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HomeMy WebLinkAboutT-5409 - Agreement/Covenant - 7/7/2006 o .. PLEASE CONFORM Recording Requested by: THIS COPY Public Works Department City of Fresno No Fee-Gov't Code Section 6103 and 27383 When Recorded,Mail to City Clerk City of Fresno 07/07/2006,20060141666 2600 Fresno Street Fresno,CA. 93721-3623 ABOVE SPACE FOR RECORDER'S USE APN No. 494-160-16 Public Works Department Tract No. 5409 City of Fresno STATEMENT OF COVENANTS AFFECTING LAND DEVELOPMENT FOR UNDERGROUNDING OF UTILITIES ON TRACT 5409 RECITALS A. SSBI Stonemark Homes, L.P., a California Limited Partnership hereinafter referred to as the"Covenantor,"is the owner of that certain real property described as Lot 1 of Tract No. 5409 as recorded in Volume 96 of Plats at Page(s) old f ,27 _, Fresno County records, in the City of Fresno, County of Fresno, State of California, hereinafter referred to as "the subject_property". B. 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 C. All such instruments of Subordination, if any, are attached hereto and made a part of this instrument; and D. A condition of approval of Tract 5409 is a requirement that the Covenantor remove all existing overhead utilities and place said utilities underground. E. The Covenantor has submitted a request to defer the undergrounding of utilities to an undetermined later date. F. The Covenantor and the City of Fresno desire to enter into an agreement providing for the deferral and later construction of the underground utilities. 1 COVENANTS. CONDITIONS AND RESTR TIONS The Covenantor hereby covenants that the Subject Property shall be held, conveyed, encumbered, used, occupied,developed,maintained,and improved subject to the following covenants, conditions, and restrictions, which are for the purpose of enhancing attractiveness, usefulness, value, desirability, and safety of the Subject Property, the surrounding property, and the public at large, and to minimize possible adverse effects on the public health, safety, peace, and general welfare. Each of the covenants, conditions, and restrictions contained in this Statement shall run with the subject property and shall be binding upon and inure to the benefit of each successive owner of the Subject Property and his heirs,successors,and assigns during his ownership thereof. 1. The Covenantor agrees to waive the right to protest and agrees to support any improvement district or underground utility district formed for the purpose of undergrounding the existing overhead utilities; and 2. The Covenantor agrees to install conduit of sufficient size and number(to be determined by the utility companies)to accommodate the future undergrounding of existing overhead utilities upon written notice by the Director of Public Works or agrees to reimburse the district for all costs associated with the installation of the required conduits; and 3. In the event that the Covenantor fails to install the prescribed conduits or pay the cost and expenses of the conduit installation,the costs and expenses of the installation shall be a lien on the subject property. The lien shall not be released until all such costs and expenses, included accrued interest, are paid in full. 4. The conditions of this Statement are intended to benefit both the Subject Property,the public and public properties. Accordingly,it is agreed that the City of Fresno shall have the right to enforce this Statement by any legal or equitable means against the Covenantor and such person or persons in actual possession of the Subject Property who directly or who through any agent violate the terms hereof. The City shall be entitled to costs and reasonable expenses and fees,including reasonable attomeys'fees,which may be incurred in successfully enforcing this Agreement against the Covenantor. 2 5. The Covenant shall be released of no further effect upon a written determination by the undersigned and the Director of the Public Works Department of the City of Fresno that its continued existence and enforcement are no longer necessary. 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 affect the validity or enforceability of any other provision hereof. Whenever the context of the statement so requires, in interpreting this Statement, any gender includes the other genders,the singular includes the plural and the plural includes the singular. Dated: \JUU_X--- 2006 CITY OF FRESNO: COVENANTOR: a Municipal Corporation SSBI Stonemark Homes, L.P., a California Limited Partnership By: AlrE. kwtj By: GP Stonemark Homes, LLC Mike T. Kim, P.E. Its: General Partner Assistant Director By: APPROVED AS TO FORM: Randy L. Bailey,Vice President Sat Sangat Bhavan, Inc., Sole Member James C. Sa hez Ci ttom (Attach Notary Acknowledgement) t puty City Attorney Mailing address: 9252 Chesapeake Drive, Suite 100 San Diego, Ca. 92123 ATTEST: REBECCA E. KL ISCH City Clerk By: ' putt'£i C Covenants Underground UNlldes Trod 3409 gw 6/9/08 3 7 , V CLERK'S CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF FRESNO ) CITY OF FRESNO ) On I At L7 , 2006, before me, personally appeared Mike T. Kim, PE Assistant Public Works Di actor 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(s) 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 By: eputy Ci e SUBORDINATION The undersigned as holder of the beneficial interest in and under that certain Deed of Trust recorded on 60-6-V)O—v- I Z0 cS.- ,2006, in the office of the Fresno County Recorder in Book , page ( ocument N . t2*4f'oo?3Ltd`j 3 C�pf which the Degd of Trust in by and between S fofir� , as Trustor, ,c h , as Trustee, and ` �l- Ben clary, hereby exprlessly subordinates said Deed of Trust and its beneficial interes thereto to the foregoing Statement of Covenants. Dated: 2006 BY• (In6dirhame and title) K. vice, R(5 d (Attach Notary Acknowledgement) STATE OF CALIFORNIA ) ) ss: COUNTY OF SAN DIEGO ) On this_June 19, 2006 before me,Nicole Bussey, a Notary Public personally appeared —Randy L. Bailey,personally known to me(or proved to me on the basis of satisfactory evidence) to be the person whose name is/ak_subscribed to the within instrument and acknowledged to me that he/sl�xecuted the same in his/l;&/Q(vff authorized capacity(3ejL and that by his/l*4DAr.signatureW on the instrument the person(gkor the entity upon behalf of which the persondl-=ted, executed the instrument. WITNESS my hand and official seal. n{ , t, t ' Signature ANL unity - c,�,.,. STATE OF CALIFORNIA ) ss. COUNTY OF `i 111 1 On t 12, , 2006, before me, An, / a Notary Public, personally appeared j f._V49 (�_ j lei personally known to me ( to be the persoryKwhose nameo�' $4W subscribed to the within instrument and acknowledged to me that�e she/On�y executed the same in Wher/tl>ir authorized capacity and that by /her/tom signatures'on the instrument the person}; or the entity upon behalf of which the person*acted, executed the instrument. AMY I.JONN 55MS WITNE my hand and official seal. Hot San DW90 County %rimy Comm.Expkes Feb 56 2009 Not Publ'