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HomeMy WebLinkAboutT-5067 - Agreement/Covenant - 2/10/2005 .T r {/)- • Recording Reruestod by IIII III III I III II IN 11111111111111111111111111111 City Clerk, Fresno, California FRESNO County Recorder No Fee-cost. Code 6103 Robert C, Werner Return to City Clerk, Fresno D0�_ 2004_0083341 Acct 2-Chicago Title Company Friday, APR 16, 2004 08:00:00 Tt! Pd $0.00 Nbr-0001450729 rgr/R7/1-26 City of MC�Ikll w�, ilrZium IF PUBLIC WORKS DEPARTMENT 2600 Fresno Street Fresno, California 93721-3616 (559) 621-8650 P.W. File No. 10596 SUBDIVISION AGREEMENT FOR TRACT NO. 5067 Includes "ADDENDUM TO THE SUBDIVISION AGREEMENT" FOR RIGHT-OF-WAY ACQUISITION Subdivision Agreement Tract No. 5067 Page 2 IL THIS AGREEMENT is made this 3C-V day of %16 e-k ,2004, by and between the City of Fresno, a Municipal Corporation, hereinafter designated and called the "City," and BH 5067 L.P., a California Limited Partnership, 2109 West Bullard, Suite 133, Fresno, California 93711, hereinafter designated and called the "Subdivider,"without regard for number or Gender. RECITALS A. The Subdivider has presented to the City a certain final map of a proposed subdivision of land owned by the Subdivider and located within the corporate limits of the City known and described as Tract No. 5067 (hereinafter referred to as the "Final Map" and incorporated into this agreement by this reference) and has requested the City to accept the dedications delineated and shown on the Final Map for the use and purposes specified thereon, and to otherwise approve the Final Map in order that the same may be recorded, as required by law. B. The City requires, as a condition precedent to the acceptance and approval of the Final Map, the dedication of such streets, highways and public places and easements as are delineated and shown on the Final Map, and deems the same as necessary for the public use, and also requires that any and all streets delineated and shown on the Final Map shall be improved by the construction and the installation of the improvements hereinafter specified. C. Section 12-1012 of the Municipal Code of the City of Fresno requires the Subdivider to enter into this Agreement with the City whereby Subdivider agrees to do, perform and complete the work and matters required as Conditions of Approval for Vesting Tentative Map No.5067/UGM Subdivision Agreement Tract No. 5067 Page 3 dated July 9, 2002 issued by the City and any amendments thereto (hereinafter referred to as "Conditions of Approval"and incorporated into this agreement by this reference), hereinafter set forth in detail, within the time hereinafter mentioned, in consideration of the acceptance of the offers of dedication by the City of Fresno. D. The Subdivider desires to construct the improvements and develop the subdivision. E. The Subdivider hereby warrants that any and all parties having record title interest in the Final Map which may ripen into a fee have subordinated to this instrument and that all such instruments of subordination, if any, are attached hereto and made a part of this instrument. AGREEMENT In consideration of the acceptance of the offers of dedication of the streets, highways, public ways, easements and facilities as shown and delineated on the Final Map, and in consideration of finding of substantial compliance with said tentative map, it is mutually agreed and understood by and between the Subdivider and the City, and the Subdivider and the City do hereby mutually agree as follows: 1. The Subdivision is subject to the following: a. The work and improvements shall be performed hereinafter specified on or before April 30, 2006, except as noted in (b), (c), and (d) listed below. b. The Sidewalk and driveway approach construction for the interior lots of the subdivision shall be completed on or before April 30, 2009, (The developer may submit a written request to the Public Works Director for an extension of time to complete the construction of the sidewalk and driveway approaches). C. The Street Trees required for each lot shall be planted upon occupancy of each lot. The Subdivider shall notify the City Parks, Recreation and Community Services Department-Parks Division of the planting schedules. All species of Street Trees to be planted in the subdivision shall be as C Subdivision Agreement Tract No. 5067 Page 4 approved by the Parks Division. The responsibility to provide and plant, or to inspect the required Street Tree planting, shall be in accordance with the Street Trees fees paid in EXHIBIT"B,"attached hereto and made a part of this Agreement and/or the "Statement of Covenants Affecting Land Development to Plant and Maintain Front Yard Trees for Tract No. 5067," per Resolution No. 98-129 requirements for 50 and 54-foot local street patterns. d. The Issuance of building permits for any structure within the subdivision shall conform to the requirements of the prevailing Uniform Fire Code (UFC). The Subdivider's attention is particularly called to Part III, Article 9 of UFC relating to Fire Department access and water supply. No building permit shall be issued until all Fire Department access and fire fighting water supply requirements have been met. No occupancy permit shall be issued until all Fire Department requirements for occupancy have been met. The issuance of any occupancy permits by the City for dwellings located within said subdivision shall not be construed in any manner to constitute an acceptance and approval of any or all of the streets and improvements in the subdivision. e. No certificates of occupancy will be issued nor any human occupancy allowed for any building on any lot of the subdivision until permanent sanitary sewer and water service is determined to exist by the Director of Public Utilities Department. f. When a delay occurs due to unforeseen causes beyond the control and without the fault or negligence of the Subdivider, the time of completion may be extended for a period justified by the effect of such delay on the completion of the work. The Subdivider shall file a written request for a time extension with the Director of Public Works prior to the above noted date, who shall ascertain the facts and determine the extent of justifiable delays, if any. Extension of time for completion of improvements(including street trees planting) may be granted by the Public Works Director with an extension fee from the current Master Fee Schedule based upon the initial estimated total improvement cost. The Director of Public Works shall give the Subdivider written notice of his determination in writing, which shall be final and conclusive. 2. The work and improvements, more specifically shown on the referenced plans and made a part hereof, shall be done in accordance with the construction standards contained in the C Subdivision Agreement Tract No. 5067 Page 5 2002 Edition of the City of Fresno Standard Specifications and Drawings(City Council Resolution No. 70-36 and Resolution No. 84-361) and any amendments thereto, (hereinafter referred to as "Public Works Standards") at the sole cost and expense of the Subdivider including all costs of engineering, inspection and testing. 