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HomeMy WebLinkAboutT-5977 - Agreement/Covenant - 9/15/2011 a WHEN RECORDED MAIL TO: 09/1512011120110122706 City Clerk City of Fresno 2600 Fresno Street Fresno, CA 93721-3603 NO FEE - Government Code 6103 CITY OF FRESNO LL O Public Works Department Z 0 0 W Q W J a STATEMENT OF COVENANTS AFFECTING LAND DEVELOPMENT FOR THE MAINTENANCE OF CERTAIN IMPROVEMENTS FOR THE FINAL MAP OF TRACT NO. 5977, PHASE 2 OF VESTING TENTATIVE MAP NO. 5966/UGM STATEMENT OF COVENANTS CFD-11 Maintenance Tract No. 5977 Page 2 RECITALS WHEREAS, BN Hudson Ranch L.P., a California Limited Partnership, hereinafter 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 75, inclusive, of the Final Map of Tract No. 5977, according to the map thereof recorded on /S ;O#n Volume &Z of Plats at Page(s) Fresno County Records; and WHEREAS, the Covenantor hereby warrants that any and all parties having record title interest in the Subject Propertywhich 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. 13000 of the Fresno City Planning Commission conditionally approved Vesting Tentative Map No. 5966, hereinafter referred to as the "Tentative Map;" and WHEREAS, a condition of approval of the Tentative Map requires the Covenantor to install and maintain certain improvements within the limits of the Tentative Map, more particularly described in EXHIBIT "A" attached hereto and incorporated by reference as if fully set forth herein; 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 of Fresno's ("City's") Community Facilities District; and WHEREAS, Covenantor has elected to satisfy this maintenance condition by annexing the Subject Property into the City's Community Facilities District; and WHEREAS, Covenantor has requested the City to annex the Subject Property into the City's Community Facilities District No., 11. STATEMENT OF COVENANTS CFD-11 Maintenance Tract No. 5977 Page 3 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. Such improvements will be designed and installed according to 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. 11. 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 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. 7. If either party is required to commence any proceeding or legal action to enforce or interpret any term or condition of this Statement of Covenant, the prevailing party in such proceeding or action shall be entitled to recover from the other party its reasonable attorney's fees and legal expenses. For the purposes of this Statement of Covenant, "attorneys' fees" and "legal expenses" include, without limitation, paralegals' fees and expenses, attorneys, consultants fees STATEMENT OF COVENANTS CFD-11 Maintenance Tract No. 5977 Page 4 and expenses, expert witness fees and expenses, and all other expenses incurred by the prevailing party's attorneys in the course of the representation of the prevailing party in anticipation of and/or during the course of litigation, whether or not otherwise recoverable as "attorneys' fees" or as "costs" under California law, and the same may be sought and awarded in accordance with California procedure as pertaining to an award of contractual attorneys' fees. 8. The waiver by either party of a breach by the other of any provision of this Statement of Covenant shall not constitute a continuing waiver or a waiver of any subsequent breach of either the same or a different provision of this Statement of Covenant. No provisions of this Statement of Covenant may be waived unless in writing and signed by all parties to this Covenant. Waiver of any one provision herein shall not be deemed to be a waiver of any other provision herein. STATEMENT OF COVENANTS CFD-11 Maintenance Tract No. 5977 Page 5 DATED: CITY OF FRESNO, COVENANTOR a Municipal Corporation BN Hudson Ranch L.P., Public Works Department a California Limited Partnership Patrick Wiemiller, Director By: Bonadelle Homes, Inc., a California Corporation as the sole Gener a tner By: Scott Mozier, P.E., Assis t Director By: _ / <q7 John . onadelle, resident APPROVED AS TO FORM: JAMES C. SANCHEZ City Attorney (Attach Notary Acknowledgment) By: n n Caffin uty i ttorney U Date: STATE OF CALIFORNIA, COUNTY OF Fresno On August 10, 2011 , before me, Area M. Renm, �bt= Public a Notary Public, personally appeared Jdm A. Barndel P who proved to me on the basis of satisfactory evidence to be the person()whose name(A is/ate subscribed to the within instrument and acknowledged to me that he/sheft l executed the same in his/herr e�authorized capacity(ias), and that by his/he rein signature( on the instrument the person($), or the entity upon behalf of which the person( acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. (Notary seal or stamp) WITNESS my hand official seal. ANNA M.RENNA Signator VA COMM.#1759837 NOTARY PUBLIC•CALIFORNIA Li FRESNO COUNTY F P My Comm.Expires Aug.30,2011 CLERK'S CERTIFICATION State of California ) County of Fresno ) On August 29, 2011 before me, Sherrie L. Badertscher, Deputy City Clerk, personally appeared, Scott Mozier, PE, Assistant Director, Public Works Department, who 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 behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal REBECCA E. KLISCH, CMC City Clerk, City of Fresno G�1 y OF FR4,0 By Deputy to OC,,+4' SUBORDINATION The undersigned as holder of the beneficial interest in and under that certain Deed of Trust recorded on April 01. 2011 , in the office of the Fresno County Recorder as Document No. 2011-0045562 of which the Deed of Trust in by and between: BN Hudson Ranch LP a California limited partnership as Trustor, First American Title Insurance 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 Certain Improvements for the Final Map of Tract No. 5977, Phase 2 of Vesting Tentative Map No. 5966/UGM. DATED: August 18, 2011 BENEFICIARY Housing Capital Company A Minnesota Partnership By: DFP Financial, Inc. A California Corporation Its Managing General Partner By: Z- J s R. Subia, Vice resident (attach Notary Acknowledgment) STATE OF CALIFORNIA, COUNTY OF Fresno On Agust 18, 2011 , before me, pyn M. Ronna a Notary Public, personally appeared Jason R. Subia who proved to me on the basis of satisfactory evidence to be the person( whose name(4 is/aT-e subscribed to the within instrument and acknowledged to me that he/she/ executed the same in his/her tpreir authorized capacity(igs), and that by his/lief4k-@4 signature(a) on the instrument the person(, or the entity upon behalf of which the personv) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. (Notary seal or stamp) WITNESS my hand and (ficial seal. Signature PFk�� ANNA M. RENNA P COMM.#1759837 Y NOTARY PUBLIC-CALIFORNIA • FRESNO COUNTY My Comm.Expires Aug,30,2011 EXHIBIT "A" Covenanter's Initial Date NOTICE OF SPECIAL TAX COMMUNITY FACILITIES DISTRICT NO. 11 COUNTY OF FRESNO, CALIFORNIA TO: THE PROSPECTIVE PURCHASER OF THE REAL PROPERTY KNOWN AS: Tract No. 5977, Lot No.: 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$595.00 during the 11-12 tax year(valid through June 30, 2012.) The maximum special tax shall be adjusted annually by +3% plus 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: Final Tract Map No. 5977 is the second and final phase of Vesting Tentative Tract Map No. 5966 and will share equally in the maintenance of all associated facilities within this subdivision. Maintenance includes all landscaping and hardscaping located within Outlot A and B, entrances of Whitney and Pinehurst and along the frontages adjacent to Chestnut and International Avenues, and all interior curbs and gutters, valley gutters, curb ramps, sidewalks, street lights, street signage and street trees along the local streets within Vesting Tentative Tract Map No. 5966. 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 42 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: uyer:Seller: Buyer: