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1991-0603_HARIN, D_Surety AgreementSURETY AGREEMENT FOR GRADING AND PROPERTY RESTORATION THIS AGREEMENT is made by and between the CITY OF SAN JUAN CAPISTRANO, a municipal corporation, hereinafter referred to as the "City" and David Harbin, referred to as "Developer". WITNESSETH WHEREAS, City will issue Grading Permit No.21657-B and Building Permit No. 21659-B to Developer to construct certain designated improvements, more particularly described in Exhibit "A" attached and incorporated herein by reference, which said improvements constitute a portion of that real property commonly referred to as 31641 Avenida Evita. WHEREAS, San Juan Capistrano Municipal Code 8-3.05 requires the posting of financial security to secure the faithful performance and labor and materials for the grading and installation of improvements connected with issuance of grading permits. WHEREAS, San Juan Capistrano Municipal Code 8-3.06 authorizes the Building Official to require additional bonding as security to ensure against adverse aesthetic impacts arising from incomplete grading and/or improvements from development projects which have not been completed. WHEREAS, the Building Official finds that the proposed project site is highly prominent and visible to the community, has unique topographic features or involves substantial grading of slope areas. 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 plans, which further defines the improvements in Exhibit "A", are on file in the office of the City's Building Official, and all documents referenced in Exhibit "A" are incorporated herein by reference. 2. Developer's Security. Developer shall provide a letter of credit subject to the approval of the City's City Attorney, to secure Developer's improvement obligations required under this agreement. The amount of the bond shall be $36,000.00 for that work described in Exhibit "A". This security of $36,000.00 shall also serve as security for restoration of the site. A copy of the surety instrument, as approved by the City Attorney, is attached as Exhibit I'D" 3. Completion of Improvements. To ensure the protection of the public safety, health and welfare, Developer shall construct the improvements described in Exhibit "A" in accordance with the schedule as set forth in Exhibit "B", and the conditions as set forth in Exhibit "C". -1- 4. Developer Default. In the event Developer does not complete the required improvements, including erosion -control measures within the time required, or abandons the project site, or suspends work for more than twenty working days other than previously prescribed, City shall have the right to immediately declare a default and to make demand on the surety for performance. 5. Restoration of Site. San Juan Capistrano Municipal Code Section 8-3.06 allows the City to require bonding a security to ensure against adverse aesthetic impacts arising from incompleted grading and/or improvements. The purpose of this bonding shall be to restore the property to its original condition if the Developer defaults. This restoration shall include: Dismantle and/or demolish improvements; 2. Grade property to its original contours as shown on the grading plan referred to in Exhibit "A"; 3. Remove all debris and construction materials from the site; and Install erosion control, including hydroseeding, to the satisfaction of the Building Official. 6. Attorney's Fees. Developer agrees to pay City such sum as the court may adjudge as reasonable for the legal services of an attorney representing City in an 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 Developer if such action is determined in favor of said City. 7. 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. 8. 