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HomeMy WebLinkAboutFIA 92-26; Edmondson, Nancy; 1992-0556749; Future Improvement Agreement/Release+. - 2194 uoc It ~992.~~5~~49 Ql-SW-1992 12=18 PM RECORDING REQUESTED BY AND ) WI-IEN RECORDED MAIL TO OFFICML RECORDS SAN DIEGO COUNTY RECORDER’S OFFICE CITY OF CARLSBAD j 1200 Carlsbad Village Dr. Carlsbad, CA 92008 ; ANNETTE E)(f$ COUNTY RECORDER ;;; 15: 00 FEES: 25.0 flF: 1.00 i i Space above this line for Recor- < ~&7x's use. ', '@F%X OF CZRLSBAD (‘ +&mit Ho. CB 920711 Parcel No. 2077130-62 FfA No. 92-026 CON!i!kWCT FOR FUTURE PUBLIC IMPRWEMENTS TEis NT is made by the City of Carlsbad, k'hunicipal corporation; thereinafter referred to as llCityll, &d Nancy Edmondson, hereinafter referred to as "Property Owner:+ RECITALS WHEREAS, Property CWner has applied to City for a Building Permit Nutier CB 920711 for the real property hereinafter described, now under Property Owner's ownership: and WHEREAS, it has been found that said property is not suitable for development in its present condition, however said property would be suitable for development if certain public improvements hereinafter described are constructed and certain irrevocable offers of dedication are made to City; and WHEREAS, the Municipal Code of City requires certain improvements and dedications as a condition of approval of this building permit: and WHEREAS, Property Owner has requested that approval of said building permit be granted by City in advance of the time said 1 Rev. 11/05/91 A 2195 improvements are to be made; and WHEREAS, Property Owner, in consideration of the approval of said 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 said construction; ') ,._. ,'-' )( (,,/ ..A,:':. _ ;( N*w, THEREm&/:-+ffg between the parties hereto as follows: Section &, That City &gre-es ea record any irrevocable offers of dedication made by Property Owner for (none required). 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 da 3;)s installed or constructed, said improvements in I accordance with plans and specificatians approved by the City Engineer wit;hin &i&y (&II) days after written demand so to do by City. Property Owner shall not be required to make said improvements before September f, 2994, or within such further period of time as is granted by City, provided, however, that upon the happening of either cf the following occurrences said improvements may, at the sole election of City, be required to be made sooner than said date or such extended period of time which may have been granted by City: (a) When the City Council finds that the owners of 40% or more of the frontage, including the frontage of Property Owner, between intersecting 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. 2 Rev. 11/05/91 2196 - (b) When owners of more than 50% of the frontage, between intersecting streets on both sides of the street upon which the property herein described has frontage, have petitioned the City to form an improvement district for the improvement of said streets. ((ii ,( Said improvementsskS2tif2" ':ti&e without cost or expense to City. City estim&es that ,the cost of engineering and construction 'of said impr&ement at the time of signing this contract is Seven Thousand Nine Hundred Thirty Five and OO/lOO DOLLARS ($7,935.00). Property owner hereby acknowledges that said cost is a reasonable estimate of engineering and construction costs at this ekme and that the actual cost of same atsome time in the future may exceed this estimate. s@ction 3.' That for the faithful performance of t&promises and covenants herein contained, Property Owner hereby grants to City a lien'upon the hereinafter described property in the amount of $7,935.00 plus any future increases of cost in excess of this sum resulting from increased engineering and construction costs, and in the event Property Owner, Property Owner's successors, heirs, assigns, or transMre&s fail to install and construct said improvements in the manner and within the time specified herein, Property Owner agrees that City may do any or all of the follow- ing: (a) Have the necessary engineering for said improve- ments done, and install and construct said improvements by contract or otherwise. City or its contractor and contractor's employees may enter upon any portion or portions of the property reasonably necessary for said engineering and construction, and 3 Rev. 11/05/91 . 2197 h the entire cost and expense shall be charged against said property and payable by said Property Owner, Property Owner's successors, heirs, assigns ortransferrees immediately upon completion of said improvements. In the event same is not paid within thirty (30) days from completion, City may foreclose said lien as provided by law for the foreclosurs:Qi$! ,( '( : (b) Dir&c#Z the City' gngineer to estimate the cost of necessary engfneering, atid the work required to install and construct sa%d improvements, and foreclose said lien in said amount. (c) " Purs ue any remedy, legal or equitable (including those specifically referred to herein), for the ftireclbsure of a lien, and the Property Owner, Property Owner's successurs, heirs, assigns and transferrees, shall be liable for reasonable attorney's fees as a cost in said proceedings. Section 4,' That it is agreed'that anything