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VH Properties Corporation 2003 Sewer 4 • Ilk AGREEMENT BETWEEN THE CITY OF RANCHO PALOS VERDES AND V.H. PROPERTIES, CORPORATION FOR INSTALLATION AND MAINTENANCE OF SEWER LINES THIS AGREEMENT is made and entered this 16th day of December, 2003, by and between the City of Rancho Palos Verdes, a California municipal corporation("City") and V.H. Properties Corporation("Developer"). City and Developer are sometimes referred to singularly herein as "Party" and collectively as the"Parties." RECITALS A. Developer is the owner of that certain real property more particularly and legally described in Exhibit"A" attached hereto and encompassed within Tentative Tract Map No. 50666 and Tract Map No. 50667, a portion of which is proposed for single-family residential development(the"Property"). The Property is owned by Developer and is generally located at 1 Ocean Trails Drive, Rancho Palos Verdes, California, commonly known as the Ocean Trails Project("Ocean Trails"). Ocean Trails consists of a 258-acre site bounded by Palos Verdes Drive South on the north, the Portuguese Bend Club on the west, the Pacific Ocean on the south and Shoreline Park on the east. B. City approved various applications for the Ocean Trails project to allow the construction of a Residential Planned Development of 75 single-family dwelling units and the development of an 18-hole golf course with associated clubhouse and parking facilities. C. As a component of the project, Developer is required to provide eight(8) affordable housing units (four units located on the Property and four units located off-site). As a condition precedent to issuing the final permit to allow Developer to operate the 18-hole golf course included in the Project,the on-site affordable units must be completed and certified for occupancy. D. The four on-site affordable housing units are not located in an area that is subject to the geologic stability issues on the Property, and Developer desires to complete the improvements necessary to obtain certificates of occupancy for the affordable units. Developer has requested approval to construct a sewer line to serve the affordable housing units and the maintenance building on the Property in advance of completing the other improvements on the Property required by Tentative Tract Map No. 50666. Said sewer line will traverse the Property and will be located partially within areas that eventually will be part of the public rights-of-way once the streets for Tentative Tract No. 50666 are accepted by City. E. In consideration for City's approval of this request, Developer desires to enter into this Agreement whereby Developer promises, at its sole expense, to install and complete all sewer line improvement work described in Exhibit"B," attached hereto and incorporated herein by this reference (the"Improvements") in accordance with the Improvement Plans included in Exhibit"B", and to operate and maintain said Improvements in accordance with the terms and conditions described hereinafter. R6876-0001\756737v2.doc • i 4 110 • NOW, THEREFORE, in consideration of the mutual promises, obligations and covenants hereinafter set forth, the Parties hereto agree as follows: Section 1. Incorporation of Recitals. Each and every recital set forth above is hereby incorporated by this reference as though set forth in full and expressly made a part of this Agreement. Section 2. Construction of Improvements. Developer shall, at its sole cost and expense, install the sewer line improvements described in Exhibit"B" attached hereto and incorporated herein by this reference (the"Improvements") in accordance with the Improvement Plans included in Exhibit"B" and the applicable standards of the County of Los Angeles. Developer shall be responsible for obtaining all necessary permits from City for the installation of the Improvements, and shall install the Improvements in compliance with the Improvement Plans included in Exhibit"B". Section 3. Maintenance and Repair before Acceptance. Until City and Los Angeles County accept the Improvements and until the maintenance of the Improvements is transferred to the County-wide sewer maintenance district, Developer shall be responsible for the operation, care and maintenance of such Improvements and shall bear all risks of loss or damage to said Improvements, unless such loss or damage is caused by City or Los Angeles County or either of their officers, agents or employees. Developer shall maintain the Improvements to the satisfaction of City's Director of Public Works and in accordance with all applicable City and County standards. Neither City,nor its officers, agents and employees, shall have any liability for any accident, loss or damage to or caused by the Improvements prior to their completion and acceptance by City and Los Angeles County, unless such loss or damage is caused by City or Los Angeles County or either of their officers, agents or employees. Section 4. Inspection and Acceptance. 