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HomeMy WebLinkAbout1981-09-01; City Council; 6735; Grove-Marron Road Reimbursementl? " - 4 a c CITY OF CARLSBAD @] Initial: Dept . Hd . 2:GENDA BILL NO. DATE : September 1, 1981 C. Atty,'r DEPARTMENT: City Manager L 73 3- Sub j ec t : GROVE-MARRON ROAD REIMBURSEMENT AGREEMENT--BROADMOOR REFUND Statement of the Matter The basic agreement between the City and Plaza Camino Real for the expansion of the shopping center required the City to contribute $1.5 million for the cost of constructing the parking lot and Marron Road. In order to prevent a windfall to property owners adjoining Marron Road, the basic agreement provided that the City could either (1) reduce the $1.5 million bond sale contribution to the developer by the amount of the adjoining property owners' fair share contribution to the costs of the road or (2) the developer could obtain reimbursement agreements from the adjoining property owners in favor of the City for that amount. The developer produced the reimbursement agreements, which were approved by the City Council, and bonds in the full amount were sold. The master plan for Hosp Grove requires certain park lands to be dedicated to the City, One of the park parcels fronts on Marron Road and is covered by a reimbursement agreement. The master plan and tentative map approvals require the park land to be dedicated free of liens and encumbrances. It was therefore necessary for Broadmoor Homes to pay the lien ($14,522) in order to final their map. By letters dated July 21, 1981 and July 30, 1981 Grove Apartments has asked that the City refund that payment. Grove has offered to add that amount to three undeveloped properties fronting the south side of Marron Road thereby increasing the front foot allocation from $26.25 to $33.79. Exhibits Letters from John Bartman to City Council dated July 21, 1981 and July 30, 1981. Letter from Broadmoor Homes to City dated July 20, 1981. Contracts for Creation of a Lien for Payment for Public Improve- ments (473 ft./$15,982) (396 ft./$13,380) (1057 ft,/$35,716) Resolution NO. 6 & I approving agreements. Fiscal Impact City currently pays $ 260.000 per year to the Parking Authority per year to the City of Oceanside in order to pay off and the $- 2.2 million City contribution for the parking lots and Marron Road. The reimbursement amounts are used to partially offset these payments. Granting the request to enter into a new agreement would delay for an undetermined time the City's receipt of the funds. EILED I , - igenda Bill No. 6 135@ . Page 2 Recommendat ion If Council agrees to transfer the park lien to three other parcels, your action is to adopt Resolution No. 4 6 b approving agreements and direct City Clerk to record the lien agreements. Managers Note The documents and correspondence submitted by Grove Apartments Invest- ment Company refer to Assessor Parcel Numbers which have subsequently been changed by County Assessor. Parcel Number 156-080-12 is now 156-080-18; 156-080-17 is now 156-080-19; 156-080-15 remains unchanged. The Resolution of approval acknowledges the changes and authorizes their correction. The attached exhibit maps reflect the new parcel numbers. July 21, 1981 City Council City of Carlsbad 1200 Elm Avenue Carlsbad, California Attention: Frank Aleshise 0 Gentlemen : I It has just come to our attention that certain properties we are granting to the City of Carlsbad for use as park lands pursuant to the existing Hosp Grove Master Plan are the subject of certain liens in favor of the City for the payment of public improvements. ' We were informed only last Friday, July 17, 1983 that it: is the City's position that such park dedicationsxihich. are requihd as a condition to the approval of Broadmoor Bomes Final Tract Map which comes before the City Council- tonight would not be accepted by the City unless such improvement liens are removed, and Broadmoorl has been forced to tender payment in the amount of $14,516.25 in order to insure approval of its map. Reference is made to a letter dated July 20, 1981 from Fir- James D. Carter of Broadmoor to Mr. Clyde Wickham of the City of Carlsbad's Engineering Department with which the grant deeds and checks were delivered. The last paragraphof said letter notes that these liens should not have burdened the park pro- perties inasmuch as they were to be paid only when development of the adjacent properties occurred. Broadmoor also has requested that its checks be held as cash security for such obligations and not cashed since the undersigned Grove Apartments wou1.d be requesting that the obligation secured by the liens would be . transferred to the balance of the Grove property