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HomeMy WebLinkAboutPM 2010-07 - Agreement/Covenant - 11/2/2016 (2) WHEN RECORDED MAIL TO: IIIIIIIIIIIII �II II IIII III I II 1111111 I IIII�II II IIII City Clerk FRESNO County Recorder City of Fresno Paul Dictos, C,P,A, Fresno Street Fres DOC— 2016-0150831 Fresno, CA 93721-3603 Acct 8004-Placer Title - Fresno ER Tuesday, NOV 01, 2016 08:00:00 Tt 1 Pd $99.00 Rcpt 4 0004647987 RGR/R4/3-15 NO FEE - Government Code 6103 CITY of FRESNO Development & Resource Management Department STATEMENT OF COVENANTS AFFECTING LAND DEVELOPMENT DEFERRING CERTAIN SEWER CONNECTION CHARGES, WATER CONNECTION CHARGES, URBAN GROWTH MANAGEMENT FEES, CITY-WIDE FEES AND DEVELOPMENT FEES TO THE TIME OF ISSUANCE OF CERTIFICATE OF OCCUPANCY AND CREATION OF LIEN FOR .PARCEL MAP NO. 2010-07, PHASE 1 OF VESTING TENTATIVE PARCEL MAP NO. 2010-07 Statement of Covenants Fee Deferral Parcel Map No. 2010-07 Page 2 RECITALS WHEREAS, FRESNO 40 LIMITED PARTNERSHIP LP, a California Limited Partnership, hereinafter referred to as the "Covenantor," is the owner of that certain real property in the City of Fresno, County of Fresno, State of California, hereafter referred to as the "Subject Property" and more particularly described as follows: Parcels A through P, inclusive, of Parcel Map No. 2010-07 according to the map thereof recorded in Book '73of Parcel Maps at Page(s) 7 7 - Bp Fresno County Records; and WHEREAS, Covenantor hereby warrants that any and all parties having record title interest in the Subject Property, which may ripen into a fee, have subordinated to this instrument and all such instruments of Subordination, if any, are attached hereto and made a part of this instrument; and WHEREAS, the conditions of approval of Vesting Tentative Parcel Map No. 2010-07(hereafter, "Project'), require the payment of applicable sewer connection charges,water connection charges, Urban Growth Management fees, City-wide Fees, Traffic Signal Charge and/orthe Millbrook Overlay Sewer fee (hereafter, "Fees") in accordance with the provisions of Chapters 9, 11, 12 and 14 of the Fresno Municipal Code, Resolution No. 95-117 and Resolution No. 95-118(hereafter, "Ordinances and Resolutions"); and WHEREAS, said Ordinances and Resolutions provide the Covenantorthe option to defer certain Fee obligations, more particularly identified in the attached Exhibit"A", to the time of issuance of a Certificate of Occupancy pursuant to the requirements of Section 12-4.604 of the Fresno Municipal Code; and WHEREAS, the Covenantor, as a condition of issuance of building permit(s) for the Project pursuant to the provisions of the latest edition of the Uniform Building Code as adopted by the State of California and as amended by the City of Fresno ("City"), including any subsequent extension and Statement of Covenants Fee Deferral Parcel Map No. 2010-07 Page 3 expiration of such permit and the re-issuance of a new building permit for any expired permit on any lot or parcel of the Subject Property, desires to defer the payment of the Fee obligations identified in Exhibit "A" pursuant to the requirements of said Section 12-4.604 until such time that the Covenantor or successors and assigns requests the issuance of a Certificate of Occupancy. COVENANTS, CONDITIONS, AND RESTRICTIONS NOW, THEREFORE, the Covenantor hereby covenants as follows: 1. For the express purpose of administering the fee deferral process,the Fee obligations for the Project may be prorated by the City to each lot, parcel, unit or building on the Subject Property in the manner established by the Development & Resource Management Director. The intent of this provision is to prorate the Fee obligations of common use areas, outlots, public street easements and similar miscellaneous areas of the Project in a reasonable manner to each lot, parcel, unit or building of the Project to facilitate reasonable administration of the fee deferral process. 2. At the sole discretion of the Development & Resource Management Director, when the proration of a Fee obligation is not feasible to be administered on a lot, parcel, unit or building basis, the Covenantor may be required to pay the total Fee obligation for such fee for the Project with the first request for issuance of a certificate of occupancy for the Project. 3. The Covenantor may elect to pay any of the deferred Fees prorated to each lot, parcel, unit or building as identified on the attached Exhibit "B", at any time after the recordation of this instrument. The Fee obligations stated in said Exhibit"B"shall be maintained by the Development& Resource Management Director and shall be adjusted to reflect the Fee rates in effect at the time payment is made, and may be adjusted to account for any subsequently approved reconfiguration to the size or number of lots, parcels, units or buildings. When Covenantor elects to pay one or more of the deferred Fees in advance of the request for issuance of a Certificate of Occupancy, the full Statement of Covenants Fee Deferral Parcel Map No. 2010-07 Page 4 amount of such Fee must be paid. The remaining unpaid deferred Fees for that lot, parcel, unit or building shall be paid in full at the time the Covenantor or successors and assigns requests the issuance of a Certificate of Occupancy. 4. The actual Fee obligations shall be recalculated by the City at the time of payment at the fee rates in effect at the time of such payment. a. For the purpose of fee recalculations,the fee credits applied in Exhibit"A"to establish Fee obligations shall not be adjusted during the effective term of this Statement of Covenant except as set forth in subsection "b", below. Any additional credits established after the recordation of this instrument shall be reimbursed in the manner established by the section of the Fresno Municipal Code relating to that specific Fee. b. Covenantor may receive designated fee credits from the City as offsets toward a UGM or development impact fee for construction of certain required infrastructure improvements either as a part of this Statement of Covenant or at some future date. Covenantor acknowledges and agrees any such fee credits are provided contingent upon the City accepting required infrastructure improvements completely installed by Covenantor. Until then, and notwithstanding any other provision, Covenantor expressly agrees Covenantor has no right to any portion of any fee credit and the Director of Public Works for the City, in the Director's sole discretion, may unilaterally amend this Agreement effective upon mailed notice to Covenantor to adjust(including adding, reducing or removing)credits at any time prior to acceptance of all required infrastructure improvements by City. Upon adjustment, Covenantor shall pay in full any UGM or development impact fees, due from modification of the fee credit, prior to approval of the parcel map or as may be deferred by a this Statement of Covenants or applicable fee deferral covenant. If the parcel map has already been approved and there is no applicable fee deferral covenant, all such fees shall be promptly paid by Covenantor. The City may enforce recovery of such fees in any manner Statement of Covenants Fee Deferral Parcel Map No. 2010-07 Page 5 available at law or in equity, including but not limited to private foreclosure and sale of the property in the manner provided in Section 2924 of the California Civil Code or successor statute. 5. Additional new fee obligations not listed on Exhibit "A", but in effect at the time the Covenantor or successors and assigns requests the issuance of a Certificate of Occupancy,will be applicable to this Project if such new fee(s) is/are duly established by the City Council in accordance with Government Code Section 66498.1. 6. At the sole discretion of the Development & Resource Management Director, a request for "temporary utility connection" or a "temporary or safe to occupy" may be made subject to the provision of an additional cash security deposit representing a portion or all of the deferred Fee amounts. 7. Notwithstanding any of the above payment times,the maximum period for deferment of Fees for a lot, parcel, unit or building shall be limited to a period of one (1) year after final inspection of a building. This time period approximates with the Uniform Building Code and Fresno Municipal Code period which provides for an active permit life of 180 days, after last inspection, with provisions for one (1) extension of said permit, not to exceed a period of 180 days. 8. Covenantor hereby waives any claim that the provisions of this Statement of Covenant violate Government Code Section 65961. 9. Each of the covenants, conditions, and restrictions contained in this Statement of Covenant shall run with the Subject Property and shall be binding upon each successive owner of the Subject Property, heirs, representatives, successors and assignees. The Covenantor hereby creates a lien upon the Subject Property to guarantee the performance of the obligations of the Covenantor contained in this Statement of Covenant. 10. The conditions of this Statement of Covenant are intended to benefit the public and public properties. Accordingly, the City shall have the right to enforce this Statement of Covenant by any legal or equitable means. All obligations of the Covenantor in this Statement of Covenant shall inure Statement of Covenants Fee Deferral Parcel Map No. 2010-07 Page 6 solely to the benefit of the City. There are no third party beneficiaries of said obligations nor shall the right of the City be transferable in any manner to any person other than to a successor municipal corporation whose geographic boundaries include the Subject Property. 11. If either party is required to commence any proceeding or legal action to enforce or interpret any term or condition of this Statement of Covenant, the prevailing party in such proceeding or action shall be entitled to recover from the other party its reasonable attorney's fees and legal expenses. For the purposes of this Statement of Covenant, "attorneys'fees" and "legal expenses" include, without limitation, paralegals' fees and expenses, attorneys, consultants fees and expenses, expert witness fees and expenses, and all other expenses incurred by the prevailing party's attorneys in the course of the representation of the prevailing party in anticipation of and/or during the course of litigation,whether or not otherwise recoverable as"attorneys'fees"or as"costs" under California law, and the same may be sought and awarded in accordance with California procedure as pertaining to an award of contractual attorneys' fees. 12. The waiver by either party of a breach by the other of any provision of this Statement of Covenant shall not constitute a continuing waiver or a waiver of any subsequent breach of eitherthe same or a different provision of this Statement of Covenant. No provisions of this Statement of Covenant may be waived unless in writing and signed by all parties to this Covenant. Waiver of any one provision herein shall not be deemed to be a waiver of any other provision herein. 13. The conditions and obligations of this Statement of Covenant, for each lot or parcel of the Subject Property, shall be of no further force and effect upon satisfaction of the Fee obligations for such lot or parcel. 14. The conditions and obligations of this Statement of Covenant shall remain in full force and effect until such time as the Fee obligations for all lots, parcels, units or buildings of the Project on the Subject Property are fully satisfied. 15. The provisions of this Statement of Covenant shall be deemed independent and severable and the invalidity or partial invalidity or unenforceability of any one provision or portion thereof shall Statement of Covenants Fee Deferral Parcel Map No. 2010-07 Page 7 not affect the validity or enforceability of any other provision hereof. Whenever the context of the Statement of Covenant so requires, in interpreting this Statement of Covenant, any gender includes the other genders, the singular includes the plural, and the plural includes the singular. Statement of Covenants Fee Deferral Parcel Map No. 2010-07 Page 8 p. DATED: �UN r Z 0 24 t& CITY OF FRESNO, COVENANTOR a Municipal Corporation FRESNO 40 LIMITED PARTNERSHIP, LP Development & Resource A California Limited Partnership Management Department By: DEWAYNE ZINKIN FAMILY Jennifer K. Clark, Director PARTNERSHIP, LP A California Limited Partnership Its Sole General Partner By: 6� By: ZINKIN MANAGEMENT, LLC JenWiark, Director A California Limited Liability Company Its Sole General Partner By: APPROVED AS TO FORM: DeWayne Z' in, its le Manager DOUGLAS T. SLOAN City Attorney By: Ma aterman-Doidge puty City Attorney Date:_ (�/ !b� (v 11(a (Attach Notary Acknowledgments) ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Fresno ) On March 18, 2016 before me, Mary K. Copeland, Notary Public (insert name and title of the officer) personally appeared DeWayne Zinkin who proved to me on the basis of satisfactory evidence to be the person(a'jwhose name( is/are subscribed to the within instrument and acknowledged to me that he/s#e4hey executed the same in his/mfr authorized capacity(4es), and that by his/hefA4eir signature(s) on the instrument the person(s)—, or the entity upon behalf of which the persoa(a�racted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. MARY K. COPELAND WITNESS my hand and official seal. Q Commission # 1979989 Notary Public -California z Fresno County D My Comm.Expires Jun 24,2016 Signa "re (Seal) A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that CLERK'S CERTIFICATION State of California ) County of Fresno ) On June 28, 2016 before me, Cindy J. Bruer, Deputy City Clerk, personally appeared, Jennifer K. Clark, Development and Resource Management Director of the City of Fresno , who 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 which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal YVONNE SPENCE, CMC City Clerk, City of Fresno 1{of f RFS By Arco a�j' SUBORDINATION The undersigned as holder of the beneficial interest in and under that certain Deed of Trust recorded on September 26 2003, in the office of the Fresno County Recorder as Document No. 2003-0233881, of which the Deed of Trust in by and between: Zinkin-Santa Monica, LLC a California limited liability company, as Trustor, Financial Title Company, as Trustee, and Housing