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HomeMy WebLinkAboutCB991603; Faraday Business Plaza LLC; 1999-0425007; Local Facilities Mgmt Zone Fee Agreement/ReleaseRECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City Clerk CITY OF CARLSBAD 1200 Carlsbad Village Drive Carlsbad, California 92008-1989 DOC Ti 1999-0425007 3932 JUN 17. 1999 XL-53 fwl m1cw. rEmI4 i ~~~~~ kuk ’ 25.00 ; .-..- . ..I. 1.11 llll llll 1111111 II111 lllllllll~'~~~~s~oo*5007 Space above this line ror Kecorder’s use AGREEMENT BETWEEN DEVELOPER/OWNER AND THE CITY OF CARLSBAD FOR THE PAYMENT OF A LOCAL FACILITIES MANANGEMENT ZONE TRANSPORTATION FEE ,, ,, ~, .,, :,; :~, ,,, i, ,, ,,.:, .,,,, Parcd,:N%:_, 212-130-31 ~--‘: c ,,,‘,, j., THIS AGREEMENT’& entereb:int&is’ US,.. by and between (nqme of developer/owner) Faraday Busifiese” Phza, LLC a (corporation; partnership, etc.) Limited Liability CO- , -hereinafter referred to as “Developer” whose address is (street, c&, state, ,zip code)2947 Camino Vida Roble Suite 104, Carlsbad g 2 o o &nd the CITY OF CARLSBAD. a municipal corporation of the State of,‘Czilifdi%ia, hereinafter referred to as “City”, whose address is 1200 Carlsbad Village Drive, Carlsbad,‘California, 92008-1989. WITNESSETH: WHEREAS, Developer 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 LFMP ‘Zone - 5 within City; snd WHEREAS, Developer proposed a development project as follows: Tenant Improvements at 1635 Faraday 3n said Property, which development carries the proposed name of Faraday Business Plaza - and is hereafter referred to as “Development”; and LFMP Zone Transportation Fee 1 4/29/W mv-l603 + ST7 . . i 3933 WHEREAS, Developer filed on the 2 6 th day of April * 1999, with the City a request for T. I. Building Permit hereinafter referred to as “Request”; and WHEREAS, the Growth Management Ordinance (Carlsbad Municipal Code Chapter 21.90) 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; and WHEREAS, Developer, and Citj.recogni&he tinectness~:of the Growth Management \,,’ “, ~, .’ ..; ,” Ordinance, and that the City’stransportation factltties within or affe$ed’by’LFMP Zone 5 are at capacity and,will not be available’to~accommodate’the:additional~need for transportation facilities resultingfrom 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 wiltnot be able to make any such tinding,without financial assistance to pay for such services and facilities; and therefore, Developer proposes to help satisfy the’Growth Management’ordinance and not be’ bound, by the Moratorium’on such Development established by City Council Ordinance No. NS-473 (adopted and effective as an urgency ordinance April’27, 1999) by payment of an interim transportation,facilities fee. NOW, THEREFORE, in consideration of !he recitals and the covenants contained herein, the parties agree as follows: 1. The Developer shall pay to the City a transportation facilities fee in an amount estimated at $10.00 per Average Daily Trip (ADT) generated,,by the Development pursuant to the Request. The fee shall be paid prior to the issuance of building or other construction permits for the Development. Notwithstanding the forgoing, said fee is subject to adjustment, based upon the amount of the LFMP Zone transportation fee, or other fee, ultimately adopted by the City Council as the basis for,termination of the Moratorium declared by the City Council LFMP Zone Transportation Fee 2 4l29l99 , : .~. ‘, 3934 on April 27, 1999. If said fee has not been paid prior to final Council action formally adopting such fee, this fee shall automatically be adjusted to be the same as that fee. If this fee has been paid prior to such Council final action, then this fee will again automatically be adjusted, and Developer shall, within thirty (30) of written notice thereof by City pay any shortfall; or City shall within thirty (30) days of such determination, refund any overage. This fee shall be in addition to any taxes, fees, dedications or improvements required pursuant to Titles 18, 20 or 21 of the Carlsbad Municipal Code. The terms “other construction permits”, “other construction permit” and “entitlement for use;,?as:used~in ‘this agreement;:ex@pt,in reference to mobilehome sites or projects, shall not :mfer to ~grading permits or other ~permits’~for. the construction of underground or street ,improvements unless no other pemiit:,is necessary prior to the use or .,’ occupancy for which the development is intended. 