KSL/Memo of Option Agr - 2002RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO:
RUTAN & TUCKER, LLP
P.O. Box 1950
Costa Mesa, CA 92628 -1950
Attn: M. Katherine Jenson, Esq.
°� Sfl�Zaey.
(Space Above For Recorder's Use)
MEMORANDUM OF OPTION AGREEMENT
By this Memorandum of Option Agreement, KSL LAND HOLDINGS, INC., a
Delaware corporation individually and as trustee and nominee under Land Trust Agreement
dated December 22, 1993 ( "Optionor "), and the LA QUINTA REDEVELOPMENT
AGENCY, a public body and corporate politic ( "Optionee ") agree as follows:
1. Optionor grants to Optionee the right to acquire, on the terms and conditions
stated in that certain Option Agreement dated April 29, 2002, that real property located in the
City of La Quinta, County of Riverside, State of California, as more particularly described on
Exhibit "A" attached hereto and incorporated herein by this reference. This option must be
exercised on or before May 22, 2002.
2. Unless a memorandum extending the above option is executed by all parties to the
Option Agreement, or their successors in interest, and recorded before 5:00 p.m. on May 22,
2002, this document shall be of no effect against the persons who would otherwise be affected by
it under California Civil Code Sections 1213 to 1220, as those sections may hereafter be
amended.
[THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK.
SIGNATURES FOLLOW.]
279424.02 aW,2 &0'_ Page 1 of
IN WITNESS WHEREOF, the parties have executed this Memorandum of Option
Agreement as of the date first written above.
1612KOM4 404
OPTIONEE:
ATTEST:
d, Agency Sec etary
APPROVED AS TO FORM:
RUTAN & TUC R, LLP
Agency Counsel
KSL LAND HOLDINGS, INC.,
a Delaware corporation
Name:
Its: President
KSL LAND HOLDINGS, INC.,
a Delaware corporation,
as trustee and nominee for the benefit of
KSL OAK LAND L.P., a Delaware limited
partnership and KSL DESERT RESORTS, INC.,
a Delaware corporation
Name:
Its: President
LA QUINTA REDEVELOPMENT
AGENCY, a public body, corporate and politic
By: t,._ tip
Name:
615/015610 -0048
179424.02 a04/26/02 Page 2 of 4
STATE OF CALIFORNIA )
ss.
COUN'T'Y OF
On . i+ I 1 2-00,.)- , before me, --'P>a r ba rci L2 rS� , Notary Public,
personally appeare I- C N L i �t�L
personally known to me to be the
person(?) whose name(s) is /asesubscribed to the within instrument and acknowledged to me that
li&shrfthey,executed the same in his/he"4hek authorized capacity(ies); and that by his/hes4heir -
signature() on the instrument the person(#) or the entity upon behalf of which the person(9f
acted, executed the instrument.
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STATE OF CALIFORNIA )
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COUNTY OF Rev s' 7� )
On tl A I , 20 02 before me, bCCrc` bt -fSA-, Notary Public,
personally appeared L'k: -'�) � . L- ( C rf L- i C Ei
personally known to me (or preve e_ the hask -° atisfaaary-evidence) to be the
person(sj whose name(s) is /are subscribed to the within instrument and acknowledged to me that
he /shek#tey executed the same in his/hor4he4 authorized capacity(ies), and that by his/herkhek
signature(s) on the instrument the person(z) or the entity upon behalf of which the personw
acted, executed the instrument.
Witness my hand and official seal.
, + 9Al2. °ARA LA
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615,015610 -0048
' 379424.0^_ a0L36,02
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Notary Public
Page 3 of
P.1bft- Calttar + v I
= _
STATE OF CALIFORNIA )
ss.
COUNTY OF )
On before me, e�e� , ems/ Notary Public,
personally appeaz d
personally known to me ( to be the
person(g) whose name(,a) is /are subscribed to the within instrument and acknow ledeed to me that
X /she /tj ty executed the same in Vs/her /tlir authorized capacity(ies), and that by Ms'her, tbe-tr
signatureV) on the instrument the person(g) or the entity upon behalf of which the person(*)
acted, executed the instrument.
