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HomeMy WebLinkAboutPCD 82; ROOSEVELT 42; Planning Commission Determination (PCD)PLANNING APlATIDN LAND USE DISCRETIONARY ACTIONS REQUEST Ci Zone Change OSpecific Plan Ci General Plan Amendment DSite Development Plan El Tentative Tract Map []Conditional Use Permit O Major Planned Unit Development DVariance Ci Master Plan f2lPlanning Cczunission Determination O Major Redevelopment Permit []Special Use Permit o Minor Redevelopment Permit []Structure Relocation O Precise Development Plan OMajor Condominium Permit (check other boxes if appropriate) QCoastal Permit (Portion of Pdevelopiient Area Only) Complete Description of Project (attach additional sheets if necessary) 42 J2 bedroom, 2 bath apartrnnt nni1- to he 1 &rl ona 2136 acrQ - parcel near the intersection of Roosevelt & Magnolia Streets. Project to consist of 5 separate buildings which cluster around a central common area. The common area includes a lap pool & spa. Buildings to be stacked flats, 2 stories in height. Legal Description (complete) SEE ATTACHED- Assessors Parcel Number 204 '160-12 Zone General Plan Existing Land Use RDM RMH Single family residence Proposed Zone Proposed General Plan Site Acreage RDM RMH 12.136 Acres. Owner - Applicant Name (Print or Type) Name (Print or Type) Roosevelt Stree.t 42 Charles F. Rowe Mailing Address Mailing Address 3138 Roosevelt St., Ste. K P. 0. Box 142 City and State Zip Telephone 'City and State Zip Telephone Carlsbad, CA 92008 434-3125 Carlsbad, CA 92008 434-3125 I CERTIFY THAT I AM THE LEGAL CNER AND I CERTIFY THAT I AM THE OWNER'S REPRESENTATIVE THAT THE ABOVE INFORMATION IS TRUE AND THAT ALL THE ABOVE INFORMATION IS TRUE ND,2Ecr ThE,EST OF MY KNOWLEDGE. AND C THE BEST OF MY KNOWLEDGE. DATE DATE -January-11, 198 January 11, 198 Date AiicatiQn Re&d ftqqiVed By Pi8 ived, Wcopt No. Staff Assigned Jcam Nt*er' bate Application Rèc'd VN r 0 0 I. SPECIFIC REQUIREMENTS General Plan Amendment/Zone Change 1. Application For 2. General Requirement Items F-O 3. Reproducible 1:500 scale map of subject property showing requested zoning and surrounding zoning and land uses. 4. Fee: General Plan Amendment $765.00 + $5.00 per lot or acre, whichever is higher. Zone Change: $655.00 Master Plan/Specific Plan T. Application Form 2. General Requirement Items: - eighteen (18) copies of items B-D - items E-O 3. Fee: Master Plan $1,635 + $5.00 per/acre Specific Plan $1,090.00 Master Plan Amendment: Major $545.00 + 5.00 acre Minor $185.00 + 2.00 acre Specific Plan Amendment: Major $440.00 Minor $ 75.00 Tentative Tract Map 1.. Application Form 2. General Requirement Items - eighteen (18) copies of item A - items E-P 3. Fee: $530.00 (1-25 lots or units) $765.00 (26-100 lots or units) $1,310 (100 + lots or units) Revision: $330.00 (1-25 units or lots) $545.00 (26-100 units or lots) $765.00 (100+ units or lots) $150.00 Revision that does not change design of subdivision Major Planned pevelopmen.t (5 or more units) I. Application Form 2. General Requirement Items: - eighteen (18) copies of items B-D - items E-O 3. Conversion to Condominiums - list of names and addresses of all tenants of the project, proof of notification of the tenants 60 days prior to filing tentative map. ... zL.;1- ic+ Ir 3Sbct seL-s4, ISSUING OFFICE: CONTINENTAL LAND TITLE COMPANY 4542 RUFFNER STREET SAN DIEGO, CALIFORNIA 92111 (619) 278-4171 • CALIFORNIA BUILDERS • 1133 ROOSEVELT STREET STE fl1<t • CALSEAD, CA Attention: CTARLIE 'OWE Your No. 42 LThITTS Our No. 79115-05 Dated pY 7:30 AM. By title Officer ^ALP14 ARM'TTA In response to the above referenced application for a policy of title insurance, CONTINENTAL LAND TITLE COMPANY hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or en- cumbrance not shown or referred to as an Exception in Schedule B or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage of said Policy or Policies are set forth in the ffached list. Copies of the Policy forms should be read. They are available from the office which issued this report. THIS REPORT, (AND ANY SUPPLEMENTS OR AMENDMENTS HERETO) IS ISSUED SOLELY FOR THE PURPOSE OF FACILITATING THE ISSUANCE OF A POLICY OF TITLE INSURANCE AND NO LIABILITY IS ASSUMED HEREBY, IF IT IS DESIRED THAT LIABILITY BE ASSUMED PRIOR TO THE ISSUANCE OF A POLICY OF TITLE INSURANCE, A BINDER OR COMMIT - MENT SHOULD BE REQUESTED. The form of policy of title insurance contemplated by this report is: 1. California Land Title Association Standard Coverage Policy 0 2. American Land Title Association Owner's Policy Form B D 3. American Land Title Association Residential Title Insurance Policy 0 4. American Land Title Association Loan Policy 0 Issuing Policies of Iu'yeis1Jde Insurance &poration . 0 SCHEDULE A Order No.: The estate or interest in the land hereinafter described or referred to covered by this report is: A FEE Title to said estate or interest at the date hereof is vested in: AKIRA NISHIMOTO AND KYO NTSHThIOTO, HUSBAND AND WIFE, AS JOINT TENANTS, AS TO AN UNDIVIDED W/ INTEREST; AND BURT Y. NISHIMOTO, A SINGLE MAN, AS TO AN UNDIVIDED 40% INTEREST; AND TAMARACK 7, A JOINT VENTURE COMPRISED OF ANGELO GAROFOLO, JR., A MARRIED MAN; JOHN J. BERUTTI, A MARRIED MAN, AS HIS SOLE AND SEPARATE PROPERTY AND CHARLES F. ROME, AN UNMARRIED MAN, AS TO AN UNDIVIDED 2(A INTEREST, ALL AS TENANTS IN COMMON The land referred to in this report is situated in the State of California. County of and is described as follows: SAN DIEGO SEE ATTACHED LEGAL DESCRIPTION CITA Preliminary Report Form . : SCHEDULE B Order No.: At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in the policy form designated on the face page of this report would be as follows: 1. Property taxes, including any personal property taxes and any assessments collected with taxes, for the fiscal year 1984-1985. 2. The lien of supplemental taxes, if any, assessed pursuant to the provisions of Chapter 498, Statutes of 1983 of the State of California, 3. RIGHTS OF THE PUBLIC IN AND TO ANY PORTION OF THE HEREIN DESCRIBED PROPERTY LYING WITHIN ANY DEDICATED ROAD OR HIGHWAY, 4. An easement for the purpose shown below and rights Incidental thereto as set forth in a document Purpose : WATER PIPELINES Recorded : BEC1BER 31, 1940 IN BOOK 1111 PACE 318 OF OFFICIAL RECORDS Affects : FIVE FEET fli WIDTH ALONG THE SOUTHEASTERLY LINE OF THE HEREIN DESCRIBED PROPERTY Reference is made to said document for full particulars. Said easement has been granted and reserved in various deeds of record. 5. A deed of trust to secure an indebtedness in the amount shown below, and any other obligations secured thereby Amount : $406,500.00 Dated : AUGUST 16, 1984 Trustor : AKIRA NISnIMOTO AND KYO NTSHTMOTO, HUSBAND AND WIFE, AND BURT Y. NISHIMOTO, A SINGLE MAN, AND TAMARACK 7, A JOINT VETT1TRE COMPRISED OF ANGELO CAROFOLO, JR., JOHN J, BERUTTI, AND CHARLES F, R(ME Trustee : REAL PROPERTY TRUST DEED CORPORATION, A CALIFORNIA CORPORATION Beneficiary: ROBERTA H. WHITLOCK, A MARRIED WOMAN, AS HER SOLE AND SEPARATE PROPERTY Recorded : SEPTEMBER 14, 1984 AS FILE/PAGE NO. 84-350460 OF OFFICIAL RECORDS To avoid delays at the time of closing, please suhtit the Original Note, Deed of Trust and the (property executed) Request for Reconveyance, to this office, at least one week prior to the close of escrow. CLIA Neilminary Report Form . 'I 6. We will require a statement of information from the parties named below in order to complete this report, based on the effect of documents, proceedings, liens., decrees, or other matters which do not specifically describe said land, but which, if any do exist, may affect the title or impose liens or encumbrances thereon. Parties: RCE (Note: The statement of Information is necessary to complete the search and examination of title under this order. Any title search includes matters that are indexed by name only, and having a completed statement of Information assists the Company in the elimination of certain matters which appear to involve the parties but in fact affect another party with the same or similar name. Be assured that the statement of information is essential and will he kept strictly confidential to this file.) 7. No known matters otherwise appropriate to he shown have been deleted from this report, which is not a policy of title insurance but a report to facilitate the Issuance of a policy of title insurance. For purposes of policy issuance, Items, if any, may be eliminated on the basis of an indemnity agreement or other agreement satisfactory to the Company as follows: NONE SPECIAL NOTICE Chapter 1004, California Statutes of 1984 becomes effective January 1, 1985. This legislation deals specifically and restrictively with disbursement of escrow and subescrow funds by title entities. This law reculres that all funds be deposited to the Coinpai's escrow and suhescrow accounts prior to disbursement of funds. In order to avoid material delays in closings and dis bursements, all fundings should either be by wire transfer or by checks drn on California financial institutions. Pronerty taxes for the fiscal year shown below are For proration purposes and the amounts are: Fiscal year 1984-185 1st Installment : p455.97 PAID 2nd Installment : $455.97 OPEN Exemption NONE Land : $66,793 Improvements : $4,236 Personal Property: NONE Code Area : 09000 Assessment No. : 204-160.