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HomeMy WebLinkAboutT-5205 - Agreement/Covenant - 4/25/2006 P Recording Requested By: Recording Requested by City Clerk, Fresno, California No Fee-Govt. Code 6103 p� Return to City Clerk, Fresno O Z When Recorded, Return To: 0412512006,20060086101 U City Clerk City of Fresno Lu U) 2600 Fresno Street W Fresno, CA. 93721-3623 J SPACE ABOVE THIS LINE FOR RECORDER'S USE AGREEMENT TO ADVANCE CONSIDERATION OF FINAL TRACT MAP NO. 5205 Date: April 4, 2006 Parties: (1) COPPER RIVER DEVELOPMENT COMPANY, INC., a California corporation, owner of Vesting Tentative Tract Map No. 5205 ("Subdivider") and COPPER RIVER RANCH, LLC, a California corporation ("Land Owner"). Subdivider and Land Owner are jointly referred to in this Agreement as the "Final Map Applicants." (2) CITY OF FRESNO, a Municipal Corporation ("City") RECITALS A. The Final Map Applicants are the owners of the real property in the City described in Exhibit A to this Agreement ("Property') which is incorporated herein by reference; B. Final Map Applicants represent and warrant that there always have been, are presently and will always be, less than twelve (12) registered voters residing on the Property as of the period commencing ninety (90) days before the execution of this Agreement, and continuing thereafter through and until the conclusion of the proceedings for the annexation of the Property into City of Fresno Community Facilities District No. 12 (the "CFD") and the imposition of the special tax lien, such that the City may proceed with and successfully complete the landowner voter election required procedures for annexation into the CFD and recordation of the notice of special tax lien; C. The Subdivider proposes to subdivide and thereafter develop the Property 1 and has obtained approval from the City of a vesting tentative tract map for the Property generally identified on Vesting Tentative Tract Map No. 5205 ("VTTM No. 5205"). In order to record Final Tract Map 5202 ("Final Map 5205") pursuant to VTTM No. 5205 Final Map 5205 must substantially comply with the standards and ordinances of the City in effect at the time VTTM No. 5205 was approved and with the general conditions of approval for VTTM No. 5205, and Land Owner is cooperating with Subdivider in this process; D. Final Map Applicants, as a condition of approval of Final Map 5205, are required to either form a home owner's association or petition the City to annex the Property to the CFD to maintain the following (collectively "Services"): 1. Landscape Maintenance 2. Project Trail Maintenance 3. Roundabout Maintenance 4. Decorative Paving Maintenance 5. Project Entry Feature Maintenance 6. Vista Point Maintenance 7. Connections to Regional Trails 8. Sidewalk Maintenance 9. Project Signage Maintenance 10. Street Lighting Maintenance 11. Street Sign Maintenance 12. Median Island Maintenance; E. Final Map Applicants have elected to petition the City to annex the Property to the CFD, and acknowledge and agree that the City will proceed with the establishment and implementation of the CFD under such landowner voter election procedures, based upon the representations and warranties of the Final Map Applicants set forth herein; F. The costs for the City to provide the Services for the Property are subject to re-evaluation and the City is unable to process the annexation for the Property at this time; G. The Subdivider wants Final Map 5205 to go to Council for approval on April 4, 2006, which is prior to completion of the CFD annexation process; H. Selling or otherwise transferring title to any portion of the Property prior to the completion of the annexation process for the Property could interfere with noticing and timing with respect to the required CFD annexation process, potentially require re- noticing, and create difficulties in ascertaining property owners for statutory noticing requirements, and potentially allow new property owners to decline or stop the annexation; I. As a condition to approving Final Map 5205 before the CFD annexation process for the Property has occurred, the City is requiring that Final Map Applicants enter into an agreement to ensure that Final Map Applicants will not sell or otherwise convey title to any portion of the Property prior to the completion of the annexation of 2 t . the Property into the CFD; J. The parties understand that should the Final Map Applicants breach this Agreement, it may result in the City becoming liable for perpetual ongoing maintenance Services required as a Condition of Approval of Final Map 5205; and K. This Agreement binds Final Map Applicants for themselves and on behalf of all future owners, lessees and transferees of any portion of the Property in order to insure that the annexation process for the Property is not interfered with by actions of the Final Map Applicants and the City's risk of incurring ongoing perpetual liability in maintaining the Services for the Property is offset by the Final Map Applicant's personal assumption of responsibility for those improvements and maintenance. AGREEMENT 1. The parties acknowledge and agree to the above Recitals and said Recitals are incorporated herein as a matter of contract. 2. City agrees to proceed with the hearing on Final Map 5205 prior to completion of annexation of the Property into the CFD. 3. In consideration of the provisions of Paragraph 2 above and except as provided below, Final Map Applicants jointly and severally represent and warrant that they have not and will not sell, convey or close escrow on sale or conveyance of title to any portion of the Property which is the subject of Final Map 5205 prior to the completion of the annexation of the Property into the CFD in accordance with applicable law. Final Map Applicants shall give, or cause the escrow holder to give, a clear and concise written notice to all potential purchasers stating that proceedings to establish the CFD, impose the special tax and record the notice of special tax lien on the lot or parcel to be purchased or transferred are pending and that the escrow shall not close until completion of all such proceedings. 4. Final Map Applicants covenant and agree that no transfer of title to any lot or other portion of the Property shall occur until the annexation of the Property into the CFD has been completed to provide the Services and the Property becomes subject to the imposition and lien of the special taxes imposed by the CFD. 5. Final Map Applicants acknowledges their obligation and intention to complete the annexation of the Property into the CFD subject to approval of such annexation by City in the manner provided by law. Without limiting the generality of the foregoing, Final Map Applicants will not protest the amount of the Maximum Special Tax for the CFD or the rate of the annual special tax (including inflationary adjustments thereto)for the purpose of funding the provision of the Services, which shall be as stated and mutually approved by Final Map Applicants and City in the "Special Tax Rate and Method of Apportionment" required in connection with annexation into the CFD- 3 r , Final Map Applicants and City contemplate that all proceedings to annex the Property into the CFD and to record the special tax lien (but excluding the actual imposition of the special tax levy) shall be completed no later than July 1, 2006. Final Map Applicants acknowledge and agree that any further request to City to advance consideration of any other final subdivision map shall require a separate and stand alone agreement approved by City Council. 6. Final Map Applicants agree that the City may file its petition and request with the City Council and that the City Council may proceed with the actions and proceedings necessary to accomplish matters necessary to annex the Property into the CFD. In that regard, to the greatest extent allowed by law, Final Map Applicants waive any and all notices, minimum noticing periods, procedures and substantive requirements which may otherwise be required under: (i) City of Fresno Special Tax Financing Law (Chapter 22 of the Fresno Municipal Code) and/or the Mello-Roos Community Facilities Act of 1982 (Chapter 2.5, commencing with Section 53311, of Part 1, Division 2, Title 5 of the California Government Code) (collectively the "Law'), including, by way of example and without limitation, Article 2 (commencing with Section 53318) regarding the proceedings to establish a CFD, Sections 54950 through 54962 of the Government Code regarding notices of and holding of public meetings, and Section 53739 of the Government Code, regarding the setting of the rate for special taxes, including an inflationary adjustment; (ii)Article 3.5 of Chapter 1 of Part 1 of Division 1 of Title 5 of the Government Code (Sections 50075 through 50077) regarding special taxes, (iii) the applicable provisions of Article 3.7 of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code (Sections 53720 through 53730, as applicable) regarding special taxes, and (iv) any other provisions of the Constitution of the United States and the State of California, and any other laws or governing legal authorities, whether in law or equity without completion of, or compliance with, any such notices, minimum noticing periods, time limits, procedures or substantive requirements. Without limiting the generality of any of the foregoing, Subdivider specifically waives (i) any and all time limits and substantive requirements in connection with the conduct of the election of the special tax levy referred to in Government Code Section 53326(a), (ii) the impartial analysis, arguments and rebuttals, if any, in connection with the election by the qualified landowner voters for the vote of the special tax levy referred to Government Code Section 53327, (iii) any and all objections for other procedures and requirements in connection with the regularity and sufficiency of an election and time limits for the calling for an election of the special tax levy in the CFD, and for performance by any City election official for the vote of such special tax levy, (iv) any and all rights under Article XIIIC of the California Constitution regarding special taxes and the right to the initiative power to reduce or repeal local taxes, and (v) any and all rights under Article 3 (commencing with Section 53330) of the Act to reduce or repeal the special tax, to terminate the special tax levy, and to eliminate or reduce the Services. 7. On request by the City, the Final Map Applicants promptly shall execute and deliver to City any other agreements, instruments, documents, and information that are reasonably necessary to accomplish annexation of the Property into the CFD, the imposition of the special tax lien, and the recordation of the notice of the special tax lien, 4 and to evidence Final Map Applicant's petition, request, consent and waivers in this Agreement, including by way of example and without limitation, petition, waiver and consent forms, ballots regarding the special tax levy, and receipts for notices. 8. The City does not warrant that the annexation of the Property into the CFD will be completed and the City assumes no responsibility for maintaining Services for the Property if for any reason annexation into the CFD is not completed. 9. Final Map Applicants agree to pay any additional costs incurred by the City to process the annexation into the CFD caused by the actions of Final Map Applicants, or either of them, on a time and material basis. 10. This Agreement is for the benefit of the Property, the City, the public and public property, is a covenant running with the land, and shall bind the Final Map Applicants, and each of them, and their respective partners, heirs, executors, administrators, successors in interest, transferees and assigns, and all subsequent owners, transferees or lessees of any lot or other right or interest in the Property. Wherever the terms "Subdivider," "Land Owner" or "Final Map Applicants" are used in this Agreement, it shall mean the party specifically named herein and all such partners, heirs, executors, administrators, successors, transferees, assigns and subsequent owners, transferees and lessees. 11. Final Map Applicants will be responsible for, and shall indemnify, defend, and hold the City harmless from, additional costs and/or claims resulting from annexation of the Property into the CFD, this Agreement, and the approval of Final Map 5205 prior to annexation of the Property to the CFD, provided that Final Map Applicants are not responsible for such matters if they are attributable to the gross negligence or willful misconduct of the City. 12. If the annexation of the Property into the CFD is not approved, the Final Map Applicants assume responsibility for/bears costs of the Services required in the Conditions of Approval for the Property. The liability for such costs may be assumed by a home owner's association subject to the City's reasonable approval of the organizational documents of any such home owner's association. 