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2023/04/28 BLC Fleming, LLC Certificate of Agreement Compliance (not recorded or notarized)DocuSign Envelope ID: 651CA202-3EBA-4B79-AB69-BACBOA42569A RECORDING REQUESTED BY: AND WHEN RECORDED MAIL TO: Noah Shih, Senior VP Operations, LEED AP Newport Pacific Land Company 100 Bayyiew Circle, Suite 240, Newport Beach, CA 92660 Attention: General Counsel Exempt from Recording Fees (Govt. Code §§ 6103 and 27383) CERTIFICATE OF AGREEMENT COMPLIANCE This CERTIFICATE OF AGREEMENT COMPLIANCE (this "Certificate"), effective as Of April 28th , 2023 ("Effective Date"), is made by the CITY OF MENIFEE, a municipal corporation of the State of California (the "City") and provided to and for the benefit of BLC Fleming, LLC, a Delaware limited liability company ("Developer"). RECITALS A. In accordance with the Development Agreement Statute, of the State of California (Government Code Section 65864 et seq.), Title 22, Chapter 22.16, Part 4 of the Riverside County Code, and the implementing procedures of the City, the City acting through its City Council, approved a Development Agreement for a project as therein described (the "I'roiect") on Property as therein described located within Riverside County, by adopting Ordinance No. 2020-302, on June 17, 2020 (the "Development Agreement"). The Property is described on Exhibit A attached hereto and incorporated herein by this reference. B. The Development Agreement was recorded in the Office of the Recorder of the County of Riverside, State of California (the ` 0111 icial Records") on June 30, 2020, as Instrument No. 2020-0282073. The Development Agreement has a term of fifteen (15) years, subject to possible extensions, commencing on July 17. 2020. Unless otherwise defined in this Certificate, all initially capitalized defined terms used in this Certificate shall have the respective meanings given them in such Development Agreement. C. The Development Agreement provides for the development of the Property, in the manner described in the Development Approvals approved by the City on June 3, 2020 and June 17, 2020. D. The Development Agreement provides for the periodic review of the Developer's good faith compliance with the terms of the Development Agreement to be submitted annually by the Developer on April 10 and reviewed by the City in May, and continuing annually thereafter which reviews are termed an "Annual Review." The Development Agreement provides the process for and items subject to review in each Annual Review. 2465/031858-0003 16835379.1 a04/28/23 DocuSign Envelope ID: 651CA202-3EBA-4B79-AB69-BACBOA42569A E. Consistent with the requirements of the Development Agreement, the Development Agreement Act and the Development Agreement Ordinance, the City conducted an Annual Review for the 2022-2023 year of the Development Agreement on April 21, 2023 and concluded that the Developer was in good faith compliance with the Development Agreement during such period. F. Pursuant to Section 4.4 of the Development Agreement, the Parties now desire to memorialize the City's determinations made during the Annual Review for year 2022-2023 of the Term by the making of this Certificate. NOW, THEREFORE, the City certifies, represents and warrants for the benefit of the Developer and all those holding title in the Property as follows: 1. Development Agreement in Effect. The Development Agreement is in full force and effect, and City has not agreed to any amendment of any provision of the Development Agreement [other than as expressly identified in the Recital A of this Certificate]. 