CITY OF LOS ANGELES INTERDEPARTMENTAL CORRESPONDENCE. DATE: June 25, 2014 TO:

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1 FORM GEN. 160 (Rev. 6-80) CITY OF LOS ANGELES INTERDEPARTMENTAL CORRESPONDENCE DATE: June 25, 2014 TO: FROM: Holly L. Wolcott, Interim City Clerk Room 395, City Hall Attn: Michael Espinosa, Legislative Assistant Melody McCormick, Director Department of General Services, Real Estate Services Division SUBJECT: QUITCLAIM DEED FOR MAYOR'S SIGNATURE SALE OF CAHUENGA BOULEVARD, LOS ANGELES, CA (NBCUNIVERSAL), APNS: & 061, CD-4 In connection with the sale of the above-referenced parcels as authorized by Ordinance No contained in Council File No S4 and approved for sale by the City Council on June 18, 2014, the attached document (Quitclaim deed) is transmitted in duplicate. A copy of the Ordinance and Council File Report are attached. To be executed as shown below: 1. Two 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. One original 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&CouncilFile

2 Free recording in accordance with California Government Code Section 6103 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: LATHAM & WATKINS LLP 355 South Grand Avenue Los Angeles, California Attn: Kim M A. Boras, Esq. MAIL TAX STATEMENTS TO: NBCUNIVERSAL CAHUENGA, LLC 100 Universal City Plaza Universal City, California Attn: Corinne Verdery (Space Above This Line For Recorder's Use Only) QUITCLAIM DEED FOR VALUE RECEIVED, the CITY OF LOS ANGELES, a municipal corporation ("City"), hereby quitclaims to NBCUNIVERSAL CAHUENGA, LLC, a Delaware limited liability company ("NBCUniversal"), all of its right, title and interest in and to that certain real property ("Property") situated in the City and County of Los Angeles, State of California, described on Exhibit A attached hereto and by this reference incorporated herein, reserving therefrom, in identical form, those easements, covenants, and other real property interests or rights that: (i) benefit the City, (ii) existed of record immediately prior to the City taking title to the Property, and (iii) have not been fully performed to the satisfaction of the City or otherwise rendered inapplicable by the fact that the terms of effectiveness of such easements, covenants, and other real property interests or rights have expired (such easements, covenants and other real property interests or rights, collectively, the "City Rights"), in the event and to the extent that the City Rights are extinguished by virtue of the City taking title to the Property. To the extent that the reservation of City Rights set forth immediately above is ineffective to preserve any one or more of the City Rights, NBCUniversal shall, subject to the City's cooperation, reinstate such extinguished City Rights of record with respect to the Property. Such obligation to reinstate extinguished City Rights shall run with the land and bind and inure to the benefit of NBCUniversal and the City and their respective successors and assigns. [see following page]

3 This Quitclaim Deed is made in accordance with the provisions of Council File No S4 of the City of Los Angeles. In witness whereof, City of Los Angeles, a municipal corporation, by its City Council, has caused this Quitclaim Deed to be executed on its behalf, by its Mayor, and its corporate seal to be thereto affixed by its City Clerk, as of the day of, The City of Los Angeles, a municipal corporation By: Eric Garcetti, Mayor Attest: Holly L. W,glcott, trim City Clerk

4 STATE OF CALIFORNIA ) COUNTY OF Lis 4-10cf ) ss. On c a4, (k(, 2014, before me, Nit a 44y Mor 4-KS, a notary public, personally appeared Er: c Gar CC Fk,, who proved to me on the basis of satisfactory evidence to be the person(&)- whose name(s) is/ate-subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/hex/their authorized capacity(ies-)-, and that by his/lierttheit signature(&)-on the instrument the person(e, 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. Witness my hand and official seal. Signature -20 (Seal) MANDY MORALES Commission ie Notary Public - California Los Angeles County Comm. Expires Aug4, 2015

5 Assessor Parcel Nos & 061 ORDINANCE NO An Ordinance of the City of Los Angeles authorizing and providing for the transfer of certain real property, located at 3400 & 3402 CAHUENGA BOULEVARD, to NBCUNIVERSAL MEDIA, LLC, a Delaware limited liability company, who is to pay for the City's cost of acquiring the property in connection with the NBC Universal Evolution Plan Project. THE PEOPLE OF THE CITY OF LOS ANGELES DO ORDAIN AS FOLLOWS: Sec. 1. The Council of the City of Los Angeles hereby finds and determines that public interest would be best served by a direct transfer to NBCUNIVERSAL MEDIA, LLC, of that certain real property to be acquired by the City of Los Angeles and located at the address and/or location set forth hereinafter, and that competitive bidding for the sale of such real property would not be practicable. It is hereby ordered that such real property be transferred, pursuant to certain conditions hereinafter set forth, and without notice of sale or advertisement for bids, to NBCUNIVERSAL MEDIA, LLC, at a purchase price of zero dollars and zero cents. Location: 3400 & 3402 CAHUENGA BOULEVARD, CITY OF LOS ANGELES, CA Legal Description: Please see the attached "Exhibit A" SUBJECT TO transfer in "AS IS" condition, and transferee receiving the City-owned property, by such act, expressly agreeing to receive the property 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 City has no obligation to correct any condition of the property, whether known before or after the date of the transfer. Sec. 2. The Mayor of the City of Los Angeles, in the name of and on behalf of said City, is hereby authorized and directed to execute a Quitclaim Deed to the said real property described in Section 1 of this Ordinance, conveying title to NBCUNIVERSAL MEDIA, LLC, or it's nominees or lawful successors in interest thereof; the City Clerk of said City is hereby authorized and directed to attest thereto and to affix the City Seal. 1

6 Sec. 3. The Department of General Services, Real Estate Services Division, is authorized to open escrow, deliver deeds, and process all necessary documents to effectuate this transfer. The transferee, NBCUNIVERSAL MEDIA, LLC, shall pay escrow and incidental costs associated with this property transfer transaction including, but not limited to, recording fees, documentary transfer fees, title insurance fees, escrow fees, personal property taxes where applicable, and any other real estate transaction taxes. Transferee, at its own expense, may obtain any desired survey of the property. Sec. 4. The City Clerk shall certify to the passage of this Ordinance and have it published in accordance with Council policy, either in a daily newspaper circulated in the City of Los Angeles or by posting for ten (10) days in three public places in the City of Los Angeles; one copy on the bulletin board located at the Main Street entrance to the Los Angeles City Hall; one copy on the bulletin board located at the Main Street entrance to the Los Angeles City Hall East; and one copy on the bulletin board located at the Temple Street entrance to the Los Angeles County Hall of Records. I hereby certify that this ordinance was passed by the Council of the City of Los Angeles, at its meeting of JUN 1 Fi PM HOLLY L. WOLCOTT, Interim City Clerk Approved 017/ 1 Y By OUL Deputy Mayor Approved as to Form and Legality MICHAEL N. FEUER, City Attorney By Date File No. EDWARD YOUNG Deputy City Attorney 6(l24(i CF S4 2

7 EXHIBIT "A" PARCEL 1: PARCEL "C" IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON PARCEL MAP L.A. NO. 5343, FILED I N BOOK 172 PAGES 5 AND 6 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. PARCEL 2: PARCEL "B" IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON PARCEL MAP L.A. NO. 5343, FILED I N BOOK 172 PAGES 5 AND 6 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT THEREFROM THE SOUTHEASTERLY 8.25 FEET. END OF LEGAL DESCRIPTION 3

8 THE CITY OF LOS ANGELES, a municipal corporation QUITCLAIMS TO NBCUNIVERSAL CAHUENGA, LLC, a Delaware limited liability company JOB TITLE: 3400 and 3402 Cahuenga Boulevard Los Angeles, CA APN: ( 059 & 061 ) CADASTRAL MAP: 159 B 181 QUITCLAIM DEED Approved as to Authority Department of General ory ces By: Al/ TONY. ROYSTER, General, 2014 er Approved as to Description JUNIE 2014 Department o Gene al Services By JOS L. RAMIRE, Aut orized_p_ff er Approved as to Form & Legality , 2014 MICHAEL N. FEUER, City Attorney By: EDWARD C. YOUNG, Deputy City"-Attorney Council File No S4

9 Exhibit A to Quitclaim Deed LEGAL DESCRIPTION PARCEL 1: PARCEL "C" IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON PARCEL MAP L.A. NO. 5343, FILED I N BOOK 172 PAGES 5 AND 6 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. PARCEL 2: PARCEL "B" IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON PARCEL MAP L.A. NO. 5343, FILED IN BOOK 172 PAGES 5 AND 6 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT THEREFROM THE SOUTHEASTERLY 8.25 FEET. END OF LEGAL DESCRIPTION APN Nos ,

10 SEPARATE STATEMENT OF DOCUMENTARY TRANSFER TAX County Recorder Los Angeles County Dear Sir: In accordance with California Revenue and Taxation Code Section 11932, it is requested that this Statement of Documentary Transfer Tax due not be recorded with the attached deed, but be affixed to the deed after recordation and before return as directed on the deed. The deed names the CITY OF LOS ANGELES, a municipal corporation of the State of California, as transferor, and NBCUniversal Cahuenga, LLC, a Delaware limited liability company, as transferee. The land and improvements being transferred are located in the City and County of Los Angeles, State of California. The amount of the documentary transfer tax due on the attached deed is $225, for the City of Los Angeles, and $55, for the County of Los Angeles, computed on the full value of the property described. Very truly yours, CITY OF LOS ANGELES, a municipal corporation of the State of California By: (Iinile I gd Name: jonv M. ROYSter Title: Departmer ener@i_manari,, er APPROVED AS TO FORM: r OfTeN, MICHAEL N. FEUER, City Attorney By: Deputy City Attorne L.1