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HomeMy WebLinkAboutR-6045 - 110 Higuera - Agreement Acquiring Right-of-Way from PratherRESOLUTION NO. 6045 (1986 Series) A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO APPROVING AN AGREEMENT ACQUIRING RIGHT -OF -WAY AT 110 HIGUERA STREET FROM PAUL AND JACQUELINE PRATHER BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. That certain agreement, attached hereto marked Exhibit "1" and incorporated herein by reference, between the City of San Luis Obispo and Paul and Jacqueline Prather is hereby approved and the Mayor is authorized to execute the same. SECTION 2. The City Clerk shall furnish a copy of this resolution and a copy of the executed agreement approved by it to: Paul and Jacqueline Prather, Finance Director, Public Works Director, and City Attorney. On motion of Councilman-Settle , seconded by Councilwoman Dovev and on the following roll call vote: AYES: Councilmembers Settle, Dovey, Griffin and Mayor Dunin NOES: None ABSENT: Councilwoman Rappa the foregoing Resolution was passed and adopted this 5th day of August 1986. AT EST: nn Cr CLERK PAMELA V63ES �a City m nistr a cerJ �- City A t rney R 6045 C, EXHIBIT "1" PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS TO: Ticor Title Insurance Company 1212 Marsh Street San Luis Obispo, California 93401 ATTN: , Escrow Officer RE: Escrow Number DATE: August , 1986. SELLER: Paul Prather and Jackie Prather, husband and wife as community property BUYER: The City of San Luis Obispo, a chartered municipal corporation of the State of California THIS PURCHASE AGREEMENT is made and entered into effective as of the date hereinafter set forth by and between the City of San Luis Obispo, a chartered municipal. corporation, hereinafter referred to as "Buyer" and Paul Prather and Jackie Prather, husband and wife, hereinafter collectively referred to as "Seller" who, as part of their agreement, direct the following escrow instructions to Ticor Title Insurance Company, hereinafter referred to as "Escrow Agent ", which, by its acceptance hereof, agrees to be bound by the terms and conditions set forth herein. RECITALS WHEREAS, Seller is the owner of that certain parcel of real property situated in the City of San Luis Obispo, County of San Luis Obispo, State of California, assessor's parcel numbers 4- 801 -16 and 4- 801 -18, consisting of a portion of Lot 1, Block 149 of J. Harford's addition co m monly known as 110 Higuera Street, San Luis Obispo, California and more fully described in Exhibit "A" attached hereto and incorporated herein by this reference; and WHEREAS, Buyer desires to acquire a portion of said property consisting of approximately 2,862 plus or minus square feet of said property bordering on Higuera Street, in the City of San Luis Obispo, plus improvements. thereon, for purposes of widening Higuera Street; and WHEREAS, Buyer desires to compensate Seller for any damages to his business or property or improvements thereon as a result of said acquisition or street widening; and WHEREAS, Buyer intended to institute eminent domain proceedings to acquire said property for said street widening had it been unable to negotiate a purchase of said property; and PRATHE2B.PUR 1 7/29/86 WHEREAS, Buyer and Seller prefer to avoid the expense and delay of eminent domain proceedings and to provide for the transfer of Seller's right, title and interest in said property and improvements thereon to Buyer for and on the conditions set forth in this Agreement; and WHEREAS, Buyer and Seller have agreed that Seller shall have the nonexclusive right to use the Property for ingress and egress to and from Sellers' remaining adjoining property until Buyer completes the widening of Higuera Street. NOW, THEREFORE, for valuable consideration, each of the parties hereto, intending to be legally bound, does hereby agree as follows: 1. DESCRIPTION OF PROPERTY 1.1 General Description. Seller agrees to sell and Buyer agrees to purchase the easterly 25 feet of the property consisting of approximately 2,862 plus or minus square feet as shown on that certain improvement plan and legal description attached hereto marked as Exhibit "B" of that-certain parcel of real property situated in the City of San Luis Obispo, County of San Luis Obispo, State of California, commonly known as asses- sor's parcel numbers 4- 801 -16 and 4- 801 -18, consisting of a portion of Lot 1, Block 149 of J. Harford's addition as more fully described in Exhibit "B" attached hereto, hereinafter referred to as "the Property ". 2. 2.1 The purchase price of the Property and compensa- tion for any damages to Seller's business or property or improve- ments on the property as a result of Buyer's acquisition shall be Ninety Thousand and N0 1100 Dollars ($90,000.00.) payable in cash as further set forth herein. 3. PAYMENT OF PURCHASE PRICE The entire purchase price shall be paid in cash through escrow at the close of escrow. 4. ITEMS FOR DELIVERY BY PARTIES 4.1 Deliveries by Buyer. Buyer shall deliver the following to Escrow Agent not later than 4:30 p.m., on the date prior to the closing date for release and /or disbursement to Seller and to pay Buyer's costs hereunder. PRATHE2B.PUR 2 7/29/86 C> O 4.1.1 The cash payment of the purchase price as required by Section 3, above; 4.1.2 Funds required of Buyer as its share of the escrow fees, closing costs and prorations pursuant to the provisions of these Instructions unless Buyer has made arrange- ments satisfactory to Escrow Agent to invoice such amounts to Buyer for payment outside of escrow; 4.2 Sellers Deliveries. Seller shall deliver the following to Escrow Agent not later. than 4:30 p.m., on the day prior to the close of escrow for release and /or recording and delivery to Buyer and to pay Seller's costs hereunder. 4.2.1 A Grant Deed for the Property, or such other instrument as agreed by the parties, duly executed and acknowledged and in form suitable for recording, vesting title to the Property in the name of Buyer. In the event legally abandon- ed underground storage tanks are located on the Property, the location of same shall be described in the Grant Deed; 4.2.2 A partial reconveyance of any trust deeds recorded against Seller's property as to that .portion of Seller's property which Buyer is acquiring through this Agree- ment; and 4.2.3 An executed License Agreement as Provided in paragraph 15.3.4 herein. 