fronting Marron Road. Grove hereby makes such request: inasmuch as the intent of the reimbursement obligation was to burden frontaze property only to the extent it was Later developed and not to burden already committed pzrk lands. Grove agrees to execute new 3.iens applicable to the balance of its properties fronting Karroii Road in order to satisfy the aforesaid obligation as soon as the proper documentation can be drafted by the Carlsbad City Attorney. If it is impossible to hold the Broadmoor check, Grove requests that the City Council refund the money to Broadmoor at the earliest possible date upon receipt: by Grove of an executed new liens. City Council City of Carlsbad July 21, 1981 Page Two Grove would appreciate a xespanse*to this request as soon as. possible. Sincerely, GROVE Al?ARTMBI?TS JOHN BARTMAN .. r . city Council City of Carlsbad 1200 Elm Avenue Carlabad, Ca. 92008 Att: Frank Aleshire, City Maa-rer Re: Marron Road Improvem2nt Liens Gentlemen: Reference 18 made to our letter to you dated July 21, 1981 4n which the undercrigned Grove Apartments Investment Co. (nGroven) requested that you hold Broadmoor Homes' check in the amount of $U,516.25 which uas paid to you in satlsfaction of Yerron Road improvement liens thzt attached to the public park parcels (Tax Assessor Parcels #156-080-10 an:! 156-080-11) conveyed to you by Grove concurrent wlth Broadmoor'a tract Icap approval, in consideration of Grove's offer to trensfer the obligation to Grove's adjacent property fronting Marron Rosd. We are enclosing herewith Executed "Contracts for the Creation of a Lien for Payment of Public Improvements" in recordable form applic- able to Assesaor Parcels 156-080-12, 156-080-15 and 156-080-17. Thdse contrqts are identical in form to thb existinp contracts applicable to such parcels and are proposed to suyarclede such existing contracts, and in each case the front Foot alloctiticn has been increased from $26.25 to $33.79 per front foot and thus the dclllzr amount of the obligation on each parcel has been increased with the end result being that the ageregate obligations in the new contracts exceed the total set forth in the existing contracts by an amount in excess of the Broadmoor check, all as set forth in the following schedule: Front Ekisting Proposed Assessor Parcel Footage Obliraticrj New Obliaation Increase 156-086-12 l-lL~*q~ 473 $12,416.25 $15,982.67 $ 3,5642 156-080-17 I SI 1,057 27.7- 5.716.43 - 156480-15 I? 396 10,3 9 5 . OC 13,380.a 2 985 $4 Total $5@,5 5;'. 5 15 $65,079.54 Aa we stated in the July 21 letter, the action we are request inp is in keeping with the original intent of the Marron Road Agreements, i.e: the landowner commences development activities and not upon a mere dedi- cetion of park land. of burdening parcels with obligations which are papable only when city Council -2- July 30, 1981 If this proposal is acceptible to the City you may record these new contracts at such time as you refund to Broadmoor its $Ut 516.25 p*vment If this letter and enclosures are not sufficient to accomplish our request or if you need f'urther documentation, please contact me at 213-273-5763 at your earliest convenience. Thaak you for your timely consideration of this matter. /John W. Bartman For Grove Apartments Investmmt Co. M:mp Encl SAN PIEGO Kill Sorrento Vallev Blvd. Suite B San DiePo. California 92121 (714) 455-631 July 20, 1981 City of Carl sbad Engineering Department 1200 Elm Avenue Carlsbad, CA 9200E Attention: Mr. Clyde Wickham Reference: Park Dedication Carl sbad Tract 79-27 Dear Mr. Wickham: Pl ease find enclosed a Grant Deed from Grove Apartments Investment Company , a partnership, to the City of Carlsbad for those two parcels that are required to be dedicated to the City of Carlsbad with the recording of the above referenced final map. Also enclosed is a Title Report from First American Title Insurance Company of San Diego, California, covering the same two parcels described above. This Title Report dated July 10, 1981, discloses that certain contract for the creation of a lien for public improvements dated January 27, 1981. I have enclosed a cashier check in the amount of $14,516.25, drawn on the First Interstate Bank to the City of Carlsbad for payment in full of that lien. It is requested that you hold the cashier's check as cash security on the liens. Grove Apartments Investment Company has indicated that they will be requesting the transfer of those lien obligations to other property own, Because these two parcels were in the Master Plan as park areas, the frontage pub1 ic improvement 1 ien should not have burdened these properties. that they presently 69mes B. Carter Director of Community Development cc: City Manager . City Attorney John Bartman, Grove Apartment Investment CO. P ' TXIS hG,AZE:.:ZST is na2.s by the City of Carl-sbad, a munici2al corporEtlcn (hersirzftzr referretd to zs *'City'), and GROVE A?;-3'?:.:Z;JTS ISVESTXEI~T CO., '(hereinafter referred to as "Property cvJn3r"), both of whom unc?erstanrl an2 agree 2s follows: . 