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Resolution No. 91311 2 3 4 5 6 7 8 Al 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 9131 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A TEMPORARY EASEMENT AGREEMENT BY AND BETWEEN THE CITY OF VERNON AND KBB INVESTMENTS FOR PROPERTY LOCATED AT 4800 26TH STREET IN VERNON WHEREAS, KBB Investments ("KBB") is the owner of property located at 4800 26t� Street, Vernon, California which is directly south of 26th Street (the "Property"); and WHEREAS, the City of Vernon desires to perform street improvement work in and around 26th Street which will include, among other things, extending 26th Street with a bridge over Atlantic Boulevard and constructing a new roadway to Bandini Boulevard (the "26th Street Improvement"); and WHEREAS, the proposed 26th Street Improvement will alleviate traffic congestion, improve traffic flow, adequately handle storm water runoff and resolve related issues; and WHEREAS, in order to perform the 26th Street Improvement, the City needs to (a) use a portion of the Property for temporary staging of its construction operations, (b) remove or relocate power poles and construct, access, and maintain a power pole and aerial 'lines across a portion of the Property, and (c) make necessary improvements to the Property; and WHEREAS, the City and KBB have completed negotiation of an agreement for access to and use of a temporary easement over and upon a portion of the Property for the 26th Street Improvement; and WHEREAS, City staff have recommended that an agreement be entered into with KBB; and 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 WHEREAS, the City Council of the City of Vernon has determined that, pursuant to the provisions of subsection (a) of Section 2.27 of the Vernon City Code, it is in the public interest and necessity to enter into a Temporary Easement Agreement with KBB setting forth the terms and conditions for access to and use of a temporary easement over and upon a portion of the Property for the 26th Street Improvement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby finds and determines that the recitals contained hereinabove are true and correct. SECTION 2: The City Council of the City of Vernon hereby approves the Temporary Easement Agreement with KBB, a copy of which is attached hereto as Exhibit A and incorporated by reference. SECTION 3: The City Council of the City of Vernon hereby authorizes the Mayor to execute said Agreement for, and on behalf of, the City of Vernon and the Acting City Clerk is hereby authorized to attest thereto. SECTION 4: The City Council of the City of Vernon hereby authorizes and empowers the Acting City Clerk, or his designee, to execute such other agreements and documents and to take such actions as may be necessary or convenient to carry out the City's obligations hereunder and to effect the purposes of the Agreement and the transactions therein authorized. SECTION 5: The City Council of the,City of Vernon hereby directs the Acting City Clerk, or his designee, to send one fully executed Agreement to: - 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 KBB Investments c/o Anthony Brent Corporation P. 0. Box 10235 Beverly Hills, CA 90213 SECTION 6: The Acting City Clerk of the City of Vernon shall certify to the passage of this resolution, and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 20th day of September, 2006. ATTEST• BRUCE v.LAALKENHORST, JR. Acting City Clerk EONIS C. MAtBURG, Mayor - 3 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STATE OF CALIFORNIA COUNTY OF LOS ANGELES ss I, BRUCE V. MALKENHORST, JR., Acting City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 9131, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Wednesday, September 20, 2006, and thereafter was duly signed by the Mayor of the City of Vernon. (SEAL) BRUCt MALKENHORST, JR. Actin City Clerk - 4 - EXHIBIT A Recorded at the request of and when recorded mail to: City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Attn: Acting City Clerk Space above this line for Recorder's use This document is recorded for _the -benefit of the City _of Vernon and is therefore exempt from the payment of the recording fee pursuant to Government Code Section 6103 and from the payment of the documentary transfer tax pursuant to Revenue and Taxation Code Section 11922. TEMPORARY EASEMENT AGREEMENT Assessor's Parcel Number: 6332-001-002 This TEMPORARY EASEMENT AGREEMENT (this "Easement Agreement"), dated , 2006, for reference purposes only, is entered into by and between KBB Investments, a California general partnership ("Grantor"), and the City of Vernon, a body corporate and politic ("Grantee"), with respect to the following facts and objectives: A. Grantor is the owner of certain real property located at 4800 201 Street, Vernon, California, as more particularly described on Exhibit "A" attached hereto and incorporated herein by this reference (the "Grantor Parcel"). The Grantor Parcel is located directly south of 26th Street in Vernon, California. B. In order to alleviate traffic congestion, improve traffic flow, adequately handle storm water runoff, and resolve related issues, Grantee intends to perform street improvement work in and around 26th Street. Grantee's street improvement work will include, among things, extending 26th Street with a bridge over Atlantic Boulevard and constructing a new roadway to Bandini Boulevard. These improvements will directly benefit the Grantor Parcel by providing the Grantor Parcel with access from both the east and the west onto 26th Street. In connection with the proposed improvements, Grantee desires to (1) use a portion of the Grantor Parcel for temporary staging of its construction operations associated with the street improvement work, and (2) remove or relocate power poles and construct, access, and maintain a power pole and aerial lines across a portion of the Grantor Parcel. 01910/0019 1203 85.8 C. Grantee's street improvements will also require that certain improvements be made to the Grantor Parcel, and the parties agree that Grantee will make required improvements to the Grantor Parcel, as further described below. D. Grantor is willing to grant a temporary construction easement to Grantee for the purpose of making the street improvements and the improvements to the Grantor Parcel described below, and Grantee agrees to make the street improvements and the improvements to the Grantor Parcel as described below, all on the terms and conditions of this Easement Agreement. Collectively, the street improvements and the improvements to be made to the Grantor Parcel are referred to as the "Improvements". E. Grantor is further willing to grant to Grantee the right to remove or relocate power poles, and construct, access, and maintain a power pole and aerial lines across a portion of the Grantor Parcel. NOW, THEREFORE, FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Grantor and Grantee hereby agree as follows: 1. Grant of Easement. Subject to the work time restrictions defined in paragraph 3 hereinbelow, Grantor hereby grants to Grantee, its employees, agents, contractors, and consultants (collectively, the "Grantee Parties") access to and use of a temporary easement over and upon a portion of the Grantor Parcel (only to be used for construction of storm drain and repaving the parking lot on Grantor's Parcel and construction of the wet well, retaining walls in the public right of way and construction and maintenance of aerial lines on Grantor's Parcel) to allow Grantee to (i) stage and perform the construction of certain street improvements and the construction of certain improvements on the Grantor Parcel, each as further described below, and to (ii) construct, access, and maintain a power pole and aerial power lines across a portion of the Grantor Parcel. The portion of the Grantor Parcel that will be used for the purposes described in clause (i) above is shown on the depiction attached hereto as Exhibit "B- 1 ", and the portion of the Grantor Parcel that will be used for the purposes described in clause (ii) above is shown on the depiction attached hereto as Exhibit "B-2" and further described in the legal description attached hereto as Exhibit "C". Collectively, Grantee's rights described herein are referred to as the "Easement", and the portions of the Grantor Parcel that are depicted in Exhibits "B-1" and "B-2" are collectively referred to as the "Easement Area". Without limiting the generality of the purpose of the Easement, the Easement shall include (a) the right of access, ingress, and egress of persons, vehicles, and equipment to, on, and over the Easement Area; (b) pertaining to only time when work is being specifically done on Grantor's property and relative to the construction of the wet well and retaining walls, the right to use, operate, and to stage construction on the Easement Area; (c) the right to close access to the driveway on the Grantor Parcel located closest to the building on the Grantor Parcel, and, subject to the time restrictions hereafter defined, the right to close access to and to close use of the Easement Area portion of the parking lot located -on the Grantor Parcel; (d) the right to grade, and permanently change the 01910/0019 120385.8 2 P 11 elevation and degree of inclination of a portion of the Grantor Parcel, (e) the right, at Grantee's sole option, to fence a portion (fence line not to extend further than 5 feet south of the