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San Bernardino County Transportation Authority-2022-12 0�()OeQ—l� AGREEMENT FOR PURCHASE AND SALE OF REAL ESTATE AND JOINT ESCROW INSTRUCTIONS Barton Road Excess Land—APN's: 1167-231-10 and 1167-231-22 THIS AGREEMENT FOR PURCHASE AND SALE OF REAL ESTATE AND JOINT ESCROW INSTRUCTIONS (this "Agreement"), is entered into by and between the SAN BERNARDINO COUNTY TRANSPORTATION AUTHORITY, a public agency ("Seller") and the CITY CIF GRAND TERRACE, a general law city("Purchaser"). Fidelity National Title Insurance Company shall serve as Escrow Holder and Title Company under this Agreement. RECITALS: A. Seller owns that certain vacant land commonly known as Assessor Parcel Numbers 1167-231-10 and 1167-231-22 and more particularly described and depicted in Exhibits "A" and "B"attached hereto and made a part hereof together with all existing privileges, rights.(including mineral rights to the extent they are transferable by Seller), easements, hereditaments, and appurtenances thereto belonging; and all right,title and interest of the titleholder thereof in and to any streets, alleys, passages and other rights-of-way included therein or adjacent thereto (before or after the vacation thereof("Property"). B. Purchaser has submitted to Seller and Seller has accepted a written offer to purchase the Property ("Offer"). Purchaser desires to purchase from Seller and Seller desires to sell to Purchaser all of Seller's right, title and interest in and to the Property on the terms and conditions set forth in this Agreement. NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,the parties hereby agree as follows: ARTICLE 1 AGREEMENT TO PURCHASE AND SELL Purchaser agrees to purchase,and Seller agrees to sell,the Property at the Purchase Price and on the terms set forth herein. In furtherance thereof. Seller agrees to convey to Purchaser title to the Property by a recordable Grant Deed substantially in form and content as set forth in Exhibit"C" attached hereto ("Grant Deed"). ARTICLE 2 ESCROW 2.1. Purchase Price: The purchase price to be paid by Purchaser to Seller for the Property shall be ONE HUNDRED FORTY-ONE THOUSAND DOLLARS AND ZERO CENTS 1 1641569 1 ($141,000).("Purchase Price'): 2.2. Open ing.of Escrow;:Earnest Monet/Deposit: 2.2'.1 Opening of Escrow. Upon full execution of the Agreement, Seller .and' Purchaser shall open.an Escrow (as hereinafter defined):by depositing a fully executed copy of this Agreement with MaryLoV Adame at Fidelity, National Title Insurance Company, 3237 E. :Guasti Rd:,'Ste. 105; Ontario, CA 9176.1 (909) 978-3020 MaNlou.Adame@fnf.com ("Escrow Holder"). :Escrow shall be.deemed opened on the date'.when Escrow Holder receives, executes and dates acceptance.of a fully executed copy of this.Agreement 'I"Opening.of Escrow") a copy of which shall be provided to.each party. 2.2.2 Earnest Monet/ Deposit.'Within ten (.10) days of Opening of Escrow, Purchaser shall deposit into Escrow the sum, of Four Thousand' Two Hundred Thirty Dollars($4,230) ("Earnest Money Deposit"). 2.2.3• Good Funds.All funds deposited in Escrow shall be in�'Good Funds"which means_ a wire transfer of funds, cashier's' or certified:check drawn on or -issued by the offices of a financial 'institution located in the 'State -of 'California.'* 2.3 'PURCHASER'S.DEFAULT AND LIQUIDATED DAMAGES: PURCHASER AND SELLER' - AGREE THAT SHOULD PURCHASER DEFAULT IN PURCHASER'S OBLIGATION TO PURCHASE THE -PROPERTY-WITHIN THE.TIME AND IN.THE. MANNER SPECIFIED IN THIS AGREEMENT,'SELLER. SHALL.BE RELEASED'FROM ALL OBLIGATIONS I.N LAW OR EQUITY TO.CONVEY TH.E PROPERTY TO PURCHASER. PURCHASER AND- SELLER AGREE THAT IT' WOULD :BE. IMPRACTICAL OR, EXTREMELY DIFFICULT TO FIX THE ACTUAL-DAMAGES SUFFERED BY SELLER BECAUSE OF SUCH .DEFAULT,THAT THE EARNEST MONEY DEPOSIT CONSTITUTES A.REASONABLE ESTIMATE AND AGREED.STIPULATION OF DAMAGES IN THE EVENT OF*SUCH DEFAULT BY PURCHASER.AND, THAT SELLER SHALL-HAVE NO OTHER RIGHT OR,CAUSE OF ACTION,AGAINST PURCHASER FOR DAMAGES OR OTHERWISE' ARISING FROM .SAID DEFAULT EXCEPT FOR •THE INDEMNITY OBLIGATIONS SET FORTH.IN.SECTION 34.4 WHICH.SHALL REMAIN IN.EF.FECT. Seller's Initials: Purchaser's Initials: .2.4 'Closing Costs: Closing costs shall be paid as follows: 2.4.1 By.Seller.'Seller will.paybrie=half (1/2)of customary escrow fees'.the cost -of' the Title Policy (as defined in. Section 3.2.2) and any document preparation-costs for documents prepared on Seller's behalf.. 2.4.2 By Purchaser. Purchaser will pay one-half(1/.2) of customary escrow:feet, any 'documentary transfer tax, and any .additional title coverage or. 2 1641569 1 endorsements which Purchaser may desire and any document preparation costs for documents prepared on Purchaser's behalf. 2.4.3 Recording Fees. No recording fees will be payable with respect to the recording of the Grant Deed, pursuant to Government Code Section 27383. 2.4.4 Attorney Fees. Each party will be responsible for,payment of its own attorneys' fees with respect to the negotiation and preparation of this Agreement. 