4.1 Upon completion of the work on the Improvements specified in Exhibit"B," Developer shall request a final inspection by the Director of Public Works. The inspection by the Director of Public Works shall occur within ten(10)business days of the request therefor from Developer. Within ten(10)business days of any inspection of the Improvements, the Director of Public Works shall provide written notice to Developer of the list of items, if any, that have been found to be incomplete and the list of items which have been found to be complete. If the Director of Public Works determines that the Improvements have been completed in accordance with this Agreement and in compliance with the Improvement Plans and all applicable County standards,then the Director of Public Works shall final the permit for the Improvements. Developer shall bear all costs of inspection and certification for completeness in accordance with City's standard fees and rates. Notwithstanding the foregoing, the parties acknowledge that the Director of Public Works will be performing inspections of the work on the Improvements as such work is being performed. The Director of Public Works shall promptly give notice to Developer of any deficiencies it discovers in connection with its continuing inspections of the work on the Improvements. 4.2 A three member review panel (the"Panel")has been formed by Developer and City for the purpose of reviewing certain geologic stability issues relating to a portion of the land R6876-0001\756737v2.doc - 2 - within Tentative Tract Map No. 50666. At such time as the Panel determines that the geologic conditions of the Property within Tentative Tract Map No. 50666 are safe to permit the development of the single family homes that are to be located adjacent to the Improvements to proceed, Developer may request a final inspection by the Director of Public Works and the County of Los Angeles for the Improvements. The Director of Public Works and the County of Los Angeles shall complete such inspection within ten(10)business days of the request therefor from Developer. Within ten(10)business days of any inspection of the Improvements,the Director of Public Works and Los Angeles County shall provide written notice to Developer of the list of items which have been found to be incomplete and the list of items which have been found to be complete. If the Director of Public Works and Los Angeles County determine that the Improvements have been completed in accordance with this Agreement and in compliance with the Improvement Plans and the applicable County standards, then the Director of Public Works and Los Angeles County shall certify to the City Council that the Improvements have been properly constructed within thirty(30) days after the completion of such inspections. Developer shall bear all costs of inspection and certification for completeness in accordance with City's and County's standard fees and rates. 4.3 Acceptance of the Improvements by the City Council shall be made upon the recommendation and certification of the Director of Public Works and Los Angeles County following inspection of the Improvements pursuant to Section 4.2 above. The City Council shall act upon the recommendation of the Director within thirty(30) days following certification by the Director and the County. Acceptance by the City Council shall not constitute a waiver by the City of any defects in the Improvements. After certification and acceptance of the Improvements as provided in this Section, the Director of Public Works will process the transfer of the maintenance of the sewer facilities to Los Angeles County. Developer shall bear all costs of inspection, construction, repair, and City and County administrative costs to fully complete the transfer process, including any repairs necessary to meet Los Angeles County standards for acceptance of the transfer of the sewer facilities. Section 5. Obligation to Relocate. Developer hereby acknowledges and agrees that, by installing the Improvements pursuant to this Agreement, it assumes the obligation to pay for the relocation of the Improvements if the City reasonably determines that, due to the geologic conditions on the Property, the sewer line must be relocated due to landslide concerns. Developer shall obtain all necessary permits from City for such relocation and shall install the relocated the sewer line in compliance with plans approved by City and Los Angeles County. Section 6. Guarantee. 6.1 If,prior to transfer of the maintenance of the Improvements to Los Angeles County, the Improvements or part of the Improvements furnished, installed or constructed by Developer, or any of the work performed under this Agreement, fail to comply with any requirements of this Agreement, or the Improvement Plans and related specifications, Developer, without delay and without cost to City, shall repair, replace or reconstruct any defective or otherwise unsatisfactory part or parts of the Improvements. 