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HomeMy WebLinkAbout08/16/1988, C-9 - FINAL MAP APPROVAL FOR TRACT NO. 1376 (UNITS 1 & 2), 131 LOT RESIDENTIAL SUBDIVISION AT 1100 TANK FARM ROAD. (EDNA-ISLAY SPECIFIC PLAN AREA, THE PACIFICA CORP., SUBDIVIDER) lll��l�ul�lllll��l UII i=n �� citySan o MEETING DATE:Wp August . 19RA COUNCIL AGENDA REPORT 'TE"" B . FROM: David F. Romero Wayne A. Peterson Prepared by: Gerald W. Kenny Public Works Director City Engineer Supervising Civil Engineer SUBJECT: Final Map Approval for Tract No. 1376 (Units 1 &2), 131 Lot Residential Subdivision at 1100 Tank Farm Road. (Edna-Islay Specific Plan Area, The Pacifica Corp. , Subdivider) RECOMMENDATION: Adopt Resolution Approving the Final Map for Tract No. 1376 (Units 1 & 2). DISCUSSION: This tract consists of 131 single-family lots to be developed by the subdivider, and a lot dedicated as a flood control detention basin. A considerable portion of the subdivision improvements have already been constructed, including the Tank Farm Road/SPRR underpass, the Bullock Lane waterline, grading, and on and offsite sewer, water and public utilities. Bonds have been posted to guarantee completion of all improvements. The final map has been reviewed by the Public Works Dept. and found to be in substantial conformity with the tentative map approved under Resolution No. 6027 (1986 Series). All conditions have been met or are bonded for under a standard subdivision agreement and are shown on approved plans except as follows: The CC&R's have not been approved by Planning yet due to concern for amount of turf in front yard landscaping. The ARC granted final approval on 11-23-87, subject to staff approval of this issue. Council is to consider this under another item on this agenda. The subdivider has agreed to a limitation of 40% but the staff recommendation is for 209 . The CC&R's therefore must be changed, if Council adopts the more restrictive guideline, prior to recordation. Condition 22 requires dedication of park land or fees in accordance with the Specific Plan. The subdivider paid a fee for this tract since the park will be in a subsequent tract. This fee is to be refuneed upon dedication at a future date. This was done with the Edna tracts. Condition 26 requires dedication of creek impro.ement and preservation areas to be shown on the final map. The subdivider submitted a separate document instead, since the tract boundary was adjusted :lightly to coincide with the rear of lots adjacent to the creek to the appro% al of the Community Development Director. The next phase will provide for fee d9dication of the entire park site, including both sides of the creek anyway cs one lot. The buffer landscaping/fencing/bikepath/walkway will be inEtalled within the easement as a condition of this tract, along with creek bank stabilization. �►��►bIa�IINl��p ���ll� city of San IDIS OBISpo nia; COUNCIL AGENDA REPORT Final Map Treet 1376 Meeting of August 16, 1988 Page Two. The subdivider was required to provide additional easements for sewer, storm drain and water lines outside the tract boundaries. The documents (2) have been received and are included for recordation along with the final map except as follows: 1 . There is current litigation between Leo Evans and the City which deals with the status of Bullock Lane right-of-way. If the court finds that a portion of Bullock Lane is not "public right-of-way", then an easement (or easements) must be acquired pursuant to an agreement with the City in conjunction with the previous bonding of the waterline per Resolution No. 6214 (1988 Series). The City agreed to lend its power of eminent domain at the cost of the subdivider (Condition 28). An easement has already been acquired from Righetti for the portion outside of Bullock Lane. Acceptance of the waterline and release of the bond must be withheld pending resolution of the issue. The bond includes an amount estimated for acquisition. The Subdivision Map Act precludes the City from denying final map approval for failure to acquire offsite easements subject to an agreement to provide for necessary acquisition under eminent domain proceedings or deletion of the condition by the City. 2. A sewer easement was received and recorded already for the outfall sewer on the Edna side of the SPRR right=of-way which ties into the main constructed by Santa Lucia Hills. Four (4) Indentures have been submitted