HomeMy WebLinkAboutMS 2021-0004; RREG Investments Series LLC Series I041; 2023-0077279; Hold Harmless Agreement/ReleaseRECORDING IS REQUESTED
FOR THE BENEFIT OF THE CITY
OF CARLSBAD
WHEN RECORDED MAIL TO:
City Clerk
CITY OF CARLSBAD
1200 Carlsbad Village Dr.
Carlsbad, CA. 92008
DOC# 2023-0077279
111111111111 lllll 1111111111111111111111111111111111111111111111111 IIII
Mar 27, 2023 09:44 AM
OFFICIAL RECORDS
JORDAN Z. MARKS,
SAN DIEGO COUNTY RECORDER
FEES: $0.00 (SB2 Atkins: $0.00)
PAGES: 5
SPACE ABOVE THIS LINE FOR RECORDER'S USE
ASSESSOR'S PARCEL NO.: 204-240-08-00 -----------\. PROJECT ID: MS 2021-0004 ~ ½'ct,_ PROJECT NAME: Acacia Beach Homes
HOLD HARMLESS AGREEMENT
GEOLOGICAL FAILURE
In consideration of the City's approval of a grading plan (DWG 537-8A) for development
to occur on property more particularly described as (see attached , Exhibit "A"), and other good
and valuable consideration, receipt of which is hereby acknowledged, I/(We), RREG
Investments Series, LLC Series 1041 , a Delaware limited liability company, the owner(s) of said
property promise to indemnify and to hold the City of Carlsbad, its officers, agents and
employees harmless from liability for injuries to any persons, or damage to or taking of any
property including public property, directly or indirectly caused by the geological failure of any
nature, type or cause or any subsequent damage that may occur on or adjacent to this
subdivision due to its construction, operation or maintenance.
Approval of the plans or permits, or inspection of any work done pursuant to those plans
or permits by the City shall not constitute an assumption by the City of any responsibility for any
damage or taking referenced in this agreement. City shall not be responsible in any manner
whatsoever for the design, compaction, construction or maintenance of the slopes, cuts, fills or
improvements made or done pursuant to the approved plans, nor shall any officer or employee
thereof be liable or responsible for any accident, loss or damage happening or occurring during
the construction work or improvements as specified in this agreement. The entire risk of any
loss resulting from or caused by any geological failure is assumed by and shall be borne by the
owner.
It is agreed that the above owners will maintain all slopes and landscaping in a manner
to insure slope stability to the satisfaction of the City Engineer. The owners agree to repair any
damage to public improvements caused by any geological failure referred to in this agreement
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to the satisfaction of the City Engineer. The owners agree to repair or stabilize any slope which
the City Engineer determines may fail and cause damage to public improvements. It is further
agreed that this agreement shall be binding on all heirs, successors or assigns having an
interest in all or any part of the property described herein.
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IN WITNESS WHEREOF, the undersigned has executed this instrument this_'-__ _
day of f\~ , 20,..., .
APPROVED AS TO FORM:
CINDIE MCMAHON
City Attorney
By:__,,_---\½--"""""""'-""-.,,,......;"'"""""--1-R N KEMP
Senior Assistant City A
City of Carlsbad
OWNER(S)
RREG Investments Series, LLC Series 1041 , a
Delaware limited liability company
By:
Kevin Dunn -Managing Member
Date:
(print name and title) ~ t7-l7v}
By:
(sign here)
(print name and title)
Date:
(Proper notarial acknowledgment of execution by owner(s) must be attached)
(Chairman of the Board, President, or any Vice-President and Secretary, any Assistant Secretary, the
Chief Financial Officer, or any Assistant Treasurer must sign for corporations. If only one officer signs,
the corporation must attach a resolution certified by the secretary or assistant secretary under corporate
seal empowering that officer to bind the corporation.)
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PRELIMINARY REPORT
YOUR REFERENCE:
EXHIBIT "A"
LEGAL DESCRIPTION
Chicago Title Company
ORDER NO.: 00176919-996-SD1-RT4
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF CARLSBAD, IN THE COUNTY OF
SAN DIEGO, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS:
THE NORTHWESTERLY 150.00 FEET OF LOT 10 IN BLOCK "Q" OF PALISADES NO. 2, IN THE CITY OF
CARLSBAD, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 1803,
FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, AUGUST 25, 1924.
EXCEPTING THEREFROM THE NORTHEASTERLY 60.8 FEET.
APN 204-240-08-00
Cl TA Preliminary Report Form-Modified (11/17/06) Page 3
ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verifies only the identity of the individual
who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
validity of that document.
State of Califot9ia c:"
County of Z) G:(\ ~\ ~ IJ
(insert name and ti
personally appeared K-e..vm \) un'f\
who proved to me on the basis of satisfactory evidence to be the person{s.) whose name(s) isfafe
subscribed to the within instrument and acknowledged to me that he/~ey executed the same in
his/h-erltheir authorized capacity(~ and that by his/herltheir signature($} on the instrument the
person($.), or the entity upon behalf of which the person(s.}. acted, executed the instrument.
I certify under PENAL TY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct.
WITNESS my hand and official seal.
(Seal)