2. Compliance with Development Agreement. Developer is, to the current knowledge of the City, and based on the City's investigation during the Annual Review, in good faith compliance with the Development Agreement, as required by Section 65865.1 of the Development Agreement Act. 3. No Defaults. To the actual knowledge of City, no default on the part of Developer, and no breach or failure of condition that, with notice or lapse of time or both, would constitute a default on the part of Developer, exists under the Development Agreement. 4. Determinations Conclusive. This Certificate constitutes and shall evidence the City's conclusive determination of the matters set forth herein. [Signature page follows.] 2465/031858-0003 16835379.1 a04/28/23 -2- DocuSign Envelope ID: 651CA202-3EBA-4B79-AB69-BACBOA42569A IN WITNESS WHEREOF, the City has caused this Certificate to be duly executed on its behalf as of the Effective Date. CITY OF MENIFEE, a municipal corporation of the State of California Armando G. villa, City M4nager DATE: 04/28/202 3 ATTEST: CITY CLERK DATE: 04/28/2023 APPROVED AS TO FORM: CITY ATTORNEY DATE: 04/28/2023 2465/031858-0003 16835379 1 a04/28/23 -3- EXHIBIT "A"" LEGAL DESCRIPTION IN THE CITY OF MENIFEE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, BEING A PORTION OF SECTION 22, TOWNSHIP 6 SOUTH, RANGE 3 WEST, S.B.M., BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: PARCEL "A" BEGINNING AT THE MOST NORTHEASTERLY CORNER OF SAID SECTION 22; THENCE ALONG THE EASTERLY LINE OF SAID SECTION, SOUTH 00° 08' 04" EAST, 2694.46 FEET, TO THE CENTERLINE OF CHAMBERS ROAD (44.00 FEET HALF WIDTH); THENCE ALONG SAID LINE, NORTH 88- 30' 09" WEST, 2629.46 FEET TO THE CENTERLINE INTERSECTION OF CHAMBERS ROAD AND SHERMAN ROAD; THENCE CONTINUING ALONG SAID CENTERLINE NORTH 88" 30' 32" WEST, 1027.89 FEET; THENCE LEAVING SAID LINE SOUTH 00° 07' 54" EAST, 593.64 FEET; THENCE NORTH 89° 02' 28" WEST, 941.59 FEET; THENCE NORTH 89' 44' 20" WEST, 82.09 FEET: THENCE NORTH 00' 04' 58" WEST, 300.03 FEET; THENCE NORTH 89° 01' 24" WEST, 475.95 FEET TO THE EASTERLY RIGHT OF WAY LINE OF ENCANTO DRIVE (30.00 FEET HALF WIDTH); THENCE ALONG SAID RIGHT OF WAY LINE NORTH 01' 13' 02" WEST, 168,98 FEET TO THE BEGINNING OF A TANGENT CURVE, CONCAVE EASTERLY, HAVING A RADIUS OF 11969.56 FEET; THENCE NORTHERLY ALONG SAID CURVE 239.42 FEET THROUGH A CENTRAL ANGLE OF 01 ° 08' 46'; THENCE NORTH 00" 05' 04" WEST, 1771.50 FEET; THENCE LEAVING SAID RIGHT OF WAY LINE NORTH 89° 55' 33" EAST 100.00 FEET; THENCE NORTH 00° 05' 04" WEST, 60.00 FEET; THENCE SOUTH 89° 55' 33" WEST, 100.00 FEET TO THE EASTERLY RIGHT OF WAY LINE OF ENCANTO DRIVE (30.00 FEET HALF