southerly boundary line of 261h Street onto Grantor's Parcel by 190 feet wide) of the Easement Area during the construction of the wet well and retaining walls; (f) the right to connect, replace, operate, maintain, move or install any utilities, cables and conduits above or below ground on the Easement Area; (g) the right to construct those portions of the Improvements that are located on the Grantor Parcel (such as the storm drain and the paving of the parking lot); and (h) on the portion of the Grantor Parcel depicted in Exhibit "B-2" and legally described in Exhibit "C", the exclusive right to construct, access, use, maintain, alter, add to, enlarge, repair, replace, inspect, and remove, at any time and from time to time, power poles, guy wires, and overhead electric lines and communication circuits with necessary appurtenances, for conveying electric energy to be used for light, heat, power, telephone, and other purposes. Grantee shall instruct its contractor to use reasonable efforts to coordinate the construction of the Improvements with Grantor's tenant(s) to minimize, to the extent reasonably practical under the circumstances, the impact of the construction on the tenant(s)' access to and use of Grantors Parcel. Grantee, however, shall have a limited right to use of the Easement Area in order to facilitate the construction of the Improvements, and Grantor acknowledges that, from time to time, for varying periods of time, depending on the demands of construction, the Grantee may fence off (as defined in the foregoing) a portion of the Easement Area, and, during such times, Grantee shall have exclusive use of the portion or all of the Easement Area, as fenced by Grantee. Grantee may block off the entire Easement Area shown on Exhibit `B-1" only for the purpose of repaving Grantor's parking lot, which work shall be done during off hours as hereinafter defined in paragraph 3. 2. Description of Improvements. Grantee intends to construct the following Improvements on or about 26t1 Street, Vernon, California and on the Grantor Parcel, each of which is depicted on the diagram attached hereto as Exhibit "D". (a) Wet Well, Transformer Vault, and Panel. The wet well will be buried under 26t1i Street, directly north of the Grantor Parcel. The transforiner vault will be buried under 26t1i Street, and the panel placed on the sidewalk, both directly north of the Grantor Parcel. (b) Storm Drain. As a result of the construction of the wet well, it will be necessary to construct a stonn drain which will be located on the Grantor Parcel immediately south of the wet well in the parking lot area of the Grantor Parcel to drain Grantor's Parcel. (c) Retaining Wall. A perimeter retaining wall will be located on 26t1i Street, but will abut the building on the Grantor Parcel. The footings for the retaining wall will be adjacent to the footings for the Grantor's building (which footings extend onto the public right of way). Although the footings will be close to each other, Grantee's construction of Grantee's new footings shall not impair or adversely affect Grantor's footings. Grantee shall have 01910/0019 120385.8 all property lines surveyed by a licensed surveyor to insure that no encroachments will occur due to any improvements made by Grantee. (d) Bridge. A bridge will be constructed over Atlantic Boulevard, adjacent to the building located on the Grantor Parcel. (e) Staircase, Sidewalk, Street, and Parking Lot. As a result of the construction of the bridge and the retaining wall, the street and sidewalk adjacent to the Grantor Parcel will be raised (by approximately 8 feet, at the highest point), such that a staircase will be required for access from the Grantor Parcel to the raised street and sidewalk. Grantee will construct the staircase, which will be located on the Grantor Parcel. Grantee will also (i) repave the street and repair the sidewalk that are affected by its Improvements, (ii) repave the parking lot located on the Grantor Parcel, (iii) construct a new driveway approach, and -(iv) construct a wrought iron gate at the building front entry area on 26th Street. 3. Interference by Grantee. In connection with its use of the Easement Area, Grantee shall use reasonable efforts to minimize interference with the use and quiet enjoyment of any legal occupant of the balance of the Grantor Parcel; provided, however, that Grantor acknowledges and agrees that the proposed staging and construction will require use of the Easement Area as defined hereinabove and will require the closure of one driveway onto the Grantor Parcel (the driveway that is closest to the building). Grantor acknowledges that the driveway closest to the building will not be usable during staging and construction. Grantor and Grantee acknowledges, however, that there is street parking available on 26th Street and that there is a second driveway that provides ingress and egress onto the Grantor Parcel that will adequately provide for ingress and egress during the term of the construction. Grantor further acknowledges that, by the very nature of the construction, there will be dust, noise, debris, truck traffic, and other annoyances and disturbances during the term of this Agreement, and agrees that the Grantee may, nonetheless, continue its improvement work providing Grantee makes diligent efforts to favorably mitigate the effect of the foregoing described conditions and/or interference. Grantee shall accommodate the business being operated on the Grantor Parcel, by conducting the storm drain work and paving work that would materially and adversely affect access to the loading docks located on the Grantor Parcel during off -business hours Monday through Saturday (work shall be done prior to 8:00 AM and not before 7:00 PM Monday through Saturday) and Sundays, except Grantee may use up to12 Saturdays for construction during the term of this agreement. During the construction of the wet well, retaining wall, and the replacement of the Grantor's property line wall, the Grantee may place a temporary fence parallel with and approximately five (5) feet south of the 26t" Street right of way line and adjoining the areas being improved. 4. Term. This Easement Agreement shall commence upon mutual execution of this Easement Agreement and shall automatically terminate (without the need for any additional documentation) and become null and void on the earlier of (a) the date which is 01910/0019 120385.8 4 one and one-half (1 112) years from the date of commencement of construction of the Improvements, which commencement date is estimated to be in October 2006; provided, however, that this Easement Agreement shall automatically be extended for two (2) three-month extension terms if Grantee notifies Grantor of its intent to so extend the term at least thirty (30) days prior to the expiration of the initial term or the first extension term, as applicable, and (b) the date on which the Grantee has completed the Improvements. At the termination of the Easement Agreement, Grantee, at Grantee's sole cost and expense, shall restore the Easement Area to usable condition, clean and free of debris, and in good order and repair, and shall record a Termination of Easement Agreement. Upon commencement of this Easement Agreement, Grantee shall have access to the Easement Area in the manner in which has been defined hereinabove in paragraph 1. At such time as this easement shall terminate, or in the event Grantee has not commenced construction on or before May 1, 2007, Grantee shall execute, acknowledge and deliver to Grantor a quitclaim or other written termination of the rights under this easement in form acceptable for recording in the office of the County Recorder acknowledging the termination of this easement. 5. Representations of Grantor. Grantor represents and warrants that he is the sole and exclusive owner of the Grantor Parcel, and that he has full right, power, and authority to enter into this Easement Agreement, and to grant to Grantee the Easement described herein. Grantor represents and warrants that this Easement Agreement and all of the terms and conditions contained herein are valid and binding obligations upon Grantor. Grantor is currently leasing the Grantor Parcel to tenant(s) and Grantor represents and warrants that, during the term of this Easement Agreement, Grantor will not, and Grantor will, if reasonably possible, cause the tenant(s) to not (a) interfere in any way with the rights granted to Grantee hereunder, (b) place any vehicles, equipment, personal property, real property, or improvements that will interfere with the construction of the Improvements within the Easement Area; (c) use or permit the use of hazardous materials on or under the Easement Area; (d) plant any trees, shrubs, or landscaping on the Easement Area; or (e) claim any interference with business operations, profitability, convenience, access, or business opportunities. Grantor hereby releases Grantee from all of such claims. 6. Representations of Grantee. Grantee represents and warrants that it will construct the Improvements described herein in the public right of way and on the Grantor Parcel, as applicable, at Grantee's sole cost and expense. All of such construction shall be conducted in accordance with all applicable laws, and with good materials and workmanship. Grantee shall not use any hazardous materials or substances or generate any hazardous wastes on the Grantor Parcel in violation of any applicable laws. Grantee represents and warrants that this Easement Agreement and all of the terms and conditions contained herein are valid and binding obligations upon Grantee. 