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HomeMy WebLinkAboutLennar Assign & Assump Gramercy PH2RECORDING REQUESTED BY: First American Title Company WHEN RECORDED MAIL DOCUMENT TO: Lennar Homes of California, LLC 2603 Camino Ramon, Suite 525 San Ramon, CA 94583 Attention: Brian Olin 986-0066-031 and 986-0066-032 Lots 16 & 17 of Tract 8367 Dublin, CA 94583 2023047476 04/27/2023 12:31 PM .19PGS OFFICIAL RECORDS OF ALAMEDACOUNTY MELISSAWILK, CLERK -RECORDER RECORDING FEES: $98.00 V Above This Line for Recorder's Use Only File No.: 0131-623153-002 ASSIGNMENT AND'ASSUMPTION OF DEVELOPMENT AGREEMENT AND CONSENT OF CITY (Please fill in \ document title(s) on this line) (X) Exempt from fee under GC 27388.1(a)(2) due to being recorded in connection with a concurrent transfer that is subject to the imposition of documentary transfer tax, or '.I () Exempt from fee under GC 27388.1(a)(1) due to the maximum fees ($225) being paid on. documents in this transaction,, or () Exempt from fee under GC 27388.1(a)(2) due to being recorded in connection with a transfer of real property that is a residential dwelling to an owner -occupier, or () Exempt from fee under GC 27388.1(a) (1); Not related to real property, or, () Document is executed or recorded by the state or any county, municipality, or other political subdivision of the state - GC 27388.1(a)(2) Exempt from fee under GC 27388.1(a) (1) for the following reasons: I NOTE: The following exemptions may not be acceptable for use in all counties: , ()'Exempt from fee under GC,27388.1 due to being recorded in connection with a transaction that was subject to documentary transfer tax which was paid on document recorded as Document No. of Official Records, or Exempt from fee under GC 27388.1 due to the maximum fees having been paid on document(s) recorded as Document No. of Official Records, or. Exempt from fee under GC 27388.1 due to it being recorded in connection with a, transfer of real property. that is a residential dwelling to an owner -occupier. The recorded document transferring the dwelling to the owner - occupier was recorded as Document No. of Official records. THIS PAGE ADDED TO PROVIDE EXEMPTION INFORMATION FOR THE BUILDING HOMES AND JOBS ACT FEE (SB-2; AFFORDABLE HOUSING FEE) (Additional recording fee applies) ,SIGNED IN COUNTERPART RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: Lennar Homes of California, LLC 2603 Camino Ramon, Suite 525 San Ramon, CA 94583 Attention: Brian Olin ASSIGNMENT AND ASSUMPTION OF DEVELOPMENT AGREEMENT AND CONSENT OF CITY THIS ASSIGNMENT AND ASSUMPTION OF DEVELOPMENT AGREEMENT AND CONSENT OF CITY- (this "Assignment) is made effective as of the date of , the conveyance of the Property (defined below),to Assignee (defined below) (the "Effective Date"), by and between DUBLIN CROSSING, LLC, a Delaware limited liability company ("Assignor"), and LENNAR HOMES OF CALIFORNIA, LLC, a California limited liability company ("Assignee""). RECITALS A. Assignor has acquired certain real property, or the rights to acquire certain real property, located in the City of Dublin (the "City""), County of Alameda, State of California (the "Overall Property""), pursuant to the terms of that certain Purchase and Sale and Assignment Agreement and Escrow Instructions entered into as of June '2, 2015, by and between Assignor and Dublin Crossing Venture LLC,, a Delaware limited liability company ("DCVLLC'). B. DCV LLC and the City entered , into that, 'certain Development Agreement approved by the City on December 19, 2013,pursuant to Ordinance,No 08 .3 and recorded in the Official Records of Alameda County, California (the "Official