-12 204-14 I ROOSEVELT -. - - - - I :waP€) I > 29 * A 14.. /. ® 13 14 PA ,s: 0 S4.AC / r) I I a atsm 1 > cc TYLER Pr ST. _ "L.j &S• TCT 107 I— .- .74 AC. I SIlT I I- _______________ .—--------I %, A iIx *f(,• I 1 CLIO It CLII T •j/ 5°' * _____________________ M7Th - BU(.O . .,, . - . I I A. T. & s.r WASHINGTON ST. so All •,O r OlIN A yI ¶5Oc S NIP At :01 PI, If NAtAl 1* AnN ASSI SSMAPIT P,IN,'ocrs nmil A-. P'JAD€ EU' ACACIA AVE. NUT AVE. Mtij-) '8C3 . MAP 775(365.535) - TOM OF CARLSBAD ANOE - TCT 107 PM 752 MAP 535 - 10W4 OF CARLSBAO - KS A.D & 29: SEC 7 - 112S-R4R - POR LOTS I '. 2 CITY OF CABAD 4f 441 1 51.15u01 L 1200 ELM AVENUE • CARLSBAD, CALIFORNIA 92008 438-5551 RECEIVED FRO J DATE ­­C A/c. NO. DESCRIPTION AMOUNT - - rvl -Flo / \, ell 45922 TOTAL 0• . APPLICANT DISCLOSURE FORM In order to assist the members of the Planning Commission and City Council to avoid possible conflicts of interest, all appli- cants are required to complete this disclosure form at the time of submitting their application. When this form has been com- pleted and signed, the information will be relied upon by them in determining if a conflict may exist, so please ensure that all of the information is completed and accurate. If at anytime before a final action on your application has been rendered, any of the information required by this disclosure changes, an amendment reflecting this change must be filed. If the applicant is an individual, or a partnership (either gen- eral or limited) or a joint venture, please state the full name, address and phone number of each person or individual (including trusts) who own any beneficial interest in the property which is the subject of this application. Should one or more parties to the application be a partnership or joint venture, then please state the full legal name of the partnership or joint venture, its legal address and the name and address of each individual person who is a general and/or limited partner or member of the joint venture. Should one or more of the parties be a privately held corporation (10 shareholders or less) or a real estate syndication, then please state the state of incorporation or syndication, corporate number, date of incorporation or syndication, corporate or syn- dicate address, and the full names and addresses of each individual shareholder or syndicate member. Should the corpor- ation be a publically held corporation, then state the full name and address of the corporation, the place of-its incorporation, number of shareholders, and the name and address of the officers of the corporation. Should you feel that additional information needs to be provided in order to provide a full disclosure, please include it. L E. • One (1) copy each of 8 1/2"xll" site plan and elevations. F. One (1) copy of8 1/2"xll" location map (suggested scale 200" - vicinity maps on the site plan are not acceptable) G. Environmental Impact Assessment Form ($175) H. Public Facility Agreement: 2 copies: One (1) notorized original, One (1) reproduced copy. I. Disclosure Statement J. Property Owners' List and Addressed Stamped Envelopes (Not needed for Site Development Plan, Special Use Permit, Planning Commission Deternination and, Minor Condominium Permit) 1) a typewritten list of the names and addresses of all property owners and occupants within a 300 foot radius of subject property (including the applicant and/or owner). The list shall include the-San Diego County Assessor's parcel number from the latest assessment rolls. 2) Two separate sets of legal size (#10), addressed stamped envelopes (four sets for condominium conversions) of the property owners and occupants within a 300-foot radius of subject property. For any address other than single family residence, apartment or suite number must be included. DO NOT TYPE ASSESSOR'S PARCEL NUMBER ON ENVELOPES AND LEAVE RETURN OF ADDRESS BLANK. 3) For Condominium Conversions, two separate sets of addressed, stamped envelopes of all existing tenants is required. K. 300 Foot Radius Map (Not needed for Site Development Plan,.Planning Commission Determination and Special Use Permit).- A map to scale not less than 1" = 200' showing each lot within 300 feet of the exterior boundaries of the subject property. Each of these lots shall be consecutively numbered and correspond with the property owner's list. The scale of the map may be reduced to a scale acceptable to the Land Use Planning Manager if the required scale is impractical. L. For residential projects within Vista, Encinitas or San Dieguito School Districts, the applicant shall indicate whether he prefers to dedicate land for school facilities, to pay a fee in lieu thereof, or do a combination of these. If the applicant prefers to dedicate land, he shall suggest the specific land. For residential projects within the Carlsbad Unified School District and the San Marco Unified School District, the applicant shall submit written confirmation that school facilities will be available and' serve the project at time of need. M. Preliminary Title Report (current within the last six months) N. Proof of sewer availability if locate in the Leucadia County Water District. 0. Colored Site Plan and Elevation Plan * P. Statement of agreement to waive tentative tract map time limits. *NOTE: It is the Applicant's responsibility to bring one copy of a colored site plan and one copy of a colored elevation to the Land Use Planning Office by Noon the day of the Planning Commission meeting. .Lt ai cer tne 1j1..urxai &: .Lç Jl u - 3-L is cecermine, that further informatio11 5 required, you wi].l be so advised.. 0 Charles F. Rowe APPLICANT: Name (individual, partnership, joint venture, Corporation, syndication), Pnn r t, 114 ta K, (r 1 c h rzl , CZ g7flflR Business Address 434-3125 Telephone Number .. - • AGENT: SAME . Name SAME Business Address • . . . •• SAME -- ••• •• : •' • . Telephone Number . frERS: N/A . . •• Name '(individual, partner, joint . Home Address venture, corporation, syndication) Business Address Telephone Number Telephone Number Home Address Business Address Telephone Number - - . Telephone Number (Attach more sheets if necessary) I/We declare under penalty of perjury that the information contained in this dis- closure is true and correct and that it will remain t e and correct and may be relied upon as being true and correct until amende 4 - Applicant BY Owner Agent, Owner, Parner I 9 STATEMENT OF AGREEMENT TENTATIVE SUBDIVISION MAP CITY OF CARLSBAD The Subdivision Map Act and the Carlsbad Municipal Code sets a fifty (50) day time restriction on Planning Commission processing of Tentative Maps and a thirty (30) day time limit for City Council action. These time limits can only be extended by the mutual concurrence of the applicant and the City. By accepting applications for Tentative Maps concurrently with applications for other approvals which are prerequisites to the map; i.e., Environmental Assessment, Environmental Impact Report, Condominium Plan, Planned Unit Development, etc., the fifty (50) day time limits and the thirty (30) day time limits are often exceeded. If you wish to have your application processed concurrently, this agreement must be signed by the applicant or his agent. If you choose not to sign the statement, the City will not accept your application for the Tentative Map until all prior necessary entitlements have been processed and approved. The undersigned understands that the processing time required by the City may exceed the time limits, therefore the undersigned agrees to extend the time limits for Planning Commission and City Council action and fully concurs with any extensions of time up to one year from the date the application was accepted as cojete to,,properly review all of the applications. January 11, 1985 a Date Charles F. Rowe Property Owner Name (Print) - Relationship to Application (Property Owner-Agent) FORM: PLANNING 37, REVISED 3/80 If after the information you have submitted has been reviewed, it is determined that further information required, you will be so Roosevelt 42, A Joint Venture APPLICANT: Name (individual, partnership, joint venture, corporation, syndication) P. 0. Box 142/3138 Roosevelt St e Suite K, Carlsbad,CA 92008 Business Address 0 434-3125 Telephone Number - California Builders AGENT: Name P. 0. Box 142 ' Carlsbad, CA 92008 - Business Address 4 4-3L25- Telephone Number - • ehrls F Rowe 0-n - erutti • I€fr3ERS: TAMARACK .7(Aipplo) P. 0, Box 142, Calrsbad, CA Name '(individual, partner, joint Home Address • venture, corporation, syndication) P. o. Box 142, Carlsbad, CA 92008 Business Address 434-3125 Telephone Number Telephone Number Akira & Kyo Nishimoto 1845 Purdue Ave. Los Angeles 9002' Rome Address c/o Calif. Builders, P. 0. Box 142, Carlsbad, CA 92008 Business Address - 434-3125 SAME Telephone Number - Telephone Number Burt Nishimoto, 1845 Purdue Ave. Los Angeles, CA 90025 James R. Alberts 6431 La Paloma St. Carlsbad, CA- 92008 (Attach more sheets if necessary) I/We declare urer penalty of perjury that the information contained in this dis- closure is true and correct and that it will remain true and correct and may be relied upon as being true and correct until amended. oseve)/t 42 - A Joint Venthre BY Charles F. Rowe, Part--n Agent, Owner, Partner STATEMENT OF AGREEMENT TENTATIVE SUBDIVISION MAP CITY OF CARLSBAD The Subdivision Map Act and the Carlsbad Municipal Code sets a fifty (50) day time restriction on Planning Commission processing of Tentative Maps and a thirty (30) day time limit for City Council action. These time limits can only be extended by the mutual concurrence of the applicant and the City. By accepting applications for Tentative Maps concurrently with applications for other approvals which are prerequisites to the map; i.e., Environmental Assessment, Environmental impact Report, Condominium Plan, Planned Unit Development, etc., the fifty (50) day time limits and the thirty (30) day time limits are often exceeded. If you wish to have your application processed concurrently, this agreement must be signed by the applicant or his agent. If you choose not to sign the statement, the City will not accept your application for the Tentative Map until all prior necessary entitlements have been processed and approved. The undersigned understands that the processing time required by the City may exceed the time limits, therefore the undersigned agrees to extend the time limits for Planning Commission and City Council action and fully concurs with any extensions of time up to one year from the date the application was accepted as complete to, properly review all of the applications. /gs- gnature /DaXe Charles F, Rowe Property Owner - Developer Name (Print) Relationship to Application (Property Owner-Agent) FORM: PLANNING 37, REVISED 3/80 SCHEDULE A Order No.: The estate or interest in the land hereinafter described or referred to covered by this report is: A FEE Title to said estate or interest at the date hereof is vested in: AKIRA NISHIMOTO AND KYO NISHThOTO, HUSBAND AND WIFE, AS JOINT TENANTS, AS TO AN UNDIVIDED 40% INTEREST; AND BURT Y. NISHIMOTO, A SINGLE MAN, AS TO AN UNDIVIDED 40% INTEREST; AND TAMARACK 7, A JOINT VENTURE COMPRISED OF ANGELO• GAROPOLO, JR., A MARRIED MAN; JOHN J. BERUTTI, A MARRIED MAN, AS HIS SOLE AND SEPARATE PROPERTY AND CHARLES F. ROWE, AN UNMARRIED MAN, AS TO AN UNDIVIDED 207. INTEREST, ALL AS TENANTS IN COMMON The land referred to in this report is situated in the State of California, County of and is described as follows: SAN DIEGO SEE ATTACHED LEGAL DESCRIPTION CLIA preliminary Report Form . . Planning Commission Determination 1. Application Form, 2. One page statement precisely indicating the determination request. 3. General Requirement Items: - fifteen (15) copies of items B-D (if applicable) - items F-I, M, 0 4. General Requirement Items for Density Determination: - fifteen (15) copies items B-D - items E-I, M-O 5. Fee: $330.00 Malor and Minor Redevelopment Permits 1. Application Form 2. General Requirement Items: - Major: - fifteen (15) copies of Item B-D - items E-M and material samples (if applicable) - Minor: - fifteen (15) copies of items B-D (if applicable) - items E-F, H-M and material samples (if applicable) 3. Fee. (Not established except where other permit is necessary). Structure Relocation 1. Application Form 2. General Requirement Items - fifteen (15) copies of - items E, F, H, I, M - inspection notice from 3. Fee: $120.00 B and D the Building Department NOTE: INCOMPLETE SUBMITTALS WILL PREVENT OR SIGNIFICANTLY DELAY THE PROCESSING OF A PROJECT II. GENERAL REQUIREMENTS A. Tentative map/preliminary'grading plan (2411 x 36) Each tentative map/preliminary •grading plan shall contain the following information: (1) Name and address of the owner whose property is proposed to be subdivided and the name and address of the subdivider; (2) Name and address of registered civil engineer, licensed surveyor, landscape architect or land planner who prepared the maps; (3) North point; (4) Scale; vicinity map; I . Residential Condominiums $530.00 (50 units or less) $1,090.00 (50 units or more,) $365.00 (Amendment for 50 units or less) $655.00 (Amendment for 50 units or more) $ 5.00 Unit (Notification of Tenants for Conversion) Residential Planned Unit Development $530.00 (50 units or less) $875.00 (51 units or more) $275.00 (Amendment for 50 units or less) $545.00 (Amendment for 50 units or more) Condominium Non Residential Condominium or Planned Unit Development $420.00 (50 or less units) $1,090.00 (50 or more units) $220.00 (Amendment for 50 or less units) $400.00 ( Amendment for 50 or more units) Site Development Plan 1. Application Form 2. General Requirement Items - fifteen (15) copies of items B-D - items E-I. M-O 3. Fee: $365.00 Conditional Use Permit/Special Use Permit/Precise Development Plan 1. Application Form 2. General Requirement Items: - fifteen (15) copies of items B-D - items E-O (items L,M & N not required for Special Use Permit) 3. Fee: $420.00 Conditional Use Permit/Special Use Permit $440.00 Precise Development Plan 4. Additional information may be required by the Engineering Department for Special Use Permits Variance 1. Application Form 2. General Requirement Items: - fifteen (15) copies of item B-and D (if applicable) - items E, F, H-K, M, 0 3. Variance Supplemental Sheet 4. Fee: Single Family = $150.00 Other = $420.00 . . (5) Date of preparation; (6) The location, width and proposed names of all streets within the boundaries of the proposed subdivision and approximate grades thereof; (7) Location and width of alleys; (8) Name, location and width of adjacent streets; (9) Lot lines and approximate dimensions and numbers of each lot; (10) Approximate location and width of watercourses or areas subject to inundation from floods, and location of structures, irrigation ditches and other permanent physical features; (11) Approximate contours at 1' intervals )c slopes less than 5%, 2' intervals for slopes between 5% and 10%, and 5' intervals for slopes over 10%. (both existing and proposed) (12) Approximate location of existing buildings and permanent structures and proposed condominium buildings; (13) Location of all major vegetation, showing size and type; (14) Legal description of the exterior boundaries of the subdivision (approximate bearings, distances and curve data); (15) Width and location of all existing or proposed public or private easements; (16) Classification of lots as to intended residential, commercial, industrial or other uses; (17) Location of railroads; (18) Approximat6 radii of curves of streets; (19) Proposed name and city tract number of the subdivision; (20) Any proposed phasing by units; (21) Number of units to be constructed when a condominium or community apartment project is involved. (22) Method of draining each lot; (23) Earthwork Volumes (24) Also, proposed utilities, existing street, sewer, water, and storm drainage improvements along the subdivision frontage, including street lights and fire hydrants on both sides of the street within 300 feet of the subdivision. (25) Typical street section for all adjacent streets and streets within the project. B. Site Plan: Shall include the following information: - Name and address of applicant, engineer and/or - architect, etc. - All easements - Dimensioned locations of: access, both pedestrian and vehicular, showing service areas and points of ingress and egress off-street parking and loading areas showing location, number and typical dimensionn of spaces, and wheel stops. - distances between buildings and/or structures - building setbacks (front, rear and sides) - location, height, and materials of walls and fences - location of freestanding signs - all driveways to scale on adjacent and across the street properties for a distance of 100 feet beyond the limits of subject site. - existing curbs, gutters, sidewalks and existing paving widths within 100 feet on adjacent and across the Street properties. - typical street section - any existing median islands within 100 feet of subject site. - nearest cross streets on both sides with plus or minus distances from subject site. - location of all buildings within 100 feet of subject properties. - a vicinity map showing major cross streets - a summary table indicating the following information: - site acreage - existing zone and land use - proposed land use - total building coverage - building sq. footage - percent landscaping - number of parking spaces - sq. footage of open/recreational space (if applicable) - cubic footageof storage space - (if applicable) ADDITIONAL DATA REQUIRED: UNLESS A TENTATIVE MAP IS SUBMITTED ALL DATA REQUIRED FOR A TENTATIVE MAP SHALL BE SUBMITTED ON THE SITE PLAN. C. Preliminary Landscape Plan (24" x 36") shall include the following information: 1. Landscape zones per the City of Carlsbad Landscape Guidelines Manual 2. Typical plant species and their sizes for each planting zone 3. An estimate of the yearly amount of irrigation (supplemental) water required to maintain each zone. 4. Landscape maintenance responsibility (private or common) for all areas. 