22-104 Contract of Purchase, Monta Vista Water Works dated 07-06-19591HIS AGP..FJ~MID,T, made an d entered into this _§1!.L_d.a.y ot
EJJ.i!g. 1959 9 by ~nd b~,twoer: the WATER liOR.1{S OF MONTA VIS'X'A, LTD.• e.
CPlifGrr.ia co)~pox·ation, a:-J herein c a lle d 11 Compa.n:7~, e.:nd tho CITY OF
CUPEF:·rn,ro , Ca l ifornla, here in cn lled "c i ty111
o
W I T N E S S E T fl
WlfEhBAS P Company is a corporation du: y formeo. under 'tb.a
lt:t W3 of the St,J.te of Cslli'ornia, s.nd 1s the o ·,vne r and operator of
e we.tar supply, storaga and distribution syat9m ~ith1n en area known
11.o; Mont 9. Vista and Cupe1't::.no, and lying partly wi tbir;. and partly
with out the City; and
WHEREAS,. thEl public 1nter0:-;t 0 <:lCOr..omy, F,nd ge ne ral w•e lf'a.r e
will be served by Company selling said water system to C~ty, and by
C ity purchasi~s s4id watar system from Co~pany; and
WHEREAS, certain a.men<.i"!Y~nts are deemod a,dv isable to the
Contract of Purchase heretofore onterod into between the parties on
June 15, 19590
NOW ~ Tlr~"FORE,. IT IS AGREED AS F'OLLO'NS:
L That corte.in Agreement b etween the parties dated J·une J..5,
1959, is teri.'11ne. ted and can~elled tis of th.e effacti ve da. t'9 of this
Contr·t.a.ct of Pm""chaee ..
2. Company ag:rees to sall said wa.tez• system t o City, and
Cit-y e.gi•,:11€\B to pv.rchase said water system from Company.
3. Tb.a pUJ."CLlJ:lse price for the assets th~reof, is t.he sum of
700.,000 .. 00 {SEVEN. HUNDRED THOUSAND DOLLP..RS} o
e-:r-i~d 1n ~ swP. 1rmffieisnt to i:-~t t~ pu.r.•~:.bss,, pr .'i.i::fh In tM ()Vent
n~lc bo~d~ U9 a]r.)t ~u.thc-1•.iz,s;o. ~itnin a ptiriir;d of t h~~e ( 3) mm.ithii fi-&11
5 . Cit:, shall :pny too p ·ar>1it•.111J1.s pT'i c e i n full i n to e~crcw"
•.>n or bo tore F@bru.ar, l e 1960 , &n tl 6 in too a vant i&id payme n t 1o not
by ~.?$I-rD.tion of l &w 11 Co-ro p limy, upon giv 1ng notice in '0-iriting, m.ay ter-
minate thim agreeme nte
6~ From &~d ~£ter the date ~f transfer of title?. too Company
s hall contimlO to op<3r ta t e th~ 'ilf!!.t e r works for a perlod of not la.BS
tha n th.i."'f)@ ( 3 ) ~ontb.s or until the Company is notified of tar-ml.nation
in writing by City in a laaser periodo
7 0 Said water system s.!l<l the cassets thereof, .save and exce pt
a ccounts receivable and c~Gh-i~-hand or in Banke, shall include but
not be lim.1.ted to the follo wing:
A~ Al l that ra a l prop erty a nd !~ters ~t M 1B fijl l
pi'•operty sltu~.te,i lying and being in the
County of Ss.nt&. CltU'fl.,ll State o f Ca ll.fornia,
as more p a rt1cularl-;y· d tH3crib~d and set :forth
on Exhibit A a ttache d hereto and by referenc~
here by incorpora ted t ~rein, and likevise any
other r e al property and i.::.itereats therein.,
1ncluo.iz,g rights--of-way, now o wned or here.;..
after acquired by the Company~
To be included in the f oi-eg oJ.~\3 is the follow-
ing descrlbed property whic h tile Company shal l
cause to he deeded to tha City prior to the
pa.yment of the total purchase ·price: ALL OF
LOTS 14, and 15 s Block 3, s.e shom1 upon tlat
certain Map entitled, "Subdivisi on NO. 1, Monta
Viet&,~ ~ict m.ap was filed for record in the
o ffice of the Hec0rder of the County of Santa
Cl~ra, State of California on November 18g
1907, in Book M of Maps, &t page .4,a
B.. OTHER:
3 etor&ge tank.la, (600,000 gals. capacity)
lO Pumping Unitll
l ~P s x-coliatior>. Pit 11 4 iellre
l RO f)G 1 "'1 r.i.g ro fHU•V O ll."