for execution by Council which are, in effect, "easements" from the Southern Pacific Transportation Co. for sewer, storm drain and waterline purposes within SPRR right-of-way within the Tank Farm Rd. underpass, and for sewer purposes within their right-of-way which connects to the sewer easement mentioned in item 2 above. The City must execute the 4 documents in duplicate and return one to the railroad. The City's copy should be recorded. A separate document was processed for the underpass structure in conjunction with the PUC permit. The detention basin will be maintained by the homeowners' association. The Tank Farm Road parkway will be maintained by the City per the Specific Plan. As with the Edna tracts, a payment of $750.00 will be paid to the City for each dwelling unit as the property clears escrow or occupancy is granted as indicated in the subdivision agreement in lieu of filing liens per Condition 25. This money will be used for development of the future neighborhood park, along with additional City funding in accordance with a park plan previously approved by the Council. Cq.,Z, ��,u����►►I�IIIIIfl�P° �U�N MY Of San lues OBISp0 MiS COUNCIL AGENDA REPORT Meeting of August 16, 1988 Page Three. ALTERNATIVES: Option 1 . Adopt resolution accepting easements and approving the final map for Tract No. 1376 (Units 1 & 2). Option 2: Deny approval of the final map if Council finds conditions have not been satisfactorily met. CONSEQUENCES OF NOT TAKING THE RECOMMENDED ACTION: The subdivider cannot obtain building permits except for model homes per the Subdivision Map Act prior to recordation of the map. CONCURRENCES: The Community Development Director and City Attorney concur with the recommendation subject to Council determination with regard to landscaping of front yards. No other department has expressed any opposition. RECOMMENDATION: Adopt resolution accepting easements and approving the final map for Tract No. 1376 (Units 1 & 2) and authorizing mayor to execute the subdivision agreement and railroad indentures. Attachments: 1 - Draft resolution 2 - Map 3 - Checklist 4 - Resolution No. 6027 (1986 Series) 5 - Subdivision Agreement 6 - Agreement for Bullock Lane waterline 7 - Easements (2) 8,- Indentures (4) in duplicate 9 - Bonds (4 each) Performance & Labor/Materials 10 - Statement of fees and bonds Items 6-10 available in Council Office for inspection. N/jkt1376 jk RESOLUTION NO. (1988 Series) A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO APPROVING THE FINAL MAP FOR TRACT 1376, UNITS I & II . (The Pacifica Corporation, Subdivider) WHEREAS, the City Council made certain findings concerning Tract 1376 as contained in Resolution No. 6027 (1986 Series), and WHEREAS, all conditions required per Resolution No. 6027 (1986 Series), have been met or are bonded for, NOW THEREFORE BE IT RESOLVED, that final approval is hereby granted for Tract 1376, Units I and II, and the Mayor is hereby authorized to execute the subdivision agreement and the Southern Pacific Transportation Company railroad indentures. The City Clerk shall cause the railroad indentures and other off-site easements to be recorded. The park-in-lieu fees paid under this tract shall be refunded to the subdivider upon dedication of the park required under the Edna-Islay Specific Plan (Islay Area). On motion of seconded by and on the following roll call vote: AYES: NOES: ABSENT: the foregoing Resolution was passed and adopted this day of 1988. MAYOR ATTEST: CITY CLERK Resolution No. (1988 Series) Page Two. APPROVED: City Administrative Officer City Att ney �c 6vt&, Community Development Director City Engineer n/jkt1376 by 1 v ; 1 . � -1 t I� i JZO Sz I r� � p llfiyji42i f r IS RPM } t�� i'�: ,(' � .. aye •�j = ') ' . umsar rolIt N zkle I ti e f I � _ i y t P3 IS ILI 4 all i :.i „ � O INC S 4 rat � ll��' 411 il I CTC)/ Of Sdi I: LUIS OBISPO FINAL MAP APPROVAL CHECKLIST- PROJECT NAME The Arbors at Islay Hill DESCRIPTION 131 Single family homes on Tank Farm Road East of Railroad tracks Tract 1376 MAP NUMBER Units I&II SPECIFIC PIAN REZONING GEN.PLAN USE PERMIT VARIANCE ARC OTHER PUBLIC IMPROVEMENT CONDITIONS p DESCRIPTION INITIAL I'DATE COMMENTS 1 GRADING including planting &retaining walls7 Partially done, on plans & bonded for 2 STORM DRAINS A DRAINAGE STRUCTURES " " ' 1, if 3 SEWERS&SERVICES n if it it n 71- 4 WATERLINES&SERVICES " " it it to 5 FIRE HYDRANTS n n n n n n 8 CONCRETE Curbs and Gutters Sidewalks n it to it Driveways n n n n 7 STREETS &PAVING Pavement Signing,striping and curb painting To To 11 8 NON-CITY UTILITIES P.G.