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HomeMy WebLinkAboutMemorandum of Affordable Housing Restrictions and City Right to Acquire Propertyt JULIE'" =RODEWALD San Luie bispo County— Clerk/Recorder Recorded at the request of RECORDING REQUESTED, Jay, Ol RE RR YO CaR� JOE First American Title Company First American Title Compaq ,.�` '' 11rr pp�� D 0 C # • 2014028061 Titles: 1 Pages: AND WHEN RECORDED MA E 6' 131 AEU Fees City of Arroyo Grande Taxes 300 East Branch St Others Arroyo Grande, CA 93420 ," PAID Attn: City Clerk ,yY yr AG 7/17/2014 8:00 AM — A.P.N.:077- 201 -012- Space Above This Line for Recorder's Use Only 8 0.00 0.00 0.00 $0.00 File No.: 40_09-4577161-(1_13) This document is recorded for the benefit of the City of Arroyo Grande and is exempt from recording fees pursuant to Sections 6103 and 27383 of the California Government Code. MEMORANDUM OF AFFORDABLE HOUSING RESTRICTIONS AND CITY RIGHT TO ACQUIRE PROPERTY This document is being re- recorded to correct a typographical error in the legal description SEPARATE PAGE PURSUANT TO GOVT CODE 27361.6 RECORDED AT THE REQUEST OF AND WHEN RECORDED RETURN TO: City of Arroyo Grande 300 East Branch Street Arroyo Grande, CA 93420 Attn: City Clerk JULIE RODEWALD AR San Luis Obispo County— Clerk/Recorder 5/29/2014 Recorded at the request of 4:22 PM Public DOC #: 2014021212 Titles: 1 Pages: 4 Fees 0.00 Taxes 0.00 Others 0.00 PAID $0.00 (SPACE ABOVE THIS LINE FOR RECORDER'S USE) This Memorandum of City Right to Acquire Property is recorded at the request and for the benefit of the City of Arroyo Grande and is exempt from the payment of a recording fee pursuant to Government Code Section 27383. MEMORANDUM OF AFFORDABLE HOUSING RESTRICTIONS AND CITY RIGHT TO ACQUIRE PROPERTY This MEMORANDUM OF AFFORDABLE HOUSING RESTRICTIONS AND CITY RIGHT TO ACQUIRE PROPERTY ( "Memorandum ") is entered into this � day of ._Q /' 4. .1-0 t , by and between the CITY OF ARROYO GRANDE, a California municipal corporatio ( "City "), and the HOUSING AUTHORITY OF THE CITY OF SAN LUIS OBISPO, a public body, corporate and politic ( "HASLO "). This Memorandum is made with reference to the following: 1. HASLO is the owner of that certain real property located in the City of Arroyo Grande, County of San Luis Obispo, State of California, more particularly described in the legal description attached hereto as Exhibit "A" and incorporated herein by this reference ( "Site "). 2. On or about 2 -- I HASLO and City entered into that certain Funding Agreement ( "Agreement "), pursuant to which City agreed to provide financial assistance to HASLO to enable HASLO to acquire the Site for purposes of developing thereon an affordable housing project. 3. The Agreement provides (i) for HASLO or an affiliate non -profit organization (a " HASLO Affiliate ") to develop affordable housing on the Property in compliance with the terms of the Agreement and record an affordable housing regulatory agreement against the Property, or (ii) HASLO or, (ii) if a HASLO Affiliate owns the Property, for the HASLO Affiliate to transfer fee ownership of the Property to City if certain approvals have not been obtained within the timeframes set forth therein. 4. The Agreement further provides for HASLO and City to enter into this Memorandum and to record the same in the Official Records of San Luis Obispo County, California, to provide notice to all persons of the existence of said Agreement, which Agreement is binding on HASLO and HASLO's successors -in- interest as to the Site. 882/0214840005 6602301.2 a00/00/00 4. This Memorandum is not intended as a full description of the terms and conditions of the Agreement. This Memorandum shall not replace, alter, or modify any term or condition set forth in the Agreement, nor shall it be used to interpret the terms and conditions of the Agreement. 