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HomeMy WebLinkAbout2023-04-25 - AGENDA REPORTS - TESORO ADOBE ESMT AGMTO Agenda Item: 7 1. CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR CITY MANAGER APPROVAL: TAA,/� DATE: April 25, 2023 SUBJECT: TESORO ADOBE PARK RECIPROCAL EASEMENT AGREEMENT DEPARTMENT: Administrative Services PRESENTER: Keith Miller RECOMMENDED ACTION City Council: 1. Execute a Reciprocal Easement Agreement with the Tesoro del Valle Master Homeowners Association, associated with the Tesoro Adobe Park. 2. Authorize the City Manager or designee to execute all agreements and associated documents, subject to City Attorney approval. BACKGROUND In May 2005, a Donation Agreement was entered into by, and between, Montalvo Properties LLC (Montalvo) and the County of Los Angeles (County), conveying Montalvo's rights, title and interest in, and to, the Tesoro Adobe Park to the County. The Tesoro Adobe Park is approximately 2.26 acres, located at 29350 Avenida Rancho Tesoro, and consists of historical structures and a wood frame barn. Subsequently, the County, Montalvo, and the Tesoro Del Valle Master Home Owners Association (Master Association) entered into a Reciprocal Easement and Joint Use Agreement regarding Tesoro Adobe Park. At their meeting of August 23, 2022, the City Council took several actions related to the Tesoro Adobe Park in advance of the November 2022 Tesoro Del Valle annexation. These actions included approval of a Park Transfer Agreement and the execution of an Amended Reciprocal Easement and Joint Use Agreement (Amended Agreement), replacing the County with the City in advance of becoming responsible for the operations and maintenance of the Tesoro Adobe Park on December 1, 2022. The Amended Agreement, originally agreed upon by the County and Tesoro Master Association, memorialized two primary provisions. The first provision granted non-exclusive "Reciprocal Page 1 Packet Pg. 43 O Easements for Parking and Vehicular and Pedestrian Ingress and Egress" to both the County and Master Association for parking purposes and vehicular and pedestrian ingress and egress (see Exhibit "B" and "C" of the Amended Agreement attached to this report). The second provision of this Amended Agreement entitled both the County of Los Angeles and Members of the Tesoro Master Association to joint use of the Tesoro Adobe Park. Under these terms, the Master Association was obligated to pay the County `Dues' above and beyond special assessment revenues generated by the Landscape Maintenance District (LMD) Zone T76, equaling $10.00 per month, per residential property. While the assessment revenues generated by LMD Zone T76 were and will continue to be utilized for recurring landscape operations, maintenance and future capital replacement needs of the Adobe Park, the Dues generated by Members of the Master Association were intended to support recreation programming of the Adobe Park for Tesoro property owners. In addition to providing the Master Association with input into recreation programming offerings, the Joint Use provision of the Amended Agreement also exempted the Association and its members from payment of rental fees to utilize the Adobe Park. The scope of the proposed Reciprocal Easement Agreement under consideration by the City Council has been narrowed to retain language preserving the granting of non-exclusive reciprocal easements to both the City and Master Association for parking purposes and vehicular and pedestrian ingress and egress. At their March 28, 2023, Board meeting, the Tesoro Master Association took action to approve the proposed new agreement. Under the terms of this new Agreement, the City and Master Association have mutually agreed to remove the `Joint Use' provision, including the elimination of monthly recurring dues to support recreational programming previously agreed to and generated by individual property owners. Finally, consistent with the terms of this new agreement, upon assuming operational responsibility for recreation activities at Tesoro Adobe Park, all programming will be undertaken and funded in a manner that is consistent with every other Santa Clarita recreational facility. ALTERNATIVE ACTION Other action as determined by the City Council. FISCAL IMPACT There is no fiscal impact associated with this action. ATTACHMENTS Final Reciprocol Easement Agreement Reciprocal Easement and Joint Use Agreement - Amendment No. 1 (available in the City Clerk's Reading File) Page 2 Packet Pg. 44 7.a RECORDING REQUEST BY: WHEN RECORDED RETURN TO: TBD Documentary Transfer Tax $ -0- (Value and consideration is less than $100.00) RECIPROCAL EASEMENT AGREEMENT THIS RECIPROCAL EASEMENT AGREEMENT dated , 20 (this `Agreement'), is made by and among Tesoro del Valle Master Homeowners Association, a California nonprofit mutual benefit corporation ("Master Association"), and the City of Santa Clarita, a body corporate and politic ("City"), (City and the Master Association to be individually referred to herein as, "Party" and collectively refer to herein as, "Parties"), with respect to the following: A. Whereas on May 9, 2005, a Donation Agreement ("Agreement") was entered into by and between Montalvo Properties LLC, a California limited liability company ("Donor") and the County of Los Angeles, a body corporate and politic (County) conveying Donor's rights, title and interest in and to the Adobe Ranch House ("Historical Site" or "Donated Parcel") and all adjacent adobe and wood -frame structures (collectively, the "Historical Structures" or "Tesoro Adobe Park") to the County except for all rights, title and interest in and to the water and water rights related to the Donated Parcel, and subject to the reciprocal parking easement in accordance with the terms of such agreement. B. Whereas, on May 20, 2005, the County, Donor and Tesoro Del Valle Master Home Owners Association ("Master Association") entered into a Reciprocal Easement and Joint Use Agreement regarding Tesoro Adobe Park, a public park owned and operated by the County. C. Whereas, on September 6, 2022, the County Board of Supervisors executed an amended Reciprocal Easement and Joint Use Agreement with Montalvo Properties LLC, the Master Association and the City of Santa Clarita (City), for the purpose of replacing the County with the City. D. Whereas, on January 18, 2023, the Master Association, via FirstService Residential, confirmed the Donor (Montalvo Properties LLC) is no longer an existing entity. 1 S:\LM D\Susie\Agreements\Reciprocal EasementAgreementTesorod elVaIIeHOA Packet Pg. 45 7.a E. City is the owner of that certain real property located in the County of Los Angeles, more particularly described on Exhibit A. attached hereto and incorporated herein by this reference (the "Historical Site"), upon which is located an adobe ranch house, four other adobe structures and one wood -frame structure (collectively, the "Historical Structures"). City is obligated to operate, maintain and preserve the Historical Structures and the Historical Site described in the Preservation Covenant ("Preservation Covenant") which was recorded against the Historical Site concurrently with the grant deed (Document #) conveying title to City. By separate documentation, the maintenance and operation of the Historical Site and the Historical Structures will continue to be maintained and funded by the existing Landscape Maintenance District, Zone T76 (Tesoro Adobe Park) previously formed and subsequently transferred to City concurrent to the completion of the Tesoro Del Valle annexation. F. The Master Association and City desire to grant reciprocal nonexclusive easements over and across portions of the Historical Site and that portion of the Master Common Area Lot (the "Master Common Area Easement Area"), more particularly depicted on Exhibit B, attached hereto and incorporated herein by reference. NOW, THEREFORE, the Parties hereto declare that the Historical Site and the Master Common Area Lot are hereby made subject to the easements, covenants, uses, restrictions, conditions, rights, burdens, benefits and other agreements hereinafter described with the intention that the same shall run with the land and shall be binding upon the Parties and shall inure to the benefit of subsequent owners thereof, upon and subject to the provisions hereof as follows: 1. Reciprocal Easements for Parking and Vehicular and Pedestrian Ingress and Egress 1.1 Grant of Easements. Master Association hereby creates, establishes and grants a nonexclusive easement (the "Master Common Area Easement") over and across the Master Area Easement Area to and for the benefit of and as an appurtenance to the Historical Site for parking purposes and vehicular and pedestrian ingress and egress. City hereby creates, establishes and grants a nonexclusive easement (the "Historical Site Easement") over and across that portion of the Historical Site depicted on the attached Exhibit C (the "Historical Site Easement Area") to and for the benefit of and as an appurtenance to the Master Common Area Lot for parking purposes and vehicular and pedestrian ingress and egress. The Master Common Area Easement Area and the Historical Site Easement Area are collectively referred to herein as, the "Easement Areas". The easements granted herein shall continue for as long as the Historical Site is used in accordance with the terms and provisions of the Preservation Covenant. 