&E. — Electrical Z� q n rr n rr Street Lights u u n n Cable TV Telephone Co. Gas Company lk11 11 11 11 9 FEES RECEIVED(Water,Sewer) 10 PUBLIC IMPROVEMENTS payments received J 11 AGREEMENT CONDITIONS have been met 12 MONUMENTATION r y c n rr 13 STREET TREES 14 OFFSITE WORK. �9 4- 15 BONDIGUARANTEE deposited T? 18 PARK dedication or In-lieu fees 17 OTHER CONDITIONS 181 Board of Adjustments 191 Planning Commission 20 Architectural Review Commission e. �RS uJro Nfii' 21 City Council u 22 Abandonments 23 Other ATTACH LIST OF CONDITIONS &SUBDIVISION AGRREMENT COMMUNITY DEVELOPMENT APP VA 5241 PUBLIC SERVICES APPROVA n Al RESOLUTION NO. 6027 (1986 Scrics) A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO GRANTING APPROVAL OF TENTATIVE TRACT NO. 1376 (ISLAY HILL) LOCATED AT 1100 TANK FARM ROAD BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. Findings. That this council, after consideration of the tentative map of Tract 1376 and the Planning Commission's recommendations, staff recommendations and reports thereon, makes the following findings: 1. The design of the tentative map and proposed improvements are consistent with the general plan and specific plan for Edna-Islay. 2. The site is physically suited for the type and density of development proposed and allowed in an R-1-SP zone. 3. The design of the subdivision and the proposed improvements arc not likely to cause serious health problems, substantial environmental damage or substantially and unavoidably injure fish or wildlife or their habitat. 4. The design of the subdivision or the type of improvement will not conflict with casements for access through or use of property within the proposed subdivision. 5. The Community Development Director has determined that the subdivision is consistent with the adopted Edna-Islay Specific Plan, and that no further environmental study is necessary. SECTION 2. Conditions. That the approval of the tentative map for Tract 1376 be i subject to the following conditions: 1. Multiple final maps may be filed. Recordation of any final map for Tract 1376 shall not occur prior to acceptance of the Tank Farm Road right-of-way in phases 1 and 2 of the Edna-Islay Specific Plan. 2. Subdivider shall construct all public improvements shown on the tentative map. Subdivision improvements shall be consistent with standards in the Edna-Islay Specific Plan. 3. New streets shall be named and shown on the final map, to the approval of the Community Development Department and the Postal Service. Addresses shall be assigned according to a plan prepared by the Community Development Department. 4. Final map and improvement plans shall note that if grading or other operations unearth archeological resources, construction activities shall cease. •The Community Development Director shall be notified of the extent and location of discovered materials so that they may be recorded by a qualified archeologist. Disposition of artifacts shall comply with state and federal laws. Costs of any archeological work shall be the subdivider's responsibility. t C� 1 I - Resolution No. 6027 (1986 Series) Tract 1376 (Islay Hill) Page 2 5. Solar easements shall be delineated on the final map for those lots with longer dimensions oriented more than 30 degrees from a North-South line. Easements shall be to the approval of the Community Development Director. 6. The subdivider shall establish covenants, conditions, and restrictions (CC&R's) for the tract. These CC&R's shall be approved by the Community Development Department and administered by the homeowner's association. The subdivider shall include the following provisions in the CC&R's for the Tract: a. Maintenance of storm water detention basin shall be by homeowner's association in conformance with the Edna Islay Specific Plan. b. There shall be no change,in city-regulated provisions of the CC&R's without prior approval of the Community Development Department. C. Front yard landscaping shall conform to a city-approved plant list. Incentives, to the approval of the Community Development Director, shall be provided to homeowners who complete landscaping within six months of occupancy. 