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MEMORANDUM OF UNDERSTANDING (MOU) REACHED AT MEDIATION

HELD IN SAN LUIS OBISPO, CALIFORNIA ON NOV. 9, 2019 AND MARCH 2/3, 2020

1. The matter of the dispute between Avila Village II, LLC, et al, and San Luis Bay

Estates Homeowners Association and ABR Property LP which matter was mediated on Saturday,

November 9, 2019 and resumed on March 2 & 3, 2020, before M. Scott Radovich, in San Luis

Obispo, California pursuant to agreement among the parties hereto.

2. Appearing in this mediation were representatives of Avila Village II, LLC, Robin

L. Rossi (individually and as Trustee), Once Upon A Time, LP; Lexington Real Property Partners,

LLC and Covelop Holdings, LLC (hereafter collectively “Avila Village”); ABR Property, LP

(hereafter “ABR”); Steven J. Adamski and Thomas D. Green representing: Steven J. Adamski,

Martin P. Moroski; Diane W. Moroski; Thomas J. Madden; Thomas D. Green and Deborah H.

Green, Trustees of the Green Family Trust u/d/t dated June 29, 2004; Linda Somers Smith and

Scott Alan Smith, Trustees of the Somers Smith Trust u/d/t April 20, 2016; and Adamski Moroski

Madden Cumberland & Green, LLP, a California Limited Liability Partnership (hereafter

“AMMCG”); All of whom are referred to as “Plaintiffs”. Steven J. Adamski and Thomas D. Green

also represented NFD Tamarack LLC a non-party to the actions referenced below and which holds

an interest in the AMMCG Avila Village parcel.

3. Also appearing were San Luis Bay Estates Homeowners Association (hereafter

“SLBE” or “HOA”) and their respective counsel. All the above are referred to herein collectively

as “the parties.”

4. The parties through this mediation have reached a tentative agreement as to certain

terms and conditions in order to resolve disputed matters between and among them as set forth in

two pending civil actions filed in San Luis Obispo County Superior Court: case nos. 18CV-0184

and 19CV-0116. These agreed terms and conditions are intended to be outlined as follows but

will be recited in a comprehensive settlement agreement for each pending action, with the

agreement to include mutual releases, as well as other documentation to allow various rights and

obligations to be further negotiated, drafted, executed and recorded. All recorded documents shall

be processed through an escrow, whereby title issues and use rights are insured by title insurance.

Plaintiffs shall pay all title insurance fees and premiums. The parties shall share escrow fees and

costs 50% to Plaintiffs and 50% to HOA. The rights granted herein shall run with the land.

No Public Access

5. All parties agree that except for Secondary Emergency Access (see below) there

shall be no public access through any of the gates which provide either vehicular or

pedestrian access into the HOA gated community.

Lupine Canyon Parking Access for Avila Village.

6. The owners, tenants of Avila Village, Parcels 3-11, and their employees shall

have the non-exclusive access to fifty (50) parking spaces along Lupine Canyon

Road (Parcel 16), between the gatehouse and Firehouse Canyon Road, subject to

reasonable rules and regulations established by HOA and as modified in the future

which will not unreasonably impact such access and use. There will be no

overnight parking. The 50 spaces allocated to Parcel 12 (the Avila Bay Club) shall

not be counted as part of the 50 parking spaces available to Avila Village.

7. The owner of Lupine Canyon Road adjacent to Avila Village on which the

parking will be located (Parcel 16) will grant an easement to Avila Village Parcels

3-11 to implement the above-mentioned parking and access to parking rights in a

form to be approved by and signed off by the HOA. The HOA needs to be ba be a

party per the November 1987 easement. This shall modify be consistent with the

1987 easement.

8. The HOA shall issue passes (not including or permitting automatic, uncontrolled

access, e.g., RFID tags) to the owners and tenants of Parcels 3-11 of Avila Village

which will allow up to fifty (50) owners, tenants and/or their employees at any one

time, from time to time, to access through the main gate between the hours of 7

a.m. and 7 p.m. and park along this portion of Lupine Canyon Road. The foregoing

hours are within the current operating hours and are subject to change within the

reasonable discretion of the HOA. However, in the event operating hours are

reduced to less than this or gatehouse becomes automatic (i.e., unmanned), the

HOA shall ensure that the foregoing access and hours ares not restricted.

Avila Village shall designate in writing the 50 authorized users and their vehicles,

with proof of insurance. No more than 50 vehicles from Parcels 3-11 may park

along Lupine Canyon Road at one time. Access shall be on a non-exclusive first

come, first served basis. If no space is available to an authorized user, then access

shall be denied. The HOA does not guarantee available spaces. Except for residents

of San Luis Bay Estates, there shall be no customer or other user parking for Avila

Village along Lupine Canyon Road. No vendor, commercial or overnight parking

shall be allowed by either party. The HOA may impose reasonable rules and

regulations on the parking. Users shall comply with all rules and regulations and all

governing documents of the HOA.

9. All four (4) of the pedestrian gates currently located between Avila Village and

Lupine Canyon Road shall be open with controlled access as reasonably determined

by the HOA, and at the cost and expense the HOA. The HOA shall reasonably

control, operate and maintain the four pedestrian gates. Owners and tenants of

Parcels 3 through 11 shall be provided with a gate code or other means of access

and shall ensure that each of the gates remain passable by those authorized to park

within SLBE at all hours when parking is allowed.

10. Vehicular access to post office boxes shall be limited to those owners and

tenants of Avila Village who have (i) a post office box located within San Luis Bay

Estates; and (ii) are authorized to park along Lupine Canyon Road. HOA parking

rules will limit parking for PO Box access to 15 minutes.

Secondary Emergency Access

11. The loop roads and related access points (Bay Laurel, Lupine Canyon, Blue

Heron, Harford, Sparrow and Coffeeberry) may be used for secondary emergency

ingress and egress for the benefit of the Avila Beach Golf Resort Property.

An emergency is defined as either an emergency situation declared by the Office

of Emergency Services or other governmental emergency services agency or an

imminent threat to life, safety, or property. The HOA has no obligation to improve,

upgrade, or otherwise modify the roadways behind the gates and within SLBE in

connection with providing this Secondary Emergency Access. Access to and use of

the HOA roadways and gates (notwithstanding paragraph 12) are on an “as-is” basis

(i.e., the condition as of March 1, 2020) and as may be maintained and modified by

the HOA, within the discretion provided for in the governing documents of the

HOA. In addition, the HOA shall maintain at least the existing widths for the lanes

of travel along the loop roads within the HOA’s control and will not actively

diminish such widths by, for example only, installing new parking, bike paths or

walking lanes nor take other active steps to diminish such access by, for example

installing changing two lane roads to one lane roads.

12. Not later than October 1, 2021, ABR at its sole cost and expense shall increase

the opening of the Coffeeberry Gate up to 24’. Plans and specifications shall be

subject to review and approval of the HOA, which approval shall not be

unreasonably withheld. Plaintiffs can do what they want on Coffeeberry (where it

becomes Blue Heron Drive) outside the gate; provided there is no adverse impact

to the HOA. Should a public safety government agency, now or in the future,

require a technological modification to the Coffeeberry Gate (not a structural

modification) related to the access rights of ABR, ABR shall install the

technological modification at its sole cost and expense, with the plans and

specifications being subject to review and approval of the HOA, which approval

shall not be unreasonably withheld; provided the HOA shall have complete control

of the Coffeeberry Gate.

13. Upon execution of the settlement documents in this matter, and no later than

October 1, 2021, ABR, at its sole cost and expense, will replace the existing Harford

Gate with a new, automated controlled gate, and the gate shall meet the Secondary

Emergency Access requirements provided for herein. Should a public safety

government agency, now or in the future, require a technological modification to

the Harford Gate (not a structural modification) related to the access rights of ABR,

ABR shall install the technological modification at its sole cost and expense, with

the plans and specifications being subject to review and approval of the HOA,

which approval shall not be unreasonably withheld.

14. The HOA may participate in the Harford gate design, which will be compatible

with Gatehouse operations, and which participation shall not unreasonably delay or

otherwise impact the project. The new Harford gate will be designed and

constructed in such a manner as is required to regulate access rights as set forth

herein and to meet Secondary Emergency Access requirements. Upon completion

of the construction of the Harford gate, ABR shall transfer ownership and control

to the HOA of the new Harford gate and the HOA will accept the responsibility of

maintenance and control consistent with these rights. Specifically, the HOA, at its

sole cost and expense, shall be responsible for the operation and maintenance of the

Harford Gate subject to the rights of the parties as set forth herein.

15. Nothing in this MOU or the finalized settlement documents shall be

construed as the acquiescence or approval by the HOA of any current or future use

or development of the golf resort property.

Access for ABR owners and employees.

16. ABR shall have 24/7 access at the Harford and Sparrows gate for

installation, repair, replacement or maintenance of the East Harford Canyon water

wells, facilities and related work. ABR will identify designate in writing to HOA

the persons and vehicles authorized for access on a timely basis. The Sparrow gate

may be used for such access only when reasonably necessary for access to large

equipment necessary to perform maintenance, repair and replacement work on the

East Harford Canyon water wells, facilities and access thereto for access for large

equipment when necessary and when cannot be brought through the Harford gate.

There shall be no access through the Sparrow gate for equipment used on the golf

resort property.

17. The HOA will also allow access from 7:00 AM to 12:00 AM for up to

fifteen (15) ABR owners and employees, as designated in writing from time-totime,

for use at the Bay Laurel Coffeeberry gate only, for reasons related to ABR

business. Of the foregoing 15 passes, no van or other multi-passenger transport

vehicle shall be of a size that exceeds 12 persons. Access is for passenger vehicles

(including small trucks and vans) only. No commercial or construction vehicles

shall be permitted to have passes or access.

18. The passes set forth in Paragraph 17 shall be used for ingress and egress to

SLBE only for reasons related to ABR’s business operations on the golf resort

property but shall not include construction purposes except as necessary to

improve, maintain, repair and replace the East Harford Canyon water wells,

facilities, access and related work. The foregoing passes may not be used for any

other purposes, including without limitation, non-business or recreational purposes,

such as hiking, biking, sight-seeing or for ABR employees taking a “short cut” to

work. Nothing in this section shall be construed to prevent an authorized vehicle

from access to and use of the Loop Road for the purpose of transporting proceeds

from ABR property after an event for security purposes.

Rossi Parcels

19. Deleted

Misc.

20. Settlement documents will include provisions such that new and restated use

rights are covered by these documents and supersede all other use rights and claims.

Existing utility easements shall remain in place.

21. Assessments: HOA needs new assessment calculations based on new burdens

and impacts. The HOA shall propose such new assessment calculations within

30days of full execution of this MOU. If the parties are unable to agree to such

assessments within 30 days thereafter, the parties shall submit the matter to a one

day binding mediation with Scott Radovich.

22. Each party shall bear their own costs and attorney fees in connection with

the prosecution, defense, and settlement of the pending litigation.

23. The mutual release or releases contemplated shall include officers, agents,

representatives, members, employees, attorneys, successors and assigns and shall

contain the following recital of California Civil Code sec. 1542, with possible

exceptions or “carve outs” as needed: “A general release does not extend to claims

that the creditor or releasing party does not know or suspect to exist in his or her

favor at the time of executing the release, and that, if known by him or her, would

have materially affected his or her settlement with the debtor or released party.”

(Carve outs referenced are such things as non-access easement obligations,

assessments, shared maintenance costs, contractual obligations, Rossi/Harford

Parcels 1 and 2, etc.)

24. The parties will incorporate the terms of the final settlement documentation

in a master settlement agreement, so that the terms and conditions of the settlement

agreement (not this MOU) may be enforced by either party under Code of Civil

Procedure Section 664.6. The real property use and rights per cases #1 and #2,

respectively, shall be set forth in recordable documents as provided for above. In

the event of any action or proceeding to enforce the terms of the final settlement

documents, either under Section 664.6 or otherwise, the prevailing party shall be

entitled to an award of costs and reasonable attorneys’ fees. Both lawsuits shall

dismissed in their entirety, with prejudice, with the court reserving jurisdiction for

enforcement purposes as stated above.

25. Each of the individuals whose signature appears below represents and

warrants that he or she has full authority to execute this Agreement on behalf of the

party on whose behalf he or she has affixed his or her signature to this Agreement.

26. The parties agree to sign this MOU to reflect the tentative agreements

reached through mediation, and with the intent to jointly represent to the court in

the litigation that a tentative settlement of the entire litigation has been reached

through mediation. The final enforceable settlement shall be reflected in the

settlement agreement documents, as is set forth in this MOU. Plaintiffs shall

provide the court with a Notice of Settlement on the tentative basis provided for in

this MOU.

27. This MOU may be executed in one or more counterparts, each of which shall

be deemed an original but all of which shall constitute one and the same instrument.

In addition, this MOU may contain more than one counterpart of the signature page

and may be executed by the affixing of the signatures of each of the parties to any

one of such counterpart signature pages.; all of such counterpart signature pages

shall read as though one and they shall have the same force and effect as though all

of the signers had signed a single signature page.

See the signed document here.