Appr ox:'.iJMt l y 14-o~ooo ~t ~ of tr&M~itu1~n
a nd di t:i:"':1'.b ut io:a main.so
L~proxi~tel ·"'" 1 3 ~10 ~t~rt, e:~d. 0 01~v1.1:Hae0
Ml~H;ellea11--.:H:,1.t.3 ,_,q-ni~nant (i,'
lrt".1.1 .t,mtor i e~
,r~;.-;:.~~
Vitt.mg~
Ptmphov1$@ ~ t :1•\.,.c tm•sa
\\fo.,l';t-r rl~h·c~ 11 and &11 ri ght~, ~ d.utl.')ii
u.nt:1_.,,1• {')X.l~ti~s Cc..~;pa;i~y em1t :Ns.e t 9 ,o;itc~pt
~~ h$t>1.:d.JG'..!kftg,:r Pl"OV i <'l.e d11,
r. .,, RESP.:ffVAT I Ola::
All ~on,t:\:"m.ctuzi.l obl_i t~at l o ~-<s of Wa.te r ii{:.!"1-ra,
a~ or tM dm.te of th1~ ~gi~e am,s n t , s h a ll bindg
&n~. inm-€:1 t .:, the b~rAGf it o f City., City b.Gre ...
b y a~kuo wl,~.:ig e o t ha t it M S heen app:r1sod
t Mt Wa te:t:-Wo r,-k@ hat.I :Nu h:.,r~·~d to Chestra·i•
D&mi e o., S r .,.11 et um.,.P tM right to eueh qu.an-
ti t;1t110 of f ree Wfl t e r &n w.\Y be r~qu.lr-i>d fc>r
d ome@ tie and r a a.s o nabl@ b e rieticl~.1 Wil0a upoi,
t he ir prope rty loca t®d 1n th® Coloey Tr~ct
1n .M Q"'tn V.Lnt5'1.:, C&1l.1Lfornio.,, comiiBtiug or 17
s.ertu:, mor('} O:i.4' le@a,.. This right" it 1m u..nder-
s toodg shall s p ecit'icsa.1ly in.elude~ but r,~11
not b0 lim:i t e d t o .,, not e xeea,'11.ng oll6 hundred
(100) hours or 1rr1ita.tion wtAtor of not le1111»
thf.m .r our htmdre,d ( 4()0) gall one p&r minute
pe r &nown IIAS long e>.l!l aaid vro~rty .11 or any·
portiou th.er~of 8 shall be f~t--med as an orcruu-d&
The t'oregoing . rGP~rnrT :lli. tion shall be as~ortible
by 1H1id c;b.sa ter Drumico, Sro ti et w;:;,o, or tbs
hioi1rs of either of them as long as theyg or
any of th.e m.,, .!:!ruill remain the ot1Jners of the
a.for&said property, or any pe.rt -thersof o St11id
fight; lWW!t'?iat, a 11~·11 not be otber.-wi!le asai§n-
a ble .,
8., Also included si.re al l corporate, .fedel"al, s tatti, munic~-
pal and 0tl'wr permi ~s ~ cona(':'snts 9 1:i.cen,'.HHJ i:, franchiaaa, grants .9 pr 11,i ...
loges and immunities of every kind and d e scription :nou,z belo.ng1ng to or
w hich ,nay her::-eiafter be held, o'S!n&d, an.joyed or podaeased by the C<lmp.,,,
,i,.nyv and all ranew &lfl., e x.tensions and modificationa of &.ny of th.0m; and
9.. All c,trwr propei:t'ty 9 reali, pe:raow.l or muad, tanglble or
1ntang1.ble, ( oth.:ir trum e .1.cept1:ld :rroparty a.s here ln.s.ft.er def 1~,d) of
or whieb w.&'J' ~x-a~ter b e a c q ul:--a d by the Cooipany, it being tho t.u,..
tention hereof l) -t~.t "" c ubje,1;;t to p&yments therefor,, e.s hai"eina.fte:r-
provine, that all pro·perty, I'ig.bts and !'rQnchi.see Acquir~cl by the
C omp'1},.ny after the dMi.te ru:,.,i'·e,;-,f sl"ll'~ll be lf>nbraced hBre~
lOo Thei :,blig~tion of the City to pureb&so and o ft~ Comp.a
il
i-any to l"~ll 1r.i comL•.tJ.on0d u.p::-.Y-1 t,;t~~ ir,.pp1"',1,rnl 9 HS p:.'OVi®d by law,
ot tha tll.)l}Ui~t tlon of ~s.ic~ p~o_perty by t;l:;e Ci ty 9 Ert',d tlw autho1~ize.-
tion and sa.:!.lf.l o:r !'lcmds oi' the-City, suf'f':1cient to i:,r.ovidl:Y the City
with the nth'.'f•fHt."ary hw.da to f..cquire ~~a.id pl•operty within the t:Lme
to tbe City .free and cl0ar· of a.11 encumbrances e.xc.apt tb.at t.ho .t •ev.1
estate s hall be sold subjoct to a.11 cona..;.t1ons 8 re:c1t::-ictJor..s,. rig.ht ...
of-way, end eflsemer~ts,. i.f any 9 of' record, and said real estate r..tnd
phys:.ca.l 1::$Sets 3hall be sold su:.j6ct to -::a.xos and assessments which
may be a lien, but areJ not yet paynb::ta ..
12.. Said escrow agreernent shall prov.1.d.e for tr·.e payment by
the respeci;.!,v<e parties or thfl usual buyer' a a.."ld seller's chB.rges
and 3hall prov.1.da f0r p;,"o-r-a t.1.on of a ll insura.nc.e policies (which
a hall be ass ir;ne d in es crow) es crov. chare;es E .. nd other charges as of
the close of the escrowe
lJ . 1·he Compa.1.y sha 11 r0main liable l~or a.l.l custc-mers de-
posits with and custom.era advances to the Company and .s:C1all, except
ti:3 here1n otherwise provided, a ssume a.11 liabil1 ties of th0 Co mpanJ
including t.be i'oregoing and shal l hold the City har:nlesa from a.ny
liability the reon~
14., 'I'b . .e supplies are estimated as & value o f ' $5, OO OeCO, in
th'9 purch.a.so price. At the time of the transfer oi: the system, the
supplieH on band shall be 1.nventoried anci valued at original cost ..
Any excess in va.lus shall be pa.id for by City and. any a.mount less
them $5llooo •. oo 1.1hall ba dedur.ted from the sale pr.ieo of tr..e nystem"
l,S.. The Goi.1.pany :Jhall continue to ope ra te said. bus1noss R.nd
sai d prop11.,rties and re ,::eiv~ a.11 procee d a f'rom, and pay all expenses
of m.alnt0n..1u1ce and op~ra.tion with respect thereto, to tb.e d:,_,.y of
the transf'er o:f p,:,f,H/;eission of the wa t, r syatem following tho 1:.:loeo or
.. i.
requ1r"'d to lM.ke
e-nd Jn the ovirm1~ u.n,y cuch m~jo:l:" ca.pi t8.l imreat:ment.s or capital
1mprovemeIJ.ts a.r.-e requir.:-Hl.o th~ C0:npe.n:r shell ob·!;all.1 the consent of
t.he Cit:y w.~.th r.e,spect theroto prJ.or to maki ng Bame, and the cost o!l
bi'} added to the pu;-cba.s ~ pri-co to be paid o;,· t.h£ C 1 t.y to Co::npany.
be m&de available forthwith to City.
