Loading...
HomeMy WebLinkAboutSubdivision Agreement - Phase 1, developer signedSUBDIVISION AGREEMENT — TRACT 3089 PHASE 1 THIS AGREEMENT ("Agreement") is dated this day of 202 by and between Avila Ranch Developers, Inc., a California Corporation, herein referred to as "Subdivider," and the CITY OF SAN LUIS OBISPO, herein referred to as the "City." RECITALS REFERENCE IS HEREBY MADE to that certain proposed subdivision of real property in the City of San Luis Obispo, County of San Luis Obispo, State of California, a description of which is shown on the Final Map of Tract 3089 Phase 1, City of San Luis Obispo, California, as approved by the City Council on the `- day of QPu"''6s►r' ---202— -OL5. The Subdivider desires that said Tract 3089 Phase 1 be accepted and approved as a Final Map pursuant to the Subdivision Regulations of the City of San Luis Obispo (Title 16 of the San Luis Obispo Municipal Code), and It is a condition of said regulations that the Subdivider agree to install the Improvements as set forth on the approved Subdivision Improvements Plans and Specifications therefore. TERMS AND CONDITIONS: In consideration of the foregoing, the Subdivider does hereby agree to construct and install the following subdivision improvements (collectively "Improvements") in accordance with said subdivision regulations, and in accordance with approved plans and specifications on file in the office of the City Engineer, City of San Luis Obispo, ("Subdivision Improvement Plans and Specifications") to wit: 1 CURB, GUTTERS AND SIDEWALKS 2. STREET BASE AND SURFACING 3. WATER MAINS and SEWER MAINS, including sewer laterals to the property line and water services to the curb stop. 4. LANDSCAPING 5. DRAINAGE STRUCTURES 6. STREET LIGHTS 7. ELECTRIC, GAS, TELEPHONE AND CABLE TELEVISION: In addition to the inspection and approval of such facilities by the City, each public utility shall be required to file a letter stating that the Subdivider has properly installed all facilities to be provided by Subdivider, and that the said utility is prepared to provide service to residents upon request. 8. ANY & ALL OTHER IMPROVEMENTS shown on Subdivision Improvement Plans and Specifications or required by project approvals. All of the above facilities shall be installed in the locations designated and per the Subdivision Improvements Plans and Specifications on file and approved by said City Engineer. The lines and grades for all of said Improvements shall be established by the Subdivider in accordance with the Subdivision Improvement Plans and Specifications. The Subdivider agrees that the work of installing the Improvements shall begin within thirty (30) days from the date of recording of the final map, and that the work shall be completed within twenty-four (24) months of said recording date, unless an extension has been granted by the City, provided that if completion of said work is delayed by acts of God or labor disputes resulting in strike action, the Subdivider shall have an additional period of time equivalent to such period of delay in which to complete such work. Any extension of time hereunder shall not operate to release the surety on the Improvement 2 Security ("Improvement Security shall mean, collectively, the Performance Credit/Bond, Materials Bond, and/or Warranty Bond") filed pursuant to this agreement. In this connection, the surety waives the provisions of Section 2819 of the Civil Code of the State of California. With the exception of thirty (30) building permits for model complex and builder pre - sale purposes, no building permits will be issued, nor occupancy granted after the expiration date of this Agreement, taking into account any authorized extensions, until completion and acceptance of all Improvements unless specifically approved by the City. The Subdivider does also agree to comply with the conditions established by the City Council and has paid the necessary fees as indicated on the attached Exhibits 1 and 2. Setting of new survey monuments or resetting of disturbed monuments shall be in accordance with Article 5, paragraph 8771 et seq., of the Professional Land Surveyors Act, Chapter 15 of the Business and Professions Code of the State of California. The Subdivider attaches hereto, as an integral part hereof, and as security for the performance of this Agreement, instrument(s) of credit or bond approved by and in favor of the City