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RPVCCA_CC_SR_2013_10_29_02_Angeles_LLC_Purchase_&_Sale_Agmt_Malaga_CanyonCITY OF 4''\'~i,:~ O\RJ\NCHO PALOS VERDES COMMUNITY DEVELOPMENT DEPARTMENT MEMORANDUM TO: FROM: DATE: SUBJECT: REVIEWED: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL JOEL ROJAS, COMMUNITY DE~ENT DIRECTOR OCTOBER 29, 2013 APPROVAL OF A REVISED PURCHASE AND SALE AGREEMENT WITH ANGELES, LLC., TO PURCHASE PRIVATE PROPERTIES IN MALAGA CANYON FOR THE PURPOSE OF OPEN SPACE CONSERVATION CAROLYN LEHR, CITY MANAGER QQ_ RECOMMENDATION Approve the revised agreement for the purchase of approximately 42 acres of open space in Malaga canyon from Angeles LLC with 100% of the acquisition cost funded by federal grant monies and authorize the Mayor to execute the revised Purchase and Sale Agreement. BACKGROUND In late 2011, the U.S. Fish and Wildlife Service (USFWS) notified the City and the Palos Verdes Peninsula Land Conservancy (PVPLC) about the availability of unspent federal (section 6) grant monies for the acquisition of open space on the Palos Verdes Peninsula because of the City's Natural Communities Conservation Plan (NCCP). The USFWS noted their desire to use said funds before they expire to preserve additional habitat on the Palos Verdes Peninsula to augment the completed NCCP Preserve. Thus, working with the USFWS and the State Wildlife Conservation Board (WCB), City and PVPLC staff identified a number of privately owned open space properties in the City that contain protected habitat for possible acquisition. After following up with the owners of all the identified properties, two willing sellers emerged. Specifically, Dr. Roger Giani (Angeles, LLC) ("the Seller") agreed to sell 41.63 acres to the City for $659,500, and Ya Yi May agreed to sell 16.25 acres to the City for $455,000. On October 1, 2013, the City Council approved the purchase agreements with the two willing sellers. Since the meeting on October 15 \ the City transmitted the purchase agreements to them. One of the sellers, Ms. May, has executed the purchase agreement, and it is being sent to the State Wildlife Conservation Board and to the escrow company. 2-1 The acquisition from Angeles, LLC was more complicated than the other transaction due the Seller's proposal to construct an improved driveway that would provide joint access from Grayslake Road to the property being retained by the Seller and to the property that the City is acquiring so that the driveway also could be used by City personnel to perform maintenance on the storm drain and sewer lines. The purchase agreement that the City Council approved on October 1st contained several different provisions to accomplish those goals. However, a portion of the area that was to be used for the common driveway was proposed within a 60 foot wide future street easement located at the terminus of Grayslake Road. Thirty feet of the sixty-foot wide future street easement is located and depicted on Tract Map No. 21353, and the other thirty feet of the future street easement is located and depicted on Tract Map No. 21354. Both of these Tract Maps were finalized and accepted by the County of Los Angeles in 1959 and were recorded that year. At the time that the final tract maps were accepted by the County, the County Board of Supervisors rejected the future street easement at the end of Grayslake Road, which was present on both maps. That action was consistent with State law, which allows a governmental entity to reject an offer of dedication and accept it later. (Government Code Section 66477.1, et seq.) Sewer and storm drain easements also were located within the future street easement and were accepted by the County when the two subdivision maps were recorded. Sewer and storm drain lines were constructed within the easements and have been in service for the benefit of the surrounding subdivisions since they were developed. DISCUSSION Because the future street easement was not accepted by the County, the City cannot guarantee to the Seller that the driveway access can be provided. To avoid holding up the transaction and missing the opportunity to obtain the Federal funding for the purchase, the Seller has further studied the issue and determined that he does not need the access from Grayslake Road to the property that he will retain after the sale, because that property also has access from Montemalaga Drive. Accordingly, the purchase and sale agreement has been revised to remove the requirement that the Seller construct a driveway approach and for the Seller and the City to dedicate reciprocal easements to each other for the driveway approach. The lot line between the property that the Seller will retain and the property that he is selling to the City has been adjusted slightly as part of the revision to this transaction to move a small portion of the lot line a little farther onto the property that the Seller is retaining so that there will be sufficient area for City vehicles to access the City's new property without having to drive upon the Seller's property. This will add a small area of approximately 300 square feet to the land that the City is acquiring. By taking this approach, the Seller subsequently could place a fence around all or a portion of the property that he is keeping, provided that the City still will have access to any existing storm drain and sewer easements that are located on that property. None of these changes will affect the continued ability of the public to walk on the existing unimproved 2-2 easements from Grayslake Road, although the destination will be to the unimproved trail that ultimately will be located on the property that the City is acquiring and not to the property that the Seller is keeping. The Public Works Department has been consulted extensively regarding these issues, and City Engineering Staff have opined that a paved driveway approach is not needed to maintain the storm drain and sewer lines, and that the City can continue to use the unimproved easements for those purposes as it has previously. The City ultimately may need to contact one of the property owners whose rear yard is adjacent to Grayslake Road to move a portion of a fence that currently is located within the easements so as to improve the access for City maintenance vehicles from the terminus of Grayslake Road. CONCLUSION The Federal grant monies must be approved for disbursement by the State WCB prior to their expiration in January 2014. Therefore, all efforts are being made to have disbursement of the monies approved by the WCB at its November 2013 meeting. Submitting signed Purchase and Sale Agreements to WCB is critical for this to occur. With disbursement of the funds occurring in November, escrow is expected to close by the end of this calendar year. Accordingly, Staff recommends that the City Council approve the revised purchase agreement with the Seller and authorize the Mayor and City Clerk to execute the agreement on behalf of the City. ADDITIONAL INFORMATION General Plan Consistency In accordance with the State Government Code, acquisition of real property by the City must be determined to be consistent with the City's General Plan. A request to make a General Plan Consistency Finding for these acquisitions was presented to the Planning Commission, and on October 8, 2013, the Planning Commission found that the acquisitions comply with the City's General Plan. NCCP Preserve As discussed previously, the City Council directed Staff to pursue the acquisitions as the acquisition of this additional open space would facilitate implementation of several public trails identified in the City's Conceptual Plan. Although the 58 acres of open space originally was not proposed to be included into the City's NCCP Preserve, the City may determine to add it to the Preserve after the acquisition is completed. At a recent meeting of the PVPLC Board of Directors, the PVPLC Board agreed that the PVPLC would manage the properties in accordance with the NCCP and the City/PVPLC Management Agreement, if the City Council agrees to add these properties to the Preserve. 2-3 FISCAL IMPACT The full cost of the open space acquisition will be funded by a federal grant. Thus, no City funds will be expended toward the acquisition. The Community Development Department's approved budget has $38,000 appropriated for consultant costs associated with this open space acquisition. This far, approximately $30,000 has been expended on consultant costs related to Phase I studies, surveying, title reports and geologic assessments. Future maintenance costs of owning the properties would primarily involve costs of performing annual brush clearance on the properties which is estimated at $5,000 per year for the Malaga Canyon North parcels and $7,000 per year for the Malaga Canyon South parcels. This estimate is derived from conversations with both of the sellers and a comparison of current Public Works costs for performing brush clearance on open space properties of comparable size. If the properties are not enrolled in the NCCP Preserve, there will also be trail maintenance and trail signage costs that would be borne by the City associated with the existing trails on the properties. If enrolled in the NCCP Preserve, said trail costs would be borne by. the PVPLC. Furthermore, if there is a future need to construct new trails or trail head improvements on the acquired properties, said projects would be proposed as part of the City's annual budget process. ATTACHMENTS • Aerial of Malaga Canyon Acquisitions • Exhibit Map showing area excluded from Angeles LLC acquisition • Revised PSA for Malaga Canyon North (Angeles LLC) 2-4 Legend c:J Potential Acquisition c:J City Boundary [~_=-] Parcels POTENTIAL ACQUISITION N ---===iFeet 0 300 600 2-5 0 Traverse PC Parc el On e to Remain Pri v ate 6.922 Acres 1 5' Access Ea sement to Parcel One 300' EXHIBIT MAP of a Parcel Line Adjustment For City of Rancho Palos Verdes APN 7578-002-009 , 7578-003-001 Los Angeles County California Prepared 08/11/2012 by Michael McGee, PLS3945 McGee Surveying Consulting 2-6 AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY AND JOINT ESCROW INSTRUCTIONS THIS AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY AND JOINT ESCROW INSTRUCTIONS ("Agreement") is made and entered into this day of October. 2013 ("Effective Date"), by and between ANGELES, LLC, a Nevada limited liability company ("Seller"), and the CITY OF RANCHO PALOS VERDES, a municipal corporation (''Buyer"). RECITALS (a) Seller owns that certain real property (the "Land") in the County of Los Angeles, State of California, more particularly described in Exhibit "A" attached hereto and any and all improvements thereon (the "Improvements"). (b) The portion of the Land that is described on Exhibit "B" is to be conveyed to Buyer, along with the Improvements thereon (if any) and Appurtenances (as defined below) and are collectively referred to herein as the "Property". (c) All rights (including water and mineral rights), privileges, easements, tenements, rights of way, matters of record and appurtenances which benefit, burden or pertain to the Property are hereinafter referred to as the "Appurtenances". (d) Seller. The portion of the Land that is described on Exhibit "C" is to be retained by NOW, THEREFORE, in consideration of the foregoing recitals, and other consideration, the sufficiency of which is hereby acknowledged, Buyer and Seller agree that the terms and conditions of this Agreement and the instructions to First American Title Insurance Company ("Title Company" and "Escrow Holder") with regard to the escrow ("Escrow") contemplated hereby are as follows: 1. SALE OF PROPERTY; LOT LINE ADJUSTMENT. Seller agrees to sell the Property to Buyer, and Buyer agrees to purchase the Property from Seller, upon the terms and conditions herein after set forth. Buyer will process a lot line adjustment to create the boundaries of the portion of the Land to be retained by Seller and the portion of the Land to be conveyed to Buyer within thirty (30) days after the execution of this Agreement, at no cost to Seller. Buyer agrees to complete the lot line adjustment prior to the Close of Escrow (as defined below) and to issue a Certificate of Compliance in connection therewith. 2. PURCHASE PRICE. The total purchase price ("Purchase Price'') for the Property shall be Six Hundred Fifty-Nine Thousand Five Hundred and Noll 00 Dollars ($659,500.00). 3. ESCROW. R6876-000 I\ I 653245v3 .doc 2-7 3.1 Opening of Escrow. Within three (3) business days following the Effective Date hereof, Buyer and Seller shall open Escrow with Escrow Holder and shall deliver a copy of this executed Agreement to Escrow Holder. In addition, Buyer and Seller agree to execute, deliver, and be bound by any reasonable or customary supplemental escrow instructions of Escrow Holder or other instruments as may reasonably be required by Escrow Holder in order to consummate the transaction contemplated by this Agreement. Any such supplemental instructions shall not conflict with, amend or supersede any portions of this Agreement. If there is any inconsistency between such supplemental instructions and this Agreement this Agreement shall control. Notwithstanding the above, Buyer and Seller shall be entitled to amend the terms and conditions of this Agreement through agreed upon amendments to the escrow instructions. 3.2 Close of Escrow. For purposes of this Agreement, the "Close of Escrow" or "Closing" shall be deemed to occur upon, and the ''Closing Date" shall be the date of, the recordation of a grant deed, in the form attached hereto as Exhibit "D'' (the "Grant Deed"), conveying the Property to Buyer in the Official Records of Los Angeles County, California. The Close of Escrow, Closing and Closing Date must occur no later than February 28, 2014, and unless the Closing Date has been extended by mutual agreement of the parties, this Agreement and the Escrow shall automatically terminate as of 6:00 p.m. on February 28, 2014 (the "Expiration Date"). Possession is to be delivered to Buyer at 2:00 p.m. on the date of "Close of Escrow". 3.3 Special Conditions Precedent. The Close of Escrow and Buyer's obligations under this Agreement are conditioned, for the benefit of Buyer, upon the Buyer's obtaining approval of this Agreement and approval of funding of the Purchase Price by the California Wildlife Conservation Board, and receipt of federal funding for the entire amount of the Purchase Price on or before the Expiration Date, but Buyer shall use good faith efforts to cause the satisfaction of such conditions as soon as reasonably possible. In no event shall Buyer's failure to secure such funding be construed as a breach of this Agreement. 4. TITLE INVESTIGATION. 4.1 Title Report. Buyer has received a preliminary title report dated May 29, 2013 and updated as of August 1, 2013, Order No. NCS-480162-SAC4 for a Standard Form CLTA Owner's Policy of Title Insurance for the Property ("Preliminary Report"), together with copies of all documents relating to title exceptions referred to in the Preliminary Report ("Title Exceptions"). Buyer hereby approves the Preliminary Report and Title Exceptions, subject to Section 4.2 below. 4.2 It is understood and agreed that, notwithstanding Section 4.1, any encumbrances, security interests, liens. deeds of trusL and/or mortgages which secure, in whole or in part, any monetary indebtedness not arising by, through or under Buyer shall be deemed to be disapproved and shall be paid off, satisfied, released, and/or discharged by Seller at or prior to Closing. 2 R6876-000I \1653245v3.doc 2-8 4.3 Title Policv. Seller shall cause the Title Company to issue its Standard CTLA Owner's forn1 Policy of Title Insurance ("Title Policy'') in the amount of the Purchase Price showing good and marketable title to the Property vested in Buyer subject only to the exceptions to title approved in Section 4.1 (subject to Section 4.2). If for any reason (other than as arises from the acts or omissions of Seller or its agents) the Title Company is unable or unwilling to issue the Title Policy as called for herein. it shall not be construed as a default or breach by Seller. Nonetheless, the parties agree to use commercially reasonable efforts to resolve any issues raised by the Title Company in order to allow it to issue the Title Policy. If they are unable to do so prior to the Expiration Date, then this Agreement shall automatically terminate and neither party shall have any further obligation or liability to the other with regard to the subject matter hereof. 