HomeMy WebLinkAbout4.09 Union Pac Railrd Agmt Amendor
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DATE:
TO:
FROM:
STAFF REPORT
CITY COUNCIL
June 18, 2013
Honorable Mayor and City Councilmembers
Joni Pattillo City Manager""'
CITY CLERK
File #600 -30
SUBJECT: First Amendment to Agreement to Assign and Assume the Purchase and Sale
Agreement for Two Parcels of Union Pacific Right of Way
Prepared by Paul McCreary, Parks and Community Services Director
EXECUTIVE SUMMARY:
On March 18, 2013, the City Council approved an Agreement with UP Amador, LLC to assign
and assume the purchase and sale agreement held by UP Amador, LLC, with the Union Pacific
Railroad. The Agreement includes two parcels (APN Numbers: 941 - 2768- 006 -02 and 941-
0550- 023 -04). Additionally the City Council initiated a General Plan Amendment Study on APN
941 - 2768- 006 -02 to study park and open space uses. UP Amador, LLC, is requesting some
minor amendments to the Agreement related to the closing process and approval of the
Assignment Agreement by Union Pacific Railroad.
FINANCIAL IMPACT:
1101
RECOMMENDATION:
Staff recommends that the City Council adopt the Resolution approving the first amendment to
the Agreement to assign and assume the purchase and sale agreement held by UP Amador,
LLC, with the Union Pacific Railroad.
Submitted B Reviewed By
Director of Parkzand Assistant City Manager
Community Services
DESCRIPTION:
On March 18, 2013, the City Council approved an Agreement with UP Amador, LLC to assign
and assume the purchase and sale agreement held by UP Amador, LLC, with the Union Pacific
Railroad. The Agreement includes two parcels; APN Numbers: 941 - 2768- 006 -02 and 941-
0550- 023 -04). Additionally the City Council initiated a General Plan Amendment Study on APN
Page 1 of 2 ITEM NO. 4.9
941 - 2768- 006 -02 to study park and open space uses. This parcel is adjacent to the Iron Horse
Trail, begins at the City limits to the north and runs south to just beyond Amador Valley
Boulevard to the Alamo Canal Trail.
Since March, Staff has been working with various consultants on the General Plan Amendment
Study, CEQA analysis and the master plan for the potential passive park and open space areas.
Staff has conducted significant outreach via surveys, comment boards on the Iron Horse Trail
and two public workshops. The meetings have been productive with good participation. The
Landscape Architect is using the input to develop a preferred vision for the site that will be
presented to the Parks and Community Services Commission and City Council in August and
September 2013.
UP Amador, LLC, is requesting some minor amendments to the Agreement related to the
closing process and approval of the Assignment Agreement by Union Pacific Railroad.
Attachment 1 is a Resolution with the proposed first amendment to the Agreement attached. In
the existing Agreement, one of the conditions to closing is that the City Council shall have
approved a General Plan Amendment and Zoning Amendment to amend the land use and
zoning on the parcel. Amending the land use and zoning prior to acquisition by the City is not
desirable by the current owner, Union Pacific. Therefore, the amendment alters the closing
condition to provide that the City will close 30 days following the filing of a notice of
determination under CEQA, which would be filed after the City Council approves proceeding
with the acquisition but before approval of the . The City would then assume UP Amador's role
in the purchase and sale agreement, acquire the property, and then change the land use and
zoning designations.
To date, UP Amador has not been able to obtain approval of the assignment by Union Pacific by
the originally agreed -upon date of June 5. Therefore the proposed amendment extends the
deadline for UP Amador to obtain approval from Union Pacific to July 5, 2013. The Amendment
further gives the City Manager authorization to extend the deadline to August 5, 2013 if
necessary.
NOTICING REQUIREMENTS /PUBLIC OUTREACH:
A copy of the Staff Report was sent to UP Amador, LLC.