2.5 Closing of Escrow. Upon satisfaction of the conditions precedent in Sections 2.12 and 2.13, Escrow shall close with the recordation of the Grant Deed (with the Certificate of Acceptance attached) in the Official Records of San Bernardino County and Title Company's commitment to issue the Title Policy(as defined in ("Closing" or"Close of Escrow"). Escrow shall close on or before thirty (30) days after Opening of Escrow, unless extended in writing executed by the parties. However, the parties may, upon written agreement, close earlier than the specified Closing Date. 2.6 Real Property Taxes; Closing Prorations And Adjustments. The parties acknowledge that because of Seller's status as a public entity,the Property has not been subject to real property taxation during Seller's period of ownership. Purchaser will become liable for real property taxes and assessments with respect to the Property from and after Close of Escrow, to the extent that such taxes and assessments relate to periods following Close of Escrow. 2.7 Payment Of Purchase Price. The Purchase Price, less the Earnest Money Deposit and plus or minus any adjustments, credits or prorations provided for herein,shall be paid at the Closing. 2.8 Possession. Exclusive possession of the Property shall be delivered to Purchaser at the Closing. 2.9 Escrow Provisions. 2.9.1 Escrow Instructions. Sections 1, 2 (but excluding Section 2.3), 3.2 and 6 constitute the escrow instructions to Escrow Holder. If required by Escrow Holder, Purchaser and Seller agree to execute Escrow Holder's standard escrow instructions, provided that the same are consistent with and do not conflict with the provisions of this Agreement. In the event of any such conflict, the provisions of this Agreement shall prevail.The terms and conditions in sections of this Agreement not specifically referenced above are additional matters for information of Escrow Holder, but about which Escrow Holder need not be concerned.To the extent that the general provisions are inconsistent or conflict with this Agreement, the general provisions will control as to the duties and obligations of Escrow Holder only. Purchaser and Seller agree to execute additional 3 16415691 instructions, documents and forms provide by Escrow Holder that are reasonably necessary to close Escrow. 2.9.2 General Escrow Provisions. Escrow Holder shall deliver the Title Policy to the Purchaser and instruct the San Bernardino County Recorder to mail the Grant Deed to Purchaser at the address set forth in Section 6.2 after recordation. All funds received in this Escrow shall be deposited in one or more general escrow accounts of the Escrow Holder with any bank doing business in Southern California, and may be disbursed to any other general escrow account or accounts. All disbursements shall be according to that party's instructions. 2.10 Documents To Be Delivered By Seller. At least two (2) business days prior to the Closing,Seller shall deliver or cause to be delivered to Escrow Holder the following,each of which shall be in form reasonably satisfactory to Purchaser: 2.10.1 Grant Deed. A duly executed and acknowledged Grant Deed. 2.10.2 Miscellaneous. All other documents (if any) required by Title Company or Escrow duly executed and delivered (if applicable). 2.11 Documents To Be Delivered By Purchaser. At least two (2) business days prior to the Closing, Purchaser shall deliver or cause to be delivered to Escrow Holder the following,each of which shall be in form reasonably satisfactory to Seller: 2.11.1 Funds. The balance of the Purchase Price plus or minus adjustments, credits and prorations provided for herein. 2.11.2 Certificate of Acceptance. An executed Certificate of Acceptance (in the form attached to the Grant Deed)which is be attached to the Grant Deed prior to recordation. 2.11.3 Miscellaneous. Such other instruments and documents as may be reasonably required in order to carry out the purpose of this Agreement. 2.12 Conditions To Seller's Obligations. The Closing and Seller's obligations to consummate the transaction contemplated by this Agreement are subject to the satisfaction of the following conditions(or Seller's waiver thereof)which are for Seller's sole benefit, on or prior to the dates designated below for the satisfaction of such conditions, or the Closing in absence of a specified date: 2.12.1 Purchaser's Obligations. As of the Closing, Purchaser shall have timely performed all of the obligations required by the terms of this Agreement to be performed by Purchaser. 4 16415691 2.12.2 Purchaser's Representations. As of the Closing, all representations and warranties made by Purchaser to Seller in this Agreement shall be true and correct as of the Closing. 2.13 Conditions To Purchaser's Obligations. The Closing and Purchaser's obligations to consummate the transaction contemplated by this Agreement are subject to the satisfaction of the following conditions(or Purchaser's waiverthereof)which are for Purchaser's sole benefit, on or prior to the dates designated below for the satisfaction of such conditions, or the Closing in absence of a specified date: 2.13.1 Seller's Obligations. As of the Closing, Seller shall have timely performed all of the obligations required by the terms of this Agreement to be performed by Seller. 2.13.2 Property Condition. Purchase has approved the condition of the Property pursuant to Section 3.1. 2.13.3 Title Policy. The Title Company will issue the Title Policy and deliver same to Purchaser at Closing. 2.13.4 Seller's Representations. As of the Closing, all representations and warranties made by Seller to Purchaser in this Agreement shall be true and correct as of the Closing. 