2013-16 �l RESOLUTION NO. 2013 - 16
A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR
AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF GRAND TERRACE TRANSFERRING HOUSING ASSETS TO
THE GRAND TERRACE HOUSING AUTHORITY
WHEREAS, on May 24, 2011, the former Community Redevelopment Agency
adopted Resolution No. CRA 2011-07 approving a Purchase and Sale Agreement and
Grant Deed and Affordability Covenant approving the sale of a vacant 0.50-acre lot,
more particularly described as 12569 Michigan Street, Grand Terrace, California
Assessor's Parcel Number 1167-271-11 to Habitat for Humanity San Bernardino Area,
Inc.;
WHEREAS, the Purchase and Sale Agreement was fully executed on June 21,
2011 and the Grant Deed and Affordability Covenant transferring the property to Habitat
for Humanity San Bernardino Area, Inc. was recorded (Recordation #2011-0271505) on
July 5, 2011;
WHEREAS, the Purchase and Sale Agreement and Grant Deed and Affordability
Covenant state that Habitat for Humanity San Bernardino Area, Inc. shall construct two
(2) residences and sell one (1) residence to a qualified very low income buyer and one
(1) residence to a qualified low or very low income buyer;
WHEREAS, the Purchase and Sale Agreement and Grant Deed and Grant Deed
and Affordability Covenant covenants the ownership of the two residences to qualified
very low and low income buyers for a period of forty-five (45) years from the date of the
initial conveyance of the residence(s), pursuant to the requirements of the California
Health and Safety Code Section 33413 (b) (2) (c);
WHEREAS, the Purchase and Sale Agreement and Grant Deed and Affordability
Covenant states that Habitat for Humanity San Bernardino Area, Inc. must construct the
two residences by June 30, 2014;
WHEREAS, the Purchase and Sale Agreement and Grant Deed and Grant Deed
and Affordability Covenant include an automatic reversion of the property to the Grantor
should Habitat fail to construct the two residences by June 30, 2014;
WHEREAS, the State Legislature dissolved redevelopment agencies by enacting
Assembly Bill Nos. 1 x 26 and 1484, relating to redevelopment dissolution, ("Dissolution
Statutes") which became effective on June 28, 2011, and June 27, 2012, respectively;
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WHEREAS, the City of -Grand Terrace created the Grand Terrace Housing
Authority ("Housing Authority") on January 30, 2012, to assume all rights, powers,
.assets, liabilities, duties, obligations and functions associated with the housing activities
of the former Community Redevelopment Agency of the City of Grand Terrace;
WHEREAS, on November 12, 2013, the Successor Agency adopted a
Resolution to transfer the housing assets to the Grand Terrace Housing Authority; and
WHEREAS, on December 4, 2013, the Oversight Board to the City of Grand
Terrace Redevelopment Agency conducted a public hearing on this matter.
NOW, THEREFORE, BE IT RESOLVED that the Oversight Board to the City of
Grand Terrace Community Redevelopment Agency does hereby resolve, determine and
find as follows:
Section 1. That the foregoing recitals are true and correct.
Section 2. The Oversight Board finds and determines . that the housing
interests .in the Purchase and Sale Agreement, the Grant Deed, and the Affordability
Covenants, attached hereto as Exhibit 1," and recorded upon the vacant property more
particularly described as 12569 Michigan Street, Grand Terrace California with
Assessor's Parcel No. 1167-271-11, are housing assets as defined by Health & Safety
Code section 34176(e)(1) ("Housing Assets").
Section 3. The -Oversight therefore approves the transfer of the -Housing
Assets, as defined by Health & Safety Code section 34176(e) to the Grand Terrace
Housing Authority.
Section 4. The Successor Agency authorizes the Executive Director to
execute all documents and to take all actions necessary and required to carry out this
Resolution.
Section 5. This Resolution shall be effective five business days after its
passage or in accordance with applicable law.
