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Home My WebLink AboutD-2047 Memorandum of Ground Lease; Housing Authority of SLO and and the City of SLORECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: FRECV�f�City of San Luis Obispo990 Palm Street 2017San Luis Obispo, Ca. 93401Attn: City Clerk CLERK 2017015715 Tommy Gong San Luis Obispo - Caunty Clerk -Recorder 04/10/2017 04:28 PM Recorded at the request of; PUBLIC Titles: 1 Pages: 8 Fees: $0.00 Taxes: $0.00 Total: $0.00 MEMORANDUM OF GROUND LEASE [For review by title.]The Undersigned Grantor(s) Declare(s): DOCUMENTARY TRANSFER TAX $ ; CITY TRANSFER TAX $; SURVEY MONUMENT FEE $ [ w ] computed on the consideration or full value of property conveyed, OR [ ] computed on the consideration or full value less value of liens and/or encumbrances remaining at time of sale, [ ] unincorporated area; [ ] City of San Luis Obispo, and [ ] '< -_-, - C, re o Signa f Declarant THIS MEMORANDUM OF GROUND LEASE is made and entered into as of 1: •1'-{ . ��.�, 20-1-6, by and between Housing Authority of San Luis Obispo, a public body, corporate and politic (the "Lessee") and the City of San Luis Obispo (the "Lessor"). The Lessor has leased that certain real property described as 1090 Orcutt, 1092 Orcutt, and 1105 Laurel in the City of San Luis Obispo, County of San Luis Obispo, California, as more particularly described in Exhibit A attached hereto, to the Lessee upon the terms and conditions set forth in that certain written Amended and Restate Ground Lease (the "Lease") of even date herewith. The term of the Lease terminates on A,4•�J, 20� The purpose of this Memorandum of Ground Lease is to give notice of the Lease and of the rights created thereby, all of which are hereby confirmed. [SIGNATURES ON FOLLOWING PAGE] 0 -)6.1 - Exhibit A Ground Lease Laurel Creek Apartments IN WITNESS WHEREOF, the parties have executed this Memorandum of Ground Lease as of the day and year first above written. LESSEE Housing Authority of the City of San Luis Obispo Scl LESSOR City of San Luis Obispo By: Katie Lichtig, City Manager s d! I,de Price ]ntcrim City Clerk 0-/- q -, ('� Date 3--so—IL, Date [ALL SIGNATURES MUST BE NOTARIZED] Exhibit A Ground Lease Laurel Creek Apartments A Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached and not the truthfulness, accuracy, or validity of that document. State of California County of San Luis Obispo OnAenl Y, X01 % , before me, S s �.r-ic� L, Cur%n,erlf�( _ Alrz4o-r�j Pu bU C_ ,. Date Name sial Title of the OMcer personally appeared, 5 C.cSf-�' S M M1, Name of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. 111C7dRlA L. C0 R'Y co�r�. s20719A WITNESS my hand and official seal. 10T1�'"*� •� SAN.LUIS OBISPO COUIrTY Coram. �q►. ,141HE �7 X01 Signature SignatureVlotary Public Place Notary Seal Above Exhibit A Ground Lease Laurel Creek Apartments Exhibit A Legal Description Real property in the City of San Luis Obispo, County of San Luis Obispo, State of California, described as follows: LEASEHOLD IN AND TO THAT PORTION OF LOT 3 IN SECTION 1 IN TOWNSHIP 31 SOUTH, RANGE 12 EAST, MOUNT DIABLO BASE AND MERIDIAN, IN THE CITY OF SAN LUIS OBISPO, IN THE COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO THE OFFICIAL PLAT OF SAID LAND FILED IN THE DISTRICT LAND OFFICE DECEMBER 3, 1875, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE CENTERLINE OF ORCUTT ROAD, 40 FEET WIDE, WITH THE CENTERLINE OR LAUREL LANE, 40 FEET WISE; THENCE ALONG THE CENTERLINE OF SAID LAUREL LANE NORTH 30040' EAST, 303.74 FEET; THENCE SOUTH 59020' EAST, 38.