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Home My WebLink AboutA3462 - LOUISES PANTRY WESSMAN SETTLEMENT AGR A345C .fir.. Louise's Pantry Inc/Wessman Develop. , et al FiETI Rt?TG: Settlement AGR AGREEMENT #CITY Y CLERK R962/M054803412-7-94ty A3462 :ITY OF PAL1.1 SPrFING-S SETTLEMENT AGREEMENT BOX 2T43 C & hp_M*FRIN0P.l A 5IMS %� This Settlement Agreement (the "Agreement") is made and entered into by and between the COMMUNITY REDEVELOPMENT AGENCY of the CITY OF PALM SPRINGS, a public body corporate and politic, the CITY OF PALM SPRINGS, a charter city (collectively the "City") , LOUISE'S PANTRY, INC. , a California corporation, SAMUEL SEAN SONTAG, JR. , an individual, DAVID JETER, an individual (collectively "Louise' s Pantry" ) , JOHN WESSMAN, an individual and doing business as WESSMAN DEVELOPMENT COMPANY (collectively "Wessman" ) , HEY ENTERPRISES, I:NC. , a California corporation (simply "Hey" ) , and CRAIG YOUNT, an individual (simply "Yount") . RECITALS A. On or about October 1, 1986, Louise' s Pantry assumed that certain Business Property Lease, dated March 17, 1977, as amended on or about March 31, 1986 (the "Lease") , under the terms of which Louise' s Pantry leases and hires those certain premises commonly referred to as 124 South Palm Canyon Drive, Palm Springs, California 92262 (the "demised premises") . B. Under the terns of the Lease, Louise' s Pantry is i entitled to possession of the demised premises for a lease term ending on August 31, 1995 . C. Effective April 1, 1989 , City (through its Redevelopment Agency) acquired the right, title, and interest in PS2\268\014084-0003\2117399.1 12/23/94 -1- • f Executed as of the dates indicated below. DATED : N_gszettt5er 1994 CITY OF PALM SPRINGS, a charter city By: u �✓ May r ATTEST: APP"OVEr '!7Uiz CI;` COUNCIL By' City' Clerk �U ALL DATED: Nove-m-iber ,3 P , 1994 COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, a public body corporate and politic .iY :HE t.OrtiIMIJN3uY Gi La , ,'WENCY BY RES. NO. /71,�/ By: %/wti( � �C� /i� �^�✓ �3�✓�C CCah i an ATTEST: B gz�� _ C-71 Sec` ary DATED: N7edl)er fd�' , 1994 LOUISE' S PANTRY, INC. a Californi corporation By: p Title: y✓L+ r �, �/ DATED: November 1994 HEY ENTERPRISES, a California corporation By: Title: FS2\268\014084-0003\2117399.1 11/17/94 -7- Executed as of the dates indicated below. DATED: November 1994 CITY OF PALM SPRINGS, a charter city By: Mayor ATTEST: By: _ City Clerk DATED: November 1994 COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, a public body corporate and politic By: Chairman ATTEST: By: _ Secretary DATED: November 1994 LOUISE'S PANTRY, INC. a California corporation By: Title: DATED: December 1994 HEY ENTERPRISES, a California corporation By: � Title: '2E� FS2\268\0140840003\2117399.1 11/17/94 -7- DATED: November 1994 WESSMAN DEVELOPMENT COMPANY, a BY: QQ Title: DATED: November 1994 0� / JOHN WESSMAN DATED: November 1994 SAMUEL SEAN SONTAG, JR. DATED: November 1994 DAVID JETER DATED: November 1994 CRAIG YOUNT APPROVED AS TO FORM: Rutan & Tucker By:By: Gt/ �Gc- G � 4— David J. Al hire, E'tq. City Attorney Jenson & Roth By: •Vl/l- l[,zG_9'-1 James M. Roth, Esq. Attorneys for John Wessman, individually, and d/b/a Wessman Development Company Guralnick & Associates By: Wayne Guralnick, Esq. Attorneys for Louise' s Pantry, Inc. and Samuel Sean Sontag and David Jeter PS21268\014084-"3\2117399.1 11/17/94 -8- DATED: November 1994 WESSMAN DEVELOPMENT COMPANY, a By: Title: DATED: November 1994 JOHN WWESSMAN DATED: November 1994 J SAMUEL SEAN SONTAG, JR. DATED: November 1994 DAVID JE DATED: November 1994 CRAIG YOUNT APPROVED AS TO FORM: Rutan & Tucker By: David J. Aleshire, Esq. City Attorney Jenson & Roth By: James M. Roth, Esq. Attorneys for John Wessman, individually, and d/b/a Wessman Development Company Guralni k & Associates By: Way Wayi,Ye GuPaq nick, Esq. At rneyor Louise' s Pantry, . and Samuel Sean Son and David Jeter FS2\268\014084-"3\2117399.1 11/17/94 -$- DATED: November 1994 WESSMAN DEVELOPMENT COMPANY, a By: Title: DATED: November 1994 JOHN WESSMAN DATED: November 1994 SAMUEL SEAN SONTAG, JR. DATED: November 1994 DAVID JETER DATED: December' _ 1994 � (L, C APPROVED AS TO FORM: Rutan & Tucker By: David J. Aleshire, Esq. City Attorney Jenson & Roth By: James M. Roth, Esq. Attorneys for John Wessman, individually, and d/b/a Wessman Development Company Guralnick & Associates By: Wayne Guralnick, Esq. Attorneys for Louise's Pantry, Inc. and Samuel Sean Sontag and David Jeter FS2\268\0140840003\2117399.1 11/17/94 -$- MacLachlin, rford & Arias By: — 'g Harper, q. At orneys for Hey Enterprises, Inc. , and Craig Yount FS21268\0140840003\2117399.1 11/17/94 -9- 0 Executed as of the dates indicated below. DATED : NQSzend5er 1994 CITY OF PALM SPRINGS, a charter city By: c! c✓ Mayor ATTEST: -°FF^OYEP uY THI CITY COUNCIL BY3E�. NO.S�/,?0 .c�171yy By � — /ylU Cit Clerk 3 /EZ DATED: Nove—mb—er r�� , 1994 COMMUNITY REDEVELOPMENT AGENCY �. OF THE CITY OF PALM SPRINGS, a public body corporate and politic AGENCY BY RES. W. 9�i2 /�/7�J� By: ChdirrAan T ATTEST:: B �- 1�/ L _ CL� Sec ary DATED: NoyeAer /dam 1994 LOUISE' S PANTRY, INC. a Californi corporation / By: Title: DATED: November 1994 HEY ENTERPRISES, a California corporation By: i Title: F32\268\014084-0003\2117399.1 11/17/94 -7- Executed as of the dates indicated below. DATED: November 1994 CITY OF PALM SPRINGS, a charter city By: Mayor ATTEST: By: _ City Clerk DATED: November 1994 COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, a public body corporate and politic By: Chairman ATTEST: By: _ Secretary DATED: November 1994 LOUISE' S PANTRY, INC. a California corporation By: Title: DATED: December- ,/z, 1994 HEY ENTERPRISES, a California corporation By: Title: y2�d F52126M014094-000312117399.1 11/17/94 -7- • i DATED: November o�S 1994 WESSMAN DEVELOPMENT COMPANY, a �Title: DATED: November 1994 / JOHN WESSMAN DATED: November 1994 SAMUEL SEAN SONTAG, JR. DATED: November 1994 DAVID JETER DATED: November 1994 CRAIG YOUNT APPROVED AS TO FORM: Rutan & Tucker By: //6w6t . 4-1 David J. Al hire, Ztq. City Attorney Jenson & Roth By: •M -1 , I l 2ci 9 James M. Roth, Esq. Attorneys for John Wessalan, individually, and d/b/a Wessman Development Company Guralnick & Associates 7 By: Wayne Guralnick, Esq. Attorneys for Louise' s Pantry, Inc. and Samuel Sean Sontag and David Jeter FS2\268\014084-0003\2117399.1 11/17/94 -$- DATED: November 1994 WESSMAN DEVELOPMENT COMPANY, a By: Title : DATED: November 1994 JOHN L J DATED: November �� 1994 SAMUEL SEAN SONTAG, JR. DATED: November 1994 DAVID JE DATED: November 1994 CRAIG YOUNT APPROVED AS TO FORM: Rutan & Tucker By: David J. Aleshire, Esq. City Attorney Jenson & Roth By: James M. Roth, Esq. Attorneys for John Wessman, individually, and d/b/a Wessman Development Company Guralni k & Associates I - By: �r Way Gur�1 nick, Esq. At rneyFaScr or Louise' s Pantry, . and Samuel Sean Son and David Jeter FS2\26MO14094-0003\2117399.1 11/17/94 -8- DATED: November 1994 WESSMAN DEVELOPMENT COMPANY, a By: Title: DATED: November 1994 JOHN WESSMAN DATED: November 1994 SAMUEL SEAN SONTAG, JR. DATED: November 1994 DAVID JETTER DATED: December Z_, 1994 44�Z-1611 1_11�L- C APPROVED AS TO FORM: Rutan & Tucker By: David J. Aleshire, Esq. City Attorney Jenson & Roth By: James M. Roth, Esq. Attorneys for John Wessman, individually, and d/b/a Wessman Development Company Guralnick & Associates j By: Wayne Guralnick, Esq. Attorneys for Louise' s Pantry, Inc. and Samuel Sean Sontag and David Jeter PS212681014084-000=117399.1 11/17/94 -$- MacLachlin, aurford & Arias By: 'g Harper, q. At orneys for Hey Enterprises, Inc. , and Craig Yount PS212681014084-000312117399.1 11/17/94 -9-