't' RECITALS : i i WEREAS, City and Plaza Camino Real, a California limited partnership ( "Partnership") 'have agreed to cooperate in the t 4 expansion of a regional shopping center situated in the City of Carlsbad; and "EREAS, as a part of said expansion the existing public parking area owned by the Carlsbad Parking Authority will be expanded, including the construction of the Narron Road extension and pbifc ixpmvene_r,ks relate2 *ereto; and "HEREAS, the Partnership has constructed the Marron Road extension and the public improvements related thereto; and WHEREAS , Property Owner owns undeveloped real property (hereinafter referred to as the "Adjacent Land"), adjacent to the Marron Xoad extension. The Adjacent Land was not suitable for development prior to the construction of the Aarron Road extension, but has been made suitable for development by such construction. The Municipal Code of City would require Property Owner to construct said extension of Marron Road and the other public improvements related thereto as a condition of approval for development of the Adjacent Land; and WHEREAS, City has agreed, through its participation in the expansion of the regional shopping center, that the Mal-ron Road , !. extension be constructed to its full width and be fully improved in . advance of City's need therefor, thereby conferring a benefit on the Adjacent Land atid relievincj Property Owner of the above referenced obligation to conc,truct pub? i c improvcr.icnts as a condition to development of the Adjacent Land; and a #+ .; WHEREAS, Property Owner in consideration of the construction .of those portions, of the Narron Road extension which would otherwise be 2 the responsibility of Property Owner as a condition of the I 4 development of the Adjacent Land, desires to enter this agreement to contribute to the cost of the construction of such improvements. NOW, THEREFORE, it is agreed between the parties hereto as f 0 1 1 ows : SECTION 1: Property Owner, subject to the provisions of. this .. ... .... - -. ............. . -. - ... ~. ___ __. *-. - ... .~ .. ..... -. Agreement, agrees 'to pay. to- City th'e cost' of *constructing: curbs,' . cost of $33.79 p2r front.'f-oot .. of -fronta . .- . ... : .... ; -: . . .... .... .. -- - .. .. - .1% .- -. ~ . --_. - .. gutter, 'sidewalk; :streetlights and one traf n.:hgree'd' -_ -:; ._ Road a--.:-..'.- . -. -. .. extension. . Property Owner- has- 1,057 fe ge as- shown ,.l. - . on Exhibit "A", attached'heceto -and -mad and agrees; .:. subject to the provisions of this Agreement, to,pay the City.the sum' of $32,716.03 for such construction. The Property Owner shrill- pay sa ....... .. ..... ... - - ...... ............... .- .. __ . ._ .. .. .. ..... .._. . ... - .. -. -. . - .- .. ~- ....... -. . _- .: . - . .. ... ..... ...... ... ..: ..... ,. -.- . . -- -. . .. .. .. upon receipt of any City-permit au change of the Adjacent Land., such as a grading- perniit:or.a. building - .. permit. ... ..... ... .... _.- .-. ... ... -2.- . : .. . .-..,. - ......... .I ..... .... 1.. .. .. .. . - -. ... _- -. ........ ..... -.. .i' , .... .. .. c_ - .I .I , Sf5C'I' I (,I . 2 : 'rllat for tlie f;lit?lful performance of the promises and covetirints herein contained, a lien upon the Adjacent T,and in the amount of $.35,716.03 ,, and in the event Property Owner, his successors, heirs, assigns, or transferees fail to perform as zp-'cified herein, agrees that City may pursue any remedy, legal 01- c,f!ui C ji31 e, including 'those' PrrJpcrty Owner hereby grants to City s2ecifically referred to herein, for tlle foreclosure of a lien,' and the owner of the Adjacent Land, at the time of foreclosure, hall be liable for reabonable attorney's fees as a cost in said proceedings..' .. & *. . ;, .- .. ': : I .. to th&contrary notwithstanding the promises and covenants made . herein stiall 1;ot be binding upon the I-lolders, mortgagees, or beneficizrics of any first inortgzge 01- first deed .of trust for 'value _' . . .. *. .. -. which has been or may in the future be executed by the Property .. .. .. Owner, his succzssors, heirs, assigns, or transferees, ,,and the lien,.: :.'. ... . . .. . .. - ._ -.. .- to.'he inferior mortgage or fir likewise be of no fdrce--or_-. trustees' sale ... _.-_ . . ..... ........ SECTICX 4: - ___. .-_.. . -. ...... ........ ... ...... .. ..... ...... ..... . ...... ........ ,__._ .:...-. <.-:.-. ... .......... ...... .. . .....e-.-.%, ..... ..._'I... .- ~ . .,. .--. . :. -.- - - ._ - .. _.- - ,Property 0i;rncrs oblFgation; -t%c anount o'f bond to .bc.~$?5,716.03 .. :, .and ..'; :.--: .............. ,.*.!...,:. .'*. ! '.. that ripon dcpasit of- said bash-'or posting of 'said bond:-thq,.City --..!.- ..::. .: * .... . _. . ........ .. .......... .. -. .... -..c,.-&;;.,,p..:~.: - .. .... ....... . ... ... .... -.3 - -.... :.-: ... 1 ..-. .... ......... . ......... . -- --I -. ... - - .- .. .. ._.- . * -.-e. -I I. . .. ........ .... ....... . -' .... ... . . - .- .... -..- - ......... -*-I: .-.. t+:*,..y::.. :.-. ......-e -: ...... ... ....... . ** .. -. - ".. . . ... -. . . .... ,e-- I .. .. ,-- ..... C. .......... ....... 'i - .+-. .-.. .'-F. ...! .- - ... ...... ............ ......... .:. .. ...... -.. .. .._ .- .. - . .I., . .. ? - .-,.a .......... ._. ...... . .:. ., .. ........ -. ... . .--. .... * ... I ...... --.. ..... :.. .:I@ .. .. - . *. .. .. .... ...... *...' ... .. ., ..... ... ... ''I .. f,. . .: ..... .. .. ..I .. .. .- . . .. ....... ..... ..... ...... .. .. .. .... . I. c .. ayi-c.',.s. to release the Adjacellt T,Firid,. or my portion of it tis to which said dcposit or posting zpplies, from the provisions of this agi-t.cri~cnt, and to execute any n~chssary release to enable the record ' I. title of the property to be released from the -lien herein imposed. . SEC'I'ION 5: This Agreemeat and the covenants cbntained herein shrjll Le binding upon and inure to the benefit of the succcssors, heirs, assigns, and transferees of Property Owner, shall run with /'C the kr?jacent Land, and create an c-,uitable servitude upon said -4 *, \ L Adjacent Land. ' '\ .. I This Agreement and the covenants contained herein shall be binding upoh and inure to the benefit of Property Owner and the su~ce:sslvc cn*i~zrs of the Adjacent Land only during their respective 'I periods of o-irnership of the Adjacent Land and shall not be an obli5ation upon the person w3llch survives a transfer of the Adjacent Land. .Any personal .oD-iigation createci hereunder shall terminate ..... -I .......... ...... ........... _- __z . i - -- . .- ........ ....... - .. .. . .-. .......... .. ... 3. -' .... .. ... ...... ... ....... .... -. - . . _- - . . __ ---. . - - __ - . - ~ - . - . - .- - ..-. . ........ ........ _-_ .ucon transfe.r. of' -the.;-'Adjacent7- ._._ ;..---.. -. - .~. - --- - - ~-. - -. ...... ..... ~. ........ .._ .......... ............... ..... ....... , . . -. . - ... ....... .-. . - .- .. . .1 , - ..... --. .. Ci i-y CJ~ Carlsbad and- PIS.za.'Camino ... Real dated November 5, 1375, on' file in the'-of f ice of. 'tlie ~ Ci by city. ...... - ... ._ .. ...... -. .- .. r-. Clerk, terminates, shall be .rele&sed .~:{k: .: _. ___- ---.. .... ..... .......... ----. . -. .: , -___ . .. .... . .... - - - .-._- ....... :.c::. ...... .... . .... - .. .-.-;e .... -. ... ....... ~. -.- - - . -, . .... .-. . . _. . ....... - .. .. ~ . . - .-- ........ .. , : . .. .. .. .- _-. - .r .. .... .. -. - - - - .. _-. .. .. ..., ............ -. SZCTfON'8:-. TV%S.:-:agr&&#, &-all. supmcede and replace. .... the contract .... ,' -. - _. 1'. ... . - ._ -. ... -. . -. - .. .. executed Janusry 27, :!98$:'=bp. tha .... :Per$es'.hereto. .regarding the .'.p&p&%y +**Perred . - ._ .. -- . ....... . . . .... ....... ... -. ..-_-.. -.. . ., . : .*.. *.. .. .. .. Sen _. . .- Diego c-. .. t IN WITNSS WHlBEOF, the parties hersto have executed this AprepreLnC on the 30th day of July, 1981, ATTBT: City Clerk CITY OF CARISBAD, A Municipl Corporation of the State of California Grove Apartments Investment Company &&?44- Fred A. Bartman, Jr., Gem re1 Par: r ProPerCy Owner APPROVED AS TO FORM: City Attorney TO 442 C (Partnership) I } ss. STATE OF CALIFORNIA 3d C”rI I COUNTY OF On t before me, the undersigned, a Notart%n T. anifor said State, personally appeared (Thin area for omcial notarial seal1 '.it. .. .. .. .: .\ . 4 . .. .. 4 - .. .. .. ... .. *. . .. .. ... . EXH 18 IT "A" 13 -ll P i- F - . cor2orrtlcn (her2ir,eftzr referre5 to zs "City"), ani! GROVE Wnsr"), both 05 whon unc?!erstand and agree ZS follows: RECITALS : \' t* WHEREAS, City and Plaza Camino Real, a California limited partnership ( "Partnership" ) 'have agreed to cooperate in the f d expansion of a regional shopping center situated in the City of Carlsbad; and WHEIiEAS, as a part of said expansion the existing public parking area owned by the Carlsbad Parking Authority will be expanded, including the construction of '-&e Harron iioad extension afid plsiic im~~vexisr?