2.14 Electronic Signatures. Escrow Holder is authorized to accept electronically signed documents which comply with UETA and ESign laws; provided, however, that any documents to be recorded (such as the Grant Deed) must bear original signatures and notarizations. Escrow Holder will notify Seller and Purchaser regarding any other documents as to which it may require original signatures. 2.15 No Withholding as Foreign Seller. Seller represents and warrants to Purchaser that Seller is not, and as of the Close of Escrow will not be, a foreign person within the meaning of Internal Revenue Code Section 1445 or an out-of-state seller under California Revenue and Tax Code Section 18805 and that it will deliver to Purchaser on or before the Close of Escrow a non- foreign affidavit on Escrow Holder's standard form pursuant to Internal Revenue Code Section 1445(b)(2) and the Regulations promulgated thereunder and a California Form 590-RE. 2.16 City Manager Authority. Purchaser by its execution of this Agreement agrees that the City Manager of Purchaser or his designee (who has been designated by City Manager's written notice delivered to Seller and Escrow Holder) shall have the authority to execute documents on behalf of Purchaser including, but not limited to, issuing approvals, disapprovals and extensions.Any such approval, disapproval or extension executed by the City Manager or his designee shall be binding on Purchaser. 5 1641569 1 ARTICLE 3 REVIEW PERIODS 3.1 Review of Property: 3.1.1 Purchaser's Review Period: Within five(5) days of the Opening of Escrow, Seller shall deliver to Purchaser copies of information, reports and investigations regarding the Property within Seller's possession or control, such as Phase I reports and soil studies ("Property Documents"). Purchaser's Review Period shall expire twenty-five (25) days after Opening of Escrow ("Purchaser's Review Period"), unless terminated earlier by Purchaser. If Purchaser has not disapproved the condition of the Property by written notice delivered to Seller and Escrow Holder prior to the expiration of Purchaser's Review Period then Purchaser shall be deemed to have approved same. In the event, Purchaser terminates this Agreement within the Purchaser's Review Period, the Earnest Money Deposit shall be returned to Purchaser. 3.1.2 Purchaser's Investigations of the Property: During the Review Period, Purchaser and its agents and contractors shall have the right to conduct such investigations and enter upon the Property to conduct,at Purchaser's expense,such tests and investigations as may be necessary for Purchaser to determine whether any matter would materially hinder or make economically unfeasible Purchaser's intended use of the Property. At least two (2) days prior any invasive investigations or tests, Purchaser shall notify Seller of the investigations or tests to be conducted. Purchaser will be responsible to pay the cost of repairing any damage to the Property as a result of any test or inspection and leave the Property in a safe condition. Copies of any investigations or reports shall be delivered to Seller upon Seller's request. 3.1.3 Insurance Requirements: Prior to Purchaser or its agents or contractors entering upon the Property pursuant to this Section 3.1, Purchaser shall (i) give Seller forty-eight (48) hours prior notice of entry, and (ii) provide satisfactory evidence to Seller that Purchaser, or its agents or contractors, have obtained commercial general liability insurance, with limits of not less than $2,000,000 per occurrence and $4,000,000 in aggregate; workers compensation insurance in statutory limits and employers liability insurance with limits not less than $1,000,000 each incident, Commercial Auto Liability, with limits of not less than $1,000,000 each accident; and umbrella excess liability insurance excess of the underlying commercial general liability and employers liability insurance with limits not less than $1,000,000 per occurrence and $2,000,000 aggregate. Further Purchaser will name Seller as an additional named insured on the policies listed above. 3.1.4 Indemnity: Purchaser agrees to defend and indemnify Seller for any claims that arise out of Purchaser's inspection or testing of the Property. This obligation shall survive termination of this Agreement. 6 16415691 3.2 Review of Title: 3.2.1 Approval of Title. Promptly upon Opening of Escrow, a preliminary title report shall be issued by Fidelity National Title Insurance Company ("Title Company"), describing the state of title of the Property, together with copies of all exceptions listed therein and a map plotting all easements specified therein ("Preliminary Title Report"). Within fifteen (15) days after Purchaser's receipt of the Preliminary Title Report, Purchaser shall notify Seller in writing ("Purchaser's Title Notice") of Purchaser's disapproval of any matters contained in the Preliminary Title Report except that Purchaser may not disapprove any title exceptions caused by Purchaser's entry onto the Property pursuant to Section 3.1("Disapproved Exceptions"), provided all monetary liens encumbering the Property are hereby disapproved by Purchaser and shall be removed and released by Seller through or prior to the Close of Escrow. In the event Purchaser delivers Purchaser's Title Notice within said period, Seller shall have a period of five (5) days after receipt of Purchaser's Title Notice in which to notify Purchaser of Seller's election to either (i) agree to attempt to remove the Disapproved