Witness my hand and official seal. _
R` -,FNIA HENSLEY Not Public
Commi_sion # 11744.58 z
Notary Pub1c - Cal -Iiamia £_
Riverside County
QMvCcmm.E,' &C19,27D41
615,015610 -0048
]]9424.02_ *N1 26,02 Page 4 of 4
EXHIBIT "A"
LEGAL DESCRIPTION
THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF LA QUINTA, COUNTY
OF RIVERSIDE, STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS
FOLLOWS:
PARCEL A
THAT PORTION OF THE SOUTH HALF OF THE SOUTH HALF OF SECTION 5, THE
EAST HALF OF THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF
SECTION 6, AND THE NORTH HALF OF THE NORTHEAST QUARTER OF SECTION 8,
TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN, MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE INTERSECTION OF THE WEST LINE OF THE EAST HALF OF
THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION 6
WITH THE CENTERLINE OF AVENUE 52; THENCE ALONG SAID CENTERLINE,
NORTH 89 055'34" EAST, 633.19 FEET; THENCE LEAVING SAID CENTERLINE, SOUTH
0 006'19" WEST, 55.00 FEET; THENCE PARALLEL TO AND 55.00 FEET SOUTHERLY OF
SAID CENTERLINE THE FOLLOWING FOUR (4) COURSES:
NORTH 89 055'34" EAST, 1075.47 FEET TO THE BEGINNING OF A TANGENT CURVE
CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 1945.00 FEET; THENCE
SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 46 043'49"
AND AN ARC DISTANCE OF 1586.34 FEET TO THE BEGINNING OF A REVERSE
CURVE CONCAVE NORTHEASTERLY AND HAVING A RADIUS OF 2055.00 FEET, A
RADIAL LINE THROUGH SAID POINT BEARS NORTH 46 °39'23" EAST; THENCE
SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 46 047'58"
AND AN ARC DISTANCE OF 1678.53 FEET; THENCE PARALLEL TO AND 55.00 FEET
SOUTH OF THE NORTH LINE OF THE NORTHEAST QUARTER OF THE NORTHEAST
QUARTER OF SAID SECTION 8, ALSO BEING THE CENTERLINE OF AVENUE 52,
NORTH 89 051'25" EAST, 859.04 FEET;
THENCE NORTH 0 008'35" WEST, 3.00 FEET; THENCE PARALLEL TO AND 52.00 FEET
SOUTH OF SAID NORTH LINE, NORTH 89051'25" EAST, 155.06 FEET TO THE
BEGINNING OF A TANGENT CURVE CONCAVE SOUTHWESTERLY AND HAVING A
RADIUS OF 291.00 FEET; THENCE SOUTHEASTERLY ALONG SAID CURVE
THROUGH A CENTRAL ANGLE OF 15 009'25" AND AN ARC DISTANCE OF 76.98 FEET;
THENCE PARALLEL TO AND 60.00 FEET SOUTH OF SAID CENTERLINE THE
FOLLOWING FOUR (4) COURSES:
SOUTH 89051'25" WEST, 1081.86 FEET TO THE BEGINNING OF A TANGENT CURVE
CONCAVE NORTHEASTERLY AND HAVING A RADIUS OF 2060.00 FEET; THENCE
NORTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
EXHIBIT "A"
,,, 2 942'40_2aO426/02 TO MEMORANDUM OF OPTION AGREEMENT
46 047'58" AND AN ARC DISTANCE OF 1682.62 FEET TO THE BEGINNING OF A
REVERSE CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 1940.00
FEET, A RADIAL LINE THROUGH SAID POINT BEARS SOUTH 46 °39'23" WEST;
THENCE NORTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE
OF 46 043'49" AND AN ARC DISTANCE OF 1582.26 FEET; THENCE SOUTH 89 055'34"
WEST, 1708.65 FEET TO A POINT ON THE WEST LINE OF THE EAST HALF OF THE
SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION 6;
THENCE ALONG SAID WEST LINE, NORTH 0004'16" EAST, 60.00 FEET TO THE POINT
OF BEGINNING.
