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HomeMy WebLinkAbout2000-03-28; City Council; Resolution 2000-99.- *I 0 0 1 RESOLUTION NO. : 2000-99 2 3 4 5 6 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE MAYOR TO EXECUTE A PREPAYMENT AGREEMENT BETWEEN THE CITY OF CARLSBAD AND LB/L CONCORDIA CARLSBAD LLC FOR CT 98-02 WHEREAS, the City of Carlsbad City Council has required that the funding of Rancho Santa Fe Road and Olivenhain Road (Project) must be guaranteed before any development takes place in the area bounded by Local Facilities Management Zones 11 and 12, 8 10 9 and portions of Zone 6; and WHEREAS, although the Council anticipates that CFD No. 2 will be ’ ’ formed in the future, the Council is willing to consider alternative financing proposals during the 12 period fi-om the present to the formation date of CFD No. 2; and 13 14 1 5 share of costs associated with the Project; and 16 WHEREAS, LB/L Concordia Carlsbad LLC intends to build a 17 WHEREAS, the City Engineer has determined that due to the size of ’ 8 the LB/L Concordia Carlsbad LLC development, there will be no major impact on the circulation 19 system at the present time if the LB/L Concordia Carlsbad LLC development is allowed to 20 proceed; and 21 WHEREAS, the Council finds that LB/L Concordia Carlsbad LLC may enter into the attached Petition, Waiver and Consent to Creation of a Community Facilities 22 District and Agreement to Pay Fair Share Cost (Exhibit 2, attached hereto) in satisfaction of their 23 obligation under the Project financing conditions. 24 25 26 flq+J&Q WHEREAS, the Council has directed City staff to proceed with the formation of a Community Facilities District (CFD No. 2) to finance the Project; and WREREAS, the Council finds that the guarantee provisions related to the Project may be met through an interim financing program using an agreement between certain property owners and the City, whereby the property owner agrees to prepay hisher fair development in Local Facilities Management Zone 6 known as Colina Roble, CT 98-02; and NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Carlsbad, California, as follows: 27 28 I 4 4 L I 1 2 0 e 3 2. That the form of the PETITION, WAIVER AND CONSENT TO 4 1. That the above recitations are true and correct. 5 6 CREATION OF A COMMUNITY FACILITIES DISTRICT AND AGREEMENT TO PAY FAIR SHARE COST, (the Agreement) attached hereto, is hereby approved. 7 a 3. That the Mayor is hereby authorized to enter into the Agreement with LBL Concordia Carlsbad LLC. 4. The amount that is due and payable to the City by LBL Concordia Carlsbad 9 10 1 1 AYES: Council Members Lewis, Hall, Finnila and Kulchin 13 12 Council on the 28 day of March ,2000 by the following vote, to wit; LLC prior to the execution of this agreement by the Mayor shall be equal to $287,000. PASSED, APPROVED AND ADOPTED at a regular meeting of the City 14 15 16 17 NOES: None ABSENT: Council Mem 18 19 20 ATTEST: 21 &anL 22 23 LOkdAINE WOOD, City Clerk (SEAL) 24 25 26 I1 27 28 )I L .I I. ' .. w c ~~~~~~#~~~~ 2000-0201033 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City Clerk CITY OF CARLSBAD 1200 Carlsbad Village Drive Carlsbad, CA 92008 I A ' QaPR 3-35 2000 BE35 OFFICIN Em ,1985 sbf! DIE60 WNTY WECdRER'S OFFICE til?EKiI# J. %ITHt WTY EDXDW ES: 55.00 /' / 6 1 Space Above This Line for Recorder's Use v Assessor Parcel No. 255-040-55 PETITION, WAIVER AND CONSENT TO CREATION OF A COMMUNITY FACILITIES DISTRICT AND AGREEMENT TO PAY FAIR SHARE COST OF CT 98-02 ("AGREEMENT") COLINA ROBLE WHEREAS, the undersigned Property Owner at this time is processing for development with the City of Carlsbad (hereinafter referred to as "City") a development project known and identified. as Carlsbad Tract Map 98-02 (hereinafter referred to as the "Project"); and, WHEREAS, the legal description for the Project is shown on Exhibit "B" attached hereto; and, WHEREAS, City has determined this Project is located within the boundaries of a proposed Community Facilities District known as Community Facilities District No. 2 - Rancho Santa Fe and Olivenhain Road (hereinafter