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HomeMy WebLinkAbout2024-0084510 - APN Nos. 681-170-038 and 681-170-071zl_ RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City of Palm Springs 3200 E. Tahquitz Canyon Way Palm Springs, CA 92262 Attn: City Clerk Mr. Oscar Vasquez EHOF CANYON VIEW, LLC c/o Encore Capital Management 770 Tamalpais Drive — Suite 401 B Corte Madera, CA 94925 2024-0084510 03/22/2024 12:32 P11 Fee: $ 40.00 Page 1 of 9 Recorded In Official Records County of Riverside Peter Aldana Assessor -County Clerk -Recorder 1111 NNI'M }� SMull II 14 M. Space Above This Line For Recorder's Use Only Exempt from Recording Fees per Govt. Code §27383 RELEASE OF DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS TO INSTALL STREET IMPROVEMENTS UPON NOTICE (TRACT MAP) AND RELEASE OF DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS TO PARTICIPATE IN DISTRICT FOR UTILITY UNDERGROUNDING UPON NOTICE (TRACT MAP) THIS RELEASE OF DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS TO INSTALL STREET IMPROVEMENTS UPON NOTICE (TRACT MAP) AND RELEASE OF DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS TO PARTICIPATE IN DISTRICT FOR UTILITY UNDERGROUNDING UPON NOTICE (TRACT MAP) ("Release") is executed as of this day of , 2024 by the CITY OF PALM SPRINGS, a California charter city and municipal corporation ("City") and is made with reference to the following facts: A. On or about January 31, 2019, the City entered into that certain "Settlement Agreement and General Release" (the "Settlement") with EHOF Canyon View, LLC, a Delaware limited liability company ("EHOF"). B. The Settlement applied to a property site (the "Property") located at the southwest corner of East Palm Canyon Drive and Matthew Drive (APN Nos. 681-170-038 and 681-170-071), more particularly described in the attached Exhibit "A", which provides the legal description of the Property. C. As part of the Settlement, EHOF agreed to record a covenant that would run with the land, referenced in Section II(D)(d) of the Settlement as Exhibit `B", and titled "AGREEMENT AND DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS REGARDING PARTICIPATION IN DISTRICT FOR UTILITY UNDERGROUNDING AND STREET IMPROVEMENTS" (the "Settlement Covenant"). D. Two covenants (the "2023 Covenants") "Declaration of Covenants, Conditions and Restrictions to Install Street Improvement Upon Notice (Tract Map)" (Instrument No. 2023- 0372736), and "Declaration of Covenants, Conditions and Restrictions to Participate in District for Utility Undergrounding Upon Notice (Tract Map)" (Instrument Nos. 2023-0372735) were recorded against the property instead of the intended Settlement Covenant. E. The parties, the City and EHOF, had intended to record the Settlement Covenant and such covenant will be recorded with the County Recorder of Riverside County prior to recordation of this instrument. F. The Settlement Covenant has been recorded with the County Recorder of Riverside County as "Agreement and Declaration of Covenants, Conditions and Restrictions Regarding Participation in District for Utility Undergrounding and Street Improvements" with instrument number 2024-0065387 on March 8`", 2024. G. The City now desires to release the 2023 Covenants. RELEASE OF THE 2023 COVENANTS NOW THEREFORE, in consideration of the foregoing recitals, which are hereby incorporated into this Release as if fully set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the City further agrees as follows: Recitals. All recitals above are true, correct, and incorporated herein. 2. Release. The "Declaration of Covenants, Conditions and Restrictions to Install Street Improvement Upon Notice (Tract Map)' (Instrument No. 2023-0372736) and "Declaration of Covenants, Conditions and Restrictions to Participate in District for Utility Undergrounding Upon Notice (Tract Map)' (Instrument No. 2023-0372735), each executed in favor of the City of Palm Springs, are hereby terminated and released from the Property, and are of no further force or effect. IN WITNESS WHEREOF, the City has executed this Release as of the date set forth above. CITY: CITY OF PALM SPRINGS, a municipal corporation By: ✓ co C.`jktie�j / G}y m�jer- Date: 3 L/ZZ TTT—� ATTEST: City Clerk) (Z JJ \,) A APPROVED AS TO FORM: Je all' ge , Cit orney EHOF: EHOF CANYON VIEW, LLC, a Delaware lim' ed liability company By: Osca asquez, Authorized Signatory ACKNOWLEDGEMENT 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 #Q�19 ) MIS Notary Public, personally appeared who proved to me on the basis of satisfactory evidence to be th 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 MAY CHRIMME BALDWIN • Notary Public - California Marin Cwnry Commission a 2375019 ,My Comm. Expires Sep 13, 2025 (Seal) CALIFORNIA ACKNOWLEDGMENT CIVIL CODE § 1189 A notary public or other officer completing this certificate verifies ontythe 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 Calif nia ii 1 Coun�tyyof �t ` ec 1AQi J} L A' On 1' oxc11 9-1 • before me, iP.ri'f Lst Date Here Insert Name and Me of the Offcer personally appeared Sc;cryk l Skr1eS 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. MENr ensi Mowry Public - taIHarnia Riverside Coumy Commission N 2398347 My Comm. Expires Mar 2a, 2016 Place Notary Seal and/or Stamp 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 OPTIONAL Completing this information can deter alteration of the document or fraudulent reattachment of this form to on unintended document. Description of Attached Document Title or Type of Document: Document Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ GaPe al ❑ Individual ttorney in Fact ❑ Trustee o Guardian or Conservator ❑ Other. 02019 National Notary Association of Pages: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer is Representing: EXHIBIT A LEGAL DESCRIPTION OF PROPERTY PARCEL 1: (APN: 681-170-038) THAT PORTION OF THE NORTH 1/2 OF THE SOUTHEAST'% OF SECTION 30, TOWNSHIP 4 SOUTH, RANGE 5 EAST, SAN BERNARDINO MERIDIAN, IN THE CITY OF PALM SPRINGS, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, ACCORDING TO THE OFFICIAL PLAT THEREOF, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF THE NORTH HALF OF THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION MARKED BY A UNITED STATES GOVERNMENT LAND OFFICE BRASS CAP; THENCE NORTH 0004'27" WEST, ALONG THE WEST LINE OF THE SOUTHEAST QUARTER OF SAID SECTION, 353.00 FEET; THENCE SOUTH 89051'42" EAST, 240.00 FEET; THENCE CONTINUING SOUTH 89051'42" EAST, 117.32 FEET TO THE BEGINNING OF A TANGENT CURVE, CONCAVE NORTHWESTERLY AND HAVING A RADIUS OF 300.00 FEET; THENCE NORTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 90015'58" AN ARC DISTANCE OF 472.63 FEET TO THE END THEREOF; THENCE TANGENT TO SAID LAST MENTIONED CURVE NORTH 0007'40" WEST, 0.61 FEET MORE OR LESS TO A POINT ON THE NORTHERLY LINE OF THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION; SAID POINT BEING THE TRUE POINT OF BEGINNING; THENCE EASTERLY ALONG SAID NORTHERLY LINE NORTH 8905212Cr EAST, 369.62 FEET; THENCE SOUTH 72058'49" EAST 358.32 FEET ALONG A LINE WHICH IS EXTENDED, WOULD INTERSECTTHE EASTERLY LINE OFTHE NORTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION 169.86 FEET NORTHERLY THEREON FROM THE SOUTHEASTERLY CORNER THEREOF; THENCE SOUTH 0008-18" WEST, 552.76 FEET TO A POINT ON THE SOUTHERLY LINE OF THE NORTH HALF OF THE NORTHEAST QUARTER OF 55575.18120\420719101 THE SOUTHEAST QUARTER OF SAID SECTION, DISTANT WESTERLY THEREON NORTH 89051'42" WEST, 1263.26 FEET FROM THE SOUTHEASTERLY CORNER THEREOF; THENCE WESTERLYALONG SAID SOUTHERLY LINE NORTH 89051'42" WEST, 52.41 FEET MORE OR LESS TO THE SOUTHWEST CORNER OF THE NORTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION MARKED BY A UNITED STATES INDIAN SURVEY CAPPED PIPE; THENCE CONTINUING NORTH 89051'42" WEST ALONG THE SOUTH LINE OF THE NORTH HALF OF THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION, 657.20 FEET, MORE OR LESS TO A POINT ON A LINE WHICH BEARS SOUTH 0°07'40" EAST, 655.01 FEET FROM THE TRUE POINT OF BEGINNING, THENCE NORTHERLY ON SAID LINE NORTH 0007'40" WEST, 655.01 FEET TO THE TRUE POINT OF BEGINNING. EXCEPT THE INTERESTAS CONVEYED TO THE CITY OF PALM SPRINGS, CALIFORNIA, A MUNICIPAL CORPORATION, IN DEED RECORDED AUGUST 9, 1968 AS INSTRUMENT NO. 77325, OF OFFICIAL RECORDS, WHICH INTEREST IS RECITED AS "A RIGHT OF WAY IN FEE" AND TO THE PORTION OF SAID LAND LYING WITHIN THE FOLLOWING DESCRIBED: BEGINNING AT THE SOUTHWEST CORNER OF SAID NORTH HALF OF THE NORTH HALF OF THE SOUTHEAST QUARTER; THENCE ALONG THE SOUTHERLY LINE OF SAID NORTH HALF OF THE NORTH HALF OF THE SOUTHEAST QUARTER, SOUTH 89°51'42" EAST, 615.05 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING SOUTH 89051'42" EAST ALONG SAID SOUTHERLY LINE 88.00 FEET; THENCE NORTH 0007'40" WEST 655.21 FEET TO THE NORTHERLY LINE OF SAID NORTH HALF OF THE NORTH HALF OF THE SOUTHEAST QUARTER; THENCE ALONG SAID NORTHERLY LINE SOUTH 89052'20" WEST 44.00 FEET; THENCE SOUTH 00007'40" EAST 0.61 FEET TO THE BEGINNING OF A TANGENT CURVE, CONCAVE TO THE NORTHWEST HAVING A RADIUS OF 300.00 FEET; THENCE SOUTHWESTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 31 °25'29", 164.54 FEET TO A POINT ON THE ARC OF SAID CURVE, A RADIAL LINE PASSING THROUGH SAID POINT BEARS SOUTH 58042'11" EAST; THENCE SOUTH 00007'40" EAST, 497.78 FEET TO THE TRUE POINT OF BEGINNING. PARCEL 2: (APN: 681-170-071) THAT PORTION OF THE NORTH HALF OF THE SOUTHEAST QUARTER OF SECTION 30, TOWNSHIP 4 SOUTH, RANGE 5 EAST, SAN BERNARDINO MERIDIAN, IN THE CITY OF PALM SPRINGS, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, ACCORDING TO OFFICIAL PLAT THEREOF, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF THE NORTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION; THENCE NORTHERLY ON THE EAST LINE OF SAID SOUTHEAST QUARTER, NORTH 0000425" EAST, 169.86 FEET; THENCE NORTH 72059'49" WEST, 1319.83 FEET TO THE NORTHEAST CORNER OF THE LAND CONVEYED TO CORBIN PALMS REALTY CO., A CALIFORNIA CORPORATION, IN DEED RECORDED MAY 28, 1965 AS INSTRUMENT NO. 62799, OF OFFICIAL RECORDS, SAID POINT BEING THE TRUE POINT OF BEGINNING; THENCE SOUTH ON THE EASTERLY LINE OF THE LAND CONVEYED TO SAID CORBIN PALMS REALTY CO., A CALIFORNIA CORPORATION, IN THE DEED LAST ABOVE MENTIONED SOUTH 00008-18" WEST, 552.76 FEET TO THE SOUTHERLY LINE OF THE NORTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION; THENCE EASTERLY ON LAST SAID SOUTHERLY LINE, SOUTH 89051-42" EAST, 208.57 FEET TO THE WESTERLY CORNER OF THE LAND CONVEYED TO MATHEW J. DRAGICEVICH, ET UX., IN DEED RECORDED JANUARY 9, 1978 IN BOOK 1978 PAGE 3454, OF OFFICIAL RECORDS, SAID CORNER BEING THE BEGINNING OF A CURVE, CONCAVE NORTHWESTERLY AND HAVING A RADIUS OF 300.00 FEET; THENCE NORTHEASTERLY, 382.94 FEET ON SAID CURVE TO A POINT OF TANGENT ON THE NORTHWEST LINE OF THE LAND CONVEYED TO PAUL LAURAN LAZIER, ET UX, IN DEED RECORDED JANUARY 7, 1966 AS INSTRUMENT NO. 2270, OF OFFICIAL RECORDS; THENCE NORTHEASTERLY ON THE LAST SAID NORTHWESTERLY LINE AND ITS NORTHEASTERLY EXTENSION, NORTH 17000" 1" EAST 181.38 FEET; THENCE NORTH 72059'49" WEST, 572.93 FEET TO THE TRUE POINT OF BEGINNING