7. Indemnity. Grantee shall be responsible for and shall indemnify, defend 01910/0019 120385.8 5 and hold Grantor harmless from and against any and all damages, expenses (including without limitation reasonable attorney's fees and costs), claims, causes of action, and costs, including without limitation, the cost of all repairs, maintenance and improvements necessary to correct any damage to the Grantor Parcel which are necessitated by or result from any or all of the following: (a) Grantee's or Grantee's Parties' use of the Easement Area or any work, activity or other thing allowed or permitted to be done by Grantee in or about the Easement Area; or (b) any negligent or wrongful act or omission of the Grantee or a Grantee Party. This indemnity obligation shall survive the termination of this Easement Agreement. Grantee shall conduct its construction so as to cause no mechanic's, material man's or other lien to be filed against the Grantor's property, and Grantee hereby agrees to indemnify, defend and hold harmless Grantor from and against any damages, liabilities, penalties, losses, costs (including, without limitation, actual attorneys' fees), expenses, causes of action, demands, claims and judgments in connection with any such lien that may be filed against the Grantor. 8. Insurance. With regard to liability coverage, Grantee is self insured for $ 2 million and carries two excess policies in the amount of $10 million each for a total of $ 2 0 million. From the commencement of construction of the Improvements through the termination of this Easement Agreement, Grantor shall obtain and keep in force a policy or policies in the name of Grantor, with loss payable to Grantor and to any lender(s), and the Anthony Brent Corporation as Additionally Insured, insuring against loss or damage to the Grantor Parcel. Grantor agrees to have its insurance company issuing property damage insurance waive any right to subrogation that such company may have against Grantee. 9. Notices. All notices under this Easement Agreement shall be in writing and shall be effective upon receipt (or refusal to accept delivery), whether delivered by personal delivery, recognized overnight delivery service, telecopy, or sent by United States registered or certified mail, return receipt requested, postage prepaid, addressed to the respective parties as follows: If to GRANTOR: KBB Investments C/o Anthony Brent Corporation PO Box 10235 Beverly Hills, CA 9 0 213 Fax: (310) 247-7172 If to GRANTEE: City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Attn: Kevin Wilson Fax: (323) 826-1435 01910/0019 120385.8 6 Any party can notify the other party of their change of address by notifying the other party in writing of the new address. 10. Covenant Running with the Land; Binding Effect. The Easement granted hereunder is a covenant running with the land, as set forth in California Civil Code Section 1468. Grantor shall have the right without Grantee's consent to sell, assign, lease, or gift its interest in the Grantor Parcel, including the Easement Area; provided, however, that the Easement granted herein shall be a covenant running with the land and shall remain in full force and effect notwithstanding any transfer of the Grantor Parcel or the Easement Area, and regardless of any lease or other agreement with a legal occupant of the Grantor Parcel. Grantee shall not assign its rights and obligations under this Easement Agreement. This Easement Agreement is binding upon and shall inure to the benefit of the successors and assigns of Grantor and Grantee. 11. Miscellaneous. This Easement Agreement shall be governed by and interpreted under the laws of the State of California. If any action or proceeding is commenced by any party to enforce the teens of this Easement Agreement, the prevailing party shall be entitled to recover from the other party reasonable attorneys' fees and costs in addition to any other relief awarded by the court. This Easement Agreement is the full and entire agreement between the parties as to the matters set forth herein, and supersedes and replaces any and all prior or contemporaneous oral or written agreements, discussions, negotiations, or correspondence in regard to the matters set forth herein. This Easement Agreement may be executed in several counterparts and all such executed counterparts shall constitute one agreement, binding on all of the parties hereto. 01910/0019 120385.8 7 Executed as of the date first above written. KBB Investments, a California general partnership : 6W &—ew+ coy, L.Z-e OF13h-eril Co,"10� �tB�3 P-n v -4 l- By: CITY OF VERNON By: LEONIS C. MALBURG, Mayor ATTEST: BRUCE V. MALKENHORST, JR. ACTING CITY CLERK APPROVED AS TO FORM: ERIC T. FRESCH, City Attorney 01910/0019 120385.8 ACKNOWLEDGMENT STATE OF �-//. COUNTY OF Lv S e , -Pe- �Qs On Se before me, /1�,%,� i �%a /�a , a notary public in and for fhe State of r& o,- /1 i"� , personally appeared /�64-7' proved to me on the basis of satisfactory evidence to be the person(s) whose' iame(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. WITNESS my hand and official seal. Signature: ACKNOWLEDGMENT STATE OF COUNTY OF On NIKKI VALLOT COMMIsslon # 1425100 Notary Public - Calltornia Los Angeles County My Comm. Expires Jul 14,201 a notary public in and for the State of , personally appeared 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. before me, WITNESS my hand and official seal. Signature: 01910/0019 120385.8 9 EXHIBIT "A" LEGAL DESCRIPTION OF GRANTOR PARCEL 01910/0019 120385.8 Exhibit A PARCEL 1: THAT PORTION OF LOT 92 OF THE RANCHO LAGUNA, IN THE CITY OF VERNON, IN THE COUNTY OF LOS AMC =S, STATE OF CALIFORNIA, AS SHOWN ON MAP THEREOF FILED AS EXHIBIT "A" IN THE LOS ANGELES SUPERIOR COURT, CASE NO. B-25296, A CERTIFIED COPY OF WHICH IS RECORDED IN BOOK 6387 PAGES 1, ET SEQ., OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF ATLANTIC BOULEVARD, AS DESCRIBED IN PARCEL 1 OF .THE DEED TO THE.STATE OF CALIFORNIA, RECORDED IN BOOK 42200 PAGE 25,3,.OFFICIAL RECORDS OF SAID COUNTY, WITH THE SOUTHERLY LINE OF.26TH STREET, 60 FEET WIDE, AS WIDENED, BY DEED RECORDED IN BOOK 3927 PAGE 83 OF SAID OFFICIAL RECORDS; THENCE ALONG SAID SOUTHERLY LINE, NORTH 68 DEGREES 00 MINUTES 11 SECONDS WEST 288.89 FEET TO -THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN THE DEED TO OLTMANS CONSTRUCTION COMPANY, RECORDED ON APRIL 9, 1958 IN BOOK D-66 PAGE 802 OF SAID OFFICIAL RECORDS, AS INSTRUMENT NO. 255; THENCE SOUTHERLY ALONG THE WESTERLY BOUNDARY OF SAID LAST MENTIONED LAND (BEING A CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 423.77 FEET, A RADIAL LINE OF SAID CURVE TO SAID NORTHWESTERLY CORNER BEARS NORTH 72 DEGREES 54 MINUTES 51 SECONDS EAST THROUGH A CENTRAL ANGLE OF 18 DEGREES 19 MINUTES 18 SECONDS, AN ARC DISTANCE OF 135.51 FEET TO THE TRUE POINT OF BEGINNING; THENCE LEAVING SAID WESTERLY BOUNDARY, NORTH 38 DEGREES 30 MINUTES 31 SECONDS WEST 72.56 FEET.TO THE BEGINNING OF A CURVE CONCAVE NORTHEASTERLY TANGENT TO SAID LAST MENTIONED COURSE AND HAVING A RADIUS OF 359.27 FEET; THENCE NORTHWESTERLY ALONG SAID LAST MENTIONED CURVE THROUGH A CENTRAL ANGLE OF 9 DEGREES 36 MINUTES 00 SECONDS, AN ARC DISTANCE OF 60.20 FEET; THENCE TANGENT TO SAID LAST MENTIONED CURVE, NORTH 28 DEGREES 54 MINUTES 31 SECONDS WEST 36.47 FEET; THENCE NORTH 30 DEGREES 00 MINUTES 11 SECONDS WEST 35.55 FEET TO THE SOUTHERLY LINE OF SAID 26TH STREET, 60 FEET WIDE; THENCE ALONG SAID STREET, NORTH 68 DEGREES 00 MINUTES 11 SECONDS WEST 193.00 FEET, MORE OR LESS, TO THE WEST LINE OF THE LAND DESCRIBED IN PARCEL "A" OF THE DEED TO A. R. PEARSON TRUCK COMPANY, RECORDED ON APRIL 18, 1955 IN BOOK 47507 PAGE 364, OFFICIAL RECORDS, AS INSTRUMENT NO. 59 OF SAID COUNTY; THENCE ALONG SAID LAST MENTIONED WEST LINE, SOUTH 30 DEGREES 32 MINUTES 00 SECONDS WEST 114.99 FEET OT THE BEGINNING OF A CURVE CONCAVE EASTERLY HAVING A RADIUS OF 165.00 FEET; THENCE SOUTHERLY ALONG SAID CURVE (BEING ALSO THE WEST LINE OF SAID LAST MENTIONED DEED) THROUGH AN ANGLE OF 79 DEGREES 29 MINUTES 42 SECONDS, A DISTANCE OF 228.93 FEET TO THE NORTH LINE OF THE LAND DESCRIBED IN THE DEED TO A.. R. PEARSON TRUCK COMPANY, RECORDED ON NOVEMBER 20, 1959 IN BOOK D-670 PAGE 888, OFFICIAL RECORDS, AS INSTRUMENT NO. 4547 OF SAID COUNTY; THENCE ALONG SAID LAST MENTIONED NORTH LINE, SOUTH 67 DEGREES 57 MINUTES 49 SECONDS EAST TO THE MOST WESTERLY CORNER OF SAID LAST MENTIONED LAND; THENCE ALONG .THE SOUTHERLY AND EASTERLY BOUNDARY LINES OF SAID LAST MENTIONED LAND, AS FOLLOWS: SOUTH 53 DEGREES 51 MINUTES 38 SECONDS EAST 163.71 FEET; SOUTH 32 DEGREES 59 MINUTES 23 SECONDS EAST 83.17 FEET; SOUTH 73 DEGREES 25 MINUTES 23 SECONDS EAST 33.19 FEET AND NORTHEASTERLY 106.22 FEET TO THE -5- LOAN MODIFICATION May 12. 