of San Luis Obispo, and conditional upon the faithful performance of this agreement ("Performance Credit/Bond"). Said Performance Credit/Bond shall be in the amount(s) shown in Exhibit 2, which is the amount of the estimated cost of said Improvements. Subdivider agrees to remedy any defects in the Improvements arising from faulty workmanship or materials or defective construction of said Improvements occurring within twelve (12) months after acceptance thereof ("Warranty Period"). In accordance with 3 Sections 66499.7 and 66499.9 of the Government Code of the State of California, upon final completion and acceptance of the work, City will release all but 10% of the Performance Credit/Bond in the form acceptable to the City as a warranty bond ("Warranty Bond"), with that amount being deemed sufficient to guarantee faithful performance by the Subdivider of his obligation to remedy any defects in the Improvements arising within a period of one year following the completion and acceptance thereof. The Subdivider shall submit a formal request to the City at the end of the Warranty Period and City shall provide Subdivider with a comprehensive list of any outstanding defects to be remedied by Subdivider. City shall release the Warranty Bond upon re -inspection and confirmation of the completion of listed repairs. Completion of the Improvements shall be deemed to have occurred on the date which the City Council shall, by resolution duly passed and adopted, accept said Improvements according to said Subdivision Plans and Specifications, and any approved modifications thereto. Neither periodic nor progress inspections or approvals shall bind the City to accept said Improvements or waive any defects in the same or any breach of this Agreement. "AS -BUILT" record drawings are to be submitted within four weeks of completion of construction and prior to City acceptance of the Improvements. If the Subdivider fails to complete the Improvements within the prescribed time, the Subdivider agrees that City may, at its option, declare the Performance Credit/Bond forfeited and utilize the proceeds to complete said Improvements, or City may complete said Improvements and recover the full cost and expense thereof from the Subdivider or his surety. The Subdivider has deposited with the City a labor and materials surety or sureties in the amount of 50% of the Improvements in accordance with State law ("Materials Bond"). Said Subdivider shall pay an inspection fee for City to inspect the installation of said Improvements, and to verify that they have been completed in accordance with the Subdivision Improvement Plans and Specifications If off -site dedication of property is necessary to facilitate the construction of the required Improvements, the Subdivider and City shall adhere to the requirements of Section 6.04 of the Development Agreement adopted by the City Council on October 3, 2017 by Ordinance No. 1639 (2017 Series) with regards to acquiring said off -site dedication. Title 16 of the San Luis Obispo Municipal Code, entitled "Subdivision," all Subdivision Improvement Plans and Specifications on file with said City Engineer as a part of said Subdivision Map, and all other documents filed with the City by the Subdivider and approved by the City Engineer are hereby referred to for further particulars in interpreting and defining the obligations of the Subdivider under this agreement. Pursuant to Government Code Section 66474.9(b), the Subdivider shall defend, indemnify and hold harmless the City and/or its agents, officers and employees from any claim, action or proceeding against the City and/or its agents, officers or employees to attack, set aside, void or annul, the approval by the City of this subdivision, and all actions relating thereto, including but not limited to environmental review ("Indemnified Claims"). The City shall promptly notify the Subdivider of any Indemnified Claim upon being presented with the Indemnified Claim and City shall fully cooperate in the defense against 5 an Indemnified Claim. It is understood and agreed by and between the Subdivider and the City hereto that this agreement shall bind the heirs, executors, administrators, successors and assigns of the respective Parties to this Agreement. It is agreed that the Subdivider will furnish copies of the successful bidder's contract unit prices and total bid prices for all of the