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HomeMy WebLinkAboutA3799 - RICHARD BARRENA VAL VISTA TRACT MO 5951 Richard W & Brenda E Barrena . Acquisition Agreement Lot 12, Val Vista Tract AGREEMENT #3799 M05951, 5-7-97 File No. R-97-019 Project: Acquisition of Barrena Property A.P.N.: 680-073-004 Page 1 of 4 ACQUISITION AGREEMENT This agreement is made by and between the CITY OF PALM SPRINGS, herein called "CITY," and Richard W. Barrena and Brenda E. Barrena, husband and wife herein called "Grantor." Grantor agrees to execute and will deliver to the designated escrow company, a Grant Deed identified as A.P.No. 680-073-004 described and shown in Exhibit "A" attached and made a part hereof in consideration of which it is mutually agreed as follows: 1 . The City shall: A. Pay to the order of Grantor the sum of $41,000.00 for the property, or interest therein, conveyed by said deed, when title to said property or interest vests in City free and clear of all liens, encumbrances, easements, leases (recorded or unrecorded), and taxes except those encumbrances and easements which, in the sole discretion of the City, are acceptable. B. Handle real property taxes, bonds, and assessments in the following manner: 1 . All real property taxes shall be prorated, paid, and canceled pursuant to the provisions of Section 5081 et. seq., of the Revenue and Taxation Code. 2. Escrow Co., is authorized to pay from the amount shown in Paragraph 1 A herein, any unpaid taxes together with penalties, cost and interest thereon, and any bonds or assessments that are due on the date title is transferred to the City. C. Pay all title, escrow and recording. fees incurred in this transaction, and if title insurance is desired by City, the premium charged therefore. D. City agrees to satisfy the Grantors following conditions: 1 . None R97017.AGR File No. R-97-019 Acquisition Agreement Page 2 of 4 2. Grantor shall: A. Indemnify, defend, and hold City, its officers, employees, agents, successors, and assigns free and harmless from and against any and all claims, 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) the presence in, on, within, under, or about the parcel of hazardous materials, toxic substances, or hazardous substances as a result of Grantor's use, storage, or generation of such materials or substances or (b) Grantor's failure to comply with any federal, state, or local laws relating to such materials or substances. For the purpose of this agreement, such materials or substances shall include without limitation hazardous substances, hazardous 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 Hazardous Materials Transportation Act, 49 U.S.C. Section 1801, et seq.; the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq.; and those substances 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 regulations adopted in publications promulgated pursuant to said laws. B. Be obligated hereunder to include without limitation, and whether foreseeable or unforeseeable, all costs of any required or necessitated repair, clean-up, 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 shall continue until the parcel has been rendered in compliance with applicable federal, state, and local laws, statutes, ordinances, regulations, and rules. 3. Grantor hereby authorizes and directs the disbursements of funds which are demanded under the terms of any Deed of Trust. 4. It is mutually understood and agreed by and between the parties hereto 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 R97017.AGR l� JL��1�,`�n�. �,iJJ File No. R-97-019 Acquisition Agreement Page 3 of 4 of this agreement by all parties. The amount shown in Paragraph 1 A includes, but is not limited to, full payment for such possession and use. 5. Grantor hereby agrees and consents to the dismissal of any condemnation action which has been or may be commenced by City in the Superior Court of Riverside County to condemn said land, and waives any and all claim to money that has been or may be deposited in court in such case or to damages by reason of the filing of such action. 6. 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 property referred to herein or on account of the location, grade, or construction of the proposed public improvement. 7. This agreement shall not be changed, modified, or amended except upon the written consent of the parties hereto. 8. 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 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 construed against the City solely because it prepared this agreement in its executed form. 9. Grantor, their assigns and successors in interest, shall be bound by all the terms and conditions contained in this agreement, and all the parties thereto shall be jointly and severally liable thereunder. 10. The City is authorized to start the escrow process upon: 1) Grantors execution of this Acquisition Agreement: 2) The approval by the City Council of this Acquisition Agreement. R97017.AGR File No. R-97-019 Acquisition Agreement Page 4 of 4 Dated: ��;7 Seller Seller RECOMMENDED FOR APPROVAL: By� v� / � C—_�,� By: E NIE G. BLEVINS ALLEN F. SMOOT, Director, Right-of-Way Agent/Real Estate Department of Transportation Transaction Coordinator ATEST: CITY OF PALM SPRINGS, CALIFORNIA By:_ 'j City'Clerk it ana APPROVED A5 T+j FORM PPROVEa �°, �UJJIz�"i J«� 1 �R a•r.) �nno �(� / , __ _ City Atney 1"`— "Al ty tor 'ate �— R97017.AGR I f f 1 ---PSlBEO- .IMI AI II'l VQRI��� /Y �4 I �{o n ` n O 3 � 2 2 I ti 4 re• ar.ala a. � ® r CALLE SANTA I^'- '"''O11 CRUZ • `a� ` yO O� T O"ti rwld I i e U I � o o w b , �Q I �O`. �Ow • � rea m r.au A w k ® Property Location t File No. 97-019 The Barrena property at the S.W. corner of Calle De Ricardo and Vella Road described as follows: Being Lot 12 of Val Vista Tract Recorded in Map Book 20, Page 99 Records of Riverside County a EXHIBIT "A" M E M O R A N D U M DATE: June 5, 1997 TO: City Manager FROM: Office of the City Clerk 1 RE: Richard & Brenda Barrena Acquisition Agreement- CC: File The City Attorney has indicated he is unwilling to sign the above mentioned agreement. Do you wish to process the agreement without his signature? Or proceed in some other manner? Process without City Attorney signature (yes) (Initials) Process with City Attorney signature (yes) (Initials) Thanks. Trisha