Loading...
HomeMy WebLinkAboutNewport Shores Builders; 1987-09-16;REIMBURSEMENT AGREEMENT II REGARDING INTRACT WATER SYSTEM FACILITIES CONSTRUCTED AS PART OF CARLSBAD TRACT NO. 72-34 RANCHO LA CUESTA PHASES I, II, III, & IV AND RANCHO LA CUESTA UNIT NO. 5 \ THIS AGREEMENT is made this /^ day of \deMflls06faS, 1987, between COSTA REAL MUNICIPAL WATER DISTRICT, hereinafter called "DISTRICT", and NEWPORT SHORES BUILDERS, a California corporation, hereinafter called "DEVELOPER", with respect to the following: (1) DEVELOPER and DISTRICT have entered into the following x-—^agreements, related to this Agreement, all of which together provide for the construction of a complete public water system to serve the subdivision: (a) "Agreement for Construction of Water System to Serve Subdivision Land and for Performance Bond - Carlsbad Tract No. 72-34, Phases I, II, III, & IV, Rancho La Cuesta", dated June 30, 1976. (b) "Agreement for Construction of Water System to Serve Subdivision Lands and for Performance Bond - Carlsbad Tract No. 72-34, Offsite Water System - El Camino Real, Rancho La Cuesta", dated June 30, 1976. (c) "Agreement for Construction for Water System to Serve Subdivision Land and for Performance Bond - Carlsbad Tract No. 79-4 - Rancho La Cuesta - Unit No. 5", dated March 4, 1981. These agreements will hereinafter be referred to as "the related agreements." 2. DEVELOPER has requested and DISTRICT has agreed to the preparation and execution of this agreement for the reimbursement of certain amounts for specific intract "oversizing" of water system facilities pursuant to the rules and regulations of DISTRICT Ordinance No. 26. IT IS, THEREFORE, AGREED: 1. The DISTRICT will reimburse the subdivider for the difference in the costs between the sixteen inch (16") water main and a ten inch (10") water main for equivalent footage along Arenal Road from El Camino Real to an easement lying along the west lot line of Lot 35 (C.T. 79-4); along said easement-from Arenal Road to Lotus Court; along Lotus Court-from said easement to Manzanita Street; along Manzanita Street from Lotus Court to the northerly boundary line of Carlsbad Tract No. 79-4. Also, the difference in the costs between the fourteen inch (14") water main and a ten inch (10") water main for equivalent footage along Arenal Road-from an easement lying along the west lot of Lot 35 (C.T. 79-4), to the west end of Arenal Road. All of the above-described facilities are set forth in Exhibit "A" of this Agreement which sets forth the entire facilities. 2. The reimbursement shall be made pursuant to the following terms and conditions: (a) DISTRICT hereby establishes a "Benefit Area" of the facilities constructed as set forth in Exhibit "A" attached herewith and made a part hereof; DISTRICT has utilized all available records of the construction projects and calculated the total project cost which included construction costs and incidental project expenses. The total maximum payment DEVELOPER will be eligible for is $62,805.00. 3. Process of Reimbursement. DISTRICT has established a benefit area as set forth in Exhibit "A". This benefit area shall be assessed a "acreage" charge as set by DISTRICT at the time water service is provided to any property as shown on the map. The "acreage" charge was established by "comparison" construction costs of sixteen inch (16") and fourteen inch (14") versus ten inch (10") water mains as submitted by DEVELOPER and reviewed by DISTRICT. The DISTRICT has made the final determination as to the actual value for the cash payment to be made by the DISTRICT for oversizing. 4. Time of Reimbursement. There shall be no right of reimbursement or obligation of the DISTRICT'S to collect or disburse charges collected hereunder after the total time of ten r 9-/7-S7 (10) years after the date of project completion and acceptance by DISTRICT. Reimbursement to the DEVELOPER will be made from time to time as the acreage assessment is collected by DISTRICT. 