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HomeMy WebLinkAbout09 APPROVE HOMEOWNER AGREEMENTE P O RT Agenda Item 9 AG E N DA R Reviewed: City Manager Finance Director MEETING DATE: NOVEMBER 15, 2011 TO: WILLIAM A. HUSTON, INTERIM CITY MANAGER AND EXECUTIVE DIRECTOR FROM: REDEVELOPMENT AGENCY AND PUBLIC WORKS DEPARTMENT SUBJECT: APPROVE HOMEOWNER AGREEMENT AND MEMORANDUM FOR CERTAIN PROPERTY IN CONJUNCTION WITH THE TUSTIN RANCH ROAD EXTENSION PROJECT BETWEEN WALNUT AVENUE AND VALENCIA AVENUE (CIP No. 70100) SUMMARY Staff is requesting the City Council and the Tustin Community Redevelopment Agency approve certain agreements associated with the required applicable noise mitigation measures as identified in the Final Supplement #1 to the Final EIS/EIR for the Tustin Ranch Road Extension Project CIP No. 70100 & 70206 on or adjacent to the property located at 2391 Coco Palm Drive (Receptor 17). RECOMMENDATION It is recommended that the City Council and Tustin Community Redevelopment Agency: Approve the attached documents for 2391 Coco Palm Drive (Receptor 17) including the Project Implementation Agreement and Memorandum of Project Implementation Agreement, and authorize the Mayor, the City Manager/Executive Director or the Assistant City Manager/Assistant Executive Director to execute the agreement on behalf of the City and Agency, subject to approval as to form with any minor non-substantive modifications required by the City Attorney and which shall not become effective for three business days, pending any request for review by the California Department of Finance ("DoF"). If DoF requests review of this Agency action, DoF shall have 10 days from the date of its request to approve the Agency action or return it to the Agency for reconsideration and the action if subject to review by DoF shall not be effective until approved by DoF; and 2. Appropriate $8,055 from unappropriated funds from the CFD 06-01 Fund (434) to the Tustin Ranch Road Extension Project Capital Improvement Program Fund between Walnut Avenue and Valencia Avenue (CIP No. 70100). FISCAL IMPACT Approval of this agreement and memorandum will provide for implementation of applicable noise mitigation measures as required in the approved environmental documents and help reduce construction impacts to the homeowners during the duration of construction. The net project cost is $8,055. Although RDA tax increment funds are not being proposed currently for this Agreement, the Agreement is proposed with both the Agency and the City. Pursuant to RDA Resolution No. 11-03 adopted by the Agency on August 24, 2011, the Resolution authorized the City to take such other actions and execute such other documents as are appropriate to effectuate the intent of the Tustin Ranch Road Extension Project, CIP No. 70100 Receptor 17 Homeowner Agreement and Memorandum November 15, 2011 Page 2 Resolution and to implement the Enforceable Obligations Payment Schedule on behalf of the Agency. Home owner environmental mitigation is specifically identified within and consistent with the previous City Council actions on both the Final EIS/EIR and Final Supplemental #1 that is part of the Agency's bond obligations in the MCAS Tustin Project Area, as specifically related to the construction of Tustin Ranch Road. DISCUSSION AND BACKGROUND Phase 1 construction of the Tustin Ranch Road Extension Project is currently underway. Plans for Phase 2 of construction will soon be completed and construction bids will soon be solicited. Final Supplement No. 1 to the Final EIS/EIR was approved by the City Council on December 6, 2004. Resolution No. 04-77 provides for findings of fact, a statement of overriding considerations, and a mitigation and monitoring program for this roadway extension. The mitigation measures adopted to mitigate noise impacts from the roadway extension affect 2391 Coco Palm Drive (Receptor 17) and this agreement and memorandum satisfy all City obligations related to these mitigation measures. Christine A. Shingleton o gl s S. Stack, P.E. Assistant City Manager it ct r f Public Works/City Engineer Attachment 1: Project Implementation Agreement (Receptor 17) Attachment 2: Memorandum of Project Implementation Agreement (Receptor 17) S:\City Council Items\2011 Council Items\Approval of Homeowner Agreement and Memorandum for Receptor 17 for TRR Extension Project CIP 70100.docx Attachment 1 PROJECT IMPLEMENTATION AGREEMENT (Noise Reduction Improvements-Tustin Ranch Road Extension) This Project Implementation Agreement (this "A~eement") is made and entered into as of the ~~ day of 0~s.6~i~~ , 201 1, by and between the CITY OF 'I'USTIN, a municipal corporation of the State of California ("City"), and the TUSTIN COMMUNITY REDEVELOPMENT AGENCY, a California redevelopment agency ("Agency"), on the one hand (City and Agency are collectively referred to herein as "City"), and MARLENE [.. EICII, Trustee of the Marlene L. Eich Trust ("Owner") on the usher hand. A. Owner owns real property located in the City of Custin, County of Orange, State of California (the "Property"), which Property is described on Exhibit A attached hereto and made a part hereof. I3. City proposes to construct an extension of Tustin Ranch Road from Walnut Avenue to Valencia North Loop Road (the '`Project"). C. City must implement applicable noise impact mitigation measures for the Project (the "Applicable Mitigation Measures") as set forth in the Final EISlEIR for the Disposal and Reuse of MCAS Tustin; Final Supplement ~i to the Final EIS/EIR for the Disposal and Reuse of MCAS Tustin for Tustin Ranch Road Extension-Walnut Avenue to Valencia North Loop Road (Final Supplement); and Addendum to the Final ElS/EIR for the Disposal and Reuse of MCAS Tustin for Zone Change (Specific Plan Amendment OS-002) (collectively, the "EIR"). D. The Applicable Mitigation Measures require the construction of a sound wall (a "Sound Wall") in certain Icxations adjacent to both the eastern and western boundaries of the Project area, and the installation of certain property-specific improvements designed to abate noise for specified residential and institutional properties located adjacent to the Project area (the "Property-Specific Improvements") (collectively, the Sound Wall and Property-Specific Improvements are referred to in this Agreement as the "Noise Reduction Improvements.'') E. 'I he technical studies in the EIR analyzed the Noise Reduction Improvements and found that they are sufficient to mitigate noise impacts resulting following the completion of the Project and the Project's operation at full capacity. F. City is willing to provide Owner with a sum of money (the "Mitigation Payment") sufficient to fund and compensate Owner for (i) the complete implementation of the Noise Reduction Improvements applicable to the Property; (ii) a license to enter the Property to document the Property's existing condition; (iii) the cooperation of Owner in City's installation of the Sound Wall abutting and/or adjacent to the Property; and (iv) any future ancillary costs for increased cleaning and maintenance of the Property and improvements located thereon incurred by Owner or its tenants and/or any future impact on the use or enjoyment of the Property suffered by Owner or its tenants as a result of dirt, dust, or noise amibutable to implementation of the Project and the Noise Reduction Improvements (collectively, "Ancillary Costs"). G. Owner is willing to accept such Mitigation Payment and other good and valuable consideration as full payment for and satisfaction of (i) Owner's right to installation of all applicable Noise Reduction Improvements; (ii) Owner's grant to City of a license to enter the Property to document the Property's existing condition; (iii) Owner's cooperation in City's installation of the Sound Wall; and (iv) all Ancillary Costs, subject to the terms and conditions set forth in this Agreement. 7671021 NOW, THEREFORE, in consideration of the mutual promises, covenants and conditions contained herein, and other good and valuable consideration, the receipt and sufficiency of which is ~rcknowledged by each of the parties, Ciry and Owner agree as follows: I. Noise Reduction Im~rov_ements. City and Owner acknowledge and confirm that, pursuant to the Applicable Mitigation Measures, in connection with City's completion of the Project, Owner is entitled to the installation on or near the Property of the Noise Reduction Improvements set forth on Exhibit B attached hereto and made a part hereof. Owner further acknowledges and contrms that City is not obligated pursuant to the Applicable Mitigation Measures or otherwise to provide advance funds for potential Ancillary Costs. 2. Mitigation Payment. City hereby agrees to pay Owner a Mitigation Payment in the amount of Eight Thousand Fifty-Five Dollars and 00/100 Cents ($8,055.00), as consideration for, and/or in full satisfaction of all costs and expenses for (i) Owner's cooperation in installing the Sound Wall adjacent to or abutting the Property as shown in Exhibit B; (ii) Owner's grant to City of a license to enter and document the existing condition of the Property in accordance with Paragraph 7 of this Agreement; (iii) installation of the Property-Specific (mprovements that are listed on Exhibit B; and (iv) future Ancillary Costs incurred or suffered by Owner or its tenants. Owner hereby acknowledges and confirms its acceptance and receipt in full of such Mitigation Payment. Owner further specifically confirms that such Mitigation Payment is sufficient to fund and provide the complete implementation of the Noise Reduction ]mprovements applicable to the Property and Owner is willing to accept such Mitigation Payment in full satisfaction of Owner's right to installation of the applicable Noise Reduction Improvements, and as full mitigation of, and in payment for any Ancillary Costs incurred or suffered by Owner or its tenants. City acknowledges that any and all costs of materials, tasks and/or activities required to construct the Sound Wall shall be funded independently by City in addition to City's payment to Owner of the Mitigation Payment. 3. Implementation of Pro~rty-Specific Improvements by Owner. Owner hereby confirms that City's payment and Owner's acceptance of the Mitigation Payment fulfills City's obligation, if any, to cause installation of the Property-Specific Improvements under the Applicable Mitigation Measures. Owner and City agree and acknowledge that following delivery of the Mitigation Payment, City shall have no further obligation to cause the installation of any Property-Specific Improvements, and any and all such Property-Specific Improvements to the Property shall be implemented by Owner, or caused to be implemented by Owner as contemplated by this Agreement. 4. Specifications and Estimates for Property-Specific Improvements. Owner hereby acknowledges and confirms that Ciry has obtained and provided Owner with specifications for, and an estimate of the cost to install, the Property-Specific lmprovements that are listed on Exhibit B, and that such estimated cost is less than the amount of the Mitigation Payment. 5. Acknowledgement and Certification of Satisfaction of Applicable Mitigation Measures. Owner and City hereby confirm and acknowledge that City's installation of the Sound Wall and payment to Uwner of the Mitigation Payment constitutes full implementation of the Noise Reduction Improvements for the Property as required by the Applicable Mitigation Measures. Owner further agrees that the City's installation of the Sound Wall and payment of the Mitigation Payment fulfills City's obligations to Owner under the Applicable Mitigation Measures, Owner is not entitled to further Noise Reduction lmprovements related to the Project, and City shall not be responsible to Owner or its tenants for additional Ancillary Costs. 767102.1 6. acknowledgements and Release. Owner acknowledges and confirms that following City's payment to Uwner of the Mitigation Payment, City has no control over Owner's timing of and ultimate installation of the Property-Specific Improvements, if any, and City has no ability to ensure that Uwner will use the Mitigation Payment for implementation of the Property-Specitc Improvements or to satisfy any applicable Ancillary Costs. Owner further acknowledges and agrees that City's performance of the provisions of this Agreement, including payment of the Mitigation Payment, shall constitute full and fair compensation and consideration for any and all claims that Uwner, and its successors and assigns, may have against City by reason of City's obligation to install the Noise Reduction Improvements pursuant to the EIR and/or for any future Ancillary Costs incurred or suffered by Owner or its tenants as a result of implementation of the Project and the Noise Reduction Improvements. Accordingly, Owner hereby agrees as follows: a. Except with respect to City's obligations under this Agreement and its obligation to construct the Sound Wall, Owner, for itself, and each of its representatives, agents, assigns, successors-in-interest, knowingly and voluntarily releases and discharges City and each of its otTcers, employees, representatives, agents, successors and assigns, from any and all present and future claims, damages, liabilities and causes of action, including, without limitation, any and all claims for personal or bodily injury or death to any person, and for damage to the Property or the property of any person, which are related to, arise out of, result from, or are connected with (i) the installation of the Noise Reduction Improvements, including, but not limited to, the failure of the Noise Reduction Improvements to meet the standards set forth by the Applicable Mitigation Measures, failure of Owner to install the applicable Property-Specific Improvements, and any damages to persons, the Property or personal property located upon the Property resulting from installation of the Noise Reduction Improvements by a contractor retained by Uwner, or a contractor retained by City, or (ii) any ancillary costs for increased cleaning and maintenance of the Property or improvements located thereon incurred by Owner or its tenants and/or any impact on the use or enjoyment of the Property suffered by Owner or its tenants as a result of dirt, dust, or noise attributable to the implementation of the Project or the Noise Reduction improvements. Notwithstanding the foregoing, nothing herein is intended or shall be construed as a waiver by Owner or any third party of any claims caused by, resulting from, or attributable to the negligent, reckless, or wrongful conduct of City or any of its officers, employees, contractors, representatives, or agents. There is a risk that subsequent to the execution of this Agreement, Owner will discover, incur or suffer loss, damages or injuries that are in some way related to the matters released, but which are unknown or unanticipated at the time that this Agreement is executed. Each person or entity executing this Agreement hereby assumes this risk and understands that to the extent of the releases set forth above, 'T'HIS AGREEMENT SHALL APPLY TO ALL UNKNOWN OR UNANTICIPATED RESULTS OF, OR RELATED TO, THE MATTERS RELEASED ABOVE, AS WELL AS TFIOSE KNOWN AND ANTICIPATED. Owner, and each of them, hereby expressly acknowledges that she, he or it is familiar with section 1542 of the California Civil Code which provides: A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor. ~h>>oz i Owner understands and acknowledges the significance and consequence of this specific waiver of section 1542. Having the opportunity to consult with legal counsel, Owner expressly waives and relinquishes any and all rights and benefits which she, he or it may have under section 1542 of the Civil Code to the full extent that such rights and benefits may be lawfully waived pertaining to the subject matter of this Agreement. 7. Documentation of Property Condition. In consideration of the payment of the Mitigation Payment, which includes an amount for Owner's grant to City of a license to enter the Property, Owner's installation of Project-Specific Improvements and Ancillary Costs, Owner hereby grants City the right to document at reasonable times and upon written or verbal request the pre-existing condition of the exterior of the Owner's Property, which includes, without limitation, the right to document, videotape and photograph the pre-existing condition of the exterior of the Property. Owner or Owner's designated representative(s) shall have the right to be present and accompany City's employees, representatives or agents at all times they are present on the Property for such purposes. City agrees to hold harmless and indemnify Owner from and against any and all damage, claims, demands, actions, and causes of action for personal or bodily injury or death to any person or permanent damage to property of Owner proximately arising out of, or resulting from, the City's exercise of this right in a manner that is negligent, reckless, or involves wrongful misconduct. 8. Notices. Any and all notices given or delivered by any party hereto shall be delivered in person or by Federal Express or similar private commercial courier for next business day delivery or otherwise deposited in the United States mail in the County of Orange, Sate of California, duly certified or registered, postage prepaid, and addressed as set forth below: To City: City of Tustin 300 Centennial Way Tustin, CA 92780 Attention: Mr. Ken Nishikawa Woodruff, Spradlin & Smart With a Copy'I~o: 555 Anton Boulevard Costa Mesa, CA 92870 Attn: Douglas C. Holland To Owner: Marlene L. Etch 2391 Coco Palm Drive Tustin, CA 92780 9. Successors and Assiens. 'this Agreement shall be binding upon and inure to the benefit of each of the parties hereto and their respective successors and assigns. City and/or Agency may, at their/its option, assign their/its rights under this Agreement without obtaining the consent of Owner. 10. Entire AgLeement. No representations or covenants of any kind other than those expressly contained herein have been made by either parry hereto. This Agreement may only be modified or amended by an agreement in writing duly executed and delivered by each of the parties hereto. 1 1. Severabiliri. If any provision of this instrument, or the application thereof to any person or circumstances, is found to be invalid, the remainder of the provisions of this instrument, or the application of such provision to persons or circumstances other than those as to which it is found to he invalid, as the case may be, shall not be affected thereby. 4 ~~~ t oi. t 12. Memorandum of Agreement. Owner and City shall execute a memorandum of agreement pertaining to this Agreement, in the form attached hereto as Exhibit C. Such memorandum of agreement shall he recorded against the property in the Official Records of Orange County following execution of thereof. 13. Governing Law. This Agreement shall he governed in accordance with the laws of the State of California. 14. Counterparts. This Agrecment may be executed in counterparts, each of which shall be dccmed an original and which together shall constitute a single a~eement. IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. OWNER CITY CITY OF TUST(N, a municipal corporation of the BY~ ~ ~0•~iState of California Marlene L. Eich Trustee, Marlene L. Eich Trust By: _ Name: Titlc: AGENCY TUSTiN COMMUNITY REDEVELOPMENT AGENCY, a California redevelopment agency By: Name: Title: ATTEST: By: Pamela Stoker City Clerk APPR¢~E~ AS TO FQ~tM: ~,-. -, By: ~ ~L1nu.g1 snd ,N ~ tc City Attorney 5 ~~no2 i EXHIBIT A Descriation of Proaerty Address: 2391 Coco Palm Drive ~rustin, California 92780 Leal Description: I.ot 33 of Tract 8088 in the City of Tustin, County of Orange, State of California, as shown on a map filed in F3ook 323, Pages 27 to 30, inclusive of Miscellaneous Maps, records of Orange County, California. APN: 432-424-18 ,~zioz i F,XHIBIT B noise Reduction Improvements Property-Specific Improvements applicable to the Property: Pursuant to Mitigation Measure NR-4, replacement of three (3) windows having a direct view of the proposed Tustin Ranch Road Extension located in second floor bedrooms with acoustic-rated window/door assemblies having a Sound Transmission Class (STC) rating of at least 35 STC, as further described in the January 27, 2011 assessment report prepared by Vista Environmental attached hereto. 