4.4 4.4 Physical Condition. Buyer accepts the Property in its current "As-Is" condition. Prior to the Closing, Buyer shall have conducted such inspections and investigations of the Property as it deems sufficient to proceed with the transaction described herein, and except for Seller's express warranties and representations set forth herein, neither Seller nor any of its managers, members or agents has made any warranties or representations to Buyer with regard to any of the matters described herein. 5. SELLER'S DELIVERIES. Prior to the Close of Escrow, Seller shall deposit or cause to be deposited into Escrow for delivery to Buyer at Closing the following: (a) A duly executed and acknowledged Grant Deed; (b) A Certificate of Non-Foreign Status required under Section 1445(b) of the Internal Revenue Code; (c) A Certificate pursuant to California Revenue and Taxation Code Section 18662 pertaining to Seller's status as a resident of California or as having a corporate permanent place of business in California; (d) Real Estate Transfer Disclosure Statement; (e) Natural Hazard Disclosure Statement: and (t) Any other document provided for herein or reasonably required by Escrow 6. BUYER'S DELIVERIES. Prior to the Close of Escrow, Buyer shall deposit or cause to be deposited into Escrow, to be delivered to Seller upon the Closing, the following: (a) The Purchase Price; (b) A Certificate of Acceptance for the Grant Deed; ( c) The Certificate of Compliance described in Section 1.1; and 3 R6876-000I I 1653245v3.doc 2-9 ( d) Any other document provided for herein or reasonably required by Escrow Holder. 7. INTENTIONALLY OMITTED. 8. AUTHORIZATION TO RECORD DOCUMENTS AND DISBURSE FUNDS. Escrow Holder is hereby authorized and directed to record and/or deliver the documents and disburse the funds called for hereunder pursuant to the written closing instructions, if any, of Buyer and Seller delivered prior to Closing, provided each of the following conditions have been or will concurrently with the Close of Escrow be fulfilled: (a) Title Company has committed to issue to Buyer the Title Policy with liability equal to the Purchase Price, in accordance with Section 4.3 above; (b) Seller shall have deposited in Escrow the documents and instruments required of it under Section 5; ( c) Buyer shall have deposited into Escrow the funds, documents, and instruments required of it under Section 6; and ( d) Escrow Holder is authorized to record any instrument delivered through this Escrow if necessary or proper for the issuance of the Title Policy referred to above. 9. COSTS AND EXPENSES. The Seller shall pay one-half of the Escrow Holder's Escrow fee and that portion of the premium for the title policy equal to the cost of a CL TA standard coverage title policy in the amount of the Purchase Price, plus the cost of any endorsements obtained in connection with Disapproved Exceptions. The cost of any endorsements requested by the Buyer, shall be borne by the Buyer. Buyer agrees to pay all other usual fees, charges, and costs which arise from Escrow. 10. PRORATION. The following prorations shall be made between Buyer and Seller by Escrow Holder at the Close of Escrow, computed as of the closing date: 10.l Taxes. Seller shall pay all property taxes for the tax bill period in which the Closing occurs (i.e., January 1 through June 30, or July 1 through December 31, as applicable), and Seller acknowledges that since Buyer is exempt from property taxes, Seller may secure a refund of the property taxes paid by Seller for the portion of such "tax bill period" during which Buyer will own the Property, but there shall be no increase in the funds required to be deposited by Buyer into escrow due to property taxes. Special taxes, and assessments shall be prorated as of the Close of Escrow based upon the latest available tax information. Seller shall be responsible for all special taxes and assessments accrued against the Property to and including the day prior to the Close of Escrow based upon payment of such assessments in installments to the greatest extent permitted. Unless any special tax or assessment payment or installment specifies the time period for which such payment is owed, it shall be presumed that such payment is for the full year immediately preceding the day upon which such payment is due. 11. W AIYER BY SELLER. SELLER KNOWINGLY AND VOLlJNT ARIL Y WAIVES THE FOLLOWING RIGHTS: THE RIGHT TO SEEK ANY 4 R6876-000I \I 653245v3.doc 2-10 COMPENSATION FOR THE ACQUISITION OF THE PROPERTY IN ANY AMOUNT GREATER THAN THAT SET FORTH IN SECTION 2 HEREIN; THE RIGHT TO CLAIM RELOCATION BENEFITS OR ASSISTANCE: THE RIGHT TO CLAIM DAMAGE OR INJURY TO BUSINESS GOODWILL; THE RIGHT TO CLAIM LOSS OF RENT; THE RIGHT TO CLAIM SEVERANCE DAMAGES; THE RIGHT TO CLAIM FIXTURES AND EQUIPMENT; OR ANY SIMILAR RIGHT OR CLAIM ARISING OUT OF THE ACQUISITION OF THE PROPERTY. 12. SELLER'S REPRESENTATIONS. In consideration of Buyer entering into this Agreement and as an inducement to Buyer to purchase the Property, Seller makes the following representations to its actual knowledge, each of which (i) is a condition to Close of Escrow, (ii) is true as of the Effective Date and will be true as of the Closing, (iii) is material and is being relied upon by Buyer, and (iv) will survive the Close of Escrow for one (1) calendar year. 12.1 Authority. Seller has full power and authority to enter into this Agreement and to consummate the transactions contemplated herein without obtaining the consent or approval of any other person, entity, or governmental authority. The persons whose names are set forth below have full power and authority to sign the name of Seller to this Agreement and to cause this Agreement to be a binding obligation of Seller. 12.2 Litigation. There is no litigation, bankruptcy, or receivership proceeding or any other proceeding pending, or threatened against, relating to, or involving Seller's interest in the Property, nor does Seller know or have any reasonable ground to know of any basis for any such action. No consents or waivers of or by any third party are necessary to permit the consummation by Seller of the transactions contemplated pursuant to this Agreement. 12.3 Compliance With Laws. Seller has received no notice and has no actual knowledge of any violation of any applicable law, ordinance, rule, regulation or requirement of any governmental agency, body or subdivision affecting or relating to the Property, including, without limitation, any subdivision, building, use or environmental law, ordinance, rule, requirement, or regulation. Seller agrees to disclose any potential violations known to Seller of applicable City building codes on any properties that abut the Property that is a part of this transaction. 12.4 Governmental Notices. Seller shall deliver to Buyer each and every notice or communication Seller receives from any governmental body relating to the Property or any portion thereof upon Seller's receipt of the same. 12.5 Leases. There are no leases or other agreements (either oral or \Vritten) affecting or relating to the right of party with respect to the possession of the Property, or any portion thereof. 12.6 From and after the date hereof, without the prior written consent of Buyer, Seller shall not execute nor consent to the execution of any lease of 5 R6876-0001\I653245v3.doc 2-11 any portion of the Property or any other instrument which may result in an alteration of the condition of title. 12. 7 Hazardous Materials. There are no Hazardous Materials in existence on or below the surface of the Property, including, without limitation, contamination of the soil, subsoil or ground water, which constitute a violation or any law, rule, or regulation of any government entity having jurisdiction thereof or which expose Buyer to liability to third parties, and Seller has not used, nor permitted use of, the Property for the generation, treatment, storage, or disposal of Hazardous Materials, or other condition or use that could result in or cause a discharge of any Hazardous Materials on or below the Property. "Hazardous Materials" as used herein means hazardous, toxic, or radioactive substances or materials, as the same are defined or described by applicable federal laws or regulations (including, without limitation, the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901 et seq., and the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. Section 9601 et seq., and any regulations adopted and publications promulgated pursuant to said laws), California laws or regulations (including, without limitation, those substances defined as "Hazardous Substances" in Section 25 316 of the California Health & Safety Code, and any regulations adopted and publications promulgated pursuant to said laws). Further, Seller has received no notification, warning or citation within the last five (5) years regarding any violation, or potential or pending violation, of any Hazardous Materials regulations or laws or any other law, statutory provision or regulation regarding the use, condition or status of the Property and there is no condition or activity on the Property which, if un-remedied prior to the Close of Escrow, will or could, upon passage of time, constitute a violation. 12.8 Environmental Violations. There is no condition or use of the Property that constitutes, or if un-remedied prior to the Close of Escrow, with the passage of time would constitute, a violation of (i) Section 404 of the Federal Clean Water Act (33 U.S.C. Section 2344); (ii) the Federal Clean Air Act (33 U.S.C. Section 7401, et seq.); (iii) the Federal Water Pollution Control Act (33 U.S.C. Section 1251, et seq.); (iv) any State of California law of similar substance or nature controlling or regulating the use or condition of land, water or air (including the California Environmental Quality Act) or (v) any federal or California laws or regulations relating to use of or conservation of wetlands or other natural topographical conditions. Further, Seller has received no notification, warning or citation within the last five (5) years regarding any violation or potential or pending violation, of any of such laws or regulations. 12.9 Work and Materials Furnished. Bills for work done and materials furnished with respect to the Property have been paid in full by Seller or will be discharged and paid in full by Seller by the date of Closing. 12.10 Seller is not, and never has been, a "foreign person" within the meaning of Sections 1445(t)(3) and 7701(a)(30) of the Internal Revenue Code of 1954, as amended, or California Revenue and Taxation Code Section 18662, and Seller will furnish to Buyer, prior to the Closing, an affidavit in form satisfactory to Buyer confirming the same. 6 R6876-0001\l653245v3.doc 2-12 12.11 Declaration. Covenants. Restrictions. Other than as identified in the Title Report, there are no declarations or covenants affecting the use of the Property; and there is no association which has been formed for the purpose of managing any portion of the Property. 12.12 Contracts. Except as may be disclosed by the Title Documents, there are no contracts or agreements relating to the operation, development, management or ownership of the Property or any portion thereof. 12.13 Truthfulness at Closing. Except as expressly herein otherwise provided, the representations and warranties of Seller set forth in this Agreement shall be true on and as of the Close of Escrow as if those representations and warranties were made on and as of such time. 13. BUYER'S REPRESENTATIONS. In consideration of Seller entering into this Agreement and as an inducement to Seller to sell the Property to Buyer, Buyer makes the following representations, each of which is material and is being relied upon by Seller: 13 .1 Authority. Buyer has full power and authority to enter into this Agreement and to consummate the transactions contemplated herein without obtaining the consent or approval of any other person, entity or governmental authority. The person(s) whose name(s) are set forth below hereby personally represent and warrant that they have full power and authority to sign the name of Buyer to this Agreement and to cause this Agreement to be a binding obligation of Buyer. 13.2 Truthfulness at Closing. The representations of Buyer set forth in this Agreement shall be true on and as of the Close of Escrow as if those representations and warranties were made on and as of such time. 14. DEFAULT. In the event that either party shall fail to perform Seller's obligations hereunder, the other party shall have the option to: (i) extend the Closing for such time as Buyer chooses to allow the defaulting party to remedy such default, (ii) waive such default in writing, or (iii) pursue all legal or equitable remedies available to it, including, without limitation, terminating this Agreement by written notice to the defaulting party prior to cure of the default. 15. MISCELLANEOUS. 15.1 Risk of Loss. The risk of loss or damage to the Property until the Closing is assumed by Seller. If any damage occurs to the Property prior to Closing, Seller shall promptly give Buyer written notice of the occurrence thereof and of the amount of any insurance proceeds available for the repair of such damage. Buyer at its sole option may terminate this Agreement by written notice given to Seller within thirty (30) days of Buyer's receipt of such notice, in which case the funds and documents deposited with Escrow Holder shall be returned to Buyer and this Agreement shall be null and void. If Buyer does not such or gives notice that it will nonetheless proceed with the Closing, then this Agreement will remain in full force and effect and Seller shall assign any available insurance proceeds to Buyer at or before the Closing. 7 R6876-000 I\ l 653245v3.doc 2-13 15 .2 All notice or other communications required or permitted hereunder shall be in wTiting, and shall be personally delivered; sent by certified mail, postage prepaid, return receipt requested; or delivered or sent by overnight courier and shall be deemed received upon the earlier of (i) if mailed by certified mail, three (3) business days after the date of posting by the United States Post Office, or (ii) sent by overnight courier, when delivered to the specified address. To Buyer: With a copy to: To Seller: With copy to: To Escrow Holder: City of Rancho Palos Verdes 30940 Hawthorne Blvd. Rancho Palos Verdes, CA 90275 Attn: City Manager Richards, Watson & Gershon 355 South Grand Avenue, 40th Floor Los Angeles, CA 90071 Attn: Carol W'. Lynch, Esq. Angeles, LLC 3444 Whittier Blvd. Los Angeles, CA 90023 Amir Amiri Merit Real Estate, Inc. 2305 W. 190th Street Redondo Beach, CA 90278 First American Title Insurance Company 777 S. Figueroa Street, Suite 400 Los Angeles, CA 9001 7 Attn: Sylvia Meldonia (213/271/1764) Notice of change of address shall be given by written notice in the manner detailed in this Section. Rejection or other refusal to accept or the inability to deliver because of changed address of which no notice was given shall be deemed to constitute receipt of the notice, demand, request, or communication sent. 15.3 Assignment. Buyer may not assign, transfer. or convey its rights or obligations under this Agreement without the prior written consent of Seller. However, that Buyer shall in no event be released from its obligations hereunder by reason of any assignment. No assignment or transfer, if permitted, shall be effective unless each assignee or transferee expressly agrees in writing to be bound by the terms and conditions of this Agreement. Any purported assignment, transfer, or encumbrance in violation of the foregoing may, at the option of Seller, be deemed null and void or be a default hereunder. 15.4 From and after the date of Seller's execution hereof, Seller shall maintain the Property in the same condition and state of repair as on the Effective Date, and Seller shall not grant or convey any easement, lease, license, permit, encumbrance, lien, or any other legal or beneficial interest in or to the Property, improvements 8 R6876-000 I\ l 653245v3.doc 2-14 thereon, mineral or water rights appurtenant thereto, or any other property rights whatsoever without the prior \vritten consent of Buyer, nor shall Seller violate, or allow the violation of any law, ordinance, rule, or regulation affecting the Property. Seller shall do or cause to be done all things reasonably within its control to preserve intact and unimpaired any and all easements, grants, appurtenances, privileges, and licenses in favor of or constituting any portion of the Property. 15.5 Delivery of Materials. Seller shall deliver to Buyer, at no expense to Buyer, within ten 10) days of Buyer's and Seller's execution hereof, copies of any and all contracts affecting the Property (including service and materials contracts), soils investigations and reports, water and sewer studies, topographic maps, photographs, mapping, platting, and other materials, if any, concerning the Property, which are mvned by Seller or are in Seller's possession (collectively, the "Materials"). 15.6 Survival and Conditions Precedent. Agreements, representations, covenants, and warranties contained in this Agreement or any amendment or supplement hereto shall survive Closing and delivery of deed hereunder and shall not be merged thereby, and, in addition to any effect any of the same have in law or in equity, all of the same will be deemed to be conditions precedent to the Buyer's obligations hereunder, whether so expressed or not (provided that Seller's representations shall survive the Close of Escrow for one ( 1) calendar year only). Seller acknowledges that all of the conditions to this Agreement which are for the sole benefit of the Buyer may unilaterally be waived by the Buyer only in writing. 16. GENERAL PROVISIONS. 16.1 Required Actions of Buyer and Seller. Buyer and Seller agree to execute such further instruments and documents and to consummate the purchase and sale herein contemplated, and to effectuate the intent of this Agreement. 16.2 Time of Essence. Time is of the essence of each and every term, condition, obligation, and provision hereof. 16.3 Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, but all of which, together, shall constitute one and the same instrument. Faxed copies of signed documents may be considered as originals if agreed to by each of the parties hereto. 16.4 Captions. Any captions to, or headings of. the paragraph or subparagraphs of this Agreement are solely for the convenience of the parties hereto, are not a part of this Agreement, and shall not be used for the interpretation or determination of the validity of this Agreement or any provision hereof. 16.5 No Obligations to Third Parties. Except as otherwise expressly provided herein, the execution and delivery of this Agreement shall not be deemed to confer any rights upon, nor obligate any of the parties hereto, to person or entity other than the parties hereto. 9 R6876-000 l \ l 653245v3.doc 2-15 16.6 Exhibits. The Exhibits attached hereto are hereby incorporated herein by this reference. 16. 7 Amendment to this Agreement. The tem1s of this Agreement may not be modified or amended except by an instrument in wTiting executed by each of the parties hereto. 16.8 Waiver. The waiver or failure to enforce any provision of this Agreement shall not operate as a waiver of any future breach of any such provision or any other provision hereof. 16.9 Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California, excluding California's choice of law rules. Venue for any lawsuit that is filed to enforce the provisions of this Agreement shall be in Los Angeles County Superior Court. 16.10 Fees and Other Expenses. Except as otherwise provided herein, each of the parties shall pay its own attorneys', consultants' and other fees and expenses in connection with this Agreement. 16.11 Entire Agreement. This Agreement supersedes any prior agreements, negotiations and communications, oral or written, and contains the entire agreement between Buyer and Seller as to the subject matter hereof. No subsequent agreement representation, or promise made by ether party hereto, or by or to an employee, officer, agent, or representative of either party shall be of any effect unless it is in writing and executed by the party to be bound thereby. 16.12 Successors and Assigns. Subject to any limitations on assignment contained herein, this Agreement shall be binding upon and shall inure to the benefit of the successors and assigns of the parties hereto. 16.13 No Presumption. Each prov1s1on of this Agreement has been independently and freely negotiated by both parties as if this Agreement were drafted by both parties. In the event of any ambiguity in this Agreement, the parties waive any presumption or rule requiring or permitting interpretation of said ambiguity against or in favor of either party. 16.14 Attorneys' Fees. In the event that either party is required to commence any action or proceedings against the other in order to enforce the provisions hereof, or in order to obtain damages for the alleged breach of any of the provisions hereof, the parties agree that both parties shall bear their own costs in connection with said action or proceedings and that no award of costs or attorney's fees shall arise out of any such action or proceedings. 16.15 Brokerage Fees. Each party represents to the other that it has not engaged any broker. finder or salesperson in connection with this matter. 16.16 Survival. Except as otherwise provided herein, all covenants, agreements, representations, and warranties set forth in this Agreement or in any certificate or 10 R6876-000 I \I 653245v3.doc 2-16 instrument executed or delivered pursuant to this Agreement shall survive the Closing and shall not merge into any deed, assignment, or other instrument executed or delivered pursuant hereto. 16.17 IRS Real Estate Sales Reporting. Buyer and Seller hereby appoint Escrow Agent as, and Escrow Agent agrees to act as "the person responsible for closing" the transactions which are the subject of this Agreement, pursuant to Internal Revenue Code of 1986 Section 6045(e). Escrow Agent shall prepare and file the informational return (IRS Fonn 1099- S) required by and otherwise comply with the terms of IRS Section 6045( e ). 16.18 Authoritv of City Manager. The City Manager shall have the authority to make all determinations and give all consents and approvals hereunder on behalf of City provided they are in wTiting. The City Manager may also waive provisions hereof and make non-substantial amendments to this Agreement on behalf of City provided the waiver(s) and amendment(s) are in writing. 11 R6876-000J \J 65324Sv3.doc 2-17 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. This Agreement creates certain legal rights and responsibilities as described herein and all parties should consider obtaining legal advice prior to execution of it. "BUYER": "SELLER": R6876-000 Ill 653245v3.doc CITY OF RANCHO PALOS VERDES By: ___________ _ Susan Brooks, Mayor ATTEST: Carla Morreale, City Clerk APPROVED AS TO FORM: Carol W. Lynch of Richards, Watson & Gershon, City Attorney ANGELES, LLC, a Nevada limited liability company By: ______________ _ Print Name: ------------ Title: -------------~ 12 2-18 R6876-0001\l653245v3.doc EXHIBIT "A" DESCRIPTION OF LAND OWNED BY SELLER (Attached.) 2-19 EXHIBIT-A I of l l October 15. 2013 EXHIBIT-A DESCRIPTION OF THE LANDS OF ANGELES, LLC That Real Property in the City of Rancho Palos Verdes in the County of Los Angeles, State of California, more particularly described as follows: "NORTHERN PARCEL" DESCRIPTION -APN 7546-022-022 THAT REAL PROPERTY IN THE CITY OF RANCHO PALOS VERDES IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS. BENT, ET AL." CASE NO. 2373 IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID ST A TE/ IN AND FOR SAID 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 LOT 42 OF TRACT NO. 21169, AS SHOWN ON MAP RECORDED IN BOOK 574 PAGES 21TO26 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, BEING ALSO THE MOST EASTERLY CORNER OF THE MONTEMALAGA DRIVE, 80 FEET WIDE, AS SHOWN ON THE MAP OF TRACT NO. 19683, RECORDED IN BOOK 658 PAGES 9 TO 12 INCLUSIVE OF MAPS, IN SAID OFFICE OF THE COUNTY RECORDER; THENCE NORTHWESTERLY ALONG SAID MONTEMALAGA DRIVE, BEING A CURVE CONCAVE NORTHEASTERLY, HAVING A RADIUS OF 1,550 FEET, AN ARC DISTANCE OF 332.89 FEET AND NORTH 51° 09' 56" WEST 70.00 FEET TO THE~= POINT OF BEGINNING; THENCE NORTH 38° 50' 04" EAST 57.00 FEET; THENCE NORTH 62° 00' 00" EAST 180.00 FEET: THENCE NORTH 25° 30' 00" EAST I 05.00 FEET; THENCE NORTH 55° 04' 07" EAST 11 FEET, THENCE SOUTH 86° 18' 00" EAST 35.00 FEET TO ANGLE POINT IN THE WESTERLY LINE OF THE SAID TRACT NO. 21169; THENCE ALONG SAID WESTERLY LINE, NORTH 34° 04' 59" EAST 651.79 FEET; NORTH 9° 57' 02" WEST 548.29 FEET: THENCE NORTH 21 46' 27" WEST 242.33 FEET AND NORTH 01' 38" EAST 115.00 FEET TO THE NORTHWESTERLY CORNER OF LOT 70 OF SAID TRACT NO. 21169: ALONG THE SOUTHERLY AND WESTERLY LINES OF THE LAND DESCRIBED IN THE DEED TO MIL TON S. ROTH, RECORDED ON JULY 1962 AS INSTRUMENT NO. 110 IN BOOK D-1699 PAGE 427 OFFICIAL RECORDS OF SAID COUNTY. AS FOLLOWS: 2-20 EXHIBIT-A 2of11 Octoher 1 5. 2013 NORTH 86° 11' 03" WEST 140.00 FEET AND NORTH 0° 02' "WEST .96 FEET TO THE SOUTHERLY UNE OF THE LAND DESCRIBED THE DEED TO ABRAM C. PATTERSON AND WIFE. RECORDED IN BOOK 20814 PAGE 319 OF SAID OFFICIAL RECORDS: THENCE ALONG SAID SOUTHERLY LINE, SOUTH 89° 01' WEST 199.46 FEET TO THE EASTERLY LINE OF THE LAND DESCRIBED IN DEED TO WILLIAM H. PAIN AND WIFE, RECORDED IN BOOK 25783 PAGE 181 OF SAID OFFICIAL RECORDS: THENCE ALONG SAID EASTERLY LINE SOUTH 1 15' 02" EAST 275.24 TO THE EASTERLY PROLONGATION OF THE NORTHERLY LINE OF LOT 38 OF SAID TRACT NO. 19683; THENCE ALONG SAID PROLONGATION NORTH 87° 03' 07'' WEST 228.57 FEET TO THE NORTHEASTERLY CORNER OF SAID LOT 38: THENCE ALONG THE BOUNDARY LINES OF THE Si-\ID TRACT NO. 19583. SOUTH 5° 28' IO" EAST 539.42 FEET: SOUTH I 48' 40" WEST 575.87 FEET; SOUTH 28° 09' 36" WEST 158.82 FEET AND SOUTH 32° 19' 46" WEST 340.62 FEET TO A POINT IN THE NORTHEASTERLY LINE OF SAID MONTEMALAGA DRIVE; THENCE SOUTHEASTERLY ALONG SAID MONTEMALAGA DRIVE TO THE TRUE POINT OF BEGINNING. EXCEPTING THEREFROM THAT PORTION DESCRIBED AS FOLLOWS Beginning at the northwesterly corner of said Lot 65; thence northerly along the westerly line of Lot 66 of said Tract No. 21169 a distance of 17.00 feet; thence westerly along a line perpendicular with the westerly line of said Lot 66 a distance of 50.00 feet; thence southerly along a line parallel with the westerly line of said Lots 65 and 66 a distance of 100.00 feet; thence easterly along a line perpendicular with the westerly line of said Lot 65 a distance of 50 feet to a point of intersection with the westerly line of Lot 64 of said Tract No. 21169; thence northerly along the westerly line of said Lots 64 and 65 to the Point of Beginning. SURVEYOR'S ST A TEMENT: This description was prepared October 10. 2013 at the request of the City of Rancho Palos Verdes and is compiled from information shown in Title Report No. NCS-480162-SAC4 issued by First American Title dated April 11, 2012. Michael R. McGee, PLS3945 2-21 EXHIBIT-A 3of11 October 15. 2013 "SOUTHERN PARCEL" DESCRIPTION PARCEL l: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL.'' CASE NO. IN DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST NORTHERLY CORNER OF LOT 4 OF TRACT NO. 21354, AS SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY: THENCE ALONG THE EASTERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 21337 PAGE 33 OF OFFICIAL RECORDS OF SAID COUNTY, NORTH 13° 59' 22" EAST 113.38 FEET; THENCE LEAVING SAID EASTERLY LINE, SOUTH 71 ° 58' 05" EAST TO THE NORTHERLY BOUNDARY LINE OF SAID TRACT NO. 21354; THENCE SOUTHWESTERLY AND WESTERLY ALONG SAID BOUNDARY LINE TO THE POINT OF BEGINNING. PARCEL 2: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL, VS. BENT, ET AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STA TE, IN AND FOR SAID 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 INTERSECTION OF THAT CERTAIN COURSE IN THE NORTHEASTERLY LINE OF TRACT NO. 21354, SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, AS HAVING A BEARING AND LENGTH OF NORTH 66° 29' 42" WEST 243.82 FEET, WITH THAT CERTAIN COURSE IN THE NORTHERLY BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY. HA VINO A BEARING AND LENGTH OF SOUTH 71 57' 547.58 FEET; THENCE ALONG SAID LAST MENTION CERTAIN COURSE. SOUTH 71 58' 05" EAST 119.78 FEET TO THE TERMINUS THEREOF; THENCE CONTINUING ALONG THE BOlJNDARY LINE OF THE LAND DESCRIBED IN SAID DEED, SOUTH 1 47' 41 EAST 15.00 FEET TO SAID CERTAIN COURSE IN THE NORTHEASTERLY LINE OF TRACT NO. 21354; 2-22 EXHIBIT-A 4of11 THENCE ALONG SAID NORTHEASTERLY LINE, NORTH TO THE POINT OF BEGINNING. PARCEL 3: (PORTION OF APN 7578-002-009) October 15. 2013 42" WEST 128.93 FEET THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY. ET AL, VS. BENT. ET AL." CASE NO. IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID 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 INTERSECTION OF THE SOUTHEASTERLY LINE OF TRACT NO. 21354, AS SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. WITH THAT CERTAIN COURSE IN THE EASTERLY BOUNDARY LINE OF THE LAND DESCRIBED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY, HAVING A BEARING AND LENGTH OF SOUTH 16° 47' 41" EAST 287.25 FEET; THENCE ALONG SAID CERTAIN COURSE. SOUTH 16° 47' 41" EAST TO THE SOUTHERLY TERMINUS THEREOF: THENCE CONTINUING ALONG THE BOUNDARY LINE OF THE LAND DESCRIBED IN SAID DEED SOUTH 53° 07' 56" EAST TO THE NORTHERLY BOUNDARY LINE OF TR.ACT NO. 21353, AS SHO\VN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, IN SAID OFFICE OF THE COUNTY RECORDER; THENCE ALONG SAID LAST MENTIONED BOUNDARY LINE, SOUTH 74° 56' 19" WEST TO AN ANGLE POINT THEREIN AND NORTH 47° 01' 26" WEST 30.00 FEET TO THE MOST EASTERLY CORNER OF THAT PORTION OF LOT 11 OF SAID TRACT NO. 21354 SHOWN ON MAP OF SAID LAST MENTIONED TRACT AS "FUTURE STREET": THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 21354 FOLLOWS: NORTH 47° 01' 26" WEST 30.00 FEET TO AN ANGLE POINT THEREIN AND NORTHEASTERLY ALONG THE SOUTHEASTERLY LINES OF LOTS 11, 10 AND 9 OF SAID TRACT NO. 21354, TO THE TRUE POINT OF BEGINNING. PARCEL 4: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES. ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID ST A TE, IN AND FOR SAID 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 MOST SOUTHERLY CORNER OF LOT 63 OF TRACT NO. 21353. AS SHO'WN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG THE BOUNDARY LINE OF SAID TRACT NO. 21353, SOUTH 6 7° 36' 15" EAST TO THE 2-23 EXHIBIT-A 5of11 October 15. 2013 EASTERLY BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE NORTHERLY.NORTHEASTERLY AND NORTHWESTERLY ALONG SAID EASTERLY BOUNDARY LINE TO THE EASTERLY BOUNDARY LINE OF SAID TRACT NO. 21 THENCE SOUTHERLY AND SOUTHWESTERLY ALONG SAID LAST MENTIONED BOUNDARY LINE, TO THE POINT OF BEGINNING. PARCEL 5: (APN 7578-003-001) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES. ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN 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 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 INTERSECTION OF THE SOUTHEASTERLY LINE OF TRACT NO. 21353, AS SHOWN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, WITH THAT CERTAIN COURSE IN THE BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY, HA YING A BEARING AND LENGTH OF NORTH 20° 32' 00" WEST 293.66 FEET; THENCE ALONG THE BOUNDARY LINES OF THE LAND DESCRIBED IN SAID DEED AS FOLLOWS: SOUTH 20° 32' 00" EAST TO AN ANGLE POINT THEREIN; NORTH 61° 05' 05" EAST 359.86 FEET AND NORTH 22° 41' OT' WEST TO SAID SOUTHEASTERLY LINE OF TRACT NO. 21353; THENCE SOUTHWESTERLY ALONG SAID SOUTHEASTERLY LINE TO THE POINT OF BEGINNING. PARCEL 6: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN THE ACTION "BIXBY. ET ALI VS. BENT, ET AL," CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STATE OF CALIFORNIA, IN AND FOR THE COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE 57 OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY: AND THAT PORTION OF TRACT NO. 21353, IN SAID COUNTY AND ST A TE. AS PER MAP RECORDED IN BOOK 598 PAGES TO 38 INCLUSIVE OF MAPS, IN THE OFFICE OF THE RECORDER OF SAID COUNTY, DESCRIBED AS A WHOLE AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF THE LAND DESCRIBED IN THE DEED RECORDED ON AUGUST 25, 1955 AS DOCUMENT NO. 2058, IN BOOK 48759 2-24 EXHIBIT-A 6of11 October 15. 2013 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE WESTERLY LINE OF THE LAND DESCRIBED IN SAID DEED, SOUTH 55' 42" WEST 392.44 FEET TO THE ANGLE POINT IN THE WESTERLY LINE OF LOT OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY OF SAID TRACT NO. 21351, NORTH 38° 45' EAST 459.00 FEET TO A POINT IN NORTHERLY LINE OF THE LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 48759 PAGE OF SAID OFFICIAL RECORDS; THENCE NORTH 82° 31' 00" WEST ALONG SAID NORTHERLY TO THE POINT OF BEGINNING. PARCEL (PORTION OF APN 7578-002-009 AND ALL OF APN 7578-002-0 I 0) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL.. VS. BENT, ET AL." CASE NO. 2373. IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID ST A TE, IN AND FOR SAID 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 NORTHWESTERLY TERMINUS OF THAT CERTAIN SOUTHWESTERLY LINE OF MONTEMALAGA DRIVE, 80 FEET WIDE, SHOWN AS HAVING A BEARING AND LENGTH OF NORTH 62° 59' 45" WEST Ll69.50 FEET ON THE MAP OF TRACT NO. 19683, RECORDED IN BOOK 658 PAGES 9 TO 12 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG SAID CERTAIN SOUTHWESTERLY LINE, SOUTH 62° 59' 45" EAST 481.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 27° 00' 15" WEST 401.36 FEET TO A POINT ON THE EASTERLY LINE OF THE LAND DESCRIBED IN THE DEED RECORDED IN BOOK 21337 PAGE 33 OF OFFICIAL RECORDS OF SAID COUNTY, THAT IS DISTANT THEREON SOUTH 13° 59' 22" WEST 127.00 FEET FROM THE NORTHEASTERLY CORNER THEREOF; THENCE ALONG SAID EASTERLY LINE SOUTH 13° 59' 22" WEST 10.08 FEET TO THE MOST NORTHERLY CORNER OF THE LAND DESCRIBED IN THE DEED TO ASH LAND CO .. ET AL, RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE NORTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED SOUTH 71° 58' 05" EAST 339.02 FEET TO THE NORTHWESTERLY LINE OF LOT 7 OF TRACT NO. 21354, AS PER MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY OF SAID TRACT NO. 21354, NORTH 76° 31' 05" EAST 14.04 FEET AND SOUTH 66° 29' 42" EAST 76.96 FEET TO THE NORTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL; THENCE ALONG BOUNDARY OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED SOUTH 71 58' 05" EAST 119.78 FEET AND SOUTH l 49" EAST 15 FEET TO THE NORTHERLY LINE OF LOT 9. SOUTH 66° 29' "EAST 37.93 FEET TO THE BEGINNING OF A NON-CURVE THEREIN CONCA VE WESTERLY AND HA YING A RADIUS OF 120 FEET, RADIAL LINE TO THE BEGINNING OF SAID CURVE BEARS NORTH 53° 18' EAST; THENCE SOUTHERLY ALONG SAID CURVE IN THE 2-25 EXHIBIT-A 7of11 October 15. 20 l 3 BOUNDARY OF SAID LOT 9, AN ARC DISTANCE OF I 1 FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO .. ET THENCE ALONG SAID LAST MENTIONED BOUNDARY SOUTH 16° 49" EAST 12L 11 FEET AND SOUTH 07'56" EAST 81 FEET TO THE NORTHERLY LINE OF LOT 69 OF TRACT NO. 21353. AS PER MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY: THENCE ALONG THE NORTHERLY AND EASTERLY LINES OF SAID LAST MENTIONED LOT, NORTH 73° 56' 19" EAST 54.24 FEET AND SOUTH 42' 1 EAST 88.16 FEET TO THE BOUNDARY OF THE LAND DESCRIBED lN SAID DEED TO ASH LAND CO., ET AL: THENCE ALONG SAID LAST MENTIONED BOUNDARY SOUTH I 56' 51" EAST 105.46 FEET: SOUTH 30° 23' 51" WEST 161.47 FEET AND SOUTH 15° 29' 01" WEST 353.28 FEET TO THE NORTHEASTERLY LINE OF LOT 62 OF SAID TRACT 21353: THENCE ALONG THE BOUNDARY OF SAID LAST MENTIONED LOT, SOUTH 67° 36' 15" EAST 32.42 FEET: THENCE SOUTH 16° 41' 31" EAST 113.12 FEET AND SOUTH 33° 51' 14" WEST 117.69 FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO .. ET AL; THENCE ALONG SAID MENTIONED BOUNDARY, SOUTH 22° 41' 15" EAST 285.96 FEET; THENCE LEAVING SAID LAST MENTIONED BOUNDARY, NORTH 89° 34' 23" EAST ALONG A LINE THAT WOULD PASS THROUGH THE SOUTHWESTERLY CORNER OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY, A DISTANCE OF 116.22 FEET TO THE WESTERLY LINE OF LOT 15 OF TRACT NO. 21351, AS PER MAP RECORDED IN BOOK 598 PAGES 32 TO 38 INCLUSIVE OF MAPS,RECORDS OF SAID COUNTY; THENCE ALONG THE WESTERLY LINES OF LOTS 15, 16 AND 17 OF SAID TRACT NO. 21351, NORTH 9° 48' 07'' EAST 79.54 FEET AND NORTH 16° 08' IS" EAST 75.95 FEET TO THE MOST NORTHERLY CORNER OF SAID LOT 17; THENCE ALONG THE WESTERLY LINE OF LOT 18 AND ITS NORTHERLY PROLONGATION OF LAST MENTIONED TRACT, BEING ALSO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY; NORTH 5° 55' 42" EAST 845.47 FEET TO AN ANGLE POINT IN SAID LAST MENTIONED BOUNDARY; THENCE ALONG SAID LAST MENTIONED BOUNDARY. SOUTH 82° 31' 00" EAST 248.95 FEET TO THE NORTHWESTERLY LINE OF LOT 30 OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY LINES OF LOTS 30 AND 31 OF SAID TRACT NO. 21351, NORTH 38° 45' 35" EAST 12.96 FEET AND SOUTH 82° 27' 27" EAST 287.38 FEET TO THE SOUTHWEST CORNER OF LOT 47 OF SAID TRACT NO. 21351: THENCE ALONG THE WESTERLY LINE OF SAID LOT 47, NORTH 17° 03' 54" EAST 67.34 FEET TO THE SOUTHWEST CORNER OF LOT 14 OF TRACT NO. 24530, AS PER MAP RECORDED IN BOOK 666 PAGES 1 AND 2 OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY LINES OF SAID LAST MENTIONED TRACT. NORTH 37° 50' 19" WEST 179.78 FEET AND NORTH 29° 47' 28" EAST 110 FEET TO THE SOUTHWESTERLY LINE OF MONTEMALAGA DRIVE, 80 FEET WIDE, AS SHOWN ON SAID MAP OF TRACT NO. 19683: THENCE NORTHWESTERLY ALONG SAID MONTEMALAGA DRIVE. TO THE TRUE POINT OF BEGINNING. 2-26 EXHIBIT-A Page 8of11 SURVEYOR'S STATEMENT: This description was prepared October 10. 2013 at the request of the City of Rancho Palos Verdes and is compiled from information shown in Title October 15. 2013 Report NCS-480 l 62-SAC4 issued by First American Title dated April 11. 201 Michael R. McGee, PLS3945 "MOSSBANK DRIVE PARCEL" Description -APN 7578-003-006 THAT REAL PROPERTY IN THE CITY OF RANCHO PALOS VERDES IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: PARCEL 1: THAT PORTION OF LOT "H'' OF THE RANCHOS LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN 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 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 INTERSECTION OF THE SOUTHWESTERLY LINE OF THE LAND DESCRIBED IN PARCEL 1 OF DEED RECORDED ON JUNE 15, 1956 AS DOCUMENT NO. 2360, IN BOOK 51464 PAGE 380 OF OFFICIAL RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, WITH THE NORTHERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED ON DECEMBER 10, 1957 AS DOCUMENT NO. 1667, IN BOOK 56217 PAGE 198 OF SAID OFFICIAL RECORDS; THENCE ALONG THE NORTHERLY AND NORTHEASTERLY LINES OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED NORTH 86° 58' 40" WEST 24.94 FEET, SOUTHWESTERLY ALONG A TANGENT CURVE CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 430 FEET THROUGH A CENTRAL ANGLE OF 44' 03", AN ARC DISTANCE OF 185.63 FEET, WESTERLY AND NORTHWESTERLY ALONG A REVERSE CURVE THEREIN CONCAVE NORTHERLY, HAVING A RADIUS OF 210 FEET THROUGH A CENTRAL ANGLE OF 69° 35' 01" AN ARC DISTANCE OF 255.04 FEET: TANGENT TO SAID LAST MENTIONED CURVE NORTH 07' 42" WEST 500.20 FEET; NORTHWESTERLY ALONG AT ANGENT CURVE THEREIN CONCA VE SOUTHWESTERLY. HA YING RADIUS OF 450 FEET THROUGH A CENTRAL ANGLE OF 16' 48", AN ARC DISTANCE OF 292.80 FEET; THENCE TO SAID LAST MENTIONED CURVE NORTH 79° 2-27 EXlllBIT-A 9of11 October 15. 2013 30" WEST 17.34 FEET AND SOUTH 19° 06' 50" EAST 69.66 FEET TO THE NORTHEASTERLY LINE OF TRACT NO. AS PER MAP RECORDED IN BOOK 643. PAGE(S) 10 TO 13 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY: THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. AND ALONG THE BOUNDARY LINES OF TRACT NO. 2220, PER MAP RECORDED IN BOOK 639 PAGES 19 TO INCLUSIVE OF MAPS. RECORDS OF SAID COUNTY. SOUTHEASTERLY ALONG A NON-TANGENT CURVE THEREIN CONCAVE SOUTHWESTERLY. HA YING A RADIUS OF 390 FEET THROUGH A CENTRAL ANGLE OF 34° 48' 14". AN ARC LENGTH OF 236.90 FEET AND TANGENT TO SAID LAST MENTIONED CURVE SOUTH 07' 42" EAST 199.62 TO THE WESTERLY LINE OF THE LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 56217 PAGE 198 OF SAID OFFICIAL RECORDS: THENCE ALONG THE BOUNDARY LINES OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED. SOUTH 83° 09' 26" EAST 32.09 FEET: THENCE SOUTH 56° 01' 24" EAST 110.94 FEET; SOUTH 56' 24" EAST 98.35 FEET; SOUTH 27° 44' 28" EAST 152.53 FEET: SOUTH 1° 00' 50" WEST 113.02 FEET; SOUTH 19° 25' 27" WEST 201.47 FEET; NORTH 30° 00' 00" EAST 311.18 FEET TO THE BEGINNING OF A NONTANGENT CURVE CONCA VE NORTHERLY AND HAVING A RADIUS OF 270 FEET, A RADIAL LINE OF SAID LAST MENTIONED CURVE BEARS SOUTH 11° 20' 45" WEST; EASTERLY ALONG SAID LAST MENTIONED CURVE THROUGH A CENTRAL ANGLE OF 33° 03' 28", AN ARC DISTANCE OF 155.78 FEET; EASTERLY ALONG A REVERSE CURVE CONCA VE SOUTHERLY AND HAVING A RADIUS OF 370 FEET THROUGH A CENTRAL ANGLE OF 24° 44' 03". AN ARC DISTANCE OF 159.73 FEET: TANGENT TO SAID LAST MENTIONED CURVE SOUTH 86° 58' 40" EAST 79.64 FEET AND NORTH 39° 19' 50" WEST 81.19 FEET TO THE POINT OF BEGINNING. PARCEL 2: THAT PORTION OF LOT "H" OF THE RANCHOS LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS. BENT, ET AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID ST A TE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED lN BOOK 4 PAGE 57 OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGIN'NING AT THE INTERSECTION OF THAT PORTION OF THE NORTHERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED ON JlJNE 29, 1955 AS DOCUMENT NO. 2487. IN BOOK 48207 PAGE 182 OF OFFICIAL RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COlJ'NTY, DESCRIBED AS HAVING A BEARING AND DISTANCE OF "SOUTH 83° 09' EAST 125.90 . WITH THAT PORTION OF THE NORTHEASTERLY LINE OF TRACT NO. 22200, AS PER MAP RECORDED IN BOOK 639 PAGES 19 TO INCLUSIVE OF MAPS, RECORDS OF SAID COlJ'NTY. SHOWN ON SAID MAP AS HA YING BEARING AND DISTANCE OF NORTH 07' "WEST . THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 07' " EAST 300.58 FEET AND SOUTHEASTERLY ALONG A TANGENT 2-28 EXHIBIT-A 10of11 October 15. 2013 CURVE CONCA VE NORTHEASTERLY. HAVING A RADIUS OF 270 FEET, AN ARC DISTANCE OF 78.28 FEET TO THE NORTHEASTERLY LINE OF THE LAND DESCRIBED IN SAID DEED. RECORDED IN BOOK 48207 PAGE 182 OF SAID OFFICIAL RECORDS: THENCE ALONG THE BOUNDARY LINES OF LAND DESCRIBED lN SAID DEED. NORTH 44' 28" WEST 1 FEET: NORTH 56' WEST 98.35 FEET: NORTH 56° 01' WEST I 10.94 FEET; AND NORTH 83° 09' 26" WEST 32.09 TO THE POINT OF BEGINNING. PARCEL 3: THAT PORTION OF LOT "H" OF THE RANCHOS LOS PALOS VERDES. ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTlTION IN ACTlON "BIXBY, ET AL.. VS. BENT, ET AL." CASE NO. 2373, lN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE 57 OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY, AND THAT PORTION OF TRACT NO. 21351, IN SAlD COUNTY AND STATE, AS PER MAP RECORDED IN BOOK 598 PAGE(S) 32 TO 38 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. DESCRIBED AS A WHOLE AS FOLLOWS: BEGINNING AT THE MOST WESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL l OF THE DEED RECORDED ON JUNE 15, 1956 AS DOCUMENT NO. 2360, IN BOOK 51464 PAGE 380 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY OF SAID LAND, SOUTH 39° 19' 50" EAST 1,044.82 FEET TO A POINT IN THE NORTHWESTERLY LINE OF LOT 138 OF TRACT 21350, AS SHOWN ON MAP RECORDED IN BOOK 599 PAGES 90 TO 95 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT, NORTH 50° 26' 52" EAST 15.75 FEET AND NORTH 33° 05' 48" WEST 390.13 FEET TO THE MOST WESTERLY CORNER OF LOT 130 OF SAID TRACT NO. 21350, BEING ALSO THE MOST SOUTHERLY CORNER OF LOT l OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 21351. NORTH 31° 37' 40" WEST 249.38 FEET TO A POINT IN THE CURVED SOUTHERLY LINE OF MOSSBANK DRIVE AS SHO\:VN ON SAID TRACT NO. 2135 L BEING A CURVE CONCA VE TO THE NORTH AND HAVlNG A RADIUS OF 185.00 FEET, THE RADIAL LINE TO SAID LAST MENTIONED POINT BEARS SOUTH 19° 08' 27" EAST WESTERLY ALONG SAID CURVE 26.10 FEET AND NORTH 31° 37' 40" WEST 66.43 FEET TO A POINT IN THE CURVED NORTHERLY LINE OF SAID MOSSBANK DRIVE SAID NORTHERLY LINE BEING A CURVE CONCAVE TO THE NORTH AND HAVING A RADIUS OF 125.00 FEET, THE RADIAL LINE TO SAID LAST MENTIONED POINT BEARS SOUTH 17' 44" EAST: THENCE EASTERLY ALONG SAID CURVE 16.92 FEET TO THE MOST SOUTHERLY OF LOT 5 OF SAID TRACT NO. 21351: THENCE ALONG THE SOUTHWESTERLY LINES OF LOTS 5 TO 11 INCLUSIVE OF SAID TRACT NO. 2 I 351. NORTH 31 40" WEST 489.17 FEET TO THE SOUTHWESTERLY CORNER OF LOT 12 OF SAID TRACT NO. 21351: THENCE ALONG THE WESTERLY LINE OF SAID LOT 1 NORTH 4° 01 ''WEST 50.23 FEET TO INTERSECTION WITH THE WESTERLY 2-29 EXHIBIT-A 11 of I l October 15. 2013 LINE OF SAID LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 51464 PAGE 380 OF SAID OFFICIAL RECORDS; THENCE SOUTH 55' 42" WEST ALONG SAID LAST MENTIONED WESTERLY LINE 259.95 TO THE POINT OF BEGINNING. SURVEYOR'S ST A TEMENT: This description was prepared October 10, 2013 at the request of the City of Rancho Palos Verdes and is compiled from information shown in Title Report No. NCS-480162-SAC4 issued by First American Title dated April 1 L 201 Michael K McGee. PLS3945 2-30 DRAFT EXHIBIT "B" DESCRIPTION OF LAND TO BE CONVEYED BY SELLER TO BUYER (Attached.) R6876-000 I\ I 653245v3.doc 2-31 EXlllBIT-B I of 15 October 15. 2013 EXHIBIT-B DESCRIPTION OF THE LANDS TO BE ACQUIRED BY THE CITY OF RANCHO PALOS VERSDES FROM ANGELES, LLC That Real Property in the City of Rancho Palos Verdes in the County of Los Angeles. State of California, more particularly described as follows: "NORTHERN PARCEL" DESCRIPTION APN 7 546-022-022 Described below and shown on the following Map THAT REAL PROPERTY IN THE CITY OF RANCHO PALOS VERDES IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN 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 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 LOT 42 OF TRACT NO. 21169, AS SHOWN ON MAP RECORDED IN BOOK 574 PAGES 21 TO 26 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, BEING ALSO THE MOST EASTERLY CORNER OF THE MONTEMALAGA DRIVE, 80 FEET WIDE, AS SHOWN ON THE MAP OF TRACT NO. 19683, RECORDED IN BOOK 658 PAGES 9 TO 12 INCLUSIVE OF MAPS, IN SAID OFFICE OF THE COUNTY RECORDER; THENCE NORTHWESTERLY ALONG SAID MONTEMALAGA DRIVE, BEING A CURVE CONCAVE NORTHEASTERLY, HAVING A RADIUS OF 1,550 FEET, AN ARC DISTANCE OF 332.89 FEET AND NORTH 51 09' 56" WEST 70.00 FEET TO THE ~~ THENCE NORTH 38° 50' 04" EAST 57.00 FEET: THENCE NORTH 62° 00' 00" EAST 180.00 FEET; THENCE NORTH 30' 00" EAST 105.00 FEET: THENCE NORTH 04' 07'' EAST 112.57 . THENCE SOUTH 86° 18' 00" EAST 35.00 FEET TO AN ANGLE POINT IN THE WESTERLY LINE OF SAID TRACT NO. 21169; THENCE ALONG SAID WESTERLY LINE. NORTH 34° 04' 59" EAST 651 FEET; NORTH 9° 57' 02" WEST 2-32 EXHIBIT-B Page 2of15 October 15. 2013 548.29 THENCE NORTH 21 46' 27" WEST AND NORTH OJ' 38" EAST 115.00 NORTHWESTERLY CORNER OF LOT 70 OF SAID TRACT NO. 21169; ALONG THE SOUTHERLY AND WESTERLY LINES OF THE LAND DESCRIBED IN THE TO MILTON S. ROTH. RECORDED ON JULY 1 AS INSTRUMENT NO. 110 IN BOOK D-1699 PAGE OFFICIAL RECORDS OF SAID COUNTY, AS FOLLOWS: NORTH 86° 11' 03" WEST 140.00 FEET AND NORTH 02' "WEST 243.96 TO THE SOUTHERLY LINE OF THE LAND DESCRIBED IN THE DEED TO ABRAM C. PATTERSON AND WIFE. RECORDED IN BOOK 20814 PAGE 319 OF SAID OFFICIAL RECORDS; THENCE ALONG SAID SOUTHERLY SOUTH 89° 01' 24" \VEST 199.46 FEET TO THE EASTERLY LINE OF THE LAND DESCRIBED IN DEED TO WILLIAM H. PAIN AND WIFE, RECORDED IN BOOK 25783 PAGE 181 OF SAID OFFICIAL RECORDS; THENCE ALONG SAID EASTERLY LINE SOUTH 10° 15' 02" EAST 275.24 FEET TO THE EASTERLY PROLONGATION OF THE NORTHERLY LINE OF LOT 38 OF SAID TRACT NO. 19683; THENCE ALONG SAID PRO LON GA TION NORTH 87° 03' 07'' WEST 228.57 FEET TO THE NORTHEASTERLY CORNER OF SAID LOT 38; THENCE ALONG THE BOUNDARY LINES OF THE SAID TRACT NO. 19583, SOUTH 5° 28' 10" EAST 539.42 FEET; SOUTH 1° 48' 40" WEST 575.87 FEET: SOUTH 28° 09' 36" WEST 158.82 FEET AND SOUTH 32° 19' 46" WEST 340.62 FEET TO A POINT IN THE NORTHEASTERLY LINE OF SAID MONTEMALAGA DRIVE; THENCE SOUTHEASTERLY ALONG SAID MONTEMALAGA DRIVE TO THE TRUE POINT OF BEGINNING. EXCEPTING THEREFROM THAT PORTION DESCRIBED AS FOLLOWS Beginning at the northwesterly corner of said Lot 65; thence northerly along the westerly line of Lot 66 of said Tract No. 21169 a distance of 17.00 feet; thence westerly along a line perpendicular with the westerly line of said Lot 66 a distance of 50.00 feet; thence southerly along a line parallel with the westerly line of said Lots 65 and 66 a distance of 100.00 feet; thence easterly along a line perpendicular with the westerly line of said Lot 65 a distance of 50 feet to a point of intersection with the westerly line of Lot 64 of said Tract No. 21169; thence northerly along the westerly line of said Lots 64 and 65 to the Point of Beginning. SURVEYOR'S STATEMENT: This description was prepared October 10, 2013 at the request of the City of Rancho Palos Verdes and is compiled from information shown in Title Report No. NCS-480162-SAC4 issued by First American Title dated April 11, 201 Michael R. McGee, PLS3945 2-33 EXHIBIT-B 3 ofl5 October 15. 