CITY OF LOS ANGELES INTERDEPARTMENTAL CORRESPONDENCE
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1 FORM GEN. 160 (Rev. 6-80) CITY OF LOS ANGELES INTERDEPARTMENTAL CORRESPONDENCE DATE: September 21, 2011 TO: FROM: June Lagmay, City Clerk g Room 395, City Hall :Adam Lid; Legislative Assistant ' ~ i ~'""""-.-v~ e r a! on Jones-Sawy, r., Director Dep ment f General Se ices, sset Management Division SUBJECT: GRANT DEED- SALE OF SURPLUS AUCTION PROPERTY LOCATED AT DEPAUW STREET, PACIFIC PALISADES, CA 90272, APN: , CD-11 In connection with the sale of the above-referenced parcel as authorized by Ordinance No contained.in Council File No , the attached document (Grant Deed) is transmitted in triplicate. A copy of the Ordinance and Council File Report are attached. To be executed as shown below: 1. Three originals to be executed by the Mayor and attested to by the City Clerk. Please notarize the Mayor's signature. 2. One original for the City Clerk's file. 3. Two originals to be returned to GSD. After the attached documents have been executed, please contact James R. O'Camb, Real Estate Officer I, at (213) or David L. Roberts, Prope1ty Manager I, at (213) for pick-up or if you have any questions. ATTACHMENTS Ordinance&Counci!File
2 FORM GEN. 160 (Rev 6-80) CITY OF LOS ANGELES INTERDEPARTMENTAL CORRESPONDENCE DATE: TO: September 21, 2011 June Lagmay, City Clerk Room 395, City Hall : Adam' Lid, Legislative Assist FROM: SUBJECT: GRANT DEED- SALE OF SURPLUS AUCTION PROPERTY LOCATED AT DEPAUW STREET, PACIFIC PALISADES, CA 90272, APN: , CD-11 In connection with the sale of the above-referenced parcel as authorized by Ordinance No contained in Council File No. I , the attached document (Grant Deed) is transmitted in triplicate. A copy of the Ordinance and Council File Report are attached. To be executed as shown below: l. Three originals to be executed by the Mayor and attested to by the City Clerk. Please notarize the Mayor's signature. 2. One original for the City Clerk's file. 3. Two originals to be returned to GSD. After the attached documents have been executed, please contact James R. O'Camb, Real Estate Officer I, at (213) or David L. Roberts, Property Manager I, at (213) for pick-up or if you have any questions. ATTACHMENTS Ordinance&Counci!Fi\e
3 Approved as to form by City Attorney RECORDING REQUESTED City of Los Angeles When Recorded Mail to DOC. TRANS. TAX: $1, L.A. County (80) $4, L.A. City (44) COMPUTED ON FULL VALUE OF THE PROPERTY METRO CAPITAL II LLC 8350 WILSHIRE BLVD. BEVERLY HILLS CA Attn: Reza Akef GRANT DEED DEPARTMENT OF GENERAL SERVICES Asset Management Division APN: THE CITY OF LOS ANGELES a municipal corporation, in consideration of ONE MILLION NINETY THOUSAND DOLLARS ($1,090,000.00) paid, the receipt of which is hereby acknowledged, does hereby GRANTTO ' METRO CAPITAL II, LLC, a Limited Liability Company The real property in the City of Los Angeles, County of Los Angeles, State of California, described as: LEGAL DESCRIPTION: See attached EXHIBIT "A" commonly known as: DEPAUW STREET, PACIFIC PALISADES, CALIFORNIA EXCEPTING AND RESERVING unto the City of Los Angeles, all oil, gas, water, and mineral rights now vested in the City of Los Angeles without, however, the right to use the surface of said land or any portion thereof to a depth of 500 feet below the surface, for the extraction of such oil, gas, water and minerals. SUBJECT to covenants, conditions, restrictions, reservations, easements, encroachments, rights and rights-of-way of record or which are apparent from a visual inspection of the real property. SUBJECT property is sold in an "AS IS" condition, and without any warranty as to fitness for use, fitness for a particular use, or condition of the property, and that the seller has no obligation to correct any condition of the property, whether known before or after the date of sale. SUBJECT to the terms and conditions of the California Coastal Commission Permit No AS, and NOTICE that the park created by the restoration program identified in the Permit is deeded for public purposes in perpetuity. This deed is made in accordance with provisions of Ordinance No of the City of Los Angeles.
4 EXHIBIT "A" ADDRESS: DEPAUW STREET APN: LEGAL DESCRIPTION LOT 17, IN BLOCK 19, TRACT NO IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 125, PAGES 55 THROUGH 781NCLUSIVE, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT THEREFROM ALL OIL, GAS, MINERALS AND OTHER HYDROCARBON SUBSTANCES BELOW A DEPTH OF 500 FEET, BUT WITHOUT THE RIGHT OF SURFACE ENTRY, RESERVED BY CLARA LOUISE OLIVER, A MARRIED WOMAN AND JACK RICHARD OLIVER, HER HUSBAND BY DEED RECORDED MARCH 21, 1985 AS INSTRUMENT NO , OFFICIAL RECORDS. ALSO EXCEPTING AND RESERVING TO THE CITY OF LOS ANGELES ANY INTEREST IN THE FEE TO THE ADJACENT STREET WHICH WOULD OTHERWISE PASS WITH THE CONVEYANCE OF THE ABOVE DESCRIBED PARCEL OF LAND.
5 Auction Sale of Surplus Property DePauw Street Pacific Palisades CA APN: THE CITY OF LOS ANGELES, a municipal corporation GRANTS TO METRO CAPITAL II, LLC, a Limited Liability Company GRANT DEED CADASTRAL MAP: _,_,12""6""B""12""5' Approved as to Authority Date: 0.t.l.24:/.i.J... Executed in Accordance with Ordinance No.l81613 Approved as to Description Approved as to Form & Legality Date:... CJ. -::.J ~. ~-../ /...,, CARMEN a!wl A. TRUTANICH, City Attorney f,~-...,..., Deputy City Attorney Council File No
6 IN WITNESS WHEREOF, City of Los Angeles, a Municipal Corporation, by its City Council, has caused this Grant Deed to be executed on its behalf, by its Mayor, and its cotporate seal to be thereto affixed by its City Clerk, this '2--S" day of Oc~be r, ES By LLARAIGOSA, Mayor Attest: JUNE LAGMA Y, City Clerk i!j +-- By_G--/L STATE OF CALIFORNIA} SS
7 STATE OF CALIFORNIA} SS COUNTY OF LOS ANGELES} On Vcf<> bt-r -2'0, ~ o!i before me M a " ol Y M or«- 1-t:...s personally appeared, _ At'-tofl:"' R. llolt'\.1'"'-<~o.r"- who proved to me on the basis of satisfactory evidence to be the person(,ywhose name\.91 is/a>e subscribed to the within instrument and acknowledged to me that he/sa.1tl>ey executed the same in his/~r/tl!eir authorized capacity(.ire), and that by his/ll.l!l'ltheit signature(<t) on the instrument the person(~>), or the entity upon behalf of which the personjm 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 hand and official seal. Signature 111M /Jt ~ My Commission expires ~" H 'I, fj. Of S THIS AREA FOR OFFICIAL NOTARIAL SEAL
8 Approved as to form by City Attorney RECORDING REQUESTED City of Los Angeles When Recorded Mail to DOC. TRANS. TAX: $ L.A. County (80) $ L.A. City (44) COMPUTED ON FULL VALUE OF THE PROPERTY METRO CAPITAL ll LLC 8350 WILSHIRE BLVD. BEVERLY HILLS. CA Attn: Reza Akef GRANT DEED DEPARTMENT OF GENERAL SERVICES Asset Management Division APN: THE CITY OF LOS ANGELE,. a municip.al cor:g_orationa in consideration of ONE MILLION THREE HUNDRED SIXTY THOUSAr11v DOLLARS ~:~>1,360,u00.00) paid, the receipt of which is hereby acknowledged, does hereby GRANT TO METRO CAPITAL I, LLC, a Limited Liability Company, The real property in the City of Los Angeles, County of Los Angeles, State of California, described as: LEGAL DESCRIPTION: See attached EXHIBIT "A" commonly known as: DEPAUW STREET, PACIFIC PALISADES, CALIFORNIA EXCEPTING AND RESERVING unto the City of Los Angeles, all oil, gas, water, and mineral rights now vested in the City of Los Angeles without, however, the right to use the surface