ATTACHMENTS: 1. Resolution approving the First Amendment to the Agreement to
assign and assume purchase and sale agreement and escrow
instructions with UP Amador, LLC
2. First Amendment to the Agreement to assign and assume purchase
and sale agreement and escrow instructions with UP Amador, LLC
Page 2 of 2
RESOLUTION NO. XX - 13
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
* * * * * * * * * **
APPROVING FIRST AMENDMENT TO AGREEMENT
TO ASSIGN AND ASSUME PURCHASE AND SALE AGREEMENT
AND ESCROW INSTRUCTIONS WITH UP AMADOR, LLC
WHEREAS, on March 18, 2013, the City Council approved an Agreement with UP Amador,
LLC to assign and assume the purchase and sale agreement held by UP Amador, LLC, with the
Union Pacific Railroad, and the escrow instructions; and
WHEREAS, the Agreement includes two parcels (APN Numbers: 941 - 2768- 006 -02 and 941-
0550- 023 -04); and
WHEREAS, on March 18, 2013, the City Council initiated a General Plan Amendment Study
on APN 941 - 2768- 006 -02 to study park and open space uses; and
WHEREAS, the City and UP Amador, LLC wish to modify the terms of the acceptance of the
assignment by Union Pacific Railroad, and one of the conditions to closing.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does
hereby approve the first amendment to the Agreement with UP Amador, LLC to assign and
assume the purchase and sale agreement held by UP Amador, LLC with the Union Pacific
Railroad, attached hereto as Exhibit A.
BE IT FURTHER RESOLVED that the City Manager is authorized to execute the
amendment, attached hereto as "Exhibit A. ", including any non — substantive changes thereto,
including extending by 30 days if necessary the deadline for approval of the assignment by
Union Pacific Railroad.
PASSED, APPROVED AND ADOPTED this 18th day of June, 2013, by the following
vote:
AYES-
NOES-
ABSENT-
ABSTAIN-
ATTEST-
City Clerk
Mayor
ATTACHMENT 1
FIRST AMENDMENT TO AGREEMENT TO ASSIGN AND ASSUME
PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS
THIS FIRST AMENDMENT TO AGREEMENT TO ASSIGN AND ASSUME PURCHASE
AND SALE AGREEMENT AND ESCROW INSTRUCTIONS (this "Amendment "), is made as of
the 18th day of June, 2013 ( "Effective Date "), by and between U.P. Amador, LLC, a California
limited liability company ( "Assignor "), and the City of Dublin, a California municipal corporation
( "Assignee "). Assignor and Assignee are collectively referred to herein as the "Parties ".
Capitalized terms not defined herein shall have the meaning ascribed to them in the Agreement
(defined below).
RECITALS
A. Assignor and Assignee are parties to that certain Agreement to Assign and
Assume Purchase and Sale Agreement and Escrow Instructions, dated March; 2013 ( "the
Agreement ").
B. The Agreement contains certain timelines for obtaining approval of the Seller to
the assignment and for the City to close the purchase of the Property.
C. The Parties now desire to extend the time period during which the Assignor has
to seek the approval of the seller and to redefine when the City is obligated to close on the
purchase.
AGREEMENT
Section 1. Amendment to Section 6. Section 6 to the Agreement is amended to
read as follows:
"6. Consent to Assignment /Conversion to Purchase and Sale Agreement).
Pursuant to Section 12.3(x) of the Purchase and Sale Agreement, Seller's
consent is required for the assignment contemplated by this Agreement to
Assign. In the event that Assignor is unable to provide written confirmation of
Seller's consent prior to July 5, 2013 (or such later date as may be preapproved
in writing by the City Manager), then the proposed assignment shall fail. In that
event, the Parties hereby agree to enter into the purchase and sale agreement
attached hereto as Exhibit D ( "Future Purchase and Sale Agreement ")."
Section 2. Amendment to Subsection 7.1.2. Subsection 7.1.2 of the Agreement is
amended to read as follows
"7.1.2 The City of Dublin City Council shall have, after
appropriate environmental review of the project under the a California
Environmental Quality Act ( "CEQA "), approved proceeding with closing if no legal
challenge has been filed with 30 days following the filing of a notice of
determination in accordance with Section 10 herein."
Section 3. Amendment to Section 10. Section 10 of the Agreement is amended to
read as follows:
"10. Close of Escrow. In the event consent from Seller to this Agreement
to Assign is timely obtained, then Escrow shall close under this Agreement to
Assign pursuant to an "Assignment and Assumption" in the form attached hereto
as Exhibit C. Escrow shall Close within five (5) days of the date that is 30 days
following the filing of a notice of determination with Alameda County concerning
the project, but in any event no later than October 31, 2013. Assignee
acknowledges and agrees that it will not approve General Plan Amendment or
Zoning Amendment prior to the City of Dublin taking title to the Property. In the
event that consent of Seller to this Agreement to Assign is not obtained prior to
July 5, 2013, as required by Section 6 herein, then Escrow shall Close pursuant
to the terms and conditions contained in the "Future Purchase and Sale
Agreement" attached hereto as Exhibit D. In the event that Assignee does not
Close Escrow by October 31, 2013, Escrow shall terminate and Assignor shall
retain the One Hundred Thousand Dollar ($100,000) Assignee's Deposit as its
sole remedy."
Section 4. This Amendment may be executed in counterparts, each of which shall be an
original and all of which counterparts taken together shall constitute one and the same
instrument. Signatures delivered in electronic format (by e-mail in PDF format) or by facsimile
shall be treated as originals.
Section 5. The Agreement and this Amendment contain the entire understanding
between the parties relating to the transaction contemplated hereby, and all prior or
contemporaneous agreements, understandings, representations and statements, oral or written,
are merged herein and shall be of no further force or effect. No provision of this Agreement
may be amended, waived, or added except by an instrument in writing signed by the Parties
hereto. The exhibits attached hereto are incorporated herein by this reference.
IN WITNESS WHEREOF, Assignor and Assignee have executed this Agreement to
Assign as of the day and year first written above.
2
ASSIGNOR:
U.P. Amadorr, LLC, a alifornia limited liability company
Name: A6vI �A14tiWAJA
Title: 1A'5-w ,
ASSIGNEE:
City of Dublin, a California municipal corporation
LM
ATTEST:
APPROVED AS TO FORM:
2091772.1
Joni Pattillo, City Manager
Caroline Soto, City Clerk
John Bakker, City Attorney
3
AGREEMENT TO ASSIGN AND ASSUME
PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS
THIS AGREEMENT TO ASSIGN AND ASSUME PURCHASE AND SALE AGREEMENT AND
ESCROW INSTRUCTIONS (this "Agreement to Assign "), is made as of the 19`" day of March,
2013 ( "Effective Date "), by and between U.P. Amador, LLC, a California limited liability
company ( "Assignor "), and the City of Dublin, a California municipal corporation
( "Assignee "). Assignor and Assignee are collectively referred to herein as the "Parties ".
Capitalized terms not defined herein shall have the meaning ascribed to them in the Purchase
and Sale Agreement (defined below).
RECITALS
A. On January 31, 2012, Assignor's predecessor in interest, MVP Development California,
LLC, a California limited liability company ( "Purchaser "), and Union Pacific Railroad Company,
a Delaware Corporation ( "Seller "), entered into that certain Purchase and Sale Agreement and
Escrow Instructions ( "Purchase and Sale Agreement ") for the purchase and sale of real
property (the "Property ") located in the City of Dublin, County of Alameda, State of California,
as further described in Exhibit A attached hereto.
B. On December 20, 2012, Purchaser and Assignor entered into that certain Assignment of
Purchase Agreement, pursuant to which Purchaser assigned to Assignor all right, title, interest
and obligations in, under and to the Purchase and Sale Agreement, and Assignor assumed
same.
C. Assignor desires and intends to sell, and convey to Assignee, and Assignee desires to
purchase from Assignor, all of Assignor's right, title, interest and obligation in, under and to the
Purchase and Sale Agreement, ("Assignor's Interest in the Purchase Agreement ") pursuant
to the terms and conditions herein.
NOW THEREFORE, for good and valuable consideration, the receipt and adequacy of
which are acknowledged, Assignor and Assignee hereby agree as follows:
1. Assignment. Assignor hereby agrees to assign and transfer to Assignee all of
Assignor's Interest in the Purchase Agreement pursuant to the terms and conditions contained
herein.
2. Assumption. Assignee agrees to assume and to perform and observe all of the terms,
conditions, obligations and covenants of Assignor under the Purchase and Sale Agreement to
be performed after the Effective Date of the Assignment contemplated by this Agreement to
Assign.
3. Assignment Consideration.. The Parties agree that in consideration of the Assignment
contemplated by this Agreement to Assign, Assignee shall pay Assignor an assignment fee
equal to the difference between (a) Four Million Six Hundred Fifty Thousand Dollars
($4,650,000) and (b) the balance of the purchase price due under the Purchase and Sale
Agreement at the close of escrow. (the "Assignment Fee ").
4. Assignee's Deposit.
EXHIBIT A TO RESOLUTION
JSS(agcit205)1c
(i) Within three (3) business days of expiration of Assignee's Due Diligence
Period (as defined in Section 5 hereof ) Assignee shall deposit One Hundred Thousand
Dollars ($100,000), into escrow with First American Title Company, as Escrow Holder
(Assignee's Deposit ").
(ii) Assignee's Deposit shall be immediately released by Escrow Holder to
Assignor and shall be credited toward the Assignment Fee.
(iii) Except in the event of default by Assignor or as otherwise specifically
defined hereunder, Assignee's Deposit shall be nonrefundable as Liquidated Damages,
pursuant to Section 8.1 hereof, for the benefit of Assignor
5. Assignee's Due Diligence. Assignee has until and including 11:59 p.m. Pacific Standard
Time on March 19, 2013 (the "Due Diligence Period "), in which to complete its Due Diligence
with respect to Assignee's purchase under this Agreement to Assign, including, without
limitation: (i) review and approval or disapproval of a Preliminary Report dated May 12, 2012
issued by First American Title Company and conditions of title, as accepted by Purchaser, with
respect to the Property; (ii) review of all documentation submitted to Assignee by or on behalf of
Assignor with respect to the condition of the Property; (iii) to the extent permitted by the
Purchase and Sale Agreement, review and approval or disapproval of all physical inspections,
Phase One Environmental Assessments, Phase Two Environmental Assessments, engineering
studies, biological studies, geotechnical studies, and such other feasibility studies as Assignee
conducts; (iv) confirmation that the portion of the Property identified as "Parcel 2" is in
conformance with the City of Dublin General Plan designation as Industrial Land Use; (v)
Review and approval or disapproval of an ALTA survey conducted by Assignee's consultant;
and. (vi) City Council of Dublin approval of this Agreement.
5.1 As required in Section 4 above, Assignee shall indicate its approval of Due
Diligence and election to proceed with this transaction by placing the required deposit into
escrow within three (3) business days of the expiration of the Due Diligence Period. Failure to
make the deposit in a timely fashion shall be deemed a disapproval of Due Diligence and this
Agreement shall terminate with neither party having any additional rights or obligations
whatsoever.
6. Consent to Assignment /Conversion to Purchase and Sale Agreement). Pursuant to
Section 12.3(a) of the Purchase and Sale Agreement, Seller's consent is required for the
assignment contemplated by this Agreement to Assign.. In the event that Assignor is unable to
provide written confirmation of Seller's consent prior to June 5, 2013, then the proposed
assignment shall fail. In that event, the Parties hereby agree to enter into the purchase and sale
agreement attached hereto as Exhibit D ( "Future Purchase and Sale Agreement ").
7. Conditions to Closing.
7.1 Assignee's Conditions to Closing. The following conditions are conditions
precedent to Assignee's obligation to purchase and accept Assignor's Interest in the Purchase
Agreement (the "Assignee's Conditions Precedent ").
7.1.1 Assignor shall have performed all of its material obligations hereunder.
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JSS(agcit205)1c
7.1.2 The City of Dublin City Council shall have approved a City of Dublin
General Plan Amendment and Zoning Amendment to amend the land use and zoning on Parcel
One of the Property, in accordance with Section 10 herein..
7.1.3 At the Closing, if Assignor has obtained the consent of Seller to the
Assignment, the Purchase and Sale Agreement shall be in full force and effect. If consent to
assign is not obtained, Assignor shall have performed all of its obligations under the Future
Purchase and Sale Agreement.
The Assignee's Conditions Precedent are intended solely for the benefit of Assignee. If
any of the Assignee's Conditions Precedent are not satisfied on or before the expiration of the
Due Diligence Period, or the Closing Date, as applicable, Assignee shall have the right in its
sole discretion either to terminate this Agreement to Assign or to waive the Assignee
Condition(s) Precedent.
7.2 Assignor's Conditions to Closing. The following are conditions precedent to
Assignor's obligation to assign Assignor's Interest in the Purchase Agreement (the "Assignor's
Conditions Precedent ").
7.2.1 Assignee shall have received written consent to assignment to Assignor
from Seller, or, in the event that such consent is not obtained, shall have performed all of its
obligations under the Future Purchase and Sale Agreement.
7.2.2 Assignee shall have performed all of its material obligations hereunder.
The Assignor's Conditions Precedent are intended solely for the benefit of
Assignor. If any of the Assignor's Conditions Precedent are not satisfied by the expiration of the
Due Diligence Period, or the Closing Date, as applicable, Assignor shall have the right in its sole
discretion either to terminate this Agreement to Assign or to waive the Assignor Condition(s)
Precedent.
8. Default
8.1 Default by Assignee. In the event that Assignee terminates this Agreement to
Assign following the expiration of Assignee's Due Diligence Period, and for any reason other
than the default of Assignor, such termination shall constitute a default of Assignee, entitling
Assignor, as its sole remedy, to retain Assignee's Deposit as Liquidated Damages for the
breach of this Agreement to Assign, as more specifically provided below:
ASSIGNOR AND ASSIGNEE ACKNOWLEDGE AND AGREE THAT: (i) IT WOULD BE
IMPRACTICAL AND EXTREMELY DIFFICULT TO DETERMINE ASSIGNOR'S ACTUAL
DAMAGES IN THE EVENT OF ASSIGNEE'S DEFAULT UNDER THIS AGREEMENT, WHICH
DEFAULT RESULTS IN ASSIGNEE'S FAILURE TO ACQUIRE THE PROPERTY; AND (ii)
TAKING INTO ACCOUNT ALL OF THE CIRCUMSTANCES EXISTING ON THE EFFECTIVE
DATE OF THIS ASSIGNMENT, ASSIGNEE'S TOTAL DEPOSIT AS PROVIDED AT SECTION
JSS(agcit205)1c
4 OF THIS AGREEMENT IS A REASONABLE ESTIMATE OF ASSIGNOR'S ACTUAL
DAMAGES IN SUCH EVENT, CONSEQUENTLY, IN THE EVENT OF ASSIGNEE'S DEFAULT
UNDER THIS AGREEMENT WHICH DEFAULT RESULTS IN ASSIGNEE'S FAILURE TO
ACQUIRE THE SUBJECT PROPERTY, ASSIGNOR'S SOLE AND EXCLUSIVE REMEDY
SHALL BE TO TERMINATE THIS ASSIGNMENT AND RETAIN ASSIGNEE'S DEPOSIT AS
LIQUIDATED DAMAGES HEREUNDER. ASSIGNOR SPECIFICALLY WAIVES ANY RIGHTS
UNDER SECTION 3389 OF THE CALIFORNIA CIVIL CODE. THE PARTIES HERETO
INTEND THAT THE TERMS OF THIS SECTION 8.1 COMPLY WITH THE PROVISIONS OF
SECTION 1676 OF THE CALIFORNIA CIVIL CODE. ASSIGNOR EXPRESSLY
ACKNOWLEDGES AND AGREES THAT ASSIGNEE'S FAILURE TO ACQUIRE THE
PROPERTY AS A RESULT OF ASSIGNEE'S DUE DILIGENCE PURSUANT TO SECTION 5
SHALL NOT CONSTITUTE AN EVENT OF DEFAULT, WHETHER ASSIGNEE TERMINATES
THE AGREEMENT OUTRIGHT OR REQUESTS AND FAILS TO OBTAIN A PRICE
REDUCTION FROM ASSIGNOR OR OTHER REVISIONS TO THIS AGREEMENT
SATISFACTORY TO ASSIGNEE IN ITS SOLE REASONABLE DISCRETION, AND THAT
TERMINATION PURSUANT TO SECTION 5 SHALL NOT ENTITLE ASSIGNOR TO
LIQUIDATED DAMAGES OR ANY OTHER REMEDY AT LAW OR EQUITY.
Assignor: Assignee:
8.2 Default by Assignor If escrow fails to Close due to Assignor's default
hereunder, Assignee shall be entitled as its sole and exclusive remedies: (a) to terminate this
Agreement and to receive the return of Assignee's Deposit or (b) to enforce specific
performance of Assignor's obligation to assign /convey Assignor's Interest in the Purchase
Agreement. Assignor acknowledges that Assignee would otherwise lack an adequate remedy
at law for Assignor's default and thus the remedy of specific performance must be available to
Assignee. If Assignee does not commence an action for specific performance within thirty (30)
days of the scheduled Close of Escrow then the right to pursue Specific Performance shall be
deemed to have terminated and Assignee shall be entitled only to return of Assignee's Deposit
as a remedy.
9. Payment Upon Closing Assignor and Assignee agree that at the Closing, the
balance of the Assignment Fee shall be due and payable to Assignor. Assignor and Assignee
further agree that except as expressly stated in this Agreement to Assign, Assignee has no
obligation to make any payments to Assignor in connection with Assignee's acquisition of the
Property or assumption of the Purchase and Sale Agreement, including without limitation, for
any expense incurred by Assignor in connection with the examination, appraisal or evaluation of
the Property. Closing costs and title policy costs shall be allocated between Assignee and
Seller in accordance with the provisions of the Purchase and Sale Agreement. In the event that
such costs exceed those contemplated by the underlying Purchase and Sale Agreement (due to
possible calculation based on Assignment Consideration as opposed to the underlying purchase
price in the Purchase and Sale Agreement) Assignee shall be solely responsible for payment of
the costs that exceed those contemplated by the Purchase and Sale Agreement.