5. CONDITION OF -TITLE 5.1 Title.. Title shall be conveyed by Seller as set forth in paragraph 4 herein, free of all liens, encumbrances, covenants, conditions, restrictions, easements, and rights of way of. record, leases or other possessory interests, other than the following: 5.1.1 Then- current taxes not yet delinquent; .5.1.2 Current assessments not yet then due and payable; PRATHE2B.PUR 3 7/29/86 4.1.3 A Preliminary Change of Ownership Information Statement as required by the County Assessor of San Luis Obispo County unless the Buyer is exempt from said require- ment by law; 4.1.4 An executed Certificate of Acceptance; and 4.1.5 An executed License Agreement as provided in paragraph 15.3.4 herein. 4.2 Sellers Deliveries. Seller shall deliver the following to Escrow Agent not later. than 4:30 p.m., on the day prior to the close of escrow for release and /or recording and delivery to Buyer and to pay Seller's costs hereunder. 4.2.1 A Grant Deed for the Property, or such other instrument as agreed by the parties, duly executed and acknowledged and in form suitable for recording, vesting title to the Property in the name of Buyer. In the event legally abandon- ed underground storage tanks are located on the Property, the location of same shall be described in the Grant Deed; 4.2.2 A partial reconveyance of any trust deeds recorded against Seller's property as to that .portion of Seller's property which Buyer is acquiring through this Agree- ment; and 4.2.3 An executed License Agreement as Provided in paragraph 15.3.4 herein. 5. CONDITION OF -TITLE 5.1 Title.. Title shall be conveyed by Seller as set forth in paragraph 4 herein, free of all liens, encumbrances, covenants, conditions, restrictions, easements, and rights of way of. record, leases or other possessory interests, other than the following: 5.1.1 Then- current taxes not yet delinquent; .5.1.2 Current assessments not yet then due and payable; PRATHE2B.PUR 3 7/29/86 C J 5.1.3 Such other exceptions to title as are approved by Buyer pursuant to Section 5.2 below; 5.1.4 Liens and encumbrances resulting from or attributable to the activities of Buyer pursuant to its right to enter upon the Property for inspection, surveying and testing purposes; and 5'.1.5 The License Agreement referred to in paragraph 15.3.4. herein. 5.2 Approval of Title. Buyer hereby approves those exceptions and exclusions set forth on that certain preliminary title report dated March 4, 1986, and attached hereto as Exhibit "C" except numbers 5 and 6. 5.3 Defects in Title. Seller shall have until the scheduled closing date specified in Section 7, below, to remove those exceptions referred to in paragraph 5.2 herein. If, in the reasonable judgment of Buyer, Seller has been unable to remove said exceptions by such date, then Buyer, at its option, may elect (a) to proceed to close the escrow, or (b) to terminate this escrow by giving written notice of termination to Escrow Agent and to Seller prior to the expiration of ten (10) days After the "scheduled closing date. Should Buyer give written. notice of termination of escrow a_s provided herein, Seller and /or Escrow Agent shall return to Buyer any sums previously paid to Seller- pursuant to this Agreement, and any interest accrued thereon, and shall pay all escrow cancellation charges. Buyer And Seller shall thereupon be relieved and discharged of any further liability to one another hereunder for the purchase and sale of the Property. 6. CONDITIONS TO CLOSING The Escrow Agent shall file, record and deliver the closing documents and disburse to Seller the purchase price and other sums payable to Seller hereunder provided that, at the closing date: 6.1 Occurrence of Conditions. All conditions of this Purchase Agreement and Escrow Instructions have been fully performed; and 6.2 Issuance of Title Policy. Escrow Agent is then in a position to procure and deliver to Buyer a standard coverage CLTA Owner's policy of title insurance issued by Ticor Title Insurance of California, in the usual form containing the usual printed exceptions. The liability on such title insurance policy shall be in an amount equal.to the purchase price of the Property and said policy shall show title to the Property vested in Buyer, or Buyer's nominee, subject only to those exceptions to title PRATHE2B.PUR 4 7/29/86 specified in Section 5.1, above, or approved by Buyer pursuant to Section 5.2 above. Buyer, at its option may increase the coverage under such policy but any additional premium shall be at the cost and expense of Buyer. 7. ESCROW OPENING AND CLOSING DATE 7.1 Scheduled opening Date. Buyer shall cause escrow to be opened within five (5) days after the effective date of this agreement. 7.2 Scheduled Closing Date. as hereinafter provided, escrow shall (30) days after the effective date of date is a weekend or legal holiday shall close on the following day that holiday. As used herein, the closing which a Grant Deed or other instrument the Property in Buyer is recorded in Recorder of San Luis Obispo County, Property is situated; and Subject to an extension close on or before thirty this Agreement unless said in which event the escrow is not a weekend or legal date shall be the date on as agreed vesting title to the offices of the County the county in which the 7.3 Extension by Mutual Agreement. The closing date may be extended by written .instructions to the Escrow Agent executed by both Buyer and Seller.. S. PRORATIONS 8.1 Escrow Agent shall prorate between Buyer and Seller as of the close of escrow, on the basis of thirty -day (30) months, and a 360 day year general and special property taxes, bonds and assessments on the Property for the then current fiscal year. 9. PAYMENT OF ESCROW FEE AND- CLOSING COSTS 9.1 Seller's Costs. Seller shall pay all documentary and local transfer taxes related to the conveyance of title to the Property to Buyer and the costs of preparing and recording the Grant Deed for the Property. 9.2 Buyer's Costs. Buyer shall pay all costs and fees related to any financing obtained by Buyer, the costs of preparing, filing and /or recording any documents related thereto and the cost of the CLTA owner's policy referred to in paragraph 6.2 herein. 9.3 Prorated Costs and Fees. Except as otherwise expressly provided herein, charges made by the Escrow Agent for its services and other advances made by Escrow Agent for record- ation and filing fees shall be allocated between and borne by Buyer and Seller in accordance with the customary practice of Escrow Agent. PRATHE2B.PUR 5 1/29/86 9.4 Cancellation Fees. Should this escrow fail to close on or before the scheduled closing date, or any extension thereof as provided herein, due to the fault or neglect of Buyer or Seller or the failure of Buyer or Seller to perform their respective obligations hereunder, then, as between Buyer and Seller, all escrow costs and fees shall be paid by the defaulting party. 10. TIME Time is of the essence of each and every provision of this Agreement and the Instructions contained herein. 11. FAILURE OF CONDITIONS: TERMINATION 11.1 If any condition to the close of escrow :specified in this Agreement fails to occur on or before the scheduled closing date, then any party who, in the exercise of reasonable judgment, believes it is.not in default in the perfor- mance of its obligations under these Instructions and that the other party is in default in the performance of its obligations, shall have the right to give written notice of termination of this Agreement and the escrow established hereunder to the Escrow Agent, specifying the reason therefore. 11.2 Promptly upon receipt of any such notice, Escrow Agent shall furnish a copy thereof to the other party. If such other party does not give written notice to the Escrow Agent within ten (10) business days .after its receipt of a copy of the notice of termination, objecting to the termination of the escrow and setting forth the basis of such objection, then this escrow shall be terminated. If timely written objection of the termina- tion of this escrow is made by the other party, then the Escrow Agent shall proceed as provided in Section 14.2, below. 11.3 The exercise of the right to terminate shall not constitute a waiver of the rights which either party may have against the other for breach of or failure to perform its obliga- tions hereunder. Subject to the provisions of paragraph 5.3 herein, upon termination of the escrow as provided herein, and the payment of escrow costs and fees, the Escrow Agent shall remit to the party entitled thereto any monies, documents or instruments deposited with the Escrow Agent hereunder. 12. BROKER'S COMMISSIONS Seller represents and warrants to Buyer and Buyer represents and warrants to Seller that no broker, salesman, or finder has been engaged by it, respectively, in connection with the transaction contemplated by this Agreement. Should any claim for any broker's or finder's fee or commission be made in PRATHEM PUR 6 7/29/86 connection with the negotiation, execution, or consummation of the transaction contemplated by this agreement, Buyer shall indemnify, defend and hold Seller harmless from and against any such claim upon any statement, representation or agreement shown to have been made by Buyer, and Seller shall indemnify, defend and hold Buyer harmless from and against any such claim based upon any statement, representation or agreement shown to have been made by Seller. 13. ADDITIONAL ESCROW INSTRUCTIONS The parties hereto agree to execute such additional escrow instructions as may reasonably be required by the Escrow Agent promptly after a request therefore from said Agent; pro- vided, however, that no such additional escrow instructions shall be inconsistent with the terms or conditions hereof. Any conflict between the provisions of these instructions and any printed, standard form escrow instructions that may be executed by the parties shall be resolved in favor of these instructions unless expressly noted to the contrary by the parties in writing. 14. GENERAL INSTRUCTIONS 14.1 Escrow Fees Indemnification 14.1.1 Buyer and Seller shall pay the customary fees of the Escrow Agent in San Luis County, and shall. reimburse such Agent's disbursements, as provided in Sect -ion 9, above. 14.1.2 Buyer and Seller jointly and severally agree to pay, and to hold Escrow Agent harmless from and against any and all costs, charges, damages, judgments and attorneys' fees which Escrow Agent may incur or suffer in connection with or arising out of this escrow, including those attributable to can- cellation of this escrow upon notice of termination given as provided by these instructions, but excluding those attributable to the fault or neglect of Escrow Agent or its failure to perform its duties and obligations hereunder. 14.2 Conflicting Demands. Should Escrow Agent receive or become aware of any conflicting demands or claims with respect to this escrow or the rights of any party with respect to this escrow or the rights or any party hereto or any money or property deposited herein or affected hereby; Escrow Agent shall have the right to discontinue its performance under these instructions until the conflict is resolved to its satisfaction, and shall have the further right to commence or defend any action or proceeding, including interpleader proceedings, for the purposes of resolving such conflict, and to be indemnified from the costs and.expense thereof as provided in Section 14.1, above. PRATHE2B:PUR 7 7/29/86 14.3 Time for Closing. If Escrow Agent is unable to comply within the time specified herein for the close of escrow, Escrow Agent will return any /or all documents, money or property to the parties in accordance with these instructions upon termi- nation of escrow as provided in Section 11, above. In the absence of such termination, Escrow Agent will proceed to consummate this escrow as soon as possible. 14.4 Checks and-Disbursements. All deposits of monies into escrow shall be made by cash or by certified or cashier's Check payable to the order of the Escrow Agent unless Escrow Agent agrees to accept funds in another form. All disbursements shall be made by the Escrow Agent on its usual form of escrow check, and shall be mailed by United 'States mail to the address of the party entitled thereto as set forth on the signature page of these instructions unless disbursement in another manner is requested by the party entitled to such funds in supplemental escrow instructions accepted by the Escrow Agent. 14.5 Counterparts.. These instructions may be executed in one or more counterparts, each of which, when so executed, shall be deemed an original, and each such counterpart together shall constitute one and the same instrument. 14.6 Copies to Agents. Escrow Agent is authorized to furnish a copy of these instructions, or any amendments thereto, closing statements and /or any other documents deposited in this escrow to the lender or lenders of the parties and /or their respective counsel, upon the request of any such persons. 14.7 Endorsement of Closing Date. The Escrow Agent is hereby authorized to endorse the date of the close of escrow on all promissory notes, trust deeds and other documents and instruments required to be delivered to the Buyer and /or Seller upon the close of escrow. 14.8 Notices. The Escrow Agent is authorized to give any notices permitted or required to be given to the parties pur- suant to these instructions in accordance with the,provisions of. Section 15.9, of this Agreement. 