_ts relate2 +,?ereto; and WHEREAS, the Partnership has constructed the Narron Road extension and the public improvements related thereto; and WHEREAS, Property Owner owns undeveloped real property (hereinafter referred to as the "Adjacent Land"), adjacent to the . Xarron Road extension. The Adjacent Land was not suitable for development prior to the construction of tihe fiarron Road -extension, but has been made suitable for development by such construction. The Municipal Code of City would require Property Owner to construct said extension of Marron Road and the other public improvements related thereto as a condition of approval for development of the Adjacent Land; and WHElI).:AS, City has agreed, through its participation in the !. expansion of the re2ional shopping center, that the Mal-ron Road extension be constructed to its full width and be fully improved in advance of City's need therefor, thereby conferring a benefit on the Adjacent Land and relieving Property O*rner of the above referenced obligation to construct public improvcr,icnts as a condition to . , development of the Adjacent Land; and / *- WHEREAS, Property Owner in consideration of the construction of those portions. of the Marron Road extension which would otherwise be !+ . the responsibility of Property Owner as a condition of the 1 *4 development of the Adjacent Land, desires to enter this agreement to contribute to the cost of the construction of such improvements. NOW, THEREFORE, it is agreed between the parties hereto as f 0 1 1 O'dS : SECTION 1: Property Owner, subject to the provisions of this _- Agreernent, agrees 'to pay to- City the cost' of *constructing curbs,* __. ---- ~ -- A- - ! .- ._ .. gutter, sidewalk, .-street1 ights an cost of $33.79 p2r fron$.'f_oot of -fro extension. on Exhibit ."A", attached-hereto a .. .- .. .. .. . Property Owner- has. 3% . .. .. .... ~ . .. -. -. - . . .. - .. :;iibject to the provisions of this Agreement, to pay the City- the sum' of $13,380.84 for such construction. .. . ..... . . -- . . .._ . . . .. .t .. .. .;'. . ..: .. .- _._ . . . _.. . -- .- . .. . . ..- - , - .. .: ..- . .__.. -. . .. .. .. .. . ._ ._ . - . . -. . -. . ~ __ . ..._ . - -- . .. .- . _. . -. The Property Owner shall' pay said--sum &.$ 13,380;84 .tolCity -- .. . -. .. . .. -. . .. . . ... .. . .. ~ upon receipt of any City .permit authorizing a€firrnative I physical-. . . :'.'-. -' change of the Adjacent Land, such as a..gradin$-' perniit:or .a. building . .. .. .. '. . .. ... . _. . . . _. .. . ~ a. - : . , . .. , -, .:.. . 1 -_ .. .. . * .' . .. .I .. *. .-, . - .. .- .. . ... ..._ .... .* . -. . :. . permit. -. . .: .. .: . ._ _I ,- *b * SECI : I ,:: ?'h3t for the faithful performance of the pirorn.ises : 1. and COVCII~I:J~S i. rein contained, Property Owner hereby grants to City a lien upsn t;:> Adjacent T,and in the amount of $ 13,380.84 ,# and in the event ProLj<-:::ty Ovner, his successors, heirs, assigns, or transferees f;:j 1 tc, p2rLoi-m as specified herein, agrees that City inay plJrsuo i:riy I ,:t:tiy, legal 01- equitable, including those' spcifically referred to herein, for the foreclosure of a lien, and the owner of the Adjacent Land, at the time of foreclosure, hall be liable for reasonable attorney's fees as a cost in said proceedings. ' rnL-L :A SECT:=)>: 3; IIIuL IL is agreed' t%at anything herein contained f' to the'eontrary notwithstanding the promises and covenants made herein ~5.211 I:~)' h: liinding upon the holdi.-rs, mortgagees, or beneficizri<?s A- ;:i;y first mortgage or first deed of trust for'value which has been or rmy in the future be executed by the Property Owner, his successors, heirs, assigns, or transferees,. and the lien .i :. ... .. -. ... .... .. .. - - -- .- ., .... - -. . fie'reby .create-d shall-- be - and : 2s- .hereby .. subordinated ... to .... ... .. .- . .* .;. :. .. .~ .- .. -- -t,o' he inferior anci su~sequ 1ic;rn. to the- ii mortgage or first- deed of- likewise be of no the Adjzcent-,Lznd trustees' sale of .. ... _. SZr,T;IC>I .$: ... provided, the Prop transferees ~~iay G bond sat is factory -. . -, . ,. .. -., . .... .... .... .. ....... .. - .. ........ ....... - . . __.. ..... . ...-. - ., .- - -. - .. - .__. . : .. - -. Property Oxncrs obi irjati0n.T.' that ripon deposit of Said cash---or post.incj of 'said bond',the ,City :. .... .. ' I 'p. '-amount. 0.f bond to -be'-.$ 13,380.84 . , ,.and .:' .. ... .... ...... .... .. L. ..... .... -. . ...... .. .L.. .. ... .. *. - .. - . - ._ - -. . . .__ . : . -.-, . .. .. - .- ........ ............ ..... - . I ....- ..... ... .......... .... .... __.... --.. ... . _. . -3 1 ......... .; :. . .......... ... _. ..... .. : - . .- :. _- ...... .... .. .. ............ -. .. . I.