referred to as "District"); and, 1 I! b0 " '. .I w ,& B4 EXHIBIT 1 i WHEREAS, District is intended to be formed to finance those improvement: generally described in Section 1 herein; and, / WHEREAS, Property Owner desires to proceed with processing prior to the formation of District; and, WHEREAS, condition number 37 of Tentative Tract Map CT 98-02 requires that the Property Owner provide for or participate in the construction of certain public improvements including sections of Rancho Santa Fe Road; and, WHEREAS, the compliance with tentative map conditions is a condition of the Project; and, WHEREAS, the City and Property Owner desire to agree to an alternative method of financing the improvements described in Section 1 herein that will allow Property Owner to discharge its fair share and obligation for said improvements in lieu of, or in anticipation of, participation in District; and, WHEREAS, the City Council agrees that Property Owner, upon entering into this agreement and upon payment of the fair share described herein, has mst the requirement set forth in tentative map condition number 37 for Carlsbad Tract Map 98-02 to provide a financial guarantee for -the construction of those improvements described in Section 1 below; and, WHEREAS, Property Owner voluntarily enters into this agreement with respect to the Project; and, 2 w I. rn WHEREAS, the City Council has determined that due to the size of the proposed development, there will be no major impact on the circulation system at the present time if development of the Project is allowed to proceed with sufficienl financial guarantees for future construction of Property Owner's fair share of the circulation improvements; / NOW, THEREFORE, in consideration of proceeding with the processing of Project, the undersigned Property Owner and City hereby agree and certify to the following: 1. . Property Owner hereby petitions the City for the initiation of the proceedings for the formation of District which will cause the construction and installation and/or financing of the following improvements (hereinafter referred to as "Improvements") which are generally described as follows: a) Rancho Santa Fe Road North Phase 1 (RSF No.1) La Costa Avenue to east of Mahr Reservoir b) Olivenhain Road Widenins, and intersection imcxovernents at Olivenhain and El Camino Real c) Rancho Santa Fe Road North Phase 2 (RSF No. 2) Phase 1 End to Melrose Drive. d) Rancho Santa Fe Road South (RSF So.) (Assumes Secondarv Arterial Standard - Encinitas Citv Boundarv to Olivenhain Road Full ImDrovements, 2. The cost of construction, engineering, environmental mitigation's, legal and other incidental expenses as set forth in the Improvements budget will be funded by the District. 3. Property Owner acknowledges its right to notice of and participation in 3 w w all phases of formation under the "Mello-Roos Community Facilities Act of 1982,' expressly waives the proceedings required and all limitations contained in Title 5 Division 2, Chapter 2.5 of the California Government Code and nonetheless with ful knowledge of such rights, completely and forever waives such rights. Specifically Property Owner hereby consents to the proceedings and waives any right to protes. the formation of the District and the ordering of the improvements unde.r applicablc California statutes and consents to and supports formation of said District witt respect to the Project. The City shall exclude the Project from the District boundary map if, prior to the adoption of a Resolution of Intention by the City Council to forrr said District, Property Owner has entered into this agreement and has paid to the City all amounts due as described herein. 