Improvements. [signatures on following page] R. IN WITNESS WHEREOF, this agreement has been executed by: SUBDIVIDER Avila Ranch Developers, Inc. a California Corporatio By: Josh eterson, President FG2 HOLDI GS, LLC A Califor is I ited liability company By: Neema Ass , Manager AVILA RAH EA, LLC A Californi4 limited liability company By: 1 V Neema Asse By:_ Nader i, Manager CJ HOLDINGS, LP A California limited partnership By Spyglass Real Estate, Inc., A California corporation, Its General Partner 9 By: Josh a eterson, President CITY OF SAN LUIS OBISPO CITY OF SAN LUIS OBISPO MAYOR Erica A. Stewart ATTEST: CITY CLERK Teresa Purrington APPROVED AS TO FORM: CITY ATTORNEY Christine Dietrick EXHIBIT 1 TRACT 3089 PHASE 1 SUBDIVISION AGREEMENT The Subdivider has deposited a monumentation security in the amount of $56,550 to guarantee the installation of survey monuments in accordance with the approved map and payment for same. Said guarantee will be released once the installation of monuments has been verified and that existing monuments have not been disturbed, and upon receipt by the City of a letter from the Surveyor indicating that they have completed the work and have been paid. Subdivider shall adhere to the requirements of California Business and Professions Code Section 8771 with regards to monument preservation. The monumentation security also guarantees the replacement of any monuments that were disturbed during construction, along with filing of Records of Survey or Corner Records required by said Section 8771. 2. Phase 1 provides sufficient parkland and park improvements to meet City requirements based on the projected population and housing onsite, so there are no "in -lieu" park fees required. The subdivision improvement bonds include the requirement to pay for a biological, archeological and Native American monitor per the mitigation measures. 3. Water Impact Fees for irrigation water meters shown on the Subdivision Improvement Plans and Specifications shall be paid prior to subdivision improvement plan approval per Condition #59. 4. The Subdivider has elected to pay a roadway maintenance fee to satisfy Condition #40. The fee of $9,000 was approved by the City Engineer in accordance with City Engineering Standards and guidelines. 5. The Subdivider shall comply with all requirements of Council Resolution No. 10832 (2017 Series) approving the tentative map and Ordinance No. 1639 (2017 Series) approving the Development Agreement. 0 EXHIBIT 2 TRACT 3089 PHASE 1- FEE AND BOND LIST 175 VENTURE Amount Form Date Received Bond Release Status Bonds and Guarantees: On -Site Faithful Performance: Can be released upon City Council acceptance of improvements, deposit of one-year warranty surety, and approval of record drawings. On -Site Subdivision Improvements $11,492,700 Bond Bold = confirmed (typ.) (FMAP-1563-2018) Includes all Parks, Sewer Lift Station and Force Main Early $ ' ,9mow Ban meE Early Grading Bond Requirement is (FMAP P , 563 20 8) cancelled, Early Grading has been completed. Archeological Monitoring $75,000 Bond MM CR-2a and MM CR-2b: 11 /11'G /2 l Archeological Monitoring $100,000 Bond MM CR-3a and MM CR-3b: r peF AQT 1310 ty $107,000 44ond ; eery . . Biological Mitigation Installation Bond (Year 1) $163,000 Bond Biological Mitigation Maintenance Bond (Year 2-5) $101,000 Bond �l /%V A Off -Site Faithful Performance: Can be released upon Public Works Director acceptance of improvements, deposit of one-year warranty surety, and approval of record drawings. Sidewalk on S. Higuera between LOVR and Vachell (Condition #111) $ 345,200 Bond 1 lt&l 2, (FMAP-1537-2018) meE Right tum r me E*ieiisien at $ 187,00 Ben Requirement is cancelled, Improvement has been completed. Intersection Improvements at Tank $ 858,200 Bond Farm/S. Higuera (Condition #114 and MM TRANS-7b) 111 (FMAP_ 1622-2018) Security to Guarantee Completion of Can be released upon City approval of the Improvement Plans. Improvement Plans Ramp meter "Construction" for the $1,250,000 Bond jl /� southbound 101 on -ramp at LOVR per { I / amended Condition # 126 10 Ramp meter "Design" for the $ 250,000 CD southbound 101 on -ramp at LOVR per amended Condition #126 Ramp meter for the southbound 101 on- $ 200,000 CD ramp at S. Higuera per amended Condition #126 Labor & Materials (50% of cost of Can be released 90 days after each of the above improvements) acceptance of improvements, if no claims. (Civil Code Section 8412) FMAP-1563-2018--Intracts $ 5,746,350 Bond Early Grading Bond Requirement is $ 958,680 Bend cancelled, Early Grading has been completed. FMAP-1537-2018--South Higuera Sidewalk $172,600 Bond Requirement is cancelled, 93,50 BOB Me R-T Improvement has been completed. FMAP-1622-2018--Higuera/Tank $ 429,100 Bond 11/I ( -4 I Farm SB LT ( / Monument Guarantee $56,550 CD or Can be released upon verification that Letter of monuments have been set and Credit surveyor has been paid. 10% Warranty 10% of On -Site Faithful Performance above Can be released one-year after acceptance of improvements, if all of To be collected prior to release of Faithful the following are completed: (1) no Performance Bonds defects, (2) approval of record drawings, and (3) submittal and approval of a post -construction landscape and restoration report per MM BIO-2 Fees: Plan and Map Check Fees: Map Check Fee FMAP-1661-2018 $43,458.37 Check 6/4/18 Paid in Full Balance Due 0 Improvement Plan check Fee: FMAP-1537-2018 $19,256.83 Deposit $5,000.00 Check Paid Paid in Full Other payment. $17,909.87 Check Paid Paid in Full Balance Due ($3,653.04) CREDIT Subdivider to get credit of $3,653.04 11 Improvement Plan check Fee: FMAP-1538-2018 $13,166.23 Deposit $5,000.00 Check Paid Paid in Full Balance Due $8,166.23 Check Paid Paid in Full Improvement Plan check Fee: FMAP-1563-2018 $162,833.66 Deposit $36,643.31 Check 5/3/18 Paid in Full Balance Due $126,190.35 Check Paid Paid in Full Improvement Plan check Fee: FMAP-1622-2018 $22,201.83 Deposit $19,366.31 Check Need date Paid in Full Balance Due $2,835.52 Check Paid Paid in Full Improvement Plan check Fee: FMAP-1844-2018 $19,045.97 Deposit $0 xxx xxx Balance Due $19,045.97 Check Paid Paid in Full Total Plan Check and Map Check Fees $279,963 Total Plan Check and Map Check Deposits Made 127,378 As of 5-14-19 Total Plan Check and Map Check Fees Due $ 152,585 Checks Paid All Plan check and Map check fees Paid As of 12-17-20 Construction Inspection Fees FMAP-1537-2018 South Higuera Sidewalk $24,821 check Paid Paid in Full FMAP-1538-2018 South/Higuera NB RT $14,283 check Paid Paid in Full FMAP-1563-2018 Intracts/Adjacent Offsites $416,502 check Paid Paid in Full FMAP-1622-2018 Tank Farm/Higuera $45,552 check Paid Paid in Full FMAP-1844-2018 Early Grading $40,310 check Paid Paid in Full Sewer Lift Station $53,248 xxx xxx By separate agreement: Utilities Verify fee with utilities. 12 pm-k &'-r;Vd Total Construction Inspection Fees $594,666 All pq4 Impact Fees Roadway Maintenance Fee $9,000 Check �/ //G /2( To be deposited in Acct # 40050300- ( ( 90346953 Streets Reconstruction and Resurfacing Master per Matt Horn Water Impact Fees for irrigation meters Parkways; Parks "B", "C"--1.5" Sheet $40,365 LP-1.3 Stevenson Park--3/4" Sheet L-4.4 $11,872 Park A--1.5" Sheet L-4.1 $40,365 ✓ Total Water Impact Fees Due $92,602 Ad Hoc and Mitigation Fees Fair Share Traffic Mitigation Fee $272,900 !iY►CG1L Fee is to paid to the county. The (Buckley/SR 227 - Condition #116.a) r applicant can show proof of Includes: Above Fair Share Traffic payment to the City to clear this Mitigation Fee (Buckley/227 - T34 and item Development Agreement 7.11 a $200,000 Fair Share Traffic Mitigation Fee $208,017 C' (S. Higuera/LOVR - Condition #116.b) ! Fair Share Traffic Mitigation Fee $34,580 check 11II&Ai (Buckley/Vachell - Condition #116.g) ) / Fair Share Traffic Mitigation Fee $230,000 h eL k�- (Buckley/Davenport - Development G Agreement section 7.11 b) Interim Fire Station on Lot 187 of Tract $ 0 Preliminary Credit for fire development impact Map, 0.29 Acres. (Agreement section fees as trade for property dedicated to 7.10) the City Total Fire fees $368,644, estimated Land Value: $466,913, estimated 50% of Off -Site Ag Mitigation Fee. $301,750 G 1 �G /_ {? First 50% of $603,500 shall be paid 0� by time of recordation of Phase 1 of Tract 3089 Final Map. 50% of Off -Site Ag Mitigation Fee. $301,750 Other 50% of $603,500 shall be paid by December 31, 2021. 13 Da PCGeiWJ Total Ad Hoc and Mitigation Fees $1,348,997 Affordable Housing Requirements See Affordable Housing Agreement Water Impact Fee' To be collected with building permit LOVR Transportation Impact Fee Wastewater Impact Fee To be collected with building permit Subject to fee credits for Buckley Lift Station Transportation Impact Fee' To be collected with building permit 1 All Impact Fees are adjusted annually (July 1) based on CPI. Credit given for demolished units. 14 ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Fresno On 1�dAyol- 23, 26ZL before me, Alison G. Baker (insert name and title of the officer) personally appeared Joshua Peterson who proved to me on the basis of satisfactory evidence to be the personwwhose nameW is/afe subscribed to the within instrument and acknowledged to me that he/&haAle executed the same in his/weir authorized capacity(jprol and that by his/heMhcir signatureWon the instrument the person, or the entity upon behalf of which the personKacted, 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. ALISON G. BAKER ca llotary Public - California Fresno County WITNESS my hand and official seal. Commission r 2304966 My Comm. Expires Sea 13, 2023 Signature - (Seal) ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA COUNTY OF V—Z S Y C) On MV 6AA) c,-A' S- , 2021, before me, ,1 c Notary Pt4lic, personally appeared it G 1 , who proved to me on the basis of satisfactory evidence to be the person() whose name(o is/a--' subscribed to the within instrument and acknowledged to me that he/sKe/dwy executed the same in his/*/their authorized capacity(ict), and that by his/her/t1jeir signatureO on the instrument the person), 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. 1 Signature ^` NICOLE SHAW Notary Public - California Fresno County J Commission # 2340407 ~ `' �•"' My Comm. Expires Dec 17, 2024 NPQM (Seal) ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. pq STATE OF CALIFORNIA COUNTY OF FRESNO On C S Z(o, 2021, before me, Liana Leyva, Notary Public, personally app ared M-e ern a kSS-e yN--) I who proved to me on the basis of satisfactory evidence to be the persons) whose name(fs)' is/ar-e subscribed to the within instrument and acknowledged to me that he/sl;eAhey- executed the same in his/heWtheir authorized capacity(iss); and that by his/he'Fftheir signatureWon the instrument the persons , or the entity upon behalf of which the person(syacted, 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. Signature LIANA LEYVA Notary Public - California Fresno County Commission N 2250637 My CO[TIm. Expires Aug 17, 2022 (Seal) ' � wATHE PTI 1 NOV 16 REM i wchomes.com CITY OF SAN LU!S OBISPO 735 Tank Farm Rd, San Luis c )hispu. CA 93401���L1� YV0�1�5 ��na�ai�T���T (805) 595-5440 • Fax (805) 595-5441 WORKS i `d Document Transmittal Sheet I*o: Steve La Chaine, Senior Civil Eng. San Luis Obispo City, Com. Development Dept 919 Palm Street Re: Avila Ranch (Tract 3089- Ph. 1) ❑ USPS ❑ FedEx ❑ On Trac From: Reed Oiiate, Dir. Forward Date: 11-16-2021 ❑ Golden State ® By Hand Please find attached: / • Subdivision Agreement — Tract 3089 Phase 1, Executed by WCH 8-27-2021 • Subdivision Improvements Performance Bond No. 38K009001, dated 8-6-2021 ($100K) • Subdivision Improvements Maintenance Bond No. 38KO09000 dated 8-6-2021 ($101K) ✓/ • Subdivision Improvements Performance Bond No. 38K008998, dated 8-6-2021 ($163K) v • Subdivision Improvements Performance Bond No. 38KO08999 dated 8-6-2 021 ($75K) ✓ • Water Impact Fee, Stevenson Park, dated 7-26-2021, for $11,872.00 • Traffic Mitigation Fee, Buckley -Davenport Intersection, dated 7-26-2021, for $230,000.00 • Traffic Mitigation Fee, Buckley-Vachell Intersection, dated 7-26-2021, for $34,580.00 • Off -site Ag Mitigation Fee, dated 7-26-2021, for $301,705.00 • Water Impact Fee, dated 7-26-2021, for $40,365.00 (Parks B, C) • Roadway Maintenance Fee, dated 7-26-2021, for $9,000.00 • Water Impact Fee, dated 7-26-2021, for $40,365.00 (Parks A) • Traffic Mitigation Fee, S. Higuera - LOVR, dated 7-26-2021, for $208,017.00 • Traffic Mitigation Fee, Buckley — SR 227, dated 7-26-2021, for $272,900.00 ✓ • Subdivision Improvements Performance Bond No. 38K008752, dated 7-22-2021 ($11.4M) • Subdivision Improvements Labor & Materials Bond No. 381<008752, dated 7-22-2021 ($5.7M) • Subdivision Improvements Performance Bond No. 38K008754, dated 7-22-2021 ($345K) • Subdivision Improvements Labor & Materials Bond No. 38K008754, dated 7-22-2021 ($172K) • Subdivision Improvements Performance Bond No. 38K008753, dated 7-22-2021 ($858K) ✓ �J • Subdivision Improvements Labor & Materials Bond No. 38K00875.4;11ated 7-22-2021 ($429K) t(� • Subdivision Improvements Performance Bond No. 381<008755, dated 7-22-2021 ($1.2M).� or III I(P f Z l % GP i ►�- (2aw.P C