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HomeMy WebLinkAboutRes No. 09-11 - Accept ROW Widening of NS of Geral Ford CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: Adopt Resolution No. 09-11 and Authorize the Mayor to Accept an Irrevocable Offer of Dedication of Right of Way for the North Side of Gerald Ford Drive between Portola Avenue and Technology Drive SUBMITTED BY: Mark Greenwood, P.E., Director of Public Works APPLICANT: Palm Desert North 80, LLC 5005 Calle San Raphael, Suite B-1 Palm Springs, CA 92264 DATE: February 12, 2009 CONTENTS: Resolution 09-11 Road Improvement Agreement Irrevocable Offer of Dedication of Right of Way (Including Form of Acceptance and Resolution) Vicinity Map Recommendation: By Minute Motion, waive further reading and adopt Resolution No. 09-11 authorizing the Mayor to accept an Irrevocable Offer of Dedication of Right of Way for the north side of Gerald Ford Drive between Portola Avenue and Technology Drive. Discussion: The City of Palm Desert has received an Irrevocable Offer of Dedication of Right of Way for the North side of Gerald Ford Drive, between Portola Avenue and Technology Drive. Accepting the additional right of way will make the total right of way on the north side of Gerald Ford Drive seventy-five feet from center line (currently 55.00 feet). This is in conformity with the General Plan. The Grantor, Palm Desert North 80, LLC, had previously entered into an agreement (attached Road Improvement Agreement) with Palm Desert Funding Company, LP, the property owner south of Gerald Ford Drive, and the City of Palm Desert, in order to have the north side of Gerald Ford Drive improvements widened by the Community Facilities District (CFD 2005-1) contractor. The agreement caused the Grantor to prepare and file the subject offer. Staff Report Authorize the City Engineer to Accept an Irrevocable Offer of Dedication of Right of Way February 12, 2009 Page2of2 Therefore, staff recommends that, by Minute Motion, City Council adopt the attached resolution and authorize the Mayor to accept an Irrevocable Offer of Dedication of Right of Way for the north side of Gerald Ford Drive between Portola Avenue and Technology Drive. Submitted By: Department ead: ;'� �� ,C � � `f � R.,Page Garner, L.S. � Mark Gre nwood, P.E. Senior Engineer Director of Public Works Approval: �� Homer C oy Paul Gibson ACM for Development Services Finance Director . CiTY COUNCtL A�TiON v APPROVED �� DF,NiF,D Ju ' McCarth R EIVE�} `� OTHFR - Y ting ity Manager MFFTING DATF, � ' � '� AVFs: t , ; , � _n�rf � �t` Y ie l /cc NOF,S: _ — ABSENT: C ABSTAIN: VERIFIED BY: Original on File with City rk's Office G:IPub Work5lStaf(Reports120091Feb�uary 12103 Adopt Resolution and Accept Offer of DedicationlSR Adopt Resolution and Accept Dedication-Gera/d Ford(PD North 80).DOC RESOLUTION NO. 09-11 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, ACCEPTING AN IRREVOCABLE OFFER OF DEDICATION OF RIGHT OF WAY FOR THE WIDENING OF THE NORTH SIDE OF GERALD FORD DRIVE The City Council of the City of Palm Desert, California, does hereby DETERMINE, ORDER and RESOLVE as follows: I. Palm Desert North 80, LLC, a California limited liability company ("Owner"), is the fee owner of certain real property located in Palm Desert, California, and more particularly described in Exhibit A attached hereto (the "Property"); and II. Owner has previously entered into that certain Irrevocable Offer of Dedication of Right of Way dated as of January 25, 2006, and recorded in the Official Records of Riverside County, California, on January 8, 2007, as Instrument No. 2007-0015604 (the "Agreement"), pursuant to which Owner irrevocably offered to dedicate to the City of Palm Desert, a California municipal corporation, a portion of the Property for right of way purposes which portion is more particularly described in Exhibit B attached hereto (the "Right of Way"); and III. Such dedication is required by, and is in conformance with, the Palm Desert Municipal Code; and IV. City hereby accepts the irrevocable offer to dedicate the Right of Way as set forth in the Agreement, with such modifications for technical accuracy as reflected in the Grant Deed, dated January 23, 2009, executed by Owner in favor of the City and attached hereto as Exhibit D and in the Acceptance (defined below) ; and V. The Mayor is hereby authorized and directed to execute the Acceptance of Dedication of Right of Way in the form attached hereto as Exhibit C (the "Acceptance"); and VI. The City Clerk is hereby authorized and directed to record the Acceptance in the Official Records of Riverside County, California, and to furnish a copy of this Resolution to Owner at the address of record. PASSED, APPROVED, and ADOPTED at the regular meeting of the Palm Desert City Council held on this 12th day of February 2009. AYES: NOES: ABSENT: ABSTAIN: Robert A. Spiegel, Mayor ATTEST: Rachelle D. Klassen, City Clerk APPROVED AS TO FORM: David Erwin City Attorney APPROVED AS TO CONTENT Justin McCarthy Acting City Manager • Mark Greenwood, P.E. Director of Public Works EXHYBIT A TO RESOLUT�ON N4. 09- f� LEGAL DESCRIPTION OF PROPERTY Tlze land referred to herein is siiva.�ed in the State of Catifarnia, Caunt}r of Riverside, City of PALM DESERT, described as follows: PARCEL B: IN T�iE CITY OF PALM DESERT,COUNTY OF RIVERSIDE,STATE OF CALIFORNIA, BEING A PORTZON OF PARCEL 6 OF PARCEL MAP VfTANER O1-28,CERT.IFICATE OF COMPLIAATCE RECORDED SEPTEMBER 7,2401 AS Il�STRUMEN'T'NO. 4I-43S770 pF C�FFICIAL REC�RDS,ALSO BEIIVG IN TI�SOUTH HAI,F 4F SECTION'28 AND TI� NORTH HAI,F OF SECTION 33,TOWNSHIP 4 SQU'I�I,RANGE 6 EAST, SAN BERNARDIN�BASE AND MERIDIAN,MORE PARTICULARLY DESCRIBED AS FOLLOWS: C4MMENCING AT Tf�NORTHWEST CORNER�F SAID PARCEL 6, SAID CORNER AI.SO BEll�TG THE WEST QUARTER CORNER 4F S.AID SECTipN 28;THENCE SOUT�i 00°tfs'S9"EAST AI.,ONG THE WESTERLY LINE OF TFIE S�UI'HWEST QUARTER OF SAID SECTION 2S,A DIST.ANCE OF IS76.9S FEET TO THE TRUE POTNT pF BEGINN;ING;TEIENCE NORTH S9°43'O1"EAST, A DISTANCE OF 684.87 FEET TO TF� BEGINNING OF A 564 FOOT TANGENT CURVE, CONCAVE TO THE SOUTH;TI�NCE EASTERL'Y ALQNG SAID CURVE, TFIROUGH A CENPRAL ANGLE QF 35°44'37",AN ARC DISTANCE OF 351.85 FEET;THENCE TANGENT TO SAID CURVE,SOUTH 54°32`22"EAST,A DISTANCE QF 7'78.97 FEET;THENCE$OUTH,A DTSTANCE OF 437.37 FEET;THENCE SOUTH 47°20'S5" WEST, A DLSTANCE OF 33.95 FEET;THENCE NORTH 89°56`48"EAST,A DISTANCE OF I22 FEET;THL�NCE NORTH 47°25'23"WEST _- A DISTANCE OF 33.99 FEET;THENCE NORTI�A DISTANCE OF 445.7U FEET TO T� — BEGINNING OF A 264 FOOT TANGENT CURVE, CONCAVE TO THE EAST;THENCE NORTHERLY, ALONG SAID CURVE,THIZOUG�I A CENTRAL ANGLE�F 35°27'38",AN ARC DISTANCE OF 163.39 FEET;THENCE TANGENT TO SAID CURVE,NORTH 35°27'38"EAST,A DISTANCE OF 161.I7 FEET;THENCE NORTH 80°2'7'38"EAST,A DISTANCE OF 3536 FEET;THENCE SOUTH 54°32'22"EAST, A DISTANCE OF 162 FEET;TT�NCE SOUTH 56°26'55"EAST, A DISTANCE OF 36U.20 FEET;THENCE AT.,4NG A LINE PARALLEL OR CON�ENTRIC WITH AND 72 FEET SQt)THWESTERLY AND WES'TERLY(11�ASURED PERPENDICULAR TO OR RAUTALLY) OF TF� SOUTH'VVESTERLY AND WESTERLY LINE OF PA,RCEL 5 �F SAID PARCEL MAP WA�VER 41-28,THE F4LLOWING 3 C4URSES: l. SOUTH 54°32'22"EAST A DISTANCE QF 2149.72 FEET TQ THE BEGIldNIl�G OF A 264 FOOT TANGENT CURVE, CONCAVE TO THE SOUTHVVEST; 870728.I 2. THENCE SOUTI�ASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 63°49'20"AN ARC DISTANCE OF 294.07 FEET T4 THE BEGINNING��A 1682 FOQT REVERSE CURVE, CQNCAVE TO TI-�E EAST, A R.ADIAL TO SAID . BEGINNING BE.A.RS NORTH 80°43'OZ"WEST; 3. TI�NCE S(?UTHERLY ALONG SAID CURVE,THROUGH A eENTRAL ANGLE �F 12°S9'30", AN ARC DISTANCE aF 38i.39 FEET,TO TI�BEGINNING UF A 2b4 FOOT REVER5E CURVE,CONCAVE TO TFIE NORT.EiS�EST A RADIAL TO SAID BEGIlVNING BEARS NORTH 86°I7'28"E,AST,,SAID BEGiNNlNG ALSD BEING QN THE WESTERLY LIl�E OF TECHNQLOGY DRNE RIGHT OF WAY DESCRIBED IIV _ DOCUMENT NO. 00-519849 RECQRDED DECEMBER 29,20�0 QF OFFICIAL RECORDS; THENCE SOUTFiWESTERLY ALONG SAID CURVE ATID SAID WESTERLY LINE, THROUGH A CENTRAL ANGLE OF 83°20'31", AN ARC DTST.ANCE OF 384.01 FEET,TO THE BEGINNING QF A 336 FOOT REVERSE CURVE,CONCAVE TO Tt�SOUTI-�EAST A RADIAL TO SAID BEGINNING BEARS NORT.f� 10°22'Ol" WEST;TF�NCE SOUTHWESTERLY ALQNG SAID CURVE AND CONTINUIIQG ALONG SAID WESTERLY LINE,THRQUGH A CENTItAL.ANGLE 4F 56°50'25"AN ARC DISTANCE OF 333.33 FEET;THENCE TANGENT TO SAID CURVE AND.ALONG SAID WESTERLY LINE, SOUTH 22°47'34",A DISTANCE OF I 17.79 FEET TO A POINT ON THE N�RTI-�ASTERLY LINE 4F GERALD FORD DRNE, 110 FEET WIDE,AS DESCRiBED ]N INSTRI711+�NT NC).238527,RECQRDED JLTLY 8, 1997 QF 4FFICIAL RECORDS,AND TO THE BEGINNING OF A 945 FUOT NON TANGENT CURVE CONCAVE TO THE NORT.HEAST A RADIAL TO SAID BEGrIlVNING BEARS SOUTH 24°58'33"'WEST. THE F�LLQWIl�G 7 CQURSES ARE AL4NG T�NORTHEASTERI,Y.AND NORT'HERLY LINES OF GERAI.D FORD DRIVE: l. THENCE NORTHWESTERLY ALONG SAID CURVE,THRQUGH A CENTRAL ANGLE OF 67°17'SG" AN,A,R,C DISTANCE OF 1109.98 FEET TO THE BEGINNING QF A IOSS FOOT REVERSE CURVE, CONCAVE TO THE SOUTHWEST A RADIAL TO SAID BEGINIVING BEARS SQUTH 87°43'31"EA�ST; - 2_ THENCE NORTFIWESTERLy ALONG SAID CURVE,THROUGH A CENIRAL ANGLE OF 92°2U'21",AN ARC DTSTANCE OF 1700.2b FEET; 3. Ti�NCE TANGENT TO 5AID CURVE, SOUTH 89°56'08"WEST,A DISTANCE�F 1615.27 FEET; �4. THENCE N�RT.Ei 85°06'40"WEST, A DISTANCE OF 150.55 FEET; 5. THENCE SOUTH 89°56'08" WEST,A DISTANCE OF 200 FEET; 5_ THENCE NORTH 45°�0'31"WEST, A DISTANCE 4F'32.46 FEET; 7_ THENCE SOUTH 89°43'Ol° W8�5T,A DIST.ANCE OF 23 FEET TU A POIlVT ON A L1NE PARALLEL WTT'H AND 39 FEET EASTERLY OF THE WESTERLY LINE OF Tf� SOUTHWEST QUARTER�F SAID �ECTION 28; THENCE SdUTH 00°16'S9"EAST g�ans.i ALONG SAID PARALLEL LINE,A DISTANCE OF 90.82 FEET TO A POINT OF INTERSEGTIQN OF THE NORTHERI.Y LINE OF'THE NORTHWL�ST QUARTER OF SAID SEC'TrON 33,AND A LINE PARALLEL WITH AND 39 FEET EASTERLY�OF THE WESTERLY LINE OF SAID N�RTHWEST QUAR'�ER;THENCE S4UTH 00°OS'38"EAST ALONG LAST SAII}PARALLEL LINE,A DISTANCE OF 329.01 FEET TQ A P�INT ON A L1NE PARAI.LEL WITH AND 329.01 FEET SOUTI�RLY OF SAID NORTH�t.LY LINE OF SAID NURTH'WLST QUARTER;THENCE SOUTH 89°56"08" WEST ALONG LAST SAID PARALLEL LINE, A DISTANCE()F 39 FEET TO A POINT ON SAID WESTERLY LiNE OF THE NORTHWEST QUARTER;THENCE NORTH UU°OS'38"QVEST.ALONG SAID R�ESTERLY LINE TO THE S()UTHWEST CORNER OF SAID SECTION 28,A DIST.ANCE OF 329A1 FEET;THENCE NORTH 00°15'S9"WEST AI.ONG T�IE WESTERLY LZNE 4F TI�S4i:�THWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 1084.36 FEET TO THE TRUE POINT OF BEGINNING. s�m2s.t i � RBF CONSULTING 74-130 Country Club Drive,Suite 201 Palm Desert, CA 92260 Revised: April 3,2006 October 10,2005 JN 20-100626.01 Page 1 of 3 EXHIBIT � RIGHT OF WAY GERAI.D FORD DRIVE Those certain parcels of land situated in the City of Palm Desert, County of Riverside, State of California, being portions of Parcel "B" as described in Parcel Map Waiver 03-04, recorded January 28, 2003, as Instrument No. 2003-060548 of Official Records, in the Office of the County Recorder, of said County of Riverside,more particularly described as follows: PARCEL 1 Being a strip of land, 81.00 feet in width, the southerly line of which is described as follows: BEGINNING at the centerline intersection of Gerald Ford Drive and Portola Avenue as shown on Parcel Map 31730 filed in book 211 pages 63 through 75 of Parcel Maps, in the Office of the County Recorder, of said County of Riverside, said point also being the section corner common to Sections 28,29, 32 and 33 of Township 4 South,Range 6 East, San Bernardino Meridian; thence along the centerline of Gerald Ford Drive,as shown on said Parcel Map 31730, North 89°56'07"East, 516.88 feet to the intersection of a line which lies perpendicular to the said centerline of Gerald Ford Drive and passes northerly through the easterly terminus of that certain course in the southerly line of Parcel 2, described as "North 89P56'08" East a distance of 82.23 feet" in a Crrant Deed recorded June 27, 2003 as Instrument No. 2003-476347 in the said Office of the County Recorder, said point also being the POINT OF TERMINATION. Said strip of land shall be lengthened or shortened westerly so as to terminate in the westerly line -- of said Section 28. EXCEPTING THEREFROM those portions of land described as Parcel 1 and Parcel 5 in a Grant Deed recorded July 8, 1997 as Instrument No. 238527, TOGETHER WITH those portions of land described as Parcel 1 and Parcel 2 in a Grant Deed recorded June 27, 2003 as Instrument No. 2003-476347,both in the said Office of the County Recorder. CONTAIIVING: 6,002.0 Squaxe Feet,more or less. 4 Revised: April 3,2006 RIGHT-OF-WAY October 10,2005 GERAI.D FORD DRIVE JN 20-100626 Page 2 of 3 PARCEL 2 Being a strip of land, 75.00 feet in width,the southerly line of which is described as follows: COMMENCING at the centerline intersection of Gerald Ford Drive and Portola Avenue as shown on Parcel Map 31730 filed in book 211 pages 63 through 75 of Parcel Maps, in the Office of the County Recorder, of said County of Riverside, said point also being the section corner common to Sections 28, 29, 32 and 33 of Township 4 South, Range 6 East, San Bernardino Meridian; thence along the centerline of Gerald Ford Drive, as shown on said Parcel Map 31730, North 89°56'07"East,516.88 feet to the TRiJE POINT OF BEGINNING; thence continuing along said centerline of Gerald Ford Drive through the following courses: North 89°56'07"East 1533.04 feet to the beginning of a tangent curve concave southwesterly and having a radius of 1000.00 feet; thence along said curve southeasterly and southerly 1611.62 feet through a central angle of 92°20'20" to a point of reverse curvature with a curve concave northeasterly and having a radius of 1000.00 feet, a radial line of said curve from said point bears South 87°43'33" East; thence along said curve southeasterly 1212.69 feet through central angle of 69°28'S5" to a point on the centerline intersection of Technology Drive and Gerald Ford Drive as shown on said Parcel Map No. 31730, said point also being the POINT OF TERMINATION. Said strip of land shall be lengthened or shortened westerly so as to terminate in the easterly line of the strip of land, 81.00 feet in width, described herein as Parcel 1 and easterly so as to terminate in the northerly prolongation of said centerline of Technology Drive from the centerline of said Gerald Ford Drive. EXCEPTING THEREFROM that portion of land described as Parcel 1 in a Grant Deed recorded July 8, 1997 as Instrument No. 238527; TOGETHER WITH that portion of land described in a Grant Deed recorded December 29, 2000 as Instrument No. 2000-519849; TOGETHER WITH that portion of Parcel "A" as described in said Parcel Map Waiver 03-04; all documents being recorded in the said Office of the County Recorder. CONTAIlVING: 1.980 Acres,more or less. PARCEL 3 CONIMENCING at the centerline intersection of Gerald Ford Drive and Technology Drive as shown on Parcel Map 31730 filed in book 211 pages 63 through 75 of Parcel Maps, in the Office of the County Recorder, of said County of Riverside; said point also being a point on a curve concave northeasterly and having a radius of 1000.00 feet, a radial line of said curve from said point bears North 22°47'32" East; thence along the northerly prolongation of the centerline of said Technology Drive, North 22°47'32"East 75.00 feet to a point on a non-tangent curve concave northeasterly and H:\PDATA�20100626\Admi nUegais\626LGL001.doc Revised: Apri13,2006 RIGHT-OF-WAY October 10,2005 GERALD FORD DRIVE JN 20-100626 Page 3 of 3 having a radius of 925.00 feet, said curve being concentric with and 75.00 feet northeasterly of last said curve, a radial line of said concentric curve from said point bears North 22°47'32" East; thence along said curve northwesterly 36.01 feet through a central angle of 02°13'49" to a point on the southeasterly line of said Parcel "B" of Parcel Map Waiver 03-04, said point also being the TRUE POINT OF BEGINIVING; thence continuing along said curve,northwesterly 26.55 feet through a central angle of O l°3 8'41"; thence non-tangent from said curve North 69°38'06" East 36.35 feet to a point on said southeasterly line of Parcel "B"; thence along said southeasterly line, South 22°47'32" West 26.27 feet to the TRiTE POINT OF BEGII�TNING. CONTAINING: 350.1 Square Feet,more or less. EXHIBIT"B"attached and by this reference made a part hereof. SUBJECT TO all Covenants,Rights,Rights-of-Way and Easements of Record. This description was prepared by me or under my direction. �\ONA��NOSG o5��`pAVlp`, 90 O� �� � � Levi D. Cox, .L.S. 7930 .� L.S, No.7930 * My license expires 12/31/07. �, . Exp. 12i31107 �, ��T�O� Cp,L�F���� H:�PDATA1201 0 0 62 6U1dmi nVegals\626LGL001.doc / � , INDICA TES R.0. W. FOR : , ,, ;� SCALE: 1"=200' /�'� j GERALD FORD DRI VE 2. 126 ACRES SEE SHEET 2 �� � O N Q � ��r��� � �t r, '� �1 � � � \ 55 I 75 r ����`f,�(�, � (�� r, � I g �� � rj� �, � 14 �> � ��� � �� ���r� .� -� J � �� � � � � � � � q i �C� `�' J `� 2 �ti `�� � >>��' � \ 20 . q ,,� � m �, � � � o � �, C/L PACIFIC A VENUE � '� - - ^ � v 5 6 q — — ` �I � � � � 19 � WI � 15 � � � � r( 'rjC� �� �I� � r\ f r��� � ��� �f � r � � �� �? V 'r ����' �, � � � _; o I �l � � I � `sr�T(� , 1\ r�, �0 0l q �1 x � C\f �I r� � 1 � Z� � � � �) 1 . '-`J 3 �f� �f1��'`) � O I � q � � � � � � � � o 0 18 �1 � L) � � GRANT DEED � � '� `� o ,`�° 75 � INST. N0. 238527 � o ,i o 8� \�' � \I v o � REC. 07/OS/1997 0.R. � � N � �o Z � � , � ��— � T.P. 0.8. o z o 68 ' 75 � � � PCL. 2 z ,; 17 �, ``� / � � � � � � � � � z � �� � o � �, � � \ SEE DETAIL RIGHT 16 w� I � I � � J J � O OI � � � � � � � I Q a Z � � o � GRANT DEED �� ? � � m � � � � � N 8� INST. N0. 476,347 �I ,, � � o o � rr \ \o W � �� � � o � 68 ' 75 ' I REC. 06/06/200.3 0.R. z I � � � � � � \� � azo O � � — — - " �) � Z � � L�� m � I � Z � � �� o � � � C/L PORTOLA A VENUE o � I � � DETAIL � N. r.s � m \ � w � — / � _ z � . a a \ � - - ' � C/L PORTOLA SHEET 1 OF 3 SHEETS � EXHIBIT �B" ` AVENUE PLANNINO ■ DESION ■ CONBTRl1C710N ry � 0 PLAT TO ACCOMPANY A o LEGAL DESCRIPTION FOR 74-13000UMAYCLUBDRNE,SU(fE201 � � � PALM DESERT.CALIFOFWIA 92260-1655 Q RIGHT—OF—WAY DEDICATION. C O N S U LTI N G �eo.sae.�4a� • FAX 760.346.8315• www.RBF.com Q 0 REV: AFRIL 3, 2006 DATE: OCTOBER 10, 2005 JN: 20-100626-001 � _ S87°4� 33"E (R) �� � ,� . INDICATES f?.O. W. FOR P.R .0 — �� GERALD FORD DRI�E PCL. 2 � . � � . � � �. � ' 2. 126 ACRES 1.98 AC. , � � � ,� � � - -� � ��, , , , � � � ,���. , ����� � \ � � � � � ,����� S87°43 '33"E �R��l � t� �� � � � �� P.R .C . � � � � �0��` �� ��g SCALE: 1"=200' �1 �� � �� �� � ��� �� � � � ' � ���y� �) � � �� � O �/ ��� � � � \ o� ,�,° y � � � � ? � o a��� GRANT DEED � Lj � o�� INST. N0. 238527 � REC. 07/OS/1997 O.R. / �S , ���FiJ rrrl �� / ss ��S ' ��1 hJrr�l l�/l�1� l�lJ. �l" /�J 2� � �.i�il,�. �I l/�:�—/� �, I O � 1 � � �,��FlJ�r`l� J �� � � � � �� � 8 L) 1 O� , � � Ia 7 6 C/L PACIFIC AVENUE � — o 5 � � � 15 � r�(� m ` r� �'� � _ � 3 � r� 3 � � �Cf�'�,��> > -�r� � ��� � \ �� i � o � � ������ , •� � r�� � � ` r� � � )C�f ` J m i x � � w ���� ` \I� �' i 1 � L l� - � �, . a � � � , a � _ i �� c� � y� + SHEET 2 OF 3 SHEETS o � \ � � � EXHIBIT ,/�/ /� PLANNINO ■ DESION ■ CONSTRUCTION � � z ., PLAT TO ACCOMPANY A o � LEGAL DESCRIPTION FOR ■ ■ � 74-13000VMRYCLUBDRNE,SUfTE201 � I SEE SHEET 1 PALM DESERT,CALIFORNIA 92260-1655 RIGHT—OF—WAY DEDICATION. cor�su�T�niG �eo.sas.�aa� � FAX760.346.8315• www.RBRcom a i REV: APRIL 3, 2006 DATE: OCTOBER 10, 2005 JN: 20-100626-001 � � ; � / j INDICATES R.0. W. FOR SCA�E: t"=200' � �';��� GERALD FORD DRI�E ' 2. 126 ACRES ` . �� SEE DETA I L GRANT DEED BELOW INST. N0. 2000-519849 , / N22°47'32"E (R) REC. 12/29/2000 0.R. ''�� i � � c L �� � I��'ly��'Cr���l �r/, "�" �Gy �' �.l�l.�/. J�--J r� �98 ac. � �s'� �I��J�. ���0. I J�J J� '�j � `SS, 1 h�r r, J�/��/�JJ� J.R, o�,�� �� 'S� � O �'� ,'`�l'/ O � O S87°43' 33"E (R) ,, ����� O� ��L1�� ���fi)�rr� � �� y�,�'w �� P.R C 6�o ,�5' � \ �/ 0 O Q' �, D/ 0 0 ��� ��� ��� / � 55 1,� �' � `�, � 69 2a �� �'\�'�' 'v '� � �; �c�L �,�o, � � GRANT DEED 10 9 � � \ INST. N0. 238527 \ 13 P.0.C. �' S87°43 '33"E (R) REC, 07/OS/1997 O.R. � — — — PCL. 3 PCL. .3 �i P .R. C �����rrrl � 350. 1 S.F. 21 � L�� iJ���iJ�r l l/���� l��J. :�� ,:�J �2 11 � � i m � �.1/1.�. �l I�J�J�J ���i �� �� o � ` �'F'i �'� �'� �, � � J � �� o� �,I W� � � �%��/ N� �I DETAIL o� �� N. r.s. �� �� Q N DATA TABLE z� zj a NO BEARING/DELTA RADIUS LENGTH DATA TABLE � 1 N89°56'07"E -- 516.88' NO BEARING/DELTA RADIUS LENGTH � 2 N00°03'S3"W -- 81 .00' 12 N69°38'06"E -- 36.35' m 3 N89°56'07"E -- 2049.92' 13 S22°47'32"W — 26.27' �, 4 N89°56'07"E -- 393.60' 14 N00°03'S3"W -- 75.00' � 5 S47°20'S5"W -- 7.20' 15 N89°56'07"E — 1533.04' o 6 N89°56'07"W -- 122.00' 16 N46°31 '34"W -- 12 03' � 7 N47°25'23"W -- 7.60' 17 18°50'09" 88.00' 28.93' N 8 S89°56'07"W -- 318.43' 18 N89°56'07°E — 200.34' m 9 N22°47'32"E -- 75.00' 19 09°31 ' 10" 484.00' 80.42' w 10 02° 13'49" 925.00' 36.01 ' 20 09°31 ' 10" 460.00' 76.43' Z 11 01°38'41" 925.00' 26.55' � 21 N22°47'32"E -- 20.01 ' Q � q SHEET 3 OF 3 SHEETS o EXHIBIT ��✓ /, P�-ANNIN� ■ DESI�N ■ CONSTRIJCTIDN / � � PLAT TO ACCOMPANY A � LEGAL DESCRIPTION FOR � � � 74-130CWNTHYCLUBDRNE,SUfTE201 � PALM DESERT,CALIFORNIA 92260-1655 Q RIGHT—OF—WAY DEDICATION. CON5ULTING �eo.sas.�as� • FAX760.346.8315 • www.RBF.com Q REV: APRIL 3, 2006 DATE: OCTOBER 70, 2005 JN: 20-100626-001 � _ E��iBIT C FORM OF ACCEPTANCE REC�RDING REQUESTED BY 1�ND WH�N RECORDED MA�II,TO: � City of Paim Desert 73510 Fred Waring Drive Palam Desert,California 922b0 Attentian: City Manager APN: [Space Abflve For Recorder's Use Only] Exempt from recording fees pursuant to California Govemment Code Section 6103 ACCEPTANCE OF DEDICATION OF RIGHT OF WAY Ttte City of Palm Desert, a California mutucipal corporation("Grantee"),hereby accepts the offar of dedica.tiou(tbe"Uffe�'')of certain real properry iocated an Palm De.sert, Ca.lifornia, and more particularly described in Exhibit A attached hereto for right of way purposes(the "Right of Wa�')en�ered into by Palm Desert North 80,LLC,a Califomia limited liability cvrnpany("Granto�''), pursuant to that certain I�revocable Offer of Dedication dated as of , ,executed by Grantor in favor of Grantee and recorded in Official Records of Riverside County, California, on _, ,as Instrument No. (the"AgreemenY'). The�ffer,and thas Acceptance of Dedica.tion of R.ight of Way,arese&om and are made pursuant to the Agreemeut. The undersigned is authorized to execute this AccBptance of Dedicataou of Right of Way on behaEf of("Yrantee pursuant to a resolution of tbe City Councit of C,rantee adopted on � ,a copy o£which is attached hereto and incarporated herein by this reference. (This Space Intentionalfy Left Blank;Signature On The Next Page] $7072$.l (`_1 IN WITNESS�WI�REOF,the undersigned has executed this Acceptance of Dedication of Right of Way as of , GRANTEE: CTI'Y OF PALM DESERT, a California municipal corporation BY= Name: I#s: ATTEST: City Clerk STATE 4F CALI'FOItNIA ) ) ss. COUNTY OF RNERSIDE ) On ,before me, a Notary Public in and for the State of California,personaliy appeared personaU.y known to me(or praved to me an the basis of satisfactory evidence)ta be the person whose name is subscribed to the within instrument and ac�tixowledgetl to me that hc/she executed the same in his�/laer authorized capacity, and that by hisJher signaEure on the instrument,the persoq or the entity upon behalf af wtuch the person acted,executed the instrument_ — WITNESS rny hand and official seal. Notary Public in and for the State ofCaliforaia (SEAL) s�orzs.t �_� TXHISTT A LEGAL DESCRIPTION OF RTGHT�F WAY (See Attached) s�ons.t �_�z Exhibit D RECORDIPdG REQUESTED BY. Stewart Title Guaranty WHEN REGORDED RETURN TO: City of Palm Desert 73-510 Fred Waring Drive Palm Desert,California 922bQ Attn.: Ms. Rachelle Klassen APN:653-280-031 /653-390-075 TRA 018073 [SPACE ABOVE FOR REGORDER'S USE ONLY] GRAI''VT DEED 1'HE UNDERSIGNED GRANT4R DECLARES AS FOLLOWS: This transfer is exempt from Documentary Transfer Tax pursuant to Revenue&Taxation Code Section 11922, and exempt from Recording Fees pursuant to California�overnment Code Section 6t03. FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, PALM DESERT NURTH 80,LLC, a Califarnia limited liability company(the"Grantor") hereby grants to CITY OF PALM DESERT,a municipal corporation,certain real property located in the City of Palm Desert, Gaunty of Riverside, State of California,more particularly described on"Exhibit A"attached hereto and incorporated herein by reference. IN WITNESS WHEREOF, Grantor has executed this Grant Deed as of the date set forth below. Dated: _�� _ t�� ,2009 PALM DESERT NORTH 80,LLC,a Califarnia limited liability campany By: Cornerstone Desert Properties T,LLC,a California linnited liability company,its Manager By: Marix Family Limited Partnership,a Delaware limited Partnership,its Manager By: Marix Family Trust under Declaration of Trust Dated as of October I2,2002, as amended,its G neral P � � ,,� �. ,� , � By. � � __� � '� �r���, i ael S. arix,' rustee ,� � P6401-1032\1113278vi.dac caL�FORw��, �L�.-�urR�osE �►c�c�� � � °r ...,,,�Y,"r".:>'�'�'v`"�Sr._:*�i�=��°.<;a�..�:..:��.�.".a��:;r�.��..."�.;c�'�:�'d.,,>..�:X:.�,....,._:5r'::�'a^�.�.`;�u,%'�µ'�".;kr"�..:�._:Cr."'�..Kr ,�.,�,,. .,, c* a r- " �.a'Y"' ^e'i ,� ";'..�'"t _ .w..�.�..�...$cr�,�°_:°...,,..s.,;1....3..» �..�._."`�......'��z...,�,_ State af Caiifornia . � Caunty tif �f'"'�1c1- ° .......................=�'' '.............-- �,,,_., . On C�j _ t� befare me, � �'�-� � � { S _— - — -___ _.. _, Oate HEre Inse;rt Name and Title of the Officer personally appeared �l�tR.-�, _._� . '1 C�C"� ?�" - -- --- __....._ Marne(s}of'Slgner(s) ---...__._.............____._ ..__..........._ .__..i who pravec!to me on ihe basis of satisfactory evidence to k�e the person{s} wh�sr� name(s) islare subscribed to the within instrum�nt �nd acknowledged to me that he/shelthey executed the same in his/her/their authorized �P�+���`����� c���city(ies), anci tl��t by his/her/their signature(s} on the Commu�sbn#� �763I�b instrument the �ersorr(s}, or the entity upon behalf af � �°��'�-���� � which the �erson(s} acted, execufed the instrument. Rhr�tsidl�C MYC�olrrrt.�DwrCtf�„�f0i i 1 certify under PENALTY OF PERJtJRY under the laws af the St�te of Galiforni� that the foregoing paragraph is true and corr�ct. WITNESS my hand and official s , � �� Sign�tur�_ ' �� ____ ._�- �,� . Plac;e Notaty Seai Above ;ignature af Notary Pubiir, �- ��� tJ��l4lt 1P�8� Thouqh the infnnn<�fivn belaw is nof reqerired by taw,it m�y prove vatuabiP ta�ersons retying an the doeument and could prevent�raudutenf remova!and reattachrnent ot this fnrm ta tznUther document. Cfescrip ' of Att�ch�d Do�um�nt Title or Type of Do mer�t:� _ -- Document Date: ._.. _- --.Niimber of Pages: Signer{s)C?ther Than Named A ve: Capacity{iesj Ciaimed kay Signer Signer's Name: __________ _ Signer's Name: - --_ ; Individual _llr�diviclual J Car�orate Officer---Titie(s): ____ 1 Cc�rporate C)fficer—Titie(s): _ L: Partner _—'� Limifed :_�Gensral . �., i�_�� rtri�r '�= Limited ❑ Ge:nerai ,.,,,,.y ❑ Attorney in Fact Q �_',Att� . in �act + Tc;p r>f��1.=.;mb here To�ol thi,uT�Y�here TI"�lStBG' i�CLIStF:P. ��"�s C��ardian or Conservator i _l Gur�rdian or � 7tiervatc�r -' (�ther: .� � 'Ofher i ........................_ __-- -._..._____ ; , Signer Is Representiny: _ Signer Is F�e�resentiny: . _ ._-_. ---- -.._---._. _.. _-- - • \ -'„��: a.� 't'.�.r >_,.�.;.;:,, „ `s;c..,,..,_ .;. v t :';?'.,_..�,-�f z _v:s. . .'"-y � n,a�i`..x..�.,,.w, ��,w` s-� ,f t�=Y?u7 ':�°r '.' � �,� 02U0?National Notary Ass�ation�93G0 L�e Soto�\ve.,t?O.Box 2�02•Ghafswarth,CA 9"313 2402»w�vvs.NatienalNOEary.org Itt�rn 65907 Rvvrdyr�C:ali(oii-Froe i-8D0.S76-6827 ) STATE OF CALIFORNIA }ss. COUNTY OF } On ,before me, ,a notary public, personally appeared who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person or the entity upon behalf of which the person 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 (This area for official notariai seal) 2 P6401-1032\l l 13278v l.doc RBF CONSCJLTING 74-130 Counfxy Club Drive,Suite 201 PaTm besert,CA 92260 Revised:Aprii 3,2006 Ocfober 10,2005 ,mi 20-1Q0626.01 1'age 1 of 3 EXII[BIT"A" R�GH'd'OF WAY GERA.F,D�ORp bRIVE Those certain parce]s of land situated in the City of Palm Desert, County of Riverside, Stafe of Califarnia, being portions of Parcel "B" as described in Parcel Map Waiver 03-04, recorded January 28, 2003, as Instzument No. 2003-060548 of Official Records, in the Office of the County Recorder,of said County of Ri�verside,more particuiarly described as follows: �ARCEL Z Heing a strip of land, 81,00 feet in wzdth,the southerly line o�'which is described as follows: BEGINNING at#he centerinae interseotion of Gerald�ord Drive and�ortola Avenue as shown on Parcel Map 31730 filed in book 211 pages 63 through 75 of�'arcel Maps,in the Office of the County Recorder,of said County of Riverside, said point atso being the section cornex common to Sections 28,29,32 and 33 of Township 4 South,Range 6 East,San Bemardiz�o Meridian; thence along the centerline of Genld Ford Drive,as shown on said Parcel Map 31730, North 89°56'07"East,516.88 feet to the intersection of a line which Iies perpendicular to the said centerline of Gerald Ford Drive and passes northerly through th�e easterly ternninus of that certain course in the southerly line of Pazcel 2, described as "North 89°56'08" East a disi�nce of 82.23 feet"xn a Crrant Deed recorded J'une 27,2003 as Tnstrument No. 2003-476347 in the said Office of the County Recorder,said point also being the POINT OF TERMLNATYON. 5aid slrip of IarAd shall be lengkhened or shortened westerly so as to tenminate in the westerly line ofsaid Seetion 28. EXCEPTIlVG TAERE�'ROM those portions of land described as Parcei 1 and Pazce1 5 in a Grant Deed recozded 7uly S, 1997 as Insh�ment No. 238527, TOGET�CER W��'H those portions of land described as Parcel 1 and Pazcel 2 in a Grant Deed recorded June 27, 2003 as Instrument No.2003-476347,both in the said Office of the County Recorder. CON7.'AIlVII�IG: 6,002.0 Square Feet,more or less. EXHIBIT"A" Revised:April 3,2006 RIGHT-OF-WAY October 10,2005 GERALD FORD DRI'VE JN 20-100626 �age 2 of 3 PARCEL 2 Being a strip of land,75.00 feet in width,the southerly]ine of which is described as foilows: COMMEI�FCTNG at the centerline intersection of Gerald Ford Drive and Portoia Avenue as shown on Parcel Map 31730 ftled in book 2l.l.pages 63 through 75 of Pazcel Maps,in the Office of the County Recorder, of said County of Riverside, said point also being the section corner comm�on to Sactions 28, 29, 32 and 33 of�Township 4 South, Range 6 Bast, San Bernardino ' Meridian; tttence along the centerline of Gerald Pord Drive,as showr►on said Parcel Map 31730, North 89°56'07"Bast,516.88 feet to the TRUE POINT OF BEGINl.VING; thence continuing along said centerline of Gerald Ford Drive through the following courses: North 89°56'07"�ast 1533.04 feet to the beginning of a tangent curve concave southwesterly and havitag a radius of 1000.00 feet; thence along said curve sontheastexly and southerly 1611.62 feet through a ceniral angle of 92°20'20" to a point of reverse curvature with a curve concave northeasterly and having a radius of 1000.00 feet,a radial line o�said curve from said point beaxs South 87°43'33"East; thence along said curve southeasterly 1212.69 feet through central angle of 69°26'S5"to a point on the centerline intersection o�'Technology Drive and Gerald Ford Drive as shown on said Parcel Map No.31730,said point also being the POINT OF TERNIINATION. ' Said strip of land shall be lengthened oz shortened westerly so as to terminate in the easterly Iine of the stzip of land, 81.00 feet in width, described herein as Parcel 1 and easterly so as to terminate in the northerly prolongation of said centerline of Technology Drive from the centerline of said Gerald Ford Drive. EXCEPT�NG THEREFROM that portion of land described as Pazcel 1 in a Grant Deed zecorded July 8, 1997 as ir►strument No. 238527; TOGETHER WITH that portion of land described in a Grant Deed recorded Decembez' 29, 2000 as Instrument No. 2000-519849; TOGETHER WITH that portion of Parcel"A"as described in said Parcel Map Waiver 03-04; a11 documents being recorded in the said Offcce of the County Recorder. CONTA�IING: 1.980 Acres,more or less. PARCEL3 COD�VIENCING at the centeriine intersection of Gerald Ford Drive and Technology Drive as shown on Parcel Map 31730 filed in book 211 pages 63 through 75 of Parcel Maps,in the Of�ice of the County Recorder, of said County of Riverside; said poitzt also being a point on a curve concave northeasterly and having a radius of IOOO,f10 feet, a radial line of said curve from said point bears North 22°47'32"Last; thence along the northerly prolongation of the centerline of said Technology Drive, _ North 22°47'32"East 75.00 feet to a point on a non�tangent curve concave northeasterly and H'1PDATAt20'1006261AdminVe gdsl626LGL001,dOc EXHIBIT"A" Revised:April 3,2006 RIGHT-OF WAY October 10,2005 GERALD FORD bRNE JN 20-100b2G Page 3 0�'3 having a radius of 925.Oa feet, said curve being concentric with and 75.0� feet northeasterly of last said curve,a radial line of said concentric cuzve from said poin#bears North 22°47'32"East; thence along said curve northwesterly 36.01 feet through a central angle of 02°13'49" to a point on the southeasterly line of said Parcel"B"of Pazce1 Map Waiver 03-Q4,said point also being the TRUL�OINT Ok'BEG�NNING; thence continuing along said curve,northwesterly 26.55 feet through a cen�al angle of 01°38'41'; ' thence non-tangent from said curve North 69°38'06"East 36.35 £est to a point on said southeasterly line of Parcel"B"; thcncc along said southeasterly line, South 22°47'32"West 26.27 feet to the TRLTE POINT OF �EGINNING. CONTA�NING: 350.1 Square Feet,more or Iess. EI��IT`B"attached and by this reference made a part hereof. SUBJECT TO all Covenants,Rights,Rights-of-Way and Easements of Record. This description was prepared by me or under my direciion. NP��No o�y�a�oAvro co��� < � a z Levi D.Cox, .L.S.7930 * �.5.No.7s3o �r My license expires 12/31/07. �, £KP•1z�3��o7 Q �'T P�` F pfi �p,��F� H 1PDATA�20100626WdrtinUegals16261G1001.doc , ,.. /NDICATES R.O.{✓. FOR SCA�E: t"=2o0' ;-',%�.�;,;, GERALD FORD ORI VE �"��I �-" 2. 126 ACRES SEE SHEET 2 � � N � :� � � ����� C� � � �' ; 55'� 7s' r ��`��1'1�C)� �-�� L� � 8 � w �r����1� 1�� ; `` i 4 �I �. � ; q ���r����. � � �...� 20 � � � q � ' ` O `�° �, �; � o 7 6 � C/L PACIFIC AVENUL' S � - - � � � 5 � ^ � � "� � 19 � w� , �' . 15 � ,���� �q \ ��� . �1� � - ` � �� � ��1 � - � �' � � � ��r`f>>�' ��� � "�� a� � o � � V �r���� � ��r�/ �0 0l A w � z I ►a � � � �{"�i,� � r�l � � 3O � W q �, � .� r L� � � � � 3 Q� � �11• o o � t a Oi �' q tLi c.� � \ GRANT DEED � � �ni � 81 ' �� �C o � ,75� lNST. N0. 238527 � o g V � �� �o o, � RFC. 07/08/1997 0.R. d a \ �� Z J o � w o \ 68' �` 75' C� v z . � o °��_ � , r.P.0.B. o z 4 � �� PCL. 2 ¢� v ` �� ti, � � / � Z W �+ � Q � C��. � � � d ^ N � � � 1� SEE DETAIL RIGHT 16 w� Q o � � � � ol � � �. � � �. o ,-' � z Q o � ti � o � GRANT DEED �o �'� Q m �' : ° I � �. 81 ' INST. IJD. 476347 d'l ,,�c � o o � °� � "' 6 S' 7 5 I REC. 06/06/2003 0_R. z� �'� " � � N � � � Qzq � � .� — - - �� i ~ � m z � I �i 0 � � �? � � � C/L PORTOLA A VENUE � � I � � �E rA f� � nr.r.s � � � � x � �.. — / _ _ --- Z � ' < � � - - '�1�� C/L P4RTOLA SHEET 1 0= 3 SHEE TS 3 EXHIBlT �y�' AVENUE PUNNIHO O OGlION ■ CON�TqYC7tON � PLA7 70 aCCOMPANY A ■ ■ • ■ �a-aocouurmc�oaoreve.surrezoi � - LEGAL DESCRlPTION FOR PAUADESEAT.CALJFOFYJIA91260-1655 < RIGH7-OF-WAY DEOICATION, coNSULTINo �eoaaa>nn•FA%760,5�MS115.xwnneaco�, 4 REv: APRiL 3, 2006 DAiE: OCiOBER 10, 2405 JN: 20-i00626-001 � L S87'43'33"E (R) INDICATESR.O.{'i. FOR P.R.0 � � � GERALD FORD DRIVf PCL. 2 . � 2. 126 ACRES 1.98 AC. , • � •- . . � ...�— ` � � , �y`�,kg ` / � � � �1� ` 62/ � � Q �'� `' r�'��� S$7°43'33"E �R)J �r i� � �� . �;� ���' P.R,C — � � � � ,�O�h` p� �� SCAIE� t"=200' a � / �� ; � � , ��, �DO� Q� m tio � �� �A�' U � aRi o . , �y N y � � �-: o ,�� ,�,°��, � L� ��� ,�`ti/ GRANT DEED , L�� ; v INST. N0. 238527 / � REC. 07/08/1997 D.R. ��s• ' rrI R�CrL �� / � SS��S• i'�l kCrrL 1�/l�P l�lJ. :1/7�JJ � P,�il.�. �11/�:��7'S zo- � / / , � �, , � x �� f���l��rr� J � S � `� U � e \ . Z, ti � � a � 7 ; 6 C/L 1'ACIFIC A VENUE " � q 5 � . �5 t� � m , .1-J� � •� 3 r 1 � rl a J �n � �i('��'�1C�� '(G� x O . I r�r��{l `, f���/ i �1 ' �� � `1 �� m ✓ J 1 - ` ���,�{ f�' , � c �l� :'�' � f� j��' • ; � z a , � SHEET 2 OF 3 SHEETS � �� `, � , I EXH1�11� n✓� PLANNIN� ■ DESION ■ GpNlTRUCTION � � � � PIAT 70 ACCOMPANY A � - � , � I �4-po ca�rmtt aue oravE,surtE 2oi � L L E G A L D E S C R I P 7 10N FOR o • p P A L M D E6EM,CALFORNN92260-I655 F ISEE SHEET 1 RIGHT—OF—WAY DEDICA710N. coNsu�T�nio �eo�ae.�mi�FAX�soaaee�s• �,.rmF.��, < + REV: APRIL 3, 2��6 OATE. OCTOBER 10, 2005 JN: 20-100626-001 a t � INDICAT£5 R.0.fv. FOR SCA�E: t"=200 . � GE�RAL D FORD ORI VE � � ' ' Z. 126 �1CRES � "��° SEE DETAIL GRANT DEED BEL O�V JNST. N0. 2000-519899 - t / N22°47_32"E (R) REC. 12/29/2000 0.R. 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Z 0 � w I �/� �i NI �i DETAIL o� �n� N.r.s. �,� �� � N zl z1 : OATA TABLE "' NO BEARING/DELTA RADIUS LENGTH OATA TAB�E P 1 N89'Sfi'07"E -- 516.88' NO BEARiNG/DELTA RADiUS LENGTH � 2 N00'03'S3"W -- 81.00 12 N69'38'06"E -- 36.35 � 3 N89'S6 07�E -- 2049.92' i3 S22'47'32"W -- 26.27' s 4 N89'S6'07"E -- 393.60' 14 N00'03'S3"W -- 75.00' � 5 S47'20'S5"W -- 7.20' 15 N89'S6'�7"E -- 1533.04' � 6 N89 56'07"v+ -- 122.00' 16 N46'31'34'W -- 12.03' � 7 N47'25'23 V� -- 7.60' 17 18'50'09" 88.00' 28.93' G 8 S89'S6'07"ti4 -- 318.a3' 18 N89'S&'07"E -- 200.34' m s 9 N22'47'32��E -- 75.00' 19 09'31'10" 484.00' 80.42' � 1p 02'13'49" 925.00' 36.01' 20 09'31'10" 460.OQ' 76.43' a 11 01'38'41" 925.00' 26.55' ' 21 N22'47'32"E -- 20.01' � SHEET 3 OF 3 SHEETS t ` EXHIBtT "8�/n PUNN11J0 0 oLS10N ■ CON9Tp{lOTON � � o . PLAT 70 ACCOMPANY A �a-aocourrtnrcu,eome.surrt�oi LEGAL �ESCRIPTION FOR ' • • pu.UOEsem.cauFatanexxao-�ass � RIGH7-OF-WAY DEDICA710N. conlsu�rin�G �soa<e�aei•Fnx�eo.aae.a��s.�xar+�om < 0 REV. APRIL 3, "1006 DATE: OCIOBER 10, 2005 JN. 20-100626-001 � t ROAD IMPROVEMENT AGREEMENT THIS ROAD IlVIPROVEMENT AGREEMENT(this"Agreement") is entered into as of Decemher 12,.2�05, by and among PALM DESERT FIJNDING COMPANY, LP, a Delaware limited partnership("South Owner"),PALM DESERT NORTH 80, LLC, a California limited liability company("North Owner"), and the CITY OF PALM DESERT, a California municipal corporation("City"), with respect to the following: RECITALS: WI�REAS, South Owner is the owner of certain real property in the City of Palm Desert, County of Riverside, State of California, which property is located on the south side of Gerald Ford Drive as depicted on Exhibit A attached hereto and more particularly described on Exhibit B Attached hereto(the"South Property"). WHEREAS,North Owner is the owner of certain real property located in the City of Palm Desert, County of Riverside, State of California, which property is located on the north side of Gerald Ford Drive as depicted on Exhibit C attached hereto and more particularly described on E�ibit D attached hereto(the"North Property"). WHEREAS,Desert Wells 237, LLC, a California limited liability company("Desert Wells"), and Albor Properties III,L.P., a California limited partnership("Albor"), are owners of certain real property in the City of Palm Desert, County of Riverside, State of California, which property is located on the south side of Gerald Ford Drive as depicted on Exhibit A attached hereto and more particularly described on Exhibit I attached hereto(the"DW/AB Property"). WHEREAS, South Owner has options to purchase, among other things, the DW/AB Property from Desert Wells and Albor pursuant to(a)that certain Option Agreement dated as of June 23, 2005, executed by South Owner and Desert Wells(the"DW Option"), and(b)that certain Option Agreement dated as of June 23, 2005, executed by South Owner and Albor(the "AB Option" and together with the DW Option, the"Option Agreements"). WHEREAS, South Owner intends to purchase the DW/AB Property pursuant to the Option Agreements, with the closing thereof projected to occur in early 2006(the"Closing"). WHEREAS, in connection with South Owner's proposed development of the South Property(the"South Development"), City is requiring South Owner to widen and otherwise improve the south side of Gerald Ford Drive along the portion thereofthat is contiguous with the South Property(the"South Improvements"). WHEREAS, in connection with the South Development and at the request of South Owner, City has commenced proceedings to form a community facilities district("CFD")pursuant to the Mello-Roos Community Facilities Act of 1982 (California Government Code Sections 53311, et seq.) (the "Act"), affecting the South Property (the"South CFD"), and if the South CFD is formed, the special taxes to be levied by the South CFD would to be used to secure bonds expected to be issued by the South CFD, the proceeds of which would, in part, to pay for the South Improvements. 854782.9 WHEREAS,North Owner intends to develop the North Property(the"North Development"), and acknowledges that the North Development will require the widening of, and other improvements to, the north side of Gerald Ford Drive along the portion thereof that is contiguous with the North Property(the"North Improvements"). WI�REAS, City desires, in order to minimize traffic interruptions and other construction impacts along the portion of Gerald Ford Drive bordered by the South Property and the North Property, that the South Improvements and the North Improvements be constructed and completed concurrently. WHEREAS, notwithstanding the fact that(a)the North Development is not imminent; (b)a CFD encumbering the North Property(the"North CFD")has not been formed to provide funds to pay for, among other things,the North Improvements; and(c)funds of the South CFD are not, and will not be, available to pay for the North Improvements,North Owner has agreed to pay for the North Improvements and South Owner has agreed to construct the same concunently, and in connection,with its construction of the South Improvements, upon the terms, and subject to the conditions, set forth herein. AGREEMENT: NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt and suffciency of which are hereby acknowledged, the parties hereto agree as follows: 1. Inco oration. The preamble and recitals of, and the exhibits attached to,this Agreement are hereby incorporated into, and made a part of, this Agreement. 2. Obli�ations of South Owner. South Owner shall: 2.1 Complete the design of, and plans and specification for,the North Improvements and the South Improvements(collectively, the"Improvements")as provided in Section 4. 2.2 Provide North Owner with the opportunity to review and approve the design of, and plans and specifications for, the North Improvements prior to the submission thereof for approval by City. 2.3 Once approved by North Owner in accordance with Section 2.2, which approval shall not be unreasonably withheld, process the design of, and plans and specification for, the Improvements for approval by City and any other applicable governmental entities in order to obtain all permits necessary for the construction of the Improvements(the"Permits"). 2.4 Once the design of, and plans and specifications for, the Improvements have been approved by City and any other applicable governmental entities(the"Improvement Plans") and the Permits have been obtained, provide a copy of the Improvement Plans and the Permits to North Owner. 854782.9 2 � 2.5 Complete materials to solicit bids from contractors to construct the Improvements in accordance with the Improvement Plans and the Permits(the"Improvement Work"). 2.6 Provide North Owner with the opportunity to review and approve all bid materials for the Improvement Work prior to the issuance thereof. 2.7 Once approved by North Owner, issue all bid materials for the Improvement Work and provide North Owner with a copy of each bid received in response thereto. 2.8 Provide North Owner with the opportunity to review and approve all contracts for the performance of the Improvement Work prior to the execution thereof. 2.9 Once approved by North Owner, execute and enforce all contracts for the performance of the Improvement Work(the"Improvement Contracts"). 2.10 After the formation of the South CFD by the City Council of City(the"City Council"), but prior to the(a)adoption by the City Council of an ordinance authorizing the levy of special taxes within the South CFD(the"Ordinance") and(b)commencement of the construction of the North Improvements(the"Pre-Ordinance Period"), obtain and deliver(or cause to be obtained and delivered)to City a performance bond(at North Owner's cost and expense as set forth in Section 3.2 and subject to Section 3.4)in the amount of Two Million Dollazs($2,000,000)for the construction of the North Improvements(the"Performance Bond"), issued by a company and in a form reasonably acceptable to, and for the benefit of, City; provided, however, that after the City Council's adoption of the Ordinance and after the execution of the Improvement Contracts for the construction of the North Improvements, South Owner may obtain and deliver to City, and City shall accept, a replacement performance bond(the"Replacement Performance Bond") issued by a company and in a form reasonably acceptable to, and for the benefit of, City and in an amount equal to the value of the Improvement Contracts for the construction of the North Improvements (the"North Improvements Costs"). Promptly after its receipt of the Replacement Performance Bond, City shall return the Performance Bond to South Owner. In addition, ifthe South CFD does not issue bonds by December 31, 2006, City shall promptly thereafter return the Performance Bond or the Replacement Performance Bond, as applicable, to South Owner. Promptly after the North Improvements have been completed in a lien-free manner and otherwise in accordance with this Agreement and the"License" (as defined below), City shall return the Performance Bond or the Replacement Performance Bond, as applicable, to South Owner to the extent the same was not used therefor. South Owner and North Owner represent to City that the current estimate of the North Improvements Costs(excluding contingency and management fees) is One Million Four Hundred Forty-Six Thousand Eight Hundred Twenty-One Dollaxs ($1,446,821) as shown in Exhibit E attached hereto, and that the amount of the Performance Bond is therefore expected to be adequate to cover North Improvements Costs as well contingency and management fees. 2.11 Prior to the commencement of the construction of the North Improvements, deliver to North Owner a Temporary Access and Construction License in substantially the form attached hereto as Exhibit F(the"License"), executed by South Owner. 