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Roberta H. Hughan Revocable Trust - Memorandum of Purchase and Sale Agreementecording Requested by: Old Republic Title Co. Old Republic Title Co. Escrow no. 0621007194 WHEN RECORDED MAIL TO: City of Gilroy 7351 Rosanna Street Gilroy, CA 95020 iDOCUMENT. iiiiiiiiii�iiiii� 23474255 AMT PAID REGINA ALCOMENDRAS SANTA CLARA COUNTY RECORDER Recorded at the request of #625 OLD REPUBLIC ER - SPL Space Above This Line for Recorder's Use Only MEMORANDUM OF PURCHASE AND SALE AGREEMENT This Memorandum of Purchase and Sale Agreement ( "Memorandum ") is executed as of this day of October, 2016, in connection with that certain Purchase and Sale Agreement, dated as of September2016 ( "Purchase Agreement') by and between Roberta H. Hughan Trustee of the Roberta H. Hughan Revocable Trust dated January 31, 2012, as to an undivided one third interest, Monica Pirozzoli and Maureen Botill, Co- Trustees of the Marcia H. Bodnar Living Trust dated January 10, 2016, as to an undivided one third interest, and Monica Pirozzoli and Gwyneth Sauceda, Co-Trustees of the Ronald F. Howson Trust dated December 3, 2006, as to an undivided one third interest, all as tenants in common (each a "Seller" and collectively, the "Sellers "), and the City of Gilroy, a municipal corporation ( "Buyer"), relating to the sale to Buyer of that certain real property consisting of approximately 2,391 square feet located at the corner of Third Street and Santa Teresa Boulevard in the City of Gilroy, County of Santa Clara, State of California, and more particularly described on Exhibit A attached hereto ( "Property "). 1. Seller and Buyer have entered into the Purchase Agreement, which requires that Seller convey, or cause to be conveyed, the Property to Buyer on the terms and conditions set forth therein, including, without limitation, Section 6 and Section 7 of the Purchase Agreement which are set forth in their entirety in Exhibit B attached hereto. 2. This Memorandum is prepared for the purpose of recordation and providing notice to third parties of the above obligation and of the existence of the Purchase Agreement. This Memorandum does not in any way modify the Purchase Agreement. 4. This Memorandum may be signed by the parties in different counterparts and the signature pages combined shall create a document binding on all parties. 4818- 7515 -11620 SSCORDELiSl04706083 [SIGNATURES ON FOLLOWING PAGE] Pages: 9 49.00 .00 .00 49.00 RDE # 003 1012412016 08:31 AM Recording Requested by: Old Republic Title Co. Old Republic Title Co. Escrow no. 0621007194 WHEN RECORDED MAIL TO: City of Gilroy 7351 Rosanna Street Gilroy, CA 95020 THIS DOCUMENT HAS BEEN _LEC kOi�ICAL�" RECORDED. SEE IFHE ATTACHED COVER PAGE FOR RECORDING INFORMATION Space Above This Line for Recorder's Use Only MEMORANDUM OF PURCHASE AND SALE AGREEMENT This Memorandum of Purchase and Sale Agreement ( "Memorandum ") is executed as of this day of October, 2016, in connection with that certain Purchase and Sale Agreement, dated as of Sep emberZZ2016 ( "Purchase Agreement ") by and between Roberta. H. Hughan Trustee of the Roberta H. Hughan Revocable Trust dated January 31, 2012, as to an undivided one third interest, Monica Pirozzoli and Maureen Botill, Co- Trustees of the Marcia H. Bodnar Living Trust dated January 10, 2016, as to an undivided one third interest, and Monica Pirozzoli and Gwyneth Sauceda, Co- Trustees of the Ronald F. Howson Trust dated December 3, 2006, as to an undivided one third interest, all as tenants in common (each a "Seller" and collectively, the "Sellers "), and the City of Gilroy, a municipal corporation ( "Buyer "), relating to the sale to Buyer of that certain real property consisting of approximately 2,391 square feet located at the corner of Third Street and Santa Teresa Boulevard in the City of Gilroy, County of Santa Clara, State of California, and more particularly described on Exhibit A attached hereto ( "Property "). 