6.2 Should Developer fail or refuse to act promptly or in accordance with subparagraph 6.1 above, or should the exigencies of the situation require repair,replacement, or R6876-0001\756737v2.doc - 3 - t • 0, 11111 reconstruction to be undertaken before Developer can be notified and can perform the necessary work, then City may, in its reasonable discretion, make the necessary repairs or replacements or perform the necessary reconstruction and require Developer to reimburse City for any costs incurred. Upon receipt of such request from City, Developer shall promptly reimburse City for the costs of said repairs or replacements. Section 7. Indemnity. 7.1 Neither City,nor its officers, agents and employees, shall be liable or responsible for any accident, injury, loss or damage to either property or person attributable to or arising out of the construction, installation, operation or maintenance of the Improvements prior to transfer of the maintenance of the Improvements to Los Angeles County, unless such accident, injury, loss or damage is caused by City or its officers, agents or employees. Developer shall indemnify,hold harmless and defend City, its officers, agents and employees, from and against any and all losses, claims, costs, expenses, liabilities, damages, actions, causes of action and judgments, including reasonable attorneys' fees, arising directly or indirectly out of or attributable to Developer's breach under this Agreement. 7.2 Developer's obligations under this Section 7 are not conditioned or dependent upon whether City, or its officers, agents and employees,prepared, supplied or reviewed the Improvement Plans or related specifications in connection with the Subdivision or the Improvements, or has insurance or other indemnification covering any of these matters. 7.3 Developer's obligation to indemnify,hold harmless and defend City shall extend to injuries to persons and damages to property resulting from the design or construction of the Improvements required herein, and shall likewise extend to adjacent property owners asserting claims based upon Developer's design or construction of the Improvements. City's acceptance of the Improvements shall not constitute an assumption by City of any responsibility or liability for any damage of property referenced herein. City shall not be responsible or liable for the design or construction of the Improvements constructed or installed pursuant to the approved Improvement Plans,regardless of any act or omission by City in approving the Improvement Plans, unless the particular Improvement design was required by City over the written objection of Developer,which objection stated that the Improvement design was potentially dangerous or defective and set forth an alternative design. After County's acceptance of the maintenance of the Improvements,Developer shall remain obligated to correct or eliminate all dangerous conditions created by defects in design or construction;provided, however, that Developer shall not be responsible for routine maintenance or damage caused by such routine maintenance. Developer's obligations hereunder shall remain in effect for ten (10) years following acceptance of the Improvements by the City Council. Developer acknowledges and agrees that Developer shall be responsible and liable for the design and construction of the Improvements and other work done pursuant to this Agreement, and City shall not be liable for any acts or omissions in approving, reviewing, checking, correcting or modifying the Improvement Plans or related specifications, or in inspecting, reviewing or approving any work or construction of the Improvements. R6876-0001\756737v2.doc - 4 - • flir Section 8. Insurance. 8.1 Prior to commencement of work on the Improvements, Developer shall obtain, and shall maintain throughout the period of construction, at its sole expense,policies of general liability insurance covering any and all damages or claims for damages for injuries to persons (including death) or property in an amount not less than$1,000,000 for any one person, and, subject to the same limit for each person, in an amount not less than$1,000,000 on account of any one incident, and in an amount not less than$300,000 for property damage. Such policies shall be in form and substance satisfactory to City, shall be issued by an insurer admitted to do business in the State of California and listed in the most recent edition of Best's Insurance Guide with a minimum rating of A:VII, shall name City, its officers, agents and employees as additional insureds, and shall contain provisions that prohibit cancellation or lapse without thirty (30) days' written notice first having been delivered to City(provided,however,that cancellation for failure to pay premiums may be made on ten(10) days written notice). The insurance provided shall be primary to any coverage available to City, shall include a severability of interest clause, and shall include a contractual liability endorsement. Both the type and amount of insurance required by this subparagraph 8.1 may be adjusted during the term of this Agreement as may be deemed reasonably necessary by the Director of Public Works or the City Manager, and Developer agrees to provide such additional or adjusted insurance. 8.2 Developer shall maintain on file with the Director of Public Works during the term of this Agreement a certificate or certificates of insurance evidencing the coverage and provisions set forth above in subparagraph 8.1. Section 9. Further Assurance. Each Party hereto agrees to take such actions, and to execute such certificates and other instruments, as may be necessary or appropriate to give effect to and carry out the provisions of this Agreement. Section 10. Integration and Amendment. This Agreement, and any documents incorporated herein by specific reference,represents the entire and integrated agreement between Developer and City with respect to the subject matter hereof. This Agreement supersedes all prior negotiations, representations or agreements, whether oral or written. This Agreement may not be amended,modified, or expanded except by a written instrument signed by each of the Parties hereto. Section 11. Assignment. Neither Party shall assign its interest in this Agreement, or any portion of this Agreement,without the prior written consent of the other Party, which consent shall not be unreasonably withheld.Notwithstanding the foregoing, Developer shall have the right to assign this Agreement to any person or entity to whom Developer sells substantially the entirety of the Property provided that at least fifteen days prior to the effective date of such assignment, Developer shall give written notice thereof to City, and provided, further, that Developer shall deliver to City a copy of the proposed assignment and assumption agreement for City's review and approval, which shall not be unreasonably withheld, and Developer shall deliver a copy of the executed assignment and assumption agreement, in the form approved by City,prior to the effective date of the assignment. R6876-0001\756737v2.doc - 5 - . • • Section 12. Interpretation. This Agreement is deemed to have been prepared by both of the Parties hereto, after consulting with legal counsel, and any uncertainty or ambiguity herein shall not be interpreted against the drafter,but rather, if such ambiguity or uncertainty exists, shall be interpreted according to the applicable rules of interpretation of contracts under the law of the State of California. Section 13. Governing Law. This Agreement shall be construed and enforced in accordance with the laws of the State of California. Section 14. Notices. Any notice required or authorized to be given by this Agreement shall, unless otherwise specified herein,be in writing, shall be served on the receiving Party either by personal delivery or deposit in the United States mail with first-class postage prepaid, and shall be addressed to the receiving party's specified contact person and address listed below, unless written notice is provided of a change of address as to either party. For the purposes of this Agreement, notices delivered in person shall be deemed communicated as of the date of actual receipt; notices sent via regular mail shall be deemed communicated as of three (3) days after deposit thereof in the United States mail, addressed as shown on the addressee's registry or certificate of receipt. All notices served pursuant to this Agreement shall be addressed as follows: If to City: Les Evans, City Manager City of Rancho Palos Verdes 30940 Hawthorne Boulevard Rancho Palos Verdes, California 90275 With a copy to: Carol W. Lynch, City Attorney Richards, Watson& Gershon 355 South Grand Avenue, 40th Floor Los Angeles, California 90071 If to Developer: V.H. Properties Corporation 1 Ocean Trails Drive Rancho Palos Verdes, California 90275 Attn: Jeff Kaplinski With a copy to: Kenneth Wolfson, Esq. Latham&Watkins LLP 650 Town Center Drive, 20th Floor Costa Mesa, California 92626-1925 Either City or Developer may change its mailing address at any time by giving written notice of such change to the other party in the manner provided herein at least ten(10) days prior to the date such change is effected. R6876-0001\756737v2.doc - 6 - " 411/ Section 15. Severability. The provisions of this Agreement are severable. If a court of competent jurisdiction holds any portion of this Agreement invalid, the remainder of the Agreement shall remain in full force and effect. IN WITNESS WHEREOF,Developer and City have executed this Agreement as of the date first hereinabove written. CITY OF RANCHO PALOS VERDES By: ��i, Mayor ATTEST: • , Jo r urcell, ity Clerk V. H. PROPERTIES CORPORATION B • ame:,A,Ceirt-.5>&//:,0 Title: � f/.f? devee-ec)/~.--Air-- /1 By: Name: M I tte va�tka22G�s Title: t-,‘���� R6876-0001\756737v2.doc - 7 - 0 • t EXHIBIT A LEGAL DESCRIPTION [ATTACHED] R6876-0001\756737v2.doc . e'3Otd ESIeNzeT8.., ci:Lt LG. 22 nON 11. • r Order No. 264001 - D EXHIBIT A Parcel 1 : That portion of Lot "H" of the Rancho Los Palos Verdes, in the City of Rancho Palos Verdes, County of Los Angeles, State of California, Alloted to Jotham Bixby by Decree of partition in the action "Bixby et al., vs. Bent et al.," Case No. 2373, in the District Court of the 17th Judicial District of said State of California, in and for County of Los Angeles and entered in Book 4 Page 57 of Judgments, in the Superior Court of said County, Described as follows: Beginning at the Southwesterly corner of Parcel 92, as shown on L.A.C.A. Map No. 51, recorded in Book 1 Page 1 of Assessor's Maps, in the office of the County Recorder of said County; thence South 9° 03' 10" West 25.00 feet to the center line of Palos Verdes Drive South as shown on said Map; thence South 80° 56' 50" East along said center line 953.10 feet to the beginning of a tangent curve concave to the South and having a radius of 500.00 feet; thence Easterly along said curve 150.00 feet to a point, the radial line to said point bearing North 26° 14' 29" East: thence South 28° 27' 25" West 637.88 feet, thence South 56° 48' 36" West 494.64 feet to the true point of beginning of the Parcel being hereby described; thence North 38° 28' 00" West 1054.66 feet; thence South 53° 58' 21 " West 408.04 feet; thence South 14° 55' 53" West 155.24 feet; thence South 62° 14' 52" West to the ordinary high tide line of the Pacific Ocean: thence following said ordinary high tide line in a general Southeasterly direction to the intersection with a line described as: Beginning at the said true point of beginning; thence South 56° 48' 36" West 300.00 feet to point "A" hereinafter referred to; thence South 45° 20' 20" West, to the said ordinary high tide line; thence continuing.along the boundary lines of the parcel being hereby described, North 45°20' 20" East to said Point "A"; thence North 56° 48' 36" East 300.00 feet to the true point of beginning. Except any portion of said land lying outside of the patent lines of the Rancho Los Palos Verdes, as such lines existed at the time of the issuance of the patent, which was not formed by the deposit of alluvion from natural causes and by imperceptible degrees. Said land is a portion of Parcel 102, as shown on said L.A.C.A. Map No. 51 . Parcel 2: ThatP ortion of Lot "H" of the Rancho Los Palos Verdes, in the City of Rancho Palos Verdes, Countyof Los Angeles, State of California, alloted to Jotham Bixby by Decree of partition in Action al., "Case No. 2373, in the District"Bixby"6�xbet al., vs. Bent et Court of the 17thn Judicial District of said State of California, in and for County of Los Angeles and entered in Book 4 Page 57 of Judgments, in the Superior Court of said County, Described as follows: h Southwesterlycorner of Parcel 92, as shown on L.A. C.A. Map No. 51, Beginning at. the 1 Page1 of Assessor's Maps, in the office of the County Recorder of said recorded in Book ° 10" center line of Palos Verdes Dave,, County; thence South 9 03' West 25.00 feet to the 2 map; South 80° 56' 50" East along South as shown on said thence said center line 684.8 feet theto point • true of beginning of the parcel being hereby described; t hence South 80° 56' 56" East along said center line 268.28 feet to the beginning of a tangent curve concave to Easterly along said curve 150.00 feet 500.00 feet; thence the South and having a radius of29" said point being to a p the radial line to said point bearing North 26°. 14' East, "B" for the purpose of this description; thence continuing Southeasterly designated as point thence South 20° 02' 10" East 113.33 feet; thence South 43 along said curve 381.55 feet;t e high tide line of the Pacific 16 43" West to the ordinary h Ocean; thence in a general g Northwesterly direction along said high tide line to the intersectionwith a line described as feet; beginning at the above described point "B"; thence South 28° 27' 25" West 637.88 56° 36" 794.64 feet to apoint "A" hereinafter referred to; thence thence South 48' West thence continuing South 45° 20' 48" West to the ordinary high tide line of the Pacific Ocean;, Ur 39dd ES t O t7UB t 8 Anh bE:L T L6. Z0 noN y 0 Order No. 264001 - D along the boundary line of the Parcel being hereby described, North 45° 20' 20" East to the hereinbefore described point "A"; thence North 56° 48' 36" East 300.00 feet thence North 38° 28' 00" West 351.49 feet; thence North 56° 48' 36" East 438.55 feet; thence North 28° 27' 25" East 290.84 feet; thence North 9° 03' 10" East 150.00 feet to said true point of beginning. Except therefrom that portion within the boundary lines of Palos Verdes Drive South, as shown on map CSB-1082-3 on file in the office of the County engineer of said County, and as described in deed to the County of Los Angeles, recorded on December 23, 1952 as Instrument No. 3469 in Book 40587 Page 284, Official Records of said County. Also except therefrom that portion of said land, included within the land as described in the deed to Palos Verdes Properties, recorded March 3, 1972 as Instrument No. 1865 Official Records of said County. Also except any portion of said land lying outside of the patent lines of the Rancho Los Palos Verdes, as such lines existed at the time of the issuance of the patent, which was not formed by the deposit of alluvion from natural causes and by imperceptible degrees. Said land is a portion of Parcels 101 and 102 as shown on said L.A.C.A. Map No. 51. Parcel 3: ThatP ortion of Lot "H" of the Rancho Los Palos Verdes, in the City of Rancho Palos Veties, County of Los Angeles, State of California, allotted to Jotham Bixby by Decree of partition in the action "Bixby et al., vs. Bent at al., "Case No. 2373, in the District Court of the 17th Judicial District of said State of California, in and for County of Los Angeles and entered in Book 4 Page 57 of Judgments, in the Superior Court of said County, Described as follows: Beginning at the Southwesterly corner of Parcel 92, as shown on L.A. C.A. Map No. 51. - 9 9 recorded in Book 1 Page 1 of Assessor's Maps, in the office of the County Recorder of said 9° 10" the center line of Palos Verdes Drive, County; thence South 03' West 25.00 feet to South as shown on said Map; thence South 80° 56' 50" East along said center line 953.10 =_ feet to the beginning a of tangent curve concave to the South and having a radius of 500.00 9 thence Easterlyalongsaid curve 5 31.55 feet; thence South 20° 02' 10" East 113.33 feet; the c feet to thebeginning a be innin of tangent curve concave to the Northeast and having a radius of 1200 9 the beginning of said last mentioned curve being the true point of beginning of the Parcel feet, 9 9 , alongsaid curve 1051.00 feet thence South being hereby described; thence Southeasterly 70° 15' 35" East 461.13 feet to the beginning of a tangent curve concave to the Southwest and having a radius of 2000.00 feet; thence Southeasterly along said curve 1175.00 feet; thence non -tangent to said curve South 48° 21' 42" West 719.45 feet; thence South 80.00 South 23° 00' 00" West to the ordinary high tide line of the Pacific Ocean; feet; thence Westerlyand Northwesterly direction along said high tide line to the thence in a general intersection with a line bearingSouth 43° 16' 43" West from the true point of beginning; thence North 43° 16' 43" East to the true point of beginning. Except therefrom that portion of said land included within the land as described in a Parcel A condemnation entered on Los Angeles County Superior Court Case No. �n the final order of 884831, a certified copy of which was recorded January 4, 1968 as Instrument No. 2021, order nunc pro tunc entered Parcel A was amended by a Official Records of said County, said • ; copyof which was CountySuperior Court Case No. 884831, a certified in said Los Angeles recorded june 27, 1968 as Instrument No. 3089. said land, included Also except therefrom that portion ofed within the land as described in the deed to Palos Verdes Properties, recorded March 3, 1972 as Instrument No. 1865 Official Records of said County. saidland lying outside of the patent lines of the Rancho Los Palos _ Also except any portion of Y 9 of the stent, which was not formed Verdes, a such lines existed at the time of the issuance P b0.30dd £S ttbLL8 T 8 02:LZ L6, L0 (ON ((� ' 1 1. • Order No. 264001 - D by the deposit of ailuvion from natural causes and by imperceptible degrees. Said land is a portion of Parcels 100, 101 and 102 as shown on said L.A.C.A. Map No. 51. Parcel 4: A Strip of land 12.00 feet wide, measured at right angles, in Lot 102 of L.A.C.A. No. 51, in the City of Rancho Palos Verdes, County of Los Angeles, State of California, as per map recorded in Book 1 Page 1 of Assessor's Maps, in the office of the County Recorder of said County, extending from the Southwesterly line of Palos Verdes Drive South, as shown on said map, in a Southerly direction to the Northeasterly boundary of the land described in a deed recorded as Document No. 1801 on September 4, 1956, in Book 52202 Page 21 Official Records of said County, bounded on the West by the Easterly boundary of Tract No. 16540, as per map recorded in'Book 625 Pages 76 and 77 of Maps, records of said County and bounded on the East by' a line that is parallel with said Easterly boundary and 12.00 feet, measured at right angles, Easterly therefrom. Assessors Parcel No: 7564-021-006,004,003 • Order No. 264002 - C That portion of Lot 102 of L.A.C.A. Map No. 51, in the City of Rancho Palos Verdes, in the County of Los Angeles, State of California, as per map recorded in Book 1 Page 1 of Assessor's Maps, in the office of the County Recorder of said County, Described as follows: Beginning at the intersection of a line that is parallel with and 12.00 feet, measured at right angles, Easterly of the Easterly boundary of Tract No. 16540, as per map recorded in Book 625, Pages 76 and 77 of Maps, records of said County, with the Southwesterly line of Palos Verdes Drive South, 132 feet wide, as shown on said map; thence along said parallel line, South 15° 32' 46" West 122.01 feet and South 15° 20' 00" West 105.52 feet to the intersection thereof with the Northeasterly boundary of the land described in a deed recorded as Document No. 1801 on September 4, 1956, in Book 52201 Page 21 of Official Records of said County; thence South 38° 28' 00" East along said Northeasterly boundary, a distance of 688.30 feet to the most Westerly corner of the land described as Parcel 2 in a deed recorded as Document No. 1826 on July 18, 1956,in Book 51769 Page 241 of said Official Records; thence along the Northwesterly boundary of said Parcel 2, North 56° 48' 36" East 438.55 feet, North 28° 27' 25" East 290.84 feet and North 9° 03' 10" East 100.00 feet to the Southwesterly line of Palos Verdes Drive South, 100 feet wide, as described in a deed to said County of Los Angeles, Recorded as Document No. 3469 on December 23, 1952, in Book 40587, Page 284 of said Official Records; thence Northwesterly along said Southwesterly line North 80° 56' 50" West 684.82 feet and North 9° 03' 10" East 10.00 feet to the Southwesterly line of Palos Verdes Drive South, 132 feet wide as shown on map of said Tract No. 16540;thence Northwesterly along said last mentioned line, being a curve concave Northeasterly and having a radius of 2040 feet, an arc distance of 219.19 feet to the point of beginning. Assessors Parcel No: 7564-021-005 . SQ'8Odd £StOW28t8 ,.. SE:Lt L6. L0 f10N • r Order No. 264003 - E Parcel 1 : That portion of Lot H of the Rancho Los Palos Verdes, in the City of Palos Verdes , County of Los Angeles, State of California. allotted to Jotham Bixby by Decree of Partition in the action "Bixby et al. vs. Bent et al" Case No. 2373 in the District Court of the 17th Judicial District of said State, in and for said County and entered in Book 4 Page 57 of Judgments, in the Superior Court of said County, and together with all of Tract 30583,in the City of Rancho Palos Verdes, County of Los Angeles, State of California, as per map recorded in Book 813 Pages 32 to 34 inclusive of Maps, in the office of the County Recorder of said County, Described as a whole as follows: Beginning at the intersection of the ordinary high tide line of the Pacific Ocean with the Southeasterly line of Lot 99 of L.A.C.A. No. 51 or the Southwesterly prolongation of said Southeasterly line, as said Lot is shown on map recorded in Book 1 Page 1 Assessors Maps, in said recorders office; thence along said prolongation and or Southeasterly line North 46° 00' 00" East to an angle point in the Easterly boundary of said Parcel 99; thence along said Easterly boundary North 15° 00' 00" East to the Southwesterly line of the land described in the deed to Pacific Telephone and Telegraph Co., a corporation, recorded April 2, 1958 as Instrument No. 591, in Book D68 Page 550, Official Records of said County; thence along the boundary of the land described in said deed; as follows: North 54° 18' 50" West 105.93 feet and North 35° 41" 10" East 100 feet to most westerly corner of the land described in deed to the Pacific Telephone and Telegraph Company, a corporation, recorded April 2, 1958 as Instrument No. 518 in Book D60 Page 546, of Official Records of said County;thence along the Northwesterly boundary of the land described in the last mentioned deed North 35° 41' 10" East to the Northerly boundary of Lot 98 of said L.A.C.A. Map No. 51 thence in a general Westerly direction along the Northerly boundaries of lots 98, 99, 100, 101 and 102 as shown on said L.A.C.A. Map No. 51 to the beginning of a non-tangent curve concave Southwesterly and having a radius of 500 feet; thence Southeasterly along said curve to the centerline of Paseo Del Mar, as described in Parcel 2-1 .