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09
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2022
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071922
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7/14/2022 3:03:29 PM
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7/14/2022 2:27:16 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
7/19/2022
DESTRUCT DATE
15Y
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09 SUPPLEMENTAL
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GRa msc PAmpic Bsix.TEtEPtiow Cowmy APN: 941.13M17 mo 941.1300-1 S <br /> PROACr:JOHNSON DRIVE Ecowme DEVELOtsIMim"ZoME PRWWT <br /> excepts to We identified in the tyle report which are acceptable to CITY. in all other <br /> respects,the Fee and Easements are being sold, and the TCE is being granted,In their"as-Is" <br /> "where is"condition,without any representations or warranties by GRANTOR rung fitness for <br /> any particular use,condition,or compliance with laws and regulations The form of the Grant <br /> Deeds,the Easement Deeds and the TCE Agreement'shall be substantially as set forth in <br /> Attachments 2 and 2-1,Attachments 3 and 3-1 and Attachments 4 and 4-1,including their <br /> Exhibits A(Legal Description)and B(Plat Map). Additionafly,the TCE Agreement shad include <br /> t <br /> the Street improvement Pian as set forth In Attachment 5. <br /> 3. Purchase. <br /> A. ConsWeration. CITY shall pay the sum of Three Hundred Eighty-One and Thousand <br /> Severn-Pine and noll Ott Dollars($381,079.DO)to the Escrow Account as consideration for <br /> the Fee, Easements and TGE. <br /> B. Dedtictions. CITY may deduct and pay from the consideration any amount necessary to <br /> satisfy any Ions, bond demands end delinquent taxes due In any year prior to the year in <br /> which this escrow closes,but not far any Rens,bond demands or delinquent taxes due in the <br /> year in which this escrow doses.together with penalties and Interest,and/or delirquent and <br /> unpaid non-delinquent moments,which may have become alien at the dose of escrow. <br /> CITY will notify GRANTOR of any such deductions prior to payment. <br /> C. Current Taxes.Taxes for the tax year in which this escrow doses shall be cleared and <br /> paid in the manner required by Revenue and Taxation Code Section 5086 if unpaid at the <br /> dose of escrow. <br /> D. Escrow snit Title Qb§M_. CITY agrees to pay all escrow, rec orcUng and title insurance <br /> charges, If any,Incurred in this transaction. <br /> E. Q=Tille. Close of escrow for this transaction is contingent upon the tide company <br /> receiving deeds of reconveyance frau any deed of trust or mortgage holder trustees and <br /> beneficiaries. If the Property is secured by a mortgage(s)or deed(s)of trust GRANTOR is <br /> responsible for payment of any demand under authority of said rmor%ne or deed of trust <br /> out of GRANTOR's proceeds. Such amounts may Include,but not be limiloed to,payments <br /> of unpaid principal and Interest. <br /> F. ImDtcyvexnents.The consideration In Section 3.A.includes payment for the iclowing <br /> improvements: N/A. <br /> G. Cost to Ctare Danhacaes. N/A <br /> 4. Temporary Ceenstnwilon Easement. GRANTOR hereby grants to CITY a TCE in the form <br /> ofthe TCE Agreement over property described in Attachment 4,Exhibits A and B arid Attachment <br /> 4-1.Exhlbits A and B attached hereto and ma ft a part heroof. The TCE Agreemeert shad include <br /> the Street improvement Plan described in Attachment 5 attached hereto and made a pant hereof. <br /> The TCE Agreement shall be recorded at the dose of escrow and shall include the foR wing terms <br /> and oondWKm:the CnYs right of Ingress to and egress firm the covered property and the right <br /> at all times to enter and use said real property and every part thereof for all purposes conn <br /> with the construction of the proposed pubic improvement for a period of 12 months. Said period <br /> to commence with the first entry on GRANTOR's Property by CITY'S contractor after dose of <br /> escrow hereunder. At least 48 hours advance written notice will be given before; any entry on <br /> GRANTOR's Property. The amount sett forth in Clause 3 herein includes full payment for the <br /> TCE. <br /> r.E.saT <br />
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