Loading...
HomeMy WebLinkAboutT-5261 - Agreement/Covenant - 10/4/2005 (4) Ali WHEN RECORDED MAIL TO: City Clerk City of Fresno 2600 Fresno Street Fresno, CA 93721-3603 10/03/2005,20050232758 NO FEE - Government Code 6103 CITY OF FRESNO OPublic Works Department ILL Z P.W. File No. 10783 O' U W, in' a W J O. STATEMENT OF COVENANTS AFFECTING LAND DEVELOPMENT FOR THE MAINTENANCE OF LANDSCAPING, IRRIGATION SYSTEMS, DECORATIVE STREET LIGHTS, ENTRY WALLS AND LIGHTS, EXIT GATES AND STAMPED CONCRETE PAVING FOR TRACT NO. 5261 r. p STATEMENT OF COVENANTS CFD-2 Maintenance Tract No. 5261 Page 2 RECITALS WHEREAS,COPPER/MAPLE NO. 3,INC.,a California Corporation, hereinafter designated and referred to as the"Covenantor," is the owner of the real property situated in the City of Fresno, County of Fresno, State of California, hereinafter referred to as the "Subject Property" and more particularly described as: Lots 1 through 21, inclusive, of Tract No. 5261 according to the map thereof recorded on ems20a!5- in Volume 23 of Plats at Page(s) /h3 !, , Fresno County Records; and WHEREAS, the Covenantor hereby warrants that any and all parties having record title interest in the Subject Property which may ripen into a fee have subordinated to this instrument and that all such instruments of Subordination, if any, are attached hereto and made a part of this instrument; and WHEREAS, Resolution No. 11998 of the Fresno City Planning Commission conditionally approved the Vesting Tentative Map of Tract No. 5261, hereinafter referred to as the "Tentative Map;" and WHEREAS, a condition of approval of the Tentative Map requires the Covenantor to install and maintain the landscaping and irrigation system within the landscape easements along the East Copper and North Maple Avenues and areas within the tract; maintenance of decorative street lights, entry walls and lights, exit gate and stamped concrete paving improvements; and WHEREAS, a condition of approval of the Tentative Map requires that the maintenance of such improvements shall be the responsibility of the Covenantor,a homeowners association or the City's Community Facilities District; and 5 STATEMENT OF COVENANTS CFD-2 Maintenance Tract No. 5261 Page 3 WHEREAS, Covenantor has elected to satisfy this maintenance condition by annexing the Subject Property into the City's Community Facilities District No. 2; and WHEREAS, Covenantor has requested the City to annex the Subject Property to the City's Community Facilities District No. 2. COVENANTS, CONDITIONS AND RESTRICTIONS NOW THEREFORE, it is agreed in consideration of the foregoing and the approval of the final map for the Subject Property by the City of Fresno, the Covenantor hereby covenants, promises and agrees with the City of Fresno for the benefit of said City that: 1. Said improvements will be designed and installed according to the improvement plans prepared by the Covenantor and approved by the.Public Works Director. 2. Covenantor shall maintain said improvements in a manner acceptable to the Public Works Director until such time as the City notifies the Covenantor that such maintenance responsibility has been assumed by the City's Community Facilities District No. 2. 3. The.Covenantor shall provide to every prospective purchaser of each lot of the Subject Property, the "Notice of Special Tax," attached as EXHIBIT "A, in accordance with the provisions of Section 53341.5 of the California Government Code. 4. It is the intention hereof that this document shall constitute a covenant in favor of the City of Fresno and shall run with the land and be binding upon the undersigned, its grantees, heirs, and successors and assigns. 5. The foregoing conditions shall remain in full force and effect until such time as the Director of the Public Works Department issues a written release of such conditions and obligations and records such release with the Fresno County Recorder. 6. The provisions of this Statement shall be deemed independent and severable and the invalidity or partial invalidity or unenforceability of any one provision or portion thereof shall not STATEMENT OF COVENANTS CFD-2 Maintenance Tract No. 5261 Page 4 affect the validity or enforceability of any one provision thereof. Whenever the context of the Statement so requires, in interpreting this Statement, any gender includes the other genders, the singular includes the plural, and the plural includes the singular. STATEMENT OF COVENANTS CFD-2 Maintenance Tract No. 5261 Page 5 DATED: CITY OF FRESNO, COVENANTOR a Municipal Corporation COPPER/MAPLE NO. 3, INC., DAVID D. HEALEY, Director a California Corporation Public Works Department C Michael T. Kirn, Assistant Director W CC ff President &, By: Brent M 'Caffr is President APPROVED AS TO FORM: Hilda Cantta Montoy (Attach Notary Acknowledgment) City Attorney By: Deputy K:\jonb\Map docs\Final Maps\FM 5261\SUB DOCS\T-5261 Covenant CFD Maintenance of LS, Lights, Stamped Concrete, etc.wpd jb+ak 07-27-05 a� . 