- part A in the deed to the City of Rancho Palos Verdes recorded October 10, 1975 as Instrument No. 5051,in Book D6830 Page 354,Official Records of said County;thence along said centerline as follows: South 9° 25' 15" West 81.63 feet; Southeasterly along a tangent curve concave Northeasterly and having a radius of 650 feet an arc distance of 904.04 feet South 70° 16' 05" East 906.84 feet and Southeasterly along a tangent curve concave Southwesterly and having a radius of 2000 feet an arc distance 1175 feet to the Northerly boundary of said Tract No. 30583;thence along the Northerly boundary of said Tract 30583 and along the boundary lines of the land as described in Parcel 1 the deed to Adams Land Co., et al., recorded July 18, 1956 as Instrument-No. 1826,in Book 51769 Page'241, Official Records of said County as follows: South 48° 21' 42" West 719.45 feet, South 80 feet and South 23° 00' 00" West to the ordinary high tide line of the Pacific Ocean; thence Easterly and Southeasterly along said ordinary high tide line to the point of beginning. Except therefrom that portions of said land included within the Lot 1, of Tract No. 31530,in P the City of Rancho Palos Verdes, County of Los Angeles, State of California, as per map recorded in Book 852, Pages 73 and 74 of Maps, in said recorders office. Parcel 2: Thoseortion of Lots 98 and 99 of L.A.C.A. No. 51, as per map recorded in Book 1 Page 1 of Assessors Map, in the office of the County ntv Recorder of said County, Described as follows: _ - _ • 9O.'30dd £S t 0PLL8 t 892 Z T L6• L0 nON I t r rder No. 264003 - E Beginning at a point in the Northerly boundary of said 98,distant thereon Westerly 29.05 feet from the Easterly end of a curve therein which is concave Northerly and has a radius of line of said curve passing through feet, a radial said point of beginning bears South383.45 feet; thence South 35° 41' 10" 13° 05' 18" East; thence Westerly along said curve n South West 523.40 feet to the most Westerly corner of the herein described Parcel; thence 54 18' 50"East 15 , ° 0.O0feet; thence North 75° 22' 00"East 234.92 feet;thence North 35 41' 10" East 577.91 feet to the point of beginning. Parcel 3: Those portions of Lots 98 and 99 of L.A.C.A. No. 51, as per map recorded in Book 1 Page 1 of Assessors maps, in the office of the County Recorder of said County, Described as follows: point at the in the Northerly boundary of said Lot 98, distant thereon Westerly 29.05 feet from the Easterly end of a curve therein which is concaveNortherly and has a radius of 1030.00 feet, a radial line of said curve passing through said point of beginning bears South 13° 05' 18" East; thence Westerly along said curve 383.45 feet; thence South 523.40 feet to the true point of beginning of this description;thence South 35°41' 10West 75° 22' 00"East234.92 feet;thence South 35° 54° 18' 50" East 150.00 feet;thence North ' " 280.80 feet; thence North 54° 18' 50" West 300.00 feet; thence North 35° 41 10 West 41' 10" East 100.00 feet to the true point of beginning. Assessors Parcel No: 7564-019-003,001.004,Ptn 002 7564-020-101,102,103,104,105 C11,11 I MVNJI-81 1 '1 T 11.1.J • 1 J • n l r 'Order No. 289282 - A 1 • Leasehold interest in: That portion'of Lot 100 of Los Angeles, County Assessor's Map No. 51, in the City of Rancho Palos Verdes, County of Los Angeles, State of California, recorded in Book 1 Page 1 of Assessor's Maps, in the office of the Recorder of the County of Los Angeles, State of California, described as follows: Beginning at the Northwesterly terminus of that certain curve in the proposed centerline of Paseo Del Mar 100 feet wide shown on Los Angeles County Surveyor's Map No. B1156 revised January, 1965, as having a radius of 2000.00 feet and a length of 1801.62 feet; thence Southeasterly along said curve a distance of 1175.00 feet, through a central angle of 33° 39' 41" to the Easterly line of the land described in the deed recorded in Book D 3522, Pages 577 to 580 inclusive of Maps in the Office of the County Recorder of said County; thence along said Easterly line South 48° 21' 12" West 50.20 feet to a point on the sideline of said Paseo Del Mar a radial to which bears North 53° 31' 22" East being also the true point of beginning of this description; thence continuing along said Easterly line South 48° 21' 12" West 525.68 feet; thence North 41° 38' 48" West 661.96 feet, to a point on a non-tangent curve concave Northwesterly and having a radius of 392.00 feet, a radial to said point bears South 42° 51' 21" East;thence Northeasterly along said curve through a central angle of 18° 12' 42", a distance of 124.60 feet; thence tangent to said curve North 28° 55' 57" East 302.10 feet to the beginning of a tangent curve concave Southerly having a radius of 27.00 feet; thence Easterly and Southeasterly along said curve through a central angle of 91 ° 45' 29", a distance of 43.24 feet to a point on the Southwesterly sideline of said Paseo Del Mar; thence Southeasterly along the Southwesterly sideline of said Paseo Del Mar on a e rve having a radius of 1950.00 feet, concave Southwesterly;.through a central angle of 22° 49' 56", a distance of 777.07 feet to the true point of beginning. 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