7. Subdivider must install street trees to city standards, to the approval of the Public Works Department. Any street trees included in the park improvements must be installed as initial subdivision improvements also. 8. Fire hydrants shall be provided as required by the city fire code and to the satisfaction of the Fire Marshal. All hydrants shall provide 1500 gallons per minute and be served by loop water li4cs consistent with the Edna-Islay Specific Plan. 9. All lots shall be graded in compliance with the Uniform Building Code and Grading Ordinance. 10. Subdivider shall submit for Community Development Director approval a detailed landscape improvement plan for the detention basin and the north side of Tank Farm Road. Plan shall be prepared by licensed landscape architect, shall be consistent with concepts and requirements of the Edna-Islay Specific Plan, and shall include provisions needed to prevent erosion on the north side of Tank Farm Road. Landscaping shall be installed to the approval of the Community Development Director. 11. The subdivider shall construct the following to the satisfaction of the City Engineer: a. Surface and subsurface drainage improvements on the site. b. Detention basin. 12. Subdivider shall offer for dedication to the city and show on final map: a. Access casements for maintenance of detention basin, to the approval of the City Engineer. Access to the basin shall be paved to the satisfaction of the City Engineer and Community Development Director. , i Resolution No.4r927 (198f/Scrics) Tract 1376 Page 3 b. Drainage casements, in accordance with the Specific Plan, to the satisfaction of the City Engineer. 13. The subdivider shall submit a hydrology study and calculations for the design of the proposed drainage facilities within the tract. 14. Subdivider shall submit a maintenance schedule to be fulfilled by the Homeowners' Association for the detention basin, subject to approval by the City Engineer. The maintenance schedule shall include periodic report to the city of the condition of the detention basin for the life of the basin. The maintenance schedule and reporting procedure shall be approved by the City Engineer. 15. Bike paths shall be shown on improvement plans, located as shown on the specific plan map, to the approval of the Community Development Director. 16. Construction of the railroad underpass along Tank Farm Road shall be complete concurrent with or prior to development of any other tract improvements. No buildings may be constructed prior to the completion or the underpass. 17. The subdivider shall install street furniture and signs for transit systems, to the satisfaction of the Community Development Department and Mass Transit Committee.; 18. Final map shall note access rights to both sides of Tank Farm Road shall be dedicated to the city by a t-Coot no-access strip. 19. Subdivider shall construct the intersection of Tank Farm Road and Orcutt Road as part of this subdivision. Design shall conform to standards set,in the Edna-Islay Specific Plan and shall be approved by the City Engineer, County Engineer, and Community Development Director. 20. Subdivider shall submit to the Community Development Department a written agreement, signed by an authorized representative of the Department of Fish and Game, .specifically allowing the work in the creek and stating the limitations imposed upon this work. Work shall be limited to rehabilitation and stabilization of active erosion areas, channel improvements for site drainage regulations and control and installation of utility crossings required to complete the Final Map improvements. This work shall employ, to the extent possible, native rocks and materials which will provide a channel similar to the natural existing one. 21. Subdivider shall submit a revised landscape improvement plan to the Community Development Department for review and approval. This landscape plan shall show the bike/pedestrian path relocated as shown on the Edna-Islay Specific Plan map, shall include typical creek sections for the creek improvement areas and the creek preservation areas to the satisfaction of the Community Development Director. i Resolution No. 6027 (1986 Series) Tract 1376 Page 4 22. Subdivider shall pay park-in-lieu fees in accordance with the subdivision regulations or dedicate land for a park, as designated on the specific plan land use map. 23. Landscaping and fencing in the creek setback areas shall be shown on the subdivision improvement plans. 