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HomeMy WebLinkAboutCT 71-04; Highland Townhouses Ltd; 62072; Future Improvement Agreement/Release1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 .20 21 22 23 24 25 26 27 28 29 30 31 32 RECORDING REQUE ED AND l,:rXG WHEN RECORDED MHIL Tc, i* ,, IL,’ C ITY OF CARLSBAD 1200 Elm Avenue Carlsbad, Cal ifornia 92008 Documentary Transfer Tax $ /z//A MAIL TAX BILL TO Computed on Full Value of Property Conveyed, Owner Named on Line 7 at Or Computed on Full Value Less Liens - Address Named on Line 8 and Encumbrances Remaining at Time of Sale. & Y/A d& 4Fcav/4 ignature oP’Dec1arant or /Firm Name termininq Tax OWNER: ADDRESS: FUTURE IMPROVEMENT AGREEME NT of Highland Townhouses, Limited, A Limited Partnership 1717 South Hill Street, Oceanside, California DATED: March 7, 1972 PARTIES: The parties to this agreement are the City of Carlsbad, a municipal corporation of the State of California, hereinafter referred to as CITY; and the person or persons mentioned on Line 7 i thou t rega rd inafter referred to as OWNER,w of Page 1 hereof, here to number or gender. COVENANTS: It is mutually agreed by the parties hereto as follows: 1. 2. 3. CITY hereby approved the Carlsbad Tract #71-4 (Highland Drive and Maqnol ia Avenue) on that certain real property, warranted by OWNER to be wholly owned by him, described on Exhibit A, attached hereto and by this reference incorporated herein. Al so shown for convenience sake on Attachment A, attached hereto and made a part hereof. CITY does hereby temporar i ly waive the requirement that OWNER install those certain pub lit improvements listed on Exhibit B, attached hereto and by th is reference incorporated herein. Upon written demand therefor by CITY, addressed to OWNER at the address mentioned on Line 8 of Page 1 hereof, OWNER shall forthwith, at OWNER’s sole cost and expense, participate in the drainage district preparation of plans and specifications, approved by CITY, for the construction of said public improve- -l- 0 Z-2 . 1 2 3 4 5 6 7 8 9 10 11 i2 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 - 11527 ments and shall then forthwith construct said public improve- ments according to said plans and specifications, to the approval of CITY. The demand by CITY mentioned in this paragraph may, at CITY’s sole discretion, demand said work as to all said improvements on all said property, or as to any port ion thereof, and the failure by CITY to demand said work as to any of said improvements shall not constitute a waiver by CITY of its continuing right to demand such work in the future. 4. In the event title to the herein stated obl the obligation of the said property or a part igation shall automatica new owner. thereof is sold, lly also become 5. In the event OWNER fai 1 s to act as required in paragraph 3 above, after written demand therefor by CITY, CITY may perform OWNER’s said obligations and OWNER shall upon written demand therefor, reimburse to CITY its costs therefor. 6. This agreement shall be binding upon and inure to the benefit of the heirs, successors, assigns, and successors in interest in said real property, shall run with said real property, and shall create an equitable servitude upon said real property. CITY OF CARLSBAD, A Municipal Corporation of the State of Californi By: STATE OF CAL I FORN IA COUNTY OF SAN DIEGO jss. On th is 9 hd year /77 7. Pub1 ic in and fo; before me, *H~rK/)j’?>j @. vflk~~ the State- oers;onM lv’ao~eared -..- -----, I-_. --..-. ., -TT--. -- DfigrJj ,/VI, Ditn’AE known to me to be Mayor of the City of Carlsbad, California, and known to me to be the person who executed the within instrument on behalf of -2- 1 2 2 4 e c 'i E ! l( 11 1: 1: 14 l! lt 1’ 11 l! .2i 2: 2: 2: 24 21 2( 2' 21 2: ac 3: 3: II il iI I/ Ii j! ;I ’ /j ii ! j j /j I i I L 11 i ; 7i 3 1 1 2 3 L' 5 3 71 ii I3 Ij !I 3 1: Ii 3 j !\ L i/ Ii 2 j: 1; /j 3/i B/i ii 5 jl 311 711 B/i jj ./ 9 ii Dll I. 2 152s said pub1 ic corporation, agency or political subd ivision, and acknowledged to me that such City of Carlsbad, Ca 1 ifornia executed the same. WITNESS my hand and official seal. STATE OF CALIFORNIA > C3UNTY OF SAN DIEGO > ss. On before me, the undersigned, a Notary Pub1 ic in and for said Siate, personally appeared CFFICIAL SEAL I my go!;.,;.‘; :‘;:a. it; ~ i,:.:;; &;,.;;A P;ii:i,;li?.~ S! :i:.t I,* %g*. SA(J ;i&:! (,:j;,;$, y 1 ) MY COMMISSION EXPIRES FEBRUARY 15, 1974 1 --------- -------- ------ ~~ OWNER known to me t whose name/s is/are subscribed’to the within WITNESS my hand and official seal. Signature Name (Typed or Printed) -3- o be the person/s instrument and TO 442 c (Partnership) STATE OF CALIFORNIA San Diego ss. COUNTY OF. On March 7. 1972 before me, the undersigned, a Notary Public in and for said State, PersonallY appeared ROBERT L. MEANS known to me to be one of the partners of the partnership that executed the within instrument, and acknowledged to me that such partnership executed the same. -. i ardaret. F. Adams &me (Typed or Printed) 1 0 TI (This ama for o~cial notdal ad) 3.529 LEGAL DESCRIPTION All that portion of Tract 246 of THUM LANDS, in the City of Carlsbad, County of San Die o, 2 State of California, according to Map thereof No. 1 81, filed in the Off ice of the County Recorder of San Diego County, December 9, 1915, described as follows: Beginning at a concrete monument marking the intersection of Highland Drive and Magnolia Avenue; thence along the centerline of Highland Drive South 28O39’ East, a distance of 330.91 feet to the Northwest corner of that portion of Tract 246 conveyed by South Coast Land Company to C. W. and Ella A. Nichols by deed dated August 27, 1927, and recorded in Book 1393, Page 184 of Official Records; thence along the Northwesterly line of the portion so conveyed to N ichol s, North 6~211 East a distance of 412.80 feet to the most Northerly corner thereof; thence along the Northwesterly prolongation of the Northeasterly line of the Nichols’ land North 28o3g’ West a distance of 330.91 feet to a point on the centerline of Magnolia Avenue; thence along the said centerl ine of Magnolia Avenue, South 61021’ West, a distance of 412.80 feet to the POINT OF BEGINNING. Assessor’s Parcel No. 205-220-30 EXH I B I T “A” 1530 Participation with adjoining property owners in the formation of a future drainage district for the construction of a storm drain along and in the vicinity of the easterly property line of that property described in Exhibit “A”. Said storm drain shall be sized in accordance with the City Master Drainage Plan and all construction shall conform to City standards. EXHIBIT “B” . i /