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HomeMy WebLinkAboutMS 647; Schindler, Caroline; 84-465160; Future Improvement Agreement/Release_ -- ffl-465160 I----- .Ji . b RECCRDING REQUESTED BY AND ) - I P!:I;&l[;f. [j IN -"---j CfF‘k rciP4t. (i$[,[);:ftr GF SAk CiLGa C(j[.,Ji! y.2.;. 1 WHEN RECORDED MAIL TO: 1 1 CITY OF CARLSBAD lS134DEC 13 f# 2:47 1200 Elm Avenue. vpc; i j '*.'I c Carlsbad, CA 92008 2 c COUN1' t* &~y$.~;:‘~ .R I Al Space above this line for Recorder's use. Documentary tra firm name City of Carlsbad Parcel No. ~s--bdQ-~1 CONTRACT FOR FUTURE PUBLIC IMPROVEMENTS THIS AGREEMENT is made by the City of Carlsbad, a . municipal corporation, hereinafter referred to as "City", and RECITALS: (-.~-.~ WHEREAS, Property Owner has applied to City for a , hereinafter referred Owner". for the real property hereinafter described, now under Property Owner's ownership; and WHEREAS, it has been found that said property is not suitable for development in its present condition, however said property'would be suitable for development if certain public improvements hereinafter described are constructed and certain irrevocable offers of dedication are made to City; and WHEREAS, the Municipa? Code of City and attached hereto and incorporated by reference herein require certain improvements and dedications as a condition of approval of this Minor Subdivision No. 647 ; and WHEREAS, Property Owner has requested said Kinor Subdivision No. 647 be granted by City in advance of the time said improvements are to be made; and WHEREAS, Property Owner, in consideration of the approval of said Minor Subdivision No. 647 desires to enter into ** *G \, . 271 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 construction; NOW, THEREFORE, IT IS AGREED between the parties hereto as follows: Section 1. That City Agrees to record any irrevocable offers of dedication made by Property Owner for Mfnar t3ubdZvitim 647 . Section 2. That Property Owner, in lieu of making the hereinafter described improvements before approval of said Minor SubdIvision No. 647 is granted, agrees to install and construct, or cause to be installed or constructed, said improvements .in accordance with plans and specifications approved by the City l Engineer within sixty (60) days after written demand so to do by City. Property Owner shall not be required to make said improvements before Smtembgr 27,198Tor within such further period of time as is granted by City, provided, however, that upon the happening of either of the following occurrences said improvements may, at the sole election of City, be required to be made sooner than said date or such extended period of time which may have been granted by City: (a) When the City Council finds that the owners of 40% or more of the frontage, including the frontage of Property Owner, betweenintersecting streets on both sides of the street upon which the property herein described has frontage, have agreed with City to install street improvements to City specifications. (b) When owners of more than 50% of the frontage, between intersecting streets on both sides of the street upon which the property herein described has frontage, have petitioned the City to form an improvement district for the improvement of said streets. Said improvements shall be made without cost or expense to City. City estimates that the cost of engineering and construction of said improvements at the time of signing this contract is $4,84&75, Property Owner hereby acknowledges that said cost is a reasonable estimate of engineering and construction costs at this time and that the actual cost of same at some time in the future may exceed this estimate. ?. . ” .u . . - 272 Section 3. That for the faithful performance of the promises and covenants herein contained, Property Owner hereby grants to City a lien upon the hereinafter described property in the amount of $&,8k.75 plus any future increases of cost in excess of this sum resulting from increased engineering and construction costs, and in the event Property Owner, Property Owner's successors, heirs, assigns, or transferees fail to install and construct said improvements in the manner and within the time specified herein, Property Owner agrees that City may do any or all of the following: (a) Have the necessary engineering for said improvements done, and install and construct said improvements by contract or otherwise. 'City or its contractor and contractor's employees may enter upon any portion or portions of the property reasonably l necessary for said engineering and construction, and the entire cost and expense shall, be charged against said property and payable by said Property Owner, Property Owner's successors, heirs, assigns, or transferees immediately upon completion of said improvements. In the event same is not paid within thirty (30) days from completion, City may foreclose said lien as provided by law for the foreclosure of mortgages. (b) Direct the City Engineer to estimate the cost of necessary engineering, and the work required to install and construct said improvements, and foreclose said lien in said amount. (c) Pursue any remedy, .legal or equitable (including those specifically referred to herein), for the foreclosure of a lien, and the Property Owner, Property Owner's successors, heirs, assigns, and transferees, shall be liable for reasonable attorney's fees as a cost in said proceedings. Section 4. That it is, agreed that anything herein contained to the contrary notwithstanding, the promises and covenants