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Third amendment to agreement RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: Westland Shopping Center L.P. c/o Ferrari, Alvarez, Olsen & Ottoboni 333 W. Santa Clara Street, suite 700 San Jose, CA 95113 Attn: James J. Eller, Esq. THIRD AMENDMENT AND SUPPLEMENT TO AGREEMENT This Third Amendment and Supplement to };greement ("Third Amendment") made and entered into as of 11.á/lt-L) ? 1991 by and between the CITY OF CUPERTINO, a municipal corporation of the State of California ("City") and WESTLAND SHOPPING CENTER L.P., a California limited partnership ("Westland") . WIT N E SSE T H: A. City and Vallco Park, Ltd., a California limited partnership ("Vallco") entered into that certain Agreement dated October 8, 1974, recorded October 17,1974 in Book B 135 of the Official Records of Santa Clara County, California at page 370 (the "Original Agreement"); B. The original Agreement was amended by that certain Supplement to Agreement dated August 5, 1975, by and between city and Vallco and recorded August 20, 1975 in Book B 571 of the Official Records of Santa Clara county, California at page 724 ("Supplement"). The Original Agreement was further amended by that certain Second Amendment to Agreement dated March 1, 1976, by and between City and Vallco recorded September 14, 1976 in Book C280 of the Official Records of Santa Clara County, California at page 236 (the "Second Amendment"). The Original Agreement, together with the Supplement and Second Amendment, are hereinafter referred to as the "Existing Agreement"; C. Westland is the successor in interest to Vallco. City and Westland desire to supplement and amend the Existing Agreement pursuant to the provisions of paragraph 7 of the original Agreement, to cause to be granted by City to Westland certain additional perpetual and exclusive easements for pedestrian walkways and buildings and for vehicular and pedestrian tunnels and appurtenances thereto, all as described in more detail hereinbelow and to amend the Existing Agreement to provide for the termination of certain rights granted to city under the Existing Agreement. D. The supplements, modifications and amendments to the Existing Agreement are desired to allow expansion and construction of additional improvements for the Vallco Fashion Park regional shopping center ("Shopping Center") pursuant to the terms and conditions of that certain Development Agreement dated August 15, 1991 by and between the city of cupertino and Westland Properties Inc. and Westland Shopping Center L.P. relative to the development known as Val1co Fashion Park (the "Development Agreement"). The parties agree and acknowledge that the supplements, modifications and amendments set forth herein will benefit the City and Westland. NOW, THEREFORE, in consideration of the mutual covenants and agreements herein set forth, and for other valuable consideration, it is agreed as follows: 1. City hereby grants to Westland for the benefit of, and appurtenant to, and running with the land in favor of, the property owned by Westland which is shown on Exhibit "A" attached hereto and incorporated herein by reference, the following: a. The perpetual and exclusive easement to construct, to maintain in place, and to maintain, repair, replace, reconstruct and to use buildings, structures and improvements, including without limit retail shops, restaurants, and other uses found in regional shopping centers, from time to time, above a plane fifteen (15) feet above the highest point of the traveled surface of Vallco Parkway, crossing Val1co Parkway, a dedicated public street, in the location shown on Exhibit "A-1" attached hereto and by this reference incorporated herein; together with perpetual and exclusive easements for the construction, maintenance in place, and maintenance, repair, replacement, reconstruction and use of columns, supports, footings, and foundations for said buildings, structures and improvements to be located in, below and above the public right- of-way of Vallco Parkway, except that such columns, supports, footings and foundations may not be located upon or within the traveled surface of said dedicated public street. b. The perpetual and exclusive easement to construct, to maintain in place, and to maintain, repair, replace, reconstruct and to use buildings, structures and improvements, including without limit retail shops, restaurants and other uses found in regional shopping centers, from time to time, above a plane fifteen (15) feet above the highest point of the traveled surface of Wolfe Road, crossing Wolfe Road, a dedicated public street, in the location shown on Exhibit "A-2" attached hereto and by this reference incorporated herein; together with perpetual and exclusive easements for the construction, maintenance in place, and maintenance, repair, replacement, reconstruction and use of columns, supports, footings, and foundations for said buildings, structures and -2- improvements to be located in, below and above the public right- of-way of Wolfe Road, except that such columns, supports, footings and foundations may not be located upon or within the traveled surface of said dedicated public street. c. The perpetual and exclusive easement to construct, to maintain in place, and to maintain, repair, replace, reconstruct and use a vehicular and pedestrian tunnel under Vallco Parkway and appurtenances thereto not in excess of seventy (70) feet in width, to be constructed within the area shown on Exhibit "A-3" hereto; d. The perpetual and exclusive easement to construct, to maintain in place, and to maintain, repair, replace, reconstruct and use a vehicular and pedestrian tunnel under Wolfe Road and appurtenances thereto not in excess of seventy (70) feet in width, to be constructed within the area shown on Exhibit "A-4" hereto; e. City will initiate appropriate proceedings to vacate or abandon any public street rights in or to the air space or subterranean space which is subject to the easements herein granted by city, if requested by Westland to do so. 2. At the request of either party, the parties hereto shall join in the execution of a recordable instrument supplementing this Third Amendment so as to describe with particularity the area with respect to which the easements granted herein are located to the extent such easements are not described particularly in the Exhibits hereto. 