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HomeMy WebLinkAboutStaff Report 4.A 06/19/2017DATE: June 19, 2017 TO: FROM: Agenda Item #4.A Honorable Mayor and Members of the City Council through City Manager Eric W. Danly, City Attorney SUBJECT: Consideration and Introduction (First Reading) of Ordinance Approving: 6th Modification of Declaration of Easements, Covenants, and Restrictions and Reciprocal Easements for Petaluma Marina Project; Contribution Agreement (Including Quitclaim Transferring to the Petaluma Marina Owners Association Title to Lot 6 of Parcel Map No. 247 Filed February 29, 1990 in Book 454 of Maps, Pages 9 and 10, Sonoma County Records); and Amendment Terminating Subdivided Ground Lease to Lot 6 Dated and Recorded September 11, 1990 RECOMMENDATION It is recommended that the City Council consider and introduce an Ordinance Approving: 6th Modification of Declaration of Easements, Covenants, and Restrictions and Reciprocal Easements for Petaluma Marina Project; Contribution Agreement (Including Quitclaim Transferring to the Petaluma Marina Owners Association Title to Lot 6 of Parcel Map No. 247 Filed February 29, 1990 in Book 454 of Maps, Pages 9 and 10, Sonoma County Records); and Amendment Terminating Subdivided Ground Lease to Lot 6 Dated and Recorded September 11, 1990. (Attachment 1). BACKGROUND On April 4, 2016, the City Council adopted Resolution No. 2016 -051 N.C.S and, in so doing, adopted a Mitigated Negative Declaration (MND) for the Marina Apartments project located at the Petaluma Marina (Attachment 2). As proposed, the Marina Apartment project exceeds the maximum permitted density for the parcel on which it is located. The adopted MND acknowledges this and imposes Mitigation Measure LU -1, which states: "Achieve a density of not more than 30 -units per acre pursuant to the General Plan Land Use designation of Mixed -Use through any of the following means: 1) a lot line adjustment to APN 005- 060 -072 where at least 0.51 acres are added to the subject project site, thereby increasing the total site acreage to 2.66 acres; 2) a reduction of density from 80 units to 64 units, which is the maximum density allowed on a 2.16 acre parcel; 3) a density bonus granted for the provision of including affordable dwelling units onsite; or 4) other acceptable provision." As a means of complying with this mitigation measure, the Marina Apartments applicant has requested that the City of Petaluma transfer title to Lot 6 which abuts the Marina Apartments site. Transfer of title would permit a lot line adjustment (as suggested by the mitigation measure). Transfer of the title to Lot 6 is provided for under the Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project between the City of Petaluma and the Marina Office Park Associates recorded on September 14, 1990 (Document NO. 1990 - 0091972) (Attachment 3). Section 6.6.2 of that agreement states, "Lot 6: In consideration of this declaration and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the City agrees that upon written request of the Association the City or its successors or assigns shall contribute the fee title ownership interest to Lot 6 to the Association. The Association may not request the transfer of fee title to Lot 6 to the association unless one of the following events shall occur: i. The Loan Contract between the City and California Department of Boating and Waterways ( "C.D.B.W. ") in the amount of $3,960,000 dated November 23, 1987 is paid off and retired; or ii. C.D.B.W. consents in writing to the transfer of title to Lot 6 to the Association; or iii. Twenty seven (27) years have elapsed from the date of recordation of this Declaration. The conditions set forth in this Paragraph 6.6.2 are for the benefit of both the City and the Association and may be waived only in writing by both of said parties. The Association shall hold title to Lot 6 for the benefit of the City and the members of the Association subject to the terms of this Declaration and the Bylaws. Upon any termination of this Declaration as described in the Paragraphs 1.6 and 4.5, above, the association, or its successors or assigns, shall reconvey title to the City by quitclaim deed at no cost or expense to the City. The terms and conditions of the transfer of Lot 6 to the Association shall be substantially similar to the terms set forth on the Contribution Agreement attached hereto as Exhibit "7 "." The declaration which provides for transfer of ownership of Lot 6 from the City to the Marina Office Park Association or its successors is part of the complex transactional history by which the Petaluma Marina and adjacent Sheraton Hotel and office park were developed. These projects were developed on property originally owned in fee by the City. The marina development transactions began with an Agreement Concerning Development executed July 16, 1984, and included a Ground Lease executed October 3, 1985, a parcel map approved February 8, 1990 that subdivided the marina commercial property, Subdivided Ground Leases that removed the subdivided commercial property from the 1985 Ground Lease, the declaration executed shortly after the subdivided ground leases, quitclaims transferring ownership of the subdivided commercial property from the City to the PCDC, (but reserving the right to receive proceeds of sale to the City), a purchase and sale agreement transferring ownership of Lots 1 -4 ;from the PCDC to the Marina Office Park Associates, and quitclaims conveying Lots 1 -4. The sale transactions were structured such that the purchase price of $525,000 was based on the appraised value of all subdivided commercial parcels 1 -6, but the purchase was only allocated to and secured by lots 1 -3. The PCDC sold lots 1 -4. Lots 5 and 6 have not been transferred and are 2 owned in fee by the City as Successor Agency to the former PCDC. The City received the sale proceeds in two installments paid in 1991. According to the logic of the sale transaction, the City has already received value for transferring ownership of Lot 6 from receipt of the sale proceeds allocated to lots 1 -3, which sale price was based on the total appraised value of all parcels 1 -6. The declaration agreement provides for transfer of both lots 5 and 6 to the Marina Office Park Associates or its successor. Transfer of lot 5 is not contemplated at this time. Lots 1 -3 have been developed with office space. Lot 4 was developed as the Sheraton Hotel. Lots 5 and 6 have been developed with parking that is shared among the marina, hotel, and commercial uses. The declaration agreement has been amended 5 previous times to address such issues as lot line adjustments among the subdivided commercial parcels, and allocation of parking spaces among the marina and commercial parcels, as well as respective maintenance responsibilities among the property owners. DISCUSSION To implement transfer of Lot 6 to Petaluma Marina Owners Association (successor to Marina Office Park Associates) as envisioned in and in accordance with the terms of the declaration agreement, as amended, a Sixth Amendment to the declaration agreement has been prepared (Attachment 4), along with a contribution agreement for effecting the property transfer, including a quitclaim deed (Attachment 5). Also, since Lot 6'is currently subject to a subdivided ground lease, and the City's fee ownership is being transferred, an amendment terminating the subdivided lease to Lot 6 has been prepared (Attachment 6). Given the transfer of real property interest from City ownership, and given the commercial value of the property transferred (even though the sale proceeds were conveyed some time ago to the city), the ordinance included as Attachment I has been prepared for approval of all of these related transactions in accordance with Section 46 of the City Charter. FINANCIAL IMPACT The financial impact associated with this action is primarily that of staff time involved in reviewing the transactional history related to the Marina, review of legal descriptions and preparation of the current transactional documents. The processing of the Marina Apartments application is subject to a cost recovery agreement with the applicant. The deposit accounts for the project had balances as follows as of May 31, 2017: SPAR $589.15; Public Improvements $2298.95; Lot Line Adjustment $3568.86. ATTACHMENTS Attachment 1: Draft Ordinance Approving Declaration Amendment, Contribution Agreement and Subdivided Ground Lease Amendment Attachment 2: City Council Resolution No. 2016 -051 N.C.S. Attachment 3: Declaration Agreement Attachment 4: Sixth Amendment to Declaration Agreement Attachment 5: Contribution Agreement Attachment 6: Amendment Terminating Subdivided Ground Lease Attachment 1 EFFECTIVE DATE ORDINANCE NO. N.C.S. OF ORDINANCE 1 Introduced by Seconded by 2 3 4 ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PETALUMA APPROVING: 5 6TH MODIFICATION OF DECLARATION OF EASEMENTS, COVENANTS, AND 6 RESTRICTIONS AND RECIPROCAL EASEMENTS FOR PETALUMA MARINA 7 PROJECT; CONTRIBUTION AGREEMENT (INCLUDING QUITCLAIM 8 TRANSFERRING TO THE PETALUMA MARINA OWNERS ASSOCIATION TITLE 9 TO LOT 6 OF PARCEL MAP NO. 247 FILED FEBRUARY 29,1990 IN BOOK 454 OF 10 MAPS, PAGES 9 AND 10, SONOMA COUNTY RECORDS); AND AMENDMENT 11 TERMINATING SUBDIVIDED GROUND LEASE TO LOT 6 DATED AND 12 RECORDED SEPTEMBER 11, 1990 13 14 15 WHEREAS, the City is fee title owner of that certain real property containing 16 approximately 2.39 acres located in the City of Petaluma, County of Sonoma, State of California, 17 designated Lot 6, as shown on Parcel Map No. 247 filed February 27, 1990 in Book 454 of 18 Maps, Pages 9 and 10, Sonoma County Records, (the "Subject Property "); and 19 WHEREAS, on or about July 16, 1984, the City and the Petaluma Marina Owners 20 Association's predecessor -in- interest, Marina Office Park Association, a California limited 21 partnership ( "MOPA "), entered into that certain Agreement Concerning Development for the 22 development of a marina on certain real property adjacent to the Subject Property by the City and 23 the development by MOPA of a commercial project on the Subject Property.and Lots 1, 2, 3, 4 24 and 5 as shown on Parcel Map No. 247 filed February 27, 1990 in Book 454 of Maps, Pages 9 25 and 10, Sonoma County Records (the "Commercial Project "), together with a parcel referred to 26 as the "Apartment Parcel." The Commercial Project and the Apartment Parcel are referred to 27 collectively herein as the "Remaining Project;" and 28 WHEREAS, pursuant to terms of the Agreement Concerning Development, the City and 29 MOPA entered into that certain Ground Lease dated October 3, 1985 concerning the Subject 30 Property and the Remaining Project and recorded on that date in the Official Records of Sonoma 31 County as Document No. 85065899; and 32 WHEREAS, pursuant to the Ground Lease, the City and MOPA have entered into that 33 certain Subdivided Ground Lease — Lot 6 (the "Lease ") covering the Subject Property dated 34 September 11, 1990 and recorded on September 12, 1990 in the Official Records of Sonoma 35 County as Document No. 1990- 0090885, and that certain Declaration of Easements, Covenants 36 and Restrictions and Reciprocal Easements for the Petaluma Marina Project, covering the 37 Subject Property and the Remaining Project dated as of dated September 14, 1990 and recorded Ordinance No. N.C.S 4 1 September 14, 1990 in the Official Records of Sonoma County as Document No. 1990 - 0091972, 2 as amended by that certain Agreement Reforming Property Descriptions of Recorded 3 Documents, dated January 16, 1991 and recorded January 29, 1991 in the Official Records as 4 Document No. 1991- 0007524, that certain Modification of Declaration of Easements, Covenants 5 and Restrictions and Reciprocal Easements for Petaluma Marina Project, dated November 11, 6 1992 and recorded on April 9, 1993 in the Official Records as Document No. 1993 - 0044988, that 7 certain Second Modification of Declaration of Easements, Covenants and Restrictions and 8 Reciprocal Easements for Petaluma Marina Project dated May 1, 2000 and recorded on July 21, 9 2000 in the Official Records as Document No. 2000072696, that certain Third Modification of 10 Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma 11 Marina Project dated December 29, 2004, that certain erroneously titled Third Modification of 12 Declaration of Easements, Covenants Restrictions and Reciprocal Easements for Petaluma 13 Marina Project dated December 14, 2007 and recorded on December 19, 2007 in the Official 14 Records as Document No. 2007133051, and that certain erroneously titled Fourth Modification 15 of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma 16 Marina Project dated March 31, 2011 and recorded on July 15, 2011 in the Official Records as 17 Document No. 2011059815 (as so amended, "CC &Rs "); and 18 WHEREAS, the Petaluma Marina Owners Association ( "Association ") has succeeded to 19 MOPA's interest in the Lease; and 20 WHEREAS, the parties to the CC &Rs acknowledge and agree that the fair market value 21 of the Subject Property as burdened by the CC &R's and the permitted uses under presently 22 existing land use restrictions and the terms of the agreements governing use of the Subject 23 Property is minimal; and 24 WHEREAS, City is a member of the Association, and the City, through the CC &R's and 25 the bylaws of the Association, has maintained significant control over the operation of the 26 Association and, after the Association's acquisition of the Subject Property, shall retain 27 significant control over the management and use of the Subject Property; and 28 WHEREAS, in order to facilitate the development of the Subject Property in the manner 29 originally contemplated by the Agreement Concerning Development, Ground Lease and the 30 Lease, and to facilitate the development of the Apartment Parcel in accordance with previously 31 issued City approvals, the Association wishes to acquire the Subject Property from the City and 32 the City wishes to contribute the Subject Property to the Association on the terms and conditions 33 set forth in a proposed Sixth Modification of Declaration of Easements, Covenants and 34 Restrictions and Reciprocal Easements for Petaluma Marina Project (the "Sixth Amendment "), 35 which Sixth Amendment is attached to and made a part of this ordinance as EXHIBIT A; and 36 37 WHEREAS, to accomplish transfer of ownership of the Subject Parcel in accordance 38 with the Sixth Amendment, in addition to the Sixth Amendment, the following documents have 39 been prepared: a contribution agreement ( "Contribution Agreement "), which is attached to and 40 made a part of this ordinance as EXHIBIT B, and an amendment terminating the Lease 41 ( "Amendment "), which is attached to and made a part of this ordinance as EXHIBIT C; and 42 43 WHEREAS, Section 46 of the Charter of the City of Petaluma requires that specified 44 actions for the acquisition, sale, or lease of real property be taken by Ordinance; and, Ordinance No. N.C. S 5 1 2 WHEREAS, the City Council finds this action qualifies for exemption under the 3 California Environmental Quality Act (CEQA) pursuant to Title 14, Chapter 3 of the California 4 Code of Regulations (CEQA Guidelines), sections 15061, 15301 involving purchase, sale, and /or 5 lease of existing facilities; 6 7 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF 8 PETALUMA AS FOLLOWS: 9 10 Section 1: The City Council approves: 11 12 a. The Sixth Modification of Declaration of Easements, Covenants and Restrictions and 13 Reciprocal Easements for Petaluma Marina Project (EXHIBIT A); 14 b. The Contribution Agreement, including quitclaim transferring to the Petaluma Marina 15 Owners Association Title to Lot 6 of Parcel Map No. 247 Filed February 29, 2990 in 16 Book 454 of Maps, Pages 9 and 10, Sonoma County Records (EXHIBIT B); and 17 c. The Amendment terminating the Subdivided Ground Lease to Lot 6 (EXHIBIT Q. 18 19 Section 2: On behalf of the City, the City Manager is authorized and directed to 20 execute documents substantially in accordance with Exhibits A, B and C, as determined by the 21 City Attorney, and all other documents reasonably necessary to complete the transfer of the 22 Subject Property. 23 24 Section 3: If any section, subsection, .sentence, clause, phrase or work of this 25 Ordinance is for any reason held to be unconstitutional, unlawful or otherwise invalid by a court 26 of competent jurisdiction or preempted by State legislation, such decision or legislation shall not 27 affect the validity of the remaining portions of this Ordinance. The City Council of the City of 28 Petaluma hereby declares that it would have passed and adopted this Ordinance and each and all 29 provisions thereof irrespective of the fact that any one or more of said provisions be declared 30 unconstitutional, unlawful other otherwise invalid. 31 32 Section 4: This Ordinance shall become effective thirty (30) days after the date of its 33 adoption by the Petaluma City Council. 34 35 Section 5: The City Clerk is hereby directed to publish or post this Ordinance or a 36 synopsis for the period and in the manner provided by the City Charter and any other applicable 37 law. 38 39 INTRODUCED and ordered posted this 19th day of June, 2017. 40 41 ADOPTED this _ day of , 2017 by the following vote: 42 43 Ayes: 44 Noes: 45 Abstain: 46 Absent: 47 Ordinance No. N.C.S 6 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 ATTEST: Claire Cooper, CMC, City Clerk Ordinance No. David Glass, Mayor APPROVED AS TO FORM: Eric W. Danly, City Attorney N.C.S 7 Attachment 2 Resolution No. 2016 -051 N.C.S. of the City of Petaluma, California ADOPTING A MITIGATED NEGATIVE DECLARATION FOR THE MARINA APARTMENTS PROJECT LOCATED AT THE PETALUMA MARINA APN: 005- 060 -053, -054, -059, -065, -070, -072, -079, -082, -084, -085, and -089 FILE NO: PLZT -15 -0001, PLSR -15 -0011 WHEREAS, Steven Lafranchi of Steven J. Lafranchi & Associates submitted an application to modify the General Development Plan for the Petaluma Marina Planned Commercial District ( "Marina PCD ") located at APN 005- 060 -053, -054, -059, -065, -070, -072, -079, -082, -084, -085, and -089, on behalf of property owner Petaluma Marina Office Investors, LLC, to list multiple- family dwelling as a permitted use and increase the maximum building height to five (5) stories, all to enable construction of a proposed ninety (90) unit apartment building and other associated site improvements located at the northwest corner of Petaluma Marina at APN 050- 060 -089 and 005- 060 -072 ( "Project "); and WHEREAS, the submitted application includes a Site Plan and Architectural Review request and, pursuant to the modified Marina PCD General Development Plan, would also include a Conditional Use Permit request - all of which would be acted upon by the Planning Commission at a separate, subsequent public hearing; and WHEREAS, the Project is subject to the Petaluma General Plan 2025, adopted by the City on May 19, 2008; and, WHEREAS, in evaluating certain potential environmental effects of the Project in the Initial Study, including but not limited to effects of climate change, water supply, and traffic, the City relied on the Program EIR for the City of Petaluma General Plan 20205, certified on April 7, 2008 (General Plan EIR) with the adoption of Resolution No. 2008 -058 N.C.S., which is incorporated herein by reference; and, WHEREAS, the General Plan EIR identified potentially significant environmental impacts and related mitigation measures and the City also adopted a Statement of Overriding Considerations for significant impacts that could not be avoided; and, WHEREAS, the City prepared an Initial Study for the proposed Project consistent with CEQA Guidelines § §15162 and 15163 and determined that a Mitigated Negative Declaration (MND) was required in order to analyze the potential for new or additional significant environmental impacts of the Project beyond those identified in the General Plan EIR; and, WHEREAS, on or before November 19, 2015, the City's Notice of Intent to Adopt a Mitigated Negative Declaration based on the Initial Study, providingJor a 30 -day public continent period commencing November 19, 2015 and ending December 19, 2015 and a Notice of Public Hearing to be held on December 22, 2015 before the City of Petaluma Planning Commission, was published and mailed to all residents and property owners within 1,500 feet of the Project as well as all persons having requested special notice of said proceedings; and, Resolution No, 2016 -051 N.C.S. Page 1 008 WHEREAS, the Planning Commission considered the Project, the MND, the supporting Initial Study, the staff report dated December 22, 2015 analyzing the MND and the Project, and received and considered all written and oral public comments on environmental effects of the Project which were submitted up to and at the time of the public hearings; and WHEREAS, on December 22, 2015, the Planning Commission adopted Resolution No, 2015 -25 and, in doing so, forwarded a recommendation that the City Catinreil adopt the Mitigated Negative Declaration and associated Mitigation Monitoring and `Reporting Program for the Marina Apartments Project; and WHEREAS, the Initial Study applies the Bay Area Air Quality Management District's (BAAQMD) California Environmental Quality Act - Air Quality Guidelines, May 2012, including the BAAQMD thresholds of significance adopted in June 2010, As lead agency under CEQA, the City of Petaluma has the discretion to rely upon the BAAQMD CEQA Guidelines and thresholds of significance since they include the best available scientific data and most conservative thresholds available for comparison of the Project's emissions, Comparison of the Project's emissions against these thresholds provides a conservative assessment as the basis for a determination of significance; and, WHEREAS, pursuant to further analysis in the Initial Study, including evaluation using the BAAQMD CEQA Guidelines and thresholds of significance, the Project does not make a considerable contribution to a significant cumulative air quality or greenhouse gas emissions impact found to be significant and unavoidable in the General Plan 2025 EIR, because the Project's emissions are below significance thresholds identified; and, WHEREAS, the MND reflects the City's independent judgment and analysis of the potential for environmental impacts from the Project; and, v WHEREAS, the MND, Initial Study and related project and environmental documents, including the General Plan 2025 EIR and all documents incorporated herein by reference, are available for review in the Community Development Department at Petaluma City Hall, during normal business hours, The custodian of the documents and other materials which constitute the record of proceedings for the proposed project is the City of Petaluma Community Development Department, 11 English St. Petaluma, CA 94952; and WHEREAS, while the Initial Study for the Project identified potentially significant impacts, all significant impacts are mitigated to a less than significant level and therefore the Project would not result in any significant impacts to the environment, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PETALUMA AS FOLLOWS; A, The foregoing recitals are true and correct and incorporated herein by reference, B. Based on its review of the entire record herein, the City Council makes the following findings; 1, The Project is consistent with the Mixed Use General Plan -land use designation because the project includes multiple .family dwellings, is below the maximum floor area ratio of 2,5, and, with implementation of Mitigation Measure LU -1, is below the Resolution No, 2016 -051 N,C,S, Page 009 maximum residential density of 30.0 housing units per acre, 2, The Project is, for the reasons discussed in the December 22, 2015 Planning Commission staff report and April 4, 2016 City Council staff report, consistent with the following General Plan policies: Policy 1 -P -1 (Development Within UGB); Policy 1 -P -2 (Efficient Land Use in UGB); Policy 1 -P -11 (Land Use Intensification); Policy 1 -P -27 (Parking Solutions); Policy 2 -P -5 (Arterial Corridors); Policy 2 -P -11 (River Oriented Development); Goal 2 -G -5 (Lakeville Highway Connectivity); Policy 2 -P- 27 (Petaluma