1.2 Maintenance of Master Common Area Easement Area. The Master Association shall at all times, at its sole expense, maintain the Master Common Area Easement Area in a neat, clean, safe and attractive condition. 1.3 No Interference. Neither the Master Association nor the City shall permit any uses within the Easement Areas which materially interfere with the quiet enjoyment of, and access to and from, the Historical Site and/or the Master Common Area Lot. 2 S:\LM D\Susie\Agreements\Reciprocal EasementAgreementTesorod elVaIIeHOA Packet Pg. 46 7.a 2. Required Insurance. 2.1 By City. City shall at all times maintain in full force and effect comprehensive, broad form, general liability insurance that shall protect against claims and liability for personal injury, death, and/or property damage arising from the use and/or condition of the Historical Site, the improvements thereon, and/or any abutting public right-of-way owned and controlled by the city, in an amount not less than $1,000,000 per occurrence. City shall deliver certificates periodically to the Master Association that provide evidence that such insurance has not lapsed or been materially changed and the same is and will remain in full force and effect for at least one (1) year from the date of the certificate. In lieu of commercial insurance, the City shall retain the right to self -insure all or any portion of its insurance obligations herein. 2.2 By the Master Association. The Master Association shall at all times and at its sole cost and expense maintain in full force and effect comprehensive, broad form, general liability insurance that shall protect against claims and liability for personal injury, death, and/or property damage arising from the use and/or condition of the Master Common Area Easement Area, the improvements thereon, and/or any abutting public right-of-way, and it shall provide combined single limit protection of at least one million dollars, ($1,000,000) per occurrence, two million dollars ($2,000,000) general aggregate. Such insurance shall be carried only with responsible insurance companies licensed to do business in California. The Master Association shall deliver certificates periodically to the City that provide evidence that such insurance has not lapsed or been materially changed and the same is and will remain in full force and effect for at least one (1) year from the date of the certificate, it being the Master Association's obligation to ensure that the City always has evidence that such required insurance coverage is at all times in force and effect. Indemnification. 3.1 Master Association. The Master Association shall be responsible for all damages to persons or property that occur as a result of Master Association, or its officers, agents, employees, independent contractors, and volunteers' fault or negligence in connection with Master Association's participation in the Activity. Further, Master Association shall indemnify and save harmless the City, its officers, agents, employees, independent contractors, and volunteers from all claims, suits, or actions of every name, kind, description, brought for, or on account of, injuries to or death of any person or damage to property arising from or related to the fault or negligence of Master Association, its officers, agents, employees, independent contractors, and volunteers in connection with the Activity. 3.2 Cam. The City shall indemnify and save harmless Master Association, its officers, agents, employees, independent contractors, and volunteers from all claims, suits, or actions of every name, kind, description, brought for, or on account of, injuries to or death of any person or damage to the property arising from or related to the fault or negligence of the City, its officers, agents, employees, independent contractors, and volunteers in connection with the Activity. S:\LM D\Susie\Agreements\Reciprocal EasementAgreementTesorod elVaIIeHOA Packet Pg. 47 7.a 4. Defaults, Remedies. If any Party hereto shall be in breach or default of its covenants or obligations under this Agreement, then prior to exercising any right or remedy in connection therewith, the nondefaulting Party shall notify the defaulting Party of the occurrence of such breach or default, describing the particulars thereof, and shall demand that the same be fully cured within thirty (30) days after receipt of such notice. If, thereafter, such breach or default is not so fully cured, then the nondefaulting Party may exercise such rights and remedies available to it at law, in equity and/or hereunder including, by way of example only, specific performance and compensation for any damage caused by such breach or default. 5. Rights Cumulative, No Implied Waivers. Each of the rights and remedies available hereunder, at law or in equity are cumulative, and the exercise by any such Party hereto of one or more of such rights or remedies shall not preclude such Party's exercise, at the same time or different times, of any other right or remedy for the same or any other breach or default by the other Party. No waiver of any right, remedy, breach, default or other provision hereof shall be implied, and any such waiver shall be effective only if in writing and signed by the Party to be charged with such waiver. No waiver of any breach of any provision hereof shall be deemed a waiver of any subsequent breach whether of the same or another provision hereof. 6. Time of the Essence Construction. Time is of the essence of each and every provision hereof. Use of the neuter shall include the masculine and feminine, the singular shall include the plural, and vice versa. 7. Notices. Any notice, demand or other communication which any Party maybe required or may wish to give to another Party shall be in writing and shall be addressed to said other Party at the address listed below. Any such notice so addressed shall be deemed delivered upon receipt if delivered personally or by courier service or on the third (3rd) business day after deposit into the U.S. mail if sent by certified mail, postage prepaid, return receipt requested. If any Party wishes to change its address for the receipt of any notice hereunder, then such owner shall notify the other owner of such address change in accordance with the provision of this Section. If to City: City of Santa Clarita 23920 Valencia Boulevard Santa Clarita, CA 91355 Attention: Ken Striplin, City Manager with a copy to: 4 S:\LM D\Susie\Agreements\Reciprocal EasementAgreementTesorod elVaIIeHOA Packet Pg. 48 7.a 8. Entire Agreement. This Agreement, together with the Exhibits attached hereto and forming a part hereof, constitutes the entire agreement among the Parties with respect to the matters covered herein and supersedes any prior negotiations, understandings or agreements with respect to the matters contemplated hereby. 9. Exhibits Incorporated. Each of the Exhibits attached hereto are incorporated herein and made a part of the Agreement. 