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HomeMy WebLinkAboutBP 77-571; Regency Estates-Carlsbad Meadows; 77-480682; Future Improvement Agreement/Release!: I i,i’./i#y&!t -ha rr’-mwz . m i:,:&D:;NG r;EQUE:7ST’;:;U f?y . .J } :BQMK klm t&E CBR’DE% fRRK!@!uS$ iT I.6 t- 4Jw:N I<ECORDED 1@iTLg TO: 1 "~.&&~ CITY ChERlg & 1 C:.:ty of Carlsb8 i 1.:!00 153.m Avenue, ' 9SQ ; ktg 21 8 ,4;2 M'll Ccrlsbad, CA 92008 ,' W'iWii, $Q@$J@D$i SM PIEF.0 COUYf Y.EAf.lf, 1. ~HAitL,tY ,F,&.iJW -w-p e?~~~ow~~W FEE NO Space above'this line for Recorder's Lose Documentary transfer tax: $ No fee L Signature of declarant determining tax- firm name City of Carlsbad ' Parcel No. 215-310-01 -- CONTRACT FOR FUTURE PUBLIC IMPROVEMENTS ---..___- THIS AGREEMENT is made by the City of Carlsbad, a municipal corporation, hereinafter referred to as "City", and REGENCY ESTATES- CARLSBAD-MEADOWS, a limited partnership hereinafter referred to as "Property Owner". RECITALS: WHEREAS, Property Owner has applied to City for a Building Permit (Plan Check No. 77-571 ) - fcr the real property hereinafter described, now under Property Owner's ownership; and WHEREAS, it has been found that said property is not suitable for development in its present condition; however said property would, be suitable for development constructed and and; if certain public improvements hereinafter described are certain irrevocable offers of dedication are made to City; WHEREAS, the Municipal Code of City, Chapter 18.40 requires certain improvements and dedications as a condition of approval of this Building Permit; and WHEREAS, Property Owner has requested said Building Permit be granted by City in advance of the time said improvements are to be made; and WBEREAS, Property Owner, in consideration of the approval of saJ.d Building Permit desires to enter into this agreement securing the construction of said improvements, and City has determined it to be in the public interest to agree to temporarily postpone:4said construction; . 8’ . ’ -. ’ NOW, THEREFORE, IT IS AGREED between the parties hereto as follows: Section 1. That City agrees to record any irrevocable offers of dedication made by Property Owner for said Building Permit (Plan Check Number 77-571 ). Section 2. That Property Owner, in lieu of making the hereinafter described improvements before approval of said Building Permit is granted, agrees to install and construct, or cause to be installed or constructed, said improvements in accordance with plans and specifications approved by the City Engineer within 60 days after written demand so to do by City. Property Owner.shall not be required to make said improvements before OCTOBER 15, 1978 -or within such further period of time as is granted by City, provided, however, that upon the happening of either of the following occurrences said improvements may‘ at the sole election of City, be required to be made sooner than said date or such extended period of time which may have been granted by City: (a) When the City Council finds that the owners of 40% or more of the frontage, including +.he frontage of Property Owner, between inter- secting streets on both sides of the street upon which the property herein described has frontage, have agreed with City to install street improvements to City specifications; (b) When owners of more than 50% of the frontage, between inter- secting streets on both sides of the street upon which the property herein described has frontage, have petitioned the City to form an improvement district for the improvement of said streets. Said City estimates improvementsat Property Owner of engineering improvements shall be made without cost or expense to City. that the cost of engineering and construction of said the time of signing this contract is $ 1,325.OO . hereby acknowledges that said cost is a reasonable estimate and construction costs at this time and that the actual cost of same at some time in the future may exceed this estimate. Section 3. That for the faithful performance of the promises a nd covens n t s he t-o i n conta i ned , Property Owner hereby grants to Ci ty a lien upon the hereinafter described property in the amount of $ 1,325.00, plus any future increases of cost in excess of this sum resulting from increased engineering and construction cost.s, and in the event Property Owner, his successors, heirs, assigns, or transferees fail to install and construct said improvements in the manner and within the time speci- t f ied herein, he agrees that City may do any or all of the following: (a) Have the necessary engineering for said improvements done, and install and construct said improvements by contract or other- wise. City or its contractor and his employees may enter upon any portion or portions of the property reasonably necessary for said engineering and construction, and the entire cost and expense shall be charged against said property and payable by said Property Owner, his successors, heirs, assigns, or transferees immediately upon completion of said improvements. In the event same is not paid within 30 days from camp 1 et i on, ‘C’ity may foreclose said lien as provided by law for the foreclosure of mortgages. (b) Direct the City Engineer to estimate the cost of necessary engineering, and the work required to install and construct said improve-a ments, and foreclose said lien in said amount. (c) Pursue any remedy, legal or equitable (including those specifically referred to herein), for the foreclosure of a lien, and the Property Owner, his successors, heirs, assigns, and transferees, shall be liable for reasonable attorney’s fees as a cost in saidr proceedings. Sect ion 4. That it is agreed that anything herein contained to the contrary notwithstanding, the promises and covenants made herein shall not be binding upon the holder-s, mortgagees, or beneficiaries of any purchase. money mortgage orpurchasemoney deed of trust for value which has been or may in the future be executed by the Property Owner, Ilis successors, heirs, assigns,, or transferees, and the lien hereby created shall be and is hereby subordinated to and declared to be inferior and subsequent in 1 ien to the 1 ien of any such purchase money mortgage ot purchase money deed of trust. The lien hcrcby created shall likewise be of no force or effect against any owner whose title to the property here- in;ftcr described is acquired by or as a result of a foreclosure or (3) trustees’ sale of any such purchase money mortgage or purchase money deed of trust, Sect ion 5. That at any time during the period herein provided, the Property Owner, his successors, heirs, .assigns, or transferees may deposit a cash bond or post a surety performance bond satisfactory to the C’ity to charge sa,id surety with the cost of s,aid improvements; the t amount of bond to be the estimated cost of engineering and improvements at the time of such deposit or posting as ascertained by t-he City Engineer, and that upon deposit of said cash or posting of said bond the City agrees to release the property, or any portion of it as to which said deposit or posting applies, from the provisions of this agreement, and to execute any necessary release to enable the record title of the pro- perty to be released from the lien herein imposed. Sect ion 6. Said City shall not, nor shall any officer or employee thereof, be liable’ or responsible for any accident, loss or damage happen.ing or occurring to the work or improvements specified in this agreement prior to the completion and acceptance of the same, nor shall said City, nor any ‘officer or employee thereof, be 1 iable for any persons or property injured by reason of said work or improvements, but all of said liabilities shall be assumed by said .Property Owner, and his successors, heirs, assigns, and transferees, and they shall save the City harmless from, and indemnify the City.against, any and all claims, suits and 1 iabi 1 ities of or to any pet-son or property injured or claim- ing to be injured as a result of said work or improvements; Said Pro- agrees to all liabi patent or perty Owner, and his successors, heirs, assigns, and protect said City and the officers and emp 1 lity or claim because\of, or arising out of .patented article in the construction of sa i Section 7. It is further agreed that said transferees, further oyees thereof from the use of any d improvements. Property Owner wi 11 at all times up to the completion and acceptance of said work and im- provements by the City, give good and adequate warning to the travcling public of any dangerous or defective conditions of public property. The .: Property Owner hereby agrees to pay for such in“spect ion of improvements as may be required by the City Engineer of City. Sect ion 8. This agreement and the covenants contained herein 5113 1 1 hc b I nd i nq trpon and i nu re 1. n 1-h t3 he ne f i I: o f 1: h c f, I I cc e 5 s 0 r 5 , he i r c: , ( II > assigns, and transferees of Property Owner, shall run wit-l? said real property, and create an equitable servitude upon said real property. Sect ion 9. A description of the property referred to herein and upon which said lien is imposed is desdribed as. follows: Lot,No. 254 in LA COSTA MEADOWS UNIT NO. 2, in the County of San Diego, State Gf Califognia, according to Map thereof No. 6905, filed in th'e-Office of the County Recorder of San Diegd County, April 21, 1971.. . xx . xx . xx xx . xx xx xx xx c xx . -II_ xx xx . xx .‘ .A xx xx (9 Section 10. The required improvements to be constructed and the. estimated costs thereof are as follows: Improvements Estimated Costs 433 S.F. of 4" P.C.C. Sidewalk * $ 455.00 87 L.F.. of 3'+ Retaining Wall' 870.00 t TOTAL COST $ 1,325.OO Dated: Dii'7, /977 CITY OF CARLSBAD, a Municipal STATE OF CALIFORNIA ) ) ss. COUNTY OF SAN DIEGO ) 10. I?77 before me the undersigned, a Notary Public in and for said'state, pe;sonally appeared Paul D. Buissey , known to me to be the City Manager of the City of Carlsbad, a Municipal Corporation of the State of California, known to me to be the person who executed the within instrument on behalf of said Municipal Corporation, and acknowledged to me that such City of Carlsbad, California, executed the same. WITNESS my hand and official seal. APPROVED AS TO FORM: t >. v fij+s$~” AL RAU’IENKRANZ I ~i$a4,~~~-~:., NVTARY PUBLIC . CALI IF PRINCIPAL OFFICE IN SAN DIEGO COUNTY 1 1 k City Attorney . (. 11 . ($otnrial. acknowledgement of execution of owners must be attached). ” . -I;- STATE OF CALIFORNIA COUNTY OF-LOS AnGeti s t ss. On ?- 7~ is?? -, before me, the undersigned, a Notary Public in and for said County and State, personally appeared--J and- tobe- Of theai ~ known to me BWpartners of the partnership that executed the within instrument, and acknowledged to me that such partnership executed the same. SignatUre-&!BZ f 42? $ ii -. 2 -P Robert E. Rife Name (Typed or Printed) 9 Notary Public in and for said County and State I h !i- OFFkIAL SEAL II ROBERT E. RIFE NOTARY PUBLIC - CALIFORNIA ( Tr LOS ANGELES COUNTY MY ccmm. expires AUG 4, 1981 Lz- ___-----_. i : . - .- ----v-Y- -.a&