15. ADDITIONAL AGREEMENT OF THE.PARTIES As part of their agreement, but with which the Escrow Agent need not be concerned, Buyer and Seller further agree as follows: 15.1 Mutual Covenants of.:Buver and Seller. Seller represents and warrants to Buyer, and Buyer warrants and repre- sents to Seller that: PRATHE2B.PUR 8 7/29/86 15.1.1 The Warranting Party has the full right, power and authority to enter into this Agreement; 15.1.2 The Warranting Party is duly organized, validly existing and in good standing under the laws of the State of California and is qualified and licensed under any and all. applicable laws, regulations and ordinances to carry on its business in the places and in the which the same is presently conducted; 15.1.3 This Agreement and all agreements, instruments and documents herein provided to be executed are duly executed by and binding upon the Warranting Party; and 15.1.4 This Agreement does not now and shall not hereafter breach, invalidate, cancel, make inoperative or interfere with any contract, agreement, instrument, mortgage, Deed of Trust, promissory note, lease, bank loan or credit agreement to which the Warranting Party is subject or by which it is bound. 15.2 Additional Representations of Seller. Seller further warrants and represents to Buyer that: 15.2.1 There are no condemnation proceedings pending or threatened against the Property except as may be instituted by Buyer; and 15.2.2 The title conveyed to Buyer will be a marketable fee simple title, not encumbered by any easement, license, or other rights not disclosed by public records or specifically referred to in this Agreement; 15.2.3 Seller hereby makes certain representa- tions and warranties as of the close of escrow and shall be conditions precedent to the close of escrow as follows: a) There are no actions, suits, claims, legal proceedings or any other proceedings effecting the Property or any portion thereof at law or in equity or before any Court or governmental agency, domestic or foreign; b) There are no buildings on the Property qualifying as historical structures; C) Seller has no knowledge of any pending or threatened proceeding in eminent domain or otherwise by any public entity other than that relating to the widening of Hguera Street by the City of San Luis Obispo; d) There are no leases, subleases, occupan- cies or tenancies in effect pertaining to the Property; PRATHEM PUR 9 7/29/86 o e) That there are no liens or encumbrances on, or claims to, or covenants, conditions and restrictions, easements, rights of way, rights of first refusal, options to purchase or other matters effecting the Property; f) That there is no material adverse fact or condition relating to the Property or any portion thereof, which has not been specifically disclosed in writing by Seller to Buyer; g) That Seller has the legal power, right and authority to enter into an agreement for the sale of this Property to Buyer; h) That there are no fixtures on the Pro- perty in which anyone other than the Seller will have any claim, rights or security or other interests at the close of escrow; i) That there ate no encroachments on to the Property" of improvements located on any adjoining property nor to any improvements located on the Property located on to any adjoining property; j) That there are no prescriptive or other easements effecting the Property; and k) That all underground storage tanks have been removed from the Property or legally abandoned thereon, that the property shall be free from gasoline or other petroleum byproducts contamination and the soil filled and recompacted to ninety (90 %) percent relative compaction based on a soils test. 15.3 Right of .Entry /Easement re Passage 15.3.1 Seller agrees that Buyer and its officers, agents and employees shall be entitled to enter into and upon the Property for the purpose of making such inspections, surveys, engineering, soils and geological tests, including test borings and soundings, and other studies as Buyer shall determine to be necessary or desirable. 15.3.2 Buyer agrees to keep the Property free and clear of all liens resulting from or attributable to Buyer's activities on the Property prior to the close of escrow, and shall indemnify and hold Seller free and harmless from. any damage, liability, cost or expense, including attorneys' fees, resulting from or attributable to Buyer's activities on the Property. 15.3.3 If Buyer fails to complete the purchase of the Property as provided by this Agreement for any reason PRATHE2B.PUR 10 7/29/86 U other than the fault or neglect the Property to substantially the to Buyer's entry pursuant to this O of Seller, Buyer same condition as Section 15.3. shall restore existed prior 15.3.4 Buyer and Seller agree to execute and acknowledge the License Agreement a copy of which is attached hereto, marked Exhibit "D ", and hereby incorporated herein by this reference, allowing Seller the nonexclusive use of the Property for ingress and egress until such time as Buyer- has completed the improvements related to the widening of Higuera Street. As set forth therein Seller agrees to indemnify and hold Buyer harmless from the actions or omissions of Seller or Sellers' agents or invitees related to Sellers' __ of the Property. 15.4 Conditions of Approval. Each of the conditions of the close of escrow set forth herein shall be deemed to be covenants and Buyer and Seller each promise to the other to perform all of the conditions required to be satisfied by them hereunder. 15.5 Survival of_ Representations. The representations of each of the parties and their executory covenants, excepting the representation set forth in paragraph 15.2.4 subparagraph k, shall survive the close of escrow and shall not be merged in the Grant Deed delivered to and accepted by Buyer. The representa- tion set forth in paragraph. 15.2.4 subparagraph k shall not survive the close of escrow. 15.6 Possession. Possession of the Property shall be delivered to Buyer immediately upon the close of escrow. 15.7 Remedies. Should either party default in the performance of any of its obligations hereunder, or fail to complete the sale and purchase provided for herein, the nonde- faulting party shall be excused from all obligations and duties and may proceed against the defaulting party on any cause of action or any remedy at law or in equity (including the right of Buyer to specific performance). 15.8 Binding Effect; Assignment. Buyer shall not be entitled to assign its rights and /or to delegate its duties hereunder to any person. or entity, other than a governmental entity, and any purported assignment or attempt to assign shall be null and void and without legal effect. 15.9 Notices. Any notices permitted or required hereunder shall be in writing and shall be deemed to have been given when personally delivered or on the third business day after the date on which mailed by certified or registered mail, return receipt requested, addressed as follows: PRATHE2B.PUR 11 7/29/86 15.10 Attorneys' Fees. Should any action or proceeding be necessary to construe or enforce the terms or con- ditions of this Agreement, or the validity thereof, then the party prevailing in such action shall be entitled to recover all court costs and reasonable attorneys' fees, to be fixed by the court and taxed as part of the judgment therein. 15.11 Further Assurances. Buyer and Seller each agree to cooperate with one another and to perform such acts and to execute such documents or instruments as may be necessary or proper to consummate the transaction contemplated by this Agree- ment and the foregoing instructions. 15.12 Interpretations. As used in this Agreement, the masculine, feminine and neuter gender and the singular or plural numbers shall each be deemed to include the other whenever the context indicates or requires. The captions to the various Sections and paragraphs of this Agreement are only for convenience and reference purposes and are not intended to define or limit the provisions to which they relate. The parties agree that each party and counsel have reviewed this Agreement and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not apply in the interpretation of this agreement or any amendments or exhibits thereto. 15.13 Effective Date. This Agreement shall be effective on the date it is approved by Buyer's City Council. Said approval shall be given no later than August 5, 1986 or this Agreement shall be null and void and without further effect. 15.14 Complete Agreement.. This document and its exhibits constitute the entire agreement of the parties and. may not. be altered or amended except by an agreement in writing signed by the parties after the date hereof. PRATHE2B.PUR 7/29/86 12 v I V To Seller: Mr. and Mrs. Paul Prather c/o Budget Rent a Car 617 South Broadway Santa Maria, California 93454 To Buyer: City Attorney Post Office Box 8100 San Luis Obispo, California 93403 -8100 15.10 Attorneys' Fees. Should any action or proceeding be necessary to construe or enforce the terms or con- ditions of this Agreement, or the validity thereof, then the party prevailing in such action shall be entitled to recover all court costs and reasonable attorneys' fees, to be fixed by the court and taxed as part of the judgment therein. 15.11 Further Assurances. Buyer and Seller each agree to cooperate with one another and to perform such acts and to execute such documents or instruments as may be necessary or proper to consummate the transaction contemplated by this Agree- ment and the foregoing instructions. 15.12 Interpretations. As used in this Agreement, the masculine, feminine and neuter gender and the singular or plural numbers shall each be deemed to include the other whenever the context indicates or requires. The captions to the various Sections and paragraphs of this Agreement are only for convenience and reference purposes and are not intended to define or limit the provisions to which they relate. The parties agree that each party and counsel have reviewed this Agreement and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not apply in the interpretation of this agreement or any amendments or exhibits thereto. 15.13 Effective Date. This Agreement shall be effective on the date it is approved by Buyer's City Council. Said approval shall be given no later than August 5, 1986 or this Agreement shall be null and void and without further effect. 15.14 Complete Agreement.. This document and its exhibits constitute the entire agreement of the parties and. may not. be altered or amended except by an agreement in writing signed by the parties after the date hereof. PRATHE2B.PUR 7/29/86 12 �I IN WITNESS WHEREOF, Buyer and Seller have executed this Purchase Agreement and these Escrow Instructions on the date set forth opposite their respective names. Dated: g Ig lg� ATTEST: / V City Clerk Pame Voges l BUYER CITY OF SAN LUIS OBISPO, a chartered municipal corporation By, mayor rolri'l3unin S ET LER ,// Date PAUL PRATHER - eo Date PRATHE2B.PUR 7/29/86 13 C`, J 152544 -DW PAGE 4 (DW1) DESCRIPTION PARCEL 1: THAT PORTION OF LOT 1 IN BLOCK 149 OF J. HARFORD'S ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AS SHOWN ON MAP FILED IN BOOK A, PAGE 123 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTHERLY LINE OF SOUTH STREET WITH THE WESTERLY LINE OF HIGUERA STREET, AS SHOWN ON SAID MAP; THENCE ALONG THE WESTERLY LINE OF HIGUERA STREET, SOUTH 30 15' 00" WEST, 216.46 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 860 48' 00" WEST, 120.00 FEET; THENCE SOUTH 3° 15' 00" WEST, 103.05 FEET TO THE SOUTHERLY LINE OF THE PORTION OF SAID LOT 1 DESCRIBED IN THE DEED TO R. A. LOOMIS, RECORDED MAY 25, 1876 IN BOOK H, PAGE 449 OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG SAID SOUTHERLY LINE, SOUTH 81° 11' 30" EAST, 114.77 FEET TO THE WESTERLY LINE OF THE LAND DESCRIBED IN THE DEED TO THE STATE OF CALIFORNIA, RECORDED AUGUST 21, 1961 IN BOOK 1140, PAGE 47 OF OFFICIAL RECORDS; THENCE ALONG SAID WESTERLY LINE, NORTHERLY FROM A TANGENT LINE BEARING NORTH 170 02' 34" EAST, ALONG A CURVE CONCAVE WESTERLY_ HAVING A RADIUS OF 200 FEET,,THROUGH A CENTRAL ANGLE OF 130 47' 34 ", AN ARC DISTANCE OF 48.15 FEET TO THE WESTERLY LINE OF SAID HIGUERA STREET; THENCE ALONG SAID WESTERLY LINE OF HIGUERA STREET, NORTH 3° 15' 00" EAST, 66.59 FEET TO THE TRUE POINT OF BEGINNING. PARCEL 2: AN EASEMENT FOR DRIVEWAY PURPOSES OVER THAT PORTION OF LOT 1 IN BLOCK 149 OF J. HARFORD'S ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AS SHOWN ON MAP .FILED IN BOOK A, PAGE 123 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTHERLY LINE OF SOUTH STREET WITH THE WESTERLY LINE OF HIGUERA STREET, AS SHOWN ON SAID MAP; THENCE ALONG THE WESTERLY LINE OF BIGUERA STREET, SOUTH 3° 15' 0'0" WEST, 196.46 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING ALONG SAID WESTERLY LINE, SOUTH 30 1.5' 00" WEST, 20.00 FEET; THENCE NORTH 86° 48' 00" WEST, 20.00 FEET; THENCE NORTH 480 13' 27" EAST, 28.30 FEET TO THE TRUE POINT OF BEGINNING. E AX ri is I 111131T "Alf -�' 152544 -DW PAGE 5 (DWI) PARCEL 3: THAT PORTION OF LOT 1 IN BLOCK 149 OF J. HARFORD'S ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AS SHOWN ON MAP FILED IN BOOK A, PAGE 123 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF THAT PARCEL OF LAND SURVEYED IN 1963 AND SHOWN ON MAP FILED FOR RECORD IN BOOK 13, PAGE 23 OF RECORD OF SURVEYS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE RUNNING WESTERLY ALONG THE EXTENSION OF THE SOUTHERLY LINE OF SAID PARCEL, NORTH 810 11' 30" WEST, 69.08 FEET TO A POINT IN THE EAST LINE OF THE NIPPON TRACT RECORDED IN BOOK 5, PAGE 2.3 OF MAPS; THENCE NORTHERLY ALONG SAID EAST LINE NORTH 60 31' EAST, 78.37 FEET; THENCE LEAVING SAID EAST LINE AND