10. Amendments, Waivers in Writing. This Agreement may not be amended or altered except by a written instrument signed by each of the then -owners of fee title to the Historical Site and the Master Common Area Lot. 11. Severability. Should any term, part, portion or provision of this Agreement or any application hereof to any person or circumstance be held to be illegal, invalid or in conflict with any applicable law, rule or regulation, then the validity of the remaining terms, part, portions and provisions hereof and the application hereof to other persons or circumstances shall be deemed severable, and the same shall remain enforceable and valid to the fullest extent permitted by law. 12. Covenants Running with the Land. The Parties hereto do hereby agree to the provisions hereof on its own behalf and on behalf of the subsequent owners of the Historical Site and the Master Common Area Lot, it being intended that the Agreement and its provisions shall run with the land, shall be binding upon, and shall inure to the benefit of the Parties hereto and each such subsequent owner of the Historical Site and the Master Common Area Lot. 13. Counterpart. This Agreement may be executed in counterparts, each of which shall be an original, but all of which together shall constitute one and the same agreement. 14. Supersedes Prior Agreements. This Agreement shall supersede and replace all prior agreements and understandings, oral or written, between the Master Association and the City including the original Reciprocal Easement and Joint Access Agreement (Recorded No. XXXX) and Amended Reciprocal Easement and Joint Access Agreement (Recorded No. XXXX). S:\LM D\Susie\Agreements\Reciprocal EasementAgreementTesorod elVaIIeHOA Packet Pg. 49 7.a IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by its duly authorized officer(s), agents(s) or representative(s) as of the date first written above. DATED: DATED: City of Santa Clarita By: _ Name: Title: "Master Association" Tesoro del Valle Master Homeowners Association, a California nonprofit mutual benefit corporation. By: Name: Title: By: Name: Title: Exhibits: A: Description of Historical Site B: Depiction of Master Common Area Easement Area C: Depiction of Historical Site Easement Area S:\LM D\Susie\Agreements\Reciprocal EasementAgreementTesorod elVaIIeHOA Packet Pg. 50 7.a EXMIBIT "A" Description of Historical Site Lot 5 of bract 1 -J in the County of Los Angojc�, Stale f California, as per map re:nrded in Book 127,1, Yates 7 through 16. inclusive„ ofMisceltan,eaus Records (Maps) in the Cuff-ic,', (if the tvouniv Recorder of said Counct .. l- C:\Dk uments-aTid Settings%espic.P RKStLocal Seainp\Teniporary in«rntt Fife lC }1R c�prc s as m nt.() C"lit LLAD and HOA),dcc Packet Pg. 51 7.a EXHIBIT "B" Depiction of Master Common Area Easement Area 15 C:\Documents and Settings\parkj.PARKS\Local Settings\Temporary Internet Piles\OLK21\TesoroReeiprocalEasement.sent by County. 4-25-05.002C15-18.doc Packet Pg. 52 7.a 0 z d crw d� J D O WU >W >� W tr) Q o O d CJ � t0 zap Y N QNO a UJ Z a W 0 pWU cr Q u.o¢ ZQ� WOO Z W w W Lrn m Wz0 ^ cn LL U 4 0 Q oof5t _ Cl) L� m Q voz wdm p I O `o co Lo W o V O I- U wa ZI � V) Q N m �C6 T x W LL-O w o Lij cn ��p W Ld V) J U ` 0 �� p o A VEN1Dq R AN i U 0 U) t: m r x Lo ro W w Ln r LO rn ?- � L i `n � Qp (n X Packet Pg. 53 7.a EXHIBIT "C" Depiction of Historical Site Easement Area P z w w w c� Q z w w to Q w J Q U O a U W w W CO O Q O w O to w r c d E m m L Q a) E N M W O u O L Q .0 NNd LIB U- E V Q 16 C:\Documents and Settings\parkj.PARKS\Local Settings\Temporary Internet Files\OLK21\TesoroReciproealEasement.sent by County. 4-25-05.002CI5-18.doc Packet Pg. 54 7.a 0 ph ry a� W c�> in s � o o a. LLJ -A, Q Qpe =o• �o ,�� Y w �� pA, f-- Q o .. m ° a 0 U) `' O X Ofw z z W w— P Wz ¢ <~ ¢< �o w� � w ao Zoo 3 Oa a� P IL Z a in xU r n.Ofz P w f •� OQ� �Zt On On L, LU o W Z O U Q O F O O O Q-ujw = II N w ow w w CKdrn i Y (C) m w � Y U ¢ O o i X Packet Pg. 55 TRANSFER AGREEMENT EXHIBIT C RECIPROCAL EASEMENT AND JOINT USE AGREEMENT HOA.103766657.1 RECORDING REQUESTED BY: COUNTY OF LOS ANGELES WHEN RECORDED MAIL TO: City of Santa Clarita 23920 Valencia Blvd., Suite 300 Santa Clarita, CA 91355 Attention: Deputy City Manager ............................................................................... AMENDMENT NO. 1 TO RECIPROCAL EASEMENT AND JOINT USE AGREEMENT This Amendment to the RECIPROCAL EASEMENT AND JOINT USE AGREEMENT dated May 20, 2005 ("Agreement"), is made and entered into this day of , 2022, by and between the County of Los Angeles ("County"), the City of Santa Clarita ("City"), Montalvo Properties LLC, a California limited liability company ("Montalvo Properties"), Tesoro del Valle Master Homeowners Association, a California nonprofit mutual benefit corporation ("Master Association"). Whereas, in 2005, the County, Montalvo Properties, Master Association entered into the Agreement regarding Tesoro Adobe Park, a public park owned and operated by the County. Whereas, the City is annexing unincorporated territory including Tesoro Adobe Park. Whereas, the County and City have agreed to transfer ownership and operation of Tesoro Adobe Park to the City. Therefore, the Parties wish to amend the Agreement to replace the County with the City. 1. Assumption of Rights and Responsibilities. The City agrees to assume all of County's rights and responsibilities under the Agreement. 2. Substitution of the County. All references to the County of Los Angeles or "County" in the Agreement, are hereby replaced with the appropriate reference to the City of Santa Clarita or "City". 3. Effective Date. The effective date of this Amendment shall be the later of the following: (1) final execution by all parties, or (2) completion of the transfer of Tesoro Adobe 4. No Other Changes. Except as expressly set forth herein, all other terms and provisions of the Conservation Easement remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this Amendment by their authorized officials as of the day and year first above written. City of Santa Clarita Tesoro del Valle Master Homeowners Association, By:_ Title: APPROVED AS TO FORM By:_ Title: County of Los Angeles, a body corporate and politic Bv: Norma E. Garcia -Gonzalez, Director Parks and Recreation APPROVED AS TO FORM: DAWYN R. HARRISON Acting, County Counsel: By. � A v Deputy ATTEST: DEAN C. LOGAN Registrar-Recorder/County Clerk By: Deputy By:_ Title: Montalvo Properties LLC By:_ Title: RECORDING REQUESTED BY! WHEN RECORDED RETURN TO: Lt�Veri & Seligman 1801 Century Park East, Suite 200 I as Aneeiez, CA 90067 Attn: GaTy E. Leven, Esq. YMEe���a�YYiYs*:Y�aiYYYlYY��IYYi��iY���a�Yi��e�ll�Y*MYYa�Y■�a�.illrrYIF�7YlYtY�rear� C7CL7rjjcritary Trar3sfer Tax -0- iValtie and consideration is Iess than 10Q. 0) RECIPROCAL EASEMENT ACID JOINT USE AGREEMENT THIS RECIPROCAL EASE IEN7 AND JOINT USE AGREENIIENT date. . 2003 (this "Agreement"), is made by and artiong MontalvaProperties LLC,n California limited liability compajly ("l4jontalvo Properties"), Suricalae;soro, LLC, a Delaware limited liability comparty ("SunCallTesoro"), Tesoro del Valle Master Homeowners _4ssociation, a California nonprofit mutual henefit corporation ("Master kssociWion" ), and the Couniy" of Los Angeles. a hudy corporate and politic ("County"), (loni,alvo Properties.. SunC allTesoro. County and the Master A,.,.sociat Ion to be indiv iduall y referred io hffreiri as" "]P r ' and collectively referred to herein as. "Parties"), with resp= to the following. A. Monialvo Properties. SunCal,'Tesoro and other merchant builders (collectively, "Developers-) are the owners of potions of that £ertain real property ("Property"") located in the ttninr°c r-Purated area of ihe Caufit-y of Lola Angeles ("County"). Developers intend to develop a ie,sidential community on thy. Property to be known as Tesoro del Valle {tyre "Project"). B. In order to est:jhlish a plan for the development, maiMenance, enjc�ynient and use of ihr- Vraject, Developers Dave caused Dr will cause that certaiii Ma-stcr Declaration of p j�tablishinent of Canditions. Covenants and Restrictions .for Te�,aro del Valle (the -Declaratiori`io be recorded against the initial phase of the Property to be developed and ii is intended that all portions of the Property will be annexed thereto in the oTdinar�' coufse of development of the P perty. The Did claranon provides for the formation, of the TesoT-o &I gall- Master Homeowners Association ("Master Association") which shall be resp€nr ible for the management and m;r intcjiancc of the Project and various portions of the common area f"Master Common Area"), iucivdinp- but not limited to, Lot 714 of 'Tract 51644 t referred to herein as, the "Master Common Area Lot'). all w, do sL:ribeti in the Declaration. At; ofthe recc )Min'. pf this Agremunt, the blaster Canton Area l.ot is either (a} owned by SlInCalaesoro and it is intended that the. Master Common Arta Lot will be conveyed to the MasEerA6�sociation. or i b) awned by the WTier .Association quid SunCalr'Tesoro has retaartc l the right to grant the rit�rjexclusive easement over the master Common Area Lot, os Lip}seribe l herembelow. 