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HomeMy WebLinkAboutAttachment E, Exhibit 1, T - Notice of Effective DateEXHIBIT T Notice of Effective Date 5764-41062 \APB360\AORM'111136768.6 5/1/13 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: Vice Chancellor, Business Services SOUTH ORANGE COUNTY COMMUNITY COLLEGE DISTRICT 28000 Marguerite Parkway Mission Viejo, California 92692 -3635 Exempt from Recording Fees Per Government Code Section 6103 (Space Above for Recorder's Use) MEMORANDUM OF EFFECTIVE DATE OF DEVELOPMENT AGREEMENT THIS MEMORANDUM OF EFFECTIVE DATE OF DEVELOPMENT AGREEMENT ( "Memorandum ") is entered into as of , 201_ by the CITY OF TUSTIN, a municipal corporation ( "City") and the SOUTH ORANGE COUNTY COMMUNITY COLLEGE DISTRICT, a public agency ( "SOCCCD "). City and SOCCCD are sometimes collectively referred to herein as the "Parties." RECITALS A. City and SOCCCD executed that certain "Development Agreement and Amended and Restated Agreement between the City of Tustin and the South Orange County Community College District for the Conveyance of a Portion of MCAS Tustin and the Establishment of an Advanced Technology Educational Campus" dated , 201_ and recorded on 201 in the Official Records of Orange County, California (the "Official Records ") as Instrument No. (the "Development Agreement "). B. Pursuant to Section 1.4 of the Development Agreement, the Development Agreement shall not become effective until the "Effective Date" (as such term is defined in the Development Agreement). Also pursuant to Section 1.4 of the Development Agreement, the Effective Date shall be evidenced by the recordation in the Official Records of this Memorandum executed by City and SOCCCD. C. The Parties desire to confirm that the Effective Date has occurred by recording this Memorandum in the Official Records. NOW, THEREFORE, the Parties agree as follows: 5764 440621APB360 \1127662.2 4/24/13 1. EFFECTIVE DATE. The Parties agree that the Effective Date has occurred, which shall be the date that this Memorandum is recorded in the Official Records. Accordingly, the Development Agreement shall be in full force and effect. 2. EFFECT OF MEMORANDUM. The effect of this Memorandum is to confirm that the Development Agreement shall be an encumbrance against the "SOCCCD Property," as such term is defined in Section 2.1 of the Development Agreement. IN WITNESS WHEREOF, the Parties have each executed this Memorandum as of the date first written above. Approved as to Form: City Attorney or Special Counsel By: 2 CITY OF TUSTIN Name: Jeffrey C. Parker Title: City Manager SOUTH ORANGE COUNTY COMMUNITY COLLEGE DISTRICT By: Name: Gary L. Poertner Title: Chancellor 5764- 44062\APB360 \1127662.2 4/24/13 STATE OF CALIFORNIA COUNTY OF On , before me, (here insert name and title of the officer) personally appeared and personally known to me (or proved to me on the basis of satisfactory evidence) to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument the persons, or the entity upon behalf of which the persons acted, executed the instrument. WITNESS my hand and official seal. Signature: STATE OF CALIFORNIA COUNTY OF On , before me, (SEAL) (here insert name and title of the officer) personally appeared and personally known to me (or proved to me on the basis of satisfactory evidence) to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument the persons, or the entity upon behalf of which the persons acted, executed the instrument. WITNESS my hand and official seal. Signature: (SEAL) 5764 - 440621 9336011127662.2 4/24/13