3. The work and improvements are as follows: a. Construct all landmarks,monuments and lot corners required to locate land divisions shown on the Final Map. Pursuant to Section 66497 of the State Subdivision Map Act, prior to the City's final acceptance of the subdivision and release of securities, the Subdivider shall submit evidence to the City of Fresno of payment and receipt thereof by the Subdivider's engineer or surveyor for the final setting of all monuments required in the subdivision. b. All utility systems shall be installed underground. Subdivider's attention is directed to the installation of street lights in accordance with Resolution No. 78-522 or any amendments or modifications which may be adopted by Council prior to the actual installation of the lights. The Subdivider shall construct a complete underground street light system as approved by the City Engineer prior to final acceptance of the subdivision. Height, type, spacing, etc. of standards and luminaires shall be in accordance with Resolution Nos. 78-522 and 88-229 or any amendments or modifications which may be adopted by Council prior to the actual installation of the lights and shall be approved by the City Engineer. C. Water main extensions and services shall be provided in accordance with applicable provisions of Chapter 14, Article 1 of the Fresno Municipal Code and all applicable charges shall apply. d. Sanitary sewer extensions and services shall be provided in accordance with applicable provisions of Chapter 9, Article 5 of the Fresno Municipal Code and all applicable charges shall apply. e. Lot drainage shall be in accordance with Section 13-120.3315 of the Fresno Municipal Code. f. All "Dead-End" Streets created by this subdivision shall be barricaded in accordance with Public Works Standards within seven(7)days from the time said streets Subdivision Agreement Tract No. 5067 Page 6 are surfaced, or as directed by the City Engineer. g. Any temporary storm water retention basins constructed or enlarged to serve this tract shall be fenced in accordance with Public Works Standards within seven (7)days from the time said basins become operational,or as directed by the City Engineer. h. Wet-Ties shall be in accordance Sections 14-107 and 14-111 of the Fresno Municipal Code. The amounts identified below as "Wet-Tie Charges" are estimates only and serve as a deposit to cover the actual cost of construction. Should the actual construction cost be less than the deposit, the Subdivider shall be refunded the excess. Should the actual construction cost be greater than the deposit, the Subdivider shall be billed by the City of Fresno for the difference and shall be directly responsible for payment. i. The Subdivider shall install the fencingtwalls, landscaping and irrigation system, in accordance with the approved improvement plans (i.e., Landscape and Irrigation Plans, Grading Plans), within the Landscape Easement area required in the Conditions of Approval and delineated on the Final Map. The Subdivider has elected to satisfy Subdivider's obligation to maintain the landscaping and irrigation systems within certain landscape easement area by agreeing to annex the Subdivision into the City's Community Facilities District No. 2 (CFD-2) and agreeing to maintain such landscaping and irrigation systems pursuant to a covenant until the Subdivision is duly annexed into the CFD-2 and such CFD-2 is responsible for the maintenance thereafter. The Subdivider shall provide each prospective purchaser, a Notice of Special Tax in accordance with the provisions of Section 53341.5 of the California Government Code. The improvement plans for such landscaping and irrigation system shall be prepared by a licensed Landscape Architect, certified irrigation designer or other persons with landscaping and irrigation design expertise acceptable to the Planning and Development Director. j. Perform and construct all work shown on the following construction plans and any amendments thereto : i. City Drawing Nos:[10-C-8498 through 10C-8510with WaterJob No. 4948(13 sheets)inclusive, 15-C-11563 through 15-C-11578(16 sheets)inclusive, Drawing No. 4-C-754 through 4-C-756 (3 sheets) inclusive], unless specifically omitted herein. ii. Fresno Metropolitan Flood Control District Drawing Nos: CZ-41-1 through CZ-41-6 (6 sheets) inclusive, unless specifically omitted herein. Subdivision Agreement Tract No. 5067 Page 7 Install and complete all other street improvements required by Section 12-1012 of the Fresno Municipal Code in accordance with the Public Works Standards and the construction plans. k. Prior to approval of the Final Map by the City, the Subdivider shall pay to the City and/or execute a covenant to defer certain impact fees due which are eligible to be deferred by relevant FMC provisions,the total fees and charges due as a condition of Final Map approval. The total fees and charges are more particularly itemized and made a part of this agreement in the attached Exhibit"B." I. In connection with assigning figures set forth in Exhibits"A"and"B,°the City has made its best faith efforts at predicting the amounts to be credited as reimbursements for improvements that will benefit other properties. Because the subject improvements have not been completed at the time of execution of this agreement, the actual cost of construction is not yet known. Some degree of reasonable estimation is incorporated into the calculations. Subdivider agrees that these figures represent City's best estimates only and that they are subject to fluctuation following calculation of actual construction costs after improvement completion and acceptance. It is further subject to Subdivider's submission and City review of a financial accounting which sets forth those actual costs, and the application, by City, of all relevant Fresno Municipal Code provisions which relate to the Subdivider's payment of fees and reimbursement thereto. This would include any pertinent provisions contained within City's Master Fee Schedule which would also apply to the payment of fees or reimbursements . 4. It is agreed that the City shall inspect all work. All of the work and improvements and materials shall be done, performed and installed in strict accordance with the approved construction plans for said work on file with the City Engineer and the Public Works Standards, which said construction plans and Public Works Standards are hereby referred to and adopted and made a part of this Agreement. In case there are not any Public Works Standards for any of said work, it is agreed that the same shall be done and performed in accordance with the standards and specifications of the State of California, Division of Highways. All of said work and improvements and materials shall be done, performed and installed under the inspection of and to the satisfaction of the City Engineer. i Subdivision Agreement Tract No. 5067 Page 8 5. Prior to the approval by the Fresno City Council of the Final Map, the Subdivider shall furnish to the City the following improvement securities in the amounts more particularly itemized in Exhibit A. Bonds shall be by one or more duly authorized corporate sureties licenced to do business in California subject to the approval of the City and on forms furnished by the City. a. PERFORMANCE SECURITY. Total amount to equal to 100% of the Final Cost Estimated to be conditioned upon the faithful performance of this Agreement. L 95% of the final Cost Estimate shall be in the form of a bond or irrevocable instrument of credit; and ii. 5% of the final Cost Estimate shall be in cash or a certificate of deposit. b. PAYMENT SECURITY. Total amount to equal to 50% of the Final Cost Estimated to secure payment to all contractors and subcontractors performing work on said improvements and all persons furnishing labor, materials or equipment to them for said improvements. Payment Security shall be in the form of a bond or irrevocable instrument of credit. C. Any and all other improvement security as required by Section 12-1016 of the Fresno Municipal Code. 6. On acceptance of the required work by the City Engineer, a warranty security shall be furnished to or retained by the City, in the minimum amount identified in said Exhibit A, for guarantee and warranty of the work for a period of one(1)year following acceptance against any defective work or labor done or defective materials furnished. In accordance with Section 12-1016 of the Fresno Municipal Code, said warranty security shall be in the form of cash or a Certificate of Deposit. The warranty security shall be returned to the Subdivider, less any amount required to be used for fulfillment of the warranty one (1) year after final acceptance of the subdivision improvement. 