Section 6. The Oversight Board Secretary shall certify to the adoption of this
Resolution.
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PASSED, APPROVED AND ADOPTED by the Oversight Board for the Successor
Agency for the Grand Terrace Redevelopment Agency at a regular meeting held on the
4t day of December, 2013.
NA 11.E
Walt Stand iewitz
Chair of the Oversight Board for the
Community Redevelopment Agency of
the City of Grand Terrace
ATTEST:
%JJ� 12 WL�J-",-
Secretary
I, TRACEY R. MARTINEZ, CITY CLERK of the City of Grand Terrace, acting as the
- Secretary -to the Oversight Board for the Successor Agency to the Grand Terrace
Redevelopment Agency do hereby certify that the foregoing Resolution was introduced
.and adopted at a regular meeting of the Oversight Board held on the 4th day of
December, 2013 by the following vote:
AYES: Board Members Morga, Ferracone and Shields; Chairman
Stanckiewitz
NOES: None
ABSENT: Board Member Miranda and Vice-Chairman Saks
ABSTAIN: Board Member Forbes
Tracey R. M City Clerk
3
Recorded In Official Records,County of San Bernardino 7105/2011
10:
• EXHIBIT 1 ="=��:
DENNIS DRAEGER DPSo Am
ASSESSOR - RECORDER - CLERK
R Regular Mail _
WHEN RECORDED MAIL TO:
Doc#: 2011 —0271505 Titles: 1 Pages: 3
City Clerk Fees 0.00
City of Grand Terrace Taxes 0.00
22795 Barton Road other 0.00
Grand
p Nd Terrace,CA 92313 spnCl 1-11 (No Recording fee per Sec.6103) $0.00
I
GRANT DEED AND AFFORDABILITY COVENANT
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, the
Community Redevelopment Agency of the City of Grand Terrace, a California Community
Redevelopment Agency("Grantor").
does hereby GRANT to Habitat for Humanity San Bernardino Area, Inc., a California
corporation("Grantee")the real property in the City of Grand_Terrace, County of San
Bernardino, State of California, described as:
See Exhibit"A"attached
Grantee shall construct two(2)residences on the Property on or before June 30,2014. Failure to
do so shall result in an automatic reversion of the Property to Grantor.
This conveyance and all subsequent conveyances shall be subject to the a Covenant running with
the land requiring that one(1)'residence constructed on the Property shall be owned and
occupied by persons or families of very low income for a period of forty-five(45)years and one
(1)residence constructed on the Property shall be owned and occupied by persons or families of
low or very low income for a period of forty-five(45).years from the date of the initial .
conveyance of the residence(s), pursuant to the requirements of the California Health and Safety
Code Section 33413 (b)(2) (c). Breach of this Covenant shall result in an automatic reversion of
the Property to the Grantor.
DATED: Lo -Zl-/l GRAND TERRACE COMMUNITY
REDEVELOPMENT AGENCY
*ATTEST:
Brenda.Mesa, City Clerk Its: Chairman '
Walt Stauckiewitz
State of California )
County Bernardino )ss.
City of Grand Ten
On ,before me, a Mesa,a Notary Public in and for said State,
personally appeared , ally known to me to be the person
whose name is subscribed to the within instrument and acknow to me that he executed the
same in his authorized capacity, and that by his signature on the instrument erson, or the
entity upon behalf of which the person acted, executed the instrument.
i
Exhibit"A"
(Legal Description)
COMMENCING AT THE NORTHWEST CORNER OF LOT 36, SECTION 5, TOWNSHIP 2
SOUTH, RANGE 4 WEST, SAN BERNARDINO BASE AND MERIDIAN, ACCORDING TO
THE MAP OF LANDS OF EAST RIVERSIDE LAND COMPANY, IN THE COUNTY OF
SAN BERNARDINO, STATE OF CALIFORNIA, AS PER PLAT RECORDED IN BOOK 6
OF MAPS, PAGE 44, RECORDS OF SAID COUNTY; THENCE SOUTH ALONG THE
WEST LINE OF SAID LOT, 387.5 FEET TO THE TRUE POINT OF BEGINNING; THENCE
CONTINUING SOUTH 77.5 FEET; THENCE AT RIGHT ANGLES EAST AND PARALLEL
TO THE NORTH LINE OF SAID LOT 36, 280 FEET; THENCE AT A RIGHT ANGLE
NORTH AND PARALLEL WITH THE WEST LINE OF SAID LOT 36, 77.5 FEET; THENCE_
AT RIGHT ANGLE WEST AND PARALLEL TO THE NORTH LINE OF SAID.LOT 36, 280
FEET TO THE POINT OF BEGINNING.
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CML CODE§1189
State of California
County of �a 5--rneLif- t,n o
On before me, r e-rtda_,i1'1 in-6tr i Prx.bl i e ,
Date - Here Insert Name and Title of the dfricer
personally appeared
Names)of Signer(s)
,
who proved to me on the basis of satisfactory
evidence to be the person(a)-whose name*is/afe-
subscribed to the within instrument and acknowledged
to me that he/sbeJt ay executed the same in
his/hoWt4eir authorized capacity(ies), and that by
his/heMkeir signature(* on the instrument the
BRENDA INESA personal, or the entity upon behalf of which the
Commission s 1933126 person(4 acted, executed the instrument.
WHY Public-.Caittornia
San Bernardino County
My Comm.Ealms Apr 28.2015� 1 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:
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: Al -1711 Number of Pag:
Signer(s)Other Than Named Above:
Capacity(ies)Claimed by Signer(s)
Signer's Name:, {�3 A=(�—�SPc nr°�lC , Signer's Name: t
,Corporate Officer— Title(s): N-`Zn-y— ❑Corporate Officer—Title(s):
❑ Individual • -M NOW ❑Individual -1 �IRI
❑ Partner—❑Limited ❑General Top of thumb here ❑Partner—❑Limited ❑General Top of thumb here
❑ Attorney in Fact ❑Attorney in Fact
❑ Trustee ❑Trustee
❑ Guardian or Conservator ❑Guardian or Conservator
I
❑ Other: ❑Other:
Signer Is Representing: Signer Is Representing:
\ 0 2010 National Notary Association•NationalNotary.org•1-800-US NOTARY(1.800-876-6627) Item#5907
PURCHASE AND SALE AGREEMENT
This Purchase and Sale Agreement ("Agreement'), dated this day of May, 2011, is
entered into by and between the Community Redevelopment Agency of the City. of Grand.
Terrace, on one"hand ("Seller"); and Habitat for Humanity,San Bernardino Area, Inc., on the,
other hand("Buyer").
RECITALS
A. Seller is the owner of that certain real Property("Seller's,Pronerty") consisting of
a single lot of vacant land, commonly known as 12569 Michigan .Street, Grand Terrace;
California,San Bernardino County Assessor's Parcel No. 1167-271-11.
B. Subject to the terms and conditions set forth in this Agreement, Seller desires to
sell-and Buyer desires to purchase of Seder's Property as described on Exhibit*A attached hereto
(the"Property")and made a part hereof.
C. The Property is subject to a deed restriction and covenant running with the land,
which limits the use.and sale of the two residences to be constructed on tine-Property,one(1)to a
low or very low income qualified buyer and one (1) to a very low income buyer; said covenant
for a period of forty-five(45)years from the date of the initial sale of the residence(s).
AGREEMENT
ARTICLE I
I.1 Sale and Purchase. Subject to the terms and conditions set forth-in this
Agreement, Seller agrees to.sell the Property to Buyer and.Buyer agrees to purchase the Property
from Seller.
1.2 Purchase Price. In consideration of the construction of two(2)low and very low
income residences on the Property by Buyer,the total purchase price for the Property shall be
one dollar($1.00), (the"Purchase Price"),receipt of which is hereby acknowledged by the
Seller.
I.3 Condition of Title. At Closing,Seller shall convey to Buyer good and?marketable
title in fee simple to the Property subject only to all easements,restrictions,or covenants of
record which do not interfere,with the use of the Property for the purposes, including,without
limitation,current,non-delinquent real property taxes(the"Permitted Exceptions').
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ARTICLE II
REPRESENTATINDNS AND WARRANTIES
I1.1 Revresentations and Warranties of Seller True and Correct. Seller hereby
represents and warrants to Buyer that the following facts are true and correct as of the date
hereof.
(a) Power and Authority,. Seller has the legal power,right and authority to
enter into this Agreement and the instruments,referenced herein,and to consummate the
transactions contemplated hereby. The individuals executing,this Agreement and the instruments
referenced herein on behalf of the Seller have the legal power,right and actual authority to bind
Seller to the terms and conditions hereof and thereof. Furthermore, Seller warrants that it.has
good and marketable title to the Property.
(b) Reuisite Action, All requisite action has been taken by Seller in
connection with the entering into of this Agreement,the instruments referenced herein,and the
consummation of the transactions contemplated hereby.
(c) 'Validity. This Agreement and all documents required hereby to be
executed.by Seller are and shall be valid,legally binding obligations of and enforceable against
Seller in accordance with their terms subject only to applicable bankruptcy, insolvency,
reorganization,.moratorium or similar laws or equitable principles affecting or limiting the rights
of contracting parties generally. Neither the execution and delivery of this Agreement and
documents referenced herein,nor the consummation of the transactions contemplated herein,
conflict with or result in the material breach of any terms or provisions of any contrast,loan,or
other agreement or instrument to which Seller is a party or affecting the Property. All.consents,
approvals and authorizations necessary for the execution of this Agreement and the.
consummation of the transactions contemplated herein by Seller have been or will be obtained.
Seller has not sold,conveyed or entered into any contract for the sale of all or any portion of the
Property or any rights incident thereto,nor do there exist any rights of first refusal or options to
purchase the Property or any rights incident thereto.
(d) Recitals. The information contained in the Recitals is true and correct.
(e) Lawsuits and Claims. To Seller's actual knowledge,without any duty of
inquiry or investigation,there are no pending actions,lawsuits,claims or judicial,municipal or
administrative proceedings affecting all or any portion of the;Property or in which Seller is a
party by reason of Seller's ownership of the Property. To Seller's knowledge,there are no
threatened or contemplated actions, lawsuits,claims or proceedings nor the existence of any facts
which might give rise to such actions,lawsuits,claims or proceedings. During the Escrow
period,Seller will not commence or defend any action with respect to"the Property except upon
such terms as are mutually acceptable to Seller and Buyer.
(f) Condition of Proverty. Seller has not received notice of any violation of
applicable governmental regulations relating to the Property,any existing or contemplated plan
to widen or modify any street or highway contiguous to the Property (other than the Grading and
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Improvements contemplated by this Agreement)or any other plan,study or effort of any
applicable governmental authorities relating to the Property.
(g) Taxes and Assessments. Seller has provided to Buyer all relevant
information in its possession concerning real property taxes and any special assessments or
bonds which may be levied against the Property as a result of any existing public improvements
or work;activities or improvements done to the Property by Seller.
(h) Hazardous Materials. To Seller's actual knowledge,without any duty of
inquiry or investigation,all operations or activities upon,or use or occupancy of the Property by
Seller or any current occupant or user thereof are in compliance with all state,federal and local
laws and.regulations governing or in any way relating to the generation,handling,
manufacturing,treatment,storage,,use,transportation,spillage, leakage;dumping,discharge,or
disposal(whether accidental or intentional)of any toxic or hazardous substances,materials or
wastes,including,without limitation,any hazardous material(as such terms are commonly
defined or employed in accordance with applicable federal,state or local laws,codes,
ordinances,rules and regulations). To the Seller's actual knowledge,without any duty of inquiry
or investigation,there is not present upon the Property,or on any portion thereof,underground
storage tanks,any hazardous material or any structures,fixtures,equipment or other objects or
materials containing any hazardous material in violation of any applicable environmental law.
(i) Chances. Seller shall promptly notify Buyer of any material,adverse
change in any condition with respect to the Property or of any event or circumstance which
makes any representation of warranty of Seller under this Agreement untrue or any covenant of
Buyer under this Agreement incapable or less likely of being..performed,it being understood that
Seller's obligation to provide notice to Buyer shall in no way relieve Seller of any liability for a
breach by Seller of any of its representations,warranties or covenants under this Agreement.
0) General Reeesentation. No representation,warranty or statement of
Seller in this Agreement or in any document,certificate of schedule prepared by Seller and to be
furnished to Buyer pursuant to the terms of this Agreement contains any untrue statements of
material fact.
Except for the representations and warrantees explicitly set forth above,Buyer hereby
releases Seller,Seller's affiliates,officers,directors,partners,employees,and agents,and their
respective heirs,successors,personal representatives and assigns,from and against any and all
claims which Buyer may have and which arise out of or are in any way connected with this
Agreement and the Property, including,without limitation,every physical and environmental
condition,of the Property. BUYER EXPRESSLY WAIVES ITS RIGHTS GRANTED UNDER
CALIFORNIA CIVIL CODE SECTION 1542 AND UNDER ANY PROVISION OF LAW
THAT PROVIDES A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT
BUYER DOES NOT KNOW OR SUSPECT TO EXIST IN ITS FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY IT MUST HAVE MATERIALLY
AFFECTED ITS AGREEMENT TO RELEASE SELLER BUYER HEREBY AGREES,
REPRESENTS AND WARRANTS THAT BUYER REALIZES AND ACKNOWLEDGES
THAT FACTUAL MATTERS NOW UNKNOWN TO BUYER MAY HAVE GIVEN OR
MAY HEREAFTER GIVE RISE TO CLAIMS WHICH ARE PRESENTLY UNKNOWN,
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UNANTICIPATED AND UNSUSPECTED,AND BUYER FURTHER AGREES,
REPRESENTS AND WARRANTS THAT THE WAIVERS AND RELEASES HEREIN HAVE
BEEN NEGOTIATED AND AGREED UPON IN LIGHT OF THAT REALIZATION,AND
THAT BUYER NEVERTHELESS HEREBY INTENDS TO RELEASE, DISCHARGE AND
ACQUIT SELLER FROM ANY SUCH UNKNOWN CLAIMS,AND THAT SUCH WAIVERS
AND RELEASES FORM A MATERIAL PORTION OF THE CONSIDERATION GIVEN TO
SELLER BY BUYER IN EXCHANGE FOR SELLER'S PERFORMANCE UNDER THIS
AGREEMENT. BUYER HAS CONSULTED WITH LEGAL COUNSEL CONCERNING THE
EFFECTS OF THIS WAIVER AND RELEASE ON BUYER'S RIGHTS AND REMEDIES.
RELATED TO THE PROPERTY.
Initials: Buye , Seller:
2.2 Reoresentations of Buver. Buyer is validly existing as a California Corporation
and has performed all acts and obtained all approvals and consents,in each case as
necessary to offer to purchase and to,purchase the Property. Buyer has the.full authority
and power to comply with all of its obligations set forth in this Agreement.
2.3 Aareement to Construct and Sell Residences.Buyer agrees to construct two(2)
residences on the Property on or before June 30,2014 and sell one(1)to a qualified very low
_ income buyer and one(1)to a qualified low or very low income buyer,subject to the a forty-five
(45)year affordability covenant.Failure to construct the residences on or before June 3.0,2014 is
a material breach of this Agreement.and shall result in a reversion ofthe Property to the;Seller.
2.4 Preference to Grand Terrace Residents.. In selecting the buyers of the two(2)
residences following completion of construction,Buyer shall give preference to qualified buyers
who are residents of the City of Grand Terrace.
ARTICLE III
COVENANTS OF SELLER AND BUYER
II1.1 License to Enter. Seller hereby agrees that Buyer and/or its agents,
representatives,contractors and subcontractors may,conduct its own reasonable engineering
studies,environmental assessment,soil and compaction tests.and other.tests and studies on the
Property provided that(i)such activities do not impair the drainage of-the Property; and
(ii)Buyer shall be responsible for any damage caused thereby to the Property. Buyer shall be
responsible for any liability,cost,claim,damage or injury caused by such entry and shall keep
the Property free of any and all liens arising therefrom. Buyer shall indemnify and hold Seller
harmless and defend Seller from and against such liability,loss,judgwent,.cost,claim,.damage
or injury,including but not limited to attorneys' fees and costs, arising out of or in connection
with entry or testing on the Property by Buyer or its agents,representatives,contractors or
subcontractors.
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ARTICLE IV
MISCELLANEOUS PROVISIONS
IV.1 Incorvoration of Exhibits. All exhibits attached hereto and referred to herein are
incorporated in this Agreement as though fully set forth.herein.
IV.2 Attomevs' Fees. In any legal proceeding between Buyer and Seller seeking
enforcement of or attempting to construe any of the terms and provisions of this Agreement,or
in connection with any of the property described herein,including,without limitation,
insolvency,bankruptcy,arbitration,declaratory relief or other litigation,the prevailing party in
such action shall be awarded,in addition to damages, injunctive or other relief,its reasonable
costs and expenses,including,without limitation, service of process,filing fees,court and court
reporter costs, investigation costs,expert witness fees and the cost of any bonds, and reasonable
attorneys' fee.
IV.3 Notices. All notices required or permitted by this Agreement shall be in.writing
and may be delivered in person(by hand delivery or professional messenger service)to either
party or may be sent by registered or certified mail,with postage prepaid,return receipt
requested or delivered by Express Mail of the U.S.Postal Service or Federal Express or any
other courier service guaranteeing overnight delivery,charges prepaid, addressed as follows:
If to Buyer at:
Habitat for Humanity San Bernardino Area, Inc.
Post Office Box 1550
Redlands, California 92373
If to Seiler at:
Grand Terrace Community Redevelopment Agency
22795 Barton Road
Grand Terrace,CA 92324
With a Copy To:
John R. Harper
Harper& Burns LLP
453 S. Glassell Street
Orange,California 92866
Any such notice sent by registered or certified mail,return receipt requested, shall be
deemed to have been duly given and received seventy-two(72)hours after the same is so
addressed and mailed in Los Angeles,Orange, San Bernardino or Riverside Counties with
postage prepaid. Notices delivered by overnight service shall be deemed to have been given
twenty-four(24)hours after delivery of the same,charges prepaid,to the U.S.Postal Service or
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private courier. Any notice or other document sent by any other manner shall be effective only
upon actual receipt thereof. Any party may change its address for purposes of this Section by
giving notice to the other party and to Escrow Holder as herein provided.
IV A Successors and Assigns. This Agreement shall be binding upon,and shall inure to
the benefit of each of the parties hereto and their respective successors and permitted assigns.
IV.5 Relationship of Parties. The relationship of the parties to this.Agreement shall be
solely that of Buyer and Seller,and nothing herein contained.shall be construed otherwise.
IV.6 Governine Law. This Agreement shall be governed by,interpreted under,and
construed and enforced in accordance with the internal laws of the State of California.