PARCEL A CONTAINS 1.506 ACRES, MORE OR LESS
PARCEL B
THAT PORTION OF THE NORTH HALF OF THE NORTHEAST QUARTER OF SECTION
8, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN, MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHEAST CORNER OF SAID SECTION 8; THENCE ALONG
THE NORTH LINE OF SAID SECTION 8, ALSO BEING THE CENTERLINE OF AVENUE
52, SOUTH 89 °51'25" WEST, 60.04 FEET TO THE TRUE POINT OF BEGINNING;
THENCE PARALLEL TO AND 60.00 FEET WESTERLY OF THE CENTERLINE OF
JEFFERSON STREET, SOUTH 2 °12'44" EAST, 235.55 FEET TO A POINT OF CUSP WITH
A TANGENT CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF
171.00 FEET; THENCE NORTHWESTERLY ALONG SAID CURVE THROUGH A
CENTRAL ANGLE OF 72 046'26" AND AN ARC DISTANCE OF 217.20 FEET; THENCE
NORTH 74059'10" WEST, 55.07 FEET TO THE BEGINNING OF A TANGENT CURVE
CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 291.00 FEET; THENCE
NORTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
15 009'25" AND AN ARC DISTANCE OF 76.98 FEET; THENCE PARALLEL TO AND 52.00
FEET SOUTH OF THE CENTERLINE OF AVENUE 52, SOUTH 89. 51'25" WEST, 155.06
FEET; THENCE SOUTH 0 °08'35" EAST, 3.00 FEET; THENCE PARALLEL TO AND 55.00
FEET SOUTH OF THE CENTERLINE OF AVENUE 52, SOUTH 89 °51'25" WEST, 859.04
FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHEASTERLY
AND HAVING A RADIUS OF 2055.00 FEET; THENCE NORTHWESTERLY ALONG SAID
CURVE THROUGH A CENTRAL ANGLE OF 13 017'09" AND AN ARC DISTANCE OF
476.51 FEET TO A POINT ON THE NORTH LINE OF SAID SECTION 8, ALSO BEING
THE CENTERLINE OF AVENUE 52; THENCE ALONG SAID NORTH LINE, NORTH
89 051'25" EAST, 1733.26 FEET TO THE POINT OF BEGINNING.
PARCEL B CONTAINS 2.173 ACRES, MORE OR LESS
EXHIBIT "A"
615 27942 015610-0048 2.2 TO MEMORANDUM OF OPTION AGREEMENT
279424 02 a0in6i0?
PARCEL C
THAT PORTION OF THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 8,
AND THE WEST HALF OF THE WEST HALF OF SECTION 9, TOWNSHIP 6 SOUTH,
RANGE 7 EAST, SAN BERNARDINO MERIDIAN, MORE PARTICULARLY DESCRIBED
AS FOLLOWS:
BEGINNING AT THE NORTHEAST CORNER OF SAID SECTION 8; THENCE ALONG
THE CENTERLINE OF.JEFFERSON STREET, SOUTH 2 °12'44" EAST, 5267.69 FEET TO
THE NORTHEAST CORNER OF SECTION 17, TOWNSHIP 6 SOUTH, RANGE 7 EAST,
SAN BERNARDINO MERIDIAN; THENCE ALONG THE SOUTH LINE OF SAID
SECTION 9, ALSO BEING THE CENTERLINE OF AVENUE 54, SOUTH 89 °50'56" WEST,
65.04 FEET; THENCE PARALLEL TO AND 65.00 FEET WESTERLY OF THE
CENTERLINE OF JEFFERSON STREET, NORTH 2 °12'44" WEST, 297.88 FEET; THENCE
NORTH 1023'37" WEST, 350.04 FEET; THENCE PARALLEL TO AND 60.00 FEET
WESTERLY OF THE CENTERLINE OF JEFFERSON STREET, NORTH 2 °12'44" WEST,
3166.69 FEET TO A POINT ON THE SOUTHERLY RIGHT OF WAY OF THE ALL
AMERICAN CANAL; THENCE ALONG SAID SOUTHERLY RIGHT OF WAY, NORTH
89053'14" EAST, 30.02 FEET; THENCE PARALLEL TO AND 30.00 FEET WESTERLY OF
THE CENTERLINE OF JEFFERSON STREET, NORTH 2 °12'44" WEST, 130.09 FEET TO
THE NORTHERLY RIGHT OF WAY OF THE ALL AMERICAN CANAL; THENCE
ALONG SAID NORTHERLY RIGHT OF WAY, SOUTH 89 °53'14" WEST, 30.02 FEET;
THENCE PARALLEL TO AND 60.00 FEET WESTERLY OF THE CENTERLINE OF
JEFFERSON STREET, NORTH 2 °12'44" WEST, 1322.87 FEET TO A POINT ON THE
NORTH LINE OF SAID SECTION 8, ALSO BEING THE CENTERLINE OF AVENUE 52;
THENCE ALONG SAID NORTH LINE, NORTH 89 051'25" EAST, 60.04 FEET TO THE
POINT OF BEGINNING.