made herein shall not be binding upon the holders, mortgagees, or beneficiaries of any purchase money mortgage or purchase money deed of trust for value which has been or may in the future be executed by the Property Owner, Property Owner's successors, heirs, assigns, or transferees, and the lien hereby created shall be and is hereby subordinated to and declared to be inferior and subsequent in lien to 1. ’ - *L .; 273 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 hereinafter described is acquired by or as a result of a foreclosure or trustees' sale of any such purchase money mortgage or purchase money deed of trust. Section 5. That at any time during the period herein provided, the Property Owner, Property Owner's successors, heirs, assigns, or transferees may 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 deposit of said cash or posting of said bond the City agrees to release the property, or any portion of it as to which said deposit or posting applies, from the provisions of this agreement, and to execute any necessary release to enable the record title of the property to be released from the lien herein imposed. Section 6. Said City shall not, nor shall any officer or employee thereof, be liable or responsible for any accident, loss or damage happening or occurring to the work or improvements specified in this agreement prior to the completion and acceptance of the same, nor shall said City, nor any officer or employee thereof, be liable for any persons or property injured by reason of said work or improvements, but all of said liabilities shall be assumed by said Property Owner and Property Owner's successors, heirs, assigns, and transferees, and they shall save the City harmless from, and indemnify the City against, any and all claims, suits and liabilities of or to any person or property injured or claiming to be injured as a result of said work or improvements. Said Property Owner, and Property Owner's successors, heirs, assigns, and transferees, further agrees to protect said City and the officers and employees thereof from all 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 Owner will at all times up to the completion and acceptance of said work . k ’ 274 - I. #*J and improvements by the City, give good and adequate warning to the traveling public of any dangerous or defective conditions of public property. The Property Owner hereby agrees to pay for such inspection of improvements as may be required by the City Engineer of City. Section 8. This agreement and the covenants contained herein shall be binding upon and inure to the benefit of the successors, heirs, assigns, and transferees of Property Owner, shall run with said real property, and create an equitable servitude upon said real property. Section 9. A description of the property referred to herein and upon which said lien is imposed is described as follows: See Exhibit "I" . Section 10. The required improvements to be constructed and the estimated costs thereof are as follows: Improvements see Schedule A, attached Estimated Costs $ TOTAL COST $4,8k..75 IN WITNESS WHEREOF, we have hereunto set our hands -2sc 'and seals this &-- day of , 198%. : . Property Owner CITY OF CARLSBAD, a Municipal Corporation of the State of California By: F. D. ALESHIRE, City Manager , STATE OF CALIFORNIA San Diego ).ss. - _ COUNTY OF -) 275 On October 4, 1984 .before me, the undersigned, a Notary Public in and for . said State, personally appeared Caroline A, Sch illdler--- personally known to me (or proved to me on the basis of satis- factory evidence) to be the person(s) whose name(s) is/are sub- scribed to the within instrument and acknowledged to me that he/she/they executed the same. WITNEfl%and official seal. OFFICIAL SEAL YOLANDA LOGAN IOTARY PUBLIC - CALIFORNIA SAN DIEGO COUNTY omm. expires DEC 2, 1985 (This area for official notarial seal) STATaE OF CALIFORNIA ss. COUNTY OF SAN DIEGO 1 On the ~~a~~yP~fbli$%~~~???% said'S~~~~~p~~~~~~1~~ the undersigned, a appeared F. D. Aleshire, known to me to be the City MaAager 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. / Nodry Public APPROVED AS TD F Vincent F. Biondo, Jr. City Attorney OFFiClAL SEAL KAREN R. STEVENS Notaq Public - California Principal Office In San Oiegc Ccunty My Commisson I~pwcr Sapt 27 1985 (Notarial acknowledgement of execution of owners must be attached.) lxuxl-PIT r'I" ) LEGAL CESCHIPTION That portion of Tract 123 of Carlsbad Lands,in the City of Carlsbad, County of San Uiego, State of California, according to Map thereof No. 1661, filed in the Office of the County Recorder of San Diego County, hlarch 1, 1815, bounded by a line described as follows: Beginning at the point of intersection of the center line of Highland Street and the Southwesterly prolongation of the Northwesterly line of said Tract 123; thence South 24 33' East along said center line of higllland Street, a distance of 125.33 feet to a point; thence North 55 27' East a distance cf 430.25 feet to a point; thence North 34 33' West, a distance 123.43 feet to a point in the Northwesterly line of said Tract and the Southwesterly prolongation thereof, a distance of 4Ob.49 feet, rxore or less, to the point of beginning. I/// SCHEDIJLE A I?JPFO?EEZl7T COSTS MIN0i3h3DIVISION 647 HIGEJLAJD DRIVE Curb and gutter, $9.oo/it x 125.33 2-t Sidewalk, $2~9O/sq ft x 4,5ft x 125.33 ft AC pavement & base,. $l.F6/sq One street Wee each 40 feet, _ t f; ; $aof;ox 125.33 ft . Sub-total 4,21 Engineering, staking, and contingencies .I5 x 2r211.09 Total .