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HomeMy WebLinkAboutStaff Report 1268TO: CITY COUNCIL CITY OF PALO ALTO Memorandum . January 18,2011 SUBJECT: Approval of an Exchange Agreement and Quit Claim Deed for the Exchange of a 1,525 Square Foot Portion of Public Street Right-of-Way Land Along San Antonio Road for a 28,098 Square Foot Privately Owned Parcel of Land Located Under the San Antonio Road Overpass to Secure and Maintain a Public Access Road to the Former Mayfield Mall Site at 200 San Antonio Road This replaces Iteln #1268, previously submitted for. your review and consent, for the January 18, 2011 meeting. The attachments were misaligned in the previous version. Directo {fr~~j City of Palo Alto \gj}}fr5it\~ City Council Staff Report "'"cr.."n J (ID # 1268) Report Type: Consent Calendar Meeting Date: 1/18/2011 Title: Approval of an Agreement and Quit Claim Deed Subject: Approval of an Exchange Agreement and Quit Claim Deed for the Exchange of a 1,525 Square Foot Portion of Public Street Right-of-Way Land Along San Antonio Road for a 28,098 Square Foot Privately Owned Parcel of Land located Under the San Antonio Road Overpass to Secure .and Maintain a Public Access Road to the Former Mayfield Mall Site at 200 San Antonio Road From: City Manager Lead Department: Administrative Services RECOMMEf;lDATION Staff recommends that Council authorize the Mayor to sign an Exchange Agreement and Quitclaim Deed (Attachment A) for the exchange of a 1,565 square foot portion of public street right-of-way land along San Antonio Road for a 28,098 square foot privately owned parcel of land located under the San Antonio Road overpass to secure and maintain a public access road to the former Mayfield Mall site at 200 San Antonio Road BACKGROUND In June 2006, the City of Mountain View approved a project for redevelopment of the Mayfield Mall/Hewlett Packard site at 200 San Antonio Road with 450 units of multiple family housing. The entire project site, owned by Hewlett Packard (Owner), located at the corner of Central Expressway and San Antonio Road contains 24 acres, 19.8 acres are located with the City of Mountain View and 4.2 are located within the City of Palo Alto. On April 17, 2008, the Palo Alto Architectural Review Board (ARB) approved plans, with conditions, for the 45 units to be built upon the 4.2 acre Palo Alto portion ofthe project (Project). On July 27, 2009, Council adopted Ordinance No. 5046 (CMR:209:09) approving a Development Agreement extending the ARB . approval and Vesting Tentative Map approval for the Project to February 26, 2014, to be consistent with the expiration of approvals for the larger portion of the housing project located in the City of Mountain View. One of the ARB conditions of approval for the Project ensured public access to the development through an existing underpass roadway serving San Antonio Road. This condition required that the Owner acquire a privately-owned parcel (Kelly Parcel) on the West side of San Antonio Avenue on which the access road to the underpass lies and then deed this parcel to the City of Palo Alto (Attachment B). The 28,089 square-foot Kelly parcel was acquired by Hewlett Parckard after months of negotiation at a cost of $25,000. Another ARB condition noted that January 18, 2011 (10 # 1268) Page 1 of 4 the approved Tentative Map plans require the Owner to acquire a 1,565 square-foot City- owned right-of-way parcel (City Parcel) adjacent to both San Antonio Avenue and th e Project property (Attachment C). The ARB condition notes that "if the applicant is unable to secure the small City owned parcel, the alternate site plan shall be considered". DISCUSSION During the ARB approval process there was discussion thaUhe Owner would acquire from the City the small 1,565 portion of City right-of-way, to provide for the design as approved in the Tentative Map. The approved site plan is not significantly different from the alternative, but it does have some benefits in terms of design configuration. It will provide for a less cramped site layout which eliminates some of the necessary setback encroachments. It removes a unit from one building (Building 4) and places it at another building (Building 8) providing a greater setback at the entry to the project (see Attachments D and E). The 1,565 square foot City Parcel is triangular in shape with 99.20 feet of frontage along San Antonio Road, immediately north of Central Expressway/Alma Street. The parcel overlays a portion of the San Antonio Road right-of-way; however, it is not necessary for the movement of traffic on San Antonio Road. It lies partially within an area that was used at one time as an access roadway/driveway to the Owners parcel at 200 San Antonio Road. It contains 3 pine trees, ground cover and some asphalt paving and concrete curbing (see Attachment E). The parcel is zoned