1 CADOcurnents arkd 5ettings'+e pieTARKSlLocal Settiatp�� 4" mporaTy lnle.,meE f= l CJ1�l ?lideciprc►r Jlr sen�ent.{] iif LLAD and HOA),doc C. County is the owner of that ct, tait] rv� l 171c1pertN- located in the. unincoipomled areas to the County of Los Angel , more particularly de scribtd on Exhibit A. attached heretc. and incorporated herein by th is rcJ'erence (the -Historical Site"), upon which i,-� located an adobe ranch house, four other adob,- miciores and one wood -frame structwpe jealieetively. the "Historical Stmetures"). County is otil i Qaied to operate. maintain and prese e ffie Historical SwucLures and the Fli,,torical Site as described in the Prc,�,ervItitrri Covl-- fans ("Preservation Covenant-) which was reicor&d against the Historical She colicurreii.tdy with die grant deed conveying title io CouilLy. BN separate docamematibii. the maintenance and operatifin of the Hisloric;al Site "d the Historical i:ructures wiI I one ma& a part of a landscape and Iightirig act district ("LLAD ) which has orwiN Eye formed for this purpose and ail owners of Proiect Units (as defined in the. DcQlaration) shall be assessed by Lhei LL.AJD for _auch maintenance and operation u[ ur in accnrd�nce with the terms and obli atiori.S Of Riel-1 separatc documtmtav;on. In addition. the Master Association shall pay to the CoT.inry that p Fnlon of tit, costs associated with the maimermuce and opei-atIon of the Hj!. ti71ieaJ Sit -- and the Historical Strueitur s hi ll are~ 1-10( eoVered by the l L. _ in Lhe. mariner described hereinbelow. D. MOntalve Properties# unCal/ esoro. the Master Msociatimi and Couniv desim to {a) grant reciprocal nonexclusive easements ever and across porrtions of the- Histt cal Site and that p0nic?rt Of tltc lulatitcr COTtirilt T) Area Lot (tile "Master Common Area Easement Area"), more pan, icirlady depicted on ExhihiI B, attached lhatio and irie;orporated herein by this refe reiice. (b) pmvide for dies joint tlse by the Parties hereto of the Histodcil Site and thu Master Commor Area Easement nt Area, all in acc rrdancc with the terms and provisions of this Agreement. acid tc) provide for payment to the County by the MasteF Association for that pardon of the costs ass(}ciated with the maintenance and op: railon of lhi - Historical Site and the Mstorical Strucnires which are not covered by the LLAD, in the manner descr hed hereiiibelow, NOW, T1-IEREFOl2E_ the Parties hereto declare that the .Historical Site and the Master Common Area Lot are hereby made sttbjeci to the easements, covenants, uses. restrictIUMi. conditions. r0its. burdem, bene.fi(e acid other agreements hereinafter describi�d with the iratntion that flit Same shall run with the land and shill lie binding upon dic Parties and shall inure. to the benefit of subse.-q=nt owiien thereof, upon and subject to The provisions here -of as follows - I , Rrc.i]2rocal Easements_for Parking acid Vghicaalar and Pedestrian Trims area lEggss. 1.t Grant of Fa,�emi=s. SuiiCatfTesorc, hereby creaws. establishes and grants a. nonexclusive easement (the "Master Common Area Easement-) twe.T and across the Master Common Area Easement Area tt7 and for the- benefiI of rind as an a ppurten anex! to the: Historical Site J4oT parking purposes and vehicular and pctjestrian ingress and egress. County hereby creates establIshes and grants a 'non ex C I wt ive eaaerrienI I die "Historical Site lEasement" 1 m,cr and across; that portion of the Hisiorical Site depicted on the attached Eichibit C (the "H'islorical Site EasemenI Area") to and for the ben fit of and as arr appurLenance to the- M ati ter Corn morl Area Lot foT parkirxg pw poscs Said vehie_nlar and pe de., triari ingress arid �gre�;s. The Master Comm on Area Easement Area and the HistoricaJ Site EaNernnit Area are cotlecdveiy referred to herein as, the "Easement Areas". The easements Granted herein steal I continue for as long as the Hhgodcal Site is usi in ac_crrdance with the terni.s: and provisions of the Prese,rvaLlan CoverharR. 1.2 110aintenance of Master Commpn Area Easement area. The Mauer } C-Dacume=nm and Seteiii slespie. '41 1i 5iL al SEifin s%Teniporary Internet 1'iJUs�OL K92? ReciprocalEa rrieni.USC3i6 LL I aiid 110AtAac Assoclatikm shall at all tim", at its sole Empense. maintain the Master Comrnon.Axea Easement Are in a cleat. clean" safe and attractive condition, 1.3 No lntcrference. Neither Master,A.,;stwiauon nor County shall permit :mn uses within the EasementAtea�, which mat�r.:ilIN, interfere with the quiet enjoynimt.of. and access i() and I -TOM, dn" Historical Site and/or tltc Nlasicr Common Area Loc. I_ Joint Use. ?.I Joint Use: Histtrrica] Site Jules_ The Master Association inernb- thereof. a ud Counru shall all be entitled 10 joint use of the Historical Site and the Historical Strucitii-es located thereon. n] I in acc'utdance `wilth the terms and provisions of (a) this Agreernena. N the rules and regnlat ions For the Joint ute of the HIl znrical Site (" Historical Site Rules-)- atiached hercLo as Exhibit IjD and incorporated herein by thii reference: and (c) the Prescrvation Covenant dricludinLI LheTt-;quirernent that County rnalte ffie Historical. Site open to [he. public oil a regular and con"nuoul, basis in response to public demand for said access, but in ne) ev nt less titan twelve (1 ) days per year- and as such other Omes by appointment to permit persons affiliated with educational or anizations, ,professional arel7itc-cttrral associrit3ort, and historical societies Lcl study the .Historical Structures. Arny.such pudic admission maybe subject torestrictions as reasonably designed for the protccl on and maintenance of the Historical Struc[trres. Such admission may also he �Nubjeci try a tea'sonablc fic. The 1-1i.gwrluxal Sile RuIEs, may tartly he amerided by the urtaQimnuw Written consent of all members of flit; Coordinating Committee. as defined below. rdinati112 coninli<ttee. County and the —Master Association .shall form a cort mitte.e c-Canrd inafirig ommittee" I which will. co i-dinate xnd discuss any iiSues which regLiir� the coordinz don or cooperation of ffie parties hereto; including but not lirniwd to, the sehedufinL, of e cnt4 and we of the # istoriCi Site, Such Conrdinating Committee will uampri ed of one member of each of County and the Master Association and shall he formed and govemed in accordance %vith the rules kInd Criteria established by its, members. Notwithstanding the above. the Cootdinatin Commitrtee shall have rte power to burden the Master Common Area Lot or Che homeowners wiffim the Tesoro del Valle Project in any mariner nor to bind any batty to any obligations. other than in accoi-daatce with the terns and provi.�ions of this Agreement. 2.3 Ki-mienance and Casts ofthe Historical Site, county shall at all tunes maintain the Historical Site and rill improve:rtterns thereon in a neat. clean. safe and sttractiye condition. 3. lay mem to County: budgets and Annual Reports. 3. ] The lvia�;ter Association shall pay to the County that poniw of the. Costs asstrciated with the maintenance and operation of the Historical Site and the Historical Structuves which are not covE-red by the LLAD, in the tnatiner described hicreinbelov_ Commencing the Inter of both (a) ninely (90) days after the last date of the month in which the iirsx escrow closir12 With In the Project occtjs se Laid f o r drat date that the rttcrproti e canter loGaied within the Historical Site 1� to use and operational and ii dilcumrkg operatin- expert; s (""Dues C.Ommencernem D'Ote"I, the Master Associatien shall pay to Coamy all initial ainount equal to Ten Dollars 610l ) per month per 5 t-=-%DacumeoLs and Sett inp\e.slri,-.PAR KS Lou a1 8ei filiQs1 T emporary Iwerracr FrteslOLK92\Reciprm-al ,i',emrrrt.()5C'iTf LLAD and HO.A Woc Pcojeci Unit das dcftii:d in the Declaration) which iw ;%uhjeci to and liable for- sse wssrnents iri accurdance with the Declarat on, which amount may be. changed [TOM tune ro ttme in accordance with Sectien 12 belo,.. but in no event shall eAceed a maximum of Ten Dollars 61 G) per month per Project Unit %vhich is subJect to and liable for asse,,,smerlts bi accordance �tli thy: Dcclaration ("Master Associatitin Dues LSajbsiidy"j. The initial nitin:tlilr° Master Association fixes Subsidy per Project Unit shall he hwed on the Proposed Fi.Ncak Fear 20030-00 4 Budget. Estimate included in the fiulal Engirteer':s Report for LLA DPsinct Flo, 4, Zone 76 Tiesorn Adobe Park (" Budgef"). a copy tat kvhich is attached hereto as Exhibit E and incorpornretl herein by this reference-, and shall ht= dc_termir r as fo1lc� s: (a) subtraetirt- the "total District ;have (as shown OR the Budget) from the Total Expense; (as showti on the Budget). (b) dividing the difference by the riutilber of Project Emit% wubar t I and liable Far assessrneitts in accordance with flip Declaration on the Dum Ct�mnli�tac merit Date. and (C) dividing thar aImount by twelve 412). 