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Attach 2 - DRAFT Termination of DDA 20230927

Hercules City Council
October 24, 2023

Document
Attach 2 - DRAFT Termination of DDA 20230927
Meeting
October 24, 2023
Body
Hercules City Council
Original file
31 KB
Text extracted from the city's file for reading and search. Open the original on hercules.legistar1.com. That file is the official record.

RECORDING REQUESTED BY
Old Republic Title Company Order No. _______________

WHEN RECORDED MAIL TO
City Clerk
City of Hercules 111 Civic Drive
Hercules, CA 94547
REQUEST IS MADE THAT DOCUMENT BE RECORDED WITHOUT FEE PURSUANT TO G.C. §27383

TERMINATION OF DISPOSITION AND DEVELOPMENT AND AGREEMENT This TERMINATION is made November 14, 2023, by The City of Hercules, a municipal corporation of the State of California (“City”) and The City of Hercules, as Successor Agency to the Hercules Redevelopment Agency, (“Agency”) and Hercules Hotel Development Group, LLC, a California limited liability company, (“Owner”), as successor in interest to Developer, as to the real property hereafter defined, with reference to that certain Disposition and Development Agreement disclosed by Memorandum thereof dated April 11, 2006, and recorded June 26, 2009, in the Official Records of Contra Costa County, California, as Instrument No. 2009-0151069.

The Disposition and Development Agreement was made by City, Agency and Hercules New Town Center, LLC, a California limited liability company, (“Developer”) with respect to certain real property situated in the City of Hercules, County of Contra Costa, in the State of California, that portion thereof belonging to Owner being particularly described as:

That certain real property shown on Parcel Map No. 1007, filed August 2, 1977, in the Official Records for Contra Costa County, in Book 56 of Parcel Maps at pages 42 and 43.

EXCEPTING THEREFROM:

That portion of said land as described in the Grant Deed to the State of California, recorded June 11, 1993, in Book 18645 Official Records, Page 685, as Series No. 93-155095.

APN: 406-070-042
Notice is hereby given that said Disposition and Development Agreement is no longer of any further force and effect as to the above-described real property, and the parties mutually release each other from all terms, covenants, obligations and provisions contained therein.

CITY:

The City of Hercules, a municipal corporation of the State of California By: Dante C. Hall
Its: City Manager
AGENCY:

The City of Hercules, as Successor Agency to the Hercules Redevelopment Agency, By: Dante C. Hall
Its: City Manager
ATTEST:

Eibleis Melendez, City Clerk/
Successor Agency Secretary
APPROVED AS TO FORM:

OWNER:

Hercules Hotel Development Group, LLC, a California limited liability company By: Amin–Anaheim LLC, a California limited liability company Its: Manager
By: Mahesh D. Amin Its: Member
By: Meeta M. Amin Its: Member
By: Indumati Desai Its: Manager
By: Arvind Desai Its: Manager
Patrick Tang
City Attorney

STATE OF CALIFORNIA COUNTY OF CONTRA COSTA
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
Name:

STATE OF CALIFORNIA COUNTY OF CONTRA COSTA
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
Name:

STATE OF CALIFORNIA COUNTY OF CONTRA COSTA
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
Name:

STATE OF CALIFORNIA COUNTY OF CONTRA COSTA
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
Name:

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