4. a) Property Owner agrees to pay to City, or provide, its fair share for the Improvements described in Section 1. b) Said payment, or provision, shall be made in the manner described in Exhibit "A", Rate and Method for Determining Fair Share Obligation Rancho Santa Fe and Olivenhain Road, which is incorporated herein by reference. c) The amount of Property Owner's fair share will be conclusively determined by the City Council in the manner described in Exhibit "A" attached hereto. d) Payment by Property Owner of its fair share of improvement costs as determined by City Council and set forth herein will satisfy its obligations for the construction of the improvements described in Section 1, as required by the Tentative Map condition number 37 as that condition applies to Carlsbad Tract No. 98-02 subject to adjustment as described in Section 9 herein. 4 w e e) Alternatively, if the District is formed and Project is included within it, Property Owner's obligations to pay its fair share pursuant to thkagreement shall be satisfied upon payment of all taxes imposed, established and payable to said District. ,' 5. Property Owner acknowledges that this agreement to pay its fair share and participate in the financing of improvements is voluntary and that without this agreement Property Owner would be precluded from obtaining final map approvals or building and other development permits under the provisions of the General Plan, Chapter 21.90 of the Carlsbad Municipal Code, applicable zone plan, financing plans and related documents until a satisfactory financing program has been developed to fund the construction of the Improvements described in Section 1. 6. Property Owner hereby waives his right to challenge the amount, establishment or imposition of said fair share and further waives any rights to pay said fair share under protest. 7. This agreement does not affect, in any way whatsoever, the obligation of Property Owner to pay any other fees or assessments associated with Property Owner's development and/or to post improvement bonds as required by the City Engineer. Nor does this agreement relieve Property owner from providing other public facilities required under conditions placed upon Tentative Map CT 98-02 by the City. 8. Property Owner agrees that payment of its fair share is not a fee and waives any and all rights to notice of, or challenges to, the establishment or imposition of said fair share as a fee under provisions of Government Code section 66000 et sea., or any successor or related statutes. 5 c I W 0 9. a) If the District is formed subsequent to the payment by Property Owner of the fair share pursuant to this agreement, Property Owner's financk obligation shall be recalculated using the taxing formula established for the District fol the improvements described in Paragraph 1. If that obligation is,, lower than tht amount previously paid or provided by Prop.erty Owner to City, City shall refund an) excess, in the manner described below. / b) Any refund shall be made from funds available within District upon District formation and shall not be an obligation of City's General Fund or othel revenue sources. c) In the event that sufficient funds are not available from District's resources, Property Owner shall be reimbursed in the order in which funds were deposited with City as soon as sufficient funds become available, as determined by the City Council, through the payment of one-time taxes or annual undeveloped land taxes to the District. The City is not required to establish an undeveloped land tax within the District to provide such refund. d) No reimbursement is required until the City Council determines that sufficient funds are available. Any refund to Property Owner shall not include interest. e) Any payment received by the City under this agreement shall be deposited in a special interest bearing fund and may only be used to' fund the construction of the facilities described herein. Upon the formation of a CFD to fund these same Improvements, any amount remaining in the special fund may be transferred to the CFD fund, at the discretion of the Finance Director. 