5. Percent of site used for landscaping D. Building Elevations and Floor Plans* (24"x36") - floor plans with square footages included - location and size of storage areas - all buildings, structures, walls and/or fences, signs and exterior lights. NOTE: ALL EXHIBITS MUST BE FOLDED IN A SIZE NOT TO EXCEED 8 1/2" x 11". RECORDING REQUESTED BY A0! ) I WHEN RECORDED MAIL TO: ) 4 ) CITY OF CARLSBAD ) 1200 Elm Avenue ) Carlsbad, California 92008 ) Space above this line for Recorder's use Documentary transfer tax: $ No fee Signature of declarant determining tax-firm name City of Carlsbad Parcel No. A. P. N. 204-160-12 AGREEMENT BETWEEN DEVELOPER-OWNER AND THE CITY OF CARLSBAD FOR THE PAYMENT OF A PUBLIC FACILITIES FEE THIS AGREEMENT Is entered into this 15thday of January , 1985 by and between Roosevelt 42 (name of developer--owner) a A joint venture , hereinafter ref -erred to as (corporation, partnership, etc.) "Developer" whose address is 3138 Roosevelt Street, Ste. K. (street) Carlsbad, CA 92008 and THE CITY OF (City, state, zip code) CARLSBAD, a municipal corporation of the State of California, hereinafter referred to as "City", whose address is 1200 Elm Avenue, Carlsbad, California, 92008. W I T N E S S B T H: WHEREAS, Developer is the owner of the real property described on Exhibit "A:, attached hereto and made a part of this agreement, hereinafter referred to as "Property"; and WHEREAS, The Property lies within the boundaries of City; and WHEREAS, Developer proposes a development project as follows: 40 -2 bedroom, 2 bath apartment units ith office & recreation roan REV 4-2-82 on. said Property, which development carries the proposed name of Roosevelt 42 -A Joint Venture .and is hereafter referred to as "Development"; and WHEREAS, Developer filed on the 24_tliday of April 19 85_, with the City a request for Planning Commision Determination hereinafter referred to as"Request"; and WHEREAS, the Public Facilities Element of the City General Plan requires that the City Council find that all public facilities necessary to serve a development will be available concurrent with need or such development shall not be approved (said element is on file with the City Clerk and is incorporated by this reference); and WHEREAS, Developer and City recognize the correctness of Council Policy No. 17, dated April 2, 1982, in file with the City Clerk and incorporated by this reference, and that the City's public facilities and services are at capacity and will not be available to acconAmodate the additional need for public facilities and services resulting from the proposed Development; and WHEREAS, Developer has asked the City to find that public facilities and services will be available to meet the future needs of the Development as it is presently proposed; but the Developer is aware that the City cannot and will not be able to make any such finding without financial assistance to pay for such services and facilities; and therefore, Developer proposes to help satisfy the General Plan as implemented by Council Policy No. 17 by payment of a public facilities fee. -2- REV 4-2-82 NOW, THEREFORE,n consideration of the reals and the covenants contained herein, the parties agree as follows: 1. The--Developer shall pay to the City a public facilities fee in an amount not to exceed 2% of the building permit valuation of the building or structures to be constructed in the Development pursuant to the Request. The fee shall be paid prior to the issuance of building or other construction permits for the development and shall be based on the valuation at that time. This fee shall be in addition to any fees, dedications or improvements required pursuant to Titles 18, 20 or 21 of the Carlsbad Municipal Code. Developer shall pay a fee for conversion o f existing building or structures into condominiums in an amount not to exceed 2% of the building permit valuation at the time of conversion. The fee for a condominium conversion shall be paid prior to the issuance of a condominium conversion permit as provided in Chapter 21.47 of the Carlsbad Municipal Code. Condominium shall include community apartment or stock cooperative. The terms "other construction permits"; "other construction permit" and "entitlement for use" as used in this agreement, except in reference to mobilehome sites or projects, shall not refer to grading permits or other permits for the construction of underground or street improvements unless no other permit is necessary prior to the use or occupancy for which the development is intended-. Developer shall pay to City a public facilities fee in the sum of $1,150 for each mobilehome space to be constructed pursuant to the Request. The fee shall be paid prior to the issuance of building or other construction permits for the development. This fee shall be in addition to any fees, dedications or improvements required according to Titles 18, 20 or 21 of the Carlsbad Municipal Code. -3- REV 4-2-82 . . A 2. The Developer may offer to donate a site or sites for public facilities in.--lieu of all or part of the financial obligation agreed upon in Paragraph 1 above. If Developer offers to donate a site or sites for public facilities, the City shall consider, but is not obligated to accept the offer. The time for donation and amount of credit against the fee shall be determined by City prior to the issuance of any building or other permits. Such determination, when made, shall become a part of this agreement. Sites donated under this paragraph shall not include improvements required pursuant to Titles 18 or 20 of the Carlsbad Municipal Code. 3. This agreement and the fee paid pursuant hereto are required to ensure the consistency of the Development with the City's General Plan. If the fee is not paid as provided herein, the City will not have the funds to provide public facilities and services, and the development will not be consistent with the General Plan and any approval or permit for the Development shall be void. No building or other construction permit or entitlement for use shall be issued until the public facilities fee required by this agreement is paid. 4. City agrees to deposit the fees paid pursuant to this agreement in a public facilities fund for the financing of public facilities when the City Council determines the need exists to provide the facilities and sufficient funds from the payment of this and similar public facilities fees are available. 5. City agrees to provide upon request reasonable assurances to enable Developer to comply with any requirements of other public agencies as evidence of adequate public facilities and services sufficient to accommodate the needs of the Development herein described. -4- REV 4-2-82 6. All obligatio hereunder shall terminain the event the Requests made by Developer are not approved. 7. Any otice from one party to the other shall be in writing, and shall be dated and signed by the party giving such notice or by a duly authorized representative of such party. Any such notice shall not be effective for any purpose whatsoever unless served in one of the following manners: 7.1 If notice is given to the City of personal delivery thereof to the City or by depositing same in the United States Mail, addressed to the City at the address set forth herein, enclosed in a sealed envelope, addressed to the City for attention of the City Manager, postage prepaid and certified. 