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Home My WebLink AboutADJ 161; Carlsbad Financial Center & Carlsbad Dev. Co.; 79-110898; Future Improvement Agreement/ReleaseGl *--... ..---.m I ..---a- .__._ -_ __, --. . . . . . _ . . I.- . . .\’ =. . r ,t *. 3 Y, + ,A ::; -I ‘a' 193 ,. ~E:;:‘~DI:~; REQUESTED BY h,L) ) ;.~~iq RECORDED HAIL TO: 1 .I t ,’ _ WIf& NO m*w= .I 8QQK iEi---- ! RECOROEO RECUESt9F City of Carlsbad . 1 1201) Elm Avenue 1 Carlsbad, CA 92003 . ) I AWl ESSEE . ‘. 1 YCIR 16 10 @4[fl’” '73 ’ I I - ! ,i‘ OFFICki ;;ECORDS . .’ .: ‘1 *. _. .- " ‘.l~n,p,E,EcI~o~~ . _- ;” _ . . . . . . . . .C ;.; q _‘. : ._ - - ~ -. 1 JMll LllC~~L‘()U~T~ c&, - : 5 ; Space above this.line for Rec&der s k . -: __ . . : . .’ l ., .: j use . . . . .-_ . .’ : Doctimentary transfer tax: $No fee NO f I.:; . . . . . ; - . .( :. . . . : . .’ ‘. .’ -.,:= . Signature of declarant determining tax- . . . . .. - firm name w. ‘. F . : ..I _‘_ d . - ,. . . . .’ .: . . . City of ,Carlsbad .*’ 1’. . .: ..;I . . . -. .- . . . . . ..; : . Parcel No 36-190-21 . .- --- * . . . ._.: ._ . ; _’ . . . COkRACT FOB FUTURE PUBLIC IMPROVEMENTS . ..’ ‘m ‘. ” . . - .;,, :I-, .* 4 . ._.i. . THIS AGREEMENT is made by the City of Car&bad, a municipal corporation, hereinafter referred to as "Cityr(, and CARLSBAD FINANCIAL CENTER, a joint venture comprised of W, M. MORGAN AND BILLEE T. MORGAN, husband and wife, as joint tenants, as to an undivided l/4 interest and VANFERD M. BECHTEL AND PHYLLIS L. BECHTEL, husband and wife, as joint tenants, as to an undivided l/4 interest and CARLSBAD DEVELOPMENT CORPORATION, a California corporation, as to & undivided l/2 interest hereinafter referred to as "Property Owner". . RECIT/iL!j: . . “.. : : ‘. _- ‘.:* _ . : , . _._ . .>. . i . . .> -. -_ ‘. ., -..; : - ‘,; .,.:.. :. : .:- $‘:-fj .; T;.m:‘m-,-’ .< _,‘. .- . ‘. -. . . . WMEREJ'V~, Praperty’*dwner has app‘Ii’ed $0 City -for a’ Lot- Line “*..’ ’ . -‘Adjk tment .pl a t No’, 161 ROW ” for the real proper& hereinafter deskibed, .* a; under Property O~ner”s ownership; . . ; and ” :’ -. I-.’ ._, 1:: 1. j;\. : . _, ‘..; ~ . . . . . .” .- ‘. * . BJHEkEkS, $t -has been fdun’d that said prppf$ti is’ not’suikble . . . . - _. ‘for’ dev.eTopment in its bresent conditi&,‘.however said. property vobld be. I_ ._. - . . j- .sui table for devel’opment if certaik public improvements- heknafter.. . . . * . . . - described are constructed and certain irrevocable offers’ of dedic&ioea . . . . .’ . 0 . . . : . . . . -. sre,made to City; and *’ : . -. : . . _. ‘. . 2 *,.. . .~ ..‘.-_. . . . . . . . . .‘: ‘1” _ . . i . _..*. ,’ ;,:..:: ,,_, . . -.. : ‘. - . .. %JHEREfiS, the Municipal. Code of”di&.Sec‘tion 20,36.060, provks . . ., the CSiy Engineer may require certain improvements and dedications as a . condition of approval’of this adjustmentplat; and . . .; ‘. 0 ‘_ ,. . . - * HHEREAS, Property Owner has requested skid adjustment pldt : be granted by City .fn advance of the time said imbravements-are to be: . 3, . e * . made; zind . . ‘. . . WHEREAS, Property Owner, .in consideration of the approval. of . -. *i. . _’ ‘., . . . . . 0 1 . . . . . . . . . . .* .’ .“.. . . . ..e . . . . . ** . . . . . , ” -, *-.. .A”.s... ., ,: .._ *__,._. L * ‘..), -.c- ’ .._ . . . . . . . :’ . . . . . . ..- ..T.‘.tL- _- :. . *. . . : _. A-u;-.rlv -... . _- . we . I . . : .. \ ,- . -‘i, ’ .a. k_9(r ‘., . ___ .