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1985-0604_CAPISTRANO ASSOCIATES_Development Agreement (2)RECORDING REQUEST- BY AND WHEN RECORDED RE# TO: EXEM City of San Juan Capistran C %, 32400 Paseo Adelanto RECORDING FEES EXEMPT DUE TO ¢OVERNMENTAWDE SECTION 6103 San Juan Capistrano, CA 92675 MARY ANNER, CITY CLERK CITY CLERK'S DEPARTMENT CITY OF N JUAN CAPISTRANO DEVELOPMENT AGREEMENT THIS AGREEMENT is made by and between the City of San Juan Capistrano, a municipal corporation, hereinafter referred to as "City" and Capistrano Associates, a California Partnership, hereinafter referred to as "Developer". WITNESSETH: N IV to 04 05 Q7 QD WHEREAS, City will issue grading Permit No. 0341G to Developer to construct certain designated improvements, more particularly described in Exhibit "A" attached and incorporated herein by reference, which said improvements constitute an industrial center at the location of 32911 Calle Perfecto, near Avenida Aeropuerto, and WHEREAS, San Juan Capistrano Municipal Code 8-5.10(a) requires the posting of financial security to secure the faithful performance and labor and materials for the installation of improvements connected with the issuance of grading permits. NOW, THEREFORE, in consideration of the premises and promises hereinafter contained City and Developer agree as Follows: 1. Developer's Improvements Obligations. Developer shall, at its sole cost and expense, provide and furnish all labor, materials and equipment for the installation of improvements set forth in Exhibit "A". The grading permit and Engineering and Grading plans which further define the improvements in Exhibit "A" are on file in the office of the City's Building Official, and are incorporated herein by reference. 2. Developer's Security. Developer shall provide to City bonds by a duly authorized corporate surety, subject to the approval of City's City Attorney, to secure Developer's improve- ment obligations required under this agreement. The amount of the bonds shall be $120,000.00 (Item 1), and $215,000.00 (Item 2). The bonds shall provide that the Surety shall pay attorney's fees incurred by City in enforcing the development agreement and Surety Bond. The total amount of the bonds covered by this agreement shall be $335,000.00. 3. Timeframe for Completion of Improvements. Improvements described as Items 1 and 2 in Exhibit A shall be completed as follows: Item 1: 6 months after issuance of grading permit. Item 2: 12 months after issuance of grading permit. j - Page 1 of 3 CORPORATE ACKNOWLEDGMENT State of California SS. County of Orange OFFICIAL SEAL MARY A CARLSON NOTARY PUBLIC - CALIFORNIA ORANGE WIRM My CMM 04rea JAN 5, 1988 85�227ss8 On this the 5thday of Mary A. Carlson the undersigned Notary Public, personally appeared Phillip R. Schwartze NO. 202 19 85 , before me, [R personally known tome ❑ proved tome on the basis of satisfactory evidence to be the person(E) who executed the within instrument as a1 Mayor or on behalf of th�i Muni 4terein manic} a4 named, and acknowledged to me that theAorporatl executed it. WITNESS my hand and official seal. 0 4. Developer Default. In the event complete the required improvements within abandons the project site, or does no work 60 days during the term of this agreement, right to immediately declare a default and surety for performance. 85--227659 Developer does not the time required, or for a period exceeding City shall have the to make demand on the 5. Attorney's Fees. Developer agrees to pay City such sum as the Court may adjudge as reasonable for the legal services of any attorney representing the City in any action brought to enforce or interpret the obligations of this agreement, and such sum shall be made a part of any judgment in such action against the developer if such action is determined in favor of said City. 6. Developer's Work in Safe Condition. Developer shall perform all work in a safe, workmanlike manner and shall take such precautions as may be necessary to warn and protect the public from any dangerous condition caused by the construction of said improvements. 7. Liability. Developer shall hold City, its officers and employees harmless from any and all claims, demands, causes of action, liability or loss of any sort because of, or arising out of, the acts or omissions of the Developer, his contractor, sub -contractors, agents or employees in the performance of this agreement. In Witness Whereof, the parties have executed this agreement as of June 4, 1985 at San Juan Capistrano, California. Capistrano Associates, Developer By: LA Z, NSC f SIU rraadmorc h. miller Title: General Partner City of San Juan Capistrano, City By: Tit By: Titl eneral Partner Tit APPROVED AS TO FORM: c;4k,11 — JOH S AW, CITY ATTORNEY ATTEST: Mary An Ha ver, City Clerk By Cheryl Johnson, Deputy City Clerk Page 2 of 3 CORPORATE ACKNIOWLEDGME.-NT State Of CAI ifn nia j ss. County of Orange 7FJOTAAL SEAL LSON m LIFORNIA rNTYJAN 5, 1988 NO. 2022 On this the 5thday of June 1g 85 before me, Mary A. Carlson the undersigned NotaryPublic, personally appeared Cheryl Johnson p personally known to me ❑ proved tome on the basis of satisfactory evidence to be the person(s) who executed the within instrument as �p 1 Deputy City Clerk or on behalf,of thorporanon therein munici named, and acknowledged to me that thercorporatfbn executed it. WITNESS my hand and official seal. Notaryti g Sirature NATIONAL NOTARY ASSOCIATION • 23012 Ventura Blvd. • P.O. Boz 4625 • Woodland Hills, CA State of _ �i o!<'' ni On this the _77 �Jday of 191—r, before me, SS. I County ofr'2 L rV/ , the undersigned Notary Public, personally appeared OFFICIAL SEAL personally known to me JO C CANNAN ❑ proved to me on the basis of satisfactory evidence W. la NOTARY nUBLIC -CALIFORNIA to be the person(s) who executed the within instrument on behalf of the part ORANGE CAUNTY My comm. expires JUL 4, 1987 WITn'.errs�shi��p, and acknowledged to me that the partnership executed it. WIT,NeSS ryy hand agd-official L ' . re PARTNERSHIP ACKNOWLEDGMENT FORM 7130052 NATIONAL NOTARY ASSOCIATION• 23012 Ventura Blvd.• Woodland Hills, CA 91364 CORPORATE ACKNOWLEDGMENT NO. zox Stateof California SS. County of orange I OFFLCiAL SEAL MARY A CARLSON NOTARY PUBLIC - CALIFORNIA ORANGE COUNTY My comm. expires JAN 5, 1988 On this the 20thday of June 19-S-5, before me, Mary A. Carlson the undersigned Notary Public, personally appeared N. S. Cochran lK personally known tome ❑ proved to me on the basis of satisfactory evidence to be the person(s) who executed the within instrument as Building Official or on behalf of thqfW3'O�f'i therein mun> c(1 a named, and acknowledged tome that the corpora I n executed it. WITNESS my hand and official seal. 4525 0 a 85--227658 EXHIBIT "A" (CAPISTRANO ASSOCIATES IMPROVEMENTS) ITEM 1: Construction of all on-site Grading (cut and fill) operations in accordance with, and to comply with requirements.of Developer's "Precise Grading Plan" and "Rough Grading Plan" Tract 10564, Lots 2-16, Sheets 1 through 4 dated January 1985 and supporting documents (Geotechnical investigation report, Structural analysis, etc.). ITEM 2: Construction of all on-site improvements in accordance with Developer's "Precise Grading Plan" and "Rough Grading Plan"; Tract 10564, Lots 2-16, Sheets 1 through 4 dated January 1985; including but not limited to: street improvements, storm drains, and area drainage system. Page 3 of 3 utD IN OFF ORAORAOFFICIAL RECOR� NGE COUNTY CALIFORNIA. -12 50 PM JUN 21 '85 COUNTY RECORDER 0 0 6. APPROVAL OF ON-SITE DEVELOPMENT AGREEMENT. TRACT 10564 As set forth in the Report dated June 4, 1985, from the Director of Community Planning and Development, the Development Agreement between the City and Capistrano Associates, which defines the amount of the required grading bond, sets time limits for work completion, and specifies the conditions and obligations of both parties in the event the work is not satisfactorily completed, was approved. The Mayor and City Clerk were authorized to execute the Agreement on behalf of the City; the City Clerk was directed to forward the Agreement to the Orange County Recorder's Office. 40* rA L AGENDA ITEM TO: Stephen B Julian, City Manager FROM: Thomas G. Merrell, Director Community Planning and Development 0 June 4, 1985 SUBJECT: Execution of Development Agreement for Grading and On -Site Improvements (Capistrano Associates) SITUATION The San Juan Capistrano Municipal Code requires that a grading bond be posted as a condition for issuance of a grading permit. Because of the size, value and complexity of the Capistrano Associates development being undertaken, a Development Agreement between the City and Capistrano Associates was also prepared which defines the amount of the required grading bond, sets time limits for work completion, and specifies the conditions and obligations of both parties in event the work is not satisfactorily prosecuted and/or completed in accordance with the agreement. This Development Agreement was approved by the City Attorney and has been executed by authorized officers of Capistrano Associ- ates. It is submitted herewith for acceptance by the City Council and for execution by the Mayor. COMMISSION/BOARD REVIEW, RECOMMENDATION Not applicable. FINANCIAL CONSIDERATIONS None. ALTERNATE ACTIONS 1. Accept the attached Development Agreement and direct that it be executed and recorded. 2. Accept the attached Development Agreement with modifications. 3. Request further information. ,NCGL ,AGENIDA .�.� m• 0 Agenda Item -2- June 4, 1985 RECOMMENDATION Accept the attached Development Agreement, authorize that it be executed by the Mayor and direct that it be recorded by the City Clerk. Respectfully submitted, Thomas G. Merrell, Director Community Planning and Development ✓PYA TGM:NSC:tab Attachment BOND NO: 133561 PREMIUM: $3,350.00 EXECUTED IN TRIPLICATE PERFORMANCE BOND GRADING BOND KNOW ALL MEN BY THESE PRESENTS: That CAPISTRANO ASSOCIATES, a General Partnership as Principal, hereinafter called DEVELOPER, and INSURANCE COMPANY OF THE WEST , as Surety, hereinafter called SURETY, are held and firmly bound unto the City of San Juan Capistrano, as Obligee, hereinafter called CITY, in the amount Of THREE HUNDRED THIRTY-FIVE THOUSAND AND NO/100--- ($335,000.00) ------- Dollars for payment whereof Developer and Surety bind themselves, their heirs, executors, administrators, successors, and assigns, jointly and severally, fairly by these presents. WHEREAS, Developer has by written agreement dated May 7, 1985 , entered into a (describe agreement) DEVELOPMENT AGREEMENT GRADING IMPROVEMENTS AT 32911 CALLE PERFECTO, NEAR AVENIDA AEROPUERTO GRADING PERMIT NO. 0341G which contract is by reference made a part hereof, NOW, THEREFORE, the condition of this obligation is such that, if Developer shall promptly and faithfully perform said agreement, then this obligation shall be null and void; otherwise it shall remain in full force and effect. Surety waives whatever legal right it may have to require that a demand be made first against the principal in the event of default. BE IT FURTHER RESOLVED, that: 1. As a part of the obligation secured hereby, and in addition to the face amount specified therefore, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City and successfully enforcing such obligation, all to be taxed as costs and included in any judgement rendered. 2. Said Surety for value received, hereby stipulates and agrees that no change, extension of time, alteration, or modification of the contract documents or of the work to be performed thereunder, shall in any way affect • aNO: 133561 its obligations or this bond, and it does not hereby waive notice of any such change, extension of time, alterations, or modifications of the contract documents or of work to be performed thereunder. Executed this 15th day of May 19 e5 at Costa Mesa , California. PRINCIPAL CAPISTRANO ASSOCIATES, a General Partnership n (NOTARIZATION) SURETY INSURANCE COMPANY OF THE WEST By.- '' Mary A. en ttor ne -in-Fact (NOTARIZATION AND SEAL) ACKNOWLEDGMENT BY CORPORATE SURETY State of California County of Orange OFFICIAL SEAL JUDITH K. CUNNINGHAM W �m NOTARY PUBLIC - CALIFORNIA PRINCIPAL OFFICE IN ORANGE COUNTY MY COMMISSION EXPIRES SEP. 30, 1988 On Msy 15, 1905 , before me, the undersigned, ? ss. .a Notary Public of said county and state, personally appeared Nosy A JQAAV , personally known to me to be the Attorney -in -Fact of rHanokwu MUPAM At TtM k=T the Corporation that executed the within instrument, and known to me to be the person who executed the said instrument on behalf of the Corporation therein named, and acknowledged to me that such Corporation executed the same. 7 /� NOTA UBLI GENERAL ACKNOWLEDGMENT State of Cal ; forn; a On this the _20_ day of May 19$5„ before me, SS. County of Orange Jo C. Cannan the undersigned Notary Public, personally appeared Bradford H. Miller ;p personally known to me OFFICIAL SEAL ❑ proved to me on the basis of satisfactory evidence "' ' JO C CANNAN E% �^ FIOTAPY PUBLIC • CAUfORNIA to be the person(s) whose name(s) ; G subscribed to the i' oeaece COUNty within instrument, and acknowledged that be executed it. My comm. expires JUy\�.4�GB3j WITNE yhanda official al. NO, 201 TI10 122 NATIONAL NOTARY ASSOCIATION • 23012 VenWle BNE. • P.O. 130K 4825 • Nbodla W Hills, CA 81384 Ineince Company of the V*St BIOME OFFICE SAN DIEGO, CALIFORNIA cormsed Copy of POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the Insurance Company of the West, a Corporation duly organized and existing under