1. Seller and Buyer have entered into the Purchase Agreement, which requires that Seller convey, or cause to be conveyed, the Property to Buyer on the terms and conditions set forth therein, including, without limitation, Section 6 and Section 7 of the Purchase Agreement which are set forth in their entirety in Exhibit B attached hereto. 2. This Memorandum is prepared for the purpose of recordation and providing notice to third parties of the above obligation and of the existence of the Purchase Agreement. This Memorandum does not in any way modify the Purchase Agreement. 4. This Memorandum may be signed by the parties in different counterparts and the signature pages combined shall create a document binding on all parties. [SIGNATURES ON FOLLOWING PAGE] 4818 - 7515 -11620 SSCORDELIS104706083 IN WITNESS WHEREOF, the parties hereto have executed this Memorandum as of the date first set forth above. [11114 1011X' ROBERTA H. HUGHAN, Trustee of the Roberta H. Hughan Revocable Trust dated January 31, 2012 By: Roberta H. Hughan, Trustee MONICA PIROZZOLI AND MAUREEN BOTILL, Co- Trustees of the Marcia H. Bodnar Living Trust dated January 10, 2016 By: .41-0 Monica Pirozzoli, T By: �G (wit Qom_ Maureen Botill, Trustee MONICA PIROZZOLI and GWYNETH SAUCEDA, Co- Trustees of the Ronald F. Howson Trust dated December 3, 2006 By: 44- R m2A., Monica Pirozzoli, Trustee By: �= = G auceda, trustee [Signatures Continue on Following Page] 4818 - 7515 -11620 SSCORDELIS104706083 1jfa;ii CITY OF GILROY, a municipal corporation ,!..I Name: C%a i,ei i �•�Za pZ Title: Gv b►�'�pi- Date: i to �l0i V Go APPROVED AS TO FORM: 1�1- City 4818 - 7515- 1162v1 SSCORDELIM04706083 Attorney LEGAL DESCRIPTION All that real property situated in the City of Gilroy, County of Santa Clara, State of California, being a portion of "Parcel 2" as shown on the Parcel Map filed December 8, 1989, in Book 608 of Maps, at Page 8, Records of Santa Clara, California being more particularly described as follows: Beginning at the southwest corner of said "Parcel 2 "; thence along the west line of said "Parcel 2 ", N04 055'54 "E, a distance of 40.53 feet to the beginning of a non - tangent curve to the left, of which the radius point lies N60 °58'50 "E, a radial distance of 61.50 feet; thence leaving said west line and southeasterly along said curve, through a central angle of 56 °28'00 ", a distance of 60.61 feet; thence S85 029'10 "E, a distance of 100.00 feet; thence SO4 °30'50 "W, a distance of 13.00 feet to the south line of said "Parcel 2 "; thence along said south line, N85'29'1 OW, a distance of 151.56 feet to the Point of Beginning. Containing 2,391 square feet, more or less. The bearing of N04 055'54 "E between found monuments along the centerline of Santa Teresa Boulevard, as shown on the map entitled, "Tract 10267, Heartland Estates ", filed June 29, 2015 in Book 884 of Maps, at Pages 25 through 31, Records of Santa Clara County, California was used as the Basis of Bearings. END OF DESCRIPTION. This description was prepared by me or under my direction pursuant to the requirements of the Professional Land Surveyor's Act. B l 21�0/� p S B n Pierce, PLS 8859 Date ti Flo Expires: 12 /31/2017 ,� 9 cc AGE � _ * N°• 069 g < 2 "0 qTE OF GP� �o- I 70' I I ° I 0 w� m O O0 r) to C!� w rn tii MM Lo rQ z C Q CD u� z BASIS OF BEARINGS THE BEARING OF N04'55'54 "E BETWEEN FOUND MONUMENTS ALONG THE CENTERLINE OF SANTA TERESA BOULEVARD, AS SHOWN ON THE MAP ENTITLED, "TRACT 10267, HEARTLAND ESTATES ", FILED JUNE 29, 2015 IN BOOK 884 OF MAPS, AT PAGES 25 THOUGH 31, RECORDS OF SANTA CLARA COUNTY, CALIFORNIA WAS USED AS THE BASIS OF BEARINGS. PARCEL 2 I (608 -M -8) N60'58'50 "E(R) DESCRIBED LAND N 12,391 SQUARE FEET N85'29' 10 "W 100.00' POB N85'29'10 "W 151.56' of 3RD STREET Ln N85.29'10 "W 403.71'(T)(R1) 318.71' 388.71'(R1) PARCEL 3 (608 -M -8) I / 0 50 100 SCALE IN FEET: 1 "= 50' PLAT TO ACCOMPANY LEGAL DESCRIPTION BEING A PORTION OF PARCEL 2 AS SHOWN ON THE PARCEL MAP FILED DECEMBER 8, 1989, IN BOOK 608 OF MAPS AT PAGE 8, RECORDS OF SANTA CLARA, CALIFORNIA GILROY. CA t t 35' I rY rY I 15.00' .............................