Public Facility (PF) which permits only public use. The Owner intends to apply for a zone change once the parcel is conveyed to them to become incorporated into the Project. Appraisal To aid in making an informed decision concerning the proposed exchange, staff contracted for an independent appraisal of the City Parcel prepared by a Member of the Appraisal Institute (M.A.I.), The purpose ofthe appraisal was to provide an opinion of the market value of the City Parcel based on its highest and best use. By itself, the size and location of the City parcel is severely limiting and could not be developed independently. The appraisal concludes the highest and best use is to assemble the City Parcel with the adjoining property of the Owner. Given this limited use, the market value of the parcel is determined by comparing the value of the Project with and without the inclusion ofthe City Parcel. The addition ofthe City Parcel will not affect the density or development rights accruing to the project, but, as described above, it will affect the deSign configuration in terms of location and placement of units in bUildings. The appraisal concludes that only one unit is affected in terms of increased market appeal and value. The additional landscaped area afforded by the City parcel is essentially an amenity to one of the town home units, which will provide an approximate 2 percent Increase in value over a competing unit. Using comparable direct sales of similar units to determine the value of this town home the appraisal concludes a market value for the City Parcel of $22,500. January 18, 2011 (ID 111268) Page 2 of4 Exchange Both the Kelley and City Parcels are irregularly-shaped and are overlain by or adjacent to public rights-of-way and roadway improvements. The Kelley Parcells larger, however, its market value of $25,000 is comparable to the $22,500 value of the City Parcel. In accordance with the ARB approval condition, the Developer has acquired the Kelley Parcel and deeded it to the City. In addition, as required by the ARB approval, the developer of the project must upgrade the access road upon the former Kelley Parcel to City standards. This benefits the City by assuring public access to the Project through the San Antonio Road underpass. The conveyance of the City Parcel to the Owner provides for a more desirable site layout as provided in the approved Tentative Map. In summary, the parcels are equivalent in value, and maintain or provide pUblic benefit by continuing access through the former private access road and by providing the layout as approved in the Tentative Map, therefore, the exchange as requested by the . Developer is recommended. RESOURCE IMPACT The Owner has paid the $1,260 deed preparation processing fee required by the Palo Alto Municipal Code and has reimbursed the City for the cost of the appraisal. The parcels proposed for exchange have offsetting equal economic value and the proposed exchange involves no cost to the City. The Developer will pay for any escrow costs and recording charges. POLICY IMPLICATIONS The recommendation does not represent any change to City policies. The Planning Department has determined that the quit claim of the City Parcel does not impact the sites conformity with the Palo Alto Comprehensive Plan. ENVIRONMENTAL REVIEW An Environmental Impact Report for the development project was adopted in June of 2006. The proposed quitclaim for the City Parcel as assemblage to the adjacent owner are categorically exempt from the review under the California Environmental Quality Act (CEQA) pursuant to Title 14 California Code of Regulations Section 15305 as a minor alteration in land use limitations. ATTACHMENTS: • Attachment A: Exchange Agreement and Quit Claim Deed (PDF) • Attachment B: Kelly Parcel (PDF) • Attachment C: City Parcel(PDF) • Attachment D: Site Plan With Assembled City Parcel (PDF) • Attachment E: Site Plan Without Assembled City Parcel (PDF) Prepared By: January 18, 2011 (ID n 1268) Martha Miller, Manager, Real Property Page 3 of 4 Department Head: City Manager Approval: January 18, 2011 (ID # 1268) , . lalo Perez, Director of Administrative Services ~;/7(r-"- James Keenel.vlvlanager (j Page4of4 ATfACHMENT A (Page 1 of 17) AGREEMENT FOR EXCHANGE OF REAL PROPERTY THIS AGREBM~NT FOR EXCHANGE OF REAL PROPERTY ("Agreement") is dated January ~ 2010'r("Effective Date"), and is made by and between HEWLETT·PACKARD COMPANY, a Delaware corporation ("Developer"). and the CITY OF PALO ALTO, 1\ California municipal corporation eClty"). City and Developer are herein collectively referred to as the "Owners.» RECITALS A. City is the owner of certain real property (referred to herein as the "Triangle"), located within the City of Palo. Alto, California, consisting of an approximately 0.12-acre remainder portion of land Wlderlying the public right of way for San Antonio Road and which is more fully described and depicted on Exhibit "A" to this· Agreement. Gity intends to convey the Triangle to Developer so that It may he incorporated into Developer's approved site plan for the "Mayfield" residential development Pl:oject ("Project'?,loeated at 200 San Antonio Road. B. In connection with the Project, by that certain Grant Deed recortjed in the·Official Records of Santa Clara County, California on April 9, 20 I 0 as J;locument No. 20672467, a copy ofwbich is attached hereto as Elxhibit "B", Developer caused to be conveyed to City certain real property (referred to herein as the "Kelley Parcel'1 located within the City of Palo Alto. Clilifornia, consisting of an approximately 0.59 acre remainder portion of land underlying the public right of way for an underpass serving San Antonio Road. The Triangle and the Kelley Parcel are correctively referred to herein as the "Properties." C. Incident to City's issuance of land use approvals ("Approvals") for the Project, specifically a Vesting Tentatiye Subdivision Map and Architectural Review Board design approval, City desired Developer to cause the Kelley Parcel 10 he conveyed to City. In anticipation of Developer acquiring rights to the City owned Triangle, City has approved the Project in a site design configuration which included the Triangle· as part of the Project. The Kelley Parcel and the Triangle. are both small, irregularly-shaped fragments of real property overlain by or adjacent io public rights of way and roadway improvements, and such Properties therefore have no feasible economic use and no objective value to any third party. D. As contemplated In the Approvals, City and Developer now desire to complete the previously anticipated exchange of the Triangle and the Kelley Parcel. NOW, THEREFORE, in consideration of the foregoing and the mutual agreements, City and Developer agree lIS follows: TERMS AND CONDITIONS L EllChange of Properties: In exchange for the acknowledged conveyance of the Kelley Parcel to the City, City agrees to transfcr and convey the Triangle to Developer upon the terms and conditions of this Agreement. The Owners agree that the reciprocal conveyances described herein are an exchange of real properties with offsetting equal economic values and no additional monetary remWleration shall bc paid to either part.y. 1Il1404.06 2. Title and Conveyance of the Triangle: At the Property Closing (defined below), "City shall convey "the Triangle to Developer by quit claim deed in the form attaehed hereto as exhjbit ''C'' (the "Triangle Deed"), with title free from any public rights of way and other rights of the public. If shall be a condition to the Property Closing that First American Title Insurance" Company ("Title "Company"), be irrevocably committed to issue, subject only to payment of its premium therefore, a standard owner's ALTA policy of title insurance (the "Triangle Title < Policy'" in fomi aniI substance acceptable to Developer, insuring roe simple title to the ;rriangle vested in Developer, subject only to exceptions approved by Developer during the DUe Diligence Period (as defmed below). City will complcte any necessary abandonment of any public rights of way and other rights of the public in or over the Triangle prior to the Property Closing. 3. Inspection: <3.1 "Documents: To the extent such items ere in City's possession or reasonably within City's control, City shall make available for inspection by "Developer, the information and documents available in City's files conceming the Triangle, within ten (10) days after the"date of this Agrc<ement. " 3.2 Due Dilhlenee: Developer and Its agents shall have until 5:00 p.m., PaCific Time on the thirtieth (30th) day following the full execution arid delivery of this Agreement by the "OWners (the "Due Diligence Period") in which . to exlimine, inspect, and investigate the Triangle and, "in Developer's sole discretion, to determine whether the same is satisfactory to Developer. peveloper may elect for any reason, in its sole discretion, to terminate this Agreement pursulirtt to tWs Section 3.2 by giving notice of termination (the "Due Diligimce Tennmation Notice'~ to City on or before the end of the Due Diligence Period. Developer shall be deemed to have approved such examination, inspection and investigation, and this Agreement shall oontinue in full foree and' ~fect, if'Developer does ndt deliver a Due Diligerlce Termination Notice tQ. thy as 'specified herein. In the everit Developer elects tp ternlllU\te tWs Agreement pursuant to IWs Section 3.2, then neither Developer nor the City shallthereJifter have any further nghts or" obligatiohs under tWs Agreentent uriless expreSsly provided otherwise herein. Developer shall have reasonablellC(:ess ro the Triangle djlring the term of this Agreement for the PUrpose< of conducting