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HomeMy Public PortalAboutOrdinance 1152ORDINANCE NO. 1152 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BEAUMONT, CALIFORNIA, APPROVING AN ASSIGNMENT OF AN AMENDED AND RESTATED DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF BEAUMONT AND MPLD II INLAND EMPIRE, LLC, MPLD INLAND EMPIRE ULC, LLC AND MPLD INLAND EMPIRE KRD, LLC WHEREAS, City is a general law city and a municipal corporation of the State of California; and; WHEREAS, MPLD II INLAND EMPIRE, LLC ("Owner") owns approximately 198.38 acres of land, described in Exhibit "A" ("Subject Property") attached hereto and incorporated herein by this reference also known as Assessor's Parcel No. 424-010-011 through 424-010-018, inclusive, located within an existing specific plan known as the Hidden Canyon Specific Plan, located south of SR-60 west of Potrero Boulevard and east of Jack Rabbit Trail in the City of Beaumont; and WHEREAS, City approved that certain DEVELOPMENT AGREEMENT BY AND BETWEEN CITY OF BEAUMONT AND MPLD II INLAND EMPIRE, LLC dated November 13, 2020 which applies to the Property and City and developer desire to amend and restate the original Development Agreement as provided in this Agreement and supersede and replace the original Development Agreement. WHEREAS, City approved amendment no. 1 to the development agreement by and between the City of Beaumont and MPLD II Inland Empire LLC dated July 21, 2020 to restrict sewer flows which also currently applies to the Property as provided in this Agreement. WHEREAS, City and developer desire to partially assign the amended and restated Development Agreement as provided in the attached Agreement to convey two parcels as follows: Parcel 1 of Parcel Map 36426 (APNs 424-010-011 and 016) ULC Property to MPLD Inland Empire ULC, LLC and Parcel 2 of Parcel Map 36426 (APN 424-010-012) KRB Property to MPLD Inland Empire KRB, LLC with all rights and responsibilities of the development agreement relative to these properties being conveyed with these assignments. WHEREAS, the Subject Properties are subject to the following entitlements: General Plan Amendment 11-GPA-02, Hidden Canyon Specific Plan 11-SPA-01, Hidden Canyon EIR and Addendum, Parcel Map 36426 and Plot Plan PP2018-0134 ("Development Approvals" or "Project"); and WHEREAS, Developer is not requesting any form of financial assistance from City to locate, develop, construct and/or operate the Project in the City of Beaumont, and agrees to comply with all conditions of approval; and WHEREAS, to strengthen the public planning process, encourage private participation in comprehensive planning and reduce the economic risk of development, the Legislature of the State of California adopted Sections 65864 et seq. of the California Government Code, "Development Agreement Statute" which authorizes cities to enter into property development agreements with any person(s) or entity(ies) having a legal or equitable interest in real property for the development of such real property in order to establish certain development rights in the real property; and WHEREAS, under Government Code Sections 65864 et seq. and Beaumont City Council Resolution No. 1987-34 a development agreement is intended to provide assurances to developer that an approved project may proceed subject to the policies, rules, regulations, and conditions of approval applicable to the project at the time of approval, regardless of any changes to City policies, rules, and regulations after project approval, and provide assurances that City cannot otherwise unilaterally impose conditions of approval of the project outside the context of a negotiated development agreement; and WHEREAS, based on the foregoing recitals, City has determined that this Agreement is appropriate under Government Code Sections 65864 et seq. and Beaumont City Council Resolution No. 1987-34; and WHEREAS, this Agreement is voluntarily entered into in consideration of the benefits to and the rights created in favor of each of the parties hereto and in reliance upon the various representations and warranties contained herein; and WHEREAS, City, as "Lead Agency" under the California Environmental Quality Act ("CEQA") and the CEQA Guidelines, has determined that the "Project," as more fully described in this Ordinance, has been fully analyzed under CEQA and CEQA Guidelines and is subject to a certified EIR and addendum. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BEAUMONT DOES ORDAIN AS FOLLOWS: SECTION 1. RECITALS That the above Recitals are true and correct and are incorporated as though fully set forth herein. SECTION 2. APPROVAL OF ASRCMRINT OFAMEWM AND RESTATED DEVELOPMENT AGREEMENT That the City Council hereby approves the Assignment of Amended and Restated Development Agreement by and Between the City of Beaumont and NWLD II Inland Empire, LLC, MPLD Inland Empire ULC, LLC and NIPLD Inland Empire KRB, LLC ("Development Agreement"), a copy of which is attached hereto as Exhibit "B" and incorporated herein by this reference, subject to the terms and conditions stated therein. SECTION 3. SEVERABILITY That the City Council declares that, should any provision, section, paragraph, PA sentence or word of this Ordinance be rendered or declared invalid by any final court action in a court of competent jurisdiction or by reason of any preemptive legislation, the remaining provisions, sections, paragraphs, sentences or words of this Ordinance as hereby adopted shall remain in full force and effect. SECTION 4. EFFECTIVE DATE OF ORDINANCE That this Ordinance shall take effect thirty (30) days after its second reading by the City Council. SECTION 5. EFFECTIVE DATE OF DEVELOPMENT AGREEMENT The Development Agreement shall not be executed by the City until on or after the effective date of the Ordinance. SECTION 6. REPEAL OF CONFLICTING PROVISIONS That all the provisions of the Beaumont Municipal Code as heretofore adopted by the City of Beaumont that are in conflict with the provisions of this ordinance are hereby superseded to the extent of such inconsistency. SECTION 7. RECORDATION OFDEVELOPMENTAGREEMENT The City Clerk is hereby directed to record the fully executed Amended and Restated Development Agreement with the Riverside County Recorder no later than ten (10) days after its execution. SECTION 8. CERTIFICATION That the City Clerk shall certify to the passage of this Ordinance and shall cause the same to bepublished according to law. MOVED AND PASSED upon first reading this 15th day of November, 2022, by the following roll call vote: AYES: Lara, Santos, Fenn, Martinez, White NOES: ABSTAIN: ABSENT: MOVED, PASSED AND ADOPTED this 6th day of December, 2022, upon second reading by the following roll call vote: AYES: White, Voigt, Lara, Fenn, Martinez NOES: ABSTAIN: ABSENT: Attest: Nicole Wheelwright, uty City Clerk Approved as to form: J O. Pinkne , City Attorney EXHIBIT "A" EXHIBIT "B" RECORDING REQUESTED, BY AND WHEN RECORDED MAIL TO: Holly H. Fuller, Esquire Golden Steves & Gordon LLP 200 E. Basse Road, Suite 200 San Antonio, Texas 78209 SPACE ABOVE THIS LINE FOR RECORDER'S USE ASSIGNMENT OF AMENDED AND RESTATED DEVELOPMENT AGREEMENT (PARTIAL) This Assignment of Amended and Restated Development Agreement (Partial) (this "Assignment"), dated , 2022 ("Effective Date"), is entered into by and between MPLD II INLAND EMPIRE, LLC, a Delaware limited liability company ("Assignor"), and MPLD INLAND EMPIRE ULC, LLC, a Delaware limited liability company ("Assignee"). Recitals A. On August 4, 2020, the City of Beaumont ("City") and Assignor entered into that certain Amended and Restated Development Agreement by and between City of Beaumont and MPLD II Inland Empire, LLC (the "Development Agreement") pursuant to which Assignor obtained agreements to develop certain property more particularly descried in the Development Agreement ("Overall Property"), subject to certain conditions and obligations set forth in the Development Agreement. The Development Agreement was recorded in the Official Records of Riverside County on October 21, 2020, as Document Number 2020-0507277. B. By Grant Deed recorded on February 14, 2022, as Document Number 2022-0073809, Assignor conveyed a portion of the Overall Property, commonly known as Parcel 1 of Parcel Map No. 36426, Assessor's Parcel Numbers 424-010-011 and 424-010-016 (collectively, "ULC Property"), to Assignee. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor hereby assigns, sells, transfers, sets over and delivers unto Assignee, all of Assignor's right, title, interests, burdens and obligations as the Developer under the Development Agreement with respect to, and only with respect to, the ULC Property, without representation or warranty of any kind, and Assignee hereby accepts such assignment. Agreement 1. Effective Date. This Assignment shall be effective and binding as of the date of recordation in the Official Records of Riverside County, California (the "Effective Date"). 5291.038.2540121.1 2. Assignment. Assignor hereby assigns to Assignee, effective as of the Effective Date, all of Assignor's rights, interests, duties, burdens and obligations under the Development Agreement with respect to the ULC Property ("Assumed Rights and Obligations"). 