7.2 If notice is given to Developer by personal delivery thereof to Developer or by depositing the same in the United States Mail, enclosed in a sealed envelope, addressed to Developer at the address as may have been designated, postage prepaid and certified. 8. This agreement shall be binding upon and shall inure to the benefit of, and shall apply to, the respective successors and assigns of Developer and: the City, and references to Developer or City herein shall be deemed to be reference to and include their respective successors and assigns without specific mention of such successors and assigns. If Developer should cease to have any interest in the Property, all obligations of Developer hereunder shall terminate; provided, however, that any successor of Developer's interest in the property shall have first assumed in writing the Developer's obligations hereunder. 9. This agreement shall be recorded but shall not create a lien or security interest in the Property. When the obligations of this agreement have been satisfied, City shall record a release. MIC REV 4-2-82 . . IN WITNESS WHEREOF, this agreement is executed in San Diego County, California as of the date first written above. ry OF CARLSBAD, a municipal iporation of the ate of California BY Ztb 1-17 (Title) BY7?) t J (Tit-1) 4VVtL1- CLy ATTE: BY City Manager ALETHA L. RAUTENKRANZ, City Clerk APPROVED AS TO FORM: VINCENT F. BIONDO, JR., City Attorney (Notarial acknowledgement of execution by DEVELOPER-OWNER must be attached.) ffic REV 4-2-82 . . EXHIBIT "A" LEGAL DESCRIPTION That portion of Lots 1 and 2 in Section 7, Township 12 South Range 4 West San Bernardino Meridian, in the County of San Diego, State of California, according to United States Govern- ment survey approved October 25, 1875, and of fractional block "A" of the town of Carlsbad, in the county of San Diego, State of California, according to map thereof No. 775, filed in the office of the County Recorder of said San Diego County, February 14, 1894, and of Pal, Avenue, vacated by ordinanace of the Board of Supervisors of San Diego County on March 3, 1891, included within the following described boundary: Beginning at the intersection of the East Line of Said Lot 1, with the Northeasterly Line of the Atchison Topeka and Santa Fe Railway right of way; thence Northerly along said east line of Lot 1, North 0 28' West 115.65 Feet to the Northwesterly Line of Tract 231 of thum lands, according to map thereof No. 1681; thence along said Northwesterly line of its Northeasterly extension North 55 27' East 434.93 Feet to the Southwesterly line of Second Street in town of Carlsbad; thence Northwesterly along said Southwesterly line of Second 0 Street, North 34 33' West 100 Feet; thence South 55 °27' West 499.74 feet to the Northeasterly line of said railway right of way; thence South 34 33' East along said right of way 275.74 feet to the point of beginning. RECORDING REQUESTED BY AND ) WHEN RECORDED MAIL TO: ) ) CITY OF CARLSBAD - ) 1200 Elm Avenue ) Carlsbad, California 92008 ) Space above this line for Recorder's use Documentary transfer tax: $ No fee s-, Signature of declarant determining tax-firm name City of Carlsbad Parcel No. A.P.N. 204-160-12 AGREEMENT BETWEEN OWNER, DEVELOPER AND THE CITY OF CARLSBAD FOR THE PAYMENT OF A PUBLIC FACILITIES FEE THIS AGREEMENT is entered into this 11th day of January , 1985 by and between Roosevelt 42 (Name of Developer) a General Partnership , hereinafter referred to as (Corporation, partnership, etc.) "Developer" whose address is 3138 Roosevelt StrQe t, Suite IC (St r e e t ) Carlsbad, California 92008 (City, State, Zip Code) and Roosevelt 42 (Name of Legal Owner) a General Partnership , hereinafter referred to as (Corporation, etc.) "Owner" whose address is 3138 Roosevelt Street, Suite K (Street) Carlsbad, Ca 92008 (City, State, Zip Code) AND the CITY OF CARLSBAD, a municipal corporation of the State of California, hereinafter referred to as "City", whose address is 1200 Elm Avenue, Carlsbad, California, 92008. REV 4-2-82 PC D . ' fl T rt, A 1 WHEREAS, Owner is the owner of the real property described on Exhibit "A", attached to and made a part of this agreement, and hereinafter referred to as "Property"; and WHEREAS, the Property lies within the boundaries of City; and WHEREAS, Developer has contracted with Owner to purchase the Property and proposes a development project as follows: 42 2 b'drnm, 2 hi-h .pr1-Trn - iinii- on said Property, which development carries the proposed name of Roosev11- 42 and is hereinafter referred to as "Development"; and WHEREAS, Developer filed on the 11H- day of _____________ 1985 , with the City a request for Plnnir- Cmmiscinn flrninin hereinafter referred to as "Request"; and WHEREAS, the Public Facilities Element of the City General Plan requires that the City Council find that all public facilities necessary to serve a development will be available concurrent with need or such development shall not be approved (said element is on file with the City Clerk and incorporated by this reference); and WHEREAS, Developer, Owner and City recognize the correctness of Council Policy No. 17 dated April 2, 1982, on file with the City Clerk and incorporated by this reference, and that the City's public facilities and services are at capacity and will not be available to accommodate the additional need for public facilities and services resulting from the proposed Development; and REV 4-2-82 . WHEREAS, Developer and Owner have asked the City to find that public facilities and services will be available to meet the future needs of the Development as it is presently proposed; but the Developer and Owner are aware that the City cannot and will not be able to make any such findings without financial assistance to pay for such services and facilities; and, therefore, Developer and Owner propose to help satisfy the General Plan as implemented by Council Policy No. 17 by payment of a public facilities fee. NOW, THEREFORE, in consideration of the recitals and the covenants contained herein, the parties agree as follows: 1. The Developer and Owner shall pay to the City a public facilities fee in an amount not to exceed 2% of the building permit valuation of the building or structures to be constructed in the Development pursuant to the Request. The fee shall be paid prior to the issuance of building or other construction permits for the development and shall be based on the valuation at that time. This fee shall be in addition to any fees, dedications or improvements required pursuant to Titles 18, 20 or 21 of the Carlsbad Municipal Code. Developer and Owner shall pay a fee for conversion of existing building or structures into condominiums in an amount not to exceed 2% of the building permit valuation at the time of conversion. The fee for a condominium conversion shall be paid prior to the issuance of a condominium conversion permit as provided in Chapter 21.47 of the Carlsbad Municipal Code. Condominium shall include community apartment or stock cooperative. The terms "other construction permits", "other construction permit" and "entitlement for use" as used in this agreement, except in reference to mobilehome sites or -3- REV 4-2-82 E projects, shall not refer to grading permits or other permits for the construction of underground or street improvements unless no other permit is necessary prior to the use or occupancy for which the development is intended. Developer and Owner shall pay to City a public facilities fee in the sum of $1,150 for each mobilehome space to be constructed pursuant to the Request. The fee shall be paid prior to the issuance of building or other construction permits for the development. This fee shall be in addition to any fees, dedications or improvements required according to Titles 18, 20 or 21 of the Carlsbad Municipal Code. 2. The Developer and Owner may offer to donate a site or sites for public facilities in lieu of all or part of the financial obligation agreed upon in Paragraph 1 above. If Developer and Owner offers to donate a site or sites for public facilities, the City shall consider, but is not obligated to accept the offer. The time for donation and amount of credit against the fee shall be determined by City prior to the issuance of any building or other permits. Such determination, when made, shall become a part of this agreement. Sites donated under this paragraph shall not include improvements required pursuant to Titles 18 or 20 of the Carlsbad Municipal Code. 3. This agreement and the fee paid pursuant hereto are required to ensure the consistency of the Development with the City's General Plan. If the fee is not paid as provided herein, the City will not have the funds to provide public facilities and services, and the development will not be consistent with the General Plan and any approval or permit for the Development shall be void. No building or other construction permit or entitlement for use shall be issued until the public facilities fee required by this agreement is paid. -4-- REV 4-2-82 . 