HomeMy WebLinkAboutAssignment and Assumption of Development Agreement - Phase 1 & 2 of AvalonRECORDING REQUESTED BY:
First American Title Company
WHEN RECORDED MAIL DOCUMENT TO:
Lennar Homes of California, ILLC
2603 Camino Ramon, Suite 525
San Ramon, CA 94583
Attention: Brian Olin,
A.P.N.:, 986-0077-040 and 986-0076-030 and 986-0076-
031 and 986-0076-032 and 996-0076-b33 and 986-
0077-002 and 986-0076-004 and 986-0076-005
2023026509 03/03/2023 11:59 AM 17PGS
OFFICIAL RECORDS OF ALAMEDACOUNTY
IVIELISSAWILK, CLERK -RECORDER
RECORDING FEES: $86.00
4 11 *41111 :N 011 NO q IVA :1*9101 V IN
Above This Line for Recorder's Use Only
File No.: 0131-625565-001
Lots 86, 94-97 & Parcels AC, AG, AH, Tract 8372 Ivy, Vine. & Avalon, at, Boulevard, Dublin, CA
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
() 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:
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 PEE)
(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 "Assignmem") 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 CDCVAC').
B. DCV LLC and the City entered into that certain Development Agreement
approved by the City on December 19, 2013 pursuant to Ordinance No. 08-13 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, 2015 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' 2016 pursuant to Oidinance No. 2-16 and
recorded in the Official Records on March 8, 2016 as Document No. 2016056821, and 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
Assignment of Development Agmt.for
Phases 1 & 2,of Avalon (N13 23).SFFW.v4
Records on June 26 1 '2017 as Document No. 2017138465 (as amended, 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, two (2) neighborhoods
that will be developed in one phase known as "Phase 5," which is described more
particularly on Exhibit "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 5 pursuant to that certain Agreement
for, Purchase and Sale of Real Property and Joint Escrow Instructions dated as of
January 19,2023, 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, THEREFORE, for good and valuable consideration, the receipt of which is hereby
acknowledged, Assignor and Assignee agree as follows:
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. Assignment. 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 Assumpt
ion. 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 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 Obligations"). 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
2
Assignment of Development Agmt. for
Phases 1 & 2 of Avalon (NB 23).SFFW.v4
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 therefor, 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.
S. Approval of Assi nment. 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.
6. Successors. This Assignment shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns.
7. Counte►parts. 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.
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.
3
Assignment of Development Agmt. for
Phases 1 & 2 of Avalon (NB 23).5FFW.v4
' 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.
1.2. 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]
El
Assignment of Development Agmt. for
Phases 1 & 2 of Avalon (NB 23).5FFW.v4
Date.
IN WITNESS WHEREOF, the parties have entered into this Assignment as of the Effective
ASSIGNOR:
DUBLIN CROSSING, LLC,
a Delaware limited liability company
By: BrookCal Dublin LLC,
a Delaware limited liabi * company
Its: Member
vv�
By:
Name:
Its:
LO
NameL,--" - '' ' GonzaTo Rodriguez
Its: Vice President, Land and Planning
By: SPIC Dublin LLC,
a Delaware limited liability company
Its: Member
By: Standard Pacific Investment Corp.,
a Delaware corporation
Its: Member
i5jGNED IN COUNTERPART
Name:
Its:
S1 ' attire Page to Assignment and Assumption of
Development Agreement and Consent of City
Assignment of Development Agmt. for
Phases I & 2 of Avalon (N13 23Y.SFFW.v4
Date.
IN WITNESS WHEREOF, the parties have entered into this Assignment as of the Effective
ASSIGNOR:
DUBLIN CROSSING, LLC,
a Delaware limited liability company
By: BrookCal Dublin LLC,
a Delaware limited liability company
Its: Member
By: SIGNIE-m- IN COUNTERPART
Name:
Its:
By: SIGNED 1N COUNTERPART
Name:
Its:
By: SPIC Dublin LLC,
a Delaware limited liability company
Its: Member
By: Standard Pacific Investment Corp.,
a Delaware corporation
Its: Member
y: B
Name: Z5.--x
Its: oce-,
Siature Page to Assignment and Assumption of
vievelopment Agreement and Consent of City
Assignment of Development Agmt. for
Phases I & 2 of Avalon (N13 23).SFFW.v4
ASSIGNEE:
LENNAR HOMES OF CALIFORNIA, LLC,
a California limited liability company
By:
Name: Chad Kiltz
Its: Vice President
Siature Page to Assignment and Assumption of
Nevelopment Agreement and Consent of City
Assignment of Development Agmt. for
Phases I & 2 of Avalon (N13 23).SFFW.v4
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 CZ)VWCJ �,()b-t(A
On M(A'rQn1, Z023 before meAd (7t)on Rayrtz, Notayu NbhL' -,
Date, Here Insert Name And,Afle Of the Offlicer
personally appeared 6-onu 1�odnoufz an �Tbsh -RodtAn
Q Narne(s) of Signer(s)
AUSION RANTZ
Notary Public, - California
Contra Costa County
Commission # 2352113
My Comm, Expires Mar 18, 2025
Place Nowy 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 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
`iO tary Publi—c
Acknowled ement Page to Ass
ignment and Assumption of
Development Agreement and Consent of City
Assignment of Development Agmt. for
Phases I & 2 of Avalon (NB 23).SFFW.v4
Acknowledgment
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 (MIL A
On MARh 1 202:✓ Abefore me, LafflA. Mjq[q NffY_,jW0VN fflglfC, ,
Data note Insert Name And "Title Of the Officer
personally appeared Wad VML 7
Name(s) of'Signer(s)
who proved to me on the basis of satisfactory evidence
to be the person( ,p) whose name(.0 is/afe subscribed to
the within instrument and acknowledged to me that
he/s43e/tUey executed the same in his/Wr/their
authorized capacity(iog), and that by his/leer/tkriT
signature(e on the instrument the person(, or the
LAUREN MARY MORTE entity upon behalf of which the person(s) acted,
Notary Public -California executed the instrument.
Contra costa county
. . . . . . . . commission 44 2307493 1 certify under PENALTY OF PERJURY under the
My comm. Expires Oct 3, 2023 laws of the State of California that the foregoing
paragraph is true and correct.
WITNESS my hand and official, seal.
Place Notary Seal Above Signature offRotary Public
Acknowled ement Page to Assignment and Assumption of
Development Agreement and Consent of City
Assignment of Development Agmt. for
Phases 2 & 2 of Avalon (NB 23).SFFW.v4
Acknowledgment
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 OFGffnjrA_L1J
On CAn 1 2.023 ,before me, Ift M MAY A M OV44 , 1,40 IiN PVIVI(
Date Here Insert Name And Title Of the Officer
personally appeared ChOL(A
Nxne(s) of Signer(s)
who proved to me on the basis of satisfactory evidence
to be the person() whose name(s) is/aye subscribed to
the within instrument and acknowledged to me that
he/site/they executed the same in his/bw/tkeir
authorized capacity(;os), and that by his/her/their
signature(z) on the instrument the person(s), or the
entity upon behalf of which the person(A) acted,
LAUREN MARY MORTE executed the instrument.
- Notary Public - California
9 Contra Costa County
Commission # 2307493 1 certify under PENALTY OF PERJURY under the
*my Comm. Expires Oct 3, 2023 laws. of the State of California that the foregoing
paragraph is true and correct.
WITNESS my hand and official seal.