7. This Agreement shall in no way be construed as a grant by the City of any rights Subdivision Agreement Tract No. 5067 Page 9 to the Subdivider to trespass upon land rightfully in the possession of, or owned by, another, whether such land be privately or publicly owned. 8. The City shall not be liable to the Subdivider or to any other person, firm or corporation whatsoever, for any injury or damage that may result to any person or property by or from any cause whatsoever in, on or about the subdivision of said land covered by this Agreement,or any part thereof. The Subdivider hereby releases and agrees to indemnify,defend, and save the City harmless from and against any and all injuries to and deaths of persons, and all claims, demands, costs, loss, damage and liability, howsoever same may be caused, resulting directly or indirectly from the performance of any or all work to be done in and upon the street rights-of-way in said subdivision and upon the premises adjacent thereto pursuant to this Agreement, and also from all injuries to and deaths of persons, and all claims, demands, costs, loss, damage and liability, howsoever same may be caused, either directly or indirectly made or suffered by the Subdivider, the Subdividers agents, employees and subcontractors, while engaged in the performance of said work. The Subdivider further agrees that the use for any purpose and by any person of any and all of the streets and improvements hereinbefore specified, shall be at the sole and exclusive risk of the Subdivider at all times prior to final acceptance by the City of the completed street and other improvements thereon and therein. 9. The Subdivider shall remedy any defective work or labor or any defective materials and pay for any damage to other work resulting therefrom which shall occur within a period of one (1) year from the date of acceptance of the work. 10. The Subdivider and his subcontractors shall pay for any materials, provisions, and other supplies used in,upon,for,or about the performance of the work contracted to be done, and for any work or labor thereon of any kind, and for amounts due under the Unemployment Subdivision Agreement Tract No. 5067 Page 10 Insurance Act of the State of California, with respect to such work or labor, and shall file with the City pursuant to Section 3800 of the Labor Code, a Certificate of Workers' Compensation and shall maintain a valid policy of Workers' Compensation Insurance for the duration of the period of construction. 11. Initial soils compaction testing for public utility improvement work within the right-of-way shall be ordered by and paid for by the City of Fresno. Public utility improvements shall include street surface improvements, sanitary and storm sewers, City water facilities and irrigation lines. All other compaction testing for private utility installations shall be paid for by the Subdivider or his agent. Compaction testing performed for determination of compliance with Public Works Standards shall at all times remain under the control and direction of the City Engineer who shall determine locations and depths to be tested. Any compaction tests failing to meet the City's requirements shall be reordered by the City and paid for by the Subdivider or his agent. Billing for the private utility tests and any required retesting due to failures shall be made directly to the Subdivider or his agent. 12. The Subdivider shall comply with Street, Plumbing, Building, Electrical, Zoning Codes and any other codes of the City of Fresno. 13. It shall be the responsibility of the Subdivider to coordinate all work done by his contractors and subcontractors, such as scheduling the sequence of operations and the determination of liability if one operation delays another. In no case shall representatives of the City of Fresno be placed in the position of making decisions that are the responsibility of the Subdivider. It shall further be the responsibility of the Subdivider to give the City Engineer written notice not less than two (2) working days in advance of the actual date on which work is to be started. Failure on the part of the Subdivider to notify the City Engineer may cause delay for Subdivision Agreement Tract No. 5067 Page 11 which the Subdivider shall be solely responsible. 14. Whenever the Subdivider varies the period during which work is carried on each day, he shall give due notice to the City Engineer so that proper inspection may be provided. If Subdivider fails to duly notify City as herein required, any work done in the absence of the Engineer will be subject to rejection. The inspection of the work shall not relieve the Subdivider of any of his obligations to fulfill the Agreement as prescribed. Defective work shall be made good, and unsuitable materials may be rejected, notwithstanding the fact that such defective work and unsuitable materials have been previously overlooked by the Engineer or Inspector and accepted. 15. Any damage to the sewer system, concrete work or street paving that occurs after installation shall be made good to the satisfaction of the City Engineer by the Subdivider before release of bond, or final acceptance of completed work. 16. Adequate dust control shall be maintained by the Subdivider on all streets within and without the subdivision on which work is required to be done under this Agreement from the time work is first commenced in the subdivision until the paving of the streets is completed. "Adequate dust control" as used herein shall mean the sprinkling of the streets with water or the laying of an approved dust palliative thereon with sufficient frequency to prevent the scattering of dust by wind or the activity of vehicles and equipment onto any street area or private property adjacent to the subdivision. Whenever in the opinion of the City Engineer adequate dust control is not being maintained on any street or streets as required by this paragraph, the City Engineer shall give notice to the Subdivider to comply with the provisions of this paragraph forthwith. Such notice may be personally served upon the Subdivider or, if the Subdivider is not an individual, upon any person who has signed this Agreement on behalf of the Subdivider or, at the election Subdivision Agreement Tract No. 5067 Page 12 of the City Engineer, such notice may be mailed to the Subdivider at his address on file with the City Engineer. If,within twenty-four(24)hours after such personal service of such notice or within forty-eight(48) hours after the mailing thereof as herein provided, the Subdivider shall not have commenced to maintain adequate dust control or shall at any time thereafter fail to maintain adequate dust control, the City Engineer may, without further notice of any kind, cause any such street or streets to be sprinkled or oiled, as he may deem advisable to eliminate the scattering of dust, by equipment and personnel of City or by contract as the City Engineer shall determine,and the Subdivider agrees to pay to City forthwith, upon receipt of billing therefor, the entire cost to City of such sprinkling or treated. When the surfacing on any existing street is disturbed, this surfacing shall be replaced with temporary or permanent surfacing within fourteen (14) calendar days, and the roadway shall be maintained in a safe and passable condition at all times between the commencement and final completion, and adequate dust control shall be maintained during these operations. 17. Concrete curbs and gutters, the sanitary sewer system and house connections, together with water mains, gas mains, and their respective service connections, shall be completed in the streets and alleys before starting the street and alley surfacing. 18. Time is of the essence of this Agreement, and the same shall bind and inure to the benefit of the parties hereto, their successors and assigns. 