6 / w e 10. Upon completion of the Improvements, and recording of the notice' 01 . completion for the final phase of the Improvements, the City Engineer shall determine the total cost of all phases of the Improvements and all related work (Costs), and the Finance Director shall determine the total amount of revenue including fees, taxes, interest earned on funds restricted to use only on the Improvements, and other sources of funds received by the City dedicated to paying for the construction of the Improvements (Revenues). The Finance Director shall then compare the amount of Costs and Revenues to determine if there are any excess Revenues as described below. If excess Revenues of more than $1 00,000 exist, the Finance Director shall provide refunds to all eligible parties of all excess Revenues in an amount and in the manner described below. If excess Revenues are equal to, or less than $1 00,000 the City shall retain these funds in a special fund to be used to finance street repair, maintenance, and landscaping within the Improvements. a) The total amount of excess Revenues shall be determined by deducting the amount of the project Costs from the available Revenues. Total project Costs shall include all costs to plan, design, construct, mitigate environmental impacts, inspect, and otherwise complete the project to the satisfaction of the City Engineer, including applicable charges for City staff services. Total Revenues shall include all monies held by the City dedicated exclusively to the construction of the Improvements including any fee revenues earmarked.for the Project, CFD #2 taxes, applicable CFD #I taxes, grants, and interest earned on restricted funds as determined by the Finance Director. b) The amount of the refund due to any party shall be based on the proportion of that party's payments under this agreement based on its' proportional share of Equivalent Dwelling Units constructed or to be constructed by that party, weighted as described in Exhibit A, divided by the total number of EDUs constructed or to be constructed within, and participating in, CFD #2 andlor CFD #2 agreements 7 1 a, 0 to prepay taxes. The amount of the refund shall be determined by multiplying th proportional share computed above by the total amount of excess revenues. c) In order to share in the refund of any portion of the excess Revenues the eligible party must request to be included in the distribution of funds. Sucl request must be made within 90 days after the City/Council’s acceptance of thi Notice of Completion for the final phase of the Improvements. Each request must bt accompanied by documents indicating clear title to the refund unless the request i: being made by the party which originally paid the taxes to the City under 2 prepayment agreement or to CFD #2. d) The Finance Director shall compute the amount of the refund due each party as described above. Funds may be disbursed to the eligible parties following Council approval of such refunds. e) If the City does not receive requests for refund from all eligible parities within the specified period, and all funds cannot be disbursed as provided by this section, any remaining funds shall be held in a special fund to be used to support road and roadway maintenance in and around the Improvements area, as determined to be necessary by the City Engineer, and approved by the City Council. f) As a courtesy to all interested parties, the City will maintain a file of those individuals or companies entitled to a refund, and will mail notices of refund availability to the names and addresses in this file following the City Council‘s acceptance of the final Notice of Completion. It is the eligible party’s responsibility to notify the City if the rights to any refunds under this section are assigned to another party, or if there is a change in name or address for the eligible party. The City takes no responsibility for the accuracy of the information included in this file, and is under no obligation to locate persons or entities who are entitled to refunds. Failure to 8 1 W a notify any party of the availability of excess Revenues shall not obligate the City ir any way to extend or modify the above refund procedures. 