RUNNING SOUTH 860 48' EAST, 64.27 FEET TO A POINT ON THE WEST LINE OF THAT PARCEL SHAWN ON SAID RECORD OF SURVEY MAP IN BOOK 13, PAGE 23; THENCE SOUTH 30 15' WEST, 85.59 FEET ALONG SAID WEST LINE TO POINT OF BEGINNING. PARCEL 4: THAT PORTION OF LOT 1 IN BLOCK 149 OF J. HARFORD'S ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AS SHOWN ON MAP FILED IN BOOR A, PAGE 123 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF THAT PARCEL OF LAND SURVEYED IN 1963 AND SHOWN ON MAP FILED FOR RECORD IN BOOR 1.39 PAGE 23 OF RECORD OF SURVEYS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE RUNNING NORTH 30 15' EAST 85..59 FEET ALONG THE WEST LINE OF SAID PARCEL TO THE POINT OF BEGINNING; THENCE LEAVING SAID WEST LINE.AND RUNNING NORTH 860 48' WEST 64.27 FEET TO A POINT ON THE EAST LINE OF THE NIPPON TRACT SHOWN IN BOOK 5, PAGE 23 OF MAPS; THENCE RUNNING NORTH 60 31' EAST 17.49 FEET ALONG SAID EAST LINE TO A POINT; THENCE LEAVING SAID EAST LINE AND RUNNING SOUTH 860 48' EAST 63.27 FEET TO THE NORTHWEST CORNER OF SAID PARCEL SHOWN ON SAID RECORD OF SURVEY MAP IN BOOK 13, PAGE 23; THENCE RUNNING SOUTH 3° 15' WEST, 17.46 FEET ALONG SAID WEST LINE TO THE TRUE POINT OF BEGINNING. (END OF DESCRIPTION) �/ A-Ar rr .F�DJS �r\- DDJJN 13LOGK 9bo- - - -L -� 149 yy9 --I aLOOq 80 _- LOT 116 �- z 3 5_ cA g 0 z CZ L T W Ma- 1Y 47'34' 42. ►5' 24.19' M HI&VERA ST. TO CITY OF SAN LUIS 00ISpO SETBACK LINE WIPEN1NGr DZD N 30 IS' CO u E rM0 4" 8 N P. D. g. TOTAL AREA: 262 SR FT EXHIBIT "B" RENT -A -CAR That portion of Lot 1 of Block 149 of the J. Harford Addition, in the City of San Luis Obispo, County of San Luis Obispo, according to the map thereof recorded in Book A, Page 123 of Maps, in the office of the County Recorder of said County, which is described as follows: Beginning at a point on the westerly line of Higuera Street that bears South 30 15' 00" West, 216.46 feet from the intersection of the westerly line of Higuera Street with the southerly line of South Street, as said points are shown on Record of Survey recorded in Book 13 page 23; thence South 30 15' 00" West along the westerly line of Higuera Street, a distance of 66.59 feet to a point; thence on a curve to the right, tangent to the last described line, with a radius of 200.00 feet, through an angle of 130 47' 34 ", for a length of 48.15 feet to a point; thence North 810 11' 30" West, a distance of 25.54 feet to a point; thence northerly on a curve having a tangent that bears North 160 01' 53" East, with a radius of 250.00 feet through an angle of 120 46' 53 ", for a length of 55.17 feet to a point; thence North 30 15' 00" East, a distance of 56.46 feet to a point; thence South 860 48' 00" East, a distance of 25.00 feet to the Point of Beginning. Containing .0657 acres, more or less. TPG /desc by P R E L I M I N A R Y R E P O R T TICOR TITLE INSURANCE 1212 MARSH STREET SAN LUIS OBISPO, CALIFORNIA 93406 (805) 543 -2900 CITY OF SAN LUIS OBISPO ATTN: ANN RUSSELL BOX 8100 SAN LUIS OBISPO, CA. 93403 YOUR REFERENCE: PRATHER OUR NO. 152544 IN RESPONSE TO THE ABOVE REFERENCED APPLICATION FOR A POLICY OF TITLE INSURANCE, TICOR TITLE INSURANCE COMPANY OF CALIFORNIA HEREBY REPORTS THAT IT IS PREPARED TO ISSUE, OR CAUSE TO BE ISSUED, AS OF THE DATE HEREOF, A POLICY OR POLICIES OF TITLE INSURANCE DESCRIBING THE LAND AND THE ESTATE OR INTEREST THEREIN HEREINAFTER SET FORTH, INSURING AGAINST LOSS WHICH MAY BE SUSTAINED BY REASON OF ANY DEFECT, LIEN OR ENCUMBRANCE NOT SHOWN OR REFERRED TO AS AN EXCEPTION BELOW OR NOT EXCLUDED FROM COVERAGE PURSUANT TO THE PRINTED SCHEDULES, CONDI- TIONS AND STIPULATIONS OF SAID POLICY FORMS. THE PRINTED EXCEPTIONS AND EXCLUSIONS FROM THE COVERAGE OF SAID POLICY OR POLICIES ARE SET FORTH ON THE ATTACHED COVER. COPIES OF THE POLICY FORMS SHOULD BE READ. THEY ARE AVAILABLE FROM THE OFFICE WHICH ISSUED THIS REPORT. THIS REPORT (AND ANY SUPPLEMENTS OR AMENDMENTS THERETO) IS ISSUED SOLELY FOR THE PURPOSE OF FACILITATING THE ISSUANCE OF A POLICY OF TITLE INSURANCE AND NO LIABILITY IS ASSUMED HEREBY. IF IT IS DESIRED THAT LIABILITY BE ASSUMED PRIOR TO THE ISSUANCE OF A POLICY OF TITLE INSURANCE, A BINDER OR COMMITMENT SHOULD BE REQUEST- ED. DATED AS OF MARCH 4, 1986, AT 7:30 A.M. TITLE OFFICER: DEBBIE WEGEMER THE FORM OF POLICY OF TITLE INSURANCE CONTEMPLATED BY THIS REPORT IS: CLTA STANDARD COVERAGE POLICY - 1973 EXHUBIT "C" I 152544 -DW PAGE 2 (DWI) THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS A FEE. TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN: PAUL PRATHER AND JACQUELINE PRATHER, HUSBAND AND WIFE AS JOINT TENANTS AT THE DATE HEREOF EXCEPTIONS TO COVERAGE IN ADDITION TO THE PRINTED EXCEPTIONS AND EXCLUSIONS CONTAINED IN SAID POLICY FORM WOULD BE AS FOLLOWS: 1. FOR TARES, BONDS AND ASSESSMENTS, CURRENT OR DELINQUENT, SEE EXHIBIT "I" ATTACHED. 2. A WAIVER IN FAVOR OF THE STATE OF CALIFORNIA OF ANY CLAIMS FOR DAMAGES TO SAID LAND BY REASONS STATED HEREIN, CONTAINED IN THE DEED FROM JOSEPH ESCOBEDO REASON LOCATION, CONSTRUCTION, LANDSCAPING AND MAINTENANCE OF A HIGHWAY CONTIGUOUS THERETO RECORDED AUGUST 21, 1961 IN BOOK 1140, PAGE 47 OF OFFICIAL RECORDS. 3. A RIGHT OF WAY OVER THE WESTERLY PORTION OF PARCELS 2 AND 3 AND AN EASEMENT OVER A RECTANGULAR PARCEL OF LAND WITHIN PARCELS 2 AND 3 AS DISCLOSED BY A MAP RECORDED IN BOOK 6, PAGE 108 OF RECORD OF SURVEYS. 4. COVENANT DATED BY 6 BETWEEN FOR RECORDED APRIL 3, 1963 SIGNAL OIL COMPANY (A DIVISION OF STANDARD OIL COMPANY OF CALIFORNIA), AND MARTIN V. SMITH A CONDITIONAL USE PERMIT APRIL 11, 1963 IN BOOK 1235, PAGE 300 OF OFFICIAL RECORDS. i 152544 -DW PAGE 3 (DW1) 5. AN UNRECORDED LEASE, AFFECTING THE PREMISES HEREIN STATED, EXECUTED BY AND BETWEEN THE PARTIES NAMED HEREIN, FOR THE TERM AND UPON THE TERMS, COVENANTS AND CONDITIONS THEREIN PROVIDED, TYPE. OF LEASE COMMERCIAL DATED MARCH 30, 1967 LESSOR STANDARD OIL COMPANY OF CALIFORNIA LESSEE HUMBLE OIL & REFINING COMPANY DISCLOSED BY MEMORANDUM OF SUBLEASE OF PFI PROPERTIES RECORDED APRIL 26, 1967 IN BOOK 1432, PAGE 642 OF OFFICIAL RECORDS AFFECTS PARCELS 1 AND 2 HEREIN DESCRIBED NO REPRESENTATION IS MADE AS TO THE PRESENT OWNERSHIP OF SAID LEASE- HOLD OR MATTERS AFFECTING THE RIGHTS OR INTERESTS OF THE LESSOR OR LESSEE ARISING OUT OF OR OCCASIONED BY SAID LEASE. 