IV.7 Entire Agreement: Amendment. This Agreement contains all of the agreements
of the parties hereto with respect to the matters contained herein and no prior or
contemporaneous agreement or understanding,oral or written,pertaining to any such matters
shall be effective for any purpose. No provision of this Agreement may be modified,waived,
amended or added to except if in writing and signed by the party against which the enforcement.
of such modification,waiver,amendment or addition is or may be sought.
IV.8 Pronouns. All pronouns and any variations thereof shall be deemed to refer to the
masculine, feminine or neuter,singular or plural,as the identity of the,parties may require.
IV-9 Headings. The headings of this Agreement are for purposes of reference only and
shall not limit or define the meaning of the provisions of this Agreement.
IV.10 Severabilitv. If any paragraph,section,sentence,clause or phrase contained in
this Agreement shall become illegal,null or void,against public policy, or otherwise
unenforceable, for any reason,or shall be held by any court of competent jurisdictionto be
illegal,null or void,against public policy,or otherwise unenforceable,the remaining paragraphs,
sections,sentences,clauses or phrases contained in this Agreement shall not.be affected thereby.
IV.I I Waiver. The waiver of any breach of any provision hereunder by Buyer,or Seller
shall not be deemed to be a waiver of any preceding or subsequent breach hereunder. No failure
or delay of any party in the exercise of any right given hereunder shall constitute a waiver
thereof nor shall any partial exercise of any right preclude further exercise thereof.
IV.12 Further Assurances. Seller and Buyer each agree to do such further acts and
things and to execute and deliver such additional agreements and instruments as the other may
reasonably require to consummate,evidence or confirm the sale or any other agreement
contained herein in the manner contemplated hereby.
IV.13 Counteroarts. This Agreement may be executed in any number of counterparts,
each of which shall be an original but all of which shall constitute one and the same instrument.
IV.14 Time of Essence. Time is of the essence in this Agreement as to all dates and
time periods set forth herein.
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IV.15 Recitals. The provisions of the recitals of this Agreement shall,constitute
operative and enforceable provisions of this Agreement.
[Remainder of page intentionally left blank—signature page follows]
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IN WITNESS WHEREOF,this Agreement has been,executed by the parties on the dates
set forth under their respective signatures below,notwithstanding that this Agreement is dated
for convenience and reference as of the date and year first written above.
BAR; SELLER:
HABITA`f'FOR HUMANITY SAN GRAND TERRACE COMMUNITY
BERNAR.DINO AREA,INC. REDEVELOPMENT AGENCY
y,
4haan
E ecutive Director Dated: , 2011
Dated�� ,2011
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Exhibit"A"
(Legal Description)
COMMENCING AT THE NORTHWEST CORNER OF LOT 36, SECTION 5, TOWNSHIP 2
SOUTH,RANGE 4 WEST, SAN BERNARDINO BASE AND MERIDIAN,ACCORDING TO
THE MAP OF LANDS OF EAST RIVERSIDE LAND COMPANY, IN THE COUNTY :OF
SAN BERNARDINO, STATE OF CALIFORNIA, AS PER PLAT RECORDED IN BOOK 6
OF MAPS, PAGE 44, RECORDS OF SAID COUNTY; 'THENCE SOUTH ALONG THE
`'WEST LINE OF SAID LOT, 387.5 FEET TO THE TRUE POINT OF BEGINNING.; THENCE
CONTINUING SOUTH 77.5 FEET; THENCE AT RIGHT ANGLES .EAST AND PARALLEL
TO THE NORTH LINE OF SAID LOT 36, 280 FEET; THENCE AT A RIGHT ANGLE
NORTH AND.PARALLEL WITH THE WEST LINE OF SAID LOT 36, 77.5 FEET; THENCE
AT RIGHT ANGLE WEST AND PARALLEL TO THE NORTH LINE OF SAID LOT 36, 280
FEET TO THE POINT OF BEGINNING.
y,-