3. Assumption. Assignee hereby assumes, effective as of the Effective Date, all of the Assumed Rights and Obligations of Assignor under the Development Agreement with respect to the ULC Property, and agrees to observe and fully perform all of the Assumed Rights and Obligations of Assignor under the Development Agreement with respect to the ULC Property, and to be subject to all the terms and conditions thereof. The parties intend hereby that, upon the recordation of this Assignment, Assignee shall be substituted for Assignor as the "Developer" under the Development Agreement with respect to the ULC Property. 4. Successors and Assigns. All of the covenants, terms and conditions set forth herein shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, successors and assigns. IN WITNESS WHEREOF, Assignor and Assignee have duly executed this Assignment as of the day and year written above. ASSIGNOR: MPLD II INLAND EMPIRE, LLC, a Delaware limited liability company By: MPLD II REIT A, a Texas real estate investment trust, its sole member By _ Name: Title: STATE OF TEXAS COUNTY OF BEXAR ASSIGNEE: MPLD INLAND EMPIRE ULC, LLC, a Delaware limited liability company By: MPLD II REIT A, a Texas real estate investment trust, its sole member By Name: Title: This instrument was acknowledged before me on the day of , 2022, by , the of MPLD II REIT A, a Texas real estate investment trust, on behalf of said entities. Notary Public My Commission Expires: 5291.038.2540121.1 APPROVAL BY THE CITY OF BEAUMONT The City of Beaumont, pursuant to Section 17 of the Development Agreement, hereby consents to the assignment by Assignor to Assignee. The City acknowledges that the Assignee shall not be liable for any obligations owed under the Development Agreement by any other party to the Development Agreement or for any other real property referenced in the Development Agreement (i.e., APNs 424-010-012, 424-010-013, 424-010-014, 424-010-015, 424-010-017 or 424-010-18). CITY OF BEAUMONT APPROVED: By: Mayor Lloyd White ATTEST: City Clerk FAI ";• • •;u City Attorney 5291.038.2540121.1 EXHIBIT A Le! -,al Description of ULC Proper(r ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: PARCEL A: PARCEL 1 OF PARCEL MAP NO. 36426, IN THE CITY OF BEAUMONT, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 242, PAGES 24 THROUGH 29 INCLUSIVE OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT THEREFROM SEVENTY-FIVE PERCENT OF ALL OIL AND MINERAL RIGHTS, AS RESERVED IN DEED FROM DELBERT C. FOWLER ET AL RECORDED FEBRUARY 4, 1960, IN BOOK 2628, PAGE 168 AND RE -RECORDED FEBRUARY 10, 1960, IN BOOK 2631, PAGE 519, BOTH OF OFFICIAL RECORDS. APN: 424-010-011 AND 424-010-016 PARCEL B: NON-EXCLUSIVE EASEMENTS AS MORE PARTICULARLY DESCRIBED IN THAT CERTAIN DOCUMENT ENTITLED "DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR BEAUMONT CROSSROADS LOGISTICS II PARK, AN INDUSTRIAL COMMON INTEREST DEVELOPMENT' RECORDED OCTOBER 28, 2020 AS INSTRUMENT NO. 2020-0524170 OF OFFICIAL RECORD AND ANY PROPER AMENDMENTS OR MODIFICATIONS THERETO. 5291.038.2540121.1 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: Holly H. Fuller, Esquire Golden Steves & Gordon LLP 200 E. Basse Road, Suite 200 San Antonio, Texas 78209 SPACE ABOVE THIS LINE FOR RECORDER'S USE ASSIGNMENT OF AMENDED AND RESTATED DEVELOPMENT AGREEMENT (PARTIAL) This Assignment of Amended and Restated Development Agreement (Partial) (this "Assignment"), dated , 2022 ("Effective Date"), is entered into by and between MPLD II INLAND EMPIRE, LLC, a Delaware limited liability company ("Assignor"), and MPLD INLAND EMPIRE KRB, LLC, a Delaware limited liability company ("Assignee"). Recitals A. On August 4, 2020, the City of Beaumont ("City") and Assignor entered into that certain Amended and Restated Development Agreement by and between City of Beaumont and MPLD II Inland Empire, LLC (the "Development Agreement") pursuant to which Assignor obtained agreements to develop certain property more particularly descried in the Development Agreement ("Overall Property"), subject to certain conditions and obligations set forth in the Development Agreement. The Development Agreement was recorded in the Official Records of Riverside County on October 21, 2020, as Document Number 2020-0507277. B. By Grant Deed recorded on July 16, 2021, as Document Number 2021-0429144, Assignor conveyed a portion of the Overall Property, commonly known as Parcel 2 of Parcel Map No. 36426, Assessor's Parcel Number 424-010-012 ("KRB Property"), to Assignee. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor hereby assigns, sells, transfers, sets over and delivers unto Assignee, all of Assignor's right, title, interests, burdens and obligations as the Developer under the Development Agreement with respect to, and only with respect to, the KRB Property, without representation or warranty of any kind, and Assignee hereby accepts such assignment. Agreement 1. Effective Date. This Assignment shall be effective and binding as of the date of recordation in the Official Records of Riverside County, California (the "Effective Date"). 5291.023.2540123.1 2. Assignment. Assignor hereby assigns to Assignee, effective as of the Effective Date, all of Assignor's rights, interests, duties, burdens and obligations under the Development Agreement with respect to the KRB Property ("Assumed Rights and Obligations"). 3. Assumption. Assignee hereby assumes, effective as of the Effective Date, all of the Assumed Rights and Obligations of Assignor under the Development Agreement with respect to the KRB Property, and agrees to observe and fully perform all of the Assumed Rights and Obligations of Assignor under the Development Agreement with respect to the KRB Property, and to be subject to all the terms and conditions thereof. The parties intend hereby that, upon the recordation of this Assignment, Assignee shall be substituted for Assignor as the "Developer" under the Development Agreement with respect to the KRB Property. 4. Successors and Assigns. All of the covenants, terms and conditions set forth herein shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, successors and assigns. IN WITNESS WHEREOF, Assignor and Assignee have duly executed this Assignment as of the day and year written above. ASSIGNOR: MPLD II INLAND EMPIRE, LLC, a Delaware limited liability company By: MPLD II REIT A, a Texas real estate investment trust, its sole member By Name: Title: STATE OF TEXAS ASSIGNEE: MPLD INLAND EMPIRE KRB, LLC, a Delaware limited liability company By: MPLD II REIT A, a Texas real estate investment trust, its sole member By Name: Title: This instrument was acknowledged before me on the day of , 2022, by , the of MPLD II REIT A, a Texas real estate investment trust, on behalf of said entities. Notary Public My Commission Expires: 2 5291.023.2540123.1 APPROVAL BY THE CITY OF BEAUMONT The City of Beaumont, pursuant to Section 17 of the Development Agreement, hereby consents to the assignment by Assignor to Assignee. The City acknowledges that the Assignee shall not be liable for any obligations owed under the Development Agreement by any other party to the Development Agreement or for any other real property referenced in the Development Agreement (i.e., APNs 424-010-011, 424-010-013, 424-010-014, 424-010-015, 424-010-016, 424-010-017 or 424-010-18). CITY OF BEAUMONT 01 8I9"D By: Mayor Lloyd White ATTEST: City Clerk APPROVED AS TO FORM City Attorney 5291.023.2540123.1 EXHIBIT A Leizal Description of KRB Propem ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: PARCEL ONE PARCEL 2, AS SHOWN ON THAT CERTAIN MAP ENTITLED "PARCEL MAP NO. 36426," RECORDED MARCH 16, 2017, IN BOOK 242 OF PARCEL MAPS, AT PAGE 24 THROUGH 29, INCLUSIVE, OFFICIAL RECORDS OF RIVERSIDE COUNTY, CALIFORNIA. EXCEPTING THEREFORE THAT PORTION OF SAID PARCEL 2, DESCRIBED AS FOLLOWS: THENCE WESTERLY ALONG THE SOUTHERLY LINE OF SAID PARCEL 2, SOUTH 87044,331, WEST 126.89 FEET; THENCE NORTH 47015'27" WEST 82.18 FEET TO A LINE PARALLEL WITH AND DISTANT WESTERLY 185.00 FEET MEASURED AT RIGHT ANGLES FROM THE EASTERLY LINE OF SAID PARCEL 2; THENCE NORTHERLY ALONG SAID PARALLEL LINE, NORTH 02°15'27" WEST 297.70 FEET; THENCE NORTH 57044'33" WEST 103.33 FEET; THENCE SOUTH 82015'27" EAST 96.99 FEET TO A POINT IN SAID EASTERLY LINE, DISTANT THEREON NORTH 02015'27" WEST 390.63 FEET MEASURED SAID EASTERLY LINE FROM THE SOUTHEAST CORNER OF SAID PARCEL 2; THENCE SOUTHERLY ALONG SAID EASTERLY LINE SOUTH 02015'27" EAST 390.63 FEET TO THE POINT OF BEGINNING. THIS LEGAL DESCRIPTION IS PURSUANT TO CERTIFICATE OF COMPLIANCE FOR LOT LINE ADJUSTMENT NUMBER 2021-LLA-0026 RECORDED FEBRUARY 10, 2022, DOCUMENT NO. 2022- 0070071, OFFICIAL RECORDS AND BEING ADJUSTED PARCEL A THEREIN. PARCEL TWO THE RIGHTS AND EASEMENTS CONTAINED IN THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR BEAUMONT CROSSROADS LOGISTICS PARK II, RECORDED OCTOBER 29, 2020, AS DOCUMENT NO. 2020-0524170, OFFICIAL RECORDS OF RIVERSIDE COUNTY, AND ANY PROPER AMENDMENTS OR MODIFICATIONS THERETO. 5291.023.2540123.1