6. A DEED OF TRUST, AND NESS OF THE AMOUNT STATED DATED ORIGINAL AMOUNT TRUSTOR TRUSTEE BENEFICIARY RECORDED INSTRUMENT NO DESCRIPTION: THE LAND REFERRED CALIFORNIA, COUNTY ATTACHED HERETO. DW:VH 3/18/86 ALL TERMS THEREOF, TO SECURE AN INDEBTED - HEREIN, APRIL 12, 1985 $112,500,.00 PAUL PRATHER AND JACQUELINE PRATHER, HUSBAND AND WIFE AS JOINT TENANTS MSB PROPERTIES, INC. MID -STATE BANK, A CALIFORNIA BANKING CORPORATION MAY 13, 1985 IN BOOK 2706, PAGE 359 OF OFFICIAL RECORDS 25932. TO IN THIS REPORT I.S SITUATED IN THE STATE OF OF SAN LUIS OBISPO, AND IS DESCRIBED AS FOLLOWS: I r 152544 -DW PAGE 4 (DWI) DESCRIPTION PARCEL 1: THAT PORTION OF LOT 1 IN BLOCK 149 OF J. HARFORD'S ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AS SHOWN ON MAP FILED IN BOOK A, PAGE 123 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTHERLY LINE OF SOUTH STREET WITH THE WESTERLY LINE OF HIGUERA STREET, AS SHOWN ON SAID MAP; THENCE ALONG THE WESTERLY LINE OF HIGUERA STREET, SOUTH 3° 15' 00" WEST, 216.46 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 86° 48' 00" WEST, 120.00 FEET; THENCE SOUTH 30 15' 00" WEST, 103.05 FEET TO THE SOUTHERLY LINE OF THE PORTION OF SAID LOT 1 DESCRIBED IN THE DEED TO R. A. LOOMIS, RECORDED MAY 25, 1876 IN BOOK H, PAGE 449 OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG SAID SOUTHERLY LINE, SOUTH 81° 11' 30" EAST, 114..77 FEET TO THE WESTERLY LINE OF THE LAND DESCRIBED IN THE DEED TO THE STATE OF CALIFORNIA, RECORDED AUGUST 21, 196.1 IN BOOK 11402 PAGE 47 OF OFFICIAL RECORDS; THENCE ALONG SAID WESTERLY LINE, NORTHERLY FROM A TANGENT LINE BEARING NORTH 17° 02' 34" EAST, ALONG A CURVE CONCAVE WESTERLY HAVING A RADIUS OF 200 FEET, THROUGH A CENTRAL ANGLE OF 13° 47' 34 "; AN ARC DISTANCE OF 48.15 FEET TO THE WESTERLY LINE OF SAID HIGUERA STREET; THENCE ALONG SAID WESTERLY LINE OF HIGUERA STREET, NORTH 3° 15' 00" EAST, 66.59 FEET TO THE TRUE POINT OF BEGINNING. PARCEL 2: AN EASEMENT FOR DRIVEWAY PURPOSES OVER THAT PORTION OF LOT 1 IN BLOCK 149 OF J. HARFORD'S ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AS SHOWN ON MAP FILED IN BOOK A, PAGE 123 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTHERLY LINE OF SOUTH STREET WITH THE WESTERLY LINE OF HIGUERA STREET, AS SHOWN ON SAID MAP; THENCE ALONG THE WESTERLY LINE OF HIGUERA STREET, SOUTH 30 15' 00" WEST, 196.46 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING ALONG SAID WESTERLY LINE, SOUTH 30 15' 00" WEST, 20.00 FEET; THENCE NORTH 860 48' 00" WEST, 20.00 FEET; THENCE NORTH 480 13' 27" EAST, 28.30 FEET TO THE TRUE POINT OF BEGINNING. -� 152544 -DW PAGE 5 (DW "1) PARCEL 3: THAT PORTION OF LOT 1 IN BLOCK 149 OF J. HARFORD'S ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA.,.AS SHOWN ON MAP FILED IN BOOK A, PAGE 123 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF THAT PARCEL OF LAND SURVEYED IN 1963 AND SHOWN ON MAP FILED FOR RECORD IN BOOK 13, PAGE 23 OF RECORD OF SURVEYS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE RUNNING WESTERLY ALONG THE EXTENSION OF THE SOUTHERLY LINE OF SAID PARCEL, NORTH 810 11' 30" WEST, 69.08 FEET TO A POINT IN THE EAST LINE OF THE NIPPON TRACT RECORDED IN BOOK 5, PAGE 23 OF MAPS; THENCE NORTHERLY ALONG SAID EAST LINE NORTH 60 31' EAST, 78.37 FEET; THENCE LEAVING SAID EAST LINE AND RUNNING SOUTH 860 48' EAST, 64.27 FEET TO A POINT ON THE WEST LINE OF THAT PARCEL SHOWN ON SAID RECORD OF SURVEY MAP IN BOOK 13, PAGE 23; THENCE SOUTH 30 15' WEST, 85.59 FEET ALONG SAID WEST LINE TO POINT OF BEGINNING. PARCEL 4: THAT PORTION OF LOT 1 .IN BLOCK 149 OF J. HARFORD'S ADDITION TO THE CITY OF SAN LUIS OBISPO, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AS SHOWN ON MAP FILED IN BOOR A, PAGE 123 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF THAT PARCEL OF LAND SURVEYED IN 1963 AND SHOWN ON MAP FILED FOR RECORD IN BOOK 13, PAGE 23 OF RECORD OF SURVEYS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE RUNNING NORTH 30 15' EAST 85.59 FEET ALONG THE WEST LINE OF SAID PARCEL TO THE POINT OF BEGINNING; THENCE LEAVING SAID WEST LINE AND RUNNING NORTH 860 48' WEST 64.27 FEET TO A POINT ON THE EAST LINE OF THE NIPPON TRACT SHOWN IN BOOK 5, PAGE 23 OF MAPS; THENCE RUNNING NORTH 60 31' EAST 17.49 FEET ALONG SAID EAST LINE TO A POINT; THENCE LEAVING SAID EAST LINE AND RUNNING SOUTH 860 48' EAST 63.27 FEET TO THE NORTHWEST CORNER OF SAID PARCEL SHOWN ON SAID RECORD OF SURVEY MAP IN BOOK 13, PAGE 23; THENCE RUNNING SOUTH 30 15' WEST, 17.46 FEET ALONG SAID WEST LINE TO THE TRUE POINT OF BEGINNING. (END OF DESCRIPTION) 152544 -DW PAGE 6 (DWI) EXHIBIT "I" 1. GENERAL AND SPECIAL COUNTY TAXES AND CITY TAXES FOR THE FISCAL YEAR 1.985 -1986, INCLUDING PERSONAL PROPERTY TAX, IF ANY, TOTAL. AMOUNT $1,287.44 FIRST INSTALLMENT $ 642.73 - PAID PERSONAL PROPERTY OF NONE IN THE AMOUNT OF NONE SECOND INSTALLMENT $ 642.73 CODE AREA 003 -000 PARCEL NO. 04- 801 -16 -000 TOTAL AMOUNT $429.14 FIRST INSTALLMENT $214.57 - PAID PERSONAL PROPERTY OF NONE IN THE AMOUNT OF NONE SECOND INSTALLMENT $214.57 CODE AREA PARCEL NO. 003 -000 04- 801 -18 -000 TOGETHER WITH SUCH ADDITIONAL AMOUNTS WHICH MAY BE ASSESSED BY REASON OF: (A) IMPROVEMENTS ADDED SUBSEQUENT TO MARCH 1, 1975; (B) CHANGES OF OWNERSHIP OCCURRING SUBSEQUENT TO MARCH 1, 1975; (C) ANY FINAL JUDGMENT DETERMINING THAT CONSTITUTIONAL ARTICLE XIII A HAS BEEN APPLIED IMPROPERLY; (D) REAPPRAISAL OF PROPERTY VALUES AS OF MARCH 1, 1975. 2. THE LIEN OF SUPPLEMENTAL TAXES, IF ANY, ASSESSED PURSUANT TO THE PROVISIONS OF CHAPTER 3.5 (COMMENCING WITH SECTION 75) OF THE REVENUE AND TAXATION CODE OF THE STATE OF CALIFORNIA. o• r.n,o s - 1S 3383.38 or n •c. uc. cc cs� � - N ,� I v 0 m O N O 4 5 ac J 20 Z m U. Q O.J y N Q LL V O J t Q v N n o= Um W Z Q W j �i::• „ O a r W O •G. '�G' � A � Y {L. Z ° z W N 2 co 3 I � w1 _ O U_ �• W N .t i r�rr �• Z w ��• 0 Q Z U IL a • 1 S ,Z i tGi:; a Z C Z (i 7� V W Z db3noiH o W j Z6i LT cr.il I Z Cki L O° -i W — h _o fc+��3� clr s Q m W O �� 9� .s O .. U I- _�� Est ti7� A 5 r Q • 1 O O W ov - o w • 0' ti. o - Z Z 1$!" O �O �ot/Bc�c rr►. �� �� a N N .a c C., r u.. TZ „ • - z ' \ s b� Obi 01 db do oikv n Recording Requested by: and when recorded return to: Mr. Paul Prather 617 South Broadway Santa Maria, California 93454 LICENSE AGREEMENT THIS AGREEMENT made this 5th day of August , 1986, by and between the City of San Luis Obispo, a chartered municipal corporation of the State of California, hereinafter referred to as "Licensor," and Paul Prather and Jackie Prather, husband and wife, hereinafter referred to as "Licensee." WHEREAS, Licensor and Licensee have entered into a certain "Purchase Agreement and Escrow Instructions" dated , 1986, under the terms of which Licensor shall acquire title to that certain real property consisting of a portion of Lot 1, Block 149 of J. Harford's addition as more fully described. in Exhibit "A" attached hereto, hereinafter referred to as the "Property "; and WHEREAS, Licensor is acquiring the Property for purposes of widening Higuera Street at some as yet undetermined future date; and WHEREAS, Licensee desires to obtain permission to use the Property for ingress and egress to his adjoining property after title to the Property passes to Licensor. NOW, THEREFORE, it is agreed as follows: Licensor, for and in