the laws of the &ata of California and having its principal office In the City of San Diego. California. don hereby nominate. constitute and appoint. F. i:. Legrand, - Francis G. Jarvis, Jr., — Mary A. Jenny in true end lawful Anwrrvbl-in-fere, with full Dom? "authority Mn ry conferred In its name, plan "stead. to execute, Beal, acknowledge and deliver any and NI bonds, undertakings, recognixana s or other written obligations in the nature thereof —» ----- This Poway of Attorney is granted and L signed and esaied by facsimile under and by ebe authority of the following Resolution adopted by the Board of Directors of the Insurance Company of the West at a meeting duly called and held on the 0th day of February. 1973, which said Resolution has not been amended or rescinded and of which the following is a true, full. and complete copy: -RESOLVED- That the President or Secretary may from time to time appoint Attorneys -lo -Fact to represent and act for and on behalf of the Company, and either the President or Secretary, the Rood of Directors or £zecutive Committee may at any time remove such Attorneys. in -Fact and revoke the Power of Attorney give him or her; and be it Author "RESOLVED: That the Attorneys -in -Fact may be given full power to execute for and in the name of and on behalf of the Company any and All bonds and undertakings to the business of the Company may require, and any such bonds or undertakings executed by any such Attorney in -Fact shall be as binding upon the Company as if signed by the President and sealed and attested by the Secretary." IN WITNESS WHEREOF, Insurance Company of the West has caused its official seal to be hereunto affixed and them presents to be signed by its duly authorised officers this birth day of June 19-Ml— INSURANCE 9 78 INSURANCE COMPANY OF THE WEST wssrµr4. A prANo4w?L wets t'� GGsotMe esident STATE OF CALIFORNIA COUNTY OF SAN DIEGO) BS: On this Sixth day of Jam ♦.D., 19_jL_ before the subaeriber, a Notary Public of the State of California, in and for the County of San Diego, duly commissioned and qualified, came JAMES B. RATHBUN President, of INSURANCE COMPANY OF THE WEST, to rex personally known to be the individual and officer deacribd in and who executed the preceding instrument, and he acknowledged the execution of the same, and being by me duly worn, deposeth and saith, that he is the said officer of the Corporation aforesaid, and that the seal affixed to the preceding instrument is the Corporate Sul of the said Corporation, and that the said Corporate Seal and his signature As such officer were duly affixed and subscribed to tM said instrument by the authority and direction of the said Corporatim. 1N WITNESS WHEREOF. I have hereunto set my hand and affixed my Official Sul, at the City of San Diego, the day and year fust above written. erncaL saAL CAROLE POWER NOTARY ►U9tIC • CALIFORNIA PrincipalOffice. Ln Digo Ca Wit. Com Yy Commission r+D. Oct 10. 1961 G� NE Notary Public STATE OF CALIFORNIA I COUNTY OF SAN DIEGO 1, the undersigned, Richard S. Ring Secretary of the Insurance Company of the West do hereby cortify that the original POWER OF ATTORNEY. of which the foregoing is • lull, true and correct copy. is in &D fora and affect, and has not been revoked. IN WITNESS WHEREOF. I Wwe hereunto wsbsco bd my name as Secretary, and affixed the Corpomts Sul of the Corporatim ahs. 15th dayof tiav tg fi5 _ wttraara eoW eat 27 etta t� lltente I Z460 SAN JUMCCAPSTRA CA .LFOOW l♦ 92675 June 6, 1985 Capistrano Associates One Brookhollow Drive Santa Ana, California 92705 Re: Gentlemen: The City Council of the City of San Juan Capistrano at its regular meeting held June 4, 1985, took the following actions: 1. Approved the Development Agreement between the City and Capistrano Associates regarding the property at 32911 Calle Perfecto. 2. Adopted Resolution No. 85-6-4-3 ordering the vacation of a portion of Calle Aviador from its presently constructed terminus to the intersection with Calle Perfecto. An executed copy of the Development Agreement is enclosed for your information. The original has been forwarded to the County Recorder. A copy of Resolution No. 85-6-4-3 is enclosed for your information. A certified copy of this Resolution has also been forwarded to the County Recorder. Thank you for your cooperation. If you have any questions, please do not hesitate to call. Very truly yours, 2� MARY ANN ANOVER, CMC City Clerk MAH/mac Enclosures CC: Director of Community Planning and Development Director of Public Works