2013 2-34 EXHIBIT-B 4of15 October 15. 2013 "SOUTHERN PARCEL" DESCRIPTION Described below and shown on the following Exhibit Map PARCEL 1: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY. ET AL.'. CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID 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 Tl:lE MOST NORTHERLY CORNER OF LOT 4 OF TRACT NO. 21354. AS SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG THE EASTERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 21337 PAGE 33 OF OFFICIAL RECORDS OF SAID COUNTY, NORTH 13° 59' 22" EAST 113.38 FEET; THENCE LEAVING SAID EASTERLY LINE. SOUTH 71°58' 05" EAST TO THE NORTHERLY BOUNDARY LINE OF SAID TRACT NO. 21354; THENCE SOUTHWESTERLY AND WESTERLY ALONG SAID BOUNDARY LINE TO THE POINT OF BEGINNING. PARCEL 2: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL.. VS. BENT, ET AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID ST A TE, IN AND FOR SAID 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 INTERSECTION OF THAT CERTAIN COURSE IN THE NORTHEASTERLY LINE OF TRACT NO. 21354, SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS. IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, AS HAVING BEARING AND LENGTH OF NORTH 66° 29' 42" WEST 243.82 FEET, WITH THAT CERTAIN COURSE IN THE NORTHERLY BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY, HAVING BEARING AND LENGTH OF SOUTH 71 57' 57" EAST 547.58 FEET: THENCE ALONG SAID LAST MENTION CERTAIN COURSE. SOUTH 71° 58' 05" EAST 119.78 FEET TO THE EASTERLY TERMINUS THEREOF; THENCE CONTINUING ALONG THE BOUNDARY LINE OF THE LAND DESCRIBED IN SAID DEED, SOUTH 16° 47' 41" EAST 15.00 TO SAID CERTAIN COURSE IN THE NORTHEASTERLY LINE OF TRACT NO. 21354; 2-35 FXH!BIT-B 5of15 October 15. 20 I ALONG SAID NORTHEASTERLY LINE NORTH 66° 42" WEST 128.93 FEET TO THE POINT OF BEGINNING. PARCEL 3: (PORTION OF APN 7578-002-009) THAT PORTlON OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET VS. BENT, ET AL'' CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STA TE. IN AND FOR SAID 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 INTERSECTION OF THE SOUTHEASTERLY LINE OF TRACT NO. 21354. AS SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, WITH THAT CERTAIN COURSE IN THE EASTERLY BOUNDARY LINE OF THE LAND DESCRIBED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY. HAVING A BEARING AND LENGTH OF SOUTH 16° 47' 41" EAST 287.25 FEET; THENCE ALONG SAID CERTAIN COURSE, SOUTH 16° 47' 41" EAST TO THE SOUTHERLY TERMINUS THEREOF; THENCE CONTINUING ALONG THE BOUNDARY LINE OF THE LAND DESCRIBED IN SAID DEED SOUTH 53° 07' 56" EAST TO THE NORTHERLY BOUNDARY LINE OF TRACT NO. 21353, AS SlIOWN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS. IN SAID OFFICE OF THE COUNTY RECORDER; THENCE ALONG SAID LAST MENTIONED BOUNDARY LINE. SOUTH 74° 56' 19" WEST TO AN ANGLE POINT THEREIN AND NORTH 47° 01' 26" WEST 30.00 FEET TO THE MOST EASTERLY CORNER OF THAT PORTION OF LOT 11 OF SAID TRACT NO. 21354 SHOWN ON MAP OF SAID LAST MENTIONED TRACT AS "FUTURE STREET"; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 21354 FOLLOWS: NORTH 47° 01' 26" WEST 30.00 FEET TO AN ANGLE POINT THEREIN AND NORTHEASTERLY ALONG THE SOUTHEASTERLY LINES OF LOTS 11, 10 AND 9 OF SAID TRACT NO. 21354, TO THE TRUE POINT OF BEGINNING. PARCEL 4: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL.. VS ET AL." CASE NO. IN DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID ST A TE. IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY. DESCRIBED AS FOLLOWS: BEGINNING THE MOST SOUTHERLY CORNER OF LOT 63 OF TRACT NO. 21353, AS SHOWN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG 2-36 EXlllBJT-B 6 of 15 October 15. 2013 THE BOUNDARY LINE OF SAID TRACT NO. 21 SOUTH 36' l EAST TO THE EASTERLY BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 166 OF OFFlCIAL RECORDS OF SAID COUNTY; THENCE NORTHERI , NORTHEASTERLY AND NORTHWESTERLY ALONG SAID EASTERLY BOUNDARY LINE TO THE EASTERLY BOUNDARY OF SAID TRACT NO. 21353; THENCE SOUTHERLY AND SOUTH ALONG SAID LAST MENTIONED BOUNDARY LINE TO THE POINT OF BEGINNING. PARCEL 5: (APN 7578-003-001) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES. A.LLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY. ET AL., VS. BENT ET AL." CASE NO, 2373, IN THE DlSTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID 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 INTERSECTION OF THE SOUTHEASTERLY LINE OF TRACT NO. 21353, AS SHOWN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. WITH THAT CERTAIN COURSE IN THE BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY, HAVING A BEARING AND LENGTH OF NORTH 20° 32' 00" WEST 293.66 FEET; THENCE ALONG THE BOUNDARY LINES OF THE LAND DESCRIBED IN SAID DEED AS FOLLOWS: SOUTH 20° 32' 00" EAST TO AN ANGLE POINT THEREIN; NORTH 61° 05' 05" EAST 359.86 FEET AND NORTH 22° 41' or WEST TO SAID SOUTHEASTERLY LINE OF TRACT NO. 21353; THENCE SOUTHWESTERLY ALONG SAID SOUTlIEASTERLY LINE TO THE POINT OF BEGINNING. PARCEL 6: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT ''H" OF THE RANCHO PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN THE ACTION "BIXBY, ET ALI VS. BENT, AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID ST A TE OF CALIFORNIA. IN AND FOR THE COUNTY OF LOS ANGELES. AND ENTERED IN BOOK 4 PAGE OF JUDGMENTS. IN THE SUPERIOR COURT OF SAID COUNTY; AND THAT PORTION OF TRACT NO. 21353, IN SAID COUNTY AND AS PER MAP RECORDED IN BOOK 598 PAGES 32 TO 38 INCLUSIVE OF MAPS, IN THE OFFICE OF THE RECORDER OF SAID COUNTY, DESCRIBED AS A WHOLE AS FOLLOWS: 2-37 EXHIB!T-B 7of15 October 15. 2013 BEGINNING AT THE NORTHWEST CORNER OF THE LAND DESCRIBED IN THE DEED RECORDED ON AUGUST 1955 AS DOCUMENT NO. 2058, IN BOOK 48759 PAGE OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE WESTERLY LINE OF THE LAND DESCRIBED IN SAID DEED, SOUTH WEST 392.44 FEET TO THE ANGLE POINT IN THE WESTERLY LINE OF LOT OF SAID TRACT NO. 21 l; THENCE ALONG THE BOUNDARY OF SAID TRACT NO. 21 1, NORTH 38° 45' 35" EAST 459.00 FEET TO POINT IN THE NORTHERLY LINE OF THE LAND DESCRIBED SAID DEED RECORDED IN BOOK 48759 PAGE OF SAID OFFICIAL RECORDS: THENCE NORTH 82° 31' 00" WEST ALONG SAID NORTHERLY TO THE POINT OF BEGINNING. PARCEL 7: (PORTION OF APN 7578-002-009 AND ALL OF APN 7578-002-010) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES. ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL, VS. BENT, ET AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE I 7TH JUDICIAL DISTRICT OF SAID ST A TE, IN AND FOR SAID 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 NORTHWESTERLY TERMINUS OF THAT CERTAIN SOUTHWESTERLY LINE OF MONTEMALAGA DRIVE. 80 FEET WIDE. SHOWN AS HAVING A BEARING AND LENGTH OF NORTH 62° 59' 45" WEST 1.169.50 FEET ON THE MAP OF TRACT NO. 19683, RECORDED IN BOOK 658 PAGES 9 TO 12 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG SAID CERTAIN SOUTHWESTERLY LINE. SOUTH 62° 59' 45" EAST 481.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 27° 00' 15" WEST 401.36 FEET TO A POINT ON THE EASTERLY LINE OF THE LAND DESCRIBED IN THE DEED RECORDED IN BOOK 21337 PAGE 33 OF OFFICIAL RECORDS OF SAID COUNTY, THAT IS DISTANT THEREON SOUTH 13° 59' 22" WEST 127.00 FEET FROM THE NORTHEASTERLY CORNER THEREOF; THENCE ALONG SAID EASTERLY LINE SOUTH 13° 59' 22" WEST 10.08 FEET TO THE MOST NORTHERLY CORNER OF THE LAND DESCRIBED IN THE DEED TO ASH LAND CO., ET AL, RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE NORTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED SOUTH 71° 58' 05" EAST 339.02 FEET TO THE NORTHWESTERLY LINE OF LOT 7 OF TRACT NO. 21354. AS PER MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY OF SAID TRACT NO. 21354. NORTH 76° 31' 05" EAST 14.04 AND SOUTH 66° 29' EAST 76.96 TO THE NORTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL; THENCE ALONG THE BOUNDARY OF LAND DESCRIBED IN SAID LAST MENTIONED DEED SOUTH 71 58' 05" EAST 119.78 AND SOUTH l 49" EAST 15 FEET TO THE NORTHERLY LINE OF LOT 9, SOUTH 66° 29' 42" EAST 37.93 TO THE BEGINNING OF NON-TANGENT CURVE THEREIN CONCA VE WESTERLY AND 2-38 EXHIBIT-B 8of15 October 15. 2013 HA YING A RADIUS OF 120 . RADIAL LINE TO THE BEGINNING OF SAID CURVE BEARS NORTH 53° 18' 52" EAST: THENCE SOUTHERLY ALONG SAID CURVE IN BOUNDARY OF SAID LOT 9. AN ARC DISTANCE OF 137.21 TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO .. ET AL: THENCE ALONG SAID LAST MENTIONED BOUNDARY SOUTH I 47' EAST 121.11 AND SOUTH 07'56" EAST 81.20 FEET TO THE NORTHERLY LINE OF LOT 69 OF TRACT NO. 21353. AS PER MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS. RECORDS OF SAID COUNTY; THENCE ALONG THE NORTHERLY AND EASTERLY LINES OF SAID LAST MENTIONED LOT. NORTH 56' 19" EAST 54.24 FEET AND SOUTH 42' 12" EAST 88.16 FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL; THENCE ALONG SAID LAST MENTIONED BOUNDARY SOUTH 15° 56' 51" EAST 105.46 FEET: SOUTH 30° 23' 51" WEST 161.47 FEET AND SOUTH 1 29' 01" WEST 353.28 FEET TO THE NORTHEASTERLY LINE OF LOT 62 OF SAID TRACT 21353: THENCE ALONG THE BOUNDARY OF SAID LAST MENTIONED LOT, SOUTH 67° 36' 15'' EAST 32.42 FEET; THENCE SOUTH 16° 41' 31" EAST 113.12 FEET AND SOUTH 33° 51' 14" WEST 117.69 FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL; THENCE ALONG SAID MENTIONED BOUNDARY, SOUTH 41' 15" EAST 285.96 FEET; THENCE LEAVING SAID LAST MENTIONED BOUNDARY, NORTH 89° 34' 23" EAST ALONG A LINE THAT WOULD PASS THROUGH THE SOUTHWESTERLY CORNER OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY, A DISTANCE OF 116.22 FEET TO THE WESTERLY LINE OF LOT 15 OF TRACT NO. 21351. AS PER MAP RECORDED IN BOOK 598 PAGES 32 TO 38 INCLUSIVE OF MAPS,RECORDS OF SAID COUNTY; THENCE ALONG THE WESTERLY LINES OF LOTS 15, 16 AND 17 OF SAID TRACT NO. 21351, NORTH 9° 48' 07" EAST 79.54 FEET AND NORTH 16° 08' IS" EAST 75.95 FEET TO THE MOST NORTHERLY CORNER OF SAID LOT 17; THENCE ALONG THE WESTERLY LINE OF LOT 18 AND ITS NORTHERLY PROLONGATION OF LAST MENTIONED TRACT, BEING ALSO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY; NORTH 5° 55' 42" EAST 845.47 FEET TO AN ANGLE POINT IN SAID LAST MENTIONED BOUNDARY; THENCE ALONG SAID LAST MENTIONED BOUNDARY, SOUTH 82° 31' 00" EAST 248.95 FEET TO THE NORTHWESTERLY LINE OF LOT 30 OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY LINES OF LOTS 30 AND 31 OF SAID TRACT NO. 21351, NORTH 38° 45' 35" EAST 12.96 FEET AND SOUTH 82° 27' 27" EAST 287.38 FEET TO THE SOUTHWEST CORNER OF LOT 47 OF SAID TRACT NO. 21351; THENCE ALONG THE WESTERLY LINE OF SAID LOT 47, NORTH 17° 03' 54'' EAST 67.34 FEET TO THE SOUTHWEST CORNER OF LOT 14 OF TRACT NO. 24530, AS PER MAP RECORDED IN BOOK 666 PAGES I AND 2 OF MAPS, RECORDS OF SAID COUNTY: THENCE ALONG THE BOUNDARY LINES OF SAID LAST MENTIONED TRACT. NORTH 37° 50' 19" WEST 179.78 FEET AND NORTH 29° 47' 28" EAST 110 FEET TO SOUTHWESTERLY LINE OF MONTEMALAGA DRIVE. 80 FEET WIDE. AS SHOWN ON SAID MAP OF TRACT NO. 19683; THENCE NORTHWESTERLY ALONG SAID MONTEMALAGA DRIVE, TO TRUE POINT OF BEGINNING. 2-39 EXHIBIT-B 9of15 October 15. 2013 EXCEPTING FROM ALL OF THE ABOVE "SOUTHERN PARCEL" THAT PORTION LYING NORTHWEST OF THE FOLLO\VING DESCRIBED LINE. Commencing at a found spike and washer stamped "LS54 l l '' shown on County field book PWFB-0317 Page 682-683 marking the center of the cul-de-sac at the north end of Grayslake Road shown on Tract No. 21353 recorded in Book 648 of Maps Page 48-50 Los Angeles County Records. Thence North 66°39'06'' East 45.00 to the northeast line of Grayslake Road being the south-vvest line of a parcel labeled ·'Future Street" on said Tract No. 21353. Thence North 51°49'00'' East 136.59 feet to a point on the northeast line of said ·'Future Street" that bears South 47°01 '26'' East 3.53 feet from the centerline of said Future Street as shown on said Tract No. 21353 and on Tract No. 21354 recorded in Book 647 of Maps Page 44-47, from which a magnetic nail and 1.5" brass washer stamped "McGee Surveying PLS3945" bears South 44°40' East 10.06 feet, and the Point of Beginning of the Boundary Line to be herein described. Thence North 47°15' 12" East 67.17 feet to a set 1" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945''. Thence North 42°41 '37" East 152.64 feet to a set l" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North 25°04'26" East 72.44 feet to a set 1" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North 44°20'51" East 49.97 feet Thence North 27°37'32" East 66.71 feet Thence North 26°29'22" West 45.30 feet Thence North 18°40'18" West 64.33 feet Thence North 47°25'39" East 6.60 feet to a set 1" x 36" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence South 66°35' 18" East 69.03 feet Thence South 37°28'3 I" East 32.55 feet to a set l" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North '39" East 51.07 Thence North 15°31'15" East 30.12 feet 2-40 EXHIBIT-B 10of15 October 15. 2013 Thence North 04°02'30" East 68.64 to a set 1" x 30'' Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North 68°51'1 ff' East 50.18 feet Thence North 85°34'42" East 44.49 feet to the point that the bears South 30°56'36" West 11.98 feet from a found lead and nail in the top of curb on the south side of Montemalaga Drive shown in LA County field book PWFB-0317 Page said lead and nail bears South 17'34" East 58. 78 feet from a found spike and washer marking the intersection of the center of Grayslake Road and the centerline semi-tangent of Montemalaga Drive as shown on Tract No. 19683 recorded in Book 658 Maps Page 9-12 and in LA County field book RDFB-0317 Page 281-282. Thence North 30°56'36" East 4.46 feet to the south line of Montemalaga Drive. being a point on a curve with a radius 1120 feet and 40 feet south of the centerline of Montemalaga Drive as shown on Tract No. 19683 recorded in Book 658 of Maps Page 9-12. SURVEYOR'S STATEMENT: This description was prepared October 12, 20 I 3 at the request of the City of Rancho Palos Verdes and is based on a field survey and compiled from information shown in Title Report No. NCS-480162-SAC4 issued by First American Title dated April 11, 2012. Michael R. McGee, PLS3945 2-41 IXlllBIT-B Pan::al to be reta.ned by Angelaa. LLC 8.922.Aaas l I of 15 October l 5. 20 l 3 I I EXHIBIT MAP ofa Lot Line AdJuatment for City of Randle Palos Verdee APN 7576-002-0091 7578-003-001 Los Angeles County California Prapared 10/12/2013 by Mlchaal McGee. PLS3945 McGee Surveying Consulting 2-42 EXHIBIT-B 12of15 October 15. 2013 "MOSSBANK DRIVE PARCEL" Description Described below and shown on the following Assessor's Map THAT REAL PROPERTY IN THE CITY OF RANCHO PALOS VERDES IN THE COUNTY OF LOS ANGELES. STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: PARCEL l: (PORTION OF APN 7578-003-006) THAT PORTION OF LOT "H" OF THE RANCHOS LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN 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 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 INTERSECTION OF THE SOUTHWESTERLY LINE OF THE LAND DESCRIBED IN PARCEL 1 OF DEED RECORDED ON JUNE 15. 1956 AS DOCUMENT NO. 2360, IN BOOK 51464 PAGE 380 OF OFFICIAL RECORDS. IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, WITH THE NORTHERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED ON DECEMBER 10. 1957 AS DOCUMENT NO. 1667, IN BOOK 56217 PAGE 198 OF SAID OFFICIAL RECORDS; THENCE ALONG THE NORTHERLY AND NORTHEASTERLY LINES OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED NORTH 86° 58' 40" WEST 24.94 FEET, SOUTHWESTERLY ALONG A TANGENT CURVE CONCA VE SOUTHEASTERLY. HA YING A RADIUS OF 430 FEET THROUGH A CENTRAL ANGLE OF 24° 44' 03". AN ARC DISTANCE OF 185.63 FEET.WESTERLY AND NORTHWESTERLY ALONG A REVERSE CURVE THEREIN CONCAVE NORTHERLY, HAVING A RADIUS OF 210 FEET THROUGH A CENTRAL ANGLE OF 69° 35' 01" AN ARC DlSTANCE OF 255.04 FEET: TANGENT TO SAID LAST MENTIONED CURVE NORTH 42° 07' 42" WEST 500.20 FEET: NORTHWESTERLY ALONG AT ANGENT CURVE THEREIN CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 450 FEET THROUGH A CENTRAL ANGLE OF 37° 16' 48", AN ARC DlSTANCE OF 292.80 FEET: THENCE TO SAID LAST MENTIONED CURVE NORTH 79° 24' 30" WEST 17.34 FEET AND SOUTH 19° 06' 50" EAST 69.66 FEET TO THE NORTHEASTERLY LINE OF TRACT NO. 24423, AS PER MAP RECORDED IN BOOK 643, PAGE(S) 10 TO 13 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. AND ALONG THE BOUNDARY LINES OF TRA.CT NO. 2220, AS PER MAP RECORDED IN BOOK 639 PAGES 19 TO INCLUSIVE OF MAPS, RECORDS OF SAID COlJNTY. SOUTHEASTERLY ALONG ANON-TANGENT CURVE THEREIN CONCA VE SOUTHWESTERLY. HAVING A RADIUS OF 390 THROUGH CENTRAL OF 48' 1 . AN ARC LENGTH OF 236.90 FEET AND TO SAID LAST MENTIONED CURVE SOUTH 07' EAST 199.62 FEET TO THE WESTERLY OF THE LAND DESCRIBED SAID DEED RECORDED IN BOOK 56217 PAGE 198 OF 2-43 EXHIBIT-B 13of15 October 15. 