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HomeMy WebLinkAboutOrdinance 2428 N.C.S. 03/19/2012 EFFECTIVE DATE ORDINANCE NO. 2428 N.C.S OF ORDINANCE April 18, 2012 1 Introduced by Seconded by 2 3 4 Teresa Barrett Gabe Kearney 5 6 7 8 ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PETALUMA APPROVING 9 PURCHASE AND SALE AGREEMENT, AS AMENDED, BETWEEN 10 DALE H. VESTERFELT AND ALICE M. VESTERFELT, TRUSTEES, DIANNA MAE CORRALEJO, 11 TRUSTEE, AND THE CITY OF PETALUMA REGARDING REAL PROPERTY 12 COMMONLY KNOWN AS 431 PAULA LANE (APN 019-080-009 AND APN 019-080-01) 13 14 15 WHEREAS, Section 46 of the Charter of the City of Petaluma requires that actions for the 16 acquisition, sale or lease of real property be taken by ordinance; and, 17 18 WHEREAS, pursuant to Resolutions No. 2006-160 N.C.S. and 2008-068 N.C.S., the City of 19 Petaluma (City) submitted applications to the Competitive Matching Grant Program (Program) 20 of the Sonoma County Agricultural Preservation and Open Space District (District) for matching 21 grant funds to be used in part for the acquisition of certain real property commonly known as 22 431 Paul Lane, County of Sonoma (APN 019-080-0009 and APN 019-080-01) (the Property); and, 23 24 WHEREAS, the City subsequently resubmitted the application for grant funds for 25 acquisition of the Property to the Program for the 2009-2010 Program cycle; and, 26 27 WHEREAS, the City has been notified by District that Program funding in the amount of 28 $1,000,000 has been approved by the District Board of Directors for acquisition of the Property; 29 and, 30 31 WHEREAS, the City has been notified by District that the District Board of Directors has 32 requested the ability to consider awarding an additional $50,000 in Program funding for 33 acquisition of the Property; and, 34 35 WHEREAS. the City has negotiated a purchase and sale agreement between the City 36 and Dale H. Vesterfelt and Alice M. Vesterfelt, Trustees, and Dianna Mae Corralejo, Trustee, 37 owners of the Property, in the amount of $1,050,000 (Agreement), a copy of which is attached 38 as Exhibit A and incorporated herein by reference; and, Ordinance No. 2428 N.C.S. Page 1 1 2 WHEREAS, the City and the Paula Land Action Network (PLAN) are in the process of 3 developing a work plan to operate and manage the Property as an open space preserve and 4 educational nature facility; and, 5 6 WHEREAS, this action is exempt from the California Environmental Quality Act (CEQA) 7 pursuant to title 14, Chapter 3 of the California Code of Regulations (CEQA Guidelines), 8 including but not limited to sections 15313 (Acquisition of Land for Wildlife Conservation 9 Purposes), 15317 Open Space Contracts or Easements), and/or 15325 (Transfers of Ownership 10 Interest in Land to Preserve Existing Natural Conditions). 11 12 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF PETALUMA AS 13 FOLLOWS: 14 15 Section 1. The City Council approves the purchase and sale agreement between the 16 City of Petaluma and Dale H. Vesterfelt and Alice M. Vesterfelt, Trustees, and Dianna Mae 17 Corralejo, Trustee in the amount of $1,050,000 (Agreement), a copy of which is attached as 18 Exhibit A.and incorporated herein by reference. 19 20 Section 2. The city manager is authorized and directed to execute the Agreement and 21 all other documents reasonably necessary to complete the purchase and sale, according to the 22 terms of the Agreement. 23 24 Section 3. If any section, subsection, sentence, clause, phrase or word of this ordinance 25 is for any reason held to be unconstitutional, unlawful or otherwise invalid by a court of 26 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 29 and all provisions thereof irrespective of the fact that any one or more of said provisions be 30 declared unconstitutional, unlawful or 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 synopsis 36 for the period and in the manner provided by the City Charter and any other applicable law. 37 38 INTRODUCED and ORDERED posted/published this 5th day of March 2012. 39 40 ADOPTED this 19th of March 2012, by the following vote: 41 42 Ayes: Albertson; Barrett, Mayor Glass, Harris, Healy, Kearney, Vice Mayor Renee 43 Noes: None 44 Abstain: None 45 Absent: None 46 47 Ordinance No. 2428 N.C.S. Page 2 1 2 3 I / 4 5 'C, ` ,. 6 Da id Glass, Mayor 7 8 9 10 ATTEST: APPROVED AS TO FORM: 11 12 13 / - 15 16 Claire Cooper, City Clerk Leslie Thomsen, Assistant City Attorney 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 Ordinance No. 2428 N.C.S. Page 3 EXHIBIT A FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT This First Amendment to Purchase and Sale Agreement ("First Amendment") is made and entered into as of '� , 2012between DALE H. VESTERFELT and ALICE M. VESTERFELT, Trustees of the 2000 Vesterfelt Family Trust dated November 1, 2000, as to an undivided one-half interest; DIANNA MAE CORRALEJO, Trustee of the Dianna M. Corralejo Trust dated August 1, 1995, as to an undivided one-half interest (collectively "Sellers") and the CITY OF PETALUMA, a municipal corporation and charter city ("Purchaser"). Sellers and Purchaser are sometimes