Exceptions prior to the Close of Escrow; or (ii) decline to remove any such Disapproved Exceptions ("Seller's Notice"). If Seller notifies Purchaser of its election to decline to remove the Disapproved Exceptions, or if Seller is unable to remove the Disapproved Exceptions, Purchaser may elect either to terminate this Agreement and the Escrow or to accept title to the Property subject to the Disapproved Exception(s). Purchaser shall exercise such election by delivery of written notice to Seller and Escrow Holder within five(5)days following the earlier of(i)the date of written advice from Seller that such Disapproved Exception(s) cannot be removed; or(ii)the date Seller declines to remove such Disapproved Exception(s). Upon the issuance of any amendment or supplement to the Preliminary Title Report which adds additional exceptions,the foregoing right of review and approval shall also apply to said amendment or supplement, provided, however,that Purchaser's initial period of review and approval or disapproval of any such additional exceptions shall be limited to five (5) days following receipt of notice of such additional exceptions. 3.2.2 Title Policy. At the Close of Escrow, Escrow Holder shall furnish Purchaser with an ALTA owner's non-extended coverage policy of title insurance insuring title to the Property vested in Purchaser with coverage in the amount of the Purchase Price showing (i) title exceptions approved pursuant to Section 3.2.1; and (ii) any exceptions caused by Purchaser including pursuant to Section 3.1("Title Policy").The cost of the Title Policy to Purchaser shall. be paid by Seller but Purchaser shall be obligated pay for any endorsements. If Purchaser desires to obtain an ALTA extended coverage owner's title policy, Purchaser shall deliver an ALTA survey, at Purchaser's cost, to Title Company at least ten (10) days prior to the Closing Date and Purchaser shall pay the additional cost for the extended coverage. 1641569 1 ARTICLE 4 REPRESENTATIONS AND WARRANTIES 4.1 Seller's Representations And Warranties. Except as expressly set forth in this Agreement, Seller is selling the Property "AS-IS" with all faults, but represents and warrants to Purchaser as follows: 4.1.1 Authority. Seller has full power and authority to sell, convey and transfer the Property as provided for in this Agreement and this Agreement is binding and enforceable against Seller. 4.1.2 Disclosure. Copies of all Property Documents have been delivered to Purchaser pursuant to Section 3.1.1. 4.1.3 No Third-Party Rights. There are no leases,purchase agreements,options, or any other agreements which are in effect as to the Property and no third party has any rights or claims to the Property. 4.2 Purchaser's Representations And Warranties. Except as expressly set forth in this Agreement, Purchaser is relying upon no warranties, express or implied, oral or written, from Seller regarding the Property and, upon Close of Escrow, Purchaser will have accepted the Property as-is,with all faults. Purchaser represents and warrants to Seller as follows: 4.2.1 Agreements. Neither the execution and delivery of this Agreement by Purchaser nor the consummation of the transactions contemplated hereby will result in any breach or violation of or default under any judgment,decree,order, mortgage, lease,agreement, indenture or other instrument to which Purchaser is a party. 4.2.2 Authority. Purchaser has full power and authority to execute this Agreement and purchase the Property as provided for in this Agreement and this Agreement is binding and enforceable against Purchaser. 4.2.3 As-Is Acquisition. Purchaser acknowledges and agrees that, except as otherwise specifically provided herein, Seller has not made, does not make and specifically negates and disclaims any- representations, warranties, promises, covenants, agreements or guaranties of any kind or character whatsoever,whether express or implied,oral or written, past, present or future, of, as to, concerning or with respect to (i) value; (ii) the income to be derived from the Property; (iii) the nature, quality or condition of the Property, including, without limitation, the water, soil and geology; (iv) the compliance of or by the Property or its operation with any laws, rules,ordinances or regulations of any applicable governmental authority or body; (v) compliance with any environmental protection, pollution or land use laws, rules, regulation, orders or requirements, including but not limited to, title iii of the Americans With Disabilities Act of 1990, California Health &Safety Code,the Federal Water Pollution Control Act,the Federal Resource Conservation and Recovery Act,the U.S. Environmental Protection Agency Regulations 8 1641569 1 at 40 C.F.R., part 261, the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, the Resource Conservation and Recovery Act of 1976,the Clean Water Act, the Safe Drinking Water Act, the Hazardous Materials Transportation Act, the Toxic Substance Control Act,and regulations promulgated under any of the foregoing; (vi)the presence or absence of hazardous materials at, on, under, or adjacent to the Property; (vii) the content, completeness or accuracy of any due diligence materials delivered by Seller to Purchaser or preliminary report regarding title; (viii) deficiency of any undershoring; (ix) deficiency of any drainage; (x)the fact that all or a portion of the Property may be located