2013 SAID OFFICIAL RECORDS: THENCE ALONG THE BOUNDARY LINES OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED, SOUTH 83° 09' 26" EAST 32.09 FEET: THENCE SOUTH 56° 01' 24'' EAST 110.94 SOUTH 42° 56' EAST 98.35 SOUTH 44' 28" EAST 1 FEET; SOUTH I 00' 50" WEST 113 FEET; SOUTH l 25' 27" WEST I . NORTH 00' 00" EAST 311.18 TO THE BEGINNING OF A NONTANGENT CURVE CONCAVE NORTHERLY AND HAVING RADIUS OF 270 FEET. A RADIAL LINE OF SAID LAST MENTIONED CURVE BEARS SOUTH 11 20' WEST; EASTERLY ALONG SAID LAST MENTIONED CURVE THROUGH A CENTRAL ANGLE OF 03' 28", AN ARC DISTANCE OF 1 .78 FEET: EASTERLY ALONG A REVERSE CURVE CONCAVE SOUTHERLY AND HAVING A RADIUS OF 370 FEET THROUGH A CENTRAL ANGLE OF 24° 44' 03", AN ARC DISTANCE OF 159.73 FEET: TANGENT TO SAID LAST MENTIONED CURVE SOUTH 86° 58' 40" EAST 79.64 FEET AND NORTH 39° 19' 50" WEST 81.19 FEET TO THE POINT OF BEGINNING. PARCEL (PORTION OF APN 7578-003-006) THAT PORTION OF LOT "H'' OF THE RANCHOS LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN 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 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 INTERSECTION OF THAT PORTION OF THE NORTHERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED ON JUNE 29, 1955 AS DOCUMENT NO. 2487, IN BOOK 48207 PAGE 182 OF OFFICIAL RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS HAVING A BEARING AND DISTANCE OF "SOUTH 83° 09' 26" EAST 125.90 FEET', WITH THAT PORTION OF THE NORTHEASTERLY LINE OF TRACT NO. 22200, AS PER MAP RECORDED IN BOOK 639 PAGES 19 TO 23 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY, SHOWN ON SAID MAP AS HAVING A BEARING AND DISTANCE OF NORTH 42° 07' 42" WEST 384.09 FEET": THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 22200, SOUTH 42° 07' 42" EAST 300.58 FEET AND SOUTHEASTERLY ALONG A TANGENT CURVE CONCAVE NORTHEASTERLY, HAVING A RADIUS OF 270 FEET, AN ARC DISTANCE OF 78.28 FEET TO THE NORTHEASTERLY LINE OF THE LAND DESCRIBED IN SAID DEED, RECORDED IN BOOK 48207 PAGE 182 OF SAID OFFICIAL RECORDS; THENCE ALONG THE BOUNDARY LINES OF THE LAND DESCRIBED IN SAID DEED, NORTH 44' 28" WEST 152.32 FEET; NORTH 42° 56' 24" WEST 98.35 FEET; NORTH 56° 01' 24" WEST 110.94 FEET; AND NORTH 83° 09' 26" WEST 32.09 FEET TO THE POINT OF BEGINNING. PARCEL 3: (PORTION OF APN 7578-003-006) THAT PORTION OF LOT "H" OF THE RANCHOS LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION ACTION "BIXBY, ET AL, VS. BENT, 2-44 EXHIBIT-B 14of15 October 15. 2013 ET AL" CASE NO. IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STA TE. IN AND FOR SAID COUNTY OF LOS ANGELES. AND ENTERED IN BOOK 4 PAGE 57 OF JUDGMENTS. IN THE SUPERIOR COURT OF SAID COUNTY, AND THAT PORTION OF TRACT NO. 21351. SAJD COUNTY AND ST A TE. AS PER MAP RECORDED IN BOOK 598 PAGE(S) TO 38 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. DESCRIBED AS A WHOLE AS FOLLOWS: BEGINNING AT THE MOST WESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL 1 OF THE DEED RECORDED ON JUNE 15, 1956 AS DOCUMENT NO. 2360, IN BOOK 51464 PAGE 380 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY OF SAID LAND, SOUTH 39° 19' 50'' EAST 1,044.82 FEET TO A POINT IN THE NORTHWESTERLY LINE OF LOT 138 OF TRACT 21350, AS SHOWN ON MAP RECORDED IN BOOK 599 PAGES 90 TO 95 INCLUSIVE OF MAPS. RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT, NORTH 50° 26' 52" EAST 15.75 FEET AND NORTH 33° 05' 48" WEST 390.13 FEET TO THE MOST WESTERLY CORNER OF LOT 130 OF SAID TRACT NO. 21350, BEING ALSO THE MOST SOUTHERLY CORNER OF LOT 1 OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 21351, NORTfl 31° 37' 40" WEST 249.38 FEET TO A POINT IN THE CURVED SOUTHERLY LINE OF MOSSBANK DRIVE. AS SHOWN ON SAID TRACT NO. 21351, BEING A CURVE CONCAVE TO THE NORTH AND HAVING A RADIUS OF 185.00 FEET, THE RADIAL LINE TO SAID LAST MENTIONED POINT BEARS SOUTH 19° 08' 27" EAST WESTERLY ALONG SAID CURVE 26.10 FEET AND NORTH 31° 37' 40" WEST 66.43 FEET TO A POINT IN THE CURVED NORTHERLY LINE OF SAID MOSSBANK DRIVE SAID NORTHERLY LINE BEING A CURVE CONCAVE TO THE NORTH AND HAVING A RADIUS OF 125.00 FEET, THE RADIAL LINE TO SAID LAST MENTIONED POINT BEARS SOUTH 0° 17' 44" EAST; THENCE EASTERLY ALONG SAID CURVE 16.92 FEET TO THE MOST SOUTHERLY OF LOT 5 OF SAID TRACT NO. 21351; THENCE ALONG THE SOUTHWESTERLY LINES OF LOTS 5 TO 11 INCLUSIVE OF SAID TRACT NO. 21351. NORTH 31° 37' 40" WEST 489.17 FEET TO THE SOUTHWESTERLY CORNER OF LOT 12 OF SAID TRACT NO. 21351; THENCE ALONG THE WESTERLY LINE OF SAID LOT 12, NORTH 4° 33' 01" WEST 50.23 FEET TO THE INTERSECTION WITH THE WESTERLY LINE OF SAID LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 51464 PAGE 380 OF SAID OFFICIAL RECORDS; THENCE SOUTH 5° 55' 42" WEST ALONG SAID LAST MENTIONED WESTERLY LINE 259.95 FEET TO THE POINT OF BEGINNING. SURVEYOR'S ST A TEMENT: This description was prepared October 10, 2013 at the request of the City of Rancho Palos Verdes and is compiled from information shown in Title Report No. NCS-480162-SAC4 issued by First American Title dated April 11, 2012. Michael R. McGee. PLS3945 2-45 EXHIBIT-B 15of15 October 15. 2013 ' t AM 1-1 --·-·~-·----------- 2-46 DRAFT EXHIBIT "C" DESCRIPTION OF LAND TO BE RETAINED BY SELLER R6876-000J \l 653245v3.doc 2-47 EXHIBIT-C I of!\ October 15. 2013 EXHIBIT-C DESCRIPTION OF THE LANDS TO BE RETAINED BY ANGELES, LLC Described below and shown on the following Exhibit Map That Real Property in the City of Rancho Palos Verdes in the County of Los Angeles, State of California. more particularly described as follows: "SOUTHERN PARCEL" DESCRIPTION PARCEL 1: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL" CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE 57 OF JUDGMENTS, IN THE SUPERIOR COURT OF SAlD COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST NORTHERLY CORNER OF LOT 4 OF TRACT NO. 21354, AS SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG THE EASTERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 21337 PAGE 33 OF OFFICIAL RECORDS OF SAID COUNTY, NORTH 13° 59' 22" EAST 113.38 FEET; THENCE LEA VINO SAID EASTERLY LINE, SOUTH 71 ° 58' 05" EAST TO THE NORTHERLY BOUNDARY LINE OF SAID TRACT NO. 21354; THENCE SOUTHWESTERLY AND WESTERLY ALONG SAID BOUNDARY LINE TO THE POINT OF BEGINNING. PARCEL 2: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL. VS. BENT, ET AL" CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COlJ'NTY OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING THE INTERSECTION OF THAT CERTAIN COURSE IN THE NORTHEASTERLY OF TRACT NO. 21354. SHO\\t'N ON MAP RECORDED BOOK 647 PAGES 45 TO INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY 2-48 EXHIBIT-C 2 of8 October l 5. 2013 RECORDER OF SAID COUNTY. AS HA YING A BEARING AND LENGTH OF NORTH 66° 29' " WEST WITH THAT CERTAIN COURSE IN THE NORTHERLY BOUNDARY OF THE LAND DESCRIBED RECORDED IN BOOK PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY. BEARING LENGTH OF SOUTH 71 57' EAST 547.58 FEET: TI-lENCE ALONG SAID LAST MENTION CERTAIN COURSE. SOUTH 71 58' 05" EAST 119.78 FEET TO THE EASTERLY TERMINUS THEREOF: THENCE CONTINUING ALONG THE BOUNDARY LINE OF LAND DESCRIBED IN SAID DEED, SOUTH I 47' 41" EAST 15.00 FEET TO SAID CERTAIN COURSE IN THE NORTHEASTERLY LINE OF TRACT NO. 21354: THENCE ALONG SAID NORTHEASTERLY LINE, NORTH 66° 29' 42" WEST 128.93 TO THE POINT OF BEGIJ\rNING. PARCEL 3: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE R,ANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN 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 OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE 57 OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY DESCRIBED AS FOLLOWS: BEGJNNING AT THE INTERSECTION OF THE SOUTHEASTERLY LINE OF TRACT NO. 21354, AS SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, WITH THAT CERTAIN COURSE IN THE EASTERLY BOUNDARY LINE OF THE LAND DESCRIBED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY, HAVING A BEARING AND LENGTH OF SOUTH 16° 47' 41" EAST 287.25 FEET; THENCE ALONG SAID CERTAIN COURSE, SOUTH 16° 47' 41" EAST TO THE SOUTHERLY TERMINUS THEREOF; THENCE CONTINUING ALONG THE BOUNDARY LINE OF THE LAND DESCRIBED IN SAID DEED SOUTH 53° 07' 56" EAST TO THE NORTHERLY BOUNDARY LINE OF TRACT NO. 21353, AS SHOWN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, IN SAID OFFICE OF THE COUNTY RECORDER; THENCE ALONG SAID LAST MENTIONED BOUNDARY LINK SOUTH 74° 56' 19" WEST TO AN ANGLE POINT THEREIN AND NORTH 47° 01' 26" WEST 30.00 FEET TO THE MOST EASTERLY CORNER OF THAT PORTION OF LOT 11 OF SAID TRACT NO. 21354 SHOWN ON MAP OF SAID LAST MENTIONED TRACT AS "FUTURE STREET": THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 21354 FOLLOWS: NORTH 47° 01' 26" WEST 30.00 FEET TO AN ANGLE POINT THEREIN AND NORTHEASTERLY ALONG THE SOUTHEASTERLY LINES OF LOTS 11, 10 AND 9 OF SAID TRACT NO. 21354, TO THE TRUE POINT OF BEGINNING. 2-49 EXHIBIT-C 3 of 8 October 15. 2013 PARCEL . (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES. ALLOTTED TO JOTHAM BIXBY BY OF PARTITION IN ACTION "BIXBY. VS AL." CASE NO. THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID ST A TE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY. DESCRIBED AS FOLLOWS: BEGINNING THE MOST SOUTHERLY CORNER OF LOT 63 OF TRACT NO. 21 AS SHOWN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS. IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG THE BOUNDARY LINE OF SAID TRACT NO. 21353, SOUTH 67° 36' 15" EAST TO THE EASTERLY BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE NORTHERLY.NORTHEASTERLY AND NORTHWESTERLY ALONG SAID EASTERLY BOUNDARY LINE TO THE EASTERLY BOUNDARY LINE OF SAID TRACT NO. 21353: THENCE SOUTHERLY AND SOUTH WESTERLY ALONG SAID LAST MENTIONED BOUNDARY LINE. TO THE POINT OF BEGINNING. PARCEL 5: (APN 7578-003-001) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS. BENT ET AL." CASE NO, 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STATE. IN AND FOR SAID 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 INTERSECTION OF THE SOUTHEASTERLY LINE OF TRACT NO. 21353, AS SHOW'N ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS. IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, WITH THAT CERTAIN COURSE IN THE BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY, HA YING A BEARING AND LENGTH OF NORTH 20° 32' 00" WEST 293.66 FEET; THENCE ALONG THE BOUNDARY LINES OF THE LAND DESCRIBED IN SAID DEED AS FOLLOWS: SOUTH 20° 00" EAST TO AN ANGLE POINT THEREIN: NORTH 61 05' 05" EAST 359.86 FEET D NORTH 41' or WEST TO SAID SOUTHEASTERLY OF TRACT NO. 21353: THENCE SOUTHWESTERLY ALONG SAID SOUTHEASTERLY TO THE POINT OF BEGINNING. 2-50 EXHIBIT-C 4 of8 October 15. 2013 PARCEL 6: (PORTION OF APN 7578-002-009) PORTION LOT "H" OF THE RANCHO PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION JN THE ACTION "BIXBY, VS. BENT, ET AL," CASE NO. IN DISTRICT COURT OF THE I 7TH JUDICIAL DISTRICT OF SAID STA TE OF CALIFORNIA. IN AND FOR THE COUNTY OF LOS ANGELES. AND ENTERED IN BOOK 4 PAGE OF JUDGMENTS. IN THE SUPERIOR COURT OF SAID COUNTY; AND THAT PORTION OF TRACT NO. 21353. IN SAID COUNTY AND ST A TE. AS PER MAP RECORDED IN BOOK 598 PAGES TO 38 INCLUSIVE OF MAPS, IN THE OFFICE OF THE RECORDER OF SAID COUNTY, DESCRIBED AS A WHOLE AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF THE LAND DESCRIBED IN THE DEED RECORDED ON AUGUST 25, 1955 AS DOCUMENT NO. 2058, IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE WESTERLY LINE OF THE LAND DESCRIBED IN SAID DEED, SOUTH 5° 55' 42" WEST 392.44 FEET TO THE ANGLE POINT IN THE WESTERLY LINE OF LOT 25 OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY OF SAID TRACT NO. 21351, NORTH 38° 45' 35" EAST 459.00 FEET TO A POlNT IN THE NORTHERLY LINE OF THE LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 48759 PAGE 246 OF SAID OFFICIAL RECORDS; THENCE NORTH 82° 31' 00" WEST ALONG SAID NORTHERLY TO THE POINT OF BEGINNING. PARCEL 7: (PORTION OF APN 7578-002-009 AND ALL OF APN 7578-002-010) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS. BENT. ET AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID ST A TE. IN AND FOR SAID 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 NORTHWESTERLY TERMINUS OF THAT CERTAIN SOUTHWESTERLY LINE OF MONTEMALAGA DRIVE, 80 FEET WIDE, SHO\VN AS HAVING A BEARING AND LENGTH OF NORTH 62° 59' 45" WEST 1.169.50 FEET ON THE MAP OF TRACT NO. 19683, RECORDED IN BOOK 658 PAGES 9 TO 12 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY: THENCE ALONG SAID CERTAIN SOUTHWESTERLY LINE, SOUTH 62° 59' 45" EAST 481.00 FEET TO THE TRUE POINT OF BEGI"N'NING; THENCE SOUTH 00' 15" WEST 401.36 FEET TO A POINT ON THE EASTERLY LINE OF THE LAND DESCRIBED IN THE DEED RECORDED IN BOOK 21337 PAGE OF OFFICIAL RECORDS OF SAID COUNTY, THAT IS DISTANT THEREON SOUTH 1 WEST 127.00 FROM THE NORTHEASTERLY CORNER THEREOF; ALONG SAID EASTERLY SOUTH 1 59' WEST 10.08 FEET TO THE MOST NORTHERLY CORNER OF THE LAND DESCRIBED IN THE DEED TO ASH LAND CO., ET RECORDED IN BOOK 2-51 EXlllBIT-C 5 of8 October 15. 2013 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY: THENCE ALONG THE NORTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED SOUTH 71 58' 05" EAST 339.02 FEET TO THE NORTHWESTERLY LINE OF LOT 7 OF TRACT NO. 21 AS PER MAP RECORDED IN BOOK 647 PAGES TO INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY OF SAID TRACT NO. 21354, NORTH 31' 05" EAST 14.04 FEET AND SOUTH 29' 42" EAST 76.96 FEET TO THE NORTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., THENCE ALONG BOUNDARY OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED SOUTH 71° 58' 05" EAST 119.78 FEET AND SOUTH 16° 49" EAST 15 FEET TO THE NORTHERLY LINE OF LOT 9, SOUTH 66° 29' 42" EAST 37.93 FEET TO THE BEGINNING OF A NON-TANGENT CURVE THEREIN CONCAVE WESTERLY AND HAVING A RADIUS OF 120 FEET, RADIAL LINE TO THE BEGINNING OF SAID CURVE BEARS NORTH 53° 18' 52" EAST; THENCE SOUTHERLY ALONG SAID CURVE IN THE BOUNDARY OF SAID LOT 9. AN ARC DISTANCE OF 137.21 FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO .. ET AL: THENCE ALONG SAID LAST MENTIONED BOUNDARY SOUTH 16° 47' 49" EAST 121.11 FEET AND SOUTH 53° 07'56" EAST 81.20 FEET TO THE NORTHERLY LINE OF LOT 69 OF TRACT NO. 21353, AS PER MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE NORTHERLY AND EASTERLY LINES OF SAID LAST MENTIONED LOT, NORTH 73° 56' 19" EAST 54.24 FEET AND SOUTH 3° 42' 12" EAST 88.16 FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL; THENCE ALONG SAID LAST MENTIONED BOUNDARY SOUTH 15° 56' 51" EAST 105.46 FEET; SOUTH 30° 23' 51" WEST 161.47 FEET AND SOUTH 15° 29' 01" WEST 353.28 FEET TO THE NORTHEASTERLY LINE OF LOT 62 OF SAID TRACT 21353; THENCE ALONG THE BOUNDARY OF SAID LAST MENTIONED LOT, SOUTH 67° 36' 15" EAST 32.42 FEET; THENCE SOUTH 16° 41' 31" EAST 113.12 FEET AND SOUTH 33° 51' 14" WEST 117.69 FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL; THENCE ALONG SAID MENTIONED BOUNDARY, SOUTH 22° 41' 15" EAST 285.96 FEET; THENCE LEAVING SAID LAST MENTIONED BOUNDARY, NORTH 89° 34' 23" EAST ALONG A LINE THAT WOULD PASS THROUGH THE SOUTHWESTERLY CORNER OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY, A DISTANCE OF 116.22 FEET TO THE WESTERLY LINE OF LOT 15 OF TRACT NO. 21351, AS PER MAP RECORDED IN BOOK 598 PAGES 32 TO 38 INCLUSIVE OF MAPS,RECORDS OF SAID COUNTY; THENCE ALONG THE WESTERLY LINES OF LOTS 15, 16 AND 17 OF SAID TRACT NO. 21351. NORTH 9° 48' 07'' EAST 79.54 AND NORTH 16° 08' IS" EAST 75.95 FEET TO THE MOST NORTHERLY CORNER OF SAID LOT 17; THENCE ALONG THE WESTERLY LINE OF LOT 18 AND ITS NORTHERLY PROLONGATION OF LAST MENTIONED TRACT. BEING ALSO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY; NORTH " EAST 845 FEET TO AN ANGLE POINT IN SAID LAST BOUNDARY; THENCE ALONG SAID LAST MENTIONED BOUNDARY, SOUTH 31' 00" EAST 248.95 FEET TO THE NORTHWESTERLY LINE OF LOT 30 OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY LINES OF LOTS 30 AND 2-52 EXlllRIT-(. 6 of 8 October 15. 