Records"),on June .4,'2014 as Document No. 2014134795, which was amended by that certain Amendment No. I 'to Development Agreement approved by the City on June 2, 20 15 pursuant to Ordinance No. 101 - '15 and recorded in the Official Records on July 22,-2015 as Document No. 2015202606, as further amended by that certain Amendment No..2 to Development' Agreement approved by the City on February 2, 21016 pursuant to Ordinance No. 2-16 and recorded in the Official Records on March 8, 2016 as Documerit No. 2016056821, as further amended by that certain Amendment .No. 3'to Development Agreement approved by the City on June 15, 2017 pursuant to Ordinance, No. 5-17 and recorded in the Official Records on.June 26,2017'as bocurilentNo. 2017138465, as further amended and, restated by that certain Amended and Restated Development Agreement dated .November 20, 20,18 and recorded in the Official Records on February 15, 2019 as Document No. 2019030149, ' and as further amended by that certain Amendment No. I to the Assignment of Development Agmt. for Phase 2 of Gramercy (ND 14). SFFW.v 1 Amended and Restated Development Agreement effective as of May 21, 2019, as evidenced by that certain Memorandum ofAmended and Restated Development Agreement Between the City oJ' Dublin and Dublin Crossing, LLC Relating to the Dublin Crossing Project and Amendment No. I to the Amended and Restated Development Agreement'Between the City of Dublin and Dublin Crossing, LLC Relating to the Dublin Crossing Project dated as of May 1, 2019 and recorded in the Official Records on November 1, 2019 as Document No. 2019223993 (as amended and restated, the "Development Agreement"). The Development Agreement relates to and affects the Property. C. DCV LLC assigned all of its rights, interests and obligations under the Development Agreement to, Assignor, pursuant to that certain Assignment and Assumption of Development Agreement recorded in the Official Records on August 28, 2015 as Document No. 2015239932. D. Assignor is developing a master -planned community on the Overall Property and has subdivided a portion of the Overall Property into five (5) neighborhoods that will be developed, in one phase known as "Phase 3," which is described more " particularly on 1axhibit "A" attached hereto and incorporated herein by this reference. E. Assignee has acquired the real property described on Exhibit "B" attached hereto (the "Property"), which is a portion of Phase 3, pursuant to that certain Agreement far Purchase and Sale oJ'Real Property and ,loint Escrow Instructions dated as'of September 7, 2021, as amended from time to time (as amended, the "Purchase Agreement"). F. Assignor desires to assign, and Assignee desires to assume, all of Assignor's rights, interests and obligations under the Development Agreement solely to the extent such rights, interests and obligations relate to the Property. G. Section 22 of the Development Agreement states the City 'Manager's (as defined in the Development Agreement) approval is required for any assignment of the rights, interests, and obligations under the Development Agreement, and Assignor and Assignee desire to secure the City Manager's approval for the assignment set forth herein. , NOW, TIIEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, Assignor and Assignee agree asfollows: I . Incorporation of Recitals. The recitals of fact set forth above are true and correct and incorporated into this Assignment in their entirety by this reference. 2. AssigLiment. Subject to the consent of the City Manager, Assignor hereby transfers and assigns to Assignee all of Assignor's rights, interests and obligations under the Development Agreement solely to the extent such rights, interests and obligations relate to the Property. 