PARCEL C CONTAINS 7.220 ACRES, MORE OR LESS.
PARCEL D
THAT PORTION OF THE SOUTH HALF OF THE SOUTH HALF OF SECTION 8, AND
THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 9,
TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN, MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHEAST CORNER OF SECTION 17, TOWNSHIP 6 SOUTH,
RANGE 7 EAST, SAN BERNARDINO MERIDIAN; THENCE ALONG THE SOUTH LINE
OF SAID SECTION 9, SOUTH 89 °50'56" WEST, 65.04 FEET TO THE TRUE POINT OF
BEGINNING; THENCE CONTINUING SOUTH 89 °50'56" WEST, 132.94 FEET TO THE
SOUTHWEST CORNER OF SAID SECTION 9; THENCE ALONG THE SOUTH LINE OF
THE SOUTHEAST QUARTER OF SAID SECTION 8, ALSO BEING THE CENTERLINE OF
AVENUE 54, SOUTH 89 °59'23" WEST, 2647.64 FEET TO THE SOUTHWEST CORNER OF
SAID SOUTHEAST QUARTER; THENCE ALONG THE SOUTH LINE OF THE
SOUTHWEST QUARTER OF SAID SECTION, SOUTH 89 °33'59" "VEST, 48.00 FEET TO
THE BEGINNING OF A NON- TANGENT CURVE CONCAVE SOUTHEASTERLY AND
EXHIBIT "A"
615 %015610 -0048
,-
279424.02 a04/2&02 TO MEMORANDUM OF OPTION AGREEMENT
HAVING A RADIUS OF 48.00 FEET, A RADIAL LINE THROUGH SAID POINT BEARS
SOUTH 89 033'59" WEST; THENCE LEAVING SAID SOUTH LINE, AND
NORTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
105 027'16" AND AN ARC DISTANCE OF 88.35 FEET; THENCE SOUTH 74 °58'44" EAST,
50.00 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE
NORTHEASTERLY AND HAVING A RADIUS OF 100.00 FEET; THENCE
SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 15 000'38"
AND AN ARC DISTANCE OF 26.20 FEET; THENCE PARALLEL TO AND 30.00 FEET
NORTH OF THE SOUTH LINE OF THE SOUTHEAST QUARTER OF SAID SECTION 8,
ALSO BEING THE CENTERLINE OF AVENUE 54, SOUTH 89 059'23" EAST, 2514.64
FEET; THENCE NORTH 83 °02'52" EAST, 151.56 FEET; THENCE NORTH 44 °58'49"
EAST, 36.66 FEET; THENCE PARALLEL TO AND 65.00 FEET WEST OF THE
CENTERLINE OF JEFFERSON STREET, SOUTH 2 °12'44" EAST, 74.00 FEET TO THE
POINT OF BEGINNING.
PARCEL D CONTAINS 2.024 ACRES, MORE OR LESS
PARCEL 2
THAT PORTION OF THE SOUTH HALF OF THE SOUTH HALF OF SECTION 5, THE
EAST HALF OF THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF
SECTION 6, THE EAST HALF OF THE NORTHEAST QUARTER OF THE NORTHEAST
QUARTER OF SECTION 7, AND SECTION 8, TOWNSHIP 6 SOUTH, RANGE 7 EAST,
SAN BERNARDINO MERIDIAN, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE INTERSECTION OF THE WEST LINE OF THE EAST HALF OF
THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION 6
WITH THE CENTERLINE OF AVENUE 52; THENCE ALONG SAID WEST LINE, SOUTH
0004'16" WEST, 60.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE
PARALLEL TO AND 60.00 FEET SOUTH OF THE CENTERLINE OF AVENUE 52 THE
FOLLOWING FOUR (4) COURSES:
NORTH 89 055'34" EAST, 1708.65 FEET TO THE BEGINNING OF A TANGENT CURVE
CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 1940.00 FEET; THENCE
SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 46 043'49"
AND AN ARC DISTANCE OF 1582.26 FEET TO THE BEGINNING OF A REVERSE
CURVE CONCAVE NORTHEASTERLY AND HAVING A RADIUS OF 2060.00 FEET, A
RADIAL LINE THROUGH SAID POINT BEARS NORTH 46 °39'23" EAST; THENCE
SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 46 047'58"
AND AN ARC DISTANCE OF 1682.62 FEET; THENCE NORTH 89 °51'25" EAST, 767.06
FEET;
THENCE SOUTH 41015'00" EAST, 787.18 FEET; THENCE PARALLEL TO AND 60.00
FEET WESTERLY OF THE CENTERLINE OF JEFFERSON STREET, SOUTH 2 °12'44"
EAST, 669.32 FEET TO THE NORTHERLY RIGHT OF WAY OF THE ALL AMERICAN
CANCEL; THENCE ALONG THE NORTHERLY AND WESTERLY RIGHT OF WAY OF
THE ALL AMERICAN CANAL THE FOLLOWING SEVEN (7) COURSES:
EXHIBIT "A"
615/015610-0048 aO4Y2 6/0?
