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1999-451053 . ' . DOC . 199~)-'O451053 " . . 3957 JUN 29 !I 1~)99 9:49 At"j . Recording Requested By: ) City of Encinitas ) OFFICIAL RECORDS When Recorded Mail To: ) SAN DIEGO COUNTY RECORDEF~' S OFF ICE T2 City Clerk ) GREGORY J. SMITH, COUNTY RECORDER City of Encinitas ) FEES: 0.00 W 505 South Vulcan Avenue ) 111111111 II 1111111111 IJF Encinitas, CA 92024 ) I (!Afyv AGREEMENT FOR IMPROVEMENTS 1999-0451053 IN PUBLIC RIGHT-OF-WAY (LIEN CONTRACT) FOR THE. BENEFIT OF-11tE c.ny Assessor's Parcel Project No.: EN 99-508 No, 256-030-37-00 This AGREEMENT executed this ,16th day of April. 1999 by and between For:.ç! Capital HoldinQs LLC hereinafter called the OWNER, and the CITY OF ENCINITAS, a political subdivision of the State of California. hereinafter called the CITY, is as follows: WHEREAS, the OWNER owns property described as: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF BY THIS REFERENCE WHEREAS, the OWNER is currently proposing a tenant improvement to create office space in an existing commercial shell, WHEREAS, the property is adjacent to an incomplete street, and WHEREAS, the improvement will cost more than $10,000 and the OWNER has agreed to provide the improvements in accordance with Chapter 23 of the City of Encinitas code, and WHEREAS, pursuant to Chapter 23 of the City of Encinitas code, the City Engineer has agreed that construction of those improvements required by the CITY to be constructed by the OWNER may be postponed and that in order to defer the improvements, the OWNER is required to execute an agreement to construct said improvements in the future and to grant a lien to the CITY upon said property to secure the cost of construction of said future improvements, and WHEREAS, the OWNER is agreeable to the execution of such an agreement; NOW THEREFORE, IT IS AGREED by and between the parties hereto as follows: 1) The OWNER, in lieu of making the improvements specified herein, and required by City ordinance agrees, covenants, and promises that he/she will install, construct, or cause to be installed or constructed the improvements herein set forth at a time satisfactory to the CITY, provided, however, that the OWNER shall not be required to complete said improvements before 1 year or within such further period of time as is gc6144a . . . '. . 3958 hereafter specified by the CITY, or such extended period of time which may have been specified by the CITY: a) When the City Council has initiated assessment proceedings over an area between intersecting streets on both sides of the street upon which the property herein described has frontage; or b) When owners of more than 60% of the frontage, between intersecting streets on both sides of the street upon which the property herein described has frontage, have petitioned the CITY to form an improvement district for the improvement of said streets and the CITY initiates such proceedings. Such improvements shall be made without cost or expense to the CITY. The CITY estimates that the cost of construction of said improvements at the time of the signing of this Agreement is $13,431 (Exhibit "B"). The OWNER hereby acknowledges that said cost is a reasonable estimate of construction costs at this time and that the actual cost of said improvements at some time in the future may exceed this estimate; and the OWNER hereby agrees that his/her obligation under this Agreement extends to the actual cost of construction of said improvements, notwithstanding it may exceed such estimate. 