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HomeMy WebLinkAboutC-6076(A) - Bay Front S, 508 - MOLI R RECORDING REQUESTED AND WHEN RECORDED RETURN TO,, Office of the City Cleve - ­ City of Newport Beach 100 Civic Center Drive Newport Beach, CA 92660 Recorded in Official Records, Orange County Hugh Nguyen, Clerk-Recorder ]111II jjIIIII1111IIIIIIII11111111JIIIIII11111111 NO FEE $IIII11I111 I 201500016332211:03 am 03131115 47 411 M10 9 0.00 o.00 0.00 0.00 24.00 0.00 0.00 0.00 [Exempt from Recordation Fee - Govt. Code Sec. 6103] MEMORANDUM OF LEASE AGREEMENT This Memorandum of Lease Agreement ( "Memorandum ") is dated "'t 111, 2015, and is made between City of Newport Beach, a California municipal corporation and charter city ( "Lessor' or "City ") and Vallely Boat Rentals, a sole proprietorship ( "Lessee "), concerning the Premises described in Exhibits "A; and "B," attached hereto and by this reference made a part hereof. For good and adequate consideration, Lessor leases the Premises to Lessee, and Lessee leases them from Lessor, for the term and on the provisions contained in the Agreement dated cv- I L , 2015, including without limitation provisions prohibiting assignment, subleasing, and encumbering said leasehold without the express written consent of Lessor in each instance, all as more specifically set forth in said Agreement, which said Agreement is incorporated in this Memorandum by this reference. The term is fifty (50) years, beginning M -tI`- 17' , 2015, and ending M "`1- ] 1 , 2065 This Memorandum is not a complete summary of the Agreement. Provisions in this Memorandum shall not be used in interpreting the Agreement's provisions. In the event of conflict between this Memorandum and other parts of the Agreement, the other parts shall control. Execution hereof constitutes execution of the Agreement itself. [Signatures on the next page] -1- / �1 LESSOR City of Newport Beach A Municipal Corporation Lv Dave Ki City Manager ATTEST: City Clerk APPROVED AS TO FORM: &1,4�(. O'Z-, Aar n d, Harp City Attorney LESSEE Vallely Boat Rentals A Sole Proprietorship Jon o Stephen Vallely Sole Proprietor 2 CALIFORNIA TT ACK. /jU�A ACHED 3 / It /2i)IS 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 Orange On 3� I t ( e, before me, R.H. BADANI, Notary Public (insert name and title of the officer) personally appeared -3 1 Iv r �1 V who proved tome on the basis of satisfactory evidence to be the pe on(owhose name(&) is /are- subscribed to the within instrument and acknowledged to me that he /s4eHhey executed the same in his /herftFreir authorized capacity(ies), and that by his /heotheir signature(&) -on the instrument the person(&), or the entity upon behalf of which the person(socted, 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. WITNESS my hand and official seal.. R. H. BADANI I- COMM.1977059 W 09AE �J �l Aty Term Exi, may 91, 2016 Signature (Seal) OPTIONAL Though the information below is not required b) law. it m,, ^.v prove valuable to persons relcing on the document and could prevcot fraudulcul remov:it and rcatlachment of this form to another doeunrenl. Description of Attached Document Title or Type of Document Document Date: 3� Il 115 Number of Pages: )1 uLY)'1.©YCtn11;�,t.t,•^frt 06 L2-0- Q Y rL .QJfrt�m -�� (Not including this page) Signer(s) Other Than Named Above: Exhibit A DESCRIPTION OF PREMISES DESCRIPTION OF PREMISES Beginning at the most southeasterly corner of Lot 6, Block 9, Resubdivision of Section One, Balboa Island Tract, (recorded in Miscellaneous Maps, Book 6, Page 30, 07/09/1910), thence S 35 -58 -00 W 60.59' to the True Point of Beginning (TPOB), thence continuing S 35 -58 -00 W 47.68', thence N 53 -17 -42 W 60.00', thence N 35 -58 -00 E 42.79', thence S 54 -02 -00 E 22.17', thence N 35 -30 -47 E 48.35', thence N 54 -52 -21 W 5.04', thence N 35 -07 -44 E 7.31', thence S 43 -52 -03 E 15.17', thence S 35 -07 -47 W 4.34', thence N 54 -52 -27 W 5.09', thence S 35 -07 -40 W 23.44', thence S 54 -52 -24 E 5.04', thence S 35 -58 -00 W 21.18', thence S 54 -02 -00 E 28.03', to the True Point of Beginning (TPOB). Containing an area of 3,159 square feet, more or less. Basis of Bearings being the centerline of Opal Avenue, shown as S 35 -58 -00 W per said Tract Map (MM 6/30). 100 12.5 Vallely Marina Lease City of Newport Beach 508 Bay Front S GIs DINI'l. M.,ch 11, 2015 Exhibit B DEPICTION OF PREMISES t Y