snrveys, arehitectnrsl, engineering;" geotech!1lcal and environmental " inspections"and tests, and other inspections, studies, and tests desiied by Developer (collectively, "Inspections"); pi-ovided, however, that Developer shall not coilduct any physical testing, boring, sampling or removal (cpllectlvely, "Physical Testing") of any portion of the Triangle without f11'St obtaining the written consent of City. DevelQper, on behalf of itself and its agents, bereby waives all claims against City for any injury to persons or damage to property arising out of any Inspj:Ctions ()r Physical Testing, including, without Iimitalion, any damage to the tools and equipment of Developer or its agents. and agrees to indemnify, protect, defend and hold the City harmless from and against any and all claims, liabilities, damages, costs and expenses of any kind or character arising from, related to or caused by Developer's entry upon the Triangle or the perfonnance 'ofthe Inspections and any Physical Testing by Developer or its agents. Illl40QJi6 "2 " L~~ 4. Conditionsto Properly Closing: 4. L Conditions. The obligations of the parties under this Agreement to complete the Property Closing are subject to the satisfaction on or before the date of the Property ~ Closing of the folloWing conditions precedent: 4.1. I The obligation of City to ~complete the Property Closing shall be conditioned on the satisfaction of tho following conditions: (a) the City shall have acquired the Kelley Parcel (which condition the City hereby acknowledges has been satisfied). and (b) . Developer shall not be in default of any covenant. representation or warranty under this )\greement. 4.1.2 The obligation of Developer to complete the Property Closing shall , be conditioned on the satisfaction of the following conditions: (a) the Title Company shall have issued or shall have committed to issue, upon the sole condition of the payment of its regularly scheduled premium, tlie Tri.angle Title Policy, and (b) the City shall not be in default of any covenant, repres~tation or· warranty under this Agreement. , 4.2 Failure of Conditionll. If any of the conditions set forth in Scction 4.1 are not timely satisfied or waived by the applicable party and neither party is in default hereunder, !ben the party benefited by such eondition may by written notice to the other party terminate this Agreement and the rights and obligations of City or Developer shall terminate and be of· no further force or effect except as to ·those matters as specifically stated in this Agreement to survive termination. In the event of the failure of any such condJiion due to a default by one of the Owners, such default may be waived by the non-defaulting party in which event the Property Closing shall proceed, and in the absence of any such waiver Section 8 below shall apply. 4.3 Satisfaction of Conditions. The occurrence of the Property Closing shall constitute satisfaction of conditions set forth in Section 4.1 that were not otherwise specifically satisfied or waived by the Owners. 5. Escrow: S.l Opening of Escrow: Once this Agreement has been fully executed, the Owners shall open an escrow ("Escrow'~ with the Title Company. The Owners shall also execute such further escrow instructions as the Title Company may reasonably require in connection with the Property Closing so long as such instructions are consistent with the provisions of this Agreement. In the event of any contlict between the terms and conditions of this Agreement and the provisions of any escrow instructions, the terms and conditions of this Agreement shall control. 5.2 Property Closing: Subject to the satisfaction or waiver ofthe conditions to the Property Closing set forth in Section 4.1 hereof, the closing ("Property Closing") shall occur at the offices of the Title Company, and be completed on or before the earlier of: (8) the date which is ten (10) business days following the date upon which Developer gives notice to City that Developer desires to close the transaction, or (b) March 31, 2011. It is understood and agreed by the Owners that the Property Closing may occur concurrently with Developer's conveyance of the Project to a third party and such third party may be the Developer's nominee 111140&.06 -3 - to take title to the Triangle pursuant to Seetion 13 below. Each of the Owners agree to work with the other party, such third party which is acquiring the Project and any escrow or title officers involved in the cOnveyance of the Project, so that the Property Closing and the closing of Developer's conveyance of the Project shall occur concurrently. 