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HomeMy WebLinkAboutT-3656 - Agreement/Covenant - 6/21/2006 (3) Recorrlfn0 requested by C,.y C':rk,Fiesno,Caflfomfe No Fc--Cort.Code 6103 if itoturn to City Clerk,Fresno -------------------SPACE ABOVE FOR RECORDER ' S USE------------------- Tract No . 3656 Development Department UGM No . 185 City of Fresno STATEMENT OF COVENANTS FOR UGM PARK FEES AND CREATION OF LIEN (Tract No . 3656) RECITALS WHEREAS, PRESIDIO SAVINGS AND LOAN ASSOCIATION, 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, hereinafter referred to as "the Subject Property" and more particularly described in attached Exhibit "A" , said property being further subdivided by the final map of Tract No . 3656, consisting of One Hundred Fourteen ( 114) lots; and WHEREAS, the Subject Property is subject to UGM Park fees pursuant to Section 12-4 . 509 of the Fresno Municipal Code in the amount of approximately $25, 580.46; and WHEREAS, Covenantor desires to have a Final Tract Map subdividing the Subject Property approved by the City of Fresno; and WHEREAS, Covenantor desires to defer payment of the UGM Park fees until such time that the issuance of building permits is requested by the Covenantor or his successors and assigns for such construction, or until all or part of the Subject Property is sold . COVENANTS CONDITIONS AND RESTRICTIONS For favorable action on, and approval of , the Covenantor ' s Final Tract Map upon the Subject Property, as referred to hereinabove, Covenantor hereby covenants as follows: r 1 . All UGM Park fees attributable to development of Subject Property shall be paid prior to the issuance by the City of Building Permits for structures to be built upon the Subject Property. or upon the close of escrow for the sale , lease, or transfer of any of the Subject Property, whichever occurs first . Such fees may be paid for individual parcels , if applicable. 2 . The UGM fees due shall be calculated by the City at the time of their payment, and shall be those amounts most recently established by the Council . 3 • Covenantor hereby waives any and all rights he may have pursuant to Government Code Section 65961 . Each of the covenants , conditions, and restrictions contained in this Statement shall run with the Subject Property and shall be binding upon each successive owner of the Subject Property, his 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 . The conditions of this Statement are intended to benefit the public and public properties . Accordingly, the City of Fresno shall have the right to enforce this Statement by any legal or equitable means . All obligations of the Covenantor in this Statement shall inure solely to the benefit of the City of Fresno . There are no third party beneficiaries of said obligations nor shall the right of the City of Fresno be transferrable in any manner to any person other than to a successor municipal corporation whose geographic boundaries include the Subject Property. The conditions and obligations of this Statement shall remain in full force and effect until such time as the Director of the Development Department of the City of Fresno issues a written release of such conditions and obligations . -2- The provisions of this Statement shall be deemed independent and severable and the invalidity or partial invalidity or unenforceability of any one provision or portion thereof shall not affect the validity or enforceability of any one provisions hereof . Whenever the context of the Statement so requires , in interpreting this Statement, any gender includes the other genders , the singular includes the plural , and the plural includes the singular . DATED: November 14, 1984 Accepted by: COVENANTOR CITY OF FRESNO PRESIDIO SAVINGS AND LOAN ASSOCIATION, a Municipal Corporation a California Corporation BY c BY George A. Kerber, Director JESSE G . DIAZ Development Department VICE PRESIDENT - DEVELOPMENT By ATTEST: JACQUELINE L. RYLE By City Clerk Urbano C. Anaya, IIS VP/Finance By X�4.A zt�z Deputy APPROVED AS TO FORM: JAMES A. McKELVEY City Attorney Byh Deputy (Attach Notary Acknowledgement) GSA:dr 8325G/170 RECON 1 osq (Corporation) t ►IPRESIDIO�,��o��.�,5, SAUING5 STATE OF CALIFORNIA COUNTY OF Tulare } ss. on November 14, 1984 1 before me, the undersigned, a Notary Public in and for said State,personally appeared Je S S e G_ Dia 7 , known to me to be the-SLP/Development 8reaid", and X known to me to be Secretary _�_ of thecorporation corporation that executed the within Instrument, RECON-1 (Corporation) ► PR SIDIUSPUINGS STATE OF CALIFORNIA flNO LOA"''ssx COUNTY OF TI t 1 a r_ I SS. On___DecemLer 13. 1984 State,personally appeared _before me, the undersigned, a Notary Public in and for said 1 Urbano C Anaya, I T I I known to me to be the.. i nanrP —XEIFIf d�6t, and W , W nown to me to be Secretary I of the corporation that executed the within Instrument, W known to me to be the persons who executed the within F Instrument on behalf of the corporation therein named, and N acknowledged to me that such corporation executed the within instrument pursuant to its by-laws or a resolution of OFFICIAL SEAL its board of directors. RAOUEL REDMON • NOTARY PUBLIC•CALIFORNIA WITNESS my ha d official seal. TULARE 0011NIY My aomm. m im LWl?.1►19=0 Signature T—r%�•T EXHIBIT "A" LEGAL DESCRIPTION Lots 83 and 84 of Perrin Colony No. 2 , in the City of Fresno, County of Fresno, California, according to the amended map thereof recorded in Volume 4 of Plats at Page 68 , Fresno County Records. Tract 3656