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HomeMy WebLinkAboutT-3674 - Agreement/Covenant - 6/21/2006 (4) -------------------SPACE ABOVE FOR RECORDER' S USE------------------- Tract No. 3674 Development Department UGM No . 193 City of Fresno STATEMENT OF COVENANTS FOR UGM PARK AND FIRE STATION FEES AND CREATION OF LIEN (Tract No. 3674) RECITALS WHEREAS, LAND DYNAMICS, a California Corporation and LEE, ALDREDGE, AND BROWN, a General 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 , hereinafter referred to as "the Subject Property" and more particularly described as Parcels 1 and 2 of Parcel Map No . 4801, according to the map recorded in Book 30 Page 32 of Parcel Maps , Fresno County Records , said property being further subdivided by the final map of Tract No. 3674 , consisting of thirty-one (31) lots ; and WHEREAS, the Subject Property is subject to UGM Park and Fire Station fees pursuant to Sections 12-4 . 508 and 12-4 . 509 of the Fresno Municipal Code in the amount of approximately $5 , 626 .44 ; 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 and Fire Station 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, whichever occurs first . 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 : 1 . All UGM Park and Fire Station 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. 1 , 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: Accepted by: COVENANTOR CITY OF FRESNO LAND DYNAMICS a Municipal Corporation a California Corporation BY LGyF George A Kerber. Director By — Development Department ATTEST: %' f° FB JACQUELINE L. RYLE City Clerk ,� � � LEE, ALDREDGE, AND BROWN 1 { General h�a��e,rSRp BY Deput ,A P BY APPROVED AS TO FORM: `QqrED 01%• Joe H. L e. Ge eral Partner JAMES A. MCKELVEY City Attorney BY By% Deputy Jamey E. Aldredge, Gen�(era. Partne By �J Willie L. Brown, General Partner (Attach Notary Acknowledgement) GSA:ems 0046g/38