HomeMy WebLinkAbout2000-01-18 City Council (14)TO:
FROM:
City of Palo Alto
City Manager’s Report
.......
HONORABLE CITY COUNCIL
,CITY MANAGER DEPARTMENT: ADMINISTRATIVE
SERVICES
DATE:
SUBJECT:
JANUARY 18, 2000 CMR: 108:00
AMENDMENT TO THE LEASE FOR EL CAMINO PARK
BETWEEN THE CITY OF PALO ALTO AND THE BOARD
OF TRUSTEES OF THE LELAND STANFORD JUNIOR
UNIVERSITY AND THE ~ASSIGNMENT AND ASSUMPTION
OF SUBLEASES FOR THE RED CROSS, SHERATON
HOTEL AND MACARTHUR PARK RESTAURANT
RECOMMENDATION
Staff recommends that Council approve the Fifth Amendment (Amendment) to the
1915 Lease between the Board of Trustees of the Leland Stanford Junior
University (Stanford) and the City of Palo Alto (City) for El Camino Park and the
Assignment and Assumption of the Subleases for the Red Cross, Sheraton Hotel
and MacArthur Park Restaurant. (Assignments). The Amendment and
Assignments implement provisions of the 1997 Development Agreement between
Stanford and the City for the Sand Hill Corridor Project.
BACKGROUND
The City and the Board of Trustees of Stanford are the parties to a lease for El
Camino Park, dated June 10, 1915, as amended by the First through Fourth
Amendments to the Lease (Lease). The current Lease includes land that is park-
dedicated, known as El Camino Park; as well as the areas the City subleases to the
Sheraton Hotel, MacArthur Park Restaurant, Red Cross and the Valley
Transportation Authority (the train depot area).
On June 30, 1997, Council approved the Development Agreement between the
City of Palo Alto and the Stanford Board of Trustees Stanford (CMR:301:97) for
the Sand Hill Corridor Project. The Sand Hill Corridor Project includes the
Stanford West apartment housing and senior housing, the Stanford Shopping
Center expansion and the Sand Hill Road widening and improvements.
CMR:108:00 Page 1 of 3
DISCUSSION : :
The Development ~ ’Agreement provides for a new ~arrangement ensuring an
extended lease of the park-dedicated areas of the E1 Camino Park open space and
recreational fields by the City, in exchange for returning other parts of the lease
(including Red Cross, Sheraton Hotel, and MacArthur Park Restaurant) to
Stanford. Under the Development Agreement, the following changes become
effective when the first building permits are issued for the Stanford West
apartment or Stanford West senior housing projects: 1) the leased properties_,.
except for the dedicated parkland and the train depot area revert back to Stanford;
2) the lease for the dedicated parkland is extended from 2013 to 2033 at a rent of
one dollar per year with no change to the rent for the. train depot area; and 3) the
lease for the train depot, area (see map att~ached as Exhibit H-2) is extended to
2033,and remains under-the current terms and conditions, including the right toe
terminate as of 2013.~ Stanford-was issued the first buildingpermit, on October 12,
t999. In accordance with the Development Agreement, the attached Amendment
inciudes these changes to the Lease. To complete the new arrangement, the City
must assign its subleases for the property excluded from the Lease. The attached
three Assignments will assign to Stanford the City’s rights, title "and interest in the
subleases, respectively, for the Red Cross, Sheraton Hotel and MacArthur Park
Restaurant, and Stanford will assume the City’s obligations under the subleases.
RESOURCE IMPACT
The new lease arrangement will have a positive fiscal impact for the City. Based
on assumptions outlined on pages 13 and 14 of the June 30, 1997 staff report
(CMR:301:97, "Findings and Conditions of Approval for the Stanford Sand Hill
Corridor Projects"), the value to the General Fund in non-present value dollars for
the lease, arrangement, which includes the 20-year extension to the ’lease for
dedicated parkland, is estimated to be $26.3 million.
POLICY IMPLICATIONS -
The Lease Amendment and Assignments are consistent with City policies and past
Council action.