5. This Memorandum may be executed in several counterparts, and all so executed shall constitute one agreement binding on both parties hereto, notwithstanding that both parties are not signatories to the original or the same counterpart. IN, WITNESS WHEREOF, City and HASLO have entered into this Memorandum as of the date first- set forth above. -- "CITY" CITY OF ARROYO GRANDE, a California municipal corp rati on By: Print Name: Its: "AUTHORITY" "AUTHORITY" HOUSING AUTHORITY OF THE CITY OF SAN LUIS O SPO, a public body, corporate and politic J - Print , Its:j[Z�il/lilu , 882/021484 -0005 6602301.2 a00 /00 /00 -2- �T State of California ) County of -6 r On 3 ®� — ���� , before me, /' L- /�C� , (inscaarne and title of the officer) Notary Public, personally appeared -72h yi/ who proved to me on the basis of satisfactory evid6nce to be the person(g) whose name(g) is /are subscribed to the within instrument and acknowledged to me that he %kel4ey executed the same _ in his/1wxAhe4r authorized capacity0es), and that by his/l�r _signature(aj on the instrument the person(a), or the entity upon behalf of which the person(ayacted, 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. KITTY NORTON Commission # 1924921 WITNESS my hand and official seal. Notary Public - California San Luis Obispo C04W MV Comm. Ex ires Mar 9.2015 Signature (Seal) State of California ) County of 2D ) On before me, (� S�,l f �p��e/ Pit G, / (' Bert name and title of the offiter) Notary Public, persinally appeared S� Tj >� ►���G�- who proved to me on the basis of satisfactory evidence to be the person(g) whose nameks) is /ate subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his/her/their authorized capacity(i*, and that by his/her /tkeir signatureW on the instrument the person(a), or the entity upon behalf of which the persons)-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. C. CASILLAS WITNESS my hand and official seal. V. Commission 0 1886031 Notary Public - California San Luis Obispo County Comm. Mv Exolfss M&v 14.20141 - Signature __.��1� - - (Seal) - - 882/021484 -0005 66023012 a00 /00 /00 -3- EXHIBIT "A" LEGAL DESCRIPTION OF SITE PARCEM AT 224 S. HALCYON ROAD ALL THAT C°FiffAIN PROPERTY SITUATED IN THE CITY OF ARROYORANDE, COUNTY OF SAN LUIS MISPO, STATE OF CALIFORNIA, DESCRIBED AS FOLL WS: THAT PORTION OF LO-T,,,106 OF THE SUBDIVISION OF RANCHOSE CORRZY CDE PIEDRA, PISMO AND BOLSA DE CHEMISAL, I THE CITY OF ARROYO GRANDE, IN THE CO OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AC ORDING TO MAP FILED FOR RECORD IN HE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, ESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE ESTERLY LINE OF CIENE A ROAD (NOW HALCYON ROAD) DISTANT THEREON SOUTH 0 008' W Tt 57.5 FEET FROM TAKE S.4 AS SHOWN ON MAP OF FOLSOM TRACT FILED FOR RECORD EMBER 26, 1 1, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE NH 89° 52' W ST, 239.65 FEET TO THE WEST LINE OF THE PROPERTY CONVEYED TO ADDISON B. RECORDED MAY 18, 1950 IN BOOK 565, PAGE WEST ALONG THE WESTERLY LINE OF THE NORTHWEST CORNER OF THE PROPERTY CON) BY DEED DATED MAY 2," 1960 AND IFFICIAL RECORDS; THENCE SOUTH O° 08' RTY SO CONVEYED 100 FEET TO THE D JAMES BROWN, ET US., BY DEED DATED AUGUST 7, 1951 AND RECORDED AUGUST 19 IN BOOK 623, PAGE 186 OF OFFICIAL RECORDS; THENCE NORTH 890 42' EAST A r G THE RTHERLY LINE OF THE PROPERTY SO CONVEYED 100 FEET TO THE SOUTHEAS CORNER THE OF; THENCE SOUTH 890 52' EAST, 64.65 FEET TO THE SOUTHWEST CORN OF THE PROPER CONVEYED TO ADDISON B. WOOD ET UX., BY DEED DATED MARCH 27, 1 52 AND RECORDED AP L 1, 1952 IN BOOK 651, PAGE 572 OF OFFICIAL RECORDS. THENC NORTH O° 08' EAST ALON THE WESTERLY LINE OF THE PROPERTY CONVEYED 100 FEET T THE NORTHWEST CORNER TH EOF; THENSE SOUTH 890 52' EAST ALONG THE NORTHERLY INE Or •THE PROPERTY CONVEYED WOOD, AS AFORESAID, 75 FEET TO THE EASTERLY LIN OF CIENEGA ROAD (NOW HALCYON RO �, THENCE NORTH 00 08' EAST ALONG SAID EASTE Y LINE 100 FEET TO THE POINT OF BEGINNIN EXCEPTING THEREFROM HAT PORTION OF SAID LAND IN DEED TO THE Criz OF ARROYO GRANDE, RECORDED N , EMBER 25,1964 IN BOOK 1325, PAGE 698 OF OFFICIAL CORDS. END OF DOCUPAENT STATE OF CALIFORNIA } } ss. COUNTY OF SAN LUIS OBISPO } On July 16, 2014, before me, L. A. BERTRAND, a Notary Public, personally appeared SCOTT SMITH, who proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his/her /their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature Notary Name: L. A. BERTRAND Commission Expiration Date: 9 -16 -2017 SOS Vision Fort SAS03CA Rev 06/23/99 L. A. BERTRAND Commission # 2038021 Z :-�+ Notary Public - California z Z San Luis Obispo County My Comm. Ex ires Se 16, 2017 CALIFORNIA • ACKNOWLEDGMENT .