AGENDA PROPERTY MANAGEMENT COMMITTEE MEETING ...

EXHIBIT “A”RESOLUTION NO. 2013 -RESOLUTION OF THE BOARD OF DIRECTORS OFORANGE COUNTY WATER DISTRICTAPPROVING EXECUTION OF A NOTICE OF RELEASERELATING TO SEC. III, PARAGRAPH G OFQUITCLAIM DEED PER INST. NO. 2005000536288, O.R.GREAT PARK NEIGHBORHOOD – DISTRICT 8WHEREAS, Fivepoint Communities acquired title as Heritage Fields LLC of a portion ofthe MCAS El Toro base per quitclaim deed recorded July 12, 2005 as Instrument No.2005000536288 of Official Records of Orange County, California; andWHEREAS, Irvine Ranch Water District (“IRWD”) and Orange County Water District(“OCWD”) are performing groundwater remediation within MCAS El Toro as part of the IrvineDesalter Project (“IDP”); andWHEREAS, Section III, Paragraph G of said quitclaim deed “Covenant for Access andSampling Rights Related to Groundwater Remediation,” allows OCWD and IRWD the right toenter the property to take soil samples with the purpose of confirming that none of the currentoperations of the property owner resulted the release of hazardous substances that couldimpact the treatment system associated with the IDP; andWHEREAS, Fivepoint Communities is developing the first phase of residentialdevelopment in the area known as District 8 and has requested OCWD and IRWD release thisarea from said covenant per Section III, Paragraph 8; andWHEREAS, staff has reviewed Fivepoint Communities’ request and determined thatthere are no current or anticipated future OCWD soil investigations in the area known as District8; andWHEREAS, the proposed Notice of Release has been presented to this Board ofDirectors, a copy of which is attached hereto as Exhibit “B”.NOW, THEREFORE, BE IT RESOLVED, the Notice of Release attached hereto asExhibit “B”, herein described and hereby is approved and execution by the District’s officers isauthorized.ADOPTED, SIGNED and APPROVED this ____ day of ________ 2013.