TIMELINE
If approved by Council, the attached Amendment ahd Assignments will become
effective as of October 12, 1999.
ENVIRONMENTAL ASSESSMENT
The environmental impact report (EIR)~ was certified as adequate by the City
Council on June 30, 1997.
CMR:108:00 Page 2 of 3
ATTACHMENTS
Attachment A: ,Fifth Amendment to Lease ~
Attachment B: Assignn~.ents and Assumptions of Subleases
PREPARED BY: Donna Hartman, Financial Analyst
DEPARTMENT HEAD APPROVAL:
CITY MANAGER APPROVAL:
Directctr, Administrative Services
Assistant City Manager
cc: Stanford Land Management
CMR:108:00 Page 3 of 3
ATTACHMENT A
Fifth Amendment to Lease
This Fifth Amendment to ~@~iSe (the "Amendment") is made and
entered into as of , 1999 by and between the BOARD
OF TRUSTEES OF THE .LELAND STANFORD JUNIOR UNIV~ERSITY, a body having
corporate powers under the laws of ’ the .State of California
("Lessor"), and THE CITY OF PALO ALTO, a California municipal
corpor~,tion ("Lessee") .
A. Lessor and Lessee are the parties to that certain lease
dated June i0, 1915, as ~amended by the First through Fourth
Amendments to the Lease (collectively, the "Lease"), pursuant to
which Lessee leases from Lessor those certain parcels of land (the
"Leased Premises"), being a portion of the lands of the Leland
Stanford Junior University, as more particularly described in the
Lease. -.
B. Lessor and Lessee now desire to further amend the Lease
~to implement the terms of that certain Development Agreement dated
August 14, 1997, between the parties hereto (the "Development
Agreement").
NOW, THEREFORE, the parties hereby agree to amend the Lease as
follows:
I. Modification of the Leased Premises. In accordance with
the Development Agreement, the Leased Premises are hereby defined
and so modified to include only (I) ~those portions of the Leased
Premises that are currently dedicated for park purposes, pursuant
to, and as described in Section 22.08.230 of the Palo ~Alto.
Municipal Code (the ~Park"), and (2) that portion of the Leased
Premises which includes the train depot area, (the "Depot"), both
as more particularly identified and described on the attached
Exhibit "H-2". The~property to be excluded from the Lease (the
"Excluded Property") is also shown on Exhibit "H-2".
2. Extension of Lease Term. The term of the Lease is hereby
amended to extend to June 30, 2033; provided, however, that Lessee
shall have the right to terminate the Lease as to the Depot only as
of February 26, 2013, and assign any subleases it then has with
respect to the Depot to Stanford. Lessee will endeavor to provide
ninety (90) days prior written notice of its intent to terminate
the Lease; provided, however, that failure to do so shall not
affect Lessee’s right to terminate.
3. Rent. As of the effecti.ve date of this Fifth Amendment,
the rental rate for the Park shall be One Dollar ($I.00) per year,
for the remainder of the Lease term. There shall be no change to
the rent for the Depot.
4. Effective Dat@. This Fifth ’Amendment shall be effective
as of October 12, 1999, the date Lessor is issued the first
building permit for either~the Stanford~West Apartment Project or
the Stanford West Senior Hous±sg~:~roject, in accordance with the
Development Agreement.
5. Assignment of Subleases. To effec~ .~h~ purpose of this
Amendment, ~e~se~ shall~ assign to Lessor any subleases ~t now has
with respect to the Excluded Property, and Lessor agrees to accept
such assignments.