referred to hereafter as a "Party" or the "Parties." RECITALS: A. Sellers and Purchaser entered into that certain Purchase and Sale Agreement ("Agreement") dated September 6, 2011, concerning the sale and purchase of real property located at 431 Paula Lane in the unincorporated area of the County of Sonoma, at Petaluma California, within the sphere of influence of the City of Petaluma, more particularly described as Sonoma County Assessor's Parcel Nos. 019-080-009 (10.10 acres) and 019-080-010 (1 .12 acres), and the improvements thereon consisting of two single family residences and outbuildings ("the Property"). The Property consists of a total of 11.22 acres, more or less, as more particularly Exhibit A to the Agreerirent. B. Seller and Purchaser wish to amend the terms of the Agreement in the manner set forth in this First Amendment. ACCORDINGLY, for good and valuable consideration, receipt of which is hereby acknowledged, Seller and Purchaser agree to amend the Agreement as follows: 1. Section 2(b) "Escrow," of the Agreement shall be amended to read in_ful l as follows: (b) Unless the Parties otherwise mutually agree in writing to an extension, the escrow shall close ("Close of Escrow") on or before March 30, 2012. In the event that the Parties are not then able to close escrow, the Sellers may, but need not, agree to extend the date for Close of Escrow without additional consideration. 2. Section 4(e), "Sellers' Tenants," of the Agreement shall be amended to read in full as follows: (e) Upon Close of Escrow, Sellers shall relinquish and assign to Purchaser all right and responsibilities with respect to tenancies and/or occupancies accepted by Purchaser except as expressly provided herein. Sellers represent that the tenancy of Stephen and/or Vincent Fontano, aka Steve Fontano and/or Vince Fontano, and all others claiming under them ("Fontano Parties") has been terminated prior to the execution.of this Amendment, and the Fontano Parties have vacated the Property. Purchaser agrees that Seller shall retain all rights and obligations relating to the tenancy of the Fontano Parties, including but not limited to receipt of past due rent, if Ordinance No. 2428 N.C.S. Page 4 any, and that such rights and obligations shall not be assigned or relinquished to Purchaser. Upon Close of Escrow, Purchaser may, at its election and without cost or liability to Sellers, enter into a separate agreement with one or more of the tenants and/or occupants then on the Property and otherwise act as the owner of the Property affecting such occupants, tenants and/or tenancies, subject to applicable law. 3. Except as expressly amended herein, all provisions of the Agreement remain in full force and effect. • The Parties have executed this Amendment as of the date first written above. SELLERS: 797, Z/ t/t �� Alice M. Vesterfelt, Co-Trustee 1 Dated: / v Dale H. esterfelt, Co-Trustee Co-Trustees, and any successor trustees, of the 2000 Vesterfelt • Family Trust Dated: /21/`-77// CQiyvi2�/ /i i Dianna Mae Corralejo, Trustee Trustee,and any successor trustee, of the Dianna M. Corralejo Trust Dated: / ' `4. —i / PURCHASER: CITY OF PETALUMA f Print Name: John Brown Title: City Manager Dated: t-3•t2. Ordinance No. 2428 N.C.S. Page5 PURCHASE AND SALE AGREEMENT This Purchase and Sale Agreement ("Agreement") is entered into as of y 2011 between DALE 1-I. VESTERFELT and ALICE M. VESTERFELT, Trustees of the 2000 Vesterfelt Family Trust dated November 1 , 2000, as to an undivided one-half interest; DIANNA MAE CORRALEJO, Trustee of the Dianna M. Corralejo Trust dated August 1 , 1995, as to an undivided one-half interest (collectively "Sellers") and the CITY OF PETALUMA, a municipal corporation and charter city ("Purchaser"). Sellers and Purchaser are sometimes referred to hereafter as a "Party" or the "Parties." This Agreement is entered into in consideration of each of the following Recitals: RECITALS A. Sellers are the owners of two parcels of real property located at 431 Paula Lane in the unincorporated area of the County of Sonoma, at Petaluma California, within the sphere of influence of the City of Petaluma, more particularly described as Sonoma County Assessor's Parcel Nos. 019-080-009 (10.10 acres) and 019-080-010 (1 .12 acres), and the improvements thereon consisting of two single family residences and outbuildings ("the Property"). The Property consists of a total of 1 1 .22 acres, more or less, as more particularly described in the attached Exhibit A. B. Purchaser is purchasing the Property to be developed as the Paula Lane Open Space Preserve with public access amenities, educational opportunities and habitat restoration and enhancement ("the Project"). C. Purchaser is negotiating with the Sonoma County Agricultural Preservation and Open Space District ("District") to obtain grant funding necessary for Purchaser's acquisition of the Property and implementation of the Project equal to or greater than One Million Fifty Thousand Dollars ($1 ,050,000) ("Grant Funding"). It is anticipated that the Grant Funding will be conditioned upon Purchaser's grant to the District of a conservation easement over the Property and Purchaser's acquisition of fee title to the Property. D. Sellers presently have two tenants on the Property, each on a month to month rental agreement. E. Purchaser desires to purchase and Sellers desire to sell the Property on the terms and conditions in this Agreement, including but not limited to contingencies stated in Section 8 hereof Ordinance No. 2428 N.C.S. Page 6 SELLERS AND PURCHASER THEREFORE AGREE AS FOLLOWS: Section 1. Purchase and Sale. For good and valuable consideration, the receipt and adequacy of which are acknowledged, Sellers agree to sell and Purchaser agrees to purchase the Property, contingent upon Purchaser's receipt of Grant Funding equal to or greater than One Million Fifty Thousand Dollars ($1 ,050,000), execution of an operation and maintenance agreement for the Project satisfactory to Purchaser between the Paula Lane Action Network (PLAN) and Purchaser, execution of a grant administration agreement between Purchaser, PLAN and District, and subject to the terms and conditions in this Purchase and Sale Agreement (the "Agreement"). Section 2. Purchase Price The total purchase price for the Property shall be the sum of One Million Fifty Thousand ($1,050,000) Dollars, payable in cash at Close of Escrow. Section 3. Escrow. (a) Escrow shall be opened to consummate the sale of the Property pursuant to this Agreement at Old Republic Title Company, Att'n: Julie James, 201 First St., Petaluma, CA 94952 ("Escrow Agent") within five (5) business days from Sellers' acceptance of this Agreement. The Parties shall deliver signed escrow instructions to Escrow Agent within thirty (30) calendar days of Sellers' acceptance. The escrow instructions shall not modify or amend this Agreement; provided, however, that the Parties shall execute any additional instructions requested by Escrow Agent in a manner consistent with the Agreement. (b) Unless the Parties otherwise mutually agree in writing to an extension, the escrow shall close ("Close of Escrow") on or before December 20, 2011. In the event that the Parties are not then able to close escrow, the Seller may, but need not, agree to extend the date for Close of Escrow without additional consideration. Section 4. Sellers' Tenants (a) Sellers represent that as of the date of this Agreement, the improvements on the Property consist of two single family residences, which are not untenantable dwellings as defined in Civil Code section 1941 and are presently occupied. Sellers shall assume the responsibility for and pay and hold Purchaser free and harmless from any cost or expense relating to the existence or removal of such tenants and any damage to the Property caused by such tenants up to and including Close of Escrow. In the event that costs or expenses related to the existence or removal of tenants and/or any damage to the Property caused by Ordinance No. 2428 N.C.S. Page 7 such tenants exceeds $2,500,. Sellers shall have the right to decline to expend more than $2,500 to remove tenants or correct said damage upon written notification to Purchaser. If Sellers so notify Purchaser, Purchaser shall have the right to terminate this Agreement. In the event of termination, both Purchaser and Sellers shall be relieved of all further obligation and liability to each other under this Agreement, and execute instructions necessary to the refund and/or return of all funds and documents deposited with Escrow Agent, which finds and documents shall be promptly refunded or returned, as the case may be, by Escrow Agent to the depositing Party. Upon and after Close of Escrow, Purchaser shall assume the responsibility for and hold Seller free and harmless from any cost or expense relating to the existence or removal of such tenants and any damage to the Property caused by such tenants. (b) Sellers represent that written agreements with regard to tenancy, or occupancy of the Property exist with the following persons or entities: Steve Fontano; Vince Fontano Steve Pedersen (c) Sellers represent that the following individuals presently reside on the Property without a written agreement: Heidi Stevenson, Sadie and Huxley, wife and children of Steve Pedersen. NONE. (c) Sellers further represent that no other individuals or entities than those disclosed herein reside on and/or hold a tenancy interest in the Property. (d) Within five (5) days of execution of this Agreement, Sellers shall provide to Purchaser copies of each and every document, agreement and/or writing relating to any occupant and/or tenant on the Property. Purchaser shall have ten (10) business days from receipt of said documents to approve or disapprove said documents and/or any tenancy or occupancy of the Property disclosed in this Section. If Purchaser does not provide written approval of said documents and/or all tenancy or occupancy of the Property within ten (10) business days of receipt of said documents, the written agreements and/or documents and all tenancies or occupancies of the Property shall be deemed approved by Purchaser. In the event of disapproval of any written agreement or document relating to tenancy or occupancy and/or any tenancy or occupancy of the Property by Purchaser, Purchaser shall have the right to: Ordinance No. 2428 N.C.S. Page 8 (I) Waive in writing the disapproved document, agreement, tenancy and/or occupancy and proceed with Close of Escrow, accepting said document, agreement, occupancy or tenancy; or (ii) Provide written notice to Sellers of Purchasers' intention to terminate this Agreement. The Sellers shall have fourteen (14) business days from the date of Purchasers' notice to modify or adjust agreements, documents, tenancies or occupancies that are subject to Purchasers' disapproval and provide written evidence of same to Purchaser. Purchaser shall have ten (10) business days from receipt of written evidence of modified agreements, documents, tenancies or occupancies to accept or reject such modified agreements, documents, tenancies or occupancies. Failure of Purchaser to provide Sellers with a written waiver or acceptance of said modifications shall not be construed as a waiver pursuant to subsection 4(d)(1), and shall terminate this Agreement. In the event of termination of this Agreement, both Purchaser and Sellers shall be relieved of all further obligation and liability to each other under this Agreement, and execute instructions necessary to the refund and/or return of all funds and documents deposited with Escrow Agent, which funds and documents shall be promptly refunded or returned, as the case may be, by Escrow Agent to the depositing Party. (e) Upon Close of Escrow, Sellers shall relinquish and assign to Purchaser all rights and responsibilities with respect to tenancies and/or occupancies accepted by Purchaser. Upon Close of Escrow, Purchaser may, at its election and without cost or liability to Sellers, enter into a separate agreement with one or more of the tenants and/or occupants on the Property and otherwise act as the owner of the Property affecting such occupants, tenants and/or tenancies, subject to applicable law. Section 5. Access and Inspection (a) Access to the Property during the escrow period shall be provided to Purchaser, its agents, employees, or contractors during normal business hours upon at least two (2) business day's notice to Dale or Alice Vesterfelt, at Purchaser's own cost and risk, for purposes of Purchaser's inspection, surveys and other activities in support of evaluation of the Property and/or implementation of the Project, including but not limited to a Phase I environmental assessment and any further environmental assessment deemed necessary in Purchaser's discretion. To the extent inspection involves occupied structures, Purchasers shall notify Dale or Alice Vesterfelt at least four (4) business days prior to the requested inspection and Sellers shall notify tenants in writing or as provided in Civil Code section 1954(d)(2) of the date, approximate time and purpose of any such inspection no less than twenty-four (24) hours prior to the conduct of the inspection. Purchaser shall indemnify and defend Sellers against claims arising out of or related to Purchaser's entry onto the Property or any activity thereon by Purchaser or its agents, employees or contractors, including any waste caused thereby prior to the Close of Escrow unless such losses, costs, Ordinance No. 2428 N.C.S. Page 9 damages, liabilities and expenses arise out of the gross negligence or willful acts of Sellers or failure of Sellers to notify tenants as required. The provisions of this Section shall survive the Close of Escrow. (b) In addition to the provisions in Section 5(a), Purchaser and its agents, employees, or contractors shall have the right, from the date of this Agreement until the Close of Escrow, to contact any federal state, or local governmental authority or agency to investigate any matters relating to the Property as part of such inspection and environmental assessment(s). Sellers agree to cooperate reasonably with Purchaser and its agents, employees or contractors in such contacts and the inspection of the Property and agree to deliver to Purchaser any information in Sellers' possession or control pertaining to the ownership and condition of the Property, including engineering and environmental reports, studies, tests, monitoring results, and related documentation. (c) In addition to the Provisions in Sections 5(a) and (b), Purchaser and its agents, employees or contractors shall have the permission of Sellers to interact with fire prevention mowing entities for the purposes of protection of wildlife habitat areas on the Property during annual fire prevention mowing that shall occur in 2011 on the Property. (d) Purchaser shall reject or accept all conditions disclosed by the inspections and assessments provided for in this Section no later than forty-five (45) days from the date on which Purchaser is notified by District that Grant Funding has been approved by District. Should Purchaser reject any condition of the Property disclosed by its inspection and/or assessments, Purchaser has the right to terminate this Agreement upon written notification to Seller. Section 6. Sellers' Cooperation with Funding Sources Sellers shall cooperate with Purchaser and undertake such acts and execute such documents as reasonably necessary to assist Purchaser in obtaining the Grant Funding from District which is a condition precedent to Purchaser's performance under this Agreement. Any such acts requested by Purchaser shall be at Purchaser's expense and at no cost or liability to Sellers. Sellers shall execute the conservation easement only at close of escrow. Section 7. Title (a) Immediately following the execution of this Agreement, Purchaser shall cause to be prepared and issued to Purchaser (with a copy to Sellers) a CLTA Preliminary Title Report for the Property, setting forth all liens, encumbrances, easements, restrictions, conditions, pending litigation,judgments, administrative proceedings, and other matters affecting Ordinance No. 2428 N.C.S. Page 10 Seller's title to the Property ("Preliminary Report"), together with copies of all documents relating to title exceptions referred to in the Preliminary Report. (b) Purchaser shall approve or disapprove all exceptions shown on the Preliminary Report within ten (10) business days following receipt of the Preliminary Report. Purchaser's failure to disapprove within the ten (10) business days shall be deemed an approval of the Exceptions. (c) If an exception is disapproved ("Disapproved Exception"), Seller shall, within thirty (30) days following expiration of the ten (10) day period provided under Section 7(b) above, use its best efforts to cause each Disapproved Exception to be discharged, satisfied, released, or terminated, as the case may be, of record, in a form that is reasonably satisfactory to Purchaser and Escrow Agent, all at Sellers' sole cost and expense. If Sellers are unable or unwilling to obtain a discharge, satisfaction, release or termination within the period specified above, or conclude that the cost of doing so is, in Sellers' sole discretion, too high, Purchaser shall have the right to: (i) Waive the Disapproved Exception and proceed with Close of Escrow, accepting Title to the Property subject to the Disapproved Exception; or, (ii) Terminate this Agreement, in which event both Purchaser and Sellers shall be relieved of all further obligation and liability to each other under this Agreement, and shall execute instructions necessary to the refund and/or return of all finds and documents deposited with Escrow Agent, which funds and documents shall be promptly refunded or returned, as the case may be, by Escrow Agent to the depositing Patty. Section 8. Conditions of Escrow The Close of Escrow and the obligations of each Party pursuant to this Agreement are conditioned on: a. The understanding that "as is" means the Property is accepted by Purchaser in its current condition with whatever physical defects may currently exist, whether known to any Party or not. However, the Parties acknowledge that Civil Code sections 1102 et seq. require that a Real Estate Transfer Disclosure Statement (TDS) as specified in Civil Code section 1102.6 be completed by Sellers. Sellers and Purchaser agree that the time limit for Purchaser to reject the TDS pursuant to Civil Code section 1102.3 shall be extended to ten (10) business days from either first class mailing or hand delivery. Rejection of the TDS shall terminate this Agreement. Failure to reject the TDS shall not waive or otherwise affect any other inspection or acceptance rights of Purchaser pursuant to other provisions of this Agreement. Sellers will truthfully and fully complete the TDS form and deliver it Ordinance No. 2428 N.C.S. Page 11 to Buyer as soon as possible, but in no event more than 21 days from the date of execution of this agreement. b. Notification by Purchaser to Sellers in writing within forty-five (45) days of the execution of this Agreement that Purchaser has received notification from the District that the Grant Funding has been approved by District. If Purchaser fails to so notify Sellers within forty-five (45) days of the execution of this Agreement, Sellers may, at Sellers' exclusive option, terminate this Agreement by giving written notification of such termination to Purchaser. c. Purchaser's approval of all inspections and assessments conducted by Purchaser pursuant to Section 5 above and removal in writing of this condition precedent no later than forty-five (45) days from the date on which Purchaser is notified by District that the Grant Funding has been approved by District. d. Conveyance to Purchaser of title to the Property, as evidenced by a standard form California Land Title Association (CLTA) title insurance policy, issued by Title Company in the full amount of the purchase price, subject only to the exceptions to title approved by Purchaser pursuant to Section 7(b) and 7(c), above. e. In addition to Purchaser's approval or disapproval of title exceptions, as set forth herein, Purchaser's determination that there have not been, prior to close of escrow, any liens or encumbrances of any kind placed on the Property by any third party not within Purchaser's control which are not acceptable to Purchaser. f. Purchaser's receipt of the Grant Funding and approval of necessary grant agreements by resolution of the City Council of the City of Petaluma and by District. g. City Council approval by resolution of an operation and maintenance agreement for the Project between Purchaser and the Paula Lane Action Network (PLAN) no later than sixty (60) days from the date on which Purchaser is notified by District that the Grant Funding has been approved by District. h. City Council approval by resolution of a written grant administration agreement between Purchaser, the District and PLAN no later than sixty (60) days from the date on which Purchaser is notified by District that the Grant Funding has been approved by District. City Council Approval of this Agreement by ordinance no later than sixty (60) days from the date on which Purchaser is notified by District that the Grant Funding has been approved by District. Ordinance No. 2428 N.C.S. Page 12 Section 9. Prorations Title Company shall prorate the following costs at the Close of Escrow: (a) Sellers shall pay: (i) Documentary transfer tax due upon transfer of the Property. (b) Purchaser shall pay: (i) The recording charges in connection with recordation of the Deed; (ii) All charges in connection with issuance of a CLTA Standard Policy of Title Insurance in the amount of the total Purchase Price; (iii) The escrow fee charged by Escrow Agent. (c) Property taxes shall be prorated at Close of Escrow based on the most current property tax bill available, but proration shall include any additional property taxes that may be assessed up to but not longer than one year after Close of Escrow which relate to a period prior to Close of Escrow, regardless of when notice of those taxes is received or who receives the notice. (d) Sellers represent and warrant that as of execution of this Agreement by Sellers there are, to their knowledge, no bonds or assessments that constitute a lien upon the Property other than as disclosed in the Preliminary Title Search and any Residential Property Disclosure Reports in regard to the Property. In the event that there are any bonds or assessments imposed as a lien upon the Property other than as disclosed in the Preliminary Title Search and any Residential Property Disclosure Reports in regard to the Property, unless the pro-rated portion is hilly paid by Sellers, Purchaser may, at its discretion, close escrow and take title subject to such bonds or assessments, or elect not to close escrow and terminate this Agreement. Section 10. Possession Possession of the Property shall be delivered to Purchaser at Close ofEscrow. Section 11. Real Estate Representation and Commission Sellers are exclusively represented by Listing Agent Vomie Irish. Seller's obligation to pay any real estate commission is governed by Seller's separate agreement with Listing Agent and/or Listing Agent's broker and is the sole responsibility of Seller. Seller agrees that its obligation to pay a Listing Agent and/or broker commission shall be satisfied solely by Seller as part of Close of Escrow. Ordinance No. 2428 N.C.S. Page 13 Section 12. Disclaimer of Representations and Warranties by Sellers (a) There are no representations, agreements, arrangements, or circumstances, oral or written, between the parties relating to the subject matter contained in this Agreement that are not fully expressed in the Agreement, and Sellers have not made and do not make any representation or warranty concerning any matter or thing affecting or relating to the Property not expressed in this Agreement. (b) Purchaser warrants that Purchaser is familiar and experienced with ownership of real property for public purposes. Purchaser's rights to examine the Property, its physical condition, and approve or accept the Property in an "as is" condition are subject to the conditions and provisions set forth in this Agreement. (c) Purchaser has conducted or will conduct an independent investigation with respect to zoning and subdivision laws, ordinances, resolutions, and regulations of all governmental authorities having jurisdiction over the Property, and the use and preservation of the Property, and Sellers have not made representations to Purchaser on any of these matters. Section 13. Sellers' Covenants Commencing with the full execution of this Agreement by both parties and until the Close • of Escrow: (a) Sellers shall not permit any liens, encumbrances, or easements to be placed on the Property, other than the approved exceptions, nor shall Seller enter into any agreement regarding the sale, rental, occupancy, management, repair, improvement, or any other matter affecting the Property that would be binding.on Purchaser or the Property after the Close of Escrow without the prior written consent of Purchaser. (b) Sellers shall not permit any act of waste or act that would tend to diminish the value of the Property for any reason, except that caused by ordinary wear and tear. Section 14. Sellers' Representations and Warranties To the best of the Sellers' knowledge, Sellers represent and warrant to Purchaser that, as of the date of this Agreement, and as of the date of Close of Escrow: (a) Except for the tenants and/or occupants described in Recital E and Section 4 above, no leases, licenses, or other agreements allowing any third party right to use the Property are or will be in force. Ordinance No. 2428 N.C.S. Page 14 (b) There is no pending or threatened litigation, administrative proceeding, or other legal or governmental action with respect to the Property. Sellers reserve their rights to evict any tenant or occupant of the Property and/or collect all obligations due from said tenant(s) or occupants prior to close of escrow. Section 15. Authority of the Parties (a) Sellers warrant that this Agreement and all other documents delivered prior to or at the Close of Escrow: (i) Have been authorized, executed, and delivered by Sellers; (ii) Are binding obligations of Sellers; and (iii) Do not violate the provisions of any agreement prior in time to which Sellers are a party or which affects the Property, nor violate the provisions of the 2000 Vesterfelt Family Trust (with Dale H. Vesterfelt and Alice M. Vesterfelt Trustees) or the Dianna M. Corralejo Trust (with Dianna Mae.Corralejo as Trustee), subject, however, to applicable bankruptcy, insolvency, and other similar laws affecting the enforcement of creditors' rights and to principles of equitable remedies. (b) Purchaser warrants that this Agreement and all other documents delivered prior to or on the Close of Escrow (i) Have been authorized, executed, and delivered by Purchaser; (ii) Are binding obligations of Purchaser; and (iii) Do not violate the provisions of any agreement prior in time to which Purchaser is a party subject; however, to applicable bankruptcy, insolvency, and other similar laws for enforcement of creditors' rights and to principles of equitable remedies. Section 16. Notices All notices to be given under this Agreement shall be in writing and either: (a) Sent by certified mail, return receipt requested, in which case notice shall be deemed delivered three (3) business days after deposit, postage prepaid in the United States Mail, (b) Sent by a nationally recognized overnight courier, in which case notice shall be deemed delivered one (1) business day after deposit with this courier, or Ordinance No. 2428 N.C.S. Page 15 (c) By facsimile, email or similar means, if a copy of the notice is also sent by United States Certified Mail, in which case notice shall be deemed delivered on transmittal by facsimile, email or other similar means provided that a transmission report is generated by reflecting the accurate transmission of the notices, as follows: PURCHASER: City of Petaluma City Manager I1 English.Street Petaluma, CA 94952 Telephone: (707) 778-4360 Facsimile: (707) 778-4554 WITH COPY TO: Leslie A. Thomsen Meyers Nave 401 Mendocino Avenue, Suite 100 Santa Rosa, CA 95401 Facsimile: 707 545.6617 lthomsen @meyersnave.com SELLERS: Dale H. and Alice M. Vesterfelt as Co-Trustees of the 2000 Vesterfelt Family Trust 14654 Acacia Street San Leandro, CA 94579-1250 and Dianna Mae Corralejo as Trustee of the Dianna M. Con-alejo Trust 14642 Acacia Street San Leandro, CA 94579-1250 WITH COPY TO: George Martinez, Esq. Law Offices of George Martinez #10 Deer Island Lane Novato, CA 94945 These addresses may be changed by written notice to the other Party, provided that the notice of a change of address shall not be effective until actual receipt by the Parties of the Ordinance No. 2428 N.C.S. Page 16 notice. Copies of notices are for informational purposes only, and a failure to give or receive copies of any notice shall not be deemed a failure to give notice. Section 17. Attorney Fees If either Party commences an action against the other to interpret or enforce this Agreement, or because of the breach by either Party of this Agreement, the prevailing Party in this action whether or not brought to trial or final judgment, shall be entitled to recover reasonable attorney fees and costs incurred in connection with the prosecution or defense of this action, including any appeal of the action, in addition to all other relief. Prevailing Party within the meaning of this Section shall include, without limitation, a Party who successfully brings an action against the other Party for sums allegedly due or performance of covenants allegedly breached, or that Party who obtains substantially the relief sought in the action. Section 18. Entire Agreement This Agreement, including the exhibits attached hereto and incorporated herein, constitutes the entire agreement between the Parties with respect to the Property, and supersedes an prior agreements or understandings, negotiations or discussions, oral or written, between the Parties in this regard. This Agreement shall not be modified in any manner except by an instrument in writing executed by the Parties or their respective successors in interest. Section 19. Severability If any term or provision of this Agreement shall, to any extent, be held invalid or unenforceable, the remainder of this Agreement shall not be affected. Section 20. Waivers A waiver or breach of covenant or provision in this Agreement shall not be deemed a waiver of any other covenant or provision in this Agreement, and no waiver shall be valid unless in writing and executed by the waiving Party. An extension of time for perfot mance of any obligation or act shall not be deemed an extension of the time for performance of any other obligation or act. Section 21. Construction The section headings and captions of this Agreement are, and the arrangement of this Ordinance No. 2428 N.C.S. Page 17 instrument is, for the sole convenience of the Parties to this Agreement. The section headings, captions, and arrangement of this instrument do not in any way affect, limit, amplify, or modify the terms and provisions of this Agreement. The singular form shall include plural, and vice versa. Notwithstanding Civil Code Section 1654 this Agreement shall not be construed as if it had been prepared by one of the Parties, but rather as if both Parties have prepared it. Unless otherwise indicated, all references to sections are to this Agreement. All exhibits referred to in this Agreement are attached to it and incorporated in it by this reference. Section 22. Merger All of the terms, provisions, representations, warranties, and covenants of the Parties pursuant to this Agreement shall survive the Close of Escrow and shall not be merged in the Deed or other documents. Section 23. Counterparts This Agreement may be executed in one or more counterparts, duplicate copies or facsimile copies. Each shall be deemed an original and all taken together shall constitute one and the same instrument. The execution of this Agreement is deemed to have occurred, and this Agreement shall be, enforceable and effective only on the complete execution of this Agreement by the Parties. Section 24. Time of the Essence Time is of the essence in this Agreement. Section 25. Successors This Agreement shall inure to the benefit of and shall be binding upon the Parties to this Agreement and their respective heirs, personal representatives, successors, and assigns. Section 26. Governing Law This Agreement shall be governed and construed in accordance with California law. Venue for any action relating to this Agreement shall be in Sonoma County, California. Section 27. Tax Deferred Exchange In the event that Sellers wish to enter into a tax deferred exchange or tax deferred transfer of the property, Purchaser agrees to reasonably cooperate with Sellers in connection with Ordinance No. 2428 N.C.S. Page 18 such exchange or transfer and execute such documents as may reasonably be necessary to complete the exchange provided, however, that: (a) The exchange or transfer will not cause a delay to the close of escrow; (b) All additional costs in connection with the tax deferred exchange or the tax deferred transfer will be borne by the Sellers requesting the exchange or transfer; (c) Purchaser will not be obligated to execute any note, contract, deed or other document which would create a liability to Purchaser. Sellers shall assume the responsibility for, pay, indemnify and hold Purchaser free and harmless from any damage, loss or liability which is asserted or claimed against it on account of the Sellers' tax deferred exchange or tax deferred transfer. The Parties have executed this Agreement as of the date first written above. SELLERS: 7/19, Alice M. Vesterfelt, Co-Trustee Dated: u ( Dale H. Vesterfelt, Co-Trustee Co-Trustees, and any successor trustees, of the 2000 Vesterfelt Family Trust Dated: l l Diana Mae Corralejo, Trustee C1 J Trustee, and any successor trustee, of the Dianna M. Corralejo / ' Trust � Dated: // PURCHASER: CITY OF PETALUMA Ordinance No. 2428 N.C.S. Page 19 J By: Print Name: John Brown Title: City Manager Dated: ATTEST: City Clerk 'J APPROVED AS TO FORM: City Attorney APPROVED: Depai i°itDirector APPROVED: k//k Risk Manager APPROVED e Director --- Ordinance No. 2428 N.C.S. Page 20 EXHIBIT A TO PURCHASE AND SALE AGREEMENT Legal Description The land referred to herein is situated in the State of California, County of Sonoma, UNINCORPORATED AREA, as described as follows: BEGINNING AT THE SOUTHEASTERLY CORNER OF THE PAULA TRACT, SAID POINT OF BEGINNING BEING IN THE MIDDLE OF THE PAULA LANE SO-CALLED; THENCE ALONG THE MIDDLE OF SAID LANE, THE EASTERLY BOUNDARY OF SAID TRACT_NORTH 13 3/4 DEGREES EAST, 8.93 CHAINS TO THE MIDDLE OF A LANE; THENCE LEAVING THE FIRST, AND ALONG THE MIDDLE OF THE LAST MENTIONED LANE, NORTH 75° 08' WEST, 12.58 CHAINS; THENCE LEAVING SAID LANE, SOUTH 15° 20' WEST, 8.75 CHAINS TO THE SOUTHERLY BOUNDARY OF THE AFORESAID PAULA TRACT; AND THENCE ALONG SAID BOUNDARY, SOUTH 74° 15' EAST, 12.82 CHAINS TO THE PLACE OF BEGINNING. SAVING AND EXCEPTING THEREFROM: THAT CERTAIN FORTY FOOT STRIP OR LAND DESCRIBED IN THE DEED FROM JOHN PAULI AND MARY PAULI, HIS WIFE, TO ELLEN LOUISE FERGUSSON, DATED OCTOBER 19, 1895, AND RECORDED OCTOBER 26, 1895 IN TIBER 162 OF DEEDS, PAGE 352, SONOMA COUNTY RECORDS. ALSO EXCEPTING THEREFROM ALL THAT PORTION LYING SOUTHERLY OF THE NORTHERLY LINE OF THE MAP OF FULTON TRACT FILED MARCH 11, 1893 IN BOOK 10 OF MAPS, PAGE 1, IN THE SONOMA COUNTY RECORDERS OFFICE. APN: 019-080-009 & 010 END OF DOCUMENT 1694750.]0 Ordinance No. 2428 N.C.S. Page 21