4. City agrees to deposit the fees paid pursuant to this agreement in a public facilities fund for the financing of public facilities when the City Council determines the need exists to provide the facilities and sufficient funds from the payment of this and similar public facilities fees are available. 5. City agrees to provide upon request reasonable assurances to enable Developer and Owner to comply with any requirements of other public agencies as evidence of adequate public facilities and services sufficient to accommodate the needs of the Development herein described. 6. All obligations hereunder shall terminate in the event the Requests made by Developer are not approved. 7. Any notice from one party to the other shall be in writing: and shall be dated and signed by the party giving such notice or by a duly authorized representative of such party. Any such notice shall not be effective for any purpose whatsoever unless served in one of the following manners: 7.1 If notice is given to the City of personal delivery thereof to the City or by depositing same in the United States Mail, addressed to the City at the address set forth herein, enclosed in a sealed envelope, addressed to the City for attention of the City Manager, postage prepaid and certified. 7.2 If notice is given to Developer by personal delivery thereof to Developer or by depositing the same in the United States Mail, enclosed in a sealed envelope, addressed to Developer at the address as may have been designated, postage prepaid and certified. -5- REV 4-2-82 8. This agreement shall be binding upon and shall inure to the benefit of, and shall apply to, the respective successors and assigns of Developer, Owner and the City, and references to Developer, Owner or City herein shall be deemed to be reference to and include their respective successors and assigns without specific mention of such successors and assigns. If Developer should cease to have any interest in the Property, all obligations of Developer hereunder shall terminate; provided, however, that any successor of Developer's interest in the property shall have first assumed in writing the Developer's obligations hereunder. At such time as Owner ceases to have any interest in the Property, all obligations of Owner hereunder shall terminate; provided, however, that if any successor to the Owner's interest in the Property is a stranger to this agreement, such successor has first assumed the obligations of owner in writing in a form acceptable to City. 9. This agreement shall be recorded but shall not create a lien or security interest on the Property. When the obligations of this agreement have been satisfied, City shall record a release. I/I I/I I/I REV 4-2-82 IN WITNESS WHEREOF, this agreement is executed in San Diego County, California as of the date first written above. OWNER: ChLes / Signature (Name) (Signature) (Name) (Signature ATTEST: ALETHA L. RAUTENKRANZ City Clerk DEVELOPER: BY Charles F. Rowe TITLEGeneral Partner BY TITLE CITY OF CARLSBAD, a municipal corporation of the State of California BY City Manager APPROVED AS TO FORM: VINCENT F. BIONDO, JR., City Attorney C WNER must be STATE OF CALIFO SS. COUNTQF -- On i'fk?1 11 - before me, the undersioned. a Notary Public in and for said State, personally appeared_ 04 - ----- > c Ca CL 0 C a) I- C to 0 a) E LL a) (a > •0 C IN CD CD C 0 personally known to me ('-9-c tn neon the b(c of 2ti5 1ttTit) 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. WITNESS my hand and official seal. Signat __ 1 7T OFFICIAL SEAL JAMES '\ P. !ELLEY U PLLiC.C1iFollA I F-CP.L GFICE IN ka s;.:40:EcocoL-lTy fy Ccmrnisn Exp. Feb. 23. 1936 - . . THAT PORTION OF LOTS 1 AND 2 IN SECTION 7, TOWNSHIP 12 SOUTH, RANGE 4 WEST SAN BERNARDINO MERIDIAN, IN THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO UNTIED STATES GOVERNMENT SURVEY APPROVED OCTOBER 25, 1875, AND OF FRACTIONAL BLOCK "A" OF THE TOWN OF CARLSBAD, IN THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 775, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAID SAN DIEGO COUNTY, FEBRUARY 14, 1894, AND OF PALM AVENUE, VACATED BY ORDINANCE OF THE BOARD OF SUPERVISORS OF SAN DIEGO COUNTY ON MARCH 3, 1891, INCLUDED WITHIN THE FOLLOWING DESCRIBED BOUNDARY: BEGINNING AT THE INTERSECTION OF THE EAST LINE OF SAID LOT 1, WITH THE NORTHEASTERLY LINE OF THE ATCHISON TOPEKA AND SANTA FE RAILWAY RIGHT OF WAY; THENCE NORTHERLY ALONG SAID EAST LINE OF LOT 1, NORTH 0028? WEST 115.65 FEET TO THE NORTHWESTERLY LINE OF TRACT 231 OF THUM LANDS, ACCORDING TO MAP THEREOF NO, 1681; THENCE ALONG SAID NORTHWESTERLY LINE OF ITS NORTHEASTERLY EXTENSION NORTH 550 27' EAST 434.93 FEET TO THE SOUTHWESTERLY LINE OF SECOND STREET IN TOWN OF CARLSBAD; THENCE NORTHWESTERLY ALONG SAID SOUTHWESTERLY LINE OF SECOND STREET, NORTH 34 °33' WEST 100 FEET; THENCE SOUTH 550 27' WEST 499.74 FEET TO THE NORTHEASTERLY LINE OF SAID RAILWAY RIGHT OF WAY; THENCE SOUTH 34033? EAST ALONG SAID RIGHT OF WAY 275.74 FEET TO THE POINT OF BEGINNING. S I JOINT VENTURE AGREEMENT This agreement, made this 15th day of January , 1985, by and between Charles F. Rowe , John J. Berutti Angelo Garofolo, Jr. (TAMARACK 7, A JOINT VENTURE), Akira Nishimoto KyoNishimoto, Burt Y. Nishimoto and James R. Alberts hereinafter collectively referred to as "Joint Venturers". WHEREAS, as the of the date of this Agreement, the "Joint Venturers" are the owners of that certain real property located in the City of Carlsbad, County of San Diego , State of California, hereinafter referred to as the "subject real property", being more particularily described as follows: See Exhibit "A" which is incorporated herein by this reference. WHEREAS, the "Joint Venturers" consider is advisable to hold, develop and market the "subject real property" through the joint ven- ture subject to the terms and conditions set forth in this agreement; and WHEREAS, the "Joint Venturers" desire to have an organization to allow the "Joint Venturers" to participate in business activities jointly. IT IS THEREFORE AGREED: 1. PURPOSE. The "Joint Venturers" hereby form a joint venture for the purpose of holding, developing and marketing said "subject ial property", either in whole or in part, subject to the terms and conditions set forth in this Ageement0 2. NAME OF JOINT VENTURE. For the purpose of readily indri tifying this joint venture, it is hereby stated that it shall be known by the name of "ROOSEVELT 42, A JOINT VENTURE", and said name shall be - 1 - . . used in all transactions related to purposes of this joint venture, including among other things, the acquisition of record title of the "subject real property" in said joint venture name and the sale of any such subject real property in said joint venture name. 3. ACQUISITION OF THE "SUBJECT REAL PROPERTY". Upon execution of this Agreement, the "Joint Venturers" shall transfer title to the subject real property to the name of the joint venture, free and clear of all liens and encumbrances, subject to the terms and conditions set forth in this Agreement. 4. DEVELOPMENT OF THE "SUBJECT REAL PROPERTY". The joint ven- ture contemplates developing the "subject real property" as a 42 unit condominium project, hereinafter referred to as the "project", according to the plans attached hereto as Exhibit "B", which are incorporated -herein by this reference. The "Joint Venturers" recognize that said plans may be significantly altered in the course of obtaining all necessary clearances, authorizations, permits and approvals of those governmental entities with jurisdiction over the "subject real property", for the development, construction and marketing of said "project". The "Joint Venturers" further recognize that said plans may be significantly altered during the course of negotiating and obtaining a construction loan as set forth below; during the course of the preparation of final working drawing for the construction of the project; and during the course of constructing said project. Due to the uncertain effect of land use, environmental, zoning, building code, and other governmental regulations which may apply to the subject property, and which may depend upon aspects of the joint venture's plan for the use of the "subject real property", each of the - 2 - I "Joint Venturers" shall make his or her own inquiry and investigation concerning the permissible uses of the "subject real property". 5. FINANCING. Upon execution of this agreement, the joint venture shall diligently apply for adequate financing necessary for the completion of the project. The construction loan.to be applied for shall not exceed $ 2,000,000.00 without the unanimous written con- sent of the "Joint Venturers". Each of the "Joint Venturers" shall cooperate in the application for said financing. The terms and con- ditions of said financing shall be subject to the consent of the majority of the "Joint Venturers". The "Joint Venturers" shall each execute a construction loan approved by the majority of -"Joint Venturers". In the event the construction loan is not sufficient to pay off the cost of acquisition of the property, then the "Joint Venturers" shall make an additional contribution to cover said cost. In the event an additional contribution is required by the majority of the "Joint Venturers" as required under the terms of this agreement, each "Joint Venturer" agree to forthwith make said contri- bution upon thirty (30) days written notice to do so. In the event, a "Joint Venturer" fails to make said contribution that "Joint Venturer's" share shall be adjusted downward pursuant to the amount of the contribution that is not made. The "Joint Venturers" contri- buting more than their share shall have their share adjusted upward. 6. GOVERNMENTAL APPROVALS OF PROJECT. Upon execution of this Agreement, the "Joint Venturers" shall diligently apply for and process all necessary clearances, authorizations, permits and approvals of all governmental entitles with jurisdiction over the development, construc- tion and marketing of the "project". Each of the "Joint Venturers" shall cooperate in the application for and processing of said clearan- -3- 11 FQMZ ces, authorizations, permits and approvals. 7. PRELIMINARY EXPENSES. The "Joint Venturers", in equal shares, and as required, shall advance to the joint venture, all preliminary expenses incurred by the joint venture in the process of negotiating and obtaining the above-referenced financing, in applying for and pro- cessing-the above-referenced governmental approvals, clearances, authorizations and permits; in preparing all necessary plans, working drawings and specifications for the construction of the project, and all expenses necessarily incidental to the aforementioned activities. Said preliminary expenses shall be reimbursed out of the first "draw" of the constructibn funds obtained pursuant to Paragraph 5, above. 8. CONSTRUCTION OF THE PROJECT. California Bldrs. shall act as the General Contractor for the completion of the construction of the project, and shall receive a flat fee for said services pursuant to the attached Exhibit "C", which is incorporated herein by this reference. Said flat fee shall be an expense of the joint venture. 9. ADVANCES TO THE JOINT VENTURE. No "Joint Venturer" shall lend or advance money to or for the joint venture's benefit without the approval of a majority of the "Joint Venturers." If any "Joint Venturer", with the requisite consent of the other "Joint Venturers", lends any money to the joint venture, the loan shall be a debt of the joint venture to that "Joint Venturer" and shall bear interest at the rate of prime rate 12% per annum. The liability shall not entitle such lending "Joint Venturer" to any increased share of the joint venture's profits and losses. 10. MANAGING JOINT VENTURE. For the purpose of effectuating the purposes of this joint venture, the "Joint Venturers" do hereby appoint Charles F. Rowe, acting alone, as their agent, to act in - 4 - S the name of and for the joint venture in accor dance with the powers and duties as hereinafter set forth and subject to the terms and conditions of this Agreement and any amendments thereto. In the event of the managing Joint Venturer's death or disability, a successor managing Joint Venturer shall be selected by a majority of the surviving and successor "Joint Venturers". 11. POWERS AND DUTIES OF MANAGING JOINT VENTURER. It shall be the duty of the managing "Joint Venturer" to hold each of the undivided fractional shares of the subject real property for the benefit of and as agent for the respective "Joint Venturers". The managing "Joint Venturer" shall prepare, maintain or shall have prepared and main- tained, proper books, proper accounts and accounting records for the joint venture. The fiscal year of the partnership shall be: A Calendar Year. The joint venture books shall be kept on the cash basis. A yearly accounting, made as soon as practicable after the close of the joint venture fiscal year, shall be available to each of the "Joint Venturers". This accounting shall be conclusive upon the Joint Venturers and shall not be modified except for some manifest error discovered and protested within six (6) months of the date of the accounting. The managing "Joint Venturer" is hereby authorized to acquire and hold in the name of the joint venture, on behalf of the "Joint Venturers", the subject real property, and to pay the consideration therefore pursuant to the terms of this Agreement; to sign promissory notes and deeds of trust in accordance with the terms of this Agreement and the terms of the escrow at the time, manner and circumstances - 5 - V V therein set forth; to pay the actual costs of any and all escrows relating to the marketing of the subject real property or the transfer of any and all interest in said subject real property; to sign any necessary escrow instructions in the name of the joint venture, on behalf of the "Joint Venturers"; to consumate sales of the subject real property upon such terms and conditions as are satisfactory to the managing "Joint Venturer"; to retain and employ an attorney for the purpose of aiding and assisting the managing "Joint Venturer" and the "Joint Venturers"; to retain and employ real estate professionals for the purpose of aiding and assisting the managing "Joint Venturer" and the "Joint Venturers" in marketing the subject real property; to obtain any required insurance incident to the "Joint Venturers" ownership of the subject real property; to pay taxes, assessments and other govern- mental levies upon such subject real property; to enter into in the name of the joint venture any contracts for the sale of all or part of the subject real property subject to the terms and conditions of this Agreement and any amendments thereto; to open any bank account or bank accounts in the name of the joint venture from which account or accounts funds may be disbursed upon the signature of the managing "Joint Venturer"; to employ an accountant to aid and assist the agent in the preparation of the books of account of. the joint venture to execute any necessary documents in connection with any loans for impro- vements on the subject real property of the joint venture subject to the terms and conditions of this agreement: and to do all, reasonable and necessary things that are required as an incident to the ownership, maintenance, development, financing, and improvement and marketing of the subject real property. In the event any further authority is required by the agent for I 0 I _ - the purposes of consummating the purposes of this Agreement, the managing Joint Venturer shall first seek the oral approval of a majority of the "Joint Venturers", and such oral approval shall later be reduced to writing. Each of the "Joint Venturers" hereto agree to abide by the decision of a majority of the members of the joint ven- ture, except as to those matters set forth in this agreement which require the unanimous consent of the "Joint Venturers". 12. JOINT VENTURERS' SALARIES. No "Joint Venturer" shall be entitled to any salary by virtue of his status hereunder as a "Joint Venturer" or managing "Joint Venturer". 13. INDEMNIFICATION. Each "Joint Venturer" shall indemnify and hold harmless the joint venture and each of the other "Joint Venturers" from any and all expense and liability resulting from or arising out of any willful misconduct or gross negligence on his or her part to the extent that the amount exceeds the applicable insurance carried by the joint venture. The managing "Joint Venturer" shall not be personally liable for any acts performed in goo d faith nor for anything save willful miscon- duct or gross negligence. The "Joint Venturers" shall indemnify the managing "Joint Venturer" against any loss or liability which the managing "Joint Venturer" may be subject to on account of any act or thing hereunder. The managing "Joint Venturer" shall take out and keep in force and effect during the term of this joint venture, liability insurance to protect against any liability to the public incident to the use of, development of, construction upon, or resulting from any accidents occurring in or upon the subject real property owned by the joint ven- ture. The liability and such insurnce shall not be less than - 7 - I I $ 1,000,000.00 Dollars for any one person injured, or $ 11000,000.00 Dollars for any one accident, or $ 1,000,000.00 Dollars for pro- perty damaged. The premiums on such insurance policies shall be an expense of the joint venture. 