?79i ?4.0? a04/2 TO MEMORANDUM OF OPTION AGREEMENT
�.
SOUTH 89053'14" WEST, 2633.43 FEET; THENCE SOUTH 0 °00'06" EAST, 1320.62 FEET;
THENCE SOUTH 89 055'03" WEST, 20.00 FEET; THENCE SOUTH 0 °00'06" EAST, 420.29
FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHEASTERLY
AND HAVING A RADIUS OF 796.20 FEET; THENCE SOUTHEASTERLY ALONG SAD:)
CURVE THROUGH A CENTRAL ANGLE OF 28 030'00" AND AN'' ARC DISTANCE OF
396.05 FEET; THENCE SOUTH 28 °30'06" EAST, 74.10 FEET TO THE BEGINNING OF A
TANGENT CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 636.20
FEET; THENCE SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL
ANGLE OF 11002'55" AND AN ARC DISTANCE OF 122.68 FEET;
THENCE LEAVING SAID WESTERLY RIGHT OF WAY, NORTH 60 °30'00" WEST, 59.57
FEET; THENCE NORTH 74 °00'00" WEST, 188.00 FEET; THENCE NORTH 35 °10'00"
WEST, 68.00 FEET; THENCE NORTH 40 035'00" WEST, 111.50 FEET; THENCE NORTH
40 °50'00" West, 115.50 FEET; THENCE NORTH 75 °35'00" WEST, 93.50 FEET; THENCE
NORTH 36 040'00" WEST, 162.50 FEET; THENCE NORTH 19 035'00" EAST, 61.50 FEET;
THENCE NORTH 36 000'00" WEST, 172.50 FEET; THENCE NORTH 45 °15'00" WEST,
214.00 FEET; THENCE NORTH 43 °10'00" WEST, 173.00 FEET; THENCE NORTH
45 025'00" WEST, 146.00 FEET; THENCE NORTH 13 °55'00" WEST, 198.50 FEET; THENCE
SOUTH 82 000'00" WEST, 182.00 FEET; THENCE NORTH 58 °15'00" WEST, 187.50 FEET;
THENCE NORTH 46 000'00" WEST, 180.50 FEET; THENCE NORTH 31 °50'00" WEST,
108.00 FEET; THENCE NORTH 5 °55'00" WEST, 209.00 FEET; THENCE NORTH 10 020'00"
EAST, 180.50 FEET; THENCE NORTH 4 °40'00" EAST, 111.00 FEET; THENCE NORTH
2 040'00" WEST, 88.50 FEET; THENCE NORTH 14 °00'00" WEST, 202.00 FEET; THENCE
NORTH 64 040'00" WEST, 186.00 FEET; THENCE NORTH 67 °50'00" WEST, 187.00 FEET;
THENCE SOUTH 76 055'00" WEST, 124.00 FEET; THENCE SOUTH 3710'00" WEST,
122.00 FEET; THENCE SOUTH 88 020'00" WEST, 75.50 FEET; THENCE NORTH 88 020'00"
WEST, 75.00 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE
NORTHEASTERLY AND HAVING A RADIUS OF 70.00 FEET; THENCE
NORTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
72 025'00" AND AN ARC DISTANCE OF 88.47 FEET; THENCE NORTH 63 °25'00" WEST,
59.00 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE
NORTHEASTERLY AND HAVING A RADIUS OF 135.00 FEET; THENCE
NORTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
77 030'00" AND AN ARC DISTANCE OF 182.61 FEET TO THE BEGINNING OF A
REVERSE CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 47.00
FEET, A RADIAL LINE THROUGH SAID POINT BEARS NORTH 75 °50'00" WEST;
THENCE NORTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE
OF 105 045'00" AND AN ARC DISTANCE OF 86.75 FEET; THENCE SOUTH 88 020'00"
WEST, 75.50. FEET; THENCE NORTH 72 °20'00" WEST, 64.00 FEET; THENCE SOUTH
89 050'00" WEST, 88.50 FEET; THENCE NORTH 48 010'00" WEST, 89.50 FEET; THENCE
