HomeMy WebLinkAbout05877 - TESORO MEDIA LLC INDIAN CYN & I-10 INTERCHANGE R/W ACQUISITION DOCUMENT TRACKING
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Report: One Document Detail June 18,2012
Condition: Document Numbera5877,
Document# Description Approval Date Expiration Date Closed Date
A5877 Acquisition of Right-of-Way Package 10 of 15 1011512008
Company Name: Tesoro Media, LLC
kddress: , ,
3roup: ENGINEERING
Service: In File
(Ref: MARCUS FULLER (760)323-8160
ns.Status: Certificate and Policies are OK
Document Trackingltems: Due Completed Tracking Amount Amount
Code Item Description Date Date Date Added Paid
kdh to Marcus 08/11/2009
kdh to CM for Sig 0810612009
kdh Council appvd Item 2L Res 22365 10/1512008
kdh Acquisition Agreement to CA for Sig 0810512009
END OF REPORT*'
�- oc*—
i PROJECT: 1/10 — Indian Avenue Inlerchange
APN: 666-370-025
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ACQUISITION AGREEMENT
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4 This Acquisition Agreement ("Agreement") is made by and between the CITY OF PALM
SPRINGS, a municipal corporation, hereinafter referred to as "City", and TESORO MEDIA, LLC,
5 A CALIFORNIA LIMITED LIABILITY COMPANY, hereinafter referred to as "Tesoro".
6 RECITALS
7 WHEREAS, Tesoro ("Lessee") and Chang Family Partners, Ltd ("Lessor") have entered
into that certain Rental Agreement ("Rental Agreement") dated October 5, 2006, described in
8 Exhibit "A" attached hereto and incorporated herein, pursuant to which Lessee acquired the right
to use and occupy the property described as Assessor's Parcel Number 666-370-025 ("Property")
9 for the purpose of constructing and maintaining advertising displays and devices.
10 WHEREAS, pursuant to the terms of the Rental Agreement, Tesoro owns and operates a
billboard advertising structure within the 1/10 — Indian Avenue Interchange Project area of City
11 ("Display"), situated on the Property. The Display must be removed from its current location to
accommodate the construction of the 1/10 — Indian Avenue Interchange Project.
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WHEREAS, the City is working with the State of California for the benefit of its
13 Department of Transportation ("Caltrans") to complete the construction of the 1/10 — Indian
Avenue Interchange Project which will thereby improve traffic and circulation within this portion
14 of the City.
is WHEREAS, Tesoro agrees to this Agreement to dispose, release, remit any interest
Tesoro may have in the Properly, remove the Display currently located in the planned public
16 right-of-way and to terminate the Rental Agreement pursuant to the terms thereof.
17 NOW, THEREFORE, in consideration of their mutual covenants contained herein and for
other good and valuable consideration, the receipt and sufficiency of which hereby are
1s acknowledged, identifying Assessor's Parcel Number 666-370-025, of which it is mutually agreed
as follows:
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1. The City shall pay to the order of Tesoro the sum of Fifty Thousand
20 Dollars ($50,000) for property or interest therein, including any goodwill associated with its
commercial activities, and any claim for business interruption, based upon the termination of
21 the Rental Agreement by Tesoro.
22 2. Tesoro shall:
23 A. Indemnify, defend, protect, and hold City, its officers, employees,
agents, successors, and assigns free and harmless from and against any and all claims,
24 liabilities, penalties, forfeitures, losses, or expenses, including without limitation, attorneys'
fees, whatsoever, arising from or caused in whole or in part, directly or indirectly, by either (a)
25 the presence in, on, within, under, or about the parcel of hazardous materials, toxic
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1 substances, or hazardous substances as a result of Tesoro's use, storage, or generation of
such materials or substances or (b) Tesoro's failure to comply with any federal, state, or local
2 laws relating to such materials or substances. For the purpose of this agreement, such
materials or substances shall include without limitation hazardous substances, hazardous
3 materials, or toxic substances as defined in the Comprehensive Environmental Response,
Compensation, and Liability Act of 1980, as amended, 42 U.S.C. Section 9601, et seq.; the
11 Hazardous Materials Transportation Act, 49 U.S.C. Section 1801, at seq.; the Resource
Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq.; and those substances
5 defined as hazardous wastes in Section 25117 of the California Health and Safety Code or
hazardous substances in Section 25316 of the California Health and Safety Code; and in the
6 regulations adopted in publications promulgated pursuant to said laws.
7 B. Be obligated hereunder to include without limitation, and whether
foreseeable or unforeseeable, all costs of any required or necessitated repair, clean-up,
s detoxification, or decontamination of the parcel, and the preparation and implementation of any
closure, remedial action, or other required plans in connection therewith, and such obligation
3 shall continue until the parcel has been rendered in compliance with applicable federal, state,
and local laws, statutes, ordinances, regulations, and rules.
10
C. Deem the acceptance and execution of this Agreement to serve
11 as written notice to terminate the Rental Agreement and such termination shall be effective as
of the date of execution of this Agreement.
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3. It is mutually understood and agreed by and between the parties hereto
13 that the right of possession and use of the subject property by City, including the right to
remove and dispose of improvements, shall commence upon the execution of this agreement
14 by all parties. The amount shown in Paragraph 1 includes, but is not limited to, full payment for
such possession and use.
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4. Tesoro hereby agrees and consents to the dismissal of any
16 condemnation action which has been or may commenced by County in the Superior Court of
Riverside County to condemn said land, and waives any and all claim to money that has been
17 or may be deposited in court in such case or to damages by reason of the filing of such action.
18 5. The performance by the City of its obligations under this agreement shall
relieve the City of any and all further obligations or claims on account of the acquisition of the
is property referred to herein or on account of the location, grade, or construction of the proposed
public improvement.
2a
6. This Agreement shall not be changed, modified, or amended except
21 upon the written consent of the parties hereto.
22 7. This Agreement is the result of negotiations between the parties and is
intended by the parties to be a final expression of their understanding with respect to the
23 matters herein contained. This Agreement supersedes any and all other prior agreements and
understandings, oral or written, in connection therewith. No provision contained herein shall be
24 construed against the City solely because it prepared this Agreement in its executed form.
25 8. Tesoro, their assigns and successors in interest, shall be bound by all
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the terms and conditions contained in this agreement, and all the assigns and/or successors in
interest thereto shall be jointly and severally liable thereunder.
2
9. The individuals executing this Agreement and the instruments
3 referenced herein on behalf of each party and the partners, officials, or trustees of each party, if
any, have the legal power, right and actual authority to bind the party on whose behalf they are
4 executing such instrument to the terms and condition of those documents.
5 10. The parties hereto expressly agree that this Agreement will be governed
by, interpreted under, and construed and enforced in accordance with the laws of the State of
6 California in which the Property is located. Venue for any proceeding related to this Agreement
shall be in the County of Riverside.
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[SIGNATURE PAGE FOLLOWS]
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1 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed as of the date last set forth below,
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Dated- TESORO MEDIA, LLC, A CALIFORNIA
4 LIMITED LIA,ILITY COMPANY
By:
6 Glenn E anuel, President
7
CITY OF PALM SPRINGS
s _
g By:5
David H. Ready, EW--,Ph.D.
10 City Manager
11 APPROVED O FORM: APPROVED BY CITY COUNCIL
12
By:
13 Douglas . Holland, Esq.
City Attorney
Y4 -
'ATTEST:,
- 15-
~ 75 By:
mes Thompson
17 ' City Clerk
CAo:jW
osrovagB
001 PG
12.727
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EXHIBIT "A"
E
R
TESOROI 1 ------ .^.__ NTAL MENT-T�REE
- 3G
Rental Agreement ma,'e on ortnccr 5, 2003 by nnc t-'%-nen Chsiny Fifndy Pcnners, -I J 9urelnnrter i Lessur) and Tt•sorc Media hereinafter
r Lesser I
In consoferalror of the sum of(see below) In IId+once permission and right is haiebv granted to Lasses by Lessor to occupy state For OLJMDQr
aovrrpsulg purposes al Ihr. following pren1.5e5 nwdh Ire, nxess to and upon sairier property in Nonh Palm Springs known as I•cian and L10
SE tonne. APN4 66G370 O25 in Ilia County of R versloc or 2 teml of one ,I) scar•, cpmrrlanGnn .July 1 20013 Ihrpugh .June 3C 200•r ..arc
iharua h^r on a month tO month tuni
The suns of four hundred dollars(5400,00) per month from 1-1,2006 to 6=30--2006.
The sum of five hundred dollars(5500 00)per month from 7.1-2006 to 6-30.2007,
The sum of five hundred dollars(3500.00) per month effective 7.1.2007, on a month to month basis thereafter.
I Lessee shot s�Jc Lossoi 'larmluss from at darn]g�to psrsons of property by reason of acc,nent5 resullincc from the neollgenl 5c15 nl tls
agents cmployeas or rllli2ry nnlplOycd by the Lc4see in Ills Censhii0ion mainlPnanCP r�oair or rcrTlo�al Of ItE signs or I11( ::roprriy
2 The orcod•rty i5 Ierce;f for the erector and nluintanencr- nl orc, outdoor nd+^ms'nr display L essee Is herein grpnied me sole enG
exCllislvC rinlll to du.l1ley ddverllsinq copy nil Ilse pra9v5-9 All wlfud L-ss pool pin`:III and mitel,al plated or, ale prctnlls2g by L55g`;r..
alter the dale Of this agleer'nBnl ;hall remain the empeny o• 111(% ,Iesor-jnd eras In, removed by'lie Lessee 3I any IL,11. Dery to or :rithin
thirty t301 dpy`s alien llu: Iernvr+,alion o1 Ill's Loose
3 Lessor agrees that Ili or ahe fir or he' fe9an1s sigent5 employe"5 or o!her T.c sons ar.tlng In rims her or hair behalf shall not place Ji
marnleol nny object on the proil of any neighboring p,opent wlucll v,pLLld In ally way obstric' or Impair the view o' L�ssee4 %inn
SlfuchJr[5 D SIJCfn an (165Vuc[Ion or In1pzi r111a11'. 4�Cirs the LeSSSe NrIZI-Q I, Iiri %uCh other remc-dies as ;n2y r.•e availal:fa nos ipe
option of reduiring the Lessor to Icmpve s.rd olali LICbnn�r Irnpairn nl 01 the Ls--,see nlay Itself remove the ubstrucuon or impbumeni or
the Lessee miry abate Ire runt;I sn Ipng as such orsirwotion or Inrpblinle`nt (•,,-'dues Lesser agrees Lr--ssoc ma;. trio any or all trees
a'ld wCgelatlon OII the p,petty a,WIPti as Lessee deep S necessary to prevent pbslrucilpn
I If the vreW of -essee S signs IS ctJSIrUcied Or Imfidlred r9 8ny way or if the value it such signs is drrninisrlen toy reason of slvens,ni or
m'lu[tlJn Of Ve91CLllar baffle or IF the Use or any Such Signs IS prev�rlted it rFsll'I.led by sw o1 if fir any re�sun b building permit for
�I or modification of ar,y such s1011s 15 Ielusad or fDr a'ry rea',ori, Ilse Lessee may nlnlcdrntciy it-rnu`o-ll(" Ilse Least and receive
n0lJu5llnEni for el' rem paid for lha unexl•rpd term
c LessLi rFpresenl5 and Warrants that hie above ray iina aut9prlty to 9xeCIJLP IhiS Lc%Joe Lessee nzscn)es the right Ire$ail and assign all of
Lgsaee; rlghi f tic and nibaresl.In tnr„ LF.ase to any financially respnnsihle awiince subject to the wrdten consent of Lessor vhlih snarl
nu; tie unreasonably vndlne,d.
0 Tnis Lease may ❑= IemIDlalec by Lessee by giving -�,sor thirty f301 days notice in :awing if Lessee IS prevPr,eo by any present or
future lo`.a or ny�tjir lies ri jurisdiction from ro'lstrurtron or 1-laln;7rnmq such signs as harPrn r)ernLllee
9 Tlaa Lease shall conslitut- the so'i aprr'ernen; 01 Ih`n parties Ie'dbng tp II It LcaSP of Inc above•describer premises NF.ilner p:irlywlll be
bound by any statements ,varranlles, nr pro rtllSG; Cl a p' .+'r Irani u11;r:55 5uo 3A!9p'lall[% warranties pl pronv5e5 amp sC; ipiih
speull,ally I❑:NS Lease.
3 TNS LeeaEe will Inuie In the bu'lofil of and be hmdlny upon the respccirvc I,_ Ian,; nair% represanlahvc%. successors and nayrgns ul the
pbnres herew
q Loss26 Shari nave the IigIM of firs: rc;usal of any (:urnpehinu Outnooi edvcrliwia proposal for the subject property for llic lunl nr Ilia
Ogr Lun erll
10 Efieetive 711107 L@SSOF shall have the right !n teronnate if,s .Igieemanl upon Ihirly (30) days u,mtlen noh:-e tc, Lcssec Lsscea droll
renir,ya Sunri�writ en rnolio- iron the I-essoi
11 Lessac. at its prim cost and expen;(e, shall kecj% and 9rdndalil IhP sign ono all facdlb a appurtenan� 10 th= sign in gee(; ,orcer and
rcpan arc In a5 safe %Ir,-)n CinC ,Lh-irpva a rnrn.11pn r, 9s m'nen err-sled ant' sl'i=nl prorrplly repo',any damage to the a orl as L fr`ril;pf,pi;-if11
vandb11511-1 SI(l MS and W AIh@r ci biller drib:"; If LI'=S;;w lad% I;v'li`o for any p1a'In(1 or Igr' (1GJ)or none da`15 i'Jlpf rv,eipr fRln' LL`Sssr pl
naJ;pl III vli minim the s On Jon Lessor shell have'I11S Opriml In rupvr in, Sign:dnr! recoup (lie "CAI frame La9ZV,Or In P'ld Iegi j G
slpn at Lase s exijcuae.
12 LessLL ,J Lessee s own x15t cvpen Sz ;hall Comply L;tlh 111 Eld lu lEs Ord', ,,...oS ragulauons and roc tin ements- of all
governmenmi 4`nVIl5;5 WhEtlloi fehEr al Etat rwmn or lccal r_I2,Ing tc L(:,St;c'E LISC of 111E pfefrllSe3 wIrh ihEr IhCS2 stal0l_5 orulnJnc-s
Ie�ulallgrlS a' rPqulremenfs ol2 11)a' In Iorce or an- yl`t t%ha-cncrCrecl TII�fVUGnlent Cf 311y COprt 0;compel2N JLrlsd chon o;ille ci&mis51c1 by
LEss2e In c1 p oceedlnj brqucpll a(,a,nsl Lusec b, day nG'rel nlYiiJnl Cnbty 1al Lessec 1135 elolatad am' S,ILh SIFltulr orulnanre I691.11WIC11 C
reCkiirement shall b••ronl,lu ive as Der,,ern Lrasor and 1.95sera and shall he ground for rern-Imlirin c•f tnls anr�ement by Le. sor
13 Lessee Shall aiinnge and pay for provirolnq e spI)Ply o•2leCinC81 pOvror Ic the�¢lr1 dnd shal in-. for the cost of❑11 PI^Ct;Ira'
power used IT lyre COnslrlrcugn p PC'r8 bat �11it rnalnle dance of i1,c glen
"i•1 LeSSer. sl 1,111 Pe re5pnns 1 tire to' it rid S11211 Pay i1II rakes IP6:ra! 51Me u• locol I L'oSCd or Ire-' pi CnL ses and On Tiff-)Ili It oI the Slgrl
15 1f54e,e accept the plgrrn5Gs In present %,rldllion an?{ tcl,7Ov'I:UC,eS [Ina rho Corl;llllyr Is satl5f3r,lory us of Ilse date or his
aprnenlpnl
16 Lss5e� shall IndgnIrnfy arid hold Lessor crid the pl er-e;u: frr-c q)d hamllr;sv from any dnr' +11 c Timis Iablllly ,oss denlage; or
er Pease feSUlL rig froftl Lessee r15,? fIf the fro it SES L2u Se,) al IfS UNr1 cost an:! erCerlsE Shall nlaln lalll @Jring the farm [h C' r011nning
I nsu r 111CR pU II CI eS Issuod by c l`1n5 L rer Of 'I is a re is 29p 10�r'd by Larldl CIt
(a) A tlUad form C0111pre:)c1)SIv0 Co J9lauc piuu,) or public haal'Ily InburarlLc Ir15t,1 Irig Lessor agalrls, loss or heblllly close,: by Or
r Onner!ed wth Lessee$LEe Of the"'erI ISC-5, III drr l OLInt5 not e`55 Irian S' 000 NO for eel sonar 1nlVry ago S100.900 for cr0ocrly darn a ue art:
lb) A 0011Cy Of fire InSurance Insuring Letitiol agalnsl demage at oeslnlruarl by file rauaud by or cannot.cc with Lessee 5 LIS- of the
pion tines
17 Lessor shall nave the dent to t_rnnnale this agreemer: by glvll Ig _essco Ilvc (5) gays nonce In wnling emu IConterinl , =nd ee,lo,nmg
POSSesslon of th'r. pr�Mlses In the munrcr pror'ded by law If Lessed bleaches any of the covenant; cond,llons or plon-uses rnnlalned In tills
aclreemem If LoSsee brcacn�s this aelcun,nr'! c., eaandons Ine nremiscE bPfnrc the eaprrp;Ion of Inc tern) Lessor III adddlan to Ierminatng
INS or
rdentrnt may recover irom Lessee any urlPad real dug of the bme of la:rmmaprn any' any nlhcr aplpUnf necessary Ic comps rise lP
Lessor for ell delnrnent pro.m•ately r:auged by LaS5ee s breach
le All noI1Ce5 reouned by this Pgreerllen' nr to bo or,en pursuant to this agrpemen' s•1,a11 he In t.'Iling and eft 1C personally served on lh2
011ie, oany or oellver c+ to Pre olner parry by ^verrnchl rouna or mailed rl o 'United Stetes post office Postane ril rpal,! by reg stared or
certified mill return receipt requested it P1e a^dreas riven to,hat party p^the slcnnlurr=. ,I age Of this agFCLT'Igrl',
19 If any legal action is neces;:er} Ic onfo;c2 the knit of fhlS chrgemem INe p'f^r-2.d1nn parry shill be enllll:c to reasonablo attorneys
-e's in�ddrllon to itny other-CIIc'is -,hir,li 11rdt pariy I"5y be eWilled
Adddrona, comm'=nis Upon execution of IN,; o greernenl. Lessee shall pay Lessor rent at the rate of S1000 00 per year from 7-9-04
through 12-31.2005
IN W I"f IJES5%%'IF-ERrOF, Ine yenta( lem?LO,.dlrr conplelc unuelslandlnn and agrearnem.l ne've ercCutgc1 lhL77';e on Ina dote 5nown
ahove
TESO O MEDIA // C'I-IA,,4c-1--r4m)('✓F, fiNC CLTd
cyUf,) NDIANA AVE Ct,D'D�C7ON C v L,ERCIAL CALIFORNI", INC
28G02 OSO PA' ,,'VU. 143
RIVERSIDE CA 92r0B R✓1N(>0 SAINT pd4RGA F.IT4 CA 92805
TEL (9.5t1275 9000 fELE'HDNF 949-855.7800.FAX g4V-BaE-TE125
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