5.3 Triangle Deed: Further Assurances: City shalt deliver the duly executed and acknowledged Trilll18le Deed into Escrow within ten (10) business days following the eXpiration of the Due DiligenceJ'eriod. The Owners shall each deposit such other instruments 118 ate reasonably required by the Title Company or otherwise required to consummate the exchange of the Properties in accordance with the t= hereof 5.4 Taxes; Closing Costs: Developer shall accept the Triangle subject to any non-delinquent real property taxes and assessments. Developer shall pay for the cost of the rriangle-rille Policy lIS well lIS all other escrow costs and recording charges, or any other charges required to close escrow on this Agreement 6. No Brokers and Finders: Neither party has had any contact or dealings regarding -thp Trllll18le or the Kelley Parcel through any real estate broker, finder or other person who can claim a-right to a comn\isslon or finder's fee in connection with the transaction contemplated herein. -Each party agrees to prolect, defend, indemnify and hold haImless the other party from IIild against any and aU commissions, fees and other compensation claimed by any broker, finder or third party arising by virtue of this transaction whose commissions, fees or other compensation, or any claim therefor, arises from acts of the indemnifying party. The obligations of iMeronity contained in this Section 6 shall survive the Property Closing or the earlier expiration or tennination of this Agreement. 7. As-Is: Mutua) Release: Each of the Owners represents, warrants and covenants to the other party that: (I) -Owners are familiar with and have investigated the Triangle and the Kelley Parcel and. all matters pertaining thereto, and there are no representations or warranties of any kind whatsoever, express or implied, made by the Owners to eaCh other -in connection with this Agreement, the exchange of the Triangle for the Kelley Parcel, the physical condition of the Properties, or whether the Properties comply with applicable laws or are appropriate for the Owners' respective intended uses, as applicable (except any representations given by City to Developer in connectiQll witl.t the development ()!' entiilement process of the Project); (il) except as expressly set forth in this Agreement, l\either party is relying on any statement or representation made by the other party, or the Other party's agents or representatives; (iii) the Owners are aware (or have voiun)arily chosen not to be aware) of all zoning regulations, other governmental requirements, site and physical conditions, title Bnd other matters affecting the ownership, use IlI1d condition of the Properties, as applicable; and (iv) City accepts the Kelley Parcel, and Developer accepts thc Triangle, in their respective "AS IS" condition WITH ALL FAULTS lIS of the date of the PrQperty Closing, and both Owners waive and release any and all claims, demands, causes of action, losses, costs, dllll1ages, penalties, fines, taxes, remedial actions, I1lmovai and disposal costs, iDvestigation and remedial costs and expenses (including, without limitation, attorneys', expert and consultant fees), whether direct or indirect, known or unknowil, either party may have against the other party as a result of the foregoing matters. The provisions of this Section 7 shall survive the Property Closing. The Owners each hereby waive tlie provisions of Califomia Civil Code Seetion 1542, which provides that: 11210108.06 -4- "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH TIlE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT TIm . TIME OF IlXECUTING THE RELEASE, WHICH!F KNOWN BY HIM OR HER MUST HAVE MA TERIALL Y AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR." By initialing below. the Owners hereby waive the provisions of Sootion 1542 solely in connootion with the matters which are the subject of the foregoing waiver and release: . Initials by City: .~~ __ ~ __ Initials by Developer: U'if!!:- 8. LImitation on Deyeloper Remedies: If City shall default in iis obligation under this Agreement to· convey the Triangle to Developer. Develojler's sole and exclusive remedies shall be either to (i) sue for spooific perfonnance. or (ii) terminate this Agreem~t. which tennination shall release the defaulting party from any and all liability hereunder. Developer shall be deemed to have elected to tenninate this Agreement if it falls to file suit for specific performance agalnst City on or before ninety (90) days following the date upon which the Property Closing was to have occurred. Developer hereby waives any other rern~les available at law or in equity in the event of a default by City in its obligation 10 convey the Triangle to Developer. including without limitation its rights to seek damages for such default. 9. Attorneys' Fjles: Should any action or proceeding be conunenced between the parties hereto concerning the Propertles. this Agreement or the rights and duties of either party pursuant thereto. the prev.ailing party shall be entitled, including in any specific perfonnance action and in addition to all other relief as may be granted by the court, to reasonable sums for attorneys' fees and cosis in the discretion of the court. "Prevailing party" as used In Ibis Section 9 includes a party who dismisses· an action for recovery hereunder in· exchange for· sums allegedly due, perfonrnmce of covenants allegedly breached or considerations sUbstanli.ally equal to the relief sought in the action. 10. Notices: Any notice or report required or desired to be given regarding this Agreement shall be in writing and may be given by personal delivery. by certified mail return receipt requested. or by courier service. Any notice or report addressed 10 the Owners at· their respective addresses sct forlli below, as appropriate, shall be deemed to have been given (i) when personally delivered, (ii) if properly addressed and deposited in the mail (certified, return receipt requested), on the date shown on the return receipt·for acceptance or rejection or (iii) if properly addressed and deposited with a reputable overnight carrier. on the liusiness day next follOwing the date of deposit. For this purpose, a "business day" shall be a day on which such reputable overnight carrier has regularlY scheduled delivery (excluding Saturdays). lI21408-06 Each notice to City shail be delivered to; Office of the City Attorney City of Palo Alto 250 Hamilton Avenue Palo Alto, CA 9430 I ·5· . i Bach notice to Developer shall be delivered to: Office ,of Corporate GcneralCounsel Hewlett-Packard Company 3000 Hanover Street Palo Alto, CA 94304 , 13.. Assignment: Developer may assign its right, title and interest in and to this Agreement to any other PartY without the approval of City. Additionally, Developer shall have the right to designate a nominee to acquire title to the Triangle under the Triangle Deed. . .' ." . . 14.' ' Miscellaneous: This Agreement constitutes the c6mplete and fmal expression, of the agreemellt of the OWners relating to the matters set forth hereIn and supersedes all previous contracts, agreeinenls; aridundetiltaiJdings of the Owners, eithef oral or written, relating thereto. This Agreemellt cannot be modified,or any of the terms hereof waived, except by an inslrUlnent in writing (referring spedficallyto this Agreement) executed by the party against whom enforcement of the ln6dlfication or wruver is sought: Time is of the essence for the performance of each and every covenant and for the satisfaction of each and every cOndition contained in this Agreement. This Agreement Shall be .governed by and construed in accordance with the Jaws of the State of CalifornIa. The language in all 'parts of this Agreement shall in all cases be construed as a whole acCording 'to iis reasonable meaning. This Agreement may be exeeuted in counterparts by the parties hereto; and shall become biilding when all parties have eaeh executed and delivered to' the other party a Counte!pllrt hereof. and together' such executed counterparts shall constitute this Agreement. Each plirtyhereto shuJlexecute. acknowledge and deliver or to cause to have executed, acknowledged and delivered, such other and further instnunents and documents as may reasonably be requested by,the other to carry out ttils Agreement. ' [Siguatore page follows] L IN Wl1NESS WHEREOF, the parties hereto have executed this Agreement on "the respective dates set forth below. " DEVELOPER: HEWLETT·PACKARD COMPANY, a Delaware corporation BY:d.-~ Name: 8'W~ 'PnfRr Tide: ve,. ikn 6"" ,f Itrlf. '!:!f' Dale: December 1,2010" ClTY; Cily of Palo Alto, a California Municipal Corporalion By:" ______ ~ ________ ~ Name: ______ "_~ ___ _ Title:: _______ ~ APPROVED AS TO FORM: By:_"" City Attorney Date: January_"~. 2011 " 1111<40s.o6 ACKNOWLEDGED: By:_-:-;-_"=-:-____ _ City Clerk -7 - ; " , I I t TRIANGLE LEGAL DESCRIPTION AND DEPICTION TImt certain real property located in the Cit)' of Palo Alto, County of Santa Clara; State"" of California, and more particularly described as follows: Real Property in the Cit)' of Palo Alto, County of Santa Clnra, Slate of California, being a portion of Parcel No.2 as described in the Filial Order of Condemnation recorded April 18, 1962,.in Book 5543 of Official Records, page 586, Santa Clam County Records, and a portion of Parcel No. I as described in the Final Order and Decree of Condemnation recorded April "18, 1962, in Book 5543 of Official Records, page 591, Santa Cllllil County Records, described as: follows: " Beginning at the most easterly corner of said Parcel No.2; Thence along the southeasterly lines of said Parcel No.2, the following two courses: 1. Thence South 38°23'10" West, 68.00 feet; 2. Thence North 51 °36'50" West, 2.57 feet: ~: Thence North 08°39'58" East, 99.20 feet. to a point of cusp, being on the ea~terly"line of said Parcel No. I: Thence along said easterly line, southerly, along a tangent curve to the Jdt, having a radius of " 36.00 feet, whose"center hears South 81°20'02" .Easl, through a central angle of 60°16'49" for an arc length of37.87 feet, to the northeasterly line of Parcel No.2; " Thence along sold northeasterly line, South 51 °36'50" East, 20.49 feet. to the Point of Beginning. " 1111408.00 -8- LEG£N~ (II) fWlIAi. , 1!tAAI~ hJ" i p.o.e. _r OF BECM<!HO 1 IN •• 80 FT. SAN ANTONIO ROAD j I ____ ' __ cl!Y ~L£ ~L~.J,_' _,_ CITY or MOUNTAIN VIEW ----,--- W ::J ,~ I « , ; 1::::< i • I , / I : I :z I /[ / / I / I 1/ ( it. , .. '\ I I ---1j: -----1 j I /_.- 1 01' 1 ~~-~f~~I~'~~~~'_-~~_A_~_to_cc_~_PC_nY_d~ __ Pt_lOO~~ -9- 11214118.6& EXHIBIT"B" KELLEXPARCELDEED [Attached] ( ·10. I' , ' L j. 11lI463.!16 , :lIttit.I.-'<M TIIIa ~ 'F""",! Ii ... U'S'lfW'fR-SC llECORUI~G RUQI.lT'lTO,O nv MIT> WHEN tlEl.'O\WII>RE1'I1I!N TO: Cf1f<lft'llb""o . Htqlttll fftOidbJi witI~ '", 1i:ttMd rer klldlt ot elf)' of Pllio ,,\It(l pl"U~ .,~ Secnon ~l(l) 01 (ltlmnmm' M¢, m"A~'f u.:nu Ft.",," " "'II"'.,' . tho f··~ ,1 .... lIt, ' {:lfP'lfI. , _---"' ,"I P'J.Jj H,I( 'YALUASUi COr\SlOtRA.TlO)l, N¢O'lt (if ",hjt1\ I" hmby tCMowledllod, RYIA~n Ktl.l.';V Mill lIA VKA ~IWU' KllLUiY ""'by (I .... r .. "" <:fry (W!'AL\) All'(}. ItOt rl$l ",,'VoW in lht ehy of r.to Aho. County \)f $wJt1f t!l\l'l'o, 5tllt cil ()llrOlttiJ, dutribtdt1in J!Xbibh 'w' JI~h~d '!fret!'! 1M tl'lC\lJPOf1i1Cd Uetlll'fnLy I-:lm'n':(, -11 • ·" : .. • 12- l tl214tlUM ",' . IJX'IIUI"'''A"' THAT CEATAltt I'.M\.. .... Of£ltTY illUATEO IN tHr lfrA1-e OF !:.UJftOO>IA, OOOOY of MN1'A tlAM. Cltv OF ,...,,1.0 .iL TO, ;')If) I'1tJCiiJARI'l/l" FQtJ.¢WS' 'G!IIIO f, "On'(Jo.~O!" LOT '"Cf 'fl1f\1'ttnrAfN ;"""l'otn'!)"Al\tm()~(lr 1"': MI"'t:lIf. flt"rrO~mOYQIL'"a(ll"l ... RAtA',.1 AI..; lHTH! MAiftHORl~ DU,4,N fAANOSQIJI'J"(TtlOCORDfl) OC'tOOUt, n fU, ~.(loot: If QItldAfI&. PACI19l.lll!mnMru' $/l.WrACLAJ.A 0Qmit'V. C4L1:ro~)~. WfUCH PDATIOH I!S ~O:u: PAlltlCtlLAr..t. y DE:WtIflWAS t{)t.LOWJ: JI~e~ATnm'cmrrOfl~jummtH£fOlITHlAtrJllt.Vtml('Jf'S"toLO'l'l W1'Ji1$'I\·(')1TtlJ'.AST1,RLV1,llI,;n, ",tIM mrfTqof\M£itLY ~ AS GJlIP.FIiH AVt!NUE) WHJQJlj.~lH;;Afii'Jlt.V UNf: III 'J='xm;bl.eUL~tu. Y mSfANr",qu ftth'·MJttl\tfL"b1~1U. \' 1m! lH5 r"tsntHII>'K.lNtr.wt.")!1) UJ:ifUllLIHl! UY At.'t.\ i'UtlUif. WlfJql4 ,()Jlft l!t UI1)4'j\jH SOOtttdMmL V IILOH<l ~lD m"nft,\~l V t1}lR"U24 ff:r.r Jr." rJ£n J12.91'-m'1' Olt SAtDMAP)f'Rtt,{rifS SwtlJW1wu.V lh:f.01 $1\..~ANJO>nUA\11oJUi tAi.YtHC';IiQWN "Hil" 1tl\"T0!0M .OAD ANP 10aMJ.!U .. 't (AtJ,nD SW~u. flOAt),} YllflCtl!OL'T'Il!!A 'T1?llV Ut.-r. Of ~AN A"'-OHIO h\'llMll; f$ '~l)ICU1.h1\l. '( b}Sr MII'~l,tOfW $OVnliAJ'f'MLY1kOM lH. itXl$/fNfi M(lmlMIlt:'{P.I, a.MfHj,rwi; OF!"", Al."T(Jt,:'tU A YtH1Jtl; ntl!l\'C8 FROM ~"1O l'Ot.%tr ()f'~MmHlN« ft, U· oW S1" Y."lCAl..lMO:'.~\· »' W, I.it'WlWU MAl') 1lV)'«.I SAifl ~tmw:Am"l.y.IJNC (lV AI»A !rrkrutT mm4 f1!i)'1TT01UUOCmWJEM.Vu.,OV \.AN!)$(:(IN\,t:Yt!» tty Utlt!f)ftl.b):, I«(JWAtDT. eatAt;Wf,ltlCOlOI!OJlltt!)AkY M. U~JfI Roost tim Of OIfftlAI,IF"(''t)ftDi, PAGE WI, s.uorll ""'fI;llh WU1frV{ i ju:~t /lIJ,)fOO $Alb IOL"'rnWmLV WN!I.COf'f!ll\tAM)"'S Oil "KfIItMA" ~'. "","'flO" r. Ilo.~ fElt;1UCI,:CU AtOi'lGl1rtnroonflWlTUtY imp, Of' "All) !..A1ltI10f' IItKlU(AN N. 11"'0' ,,, .. 'N. !!f'.V' P'f}1!:7 TO {"in lOUlUM$K'-W Ilt:iOFJAfoo /l1't'lf.\"IlO i\W;HUH/ 1UliNCRlttC)ltl nm J<lL1HWttfU.V U:o.u:Ol'NAW Atntfl";lU ... w. .. ,I!:J!t H' ft· W' E, (CAu .. m H. U"u'!t O~ WhlllMl\tjH 30 ffltrrTl)ntli. tni:tM1Nl0'J1F.QfNWlml ntI;;CU s. ",·w W"(l.·/\ hl~rA.WCf M"11~1Co nE7: nmK:n~, 2" '" "'~t.,A tll}"f""M;t!QI' w~:1't ~Ii'r; 11tF.HC£t4. -U"W 00" W. ADflTI\Ii(lJOI' &1~) rBfll TOA IImNTON THIi-Mt/)lIDUTH'A~'llIU, Y LlHLI twit.NJI,,"r<INlO ,w£.~~ 'ff~ .'\t.QHO $.AID lOUtMIlU" LINt: S, )""9'1IL~ 'II, A fflln-Am 0' !n,l·1 ri!.ttf T¢ TljN lRUJl m::lT ~ Ot:Gr;..'trI~O Mtf" 'A,.IH.!I,)1 ~---- -13 - .. ' 1111.408.06 t!}!R'N'JI'fCNH!I 01' A.CeEHA-WE. 'lbl0 is co CQt'f'.;'f)" tilut; t:'0 1ntereat in :red prol'IU:Ly r:CilvflYtill IJ~ thO wLtlau dtted 01' qrant fO ttJQ C:!.ty tif t'j),ln ,,.:t">f • C8,l!tQlnh l~h"'II:~r C!CY-. !& b't:'oOby olCC@I.e6 1.1)' t.11. \:mre!9tild officer 01' lluaftt 00 hfih1'l1r af:.t.~ (:;ounon O~ the. C!ty.of palo ;.t·~(li \\Ul'HUIIf+t, to .vthQf'h:V corafi!rm rrl :~.solUr:t.(ltt I'J! ills lllli-t3 C,,1,Illf,li ... ,"*ptetl en &m IS, 1'9'"1 aM tmfl: C!il'.l' or t'li.lo Aito, cons!Gta ';';0'" . nco.r4atio)\ taerao! ~y It,,. dldy ,,\1trurrl'lJd ()U1cQI:, 1\ppYoved pi '1::00 Porm . Abot. C:Uy A,';;.LIQn')WY ',,' COllN'l~ or BAWl." ¢L.AAA ; .' on&\ltv ... b· . aOI;), Iltl~u". ;;'j>skb lA, D4,... • A nnl'Jlry ~1C •. jn .lJd, for the State at C4U!orda, p{l.t'Slrn1bllr . • ~rW t-~jL , "Ifmt ~ov..-d to' n.u on 'Che b'tl)~s of SAt:i.Sr!'(; '(uty t¥.lrthult."(I to 'tI" t'he panonM wholiht· r.A1'l* 1~ • &ub3o-.:i bed to tb1t WiU:1n .t"ItXI~:W:lt W .w~:)w1411du.ul t~l 1DIt t;b.-t ~,,~;'~'. execu.ted LhQ ff&ilt$ an fl!~r .uc:~i:.d e4P4C1.t.Y~f o.td ~h. .. t by )-.!II/~r ttt9J\ature~! (11). ,!..bel l.n~p'\)fl\,fnt: the peiocn~. or thi!: ~t1ty 'Jt)Otl ~l! oC wh~v.h tlle llersonJ(l a<-"tad, "('QCu~\ toll. inl'f~rtnent. = l;41ntt:y ~'Dder l'Uft.'A!."V ur IEMUey UtUihr tM In.~ ¢ ,;:hO DrAlt& ot Oa.lifornla t;tmt tho fox.Ml:~g £)jt"aurt\J).ll 1a tnu. and cozrect. to1:TKISS ny h~d 01t4 orllcia}. .... 1 --:.'7 ~.' 5!.Olwfur: .. 'i4"_ .... "W=:::..-I~=-"=L-.;... -14- ( EXHIBIT "C" FORM OF TRIANGLE DEED [Attached] -J 5 - -_.--" .~ .... "-... ""---_ .. ........ ". '"" RECORDING REQUESTED BY' WHEN RECORDED MAIL TO AND MAlL TAX STATEMENTS TO; (Space Above for Recorder's Use) QUITCLAIM DEED The undersigned Grantor declares that this conveyance is exempt from the payment of Documentary Transfer Tax pursuant to Section 11922 of the California Revenue and Taxation Code, as amended. FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which is hereby aclmowledged, the CITY OF PALO ALTO, a Californiamunicipai corporation ("Grantor"), does hereby quitclaim, remise, convey and release to -:-:---:::-__ ;;-::-_ {"Grantee"),lhat certain real property (the "Property") in the City of Palo Alto, County of Santa Clara, State of California, more particularly described in Exhibit "A" attached hereto and incorporated herein by this reference. Additionally, Gr!llltor releases and conveys any rights uf the public in, to or over the Property. IN WITNESS WHEREOF, this Grant Deed has been executed this ____ day of _____ " 2011. CITY OF PALO ALTO, a ClIIifurnia municipal corporation By: Nam-e-:~---------------- TItle: ______ --'-__ _ ATTEST: City Clerk APPROVED AS TO FORM: City Attorney ·16 - · ......... _--_." .. ,".--_ ... -..... , .. EXHIBIT "A" Legal Description of Property That certain real property located in the City of Palo Alto, County of Santa Clara, State of California, aad more particularly described as follows: _ -_ Real Property in the CitY of Palo Alio; County of Santa Clara, State of C!llifornia, bei,llga portion of Parcel No.2 as descri\1ed in the Fhial Order of Condemtllltion recorded April 18, 1962, in Book 5543 of Official Records, page 586, Santa Clara-County R~cords, and a -portion of Parcel No. I as described in the Final Order and Decree of Condemnation .recorded April 18; 1962, in Book 5543 of Offieial Records, page 591, Santa Clara County Records,deseribe_d as follows! -. -. --' '-- Beginnlrig -atthemost easterly eomer of said Parcel No. '2; Thence along the southeasterly lines of said Parcel No.2, the following two courses: 1. Thence South 38°23'10" West"68,00 feet; 2. Thence North 5 1°36'50" West, 2.57 feet; Thence North 08°39'58" East. 99.20 reel, to a point of cusp, being on the easterly line of sald Parcel No. I: Thence along said easterly Hne, southerly, along a tangent curVe to the left, having a radius of 36.00 feet, whose center bears South 81°20'02" East, through a central angle of 60°16'49" for an arc length of 37.87 feet, to tlle northeasterly line of Parcel No.2; Thenee along said northeasterly line. South 51·36'50" East, 20.49 feet, to the Point of Beginning. . 112141)3J)& • 17· __ Pl_IliDl ,.,.,...... W8tet Featue ~ (SO) i!Jll c.teh Ib:$in l,$0} "'.. Jnlet{SO) " -ISO) <10", 0t.4fd (SO) ,-, W;<~ (SO) ,-F!l)e.UBh(WT) ..--Pipe. SeNce (WT) ____ PPl, Main H}'dr.rIlt (WTj ""..-C1'I'Juin; ~1'I9'(Wi) n CoI.Iping, ~ (WT) .. ~~(WT) i1 F'MjI'JO,~twn Q ~1(Wt} ~ fHlter, htail'I ('Wi) ~ ~.$~O'(WT) " -lWll X !Itr! strudimII fIbdO, M'M (\¥'I) o Valle, Uair1 ('oVT) 'f' vfiIio.&, Air ReIi~(WT) o VR,6aNce(Wl) o VN. HyOr1nt (WT) " Vb. B1OwIJftwt} .1Ii!Ie Text (\NT) .--P~. ~(GS) :;: c.atra' Ff.ting (OS) -. COp (GOl $ Pipe. SeNe.e ~ I,'GS) ;! ~~er(GS) V ~ ReMer(GS) ~,...~ .. ' Cn:r;w.g C3:!;11lg [GS} ,.",-FI\!I'I,:;e(GS) Meter, Si!Jt\ice (GS) 3 Weter, Senk:eCtrb(GS) .,..-p~. Man (GS) 9~" TIIb1 (GS) o v ..... Ma,!t, (GS) o v8he,$~(m-} ;:" V~. tlrIp (GiS} ",.--Pi~ Late:af (WW) Fi!t~~(iNWr. .,..-Pipe. 1.fI:Ml PabAtto ()M1od(WYll) .-"'" ~. Main I'Iot City o.ned (W'W) ".~'-. CtonI('9 Casing ~ 0" ~. Meil'l (WW) ~'. ~. L.atai'al (WIN) y \tIQ'I S~ NtdQ,. MlSntNNJ F1~ Tee(WW) :011 FItting. Ph:g (:N'N; \to MIri'oIe. M.Sn (WYII} ~/ I.am~~ 'Main (rII'M \i A",1ing tiet, MIn rN'M i\ ~ r:.ap (WW) ~~ 'JlQ:rt~ ~ ~tahtI, III" (W'N) • PeinI 'Tap (YM) ~~Mo.!".iI\o$II'N"'#<~1"f"~fJ:.;,p~J'W:tQ>T!l'!.t;!~I'IoW*.;~".:ml:i!'!:IrNI'II!Qt!':I$-=~ l' i, Kelly Parcel. To Be Deeded To City o 1t\. to;" ,.r Palo ABo ~ Q 3! .. ~ o-iI = '1'WII:",,"WI fI--=<>fe<l ~Qf~II.#I>GIft ~ . ;. LEGEND (R) P.O.B. RADIAL BEARIHG POINT OF BEGIHNING 4p 80 I I 80 FT. SAN ANTONIO ROAD -----~-------------- CITY OF PALO ALTO --_···-CiTV-OF MouNiAlt~" V:::IE:,-W-L...--------j-~~--i 111100al<l,,,,d Rood 95131 "PALO CITY PARCEL """'.T 1 " , .-~.-.-.... -"~ ... ~~.'". ATTACHMENTD· r I, , . ----I " , ATTACHMENTE 1-1 'r-;l '~ ~ ~ ~ b u \ ~ fj ~ CI':l CI':l -< ~ ~ j I ~ ~ I '" , IJ) i ,. _i