of said land or any portion thereof to a depth of 500 feet below the surface, for the extraction of such oil, gas, water and minerals. SUBJECT to covenants, conditions, restrictions, reservations, easements, encroachments, rights and rights-of-way of record or which are apparent from a visual inspection of the real property. SUBJECT property is sold in an "AS IS" condition, and without any warranty as to fitness for use, fitness for a particular use, or condition of the property, and that the seller has no obligation to correct any condition of the property, whether known before or after the date of sale. SUBJECT to the terms and conditions of the California Coastal Commission Permit No A8, and NOTICE that the park created by the restoration program identified in the Permit is deeded for public purposes in perpetuity. This deed is made in accordance with provisions of Ordinance No Angeles. of the City of Los
9 EXHIBIT "A" ADDRESS: DE PAUW STREET APN: LEGAL DESCRIPTION LOT 20, IN BLOCK 19, TRACT NO IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 125, PAGES 55 THROUGH 78 INCLUSIVE, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT THEREFROM ALL OIL, GAS, MINERALS AND OTHER HYDROCARBON SUBSTANCES BELOW A DEPTH OF 500 FEET, BUT WITHOUT THE RIGHT OF SURFACE ENTRY, RESERVED BY DEEDS RECORDED NOVEMBER 26, 1979 AS INSTRUMENT NO AND FEBRUARY 20, 19851NSTRUMENT NO BOTH OFFICIAL RECORDS. ALSO EXCEPTING AND RESERVING TO THE CITY OF LOS ANGELES ANY INTEREST IN THE FEE TO THE ADJACENT STREET WHICH WOULD OTHERWISE PASS WITH THE CONVEYANCE OF THE ABOVE DESCRIBED PARCEL OF LAND.
10 JOB TITLE: Auction Sale of Surplus Property DePauw Street Pacific Palisades CA APN: THE CITY OF LOS ANGELES, a Municipal Corporation GRANTS TO METRO CAPITAL I, LLC, a Limited Liability Company GRANT DEED Executed in Accordance with Ordinance No.l81613 CADASTRAL MAP: -'"12"'6'-"B'-"12,5' Approved as to Authority Date: q / ~:part.10.~~~g/..... TONY ~-ROYSTER, General Manager Approved as to Description Depr::: olenk'~:::a_ By... c ' l ~Y.l~.... Approved as to Form & Legality Date:.9../ /.(t,.f.t.l..... CARMEN A. TRUTANICH, City Attorney., Uoca~vr:.;S;J~..., Deputy City Attorney Council File No
11 IN WITNESS WHEREOF, City of Los Angeles, a Municipal Corporation, by its City Council, has caused this Grant Deed to be executed on its behalf, by its Mayor, and its corporate seal to be thereto affixed by its City Clerk, this 2-S" day of 0<-+<>h~, ANTONIO R. VILLARAIGOSA, Mayor By Attest: JUNE LAGMA Y, City Clerk cr-(l{)-r By
12 COUNTY OF LOS ANGELES} On &cj b'<' 2~, Z-o II before me, I'A.t~ ~ d y t.t<ora I es personally appeared, _ AA+M;o K Vii\ Ill',..;') o-;. o... who proved to me on the basis of satisfactory evidence to be the person(m' whose name(-"1 is/ subscribed to the within instrument and acknowledged to me that he/slrt!1fhey executed the same in his/]ler/t)<eir authorized capacity(ipa-), and that by his/l).erltb<>ir signatur~ on the instrument the person,im, or the entity upon behalf of which the personjm-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 hand and official seal. Signature ~ ~ My Commission expires ftia{i~.s-t If, 2<11 <;;" THIS AREA FOR OFFICIAL NOTARIAL SEAL JOB TITLE:
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