5- Notices. All notices or other communications required or permitted under this Agreement shall be sent by registered or certified mail, return receipt requested, postage prepaid addressed as follows: To DEVELOPER Newport Shores Builders Drawer A Huntington Beach, CA 92648 To DISTRICT Thomas M. Brammell, General Manager Costa Real Municipal Water District 5950 El Camino Real Carlsbad, CA 92008 6. This Agreement shall inure to the benefit of, and the obligations created hereby shall be binding upon, the sucessors and assigns of the parties hereto. 1. The invalidity of illegality of any provision of this Agreement shall not be deemed to affect the validity of legality of any other provision of this Agreement. 8. This Agreement and any amendments hereto shall be governed by and construed and enforced in accordance with the laws of the State of California. 9. This Agreement sets forth the entire agreement and understanding of the parties with respect to the transactions comtemplated hereby, and supersedes all prior agreements, arrangements, and understandings relating to the subject matter hereof. 10. This Agreement may be amended, modified, superseded or cancelled, and any of the terms, covenants or conditions hereof may be waived, only by a written instrument executed by the parties hereto or in the case of a waiver, by the party waiving compliance. 11. If any action at law or in equity is necessary to enforce or interpret the terms of this Agreement, the prevailing party shall be entitled to reasonable attorney's fees, costs and necessary disbursements in addition to any other relief to which he may be entitled. IN WITNESS WHEREOF, this Agreement has been executed by Subdivider and on behalf of the District by the President of its Board of Directors on the day and year first above written. Date: COSTA REAL MUNICIPAL WATER DISTRICT By: in M. Haasl, President BcSard of Directors Date: NEWPORT SHORES BUILDERS By:__ Donald B. Ayres" , P'res.Tr CRMWD 84-102 EXHIBIT "A" REIMBURSEMENT AGREEMENT (//V TRACT} RANCHO LA QUESTA PHASES LEGEMP'- • ••• INDICATES !6" WATER MAIN. ••••• '/MOICATES 14" WATERM-4IM. MD1CATS5 SERVICE AREA IHDICATES AS5ieU£D UUM&ER. MD/CAT& PROPERTY LINE, \ Q~\ INDICATES | AREA kJO. MAPj PACIFIC R/M PHASeX CT.85-35 CMWO 34-102 September 3, 1987 F.J.W. RANCHO LA CUESTA REIMBURSEMENT AGREEMENT (UNITS 1-5) BASIS OF SPREAD 1. Total Amount to be Spread .... (See Packet A for Breakdown) $62,805.00 ** • 3. Zone RLM RM OS TS Per Table IA of Engineer's Report April 4, 1986 (Adjusted to Above Total Money & Acre Amounts) Acres 110 38 88 10 F.F. (GPM) 1750 2500 1750 3,000 GPM Max/Day/Ac 2.74 6.85 1.24 3.10 Benefit Per/Ac $232.58 342.63 231.89 379.50 Total Benefit $25,584.00 13,020.00 20,406.00 3,795.00 Total 246 Acres Total $62,805.00 4. Pacific Rim Benefit Area Based on Summary Table of Ten. Map (Includes Planning Areas 1, 3, 4, 5, 8, 9, 10, & 11) Remaining Acres/Per A.P.N. Pacific Rims Portion Remaining Acres in Benefit Area Plan Area (OS) 66.61 Acres 21.39 Acres Plan Area 3,4, & 8 (RLM) 55.50 Acres 54.50 Acres Plan Area 5 & 9 (RM) 34.20 Acres Plan Area 10 & 11 (TS) 10.00 Acres 3.80 Acres -0- Total Acres 166.31 = 246 Total Acres Total Remaining 79.69 Acres Assigned Assess- ment # 7) 2 7) T) 7) 7) Sub- Total Pac. Rim 2) Formula Cost/Acre $231.8864 Ttl Acrs. OS Por. (10.22) 2.74 $635.37 (22.61) 6.07 $1,407.55 (6.93) 1.86 $431.09 (20.00) 5.37 $1,245.23 (18.73 5.03 $1,166.39 (1.20) 0.32 $74.20 ($4,960.05) (79.69) (21.39) (166.31) 66.61 $15,445.95 (10.22 X )/ . _ \1 — — : — ) (79.69 21.39) 54.40 3.80 Cost/Acre $232.5818 RLM Por. 6.99 $1,625.75 15.46 $3595.71 4.74 $1,102.44 13.68 $3,181.72 12.81 $2,979.37 0.82 $190.72 ($12,675.71) (54.50) 55.50 $12,908.29 Cost/Acre $342.6316 RM Por. 0.49 $167.89 1.08 $370.04 0.33 $113.07 0.95 $325.50 0.89 $304.94 0.06 $20.56 ($1,302.00) (3.80) 34.20 $11,718.00 Total Cost TS Por. -0- -0- \$2,429.01 -0- -0- $5,373.30 -0- -0- $1,546.60 -0- -0- $4,752.45 -0- -0- $4,450.70 -0- -0- (+.22) $285.48 (-0-) S.T. ($18,937.54) (-0-) 10.00 $3,795.00 $43,867.24 (0.22 Dif f . ) Money Total $20,406.00 $25,584.00 $13,020.00 $3,795.00 $62,804.78 $62,805.00