on or near an earthquake fault line or a flood zone;or(xi)with respect to any other matter. Purchaser further acknowledges and agrees that it has or will have been given the opportunity to inspect the Property and review information and documentation affecting the Property, and that, except for Seller's express representations and warranties contained herein, Purchaser is relying solely on its own investigation of the Property and review of such information and documentation,and not on any information provided or to be provided by Seller. Purchaser further acknowledges and agrees that any information made available to Purchaser or provided or to be provided by or on behalf of Seller with respect to the Property was obtained from a variety of sources and that Seller has not made any independent investigation or verification of such information and makes no representations as to the accuracy or completeness of such information. Purchaser agrees to fully and irrevocably release all such sources of information and preparers of information and documentation affecting the Property which were retained by Seller from any and all claims that they may now have or hereafter acquire against such sources and preparers of information for any costs, loss, liability, damage, expense, demand, action or cause of action arising from such information or documentation. Except for Seller's express representations and warranties contained in Section 4.1 above, Seller is not liable or bound in any manner by any oral or written statements, representations or information pertaining to the Property, or the operation thereof, furnished by any real estate broker, agent, employee, servant or other person. Purchaser further acknowledges and agrees that to the maximum extent permitted by law, except for Seller's express representations and warranties contained in Section 4.1 above,the sale of the Property as provided for herein is made on an "as is" condition and basis with all faults, and that Seller has no obligations to make repairs, replacements or improvements except as may otherwise be expressly stated herein. Purchaser represents, warrants and covenants to Seller that, except for Seller's express representations and warranties specified in this Agreement, Purchaser is relying solely upon Purchaser's own investigation of the Property. 4.2.4 General Waiver. Except for the obligations of Seller under this Agreement, Purchaser expressly waives any of its rights granted under California Civil Code Section 1542, which provides as follows: "A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released p " Purc aser's Initials 9 1641569 1 ARTICLE 5 DEFAULTS; REMEDIES 5.1 Purchaser's Default. If Purchaser breaches this Agreement and the transaction is not consummated solely as a result, Seller shall have the right to the liquidated damages in accordance with Section 2.3. However, payment of the liquidated damages to Seller shall not waive or excuse Purchaser's obligation (i) to deliver Reports pursuant to Section 3.1.2; nor (ii) indemnity pursuant to Section 3.1.4. 5.2 Seller's Default. If Seller breaches this Agreement and the transaction is not consummated as a result thereof, Purchaser shall have the right to pursue all available remedies including specific performance. ARTICLE 6 MISCELLANEOUS 6.1 Payment Of Real Estate Brokers And Consultants. Each party represents to the other that no real estate broker has been used in connection with this transaction unless pursuant to a separate agreement. Purchaser agrees to indemnify, defend and hold Seller harmless from and against any claim for a real estate broker's commission or fee by any party claiming to have represented Purchaser in connection with this transaction. Seller 'agrees to indemnify, defend and hold Purchaser harmless from and against any claim for a real estate broker's commission or fee by any party claiming to have represented Seller in connection with this transaction. The indemnification obligations under this Section 6.1 shall survive the Closing or any termination of this Agreement for any reason whatsoever. 6.2 Notices. All notices and other communications which are required to be,or which may be given under this Agreement shall be in writing, and shall be delivered at the addresses set out herein below. Notice may be given by personal delivery, recognized overnight courier, by United States mail or by facsimile transmission in the manner set forth below. Notice shall be deemed to have been duly given (a) if by personal delivery, on the first to occur of the date of actual receipt or refusal of delivery by any person at the intended address, (b) if by overnight courier, on the first (1st) Business Day after being delivered to a recognized overnight courier, (c) if by mail,on the third(3rd) Business Day after being deposited in the United States mail,certified or registered mail, return receipt requested, postage prepaid, or (d) by facsimile transmission shall be deemed to have been given on the next business day after being transmitted, as evidenced by the confirmation slip generated by the sender's facsimile machine addressed as follows: If to Seller: San Bernardino County Transportation Authority 1170 W. 3rd Street, 2"d Floor San Bernardino, CA 92410 Attn: Paul Melocoton Fax: (909) 885-4407 10 16415691 With a copy to: Woodruff, Spradlin &Smart 555 Anton Boulevard, Ste 1200 Costa Mesa, CA 92626 Attn: Craig G. Farrington/Alyson Suh Fax: (714) 835-7787 If to Purchaser: City of Grand Terrace 22795 Barton Road Grand Terrace, CA 92313 Attn: Konrad Bolowich, City Manager Fax: (909) 824-6623 With a copy to: Aleshire &Wynder, LLP 18881 Von Karman Blvd, Ste 1700 Irvine, CA 92612 Attn: Adrian Guerra, City Attorney Fax: (949) 223-1180 If to Escrow Holder: Fidelity National Title Insurance Company 3237 E. Guasti Rd.,Ste. 105 Ontario, CA 91761 Mary Lou Adame, Escrow Officer Fax: (909) 354-3355 or to such other address as either party may from time to time specify as its address for the receipt of notices hereunder, in a notice to the other party. Notices given by an attorney shall be deemed to constitute notice from that party. 