- - _ ---. ‘e L ‘fyi3 i *d .a’djustment plat desires to enter i lo this agreement securing the construction of said improvements, and City has determined it to be in the public interest to agree to temporarily postpone said . . const ruct ion; . . -. -. ..- ‘NOW, :THEREFDRE, IF -.IS ACREED between the. parFi.es .her&o k15 r ._ _ . : ‘. . iollows: . ‘. . . Section’ 1. That City agrees to record .any irrevocable offers of dedication made by Property Owner for Lot Line Adjustment Plat .’ No. 161 : ‘, . Sect ions-,2. That Property Owner,. in lieu of maki-ng the herein-.. . . after’ described improvements before approval of said adjustment plat . ’ : . I . - ,is granted, agrees to install and construct;‘or cause to be installed or constructed, said improvements in accordance with ‘plans and specifi- cations approved by the City Engineer within -60 days after written demand so to. do by City- Property Owner sa.id improvements’before 2-7-80 ..: . ,.of time as is granted by. City, providM9 -. shall not be required to make _ or within such further period ho&v&r, that upon the happening of either’of the following’*occurrences said improvements may, at the sole . eiectiori 6f City, be requi’red to be’made. sooner than said date or such ’ -. .. . ” .__‘. extended period of time which may have’been granted by City: -z*=. . (a) When the City Counci 1 finds that the owners of 40% or more .. of the, frontage,. including the frontage of Property O\rrner, between inter- . .. skcting streets on. both sides of the street upon-which the property. herein . ..,. described has frontage, have agreed with City to install street improve- ments to City specif’ications. . . . ,. . . :. . . -* * .. ‘y(b) When owners of more than 50% of the frontage, between intersecti.ng streets on both sides,of. the street upon which the property herein’descrided has frontage, have petitioned the City to form an . . . ._ . . . . . . . . . . . : t impkdvktient di’str,ict for’the improver&nt‘bf’said streets. ’ ‘1 . * .’ : ,, Said improvements shall be made without cost er expense to City. .City estimates that the cost of engineering and construction of . said improvements at the time of signing this contract is $4,060.70 Property Owner hereby acknowledges that said cost is a reasonable estimate of engineering and constructfon costs at this time and that the . actual cost of ‘same at some time i’n the future may exceed this estimate. * *‘Section 3. That for the faithful performance of the promises . :.i. . . . . .; 1“ ’ * . i .I , ‘,! : . ri . ’ ... (2) ,. : . . . . . ‘--. - -- -..-e.- --. . l .-:’ . ’ . * .* . I’ ’ . . . . -; - -/ - - 195 -1: * . 2. ‘, a’nd covenants herein contained, Property Owner hereby grant’s to City a lien upon the hereinafter described property in the amount of $4,060.70 : : .*/_ plus any future increases of cost-in. excess of this sum resulting from . ., . . . -.. : l -(‘.. ..__ -_ . . .- . . , _. ._ -increased kngineer’ing ‘ahbScanstrucfio.n’ costs;. I - ._ and .in ihe event. Property Owner, his successorsI heirs, assigns, or transferees fail to install and construct said improvements in the manner a;nd within the time speci- - ‘. . . f ied herein, he agrees that City may do any or .a1 1 of .the fallowing: ; (a) .Have the necessary engineering for said improvements’ .’ done, ‘and install’ and. cons’truct said improvements by contract’or other- . Wise. City or its contractor and his employees may enter upon any .. . . , portion or portions of ‘the property reasonably necessary for said : . . engineering and construction, -and the entire cost and expense shall be charged against said property and payable by said Property’ Owner, his . successors, he j rs’, as&i gns , o’r transferees immediately upon completion df’said imp.rov&ments, In the event same is not paid within 30 days from ,: ._. completion, City may forec?bse’said lien a.s provided by law for the . ‘1. - - . . . ;.. forecl&uke of .mortgages, . . . ‘. *. - _: . . ..‘. . ,(b) Direct the City Engineer to estimate the cost%? necessary- . engineering, and the work required. to insta’ll and construct said irnp’rove- and foreclose said lien in said amount. . . ‘- . .ments, . .i\ . . ; (c) Puriue any remedy, legal or equita,ble “(including those ’ . ,. .‘f’. specifically referred to herein), for the foreclosure of a lien, and the . - .’ Property Owner, ‘his -successors, . _ . heirs, assigns, and ‘t’ransferees, shall c _-. be liable for reasonable attorney’s fees as a cost in said proceedings. Sect ion 4. That it is agreed that anything herein contained to the contrary no&i thstanding, the promises and covenants made herein sha’T 1 *. : not . . .I , be .binding ‘upon the holders,’ mortga~ees~ or tikneficiai-iks of &.riy . purchase: money mortgage orpurchasemoney deed of trust for value which ,. has been or may in the future be executed by the Property Owner, his . successors, heirs, assigns, or transferees, and the lien hereby created shall be and is hereby subordinated to and declared td be inferior and subsequent in lien to the lien of any’such purchase money mortgage or. . . , . purchase money deed of trust. The lien hereby created shall likewise be - of no force or effect against any owner whose title to the property here- inafter described is acquired by or as a result of a foreclosure or . . . : . , 1 .. , . * ;,’ * . 1 . 8 . . ,.: , ’ ‘(3) :: * . . . . . . . ._ . . . . . . . . I .--..-. .;-.,+d_..__._ . : s-e.-- . . ..- .-_ __..-a- -.-.v.. :... * . ----.e...“--..C~...“~ -~..---I--“--..er - _ . ..-.. . _.I : . . . . ,. ‘* . . . , .I., .’ ..a .“‘ *.s. ‘. . -. . . . . . i -. ! e ’ :, ,196 -’ : ’ . . trustees’. sale of any such purchase money mortgage or purchase money . deed bf trust. . . _Sekt ion 5. That ‘at any time during the period herein provided; : . . . _. ;.. - . . *_ “the ‘Pioperty &n&i, ; .._ . his succejs’ors; tie’i ri,-‘ai’si’gn,S; 6& ira&fkrees’--ma-i;‘. :., .. deposit a cash bond or post a surety performance bond satisfactory to the City to charge said surety with the cost of said improvements; the amount of bond to be the estimated cost of engineering and improvements . at the time of such deposit. or posting as ascertained by the City Engineer, . and that upon depos.it of sai.d cash or posting of said bond the City _ l . agrees to release the property, or any portion of it as to”which said : . ., .d.eposit ‘or posting applies, from the provisions of this agreement; and .to execute any necessary release to enable the record title of the pro- ,:’ perty to be released from the lien herein imposed. _. ,. . . . Sect ion 6. Said City’shall not, nor shall any officer or ‘I- -’ . .’ employee thereof, . i be liable or responsible for any accident, loss or ;. :. < . . : ‘damage happening or occurring -to the work or improvements specified in . ‘. . ._ : . - . . ‘-,iaihis agreement’ prior to the completion and aoceptance of the same,’ i nor . - 4 .+ . . . . . .- . . . _- .;,;*“shal 1 said City, nor any officer ‘or employee thereof, be 1 iab,3e5’ for . . . .‘-..‘any persons or property injured by reason of said work or improvements, I ..,.;i+‘but all of said liabi’lities’ shall be assumed by said Property Owner, and ,.?:.. . . . . ..!:< his successors, heirs, and transferees :. . .._ assigns’, , .and they shall save the . . . ; . . . ;’ * :City . . .: harmless from, ..-. 2: and indemni.fy the City against, any and .a’ll claims, ; :’ -. .i,5’suits and liabilities of or to any person or property injured or claim- * Y .i,‘. . . : ,. . .’ . .::-rng to be’ injured as a. result of said work or .improvements. : : . ; , . . . ‘Said Pi-q- .-.i”. . . . - . . . . . . ..perty ,Owner, and his successo’rs, heirs, assigns3 and. transferees, further. ;_ -,..agrees . . i to protect said City a& the officers and employees thereof from . . . . ..a11 liability or claim because of’, or arising out of, the use of any’ . : ‘- - patent or patented article in the construction of said improvements. . . .Section 7. It is further agreed that said Property &jner will , at all times up td the completion and acceptance of said work and im- . . provements by the C,ity, give good and adequate warning to the traveTing .’ .-pub? ic ,of any dangerous or defective”conditions of pub1 ic property. The ,* Property Owner hereby agrees to pay for such inspection of improvements . as may be required by the City Engineer of City. ‘. Sect ion 8. This agrdement and the covenants contained herein * . .” shall be binding upon and inure ‘to the benefit of the succcssori, heirs, . . . ( 1) 1 ’ .I . . , .I : ..,,: /: . . -...a- .I“.’ ,. . I. - -t -- -. - - . . .--~rM.d. .-___ . . -- _-.__ *, . . . @I’ 1 *% . . . . . ).’ ’ .-C--- +.-LL.--y* _.,I.. w-ro--.. _ . ---..-r-w--,-------- “-‘NW . . -L-c-y--.- . -..: . Y’..’ . . . . . . . c *... .4- -- . - _ -7 .,. . . . , .- t .* --. -0. &.i’f - . - . . . . - -’ : . . . - . . . ; -. ‘: . . . . : . . _ . - . . . assigns, and transferee3 of Property Owner, shall run with said real . . ‘. ., .* . property, and create an equitable seivitude upon said real Property- -. . . .. : - ‘. .. ‘a ; .* - . .; ~..Set$t’?O~ 9. A de~~~rjpti’;m ~-f-r&’ property referred k herein * . ‘1 . . .- . . . _- . .,. :. ” . . and upon ‘which said ‘lien is imposed is described as follobqs: : . . . . : .’ . . . . . .I. . . . . ’ . ._ . *. : : . . . l : . . . . . That portion of Tract l19 of Carlsbad Lands, in the City of Carl&ad, County ,of San Diego, State of California, according to Map thereof No. 1661, filed in the Office of.the County Redorder of San Diego County, March 1, 1915, described as follows: Cotiencing at a point in the centerline of Oak Avenue distant thereon South 55O26.071 West, 467.47 'feet from the iniersection of said center line of Oak Avenue with the center line of Highl,and Drive; thence North 34°33r00? West,. 