2013 31 OF SAID TRACT NO. 21351. NORTH 38° 45' 35" EAST 1 AND SOUTH EAST 287.38 FEET TO SOUTHWEST CORNER OF LOT OF SAID TRACT NO. 21351: THENCE ALONG THE WESTERLY LINE OF SAID LOT NORTH l 03' 54" EAST FEET TO SOUTHWEST CORNER OF LOT 14 TRACT NO. 24530, AS PER MAP RECORDED IN BOOK 666 PAGES l AND 2 OF MAPS, RECORDS OF SAID COUNTY: THENCE ALONG THE BOUNDARY LINES OF SAID LAST MENTIONED TRACT. NORTH 50' 19" WEST 1 FEET AND NORTH 28" EAST 110 TO THE SOUTHWESTERL y LINE OF rvtONTEMALAGA DRIVE. 80 FEET WIDE, AS SHOWN ON SAID MAP OF TRACT NO. 19683: THENCE NORTHWESTERLY ALONG SAID MONTEMALAGA DRIVE, TO THE TRUE POINT OF BEGINNING. EXCEPTING FROM ALL OF THE ABOVE "SOUTHERN PARCEL" THAT PORTION LYING SOUTHEAST OF THE FOLLOWING DESCRIBED LINE Commencing at a found spike and washer stamped "LS54 l l" shmvn on LA County field book PWFB-0317 Page 682-683 marking the center of the cul-de-sac at the north end of Grayslake Road shown on Tract No. 21353 recorded in Book 648 of Maps Page 48-50 Los Angeles County Records. Thence North 66°39'06" East 45.00 feet to the northeast line of Grayslake Road being the southwest line of a parcel labeled "Future Street" on said Tract No. 21353. Thence North 51°49'00" East 136.59 feet to a point on the northeast line of said "Future Street" that bears South 47°01 '26" East 3.53 feet from the centerline of said Future Street as shown on said Tract No. 21353 and on Tract No. 21354 recorded in Book 647 of Maps Page 44-47, from which a magnetic nail and 1.5" brass washer stamped "McGee Surveying PLS3945" bears South 44 °40' East 10.06 feet, and the Point of Beginning of the Boundary Line to be herein described. Thence North 47°15' 12" East 67.17 feet to a set l" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North 42°41 '37" East 152.64 feet to a set 1" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North 25°04'26" East 72.44 feet to a set 1" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North 44°20'5 l" East 49.97 feet Thence North 27°37'32'' East 66.71 feet Thence North West 45.30 Thence North 18°40' 18" West 64.33 feet 2-53 EXHIBIT-C 7 of8 October 15. 2013 Thence North '39" East 6.60 feet to a set I" x 36" Galvanized Iron Pipe with a 2 inch aluminum cap stamped Surveying PLS3945". Thence South '18" 69.03 Thence South l" East 32.55 feet to a set 1" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped ''McGee Surveying PLS3945". Thence North 06°22'39" East 51.07 feet Thence North I 1' 1 East 30.12 feet Thence North 04°02'30 .. East 68.64 feet to a set 1" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945''. Thence North 68°51' 1 O" East 50.18 feet Thence North 85°34'42" East 44.49 feet to the point that the bears South 30°56'36" West 11.98 feet from a found lead and nail in the top of curb on the south side of Montemalaga Drive shown in LA County field book PWFB-0317 Page 763, said lead and nail bears South 26°17'34" East 58. 78 feet from a found spike and washer marking the intersection of the center of Grayslake Road and the centerline semi-tangent of Montemalaga Drive as shown on Tract No. 19683 recorded in Book 658 Maps Page 9-12 and in LA County field book RDFB-0317 Page 281-282. Thence North 30°56'36" East 4.46 feet to the south line of Montemalaga Drive, being a point on a curve with a radius 1120 feet and 40 feet south of the centerline of Montemalaga Drive as shown on Tract No. 19683 recorded in Book 658 of Maps Page 9-12. SURVEYOR'S STATEMENT: This description was prepared October 1 I, 2013 at the request of the City of Rancho Palos Verdes and is based on a field survey and compiled from information shown in Title Repoti No. NCS-480 l 62-SAC4 issued by First American Title dated April 11, 20 l 2. Michael R. McGee, PLS3945 2-54 EXHIBIT-C Tr-Yoteru PC Page 8 of8 Parcel to be retai1ed by Angaln, LLC 8.922Aaas October 15, 2013 I I EXHIBIT MAP ofa Lot Line AdJua1ment for City o1 Rancho Palos Verdee APN 7573-002-009, 7578-003-001 Loa Angeles County California Praparac:l 10/12f.2:013 by Mlchaal McGee, PLS3945 McGee Surveying Consultlng 2-55 R6876-000 l \l 653245v3.doc EXHIBIT ''D" FORM OF GRANT DEED (Attached.) 2-56 RECORDING REQUESTED BY, AND WHEN RECORDED RETURN TO (AND MAIL TAX STATEMENTS TO): City of Rancho Palos Verdes 30940 Hawthorne Blvd. Rancho Palos Verdes, CA 90275 [SPACE ABOVE FOR RECORDER'S USE ONLY] This document is exempt from the payment of a recording fee pursuant to Government Code Section 27383 Exempt from Documentary Transfer Tax; conveyance to a public entity. GRANT DEED FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, ANGELES, LLC, a Nevada limited liability company (the "Grantor'') hereby grants to the CITY OF RANCHO PALOS VERDES ("Grantee") the land in the City of Rancho Palos Verdes, County of Los Angeles, State of California, more particularly described on Exhibit A attached hereto and all improvements thereon (the "Property"). IN WITNESS WHEREOF, Grantor has executed this Grant Deed as of the date set forth below. Dated: , 2013 -----ANGELES, LLC, a Nevada limited liability company R6876-0001\l653245v3.doc 2-57 State of California County of Los Angeles ) ) (insert name and title of the officer) 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\:vhich the person(s) acted, executed the instrument. I certify under PENAL TY 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 _______________ _ State of California County of Los Angeles ) ) (Seal) On ____________ , before me,---------------- (insert name and title of the ot1icer) 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 PENAL TY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. (Seal) R6876-000 I\ I 653245v 3.doc 2-58 EXHIBIT ''A" TO ORA.NT DEED (Attached.) R6876-000I \I 653245v3.doc 2-59 Page I of 15 October 15. 2013 DESCRIPTION OF THE LANDS TO BE ACQUIRED BY THE CITY OF RANCHO PALOS VERSDES FROM ANGELES, LLC That Real Property in the City of Rancho Palos Verdes in the County of Los Angeles, State of California, more particularly described as follows: "NORTHERN PARCEL" DESCRIPTION APN 7 546-022-022 Described below and shown on the following Map THAT REAL PROPERTY IN THE CITY OF RANCHO PA.LOS VERDES IN THE COUNTY OF LOS ANGELES, STATE OF CAUFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS. BENT, ET AL." CASE NO. 2373 IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID ST A TE/ IN AND FOR SAID 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 LOT 42 OF TRACT NO. 21169, AS SHOWN ON MAP RECORDED IN BOOK 574 PAGES 21TO26 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, BEING ALSO THE MOST EASTERLY CORNER OF THE MONTEMALAGA DRIVE, 80 FEET WIDE, AS SHOWN ON THE MAP OF TRACT NO. 19683, RECORDED IN BOOK 658 PAGES 9 TO 12 INCLUSIVE OF MAPS, IN SAID OFFICE OF THE COUNTY RECORDER; THENCE NORTHWESTERLY ALONG SAID MONTEMALAGA DRIVE, BEING A CURVE CONCAVE NORTHEASTERLY, HAVING A RADIUS OF 1,550 FEET, AN ARC DISTANCE OF 332.89 FEET AND NORTH 51° 09' 56" WEST 70.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 38° 50' 04" EAST 57.00 FEET: THENCE NORTH 62° 00' 00" EAST 180.00 FEET; THENCE NORTH. 30' 00" EAST 105.00 FEET: THENCE NORTH 55° 04' 07" EAST 112.57 FEET, THENCE SOUTH 86° 18' 00" EAST 35.00 FEET TO AN ANGLE POINT IN THE WESTERLY LINE OF THE SAID TRACT NO. 21169; THENCE ALONG SAID WESTERLY LINE, NORTH 34° 04' 59" EAST 651.79 FEET; NORTH 9° 57' 02" WEST 2-60 EXHIBIT-B Page 2of15 October 15. 2013 548.29 FEET; THENCE NORTH 21° 46' 27" WEST 242.33 FEET AND NORTH 0° 0 I' 38" EAST 115.00 FEET TO THE NORTHWESTERLY CORNER OF LOT 70 OF SAID TRACT NO. 21169; THENCE ALONG THE SOUTHERLY AND WESTERLY LINES OF THE LAND DESCRIBED IN THE DEED TO MILTON S. ROTH. RECORDED ON JULY 27. 1962 AS INSTRUMENT NO. 110 IN BOOK D-1699 PAGE 427 OFFICIAL RECORDS OF SAID COUNTY. AS FOLLOWS: NORTH 86° 11' 03" WEST 140.00 FEET AND NORTH 0° 02' 22" WEST 243.96 FEET TO THE SOUTHERLY LINE OF THE LAND DESCRIBED IN THE DEED TO ABRAM C. PATTERSON AND WIFE. RECORDED IN BOOK 20814 PAGE 319 OF SAID OFFICIAL RECORDS; THENCE ALONG SAID SOUTHERLY LINE. SOUTH 89° 01' 24" WEST 199.46 FEET TO THE EASTERLY LINE OF THE LAND DESCRIBED IN DEED TO WILLIAM H. PAIN AND WIFE, RECORDED IN BOOK 25783 PAGE 181 OF SAID OFFICIAL RECORDS; THENCE ALONG SAID EASTERLY LINE SOUTH 10° 15' 02" EAST 275.24 FEET TO THE EASTERLY PROLONGATION OF THE NORTHERLY LINE OF LOT 38 OF SAID TRACT NO. 19683; THENCE ALONG SAID PROLONGATION NORTH 87° 03' 07" WEST 228.57 FEET TO THE NORTHEASTERLY CORNER OF SAID LOT 38; THENCE ALONG THE BOUNDARY LINES OF THE SAID TRACT NO. 19583, SOUTH 5° 28' IO" EAST 539.42 FEET; SOUTH 1° 48' 40" WEST 575.87 FEET; SOUTH 28° 09' 36" WEST 158.82 FEET AND SOUTH 32° 19' 46" WEST 340.62 FEET TO A POINT IN THE NORTHEASTERLY LINE OF SAID MONTEMALAGA DRIVE; THENCE SOUTHEASTERLY ALONG SAID MONTEMALAGA DRIVE TO THE TRUE POINT OF BEGINNING. EXCEPTING THEREFROM THAT PORTION DESCRIBED AS FOLLOWS Beginning at the northwesterly comer of said Lot 65; thence northerly along the westerly line of Lot 66 of said Tract No. 21169 a distance of 17.00 feet; thence westerly along a line perpendicular with the westerly line of said Lot 66 a distance of 50.00 feet; thence southerly along a line parallel with the westerly line of said Lots 65 and 66 a distance of 100.00 feet; thence easterly along a line perpendicular with the westerly line of said Lot 65 a distance of 50 feet to a point of intersection with the westerly line of Lot 64 of said Tract No. 21169; thence northerly along the westerly line of said Lots 64 and 65 to the Point of Beginning. SURVEYOR'S ST A TEMENT: This description was prepared October 10, 2013 at the request of the City of Rancho Palos Verdes and is compiled from information shown in Title Report No. NCS-480162-SAC4 issued by First American Title dated April 11, 2012. Michael R. McGee. PLS3945 2-61 EXlllBIT-B Page 3of15 October 15. 2013 Northern Parcel PROPPSEJ ! U~lF LOT /\FiEAS: '..OT E5 EXISTl!,lG /,590 Sr pr,RCEl_ A PROPOSED ,~ 12.590 SF. PCPTIO"l 2,t txlSTING = 20.9$ ''CRF:S °CRTiON 8 PROPOSE;:) = 20.86 /,CRES 2-62 EXHIBIT-B Page 4 of 15 October 15. 2013 "SOUTHERN PARCEL" DESCRIPTION Described below and shown on the following Exhibit Map PARCEL I: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES. ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY. ET AL" CASE NO. 2373. IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES. AND ENTERED IN BOOK 4 PAGE 57 OF JUDGMENTS. IN THE SUPERIOR COURT OF SAID COUNTY. DESCRlBED AS FOLLOWS: BEGINNING AT THE MOST NORTHERLY CORNER OF LOT 4 OF TRACT NO. 21354, AS SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG THE EASTERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 21337 PAGE 33 OF OFFICIAL RECORDS OF SAID COUNTY, NORTH 13° 59' 22" EAST 113.38 FEET; THENCE LEAVING SAID EASTERLY LINE. SOUTH 71 ° 58' 05" EAST TO THE NORTHERLY BOUNDARY LINE OF SAID TRACT NO. 21354; THENCE SOUTHWESTERLY AND WESTERLY ALONG SAID BOUNDARY LINE TO THE POINT OF BEGINNING. PARCEL 2: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS. BENT, ET AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID ST A TE, IN AND FOR SAID 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 INTERSECTION OF THAT CERTAIN COURSE IN THE NORTHEASTERLY LINE OF TRACT NO. 21354, SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, AS HAVING A BEARING AND LENGTH OF NORTH 66° 29' 42" WEST 243.82 FEET, WITH THAT CERTAIN COURSE IN THE NORTHERLY BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY, HAVING A BEARING AND LENGTH OF SOUTH 71 57' 57" EAST 547.58 FEET; THENCE ALONG SAID LAST MENTION CERTAIN COURSE, SOUTH 71° 58' 05" EAST 119.78 FEET TO THE EASTERLY TERMINUS THEREOF; THENCE CONTINUING ALONG THE BOUNDARY LINE OF THE LAND DESCRIBED IN SAID DEED, SOUTH 16° 47' 41" EAST 15.00 FEET TO SAID CERTAIN COURSE IN THE NORTHEASTERLY LINE OF TRACT NO. 21354; 2-63 IXHIBIT-B Page 5 of 15 October 15. 2013 THENCE ALONG SAID NORTHEASTERLY LINE. NORTH 66° 29' 42" WEST 128.93 FEET TO THE POINT OF BEGINNING. PARCEL 3: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN 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 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 INTERSECTION OF THE SOUTHEASTERLY LINE OF TRACT NO. 21354, AS SHOWN ON MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, WITH THAT CERTAIN COURSE IN THE EASTERLY BOUNDARY LINE OF THE LAND DESCRIBED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY, HAVING A BEARING AND LENGTH OF SOUTH 16° 47' 41" EAST 287.25 FEET; THENCE ALONG SAID CERTAIN COURSE, SOUTH 16° 47' 41" EAST TO THE SOUTHERLY TERMINUS THEREOF; THENCE CONTINUING ALONG THE BOUNDARY LINE OF THE LAND DESCRIBED IN SAID DEED SOUTH 53° 07' 56" EAST TO THE NORTHERLY BOUNDARY LINE OF TRACT NO. 21353, AS SHOWN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, IN SAID OFFICE OF THE COUNTY RECORDER; THENCE ALONG SAID LAST MENTIONED BOUNDARY LINE, SOUTH 74° 56' 19" WEST TO AN ANGLE POINT THEREIN AND NORTH 47° 01' 26" WEST 30.00 FEET TO THE MOST EASTERLY CORNER OF THAT PORTION OF LOT 11 OF SAID TRACT NO. 21354 SHOWN ON MAP OF SAID LAST MENTIONED TRACT AS "FUTURE STREET"; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 21354 FOLLOWS: NORTH 47° 01' 26" WEST 30.00 FEET TO AN ANGLE POINT THEREIN AND NORTHEASTERLY ALONG THE SOUTHEASTERLY LINES OF LOTS 11, I 0 AND 9 OF SAID TRACT NO. 21354, TO THE TRUE POINT OF BEGINNING. PARCEL 4: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS ET AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID ST A TE, IN AND FOR SAID 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 MOST SOUTHERLY CORNER OF LOT 63 OF TRACT NO. 21353, AS SHOWN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG 2-64 EXllIBIT-B Page 6of15 October 15. 2013 THE BOUNDARY LINE OF SAID TR,i\CT NO. 21353, SOUTH 67° 36' 15" EAST TO THE EASTERLY BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY: THENCE NORTHERLY.NORTHEASTERLY AND NORTHWESTERLY ALONG SAID EASTERLY BOUNDARY LINE TO THE EASTERLY BOUNDARY LINE OF SAID TR,i\CT NO. 21353: THENCE SOUTHERLY AND SOUTH WESTERLY ALONG SAID LAST MENTIONED BOUNDARY LINE, TO THE POINT OF BEGINNING. PARCEL 5: (APN 7578-003-001) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES. ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY. ET AL., VS. BENT ET AL." CASE NO, 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STA TE, IN AND FOR SAID 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 INTERSECTION OF THE SOUTHEASTERLY LINE OF TRACT NO. 21353, AS SHO\VN ON MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, WITH THAT CERTAIN COURSE IN THE BOUNDARY LINE OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY, HAVING A BEARING AND LENGTH OF NORTH 20° 32' 00" WEST 293.66 FEET; THENCE ALONG THE BOUNDARY LINES OF THE LAND DESCRIBED IN SAID DEED AS FOLLOWS: SOUTH 20° 32' 00" EAST TO AN ANGLE POINT THEREIN; NORTH 61° 05' 05" EAST 359.86 FEET AND NORTH 22° 41' OT WEST TO SAID SOUTHEASTERLY LINE OF TRACT NO. 21353; THENCE SOUTHWESTERLY ALONG SAID SOUTHEASTERLY LINE TO THE POINT OF BEGINNING. PARCEL 6: (PORTION OF APN 7578-002-009) THAT PORTION OF LOT "H" OF THE RANCHO PALOS VERDES. ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN THE ACTION "BIXBY, ET ALI VS. BENT. ET AL" CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STATE OF CALIFORNIA. IN AND FOR THE COUNTY OF LOS ANGELES. AND ENTERED IN BOOK 4 PAGE 57 OF JUDGMENTS. IN THE SUPERIOR COURT OF SAID COUNTY; AND THAT PORTION OF TRACT NO. 21353, IN SAID COUNTY AND STATE, AS PER MAP RECORDED IN BOOK 598 PAGES 32 TO 38 INCLUSIVE OF MAPS, IN THE OFFICE OF THE RECORDER OF SAID COUNTY, DESCRIBED AS A WHOLE AS FOLLOWS: 2-65 EXHIBIT-B Page 7of15 October 15. 20 l 3 BEGINNING AT THE NORTHWEST CORNER OF THE LAND DESCRIBED IN THE DEED RECORDED ON AUGUST 25, 1955 AS DOCUMENT NO. 2058, IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE WESTERLY LINE OF THE LAND DESCRIBED IN SAID DEED, SOUTH 5° 55' 42" WEST 392.44 FEET TO THE ANGLE POINT IN THE WESTERLY LINE OF LOT 25 OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY OF SAID TRACT NO. 21351, NORTH 38° 45' 35" EAST 459.00 FEET TO A POINT IN THE NORTHERLY LINE OF THE LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 48759 PAGE 246 OF SAID OFFICIAL RECORDS; THENCE NORTH 82° 31' 00" WEST ALONG SAID NORTHERLY TO THE POINT OF BEGINNING. PARCEL 7: (PORTION OF APN 7578-002-009 AND ALL OF APN 7578-002-010) THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS. BENT, ET AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID ST A TE. IN AND FOR SAID 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 NORTHWESTERLY TERMINUS OF THAT CERTAIN SOUTHWESTERLY LINE OF MONTEMALAGA DRIVE, 80 FEET WIDE. SHOWN AS HAVING A BEARING AND LENGTH OF NORTH 62° 59' 45" WEST 1,169.50 FEET ON THE MAP OF TRACT NO. 19683, RECORDED IN BOOK 658 PAGES 9 TO 12 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG SAID CERTAIN SOUTHWESTERLY LINE, SOUTH 62° 59' 45" EAST 481.