuracy, oL validity of that clocument.
State of California
County of San Luis Obispo
On February \A , 2023, before me,a notary public,
satisfactory evidencepersonally appeared DEREK JOHNSON, w to me on the basis of
to be the person(s) whose name(s) is/are subscribed to the within instrumen t and acknowiedged
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.
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,<ira MEG^I. wlLl^ilKslZ?lh ilotrru Publtc - C.lifor6l.
ffi.EF):xl'#l1g'""-f $"r"ill\Wny comm. Expir€i F€b 2!, zo24WITNESS my hand and official seal.
Signature aYLz;*+,*1t)t:1"-f (Seal)
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RnLn,q.sn or AcRnnnanNr Arpncrtnc Rral PRopnnry aNu PBnnrrr FoR TnupoRnnv
ENcnoacnMENT Wrrsrn Crry PnopERTy
Lncal DrscRrprroN oF Rnal PnoprRry
Parcels4,8and9of ParcelMapSLO l7-0099,intheCityof SanLuisObispo,Countyof San
Luis Obispo, State of California according to map recorded April 23, 2018 in Book 80, pages 53-
65 of Parcel Maps, in the Office of the County Recorder of said County and Certificate of
Correction recorded April29,2020 as Instrument No. 2020-020753 of Official Records.
APNs : 002-428-0 0 4 ; 002- 428-0 08 ; AND 002-428-009