170 In the event of' a b·.:m.a .fide dlsp'..ite oetwaen the Cornp&ny
an.1 :"~1~ City (J.S to any matt~r which may ariso l:wreu.nder., such dispute
shall be ar,t,1trated between the pRrties in tha usual mn nner, and a
decision re:ndered upon such aroitrar.ton !3hall be b1nd1ng upon the
:~1§.l tie§.
18,. Wit:W.n thirty ( JO) J.ays f',fter the approval of t!'..e bond
is sue., tlvJ Company and the City .shall make appJ.l ca. tion to the Publi ~
t.Jti tl tie:.3 Co.::mnisn ion of t,he 2 ta te cf California for an order author••
L'!lng tl'::w Cc:npany to discontJ.nue its public 12tility c-bli 0 a.ti ons with-
in the a.n,a se:rvec. by the Cc;mpa.u:,• ~ P:.nd insofar as said obligations
relrite, t0 tho facilities which re the nui.,ject of this agree~11ent of
r1al0t and ,authorizing tha Com,'Jany to trans.fen· .said property to the
City. The -.,bligations of the 1';1 ty to pa~7 the total ~nn;~ stated here-
in i.s sxprotJ ,l:llJ made condi ticn.a.I u _p on the :Uuunnce by the P'!.lblic
Ut:'Cd.ties Com•.nl ssiou of the ~ ti\ te of Cal.if'ornL~, ;>ric.1r to the close
of ria:Ld escrow of its l.1 rd e1· autr.·0:::i.2 . .ln.g tbt) GompanJ so to discont;inue
1 t.s p·ubllc oo:'.if;atiom, and to tran.i;~-~r said property to the City.,
sala 9 this Agreerient m,J.y be tc:."T.1irn1tad by Compr.my.
IN WITMESS WHERE01'',, the pe.rtir-;s h0rt1to hav~ ex~cutsd .,;h\s
Contra<~t c,j~ Purchener by their offico1's thereunto duly autho:i:oized
CITY OF CUPER'rnrn~ GALIF'OP.J.LLA
APPROVED AS TO rOhM:
(cl.T7EST:
(SEAL)
All. ':thr11'i c:e1."tain real p:t.'Operty tJi t ·,H1te-in the C'.{lV/4lty of' S~rrta · ~l~n,, ·
Sta.~.i; c,'.f Califam.i,e., douierlbed ~g. followru
1\.LI. OF WT Ze, ~HS ~hewn ~n -chat certain Map lj,!1U tladi7 _stf,fap of Q ►l,~
Tr1,ct Mont.a Vist~~ u which Map wh!Sl filed for r1.eeoz-d. in the-of flit• #'f ·
i;b$ Jtscordtl.r of the Com~, <if Santa ClaI"a~ State of CaU .. fc.rniao on,
April 11, 1917 in Book P of Ma~s, at rag$ 2.l.
P A.~CE.L '11-U~.EE
Atl th&t c~rt;.llrt real property &i tuate in the City of C.\!.pertJ.no~
Cot.anti,· oi Santa Clara., Stato 0f Cali fo:rnie." dei.lcrlbed ~fi followo:
BE~ING at_ a 3{4 _il.\Ch i:r '{;!r! pipe on the E~~·t,rly l!n~ of §1; lliing
ftoi!i3 as 4!-&t.ab.U.~ha-d by Beed from Fred E. Koh-re et ~l tQ ~unty of
Smta Clara, reeoxdetj Apr.il 2, 1945 in Book 12~3 Official Reco1:ds,,
i£t p~~l.i 428., Sarnt Clar~ County Rei.tcords, dist.mt Southerly the:reo,n
4!£>.00 f~at fros tf 2~ .'IC s~ stake at the inte:rfl\ectic,n th~~eof ·wi t.b
the ~~rt}M,rly line o:f Homestead Road 60 ftH1t wid~J thence Souf.:h~rly
aler.i9 t,.h1., said )::a1storly line of Stellirtg Road 75 .. 00 feet to a 3/4
ii~ch ircrt pipe; then.ca ,,t rl<Jht mgles Easterly 120 .. 00 feat t., a /
3/4 i~ch iron pipe; thence at right angles Northerly 75.00 feat to
a 3/~ inch .iron pipei thtmce at ri9ht angles Westerly .120 .. 00, 1,eet
tc, th'IY point of beginr:d.n~·~ Md being a portlon of tho Scn.rth·1.:\'e1;t
l/4 of Section 12,.. Township 7 ~ Southt Range ~ West, M. D. B,. l~ M.
PAR'Ca, POUR
A.ll-. th~t eertaih"l :real px-operty s1 tuate · in the: City of S~yval e,
Co•~ of Santa ,Claraio St&t,~ of Califtirnia, claseribed as folluw :s
B~XKQ at poi!';1t c;,n ·th~ Wtu;;terly 11.ne of that certain 10 ;aci-,J
tr,ao,.~~f. land deFJC.\ .. lb~ in th& 1.:>eed f:t0-li May R-Cl"·i:r~,. a wido1H~ ~J~..,.. ·-14 iRt:ho,. · ~-i ux~ dutod July ~7 o 19316t i-e~_ord@d JuJy is,_
lt3~;~1 l?_t'JO~ 78~ ~ilci.al Recrn:de,. at pt.ge 20111' ·$-tm,t Cl~t'~)~~eiy .
~--~ . ",; 4!GtaAt theroon t4Qrt!', 866.,00 feet fi~·:the" Southffi#.&~· ~:l/..y.
c~tJf\~t~!'~f ~ th~ cmt~r l.i:_ne cf Home~t~ad_ JwadtJ the.,co\.-·:ttti , . ,
itk~~til..ff-:~ ,-4,d,<t ~e&tot'l)' lit,>.i!J ut tha 10 acre t:~aetl) '15,0Q_;: r, tJ. :: _v :,, ·::,;;.-<~
t~~~-•-.. ~ ... ·/~·, •t ~g!\t an9les ~~~t; 1·2~,,00 foot;.: th~~~)r~ :r~9~t :.,~,;. -~ .' ._,>:-;.,/J:~{~~ff,l,.
I ,7/.• \ 1• 1 • ' 1. ,, ',/,.;t'~/~·1,1:,_l, if•
•
•,,':~\ : ~::•~• 1 • , ~/' ', '•-' '} I t',v-1~•·tf'.•<fr ... :•.,•
"1'j1'\'f'£St~!'«' a · .-·~ .-... \~ .. : .v., , .... -r~!-{,"lt.l,?~ , ' ./'· '.-~ ' .:,~~""'1· ·,..,, . . •. . .. ' (' : ' ·,' • •,', .. -:..~·;li.<X•-J~~,;
.:., 1, , : ... ,' • '.~: ~-~ ~ ·., • .. , ,. ·~. ,. / t, u ,l-:;
" . • :· 1\':,.::{>,_-.:,t: ·,·.'.<Jt1-*/) ..
I•, ·:,; tl4~ftt ,~~~~ I • •,· ;\l'~•; ••••"•:\•:••
::\•-,,.._...,.._
PAACE.'.. FIVE
All that c e z-tain r~al property si t :uat~ in the County o!" Santa Cl~ 111
Statt.:. of Califo:r:nl:.i., d ~H,cribe cl a$ folle;'.WSJ
Al1t OF ior 9 6i a& SjiOWi " pr n 1 t}Ht ("Q l"te l n Map .flti Urid ~ ij Ttac t Mo ..
1647 ManN Crc?.ft. Ma~V)I Ur.it 3 "'., which Afap w.;s fil$d for re~o.rd in th3
offiee of the Rac-.orde,:r: of the Cci\n-~ty of Sarit.s Clar~~ Stet of
C alifo.t-ni a , an. March 27. 19~6 ir~ Book 68 of ~c]p!li., at pig,& 8 .