854782.9 3 2.12 Provide North Owner(promptly after South Owner's receipt of the following)with(a)an invoice for the premium for the Performance Bond and Replacement Performance Bond(if applicable); (b) all invoices for the preparation of the Improvement Plans and issued pursuant to the Improvement Contracts in connection with the design and construction, respectively, of the North Improvements; and(c)paid receipts for the Permits obtained for the North Improvements. 2.13 Complete the Improvement Work within nine(9)months following the later of (a)issuance of the bonds by the South CFD;or(b)issuance of the Improvement Plans (provided, however,that if the issuance ofthe Improvement Plans is unreasonably delayed by South Owner, then the Improvement Work shall be completed within nine(9) months following the date reasonably determined by City that the Improvement Plans could have been issued but for such unreasonable delay by South Owner). 3. Obli�?ations of North Owner. North Owner shall: 3.1 During the Pre-Ordinance Period, deliver to City an Irrevocable Offer of Dedication in substantially the form attached hereto as Exhibit G(the "Offer"), executed by North Owner together with either of the following, at North Owner's discretion: (a) from the holder of any monetary lien encumbering the North Property, an executed and acknowledged Consent and Subordination (the form of which is attached to the Offer) for the purpose of subordinating any monetary lien encumbering the North Property, or(b) reasonable assurances from Stewart Title of California, Inc. that title to the property that is subject to the Offer will be conveyed to City free and clear of any monetary liens. Notwithstanding the foregoing, City shall not record or accept the Offer until the issuance of bonds by the South CFD, and City shall promptly and unconditionally return the Offer to North Owner and release North Owner from all obligations thereunder if the South CFD does not issue bonds by December 31, 2006. 3.2 In the event South Owner and/or its contractor for the North Improvements is unable to obtain and deliver the Performance Bond pursuant to Section 2.10, and South Owner provides written notification to North Owner thereof, deliver, or cause to be delivered, the Performance Bond within a reasonable time following its receipt of such notice. 3.3 Within ten(10) business days after South Owner provides any materials described in Sections 2.2, 2.5 and 2. 7, provide South Owner with a reasonably deta.iled description of any aspect thereof that is not reasonably acceptable to North Owner(an"Unacceptable Notice"); provided, however, that North Owner shall be deemed to have approved any such materials for which an Unacceptable Notice is not provided and all other aspects of any such materials that are not described in detail in an Unacceptable Notice; provided further, however, that North Owner shall be deemed to have approved any such materials for which an Unacceptable Notice is provided if such materials are revised to eliminate the aspects thereof that were not reasonably acceptable to North Owner as described in detail in the Unacceptable Notice. 3.4 Within twenty(20)business days after South Owner provides an invoice for the preparation of the Improvement Plans in connection with the design of the North Improvements or an invoice for the premium for the Performance Bond, pay the amount thereof directly to the party that issued the same, and provide evidence of such payment to South Owner. 854782.9 4 3.5 Within twenty(20)business days after South Owner provides a paid receipt for the Permits obtained for the North Improvements, reimburse South Owner for the amount thereof. 3.6 Reasonably cooperate with South Owner in the process of obtaining the Improvement Plans and the Permits. 3.7 Prior to the commencement of the construction of the North Improvements, deliver to South Owner the License executed by North Owner. 3.8 After(a)the earlier of Closing or March 15, 2006, and(b)North Owner's receipt of the Improvement Contracts, and prior to the commencement of the construction of the North Improvements, deposit cash or a letter of credit in an amount not less than the North Improvements Cost into the"North Improvements Account"(as defined below), and provide evidence of such deposit to South Owner and City. 4. Improvement Plans. South Owner shall direct RBF Consulting ("RBF") to prepare the design of, and plans and specification for, the Improvements,which shall include the following: (a) engineering plans and specifications; (b) grading plans; (c) drainage plans; (d) geology and soils reports; and (e) environmental mitigation and remediation plans, if required by law, regulation or any Governmental authority; provided, however, that North Owner and/or South Owner shall not be required to use its or their, as applicable, property to mitigate or remediate environmental matters occurring on any other property). South Owner shall also direct RBF to prepare a time schedule for the completion of the Improvement Plans and the completion of the Improvement Work based upon the Improvement Plans, which shall include the following: (i)the anticipated date for obtaining the Improvement Plans and the Permits (including the anticipated dates for completion and approval of any environmental impact report, assessment or declaration required by law); and (ii)the anticipated date for completion of each major item of construction in connection with the Improvement Work(including the anticipated date for remediation(including re-seeding and re-vegetation) of the South Property and the North Property); provided, however, that the Improvement Plans shall not require any re- seeding, re-revegetation or other landscaping or landscaping-related work north of the northern sidewalk of Gerald Ford Drive. South Owner shall also direct RBF to process modifications of the foregoing in order to incorporate comments from South Owner and North Owner, and other changes required by City, in order to obtain the Improvement Plans and the Permits. 5. Bank Account. South Owner shall open a deposit account with Rabobank in Palm Desert, California(the"North Improvements Account"), into which North Owner shall deposit cash or a letter of credit as provided in Section 3.8. For tax purposes, any interest that accrues on the funds in the North Improvements Account shall be credited to North Owner; provided, however, that any such interest shall remain, and become part of the funds, in the North Improvements Account. The funds in the North Improvements Account shall be used exclusively to pay for the North Improvements; provided, however,that any funds remaining in the North Improvements Account after City accepts the Offer shall be immediately returned to North Owner without the necessity of any other action by any other party. In the event North Owner does not, within twenty (20)business days after receipt from South Owner of an invoice issued pursuant to the Improvement Contracts in connection with the construction of the North Improvements, provide 854782.9 5 South Owner with evidence that it has paid such invoice directly to the party that issued the same from the funds in the North Improvements Account(or otherwise), then South Owner shall have the right to pay such invoice directly to the party that issued the same from the funds in the North Improvements Account. 6. Pavment and Reimbursement of Costs. All costs and expenses incurred in connection with the North Improvements, including the North Improvements Costs, shall be the sole responsibility of North Owner; provided, however, that City acknowledges and agrees that such costs and expenses will be taken into account in the formulation and establishment of the North CFD (the"Reimbursable Costs and Expenses"). 6.1 South Owner shall construct, and North Owner shall permit South Owner to construct, the North Improvements as if they had been constructed under the direction and supervision or under the authority of City. City's acceptance of title to the North Improvements shall be deemed City's acceptance of an advance of a work in-kind pursuant to Section 53314.9 of the Act. To that end, and in connection with the construction of the North Improvements, South Owner agrees to comply with(a) all public bidding and contracting requirements of City as described in Exhibit H attached hereto and California Government Code Sections 3300, 3400, 6109, and 6610; (b)the provisions of California Labor Code Sections 1720, et seq. with respect to the payment of prevailing wages, and (c) all payment bonding requirements of the California Civil Code, including providing a payment bond in conformity with California Civil Code Sections 3247 and 3248 (the"Payment Bonds"). Provided that (i) fifteen (15) days have passed after the later of(1)the expiration of the applicable statutory period in which any person or entity may bring suit against the Payment Bonds as set forth in California Civil Code Sections 3239 or 3249, or(2)the expiration of the applicable statutory period in which any person or entity may record a lien in connection with the North Improvements pursuant to California Civil Code Sections 3115 or 3116, and (ii) no such suit or lien has been filed at such time, City shall deliver to South Owner, promptly after City's receipt of a request from South Owner, a letter confirming that the Payment Bonds are no longer required to be maintained in full force and effect. 6.2 If the North CFD is formed and issues bonds, City shall cause the North CFD to reimburse North Owner for the Reimbursable Costs and Expenses from the proceeds of such bonds that are deposited in a project or construction fund (regardless of the name of such fund), but only to the extent (a) such proceeds are available and (b)the Reimbursable Costs and Expenses are reimbursable therefrom, it being acknowledged and agreed by North Owner and South Owner that the proceeds of bonds issued by the South CFD may not be used to reimburse North Owner for the Reimbursable Costs and Expenses to the extent the same were incurred pursuant to an Improvement Contract with a person or entity affiliated or otherwise related to North Owner or South Owner. Pursuant to Section 53314.9 of the Act, North Owner and South Owner acknowledge and agree that City's agreement to cause the North CFD to reimburse North Owner for the Reimbursable Costs and Expenses pursuant to this Section 6 does not, and shall not, constitute a debt or liability of City. 6.3 Pursuant to Section 53314.9 of the Act, if(a) any funds are advanced by North Owner directly to City for the construction of the North Improvements (the"Advanced Funds") and (b)the qualified electors of the North CFD do not approve (i) the proposed special 854782.9 6 tax to be levied within the North CFD or(ii) a change in such special tax required to finance the North Improvements, then City shall return the Advanced Funds to North Owner to the extent the same have not been used by City to pay for the construction of the North Improvements by the time of the corresponding election. Notwithstanding the foregoing, North Owner and South Owner acknowledge and agree that no Advanced Funds are required or contemplated by this Agreement. 7. Insurance. South Owner shall not commence construction of the Improvements until it has provided evidence, in form and substance satisfactory to the City's Risk Manager, that it has secured all insurance required under this section. Prior to the commencement of the construction of the Improvements, and all times while the Improvement Work is being performed, South Owner shall maintain, or cause"Contractor" (as defined below) to maintain, the following insurance: 7.1 Workers' Compensation Insurance— complying with all applicable statutory requirements; and Employers' Liability Insurance— minimum limit of$1,000,000 per occurrence; both coverages to apply to liability as applicable under any state or federal statute or through any common law process. 7.2 Business Automobile Liability Insurance (including owned, non-owned and hired vehicles) — combined bodily/personal injury, death and property damage— minimum limit of$1,000,000 per occurrence. 7.3 Commercial General Liability Insurance (including contractual coverage) —combined bodily/personal injury, death and property damage— minimum limit of$2,000,000 per occunence. 7.4 Professional Liability Insurance—errors and omissions liability insurance to be procured and maintained by RBF and any other engineers or design professionals with respect to the Improvement Work, for a period of five(5)years following completion of the applicable Improvement Contract—minimum limit of$1,000,000 per occurrence. 7.5 All policies of insurance obtained pursuant to this Section 7 shall (a)be issued by a company authorized to do business in the State of California with a minimum "Best's Insurance Guide rating of"A-:VI;" (b) name North Owner as an additional insured; (c)name City and the South CFD as additional insureds, and, if obtainable after the South Owner's use of commercially reasonable efforts, the respective consultants of City and the South CFD, and each of their directors, boardmembers, councilmembers, of�icers, of�icials, employees, agents, and volunteers(including independent contractors who serve as City's or South CFD's officer or officials) (collectively, the "City Personnel") as additional insureds; (d) provide that the insurance therein is primary and not in excess of, or contributory with, other insurance held by North Owner and/or City; (e) include an endorsement to City eliminating any deductibles or self- insured retentions relating to City, the South CFD, and, if named as additional insureds pursuant to Section 7.5(c), City Personnel; (� contain a waiver of subrogation in favor City, the South CFD, and, if named as additional insureds pursuant to Section 7.5(cl, City Personnel, with respect to coverage for workers' compensation and employers' liability; (g) contain a provision providing that such insurance shall not be suspended, voided, reduced, materially changed, or 854782.9 � cancelled without thirty(30) days' prior written notice by certified mail, return receipt requested, to North Owner, City, and the South CFD; and (h) contain a provision providing that any failure to comply with reporting or other provisions of the policy, including breaches of warranties, shall not affect coverage provided to City, the South CFD, and, if named as additional insureds pursuant to Section 7.5(c), City Personnel; provided, if after the use of commercially reasonable efforts, South Owner is not able to obtain a policy of insurance required hereunder naming the City Personnel as additional insureds, upon City's request, South Owner shall provide City with documentation satisfactory to the City's Risk Manager evidencing South Owner's efforts to obtain the same. 8. Indemnitv. South Owner agrees to indemnify, defend (with counsel reasonably approved by North Owner, City and the South CFD, as applicable) and hold harmless North Owner and its members, partners and their members, partners shareholders, partners, officers, employees and agents(collectively, the "North Owner Parties") and City, the South CFD, and their respective consultants, and each of their directors, boardmembers, councilmembers, officers, officials, employees, agents, and volunteers (including independent contractors who serve as City's or South CFD's officer or officials) (collectively, the"City Indemnified Parties"), from any claim, cause of action, demand, cost, expense, loss, damage, penalty or fine incurred in connection with the Improvement Work and/or arising from the obligations of South Owner hereunder, except to the extent that the same are caused by the gross negligence or willful misconduct of the North Owner Parties or the City Indemnified Parties. North Owner agrees to indemnify, defend (with counsel reasonably approved by City and the South CFD, as applicable) and hold harmless the City Indemnified Parties, from any claim, cause of action, demand, cost, expense, loss, damage, penalty or fine arising solely from the failure of North Owner to perform, wholly or in part, its obligations hereunder, except to the extent that the same are caused by the gross negligence or willful misconduct of the City Indemnified Parties. The foregoing indemnification obligations shall survive until such time as all such potential claims, causes of action, demands, costs, expenses, losses, damages, penalties or fines shall have been barred by applicable statutes of limitations. 9. No Obli�ation to Form South CFD or North CFD. North Owner and South Owner acknowledge and agree that the decisions of the City Council to form the South CFD and/or the North CFD, to include any particular improvement or facility among the improvements and facilities to be financed by the South CFD or the North CFD, or to cause the South CFD or the North CFD to issue bonds, is a legislative action, and City may not enter into an agreement to obligate the City Council to exercise its legislative discretion in a particular manner or for a particular result. This Agreement does not, therefore, in any way create a contractual, legal or equitable obligation of, or commitment by, City to approve the formation of the South CFD and/or the North CFD, to cause the South CFD or the North CFD to issue bonds, or to construct, or cause the construction of, any improvements or facilities, including the Improvements. Nothing contained herein shall be deemed to limit the discretion of City in that regard, and City shall have no liability to South Owner or North Owner if the South CFD or the North CFD is not formed, if the special taxes or bonds thereof are not authorized by the qualified electors within the South CFD or the North CFD or if bonds are not issued by the South CFD or the North CFD. 854782.9 8 10. Miscellaneous. 10.1 Term. This Agreement shall automatically terminate upon the earlier of (a)the third (3�d) anniversary of the date hereof or(b)within 30 days after the completion of the Improvement Work as such completion may be evidenced by, among other things, a Notice of Completion from the City. 10.2 Successors and Assigns. This Agreement shall bind and inure to the benefit of the parties and their respective successors and assigns; provided, however, that South Owner shall not have the right to assign its rights or obligations hereunder without the consent of North Owner, which shall not be unreasonably withheld, delayed or conditioned; provided further, however, that South Owner may, without the consent of North Owner, hire one or more third-party contractors to perform all or a portion of the Improvement Work("Contractor"). North Owner and South Owner acknowledge that City is a party to this Agreement and agree that as such, City shall have the right to enforce the rights and obligations of North Owner and South Owner hereunder. 10.3 Notices. Any notice, request, direction, demand, consent, waiver, approval or other communication required or permitted to be given hereunder shall not be effective unless it is given in writing and shall be delivered (a) in person, (b)by certified mail, postage prepaid, return receipt requested, (c) by facsimile, or(d)by a commercial overnight courier that guarantees next day delivery and provides a receipt, and addressed to the parties at the addresses stated below, or at such other address as either party may hereafter notify the other in writing as aforementioned: To North Owner: Palm Desert North 80, LLC 5005 Calle San Raphael, Suite B-1 Palm Springs, California 92264 Attention: Mr. Michael Marix Facsimile: (760) 778-4417 With a copy to: Reed Smith LLP 355 South Grand Avenue, Suite 2900 Los Angeles, California 90071 Attention: Thomas L. Harnsberger, Esq. Facsimile: (213) 457-8080 To South Owner: Palm Desert Funding Company, LLC c/o Hover Development Company, Inc. 3 Civic Plaza, Suite 215 Newport Beach, California 92660 Attention: Mr. Tom Hover Facsimile: (949) 644-7620 854782.9 9 With a copy to: Law Offices of Kent G. Snyder 2212 Dupont Drive, Suite B Irvine, California 92612 Attention: Kent G. Snyder, Esq. Facsimile: (949) 833-8209 To City: City of Palm Desert 73510 Fred Waring Drive Palm Desert, California 92260 Attention: City Manager Facsimile: With a copy to: Richards, Watson& Gershon 355 South Grand Avenue, 40�'Floor Los Angeles, California 90071-3101 Attention: Owen P. Gross, Esq. Facsimile: (213) 626-0078 Service of any such notice or other communications so made shall be deemed effective on the day of actual delivery(whether accepted or refused)as evidenced by confirmed answerback if by facsimile(provided that if any notice or other communication to be delivered by facsimile is unable to be transmitted because of a problem affecting the receiving party's facsimile machine,the deadline for receiving such notice or other communication sha11 be extended through the next business day), as shown by the addressee's return receipt if by certified mail, and as confirmed by the courier service if by courier; provided, however, that if such actual delivery occurs after 5:00 p.m. (local time where received)or on a non business day, then such notice or demand so made shall be deemed effective on the first business day following the day of actual delivery. No communications via electronic mail shall be effective to give any notice, request, direction, demand, consent, waiver, approval or other communications hereunder. 10.4 Interpretation. All section headings are inserted for convenience only and shall have no effect on the construction or interpretation of this Agreement. The neuter gender includes the feminine and masculine, and singular numbers include plural numbers. Each party acknowledges that such party and its counsel, after negotiation and consultation, have reviewed and revised this Agreement. As such, the terms of this Agreement shall be fairly construed and the usual rule of construction, to the effect that any ambiguities herein should be resolved against the drafting party, shall not be employed in the interpretation of this Agreement. The words "shall" and "will" are interchangeable, each imposing a mandatory obligation on the party to whom such verb applies. The words"herein," "hereof," "hereunder," "hereby," "this Agreement" and other similar references shall be construed to mean and include this Agreement and all amendments and supplements hereto unless the context shall clearly indicate or require otherwise. Whenever the words "including," "include" or"includes" are used in this Agreement, they shall be interpreted in a non-exclusive manner. Except as otherwise indicated, all exhibit and section references in this Agreement shall be deemed to refer to the exhibits of and sections in this Agreement. 854782.9 10 10.5 Partial Invaliditv. Each and every provision of this Agreement is, and shall be construed to be, a separate and independent covenant and agreement. If any provision of this Agreement, or the application thereof, shall to any extent be held to be invalid or unenforceable, the remainder of this Agreement, or the application of such provision to circumstances other than those to which it is invalid or unenforceable, shall not be affected hereby, and each provision of this Agreement shall be valid and shall be enforced to the extent permitted by law. 10.6 A�plicable Law: Attornevs' Fees. The laws of the State of California shall govern the interpretation and enforcement of this Agreement. Should a legal action be brought by a party by reason of a default hereunder or to enforce any provision hereof, the prevailing party in such action shall be entitled to reasonable attorneys' fees, court costs, and other litigation expenses including expenses incurred for preparation and discovery. The entitlement to recover such fees, costs and expenses shall accrue upon the commencement of the action regardless of whether the action is prosecuted to final judgment. 