6. ~iEffect 0f Ameldment. ~ Except as modified.~ by this_
Amendment, the Lease shall remain in full force and effect. - ~
IN ~W~T~ESS WHEREOF~~ t~e parties have executed th~~ Fi~fth
Amendment to Lease as of the date first ab6ve written. ~
CITY OF PALOALTO, a mgnicipal
corporation
THE BOARD OF TRUSTEES OF THE
LELAND STANFORD’JUNIOR
UNIVERSITY
Mayor
ATTEST:
City Clerk
By: The Stanford Management
-Curtis Feeny, ~ve ~
Vice President,~ Estate
APPROVED AS TO FORM:
Senior Asst. City ~ttorney
RECOMMENDED FORAPPROVAL:
City Manager
Manager, Real Property
ATTACHMENT B
This document is recorded for the.
benefit of the City of Palo Alto
and is entitled to be recorded
free of charge in accordance with
Section 6103 of the Governmen>t Code
After Recordation, mail to:
OFFICE OF THE CITY ATTORNEY
250 Hamilton Avenue
Palo Alto, CA 94301
Project:CMI/2-99/I
MacArthur Park.Assignment
~ASSIGNMENT AND ASSUMPTION OF ’SUBLEASE
THIS ASSIGNMENT AND .ASSUMPTION OF SUBLEASE, dated as of
October 12, 1999, is by and between the CITY OF .PALO ~ALTO,. a
California municipal corporation ("Assignor’l) and the BOARD OF
TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY, a body having
corporate powers under the laws of the State. Of California
("Assignee").
RECITALS
A. Assignor and Assignee are the parties to that certain
lease dated June i0, 1915, as amended bythe First through Fifth
Amendments to the Lease (collectively, the "Lease"), pursuant to
which Assignor leases from Assignee certain portions of the lands
of the Leland Stanford Junior University, as more particularly
described in the Lease.
B. Assignor and Assignee are also parties to that certain
Development Agreement, dated August 14, 1997 ("Development
Agreement"). In accordance with the Development Agreement, the
parties entered into the Fifth Amendment to the Lease, Under which
amendment, certain real property, commonly known as 27 University
Avenue, Palo Alto, California, more particularly described in
Exhibit "A", attached hereto and incorporated herein (the "Sublease
Property"), formerly leased to Assignor, was excluded from the
Lease.
C. Assignor subleases the Sublease Property under that
certain sublease dated as of March 23, 1981, by and between William
1
990902 sd10032245
COx, Jr., assigned on November 5, .1982 to _Spectrum Foods, Inc. and
Assignor (the "Sublease").
D. In accordance with the Development Agreement, Assignor
deiires to assign to Assigneg~iall of its interest as the sublessor.
under, the Sublease, and Assi~n~ desires to accept the assignment
thereof. !~ ~.~
NQW, THEReFORe, for mutual valuable consideration, the receipt
~and adequacy of which are hereby acknowledged, the parties hereby
agree as follows:
Io Assignor hereby assigns to Assignee all of Assignor’s
right, title and interest as sublessor in, to and under the
Sublease, and agrees to indemnify, def@9d and hold Assignee
harmless from and against .any and all losse~, costs; claims,
damages, liabilities andexPenses, including withou~ limitation,reasonable a{torneys’ fees and expenses, arising out of Assignor’s
obligations under the Sublease and-originating prior to the date of
this.Assignment.
2. Assignee. hereby assumes all of the sublessor’s
obligations under the Sublease, and agrees to indemnify, defend and
hold Assignor harmless from and against any and all losses, costs,
claims, damages, liabilities and expenses, including without
limitation, reasonable attorneys’ fees and expenses, arising out of
the sublessor’s obligations under the Sublease and originating prior
to the date of this Assignment.
3. In the event of any litigation between Assignor and
Assignee arising out of the obligations of the parties under thi’s
Assignment or concerning the meaning or interpretation of any
provision contained herein, the losing party shall pay the
prevailing party’s costs and expenses of such litigation,.incl~ding,
without limitation, reasonable attorneys’ fees and expenses.
4. This Assignment shall be binding on and inure to the
benefit of the parties hereto, their heirs,executors,
administrators, successors in interest and assigns.
5. This Assignment may be executed in one or more
counterparts, each of which shall be deemed an original, but all of
which shall constitute one and the same instrument.
//
2
990902 sd10032245
TN WXTNESS WHEREOF, the parties hereto have duly executed this
Assignment as the date first above written.