PARCEL SIX
Al l t ha t certain real p :rop ~rty ,.i tu at.a in the Ci t1,, o f Cupertino,
County of Santa Clara. S t at~ of C.:'lifomia, dtHCl'i.bed as f "'l low-s:
BEGIHMU~G ~°' a; 3/4111 iron p1.;:>e ~et on the Westerly lil, cf that
certdn 2C ,1,;r e tract of la.~'01 dei6cr.i.b~d in the ~oo fn.1 Chirl~s
Boctac.h~ et ux, to Charles J,: Gibson~ dated March 1., 18'S4 ~l~
reco~ d March 111' l884e in Book 72 of fJ~~da.., -~a9 2lff, S int~
Cl~~a County Records~ di11t~.t thereon S~th OG · 05' 45 .. ~ W~t,t
1.·:,,,5 .00 feet f~m a n~il set at the Nort h't'!test~rly ·comer t h 0r1Jt,f i r.
the c ter li.ie of Ho: e1»tead Road; the~t-~ f:r.o:a aid poi,;t c f
bo~g South 1)@ 05 1 450i We$t ahmg Ilia.id 'l~H,\telt'lv .1.irMl o f ·t111e 20
acr:t.1 vact eo .. oo faet to er. 3/4q irt,n pipct~ t1'"n(;e ~-uth a9 11t 5 :3 .~
West ~pd p.s,:-al lel with. said cent~x-l,;ln~ of Mi,~1et ad Road 135100.-
fo~i w _,a ,. 3/4~ i roll pip~, th~l(;e ~rih Q• o~t · .. 4~1ii ·2;. t ..,~ 'pa:tul11l
wi,th ~aid ,W0 t erly l ino of t~~ 20 aer-3 t .ra.~t 80.00 feet ·to · a .J/4"
iron p1.peJ tht n ~~ No rth 8~ 5'!,~ £a t M_}d par.~llel wA;tl\ ·-· aid Cfflte r .
lililO cf ~l)te5d Road 1 25.00 fget to tt1~ pciint 6f b~i~~J
i
~ .i
i:
f
I,
f
·I \~ I
~: ·~ .;. l
I
' ...
1CG?IMfR W!l'H atu.i at:, ~;-pYXtMHmt to and f o1· thee ~a,¢! t -t?f: ··t.~ -
abo~G d~eerib~d 0~2?.9b acre tr~c.t a non-e xc l~~ive e&ae~e~t -fo~
th~ pu-c~:-0$0 of in9:c~s,~ ~"td egresi~i; ~r,d fo:~ th~ in$'tal1&tion .rmd
~inten~1co o! pub!l c utiH, tit,1te over a t 1lrtp of la.11d" l~~CO
fo~t. in width~ th® Ea~t~:.-1-y lltH? t'lf which ia m.orG particularly ..
d~~erl.b(Yd ss f ollowsr. · -'. -
a~ at [fl n~.l!.l sat .in thet ctrfiter line of Hom-'i:?~t1&&d t'ioad t
t..~dJ North-wes'ts.trly· corn~x t"lf tr.t1t cer t~in 20 atti'o t~act of land
d~scrtbed !ri th1a Oa,ed f'r!ii~ Charl ,:!)$ Bodte,ch ~t u~fjl t~ Charle 3.
G:lbti;<llh (fated M2.rth l 1r 1H84 ~nd xi1:H;,:,:c,-Jed M1rch 1 9 !884 1ft Beek
12 o! Pe>eds., paigr, 238'll s~nt.n Clara County Rec-Dx-dsi thence fNB
e..aid po.f,ut of b~9i.fl':i$U'l9 &:luth 012> 05ij 4!)ra Weet ;;,long the W~Hterly
line of s;a.f.d 20 aecre ·tract 195 .00 feet to ~ 3/4" iron pipe ~,d
th~ t~n~4nU$ of t~id ~a~~~entv
----
' ..
/'/)o/'✓Tr) J/1:STA
.,
Thki ill not a. '1,\UV01f oi tho land. hut liii cc1mvJod for ittfom1ation ~nly hem d:iur l!Jio·M~ :i,, official :rocrrds..
CJ~Lff0!00.11-fA<.:.rr,c nru: tNSUXANCf: co .. 6e ti,. l."!JCST .;,T .• l:l.!\M lOlw.. CAJJf'.