10.7 Further Assurances. The parties shall execute and deliver any and all additional documents and other assurances, and shall do any and all other acts and things, reasonably necessary to carry out the purposes of, and the intent of the parties under, this Agreement. 10.8 Modifications. All modifications of, or amendments to, this Agreement shall be in writing and signed by the parties. 10.9 Prior Agreements. This Agreement contains all of the agreements of the parties with respect to the transaction contemplated hereby, and no prior agreements, including that certain Road Improvement Agreement dated October 3, 2005, executed by South Owner and North Owner(which shall be deemed terminated and of no further force or effect and otherwise superseded in its entirety by this Agreement), or understandings pertaining to any such transaction shall be effective for any purpose. 10.10 Counterparts. This Agreement may be executed in any number of counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, taken together, shall be deemed to be one and the same instrument. 10.11 Arbitration of Dis utes. ANY DISPUTE IINDER THIS AGREEMENT SHALL BE BROUGHT IN RIVERSIDE COUNTY, CALIFORNIA, AND SHALL BE DECIDED BY BINDING ARBITRATION IN ACCORDANCE WITH THE ARBITRATION RULES OF THE JUDICIAL ARBITRATION AND MEDIATION SERVICES ("JAMS") BEFORE AN ARBITRATOR SELECTED FROM THE RETIRED JUDGES PANEL OF THE ARBITRATORS OF JAMS. IN ADDITION TO THE JAMS RULES, TI�PARTIES AGREE THAT THIS AGREEMENT SHALL BE SUBJECT TO THE DISCOVERY PROVISIONS OF THE CALIFORIVIA CODE OF CIVII.,PROCEDURE ("CCP"), INCLUDING CCP SECTION 1283.05. THE FEE PAYABLE TO JAMS TO I1�IITIATE THE ARBITRATION SHALL BE REMITTED BY THE REQUESTING PARTY;PROVIDED, HOWEVER, THAT THE COSTS OF ARBITRATION SHALL ULTIMATELY BE BORNE AS DETERMINED BY THE ARBITRATOR. THE PARTIES AGREE THAT THE DETERMINATION OF THE 854782.9 11 ARBITRATOR AND AWARD, IF ANY, MAY BE ENTERED WITH ANY COURT HAVING JURISDICTION AND THE DETERMINATION AND AWARD, IF ANY, MAY THEN BE ENFORCED AMONG THE PARTlES,WITHOUT FURTHER EVIDENTIARY PROCEEDINGS, AS IF ENTERED BY A COURT AT THE CONCLUSION OF A JUDICIAL PROCEEDING IN WHICH NO APPEAL WAS TAKEN. � NOTICE: BY II�IITIALING IN THE SPACE BELOW THE PARTIES ARE AGREEING TO HAVE ANY DISPUTE UNDER THIS AGREEMENT DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY CALIFORNIA LAW AND THE PARTIES ARR GIVING UP ANY RIGHTS THEY MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL. BY lI�TITIALING IN THE SPACE BELOW THE PARTIES ARE GIVING UP THEIR JUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS SUCH RIGHTS ARE SPECIFICALLY INCLUDED IN THIS AGREEMENT. IF A PARTY REFUSE TCJ SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, SUCH PARTY MA.Y BE COMPELLED TO ARBITR.ATE UNDER THE AUTHORITY O� THE CCP. THE PARTIES AGREEMENT TO THIS ARBITRATION PROVISION IS VO�,UNTARY. . THE PARTIES HAVE READ AND UNDERSTAND TI�FOREGOING AND AGREE TO SUBMIT DISPUTES A UNDER T�IIS AGREEMENT TO NEUTRAL ARBITRATION BY PLACING THEIR I1�1ITI S HER�; South North City wner Owner [This Space Intentionally Left Blank; Signatures Begin On The Next Page] 854782.9 12 DEC-22-2005 THU 07;36 AM CORNERSTONE INVESTORS FAX N0, 760 778 4417 P, ll ARBITRATOIt AND AWAR�,IF ANX,MAY BE ENT�RED WtTH ANY CQURT HAVLNC3 JURISDICTI4N AND�DETERMINATION AND AWARU,IF'ANY,MAY THEN BE ENFpItCED AMON4 TH��AR'fffiS>Wl?HOUT�FURTHER EVIDENTIARY PROCBBDiNGS, AS IF EN'�'ERED BY A COUR'�AT THE CONCLUSION OF A JUD�CIAI- PR4CEEDING 1N W�IICH NO APPEAL WAS TAKEN. NO'�ICB: BY TNZTIALIN'(�IN rHE SPACE BELOW THE PARTIES ARE AGREEING TO HA'VE ANY 17ISPUTE UNDETi THI5 ACrREEMENT DECIDET7 AY NEUTR.AL ARBI'TRA'TION AS PROVIDED BY CALIFORN[A LAW AND THG PARTITS ARE GIVINGr U�'ANY RTGHTS THEY MIG�'IT POSSESS T4 IIAVE TI�DTSPUTE L1TIGATEA 1N A COURT�OR 1URY TRlA1... BY 1r1iTl.A.L1NG 1N THL SPAC�BELOW THE PARTIES ARE GNING UP TI�L1R JUDICIAI.RIC�HTS TO D�SCOVERY ANU Al'PEAL, UNL�SS SUCH RiGHTS AR�SPEClF1CALLY 1NCLUDEJ�1N TH1S pGREEMEI�T', IF p pARTY REFUSE Ta SUBNIIT TO ARBITRATION AFTEYt AGREEING T4 THIS PROVISION, SUCH 1'AR'I'Y�IAY B�COMPELLED TO AttBITRAT�UNDER THE AUTHORITY�P THE CCP• THE PARTJES AGREEMENT TO THYS ARBITRATION PROVISION IS VOLUN i'ARY, THE PA�tTIES HAVE RF,.AT)ANA UNDERSTAND'fi,�iE FORECyOTNC�ANA AGREE TO 5UBMTT DISPU'rES A UNDER'CI�IS AGREEl�NT T�NEUTRAL A�tBI'T'RATION BY PLACING THEIR YNTTIALS�IEERE: So�uth Narth City QvHner Owner [This Spacs Intentionally Left Blank; Signatures Begin�n The Nexc Page] 85a'�82.9 12 Facsirnile Received on 12/22/2005 7:59:96 AM ARBITRATOR AND AWARD, IF ANY, MAY BE ENTERED WITH ANY COURT HAVING NRISDICTION AND THE DETERMINATION AND AWARD, IF ANY, MAY THEN BE ENFORCED AMONG THE PARTIES, WITHOUT FURTHER EVIDENTIARY PROCEEDINGS, AS IF ENTERED BY A COURT AT THE CONCLUSION OF A JUDICIAL PROCEEDING IN WHICH NO APPEAL WAS TAKEN. � NOTICE: BY INITIALING 1N THE SPACE BELOW THE PARTIES ARE AGREEING TO HAVE ANY DISPUTE UNDER THIS AGREEMENT DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY CALIFORIVIA LAW AND THE PARTIES ARE GIVING UP ANY RIGHTS THEY MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL. BY INITIALING IN THE SPACE BELOW THE PARTIES ARE GIVING UP THEIR JUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS SUCH RIGHTS ARE SPECIFICALLY INCLUDED IN THIS AGREEMENT. IF A PARTY REFUSE TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, SUCH PARTY MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE CCP. THE PARTIES AGREEMENT TO THIS ARBITRATION PROVISION IS VOLUNTARY. . THE PARTIES HAVE READ AND iJNDERSTAND THE FOREGOING AND AGREE TO SUBMIT DISPUTES A UNDER THIS AGREEMENT TO NEUTRAL ARBITRATION BY PLACING THEIR INITIALS HERE: South North Owner Owner [This Space Intentionally Left Blank; Signatures Begin On The Next Page] 8547829 12 12/21/2005 17:26 9496447620 HOVER DEUELQPI�ENT PAGE 04/04 IN Wi?NESS WHEREOF, the parties hereto have executed this Road improvement Aareei�nent as of the date f rst written above. SUU'1�H OWNER: PALM DESERT FUNDING COMPANY,L.P., a Delawa��e � limited part»ership By: Palm Desert Funding Company,L.LC, a.Delaware limited liability company, its General Partner By: Palm esert Fundin�Company, Inc., a Delaw re corporation, its Mana�er By: �' omas I.Hover, Authorized A�ent NORT7�1 OWNER: PALM DESE.RT NORTH 80,LLC, a California limited liab'rlity company By: Cornerstone Desert Properties 1, LLC, a California limited liability company, its Manas�er. I3y: Marix Family Limited Partnership, a Delaware limited Partnership, its.Manager By: Marix Family Trust U/D/T dated as of October 12,2002, as amended, its General Partner By: Michael S. Marix, Trustee (Signatures Continue On The Next Page] s>a�sz.� 13 Facsimile Received on 12/21/2005 4 :25:03 PM DEC-22-2005 THU 07;37 AM CORNERSTONE INVESTORS FAX N0, 760 778 4417 P, 12 Il�WI'�'NESS VVHER�4F,the parties hergto have executed this Road Improvement Agreement as of the date first writ�en above. � SDU"TH OWNER: 1'ALM ABSERT FUNDING COMPANY,L.P., a Delaware limited partnership ay; Palm Deserc�unding Company,LLC,a Delaware limited liabitiry campany,its Genet�al Partnar By: Palm Desert�inding Campany,Inc.,a Dolaware c�orporation,its Manager Hy: � � Thomas I,Hover,Authorited Agent NORTH OWNER: I'AGM UESERT N'ORTH.80,LLC,a Califomia limited 1i�bility comp$ny $y: Comerstone Das�rt Propartits Y,I.LC,a Califomia limited liability company,its Manager. By; Marix Family Limited Partnetship,a Delaware limited Partnership,its Managar By; Marix Family Trust U/D/T dated as of October 12,2002, as amended,its Gen�r�al Ptutner � / By: Mi iael .Marix, rustce �� �� �� [Signatures Cotuinue On The Next riage] ssam.9 13 Facsimile Received on 12/22/2005 7:59:46 AM [Signatures Continued From The Previous Page] CITY: CITY OF PALM DESERT, a California municipal corporation � By: Name: Jim er so Its: � o ATTEST: City Clerk APPROVED TO FORM: City ome 0 854782.9 14 EXHIBIT A DEPICTION OF SOUTH PROPERTY (See Attached) 854782.9 A-1 T EXCEPTION PCL o --1 l `° —� _. _ �� ^ =�" — '� - � � L ' / ` `� J ;� 3 ..,\\ � Q 4 �. � � I / .� � � � 5 � � _M ^ �/ 6 `�� \ �n ^ o� 7 v�°j��V �! .__..g �' �i ;�i�� �s�eEAc.9 \, 39' 2� .oo �,� �Rl�� 8 2/ \� � � � � \ \ t38�� / 9 14 \ -' � � —P.M. N0. I 31730 28 £AST-If�ST QUARTER � �� P.M.B. 21 ��6',j—JS � SECT!l,�V L IME V i `\ �.7 �\ r. �� \ . � ��� I �A9� 12 �� ���. _�J �i� o/Q" \ � \ � 13 ��¢ � Q-��\ �- iv I 00 �¢ / 'L vr�� 'n , � 15 a'��G ,n a, �1� ,�./ . �----,� � � EXCEPTION PARCE� ��`' tis ,�o�Q o� N 171.798 AC. �i�G' li ?/ � i z� � hi (L' V � 17 � � �� ���� Q ' , A�� 18 PARCEL 15 I '' � p6 h G' 19 11.459 AC. / � g �� ,�,�1���� `'%��/e � 2a21 ' � Z �'� ,�� 22 � � 23 � � I �c�c�?� �c)�� ��� � ��.1�1 ��`�� � ���y3 E� za / �'� 5 �` � J ��'��/ � R�� �� n 0 1� �``�'`,, � N53�ti6?4 W (_ � 1— ' � 25 r „ 27 �/j}/�f�pc C/L COLLECE DRIVE I � � SECTIAN 33 26 I � _.. i � S89 50'06"W 3132.42' � `� i P.O.C� C/L FR4NIf SIN,4TRA DRIVE ` �� � sw coR. � SEC. 33 ; � � � w c J _ LXHlBlT nBn � SHEET 1 OF 2 SNEETS : PtA7 TO ACCOMPANY A LEGA� PLANNING i DESIpN ■ DaNSTRUCTION g DFSCRIPTfON OF ADJUSTED � PARCELS 9 AND 15 OF � � � �a-am wc�rnr m � PA R C E L MA P 3173 0 pa�u oEs�rr,cauFORntn 9zx�o-aiw � C D N S U LTI N G �ao.aae.�aei • F,ax 7ea.�.ts.a�lg • ,r,r,.p�,�m Q DATE: AUGl.IST 2, 2005 JN: 20-100376-04 � r DATA TABLE NO BEARING/DELTA RADIUS LENGTH 1 N$9°54'28"E -- 311 . 19' 2 15°06'33" 1013,00' 267. 13' 3 S15° 12'05"E -- 95_73' a S32°01 '27"E -- 138.08' 5 S37°44'05"E -- 373.26 ' 6 31° 12' 78" 536.00' 291 .92' 7 S68°56'23"E -- 69.74' 8 48°23'S7" 534.00' 451 .08' 9 06° 12'44" 866.00' 93.89' 10 S41°55'34"E -- 49.31 ' 11 S3$°47'30"E -- 498.31 ' 12 S46°52' 11"E -- 259.34' 13 14°50'S5" 866.00' 224.43' 14 43°08'03" 434.00' 326.73' 15 62° 16' 13" 50.OQ' 54.34' 16 36°52'42" 484.00' 311 .53' 17 07°32'48" 1266.00' 166.75' 18 S42° 13'00"E -- 186. 14' 19 07°OS'33" 1066.00' 131 .96' 20 S25°01 'S6"E -- 74.98' 21 S31°06'49"E -- 61 .06' 22 27°47'21" 154.00' 74.69' 23 SS8°54' 10"E -- 106.28' 24 S53° 16'24"E -- 182. 10' 25 36°53'30" 600.00' 386.33' 26 S00°d9'S4"E -- 206.89' E 27 N45°OS'22"4Y -- 32.55' � zs sss°5� ' i2"w -- 50.00' � e � m x 0 u �' a N O k W 1D r n a s i A < � 2 SHEET 2 0� 2 SHEETS � ������� ��� pLANNINO ■ DE910N ■ CaN9TRUCTION g PLAT 74 ACCOMPANY A ZEGAL � DESCRfPTlON OF ADJUSTED o PARCELS 9 AND 15 OF � � � �a-aror�-nvnrm ° PARCEL MAP 31730 P�-��s��T.C�-�iNlq 9226o-at14 : C O N S U LT I N G 75o.yae.7ae� • FN(780.949.8315 - wwwABF.com Q DATE: AUGUST 2, 2005 JN: 20-100376-04 � x EXHIBIT B LEGAL DESCRIPTION OF SOUTH PROPERTY THAT CERTAIN PORTION OF LAND SITUATED IN THE CITY OF PALM DESERT, BEING ALL OF PARCEL 9 OF PARCEL MAP NO. 31730, FILED IN BOOK 211 PAGES 63 THROUGH 75, OF PARCEL MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFORIVIA; TOGETHER WITH ALL OF THAT LAND DESCRIBED IN A GRANT DEED TO THE PALM DESERT REDEVELOPMENT AGENCY RECORDED DECEMBER 9, 2002 AS INS"1 RUMENT NO. 02-734132 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, CALIFORr]IA; EXCEPTING THEREFROM THE FOLLOWING DESCRIBED PORTION OF LAND: THAT CERTAIN PORTION OF LAND SITUATED IN THE CITY OF PALM DESERT, BE1NG PORTIONS OF PARCELS 1, 2, 3 AND 5 AND ALL OF PARCEL 4 OF CERTIFICATE OF COMPLIANCE FOR PARCEL MAP WAIVER, p.M.W. NO. 99-11, RECORDED JANUARY 4, 2000 AS INSTRUMENT NO. 00-002896 OF OFFICIAL RECORDS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: CONIlV�NCING AT THE CENTERLINE INTERSECTION OF FRANK SINATRA DRIVE AND PORTOLA AVENUE, BE1NG THE SOUTHWEST CORNER OF SECTION 33, TOWNSHIP 4 SOUTH, RANGE 6 EAST, SAN BERNARDINO BASE AND MERIDIAN; THENCE NORTH 00°OS'32" WEST 3664.39 FEET ALONG'TI� CENTERLINE OF PORTOLA AVENUE, SAID LINE ALSO BEING THE WEST LINE OF SAID SECTION 33, TO THE TRUE POINT OF BEGINNING; THENCE LEAVING SAID CENTERLINE AND WEST LINE NORTH 89°54'28"EAST 311.19 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHERLY AND HAVING A RADIUS OF 1013 FEET; THENCE ALONG SAID CURVE EASTERLY 267.13 FEET THROUGH A CENTRAL ANGLE OF 15°06'33"; THENCE RADIALLY FROM SAID CURVE SOUTH 15°12'OS" EAST 95.73 FEET; THENCE SOUTH 32°O1'27"EAST 138.08 FEET; THENCE SOUTH 37°44'OS" EAST 373.26 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHEASTERLY AND HAVING A RADIUS OF 536 FEET; THENCE ALONG SAID CURVE SOUTHEASTERLY 291.92 FEET THROUGH A CENTRAL ANGLE OF 31°12'18"; THENCE TANGENT FROM SAID CURVE SOUTH 68°56'23" EAST 69.74 FEET TO A POINT ON A NON-TANGENT CURVE CONCAVE NORTHEASTERLY AND HAVING A RADIUS OF 534 FEET, A RADIAL LINE OF SAID CURVE FROM SAID PO1NT BEARS NORTH 80°00'S6" EAST; THENCE ALONG SAID CURVE SOUTHEASTERLY 451.08 FEET THROUGH A CENTRAL ANGLE OF 48°23'S7" TO A POINT OF REVERSE CURVATURE WITH A CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 866 FEET, A RADTAL LINE OF SAID CURVE FROM SAID POTNT BEARS SOUTH 31°36'S9" WEST; THENCE ALONG SAID CURVE SOUTHEASTERLY 93.89 FEET THROUGH A CENTRAL ANGLE OF 06°12'44"; THENCE NON-TANGENT FROM SAID CURVE SOUTH 41°55'34" EAST 49.31 FEET; THENCE SOUTH 38°47'30" EAST 854782.9 B-1 498.31 FEET; THENCE SOUTH 46°52'11" EAST 259.34 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADNS OF 866 FEET; THENCE ALONG SAID CURVE SOUTHEASTERLY 224.43 FEET THIZOUGH A CENTRAL ANGLE OF 14°50'S5" TO A POINT OF REVERSE CURVATURE WITH A CURVE CONCAVE NORTHEASTERLY AND HAVING A RADNS OF 434 FEET, A RADIAL L1NE OF SAID CURVE FROM SAID POINT BEARS NORTH 57°58'44" EAST; THENCE ALONG SAID CURVE SOUTHEASTERLY 326.73 FEET THROUGH A CENTRAL ANGLE OF 43°08'03" TO A POINT OF REVERSE CURVATURE WITH A CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADNS OF 50 FEET, A RADIAL LINE OF SAID CURVE FROM SAID POINT BEARS SOUTH 14°50'41" WEST; THENCE ALONG SAID CURVE SOUTHEASTERLY 54.34 FEET THROUGH A CENTRAL ANGLE OF 62°16'13" TO A POINT OF REVERSE CURVRTURE WITH A CURVE CONCAVE NORTHEASTERLY AND HAVING A RADIUS OF 484 FEET, A RADIAL LINE OF SAID CURVE FROM SAID POINT BEARS NORTH 77°06'S4" EAST; THENCE ALONG SAID CURVE SOUTHEASTERLY 311.53 FEET THROUGH CENTRAL ANGLE OF 36°52'42" TO A POINT OF REVERSE CURVATURE WITH A CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADNS OF 1266 FEET, A RADIAL LINE OF SAID CURVE FROM SAID POINT BEARS SOUTH 40°14'12" WEST; THENCE ALONG SAID CURVE SOUTHEASTERLY 166.75 FEET THROUGH A CENTRAL ANGLE OF 07°32'48"; THENCE TANGENT FROM SAID CURVE SOUTH 42°13'00" EAST 186.14 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 1066 FEET; THENCE ALONG SAID CURVE SOUTHEASTERLY 131.96 FEET THROUGH A CENTRAL ANGLE OF 07°OS'33", THENCE NON-TANGENT FROM SAID CURVE SOUTH 25°O1'S5 EAST 74.98 FEET; TI�NCE SOUTH 31°06'49" EAST 61.06 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHEASTERLY AND HAVING A RADIUS OF 154 FEET; TI-�NCE ALONG SAID CURVE SOUTHEASTERLY 74.69 FEET THROUGH A CENTRAL ANGLE OF 27°47'21" THENCE TANGENT FROM SAID CURVE SOUTH 58°54'10" EAST 106.28 FEET; THENCE SOUTH 53°16'24" EAST 182.10 FEET TO A POINT ON A NON-TANGENT CURVE CONCAVE SOU'THEASTERLY AND HAVING A RADIUS OF 600 FEET, A RADIAL LINE SAID CURVE FROM SAID POINT BEARS SOUTH 53°16'24" EAST, SAIL POINT ALSO BEING ON THE CENTERLINE OF COLLEGE DRIVE AS SHOWN ON AFOREMENTIONED PARCEL MAP 31730; THENCE ALONG SAID CENTERLINE OF COLLEGE DRIVE THROUGH THE FOLLOWING COURSES: SOUTHERLY ALONG LAST SAID CURVE, 386.33 FEET THROUGH A CENTRAL ANGLE OF 36°53'30"; THENCE TANGENT FROM SAID CURVE, SOUTH 00°09'S4" EAST 296.89 FEET TO A POINT ON A L1NE BEING PARALLEL WITH AND 50 FEET NORTHERLY FROM THE CENTERLINE OF SAID FRANK SINATRA DRIVE; THENCE LEAVING SAID CENTERLINE OF COLLEGE DRIVE, ALONG SAID PARALLEL LINE SOUTH 89°50'06" WEST 3132.42 FEET; THENCE LEAVING SAID PARALLEL LINE, NORTH 45°08'22" WEST 32.55 FEET TO A POINT ON THE EASTERLY RIGHT(S) OF WAY LINE OF PORTOLA AVENUE, SAID LINE BEING PARALLEL WITH AND 50 FEET EASTERLY FROM THE CENTERLINE OF SAID PORTOLA AVENUE; THENCE ALONG SAID PARALLEL L1NE NORTH 00°OS'32" WEST 2591.58 FEET TO THE EAST-WEST QUARTER SECTION LINE OF SAID SECTION 33; THENCE LEAVING SAID PARALLEL LINE SOUTH 89°51'12" WEST 50 FEET ALONG SAID QUARTER SECTION LINE TO THE WEST QUARTER CORNER OF SAID 854782.9 B-2 SECTION 33, SAID POINT ALSO BEING ON THE CENTERLINE OF SAID PORTOLA AVENUE; THENCE ALONG SAID WEST LINE OF SECTION 33 AND SAID CENTERLINE OF PORTOLA AVENUE, NORTH 00°OS'32" WEST 999.77 FEET TO THE PO1NT OF BEGINNING. SA.ID PROPERTY IS ALSO SHOWN AND SET FORTH AS EXHIBIT A, 1N THAT CERTAIN CERTIFICATE OF COMPLIANCE NO. OS-01, RECORDED AUGUST 24, 2005 AS INSTRUMENT NO. OS-696754 OF OFFICIAL RECORDS. PARCEL 15 OF PARCEL MAP NO. 31730, AS SHOWN BY MAP ON FILE IN BOOK 211 PAGES 63 THROUGH 75, OF PARCEL MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFOItNIA. 854782.9 B-3 EXHIBIT C DEPICTION OF NORTH PROPERTY (See Attached) 854782.9 ' C-1 C � I � �1 7 � � SCALE: 1"=400' � ti � � � I � I O I � � 1 � — � _...._.__...._.. U.--..__._ U_..._ � _.............._... _...............---.._...._._.____... _..__. -- Z -- --- ------... _... � � -- -- � � c�n '� - � I 1 y n � (.i p��A N n w ��w� D `N�W 7r'J� .Zl W�p � �O 5� � � W I I I 'D � D .Z1 n � m r m � o � / / N � / � � / W � O � J/ //' D % C7 ,Z7 /xY�/ m �1 ' ,lS. N / ! �.�...�����'�"_'.��� s / �//" / / � /� Z �� � � � a�3� i a jl A ^'��� � gNwm � r �`� D w\b� / m �\ � c�$ / m s O / �Z■ m �C■ / V� Z� 8� U � �_.___�.-- - / pZ ._..._.. ....._..._._...........�._...._.�... Y p � ._._...._._.._„ � G ° 2 .-� ' �€ � m "' `"'--�' �`� o � � � �� _ � �� / o�� a � � z $� � � � � _ , � � m � : . � EXHIBIT D LEGAL DESCRIPTION OF NORTH PROPERTY The land referred to herein is situated in the State of California, County of Riverside, City of PALM DESERT, described as follows: PARCEL B: IN THE CITY OF PALM DESERT, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, BEING A PORTION OF PARCEL 6 OF PARCEL MAP WAIVER 01-28, CERTIFICATE OF COMPLIANCE RECORDED SEPTEMBER 7, 2001 AS INSTRUMENT NO. 01-435770 OF OFFICIAL RECORDS, ALSO BEING IN THE SOUTH HALF OF SECTION 28 AND THE NORTH HALF OF SECTION 33, TOWNSHIP 4 SOUTH, RANGE 6 EAST, SAN BERNARDINO BASE AND MERIDIAN, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMIV�NCING AT THE NORTHWEST CORNER OF SAID PARCEL 6, SAID CORNER ALSO BE1NG THE WEST QUARTER CORNER OF SAID SECTION 28; THENCE SOUTH 00°l6'S9" EAST ALONG THE WESTERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 1576.95 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 89°43'Ol" EAST, A DISTANCE OF 680.87 FEET TO THE BEGINNING OF A 564 FOOT TANGENT CURVE, CONCAVE TO TI� SOUTH; THENCE EASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 35°44'37", AN ARC DISTANCE OF 351.85 FEET; TI�NCE TANGENT TO S.AID CURVE, SOUTH 54°32'22" EAST, A DISTANCE OF 778.97 FEET; TI�NCE SOUTH, A DISTANCE OF 437.37 FEET; THENCE SOUTH 47°20'S5" WEST, A DISTANCE OF 33.95 FEET; THENCE NORTH 89°56'08" EAST, A DISTANCE OF 122 FEET; THENCE NORTH 47°25'23" WEST A DISTANCE OF 33.99 FEET; THENCE NORTH, A DISTANCE OF 445.70 FEET TO THE BEGINNING OF A 264 FOOT TANGENT CURVE, CONCAVE TO THE EAST; THENCE NORTHERLY, ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 35°27'38", AN ARC DISTANCE OF 163.39 FEET; THENCE TANGENT TO SAID CURVE, NORTH 35°27'38" EAST, A DISTANCE OF 161.17 FEET; THENCE NORTH 80°27'38" EAST, A DISTANCE OF 35.36 FEET; THENCE SOUTH 54°32'22" EAST, A DISTANCE OF 162 FEET; THENCE SOUTH 56°26'S5" EAST, A DISTANCE OF 360.20 FEE�'; THENCE ALONG A LINE PARALLEL OR CONCENTRIC WITH AND 72 FEET SOUTHWESTERLY AND WESTERLY(MEASURED PERPENDICULAR TO OR RADIALLY) OF THE SOUTHWESTERLY AND WESTERLY LINE OF PARCEL 5 OF SAID PARCEL MAP WAIVER 01-28, THE FOLLOWING 3 COURSES: 1. SOUTH 54°32'22" EAST A DISTANCE OF 2149,72 FEET TO THE BEGINNING OF A 264 FOOT TANGENT CURVE, CONCAVE TO THE SOUTHWEST; 854782.9 D-1 2. THENCE SOUTHEASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 63°49'20" AN ARC DISTANCE OF 294.07 FEET TO THE BEGINNING OF A 1682 FOOT REVERSE CURVE, CONCAVE TO THE EAST, A RADIAL TO SAID BEGINNING BEARS NORTH 80°43'02" WEST; 3. THENCE SOUTHERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 12°59'30", AN ARC DISTANCE OF 381.39 FEET, TO THE BEGINNING OF A 264 FOOT REVERSE CURVE, CONCAVE TO THE NORTHWEST A RADIAL TO SAID BEGINNING BEARS NORTH 86°17'28" EAST, SAID BEGINNING ALSO BEING ON THE WESTERLY LINE OF TECHNOLOGY DRIVE RIGHT OF WAY DESCRIBED iN DOCUMENT NO. 00-519849 RECORDED DECEMBER 29, 2000 OF OFFICIAL RECORDS; THENCE SOUTHWESTERLY ALONG SAID CURVE AND SAID WESTERLY LINE, THROUGH A CENTRAL ANGLE OF 83°20'31", AN ARC DISTANCE OF 384.01 FEET, TO THE BEGINNING OF A 336 FOOT REVERSE CURVE, CONCAVE TO THE SOUTHEAST A RADIAL TO SAID BEGINNING BEARS NORTH 10°22'O1" WEST; THENCE SOUTHWESTERLY ALONG SAID CURVE AND CONTINUING ALONG SAID WESTERLY LINE, THROUGH A CENTRAL ANGLE OF 56°50'25" AN ARC DISTANCE OF 333.33 FEET; THENCE TANGENT TO SAID CURVE AND ALONG SAID WESTERLY LINE, SOUTH 22°47'34", A DISTANCE OF 117.79 FEET TO A POINT ON THE NORTHEASTERLY LINE OF GERALD FORD DRIVE, 110 FEET WIDE, AS DESCRIBED IN INSTRUMENT NO. 238527, RECORDED JULY 8, 1997 OF OFFICIAL RECORDS, AND TO THE BEGINNING OF A 945 FOOT NON-TANGENT CURVE CONCAVE TO THE NORTHEAST A RADIAL TO SAID BEGINNING BEARS SOUTH 24°58'33" WEST. THE FOLLOWING 7 COURSES ARE ALONG THE NORTHEASTERLY AND NOR'THERLY L1NES OF GER.ALD FORD DRIVE: 1. THENCE NORTHWESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 67°17'S6" AN ARC DISTANCE OF 1109.98 FEET TO THE BEGINNING OF A 1055 FOOT REVERSE CURVE, CONCAVE TO THE SOUTHWEST A RADIAL TO SAID BEGINNING BEARS SOUTH 87°43'31" EAST; 2. THENCE NORTHWESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 92°20'21", AN ARC DISTANCE OF 1700.26 FEET; 3. THENCE TANGENT TO SAID CURVE, SOUTH 89°56'08" WEST, A DISTANCE OF 1615.27 FEET; 4. THENCE NORTH 85°06'40" WEST, A DISTANCE OF 150.56 FEET; 5. THENCE SOUTH 89°56'08" WEST, A DISTANCE OF 200 FEET; 6. THENCE NORTH 45°10'31" WEST, A DISTANCE OF 32.46 FEET; 7. THENCE SOUTH 89°43'O 1" WEST, A DISTANCE OF 23 FEET TO A POINT ON A L1NE PARALLEL WITH AND 39 FEET EASTERLY OF THE WESTERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 28; THENCE SOUTH 00°16'S9" EAST 854782.9 D-2 ALONG SAID PARALLEL LINE, A DISTANCE OF 90.82 FEET TO A PO1NT OF INTERSECTION OF THE NORTHERLY LINE OF THE NORTHWEST QUARTER OF SAID SECTION 33, AND A LINE PARALLEL WITH AND 39 FEET EASTERLY OF THE WESTERLY LINE OF SAID NORTHWEST QUARTER; TI�NCE SOUTH 00°OS'38" EAST ALONG LAST SAID PARALLEL LINE, A DISTANCE OF 329.01 FEET TO A POINT ON A LINE PARALLEL WITH AND 329.01 FEET SOUTHERLY OF SAID NORTHERLY LINE OF SAID NORTHWEST QUARTER; THENCE SOUTH 89°56"08" WEST ALONG LAST SAID PARALLEL LINE, A DISTANCE OF 39 FEET TO A POINT ON SAID WESTERLY LINE OF THE NORTHWEST QUARTER; THENCE NORTH 00°OS'38" WEST ALONG SAID WESTERLY LINE TO THE SOUTHWEST CORNER OF SAID SECTION 28, A DISTANCE OF 329.01 FEET; THENCE NORTH 00°16'59" WEST ALONG THE WESTERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 1084.36 FEET TO THE TRUE PO1NT OF BEG�NG. End of Legal Description 854782.9 D-3 EXHIBIT E COST ESTIMATE (See Attached) 854782.9 E-1 ' . � 1'0(03/2005 17:19 9496447620 HOVER DEVELOPMENT PAGE 13/15 1 ` ESTIMATE FOR NORTH UMVERSITY PARK-COST AREA "B" PRO.fECT: THNTATIVE PARCEL#30042 JN: 20-100551 PREPARED 8Y: BD DA7E 09l26/OS North Side of Gerald Ford DESCR�'fION COST trru.rrffs ao �axTxworuc so STRECT IIt�ROVEMENPS 5660,380 STORM DRAAI SO SEWER SYSTEM SO WATER SYSTEM SO LATIDSCAPING 560,000 TRAFFIC SIGNAIS 5130,000 • Q7'Y F'EES 547,519 CONSIJLTAi1T'S S 142,557 CONT[1d0ENCIE�S(0) SO PR&VAII.ING WAGE(1 S°�) 99,057 CiETTERAL CONTRACTOR FEE(l5%) 185,9Z7 MANAGEW�NT FEE(0%) 0 BOND FEE(1.5°/a) 21,3 BZ TOTAL DEVELOPMF.NT C05T 51,446,s21 N01'E No contingency ioclndcd No management iec induded Landacape iu median only Page 1 Received at RWG Law: 10/3/2005 5:20:32 PM ' • 1"Q/03/2005 17:19 9496447620 HOVER DEVELOPMENT PAGE 14/15 • DESCRIP'�'ION [JNTIT QUANTfYY UNITPRICE . TOTALCOST SCREET 1NIPROVEhtL'MS GBRALD FORD DRIVE(il?STREETJ 1+R0�!T,ECHNOLOGYDRIVE TO METROPLEX ROUGFI GRADING(l.5'CU'f) CY � 4,000 15.00 60,000 FIblE GRADE • SF T1,000 0.20 14,200 8"CURD&OU7'I'ER LF 3,1d0 S15.OQ 47,100 S"CUI2B LF 2,750 S15.00 41,230 S'SIDfiWAL1C SF I2,200 SZ.75 33,550 SIGNWG AND S'fRIPIN(} I.S 1 L0,000.00 10,000 PEDESTWAN RANIPS EA 1 51,200.00 i,200 S"AC OVER 10"BASE SF 71,000 S2.3D 163,100 2,5"AC OVERNATIVE SF 0 51.10 0 SA�V C[Tf IF 2,500 54.00 10,D00 CB NO. 1-RCFCBcWCD EA L B4OQ0.00 8,OQ0 LACAL DEPRESSION EA l 200.00 200 1 S"FIDPE P�E LF 40 50.00 2,0� gII,Rqp " Cy' 10 70.00 700 BASIlV GRADING CY 3,000 15.00 43,000 GERALDFORUSUBTOTAL 5436,SD0 GLRi1 LD FORD DRI['E(i!1 STRL�E7)FrRUMMETROPL6X TO PORTOLA AYENUE ROUGH GRADINQ(1.S CUT') CY 1,800 15.00 27,000 PINE GRADE SF 32,170 0.20 6.422 8"CURB 8c GUITER I.E 1,440 S f 3.00 19,370 g•�gg ]� 1,26A 513.00 16,380 g�SIDCWAI,K SF 0 Z2.75 0 PEDESTRIAN RANipS EA I 5120(1.00 1,200 stGNING AND sTR�II�o I.s � a,000.00 a,000 5"AC OVER 10"BASE SF 32,I1D 52.25 72,24A 2.5"AC OVER NAITVE SF 0 S 1.10 0 SAW CUT ' LP 3,340 54.00 21,360 CD N0.1-RCFC&WCD EA 1 8,000.00 6,000 LACAL DET'RE55ION EA l 200.00 2�N1 ]8"i-mPE P(PE I.F 40 SO.OD 2,000 RIPRAP CY 10 70.00 700 BASIN GRADINO CY 3,000 15.00 45,000 CERALb FOItD SUItTOTAL S223,880 PSgC 2 Received at RWG Law: 10/3/2005 5:20:32 PM ' ' ' 1�/03/2005 17:19 9496447620 HOVER DEVELOPMENT PAGE 15/15 LANDSCAPING MEDIANLANDSCAPII�IO SP 10,000 56.00 60,000 S60,000 TRAFF[C SIC3NALS GE[tALD FORLI&PACIF[C AV6 LS 0.5 180,400A0 90,000 GPRALD FORD&T&CHNOLOOY DR LS 0.5 180,000.00 90,000 GE[tALD FOliD&PORTOLA LS 0.25 5200,000.00 50,000 S:30,000 QTY FfiES STR$&T iI�1P.P1.AN CHECK FEES IS 950.3 BO 2.00% 19,008 STREBT fl�.INSPEGTION FEE LS 950,380 3.00% 28,511 SEWER IMP.PL.AN CH&CK FEES IS 0 2.00'/0 0 SEWER IMP.INSPSCTION FEE [S 0 3.00% 0 WATER IIviP.PLAN CI$CK FEES LS 0 2.00Yo ' 0 WATER 7MP.INSPECI'[ON FEE [.S 0 3.00°�6 0 JOINT UTTi.CfY TRENCH PERMPP FEE I.S 0 2.00% � SUBTOTAL S117,519 CONSULTANfFEES ENGINEERINClStJAVBY % 950,380 15% 142,557 SUBTOTAL 5t42,557 CON'['INGENCY Z09/o OF CONSTRUCClONCOSTS 1,140,455 • Q CONTRVGENCY SUBTOTA�. SO Page 3 Received at RWG Law: 10/3/2005 5:20:32 PM EXHIBIT F LICENSE � TEMPORARY ACCESS AND CONSTRUCTION LICENSE THIS TEMPORARY ACCESS AND CONSTRUCTION LICENSE(this"License") is entered into as of , 2005, by and between PALM DESERT FLTNDING COMPANY, L.P., a Delaware limited partnership ("South Owner"), and PALM DESERT NORTH 80, LLC, a California limited liability company("North Owner"), with respect to the following: RECITALS: A. South Owner and North Owner entered into that certain Road Improvement Agreement dated as of , with the City of Palm Desert, a California municipal corporation (the "RIA"). Initially capitalized words or terms used but not defined in this License shall have the meanings assigned to such words or terms in the RIA. B. South Owner and North Owner agreed to execute this License pursuant to Sections 2.11 and 3.5, respectively, of the RIA, in order to provide South Owner with access to the North Property for the purpose of constructing the North Improvements. AGREEMENT: NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, South Owner and North Owner agree as follows: 1. Grant. North Owner grants a non-exclusive license(the"Grant")to South Owner for use by South Owner and Contractor and their respective employees, agents and representatives (collectively, the "South Owner Parties") to enter onto and upon the North Property for the construction of the North Improvements and associated activities. 2. Restrictions. South Owner shall not use, or permit the use of, the North Property except in accordance with the terms and conditions of this License. The South Owner Parties accessing the North Property and constructing the North Improvements shall do so at their own risk. 3. Com liance. South Owner acknowledges and agrees that all aspects of the access to the North Property and construction of the North Improvements must be carried out in a manner that does not pose or create a potential danger to the North Property, and is otherwise in accordance with the Permits and the Improvement Plans for the North Improvements. 854782.9 F-1 4. Status of North Improvements. South Owner acknowledges that North Owner may periodically inspect the North Improvements to determine that they are being constructed in accordance with Section 3. Furthermore, in order to provide North Owner with adequate information regarding the status of the North Improvements, South Owner shall deliver to North Owner, upon North Owner's request (but not more often than once every sixty(60)days), a report detailing the status of the North Improvements. 5. Commencement. Notwithstanding anything in this License to the contrary, the construction of the North Improvements shall not commence unless and until North Owner has received (a) a copy of the Permits and the Improvement Plans for the North Improvements and (b) at least one seven (7) days advance notice thereof from South Owner. 6. No Partnershin. Nothing contained in this License shall be deemed or construed to create a partnership, tenancy in common,joint tenancy,joint employer liability,joint venture or co-ownership between North Owner and South Owner. North Owner shall have no responsibility or liability in connection with South Owner's rights and obligations with respect to the North Property and/or the North Improvements. Subject to its compliance with the terms and conditions of this License, South Owner shall be free to determine its own policies and practices in the conduct of its business and activities concerning access to the North Property and construction of the North Improvements. 7. In General. South Owner shall take any action necessary to protect the North Property from any damage or injury in connection with its access to the North Property and/or construction of the North Improvements. Upon commencement of the North Improvements, South Owner shall be responsible for maintaining the North Property in a safe and non- hazardous condition. If this License expires or is terminated prior to completion of the North Improvements, South Owner shall, upon North Owner's request, perform, or cause to be performed, all repairs and restoration of the North Property, including the removal of debris and excess soil, required to restore the North Property to at least as good a condition as existed prior to South Owner the Access, excluding any completed portion of the North Improvements that are intended by the Improvement Plans for the North Improvements to be permanent. 8. Liens. South Owner shall not suffer or permit to be enforced against the North Property any liens of inechanics, materialmen, contractors or subcontractors or any claim for damage arising from the North Improvements, and South Owner shall (a) pay, or cause to be paid, all such liens or claims before any action is brought to enforce the same against the North Property; and (b) indemnify, defend (with counsel reasonably satisfactory to North Owner) and hold North Owner and the North Property free and harmless from all liability for any and all such liens and claims. Notwithstanding the foregoing, if South Owner shall in good faith contest the validity of any such lien or claim, then South Owner shall defend itself and North Owner against the same and shall pay and satisfy any adverse judgment that may be rendered thereon before any enforcement thereof against North Owner or the North Property. In such event, and if North Owner shall so require, South Owner shall procure and record or furnish to North Owner a surety bond in accordance with California Civil Code Section 3143, or other acceptable security satisfactory to North Owner in an amount at least equal to 150% of such contested lien or claim, indemnifying North Owner against liability for the same, and holding the North Property free from the effect of any such lien or claim. North Owner reserves the right, at any time and from 854782.9 F-2 time to time, to post and maintain on the North Property such notices of non-responsibility as may be necessary to protect North Owner against liability for all such liens and claims. Notwithstanding the foregoing, South Owner shall not be obligated to comply with the requirements of this Section 8 in the event the North Improvements are not paid for as required by the RIA. 9. North Owner Performance. The failure by South Owner to (a) perform any obligation under this License, or (b) comply with any other term or condition applicable to South Owner under this License, and the expiration of thirty(30) days after notice of such failure from North Owner to South Owner shall constitute a default by South Owner under this License; provided, however, that if such failure cannot reasonably be cured within such thirty(30) day period but is capable, with reasonable diligence, of being cured within a total of ninety (90)days, South Owner shall have an additional sixty(60) days in which to effect such cure provided that South Owner commences to cure such failure within the initial thirty (30) day period, at a11 times diligently pursues the cure to completion, and in fact completes such cure within the subsequent sixty (60) day period. In the event South Owner shall be so in default under this License, North Owner shall be entitled, but shall not be obligated, to perform such obligation or comply with such term or condition on behalf of South Owner. 10. Termination. The License shall, at North Owner's option, terminate immediately upon the first to occur of any one of the following events for any reason whatsoever: (a)the expiration or termination of the RIA; or(b) if South Owner shall be in default under this License. 11. Remedies. South Owner acknowledges that this License is solely an agreement in the nature of a license and that South Owner has no rights as an owner, purchaser or tenant of the North Property by virtue hereof. In the event of the termination hereof due to a default hereunder by South Owner, North Owner may re-enter and take exclusive possession of the North Property and remove all persons or things therefrom without legal process, to the maximum extent permitted by law, or by such legal process as North Owner may deem appropriate. North Owner may also seek any other remedy available at law or in equity, including a suit for damages for any breach or noncompliance herewith (including failure to complete any work commenced and costs to repair and/or replace any defective work and/or work not performed in compliance with the Improvement Plans). All remedies provided herein, by law or in equity shall be cumulative and not exclusive. No termination hereof due to a default hereunder by South Owner shall relieve South Owner of its obligation to perform its obligations hereunder prior to such termination. 12. Suspension. If North Owner determines, in its reasonable discretion, that (a) South Owner or the South Owner Parties are not constructing the North Improvements in accordance with the terms and conditions of this License or the RIA, or(b)the North Improvements could create, or have created, a hazardous condition or, except as otherwise contemplated by this License or the RIA, could have, or have had, an adverse effect upon the North Property, then North Owner may give oral or written notice to South Owner or the South Owner Parties to suspend the construction of the North Improvements. Upon receipt of any such notice, South Owner and the South Owner Parties shall immediately suspend the construction of the North Improvements. If such notice is given orally, it shall be followed by written notice as soon thereafter as is reasonably possible. Upon any such suspension, South Owner and North 854782.9 F-3 Owner shall use good faith efforts to agree upon reasonable measures that can be taken so that the construction of the North Improvements can be recommenced. In the event North Owner and South Owner cannot agree within fifteen (15) business days following South Owner's receipt of the suspension notice on such measures, North Owner may, but shall not be obligated to, take measures to address the issue as provided in Section 12. 13. As-Built Plans. Within thirty(30) days after the termination or expiration of this License, South Owner shall provide to North Owner(a)"as-built" plans of the North Improvements completed as of the date thereof and (b) to the extent not previously received by North Owner, geotechnical reports, compaction reports and other written materials prepared in connection with obtaining the Permits for the North Improvements. 14. Release. South Owner acknowledges and agrees that South Owner is accepting the License on an "as is," "where is" and "with all faults" basis, subject to any condition that may exist on the North Property, without any representation or wananty by North Owner. South Owner assumes the risk that certain conditions may exist on the North Property and releases North Owner of and from any and all claims, actions, demands, rights, damages, costs or expenses that might arise out of or in connection with any such condition of the North Property. South Owner acknowledges and agrees that(a) South Owner shall be solely responsible for determining the condition of the North Property, including environmental conditions, environmental regulations, zoning classifications, building regulations and other governmental requirements and (b) South Owner is relying solely upon South Owner's inspection, examination and evaluation of the North Property. 15. Incorporation. The terms and conditions of the RIA, to the extent the same do not conflict with the terms and conditions hereof, are, by this reference, incorporated into, and made a part of, this License. [This Space Intentionally Left Blank; Signatures Begin On The Ne�Page] 854782.9 F-4 1N WITNESS WI�REOF, the parties have�executed this Temporary Access and Construction License as of the date first above written.. SOUTH OWNER: PALM DESERT FUNDING COMPANY, L.P., a Delaware limited partnership By: Palm Desert Funding Company, LLC, a Delaware limited Iiability company, its General Partner By: Palm Desert Funding Company, Inc., a Delaware corporation, its Manager By: Thomas I. Hover, Authorized Agent NORTH OWNER: PALM DESERT NORTH 80, LLC, a California limited liability company By: Comerstone Desert Properties I,LLC, a California limited liability company, its Manager. By: Mazix Family Limited Partnership, a Delaware limited Partnership, its Manager By: Marix Family Trust U/D/T dated as of October 12, 2002, as amended, its General Partner By: Michael S. Marix, Trustee 854782.9 F-5 EXHIBIT G OFFER RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City of Palm Desert 73510 Fred Waring Drive Palm Desert, California 92260 Attention: City Manager APN: [Space Above For Recorder's Use Only] Exempt from recording fees pursuant to California Government Code Section 6103 IItREVOCABLE OFFER OF DEDICATION THIS IltREVOCABLE OFFER OF DEDICATION(this "Agreement") is entered into as of , 2005, by PALM DESERT NORTH 80,LLC, a California limited liability company("Owner"), in favor of the CITY OF PALM DESERT, a California municipal corporation("City"), with respect to the following: RECITALS: A. Owner is the fee owner of certain real property located in Palm Desert, California, and more particularly described in Exhibit A attached hereto (the"Property"). B. Owner, City and Palm Desert Funding Company, LP, a Delaware limited partnership ("PDFC"), entered into that certain Road Improvement Agreement dated as of (the"RIA"). ' C. Pursuant to Section 3.1 of the RIA, Owner is required to offer to dedicate a portion of the Property to City for right of way purposes in order to widen and otherwise improve the north side of Gerald Ford Drive along the portion thereofthat is contiguous with the Property. AGREEMENT: NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Owner agrees as follows: 854782,9 G-1 1. Offer. Owner hereby makes an irrevocable of�er(the "Offer")to dedicate to City for right of way purposes the portion of the Property more particularly described in Exhibit B attached hereto (the"Right of Way"). 2. Term. The term of the Offer (the"Term") shall commence on the date that this Agreement is recorded in the Official Records of Riverside County, California(the "Commencement Date"), and shall expire on the date that is three (3) years after the Commencement Date (the "Expiration Date"). The Offer is irrevocable by Owner until the Expiration Date. 3. Acceptance. City may accept the Offer at any time prior to the Expiration Date by adoption of a resolution of the City Council of City accepting the dedication of the Right of Way (the"Resolution of Acceptance"). The Resolution of Acceptance will authorize City to execute an instrument in substantially the form attached hereto as Exhibit C, accepting the Offer (the "Acceptance"). 4. Covenants. Owner covenants, for itself and its successor and assigns, as follows: 4.1 Removal of Liens. To remove, at Owner's sole cost and expense, all matters affecting title to the Right of Way that City reasonably determines could divest it of title to, or otherwise interfere with the proposed use of, the Right of Way after the Acceptance (the "Ezceptions"). Any such removal shall be performed in accordance with the following: 4.1.1 Owner shall provide City with a preliminary report for the Right of Way issued by a reputable title insurance company dated within sixty(60) days of the Commencement Date(the"Preliminary Report"). 4.1.2 City shall notify Owner of the exceptions described in the Preliminary Report that constitute Exceptions. 4.1.3 Owner shall remove the Exceptions within one hundred twenty (120) days after its receipt of such notice from City. 4.2 Imt�rovements. To permit PDFC to construct, and to pay aIl costs and expenses incurred in connection with the design and construction of, the"North Improvements" (as defined in the RIA) to the satisfaction of the City Engineer and otherwise in accordance with the RIA. 4.3 Maintenance. Owner agrees to continue to maintain the Right of Way and assume all liability for the condition of the Right of Way until the conditions set forth in Section 6 have occurred. Owner agrees to indemnify, hold harmless, protect and defend City, and its directors, officers, agents, employees and attorneys, from all claims, causes of action, suits, damages or other liabilities occurring in, on or about the Right of Way and/or the Property until the conditions set forth in Section 6 have occurred. 5. Run With Land. The covenants made in this Agreement shall run with, and shall burden, the Property for the benefit of City. Such covenants shall inure to the benefit of, or bind, as the case may require, the respective heirs, representatives, successors and assigns of City and 854782.9 G-2 Owner. Owner authorizes City to record this Agreement in Official Records of Riverside County, California. 6. Liabilitv. Owner and City agree that City shall�have no liability with respect to the Right of Way, whether resulting from the maintenance or failure to maintain the same or otherwise, and shall not assume any responsibility for the Right of Way or any improvements or fixtures thereon or therein, unless and until both of the following occur: 6.1 City adopts the Resolution of Acceptance; and 6.2 The North Improvements have been constructed and paid for in accordance with Section 4.2. 