�_
Place Notary Seat Above Signature of NotaiV Public
Ack owled ement Page to Assignment and AssuTption of
L?eve opment Agreement and Consent of City
Assignment of Development Agmt. for
Phases 1 & 2 of Avalon (NB 23).5FFW.v4
Exhibit "A"
Legal Description of Phase 5
Real property in the City of Dublin, County of Alameda, State of California, described as
follows:
BEING PORTIONS OF THE LANDS DESCRIBED IN THE FINAL JUDGMENT ON TfM
DECLARATION OF TAKING, AMENDMENT TO DECLARATION OF TAKING, AND
SECOND AMENDMENT TO DECLARATION OF TAKING ENTITLED UNITED STATES
OF A:MERI:CA V. 3396 ACRES OF LAND, ALAMEDA AND CONTRA COSTA COUNTIES,
CALIFORNIA, ADA CLEMENT, 'ET AI.,, FILED IN THE DISTRICT COURT OF THE
UNITED STATES FOR THE NORTHERN DISTRICT OF CALIFORNIA, SOUTHERN
DIVISION, CIVIL NO.22352-I3, JUDGMENT EFFECTIVE 27 AUGUST 1945, CIVIL NO.
22352-R THE FINAL JUDGMENT OF RECORD FILED ON JULY 21, 1947 AND
RECORDED IN BOOK 5132 AT PAGE 1, 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:
PHASE 5-1:
BEGINNING AT THE NORTHWEST CORNER OF THE SAID 180.126 ACRE PARCEL,
THENCE ALONG THE NORTH LINE OF THE 180.126 ACRE PARCEL, SOUTH 88° 24' 09"
EAST - 1397.51 FEET; THENCE CROSSING THROUGH THE SAID USA PARCEL, SOUTH
010 35' 51" WEST - 667.84 FEET TO A POINT ON THE NORTH LINE OF PARCEL 1
DESCRIBED IN A DEED TO DUBLIN CROSSING, LLC RECORDED ON AUGUST 28,
2015, UNDER DOCUMENT NO.2015-239931 OFFICIAL RECORDS OF SAID COUNTY;
THENCE ALONG SAID NORTH LINE, NORTH 880 26' 26" WEST - 731.53 FEET TO THE
NORTHWEST CORNER OF PARCEL 1, SAME BEING THE NORTHEAST CORNER OF
SAID PARCEL 2A DESCRIBED IN A DEED TO DUBLIN CROSSING, LLC RECORDED
ON MARCH 17, 2017 UNDER DOCUMENT NO.2017-064517 OFFICIAL RECORDS OF
SAID COUNTY; THENCE ALONG THE NORTH LINE OF PARCEL 2A, NORTH 88° 26'
23" WEST - 45.04 FEET TO THE NORTHWEST CORNER OF PARCEL 2A, SAME
CORNER BEING ON THE WE T DINE OF THE 1.80.126 ACRE PARCEL, TIJENCE
ALONG SAID WEST LINE FOR THE FOLLOWING THREE (3) COURSES: (I) NOI:(I"H 46"
28' 47" WEST - 532.33 FEET, (2) NORFII 450 42' 26" WEST — 304.99 FEET, AND (3)
NORTH 010 13' 02" EAST -105.88 FEET TO THE POINT OF BEGINNING.
PHASE. 5-2:
COMMENCING AT THE NORTHWEST CORNER OF T14E SAID 180.126 ACRE PARCEL,
THENCE ALONG THE NORTH LINE OF THE 180.126 ACRE PARCEL, SOUTH 88" 24' 09"
EAST—1857.51 FEET FOR THE POINT OF BEGINNING HEREOF; THENCE
Exhibit A to Assignment and Assumption of
DevelopmentAgreement and Consent of City
Assignment of Development Agmt. for
Phases 1 & 2 of Avalon (NB 23).SFFW.v4
CONTINUING ALONG SAID NORTH LINE, SOUTH 88- 24'09" EAST - 1177.65 FEET;
THENCE CROSSING THROUGH THE USA PARCEL FOR THE FOLLOWING SEVEN (7)
COURSES: (1) SOUTH 38' 42' 03" WEST - 407.75 FEET FOR THE BEGINNING OF A
CURVE TO THE RIGHT, FROM WHICH POINT THE CENTER BEARS NORTH 050 02'23"
WEST, (2) IN A WESTERLY DIRECTION 48.42 FEET ALONG THE ARC OF SAID
CURVE TO THE RIGHT, HAVING A RADIUS OF 418.00 FEET AND THROUGH A
CENTRAL ANGLE OF 060 38' 14", (3) NOW111 880 24'09" WEST - 1. 70.00 FEET FOR THE
BEGINNING OF A CURVE TOT`14E LEFT, (4) IN A SOUTI-TWESTERLY DIRECTION
362.71 FEET ALONG THE ARC OF SAID cuRvE'ronfE LEFT, HAVING A RADIUS OF
582.00 FEET AND THROUGH A CENTRAL ANGLE OF 350 42'26", (5) SOUTH 550 53'2Y1
WEST - 188.66 FEET FOR THE BEGINNING OF A CURVETO THE RIGHT, (6) IN
SOUTHWESTERLY DIRECTION 244.28 FEET ALONG TI 1E ARC RIGHT OF SAID
CURVE TO THE RIGHT, HAVING A RADIUS OF 639.00 FEET AND THROUGH A
CENTRAL ANGLE OF 210 54'12", AND (7) NORTH 010 35'51" EAST - 649.19 FEET TO
THE POINT OF BEGINNING.
