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HomeMy WebLinkAboutT-4086 - Agreement/Covenant - 6/27/2006 (2) CENTRA TLE COMPANY AT.. ......MIN. PAST.. .10 : ...M MAR 2 91990 90035495 FRESNO COWL.V..AL!`Cmm!.� GALEN LARSON,county Recorder EE PLEASE CONFORM EP11 R- OR DER -------------------SPACE A$(��I R 003REDER-S E------------------- P.W. File No. 8835 Development Department UGM No. 343 City of Fresno STATEMENT OF COVENANTS FOR UGM PARK AND FIRE STATION FEES AND CREATION OF LIEN Tract No. 4086 Phase I of Tentative Tract No. 4086 RECITALS WHEREAS, THE LEE INVESTMENT COMPANY, 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, 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. 4086, consisting of One (1) lot; and WHEREAS, the 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 WHEREAS, all such instruments of Subordination, if any, are attached hereto and made a part of this instrument; 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 Covenant/Tract No. 4086/UGM 343 UGM Park and Fire Station Fees Page 2 Fresno Municipal Code in the estimated amount of Thirty-Eight Thousand Nine Hundred Thirty-Eight and 90/100 , Dollars ($38, 938 . 90) for the following : UGM Fire Station Fee Service Area No. 14 Zone District : R-2/UGM 7. 15 Gross Ac @ $2 , 056 .00/Ac - $14 , 700 .40 UGM Neighborhood Park Fee Service Area No. 5 Zone District: R-2/UGM 7. 15 Gross Ac @ $3 ,390 .00/Ac s $24 , 238 . 50 Total Estimated Amount $38, 938. 90 ; and WHEREAS, Covenantor desires to have a Final Tract Map No. 4086 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. COVENANTS, CONDITIONS. AND RESTRICTIONS For favorable action on, and approval of, the Covenantors 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. Such fees may be paid for individual parcels, if applicable. Covenant/Tract No . 4086/UGM 343 UGM Park and Fire Station Fees Page 3 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 . Covenant/Tract No . 4086/UGM 343 UGM Park and Fire Station Fees Page 4 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 contest 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: Me.`I &(- Accepted by: COVENANTOR CITY OF FRESNO THE LEE INVESTMENT COMPANY, a Municipal rpo ion a California Limited Partnership By Alvin Solis, Acting Director By Development Department Richard K. Ehrlich General Partner APPROVED AS TO FORM: HARVEY WALLACE City Attorney By Deputy (Attach Notary Acknowledgement) CAT.NO. NNO0630 r TO 1946 CA(9-84) (Partnership) J TICOR TITLE INSURANCE STATETEOF CAL O 1 COUNTY OF �ORNIA 11 2 krS j SS. On _ -L'CM before me, the undersigned, a Notary Public in and for said State,personally appeared YN j Y r Y _ personally known to me or proved to me on the basis of satisfactory evidence to be the person _ who executed the within instrument as of the partners of the partnership Cltlllltllltl111111Tllllllllllll111111IIIIITIIIIIIIITIIIIfIL s that executed the within instrument, and acknowledged _ OFFICIAL$EAL to me that such partnership executed the same. LYN J. TEUSCHER WITNESS my hand and official seal. — �' NOTARY PUBLIC-CALIFORNIA= LOS ANGELES COUNTY My Commission Expires August 27, 1993 SignatureC1111111i11111t111t1U1tt1111111111111111INIIIIIIIIIIIIIIIIG (This area for official notarial seal) Covenant/Tract No. 4086/UGM 343 UGM Park and Fire Station Fees Page 5 STATE OF CALIFORNIA ) ss. COUNTY OF FRESNO ) On this C- � ' day of � in the year , before me Y%-Zt�- (�.t.(� , personally appeared 6tu-,*-11 , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed this instrument as Acting Director of the Development Department and acknowledged to me that the City of Fresno executed it . JACQUELINE L. KYLE, CMC City Clerk By Deputy LR:mv 3821D578 r . EXHIBIT 'A' The Subject Property referred to in these Covenants is situated in the State of California, County of Fresno, and is described as follows : Lot 545 and the East 156 . 93 feet of Lot 544 of Bullard Lands Irrigated Subdivision No. 6, in the City of Fresno, County of Fresno, State of California, according to the map thereof recorded in Volume 8 pages 25 and 26 of Plats, Fresno County Records . LR:mv 3815D/578