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HomeMy WebLinkAboutC-5454 - Civic Center Concession Agreement - 1000 Avocado (Inside Library)RECORDING REQUESTED AND WHEN RECORDED RETURN TO: CITY OF NEWPORT BEACH Attn: City Clerk's Office 100 Civic Center Drive P.O. Box: 1768 Newport Beach, CA 92660 WITH A COPY TO: FOOD MASTERS, INC. 270 Bristol Street, Suite 114 Costa Mesa, CA 92626 Recorded in Offcial Records, Orange County Hugh Nguyen, Clerk -Recorder (II II I I 11I (I I Ili I I pl1 1 1 1111111I 11 II NO FEE *$ R 0 0 0 9 0 5 2 9 2 0$* 2017000056527 12:12 pm 02108117 47 NC-5 A17 8 0.00 0.00 0.00 0.00 21.00 0.00 0.00 0.00. [Exempt from Recordation Fee --Govt. Code § 27383] FIRST AMENDMENT TO CONCESSION AGREEMENT This FIRST AMENDMENT TO CONCESSIO AGREEMENT ("First Amendment") is made and entered into this E` day of D r, 24Th1("Effective Date"), by and between the City of Newport Beach, a Califomia municipal corporation and charter city ("City") and Food Masters, Inc., a California corporation ("Concessionaire"). City and Concessionaire may be individually referred to herein as a "Party," and collectively referred to herein as the "Parties." RECITALS A. On July 11, 2013, the City entered into that certain Concession Agreement with 24 Carrots, LLC, a Califomia limited liability corporation, conceming the seven hundred fifty-seven (757) square foot concession facility located at 1000 Avocado Avenue, Newport Beach, California 92660, which is depicted on Exhibit "A" attached hereto and incorporated by reference ("Premises"), that was recorded on July 17, 2013 as Instrument No. 2013000429412 in the Official Records of Orange County ("Agreement"); B. On August 8, 2016, City, 24 Carrots, LLC and Concessionaire entered into an Assignment and Assumption of Concession Agreement and Consent, that was recorded on August 10, 2016 as Instrument No. 2016000377357 ("Assignment"); and C. City and Concessionaire now desire to enter into this First Amendment to the Agreement to reflect new terms and conditions as provided below. RECORDING REQUESTED AND WHEN RECORDED RETURN TO: CITY OF NEWPORT BEACH Attn: City Clerk's Office 100 Civic Center Drive P.O. Box: 1768 Newport Beach, CA 92660 WITH A COPY TO: FOOD MASTERS, INC. 270 Bristol Street, Suite 114 Costa Mesa, CA 92626 [Exempt from Recordation Fee — Govt. Code § 27383] FIRST AMENDMENT TO CONCESSION AGREEMENT This FIRST AMENDMENT TO CONCESSIOG AGGRRE NT ("First Amendment") is made and entered into this irk day of y , ' ("Effective Date"), by and between the City of Newport Beach, a Califomia municipal corporation and charter city ("City") and Food Masters, Inc., a California corporation ("Concessionaire"). City and Concessionaire may be individually referred to herein as a "Party," and collectively referred to herein as the "Parties." RECITALS A. On July 11, 2013, the City entered into that certain Concession Agreement with 24 Carrots, LLC, a California limited liability corporation, concerning the seven hundred fifty-seven (757) square foot concession facility located at 1000 Avocado Avenue, Newport Beach, California 92660, which is depicted on Exhibit "A" attached hereto and incorporated by reference ("Premises"), that was recorded on July 17, 2013 as Instrument No. 2013000429412 in the Official Records of Orange County ("Agreement"); B. On August 8, 2016, City, 24 Carrots, LLC and Concessionaire entered into an Assignment and Assumption of Concession Agreement and Consent, that was recorded on August 10, 2016 as Instrument No. 2016000377357 ("Assignment"); and C. City and Concessionaire now desire to enter into this First Amendment to the Agreement to reflect new terms and conditions as provided below. NOW, THEREFORE, City and Concessionaire mutually agree as follows: 1. Article 4.2 is hereby amended in its entirety and replaced with the following: 4.2 Base Rent. Concessionaire shall pay Base Rent in the amount of Twenty Seven Thousand Seven Hundred Eighty Three Dollars and 00/100($27,783.00) per year. Base Rent shall be paid, in advance, in equal monthly installments on the first day of each month (e.g., Two Thousand Three Hundred Fifteen Dollars and 25/100 ($2,315.25) per month). Base Rent for any partial month shall be prorated in accordance with the actual number of days in that month and shall be due on the first day of that month that falls within the Term. On July 11, 2017 and upon each successive anniversary date of the Effective Date of the Agreement, the Base Rent may be adjusted to reflect increases in the cost of living as indicated by the Consumer Price Index described below. Rent may be adjusted if the Consumer Price Index for the Los Angeles — Orange County - Riverside Area, All Urban Consumers, All Items ("Index"), as published by the United States Department of Labor, Bureau of Labor Statistics ("Bureau"), increases over the Base Period Index. The initial "Base Period Index" shall be the Index for March 2017. The initial Base Period Index shall be compared with the Index for March of each subsequent Lease Year (the term "Lease Year" as used herein refers to successive twelve (12) month periods, commencing with the Effective Date of the Agreement) ("Comparison Index"). The Comparison Index used for a given year's adjustment calculation will become the Base Period Index for purposes of the next annual Rent adjustment calculation. If the Comparison Index is higher than the Base Period Index, then Rent for the next Lease Year shall be increased by the amount of such percentage change, subject to a maximum increase of five percent (5%). Should the Bureau discontinue the publication of the above Index, or publish same less frequently, or alter same in some other manner, then the Parties shall adopt a substitute Index or substitute procedure which reasonably reflects and monitors consumer prices. 2. Article 4.3 is hereby amended in its entirety and replaced with the following: 4.3 Percentage Rent. (a) Payment. "Percentage Rent" shall be determined each calendar month and shall be calculated by multiplying the percentage, as indicated by the table below, by the total Gross Sales (as defined in Section 4.6) made in, upon, or from the Premises for the calendar month. For each month that Percentage Rent exceeds Base Rent, Concessionaire shall pay to City the Percentage Rent less the Base Rent paid to the City for that month. Percentage Rent of Gross Sales from on - site Premises sales Year 1 8% Year 2 8% First Amendment to Concession Agreement Page 2 Year 3 8% Year 4 8% Year 5 8% If Concessionaire exercises its option to extend pursuant to Section 3.2: Percentage Rent of Gross Sales from on - site Premises sales Year 6 8% Year 7 8% Year 8 8% Year 9 8% Year 10 8% Percentage Rent of Gross Sales from on -site Premises sales shall be eight percent (8%) for each year of the Option Term beginning on the eleventh (11th) anniversary date. Base Rent shall continue to adjust annually. (b) Accounting and Payment. Within twenty-five (25) calendar days after the end of each calendar month for the term hereof, as may be extended as provided herein, commencing with the twenty-fifth (25th) day of the month following the Effective Date, and ending with the twenty-fifth (25th) day of the month next succeeding the last month of the term, as may be extended as provided herein, Concessionaire shall furnish to City a statement in writing, certified by Concessionaire and a Certified Public Accountant to be correct, showing the total Gross Sales made in, upon, or from and/or otherwise attributable to the Premises during the preceding calendar month (or fractional month at the beginning of the term if the Effective Date is other than the first day of a month). The Percentage Rent payment to City, less the Base Rent already paid to the City for that month, shall be due and payable with the next installment of Base Rent (for example, the Percentage Rent statement for the month of January is due on February 25th, and the Percentage Rent payment for the month of January is due on March 1st). 3. Article 5.1 is hereby amended in its entirety and replaced with the following: 5.1 Business Purposes. The Premises are to be used by Concessionaire for the operation of a concession selling food and non-alcoholic beverages, and non- exclusive catering services at events held within the Project. Alcoholic beverages may be sold/provided by Concessionaire at catered events held at the Project with the prior written consent of the Authorized City Representative. The Concessionaire shall be responsible for obtaining all required permits and licenses for the provision of alcoholic beverages, including, but not limited to, Alcoholic Beverage Control license(s). Concessionaire's proposed menus, are attached as Exhibit "B." Pricing for these products will be comparable to prices at nearby concession facilities. First Amendment to Concession Agreement Page 3 4. Article 5.6 is hereby amended in its entirety and replaced with the following: 5.6 Catering. Concessionaire shall be listed on the approved caterer lists for the following City recreation facilities: • Civic Center Community Room • OASIS Senior Center • Marina Park • Newport Coast Community Center 5. Article 5.7 is hereby amended in its entirety and replaced with the following: 5.7 Operation. Concessionaire shall keep the Premises in operation and open to the public for business on a daily basis, in accordance with the following schedule: Monday through Thursday from 8:00 a.m. to 5:30 p.m. (but in no event earlier than 6:30 a.m., and no later than 9:00 p.m.) Friday from 8:00 a.m. to 4:30 p.m. (but no earlier than 6:30 a.m.) Saturday from 11:00 a.m. to 4:00 p.m. Sunday: Closed Concessionaire shall be closed on all City observed holidays, including but not limited to New Year's Day, Martin Luther King Jr. Day, President's Day, Memorial Day, 4th of July, Labor Day, Veteran's Day, Thanksgiving Day and Friday following, Christmas Day, and any other day the Central Library may be closed as designated by the City Manager or the Library Services Director. Concessionaire may close the Concession during periods of remodeling, reconstruction, inventory and emergencies or to comply with Laws with prior written approval from the City. Any request by Concessionaire to change the operating hours shall be submitted in writing, and are subject to prior written approval from the City. 6. Except as expressly modified herein, all other provisions, terms, covenants and conditions of the Agreement shall remain unchanged and in full force and effect. [SIGNATURE PAGE FOLLOWS] First Amendment to Concession Agreement Page 4 IN WITNESS HEREOF, the Parties hereto have executed this First Amendment as of the day and year first above written. CITY: CITY OF NEWPORT BEACH, a California municipal corporation 413tAl1 By: Dav Kiff City Manager APPROVED AS TO FORM: CITY ATTORNEY'S OFFICE By: Aaron C. Harp City Attorney ATTEST: By: oG040' Leilani I. Brown City Clerk NM dISM11L1 CONCESSIONAIRE: FOOD MASTERS, INC., a California corporation By: Khalida R shid Chief Executive Officer, Secretary, and Chief Financial Officer [END OF SIGNATURES] Owners must sign in the presence of notary public ATTACHMENT: Exhibit A — Premises Depiction First Amendment to Concession Agreement Page 5 ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of 0R1a►.IGE }ss. On ,]AµUAQ-{ 2U , 20 ti before me, ,L€ tc tF Q, 10rvN YY1uLvE`1 Notary Public, personally appeared V.b RL%O A R4su % 1) , who proved to me on the basis of satisfactory evidence to be the person(*) whose name(*) 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 signatures(*) on the instrument the person(*), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. �.: JENNIFER ANN MULVEY s� Commission # 2045022 Notary Public - California z f Orange County ' -6CoEa Ices Osl 12 201 mm (seal) WITNESS my hand and official seal. Signatu ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of bRArl6 E } ss. On .111%Hut=92•4 'bo , 20 11 before me, -,\T-Nt,stFF2 yes t.) 'VIVO/E 1 Notary Public, personally appeared PAYE- KtirF proved to me on the basis of satisfactory evidence to be the person(s) whose name(e) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/hef/theiF authorized capacity(ies), and that by his/her/thcir signatures(*) on the instrument the person(s), or the entity upon behalf of which the person(*) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. EY WITNESS myhand and official seal. CommissiRon nNNM45V22 _�. ; � Commission 8 2D45022 ,�l z 4h : fi! Notary Public - California Orange County M Comm. Er ire* oet 12 201? (seal) First Amendment to Concession Agreement Page 6 EXHIBIT "A" PREMISES' DEPICTION First Amendment to Concession Agreement Page A-1 n RECORDING REQUESTED BYAND WHEN RECORDED RETURN TO: CITY OF NEWPORT BEACH ATTN: CITY CLERK PO BOX 1768 Newport Beach, CA 92658-8915 n Off'c'al Reco ds, Orange County Hugh Nguyen Clerk Recorder i NO FEE R� 0� 0� 6� 0� 4��11I�6� 9� $ **� Ej�C20r��13000429412 4 26 pm 07117113 awn Al2 131 30ilbotik00 0.00 0.00 390.00 0.00 0.00 0.00 Recording Fee: Exempt (Government Code Sections 6103 & 27383) (Space above this line for Recorder's use) Civic Center Concession Agreement Between the City of Newport Beach And 24 Carrots, LLC Civic Center Concession Agreement Between the City of Newport Beach And 24 Carrots, LLC This Civic Center Concession Agreement ("Agreement") is made and entered into as of the \day of , 2013 ("Effective Date"), by and between the City of Newport Beach ("City"), a California municipal corporation and charter city, and 24 Carrots, LLC, ("Concessionaire"), a Califomia limited liability corporation (operating as Bistro 24 Express). RECITALS A. The Civic Center located at 100 Civic Center Drive, Newport Beach, California includes a newly constructed City Hall, City Council Chambers, a public park, and an expansion of the existing Central Library located at 1000 Avocado Avenue, Newport Beach ("Project"), The Project includes a seven hundred fifty seven (757) square foot concession facility which is depicted on Exhibit "A" and incorporated herein by this reference ("Premises"). B. The City issued a Request for Proposals (No. 13-19) for Civic Center Food Services Facility Operation on November 21, 2012, and after a careful evaluation process, the City selected Concessionaire to operate a food concession at the Premises. C. Concessionaire and City desire to enter into this Agreement to allow Concessionaire to operate a concession business intended to provide food, drink, and catering services to library visitors and staff, city hall visitors and staff, and the general public ("Concession"). AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants herein contained, City and Concessionaire hereby agree as follows: 1. DEFINITIONS 1.1 General Definitions. As used in this Agreement, the following words and phrases shall have the following meanings: (a) Alteration — any improvements, additions, alterations, changes, or modifications of the Premises made by Concessionaire including, but not limited to fixtures and signage. (b) Authorized City Representative — the City Manager or his/her designee. (c) Common Area — the areas within the Project which are available for non-exclusive use by City, Concessionaire, the public, and other tenants and/or users. (d) Delivery Date — the date the City provides Concessionaire access to the space prior to Rent Commencement, in order for Concessionaire to prepare space for operation. (e) Expiration - the lapse of the time specified as the Term of this Agreement, including any extension of the Term resulting from the exercise of an option to extend. (f) Good Condition - neat and broom -clean and in substantially the same condition as of the Delivery Date of the Premises to Concessionaire, and is equivalent to similar phrases referring to physical adequacy in appearance and for use. (g) Law - any judicial decision, statute, constitution, ordinance, resolution, regulation, rule, administrative order, or other requirement of any municipal, county, state, federal, or other government agency or authority having jurisdiction over the parties hereto or the Premises. (h) Maintenance or Maintain - repairs, replacement, maintenance, repainting, and cleaning. (i) Person - one (1) or more natural persons, or legal entities, including, without limitation, partnerships, corporations, trusts, estates, associations, or a combination of natural persons and legal entities. (j) Provision - any term, covenant, condition, or clause in this Agreement that defines, establishes, or limits the performance required or permitted by either party. (k) Rent — includes Base Rent, Percentage Rent, taxes, and other similar charges payable by Concessionaire under the provisions of this Agreement. (I) Rent Commencement —date Concessionaire begins paying Rent, commencing sixty (60) calendar days after the Delivery Date or first day of operation from the Premises, whichever occurs first. For purposes of Rent Commencement, Concessionaire's catering activities that occur prior to the first day of operation from the Premises shall not trigger the payment of Base Rent but shall be included in the calculation and payment of Percentage Rent (this provision is intended to allow Concessionaire to cater events prior to conducting operations from the Premises). (m) Successor - assignee, transferee, personal representative, heir, or other Person succeeding lawfully, and pursuant to the provisions of this Agreement, to the rights or obligations of either Party. (n) Termination - the termination of this Agreement, for any reason, prior to Expiration. 1.2 Other Definitions. - The following additional terms are defined in the following sections of this Agreement: (a) Base Rent §4.2 (b) Claim or Claims §10.1 (c) Concession Recitals, §C (d) Gross Sales §4.6 (e) Hazardous Materials §16 (f) Indemnified Parties §6.3 (g) Option Term(s) §3.2 (h) Percentage Rent §4.3(a) (i) Project Recitals, §A (j) Premises Recitals, §A (k) Term §3.1 2. PREMISES City finds it to be in the public interest and consistent with public facility uses to grant an exclusive right to operate a Concession at the Premises. Therefore, pursuant to the terms and conditions set forth herein, City hereby grants to Concessionaire the exclusive right, privilege and concession to conduct a business at the Premises engaged in selling such items as those described in Section 5.1, Business Purposes. Concessionaire agrees to accept the Premises in an "as is" condition as tendered by City. Concessionaire agrees that no representations with respect to the condition or improvements of the Premises have been made by City except as specifically set forth in this Agreement. 3. TERM 3.1 Term of Agreement. The Term of this Agreement shall be five (5) years from the Effective Date unless terminated sooner as provided in Section 14, or extended as provided in Section 3.2. 3.2 Option to Extend. Provided Concessionaire is not then in default, and upon approval of the City, Concessionaire and City may extend the term of this Agreement for two (2) additional successive terms of five (5) years (the "Option Term" or "Option Terms") the first commencing on Expiration of the initial Term and the second commencing on Expiration of the first Option Term, on the same terms and conditions as contained in this Agreement. Concessionaire must exercise the option by giving City written notice of its intention to do so at least six (6) months prior to Expiration of the initial Term or the first Option Term. 3.3 Hold Over. Should Concessionaire, with City's consent, hold over and continue in possession of the Premises after Expiration of the Term or any Option Term, Concessionaire's continued occupancy of the Premises shall be considered a month -to - month tenancy subject to all the terms and conditions of this Agreement, except the provisions of Sections 3.1 and 3.2. 4. RENT 4.1 Concessionaire shall pay the greater of Base Rent or Percentage Rent. 4.2 Base Rent. Concessionaire shall commence payment of Base Rent upon the Rent Commencement Date, which shall be no later than sixty (60) calendar days after the Delivery Date. The Base Rent shall be established at Twenty -Four Thousand and 00/100 Dollars ($24,000.00) per year. Base Rent shall be paid, in advance, in equal monthly installments on the first day of each month (e.g., Two -Thousand and 00/100 Dollars ($2,000.00) per month). Base Rent for any partial month shall be prorated in accordance with the actual number of days in that month and shall be due on the first day of that month that falls within the Term. Annually, upon each successive anniversary date of the Effective Date, the Base Rent shall be increased five percent (5%). 4.3 Percentage Rent. (a) Payment. "Percentage Rent" shall be determined each calendar month and shall be calculated by multiplying the percentage, as indicated by the table below, by the total Gross Sales (as defined in Section 4.6) made in, upon, or from the Premises and/or otherwise attributable to catering from the Premises for the calendar month. For each month that Percentage Rent exceeds Base Rent, Concessionaire shall pay to City the Percentage Rent less the Base Rent paid to the City for that month. Percentage Rent of Gross Sales from on - site Premises sales Year 1 8% Year 2 8% Year 3 8% Year 4 8% Year 5 8% If Concessionaire exercises its option to extend pursuant to Section 3.2: Percentage Rent of Gross Sales from on - site Premises sales Year 6 10% Year 7 10% Year 8 10% Year 9 10°/0 Year 10 10% Percentage Rent from catering authorized under Section 5.6 All Years 13% of Gross Sales for food and beverage sales. 5% of Gross Sales for rental fees. This Percentage Rent shall be waived and not collected by City when offered as a discount to a non-profit organization pursuant to Section 5.6(a), Percentage Rent of Gross Sales from on -site Premises sales shall be ten percent (10%) for each year of the Option Term beginning on the eleventh (11th) anniversary date. Base Rent shall continue to increase by five percent (5%) annually. (b) Accounting and Payment. Within twenty-five (25) calendar days after the end of each calendar month for the term hereof, as may be extended as provided herein, commencing with the twenty-fifth (25th) day of the month following the Effective Date, and ending with the twenty-fifth (25th) day of the month next succeeding the last month of the term, as may be extended as provided herein, Concessionaire shall furnish to City a statement in writing, certified by Concessionaire and a Certified Public Accountant to be correct, showing the total Gross Sales made in, upon, or from and/or otherwise attributable to the Premises or any catering authorized under Section 5.6 during the preceding calendar month (or fractional month at the beginning of the term if the Effective Date is other than the first day of a month). The Percentage Rent payment to City, less the Base Rent already paid to the City for that month, shall be due and payable with the next installment of Base Rent (for example, the Percentage Rent statement for the month of January is due on February 25th, and the Percentage Rent payment for the month of January is due on March 1st), 4.4 Reserved. 4.5 Payment Location. Rent shall be payable at the office of the City's Revenue Division at 100 Civic Center Drive, Newport Beach, California, or at such other place or places as City may from time to time designate by written notice delivered to Concessionaire; or by electronic delivery if mutually agreed upon by City and Concessionaire. 4.6 Gross Sales. (a) The term "Gross Sales" means: (1) all money, cash receipts, assets, property or other things of value, including but not limited to gross charges, sales, rentals, fees and commissions made or earned by Concessionaire and/or any assignees, licensees, permittees or concessionaires thereof, whether collected or accrued from any business, use or occupation, or any combination thereof, originating, transacted or performed in whole or in part, on the Premises, including but not limited to rentals, the rendering or supplying of services and the sale of goods, wares or merchandise, whether wholesale or retail, whether for cash or credit, or otherwise, and including the value of all consideration other than money received for any of the foregoing, without, except as expressly provided in Section 4.6(b), deduction from gross receipts for any overhead or cost or expense of operations, such as, but without limitation to salaries, wages, costs of goods, interest, debt amortization, credit, collection costs, discount from credit card operations, insurance and taxes. Each installment or credit sale shall be treated as a sale for the full price in the month during which such sale is made, irrespective of whether or when Concessionaire receives payment therefore. Gross Sales shall include any amount allowed upon any "trade in," the full retail price of any merchandise delivered or redeemed for trading stamps or coupons and all deposits not refunded to purchasers; (2) Orders taken in or from the Premises, even if the orders are filled elsewhere, and sales by any sub -concessionaire in or from the Premises; (3) Gross receipts of all coin -operated devices that are placed on the Premises by Concessionaire or pursuant to any rent concession, percentage or other arrangement (but excluding revenue from telephones that are collected by a public and/or private utility); and (4) Rentals of any equipment, furniture, goods, wares or merchandise. (b) Exclusions from Gross Sales. Gross Sales shall not include, or if included there shall be deducted (but only to the extent they have been included), the following: (1) Sales and use taxes, so-called luxury taxes, consumers' excise taxes, gross receipts taxes, and other similar taxes now or in the future imposed on the sale of merchandise or services, but only if such taxes are added to the selling price and collected from customers; (2) The amount of returns to shippers or manufacturers; (3) The amount of any cash or credit refund made upon any sale where the merchandise sold or some portion is returned by the purchaser. Each sale upon installment or credit shall be treated as a sale for the full price in the month during which such sale shall be made, irrespective of the time when Concessionaire shall receive payment (whether in full or partial) from its customers; (4) Sales of trade fixtures or personal property to be replaced by Concessionaire that are not considered stock in trade; (5) Sums and credits received in the settlement of claims for loss of or damage to merchandise; (6) Meals provided for officers or employees without charge; (7) Meals, goods or products provided for promotional or publicity purposes without charge; (8) Cash refunds made to customers in the ordinary course of business; (9) Value added taxes ("VAT") or other taxes added to the selling price of products and other similar taxes now or hereafter imposed upon the sale of merchandise or services, whether such taxes are added to, or included in the selling price; (10) Discounted sales to employees of Concessionaire, not to exceed two percent (2%) of the monthly Gross Sales; (11) Uncollectible credit accounts and other bad debts, not to exceed two percent (2%) of the monthly Gross Sales; and (12) Amounts paid to charge card or credit card issuers. (c) Annual Statements of Gross Sales. Within thirty (30) calendar days after the end of each calendar year during the Term hereof, as may be extended as provided herein, Concessionaire shall furnish to City a statement in writing, certified by Concessionaire and a Certified Public Accountant to be correct, showing the total Gross Sales made in, upon, or from and/or otherwise attributable to the Premises during the preceding calendar year (or fractional year at the beginning of the term if the Effective Date is other than the first day of the year). (d) Sales and Charges. All sales and charges shall be recorded by means of cash registers that display the amount of the transaction certifying the amount recorded. The register shall be equipped with devices that log in daily sales totals, and record on tapes the transaction numbers and sales details. At the end of each day the tape will record the total sales for that day. (e) Production of Statement, Records and Audit. Concessionaire shall keep at the Premises (and shall require any permitted subconcessionaire to keep at the Premises) full, complete and proper books, records and accounts of its daily Gross Sales, both for cash and on credit, at any time operated in the Premises. Concessionaire agrees to make available for inspection by City at the Premises, a complete and accurate set of books and records of all sales of goods, wares, and merchandise and revenue derived from the conduct of business or activity in, at or from the Premises from which Gross Sales can be determined. Concessionaire shall also make available, upon City request, all supporting records. Concessionaire shall also furnish City copies of its quarterly California sales and use tax returns at the time each is filed with the State of California. Concessionaire shall retain and preserve for at least three (3) years all records, books, bankbooks or duplicate deposit books and other evidence of Gross Sales. City shall have the right, upon reasonable notice, during the Term and within one hundred eighty (180) days after Expiration or Termination of this Agreement to inspect and audit Concessionaire's books and records and to make transcripts to verify the Rent due to the City. The audit may be conducted at any reasonable time during normal business hours. Concessionaire shall cooperate with City in making the inspection and conducting the audit, The audit shall be limited to the determination of Gross Sales and shall be conducted during usual business hours in a manner that minimizes any interference with the conduct of Concessionaire's regular business operations. If the audit concludes that there is a deficiency in the payment of any Rent, the deficiency shall become due and payable within twenty (20) calendar days and if there is an overpayment, City shall refund the amount of the overpayment within twenty (20) calendar days. City shall bear its costs of the audit unless the audit shows that Concessionaire understated Gross Sales by more than two percent (2%), in which case Concessionaire shall pay all City's reasonable costs of the audit. City shall not disclose financial information received in confidence and pursuant to this Agreement except to carry out the purposes of this Agreement unless disclosure is required (rather than permitted) by law. However, City may disclose the results of any audit in connection with any financing arrangements, the sale or transfer of City's interest in the Premises, pursuant to order of a court or administrative tribunal, or to collect any outstanding Rent. (f) Concessionaire's Gross Sales Audit. In the event of any audit by City in accordance with this Agreement, Concessionaire may contest the results of City's audit by performing a confirming audit, at Concessionaire's expense, within sixty (60) calendar days of receipt of City's audit results and supporting evidence, using an independent Certified Public Accountant reasonably acceptable to City. To the extent the City determines Concessionaire's prices on average are five percent (5%) or greater than those charged by similar catering businesses then City may in its sole and absolute discretion rescind the Concessionaire's exclusive catering provisions found in Section 5.6, by providing thirty (30) calendars day advance written notice to Concessionaire. (g) Acceptance. The acceptance by City of any money paid to City by Concessionaire as Percentage Rent for the Premises, as shown by any statement furnished by Concessionaire, shall not be construed as an admission of the accuracy of said statement, or of the sufficiency of the amount of the Percentage Rent payment. 4.7 Late Payment. Concessionaire hereby acknowledges that the late payment of Rent or other sums due hereunder will cause City to incur costs not contemplated by this Agreement, the exact amount of which is extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges. Accordingly, any payment of any sum to be paid by Concessionaire not paid within five (5) days of its due date shall be subject to a ten percent (10%) late charge. City and Concessionaire agree that this late charge represents a reasonable estimate of such costs and expenses and is fair compensation to City for its loss suffered by such late payment by Concessionaire. 4.8 Interest on Unpaid Sums. Unpaid sums due to either City or Concessionaire under this Agreement shall bear interest at the rate of ten percent (10%) per annum on the unpaid balance, including but not limited to late payment penalties, from the date due until paid. 5. BUSINESS PURPOSES AND USE OF PREMISES 5.1 Business Purposes. The Premises are to be used by Concessionaire for the operation of a concession selling food and non-alcoholic beverages, and catering events held within the Project. Alcoholic beverages may be sold/provided by Concessionaire at catered events held at the Project with the prior written consent of the Authorized City Representative. The Concessionaire shall be responsible for obtaining all required permits and licenses for the provision of alcoholic beverages, including, but not limited to, Alcoholic Beverage Control license(s). Concessionaire's proposed menus, are attached as Exhibit "B". Pricing for these products will be comparable to prices at nearby concession facilities. 5.2 Operation of Premises. Concessionaire shall operate and manage the Premises in a manner comparable to other high quality businesses providing similar food and services. Deliveries shall be made and completed only between 7 a.m. and 6 p.m. on non -holiday weekdays. The loading zone designated for use by Concessionaire for deliveries, as shown on Exhibit "C", is shared with the Central Library and priority shall be given to deliveries for the Central Library. 5.3 Prohibited Uses. Concessionaire shall not sell or permit to be kept, used, displayed or sold in or about the Premises (a) pornographic or sexually explicit books, magazines, literature, films or other printed material, sexual paraphernalia, or other material which would be considered lewd, obscene or licentious, (b) any article which may be prohibited by standard forms of fire insurance policies, or (c) any alcoholic beverages without the prior written consent of City. Vending machines, gaming machines or video or arcade games shall not be used or installed on the Premises unless expressly permitted by this Agreement. Concessionaire shall not use or permit the use of the Premises in any manner that (a) creates a nuisance or (b) violates any Law. Concessionaire shall not offer entertainment or broadcast music or entertainment through exterior speakers or other form of transmission without the written approval of City. In this event, Concessionaire shall obtain all required City permits and approvals. 5.4 Food Packaging and Debris. Concessionaire shall use food packaging consistent with good environmental practices, including prohibiting polystyrene (also known as Styrofoam) from the Premises, minimizing the use of PVC plastics (especially plastic bags for carrying food), and providing both trash receptacles and places for customers to dispose of recyclable products. 5.5 Outdoor Dining. Concessionaire shall be permitted to use tables, in a non-exclusive manner, within the entry atrium adjacent to the Premises, and on the paved area outside of the Premises, in accordance with City zoning codes and State requirements. The layout of the tables is subject to approval by the City. Concessionaire may not expand into the Library area, or place any temporary furniture or objects in the public areas of the Project without prior written approval of the City. 5.6 Catering. Concessionaire shall be the exclusive caterer for all events held at the Project including catering related equipment rentals (e.g., tables, serving dishes, etc.), with the exception of: (1) City Council meetings; (2) City sponsored or co- sponsored events (e.g., Taste of Newport, etc.); (3) Newport Beach Public Library Foundation meetings/events; (4) Friends of the Library meetings/events (including all events held in the Central Library's Friends' Room); and (5) deminimis staff expenditures of one hundred dollars ($100.00) or less. Concessionaire shall have first right of refusal for events where it is the exclusive caterer. If Concessionaire declines to cater an event or does not respond within the time provided by the City or a third -party, the City or the third -party may contract with a third -party for catering services. (a) Non -Profit Organizations. Notwithstanding the exclusive catering provisions provided above, non-profit organizations, as recognized under state and federal law, using space at the Project Monday through Thursday may use donated food, beverages and/or equipment rentals for no more than one (1) event per calendar year per non-profit organization. Non-profit organizations using space at the Project Friday through Sunday or in addition to their one (1) time exemption provided above shall use Concessionaire's catering services at a discount. The discount shall be no less than two percent (2%) off of Concessionaire's published rates plus the City's thirteen percent (13%) for food and beverage sales and five percent (5%) for equipment rentals for a total discount of no less than fifteen percent (15%) for food and beverage sales and seven percent (7%) for equipment rentals. (b) Competitive Pricing. Given the exclusive nature of the catering services provided under this Agreement, the City and Concessionaire have a mutual interest in providing competitive pricing for the food, beverages, equipment rentals, and others items permitted to be sold under this Agreement. Therefore, Concessionaire shall from time -to -time survey the costs charged by other entities engaged in similar catering businesses and adjust its prices accordingly to remain competitive. The City may audit Concessionaire's pricing pursuant to Section 4.6(f). 5.7 Operation. Concessionaire shall keep the Premises in operation and open to the public for business on a daily basis, in accordance with the following schedule: Monday through Thursday from 7:00 a.m. to 8:00 p.m. (but in no event earlier than 6:30 a.m., and no later than 9:00 p.m.) Friday from 7:00 a.m. to 6:00 p.m. (but no earlier than 6:30 a.m.) Saturday from 8:00 a.m. to 6:00 p.m. Sunday from 12:00 p.m. to 5:00 p.m. (but no earlier than 11:00 a.m) Concessionaire shall be closed on all City observed holidays, including but not limited to New Year's Day, Martin Luther King Jr. Day, President's Day, Memorial Day, 4'" of July, Labor Day, Veteran's Day, Thanksgiving Day and Friday following, Christmas Day, and any other day the Central Library may be closed as designated by the City Manager or the Library Services Director. Concessionaire may close the Concession during periods of remodeling, reconstruction, inventory and emergencies or to comply with Laws with prior written approval from the City. 5.8 Food Preparation. Concessionaire shall install, at Concessionaire's own expense, additional equipment as listed on Exhibit "D" required to prepare foods included on the proposed menu, which may be necessary to operate Concessionaire's business. Concessionaire shall ensure that additional equipment is installed properly pursuant to the manufacturer's specifications, does not exceed the electrical or other utility loads designated for the Premises, and is in compliance with all applicable local and state building codes and health department regulations. 5.9 Advertising Display. Concessionaire may, at its own expense, place unlit signs in or upon the Premises subject to the prior written consent of the City as to the size, type, number, design and method of installation and in compliance with the City's sign code regulations and the deed restrictions applicable to the Premises. All signage placed by Concessionaire on, in or about the Premises shall remain the property of Concessionaire and shall be removed by Concessionaire upon Termination or Expiration of this Agreement at Concessionaire's expense; and any damage caused by removal shall be repaired at Concessionaire's expense. 5.10 Marketing. Concessionaire may, at its own expense, promote Bistro 24 Express and distribute marketing materials consistent with the marketing plan attached hereto at Exhibit "E", subject to the written approval of the City and the conditions and restrictions of the Agreement of Mutual Understanding Regarding Declaration of Special Land Use Restrictions, Right of First Refusal, Mortgage Lien and Option to Repurchase recorded on May 8, 1992 as Instrument No, 92-304757 by and between The Irvine Company LLC and the City of Newport Beach, attached as Exhibit "F", and incorporated herein by reference. 5.11 Personnel, Concessionaire shall be responsible for hiring the necessary personnel to conduct the daily operation of Concession. Concessionaire shall comply with all federal, state, and local Laws related to minimum wage, social security, nondiscrimination, ADA, unemployment compensation, and workers' compensation. If required by the City, Concessionaire's employees shall wear a uniform and/or identification badge. 5.12 Independent Contractor. It is understood that Concessionaire is an independent contractor and not an agent or employee of City. Nothing in this Agreement shall be deemed to constitute approval for Concessionaire or any of Concessionaire's employees or agents, to be the agents or employees of City. City shall have no interest in the business of Concessionaire. 5.13 No Distress Sales. No auction, fire, bankruptcy, "going out of business" or other distress sales of any nature may be conducted on the Premises without the prior written consent of the City Manager. 5.14 Restroom Facilities for Employees. Concessionaire, its employees and customers shall have full use of restroom facilities located within the Central Library as called out on Exhibit "C". Restroom facilities are shared with the Central Library employees and visitors, and are considered Common Area. 5.15 Parking for Employees. Concessionaire may use up to two (2) non- exclusive parking spaces for Concessionaire and its employees's vehicles, located within the parking structure at the Project on level two (2) or above. 6. TAXES, LICENSES AND OTHER OBLIGATIONS 6.1 Payment of Taxes, Concessionaire shall pay directly to the appropriate taxing authorities all taxes applicable to this Agreement, fixtures and Concessionaire's personal property on the Premises, that are levied or assessed against Concessionaire during the Term. Taxes shall be paid at least ten (10) calendar days before delinquency and before any fine, interest or penalty is due or imposed by operation of law. Concessionaire shall, upon request, promptly furnish to the City satisfactory evidence of payment. Concessionaire acknowledges that this Agreement may create a possessory interest subject to property taxation and that Concessionaire may be subject to the payment of property taxes levied on such interest. Concessionaire shall pay, before delinquency all taxes, assessments, license fees and other charges ("Taxes") that are levied or assessed against Concessionaire's interest in the Premises or any personal property installed on the Premises. 6.2 Payment of Obligations. Concessionaire shall promptly pay, when due, any and all bills, debts, liabilities and obligations incurred by Concessionaire in connection with Concessionaire's occupation and use of the Premises. 6.3 Challenge to Taxes. Concessionaire shall have the right in good faith, at its sole cost and expense, to contest the amount or legality of any Taxes on or attributable to this Agreement, the Premises, Concessionaire's personal property, or Concessionaire's occupation and use of the Premises, including the right to apply for reduction. If Concessionaire seeks a reduction or contests such taxes, Concessionaire's failure to pay the Taxes shall not constitute a default as long as Concessionaire complies with the provisions of this Section. City shall not be required to join in any proceeding or contest brought by Concessionaire unless the provisions of any Law require that the proceeding or contest be brought by or in the name of City. In that case, City shall join in the proceeding or contest or permit it to be brought in City's name as long as City is not required to bear any cost. If requested by Concessionaire, City shall execute any instrument or document necessary or advisable in connection with the proceeding or contest. Concessionaire, on final determination of the proceeding or contest, shall immediately pay or discharge any decision or judgment rendered, together with all related costs, charges, interest and penalties. Concessionaire shall indemnify, defend and hold harmless the City, its council members, boards, commissions, committees, officers, employees, Authorized City Representatives, agents and volunteers ("Indemnified Parties") from and against any liability, claim, demand, penalty, cost or expense arising out of or in connection with any contest by Concessionaire pursuant to this Section. 7. UTILITIES. Concessionaire shall be responsible for paying their pro-rata share of utilities furnished to or used on the Premises, including, without limitation, gas, electricity, sewer, water, refuse collection, telephone service, and cable TV. Concessionaire's pro- rata share shall be included on base rent invoices each quarter. Concessionaire may use City's trash enclosures or public trash cans, provided however, that City may, at City's discretion, require Concessionaire to arrange for its own refuse collection. Refuse collection shall occur between 7 a.m. and 6 p.m. on non -holiday weekdays. 8. ALTERATIONS TO THE PREMISES. 8.1 Concessionaire Improvements. Concessionaire acknowledges that City has delivered the Premises with the improvements shown on Exhibit "A". Further improvements by the Concessionaire must be submitted for review of improvement plans and permitting, and construction shall be subject to the prior written approval of the City Manager. Concessionaire improvements shall be performed between 7 a.m. and 6 p.m. on non -holiday weekdays. Any contractors hired by Concessionaire shall be fully licensed and bonded. Concessionaire's contractors and any subcontractors shall obtain insurance in an amount and form to be approved by City's Risk Manager, including workers compensation insurance as required by law, general liability, automobile liability and builder's risk insurance covering improvements to be constructed, all pursuant to standard industry custom and practice. City shall be named as an additional insured on the contractors and any subcontractors policies. 8.2 Permits. Unless restricted by law, Concessionaire shall obtain, and be responsible for the costs for, all building permits, health department permits and other required permits prior to commencement of Concessionaire improvements and operations. 8.3 Quality of Work Performed. All Alterations, maintenance and other work shall be performed in a good and workmanlike manner, shall comply with the plans and specifications submitted to City, and shall comply with all applicable governmental permit requirements and Laws in force at the time permits are issued. 8.4 Payment of Costs. Concessionaire shall pay all costs related to the construction of the improvements and any Alterations by Concessionaire or its agents. 8.5 Liens. Concessionaire shall keep the Premises free from any liens arising out of any work performed, material furnished, or obligation incurred by Concessionaire or alleged to have been incurred by Concessionaire. 8.6 Disposition of Alterations at Expiration or Agreement Termination. Any Alterations made to the Premises shall remain on, and be surrendered with, the Premises on Expiration or Termination of this Agreement (excluding Concessionaire's fixtures, equipment, furniture, and moveable decorations). However, City may elect not less than thirty (30) calendar days prior to Expiration or Termination of this Agreement, to require Concessionaire to remove any Alterations that Concessionaire has made to the Premises. If City requires removal of Alterations, Concessionaire shall, at its cost, remove the Alterations and restore the Premises to a broom -clean condition before the last day of the Term, or within thirty (30) calendar days after notice is given, whichever is later. Prior to Expiration or within fifteen (15) calendar days after Termination of this Agreement, Concessionaire may remove any moveable partitions, machinery, equipment, fumiture, and trade fixtures previously installed by Concessionaire, provided that Concessionaire repairs any damage to the Premises caused by removal. 9. MAINTENANCE OF PREMISES 9.1 Maintenance and Repair by Concessionaire and City. Concessionaire agrees that it will keep the Premises in Good Condition. Additionally, Concessionaire shall be responsible for clearing away dishes, trash, and debris, and cleaning the floors and tables located in the entry atrium and on the patio where customers will likely congregate. City may perform Maintenance or repairs in the event Concessionaire fails to commence required Maintenance or repairs within the time provided by City in the notice requesting such Maintenance or repair. The cost of any Maintenance or repairs by the City pursuant to this Section shall be payable as additional Rent. All furnishings, equipment, facilities, improvements, Alterations, attachments and appurtenances provided by City or installed by Concessionaire, and required for concession operations, including all kitchen equipment and interior furnishings, including items under warranty, shall be maintained in Good Condition and repair by Concessionaire at its cost. City may perform required cleaning and charge the costs to Concessionaire if the Concessionaire fails to perform within the time provided by City in the notice requesting the cleaning and continue to Maintain the area as required by this Agreement. 9.2 Entry by City. Upon twenty-four (24) hour notice to Concessionaire, City and its Authorized City Representatives may enter upon and inspect the Premises at any reasonable time for any lawful purpose, In case of emergency, City or its Authorized City Representative may, without prior notice, enter the Premises by whatever force necessary if Concessionaire is not present to open and permit an entry. Any entry to the Premises by City shall not be construed as a forcible or unlawful entry into, or a detainer of, the Premises, or an eviction of Concessionaire from the Premises or any portion thereof. 10, INDEMNITY AND EXCULPATION; INSURANCE 10.1 Hold -Harmless Clause. Concessionaire agrees to indemnify, defend and hold harmless the City, its City Council, Boards, Commissions, Committees, officers, agents, volunteers, and employees (collectively, the "Indemnified Parties") from and against any and all claims (including, without limitation, claims for bodily injury, death or damage to property), demands, obligations, damages, actions, causes of action, suits, losses, judgments, fines, penalties, liabilities, costs and expenses (including, without limitation, attorney's fees, disbursements and court costs) of every kind and nature whatsoever (individually, a "Claim"; collectively, "Claims"), which may arise from or in any manner relate (directly or indirectly) to Concessionaire's possession, occupation or use of the Premises, specifically including, without limitation, any claim, liability, loss, or Damage arising by reason of: (a) The death or injury of any Person or damage to personal property caused or allegedly caused by the condition of the Premises or an act or omission of Concessionaire or an agent, contractor, subcontractor, supplier, employee, servant, or sublessee of Concessionaire; (b) Any work performed on the Premises or materials furnished to the Premises at the request of Concessionaire or any agent or employee of Concessionaire, with the exception of Maintenance performed by City; and/or (c) Concessionaire's failure to perform any provision of this Agreement or to comply with any requirement of Law or any requirement imposed on the Premises by any duly authorized governmental agency or political subdivision. Concessionaire's obligations pursuant to this Subsection shall not extend to any Claim proximately caused by the sole negligence, willful misconduct, or unlawful or fraudulent conduct on the part of the Indemnified Parties. This indemnity shall apply to all claims and liability regardless of whether any insurance policies are applicable. 10.2 Exculpation of City. Except as otherwise expressly provided in this Agreement, City shall not be liable to Concessionaire for any damage to Concessionaire or Concessionaire's property from any cause other than the sole negligence, intentional or willful acts of the Indemnified Parties. Except as otherwise expressly provided in this Agreement, Concessionaire waives all claims against the Indemnified Parties arising for any reason other than the sole negligence, intentional or willful acts of the Indemnified Parties. City shall not be liable to Concessionaire for any damage to the Premises, Concessionaire's property, Concessionaire's goodwill, or Concessionaire's business income, caused in whole or in part by acts of nature. 10.3 Insurance. In addition to insurance required of Concessionaire to be obtained, provided, and maintained during the construction of the improvements, and without limiting Concessionaire's indemnification of City, Concessionaire shall obtain, provide and maintain at its own expense during the term of this Agreement, a policy or policies of liability insurance of the type and amounts described below and in a form satisfactory to City. (a) Certificates of Insurance. Concessionaire shall provide certificates of insurance with original endorsements to City as evidence of the insurance coverage required herein. Insurance certificates must be approved by City's Risk Manager prior to execution of this Agreement by the City. Current certification of insurance shall be kept on file with City at all times during the term of this Agreement. (b) Signature. A person authorized by the insurer to bind coverage on its behalf shall sign certification of all required policies. (c) Acceptable Insurers. All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance in the State of California, with an assigned policyholders' Rating of A- (or higher) and Financial Size Category Class VII (or larger) in accordance with the latest edition of Best's Key Rating Guide, unless otherwise approved by the City's Risk Manager. (d) Coverage Requirements. Workers' Compensation Coverage. Concessionaire shall maintain Workers' Compensation Insurance at statutory limits and Employer's Liability Insurance at One Million and 00/100 Dollars ($1,000,000.00) for his or her employees in accordance with the laws of the State of California. Any notice of cancellation or non -renewal of all Workers' Compensation policies must be received by City at least thirty (30) calendar days (ten (10) calendar days written notice of non-payment of premium) prior to such change. The insurer shall agree to waive all rights of subrogation against City, its officers, agents, employees and volunteers for all losses that relate in any way to this Agreement. ii. General Liability Coverage. Concessionaire shall maintain commercial general liability insurance in an amount not less than Two Million and 00/100 Dollars ($2,000,000.00) per occurrence for bodily injury, personal injury, and property damage, including without limitation, contractual liability. If commercial general liability insurance or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to the work to be performed under this Agreement, or the general aggregate limit shall be at least twice the required occurrence limit. iii. Products Liability Coverage. Concessionaire shall maintain products liability insurance covering bodily injury and property damage for all activities of the Concessionaire arising out of or in connection with products or services sold by the Concessionaire under this Agreement, in an amount not less than Two Million Dollars and 00/100 Dollars ($2,000,000.00) combined single limit for each occurrence. iv. Automobile Liability Coverage. Concessionaire shall maintain automobile insurance covering bodily injury and property damage for all activities of the Concessionaire arising out of or in connection with the services to be performed under this Agreement, including coverage for any owned, hired, non -owned or rented vehicles, in an amount not less than Two Million Dollars and 00/100 Dollars ($2,000,000.00) combined single limit for each occurrence. v. Fire and Extended Coverage. Concessionaire shall maintain fire and extended coverage insurance, together with insurance against vandalism, theft and malicious mischief, on the improvements and fixtures, alterations, trade fixtures, signs, equipment, personal property and inventory on or upon the Premises from loss or damage in an amount not less than One Million and 00/100 Dollars ($1,000,000.00) per occurrence. vi. Concessionaire shall maintain loss of rent insurance insuring that the Rent will be paid to City for a period up to six (6) months if the Premises are destroyed or rendered unusable or inaccessible for commercial purposes by a risk insured under a special form property coverage policy including vandalism and malicious mischief endorsements. vii. Liquor Liability Coverage. Concessionaire shall maintain liquor liability insurance in an amount not less than Two Million and 00/100 Dollars ($2,000,000.00) per occurrence for bodily injury, personal injury, and property damage. Concessionaire shall obtain a liquor liability insurance policy that covers all alcohol sold or distributed under this Agreement. The policy shall specifically include assault and battery coverage as well as coverage for Concessionaire's employees and patrons. (e) Endorsements. Each insurance policy shall be endorsed with the following specific language: The City, its elected or appointed officers, officials, employees, agents and volunteers, and the State of California, its elected or appointed officers, officials, employees, agents and volunteers, are to be covered as additional insureds, with respect to liability arising out of work performed by or on behalf of the Concessionaire. ii. This policy shall be considered primary insurance as respects to City, its elected or appointed officers, officials, employees, agents and volunteers as respects to all claims, losses, or liability arising directly or indirectly from the Concessionaire's operations or services provided to City. Any insurance maintained by City, including any self - insured retention City may have, shall be considered excess insurance only and not contributory with the insurance provided hereunder. Hi. This insurance shall act for each insured and additional insured as though a separate policy had been written for each, except with respect to the limits of liability of the insuring company. iv. The insurer waives all rights of subrogation against City, its elected or appointed officers, officials, employees, agents and volunteers. v. Reserved. vi. The insurance provided by this policy shall not be suspended, voided, canceled, or reduced in coverage or in limits, by either party except after thirty (30) calendar days (ten (10) calendar days written notice of non-payment of premium) written notice has been received by City. (0 Timely Notice of Claims. Concessionaire shall give City prompt and timely notice of claim made or suit instituted arising out of or resulting from Concessionaire's performance under this Agreement. (g) Additional Insurance. Concessionaire shall also procure and maintain, at its own cost and expense, any additional kinds of insurance, which in its own judgment may be necessary for its proper protection and prosecution of the work. 11. DAMAGE OR DESTRUCTION OF PROJECT/PREMISES 11.1 Destruction of Premises. If the Premises are totally or partially destroyed, rendering the Premises or any portion thereof totally or partially inaccessible or unusable, Concessionaire shall restore the Premises to substantially the same condition as immediately prior to such destruction (including all trade fixtures, personal property, improvements and Alterations as are installed by Concessionaire, which shall be replaced by Concessionaire at its expense). Concessionaire may elect to terminate this Agreement by giving notice of such election to City within sixty (60) calendar days after the date of the occurrence of any casualty if the cost of the restoration exceeds the amount of any available insurance proceeds, if the damage has been caused by an uninsured casualty or event, or if Concessionaire reasonably estimates that repairs of the Premises will take more than six (6) months. Upon such termination, insurance proceeds applicable to reconstruction of the Project (excluding Concessionaire's personal property therein) shall be paid to City and Concessionaire shall have no further liability or obligations under this Agreement. 