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2018/08/28 Commerce Pointe II Menifee, Inc. FY18/19 Commerce Pointe II Light Industrial/Business Park Development AGREEMENT FOR ISSUANCE OF TEMPORARY CERTIFICATE OF OCCUPANCY FOR "CHUTE SYSTEMS" LOCATED WITHIN BUILDING NO. 1 OF THE COMMERCE POINTE II LIGHT INDUSTRIAUBUSINESS PARK DEVELOPMENT 1. Commerce Pointe II Menifee Inc. agrees to submit clearance/sign off from the Riverside County Sheriff/Menifee Police Department for that the installation of the security system for Building No. 1 has been installed per the Riverside County Sheriff/Menifee Police Department's requirements in conformance with the requirements of Extension of Time No. 2013-030 (Condition of Approval#74)for Plot Plan No. 2009-006 as finally approved by the City prior to the expiration of the Temporary Certificate of Occupancy (180 days or as determined by the Building Official). 2. Commerce Pointe II Menifee Inc. agrees to install and/or complete the installation of all landscaping and irrigation and pass the final landscape inspection, in accordance with the approved plans under Plot Plan No. 2016-231 and in conformance with the requirements and conditions of Plot Plan No. 2016-126 (All Conditions of Approval) as finally approved by the City and per the attached landscape punch list dated August 22, 2018 prior to the expiration of the Temporary Certificate of Occupancy.The outstanding punch list items have been attached to this agreement. 3. _Commerce Pointe II Menifee, Inc. agrees to submit a supplemental payment in the amount of $9300 for the current outstanding negative balance under Plot Plan No. 2016- 126 (Revised Commerce Pointe II Plot Plan) in conformance with the requirements of Plot Plan No. 2016-126 (Condition of Approval #21) as finally approved by the City prior to the expiration of the Temporary Certificate of Occupancy (180 days or as determined by the Building Official). Please find the invoice attached. 4. Commerce Pointe II Menifee, Inc. agrees to submit a supplemental payment in the amount of$900 for the current outstanding negative balance under Parcel Map No. 2017- 152 (Parcel Map for Commerce Pointe II) in conformance with the requirements of Parcel Map No. 2017-152 (Condition of Approval #35) and Plot Plan No. 2016-126 (Condition of Approval #21) as finally approved by the City prior to the expiration of the Temporary Certificate of Occupancy (180 days or as determined by the Building Official). Please find the invoice attached. 5. To the fullest extent permitted by law (including, without limitation, California Civil Code Sections 2782 and 2782.6), Commerce Pointe II Menifee, Inc. as to Items 1 through 4 shall defend (with legal counsel reasonably acceptable to City), indemnify, and hold free and harmless City and City's agents, officers, and employees, (each, an "Indemnitee")from and against any and all claims, loss, cost, damage, injury(including, without limitation, injury to or death of Landowner or any officers, agents, employees, representatives, or subcontractors of Landowner[collectively, the "Landowner Entities"]), expense, and liability of every kind, nature, and description (including, without limitation, incidental and consequential damages, court costs, attorneys'fees, litigation expenses, and fees of expert consultants or expert witnesses incurred in connection therewith and costs of investigation) that arise out of, pertain to, or relate to, directly or indirectly, in whole or in part, the -1- negligence, recklessness, or willful misconduct of Commerce Pointe II Menifee Inc. or any of the Commerce Pointe II Menifee Inc. entities, anyone directly or indirectly employed by any of them, or anyone that they control (collectively, the "Liabilities"), with regard to the Work described in this Agreement. Such obligation to defend, hold harmless, and indemnify any Indemnitee shall not apply to the extent that such Liabilities are caused in part by the sole negligence or willful misconduct of such Indemnitee. 6. Commerce Pointe II Menifee Inc. agrees to pay all costs incurred by the City for the drafting, implementation and enforcement of this agreement, including, without limitation all attorney's fees. 7. In the event that Commerce Pointe II Menifee Inc. fails to comply with any provision of this agreement, City shall be entitled to revoke the Temporary Certificate of Occupancy pursuant to the Uniform Building Code as being founded on incorrect information supplied by Commerce Pointe II Menifee Inc. and to immediately disconnect all utility services to the Project until full compliance occurs. 8. Counterparts Clause. This Agreement may be executed in multiple counterparts, each of which shall be an original and all of which together shall constitute one agreement. -2- Commerce Pointe II Menifee, Inc. ("Landowner") Dated: By (Signatu f resident or other Category 1 Officer) (Print Name) (Title) Dated: By (Signature for Secretary or other Category 2 Officer) (Print Name) (Title) CITY OF MENIFEE ("City") Dated: ( D `D By Cheryl Kitzero Community Dbvblopm irector Approved as to Form: J J6frre,,9V Melchin City Attorney -3- CERTIFICATE OF AUTHORITY I, Douglas J. McCarron, hereby certify that I am the duly elected and acting President of the following corporations: (i) CPT/SC Title Holding Corporation, a California corporation, (ii) Carlsbad Properties, Inc.. a California corporation: (iii) Southwest CPT Holdings. Inc.: a California corporation: (iv) Zeiders Road Business Park, Inc., a California corporation: and (v) Commerce Pointe II Menifee, Inc., a California corporation (each such entity is hereinafter referred to as a"Corporation"): This certificate is being furnished to provide evidence that (i) Washington Capital Management. Inc., a Washington corporation, through its designated officers are duly authorized to act and represent in the name and on behalf of each Corporation, as Investment Manager (the "Investment Manager"), with respect to managing each Corporation's investment in real and personal property, and furthermore (ii) the Investment Manager is hereby authorized and directed, in the name and on behalf of each Corporation. to execute any and all documents necessary to manage, develop, lease and sell any real or personal property of each Corporation and to make all such arrangements, to do and perform all such acts and things, to execute and deliver all such certificates and other instruments and documents. and to do everything that he may deem necessary, appropriate or desirable in order to implement fully all instructions and intent made by the shareholders, officers and directors of each Corporation. This Agreement may be delivered electronically (e.g. fax, email pdf) and shall be deemed and original hereto. CN WITNESS WHEREOF, the undersigned has executed this certificate this_day of February, 2016. Douglas J. McCarron. President MANAGEMENT.Washington Cauital March 15,2016 To:The City of Menifee RE: Commerce Pointe I and Commerce Pointe II Matthew Herrill of Stonemark Construction Management is the Senior Project Manager for the two referenced projects. This letter is to advise you that he is authorized to execute applications for grading and building permits and similar documents on behalf of ownership. Please call if you have any questions. Sincerely, HIDERS ROAD BUSINESS PARK, INC. A California Corporation By: Washington Capital Management, Inc. a Washington cor ration Its: Investment an ger By: Cory Carlson, resident and CEO COMMERCE POINTE II MENIFEE, INC. A California Corporation By: Washington Capital Management, Inc. a Washington corporation Its: Investment l anger �)By: l �— Cory Carlson, resident and CEO 1200 Sixth Avenue Telephone(206)382-0825 Suite 700 Facsimile(206)382-0950 Seattle,Washington 98101 www.wcmadvisors.com