Marina - Land Uses); Policy 2 -P -30 (Petaluma Marina — Compatibility), 3, Pursuant to the analysis in the Initial Study, the Project does not make a cumulatively considerable contribution to the significant and unavoidable cumulative traffic and /or noise impacts identified in the General Plan 2025 EIR because although the Project would contribute vehicle trips to intersections identified in- tie General Plan EIR as operating at an unacceptable LOS at build -out, the affected intersections have either already been determined to acceptably operate at an LOS E or LOS F due to overriding considerations and conflicts with other General Plan policies or the Project's contribution to those intersections are below the threshold established by the General Plan EIR (i.e., cause the LOS to deteriorate to the next lowest level), 4. With regard to noise, the Project is considered to result in an effect that is less than cumulatively considerable because the project excludes new stationary noise sources and its incremental contribution through vehicular trips is insufficient to result in a perceptible change in noise level, C, Based on its review of the entire record herein, including the MND, the Initial Study, all supporting, referenced and incorporated documents and all comments received, the City Council finds that there is no substantial evidence that the Project as mitigated will have a significant effect on the environment, that the MND reflects the City's independent judgment and analysis, and that the MND, Initial Study and supporting documents provide an adequate description of the impacts of the Project and comply with CEQA, the State CEQA Guidelines and the City of Petaluma Environmental Guidelines. D, The Mitigation Monitoring and Reporting Program, included as Exhibit A, is hereby adopted, Implementation of the mitigation measures included therein mitigates or avoids significant environmental effects, Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the n pproved a td Council of the City of Petaluma at a Regular meeting on the 0 day of April, 2016, form: by the following vote: City Attorne AYES: Albertson, Healy, Kearney, Miller NOES: Barrett, Mayor Glass, Vice Mayor King ABSENT: None ABSTAIN: None ATTEST: City Clerk _ -- �- ! - Mayor Resolution No. 2016 -051 N,C,S, Page 3 010 p, L rj Exbibit A to Resolution 2016 -051 N.C.S. City of Petaluma, California Community Development Department Planning Division 11 English Street, Petaluma, CA 94952 Project Name: MARINA DRIVE APARTMENTS File Number: File No. PUT -15 -0001, PLSR -15 -0011 Address /Location: 0 Marina Avenue, Petaluma, CA (APN: 005 -060 -089; 005 -060 -052, -054, -059, -070, 072, -082, -084, and -085) MITIGATION MONITORING AND REPORTING PROGRAM This Mitigation Monitoring and Reporting Program (MMRP) has been prepared in conformance with.Section 21081.6 of the California Environmental Quality Act (CEQA) and Section 15097 of the CEQA Guidelines. This document has been developed to ensure implementation of mitigation measures and proper and adequate monitoring /reporting of such implementation. CEQA requires that this MMRP be adopted in conjunction with project approval, which relies upon a Mitigated Negative Declaration. The purpose of this MMRP is to: (1) document implementation of required mitigation; (2) identify monitoring /reporting responsibility, be it the lead agency (City of Petaluma), other agency (responsible or trustee agency), or a private entity (applicant, contractor, or project manager); (3) establish the frequency and duration of monitoring /reporting; (4) provide a record of the monitoring /reporting; and (5) ensure compliance. The following table lists each of the mitigation measures adopted by the City in conjunction with project approval, the implementation action, timeframe to which the measure applies, the monitoring /reporting responsibility, reporting requirements, and the status of compliance with the mitigation measure. Implementation The responsibilities of implementation include review and approval by City - staff including the engineering, planning, and building divisions. Responsibilities Include the following: 1. The applicant shall obtain all required surveys and studies and provide a copy to the City prior to issuance of grading permits or approvals of improvements plans. 2. The applicant shall incorporate all applicable code provisions and required mitigation measures and conditions into the design and improvements plans and specifications for the project. 3. The applicant shall notify all employees, contractors, subcontractor, and agents involved in the project implementation of mitigation measures and conditions applicable to the project and shall ensure compliance with such measures and conditions. 4. The applicant shall provide for the cost of monitoring of any condition or mitigation measure that involves on -going operations on the site or long -range improvements. 0 Resoludon No. 2016 -051 N.C.S. Page 4 5. The applicant shall designate a project manager with authority to implement all mitigation measures and conditions of approval and provide name, address, and phone numbers to the City prior to issuance of any grading permits and signed by the contractor responsibie'for construction. 6. Mitigation measures required during construction shall be listed as conditions on the building or grading permits and signed by the contractor responsible for construction, 7. All mitigation measures shall be incorporated as conditions of project approval. 8. The applicant shall arrange a pre - construction conference with the construction contractor, City staff and responsible agencies to review the mitigation measures and conditions of approval prior to the issuance of grading and building permits. Monitoring and Reporting The responsibilities of monitoring and reporting include the engineering, planning, and building divisions, as well as the fire department, Responsibilities include the following: 1, The Building, Planning, and Engineering Divisions and Fire Department shall review the improvement and construction plans for conformance with the approved project description and all applicable codes, conditions, mitigation measures, and permit requirements prior to approval, of a site design review, improvement plans, grading plans, or building permits. 2. The Planning Division shall ensure that the applicant has obtained applicable required permits from all responsible agencies and that the plans and specifications conform to the permit requirements prior to the issuance of grading or building permits, 3, Prior to acceptance of improvements or issuance of a Certificate of Occupancy, all improvements shall be subject to inspection by City staff for compliance with the project description, permit conditions, and approved development or improvement plans, 4. City inspectors shall ensure that construction activities occur In a manner that is consistent with the approved plans and conditions of approval, MMRP Checklist The following table lists each of the mitigation measures adopted by the City in connection with project approval, the timeframe to which the measure applies, the person /agency /permit responsible for Implementing the measure, and the status of compliance with the mitigation measure, Resolution No, 2016 -051 N,C,S, Page E ro bA O a` an c 0 CL Of .O C (CS OA C O C O Q Cu E 41 v CL O U c E t m CL a Q ro c lip Resolution No. 2016 -051 N.C.S. Page 6 _M O C) w --a - LL Z O O m '5; 0 �z w _1 Gcl. G QJ u - Q a azs O O C CL J m .2 � >_ • � ro Z in 1 0 4 o fu CL m fY ° a o a C c a •- 0 L L) w Q tg �5 a Q a Q o=. 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Q. t' m v U v = (U a o 8. o d a Q a a c w z > �v a z o (7 O o u '+- C t� Z E O O Q 'v 0 z CL °- u > ++ CL O O W 3 Z w a _O ti ro u ro n '`- E G c n ro v Z U N .0 CL 0 a 0> � F- o� °0 E N +1 z w V) C O w T O a a) C O CL LU � C @ !a LU O >_ m C CC G Q Z c o m a O c t .� a) � c G m +� E v o a v N Li LL. Resolution No, 2016 -051 N.C.S. Page 10 ti 0 z Attachment 3 V RECORDING REQUESTED DY: 1990 0091972 CITY OF KTALUMA WHEN RECORDED RETURN TO: ° 0 CRPICtAL RECORDS OR SBERNICE X P6MFAO�N Marina Office Park Associates 799 Baywood AT R5QU6AWan Petaluma, California 94952 09/14/1990 14:58:07 Attention: Borue H. O'Brien FEE: $ .00 PGS: 50 TT : 8 .00 DECLARATION OF EASEMENTS, COVENANTS AND RESTRICTIONS AND RECIPROCAL EASEME 8 FOR PETALUMA MARINA PROJECT THIS DECLARATION (the "Declaration ") is executed this day of 1990, by the CITY OF FETAZUMA, a publ c body corporate and politic (hereinafter referred to as °the Cityy"), MARINA OFFICE PARR ASSOCIATES, a California Limited Partnership (hereinafter referred to as "MOPA "), and BAYWOOD PARTNERS, INC., a California corporation (hereinafter referred to as "Baywood "). ' This Declaration is made and entered into with reference to the following facts: A. The City holds the lessee's interest in that certain Lease No. PRC 7235.1 effective as of July 1, 1988 between the City as lessee and the State of California as lessor (the "State Lease "). The State Lease covers real property located in the City of Petaluma, County of Sonoma, State of California more particularly described on Exhibit "III etttached hereto and incorporated herein. The City's interest in said real property Is hereinafter referred to as the "Marina". S. The City owns the too title interest in that certain real property located on those certain parcels of real property located in the City of Petaluma, County of Sonoma, State of California more artloularly described in , r?xhibit 11241 attached hereto and incorporated herein. The City's fee title interest in said parcels of real property and MOPA's tenantls interest in said parcels of real property are herein collectively referred to as the "Commercial Project ". C. MOPA has leased the Commercial Project from the City on a long term basis. MOPA intends to construct commercial improvements on the Commercial Project and shall own title to all improvements located thereon. The Lansing of the Commercial Project and the ownership of the improvements is more particularly described in those certain component subdivided Ground Leases recorded in the Official Records of Sonoma County contemporaneously with this Declaration (individually each referred to herein as a "Ground Lease" and collectively as the "Ground Leasesn). All references herein to "Ground Lease" and "Ground Leases" shall be deemed to refer also to the real property covered by that Ground Lease or those Ground Leases. MOPA and any and all parties to whom MOPA may assign a Ground Lease and their assignees shall sometimes herein be individually referred to as O'Ground Lease Tenant" and collectively referred to as "Ground Lease Tenants ". Upon termination of a Ground Lease, either by acquisition of fee title to the real property covered by a Ground Lease or otherwise, the fee title owner of the Ground lease shall be hereinafter referred to as the "Owner ". D. MoPA has obtained approval of Parcel Map No. 247, filed in the Office of the County Recorder on February 27, 1990, in Book 454 of Maps, Pages 9 and 10, Sonoma county Records (the "Map "). The Map covers the entire Commercial Project and divides -1- COOR26027 7COOr24.exh 018 the Commercial Project into "Lot 111f '•Lot 211, „Lot 3190 "Lot 411, "Lot 511, and "Lot 611 (all specifically herein no called and generally referred to as "Lot" or "Lots ") as shown on the Map. Each Lot shown on the Map is subject to a separate Ground Lease. Lot 1, Lot 2, Lot 3 and Lot 4 are reserved for commercial improvement. Lot 5 and Lot 6 are currently reserved for parking and access. Additional Parking.is also currently planned to be situated on Lot 2, Lot 3 and Lot 4. No parking areas are situated in the Marina. The Map also discloses a public roadway herein called "Marina Circle ". E. The Commercial Project is an integrated development subject to the Ground Leases. MOPA anticipates that it may assign its interest in one or more of the Ground Leases so that the various portions of the Commercial Project may be operated by different Ground Lease Tenants. F. Baywood owns the fee title interest in certain real property located in the City of Petaluma, County of Sonoma, State of California, a portion of which real property is more particularly described in )Exhibit ► 93 41 attached hereto and incorporated herein and shall hereinafter be referred to as the "Baywood Parcel'•. The Baywood Parcel is currently part of a larger parcel owned by Baywood and excludes that portion of the legal parcel that is not contiguous to Lot 5. Baywood intends to improve the Baywood Parcel with commercial buildings compatible with the commercial buildings constructed on the Commercial Project, Baywood wishes to use the parking, driveway, roadway and access areas situated on the Commercial Project in connection with the development of the Daywood Parcel. G. MOPA and /or the Ground Tease Tenants have constructed or shall construct parking facilities and roadways on Lot 5, Lot 6 and those portions of 'Lot 2, Lot 3 and Lot 4, more particularly described in Xxhibit 914n attached hereto (the "Parking Area"). The parties hereto agree that it in essential for the operation of the Marina, the Baywood Parcel and the Commercial Project that the pparking, driveways and roadways located on the Parking Area be used in commo_: by the users of the Marina, the Baywood parcel and the Commercial Project. H. The parties hereto desire to provide for the common use of the parking facilities and roadways located on the Parking Area and each portion thereof in accordance with the terms hereof. THEREFORE, the City, MOPA and Baywood hereby declare that the Marina, the Haywood Parcel and the Commercial Project, and each and ®very portion thereof covered by each and all of the Ground Leases, shall be held, transferred, encumbered, used, conveyed, leased and occupied sub ect'to the covenants, conditions, restrictions, easements, and rights herein set forth for the use and benefit of the Marina, the Haywood Parcel and the Commercial Project and each part thereof as described in the Ground Leases. All of the limitations, easements, uses, obligations, covenants restrictions and conditioner stated herein shall run with the Marna, the Baywood Parcel, and the Commercial Project, shall be binding on the City, saywood and MOPA and on all parties having or acquiring any right, title or interest in the Marina, the Baywood Parcel and the commercial Project and /or the Ground Leases or any part thereof or interest therein, and shall be for the benefit of each Ground Lease Tenant, Owner, subtenant, operator or occupant of any portion of the Marina, the Baywood Parcel, and the Commercial Project, or any other interest therein, and shall inure to the benefit of and be binding upon each successor In interest of the Ground Lease Tenants, ownerst t t subtenan s, operators and occupants thereof. Each and all of he said limitations, easements, uses, obligations, covenants, conditions and restrictions shall be deemed to be, and shall be -2- COOR26027 7coor24.exh 019 construed as equitable servitudes, enforceable by any of the Ground Lease Tenants, Owners, subtenants, occupants or operators of the Marina, the Saywood Parcel, and the Commercial Project or any part thereof on the Ground Lease Tenants, Owners, subtenants, occupants or operators of the Marina, the Baywood Parcel, and the Commercial Project, against any other Ground Lease Tenants, owners, subtenant, operator or occupant of the Marina, the Saywood Parcel, and the Commercial Project or any part thereof. 1. creation of Common nriveway 'Intl Farxa.no zasemenzsr There are created for the mutual benefit of the Marina, the Saywood Parcel and each subdivided portion of the Commercial Project the following mutual and reciprocal easements: 1,1 Fasem�++*s gor Common Driveways: The Marina, the Saywood Parcel, the Comm @rcial Project and each Ground Lease as the dominant tenement shall have, and the City, MOPA or Baywood hereby grants a. mutual, reciprocal and non - exclusive easement appurtenant to the Marina, the Saywood Parcel, the Commercial Project and each Ground Lease for vehicular and pedestrian ingress to and egress from and over the remainder of the Marina, the Saywood Parcel and the Commercial Project as servient tenement over and upon Marina Circle and each roadway, driveway and access route reserved for vehicular and pedestrian traffic wherever situated on the Marina, the Saywood Parcel or Commercial Project whether in existence on the date of recordation hereof or constructed at any time or times hereafter. The Marina, the Saywood Parcel and the Commercial Project, as the servient tenement, shall be subject to the easements for ingress and egress enjoyed by the Marina, the Saywood Parcel, the Commercial Project and each of the Ground Leases pursuant to the preceding sentence. 1.2 garkina Easements: The Marina, the Saywood Parcel, the Commercial Project and each Ground Lease as the dominant tenement shall have, and the City, MOPA and Saywood hereby grant a mutual reciprocal and non - exclusive easement appurtenant ;_o the Marina, they Saywood Parcel, the Commercial Project and each Ground Lease for parking purposes for users, tenants, subtenants and invitdas of each tenant, subtenant, user, operator or occupant of the Marina or the Commercial Project or any Ground Lease upon the parking facilities located on the Parking Area on and on any other parking areas which may be located at any time or times hereafter on the Marina, the Saywood Parcel and the Commercial Project as servient tenement. The Marina, the Baywood Parcel and the Commercial Project, as servient tenement, shall be subject to the easement for parking enjoyed by the Marina, the Saywood Parcel, the Commercial Project and each of the Ground Leases pursuant the preceding sentence. Except as provided in Paragraph 1.4, below, and subject to the terms and conditions of this Declaration, the parking facilities shall include any and all parking lots and areas whether covered or uncovered located on the Marina, the Saywood Parcel or the Commercial Project and each portion thereof. Except as provided in Paragraph 1.4, below, the easements granted by this Paragraph 1.2 expressly includes all parking areas situated on Lot 2, Lot 3 and Lot 4, as more particularly described in Sxhibit 114" hereto. 1.3 Secondary Easements: As a part of the easements described in Paragraphs 1.1 and 1.2, above, there shall be secondary easements for access, construction, upkeep, maintenance, repair and replacement of the roadway, driveway and parking surfaces and for access, ingress and egress in connection therewith by all equipment and personnel required for the proper enjoyment of said secondary easements. All work of repair and maintenance shall be performed by the parties hereto and their successors and assigns in the manner described in Paragraph 6, below. -3- COOR26027 7coor24.exh 020 1.4 Fxglusion For in Building Parki++•",►: The terms of Paragraphs 1.1 and 1.2 'shall not apply to any parking facilities that may be.located within any commercial building constructed on Lot 1., Lot 2, Lot 3 and /or Lot 4. 1.5 Fee Tittle Encumbered; The City hereby agrees that its fee title ownership interest in the commercial Project is encumbered by the easements granted in this section 1 for the benefit of MOPA, Saywood and their successors and assigns. 1.6 Term of Lasements: The easements granted by this Paragraph 1 shall exist for the term of each of the Ground Leases and any and all extensions or renewals of any one or more of them. In the event, however, MOPA or the Ground Lease Tenant or Ground Lease Tenants of any one or more of the Ground Leases should acquire Pee title to the real property covered by one or more of the Ground Leases, then (1) the transferee or transferees shall accept fee title to the portion of the Commercial Project so conveyed subject to the terms of this Declaration and the easements granted, reserved and created herein without the necessity of future notice or documentation and (ii) the easements described in this Paragraph 1 shall, ipso facto, be deemed to encumber that portion of the Commercial Project acquired by NOVA or any Ground Lease Tenant in perpetuity without the necessity of future notice or documentation. If any one or more of the Ground Leases may terminate prior to the expiration of the term thereof either by surrender or upon termination or default, or if MOPA or one or more but not all of the Ground Lease Tenants under the Ground Leases should decline from exercising its or their option to renew the terms of any one or more of the Ground Leases, thin Declaration and the easements granted by this Paragraph 1 shall remain in full force and effect a ainst the entire commercial Project including, without limitation, any part of the Commercial Project which may be held by the City, or its successors, free and clear of a Ground Lease upon termination thereof, until the termination of the last remaining Ground Lease. In the event the State Lease shall terminate and the City does not acquire title or other right to own and operate the Marina, the easements granted herein which encumber the commercial Project for the benefit of the Marina shall terminate but this Declaration shall remain in full force and effect with respect to the Commercial Project and the Saywood Parcel only. Moreover, the City may at any time voluntarily and unilaterally relinquish the benefit of the easements granted herein which encumber the commercial Project for the benefit of the Marina in which event the users of the Marina shall have no right to park on the commercial Project; provided, however, that this Declaration shalt remain in full force and effect with respect to the commercial Project and the Baywood Parcel only. 2. Permitted Use of Easemanka: The easements for ingress and egress and parfcing described, in Paragraph 1, above, shall be used by the operator and tenants of the Marina, the Saywood Parcel and by NOVA, the Ground Lease Tenant(s), Owners, subtenants, operators and occupants of and under the Ground Leases and each of their employeeo, agents, contractors, subcontractors, guests, invitees, lessees, sublessees, and assigns. The easements shall be used for roadways, walkways, ingress and egress, parking of motor vehicles, loading and unloading of commercial and other vehicles, for driveway purposes, and for the comfort and convenience of customers, invitees, contractors, employees, service providers and suppliers of all businesses and occupants of the buildings constructed on the Marina Commercial Project and the Baywood Parcel subject to the following restrictions: 2.1 Denianat on: As used herein, the term "designated„ parking shall mean a portion of the Parking Area which at any time may be reserved for the exclusive use of the -4- COOR26027 7coor24.exh 021 Marina, Lot 1, Lot 2, Lot 3, Lot 4, the Baywood Parcel or any one or more of them and the term "common„ parking area shall mean the entire parking area situated on the Commercial Project except for the designated spaces. The parties hereto wish to allocate initially the parking spaces on the Parking Area among the parties hereto in the following manner. 1. Marina* 2. Lots 1, 2, 3 and any - wood Parcel 3. Lot 4 weekday Designated /Common 56/0 113/622 62/38 Weekend /Nights f Hol idays Designated /Common 80/155 113/289 62/92 On weekdays, 38 of the designated parking spaces for the Marina are utilized as 19 pull - through spaces for vehicles and trailers and on weekends, nights and holidays 62 of the designated spaces are to be utilized as 31 pull- through spaces. The parties hereto agree that MOPA, so long as MOPA owns an ownership or possesses any interest in Lot 1, Lot 2, Lot 3 and /or Lot 4, shall, in the exercise of its business judgment, re- allocate and adjust the number of common or, at MOPA's option, designated parking spaces located on the Parking Area among MOPA, saywood and any and all Ground Lease Tenants and Owners in a manner consistent with the land use approvals of the Marina and the Commercial Project and the terms and conditions of this Declaration; provided, however, in no event shall MOPA decrease the number of designated and common spaces allocated to the city pursuant to the terms of this Paragraph 2.1. MOPA shall make its determination upon considering all relevant factors including without limitation the parking requirements established by city ordinance and an analysis of actual parking demand based on time and day of the week. The parties anticipate that the parking requirements of the Marina will be heaviest on weekends, the parking requirements of office and commercial users of the Commercial Project will be heaviest on weekdays during business hours and the parking requirements of hotel users of the Commercial Project will be heaviest at night and on weekends and holidays. In recognition thereof, the parties hereto agree to grant MOPA the right from time to time to re- allocate various portions of the parking area for exclusive use of the Marina or any user or users of all or any portion of the Commercial Project and may partition any portion or portions of the parking area as either designated or common parking area of the Marina or any user or users of all or any portion of the Commercial Project at certain time or times during the day or week. As used in this Paragraph 2.1, night parking shall be deemed to occur between the hours of 6 P.M. and 6 A.M., California time and weekend and holiday use shall be deemed to occur on Saturdays, Sundays and legal. holidays. So long as MOPA owns an ownership or possessory interest in Lot 1, Lot 2, Lot 3 and /or Lot 4, 140PA may, but cannot be required to, assign its rights under this Paragraph 2.1 to the Association described in Paragraph 6.2, below. At such time as MOPA may no longer retain any ownership or possessory interest in Lot 1 Lot 2, Lot 3 and /or Lot 4, MOPA shall assign its rights under his Paragraph 2.1 to the Owners Association or its designee, nominee or successor. --5- COOR26027 7coor24.exh 022 2.2 Manner of ParAina: There shall be no parking of motor vehicles upon the portions of the Marina, commercial Project or the Haywood Parcel which are designated as driveways or roadways and no other obstruction to passage along Marina Circle and all other driveways of any nature whatsoever, whether partial or complete, temporary or permanent= provided, however, that in connection with maintenance or repair of improvements located upon the Parking Area, or in case of emergency involving life or roperty, service and emergency vehicles may be parked temporarily for a period not to exceed forty -eight (48) hours upon a driveway in such manner as to obstruct passage to the least extent feasible and in no case so as to violate any ordinance of the City or any other public body or agency. 2.3 Redesignation of Parkin Area: initially, the location of the Parking Area is on that portion of the Commercial Project more particularly described in Recital G, above. The parties hereto agree that the driveways, walkways, parking areas, curbing, drainage systems, landscaped areas, landscape sprinkler systems, lighting standards, and utilities services and installations actually constructed and installed in the initial development of the Marina, the Haywood Parcel and the commercial Project shall define and limit the nature and extent of the permitted physical uses of the easements herein granted. tf the actual installation of the roadways, driveways and parking areas located on the Commercial Project shall diEfor from the location described in Recital G, the term "Parking Area" shall be automatically deemed to refer to the roadways, driveways and parking areas as actually constructed. Except as such installation may be altered, replaced, or removed pursuant to this Section 2, all uses of the parking and access easements herein created shall not impair such physical improvements and Installations on the Parking Area and shall be consistent with the development of the Commercial Project and the primary purpose of this Declaration which is to provide, access and common parking facilities for the customers, invitees, employees, suppliers, service providers, and contractors of those activities and businesses conducted on the Marina the Haywood Parcel and the Commercial Project. After the inRial installation of parking and access improvements, the design, location, and layout of parking areas, parking spaces, driveways, walkways, curbs and islands, landscaped areas, and lighting standards shall not be changed or altered except upon a vote of the majority of the members of the Association with the city and the Ground Lease Tenants or owners of each Lot being entitled to one vote per'Lot, provided, however that in the event the change or alteration concerns the parking rights and privileges of the City, the vote shall require the vote of the City and the Ground Lease Tenants or owners of at least two (2) other Lots, subject to the arbitration provisions of the Bylaws. 2.4 Em ovees: The parties agree that a designated section of the Parking Areas :hall be reserved for parking by the employees, agents and contractors of the Ground Lease Tenant or Owner of Lot 4. The Association ma designate other portions of the Parking Area as employee parking for Lot 1, Lot 2 and /or Lot 3. The Association may distribute stickers or other form of identification which must be clearly displayed on all vehicles operated by such employees, agents and contractors. 3. Rules and ReaUlatiQW—s: The Association may adopt further and more detailed regulations and restrictions for the use and operation of the parking areas provided they are consistent with the terms of this Declaration, and when so adopted they shall be binding upon the City, MOPA, Haywood and their respective subtenants, and customers, invitees, suppliers, service providers, agents, employees, Buccessors and assigns. -6- COOR26027 7ccor24.axh 023 4. utilities and Service Easements: 4.1 Ult- 1;t ;es: xn addition to the easements created by the terms of each Ground Lease and in Paragraph 1, above, each portion of the Commercial Project and the Saywood Parcel shall also have, and MOPA hereby grants and reserves, reciprocal nonexclusive easements appurtenant to such other portion of the Commercial Project and the Baywood Parcel in, to, over, under and across the Parking Area for the installation, operation, maintenance, repair, relocation, and removal of sewers, water and gas mains, electric power lines, telephone lines, and other utility lines serving and for the benefit of each parcel within the Commercial Project and the Baywood Parcel. All such sewers, mains and lines shall be underground and shall be installed, operated, maintained, repaired, relocated and removed in such a manner as not to unreasonably interfere with the use and operation of the commercial Project and the Saywood Parcel. The utility lines located on the Parking Area may be relocated by MOPA, Saywood, Tenants, or other Owners at no cost to the City, provided that such relocation shall not interrupt or diminish the utility services to any portion of the Commercial Project or the Saywood Parcel and shall not reduce or impair the usefulness or function of any sewer line or main. Time is of the essence in the replacement, repair, maintenance, operation, installation and relocation of any utility line, main or sewer hereunder. 4.2 work aind Services: Each portion of the Commercial Project and the Haywood Parcel shall have, and the MOPA hereby grants and reserves mutual and reciprocal nonexclusive easements appurtenant to each portion of the Commercial Project and the Baywood Parcel over and upon the Parking Area for purposes of performing any work of construction, repair, maintenance or reconstruction of improvements on the Parking Area, provided that such work does not unreasonably interfere with the business operation of any other portion of the Commercial Project, Baywood Parcel or the Marina and provided that any damage, destruction, littering, or impairment of the Parking Area or the improvements located thereon reauiting from such work shall promptly be corrected, repaired, restored, and cleaned up at the expense of the party who may have directly or indirectly caused said damage, destruction, repair or maintenance. 4.3 Furthe r D cuments: If required by any utility company or governmental agency, or if necessary for any other reason to effectuate the terms of this Paragraph 4, the City, MOPA and Saywood (and Ground Lease Tenants or Owners, if any) shall execute such documents in recordable form as may be needed to show the creation, location, relocation or abandonment of any utility easement over the Parking Area. 4.4 Fee Title En2nag2erad: The City hereby agrees that its fee title ownership interest in the Commercial Project is encumbered by the easements granted in this Paragraph 4. 4.5 worms, of basements: Except as provided in this Paragraph 4.5 and paragraph 4.6, below, the easements granted by this Paragraph 4 shall exist for the term of each of the Ground Leases and any and all extensions or renewals of any one or more of them. In the event, however, MOPA or the Ground Lease Tenant or Ground Lease Tenants of any one or more of the Ground Leases should acquire fee title to the real property covered by one or more of the Ground Leases, then (i) the transferee or transferees shall accept fee title to the portion of the Commercial Project so conveyed subject to the terms of this Declaration and the easements granted, reserved and created herein without the necessity of further documentation and (ii) the easements -7- COOR26027 7coor24.exh 024 described in this Paragraph 4 shall, inso facto, be deemed to encumber that portion of the Commercial Project acquired by MOPA or any Ground Lease Tenant in perpetuity without the necessity of future notice or documentation. If any one or more of the Ground Leases may terminate prior to the expiration of the term thereof either by surrender or upon termination or default, or if MOPA or one or more but not all of the Ground Lease Tenants under the Ground Leases should decline from exercising its or their option to renew the terms of any one or more of the Ground Leases, this Declaration and the easements granted by this Section 4 shall remain in full force and effect against the entire Commercial Project including without limitation any part of the Commercial Project which may be held by the City or its successors free and clear of a Ground Lease upon termination thereof until the termination of the last remaining Ground Lease. in the event the State Lease shall terminate and the City does not acquire title or other right to own and operate the Marina, the easements granted herein which encumber the Commercial Project for the benefit of the marina =hall terminate but this Declaration shall remain in full force and effect with respect to the Commercial Project and the Saywood Parcel. 4.6 Public Ut lity Easement: Notwithstanding the fact that the Leases may be in full force and effect, the City shall dedicate in perpetuity any and all public utility easements which may be required for the development of the commercial Pro eet. The City shall receive no consideration for the dedication of any such public utility easements. S. Construction of Parkin Areas and Roadways: The parking area, driveways, roadways and utilities to be located on the Commercial Project have been or shall be constructed by MOPA or the Tenants under the Ground Leases or its or their successors and assigns pursuant to the land use approvals obtained at the time of construction of commercial improvements upon the Commercial Project. The parking areas, driveways, roadways and utilities located on the Commercial Project may be constructed in phases. All parking areas, driveways, roadways and utilities will be constructed in accordance with the standards established by the City as of April 1, 1990. 6.1 AX10cation of Cost: All costs and expenses of operating, maintaining, repairing and replacing the parking area, driveway, roadway and utility easements described herein shall be borne by the City, Baywood and MOPA (or Ground Lease Tenant or Ground Lease Tenants, if any) in the following manners 6.1.1 Lot 2. Lot 3 and Lot 4: The costs of operating, maintenance and repair of the parking areas, driveways, roadways, ligihtinand utility areas situated on Lot 2, Lot 3 and Lot 4 shat initially be borne .by 140PA. Xn the event the Ground Leases for Lot 2, Lot 3 and Lot 4, or any one or more of them, are assigned by MOPA to separate Ground Lease Tenants or are acquired by separata Ground Lease Tenants in tea title or are reacquired by the City or the City's successor -in- interest upon termination of Ground Lease or otherwise, the party acquiring each se arate Ground Lease shall be separately responsible for the driveway, roadway, parking and utility areas situated on Lot 2, Lot 3 or Lot 4. 6.1.2 Lot s: The costs of operating, maintenance and repair of the driveway, parking and utility areas situated on Lot 5 (including without limitation the cost of electricity for Parking Area lighti4g shall initially be borne eighty and three- tenths percent (80.3 ) by NOVA and nineteen and seven - tenths percent (19.7 %) by Baywood. in the event that the Ground Leases for Lot 1, Lot 2, Lot 3 and Lot 4, or any one or -$- COOR26027 7coor24.exh 025 more of them, are assigned to different Ground Lease Tenants or are acquired by separate Ground Lease Tenants in fee title or are reacquired by the City or the City's successor -in- interest upon termination of a Ground Lease, or otherwise, the fee title owner of the Baywood Parcel, the Ground Lease Tenants under Ground Leases and /or upon termination of the Ground Leases, the Owners of Lot 1, Lot 2, Lot 3 and Lot 4 shall share the costs of maintenance and repair of Lot 5 in accordance with the following percentages (the t•Applicable Percentages "): Lot 1 11.6% Lot 2 12.5% Lot 3 15.5% Lot 4 40.74 Baywood Parcel 19.7% Except as provided in Paragraph 6.5, below, and unless charged by the Association in the manner described in the Bylaws, the Applicable Percentages shall not be altered or readjusted. For purposes of this Paragraph 6.1.2, the Ground Lease Tenants of each Ground Lease shall be liable for its Applicable Percentage of repair and maintenances costs of Lot 5 during the term of the Ground Lease. If a Ground Lease Tenant acquires fee title to the real estate covered by a Ground Lease, that Ground Lease Tenant and its successors and assigns as owner of title to the real property covered by that Ground Lease shall continue to be liable for its Applicable Share of repair and maintenance costs of Lot 5. If a Ground Lease Tenant does not acquire fee title to the real property covered by any Ground Lease, then upon termination of a Ground Lease, the City or Sts successor or assign as landlord under the Ground Lease shall become liable for its Applicable Percentage of repair and maintenance costs of Lot S. 6.1.3 igt 6: The costs of maintenance and repair of the parking areas, driveways, roadways and utility areas situated on Lot 6 exclusive of the cost of electricity for lighting on Lot 6 shall be borne fifty percent (504) by the City: forty and fifteen one - hundredths percent (40.15 %) by MOPA and nine and eighty -five one - hundredths percent (9.85 %) by 6aywood. In they event Lot 1, Lot 2, Lot 3 and Lot 4, or any one or more of them, are assigned to or acquired by different Ground Lease Tenants, then MOPA Baywood and the Ground Lease Tenants (or other party acquiring an interest in one or more Ground Leases or fee title to a Lot free and clear of a Ground Lease) shall bear fifty percent (50 %) of the cost of maintenance and repair of the cost of maintenance and repair of Lot 6 in accordance with the Applicable Percentages in the manner set forth in Paragraph 6.1.2, above. Notwithstanding the foregoing i all costs of operating the lightinq situated on Lot 6 shall be borne solely by the city. 6.1.4 aavwood Parcel: The costs of maintenance and repair of the driveways, roadways and utility areas, if any, situated on the Baywood Parcel shall be borne by Baywood and its successors and assigns. 6.1.6 Marina Circle: Notwithstanding the terms of Paragraphs 6.1.1, 6.1.2, 6.1.3 and 6.1.4, above, the parties hereto agree that the costs of maintenance and repair of Marina Circle shall initially be borne !fifty percent (5o$) by the City, forty and fifteen one hundreAth percent (40.15 %) by MOPA, and nine and eighty -five one- hundredth percent (9.85 %) by BayWood. In the event Lot 1, Lot 2, Lot 3 and Lot 4, or any one or more of them, are assigned to or acquired by different Ground Lease Tenants, then MOPA lsaywood and the Ground Lease Tenants (or other parties acquiring an interest in one or more Ground -9-- COOR26027 7coor24.exh 026 Leases or fee title to a Lot free and clear of a Ground Lease) shall share fifty percent: (50 %) of the cost of maintenance and repair of Marina Circle in accordance with the Applicable Percentages in the same manner described in Paragraph 6.1.2, above. 6.1.6 Marj=t The costs of maintenance and repair of any parking areas, driveways, roadways and utility areas that may be now or hereafter situated on the Marina shall be borne by the City. 6.2 =nation of Association: Except where otherwise provided in this Declaration, the management, maintenance and operation of the Parking Area shall be governed and conducted by and throu h the Petaluma Marina owner's Association (the "Association "). The Association shall be formed as a California non - profit mutual benefit corporation or other form of association acceptable to its members and shall consist of the City, Saywcod and MOPA and any and all other Ground Lease Tenants who may hereafter acquire the lesseees interest in any Grund ofothe Lease or andcclear ofeatGround Lease Portion each and all of whole upon acquiring the lessees interest in a Ground Lease or fea title to any portion of the Commercial Project currently covered by a Ground Lease shall automatically become a member of the Association and shall remain a member for so long as it owns an interest in a Ground Lease or Ground Leases or, upon termination of a Ground Lease or Ground Leases, a fee title ownership interest to any portion of the Commercial Project. The Association shall be deemed to be in existence immediately upon recordation hereof. The Association shall have the power by written consent of the City and MOPA to adopt, written bylaws (the "Bylaws,,) and articles of incorporation providing it detail for the creation and election of the board of directors, and the qualifications of directors, and the creation of officers and the qualifications, term and duties of the officers. The Bylaws may be amended or repealed in the manner described in the Bylaws. The Bylaws may delegate the powers, authority, duties and responsibilities of the Association under this Declaration to such board of directors or officers or manager (including MOPA), all upon such terms as the Bylaws may provide, and the Bylaws so adopted or amended shall be binding upon the City, MOPA, Baywood and Ground Lease Tenants and owners, if any, and any of their assignees and subtenants (whether or not they consent thereto or to any given amendment thereof) until amended or repealed, and the City, MOPA, Baywood and Ground Lease Tenants and owners, if any, and upon'any of their assignees and subtenants shall be bound by any action of such board of directors or officers or managers which may be au-thorized by the terms of the Bylaws. In the absence of the Bylaws, any action or responsibility required or permitted to be undertaken or exercised by the Association shall be by the written consent or authorisation of the City and MOPA, so long as MOPA owns at least two Lots in the Commercial Project and, thereafter, by the city and a majority of those parties who may own the Baywood Parcel and the tenants' interest- in the Ground Leases or, upon termination thereof, fee title to Lot 1, Lot 2, Lot 3 and Lot 4. 6.3 : The Association shall be responsible for the continued maintenance, repair, operation and restoration of the Parking Areas• Without limiting the generality of the foregoing, the Association shall specifically do the followings (a) Maintain, or cause to be maintained, all parking lots, roadways, driveways, walkways, exterior electric Lighting facilities and lighting standards, landscape irrigation or sprinkler systems, drainage systems, and other, improvements located on the Parking Area, in good repair, operable in the -10- COOR26027 7coor24.exh 027 t manner of which they are designed, and in a safe, sound condition; (b) Maintain, or cause to be maintained, any and all trees, shrubbery, planting, and other landscaping located on the Parking Area and replace the same as necessary; (c) Keep all paved areas on the Parking Area in level, smooth and evenly covered condition with the type of material originally installed or such substitute as shall in all respects be equal in quality, use, and durability; (d) Remove all pa era, debris, filth and refuse from the Parking Area and routinely sweep all paved areas to the extent reasonably necessary to keep the same in clean and orderly condition; (e) Place, keep in repair and replace any necessary or appropriate directional or informational signs, markers and lines, restriping parking spaces as necessary, and clearly delineating by curb painting, striping, and other means no parking and loading zones on the Parking Areal (f) Keep in good repair and condition on the Parking Area common identification signs, perimeter fences and walls, and other common facilities; (g) Pay all charges for landscaping irrigation water, electrical services and any other utilities furnished and separated metered on the Parking Areal, (h) Keep in force and effect (to the extent available at commercially reasonable rates) a blanket public liability insurance policy or policies with initial policy limits of not less than $1,000,000 per person and $5,000,000 per occurrence for personal injury or death, and $300,000 of property damage, for injury to person or property occurring on the Parking Area for the benefit of the City, saywood, MoPA and Ground X ease Tenants and owners, if any, and to increase the policy limits in the manner described in the Bylaws; ((i) Keep in force and effect, and pay the premiums for, a policy or policies of comprehensive casualty insurance covering loss or damage to improvements, parking, driveway and utility easement areas on the Parking Area from f ire, windstorm or other casualty, in a policy amount equal to the full replacement value thereoff and (j) Enforce the terms of this Declaration against the city, Baywood, MOPA, Ground Lease Tenants, and Owners, and their respective successors and assigns. Notwithstanding anything stated above to the contrary, the Association shall have no right or obligation to maintain or repair any landscaping, signs, sidewalks or common areas situated on the Marina or the Saywood Parcel or on any portion of the Commercial Project not included within the Parking Area. 6.4 Authority to Contractt The Association shall have the authority to contract for all services, work and insurance policies required pursuant to Paragraph 6.3, above, and to employ MOPA or a professional manager to conduct these and all other duties of the Association hereunder, provided that no such contract or employment agreement shall be for a term of more than three (3) years. Any such contract shall conclusively be deemed the act and deed of the Association if it is executed by the City and MOPA. -�1- COOR26027 7coor24.exh 028 6.8 : The Association shall have the authority ( ) to grant perpetual non - exclusive easements for ingress, egress, roadway and parkin purposes over Lot 6 for the benefit of and appurtenant to that certain parcel of real property adjacent to Lot 6 situated on one and three- tenths (1.3) acres currently owned by Borue S. O'Brien and more particularly described in xihibit 'lost attached hereto and incorporated herein (the 401.3 Acre Parcel) and (ii) to grant perpetual non - exclusive easements for ingress, egress and roadway purposes over Lot 6 for the benefit of and appurtenant to that certain parcel of real property adjacent to Lot 6 commonly known as 799 Saywood currently owned by Richard Coombs and Jennifer Coombs and more particularly described in Exhibit 116„ attached hereto and incorporated herein (the „799 Parcel"). The fee title owner of the 1.3 Acre Parcel and /or the 799 Parcel, may annex its or their land into the area benefited by this Declaration at any time upon written application therefor. Said application shall state that the fee title owner of the 1.3 Acre Parcel and /or the 799 Parcel shall be bound by the terms of the Declaration and the Bylaws. The 1.3 Aare ]parcel and the 799 rarcal shall be deemed to be admitted into the Association and shall be deemed to receive the benefit of the easements granted herein immediately upon the Associations receipt of written application. The Association, the city, the Tenants and, upon termination of any or all or the Ground Leases, the fee title owners of Lot 1 Lot 2, Lot 3 and Lot 4 shall execute any and all agreements, instruments and instructions which may reasonably be required to evidence the grant of the benefit easement described it his Declaration to the 1.3 Acre Parcel and /or the 799 Parcel. Upon admittance into the Association, the fee title owner of the 1.3 Acre Parcel and /or the 799 Parcel shall become obligated to pay a portion of the costs of maintenance and repair of Lot 5 and Marina Civole. The Applicable Percentages shall be adjusted among the members of the Association (excluding for computation purposes the operator of the Marina) on the basis of the gross square footage of Lot 1, Lot 2, Lot 3, Lot 4, the Baywood Parcel and the 1.3 Acre Parcel and /or the 799 Parcel so admitted reduced only be parking areas that may be situated on said parcels. The parties agree that the fee title owners of the 1.3 Acre Parcel and the 799 Parcel are and shall be intended third party beneficiaries of this paragraph 6.5. 6.6 Title to Lot 5 and Lod 6: 6.6.1 Lot 5: In consideration of this Declaration, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the City agrees that upon written request of the Association at any time during the term of this Declaration, the City or its successors or assigns shall contribute the fee title ownership interest in Lot 5 to the Association. The Association shall hold title to Lot 5 for the benefit of the City and the members of the Association, subject to the terms of this Declaration and the Bylaws. Upon any termination of this Declaration, as described In Paragraphs 1.6 and 4.5, above-:, the Association, or its successors and assigns, shall reeonvey title to the City by quitclaim deed at no coat or expense to the City. The terms and conditions of the transfer of Lot to the Association are set forth in the Contribution Agreement attached hereto as Exhibit 1.7„ and incorporated herein. 6.6.2 Lot 6: In consideration of this Declaration and for other good and valuable consideration, the -12- COOR26027 7coor24.exh 029 receipt and sufficiency of which is hereby acknowledged, the City agrees that upon written request of the Association the City or its successors or assigns shall contribute the fee title ownership interest to Lot 6 to the Association. The Association may not request the transfer of fee title to Lot 6 to the association unless one of the following three events shall occur: (i) The Loan Contract between the City and the California Department of Boating and waterways (- C.D.B.w.") in the amount of $3,960,000 dated November 23, 1987 is paid off and retired; or (ii) C.D.B.W. consents in writing to the transfer of title to Lot 6 to the Association; or (iii) Twenty seven (27) years have elapsed from the date of .recordation of this Declaration. The conditions set forth in this Paragraph 6.6.2 are for the benefit of both the City and the Association and may be waived only in writing by both or said parties. The Association shall hold title to Lot 6 for the benefit of the City and the members of the Association subject to the terms of this Declaration and the Bylaws. Upon any termination of this Declaration as described in Paragraphs 1.6 and 4.5, above, the association, or its successors or assigns, shall reconvey title to the City by quitclaim deed at no cost or expense to the City. The terms and conditions of the transfer of Lot 6 to the Association shall be substantially similar to the terms set forth on the Contribution Agreement attached hereto as Exhibit 117n. 6.6.3 Acknowledgement: The City hereby acknowledges that if approved and accepted by the Association, the transfer of title to Lot 5'and Lot 6 to the Association will further the City's interests in operating and maintaining the Marina and the Parking Area. The City further acknowledges that the City will contain sufficient ownership and control of Lot 5 and Lot 6 through its membership in the Association. . 6.6.4 Prior to Transfer of Titles Prior to the transfer of fee title to Lot 5 and Lot 6 to the Association, MOPA shall, at the written request of the Association, transfer and assign the Ground Lease for Lot 5 and /or the Ground Lease for Lot 6 to the Association pursuant to the terms and conditions of Article 15 of the Ground Lease for Lot 5 and /or Lot 6. The City hereby consents to said assignment. 6.7 Reined es: The costs and expenses incurred by the Association shall be borne by the City, MOPA, Baywood or Tenants, if any, in accordance with the allocation or costs described in Paragraph 6.1, above. if any party shall fail to perform its A obligations ssociation shallhave ther rights tand hremedies rprovided hI owner s Paragraph 9, below. 7. Taxes Insurance and indemnification: 7.1 TAXOs: All taxes, charges, special and general assessments, business license fees and similar taxes (individually *'Tax" and collectively "Taxes') assessed against the Commercial Project shall be paid in the following manner: (i) Baywood shall pay all taxes assessed against the Baywood Parcel. COOR26027 7coor24.exh 030 8.2 Subordination: This Declaration and the easements granted or reserved herein shall be senior to the Ground Leases and any and all deeds of trust, mortgages or other liens, encumbrances or ground leases of any nature or securing any amount of amounts which may now or hereafter be secured against the interest of the City .in the Marina and the CityPs fee title ownership in the Commercial Project and the interest of Baywood in the Baywood Parcel and the interest of MOPA and /or the Ground Lease Tenant or Ground Lease Tenants in the Ground Leases or, in the event MOPA and /or the Ground Lease Tenant or Ground Lease Tenants in the Ground Leases acquire fee title to all or Tof the Ground Leases, the interest of MoPA and /or the Owners in the fee title to the Commercial Project or any Ground Lease including, without limitation, any and all mandatory or discretionary future advances thereon. said subordination shall be effective without the necessity of having further instruments executed by the City, Baywood, MOPA and /or any Ground Lease Tenant or Ground Lease Tenants or Owner or owners or any mortgagee. Nevertheless, at the request of MOPA or the Owners Association, the parties hereto, or their successors and assigns, shall forthwith execute, acknowledge and deliver such instruments as may be necessary or appropriate to obtain the subordination of any deed or truest, mortgage, ground lease or other lien or encumbrance to this Declaration and the easements granted or reserved herein. Without limiting the generality of the foregoing, MOPA agrees to exercise its best efforts to obtain a subordination from the holder of that certain promissory note executed by MOPA in favor of Bank of San Francisco secured by a deed of trust against the Ground Lease for Lot 1 recorded April 1S, lg9o, as Instrument No. 90- 036293 in the Sonoma county Records. 8.3 Winders: The breach of any of the easements, covenants, charges, burdens or restrictions imposed hereby shall not defeat or render invalid the lien or charge of any mortgage or deed of trust made in good faith and for value, and with respect to any such mortgage or deed of trust; pprovided, hereunder, the provisions of this Paragraph 8 shall be limited to provide that title to any interest in the Commercial Project or the Baywood Parcel acquired through sale by foreclosure or exercise of the power of sale in such mortgage or deed of trust (whether effected by judicial proceedings or otherwise) or by deed in lieu of foreclosure or trustee's sale shall be subject to all of the charges, burdens, easements, covenants, restrictions and equitable servitudes affecting the commercial Project pursuant to this Declaration and the Bylaws. 8.4 TransfeXoeo: Any transferee (by gift, devise, Intestate succession, grant, quitclaim, trustee 'to deed, sheriff's f deed, or other mode of transfer whatsoever) of ee title of Lot 1, Lot 2, Lot 3, Lot 4, Lot S and /or Lot 6 or of the lessee's interest in any Ground Lease shall be automatically deemed, by acceptance of title, or any part thereof, to have assumed and become abound by all burdens, charges, equitable servitudes, easements, covenants and obligations imposed by this Declaration and to have agreed with all other parties to execute any and all instruments and to do any and all things reasonably required to carry out the intention of this Declaration and the Bylaws. 9. Remedies: 9.l, Riabt to : If any party or the Association shall, during the term of this Declaration, default in the full, faithful and punctual performance of any obligation to be performed by such party and if such default shall continue for thirty (30) calendar days after written notice from any other party or from the Association stating with particularity the nature and extent of such default, then'any other party or the Association shall, in addition to all --15- COOR26027 7coor24.exh 031 other remedies it may have at law or in equity or under the Bylaws, have the right to perform such obligation on behalf of such defaulting party and be reimbursed by such defaulting party for the cost thereof, together with interest at the rate of twelve percent (12 %) per annum or such lower rate as may be the highest rate chargeable under the then applicable usury lasts of the state of California. Any such claim for reimbursement, to ether with interest as aforesaid, shall be a secured right and a ion therefor shall attach to the portion of the Marina, the Baywood Parcel or the Commercial Project owned or operated by the party in default, and improvements thereon, owned by the defaulting party to the extent of the defaulting party's interest thereto and shall be effective upon recording of a notice thereof in the Recorder's Office for Sonoma County, or in such other office as may from time to time by law be charged with maintaining the public records of Sonoma County. The lien described in this Paragraph 9.1 shall be subordinate to any mortgage or deed of trust now or hereafter covering any portion of the Commercial Project and /or the Baywood Parcel, as the case may be, and improvements thereon, which mortgage or deed of 'trust shall comply with the terms of Article is of the Ground Leases, if applicable, and any purchaser at any foreclosure or trusteefs sale (as well as any grantee by deed in lieu of foreclosure or trusteeOs sale) under any such mortgage or deed of trust shall take title free and clear from any such then existing lien described in this Paragraph 9.1, but. otherwise subject to the provisions of this Declaration and the Bylaws. 9.2 TnJunative Rel{efa in the event of a breach, or attempted or threatened breach, of any obligation of this Declaration by the City, Baywood, MOPA or Ground Lease Tenants or owners, if any, or its or their assignees or subtenants or by the Association, the non - defaulting party or parties shall be entitled forthwith to full and adequate relief by injunction and all such other available legal and equitable remedies from the consequences of such breach. An' deed, lease, assignment, conveyance or contract made in violation of this Declaration shall be void and may be set aside upon the petition of one or more of the non - defaulting parties or by the Association. All costs and expenses of any such suit or proceeding•shall be assessed against the defaulting party and shall constitute a lien against the interest of the defaulting party in the Marina, the Baywood Parcel or the Commercial Project or the interest therein wrongfully leased, assigned, conveyed or contracted for until paid, effective upon recording of a notice thereof in the Office of the county Recorder of Sonoma County, or in such other office as may from time to time by law be charged with maintaining the public records of sonoma county. The lien described in this Paragraph 9.2•shall be subordinate to any mortgage or deed of trust covering any portion of the Commercial Project and /or the Saywood Parcel, as the case may be, and any improvements thereon, which mortgage or deed of trust shall comply with the terms of Article 18 of the Ground Leases, if applicable, and any purchaser at any foreclosure or trusteefs sale (as well as any grantee by deed -in lieu of foreclosure of trustee ,'s sale) under any mortgage or deed of trust shall take .title free from any such lien described in this Paragraph 9.2, but otherwise subject to they provisions of this Declaration and the Bylaws. 9.3 No waivers No delay or omission of any party In the exercise of any right accruing upon any default of any other party shall impair any such right or be construed to be a waiver thereof, and every such right may be exercised at any time during the continuance of such default. A waiver by any party of a breach of a default of any of the terms and conditions of this Declaration by any other party shall not be construed to be a waiver of any subsequent breach or default of the same or any other provision of this Declaration. Except as otherwise apecirloally provided in Chia Declaration, no remedy provided in -16- COOR26027 7coor24.exh 032 this Declaration or the Bylaws shall be exclusive, but each shall be cumulative with all other remedies provided in this Declaration, the Bylaws and at law or in equity. 9.4 No Rescission= It is expressly declared that no breach of the provisions of this Declaration shall entitle any party to cancel, rescind or otherwise terminate this Declaration, but such limitation shall not affect, in any manner, any other rights or remedies which any party may have hereunder by reason of any breach of the provisions of this Declaration. 10. Right to Comylate Develunmsnt: Anything in this Declaration to the contrary notwithstanding, nothing in this Declaration shall be construed or interpreted as imposing upon MOPA, its agents, employees, contractors, successors and assigns: (a) any restrictions whatsoever as to the design, construction, maintenance, repair, conduct or location of any initial work of improvement anywhere in the Commercial Project, or (b) financial responsibility for failure to complete any such initial work of improvement, or (c) any limitations or restrictions as to scheduling, timing or phasing of initial development or construction of the Commercial Project or any portion thereof, or (d) any limitation whatsoever with respect to temporary construction signage, for sale or lease signage or other signage deemed appropriate by MOPA during such initial development. In constructing any improvements on any portion of the commercial Project, MOPA and /or any Ground Lease Tenants under any Ground Leases and /or owners, may temporarily store materials on the Parking Areas and may perform works of construction on the Parking Areas which may be needed in connection with the construction of permanent improvements for the commercial Project. 11. Release of Excluded Aroporty= For u ses of this Paragraph 11, those portions of the legal parcel which the Saywood Parcel is situated other than the Saywood Parcel itself shall be referred to as the „Excluded Property". The parties hereto agree that the benefits of this Declaration do not inure to the benefit of the Excluded Property and the burdens of this Agreement do not encumber the Excluded Property. At such time as Baywood or its successor or assigns may obtain all necessary public approvals for the legal division of the Baywood Parcel and the Excluded Property into separate legal parcels and, if requested by the owner of the Excluded Property or any title insurer of the Excluded Property and /or the Baywood Marcel, the city and any other fee title owner of Lot 1, Lot 2, Lot 3, Lot 4, Lot 5 and Lot 6, the lessees under each Ground Lease and the Association shall each execute any quitclaim deed or other document, instrument or instruction evidencing the release of the Excluded Property from the encumbrance of this Declaration. Said release shall be effected at no cost to the owner of the Excluded Property other than the cost of preparing and recording any quitclaim deed or other document, instrument or instruction required to evidence the release of the Excluded Property and the cost of obtaining any lot -line adjustment or parcel map which may legally divide the Maywood Parcel and the Excluded Property. 12. No Third Party aaneficiaries: No Creation of Prescriptive Rights: The parties hereto agree that the terms of this Declaration shall inure to the benefit of the Marina only so long as the City, is the lessee under the State Lease. in the event the State Lease should terminate the Marina shall be excluded from this Declaration without notice and without raquivement of addlttlonai documentation. The parties hereto further agree that, except as provided in Paragraph 6.5, above, there are no intended third party beneficiaries of this Declaration and that the benefits of this Declaration shall not inure to the benefit of any real -17- COOR26027 7coor24.exh 033 property adjacent to the Marina, the Commercial project and the Baywood Parcel. The parties hereto further acknowledge that the general public and the owners of real property adjacent to the Marina, Baywood Parcel and Commercial Project may, from time to time, use all or a portion of the parking areas driveways, roadways and other common use areas described heraLn. The parties agree that such Una is permissive and with the consent of the Parties hereto. MOPA, or the Association, shall post at the entrance of the Commercial Project or at intervals of not more than two hundred (200) feet along the boundary of the Commercial Project a sign stating that "Right to Pass by Permission, and Subject to Control, of owner; section 1008, Civil Code ". Upon recordation hereof, the parties shall execute and record in the official Records of Sonoma County a Notice, pursuant to Section 813 of the California Civil Code in the form attached hereto as Exhibit „8„ and incorporated herein stating that the right of the public to use the parking areas, driveways and other common use areas is permissive. 13. Miscellaneous: 13.1 Partial Invalidity: If any provision, or portion thereof, of this Declaration, or the application thereof to any persons or circumstances shall, to any extent, be held invalid inoperative'or unenforceable, the remainder of this Declaration, or the application of such provision, or portion thereof, to any other persons or circumstances shall not be affected thereby; the remainder of this Declaration shall be given effect as if such invalid or inoperative portion has not been included; and each provision of this Declaration shall be valid and enforceable to the fullest extent permitted by law. 13.2 No Joint Venture: Nothing in this Declaration shall be construed to make the City, MOPA, Baywood and Ground Lease Tenants or owners, if any, or any of them, partners or joint venturers or render either the City, MOPA, Baywood or Tenants, if any, or any of them, liable for the debts or obligations of any other party. The Association shall be the agent of the City, MOPA, Baywood and Ground Lease Tenants or Owners solely for the limited purposes set forth herein and shall not give rise to any additional obligations or liabilities on the part of the-City or NOVA or Baywood or Ground Lease Tenants or owners, if any. 13.3 Term of Remedies: Except as provided in Paragraphs 1.6 and 4.5, above, rights and obligations of the Association and the remedies herein described shall continue in force and effect for a term of sixty (60) years unless sooner terminated pursuant to the terms of this Declaration, and thereafter shall automatically be renewed for successive periods of ten (10) years unless prior to commencement of such ten (10) year period the City, Baywood and MOPA or their successors and assigns unanimously elect not to renew this Declaration. Notwithstanding anything stated above in this paragraph 13.3 to the contrary, the termination of this Declaration shall not affect or terminate the easements granted by Paragraph 1 and Paragraph 4, above, except as specifically provided in Paragraphs 1.6 and 4.5, above. 13.4 Naticaes: Unless otherwise specified in writing to the other party in the manner set forth herein, the address of each party for all purposes shall be as follows: -7.8- COOR26027 7coor24.exh 034 The City$ Office of the City Manager City Hall 11 English Street Petaluma, California 94952 MOPA: c/o Petaluma farina Business center 799 Baywood Petaluma, California 94952 Attn: Borue H. O'Brien Saywcod: c/o Petaluma Marina Business center 799 Saywood Petaluma, California 94952 Attn¢ Borue H. O'Brien Any notices required to be given hereunder shall be sent by registered or certified mail, return receipt requested, to such addresses, with copies to each party. service of written notice shall be deemed to be effective twenty -four (24) hours after the date shown on the receipt issued by the post orrice for such registered or certified mail. 13.5 Amendmentt This Declaration may be amended by an instrument executed by the City, Baywood and MOPA. If MOPA shall assign any of the Ground Leases, this Declaration may be amended by an instrument executed by the City, Baywood and all Ground Lease Tenants under the Ground Leases or all Owners who may acquire fee title to Ground Leases except as may be otherwise provided herein. 13.6 Attorneys' Fees: In the event that any party Institutes an action at law or in equity to enforce or interpret any provisions of this Declaration, or to enforce the award of any court of law, the prevailing party or parties in such action shall be entitled to an award of reasonable attorneys' and experts• fees and court costs in addition to any and all other remedies awarded by the court. 13.7 S ndi nat s Effect of Acaulslzlon or -ee i•A L by MOPA or Tenants: Subject to the terms of Paragraph 12, above, and the Ground Leases, the terms and provisions of this Declaration shall inure to the benefit of, and be binding upon, the parties hereto and to their guests, invitees, lessees, sublessees, grantees, contract purchasers, successors, estates, administrators, executors, devisees, heirs, assigns, and subassigns. In the event the City should transfer its interest in the Commercial Project to this Petaluma Community Development Commission, the terms of this Declaration and the easements granted and reserved herein shall be binding upon and shall inure to the benefit of the Petaluma Community Development cpmmission without notice or further documentation. In the event XOPA or any Ground Lease Tenant or Ground Lease Tenants should acquire fee title to any Ground Lease, the terms of this Declaration and the easements granted and reserved herein shall attach to said fee title without notice or further documentation. Without limiting the foregoing, each party hereto and their successors and assigns shall execute and deliver any instruments, agreements and instructions that may be reasonably required by any party hereto or any title insurer to evidence the existence or priority or the easements granted or reserved herein. 13.8 Cangli cts: In the event any conflict exists between the terms of this Declaration on one hand and the terms of the Ground Leases on the other hand, the terms of this Declaration shall govern. in the event any conflicts exist between the terms of this Declaration on one hand and the terms of the Bylaws on the other hand, the terms of this Declaration shall govern. -19- COOR26027 7coor24.exh 035 13.9 Further Assurances: The parties hereto agree to execute any and all further agreements, instruments, or instructions at any time or times hereafter which may be necessary or convenient to accomplish the purposes of this Declaration, including, but not limited to, any documents requested by any title insurer of the Marina, the Saywood Parcel or the Commercial Project to insure the rights granted to the City or MOPA herein. IN WITNESS WHEREOF, the parties hereto execute this Declaration on the date first set forth above. THE CITY: CITY OF PETALUMA, a public body, corporate and pgjitdd c By: Approved as to Form Attest: MOPA: MARINA OFFICE PARK ASSOCIATES, a California Limited Partnership By: or a H..o7 r en, General P artn er By: / C-2— � :: e $�� A. Coombs , °en artne r By: 'Larry 'Was Partner SAYWOOD: BAYWOOD PARTNERS, INC., a California corporation I By: By: By: Its: -20- COOR26027 7coor24.exh 036 STATE OF CALIFORNIA ) ,p ) s8. COUNTY OF 10MUl�J on this .-day of in the year before me, personally a peared B rue H. O•Srien, personally known to me t o to be the person that executed this instrument on behalf of the partnership and acknowledged to me that the partnership executed it. IN WITNESS of xed my official c rtificate. WHEREOF I have hereunto set my hand and seal in 'the ------ County of on the date set forth above in this Ndtarjr Public, State of Califorola My Commission Expires: "'STATE OF CALIFORNIA ) COUNTY OF t�-- on this day in the yeauf before me, personally appealre d IRLchard A. Coombs, pe v e) the person that executed this instrument on behalf of the partnership and acknowledged to me that the partnership executed it. IN WITNESS WHEREOF, I hav hereunto set my hand and of "ed my official seal in the County of on the. date set forth above n this 4.926 f Ry o ary Pu c, State of a orn SamWl My commission Expires: i STATE OF CALIFORNIA ss. COUNTY Or "d.X, :-//LZ- ) on thin /��ay of in the year before me, persona l'�y� appeared-Larry L. WaSem, personally known to me ( o sa be the person that executed this instrument on behalf of the r partneship and acknowledged to me that the partnership executed it. IN WITNESS WHEREOF, I have hereunto set my hand and of d my official seal in the County of •' d�it.��• on the date set forth above this certificate. o ary Public, S a e of California My Commission Expires: -21- COOR26027 7coor24.exh 037 STATE OF CALIFORNIA ) //%% ss . COUNTY OF//Z14AU i LA— On this ay of in the year before me, persona y appeared brae H. O *Brien, pers na-lly known to we ( e o- ��+'-- silerfa__ct�__o�.� e�ieruse) to be the person that executed this instrument on—Se-half of the corporation and acknowledged to me that the ccsrparation executed Lt. IN WITNESS WHEREOF, I have hereunto get my hand and aff ced m official seal in the County of on the date set ror above n this C-1264A -�-Ao- ela� c�ert ficate. o rO" a ary Pu c,• Wtate of 11forn a NR My Commission Expires: ff 4 11 :3ONWA COUN17 991 STATE Or CALIFORNIA ss. COUNTY OF �G�� -���yy�� Q On this /%' ' 'May of in the year ! d before me, personally appeared R cward A. Coombs, personally known to me gsrrd'ftace•) to be the person that executed this instrument on behalf of the corporation and acknowledged to me that the corporation executed it. IN WITNESS WHEREOF, I have hereunto set my hand and aMxed my official seal in the County of on the date se for h a ove n this •ice a.cate. w++ a ota Public, State of Cali orn a WACIALWAL My Commission Expires: SON MA May STATE OF CALIFORNIA ) COUNTY OF On this /2 `may of � e in the year before me, person lly appeared Larty L. Wasem, persona ly known to me ( ov�d m.�..� h' a •-e %ief4x o v to be the perat executed this instrument on behalf of the corporation and acknowledged to me that the corporation executed it. IN W2TNESS WHEREOF, Y have hereunto set my hand and afflx,qd my official seal in the County of Tk•G on the date s-e-f forth above In this Notary Pub c, State of Fll. I for My Commission Expires: OTo� , Mt CO XP. -22 COOR26027 7coor24.exh 038 Exhibit 1 Exhibit 2 Exhibit 3 Exhibit 4 Exhibit 5 Exhibit 6 Exhibit 7 Exhibit 8 a. - Legal Description of Marina Legal Description of Commerc3.a1 Project Legal Description of Haywood Parcel Legal Description of Parking Areas initially Located on Lots 2, 3 and 4 Description of 1.3 Acre Parcel Legal Description of 799 Parcel Contribution Agreement Civil Code Section 813 Notice -23- COOR26027 7coor24.exh 039 Exhibit •.—L2a Legal Description or Marina Premises The Marina Premises are located in the City of Petaluma, County of Contra Costa, State of California and Consist of "Parcel 1" ane "Parcel 211 described as follows: t. PARCEL 1 Being portions of the land described in Grant Deed No. 9789 recorded Feb. 19, 1953 in Book 1189 of Official Records, page 305, Sonoma County, and Grant Deed No. 17660, recorded Jan. 27, 1956, in Book 1410 of Official Records, Page 451, Sonoma County, and being a portion of the Petaluma Rancho in T4N, R7W and TSN, R7W, more particularly described as follows: COMMENCING at the easterly terminus of the curve with an arc length of 785.9 feet, as described in that Deed to Northwestern Pacific Railroad Company, a corporation, recorded Oct. 24, 1916 in Book 345 of Deeds, Page 266, Sonoma County, said point lying on the southerly line of the Northwestern Pacific Railway right -of -way, said point of commencement being indicated as Point "C" on that Record of Survey recorded in Book 185 at page 18 of Maps, Sonoma county; thence southeasterly on a tangent to said curve along the southerly line of the Northwestern Pacific Railway Right -of -Way S 76059112" E 755.10 feet to a point of intersection with the northwesterly line of that certain parcel of real property in the County of Sonoma, State of California, described in the Quitclaim Deed from the County of Sonoma, to the City of Petaluma, California, a municipal corporation, dated May 28, 1968, and recorded on May 31, 1968, in Book 2333, of official Records, Pa e 819, Sonoma County, and the TRUE POINT OF BEGINNING of the herein described parcel; thence leaving said southerly right -of -way line S 14'3410011 W 196.00 feet; thence 8 10'1614511 W 278.00 feett thence S 05'0914011 W 140.00 feet; thence S 15'4213.5" W 93.94 feet; thence S 26'21153" W 123.30 feet; thence N 86'0410011 W 77.00 feet! thence N 03'5610011 E 143.43 feet; thence N 41`0400011 W 121.55 feet to a Point on the northwesterly line mentioned abover thence along said northwesterly line N 30 5714811 E 657.39 feet to the Point of Beginning. PARCEL 2 Being portions of the land described in Grant Dead No. 9789 recorded Feb. 19, 1953 in Book 1189 of official Records, page 305, Sonoma County, and Grant Deed No. 17660, recorded .Ian. 27, 1956, in Book 1410 of official Records, Page 451, Sonoma County, and being a portion of the Petaluma Rancho in T4N, R7W, and T5N, R7W, M.D.B. &M., more particularly described as followst SF.G7NNING at the easterly terminus of that curve with an arc length of 785.9 feet, as described in that Deed to Northwestern Pacific Railroad company, a corporation, recorded oct. 24, 1916 in Soox 345 of Deeds, Page 266, Sonoma County, said point lying on the southerly line of the Northwestern Pacific Railway right -of -way, said point of beginning being indicated as Point "c" on that Record of Survey recorded in Book 185 of Maps, Page 15, Sonoma county; thence along said southerly right -of -way line S 76'59112° E 755.10 feet to a point of intersection with the northwesterly line of that parcel described in that Quitclaim Deed, recorded May 31, 1968 in Book 2333 page 819 of official Records, Sonoma County; thence along said northwesterly line S 30'57'48" W 657.39 feet= thence leaving said northwesterly line N 41'0410011 W 24.45 feet; thence N 86'04100" W 28.50 feet; thence S 48 56'0011 W 91.00 feett thence N 41'0410011 W 292.00 feet; thence N 48456000" E 83.50 feet; thence N 03' 56.0011 E 33.00 feet; thence N 41' 04 1 0011 W 221.00 feet; thence S 48'56.00" W 203.43 fast; thence N 41'0410016 W 362.99 feet to a point on the above mentioned curve with a radius-of 352.20 feet; thence along said curve in a northeasterly direction from a tangent which bears N 31 36140" E through a central angle of 71'24.0881 for an arc length of 438.91 to the Point of Beginning. 040 101283 -T AP 005•- 060 -24 (a portion) 005- 060 -27 fa portion) 005 - 060 -28 (a portion) 310 All that real property situate in the City of Petaluma, County of Sonoma, State of California, described as follows$ SLOT FXRST PARCEL as shown and designated upon that certain map antitied VO4 --lama Marina parcel Map No. 247, filed in the office of the County Recorder on February 27, 1990, in Book 454 of Maps, pages 9 and 10,,Soncma County Records. SECOND PARCEL A ON-- CLUB VE common driveway easement over that portion of Lot 6, designated as 50 Foot Non- Exclusive Common Driveway Easement Over Marina Project, as shown upon that certain map entitled Petaluma Marina Parcel Map No. 247, flied in the office of the County Recorder on February 27, 1990, in Hook 454 of Maps, pages 9 and 10, Sonoma County Records. THIRD PARCEL A NON - EXCLUSIVE common driveway easement over those portions 4f Lots 5 and 6, designated as 30 Foot Non- ExclusiVe Common Driveway Easement Over Commercial Project and over Marina Project, as shown upon that certain map entitled Petaluma Marina Parcel Map No. 247, filed in the office of the County Recorder on February 27, 1990, in Hook 454 of Maps, pages 9 and 10, Sonoma County Records. FOORTR PARCEL EAST44ZNW for street or highway purposes, more particularly described as follows$ A STRIP OF LAND, 80 Peet wide, situated in the City of Petaluma, County of Sonoma, state of California lying equally 40 feet on each side of the following described lines COMMENCING at the southeasterly corner of that certain parcel of land described in Deed dated May 16, 1984, from Public Storage Properties X, Ltd. to City of Petaluma, recorded July 3 1984, under Document No. 84- 045209, Sonoma County Records, said corner being in the northerly line of land, 60 feet wide, of Northwestern Pacific Railroad Companyt thence North 770 01' 51" Nest, along said northerly line, being parallel with and distant. 30 feet northerly, measured at right angles from the original located Centerline of Northwestern Pacific Railroad Company's main track (formerly Donahue Branch, retired), 26.33 feet to the true point of beginning of the line herein to be described= thence South 50 188 23" East, 63.19 feet to the southerly line of said Company's land. The side lines of the herein above described 80 foot wide strip Of land terminate in said northerly and southerly lines. FILTH PARCEL AN T for street or highway purposes, more particularly described as follows$ BEING a portion of the lands of Northwestern Pacific Railroad Company, as described by Deed recorded in Book 345 of Deeds, page 266, Sonoma County Records, and being more particularly described as follows$ BEGXNNING at Point "C" as shown on that Record of Survey, filed In Book 185 of Maps, page 15 in the Office of the Sonoma County Recorder: thence along the southeasterly line of the said lands of Northwestern Pacific Railroad Company, along a curve to the left from a tangent which bears North 760 59. 12" West through a central angle of 30 02' 36", having a radius of 352.2 feet and length of 18.71 feet: thence leaving said southeasterly line, North 5° 10' 14" West, 0.52 feet= thence South 760 59' 12" East, 18.86 feet to the point of beginning. EXHIBIT .. Z.' 041 101284 -T 310 AP 005 - 060 -24 (a portion 005 - 060 -27 (a portion OOS- 060 -28 (a portion) All that real pzoperty situate in the City of Petaluma, County of Sonoma, State of California, described as follows& FIRST pARCFL r T , as mown and designated upon that certain map entitled Petaluma Marina Parcel Nap No. 247, Piled in the office of the County Recorder on February 27, 1990, in book 4S4 of Mapa, pages 9 and 10, Sonoma County Records. MD PARCEL - SxcLUSSvr. common driveway easement over that portion of Lot 6, designated as SO Foot Non - Exclusive Common Driveway Easement Over Marina Project, as shown upon that certain map entitled Petaluma Marina Parcel Map No. 247, filed in the office of the County -Recorder on February 27, 1990, in Book 454'of Maps, pages 9 and 10, Sonoma County Records, T RCSL `aN P EILVZ common driveway easement over those portions of Lots 5 and 6, designated as 30 Foot Non - Exclusive Common Driveway Easement Omer Commercial Project and over Marina Prpjecto as shown upon that certain map entitled Petaluma Marina Parcel Map No. 247, filed in the office of the County Recorder on February 27, 1990, in Book 454 of Maps, pages 9 and 10, Sonoma County Records. ' FQLiRTft PhRCML AN EASEMENT for street or highway purposes, more particularly described as follows$ A STRIP OF LAND, 8o feet wide, situated in the City of Petaluma. County of Sonoma, state of California lying equally 40 feet on each side of the following described Lines COMMENCING at the southeasterly corner of that certain parcel of land described in Dead dated May 16, 1984, from Public Storage PCOPerties X, 'Ltd. to City of Petaluma, recorded July 3 1964, under Document No. 84- 045209, Sonoma County Records, said corner being in the northerly line of land, 60 foot wide, of Northwestern Pacific Railroad Company= thence North 770 011 51" West, along said northerly line, being parallel with and distant 30 feet northerly, measured at right angles from the original located centovline of Northwestern Pacific Railroad Compat ny•s main track (formerly Donahue Branch, retired), 26,33 fea to the true point of beginning of the line herein to be deacribed$ thence south S• 18. 25 Past, 63.19 feet to the southerly Line of said Company's land. The side lines of the herein above described 80 foot wide strip of land terminate in said northerly and southerly lines. FIFTH PARCEL AN EASEMENT for street or highway purposes, more particularly described as follows BEING a portion of the lands of Northwestern Pacific Railroad Company, as described by Deed recorded in Book 348 of Deeds, page 266, Sonoma County Records, and being more particularly described as follows BEGINNING at Point "C" as shown on that Record of Survey, filed In Book 185 of Maps, pa a IS in the Office of the Sonoma County Recorders thence along the southeasterly line of the said &ands of Northwostern Pacific Railroad Company, &longg a cusve to rho left from a tangent which bears North 760 S91 12" West through a central angle of 3. 02. 36 ", having a radius of 352.2 goat and lenvth of 18.71 feett thence leaving said ■outheasterLy line, North S" 1O. 14" West, 0.52 feats thence South 76. 89. 12" Most, 18.86 feet to the point of beginning. 042 101285 -T AP 005 - 060 -24 to portion) 005.060 -27 (a portion) 009 - 060 -28 (a portion) 310 All that real property situate in the City of Petaluma. County of Sonomu, State of California, described as follows: FIRST PARCEL T , as mown and designated u n that certain map entitled Petaluma Marina Parcel Map No. 247, filed in the office of the County Recorder on February 27, 1990, in Book 454 of Maps, pages 9 and 10, Sonoma County Records. 88COND EL 17 &SK' PARCEVE common driveway easement over that portion of Lot 6, designated as 50 Fact Non - Exclusive Common Driveway Basement Over Commercial Project, as shown upon that certain map entitled Petaluma Marina Parcel Map No. 247, filed in the office Of the County Recorder on February 27, 1990, in Book 454 of Maps, pages 9 and 10# Sonoma County Records. T((iRD PARCEL A NO -$ DIVE common driveway easement over those portions of Lots 5 and 6, designated as 30 Foot Non - Exclusive Common Driveway Easement over Ccmmareiai Project and over marina Project, as enown upon that certain map entitled Petaluma Marina Parcel Map No. 247 filed in the office of the County Recorder on February 27, 1995, in Book 454 of Napa, pages 9 and io, Sonoma County Records. 4 R PARCEL BA ENT�OC street or highway purposes, more particularly described as follows. A STRIP OF LAND, 80 feet wide, situated in the City of Petaluma, County of Sonoma, State of California lying equally 40 feet on each side of the following described line. COMMENCING at the southeasterly corner of that certain parcel of land described in Deed dated May 16. 1984, from Public storage Properties K, Ltd. to City of Petaluma, recorded July 3, INTO, under Document No. 84- 045209, Sonoma County Records, said corner being in the northerly line of land, 60 feet wide, of Northwestern Pacific Railroad Company: thence North 770 01' 51" West, along said northerly line, being parallel with and distant 30 feet northerly, measured at right angles from the original located centariLne of Northwestern Pacific Railroad Company's main track (formerly Donahue Branch, retired), 26.h3 feet to the true point of beginning of the line herein to be deseribeds thence South 56 18' 25" East, 63.19 feet to the southerly line of Bald Company's lend. The side lines of the herein above described 8o foot wide strip of land terminate in Bald northerly and southerly lines. FxFTN PARCEL RAOSMF.NT for street or highway purposes, more particularly described as follows: BEING a portion of the lands of Northwestern Pacific Railroad Company, as deaoribad by Deed recorded in Book 345 of Deeds, age 266, Sonoma County Records, and being more particularly described as follows. BEGINNING at Point *CO as shown on that Record of Survey, filed in Book 185 of Maps, page 15 in the Office of the Sonoma County. Recorders thence along the southeasterly line of the said land■ of Northwestern Pacific Railroad Company, alongg a curve to the left from a tangent which bears North 76° 59' 12° West through a central angle of 3. 02. 36", having a radius of 342.2 feet and length of 18.71 facts thence leaving said southeasterly line, North 5" 304 141 West, 0.82 fents thence South 76° 59' 12" East, 18.86 feet to the point of beginning. EXHIBIT "4" 043 94626 -PAT AP 005 - 060 -24 (a portion 005 - 060 -27 (a portion 005 - 060 -28 (a portion 907 All that raal property situate in the City of Petaluma, County of Sonoma, State of California, described as follows& MS as s ST PARCEL own and designated upon that certain map entitled Petaluma Marina Parcel Map No. 247, filed in the office of the County Recorder on February 27, 1990,, in Hook 4S4 of Maps, pages 9 and lo, Sonoma County Records. SECOND PARCEL. vS common driveway easement over that portion of ` Lots 5 and 6, designated as 30 Pont lion- Sxelusive Common Driveway Easement Over Commercial Projaet, as shown upon that certain map entitled Petaluma Marina Paroal Map we. 247, tiled in the office of the County Recorder on February 27, 1990, in Hook 454 of Maps, pages 9 and 10, Sonoma County Records. TiiI P_,ARC�EL — AXNEM for street Or highway purposes, more particularly described as follows: A STRIP OF LAND, 80 Peet wide, situated in the City of Petaluma, County of Sonoma, State of California, lying equally 40 feet on each side of the following described lines COMMENCING at the southeasterly corner of that certain parcel of Land desaribed in Dead dated may 16,•1904, trout Public Store Properties X, Ltd. to City o! Petaluma, recorded July 3 1984, under Document No. 84- 045209, Sonoma County Records, said corner being in the northerly line of land, 60 feet wide, of Northwestern Pacific Railroad Comppany$ thence North 77. Ol' 51" Nest, along said northerly line• being paaallsi with and distant 30 feet northerly, measured at right angles from the original Located centerline of northwestern Pacific Railroad Company's main track (formerly Donahue Branch, retired), 26.33 loot to the true point o." be inning of the line herein to be deaeribodr thence South S• 18. 25 fast, 63.19 feet to the southerly line of said Company's land. The side lines of the herein above described so loot wide strip of Land terminate in said northerly and southerly lines. �OUi1TEi PA�ICEL Arf- BA&tEttEptTa'or street or highway purposes, more particularly desaribed as follows& BEING a portion of the lands of Northwestern Pacific Railroad Company, as described by Dead recorded in Book 34S of Deeds, page 266, Sonoma County Records, and being more particularly describad as follows$ 930INNX"a at Point "C" as shown on that Record of survey, Piled in Book 105 of Maps, paga 1S in the Office of the Sonoma County a cardarr then** alongg thm southeasterly line of the said lands o! Northwestern Pncitic Railroad Company, ai*ngg a curve t* the left from a tangent which bears North 76. 59. 12" Nest through a central angle o! 3. 02' 360, having a radius of 392.2 toot and length of 38.71 faet� thence leaving said southeasterly line, North 5. 10. 14" Nest, 0.92 feet$ thence South 76. 59. 12" Bast, 18.86 feet to the point of beginning. 044 101286 -T AP 005 - 060 -24 /a portion 008- 060 -27 4. portions 005 - 060 -28 (a portion) 310 All that real property situate in the City of Petaluma, County of, Sonoma, State of California, described as followss IRST�PARCRL 5; as shown and designated upon that certain map entitled Petaluma Marina Parcel Map No. 247, filed in the office of the County Recorder on February 27, 1990, in took 454 of !laps, pages 9 and 100 Sonoma County Records. RESERVING THERCFRON, together with the right to convey same to others, a non - exclusive common driveway casement over that portion of Lot S, designated as 30 Foot Non - Exclusive Common sriveway tenement Over Commercial Project, as shown upon that certain map entitled Petaluma Marine Parcel Map No. 247, filed in the office of the County Recorder on February 27, 1980, in took 454 of Maps, pages 9 and 10, Sonoma County Records. SECOND PARCI&L A NON- ANal =VS common driveway easement Over that portion of Lot 6, designated as 50 Foot Non- Bxaluaiva Common Driveway Easement Over Marina Project, as shown upon that certain map entitled Petaluma Marina Parcel Map No. 247, filed in the office of the County Recorder on February 27, 1990, in Book 454 of Maps, pages 9 and 10, Sonoma County Records. THIRD tLARCBTO R 15o1i= 8x�L�Ff&IVE common driveway easement over th4t portion o! Lot 6, designated as 30 Foot Non - Exclusive Common Driveway Easement Over Commercial Project and oval. Marina Project, as drown upon that certain map entitled Petaluma Marina Parcel Map. No. 247, tiled in the office of the County Recorder on 27, 1990, in Hook 4S4 of Maps, pages 9 and 10, Sonoma County Records. URTR PARCEL s►s�M T For street or highway purposes, more particularly described as followss A STRIP OF LAND, 80 feet wide, situated in the City of Petaluma, County of Sonoma, State of California, lying equally 40 fact on each aide of the following described lines COMMENCING at the southeasterly corner of that certain parcel of land described in Dead dated May 16, 1984, from Pubiia Storage Properties K, Ltd. to City of Petaluma, recorded July 3 1964, under Document No. 84- 045209, Sonoma County Records, said corner being in the northerly line of land, 60 feet wide, of Northwestern Pacific Railroad Companys thence North 77. 01' 51" west, along said northerly line, being parallel with and distant 30 feet northerly, measured at right angles from the original located cents line of Northwestern Pacific Railroad Company's main track (formorly Donahue Branch, retired), 26.33 feet to the true point of beginning of the line herein to be deaoribedl thence South 5. 18' 25" East, 63.19 Peet to the southerly line of said Company's land. The side lines of the herein above describad 80 loot wide atrip oF land terminate in said northerly and southerly lines. 21''Tti PARCEL SSA LN3BNT for street or highway purposes, more particularly described as go *we BEING a portion of the lands of Northwestern Pacific Pailroad Company, as described by Deed recorded in Book 34S of Deeds, page 266, Sonoma County Recorder and being more particularly described ae followss BSGINNSNG at Point "C" as shown on that Record of Survey, filed In Book 185 of Maps, Pa a 15 in the office of the Sonoma County Recorders thence along the southeasterly line of the said lands- of Northwestern Pacific Railroad Company, along a cVrve to the left from a tangent which bears North 760 594 22" Nest through a central angle of 3. 02' 36 ", having a radius of 352.2 Comb and length of 18.71 !eats thence lmav&ng said southeasterly line, North 5. 10' 140 West, 0.52 feints thence South 76. 59' 12- East, 10.86 feet to the point of beginning. EXHIBIT e`Z 045 101287 -T AP 005- 060 -24 (a portion) 005- 060 -27 a portion 005 - 060 -28 (a portion$ 710 All that real property situate in the City of Petaluma, County of Sonoma, atnCe of California, described as follows: IRB1 PARC 6 6, ae s own and designated upon that certain map entitled • Petaluma Marina Parcel Map No. 247, filed in the office of the County Recorder on February 27, 1990, in Book 454 of Maps, pages 9 and 108 Sonoma County Records. RESERVING T::SREFROM, together with the right to convey same to others, a non- excluaive common driveway easement over that portion of Lot 6, designated as 50 Foot Non - Exclusive Common Driveway Easement Over Marina Project, as shown upon that certain map entitled Petaluma Marina Parcel Map No. 2470 filed in the office of the County Recorder on February 27, 1990, in Book 454 of Maps, pages 9 and 10, Sonoma County Records, ALSO RESERVING THEREFROM, together with the right to coney same to ethers, a non - exclusive common driveway easement over that Portion of Lot 6, designated as 30 Foot Non- ExClusive Common Driveway Easement. Over Commercial Project, as shown•upon that certain map entitled Petaluma Marina Parcel Map No..247, filed in the office of the County Recorder on February 27, 1990, in Book 454 at Maps, pages 9 and 10, Sonoma County Records. SECOND PARCEL ' s B common driveway easement over that portion of Lot 6, designated as SO Foot Non- Excluaive Common Driveway Basement Over Marina Project, ae shown upon that certain map entitled Petaluma Marina Parcel Map No. 247, filed in the office of the County Recorder on February 27, 1990, in Book 4S4 of Maps, pages 9 and 10, Sonoma County Records. Tl1IRD PARCEL O IVE common driveway easement over those portions of Lots S and 6, designated as 30 Foot Nan - Exclusive Common Driveway Easement Over Commercial Project and over Marina Project, as shown upon that certain asap entitled Petaluma Marina parcel Map No. 247. filed in the office of the County Recorder on February 27, 1990, in Book 4S4 of Maps, pages 9 and 10, Sonoma County Records. FOURTH SCEL A or street or highway purposes, more particularly described as follows: A STRIP OF LAND, 80 feet wide, situated In the City of Petaluma, County of Sonoma, State of California, lying equally 40 feet on each elide of the following described lines COMMENCING at the southeasterly corner of that certain parcel of land described in bead dated May 16, 1904,, from public storage ?ropertl.es X, Ltd. to City at Petaluma, recorded July 3 1984, andor Document No. 64- 045209, 6enoma County Records, saLa corner being in the northerly line of land, 60 feet wide, of Northwestern Pacific Railroad Company$ thence North 77. 01• S1" West. along said northerly line, being parallel with and distant 30 feet northerly, measured at right angles from the original Located centerline of Northwestern Pacific Railroad Company's main track (formerly Donahue branch, rotiredl, 26.33 feet to the true point of beginning of the line herein to be described$ thence South 5. 18' 25" East, 63.19 feet to the southerly line of said Company's land. The side lines of the herein above described 60 foot wide strip of land terminate in said northerly and southerly linos. FIFTH PARCEL AN'pEMENT far street or highway purposes, more particularly described as follows: BEING a portion of the lands of Northwestern Pacific Railroad Company, as described by Deed recorded in Book 345 of f Deeds, page 266, Sonoma County Records, and being more particularly described • as ollawas BEGINNING at point "C" as shown on that Record of Survey, filed in Hook 16S of Maps, page 15 in the Office of the Sonoma County Recorder$ thence along the southeasterly line of the said lands of Northwestern Pacific Railroad Company, alongg a curve to the left from a tangent which bears North 760 59' 12" West through a Central angle of 3. 02. 36 ", having a radius of 352.2 feet and length of 18.71 tests thence leaving said southeasterly line, North 60 l0. 14" West, 0.52 feet: thence South 76. 89' 12" Bast, 18.06 feet to the point of beginning. EXHIBIT % %z*v 046 BEING A PORTION OF THE LANDS OF BAYWOOD PARTNERS, INC., A CALIFORNIA CORPORATION, AS SAID LANDS ARE DESCRIBED BY DEED RECORDED UNDER DOCCUNlENT NUMBER 90011209, OFFICIAL RECORDS OF SONONA COUNTY, SAID PORTION 13BING DESCRIBED AS FOLLOWSt THAT 60.00 FOOT WIDE STRIP OF SAID LANDS LYING WESTERLY OF THE NORTHERLY PROLONGATION OF THE EASTERLY LINE OF LOT 5, AS SAID LOT IS SHOWN ON THAT CERTAIN MAP ENTITLED "PETALUMA MARINA, PARCEL MAP NO. 24711 RECORDED IN BOOK 454 OF NAPS AT PAGE 9, SONONA COUNTY RECORDS, AND LYING EASTERLY OF A LINE THAT IS PARALLEL WXTH AND 15.00 FEET EASTERLY OF, ME"UTRED AT A RIGHT ANGLE, THE CENTER LINE OF THE CITY OF P13TAXA MA STREET EASEMENT RECORDED UNDER DOCUMENT NUMBER 88022147, OFFICIAL RECORDS OF SONOMA COUNTY. PREPARED BY: BRELIE & RACE CONSUXJTXNG C3 DATE: 9 -12 -90 JOB: 3092.7 EXH1131T `43„ 047 I ,AYOOD Dr —j NV ts 2t Zia. EXHIBIT o L%j C) [ED < IL LIJ L.0 ne Z4 col O-** I EXHIBIT VP THE NORTHEASTERLY 25.88 FE13T OF T40T. 2, AS SAID LOT IS SHOWN ON THAT CERTAIN MAP ENTITLED "PETALUMA MARINA, PARCEL MAP NO. 2471*, RECORDED IN BOOR 454 OF MAPS AT PAGES 9 AND 10, SONOMA COUNTY RECORDS. PREPARED BY: BREL7E & RACE CONSULTING AR ` N1* VEERS DATE: 8 -9 -90 y�� JOB: 1092.2 �� APN: 005 - 060 -54 c A- E 9 049 1� EXHIBIT y- 050 ca ti o a c w co a N C to 4 i sp -mirn a C pi Qx P 9 P- O * "f .p. 1� EXHIBIT y- 050 EXHIBIT 'MY "' tt" THE'NORTHEASTERLY 15.88 FEET OF LOT 30, AS SAID LOT YS SHOWN ON THAT CERTAIN MAP ENTITLED "PETALUMA MARINA, PARCEL MAP NO. 247n, RECORDED IN BOOK 454 OF MAPS AT PAG13S 9 AND 10, SONOMA COUNTY RECORDS. PREPARED BY: SRELTS & RACE CONSULTING CXV DATE: 8 -9 -90 ,708: 1092.2 APN: 005 - 060 -55 EXHIBIT 051 t0 to O icO�j�J N 1 rn m ems-. m 0 K a4a2 8z N a A S O ip �O O m c t� 4 W z a u ExHSeer I 33XHXSXW ISP „ 4 THOSL* PORTIONS OF LOT 4, AS SAID LOT IS SHOWN ON THAT CERTAIN MAP ENTITLED "PETALUMA MARINA, PARCEL MAP NO. 24711, RECORDED IN BOOK 454 OF MAPS AT PAGES 9 AND 10, SONOMA COUNTY RECORDS, DESCRIBED AS FOLLOWS: PARCEL ONE A STRIP OF LAND 17.00 FEET WIDE THE EASTERLY LINE OF WHICH IS DESCRXBED AS FOLLOWS: BEGINNING AT THE SOUTHEASTERLY CORNER OF SAID LOT 4: THENCE, ALONG THE EASTERLY LINE OF SAID LOT, -NORTH 3 °56456" EAST 103.91 FEET; THENCE, CONTINUING ALONG SAID LINE, NORTH 10.09903" EAST 63.,45 FEET TO POINT "A", TIM TERMINUS OF THE HERBIN DESCRIBED LINE. PAR=x@ TWO A STRIP OF LAND 15.73 FEET WIDE THE NORTHEASTERLY LINE OF WHICH IS DESCRIBED AS FOLLOWS: BEGINNING AT POINT "A" AS DESCRIBED IN THE ABOVE PARCEL ONES= THENCE, ALONG: THE NORTHEASTERLY LINE OF SAID LOT 4, NORTH 41.04600" WEST 163.26 FEET TO THE TERMINUS OF THE MUMXN DESCRIBED LINE. PREPARED BY: BRELSE & RACE CONSULTI DATE: 8 -9 -90 JOB: 1092.2 APN: 005- 060 -56 EXHIBIT I , _o Ri �Z N ti 04 f4nfir It 054 Q o p� O W � �c ter.. ° rn^ G) C m rn O ' 04 f4nfir It 054 7- _. 1.3 EXHIBIT I[ OZdW No. 8004&IC lH LUV NO-05 0036 03 039482 The land referred to in this report is situated in the state of California, County of Sonoma, City of Petaluma and is described as follows: Being a portion of land described in deed dated October 2, 1916, from the McNear Company to Northwestern Pacific Railroad Company, recorded October 24, 1916, in Back 345 of Dead &, at page 266, Sonoma County Records, more particularly described as follows: Commencing at the Southerly terminus: of that certain curve with an arc length of 784.98 feet and radius of 352.20 feet as described in deed dated May 28, 1962, from Northwestern Pacific Railroad to Sonoma County Flood Control and water Conservation District and recorded September, 1962, in Book 1913 of Official Records, Page 916, Sonoma County Records; thence Northerly along said curve to thu right having a radius of 352.20 feet, a central angle of 46 degrees 331 '12" an are distance of 286.17 feet to the actual point of beginning; thence continuing along said curve to the right with a radius of 352.20 feet, a central aniglg of 81 degrees 08* - 46" and a arc distance of 498.81 feet to a point in a line parallel with and distance 30.00 feet Southerly, measured at right angles, from the center line of Northwestern Pacific Railroad Companyfs existing spur track (formerly Donahue Branch); thence North 76 degrees 59, 12" West along said parallel line 578.32 feet; to a point in the easterly line of land described in said deed dated May 28, 1962; thence South 24 degrees 41* 1214 east along said easterly line of 376.52 feet to the point of beginning. A.P.NO. 005- 060 -06 atcM= 719MUM74H mineral rights, etc., as Deserved in that certain Deed from NorthW*Stern PACific Railroad Company, a California corporation, to N. Gail Allen and Sur-ftn Allen, husband and wife, as Joint %%mmt,s, dated January 27, 1989 and recorded February 1, 1989 under Recorder's Serial No. 89009167, Sonora Oouaty Records. EXHIBIT it fs 055 EXHIBIT File No'. 41313JC �IFTTAN PAGE The land referred to in this report is sit=ted in the State oil California, CoMAW of Bata, City Of Peta3. mlS and is described as follows: Bering a portion of the lands described in the deed from the County of Sonoma recotded in Book 2368 of Official Reoozds, at Page 532, Soncva County Reoords and all of Parcel 1 and a portion of Parcel 2 as shown on Parcel Map 10, filed in the office of the County Recordev of sonoma► County on January 21, 1969 in Hook 109 of Maps at Page 18, sonaroa County Re=rds and VOCC partiai].ariy described as follows: Beginning at a concrete monument on the south efts of Lakeville Highway and marking the northwest corner of the lands described in the dead (2368 O.R. 532) arsd► running theme along the south edge of Lakeville Highway North 84 degrees 41# 3S" East 598.02 feet to an angle point in the mouth edge of Lakeville Highway; thence continuing along said south edge of Lakeville Highway North 78 degrees 58' 20" Fast 207.99 feett thence leaving said south edge of_Lakeville Highway South 12 degrees 58' 0610 West 316.36 feet to the southerly line of said Parcel Map 10 (109 M 18) i thence along said southerly line of said Parcel Map (109 M 18) and along the southerly line of the lands described in deed (2368 O.R. 532) North 77 degrees 01' 511' West 758.08 feet to the westerly line of the lands described in deed (2368 O.R. 532); thence along said westerly line North 13 degre" 141 25++ Fast 44.24 feet to the point of beginniM. Excz r= FROM that portion of the above described Parcel lying Easterly of the Westerly line of the land described in the deed to the City of Petaluma zecoacdad July 3, 1984 in AOMUMt No. 84045205, Son=a COMW Rec=ds. A.P. No. 005- 060-44 Any use of this legal description may create a violation of the subdivision Map Act by reasa�n of contiguous ownership of vestee herein. Any usage for purposes of conveyance or of the described property shall be deemed to be without the consent of this ►y EXHIBIT 056 EXHIBIT 617" • fry so C_0RJWTCJ�:L4ARK Z it _ This CONTRIBUTION AGREEMENT ( "Agreement ") is made and entered into this day of , 1990, by and between THE CITY OF PETALUMA, a public body corporate and politic (hereinafter referred to as the "City) and the PETALUMA MARINA OWNERS ASSOCIATION, a California non - profit corporation (hereinafter referred to as the "Association "). a a 9 1 T a L a This Agreement is made with reference to the following facts: A. The City is fee title owner of that certain real property situated on approximately five and seventy -six one hundredths (5.76) acres located in the City of Petaluma, county of Sonoma, State of California, designated Lot 5, as shown on Parcel Map No. 247 filed February 27, 1990 in Book 454 of Maps, Pages 9 and 10, Sonoma County Records, more particularly described in Exhibit "A" attached hereto and incorporated herein (the "Subject Property "). S. On or about August 16, 2984, the City and the Association's predecessor -in- interest, Marina office Park Associates, a California limited partnership ( "MOPA "), entered into that certain Agreement Concerning Development (herein so called) for the development of a marina on certain real property adjacent to Subject Property by the Cit and the development by MOPA of a commercial project on the Subject Property and Lots 1, 2, 3, 4 and 6 as shown on Parcel Map No. 247 filed February 27, 1990 in Book 454 of Maps, Pages 9 and 10, Sonoma County Records (the "Remaining Project "). C. Pursuant to the terms of the Agreement Concerning Development, the City and MOPA entered into that certain Ground Lease (herein so called) dated October 3, 1985 concerning the Subject Property and Remaining Project and recorded on that date in the Official Records of Sonoma County as Document No. 65065899. D. Pursuant to the Ground Lease, the City and MOPA have entered into that certain Subdivided Ground Lease (the "Lease ") covering the subject Property dated , 1990 and recorded , 1990 in tM1e Official Records n of the County of Sonoma as Dooumet No. " and that certain Declaration of Easements, Covenants" and Restrictions and Reciprocal Easements for the Petaluma Marina Project, covering the Subject Property and the Remaining Property dated as of 1990 and recorded , 1990 as Document No. in the Officia Records of Sonoma County (the 11CC &R811). E. The Association has succeeded to MOPA's interest in the Lease. F. The parties hereto hereby acknowledge and agree that the fair market value of the subject Property as burdened by the CC &Rs and the permitted uses under presently existing land use restrictions and the terms of this Agreement is minimal. G. The City is a member of the Association. The City, through the CC &Rs and the bylaws of the Association, has maintained significant control over the operation of the Association and, after the Association's acquisition of the -1-. COOR26027 3lot20.aps 057 Subject Property, shall retain significant control over the management and use of the Subject Property. H. In order to facilitate the development of the Subject Property in the manner originally contemplated by the Agreement Concerning Development, Ground Lease and the Lease, the Association wishes to acquire the subject Property from the City and the City wishes to contribute the Subject Property to the Association on the terms and conditions hereinafter set forth. AfiRRAMANX ACCORDINGLY, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: The City hereby agrees to convey and the Association hereby agrees to accept the Subject Property on the terms and conditions set forth below. 2.1 Title Report. The Association has received a preliminary title report (the "Title Report ") issued by Northwestern Title security Company, 439 College Avenue, Santa Rosa, California, dated , 199_, as Order No. a copy of wh ch s attached hereto as �!tibit "B and incorporated herein. The Association hereby approves those certain restrictions shown as Exceptions Nos. and and shown on the Title Report. 2.2 Condition of Titles: Title to the subject Property shall be conveyed by the City to the Association at close of Escrow free and clear of all liens, encumbrances, restrictions and righte of way of record, subject only to the following ( "Permitted Conditions of Title "); 2.2.1 The lien for a pro rata amount of any cur- rent real.'property taxes, a lien but not yet due and payable; 2.2.2 Those certain restrictions of record shown on the Title Report and approved by the Association pursuant to the terms of Paragraph 2.1, above; 2.2.3 The CC &Rs; and 2.2.4 Any lien or encumbrance caused by the acts of the Association. 2.3 Policy of Tirle Insurance. Title to the Subject Property shall be insured by an owner's CLTA standard form policy of title insurance (the "'Title Policy ") issued by Escrow Holder or such other insurer as the Association may choose prior to Close of Escrow, in any amount policy insuring the Association's interest in the Subject Property free and clear of all liens and encumbrances other than the Permitted Conditions of Title. 3.1 gl�osingr Timing. The Closing of this transaction (the "Closing ", "Closing Date" or "Close of Escrow ") shall take place thirty (30) calendar days after the date of execution hereof by both the Commission and the Association. 3.2 Escrow Holder. The closing shall occur at the offices of Northwestern Title Security Company, 439 College Avenue, Santa Rosa, California 95401 (the "Escrow Holder "). Time -2- COOR2 602'7 3lot20.aps 058 is of the essence of this Agreement and, except as specifically provided for herein, the Closing shall not be adjourned or post- poned unless consented to in writing by the City and the Association. The Escrow Holder shall also cause all policies of title insurance described in Paragraph 2.3, above, to be issued to the Association at the Closing. 3.3 The Associati n's Conditions Precedent to Closing. As express conditions precedent to the Association's obligations hereunder, the following conditions precedent must be satisfied or waived by the Association on or prior to the Closing Date: 3.3.1 The Association must have approved the condition of title to the Subject Property in the manner described in Paragraph 2.1, above. 3.3.2 The Escrow Holder must be irrevocably committed to issue to the Association the Title Policy. 3.3.3 No change in the physical condition or per- mitted use of the Subject Property, including, without limita- tion, any change in zoning or Land -use restrictions, shall have occurred or been effected after the date of the Association's execution of this Agreement, or shall be pending or threatened at the Close of Escrow. 3.3.4 No litigation or condemnation proceeding concerning the Subject Property shall have occurred, or be pending or threatened, at the Close of Escrow. The conditions precedent described in this Paragraph 3.3 are for the sole benefit of the Association and may be waived only by a written instrument signed by the Association. 3.4 Effect of Fail yxr- of Condition. in the event any condition set faith in Paragraph 4.3, above, shall not be satis- fied or waived, then this Agreement shall terminate, all docu- ments deposited into escrow shall be returned to the party who made such deposit, the City shall bear all costs incurred by the City in entering this Agreement, and the Association shall bear all costs incurred by the Association in entering into this Agreement. 3.5 The City's Documents at Closing. The City shall deposit the following with the Escrow Holder prior to the Closing 'Date: 3.5.3. Qaed. The City =hall execute, acknowledge and deliver in recordable form a grant deed or deeds (the "Deed•') in the Corm attached as Exhibit "C" to this Agreement conveying to the Association all right, title and interest in and to the Subject Property. 3.5.2 other Documents. The City shall also deliver to the Association such escrow instructions and other documents required by the Escrow Holder to complete the transfer of the Subject Property to the Association in the manner described in this Agreement. 3.6 The Association's Documents at Closing[. The Association shall deliver to the city through escrow such escrow instructions and other documents required by the Escrow Holder to complete the transfer of the Subject Property in the manner described in this Agreement. -3- COOR26027 3lot2O.aps 059 4.1 _Costs Paid or incurred by the City. The City shall pay or otherwise incur (i) the tees and expenses of the City's counsel in connection with this transaction and (ii) all costs and fees to release any lien or encumbrance on the Subject Property disapproved by the Association in the manner described in Paragraph 2.1, above. 4.2 ,Costs Paid by the Association. The Association shall pay at the Closing (i) the premium for the Title Policy, (ii) the Escrow Holder's fees; (iii) the cost of all city and county transfer taxes (unless exempt); (iv) recording fees for the Deed (if any'); (v) fees and expenses of the Assoeiation0s counsel; and (vi) all other fees customarily paid for by a purchaser for the purchase of similar property in Sonoma County. 4.3 Prorations. 4.3.1 Rent. Rent, if any, due the City under the Lease shall be prorated as of the Closing Date. 4.3.2 No Other Prorations. Except as provided in Paragraph 4.3.1, real property taxes, insurance premiums, util- ities and other items of income and expense shall not be prorated as of the Closing Date. 5.1 LOM130. The City and the Association agree that the Lease shall remain in gull force and effect and shall remain enforceable in accordance with its terms from and after the date of execution of this Agreement until and unless the Association and /or its assignees and /or nominees may acquire fee title to the Subject Property in accordance with the terms of this Agreement. The Agreement Concerning Development and the Leases shall terminate only at the Closing Date hereunder. At the Closing Date and at any time or times thereafter, the City shall execute and deliver to the Association or to the Escrow Holder or any other title insurer who may issue a title insurance commitment or policy concerning the Subject Property or any part or parts thereof, a quitclaim deed or other instrument reasonably required to evidence the termination of the Agreement Concerning Development and the Lease with respect to the subject property. The terms of this Paragraph 5.1 shall survive the Closing Date. 5.2 CC &Rs. The City and the Association agree that the CC &Rs shall remain in full force and effect and shall remain enforceable in accordance with their terms at all times after the execution of this Agreement and shall survive the C3ose of Escrow. The parties hereto agree and represent that no real estate brokers, salespersons or finders are involved in this transaction who would be entitled to a real estate sales commis- sion or finders$ fee. Each party hereby agrees to indemnify, defend, protect and hold the other party free and harmless from any and all liability (including attorneys' fees) which may arise from payment of real estate commissions or other charges due or claimed by a broker, agent or finder claiming.under or through such indemnifying party. -4- COOR26027 31ot20.apS 1.1 Subject to the provisions of this Article 7, the Association is hereby granted the right to transfer and assign all or any part of this Agreement or all or any of the rights granted the Association hereunder in or to this Agreement and /or the Subject Property. 7.1 Consent Required. Any assignment of this Agree- ment shall be preceded by the written consent of the City, except as provided in Paragraph 7.2, below. Said prior written consent of the City shall not be unreasonably withheld or delayed, but the City may consider such factors as the reputation, financial worth and stability and operating ability of any proposed assignee. Along with any request for consent, the Association shall deliver to the City a true and accurate copy of the assignment instrument together with a statement from the Association of whether or not the proposed assignee or sublessee is affiliated with the Association. If the City tails to consent to or to disapprove any proposed assignment within twenty (20) business days after written notice from the Association, then the City shall be deemed unconditionally and irrevocably to have approved such assignment. 7.2 The Association Controlled Partnership and owners Association. Anything in this Article 7 notwithstanding, the Association may assign or transfer this Agreement without seeking or obtaining the City's approval to general or limited partnership of which Richard A. Coombs and Borue H. O'Brien are general partners. The Association must deliver to the City a copy of any assignment which assignment document must be executed in recordable form by the assignor and the assignee. The terms of this Paragraph 7.2 shall also apply to,the transfer of memberships in the Association or of general or limited partner interests in any successor partnership otherwise allowable under this Paragraph 7.2. .• . • 8.1 Notices. All notices or other communications made pursuant hereto shall be in writing and shall be deemed properly delivered, given or served when (i) personally delivered against receipted copy or (ii) mailed by certified or registered mail, postage prepaid, in either case (i) or (ii) to the parties at the following addresses: The City: City Hall 11 nnglish Street Petaluma, California 94952 Attention: City Manager The Associations Petaluma Marina owners Association c/o Petaluma Marina Business'center 799 Baywcod Petaluma, California 94952 Attention: Borue H. o,Brien All notices personally delivered shall be deemed given as of the date shown on the receipt copy and all notices mailed shall be deemed received on the date shown on the return receipt, or if no date is shown, within forty -eight (48) hours of deposit in the United states mail. Either party may change its address for the purposes of this Paragraph 8.1 by giving fifteen (15) days prior written notice of such change to the other party in the manner provided in this Paragraph 8.1. 8.2 sindin«. This Agreement shall be binding upon and inure to the benefit of any properly permitted successors in interest or assigns of the parties hereto. In the event the City should assign, convey or otherwise transfer all or any portion of 00012 2 6 0 2 7 31ot20.aps 1•' its interest in the Subject Property to the Petaluma Community Development Commission, the Agreement shall be binding upon and inure to the benefit of the Petaluma Community Development Commission. 8.3 Entire Agreement. This Agreement, the exhibits hereto, the Lease, the CC &Rs and the exhibits to each of said documents and any instruments incorporated therein by express reference contain the entire agreement of the parties hereto with respect to the matters covered hereby and together supersede all prior written or oral arrangements and understandings between the parties in regard to the Subject Property. 8.4 Amendments,. This Agreement may only be amended by a further written document signed by each of the parties hereto. 8.5 Further Documents. Each party will, whenever and as often as it shall be requested by the other party, execute, acknowledge and deliver, or cause to be executed, acknowledged or delivered, such further instruments and documents, including escrow instructions, as may be necessary in order to complete the sale, conveyance and transfer contemplated herein and shall further do any and all other acts and execute, acknowledge and deliver any and all documents as may be requested in order to carry out the intent and purpose of this Agreement. 8.6 Cau tergarts. This Agreement may be executed simultaneously or in counterparts. In the latter event, each counterpart shall be deemed an original, but both counterparts together shall constitute the same agreement. 8.7 Reverability. Should any part, term or provision of this Agreement or any document required herein to be executed or delivered at the Closing be declared invalid, void or unen- forceable, all remaining parts, terms and rovisions hereof shall remain In gull force and effect and shall in no way be inval- idated, impaired or affected thereby. 8.8 Survival. The provisions, representations and warranties hereof shall survive the Close of Escrow and the delivery of the consideration. 8.9 Exhibits. All the exhibits attached to this Agreement and all exhibits attached to the exhibits attached to this Agreement are incorporated herein as though set forth in full and shall be considered as a material part of the agreement of the parties hereto. 8.10 Attorneys' Zgq&. In the event either party hereto engaged the services of any attorney or brings suit to enforce or interpret this Agreement, or for damages on account of the breach of any party, the prevailing party shall be entitled to receive from the other reasonable attorneys• and experts' fees and costs incurred in addition to such costs as may be awarded by the court. 8.11 Definitions. For purposes of this Agreement, the following terms shall have the meaning hereafter set forth: (i) "Closing ", "Closing Date" or "Close of Escrow's shall mean the consummation of the purchase and sale transaction evidenced by the recording of the Deed to the Subject Property described above; (ii) "date of execution of this Agreement" or "date of -6- COOR26027 3lot20.aps 062 execution hereof'$ shall mean the date get forth in the preamble paragraph on the first page of this Agreement. IN WITNESS WHEREOF, the parties have executed this Agreement effective the day and year first above written. THE CITY: CITY OF PETALUMA, a Public Body Corporate and Politic By: Naive: Its: Attest: Approved: THE ASSOCIATION: PETALUMA MARINA OWNERS ASSOCIATION, a California corporation By: Name: Tts: By: Name: Its: By: Name: Itst -7- COOR2 6 02,7 3lot20.aps 063 Exhibit "A" Legal Description of Subject Property Exhibit 11821 Title Report for Lot B Exhibit "c" Deed -8- COOR26027 31ot2O.aps 064 rkXHIBIT 11811 RECORMUG REQUES'T'ED BX 2 WHEN RECORDED RETURN TO: Notice of Consent to Use Land are the owners of the real property commonly known as located in the City of Petaluma, County of Sonoma, State of California, more particularly described on Exhibit "A" attached hereto and incorporated herein. The right of the public or any person to make any use whatsoever of the above - described land (other than any use expressly allowed by a written or recorded map, agreement, deed or dedication) is by permission, and subject the control of the owner: section 813 Civil Code. [Attach legal description and notarial acknowledgments] COOR26027 Gcoor20.exh 065 e CC S1181 (7) STATE OF CALIFORNIA COUNTY OF SONOMA ACKNOWLEDGEMENT On this 12th day of September , in the year 19 "90 , before me, Paulette Lyon. Deputy City Clark. City of Petaluma, personally appeared Jobs Scbarer personally known to we to be the person who executed this instrument as City Manager of the City of Petaluma and acknowledged to me that the City of Petaluma executed tt . 0" 1 .446 4 Sea' a et a yon, e y City erk City of Petaluma, alifornia 1.• RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: Basin Street Properties . 1383 N. McDowell Blvd. Suite 150 Petaluma, CA 94954 Attn: Jennifer Tompkins Attachment 4 THE AREA ABOVE IS RESERVED FOR RECORDER'S USE SIXTH MODIFICATION OF DECLARATION OF EASEMENTS, COVENANTS AND RESTRICTIONS, AND RECIPROCAL EASEMENTS FOR PETALUMA MARINA PROJECT This Sixth Modification of Declaration of Easements, Covenants and Restrictions, and Reciprocal Easements for Petaluma Marina Project (the "Sixth Modification ") is made as of this day of , 2017, by and among the City of Petaluma, a public body corporate and politic (the "City "), Petaluma Marina Investors LLC, a Delaware limited liability company ( "Hotel Owner "), Petaluma Marina Office Investors LLC, a California limited liability company ( "Office Owner "), and Petaluma Marina Owners' Association, a California non - profit mutual benefit corporation (the "Association "). THE PARTIES ENTER INTO THIS SIXTH MODIFICATION based upon the following facts, understandings and intentions: A. The parties (or their predecessors in interest) have entered into that certain Declaration of Easements, Covenants and Restrictions, and Reciprocal Easements for Petaluma Marina Project dated September 14, 1990 and recorded September 14, 1990 in the Official Records of Sonoma County ( "Official Records ") as Document No. 1990- 0091972 (the "Original Declaration "), as amended by that certain Agreement Reforming Property Descriptions of Recorded Documents, dated January 16, 1991 and recorded January 29, 1991 in the Official Records as Document No. 1991 - 0007524, that certain Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project, dated November 11, 1992 and recorded on April 9, 1993 in the Official Records as Document No. 1993 - 0044988, that certain Second Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project dated May 1, 2000 and recorded on July 21, 2000 in the Official Records as Document No. 2000072696 (the "Second Amendment "), that certain Third Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project dated December 29, 2004 and recorded on , (the "Third Amendment "), that certain erroneously titled Third Modification of Declaration of Easements, Covenants Restrictions and Reciprocal Easements for Petaluma Marina Project dated December 14, 2007 and recorded on December 19, 2007 in the Official Records as Document No. 2007133051, (the "Fourth Amendment "), and that certain erroneously titled Fourth Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project Gy dated March 31, 2011 and recorded on July 15, 2011 in the Official Records as Document No. 2011059815 ( "Fifth Amendment ") (as so amended, the "Declaration "). The capitalized terms used in this Sixth Modification and not otherwise defined herein shall have the same meanings given to such terms in the Declaration. B. The Declaration covers certain real properties located in the City of Petaluma, County of Sonoma, State of California. Said real properties or interests therein are referred to and more particularly described in the Declaration as the "Marina ", the "Baywood Property" and the "Commercial Project ". Portions of the Commercial Project constitute portions of Parcel Map 247 filed in the Official Records on February 27, 1990 in Book 454 of Maps, pages 9 and 10. The Baywood Parcel is more particularly described as Lot 4 of Parcel Map No. 271 filed in the Official Records on October 28, 1992 in Book 501 of Maps, pages 11, 12 and 13. C. The parties now desire to amend the Declaration as provided herein. NOW, THEREFORE, IN CONSIDERATION of the mutual covenants and promises of the parties, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 1. Redesiunation of Parkins Areas. The parties acknowledge that the development of the Commercial Project is now complete, with the exception of (i) a 90 -unit apartment complex (the "Apartment Project ") to be constructed on the parcel depicted on Exhibit A (the "Apartment Parcel ") owned by Office Owner, and (ii) the possible future addition of up to ten (10) hotel rooms in the 184 -room hotel previously constructed on Lot 4 owned by Hotel Owner. The "Parking Area" as set forth in the Declaration now contains eight hundred and sixty -four (864) parking stalls. Notwithstanding anything to the contrary in the Declaration, usage of the Parking Area shall be allocated among the parties as follows: (a) Dedicated Marina Parking. Twenty (20) parking stalls on Lot 6, as shown on Exhibit B, shall be reserved exclusively for public parking of vehicles /boat trailers for patrons of the Petaluma Marina. (b) Dedicated Apartment Project Parldn . Ninety (90) carport parking stalls, as shown on Exhibit C, shall be reserved exclusively for residents of the Apartment Project. Such carport parking stalls may, at the election of the owner of the Apartment Parcel, be covered with solar panels to be installed by the owner of the Apartment Parcel at its sole cost and expense. (c) Shared Parldng. The remaining seven hundred fifty -four (754) parking stalls (the "Shared Parking Stalls ") shall be unreserved and shared by the parties to this Fifth Amendment, with each parcel allocated the following minimum number of Shared Parking Stalls: Parcel Parkin Stalls talls Lot 1: 113 Lot 2: 123 G Lot 3: 153 Lot 4: 196 Marina: 98 Apartment Parcel: 45 Unallocated: 26 Total: 754 2. Lot 6 Transfer; Lot Line Adjustment. The Association and the City agree that the City shall transfer fee title to Lot 6 to the Association promptly following the mutual execution and delivery of this Amendment, as contemplated in Section 6.6 of the Original Declaration. The Association and the City waive any prohibition in Section 6.1 of the Original Declaration regarding such transfer of Lot 6 prior to September 13, 2017. In consideration for such waiver, Office Owner agrees to pay the City the ground lease rent that would have been earned under that certain Subdivided Ground Lease between the City and the Association's predecessor -in- interest, Marina Office Park Associates, a California limited partnership, dated September 11, 1990 and recorded in the Official Records on September 12, 1990 as Instrument No. 1990 - 0090885 from the date that fee title to Lot 6 is transferred to the Association through September 13, 2017. Following the transfer of fee title to Lot 6 to the Association and upon the written request of Office Owner, the Association shall convey fee title to Office Owner, by means of a lot line adjustment, the land depicted with cross- hatching on Exhibit D consisting of approximately .88 acres. 3. Allocation of Costs. As consideration for the City's and Hotel Owner's consent to this Sixth Amendment, Section 6. 1.1 and Section 6.1.2 are hereby deleted and replaced with the following, which increase the share of Maintenance Costs to be borne by Office Owner: 6. 1.1 Lot 5. All Maintenance Costs for Lot 5 shall be borne as follows: Office Owner: 53.00% Hotel Owner: 35.54% City: 11.46% 100% 6.1.2 Lot 6. All Maintenance Costs for Lot 6 shall be borne as follows: Office Owner: 51.00% Hotel Owner: 12.96% City: 36.04% 100% If Office Owner conveys the Apartment Parcel to a third party, Office Owner shall have the right to allocate its share of Maintenance Costs as provided in Section 6. 1.1 and 6.2.2 between itself and such third party, and the parties shall promptly amend the Declaration to reflect such modified allocation. 1 4. Continuing Obligations. Except as expressly set forth to the contrary in this Sixth Modification, the Declaration remains unmodified and in full force and effect. To the extent of any conflict between the terns of this Sixth Modification and the terms of the Declaration, the terms of this Sixth Modification shall control. 5. Counterparts. This Sixth Modification may be executed in counterparts. [SIGNATURES TO FOLLOW ON NEXT PAGE] 70 IN WITNESS WHEREOF, the parties hereto have executed this Sixth Modification as of the day and year first above written. "OFFICE OWNER" PETALUMA MARINA OFFICE INVESTORS LLC, a California limited liability company By: G & W Ventures, LLC, a California limited liability company Managing Member LIZA Matthew T. White Managing Member "HOTEL OWNER" PETALUMA MARINA INVESTORS LLC, a Delaware limited liability company By: Lok Petaluma Marina Hotel Company, LLC, a California limited liability company, its Sole Member By: Lok Petaluma Marina Development Company, LLC, a California limited liability company, its Managing Member By: Luna Investments, LLC, a Delaware limited liability company, its Managing Member By: Name: Thomas Birdsall Its: Manager 71 WContinued from Previous Page/// "CITY" THE CITY OF PETALUMA, A public body corporate and politic By: Name: John C. Brown Title: City Manager ATTEST: By: Name: Claire Cooper Title: City Clerk APPROVED AS TO FORM: By: Name: Title: APPROVED: By: Name: Title: APPROVED: By: Name: Title: 72 ///Continued from Previous Page /// 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 PETALUMA MARINA OWNERS ASSOCIATION, a California non -profit mutual benefit corporation Paul Andronico President 73 STATE OF CALIFORNIA COUNTY OF SONOMA On , before me, , a Notary Public, personally appeared , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(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. WITNESS my hand and official seal. Signature (Seal) 74 EXHIBIT A Depiction of Apartment Parcel [to be attached] OR Jam Depiction of Dedicated Marina Parking [to be attached] viol M Depiction of Dedicated Apartment Project Parking � illl HIGHWAY 77 90 PROPOSED CARPORT SPACES d'al —Q 26 I -- - -------- PIT 4 77 90 PROPOSED CARPORT SPACES d'al —Q 26 I Fe. 77 EXHIBIT D Depiction of Land to be Transferred by Lot Line Adjustment u, HleHWAY ............. I ----------- - - -------- --- -- ----- V lv�tm � iq 78 O I r lv�tm � iq 78 Attachment 5 CONTRIBUTION AGREEMENT (Lot 6) THIS CONTRIBUTION AGREEMENT ( "Agreement ") is made and entered into this day of , 201_, by and between THE CITY OF PETALUMA, a public body corporate and politic (the "City ") and the PETALUMA MARINA OWNERS ASSOCIATION, a California non -profit corporation (the "Association "). RECITALS This Agreement is made with reference to the following facts: A. The City is fee title owner of that certain real property containing approximately 2.39 acres located in the City of Petaluma, County of Sonoma, State of California, designated Lot 6, as shown on Parcel Map No. 247 filed February 27, 1990 in Book 454 of Maps, Pages 9 and 10, Sonoma County Records, more particularly described in Exhibit A attached hereto and incorporated herein (the "Subject Property "). B. On or about July 16, 1984, the City and the Association's predecessor -in- interest, Marina Office Park Associates, a California limited partnership ( "MOPA "), entered into that certain Agreement Concerning Development (herein so called) for the development of a marina on certain real property adjacent to the Subject Property by the City and the development by MOPA of a commercial project on the Subject Property and Lots 1, 2, 3, 4 and 5 as shown on Parcel Map No. 247 filed February 27, 1990 in Book 454 of Maps, Pages 9 and 10, Sonoma County Records (the "Commercial Project "), together with the parcel legally described on Exhibit B (the "Apartment Parcel "). The Commercial Project and the Apartment Parcel are referred to collectively herein as the "Remaining Project ". C. Pursuant to terms of the Agreement Concerning Development, the City and MOPA entered into that certain Ground Lease (herein so called) dated October 3, 1985 concerning the Subject Property and the Remaining Project and recorded on that date in the Official Records of Sonoma County as Document No. 85065899. D. Pursuant to the Ground Lease, the City and MOPA have entered into that, certain Subdivided Ground Lease — Lot 6 (the "Lease ") covering the Subject Property dated September 11, 1990 and recorded on September 12, 1990 in the Official Records of Sonoma County as Document No. 1990 - 0090885, and that certain Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for the Petaluma Marina Project, covering the Subject Property and the Remaining Project dated as of dated September 14, 1990 and recorded September 14, 1990 in the Official Records of Sonoma County as Document No. 1990 - 0091972, as amended by that certain Agreement Reforming Property Descriptions of Recorded Documents, dated January 16, 1991 and recorded January 29, 1991 in the Official Records as Document No. 1991- 0007524, that certain Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project, dated November 11, 1992 and recorded on April 9, 1993 in the 79 Official Records as Document No. 1993 - 0044988, that certain Second Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project dated May 1, 2000 and recorded on July 21, 2000 in the Official Records as Document No. 2000072696, that certain Third Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project dated December 29, 2004, (the "Third Amendment "), that certain erroneously titled Third Modification of Declaration of Easements, Covenants Restrictions and Reciprocal Easements for Petaluma Marina Project dated December 14, 2007 and recorded on December 19, 2007 in the Official Records as Document No. 2007133051, (the "Fourth Amendment "), that certain erroneously titled Fourth Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project dated March 31, 2011 and recorded on July 15, 2011 in the Official Records as Document No. 2011059815, (the "Fifth Amendment "), and that certain Sixth Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project (the "Sixth Amendment ") dated and recorded on in the Official Records as Document No. (as so amended, the "CC &R's "). E. The Association has succeeded to MOPA's interest in the Lease. F. The parties hereto acknowledge and agree that the fair market value of the Subject Property as burdened by the CC &R's and the permitted uses under presently existing land use restrictions and the terms of this Agreement is minimal. G. The City is a member of the Association. The City, through the CC &R's and the bylaws of the Association, has maintained significant control over the operation of the Association and, after the Association's acquisition of the Subject Property, shall retain significant control over the management and use of the Subject Property. H. In order to facilitate the development of the Subject Property in the manner originally contemplated by the Agreement Concerning Development, Ground Lease and the Lease, and to facilitate the development of the Apartment Parcel in accordance with previously issued City approvals, the Association wishes to acquire the Subject Property from the City and the City wishes to contribute the Subject Property to the Association on the terms and conditions hereinafter set forth. AGREEMENT ACCORDINGLY, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: ARTICLE 1 - AGREEMENT TO CONTRIBUTE TITLE The City hereby agrees to convey and the Association hereby agrees to accept the Subject Property on the terms and conditions set forth below. M ARTICLE 2 — TITLE 2.1 Title Report. The Association has received a First Amendment Preliminary Report (the "Title Report") issued by Old Republic Title Company, 151 Petaluma Blvd S. #125, Petaluma, California, dated October 28, 2016, as Order No. 0812011746 -JJ, a copy of which is attached hereto as Exhibit C and incorporated herein. The Association hereby approves those certain title matters shown as Exceptions Nos. 1 -16, 18 -19, and 21 -35 as shown on the Title Report. 2.2 Condition of Title. Title to the Subject Property shall be conveyed by the City to the Association at close of Escrow free and clear of all liens, encumbrances, restrictions and rights of way of record, subject only to the following (the "Permitted Conditions of Title "): 2.2.1 The lien for a pro rata amount of any current real property taxes, a lien but not yet due and payable; 2.2.2 Those certain restrictions of record shown on the Title Report and approved by the Association pursuant to the terms of Paragraph 2. 1, above; 2.2.3 The CC &R's; and 2.2.4 Any lien or encumbrance caused by the acts of the Association. 2.3 Policy of Title Insurance. Title to the Subject Property shall be insured by an owner's CLTA standard form policy of title insurance (the "Title Policy ") issued by Escrow Holder or such other insurer as the Association may choose prior to Close of Escrow, in any amount insuring the Association's interest in the Subject Property free and clear of all liens and encumbrances other than the Permitted Conditions of Title. ARTICLE 3 - ESCROW AND CLOSIN 3.1 Closing, Timing. The Closing of this transaction (the "Closing ", "Closing Date" or "Close of Escrow ") shall take place thirty (30) calendar days after the date of execution hereof by both the City and the Association. 3.2 Escrow Holder. The Closing shall occur at the offices of Old Republic Title Company, 151 Petaluma Blvd S #125, Petaluma, California (the "Escrow Holder "). Time is of the essence of this Agreement and, except as specifically provided for herein, the Closing shall not be adjourned or postponed unless consented to in writing by the City and the Association. The Escrow Holder shall also cause all policies of title insurance described in Paragraph 2.3, above, to be issued to the Association at the Closing. 3.3 The Association's Conditions Precedent to Closing. As express conditions precedent to the Association's obligations hereunder, the following conditions precedent must be satisfied or waived by the Association on or prior to the Closing Date: 3.3.1 The Association must have approved the condition of title to the Subject Property in the manner described in Paragraph 2. 1, above. 81 3.3.2 The Escrow Holder must be irrevocably committed to issue, to the Association, the Title Policy. 3.3.3 No change in the physical condition or permitted use of the Subject Property, including, without limitation, any change in zoning or land -use restrictions, shall have occurred or been effected after the date of the Association's execution of this Agreement, or shall be pending or threatened at the Close of Escrow. 3.3.4 No litigation or condemnation proceeding concerning the Subject Property shall have occurred, or be pending or threatened, at the Close of Escrow. The conditions precedent described in this Paragraph 3.3 are for the sole benefit of the Association and may be waived only by a written instrument signed by the Association. 3.4 Effect of Failure of Condition. In the event any condition set forth in Paragraph 3.3, above, shall not be satisfied or waived, then this Agreement shall terminate, all documents deposited into escrow shall be returned to the party who made such deposit, the City shall bear all costs incurred by the City in entering this Agreement, and the Association shall bear all costs incurred by the Association in entering into this Agreement. 3.5 The City's Documents at Closing. The City's Documents at closing. The City shall deposit the following with the Escrow Holder prior to the Closing Date: 3.5.1 Deed. The City shall execute, acknowledge and deliver in recordable form a quit claim deed or deeds (the "Deed ") in the form attached as Exhibit D to this Agreement conveying to the Association all right, title and interest in and to the Subject Property. 3.5.2 Other Documents. The City shall also deliver to the Association such escrow instructions and other documents required by the Escrow Holder to complete the transfer of the Subject Property to the Association in the manner described in this Agreement. 3.6 The Association's Documents at Closing. The Association shall deliver to the City through escrow such escrow instructions and other documents required by the Escrow Holder to complete the transfer of the Subject Property in the manner described in this Agreement. ARTICLE 4 — ADJUSTMENTS AT CLOSING 4.1 Costs Paid or Incurred by the City. The city shall pay or otherwise incur (i) the fees and expenses of the City's counsel in connection with this transaction and (ii) all costs and fees to release any lien or encumbrance on the Subject Property disapproved by the Association in the manner described in Paragraph 2. 1, above. 4.2 Costs Paid by the Association. The Association shall pay at the Closing (i) the premium for the Title Policy, (ii) the Escrow Holder's fees; (iii) the cost of all city and county transfer taxes (unless exempt); (iv) recording fees for the Deed (if any); (v) fees and expenses of the 82 Association's counsel; and (vi) all other fees customarily paid for by a purchaser for the purchase of similar property in Sonoma county. 4.3 Prorations. 4.3.1 Rent. Rent, if any, due the City under the Lease shall be prorated as of September 13, 2017 (and not the Closing Date). 4.3.2 No Other Prorations. Except as provided in Paragraph 4.3.1, real property taxes, insurance premiums, utilities and other items of income and expense shall not be prorated as of the Closing Date. ARTICLE 5 — LEASE AND CC &R'S 5.1 Lease. The City and the Association agree that the Lease shall remain in full force and effect and shall remain enforceable in accordance with its terms from and after the date of execution of this Agreement until and unless the Association and /or its assignees and /or nominees may acquire fee title to the Subject Property in accordance with the terms of this Agreement. The the Lease shall terminate only at the Closing Date hereunder. At the Closing Date and at any time or times thereafter, the City shall execute and deliver to the Association or to the Escrow Holder or any other title insurer who may issue a title insurance commitment or policy concerning the Subject Property or any part or parts thereof, a quitclaim deed or other instrument reasonably required to evidence the termination of the Lease with respect to the Subject Property. The terns of this Paragraph 5.1 shall survive the Closing Date. 5.2 CC &R's. The City and the Association agree that the CC &Rs shall remain in full force and effect and shall remain enforceable in accordance with their terms at all times after the execution of this Agreement and shall survive the Close of Escrow. ARTICLE 6 — BROKERS AND FINDERS The parties hereto agree and represent that no real estate brokers, salespersons or finders are involved in this transaction who would be entitled to a real estate sales commission or finders' fee. Each party hereby agrees to indemnify, defend, protect and hold the other party free and harmless from any and all liability (including attorneys' fees) which may arise from payment of real estate commissions or other charges due or claimed by a broker, agent or finder claiming under or through such indemnifying party. ARTICLE 7 — ASSIGNMENT BY THE ASSOCIATION Subject to the provisions of this Article 7, the Association is hereby granted the right to transfer and assign all or any part of this Agreement or all or any of the rights granted the Association hereunder in or to this Agreement and /or the Subject Property. 7.1 Consent Required. Any assignment of this Agreement shall be preceded by the written consent of the City, except as provided in Paragraph 7.2, below. Said prior written consent of the City shall not be unreasonably withheld or delayed, but the City may consider such factors as 83 the reputation, financial worth and stability and operating ability of any proposed assignee. Along with any request for consent, the Association shall deliver to the City a true and accurate copy of the assignment instrument together with a statement from the Association of whether or not the proposed assignee or sublessee is affiliated with the Association. If the City fails to consent to or to disapprove any proposed assignment within twenty (20) business days after written notice from the Association, then the City shall be deemed unconditionally and irrevocably to have approved such assignment. The City hereby consents to the lot line adjustment contemplated in Section 2 of the Sixth Modification. 7.2 The Association - Controlled Partnership and Owners Association. Anything in this Article 7 notwithstanding, the Association may assign or transfer this Agreement without seeking or obtaining the City's approval to a general or limited partnership of which Richard A. Coombs and Borue H. O'Brien are general partners. The Association must deliver to the City a copy of any assignment which assignment document must be executed in recordable form by the assignor and the assignee. The terms of this Paragraph 7.2 shall also apply to the transfer of memberships in the Association or of general or limited partner interests in any successor partnership otherwise allowable under this Paragraph 7.2. ARTICLE 8 - GENERAL PROVISIONS 8.1 Notices. All notices or other communications made pursuant hereto shall be in writing and shall be deemed properly delivered, given or served when (i) personally delivered against receipted copy or (ii) mailed by certified or registered mail, postage prepaid, in either case (i) or (ii) to the parties at the following addresses: The City: City Hall 11 English Street Petaluma, CA 94952 Attention: City Manager The Associations: Petaluma Marina Owners Association c/o Basin Street Properties 1383 N. McDowell Blvd., Suite 150 Petaluma, CA 94954 Attn: Vice President, Property Management All notices personally delivered shall be deemed given as of the date shown on the receipt copy and all notices mailed shall be deemed received on the date shown on the return receipt, or if no date is shown, within forty -eight (48) hours of deposit in the United states mail or the day after deposit with a national overnight delivery service such as Fed Ex. Either party may change its address for the purposes of this Paragraph 8.1 by giving fifteen (15) days prior written notice of such change to the other party in the manner provided in this Paragraph 8.1. 8.2 Binding. This Agreement shall be binding upon and inure to the benefit of any properly permitted successors in interest or assigns of the parties hereto. 84 8.3 Entire Agreement. This Agreement, the exhibits hereto, the Lease, the CC &Rs and the exhibits to each of said documents and any instruments incorporated therein by express reference contain the entire agreement of the parties hereto with respect to the matters covered hereby and together supersede all prior written or oral arrangements and understandings between the parties in regard to the Subject Property. 8.4 Amendments. This Agreement may only be amended by a further written document signed by each of the parties hereto. 8.5 Further Documents. Each party will, whenever and as often as it shall be requested by the other party, execute, acknowledge and deliver, or cause to be executed, acknowledged or delivered, such further instruments and documents, including escrow instructions, as may be necessary in order to complete the sale, conveyance and transfer contemplated herein and shall further do any and all other acts and execute, acknowledge and deliver any and all documents as may foe requested in order to carry out the intent and purpose of this Agreement. 8.6 Counterparts. This Agreement may be executed simultaneously or in counterparts. In the latter event, each counterpart shall be deemed an original, but both counterparts together shall constitute the same agreement. 8.7 Severability. Should any part, tern or provision of this Agreement or any document required herein to be executed or delivered at the Closing be declared invalid, void or unenforceable, all remaining parts, terms and provisions hereof shall remain in full force and effect and shall in no way be invalidated, impaired or affected thereby. 8.8 Survival. The provisions, representations and warranties hereof shall survive the Close of Escrow and the delivery of the consideration. 8.9 Exhibits. All the exhibits attached to this Agreement and all exhibits attached to the exhibits attached to this Agreement are incorporated herein as though set forth in full and shall be considered as a material part of the agreement of the parties hereto. 8.10 Attorneys' Fees. In the event either party hereto engaged the services of any attorney or brings suit to enforce or interpret this Agreement, or for damages on account of the breach of any party, the prevailing party shall be entitled to receive from the other reasonable attorneys' and experts' fees and costs incurred in addition to such costs as may be awarded by the court. 8.11 Definitions. For purposes of this Agreement, the following terms shall have the meaning hereafter set forth: (i) "Closing ", "Closing Date" or "Close of Escrow" shall mean the consummation of the purchase and sale transaction evidenced by the recording of the Deed to the Subject Property described above; (ii) "date of execution of this Agreement" or "date of execution hereof" shall mean the date set forth in the preamble paragraph on the first page of this Agreement. [SIGNATURES ON FOLLOWING PAGE] 85 IN WITNESS WHEREOF, the parties have executed this Agreement effective the day and year first above written. THE CITY OF PETALUMA, a public body corporate and politic By: Name: John C. Brown Title: City Manager ATTEST: By: Name: Claire Cooper Title: City Clerk APPROVED AS TO FORM: By: Name: Title: By: Name: Title: PETALUMA MARINA OWNERS ASSOCIATION, a California non - profit corporation By: Name: Paul Andronico Title: President :. EXHIBIT A Legal Description of Subject Property The land referred to is situated in the County of Sonoma, City of Petaluma, State of California, and is described as follows: PARCEL ONE: Those portions of Lot 6 of "Petaluma Marina" Parcel Map No. 247 recorded in Book 454 of Maps at Pages 9 and 10 Sonoma County Records and the lands of O'Brien as described in Deed filed under Document No. 89009167 and shown as Lot 7 of the City of Petaluma Parcel Map No. 271 recorded in Book 501 of Maps at Pages 12 -14 Sonoma County Records and being described as follows: Beginning at the most Southerly corner of Lot 6 of said Parcel Map No. 247; thence along the Southwesterly line of said Lot 6 North 41° 04'00" West 253.78 feet to the Southerly line of Lot 7 of the Parcel Map No. 271; thence leaving said Southwesterly line of Lot 6 along the line of said Lot 7, Southerly 60.51 feet along a curve to the left from a tangent that bears South 31° 36' 40" West through a central angle of 9° 50'40" having a radius of 352.20 feet; thence North 24° 38'55" West 28.00 feet; thence leaving said line of Lot 7 North 48° 46' 00" East 296.76 feet; thence South 71° 04' 00" East 31.23 feet to the Southerly line of said Lot 7; thence Easterly along said line 154.96 feet along a curve to the right from a tangent that bears North 75° 51' 26" East through a central angle of 25° 12' 34" having a radius of 352.20 feet; thence South 76° 58' 08" East 171.97 feet; thence leaving said line of lot 7 South 13° 00'47" West 74.74 feet along the Easterly line of lot 6 of said Parcel Map No. 247; thence South 48° 56'00" West 94.19 feet; thence North 41' 04'00" West 49.40 feet; thence South 48° 56'00" West 329.03 feet to the point of beginning. Being the lands pursuant to Notice of Lot Line Adjustment recorded April 9, 1993 as Document 1993 - 0044993 of Official Records. PARCEL TWO: An easement for street or highway purposes as set forth in the document recorded March 22, 1988 as Document 88022147 and as modified by document recorded July 29, 1988 as Document 88062185 of Official Records. APN: 005- 060 -072 MA EXHIBIT B Legal Description of Apartment Parcel The land referred to is situated in the County of Sonoma, City of Petaluma, State of California, and is described as follows: TRACT ONE: All that certain real property situated in the City of Petaluma, County of Sonoma, State of California, described as Lot 2, as shown on Parcel Map No. 271, filed in the Office of the County Recorder on October 28, 1992, in Book 501 of Maps, Page(s) 12, 13 and 14, Sonoma County Records. EXCEPTING THEREFROM all that portion of land contained in the Deed to the City of Petaluma recorded June 5, 1996 under Document No. 1996- 0049786, Sonoma County Records. ALSO EXCEPTING THEREFROM mineral rights, etc., as reserved in that certain Deed from Northwestern Pacific Railroad Company, a California corporation, to N. Gail Allen and Susan Allen, husband and wife, as joint tenants, dated January 17, 1989, and recorded February 1, 1989, under Recorder's Document No. 89- 0009165, Sonoma County Records. TRACT TWO: Lot 7, as shown upon that certain Map entitled "City of Petaluma, Parcel Map No. 271," filed in the Office of the County Recorder of Sonoma County, State of California, filed in Book 501 of Maps, at Page(s) 12 through 14, Sonoma County Records. EXCEPTING THEREFROM all that portion of land conveyed to the City of Petaluma, a Municipal Corporation, described in that certain Quitclaim Deed recorded April 9, 1993 under Document No. 1993 - 0044994 Official Records of Sonoma County, California. TRACT THREE: Those portions of Lot 6 of Parcel Map No. 247 Recorded in Book 454 of Maps, Pages 9 and 10, Sonoma County Records, and being described as follows: Commencing at the most Southerly corner of said Lot 6; thence along the Southwesterly line of said Lot, North 41' 04' 00" West, 253.78 feet; thence 15.00 feet along a curve to the right from a tangent that bears North 31° 36'40" East through a central angle of 2 °2 6'25" having a radius of 352.20 feet to the point of beginning; thence continuing along said curve 180.91 feet through a central angle of 290 25'51 "; thence South 48° 46'00" West, 178.93 feet to the point of beginning. APN: 005- 060 -089 .. EXHIBIT C Title Report [to be attached] .. RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: Petaluma Marina Owners Association c/o Basin Street Properties 1318 N. McDowell Blvd., Suite 150 Petaluma, CA 94954 Attn: Jennifer Tompkins EXHIBIT D Form of Deed THE AREA ABOVE IS RESERVED FOR RECORDER'S USE QUITCLAIM DEED FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, THE CITY OF PETALUMA, a public body corporate and politic, grants, transfers and assigns to the PETALUMA MARINA OWNERS ASSOCIATION, a California non -profit corporation, all of its interest in that certain real property located in the City of Petaluma, County of Sonoma, State of California, and which is more particularly described in Schedule 1, attached hereto and incorporated herein by this reference, subject to all matters of record in the Official Records of Sonoma County, California. IN WITNESS WHEREOF, this Quitclaim Deed has been executed this day of , 201 THE CITY OF PETALUMA, a public body corporate and politic By: APPROVED AS TO FORM: By: Name: Name: John Brown Title: City Manager ATTEST: By: Title: By: Name: Title: Name: Claire Cooper Title: City Clerk .E SCHEDULEI The land referred to is situated in the County of Sonoma, City of Petaluma, State of California, and is described as follows: PARCEL ONE: Those portions of Lot 6 of "Petaluma Marina" Parcel Map No. 247 recorded in Book 454 of Maps at Pages 9 and 10 Sonoma County Records and the lands of O'Brien as described in Deed filed under Document No. 89009167 and shown as Lot 7 of the City of Petaluma Parcel Map No. 271 recorded in Book 501 of Maps at Pages 12 -14 Sonoma County Records being described as follows: Beginning at the most Southerly corner of Lot 6 of said Parcel Map No. 247; thence along the Southwesterly line of said Lot 6 North 41° 04'00" West 253.78 feet to the Southerly line of Lot 7 of the Parcel Map No. 271; thence leaving said Southwesterly line of Lot 6 along the line of said Lot 7, Southerly 60.51 feet along a curve to the left from a tangent that bears South 31° 36' 40" West through a central angle of 9° 50'40" having a radius of 352.20 feet; thence North 24° 38' 55" West 28.00 feet; thence leaving said line of Lot 7 North 48° 46' 00" East 296.76 feet; thence South 71° 04' 00" East 31.23 feet to the Southerly line of said Lot 7; thence Easterly along said line 154.96 feet along a curve to the right from a tangent that bears North 75° 51' 26" East through a central angle of 25° 12' 34" having a radius of 352.20 feet; thence South 76° 58' 08" East 171.97 feet; thence leaving said line of lot 7 South 13° 00'47" West 74.74 feet along the Easterly line of lot 6 of said Parcel Map No. 247; thence South 48° 56'00" West 94.19 feet; thence North 41° 04' 00" West 49.40 feet; thence South 48° 56'00" West 329.03 feet to the point of beginning. Being the lands pursuant to Notice of Lot Line Adjustment recorded April 9, 1993 as Document 1993 - 0044993 of Official Records. PARCEL TWO: An easement for street or highway purposes as set forth in the document recorded March 22, 1988 as Document 88022147 and as modified by document recorded July 29, 1988 as Document 88062185 of Official Records. APN: 005- 060 -072 91 Attachment 6 Recording Requested By City of Petaluma No fee required, Govt. C §27373 When Recorded Mail To: City of Petaluma City Clerk's Office 11 English Street Petaluma, CA 94952 Amendment Terminating Subdivided Ground Lease Between The City of Petaluma And Petaluma Marina Owners Association (Lot 6) WHEREAS, the City is fee title owner of that certain real property containing approximately 2.39 acres located in the City of Petaluma, County of Sonoma, State of California, designated Lot 6, as shown on Parcel Map No. 247 filed February 27, 1990 in Book 454 of Maps, Pages 9 and 10, Sonoma County Records, (the "Subject Property "); and WHEREAS, on or about July 16, 1984, the City and the Petaluma Marina Owners Association's predecessor -in- interest, Marina Office Park Association, a California limited partnership ( "MOPA "), entered into that certain Agreement Concerning Development for the development of a marina on certain real property adjacent to the Subject Property by the City and the development by MOPA of a commercial project on the Subject Property and Lots 1, 2, 3, 4 and 5 as shown on Parcel Map No. 247 filed February 27, 1990 in Book 454 of Maps, Pages 9 and 10, Sonoma County Records (the "Commercial Project "), together with a parcel referred to as the "Apartment Parcel." The Commercial Project and the Apartment Parcel are referred to collectively herein as the "Remaining Project;" and WHEREAS, pursuant to terms of the Agreement Concerning Development, the City and MOPA entered into that certain Ground Lease dated October 3, 1985 concerning the Subject Property and the Remaining Project and recorded on that date in the Official Records of Sonoma County as Document No. 85065899; and 92 A. WHEREAS, pursuant to the Ground Lease, the City and MOPA have entered into that certain Subdivided Ground Lease — Lot 6 (the "Lease ") covering the Subject Property dated September 11, 1990 and recorded on September 12, 1990 in the Official Records of Sonoma County as Document No. 1990 - 0090885, and that certain Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for the Petaluma Marina Project, covering the Subject Property and the Remaining Project dated as of dated September 14, 1990 and recorded September 14, 1990 in the Official Records of Sonoma County as Document No. 1990 - 0091972, as amended by that certain Agreement Reforming Property Descriptions of Recorded Documents, dated January 16, 1991 and recorded January 29, 1991 in the Official Records as Document No. 1991 - 0007524, that certain Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project, dated November 11, 1992 and recorded on April 9, 1993 in the Official Records as Document No. 1993- 0044988, that certain Second Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project dated May 1, 2000 and recorded on July 21, 2000 in the Official Records as Document No. 2000072696, that certain Third Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project dated December 29, 2004, that certain erroneously titled Third Modification of Declaration of Easements, Covenants Restrictions and Reciprocal Easements for Petaluma Marina Project dated December 14, 2007 and recorded on December 19, 2007 in the Official Records as Document No. 2007133051, that certain erroneously titled Fourth Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project dated March 31, 2011 and recorded on July 15, 2011 in the Official Records as Document No. 2011059815, and that certain Sixth Modification of Declaration of Easements, Covenants and Restrictions and Reciprocal Easements for Petaluma Marina Project (the "Sixth Amendment ") dated and recorded on in the Official Records as Document No. (as so amended, the "CC &R's "); and WHEREAS, the Petaluma Marina Owners Association ( "Association ") has succeeded to MOPA's interest in the Lease; and WHEREAS, parties to the CC &Rs acknowledge and agree that the fair market value of the Subject Property as burdened by the CC &R's and the permitted uses under presently existing land use restrictions and the terms of this Agreement is minimal; and WHEREAS, City is a member of the Association, and the City, through the CC &R's and the bylaws of the Association, has maintained significant control over the operation of the Association and, after the Association's acquisition of the Subject Property, shall retain significant control over the management and use of the Subject Property; and WHEREAS, in order to facilitate the development of the Subject Property in the manner originally contemplated by the Agreement Concerning Development, Ground Lease and the Lease, and to facilitate the development of the Apartment Parcel in accordance with previously issued City approvals, the Association wishes to acquire the Subject Property from the City and the City wishes to contribute the Subject Property to the Association on the terms and conditions set forth in the Sixth Modification (all of which Agreement Concerning Development, Ground Lease, Lease and CC &Rs are hereby incorporated into this amendment as if set forth in full); and 93 WHEREAS, accomplish transfer of ownership of the Subject Parcel in accordance with the Sixth Amendment, in addition to the Sixth Amendment, the following documents have been prepared: a contribution agreement ( "Contribution Agreement ") (which Contribution Agreement is hereby incorporated into this amendment as if set forth in full), and this amendment; NOW, THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the City and the Association hereby agree as follows: 1. Termination of Subdivided Ground Lease. In accordance with the applicable terms of the documents incorporated into this amendment, expressly including the terms of that certain Subdivided Ground Lease — Lot 6 (the "Lease ") covering the Subject Property dated September 11, 1990 and recorded on September 12, 1990 in the Official Records of Sonoma County as Document No. 1990 - 0090885, including, but not limited to provisions 18.7 and 22.14 of the Lease, the Lease is hereby terminated effective IN WITNESS WHEREOF, the parties have executed this Agreement effective this day of , 2017. THE CITY OF PETALUMA, a public body corporate and politic By: Name: John C. Brown Title: City Manager ATTEST: By: Name: Claire Cooper Title: City Clerk APPROVED AS TO FORM: By: Name: Title: By: Name: Title: PETALUMA MARINA OWNERS ASSOCIATION, a California non - profit corporation By: Name: Paul Andronico Title: President .,