— .1 ........ � State of California County of 519M La; 5 t!:9161 �� D On D 7-- /&P — Iy before me, n)A&nL/ Audi / G , Date Here Insert Narnifand Title of the Officer personally appeared KITTY NORTON Commission # 1924921 Notary Public - California San Luis Obispo Cognty - M Comm. es Mu 9.2015 Place Notary Seal Above who proved to me on the basis of satisfactory evidence to be the person(@) whose name(o is /af&subscribed to the within instrument and acknowledged to me that he /sf @AW;Iy executed the same in his /heAHeirr authorized capacity(4@0, and that by his /ho0gi6r signature(e)'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 ignature of Notary Public OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Individual ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ Ger ❑ Attorney in Fact ❑ Trustee- - ❑ Guardian or Conse ❑ Other: i Signer Is RIGHTTHUMBPRINT OF SIGNER of Pages: Signer's Name: ❑ Individual ❑ Corporate Officer — Title(s): n D­ +nor — r7 I imi +o.d n r_ener ❑ Attorney in Fact - ❑ Trustee - El Guardian or Conservator ❑ Other: Signer Is Representing: RIGHTTHUMBPRINT OF SIGNER ... h, Imb her '.✓� %�✓ %�✓ %�✓-i �r�s. -r - �'�s: <.- �'.�"�'.c:.r- ?'::✓a:s:- tic :c�✓✓✓.:✓.�✓ti.�✓c:?'.�✓ <:�'.:ti - r:�✓.:-:.- ✓.�✓..�:Cl:�.: EXHIBIT "A" LEGAL DESCRIPTION OF SITE PARCEL 1 AT 224 S. HALCYON ROAD ALL THAT CERTAIN PROPERTY SITUATED IN THE CITY OF ARROYO GRANDE, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, DESCRIBED AS - -- -- - --FOLLOWS--.- - -- - -- - - __ - - - --- : - -- - -- THAT PORTION OF LOT 106 OF THE SUBDIVISION OF RANCHOSE CORRAL DE PIEDRA, PISMO AND BOLSA DE CHEMISAL, IN THE CITY OF ARROYO GRANDE, IN THE COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO MAP FILED FOR RECORD IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS- BEGINNING AT A POINT ON THE WESTERLY LINE OF CIENEGA ROAD (NOW HALCYON ROAD) DISTANT THEREON SOUTH 0 008' WEST, 57.5 FEET FROM STAKE S.4 AS SHOWN ON MAP OF FOLSOM TRACT FILED FOR RECORD SEPTEMBER 26, 1891, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE NORTH 89 °52' WEST, 239.65 FEET TO THE WEST LINE OF THE PROPERTY CONVEYED TO ADDISON B. WOOD, ET UX., BY DEED DATED MAY 2, 1960 AND RECORDED MAY 18, 1950 IN BOOK 565, PAGE 86 OF OFFICIAL RECORDS; THENCE SOUTH 0 °08' WEST ALONG THE WESTERLY LINE OF THE PROPERTY SO CONVEYED 100 FEET TO THE NORTHWEST CORNER OF THE PROPERTY CONVEYED TO JAMES BROWN, ET UX., BY DEED DATED AUGUST 7, 1951 AND RECORDED AUGUST 21, 1951 IN BOOK 623, PAGE 186 OF OFFICIAL RECORDS; THENCE NORTH 89 142' EAST ALONG THE NORTHERLY LINE OF THE PROPERTY SO CONVEYED 100 FEET TO THE NORTHEAST CORNER THEREOF; THENCE SOUTH 0 008' WEST ALONG THE EASTERLY LINE OF THE PROPERTY CONVEYED TO BROWN, AS AFORESAID, 100 FEET TO THE SOUTHEAST CORNER THEREOF; THENCE SOUTH 89 052' EAST, 64.65 FEET TO THE SOUTHWEST CORNER OF THE PROPERTY CONVEYED TO ADDISON B WOOD, ET UX., BY DEED DATED MARCH 27, 1952 AND RECORDED APRIL 1, 1952 IN BOOK 651, PAGE 572 OF OFFICIAL RECORDS, THENCE NORTH 0 °08' EAST ALONG THE WESTERLY LINE OF THE PROPERTY CONVEYED 100 FEET TO THE NORTHWEST CORNER THEREOF; THENCE SOUTH 89 052' EAST ALONG THE NORTHERLY LINE OF THE PROPERTY CONVEYED TO WOOD, AS AFORESAID, 75 FEET TO THE EASTERLY LINE OF CIENEGA ROAD (NOW HALCYON ROAD); THENCE NORTH 0 008' EAST ALONG SAID EASTERLY LINE 100 FEET TO THE POINT OF BEGINNING. EXCEPTING THEREFROM THAT PORTION OF SAID LAND IN DEED TO THE CITY OF ARROYO GRANDE, RECORDED NOVEMBER 25, 1964 IN BOOK 1325, PAGE 698 OF OFFICIAL RECORDS. APN: 077 - 201 -012 END OF DOCUMENT END OF DOCUMENT