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HomeMy WebLinkAboutR-5035 Agreement with Craig Vetter - waterline in Parker Streetlam; RESOLUTION NO. 5035 (1983 Series) A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO APPROVING AN AGREEMENT BETWEEN THE CITY AND CRAIG VETTER FOR CONSTRUCTION OF A WATERLINE IN PARKER STREET. BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. That certain agreement, attached hereto marked Exhibit "A" and incorporated herein by reference, between the City of San.Luis Obispo and Craig Vetter for construction of a waterline in Parker Street, required as a condition of a new building at 2074 Parker Street,under the Quarterly Program is hereby approved and the Mayor is authorized to execute the same. SECTION 2. The City Clerk shall furnish a copy of this resolution and a copy of the executed agreement approved by it to: the property owner, the City Engineer, the Director of Public Works and the Director of Finance. On motion of Councilman Settle , seconded by Councilman Griffin and on the following roll call vote: AYES: Councilmembers Settle, Griffin, Dovey and Mayor Billig NOES: None ABSENT: Councilman Dunin the foregoing Resolution was passed and adopted this 18th day of January , 1983. R. 5035 r, U Resolution No. 5035 (1983 Series) ea4A-t • t City Administrative 0 ficer City A rn Finance Director 1, City En4gineer .D T n AGREEMENT-AFFECTING REAL PROPERTY •^ -- `" THIS AGREEMENT, dated January 18 1983, . for the convenience of the parties hereto, is between THE CITY OF SAN LUIS OBISPO, a municipal corporation, hereinafter called "City ", and Craig Vetter, the fee owner and developer of the real property described in Exhibit "A ", attached hereto, hereinafter called "Developer ". WITNESSETH: In consideration of the mutual benefits, promises and agreements set forth herein, the parties agree as follows: 1. The City agrees to design and contract for the installation of, and assist in funding the following described water system improvements in accordance with Municipal Code Section 7410.9 subsection (1), relating to chain extensions to new customers other than subdivisions, and City Council Resolution No. 4293, adopted on October 28, 1980, which resolution is made a part of this agreement as though specifically set forth herein: a. Construction of approximately 430 feet of 8 inch diameter water line in Parker Street Southerly from High Street. b. Installation of one fire hydrant with connecting lateral and related facilities. C. This project including inspection, engineering, and administration thereof is to be partially financed by the City under provisions of Resolution No. 4293, otherwise known as the "$25,000 Quarterly Funding Program ", to the extent that said funds are available from the second Quarter of the 1982 -83 program. Page Two C� d. The total estimated cost of this project including engineering, inspection and administration is $17,000 of which the City's agreed contribution is to be $12,500. The Developer agrees to pay the balance. ($4,500.00 estimated) 2. Said water system improvements have been determined necessary to provide adequate dependable fire protection for the developer's proposed new structure at 2074 Parker Street. 3. City agrees to prepare plans and specifications providing for the above- described installation to City standards and to call for bids, award a contract and administer the same in accordance with the provisions of Section 724 of the City Charter. 4. Developer agrees to pay the following amounts as his share of the costs for said improvements: a. At the time of signing this agreement, a deposit in the sum of $1700.00 which represents 10% of the estimated total cost for the project. b. Prior to the commencement of the work and immediately following the opening of bids, such additional amount as is necessary to pay for the balance of his share of the actual engineering, administration and contract cost of the project as described in Section 1, paragraph "d" above and as adjusted to conform with the unit prices of the lowest acceptable bid. It is understood that if said balance is not paid to the City within twenty (20) calendar days after notification of the determination of the cost of said work, no improvements will be made and the deposit will be forfeited and retained by the City. Page Three C -' f� c. Any increased costs due to change orders or other unanticipatd expenses occurring during the course of the project shall be paid by the developer within 15 days after notification thereof by the City; changes resulting in cost decreases shall be credited to the developer. 5. For planning purposes, the City estimates that the water system improvement will be completed within six (6) weeks after the contract is awarded, and City agrees to use due diligence in seeking timely contract performance. However, the parties recognize that City cannot guarantee timely performance, and developer agrees that City shall not be responsible for any loss incurred by him as a result of delays in contract completion. Developer also agrees to hold City harmless from all claims by third persons, purchasers or tenants which are based upon delays in performance of the water main construction contract. 6. Developer agrees that he will not. seek a certificate of occupancy and he will not permit others to occupy the project to be constructed by him upon the real property referred to herein prior to the completion of the water system improvements construction contract unless written permission to do so is obtained from the Fire Chief. 7. This agreement, shall be binding upon, and shall inure to the benefit of, the heirs, assigns, and all other successors in interest of the parties. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed. CITY OF SAN LUIS OBISPO: tl llG 1: CHV CLERK PAMELA OGES DEVELOPER: CRAI VETTER Page Four APPROVED: City Administrative Off ice City Attorney l Finance Director 1City Ell Iineer EXHIBIT "A" Legal Description for 2074 Parker St. Portion of Block 152 of theHarford Addition, City of San Luis Obispo as conveyed by Deed recorded as Doc. 12922 on March 25, 1981 in Volume 2314 of Official Records Page 53. A.P. No. 03- 721 -000 77, Fill! A v 1