11.2 Replacement of Concessionaire's Property. In the event of damage or destruction of improvements located on the Premises not giving rise to Concessionaire's option to terminate this Agreement, Concessionaire shall, at its own expense, replace and repair all Concessionaire's trade fixtures, equipment, machinery, furnishings, furniture and inventory as soon as reasonably possible to permit the prompt continuation of Concessionaire's business at the Premises. 11.3 Destruction of Proiect. In the event that all or a portion of the Project is damaged, and the Premises or a material portion becomes inaccessible or commercially unusable, and the damage or destruction cannot reasonably be repaired within twelve (12) months after the date of the casualty, City shall have the right to either: (a) Terminate this Agreement by giving to Concessionaire written notice (which notice shall be given, if at all, within thirty (30) calendar days following the date of the casualty), in which case this Agreement shall be terminated thirty (30) calendar days following the date of the casualty; or (b) Give Concessionaire written notice of City's intention to repair such damage as soon as reasonably possible at City's expense, in which event this Agreement shall continue in full force and effect; however, Rent shall be abated in accordance with the procedures set forth in Section 12. Concessionaire may terminate this Agreement by giving City written notice at any time prior to the commencement of repairs if City agrees to repair the Project pursuant to this Section and fails to commence repairs within one hundred twenty (120) calendar days after giving Concessionaire written notice of its intention to repair. In such event, this Agreement shall terminate as of the date of notice from Concessionaire to City, and City shall have no liability under this Agreement. 12. ABATEMENT OF RENT 12.1 General Rule. In the event of damage or destruction of the Premises or Damage to the Project that impacts the Premises and this Agreement is not terminated, Concessionaire shall continue to utilize the Premises for the operation of its business to the extent it may be practicable and commercially reasonable. Rent shall abate only in proportion to the area of the Premises that is rendered unusable. The abatement of Rent shall commence on the date that use of the Premises is impacted and continue until the completion of those repairs necessary to restore full use of the Premises and Concessionaire's re -opening of the Premises. Concessionaire's obligation to pay Taxes pursuant to this Agreement shall not be abated or reduced. Rent shall not abate if the damage or destruction to the Premises is the result of the negligence or willful conduct of Concessionaire or its employees, officers or agents. Concessionaire's right to abatement of Rent is contingent on payment of insurance proceeds, if any, equal to the amount of Rent pursuant to coverage required by Section 10.3. 12.2 Abatement/Maintenance. Concessionaire shall not be entitled to any abatement of Rent for Maintenance that occurs during the Maintenance period. 13. PROHIBITION AGAINST VOLUNTARY ASSIGNMENT, SUBLETTING AND ENCUMBERING 13.1 Prohibition of Assignment. City and Concessionaire acknowledge that City is entering into this Agreement in reliance upon the experience and abilities of Concessionaire. Consequently, Concessionaire shall not voluntarily assign or encumber its interest in this Agreement or in the Premises, or assign substantially all or any part of the Premises, or allow any other person or entity (except Concessionaire's authorized representatives) to occupy or use all or any part of the Premises without the prior written consent of City, which shall not be unreasonably withheld. Any assignment or transfer made without the City's written consent is null and void. City's consent to any assignment or other transfer is subject to Concessionaire providing City with evidence reasonably satisfactory to City that the proposed transferee has financial strength and restaurant or food service experience comparable to Concessionaire and the use of the Premises by the proposed transferee is consistent with the terms of this Agreement. Except as otherwise expressly provided herein, any dissolution, merger, consolidation, reorganization of Concessionaire, or the sale or other transfer resulting in a transfer of a controlling percentage of the capital stock of Concessionaire, shall be deemed a voluntary assignment; provided, however, that the sale or transfer of a controlling percentage of the capital stock of Concessionaire pursuant to a public offering(s) of equity or debt instruments issued by Concessionaire, or other transfers of publicly traded capital stock or debt instruments shall not constitute a voluntary assignment and shall not require City's consent or approval. The phrase "controlling percentage" means the ownership of, or the right to vote, stock possession of at least fifty percent (50%) of the total combined voting power of all classes of Concessionaire's capital stock issued, outstanding, and entitled to vote for the election of directors, except for ownership of publicly traded shares, warrants or similar equity interests in Concessionaire traded on a national exchange or over-the-counter markets. 13.2 Exceptions. Notwithstanding the foregoing paragraphs or anything to the contrary contained herein, City's consent shall not be required for an assignment or subletting to an Affiliate, Subsidiary, or Successor of Concessionaire. For purposes hereof, an "Affiliate", a "Subsidiary", and a "Successor" of Concessionaire are defined as follows: (a) an "Affiliate" is any corporation or other entity which directly or indirectly controls or is controlled or is under common control with Concessionaire (for purposes of this Section, "control" shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such corporation or other entity, whether through the ownership of voting securities or by contract or otherwise); (b) a "Subsidiary" shall mean any corporation or other entity not less than twenty-five percent (25%) of whose outstanding stock shall, at the time, be owned directly or indirectly by Concessionaire and which is at least as creditworthy as Concessionaire; and (c) a "Successor" shall mean a corporation or other entity in which or with which Concessionaire is merged or consolidated, in accordance with applicable statutory provisions for merger or consolidation of corporations or a corporation or other entity acquiring a substantial portion of the property and assets of Concessionaire. 13.3 Continuing Effect. City's consent to any assignment or encumbrance shall not relieve Concessionaire from its obligations or liabilities under this Agreement nor act as a waiver of the requirement that such consent be obtained to any subsequent assignment or encumbrance. 14. DEFAULT 14.1 Default by Concessionaire. The occurrence of any one (1) or more of the following events shall constitute a default and material breach of this Agreement by Concessionaire: (a) The vacating or abandonment of the Premises by Concessionaire; (b) The failure by Concessionaire to make any payment of Rent or any other payment required by this Agreement, as and when due, when such failure shall continue for a period of ten (10) calendar days after written notice of default from City to Concessionaire; (c) Except as specified in Subsection 14.1(b), the failure of Concessionaire to observe or perform any of the material covenants, conditions or provisions of this Agreement to be observed or performed by Concessionaire where such failure shall continue for a period of thirty (30) calendar days after written notice thereof from City to Concessionaire; provided, however, that if the nature of Concessionaire's default is such that more than thirty (30) calendar days are reasonably required for its cure, then Concessionaire shall not be deemed to be in default if Concessionaire commences such cure within said thirty (30) calendar day period and thereafter diligently prosecutes such cure to completion; (d) The making by Concessionaire of any general arrangement or assignment for the benefit of creditors; (e) Concessionaire becomes a "debtor" as defined in 11 U.S.C. Section 101 or any successor statute thereto (unless, in the case of a petition filed against Concessionaire, the same is dismissed within sixty (60) calendar days); (f) The appointment of a trustee or receiver to take possession of substantially all of Concessionaire's assets located at the Premises or of Concessionaire's interest in this Agreement, where such appointment is not discharged within sixty (60) calendar days; and (g) The attachment, execution or the judicial seizure of substantially all of Concessionaire's assets located at the Premises or of Concessionaire's interest in this Agreement, where such seizure is not discharged within sixty (60) calendar days. 14.2 Remedies. (a) Cumulative Nature of Remedies. If any default by Concessionaire shall continue without cure as required by this Agreement, City shall have the remedies described in this Section in addition to all other rights and remedies provided by law or equity, to which City may resort cumulatively or in the alternative. (1) Re-entry without Termination. City may re-enter the Premises, and, without terminating this Agreement, re -let all or a portion of the Premises. City may execute any agreements made under this provision in City's name and shall be entitled to all rents from the use, operation, or occupancy of the Premises. Concessionaire shall nevertheless pay to City on the dates specified in this Agreement the equivalent of all sums required of Concessionaire under this Agreement, plus City's expenses in conjunction with re -letting, less the proceeds of any re -letting or atonement. No act by or on behalf of City under this provision shall constitute a Termination of this Agreement unless City gives Concessionaire specific written notice of Termination. (2) City may terminate this Agreement by giving Concessionaire written notice of Termination with a specified termination date. In the event City terminates this Agreement, City may recover possession of the Premises (which Concessionaire shall surrender and vacate upon demand) and remove all Persons and property. City shall be entitled to recover the following as damages; (A) The value of any unpaid Rent or other charges that are unpaid at the time of Termination; (B) The value of the Rent and other charges that would have accrued after Termination less the amount of Rent and charges the City received or could have received through the exercise of reasonable diligence as of the date of the award; (C) Any other amount necessary to reasonably compensate City for the detriment proximately caused by Concessionaire's failure to perform its obligations under this Agreement; and (D) At City's election, such other amounts in addition to or in lieu of the foregoing as may be permitted from time -to -time by applicable California law. City shall be entitled to interest at the rate of ten percent (10%) per annum on all Rent and other charges from the date due or the date they would have accrued. City shall also be entitled to an award of the costs and expenses incurred by City in maintaining or preserving the Premises after default, preparing the Premises for re - letting, or repairing any damage caused by an act or omission of Concessionaire. (3) Use of Concessionaire's Personal Property. City may use Concessionaire's personal property and trade fixtures located on the Premises or any of such property and fixtures without compensation or liability to Concessionaire for use or damage. In the alternative City may store the property and fixtures at the cost of Concessionaire. City shall not operate the Concession in any manner tending to indicate that the Concession is affiliated with, part of or operated in conjunction with Concessionaire's business. (b) City's Right to Cure Concessionaire's Default. Upon continuance of any material default beyond applicable notice and cure periods, City may, but is not obligated to, cure the default at Concessionaire's cost. If City pays any money or performs any act required of, but not paid or performed by, Concessionaire after notice, the payment and/or the reasonable cost of performance shall be due as additional Rent not later than five (5) calendar days after service of a written demand accompanied by supporting documentation. No such payment or act shall constitute a waiver of default or of any remedy for default or render City liable for any loss or damage resulting from performance. 15. WASTE OR NUISANCE Concessionaire shall not commit or permit the commission of any waste on the Premises. Concessionaire shall not maintain, commit, or permit any nuisance as defined in Section 3479 of the California Civil Code on the Premises. Concessionaire shall not use or permit the use of the Premises for any unlawful purpose. 16. NO CONFLICTS OF USE, HAZARDOUS MATERIALS. City represents and warrants that, to the best of Citys knowledge, (i) Concessionaire's use of the Premises does not conflict with applicable Laws, and City knows of no reason why Concessionaire would be unable to obtain all required permits, licenses and approvals from the appropriate governmental authorities; (ii) the Project is not in violation of any environmental laws, rules or regulations and Concessionaire's contemplated uses will not cause any such violation; and (iii) the Project is free of any and all Hazardous Materials as of the date of this Agreement. In the event that the presence of any Hazardous Materials not caused by Concessionaire is detected at the Project at any time during the Term of this Agreement and any Option Term all remedial work shall be performed by City at City's expense. Concessionaire's obligation to open shall be delayed until the remedial work is completed if the remedial work is performed prior to Concessionaire opening for business. Concessionaire's obligation to pay Rent shall be abated in direct proportion to the extent Concessionaire is unable to conduct its business upon the Premises as a result of any remedial work that is performed subsequent to Concessionaire opening for business. Concessionaire shall have the right (but not the obligation) to terminate this Agreement, upon thirty (30) calendar days advance written notice to City in the event that Hazardous Materials are detected at the Project and the presence or the remediation materially affects Concessionaire's ability to conduct its business in the Premises. "Hazardous Materials" shall mean any oil, flammable explosives, asbestos, urea formaldehyde, radioactive materials or waste, or other hazardous, toxic, contaminated or polluting materials, substances or wastes, including, without limitation, any "hazardous substances", "hazardous wastes", "hazardous materials" or "toxic substances" under applicable federal, state and local laws, ordinances and regulations. 17, CITY'S DEFAULTS/CONCESSIONAIRE'S REMEDIES. City shall be in default if it fails to perform, or commence performance if the obligation requires more than ten (10) calendar days to complete, any material obligation within ten (10) calendar days after receipt of written notice by Concessionaire to City specifying the nature of such default. City shall also be in default if it commences performance within ten (10) calendar days but fails to diligently complete performance. In the event of City's default, Concessionaire may: (a) Upon five (5) calendar days written notice to City, cure any such default, and City shall reimburse Concessionaire the amount of all costs and expenses incurred by Concessionaire in curing the default, together with interest and expenses at the maximum rate then allowed by law; or (b) Terminate this Agreement if City's default materially interferes with Concessionaire's use of the Premises for its intended purpose and City fails to cure such default within ten (10) calendar days after a second written demand by Concessionaire in which case Concessionaire shall have no further or continuing obligations. 18. EVENT OF BANKRUPTCY (a) If this Agreement is assigned to any person or entity pursuant to the provisions of the Bankruptcy Code, 11 U.S.C. Sections 101 et seq. or any similar or successor statute ("Bankruptcy Code"), any and all monies or other consideration payable or otherwise to be delivered in connection with such assignment shall be paid or delivered to City, shall be and remain the exclusive property of City and shall not constitute property of Concessionaire or of the estate of Concessionaire within the meaning of the Bankruptcy Code. Any and all monies or other consideration constituting City's property under this Section not paid or delivered to City shall be held in trust for the benefit of City and be promptly paid or delivered to City. (b) Any person or entity to which this Agreement is assigned pursuant to the provisions of the Bankruptcy Code shall be deemed without further act or deed to have assumed all of the obligations arising under this Agreement on and after the date of such assignment, including the obligation to operate the business which Concessionaire is required to operate under this Agreement. 19. NOTICES. Any notice, demand, request, consent, approval or communication that either party desires or is required to give shall be in writing and shall be deemed given three (3) calendar days after deposit into the United States registered mail, postage prepaid, by registered or certified mail, return receipt requested. Unless notice of a different address has been given in accordance with this Section, all notices shall be addressed as follows: If to City, to: CITY OF NEWPORT BEACH Attn: Real Property Administrator 100 Civic Center Drive P.O. Box 1768 Newport Beach, CA 92658 If to Concessionaire, to: (949) 644-3236 24 CARROTS LLC Attn: Jon Brown 17851 Sky Park Circle Suite F Irvine, CA 92614 20. SURRENDER OF PREMISES At the Expiration or earlier Termination of this Agreement, Concessionaire shall surrender to City the possession of the Premises. Concessionaire shall leave the surrendered Premises, required personal property, equipment and fixtures, in good and broom -clean condition, reasonable wear and tear excepted. All property that Concessionaire is not required to surrender, but that Concessionaire does abandon shall, at City's election, become City's property at Expiration or Termination. City shall owe no compensation to Concessionaire for any personal property, equipment or fixtures left at the Premises by Concessionaire at the Expiration or Termination of this Agreement. 21. COMPLIANCE WITH ALL LAWS Concessionaire shall at its own cost and expense comply with all statutes, ordinances, regulations and requirements of all governmental entities, including federal, state, county or municipal, whether now in force or hereinafter enacted. In addition, all work prepared by Concessionaire shall conform to applicable City, county, state and federal laws, rules, regulations and permit requirements and be subject to approval of the City Manager or his/her designee. 22. WAIVERS The waiver by either party of any breach or violation of any term, covenant or condition of this Agreement, or of any ordinance, law or regulation, shall not be deemed to be a waiver of any other term, covenant, condition, ordinance, law or regulation, or of any subsequent breach or violation of the same or other term, covenant, condition, ordinance, law or regulation. The subsequent acceptance by either party of any fee, performance, or other consideration which may become due or owing under this Agreement, shall not be deemed to be a waiver of any preceding breach or violation by the other party of any term, condition, covenant of this Agreement or any applicable law, ordinance or regulation. 23. SEVERABILITY If any term or portion of this Agreement is held to be invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions of this Agreement shall continue in full force and effect. 24. APPLICABLE LAW This Agreement shall be construed in accordance with the laws of the State of California in effect at the time of the execution of this Agreement. Any action brought relating to this Agreement shall be adjudicated in a court of competent jurisdiction in the County of Orange. 25. ENTIRE AGREEMENT; AMENDMENTS 25.1 The terms and conditions of this Agreement, all exhibits attached, and all documents expressly incorporated by reference, represent the entire agreement of the parties with respect to the subject matter of this Agreement. 25.2 This Agreement shall supersede any and all prior agreements, oral or written, regarding the subject matter between Concessionaire and City. 25.3 No other agreement, promise or statement, written or oral, relating to the subject matter of this Agreement, shall be valid or binding, except by way of a written amendment to this Agreement. 25.4 The terms and conditions of this Agreement shall not be altered or modified except by a written amendment to this Agreement signed by Concessionaire and the City Manager or his/her designee. 25.5 If any conflicts arise between the terms and conditions of this Agreement, and the terms and conditions of the attached exhibits or the documents expressly incorporated by reference, the terms and conditions of this Agreement shall control. 25.6 Any obligation of the parties relating to monies owed, as well as those provisions relating to limitations on liability and actions, shall survive termination or expiration of this Agreement. 25.7 Each party has relied on its own inspection of the Premises and examination of this Agreement, the counsel of its own advisors, and the warranties, representations, and covenants in this Agreement. The failure or refusal of either party to inspect the Premises, to read this Agreement or other documents, or to obtain legal or other advice relevant to this transaction constitutes a waiver of any objection, contention, or claim that might have been based on such reading, inspection, or advice. 26. TIME IS OF THE ESSENCE Time is of the essence for this Agreement. 27. SUCCESSORS Subject to the provisions of this Agreement on assignment and subletting, each and all of the covenants and conditions of this Agreement shall be binding on and shall inure to the benefit of the heirs, successors, executors, administrators, assigns, and personal representatives of the respective parties. 28. INTERPRETATION The terms of this Agreement shall be construed in accordance with the meaning of the language used and shall not be construed for or against either party by reason of the authorship of this Agreement or any other rule of construction which might otherwise apply. 29. TABLE OF CONTENTS; HEADINGS The table of contents of this Agreement and the captions of the various sections of this Agreement are for convenience and ease of reference only and do not define, limit, augment, or describe the scope, content, or intent of this Agreement. 30. GENDER; NUMBER The neuter gender includes the feminine and masculine, the masculine includes the feminine and neuter, and the feminine includes the neuter, and each includes corporation, partnership, or other legal entity whenever the context requires. The singular number includes the plural whenever the context so requires. 31. EXHIBITS All exhibits to which reference is made in this Agreement are incorporated by reference. Any reference to "this Agreement" includes matters incorporated by reference. 