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HomeMy WebLinkAboutSubdivision Agreement - Phase 2 - Final executedSUBDIVISION AGREEMENT THIS AGREEMENT is dated this day of () c ('�yKie`. 201 6 by and between Righetti NC LLC, a Delaware limited liability company, 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 3066-Phase 2, City of San Luis Obispo, California, as approved by the City Council on the 21St day of March, 2017. The Subdivider desires that said Tract 3066-Phase 2 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 plans therefore. TERMS AND CONDITIONS: In consideration of the foregoing, the Subdivider does hereby agree to construct and install the following subdivision improvements in accordance with said subdivision regulations, and in accordance with approved plans and specifications and any revisions thereto on file in the office of the City Engineer, City of San Luis Obispo, 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 1 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 developer has properly installed all facilities to be provided by him, and that the said utility is prepared to provide service to residents upon request. 8. ANY & ALL OTHER IMPROVEMENTS shown on plans or required by project approvals. All of the above facilities shall be installed in the locations designated and to the 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 said approved plans and specifications. The Subdivider agrees that the work of installing the above improvements shall begin within thirty (30) days from the date of recording of the final map, and that the work shall be completed within twelve (12) 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 Security 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. No building permits will be issued nor occupancy granted after the expiration date of the agreement until completion and acceptance of all subdivision 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. 2 Setting of new survey monuments or resetting of disturbed monuments Subdivision 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. Said instrument of credit or bond is/are 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. In accordance with 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 improvement security, 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. Completion of the work 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 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 public improvements. If the Subdivider fails to complete the work within the prescribed time, the 3 Subdivider agrees that City may, at its option, declare the instrument of credit or bond which has been posted by Subdivider to guarantee faithful performance, 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 above described subdivision improvements in accordance with State law. Said Subdivider shall pay an inspection fee for City to inspect the installation of said subdivision improvements, and to verify that they have been completed in accordance with the plans and specifications. If off -site dedication of property is necessary to facilitate the construction of the required subdivision improvements, the subdivider shall exhaust all avenues available to acquire said off -site dedication. In the event the subdivider is unable to acquire said property, the City may lend the subdivider its powers of condemnation to acquire the off -site dedication, including any necessary construction, slope, and drainage easements. The Subdivider shall pay for all costs incurred by the City to acquire the off -site dedication, including, but not limited to, all costs associated with condemnation through the condemnation process. Prior to proceeding with the condemnation process, the Subdivider shall deposit with the City all or a portion of the anticipated costs, as determined by the City Attorney, of the condemnation proceedings. The City does not and cannot guarantee that the necessary property rights can be acquired or will, in fact, be acquired. All necessary procedures of law would apply and would have to be followed. Title 16 of the San Luis Obispo Municipal Code, entitled "Subdivision," all 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 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 herein referred to. 5 IN WITNESS WHEREOF, this agreement has been executed by: SUBDIVIDER Righetti NC, LLC a Delaware limited liability company By: Righetti Ranch, LP a Delaware limited partnership Its: Sole Member BY: NRE Manager, LLC a Delaware limited liability company Its: General Partner BY: Ambient Righetti Manager, LLC a California limited liabi 'ty-c7-72-- Its: Sole Member BY: Travis Fuentez, Pr ide BY: Dane Anselmo, y ce-President CITY OF SAN, LUIS OBI�PO MAYOR U Heidi H ATTEST: -1 CITY CLERK Teresa trington APPROVED AS TO FORM: CITY ATTORNEY Christine Dietrick C EXHIBIT 1 TRACT 3066-Phase 2 SUBDIVISION AGREEMENT Page 1 of 2 The Subdivider has deposited a monumentation security in the amount of $9,000 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. A Special Status Plant and Natural Community Mitigation and Monitoring Plan ("Monitoring Plan") dated August 2016 was prepared by Rincon Consultants, Inc. and is on file at the City. The Plan was prepared to comply with Mitigation Measures B-2(b) through B-2(g) of the Orcutt Area Specific Plan Final Environmental Impact Report and Vesting Tentative Map #3066 Mitigation Measures to mitigate for the loss of special status plant species and vegetation community as a result of project implementation. The Subdivider has submitted a rider to the Tract 3063-Phase 1 bond to guarantee the collection, salvage, storage, site preparation, planting, establishment, restoration, maintenance, protection, monitoring and reporting of the designated plant species and topsoil for a period of five (5) years or until the Success Criteria listed in Section 6.0 of the Monitoring Plan has been achieved, whichever is longer. Pursuant to Condition #25 of Council Resolution No. 10620 (2015 Series), the Subdivider has deposited a faithful performance security in the amount of $25,000 to retain a qualified traffic consultant to conduct neighborhood speed surveys one year after final occupancy of Tract 3066-Phase 2 on the perimeter streets of the subdivision (Sponza Drive, Ranch House Road, and Tiburon Way). If the 851h percentile speeds exceed current City Neighborhood Traffic Management (NTM) thresholds, additional traffic calming measures shall be installed. The $25,000 security will be retained by the City to guarantee that Subdivider installs additional City -approved traffic calming measures to reduce the speeds to comply with City NTM thresholds. The additional measures shall be installed within six (6) months following notice from the City to install said measures. Additional speed surveys shall be conducted twelve (12) months after completion of construction of the additional traffic calming measures. The $25,000 security will be released to the Subdivider once City - approved speed surveys demonstrate that traffic speeds comply with City NTM thresholds. 7 EXHIBIT 1 TRACT 3066-Phase 2 SUBDIVISION AGREEMENT Page 2 of 2 4. The Subdivider has deposited a security or securities in the amount specified in Exhibit 2 to guarantee completion of the subdivision improvements specified in Exhibit 2. Release of the security or securities shall be in accordance with the provisions of this Subdivision Agreement, the City's Municipal Code, California Government Code and California Civil Code. 5. Plancheck and inspection fees for the subdivision improvements have been paid as listed in the attached Exhibit 2. 6. Park -in -lieu fees will be paid at time of issuance of building permit per the most current Orcutt Area Specific Plan (OASP) Public Facilities Financing Plan (PFFP). Credit is available to subdivider for dedication of approved parkland from the adjacent Righetti property (FM #3063-1). 7. Water and sewer impact fees shall be paid at time of building permits through the Community Development Department per the fee schedule in effect at, the time the Vesting Tentative Tract Map was approved (adjusted for CPI increases), unless the vesting rights have expired as set forth in Government Code Section 66498.5(b) through (d). If the vesting rights have expired, the fees shall be paid at the rate in effect at time of building permits. 8. Citywide Transportation Impact Fees shall be paid at time of building permits per the fee schedule in effect at the time the Vesting Tentative Map was approved (adjusted for CPI increases), unless the vesting rights have expired as set forth in Government Code Section 66498.5(b) through (d). If the vesting rights have expired, the fees shall be paid at the rate in effect at time of building permits. 9. Orcutt Area Transportation Impact Add -On Fee shall be paid at time of building permit per the fee schedule listed in the most current OASP PFFP in effect at time of building permits. 10. The subdivider shall comply with all requirements of Council Resolution 10620 (2015 Series) approving the tentative map. 11. The Subdivider has elected to pay a $6,000 roadway maintenance fee to satisfy Condition #35. This fee was submitted with Tract 3063-Phase 1 and includes the cost to satisfy the requirements of Condition #35 for Tract 3066-Phase 2. EXHIBIT 2 TRACT 3066-Phase 2 - FEE AND BOND LIST 3761 Orcutt Page 1 of 2 71 Amount Form Date Bond Release Status Received Bonds and Guarantees: Tiburon, Ranch House, and Sponza $2,837,600 Bond 12/13/18 Can be released upon City acceptance Improvements of improvements, deposit of one-year FMAP-2241-2015 warranty surety, and approval of record drawings. Offsite Water Main Extension $775,000 Submitted with FMAP-2242-2015/ FMAP-4024-2016 Tract 3063-Phase I Off -Site Landscaping $175,000 Submitted with FMAP-0288-2017 Tract 3063-Phase 1 On -Site Landscaping $50,000 Bond 12/13/18 FMAP-1029-2017 Hansen Creek Bridge $1,600,000 Bond 12/13/18 FMAP-4247-2016 Tiburon Bridge $1,800,000 Bond 12/13/18 FMAP-4312-2016) Orcutt Frontage Phase t Improvements, $730,000 Bond 12/13/18 including left -turn pocket at Orcutt/Tiburon intersection FMAP-1718-2015 Tank Farm/Orcutt intersection $650,000 Bond 12/13/18 improvements or roundabout FMAP-1718-2015 Secondary Access to Tank Farm Road per $1,400,000 Submitted with Conditions #14 and #15 and water and Tract 3063-Phase t sewer mains FMAP-2631-2016/FMAP-1718-2015) Tank Farm/Righetti Ranch Road $1,350,000 Submitted with Roundabout Tract 3063-Phase 1 (FMAP-1718-2015 On -Site Tract 3066-Phase 2 Improvements $2,586,200 Bond 12/13/18 (FMAP-0020-2017 Labor & Materials (50% of cost of $3,426,900 Bond 12/13/18 Can be released 90 days after improvements) for Tract 3066-Phase 2 acceptance of improvements, if no On -Site Improvements, On -Site claims. (Civil Code Section 8412) Landscape Improvements, Oructt Frontage Improvements, Tank Farm/Orcutt Intersection Improvements, and Tiburon, Ranch House S onza Improvements Continued on Page 2 EXHIBIT 2 TRACT 3066-Phase 2 - FEE AND BOND LIST 3761 Orcutt Page 2 of 2 Amount Form Date Bond Release Status Received Bonds and Guarantees (continued): Faithful Performance to construct $590,400 Bond 12/13/18 Can be released upon City acceptance Affordable Housing frontage of improvements, deposit of one-year improvements on Pratt warranty surety, and approval of FMAP-1571-2018) record drawings. Labor & Materials (50% of cost of $295,200 Bond 12/13/18 Can be released 90 days after improvements) to construct Affordable acceptance of improvements, if no Housing frontage improvements claims. Civil Code Section 8412) Faithful Performance $25,000 Bond 12/13/18 See Exhibit 1 for when bond can be for completion of traffic speed surveys released. and installation of additional traffic calming measures Faithful Performance of the Special See $27,300 CD (CD-0048) submitted with See Exhibit 1 for when bond can be Status Plant and Natural Community Tract 3063-Phase 1 released. Mitigation and Monitoring Plan Monument Guarantee $9,000 CD or Letter of 12/19/18 Can be released upon verification that Credit monuments have been set and surveyor has been paid. 10% Warranty To be Can be released one-year after collected acceptance of improvements, if no prior to defects, and approval of record release of drawings. FP Bond Fees: Map Check Fee $18,860 Check 11/3/15 Plan Check Fee $57,115 Check 10/23/15 and 1/15/16 Improvement Plan Inspection Fee $145,156 Check 7/17/17 Roadway Maintenance Fee (Condition #35) $6,000 Submitted with Tract 3063-1 Park In -Lieu Fee' To be collected with building permit. Affordable Housing Requirements See Affordable Housing Agreement Water Impact Feel To be collected with building permit Wastewater Impact Fee' To be collected with building permit 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. 10