� 50' LINE TABLE LINE BEARING LEGEND �,NO Si/RV - - - -- BOUNDARY LINE p�. t% - — — — — - DESCRIPTION LINE N04'55'54 "E 50.00' EXISTING EASEMENT LINE y * EXISTING LOT LINE Q ...................... - TIE LINE CENTERLINE /MONUMENT LINE cc Q�fp9 Wpb Z 12�t` POB (R1) POINT OF BEGINNING TRACT 10267 (884 -M -25) y OQ` DISTANCE *S 2rl � CM) (M MONU ENTDTO MONUMENT \ \TgTE pF GP (T) TOTAL BASIS OF BEARINGS THE BEARING OF N04'55'54 "E BETWEEN FOUND MONUMENTS ALONG THE CENTERLINE OF SANTA TERESA BOULEVARD, AS SHOWN ON THE MAP ENTITLED, "TRACT 10267, HEARTLAND ESTATES ", FILED JUNE 29, 2015 IN BOOK 884 OF MAPS, AT PAGES 25 THOUGH 31, RECORDS OF SANTA CLARA COUNTY, CALIFORNIA WAS USED AS THE BASIS OF BEARINGS. PARCEL 2 I (608 -M -8) N60'58'50 "E(R) DESCRIBED LAND N 12,391 SQUARE FEET N85'29' 10 "W 100.00' POB N85'29'10 "W 151.56' of 3RD STREET Ln N85.29'10 "W 403.71'(T)(R1) 318.71' 388.71'(R1) PARCEL 3 (608 -M -8) I / 0 50 100 SCALE IN FEET: 1 "= 50' PLAT TO ACCOMPANY LEGAL DESCRIPTION BEING A PORTION OF PARCEL 2 AS SHOWN ON THE PARCEL MAP FILED DECEMBER 8, 1989, IN BOOK 608 OF MAPS AT PAGE 8, RECORDS OF SANTA CLARA, CALIFORNIA GILROY. CA t t 35' I rY rY I 15.00' .............................� 50' LINE TABLE LINE BEARING DIST L1 N04'30'50 "E 13.00' L2 N04'55'54 "E 40.53' L3 N04'55'54 "E 50.00' w a Ix Q I CURVE TABLE CURVE I LENGTH I RADIUS I DELTA Cl 1 60.61' 61.50'156-28'00" 1 RUGGERI- JENSEN -AZAR ENGINEERS • PLANNERS ■ SURVEYORS GUZ0' CA >,31 NE: (405"', 8:s�3 -C .) � FAX! i408) S48 -0302 SCALE: DATE: JOB NO.: 1" = 50 10/11/2016 994001 -31001 EXHIBIT B Section 6 and Section 7 of the Purchase Agreement 6. No Further Dedication, Restoration of Fence. As additional consideration for the purchase of the Property, Buyer hereby agrees with Sellers that Buyer shall: (a) not require any further dedication of the remaining portion of Seller's land immediately adjacent to the Property (i.e., Parcel 2 of Seller's remaining land) until such tune as Seller or its successors and assigns proceed with any action in connection with a development application, (b) not require any reimbursement of improvement costs in connection with the roundabout improvements to be made at the intersection of Third Street and Santa Teresa Boulevard. and (c) restore the portion of the Seller's fence (which, as of the Effective Date, demarcates Seller's property from the public right -of -way adjoining Seller's property) in a reasonably timely manner following the completion of the improvements described in Section 7 below, provided, however, that the location of such fence shall be adjusted so that the Property (i.e.. the 2,391 square feet of land being purchased by Buyer) will no longer be within the fenced area enclosing Seller's remaining property. 7. Right of Entry. From and after the Effective Date, and subject to Buyer's deposit of the Purchase Price into Escrow (provided however, that the Purchase Price shall only be released to Seller at the Close of Escrow in accordance with Section 2 above), Buyer and Meritage Homes and their respective employees, agents, contractors and consultants (`Buyer's Parties ") shall have the right to enter the Property to construct improvements related to the roundabout intersection at Third Street and Santa Teresa Boulevard. All improvement work performed on the Property shall be constructed in accordance with an improvement agreement or development agreement between Buyer and Meritage Homes and shall comply with all applicable laws, statutes, codes and regulations. There shall be no improvements constructed on Seller's adjacent Property. As additional consideration for Buyer's payment of the Purchase Price, Sellers hereby grant Buyer a temporary construction easement on the ten foot -wide strip of land running along the property line between the Property and Sellers' adjacent property. Buyer Parties' may use the temporary construction easement in connection with the roundabout intersection improvement work on the Property until December 1, 2016. On or before December 1, 2016, Buyer shall cause Buyer's Parties to remove all construction equipment and debris from the temporary construction easement area and leave the area in substantially the same condition as existed as of the Effective Date. 4818 - 7515 -11620 SSCORDELIS104706083 NOTARY 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 ss. COUNTY OF Zj$, - C�„a••� On / , before me, l0. G��u f Notary Public, personally appeared ft o�.