2. For purposes of protecting the Property, a Sound Wall will be constructed within the Tustin Ranch Road Right-of--Way on City property adjacent to the Property as generally depicted on the drawing attached to the January 27, 2011 assessment report prepared by Vista Environmental attached hereto. 767102.1 VISTA E~iVIRONI~IENT~IL January 27, 2011 Ken Nishikawa Tustin Legacy Development Services Manager City of Tustin 300 Centennial Way Tustin, CA 92780 SUBJECT: TUSTIN RANCH ROAD NOISE MITIGATION FOR RECEPTOR 17 - 2391 COCO PALM DRIVE. Deaz Mr. Nishikawa: This letter details the required improvements to the residence at 2391 Coco Palm Drive (Receptor l7) in order to comply with the onsite mitigation described in the .Supplement to the Final EI.S/E1R jnr the Disposal and Reuse of the ~Llarine Corps Air Station Tustin, C'alijornia E.rtension oJTustin Ranch Road Between Walnut Avenue and the Future Alignment of Valencia .North Luop Ruud, prepared by Michael Brandman Associates, May 27, 2004. Mitigation Measure NR-3 requires that forced air ventilation shall be provided for the second story of Receptor 17. Forced air ventilation has been determined to consist of a forced air ventilation system that is capable of blowing air without heat or air conditioning turned on and has vents in all habitable rooms. Mitigation Measure NR-4 requires that all second-story windows and/or Glass doors that have a direct view of the proposed Tustin Ranch Road extension shall be replaced with acoustic-rated window/door assemblies that have a Sound Transmission Class (STC) rating of at least 35 STC. Non-sensitive areas (e.g., bathrooms) do not require the implementation of any improvements. fn order to determine the extent of improvements required for Receptor 17, representatives from Vista Environmental, Kenco Builders (562) X47-1993, and Gomez lieating and Air Conditioning Inc. (877) 804-2891, met with Marlene Eich and performed a site inspection of 2391 Coco Palm Drive on January 13, 20l 1 at 4:30 p.m. The site inspection consisted of testing the existing forced air unit for compliance and inspecting and measuring the upstairs windows for type and size. "I'he inspection found that the existing forced air unit meets the requirements of NR-3, since the forced air unit is capable of blowing air to the habitable rooms on the second floor without the heater or air conditioning on. The inspection also found that there are three windows located in the second floor bedrooms that do not meet the 35 STC rating requirements of NR-4. A summary of the inspection findings are shown on the attached Figure. 1021 DIDRIKSON WAY ~AGL'NA 3F.ACH CALIFORNIA 92651 ?HONE 949 Sl0 5355 °.4cslMa.s 949 715 3529 ELECTRONIC GR1;G®VISTAL3.COM Page 1 of 2 The following table provides the calculated costs to replace the three windows. The bid is based on the nearest available windows with an 35 STC rating to the existing windows, which are Milgard, white vinyl, dual pane, retrofit windows. "em Window Size Cost Description Window-1 10'X3'6 $1,066.30 Vinyl, dual-pane, retrofit frame, STC 35 Window-2 6'X3'6" $631.26 Vinyl, dual-pane, retrofit frame, STC 35 Window-3 4'x4' $561.88 Vinyl, dual-pane, retrofit frame, STC 35 labor $700.00 Remove/replace effected windows Paint $700.00 Paint affected areas Hardware $150.00 Miscellaneous hardware Supervision $400.00 Profit/ Overhead $841.89 Permit Fees $0 No permit required for retrofit windows Total Coat 15,051.33 "l"he total calculated cost to replace the windows is 55,05133. Additional details of the windows to be ordered are attached. P(case call me at (949) 510-5355 if you would like me to proceed with making the above improvements or have any questions related to the above. Sincerely, ~~~ Greg "I'onkovich Senior Analyst Vista Environmental VISTA E;WIRON~'IE:YTAL 1021 DIDRIKSOV `NAY 1.AGUNA BEACH CALIFORNIA 92651 ?FtoNE 949 S10 5355 ACS[Ma,E 949 715 3629 ELECTRONIC GREG(a3VISTAL9.COM PAGE 2 oft Mitigation: Provide forced air-ventilation on 2nd floor if not existing. Provide 35 STC-rated windows/doors on 2nd floor. / ~~ 2381 COCO _M DRIVE 2391 COCO PALM DRIVE ~ ~ 3~ 17 exisr. cor , EXIST CC~F ~ 1~ ~4 _ _ ~~ Forced Air Unit - Payne Model No. 394GA8100, 80,000 BTU. Unit was checked and is capable of blowing air without heat or AC. Registers were checked and are provided in all living areas on 2nd floor. W/D # Room Size Material W-1 Master Bedroom 10' x 3'6" Milgard -white, dual pane, retrofit, installed 2001. W-2 Bedroom 6' x 3'6" Milgard -white, dual pane, retrofit, installed 2001. 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D.owlr. {~- Raorirt d Ordul :fit 0001 ~ocallwK t Tuswry. 