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HomeMy WebLinkAboutAssignment and Assumption of Development Agreement - VeniceRECORDING 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 986-0074-017 thru 986-0074-020 and 986-0074-030 thru 986-0074-035 and 986-0074-001(Parcel E) and 986-0074-002 (Parcel EE) and 986-0074-004 (Parcel FF) and 986-0074-006 (Parcel 0) and 986-0074-007 (Parcel P) and 986-0074-009 (Parcel V) i ...: is • OFFICIAL RECORDS OF ALAMEDACOUNTY MELISSAWILK,CLERK-RECORDER *� RECORDING FEES: $104.00 s f f'hFDA CW�Gv 411x4411I:N011NOgWA:1*9101 VIN�� Space Above This Line for Recorder's Use Only Lots 13-16, 26-31 & Parcels E, 0, P, V, EE, FF Tract 83,70, NB 19 Dublin, CA 94583 File No.: 0131-624376-004" 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 Q Exempt from fee under GC 27388.1(a)(1) due to the maximum fees ($225) being paid on documents in this transaction, or Q 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, Q Document is executed or recorded by the state or any county, municipality, or other political subdivision of the state - GC 27388.1(a)(2) Q 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 FEE) (Additional recording fee applies) SIGNED IN COUNTERPART J RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: Lennar Homes of California, LLC 1 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 Pate"), 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 ("DCV LLC"). 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. 1 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 Ordinance No. 2-16 and recorded in the Official Records on March 8, 2016 as Document 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 Document No. 2017138465, as further amended and restated by that certain Amended and Restated Development Agreement dated November 20, 2018 and recorded in the Official Records on February 15, 2019 as Document No. 20190130149, and -as further amended by that certain Amendment No. 1 to the Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFW.vl Amended and Restated Development Agreement effective as of May 21, 2019, as evidenced -by that certain Memorandum of Amended and Restated Development Agreement Between the City of Dublin and Dublin Crossing, LLC Rel�oting 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 two (2) neighborhoods that will be developed in one phase known as "Phase 4," 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 4 pursuant to that certain Agreement for Purchase and Sale qf Real Property and Joint Escrow Instructions dated as of December 10, 2020, as amended from time to time (as amended, the "Purch ase Agreement"). F. Assignor desires to assign, and Assignee desires to as§ume, 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. .1 1 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: 1. fpcorporation 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 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 4 of Venice (NB 19).SFFW.vl 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 (colfectively, 'the "Assum6d 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 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. 5. Approval of Assignment. 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. Counterparts. 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. 3 Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFW.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. 1 12. Severabilfty. 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. I 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,11C 2603 Camino Ramon, Suite 525 San Ramon, CA 9458� 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 docum6nts, 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 4 of Venice (N13 19).SFFW.v1 IN WITNESS WBEREOF, the parties have entered into this Assignment as of the Effective Date. I ASSIGNOR: DUBLIN CROSSING, I. a Delaware limited liability company By: BrookCal Dublin LLC, a Delaware limited 'Jility company Its: Member Name: Man Its: AutWrzed ReDros'6ntative By: Name:, Gonzalo -Rodriguez Its: VIce President, an and Planning By: SPIC Dublin LLC, a Delaware limited liability company Its: Member By: Standard Pacific Investment Corp., a Delaware corporation Its: Member By: Name?"ORED 1N COUN I EKPART Its: Signature Page to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development AgmL for Phase 4 of Venice (NB 19).SFFW.v1 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: IT'r- rM n A Name: !N COUN Its: By: Name: SIGNED IN COUNTERPART 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:, Signature Page to Assignment and Assumption o %df evelopment Agreement and Consent .City f Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFW.v I ASSIGNEE: LENNAWHOMES OF CALIFORNTA, LLC, a California limited liability company By: Name: Its: U Sigature Page -to Assignment and Assumption of evelopment Agreement and Consent df City Assignment of Development Agmt. for Phase 4 of Venice (NB 19).