6.3 Assignment. Purchaser may not assign this Agreement. 6.4 Joint And Several Liability. If Purchaser is more than one person or entity, then all obligations and/or liabilities of Purchaser set forth herein or arising hereunder shall be the joint and several obligations and/or liabilities of each party constituting Purchaser. 6.5 Entire Agreement. This Agreement embodies the entire understanding of the parties and there are no further or other agreements or understandings,written or oral, in effect between the parties relating to the subject matter hereof including, but not limited to,the Offer. 6.6 Severability. If any term or provision of this Agreement or any application thereof shall be invalid or unenforceable,the remainder of this Agreement and other applications thereof shall not be affected thereby. 6.7 Captions; Number. The captions contained in this Agreement are for the 11 1641569 1 convenience of reference only, and shall not affect the meaning, interpretation or construction of this Agreement. As used in this Agreement, the singular form shall include the plural and the plural shall include the singular,to the extent that the context renders it appropriate. 6.8 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original and all of which together shall be deemed to be one and the same instrument. 6.9 Governing Law. This Agreement has been executed and delivered, and is to be performed, in the State of California, and this Agreement and all rights,obligations and liabilities hereunder shall be governed by,and construed in accordance with,the internal laws of the State of California. Purchaser hereby irrevocably waives any objection that it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement brought in any federal or state court sitting in San Bernardino County, California. 6.10 Time Of The Essence. Time is of the essence of this Agreement. 6.11 Modification. This Agreement may only be amended or modified in writing executed by both parties. 6.12 Waiver. Except as otherwise expressly provided in this Agreement, no waiver by a party of any breach of this Agreement or of any warranty or representation hereunder by the other party shall be deemed to be a waiver of any other breach"by such other party (whether preceding or succeeding and whether or not of the same or similar nature)and no acceptance of payment or performance by a party after any breach by the other party shall be deemed to be a waiver of any breach of this Agreement or of any representation or warranty hereunder by such other party whether or not the first party knows such breach at the time it accepts such payment or performance. Except as otherwise expressly provided in this Agreement, no failure or delay by a party to exercise any right it may have by reason of the default of the other party shall operate as a waiver of default or modification of this Agreement or shall prevent the exercise of any right by the first party while the other party continues to be so in default. 6.13 Business Days. Except as otherwise provided in this Agreement, if any date specified in this Agreement for the Closing Date or for commencement or expiration of time periods for termination or approvals or for notice occurs on a day other than a Business Day,then any such date shall be postponed to the following Business Day.As used herein, "Business Day" shall mean any day other than a Saturday, Sunday or a holiday observed by national banks. 6.14 Attorney Fees. In any action between the parties hereto, seeking enforcement of any of the terms and provisions of this Agreement or the Escrow, or in connection with the Property, the prevailing party in such action shall be entitled, to have and to recover from the other party its reasonable attorneys'fees and other reasonable expenses in connection with such action or proceeding, in addition to its recoverable court costs. 12 1641569 1 f 6.15 Construction. In determining the meaning of, or resolving any ambiguity with respect to, any word, phrase or provision of this Agreement, no uncertainty or ambiguity shall be construed or resolved against a party under any rule of construction, including the party primarily responsible for the drafting and preparation of this Agreement. Headings used in this Agreement are provided for convenience only and shall not be used to construe meaning or intent. As used in this Agreement, masculine,feminine or neuter gender and the singular or plural number shall each be deemed to include the others wherever and whenever the context so dictates. 