3.2 County dial l distribute to the plaster A,sstaciailon bar mail, no less than ninery (90) days before the becirrning of each fiscal year of County. a copy of the prtx forma c)peratirsg budget for the Historical -Site and a notice of a r qucst cif tiny increase or decrease in stir: M, aster Association Dues Subsidy. if appli file. to the f rnccoming Fiscal year Lased on the pro forma operating -budget. The pro forma operating budget shall be prepare consistently vw idl the prior fiscal year's operating (income) siate_Ment and shall incited_ 4a} an estarvate of all revenue but not fimited to, reve-nue derived frcrn the LLAD and from all adrnlssirsn and other fees obtained in connection with the opc�ration of the historical Site) and cxpen*es for the fortliconimi fiscal year, :find (b} adequate rescrves for coritin +encies and for deferred maintenance. repair. replan --meat or imprcivetr3ents tO the Hi:siorical Site and Historical Structures, In addition, an annual report shall be dislribtaed to the Master Association within One hundred twerityr (1 20) calendar days, after the close crf C ouny^`s .f2s l Year L!omistinc of. (a') n balance sheet as of the end of the fiscal years (h) an uClerating. (mconie) statement for the fiscal year-, (c) a staterne-nt of changes in financial position for [he fiscal year. (d any irrformatfort rtquired to be repc)rted tinder Callfornia Crirporalions Code s clion 8322. and ( e) a revieur )f the annual report for the Association prepare in accerdaac�_ 'With generally accepted acccountingprinciples by a licenst*e of the California State Board of.Accountwicy, The piaster Association 4hall have the right to review and approve each year. the pro forma operating budget acid annual report for the IIisiorical Site, described hereinabove- within thirty (30) tla}+s Of receipt thereof. in carder to determine whether the Master Association :Ewes Subside for the f mhcomiiig fiscal year is Fvrther, the Master.Assvciatlon's obligation to pay the masrer Association Dues ub�Lidy :Tall be contine-ent up011 its receipt Of the. pr0 fiarrrra op,�radrig budget and annual repan t=h year. as described herein. In the evEnl that the MasiterAssociatiori shall not approve such pro forma operating budder and annual report. the ?lesser ,A sociation shall gi%,e the County Witten notice of disapproval thereof. lout shall continUe 10 pay to the County the amount of the Mac ter A&,;o7clalFor; Dues Subsid-Y for the prier year until sash dispute is resolved; provi&-d, however, the Master Association -;halI c:ontiniae to Assess its rriernbers the amount of the Master Association Dues Subsidy included in the disputed pm forma €iperaiinrq budget and. rlt pending upon the resolt nori of the dispute, either t a l pay the difference of the amounts actual Iv paid 10 the County and the disputcd total M:i_ t(ur A sociatiorl Dues Subsidy we the Counly. or (b) refund the over -age to the TnEmN!r who paid it. as appropriate:. Ann dispute aM;ing rout of or in any waY relating. to the payment of the MasterAssacintio5 Dues SkibSidy or arn- rights and obligranons wtitnined wlihin the Rec: procal Easemem and Joint Use Aoreermmt shall he r4 �rvl red 5v iudicia,l reference or arbitration to accordance with Sections 18 and 19 of this AErrernent. The County herehy avree� Char sp Ion- as n :';l ccutiie,lrsanti Seatncs'espie.PARKSlL. of Seuitr sNTerripora-�� lwem�l FiItslOLK92 eciprucalEasement,0_5Oit'LLAD arbd HOA�.cicc the Master Msocjatior, is paying any dares to tine Counts'. all n:o}nies rep etvcd by t1i e C`otxnty for the purposes K}i rraarntenarice. reMir. itperatson and adm-rt, iSttr�n of tlae I'IrtitoiacaS Sate lzilC he exclusiveiv for sucmed h Pu poses lair the Historical Site, 4, fie aired lris>arasi<c _ 4,1 1�V�'l�MB11. C unty shall al A times maintain ur f'tril farce and effect comprehensivt-,.broad fcann. gcneral liability iTisurancethai +hall protectagainst claims wid hahility fur perSrmal injurydeath. andinT property diamage arising from the use and/or condition of the Hisk0rical Site, the improviernents ther�!nn. and/or art'v abuttinv ptbhc right-c}f-wi and it shall provide combined single liniit prutection of€tt least 011c milhari Dollai-s ( l.fl£N}.fkaD)perucctrrr`erice t ith a maxint= deductible of Twew -live Hundrv:d Dollani (S .5f?% Sa h insurance shall be ><rried Only with re poatsible in.�Uran a c:o mpa,rties licensed to dobusi�xess as dif rni .Cat ty shall deliver certificates penodically to the Glister ,9sociation that prowide a,videnace that such insurance has not lapsed Garb on materialiv changed and the same is and will remain in full force and effect rot at least ora+e (1) year froja the date of [be certificate, 2t bv�ing County's obligazion io erasure that the ;t,stet Association always has t--vi+dence rhat such recla_trred insurance' coverage is at all tittles in Force, and eifeetive. In lieu of commercial insurance, [lie Courity shall retain the right to pelf insure al C or all portion of its insurance obligatiuns herein_ 4_7 B.y the Master Association, Tiae C►�a�rer Ass;�ciaucart sha]]1 at all tunes axed at its sole cost and e)�,-pcnse maintain ira full force and effec, comprehensive., broad form, general liabibly insurance that shall prmcct agairtsl claims and liability for personal injury. death. and/or pvoperry char- age arising From the use: andjor rendition of the Masler Coinrnon Area l asement,4rea. the improvemrTiLs thereon. anchor any ai,utiing pubfie right-of-w°av, and it shall pro�•ide c�ambii7t_�.d -single limit protection of at least tie MiIIion DolIars 1' 1.000,000) per occurrence with a maximum deductible of Twenty-five Hundred Dollars ($ ,500. ), Such insurance shall be carried only with responsible i asurarice companiti:s licensed to do business in California. The Master Assoclaiiori shall deliver cert%r^acates periodically to County that provide evidence that such insurance has not iapsed Or been rnaateriA y changed and tht= Larne is ud wFi I retrials irr full force and effect for at least one. (1 l vcar from thedateof the c,::nj ac:ate. 'it being- thr, Master Association's obligatlrrri to eiisure that Couniy alway,% has evidence that Stich required Mszuratrce CDvera-e is m ;all time,, in Puree and effective. 5- Indernraificadon, Ench (If the Pard e-s hereto hereby iindernnifies and agrees to forever save and bold harmless the tither Parties hereto,.. and ilicirrespective officer;. agents and cmployees from and against any and all damages. elairn.s., losses. dernands, casts, expenses I including reasonable attorneys' fees acid casts), nbli2atiohs, liens, lizibilities. trtatiom, and causes of action. ffireatened or actual, which such other Party or Parties may suffer or incur arising direrdy or rnelirectly with respect to any Party',s obligations, pursuant to this Agreement. 6. Defaults. Rernedies. lf=y Pam herew s hat I be in breach or deftluh of its covennnt,s or -vbligaitions under. this Agreement. then pnor to exercising any right or remedy in ci;anrtection there ith. the nondefaultirog Rang shall notify elic dcf L. lajng iarty of the occurt-eTice of such btrach or Ofault. describing the pariiculars thert'of, and shall demand that the same be fully cured within tMay° (30) days after receipt of such notice.. If. Lhereafier. such breaeh or default is not No [idly r. C: \Do cumem,s and eiiltles'Cspie.PAR KS1Local Sett€ng!fTemporsry Internei File, {O.Y,;)3lpeci.procalEs;sL!rtiertt_1)5C_� if CLAD and HOA j,doe cured, then the nandef-auhing Pany may exercise such rights and remedies available tc it at lau, in equity ancllar hereunder including. by way of example onl specific performance artd compensation for MY dag, age caused by such breach or default. 7, Rights his Cumulative. No Implied 'aivct—x_ Bch of the rights and remedies availabic hereunder. at Gain nc in equity are cumulative, and the exert ise by any such Party heretc) of one or more of.such rights or remedies shall nest preclude siuch Pany''s exerciwe.at diesam-etimc ter different times. of any other right or remn !d' fair the :wine or any other breach car defatili by the cLhciTiny. No Waiver of a:3V right, remedy. bread. default or other provision hereof shrill be implied. and anvsuch waiver -shall be effective ont y if irr &Titing and signed by the Parry to be charged with such W"liver_ No walver of any bre-ach of any pro vilsion hereof shall be deerned a waiver of any NjAk-equent breach Whether of the same or aitcither provision hereof. . Time of the Essence- C€ nstrupLion, Time is of the essence of each and evr.Ty prop i iort hereof, Use of the neuter shall include the masculirte acid fminine. the singular shah include the plural, and vice vers 9. Nati s_ Any notice.. demand cr other communic .lion which any Pasty may be required or may wish Lo give to another Party hall he i.n uTidng amd shall be addmr ;Sed to said other Part- at the address listed Any such notice so addressed shall he deemed delivered upon receipt if delivered personally or by eerier serVice or on the third (3rd) business day after depes-it into -the U.S. snail if sent h3� certified snail. pastage prepaid, re€torn receipt requested. If any Pa ty fishes to Ctange t_� address for the receipt rof any notice hernnde> <. then such avvmer shall notify the tidier owner of such address change in accordant with the previsions of this Section. If to Montalvo Pro erdes I I C: Momalvo Properties UC 3600 Birch Situ~: t. Suite 100 Newport Beach, California 92660 Fax: (94 ) 96-3-9010 Attention: Tim Collins &John Evam with a copy to' Leven & Seligman 1900 Avenue nue of the Stars i'i, Floor Los Angeles. California 90067 Fax- (310) 4-3- 353 Attention. Cary E. Leven, Eq. If to SanCallTesorm: unC'al 'e-soro. LLC 5109 E_ La Palma Aveime Suite Li Anah6m. California 92807 Q C-Doc ijiiejw, and Set, I sg*�4spiL�_PARKSq m l Sell Internet Fi ll ,;� Oil.K92' ReciprDealEas,,,mL iit_P3CI If LLAD and I IOA o.doc FLXx (949) 93-6731 Attention: Mice Elieff with a copy to SunC di7esora. LTC" 11601 Devonshire Blvd,. Suite 116 Chatswonh.. aliforni:� 91311 Fax: (1 8) 7 i2-1U67 Attention: Frar►i- Faye and Bob Bargain and - Foss, Cook Thel LLP 5 Dove Sircet Suite 450 Newport Beach, California 92660 Fax. (94 ) 720-1508 Attention: Bruce V. Cool, Esq, 11' to counw, Los Angeles Courity Departmcnt of Parks and Recreation 455 South Vermont Avenue Los Angeles, CA 9W2O Attention- Tim Gallagher, Director with a cbpy to: If to Master Association` Tesoro del Valle Master Homeowners Association cla Merit PT-OI)ertY MartaAement. Inn. 25910. Aee-r o Street, 0200 W;sion Viejo, CA 92691 Attentim- Kathy Zechrricisier 10. Entire Agreement. This ,Agreement. top -ether with iheExhibits auatched hereto and forrnin� a part hereof, constitutes the entire agreement am ang,, they Panics with respect Lo the matter covered herein and per -,des any prior ngotiatim. understandings or agreements with respect to the matters contemplated hereby. 11. Exhibit4 lrxcoTporated, Each of the ExhihiLli attached hereto are incorporatedherein and made a parE of this Aipree mcnr_ I?. Amenrlrnentti, V,raivers in Writing. This; Aoreeaneni rna►„� nett he anierttied or altered 7 C-= Docwrrmis and Seuln �espk-PARKS1Locai SettirtgslTE!mpnmry Internet ife C]�f lf2c�� �'c ca3 sernenk_t {�t MAD 2ind HO Ooc excepel by a uTitten instrument signed by each Of the then-ovwTlers offee title to the l-lisiofical Site and the MastP-r Common Area Lot: I . Sevverabilit . Should MY tern.. part. portion or provision of rhis Agreennent or an'4 application hereof to ony per"on or eircutnstarice: he held to be illegal, in vn Iid or in contiiet kvith anv appli bl= law. mate or rcgulatiear. there the= validity of the: rerna' 'ng terms, parts, portions and provisions hereof and thc4applicallon hercc)f to other persons ear circumstances shall bz cleecne d sevcrable-. and the s�me shall remain enforcejahle and valid to the fullest exi,-at permined by law- 14, Covellants Rain tirtg with the Land. 'rhe Panie-s h�--reto do Hereby agree to the provislorj� hereot on its okl,,n behalf and on behalf ofthe subsegta t owners of the Histoncal Site and tleu Master Common i7t% Lot, it being intended thz this Agreerrmpn[ and its provis ons shah naa +with the land, shall he binding upotl, and shall inure to the benefit of the Parties hereto wid each such stibsNUMt tt)Nner OF the H i-sLorica] Site and the Master Common Aria Lot- 15, Countemart, This A grceme nl may be eMxecutM in c ountcrparts. each of which shall be an odg mall, but all of which Iogezther shall .ons,titute one and the sane agmeetr nt. 16. Judicial Reference. Any dispute arising out. of or in any waNr relating to this Ag e:menz shall be resol►i�ed by judicial re-f ence or a-,b ratiati. as described in 5e}e~Eimi 17 below. The same hall be governed by and be conducted in ac cordartce with California Code of Vivid Procedure Seclions 638 through 645.1 (aN amended from time to tune) ak" well a tire} following provisions: 16.1 Thi'-proceeding shall bevkougl tandhesld in the'Courlty is which the ProTectis located tactless the: parties agree to ati alternate venues_ The parties shall use they proc cdures adopted by the Judicial Arbitration and. Mediation Sm,ice. fac.lEndispute r"jAN. -LS"i for iudicial ref�!rerree and selection of a referee, 16.2 The; parties steal I agree upon a single referee whe shall have the. Power to try, arty anal, all of the issues raised (whether of tact or of Law) which may be pertinem to the niatters in dispute and to ftiw-Lie a statement of decision thereon to the cirtun Any dispute regarding the selection, ofLhe referee shall be resolved byJAMS. Th.. referee shall he authoTi'zed to ptovidte all remedies nvlilable in law or equity appropnaie under 'be circu tanc es other than punitive damages and the referee may rec]uij'e one car mare pre -hearing confe;rerice s. Th parties shAl promptly and diligently cooperate with each oiber and the referee and perform such acts as mas, be necessary fear an e,xped tious resolution of the dispute, 16.3 The parties shall be entitled to discover+.•' and the referee; shall oversees discovery and rnav enforce all discovery orders in tine same rncmrter as any trial court judge:. A stenographic record of the iThd shall be made. provitit:d that the record shall rvrn:iin confidential except as may be necessary for posi-hr.aTinE mmIom ;arid appe Ahi if any, The referee shall have the aiiihority io TuIe on al I post -hearing rnotitreis in the same maiiner as a trig] judge- 16A They referee`,, slratement of dcc:isiore shall contain findings of fact and conclusions of law to the extc nt applicable;- Said statement of decision upon all of the issues considered by flit repo-ret Shall he binding t pern tyre parties and- upon filing of the sulletr ent of C--�DL}cnriicriu� and SeTtinEs'wspie.PARK'kLw.al SettingslTemporary 1nternce File\OLK92%Rt:ceprc),�;xlEase:mcni.OiCiiIf L.LAD and H A7.doti decisi zt with The clerk of the court or With the judge where tlii*re ij, no clerk. iatjgmeiit may he emered (hereon. The decision t�,f the refers s-hall be appealoble- 17. Arb itraiioTi- Any dispute arIsirig out of or Tn anyy n', relating to this AgreemenL shtalI be resolved by judIcNil reference. as described in Section l; abo-ve. or - rbiTranon. as described 1ie.r6nbelow, If a,ucjj partr%s elect to utiiTze arbitration To Setif or r%olye, such claim car &,pure, -die a the arbitrmiion she l be conducted bi accordance with the fvllowiq plavisims= 17.1 The claimant shall be rl�sptaMSiblc fot� paVingr the i1liti.ril fees and vests, The arbiTrator(s) slrall ttltirnaTely deLerrriine. however. which of the parties sha.il be liable for .some or all of the costs and fees of the arbitratitiri including the initial acid ongoing fees. aild costa. 17.2 The; arbitrailon shall be administered by a n+e ral and impartial peen (the "uilmmistrator") ' eEiorted by the party respOr�sibie for advancing the mitial fees and costs pursuant herew- 17-3 Cane { 1 l Or more (but 130 more than Lhree. (3) aeutraI and impartial individuals shall serve as arbhratortsl, aTid they shall be selel,:ted and appointed by mutual agreemr _- t: of the PM-11C:S %with nzjjx (60) &vs from the date of the admirtiKttatur's receif)t r f a written requcv i from a party to -arbitrate the claim of dispute. In selecting the arbitrator(s) and thth admintsirator, the provi%ions of Cali forma Cade rrf Cavil Prveedure Sec eion i 2971 14 as amended from time to time? shall of ply. An arbiitratcrr or an adrnmi-:ctra;tor may he challenged For any of the g oLmds listed therein Or in C'GH(mZia Code Lst` CiT'ff Pr redure 5eej c)n 1297,124{as amended from tinie to rime). 