— , who proved to me on the basis of satisfactory evidence to be the person(s Those nami�"is /ire- subscribed to the within instrument and acknowledged to me that1w7'§he /tbey executed the same in.hisfher /their authorized capacity(lesj, and that by Pieher /the( signature( 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. WITNESS hand and official seal. AMY LAZARUS commbaion #► 2135646 (Seal) Notary Public - California Santa Clara County (Signatur M Comm. Expires Doc 31 2019 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 ss. COUNTY OF SqA-;b�, Ckp,-c, On DC-)5�4kj' 1Z,'41 l before me, 4J-4 (A VS , Notary Public, personally appeared who proved to me on the basis of satisfactory evidence to be the person whose nam "is /,ve subscribed to the within instrument and acknowledged to me that kt /she /eeey executed the same in)Ws /her /*ir authorized capacity(je), and that by his /her /tl�rr signature,( on the instrument the person(sj, or the entity upon behalf of which the persopo) 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. C'" , tea (Seal) AIRY UWRUS (Signatu e) Conwnitaion #i 2135648 Notary Public - California Santa Clara County Comm. Wres Dec 31, 2019 4818- 7515 -11620 SSCORDELIS104706083 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 .Sa,.zs- CS-A, ` ss. On S (o/ IZ Lor' (, , before me, ':W" IA64"Js , Notary Public, personally appeared (ea. 6 J 1 , who proved to me on the basis of satisfactory evidence to be the personf4 whose names /# subscribed to the within instrument and acknowledged to me that,Ke /she /tWy executed the same j5�rts/her /t]X r authorized capacity(*�), and that by J*/her /tbeir signature,4 on the instrument the persons), or the entity upon behalf of which the persogk9) 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 JUDY LAMUS Conanitsion #► 2135848 (Seal) Nol"Pub6c - California (Signa re) Santa Clan County My Comm. Expires Dec 31 2019 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. i11rF11nxS1wyala tics] 32i ., ss. COUNTY OF On l Z before me, � (A zjzos- ' Notary Public, personally appeared , who proved to me on the basis of satisfactory evidence to be the perso whose namefs-yis/arer—subscribed to the within instrument and acknowledged to me that hefsfiie /thy executed the same in histher /tbefr authorized capacity(iesj; and that by *s/her /thy signatureo on the instrument the perso9(11)1 or the entity upon behalf of which the personko 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. C,R.t Aw .4 /'L a (Seal) JUDY LAZARUS (Signat re Comn#ssion * 2135848 = Notary Public - California Santa Clara County My Comm. Expires Dec 31. 2019 4818- 7515 -11620 SSCORDEL004706083 CALIFORNIA • • . •D C:�a. e!: CC! a.! ac!. Ce! �.! a. �.! a.. a.! a... �.!. C.- CN .�..a.!a.!sC.�.!a.�.!�.�.�.!�.• . �t!�. �..!:CC �....!:�.. �r,.- C.!:�t!s�.!sCt..�.!�., 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 Cali nia County of On 10 Date personally appeared Name(,: of Signer( who proved to me on the basis of satisfactory evidence to be th erson(? whose name) is/ scribed to the within instrument and ackno dged to me that he rtn y executed the same in i erAtmir authorized capacity(W, and that b s it signature on the instrument the person , or the entity upon behalf of which the personOOffed, executed the instrument. NSA AUMO CO MI NWN s 2103704 = I OWY Public - CWOMIS Soft can Counter Coom iJ im Aw 16 2018+ 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 U " S nature of Notary Pu li 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: Number of Pages: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: