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HomeMy WebLinkAbout00362C - MONTE VISTA HOTEL MOSCATEL REVOCABLE LICENSE 414 NPC • • Harry Moscatel Revocable Temp License Agr CRA REVOCABLE TEMPORARY LICENSE AGREEMEl AGREEMENT #362C Exec Dir Signed, 11-15-95 THIS REVOCABLE TEMPORARY LICENSE AGREEMENT (this "Agreement" ) is executed this /5' day of November, 1995 , by and between THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, a public body, corporate and politic ( "Licensor") and HARRY MOSCATEL ( "Licensee") . R E C I T A L A. Licensee is contemplating purchasing the Monte 'Vista Hotel owned by Licensor located at 414 North Palm Canyon Drive, Palm Springs, California which is improved with a thirty-three (33) unit motel with five (5) retail spaces (the "Property") . B. Licensee desires to enter the Property to perform an investigation and due diligence to determine if Licensee wishes to purchase the Property, C. Licensor desires to grant a revocable license to Licensee for the limited purpose of performing a due diligence investigation on the terms and conditions set forth below. AGREEMENT- NOW, THEREFORE, the parties hereto agree as follows : 1 . Right to Enter Property. Subject to the terms of this Agreement, the Licensee and its employees, consultants, contractors, representatives and agents may, during the period from November 13 , 1995 through December 4, 1995, enter the Property solely for the purposes of examining, inspecting and surveying the Property and the improvements located thereon and performing engineering, environmental, architectural, conventional non- environmental soils tests or studies (after notice to Licensor as set forth below) , and such other purposes as Licensor may expressly authorize in writing from time to time. Any work performed for or by Licensee shall be at the sale cast and expense of Licensee. 2 . Conduct of Work. (a) Licensee Shall notify Licensor prior to each entry on the Property of the date and purpose of the entry and provide to Licensor the names and affiliations of the persons entering the Property. Licensee covenants and agrees that its employees, inspectors, consultants, engineers, architects, surveyors, environmental consultants, contractors and other agents and their respective employees, agents, and subcontractors shall carry out their work in such a manner as to cause as little disturbance as reasonably practicable to the Property, the improvements, the guests and the employees of the Monte Vista hotel . In no event shall Licensee or any FQAM014084-000 M71095.2 a71/7U195 of its employees, consultants, agents, contractors or representatives , enter any area of the Monte Vista hotel other than the common areas without first obtaining the prior approval from the on-site hotel. manager. (b) No intrusive testing shall be performed on the Property or on any of the improvements without the prior written consent of Licensor. Licensor shall not unreasonably withhold its consent to such intrusive testing provided that Licensee demonstrates to Licensor' s reasonable satisfaction the need for such intrusive testing. Licensee shall not directly or indirectly perform any drilling, grading, excavation or trenching on the Property or the improvements . Licensee shall not alter, damage or commit any kind of waste upon the Property or any improvement, equipment or personal property located thereon. 3 . Government Regulations. Licensee shall obtain at its sole cost and expense all governmental permits and authorizations required by any governmental agencies for the performance of Licensee' s investigative work on the Property. While on the Property, Licensee will comply with, and cause all its employees, consultants, contractors, agents and representatives on the Property, to comply with all applicable laws and governmental regulations. All persons who enter upon the Property pursuant to this License shall do so at their own risk, and shall comply with any and all reasonable instructions and directions from the Licensor. 4 . No Construction. No structure or improvements of any kind shall be erected on the Property, and no subsurface investigations (other than conventional non-environmental soils, subsoils, drainage or other engineering tests) shall be undertaken on the Property, by Licensee, or any person or entity acting for or on behalf of Licensee, without the prior written permission of the Licensor. Upon completion of, or suspension of activity, on the- Property by Licensee, any soil test boring made or caused by Licensee and/or any openings caused or resulting therefrom shall be back- filled and sealed in accordance with applicable law, and any disturbed ground shall be leveled, compacted and otherwise restored to its prior condition. 5 . Indemnification gf Licensor and Right to Curg_LLMg. As part of the consideration for this License, Licensee hereby agrees to defend, indemnify and hold harmless Licensor, its employees, officers, agents, and representatives and, the Property (including the improvements thereon) from and against all loss, liability, expenses, damages, costs and reasonable attorney' s fees that Licensor and, its employees, officers, agents, or representatives may at any time incur by reason of : (a) any liens, claims, demands, actions or suits arising from any work performed or materials supplied to or for Licensee by any of the persons set forth in Paragraphs 1 and V824871014094 000512171095.2 a]1110195 -2 - 2 above, or Wich may arise because 41 any other work performed by or for Licensee in connection with the Property and/or this Agreement; (b) any claims, actions, or suits against Licensor brought by third parties, including but not limited to the County of Riverside and/or State of Calitornia, or any other governmental entity having jurisdiction over Licensor or the Property, for. .failure of Licensee or any of the persons set forth in Paragraphs 1 and 2 above to perform the investigative work under this Agreement in accordance with applicable ordinances, laws and regulations; (c) any loss or theft of any property placed or stored by Licensee or any of the persons described in Paragraphs 1 and 2 above, on or about the Property; and (d) any claims of any person for beadily injuries or any claims for property damage by reason of the work or activities conducted on the Property (including the improvements thereon) by Licensee, or any of the persons described in Paragraphs 1 and 2 above, In addition to and not in limitation of Licensor's other rights and remedies under this Agreement, should Licensee fail within ten (10) business days of receipt by Licensee of a written request from Licensor to pay or otherwise discharge any lien or claim of lien arising out of the use by Licensee or any of the persons described in Paragraphs 1, and 2 above on the Property, Licensor may, at its option, pay any such lien or claim of lien, and the amount paid by the Licensor to discharge such lien or claim or lien shall be paid to Licensor by Licensee upon written demand, together with interest thereon at the rate of ten percent (10%,) per annum, from the date paid until repaid, and any default either in such initial failure to pay or subsequent repayment to Licensor shall constitute a breach under this Agreement. 6 . Liabdlity Insurance Coverage. Licensee at its sole cost and expense, shall obtain prior to entering onto the Property and/or commencing any work described in Paragraphs 1 and 2 of this Agreement, and shall maintain or cause to be maintained during the period of such work or activities, the following insurance; (a) Comprehensive general liability insurance, including but not limited to, owned and non-owned vehicle liability, personal injury, blanket contractual, broad form property damage and product/completed operations liability coverage covering any and all liability of Licensee and Licensor with respect to or arising out of any work to be performed by or for Licensee (as more particularly set forth in Paragraphs 1 and 2 of this Agreement) ; said insurance to have limits of not less than $2, 000 , 000 combined single limit per occurrence for bodily injury, personal injury and property damage liability. P82\4MO14084-0006\2111095,2 41111019$ -3- (b) Licetee and all persons performing work for or on behalf of Licensee, including but not limited to, its engineers, surveyors, consultants, contractors or subcontractors, shall at Licensee' s or their own cost and expense, procure and maintain during the performance of the said work a policy of workers' compensation insurance and employer's liability insurance in an amount not less than $1, 000, 000 for the protection of any employees engaged in any work described in Paragraphs 1 and 2 of this Agreement. (c) The certificates or other written confirmation satisfactory to Licensor of said insurance required pursuant to Paragraphs 6 (a) and 6 (b) shall be delivered to Licensor at least one (1) business day prior to any entry on the Property by Licensee, its agents, employees, consultants, contractors or subcontractors and such insurance shall : (1) provide that coverage shall not be revised, cancelled or reduced until at least 30 days written notice of such revision, cancellation or reduction shall have been given to Licensor; (2) be issued by insurance companies which are qualified to do business in California and which have a current rating of A-VI in Best' s Rating Guide; (3) be endorsed. "Premium Paid" and (4) be satisfactory to Licensor in all other reasonable respects. The comprehensive general liability insurance to be maintained by Licensee pursuant to this Paragraph 6 shall name Licensor as an additional insured and shall contain no provisions affecting any rights which Licensor would have as a claimant if not so named as an insured. 7. 'Termination. Upon termination of this License, Licensee shall restore the Property to its original state and remove all equipment and personal property therefrom not belonging to Licensor and leave the Property in a clean and safe condition. n representative of Licensor shall verify the condition of the Property prior to the departure of Licensee' s employees, contractors, agents, and representatives . 8 . property Docc,jlments. During the term of this License, Licensor shall make available to Licensee at its principal place of business or the Property true and correct copies of such books, records and other documentation in Licensor' s possession or control relating to the Property as Licensee may reasonably request. Licensee shall be entitled to make copies of such books, records and other documents at its expense. If Licensee does not ultimately acquire the Property, all said documents shall be returned promptly to Licensor. 9 . Good Faith„ Negotiati . Licensor and Licensee agree, during the term of this Agreement, to negotiate in good faith a disposition and development agreement to be entered into by Licensor and Licensee with respect to the sale of the Property. Nothing herein shall be deemed a covenant, promise or commitment by the Licensor to enter into a disposition and development agreement BS2\4871014084-0006\2171095.2 A11110195 -4- with Licensee under any particular terms or conditions . nditions . This section is merely an agreement by Licensor to enter into a period of negotiations according to the concepts described herein, reserving final discretion and approval to the Licensor' s board. Licensee understands that Licensor may not, under applicable law, enter into a disposition and development agreement or any other agreement- to dispose of the Property without complying with the terms and provisions of California IIealth and Safety Code 9 33433 , which requires, among other things, that the disposition and development agreement be on file with the Secretary of Licensor for a prescribed period of time, notice of intent to sell the Property must be published in a newspaper of general circulation and that the sale be approved at a public hearing of the Board of Licensor. Accordingly, the terms of the disposition and development agreement must be negotiated and agreed to well in advance of the public hearing to be held by the Hoard of Licensor. 10 . Sole A reement . This Agreement contains the entire understanding between the parties as to the specific subject matter hereof and supersedes any prior understandings and/or written or oral agreements between them respecting the within subject matter. There are rio representations, agreements, arrangements or understandings, oral or written, between and among the parties hereto, relating to the subject matter of this Agreement, which are not fully expressed herein. 11 . Assignment , Licensee may not assign this Agreement, or any right under it, whether voluntarily or by operation of law, to an affiliate or any third party without the prior written consent of Licensor, which consent may be withheld in Licensor' s sole and absolute discretion, As a condition precedent to any assignment the assignee must execute an assumption agreement assuming all of the obligations under this Agreement. Licensee shall not be relieved of its obligations under this Agreement in the event of an assignment , 12 . No RLcordation. Licensee covenants and agrees with Licensor that Licensee shall not record this Agreement, any memorandum of this Agreement or assignment of this Agreement. Licensee agrees that, in the event this covenant is breached, in addition to any other damages sustained by Licensor, Licensee will be responsible for any costs or expenses, including but not limited to Licensor' s reasonable attorneys' fees, incurred in connection with the clearing of any such cloud on title. The provisions of this paragraph will survive the termination of this License , 13 . Notices. Any notice to either the parties hereto required or desired under the provisions and conditions of this instrument shall be given in writing by certified, mail or registered mail addressed to the party for whom intended at the following addresses : vsaMM14084-000612171095.2 •100/9.4 — .. To Licensor: Ohe Community RedevelopmenfRAgency of the City of Palm Springs, California 3200 East Tahquitz Canyon Way Palm Springs, CA 92262 .Attention: Executive Director WiLh a copy to: Rutan & Tucker 611 Anton Blvd. , Suite 1400 Costa Mesa., California 92626 Attention: Patrick A. McCalla, Esq. To Licensee: Harry Moscatel 2550 La Condessa Palm Springs, CA 92262 Licensee acknowledges that Licensor has the right to post non- responsibility signs regarding workman Is and materialman I s liens on the Property. 14 . Severability. In the event that any provisions of this Agreement shall be held to be invalid, the same shall not affect in dny respect whatsoever the validity of the remainder of this Agreement. 15 . Binding on Successors . Subject to the provisions of paragraph 10, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 16 . Choice of Law. This Agreement shall be governed and construed in accordance with the laws of the State of California. 17 . Attnz.neys PQes , in the event of any dispute between the parties hereto arising out of the terms of this Agreement the prevailing party in such dispute shall be entitled to recover from the other all costs and expenses, including reasonable attorneys' Lees and court costs incurred by the prevailing party in any such dispute (whether or not such dispute is prosecuted to a final judgment or other final determination) together with all costs of enforcement and/or collection of any judgment. 18 . Confidentiality. All test results, analyses and other information obtained as a result of any work performed by Licensee hereunder and all books, records and other documents made available to Licensee hereunder shall be held strictly confidential as the secret, proprietary and attorney-client privileged information of Licensor. Without limiting the generality of the foregoing, Licensee shall not report or otherwise divulge the fact of the occurrence, existence or results of any inspection, examination, sampling, analysis or tests conducted on or with respect to the Property or any portion thereof or any sample or other substance or material taken therefrom or the contents of such books, records and other documents made available to Licensee hereunder to any person or entity, including without limitation to any governmental agency, F8214871014084-000612171093,2 n11/10195 - - without the prior written consent of Lic or. Upon the preparation of an reports or written mawrial summarizing inspections or the portion thereof performed by Licensee hereunder, Licensee shall promptly provide a true and correct copy of the same to Licensor marked "Privileged and Confidential . Upon the termination of this Agreement, all such reports and copies thereof shall be promptly returned to Licensor. 19 . Release . Licensee hereby releases and forever discharges Licensor from and against any and all Claims, demands , actions and causes of action whatsoever which Licensee and/or any of the persons described in Paragraphs 1 or 2 above may have or may hereafter have specifically arising in any way out of the exercise by Licensee of the rights afforded by this Agreement, including without limitation any environmental law. This is a complete and final release and shall be binding upon Licensee and covers claims arising out of or connected with Licensee' s presence and/or the use Of all or any portion of the Property by Licensee and/or any of the persons described in Paragraphs 1 or 2 above. 20 . Counterparts, This Agreement may be executed in two or more counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument . IN WITNESS WHEREOF, the parties hereto have executed this instrument as of the day and year first above written. ATTEST: THE COMMUNITY REDEVELOPMENT AGENCY OF THE C PAL NGS, CALTFORNIA, a p lie body, carp r to and politd.c BY: Assistant Secretary Execu ve Direc or "Licensor" APPROVED AS TO FORM RUTAN & TUCKER David'-JT. Aleshire, / Agency Counsel ��/ xA�R,y M C�T L "Licensee" P4214871"140&4-0(Y)6i62171095,2 al1/r0145 -7- t?36