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HomeMy WebLinkAboutRecorded Doc 2015-107 2015-107 ,,2c3 I -1 d 2015-0509885 WHEN RECORDED MAIL TO 11/19/2015 04:26 PM Fee: $ 0.00 Page 1 of 4 Recorded in Official Records County of Riverside City of Cathedral City Peter Aldana Assessor-County Clerk-Recorder 68700 Avenida Lalo Cathedral Ci y, CA 92234 Guerrero 'Attn: City Clerk ra s R A Exam: `r Page DA PCOR Misc Long RFD 1st Pg Adtl Pg Cert CC 4 SIZE NCOR SMF 430, T: CERTIFICATE OF COMPLETION I, Charles P. McClendon, City Manager of the City of Cathedral City, the Successor Agency to the Cathedral City Redevelopment Agency (the "Successor Agency") , hereby certify as follows : Section 1 . The hotel/motel improvements along with related restaurant uses required to be constructed in accordance with that certain Owner Participation Agreement (the "Agreement") dated March 17, 2000, and recorded on April 28, 2000, as Instrument Number 2000-158570 in Official Records of Riverside County, California, by and between the Cathedral City Redevelopment Agency and Palm-Ford Ventures, LLC (the "Participant") on that certain real property more fully described in Exhibit "A" attached hereto and incorporated herein by this reference, have been completed in accordance with the provisions of said Agreement . Section 2 . This Certificate of Completion shall constitute a conclusive determination, as of February 8, 2001, of satisfaction of the agreements and covenants contained in the Agreement with respect to the obligations of the Participant, and their successors and assigns, to construct the improvements, and the dates for the beginning and completion thereof; provided, however, that the Successor Agency may enter the Property for the purposes of enforcing any covenant of the Agreement and shall have the right to offset such expenditures against sums otherwise due to the Participant under the Agreement . Said Agreement is an official record of the Successor Agency of the Cathedral City Redevelopment Agency and a copy of said Agreement may be inspected in the office of the City Clerk, at the City of Cathedral City, 68700 Avenida Lalo Guerrero, Cathedral City, California 92234, during regular business hours exclusive of Fridays . Section 3 . The real property to which this Certificate of Completion pertains, as described in said Agreement, is more fully described in Exhibit "A" attached hereto. DATED and ISSUED this f � day of dV£2-t Orc_IZ 2015 . Charles P. McClendon, City Manager, ' City of Cathedral City ATTEST: C,L412 irl4CA X -t4i. Tracey RU Martinez, C Deputy City Clerk City of Cathedral City EXHIBIT "A" TO CERTIFICATE OF COMPLETION FOR OWNER PARTICIPATION AGREEMENT RECORDED APRIL 28, 2000, INST. NO. 2000-158570 That real property in the City of Cathedral City, County of Riverside, State of California, lying in the Northeast quarter of Section 33, Township 4 South, Range 5 East, San Bernardino Base and Meridian, being more particularly described as follows: Parcel 1: Commencing at the Northeast corner of said Section 33; thence South 89° 35' 30" West along the North line of Section 33, a distance of 83.14 feet to the West line of Date Palm Drive per Instrument No. 32734, recorded February 19, 1980, O.R., said point being the True Point of Beginning; thence continuing along said North line South 89° 35' 30" West, a distance of 179.36 feet; thence South 00° 05' 08" East, a distance of 292.00 feet; thence North 89° 35' 30" East, a distance of 202.50 feet to the West line of Date Palm Drive (60-foot half width); thence North 00° 05' 08" West, a distance of 236.90 feet; thence North 42° 41' 35" West, a distance of 33.93 feet; thence North 00° 24' 30" West, a distance of 30.00 feet to the True Point of Beginning, the previously described three (3) courses having been along the West line of Date Palm Drive. (APN 687-480-001) Parcel 2: Commencing at the Northeast corner of said Section 33; thence South 89° 35' 30" West along the North line of Section 33, a distance of 83.14 feet to the West line of Date Palm Drive per Instrument No. 32734, recorded February 19, 1980, O.R., thence continuing along said North line South 89° 35' 30" West, a distance of 179.36 feet; said point being the True Point of Beginning; thence South 00° 05' 08" East, a distance of 292.00 feet; thence North 89° 35' 30" East, a distance of 202.50 feet to the West line of Date Palm Drive (60-foot half width); thence South 00° 05' 08" East, a distance of 7.88 feet; thence North 89° 54' 52" East, a distance of 20.00 feet; thence South 00° 05' 08" East, a distance of 445.67 feet to the intersection of a line parallel with and 600 feet Northeasterly of the Northeasterly line of Parcel 4 of Parcel Map No. 8291, Records of Riverside County, the previously described three (3) courses having been along the West line of Date Palm Drive; thence North 46° 38' 35" West along said parallel line a distance of 875.75 feet; thence North 00° 24' 30" West, a distance of 139.90 feet to the North line of Section 33; thence North 89° 35' 30" East along said North line, a distance of 414.15 feet to the True Point of Beginning. (APN 687-480-004, 005, 006, 016 and 017) The above descriptions are from Exhibit "A" of the recorded Owner Participation Agreement CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE§1189 -,,,,,,,,<, c�t..� C.TY.a� .t ...ae..i c-m,aL,aC.Te ,..a:.a..=...:c c. •ra..a .,..t.m . ,..aGS,,..s»::>+lci•.s,4:vat.T<�. ..mot. 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 1 R\�}C_�I ) On ( 1 I IS- 20 1 before me, I^� et--(C- D I e He"..Insert Name and Title of the Officer personally appeared CIA-4 2 S Q . pc DO k_i Name(s)of Signer(s) 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 JIM L.SHERMAN is true and correct. i - Commission•2054335 WITNESS my hand a • offici / -- 'li Notary Public-California i ` Riverside County `'t' M Comm.E ices Feb 2,201.8 Signature ���� �ignatu-- otary Public Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies)Claimed by Signer(s) Signer's Name: Signer's Name: ❑Corporate Officer — Title(s): ❑Corporate Officer — Title(s): ❑Partner — ❑ Limited ❑General ❑Partner — ❑Limited ❑General ❑Individual ❑Attorney in Fact ❑Individual ❑Attorney in Fact ❑Trustee ❑Guardian or Conservator ❑Trustee 0 Guardian or Conservator ❑Other: ❑ Other: Signer Is Representing: Signer Is Representing: _,--'�.'✓.'�-✓,.-,v"�.-ei.iy'.La' -.v.y.mom"� .:',�.'ai.-.v'�✓..-�•1'y.'"m' .''s'.'y.-•✓4�'a.'Ay.6 y.,v._..v'.�a.-er-ate-a.-.v a ti=.'.'a,%L::t;¢,v4-a'aq� ©2014 National Notary Association •www.NationalNotary.org • 1-800-US NOTARY(1-800-876-6827) Item#5907