APN: 986-0001-001-33 (Affects this and other property)
Exhibit to Assignment and Assumption of
Development Agreement and Consent of City
Assignment of Development Agmt. for
Phases 1 & 2 of Avalon (NB 23).SFFW.v4
Exhibit 111311
Legal Description of Property
Real property in the City of Dublin, County of Alameda, State of California, described as
follows:
LOTS 86,94,95,96 AND 97 AND PARCELS AC, AG AND AH, AS SHOWN ON THE MAP
ENTITLED "TRACT 8372 IVY, VINE, & AVALON AT BOULEVARD" FILED ON
NOVEMBER 29,2021, IN BOOK 367 OF MAPS, AT PAGES 26 THROUGH 35, ALAMEDA
COUNTY RECORDS.
APN(S): 986-0077-040 (Lot 86),
986-0076-030 (Lot 94),
986-0076-031 (Lot 95),
986-0076-032 (Lot 96),
986-0076-033 (Lot 97),
986-0077-002 (Parcel AC),
986-0076-004 (Parcel AG), and
986-0076-005 (Parcel AH).
Exhibit B to Assignment and Assumption 9f
Development Agreement and Consent of City
Assignment of Development Agmt. for
Phases I & 2 of Avalon (NB 23).SFFW.v4
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
WON
APPROVED AS TO FORM
By:
Name:
Title:
'TGNED IN COUNTERPART
City Attorney
City's Signature Page to Assignment and AssuFtion o
-F
.Development Agreement and Consent of g
Dj
Assignment of Development Agmt. for
Phases 1 & 2 of Avalon (NB 23).SFFW.v4
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:
Name:
Title:
-'r,'NED IN COUNTERPART
City Manager
ATTEST:
By:
Name:
Title:
SIGNED IN COUNTERPART
City Clerk
APPROVED AS TO FORM
By:
Name:
Title: City Attorney
City's Signature Page to Assignment and Assumption of
Development Agreement and Consent of City
Assignment of Development Agmt. for
Phases 1 & 2 of Avalon (N8 23),SFFW.v4
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
CIVIL CODE § 1189
F ............. . ' ................... ** ....................... *"-,*"***"*'* ***_'***** ***`****'* *",-"**--*,**,-* 3
A notary public or other officer completing this certificate
i verifies only the identity of the individual who signed the
I document to which this certificate is attached, and not the
truthfulness, accuracy, or validity of that document.
......................................... . ..... ....................................... . . . ......................... ................... . ................ . ..
State of California
County of Alameda
On Februa!y 28,, 2623 before me, Marsha Louise Moore Notary Public,personally
appeared Linda Smith, who proved to me on the basis of satisfactory evidence to be the
persons whose name( is/am subscribed to the within instrument and acknowledged to
me that 4e/she/they executed the same in 4is/her/#4& authorized capacitykies), and that by
his/her/their 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 laws of the State of California that the
foregoing paragraph is true and correct.
WITNESS my hand and official seal.
Signature IIAZA64
MARSHA LOUISE MOORE
(Seal) Notary Public - California
Alameda County
Commission # 2339618
*14) COMM- Expires Dec 8, 2024
" P