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Attachment D - Satisfaction and Release of Lien Agreement

Victorville City Council
January 21, 2025

Document
Attachment D - Satisfaction and Release of Lien Agreement
Meeting
January 21, 2025
Body
Victorville City Council
Original file
84 KB
Text extracted from the city's file for reading and search. Open the original on victorvilleca.primegov.com. That file is the official record.

Attachment D
Lien Agreement Release
Recording Requested by:

The City of Victorville
When Recorded Please Return To:

CITY OF VICTORVILLE
14343 Civic Drive
Victorville, CA 92392
Sect. 5, T5N, R4W, SBM
No Documentary Transfer Tax is due on the document
pursuant to Revenue Taxation Code Section 11922

SATISFACTION AND RELEASE OF LIEN AGREEMENT
TRACT MAP NO. 20275
WHEREAS, the City of Victorville, hereinafter called “CITY” entered into a Lien Agreement with KB Homes Greater Los Angeles Inc., a California corporation , hereinafter called “SUBDIVIDER”, for the substitution of existing security of Tract Map No. 20275 ; and
WHEREAS, said Lien Agreement imposed duties, obligations, and requirements on the City and Subdivider; and WHEREAS, such performance, obligations, and requirements were recorded on November 9, 2022, as Document No. 2022-0369306 in the office of the County Recorder of the County of San Bernardino; and WHEREAS, the properties listed herein were included inadvertently as part of the properties of the Lien Agreement and are in full compliance with said Lien Agreement in terms of performances, obligations, and requirements; NOW, THEREFORE, in consideration of these properties having a lien against them inadvertently and in compliance with said agreement hereinabove stated, the CITY hereby releases the properties from any further duty, obligation, or requirement imposed pursuant to the above indicated document only, and the same is hereby deemed of no further form and effect and shall cease to exist as a lien, duty obligation, or cloud on the title to the following described real properties:

SEE EXHIBIT A
I hereby state that all performances, obligations, and requirements required by the Lien Agreement, herein identified, per Title 17 of the Victorville Municipal Code required for Tract Map No. 20275 have been complied with, or otherwise provide for, on the hereinabove described property.
_________________________
Fredy A. Bonilla, City Engineer
R.C.E. 70349

CITY OF VICTORVILLE
By: _____________________________
Elizabeth Becerra, Mayor
ATTEST:
________________________________
Jennifer Thompson, City Clerk
APPROVED AS TO FORM:
_________________________________
City Attorney

EXHIBIT A

LEGAL DESCRIPTION
Real property in the City of Victorville, County of San Bernardino, State of California described as follows:

The northwest ¼ of the southwest ¼ of Section 29, Township 5 North, Range 5 West, San Bernardino Meridian, in the City of Victorville, County of San Bernardino, State of California, according to the official plat thereof.

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