3. Acceptance and Assumption. Subject to the consent of the City Manager, Assignee hereby accepts the transfer and assignment set forth in Section 2 of this Assignment and assumes and agrees to perform all of Assignor's obligations under the Development 2 Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14),SFFW.v 1 Agreement solely to the extent such obligations relate to the Property, including, but not limited to, the obligation to pay all impact and other fees required to be paid when a building permit is obtained from the City (collectively, the "Assumed Obligatione). Notwithstanding anything to the contrary in the vesting tentative map approval, Assignee acknowledges and agrees that the City can apply the requirements in Sections 9.2 and 9.5.6 of the Development Agreement to require assignee to provide security for, respectively, fees in lieu of parkland dedication and Public Facilities Fee payments. Assignee hereby agrees to indemnify, protect, defend (with legal counsel reasonably acceptable to Assignor) and hold Assignor harmless from and against any and all claims arising from or related to any Assumed Obligations. 4. Further Assurances. Assignor hereby covenants that it shall, at any time and from time to time upon written request therefor, execute and deliver to Assignee, including its nominees, successors and/or assigns, any reasonable new or confirmatory instruments and perform any other reasonable acts which Assignee or its nominees, successors and/or assigns may request in order to fully transfer possession and control of, and protect the rights of Assignee and its successors and/or assigns in, all of the rights, interests and obligations intended to be transferred and assigned to Assignee by this Assignment. Assignee hereby covenants that it shall, at any time and from time to time upon written request there -for, execute and deliver to Assignor, including its nominees, successors and/or assigns, any reasonable new or confirmatory instruments and perform any other reasonable acts which Assignor or its nominees, successors and/or assigns may request in order to fully transfer possession and control of all of the rights, interests and obligations intended to be transferred and assigned to Assignee by this Assignment. 5. Approval - of Assi merit. Pursuant to Section 22.3 of the �Development Agreement, Assignor shall be released from any assigned obligations under the Development Agreement, so long as (a) such assignment has been approved by the City Manager in accordance with Section 22.2 of the Development Agreement and (b) such obligations are expressly assumed by the assignee in a written assignment agreement executed by the parties. By executing the Consent By City attached to this Assignment, the City Manager, on behalf of the City, hereby approves the assignment and assumption set forth in this Assignment, pursuant to Section 22.2 of the Development Agreement, and releases Assignor from its obligations relating to the Property, pursuant to Section 22.3 of the Development Agreement, G. Successors. This Assignment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 7. Counterp arts. This Assignment may be executed in counterparts, each of which shall be deemed an original, but all of which, taken together, shall constitute one and the same instrument. 8. Amendment. This Assignment may only be amended or modified by a written instrument executed by all of the parties hereto. 9. Governing Law. The validity, interpretation and performance of this Assignment shall be controlled by and construed under the laws of the State of California. Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14).SFM,,vl 10. Attorneys' Fees. Should any dispute arise between the parties hereto or their legal representatives, successors or assigns concerning any provision of this Assignment or the rights and duties of any person in relation thereto, the party prevailing in such dispute shall be entitled, in addition to such other relief that may be granted, to receive from the other party all costs and expenses, including reasonable attorneys' fees, incurred by the prevailing party in connection with such dispute. 11. Entire Agreement. This Assignment, together with the Purchase Agreement, constitutes the entire agreement among the parties hereto with respect to the subject matter hereof, and supersedes all prior understandings or agreements. In the event of any conflict between this Assignment and the Purchase Agreement, the terms of the Purchase Agreement shall govern and control. 12. Severability. If any term, covenant, condition or provision of this Assignment, or the application thereof to any person or circumstance, shall to any extent be held by a court of competent Jurisdiction or otherwise by law rendered invalid, void or unenforceable, the remainder of the terms, covenants, conditions or provisions of this Assignment, or the application thereof to any person or circumstance, shall remain in full force and effect and shall in no way be affected, impaired or invalidated thereby. 13. Notices. All notices shall be in writing, and'shall be given in the manner prescribed by Section 27 of the Development Agreement. Pursuant to Section 27 of the Development Agreement, the address for Assignee is: Lennar Homes of California, LLC 2603 Camino Ramon, Suite 525 San Ramon, CA 94583 Attention: Brian Olin 14. Authority. Each individual executing this Assignment on behalf of a corporation or other legal entity represents and warrants that: (a) he or she is duly authorized to execute and deliver this Assignment on behalf of said corporation or other legal entity in accordance With and without violating the provisions of its governing documents, and (b) this Assignment is binding upon and enforceable against said corporation or other legal entity in accordance with its terms. Any entity signing this Assignment on behalf of a corporation or other legal entity hereby represents and warrants in its own capacity that it has full authority to do so on behalf of the corporation or other legal entity. [Signature Page Follows] 4 Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14),SFFW.v I IN WITNESS WEEREOF,* the parties have entered into this Assignment. as of the Effective Date. ASSIGNOR: DUBLIN CROSSING, LLC, a Delaware limited liability company By: BrookCal'Dublin LLC, a Delaware limited liability company Its.. Member By: Name: josh Roden Its: Authorized RePresentative, By: Name: Mph Its: AuthnIZ-i &_-.L4ed By: SPIC Dublin LLC, a Delaware limited liability company Its: Member By: Standard Pacific Investment Corp., a Delaware corporation Its: Member By: Name: Its: - SIGNED IN, COUNTERPART Sicnature ,Page to Assignment and Assumption of velodf pment Agreement and Consent City Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14).SFFW.v I IN WITNESS WHEREOF, the parties have entered into this Assignment as of the Effective Date. ASSIGNOR: DUBLIN CROSSING, LLC, a Delaware limited liability company By: BrookCal Dublin LLC, a Delaware limited liability company Its: Member By: SIGNED Iti COUNTERPART Name: Its: By: SIGNED IN, COUNTERPART Name: Its: By: SPIC Dublin LLC, ,a Delaware limited liability company Its: Member By: Standard Pacific Investment Corp., a Delaware corporation Its: Member By: Name: Its: V1 41 6JI I g!