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 Developer, his contractor, subcontractors, agents or employees in the performance of this agreement. -2- 0 0 In Witness Whereof, the parties have executed this agreement as of _/dN� �� , 19_ZLat San Juan Capistrano, California. Approved s to By: JoMVbtw City oKttorney City of San Juan Capistrano f By: ante V. McFirland Building Official Principal(s) i By: David Harbin Title: Developer By: Title: By: Title: -3- 0 EXHIBIT "A" Harbin Residence 0 ITEM 1: Construction of all on-site grading (cut, fill and slope stabilization) operations in accordance with Grading Permit No. 21657-B and the Developer's plans and supporting documents as listed below: (A) Grading Plan for 31641 Avenida Avita prepared by Valley Consultants, Eugene Bourbornais, RCE No. 31163 dated May 29, 1991. (B) Geotechnical Report for 31641 Avenida Evita prepared by Geo Firm, Inc., Hannes H. Richter, RCE No. 717 dated November 28, 1990. ITEM 2: Construction of all on-site improvements in accordance with Grading Permit No. 21657-B and Developer's grading plans referenced in Item 1 above, including, but not limited to: driveways, parking areas, retaining walls, terrace drains, down drains, subdrains, area drainage systems, and private storm drain systems not a part of Developer's Improvement Plans filed with City Engineer. GM E 0 EXHIBIT 'B" SCHEDULE FOR COMPLETION OF IMPROVEMENTS Completion Date Task 6/15/91 Rough Grade Certification 7/l/91 Foundation 9/1/91 Rough Plumbing 9/1/91 Rough Electric 8/15/91 Structural Framing 11/15/91 Structural Final 11/15/91 Mechanical Final 12/15/91 Plumbing Final 12/15/91 Electrical Final -5- 0 EXHIBIT "C" CONDITIONS FOR COMPLETION OF IMPROVEMENTS A. The grading for this project shall be in strict conformance with the grading plans and related documents as described in Exhibit "A" and Grading Permit No. 21657-B. B. Grading operations shall commence within fourteen (14) calendar days after issuance of Grading Permit No. 21657-B . Winter grading will be conducted in strict accordance with the dynamic erosion - control plan submitted by the developer, and approved by the City. This erosion - control plan reflects erosion mitigation measures for expected grading conditions as the work progresses through the winter season and shall not be amended except with the permission of the City. In the event Developer does not wish to implement winter grading, or permission for winter grading is rescinded, static erosion -control plans reflecting current conditions of grading shall be submitted within ten (10) days of cessation of work. These plans shall include erosion -control planting as required by the City. C. Except as specified in "E" below, suspension in excess of twenty (20) working days of work authorized by Grading Permit No. 21657-B and Building Permit No. 21659-B , including erosion -control measures and landscaping and irrigation, shall constitute default of this agreement. D. Contractor shall control dust to satisfaction of Building Official or his deputy. During grading, Contractor shall keep water truck on site and dampen work area, grounds, and loaded trucks. E. Grading operations suspended during the rainy season shall be resumed no later than 15 days from date of suspension. F. Installation of interim erosion control devices and systems shall commence within seven (7) days after rough grade certification has been approved by the Building Official and must be completed within fifteen (15) days of rough grade certification. Final erosion control landscaping and irrigation systems shall be installed prior to final inspection of the grading permit. G. All work shall be performed in strict observation of the Hours of Operation in accordance with San Juan Capistrano Municipal Code Section 8-107. H. Parking for construction crew is to be on site. onuo us¢ Is April 24, 1992 Mr. David Harbin P.O. Box 26229 Santa Ana, CA 92799 Re: Dear Mr. Harbin: (f • 1[O ae01mf9 �siwu i.m 1961 1776 t No. 1027 - Security for MEMBERS OF THE CITY COUNCIL JERRY HARRIS KENNETH E FRIESS GARY HAUSGORFER GIL JONES JEFF VASQUEZ CITY MANAGER STEPHEN B JULIAN Attached is your Irrevocable Letter of Credit No. 1027 issued by Farmers and Merchants Bank, in the amount of $36,000.00. Said Irrevocable Letter of Credit was given to the City as security for grading and property restoration on property located at 31641 Avenida Evita, San Juan Capistrano. Work has been completed to the satisfaction of the City of San Juan Capistrano and Irrevocable Letter of Credit No. 1027 is hereby released. If you have any questions, please do not hesitate to call. 'Verryy_� t'rujlly� yours,, Dawn M. Schanderl Deputy City Clerk Attachment cc: Daniel W. McFarland, Building & Safety Manager Farmers and Merchants Bank This is to acknowledge that I have received Irrevocable Letter of Credit No. 1027 issued by Farmers and Merchants Bank in the amount of $36,00 0. DZrvid Harb n Dated this day of April, 1992. 32400 PASEO ADELANTO, SAN JUAN CAPISTRANO, CALIFORNIA 92675 0 (714) 493-1171 F IMI REQ}f FARMERS & MERCHANTS BANK 302 Pine Ave.. Long Beach. CA . 90802 213. 437. 0011 May 31, lssl STRONG • (O\SERIAT/1'E • FRlli\'OLS' IRREVOCABLE LETTER OF CREDIT N0. 1027 RELEASED City of San Juan Capistrano 32400 Paseo Adelanto San Juan Capistrano, CA 92675 Attn: Dan McFarland Gentlemen: DATE 4 / j to ) qz INmw w ►T>�_ This Letter of Credit is given to fulfill the requirements of that certain letter agreement entered into between the City of San Juan Capistrano, a political subdivision of the State of California, hereinafter referred to as "City", and DAVID F. HARBIN, hereinafter referred to as "Principal" covering grading at 31641 Avenida Evita, grading permit No. 21657B, by Principal and in accordance with said letter agreement. At the request of the Principal, we hereby establish in favor of City and for the account of Principal our Irrevocable Letter of Credit No. 1027, in the amount of $36,000.00 (THIRTY SIX THOUSAND AND N01100 U.S. DOLLARS), to be paid by draft(s) at sight on us if accompanied by the following documents: 1) City's written statement (signed by the City's Building Official or City Attorney) certifying that there has been a failure of the Principal to perform the above agreement. Said statement shall declare the amount of the sight draft on us and that the amount of this draft is, therefore, now due and payable, and 2) This original Letter of Credit Each draft must bear on its face the clause "Drawn under Farmers and Merchants Bank of Ling Beach Letter of Credit No. 1027 dated May 31, 1992." Partial draws are permitted hereunder. We expressly agree with you that all drafts drawn under and in compliance with the terms of this Letter of Credit shall meet with due honor upon presentation in accordance with California Uniform Commerical Code 5112; that is, by not later than the close of the third banking day following receipt of the documents. This Irrevocable Standby Letter of Credit expires at our Main Office counters, 302 Pine Avenue, Long Beach, California 90802 on May 31, 1992; however, it is a condition of this Letter of Credit that it shall be deemed automatically extended without amendment for successive one year periods from the present and all future expiration dates hereof unless 60 days prior to any such date Farmers and Merchants Bank of Long Beach elects not to consider this Letter of Credit renewed for any such additional period. Upon receipt of you of such notice, you may draw on us hereunder by means of your draft on us at sight for the full amount of this Letter of Credit, accompanied by your above noted signed certification and this original Letter of Credit. 0 0 Farmers and Merchants Bank of Long Beach Irrevocable Letter of Credit No. 1027 David F. Harbin May 31, 1991 Page 2 of 2 This Letter of Credit is subject of the Uniform Customs and Practice for Documentary Credits (1983 Revision) International Chamber of Commerce, Publication No. 400 ("UCPA") and to the Uniform Commercial Code of the State of California ("UCC"). In the event of any conflict betwen the UCPA and UCC, the UCC shall prevail and control. Sincerely, i BY":uvu2�FlJ��J' c� 0 0 MEMORANDUM April 16, 1992 TO: Dawn Schanderl, Records Coordinator, City Clerk FROM: Daniel W. McFarland, Building & Safety Manager Department of Engineering and Building SUBJECT: Surety Bond Release Please release performance bond for grading and property restoration as authorized by grading permit No. 21657-B and building permit No. 21659-B at 31641 Avenida Evita, San Juan Capistrano. This bond was secured by irrevocable letter of credit No. 1027 issued by Farmers and Merchants Bank (copy attached). All required work has been completed to the satisfaction of the Building and Safety Division. D WM/st Attachment STATUTORY PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS, that David Harbin , as Principal, hereinafter called CONTRACTOR, and Farmer's Merchant Bank , as Surety, hereinafter called SURETY, are held and firmly bound unto the City of San Juan Capistrano, is Obligee, hereinafter called CITY, in the amount of thirty-six thousand & 00/100 Dollars ($ 36,000.00 ) for payment whereof Contractor and Surety bind them- selves, their heirs, executors, administrators, successors, and assigns, jointly and severally, fairly by these presents. WHEREAS, Contractor is required to provide a faithful per- formance bond pursuant to the statutory requirements of the San Juan Capistrano Municipal Code to guarantee certain work, more particularly described as follows: Grading and property restoration as authorized by grading permit No. 21657-B and building permit No. 21659-B at 31641 Avenida Evita, San Juan Capistrano, California. NOW, THEREFORE, the condition of this obligation is such that, if Principal shall promptly and faithfully perform said statutory obligation, 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, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, 0 0 incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. 2. Said Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or modification of statutory obligation, or of the work to be performed thereunder, shall in any way affect its cbligations or this bond, and it does hereby waive notice of any such change, extension of time, alterations, or modifications, or of the work to be performed thereunder. Executed this day of �Ge� R_ 19 at at �GrLL�r�s� , California. APPROVED (�)L�%AS(�TO, 'FORM. 1�-'S �A � Jolin R. Shaw ty Attorney UliJV I ._ ,Irl ll d.A l� ... Ji.RIL S GS J. ---------------- NOTARY PUBLIC.CALIFORNIA 7 Off OFFICIAL SEAL SANDRA L. THOMAS NotaryPublic -California PRINCIPAL OFFICE IN ORANGE COUNTY MY COMMISSION EXPIRES MAY 23, 1994 PRINCIPAL Bavid Hai Title Conti (NOTARIZATION AND SEAL) Page 2.- STATUTORY PERFORMANCE BOND EMI • RUN[*\ . 1 -- ��, FARMERS & MERCHANTS BANK 7 302 Pine Ave.. Long Beaeh. CA. 90802 213. 437. 0011 May 31, 1991 STROA6 • (0\NER14T1If • IRIVADL)" IRREVOCABLE LETTER OF CREDIT NO. 1027 City of San Juan Capistrano 32400 Paseo Adelanto San Juan Capistrano, CA 92675 Attn: Dan McFarland Gentlemen: This Letter of Credit is given to fulfill the requirements of that certain letter agreement entered into between the City of San Juan Capistrano, a political subdivision of the State of California, hereinafter referred to as "City", and DAVID F. HARBIN, hereinafter referred to as "Principal" covering grading at 31641 Avenida Evita, grading permit No. 216578, by Principal and in accordance with said letter agreement. At the request of the Principal, we hereby establish in favor of City and for the account of Principal our Irrevocable Letter of Credit No. 1027, in the amount of $36,000.00 (THIRTY SIX THOUSAND AND Ab/100 U.S. DOLLARS), to be paid by draft(s) at sight on us if accompanied by the following documents: 1) City's written statement (signed by the City's Building Official or City Attorney) certifying that there has been a failure of the Principal to perform the above agreement. Said statement shall declare the amount of the sight draft on us and that the amount of this draft is, therefore, now due and payable, and 2) This original Letter of Credit Each draft must bear on its face the clause "Drain under Farmers and Merchants Bank of Lnna Beach Letter of Credit No. 1027 dated May 31, 1992." Partial draws are permitted hereunder. Vve expressly agree with you that all drafts drawn under and in compliance with the terms of this Letter of Credit shall meet with due honor upon presentation in accordance with California Uniform Commerical Code 5112; that is, by not later than the close of the third banking day following receipt of the documents. This Irrevocable Standby Letter of Credit expires at our Main Office counters, 302 Pine Avenue, Long Beach, California 90802 on May 31, 1992; however, it is a condition of this Letter of Credit that it shall be deemed automatically extended without amendment for successive one year periods from the present and all future expiration dates hereof unless 60 days prior to any such date Farmers and Merchants Bank of Long Beach elects not to consider this Letter of Credit renewed for any such additional period. Upon receipt of you of such notice, you may draw on us hereunder by means of your draft on us at sight for the full amount of this Letter of Credit, accompanied by your above noted signed certification and this original Letter of Credit. 0 0 Fanners and Merchants Bank of Long Beach Irrevocable Letter of Credit No. 1027 David F. Harbin May 31, 1991 Page 2 of 2 This Letter of Credit is subject of the Uniform Customs and Practice, for Documentary Credits (1983 Revision) International Chamber of Commerce, Publication No. 400 ("UCPA") and to the Uniform Commercial Code of the State of California ("UCC"). In the event of any conflict between the UCPA and UCC, the UCC shall prevail and control. Sincerely, FARUMS AM MFRCHAMS BANE OF LCM BEACH r