2) That for the faithful performance of the promises and covenants herein contained the OWNER hereby grants to the CITY a lien upon the property herein described, and in the event the OWNER, his/her successors, heirs, assigns, or transferees fail to install and construct said improvements in the manner and within the time specified herein. he/she agrees that the CITY may do all of the following: a) Install and construct said improvements by contract or otherwise, and grant permission to the CITY or its contractor and his/her employees to enter upon any portion or portions of the property reasonably necessary for said construction, and the entire cost and expense of said improvements shall be charged against said property. Said cost and expense shall be payable by said OWNER, his/her successors, heirs, assigns or transferees, immediately upon completion of said improvements, and in the event the same is not paid within thirty (30) days from said completion, the CITY may foreclose said lien as provided by law for the foreclosure of mortgages, and the OWNER agrees that the amount of said lien shall include reasonable attorney's fees which shall be taxed as a cost in any suit for such foreclosure. b) Direct the City Engineer to estimate the cost of the work required to complete said improvements and foreclose said lien in said amount. c) Foreclose said lien as a mortgage. d) Pursue any other remedy, legal or equitable by law for the foreclosure of a lien, and the OWNER, his/her heirs, successors, assigns and transferees shall pay reasonable attorney's fees to be taxed as a cost in said proceedings. 3) That it is agreed that anything herein contained to the contrary notwithstanding, the promises and covenants made herein shall not be binding upon the gc6144a . . . ' 3959 holders, mortgagees, or beneficiaries of any purchase money mortgage or trust deed, for value which has been or may in the future be executed by the OWNER, his/her heirs, successors, representatives, assigns, or transferees, and the lien hereby created shall be and is hereby subordinated to and declared to be inferior and subsequent in lien to the lien of any such purchase money mortgage or trust deed. The lien hereby created shall likewise be of no force or effect against any owner whose title to the property herein described is acquired by or as a result of a foreclosure or trustee's sale of any such first mortgage or first trust deed. 4) That at any time during the period herein provided, the OWNER, his/her heirs, successors, representatives, assigns, or transferees, may place a cash deposit or post a form of surety satisfactory to the CITY to charge said surety with the cost of said improvements, the amount of security to be the estimated cost of improvements, as ascertained by the City Engineer at the time of the request, and that upon deposit of said cash or posting of said surety the CITY agrees to release the property, or any portion of it under single ownership, from the provisions of the Agreement, and to execute any necessary release to enable the OWNER, his/her heirs, successors, representatives, assigns, or his/her transferees to clear the record title of the property so released of the lien herein imposed. 5) The OWNER will cause to be constructed, in accordance with CITY standards, at his sole cost and expense, the following improvements: 1) Curb and gutters, 180.00 lineal feet. Face of curb to be located 41.00 feet from the centerline and the southeast corner curb return. 2) Sidewalk, 180.00 lineal feet, 5.0 feet wide plus handicap ramp on corner. 3) -1- driveway, 20.0 feet wide. 4) Roadways, a 19.0 foot strip of pavina 200.0 feet lona alona property frontaae with Leucadia Boulevard. Minimum paved section 4" AC on 6" AB, includina necessary clearina and arubbina and utility relocations. gc6144a , . . \ 3960 6) Upon completion of the improvements indicated on Exhibit "B" attached hereto and made a part hereof of the City of Encinitas shall release this lien recorded upon the property within forty-five (45) days after the notice of completion is filed by the OwneL OWNER: William F Ford Jr. -- ~ -::J - //- ~-r::;~é - en Signature of owners to be notarized. ForJ Ú4f;tp",,( Attach the appropriate acknowledgements. H-o IJ i A.~ .5 L L c.. ~ I(J;;XUO Alan D. Archibald Director of Engineering Services STATE OF CALIFORNIA) ) SSe COUNTY OF SAN DIEGO) On June 11, 1999, before me, J.F. WATTS, Notary Public, personally appeared WILLIAM F. FORD, JR., proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument, the person or the entity upon behalf of which the person acted executed the instrument. /) }- (Signature of Notary (NOTARY SEAL) ~--"""""':: gc6144a . - , . 3961 I' GOVERNMENT CODE 27361.7 ] I CERTIFY UNDER PENALTY OF PERJURY THAT THE NOTARY SEAL ON THE DOCUMENT TO WHICH THIS STATEMENT IS ATTACHED READS AS FOllOWS: ..- Name of the Notary: J: F, W~+t-s Commission Number: I / 6 '-/66 'if' Date Commission Expires: Ð~ /0 .) 200 / County Where Bond is Filed: ~ V1 D 'e :r 0 Manufacturer or Vendor Number: Cs C .1- (located on both sides of the notary seal border) Signature: ~~-~ , . . Firm Name (if applicable) . Place of Execution: ~ J1. t1 'e C(' 0 Date: .£. þ; /1 I V / I ReG. Form IIR1O (Rev. 7/961 . . . to 3962 EXHIBIT "AI! The property referenced by this agreement is described as follows: LEGAL DESCRIPTION THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF SAN DIEGO AND IS DESCRIBED AS FOLLOWS: PARCEL 1: THE NORTHWESTERLY 99 FEET OF THE SOUTHWESTERLY 200 FEET OF LOT 5 OF LEUCADIA ACRES, IN THE CITY OF ENCINITAS, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 1704, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, JUNE 5, 1918, ALSO THAT PORTION OF FULVIA STREET VACATED AND CLOSED TO PUBLIC USE AS OF NOVEMBER 23, 1923, BY ORDER OF THE BOARD OF SUPERVISORS OF SAN DIEGO COUNTY, A CERTIFIED COpy OF SAID ORDER BEING FILED IN THE OFFICE OF COUNTY RECORDER OF SAN DIEGO COUNTY ON DECEMBER 6, 1923, WHICH LIES NORTHWESTERLY OF SAID PORTION OF LOT 5 AND SOUTHEASTERLY OF THE SOUTHEASTERLY LINE OF FULVIA STREET AS SHOWN ON MAP OF SOUTH COAST PARK NO. 1776, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, JANUARY 11, 1924. The property referenced by this agreement is described as follows: EXCEPTING FROM ALL THE ABOVE DESCRIBED LAND THOSE PORTIONS DESCRIBED IN DEED TO THE COUNTY OF SAN DIEGO RECORDED JULY 12, 1971 AS DOCUMENT NO. 150010 OF OFFICIAL RECORDS SET OUT AS FOLLOWS: PARCEL 71-0429-A THE NORTHWESTERLY 42.0 FEET AND SOUTHWESTERLY 17.00 FEET OF THAT PORTION OF LOT 5 OF LEUCADIA ACRES AND THAT PORTION OF FULVIA STREET DESCRIBED IN DEED TO SOUTHWEST BANK RECORDED APRIL 29, 1969 FILE NO. 73574 OF OFFICIAL RECORDS. PARCEL 72-0429-B THAT PORTION OF SAID SOUTHWEST BANK LAND LYING WESTERLY OF A 20.00 FOOT RADIUS CURVE CONCAVE EASTERLY TANGENT TO THE SOUTHEASTERLY AND SOUTHWESTERLY LINES OF PARCEL 7109429-A DESCRIBED ABOVE. EXCEPTING THEREFROM PARCEL 71-0429-A PARCEL 72-0429-C THAT PORTION OF SAID LOT 5 DESCRIBED AS FOLLOWS: gc6144a " . . 3963 '. BEGINNING AT THE SOUTHWESTERLY CORNER OF SAID SOUTHWEST BANK LAND THENCE SOUTHEASTERLY ALONG THE SOUTHWESTERLY LINE OF SAID LOT 5, A DISTANCE OF 10.00 FEET; THNCE NORTHEASTERLY PARALLEL WITH THE SOUTHEASTERLY LINE OF SAID SOUTHWEST BANK LAND, A DISTANCE OF 17.00 FEET; THENCE NORTHWESTERLY PARALLEL WITH THE SOUTHWESTERLY LINE OF SAID LOT 5 A DISTANCE OF 10.00 FEET; THENCE SOUTHWESTERLY ALONG THE SOUTHEASTERLY LINE OF SAID SOUTHWEST BANK LAND TO THE POINT OF BEGINNING. PARCEL 2: THE NORTHWESTERLY 10.00 FEET OF THE SOUTHEASTERLY 301.00 FEET OF THE SOUTHWESTERLY 200.00 FEET OF LOT 5 OF LEUCADIA ACRES IN THE CITY OF ENCINITAS, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 1704, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAID SAN DIEGO COUNTY, JUNE 5, 1918. gc6144a , - ,~ . . \' 3964 . EXHIBIT "B" CITY OF ENCINITAS ESTIMATE OF QUANTITIES AND COST Reference: EN 99-508 Area Leucadia Road Leucadia Boulevard Quantities by GA C Date 4/16/99 Estimate by GA,C, Date 4/16/99 No. Quantit Unit Item Unit Amount v Prir.p 1, 3800,0 s.f. AC. Paving (4" AC. on 6" AB. min. section $ 1.80 $6840.00 2. 180.0 Lt. Pee Curb and Gutter (SDRSD G-2) $ 10.50 $1890.00 3. 900.0 s.f. Pee Sidewalk (SDRSD G-7) $ 2.50 $2250.00 4. 200.0 s.f. Pee Driveway Apron (SDRSD G-14) $ 3.00 $ 600,00 5. 1 I.s. Pee Pedestrian Ramps (SDRSD G-27, G-31) $630.00 $ 630.00 6. 0.0 s.t. Alley Paving (4" ACo on 6" AB. min. section) $ 1.80 00 10% Contingency $1221.00 Total $13,431.00 This is an ESTIMATE ONLY. Quantities, units, and sizes may be modified and are subject to the approval of the final engineering plans by the CITY ENGINEER, Remarks ge6144a