6.16 Exhibits. Exhibits A, B and C attached hereto are incorporated herein by reference. IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. REMINDER TO PARTIES: Sections 2.3 and 4.2.4 need to be initialed. SELLER: PURCHASER: SAN BERNARDINO COUNTY CITY OF GRAND TERRACE, a general law city TRANSPORTATION AUTHORITY, a public agency By: Darcy cN , Mayor By: Xf— 4)/--7 RayrUnd W. Ife, PhD Z 202,;1- Executive Director ATTEST: APPROVED AS TO FORM: Debra Thomas, City Clerk By: APPROVED AS TO FORM: Craig Farrington/Alyson Suh Woodruff, Spradlin &Smart Aleshire &Wynder, LLP Attorneys for Seller By: 11� z Adrian R. Guerra, City Attorney 13 16415691 6.1S Construction. In determining the meaning of, or resolving,any ambiguity with respect to,any word,phrase or provision of this Agreement,no uncertainty or ambiguity shall be construed or resolved against a party-under any rule of construction,including the party primarily responsible for the drafting and preparation of this Agreement.Headings,used in this Agreement are provided for convenience only and shall not be used to construe meaning or intent.As used in this Agreement,masculine,feminine or neuter gender and the singular or plural number shall each be deemed to include the others wherever and whenever the context so dictates. 6.16 Exhibits. Exhibits A, B and C attached hereto are Incorporated herein by reference. IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. REMINDER TO PARTIES: Sections 2.3 and 4.24 need to be Initialed. SELLER: PURCHASER: SAN BERNARDINO COUNTY CITY OF GRAND TERRACE,a general law city TRANSPORTATION AUTHORITY, �--- a public agency By:- ` Darcy cN ` -;'Mayor By: Raymond W.Wolfe, PhD = - 202 Executive Director VY TTEST: 202 APPROVED AS TO FORM: Debra Thomas, City Clerk By: hiAam Q,,h APPROVED AS TO FORM: Craig Far ington/Alyson Suh Woodruff,Spradlin&Smart Aleshire&Wynder,LLP Attorneys for Seller By: Adrian R.Guerra,City Attorney 13 ira�sU�t ACCEPTANCE BY ESCROW HOLDER Fidelity National Title Insurance Company acknowledges that it has received a fully executed copy of this Agreement for Purchase and Sale of Real Estate and Joint Escrow Instructions and, as set forth herein agrees to act as Escrow Holder thereunder and to be bound by and perform the terms which apply to Escrow Holder. By: Marylou Adame, Escrow Officer Dated: , 202_(Opening of Escrow) 14 1641569 1 EXHIBIT"A" Legat Description of the Property That certain real property in the-City of Grand Terrace, County of San Bernardino,State of California.legally described.'as follows: That portion of :Lot 4 in Section .5; Township 2 South, Range 4 V11est,. SAN BERNARDINO MERIDIAN; in. the. County of San Bemardino; State of 'California, according.to the Map.showing Lands of East Riverside'Land Company as per.Map recorded in Book 6,.page 44 of Maps, in the office of the.County Recorder of said County,described as following: COMMENCING .at. the intersection of. the South. right -of Way line of Barton Road (50.00feet half width) as described'in a.grant deed:to the'County of San Bernardino, recorded April 28, 1965 in Book 6380,:page 315 of Official'Records of.said.County,and the easterly right of way line of Michigan Avenue(44.00,feet half width) as described in a grant deed to the City of Grand Terrace, recorded September 4, 1965 as Instrument 86=255660 of Official Records of said County; thence along said easterly right of'way line, South 0025'52"-East, 125.00 feet to the- .POINT OF BEGINNING, as shown on Caltrans District '08 Right of Way. Map RW000216-4, said point being the 'beginning of a non-tangent curve,. concave Westerly, having a radius of 52.00, feet, to which a radial' line bears 44 North. °57.'54" East; thence southerly along said curve; through.a central angle of '89°13'06" an arc length. of 80.97 feet to•said easterly right of way line; thence -South 0025'52 East,.77.64 feet,to the northwesterly right of Way line'of Commerce Way and being the beginning of a non-tangent curve, concave northwesterly, having. .a radius of 230:00 feet, to which a.radial.line bears-South 22°04'4, East; thence northeasterly along said curve,'through a centraf angle of 44018'13"an arc length of 177.85 feet;,thence North.23937'03" East, 33.'91 feet; thence leaving said'we'sterly- right of way.line South 89°25'31"West, 139.01 feet to the POINT OF BEGINNING. .Containing.i2,800 Square feet,more or Ce'ss The-distances used in'the above description are based on the California Coordinate System of 1983; (Q007) Zone 5. Divide all distances used.in the abode description by 0.9999594 to obtain ground level distances. This real peoperty.description has-been prepared by me,or under'-my direction,in conformance with the Professional Land Surveyors'Act. `D xo,.LAA0 - ODR ��� a 0 Signature' * EXP. 3=3.1=23 Profeal Land Surveyor s�. PLS 9482. Date: 6/18/21 9TFOF CA4`�OQ�. • 1 _ 16415691 EXHIBIT%" Map of the'Property IF.*,771E ST7F OF-CALIFORNIA OR ITS OFOR BARTON AD AGENTS SHALLANOT BE RESPONSIBLE FOR•TRE AECCLWAC RO Y T—— — — OR COIPLETENESS OF DIGITA4 IMAGES OF THIS MAP. I 50:60' 44:0f/L CURVE DATA TABLE NO; RADIUS DELTA LENGTH C1 52.00' 89°13'06" 80.97' C2 230.00' 44°18'113" 177.B5'. 33.00' o - a _ COUNTY OF SANSERNARDINO CITY OF GRAND TERRACE F I Z. LINE DATA TABLE L� .NO. BEARING DISTANCE STATE OF CALIFORNIA .I •CALIFORNIA STATE TRANSPORTATION AGENCY L1 N00°25'52"1V 125.00' DEPAit7WtLVTbF 1RANSPDRTATICiN RIGHT-OF NAY -ESEIBIT"B" L2 N00°25'52"W '77.64'' '.L3. N23°37'03't 33.91' COPYRIGHT.2019 CALIFORNIA DEPARTMENT OF TRANSPORTATION. L4 N89°25'31"E 139'.011. ALL RIGHTS RESERVED. SCALE: 1°_. 