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HomeMy WebLinkAboutC-6299(A) - Memorandum of Lease Agreement (with Options for Renewal) r Recorded in Official Records, Orange County �-�. Hugh Nguyen, Clerk-Recorder RECORDING REQUESTED AND IIIIIIIIIIIPiIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIiIIIIIIIIIIIIIIIIIIIIIIIIII NO FEE WHEN RECORDED RETURN TO: : $ rt 0 0 0 7 8 4 7 7 6 9 $ 2015000487387 9:53 am 09123115 Office of the City Clerk 47 411 M10 10 City of Newport Beach 0.00 0.00 0.00 0.00 27.00 0.00 0.00 0.00 c� 100 Civic Center Drive �7 Newport Beach, CA 92660 t [Exempt from Recordation Fee-Govt.Code Sec.6103] MEMORANDUM OF LEASE AGREEMENT (WITH OPTIONS FOR RENEWAL) This Memorandum of Lease Agreement (With Options for Renewal) ("Memorandum") is dated March 1, 2013, and is made between City of Newport Beach, a California municipal corporation and charter city ("Lessor' or "City") and Ursini Family Limited Partnership, a California limited ]op partnership and Blue Lido Real Estate Investments LP, a California limited partnership NP (collectively "Lessee"), concerning the Premises described in Exhibits A" and 'B," attached hereto and by this reference made a part hereof. NF For good and adequate consideration, Lessor leases the Premises to Lessee, and Lessee hires them from Lessor, for the term and on the provisions contained in the Agreement dated March 1, 2013, 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 five (5) years, beginning March 1, 2013, and ending February 28, 2018, and one (1) additional successive "Renewal Term' of seventeen (17) years, on the same terms and conditions contained in the Agreement. 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] r� I -1- LESSOR: LESSEE: City of Newport Beach, Ursini Family Limited Partnership, a California municipal corporation a California limited partnership By: Ursini Investment LLC, Dave1 , City Manager 6N� a Wyoming close limited liability company Francis A. Ursini, Manager Blue Lido Real Estate Investments LP, a California limited partnership By: Blue Lido Investments LLC, a Wyoming close limited liability company q" , -f- �loanne T. Christian, Manager A&4 Phillip J. ilong Mana r Michael F. Campilongo, Manager ATTEST: O� NEWPO�� f- Al 1 u Leilani Brown cs Z City Clerk 9(/FpRN�P APPROV FORM: Aaron C. City Attorney -2- CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 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 On r 9 2-aL5-before me, V!,i vV_1_ DateHere In/se�Name and Title of the Officer personally appeared �YCdh0 15 IJP I VLI Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person($)-whose name(e) is/are- subscribed to the within instrument and acknowledged to me that he/shefthe"xecuted the same in his/her/ttleVauthorized capacity(os);and that by his/her/theirsignature("n the instrument the persop(s)- or the entity upon behalf of which the person(s)acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. KIM RIEFF WITNESS my hand and fficial seal. Can nbdon•1967536 Notary IS -CNNornia On9a Cam1Y1 Signature /249 M comm. iraa Jan 26,2016Signature of Notaryis Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑Corporate Officer — Title(s): ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑Attorney in Fact ❑ Individual ❑Attorney in Fact ❑Trustee -1 Guardian or Conservator ❑Trustee ❑ Guardian or Conservator ❑Other: ❑ Other: Signer Is Representing: Signer Is Representing: ©2014 National Notary Association • www.NationaiNotary.org • 1-800-US NOTARY(1-800-876-6827) Item 45907 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE§ 1189 ON A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. State of California ) County of/0&O rc<hG On 5Qkb'eK$ 2015- before mew , t�t r Date Here Insert Name and Title of4he Officer personally appeared :3_ccu- LG ( C Names) of Signer(s) who proved to me on the basis of satisfactory evidence to be the persop(s)'whose nameW is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in ! s her/theW authorized capacity(ios); and that by bWher/their`signature(,-)-on the instrument the personal, or the entity upon behalf of which the person(s) acted, executed the instrument. 1 certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. KWRffFF WITNESS my hand an official seal. Comm"Won• 19675M Nogry PWft•Calitomia OMP CW* Signatu Mv o . re C26,2016+ Signature of Nota blit Piece Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑Attorney in Fact ❑ Individual ❑Attorney in Fact ❑Trustee -1 Guardian or Conservator ❑Trustee ❑ Guardian or Conservator ❑ Other: ❑ Other: Signer Is Representing: Signer Is Representing: 02014 National Notary Association • www.NationaiNotary.org • 1-800-US NOTARY(1-800-876-6827) Item #5907 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE§ 1189 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 ofC�1C e ) On SP17tC�tn g.2�/S before meVI , 1 S Rt-e i( Date II Here Inert/Name and Mfr d Title of the fficer personally appeared t Lh C °L F C(A bn:P1 �Y�10CPn Name(s) of Signers) who proved to me on the basis of satisfactory evidence to be the person(srwhose nameWis/am subscribed to the within instrument nd acknowledged to me that he/sheAtW-executed the same in his/hpr/fberauthorized capacityand that by his/ber/thftk-signature(a)an the instrument the person( , or the entity upon behalf of which the person&W 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. KIM RIEFF WITNESS my hand andofficial seal. AFM Cotnmfasion#r 1967536 Nowt'Public-CaNfornia = Oran6a County Signature Ctrraaf =Jan 26,2016 Signature of Notary i5dw Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑General L Partner — ❑ Limited ❑ General ❑ Individual ❑Attorney in Fact Individual ❑Attorney in Fact ❑Trustee ❑ Guardian or Conservator ❑Trustee ❑ Guardian or Conservator Other: ❑ Other: Signer Is Representing: Signer Is Representing: 02014 National Notary Association -www.NationaiNotary.org - 1-800-US NOTARY(1-800-876-6827) Item#5907 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE§ 1189 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_Or-Gho r)`f {'� On 5 PJ l 2-C115V111-5 before me, Yl I 'L- Z J;_ G�10 t 4 pl��iC_ Date Here Insert N _e an-d Title of the Officer personally appeared C l � y7 a. � ,OhG� kernels)of Signer(s) who proved to me on the basis of satisfactory evidence to be the persorgos whose name(er is/aGa subscribed to the within instrument and acknowledged to me that he/sbeftheyexecuted the same in hisRlarfthe9r authorized capacity(ie<and that by his/ber/their s gnature(son the instrument the persori(s}, or the entity upon behalf of which the persog("cted, 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. KIM HIEFF WITNESS my hand a official seal. go ComrYssba N 1967536 NaNry PuMk-Cammia z OMPCoudy Signature Jw�Z6,2016+ Signature of Notary Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑Attorney in Fact ❑ Individual ❑Attorney in Fact ❑Trustee ❑ Guardian or Conservator ❑Trustee ❑Guardian or Conservator ❑ Other: ❑ Other: Signer Is Representing: Signer Is Representing: on 02014 National Notary Association •www.NationaiNotary.org • 1-800-US NOTARY(1-800-876-6827) Item #5907 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE§ 1189 Fotary public or other officer completing this certificate verifies only the identity of the individual who signed the ument to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. State of California ) County of 0li1 IQ f ) On "Y'-P"C 15,2015 before me, OnJLdti �AOFAFZ`i 'PJ$ltC, Date Here Insert Name and Title of the Officer personally appeared AVE k i f F Names) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(6) whose name(6) Ware subscribed to the within instrument and acknowledged to me that he/ahefthey executed the same in his/heW#m,r authorized capacity(iso, and that by his/her4h r signature(s)on the instrument the person(6), or the entity upon behalf of which the person(e) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my he and official seal. JENNIFER ANN MULVEV Commission N 2045022 i Notary Public-CWornia Signature /v Or+r�County ignature 'f Nota Public Mv Cormn res Oct 12 20111 Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑Corporate Officer — Title(s): ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Partner — ❑ Limited ❑General ❑ Individual ❑Attorney in Fact ❑ Individual ❑Attorney in Fact ❑Trustee ❑ Guardian or Conservator ❑Trustee ❑Guardian or Conservator ❑Other: ❑ Other: Signer Is Representing: Signer Is Representing: 02014 National Notary Association • www.NationaiNotary.org • 1-800-US NOTARY(1-800-876-6827) Item #5907 EXHIBIT"A" DESCRIPTION OF PREMISES { q _ q d Y p ti u N a D © �O S T _ � L um h 4 M f+ e. EXHIBIT"B" DEPICTION OF PREMISES 04763219 "�� � ri � rr36 1 N N n 6' g1 100= 0 ,0 1 io � ��� X29 Za6p1 �2jp04o '. 30TH ST v ' 04702211 9.+9�"S'SS 1o0;�h 2412 5 1 5�. 9 2910 0476 YAC 62Pk �3y9p°�o5 a` .64762213 'P - x93 gGpO`1 g 2908: 3i5w§.�.1 ' `d •` X92 q31 9°0Rg , 2NO= 047 02214 oar ozz�a9 � �z$r 3 9' 9 a 6 1o�p9 m m � 1p0 31 9 � ��y 21p039 8 047 023 01 28TH ST Ip 1 y A 6 'r.�.,?87 9 9140002691400005 91400006 0 _�., Oq�022 ,'.04701013 91400008- 91400013 1 9"000 21914 000 15 -1914000 11 91400007 6��4 j r 111 32, 1 0 2 28 27 lay 91400024 L. '--� 91400019 12 8140002391400019 91400034 n. c . '.},�. r�: 13 914 000 01,914 000 3091anno g14 r :� �• 914000321 9140002815 16 17 18: 18 20 21 ,J, 0.47 1006 3S n 047 010 09 =Ff a h s Newport Beach Disclaimer: Every reasonable effort has been made to assure the accuracy of the data provided,however,The City of GAS0 Newport Beach and its employees and agents disclaim any and all responsibility from or relating to o4�Ewroq> any results obtained in its use. 9 = 0 100 200 Imagery: 2009-2013 photos provided by Eagle Feet Imaging www.eagleaedal.com 8!14!2014