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 OF MyW CA C1DSt(-1 On AA (A ab 1, 210 23 Jbefore me, A( I's c) n " vitz , Nota N P LA01 I o' Date Here Insert Name Analitle Of the Officer personally appeared 150YIZZAID VDdY-t!aUCL CAYId ZYD-41 tOCIC411 Name(s) of Signer(s), OF r y ALISON RAN 7 2 Notary Public - Cailfornia Contra Costa County Commission # 2352113 My Comm, Expires Mar 18, 2025 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 PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seat. iAAAAAAAM Signature oDu- -T Public Acknowledgment Page to Assignment and Assymof ption Development Agreement and Consent of City Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFWvl u ` 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, �✓01r*Va ) - On l,(,t,Y'� ` I �-'�% , before me, Y 00 Date r ' ' Here Insert Name And Title dre Officer personally appeared1' a Name(�of Signer(�1J r- who proved to me 'on the basis of satisfactory evidence to be the person) whose name(A is/a+re•subscribed to the within instrument and acknowledged to me that he/skeA4e5- executed the same in his/heMheir authorized capacity(ip.,&), and that by ,his/ham signature(s) on the instrument the personol, or the ERIN . TATE entity upon behalf of which the person(A acted, COMM. SM761 � executed the instrument. NOTARY PU6UC • CALIFORNIA CONTRA COSTA COUNTY I certify under PENALTY OF PERJURY under the if MY COMM. EXP. JULY 20. 2025 laws of the State of California that the foregoing paragraph is true and correct. 07 5WI y hand and official seal. Place Notary Seal Above Acknowledg�minent Pagge to Assignment and Assumption of Development ftgreement and Consent of City Assignment of Development Agmt. for r Phase 4 of Venice (NB 19).SFFW.vl Acknawiedgment 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 COMiYA O%S 1a ) On NW/�(VY 1 1, Ly�� , before me, e- r 1 n Date Here Insert Name Anaqia Of the Officer personally appeared Name(si dSigner(OT i who proved to me on the basis of satisfactory evidence to be the person(A whose name( is/afe-subscribed to the within instrument and acknowledged to me that he/sheMwy executed the same in his/kk4teir authorized capacity(ieft), .and that- by his/herAheir signatureA on the instrument the person(g),, or the.., ERIN b. TA-rE entity upon behalf of which the person(A acted, a ;s COMM, #2366751 9 NOTARYPUUIC ; CAUFQgN1A executed the instrument. CONTRA COSTA COUNTY MYCOMM.FJfP.VULY20.2025 I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is.true and correct. 1 WITNESS my hand and official seal. . Place Notary sea[ Above ' nature of Notary Public l Acknowledgment Page to Assignment and Assumption of Development Agreement and Consent of City, Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFW.vl Exhibit "A" Legal Description of Phase 4 Real property in the City of Dublin, County of Alameda, State of California, described as follows: Land Description of real property situate in the City of Dublin, County of Alameda, State of California, and being a portion of the lands described in the 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. : $390 acres of land, Alameda and Contra Costa Counties, California, Ada Clement, et; al, filed in the District Court of the United States for the Northern District of California, Southern Division, Civil No. 22352-13, Judgment effective 27 August 1945, Civil No. 22352-R the Final Judgment of Record filed on July 21,1947 and recorded in Book 6132 at Page'l, Official Records of Alameda County, same parcel being a portion of that 180.126 acre parcel shown on that certain map entitled "Record Of Survey No. 2031 ", filed on May 8, 2006 in Book 316t Page 28 of Maps, Official Records of said County and being more particularly described as follows: Beginning at a point on the north line of the said 180.126acto parcel, same point being the northwest corner of Lot 2 as created by Parcel Map'l 05.86 recorded on December 8, 2016 in Book 334 of parcel maps, at page 59 Official Records of said County; Thence along the west line of Parcel Mao 10586, South 010 351 511"West � 461.61 feet; Thence crossing through the said USA parcel for the fbilowitig four (4) courses: (1) North 880 24, W' West - 310.34 feet for the beginning of a curve, to -the left, eft, (2) In a southwesterly direction 585.95 feet along the arc of said curve to the left, having radius of 682.00 feet and through a central angle of 4911 13'36", (3) South 42° 22' 16' West - 78.93 feet for the beginning of a curve to the right, and (4) in a southwesterly direction, passing a north corner of Parcel 2B described in a4eed to Dublin Crossing, LLC recorded on March 17, Exhibit A to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFW.vl 20.17 under document no. 12017-064517 Official, Records of said County at an arc distance of 82.33 feet, in ail for a total arc dl$tance of 219.22 feet along the arc of said curve to the right, having a radius of418.00 feet and through a ceritrel angle of 300 02' S7"; Thence along said north lin`e-of Parcel 28 for the following eight (8) courses. (1) South- 17° 34' 48" East - 70.00 feet to the beginning -of a curve to the right, from which point the center bears'North I 34' 48 West, (2) in a westerly direction 97492,feet along .the'arp of said curve to the right, having a radius of 488.00 feet and through a. central angle of 116 29, 50", (3) South 01 ° 35' 151" West - 69,85 feet (4) North 88' 2409" West „ 77 00 Ot, (5) South 010 35' 51"West - 60,00 feet; (6) North 88° 24' 091,West - 16250 feet, (7) South 596 41' '33" West - 108.23 feet, and (8) 'South 01 ° 35 52" West w 4241.8C1 feet; Thence crossing through the USA parcel for the, following five (5) courses: (1) North 880 24' 00" West-48.0.25feet; (2) South 220 55' 53" West-402.95feet, (3) North 88 ° 24'.09" West -6.82 feet, (4) North 010'35' 511" East - 77.24 feet, and .(5) North 56° 55" 01" West - 81.89 .feet to the southeast corner of {Parcel 2A described in the above mentioned deed to .Roblin Crossing, LLC; Thence, along the east line of .Parcel 2A, North 280 27" 35" East;- 3a9.93 feet to the east common corner of said Parcel 2A and. Parcel 1-described in a deed to Dublin Crossing, LLC rec6tded on August 28, 2015, under document no. 2015-239931 Official. Records of ,said County; Thence along the east Line of said Parcel 1, North 01 35' 20" East - 315.6..8 feet to the: northeast corner of Parcel 1; Thence along the north line of Parcel 1,, North 880 26' 23" West -- 206:51 feet for the beginning of 'a curve to the left, Thence crossing through the USA parcel for, the fallowing six (0) courses (1) in a northeasterly direction ,$97.82 felt along the arc of said curve to the Ieft, having a radius Exhibit A to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFW.vI of 630.00 feet and pan gle a through ' ral 'le of 350 40' 12",-(2) North '55*53' 2V' East g . ent ., 188.66feet "for the -beginning of a curve to the right, (3) in a hortheas;terlv�directioh 362.711 feet along the are.of said curve to the right, having a radius of 582.00 feet and through a central angle of 35' 42! 2611, (4) South 880* 24f O!W' East - 170..O`0 feet"for"the b6gihtying of a, qu rve to the right, 0) in aneasterlydirection 40.42 feet along the arc of said curve, to the, right; having O,r4dius of 418.00 foot and through tingle pf,06* 38!.14'!, and 9 - (6) North 38* 42' OW, East - 407.76 feet too point on the north line of the 180.12eac.re parcel; Thence along said north, lind for thelfollowing three (3) courses: (1) South 88 2410911 East - 72.35 Met, (2) North 38* 421 0311 East - 7.20.06,feef, and (3) South,8'80 24' 09" East,- 393.36 feet to the Point of Begllnolln% conta I Iiiing 740 r less, � 660 Square Feet of land girpp, more o Description continues on next page. Exhibit A to Assignment and Assumption ?f- Development Agreement and Consent of City Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFW.vl Land Description of real"prope . rty situate in the City of Dublin, County of Alameda-, -State of California, and being a' portion of the lands described in the 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. 