24. The Tank Farm Road crossing of the south branch of Acacia Creek shall be designed to minimize creek disruption to the approval of the Community Development Director and the City Engineer. That design shall include the concerns of the Department of Fish and Game. Plans shall be part of Tank Farm Road improvements and improvements for Islay hill phase 3 final map. 25. The subdivider shall submit a financing plan for the development of the park that splits the financial, responsibility among the subdivider, the individual lot owners, and the city. The plan shall be submitted prior to final map approval, to the approval of the Community Development Director. Park improvements shall be implemented in stages, as required by the specific plan. If the park is dedicated in this phase, then a bond for the subdivider's portion of the improvements shall be posted prior to the approval of the final map for Tract 1376 to the approval of'the Community Development Director. 26. The subdivider shall offer for dedication and show on the final map.1creck improvement and preservation areas included in the development plans of this subdivision. 27. The final map shall note that all buildings located beyond the four-minute response line, as determined by the Fire Department, must contain on-site fire mitigation measures, to the approval of the Fire Department. 28. Subdivider shall provide plans and bond for the installation of a 12' diameter water main extending from Bullock Lane to the proposed extension of Tank Farm Road or an alternative line approved by the city's Utilities Engineer. This water main shall be installed prior to development of phase 4 of the Edna-Islay Specific Plan, or when 386 units have been constructed within the Edna-Islay Specific Plan area, whichever comes first. Subdivider shall be entitled to reimbursement in accordance with chapter 13.04 of the Municipal Code. Acquisition costs for off-site easements shall be the responsibility of the subdivider. City may exercise its power of eminent domain as required to expedite acquisition of necessary easements. Subdivider shall be responsible for preparation of legal work and costs of any litigation. 29. Subdivider shall construct an all-weather access road to all sewer line manholes not located within dedicated roads, to the satisfaction of the Public Works Department. An access casement to all such sewer lines shall be granted to the city and shown on the final map, to the satisfaction of the City Engineer. 30. Subdivider shall submit to the Community Development Department a noise analysis, prepared by a registered acoustical engineer, that analyzes the effects of noise from Tank Farm Road on the adjacent residential lots. The report shall include recommendations for noise mitigation..*nd incorporated into the project where necessary. FN% IfF Lr 5-r Resolution No. 6027 (1986 Series) Tract 1376 Page 5 Noise or visual buffers constructed along Tank Farm Road shall be to the approval of the Architectural Review Commission. On motion of Councilman Settle seconded by Councilwoman Rappa and on the following roll call vote: AYES: Councilpersons Settle, Rappa, Dovey, Griffin, and Mayor Dunin NOES: None ABSENT: None the foregoing resolution was passed and adopted this 15th_ day of .7111y 1986. May ATTEST: City Clerk i. ABPROYED: ice .y City Administrative ffic 4— City At rney r � Community Ife elopment Director STANDARD SUBDIVISION AGREEMENT THIS AGREEMENT is dated this day of by and between The Pacifica Corporation, 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 final map of Tract 1376 - Units I and II, City of San Luis Obispo, California, as approved by the City Council, on the day of 19_ The Subdivider desires that said Tract 1376 - Units I and II be accepted and approved as a final map pursuant tc the Subdivision Regulations of the City of San Luis Obispo (Title 17 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 plcns 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 on file in the office of the City Engineer, City of San Luis Obispo, to wit: 1 1 . CURBS, 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. DRAINAGE STRUCTURES 5. ORNAMENTAL METAL ELECTROLIERS 6. 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. 7. ANY & ALL OTHER IMPROVEMENTS shown on plans or required by City regulations. 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 eighteen (18) 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 hove 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 C4 /— 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 public improvements unless specifically approved by the City. The Subdivider does also agree to comply with the following conditions established by the Planning Commission and/or the City Council: 1 . The Subdivider has paid the following fees, in addition to bonds and Inspection fee: (a) A monumentation guarantee of $7,200.00 to cover the installation of survey monuments in accordance with the approved mop and payment for some. Said deposit will be released to the Subdivider upon receipt by the City of a letter from the Engineer/Surveyor indicating he has completed the work and has been paid. (b) Water acreage fees of $40,603.00 (21 .37 AC x $1900/AC). . (c) Rockview-Tank Farm sewer lift station fees of $8.433.67 (21 .37 AC x $131 .55 x 3). (d) Park-in-lieu fee of $57,451 .68 (352 x .005 x1 ,324,653) 40.58 2. The Subdivider shall be responsible for landscaping Tank Farm Road parkway, according to the conditions of the approval, plans and Edna-Islay Specific Plan and shall be responsible for maintenance until taken over by the City. 3. Subdivider shall provide for payment of $750.00 to the City through escrow for each dwelling unit as a park development fee. These payments are payable prior to occupancy releases or property transfers in lieu of filing liens as prescribed in Condition 25 of Resolution No. 1376 (1986 Series). 4. The Subdivider hereby agrees to move any sewer main that is installed in an undeveloped area if subsequent development does not locate streets or other acceptable easement areas over the sewer main in ultimate development. 5. The Subdivider hereby agrees to complete the first phase of creek improvement plans prior to building permits on Lots 65 through 87 and to complete improvements prior to occupancy of any houses on said lots. This includes fencing, paths, erosion control ona landscaping. The creek plans for the area adjacent to the first phase may be submitted separately for this purpose. (Per Condition 20 of Resolution 6027 - 1986 Series). 3 �� ` /60 6. The Subdivider has installed the Bullock Lane waterline per Condition 28 of Resolution 6027 (1986 Series), pursuant to an agreement per Resolution No. 6214 (1986 Series). Subdivider is entitled to reimbursement as specified in said agreement. Costs for litigation to obtain waterline easement(s), including the portion of Bullock Lane fronting on that parcel commonly known as 3590 Bullock Lane, San Luis Obispo, California, are to be the subdivider's responsibility, per said agreement. 7. The Subdivider hereby agrees to construct and landscape the detention basin and related area to City approval. The Subdivider shall establish a maintenance and inspection program for the detention basin and shall be responsible for maintenance until turning the responsibility over to the Homeowner's Association. 8. The Subdivider has posted a $2000 deposit to guarantee the installation of street furniture for transit systems (per Condition 17 of Resolution No. 6027 - 1986 Series). The restoration of lost section corners and retracement of section lines within the Subdivision shall be in accordance with Division 4, Chapter 15 of the Land Surveyors Act of the Professions and Vocations Code of the State of California, paragraph 8771 et seq. The Subdivider attaches hereto, as an integral part hereof, and as security for the performance of this agreement, instruments of credit or bonds approved by and in favor of the City of San Luis Obispo, and conditional upon the faithful performance of this agreement. Said bonds are in the total amount of $2,400,000.00, which is the amount of the estimated cost of remaining 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. 4 C _ oq 17 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 some or any breach of this agreement. If the Subdivider fails to complete the work within the prescribed time, the Subdivider agrees that City may, at its option, declare the instruments of credit or bonds which have 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 agrees to deposit with the City labor and material bonds in the amount of 50% of the above described subdivision improvements in accordance with State law. Said Subdivider has deposited with the City the sum of $72, 000.00 (3% of $2,400,000.00) in addition to $32,000.00 previously deposited prior to start of work under Tract 1376 (Units I & II) (Fund x/664) from which deposit the City will pay the salary and expenses of an inspector or inspectors to inspect installation of remaining subdivision improvements and certify that they have been completed in accordance with the plans and specifications. Any unexpended monies will be returned to the Subdivider. In the event the inspection fees exceed the sum of $72,000.00, the difference is to be paid by the Subdivider. The City reserves the sole discretion in determining the amounts to be paid for salary and expenses of said inspector or inspectors. 5 � q- / S In accordance with 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. 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 the City copies of the successful bidder's contract unit prices and total bid prices for all of the improvements herein referred to. IN WITNESS WHEREOF, this agreement has been executed by: CITY OF SAN LUIS OBISPO SUBDIVIDER THE P I ORPORATION ali nio Corporation MAYOR Bil Co lan Vice President ATTEST: CITY CLERK Approved a to form: City At rney City Engineer Agr-1376 by C g o c << L , {.LP L" , AGREEMENT This JGREEMENT (the "Agreement' herein), entered into on May 5, , 1987 is between THE PACIFICA CORPORATION, a California corporation, referred to herein as "Subdivider", and the CITY OF SAN LUIS OBISPO, a Municipal corporation, referred to herein as "City". (A) Subdivider owns the Islay Hill portion of that real property located within City which is subject to the Edna-Islay Specific Plan, which specific plan has duly been adopted pursuant to Resolution No. 4733 ( 1982 Series), by the City Council of City, and (B) Condition to the development of Subdivider's said real property under Tract 1376 is the extension of a 12" diameter public water main pursuant to Condition 28 per Resolution No. 6027 ( 1986 Series). (C) Santa Lucia Hills, the Subdivider of the Edna area of the Edna-Islay Specific Plan area, has previously depositedea total of $65,530.00 with the City as a guarantee for a pro-rata share of the Bullock Lane waterline in conjunction with Tract Nos. 1235 and 1264 as a part of the respective subdivision agreements. The estimated total cost of said Bullock Lane waterline is $176,800.00. (D) Subdivider, pursuant to an agreement with Santa Lucia Hills, has agreed to post the entire bond for the waterline and in so doing will provide for the release of the cash deposits on file with the City to Santa Lucia Hills. NOW THEREFORE, City and Subdivider agree as follows: ( 1 ) Subdivider agrees to provide, at its expense, plans, specifications, and all necessary construction engineering services for the extension of the Bullock Lane waterline and shall post a Faithful Performance bond in the amount of $176,800.00, and a Labor & Materials bond in the amount of $88,400.00 to guarantee same. and further agrees to pay for all acquisition costs for off-site easements as prescribed in the aforementi0hed Condition 28 of Resolution No. 6027 (1986 Series). Such bonding shall be in accordance with Section 66499.7 and Section 66499.9 of the Government Code of the State of California (Subdivision Map Act). (2) Upon final completion and acceptance of the waterline by the City, City will release all but 10% of the security guaranteeing the faithful performance, that being deemed sufficient to guarantee repairs to any defects in the improvement arising over a period of one (1 ) year following completion and acceptance thereof by the City Council against any defect in work or labor done or defective materials furnished in the performance of this agreement. (3) Subdivider shall be entitled to reimbursement for direct service connections (other than main line extensions) in accordance with Chapter 13.04 of the Municipal Code for non-participating properties. (4) City shall release the aforementioned cash deposit to Santa Lucia Hills upon execution of this agreement and upon receipt of the aforementioned bonds. Executed in duplicate originals as 5th day of May 1987 at San Luis Obispo, California, City of San Luis Obispo by: ATT ST: 14A�OR(rRON DUNIN CITt CLERK PAPS GES SUBDIVIDER: The Pacifica Corporation The Pacifica Corporation A Califor�ka Corporation By: By: Glen L. Aalbers Paul Siegel Vice-President Planning & Engineering Sr. Vice-President jk4/pacifica / bv 0 _Q_�, Approved: City Att ney t C ty Engineer - - -- Community Development Direc-tor