NORTH 38 035'00" WEST, 230.50 FEET TO THE BEGINNING OF A TANGENT CURVE
CONCAVE SOUTHEASTERLY AND HAVING A RADIUS OF 90.00 FEET; THENCE
NORTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
97 045'00" AND AN ARC DISTANCE OF 153.55 FEET; THENCE NORTH 8 °05'00" EAST,
116.00 FEET; THENCE NORTH 7 °05'00" WEST, 293.00 FEET; THENCE NORTH 45 °45'00"
WEST, 143.00 FEET; THENCE NORTH 53 °25'00" WEST, 284.00 FEET TO A POINT ON
THE WEST LINE OF THE EAST HALF OF THE SOUTHEAST QUARTER OF THE
EXHIBIT "A"
bism>mowoia o TO MEMORANDUM OF OPTION AGREEMENT
J
9i ?40? a04n6,
SOUTHEAST QUARTER SAID SECTION 6; THENCE ALONG SAID WEST LINE, NORTH
0004'16" EAST, 1068.43 FEET TO THE POINT OF BEGINNING.
PARCEL 2 CONTAINS 292.135 ACRES, MORE OR LESS.
PARCEL 3
THAT PORTION OF THE SOUTH HALF OF THE NORTHEAST QUARTER, THE
SOUTHEAST QUARTER, AND THE SOUTHEAST QUARTER OF THE SOUTHWEST
QUARTER, OF SECTION 8; AND THE WEST HALF OF THE WEST HALF OF SECTION
9; TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN, MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHEAST CORNER OF SECTION 17, TOWNSHIP 6 SOUTH,
RANGE 7 EAST, SAN BERNARDINO MERIDIAN; THENCE ALONG THE SOUTH LINE
OF SAID SECTION 9, SOUTH 89 °50'56" WEST, 65.04 FEET; THENCE PARALLEL TO
AND 65.00 FEET WESTERLY OF THE CENTERLINE OF JEFFERSON STREET, NORTH
2 012'44" WEST, 74.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH
44 058'49" WEST, 36.66 FEET; THENCE SOUTH 83 °02'52" WEST, 151.65 FEET; THENCE
PARALLEL TO AND 30.00 FEET NORTH OF THE SOUTH LINE OF THE SOUTHEAST
QUARTER OF SAID SECTION 8, ALSO BEING THE CENTERLINE OF AVENUE 54,
SOUTH 89 059'23" WEST, 2514.64 FEET TO THE BEGINNING OF A TANGENT CURVE
CONCAVE NORTHEASTERLY AND HAVING A RADIUS OF 100.00 FEET; THENCE
NORTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
15 000'38" AND AN ARC DISTANCE OF 26.20 FEET; THENCE NORTH 74 °58'44" WEST,
50.00 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE
SOUTHEASTERLY AND HAVING A RADIUS OF 48.00 FEET; THENCE
SOUTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
10502716" AND AN ARC DISTANCE OF 88.35 FEET TO A POINT ON THE SOUTH LINE
OF THE SOUTHWEST QUARTER OF SAID SECTION 8; THENCE ALONG SAID SOUTH
LINE, SOUTH 89 033'59" WEST, 414.84 FEET TO A POINT ON THE EASTERLY RIGHT
OF WAY LINE OF THE ALL AMERICAN CANCEL, SAID POINT ALSO BEING THE
BEGINNING OF A NON - TANGENT CURVE CONCAVE SOUTHEASTERLY AND
HAVING A RADIUS OF 1372.40 FEET, A RADIAL LINE THROUGH SAID POINT BEARS
NORTH 56 056'06" WEST; THENCE ALONG THE EASTERLY AND SOUTHERLY RIGHT
OF WAY OF THE ALL AMERICAN CANAL, THE FOLLOWING TWELVE (12)
COURSES:
NORTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 1034'00"
AND AN ARC DISTANCE OF 37.53 FEET; THENCE NORTH 34 °37'54" EAST, 814.10
FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHWESTERLY
AND HAVING A RADIUS OF 1492.40 FEET; THENCE NORTHEASTERLY ALONG SAID