31396' acres -of land, Alameda and Contra "Costa Counties, California, Ada Clement, eta), , filed in the District Court of the United States for the Northern District of California, Southe"mDivision, Civil No. 22352-B, Judgment effective, 27 August 1945, Civil No. 22362-R'th6 Final Judgment,of Record filed on July 21, 1947 and recorded in' Book' 6132 at Page 4, 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 ofsaid County and being more particularly described as follows: Commencing at the northwest corner of Parcel 1 described in a deed to Dublin Crossing, LLC recorded on August 28, 2015, under document no. '201 5r239931 Official Records of said County; Thence along the north line of Parcel 1, South 880 261 33", East — 7311.53 feet; The across the 180.126 acre parcel, North 011'. 35' 61" East —183;83 feet for the. Point of Beginning hereof, Thence continuing across the '180.126,acre parcelNorth 01 * 351 51 11 East — 484.02 feet; Thence along the north line of the 180.126 acre patdel, South 880 .241 09" East ­460.00 feet;, Thence continuing, across the USA parcel for the following four (4) courses: (1) South Old 351 5111 West - 649.19 ft.tforlhe beginn . Inig of a curve to the right, from which point the center bears North 120 1212&'West, (2) In a northeasterly direction 79.32 feet -along the arc of said curve Wthe right, having a radius I Exhibit A to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFW.vl of 639.00 feet and through a central angle of 070 0614311, (3) North 01* 361 611"East - - 179.52fept, and (4) North 88026' 23" West -382.00 feet to the Point of Beginning, Containing 236, 100 Square Feet of land area, more or less. Exhibit A to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt. for Phase 4 of Venice (MB 19).SFFW.vl Exhibit "B" Legal Description of Property Real property in the City of Dublin, County of Alameda, State of California, described as follows: LOTS.13 THROUGH :16, INCLUSIVE, LOTS 26 THROUGH 31, ..INCLUSIVE, AND PARCELS E, O, P, V, EE AND FF, AS SHOWN ON THE MAP ENTITLED "TRACT' 8370, FILED IN THE OFFICE OF THE RECORDER ON ,RTNE 23, 2021, Il",�T BOOK 30 OF MAPS, AT WAGES 60 THROUGH 67, ALAMEDA COUNTY RECORDS. APNs; 986-0074-0I 7. (Lot 13), . .986-0074; 018 (Lot 14) 986-0074-019 (Lot 15) 986-0074µ020 (Lot 16) 986-0074-030 ,(Lot 2) 986-0074031 (Lot 27) 986-0074-032, (Lot 8) 986-0074 ,033.'(Lot 29) 986-0074-034 (Lot 30) 986-0074-03 5 (Lot 31) 986�0074-001' (Parcel E) 986.0074-006 (Parcel O) 986-0074-007 (Parcel P) 986-0074-009 (Parcel V),^ `986-0074-00 (Parcel EE) 986-0074-004 (Parcel FF) ^ r ' l J Exhibit .B to Assignment and Assumpfion 9f Development Agreemen acid Consent,of City Assignmeni,of Development Agmt, for Phase 4 of Venice (NB 19).SFFW.vl 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 fin-ther 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: a I y Title: City,Manager ATTEST: ail j ilM t By: 1, V I-W"/v Name: Title: City Clerk APPROVED AS TO FORM By: 1ft# RPART Name: STIMNIMI& I# I - Title: City Attorney I City Consent to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt. for Phase 4 of Venice (NB 19),SFFW.vl 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: MWEITSIXIMM BY: Name: Title: MT '!dN1;pbL0W City Manager WWW6 By: '--TGNED IN COUNTERPART Name: Title: City Clerk APPROVED AS TO FORM By: Namet. Title. ity Attorney City Consent to Assignment and Assumption of Development Agreement and Consent of City Assignment of Development Agmt. for Phase 4 of Venice (NB 19).SFFW.vl CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE §1189 , ­­­ .......... . I 1­­__..­_­­ . ..... ..................... I ...................................... 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 Countyof Alameda C On Februajy 28, 2023 before me, Marsha Louise Moore Notary Public, personally, appeared Linda Smith who proved to me on the basis of satisfactory evidence to be the person(s) whose name(o is/tee subscribed to the, within instrument and acknowledged to me that 4e/she/they executed the same in �/her/tl:v& authorized capacity",,and that by, 41s/her/#P_* signature(s) on the instrument the person, or the entity upon behalf of which the personks) 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. --- ------- MARSHA LOUISE MOORE Notary Public - California Signature (Seal) Alameda County , Commission # 2339618 *my Comm. Expires Dee 8, 2024