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25F - AGMT - SETTLEMENT GRAND AVE WIDENING
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25F - AGMT - SETTLEMENT GRAND AVE WIDENING
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Last modified
7/11/2013 1:52:21 PM
Creation date
7/11/2013 12:25:22 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
25F
Date
7/15/2013
Destruction Year
2018
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Project: Grand Avenue Widening Project <br />APN: 398-454-12 & 13 <br />Tenant-Seller: Western Dental Services, <br />Inc. dba Western Dental <br />AGREEMENT FOR ACQUISITION OF TENANT-SELLER'S <br />IMPROVEMENTS PERTAINING TO THE REALTY <br />THIS AGREEMENT ("Agreement") is entered into as of this day of <br />, 2013, by and between THE CITY OF SANTA ANA, a charter city and <br />municipal corporation duly organized under the Constitution and laws of the State of California <br />("Buyer"), and WESTERN DENTAL SERVICES INC. DBA WESTERN DENTAL <br />("Tenant-Seller") for the acquisition by Buyer of certain improvements pertaining to real <br />property described herein. <br />IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS: <br />1. AGREEMENT. Tenant-Seller agrees to sell and convey to Buyer, and Buyer <br />agrees to purchase and acquire from Tenant-Seller, upon the terms and for the consideration set <br />forth in this Agreement, all right, title and interest, in and to certain improvements, including <br />fixtures and equipment (collectively "Improvements") located in, on, or affixed in any manner <br />to the premises known and numbered as 1221 E. First Street #A, Santa Ana, California <br />("Premises") which Premises are part of that real property described in Exhibit 1 attached <br />hereto, located in the City of Santa Ana, Orange County, California ("Property"). The <br />Improvements to be conveyed by Tenant-Seller are a part of the Premises, and specifically <br />include, without limitation, the items described in the list of Improvements Pertaining to the <br />Realty attached hereto as Exhibit 2. <br />2. PURCHASE PRICE. The total purchase price, payable in cash through this <br />Agreement, shall be the sum of. NINETY THOUSAND ONE HUNDRED FIVE AND <br />NO/100 DOLLARS ($90,105.00) ("Purchase Price"). <br />3. CONVEYANCE OF INTEREST IN IMPROVEMENTS. Tenant-Seller agrees to <br />execute a Quitclaim Deed in the same form as that attached hereto as Exhibit 3 in favor of Buyer <br />("Quitclaim Deed"), relinquishing, releasing, and forever quitclaiming to Buyer all right title <br />and interest in and to the Improvements, free and clear of all recorded and unrecorded <br />encumbrances, liens, assessments, leases, and taxes. <br />4. RECORDING. Recordation of any documents delivered through this Agreement <br />is authorized if necessary or proper, upon acceptance by Buyer as described herein. <br />5. CERTIFICATION OF OWNERSHIP. Tenant-Seller hereby warrants that <br />Tenant-Seller is the owner of the Improvements and that no document has been signed by or on <br />behalf of Tenant-Seller for the purpose of creating any lien, encumbrance, or security interest in <br />any of the Improvements, and that the Tenant-Seller does not have actual (as compared to <br />constructive) knowledge of any claim of lien, encumbrance, or other security interest therein <br />EXCEPT personal property taxes. <br />Enp}LWT 2
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