CURVE THROUGH A CENTRAL ANGLE OF 6 024'00" AND AN ARC DISTANCE OF
166.70 FEET; THENCE NORTH 28 °13'54" EAST, 272.60 FEET TO THE BEGINNING OF A
TANGENT CURVE CONCAVE WESTERLY AND HAVING A RADIUS OF 776.20 FEET;
THENCE NORTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
56 044'00" AND AN ARC DISTANCE OF 768.58 FEET; THENCE NORTH 28 °30'06" WEST,
EXHIBIT "A"
615'015610 -0048
719424.02 a04i26/02 TO MEMORANDUM OF OPTION AGREEMENT
74. 10 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE
NORTHEASTERLY AND HAVING A RADIUS OF 656.20 FEET; THENCE
NORTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
28 030'00" AND AN ARC DISTANCE OF 326.41 FEET; THENCE NORTH 0 000'06" WEST,
420.48 FEET; THENCE SOUTH 89 055'03" WEST, 10.00 FEET; THENCE NORTH 0 000'06"
WEST, 954.66 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE
SOUTHEASTERLY AND HAVING A RADIUS OF 236.48 FEET; THENCE
NORTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
89 053'20" AND AN ARC DISTANCE OF 371.00 FEET; THENCE NORTH 89 °53' 14" EAST,
2292.43 FEET;
THENCE PARALLEL TO AND 60.00 FEET WESTERLY OF THE CENTERLINE OF
JEFFERSON STREET, SOUTH 2 °12'44" EAST, 3166.69 FEET; THENCE SOUTH 1 °23'37"
EAST, 350.04 FEET; THENCE PARALLEL TO AND 65.00 FEET WEST OF THE
CENTERLINE OF JEFFERSON STREET, SOUTH 2 012'44" EAST, 223.88 FEET TO THE
POINT OF BEGINNING.
PARCEL 3 CONTAINS 226.610 ACRES, MORE OR LESS.
PARCEL 4
THAT PORTION OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER OF
SECTION 8, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN,
MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHEAST CORNER OF SAID SECTION 8; THENCE ALONG
THE NORTH LINE OF SAID SECTION 8, ALSO BEING THE CENTERLINE OF AVENUE
52, SOUTH 89 °51'25" WEST, 60.04 FEET; THENCE PARALLEL TO AND 60.00 FEET
WESTERLY OF THE CENTERLINE OF JEFFERSON STREET, SOUTH 2 012'44" EAST,
235.55 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING SOUTH
2 012'44" EAST, 418.00 FEET; THENCE NORTH 41 °15'00" WEST, 787.18 FEET; THENCE
PARALLEL TO AND 60.00 FEET SOUTH OF THE CENTERLINE OF AVENUE 52,
NORTH 89051'25" EAST, 314.80 FEET TO THE BEGINNING OF A NON - TANGENT
CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 291.00 FEET, A
RADIAL LINE THROUGH SAID POINT BEARS NORTH 13 °19'22" EAST; THENCE
SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 1041'28"
AND AN ARC DISTANCE OF 8.59 FEET; THENCE SOUTH 74'59'10" EAST, 55.07 FEET
TO THE BEGINNING OF TANGENT CURVE CONCAVE SOUTHWESTERLY AND
HAVING A RADIUS OF 171.00 FEET; THENCE SOUTHEASTERLY ALONG SAID
CURVE THROUGH A CENTRAL ANGLE OF 72 046'26" AND AN ARC DISTANCE OF
217.20 FEET TO THE POINT OF BEGINNING.
PARCEL 4 CONTAINS 3.207 ACRES, MORE OR LESS.
EXHIBIT "A"
279r2J.02 0� a042 6�0? vois0 , TO MEMORANDUM OF OPTION AGREEMENT
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