32. CITY BUSINESS LICENSE Concessionaire shall obtain and maintain during the duration of this Agreement, a City business license as required by the Newport Beach Municipal Code. 33. COSTS AND ATTORNEYS FEES The prevailing party in any action brought to enforce the terms and conditions of this Agreement, or arising out of the performance of this Agreement, shall not be entitled to recover its attorneys' fees. 34. NONDISCRIMINATION Concessionaire, for itself and its successors, agrees that in the performance under this Agreement, Concessionaire shall not discriminate against any person because of the marital status or ancestry of that person or any characteristic listed or defined in Section 11135 of the Government Code. [Signature page follows] IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above. APPROVED AS TO FORM: THE CITY ATTO NEY'S OFFICE Date: 13 By: Aaron C. a City Attorney ATTEST: Date: 1 • / 13 By: Leilani I. Brown City Clerk CITY OF NEWPORT BEACH, a California municipal corporation Date: '1IIv1N-3 By: David Kiff City Manager CONCESSIONAIRE: 24 CARROTS, LLC, a California li ited liability corporation Date: le \ Norman Bennett Managing Me ber By: Date: By: Jonathan Brown Managing Memb [End of Signatures] 3 EXHIBIT "A" Premises' Depiction EXHIBIT "B" See Attached Cafe and Catering Menus Fresh, Gourmet Quality Food - Fast Order online at www.24atTheMichelson.com 3161 Michelson Drive, Irvine, CA 92612 • Tel: 949.379.7180 Beef & Bleu $7.95 Ciabatta roll, roast beet bleu cheese, tomato, red onion, organic spinach, and ranch dressing. (Sub. Brie cheese at no additional charge) The Cobb $7,95 Herbed tocaccia, grilled chicken breast, bacon, crumbled bleu cheese. avocado, lettuce, tomato, and mayo. The Michelson $7.95 Rustic French roll, oven -roasted turkey, smoked ham, muenster, avocado, bacon,mayo, stone ground mustard, lettuce and tomato. Seared Tuna Wrap $8.95 Apricot ginger chutney, edamame, asian slaw, and seared tuna in a whote wheat wrap. BIG BLT 55.95 Bacon, tettuce, tomato, and mayo on country white Smoked Ham 55.95 Rye with swiss cheese, mayo, lettuce, and tomato_ Chicken Salad ' S5.95 Whole grain bread, chicken salad with tarragon 8 sliced apple(Sub. Tuna Salad at no additional charge) Cobb $8.50 Hearts ofromaine, grated carrots, green onions, gritted chicken bacon, chopped egg, bleu cheese, avocado, tomato, croutons, and ranch dressing Mediterranean $7.95 Hearts of romaine, katamata olives, tomato, cucumber, red onion, chickpeas, feta cheese, artichoke hearts, and herbed-dijon vinaigrette. Small Garden Salad $4.35 Small Garden Salad & Large Soup $7.95 COOL SANDWICHES & WRAPS Accessorize It! Include any side and a 20 oz. Coca -Coca fountain drink for $2,95 Turkey Cranberry $7,50 Goat cheese, watercress, arugula, cranberry compote, and roasted turkey on cranberry walnut bread. Chicken Pesto 56.95 Rustic French roll, grilled chicken breast, arugula, balsamic, and basil pesto mayo. Grilled Vegetable Wrap (or Sandwich) $6,95 Grilled vegetables, feta cheese. balsamic onions, and olive vinaigrette in a whole wheat wrap. Grilled Chicken Wrap $6.95 Spinach, roasted peppers, tomatoes, pesto, and balsamic vinaigrette in a spinach wrap. CLASSIC SANDWICHES , Enhance Iti Include any side and a 20 oz. Coca-Cola fountain drink for $2.95 Roasted Turkey & Muenster Fresh sourdough bread, oven -roasted tomato... $5.95 ey, mayo, lettuce, and Roast Beef & Cheddar 55.95 Roast beef and melted cheddar on sourdough, with horseradish mayo, arugula, and tomato SIGNATURE SALADS Organic Spinach & Bacon $7,95 Organic spinach, red onion, grated carrots, mushrooms, chopped egg, bacon, avocado, tomato, croutons, and poppy seed dressing. Asian Chicken Salad $7,95 Crisp salad mix, carrots, scallions, snow peas, crunchy wontons, sweet belt peppers, grilled chicken, and sweet sesame dressing Caesar $6.50 Hearts of romaine, shaved parmesan, croutons, and Caesar dressing, (Add grilled chicken for $1.95) Spinach, Strawberry & Feta $7.95 Organic spinach, feta cheese, fresh strawberries, candied walnuts, and raspberry vinaigrette dressing., HOT SANDWICHES Do It Up! Include any side and a 20 oz. Coca-Cola fountain drink for $2.95 Toasted Cheese Sandwich $5.75 Cheddar & muenster, gruyere & swiss, or mozarrella & fontina on sliced sourdough. (Add ham or bacon for $100) Toasted Ham & Gruyere $6.95 Smoked ham & gruyere with pear and whole grain mustard on cranberry walnut bread. Grilled Chile Chicken $7,75 Gritted chicken, pasilla chills, melted tomatoes, and jack cheese on a potato bun. FLATBREAD PIZZAS Quattro Formaggio Pizza $6.95 Gruyere, fontina, mozzarella, and swiss with tomato -basil sauce, (Add pepperoni for $0.80) BBQ Chicken Pizza $7.95 Muenster cheese. barbecued chicken, red onion, and chopped cilantro, Mediterranean Pizza $7,95 Mozzarella, artichoke hearts, sundried tomato, and katamata olives with a pesto sauce. SOUP & HALF SANDWICH Choice of Soup & Half Classic Sandwich $7.50 Choice of Soup & Half Cool Sandwich $8.50 SOUPS & SIDES Soup du Jour $3,25 / $4.50 Tomato -Basil Bisque $3.25 / $4.50 Seasonal Fresh Fruit $3.25 Assorted Chips $1.75 Potato Salad $1.95 Cole Slaw $1.95 Side Salad $1.95 Grilled Chicken & Boursin $7.75 Grilled chicken, boursin cheese, melted tomatoes, and aruguta on a French roll. BBQ Pulled Pork $7.75 Topped with cote slaw on a toasted ciabatta roll. Meatball Sandwich $7.50 Homemade meatballs with rustic mannara and provolone cheese on a French rolt. Tuna Melt 57.25 Tuna salad with melted muenster on country white with avocado, tomato, and mayo. HOT BREAKFAST HOT BEVERAGES Add A Small Coffee ad OR '. Choose Your Style Scrambled en sentlwrched-in rapped -up, or Egg & Cheese 54.25 Egg, Cheese & Bacon s4.95 Egg, Cheese & Sausage $4.95 Egg, Cheese & Ham $4.95 Veggie, Egg & Cheese $4.95 GET UP & GO BREAKFAST Steel Cut Oatmeal $4.25 Choose ore topping: Raisins, drneo cranberries. banana, candiau pecans. Add milk and brown sugar upon segues Whole Fresh Fruit 51.25 Apple, orange or banana. Yogurt, Fresh Fruit & Granola $4.35 Seasonal Fresh Fruit $3.25 Beverage. Small / Medium / Large Hot Tea 51.75 / 51.95 / 52.35 Coffee $1.50/$1.85/$2.00 Hot Chocolate 52.30 / s2.65 / s2.95 Chai Tea Latte $2,95 / $3.50 / $3.95 ESPRESSO BEVERAGES Beverage Tall / Grande / Venti Cafe American $2,00 / $2,35 / $2.65 Cafe Latte $2.65 / $3.45 / $4.10 Flavored Latte 53.05 / 53.85 / 54.10 Cappuccino `.... ............ ................ ....:$2.65 / $3,45 / 53.70 Cafe Mocha 53.05 / $3.85 / $4,10 Cafe White Mocha 53.50 / $4.20 /$4.50 Caramel Macchiato $3,25 / $3,95 / $4.25 Espresso 51.75 / $1.95 / --- EETS & PASTRIES BLENDED FRAPP Coffee Cake 2.25 Muffins Scones s2.25 Croissants s2.25 Breakfast Breads 52.25 Chocolate Croissants $2.25 Assorted Bagels & Cream Cheese 51.95 Cinnamon Roll $2.25 Assorted Cookies $1.95 Hours of Operation Mon -Fri: 7::30am-4:OOpm. Sat -Sun: closed Beverage Tall / Grande / Ven Coffee ..... .:. .....:.:. ..._..:..... $3.15 t $3.65 /.$4.1 Mocha, Java Chip, Caramel 53.65 / $4.15 / $4.5 Breakfast served until 10:30am Tired of waiting in fine? Order online! www.24atTheMichetson.com 2 4 carrots CORPORATE CATERING WEEKDAY BREAKFAST & LUNCH MENU ORANGE COUNTY EDITION 10 PERSON MINIMUM PER ORDER 800.717.1545 WWW.24CARROTS.COM 800.717.1545 BREAKFAST... CALIFORNIA CONTINENTAL: DANISH PASTRIES, ASSORTED MUFFINS, CROISSANTS & BREAKFAST BREADS PRE- SENTED WITH BUTTER, FRUIT PRESERVES AND FRESH BREWED COFFEE ... $6.25 PP ADD FRESH FRUIT PLATTER $2.45PP THE HEALTH NUT: OUR BEAUTIFUL FRESH FRUIT DISPLAY SERVED WITH INDIVIDUAL YOGURTS, GRANOLA, LOW FAT MUFFINS AND BREAKFAST BREADS WITH BUTTER AND PRESERVES. INCLUDES FRESH BREWED COFFEE ... $$.95 PP THE O.C. BREAKFAST: FARM FRESH EGGS SCRAMBLED WITH CHEDDAR CHEESE. INCLUDES CHOICE OF HAM, BACON OR SAUSAGE, CHOICE OF HOME -STYLE POTATOES OR BAKED PARMESAN TOMATOES AND FRESH BAKED BREAKFAST PASTRIES... $3.95 PP — ADD FRESH FRUIT PLATTER $2.45PP THE `BIG BREAKFAST WRAP: A CLIENT FAVORITE) SCRAMBLED EGGS, HOME -STYLE POTATOES & CHEESE FILLED WITH YOUR CHOICE OF THREE OF THE FOLLOWING: CHORIZO, BACON, SAUSAGE, GREEN ONION, BLACK OLIVES, MUSHROOMS, FRESH TOMATO, BELL PEPPERS OR CHILIES WRAPPED IN A WARM FLOUR TORTILLA AND SERVED WITH FRESH SALSA... $6.45 PP — ADD FRESH FRUIT PLATTER $2.45PP EGG STRATA-NAI RE: CHOOSE FROM OUR GARDEN VEGETABLE WITH CHEESE—SOUTHWESTCHIPOTLE— BROCCOLI & CHEDDAR — BACON, ONION AND SWISS OR MUSHROOM, SPINACH AND FETA. INCLUDES HOME -STYLE POTATOES ... $9.25 PP ADD FRESH FRUIT PLATTER $2.45PP THE SANTA FE SCRAMBLE: SCRAMBLED EGGS WITH QUESO FRESCO, TORTILLA STRIPS, FRESH TOMATOES, ORTEGA CHILIES, GREEN ONIONS & BLACK OLIVES. INCLUDES WARM FLOUR TORTILLAS, HOMEMADE SALSA AND CHOICE OF BLACK BEANS OR HOME -STYLE POTATOES ... $8.95 PP —ADD FRESH FRUIT PLATTER $2.45PP. CREAM CHEESE STUFFED OR CReME BRULEE FRENCH TOAST: FRENCH TOASTSTUFFEDWITH CREAM CHEESE AND TOPPED WITH YOUR CHOICE OF FRESH STRAWBERRIES OR WARM SPICED APPLES. INCLUDES MAPLE, BOYSENBERRY OR BLUEBERRY SYRUP AND CHOICE OF BACON, SAUSAGE OR HAM ... $8.45 PP — ADD FARM FRESH SCRAMBLED EGGS WITH CHEDDAR CHEESE ... $2.00PP THE BREAKFAST CROISSANT: SCRAMBLED EGGS WITH CHEDDAR CHEESE AND CHOICE OF BACON, SAUSAGE, OR CANADIAN BACON ON A LARGE BUTTER CROISSANT WITH SLICED AVOCADO, TOMATO & BERMUDA ONION. INCLUDES HOME -STYLE POTATOES ... $7.95 PP ADD FRESH FRUIT PLATTER $2.45PP FOR THE BOARD ROOM: GRILLED PETITE FILET MIGNON SERVED WITH SCRAMBLED EGGS & CHEDDAR. IN- CLUDES OUR FRESH FRUIT DISPLAY, BREAKFAST PASTRIES, HOME -STYLE POTATOES AND FRESH COFFEE ... $23.95 PP GRIDDLES $t. EGGS STATION: (REQUIRES CHEF & GRIDDLE RENTAL) BUTTERMILK PANCAKES & SCRAMBLED EGGS COOKED FRESH ON -SITE AND SERVED WITH CHOICE OF SLICED STRAWBERRIES OR SPICED APPLE. INCLUDES BUTTER, WHIPPED CREAM AND MAPLE SYRUP, AND CHOICE OF BACON, SAUSAGE OR HAM ... $9.95 PP — ADD FRESH FRUIT PLATTER $2.45PP — ADD FARM FRESH SCRAMBLED EGGS WITH CHEDDAR CHEESE ... $2.00PP EXCEPTIONAL BREAKFAST OPTIONS: COOKED -To -ORDER OMELETS STATION — CREPES STATION - Eccs BENEDICT— FRITTATA WITH POTATO, LEEKS & GRUYERE —SMOKED SALMON WITH BAGELS & CREAM CHEESE ... www.24corrots.com 800.717.1545 SANDWICHES & WRAPS .. . ASSORTED DELI SANDWICHES: FRESH BAKED KAISER, FOCACCIA, CIABATTA OR SLICED WHITE OR WHEAT BREAD WITH CHOICE OF THREE: ROAST BEEF, DELI HAM, ROAST TURKEY BREAST, TUNA SALAD, VEGETARIAN OR CHICKEN SALAD. INCLUDES RELISH TRAY & CHEESE ... $6.45 PP CROISSANTS ADD $1.45PP MINI DELI SANDWICHES: (2 EACH) SAME SELECTIONS AS ASSORTED DELI SANDWICHES EXCEPT PREPARED ON MINI ROLLS. INCLUDES RELISH TRAY WITH CHEESE ... $6.45 PP GRILLED CHICKEN CLUB: GRILLED CHICKEN BREAST, SWISS CHEESE, AVOCADO, BACON, GREEN LETTUCE AND OUR OWN SUN-DRIED TOMATO MAYO, SERVED ON SOURDOUGH BREAD ... $7.95 PP - CROISSANTS ADD $1.45PP TURKEY CRANBERRY SANDWICH: ROAST TURKEY BREAST ON CRANBERRY WALNUT BREAD WITH GREEN LEAF LETTUCE, RED ONION, HORSE RADISH MAYO AND CHOPPED CRANBERRIES . , $6.75 PP CHICKEN FOCACCIA: ROASTED CHICKEN BREAST WITH ARUGULA, ROASTED BELL PEPPERS AND A GARLIC MOLL SERVED ON FRESH BAKED FOCACCIA BREAD ... $6.75 PP GRILLED VEGGIE BAGUETTE: EGGPLANT,ZUCCHINI, ONION, PEPPERS, CROOKNECK, BOURSIN HERB CHEESE, SUNDRIED TOMATO RELISH & PESTO (SERVED COLD) ... $6.95 PP TURKEY & AVOCADO FOCACCIA: ROAST TURKEY BREAST, AVOCADO, SWISS CHEESE, LETTUCE AND TOMATO ON OUR FRESH BAKED FOCACCIA BREAD ... $6.95 PP COBB SANDWICH: HERBED FOCACCIA, GRILLED CHICKEN BREAST, BACON, CRUMBLED BLEU CHEESE, AVOCADO, LETTUCE, TOMATO & MAYO ... $7.95 PP "BIG" BLT SANDWICH: COUNTRY WHITE BREAD, BACON, BACON AND MORE BACON, LETTUCE, TOMATO AND MAYO... $6.45 PP CHICKEN CAESAR WRAP: GRILLED CHICKEN BREAST, ROMAINE LETTUCE & PARMESAN CHEESE TOSSED IN OUR CAESAR DRESSING & WRAPPED IN A FLOUR TORTILLA... $6.95 PP CHICKEN FAJITA WRAP: GRILLED CHICKEN BREAST WITH SAUTEED PEPPERS & ONIONS, LETTUCE, TOMATOES, CHIPOTLE AIOLI AND A CREAMY CILANTRO LIME DRESSING WRAPPED IN A FLOUR TORTILLA. .. $6.75 PP GRILLED VEGETABLE WRAP: EGGPLANT, ZUCCHINI, YELLOW CROOKNECK, RED BELL PEPPER WITH FETA CHEESE AND A SUN DRIED TOMATO PESTO WRAPPED IN A FLAVORED TORTILLA ... $6.45 PP CHICKEN PESTO WRAP: GRILLED CHICKEN BREAST, ROASTED PEPPERS, TOMATO, SPINACH LEAVES, TOASTED PINE NUTS AND OUR PESTO SAUCE WRAPPED tN A FLAVORED TORTILLA . , . $6,95 PP SIDES SOLD INDIVIDUALLY ON FOL ALL SERVED BUFFET STYLE, BOXED LUNCHES AVAILABLE UPON. REQUEST.`:- w.24carrots.com 800.717.1545 DELI SIDES TEX-MEX CAESAR SALAD $2.95 PP CARDEN SALAD WITH DRESSING $1.95 PP CALIFORNIA PASTA SALAD $1.95 PP RED POTATO SALAD $1.95 PP HOMEMADE TABOULI $2.95 PP COOL CUCUMBER & DILL $1.95 PP FRESH FRUIT DISPLAY ....... , $2.95 PP SWEET CORN WITH BLACK BEANS $1.95 PP CLASSIC CAESAR SALAD $2.45 PP ORIENTAL CHOPPED SALAD $2.95 PP ASIAN NOODLE SALAD $2.95 PP HONEY DIJON COLESLAW .........$1.95 PP "KICKED UP" BAJA SLAW..:$1.95 PP ASSORTED CHIPS'........`$145 PP WHOLE FRUIT:$1.95 PP VEGGIES & DIP.:'.....'$2.95 PP DRESSING CHOICES BUTTERMILK RANCH — BLEU CHEESE — RASPBERRY VINAIGRETTE— -(ORIENTAL SESAME I-- ITALIAN —TEX-MEX CAESAR —THOUSAND ISLAND -- FAT -FREE ITALIAN — FAT -FREE RANCH — HONEY DIJON CLASSIC CAESAR — BALSAMIC VINAIGRETTE — MEDITERRANEAN HERB MID AFTERNOON SNACKS ASSORTED GRANOLA BARS . $1.25 PER PERSON POWER BARS . $2.45 PER PERSON POPCORN - BUTTERED, CHEESE OR CARAMEL $1.95 PER PERSON INDIVIDUAL CANDY BARS ASSORTMENT (1 EACH) $1.45 PER PERSON CHIPS & DIP $2.45 PER PERSON NOVELTY ICE CREAM BARS & CUPS $2.25 PER PERSON BUILD YOUR OWN SUNDAE (MINIMUM 25 GUESTS) $5.95 PER PERSON WHOLE FRESH FRUIT $1.95 PER PERSON CUT FRESH FRUIT DISPLAY $2.95 PER PERSON INDIVIDUAL YOGURT CUPS $1.45 PER PERSON INDIVIDUAL YOGURTS WITH GRANOLA $2.45 PER PERSON DOMESTIC CHEESE WITH FANCY CRACKERS & FRENCH BAGUETTE $5.95 PER PERSON HOMEMADE BRUSCHETTA WITH BITE SIZE GARLIC CROSTINI'S $2.95 PER PERSON VEGGIE TRAY WITH BUTTERMILK RANCH DPP $2.95 PER PERSON www.24carrots.com 800.717.1545 INDIVIDUAL LUNCHEON SALADS... CLASSIC COBB. CHOPPED ASSORTED GREENS WITH GRILLED CHICKEN BREAST, CHOPPED TOMATO, EGG, OLIVES, AVOCADO, BLEU CHEESE CRUMBLES, BACON AND CHOICE OF DRESSING, SERVED WITH ROLLS AND BUTTER ... $8,95 PP TEX-MEX CHICKEN CAESAR: CLASSIC ROMAINE GREENS TOPPED WITH GRILLED CHICKEN BREAST, CHOPPED TOMATO, SWEET CORN, FRESH CILANTRO, PEPITAS AND TORTILLA STRIPS SERVED WITH OUR SOUTHWEST CAESAR DRESSING ... $8.95 PP CHINESECHICKEN SALAD. SHREDDED NAPA & BOCK CHOY WITH GRILLED CHICKEN BREAST, SNOW PEAS, RED BELL PEPPER, BEAN SPROUTS, WATER CHESTNUTS, MANDARIN SEGMENTS AND CRISPY NOODLES WITH OUR CHINESE SESAME DRESSING. INCLUDES SOFT ROLLS AND BUTTER... $9.95 PP GRILLED CHICKEN CAESAR: TENDER ROMAINE HEARTS WITH SOURDOUGH CROUTONS, PARMESAN CHEESE, GRILLED CHICKEN BREAST AND OUR CAESAR DRESSING. SERVED WITH FRESH AKED FOCACCIA BREAD ... $8.95 PP TACO SALAD: CHOICE OF TASTY SHREDDED BEEF OR GRILLED CHICKEN BREAST WITH CHOPPED GREENS, iDICED TOMATOES, BLACK OLIVES, I SHREDDED CHEESE, REFRIED BEANS, GUACAMOLE, SOUR CREAM, TORTILLA STRIPS & HOME-MADE SALSA ... $8.95. PP ANTIPASTO SALAD: TENDER ROMAINE HEARTS WITH TOMATO, OLIVES, PEPPEROCINI, THINLY SLICED SALAMI, ARTICHOKE HEARTS & PROVOLONE CHEESE WITH ITALIAN DRESSING. SERVED WITH FRESH BAKED FOCACCIA BREAD ... $8.95 PP GREEK CHICKEN SALAD: CRISP ROMAINE GREENS, GRILLED CHICKEN BREAST, CUCUMBER, TOMATO, ARTICHOKE HEARTS, RED ONIONS, KALMATA OLIVES, AND FETA CHEESE WITH OUR MEDITERRANEAN HERB VINAIGRETTE. SERVED WITH FRESH BAKED FOCACCIA BREAD... $9.95 PP CHEFS SALAD: WITH JULIENNE CHICKEN OR TURKEY, HAM, SWISS CHEESE, HARD BOILED EGG, BACON CRUMBLES AND TOMATO WEDGES WITH CHOICE OF DRESSING. SERVED WITH SOFT ROLLS AND BUTTER... $9.95 PP DRESSING CHOICES BUTTERMILK RANCH — BLEU CHEESE — RASPBERRY VINAIGRETTE -- ORIENTAL SESAME — ITALIAN—TEX-MEX CAESAR THOUSAND ISLAND — FAT -FREE ITALIAN — FAT -FREE RANCH — HONEY DIJON — CAESAR — BALSAMIC VINAIGRETTE— MEDITERRANEAN HERB SALADS ARE PREPARED AS INDIVIDUAL SERVINGS. www.24carrots.com 800.717.1545 HOT ENTREES BAKED OR WHIPPED POTATO BAR: INCLUDES BUTTER, SOUR CREAM, CHIVES, CRISP BACON CRUME CHEDDAR CHEESE AND CHOICE OF EITHER HOMEMADE CHILI, STEAMED VEGGIES ALFREDO, OR BEEF STROGANO. INCLUDES GARDEN SALAD WITH CHOICE OF DRESSING AND CORN BREAD WITH HONEY BUTTER ... $11.95 PP EGGPLANT PARMESAN: WITH GARDEN FRESH VEGETABLES OUR HOMEMADE MARINARA SAUCE. INCLUDES CHOICE OF SALAD A BREAD ... $10.4S PP NNE PASTA, CHEESE AND FRESH BAKED FOCACCIA GRILLED SAUSAGE & PEPPERS: VARIETY OF SAUSAGES, PEPPERS & ONIONS GRILLED AND SERVED WITH EITHER SPICY OR HONEY MUSTARD DIP, CHOICEOFTWO ENTREE SIDES AND GARDEN SALAD WITH DRESSING ... $11.45 PP T GRILLED PORK ENDER LOIN: WITH OUR SAGE INFUSED GRAVY AND CHOICE OF TWO ENTREE SIDES, GARDEN SALAD AND SOFT BAKED ROLLS WITH BUTTER ... $14.95 PP CIDER BROWN SUGAR GLAZED HAM: WITH CHOKE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $12.45 PP ROASTED TURKEY MEDALLIONS WA GRAVY: INCLUDES HOME -STYLE STUFFING, WHIPPED BUTTERED POTATOES, SEASONAL VEGETABLE MEDLEY, CRANBERRY RELISH, CHOICE OF SALAD AND SOFT ROLLS WITH BUTTER... $12.95 PP KAHLUA PULLED PORK: SERVED WITH SWEET HAWAIIAN ROLLS, POLYNESIAN RICE, STIR -FRY VEGETABLES, AND OUR SPINACH AND MANDARIN SALAD WITH ORIENTAL DRESSING ... $11.95 PP ROSEMARY GARLIC MEATLOAF: NESTLED IN OUR BROWN GRAVY AND SERVED WITH BUTTERED WHIPPED POTATOES, SEASONAL VEGETABLE MEDLEY, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $12.45 PP FRESH FISH .. . POACHED SALMON: DELICATELY POACHED IN WHITE WINE AND SERVED WITH CHOICE OF CILANTRO LIME OR DILL BUTTER SAUCE. INCLUDES CHOICE OF TWO ENTREE SIDES, CARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $14.95 PP BLACKENED SALMON: WITH OUR COOL TOMATO BASIL RELISH. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $14.95 PP ORANGE & BASIL INFUSED MAHI MAHI: INCLUDES CHOKE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER .. , $14,95 PP CAJUN STYLE RED SNAPPER: WITH CHOICE OF TEQUILA LIME OR CILANTRO BUTTER SAUCE. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $13.45 PP www.24carrots.com 800.717.1545 CHICKEN ... TERIYAKI CHICKEN BREAST: GRILLED AND SERVED WITH CHOICE OF POLYNESIAN OR STEAMED JASMINE RICE, STIR -FRY VEGETABLES, ASIAN SPINACH & MANDARIN SALAD AND SOFT ROLLS WITH BUTTER ... $12.95 PP ROSEMARY GARLIC CHICKEN BREAST: ROASTED IN IT'S OWN NATURAL JUICES. INCLUDES CHOICE OF TWO ENTREE SIDES, CARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER ... $12.95 PP CHICKEN BREAST PICCATA: A CLIENT FAVORITE! WITH A PARMESAN BATTER & LEMON -CAPER BUTTER SAUCE. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $13.45 PP CHICKEN MARSALA: BREAST OF CHICKEN IN A MARSALA WINE DEMI-GLAZE WITH SHALLOTS & MUSHROOMS. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING & SOFT ROLLS WITH BUTTER ... $13.45 PP CHICKEN W ELLINGTON: TOPPED WITH A MUSHROOM DUXELLE & WRAPPED IN PUFF PASTRY. SERVED WITH A MADEIRA WINE SAUCE AND INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $15,95 PP CHICKEN TEN DERS: BUFFALO STYLE ON REQUEST. SERVED WITH CHOICE OF COOL BUTTERMILK RANCH OR BLEU CHEESE FOR DIPPING. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $12.45 PP ASIAN-STYLE LEMON CHICKEN: SAUTEED WITH CITRUS, SOY & LEMON GRASS. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER... $12.95 PP CAJUN CHICKEN BREAST: WITH OUR TOMATO -BASIL RELISH. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $12.95 PP SOUTHWEST CHICKEN BREAST: TOPPED WITH CHIPOTLE CREAM SAUCE AND A GRILLED POBLANO CHILI. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $13.45 PP BROWN GRAVY CHICKEN: CHICKEN BREAST NESTLED IN OUR SAGE -INFUSED BROWN GRAVY. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $12,95 PP STUFFED CHICKEN BREAST: CHOICE OF BUTTERNUT SQUASH RISOTTO WITH A MADEIRA DE SPINACH, RICOTTA & PINE NUTS WITH SUNDRIED TOMATO CREAM. INCLUDES CHOICE OF TWO ENTREE SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER... $15.45 PP GLAZE OR IDES, GARDEN HERB CRUSTED CHICKEN BREAST: WITH BASIL INFUSED ROASTED TOMATO COULI! INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $13.45 PP CHICKEN CORDON BLEU: WITH WAFER THIN HAM & SWISS CHEESE. INCLUDES. CHOICE OF TWO ENT GARDEN SALAD WITH DRESSING AND SOFT ROLLS WITH BUTTER ... $16.45 PP www.24carrots.com 800.717.1545 BEEF... BRAISED BRISKET OF BEEF: SLOW ROASTED IN IT'S OWN JUICES. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $13,95 PP ROAST MARINATED TRI Tip: COOKED TO PERFECTION AND SERVED WITH A DEMI-GLAZE FLAVORED WITH OUR SECRET MARINADE. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $15.45 PP SIRLOIN TI PS WITH MUSH ROOMS: IN A RICH BROWN GRAVY. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER,., $13.95 PP MARINATED BEEF KABOBS: IN A SOY -GINGER MARINADE. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $13.45 PP TERIYAKI'. BEEF ON WOODEN SKEWERS: WITH TOASTED SESAME SEEDS. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $13.45 PP CLASSIC BEEF STROGANOFF: DEMI-GLAZE WITH SOUR CREAM & SHALLOTS. SERVED OVER BUTTERED FETTUCCINI. INCLUDES SEASONAL VEGETABLE MEDLEY, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $13.95 PP SI RLOI N STEAK: IN A CABERNET REDUCTION. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... S15.95 PP SWEDISH MEATBALLS: SERVED OVER BUTTERED FETTUCCINI. INCLUDES CHOICE OF ONE ENTREE SIDE, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $12.45 PP BARBECUE BEEF SKEWERS: GRILLED AND SMOTHERED WITH TANGY BARBEQUE SAUCE. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $13.45 PP BEEF WELLINGTON FILET: STUFFED WITH MUSHROOMS & DUXELLE. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $28.95 PP GRILLED FILET OF BEEF: WITH A DUET OF BORDELAISE & BEARNAISE SAUCES. INCLUDES CHOICE OF TWO ENTREE SIDES, GARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $27.95 PP HERB CRUSTED PRIME RIB: SERVED WITH AU J US & CREAMY HORSERADISH. INCLUDES CHOICE OF TWO ENTREE SIDES, CARDEN SALAD WITH CHOICE OF DRESSING AND SOFT ROLLS WITH BUTTER... $24.45 PP (CHEF CARVER REQUIRED FOR ADDITIONAL FEE -MINIMUM 30 GUESTS.) www.24carrots.com 800.717.1545 ENTREE SIDES .. . STARCHES & SUCH ROSEMARY GARLIC ROAST NEW POTATOES STEAMED JASMINE RICE WILD MUSHROOM RISOTTO* HOME-MADE MAC & CHEESE HOME -STYLE POTATOES WHIPPED SWEET POTATOES* Au GRATIN POTATOES* BUTTERED NEW POTATOES DIRTY RICE REFRIED BEANS BAKED BEANS *ADD $1.45 PP VEGGIES SEASONAL VEGETABLE MEDLEY STIR FRY VEGETABLES CORN ON THE COBB STEAMED ASPARAGUS* GRILLED MARINATED VEGGIES* *ADD $1.95 PP BUTTER &CREAM WHIPPED POTATOES GARLIC & CHIVE WHIPPED POTATOES ALMOND RICE PILAF HERB POLENTA PARMESAN BAKED POTATO WITH BUTTER BUTTERED FETTUCCINI STEAMED BROWN RICE SPANISH RICE POLYNESIAN RICE BLACK BEANS RED BEANS GREEN BEANSAMANDINE GLAZED BABY CARROTS SAUTEED SQUASH BUTTERED CUT CORN BAKED PARMESAN TOMATOES ADD AN ADDITIONAL ENTREE SIDE STARTING AT $2.45 PP. Sou Ps ... $3.95 PP CHICKEN NOODLE W/ FRESH SAGE & SHERRY CREAM OF MUSHROOM MINESTRONE NEW ENGLAND STYLE CLAM CHOWDER BROCCOLI &CHEDDAR SPLIT PEA & HAM TOMATO CREAM HARVEST VEGETABLE CHICKEN TORTILLA FRENCH ONION NAVY BEAN CORN CHOWDER www.24carrots.com 800.717.1545 THE MEXICAN FIESTA .. . ENCHILADAS - CHEESE, CHICKEN OR BEEF: INCLUDES OUR TEX-MEX CAESAR SALAD, SPANISH RICE, REFRIED BEANS, TORTILLA CHIPS AND FRESH SALSA... $11.45 PP CHILE VERDE: TENDER PORK OVER STEAMED WHITE RICE. INCLUDES OUR TEX-MEX CAESAR SALAD, REFRIED BEANS, TORTILLA CHIPS AND FRESH SALSA... $11.45 PP CLASSIC TACO BAR - CHICKEN, STEAK OR CARNITAS, WITH`A PLATTER OF CHOPPEDTOMATO, LETTUCE, ONION, SHREDDED CHEESE, TORTILLAS AND SOUR CREAM. INCLUDES OUREX-MEX CAESAR SALAD, SPANISH RICE, REFRIED BEANS, TORTILLA CHIPS AND HOME-MADE SALSA... $11.95 PP BURRITOS RANCHERO - CHICKEN OR BEEF: TOPPED WITH MELTED CHEESE. INCLUDES OUR TEX-MEX CAESAR SALAD, SPANISH RICE, REFRIED BEANS, TORTILLA CHIPS AND FRESH SALSA... $11.45 PP FAJITAS- VEGETARIAN,CHICKENORSTEAK: WITHGRILLEDONIONS & PEPPERS. INCLUDES OUR TEX-MEX CAESAR SALAD, SPANISH RICE, REFRIED BEANS, SOUR CREAM, TORTILLA CHIPS AND FRESH SALSA... $12.45 PP TOSTADA BAR - CARNITAS, CHICKEN OR BEEF: WITH CHOPPED LETTUCE, DICED TOMATO, SHREDDED CHEESE, GUACAMOLE AND SLICED OLIVES WITH OUR SALSA RANCH DRESSING SERVED WITH A CRISP TOSTADA SHELL. INCLUDES SPANISH RICE, REFRIED BEANS, TORTILLA CHIPS AND FRESH SALSA... $12.45 PP SOUTHWEST CHICKEN BREAST: TOPPED WITH OUR CHIPOTLE CREAM SAUCE AND A GRILLED POBLANO CHILI. INCLUDES OUR TEX-MEX CAESAR SALAD, SPANISH RICE, REFRIED BEANS, TORTILLA CHIPS AND FRESH SALSA... $11.95 PP SPICED RED SNAPPER TACOS: WITH SHREDDED CABBAGE, SHREDDED CHEESE & LIME WEDGES. INCLUDES OUR TEX-MEX CAESAR SALAD, SPANISH RICE, REFRIED BEANS, TORTILLA CHIPS AND FRESH SALSA... $11.95 PP SANTA FE PASTA: WITH GRILLED CHICKEN AND OUR CHIPOTLE CREAM SAUCE. INCLUDES OUR TEX-MEX CAESAR SALAD, SPANISH RICE, REFRIED BEANS, TORTILLA CHIPS AND FRESH SALSA... $11.95 PP ARROZ CON Po up: PULLED CHICKEN BREAST NESTLED IN OUR SEASONED SPANISH RICE. INCLUDES OUR TEX-MEX CAESAR SALAD, REFRIED BEANS, TORTILLA CHIPS AND FRESH SALSA... $11.45 PP SUBSTITUTE CILANTRO LIME RICE FOR SPANISH RICE OR BLACK BEANS FOR REFRIED BEANS ADD SECOND ENTREE FOR $3.00 PP GUACAMOLE ADD $1.95 PP SOUR CREAM ADD $1.45 PP FLAN ADD $3.95 PP CHURROS ADD $1.75 PP www,24carrots.com 800.717.1545 OUTHERN HOSPITALITY BARBEQUED CHICKEN BREAST: INCLUDES OUR HONEY DIJON COLE SLAW, RED BEANS OR BAKED BEANS, DIRTY RICE AND CORN BREAD WITH HONEY BUTTER .. , $12.95 PP "SO -CAC' FRIED CHICKEN: INCLUDES OUR HONEY DIJON COLE SLAW, RED BEANS OR BAKED BEANS, MASHED POTATOES & GRAVY AND CORN BREAD WITH HONEY BUTTER ... $12.95 PP JAMBALAYA - CHICKEN'& SAUSAG E: INCLUDES A GARDEN SALAD WITH CHOICE OF DRESSING, RED BEANS AND CORN BREAD WITH HONEY BUTTER , .. $13.45 PP BARBEQUED RIBS - PORK OR BEEF: INCLUDES OUR HONEY DIJON COLE SLAW, RED BEANS OR BAKED BEANS, DIRTY RICE AND CORN BREAD WITH HONEY BUTTER ... $16,45 PP BOURBON PORK CUTLETS: INCLUDES A GARDEN SALAD WITH CHOICE OF DRESSING, RED BEANS OR BAKED BEANS, DIRTY RICE OR MASHED POTATOES & GRAVY AND CORN BREAD WITH HONEY BUTTER... $13.95 PP BARBEQU ED BEEF BRISKET: MARINATED IN OUR HICKORY SAUCE. INCLUDES OUR HONEY DIJON COLE SLAW, RED BEANS OR BAKED BEANS, DIRTY RICE AND CORN BREAD WITH HONEY BUTTER ... $13.95 PP BARBEQUED PULLED BEEF SANDWICH: WITH SOFT PETITE ROLLS TO CREATE YOUR OWN SANDWICHES (2 PER PERSON). INCLUDES OUR HONEY DIJON COLE SLAW AND RED BEANS OR BAKED BEANS ... $12.45 PP FLAT IRON STEAK TEXAS CHI LI: WITH CHEESE, CHOPPED ONION & SOUR CREAM. INCLUDES OUR HONEY DIJON COLE SLAW AND CORN BREAD WITH HONEY BUTTER ... $11.95 PP CORN DUSTED CATFISH: WITH CAJUN TARTER SAUCE. INCLUDES GARDEN SALAD WITH CHOICE OF DRESSING, RED BEANS, DIRTY RICE OR MASHED POTATOES & GRAVY & CORN BREAD WITH HONEY BUTTER ... $12.95 PP ADD SOUTHERN PEACH COBBLER OR BREAD PUDDING WITH WILD BERRIES & CReME ANGLAISE - SEE OUR DESSERT MENU - www.24carrots.com 800.717.1545 FROM OUR TRATTORIA .. . CHICKEN PARM ESAN: BREADED CHICKEN BREAST WITH MARINARA, MOZZARELLA R. PARMESAN CHEESE. INCLUDES CAESAR SALAD OR CARDEN SALAD WITH CHOICE OF DRESSING, BUTTERED FETTUCCINI, SEASONAL VEGETABLE MEDLEY AND CHOKE OF FOCACCIA BREAD OR GARLIC BREAD ... $13.45 PP PEN N E PASTA PR I MAVERA: WITH GARDEN FRESH VEGETABLES AND CHOICE OF MARINARA, ALFREDO OR PESTO SAUCE, INCLUDES CAESAR SALAD OR GARDEN SALAD WITH CHOICE OF DRESSING, AND CHOICE OF FOCACCIA BREAD OR GARLIC BREAD ... $10.95 PP ADD GRILLED CHICKEN ... $13.45 PP CH EESE ToRTELLI N I OR RAVIOLI: CHOICE OF MARINARA, ALFREDO OR PESTO SAUCE. INCLUDES CAESAR SALAD OR GARDEN SALAD WITH CHOICE OF DRESSING, AND CHOICE OF FOCACCIA BREAD OR GARLIC BREAD ... $11,35 PP SPAGHETTI St'. MEATBALLS: A TRADITIONAL FAVORITE, INCLUDES CAESAR SALAD OR GARDEN SALAD WITH CHOICE OF DRESSING, SEASONAL VEGETABLE MEDLEY AND CHOICE OF FOCACCIA BREAD OR GARLIC BREAD ... $11.95 PP CHICKEN S'c FETTUCCI NI ALFREDO: WITH GRILLED CHICKEN BREAST AND OUR CREAMY ALFREDO SAUCE. INCLUDES CAESAR SALAD OR GARDEN SALAD WITH CHOICE OF DRESSING, SEASONAL VEGETABLE MEDLEY AND CHOKE OF FOCACCIA BREAD OR GARLIC BREAD ... $12.45 PP S I CI LIAN SHRIMP: SERVED OVER FETTUCCINI NOODLES WITH OUR CREAMY GARLIC SAUCE: INCLUDES CAESAR SALAD OR GARDEN SALAD WITH CHOICE OF DRESSING, SEASONAL VEGETABLE MEDLEY AND CHOICE OF FOCACCIA BREAD OR GARLIC BREAD ... $19.45 PP LASAGNA -CLASSIC MEAT OR VEGETARIAN: HOMEMADE AND INCLUDES CAESAR SALAD OR CARDt SALAD WITH CHOICE OF DRESSING, AND CHOICE OF FOCACCIA BREAD OR GARLIC BREAD ... $109.95 FOR 1/2 PAN (FEEDS UP T010) OR $199.95 FOR FULL PAN (FEEDS UP TO 20) MEDITERRANEAN CHICKEN BREAST: WITH ARTICHOKE HEARTS, TOMATOES, GARLIC, KALMATA OLIVES & CAPERS. INCLUDES CAESAR SALAD OR GARDEN SALAD WITH CHOICE OF DRESSING, SEASONAL VEGETABLE MEDLEY, BUTTERED FETTUCCINI AND CHOICE OF FOCACCIA BREAD OR GARLIC BREAD ... $13.95 PP MEATBALL SUBS (MAKE -YOUR -OWN): SERVED WITH SOFT FRENCH ROLLS & MOZZARELLA CHEESE. INCLUDES CAESAR SALAD OR CARDEN SALAD WITH CHOICE OF DRESSING... $8.95 PP TUSCAN STUFFED CHICKEN BREAST: WITH SPINACH, RICOTTA CHEESE AND OUR TOMATO CREAM SAUCE. INCLUDES CAESAR SALAD OR GARDEN SALAD WITH CHOICE OF DRESSING, SEASONAL VEGETABLE MEDLEY, BUTTERED FETTUCCINI AND CHOICE OF FOCACCIA BREAD OR GARLIC BREAD ... $16.45 PP SIDE OF PASTA WITH CHOICE OF SAUCE ADD $2.50 PER PERSON BISCOTTI ADD $3.50 PP TIRAMISU OR SWEET FLORENTINE CANOLI'S ADD $5.00 PP www.24carrots.com 800.717.1545 THE ORIENT EXPRESS... ORANGE CHICKEN: INCLUDES STEAMED OR FRIED RICE, VEGETABLE CHOW MEIN AND OUR ASIAN CHOPPED SALAD ... $11,95 PP BROCCOLI B EEF: INCLUDES STEAMED OR FRIED RICE, VEGETABLE CHOW MEIN AND OUR ASIAN CHOPPED SALAD . , . $12.45 PP SWEET & SOUR PORK: INCLUDES STEAMED OR FRIED RICE, VEGETABLE CHOW MEIN AND OUR ASIAN CHOPPED SALAD ... $11.95 PP KUNG PAO CHICKEN: INCLUDES STEAMED OR FRIED RICE, VEGETABLE CHOW MEIN AND OUR ASIAN CHOPPED SALAD ... $11.95 PP SWEET & SOUR CHICKEN: INCt CHOPPED SALAD ... 11.95 PP CHOW MEIN AND OUR ASIAN CASHEW CHICKEN: WITH WHITE WINE & GARLIC. INCLUDES STEAMED OR FRIED RICE, .95PP VEGETABLE CHOW MEIN AND. OUR ASIAN CHOPPED SALAI CHICKEN & VEG ETABLES: IN OUR GARLIC SAUCE. INCLUDES STEAMS D OR FRIED RICE, VEGETABLE CHOW MEIN AND OUR ASIAN CHOPPED SALAD , , . $11.95 PP MONGOLIAN BEEF: INCLUDES STEAMED OR FRIED RICE, VEGETABLE CHOW MEIN AND OUR ASIAN CHOPPED SALAD ... $12.45 PP ENTREE'S INCLUDE SOY SAUCE & FORTUNE COOKIE (CHOPSTICKS AVAILABLE UPON REQUEST) ADD SECOND ENTREE FOR $3.00 PER PERSON VEGETABLE EGG ROLLS (2 EACH) ADD $3.50 PP ALMOND COOKIES (2 EACH) ADD $1.50 PP SUSHI PLATTERS AVAILABLE UPON REQUEST. PRICED TO ORDER. www,24carrots.com 800.717.1545 SWEET ENDINGS .. . SOFT BAKED COOKIES CHOCOLATE CHIP, PEANUT BUTTER, WHITE CHOCOLATE MACADAMIA NUT, SNICKERDOODLE, OATMEAL RAISIN ... $1.50 EACH BROWNIES PLAIN OR FROSTED ..,$1.75EACH PEANUT BUTTER BROWNIES ... $2.00 EACH PECAN WALNUT CHEESE BARS ...S3.00 EACH LEMON BARS WITH A SHORTBREAD CRUST... $2.50 EACH FORTUNE COOKIES OR ALMOND COOKIES (2 EACH) .... $1.50 PP BIscan] .... $3.50 PP MINI -CH U R ROS (2 EACH) .... $1.50 PP ASSORTED MINI PASTRIES VARIETY MAY INCLUDE MINI STRAWBERRY CHEESECAKES, PEAR TARTLETS, CREME BRULE'E TARTS, CHOCOLATE GANACHE CAKES, APPLE PECAN PASTRIES, WHITE CHOCOLATE MACADAMIA NUT TARTS, LEMON TARTS AND 50 MUCH MORE! $5.95 PP (2 EACH —MINIMUM 25 GUESTS) 24 CARROTS "UNBELIEVABLE COBBLER" CHOICE OF SPICED APPLE, WILD BERRY OR SOUTHERN PEACH... $55.00 FOR 1/2 PAN (SERVES UP TO 20) OR $100 FOR FULL PAN (SERVES UP TO 40) ADD VANILLA BEAN ICE CREAM ... $1,00 PP BANANAS FOSTER PRESENTED WARM WITH VANILLA ICE CREAM . , . $5.00 PP (MINIMUM 25 GUESTS) THE BEST BREAD PUDDING CHOICE OF DRIED WILD BERRIES AND DRIZZLED WITH OUR BRANDIED CREME ANCLAISE OR BANANA WITH BOURBON & WARM CARAMEL SAUCE ... 