( SignaturePage to Assignment and Assumption of evelopment Adf greement and Consent City Assignment of Development Agmt. for Phase 2 of Gramercy (ND 14).SFFW,vl ASSIGNEE: LENNAR HOMES OF CALIFORNIA, LLC, a California limited liability company By: Name: 4 CA-W Its: t1j 'w- S attire Page to Assignment and Assumption of Vievelopment Agreement and Consent of City Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14). SFFW.v I CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California - County of Contra Costa On AlLri:l 26, 2023 before me, Tiffany Grubbs, Notary Public Date Name and Title of Officer personally appeared Josh Roden and Michele J Name of Signer who proved to me on the basis of satisfactory, evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s), on the instrument. the person(s),.or the entity upon, behalf of which the person(s) acted, executed the instrument. TIFFANY GRUBBS Notary Public - California Contra Costa County T. Commission # 2415110 *my Comm. Expires Sep 6, 2026 Place Notary Seal Above I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature: Signature of Notary Public A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is, attached, and not the truthfulness, accuracy, or validity of that document, STATE OF CALIFORNIA COUNTY 01� On r4 'Z K—, ��YL3 , before me. N,n, A Dale, Ilere Insert Mace And TiVOftho Officer personally appeared Namc(s)ofsigner(s) who proved to me on the basis of satisfactory evidence to be the person(( whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/sh@Ahey executed the same in his4w4t4teir authorized capacity(i�), and that by his/weir signature(s) on the instrument the person(.$), or the entity upon behalf of which the person(-s} acted, executed the instrument. I certify under PENALTY OF PERJURY under the EUZABM NEAL laws of the State of California that the foregoing Notary Public - California, paragraph is true and correct. Contra Costa County Commission # 235944l My comm. Expires May 29, 2025 WITNESS my hand and official seal. Place Notary Seal Above Signature of Notary Public Acknowledgment Pa e to Assignment and Assumption of Development Pa and Consent of City Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14).SFFW.vl A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA COUNTY OFZ" On .4 1-yv3 A2,7, before me, r- Date Here Insert Name AVaitle Of the Officer personally appeared jo?,/ k, w� Narne(s)offtncr(s) who proved to me on the basis of satisfactory evidence to be the person(-) whose name(s) is/ate subscribed to the within instrument and acknowledged to me that he/she4hey executed the same in his/Moir authorized capacity(44,, and that by his/hefMwU signature(s) on the instrument the person(), or the entity upon behalf of which the person(4%) acted., executed the instrument. Is a � � a — — I certify under PENALTY OF PERJURY under the ELIZABETH NEAL laws of the State of California that the foregoing Notary Public - California paragraph is true and correct. Contra Costa County M My Commission # 2359448 WFINESS my hand and official seal. Comm. Expires may 29, 2025 Place Notary Seal Above Signature of Notary Public Acknowled ient Pa e to Assignment and Assumption of Develo"piment Pa and Consent of City Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14). SFFW.v I CONSENT BY CITY The City of Dublin, a municipal corporation, by and through its City Manager, hereby consents to the foregoing Assignment and 'Assumption of Development Agreement and further acknowledges and agrees that Assignor is hereby released of any and all obligations under the Development Agreement relating to the Property. WW", CITY OF DUBLIN By: Title: City manager ATTEST: -41 By:, AMA644L MOZ"r, Name: PltanbV-K acom, Title: City Clerk APPROVED AS TO FORM SIGNED M COUNTERPART By: Name: Title: City Attorney, a City Consent to Assignment and Assumption of Dvelqpment Agreement and Consent of City Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14).SFFW,v 1 DocuSign Envelope ID: 42190FIA-FF86-4A49-8A4A-00092833B20F CONSENT BY CITY The City of Dublin, a municipal corporation, by and through its City Manager, hereby consents to the foregoing Assignment and Assumption of Development Agreement and further acknowledges and agrees that Assignor is hereby released of any and all obligations under the Development Agreement relating to the Property. CITY: CITY OF DUBLIN By: SIGNED IN COUNTERPART Name: Title: City Manager ATTEST: SIGNED IN COUNTERPART By: . ...... Name: Title: City Clerk APPROVED AS TO FORM, [10cu Name: - ON Title: City Attorney City Consent to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14),SFFW.v 1 A notary public or other officer completing' this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that V document. STATE OF CALIFORNIA COUNTY OF tj,(U V VIM/ "I-VnA I �*—rfo a Id On before me. OAM �i' K"N PII Date V Here insert Name And Tide the Officer personally appeared MCI) ga& Name(g) of Signer(s) Mii=NN PAViGAS Notary Vublic - Calffonft Alameda County COMMisslom 0 2346195 My Comm, Exotres Fob to, 2O25 (,ie,rrA Lynn poi-q),y Place Notary Seal Above who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PEN I ALTY OF PERJURY' under the laws of the State of California that! the foregoing paragraph is true and correct.' WITNESS my hand and official sea]. j Acknowledgment Pa e to Assignment and Assumption of Development Pa and Consent of City Assignment of Development Agmt. for Ph= 2 of Gramercy (NB 14).SFFW.v I Exhibit "A" Legal Description of Phase 3 Real property in the City of Dublin, County of Alameda, State of California, described as follows: PARCEL I: PHASE 3A, BEING A PORTION OF THE LANDS DESCRIBED IN THE FINAL JUDGEMENT ON THE DECLARATION OF TAKING, AND SECOND AMENDMENT TO DECLARATION OF TAKING ENTITLED UNITED STATES OF AMERICA V. 3396 ACRES OF LAND, ALAMEDA AND CONTRA COSTA COUNTIES, CALIFORNIA, ADA CLEMENT, ET AL, FILED IN DISTRICT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF CALIFORNIA, SOUTHERN DIVISION, CIVIL NO. 22352-13, JUDGEMENT EFFECTIVE 27 AUGUST 1945, CIVIL NO. 22352-R THE FINAL JUDGEMENT OF :RECORD FILED ON JULY 21,1947 AND RECORDED IN BOOK 5132 ATPAGE 1, OFFICIAL RECORDS OF ALAMEDA COUNTY, SAME PARCEL BEING A PORTION OF THAT 180.126 ACRE PARCEL OF LAND SHOWN'ONTFIE RECORD OF SURVEY, FILED IN BOOK 31 AT PAGE 28 OF MAPS, OFFICIAL CIAL RECORDS OF SAID ALAMEDA COUNTY MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF PARCEL 3 AS SAID PARCEL IS DESCRIBED BY GRANT DEED TO DUBLIN CROSSING, LLC RECORDED ON AUGUST 28,2015 AS DOCUMENTNO. 2015-0239931 OF OFFICIAL RECORDS OF ALAMEDA COUNTY, SAME CORNER BEING ON THE NORTH LINE OF TITE 160 FEET WIDE STRIP OIL LAND KNOWN AS DUBLIN BOULEVARD AS CONVEYED TOJIFIE CITY OF DUBLIN BY QUITCLAIM DEED RECORDED ON SEPTEMBER 22,1994 AS DOCUMENT NO. 1994-312570 OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG LAST SAID LINE NORTH 88`46"3 1 " WEST 388.28 FEET TO A POINT ON THE EASTERLY LINE OF THE PARCEL OF LAND DESCRIBED AS PARCEL 3 IN A QUITCLAIM DEED TO THE COUNTY OF ALAMEDA RECORDED ON JANUARY 31, 1,986 AS DOCUMENT NO. 1986-026014 OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG LAST SAID LINE NORTH 46028'46" WEST 819.40 FEET; THENCE NORTH 45053'03" EAST 195.38 FEET; THENCE SOUTH 88039'37"'EAST 356.85, FEET; THENCE SOUTH 01 019'26" WEST 24.60 FEET; THENCE SOUTH 55055'01" EAST 157.70 FEET; Exhibit A to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt, for Phase 2 of Gramercy (NB 14). SFFW.v I THENCE SOUTH 01035'51nWEST 77.24 FEET; THENCE SOUTH 88024'09" EAST 373.31 FEET; THENCE NORTH 01 035'5 1, " EAST 325.34 FEET; THENCE ALONG A TANGENT CURVE TO THE RIGHT HAVING A RADIUS OF 50.00 FEET, A CENTRAL ANGLE OF 90-00'00" AND AN ARC LENGTH OF 78.54 FEET; THENCE SOUTH H024'09" EAST 251.59 FEET; THENCE SOUTH 01.035'5 1 " WEST 56.00 FEET TO THE MOST NORTHERLY NORTHWEST CORNER OF SAID PARCEL 3, DOCUMENT NO. 2015-023 993 1; THENCE ALONG THE GENE -RALLY WESTERLY LINE OF SAID PARCEL 3 THE FOLLOWING FOUR (4) COURSES: 1. SOUTH 01035'51" WEST 527.66 FEET, 2. NORTH 88024'09" WEST 301.59 FEET, 3. SOUTH 01035'51" WEST 281.39 FEE']." AND 4. ALONG A TANGENT CURVE TO THE RIGHT HAVING A RADIUS OF 30.00 FEET, A CENTRAL ANGLE OF 19047'26" AND AN ARC LENG, TII OF 10.36 FEET TOTHE POINTOF BEGINNING. PARCEL 2: PHASE 313, BEING A PORTION OF THE LANDS DESCRIBED IN TFIE FINAL JUDGMENT ON THE DECLARATION OF TAKING, AMENDMENT TO DECLARATION OF TAKING, AND SECOND AMENDMENT TO DECLARATION OF TAKING ENTITLED :UNITED STATES OF AMERICA V. 3396 ACRES OF LAND, ALAMEDA AND CONTRA COSTA COUNTIES, CALIFORNIA, ADA CLEMENT, ET AL, FILED IN THE DISTRICT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF CALIFORNIA, SOUTHERN DIVISION, CIVIL NO. 22352-13, JUDGMENT EFFECTIVE 27 AUGUST 1945, CIVIL NO. 22352-R THE FINAL JUDGMENT OF RECORD FILED ON DULY 21,1947 AND RECORDED IN BOOK 5132 AT PAGE I., OFFICIAL RECORDS OF ALAMEDA COUNTY, SAME PARCEL BEING A PORTION OF THAT 180.126 ACRE PARCEL SHOWN ON' THAT CERTAIN MAP ENTITLED "RECORD OF SURVEY NO. 2031 ", FILED ON MAY 8, 2006 IN BOOK 31 AT PAGE 28 OF MAPS, OFFICIAL RECORDS OF SAID COUNTY AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: Exhibit A to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14).SFFW.v I BEGINNING AT THE NORTHEAST CORNER OF PARCEL 3 DESCRIBED IN A GRANT DEED TO DUBLIN CROSSING, LLC RECORDED ON AUGUST 28,2015 UNDER DOCUMENT NUMBER 2015-0239931 OFFICIAL RECORDS OF SAID COUNTY; THENCE CROSSING THROUGH THE USA PARCEL FOR THE FOLLOWING TWENTY SEVEN (27) COURSES: (1) NORTH 01'355 1 " EAST 407.01 FEET, (2) SOUTH 88-33'28" EAST 61.00 FEET, (3) NORTH 01-35'51 " EAST 268.59 FEET, (4) NORTH 88-24'09" WEST 51.00 FEET, (5) NORTH 01 '35'51 "EAST 214.71 FEET, (6) NORTH 88024'09" WEST 168.34 FEET, (7) NORTH 01 '35'51 " EAST 97.94 FEET, (8) NORTH 88-24'09" WEST 325.08 FEET, .(9) - NORTH 01 035'51 " EAST 112.96 FEET, (10) NORTH 88-24'09" WEST 68.50 FEET TO THE BEGINNING OF A NON -TANGENT CURVE TO THE LEFT, FROM WHICH POINT THE CENTER BEARS SOUTH 41042-37" EAST, (11) IN A. SOUTHWESTERLY DIRECTION 64.05 FEET ALONG THE ARC OF SAID CURVE TO THE LEFT, HAVING A RADIUS OF 620.00 FEET AND THROUGH THE CENTRAL ANGLE OF 05055'08", (12) SOUTH 42022'15 " WEST 78.93 FEET, TO THE BEGINNING OF A TANGENT CURVE TO THE RIGHT, (13) IN A SOUTHWEST DIRE, CTION 95.11 FEET ALONG THE ARC OF SAID CURVE TO THE RIGHT, HAVING A RADIUS OF 480.00 FEET AND THROUGH THE CENTRAL ANGLE OF 11021'09", ('14) NORTH 35-49'19" WEST 62.00 FEET TO THE BEGINNING OF A NON -TANGENT CURVE TO THE LEFT FROM WHICH POINT THE, CENTER BEARS'NORTI-I 36020'3,9" WEST, (15) IN A NORTHEAST DIRECTION 82.33 FEET ALONG THE ARC OF SAID CURVE TO T11E'LEF`I', HAVING A RADIUS OF 418.00 FEE"I'AND THROUGH THE CENTRAL ANGLE OF 1101 T06", (16) NORTH 42-22'1 5ti EAST 78.93 FEET TO THE BEGINNING OF A TANGENT CUR.VETOTf IE RIGHT, (I 7)IN A NORTHEAST DIRECTION 585.95 FEET ALONG THE ARC OIL SAID CURVE TOTI­fE RIGHI HAVING A RADIUS OF 682.00 FEET AND THROUGH THE CENTRAL ANGLE OF 49013'36", (18) SOUTH 88024'09" EAST 310.34 FEET, (19) SOUTH 01 035'51 " WEST 67.00 FEET, (20) SOUTH 88024'09" LAST 518.19 FEET TO TIC', BEGINNING OF A TANGENT CURVE TO THE RIGHT, (2 I)IN A SOUTI IERLY DIRECTION 12 FEET ALONGTHE ARC OF SAID CURVE TO THE RIGHT, HAVING A RADIUS OF 30.00 FEE I ANDTHROUGH THE CENTRAL ANGLE OF 90000'00fl, (22) SOUTH 01 '35'5 1. " WEST 406.17 FEET, (23) SOUTH 88-24'09" EAST 213.65 FEET, (24) SOUI 7 1101-35'51,, WEST 87.94 FEET, (25) SOUTH 88-24'09" EAST 58.99 99 FEET, (26) NORTH 0195-51" EAST 206.06 FEET AND (27) SOUTH 88024'09" FAST 1, 41.97 FEET TO A POINT ON THE WEST LINE OF ARNOLD ROAD; "THENCE ALONG SAID WEST LINE FOR THE FOLLOWING TWO (2) COURSES: (1) SOUTH 01'23'35" WEST 633.42 FEET AND (2) SOUTH 52'40'34" WEST 520.00 FEET; THENCE CROSSING THROUGH THE USA PARCEL FOR TPIE FOLLOWING THREE (3) COURSES: (1) NORTH 88'33'53" WEST 341.76 FEET, (2) NORTH, 0 1035'5 1 " EAST 15.01 FEET AND (3) NORTH 88033'27" WEST 402.43 FEET TO THE POINT OF BEGINNING. PARCEL 3: A NON-EXCLUSIVE EASEMENT FOR STREET AND UTILITY PURPOSES WITHIN AMARAL STREET AND ELLINGTON STREET AND FOR RAILROAD PURPOSES ADJOINING SAID RAILROAD SPUR TRACK, APPURTENANT TO PARCEL I Exhibit A to Assignment and Assumption of Development Agreement and Consent of C io� Assignment of Development Agmt, for Phase 2 of Gramercy (NB 14).SFFW.v I HEREINABOVE DESCRIBED, TO'BE USED IN COMMON WITH ADJACENT PROPERTIES, AS RESERVED IN THE DEED TO DUBLIN'CROSSING VENTURE LLC, A DELAWARE LIMITED LIABILITY COMPANY, RECORDED MARCH 7, 2014, INSTRUMENT NO.2014064105, OFFICIAL RECORDS, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHERN. TERMINUS OF THE COURSE AND DISTANCE DESCRIBED AS "NORTH 47012'21" WEST 525.556 FEET" IN PARCEL 1 HEREINABOVE DESCRIBED; RUNNING THENCE NORTH 89007'23" WEST 44.906 FEET TO THE NORTHEASTERN LINE OF THE SOUTHERN PACIFIC RAILROAD COMPANY RIGHT OF WAY LINE; THENCE ALONG SAID NORTHEASTERN LINE NORTH 47012'21" WEST 547952 FEET TO A LINE DRAWN PARALLEL WITH SAID CENTERLINE OF SAID RAILROAD DRILL TRACK AND DISTANT 15 FEET NORTHERLY THEREOF, MEASURED AT RIGHT ANGLES THERETO; THENCE ALONG THE LAST SAID PARALLEL LINE SOUTH 89009'31 ", EAST 1337.937 FEET TO THE EASTERN LINE OF SAID ELLINGTON STREET; THENCE ALONG THE LAST NAMED LINE SOUTH 0052'10" WEST 341.699 FEET AND SOUTH 41 029'26" WEST 33.188 FEET; THENCE NORTH 89007'23" WEST 39.520 FEET TO SAID CENTERLINE OF SAID ELLINGTON STREET; THENCE ALONG SAID LINE NORTH 41 °29'26" EAST 47.810 FEET AND NORTH 0052'10" EAST 315.581 FEET TO SAID CENTERLINE OF SAID RAILROAD DRILL TRACK; THENCE ALONG THE LAST NAMED LINE NORTH 89°09'31" WEST 1246.368 FEET TO SAID LINE IN AMARAL STREET; THENCE SOUTH 4712'21" EAST 525.556 FEET TO THE POINT OF BEGINNING. PARCEL 4 LOTS 5 AND 6, AS SHOWN ON THE MAP ENTITLED "TRACT 8364", RECORDED MAY 30, 2018 IN BOOK 353 OF MAPS, AT PAGE(S) 86 THROUGH 87, OFFICIAL RECORDS OF ALAMEDA. Exhibit A to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agra. for Phase 2 of Gramercy (NB 14).3FFW.v 1 Exhibit "B" Legal Description of Property Real property in the City of Dublin, County of Alameda, State of California, described as follows: LOTS 16 AND 17 AS SHOWN ON THE MAP ENTITLED "TRACT 8367 GRAMERCY AT BOULEVARD ABBEY AT BOULEVARD", FILED FOR RECORD DECEMBEk 18,2018 IN BOOK 359 OF MAPS AT PAGE(S) 20-27, OFFICIAL RECORDS OF ALAMEDA COUNTY. APN(s): 986-0066-031 (Affects: Lot 16) and 986-0066-032 (Affects: Lot 17). Exhibit B to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt. for Phase 2 of Gramercy (NB 14). SFFW.v I