Capital Company, a Minnesota Partnership, as Beneficiary, hereby expressly subordinates said Deed of Trust and its beneficial interest thereto to the foregoing Statement of Covenants Affecting Land Development for Deferring Certain Sewer Connection Charges, Water Connection Charges, Urban Growth Management Fees, city-wide Fees and Development Fees to the Time of Issuance of Certificate of Occupancy and Creation of Lien for Parcel Map No. 2010-07, Phase 1 of Vesting Tentative Parcel Map no. 2010-07. DATED: March 2016 BENEFICIARY U.S. Bank, a National Association, Successor in interest to Housing Capital Comp innes-o/ta Partnership By: w Name: Thomas G. Walker Title: Senior Vice President (Beneficiary to print/type document information, Name,Title and attach Notary Acknowledgment) \\ ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Fresno ) On March 18, 2016 before me, Mary K. Copeland, notary public (insert name and title of the officer) personally appeared Thomas G. Walker who proved to me on the basis of satisfactory evidence to be the person(s) whose name($) is/af-e subscribed to the within instrument and acknowledged to me that he/mer executed the same in hisAeFA4ei-authorized ca acit p y0e-&};and that by Is slgnatur on the Instrument the person(*,, or the entity upon behalf of which the person(s)-acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. MARY K.COPELAND WITNESS my hand and official seal. Commission# 1979989 i •� ; _ Notary Public-California z Fresno County D My Comm.Expires Jun 24,2016 Sig tur (Seal) EXHIBIT "A" DEFERRED FEES AND ESTIMATED FEE OBLIGATIONS FOR PARCEL MAP 2010-07 Project Zoning: C-2/UGM/cz, C-P/UGM/cz I. WATER CONNECTION CHARGES A. Service Connections (flat rate cost basis only) =inch Services @ $_/Service = $ N/A B. UGM Transmission Grid Main (TGM) Charge 25.5612 Gross Acres @ $643.00/ac. _ $ A.D. 100 C. Transmission Grid Main Bond Debt Service Charge For Parcels Under 5 Gross Acres 25.5612 Gross Acres @ $243.00/ac. _ $ 6,211.37 Less amount paid with Building Permits = $ 1,784.45 Less amount due with Subdivision Agreement = $ 221.27 Estimated Net Deferred TGM Bond Debt Service Charge = $ 4,205.65 D. Frontage Fee 2,995 Lineal Feet @ $ 6.50/LF = $ A.D. 100 E. 1994 Bond Debt Service Fee 101 1994 Bond Debt Service Area. 123 Living Unit Equivalents @ $895.00/Unit = $110,085.00 Less amount paid with Building Permits = $ 37,590.00 Less amount due with Subdivision Agreement = $ 5,370.00 Estimated Net Deferred TGM Bond Debt Service Charge = $ 67,125.00 F. The following water connection charges are not deferrable or prorated under the terms of this covenant: 1. Service Connections for common, landscape and other miscellaneous areas, and Time & Materials cost basis 2. Meters for common, landscape and other miscellaneous areas, and Time & Materials cost basis 3. UGM Water Supply Fee 4. Wellhead Treatment Fee 5. Recharge Fee II. SEWER CONNECTION CHARGES & SEWER RELATED CHARGES A. UGM Oversize Sewer Charge 246,000 Square Feet @ $0.05/ Sq. Ft. = $ A.D. 100 B. Lateral Sewer Charge 312,000 Square Feet @ $0.10/ Sq. Ft. = $ A.D. 100 C. Housebranch Sewer Charge = $ N/A D. Millbrook Sewer Overlay Net Adj Gross Ac @ $ /NAA = $ N/A E. The following sewer connection charges are not deferrable under the terms of this covenant: 1. Trunk Sewer Charge 2. Wastewater Facilities Sewer Charge III. CITYWIDE IMPACT FEES A. Traffic Signal Charge - Average Daily Trips @ $47.12 /,ADT = $ Due (a? Building Permit" Average Daily Trip count to be determined at time of Development B. The following charges are not deferrable under the terms of this covenant: 1. Citywide Fire Facilities Impact Fee (Due @ Occupancy- Reso. 05-429) 2. Citywide Park Facility Impact Fee (Due @ Occupancy-Reso. 05-427) 3. Citywide Police Facilities Impact Fee(Due @ Occupancy- Reso. 05-428) 4. Citywide Regional Street Impact Fee(Due @ Building Permit-Reso. 07-291) 5. Citywide New Growth Major Street Impact Fee (Due @ Building Permit-Reso. 07-291) document:\wp51\deferraAPM2010-07exhibitA March 4,2016 EXHIBIT "B" -- PRORATED FEE OBLIGATIONS PM No. 2010-07 Sewer, Water, UGM & Citywide Fees DUE / DEFERRED BY COVENANT Water Water 1994 Regional Lot Lot T.G.M. Bond Debt Street No. Area Amount Amount Amount Due Due Due A 46192 $821.88 $5,370.00 $21,455.07 B 34758 $618.44 $3,580.00 $16,143.91 C 56455 paid paid paid D 16513 $293.79 $1,790.00 $7,670.33 E 52223 paid paid paid F 92683 $1,649.10 $8,950.00 $43,049.75 G 51550 $917.24 $6,265.00 $23,943.73 H 57003 paid paid paid 1 44339 $788.90 $4,475.00 $20,595.17 J 40356 $718.04 $4,475.00 $18,743.85 K 43711 $777.71 $4,475.00 $20,303.82 L 137539 $2,447.19 $15,215.00 $63,885.70 M 34134 $607.31 $3,580.00 $15,854.58 N 132604 paid paid paid O 41870 $744.98 $4,475.00 $19,447.96 P 41809 $743.89 11 $4,475.00 $19,419.63 document:\q\print\h 03-Mar-16