WIDTH); PRERARED BY: K&A ENGINEERING DATE EXHIBIT PREPARED: APRIL 3, 2020 357 N. SHERIDAN 5T. CORONA, CA 92880 10174 EXHIBIT "A" LEGAL DESCRIPTION THENCE ALONG SAID RIGHT OF WAY LINE NORTH 00° 05' 04" WEST, 435.00 FEET; THENCE LEAVING SAID LINE SOUTH 89' 18' 51" EAST, 185.90 FEET; THENCE NORTH 00" 05' 40" WEST, 255.28 FEET TO THE CENTERLINE OF ROUSE ROAD (60,00 FEET HALF WIDTH); THENCE CONTINUING ALONG SAID CENTERLINE SOUTH 89° 18' 45" EAST, 1031.61 FEET TO THE CENTERLINE INTERSECTION OF ROUSE ROAD AND TRUMBLE ROAD; THENCE ALONG SAID CENTERLINE OF ROUSE ROAD SOUTH 89° 18' 49" EAST, 1313.99 FEET TO THE CENTERLINE INTERSECTION OF ROUSE ROAD AND SHERMAN ROAD; THENCE CONTINUING ALONG SAID CENTERLINE SOUTH 89' 18' 54" EAST, 2627.27 FEET TO THE POINT OF BEGINNING; CONTAINS 331.01 ACRES, MORE OR LESS EXCEPTING 3 PARCELS THEREFROM, DESCRIBED AS FOLLOWS: PARCEL 1 BEGINNING AT THE MOST SOUTHWESTERLY CORNER OF PARCEL "A' THENCE ALONG THE WESTERLY LINE OF SAID PARCEL "A", NORTH 00° 04' 58" WEST, 554.12 FEET TO A POINT 50.00 FEET SOUTH OF THE CENTERLINE OF CHAMBERS ROAD; THENCE PARALLEL WITH THE CENTERLINE OF CHAMBERS ROAD, SOUTH 88° 30' 32" EAST, 82.12 FEET; THENCE SOUTH 00° 04' 58" EAST, 552.36 FEET TO AN ANGLE POINT IN THE SOUTHERLY LINE OF SAID PARCEL "A'; THENCE ALONG THE SOUTHERLY LINE OF SAID PARCEL "A", NORTH 89° 44' 20" WEST, 82.09 FEET TO THE POINT OF BEGINNING; CONTAINS 1.04 ACRES, MORE OR LESS PRERARED BY: K&A ENGINEERING DATE EXHIBIT PREPARED: APRIL 3, 2020 357 N. SHERIDAN ST. CORONA, CA 92880 2 OF 4 EXHIBIT "A" LEGAL DESCRIPTION PARCEL 2 BEGINNING AT THE MOST NORTHWESTERLY CORNER OF PARCEL 1; THENCE ALONG THE WESTERLY LINE OF SAID PARCEL 1, SOUTH 00° 04' 58" EAST, 254.09 FEET TO AN ANGLE POINT IN SAID PARCEL "A"; THENCE ALONG THE SOUTHERLY LINE OF SAID PARCEL "A", NORTH 89° 01' 24" WEST, 442.92 FEET TO A POINT 63.00 FEET EAST OF THE CENTERLINE OF ENCANTO DRIVE; THENCE PARALLEL WITH THE CENTERLINE OF ENCANTO DRIVE, NORTH 01° 13' 02" WEST, 170.25 FEET TO THE BEGINNING OF A TANGENT CURVE, CONCAVE EASTERLY, HAVING A RADIUS OF 11936.56 FEET; THENCE NORTHERLY ALONG SAID CURVE 66.39 FEET THROUGH A CENTRAL ANGLE OF 00' 19,071, TO THE SOUTHWESTERLY CORNER OF THE SOUTHERLY CORNER CUTBACK OF CHAMBERS ROAD AND ENCANTO DRIVE; THENCE ALONG SAID CORNER CUTBACK NORTH 340 27' 45" EAST, 25.73 FEET TO THE NORTHEASTERLY CORNER OF SAID CORNER CUTBACK, SAID POINT BEING 50.00 FEET SOUTH OF THE CENTERLINE OF CHAMBERS ROAD; THENCE PARALLEL WITH THE CENTERLINE OF CHAMBERS ROAD, SOUTH 88° 30' 32" EAST, 432.94 FEET TO THE POINT OF BEGINNING; CONTAINS 2.62 ACRES, MORE OR LESS PARCEL 3 BEGINNING AT A POINT ON THE WESTERLY LINE OF SAID PARCEL "A", SAID POINT BEING THE NORTHERLY END OF A TANGENT CURVE, CONCAVE EASTERLY, HAVING A RADIUS OF 11969.56 FEET; THENCE PERPENDICULAR TO THE CENTERLINE OF ENCANTO DRIVE, NORTH 89° 54' 56" EAST, 33.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE PARALLEL WITH THE CENTERLINE OF ENCANTO DRIVE, NORTH 00° 05' 04" WEST, 1714.35 FEET; THENCE SOUTH 57° 42' 36" EAST, 511.66 FEET; THENCE NORTH 89" 54' 56" EAST, 37.87 FEET; PRERARED BY: K&A ENGINEERING DATE EXHIBIT PREPARED: APRIL 3, 2020 357 N. SHERIDAN ST CORONA, CA 92880 3 OF 4 EXHIBIT "All LEGAL DESCRIPTION THENCE SOUTH 00° 05' 04" EAST, 1504.00 FEET TO A POINT 50.00 FEET NORTH OF THE CENTERLINE OF CHAMBERS ROAD; THENCE PARALLEL WITH THE CENTERLINE OF CHAMBERS ROAD, NORTH 88" 30' 32" WEST, 456.75 FEET TO THE SOUTHEASTERLY CORNER OF THE NORTHERLY CORNER CUTBACK OF CHAMBERS ROAD AND ENCANTO DRIVE; THENCE ALONG SAID CORNER CUTBACK NORTH 320 36' 03" WEST, 24.89 FEET TO THE NORTHWESTERLY CORNER OF SAID CORNER CUTBACK, SAID POINT BEING 63.00 FEET EAST OF THE CENTERLINE OF ENCANTO DRIVE AND ALSO BEING THE BEGINNING OF A NON -TANGENT CURVE, CONCAVE EASTERLY, HAVING A RADIUS OF 11936.56 FEET, TO WHICH A RADIAL LINE BEARS SOUTH 89° 45' 56" WEST; THENCE NORTHERLY ALONG SAID CURVE 30.07 FEET THROUGH A CENTRAL ANGLE OF 000 08' 40" TO THE TRUE POINT OF BEGINNING; CONTAINS 17.51 ACRES, MORE OR LESS AS SHOWN ON EXHIBIT "B", ATTACHED HERETO AND MADE A PART THEREOF ROBERT SCIPIOBLUME Cl- No. 9154 :4 P.L.S. NO. 9154 * Exp. 3/31/21 * REG. EXP. 03/31/21 CA PRERARED BY: K&A ENGINEERING DATE EXHIBIT PREPARED: APRIL 3, 2020 357 N. SHERIDAN ST. CORONA, CA 92880 4 OF 4 18 Iz u Ir�!i 8 o z CURVE TABLE w W g N0. A R L U coO z O Z C1 1 '46' 11 69.56' 4 ' C2 O'19'07• 11936.56' 66.39' W a=9 pp y C3 M'40' 11936.56' 30.07' D: j T Ill z 4' z 6 r In vl e- p S891I'45'E I I I$8918'49' I S89'18'54'E —103 .61'— • —J 1 1313.99'J J� 1-1 2627.27' 15 14 i— -- -- -- ' 22 23 C1L ROUSE ROAD �111 I P.O.B. PARCEL "A" - LB L24 d d NL 1 SB9'4�'S6'W�R)� L7 L22 o d "-�.� PARCEL"All I o a I L18 LIS o -- 8 Z r X 331.01 AC. I I o '�o L17 ` 0 I �S w d L16 n 17.51 AC. I v I L26 8 a I Q ' O P.O.B. PAR.1 DETAIL SHEET 1 OF 1 I LINE TABLE NO. BEARING DISTANCE L1 SDnr54'E 593.64' L2 28'W 941.59' L3 '44'20'w 8.09' L4 N 'W 300. ' L5 1' 4'w 47 U5 1 ' 'W 168.90 L7 N891W331 100. ' Ul 04'w 6 L9 w 100.00• UO NWVVWW MOV Lt, W91011 1819V L12 NOOVS L13 SonC5n 54. • L14 S88'M32E 82.1 ' US L16 N ,' CW 442.9 L17 N0113'02'w 170.25 L18 N 4 7 7 L19 SOM321E 432.9C L20 I N89U56E 00' L21 I S57*42'36*E511.66' L22 NN*WS6'E 7, 07' L23 N8BW3Yw 456.76 L24 N3276'Q3'w1 2489' L25 NOOti4'S8'W 554.17' L26 N8901'24'W 3303' U7 SBOW32*E IS1506 Cl —_- = SCALE 1'=400 "-N88'3032-W-•- - _1,L LAND L6 1027.89' ) I I — N883009'wt 2629.46' - C, Q1 SCIPIO el LS p G& CHAMBERS ROAD (i r^� 1.04 AC. a a M o 1� Z o 0.9154 I-2 L3 L2 I — - * E:p. 3/31/21 2.82 AC. S I II //� if! �l4lE OF CAL1f�a�r i ,/ SCALE: 1"=800' AREA: SECTION 22, TOWNSHIP 5 SOUTH, RANGE 7 WEST, S.B.M. 309.84ACRES±(PARCEL"A" MINUS EXCECPMON PARCELSI, 2, AND3) DATE EXHIBIT PREPARED: APRIL3,2020 DocuSign Envelope ID: 651CA202-3EBA-4B79-AB69-BACBOA42569A 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 California County of Riverside On , before me, (insert name and title of the officer) Notary Public, personally appeared , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (Seal) 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 California County of Riverside On , before me, (insert name and title of the officer) Notary Public, personally appeared , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature 2465/031858-0003 16835379.1 a04/28/23 -4- (Seal)