8170T, MV, FbOIP x ~ UF. 0.r8, SGC: 0.61, VLT: 0.80 - -~° 7/!? ~anYnagd (s.wq Gaw> aid 3118' CIMr F1n Plaamm~t 1" !Y0 Fh SMfrd[ W sbcco to7 980Yq ObtYa[ XO: FranN (.alar.lMUK OprmW E)AUIoI Color: Np1~ C,'f~ tlud talaL~O (terMrd ahssk E,nsr~ Pd~pK Mo; AIriMYd Ak Ou1rr Gllpa lit Cip/ae l~nwnbd (Silt' GJawy, Inner Gflw lir t)pllsr Clrr, Gltas TAkJt 1: 713?; GVoI Ttddt 23118'; EdpK?NO'8AA)L t/0c QY Fii )IarC tIM1i TYPr 6inwtTarJC Stmnc SCwxn wil Pd RaR - Ltn~ 4Mn Ca~wnta~la: STC 38 EXHIBIT C Memorandum of Project Implementation Agreement (See Attached) ~b~im i RECORDING REQUES'T'ED BY AND W11EN RECORDED RETURN TO: City of Tustin ,1ttn: fen Nishikawa 300 Centennial Way i'ustin, CA 92780 Exempt from recording fee per (;ovemmcnt Code §§ 6103 and 27383 APN: 432-424- 18 (Space Abovc This Lme for Recorder's Usel MEMORANDUM OF PROJECT IMPLEMENTATION AGREEMENT 't'his Memorandum of Project implementation Agreement (this "Memorandum") is made and cntcred into as of the day of , 2011, by and between the CITY OF 'I'US'I'IN, a municipal corporation of the State of California ('`City"), and the I'US"f IN CUMMUN[TY REDEVELOPMENT AGENCY, a California redevelopment agency ("Agency"), on the one hand (City and Agency are collectively referred to herein as "City"), and MARLENF, L. E[CII, Trustee of the Marlene L. Eich Trust ('`Owner") on the other hand. A. Owner and City have entered into that certain Project Implementation Agreement, dated as of 2011 (the "Agreement"), which Agreement, as executed, is attached hereto as Exhibit B and incorporated herein by this reference. B. 'T'he Agreement affects and relates to that certain real property owned by Owner located in the City of Tustin, County of Orange, State of California (the "Property"), which Property is described on Exhibit A attached hereto and incorporated herein by this reference. C. Owner and City desire to execute this Memorandum to provide notice of the existence of the Agreement and all rights and obligations under the Agreement to all appropriately interested persons, including without limitation any and all future owners of the Property or any part thereof or any interest therein, and in no way modifies the provisions of the Agreement. NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the City and Owner hereby agree and confirm as follows: I. Definitions. All capitalized words used herein, unless otherwise defined, shall have the meanings ascribed to them in the Agreement. "terms of A~~reement. (a) Pursuant to the Agreement, Owner has accepted aone-time Mitigation Payment from City as consideration for, and/or in full satisfaction of all costs and expenses for, (i) Owner's cooperation in City's installation of a Sound Wall adjacent to or abutting the Property; (ii) Owner's grant to City of a temporary license to enter '~o~u; i the Property and document its axisting condition; (iii) installation of the Property-Specific Improvements applicable to the Property; and (iv) the future Ancillary Costs incurred or sutf'ered by Owner or its tenants as a result of the implementation of the Project and Noise Reduction Improvements. (b) Eursuant to the Agreement, by its acceptance of such Mitigation Payment, Owner acknowledged and confirmed the sufficiency of such Mitigation Payment to fund and implement the Noise Reduction Improvements applicable to the Property, and confirmed its acceptance of such Mitigation Payment as full satisfaction of Owner's right to installation of applicable Noise Reduction Improvements and as full payment for the Ancillary Costs. (c) Pursuant to the Agreement, by accepting the Mitigation Payment, Owner has confirmed City's fulfillment of its obligation, if any, to cause installation of the Property-Specific Improvements and Noise Reduction Improvements under the Applicable Mitigation Measures, that City has no further obligation to cause installation of any Noise Reduction Improvements or Property-Specific Improvements, and that any and all such Property-Specific Improvements to the Property shall be implemented by Owner. (d) Pursuant to the Agreement, Owner has further acknowledged and agreed that City's performance of the provisions of the Agreement, including payment of the Mitigation Payment, shall constitute full and fair compensation and consideration fur any and all claims that Owner, and its successors and assigns, may have against City by reason of City's obligation to install the Noise Reduction Improvements pursuant to the EIR and/or for any future Ancillary Costs incurced or suffered by Owner or its tenants as a result of implementation of the Project and the Noise Reduction Improvements. (e) Pursuant to the Agreement, Owner has confirmed that its acceptance of the Mitigation Payment shall be sufficient consideration fur the release of City by Owner and all of Owner's heirs, successors, assigns and successors in interest in and to the Property, from present and future claims, damages, liabilities and causes of action relating to the installation of the Noise Reduction Improvements or Ancillary Costs incurced or suffered by Owner or its tenants, as such releases are more particularly set forth in Section 6 of the Agreement. (t) The waivers, releases, obligations and covenants of Owner more fully set forth in the Agreement are and shall be binding upon Owner and all of Owner's heirs, successors, assigns and successors-in-interest in and to the Property or any part thereof. By taking title to the Property, such heirs, successors, assigns, successors-in-interest and other transferees of Owner acknowledge and agree to be bound by this Memorandum and the Agreement. 