herein contained to the contrary notwithstanding, the promises and covenants made herein shall not be binding upon the holders, mortgagees, or beneficiaries of any purchase money mortgage or purchase money deed of trust for value which ha@ been or may in the future be executed by the Property Owner, Property Owner's successors, heirs, assigns or transferees, and the lien hereby created shall be and is hereby subordinated to and declared to be inferior and subsequent in lien to the lien of any such purchase money mortgage or purchase money deed of trust. The lien hereby created shall likewise be of no force or effect against any owner whose title to the property hereinafter described is acquired by or as a result of a foreclosure or trustees' sale of any such purchase money 4 Rev. 11/05/91 2198 mortgage or purchase money deed of trust. Section 5. That at any time during the period herein provided, the Property Owner, Property Owner's successors, heirs, assigns or transferees may deposit a cash bond or post a surety performance bond satisfactory to the City to charge said surety with the cost of said ~~~~~v~~~t~~ the amount of bond to be the estimated cost of engineering an& improvements at the time of such deposit or post9ng as ascertained by the City Engineer, and that upon deposit of said cash or po&ing of‘said bond the City agrees to release. the property, or any portion OP it as to which said deposit or posting applies, from the provisions of this agreement, and to execute erny necessary release to enable the record title of the property to be released from the lien herein imposah. Se&ion '&- Said City shall not, nor shall any officer or employee thereof, be liable or responsible for any accident, loss or damage happenfng or occurring to the work or improvements specified in this agreement prior to the completion and acceptance of the same; nur shall said City, nor any officer or employee thereof, be liable far any persons or property injured by reason of said work or improvements, but aJll of said liabilities shall be assumed by said Property Owner and Property Owner's successors, heirs, assigns or transferees, and they shall save the City harmless from, and indemnify the City against, any and all claims, suits and liabilities of or to any person or property injured or claiming to be injured as a result of said work or improvements. Said Property Owner, and Property Owner's successors, heirs, assigns or transferees, further agrees to protect said City and the officers and employees thereof from all liability or claim 5 Rev. 11/05/91 . 7. ., * , . ’ . .’ 2199 because of, or arising out of, the use of any patent or patented article in the construction of said improvement. Section 7. It is further agreed that said Property Owner will at all times up to the completion and acceptance of said work and improvements by the City, give good and adequate warning to the traveling public of'any'd$&arous or defective conditions of public property. The &op&ty Owner hereby agrees to pay for such inspection of improvements as may be required by the City Engineer of City. Section 8. This agreement and the covenants contained herein shall be binding upon and inure to the benefit of the successors, heirs, assigns and transferees of Property Owner, shall run with said real property, and create an equitable servitude 'Upon said real property, Section 9. A description of the property referred to herein and upon whPc+b~akd lien is imposed is described as follows: PARCEL B OF MAP NO. 666 FILED IN THE OFFICE OF THE SAN DIEGO CWNTY RECORDER NOVEMBER 16, 1971. /// /// /// /// /// /// /// /// /// /// Rev. 11/05/91 1 .,-. . . L’ * 2 , , A Section 10. 22%) i The required improvemenLs to be constructed and the estimated costs thereof are as follows: IMPROVEMENTS ESTIMATED COSTS Engineering L.S. $2,000.00 Curb and Gutter 75 LF 1,100.00 Sidewalk 375 Sq. Ft. 1,500.00 Base and AC Paving 600 Sq. Ft. 1,800.OO Portion of Street Light 500.00 $6,900.00 +15% Contingency 1.035.00 $7,935.00 .I i__ _ Executed by Pro&rt$"&wne&his 19Q. Ig :'~ day of A&+L# PROPERTY OWNER CITY OF, CARLSBAD a municipal corporation of the State of California Nancv Edm&&son Je Pr#ipqzrty Owner) Nancy Etim nd ati (print ti& &re) for City Manag& : ATTEST: (title and organiza&3n~of signatory) a:, By: x',o (sign here) (print name here) A* ALETHA RAUTENKl&HZ City Clerk - w Z'1-:( (title and organizati&,of signatory) ,: c (Proper notarial acknowledgement of execution by PROPERTY OWNER must be attached) (President or vice-president and secretary or assistant secretary must sign for corporations. If only one officer signs, the corporation must attach a resolution certified by the secretary or assistant secretary under corporate seal empowering that officer to bind the corporation.) APPROVED AS TO FORM: RONALD R. BALL City Attorney By: c/ Deputy City frttorney 7 Rev. 11/05/91 ~JA&rE$F&ALIFORNIA an 3 I &, d- 1 On @ 93, before me, l mq , Notary Public, . personally appeared personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of I- OFFlClAl SEAL which the person(s) acted, executed the instrument. LEIGH B. CARLSON I NOTARY PUBLlCCALlFDRNlA PRlNCIPAl (IFFICF IN WITNESS rnr handznd official N , Signature SF.9474.8 (Rev A 11BO) (CA) _ .._- .I. SAN DiEGO COUNTY My Cummtwon Exolres Sept 27 1994