1 1. Compliance with this agreement will be accepted by City as an alternate to the method described in the current Local Facilities Management Plan for local facilities Management Zone 1 1 for financing the Improvements described in Paragraph 1. This agreement does not require City to issue building permits or othel development permits or grant approvals or relieve Property Owner of the obligation to comply with all applicable provisions of law, including but not limited to Carlsbad Municipal Code Titles 18, 19, 20 and 21. 12. Compliance with the provisions of this agreement is a condition of all future discretionary approval for the Improvements Property Owner does not comply with the provisions of this agreement, approval of the Project will not be consistent with the General Plan, the Growth Management Program, and the Local Facilities Management Pian, and all subsequent discretionary approvals and permits for the Project may be withheld by City. 13. In addition, the City will not approve any pending final maps, issue grading, building or other development permits or take any discretionary action 'until the Property Owner has complied with the terms of this agreement due to be satisfied at the time such approval is required. 14. The City may, at its discretion, elect to pursue any remedy, legal or equitable against Property Owner and Property Owner's successors, heirs, assigns, and transferees of the Project to secure compliance with this agreement. 15. City shall not, nor shall any officer or employee of City, be liable or responsible for any loss or damage incurred by Property Owner or any successor or assign of Property Owner, or by any occupant in Property Owners buildings, as a 9 1: W a .. result of the exercise of any remedies provided to City in this agreement. Propert) Owner agrees to indemnify City for any liabilities incurred by City as a result of City's exercise of these remedies. / 16. This agreement and the covenants contained herein shall be binding upor and inure to the benefit of the successors, heirs, assigns, and transferees of Property Owner with respect to the Project only and City, and shall run with the Project and create an equitable servitude upon the Project. 17. All notices provided for under this agreement shall be in writing and shall be delivered in person or served by certified mail postage prepaid. Delivery of notice to Property Owner shall be presumed to have been made on the date of mailing regardless of receipt by Property Owner. Notices required to be given to Property Owner shall be addressed as follows: Notices to the City shall be delivered to: Finance Director City of Carlsbad 1635 Faraday Ave. Carlsbad, CA 92008 Notices to Property Owner shall be delivered to: LBIL Concordia Carlsbad-28-LLC 71 30 Avenida Encinas, Suite 200 Carlsbad, CA 92009 Each party shall notify the other immediately of any change that would require any notice delivered hereunder to be directed to another party. 18. This agreement shall be recorded but shall not create a lien or security interest in the property. Ill Ill Ill 10 I' W 0 19. The undersigned Property Owner further states, under penalty of perjury, that he is owner of the property as described herein on Exhibit "B", or an authorized agent of the owner, and has the authority to execute this document, including the binding authorizations herein. i Executed this 21 'Ly of h!'fdg?% , 2000. / "OWNER: LB/L Concordia Carlsbad-28-LLC By: LB/L-Concordia Master LLC, a Delaware LLC By: ATTEST, Name .h havr uol ~~~~~V~ (title and organizatiod of sighatory) By: City Clerk (sign here) (print name here) (title and organization of signatory) rj&r3iL&/ Approved as to form: Ronal A. Ball City Attorney (Proper notarial acknowledgment of execution by *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.) 11 e CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California personally appeared Name(@ of Signer(s) evidence to be the person$$- whose namev&M subscribed to the within instrument and acknowledged to me that@shdWyexecuted the same in l&h#&er authorized capacityo, and that by @l#&#eir signaturewon the instrument the person&), or the entity upon behalf of which the person& acted, executed the instrument. Place Notary Seal Above Though the information below is not required by law, it may prove valuable to persons relying on the document Description of Attached Document Title or Type of Document: w- Document Date: ,?%-i 1- Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer 0 Corporate Officer - Title(s): 0 Partner - 0 Limited General 0 Attorney in Fact 0 Guardian or Conservator Signer Is Representing: 0 1997 National Notary Association - 9350 De Soto Ave.. P.O. Box 2402 - Chatworth. CA 91313-2402 Prod. No. 5907 Reorder: Call Toll-Free 1-800-8766827 -I m 0 EXHIBIT A. RATE AND METHOD FOR DETERMINING FAIR SHARE OBLIGATION RANCHO SANTA FE AND OLIVENHAIN ROAD The City Council shall use the following rate- and method for determining the fair shar obligation for funding the construction of Rancho Santa Fe and Olivenhain Road du from property conditioned to participate in the financing of these facilities. Thi. /' calculation is done as part of an agreement titled PETITION, WAIVER AND CONSENl TO CREATION OF A COMMUNITY FACILITIES DISTRICT AND AGREEMENT TO PAY FAIR SHARE (Agreement) which has been voluntarily entered into by the City o Carlsbad and certain property owners wishing to proceed with development of thei property in adva'nce of the creation of Community Facilities District No.. 2 (CFD No, 2). It is the City and property owners intent to form CFD No. 2 to provide funding fol those improvements described within the above-referenced agreement. The following rate and method shall be used to determine the fair share and amount due from any property owner wishing to take advantage of this alternate funding mechanism. Basis for Cost Allocation The basis for allocation of costs to property conditioned with the financing of the improvements described in the Agreement shall be the Equivalent Dwelling Unit (EDU) which is defined per product classification as follows: Product Classification Eauivalent Dwellina Units Single Family - Detached Units 1 .O EDU Single Family - Attached Units 0.8 EDU Multi-Family Units 0.6 EDU Churches 4.0 EDU per Acre Commercial/lndustriaI and other 10 EDU per Acre 12 A w a The number of each type of unit included in a development shall be determined by thr City Engineer based on the most recent final map submitted to the City for approval, / The EDU determination for non-residential development shall be made by the Citl Engineer when such a determination is requested by the property owner. The Citj Engineer may request additional information from any property owner as may be necessary to make his determination. The City Engineer is not required to make E determination on the number of EDUs for any project until adequate information is available. The City Engineer's determination shall be submitted to the City Council. in the table below. The City Council shall make the final determination of the number of EDUs to be used in computing the fair share obligation for any project. Fair Share Amount and Method of Payment The City shall collect $1 0,250 for each EDU as determined by the City Council. This amount shall be collected in one payment of $1 0,250 per EDU to be paid prior to Council consideration of final map approval as described below. 1) Prior to the approval of a final map by the City Council, the property owner shall pay to the City. an amount equal to the number of EDUs included in said final map, as determined by the City Engineer, times $1 0,250. If the City Council determined that the City Engineer's calculation of the number of EDUs in.cluded on the final map is in error, the Council shall direct the City Engineer to amend his calculations and direct staff to bring the final map back for approval when such correction has taken place. Funds must be paid to the City before the final map will be scheduled for Council consideration. 13 17 e e Computation of Fair Share Obligation Colina Roble CT 98-02 I I I Units I TOTAL 2) If the property owner has already obtained a final map for units conditioned with the financing of Rancho Santa Fe and Olivenhain Road, the property owner shall pay to the City the net amount due shown above prior to entering into this agreement. 14 I; o..aii D ORDER NO. 1204262-1 LEGAL DESCRIE'TION THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFOkMA, COUNTY 0: SAN DIEGO, AND IS DESCRBED AS FOLLOWS: / PARCEL A: THAT PORTION OF LOT 13 OF THE SUBDMSION OF kANCH0 LAS ENCZNITAS, IN THE COUNTI OF SAN DIEGO, STATE OF CALIFORNA, ACCORDING TO MAP THEREOF NO. 848, FEED IN THI OFFICE OF, THE COUNTY RECORDER OF SAN DIEGO COUNTY, JUNE 27, 1898, DESCRIBED A! FOLLOWS: BEGINNING AT A POINT ON THE WESTERLY LINE OF SAID LOT 13, WHICH IS DISTANT THEREOK NORTH 2'50'30" WEST 1323.85 FEET FROM THE SOU'THWESTERLY CORNER OF SAID LOT 13; THENCE NORTH 87'03'55" EAST 1792.90 FEET TO THE CENTER LINE OF THE COUNTY ROAC KNOWN AS ROAD SURVEY NO. 454-A, AS DESCRIBED IN DEED TO THE COUNTY OF SAN DIEGO, RECORDED DECEMBER 19,1930 IN BOOK 1839, PAGE 356 OF DEEDS, RECORDS OF SAID COUNTY; THENCE ALONG SAID CENTER LINE AS FOLLOWS: NORTH 36'53'23" WEST - RECORD NORTH 37'01' WEST - 395.54 FEET T0.m BEGINNING OF A TANGENT 1000.00 FOOT RADIUS CURVE, . CONCAVE NORTHEASTERLY; THENCE NORTHWESTERLY ALONG SAID CURVE 291.9'1 FEET THROUGH AN ANGLE OF 16'43'30"; THENCE TANGENT TO SAID CURVE NORTH 20'09'53" WEST LOT 13; THENCE ALONG SAID NORTHERLY LINE, SOUTH 87'03'30" WEST 1216.69 FEET TO THE NORTHWESTERLY CORNER OF SAID LOT 13; THENCE ALONG THE WESTERLY LINE OF SAID LOT, SOUTH 2'50'30" EAST 1323.84 FEET TO THE POINT OF BEGINNING. EXCEPTING THEREFROM THAT PORTION OF LOT 13 OF THE SUBDMSION OF RANCHO LAS ENCINITAS, IN THE CITY OF CARLSBAD, COUNTY OF SAN DIEGO, STATE OF CALJFORNTA, ACCORDING TO MAP NO. 848, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, JUNE 27,1890, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAD LOT 13, SAID NORTHWEST CORNER BEING THE TRUE POINT OF BEGINNING; THENCE EASTERLY ALONG THE NORTHERLY LINE OF SAID DESCNBED IN DEED TO THE COUNTY OF SAN DEGO RECORDED DECEMBER 19,1930 IN BOOK 1839, PAGE 356 OF DEEDS, RECORDS OF SAID COUNTY, ALSO KNOWN AS RANCHO SANTA FE ROAD; THENCE LEAVING SAID NORTHERLY LINE OF LOT 13 SOUTHERLY ALONG THE CENTERLINE OF SAID ROAD SURVEY 454-A SOUTH 20'09'53" 'EAST, 280.84 FEET, THENCE LEAVING SAlD CENTERLINE OF ROAD SURVEY 454-A WESTERLY ALONG A LINE PARALLEL TO SAID NORTHERLY LINE OF LOT 13 SOUTH 87'03'30" WEST, 518.71 FEET; THENCE LEAVING SAID PARAUEL LINE SOUTHERLY SOUTH 02'56'30" EAST, 150.00 FEET; THENCE WESTERLY ALONG A LINE PARALLEL TO SAID NORTHERLY LINE OF LOT 13 SOUTH 87'03'30" WEST, 291.59 FEET; THENCE LEAVING SAID PARALLEL LINE NORTHERLY NORTH 02'56'30" WEST, 150.00 FEET; 768.03 FEET - RECORD NORTH 20'17'30" WEST 764.26 FEET - TO THE NORTHEKY LINE OF SAID LOT 13 NORTH 87'03'30" EAST, 1,216.68 FEET TO THE CENTERLINE OF ROAD SURVEY 454-A AS PAGE 1 of 2 /: w 0 ORDER NO. 1204262-1 THENCE WESTERLY ALONG A LINE PARALLEL TO SAID NORTHERLY LINE OF LOT 13 SOUT, 87"03'30" WEST, 490.00 FEET TO THE WESTERLY LINE OF SAID LOT 13; THENCE LEAVING SAIl PARALLEL LINE NORTHERLY ALONG SAID WESTEmY LINE OF SAID LOT 13 NORTH 02°50130 WEST, 268.25 FEET TO THE TRUE POINT OF BEGINNING. i PARCEL B: / AN' EASEMENT FOR PUBLIC UTILmS AND RIGIFT-OF-WAY FOR ROAD PURPOSES, OVER UNDER, ALONG AND ACROSS A STRlp OF LAND 80 FEET WIDE OF THAT PORTION OF LOT 13 01 THE SUBDIVISION OF RANCHO LAS ENCINEAS, IN THE CITY OF CARLSBAD, COUNlY OF SA? DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP NO. 848, FILED IN THE OFFICE OF THI COUNTY RECORDER OF SAN DIEGO COUNTY, JUNE 27,1890, MORE PARTICULARLY DESCRIBE1 AS FOLLOWS: BEGlNNING AT THE NORTHWEST CORNER OF SAID LOT 13, SAID NORTHWEST CORNER BEING THE TRUE POINT OF BEGINNING; THEWCE EASTEFUY ALONG THE NORTHERLY.,LINE OF SAlc LOT 13 NORTH 87"03'30" EAST, 80.00 FEEX THENCE LEAVING SAID NORTHERIY LINE SOUTHERLY ALONG A LINE PARALLEL TO THE WESTERLY LINE OF LOT 13, SOUTH 02"50'30" EAST 268.25 FEET; THENCE WESTEXLY ALONG A LINE PARALLEL TO SAID NORTHERLY LINE OF LOT 13, SOUTH 87"03'30" WEST 80.00 FEET TO THE WESTERLY LINE OF SAID LOT 13; THENCE LEAVING SAID PARALLEL LINE NORTHERLY ALONG SAID WESTERLY LINE OF LOT 13 NORTH 02"50'30" WEST, 268.25 FEET TO THE TRUE POINT OF BEGINNING, TOGETHER WITH SLOPE RIGHTS TO A "UM OF TEN (I 0) FEET. 4 SEPTEMBER 10,1999 9:32 Ah4 SP PAGE 2 of 2 4