consideration of the full and prompt performance of the acts to be performed by Licensee as herein set forth, hereby grants to Licensee, subject to the termination as herein provided and under the terms, conditions and provisions hereof, the right and privilege to construct, maintain, repair, renew and remove a paved access .roadway over and upon the Property, and to use the Property for ingress and egress to and from Licensees' adjoining property. Licensee is aware and understands that Licensor will be constructing street widening improvements on the Property which may effect and /or partially interfere with Licensee's use and enjoyment of the Property and the improvements thereon. Licensor PRATHE2.LIC 1 7/30/86 EXHIBIT "D" n and Licensee agree to cooperate as much as reasonably possible during the construction of said improvements to facilitate Licensee's use of the Property for ingress and egress. Licensor is aware and understands that Licensee will be constructing improvements on the property to facilitate its use for ingress and egress. Licensee shall not hereafter contend that the construction of said improvements renders this License irrevocable. Licensee shall not interfere with or obstruct the use of the Property by Licensor, or Licensoe's employees or agents, or injure or interfere with any person or property on or about the Property. The rights and privileges hereby conveyed are personal to Licensee and shall not be assigned .by Licensee, in whole or in part, without first obtaining the written consent of Licensor. No written consent by Licensor hereunder shall be deemed a waiver by Licensor of any of the provisions hereof, except of such consent. This License Agreement shall terminate as to all rights and obligations created hereby when Licensor has advised Licensee in writing that Licensor has completed the widening of Higuera Street, and all related improvements necessitated thereby. At said time Licensee shall execute, acknowledge and deliver to Licensor, a Quitclaim Deed relinquishing Licensee's interest in the Property. Licensee agrees to indemnify Licensor against, and save Licensor harmless from, all costs and expenses, including attorney fees, and all liability, claims and demands of Licensee and Licensees' employees, agents and. invitees, and any other persons for loss of or damage to property, or injury to or death of persons, which may result from the use of the Property by Licensee. Licensee agrees to pay Licensor in full and promptly upon demand for any and all loss of or damage to Licensoe's property caused by Licensee by, or growing out of any operations of Licensee hereunder or in connection herewith. Any notice provided herein to be given by either party hereto to the other may be served by depositing in the United States Post Office, postage prepaid, a sealed envelope containing a copy of such notice and addressed to said party at its princi- pal place of business as follows: To Licensor: City Attorney Post Office Box 8100 San Luis Obispo, California 93403 -8100 PRATHE2.LIC 2 7/30/86 f W C W S W J n a To Licensee: Mr. and Mrs. Paul Prather c/o Budget Rent a Car 617 South Broadway Santa Maria, California 93454 In witness whereof the parties have caused this agreement to be executed in duplicate by their proper officers, who are thereunto duly authorized. Dated: CAT. NO. NNO0627 TO 1944 CA (1 -83) (Individual) CITY OF SAN LUIS OBISPO, a chartered municipal corporation By Ma PAUL PRATHER CKIE PRATHEER ACKNOWLEDGEMENT J TICOR TITLE INSURANCE STATE OF CALIFORNIA COUNTY OF Santa Barbara SS. On August Z, 1986 before me, the undersigned, a Notary Public in and for said State, personally appeared Paul Prather personally known to me or Proved to me on the basis of satisfactory evidence to be the person_ whose name is subscribed to the within instrument and acknowledged that he exe- cuted the same. WITNESS my hand and official seal. OFFICIAL SEAL t .4T JEANNE M. NOTAKOS N=ry Public - California ' Principal Office In I ; San Luis Obispo County My Comm. Exp. Apr. 23; 1988 PRATHE2.LIC 3 7/30/86 (This area for official notarial seal) �qb r� r�.r� 1`J r) ' r D-c)' .I ROCK o - - -� --� -� 149 F �y9 ,. -1 eLOC)r 60 1 D 7 _ LOT 116 1 -- '�d 1- 100' o CO so. HWERA ST. 3 5_ cs� g a Zl� LO a Z N � ," g 8 1 ^ = 20 ' U) N C-7 h R 200. CO' 66. S9, A 13' 411344 L 0.15' T 24.19' TOTAL AREA: 2%1 M FT TO GITY OF SAN LUIS 00ISpD EI9T ddh� ,ETWK LINE WIPENINlr - - - -- - - -- - . _ N 30151 ^ E y�, . r •• a N .... .....: A ��:.;: �ll`... .... :..... :. ... .......::......:::::::::{ ':..'?Y: {;':'t:'Jf;.� ::ti ::• :.:V .4 ::': � ::.4::V::'.:4 : :V: '.V.� :::::.::�i::4i }ii+:�nv:i :::::::::.... . };. .. :..�:; %'.•; �'.f: y }r!1�4�!•y1 .: i': }; ..... ..................... .>;.::.': :�.;:�i:}ii:::i:�:�':ii.:.:i44i !::y :•i :r.:: :: ty::::: iv: ,v,..: •n::: ii:•ii;:i;C�i.}:;;'.• }y }C•: i:;4:• {• }: i:: +: ?i:W:: iY ::::.:::::::: i;:.: �::: iv:::::: v::::: :'.::: �::::: . .•1 :.. :•:: 1.:.::.:1/�{/y�y)� Jy�j .`:. �Y 4:•:• Y. 44':•: 1.).::::::.}•.:: v::•'•:•::::{•::.::•::•:•:•:. Y: ::':.;.;.::•::•:.;:N::::•:• }i V:.:•:'..y'::':• �/� :;�'l:•:: VNL W':• i:)::•: f::;.; J.:• :.:..::.::....::? 4.,+:' fY;f::)::;::,':•:.l l::::} ?.:•:.:::!:'•':::}: ti; f':•:::•!:!\ �fiJ if'::: fi:{: V:•: :::J(I }:y:!�:.i:.:::'f:::: {::i' R 200. CO' 66. S9, A 13' 411344 L 0.15' T 24.19' TOTAL AREA: 2%1 M FT TO GITY OF SAN LUIS 00ISpD EI9T ddh� ,ETWK LINE WIPENINlr - - - -- - - -- - . _ RENT -A -CAR That portion of Lot 1 of Block 149 of the J. Harford Addition, in the City of San Luis Obispo, County of San Luis Obispo, according to the map thereof recorded in Book A. Page 123 of Maps, in the office of the County Recorder of said County, which is described as follows: Beginning at a point on the westerly line of Higuera Street that bears South 30 15' 00"-West, 216.46 feet from the intersection of the westerly line of Higuera Street with the southerly line of South Street, as said points are shown on Record of Survey recorded in Book 13 page 23; thence South 30 15' 00" West along the westerly line of Higuera Street, a distance of 66.59 feet to a point; thence on a curve to the right, tangent to the last described line, with a radius of 200.00 feet, through an angle of 130 47' 34 ", for a length of 48.15 feet to a point; thence North 810 11' 30" West, a distance of 25.54 feet to a point; thence northerly on a curve having a tangent that bears North 160 01' 53" East, with a radius of 250.00 feet through an angle of 120 46' 53 ", for a length of 55.17 feet to a point; thence North 30 15' 00" East, a distance of 56.46 feet to a point; thence South 860 48' 00" East, a distance of 25.00 feet to the Point of Beginning. Containing .0657 acres, more or less. TPG /desc by M