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 27° 00' 15" WEST 401.36 FEET TO A POINT ON THE EASTERLY LINE OF THE LAND DESCRIBED IN THE DEED RECORDED IN BOOK 21337 PAGE 33 OF OFFICIAL RECORDS OF SAID COUNTY, THAT IS DISTANT THEREON SOUTH 13° 59' 22" WEST 127.00 FEET FROM THE NORTHEASTERLY CORNER THEREOF; THENCE ALONG SAID EASTERLY LINE SOUTH 13° 59' 22" WEST 10.08 FEET TO THE MOST NORTHERLY CORNER OF THE LAND DESCRIBED IN THE DEED TO ASH LAND CO., ET AL, RECORDED IN BOOK 48207 PAGE 166 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE NORTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED SOUTH 71° 58' 05" EAST 339.02 FEET TO THE NORTHWESTERLY LINE OF LOT 7 OF TRACT NO. 21354, AS PER MAP RECORDED IN BOOK 647 PAGES 45 TO 47 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY OF SAID TRACT NO. 21354. NORTH 76° 31' 05" EAST 14.04 FEET AND SOUTH 66° 29' 42" EAST 76.96 FEET TO THE NORTHEASTERLY BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL; THENCE ALONG THE BOUNDARY OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED SOUTH 71° 58' 05" EAST 119.78 FEET AND SOUTH 16° 47' 49" EAST 15 FEET TO THE NORTHERLY LINE OF LOT 9, SOUTH 66° 29' 42" EAST 37.93 FEET TO THE BEGINNING OF A NON-TANGENT CURVE THEREIN CONCAVE WESTERLY AND 2-66 EXfllBIT-B Page 8of15 October 15. 2013 HAVING A RADIUS OF 120 FEET. RADIAL LINE TO THE BEGINNING OF SAlD CURVE BEARS NORTH 53° 18' 52" EAST; THENCE SOUTHERLY ALONG SAID CURVE IN THE BOUNDARY OF SAID LOT 9, AN ARC DISTANCE OF 137.21 FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL: THENCE ALONG SAID LAST MENTIONED BOUNDARY SOUTH 16° 47' 49" EAST I 21.11 FEET AND SOUTH 07'56" EAST 81.20 FEET TO THE NORTHERLY LINE OF LOT 69 OF TRACT NO. 21353, AS PER MAP RECORDED IN BOOK 648 PAGES 48 TO 50 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE NORTHERLY AND EASTERLY LINES OF SAID LAST MENTIONED LOT. NORTH 73° 56' 19" EAST 54.24 FEET AND SOUTH 3° 42' 12" EAST 88.16 FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL; THENCE ALONG SAID LAST MENTIONED BOUNDARY SOUTH 15° 56' 51" EAST l 05.46 FEET; SOUTH 30° 23' 51" WEST 161.47 FEET AND SOUTH 15° 29' 01" WEST 353.28 FEET TO THE NORTHEASTERLY LINE OF LOT 62 OF SAID TRA.CT 21353; THENCE ALONG THE BOUNDARY OF SAID LAST MENTIONED LOT, SOUTH 67° 36' 15" EAST 32.42 FEET; THENCE SOUTH 16° 41' 31" EAST 113.12 FEET AND SOUTH 33° 51' 14" WEST 1l7.69FEET TO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED TO ASH LAND CO., ET AL; THENCE ALONG SAID MENTIONED BOUNDARY, SOUTH 22° 41' 15" EAST 285.96 FEET; THENCE LEAVING SAID LAST MENTIONED BOUNDARY, NORTH 89° 34' 23" EAST ALONG A LINE THAT WOULD PASS THROUGH THE SOUTHWESTERLY CORNER OF THE LAND DESCRIBED IN DEED RECORDED IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COlJNTY, A DISTANCE OF 116.22 FEET TO THE WESTERLY LINE OF LOT 15 OF TRACT NO. 21351, AS PER MAP RECORDED IN BOOK 598 PAGES 32 TO 38 INCLUSIVE OF MAPS,RECORDS OF SAID COUNTY; THENCE ALONG THE WESTERLY LINES OF LOTS 15, 16 AND 17 OF SAID TRACT NO. 21351, NORTH 9° 48' 07" EAST 79.54 FEET AND NORTH 16° 08' IS" EAST 75.95 FEET TO THE MOST NORTHERLY CORNER OF SAID LOT 17; THENCE ALONG THE WESTERLY LINE OF LOT 18 AND ITS NORTHERLY PROLONGATION OF LAST MENTIONED TRACT, BEING ALSO THE BOUNDARY OF THE LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 48759 PAGE 246 OF OFFICIAL RECORDS OF SAID COUNTY; NORTH 5° 55' 42" EAST 845.47 FEET TO AN ANGLE POINT IN SAID LAST MENTIONED BOUNDARY; THENCE ALONG SAID LAST MENTIONED BOUNDARY, SOUTH 82° 31' 00" EAST 248.95 FEET TO THE NORTHWESTERLY LINE OF LOT 30 OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY LINES OF LOTS 30 AND 31 OF SAID TRACT NO. 21351, NORTH 38° 45' 35" EAST 12.96 FEET AND SOUTH 82° 27' 27" EAST 287.38 FEET TO THE SOUTHWEST CORNER OF LOT 47 OF SAID TRACT NO. 21351; THENCE ALONG THE WESTERLY LINE OF SAID LOT 47, NORTH 17° 03' 54" EAST 67.34 FEET TO THE SOUTHWEST CORNER OF LOT 14 OF TRACT NO. 24530, AS PER MAP RECORDED IN BOOK 666 PAGES 1 AND 2 OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY LINES OF SAID LAST MENTIONED TRACT. NORTH 37° 50' 19" WEST 179.78 FEET AND NORTH 29° 47' 28" EAST 110 FEET TO THE SOUTHWESTERLY LINE OF MONTEMALAGA DRIVE, 80 FEET WIDE, AS SHOWN ON SAID MAP OF TRACT NO. 19683; THENCE NORTHWESTERLY ALONG SAID MONTEMALAGA DRIVE, TO THE TRUE POINT OF BEGINNING. 2-67 EXHIBIT-B Page 9 of 15 October 15. 2013 EXCEPTING FROM ALL OF THE ABOVE "SOUTHERN PARCEL" THAT PORTION LYING NORTHWEST OF THE FOLLO\VING DESCRIBED LINE. Commencing at a found spike and washer stamped "LS54 l l ''shown on LA County field book PWFB-0317 Page 682-683 marking the center of the cul-de-sac at the north end of Grayslake Road shown on Tract No. 21353 recorded in Book 648 of Maps Page 48-50 Los Angeles County Records. Thence North 66°39'06" East 45.00 feet to the northeast line of Grayslake Road being the southwest line of a parcel labeled '"Future Street" on said Tract No. 21353. Thence North 51°49'00" East 136.59 feet to a point on the northeast line of said "Future Streef' that bears South 47°01 '26" East 3.53 feet from the centerline of said Future Street as shown on said Tract No. 21353 and on Tract No. 21354 recorded in Book 647 of Maps Page 44-47, from which a magnetic nail and 1.5" brass washer stamped "McGee Surveying PLS3945" bears South 44°40' East 10.06 feet, and the Point of Beginning of the Boundary Line to be herein described. Thence North 47°15' 12" East 67 .1 7 feet to a set 1" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North 42°41 '37" East 152.64 feet to a set l" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North 25°04'26" East 72.44 feet to a set 1" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence North 44°20'5 l" East 49.97 feet Thence North 27°37'32" East 66.71 feet Thence North 26°29'22" West 45.30 feet Thence North 18°40' 18" West 64.33 feet Thence North 47°25'39" East 6.60 feet to a set 1" x 36" Galvanized Iron Pipe with a 2 inch aluminum cap stamped "McGee Surveying PLS3945". Thence South 66°35'18" East 69.03 feet Thence South 37°28'3 l" East 32.55 feet to a set l" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped ''McGee Surveying PLS3945''. Thence North 06°22'39" East 51.07 feet Thence North 15°31'15" East 30.12 feet 2-68 EXl!IBIT-B Page lO of 15 October 15. 2013 Thence North 04°02'30" East 68.64 feet to a set l" x 30" Galvanized Iron Pipe with a 2 inch aluminum cap stamped ''McGee Surveying PLS3945". Thence North 68°51' 1 ff' East 50.18 feet Thence North 85°34 '42" East 44.49 feet to the point that the bears South 30°56'36" West 11.98 feet from a found lead and nail in the top of curb on the south side of Montemalaga Drive shown in LA County field book PWFB-03 I 7 Page 763, said lead and nail bears South 26°1 T34" East 58. 78 feet from a found spike and washer marking the intersection of the center of Grayslake Road and the centerline semi-tangent of Montemalaga Drive as shown on Tract No. 19683 recorded in Book 658 Maps Page 9-12 and in LA County field book RDFB-0317 Page 281-282. Thence North 30°56'36" East 4.46 feet to the south line of Montemalaga Drive, being a point on a curve with a radius 1120 feet and 40 feet south of the centerline of Montemalaga Drive as shown on Tract No. 19683 recorded in Book 658 of Maps Page 9-12. SURVEYOR'S STATEMENT: This description was prepared October 12, 2013 at the request of the City of Rancho Palos Verdes and is based on a field survey and compiled from information shown in Title Report No. NCS-480 I 62-SAC4 issued by First American Title dated Apri 1 I I, 2012. Michael R. McGee, PLS3945 2-69 EX!llBIT-B Page 11of15 Parcel to b9 reta.ned by Angaln, LLC 8.922Aaas October 15. 2013 I I EXHIBIT MAP ofa Lot Line Adjustment for City ot Rand\o Palos VerdM APN 7578-002-0091 7578-003-001 Los Angeles County California Praparad 10/12/2013 by Mlchaal McGee. PLS3945 McGee Surveying ConStJltlng 2-70 EXflfBIT-B Page 12of15 October 15. 2013 "1VIOSSBANK DRIVE PARCEL" Description Described below and shown on the following Assessor's Map THAT REAL PROPERTY IN THE CITY OF RANCHO PALOS VERDES IN THE COUNTY OF LOS ANGELES. STATE OF CALIFORNIA. MORE PARTICULARLY DESCRIBED AS FOLLOWS: PARCEL 1: (PORTION OF APN 7578-003-006) THAT PORTION OF LOT "ff' OF THE RANCHOS LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL., VS. BENT. ET AL." CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STATE. IN AND FOR SAID 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 INTERSECTION OF THE SOUTHWESTERLY LINE OF THE LAND DESCRIBED IN PARCEL I OF DEED RECORDED ON JUNE 15, 1956 AS DOCUMENT NO. 2360, IN BOOK 51464 PAGE 380 OF OFFICIAL RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, WITH THE NORTHERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED ON DECEMBER 10. 1957 AS DOCUMENT NO. 1667, IN BOOK 56217 PAGE 198 OF SAID OFFICIAL RECORDS; THENCE ALONG THE NORTHERLY AND NORTHEASTERLY LINES OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED NORTH 86° 58' 40" WEST 24.94 FEET, SOUTHWESTERLY ALONG A TANGENT CURVE CONCAVE SOUTHEASTERLY. HAVING A RADIUS OF 430 FEET THROUGH A CENTRAL ANGLE OF 24° 44' 03", AN ARC DISTANCE OF 185.63 FEET, WESTERLY AND NORTHWESTERLY ALONG A REVERSE CURVE THEREIN CONCAVE NORTHERLY, HAVING A RADIUS OF 210 FEET THROUGH A CENTRAL ANGLE OF 69° 35' 01" AN ARC DISTANCE OF 255.04 FEET; TANGENT TO SAID LAST MENTIONED CURVE NORTH 42° 07' 42" WEST 500.20 FEET; NORTHWESTERLY ALONG A TANGENT CURVE THEREIN CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 450 FEET THROUGH A CENTRAL ANGLE OF 37° 16' 48", AN ARC DISTANCE OF 292.80 FEET; THENCE TO SAID LAST MENTIONED CURVE NORTH 79° 24' 30" WEST 17.34 FEET AND SOUTH 19° 06' 50" EAST 69.66 FEET TO THE NORTHEASTERLY LINE OF TRACT NO. 24423, AS PER MAP RECORDED IN BOOK 643, PAGE(S) 10 TO 13 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 24423. AND ALONG THE BOUNDARY LINES OF TRA.CT NO. 2220, AS PER MAP RECORDED IN BOOK 639 PAGES 19 TO 23 INCLUSIVE OF MAPS. RECORDS OF SAID COUNTY. SOUTHEASTERLY ALONG A NON-TANGENT CURVE THEREIN CONCAVE SOUTHWESTERLY. HAVING A RADIUS OF 390 FEET THROUGH A CENTRAL ANGLE OF 34° 48' 14". AN ARC LENGTH OF 236.90 FEET AND TANGENT TO SAID LAST MENTIONED CURVE SOUTH 07' 42" EAST 199.62 FEET TO THE WESTERLY LINE OF THE LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 56217 PAGE 198 OF 2-71 EXHIBIT-B Page 13 of 15 October 15. 2013 SAID OFFICIAL RECORDS; THENCE ALONG THE BOUNDARY LINES OF THE LAND DESCRIBED IN SAID LAST MENTIONED DEED. SOUTH 83° 09' 26" EAST 32.09 FEET; THENCE SOUTH 56° 01' 24" EAST I 10.94 FEET; SOUTH 42° 56' 24" EAST 98.35 FEET; SOUTH 44' 28" EAST 152.53 FEET; SOUTH I 00' 50" WEST 113.02 FEET; SOUTH 19° 25' 27" WEST 201.4 7 FEET; NORTH 30° 00' 00" EAST 311.18 FEET TO THE BEGINNING OF A NONTANGENT CURVE CONCAVE NORTHERLY AND HAVING A RADIUS OF 270 FEET, A RADIAL LINE OF SAID LAST MENTIONED CURVE BEARS SOUTH 11° 20' 45" WEST; EASTERLY ALONG SAID LAST MENTIONED CURVE THROUGH A CENTRAL ANGLE OF 33° 03' 28", AN ARC DISTANCE OF 155.78 FEET; EASTERLY ALONG A REVERSE CURVE CONCAVE SOUTHERLY AND HAVING A RADIUS OF 370 FEET THROUGH A CENTRAL ANGLE OF 24° 44' 03", AN ARC DISTANCE OF 159.73 FEET; TANGENT TO SAID LAST MENTIONED CURVE SOUTH 86° 58' 40" EAST 79.64 FEET AND NORTH 39° 19' 50" WEST 81.19 FEET TO THE POINT OF BEGINNING. PARCEL 2: (PORTION OF APN 7578-003-006) THAT PORTION OF LOT "H" OF THE RANCHOS LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION lN ACTION "BIXBY, ET AL, VS. BENT, ET AL" CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID ST A TE, IN AND FOR SAID 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 INTERSECTION OF THAT PORTION OF THE NORTHERLY LINE OF THE LAND DESCRIBED IN DEED RECORDED ON JUNE 29, 1955 AS DOCUMENT NO. 2487, IN BOOK 48207 PAGE 182 OF OFFICIAL RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS HAVING A BEARING AND DISTANCE OF "SOUTH 83° 09' 26" EAST 125.90 FEET", WITH THAT PORTION OF THE NORTHEASTERLY LINE OF TRACT NO. 22200, AS PER MAP RECORDED IN BOOK 639 PAGES 19 TO 23 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY, SHOWN ON SAID MAP AS HAVING A BEARING AND DISTANCE OF NORTH 42° 07' 42" WEST 384.09 FEET"; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 22200, SOUTH 42° 07' 42" EAST 300.58 FEET AND SOUTHEASTERLY ALONG A TANGENT CURVE CONCA VE NORTHEASTERLY, HAVING A RADIUS OF 270 FEET, AN ARC DISTANCE OF 78.28 FEET TO THE NORTHEASTERLY LINE OF THE LAND DESCRIBED IN SAID DEED, RECORDED IN BOOK 48207 PAGE 182 OF SAID OFFICIAL RECORDS; THENCE ALONG THE BOUNDARY LINES OF THE LAND DESCRIBED IN SAID DEED, NORTH 27° 44' 28" WEST 152.32 FEET; NORTH 42° 56' 24" WEST 98.35 FEET; NORTH 56° 01' 24" WEST 110.94 FEET; AND NORTH 83° 09' 26" WEST 32.09 FEET TO THE POINT OF BEGINNING. PARCEL 3: (PORTION OF APN 7578-003-006) THAT PORTION OF LOT "ff' OF THE RANCHOS LOS PALOS VERDES, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL, VS. BENT, 2-72 EXlllBIT-B Page 14of15 October 15. :rn 13 ET AL" CASE NO. 2373, IN THE DISTRICT COURT OF THE l 7TH JUDICIAL DISTRICT OF SAID STA TE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE 57 OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY, AND THAT PORTION OF TRACT NO. 2135L IN SAID COUNTY AND STATE. AS PER MAP RECORDED IN BOOK 598 PAGE(S) 32 TO 38 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS A WHOLE AS FOLLOWS: BEGINNING AT THE MOST WESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL l OF THE DEED RECORDED ON JUNE 15, 1956 AS DOCUMENT NO. 2360, IN BOOK 51464 PAGE 380 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY OF SAID LAND, SOUTH 39° 19' 50" EAST 1,044.82 FEET TO A POINT IN THE NORTHWESTERLY LINE OF LOT 138 OF TRACT 21350, AS SHOWN ON MAP RECORDED IN BOOK 599 PAGES 90 TO 95 INCLUSIVE OF MAPS, RECORDS OF SAID COUNTY; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT, NORTH 50° 26' 52" EAST 15.75 FEET AND NORTH 33° 05' 48" WEST 390.13 FEET TO THE MOST WESTERLY CORNER OF LOT 130 OF SAID TRACT NO. 21350, BEING ALSO THE MOST SOUTHERLY CORNER OF LOT l OF SAID TRACT NO. 21351; THENCE ALONG THE BOUNDARY LINES OF SAID TRACT NO. 21351, NORTH 31° 37' 40" WEST 249.38 FEET TO A POINT IN THE CURVED SOUTHERLY LINE OF MOSSBANK DRIVE, AS SHO\VN ON SAID TRACT NO. 21351, BEING A CURVE CONCA VE TO THE NORTH AND HAVING A RADIUS OF 185.00 FEET, THE RADIAL LINE TO SAID LAST MENTIONED POINT BEARS SOUTH 19° 08' 27" EAST WESTERLY ALONG SAID CURVE 26.10 FEET AND NORTH 31° 37' 40" WEST 66.43 FEET TO A POINT IN THE CURVED NORTHERLY LINE OF SAID MOSSBANK DRIVE SAID NORTHERLY LINE BEING A CURVE CONCA VE TO THE NORTH AND HAVING A RADIUS OF 125.00 FEET, THE RADIAL LINE TO SAID LAST MENTIONED POINT BEARS SOUTH 0° 17' 44" EAST; THENCE EASTERLY ALONG SAID CURVE 16.92 FEET TO THE MOST SOUTHERLY OF LOT 5 OF SAID TRACT NO. 21351; THENCE ALONG THE SOUTHWESTERLY LINES OF LOTS 5 TO 11 INCLUSIVE OF SAID TRACT NO. 21351, NORTH 31° 37' 40" WEST 489.17 FEET TO THE SOUTHWESTERLY CORNER OF LOT 12 OF SAID TRACT NO. 21351; THENCE ALONG THE WESTERLY LINE OF SAID LOT 12, NORTH 4° 33' 01" WEST 50.23 FEET TO THE INTERSECTION WITH THE WESTERLY LINE OF SAID LAND DESCRIBED IN SAID DEED RECORDED IN BOOK 51464 PAGE 380 OF SAID OFFICIAL RECORDS; THENCE SOUTH 5° 55' 42" WEST ALONG SAID LAST MENTIONED WESTERLY LINE 259.95 FEET TO THE POINT OF BEGINNING. SURVEYOR'S ST A TEMENT: This description was prepared October 10, 2013 at the request of the City of Rancho Palos Verdes and is compiled from information shown in Title Report No. NCS-480162-SAC4 issued by First American Title dated April 11, 2012. Michael R. McGee, PLS3945 2-73 EXHIB!T-B Page 15of15 October 15. 2013 COlll'HY A:-lSl•:SSOR l'LAT MAP 75i8-0J '.~ T Jl)J. ~ ... ~;~"".'." !l.llt ":'toTI"~ ..... ,\I .::!4tJ!!;CR~ f'/'lt!'l ~;V,\'ilY ·:-A' l.GS ·'ll::,:::r.ES, =~l.lf. 2-74 CERTIFICATE OF ACCEPTANCE (California Government Code Section 27281) This is to certify that the interest in real property conveyed by that certain Grant Deed dated in , 2013, from ANGELES, LLC to the City of Rancho Palos Verdes, which is a political corporation, is hereby accepted by the undersigned officer on behalf of the City of Rancho Palos Verdes pursuant to the authority conforred by action of the City Council of the City of Rancho Palos Verdes on 2013, and the grantee consents to recordation thereof by its duly authorized officer. Dated: 2013 -------· R6876-000 l \l 653245v 3.doc Carolyn Lehr City Manager 2-75