1999 MOST EASTERLY CORNER OF SAID LAST MENTIONED LAND; THENCE ALONG THE SOUTHEASTERLY PROLONGATION OF THE NORTHEASTERLY LINE OF SAID LAST MENTIONED LAND, SOUTH 67 DEGREES 57 MINUTES 49 SECONDS EAST TO THE MOST SOUTHERLY CORNER OF THE LAND DESCRIBED AS PARCEL "B" IN SAID BOOK-47507 PAGE 364,, OFFICIAL RECORDS OF SAID COUNTY; THENCE NORTHEASTERLY ALONG THE SOUTHEASTERLY LINE OF THE LAST MENTIONED LAND TO AND ALONG THE SOUTHEASTERLY LINE OF THE LAND DESCRIBED IN PARCEL 1 OF THE DEED TO A. R. PEARSON TRUCK COMPANY, INCORPORATED, RECORDED -ON AUGUST--2-9, 1958 IN BOOK D-201 PAGE 573, OFFICIAL RECORDS, AS INSTRUMENT NO. 1610 OF SAID COUNTY, TO THE MOST EASTERLY CORNER OF SAID LAST MENTIONED LAND; THENCE NORTH 38.DEGREES 30 MINUTES 31 SECONDS WEST 146.13 FEET ALONG THE NORTHEASTERLY LINE OF SAID LAST MENTIONED LAND TO THE TRUE POINT OF BEGINNING. EXCEPTING FROM THAT PORTION OF SAID LAND INCLUDED WITHIN THE LINES OF THE LAND DESCRIBED IN THE DEED FROM THE STATE OF CALIFORNIA, RECORDED NOVEMBER 20, 1959 IN BOOK D-670 PAGE 888, OFFICIAL RECORDS, AS INSTRUMENT NO. 4547, ALL OIL, GAS AND OTHER MINERALS, TOGETHER WITH THE EXCLUSIVE RIGHT OF INGRESS AND EGRESS AT ALL TIMES FOR THE PURPOSE OF . DRILLING AND EXPLORING SAID LANDS FOR OIL AND GAS AND OTHER MINERALS AND PRODUCING, TREATING, HANDLING AND REMOVING THE SAME THEREFROM, TOGETHER WITH THE USE OF SUCH AMOUNT OF THE SURFACE OF SAID LAND AS IS NECESSARY TO PRODUCE, SAVE AND REMOVE' SUCH OIL, GAS AND OTHER MINERALS AND TO CONDUCT ALL OPERATIONS AS MAY BE NECESSARY OR PROPER FOR SUCH PURPOSE, TOGETHER WITH. THE RIGHTS TO LAY AND OPERATE -THEREON PIPE LINES. AND TO REDEEM AND REMOVE FROM SAID LAND ANY OF GRANTEES PROPERTY THEREON AT ANY TIME, INCLUDING THE RIGHT TO PULL AND REMOVE CASING, AS CONVEYED BY DEED FROM W. M. YAFFE & CO., A CORPORATION, TO HYMAN YAFFE, RECORDED MARCH 1.31 1951 TN BOOK 35784 PAGE 302, OFFICIAL RECORDS. ALSO EXCEPT FROM SAID LAND DESCRIBED IN DEED RECORDED IN BOOK D-670 PAGE 888, OFFICIAL RECORDS, ALL OIL, OIL RIGHTS, MINERAL, MINERAL RIGHTS, NATURAL GAS, NATURAL GAS RIGHTS AND OTHER HYDROCARBONS BY WHATSOEVER NAME KNOWN, THAT MAY BE WITHIN OR UNDER THE PARCEL OF LAND THEREINABOVE DESCRIBED, WITHOUT, HOWEVER, THE RIGHT EVER TO DRILL, DIG OR MINE THROUGH THE SURFACE OF SAID LAND THEREFOR OR OTHERWISE DEVELOP SAME IN SUCH MANNER AS TO ENDANGER THE SAFETY OF ANY HIGHWAY THAT MAY BE CONSTRUCTED ON SAID LAND, AS RESERVED BY SECURITY FIRST NATIONAL BANK OF LOS ANGELES, EXECUTOR OF THE ESTATE OF SARAH YAFFE, DECEASED, IN DEED RECORDED SEPTEMBER 21, 1953 IN BOOK 42739 PAGE 326, OFFICIAL RECORDS, AS INSTRUMENT NO. 2755. ALSO -EXCEPT FROM THE REMAINDER OF SAID LAND , ALL OIL, GAS AND OTHER PETROLEUM OR OTHER MINERAL SUBSTANCES CONTAINED IN SAID LAND, BUT WITHOUT RIGHT OF SURFACE ENTRY, AS RESERVED BY CHANSLOR-CANFIELD MIDWAY OIL COMPANY, IN THE DEED RECORDED IN BOOK 20565 PAGES 1, ET SEQ., OF SAID OFFICIAL RECORDS. PARCEL 2:. THAT PORTION OF LOT 92 OF THE RANCHO LAGUNA', IN THE CITY OF VERNON, 'IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON MAP THEREOF FILED AS EXHIBIT "A" IN SUPERIOR COURT, LOS ANGELES COUNTY, CASE NO. B-25296, A CERTIFIED COPY OF WHICH IS RECORDED IN BOOK 6387 PAGES 1, ET SEQ., OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF ATLANTIC BOULEVARD, AS'DESCRIBED IN PARCEL 1 OF THE DEED TO THE STATE OF CALIFORNIA, RECORDED IN BOOK 42200 PAGE 253, OFFICIAL RECORDS OF SAID COUNTY, WITH THE SOUTHERLY LINE OF 26TH STREET, 60 FEET=WIDE, AS WIDENED, BY DEED RECORDED IN BOOK 3927 PAGE 83 OF.SAID OFFICIAL RECORDS; THENCE ALONG SAID SOUTHERLY LINE, NORTH 68 DEGREES 00 MINUTES 11 SECONDS WEST 288.89 FEET TO THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN THE DEED TO OLTMANS CONSTRUCTION COMPANY, RECORDED ON APRIL 9, 1958 IN BOOK D-66 PAGE 802 OF SAID OFFICIAL RECORDS, SAID NORTHWESTERLY CORNER BEING THE TRUE POINT OF BEGINNING; THENCE SOUTHERLY ALONG THE WESTERLY BOUNDARY OF SAID LAST MENTIONED LAND, BEING A CURVE CONCAVE SOUTHWESTERLY HAVING A RADIUS OF 423.77 FEET, A RADIAL LINE OF SAID CURVE TO SAID TRUE POINT OF BEGINNING BEARS NORTH 72 DEGREES 54 MINUTES 51 SECONDS EAST, THROUGH A CENTRAL ANGLE OF 18 DEGREES 19 MINUTES 18 SECONDS, AN ARC DISTANCE OF 135:51 FEET; THENCE LEAVING SAID WESTERLY BOUNDARY, NORTH 38 DEGREES 30 MINUTES 31 SECONDS WEST 72.56 FEET TO THE BEGINNING OF CURVE CONCAVE NORTHEASTERLY TANGENT TO SAID LAST MENTIONED COURSE AND HAVING A RADIUS OF 359.27 FEET; THENCE NORTHWESTERLY ALONG SAID LAST MENTIONED CURVE THROUGH A CENTRAL ANGLE OF 9 DEGREES 36 MINUTES 00 SECONDS, AN ARC DISTANCE OF 60.20 FEET; THENCE TANGENT TO SAID LAST MENTIONED CURVED, NORTH 28 DEGREES 54 MINUTES 31 SECONDS WEST 36.47 FEET; THENCE NORTH 30 DEGREES 00 MINUTES 11 SECONDS WEST 39.55 FEET TO THE SOUTHERLY LINE OF SAID 26TH STREET, 60 FEET WIDE; THENCE ALONG SAID STREET, SOUTH 68 DEGREES 00 MINUTES 11 SECONDS EAST 1.05.00 FEET TO THE TRUE POINT OF BEGINNING. PARCEL 3: THAT PORTION OF LOT 92 OF THE RANCHO LAGUNA, IN THE CITY OF VERNON, IN THE COUNTY OF LOS ANGELES, STATE..OF CALIFORNIA, AS SHOWN ON MAP THEREOF FILED AS EXHIBIT "A" IN LOS ANGELES SUPERIOR COURT, CASE NO. B-25296, A CERTIFIED COPY OF WHICH IS RECORDED IN BOOK 6387 PAGES 1, ET SEQ., OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF ATLANTIC BOULEVARD, AS DESCRIBED IN PARCEL 1 OF THE DEED TO THE STATE OF CALIFORNIA,. RECORDED IN BOOK 42200 PAGE 253, OFFICIAL RECORDS OF SAID COUNTY, WITH THE SOUTHERLY LINE OF 26TH STREET, 60 FEET WIDE, AS WIDENED, BY DEED RECORDED IN BOOK 3927 PAGE 83, OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG 'SAID SOUTHERLY LINE,. NORTH 68 DEGREES 00 MINUTES 11 SECONDS WEST 288.89/FEET TO THE NORTHWESTERLY CORNER OF SAID LAND DESCRIBED IN THE DEED RECORDED ON APRIL 9, 1958 IN BOOK D-66 PAGE 802, OFFICIAL RECORDS, AS INSTRUMENT NO. 255 OF SAID COUNTY; THENCE SOUTHERLY ALONG THE WESTERLY BOUNDARY OF SAID LAST MENTIONED LAND "BEING A CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 423.77 FEET, A RADIAL LINE OF SAID CURVE TO SAID NORTHWESTERLY CORNER BEAR- SRTH 72 DEGREES 54 MINUTES 51 SECONDS EAST", THROUGH A CENTRAL ANGLE OF 18 DEGREES 19 MINUTES 18 SECONDS, AN ARC DISTANCE OF 135..51 FEET; THENCE LEAVING SAID WESTERLY BOUNDARY,XOUTH 38 DEGREES 30 MINUTES 31 SECONDS.EAST 146.13 FEET TO A POINT IN THE SOUTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED, SAID LAST MENTIONED POINT BEING A CURVE CONCAVE NORTHWESTERLY AND HAVING A RADIUS OF 450.00 FEET, A RADIAL LINE OF SAID LAST MENTIONED CURVE TO SAID LAST. MENTIONED POINT BEARS SOUTH 40 DEGREES 52 MINUTES 01 SECONDS EAST; THENCE'NORTHEASTERLY ALONG SAID .SOUTHEASTERLY BOUNTDARY 70 SAID POINT OF BEGINNING. EXHIBIT "B-I" DIAGRAM OF EASEMENT AREA FOR CONSTRUCTION PURPOSES 01910/0019 120385.8 '-d li E-I H F-I H p W i i i W �e z j � o a N F- - a I � i ~ I I � y yy I �! I it I II z li I it T sNi i iC y` � O)inB I I sw I pN�O)i0 I p I i w i Z i QI� I J o I C z I I I I w I �- w SI N I cZi I U I o � I m � I �z I o I� a I I w I F i I I Z z0 �. i A - EXHIBIT 64 B-2" DIAGRAM OF EASEMENT AREA FOR LIGHT AND POWER PURPOSES 11 01910/0019 120385.8 b EXHIBIT"B-2" t r- 4?0 y of T.P.O.B. STRIP NO. 1\ OF '� of c N6,.42?sT,y rl' co Op / STRIP NO. 2 00�/Nry RFFT FR�1/0 F POINT I'A„ STwF4Y �N o M� STRIP NO. 3 \ 392j ET AE OF 26 83 R 0, R. TN 309.9 7 ' Mo \ \\61. POR LOT 02 \�` o PANGAO LACUNA P.O.C. P.E�R 13387/1 DCJS 'SEE DETAIL!�� �Qj 71 STRIP NO. 2 1 2.00 GRAPHIC SCALE N45'47'59"W 1 „ 0' 50' 100' ® ®14.50' POINT A &ice • C) ® 0 STRIP NO. 3 2� SCALE: 1 " = 50' EX �0, 11 141 19 )1 Lg�3�0�� S42'W \ 12.50' \ DETAIL SCALE: 1 "=20' IN THE CITY OF VERNON, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA 17625 Crenshaw Blvd., Ste. 300 TEMPORARY ELECTRICAL UTILITY EASEMENT Torrance, California 90504 ENGINEERING Tel: (310) 327-0018 SCALE: 1" - 50' DATE: 07-18-2006 OCAGRO.UP- Fax: (310)327-0175 www.dcacivileng.com BY: JOB NO.: ___WLL/TCC 1249-1768.000-811 EXHIBIT "C" LEGAL DESCRIPTION OF LIGHT AND POWER EASEMENT AREA 12 01910/0019 120385.8 EXHIBIT "C" LEGAL DESCRIPTION TEMPORARY UTILITY EASEMENT (26TH STREET) THREE STRIPS OF LAND, OF DIFFERENT WIDTHS, LYING WITHIN LOT 92 OF THE RANCHO LAGUNA, IN THE CITY OF VERNON, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON MAP THEREOF FILED AS EXHIBIT "A" IN THE LOS ANGELES SUPERIOR COURT, CASE NO. B-25296, A CERTIFIED COPY OF WHICH IS RECORDED IN BOOK 6387 PAGES 1, ET SEQ., OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: STRIP NO. 1 A STRIP OF LAND 10.00 FEET IN WIDTH, THE CENTER LINE BEING DESCRIBED AS FOLLOWS: COMMENCING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF ATLANTIC BOULEVARD VARIES IN WIDTH, AS DESCRIBED IN PARCEL 1 OF THE DEED TO THE SATE OF CALIFORNIA, RECORDED IN BOOK 13900 PAGE 29, OFFICIAL RECORDS OF SAID COUNTY, WITH THE SOUTHWESTERLY LINE OF 26TH STREET, 60 FEET WIDE, AS WIDENED, BY DEED RECORDED IN BOOK 3927 PAGE 83 OF SAID OFFICIAL RECORDS; THENCE ALONG SAID SOUTHWESTERLY LINE, NORTH 67042'45" WEST 309.91 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 29°25'28" WEST, 65.60 FEET TO A POINT, DESCRIBED AS POINT "A"; THENCE LEAVING POINT "A", SOUTH 36°20'28" EAST, 256.44 FEET TO SAID NORTHWESTERLY LINE OF ATLANTIC BOULEVARD. THE SIDELINES OF SAID 10.00 FOOT STRIP SHALL BE EXTENDED OR SHORTENED TO MEET AT ANGLE POINTS AND TO TERMINATE NORTHERLY ON SAID SOUTHWESTERLY LINE OF 26TH STREET AND SOUTHERLY ON SAID NORTHWESTERLY LINE OF ATLANTIC BOULEVARD. STRIP NO. 2 A STRIP OF LAND 2.00 FEET IN WIDTH, THE CENTER LINE BEING DESCRIBED AS FOLLOWS: BEGINNING AT SAID POINT "A"; THENCE NORTH 45°47'59" WEST, 14.50 FEET. EXCEPTING THEREFROM THAT PORTION OF LAND LYING WITH STRIP NO. 1 HEREON. �AND a- � EXP L S 1� 1z' z °r•°�OF C�i��F SHEET 1 OF 2 EXHIBIT"C" LEGAL DESCRIPTION TEMPORARY UTILITY EASEMENT (26TH STREET) STRIP NO. 3 A STRIP OF LAND 2.00 FEET IN WIDTH WITH, CENTER LINE BEING DESCRIBED AS FOLLOWS: BEGINNING AT SAID POINT "A"; THENCE SOUTH 42°14'19" WEST, 12.50 FEET. EXCEPTING THEREFROM THAT PORTION OF LAND LYING WITH STRIP NO. 1 HEREON. ®LAND ca - OO�s����� EXP�3� ® "FO SEIEET 2 OF 2 EXHIBIT "D" IMPROVEMENTS 01910/0019 120385.8 a - w w x I i�� j,,IIIIll II IT �fI 1I i I I I I 1 NXI Allit , I I Y'Yl I. 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Ip Vl w �v u 0 c g E u E E o m � � do aallds dDl I 0001"o' dF ° i'' F p rc 04L N N I $ M Z O N zt o Y B` OOB � XX c w c H C 'O N N o o ® GO N 110 AO SL (% 0� � F m ii" u5 �,c °ly b m Z x or E ° in9S' 'd ny x c7 I �L6 Is UI Noo 0 g�� rc �-0 • ` c i110M 2019 ota0u0Duiw) i H a zn x Al ) , C This page is part of your document - DO NOT DISCARD - - of 20070237449 y Pages: 0038 Recorded/Filed in Official Records Fees: i $0.00 j Ij Recorder's Office, Los Angeles County, Taxes: $0.00 California Other: $0.00I!,i 02/05/07 AT 08.01 AM Paid: $0.00 j 0000092258 200702030170046 Mail TITLE(S) III III 111111111111111111l Assessor's Identification Number (AIN) To be completed by Examiner OR Title Company in black ink. ,A Number of AIN's Shown E"1988 THIS FORM IS NOT TO BE DUPLICATED WO Recorded at the request of and p2105107 when recorded mail to: I II I II II I II I II II I II II i II I II III I II I II II I I I I II II I II II I City of II I I II I J I II I 9 4305 Santa Vernon nta Fe Avenue 2007�23744 Vernon, CA 90058 Attn: Acting City Cleric Space above this line for Recorder's use This document is recorded for the benefit of the City of Vernon and is therefore exempt from the payment of the recording fee pursuant to Government Code Section 6103 and from the payment of the documentary transfer tax pursuant to Revenue and Taxation Code Section 11922. TEMPORARY EASEMENT AGREEMENT Assessor's Parcel Number: 6332-001-002 This TEMPORARY EASEMENT AGREEMENT (this "Easement Agreement"), dated J1% 24 , 2006, for reference purposes only, is entered into by and between KBB Ifivestments, a California general partnership ("Grantor"), and the City of Vernon, a body corporate and politic ("Grantee"), with respect to the following facts and objectives: A. Grantor is the owner of certain real property located at 4800 26th Street, Vernon, California, as more particularly described on Exhibit "A" attached hereto and incorporated herein by this reference (the "Grantor Parcel"). The Grantor Parcel is located directly south of 26th Street in Vernon, California. B. In order to alleviate traffic congestion, improve traffic flow, adequately handle storm water runoff, and resolve related issues, Grantee intends to perform street improvement work in and around 26th Street. Grantee's street improvement work will include, among things, extending 261h Street with a bridge over Atlantic Boulevard and constructing a new roadway to Bandini Boulevard. These improvements will directly benefit the Grantor Parcel by providing the Grantor Parcel with access from both the east and the west onto 26th Street. In connection with the proposed improvements, Grantee desires to (1) use a portion of the Grantor Parcel for temporary staging of its construction operations associated with the street improvement work, and (2) remove or relocate power poles and construct, access, and maintain a power pole and aerial lines across a portion of the Grantor Parcel. 01910/0019 120385.8 C. Grantee's street improvements will also require that certain improvements be made to the Grantor Parcel, and the parties agree that Grantee will make required improvements to the Grantor Parcel, as further described below. D. Grantor is willing to grant a temporary construction easement to Grantee for the purpose of making the street improvements and the improvements to the Grantor Parcel described below, and Grantee agrees to make the street improvements and the improvements to the Grantor Parcel as described below, all on the terms and conditions of this Easement Agreement. Collectively, the street improvements and the improvements to be made to the Grantor Parcel are referred to as the "Improvements". E. Grantor is further willing to grant to Grantee the right to remove or relocate power poles, and construct, access, and maintain a power pole and aerial lines across a portion of the Grantor Parcel. NOW, THEREFORE, FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Grantor and Grantee hereby agree as follows: l . Grant of Easement. Subject to the work time restrictions defined in paragraph 3 hereinbelow, Grantor hereby grants to Grantee, its employees, agents, contractors, and consultants (collectively, the "Grantee Parties") access to and use of a temporary easement over and upon a portion of the Grantor Parcel (only to be used for construction of storm drain and repaving the parking lot on Grantor's Parcel and construction of the wet well, retaining walls in the public right of way and construction and maintenance of aerial lines on Grantor's Parcel) to allow Grantee to (i) stage and perform the construction of certain street improvements and the construction of certain improvements on the Grantor Parcel, each as further described below, and to (ii) construct, access, and maintain a power pole and aerial power lines across a portion of the Grantor Parcel. The portion of the Grantor Parcel that will be used for the purposes described in clause (i) above is shown on the depiction attached hereto as Exhibit "B- 1 ", and the portion of the Grantor Parcel that will be used for the purposes described in clause (ii) above is shown on the depiction attached hereto as Exhibit "B-2" and further described in the legal description attached hereto as Exhibit "C". Collectively, Grantee's rights described herein are referred to as the "Easement", and the portions of the Grantor Parcel that are depicted in Exhibits "B-1" and "B-2" are collectively referred to as the "Easement Area". Without limiting the generality of the purpose of the Easement, the Easement shall include (a) the right of access, ingress, and egress of persons, vehicles, and equipment to, on, and over the Easement Area; (b) pertaining to only time when work is being specifically done on Grantor's property and relative to the construction of the wet well and retaining walls, the right to use, operate, and to stage construction on the Easement Area; (c) the right to close access to the driveway on the Grantor Parcel located closest to the building on the Grantor Parcel, and, subject to the time restrictions hereafter defined, the right to close access to and to close use of the Easement Area portion of the parking lot located on the Grantor Parcel; (d) the right to grade, and permanently change the 01910/0019 120385.8 2 0IQ3 4 elevation and degree of inclination of a portion of the Grantor Parcel, (e) the right, at Grantee's sole option, to fence a portion (fence line not to extend further than 5 feet south of the southerly boundary line of 26th Street onto Grantor's Parcel by 190 feet wide) of the Easement Area during the construction of the wet well and retaining walls; (0 the right to connect, replace, operate, maintain, move or install any utilities, cables and conduits above or below ground on the Easement Area; (g) the right to construct those portions of the Improvements that are located on the Grantor Parcel (such as the storm drain and the paving of the parking lot); and (h) on the portion of the Grantor Parcel depicted in Exhibit "B-2" and legally described in Exhibit "C", the exclusive right to construct, access, use, maintain, alter, add to, enlarge, repair, replace, inspect, and remove, at any time and from time to time, power poles, guy wires, and overhead electric lines and communication circuits with necessary appurtenances, for conveying electric energy to be used for light, heat, power, telephone, and other purposes. Grantee shall instruct its contractor to use reasonable efforts to coordinate the construction of the Improvements with Grantor's tenant(s) to minimize, to the extent reasonably practical under the circumstances, the impact of the construction on the tenant(s)' access to and use of Grantors Parcel. Grantee, however, shall have a limited right to use of the Easement Area in order to facilitate the construction of the Improvements, and Grantor acknowledges that, from time to time, for varying periods of time, depending on the demands of construction, the Grantee may fence off (as defined in the foregoing) a portion of the Easement Area, and, during such times, Grantee shall have exclusive use of the portion or all of the Easement Area, as fenced by Grantee. Grantee may block off the entire Easement Area shown on Exhibit `B-1" only for the purpose of repaving Grantor's parking lot, which work shall be done during off hours as hereinafter defined in paragraph 3. 