1/2 PAN (SERVES 15To20) $55.00 FULL PAN {3o TO 40) $100.00 FLAN BATHED IN SWEET CARAMEL , .. , $3.95 PP (MINIMUM 25 GUESTS) CHOCOLATE FONDUE IMPORTED BELGIUM.CHOCOLATE PRESENTED WITH BITE SIZE STRAWBERRIES, PINEAPPLE, MARSHMALLOW PUFFS POUND CAKE, ANGEL FOOD CAKE AND FUDGE BROWNIES .... $8 PP (MINIMUM 25 GUESTS) FOUNTAIN ADD $50.00 MINI FRUIT TARTS K CReME BROLEE STRA ERRIES, MANDARINS, BERRIES & CREAM .... $4.95 PP (2 EACH) (MIN 25 GUESTS) NDIVIDUALLY PRESENTED IN A TART SHELL.... $5.00 PP (MINIMUM 25 GUESTS) Ti RAM ISU KAHLUA,CREAM & CHOCOLATE MOUSE SWEET FLORENTINE CANOLIS...$5.0oP E,.. . $5.00 PP (MINIMUM 25 GUESTS) UM 25 GUESTS) BUILD YOUR OWN SUNDAE BAR VANILLA BEAN ICE CREAM, CHOCOLATE DRIZZLE, CARAMEL, STRAWBERRY, CHOCOLATE CHIPS, CHOPPED NUTS, FUDGE BROWNIE CHUNKS, CRUSHED OREOS, CHERRIES & WHIPPED CREAM . , .. $6,95 PP (MINIMUM 25 GUESTS) www.24carrots.com 800.717.1545 CAKES... CHOCOLATE LEMON CHOCOLATE GANACHE LEMON RASPBERRY CHOCOLATE MOUSSE GERMAN CHOCOLATE ROUND (SERVES UP TO 16) 1/2 SHEET CAKE (SERVES UP TO4O) FULL SHEET CAKE (SERVES 8o - 96) VANILLA CARROT CAKE WITH CREAM CHEESE FROSTING CHOCOLATE RASPBERRY DECADENCE WHITE CHOCOLATE HAWAIIAN WITH FRESH FRUIT ADD $20) BLACK FOREST CAPPUCCINO $48.00 $ioo.00 $175.00 SPECIALTY CAKES & FILLINGS PRICED PER REQUEST. PIES . . . SERVE UP TO8) CHOCOLATE CREAM $22.00 DUTCH APPLE $22.00 LEMON MERINGUE $22.00 TRADITIONAL APPLE BANANA CREAM FRESH FRUIT (IN SEASON CHEESECAKES .. . SERVE UP TO16) NEW YORK STYLE AMARETTO RASPBERRY SWIRL CHOCOLATE SWIRL PRICE PER CHEESECAKE ... $48.00 SPECIALTY CHEESECAKES .. . WHITE CHOCOLATE CHEESECAKE SNICKER BAR OREO COOKIE CHOCOLATE PECAN PRICE PER CHEESECAKE ... $56.00 (SERVE UP TO 14) www.24corrots.com 800.717.1545 BEVERAGES .. . COLD ASSORTED SODAS (REG. & DIET) BOTTLED. WATERS ICED TEA TROPICAL ICED TEA LEMONADE SPARKLING WATER APPLE JUICE ORANGE JUICE CRANBERRY JUICE GRAPE JUICE MILK (INDIVIDUAL) CHOCOLATE MILK (INDIVIDUAL) SNAPPLE STARBUCKS FRAPPUCCINO SOBES RED BULLS ROCK STARS MONSTERS HOT $1.50 EACH $1.50 EACH $1.25 PP $1.50 PP $1.25 PP $2.50 EACH $1.95 PP $1.95 PP $1.95 PP $1.95 PP $1.65 EACH $1.65 EACH $2.00 EACH $3.25 EACH $3.50 EACH $4.00 EACH $4.00 EACH $4.00 EACH COFFEE - REGULAR OR DECAF $20 (AIRPOT SERVES UP TO 15) KEAN'S OR STARBUCKS REGULAR OR DECAF $35 (AIRPOT SERVES UP TO 15) ADD WHIPPED CREAM, CHOCOLATE SHAVINGS, ASSORTED SYRUPS, CINNAMON STICKS AND FLAVORED CREAMERS ... $1.50 PP (MIN 15) HOT CHOCOLATE PREMIUM HOT TEA (ASSORTMENT) HOT APPLE CIDER $1.50 PP $2.50 EACH $1.50 EACH www.24corrots.com 800.717.1545 COFFEE, SMOOTHIE & ICE CREAM CARTS THE COFFEE CART INCLUDES BEAUTIFUL WHITE COFFEE CART W/ UMBRELLA READY TO MAKE FRESH LATTES, CAPPUCCINOS, MOCHAS, MACCHIATOS, HOT CHOCOLATE AND CHAI TEAS. INCLUDES CUPS, NAPKINS AND CONDIMENTS. 0-200 200-400 400&UP $3.30 PER GUEST $3.00 PER GUEST $2.70 PER GUEST THE SMOOTHIE CART INCLUDES BEAUTIFUL WHITE COFFEE CART W/ UMBRELLA READY TO WHIP LIP FRESH BLENDED SMOOTHIES INCLUDING STRAWBERRIES, BANANAS & MIXED BERRIES, ALL SMOOTHIES CAN BE MADE WITH ORANGE JUICE, DAIRY OR A SOY BASE. INCLUDES CUPS, STRAWS & NAPKINS. COMBINED COFFEE & SMOOTHIE CART 0 - 200 200-400 400 & UP $4.75 PER GUEST $4.50 PER GUEST $4.25 PER GUEST 0 - 200 201-400 401 & LIP $3.75 PER GUEST $3.50 PER GUEST $3.25 PER GUEST THE ICE CREAM CART INCLUDES A BEAUTIFUL WHITE ICE CREAM CART W/ UMBRELLA, CHOCOLATE &VANILLA ICE CREAM, CHOCOLATE SYRUP, CARAMEL, WHIPPED CREAM, CHERRIES, NUTS, SPRINKLES &CRUSHED OREOS. INCLUDES BOWLS, SPOONS & NAPKINS. 0- 100 $4.75 PER GUEST 101-300 $4.25 PER GUEST 301 & UP $4.00 PER GUEST NOVELTY ICE CREAM BARS $1.50 PER GUEST SERVER OR BARISTA ... $35.00 PER HOUR DELIVERY & SET-UP ... $75.00 To COMPLIMENT YOUR BEVERAGES ASSORTED GOURMET COOKIES BY THE DOZEN ... $15 PER DOZEN ASSORTED MINI MUFFINS & PASTRIES ... $ 3.50 PP ASSORTED GOURMET COOKIES, BROWNIES, PECAN WALNUT CHEESE'. BARS & LEMON BARS ... $2.00 PP ADD A COMPLETE CONTINENTAL BREAKFAST INCLUDINGPASTRIES, MUFFINS, CROISSANTS, BREAKFAST BREADS WITH. BUTTER & PRESERVES $4.00 PER GUEST CUSTOM DELUXE COFFEE STATIONS INCLUDING STARBUCKS AVAILABLE UPON REQUEST. TENTS, TABLES, UMBRELLAS, CHAIRS & OTHER RENTALS AVAILABLE (FUEL SURCHARGES MAY APPLY DEPENDING ON EVENT LOCATION. MINIMUM ORDER 75 GUESTS) www.24carrots.com 800.717.1545 BARBEQUES & PICNICS ALL BARBEQUE ENTREES COME WITH CHOICE OF THREE SIDEKICKS & FRESH BAKED ROLLS OR CORN BREAD WITH HONEY BUTTER (MINIMUM 25 GUESTS. TAX, ON -SITE CHEF, BARBEQUE AND OTHER RENTALS NOT INCLUDED) THE ALL AMERICAN BARBEQUE $13.95 PP ONE-THIRD POUND SIRLOIN BURGER, HEARTY 1/4LB. ALL -BEEF HOT DOGS, PLAIN OR SESAME SEED BUNS, CONDIMENT BAR AND RELISH TRAY WITH LETTUCE, TOMATO, BERMUDA ONION & DILL PICKLE WESTERN ROUNDUP GRILLED SLICED MARINATED TRI-TIP OF BEEF CARVER OPTIONAL FOR ADDITIONAL FEE) STEAK, STEAK AND MORE STEAK CHOOSE BETWEEN RIB -EYE, NEW YORIC, T-BONE, FILET MIGNON, CARNE ASADA OR MARINATED FLANK OUR SLOW COOKED RIBS YOUR CHOICE OF OUR TENDER BEEF BARBEQUED BEEF OR PORK SLOW COOKED, HAND PULLED, AND SAUCED BARBEQUED CHICKEN JUICY BONELESS CHICKEN BREAST WITH R ZESTY BARBEQUE SAUCE PISTACHIO CRUSTED SWORD FISH AWESOME. SERVED WITH OUR FRESH MANGO SALSA I7 MEXICAN SHRIMP SKEWERS GRILLED TO PERFECTION WITH OUR SWEET THAI CHILI SAUCE OR OUR EXTREME GARLIC BUTTER GRILLED NORTH ATLANTIC SALMON SEASONED WITH CAJUN SPICES AND SERVED WITH A CILANTRO LIME BUTTER OR LEMON BUTTER SAUCE ADD BARBEQUED CHICKEN BREAST TO ANY ENTREE ... $3 PP BARBEQUE SIDEKICKS WESTERN STYLE BAKED BEANS TOSSED GREEN SALAD WITH DRESSING HONEY DIJON COLE SLAW WATERMELON SLICES CITRUS HONEY -GRILL PINEAPPLE SKEWERS* *ADD $1.50 PP FRESH FRUIT DISPLAY* BUTTERED SWEET CORN ON THE COB STEAMED JASMINE OR RICE PILAF ROAST GARLIC & ROSEMARY POTATOES STEAMED VEGETABLE MEDLEY $15.45 PP MARKET $16.95 PP $13.95 PP $13.95 PP $25.95 PP $23.95 PP $24.95 PP CAUFORNIA PASTA SALAD HOME STYLE RED POTATO SALAD CHIPS W/ DIP OR SALSA BAKED POTATO WITH TOPPINGS GRILLED VEGETABLES* DINNERS (AFTER 4:OOPM) - ADD $5.00 PER PERSON www.24ca rrots,co m 800.717.1545 PICNICS, CARNIVALS & FUN! WHETHER YOU NEED A 25' TALL ARIZONA BACKDROP WITH COVERED WAGONS AND AN OLD WESTERN SHOOTOUT, OR A SNOWY WINTER WONDERLAND IN THE MIDDLE OF JULY, WE'VE GOT YOU COVERED! LET 24 CARROTS PRODUCE A FUN FILLED EVENT TO IMPRESS EVEN THE MOST DISCRIMINATING GUESTS. WE'RE VERY INTERESTED IN NOT ONLY THROWING A SPECTACULAR EVENT, BUT WE WANT TO MAKE YOU LOOK GOOD TOOL HERE ARE A FEW IDEAS YOU CAN KICK AROUND... ENTERTAINMENT • BALLOON SCULPTING • CARICATURE ARTISTS • JUGGLERS • CLOWNS • STROLLING MAGICIANS • FACE PAINTERS • MASSEUSE • HYPNOTISTS • MIMES • DJ's/PICNIC DJ's • 1 TO 20 PIECE BANDS OF ALL GENRES • STRING QUARTETS • JAZZ TRIOS • SOLO GUITARISTS • FLAMENCO GUITARISTS • STROLLING VIOLINIST • HAND WRITING ANALYSIS • FIRE EATERS • BRAZILIAN DANCE TROUP • FLAMENCO DANCERS • BELLY DANCERS • STILT WALKERS • IMPERSONATORS • STEEL DRUMS • COUNTRY BAND • HARPIST • GAME SHOWS • CASINO NIGHTS • COSTUMED CHARACTERS • THEMED ENTERTAINMENT • PIANIST • MARIACHI BANDS DECOR • PROPS • FLORAL ARRANGEMENTS • CUSTOM DESIGNED MENUS • TABLE SETTINGS • HOLIDAY HOME DECOR • CANDLELIGHT • MOOD LIGHTING • SPECIALTY LINENS • THEME DECOR • BALLOONS • CENTERPIECES — FLORAL/NON-FLORAL GAMES • CARNIVAL BOOTHS AND GAMES • LADDER GOLF • FRISBEE Toss • RING TOSS • WORD SCRAMBLE JUMPER • JOUSTING • BUNGEE RUN • SUMO WRESTLING • BEAN BAG Toss • WALK -THE -PLANK • JUMPERS ORBITERS WATER GAMES • FOOTBALL TOSS • BASKETBALL TOSS PARKING AND TRANSPORTATION •. VALET PARKING •. MOTOR COACHES • SHUTTLES • LIMOUSINE SERVICE • WEDDING TRANSPORTATION • PARKING: ENFORCEMENT • PARKING DIRECTORS • EVENT DIRECTIONAL SIGNS • SHUTTLE STOP/PICK-UP SIGNS RENTALS • CANOPIES • TENTS • TABLES & CHAIRS • LINENS • STAGING • DINNERWARE/CHINA • SILVERWARE • GLASSWARE • CHAIR COVERS • SOLAR FLO HEATERS • LIGHTING • AV EQUIPMENT • CARPETING/TURF/RUNNERS • BAR EQUIPMENT • PROPS • FURNITURE www.24carrots.com 214i 800.717.1545 TERMS, CONDITIONS & OTHER IMPORTANT STUFF ... PLACING YOUR ORDER WE REQUIRE A MINIMUM GUEST COUNT OF 10 ON ALL ORDERS UNLESS OTHERWISE SPECIFIED IN THE MENU. A DECREASE IN GUEST COUNT MUST BE MADE AT LEAST 24 HOURS PRIOR TO EVENT. WE ASK THAT ALL CANCELLATIONS BE MADE WITH A MINIMUM OF 24 HOURS NOTICE. CANCELLATIONS MADE WITHIN 24. HOURS WILL BE CHARGED FULL PRICE. PRICES LISTED DO NOT INCLUDE SALES TAX, DELIV- ERY, PICK-UP OR ANY OTHER APPLICABLE CHARGES. ALL PRICES SUBJECT TO CHANGE WITHOUT NO- TICE. PAYMENT & DEPOSIT POLICIES CORPORATE ACCOUNTS MAY BE OBTAINED BY REQUEST AND APPROVAL. OTHERWISE BALANCE IS DUE DAY OF EVENT AND MAY BE PAID BY CASH, COMPANY CHECK, PERSONAL CHECK, OR CREDIT CARD. CHINA, LINENS & OTHER RENTALS STANDARD DROP-OFFS INCLUDE ALL NICE DISPOSABLE PLATES & APPROPRIATE TABLE AND SERVICE WARE. To ENHANCE YOUR EVENT YOU MAY ADD OUR CHINA, GLASSWARE, SILVERWARE, LINEN NAP- KINS & BUFFET LINEN PACKAGE FOR AN. ADDITIONAL $4.95. PER GUEST. SERVICE PERSONNEL AND AD- DITIONAL RENTAL ITEMS ARE ALSO AVAILABLE UPON REQUEST. FLORAL DISPLAYS AND OTHER SPECIALTY DELIVERY DELIVERY CHARGES VARY DEPENDING ON LOCATION.:. WE DO OUR BEST TO DELIVER WITHIN A 1/2 HOUR WINDOW DEPENDING ON TRAFFIC CONDITIONS. DELIVERY & PICK-UP FEES VARY DEPENDING ON LOCATION. PICKUPS REQUESTED AFTER 3:OOPM WILL BE CHARGED AN ADDITIONAL $35. DELIVERIES ARE DESIGNED FOR SELF SERVICE AND INCLUDE ALL DISPOSABLE SERVICEWARE. CHAFFING DISHES ARE ALSO INCLUDED WITH YOUR ORDER HOWEVER MENUS THAT REQUIRE CHAFFING DISHES, CHINA OR OTHER NON -DISPOSABLE SERVICE WARE WILL REQUIRE AN ADDITIONAL PICK-UP FEE. GRATUITY'S ARE NOT INCLUDED AND ARE GREATLY APPRECI- ATED BY OUR STAFF. SPECIALTY DtCOR & SUCH ADDED AND WILL BE PRICED PER ORDER. THE OTHER IMPORTANT STUFF WE ALWAYS APPRECIATE AT LEAST 48 HOURS NOTICE FOR ALL ORDERS HOWEVER WE WILL DO OUR BEST TO ACCOMMODATE LAST MINUTE ORDERS. SAME DAY/LAST MINUTE ORDERS WILL BE ASSESSED A 20% SERVICE CHARGE. SERVICE PERSONNEL OR ON -SITE CHEFS AVAILABLE UPON REQUEST FOR AN ADDITIONAL CHARGE. A 20% SERVICE CHARGE WILL BE ASSESSED FOR ALL RENTAL ITEMS AND SER- VICE PERSONNEL. THANK YOU FOR CHOOSING 24 CARROTS CORPORATE CATERING! www.24carrots.com Exhibit "C" See attached plan with loading zone and restrooms. Exhibit C ?gffe 1 } Q Agin ... .. Newport Beach Civic Centro & Park to- no r 11111 _ 19 dd$?g {9yj d PSq% SSqq w al U 01 Hh 3 =aa E 63� 8 j9 J 4a Exhibit "D" Tenant to provide list. Tenant Equipment List Equipment Type Quantity Manufacturer Model Number Puvvpr Name Requirement ZDonr Refrigerator 1 True Food Service Equipment, Inc, l-49 115/60V,doQ|p phase, l5amps nn adedicated outlet lDoor Freezer l True Food Service Equipment, Inc. T3'23F 115/60V,dnO|e phase, l5amps un adedicated outlet Espresso Machine l Lak8aoocco GB-5 lIUVsingle phase, upto8O0Owatts VYaterTreatnnent System l K8aveaPurity Quell GUO 22VV,single phase Heat and Hold Cabinet 1 4|toShaano 500-S5eries 208/240V,sing|e phase/3J'42 anops,76'l.0 watts Coffee Brewer 1 Fetco [8S'2052e Coffee Grinder l Fetco 6R'I3 Toaster l Mo|nuun _ QC52Sehes UptoZ4OV,single phase, I4Jamps, 28VOvvat\s Espresso Grinder 1 Svvi;i 110\\15anop Warming Oven 2 Turbuchef Tornado Tornado 208/240V,sin0|p phase, 3Uamps, 6075watts max each Sandwich Prep Table 2 True Food Sen/ice Equipment, Inc. TS5V'72'Z4W1-R'ST n/TS5V'7Z'18 ~ ll5/60Y,dnX|e phase, 15amps on adedicated outlet Point ufSale Terminal with Kitchen Screens & Printers l Focus 110V,15arnp Kn||inQ Merchandiser 1 Premium Candy Display Rack 82307' [D4852ASAS4412 N/A Microwave Oven 1 Arnnna Commercial 110V.15arnp Soda System 1 Coca Cola Exhibit "E" See attached marketing plan. Marketing Plan for: Bistro 24 Express - Newport Beach Civic Center & Library Presented to: City of Newport Beach 100 Civic Center Drive Newport Beach, California 92660 Presented by: 24 carrots catering & events 17851 Sky Park Circle, Suite F Irvine, California 92614 Phone: 800.717.1545 Internal Marketing Plan for City and Library Staff In the first 90 days, the following will be implemented: - Free-standing "sandwich" boards at strategic outdoor locations at both the library and civic center locations. - City of Newport Beach employee of the month program. Bistro 24 Express will give the designated employee a complimentary lunch to celebrate their accomplishments. - Bistro 24 Express will implement gift cards that are rechargeable for everyday use. Employees will be offered a 10% discount when they load their card with at least $25.00. - ex: $25.00 = $27.50 on their card, $50.00 = $55.00 on their card, etc. - eCoupons emailed out to participating staff on a monthly basis. - "Check -in" discounts for employees who check -in on Facebook, Yelp, or Four Square. - Signs within the library directing staff and guests to the bistro. - Frequent buyer punch cards for both sandwiches and coffee selections. .Buy 10 and get 1 free. - Weekly specials available which will provide new options on a weekly basis. Best sellers/favorites can be added to the menu when a menu refresh is completed. External Marketing Plan for The Public In the first 90 days, the following will be implemented: - Bookmark to be given with each new library card issued. This coupon will be branded with Bistro 24 Express, and will include a perforated bottom with a detachable coupon. - Frequent buyer punch cards for both sandwiches and coffee selections. Buy 10 and get 1 free. - Free-standing "sandwich" boards at strategic outdoor locations at both the library and civic center locations. - Signs within the library directing staff and guests to the bistro. - If allowed, a banner ad will be placed on the City of Newport Beach website. - Coffee stations strategically placed throughout City Hall to be maintained by Bistro 24 Express. Each station will contain signage and bistro location for guests. - Bistro 24 Express will partner with the library and offera "Most Check -Outs in a Month," or "Star Reader"complimentary lunch, based on the number of check-outs a patron has in one month. This is a great way to reward patrons for their dedication to the library and encourage them to continue using the valuable resources the library provides the community. - Advertisements in various local publications. Promoting both Bistro 24 Express and the library. Future maketing to be implemented: - Direct marketing to local businesses. Coupons and menus will be hand distributed to all businesses in the Fashion Island vacinity. - Team -up with the Irvine Company/Fashion Island to promote both the library and Bistro 24 Express through their directory ads within Fashion Island. - Four to five designated parking spaces for Bistro 24 Express pick-up. This will encourage people to come in for morning coffee or quick lunch pick-up. Exclusivity of Indoor & Outdoor Venues As the restaurant operator and exclusive caterer for all onsite venues, the following will be implemented: - Listing of the venue spaces on the 24 carrots website. This website receives 1000s of hits per month, and generated approximately 75 leads per month. - 24 carrots will provide an exlusive website for the City Hall venue spaces. This website will showcase the versatility of these locations, statistics, and general venue related information. Leads will be generated from this website. Please see www.chuckjonesby24.com to see what we have created for one of our venues. - Paid advertising through Ceremony Magazine, Weddine Wire, The Knot, Party Bravo, etc. - Venue reccomendation to our current list of corporate and social clients looking for a venue. - Ten 24 carrot sales reps, with over a million dollars in sales per representative, will be actively pushing and selling the facility. - Dedicated Director of Venues, Lynn Wagoner, will continue to make sure communication between 24 carrots and the City of Newport Beach remains active and strong. - Printed brochure for facilities will be produced once approved by the city. Bistro 24 Sample Maketing Pieces The following marketing materials showcase what we are currently doing for our Bistro 24 location. Free 16 oz. Kean Coffee! Includes lattes, espressos and coffees. Come taste the difference that makes Kean Coffee special! Kean is a local company and their coffee is roasted fresh, daily. Stop in at Bistro 24 for breakfast, lunch, or dinner and enjoy a delicious hot cup of coffee on us! To redeem your free cup of coffee, just print this message and bring it to Bistro 24 Park Plaza! Offer expires on January 27, 2011. One (1) per person. FORWARD TO A FRIEND DIRECT!O$ Bistro 24 - Park Plaza 1 Park Plaza, Suite 165 :vine, CA 92614 Call us at 949,336.7906 Hours of Operation Mon -Fri: 7:00am-9:00pm Sat -Sun: Closed Thanks for joining the Bistro 24 Park Plaza email list! You're all set to start receiving special offers and exclusive monthly deals right in your inbox. To show how much we appreciate your business, let's start the savings right away! To redeem coupon, just print this message and bring it to Bistro 24 Park Plazal Offer expires one week from January 27, 2011. One (1) per person. Cannot be combined with any other offer< Excludes alcohol. Bistro 24 • Park Plaza 1 Pork Plaza, Suite 165 Irvine, CA 92614 Call us at 949.336.7906 Hours of Operation Mon -Fri: 7:O0om-9:00pm Sat -Sun: Closed DIRECTIONS GUEST FEEDBACK aaIn° rails aNvua 4) C (O O a) a O ro 03 N u 1- cu D 1:5D Q 0 i Eu Q c O < 4- In this brand st v ro a u, v Cu a v >•, O O Q -0 E v E 1 C Q 0) cn C +_7 C O N v fts 4) 0) (13 E me communica Q F- z w PRIMARY LOGO COLORS PANTONE 465 C CMYK 20 / 32 / 58 / 0 o O` o M m rn 'U M in cn V N N 7# w Y. m X w O it _ 1- U Z Q Q. RGB 207 / 170 / 127 LL N Q Li U X w PANTONE Process Black C (90%) CMYK 0/0/0/90 4 m ct HEX #414142 SECONDARY BRAND COLORS PANTONE 397 C PANTONE 221 C PANTONE 229C CMYK 10/0/100/11 CMYK 0/100/15/60 211/208/67 0 re co tr N O HEX #D3D043 HEX #7C003A BRAND FONTS 116 CD CD C/) 0 CU Use for subtitles and short blocks of text. N N Use for secondary titles. Museo Sans 300 Use for body copy. X 0 V a) 4.4 0 h N )l • O • tij co N v Q E O 0 N trd � Q z O N E r 2 N U 0„0 ZS .u) o N O a' [Short Block] O c v ro O -0 Y _0% c v N O cn Y N v U_ e as 17) O U v U v Y (a N -0 E c E • O O U z to 0 U 0 0 v 0 Q v > v c 0 U v N a 0 N (13 O cu N O a 0 t 0 N E O c c Id) c6 c 0 lq N 0 O a N v c .N 0 0 as v N v ell N O CO PRIMARY LOGO The Bistro 24 logo may appear in a variety of sizes, as long as it is always sized proportionately and not stretched, condensed or angled in any way. Official colors must be used when reproducing the logo. The primary logo can be placed against a light or dark solid swatch of color or a gradient. SINGLE COLOR LOGOS Black and white versions of the Bistro 24 logo can be used for low resolution documents such as faxes or printing jobs that require one color only. LOGO MISUSE In an effort to maintain consistency and the integrity of the Bistro 24 brand, its logo may not be altered in any way. Do not place the logo in other graphic shapes. Do not add other graphic elements around or behind the logo that will compromise its visibility. Do not alter placement of the logo mark and logo type. Do not alter the logo color. BISTRO24 ea, Purchase 10 cups of Kean s coffee and receive your 11th cup complimenta *not valid with any other offer 2 3 4 5 6 7 8 9 10 Free 6 7 Purchase 10 sand and receive your 'not valid wi ies or bistro burgers h complimentary,. iy other offer 2 3 4 5 10 ''Free'` (BISTRO 24 --- :-;;Ftesibliebtt.rmet Quality Food Fas 1 Park Ptaza, Suite165, Irvine, CA 92614 Tel: 949336.7906 Fresh, Gourmet Quality Food - Fast Free Wi-Fi internet access Private conference room available for rent with AN capabilities and space for 14 guests Venue rentals and full -service catering for parties and events Breakfast • Lunch Dinner • Happy Hour Mon -Fri: 7:OOam-9:O0pm Sat -Sun: Closed Tired of waiting in line? a Order Online! www.Bistro240C.com * Coupon Trust be preser: to receive 25%off promchon E2ciudes a:conol t a a fo up to 4 one--n guests only_ R etro 24 offers 2 hours of vahrial.ed par4ng a, Suite 1$5, Irvine, Cfl92614 Tet: 94 Fresh, Gourmet Quality Food Fast Bistro 24 is proud to serve Kean Coffee, a local product that is roasted fresh daily. Once you taste Kean, you'll immediately realize why we chose it over all the others! Free offer includes any latte, espresso or coffee! Breakfast • Lunch Dinner • Happy Hour Mon -Fri: 7:OOam-9:00pm Sat -Sun: Closed Tired of waiting in line? Order Online! www.Bistro240C.com a Coapots must t e presser to rece n: free l2 oz. nun of Kean C nth purchase of any breakfast Item.; One r'1 coapo0 par person Bistro 24 offers 2 hours of veras:.ed puller g 4.0 Fresh, Gourmet Quality Food Fast Bistro 24 is the perfect place to stop by for a quick bite to eat during lunch time. We offer a diverse menu of healthy, gourmet -tasting foods, including sandwiches, burgers, salads, entrees, and more. Breakfast • Lunch Dinner • Happy Hour Mon -Fri: 7:OOam-9:OOpm Sat -Sun: Closed Tired of waiting in line? Order Online! www.Bistro24OC.com { CI Co:.00n r;usl be present receive free side anc 20 oz. fo whin purchase of any V_nch Item*,. One ft coupon pea oe's0 e2scys 2A offe s 2 yours of vdi aa:ed pe(K'Sq- February 18th - February 22nd Homemade Meatloaf Served with roasted fingerling potatoes, and a creamy cauliflower gratin. Includes a fountain beverage. $12.95 Chicken Pasta Penne pasta topped with herb roasted chicken breast, artichoke hearts, capers, roasted peppers, and a white wine butter sauce. Includes a fountain beverage. $10.95 *NEW* Weekly Taco Special Braised Short Rib Taco Braised short ribs, roasted corn salsa, and chipotle crema. $2.50 per taco Park Plaza 1 Park Plaza, Irvine, CA 92614 Call us at 949.336,7906 Hours of Operation Mon -Fri: 7:00am - 4:30pm caflEttinitalVe tagyage.!s=144.:orrik4sestr-,s-i.„.„,,,_ ...t.aftetig”ntatanyarAcat*,, ?i,ifivtitAstestostionr :itte otitebikat ea* acebook trt:to-c"'" ..*:,-,.---,-,,,S,4,' • tiz,*%140...-t.esitrifnntrft,`Cic te t. .. Search Ialrn 4 Cafes Price: $$ ours Today 7:00 AM - 9:00 PM Read• Reviews & Quick Tips I visited Bistro 24 for the first irne a coup/e of weeks ago ... Check-1ns he Duchess: Gloria Z. Z. has 21 check -ins here „ _ Heather S 4 Regulars: Annika Jo L, Aaron L Gloria Z, Can't get enough Bistro 24? Get exclusive discounts and special offers delivered right to vauremail inbox! Exhibit "F" See attached special use restrictions document. Man Iacord d Mail To: TII IRAIII COMPANY 550 Seaport Canter Drin Inport Seacb, CA 92660 Att.ntion: L. Milligan 92"304757 Rid iiersed STMER m'E VO. CO. 8w MAY 81992 AIL Oticill Rah Come, Cabals 44fthr..Enic9ndr Q.` 3fln Si 5 _ SSI Add. P996 0— is OS 9- other 0.71. PGOR �slD S- i Sty $ RDF4 DECLARATION OP SPECIAL LAM) USE RESRICTIGNS, RIGHT OF FIRST REFUSAL, MORTGAGE LIEN AND OPTION 10 RvamQ•isE t e TABLE OF CONTaaRB DECLARATION OF SPECIAL AMID USE RESTRICTIONS, RIGHT OF FIRST REFUSAL. MORTGAGE LIEN AND OPTION 70 REPURCHASE ARTICIR 1. GENERAL PROVISIONS 1 1.1 Grantee'► Representations and Warranties. 1 1.2 Statement of Declarant's General Purposes 2 1.3 Definitions 2 (a) •Benefitted Property 2 (b) 'Center" 2 (c) •Declarant• 2 (d) "Effective Data• _ . . _ _ 2 (e) 'Final Map• 2 (f) •Grantee• 2 (g) The "Grose Floor Area• . . . . . . . . . . . . . 3 ARTICLE 2. SPECIFIC RESTRICTIONS. 3 2.1 Specific Facilitlee 3 (a) Improvement and Continued Use 3 (b) Construction. 3 (c) Commencement and Completion. . . _ . . . 3 (d) Grading 4 (e) Utilities. Streets end Public Improvements. . . 4 (f) Landscaping 4 (g) Alterations and Additions 4 2.2 Declarant's Approvals 4 (a) Approvals Required. 4 (b) Time for Approvals. 4 (c) AA Built Plans. 5 2.3 Grantee's Cost. 5 2.4 Fulfillment of Nap Conditions 5 2.5 Compliance With Lam 5 (a) Grantee to Comply 5 (b) Approvals of Applications . . . . . . . . . . . . 5 2.6 Bonds 6 2.7 Transfers 6 (a) Transfers Prohibited. 6 (b) Permitted Transfers6 2.8 Subordination or Consent to Transfer for Public Financing. 6 (a) Copy of Loan Documents. 7 (b) Title Report. 7 (c) Disbursement Instructions 7 (d) Request for Notice of Default 7 2.9 Costs of Regional Development 7 2.10 MacArthur Boulevard Dedication and Maintenance. . . . 7 ARTICLE 3. GENERAL RESTRICTIONS 8 3.1 Unapproved Development or Use 8 3.2 General Maintenance 8 3.3 Restccation 8 3.4 Drainage. 8 3.5 Signs 8 3.6 Prohibited Operations and Uses. 6 3,7 No Subdivision. 9 3.8 Zoning. 9 3.9 Indemnity 10 ARTICLE 4. DECLARANT'S RIGHT OF FIRST REFUSAL . . . . . . . . . . . . . 10 ARTICLE 5, REMEDIES 11 5.1 Default and General Remedies. 11 (a) Damages,....................11 (b) Equity. 11 5.2 Inspection. 11 5,3 Option to Repurchase the Land 11 (a) Grant of Option 11 (b) Exercise of Repurchase Option 12 (c) Expiration and Quitclaim. 12 1 a 4 (6) Repurchase Inc..i12 (s) Repurchase lams Terms 13 (f) Irrevocability. 13 (g) Varrantiea, Plans and Speciflcattona. 13 5.4 Arbitration Procedure 14 5.5 Vaiver. 14 5.6 Costa of Enforcement. 15 5.7 Rights of Loudon 15 5.6 Advances. 15 ARTICLE 6. GENERA. PROVISIONS. 15 6.1 Unavoidable Delay 15 6.2 Continuous Opentton 16 6.3 Covenants to Run With the Land; Term. 16 (a) Covenants to Run With the Land. 16 (b) Term. . . . . . . . . . . . . . . . . . 16 6.4 Assignment by Declarant 16 6.5 Amendments. 16 6.6 Release16 (a) Release by Declarant. . . . . . . . . . . . 16 (b) Not Applicable to Declarant 16 6.7 Notice. 17 6.6 Governing Lam 17 6.9 Severabiltty. 17 6.10 Captious. 17 6.11 Entire Agreement. 17 6.12 Gender and Number 17 6.13 Time of the Essence 17 11 SAZIZ OF MIMS Fraperr7 Description 1. Specific Facilities 2 Subordination Agreernt 3 ttt DECLARATION OF SPECIAL LAND USE RESTRICTIONS, RIGHT OF FIRST REFUSAL, MORTGAGE LIEN AND OPTION TO REPURCHASE THIS DECLARATION (*Declaration') 1s made as of March 11, 1992, by and between THE IRVINE COMPANY, a Miehlgan corporation ('Declarant'), and the CITY OF NEWPORT BEACH, a California municipal corporation ('Grantee'), with reference to the following facts: A. Grantee and Declarant have entered into an Exchange Agreement and Escrow Instructions (the 'Exchange Agreement') by which Grantee le acquiring fro. Declarant the following described real property (the 'Exchange Land') situated in the City of Newport Beach, County of Orange, State of California: The southwesterly ono -half of Parcel 2 as shown on Parcel Nap No. 90-361, recorded in Book 270 Pages 15 to Le , inclusive. of Parcel Naps. Records of said County. B. Grantee and Declarant have also entered into a Transfer Agreement and Escrow Instructions by which Grantee is acquiring from Declarant real property adjacent to and contiguous with the Exchange Land which real property is situated in the City of Newport Beach, County of Orange, State of California ('Transfer Land') and is described as follows: The northeasterly one-half of Parcel 2 as shown on Parcel Map No. 90-361, recorded in Book 270, Pages 15 to 18 , inclusive, of Parcel Maps, Records of said County- C. In connection with such acquisition. Grantee has represented to Declarant that it has acquired the Exchange Land and the Transfer land as a single parcel described as all of Parcel 2 as shown on side Parcel Map No. 90-361 (the 'Land') to improve and use the Land in accordance with the covenants, conditions, rights, restrictions and limitations as particularly set forth herein (collectively referred to as the "Restrictions'). and Declarant is granting the Land to Grantee on the basis of Grantee's continuing compliance with such Restrictions. NOW, THEREFORE, in consideration of the foregoing (including the conveyance of the Land by Declarant to Grantee), and ocher good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows: ARTICLE 1. GENERAL PROVISIONS. 1.1 Grantee's Representations and warranties GRANTEE REPRESENTS AND WARRANTS TO DECLARANT THAT GRANTEE I5 ACQUIRING THE LAND TO IMPROVE THE SALE IN COMPLIANCE WITH THE RESTRICTIONS SET FORTH HEREIN AND FOR THE PARTICULAR USES AND PURPOSES AUTHORIZED HEREBY. GRANTEE ACKIIOVLEDCES, AMONG OTHER THINGS, THAT: (a) GRANTEE IS EXPERIENCED AND RNOWI.EDGEABLE IN THE CONSTRUCTION AND OPERATION OP PUBLIC FACILITIES, AND DECLARANT AND GRANTEE DESIRE TO PROVIDE A PUBLIC LIBRARY 70 SERVE NEWPORT BEACH; (b) DECLARANT HAS CONVEYED AND GRANTEE HAS ACCEPTED FEE TITLE TO THE LAND FOR USE 7IY GRANTEE IN ACCORDANCE WITH THE PARTICULAR USES PROVIDED FOR IN THIS DECLARATION; (c) DECLARANT AND GRANTEE DO NOT EXPECT 0R INTEND THE LAND TO BE USED AT ANY TIME FOR ANY PURPOSE NOT OTHERWISE PERMITTED HEREIN; (d) THE LIKELI1100D THAT ANY BREACH WILL OCCUR AND THAT DECLARANT WILL EXERCISE ANY OF ITS RIGHTS AVAILABLE TO REMEDY ANY BREACH OR NONCONFORMITY WITH THE RESTRICTIONS CONTAINED HEREIN IS F.XTAOMELY REMOTE (a) WITHOUT THE RESTRICTIONS CONTAINED HEREIN, THE PURPOSES AND EXPECTATIONS OF DECLARANT IN THE DEVELOPMENT OF NEWPORT CENTER AND USE OF THE LAND COULD BE DEFEATED; (f) BUT FOR CONVEYANCE OF THE WAD, GRANTEE WOULD BE REQUIRED TO PAY SUBSTANTIAL SUMS TO ACQUIRE LAND FOR IT5 USES; (g) DECLARANT AND GRANTEE HAVE ESTABLISHED THE FAIR MARKET VALUE OF THE LAND FOR PURPOSES OF THE OPTION TO REPURCHASE BASED UPON PRESENT ESTIMATES AND HAVE APPLIED ADJUSTMENT FACTORS TO TAKE INTO ACCOUNT SUBSEQUENT CHANGES IN VALUES; (h) DECLARANT AND GRANTEE ACKNOWLEDGE TAT MARKET FORCES COULD MAKE THE PRICE FOR REPURCHASE GREATER OR LESSER THAN THE VALUE ESTABLISHED FOR PURPOSES OF THE OPTION TO REPURCHASE AND HEREBY ASSUME T11AI' RISK, t BUT FOR SUCH REPRESENTATIONS BY GRANTEE, AND GRANTEE'S UNIQUE $FILLS, EXPERTISE AHD SUITAEILITT IN CONSTRUCTION AND OPERATION OF THE SPECIFIC FACILITIES DESCRIBED BELOW, DECLARANT WOULD NOT HAVE CONVEYED THE LAND TO GRANTEE, SW MOULD HAVE RETAINED THE BENEFITS OF WNERSHIP, INCLUDING FUTURE APPRECIATION OF THE LAND. ON THE BASIS OF SUCH REPRESENTATIONS AND WARRANTIES, DECLARANT HAS CONVEYED THE L ND TO GRANTEE. 