CI~TY OF PALO ALTO, a municipal
corporation ~ ; ~~,~ ~:
Mayor
City Clerk
APPROVED AS TO FORM:
Senier Asst. City httorney
THE BOARD OF TRUSTEES,OF THE
LELAND sTANFORD JUNIOR
UNIVERSTITY
By: T’he, Stanford Management
Compa~ny ’ ¯
Vice President--ate
RECOMMENDED FOR APPROVAL :
City Manager
Manager, Real Property
990902 sd10032245
3
CERTIFICATE OF ACKNOWLEDGMENT
(Civil Code ~ 1189)
COUNTY OF %o_~- ~ ).,.--
On ~. k% , 199~, before me, ~ ~ , a
Notary Public in and for said County and ~tate, personally appeared
, personally known to me or proved
to me on the basls 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.
WITNESS my hand and official seal.
Signature of Notary"Public
990902 sdl 0032275
EXHIBIT
STREET
REAL:
This document is recorded for the
benefit~of the City of Palo Alto
and is entitled to be recorded
free of charge in accordance with
Section 6103 of the Governm~ode
After Recordation, mail to:
OFFICE OF THE CITY ATTORNEY
250 Hamiiton Avenue
Palo Alto, CA 94301
Project: 5/1-99/2
Sheraton Assignment
ASSIGNMENT AND ASSUMPTION OF SUBLEASE
THIS ASSIGNMENT AND ASSUMPTION OF .SUBLEASE, dated as of
October 12, 1999, is by and between the CITY OF PALO ALTO, a
California municipal corporation .("Assignor") a~d .the BOARD OF
TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY, a body having
corporate powers Under the laws of the State of Califo~rnia
("Assignee").
RECITALS
A. Assignor and Assignee are the parties to that certain.
lease dated June I0, 1915, as amend4d by the First through Fifth
Amendments to the Lease (collectively~ the "Lease"), pursuant to
which Assignor leases from Assignee certain portions of the lands
of the Leland Stanford ~unior ~University, as more particularly
described in the Lease.
B. Assignor and Assignee are also parties to that certain
Development. Agreement, dated August 14, 1997 ("Development
Agreement"). In accordance with the Development Agreement, the
parties entered into the Fifth Amendment to the Lease, under which
amendment, certain real property, commonly known as 625 E1 Camino
Real, Palo Alto, California, and more particularly described in
Exhibit "A", attached hereto and incorporated herein (the "Sublease
Property"), formerly leased to Assignor, was excluded from the
Lease.
C. Assignor subleases the Sublease Property under that
certain sublease dated as of June 30, 1971, by and between Pacific
Hotel Development Venture, a joint venture assigned on August 20,
990902 sd10032273
1998 to Pacific Hotel Development Venture, LP and Assignor (the
"Sublease") . ~ ...... ~ ~ ._ ~
D. In accordance with ~h~ De~10pment Agreement, Assignor
desires to assign to Assigne#!a~.l of its interest as the sublessor
under the Sublease, and Assigde~-desires to accept the assignment
thereof, _..- ~..,~ . ~
NOW, THEREFORe, f~- mutual valuable cohsideration, the receiPt
and adequacy of which are hereby.acknowledged,~the parties hereby
agree as follows:
I. Assignor hereby ass.±gns to Assignee all of Assignor’s
right,, title an~ interest as sublessor in,,..to and ~under the
Sublease, -~a~d ~grees ~o ~in~emnify, -~defend and hold Assigneeharmless from "i~d agaihst.~.~n=~~ and al~ losses, cost~, claims,
.damgge~, liabilities and expenses, includihg without-limitatibn,
reasonable attorneys’ fees and expenses, arising out ofAssignoZ’s
obligati~ons’u~der the Sublease andbriginating prior to the date of
this Assignment.~
2. Assignee hereby assumes all of the sublessor’s
obligations under the Sublease, ~and agrees to indemnify, defend and
hold Assignor harmless from and against any and all losses, costs,
claims, damages, liabilities and expenses, including without
limitation, reasonable attorneys’ fees and expenses, arising out of
the sublessor’s obligations under the Sublease and originating prior
to the date of this Assignment.
3. In the event of any litigation between Assignor and
Assignee arising out of the obligations of the parties under this
Assignment or concerning the meaning or interpretation of any
provision contained herein, the losing party shall pay the
prevailing party’s costs and expenses of such litigation, including,
without limitation, reasonable.attorneys’ fees and expenses.
4. This Assignment shall be binding on and inure to the
benefit of the parties hereto, their heirs,executors,
administrators, successors in interest and assigns.
5. This Assignment may be executed in one or more
counterparts, each of which Shall be deemed an original, but all of
which shall constitute one and the same instrument.
//
990902 sd10032273
IN WITNESS WHEREOF, the parties hereto have duly executed this
Assignment as hhe date first above written.
CITY OF PALO ALTO, a municipal~
corporation
THE BOARD OF TRUSTEES OF THE
LELAND STANFORD JUN I OR
Mayor
ATTEST:
By." Th~ Stanford Management
By: Cur t i ~---~eny~ut~e
Vice Pr e s i dergt~-R~a~E s taie
City Clerk
APPROVED AS TO FORM:
Senior Asst. City A~torney
RECOMMENDED FOR APPROVAL :
City Manager
Manager, Real Property
990902 sd10032273
STATE OF
COUNTY OF
, 199~, before me,__ ~ ~ ~ ~_, a
Notary Public in and for said County and State, p~rso~ally appeared
__ ., personally kn6wn to me or prov~d
to me on the bas~s of satisfactory evidence to b~ the person(s)
whose name(s) is/are subscribed to the .within instrument and
acknowledged to me that he/she/t~ey executed the same in
his/her/their authorized capacity(fes), and that by ~is/her/their
signature(s) on the instrument the person(s), or the enhity, upon
behalf of Which the person(s), acted, executed the instrument.
WITNESS my hand and official seal.
ELLEN SMITH
COMM. # 1200590
NOTARY PUBLIG-CALIFORNIA
SAN MATEO COUNTY Signature of Notary Public
4
990902 sd10032275
EXHIBIT.. "A"
DESCRIPTION
BEGINNING at .a concrete mon~ent in the southwesterly line of E1
Camino Real opposite states’Highway Engineers Station 18+15.24;
thence No 43° 15’ E. 50.00 feet to, the centerline of said State
Highway; thence S. 46° 45" E. alon~ Said centerline 48.00 feet;
thence N. 43° 15’ Eo 74.41 feet to a point,on the northeasterly
line ~of said Highway; thence S. 51° 13’ 12" E. along said
northeasterly line of.said Highway and its prolongation 756.38 feet
to an angle point; thence S. 35° 36’ 26" E. along the prolongation
of said northeasterly line 60.08 feet to the true point of
beginning; thence continuing S. 35° 36’ 26" E. along said
northeasterly line 633.40 feet; thence leaving said northeasterly
line N. 70° 48’ 12" E. 542.81 feet to a point on the southwesterly
line of the Southern Pacific Railroad Company right-of-way; thence
N. 51° 41’ 59" W. along said southwesterly.right-of-way line 923.22
feet to a point on the southeasterly line of the Southern Pacific
Railroad - University Avenue Undercrossing right-of-way; thence
southwesterly along said southeasterly line along a curve to the
right, having a radius of 380.00 feet, which radius point, bears
N. 77" 14’ 32" W.-from said last named pbint,, through a 6entral
angle, of 29° 12’ 05" for an arc length of 193.67 feet to point of
compound curvature; thence continuing southwesterly along a tangent
curve to the right having a radius of 68.00 feet, through a central
angle of 32° 16’ 34" f6r an arc length" of 38.31 feet tO a point of
reverse curvature; thence southeasterly along the arc of a reverse
curve to the left having a radius of 50.65 feet, through a central
angle 70° 35’ 56" for an arc length of 62o41 feet to the true point
of beginning, .containing 6.687 acres, more or less, and being a
portion of the Rancho Rinconada del Arroyo de San Francisquito,
situated in the City of Palo Alto, County of Santa Clara and State
of California.
releases/holidescp .