2. ,‘: This ‘agreement and the fee paid pursuant hereto are, required to ensure the consistencyyof the ‘Development with the City’s General Plan and Growth Management Ordinance. If the,fee is not paid as provided herein, the City will not have the funds to provide public facilitfes and services, and the development will not be consistent with the General Plan and any approval,or permit for the Developmentshall be void.“No building or other construction permit shall be issued until the public facilities fee required by this agreement is paid. 3. Cityagrees to deposit the fees paid pursuant to this agreement in,a fund for the financing of transportation facilities in or affected by Local FacilitiesManagement Zone 5 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. LFMP Zone Tranqmmtion Fee 3 4. 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. 3935 5. All obligations hereunder shall terminate in the event the Request made by Developer is not approved. 6. 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: 6.1 If notice is given to the Cihyof~personal delivery thereof to the City or by F, ,),, depositing same in the United States’~~Bjll-addressed~to the City5atIthe address set forth herein, %,,, ,, enclosed in a sealed envelope, addressed to the Ct’y for ahentidn ~of:the’City Manager, postage ,. prepaid and certified. .,. ,, S:$:‘,’ If~notice kgiven to Developer by personal ~delivery thereof to Developer or by depositingthe sartkin~the United States Mail, enclosed in a sealedenvelope, addressed to Develope&he address as many have been”destgnated;;postage prepaid and certified. .‘, 7. 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 City, and references to Developer or Cityherein shaltbe deemed to be a reference Wand include their respective successors and assigns without specific mention of such successors and assigns. ,‘,lf Developer ,,, should cease to have any interest in’the Property, all obligations of Developer”hereunder shall terminate; provided, however, that any successor to Developer’s interest in the property, shall have first assumed in writing the Developer’s obligations hereunder. . . . . . . . LFMP Zone Tmqmmion Fee 4 4l29199 . 3, 3936 8. 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. IN WITNESS WHEREOF, this agreement is executed in San Diego County, California as of the date first written above. DEVELOPER-OWNER: CITY OF CARLSB) Faraday Business Plaza, AD, a municipal William A. S&rley (print name) assistant secreta (/f signed by an individual partner, the $k&&Cj~ ‘must attach a statement of partnersk authorking the partner to execute this instrument). If or rip I LFMP Zone Transportation Fee 5 5/25,99 3937 EXHIBIT “A LEGAL DESCRIPTION PARCEL A: LOT 106 OF CARLSBAD TRACT NO. 85-24 UNIT 5 CARLSBAD RESEARCH CENTER, IN THE CITY OF CARLSBAD, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 12815, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, MAY 16, 1991. PARCEL B: A NON-EXCLUSIVE EASE~NT:FOR,VEHICULA~ AND @&STRIAN ACCESS, INGRESS AND EGRESS ,OVEP:,::,i~~~~ONGI'~,:ACR?SS AND ,THROUGH THE NORTHWESTERLY 30 FEET,OF"',TNE NORTHEA'STERLY 200 FEET OF LOT 107 0~ CARLSBAD TRACT,NO: 85-24 UNIT ~,CARLSBAD RESEARCH CENTER IN THE CITY OF CARLSBAD, COUNTY OF SAN DIEGQ, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 12815 FILED IN THE OFFICE OKTHE COUNTY RECORDER OF SAN DIEGO COUNTY ON MAY 16, 1991. PMZ Transportation Fee 3938 State of California County of San Diego ) On Man, La ,\9% before me,C\nv\stt u&WZ ,&@YL, %\LL , (Date) (Name, Title of Officer) personally appeared LwlllKLh, a. 3&&4/q ’ (Name[S] of SignerN) , personally known to me -OR - (proved to me on the basis of satisfactory evidence) to be the person(s) whose name@.) a% subscribed to the within instrument and acknowledged to me that@she/they executed the same i&&/their authorized capacity(rBs), and that by %$t?er/~eir signature(s) on the instrument the person(s), or entity upon behalf of which the person(s) acted, executed the instrument. (This area for official notary seal) Title or Type of Docu