1.2 $tateaant of Declarant's General Purposes. Declarant is the owner of a large and unique landholding, part of Which has been developed as a master planned business, recreational, hotel, residential and retail Center, described below, in the City of Newport Beath (the "City'). Among the distinguishing characteristics of this aaterplaumd Center are the cleat delineation of use areas throughout the Center, together with the strict exercise of architectural and occupancy controls over individual construction projects, so as to ensure the harmonious growth and development of the Center and the maximization of the value of Declarant's developed and undeveloped landholdings as well as the land itself. In addition to those general concerns, it is vitally important to Declarant that the intensity of development shall be limited on those parcels of property (including the Land) that Declarant from time to time elects to convey to third parties. Should the development limitations imposed by Declarant be exceeded, the roadways and the infrastructure improvements servicing the Center and its environs could be overutilized, resulting in undesirable traffic congestion and imbalances within the Center. Such conditions could in turn adversely affect the ability of Declarant to develop, own, operate, lease or sell its landhwnings, including without limitation the "Benefitted Property' as defined below. It is to promote these purposes that this Declaration is made, and it is the intention of the parties that it will be in furtherance of said purposes that the Restrictions, and all other declarations supplemental hereto, will be understood and construed. 1.3 Definitions. As used herein, the following terms shall have the meanings given to them below: (a) "Bene£itted Property' shall mean the real property to which the benefit of the provisions of this Declaration inures, and as of the execution of this Declaration shall mean the real property described an EXHIBIT 1 attached hereto. Declarant shall have the right by a duly recorded amendment hereto executed solely by Declarant to substitute for or add to the $enefitted Property any real property owned by Declarant in the County of Orange, California. The Benefitted Property shall be the dominant tenement and the land shall be the servient tenement for purposes of this Declaration_ (b) "Center' shall mean the office, hotel, recreational, retail and residential and other use area commonly known as Newport Center (including the shopping center known as Fashion Island) and generally lying within the area enclosed by Pacific Coast Highway, MacArthur Boulevard, San Joaquin Hills Road and Jamboree Road. (c) 'Declarant' shall mean The Irvine Company as identified above and its successors, assigns or designees who shall assume the obligation and to whom The Irvine Company shall sp.,cifically assign in writing the right to enforce these Restrictions, subject to the provisions of the Section entitled 'Assignment by Declarant." (d) "Effective Date' of this Declaration shall be the date this Declaration is recorded in the Official Records of Orange County, California. (e) "Final Nap" shall mean the final map covering the land described as Parcel Nap No. 90-361 as shown on a map recorded in Book 270 Pages 15 to 18 inclusive, of Parcel Napa, Records of Orange County, California. (f) 'Grantee' shall mean the Grantee identified above and each and every successor, assignee, owner, 1 , licensee or other occupant of the Land, the Specific Facilities, as defined below, or any portion thereof or interest therein, and each of then, during their ownership or occupancy thereof. 2 However, such term shall not include any person having an interest in all or any portion of the Land or Specific Facilities merely as security for the parfoxmanca of an obligation. Without limiting the generality of the foregoing, if Grantee leases all or any of its interest in the Sand or the Specific Facilities, both the lessor and lessee under such lease shall be responsible as principals (and not sureties) for compliance with all the terse and provisions of auto Declaration. (g) The 'Grose Floor Area• shall mean the aggregate nether of square feet of floor space on all floor levels of any building, including mezzanines, measured from the interior face of all exterior walla. No deductions or exclusions shall be made by reason of columns, stairs, elevators, escalators, or other interior construction or equipment. ARTICLE 2. SPECIFIC RESTRICTIONS. 2.1 Specific Facilities. (a) Improvement and Continued Use. Grantee represents and agrees that Grantee shall cause the Land to be improved only with the specific facilities described on $RRIBIT 7 attached hereto (the 'Specific Facilities') end the other improvements described on EXHIBIT 2. attached hereto (the 'Other Improvements') and in full accordance with all of the terms of this Declaration, and that Grantee shall cause the Land, the Specific Facilities and the Other Improvements to be used solely for a public library with related parking and no other use, notwithstanding that other uses may be permitted under applicable zoning ordinances, and in full accordance with all of the terms of this Declaration. Use as a public library nay include all uses and activities commonly associated with public libraries now and in the future including any form of information storage and retrieval such as video tapes, books, optical and magnetic disks or other technologies for information storage and retrieval. Grantee nay charge fees, rentals and late charges for loan or use of information media provided that fees, rentals and charges do not exceed the cost of operation of the public library facility. No portion of the Land, or any improvements thereon, or any portion thereof, shall be used for retail, commercial, quasi - retail or quasi commercial facilities that materially compete with the retail and commercial facilities in the Center or otherwise improved. developed, used, operated or maintained with any facilities or for any purpose whatsoever except as set forth above unless expressly approved by Declarant, which approval maybe granted or withheld by Declarant in its sole discretion. (b) Construction. Grantee shall improve the Land with the construction and installation of the Specific Facilities and the Other Improvements pursuant to the plans and specifications approved by Declarant pursuant to the Exchange Agreement and the Transfer Agreement. If Grantee desires to make any substantial alterations, modifications, additions or ebangea to the exterior elements of any plans and specifications previously approved by Declarant, then Grantee shall submit three copies of any Change Order to Declarant for its approval prior to obtaining approval of such Change Order by the governmental entity having jurisdiction and prior to incorporating such Change Order in the work. Declarant shall approve or disapprove suth Change Order in accordance with the standards and procedures set forth in Section 2.2. Construction and installation shall be commenced and convicted within the time periods set forth in the Section below entitled 'Commencement and Completion.' (c) Commencement and Completion. Subject to extensions of tine for unavoidable delays as provided under the provision entitled 'U avoidable/.._y_ Delay,' (i) within the time period specified on pXHIBIT 2 as the 'Commencement. `{ Date,' measured from and after the Effective Date of this Declaration, Grantee shall have commenced construction of the Specific Facilities on the Land, and (ii) within the time specified on EXHIBIT 2 as the "Completion Date,' measured from and after the Effective Date of thin Declaration. Grantee shall have completed construction of the Specific Facilities on the Land in a manner consistent with plans and specifications approved in writing by Declarant pursuant to the Agreement. As used herein, the term 'commenced construction' shall mean the completion of substantial grading of the Land and the pouring of all or a substantial portion of all of the footings and foundations for the entire Specific Facilities (which need not necessarily include the ground floor slabs). Grantee shall be deemed to have 'completed construction' of she Specific Facilities only at such time as Grantee shall have obtained from the appropriate 3 governmental entity or agency a valid Certificate of Use and Occupancy for the Specific Facilities. Grantee shall commence and complete construction of the Other Improvements prior to or contemporaneously with such Specific Facilities. (d) Cradyyg. Prior to the commencement of any grading or similar work on the Land, Grantee *hall submit to Declarant for its approval two sets of plans and specifications for grading. terracing and filling of the Lend and for construction of other similar improvements in, on or about the Land. (e) Utilities. Streets and Public Improvements. (i) Grantee shall cause all necessary facilities for water, drainage, sewage, telephone, electricity. cable television, and other utility service for the Land to be constructed and installed thereon and thereto in the manner and within the time required by the Exchange Agreement. (ii) In addition to any such facilities constituting a part of the Specific Facilities or the Other Improvements. Grantee shall construct and install or pay for construction and installation of all streets, street lights. driveways, curb cuts, entry ways, sidewalks and the like, perimeter walls and fences, irrigation and drainage systems, landscaping, moment, directional or other signs and all like improvements on the Land or between the Land and adjoining sidewalks or the curbs of adjoining streets, as required by the Exchange Agreement. (f) Landscaping In addition to the landscaping constituting a part of the Other Improvemeents. if any, Grantee shall landscape the Land as necessary to create a first class attractive condition, and in a Wanner consistent with the existing landscaping in the Center. Grantee shall submit to Declarant for its approval two sets of plans and specifications for the landscaping on the Land. (g) Alterations and Additions. Grantee shall not sake any substantial additions, alterations or other modifications ("alterations") of or to the exterior of the Specific Faeilities or any additions, alterations or other modifications to the visible portions of the Other Improvements or other improvements from time to tine located on the Land, without the prior written approval of Declarant. Declarant shall approve or disapprove of such alterations in accordance with the standards and procedures set forth in Section 2.2. All such alterations shall be subject to the provisions of Article 2 hereof. If Grantee desires to add additional structures to the Land other than those specified in EXHIBIT 2 then Declarant nay impose additional restrictions, covenants and obligations as a condition to its approval. As used in this Section, the "exterior of the Specific Facilities shall mean all roofs, outside walls and facades, structural foundation, entrance doors, windows, outside walkways, ramps and other accessvays, and parking Facilities. 2.2 Declarant's Approvals. (a) Approvals Required. Except with respect to plans and specifications approved prior to the recordation of this Declaration, no construction, installation or alteration of the Specific Facilities, the Other Improvements, or any other landscaping, grading or other improvements in, about or on the Land shall be commenced unless the concept, plans and specifications for the exterior elements of such iapravenenta have first received the written approval of Declarant exercising its sole and absolute discretion. The improvements constructed shall comply with the plans and specifications approved by Declarant pursuant to the Agreement or this Declaration. Grantee agrees that the Specific Facilities, the Other Improvements and all other landscaping and Improvements on the Land shall be designed. constructed and installed to provide for a library with complementary landscaping and surrounding improvements which, in the sole discretion of Declarant, are in harmony with the plan and design of the Center. (b) Time for Aoorovais. Declarant shall approve or disapprove any plans and specifications delivered to Declarant pursuant to this Article as soon as possible but no longer than thirty (10) working days after receipt of two copies therecf accompanied by such drawings. site plans, elevations, artists' conceptions, samples of materials, models, mock-ups, and color samples as from time to time required by Declarant to review such plans and specifications. If 4 approved by Declarant, such approval shall be endorsed on such plane and specifications and one set of such documents bearing Declarant's approval shall be returned to Grantee within rush thirty (30) working day period. IfDeclarant does not approve such plans and specifications, Declarant shall notify Grantee of its reasons for not approving such plama and specifications and Grantee shall. within forty five (45) working days after receiving notice of Declarant's disapproval, submit new plane and specifications for Declarant's approval. .hilurs of Declarant to approve or disapprove any plans and specifications within said thirty (30) working day period and Declarant's continued failure to approve or disapprove for five (5) working days after Grantee's written notice to Declarant that Declarant boa failed to approve or disapprove as required herein shall be deemed approval thereof. The approval by Declarant of any plena and specifications pursuant to this Section shall only represent Declarants' satisfaction with the plane and specifications as to their general aesthetic elements. Such approval shall not be deemed to constitute any representation or warranty by Declarant as to the adequacy or sufficiency of such plans and specifications for architectural or engineering deaden or the feasibility or integrity of any grading, Landscaping, improvement or construction contemplated thereby for any use or purpose. By approving such plans and specifications, Declarant assumes no liability or responsibility therefor or for any defect in any grading, landscaping, improvements or construction made pursuant thereto. (c) As guilt plans. Upon completion of the grading, landscaping and construction of improvements, Grantee shall submit to Declarant two 'as built' sepias and a Certificate of Compliance executed by Grantee's state licensed consultant (engineer, architect and/or landscape architect). She Certificate of Compliance shell warrant that the completed grading, landscaping and construction conforms to the plans and specifications therefor approved by Declarant. 2.3 Grantee's Cost. The Specific Facilities, the Other Improvements, and all other landscaping, grading and other improvements made or constructed in, about or on the Landes contemplated herein shall be constructed, installed and completed at the sole cost and expanse of Grantee and without any cost, liability or expense to Declarant. 2.4 Fulfillment of lien Conditions. Certain asp conditions dated November 21, 1991 (copies of which have been provided to Grantee) have been imposed in connection with the approval and recordation of the Final Nap. Except as otherwise agreed in writing by Declarant and Grantee, Grantee shall comply with and/or fulfill all of those duties and obligations imposed by such map conditions on the "Applicant" and/or "Subdivider• attributable to Grantee's use or developaent of the Land, all at Grantee's sole cost and expense_ 2.5 Compliance With law. (a) Grantee to Comply. The Specific Facilities, the Other Improvements and all other landscaping, grading and other improvements made or constructed Ln, about or on the Land, and the use thereof, ahall comply at all times with all public lava, ordinances and regulations applicable thereto. Without limiting the generality of the foregoing. Grantee shall obtain, at its sole expense, all of its internal and external governmental approvals and permits and approvals of other governmental authorities with jurisdiction which may from time to time be required with respect co the performance contemplated under this Declaration, including, as applicable end vlthout limitation, appropriate zoning, building permits, permits from the Callforria Coastal Commission, operating and business licenses and permits and the laks. In obtaining such approvals and permits, Grantee shall prepare, at its solve expense, as neceanry and without limitation, all environmental impact reports, engineering studies and the like as necessary. (b) Approvals of Aoolhrsttone. Allrequesteorapplicatlons, together with all supporting documentation, for govern encal approvals or permits which require discretionary action by discretionary bodies of Grantee or on the part of another governmental agency, shall be submitted to and coordinated and approved by Declarant prior to placing such approval on the agenda of Grantee's discretionary body or filing with any ocher governmental agency. Declarant shall have a period of forty five (45) days after receipt to disapprove any requests or applications so submitted by Grantee, and in the even[ of disapproval shall specify the reasons therefor. Failure to disapprove within such forty five (45) 5 i day period and Declarant's continued failure to approve or disapprove for fifteen (15) days after Grantee's written notice that Declarant has felled to approve or disapprove as required hereunder shall be deemed approval thereof. Grantee shall cause copies of all written coseunicatione batmen Grantee and other governmental agencies processing such requeate or applications to be delivered to Declarant within five (5) business days after ouch communication has been delivered to the addr 2.6 bong. Before the commencement of any of the work required under this Article 2, Grantee shall furniah to Declarant true copies of any and all labor and material bonds and faithful performance bond., LE any, required of Grantee by any governmental agency concerning such work. 2.7 Ttransfers. (a) rranefera prohibited. For a period of not lase than twenty-five (25) years after the Effective Date, Grantee shall not sell, lease, convey, exchange, encumber or otherwise transfer the Land or any portion thereof or facilities thereon, whether by agreement for sale or in any other manner (herein collectively referred to as a 'transfer') without first giving Declarant at least sixty (60) days' prior written notice of all terms and conditions of such proposed transfer and the right to either (L) seeing reasonably, approve or disapprove such transfer, (it) exercise its option to repurchase set forth in Section 5.3 below, or (iti) exercise its right of first refusal set forth in Article 4 below. Declarant in its sole discretion may within such aixty (60) day period exercise any such right. Declarant's failure to so act within such sixty (60) day period shall be deemed to constitute approval of the transfer on tha terms and conditions proposed by Grantee. Any tine after the twenty fifth (25th) anniversary of the Effective Date, Grantee may transfer the Land without Declarant's approval under this Section and without regard to Declarant's option to repurchase set forth in Section 5.3 below or Declarant's right of first refusal sec forth in Article 4 below. Grantee hereby acknowledges that it would be reasonable and appropriate for Declarant to disapprove a transfer and exercise its option to repurchase and/or right of first refusal if the proposed transferee is not adequately experienced, knowledgeable and financially capable to own and operate a public library. (b) Permitted Transfers. Notwithstanding the foregoing, (L) Grantee may transfer the Land to any other governmental or quasi -governmental entity or agency which has as its primary purpose maintenance and operation of public libraries provided such entity shall be subject to all of the provisions of this Declaration or (11) provided Grantee complies with the ptovlsions of Section 2.8 below, Declarant shall consent to a transfer or encumbrance an the Land made in connection with an interim or permanent loan or loans or other form of private or public financing (including without limitation bonds, lease revenue obligations or certificates of participation) ('public obligations") made in good faith and for value by an institutional lender or by a public obligation, the proceeda of which are used only for the costs and expenses of such public obligations and construction of the Specific Facilities and Other lmproveaente or refinancing of a construction financing in an amount not to exceed the amount outstanding under the construction financing (collectively, "Permitted Transfers"). 2.8 Subordination or Cement to Transfer for Public Finencinv. Subject to the following provisions and the provisions of Section 5.7 hereof, Declarant will either consent to a transfer described to Section 2.7(b) above, without exercise of Declarants right of first refusal contained in Article 4 and the option to repurchase contained in Section 5.3 (collectively, the "Enforcement Rights") or Declarant will subordinate its Enforcement Rights to any encumbrance referred to In Section 2.7(b) immediately above. (which Section 2.7(b) shall continue in effect even after Section 2.7 no longer has any application to this Decleraclon, for purposes only of describing the transfers end encumbrances to which Declarant will continue to consent or aubordlneta pursuant to this Declaration) provided that the principal amount of such a loan or public obligation does not, in combination with other loans and/or public obligations secured by or affecting the Land and/or the improvements constructed thereon do not exceed et any time ninety percent (900) of the fair market value of the Land and any improvements thereon. valued taking into account the restrictions contained In this Declaration, and such loans and/or public obligations are at commercially reasonable Interest rates and otherwise contain 6 e commercially reasonable terns end conditions. Grantee will provide Declarant with appraisal information from a reputable N.A.I. appraiser, from the Office of the Assessor of Orange County or from an institutional lender reasonably satisfactory to Declarant to verify that the total loin -to -value ran does not exceed nicety percent (90►). No foreclosure, trustee's sale or dead in lieu of foreclosure with respect to any such permitted encumbrance or exercise of any remedy to enforce • public obligation shall be deemed an "assignment' for ,urpoeee of Section 2.7, above. Within ten (LO) working days otter receipt of the following item*, provided the foregoing requirements have been satisfied and provided there is no default under any provision of this Declaration or under any other obligation between Declarant end Grantee relating to the Land, Declarant shall execute, acknowledge and deliver to Grantee a subordination instrument 1n aubatanttally the form attached hereto a p.�1SIT 3 or • consent to [nitride_. pursuant to issuance of • public obligation: (a) Conv of Loan Documents. A true and complete copy of all instruments executed by Grantee evidencing or securing the Lasuance of a public obligation or loan; any lease, mongege. deed of trust or other intercept or right created to enforce payment of any public obligation which affects the Land must not secure or relate to any obligation or indebtedness not related to improvement of the Land, and neither the note, the mortgage, deed of trust, lease nor any other document or instrument pertaining to a loan or public obligation pertaining to the Land shall contain any provision making It a default thereunder if the obligor or any other parry defaults in any obligation not related to the acquisition or improvemoat of the Land; (b) Title Report. A preliminary title report dated not earlier than fifteen (15) days prior to submittal showing no title exceptions other than those in existence at the time Declarant transferred the Land to Grantee, other utility easements reasonably necessary to serve the Land, and other matters approved by Declarant; (c) Disbursement Instructions, A copy of the executed financing instruments, loan agreement or other agreement pertaining to the disbursement of funds, which must provide in a manner satisfactory to Declarant that the funds disbursed thereunder will be used only to purchase or improve and benefit the Land, or to refinance original financing made for such purpose (in an amount not to exceed the amount outstanding under the acquisition/construction loan refinanced); and (d) Request for Notice of Default. Unless public obligations are issued which do not involve a standard mortgage lien to secure performance of a note, a copy of a Request for Notice of Default pursuant to Section 2942b of the California Civil Code prepared for execution and acknowledgment by Declarant which, when recorded at Grantee's expense. will entitle Declarant to the notices prescribed by said Section 2942b. If public obligations are issued, then the documentation for such financing shall require delivery of a notice of any default to Declarant prior to exercise of any remedies available upon such default. 2.9 Costs of Regional Development. Grantee understands that development of the Specific Facilities on the Land will be accomplished In conjunction with development of other real property in the Center by Declarant other private parties. Grantee hereby agrees to pay Ica share of infrastructure improvements made on, adjacent and off the eitus of the Land. The infrastructure improvements shall include the improvements required to complete the items set forth in EXHIBIT I of the Exchange Agreement. 2.10 MacArthur boulevard Dedication and Maintenance. Declarant and City agree that a land area along MacArthur Boulevard shall be designated on the Final Map to be used exclusively for future expansion of MacArthur Boulevard. Prior to construction of road and other improvements for such expansion, Grantee shell not use the area designated for any purpose other than installation and maintenance of landscaping. Grantee agrees to install landscaping within such area prior to completion of construction of the Specific Factlttlea pursuant to plane and specifications approved by Declarant in accordance with the standard* and procedures set forth in Section 2.2 and to aatncaln such area in a first class condition, order and repair at all time■ prior to commencement of construction for expansion of MacArthur Boulevard. 7 iaseeemertex �.. _.. < . ..„., , , renn,. :� v..F . ,...- ARTICLE 3. GENERAL RESTRICTION$. 3.1 Unaoorovsd Development or Wm. Unless expressly approved by Declarant, which approve/ may be withheld by Deolsranc to its sole discretion, Grantee shall not permit the construction, maintenance, operation Or uem of any structure or Improvements on the Land not in full compliance with all requirements of the law, this Declaration and any other covenants, conditions and :setticttons from time to tins covsrtng the Land. 3.2 General Naintsnance. Prior to the completion of the Specific Facilities, Grantee shall maintain the Land Ln a clean, sanitary. orderly and attractive condition, free of weeds, debris and pests. Upon completion of the Specific Facilities as contemplated herein, Grantee shall et all times maintain the Specific Facilities. the Other Improvements and all other improvements from time to time located on the Land, including without limitation the landscaped aroma, in first-class condition, order and repair. Grantee shall remove any graffiti on the Improvements, Ether Improvements and all other improvements on the Land within three (3) business days after delivery of notice by Declarant. 3.3 Restoration. If any building or improvement on the Land, or ally pact thereof, or any landscaping installed upon the Land, shall be damaged or destroyed by fire or other casualty, Grantee shall at its cost and expense either (L) repair or restore the same according to the original plena thereof or to much modified plans as shall be previously approved in writing by Declarant as provided above, or (it) dn,molish such damaged or destroyed improvements and leave the Land (or applicable portion thereof) in a clean and safe condition. Such repair, restoration or demolition shall be commenced within one hundred twenty (120) days after the damage or loss occurs and shall be completed with due diligence but not longer than one (1) year after such work is commented. The time periods specified in this subparagraph entitled 'Restoration' shall be extended as provided in the Section of this Declaration entitled 'Unavoidable Delay.' 