80' I.L5 N00'.26'05"W. 1.25.00' FEET' 0 AO 80 160 I e Fsea9 z1s ff=l - 1 1641569 1 EXHIBIT"C" Grant Deed RECORDING REQUESTED BY AND: WHEN RECORDED MAILTO: City of Grand Terrace 22795 Barton Road Grand Terrace, CA 92313 APNs. 1167-231-10 and 1167-231-22 SPACE ABOVE RESERVED FOR RECORDER'S USE THE UNDERSIGNED GRANTOR DECLARES: Documentary Transfer Taxis: $ GRANT DEED FOR VALUE RECEIVED, receipt of which is hereby acknowledged,the SAN BERNARDINO COUNTY TRANSPORTATION AUTHORITY,a public agency("Grantor")hereby grants to the CITY OF GRAND TERRACE,a general law city("Grantee")all that certain real property situated in the City of Grand Terrace, County of San Bernardino, State of California, more fully described and depicted in EXHIBITS "A"and "B"attached hereto and incorporated herein by this reference. Dated: 202_ SAN BERNARDINO COUNTY TRANSPORTATION AUTHORITY,a public agency By: Raymond W. Wolfe, PhD Executive Director 1 1641569 1 ACKNOWLEDGMENT 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 ) On , 202_before m e, (here insert name and title of the officer), personally appeared 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. WITNESS my hand and official seal. Signature (Seal) 16415691 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed by SAN BERNARDINO COUNTY TRANSPORTATION AUTHORITY,a public agency to the CITY OF GRAND TERRACE ("City"), is hereby accepted by the undersigned officer and agent of City and the City consents to the recording of the Grant Deed. - Signed and dated on , 202_at City of Grand Terrace, California. GRANTEE CITY OF GRAND TERRACE, a general law city By: Konrad Bolowich, City Manager 1641569 1 ACKNOWLEDGMENT 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 ) On , 202_before m e, (here insert name and title of the officer), personally appeared 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 signatures)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. WITNESS my hand and official seal. Signature (Seal) 1641569 1 EXHIBIT"A"TO GRANT DEED Legal Description That certain real.property in-the-City of Grand Terrace, Courity,of San Bernardino, State of California legally described as:follows: All that certain ,real property in the City of Grand Terrace,.County of San Bernardino,State of.California,described as follows: That portion of Lot 4 in Section 5,. Township 2 South, Range 4 'West, SAN BERNARDINO MERIDIAN, in 'the County of San Bernardino,.' State of California,.according to the Map showing Lands of East Riverside Land Company as per Map recorded in'Book 6, page 44 of Maps, in the-office of the County Recorder of said County,described as following: COMMENCING at the intersection of the South right of way line of Barton Road_(50.00feet half width) as described in a grant deed to the County of San Bernardino, recorded-April l28, 1965 in Book 6380; page 315 of Official Records - 'of said:County, and the easterly right-of way line of Michigan Avenue(44.00 feet half width)- as described in a .grant deed to the City. -of Grand' Terrace;, recorded 'September 4, 1965 as Instrument,86-255660 of Official Records of said County; thence.along-said easterly right of way line, South 0°25.52"•East, 125:00 feet to the POINT'OF BEGINNING', as shown on Caltrans 'District 08 Right' of Way Map RW000216-4,, said point being the beginning, of a non-tangent curve, concave westerly, .having. a: radius of •52:00 'feet„ to which a radial .line 'bears North 44°57'54" East; thence southerly along said curve,through a central angle of 89°13'06"'an arc length of 80;97 feet to said easterly. right .of way' line;,thence South 002552" East; 77..64 feet to the northwesterly right of.way line of Commerce Way and being the beginning of anon-tangent curve, concave northwesterly, having a radiuss of 230.00 feet, to which a radial line bears South 22°04'44".East; thence northeasterly along said curve, through a central angle of 44*1813"an arc length of 177:85 feet; thence North 23°37'03" East, 33.91'feet; thence leaving said westerly right of way Iine.South 89°25'31"West, 139;01 feet to the POINT OF BEGINNING. ContQ.in(iig 12,800 Square feet,77tare.or less, The distances used in the above description are based on the California. Coordinate.System of 1.983, (2007) Zone 5, Divide all distances used in the above description by 0:9999594 to obtain ground level distances. This real property.description has been prepared by'me,•orunder my direction;in conformance with_the Professional Land Surveyors'Act. X LA P`RO R/psGb �p Signature. * . EXP. 3-41-23 Profe nal Land Surveyor PLS 9482. S Date: 6/18/21 1641569 1 4 ' f � A � 'EXHIBIT"B"TO GRANT DEED Map NOTE: THE STATE OF CAL'IFORNIA OR ITS.OFFICERS OR BARTON ROAD AGENTS'SMALL NOT BE RESPONSIBLE-FOR THE ACCLLRACY. OR'COWLETENESS OF DIGITAL IMAGES OF MIS MAP. I 50.00' —————— --_+— -----=--- -----= .44.00. `hA I CURVE DATA TABLE J NO. RADIUS DELTA LENGTH — L4 1 I 01 52.00' 84-13'061!• 1 33.00' v / 92 230.00' 44'18'13-1 177,85' — J' 0 a COUNTY OF SAN BERNARDINO CITY OF GRAND TERRACE ~ \ I� z LINE DATA TABLE U ISTATE OF CALIFOR.4IA _ NO. BEARING - DISTANCE CALIFURSLA STATE TILANSPORTATION AGENCY :I I DEPARTMENT OF TRANSPORTATION Lt N00925'52"W 125.00' RIGHT-OF WAY .L2 N00°25'52"W .77.64 EXHIBIT L3 N23`37'03"E 33.91'. COPYRIGHT-2019 CALIFORNIA DEPARTHENT.OF TRANSPORTATION. o ALL RIGHTS RESERVED. L4 N89 25'31"E 139.01,' SGAiE:t•= eo L5 N00'26105"W 125.00' FEEL O A0 eo 190 . I ' e sea zts t.m 't 1641569 1