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1979-0707_BENCH, GARY K._Transmittal Agr to Gary BenchSAN <6U PwsKo!Ao6,A� Q� PIS TRANO; CgL4'P 01 92675 July 19, 1976 Mr. Gary K. Bench Po• -Sax 7df �es#a-.A4aca, California S 3't Re: Agreement for Postponement of Installation of Underground Utilities Dear Mr. Bench: At their meeting of July 7, 1976, the City Council approved the Agreement for the postponement of the installation of public utilities in connection with your property at 31527 Aguacate Road. Enclosed is your fully -executed copy of said Agreement. Very truly yours, (MRS) MARY ANN HANOVER City Clerk MH/m Enclosure cc: Director of Public Works AGH_EE,OT RELATING TO THE POSTPO",ENT OF REQUIREMENT TO INSTALL PUBLIC IMPROVEMENTS This agreement is made as of this 7th day of July , 1976 , by and between the Cit y of San Juan Capistrano, hereinafter called "CITY" and GARY K. BENCH hereinafter called "Developer'. W I T N E S S E T H: WHEREAS, Developer is the owner of certain property in the City of San Juan Capistrano described as: and, Assessor's Parcel 649-101-05•, also known as 31527 Aguacate Road, San Juan Capistrano, California; WHEREAS, Dc✓eloper seeks the permission of the CITY to: Postpone the installation of underground public utilities; and, WHEREAS, the use contemplated by Developer will add to the municipal. responsibilities of an require further municipal services from CITY; and WHEREAS, Developer should properly undertake his share of the aforesaid additional burdens; and WHEREAS, the City Council has heretofore declared that all overhead utilities within the City of San Juan Capistrano will, at an appropriate time, be placed underground; and WHEREAS, the requirement that Developer underground the existing overhead utilities is a reasonable condition to the granting of authority herein sought; and WHEREAS, Developer desires to postpone the actual installation and dedication of said improvements until such time as CITY shall require them. NOW THEREFORE, Developer hereby agrees that the existing utility lines will be placed underground upon call of the CITY and declares that all of the property herein described is and shall be held, conveyed, h}'pothecated or incumbered, leased, rented, used, occupied and improved sub}ect to the following covenants, which shall run with the land and shall be binding upon all parties having or acquiring any right, title or interest in said lands or any part thereof; �O 1. Devel br, his successors and a-*gns, covenant and agree that the utility lines depicted on Exhibit A attached hereto and by this reference made a part hereof, shall be placed under- ground on call of the CITY; 2. Accordingly, Developer further covenants and agrees that no protest shall be made to any proceedings for the instal- lation of underground utilities, under any special assessment (proceedings, whether conducted pursuant to the Improvement Act of 1911 or the Municipal Improvement Act of 1.913, or any other applicable state or local law., and whether processed by the CITY or any other governmental entity having-urisdiction in the matter and for the purposes of determining property owners' support for such proceedings. This agreement shall be binding upon and inure to the benefit of the parties hereto, their successors and assigns, IN WITNESS WHEREOF, the parties have exp-uted this agreement as of the date first above written. CITY OF SAN JUAN CAPISTRANO By 4_ 6&4v_ �— MAYOR DEVELOPER GARY IV..BENCH ATTEST: iARY ANN %HOVER, CITY CLE'dK Approv d as to Form: �•iEs s. o�:aza�:l -2-