17.E The vemle of the arbitration shall be wit iin the County ut-tless ncc parties agree iti fiOMP_ ether IOcation, 17.5 The arbitration shall be conducted iu accordance with Lhe Mules wid Rcgulaticm� of JANIS. 17.6 The arbitration shall commence and be concluded promptly and timely in accordance with the miles applicabi+c thereto, bur if said rules do not spccify, and the parties e3uiot otherwise agree upon —a corrtmenccrr enj daze, then the aTbiirawr(s i shall fig the sa-mi-_. 17.7 The arbitrators} shall have the authority to provide for all recognized rerncdies available at Ian+ iri equily and hereunder for any cause of actlon which is the basis of the arbitration. The arbitrator{ ;i ;1ta11. hawever, base any award and/or final decision on the Lem. is and provisions of this Agxement, if applicable, and in any event they shall endeavor to fohow the law and judicial precedent which a Uriize+d Stater District ludg� sitting in the Cmtral District of California would apply if the dispute or claim was being lit-igated in suchcourt, provided- however, that nothing i_-Ontairied herein shall be decined to enlarge the grounds for vacating arbitral awards evert if. despite such endeavors, the arbitrator( s ) fail Lo ct}rrZctli' follow+ applicable law- 17.8 The parties shall have the right to discovery to accordance with Cahji)rnia Code q1' Civi? Procedure Sech)n 1283.05 (as a mended from time. To Time). 9 C: ncumems and Sittir)gsliespie.PARK-S51:= I SeninP-s\Temptarary lnterTiei Files4OLK92eciprocalEaseineni-05C(if LLAD and HOA).doc IN WITNESS WHEREOF, the Panies herv.o have caused tilis, Agreemr ,nt u) be exeruted b its duly authorized ofl iceri sj, agents(s) or- rcpresenwive(,�) as of Lhe date first %kTitten above. DATED: MONTA.I_VD PROPERTIES LLC, a Califomla l rrmited fiahii ty company M. Name: Jo:�eph D, Clougherty Title: Mamging Member Name: Bernard J. Clougheny Title: Managing . enibe-r DATED: `County" By: Name: Title: 10 C'4.T34rcuments-zind Settirs s'',e. ieePAl S tea] eaingsVrernporwy Internet Fikes\Ol-K.9!%Reciprm,tiEv sement.05C(if LLAD and HbAl:dic DATED: SUNCAL / TESORO, LLC. a Delaware 11mitEd liability company DATED: By: SC .Acquisitions. Inc— a California corporation member By. Name: Its: By: LB 1 Lakeside Capital Partners. LLC_ a Delaware limited liability Company, Member By: Name: Ifs: "Master As sociatiuif' Tesoro del Valle Masiex Horn6ownerq Association. a California nonprofit mmuni benefit m-poration By. Title; a Y: Title: Exhibit,,: A, Description of Historical Site B, Depiction of Master Copt mmi Area Easement Area C: Depiction of Historical Site Easement Area D: Historical Site Rules E: Budaet 11 CA)ccumenr,, and Scum­g,��V['C°mpuvary ]ntemel l'ilt.sOLK.�)2�Re-ciproc,a[L-isement.05C(ii'LLAD znJ HOA i.doc STATE OF CALIFORNIA ss. COUNTY O (ail . hefnre me. the Lindens IR red, a Nowy Public in and for s lid Mate. Personally appeared , peTsarialIyr kiii -a to ME (car proved 10 me on rh,e basis of.satisfactory evidence) Lu be the persons) Who-ge nsnie(s) is/are subscribed to the within imirumem. and acknowledged to the that he1'shelthey executed the :;ame iri hislherltheir authorized capncity(ies), and that by hislhfritli�:ir sjgnatures on the irrstrurrtent Lhe per:;on(s). or the entity upon behalf of which the person(s) acted, e-xecuted the instrument. WITNESS nw hand and official eat. Notary Pubiic in and for said Mate STATE OF CAI _ C FO R' LA. COUNTY OF n , before me, the w3dersig aed, a Notary Public in and for said tflt , persa RliyF np ieare[i . p Onal Iv known to rite (or proved to me on the bash, cif satisfacto y evidence) tct.be the person (s) whrise name ) iVare subscribed to the within iri5truMr -'nt, and acl;nmvledg,ed to me that helshelthey exec LjEed the same in his/her/their authorized capacitrri ies}, and that br -- his/her-Aheir signatures on the instrument the Personas). or the entitu upOlt behalf of which the Person(s) acted. executed the iras omen. '%VITNESS my hand and official seal, Notary Public in and for said State 12 C-Oncuni ntq and SettingAespie.P'ARKS' Local Selfin.gffernpomFy Hemet Files1OL ' 2%R ciprocai �iemenr,{)5Ciif LLAD and HOA).dnc St1BO12D)!]VATION BY LENDER The uncle rsigned ("IAnder") is 01ecurrem 0wnerofand benef2cian' under that certain deed of trust dated (the "Blanket Trust Deed-), made by � as trustor to . as trustee. than was recorded in the Official Recorck of Loi Angeles ounry. California, ate as ir�strttm"I No. � and creates a iicii against the Fill in piaster Common Area L-ot or Historical Site, as appropriatel. Lender clues hereby. (] � consent to (:ach and all of the provisions contained in the foregoin Agreement to which this pace is appended and of which this pale is ri patt ttngerher wad all amendments, MOdificationS. supplements atld replacements thereof` or Lhertglo whether now or hereafter madc. collectively, the "Agrwent"}; (?) agree that the lien and charge of the Blankv Truss Deed shall bc. and is hereh}- made. w'bject. subordinate. and janior. in all respects. to the Agrecjn�,-nt, which shall be remaia at all times unconditionally prior and superior to the lien and charge of the Lilanket Truss Deed: zn€l (3) atInourledge and agree that rise Blanket Trust Deed and the instruMoll Q � r ejr i dencing the obi ic alions secured thereby sba]1 ire appropriately marked arld endorsed ci to reflect the subordination effected hereby. Execmed by the duiv authorizad agent(s), eff ceT(s) or representative(s) of Under a� of the date first writteri above, 13 t Doctirnents and Seuinzslespie.PARK lLacal SetcinpATemporrin: lmernve ikes Cll t �pracallvas tens. C if L.LAD and HOA'a_dnc EXMIBIT "A" Description of Historical Site Lot 5 of bract 1 -J in the County of Los Stale f California, as per map re:nrded in Book 127,1, Yak 7 through 16. in6usive„ ofMisceltan,eaus Records (Maps) in the Cuff-ic,', (if the tvouniv Recorder of said Counct .. 14 CADk uments-wid Settings%espic.P RKStLocal Seainp\Teniporary in«rntt Fife lC }1R �prc s as m nt.C) C"iit LLAD and HOA),doc EXHIBIT "B" Depiction of Master Common Area Easement Area 15 C:\Documents and Settings\parkj.PARKS\Local Settings\Temporary Internet Piles\OLK21\TesoroReeiprocalEasement.sent by County. 4-25-05.002C15-18.doc f EXHIBIT 71B" MASTER COMMON AREA EASEMENT AREA 84 D RECIPROCAL EASEMENTS FOR PARKING AND VEHICULAR AND C PEDESTRIAN INGRESS AND EGRESS PURPOSES FOR THE BENEFIT OF LOT 5 OF TRACT NO. 51644-05. SCALE 1" = 150' DATE: 5-7-03 W.O. 5093-23-04 LOT 6 OF TRACT NO. 51644-05 Z M.B. 1273-7-16 O �O (�K X: \SURVEY\51644\EXHIBITS\DWG\HISTORCAL SITE EASEMENT EXH B.DWG EXHIBIT "C" Depiction of Historical Site Easement Area 16 C:\Documents and Settings\parkj.PARKS\Local Settings\Temporary Internet Files\OLK21\TesoroReciproealEasement.sent by County. 4-25-05.002CI5-18.doc EXHIBIT "C" RECIPROCAL EASEMENTS FOR PARKING AND VEHICULAR AND PEDESTRIAN INGRESS AND EGRESS PURPOSES %,Q A a • s s,76 0, R SCALE 1" = 100' DATE: 5- 7- 03 W.O. 5093-23-04 LF` O ..9 TFS \ O RECIPROCAL. EASEMENTS FOR PARKING AND VEHICULAR AND PEDESTRIAN INGRESS AND EGRESS PURPOSES FOR THE BENEFIT OF LOT 6 OF TRACT NO. 51644-05. X_\SURVEY\51644\EXHIBITS\DWG\HISTORCAL SITE EASEMENT EXH C.DWG LXi BIT 6*Dl* flistori"I Site Rules 1. The Coantv-shall opermc and maintain the Mirorical Site in :a mamler.appropriale Ica public site [hot is located v-,ithin a residential neighbor -hood and acl aeem to a iecrc�atir5r�3i faeility. ''ITae County shall iw1her operate and mainiairi the Historical Site in accoi-dance with the Presm,ation Co- enact. including but not 13rliled to. keeping the Historical Site opera t{, tkie! pUT arc nri a regular Er a u] coniinrao s hasin response; to public dL27jaiid for siiid access, but in no fweiit less lh-au ivrkAve (I?-) days per year. and ai 5L1rt1 i Hier tianic< ltv appoiinttrient to hermit persons affiliated with educational organizations. professiolarrl arch itr-ctucal rassociatioQs and hsstoricaI socitLies to stude' the Historical Structures_ Anv such public admission may he subjecE. to restrictioris as rea nabl} designed For the protection and maimeriance e� the Historical Irractures_ Such admiissiori may also he subjec E 1 o a reasonable tee. as determined by the County: provided, however. That such admission fee �ha] 1 be: waived For rnerrmbers Of Lhe Mas[er Association {" Hoaneowners" ). These Hisioncal Situ ule.s are intended io be evolutionary to facilitate a higfn level of maintenance and preservation of 0 unique historic resource. 