3.4 Drainage. Grantee shall not drain or discharge water from the Lend (including but not limited co rainwater and water from landscape sprinkler systems located on the Land) on to adjacent land except as follows: Grantee shall at all tines cause the Land to be graded and drained so as to cause the discharge of all water from the Land onto the public street adjoining the Land or into en established drainage facility, if any, on or adjacent to the Land which has been designed to accommodate the water at the rate discharged. 3.5 piens. Grantee shall not place or use any signs, banners, balloons, displays of other advertising media in, on, about or above the Land or an or in any improvements constructed or placed thereon unless it has first obtained the prior written consent of Declarant es to the number, size, location, height, illumination, color and design of such signs or other media. Declarant shall not unreasonably withhold such approval so long as such signs or other media (a) comply with (1) Declarant's alga program for the Land, the property surrounding the Land and the genefltted Property, if any, and (1i) the statutes. ordinances or regulations of any governmental entity or agency having jurisdiction thareover including Grantee itself and (b) are In harmony and conformity with the existing or proposed improvements on or In the vicinity of the land and with Declarant's general aesthetic and architectural plans and criteria for the Land. the Center and the general area in which the Land is located. Except as provided in this Srctl,,t, no sign. banner, balloon, display or other advertising media which is visible from adjacent land of any public or private street shall be maintained in, on about or above the Land or on or Ln any improvements constructed or placed thereon. 3.6 prohibited Operation* encl. Use'- No trailer, camper, bus, automobile, motorcycle, boat or other vehicle or equipment ('vehicle') shall be permitted to remain upon the Land overnight after 11:15 p.m. or before 5:00 a.m. No use or operation shall be made, conducted or permitted on or with reenact to all or any part of the Land or improvements thereon which la obnoxious to or out of harmony with the residential and/or commercial neighborhood in the vicinity of the Land. Included among the uses or operations which are prohibited and are deemed to conflict with the reasonable standards of appearance and maintenance required hereby, are uses or operations which produce or are accompanied by tbs following characteristics, which list Is not Intended to be all inclusive: 8 (a) Any public or private nuisance; (b) Any vibration, noise, sound or disturbance that is objectionable due to intermittence, beat. frsquatty, shrillness or loudness; (c) Any direct lighting which le not shielded and confined within site boundaries; (d) Any emission of odors, noxious, caustic or corrosive matter, whether toxic or nontoxic; (e) Any litter, dust, dirt or ash in excessive quantities; (f) Any use of a structure of a temporary character, trailer, tent, shack, garage, barn or other outbuilding except for such structures maintained on the land during a period permitted for construction or reconstruction of improvements; (g) Any service, maintaaance, repair or washingof any vehicle on the land at any time except for emergency service necessary to Bove a vehicle to a maintenance facility off of the Land; (h) Any raising, breeding or keeping of animals, livestock or poultry of any kind; (1) Fuel storage of any type; (j) Any accumulation of rubbish, trash or garbage. All refuse containers, air conditioning devices, utility areas, storage areas and machinery and equipment shall be prohibited upon the Land unless screened from view from all adjoining lots and public and private streets; and (k) Any exterior radio antenna, television antenna, "C.B.' antenna, 'satellite dish," microwave transmitting or receiving antenna or other antenna. transmitting or receiving device of any type unless it is screened from view from all adjoining lots and public and private streets. Any screen required under this Section shall consist of permanent landscaping and/or improvements in harmony with other landscaping and improvements in the Center and approved in writing by Declarant. The provisions of this Section entitled 'Prohibited Operations and Uses' shall not in any way supersede the other Restrictions_ 3.7 No Subdivision. Grantee shall not effect any change or amendment to the Final Map covering the Land or record any further parcel or final map of the Land or any portion thereof or facilities thereon pursuant to the California Subdivision Map Act or any similar law and/or local ordinances adopted pursuant thereto, or file any tentative naps or applications with respect thereto with any governmental agency, nor shall Grantee file or record a condominium plan covering the Land or any portion thereof or any improvements thereon or any applications with respect thereto nor shall Grantee convey a portion consisting of less than all of the Land, unless expressly approved by Declarant which approval may be withheld by Declarant in its sole discretion. 3.8 Zoninv. Grantee shell roc use or develop or attempt to use or develop the Land or any portion thereof for any purpose other than those purposes expressly allowed under the zoning ordinance or ordinances of the governmental entity having zoning jurisdiction over the and. Additionally, Grantee shall not at any tine change or attempt any change in zoning, or obtain or apply for a conditional use permit, zoning variance or exception or other similar approval vith respect to the use or development of the Land or any portion thereof not expressly alloyed under such existing zoning ordinance, unless expressly approved by Declarant, which approval nay be withheld in its sole discretion. Notwithstanding the foregoing, Declarant shall not unreasonably vithhold its consent to Grantee's application for such conditional use permit as may be required for development of the Land with the Specific Facilities. Grantee shall obtain Declarant's consent prior to placing such application on the agenda of Grantee's discretionary body or submitting any such application or related documents to any other governmental agency and thereafter will submit copies of all such documents to Declarant for its review and information. 9 3.9 Indemnity. Declarant and Declarant', past and present employees, officers, directors, shareholders, agents and representatives and its and their respective successors and ..signs (collectively, the 'Tndamalresa•) shall not be liable for any loss, done, injury or claims of any kind or character to any person or property arising from or caused by (a) the improvement, development, maintenance, use, lease or other conveyance of the Land or improvements thereon or any portion thereof or interest therein, including, rithout limitation, any loss, damage, injury or claim arising from or caused by or alleged to arise from or be caused by (i) any use of the Land or any part thereof, (Li) any defect in the design, construction cf, or material In any structure or other improvement upon the Land, (111) any defect In or contamination of sell• or in the preparation of soils or in the design and accomplishment of grading, (including the emintence of any contaminants or heverdous materials in or on tha soil), (iv) any act or omission of Grantee or any of its agents, employees, licensees, invitees, or contractors. (v) any accident or casualty on the Land, (vi) any representations by Grantee or any of its agents or employees, (vtt) any violation or alleged violation by Grantee, Its employees or agents of any law now or hereafter enacted, (vtil) any slope failure or subsurface geologic or groundwater condition, (ix) any work of design, conmttuctlon, engineering or ocher work with respect to the Land, (x) any other cause vhsteoever In connection with Grantee's use of the Land or Grantee's performances under this Declaration, or any other agreement with Declarant relating to the Land, or (b) the negligence or willful misconduct of Grantee or its employees or agents in the development. construction, grading or other work performed off the land by Grantee pursuant to this Declaration, or (c) the breech by Grantee of any of its obligations under this Declaration. Furthermore, as a materiel part of the consideration of this Declaration, Grantee hereby waives on its behalf all claims and demands against Declarant for any much loan, damage. or injury of Grantee, and agrees to indemnify, defend and hold harmless Declarant and its property, and the other Indemnitee• from all loss. liability, damage, costs and expenses (including attorneys' fees) stilling from or related to any such loss, damage, injury or claim, whether incurred or made by Grantee or any other person(s). The foregoing waiver and indeanity shall apply to a claim or action brought by a private parry or by a governmental agency or entityunder any statute or common law now or hereinafter in effect and is intended to apply with respect to loss, damage, injury or claim arising before or after the lease, sale or other conveyance of any portion or all of the Land or any improvements thereon. With respect to design, construction methods, materials, locations and other natters for which Declarant hes given or will give its approval, recommendation or other direction, the foregoing waiver, indemnity and agreement shell apply irrespective of Declarant's approval. recommendation or other direction. Notwithstanding anything to the contrary above, nothing contained in this Section shall operate to relieve Declarant or the other Inde®Ltees from any loss, damage, injury or claim ultimately established by a court of competent jurisdiction to have been eaused by the sole negligence or willful misconduct of Declarant or the other Indeanitees. Grantee's covenants in this Section arising from or related to acts or occurrences during the time of Grantee's ownership shall survive the lease or other conveyance of all or any part of the land or improvements thereon and shall be binding on said Grantee (as well as its successors to the Land) until such time es action against the Irdennitees 1s absolutely barred by an applicable statute of limitations. ARTICLE 4 DECLARANT'S RIGHT OF FIRST REFUSAL. Except with regard to "Permitted Transfers' described in the Section above entitled Transfers', if. at any time prior to the twenty fifth (25t10 anniversary of the Effective Date, Grantee shall determine to transfer all or any part of the Land or the improvements thereon or any interest there:.n ('Interest'), Grantee shall notify Declarant of the price and the terns or, which Grantee will be willing to transfer. If Declarant, within sixty ((0) days after receipt of Grantee's notice, Indicates in writing its agreement to purchase geld Interest for the price and on the term, stated In Grantee's notice, then Grantee shall transfer and convey the Interest to Declarant for the price and on the terns stated in such notice. If Declarant does not indicate its agreement within such sixty (60) day period, then Grantee thereafter shall have the right to transfer and convey the Interest to a third party, but only tor a price not less than the price offered to Declarant end on terms not more favorable than those stated in the notice. If Grantee does not so transfer and convey the Interest within one hundred eighty (180) days after Grantee's notice, then any further transactions (including • transaction on the ease price end term previously submitted to 1.0 Declarant) shall he deemed a new determination by Grantee to transfer sad convey paid Interest, and the provisions of this Article shall again be applicable. ARTICLE 5. 5 1 Default and General Remedies. In the event of any breach, 4 tolatLon or failure co perform or satisfy any of the Reatrtcttaoe which has not been cured within the applicable cure period as met forth below, Declarant at its sole option and discretion may enforce any one or mete of the following reran or any other rights or remedies to which Declarant may bet entitled by law or equity, Mother or not set forth herein. Unless a cure period La otherwise specifically designated, a cure period shall commence when written notice is given to Grantee of s violation hereunder and shall end tan (10) Says thereafter in clue case of a monetary default and thirty (30) days thereafter in the case of • nomonetary default; provided, however, that if a nonmonetary default is not reasonably susceptible to cure promptly within the thirty (30) day period, then Grantee shall have a reasonable tlae to cure the same so long es Grantee has commenced ouch cure promptly within the thirty (30) day period and thereafter diligently prosecutes the cure to completion. To Clue maximum extent allowable by law, all remedies provided herein or by law or equity shall be cumulative and not exclusive; provided, however, that except as provided in the following sentence in the event Declarant elects to exercise any remedy provided for in Section 5.3 hereof based upon a particular violation of the Restrictions, such remedy shall be Declarant's sole and exclusive remedy for such violation of the Restrictions. Notwithstanding the foregoing, Declarant's remedies for a violation or breach of Section 3.10 (Indemnity) shall be cumulative with and in addition to its remedies for other violations or breaches under this Declaration. (a) Demme,. Declarant may bring a suit for damages for any coopensable breach of or noncompliance with any of the Restrictions, or declaratory relief to determine the enforceability of any of the Restrictions. (b) Ecuity. Ic 1s recognized that a particular or ongoing violation by Grantee of one or more of the foregoing Restrictions may cause Declarant to suffer material injury or damage not compenseble in money damages (including, but not Limited to, irreparable effects on the type and quality of development on and use of the Banefitted Property or portions thereof and/or frustration of Declarant's purpose for conveyance of the Land to Grantee), and that Declarant shall be entitled to bring an action in equity or otherwise for specific performance to enforce compliance with the Restrtcttona or as 1njunccton to enjoin the continuance of any such breach or violation thereof, whether or not Declarant exercises any other remedy sec forth herein. 5.2 3naoectton. Declarant or its authorized representatives may from time to time, at any reasonable hour, enter upon and inspect the Land, site or any portion thereof or improvements thereon to ascertain compliance with the Restrlcttonz. but without obligation to do GO or liability therefor. 5.3 Option to Repurchase the Land. Upon any proposed, attempted or actual "transfer' In violation of the provlsiom of Section 2.7 above and, in addition to the foregoing remedies described in Section 5.1. upon any violation of the Restrictions itemized in Sections 2.1;a) ("Improvement and Continued Use") or 2.1(c) ("Commencement and Completion'), Declarant, in its sole option anal discretion, shall be entitled to repurchase the Land as provided below. (Declarant shall not be entitled to repurchase the Land unless a proposed, attempted or actual transfer in violation of Section 2.7 has been initiated, • violation of the restrictions In violation of 2.1(e) has occurred or construction has not been commenced or completed as required by Section 2.1(c).) (a) Grant of Chalon. Grantee hereby grants to Declarant an exclusive option to purchase the Land subject only to: (t) Current tares not yet delinquent; (ill Hatters affecting title existing at the Effective Date of this Declaration, excluding any mortgage, deed of trust or similar instrument to which Declarant has subordinated the Enforcement Rights pursuant to Section 2.8 above; 11 (iit) Natters affecting title Which are created, made, assumed, consented to or requested by Declarant, its successors or assigns, excluding any mortgage, dead of trust, any matter related to issuance of any public obligation or similar instrument to Which Declarant has consented Without exorcise of the Enforcement Rights or to Which Declarant has subordinated the Enforcement Rights pursuant to Section 2.8 above; (iv) Natters shorn as printed exceptions in the standard form California Land Title Association owner's policy of title insurance. (v) NoninterferLng easements for utilities used in connection with the improvements constructed on the Land. (b) Parties of Repurchase OotieN. Declarant may exercise its option to repurchase the Land by giving written notice to Grantee of Declarant's election to repurchase within (1) sixty (60) days after receipt of Grantee's notice of proposed 'transfer* as provided in Section 2.7 (Transfers) above, (11) within ninety (90) days after Declarant receives actual notice of any transfer or attempted transfer in violation of any provision in Section 2.7, (iii) within ninety (90) days cementing thirty (30) days after delivery of notice to Grantee of violation of the Restrictions itemized in Section 2.1(a) 1f such violation has continued unabated, or (iv) Within one hundred eighty (180) days of the respective commencement or completion dates (as such dates may be extended pursuant to the tens of this Declaration) in the event of Grantee's violation of Section 2.1(c) above. For purposes of this Section 5.3, Declarant's actual notice shall mean notice to the person to whom notice may be addressed under Section 6.7 of this Declaration, and no other persons. No failure of Declarant to exercise its option upon Grantee's failure to commence construction as provided above shall constitute a waiver of its right to exercise the option upon Grantee's failure to complete construction by the appropriate date, es described above. Ho failure of Declarant to exercise its option in the event of any proposed. attempted or actual 'transfer" (whether approved by Declarant or not) in violation of Section 2.7 above shall constitute a waiver of Declarant's rights to exercise the option upon any such transfer subject to Section 2.7 which might be proposed, attempted or consummated at a later time. No failure of Declarant to deliver a notice of violation of the Restrictions contained in Section 2.1(a) shall constitute a waiver of Declarant's rights to deliver such notice at any time and exercise the option. Rescission of any notice of violation of the Restrictions itemized in Section 2.1(a) prior to the option becoming exercisable, or if such violation is cured, after the option becoming exercisable shall not constitute waiver of Declarant's right to later notify Grantee of a new violation and exercise the option. Any rescission of notice of exercise of this option shall not constitute waiver of Declarant's right to exercise the option again if a later event causes the option to become exercisable. (c) Expiration and Ouitclatm. UnlessexercisedbyDeclarant, this option shall expire upon the twenty fifth (25th) anniversary of the Effective Date. After expiration and upon written request therefor by Grantee, Declarant shall execute and deliver to Grantee a quitclaim deed satisfactory to Declarant relinquishing all of its rights under the option to repurchase portion of this Declaration. (d) Repurchase Price. Declarant's purchase price for the land upon its exercise of the option provided above, shall be the greater of: (1) An amount including the following: (AJ The price attributable to the Land equal to the lesser of (A) $4,400,000 increased or decreased by CPI adjustments which shall be limited to an annualized increase or decrease of five percent (5e) per annum or (E) the appraised fair market value of the Land with the use restricted to the use for which Declarant notifies Grantee at the time of exercise of the option that it intends to use the Land. Declarant shalt notify Grantee that it intends to use the Lend either for commercial office or retail use at the time of delivery of the notice of exercise or any time thereafter (Failure of Declarant to specify a use in conjunction With delivery of a notice of exercise of the option shall not invalidate or otherwise affect exercise of the option.). The CPI adjustment shall be the percentage Increase or decrease in the CPI measured from the month which is two months prior to the Effective Date to the month which is two months before the date of delivery of the notice of exercise. 12 J n I 3 • The CPI shall be the Consumer Price Index for All Urban Consumers Los Angeles- AnaMla.Rtverslde Metropolitan Area (all items) compiled by the United States Department of Labor, Bureau of Labor Statistics, basted upon 1982.84 as 100; provided, however, that 1f the CPI la modified or changed, than the CPI .ball be • converted or .uhatituted index as determined by Declarant. Plus [BJ The fair market value of the Ussabis Improvements, 1f any, on the Land at the time the Option 1e exeret.ad. The •Useebla Improvements• shall ha limited to those interior stew of buildings which can be used or converted for use as interior commercial or retail rentable space in accordance with the use which Declarant intends to put the Useable Improvements as designated by Declarant. Fair market value of such Useable Improvements shall be determined wing an income method of appraisal based upon comparable rants determined on a useable square foot basis for the square footage of the Useable Improvement. offset by the coat of any improvements required to convert the use of the building to the use which Declarant notifies Grantee that it intends to put the Usable Improvements. Lass (C) All costs, expenses, Interest, fees, advances and other sum required to be paid by Grantee to Declarant hereunder, to the extent not reimbur.ed to Declarant by Grantee, shall reduce the amount of any repurchase price to be paid by Declarant under the terms of the repurchase option contained in this Declaration. Or (11) The unaaortitedprinclpal amount, plus interest of. and expenses (including without limitation coats to redeem and discharge including any call premium provided that aggregate call premiums shall be limited to five percent (5e) of principal) incurred in connection with, any issue of public obligations where the proceeds have been used only for costa and expenses related to construction of the Specific Facilities on the Lend provided that the original principal amount of such public obligations dose not exceed $6,000,000.00 and provided that the amount payable to Grantee under this subparagraph (il) shall be reduced and offset by any and all funds hold for the benefit of any holders of public obligations other than funds held to pay the costa of Issuance, if any. (e) Repurchase Escrow Terms. Within five (5) days after Declarant's exercise of the option as provided above or as soon thereafter as posaible, an escrow shall be created at First American Iitle Insurance Company or another escrow company selected by Declarant to consunmate the purchase as specified herein, which escrow shall have ■ time limit of thirty (30) days extended by any period necessary to arbitrate any determination of fair market value as provided in Section 5.4 below. Said escrow shall be subject only to approval by Declarant of a then current preliminary title report. Any exceptions shown thereon created on or after the Effective Date hereof, and disapproved by written notice to Grantee through escrow, shall be removed by Grantee et its sole expense at or prior to closing of escrow. In the event that the Land or any portion thereof is encumbered by a mortgage or deed of trust, Declarant may unilaterally instrucc the escrow agent to satisfy the indebtedness secured thereby out of the proceeds payable to Grantee through the foregoing escrow. Any additional amount necessary to satisfy such indebtedness shall be paid by Grantee. Grantee and Declarant shell each pay one-half of the escrow fees. Grantee shall pay for documentary tax stamps, for recording the deed, and for a California Land Title Association standard form owner's coverage policy of title insurance in the amount of the purchase once showing title to the Land vested in Declarant or Its assigns free and clear of all liens, encumbrances or other title exception other than those sec forth in this Declaration. Any other comics ur expense shall be allocated between the parties in the manner customary in Orange County, California. (f) Irrevocability The option created hereby shall be irrevocable by Grantee, and shall be binding upon the representatives, successors and assigns of Grantee. (g) Warranties. Plens and Soecificetlgpp. In the event Declarant reacquires all or any portion of. the Land, the Specific Facilities or the Ocher Inprovementa under chip Section 5.3, Grantee 0011 aaeign and transfer to Declarant for no additional consideration, all warranties, plane and specifications relating to the Usable Improvements and any other improvements transferred by Grantee to Declarant hereunder. 13 5.4 prbitgetion Procedurs. If Declarant and Grantee era not able to agree to the fair market value of the Land or the Useable Improvements within thirty (30) days after the date Declarant glum' Grantee notice of 'mercies of the option, then the following arbitration procedure shall apply: (Al Declarant shall within an additional thirty '30) days, at Declarant's cost, deliver to Grantee a written appraisal of the applicable highest fair market value with which Declarant agrees, prepared by an independent qualified appraiser ("Declarent's Appraises)"). the term "independent qualified appraiser' a used in this Section shall wan a professional independent appraiser who is a Member of the American Inatttuta of Real Estate Appraiser. (R.N. or M,A.I.), the Society of Real Estate Appraisers (S.R.A., B.R.P.A., or S.R.E.A.), the American Society of Appraisers (weber or senior member A.S.A.), or another recognised association of appraisers, or a elapse association of real estate appraisers that has adopted rule and regulation governing the profeeetonal conduct and ethics of its members requiring independent appraisals without bias to any party or to any result, or has such other education and experience so as to be considered qualified by both parties. [B) If Grantee does not agree with Declarant's Appraisal, Grantee shall notify Declarant in writing of such disagreement in writing within ten (10) days after receipt of Declarant'. Appraisal. Within thirty (30) days of such notice, Grantee shall at its coat deliver to Declarant a written appraisal of the applicable highest market value with which Grantee agrees, prepared by an independent qualified appraiser ("Grantee's Appraisal"). If Grantee fails to deliver Grantee's Appraisal within the time provided, or if Grantee's Appraisal of fair market value is lower than or equal to that contained in Declarant's Appraisal, then Declarant's Appraisal shall constitute the final and binding determination of the applicable fair market value. [C) If Grantee's Appraisal is delivered to Declarant within the time provided and 18 higher, than Declarant's Appraisal, and if Declarant and Grantee cannot then agree as to the applicable highest fair market value within ten (10) days after delivery of Grantee's Appraisal to Declarant. then Declarant and Grantee shall within ten (10) days thereafter mutually agree on a third independent qualified appraiser acceptable to them to make en independent determination of the applicable highest fair market value (the "Final Appraisal"). Such Final Appraisal shall be delivered to Declarant and Grantee within thirty (30) days of the selection of the third appraiser. If Declarant and Grantee do not agree on a third independent qualified appraiser acceptable to them as specified above, then much third appraiser shall be appointed in accordance with the provisions of California Code of Civil Procedure Section 1281.6, or any successor statute, and in such event the independent deterndnatton of the highest fair market value made by the third appraiser so appointed shall be the 'Final Appraisal." If the third appraiser oust be appointed pursuant to the provisions of the California Code of Civil Procedure Section 1281.6, or any successor statute. Declarant shall file a petition to appoint the third appraiser with the Superior Court of Orange County, California ("Court"), and shall met the hearing on the petition on the earliest date permitted by the Court's calendar and by the applicable notice period required by law. Declarant and Grantee shall share equally the coat of the Final Appraisal. If the Final Appraisal states a fair market value between that of Declarant's Appraisal and Grantee's Appraisal., the Final Appraisal shall be the final and binding determination of the applicable market value. If the fair market value established in the Final Apptaisal is higher than (1) the fair market value established in Grantee's Appraisal or is lover than (2) the fair market value established in Declarant's Appraisal, or equal to either, then the final determination of the applicable fair merkat value shall be (I) or (2) depending upon which one is equal or closer to the fair market value established in the Final Appraisal. [D) The procedure set forth above for determining the applicable market value shall be the exclusive procedure therefor and shall be final, binding and nonappealable unless expressly waived by both parties in writing. It is the responsibility of Greece, to ensure that [hie procedure for determining highest fair market value 1s instituted in sufficient time to satisfy any commitments, agreoaents or needs of Grantee. 5.5 Waiver No Waiver by Declarant of a breach of any of the Restrictions by Grantee and no delay or failure to enforce any of the 14 Restrictions dull be construed or held to be • waiver of any succeeding or preceding breach of the same or any other of the Restrictions. No waiver of any breach or default of Grantee hsrsu der shall be implied from any omission by Declarant to take airy action, on eeeeuat of such breach or default if truth breech or default persists or is repeated, and no express velvet shall affect a breath or default other than as specified in said waiver. The consent or approval by 'teclerent to or of any act by Grantee requiring Declarant's consent or approval shall not be deemed to valve or render unnecessary Declarant.' consent or approval to or of any .ub.equant similar acts by Grantee. 5.6 Costs of Enforcement. In the event any legal or equitable action or proceeding shell be institutedbetween Declarant end Grantee to enforce any provision of this Declaration, the party prevailing In such action shall be entitled to recover from the losing party all of its costs, including court costs end reasonable attorneys' fees. 5 7 µiaht. of Lender.. No breach or violation of the Restrictions shall defeat or render invalid the lien of any mortgage, deed of trust or similar instrument securing a loan made in good faith and for value with respect to the development or permanent financing of the Land or any portion thereof; provided, however, that this Declaration and all provisions hereof shall be binding upon and effective against any subsequent owner or other occupant of the Land or portion thereof whose title la acquired by foreclosure, trustee's sale or deed in lieu of foreclosure but (a) such subsequent owner shall have a reasonable time after acquiring title in vhtch to cure any violations or correct and change any facts giving rise to Declarant's rights under thia Declaration occurring prior to such transfer of title and which are reasonably capable of being cured or changed provided, that 'such subsequent owner diligently acts to effect such cure or change (and in the event of such diligent end timely cure, such 'subsequent owner .ba11 have no further liability in connection with such prior violation or the continued existence of such violation until such cure is completed), and (b) Sections 5.1(a) (Damages) end 5.3 (Option to Repurchase the Land) shall not be applicable as to such subsequent owner with regard to any noncureble default occurring prior to the time such subsequent owner acquired title. Notwithstanding the foregoing, any such subsequent owner shall be required to use the Land in accordance with the restrictions set forth in Section 2.1(a) and diligently complete construction of any Specific Facilities and Other Improvements which are incomplete on the date such subsequent owner acquires title, all subject to the requirements contained in this Declaration, except the tine periods referred to in Section 2.1(c) shall be reasonably extended. For purposes of this Section, the construction or installation of any improvement in violation of the requirements of this Declaration shall be deemed 'curable' so long as reconstruction, repair or replacement in a manner consistent with the requirements of this Declaration is physically and legally possible (without respect to cost). 5.E Advances. Declarant shall be entitled to advance any sums Declarant in its sole discretion deems necessary to protect and preserve the security for its rights end interest under this Declaration (including but not limited to suns for completion of construction of the Specific Facilities or any offeite improvements, any property taxes or assessments, insurance premiums, or amounts secured or represented by enctmbran:ea or liens or other charges on any portion of the Land which appear to be prior to Declarant's rights and interest under this Declaration), all of which edvnmces together with interest at the maximum contract rate then permitted by law shall be paid to Declarant upon demand. ARTICLE 6. GENERAL PROVISIONS. 6.1 Unavoidable Delay Any prevention, delay or stoppage in the work of building the Specific Faculties, the Other Inprovomenc. and any other related improvements or other work ap provided for In tide Declaration caused by acts of Cod, war, inability to obtain labor or materials or reasonable substitutes therefor, or other similar matters or causes beyond the reasonable control of Grantee shall extend the time within which this Declaration require" certain acts to be performed for • period or period. equal to any period of such prevention, delay or stoppage, but not to exceed in the aggregate one year; provided, hor2ver, that nothing in this Section shall excuse the prompt payment of any and all amounts due from Grantee to Declarant as required herein or the performance of any act rendered difficult because of the financial condition of 15 Grande or because of any inability of Grantee to obtain funding item any sours. Without limiting the generality of the foregoing, in no event shall Grantee's inability to obtain construction or permanent financing for development of the Land, or et portion thereof, conacltute an unavoidable delay imminent to this Section. Furthermore, in no event shall any extension of any period of time be deemed to have occurred unless Grantee shell have given written notice to Declarant within fifteen (15) days following any such delay, setting forth the facts giving rise to mush extension; and provided further that the period of time for exercise of Declarant's rights shall be commensurately extended. 6.2 Continuous Operations. Grantee shall proceed continuously and diligently in accordance with the tents and conditions of this Declaration. In the event Grantee does not proceed continuously and diligently. such failure to so proceed may, at the option of Declarant, be considered en event of default herein, except as such failure it excused by reason of any unavoidable delay as set forth to the Section hereof entitled 'Unavoidable Delay.• 6.3 Covenants to Run With the Land: Term. (a) Covenants to Run With the Land. The land shall be held, improved, developed, conveyed, hypothecated, eneuabered, lammed, rented, used and occupied subject to the Restrictions set forth in this Declaration. The Restrictions are for the benefit of the Benefitted Property and are intended and shall be construed as covenants and conditions running with and binding the land and equitable servitudes upon the land and every part thereof. Furthermore, all and each of the Restrictions shall be binding upon and burden all persons having or acquiring any right, title or interest in the Land, or any part thereof, and their successors and asaig'e, and shall '.nme to the benefit of the Benefitted Property and the owners of the Benefitted Property, their successors and assigns, and shall be enforceable by Declarant and its successors and assign, all upon the term, provisions and conditions set forth herein. (b) tixi. All of the terms and provisions set forth in this Declaration shall continue in full force and effect in perpetuity, except that Declarant's 'Enforcement Rights' (as described In Section 2.8 above) shall terminate twenty-five (25) years from the Effective Dote hereof. (The provisions of this Declaration which shall survive in perpetuity shall include, without limitation Article 1, Sections 2.1 through 2.6, inclusive, 2.9, 2.10, Article 3, Sections 5.1, 5.2, 5.5 through 5.8, inclusive, and this Article 6.) 6.4 Assignment by Declarant. Declarant may assign any of its rights and powers under this Declaration to any fee ovner of any portion of the Benefitted Property, so long as such person or entity in writing agrees to accuse the duties of Declarant pertaining to the particular rights and powers assigned. Upon the recordation of such writing accepting much assignment end assuming such duties, such person or entity shall, to the extent of such assignment, have the same rights and powers and be subject to the Bone obligations and duties as are given to and assumed by Declarant herein. Without limiting the generality of the foregoing, Declarant may make such assignment se to the entire land or to any portion thereof. Unless specifically assigned in writing as stated in this paragraph, Declarant alone shall have the right to enforce the Restrictions and the other provisions of this Declaration or to recover damages or other amounts for violation of the Restrictions or breach of Grantee's duties hereunder. 6.5 Amendments. Except .?s provided in this Declaration concerning (a) substitution of other real property as the Benefitted Property. (b) release of any portion or all of the Land from this Declaration, (c) reacquisition of the Land by Declarant and (d) assignment by Declarant of Its rights under this Declaration, this Declaration may be terminated, extended or amended only by a writing executed by Declarant and Grantee and recorded against the Land. 6.6 gelemse. (a) Release by Declarant Declarant may release any portion of the Land from this Declaration at any Linea and for any reason without the approval of Grantee. (b) Pot Applicable to Declarant. Notwithstanding anything herein contained to the contrary. if Declarant reacquires title to the Land or any portion thereof at any time after the date hereof and record(a) a notice of 16 • ' termination of these Restrictions in the Office of the County Recorder of Orange County, California, these Restrictions shall cease and terminate and be of no further force or effect as to Declarant and sunk property, effective as of the date of such recordation. 6.7 Botic,. All notices, consents, requests, demands and other communications provided for herein shall be in vrititg mod ,hall be deemed to have been duly given if and when personally served or forty might (48) hours after being sent by United States registered mill. return receipt requested, postage prepared, to the other party at the following respective addresses: DECLARANT: THE IRVINE COMPANY c/o WINE LAND KBNAGEIUDR COMPANY Post Office Box I Newport Beach, California 92658-8904 Attention: President/11NC City of Newport Beach 3300 Newport Boulevard Poet Office Box 1768 Newport Beach. CA 92659-1768 or at such other address u Declarant or Grantee may designate to the other in writing in accordance with the provision of this Section. 6.8 GovernInt Law. This Declaration shall be governed by and construed under the laws of the State of California. 6-9 geversb111ty. In thm event that any portion of this Declaration shall become illegal, null or void or against any public polity. for any reason, or shall be held by any court of competent jurisdiction to be Mosel, null or void or against any public policy, the remaining portions of this Declaration shall not be affected thereby and shall remain in force end effect to the full extent permitted by law, 6.10 Captions. The captions used herein are for convenience only and ere not a part of this Declaration and do not in any way 1LLt or amplify the terns and provisions hereof, 6.11 )Snore Agreement. This Declaration,including Exhibits attached hereto which are incorporated herein by this reference, constitutes the entire agreement between the parties hereto pertaining to the subject matter hereof and all prior and contemporaneous agreements. representations, negotiations and understandings of the parties hereto. oral or written, are hereby superseded and merged herein. The forgoing sentence shall in no way affect the validity of the Agreement pursuant toe/deb Grantee acquired the Land or any inatrumena executed in connection therewith. 6.12 Gender and Number In this Declaration (unless the context requires otherwise), the masculine, feminine and neuter genders and the singular and the plural Include one another. 6.13 Time of the Essence. Tine is of the essence of each provision of this Declaration in which time is an element. 17 ` IN NITRES WHEREOF, the undersigned have executed this Declaration es of the data written below. °DECLARANT• THE Iran COIRARY, a Hiehigaa corporation STATE OF CALIFORNIA ) ).es COUNTY OF1 °GRANTEE• CITY OF NEWFORT RRACN, a California minis pal corporation On thigazeday of in the year 19V-before ne, the undersigned, a Notary public for said State, personally ppPeared et and era. P. 7liitfs�a� personally Imavn to ne (or proved to me on the base of Batista toff evidence) to be the pert o executed the within instrument sear ' andira ••24" t respectively, on behalf of THE IRVINE COMPARE and acknowledged to me that s corporation executed it. WITNESS my hand and official seal. 16 NEWS OF cauroOl1t t COUNTY OF ORNIGi 0n March 19. 1992, before as, tba titdarai9ned, a Notary Public in and for the state, peramally appeared Itillanows, known to se to be the Mayor, ggj+.ai T_Ron, known to no to be the City Manager, and panda N. Maggio, known to se to be the City Clerk, on behalf of the CITY OP MYMPOAT SIAM which exaaatad the within instr+nent pursuant to governing law and a resolution of its board of directors and acknowledge to us that the CITY OP MstP0fl WACO sxecanted it. MITMZBs ny band and official sea ffiIBIT 1 To Declaration of Special Restrictions Legal Description of •8enefitted Property• EIHIBIT •t• LEGAL DESCRIPTION BENEFITED PROPERTY FOR THE CITY OP NEWPORT BEACH LIBRARY SITE parcel l (500 and 550 Newport Center Drive and Adjacent Land) That portion of Block 93 of Irvine's Subdivision in the City of Newport Beach, County of Orange, State of California, as shown on a map filed in Book 1, page 88 of Miscellaneous Records Naps in the Office of the County Recorder of said Orange County, described as follows: BEGINNING at the easterly terminus of that certain course shown as having a bearing and length of 'South 80'14'38" East 91.45 feet" in the northerly right- of-way line of San Nicolas Drive on a map of Tract No. 6015, filed in Book 239, Pages 28 through 41 of Miscellaneous Maps in said Office of the County Recorder; thence along said right line and along the easterly right-of-way line of Newport Center Drive East, the southerly right-of-way line of Santa Rosa Drive and the southwesterly right-of-way line of San Joaquin Hills Road, all as shown on said map of Tract No. 6015 through the following courses: North 80'14'38' West 91.45 feet to the beginning of a tangent curve concave northeasterly and having a radius of 25.00 feet; thence along said curve westerly and northwesterly 38.16 feet through a central angle of 87'26'49" to a point of reverse curvature with a curve concave westerly and having a radius of 1670.00 feat, a radial line of said curve from said point bears North 82'47'49" West; thence along said curve northerly 472.13 feet through a central angle of 16'11'54' to a point of reverse curvature with a curve concave southeasterly and having a radius of 25.00 feat, a radial line of said curve from said point bears North 81'00'17" East; thence along said curve northerly and northeasterly 38.16 feet through a central angle of 87'26'49"; thence tangent from said curve North 78'27'06' East 69.97 feet to the beginning of a tangent curve concave northwesterly and having a radius of 825.50 feet; thence along said curve northeasterly 444.81 feet through a central angle of 30'52'23"; thence tangent from said curve North 47'34'43' East 2.20 feet to the beginning of a tangent curve concave southerly and having a radius of 25.00 feet; thence along said curve northeasterly and easterly 38.96 feet through a central angle of 89'17'26' to a point of reverse curvature with a curve concave northeasterly and having a radius of 6072.50 feet, a radial line of said curve from said point bears North 46'52'09" East; thence along said curve southeasterly 329.29 feet through a central angel of 3'06'25"; thence tangent from said curve South 46'14'16• East 31.81 feet to the northerly corner of Parcel 1 as shown on a nap filed in Book 13, Page 41 of Parcel Maps in said Office of the County Recorder; thence leaving said southwesterly right-of-way line of San Joaquin Hills Road and along the boundary of said Parcel 1 the following courses; South 44'06'14" West 140.00 feet; thence south 45'53'46' East 183.00 feat to the beginning of a tangent curve concave northerly and having a radius of 25.00 feet; thence along said curve southeasterly and easterly 39.27 feet through a central angle of 90'00'00"; thence tangent from said curve North 44'06'14" East 103.60 feet to the beginning of a tangent curve concave northwesterly and having a radius of 25.00 feet; thence along said curve northeasterly 13.23 feet through a central angle of 30'19'01* to a non -tangent intersection with said southwesterly right-of-way of San Joaquin Hills Road; thence leaving said boundary and along said right-of-way line South 46'14'16" East 48.72 feet to the northerly corner of Parcel 1 as shown on a map filed in Book 21, Page 18 of Parcel Haps in said Office of the county Recorder, said corner being a point in a non -tangent curve concave southeasterly and having a radius of 25.00 feet. a radial line of said curve from said point bears South 16'06'05' East; thence along the boundary of said Parcel 1 the following courses: along said curve southwesterly 13.00 feet through a central angle of 29'47'41"; thence tangent fron said curve South 44'06'14" West 104.09 feet to the beginning of a tangent curve concave easterly and having a radius of 25.00 feet; thence along said curve southwesterly and southerly 39.27 feet through a central angle of 90'00'00"; thence tangent from said curve South 45'53'46' East 186.00 feet to the westerly corner of Parcel 1 as shown On a map filed in Book 54, Page 23 of Parcel Maps in said Office of County Recorder; thence leaving the boundary of Parcel 1 as shown ADOPPPOP. DPL 1 tahlbit 1 Legal O..trtptlon et '6,e'ttt 4 Protest?' March I1. laei on maid nap filed in Book 21. Page 18 of Parcel Maps and along the boundary of Parcel 1 as shown on meld nap filed in Book 54, Page 23 of Parcel Mape South 45'53'46" But 68.09 feet to the beginning of • tangent curve coneays westerly and having a radius of 40.00 feet; thence continuing 'long maid boundary end maid curve southeasterly 36.39 feet through a central angle of 52'07'23° to the northeasterly corner of Parcel 3 as shorn on Parcel Map Bo. S4-706 filed in Book 192, Pages 1 and 2 of Parcel Maps in sold OEMs of the County Recorder, a radial line of maid curve from said corner bears Borth 83'46'23' West; thence along the boundary of said Parcel 3 and Parcel 2 se shorn on said Parcel hap the following courses: continuing along said curve southerly 26.44 Inc through • central angel of 37'52'37'; thence tangent from meld curve South 44'06'14' West 289.00 feet to the northeasterly corner of Parcel 1 aa shown an a map filed in Book 27, Page 43 of Parcel Maps in maid Ofrie■ of the County Recorder, acid corner being the beginning of a onrve tangent to last said course, concave northerly and having a radius of 40,00 feet; thence leaving the boudery of amid Parcel 2 and along the boundary of said Parcel 1 the following courage: along said curve southwesterly and westerly 62.83 feet through a central angel of 90'00'00"; thence tangent from said curve North 45'53'46" Vest 14.11 feet to the beginning of a tangent curve concave southerly and having a radius of 25.00 feet; thence along maid curve northwesterly and westerly 39.27 feet through • central angle of 90'00'00"; thence tangent from said curve South 44.06'14" West 99.44 feet to the beginning of a tangent curve concave southeasterly and having • radium of 25.00 feet; thence along said curve southwesterly 13.46 feet to a non -tangent intersection with the northeasterly right-of-way line of said San Nicolas Drive as described in a Grant of Easement to the City of Newport Beech recorded in Book 8967, Page 836 of Official Records in said Office of the County Recorder; thence leaving said boundary of Parcel 1 and along amid right-of-vay line am described in said Grant of Easement and as shown an said map of Tract No. 6015 the following courses: North 46'44'00' Veat 92.34 feet to the beginning of a tangent curve concave southwesterly and having a radium of 950.50 feet; thence along maid curve northwesterly 555.92 feet through a central angle of 33'30'38' to the POINT OF BEGINNING. parcel 2 (Fashion Island Shopping Center) That portion of Tract 6015, in the City of Newport Beech, County of Orange, State of California, as per nap filed in Book 239, pages 28 through 41, Miscellaneous Nips, records of said County, lying within the following described boundary; Commencing et the center line intersection of Santa Rosa Drive with Newport Center Drive East as show on maid map; thence south 78'27'06" West 48.00 feet along the Westerly prolongation of the center line of said Santa Rosa Drive to a point on a non -tangent curve concave, Westerly and having • radius of 1557.00 feet, said point being the True Point of Beginning, a radial to amid point bears North 78'27'06" East, sold curve being concentric with the center line of said Newport Center Drive East; thence Southerly 1314.59 feet along said curve through an angle of 48'22'31' to the beginning of a compound curve concave Northerly and having a radius of 757.00 feet; thence Westerly 1464.87 feet along said curve through an angle of 110'52'24" to the beginning of ■ compound curve concave Easterly and having a radius of 1757.00 feet: thence Northerly 1248.07 feet along said curve through an angel of 40'41'58" to the beginning of a compound curve concave Southerly and having a radius of 897.00 feet; thence Easterly 2438.09 feet along said curve through an angle of 155'43'57' to the beginning of • compound curve concave Westerly and laving, a radius of 1557,00 feet; thence Southerly 117.38 feet along said curve through an angle of 4'19'10" to the True Point of Beginning. mutt t bigot D,"crtpttae et "eeeetlted Preparis- asonvoP.DIL 2 IYrcb 11. tatl .G. EXHIBIT 2 To Decleretion of Special Restrictions Requirsaents for Specific Facilities W UIEDDRRS FOR SPECIFIC FACILITIES Description of Specific Facilities: A free public library and related driveways, accessvays and landscaping. Permitted Use: Public Library and related parking of private passenger automobiles during the hours from 6:00 a.m. to 11:30 p.m. daily. Maximum No. of Buildings: 1 Minimum Cross Floor Ares: 10,000 equate feet* Maximum Cross Floor Area: 65,000 square feet* Maximum Floor Area Redo: 50 percent Commencement Date: 12 months from Effective Date Completion Date: 36 months from Effective Date • By setting forth any required minimum or maximum gross foot area above, Declarant dace not thereby represent or warrant that toyer shall be able to develop the Land for such density. BEQUIREMEMIS FOR OTHER IMPiopp/IEMS Those Improvements required by ExbtSit I to the Exchange Agreement. ittarw.bit Spat ttl tntrttu Aeutt s Spo<ttta peatutima Mrs 11, IS EXHIBIT 3 To Declaration of Special Restrictions Subordination Agreement e• • When Recorded Mail To: THE IRVINiE COMPANY 550 Newport Canter Drive Newport Beach, CA 92660 Attention: presideet/ILIC Space above chip line for Recorder'. use A.R. No. SUBORDINATION AGREEMENT NOTICE; THIS SUBORDINATION AGREEMENT RESULTS IN YOUR RIGHTS AND INTERESTS AND YOUR SECURITY INTEREST IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY TNAN THE LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT. I. PARTIES AND DATE. This Subordination Agreement ("Agreement") is made this day of 19 by the CITY OF NEWPORT BEACI4, a California municipal corporation ('Owner"), owner of the 'land' (as defined below), and THE IRVINE COMPANY, a Michigan corporation ("TIC'), declarant under the Declaration (defined belov). II. AClu*ONLEDCKENTS Owner has executed a Declaration of Spacial Land Use Restrictions, Right of First Refusal, Mortgage Lien and Option to Repurchase (the "Declaration") dated 19 and recorded on as Instrument No. in the Official Records of Orange County California as an encumbrance on the title of the real property described as: Parcel In the Cite o£ Newport Beach, County of Orange, State of California, as shown on a parcel map filed in Book Pages_ to inclusive, of Parcel Naps, in the office of the County Recorder of Orange County (the "Land'). Owner has executed, or is about to execute, certain loan documents ('Loan Documents') dated 19_ with or In favor of ("Lender') to obtain and evidence a loan (the 'Loan') from Lender in the amount of $ The Loan Documents have all been delivered to TIC and include, without limitation, a Deed of Trust (the 'Deed of Trust') to be recorded concurrently with this Agreement as security for the obligations evidenced by the Loan Documents. Lender Is incurring its obligations In connection with the Loan in good faith and for value pursuant to an agreement with Owner. on which TIC Is relying and which is memorialized in the Loan Documents. that the proceeds of the Loan will be expended solely few ftnnncin; or refinancing of construction of certain improvements on the Land, the plans and specifications for which have been, or will, prior to the comenceoent of construction, be approved by TIC, all in accordance with the provisions of the Loan Documents, and for no other purpose unless approved by TIC in writing in ite sole discretion. A condition precedent to Lender's agreement to make the Loan is that the Deed of Trust shall be and remain at all times a lien or charge upon the Land prior and superior to certain enforcement rights and remedies of TIC under the Declaration. TIC and Owner agree thee Lc is to their mutual benefit thee Lander maks the Loan to Owner. This Agreement is made in consideration of the mutual benefits arykt.L Matelct*oe& nbibtt a Sobordanatton dareeeaauwrcb 1t. 1Mi r .• • to TIC sod Owner resulting from the loan and for other valuable consideration, the receipt end sufficiency of which is acknowledged by TIC and Caner. III. SvBORDIPATIOM. The Deed of Trust and any renewals or extensions thereof shell be and remain at all times a lion or charge on the Land prior and superior to Dsclarent's right of first refusal contained in Article 4 of the Declaration end the option to revere/sue contained in Section 5.3 of the Declaration, (collectively, the "Enforcement lights"); provided, however, that (1) the Declaration (including the Enforcement lights) shall be binding upon and effective against any subsequent owner or other occupant of the Land or any portion thereof whop title is acquired by foreclosure, trustee's sale, deed in lieu of foreclosure or otherwise sa provided in Section 5.7 of the Declaration, and (2) any subsequent owner shall have the curs rights as provided in Section 5.7. Notwithstanding anything to the contrary contained in this Agreement, Lander's foreclosure or similar or related proceeding under the Deed of Treat shall not extinguish the Declaration or TIC's Enforcement Rights, all of which shall survive such proceeding and shall be binding upon any subsequent owner acquiring title Iron Lender as stated above. IV. MISCELLANEOUS A. Entire Atreesnt. This Agreement shall be the whole and only agreement between TIC andOwner with regard to the subordination of TIC's Enforcement Rights and remedies under the Declaration to the lien or charge of the Deed of Trust. B Attorneys' Fees. Tbo prevailing party in any litigation respecting this Agreement shall be entitled to reimbursement of attorney's fees and costs, whether or not taxable, incurred in the litigation, "T1C" *OWNER' THE IRVINE COMPARE, CITY OF NEYFORT BEACH a Michigan corporation By: By: Its: Its: Hayor Ey: ATTEST: Its: Sy: Its: 2 APPROVED AS TO FORM: By: Its: City Attorney elwel ei eeatetettss netbtt e eeerdiaatlao AerawMlllareb It. 11112 STATE OF CALIFORNIA has COUNTY OF On 19 before me, the undersigned, a Notary Public Ln and for said State, personally appeared and personally known tone (or proved to me on the basis of satisfactory evidence) to be the persona who executed the within Lnstruasnt u and on babalf of THE IRVINE COMPANY, a Niehtgan corporation, and acknowledged to sr that said corporation executed it. WITNESS cry hand and official seal. Notary Public in and for said State STATE OP CALIFORNIA I ).ss COUNTY OF ) On , 19 , before me, the undersigned, a Notary Publte in and for said State, personally appeared personally known to in (or proved to me on the basis of satisfactory evfA..ve) to be the person who executed the within instrument ae Mayor, on behalf of City of Newport Beach, which executed the within instrument pursuant to governing law and a resolution of its board of directors and acknowledged to me that the City of Newport Beech executed it. WITNESS my hand and official seal. Notary Public in and for said State epeelal taatstetlees brl61Y 1 e,baNlwtiso AesewenwYtW, it, left