3. The parties wish to amend and modify the Existing Agreement to terminate any and all rights granted to City in paragraph 1 of the original Agreement relating to the real property described as that portion of the real property shown shaded on Exhibit B to the original Agreement. city agrees to execute a separate document in recordable form ("Quitclaim Deed") quitclaiming, remising and releasing to Westland all of its right, title and interest under the Existing Agreement in and to the real property which is shown shaded on Exhibit B to the Original Agreement. 4. As additional consideration of the execution of this Third Amendment, Westland agrees to pay to city the amounts set forth (at the times set forth) in section 2.7 of the Development Agreement. Such sums shall be utilized by city in the manner set forth in section 2.7 of the Development Agreement. The parties hereto acknowledge and agree that the payments described in paragraph 12 of the original Agreement shall terminate in 1994. -3- 5. Paragraph 5 of the Original Agreement is hereby deleted in its entirety and the following paragraph is inserted in its place: "5. hereunder and shall certified addressed All notices and other communications given by either party to the other shall be in writing be deemed given when mailed, postage prepaid, by or registered mail, return receipt requested, as follows: If To citv: city of cupertino 10300 Torre Avenue cupertino, CA 95014 Attn: city Manager If To Westland: c/o Westfield, Inc. 11111 Santa Monica Blvd., suite 1700 Los Angeles, CA 90025-3348 Attn: President" 6. This Amendment shall benefit and bind the parties hereto, their respective successors, successors-in-interest and assigns. 7. Except as hereby supplemented and amended, the Existing Agreement shall remain in full force and effect and, as hereby supplemented and amended, is ratified and confirmed. IN WITNESS WHEREOF, the parties hereto have executed this Amendment and supplement to Agreement as of the day and year first above written. CITY OF CUPERTINO, a municipal ::~..R BARA KOPP L, or city of cupertino ?? WESTLAND SHOPPING CENTER, L.P. By: Westland Projects, Inc., a ~tion, Ge ral Pa tner Its: ft2øslr?øv7 -4- state of california) '" -#-- æ ) SS. County of~ ~) On this ~ay of ~~ , in the year 19~ before me, a notary public, personally appeared BARBARA KOPPEL and CHARLES KILIAN personally known to me (or proved to me on the basis of satisfactory evidence) to be the persons who executed the within instrument as Mayor and city Attorney of the city of cupertino and acknowledged to me that the City of cupertino executed it. A~~ ic for the State of California My commission expires: ~ /~ /~'?-z- '¡P~~"'~""""""""""""""<'>."'~"""<><9<><9 < ~~. OFFICIAL €'iAL ' o;¡ 1:! "'~.",'/~,.,"1 D,o~othYM, arieC I' îi "'- "',.,.;ý' N:è""ey PL311C J A~~;e IUS ~ -' 'A"A' ',UC"IA" ';;. ,'~y COmmjssi~ -' , ,c,'\KA COUNTY 'P -~"" ' .. - n txplres Sept, 18, 1992 d ;0"""°"'"'"0,""",""""" ,< " , 0<0"'<90<9"',",." County of ) ) ss. ) state of California On this - day of , me, a notary public, personally appeared , personally known to me (or oved the basis of satisfactory evidence) to be the son who this instrument, on behalf of Westland Pro' s, Inc., a california corporation, the general par r of Westland Shopping Center, L.P., and acknowledged to me at Westland Shopping center, L.P. executed it. for the State of california expires: -5- STATE OF CALIFORNIA) ) ss. CITY OF LOS ANGELES) On this 18th day of May, 1992, before me, Rory A. Packer, a Notary public, personally appeared Richard E. Green, known to me to be the person who executed the within instrument, and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the entity upon behalf of which he acted, executed the instrument. WITNESS my hand and official seal. nt of Westland Shopping Center L.P. Capacity of signer: Type of Document: Third Amendment and Supplement to Agreement Ir-' - - I~"">':'~".:<", OFFICIAL SEAL ::!~". RORYAPACKER ;;.:"" '. ; Notary Public-Califomia ',ot.-; ,. ,. LOS ANGELES COUNTY ,~.. .....~ My Comm, E~p;..Apr. 12, 1993 state of California) county Of~~¡~il ~ ss. On this ÝI! day of , in the year 19Íb before me, a notary public, pers lly ppeared DOROTHY CORNELIUS personally known to me (or pro d to me on the basis of satisfactory evidence) to be the persons who executed the within instrument as city Clerk of the city of cupertino and acknowledged to me that e ity of cupertino executed it. ~',<9"""""t<O""'",<9""'"<9G<50"'O,<9t<9""'~' , OFFICIAL SEAL ~ ROSERTA ANN WOLFE ~ NCT ARY PUBLIC. CALIfORNIA 8 ; SANTA CLARA COUNTY ~ ; ,My Commission Expires June 11, 1993 G ~,- '.'."N"N.."GN¡¡}"G>:IG>:I~G>:IG>::G>::G" My commission expires: GPM244c/5272-1 -6- I 1/ If U 1 ----"J~--. I I. -p' .---=--,~.- ,. No ! TAHTAU AVE '. ~ .. ~ . it : - ~,. :& .. ,,:\ ~~ !:!. \!I .. /(I , t' .. ð I ~ .. . .------ @ ~,.. _..~ ~ .... ........,-..--.,..."-,,.. '".,-,........."..-.,,"'..,"" - '" T"", "" '-""" c-,...' @ ~ ~ .. ... 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