- . ... .. -__ -- ... .... .... ., - .. ...... .. - .. .. ... ; 'I ,. ayl-ccs Lo ri:lc;lsc the Adjacent T,;ind,. or any portion of it as to which said deposit or posting applies, from the provisions of this agr-ecrnent, and to execute any ncckssary release to enable the record .1. title of the property to be released from the #lien herein imposed. . SI.X'l'ION 5: This Agreement and the covenants contained herein shall be binding upon and inure to the benefit of the successors, heirs, zssigns, and transferees of Property Owner, shall run with / -* the kr?,$;leent Land, and create an equitable servitude upon said '* Adjacent Land, I This Agreement and the covenants contained herein shall be 'd binding upon and inure to the benefit of Property Owner and the success.ive O-h*i.isrs of the Adjacent Land only during their respective perioJs of o.,.~acrship of the Adjacent Land and shall not he an obligation upon the person which survives a transfer of the Adjacent Land. Any pers - -. - upon transfe,r. o . .. . - __ - . ..... .. __ -- . . is, described. on E .._ SECTION 7: ... , . . -. . - the Parking Authori.ty -of the . _. . ., - City o; Carlsbad and''P.l.Sza--.Camino -Real' datcd November 5, 1975, on- file in the office -City Clerk, terminates, shall be .rele ... .. .. .. ... ...... .. .... - - . _. . -. . .. .I . .. .. ..~ . ._ .. 7. . .. ._._- ,. '. .-_ - - _. . __. - -, -..I ._-. .. .. .. by City. .. . ., . ... . ... .. SZCTI'ON-8: TF SGht &-all supercede and replace the contract ' - .' .... -. .. .... ... ... executed Janusry 27 to herein as being .adjk@egt to 3%1fe'dg.'of frontape on Marron Road '($.e..-. . - San - . Diego L... County Tax As,csssor Far~e$.:. No,. 156-080-15). k'98$:'-br. the ...... :Parfie8 hereto regarding the. propeity TePerred I .- - .. .- -- -. ... ........ . : , ...... ... .. .. ' -.. -___. - ,, .. - .- . .. ... . .... . ........ . ...... ...... ... .~ . ._ . . . -- .. . , .. .. -. .. - ~. -.- ._ .-.. __: ..I_. , . - . - ._ ...... ... .. .. _. - ... .. : i --... 4.- 7 - ...- c-- .. .... .. . ...... .. .. -. . .- .- , - .f .. .. .. .. ..... *- (_... . i. .. - -. - - - : > ..-. .~ .. .. I-.. .. ... ... .. , I ,b. .. , .. '. -4- .. :, ... .. .. ._ . .- b ' IN W1TNr;SS WHEEOF, the parties hereto have executed this Agrecmnt on the 3Cth day of July, 1981, } ss. STATE OF CALIFORNIA COUNTY OF. ATTEST: CITY OF CARISBAD, A Municlpl Corporation of the State of - 1.- *- City Clerk Grove Apartment8 Investment Company &ddZ-!* Fred A. Bartman. Jr.. General artner APPROVED AS TO FORM: City Attorney TO 442 C (Partnership) .* ,- .c o 14 rj E R Grove Apartments Investment Company h .. FRONT FOOTAGE 396 EXHIBIT “A” t 4 U THlS kG,EE:.:Zt.r'T is naett by the City 05 Czirl-sbad, a municipal . corporzticn (herzir,kftc?r referred to 2s "City;'), and GROVE h?;-3?-:5;3TS 'I!'VESTXZST CO. , (hereinaf;er referred to as "Property Cwnsr"), both 05 whom unzerstand and agree 2s follows: . RECITALS : \* !. '* WHEREAS, City and Plaza Camino Real, a California limited partnership ( "Partnership" ) 'have agreed to cooperate in the 1 d expansion of a regional shopping center situated in the City of Carlsbad; and hTiEilEAS, as a part of said expansion the e'xisting public parking area owned by the Carlsbad Parking Authority will be expanded, including the construction of the Marron iioad extension and pSlfc L~zqrovensr~ts relztei? thereto; and 'WHEREAS, the Partnership has constructed the Marron Road extension And the public improvements related thereto; and WHEREAS, Property Owner owns undeveloped real property (hereinafter referred to as the "Adjacent Land"), adjacent to the Marron Xoad extension. The Adjacent Land was not suitable for development prior to the construction of the ~arron Road extension, but has been made suitable for development by such construction. The Municipal Code of City would require Property Owner to construct said extension of Marron Road and the other public improvements related thereto as a condition of approval for development of the Adjacent Land; and '. I. ,I .. WHERE/~,S, City has agrcaed, throucjh its participation in the expansion of the regional shopping center, that the Mal-ron Road extension be constructed to its full Qidth and be fully improved in . , !. 1 advance of City's need therefor, thereby conferring a benefit on the Adjacent Land and relieving Property Owner of the above referenced obligation to construct public iinprovcr,icnts as a condition to . - development of the Adjacent Land; and t / *J Wh'EREAS, Property Owner in consideration of the construction*.of those Portionqof the Marron Road extension which would otherwise be ,\*. f .- the responsibility of Property Owner as a condition of the I 4 development of the Adjacent Land, desires to enter this agreement to contribute to the cost of the construction of such improvements. XOX, THEREFORE, it is agreed between the parties hereto as follows: SECTION 1: Property Owner, subject to the provisions of: this -- :; ... .- - .... -.~ .......... ........ . _.. .- . . _._ . . - -. - . --- --. - . .- ..... -. 'Agreement., agrees.'to pay. to- City th's cost: of. *constructing -. curbs;' .. i. . -: - .. ..... .-? ... .... ...... .... ... .. .. .- -. . .- . .. _i ._ . _-_ - .. ._ gutter , .-sidewalk ; .'street 1 igh t s and- -one t r a € f i c-.-.:lSzne''a ... t:T.an cost of $33.79 per front" fpot extension. . Property &ner .ha e as- shown ;.- on Exhibit "A", attached-here d agrcds;'.;. .- . subject to the provisions of this Agre'cmcnt, to pay the.City-.the sum' ... . of $.15,982.67 for such construction. reed' -.'-.?.. _. -._ - ..... ... ...... ........ - _z_ -. - . . _._ .-. . ............. -_ 7- ad *---?" .-. _. : .:..I .... . -. , ... .. ... . _. ...... ... .. .. ... ............ .. -. .. .- .. ... ... ...... -- .. - ._ ' .... .... -- ...... .. ... ... ..... ........... ...... ... ..... '. .I : ............... .... ......... ....... _- .. ...... ........ ....... . __ .__ -- -- --.. .__ .-- .. . -. ... ....... ............. ..... . ..__-_._._._-.-..-. ... ..... ..... .., . -- ......... .............. ... .... ..;..~-. ___.__._ _. .-. . -. .--. .... . . .. . -. . - - . . The Property &ner ;-hall- pay sa;d'--sum o..f..$15,982.67 to'(Ci<y ;:.:;;: -:I+ r-1 .. .... -. .... ... ,?., .. i' .... .. upon receipt of any City. permit au-thprizing aEf.irmative .yhys.ical. .:.'-<.'.': ...... ,-.-: .. .- .. ... .. .. . .+ -. . change of the Adjacent Land, such as a grading permit:or.a- building . . I. permit. .. . .- *. ,. - : . ......... ... . -. .. ... *. .... ..... .. .. .* .I.. . ... .. b ' - .- .. - .-.. ..-j :.. . /+. ., ..... -. . :. . t. .... ...... .I .. , . .. .... ,. . ..... ";, . 2. ...... ... ... -..* . ..... - .. .. ......... :. -. -. - .. .. ........ -.. .. . i' .,. - 2--, I .. .. .. .&. ,. . .... 2.3 ... .. . .I .. .... ..... _. .. .. _. .. .. .. ,I L' s EC'I' 1 ON 2 : That for t.hc faithful performance of the proliiiscs : r. and covet~~ints herein contained, Property Owner hereby grants to City a lien upon the Adjacent Jland in the amount of $15,982.67 , and in the event Property Owner, his succcs~~ors, heirs, assigns, or transferees fail to perform as ~:j_'~'if ied herein, agrees that City may pursue any remedy, legal or 6.' j I i i~:~hle, including those s2ecifically referred to herein, fnr Lhe foreclosure of a lien, and the owner of the Adjacent Land, at tl~e time of foreclosure, &all be liable for reasonable attorney's fees as a cost in said proceedings. ' .. '1 rvnrn~n.ri 9, ml- AdiaL - It is agrees' t>at anything herein contained dULIILUI. 3. . I' to the! contrary notwithstanding the promises and covenants made herein ~5.211 not be binding upon the holders, mortgagees, or beneficiaries of any first inortgz:cje or first deed of trust for'value wflich has been or may in the future be executed by the Property Owner, his successors, heirs, assigns, or transferees,..and the lien .I :: ... ...... ........ .. .. . ~ .. .h eby .created shallr:be and.-.is-. he .... .. __ . . * to--be mortgage or fir likewise be Or' the Ad j acent'..Lz trustees' sale of any,such f inferior and subs.equent ... iri ... _. ...... ...... SECTLC7X 4: . .. provided, the Prop transferees may deposit- a. ca bond satisfacto Property 0-3rncrs that upon deposit of. said cashl-or posting of .said bon .. . ...... .... .. . -.. ,- .A.'..;-..L-. .. . -. .. . -. . ...... L. _. -- . . __-, r....-.. - -. .. .. ....-.. i, .. e ,.City -. . .. *- .... .. .... _..- ... . .- .. - -. ... ._.- ... .... ..... .. -.-:--: .._ . - .- .... .- .. ... -.. . .. ..* .... .,~ -.._., ,.. ~ .-,, .. -.. - .. .... .- ... . ... . .- . -.. .. , ..... - I. ... .. .. -3-, ., :. ........ ....... ._.__--.--. *.. .I. .. ... .. :- .-..A .... . i ......... ... ... 9 ... ,-. ... . '-: . .. .. . -. .. ...... ... .. , .. .. .. . d. 4 4 a91 CI:C: ti. 1~-1e-::,~ t;,( ;.,fl-j,lce11t Land,. or any portion of it as to whjch r.aid deposit or !);sting applies, from the provisions of this agrecrIlcnt, and to execute any necessary release to enable the record .A 6 title of- the property to he released from the #lien herein imgosed. . s rxn ON 5 : This Agrisc:nent and the covenants c'ontained herein shall ?e ?~jrrClling upon ;ir1d iiiurc to the benefit of the successors, heirs, ~?ssigns, and transferees of Property Owner, shall run with the k.2-j;lzcnt Land, and create an equitable servitude upon said Adjacent Land. L I.. I I This Agreement and the covenants contained herein shall be '44 binding upon an6 inure to the benefit of Property Owner and the success2ve o,:~-,~L's of the Adjacent Land only during their respective periods of o'~r1ershlp of the Adjacent Land and shall not he an o'bli~aticn 11;;33 :::e person which survives a transfer of the Adjacent Land. Any p'ersonal .ob-iigation created hereunder shall terminate . .:.'