HomeMy Public PortalAboutC-20-061 - Carter-Spencer Enterprises, LLC Reimbursement and Indemnification Agreement, Rancho Dominguez Mobile Home ParkDocuSign Envelope ID: F99397AE-2849-4BO3-BOAO-A656E8DD49A4
REIMBURSEMENT AND INDEMNIFICATION AGREEMENT
BY AND BETWEEN
CITY OF CARSON
AND
CARTER -SPENCER ENTERPRISES, LLC
This REIMB SEMENT�� NIFICATION AGREEMENT ("Agreement") is
executed this day of 7by and between the CITY OF CARSON, a California
municipal corporation ("City"), and CARTER -SPENCER ENTERPRISES, LLC ("Applicant").
City and Applicant may be referred to, individually or collectively, as "Party" or "Parties."
RECITALS
A. Applicant owns that certain real property located at 435 East Gardena Boulevard, it! the City
of Carson, County of Los Angeles, State of California, legally described as set forth in
Exhibit "A," attached hereto ("Property").
B. The Property is currently improved and in operation as a mobilehome park, known as
Rancho Dominguez Mobile Estates ("RDME" or the "Park").
C. On February 22, 2019, Applicant filed an application with the City seeking closure of the
Park for potential redevelopment of the Property (the "Closure Application"). As of the
effective date of this Agreement, the Closure Application remains incomplete, because
Applicant, among other things, has not yet filed a Relocation Impact Report ("RIR") as
required pursuant to Carson Municipal Code Section 9128.21.
D. On August 23, 2019, Applicant paid the City a Closure Application fee, in the amount of
$15,600. Upon execution of this Agreement, Applicant will pay the City a deposit of $10,000
for appraisal services to be performed by Jim Brabant of Anderson & Brabant, Inc.
("Brabant"), the appraiser selected by the City to perform appraisal services required
pursuant to Carson Municipal Code Section 9128.21 in connection with the Closure
Application (the "Appraisal Deposit"). A second payment of $15,000 is to be paid by
Applicant upon completion of Brabant's inspections of the homes and Park's common areas.
Final payment of $15,000 is to be paid to the City upon completion and delivery of Brabant's
appraisal report, which is due within 60 days from the City's authorization to proceed.
E. City will likely be the lead agency, within the meaning of the California Environmental
Quality Act, Public Resources Code § 21000 et seq. ("CEQA"), for purposes of conducting
environmental review of the Closure Application to the extent applicable, and if so, will
prepare all CEQA reports and supporting documents, distribute such reports and documents
to responsible agencies and others, hold public hearings and consider public comments, and
consider approval or certification of such reports and other documents as it deems necessary
and appropriate in accordance with CEQA.
F. In connection with processing the Closure Application, City will incur certain costs. City
and Applicant desire to enter into this Agreement to provide for Applicant to be responsible
for all City costs, direct and indirect, associated with the Closure Application, and to provide
for Applicant to deposit funds with City as necessary to pay for such costs, and to establish
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procedures for same. This Agreement is intended to be the sole mechanism for payment and
reimbursement by Applicant to the City related to the Closure Application moving forward.
G. City has already incurred certain costs, fees and expenses in connection with processing the
Closure Application as of the effective date of this Agreement, and such costs and fees are
intended to be included as reimbursable costs pursuant to this Agreement.
NOW, THEREFORE, for the purposes set forth herein, and for good and valuable
consideration, the adequacy of which is hereby acknowledged, the Parties hereby agree as follows:
TERMS
1. Incorporation of Recitals. The foregoing Recitals are incorporated and made a part
hereof.
2. Effective Date. This Agreement shall be effective upon full execution by the Parties
("Effective Date").
3. Applicant Responsibility for City Costs. Applicant shall reimburse City for all its
direct and indirect costs, fees, and expenses related to review and processing of the Closure
Application, including all documents the City deems necessary in connection therewith ("City
Costs"). City Costs include, but are not limited to, attorneys' fees, staff time, costs of preparing this
Agreement, appraiser costs, relocation consultant costs, inspection and inspection consultant costs,
Environmental Consultant fees and costs, costs of preparing, reviewing, certifying and/or circulating
any necessary CEQA or other environmental reports, studies or documents (including any
environmental impact report, technical studies and analyses, and other supporting documents, reports,
written declarations, studies, or analyses, as deemed necessary and appropriate by City in accordance
with CEQA), any and all costs associated with Park closure, costs related to studies, reports and design
services for the proposed development, expert time, document processing fees, printing and copying
costs, costs of noticing public hearings, publication fees, and any other fees and costs deemed
necessary by the City in order to process, review, or act upon the Closure Application and all related
permits, approvals or entitlements. City Costs will be in addition to Applicant's obligation to
indemnify, defend, and hold harmless City pursuant to Section 9, and shall include any costs, fees
and expenses incurred prior to the Effective Date hereof. Reimbursable City Attorney rates will be
set at $350 per hour. Other specialty counsel will be billed at their respective hourly rates.