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING SOUTH 59020' EAST, 100.00 FEET; THENCE SOUTH 30°40' WEST, 39.89 FEET TO THE NORTHERLY LINE OF THE LAND DESCRIBED IN THE DEED TO HENRY A. BERNARD, ET UX. RECORDED MAY 22, 1953 IN BOOK 711 PAGE 62 OF OFFICIAL RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG SAID NORTHERLY LINE SOUTH 82017' EAST, 182.52 FEET TO THE NORTHEASTERLY CORNER OF SAID LAND OF BERNARD AS FOLLOWS: FROM A TANGENT LINE BEARING SOUTH 1956' WEST, SOUTHERLY ALONG A CURVE CONCAVE EASTERLY HAVING A RADIUS OF 175 FEET, THROUGH A CENTRAL ANGLE OF 20018' AN ARC DISTANCE OF 62 FEET; TANGENT TO SAID CONCAVE NORTHWESTERLY HAVING A RADIUS OF 20 FEET, THROUGH A CENTRAL ANGLE OF 900, AND ARC DISTANCE OF 31.42 FEET TO THE NORTHERLY LINE OF ORCUTT ROAD 40 FEET WIDE; THENCE ALONG SAID ORCUTT ROAD NORTH 89°38' EAST, 90 FEET TO THE WESTERLY TERMINUS OF THE COURSE RECITED AS HAVING A BEARING AND LENGTH OF SOUTH 89°38' WEST, 197.00 FEET IN THE DEED TO CHARLES E. FREEMAN AND WIFE RECORDED MAY 1,1957 IN BOOK 890, RECORDER; THENCE ALONG THE WESTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO FREEMAN AS FOLLOWS: NORTHWESTERLY ALONG A CURVE CONCAVE 90°, AN ARC DISTANCE OF 31.42 FEET THROUGH A CENTRAL ANGLE OF 310, AN ARC DISTANCE OF 67.63 FEET; THENCE NORTHEASTERLY ALONG A TANGENT CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 175 FEET THROUGH A CENTRAL ANGLE OF 31 °, AN ARC DISTANCE OF 67.63 FEET; THENCE NORTHEASTERLY IN A DIRECT LINE TO THE MOST SOUTHERLY CORNER OF LOT 7 IN BLOCK A OF TRACT NO. 208, AS SHOWN ON MAP RECORDED IN BOOK 6, PAGE 49 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG THE SOUTHWESTERLY LINE OF SAID BLOCK A NORTH 59020' WEST, 312.70 FEET TO THE MOST WESTERLY CORNER OF LOT 43 IN SAID BLOCK A; THENCE SOUTH 30°40' WEST, 90.69 FEET TO THE TRUE POINT OF BEGINNING. APN: 004-961-047 Exhibit A Ground Lease Laurel Creek Apartments Memorandum of Ground Lease Laurel Creek Apartments Exhibit C Grant Deed [attached] Exhibit C Ground Lease Laurel Creek Apartments RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: City of San Luis Obispo 990 Palm Street San Luis Obispo, Ca. 93401 Attn: City Clerk GRANT DEED (Space Above For Recorder's Use Only) [For review by title.]The Undersigned Grantor(s) Declare(s): DOCUMENTARY TRANSFER TAX $ ; CITY TRANSFER TAX $; SURVEY MONUMENT FEE $ [ ] computed on the consideration or full value of property conveyed, OR [ ] computed on the consideration or full value less value of liens and/or encumbrances remaining at time of sale, [ ] unincorporated area; [ ] City of San Luis Obispo, and [ ] Signature of Declarant FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, the City of San Luis Obispo, a public body, corporate and politic hereby GRANT(S) to the Housing Authority of San Luis Obispo the real property described as 1090 Orcutt, 1092 Orcutt, and 1105 Laurel, located in the City of San Luis Obispo, County of San Luis Obispo, State of California, described on Exhibit A attached hereto and incorporated herein. GRANTOR: City of San Luis Obispo By: .� Katie Lichtig, ATTEST: By: Lee Price, Interim'City Clerk Grant Deed Laurel Creek Apartments EXHIBIT A All buildings, structures and improvements now or at any time hereafter erected, constructed or situated on the property, which are and shall remain real property, in the City of San Luis Obispo, County of San Luis Obispo, State of California, described as follows: LEASEHOLD IN AND TO THAT PORTION OF LOT 3 IN SECTION 1 IN TOWNSHIP 31 SOUTH, RANGE 12 EAST, MOUNT DIABLO BASE AND MERIDIAN, IN THE CITY OF SAN LUIS OBISPO, IN THE COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO THE OFFICIAL PLAT OF SAID LAND FILED IN THE DISTRICT LAND OFFICE DECEMBER 3, 1875, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE CENTERLINE OF ORCUTT ROAD, 40 FEET WIDE, WITH THE CENTERLINE OR LAUREL LANE, 40 FEET WISE; THENCE ALONG THE CENTERLINE OF SAID LAUREL LANE NORTH 30040' EAST, 303.74 FEET; THENCE SOUTH 59020' EAST, 38.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING SOUTH 59020' EAST, 100.00 FEET; THENCE SOUTH 30040' WEST, 39.89 FEET TO THE NORTHERLY LINE OF THE LAND DESCRIBED IN THE DEED TO HENRY A. BERNARD, ET UX. RECORDED MAY 22, 1953 IN BOOK 711 PAGE 62 OF OFFICIAL RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG SAID NORTHERLY LINE SOUTH 82017' EAST, 182.52 FEET TO THE NORTHEASTERLY CORNER OF SAID LAND OF BERNARD AS FOLLOWS: FROM A TANGENT LINE BEARING SOUTH 19°56 WEST, SOUTHERLY ALONG A CURVE CONCAVE EASTERLY HAVING A RADIUS OF 175 FEET, THROUGH A CENTRAL ANGLE OF 20018' AN ARC DISTANCE OF 62 FEET; TANGENT TO SAID CONCAVE NORTHWESTERLY HAVING A RADIUS OF 20 FEET, THROUGH A CENTRAL ANGLE OF 900, AND ARC DISTANCE OF 31.42 FEET TO THE NORTHERLY LINE OF ORCUTT ROAD 40 FEET WIDE; THENCE ALONG SAID ORCUTT ROAD NORTH 89°38' EAST, 90 FEET TO THE WESTERLY TERMINUS OF THE COURSE RECITED AS HAVING A BEARING AND LENGTH OF SOUTH 89°38' WEST, 197.00 FEET IN THE DEED TO CHARLES E. FREEMAN AND WIFE RECORDED MAY 1,1957 IN BOOK 890, RECORDER; THENCE ALONG THE WESTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO FREEMAN AS FOLLOWS: NORTHWESTERLY ALONG A CURVE CONCAVE 90°, AN ARC DISTANCE OF 31.42 FEET THROUGH A CENTRAL ANGLE OF 31', AN ARC DISTANCE OF 67.63 FEET; THENCE NORTHEASTERLY ALONG A TANGENT CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 175 FEET THROUGH A CENTRAL ANGLE OF 31-, AN ARC DISTANCE OF 67.63 FEET; THENCE NORTHEASTERLY IN A DIRECT LINE TO THE MOST SOUTHERLY CORNER OF LOT 7 IN BLOCK A OF TRACT NO. 208, AS SHOWN ON MAP RECORDED IN BOOK 6, PAGE 49 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG THE SOUTHWESTERLY LINE OF SAID BLOCK A NORTH 59020' WEST, 312.70 FEET TO THE MOST WESTERLY CORNER OF LOT 43 IN SAID BLOCK A; THENCE SOUTH 30°40' WEST, 90.69 FEET TO THE TRUE POINT OF BEGINNING. APN: 004-961-047 2 Grant Deed Laurel Creek Apartments END OF DOCUMENT