19. No assignment of this Agreement or of any duty or obligation of performance hereunder shall be made in whole or in part by the Subdivider without the written consent of City. s Subdivision Agreement Tract No. 5067 Page 13 The parties have executed this Agreement on the day and year first above written. CITY OF FRESNO, SUBDIVIDER a Municipal Corporation B I4 DC 5067 L.P. JON R. RUIZ, DIRECTOR a California Limited Partnership PUBLIC WORKS DEPARTMENT By: Bonadelle Homes, Inc. a California Corporation as General Partner By: A4—j1 Michael T. Kim, P.E., Assistant Director By: 04 ATTEST: n A. J Bonadelle, President REBECCA E. KLISCH CITY CLERK By: a Deputy (Attach Notary Acknowledgment) APPROVED AS TO FORM: HILDA CANTO MONTOY City Attorney By: 6� Deputy FORM Subdivision Agreement v10-03-03 LR March 5,2004 P STATE OF CALIFORNIA, COUNTY OF Fresno } S.S. On March 10, 2004 before me, Anna M. Renna a Notary Public in and for said County and State, personally appeared John A. Bonadelle personally known to 'Me FOR NOTARY SEAL OR STAMP GtQFy evident; to be the person(A) whose name(4) is/aw subscribed to the within instrument and acknowledged to me that he/ehe#hey executed the same in his/herltheir- �v►�M�. ANNA M.RENNA authorized capacity(iec), and that by his/her,*iaif- H 3' = COMM.#1433198 cO signature() on the instrument the person(I), or Cr. ` NOTARYFRESNO COUAlORNIA N NTY the entity upon behalf of which the person(if) My Comm.EXP.Aug.30,2007 acted, executed the instrument. WITNE S m Oand and cial se Signatu STATE OF CALIFORNIA, COUNTY OF } S.S. On , before me, a Notary Public in and for said County and State, personally appeared personally known to me (or proved to me on FOR NOTARY SEAL OR STAMP 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. WITNESS my hand and official seal. Signature TE 160 Legal(2-94) This form is furnished by Chicago Title Company CLERK'S CERTIFICATE STATE OF CALIFORNIA ) COUNTY OF FRESNO ) CITY OF FRESNO ) On April 1, 2004 before me, Elvia Sorrnerville, Deputy City Clerk personally appeared Michael T. Kirn, P.E. , Assist. Public Works Director personally known to me (or proved to me on the basis of satisfactory evidence) to be the persons(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(s)the person(s),or the entity upon behalf of the CITY OF FRESNO which the person(s) acted, executed the instrument. WITNESS my hand and official seal. REBECCA E. KLISCH, CMC CITY CLERK ByYL L bt�/�t/ CLti J DEPUTY EXHIBIT A Subdivision Agreement for Tract 5067 A. APPROVED PUBLIC IMPROVEMENT CONSTRUCTION COST ESTIMATES Water System Construction Cost Estimate $210,275 Well Construction Cost Estimate $0 Sewer System Construction Cost Estimate $142,944 Street Construction Cost Estimate $1,079,494 Final Cost Estimate(for Inspection Fee purposes) $1,432,71311 254 Landmarks, Monuments, Lot& Block Comers($50/ea) $12,700 Sub-Total (for bonding purposes) $1,445,413 Construction Contingency(10%) $144,541 TOTAL COST ESTIMATE* (for improvement securities purposes) $1,589,954 $1,590,000 *All amounts rounded to nearest$1000 B. IMPROVEMENT SECURITY REQUIREMENTS (due with subdivision agreement) Performance Security (100%of Total Cost Estimate) 95%of amount shall be in the form of a bond by duly authorized corporate sureties or irrevocable letter of credit $1,511,000 5%of amount shall be in cash or a Certificate of Deposit $80,000 Payment Security (50%of Total Cost Estimate) 100%of amount shall be in the form of a bond by duly authorized corporate sureties or irrevocable letter of credit $795,000 Faithful Performance Security to Guarantee Completion of Plans Street Plans $0 Utility Plans(Sewer.Water, Storm Water) $0 Street Light Plans $0 Landscaping/Irrigation/Walls $0 100%of amount shall be in cash or a Certificate of Deposit 1 $0 C. WARRANTY SECURITY REQUIREMENT*(due as condition of acceptance of the work) 5%of first$50,000 of the Total Cost Estimate $3,000 3%of next $50,000 $2,000 1%of next$400,000 $4,000 0.5%of amount over$500,000 $5,500 Minimum amount $14,500 EXHIBIT A v4/28/00 Prepared By: Rick Date: 03/02/04 Print Date:03/02/04 1:41:12 PM Page 1 of 1 EXHIBIT B Subdivision Agreement for T- 5067 NET AMOUNT AMOUNT EXTENSION DUE DEFERRED A. MISCELLANEOUS FEES&CHARGES 1. INSPECTION FEE $0 Final Cost Estimate<$10K na (11.52%;$600 minimum fee) $0 Final Cost Estimate>$10K<$500K na ($4836+3.25%of amount over$10K) $1 432 713 Final Cost Estimate over$500K $59,034.23 ($20,793+4.1%of amount over$500K) Less Inspection Fees paid with Early Sewer/Water Construction Agreement $20,420.00 Less Inspection Fees paid with Early Street Construction Agreement Inspection Fee $38,614.231 $38,614.23 2. MONUMENT CHECK FEE 120 Lots and Outlots @ $30.00 per Lot $3,600.00 $3,600.00 (Min$200) 3. STREET SIGNS 0 Street Name Sign sets Q $173.00 per set $1 557.00 $1 557.00 0 Waming/Regulatory signs Q $77.00 sign $231.00 $231.00 4. STREET TREES City installed(15-gallon)Street Trees Q $129.00 per Tree na nal 10 Inspection Fee(when planted by subdivider) Q $30.00 per Tree $300.00 $300.00 Trees by Covenant(Resolution 98-129;2 trees/Lot fronting 50'streets) 5. STREET RIGHTS OF WAY ACQUISITION/CONSTRUCTION CHARGE per FMC 11-226(f)(6 Lum Sum Charge as established by Public Works Director na nal 6. LANDSCAPE MAINTENANCE DISTRICT FEES(CFD-2) 120 Lots(anticipated maintenance cost) Q $31.45 per Lot $3 774.00 120 assessment districtproceedings v Q $0.00 6n) $2 300.00 Lum Sum Landscape area Field Inspection Fee-Parks aQ $305.00 LS $305.00 Total $6,379,0701 $6,379.00 $0.00 Estimated assessment per Lot(information only) 7. IRRIGATION PIPELINE(one-time maintenance fee) Lineal Feet $5.00 per LF na na 8. URBAN RESERVE 41 CORRIDOR NEXUS STUDY CONTRIBUTION Freeway 41/Friant Road/Herndon Corridor 0.0000 Adjusted Gross Acres Qa $250.00 per AG Ac $0.00 $0.00 TOTAL MISCELLANEOUS FEES 8 CHARGES $50,681.23 $50,681.231 EXHIBIT B v11/01/01 Printed 03/10/04 2:27:30 PM Page 1 of 5 EXHIBIT B Subdivision Agreement for T- 5067 NET AMOUNT AMOUNT EXTENSION DUE DEFERRED B. IMPACT FEES,CONSTRUCTION CREDITS&FEES TO BE DEFERRED 27.2836 Gross Acres 26.3203 Adjusted Gross Acres(AG Ac); excludes Area of Arterial&Collector Streets 120 Units(residential) R-1 Zoning u m Input"ugm"if within the Urban Growth Management Area or"no" 1. LOCAL DRAINAGE FEES CZ FMFCD Drainage Area 26.3202 Acres per FMFCD @ $3,310 per Acre $87 120.00 Local Drainage Fee $87,120.00 $87,120.00 (B1) (81)All or portion of fee obligation satisfied pursuant to FMFCD agreement. 2. SEWER CONNECTION CHARGES (a)Lateral Sewer Charge 0 SF; sub-total Lateral Sewer Charge @ $0.10 per SF (b Oversize Sewer Charge 1 UGM Reimbursement Area Frontage: N.Willow Avenue 42 700 SF Frontage: E.Alluvial Avenue 33 000 SF Total Square Feet —75.7 0-0SF 75,700 SF;sub-total Oversize Sewer Charge @ $0.05 per SF $3,785.00 Less estimated Oversize Credits $4 077.50 Less estimated Overdepth Credits $6 524.00 Oversize Sewer Charge $0.00 $0.00 Paid w/Credits (c)Trunk Sewer Charge Herndon Trunk Sewer Service Area 1201 Units @ $498.00 per Unit $59,520.00 $59,520.00 (d)Wastewater Facilities Charge Units@ $2,119.00 per Unit $2,119.00 $2 119.00 To be paid with Subdivision Agreement for exsisting home located on lot 120. Fee to be paid for remainder of lots at the rate in effect at time of issuance of building permit. The fee rate currently in effect is $2,119 per Unit(FMC 9-503-b) (e) Sewer Capacity Enhancement Charge Hemdon Trunk Sewer Service Area 120 Units @ $873.00 per Unit $104,760.00 $104,760.00 ( Copper Avenue Sewer Lift Station Benefit Service Area Char�e 0 Units @ $650.00 per Unit $0.00 $0.00 $0.00 EXHIBIT B 01/01/01 Printed 03/10/04 2:27:31 PM Page 2 of 5 EXHIBITIS Subdivision Agreement for T- 5067 NET AMOUNT AMOUNT EXTENSION DUE DEFERRED 3. WATER CONNECTION CHARGES (a)Time&Material Charges("Wet-Tie") 2003 0910 lEstimateNumber 4948 1 Water Job Number Estimated Deposit(FMC 14-111-f) $6,000.001 $0.00 (83) (83) Deposit paid with Early Construction Agreement (b1)Service