2. Description of Improvements. Grantee intends to construct the following Improvements on or about 26t1 Street, Vernon, California and on the Grantor Parcel, each of which is depicted on the diagram attached hereto as Exhibit "D". (a) Wet Well, Transformer Vault, and Panel. The wet well will be buried under 26th Street, directly north of the Grantor Parcel. The transformer vault will be buried under 26th Street, and the panel placed on the sidewalk, both directly north of the Grantor Parcel. (b) Storm Drain. As a result of the construction of the wet well, it will be necessary to construct a storm drain which will be located on the Grantor Parcel immediately south of the wet well in the parking lot area of the Grantor Parcel to drain Grantor's Parcel. (c) Retaining Wall. A perimeter retaining wall will be located on 26th Street, but will abut the building on the Grantor Parcel. The footings for the retaining wall will be adjacent to the footings for the Grantor's building (which footings extend onto the public right of way). Although the footings will be close to each other, Grantee's construction of Grantee's new footings shall not impair or adversely affect Grantor's footings. Grantee shall have 01910/0019 120385.8 3 07 0237449 all property lines surveyed by a licensed surveyor to insure that no encroachments will occur due to any improvements made by Grantee. (d) Bridge. A bridge will be constructed over Atlantic Boulevard, adjacent to the building located on the Grantor Parcel. (e) Staircase, Sidewalk, Street, and Parking Lot. As a result of the construction of the bridge and the retaining wall, the street and sidewalk adjacent to the Grantor Parcel will be raised (by approximately 8 feet, at the highest point), such that a staircase will be required for access from the Grantor Parcel to the raised street and sidewalk. Grantee will construct the staircase, which will be located on the Grantor Parcel. Grantee will also (i) repave the street and repair the sidewalk that are affected by its Improvements, (ii) repave the parking lot located on the Grantor Parcel, (iii) construct a new driveway approach, and (iv) construct a wrought iron gate at the building front entry area on 26th Street. 3. Interference by Grantee. In connection with its use of the Easement Area, Grantee shall use reasonable efforts to minimize interference with the use and quiet enjoyment of any legal occupant of the balance of the Grantor Parcel; provided, however, that Grantor acknowledges and agrees that. the proposed staging and construction will require use of the Easement Area as defined hereinabove and will require the closure of one driveway onto the Grantor Parcel (the driveway that is closest to the building). Grantor acknowledges that the driveway closest to the building will not be usable during staging and construction. Grantor and Grantee acknowledges, however, that there is street parking available on 26th Street and that there is a second driveway that provides ingress and egress onto the Grantor Parcel that will adequately provide for ingress and egress during the term of the construction. Grantor further acknowledges that, by the very nature of the construction, there will be dust, noise, debris, truck traffic, and other annoyances and disturbances during the term of this Agreement, and agrees that the Grantee may, nonetheless, continue its improvement work providing Grantee makes diligent efforts to favorably mitigate the effect of the foregoing described conditions and/or interference. Grantee shall accommodate the business being operated on the Grantor Parcel, by conducting the storm drain work and paving work that would materially and adversely affect access to the loading docks located on the Grantor Parcel during off -business hours Monday through Saturday (work shall be done prior to 8:00 AM and not before 7:00 PM Monday through Saturday) and Sundays, except Grantee may use up to12 Saturdays for construction during the term of this agreement. During the construction of the wet well, retaining wall, and the replacement of the Grantor's property line wall, the Grantee may place a temporary fence parallel with and approximately five (5) feet south of the 26t" Street right of way line and adjoining the areas being improved. 4. Term. This Easement Agreement shall commence upon mutual execution of this Easement Agreement and shall automatically terminate (without the need for any additional documentation) and become null and void on the earlier of (a) the date which is 01910/0019 120385.8 4 07 0237449 R•g37449 one and one-half (1 %2) years from the date of commencement of construction of the Improvements, which commencement date is estimated to be in October 2006; provided, however, that this Easement Agreement shall automatically be extended for two (2) three-month extension terms if Grantee notifies Grantor of its intent to so extend the term at least thirty (30) days prior to the expiration of the initial term or the first extension term, as applicable, and (b) the date on which the Grantee has completed the Improvements. At the termination of the Easement Agreement, Grantee, at Grantee's sole cost and expense, shall restore the Easement Area to usable condition, clean and free of debris, and in good order and repair, and shall record a Termination of Easement Agreement. Upon commencement of this Easement Agreement, Grantee shall have access to the Easement Area in the manner in which has been defined hereinabove in paragraph 1. At such time as this easement shall terminate, or in the event Grantee has not commenced construction on or before May 1, 2007, Grantee shall execute, acknowledge and deliver to Grantor a quitclaim or other written termination of the rights under this easement in form acceptable for recording in the office of the County Recorder acknowledging the termination of this easement. 5. Representations of Grantor. Grantor represents and warrants that he is the sole and exclusive owner of the Grantor Parcel, and that he has full right, power, and authority to enter into this Easement Agreement, and to grant to Grantee the Easement described herein. Grantor represents and warrants that this Easement Agreement and all of the terms and conditions contained herein are valid and binding obligations upon Grantor. Grantor is currently leasing the Grantor Parcel to tenant(s) and Grantor represents and warrants that, during the term of this Easement Agreement, Grantor will not, and Grantor will, if reasonably possible, cause the tenant(s) to not (a) interfere in any way with the rights granted to Grantee hereunder, (b) place any vehicles, equipment, personal property, real property, or improvements that will interfere with the construction of the Improvements within the Easement Area; (c) use or permit the use of hazardous materials on or under the Easement Area; (d) plant any trees, shrubs, or landscaping on the Easement Area; or (e) claim any interference with business operations, profitability, convenience, access, or business opportunities. Grantor hereby releases Grantee from all of such claims. 6. Representations of Grantee. Grantee represents and warrants that it will construct the Improvements described herein in the public right of way and on the Grantor Parcel, as applicable, at Grantee's sole cost and expense. All of such construction shall be conducted in accordance with all applicable laws, and with good materials and workmanship. Grantee shall not use any hazardous materials or substances or generate any hazardous wastes on the Grantor Parcel in violation of any applicable laws. Grantee represents and warrants that this Easement Agreement and all of the terms and conditions contained herein are valid and binding obligations upon Grantee. 7. Indemnity. Grantee shall be responsible for and shall indemnify, defend 01910/0019 120385.8 5 07 0 2 !? "W 4 4 9 and hold Grantor harmless from and against any and all damages, expenses (including without limitation reasonable attorney's fees and costs), claims, causes of action, and costs, including without limitation, the cost of all repairs, maintenance and improvements necessary to correct any damage to the Grantor Parcel which are necessitated by or result from any or all of the following: (a) Grantee's or Grantee's Parties' use of the Easement Area or any work, activity or other thing allowed or permitted to be done by Grantee in or about the Easement Area; or (b) any negligent or wrongful act or omission of the Grantee or a Grantee Party. This indemnity obligation shall survive the termination of this Easement Agreement. Grantee shall conduct its construction so as to cause no mechanic's, material man's or other lien to be filed against the Grantor's property, and Grantee hereby agrees to indemnify, defend and hold harmless Grantor from and against any damages, liabilities, penalties, losses, costs (including, without limitation, actual attorneys' fees), expenses, causes of action, demands, claims and judgments in connection with any such lien that may be filed against the Grantor. 8. Insurance. With regard to liability coverage, Grantee is self insured for $ 2 million and carries two excess policies in the amount of $10 million each for a total of $ 2 0 million. From the commencement of construction of the Improvements through the termination of this Easement Agreement, Grantor shall obtain and keep in force a policy or policies in the name of Grantor, with loss payable to Grantor and to any lender(s), and the Anthony Brent Corporation as Additionally Insured, insuring against loss or damage to the Grantor Parcel. Grantor agrees to have its insurance company issuing property damage insurance waive any right to subrogation that such company may have against Grantee. 9. Notices. All notices under this Easement Agreement shall be in writing and shall be effective upon receipt (or refusal to accept delivery), whether delivered by personal delivery, recognized overnight delivery service, telecopy, or sent by United States registered or certified mail, return receipt requested, postage prepaid, addressed to the respective parties as follows: If to GRANTOR: If to GRANTEE: KBB Investments C/o Anthony Brent Corporation PO Box 10235 Beverly Hills, CA 9 0 213 Fax: (310) 247-7172 City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Attn: Kevin Wilson 01910i0019 120385.8 6 7 2 3 7 r Any party can notify the other party of their change of address by notifying the other party in writing of the new address. 