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HomeMy WebLinkAboutCC 5 QUITCLAIM DEED 11-07-94NO. 5 11-7-94 DATE: NOV .E~BER 7, 1994 Inter-Com TO: FROM: SUBJECT: WILLIAM A. HUSTON, CITY MANAGER PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION EXECUTION OF A QUITCLAIM DEED RELEASING A TEMPORARY CONSTRUCTION EASEMENT FOR THE FIRST PHASE OF THE REGIONAL RIDING AND HIKING TRAIL AND REGIONAL BICYCLE TRAIL RECOMMENDATION It is recommended that the City Council, at their meeting of November 7, 1994, authorize the Mayor and City Clerk to execute the attached Quitclaim Deed. FISCAL IMPACT None. BACKGROUND On May 19,1992, the City of Tustin entered into an agreement with the Irvine Company and the County of Orange for the construction of a regional riding and hiking trail and regional bicycle trail through Assessment District No. 86-2 funding. As stated in the agreement, construction of the trail will occur in four phases and each phase requires a temporary construction easement from the Irvine Company. Construction of the first phase of the trail has been completed and the attached Quitclaim Deed will release the temporary construction easement back to the Irvine Company. Per Section 8 of the Trail Agreement, the executed Quitclaim Deed is to be delivered to First American Title Company for recordation. Director of Public Works/ City Engineer ~y 6tteson Associat~ civil Engineer [-General Counsel Land Development Companies The lrvine Company ]Quitclaim Deed FOR A VALUABLE CONSIDERATION. rcccip~ of which is htreby acknowp~lgcd. THE CITY 0¥ TUSTIN, a ~'luntclpal Co:po:acion hereby RF-MIS£. R£LEASE AND FOR£V£R QUITCLAIM Io TRACT NOS. EXHIBIT "A" CONSTRUCTION EASEMENT 12870, 13824 AND 13786 - SECTION i Construction easement over Lot "BBB" of Tract No. 12870 as shown on a map filed in Book 601, pages 1 through 20, inclusive, of Miscellaneous Maps in the Office of the County Recorder of Orange County, California, Lot "A" of Tract No. 13824 as shown on a map filed in Book 673, pages 17 through 22, inclusive, of said Miscellaneous Maps, all in the City of Tustin, in the County of Orange, State of California.