40.00 feet to the Northerly right-of-way of said Oak Avenue and the TRUE POINT OF BEGINNING; thence'North '34O33'00" West, 128.50 feet;-thence North 55°26c071" East, 116.91 feet; thence South'34°33V00" East, 128.50 feet to the Northerly right-of-way of Oak Avenue; thence along said Northerly right-of-way, South 55*26@07" West a distance of.116.91 feet to the TRUE PqINT OF BEGINNING. a ._ _: ._’ ,... ‘:. . <. r . . . ,: . . .-,-r . . . . . . : . ..b -.- . . ..I. =.* . ., . ..’ , ._ _:‘. . ..’ . - .;. . . . ;: . \- ..” . . : . .,. . . ._I .-.. . . . . i .“. : ‘. . - .‘. . . - . . . . _, -. _:. . ..: ‘.. i ._ .: ; . : . . -. . ‘, . -: . .- . . - . 1.2. ‘.. -a . - .: . ‘! ‘. ‘. .” _- ..I’ : --:-.. L’,. _. ., “z. ” ,. . . _ c *. . -. . ; : 7 . . .’ . ‘_.. ; -. ‘. -. .., . . . .._ :: . . . : -. . - ._ . . - . : ., ‘. . . : ..; : . . - 0 . .’ _- . *:.’ . . . . . ..* - . *--. . -. 1. .- . I . : . . .’ . . . : 5 . . ’ . ‘. . . . - . I . . . . . . . . . 1 . . . - . . . - . . -. . - . -. ,, . I w . -. - r . . . . . . . . . . . . . - ” c . . . f -. . . d . . .: . . . . ._-_ ,-:a _-- . . .’ -. ” . . . ,. (s,” ‘. ,‘, ‘... * ’ . - .* :; ‘. . . . -.--7a.“-V.C I”. a--__&.. v+. .A-.-----.“-““““~” ---.“..--_... 2. . . . . : ..‘I -. c----~-: .-. -.-- r ST.4TE OF C.4121 COUNTY OF ss. 2 ,a 0*1-LA! -.2!LiP- - / before me, i% the undersis3~ed. a Notary Public in and for said County and Stair, personally appeared _ z 0 within Instrumwt, known to me to 11e the persons who executed the E within Instrument on Ijehalf of thr corporation therein named, and 2 6 nc~knnwlrdged to me that such corporation executed the within instrument Ilur+uant to its Iry-laws or a resolution of its board of :: directors. -4 1 7 z - I\ &I--yym&- 7 hadz:. Signat e ._ > ss. before me, to be the person.gwhose nam within instrument and acknowledged tha same. -- 8 SAFECO I FOR NOTARY SEAL OR STAMP nFFlCIAL SEAL l’~lNCIt’Al Ottlct IN g-m Ulttill CUUNIY My Commission Expires August 9. 1982 *-.a”:.’ ~+%p&, 8 SAFECO FOR NOTARY SEAL OR STAMP NC;ItiHr +USLIL P~INI;IPAL ‘ICtlCt IN - . . , _______. _ ,-., -.-_ _u_ --- I ;a : - r a . -198 - _d Section 10. The required improvements to be constructed and the estimated costs thereof are as follows: ‘.. :, _. : & ‘g;ir&&n.s ; .- .: _- _ . . -, : 1; P.C.C. Curb & Gutter ' - - 2 . . Portion of Street Lighting 3. Surface and Base . 4. 'Sub-Grade Preparatioti 5-. Site Preparation 6. 5' Sidewalk 7. Engineering and .Contingencies ./ Dated: f kg AL /v,y unicipal Corporatio - 'n of the STATE OF CALIFORTUA ) ) ss. COUNTY OF SAN DIEGO .) ,- ..:-- . 0’ __ ;: (116.91 Ft.) (116.91 Ft.) (2221.29 Sq. Ft.) (2221.29 Sq. Ft.) (L.S.) (116.91'Ft.) (15%) Estimated-Costs- ..- . -: .-_, $ 584.55 339.04 1,443.84 399.83 '150.00 613.78 529.66 TOTAL COST $4,060.70 cfi <L s i?Jf.b ~dAKjf+L c jzIJ”j-EC &,-j&/&h. Proper&y Owner' OF CARLSBAD, a Mu On mfl .5--, /97y before me the 'undersigned, a Notary Public in and for 5aid State, peisonally appeared Paul'D, Bussey, known to me to be the City Manager of the City of Carlsbad, a Municipal Corporation of the State of California, known to me to be 'the 'person who executed the within instrument on behalf of said Municipal Corporation, and acknowledged to me that such City of Carlsbad, California, executed the same. \ WITNESS my hand and official seal. AWRyED IpSTO ~oj?ii~ “INCENT F: Em$$; ~q’$@Q4&rney i By /’ ,- ..,,‘. .f,, :*i .,,, ,? ,: _ ,P 1’ > 1 Ap?&k,& %giHe*&M!nt (Notarial acknowledgement of execution of owners must be attached). ' -6-