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HomeMy WebLinkAboutROBERTI'S INSURANCE (2) - 2013A-2013-054 SELL ALL (NO SALVAGE) Project: Grand Avenue Widening Proiect APN: 398-454-12 & 13 Tenant-Seller: Roberti's Insurance Agency Inc. AGREEMENT FOR ACQUISITION OF TENANT-SELLER'S INTEREST IN REAL PROPERTY THIS AGREEMENT ("Agreement") is entered into as of this 25' day of 0Za 2013, by and between THE CITY OF SANTA ANA, a charter city and municipal corporation duly organized under the Constitution and laws of the State of California (`Buyer"), and ROBERTI'S INSURANCE AGENCY INC. ("Tenant-Seller") for the acquisition by Buyer of certain interests in real property described herein. IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS: 1. AGREEMENT. Tenant-Seller agrees to sell and convey to Buyer, and Buyer agrees to purchase and acquire from Tenant-Seller, upon the terms and for the consideration set forth in this Agreement, (a) all right, title and interest, in and to certain improvements, including fixtures and equipment (collectively "Improvements") located in, on, or affixed in any manner to the premises known and numbered as 1221 E. First Street. # E. Santa Ana, California ("Premises") which Premises are part of that real property described in Attachment "1" attached hereto, located in the City of Santa Ana, Orange County, California ("Property"), and (b) any tenancy interest of Tenant-Seller ("Tenancy Interest") in and to the Premises and the Property. The Improvements to be conveyed by Tenant-Seller are a part of the Premises, and specifically include, without limitation, the items described in the list of Improvements Pertaining to the Realty attached hereto as Attachment "2". 2. PURCHASE PRICE. The total purchase price, payable in cash through this Agreement, shall be the sum of: Six Thousand Eighty Five and no/100 dollars ($6,085.00) ("Purchase Price"). Said sum shall be paid by negotiable check or draft within 30 days following full execution hereof, made payable to "California Eminent Domain Law Group Client Trust Account" and delivered to Tenant-Seller's counsel of record, A.J. Hazarabedian of California Eminent Domain Law Group, 3429 Ocean View Blvd., Suite L, Glendale, CA 91208. 3. CONVEYANCE OF INTEREST IN REAL PROPERTY. Tenant-Seller agrees to execute a Quitclaim Deed in the same form as that attached hereto as Attachment "3" in favor of Buyer ("Quitclaim Deed"), relinquishing, releasing, and forever quitclaiming to Buyer all right title and interest in and to the Tenancy Interest. 4. VACATION OF PROPERTY. The parties acknowledge that Tenant-Seller has previously vacated the Premises in anticipation of Buyer's public project, and has delivered possession to Buyer of all Improvements. 5. CONVEYANCE OF INTEREST IN IMPROVEMENTS. The Quitclaim Deed will also convey from Tenant-Seller to Buyer all of Tenant-Seller's interest in and to the improvements, which conveyance shall be free and clear of all recorded and unrecorded encumbrances, liens, A-1 assessments, Imes, and taxes. Unless otherwise provided, recording of the Quitclaim Deed and Closing (as defined below) of the transaction described herein shall he subject to Tenant-Seller's vacation of the Premises and proof of clear title to all said Improvements having been obtained and received by Buyer in accordance with Paragraphs 8 and 9 of this Agreement. 6. RECORDING. Recordation of any documents delivered through this Agreement is authorized if necessary or proper, upon acceptance by Buyer as described herein. 7. CERTIFICATION OF OWNERSHIP. Tenant-Seller hereby warrants and certifies under penalty of perjury that to the best of Tenant-Seller's knowledge, Tenant-Seller is the owner of the Improvements and that no document has been signed by or on behalf of Tenant-Seller for the purpose of creating any lien, encumbrance, or security interest in any of the Improvements, and that the Tenant-Seller does not know of any claim of lien, encumbrance, or other security interest therein, EXCEPT: ( a) Trust Deeds on the Property, duly recorded; and (b) real and personal property taxes. 8. BULK SALE. In order. to establish proof of clear title to the Improvements, Buyer may publish a Notice to Creditors pursuant to the Bulk Sales Law of the State of California and obtain a title report and/or a report from the Secretary of State's Office as to filings of security interests covering the Improvements. 9. CLOSING; PURCHASE PRICE ADJUSTMENTS. Recording of the Quitclaim Deed by Buyer will constitute "Closing" of this transaction. At Closing, which shall occur no later than 30 days following Tenant-Seller's execution of this agreement, Buyer will pay the Purchase Price to Tenant-Seller. 10. FULL AND COMPLETE SETTLEMENT EXCEPT FOR RELOCATION AND LOSS OF BUSINESS GOODWILL. The parties hereby acknowledge that with the exceptions of (1) relocation benefits previously paid to Tenant-Seller in the amount of $43,224.98, and (2) business goodwill loss compensation of $193,500.00 to be paid separately by Buyer to Tenant- Seller, the compensation paid to Tenant-Seller through this Agreement constitutes the full and complete settlement of any and all claims against Buyer, resulting from or arising out of Buyer's acquisition of the Property and the Tenancy Interest and any dislocation of Tenant-Seller from the Premises, specifically including, but not limited to the value of the Improvements, leasehold improvements, any and all claims for rental or leasehold value, and any and all claims in inverse condemnation and for precondemnation damages, and any and all other claims that Tenant-Seller may have, whether or not specifically mentioned here, relating directly or indirectly to the acquisition by Buyer of the Property, the Improvements and the Tenancy Interest (but excluding relocation benefits to which Tenant-Seller may be entitled and the loss of business goodwill, if any). Except for payments to Tenant-Seller for relocation benefits and loss of business goodwill compensation as set forth herein, Tenant-Seller and Buyer and each and all of their agents, representatives, attorneys, principals, predecessors, successors, assigns, administrators, executors, heirs, and beneficiaries (collectively "Releasees"), hereby release the other party, and its Releasees, and each of them from any and all obligations, liabilities, claims, costs, expenses, demands, debts, controversies, damages, causes of action, including without limitation those relating to just compensation or damages which any of them now have, or might hereafter have by reason of any matter or thing arising out of or in any way related to any condemnation action affecting the Property, the Improvements and the Tenancy Interest. A-2 11. ACKNOWLEDGMENT CONCERNING CIVIL CODE SECTION 1542. Tenant- Seller acknowledges that it has been advised by its attorneys concerning, and is familiar with, the provisions of California Civil Code §1542, which provides as follows: "A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor." Tenant-Seller acknowledges that it and any others acting on its behalf herein may have sustained damage, loss, cost, or expenses that are presently unknown and unsuspected and which may give rise to additional damages, loss, costs, or expenses in the future. Nevertheless, Tenant-Seller acknowledges that this Agreement has been negotiated and agreed upon in light of that situation and hereby expressly waives any and all rights which it or others acting on its behalf may have under California Civil Code §1542, or under any statute or common law or equitable principle of similar effect. Tenant-Seller: . 12. CONTINGENCY. This transaction is subject to and contingent upon receipt by Buyer of the duly executed Quitclaim Deed from Tenant-Seller with respect to the Tenancy Interest and the Improvements. This transaction is further subject to and contingent upon approval and acceptance by Buyer. 13. AGREEMENT TO EXECUTE. Tenant-Seller and Buyer agree to execute and file any additional agreements, consents or other documents reasonably necessary to effect the full and complete settlement and purchase of the Improvements and the Tenancy Interest. 14. AUTHORIZATION TO EXECUTE. Tenant-Seller and Buyer represent and warrant that the persons executing this Agreement are duly authorized to do so and to act on behalf of Tenant-Seller and Buyer respectively. 15. COMPROMISE IN SETTLEMENT. This Agreement is a compromise in settlement of pending or potential litigation between Tenant-Seller and Buyer and shall never be treated as an admission by Buyer for any purpose of liability or as to value of any property or claim. 16. SURVIVAL OF RIGHTS AND OBLIGATIONS. Notwithstanding the releases contained herein and agreement concerning this transaction, all the rights and obligations created under and pursuant to this Agreement shall survive the execution of the Agreement, the releases contained herein and the Closing of this transaction. 17. WARRANTIES REPRESENTATIONS AND COVENANTS OF TENANT- SELLER. Tenant-Seller hereby warrants, represents, and/or covenants to Buyer that: A. To the best of Tenant-Seller's knowledge, there are no actions, suits, material claims, legal proceedings, or any other proceedings affecting the Improvements, the Tenancy Interest or any portion thereof, at law or in equity, before any court or governmental agency. A-3 B. Until the Closing, Tenant-Seller shall not do anything which would impair Tenant-Seller's title to the Premises, the Improvements or the Tenancy Interest. C. All utilities including gas, electricity, water, sewage, and telephone, are available to the Premises, and to the best of Tenant-Seller's knowledge, all such items are in good working order. D. To the best of Tenant-Seller's knowledge, neither the execution of this Agreement nor the performance of the obligations herein will conflict with, or violate any of the provisions of any bond, note, evidence of indebtedness, contract, lease, or other agreement or instrument to which Tenant-Seller, the Premises, the Improvements or the Tenancy Interest may be subject. E. Until the Closing, Tenant-Seller shall, upon learning of any fact or condition which would cause any of the warranties and representations in this Paragraph 19 not to be true as of Closing, immediately give written notice of such fact or condition to Buyer. 18. COUNTERPARTS. This Agreement may be executed in counterparts and when so executed by both parties, each counterpart will constitute an original document. 19. BINDING EFFECT. The terms, conditions, covenants and agreements set forth herein shall apply to and bind the heirs, executors, administrators, assigns and successors of the parties hereto. 20. ENTIRE AGREEMENT. This Agreement contains the entire agreement between both parties; neither party relies upon any warranty or representation not contained in this Agreement. IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and year set forth hereinabove. REMAINDER OF PAGE INTENTIONALLY LEFT BLANK. SIGNATURE PAGE FOLLOWS. A-4 Mailing Address of Roberti's 2128 B N. Tustin Avenue Santa Ana, California Mailing Address of City 20 Civic Center Plaza, M-30 Santa Ana, California 92701 ROBERTI'S INSURANCE, INC., a California Corporation By: 4a- - Its: CF o Date:. 3-2-17-13 THE CITY OF SANTA ANA, a charter city and municipal corporation duly organized under the Constitution d laws of the State of California By: Kevin O'Rourke' City Manager p? Date: Attest: By: d r t a,",, ,D Maria D. Huizar City Clerk Date: tLwl Approved as to Form: Sonia R. Carvalho City Attorney B• e S ndoval Chief Assistant City Attorney Date: CALIFORNIA EMINENT DOMAIN LAW GROUP By: ?A? A.J. Hazarabedian, Esq. Attorneys fpprAoberti's Insurance Date: f /I &T A-5 Attachment "Y" LEGAL DESCRIPTION OF PROPERTY LEGAL, DESCRIPTION Real property in the City of Santa Ana, County of Orange, State of California, described as follows: PARCEL A: LOTS 1, 3, 41 10,11 AND 12 IN BLOCK "E' OF SANTA ANA INVESTMENT COMPANY TRACT NO. 1, HUMPHREY'S ADDITION TO SANTA ANA, IN THE CITY OF SANTA ANA, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS PER MAP THEREOF RECORDED IN BOOK 11, AT PAGE 39, OF MISCELLANEOUS RECORDS OF LOS ANGELES COUNTY, CALIFORNIA. EXCEPTING THEREFROM THE SOUTHERLY ONE FOOT OF LOTS 10, 11 AND 12, IN BLOCK E OF SANTA ANA INVESTMENT COMPANY, TRACT NO. 1, HUMPHREY'S ADDITION TO SANTA ANA, AS SHOWN ON A MAP THEREOF RECORDED IN BOOK 11, PAGE 39, MISCELLANEOUS RECORDS OF LOS ANGELES COUNTY, CALIFORNIA, AS GRANTED TO THE CITY OF SANTA ANA BY DEED RECORDED APRIL 3, 1964, IN BOOK 6990, PAGE 100 AS INSTRUMENT NO. 3013, OF OFFICIAL RECORDS. ALSO EXCEPTING THEREFROM A SPANDREL SHAPED PARCEL OF LAND BOUNDED SOUTHERLY BY THE NORTH LINE OF PARCEL 1, BOUNDED EASTERLY BY THE EAST LINE OF SAID LOT 1.2, BOUNDED NORTHWESTERLY BY THE ARC OF A CURVE CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 25 FEET AND TANGENT TO SAID SOUTHERLY AND EASTERLY BOUNDARIES, AS GRANTED TO THE CITY OF SANTA ANA BY DEED RECORDED APRIL 3,1964, IN BOOK 6990, PAGE 100 AS INSTRUMENT NO. 3013, OF OFFICIAL RECORDS. PARCEL B: LOT 2IN BLOCK B OF SANTA ANA INVESTMENT COMPANY, TRACT NO. 1, HUMPHREY'S ADDITION TO SANTA ANA, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON A MAP RECORDED IN BOOK 11, PAGE 39 MISCELLANEOUS RECORDS OF LOS ANGELES COUNTY, CALIFORNIA. APN: 398-454-12 and 398-454-13 A-6 Attachment " T' IMPROVEMENTS PERTAINING TO THE REALTY PUBLIC WORKS CITY OF SANTA ANA GRAND AVENUE STREET WIDENING PROJECT ROBERTI'S INSURANCE AGENCY FAIR MARKET VALUE DATE OF VALUE: APRIL 12, 2012 ITEM DESCRIPTION: COND PIC # FAIR SALVAGE NO. OTY IMPROVEMENTS PERTAINING TO THE REALITY MARKET VALUE VALUE THROUGHOUT 1,095 SQ. FT. CARPET, STANDARD COMMERCIAL, BLUE F 5055 $1,315 $0 1 ALARM SYSTEM, 10 KEYPAD, (2) SOUND, (2) MOTION SIGNAGE, C10: (80) VINYL LETTERS, 3"- 4- (1) BUSINESS HOURS DECAL, 16" X 9- (39) SQ. FT. SEE THROUGH ONE WAY WINDOW SIGNAGE, PERFORATED VINYL (18) SO. FT. SOLID WINDOW, VINYL (10) INDIVIDUAL LETTERS, PLASTIC LETTERING ON FOAM BACKING, 14" H, (NO ILLUMINATION) (9) INDIVIDUAL PLASTIC LETTERS, ILLUMINATED, 18" H (2 MISSING, PLASTIC) (6) SO. FT. VINYL OVER PLASTIC SHEET MONUMENT SIGNAGE "INSURANCE' (1) INTERIOR SIGN, CUSTOM WOOD, V X T TOTAL IMPROVEMENTS PERTAINING TO THE REALTY A 910 3,860 $6,085 $0 B-1 Attachment 113" QUITCLAIM DEED (See Attached) RECORDING REQUESTED BY: THE CITY OF SANTA ANA AND WHEN RECORDED MAIL TO: Clerk of the Council City of Santa Ana 20 Civic Center Plaza, M-30 Santa Ana, Califomia 92701 Exempt from Recording Fee County Assessor's Parcel 398-454-12 & 13 FOR A VALUABLE do(es) hereby REMISE, Exempt from Documentary Transfer Tax 03 Pursuant to R&T Code & 11922 QUITCLAIM DEED receipt of which is hereby acknowledged, Roberti's Insurance Agency, Inc. AND FOREVER QUITCLAIM to the THE CITY OF SANTA ANA, a charter city and municipal corporation duly organized under the Constitution and laws of toe State of California, the real property in the City of Santa Ana, County of Orange, State Of California, described as all right title and interest in and t the following described real property in exhibit "A" including any and all leasehold interest, title and i terest in and to the improvements pertaining to the realty which are attached or affixed in any manner to the following described real property specifically including, but not limited to the items in Exhibit "B;; list of Improvements Pertaining to the Realty, (fixtures and equipment), attached hereto and by this reference made a part hereof, which are either generally or for purpose of this deed a part of th t parcel of real property in the City of Santa Ana, County of Orange, State of California, described as i flows: Grantor for himself, his heirs, re resentatives and assigns covenants and warrants that: 1) Grantor is the sole owner of the itemized I provements Pertaining to the Realty conveyed by this Quitclaim Deed free from all liens and encumbilS nces, and 2) Grantor will defend the title and quiet enjoyment of the real property described abovincluding all Improvements Pertaining to the Realty, against all demands and claims of all perss. SEE E HIBIT "A" & "B" ATTACHED HERETO AND BY T REFERENCE MADE A PART HEREOF IN WITNESS WHEREO, the grantor hereto has caused this Quitclaim Deed to be executed as of this29 day of '; 013. By. Date: 2`l -l3 By: I Date: CALIFORNIA ALL-PURPOSE STATE OF CALIFORNIA ) COUNTY OF Q ) On 20 , before me, r /??. Neo+ r? , Date __ Name And Tnle Of Offim (a.B!'Jana D , Notary Public') personally appeared O Nam of Slgmx(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.. PATRICK C. RAY Commission # 1982973 I certify that under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true a ,?+d Notary Public • California z Orange County and correct. My Comm. Ex Tres Jun 23, 2018 WITNESS my hand and official Seal. Signature "`o ureeoof NDiary Public OPTIONAL Though the data below is of required by law, it may prove valuable to persons, relying on the document at id could prevent fraudulent reattachment of this form' Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Signer's Name: ? Individual ? Individual ? Corporate Officer - Title(s): ? Corporate Officer - Title(s): ? Partner- ? Limited 1 1 General ? Partner- ? Limited ? General ? Attorney In Fact ? Attorney In Fact ? Trustee ? Trustee ? Guardian or Conservator ? Guardian or Conservator ? Other: ? Other: Signer is representing: Signer is representing: EXHIBIT "A" LEGAL DESCRIPTION Real property in the Glty of Santa Ana, County of Orange, State of California, descrl6ed as follows: PARCEL A: LOTS 1, 3, 4,10,11 D 12 IN BLOCK "E" OF SANTA ANA INVESTMENT COMPANY TRACT NO. 1, HUMPHREY S ADD ON TO SANTA ANA, IN THE CITY OF SANTA ANA, COUNTY OF ORANGE, STATE OF CALIFOR I A, AS PER MAP THEREOF RECORDED IN BOOK 11, AT PAGE 39, OF MISCELLANEOUS RE RDS OF LOS ANGELES COUNTY, CALIFORNIA. EXCEPTING THEREF OM THE SOUTHERLY ONE FOOT OF LOTS 10,11 AND 12, IN BLOCK E OF SANTA ANA INVEST NT COMPANY, TRACT NO. 1, HUMPHREY S ADDITION TO SANTA ANA, AS SHOWN ON A MAP EREOF RECORDED IN BOOK 11, PAGE 39, MISCELLANEOUS RECORDS OF LOS ANGELES COL IN CALIFORNIA, AS GRANTED To THE CRY OF SANTA ANA BY DEED RECORDED APRIL 3, 1964, IN BOOK 6990, PAGE 100 AS INSTRUMENT NO. 3013, OF OFFICIAL RECORDS. ALSO EXCEPTING TH?REFROM A SPANDREL SHAPED PARCEL OF LAND BOUNDED SOUTHERLY BY THE NORTH LINE OF PARCEL 1, BOUNDED EASTERLY BY THE EAST LINE OF SAID LOT 12, BOUNDED NORTHWESTERLY BY THE ARC OF A CURVE CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 25 FEET AND TANGENT TO SAID SOUTHERLY AND EASTERLY BOUNDARIES, AS GRANTED TO THE CITY OF SANTA ANA BY DEED RECORDED APRIL 3,1964, IN BOOK 6990, PAGE 100 AS INSTR MENT NO. 3013, OF OFFICIAL RECORDS. PARCEL B: LOT 2IN BLOCK B O SANTA ANA INVESTMENT COMPANY, TRACT NO. 1, HUMPHREY'S ADDITION TO SANTA ANA, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON A MAP RECORDED IN BOOK 11, PAGE 39 MISCELLANEOUS RECORDS OF LAS ANGELES COUNTY, CALIFORNIA. APN: 398.454-12 and 398-45413 Fyijcju#CX# PUBLIC WORKS CITY OF SANTA ANA GRAND AVENUE STREET ITEM I NO. OTY IMPROVEMENTS ROBERTI'S INSURANCE AGENCY FAIR MARKET VALUE PROJECT DATE OF VALUE: APRIL 12, 2012 RIPTION: FAIR SALVAGE 'AINING TO THE REALITY COND PIC 9 MARKET VAI I IF THROUGHOUT 1 1,095 SQ. FT. CARPET, ST DARD COMMERCIAL, BLUE F 5055 $1,315 2 1 ALARM SYSTEM, 10 K Y PAD, (2) SOUND, A 910 (2) MOTION 3 1 SIGNAGE, C/O: 3,860 (80) VINYL LETTERS, '-4- (1) BUSINESS HOURS ECAL, 16" X 9" ) (39) SQ. FT. SEE THR UGH ONE WAY WINDOW SIGNAGE, PERFORAT ED VINYL (18) SQ. FT. SOLID W11' DOW, VINYL (10) INDIVIDUAL LETT RS, PLASTIC LETTERING ON FOAM BACKING, 1, H, (NO ILLUMINATION) (9) INDIVIDUAL PLASTI LETTERS, ILLUMINATED, 18" H (2 MISSING, PLA TIC) (6) SQ. FT. VINYL OVE PLASTIC SHEET MONUMENT SIGNAGE "INSURANCE" (1) INTERIOR SIGN, C STOM WOOD, V X 7' $0 0 0 TOTAL IMPROVEMENTS PERTAINING TO THE REALTY $6,085 $0