10. Close of Escrow. In the event consent from Seller to this Agreement to Assign is
timely obtained, then Escrow shall close under this Agreement to Assign pursuant to an
"Assignment and Assumption" in the form attached hereto as Exhibit C. Escrow shall Close
within five (5) days of the date of approval of a City of Dublin General Plan Amendment and
Zoning Amendment by the City of Dublin as set forth in Section 7 of Exhibit B attached hereto,
but in any event no later than October 31, 2013. Assignee acknowledges and agrees that it
4
JSS(agcit205)1c
may be necessary to process the General Plan Amendment and Zoning Amendments as being
effective only upon the City of Dublin taking title to the Property. In the event that consent of
Seller to this Agreement to Assign is not obtained prior to June 5, 2013, as required by Section
6 herein, then Escrow shall Close pursuant to the terms and conditions contained in the "Future
Purchase and Sale Agreement" attached hereto as Exhibit D. In the event that Assignee does
not Close Escrow by October 31, 2013, Escrow shall terminate and Assignor shall retain the
One Hundred Thousand Dollar ($100,000) Assignee's Deposit as its sole remedy.
11. Indemnity. Assignor shall indemnify, defend (with counsel approved by Assignee)
and hold Assignee and its elected and appointed officers, officials, employees, agents,
contractors and consultants (collectively, "Indemnitees ") harmless from and against any and all
losses, damages, fines, deficiencies, penalties, claims, demands, suits, actions, causes of
action, legal or administrative proceedings, judgments, costs and expenses (including without
limitation reasonable attorneys' fees and court costs) or liabilities of any kind (all of the
foregoing, collectively "Claims ") arising directly or indirectly in any manner in connection with or
resulting from any failure of any of Assignor's representations or warranties set forth in this
Assignment to be true and correct. The provisions of this Section 11 shall survive the close of
escrow for the sale of the Property to Assignee and the termination of the Purchase and Sale
Agreement.
12. Miscellaneous. This Agreement to Assign shall be binding upon and inure to the benefit
of Assignor and Assignee and their respective successors and assigns. This Agreement to
Assign shall be governed by and construed in accordance with the laws of the State of
California, and may not be modified or amended in any manner other than by a written
agreement signed by the party to be charged therewith. In the event of any litigation between
Assignor and Assignee arising out of this Agreement to Assign, the prevailing party shall be
entitled to reasonable attorneys' fees and costs incurred in such action. The Parties hereto
represent and warrant to each other that they have authorized the execution of this Agreement
to Assign by all requisite action and that the person(s) executing this Agreement to Assign on
behalf of the parties hereto have been duly authorized to do so.
This Agreement to Assign, together with the Exhibits attached hereto, which are
incorporated herein by reference, contains the entire agreement between the Parties hereto with
respect to the Purchase and Sale Agreement and the Property, and except as otherwise
expressly provided herein, all prior negotiations or agreements, whether oral or written, are
superseded and merged herein. If any provision of this Agreement to Assign shall be declared
by a court of competent jurisdiction to be invalid or unenforceable, the remaining provisions of
this Agreement to Assign shall not be affected thereby and shall remain valid and enforceable
to the extent permitted by law.
13. Counterparts. This Agreement to Assign may be executed in counterparts, each of
which shall be an original and all of which counterparts taken together shall constitute one and
the same instrument. Signatures delivered in electronic format (by e -mail in PDF format) or by
facsimile shall be treated as originals.
IN WITNESS WHEREOF, Assignor and Assignee have executed this Agreement to
Assign as of the day and year first written above.
JSS(agcit205)1c
ASSIGNOR:
U.P. Amador, LLC, a California limited liability company
By:
Name:
Title:
ASSIGNEE:
City of Dublin, a California municipal corporation
M
ATTEST:
APPROVED AS TO FORM:
Joni Pattillo, City Manager
Caroline Soto, City Clerk
John Bakker, City Attorney
6
JSS(agcit205)lc
EXHIBIT A
PARCEL I
An approximate 12.13 acre parcel north and south ofAmador Valley Boulevard, adjacent to the Iron Horse
Regional Trail, extending north to the city limits with San Ramon and south to the Alamo Canal Trail.
(APN 941 -2768- 006 -02)
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EXHIBIT A TO AGREEMENT
EXHIBIT A
PARCEL 2
An approximate 2.13 acre parcel located at the south of Dublin Boulevard
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