3. Provisions. "To the extent of any inconsistency between the Agreement and this Memorandum, the Agreement shall control. 4. Successors and AssiQrts. 'this Memorandum shall be binding upon and inure to the benefit of each of the parties hereto and their respective successors and assigns. 'e'uu.i y ~. Guverning,Law. This Memorandum shall be governed in accordance with the laws of the State oi~Califomia. 6. Recordation. City and Owner Hereby confirm and acknowledge that this Memorandum shall be recorded in the Ot~icial Records of Orange County, California, following execution. 7. Counterparts. This >Memorandum may be executed in counterparts, each of .vhich shall he deemed an original and which together shall constitute a single agreement. !N WITNESS WHEREOF, the parties have executed this Memorandum as of the date tirst written above. OWNER E3v: Marlene L. Eich Trustee, Marlene L. Eich Trust CITY CITY OF TUS"TIN, a municipal corporation of the State of Califomia By: Name: "Title: AGENCY TUSTIN COMMUNITY REDEVELOPMENT AGENCY, a California redevelopment agency ay: Name: Title: ATTEST: ley: Pamela Stoker City Clerk APPROVED AS TO FORM: By: Douglas C. Holland City Attorney 3 'h'llli I State of California ) ss. County of ) On before me, . a notary public, personally appeared ,who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capaciry(ies), and that by His/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WI'I'NI/SS my hand and official seal. Signature (Seal) ,~„i~~; i State of California ) ss. County of ) Un before rne, , a notary public, personally appeared ,who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (Seal) 'e71~~± I State of California ) ss. County of ) On before me, , a notary public, personally appeared ,who proved to me on the basis of satisfactory evidence to he 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 capaciry(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. l certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (Seal) ;h~tn; i EYHIBIT A Leval Description of Property Lut 33 of Tract 8088 in the City of Tustin, County of Orange, State of California, as shown on a map filed in E3ook 323, Pages 27 to 30, inclusive of Miscellaneous Maps, records of Orange County, California. APN:432-424-18 EXHIBIT B Fully-Executed Project Imalementation Agreement (See Attached) -nnu; i Attachment 2 R~:CORDING REQUESTED BY AND WHEN RECORDED RETURN TU: City of Tustin .Attn: Ken Nishikawa 300 Centennial Way Tustin, CA 92780 Exempt from recording fee per Government Code g§ 6103 and 27383 APN:432-424-18 (Spxe Above fnis I_tne for Recorder's Uscl MEMORANDUM OF PROJECT IMPLEMENTATION AGREEMENT This Memorandum of Project Implementation Agreement (this "':Memorandum") is made and entered into as of the 1+~ day of ~e~e.~J , 2011, by and between the CITY OF T[JS~'IN, a municipal corporation of the State of California ("City"), and the I"USTIN COMM[JNITY REDEVELOPMEN~f AGENCY, a California redevelopment agency ("Agency"), on the one hand (City and Agency are collectively referred to herein as "City"), and MARLENE L. ETCH, Trustee of the Marlene L. Eich "f rust ("Owner") on the other hand. A. Owner and City have entered into that certain Project [mplementation .Agreement, dated as of Q~I ~~_. ?Oll (the "Agreement"), which Agreement, as executed, is attached hereto as Exhibit B and incorporated herein by this reference. f3. The Agreement affects and relates to that certain real property owned by Owner located in the City of Tustin, County of Orange, State of California (the `'Property"), which Property is described on Exhibit A attached hereto and incorporated herein by this reference. C. Owner and City desire to execute this Memorandum to provide notice of the existence of the Agreement and all rights and obligations under the Agreement to all appropriately interested persons, including without limitation any and all future owners of the Property or any part thereof or any interest therein, and in no way modifies the provisions of the Agreement. NOW, TIIEREFURE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the City and Owner hereby agree and confirm as follows: 1. Definitions. All capitalized words used herein, unless otherwise defined, shall have the meanings ascribed to them in the Agreement. terms of Agreement. (a) Pursuant to the Agreement, Owner has accepted aone-time Mitigation Payment from City as consideration for, and/or in full satisfaction of all costs and expenses for, (i) Owner's cooperation in City's installation of a Sound Wall adjacent to or abutting the Property; (ii) Owner's grant to City of a temporary license to enter the Property and document its existing condition: (iii) installation of the Property-Specific; Improvements applicable to the Property; and (iv) the future Ancillary Costs incurred or suffiered by Owner or its tenants as a result of the implementation of the Project and Noise Reduction Improvements. (b) Pursuant to the Agreement, by its acceptance of such Mitigation Payment, Owner acknowledged and confirmed the sufficiency of such Mitigation Payment to fund and implement the Noise Reduction Improvements applicable to the Property, and confirmed