10. Covenant Running with the Land; Binding Effect. The Easement granted hereunder is a covenant running with the land, as set forth in California Civil Code Section 1468. Grantor shall have the right without Grantee's consent to sell, assign, lease, or gift its interest in the Grantor Parcel, including the Easement Area; provided, however, that the Easement granted herein shall be a covenant running with the land and shall remain in full force and effect notwithstanding any transfer of the Grantor Parcel or the Easement Area, and regardless of any lease or other agreement with a legal occupant of the Grantor Parcel. Grantee shall not assign its rights and obligations under this Easement Agreement. This Easement Agreement is binding upon and shall inure to the benefit of the successors and assigns of Grantor and Grantee. 11. Miscellaneous. This Easement Agreement shall be governed by and interpreted under the laws of the State of California. If any action or proceeding is commenced by any party to enforce the teens of this Easement Agreement, the prevailing party shall be entitled to recover from the other party reasonable attorneys' fees and costs in addition to any other relief awarded by the court. This Easement Agreement is the full and entire agreement between the parties as to the matters set forth herein, and supersedes and replaces any and all prior or contemporaneous oral or written agreements, discussions, negotiations, or correspondence in regard to the matters set forth herein. This Easement Agreement may be executed in several counterparts and all such executed counterparts shall constitute one agreement, binding on all of the parties hereto. 07 0237449 01910/0019 120385.8 7 Executed as of the date first above written. s ATTEST BRUCE V. LKENHORST, JR. ACTING CITY CLERK APPROVED AS TO FORM: ERIC T. FR SCH, City Attorney KBB Investments, a California general partnership: i3 y s- f CO., C-en dra 13, e� 1<,eA'3 By: CITY OF VERNON By: LE Nlkf.. MALBURG, , ayor 01910/0019 120385.8 8 07 0237449 t ACKNOWLEDGMENT STATEOF ����4/6�- COUNTY OF L-OS XAZI's On 6// 2-60 before me, /V iV-/�0 , a notary public in and for the State of Ce— . o .'c , personally appeared 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. WITNESS my hand and official seal. Signature: STATE OF COUNTY OF ipmNIKKI VALLOT Commission # 1425100 Notary Public - California Los Angeles County y Comm. Expires Jul 14. 2007 ACKNOWLEDGMENT On , before me, , a notary public in and for the State of , personally appeared 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. WITNESS my hand and official seal. Signature: 01910/0019 120385.8 9 EXHIBIT A EXHIBIT "A LEGAL DESCRIPTION OF GRANTOR PARCEL 01910/0019 120385.8 07 0 ,a S 74 Exhibit A PARCEL 1: THAT PORTION OF LOT 92 OF THE RANCHO LAGUNA, IN THE CITY OF VERNON, IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON MAP THEREOF FILED AS EXHIBIT "A" IN THE LOS ANGELES SUPERIOR COURT, CASE NO. B-25296, A CERTIFIED COPY OF WHICH IS RECORDED IN BOOK 6387 PAGES 1, ET SEQ., OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF ATLANTIC BOULEVARD, AS DESCRIBED IN PARCEL 1 OF.THE DEED TO THE.STATE OF CALIFORNIA, RECORDED IN BOOK 42200 PAGE 25.3,.OFFICIAL RECORDS OF SAID COUNTY, WITH THE SOUTHERLY LINE OF.26TH STREET; 60 FEET WIDE, AS WIDENED, BY DEED RECORDED IN BOOK 3927 PAGE 83 OF SAID OFFICIAL RECORDS; THENCE ALONG SAID SOUTHERLY LINE, NORTH 68 DEGREES 00 MINUTES 11 SECONDS WEST 288.89 FEET TO.THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN THE DEED TO OLTMANS CONSTRUCTION COMPANY, RECORDED ON APRIL 9, 1958 IN BOOK D-66 PAGE 802 OF SAID OFFICIAL RECORDS, AS INSTRUMENT NO. 255; THENCE SOUTHERLY ALONG THE WESTERLY,,BOUNDARY OF SAID LAST MENTIONED LAND (BEING A CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 423.77 FEET, A RADIAL LINE OF SAID CURVE TO SAID NORTHWESTERLY CORNER BEARS NORTH 72 DEGREES 54 MINUTES 51 SECONDS EAST THROUGH A CENTRAL ANGLE OF 18 DEGREES 19 MINUTES 18 SECONDS, AN ARC DISTANCE OF 135.51 FEET TO -THE TRUE POINT OF BEGINNING; THENCE LEAVING SAID WESTERLY BOUNDARY, NORTH 38 DEGREES 30 MINUTES-•31 SECONDS WEST 72.56 FEET TO THE. BEGINNING OF A CURVE CONCAVE NORTHEASTERLY TANGENT TO SAID LAST MENTIONED COURSE AND HAVING A RADIUS OF 359.27 FEET; THENCE NORTHWESTERLY ALONG SAID LAST MENTIONED CURVE THROUGH A CENTRAL ANGLE OF 9 DEGREES 36 MINUTES 00 SECONDS, AN ARC DISTANCE OF 60.20 FEET; THENCE TANGENT TO SAID LAST MENTIONED CURVE, NORTH 28 DEGREES 54 MINUTES 31 SECONDS WEST 36.47 FEET; THENCE NORTH 30 DEGREES 00 MINUTES 11 SECONDS WEST 35.55 FEET TO THE SOUTHERLY LINE, OF SAID 26TH STREET, 60 FEET WIDE; THENCE ALONG SAID STREET, NORTH 68 DEGREES 00 MINUTES 11 SECONDS WEST 193.00 FEET, MORE OR LESS, TO THE WEST LINE OF THE LAND DESCRIBED IN PARCEL "A" OF THE DEED TO A. R. PEARSON TRUCK COMPANY, RECORDED ON APRIL 18, 1955 IN BOOK 47507 PAGE 3.64, OFFICIAL RECORDS, AS INSTRUMENT NO. 59 OF SAID COUNTY; THENCE ALONG SAID LAST MENTIONED WEST LINE, SOUTH 30 DEGREES 32 MINUTES 00 SECONDS WEST 114.99 FEET OT THE. BEGINNING OF A CURVE CONCAVE EASTERLY HAVING A RADIUS OF 165.00 FEET; THENCE SOUTHERLY ALONG SAID CURVE (BEING ALSO THE WEST LINE OF SAID LAST MENTIONED DEED) THROUGH AN ANGLE OF 79 DEGREES 29 MINUTES 42 SECONDS, A DISTANCE OF 228.93 FEET TO THE NORTH LINE OF THE LAND DESCRIBED IN THE DEED TO A.. R. PEARSON TRUCK COMPANY, RECORDED ON NOVEMBER 20,,1959 IN BOOK D-670 PAGE 888, OFFICIAL RECORDS, AS INSTRUMENT NO. 4547 OF SAID COUNTY; THENCE ALONG SAID LAST MENTIONED NORTH LINE, SOUTH 67 DEGREES 57 MINUTES 49 SECONDS EAST TO THE MOST WESTERLY CORNER OF SAID LAST MENTIONED LAND; THENCE ALONG�THE SOUTHERLY AND EASTERLY BOUNDARY LINES OF SAID LAST MENTIONED LAND, AS FOLLOWS: SOUTH 53 DEGREES 51 MINUTES 38 SECONDS EAST 163.71 FEET; SOUTH 32 DEGREES 59 MINUTES'23 SECONDS EAST 83.17 FEET; SOUTH 73 DEGREES 25 MINUTES 23 SECONDS EAST 33.19 FEET AND NORTHEASTERLY 106.22 FEET TO THE -5- LOAN MODiF1C,AT10N � � 0237449 2 ".,_ r� May 12, I999 V2 MOST EASTERLY CORNER OF SAID LAST MENTIONED LAND; THENCE ALONG THE SOUTHEASTERLY PROLONGATION OF THE NORTHEASTERLY LINE OF SAID LAST MENTIONED LAND, SOUTH 67 DEGREES 57 MINUTES 49 SECONDS EAST TO THE MOST SOUTHERLY CORNER OF THE LAND DESCRIBED AS PARCEL "B" IN SAID BOOK47507 PAGE 364, OFFICIAL RECORDS OF SAID COUNTY; THENCE NORTHEASTERLY ALONG THE SOUTHEASTERLY LINE OF THE LAST MENTIONED LAND TO AND ALONG THE SOUTHEASTERLY LINE OF THE LAND DESCRIBED IN PARCEL 1 OF THE DEED TO A. R. PEARSON TRUCK COMPANY, INCORPORATED, RECORDED ON AUGUST-2-9, 1958 IN BOOK D-201 PAGE 573, OFFICIAL RECORDS, AS INSTRUMENT NO. 1610 OF SAID COUNTY, TO THE MOST EASTERLY CORNER OF SAID LAST MENTIONED LAND; THENCE NORTH 38.DEGREES 30 MINUTES 31 SECONDS WEST 146.13 FEET ALONG THE NORTHEASTERLY LINE OF SAID LAST MENTIONED LAND TO THE TRUE POINT OF BEGINNING. EXCEPTING FROM THAT PORTION OF SAID LAND INCLUDED WITHIN THE LINES OF THE LAND DESCRIBED IN THE DEED FROM THE STATE OF CALIFORNIA, RECORDED NOVEMBER 20, 1959 IN BOOK D-670 PAGE 888, OFFICIAL RECORDS, AS INSTRUMENT NO. 4547, ALL OIL, GAS AND OTHER MINERALS, TOGETHER WITH THE EXCLUSIVE RIGHT OF INGRESS AND EGRESS AT ALL TIMES FOR THE PURPOSE OF . DRILLING AND EXPLORING SAID LANDS FOR OIL AND GAS AND OTHER MINERALS AND PRODUCING, TREATING, HANDLING AND REMOVING THE SAME THEREFROM, TOGETHER WITH THE USE OF SUCH AMOUNT OF THE SURFACE OF SAID LAND AS IS NECESSARY TO PRODUCE, SAVE AND REMOVE' SUCH OIL, GAS AND OTHER MINERALS AND TO CONDUCT ALL OPERATIONS AS MAY BE NECESSARY OR PROPER FOR SUCH PURPOSE, TOGETHER WITH THE RIGHTS TO LAY AND OPERATE. THEREON PIPE LINES AND TO REDEEM AND REMOVE FROM SAID LAND ANY OF GRANTEES PROPERTY THEREON AT ANY TIME, INCLUDING THE RIGHT TO PULL AND REMOVE CASING, AS CONVEYED BY DEED FROM W. M. YAFFE & CO., A CORPORATION, TO HYMAN YAFFE, RECORDED MARCH 1-3, 1951 IN BOOK 35784 PAGE 302, OFFICIAL RECORDS. ALSO EXCEPT FROM SAID LAND DESCRIBED IN DEED RECORDED IN BOOK D-670 PAGE 888, OFFICIAL RECORDS, ALL OIL, OIL RIGHTS, MINERAL, MINERAL RIGHTS, NATURAL GAS, NATURAL GAS RIGHTS AND OTHER HYDROCARBONS BY WHATSOEVER NAME KNOWN, THAT MAY BE WITHIN OR UNDER THE PARCEL OF LAND THEREINABOVE DESCRIBED, WITHOUT, HOWEVER, THE RIGHT EVER TO DRILL, DIG OR MINE THROUGH THE SURFACE OF SAID LAND THEREFOR OR OTHERWISE DEVELOP SAME IN SUCH MANNER AS TO ENDANGER THE SAFETY OF ANY HIGHWAY THAT MAY BE CONSTRUCTED ON SAID LAND, AS RESERVED BY SECURITY FIRST NATIONAL BANK OF LOS ANGELES, EXECUTOR OF THE ESTATE OF SARAH YAFFE, DECEASED, IN DEED RECORDED SEPTEMBER 21, 1953 IN BOOK 42739 PAGE 326, OFFICIAL RECORDS, AS INSTRUMENT NO. 2755. ALSO.EXCEPT FROM THE REMAINDER OF SAID LAND , ALL OIL, GAS AND OTHER PETROLEUM OR OTHER MINERAL SUBSTANCES CONTAINED IN SAID LAND, BUT WITHOUT RIGHT OF SURFACE ENTRY, AS RESERVED BY CHANSLOR-CANFIELD MIDWAY OIL COMPANY, IN THE DEED RECORDED IN BOOK 20565 PAGES 1, ET SEQ., OF SAID OFFICIAL RECORDS. PARCEL 2c THAT PORTION OF LOT 92 OF THE RANCHO LAGUNA, IN THE CITY OF VERNON, 'IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON MAP THEREOF FILED AS EXHIBIT "A" IN SUPERIOR COURT, LOS ANGELES COUNTY, CASE NO. B-25296, A CERTIFIED COPY OF WHICH IS RECORDED IN BOOK 6387 PAGES 1, ET SEQ., OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF ATLANTIC BOULEVARD, AS'DESCRIBED IN PARCEL 1 OF THE DEED TO THE STATE OF CALIFORNIA, RECORDED IN BOOK 42200 PAGE 253, OFFICIAL RECORDS OF SAID COUNTY, WITH THE SOUTHERLY LINE OF 26TH STREET, 60 FEET'WIDE, AS WIDENED, BY DEED RECORDED IN BOOK 3927 PAGE 83 OF.SAID OFFICIAL RECORDS; THENCE ALONG SAID SOUTHERLY LINE, NORTH 68 DEGREES 00 MINUTES 11 SECONDS WEST 288.89 FEET TO THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN THE DEED TO OLTMANS CONSTRUCTION COMPANY, RECORDED ON APRIL 9, 1958 IN BOOK D-66 PAGE 802 OF SAID OFFICIAL RECORDS, SAID NORTHWESTERLY CORNER BEING THE TRUE POINT OF BEGINNING; THENCE SOUTHERLY ALONG THE WESTERLY BOUNDARY OF SAID LAST MENTIONED LAND; BEING A CURVE CONCAVE SOUTHWESTERLY HAVING A RADIUS OF 423.77 FEET, A RADIAL LINE OF SAID CURVE TO SAID TRUE POINT OF BEGINNING BEARS NORTH 72 DEGREES 54 MINUTES 51 SECONDS EAST, THROUGH A CENTRAL ANGLE OF 18 DEGREES 19 MINUTES 18 SECONDS, AN ARC DISTANCE OF 135:51 FEET; THENCE LEAVING SAID WESTERLY BOUNDARY, NORTH 38 DEGREES 30 MINUTES 31 SECONDS WEST 72.56 FEET TO THE BEGINNING OF CURVE CONCAVE NORTHEASTERLY TANGENT TO SAID LAST MENTIONED COURSE AND HAVING A RADIUS OF 359.27 FEET; THENCE NORTHWESTERLY ALONG SAID LAST MENTIONED CURVE THROUGH A CENTRAL ANGLE OF 9 DEGREES 36 MINUTES 00 SECONDS, AN ARC DISTANCE OF 60.20 FEET; THENCE TANGENT TO S"AID LAST MENTIONED CURVED, NORTH 28 DEGREES 54 MINUTES 31 SECONDS WEST 36.47 FEET; THENCE NORTH 30 DEGREES 00 MINUTES 11 SECONDS WEST 39.55 FEET TO THE SOUTHERLY LINE OF SAID 26TH STREET, 60 FEET WIDE; THENCE ALONG SAID STREET, SOUTH 68 DEGREES 00 MINUTES 11 SECONDS EAST 105.00 FEET TO THE TRUE POINT OF BEGINNING. PARCEL 3: THAT PORTION OF LOT 92 OF THE RANCHO LAGUNA, IN THE CITY OF VERNON, IN THE COUNTY OF LOS ANGELES, STATE..OF CALIFORNIA, AS SHOWN ON MAP THEREOF FILED AS EXHIBIT "A" IN LOS ANGELES SUPERIOR COURT, CASE NO. B-25296, A CERTIFIED COPY OF WHICH IS RECORDED IN BOOK 6387 PAGES 1, ET SEQ., OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF ATLANTIC BOULEVARD, AS DESCRIBED IN PARCEL 1 OF THE DEED TO THE STATE OF CALIFORNIA,.RECORDED IN BOOK 42200 PAGE 253, OFFICIAL RECORDS OF SAID COUNTY, WITH THE SOUTHERLY LINE OF 26TH STREET, 60 FEET WIDE, AS WIDENED, BY DEED RECORDED IN BOOK 3927 PAGE 83, OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG 'SAID SOUTHERLY LINE,. NORTH 68 DEGREES 00 MINUTES 11 SECONDS WEST 288.89/FEET TO THE NORTHWESTERLY CORNER OF SAID LAND DESCRIBED IN THE'DEED RECORDED ON APRIL 9, 1958 IN BOOK D-66 PAGE 802, OFFICIAL RECORDS, AS INSTRUMENT NO. 255 OF SAID COUNTY; THENCE SOUTHERLY ALONG THE WESTERLY BOUNDARY OF SAID LAST MENTIONED LAND "BEING A CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 423.77 FEET, A RADIAL LINE OF SAID CURVE TO SAID NORTHWESTERLY CORNER BEARSRTH 72 DEGREES 54 MINUTES 51 SECONDS EAST", THROUGH A CENTRAL ANGLE OF 18 DEGREES 19 MINUTES 18 SECONDS, AN ARC DISTANCE OF 135,.51 FEET; THENCE LEAVING SAID WESTERLY BOUNDARY,x-OUTH 38 DEGREES 30 MINUTES 31 SECONDS EAST 146.13 FEET TO A POINT IN THE SOUTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED, SAID LAST MENTIONED POINT BEING A CURVE CONCAVE NORTHWESTERLY AND HAVING A RADIUS OF 450.00 FEET, A RADIAL LINE OF SAID LAST MENTIONED CURVE TO SAID LAST, MENTIONED POINT BEARS SOUTH 40 DEGREES 52 MINUTES 01 SECONDS EAST; THENCE'NORTHEASTERLY ALONG SAID SOUTHEASTERLY BOUNDARY 'TO .SAID POINT OF BEGINNING. 15 EXHIBIT B EXHIBIT " B-1 " DIAGRAM OF EASEMENT AREA FOR CONSTRUCTION PURPOSES 01910/0019 120385.8 07 0237449 pq E4 I —I Pa H W J I � I � � Z w I d Fz o a N u it Y� WN o Vb W !� G II — I J= 7 S I it I I - i� I I I I 'I I it jl I it 3Nr� �Nro)iN6 i I N21 y !I \ I I �Np w3 I `�Nio)iq � I o I jw I Q J O I � � z I I I I � I w a I N � O U I � � 10 ^z O II � III � a I I w I � I I N � o co _ co I 6 37� 49 07 02� EXHIBIT "B-2" DIAGRAM OF EASEMENT AREA FOR LIGHT AND POWER PURPOSES 11 9 01910/0019 120385.8 EXHIBIT"B-2" SO \ CvNO OF C \ T.P.O.B. 'CRY OF 0 STRIP NO. 1 N O 26 C/TY F CO 6' 42 �s TH S \ OF MMFRC STRIP N0. 2 .00�./ `Oh TRFFT VFRNC F / /h.�, \ N POINT I,A,t SIRE o 1 3 ET 0 \ STRIP NO. 3 \\ 92��83 FR 0� Ty 309 9 7 , Mo \ \ 61° \F RANG.Hn LAGUNAP.o.c. \\ �°°° PER g387'/1 t�cJs � 'SEE DETAIL' cj FS \\ X'40 � P STRIP NO. 2 ' 2.00 Z GRAPHIC SCALE _ _ N45'47'59"W o' 50' 100'�,Iv®�� 14.50' 2 / POINT "A" C_60,90� STRIP N0. 3 7'u' 6'. SCALE: 1 " = 50' EXP61 �A �� S42° 14' 19 "W �\ 4-1 12.50' \ DETAIL SCALE: 1 "=20' 71Zola ro IN THE CITY OF VERNON, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA 17625 Crenshaw Blvd., Ste. 300 TEMPORARY ELECTRICAL UTILITY EASEMENT Torrance, California 90504 CIVIL Tel: (310) 327-0018 SCALE: DATE: ENGINEERING Fax: (310)327-0175 1 = 50' 07-18-2006 OCAGROUP www.dcacivileng.com BY: JOB NO.: WLLCC 1249-1768.000-811 EXHIBIT "C" LEGAL DESCRIPTION OF LIGHT AND POWER EASEMENT AREA 12 01910/0019 120385.8 07 0 N 3 7 4 4 EXHIBIT "C" LEGAL DESCRIPTION TEMPORARY UTILITY EASEMENT (26TH STREET) THREE STRIPS OF LAND, OF DIFFERENT WIDTHS, LYING WITHIN LOT 92 OF THE RANCHO LAGUNA, IN THE CITY OF VERNON, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON MAP THEREOF FILED AS EXHIBIT "A" IN THE LOS ANGELES SUPERIOR COURT, CASE NO. B-25296, A CERTIFIED COPY OF WHICH IS RECORDED IN BOOK 6387 PAGES 1, ET SEQ., OF DEEDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: STRIP NO. 1 A STRIP OF LAND 10.00 FEET IN WIDTH, THE CENTER LINE BEING DESCRIBED AS FOLLOWS: COMMENCING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF ATLANTIC BOULEVARD VARIES IN WIDTH, AS DESCRIBED IN PARCEL 1 OF THE DEED TO THE SATE OF CALIFORNIA, RECORDED IN BOOK 13900 PAGE 29, OFFICIAL RECORDS OF SAID COUNTY, WITH THE SOUTHWESTERLY LINE OF 26TH STREET, 60 FEET WIDE, AS WIDENED, BY DEED RECORDED IN BOOK 3927 PAGE 83 OF SAID OFFICIAL RECORDS; THENCE ALONG SAID SOUTHWESTERLY LINE, NORTH 67042'45" WEST 309.91 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 29025'28"WEST, 65.60 FEET TO A POINT, DESCRIBED AS POINT "A"; THENCE LEAVING POINT "A", SOUTH 36020'28" EAST, 256.44 FEET TO SAID NORTHWESTERLY LINE OF ATLANTIC BOULEVARD. THE SIDELINES OF SAID 10.00 FOOT STRIP SHALL BE EXTENDED OR SHORTENED TO MEET AT ANGLE POINTS AND TO TERMINATE NORTHERLY ON SAID SOUTHWESTERLY LINE OF 26TH STREET AND SOUTHERLY ON SAID NORTHWESTERLY LINE OF ATLANTIC BOULEVARD. STRIP NO. 2 A STRIP OF LAND 2.00 FEET IN WIDTH, THE CENTER LINE BEING DESCRIBED AS FOLLOWS: BEGINNING AT SAID POINT "A'; THENCE NORTH 45047'59" WEST, 14.50 FEET. EXCEPTING THEREFROM THAT PORTION OF LAND LYING WITH STRIP NO. 1 HEREON. EXP /mil SHEET I OF 2 EXHIBIT "C" LEGAL DESCRIPTION TEMPORARY UTILITY EASEMENT (26TH STREET) STRIP NO. 3 A STRIP OF LAND 2.00 FEET IN WIDTH WITH, CENTER LINE BEING DESCRIBED AS FOLLOWS: BEGINNING AT SAID POINT "A"; THENCE SOUTH 42° 14' 19" WEST, 12.50 FEET. EXCEPTING THEREFROM THAT PORTION OF LAND LYING WITH STRIP NO. I HEREON. SHEET 2 OF 2 EXHIBIT '. 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M o, gE uE N E a c C sollds dol dR OOOL W C C➢ � N O M Zo Ti N F LLI _ N 006 - c 'o a ro N AO u10 5L pry ° ■8 ((�� Ilw+r, 3 0 m o- ® ® ® 0 tl: - C E o, `° c a._ ° o w o 0 0 3$ �� W �a Z °i rn d' w m Nyy d No No UIoM vole 010wu03) UP0£Bl C c a Y ;E w22 an ^^ N CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed by Temporary Easement Agreement dated the 20th of September 2006 from KBB Investments, a California partnership is hereby accepted by the City Council on the 20th of September 2006, and the grantee consents to recordation by duly authorized officer. CITY OF VERNON 1, ' EONIS C. MALB , G, Mayor A BRUSS�V. MALKENHORST, JR., Acting City Clerk APPROVED AS TO FORM: ERIC T. FRES H, City Attorney a CITY COUNCIL LEONIS C. MALBURG Mayor THOMAS A. YBARRA Mayor Pro —Tern WM. "BILL" DAVIS Councilman H. "LARRY" GONZALES Councilman W. MICHAEL McCORMICK Councilman Of" 4305 Santa Fe Avenue, Vernon, California 90058 Telephone (323) 583-8811 November 29, 2006 KBB Investments c/o Anthony Brent Corporation P.O. Box 10235 Beverly Hills, California 90213 MARK C. WHITWORTH Fire Chief LEWIS J. POZZEBON Director of Environmental Health S. KEVIN WILSON Director of Community Services SHARON L. DUCKWORTH City Treasurer DONAL O'CALLAGHAN Director of Light & Power E-4 RE: TEMPORARY EASEMENT AGREEMENT FOR PROPERTY LOCATED AT 4800 261h STREET Dear Mr. Brent: Enclosed herewith is a fully executed agreement as referenced above, approved by City Council on September 20, 2006, through Resolution No. 9131. An original duplicate of the same has been forwarded to the Los Angeles County Recorder's office for recordation. Should you require a copy of the recorded document or have any questions regarding this matter please advise Woody Natsuhara of my staff at (323) 583-8811 extension 305. Thank you. SKW/ca Enclosure 0.1 w0ay Ova. CUY ctws Very trul 3 auel Ke` Director of T'NcCugivelm Iubugfidal CITY COUNCIL LEONIS C. MALBURG Mayor THOMAS A. YBARRA Mayor Pro-Tem WM. "BILL" DAVIS Councilman H. "LARRY" GONZALES Councilman W. MICHAEL McCORMICK Councilman 4305 Santa Fe Avenue, Vernon, California 90058 Telephone (323) 583-8811 November 28, 2006 Los Angeles County Recorder P.O. Box 115 Los Angeles, California 90053-0015 Dear Sir or Madam: MARK C. WHITWORTH Fire Chief LEWIS J. POZZEBON Director of Environmental Health S. KEVIN WILSON Director of Community Services SHARON L. DUCKWORTH City Treasurer DONAL O'CALLAGHAN Director of Light & Power E-4 Transmitted herewith is a fully executed Temporary Easement Agreement from KBB Investments for the property at 4800 26t` Street, assessor's parcel number 6332-001-002. Please record said document and return to the attention of the undersigned. Thank you. SKW/ca Enclosure c Nell ( iron Very y rs, uel Kevin Wilson, P.E. Director of Community Services & Water 'E'Kerugivety lubugtrial