2. The County. iri consu l[atiOn with the Coordinating Conunlitee„hall be responsible tt1 prepam and munitorr zm ai>ttanual master calcndx- and to locate* and assign equitable use of LhE ft-roriwcal Site h,Y the Masier Association and the public. hicluding but ijot I roiled to. educational and eulrural insiitutions, filming compnnies :trrd private parties. in the event of canflicts prier ro the :actual. booking f au event. the fallowing uses .shall have tMt- following prion.l - Ehe into*.rpnetO c center shall be opera to the general pub] is on the first Saturdziy of every rondo, between 10:00 a.rn- - 5,00 p.m. rind this irse shall havtc first priority duriirg this period of Lime. The Masw Ass€xcifttion and IIomeowners shall have Tint pl-IonIy for use d.urin0th r Peru Omof the week&ids-. the WiIIinm S. Hart Lhiioo Rigln School District shill havsecond priority for use duffing other pxtlori� of the we, lice nds. but shall have first priority for use durum [lie week far educational programs. and other }list ricallcvlturalevents shall haivc third priority, 3, The.C(�=ty. in c onsult'atiorn with the oordinating Committee, all Lab fish a Iist of other acceptable .-2ld �'umpatible uses and specify the_ days. limitations and tunes when appi-opr ate, such as: Cultural Evcnl--Music:. Recitals. Leeturn-, Etc„ Fundraising Evr ats, Educational Classes otus; Celehrations-Rec, ptions- Pinies, Etc.; cnm"nercial eMures-tvlovic: Produr:taon. All persons or waratities that shall be. a]Iowed to use the blisEmlcaI Site. ("users.,) shall be su'biect Lei the tm-ms anti PTOVisicnins of tine Historical Site Rules. 4. In :scheduI] ap, and establishing use rif the. Historical Site. the Ccsainly. in consultation with the CuGrdinming Conmiiaee. shall take reasonable measurts to ensure ihai disturbances to the. Homeowners are. mirnirnizt!d, This includes. but is Tacit limited aaa, placim2 restrictions anchor hm-1ixion-s on inoise. trifle, IiouTs of operaiiov, ambient light a -ad parkinZ. 5. Occupancy Limits will he established for each specifiic use. such a�- Main Ranch Howe viewing liraiie-d it) thirty i30'l people_ Occupancy of all other areas of ih- HisLo iczj Site shall be limited to the at,iourni a]lowed in accordance with the local municipal codes_ e,- All chifdren niust be at:companl ed by an aduIi ni a I i tunes. CAD and Soh i ngsiespie.PARK 'LocaI Seuings17'i�mpormr ' Intemet Filt ,�EOLI 9`�1ReciprDcaJEasenienL-o CI if ILAD and TIOA'0o 7 A reasanahIe RtmlaI Fee. C16an-up Fee_ C.ocrrdMatiOnJOperati0na] Fee and Security Depn ilI shatI he chargedi for wt ,- of the 1fiSIGN Cal Site 10 thV amounts to be. dt.icr line{ folla�t se a. The Master .Assoelai_ion and the Homeowners �tiall e cxerri�rt from pa�'nlert of tli� mental Fee, b. The Count shall lie -entitled to a waiver of Lhc Rental FeL. ftrr tvAFO e� ent4 per year. e. All fees may he waived for intci-pretativeledu all'onal uses. In addition to t1ie above. a fee maybe ctiarr ed for sigecial security Rrrd/or valet park. in, to tnicicoatc park- inzo= confHcts, if it is delerml n �!d by the Coung+ that such fees ire recess irv. All Sees will he reviewed aTinually and revised. if appropriate. S. prior to the rental of the Historical S ite- by any User, such l: ser shad be required to re a€i and appToveart writing, the regulations and restxictiorts for use of the Historiu al Site. incluft6 but not liraitl to: ` a. li mits and restrictions for noise abateortent (i.e_ use of amplified music andltnr public a€itlr s systemsl, tF.JfjjC, 110urS of aperation:and ambient light, h. clean-up regu rernimt5. including but riot limited to, removal of all trash ,c_ Security° and Safety lnstmctions, the prehibitian of use or enin- onto the property of the MascerAssocianoii and the HOrrtco hers, d. The hours of operation of the -Historical Site shall hggin no earlier than 10.f1UPM and shall end no laier titan i 1=li } PM on Friday and 5arurday and 9:30 PM on Sunday — Thursday; e- (.)se of caterers from list approved by [he County. f. Qthcr roles of conduct. . Obtaining parking permits for the User's guests: 9; Certificates Of Insurance anti additional insured endorsements rrtav be rr-quirc-d by certain Usen iiti an aMottrtt t)f coverage to be determined by the C'ounty. In addition, each User shall be required to execute an indemnification agr,cerroent indemnifying and holding harmless the CoLmty and. the ]Aaster Association from and : gairist any -anti all damaaes; Ulairr�s, josses, demands. casts. eXpenses (416udinn rcaasunabk attornew' fees and costs). utrli galioros. I ierks, liabilities. ac tions artd cause:, of action. threatcned or acru-id. which arise direcdy or indirectly with respect to such User's use of the Himr ca:l Site. 10, There droll be no ovemighl parking wilifin die HistoricaI Site or thu MI aster CarttmDn Area. Laselnen° Area, H. Any operation. use and/or repair of the historical Structures niust be i:onslm nt with the reguirernent ti, preserve tl�eirhistorir:al �haractet: No pertr�rtt�+�nt t'han�es or atls+eraltt:rati�aris olthe hfstoric:aJ Structures may he made unless in i c:unfomi nce with the Secretary cal' the 1mL-'Ws Standards for J ehabilitatiOTJ_ 1s C"SLra LIMCF)isRT1d SeltIn Aespie. PARK SiLocaI SeaingNTErli pnrafnl Imorw;l t=ill*si L_K `?! i rn alF.xts itt nt;i '(it LLAD and F OAj.dcc EX MI i "E" Budget 19 :1Dacumenxs and et[inos\e5P e-PAR SIL(. ,cal SeubngslTcmporai)� ]n4mel EalesiOL 92\RecipracalEasemen1.05C(if LLAD an HOA}-doc SOARQ OF SUPERVISORS 71p,+ 353M 147I1t& OFFICIAL COPY COL'N'TY OF i-OS ALNGELES REQUEST FOR APPFlOPRIATJON ADJUSTMENT too. ' 600 Yet DEPARTMENT QF Parks And kecrg�ation Fef�rssary 2XW 2005 AvDi TP R-CO NT ROISLE R -rHE FOLL6wING APFROPWATMN AWL]STµENT- iS D€r_MrT3 NECE.55ARY by 7-HIS OLPARTMENJ rLL Y$aC]R -YOU PLEAE RCr AS T(7 AL`CQLl h{Tf{*! ALYGI AVA�zA$L�E L3AFiA.hLC �a A�lQ FORWARD Yf] THE CKfEF d. Li F7Llw hl_4T r;q T�L' 0FFICEF2 Fa3#i LiiS- ti'ECC#'1 ME ESv f7,STlc9'9 C}R ACTION JILDJUSTIMENT REQUESMD AND REASONS THEREFOR FINANCIAL SouRC : Tesoro AdCbe ,Special F`unc Revenue: Operating ^ararisfer in CAS - PK - 40530 - 9= 6 } e j I[ C $11, C a . 00 Increase Revenue Tesoro Adobe special Fund RevLt,nue : Reimbursement of Expense - EM CAI - PK - 40530 - 9,846 $41 r COO— W Increase Re; eni)e 'Pesaro Ai3pbe Sper_ial Fund Revenue: Donations CAI - FK - 40530 - 9686 $85,000.00 Increase Revenue FINANCTAL USES- Tesoro Adobe Special Fund Services & supplies CAS -EAR -- 40530 - 20DO $I37,00O.00 lnCreaLse Appropriation JUSTMCATIM: To establish and ,provide appropriation for the operation and Maintenance of the park. REFERACD TO TP19 CKIEr ACTION AvMLHLSTRATNE OFFLCIM MR— f/ y R9G0MMENL3ATI0N AL1 MITOR-r-ONTROLLER No- , 53 Ld. 60 - Z.I._ A 4 -a,, C) F L ra -rr-L "e, J�,r Q r A,PP OVFG AS RE UE5TEH A3 FiEVISF-D CH F'Fi4L7 O*T 7f+vr @fFl CR A.P'PRCi:V�CF i A.6 Rryi rocip) r 19 00AM0 CIN SUPER11 ORS ex M bA'rhrijgrr' t- T"or* kdobp Psrk "eded Annaiatl UPerat N ExDenses and Revanue Fiscal Year 20CLS 24C :2 2000-OQ Mg-1 rvfp, 01 Aasesmble Ei}Us �LLAt)) Assn5sm"i P41 F;VU 131 Ag5essablo Property unis 927 S 57 M 707 12W S 59.OG S 3} 1.4Cllj a31.016 t.l;rJC` 1.575 5 6;.20 1,077 1,791 6541 1,4:a 1 7qi S $7.70 1.153 1.791 70-4j7No- t,1S2 OMratifM FteQulrOMEPnts S?Ir eb Emiovrse Baamms Spry s '0, SacpLIies LLAD Re5enre UAD Adrrm5trabon Total Gips Ung Requ110tnarns Financlntil SdurceS LL4p iPriur Fear End Reserve LLAD Benefit Assassa en Vaster Aa5 dTjOi` Pat?nsn'S Or*-Tume ClDnration 1nlereV ReAlal aNd AOmissian Fees Total Rmancing Sources PrOjM@d Mt County C DSt Requlmd Ave"& Nat M.Yurity Ceet 41.OLC9O ts?.DW 771-t i75:9O0 179.OGQ 5�='i.t}y.� 1'89.WD 28.0W 108.000 110,M0 1 v 4.QW 117,OGC E22Mz! 125.o 11i 22 S 30-000 5 38.OM S 42;WC I 44,C S 5!.IJW S 53,0m 1 t,DOO 27,000 31.446 3M.O i£1 .37.000 39.CC(1 4a;,0pp 5 100.0 * S 33 WO 5 3dg,000 3s5,Ct49 S 382.O+ D 5 3?aa.D+ O 5 bCr7- Wo 5 3,S4C S 9i,CM 5 SUM 42,DKI S 49.0m S F�1.009 S 53,004 $ 71,C (3 S 8,S.Of>3$ -ppfl S 117,00 5 .2i,coo 5 125-CH6O 21,OGC :GH.G 7211,L}pQ 12'4-000 129.000 `32.00ij 133,Ob47 85-OM 3,t?f}0 2,,OCO 2.000 2.00G ZQGC 3-GOC 3-I}D0 ,04C 2,+7t)U 3.0130 3-Qw 3.{j u 3.000 S 162'02D S-2717GO S 239:COO S 269,DDO 5 293.DGO S 314.CCG $ 320-000 SS w'29-" 1 -t-rob 3 101OX S KODO S 80,900 $ 61.(W 5 97WO rOOV ,4ssu.rnes t OOMy takers Mrze:srt,P of remark as Pr M.rrrcrl 2M ASMO P� CPO of 3.5 pere--or gw4ed ra &%pdnses and bcAgrF2 assessrreerrr