5 STATE OF CALIFORNIA SS. COUNTY OF FRESNO ) On August 26,2005, before me,the undersigned,a Notary Public for the State of California,personally appeared,Robert A. McCaffrey and Brent McCaffrey,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 capacity(ies),and that by his/her/their signature(s) on the instrument the person(s) or the entity(ies) on behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Notary Public L.S. My Commission pires• anuary 1,2 MICHEOGGAN Commission 8 1395535 Notary Public - California _ Fresno County 46My Corfxn,Exphes Jan 21,2007 CLERK'S CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF FRESNO ) CITY OF FRESNO ) On September 22,2005 , before me, Elvia Sommerville, Deputy City Clerk,personally appeared,Michael T. Kirn,Assistant Public Works Director, known to me(or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) 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(§), or the entity upon behalf of the City of Fresno of which the person(s) acted, executed the instrument. WITNESS my hand and official City Seal. i REBECCA E. KL ISCH, CMC CITY CLERK ByD1�% Deputy 'Septembe'r 22,-2'005(9:37am) wig f SUBORDINATION The undersigned as holder of the beneficial interest in and under that certain Deed of Trust recorded on JUNE 20,2005 in the office of the Fresno County Recorder as Document No. 20050135786 of which the Deed of Trust in by and between: COPPER/MAPLE NO-3- INC A CALTFORNTA CORPORATTnN as Trustor, FIDELITY NATIONAL TITLE COMPANY as Trustee, and HOUSING CAPITAL COMPANY, A MINNESOTA PARTNERSHIP , as Beneficiary, hereby expressly subordinates said Deed of Trust and its beneficial interest thereto to the foregoing Statement of Covenants,Affecting Land Development for the Maintenance of Landscaping, Irrigation Systems, Decorative Street Lights, Entry Walls and Lights, Exit Gates and Stamped Concrete Paving for Tract No. 5261. DATED: 9?13 a l°r BENEFICIARY (Beneficiary to print/type Name, Title and attach Notary Acknowledgment) STATE OF CALIFORNIA ) SS. COUNTY OF FRESNO ) On August 30,2005, before me, the undersigned,a Notary Public for the State of California,personally appeared,Thomas G. Walker,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 capacity(ies),and that by his/her/their .signature(s)on the instrument the person(s) or the entity(ies)on behalf of which the person(s) acted,executed the instrument. WITNESS my hand and official seal. Notary Public L.S. My Commission Aires: anuary 21,20 7 WOOL. MOGGAN Corrrrrtiaion#1395535 Notary PubAc -CoAtomia Fresno County liffMy Con'm.Expires Jan 21,2007 NOTICE OF SPECIAL TAX COMMUNITY FACILITIES DISTRICT NO. 2 COUNTY OF FRESNO, CALIFORNIA TO: THE PROSPECTIVE PURCHASER OF THE REAL PROPERTY KNOWN AS: Tract No. 5261, Lot No.: I A.P:N. No.: THIS IS A NOTIFICATION TO YOU PRIOR TO YOUR ENTERING INTO A CONTRACT TO PURCHASE THIS PROPERTY. THE SELLER IS REQUIRED TO GIVE YOU THIS NOTICE AND TO OBTAIN A COPY SIGNED BY YOU TO INDICATE THAT YOU HAVE RECEIVED AND READ A COPY OF THIS NOTICE. (1) This property is subject to a special tax, which is in addition to the regular property taxes and any other charges, fees, special taxes, and benefit assessments on the parcel. It is imposed on this property because it is a new development, and may not be imposed generally upon property outside of this new development. If you fail to pay this tax when due each year, the property may be foreclosed upon and sold. The tax is used to provide public facilities or services that are likely to particularly benefit the property. YOU SHOULD TAKE THIS TAX AND THE BENEFITS FROM THE FACILITIES AND SERVICES FOR WHICH IT PAYS INTO ACCOUNT IN DECIDING WHETHER TO BUY THIS PROPERTY. (2) The maximum special tax which may be levied against this parcel to pay for ongoing maintenance of public facilities is $2,598.00 during the 05-06 tax year. The maximum special tax shall be adjusted annually by+3% and by applying the increase, if any, in the construction cost index for the San Francisco Region for the prior twelve (12) month period as published in the Engineering News Record (as applicable). (3) The authorized facilities which are being paid for by the special taxes, and by the money received from the sale of bonds which are being repaid by the special taxes, are: Landscaping attached to tract no. 5261. Specifically, along E. Copper and N. Maple Avenues and areas within the tract. Maintenance of decorative street lights, entry walls and lights, exit gates and stamped concrete paving. These facilities may not yet have all been constructed or acquired and it is possible that some may never be constructed or acquired. YOU MAY OBTAIN A COPY OF THE RESOLUTION OF FORMATION WHICH AUTHORIZED CREATION OF THE COMMUNITY FACILITIES DISTRICT,ANNEXATION 98, AND WHICH SPECIFIES MORE PRECISELY HOW THE SPECIAL TAX IS APPORTIONED AND HOW THE PROCEEDS OF THE TAX WILL BE USED, FROM THE CITY CLERK'S OFFICE OF THE CITY OF FRESNO BY CALLING (559) 621-7650. THERE MAY BE A CHARGE FOR THIS DOCUMENT NOT TO EXCEED THE REASONABLE COST OF PROVIDING THE DOCUMENT. I (WE)ACKNOWLEDGE THAT I (WE) HAVE READ THIS NOTICE AND RECEIVED A COPY OF THIS NOTICE PRIOR TO ENTERING INTO A CONTRACT TO PURCHASE OR DEPOSIT RECEIPT WITH RESPECT TO THE ABOVE-REFERENCED PROPERTY. I (WE) UNDERSTAND THAT I (WE) MAY TERMINATE THE CONTRACT TO PURCHASE OR DEPOSIT RECEIPT WITHIN THREE DAYS AFTER RECEIVING THIS NOTICE IN PERSON OR WITHIN FIVE DAYS AFTER IT WAS DEPOSITED IN THE MAIL BY GIVING WRITTEN NOTICE OF THAT TERMINATION TO THE OWNER, SUBDIVIDER,OR AGENT SELLING THE PROPERTY. DATE: Buyer: Seller: Buyer: Exhibit "A"