Connection MeersCrsetoexisting services @ $470.00 each ting services @ r $320.070 each r---$3$470 00 $470.00 ` $38.080001$0.00 (b2)Landscape Service Connection Charges 2 2"Meters to existing services @ $820.00 each $1 240.00 $1,240.00 (c)Frontage Charge 0 LF; sub-total Frontage Charge(full rate) @ $6.50 per LF na (d Transmission Grid Main Charge A UGM Reimbursement Area 27.2836 Gross Acres @ $560.00 per Gr Acre $15,278.82 Less Estimated TGM Construction Credits F7157,217.00 Transmission Grid Main Charge $0.00 $0.00 Paid w/Credits (e)Transmission Grid Main Bond Debt Service Charge 27.2836 Gross Acres @ $243.00 per Gr Acre $6 629.91 Less Estimated TGM Bond Debt Service Charge Credits Transmission Grid Main Bond Debt Service Charge $6,629.91 $159.26' $6,470.675 ( UGM Water Supply Fee 101s I Supply Well Service Area 120 Living Units(residential) @ $397.00 per Unit $47 640.00 Less Estimated UGM Water Supply Fee Construction Credits $0.00 UGM Water Supply Fee $47 640.00 $47,640.00 ( Well Head Treatment Fee 1 011 Well Head Treatment Service Area 120 Living Units(residential) @ $0.00 per Unit (h)Recharge Fee 1011 Recharge Service Area 120 1 Living Units(residential) @ r $0.001 per Unit $0.00 (i)1994 Bond Debt Service Fee 101 1994 Bond Debt Service Fee Service Area 1201 Living Units(residential) @ $895.00 per Unit $107,400-001 Less Estimated 1994 Bond Debt Service Fee Construction Credits $0.00 1994 Bond Debt Service Fee $107,400.001 $895.00 ' $106 505.00 EXHIBIT B v11/01/01 Printed 03/10/04 2:27:31 PM Page 3 of 5 a< ` EXHIBIT B Subdivision Agreement for T- 5067 NET AMOUNT AMOUNT EXTENSION DUE DEFERRED 4. URBAN GROWTH MANAGEMENT(UGM)FEES&CONSTRUCTION CREDITS (a UG�STATION FEE 13 Fire Station Service Area 27.2836 Gross Acres @ $251.00 per Gr Acre $6,848.18 $164.51 ' $6 683.67 (b UG�HBORHOOD PARK FEE 7 Neighborhood Park Service Area 27.2836 Gross Acres @ $1 690.00 per Gr Acre $46,109.28 $1 107.63 ' $45 001.85 (c)UGM MAJOR STREET CHARGE F Major Street Zone 26.3203 Adjusted Gross Acres @ $2,500.00 per AG Ac $65,800.75 Less Estimated Major Street Charge Construction Credits $129,045.00 Major Street Charge $0.00 $0.00 113aid w/Credits (d UGM STREET BRIDGE CHARGE F Major Street Bridge Zone 26.3203 Adjusted Gross Acres @ $50.00 per AG Ac $1 316.02 Less Estimated Major Street Bridge Charge Construction Credits Major Street Bridge Charge $1,316.02 $31.62 ' $1.284.401 (e UGM TRAFFIC SIGNAL CHARGE 26.3203 Adjusted Gross Acres @ $860.00 per AG Ac $22,635.46 Less Estimated Traffic Signal Charge Construction Credits Traffic Signal Charge $22,635.46 $543.78 ' $22,091.68 ( UGE SEPARATION CHARGE Grade Separation Service Area 26.3203 Adjusted Gross Acres @ $0.00 per AG Ac na ( UGM TRUNK SEWER FEE Trunk Sewer Service Area 26.3203 Adjusted Gross Acres @ $0.00 per AG Ac na (h OVERLAY SERVICE AREA Millbrook Overlay Service Area 26.3203 Adjusted Gross Acres @ $0.00 per AG Ac na 5. POLICE SUBSTATION FEE Informational Only This Fee Due With Issuance of Building Permits Northeast Fresno Service Area 119 Residential Living Units @ $85.00 per Unit I-�J Unit @ $85.00 per Unit $85.00 $85.00 To be paid with Subdivision Agreement for exsisting home located on lot 120. EXHIBIT B 01/01/01 Printed 03/10/04 2:27:31 PM A ` Page 4 of 5 �.y df EXHIBIT B Subdivision Agreement for T- 5067 NET AMOUNT AMOUNT EXTENSION DUE DEFERRED Total Impact Fees&Charges $535,768.85 $305,855.80 $226117.05 Note: EXTENSION total includes net results of construction credits SUMMARY TOTAL(A) MISCELLANEOUS FEES&CHARGES 1 $50,681.23 TOTAL(B) IMPACT FEES&CHARGES 1 $305,855.80 $226,117.05 TOTAL SUBDIVISION FEES and CHARGES DUE WITH AGREEMENT cash $356,537.03 EXHIBIT 8 v11/01101 Printed 03110/04 2:27:32 PM Page 5 of 5 ADDENDUM TO SUBDIVISION AGREEMENT (RIGHT-OF-WAY ACQUISITION) WHEREAS,this is an addendum("Addendum")to a subdivision agreement("Agreement') entered into pursuant to the Subdivision Map Act, specifically, Government Code Section 66462, affecting the Final Map of Tract No. 5067 ("Final Map"); and, WHEREAS, Revised Vesting Tentative Map No. 5067/UGM, as approved by the City of Fresno ("Tentative Map") is a single family residential subdivision; and, WHEREAS, the City of Fresno approved the project subject to certain conditions of approval, which conditions required several public improvements in order to mitigate the impacts of the project upon urban infrastructure and physical environment; and, WHEREAS, in order to approve the Final Map, the Fresno City Council,as the Legislative Body approving final maps under the Map Act, must find the final map is in substantial compliance with the tentative map; and, WHEREAS, the Agreement pertains to subdivision improvements not completed and accepted at the time of approval of the Final Map; and, WHEREAS, this Addendum pertains specifically to the street improvements beyond the limits of the Final Map required in the Tentative Map conditions, which require the Subdivider to develop the infrastructure of, and dedicate the right-of-way for, certain public streets that will directly or indirectly serve the project; and, WHEREAS, with respect to such street improvements required to be developed and dedicated, neither the Subdivider nor the City has sufficient title or interest at the time of final map filing to permit the improvements to have been completed prior to final map filing; and, WHEREAS, the Subdivider has notified the City (through the Public Works Director or Planning and Development Department Director) of the Subdivider's inability to acquire the necessary easements and rights-of-way by negotiation, and has requested City to use its best efforts to acquire the necessary easements at Subdivider's expense; and, WHEREAS, the City of Fresno desires to proceed with the acquisition of the necessary easements for the required public right-of-ways, at the expense of the Subdivider. ' •9J Y Addendum to Subdivision Agreement Tract No. 5067 Page 2 NOW THEREFORE IT IS AGREED between Subdivider and City as follows: 1. Subdivider shall be responsible for the entire cost of acquiring the necessary easements, including, but not limited to the fair market value of the easements, legal fees, non-legal staff time, appraisal fees, any necessary court costs. 2. Subdivider shall initially deposit, upon execution of this agreement,the sums set out in the paragraph below captioned, "Summary of Initial Deposit". Such sums shall be utilized by the City to acquire the necessary easement and right-of-ways. If the initially deposited funds are less than the actual full cost to acquire all necessary rights-of-way, the Subdivider shall remit to the City such additional sums as may be required from time to time to conclude the matters, such further payments to be made within ten(10)days of the mailing to the Subdivider of a notice requesting such additional funds. The notice shall state what costs have been incurred to date, what additional costs are anticipated; and how the City intends to apply these additional deposits. Subdivider's dissatisfaction with the adequacy or sufficiency of the notice for any reason shall not excuse Subdivider from any duty or obligation, including the obligation to deposit additional sums. If deposited sums exceed the actual full cost to acquire the subject rights-of-way, then at the conclusion of acquisition, City shall refund the difference as soon as the City determines the amount of such excess. 3. Subdivider shall have the option of providing timely appraisal and title reports from qualified and reputable appraisers and title companies, subject to approval of the City Attorney, in lieu of deposit of appraisal and title report fees. 4. Subdivider acknowledges that the initial cash deposits are estimates only and may increase if City's acquisitions costs related to any City efforts to acquire the property increase. Subdivider agrees to pay all proper and necessary charges incurred or paid by City in pursuing the acquisition of the subject property. City incurs no liability for its failure to accurately or properly estimate the actual costs incurred in the condemnation action. 5. If Subdivider fails to pay the sums stated in the notice to deposit by the date prescribed, the City shall have the following remedies in addition to any other remedies available to it under law or in equity: a. Subdivider shall have waived and in such event does hereby waive all his development entitlements to build the subject project, and City may summarily revoke any and all permits issued to build such project b. City may, in its sole discretion, elect to terminate any acquisition proceedings commenced pursuant to this agreement. If City so elects, Subdivider shall Addendum to Subdivision Agreement Tract No. 5067 Page 3 indemnify and hold City harmless from any and all costs, fees, damages and expenses incurred as a result of the proceedings and the termination and abandonment thereof. C. In the alternative, City may, in its sole discretion, allow the project to proceed and treat all costs incurred pursuant to this agreement as a debt due and owing to the City. In this event, the sums so demanded in the notice to deposit shall be presumed to be proper, necessary and correct for continued proceedings to acquire the easements. Upon the failure of Subdivider to make timely and full deposit, as required by the notice, City shall collect interest on the amount demanded, to the extent the amounts reflect cost actually incurred, and upon any amounts thereafter incurred, at the rate of ten (10) percent per annum until paid. In any action brought by the City as the result of Subdivider's failure to timely and fully deposit the amounts demanded, City may recover its reasonable attorney's fees and litigation costs. 6. It is anticipated that it may be necessary for City to exercise its powers of eminent domain in order to acquire the necessary public right-of-way easements. Any determination to proceed with eminent domain will be made by the City Council of the City of Fresno, upon necessary findings. The City Council does not make any representations, guarantees or warranties, nor commits under this agreement, that it will exercise any of its authority or powers of eminent domain. 7. In the event eminent domain proceedings are commenced, prior to the date of any settlement conference set by the superior court in the eminent domain proceedings, Subdivider shall be given notice and an opportunity to participate in any decision to settle the acquisition proceedings if the proposed compensation exceeds the opinion of value established by the City's appraisal or the property owner's appraisal. However, such participation shall be limited to advising City staff where the giving of such advice does not interfere with, restrict, delay or impede the City Attorney in the prosecution or compromise of the condemnation proceedings, as she deems necessary and appropriate in the exercise of her sole professional judgement and discretion. 8. Subdivider agrees that, if for any reason the City determines it necessary to assign the City's rights and responsibilities under this task to the County in order for the offsite road conditions to be implemented, the City may do so with written notice to Subdivider. Upon such assignment, all references to statutorily required actions on the part of the City in connection with eminent domain proceedings shall be construed to mean those same actions or legal equivalents on the part of the County. The Subdivider's responsibilities remain unchanged. Addendum to Subdivision Agreement Tract No. 5067 Page 4 9. Compliance with the terms and conditions of this agreement is a condition of approval of any and all UGM subdivision map projects which are the subject of the principal agreement to which this ancillary agreement is a part. 10. Subdivider agrees that the Final Map shall be deemed filed as of the date the City Council finds the Final Map in substantial compliance with the tentative map and approves the same. 11. Subdivider acknowledges that, by execution of the Agreement, including this Addendum and the City's acceptance of the Final Map, Government Code Section 66462.5 is inapplicable to this subdivision. 12. Subdivider acknowledges that the tentative map approval was expressly conditioned upon the street improvement and right-of-way being provided as project mitigation. Nothing herein shall constitute as a waiver by the City of its police power or of its authority to protect the public against adverse development project impacts. Nothing herein modifies the tentative map conditions imposing offsite street improvements,orof any othertentative map condition, except as expressly provided for in the Agreement or in this Addendum. Subdividerwill not seek to invalidate any claim or defense made by or on behalf of the City in pursuance of procurement of the street and right-of-way on any grounds including, but not limited to, the fact that all or a portion of the street right of way traverses through unincorporated territorywithin the jurisdiction of the County of Fresno. Subdivider agrees to act in good faith in implementing the road condition and to actively assist City in seeking to obtain the County Approvals. 13. City shall have a lien upon any and all performance, payment and other bonds or deposits posted by or for Subdivider in conjunction with the development as security for the payment of any costs, charges or fees called for by this Agreement. 14. Upon recordation of the Subdivision Agreement to which this addendum is incorporated by reference, City shall have a lien upon the lands more particularly described in the Subdivision Agreement as security for the payment of any costs, charges or fees called for by this Agreement. 15. At the conclusion of the acquisition of the necessary easements, City shall provide to Subdivider a final statement of the expenditures of the City relating to the subject acquisition. Failure of the City to provide any accounting required by this agreement, however, shall not excuse Subdivider's duty to perform any act, particularly the duty to make full and timely deposits in accordance with any demands and notices by the City. Upon rendering of the final accounting referenced herein, Subdivider may question oy"", Addendum to Subdivision Agreement Tract No. 5067 Page 5 challenge any use of funds set forth in such accounting and may appeal same to the City Council. 16. Any amounts deposited by Subdivider shall be maintained by City in an interest-bearing account of the City's choice,and may be co-mingled with other City funds in such account. Interest accruing upon any such deposit shall inure to and be created for the benefit of Subdivider,less the City's reasonable or actual costs of administering the account and less any other charges which may be required or authorized by law. The parties agree that five per cent of the amount(s) deposited is the reasonable cost of administering the account. 17. Time is of the essence to this agreement since the City may suffer certain consequences in the event of Subdivider's breach, such as inverse condemnation liability,abandonment (by operation of law)of the condemnation action, and award to the property owner of her litigation expenses and reasonable attorney's fees and sanctions imposed by the Permit Streamlining Act (Government Code Section 65920, et seq.). 18. No partial invalidity of this agreement shall invalidate the remainder. 