EXHIBIT AI
EXHIBIT
EXHIBIT A2
This document is recorded for the
benefi~ of the City of Palo Alto
and is entitled to be recorded
free of charge in accordance with
Section 6i03 of the Governme~"~.Code
After Recordation, mail to:¯
OFFICE OF THE CITY ATTORNEY
250 Hamilton Avenue
Palo Alto, CA 94301
Project: CM 1/2-99/3
Red Cross Assignment
ASSIGNMENT AND ASSUMPTION oF SUBLEASE
THIS ASSIGNMENT AND" ASSUMPTION OF SUBLEASE, dated as of
October 12, 1999, is by and between the CITY OF PALO ALTO, a
California. municipal corporation .("Assignor") and the BOARD OF
TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY, a body.having
borporate powers under the laws of the State of California
("Assignee"). ~
RECITALS
A. Assignor and Assignee are the parties to that certain
lease dated June i0, 1915, as amended by the First through Fifth
Amendments to the Lease (collectively, the "Lease")’, pursuant to
which Assignor leases from Assignee certain portions of the lands
of the Leland Stanford Junior University, as more particularly
described in the Lease.
B. Assignor and Assignee are also parties to that certain
Development Agreement, dated August ~14, 1997 ("Development
Agreement"). In accordance with the Development Agreement, the
parties entered into the Fifth Amendment to the.Lease, under which
amendment, certain real property, commonly known as 400 Mitchell
Lane, Palo Alto, California,~ and more particularly described in
Exhibit "A", attached hereto and incorporated here±n (the "Sublease
Property"), formerly ~leased to Assignor, Was excluded from the
Lease.
C. Assignor subleases the Sublease- Property.under that
certain sublease dated as Of December 29, 1976,’ by and between Palo
1
990902 sd1003.2275
Alto Area Chapter of the American National Red Cross and Assignor
(the "Sublease").
-D. In accordance wfth the Development Agreement, Assignor
desires to assign ~o Assignee""~i~.,~of its interest as the sublessor
under the Sublease, and Assign4e"desi~es to accept the. assignment
thereof :’~ " ’
NOW, TRER~FO~, for mutual valuable consideration, the receipt
and @dequacy of which are hereby acknowledged, the parties hereby
agree as follows:
I., Assignor hereby assigns to Assignee all of ~Assignom!s
right, title and- interest as sublessor in, to and under the
Sublease, and agrees .~to~-~indemnify, defend and hold Assignee
harmless from ~and_ agains% any and all losses, costs, claims,
damages, liabilities and expenses, ~includidg~without limitation,
reasonable atto~neys’~fees and expenses~, ~ri~sing out of Assi$~or’s
obligations under the Sublease and originating’~rio~ to’the date of
this Assignment.
2. Assignee hereby assumes all -of the sublessor’s
obligations under the Sublease, and agrees to indemnify, defend and
hold Assignor harmless from and against any and all losses, coshs/
claims,~ damages,~ liabilities and expenses, including without
limitation, reasonable attorneys’ fees~and expenses, arising out of
the sublessor’s obligations underthe Sublease and originating prior
to the date of this Assignment. .~
3. In the event of any litigation between Assignor and
Assignee arising out of the obligations of the parties under.this
Assignment or concerning the meaning or interpretation of any
provision contained herein, the losing party shall pay the
prevailing party’s costs and expenses of such litigation, including,
without limitation, reasonable.attorneys’~ fees and expenses.
4. This Assignment shall be binding on and inure to the
benefit of the parties hereto, their heirs,executors,
administrators, successors in interest and assigns.
5. This Assignment may be executed in one or more"
counterparts, each of which shall be deemed an original, but all of
which shall constitute one and the same instrument.
//
2
990902 sd1003227:5
IN WITNESS WHEREOF, the parties hereto ~hav~e duly executed this
Assignment as the date first above written.
CITY’ OF PALOALTO, a municip~i:,j:,~,~ THE BOARD OF TRUSTEES OF THE
corporation
Mayor
ATTEST :
City Clerk
APPROVED AS TO ,FORM:
Senior Asst. City Attorney
LELAND STANFORD JUNIOR
VERST ,T
By: The Stanford Management
RECOMMENDED FOR APPROVAL:
City Manager
,Manager, Real Property
3
990902 sd| 0032275
CERTIFICATE OF ACENOWLEDGMENT
(Civil Code ~ 1189)
On ~. ~ , 199~,- before me, ~ ~ , a
Notary Public in and for said County and State, personally appeared
, personally known to me or proved
to me on the basis of satisfactory evidence to be the person(s)
whose name(s) is/are subscribed to the ..within instruraent 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.
WITNESS my hand and official seal.
COMM. # 1200590
ORNIASAN MATEO COUNTY
COMM. E,XP. DEC. 2, 2002 Signature of Notary Public
4
990902 sd10032275
EXHIBIT "A"
LEOA L DEscRIPTION
Area Leased to P~LO’ALTO AREA .~,HAPTER OF THE AMERICAN RED CROSS
All thai"r’eal propert~ in- the City. of Pal~. A’lto,
State of California, descr:ibe~!.a~ follo:w’s: .
County of Santa Clara,
COMMENCING ~t the intersection of the southwesterly line of the
S, outher.n Pacifi,c Railroad Company’s rightrof-way, 230 feet in ’
width, (as described in that certain easement of Leland Stanford
to the Southern Pacific Railroad Company, dated November 23,
,~,89,g,~and recorded October Z8, 1915, in Volume 435 of~Deeds at
pa~e Z44,~,Santa Clara County Records, ~n which the bearin~ of
said hne ~s called North 51 Z8. ~est, w~ch line is also the
southwesterly’lin~ of tha~"certain easement (Palo Alto Agreement
No. ZZ4) granted by the S’outhern Pacific Railroad Company to the
.City of Palo Alto~byAgreement dated October 2, 1939, and recorded
November Z7, 1939 ~ Book 954 of ~fici~lRecords, page 567,
Santa Clara County Records~ with the center line of University
Avenue produced southwesterly, as said University Avenue exists
75 feet in width (said intersection being the most easterly point
.of Parcel 1 as described in that certain lease of the Board of
Trustees of Leland Stanford Junior Uffi~ersity to the City of Palo
Alto (Palo Alto Lease No. 3) dated June 10, 1915 and recorded by
Stanford University on Sept4mber 23, 1915, in Vol. P of Leases
page 333 et seq., Santa Clara Co~ty Records, in which the bearing
of said line is called North 51 ~45’ West); thence North 51 "45’ West
along said southwesterly line a distance of 467.50 feet to ~e inter-
section of.saidl~e’ of right-of-way with the center line of Lytton
Avenue (prolonged); thence South 38" 15’ West, along said center
line of Lytton Avenue (prolonged), a distance of 81.00 fee~ to a
point on the southwesterlymost line of Parcel No. Z, City of Palo
Alto Agreement No. 46, dated October Z, 1939 ~nd recorded October
30, 1939 in Book 951 of Official Records, page 580, Santa Clara
County Records, which point is the true point of commencement;
thence South 51 ~45’ East, along said southwesterlymost line, a
distance of ZS. 00 feet; thence South 38~ 15’ West a distance of 1Z0.00
feet; thence North 51 "45’ West a distance of Z00.00 feet; thence
~North 38 ~ 15’ East a distance of 1Z0.00 feet to a point on the above
mentioned southwesterlymost line of Parcel No. Z; thence South 517
45’ East a distanceof 175.00 feet along said line to the true point of
commencement, dontaining an area of 0.551 acres, more or less.
EXHIBIT