7. Notices. Any notice, request, direction, demand, consent, waiver, approval or other communication required or permitted to be given hereunder shall not be effective unless it is given in writing and shall be delivered (a) in person, (b) by certified mail, postage prepaid, return receipt requested, (c) by facsimile, or(d) by a commercial overnight courier that guarantees next day delivery and provides a receipt, and addressed to the parties at the addresses stated below, or at such other address as either party may hereafter notify the other in writing as aforementioned: To Owner: PD North 80, LLC 5005 Calle San Raphael, Suite B-1 Palm Springs, California 92264 Attention: Mr. Michael Marix Facsimile: (760) 778-4417 With a copy to: Reed Smith LLP 355 South Grand Avenue, Suite 2900 Los Angeles, California 90071 Attention: Thomas L. Harnsberger, Esq. Facsimile: (213) 457-8080 To City: City of Pa1m Desert 73510 Fred Waring Drive Palm Desert, California 92260 Attention: City Manager Facsimile: With a copy to: Richards, Watson& Gershon 355 South Grand Avenue, 40�'Floor Los Angeles, California 90071-3101 Attention: Owen P. Gross, Esq. Facsimile: (213) 626-0078 Service of any such notice or other communications so made shall be deemed effective on the day of actual delivery(whether accepted or refused) as evidenced by confirmed answerback if by facsimile (provided that if any notice or other communication to be delivered 854782.9 G-3 by facsimile is unable to be transmitted because of a problem affecting the receiving party's facsimile machine, the deadline for receiving such notice or other communication shall be extended through the next business day), as shown by the addressee's return receipt if by certified mail, and as confirmed by the courier service if by courier; provided, however, that if such actual delivery occurs after 5:00 p.m. (local time where received) or on a non-business day, then such notice or demand so made shall be deemed effective on the first business day immediately following the day of actual delivery. No communications via electronic mail shall be effective to give any notice, request, direction, demand, consent, waiver, approval or other communications hereunder. [This Space Intentionally Left Blank; Signature On The Next Page] 854782.9 G-4 IN WITNESS WHEREOF, Owner has executed this Irrevocable Offer of Dedication as of the date first written above. OWNER: PALM DESERT NORTH 80, LLC, a California limited liability company By: Cornerstone Desert Properties I, LLC, a California limited liability company, its Manager. By: Marix Family Limited Partnership, a Delaware limited Partnership, its Manager By; Mazix Family Trust under Declaration of Trust Dated as of October 12, 2002, as amended, its General Partner By: Michael S. Marix, Trustee STATE OF CALIFORNIA ) ) ss. COUNTY OF ) On , , before me, a Notary Public in and for the State of California, personally appeared Michael S. Mazix, 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 to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument,the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. Notary Public in and for the State of California (SEAL) 854782.9 G-5 CONSENT AND SUBORDINATION TO IRREVOCABLE OFFER OF DEDICATION NOTICE: THIS CONSENT AND SUBORDINATION RESULTS IN THE RIGHTS AND OBLIGATIONS CONTAINED IN CERTAIN AGREEMENTS BECONIING SUBJECT TO AND OF LOWER PRIORITY THAN THE RIGHTS AND OBLIGATIONS CONTAINED IN SOME OTHER OR LATER INSTRLTMENT. The undersigned, as beneficiary under that certain deed of trust recorded on February 15, 2005, as Document No. in the Official Records of Riverside County, California, hereby acknowledges its consent to the terms and conditions of the Inevocable Offer of Dedication, and the transactions contemplated thereby, and subordinates the lien of such deed of trust thereto. ' ART PALM, LLC, a Delaware limited liability company By: Name: Its: STATE OF CALIFORNIA ) ) ss. COUNTY OF ) On , before me, a Notary Public in and for the State of California, personally appeared , 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 to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument, the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and of�icial seal. Notary Public in and for the State of California (SEAL) 854782.9 G-6 EXHIBIT A TO OFFER LEGAL DESCRIPTION OF PROPERTY The land referred to herein is situated in the State of California, County of Riverside, City of PALM DESERT, described as follows: PARCEL B: 1N THE CITY OF PALM DESERT, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, BEING A PORTION OF PARCEL 6 OF PARCEL MAP WAIVER O1-28, CERTIFICATE OF COMPLIANCE RECORDED SEPTEMBER 7, 2001 AS INSTRUMENT NO. 01-435770 OF OFFICIAL RECORDS, ALSO BEING 1N THE SOUTH HALF OF SECTION 28 ANll THE NORTH HALF OF SECTION 33, TOWNSHIl'4 SOUTH, RANGE 6 EAST, SAN BERNARDINO BASE AND MERIDIAN, MORE PARTICULARLY DESCRIBED AS FOLLOWS: CONIlVIENCING AT THE NORTHWEST CORNER OF SAID PARCEL 6, SAID CORNER ALSO BEING THE WEST QUARTER CORIVER OF SAID SECTION 28; THENCE SOUTH 00°16'S9" EAST ALONG THE WESTERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 1576.95 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 89°43'O1" EAST, A DISTANCE OF 680,87 FEET TO THE BEGTNIVING OF A 564 FOOT TANGENT CURVE, CONCAVE TO THE SOUTH; THENCE EASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 35°44'37", AN ARC DISTANCE OF 351.85 FEET; TI-�NCE TANGENT TO SAID CURVE, SOUTH 54°32'22" EAST, A DISTANCE OF 778.97 FEET; THENCE SOUTH, A DISTANCE OF 437.37 FEET; THENCE SOUTH 47°20'S5" WEST, A DISTANCE OF 33.95 FEET; THENCE NORTH 89°56'08" EAST, A DISTANCE OF 122 FEET; THENCE NORTH 47°25'23" WEST A DISTANCE OF 33.99 FEET; THENCE NORTH, A DISTANCE OF 445.70 FEET TO THE BEGINNING OF A 264 FOOT TANGENT CURVE, CONCAVE TO THE EAST; THENCE NORTHERLY, ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 35°27'38", AN ARC DISTANCE OF 163.39 FEET; THENCE TANGENT TO SAID CURVE, NORTH 35°27'38" EAST, A DISTANCE OF 161.17 FEET; THENCE NORTH 80°27'38" EAST, A DISTANCE OF 35.36 FEET; THENCE SOUTH 54°32'22" EAST, A DISTANCE OF 162 FEET; THENCE SOUTH 56°26'S5" EAST, A DISTANCE OF 360.20 FEET; THENCE ALONG A LINE PARALLEL OR CONCENTRIC WITH AND 72 FEET SOUTHWESTERLY AND WESTERLY(11�ASURED PERPENDICULAR TO OR RADIALLY) OF THE SOUTHWESTERLY AND WESTERLY LINE OF PARCEL 5 OF SAID PARCEL MAP WAiVER O1-28, THE FOLLOWING 3 COURSES: 1. SOUTH 54°32'22" EAST A DISTANCE OF 2149.72 FEET TO THE BEGINNING OF A 264 FOOT TANGENT CURVE, CONCAVE TO THE SOUTHWEST; 854782.9 G-7 2. THENCE SOUTHEASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 63°49'20" AN ARC DISTANCE OF 294.07 FEET TO THE BEGINNING OF A 1682 FOOT REVERSE CURVE, CONCAVE TO THE EAST, A RADIAL TO SAID BEGINNING BEARS NORTH 80°43'02" WEST; 3. THENCE SOUTHERLY ALONG 5AID CURVE, THROUGH A CENTRAL ANGLE OF 12°59'30", AN ARC DISTANCE OF 381.39 FEET, TO THE BEGINNING OF A 264 FOOT REVERSE CURVE, CONCAVE TO THE NORTHWEST A RADIAL TO SAID BEGINNING BEARS NORTH 86°17'28" EAST, SAID BEGINNING ALSO BEING ON THE WESTERLY LINE OF TECHNOLOGY DRIVE RIGHT OF WAY DESCRIBED IN DOCUMENT NO. 00-519849 RECORDED DECEMBER 29, 2000 OF OFFICIAL RECORDS; THENCE SOUTHWESTERLY ALONG SAID CURVE AND SAID WESTERLY LINE, THROUGH A CENTRAL ANGLE OF 83°20'31", AN ARC DISTANCE OF 384.01 FEET, TO THE BEGINNING OF A 336 FOOT REVERSE CURVE, CONCAVE TO THE SOUTHEAST A RADIAL TO SAID BEGINNING BEARS NORTH 10°22'O1" WEST; THENCE SOUTHWESTERLY ALONG SAID CURVE AND CONTINUING ALONG SAID WESTERLY LINE, THROUGH A CENTRAL ANGLE OF 56°50'25" AN ARC DISTANCE OF 333,33 FEET; THENCE TANGENT TO SAID CURVE AND ALONG SAID WESTERLY LINE, SOUTH 22°47'34", A DISTANCE OF 117.79 FEET TO A POINT ON THE NORTHEASTERLY LINE OF GERALD FORD DRIVE, 110 FEET WIDE, AS DESCRIBED IN INSTRUMENT NO. 238527, RECORDED JULY 8, 1997 OF OFFICIAL RECORDS, AND TO THE BEGINNING OF A 945 FOOT NON-TANGENT CURVE CONCAVE TO THE NORTHEAST A RADIAL TO SAID BEGINNING BEARS SOUTH 24°58'33" WEST. THE FOLLOWING 7 COURSES ARE ALONG THE NORTHEASTERLY ANll NORTHERLY LINES OF GERALD FORD DRIVE: 1. THENCE NORTHWESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 67°17'S6" AN ARC DISTANCE OF 1109.98 FEET TO THE BEGINNING OF A 1055 FOOT REVERSE CURVE, CONCAVE TO THE SOUTHWEST A RADIAL TO SAID BEGINNING BEARS SOUTH 87°43'31" EAST; 2. THENCE NORTHWESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 92°20'21", AN ARC DISTANCE OF 1700.26 FEET; 3. THENCE TANGENT TO SAID CURVE, SOUTH 89°56'08" WEST, A DISTANCE OF 1615.27 FEET; 4. THENCE NORTH 85°06'40" WEST, A DISTANCE OF 150.56 FEET; 5. THENCE SOUTH 89°56'08" WEST, A DISTANCE OF 200 FEET; 6. THENCE NORTH 45°10'31" WEST, A DISTANCE OF 32,46 FEET; 7. THENCE SOUTH 89°43'O1" WEST, A DISTANCE OF 23 FEET TO A POlNT ON A LINE PARALLEL WITH AND 39 FEET EASTERLY OF THE WESTERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 28; THENCE SOUTH 00°16'S9" EAST 854782.9 G-8 ALONG SAID PARALLEL LINE, A DISTANCE OF 90.82 FEET TO A POINT OF INTERSECTION OF THE NORTHERLY LINE OF THE NORTHWEST QUARTER OF SAID SECTION 33, AND A LINE PARALLEL WITH AND 39 FEET EASTERLY OF THE WESTERLY LINE OF SAID NORTHWEST QUARTER; THENCE SOUTH 00°OS'38" EAST ALONG LAST SAID PARALLEL LINE, A DISTANCE OF 329.01 FEET TO A POINT ON A LINE PARALLEL WITH AND 329.01 FEET SOUTHERLY OF SAID NORTHERLY LINE OF SAID NORTHWEST QUARTER; THENCE SOUTH 89°56"08" WEST ALONG LAST SAID PARALLEL LINE, A DISTANCE OF 39 FEET TO A POINT ON SAID WESTERLY L1NE OF THE NORTHWEST QUARTER; THENCE NORTH 00°OS'38" WEST ALONG SAID WESTERLY LINE TO THE SOUTHWEST CORNER OF SAID SECTION 28, A DISTANCE OF 329.01 FEET; THENCE NORTH 00°16'S9" WEST ALONG THE WESTERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 1084.36 FEET TO THE TRUE POINT OF BEGINNING. End of Legal Description 854782.9 G-9 EXHIBIT B TO OFFER LEGAL DESCRIPTION OF RIGHT OF WAY (See Attached) 854782.9 G-10 RBF CONSULTING 74-130 Conntry Club Drive,Suite 201 Palm Desert,CA 92260 October 10,2005 JN 20-100626.01 Page 1 of 2 EXHIBIT"A" RIGHT OF WAY GERALD FORD DRIVE That certain pazcel of land situated in the City of Palm Desert, County of Riverside, State of California, being a portion of Parcel "B" as described in Parcel Map Waivcr 03-04, recorded January 28, 2003, as Instrument No. 2003-060548 of Official Records, in the Office of the County Recorder,of said County of Riverside,described as follows: BEGINNING at the centerline intersection Portola Avenue and Gerald Ford Drive as described in a Grant Deed, recorded July 8, 1997, as Instrument No. 238527, said point also Ueing the southwest corner of Section 28,Town,ship 4 South,Range 6 East, San Bemardino Meridian; thence North 00°16'S8" West 164.32 feet alang the west line of Parcel "B" as shown on said Parcel Map Waiver 03-04,said line also being the west line of said Section 28; thence North 89°43'02"East 96.00 feet; thence South 45°09'S8" East 124.23 feet to a point on a line parallel and 77.00 feet north of the said centerline of Gerald Ford Drive; thence along said parallel line North 89°56'07"East 250.00 feet; thence South 88°47'30" East 90.02 feet to a point on a line parallel and 75.00 feet north of the said centerline of Gerald Ford Drive; thence along said parallel line North 89°56'07"East 1098.27 feet; thence South 47°20'S6"West 8.89 feet to a point on a line lying parallel and 68.98 feet north of said.centerline of Gerald Ford Drive; thence along said parallel line North 89°56'09"East 122.00 feet; thence North 47°25'22" West 8.88 feet; to a point on a line parallel and 75.00 feet north of the said centerline of Gerald Ford Drive; thence along said parallel line North 89°56'07" East 319.36 feet to the beginning of a tangent curve,concave southwesterly and ha.ving radius of 1075.00 feet; . thence along said curve southeasterly 1732.49 feet through a central angle of 92°20'20" to the beginning of a reverse curve, concave northeasterly, and having a radius of 925.00 feet, a radia] line from said point bears South 87°43'33"East; EXHIBIT"A" October 10,2005 RIGHT-OF-WAY JN 20-100626 GERAI.D FORD DRIVE Page 2 of 2 thence along said curve southeasterly 1059.20 feet through a central angle of 65° 36' 33" to a point of a non-tangent line,a radial from said point bears North 26°40'03"East; thence North 69°38'06" East 36.35 feet to a point on the westerly Right-of-Way of Technology Drive as shown on said Parcel`B"of Parcel Map Waiver 03-04; thence South 22°47'S4" West 46.34 feet to the beginning of a non-tangent curve, concave northeasterly and having a radius of 945.00 feet,a radial line&om said point bearing North 24°58'33" East, said point also lying on the north line of Parcel 1 as described in said Grant Deed,recorded July 8, 1997 as Instnunent No.238527; thence along said curve northwesterly 1109.98 feet through a central angle of 67°17'S6" to the beginning of a reverse curve,concave southwesterly and having a radius of 1055.00 feet; thence along said curve northwesterly 1700.26 feet through a central angle of 92°20'20"; thence tangent line from said curve South 89°56'07"West 1615.27 feet; thence North 85°06'41 West 150.56 feet; thence South 89°56'0�"West 200.00 feet; thence North 45°10'44"West 32.46 feet; thence South 89°42'S5"West 23.00 feet; thence South 00°16'S8"East 90.82 feet; thence South 89°56'07" West 39.00 feet intersection Portola Avenue and Gerald Ford Drive as described in said Grant Deed, recorded July 8, 1997 as Instrument No. 238527, said point also being the POINT OF BEGINNING. CONTAINING: 2.465 Acres,more or less. EI��IT"B"attached and by this reference made a part hereof. SUBJECT TO all Covenants,Rights,Rights-of-Way and Easements of Record. This description was prepared by me or under my direction. Levi D.Cox,P.L.S. 7930 My license expires 12/31/07. H:1P DA7A12010D828V1dminUegets1826LGL001.doc lNDICATES R.0.W. FOR SCALE: 1"=200' GERALD FORD DRlVE —� 2.465 ACRES SEE SHEET 2 � I A � �� � 55' 75' C..) -�'�' 1 O w �rl i l��rr� t� � � � � rrl�'Cr�"l I�/l�l� l�lJ. �1�7::J.rJ 1 � � Z q �'.%//.�, �� ���:�-�J 5 6 � 9 � C/L PACIFIC A VENUE 7 � w i� �N � - � Q � ►� � r�1 kCr l � �3 q � � �, � � 3 N �l��i�C�rL l/lTl f' l�lJ. �l/:.�J � � � � � o �./��. �� ���:�----�.�J 0 q N � Lj � w � � � Z Z o ( w �� � � L) °D GRANr DEED � � 5' INST. N0. 238527 �� \ � � REC. 07/08/1997 0.R. �' � z � 14 � � - � � /� / `\ � 68' 75' � � � �SEE DETAIL RIGHT � � I � 15 ' � � � � � � � 16 17 " � I ' � � 2 0 � � I , �s j : I i R, I � � � � o d m �i I I �� � � 3 Z I � s8' �5 � � C/L PORTOLA A VENUE � � o I � DETAIL z � b m � � � �� P 0.B. N.T.S o \� _ C/L �NT. PORTOLA A�E. � v � � \ i&�G�D FORD DR. _ � � \ � - - � / C/L PORTOLA SHEET 1 OF 3 SHEETS � EXHlB1T nB n A VENUE a PLANNINO ■ DEBION • aoN9TRl1aT10N % �o N PLAT TO ACCOMPANY A 8 LFGAL DESCRIPTION FOR � � � �a-aawornvnrm � RIGH7—OF—WAY DEDICATION. coNsuLT�No iso.aas.�ae�MFn�ic��so��aoCe.esu�„�,u�4„�„ � a DATE: OCTOBER )0, 2005 JN: 20-100626-001 � _ N87°43'33"W (R) � IND CATES R.O.W. FOR P.R.C. �� RALD FORD ORI VE "' 2.465 ACRES �, W S87°43-33„E_.�..��1_ , � g ,—_ , ,1��� � �� �.�- P.R C:_-- F � / � . .��. � m � � '��oo,�� ''�/ �� �� O� , �, Z �'`� � � � ����h`��� O��j SCALE: 1"=200' � � � � Q- ,�p� �� �i O � ,�,� Q-'' �y� L) � � � � a�L� ,�LO �Cs�/ t `� � . �,, �o ��' ti �,� ..._ '' �-.-� � ' ��' ' � GRANT DEED , � � INST. N0. 238527 , REC. 07/08/1997 O.R. / S�� / ��l Fi�rr_�L �� / ss%�s �rl kCr l l�1�1 i� l�lJ. ��/JO � r.l/I.�'. �1 �/J:�—7'J 20 � / � I �� l 1 � c0 IJr�fl�CCr� J A � �� � �O I . � � � E i � a 9 C/L PACIFIC AVENUE o — . . � m � � N o m � N CO ! �/`�1..rr� / � 0 0T0 �'�Fi'Crrl l�/I�1 `� l�lJ. �3/ 7':1 J W v' � N / — � � �.J�/l.B. �I �/�:�—7� � �, o � � _ �� 1 w ,`n° � � �'� � ° a � o � � � `� � � N SHEET 2 OF 3 SHEETS S � � � � EXHIBIT nL/n PL'�'NNINO ■ DEGION ■ OONGTRl1CT10N � N Z z I PLAT TO ACCOMPANY A � � � �a-4wrw�wnrm � { SEE SHEET 1 LEGAL DESCRIPTION FOR PALMDESEfif,CALFORNIAB226Pq110 � C O N 8 U L71 N O 750.346.74et .FAx 760.348.8315. wwwpBF.eom Q RIGHT-OF-WAY DEDICATION. DATE: OCTOBER 10, 2005 JN: 20-100626-001 i _ � lNDlCATES R.0.W. FOR GERALD FORD DRI VE 2.465 ACRES SCALE: 1"=200' \\ • ! — •�, �"'�� 12 � ..` � �r`/. "E'" `° ` � � � C �.Nl,y►l. C��--�� �� � � �h'����h' L ll�lv C lv�. l:��J�l �c,��i/ X' �' O �G,Y � F���. J�/�J/2JJ�1 J.��. o �o��' s, / � P.o. t. ��6'� o ss• � ti �s. 1 , �,�p`'��O�o�� �N24°58'33"E (R) O G�� � � O �, N87°43'33"W �R� ,, Et%°�2� �O� ���1� i�r)fiCrr� � � P.R.C. , 6'�� �9� �-��/ � o 0;65 3 ,56' R�-•'�� � � p6�� 1� ' �G�i'� � , ., n. W "`� �—� _ � f GRANT DEED `'' �S87°43'33"E_� W INST. N0. 238527 `'' REC. 07/08/1997 0.R. \ ��' i�rl RCrrL / �� ! rl I t�CCrl l�/��� l�10. :1/7'::1J \ � �.1�/l.�'. �� ��F:.1—/J -c Z � � N � . N \ DATA TABLE DATA TA6L.E � NO BEARIN�/DELTA RADIUS LENGTH NO BEARING/DELTA RADIUS LENGTH m 1 N00°16'58"W -- 164.32' 10 N89°56'07"E -- 319.36' � 2 N89°43'02"E -- 96.00' 11 N69'38'O6"E -- 36.35' � 3 S45°09'S8"E -- 124.23' 12 S22"47'34"W -- 46.34' X 4 N89°56'07"E -- 250.00' 13 N85'06'41"W -- 150.56' N 5 S88°47'30"E -- 90.02' 14 S89'S6'07"W -- 200.00' N 6 S89°56'07"W -- 1615.27' 15 N45'10'44"W -- 32.46' m 7 S47°20'S6"W -- 8.8g' 16 S89°a2'55"w -- 23.00' W 8 N89°56'09"E -- 122.00' 17 S00°16'S8"E -- 90.82' Z 9 N4�'25'22"W -- 8.88' 18 S89`56'07"W -- 39.00' g � EXHIBIT nB� SHEET 3 OF 3 SHEETS o PLANNINO ■ DE91GN ■ CONBTqUCTION % N � PLAT TO ACCOMPANY A o LEGAL DESCRIPTION FOR � � � �a-aar�wnrm N PALM DESEF1r.CALIFORMA 92260-4114 � RIGHT-OF-WAY DEOICA710N. coNsu�TING �so.sae.�wi •Fnx�eosne.e�s. �„�,w�.�„ < DATE: OCTOBER 10, 2005 JN: 20-100626-001 i _ EXHIBIT C TO OFFER FORM OF ACCEPTANCE RECORDING REQUESTED BY AND WHEN RECORDED MAII.,TO: City of Palm Desert 73510 Fred Waring Drive Palm Desert, California 92260 Attention: City Manager APN: [Space Above For Recorder's Use Only] Exempt from recording fees pursuant to California Government Code Section 6103 ACCEPTANCE OF DEDICATION OF RIGHT OF WAY The City of Palm Desert, a California municipal corporation ("Grantee"), hereby accepts the offer of dedication (the"Offer") of certain real property located in Palm Desert, California, and more particularly described in Exhibit A attached hereto for right of way purposes (the "Right of Way") entered into by Palm Desert North 80, LLC, a California limited liability company("Grantor"), pursuant to that certain Inevocable Offer of Dedication dated as of _, , executed by Grantor in favor of Grantee and recorded in Official Records of Riverside County, California, on , as Instrument No. (the "Agreement"). The Offer, and this Acceptance of Dedication of Right of Way, arise from and are made pursuant to the Agreement. The undersigned is authorized to execute this Acceptance of Dedication of Right of Way on behalf of Grantee pursuant to a resolution of the City Council of Grantee adopted on _, , a copy of which is attached hereto and incorporated herein by this reference. [This Space Intentionally Left Blank; Signature On The Next Page] 854782.9 G-11 IN WIT'NESS WHEREOF, the undersigned has executed this Acceptance of Dedication of Right of Way as of , GRANTEE: CITY OF PALM DESERT, a California municipal corporation By: Name: Its: ATTEST: City Clerk STATE OF CALIFORNIA ) ) ss. COUNTY OF RIVERSIDE ) On , before me, , a Notary Public in and for the State of California, personally appeared , 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 to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument, the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. Notary Public in and for the State of California (SEAL) 854782.9 ('i-12 EXHIBIT A TO ACCEPTANCE OF DEDICATION OF RIGHT OF WAY LEGAL DESCRIPTION OF RIGHT OF WAY (See Attached) 854782.9 G-13 RESOLUTION NO. RESOLUTION OF THE COUNCIL OF THE CITY OF PALM DESERT ACCEPTING AN IRREVOCABLE OFFER OF DEDICATION OF RIGHT OF WAY FOR THE WIDENING OF THE NORTH SIDE OF GERALD FORD DRIVE The City Council of the City of Palm Desert hereby determines, resolves and orders as follows: Palm Desert North 80, LLC, a California limited liability company("Owner"), is the fee owner of certain real property located in Palm Desert, California, and more particularly described in Exhibit A attached hereto (the"Property"). Owner has previously entered into that certain Inevocable Offer of Dedication of Right of Way dated as of , and recorded in the Official Records of Riverside County, California, on , , as Instrument No. (the "Agreement"), pursuant to which Owner irrevocably offered to dedicate to the City of Palm Desert, a California municipal corporation, a portion of the Property for right of way purposes, which portion is more particularly described in Exhibit B attached hereto (the"Right of Way"). Such dedication is required by, and is in conformance with, the Palm Desert Municipal Code. � City hereby accepts the inevocable offer to dedicate the Right of Way as set forth in the Agreement. The City Engineer is hereby authorized and directed to execute the Acceptance of Dedication of R.ight of Way in the form attached hereto as Exhibit C (the"Acceptance"). The City Clerk is hereby authorized and directed to record the Acceptance in the Official Records of Riverside County, California, and to furnish a copy of this Resolution to Owner at the address of record. [This Space Intentionally Left Blank; Continued On The Next Page] 854782.9 G-14 The City Clerk shall certify to the adoption of this Resolution and shall cause this Resolution and his/her certification to be entered in the Book of Resolutions of the City Council of the City of Palm Desert. Adopted: , Mayor of the City of Palm Desert, California ATTEST: City Clerk APPROVED AS TO FORM: City Attorney APPROVED AS TO CONTENT City Manager Director of Civil Engineering 854782.9 G-15 ! EXHIBIT A TO RESOLUTION NO. LEGAL DESCRIPTION OF PROPERTY The land refened to herein is situated in the State of California, County of Riverside, City of PALM DESERT, described as follows: PARCEL B: IN THE CITY OF PALM DESERT, COUNTY OF RIVERSIDE, STATE OF CALIFORIVIA, BEING A PORTION OF PARCEL 6 OF PARCEL MAP WAIVER 01-28, CERTIFICATE OF COMPLIANCE RECORDED SEPTEMBER 7, 2001 AS INSTRLTMENT NO. 01-435770 OF OFFICIAL RECORDS, ALSO BEING IN THE SOUTH HALF OF SECTION 28 AND THE NORTH HALF OF SECTION 33, TOWNSHIP 4 SOUTH, RANGE 6 EAST, SAN BERNARDINO BASE AND MERIDIAN, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMIV�NCING AT TI�NORTHWEST CORNER OF SAID PARCEL 6, SAID CORNER ALSO BE1NG THE WEST QUARTER CORNER OF SAID SECTION 28; 'THENCE SOUTH 00°16'S9" EAST ALONG THE WESTERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 1576.95 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 89°43'O1" EAST, A DISTANCE OF 680.87 FEET TO THE BEGINIVING OF A 564 FOOT TANGENT CURVE, CONCAVE TO THE SOUTH; THENCE EASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 35°44'37", AN ARC DISTANCE OF 351.85 FEET; THENCE TANGENT TO SAID CURVE, SOUTH 54°32'22" EAST, A DISTANCE OF 778.97 FEET; THENCE SOUTH, A DISTANCE OF 437.37 FEET; THENCE SOUTH 47°20'S5" WEST, A DISTANCE OF 33.95 FEET; THENCE NORTH 89°56'08" EAST, A DISTANCE OF 122 FEET; THENCE NORT'H 47°25'23" WEST A DISTANCE OF 33.99 FEET; THENCE NORTH, A DISTANCE OF 445.70 FEET TO THE BEGINNING OF A 264 FOOT TANGENT CURVE, CONCAVE TO THE EAST; THENCE NORTHERLY, ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 35°27'38", AN ARC DISTANCE OF 163.39 FEET; THENCE TANGENT TO SAID CURVE, NORTH 35°27'38" EAST, A DISTANCE OF 161.17 FEET; THENCE NORTH 80°27'38" EAST, A DISTANCE OF 35.36 FEET; THENCE SOUTH 54°32'22" EAST, A DISTANCE OF 162 FEET; THENCE SOUTH 56°26'S5" EAST, A DISTANCE OF 360.20 FEET; THENCE ALONG A L1NE PARALLEL OR CONCENTRIC WITH AND 72 FEET SOUTHWESTERLY AND WESTERLY (MEASURED PERPENDICULAR TO OR RADIALLY) OF THE SOUTHWESTERLY AND WESTERLY LINE OF PARCEL 5 OF SAID PARCEL MAP WAIVER 01-28, THE FOLLOWING 3 COURSES: 1. SOUTH 54°32'22" EAST A DISTANCE OF 2149.72 FEET TO THE BEGINIVING OF A 264 FOOT TANGENT CURVE, CONCAVE TO THE SOUTHWEST; 854782.9 G-16 2. THENCE SOUTHEASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 63°49'20" AN ARC DISTANCE OF 294.07 FEET TO THE BEGINNING OF A 1682 FOOT REVERSE CURVE, CONCAVE TO THE EAST, A RADIAL TO SAID BEGTNNING BEARS NORTH 80°43'02" WEST; 3. THENCE SOUTHERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 12°59'30", AN ARC DISTANCE OF 381.39 FEET, TO THE BEGINNING OF A 264 FOOT REVERSE CURVE, CONCAVE TO THE NORTHWEST A RADIAL TO SA.ID BEG�NG BEARS NORTH 86°17'28" EAST, SAID BEGINNING ALSO BEING ON THE WESTERLY LINE OF TECHNOLOGY DRIVE RIGHT OF WAY DESCRIBED IN DOCUMENT NO. 00-519849 RECORDED DECEMBER 29, 2000 OF OFFICIAL RECORDS; THENCE SOUTHWESTERLY ALONG SAID CURVE AND SAID WESTERLY LINE, THROUGH A CENTRAL ANGLE OF 83°20'3�", AN ARC DISTANCE OF 384.01 FEET, TO THE BEGINNING OF A 336 FOOT REVERSE CURVE, CONCAVE TO THE SOUTHEAST A RADZAL TO SAID BEGINNING BEARS NORTH 10°22'O1" WEST; THENCE SOUTHWESTERLY ALONG SAID CURVE AND CONTINUING ALONG SAID WESTERLY LINE, THItOUGH A CENTRAL ANGLE OF 56°50'25" AN ARC DISTANCE OF 333.33 FEET; THENCE TANGENT TO SAID CURVE AND ALONG SAID WESTERLY LINE, SOUTH 22°47'34", A DISTANCE OF 117.79 FEET TO A POINT ON THE NORTHEASTERLY LINE OF GERALD FORD DRIVE, 110 FEET WIDE, AS DESCRIBED IN INSTRUMENT NO. 238527, RECORDED JULY 8, 1997 OF OFFICIAL RECORDS, AND TO THE BEGINNING OF A 945 FOOT NON-TANGENT CURVE CONCAVE TO THE NORTHEAST A RADIAL TO SAID BEGIIVNING BEARS SOUTH 24°58'33" WEST. THE FOLLOWING 7 COURSES ARE ALONG THE NORTHEASTERLY AND NORTHERLY LINES OF GERALD FORD DRIVE: 1. THENCE NORTHWESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 67°17'S6" AN ARC DISTANCE OF 1109.98 FEET TO THE BEGINIVING OF A 1055 FOOT REVERSE CURVE, CONCAVE TO THE SOUTHWEST A RADIAL TO SAID BEGTNNING BEARS SOUTH 87°43'31" EAST; 2. THENCE NORTHWESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 92°20'21", AN ARC DISTANCE OF 1700.26 FEET; 3. THENCE TANGENT TO SAID CURVE, SOUTH 89°56'08" WEST, A DISTANCE OF 1615.27 FEET; 4. THENCE NORTH 85°06'40" WEST, A DISTANCE OF 150.56 FEET; 5. THENCE SOUTH 89°56'08" WEST, A DISTANCE OF 200 FEET; 6. THENCE NORTH 45°10'31" WEST, A DISTANCE OF 32.46 FEET; 7. THENCE SOUTH 89°43'O1" WEST, A DISTANCE OF 23 FEET TO A POINT ON A LINE PARALLEL WITH AND 39 FEET EASTERLY OF THE WESTERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 28; THENCE SOUTH 00°16'S9" EAST 854782.9 G-17 ALONG SAID PARALLEL LINE, A DISTANCE OF 90.82 FEET TO A POINT OF INTERSECTION OF THE NORTHERLY LINE OF THE NORTHWEST QUARTER OF SAID SECTION 33, AND A LINE PARALLEL WITH AND 39 FEET EASTERLY OF THE WESTERLY LINE OF SAID NORTHWEST QUARTER; THENCE SOUTH 00°OS'38" EAST ALONG LAST SAID PARALLEL LINE, A DISTANCE OF 329.01 FEET TO A POINT ON A LINE PARALLEL WITH AND 329.01 FEET SOUTHERLY OF SAID NORTHERLY LINE OF SAID NORTHWEST QUARTER; THENCE SOUTH 89°56"08" WEST ALONG LAST SAID PARALLEL LINE, A DISTANCE OF 39 FEET TO A POINT ON SAID WESTERLY LINE OF THE NORTHWEST QUARTER; THENCE NORTH 00°OS'38" WEST ALONG SAID WESTERLY LINE TO THE SOUTHWEST CORNER OF SAID SECTION 28, A DISTANCE OF 329.01 FEET; THENCE NORTH 00°16'S9" WEST ALONG THE WESTERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 1084.36 FEET TO THE TRUE POINT OF BEG�NG. End of Legal Description gs4�s2.9 G-18 EXHIBIT B TO RESOLUTION NO. LEGAL DESCRIPTION OF RIGHT OF WAY (See Attached) 854782.9 G-19 EXHIBIT C TO RESOLUTION NO. FORM OF ACCEPTANCE 854782.9 G-20 EXHIBIT H PUBLIC BIDDING AND CONTRACTING REOUIREMENTS (See Attached) 854782.9 H-1 . � j � ) CHAPTER 3.30 PUBLIC WORKS CONTRACTS AND BIDDING RE�UIREMENT3 3.30.010 Purpose. Pursuant to the authority set forth in Sectfon 300 of the Palm Desert Charter,the city may provide locai procedures and�equirements for the bidding,award and pertormance of public works p�oJects.(Ord.927§ 1 (part),2000) 3.30.020 Munlcipal projects. B.The provislons of subsection A of thls sectfon shall not apply when the public works proJects are funded in whole or in part by state or federal loans.or grants, and payment of prevailing wages is required in order to receive state or federal funding.(Ord.927§1 (part),2000) 3.30.030 Definitions. As used herein: A."Public project"or"pubiic works"means: 1.A project for the erection, improvement,or repair of public buildings and works,or other public projects; 2.Work in or about streams,embankments or other woiics for protection against overflow; 3_Street or sewer wvrk except maintenance or repalr,and 4. Furnishing supplies or materials for any such project includ(ng maintenance or repair of streets. � B."Sole source"means that the particular item called for can �nly be supplied by one company,organization or individual. C."Emergency"means a sudden,unexpected occuRence that poses a clear, eminent danger requi�ing immediate action to prevent or mitigate the loss or impalrment of life, help,property or essential pubt�servlces. D."Responsible btdder"means that bidder who can,based upon quality,fitness and thelr capacity to satisfactorily perform the proposed work,based upon attributes of trustworthiness, references and past contracting experience. (Ord.927§ 1 (part), 2000) 3.30.040 Bids—When required. When the expenditure requtred for a pubtic project exceeds ten thousand dollars, it should be contracted for and let to the lowest responsible bidder after notice. (Ord.927§ 1 (part), 2000) 3.30.050 Notice Inviting bids. , � - -. � . ) Notice inv(ting bids shall specffy a date for the open(ng of bids.The firsi publication or posting of the notice shall be at least ten days before the date of opening of blds. Notice shall be published at least twlce not less than flve days epart, in e newspaper of general cir�culation,printed and published in the city.(Ord.927§ 1 (part),2000) Note: A copy of the bids and proof of publication will be necessary tor relmbursement. 3.30.060 Rejectlon of bids. In its sole discretlon,the district legislatlue.l��e�r may re)ect any blds presented and re- advertised.if two or more bids are the same or the lowest,the district legislatived�r may accept the one it chooses. If no bids are received,the district Is�isla�i�-Lie�mey have the project done without further compiying with this chapter in any manner that the council may direct.If no bids are recelved and/or all bids are reJected,the councll may on a vote of four-fifths of the council,declare that the proJect can be performed more economically by city personnel or that a contract to perform the project can be negotiated with the original bidders et e lower price than any of the bids or the materials or supplfes fumished at a lower price in the open maric6t. Upon such decision,the council may direct the project to . be done in the manner stated without further complying with this chapter. (Ord.927§ 1 (part),2000) � , �a�k�� , ' - - j = , ) N N �"/����� 1 ��_/ 3.30.130 Applicability of state provisions--City contracts. Sections 7100 throu�h 7200 of the Publfc Cont�acts Code are incorporated herein as if fuAy set forth and shall be applicable to city contracts.(Ord.927§ 1 (part),2000) , ' - - � - - � 3.30.140 Applicability of state provislons--Retentlon of proceeds for city contracts. Sectian 22300 of the Public Contracts Code is incorporated here(n as if fully set forth and shall be applicable to the retentlon of proceeds for city contracts.(Ord.927§ 1 (pert), 2000) � . 3.30.170 Contents of blds or offers. Any city official taking bids for the construction of any public work or improvement shall provide in the specificatio�s prepared for the work or(mprovement or in the general conditions under which bids will be received for the doing of the work incident to the publ(c work or improvement that any person making a bid or off�to perform the work,shall, in his or her bid or offer,set forth:the neme and the locatton of the place of business of each subcontractor who will pertorm work or labo�or render service to the prime cont�actor in or about the constructlon of the work or improvement,or a subcontractor licensed by the state of Califomia who,under suboontract to the prime contractor,sp�cially fabricates and instalis a portion of the work or improvement according to detailed drawings contalned tn the plans and specifications,in an amount in excess of one-half of one percent of the prime contractor's total bid. (Ord.927§1 (part),2000) 3.30.180 Faflure to specify or speciflcatlon ot more than one subconMactor--Performance by prime contractor. If a prime contractor fails to specify a subcontractor or if a prime contractor speclfies more than one subcontractor for the same portlon of work to be performed under the contract in excess of one-half of one percent of the pri�te contrector's totel bid,the prime contractor agrees that he or she is fully qualified to pe�form that portion himself ar herself, and that the prime oontractor shall perForm that portion h(mself or herself.(Ord.927§ 1 (part), 2000) 3.30.190 Prime contractor whose bid is accepted--Prohibitions. A.A prime contractor whose bid is accepted may not: • _ : 4 = . ) 1.Substitute a person as subcontractor in place of the subcontractor listed in the original bid,except that the awarding authority,or its duly authorized officer, may,except as otherwise provided in this section, consent to the substitut(on of another person as a subcontractor in any of the following sftuations: � a.When the subcontractor listed in the bid after having had a reasonable opportun(ty to do so fails or refuses to execute a w�ftten contraci,when that wrltten contract,based upon the general terms,condttions,plans and specifications for the project involved or the terms of that subcontrectors written bid,Is presented to the subcontractor by the prtme contractor; b.When the I(sted subcontractor becomes bankrupt or insolvent; c.When the Ilsted subcontractor fails or refuses to pertorm his or her subcontract; d.When the Ilsted subcontractor falls or refuses to meet the bond requtrements of the prfine contractar as set forth in Sectlon 3.30.210 of this chapter; e.When the prime contractor demonstrates to the awarding authority, or its duly authorized officer,subject to the further provisions set forth in this sectlon,that the name of the subcontractor was liated as the result of an inadvertent clerical error; f.When the Itsted subcontractor is not 1lcensed pursuant to the contractors license law; g.When the awarding�uthorfty.or its duly authorized offlcer,determines that the work perfoRned by the Ifsted subcontractor(s substant(ally unsatisfactory and not tn substantlal accordance with the plans and specifications,or that the subcontractor is substantially delaying or disrupting the progress of the work; h.When the Iisted subcontractor is ineligible to work on a public works project pursuant to Sectlon 1777.1 or 1777.7 of the Labor Code. . Prior to approval of the prime c�ntractor's request for the substitut(on in the awarding authorlty,or Its duly author(zed office�,shall give notice In writing to the Iisted subcontractor of the prime contracto�'s request to substitute and of the reasons for ihe requsst.The notice shali be served by certified or registered mail to the last known address of the subcontractor.The listed subcontractor who has been so notified shal!have five working days within which to submit written objections to the substitution to the awarding authority. Failure to file these written objections shall constitute the listed subcontrador's consent to the substitution. If wr(tten objections are filed,the awarding authority shall give notice in writing of at least flve working days to the listed subcontractor of a hearing by the awarding author(ty or its designated agent on the prime contracto�'s request far substftution. 2.Permit a subcontrect to be volunterily assigned or transfened or allow it to be pertormed by anyone other than the origtnal subcontractor listed in the original bid,without the consent of the awarding authority,or its duly authorized officer. 3.Other than in the performance of change orclers causing changes or devtations from the originai contract,sublet or subcontract any po�tion of the work in excess of one-half of one perc�t of the prime contractor�total bid as to�which his or her original bid did not designate a subcontractor.(Ord.927§ 1 (part),2000) 3.30.200 Claim of Inadvertent clerical error In listing subcontractors-- Notice--Objection—Hearing. The prime contractor as a condition to assert a claim of inadvertent clerical error in the Ilsting of a subcontractor shall wlthin two work(ng days after the time of the prlme bid opening by the awarding authority give written notice to the awarding authority and copies of that notice to both the subcontractor he or she ciaims to have Asted in error and the intended subcontractpr who had bid to the prime contractor prior to bid opening. Any listed subcontractor who has been notified by the prime contractor in accordance with this section as to an inadvertent clerical error shall be allowed six working days from the time of the prlme bid open(ng within which to submit to the awarding authority and to the prime contractor written objecHon to the prime contractor's claim of inadvertent clerfcal error.Failure of the listed subcontractor to file the written notice within the six workfng days , . , - - t � shap be primary evidence of his or her agreement that an Inadvertent clerical error was made, The awarding euthority may,after e publ(c hearing as provided in Section 3.30.190 of this chapter and in the absence of compel8ng reasons to the contrary,consent to the substftution of the Intended subcontractor. (Ord.927§ 1 (part),2000) 3.30.210 Faithful pertormance and payment bonds of subcontractors. A. It shall be the responsibility of each subcontractor submitting bids to a prime contractor to be prepared to submit a faithful performance and payment bond or bonds if so requested by the prime contrector. B.In the event any subcontractor subm(tt(ng a bid to a prime contractor does not, upon the request of tho prime contractor and et the expense of the prime contractor at the established charge or premium therefor,furnish to the prime contractor a bond or bonds issued by an adm(tted surety where(n the prlme contractor shall be named the obligee, guaranteeing prompt and faithful performance of the subcontract and the payment of all claims for labor and materials furnished or used(n and about the work to be done and performed under the subcontract,the prime contractor may reject the bid and make a substitution of another subcontractor subject to Section 3.30.190 of this chapter. C. 1.The bond or bonds may be requfred under this section only if the prime contractor in his or her written or published�equest fo�sub-bids ciearly specifles the amount and requirements of the bond or bonds. 2.If the expense of the bond or bonds required under this section is to be borne by the subcontractor,that requirement shall also be specified in the prime contractor's written or published request for sub-bids. 3.The prime contractor's failure to specify bond requirements, in accordance with this subdivision, in Uie written or published request for sub-bids shall preclude the prime contractor from imposing bond reyuirements under this section.(Ord.927§ 1 (part),2000) 3.30.220 Subletting or subcontracting portion in excess of certain percent of prime contractor's total bid to which no subcontractor was deslgnated In original bid. Subletting or subcontracting of any portion of the work in excess of one-half of one percent of the p�ime contractor's totat bid as to which no subcontractor was designated in the original bid shall only be permitted in cases of public emergency or necessity,and then only after a finding reduced to vuritlng as a public record of the city setting forth the facts constituting the emergency or necessity. (Ord.927§ 1 (part), 2000) 3.30.230 Violations of chapter and contracts--Cancellation or penalty-- Notice and hearing. A prime contractor violating any of the provisions of this chapter violates his or her contract and the awarding euthority may exercise the option,in its cwn discretion,of(1)canceling his or her cont�act or(2)assessing the prime contractor a penalty in an amount of not mo�e than ten pe�cent of the amount of the subcontract fnvolved,and thls penalty shall be deposited in the fund out of which the prime contract is awarded. In any proceedings under this section the prime contractor shall be entitled to a public hearing and to frve days' notice of the time and place thereof. (Ord.927§ 1 (part),2000) 3.30.240 Subcontractor and prime contractor. � � _ } � , � . As used in this chapter,the word"subcontractor"shall mean a contractor,within the meaning of the provisions of Chapter 9(commencing with Sectlon 7000)of Division 3 of the Business and Professions Code,who contracts directly wfth the prime contractor.(Ord. 927§ 1 (part),2000) f�� EXHIBIT I LEGAL DESCRII'TION OF DW/AB PROPERTY As to Desert Wells 237, LLC, an undivided 80.2%interest in the property described as follows, and as to Albor Properties III, LP, an undivided 19.8% interest in the property described as follows: PARCELS l, 2, 3, 4, 5, 6, 7, 10 AND 14 OF PARCEL MAP NO. 31730, AS SHOWN BY MAP ON FILE 1N BOOK 211 PAGES 63 THROUGH 75, OF PARCEL MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA. 854782.9 I-1 ' �OC t� 200�-00156@4 61/es/2007 RECORDING REQUESTED BY �anf ormed Capy I�ND WI�-'NRECORDEDMAIL TO: Has not been compared aiith original Larr� lJ 4Jard County o Riverside CityofPairnDes�t Assessor, County Clerk & Recorder 73510 Fred Waring Drive Palm Desert, Caiifomia 92260 Attention: City Manager APN: [5pace Above For Recorder's Use Only] Exeinpt from recording fees pursuant to California Government Code Section 6103 IRREVOCABLE OFFER OF DEDICATION THIS IRREVOCABLE OFFER OF DEDICATION(this"Agreement")is entered into as of J a n u a ry 2 5, 2006, by PALM DESERT NORTH 80,LLC,a California.lunited liability company("4wner"),in favor of the CITY OF PALM DESERT,a California municipal coiparation("�'ity"),with respect to the following: RECITALS: A Owner is the fee owner of certain real property located in Palm Desert, California, and more particularly described in E�chibit A attached hereto(the"Property"). � B. Owner, City and Pa(m Desert Funding Company,LP,a Delawaze limited partnership("PDFC"),entered into that certain Road Lnprovement Agreement dated as of December 22,20Q5(the"RIA„). C. Pursuant to Section 3.1 of the RIA, Owner is rec}uired to offer to dedicate a portion of the Property to Ciry for right of way purposes in order to widen aud otherwise — improve the north side of Gerald Ford Drive along the portion thereof that is contiguous with the Property. AGREEMENT: NOW, 'IT�REFORE, in consideration of the faregoing recitals and other good and valua.ble consideration, the receipt and sufficiency of which are hereby acknowledged, Owner agrees as follows: 1. Offer. Owner hereby malces an irrevocable offer(the"Offe�'')to dedicate to City for right of way purposes the portion of the Property more particularly described in Exhibit B attached hereto(the"Right of Way"). . s7orig.i 2. Terrr� The term of the Offer(the"3'erm"} shall commence on the date that this Agreement is recorded in the Official Records of R.iverside County, California(the "Commence�nent I3ate"), and s�all expire on Yhe date tha.t is three(3)yea.rs after the Commencement Date(the"Egpiration Date"). The Offer is irrevocable by Owner until the Expiration Daxe. 3. Acceptance. City may accept the Offer at any time prior to the Expiration Date by adoption of a resoiution of the City Cou�cil of City accepting the dedication of the Right of Way(the"Resolution of Acceptance")_ The Resalution of Acceptance will authorize City to e�cecute an instrumen#in substantialiy the form attached hereto as Exhibit C, accepting the Offer (the"Acceptance"). 4. Covenants. Owner covenants, for itself and its successor and assigns, as follows: 4.1 Removal of Liens. To remove, at Owner's sole cost and expense, all matters affecting title to the Right of Way that City reasonably deternrines could divest it of title to,or otherwise interfere with the proposed use o�the Right of Way after the Acceptance(the "Eaceptions")_ Any.such removal shall be performed in accordance with the following: 4.1.1 Owner shall provide City with a preliminary report for the Right of Way issued by a reputable title insurance company dated within sixty(60)days of the Commencement Date(the"Preliminary Repor�')_ 4_1.2 City sha11 notify Owner of the exceptions described in the Preliminary Repart that constitute Exceptions. 4.1.3 Owner shall remove the Exceptions within one hundred twenty (120) days after its receipt of such notice from City. 4.2 I�rovements. To permit PDFC to constzuct, and to pay all costs and expenses incurred in connection with the design and construction of, the"North Lnprovements" (as defined in the RIA)to the saxisfaction of the City Engineer and otherwise in accordance with the RIA. _ 4.3 Maintenance. Owner agrees to continue to maintain the Right of Way and assume all liability for the condition of the Right of Way until the conditions set forth in Section 6 have occurred. Owner agrees to indemnify, hold hazmless,protect and defend City, and its directors,oi�icers, agents, employees and attomeys, from all claims, causes of action, suits, damages or other liabilities occurring in, on or about the Right of Way and/or the Property until the canditions set forth in Section 6 have occurred. 5. Run With Land. The covenants made in this Agreement shall run with, and sha11 bwden,the Property for the benefit of City. 5uch covenants shall inure to the benefit o� or bind, as the case may require, the respective heirs, representatives,successors and assigns of City and Owner. Owner authorizes City to record this Ageement in 4fficial Records of Riverside Counry, California. � s�a�2s.� � b. Liabi�i . (9wner a.nd City agree that City shali have no liability with respect to the Right of Way,whether resulting from the maintenance or failure to maintain the same or otherwise, and shall not assume any responsibility for the Right of Way or any improvements or �xtures thereon or therein, unless and until6oth of the following occur: 6.1 City adopts the Resolution of Acceptance; and 6.2 'The North Improvements have been constructed and paid for in accordance with Seciion 4.2. 7. Notices. Any notice,request,direction, demand, consent, waiver, approval or other communica.tion required or permitted to be given hereunder shall not be effective uniess it is given in writing and shall be delivered(a)in person, (b)by certified mail, postage prepaid, return receipt requested, (c)by facsimile, or{d)by a commercial overnight courier that guarantees next day delivery and provides a receipt, and addressed to the parties at the addresses stated below,or at such other address as either party may hereafter notify the other in writing as aforementioned: To Owner: Palm Desert North 80,LLC 5005 Calle San Raphael, Suite B-1 Palm Springs,California 92264 Attention: Mr. 1l�ichael Marix Facsimile: {760)778-4417 With a copy to: Reed Smith LLP 355 South Grand Avenue, Suite 2900 Los Angeles, California 90071 Attention: Thomas L. Harnsberger, Esq. Facsimile: (213)45'1-8080 To City: City of Palm Desert 73510 Fred Waring Drive Palm Desert,Califorriia 92260 — Attention: City Manager Facsimile: (760j 776-6306 With a copy to: Richards,Watson&Gershon 355 South Grand Avenue, 40'�Floor Los Angeles, Caiifornia 9007i-3i0i Attention: Owen P. Gross, Esq. Facsimile: (213)626-�078 Service of any such notice or other communications so made shall be deemed effective on t�e day of actuai deiivery(whether accepted or refusedj as evidenced by confirmed answerback if by facsimile(provided that if any notice or other communication to be delivered by facsimile is unable to�e transmitted because of a probiem affecting the receiving party's facsimile machine, the deadline for receiving such notice or other communication shall be extended ttirough the next�usiness dayj, as shown by the addressee's return receipt if by s�ons.i z certified mail,and as confirmed by the courier service if by courier;provided, however,that if such actual delivery occurs after 5:00 p.m. (local time where received)or on a non-business day, the�such notice or demand so made sha11 be deemed effective on the first business day immediately following the day of actual delivery. No communications via electronic mail shall be effective to give an�notice, request, direction, demand,consent, waiver, approval or other communications hereunder. [Ti�is Space Intenrionally Left Biank; signature On T�e Next Page) s�o�2s,t Q IN WITNESS WHEREOF, Owner has executed this Irrevocable Offer of Dedication as of the date first written above. OWNER: PALM DESERT NORTH 80, LLC, a California limited liability company By: Cornerstone Desert Properties I, LLC, a California limited liabitity company, its Manager. By: Marix Family Limited Partnership, a Delaware limited Partnership, its Manager By: Marix Family Trust under Declaration of Trust Dated as of October 12,2002, as amended, its General Partner � ^ By: �"%�� Michael S.Marix,T tee STATE OF CALIFORNIA ) � 5S. COUNTY OF�, ' ) �� a l�ltii I�� ��f"Gc,1,{,t - n � c ,�(o , before me, , a Notary ublic in a d for the State of Califarnia,personally appeared Michael S.Marix, 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 to me that he/she executed the same in his/her authorized capacity,and that by his/her signature on the irtstrument, the _ person,or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. V � �� � Notary Public in and for the State of Califomia SEAL caMiuE Koww � ) �m�#�14d7794 � y �R�.C�O � MY Canm.Erp��� s�o728.t 5 CONSENT AND SUBORDINATION TO IRREVOCABLE OFFER OF DEDICATION NOTICE: THIS CONSENT AND SUBORDINATION RESULTS IN THE RIGHTS AND OBLIGATIONS CONTAINED IN CERTAIN AGREEMENTS BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE RIGHTS AND OBLIGATIONS CONTAINED IN SOME OTHER OR LATER INSTRUMENT. The undersigned, as the beneficiary under that certain deed of trust recorded on February 15,2005, as Document No. 2005-0123822 in the Official Records of Riverside County, California,pursuant to that certain assignment recorded on April 12, 2005, as Document No.2005-0285554 in the Official Records of Riverside County, California, hereby acknowledges its consent to the terms and conditions of the Irrevocable Offer of Dedication, and the transactions contemplated thereby, and subordinates the lien of such deed of trust thereto. BANK MIDWEST,N.A. BY� s, � c� Brent A. Parsons, Vice President I'Y�r`�5'Du v—i STATE OF�'e r i�nn�,T� � ) ss. COUNTY OF � � On�_��,befare me,� ���� � �,C}�� ��� , a Nota�, Public in and for the State of California, personally appearedG�,Gpn—F- ��-�"� r`�'L� ,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 to me that he/she executed the same in his/her authorized capacity,and that by his/her signature on the instrument,the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. KATHY 3. NOLAND � � • NOTARY PUBLIC-NOTARY SEAL ot ry Public i and fo h State of California � STAIE OF MISSOUW ,1P►CKSON COUNTY My Commission Expires AAAR 30,2Q0T (SEAL) � s�o�2s.t E��IT A LEGAL DESCRIPTION OF PROPERTY The land referred to herein is situated in the State of California, County of Riverside, City of PALM DESERT, described as follows: �ARCEL B: IN THE C1TY OF PALM DESERT, COUNTY OF RIVERSIDE, STATE 4F CALIFURNIA, B�ING A PORTION OF P.A.RCEL 6 OF PARCEL 1VIAP WAIVER 01-28, CERTIFICATE OF COMPLIANCE RECORDED SEPTEMBER 7, 20(}1 AS INSTRITMENT NO. 01-435770 OF OF�iCiAL RE�ORDS, ALSO BEING IN'Tf�SOUTH�-IALF OF SECTION 28 AND TI� NORTH HALF OF SECTION 33,TOWNSHIl'4 SOUT�-�RANGE 6 EAST, SAN BER�TARDiNO BASE AND MERIDIAN,MORE PARTICULARLY DESCRIBED AS FOLLOWS: COIV�ivd�NCING AT TI�NORTHWEST CORNER OF SAID PARCEL 6, SAID CORNER ALSO BEING TI-�WEST QUARTER CORNER OF SAID SECTION 28;TF�NCE SOUTH 00°l6'S9"EAST ALONG THE WESTERLY LINE OF TI�SOUT�iWEST QUARTER OF SAID SECTION 28,A DISTANCE OF 1576.95 FEET TO THE TRUE POINT OF BEGIl�NIl�tG;TI�NCE NORTH 89°43'Ol" EAST,A DISTANCE OF 680.87 FEET TO T�-� BEGINNING OF A 564 FOOT T'ANGENT CURVE, CONCAVE TO THE SOUTH;"THENCE EASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 35°44'37", AN ARC DISTANCE OF 351.