-;... .. .- ... ... ..... ... .... - . - - -. ........ - .- __ . -. - __ -. .. . .- j. _. . . ~. . ~. .. .. ___. ~ .- . ,. . ___- ...... . icon transfer of- Lana. :-- - - - . : ._ ._- - - . ~ - , -. .... . .. _. -. . _.~. . . . -~ .. ... : Land-upon ;. SECTION -6:-- 1 ..... -_- - ..-~. -. - ... . ,.I - .. .... ..... . ._ .. -. -- . . .. . _. .. .. .._ . _. ...... .... . ca-lled by :City when. that;-certain-. ... ;.'.- .: . ~ SECTION 7: -- - .............. a .. part.hereof ...... ... .... .-?. ,. ........ .. ._ is,. described. on attach& hereto and m .... ..... -.. .. .. . ........... .... ........ .. . ... .. -. . .. ........ . - _-. .. ._ . _. . ._ -. -. - . Agreement bktween t?ie-- city-:of 'Carlsbarl; the- Parking Authority 'of:. the . ...... .. , - .. ..- .. shall be .rel.eksed.:i.-: .. --.--- .... .: ....... ----- ... ....... ........ ... .... ....... A;':- . .............. .-.-2 .... -. _.- . - I .. ... . -. . ... ?. - .-. __ . _. . .. .. ~ _. . .. ... .,... SZCTION;8:- This --agredment -&.a12 ,supercede and replace- executed Janusry 27, .k981,..by. .... - . - tha ..... .Parties hereto. .regarding the .......... ... .. ..... .. .. .. .... ,... .. __ .. .. ... .( . .. - .. ... - the ,contract ...... -_ . ' - .. . .' . ... pmps~t~:..~e~~;i.rkd ' . .' Road .'( 5. e..-: ..- San ... Diego .-. .. ... ..... _. . . -. ... _. ... to herein as being ad jaoent to 4?3'!ft;'ekt-of frontape on Marron .. .- > .. ... -. ......... r. - .. .. a. .. . . ~. . - _. .. ... .. ....... ... . County Tax Asjsncor Ferc~l No,. . ....... - .- .. ... ---_ 1 ;: 35.6-?80-1.8 1. ..... .. .. .... . I*. . .. .. 3 3" 0 .... .. .. '. -4- , .. -.. .. 'I .. .. -. .... .- . L L i IN WITNSS WHLWOF, the parties hereto have executed this Agreerest on the 3Cth day of July, 1981, ATTEST : City Clark CITY OF CARISBAD, A Municipal Corporation of the State of California ~ ~ -~ ~ Grove Apartment6 Investment Company Fred A. Bartman, Jr., General artmr Pro$erty Owner v APPROVED AS TO FORM: City Attorney TO 442 C (Partnership) } ss. STATE OF CALIFORNIA Ld+ 3" 1461 !&.t5&L ,a COUNTY OF, -A Q-lA On before me, the undersigned, a NotaryPublic in and for said State, personally appeared ".. / known to me =ws~~k%maa~mwwus2~ea~m to be of the partners of the partnership that executed the within instrument, and acknowledged to me that such partnership executed the same. WITNESS my hand and official seal. OFFiClAL SFAL klARF23Z J. PIENTECORVB NCISAII~ %J' 8.C - CRLiFORNlA P'C I'rdFVL OFF,ck IN L5Z AkXLES CaUNW lrly Cmnissron Exp. Mar. 22, 1985 Signaturepvveq h' P '?-V=k&-( fi/qPJOfijE d. pi~NT6coAt/c, (L1111~bB1Bm~~~~1189r:~~JII"~~Q~(pdBDB.~8QJ Name (Typed or Printed) C (This are8 for ol7icial notarial seal) i 473 .. -.. . EXHIBIT "A" 1 00 bb 1 t II RESOLUTION NO. 6661 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING AND AUTHORIZING THE EXECUTION OF THREE AGREEMENTS WITH GROVE APARTMENTS INVESTMENT COMPANY WHICH SUPERSEDE PREVIOUSLY EXECUTED AGREEMENTS DATED JANUARY 27, 1981, RELATIVE TO PROPERTY OWNER'S CONTRIBUTION TOWARD EXTENSION OF MARRON ROAD FOR PLAZA CAMINO REAL REGIONAL SHOPPING CENTER EXPANSION. WHEREAS, Assessor Parcel Nos. 156-080-12, 15 and 17 have, in part, been renumbered by the Assessor and are now Parcel Nos. 156-080-18, 15 and 19 respectively; and WHEREAS, the correspondence and documents submitted by the Grove Apartments Investment Company refer to the old parcel numbers; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the three agreements with the Grove Apartments Investment Company, dated July 30, 1981, covering Assessor Parcel Nos. 156-080-12, 15 and 17, entitled "Contract for the Creation of a Lien for Payment for Public Improvements" on file with the City Clerk and incorporated by reference herein, shall be corrected to reflect the change to Assessor Parcel Nos. 156-080-18, 15 and 19 respectively and said agreements are hereby approved. Said agreements supersede previously executed agreements dated January 27, 1981. 2. That the Mayor of the City of Carlsbad is hereby authorized and directed to initial the corrections stated in /// /// Section 1 above and to execute said agreements for and on behalf of the City of Carlsbad. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Carlsbad, California, held on the day of , 1981 by the following vote, to wit: AYES : NOES : ABSENT: c- SALD C. PACKARD, Mayor ATTEST : "\ ALETHA L. RAUTENKRANZ, City Clerk (SEAL) 2.