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HomeMy WebLinkAboutRecorded Doc 2022-036 Alt- 0362 Recording requested by and when 2022-°0263104 Recorded mail to: 06/09/2022 12:19 PM Fee: $ 0.00 Page 1 of 8 Coachella Valley Repertory Recorded in Official Records of68510 E. Palm Canyon Drive PeteryAldanaverside Cathedral City CA 92234 Assessor-County Clerk-Recorder I VI INIIIIMUNCIIIIM Por. APN 687-475-002 & 003 GRANT DEED SUBJECT TO COVENANTS, CONDITIONS SUBSEQUENT, AND GRANTOR'S POWER OF TERMINATION For valuable consideration, receipt of which is hereby acknowledged, CITY OF CATHEDRAL CITY, a municipal corporation, (Grantor) Hereby Grants to: COACHELLA VALLEY REPERTORY, a California nonprofit public benefit corporation, (Grantee) Those portions of Lots 2 and 3 of Tract No. 28339, as shown by map on file in Book 272, at Pages 25 through 28, inclusive, Maps, in the office of the County Recorder of said Riverside County, as more particularly described in Exhibit "A" and depicted in Exhibit "B", which are attached hereto and made a part hereof. This deed arises from City of Cathedral City Lot Line Adjustment No. 2021-532 and is not intended to create a single legal parcel within the meaning of State Civil Code Section 1093. The property conveyed by this deed shall merge into a single legal parcel with property owned by the Grantee. DEED COVENANTS 1. Nondiscrimination Covenant: This conveyance is subject to the following Non-discrimination covenant, and also subject to all covenants, conditions, restrictions, reservations, rights, easements, rights of way, encumbrances and any other matters of record. Grantee agrees that the following Non-discrimination covenant shall bind Grantee for itself, and its successors and assigns, and all subsequent holders of any interest in the property described herein (hereinafter "Property") and are covenants running with the land: There shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, sexual orientation, domestic arrangement, domestic partnership status, national origin or ancestry in the development, construction, sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the Property described in the attached Exhibit "A", or any interest conveyed therein, nor shall Grantee or any grantees or any persons claiming under or through the Grantee establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees or vendees in the said Property. This covenant shall remain in effect in perpetuity. All of the foregoing agreements and covenants shall run with the land and shall inure to the benefit of and be enforceable by Grantor, and its successors and assigns. In the event of any breach of the covenants contained herein, Grantor shall have the right to exercise all the rights and remedies available at law or in equity to enforce these covenants. 2. Grantor's Power of Termination Grantor hereby reserves a power of termination pursuant to Civil Code Section 885.010 et seq., exercisable by Grantor, in Grantor's reasonable, sole and absolute discretion, upon written notice to Grantee referencing this section, to terminate the fee interest of Grantee in the Property and the improvements of or to the Property and revest fee title in Grantor and take possession of all or any portion of such real Property and improvements, without compensation to Grantee, upon the occurrence of the following event: Grantee or its allowed assign, successors and heirs shall fail to continuously use and operate the Property for Theater Use (as defined below), which may exclude Saturdays, Sundays, state holidays, national holidays, and reasonable temporary periods of non- operation during (i) performance, with consistent and diligent efforts, of major renovations of the Property improvements or (ii) during force majeure events beyond Grantee's reasonable control while using diligent efforts to re-open, such as earthquake, fire and acts of terrorism. The term "Theater Use" means the following uses in compliance with the restrictions and requirements of all matters of record title to the Property as of the date hereof, and all applicable laws, zoning, and governmental ordinances, noise restrictions, codes and regulations: (A) Primarily engaging in the admission to the property of members of the public in exchange for the admittee's purchase of per-person per-seat admission tickets from Grantee for seating within a group seating area for any of the following: viewing or listening to movies, videos, films, digital data, music, live entertainment (whether live performance plays, skits, repertory theater shows, concerts, exhibitions, special event, sporting events, health or fitness events, educational offerings, classes, speakers, or otherwise), simulcasts, workshops, seminars, festivals, or conventions, and (B) ancillary uses of the property improvements for retail restaurant or retail shop operations. The term "Primarily Engaging" means the theater facilities shall comprise not less than the lesser of (1) sixty-five percent (65%) of the total legally permissible building floor area of the theater (non-retail and non-restaurant) portions of the Property and (2) fifteen (15 thousand (15,000) square feet of building floor area. "Theater Facilities" means any building or portion thereof on the Property specifically designed, constructed and used for seated group viewing or seated group listening of or to movies or live entertainment and the patron lobby concessions stand, ticket booth, and restrooms therefor. Grantee further shall use the Property primarily for theater use as defined above. Any change in the use and allowed operation of the Property may be made only with the prior written consent of Grantor, which consent shall not be unreasonably withheld, conditioned or delayed. 3. Run with the Land The covenants in this Grant Deed and the Grantor's rights and remedies and powers under this Grant Deed run with the land of the Property and bind Grantee and each successive owner of the Property, and each successive owner of any portion of the Property. However, Grantor's power of termination hereunder shall not defeat, render invalid or limit, any leases, declarations of covenants, conditions and restrictions, easement agreements or other recorded documents applicable to the Property that are recorded after Grantee has first obtained the prior written consent thereto of Grantor. 4. Conveyance of Fee Title Upon Grantor's exercise of its power of termination pursuant to this Grant Deed, Grantee, its successors or assigns shall convey fee title to the Property and all improvements on or to the Property to Grantor by Grant Deed in accordance with California Civil Code Section 1109, as such code section may hereinafter be amended, renumbered, replaced or substituted. Such conveyance shall be duly acknowledged by Grantee and a Notary in a manner suitable for recordation. Grantor may enforce its rights pursuant hereto by means of an injunctive relief, or forfeiture of the action filed in any Court of competent jurisdiction. 5. No Compensation Grantee acknowledges and agrees for itself, its successors and assigns, and each successor-in-interest to the Property, any such revesting of fee title to Grantor shall be without compensation to Grantee, its successors or assigns or any successor-in-interest to title to the Property. 6. Not Secured by Deed of Trust The covenants of Grantee under this Grant Deed are not secured by a deed of trust. 7. Re-Entry IMMEDIATELY FOLLOWING GRANTOR'S GIVING OG THE NOTICE SPECIFIED IN SECTION 2 ABOVE, GRANTOR, ITS EMPLOYEES, AGENTS, CONTRACTORS, OFFICERS AND REPRESENTATIVES SHALL HAVE THE RIGHTS TO RE-ENTER AND TAKE POSSESSION OF ALL OR ANY PORTION OF THE PROPERTY AND ANY IMPROVEMENTS ON OR TO THE PROPERTY WITHOUT FURTHER NOTICE AND WITHOUT COMPENSATION TO GRANTEE. BY INITIALING BEELIOW, GRANTEE HEREBY EXPRESSLY WAIVES T, TO THE MAXIMUM EXTENT ALLOWED BY LAW, ANY AND ALL RIGHTS THAT GRANTEE MAY HAAVE UNDER CALIFORNIA CODE OF CIVIL PROCEDURES SECTION 1162, AS THOSE STATUTES MAY BE AMENDED, REPLACED, RENUMBERED OR SUBSTITUTED, OR ARE UNDER ANY OTHER STATUTES OR COMMON LAW PRINCIPLES OR SIMILAR EFFECT. Grantee's initials 8. Waiver GRANTEE ACKNOWLEDGES AND AGREES THAT GRANTOR'S EXERCISE OF ITS POWER OF TERMINATION AND RIGHT OF ENTRY PURSUANT TO ITS POWER OF SALE HEREUNDER MAY WORK A FORFEEITURE OF THE ESTATE IN THE PROPERTY ONVEYED TO HGRANTEE PURSUANT TO THIS GRANT DEED. GRANTEE HEREBY EXPRESSLY WAIVES TO THE MAXIMUM EXTENT ALLOWABLE BY LAW, ANY AND ALL EQUITABALE AND LEGAL DEFENSES THAT GRANTEE MAY HAVE TO SUCH FORFEITURE, INCLUDING BUT NOT LIMITED TO, THE DEFENSES OF LACHES, WAIVER, ESTOPPEL, SUBSTANTIAL PERFORMANCE OR COMPENSABLE DAMAGES. GRANTEE FURTHER EXPRESSLY WAIVES TO THE MAXIMUM EXTENT ALLOWED BY LAW, ANY AND ALL RIGHTS AND DEFENSES THAT GARNTEE MAY HAVE UNDER CALIFORNIA CIVIL CODE SECTION 3275 OR OTHER STATUTE OR COMMON LAW PRINCIPLE OR SIMILAR EFFECT. GRANBTEE AKNOWEDGES AND AGREES THAT THE TERMS AND CONDITIONS OF THIS GRANT DEED REFLECT THE POSSIBILITY OF FORFEITURE BY VIRTUE OF THE EXERCISE OF GRANTOR'S POWER ORF TERMINATION PROVIDED HEREIN AND FURTHER ACKNOWLEDGES IT HAS ECIEVED INDEPENDENT AND ADEQUATE CONSIDERATION FOR ITS WAIVERS AND REINQUISHMENTS OF RIGHTS AND REMEDIES PURSUANT TO THIIS GRANT DEED. PLC- Grantee's initials SIGNATURES FOLLOW ON NEXT PAGE Executed this P2 day of ,U" , 2022. GRANTOR: CITY OF C.. THEDRAL CITY A munici• • cor•oration By: T,, T:mi E. cott, Director of A dministrative Services ATTEST: f (��f-cJYvl �� 'E,t- Tracey . Hermosillo, City Clerk City of Cathedral City Grantee acknowledges that Grantee has specifically read and understood and agrees to the above Non-discrimination covenants and the Deed Covenant for the Grantor's Power of Termination, including the Grantor's rights and power of termination, re-entry, repossession, removal, revocation, and enforcement under the Deed Covenants, without any payment, compensation or refund to Grantee or anyone else. GRANTEE: COACHELLA VALLEY REPERTORY A California nonprofit public benefit Corporation By: CCLoeg)6:4C60------ Name: :o &tip Title: ?dcc,8 Date Jtikre- -) +- / ?Ai LL- EXHIBIT "A" GRANT DEED TO COACHELLA VALLEY REPERTORY The following portions of Lot 2 and 3 of Tract No. 28339, as shown by map filed in Book 272, at Pages 25 through 28, inclusive of Maps, Records of Riverside County, California, described in Parcels as follows: Parcel 1: The following described portion of said Lot 2: Beginning at the Northeast corner of said Lot 2 of Tract 28339; Thence, North 89° 53' 51" West, along the North line of said Lot 2, a distance of 27.50 feet to the True Point of Beginning; Thence, South 00° 06' 09" West, 3.00 feet to a point on a line parallel with and distant Southerly 3.00 feet, measured at right angles from, the said North line of Lot 2; Thence, North 89°O 53' 51" West, 120.66 feet along said parallel line; Thence, South 45°06' 09" West, 51.39 feet to a point on a West line of said Lot 2; Thence, North 00° 06' 09" East along the West line of Lot 2, a distance of 12.73 feet; Thence, North 45° 06' 09" East, 37.63 feet; Thence, South 89° 53' 51" East, 130.39 feet, along the North line of said Lot 2, to the True Point of Beginning. Containing 777 sq. ft., more of less. Parcel 2: The following described portion of Lot 3: Beginning at the Northwest corner of said Lot 3; Thence, South 00° 06' 09" West, along the West line of said Lot 3, a distance of 88.53 feet, to a point on the North line of said Lot 2 of Tract No. 28339; Thence, South 89° 53' 51" East, along the said North line of Lot 2, a distance of 3.00 feet; Thence, North 00° 06' 09" East 88.53 feet to the North line of said Lot 3; Thence, North 89° 53' 51" West, 3.00 feet, along the said North line, to the Point of Beginning. Containing 266 sq. ft., more of less. This legal description is based upon record data and was prepared by:AP---A-----/ f � - G - 2.''' -2'1"- David �David R. Faessel RCE 18731 cr . F.4 4( s CD LW 4 R.C.E. 18731 rrIl - III * -K s�' C / y k - 0.P PF °F CAL IF OR kcc,\pNAL F c Ca a DAVID R. FAESSEL rn EXHIBIT "B" R.C.E. 18731 xi 43 `1>9T�, CI V IL\�O���Q OF CA` r A VENIDA L A L 0 GUERRERO O _ _ N89 53'51"W it T W o Lor »D» <. � Q ' N89 53'51"W 234.95' , / ,,,_N89 53.51"W �' N45'14'01"E r 3_00' 24.05' Q ) ` 27.23' LOT 1 �l (R) N8953'48"E TRACT 28339 PARCEL 2 R=3044 00' MB 272/25-28 cd p J �d=017145" Z L=63.53' PARCEL 1 Cc k- I 3_00' N01'05'33"E J� + N89'53'51"W 127.39' 1 30.50' F2). 10.54' W s7, N42 20'51'E ph��6� 3 00' N89 53'51"W 120.66' 3 00' LOT 3 Q 13.90' �c TRACT 2833, N12.739"E 0c°�A 27.50' MB 272/25-28 951,7 o' '',\^).c5 LOT 2 In N73ys4¢ �4.�s9„E MB 272/25-28 a 1gJS6 ,w m 0 p- ...„o sf-'6:4/7)Vi _\ 2 \`\�V N71��� ,O PARCEL 1 = 777 SF ,_____-�0/Q PARCEL 2 = 266 SF / r AREA OF GRANT DEED \ CITY OF CATHEDRAL CITY GRANTOR: AREA OF GRANT DEED TO CITY of CA THEDRAL CITY COACHELLA VALLEY REPERTORY DESIGN By: SCALE: FILE NO. LEGAL DESCRIPTION: DRF 7”=60" PORTIONS OF LOTS 2 AND 3 OF TRACT 28339, MB 272/25-28 CHECKED BY. SHEET NO: 1 OF 1