$5 FEET;'T'I�NCE TANGENT TO SAID CURVE, SOUTH 54°32'22"EAST,A D�STANCE OF 778.97 FEET; TI-�NCE SOUTI-� A DISTANCE OF 437.37 FEET;THENCE SOIJ'TH 47°20'S5" WEST, A DISTANCE OF 33.95 FEET;Tf�NCE NO�TH 89°56'OS"EAST, A DISTANCE OF 122 FEET;THENCE NORTH 47°25'23"WEST A DISTAI�TCE OF 33.99 FEET;'THENCE NORTH, A DISTANCE OF 445.70 FEET TO THE BE(iiNNING OF A 254 FOOT TANGENT CURVE, CONCAVE TO Tf�EAST;THENCE NORTHERLY, ALONG SAID CURVE,THROUGH A CENTRAL ANGLE OF 35°27'38", AN -- ARC DISTANCE OF 163.39 FEET;T�-IENCE TANGENT TO SAID CURVE,IVORTH 35�27'38" EAST,A DISTANCE OF 161.17 FEET;Tf�NCE NORTH 80�27'38"EAST, A DISTA��TCE OF 35.36 FEE'�;THENCE S4UTH 54�32'22"EAST, A DISTANCE OF 162 FEET;THENCE SOUTH 56°26'S5"EAST, A DISTANCE OF 360.20 FEET;TI�NCE ALONG A LINE PARALLEL OR CONCENTRIC WITH AND 72 FEET 54UTHWESTERLY AND WESTERLY(MEASURED PERPENDICULAR TO OR RADIALL�OF TI-� SOUTIEiWESTERLY AND WESTERLY LINE OF PARCEL 5 OF SAID PARCEL MAP WAIVER 01-28,THE FOLLOWIlVG 3 COURSES: 1. SOUT�54°32'22"EAS1'A�ISTANCE OF 2149.72 FEET TO THE BEGINNING OF A 264 FOOT TANGENT CURVE, CONCAVE TO'THE SOUTHWEST; 2. THENCE SOUTHEASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF b3°49'20° AN ARC DISTANCE OF 294.07 FEET TO THE BEGIlVNING OF A 87UT28.1 p_� 1682�'OD�'itEV�RSE CURVE, CONCAVE TO T�-�EAST, A RADIAL T� SAID BEGINNING BEARS NORTH 80°43'02" WEST; 3. Ti�NCE SOUTI�EERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 12°59'30", AN ARC DISTANCE OF 381.39 FEET,TO TI-�BEGINNING OF A 264 FOOT REVERSE CURVE, CO1�iCAVE TO T�E NORTHWEST A RADIAL TO SAID BEGINNING BEARS NORTH 86°17'28"EAS�', SAID BEGINNING ALSO BEING ON TI-� WES'�RLY LINE O��'ECHNOLOGY DRIVE RIGI�T OF WAY DESCRiBED IN DOCUMEN�'NO. 00-519849 RECORDED DECEMBER 29, 2000 OF OFFICIAL RECORDS; THENCE SOUTHWESTERLY ALONG SAID CURVE AND SAID WESTERLY LIlV1VE, 'fHROUGH A CENTRAL ANGLE OF 83°20'31", AN A,RC DISTANCE OF 384.01 FEET,TO THE BEGIl�iNiNG OF A 336 FOOT ItEVERSE CURV�, CONCAVE TO THE SOUTHEAST A RADIAL TO SAID BEGINNING BEARS NORTH 10°22'Ol" WEST;TI-�NCE SOUTHWESTERLY ALONG SAID CURVE AND COTIT`IlVUING ALONG SAID WESTERLY LINE,THItOUGH A CENTRAL ANGLE OF 56°50'25" AN ARC DISTANCE OF 33333 FEET; THENCE TANCCENT TO SAID CURVE AND ALONG SAID WESTERLY LINE, SOUTH 22°47'34", A DISTANCE OF 117.79 FEET TO A P�INT ON TT� NORTI�,ASTERLY LINE OF GERALD FORD DRIV�, 110 FEET WIDE, AS DESCRIBED IN INSTRUMENT NO. 238527,RECORDED IULY 8, 1997 OF 4FFICIAL RECORDS, AND TO T�BEGINNIlVG OF A 945 FOOT NON-TANGENT CURVE CONCAVE TO TI� NORTFIEAST A RAUTAL TO SAID BEGIlVNING BEARS SOIJTH 24°58'33" WEST. � THE FOLLOWIl�TG 7 COURSES ARE ALONG THE NORTHEASTERLY AND NORTHERLY LINES OF GERALD FORD DRIVE: 1. TI�NCE NORTI3WESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 67°17'S6" AN ARC DISTANCE OF 1109.98 FEET TO THE BEGINNIlVG OF A 1055 FOOT REVERSE CURVE, CONCAVE TO TI-�E SOUTHWEST A RADIAL TO SAID BEGINNING BEARS SOUTH 87°43'31"EAST; 2_ TI-�NCE NORTHWESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 92°20'21", AN ARC DISTANCE�F 1700.26 FEET; - 3. THENCE TANGENT TO SAID CURVE, SOLTI�i 89�56'08" WEST, A DISTANCE OF 1615.27 FEET; 4_ THENCE NORT'H 85°06'40"WEST, A DISTANCE OF 150.56 FEET; 5. THENCE SOIJ'TH 89°56'08" WEST, A DISTANCE OF 200 FEET; 6. T`I-�NCE NORTH 45°10'3 i" WEST, A DISTANCE OF 32.46 FEET; 7. THENCE SOUTH 89°43'O1" WEST, A DISTANCE OF 23 FEET TO A POINT ON A LINE PARALLEL Wl'TH AND 39 FEET EASTERLY OF THE WESTERLY LINE OF TI� SOUTHWEST QUARTER OF SAID SECTION 28;'THENCE SOUTH 00°16'S9"EAST ALONG SAID PARALLEL LINE, A DISTANCE OF 90.82 FEET TO A POINT OF INTERSECTION OF TF�NORTF�RLY LINE OF'I'I-iE NORTHWEST QUARTER OF SAID 87a728.1 p_� SECTION 33, A�TD A LINE PARALLEL WITH AND 39 FEET EASTERLY OF THE WESTERLY LIlVE OF SAID NORTHWEST QUARTER; TI�NCE SOUTH 00°�5'38" EAST ALO�iG LAST SAID PARALLEL LINE, A DiSTANCE OF 329.Oi FEET TO A POINT ON A LINE PARALLEL WITH AND 329.01 FEET SOUTHERLY OF SAID NORTHERLY LINE OF SAID NORTHWEST QUARTER; THENCE SOUTH 89°56"OS" WEST ALONG LAST SAID PAIZAL,LEL LIlVE, A DISTANCE OF 39 FEET TO A POINT ON SAID WESTERLY LINE OF Tf�NORTHWEST QUARTE�t; THENCE NORTH 00°OS'38" WEST ALONG SAID WESTERLY LINE TO THE SOUTHWEST CORNER OF SAID SECTION 28, A DISTANCE OF 329.�1 FEET; THENCE NORTH 00�16'S9" WEST ALONG TI� WESTERLY LINE OF'TI�SOUTHWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 1084.36 FEET TO THE TRLJE POINT OF BEGINNIlVG. s7o�ns.� q_� EX�IT B LEGAL DESCRIPTION OF RIGHT OF WAY (See Attached) 870728.1 R_� RBF CONSULTING 74-130 Country CIub Drive,Suite 201 Palm Desert,CA 92260 October 10,2005 JN 20-100626.01 Page 1 of 2 EXHIBIT"A" RIGHT OF WAY GERALD FORD DRIVE T'hat certain pazcel of land situated in the City of Palm Desert, County of RiverSide, State of California, being a portion of Parcel "B" as described in Parcel Map Waiver 03-04, recorded January 28, 2003, as Instrument No. 2003-060548 of Official Records, in the Office of the Coimty Recorder,of said County of Riverside,described as follows: BEGINNING at the centerline intersection Portola Avenue and Gerald Ford Drive as described in a Grant Deed, recorded July 8, 1997, as Instrument No. 238527, said point also being the southwest corner of Section 28,Township 4 South,Range 6 East,San Bernardino Meridian; thence North 00°16'S8" West 164.32 feet along the west line of Parcel "B" as shown on said Parcel Map Waiver 03-04,said line also being the west line of said Section 2$; thence North 89°43'02"East 96.00 feet; thence South 45°09'S8"East 124.23 feet to a point on a line parallel and 77.00 feet north of the said centerline of Gerald Ford Drive; thence along said pazallei line North 89°56'07"East 250.00 feet; thence South 88°47'30" East 90.02 feet to a point on a line parallei and 75.00 feet north of the said centerline of Gerald Ford Drive; thence along said paraltel line North 89°56'07"East 109827 feet; thence South 47°20'S6"West 8.89 feet to a point on a line lying parallel and 68.98 feet north of -- said centerline of Gerald Ford Drive; thence along said parallel line North 89°56'09"East 122.00 feet; thence North 47°25'22"West 8.88 feet; to a point on a line parallel and 75.00 feet north of the said centerline of Gera.ld k'ord Drive; thence along said pazallei line North 89°56'07" East 319.36 feet to the beginning of a tangent curve,concave southwesterly and having radius of 1075.00 feet; thence along said curve southeasterly 1732.49 feet through a central angle of 92°20'20"to the beginning of a reverse curve, concave northeasterly, and having a radius of 925.00 feet, a radial line from said point bears South 87°43'33"East; EXHIBIT°�A" October 10,2005 RIGHT-OF-WAY JN 20-100626 GERALD FORD DRIVE Page 2 of 2 thence along said curve southeasterly 105920 feet through a central angle of 65° 36' 33" to a point of a non-tangent line,a radial from said point bears North 26°40'03"East; thence North 69°38'06" East 36.35 feet to a point on the westerly Right-of-Way of Technology Drive as shown on said Parcel"B"of Parcel Map Waiver 03-04; thence South 22°47'S4" West 4634 feet to the beginning of a non-tangent curve, concave northeasterly and having a radius of 945.00 feet,a radial line from said point bearing North 24°58'33" East, said point also lying on the north line of Parcel 1 as described in said Grant Deed,recorded July 8, 1997 as Instrument No.238527; thence along said curve northwester2y 1109.98 feet through a central angle of 67°17'S6" to the beginning of a reverse curve,concave southwesterly and having a radius of 1055.00 feet; thence along said curve northwesterly 1700.26 feet through a central angle of 92°20'20"; thence tangent line from said curve South 89°56'07"West 1615.27 feet; thence North 85°06'41 West 150.56 feet; thence South 89°56'07"West 200.00 feet; thence North 45°10'44"West 32.46 feet; thence South 89°42'S5"West 23.00 feet; thence South 00°16'S8"East 90.82 feet; thence South 89°56'07" West 39.00 feet intersection Portola Avenue and Gerald Ford Drive as described in said Grant Deed, recorded July 8, t997 as Instrument No. 238527, said point also being the POINT OF BEGIlVNING. CONTAINING: 2.465 Acres,more or less. E��IT"B"attached and by this reference made a part hereof. — SUSJECT TO all Covenants,Rights,Rights-of-Way and Easements of Record. This description was prepared by me or under my direction. Levi D.Cox,P.L.S.7930 My license expires 12/31/07. H:\PDATA�20100626VW rry nVe ga15\626LGL001.doc � INDICATES R.0.W. FOR SC,4�E: t"=200' GERALD FORD OR�f/E 2.465 ACRES SEE SHEET Z � � � I I �1 `� 55' 75' � � �I � 10 w l'r�fi�rGrl ,l � � / J \ � I � � ! rl��r l_ I�l�� 1vJ. 31/JJ , Y f.1/1.�. �� 1��:3—�� 5 6 � � � s � �, C/L PACIFIC A VENUE i 7 I W � i ti �, N i q I � _ u� 1 N co ,,,a r';��i�rG l � 13 � 4 — a � � � � � rrl h'Cr�L l�il��' l�lJ. :J 1�:1J j �, I , � , �l � � O � q � �; � p �./�//.�. �� �/�:�—/J a L) ` � � � � W � f� � � Ga �� � � O � °��° � � GRANT DEED � � � � 5° INST. N0. 238527 �� , \ , a, REC. 07/OS/1997 0.R. � � � ! 14 � � �p /� �\ � � � � 68' 75' � �SEE DETAIL RIGHT � I I � I 15 I � I I ` � � I � � O2 16 17 ; - I � � . A I ' �' �� �$ � \ �� � I LLI Q � N � , I , L, O � a o , o m `i � I .� � o " �� � � C/L PORTOLA AVENUE � � g Z I 68' 75 a W � I DETAIL � � � ; � P.0.B. N.r.s o ,, � _ � C/L l N T. P O R T O L A A�E. � ��' % \ i& G�D FORD DR. _ \ a � / a � � ' c � poRTor,� EXHIBIT �B� SHEET 1 OF 3 SHEETS o A yENUE PLANN�NO ■ OE91�N ■ CON9TRLJOTON % N b PLAT TO ACCOMPANY A g LEGAL DESCRIPTION F�R � � � �a-aw�mrarm � PAIA1 DESEFIT.CALFORNIA 9T280-Cib � RlGHT—�F—WAY DEDICA710N. coNsu�riNQ ��oaae�ne, .FAX780J48,&1S. ,.,,„,�.��„ ,� DATE: OCTOBER 10, 2005 JN: 26-100626-007 � _ � N87°43'33"W (R) � INOICATES R.O.W. FOR P.R.C. �� RALD FORD DRIVE � � "' 2.465 ACRES \\ � � . S87°43'33"E"_(Ft���_�' � �g, ,, �..�.r— P.R._�__ —t � ,• 1�.��� �6� - `` '. c� � � �;' �O�� , i- �� �1 ; �. �� U� t� �� �.' ����' ' � � � ���� �O !��� SCALE: 1"=200' ��l � � �� �, �Or�c�•�Q�'/ � � // / � �.) � � � Oo�p / �/ � � oti � i � — � � ��y � �� _._..—v �--l.✓ - � ��' ' � ! GRANT DEED � � � INST. N0. 238527 � REC. 07/08/1997 D.R. / S�� , SS,; �Tl�i�Cr L ,� / � �J� �r���Gr� �Y/��� l�lJ. ��/�J 20' � ! �'.�il.�. �I �/�:3-/� , / ' t � , r � ; � f ` � � Ll - c� � � o � � rrl RCc I � � , T � I ' �� ; �o � � l � E 0 m N 9 C/L PACIFIC A VENUE o -- . . � : � N o m � � � P�kCr�'L � � 0 � � ' �,%1�i'rr I �%l�1� ��lJ. ��7�� e � �, � o ' �.i�il.�'. �1 �/�:1-7� m � � - _ x � � !-'� u�i � CQ �� _ o = � � O � � � � � � � I � n PLpNSHEETo210F■3oSHEETS g � z j � � EXHIBIT B o � PLAT TO ACCOMPANY A � � � �a-aorx3riwnrm I SEE SHEET 1 LEGAL DESCRIP710N FOR eau�o�wr,cae.u-�ns�zso--nna a C Q N S U LTI N� 750.yt6.74fl1•FAX 780.�48.8�15• w«wAHF.com � RIGHT-OF-WAY QEDICA710N. � OATE: OCTOBER 10, 2005 JN: 20-100626-001 i r � INDICATES R.0.W. FOR 6ERALD FORD DRI�E � 2.465 ACRES SCALE: 1"=200' \ �� � i' •� i 2 / ��. .�- .,, , PCI. "�" �,`° , ',� c. �.1�/l.��I. J�_rJ;l t t � �f 1���T�'Cfl i . /I�IS r. /�/J. /:1���/ c,��� ;k' � �loGY /'i�rr�. J�/��/�JJ� J.Fi�, o ����� S,;% � P.O. T. i y r���� o ss� / I ,�p�°�� o�� ,S �N24°58'33"E (R) V� /�1��� / �� � Na�'43'33"w (R) ., �92� o� /��1� P�1 RCrrl �1 �`- P.R.0 ,.�6'�� �g�`��� �/ / o p 65 'S6 ���A�� � �� �"-/ N ° 1 h �.6� �C� G W �? _�—_____------_-__..... � �S87°43'33"E^ GRANT DEED W - INST. N0. 238527 "' REC. 07/08/1997 0.R. \ `� Prl RCFI 7 L�� rr)F�Cr l l�l� lyJ. J l 7'JJ \ � i�.l�/I.�'. �� �/J:�—�J � ti E a m N _� A N O m DATA TABLE DATA TABLE � � BEARING/DELTA RADIUS LENGTH NO BEARING/DELTA RADIUS LENGTH m 1 N00°16'S8"W -- 164.32' 10 N89'S6'07"E -- 319.36' � 2 N89'43'02"E -- 96,�0' 11 N69'38'06"E -- 36.35' � 3 S45°09'S8"E -- 124.23' 12 S22°47'34"W -- 46.34' X 4 N89°56'07"E -- 250.00' 13 N85'06'41"W -- 150.56' ° 5 S88°47'30"E -- 90.02' 14 S89'S6'07"W -- 200.00' N 6 S89'56'07"W -- 1615.27' 15 N45'10'44"W -- 32.46' _ 7 S47'20'S6"W -- 8.89' 16 589°42'55"W -- 23.00' i 8 N89°56'09"E -- 122.00' 1� S00°16'S8"E -- 90.82' � 9 N47'25'22"W -- 8.88' 18 S89'S6'07"W -- 39.00' � � EX��BIT nB� . SHEET 3 OF 3 SHEETS °g PIANNINO ■ DESION ■ CONiTAUCTION % b N�p 0 PLAT TO ACCOMPANY A LEGAL DESCRIPTION FOR r ■ r �4-�°►�'AYm 7. PaIM DESERT.CAUFORNA 82260-4t14 � RIGHT—OF—WAY DEDICATION. CONsuLTIND �eaaa��aai•Fnx�soa•�e�s. ww,.tre�.00m � DA7E: OCTOBER 10, 2005 JN: 20-100626-001 i _ EXHIBIT C FORM OF ACCEPTANCE RECORDING REQUESTED BY AND WI-�EN RECORDED MAIL TO: City of Palm Desert 73510 Fred Waring Drive Pai�i Desert,California 92260 Attention: City Manager APN: [Space Above For Recorder's Use Only] Exempt from recording fees pursuant to California Government Code Section 6103 ACCEPTANCE OF DEDICATION OF RIGHT OF WAY The City of Pa1m Desert, a California municipal corporation("Grantee"), hereby accepts the offer of dedication(the"Offe�'')of certain reai property located in Palm Desert, California, and more particularly described in Exhibit A attached hereto for right of way purposes(the "Right of Wa�')entered into by Palm Des�t North 80,LI.C,a California limited liability company("Granto�'), pursuant to tha.t certain Irrevocable Offer ofDedication dated as of , ,execut�d by Grantor in favor of Grantee and recorded in Official Records of Riverside County, California, on , ,as Instrument No. (the"Agreemeut"). The Oi�er, and this Acceptance of Dedication of Right of Way,arise from and aze made — pursuant to the Agreement_ The undersigned is authorized to execute this Acceptance of Dedication of Right of Way on behalf of Grantee pursuant to a resolution of the City Council of Grantee adopted on , a copy of which is attached hereto and incorporated herein by this reference_ ['This Space Intentionally Left Blank; Signature On The Next Page] a�ona_i �_� IN WTINESS WHEREOF,the undersigned has executed tlus Acceptance of Dedication of Right of Way as of , GRANTEE: CITY OF PALM DESERT, a California municipal corporation By: Name: Its: ATTEST: City Clerk STATE 4F CALIFORNIA ) ) ss. COUNTY OF RNERSIDE ) On ,before me, a Notary Public in and for the State of California, personally appeared 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 instrucnent and acknowledged to me that helshe executed the sa.me in his/her authorized capacity, and that by his/her signature on the instrument,the persoq or the ernity upon behalf of which the person acted,executed the instrument. _ WITNESS my hand and official seal. Notary Public in and for the State of California (SEAL) g�ons.i �-_� EXHISIT A LEGAL DE�CRIPTION OF RTGHT OF WAY (See Attached) s7orzs.t �_z RESOLUTION NO. RESOLUTI4N OF THE COUNCIL OF TI-�CITY OF PALM DESERT ACCEPTING AN IRREVOCABLE OFFER OF DEDICATION OF RIGHT OF WAY FOR THE WIDENING OF Tf�NORTH SIDE OF GERALD FORD DRIVE The City Council of the City of Palm Desert hereby determines, resolves and orders as follows: Pa1m Desert North 80,LLC,a California limited liability company("4wner"), is the fee owner of certain real property located in Palm Desert, California,and more particularly described in E3chibit A attached hereto(the"Property"). Ovsmer has previously entered itrto that certain Lxevocable Offer of Dedication of Right of Way dated as of ,and recorded in the Official Records of Riverside County, California, on , as Instrument No. (the "AgreemenY'), pursuant to which Owner irrevocably offered to dedicate to the City of Palm Desert, a California municipal corporation, a portion of the Property for right of way purposes, which portion is mare particularly described in Exhibit B attached hereto(the"Right of Way"). Such dedica.tion is required by, and is in confonmance with,the Palm Desert Municipal Code. City hereby accepts the urevocable offer to dedicate the Right of Way as set forth in the Agreement. The City Engineer is hereby authorized and directed to execute the Acceptance of Dedication of Right of Way in the form attached hereto as Exhibit C(the"Acceptance"). The City Clerk is hereby authorized and directeii to record the Acceptance in the Official Records of Riverside County, California, and to fumish a copy of this Resolution to�wner at the — address of record. [This Space Lrtentionally Left Blank;Continued On The Ne�ct Page] s�o72s.i �_a The City Clerk shall certify to the adoption of this Resolution and shall cause this Resolution and his/her certification to be entered in the Book of Resolutions of the City Council of the City of Palm Desert. Adopted: , Mayor of#he City of Palm Desert, California ATTEST: City Clerk APPROVED AS TO FORM: City Attorney APPROVED AS TO CONTENT City Ma.nager Director of Civil Engineering _ s�o�2g.i �_� EX�IT A TO RESOLUTION NO. LEGAL DESCRIPTION OF PROPERTY The land referred to herein is situated in the State of California, County of Riverside, City of PALM DESERT, described as follows: PARCEL B: IN TI�CITY OF PALM DESERT,COUNTY OF RIVERSIDE, STATE OF CALIFORIVIA, BEING A PORTION OF PARCEL 6 OF PARCEL MAP WAIVER 01-28, CERT�ICATE OF COMPLIANCE REC�RDED SEPTEMBER 7, 2001 AS INSTRI7MENT NO. 01-435770 OF OFFICIAL RECORDS, ALSO BEING IN THE SOUTH HALF OF SECTION 28 AND TI� NORTH HALF OF SECTION 33,TOWNSHIP 4 SOUTH,RANGE 6 EAST, SAN BERNARDINO BASE AND MERIDIAN,MORE PARTICULARLY DESCRIBED AS FOLLOWS: CONA�NCING AT TI-�NORTHWEST C�RNER OF SAID PARCEL 6, SAID CORNER ALSO BEING TI�WEST QUARTER CORNER OF SAID SECTION 28;'THENCE SOUTH 00°16'S9"EAST AI.,ONG TF�WESTERLY LINE OF'TI�SOUTHWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 1576.95 FEET TO TT-�TRUE POINT OF BEGINNING;THENCE NORTH 89°43'Ol"EAST, A DISTANCE OF 680.87 FEET TO TI� BEGINNING OF A 564 FOOT TANGENT CURVE, CONCAVE TO'THE SOUTH;THENCE EASTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 35°44'37",AN ARC DISTANCE OF 351.85 FEET; THENCE TANGENT TO SAID CURVE, SOUTH 54°32'22"EAST, A DISTANCE OF 778.97 FEET;TI-�NCE SOUT�A DISTANCE OF 437.37 FEET;THENCE SOUTH 47°20'S5" WEST, A DISTANCE OF 33.95 FEET; THENCE NORTH 89°56'08"EAST, A DISTANCE OF 122 FEET; TI�NCE NORTH 47°25'23"WEST A DISTANCE OF 33.99 FEET;THENCE NORTH, A DISTANCE OF 445.70 FEET TO THE — BEGINNING OF A 264 FOOT TANGENT CURVE, CONCAVE TO'1�EAST;THENCE NORfiHERLY, ALONG SAID CURVE,THROUGH A CENTRAL ANGLE OF 35°27'38", AN ARC DISTANCE OF 163.39 FEET; TI�NCE TANGENT TO SAID CURVE,NORTH 35°27'38" EAST, A DISTANCE OF 161.17 FEET;T�NCE NORTH 80°27'38"EAST, A DISTANCE OF 35.36 FEET;THENCE SOLTTH 54°32'22" EAST, A DISTANCE OF 162 FEET;TI-IENCE SOUTH 56°26'S5"EAST, A DISTANCE OF 360.20 FEET; TF�NCE AI,ONG A LINE PARALLEL OR COI�TCENTRIC WITH AND 72 FEET SOUTHWESTERLY AND WESTERLY(MEASURED PERPENDICULAR TO OR RADIALL� OF T'HE SOLI�['HWESTERLY AND WES'I'ERi,y LINE OF PARCEL 5 OF SAID PARCEL MAP WAIVER O1-28,THE FOLLOWING 3 COURSES: 1. SOUTH 54°32'22"EAST A DISTANCE OF 2149.72 FEET TO TF�BEGINNING OF A 264 FOOT TANGENT CURVE, CONCAVE TO TI�SOUTHWEST; g�orzs.t r� 2. THENCE SOUTHEASTERLY.ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 63°49'20"AN A,RC DISTANCE 4F 294.07 FEET TO TF�BEGINNII�TG OF A 1682 FOOT REVERSE CUR.VE, CONCAVE TO TF�EAST, A RADTAL TO SAID BEGINNING BEARS NORTH 80°43'02" WEST; 3. 'Tf�NCE SOUTf�RLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 12°59'30", AN ARC DISTANCE OF 381.39 FEET, TO TI-�BEGINNING OF A 264 FOOT REVERSE CURVE, CONCAVE TO TI�NORTHWEST A RADIAL TO SAID BEGINrTING BEARS NORTH 86°17'28"EAST, SAID BEGINNING ALSO BEING ON THE WESTERLY LINE OF TECHNOLOGY DRIVE RIGHT OF WAY DESCRIBED IN _ DOCiJMENT NO. 00-519849 REC�RDED DECEMBER 29, 2000 OF OFFICIAL RECORDS; THENCE SOUTHWESTERLY ALONG SAID CURVE AND SAID WESTERLY LINE, THROUGH A CENTRAL ANGLE OF 83°20'31", AN ARC DISTANCE OF 384.01 FEET, TO THE BEGINNING OF A 336 FOOT REVERSE CURVE, CONCAVE TO TI�SDUTHEAST A RADIAL TO SAID BEGINNING BEARS NORTH 10°22'O1" WEST;THENCE SOUTHWESTERLY AL�NG SAID CURVE AND CONTINUING ALONG SAID WESTERLY LINE,THROUGH A CENTRAL ANGLE OF 56°50'25" AN ARC DISTANCE OF 333.33 FEET; THENCE TANGENT TO SAID CUR.VE AND ALONG SAID WESTERLY LIlVE, SOUTH 22°47'34", A DISTANCE OF 117.79 FEET TO A POINT ON Tf� NORTI�ASTERLY LINE OF GERALD FORD DRIVE, 110 FEET WIDE, AS DESCRIBED IN INSTRUMENT NQ. 238527,RECORDED JiJLY 8, 1997 OF OFFICIAL RECORDS, AND TO TI�BE;GIlVNING OF A 945 FOOT NON-TANGENT CURVE CONCAVE TO TI-� NORTI�AST A RADIAL TO SAID BEGINNING BEARS SOUTH 24°58'33"WEST. THE FOLLOWIlVG 7 CUURSES ARE ALONG TI�NORTHEASTERLY AND NORTI�RLY LINES OF GERALD FORD DRI VE: 1. THENCE NORTHWESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 67°17'Sb" AN ARC DISTANCE OF 1109.98 FEET TO TI�BEGINNING 4F A 1055 FOOT REVERSE CURVE, CONCAVE TO THE SOUTHWEST A RADIAL TO SAID BEGIlVNING BEARS SOUTH 87°43'31"EAST; 2. TEIENCE NORTHWESTERLY ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 92°20'21", AN ARC DISTANCE OF 1700.26 FEET; 3. THENCE TANGENT TO SAID CURVE, SOLTTH 89°56'08"WEST,A DISTANCE OF 1615.27 FEET; 4- T'HENCE NORTH 85°06'40"WEST, A DISTANCE OF 150.56 FEET; 5. TF�NCE SOUTH 89°56'08" WEST, A DISTANCE OF 200 FEET; 6. THENCE NORTH 45°10'31" WEST, A DISTANCE OF 32.46 FEET; 7. 'THENCE SOUTH 89°43'O1" WE�T, A DISTANCE OF 23 FEET TO A POINT ON A LINE PARALLEL WTTFI AND 39 FEET EASTERLY OF T�-IE WESTERLY LINE OF Tf-iE SOUTHWEST QUARTER OF SAID SECTION 28; TI�NCE SOUTH 00°I6'S9"EAST s�o�ns.i r_� ALONG SAID PARALLEL LINE, A DISTANCE OF 90.82 FEET TO A POINT OF INTERSECTION OF TI�NOR'THERLY LINE OF TI�NORTHWEST QUARTER OF SAID SECTION 33,AND A LINE PARALLEL WITH AND 39 FEET EASTERLY OF THE WESTERLY LINE OF SAID NORTHWEST QUARTER;TH�'NCE SOUTH 00°OS'38"EAST ALONG LAST SAID PARALLEL LINE, A DISTANCE OF 329.01 FEET TO A POINT ON A LINE PARALLEL WITH AND 329.01 FEET SOUTf�RLY OF SAID NORTI�RLY LINE OF SAID NORTHWEST QUARTER; THENCE SOUTH 89°56"08" WEST ALONG LAST SAID PARALLEL LINE, A DISTANCE OF 39 FEET TO A POINT ON SAID WESTERLY LINE OF THE NORTAWEST QU.ARTER;THENCE NORTH 00°OS'38" WEST ALONG SAID WESTERLY LINE TO Tf�SOUTHWEST CORNER OF SAID SECTION 28, A DiSTANCE OF 329.01 FEET; TI�NCE NORTH 00°16'S9" WEST ALONG Tf� WESTERLY L1NE OF TI�SOUTHWEST QUARTER 4F SAID SECTION 28, A DISTANCE OF 1084.36 FEET TO THE TRUE POINT OF BEGINNING. s�mas.i �_Q EXH�IT B TO RESOLUTION NO. 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