13. This Agreement shall be terminated and released from the public record upon completion of annexation of the Property to the CFD (but after the date upon which notice of special tax lien is recorded against all of the Property.) Upon termination, the City shall cause this Agreement to be promptly released from the public record by recordation of a written termination and release. 14. The provisions of this Agreement 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 other provision hereof. Whenever the context so requires, any gender includes the other genders, the 5 singular includes the plural, and the plural includes the singular. 15. Except as expressly provided herein, this Agreement shall not be construed to limit the parties' rights and obligations at law and in equity. 16. In the event the annexation of the Property into the CFD is not approved and the Final Map Applicants fail otherwise to provide for the Services as required hereunder, then the Final Map Applicants and each of them agree to grant a lien for the benefit of the City on any interest in or portion of the Property owned or retained at the time, in an amount that the Public Works Director reasonably determines is adequate to secure City's ongoing maintenance costs for the Property. Final Map Applicants, and each of them, agree that in such event, the City may record a lien on real property in the City of Fresno owned respectively thereby in an amount that the Public Works Director determines is adequate to secure City's ongoing maintenance costs for the Property upon sixty (60) days written notice to the Final Map Applicants of such failure to perform and opportunity to correct and upon Final Map Applicant's failure to correct. In addition to such lien rights, Final Map Applicants and each of them, hereby guarantee the performance of all of the terms and conditions of this Agreement. 6 WITNESS the due execution hereof the date aforesaid.' CITY OF FRE NOb COPPER RIVER DEVELOPMENT a municipal�G�b oration COMPANY, INC. a Califor ' corpora By: C By : vid NQ0.1 Darius Assemi, President Director Public Works Department COPPER RIVER RANCH, LLC, a California limited liabil' ompany Michael T. Kirn By: Assistant Director Darius Assemi, Third Vice-Pres. Public Works Department By: APPROVED AS TO FORM: orth Vice-Pres. James C. Sanchez Interim City Attorney By: � Dep"y ATTEST REBECCA E. KLISCH City Clerk By: Deputy Attachment: Exhibit A— Property Description a Parties signatories must be acknowledged. b Subject to City Council approval/ratification. 7 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California ss. County of EreL—>Y)n On hurch 31. ZIXY,� , before me, CrIS 1UL'IJA ,u�bl Date Name and Title of Officer(e.g., Jane Doe,N tary Public") personally appeared 1)0-0 uS Ate?Cml Name(s)of Signer(s) personally known to me ❑ proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed j LOPEZ to the within instrument and acknowledged to me that CRISTINA G. 1 ' Commission#LOPEZ 5 he/she/they executed the same in his/her/their notary Pubk-COMM40 authorized capacity(ies), and that by his/her/their Fresno county signature(s) on the instrument the person(s), or the My Comm.ExplreaFeb t2,2009 entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Place Notary Seal Above . a _ 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: C Individual El Individual 12 Corporate Officer—Title(s): ❑ Corporate Officer—Title(s): Partner—L Limited `i General L Partner— Limited 1- i General LJ Attorneyin Fact r • Top of thumb here Attorney In Fact Trustee Trustee Top tn�mb Here of Guardian or Conservator Guardian or Conservator u Other: Other: Signer Is Representing: Signer Is Representing: C 2004 National Notary Association•9350 De Soto Ave..P.O.Box 2402•Chatsworth,CA 91313-2402 Item No.5907 Reorder:Call Toll-Free 1-800-876-6827 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of Fie-sno Fie-s ss. On hurch 31, j." before me, Cr I S Y 1 t�b 11 Date Name and Title of officer(e.g., Jane Doe,N tary Public") �1 personally appeared Darius, A�f Name(s)of Signer(s) ,/Personally known to me ❑ proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed CRISIINA G.LOPEZ to the within instrument and acknowledged to me that CornmWilon#1552075 he/she/they executed the same in his/her/their •'� Mary Public-CoUtornia authorized capacity(ies), and that by his/her/their Fresm county - signature(s) on the