its acceptance of such Mitigation Payment as full satisfaction of Owner's right to installation of applicable Noise Reduction Improvements and as full payment for the Ancillary Costs. (c) Pursuant to the Agreement, by accepting the Mitigation Payment, Owner has confirmed City's fulfillment of its obligation, if any, to cause installation of the Property-Specific Improvements and Noise Reduction Improvements under the Applicable Mitigation Measures, that City has no further obligation to cause installation of any Noise Reduction Improvements or Property-Specific Improvements, and that any and all such Property-Specific Improvements to the Property shall be implemented by Owner. (d) Pursuant to the Agreement, Owner has further acknowledged and agreed that City's performance of the provisions of the Agreement, including payment of the Mitigation Payment, shall constitute full and fair compensation and consideration for any and all claims that Owner, and its successors and assigns, may have against City by reason of City's obligation to install the Noise Reduction Improvements pursuant to the EIR and/or for any future Ancillary Costs incurred or suffered by Owner or its tenants as a result of implementation of the Project and the Noise Reduction Improvements. (e) Pursuant to the Agreement, Owner has confirmed that its acceptance of the Mitigation Payment shall be sufficient consideration for the release of City by Owner and all of Owner's heirs, successors, assigns and successors in interest in and to the Property, from present and future claims, damages, liabilities and causes of action relating to the installation of the Noise Reduction Improvements or Ancillary Costs incurred or suffered by Owner or its tenants, as such releases are more particularly set foRh in Section 6 of the Agreement. (f) The waivers, releases, obligations and covenants of Owner more fully set forth in the Agreement are and shall be binding upon Owner and all of Owner's heirs, successors, assigns and successors-in-interest in and to the Property or any part thereof. By taking title to the Property, such heirs, successors, assigns, successors-in-interest and other transferees of Owner acknowledge and agree to be bound by this Memorandum and the Agreement. 3. Provisions. ~fo the extent of any inconsistency between the Agreement and this Memorandum, the Agreement shall control. 4. Successors and Assiens. This Memorandum shall be binding upon and inure to the benefit of each of the parties hereto and their respective successors and assigns. 5. Governing Law. This Memorandum shall be governed in accordance with the laws of the State of California. 6. Recordation. City and Owner hereby confirm and acknowledge that this Memorandum shall be recorded in the Official Records of Orange County, California, following execution. 7. Counterparts. Chis Memorandum may be executed in counterparts, each of which shall be deemed an original and which together shall constitute a single agreement. 1N WITNESS WIiF.REOF. the parties have executed this Memorandum as of the date first written above. OWNER CITY c/ CITY OF TUSTIN, a municipal corporation of the gy. ~)~2~!~ h ~~ I(L~•' (State of California Marlene L. Eich Trustee, Marlene L. Eich Trust By: Name: Title: AGENCY 1'USTIN COMMUNITY REDEVELOPMENT AGENCY, a California redevelopment agency By: Name: Title: ATTEST: By: Pamela Stoker City Clerk APP ED AS TO FURM: By: Be~gMrE-He+Iand ~, uc , t~ City Attorney 3 State of California ) 5Y ~rF k~R~~~,~_ ~~~,~-,,~ County of Y~7i= ~~RrNc; On ~ ~ ' 2~ '~ before me, personally appeared of satisfactory evidence to b ersonJ whose ackno edg to me that h she/th a ecuted the by his erlthe signatur o mstrumcnt the ~ person acted, execute the instrument. ,k~/~'~- Y2~~1( , a notary public, ,who proved to me on the basis J bscribed to the within instr ant and r/t it authorized capacity ' s), and that or t e entity upon behalf of which the I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. ` Signature (Seal) ALKA CHOWHAN-PATEL Commission * 1903399 '~ Notary Public -California Orange County M Comm. Expires Sep 10, 2014 7r~?tu; l State of California ) ) S5. County of _ ) On before me, , a notary public, personally appeared ,who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/sheithey executed the same in his/heritheir authorized capacity(ies), and that by hisiher/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENAI,'1'Y OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (Seal) h'I~1~ I State of California ) ) SS. County of ) On before me, , a notary public, personally appeared ,who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by I~is/l~er/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. f certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (Seal) F,XHIBIT A Legal Description of Property Lot 33 of'Tract 8088 in the City of Tustin, Cuunty of Orange, State of California, as shown on a map filed in Buok 323, Pages 27 to 30, inclusive of Miscellaneous Maps, records of Orange County, California. AP'J: 432-424-I 8 ,,,;in; i EXHIBIT B Fully-Executed Project Implementation Aereement (See Attached)