19. Summary of Initial Deposit. Easement Acquisition for property required to provide additional Right-of-Way on North Willow Avenue for Tract No. 5067. AMOUNT DEPOSITED: ITEM: $ 34,176.00 Estimated Land Value of Easement(s) $ 5,000.00 Possible Landscaping $ 3,000.00 Appraisal $ 1,000.00 Escrow and Title Fees $ 5,000.00 Real Estate Staff time $ 7,500.00 Attorney Staff time $ 3,850.00 Contingency (15%) $ 60,000.00 TOTAL (rounded) Bond Number: 566232S Premium:included in performarde bond SUBDIVIDERS PAYMENT BOND (Subdivision Agreement) WHEREAS, the City Council of the City of Fresno, State of California, and BH 5067 LP (hereinafter designated as"principal")have entered into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, dated , 2004 , and identified as project TRACT No. 5067 is hereby referred to and made a part hereof; and, WHEREAS, under the terms of said agreement, principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Fresno to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, said principal and the undersigned as corporate surety, are held firmly bound unto the City of Fresno and all contractors, subcontractors, laborers, material men and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of SEVEN HUNDRED NINETY FIVE THOUSAND--- dollars ($ 795,000.00 ), for materials furnished or labor thereon of any kind, or for amounts due the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount herein above set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable attorney's fees, incurred by City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgement therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration or addition. Subdivider's Payment Bond (Subdivision Agreement) Page 2 In witness whereof, this instrument has been duly executed by the principal and surety above named, on MARCH 11 , 2004 BH 5067 LP By: By: Principal Address of Surety P.O. BOX 19725 DEVELOPERS SURETY AND INDEMNITY COMPANY IRVINE, CA 92623 By. By: e ivsz;WW-Tf1--- :/A� , - -FACT' Surety Acknowledgment by attorney-in-fact must be attached. Bond Form.wpd Revised 05/14/2001 CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT State of CALIFORNIA County of FRESNO On MARCH 11,2004 before me, DONNA M.SMITH, NOTARY PUBLIC , Name and Title of Officer(e.g.,'Jane foe,Notary Public') personally appeared WAYNE LAMB Name(s)of Signer(s) ® personally known to me -OR- ❑ 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 DONNA M. SMITH behalf of which the person(s) acted, executed the instrument. COMM.#1300386 -� NOTARY PUBLIC-CALIFORNIA WITNESS my hand an fficial seal. FRESNO COUNTY My Comm.Expires April 19,2005 Signature of Notary Public -OPTIONAL Though the information below is not required by law,it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s)Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑ Individual ❑ Individual ❑ Corporate Officer ❑ Corporate Officer ❑ Titles(s): ❑ Title(s): ❑ Partner- El Limited El General ❑ Partner- ❑ Limited ❑ General ® Attorney-in-Fact ❑ Attorney-in-Fact ❑ Trustee ❑ Trustee ❑ Guardian or Conservator - ❑ Guardian or Conservator • ❑ Other: Top of Thumb here ❑ Other: Top of Thumb here Signer Is Representing: Signer Is Representing: BD-1133 09/00 E POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO BOX 19725.IRVINE.CA 92623 (949)263-3300 KNOW ALL MEN BY TI[ESE PRESENTS,that except as expressly limited. DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,do each,hereby make,constitute and appoint: *** Wayne Lamb, Mark E. Smith, Cynthia Sauceda, Donna M. Smith, jointly or severally *** as their true and lawful Attorney(s)-in-Fact,to slake,execute,deliver and acknowledge, fix and on behalf of said corporations,as sureties,bonds,undertakings and contracts of suretyship giving and grunting unto said Attorney(s)-in-Fact full power and authority to do and to perform every act necessary,requisite or proper to he done in connection therewith as each of said corporations could do,but reserving to each of said corporations full power of substitution and revocation,and all of the acts of said Attorneys)-in-Fact,pursuant to these presents,are hereby ratified and confirmed. This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,effective as of November 1,2000: RESOLVED,that fhc Chairman of the Board,the President and any Vice President of the corporation be-and that each of thein hereby is,authorized to execute Powers of Attorney.qualifying the attorncy(s)named in the Powers of Attorney to execute.on behalf of the corporations,bonds•undertakings and contracts of suretyship;and that the Secretary or any Assistant Secretary of the corporations be,and each of them hereby is,authorized to attest the execution orally such Prover of Attorney: RESOLVED.FURTIIER,that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile,and any such Power of Attorney or certificate hearing such facsimile Signatures Shull he valid and binding upon file corporation when so affixed and in the future with respect to any bond,undertaking or contract of suretyship to which it is altachcd. IN WITNESS WHEREOF,DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to he signed by their respective Executive Vice President and attested by their respective Secretary this I st day of October,-1003, ,1,11II,III„ ' By David H.Rhodes,Executive Vice-President ,e �. AND �,,R.” GOMPPOq�� r','v0R4T °?iy L� VO gTtt 9� OCT. F ;< Z ? OCT.5 o ZLU a-- 10 a c�c UJ 1967 By: °� , 1936 :3� 02 C, �P Walter A.Crowell.Secretary 's`�7' : /OYyp ,..%-Ab STATE OF CALIFORNIA 1 )SS. COUNTY OF ORANGE ) On October 1,2003,before file,Diane.[. Kawata,personally appeared David H.Rhodes and Walter A.Crowell,personally known to file(or proved to file on file basis of satisfactory evidence)to be the persons whose names are subscribed to the within instrument and acknowicdged to file that they executed the same in their authorized capacities,and that by their signatuu•cS on the instrument the entity upon behalf of'which the persons acted.executed the instrunncnt. WITNESS my hand and official seal. Y� DIANE J.KAWATA @My COMM.N 1334746 Notary Public-Calilornia ORANGE COUNTYSlgfiatUre Comm.Expires JAN.8,2(x16 CERTIFICATE Tile undersiUned,as Senior Vice-President.Underwriting of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,does hereby certify that the foregoing Power of Attorney remains in Full force and has not been revoked•and furthermore,that the provisions of the resolutions of the respective Boards of Directors of said corporations set forth in the Power of Attorney,are in force as of the date of this Certificate. This Ccrfificate is exccutcd in the City of Irvine.California,the 11 rM clay of )4ARC2i 2004 By Wesley W.Cowling enior Vice-President.Underwri r g ID-1380(Rcv. 10/03) �JC0 (6ng DISCLOSURE RIDER Terrorism Risk Insurance Act of 2002 The Terrorism Risk Insurance Act of 2002 created a three-year program under which the Federal Government will share in the payment of covered losses caused by certain events of international terrorism. The Act requires that we notify you of certain components of the Act, and the effect, if any, the Act will have on the premium charged for this bond. Under this program, the Federal Government will cover 90% of the amount of covered losses caused by certified acts of terrorism, as defined by the Act. The coverage is available only when aggregate losses resulting from a certified act of terrorism exceed $5,000,000.00. Insurance carriers must also meet a variable deductible established by the Act. The Act also establishes a cap of $1,000,000,000.00 for which the Federal Government or an insurer can be responsible. Participation in the program is mandatory for specified lines of property and casualty insurance, including surety insurance. The Act does not, however, create coverage in excess of the amount of the bond, nor does it provide coverage for any losses that are otherwise excluded by the terms of the bond, or by operation of law. No additional premium has been charged for the terrorism coverage required by the Act. Developers Surety and Indemnity Company Indemnity Company of California 17780 Fitch Irvine,CA 92614 (949)263 3300 vvww.inscodico.com t Bond Number:_ 566232S Premium: $13,599.00 for a two t to renews FAITHFUL PERFORMANCE BOND (Subdivision Agreement) WHEREAS, the City Council of the City of Fresno, State of California, and BH 5067- LP (herein designated as"principal")have entered into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, dated 2004 , and identified as project TRACT No. 5067 is hereby referred to and made a part hereof; and, WHEREAS, said principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. NOW, THEREFORE, we, the principal and DEVEMPERS SURAND INDEMNITY ,aas� ETY surety, are held and firmly bound unto the City of Fresno, (hereinafter called "City"), in the penal sum of ONE MILLION FIVE HUNDRED ELEVEN TH(XJSAND--- dollars ($1 ,511 ,000.00 ) lawful money of the United States, for the payment of which sum well and truly be made,we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents. The condition of this obligation is such that if the above bounded principal, his or it's heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless the City, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. As part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgement rendered. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anyway affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications. Faithful Performance Bond (Subdivision Agreement) Page 2 In witness whereof,this instrument has been duly executed by the principal and surety above named, on MARCH 11 2004 BH 5067 LP By: , By: _T AA-1 . Principal Address of Surety DEVELOPERS AND INDEMITY COMPANY P.O. Box 19725 gy. IRVINE, CA 92623V/, By: N A'17 U1QN E it TM-FACT 7""161 Surety Acknowledgment by attorney-in-fact must be attached. Bond Form.wpd Revised 05/14/2001 CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT State of CALIFORNIA County of FRESNO On MARCH 11,2004 before me, DONNA M.SMITH, NOTARY PUBLIC , Name and Title of Officer(e.g.,'Jane Doe,Notary Public') personally appeared WAYNE LAMB Name(s)of Signer(s) ® personally known to me -OR- ❑ 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/herAheir authorized capacity(ies), and that by his/her/their DONNA M. SMITH signature(s) on the instrument the person(s), or the entity upon COMM.#1300386 behalf of which the person(s) acted, executed the instrument. NOTARY PUBLIC-CALIFORNIA ~ FRESNO COUNTY .- WITNESS my hand and cial seal. My Comm.Expires April 19,2005 Signature of Notary Public OPTIONAL ---- Though the information below is not required by law,it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s)Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑ Individual ❑ Individual ❑ Corporate Officer ❑ Corporate Officer ❑ Titles(s): ❑ Title(s): ❑ Partner- Limited El General ❑ Partner- ❑ Limited ❑ General ® Attorney-in-Fact ❑ Attorney-in-Fact ❑ Trustee ❑ Trustee ❑ Guardian or Conservator . ElGuardian or Conservator E] Other: Top of Thumb here El Other: Top of Thumb here Signer Is Representing: Signer Is Representing: BD-1133 09/00 POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO BOX 19725,IRVINE,CA 92623 (949)263-3300 KNOW ALL MEN BY THESE PRESENTS,That except as cxliressly limited, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,do each,hereby slake,constitute and appoint: *** Wayne Lamb, Mark E. Smith, Cynthia Sauceda, Donna M. Smith, jointly or severally *** as their true and lawful Attorneys)-in-Fact,to make,execute,deliver and acknowledge,for and on behalf ot'said corporations,as Sureties,bonds•undertakings and contracts of suretyship giving and granting unto said Attorncy(s)-in-Fact full power and authority to du and to pertilrnl every aet necessary,requisite Or proper to be done in connection therewith as each of said corporations could du,but reserving to each of said corporations full Power of Substitution and revocation,and all orthe acts of said Atrorncy(s)-in-Fact,pursuant to these presents•are hereby ratified and confirmed. This Power of Attorney is granted and is signed by facsimile Under and by authority of the following reSolUtiOnS adopted by the respective Board of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,effective as of November I,2000: RESOLVED,that the Chairman of the Board,the President and any Vice President of the corporation be,and that each of then hereby is,authorized to execute Powers ofAttorncy,qualifying the attorney(s)named in the Powers of Attorney to cxccute,on behalf of the corporations,bonds.Undertakings and contracts Of Suretyship:and that the Secretary or any Assistant Secretary of the corporations be,and each of them hereby is.authorized to attest the execution of any Such Power of Attorney: RESOLVED. FURTI IER,that the signuures of Such Officers may he UfliXcd to any Such Power of Attorney or to any certificate relating thereto by f11C'S1I1111C,and any such Power ofAttorncy or certificate bearing Such facsimile SignalureS Shall he valid mut binding upon the corporation when so affixed and in the future with respect to any bond,Undertaking of contract of suretyship to which it is attached. IN WITNESS WHEREOF.DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to be signed by their respective Executive Vice President and attested by their respective Secretary this I st day of October,2003. By: ..��.� AND ��0.,,• N,?ANVO David H. Rhodes,EXeC'IItIVe Vice-President ' ,r yJP:paP 0R4"'.* ; �VGOp P O R4 9 C" p C: OCT. :<- Z OCT.5 T UJ' 10 F r)e W 1967 _0 By: ';o�; 1 9 3 6 ;a i Oq�lF P�\P d Walter A.Crowell.Secretary s,7�'•., /pyyP :'d O STATE OF CALIFORNIA ) )SS. COUNTY OF ORANGE ) On October I,2003,before me,Diane.I.Kawata,personally appeared David H.Rhodes and Walter A.Crowell,personally known to me(or'proved to nhc on the basis of satisfactory evidence)to be the persons whose names are Subscribed to the within instrument and acknowledged to nhe that they executed the San1c in their authorized capacities,and that by their signatures on the instl'unhent the entity upon behalf of which the persons acted,executed the instrument. WITNESS lily hand and official seal. --- DIANE J. COMM.#1334746 @My Notary Public - California ORANGECOUNTV Signallire Comm.Expires JAN.B,2006 CERTIFICATE The undersigned.as Senior Vice-President,Underwriting of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,does hereby certify that the foregoing Power of Attorney remains in full force and has not been revoked.and furthernhore,that the provisions of the resolutions of the respective Boards of Directors of said corporations set forth in the Power of Attorney,are in force as of the date of this Certificate. This C'crtific,ilc iS executed in the City of Irvine.C'alif'ornia,the 1 1TH&Iy of MAR(M 2004 By _P-0 Wesley W.Cowling enior Vice-President.Underwri r c I D-1380(Rev. 10103) Irtsc(b1co C95��9L�p DISCLOSURE RIDER Terrorism Risk Insurance Act of 2002 The Terrorism Risk Insurance Act of 2002 created a three-year program under which the Federal Government will share in the payment of covered losses caused by certain events of international terrorism. The Act requires that we notify you of certain components of the Act, and the effect, if any, the Act will have on the premium charged for this bond. Under this program, the Federal Government will cover 90% of the amount of covered losses caused by certified acts of terrorism, as defined by the Act. The coverage is available only when aggregate losses resulting from a certified act of terrorism exceed $5,000,000.00. Insurance carriers must also meet a variable deductible established by the Act. The Act also establishes a cap of $1,000,000,000.00 for which the Federal Government or an insurer can be responsible. Participation in the program is mandatory for specified lines of property and casualty insurance, including surety insurance. The Act does not, however, create coverage in excess of the amount of the bond, nor does it provide coverage for any losses that are otherwise excluded by the terms of the bond, or by operation of law. No additional premium has been charged for the terrorism coverage required by the Act. Developers Surety and Indemnity Company Indemnity Company of California 17780 Fitch Irvine,CA 92614 (949)263 3300 www.inscodico.com