instrument the person(s), or the Nb comm.EOM FOb12.2009 entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Place Notary Seal Above 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: L' Individual ❑ Individual L Corporate Officer—Title(s): LI Corporate Officer—Title(s): L' Partner—�__ Limited --i GeneralL Partner—I Limited Ci General LLi Attorney in Fact r._1 Attorney in Fact Top of thumb here Top of thumb here Trustee Trustee Guardian or Conservator Guardian or Conservator Other: _ Other: Signer Is Representing: Signer Is Representing: C 2004 National Notary Association•9350 De Soto Ave.,P.O.Box 2402•Chatsworth.CA 91313-2402 Item No 5907 Reorder.Call Toll-Free 1-800-876-6827 ■ CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California ss. County of r re-�n n _ n ,) �� On ri 1 3. z(Y�(n before me, C('Ic5-hnA lT• It`���./ a /' M&,- e- ate Name and Title 6f Officer(e.g.,"Jane d6e,Notary Public") personally appeared l-, feria QcL U Name(s)of Signer(s) el personally known to me _ _ _ El proved to me on the basis of satisfactory evidence CWTINAG.LOPEZ�L to be the person(s) whose name(s) is/are subscribed commluton#_1 552075 I to the within instrument and acknowledged to me that -� Notary PubNc-Callfornla he/she/they executed the same in his/her/their Fresno county - authorized capacity(ies), and that by his/her/their yCOMM.ExpkesFab12.2004 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. Place Notary Seal Above �� 6 _ka _l 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(les) Claimed by Signer(s) Signer's Name: Signer's Name: ❑ Individual ❑ Individual ❑ Corporate Officer—Title(s): ❑ Corporate Officer—Title(s): ❑ Partner—❑ Limited ❑ General ❑ Partner—❑ Limited ❑ General ❑ Attorneyin Fact � ❑ Attorney in Fact ' Top of thumb here y Top of thumb here ❑ Trustee ❑ Trustee ❑ Guardian or Conservator ❑ Guardian or Conservator ❑ Other: ❑ Other: Signer Is Representing: Signer Is Representing: 0 2004 National Notary Association•9350 De Soto Ave.,P.O.Box 2402•Chatsworth,CA 91313-2402 Item No.5907 Reorder:Call Toll-Free 1-800.876-6827 Agreement to Advance Consideration T-5205 Page 7a COPPER RIVER RANCH, LLC., a California Limited Liability Company By: Granville Homes, Inc., A California Corporation It's Manager Ch ' e 'ngenfelt r, ist t Secretary 10, oberts, ' e Pr fanning and Development 7a CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of wk D ss. On q.24D_1)L;,, before me, M'�_a �gAZ, �� �444;i,c- Date Name and Title of Officer(�"Jan Doe,Notary Public-/ t personally appeared ('1 5 -,�/P.; T r� , Name((;)of Signer(s) Gl �Tt f'�yl (• AAe-,4, personally known to me El proved to me on the basis of satisfactory evidence CINWM 0. OPEZ to be the person(s) whose name(s) is/are subscribed ca n Nuion i 15=75 Nolan P A)w_cdwnwo to the within instrument and acknowledged to me that FrowwCotnW he/she/they executed the same in his/her/their 1MVComm.[4jF*wF012,24 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. Place Notary Seal Above 'l.o&% Signature of Notary Pulflic 1 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—Title(s): ❑ Corporate Officer—Title(s): ❑ Partner—❑ Limited ❑ Generalageal it" 11Partner—L1Limited ElGeneral .119 M11IN10 ❑ Attorneyin Fact Top of thumb here ❑ Attorney in Fact Top of thumb here ❑ Trustee ❑ Trustee ❑ Guardian or Conservator ❑ Guardian or Conservator ❑ Other: ❑ Other: Signer Is Representing: Signer Is Representing: 0 2004 National Notary Association•9350 De Soto Ave.,P.O.Box 2402•Chatsworth,CA 91313-2402 Item No.5907 Reorder:Call Toll-Free 1-800-876-6827 CLERK'S CERTIFICATION State of California) County of Fresno) On April 7. 2006, before me, Elvia Sommerville, Deputy City Clerk, personally appeared, David Healey, Public Works Director and Michael T. (M.T.) Kirn, Assistant Public Works Director, 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 be 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. REBECCA E. KLISCH CITY CLERK, CMC o By`\ ,� 2� Deputy EXHIBIT A DESCRIPTION OF PROPERTY IN VESTING TENTATIVE TRACT MAP NO. 5205 Real property located in the City of Fresno, California, described as follows: Lots 1 through 134, inclusive, Outlots A through Z, inclusive, and Outlot AA of Tract No. 5205 according to the map thereof recorded on Amici / a5 , 20L)L, in Volume '75 of Plats at Page(s),fFresno County Records, , containing acres, more or less. -f 31 thrU 55 g