Within five (5) business days of the Effective Date, Applicant shall deposit with City the sum
of Thirty-five Thousand Dollars ($35,000), against which any City Costs will be drawn by the City
from time to time to reimburse City for City Costs ("Initial Deposit"). Notwithstanding the foregoing,
and without precluding City's right to request deposits for any consultant costs, the intent of the
parties is for the Initial Deposit to be primarily reserved for use for City's "soft costs" (e.g., staff time,
attorney time, etc.), and for Applicant to pay appraiser, relocation consultant, and other consultant
costs separately via check paid to the consultant directly, provided City shall be immediately notified
of any such direct payments of City Costs to consultants for purposes of ensuring proper accounting
and compliance under this Agreement. At no point shall the minimum balance of the Deposit fall
below Ten Thousand Dollars ($10,000).
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3.1 Additional Deposits by Applicant. Applicant shall deliver additional amounts
within ten (10) days of City's written request to Applicant. City's written requests for additional
deposits shall state what costs have been incurred to date, additional costs anticipated, and how City
intends to apply any needed additional Applicant deposits. If deposited sums exceed the costs incurred
by City, City shall refund the difference as soon as City determines the amount of such excess. The
Initial Deposit plus any additional sums deposited are hereinafter referred to as the "Deposit."
3.2 City's Right to Cease Work. In the event that Applicant does not promptly
reimburse the City Costs, by failing to timely pay either the Initial Deposit or additional requested
deposits, City may immediately cease all work related to or concerning the Closure Application and
may take such further action as City deems appropriate, including deeming the Closure Application
abandoned.
3.3 Interest on Deposit. The Deposit shall not earn interest and may be co -
mingled with other City funds.
3.4 Accounting. City shall keep an accounting of the Deposit and all City Costs
which have been paid out to City. Upon written request, City shall provide an account summary of
the account to Applicant, which shall include descriptions of the City Costs, including the date,
amount, and the type of activity for which the cost was incurred. Failure of City to provide any
accounting shall not excuse Applicant's duty to perform any act, including the duty to make full and
timely deposits required under this Section 3. Applicant may question or challenge any City Costs set
forth in the accounting and may appeal same to the City Council.
3.5 Unexpended Funds. Upon approval of the Closure Application, the
expiration of all applicable appeal periods, and if a legal or administrative challenge is made to the
approval(s) or entitlement(s), then upon the resolution of such challenge in accordance with Section
9, the City shall return any then -unexpended portion of the Deposit to Applicant, without interest,
less an amount equal to any unpaid expenses previously incurred by the City.
4. Additional Taxes, Fees, and Charges. Notwithstanding any provision to the
contrary, Applicant shall pay all normal and customary fees and charges applicable to all permits
sought by Applicant, and any taxes, fees, and charges hereafter imposed by City in connection with
the Closure Application, and any entitlements which are standard and uniformly -applied to similar
projects in the City.
5. City Release; Termination. This Agreement shall terminate five (5) years after the
Effective Date unless Applicant has outstanding reimbursement obligations to the City at that time or
City reasonably determines that City will incur additional reimbursable costs after such date, in which
event this Agreement will be automatically extended for additional one (1) year terms until Applicant
has reimbursed all City Costs.
6. Remedies. In the event of a breach by Applicant, City may, in addition to any other
remedies, seek to recover the City Costs plus reasonable attorneys' fees in enforcing this Agreement.
This provision will not be interpreted to curtail any of City's remedies at law or equity against
Applicant for any violation of City's Municipal Code, nor shall it be interpreted as a waiver of any
defense of Applicant.
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7. Conflicts of Interest.
7.1 No Financial Relationship. Applicant acknowledges the requirements of
Government Code Sections 1090 et seq. ("1090 Laws") and represents and warrants that it has not
entered into any financial or transactional relationships or arrangements that would violate the 1090
Laws, nor shall Applicant solicit, participate in, or facilitate a violation of the 1090 Laws. Despite
any funding mechanism provided in this Agreement, during the existence of the City's contract with
the Environmental Consultant (as defined below), while the Closure Application are pending, and for
a period of one (1) year after final resolution of the Closure Application, neither Applicant nor any of
its representatives, agents or other persons acting on behalf of Applicant shall enter into any financial
relationship with any City official, employee, or contractor. Nor, during such period, shall Applicant
propose to enter into any future relationship with the Environmental Consultant or with any City
official, employee, or contractor. This shall not prevent Applicant's consulting with Environmental
Consultant as permitted by Section 10 of this Agreement.
7.2 Applicant's Representations and Warranties. Applicant represents and
warrants that it is duly authorized to do business in the State of California. Applicant further represents
and warrants that, for the 12 -month period preceding the Effective Date of this Agreement, it has not
entered into any arrangement to pay financial consideration to, and has not made any payment to, any
City official, agent or employee that would create a legally cognizable conflict of interest as defined
in the Political Reform Act (California Government Code sections 87100 et seq.).
8. Applicant Acknowledgements. Subject to the reimbursement obligations set forth in
this Agreement, Applicant acknowledges and agrees that, with respect to the work concerning the
Closure Application:
8.1 City has sole discretion to select which of its employees and contractors are
assigned to the work, including the Environmental Consultant (as defined in Section 10, below).
8.2 City has sole discretion to direct the work and evaluate the performance of the
employees and contractors assigned to the work, and City retains the right to terminate or replace at
any time any such person.
8.3 City has sole discretion to determine the amount of compensation paid to
employees or contractors assigned to the work.
8.4 City, not Applicant, shall pay employees and contractors assigned to the work
from a City account.
8.5 City is not providing any assurances to Applicant that the Closure Application
will be approved, nor will Applicant receive any priority treatment for processing the Closure
Application.
9. Indemnification and Hold Harmless.
9.1 Non -liability of City. The Parties acknowledge that there may be challenges
to the legality, validity and adequacy of the Closure Application, or any of them, compliance of
the Park closure or the development project with CEQA, state law, for federal law; and/or, this
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Agreement, in the future. If such challenges are successful, such challenges could delay or
prevent the performance of this Agreement, approval of the Closure Application, or redevelopment
of the Property. City shall have no liability for the inability of Applicant to obtain approval of the
Closure Application or to redevelop the Property as the result of a judicial determination that the
Closure Application, or any of them, or any related entitlements or approvals, are invalid or
inadequate or not in compliance with law. No official, officer, employee or agent of the City
shall be personally liable hereunder to any extent. The Parties further acknowledge and agree
that this Agreement is not a debt of the City. The City shall not in any event be liable hereunder
other than to return the unexpended and uncommitted portions of the any deposit as provided in
Section 3.5 above, and to provide an accounting under Section 3.4 above. The City shall not be
obligated to advance any of its own funds with respect to CEQA documents or for any other
purpose.
9.2 Indemnification. Applicant agrees to indemnify, protect, defend, and hold
harmless the City and its officials, officers, employees, agents, elected boards, commissions,
departments, agencies, and instrumentalities thereof, from any and all actions, suits, claims, demands,
writs of mandamus, liabilities, losses, damages, penalties, obligations, expenses, and any other actions
or proceedings (whether legal, equitable, declaratory, administrative, or adjudicatory in nature), and
alternative dispute resolution procedures (including, but not limited to, arbitrations, mediations, and
other such procedures) asserted by third parties against the City that challenge, or seek to void, set
aside, or otherwise modify or annul, the action of, or any approval by, the City for or concerning this
Agreement, the Closure Application, the Park closure, any entitlements or approvals related to any of
the foregoing, or any aspect or portion thereof (including, but not limited to, reasonable attorneys'
fees and costs) (herein the "Claims and Liabilities"), whether such Claims and Liabilities arise under
planning and zoning laws, the Subdivision Map Act, CEQA, Code of Civil Procedure Sections 1085
or 1094.5, or any other federal, state, or local statute, law, ordinance, rule, regulation, or any decision
of a court of competent jurisdiction. In the event any action for any Claims and Liabilities is brought
against the City and/or related parties, upon City's notification to Applicant of the pendency of a
claim or suit, Applicant shall make a minimum deposit sufficient to pay all of Applicant's
indemnification obligations for the following ninety (90) days, which includes legal costs and fees
anticipated to be incurred as determined by the City in its sole discretion. Applicant shall make
deposits required under this Section within five (5) days of the City's written request. At no point
during the pendency of such claim or suit, shall the minimum balance of the deposit fall below Ten
Thousand Dollars ($10,000).
If Applicant fails to timely pay such funds, the City may abandon the action without liability
to Applicant and may recover from Applicant any attorneys' fees and other costs for which the City
may be liable as a result of abandonment of the action. It is expressly agreed that the City shall have
the right to utilize the City Attorney's office or use other legal counsel of its choosing. Applicant's
obligation to pay the defense costs of the City shall extend until final judgment, including any appeals.
City agrees to fully cooperate with Applicant in the defense of any matter in which Applicant is
defending and/or holding the City harmless. The City may make all reasonable decisions with respect
to its representation in any legal proceeding, including its inherent right to abandon or to settle any
litigation brought against it in its sole and absolute discretion, and City's reasonable decision to settle
or abandon a matter, including but not limited to following an adverse judgment or failure to appeal,
shall not cause a waiver of the City's indemnification rights. Any decision by the City to settle
litigation shall not, without the written consent of Applicant, bind Applicant. City shall discuss
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litigation strategy with Applicant in good faith, but shall retain absolute discretion to make strategy
decisions.
9.3 Exception. The obligations of Applicant under this Section shall not apply to
any claims, actions, or proceedings arising through the sole negligence or willful misconduct of the
City, its officers, agents, or employees.
9.4 Period of Indemnification. The obligations for indemnity under Section 9.2
shall begin upon the Effective Date and shall survive termination or expiration of this Agreement.
10. Compliance with Guidelines; Independent Judgment. The CEQA Guidelines,
including Sections 15084 and 15090, to the extent applicable, require the City as lead agency to
exercise its independent judgment in CEQA findings and approvals. Preparation of certain draft
CEQA-related technical reports (and payment of the cost of preparation of the CEQA documents by
Applicant) does not undermine the City's independent judgment, but such drafts shall be subject to
the City's (or its consultant's) own review and analysis before use. Accordingly, the City shall retain
and direct the consultant specifically responsible for preparing the draft and final CEQA document
(the "Environmental Consultant"). It is understood that the Environmental Consultant shall be
under contract to and directed by the City, and Applicant shall not attempt to direct, influence, or
otherwise control the Environmental Consultant in the performance of the work. Any questions or
concerns Applicant may have regarding the Environmental Consultant's work product shall be
directed to the City. Notwithstanding the foregoing, and in accordance with CEQA Guideline Section
15084, the Applicant may retain and direct other environmental consultants to prepare various
technical reports and analyses that may be used and relied upon by the Environmental Consultant and
the City in preparing the draft and final CEQA document (including but not limited to consultants
retained to prepare traffic, air quality, noise, and historical studies or analyses [collectively, the
"Technical Consultants"]). The City retains the sole and absolute right to review and approve any
and all reports prepared and submitted to the City and the Environmental Consultant by the Technical
Consultants in accordance with its independent judgment.
11. Applicant's Rights Concerning Review of Documents. City shall give Applicant at
least ten (10) days' notice along with copies of any proposed contract with the Environmental
Consultant, drafts of CEQA documents, and related documents so that Applicant shall have the
opportunity to provide comments or objections thereto, prior to the City finalizing, filing, or otherwise
releasing any of the foregoing for public review and comment. The City shall also provide Applicant
with draft copies of all other CEQA reports and studies funded through this Agreement. Applicant
may discuss issues with the City or its consultants and may make comments orally or in writing. The
City shall also use reasonable efforts to permit Applicant's review with respect to agendas and staff
reports for all open City Council, Planning Commission and other public body meetings at which the
Closure Application or related matters are to be considered, and by providing Applicant with draft
copies thereof prior to or concurrently with the transmission of such documents to the appropriate
body. It is expressly understood that the Environmental Consultant (and other City consultants
retained hereunder) is under contract solely with the City, and the City is free to disregard the
comments of Applicant and exercise its independent judgment in making payments to the
Environmental Consultant or revising or accepting the Environmental Consultant's work product,
without any liability whatsoever to Applicant therefor.
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12. No Obligation to Adopt CEQA Documents or to Approve Project. The provisions
of this Agreement shall in no way obligate the City to take any action related to approval of the
Closure Application, the Park closure, the development project, or any approvals or entitlements
related to any of the foregoing, including but not limited to CEQA or environmental determinations
or approvals. The City shall use its independent judgment in determining whether to approve any
such entitlements, whether to approve draft CEQA documents for circulation, and whether to certify
or to not certify CEQA documents. In the event that the City certifies CEQA documents, the City
shall use its independent judgment in determining the significance of any impacts, approving any
mitigation program, adopting a statement of overriding considerations, or taking any other action.
The City shall have no liability to Applicant in any manner whatsoever therefor hereunder, other than
providing the accounting of expenses as provided herein.
13. Assignment. Applicant may not assign this Agreement to any other entity unless
agreed to in writing by City and upon proof of the financial viability of the successor entity to fulfill
the Agreement's obligations in the City's discretion.
14. Relationship between the Parties. The Parties agree that this Agreement does not
operate to create the relationship of partnership, joint venture, or agency between City and Applicant.
Nothing herein shall be deemed to make Applicant an agent of City.
15. Qualification; Authority. Applicant warrants that it has the legal capacity to enter
into the Agreement. Each Party warrants that the individuals who have signed the Agreement have
the legal power, right, and authority to make this Agreement and bind each respective Party. Each
individual executing this Agreement on behalf of Applicant represents, warrants and covenants to
City that (a) such entity is duly formed and authorized to do business in the state of its formation, (b)
such person is duly authorized to execute and deliver this Agreement on behalf of such entity in
accordance with authority granted under the organizational documents of such entity, and (c) such
entity is bound under the terms of this Agreement.
16. Notices. All notices, demands, invoices, and communications shall be in writing and
delivered to the following addresses or such other addresses as the Parties may designate by written
notice:
To City: To Applicant:
City of Carson Carter -Spencer Enterprises LLC
701 E. Carson St. 60 W. 57�' Street, #17L
Carson, CA 92313 New York, NY 10019
Attn: Saied Naaseh, Attn.: Robert Spencer
Community Development
Director
Copy to: Copy to:
Aleshire & Wynder, LLP Cozen O'Connor
18881 Von Karman Ave., Suite 1299 Ocean Avenue, Suite 900
1700 Santa Monica, CA 90401
Irvine, CA 92612 Attn.: Richard Close
Attn: Sunny K. Soltani,
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City Attorney
Depending upon the method of transmittal, notice shall be deemed received as follows: by personal
delivery, as of actual receipt; by overnight delivery, as of the day following deposit with a national
overnight carrier; and by U.S. Mail first class postage prepaid, as of 72 hours after deposit in the U.S.
Mail.
17. Cooperation; Further Acts. The Parties shall fully cooperate with one another, and
shall take any additional acts or sign any additional documents as may be necessary, appropriate, or
convenient to attain the purposes of this Agreement.
18. Construction; References; Captions. It being agreed the Parties or their agents have
participated in the preparation of this Agreement, the language of this Agreement shall be construed
simply, according to its fair meaning, and not strictly for or against either Party. Unless otherwise
specified, any term referencing time, days, or period for performance shall be deemed calendar days
and not business days, provided, however that any deadline that falls on a weekend or holiday shall
be extended to the next City business day. All references to Applicant include all personnel,
employees, agents, and contractors of Applicant, except as otherwise specified in this Agreement. All
references to City include its elected officials, appointed boards and commissions, officers,
employees, agents, and volunteers. The captions of the various paragraphs are for convenience and
ease of reference only, and do not define, limit, augment, or describe the scope, content, or intent of
this Agreement.
19. Amendment; Modification. No supplement, modification, or amendment of this
Agreement shall be binding unless executed in writing and signed by both Parties.
20. Waiver. No waiver of any default shall constitute a waiver of any other default or
breach, whether of the same or other covenant or condition. No waiver, benefit, privilege, or service
voluntarily given or performed by a Party shall give the other Party any contractual right by custom,
estoppel, or otherwise.
21. Binding Effect. Each and all of the covenants and conditions shall be binding on and
shall inure to the benefit of the Parties, and their successors, heirs, personal representatives, or assigns.
This Section shall not be construed as an authorization for any Party to assign any right or obligation.
22. No Third Party Beneficiaries. There are no intended third party beneficiaries of any
right or obligation assumed by the Parties.
23. Invalidity; Severability. If any portion of this Agreement is declared invalid, illegal,
or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions shall
continue in full force and effect.
24. Consent to Jurisdiction and Venue. This Agreement shall be construed in
accordance with and governed by the laws of the State of California. Any legal action or proceeding
brought to interpret or enforce this Agreement, or which in any way arises out of the Parties' activities
undertaken pursuant to this Agreement, shall be filed and prosecuted in the appropriate California
State Court in the County of Los Angeles, California. Each Party waives the benefit of any provision
of state or federal law providing for a change of venue to any other court or jurisdiction including,
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without limitation, a change of venue based on the fact that a governmental entity is a party to the
action or proceeding, or that a federal right or question is involved or alleged to be involved in the
action or proceeding. Without limiting the generality of the foregoing waiver, Applicant expressly
waives any right to have venue transferred pursuant to California Code of Civil Procedure Section
394.
25. Time is of the Essence. Time is of the essence with respect to this Agreement.
26. Counterparts. This Agreement may be executed in any number of counterparts and
each of such counterparts shall for all purposes be deemed to be an original, whether the signatures
are originals, facsimiles or electronic. All such counterparts shall together constitute but one and the
same Agreement.
27. Entire Agreement. This Agreement contains the entire agreement between City and
Applicant and supersedes any prior oral or written statements or agreements between City and
Applicant with respect to the subject matter of this Agreement.
28. Attorneys' Fees. In the event of any litigation or other legal proceeding including,
but not limited to, arbitration or mediation between the Parties arising from this Agreement, the
prevailing party will be entitled to recover, in addition to any other relief awarded or granted, its
reasonable costs and expenses (including attorney's fees) incurred in the proceeding.
[signatures on the following page]
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IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the day
and year first above written.
APPLICANT:
CARTER -SPENCER
ENTERPRISES LLC, a California
limited liabiljj ,.RpgWany
By: r
�6...t�
Robert Spencer, Managing Member
CITY:
CITY OF C�N, a
corporation '// /,
ATTEST:
Donesia Gause-Aldana, City
APPROVED AS TO FORM:
ALESHIRE & WYNDER, LLP
IC
Sunny K. Soltani, City Attorney
[BRJ]
TWO (2) CORPORATE OFFICER SIGNATURES ARE REQUIRED WHERE APPLICANT IS A
CORPORATION, WITH ONE SIGNATURE REQUIRED FROM EACH OF THE FOLLOWING GROUPS: (1)
CHAIRMAN OF THE BOARD, PRESIDENT OR ANY VICE PRESIDENT; AND (2) SECRETARY, ANY
ASSISTANT SECRETARY, CHIEF FINANCIAL OFFICER OR ANY ASSISTANT TREASURER. IF
APPLICANT IS A CORPORATION AND SEEKS TO USE SIGNATORIES NOT MEETING THE
FOREGOING REQUIREMENT, APPLICANT SHALL PROVIDE CITY WITH COPIES OF BYLAWS,
ARTICLES OF INCORPORATION, OR OTHER APPROPRIATE DOCUMENTS EVIDENCING
AUTHORITY OF THE SIGNATORIES TO EXECUTE AND BIND APPLICANT. APPLICANT'S
SIGNATURES SHALL BE DULY NOTARIZED, AND APPROPRIATE ATTESTATIONS SHALL BE
INCLUDED AS MAY BE REQUIRED BY THE BYLAWS, ARTICLES OF INCORPORATION, OR OTHER
RULES OR REGULATIONS APPLICABLE TO APPLICANT'S BUSINESS ENTITY.
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EXHIBIT "A"
LEGAL DESCRIPTION OF PROPERTY
Parcel 1:
That portion of Lot 14 of the Bassett Tract, County of Los Angeles, State of California, in Book 2,
Page 44 of Maps, in the Office of the County Recorder of said County, described as follows:
Beginning at the Southeast corner of said lot; thence Northwesterly along the East line 369.80 feet to
the North line, thence Westerly along the North line 330.71 feet to a point, thence Southeasterly
367.17 feet more or less, to a point In the South line of said lot, distant Westerly 331.10 feet, from
the Southeast corner; thence Easterly along the South line 331.10 feet to the point of beginning.
Except therefrom the North 233.05 feet of said portion.
Parcel 2:
The Easterly 5 acres of Lot 15, (acreage estimated to the center of Palm Avenue, now 165th Street,
and the Westerly line of said 5 acres being parallel with the Easterly line of said lot) of the Bassett
Tract, as per map recorded in Book 2 Page 44 of Maps, in the Office of the County Recorder of said
County.
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