14. TRANSFER OF JOINT VENTURER'S INTEREST. A "Joint Venturer's interest in the joint venture shall not be transferred, in whole or in part, except by succession or testamentary disposition on the Joint Venturer's death, and any other purported transfer of all or part of a "Joint Venturer's" interest shall be void and of no effect against the joint venture, and other "Joint Venturer", any creditor of the joint venture, or any claimant against the joint venture. Notwithstanding the preceding paragraph, any "Joint Venturer" may assign or transfer any or his or her interest in the joint venture, without consent of the non-assigning or transferring "Joint Venturers", and without release from liability hereunder, to another legal entity if, immediately following the assignment or transfer, the Joint Venturer making the assignment or transfer owns at least 51% of that new legal entity's voting rights, or in the case of the creation of a trust, the "Joint Venturer" has transferred his or her interest to such trust. 15. CONTINUANCE OF THE JOINT VENTURE. The joint venutre shall not be dissolved by the death or the physical or mental disability of any "Joint Venturer" or admission of any new "Joint Venturer". On the death or physical or mental disability of any "Joint Venturer', the others shall not liquidate or wind up the affairs of the joint venture, except as otherwise provided in this Agreement s but shall continue to conduct the joint venture under the terms of this Agreement with any successor or transferree of the deceased' or disabled IOUM E I "Joint Venturer." New "Joint Venturers" may be admitted to the joint venture, but only with the written approval of all of the "Joint Venturers". Each new "Joint Venturer" shall be admitted only if he shall have executed this Agreement and an appropriate supplement to it, in which he or she agrees to be bound by the terms and provisions of this Agreement as they may be modified by that supplement. In the case of the death or permanent physical or mental disabi- lity of C. F. Rowe , the "Joint Venturers" shall retain a new General Contractor to complete the construction of the project on terms and conditions acceptable to the marjority of the "Joint Venturers". 16. OUTSIDE ACTIVITIES ANTICIPATED. It is understood and agreed that each "Joint Venturer" may engage in other enterprises, including enterprises in competition with the joint venture, and that the joint venture but may take advantage of those opportunities for their own accounts or for the accounts of the other "Joint Venturers" or enterprises with which they are associated. Neither the joint venture nor any other "Joint Venturer" shall have any right to any income or profit derived by any "Joint Venturer" from any enterprises or oppor - tunity permitted by this paragraph. 17. DIVISIONS AND DISTRIBUTION OF PROFITS AND LOSSES. The profits and losses of the joint venture shall be shared equally among the "Joint Venturers". The profits, if any, or the joint venture, shall be distributed 46 QO aw as follows: Venturer TAMARACK 7, A JOINT VENTURE AKIRA & KYO NISHIMOTO BURT Y. NISHIMOTO JAMES R. ALBERTS Percentage 25% 25% 25% 25% 18. VOTING RIGHTS. It is hereby agreed that each of the "Joint Venturers" shall have an equal vote regarding any actions required by this Agreement to be approved by the majority of the "Joint Venturers", irrespective of the contributions and advances made by or the creditor status of the "Joint Venturers". 19. RIGHT TO INSPECTION. All documents evidencing the "cost of construction" of the "project", and all other documents, and accounts prepared or maintained by, for or on behalf of the joint venture shall be available for examination and inspection upon reasonable request of any of the "Joint Venturers". 20. COMMISSIONS. No real estate sales commission(s) shall be paid on account of any sales or transfers of any units of the project to any of the "Joint Venturers" or for the transfer of the subject real pro- perty to the joint venture. No real estate sales commission shall be paid on account of any sales or transfers of any of the units of the project which sales or transfers are consummated through the efforts of any of the "Joint - Ventv?evO ,unLosisted by any real estate professionals retained by the jCnt -venture. 21 TERMINATION As otherwise unanimously agreed to by the "Joint Venturers", the joint venture shall terminate upon the complete - 10 - marketing and transfer of all the units of the completed project and the complete distribution of any profits therefrom, all in accordance with the terms and conditions set forth in this Agreement. 22. SUCCESSION. This agreement and any amendment (s) thereto shall be binding on and inure to the benefit of the respective suc- cessors, assigns and personal representatives of the parties, except to the extent of-any contrary provision in this Agreement or any amendment (s) thereto. 23. AMENDMENTS. This Agreement may be amended at any time from time to time, but any amendment must be in writing and signed by each person or entity who is then a "Joint Venturer". 24. SEVERABILITY. If any term, provison, covenant or condition of this Agreement or any amendment (s) thereto is held by a court of com- petent jurisdiction to be invalid, void, or unenforceable, the rest of the Agreement and any amendments (s) thereto shall remain in full force and effect and shall in no way be affected, impaired, or invalidated. 25. NOTICES. Any written notice to any of the Joint Venturers required or permitted under this Agreement or any amendment (s) thereto shall be deemded to have been duly given on the date of service if served personally on the "Joint Venturer" to whom notice is to be given, or on the third (3rd) day after mailing if mailed to the party to whom notice is to be given, by first class or airmail, postage pre- paid, and addressed to the addressee at the address stated opposite his or her name below, or at the most recent address, specified by written notice, give o thc by t- ddee under this provision. Notices to thoi joint. Thii be iilarly given and addressed to it at its principal place of business. 26. PLACE OF BUSNESSO The joint venture's principal place of - 11 - . 0 . 1_ 'p business shall be at 3138 Roosevelt Street, in the City of Carlsbad, in the County of San Diego, State of California. The principal place of business may be changed from time to time and other places of business may be established by actions taken in accordance with the provisions of this Agreement and amendment (s) thereto that govern matters of the joint venture's business and affairs. 27. ENTIRE AGREEMENT. This instrument contains the entire Agreement of the parties relating to the rights granted and obligations assumed in this instrument. Any oral representations or modifications concerning this agreement shall be of no force or effect unless con- tamed in a subsequent written modification signed by the party to be charged. EN WITNESS WHEREOF, the "Joint Venturers" have executed this Agreement as of the date and year first . P. 0. Box 142, Carlsbad, CA 92008 75 t?b j4-1 AKIRA & KYO NISHIMOTO c/o P. 0. Box 142, Carlsbad, CA 9200E (address) tTRT 1. ISHIMOTO do P. 0 ,,Bo2% 142, Carlsbad, CA 92008 (/adres) S R ALBERTS P. 0. Box 142, Carlsbad, CA 92008 (address) (address) - 12 - S 0 PLANNING APPLICATION CHECKLIST ITEM REQUIRED ENCLOSED NOT ENCLOSED (WHY) Tentative Map A Site Plan B Landscape Plan Bldg. Elevation 8½ Site Plan 8½ Location EIA_________________ PFF Disclosure Stmt Property Owners J 300' Map K School Letter L PTR Sewer Colored Exhibit 0 Stirth of Agree- flEn P RECEIPT NO. DATE r 0 1 CASE NO.: DAM RECEIVED: fr 3 7 Prior Compliance: Published: Filed: Filed: NEGATIVE DERATIC:__________________________ Posted: Notice of Detemnination: ENVIRONMENTAL IMPACT REPORT:___________ Notice of Notice of Notice of Preparation: Detennination: PLANNING44ISSic 1. Date of Hearing:_____________________ 2. Publication:_____________ 3. Notice to Property ners:______________ 4. Resolution No._______________________ (Continued to:__________________________ 5.Appeal: CI'I? COUNCIL 1. Date of Hearing:_______________________ 2. Notices to City Clerk:___________________ 3. Agenda Bill: 4. Resolution No. 5. 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