Loading...
1995-33086 ~ -' . . Recording Requested By: 4.- When Recorded Mail To: 1288 City Clerk " City ofEncinitas 505 South Vulcan Avenue Encinitas, California 92024 AGREEMENT FOR IMPROVEMENTS IN PUBLIC RIGHT-OF-WAY (LIEN CONTRACT) Assessor's Parcel Nos. 255-024-01, 257-040-15 & 257-490-24 Project No.: DR 91-044 This AGREEMENT executed this I') pf day of £i-prEI'\&?-t2- 1994, by and between HOME DEPOT u.SA, INe. 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 (the "Property"), and WHEREAS, the OWNER is currently proposing a Home Depot home improvement center, outdoor garden area and associated loading dock, parking facilities and landscaping on the Property, and WHEREAS, the Property is adjacent to an incomplete street known as Olivenhain Road, and WHEREAS, the improvements will generate more traffic and the OWNER has agreed to reimburse the CITY for the costs of certain improvements to Olivenhain Road in accordance with Chapter 23,08 of the City ofEncinitas code, and WHEREAS, pursuant to Chapter 23.08 of the City ofEncinitas code, the City Engineer has recommended that construction of those improvements required by the CITY be postponed and that the OWNER be required to execute an agreement to pay for 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 R 1/94258007. DC IIBNSIH3985-054/09-15-94/gtb . . 1289 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 CITY agrees to accept the dedications, if any, and upon the completion of the improvements required herein to the satisfaction of the City Engineer, agrees to dedicate said improvements to the public and for public streets. 2. The OWNER, as required by DR 91-044, agrees, covenants, and promises to reimburse the CITY for the actual costs reasonably incurred by the CITY in constructing and installing the improvements herein set forth (the "Reimbursement Amount") at a time satisfactory to the CITY, provided, however, that the OWNER shall not be required to reimburse the CITY the Reimbursement Amount before July 1,1995, or within such further period of time as is 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 has frontage; or (b) When owners of more than 60% of the frontage, between intersecting streets on both sides ofthe street upon which the Property has frontage, have petitioned the CITY to form an improvement district for the improvement of said streets and the CITY initiates such proceedings. 3. That for the faithful performance ofthe promises and covenants herein contained, the OWNER hereby grants to the CITY a lien upon the Property, and in the event the OWNER, his/her successors, heirs, assigns, or transferees fail to reimburse the CITY the Reimbursement Amount within thirty (30) days after written demand to do so, he/she agrees that the CITY may do all of the following: (a) Charge the Reimbursement Amount 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 after written notice ITom the CITY to the OWNER of 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) 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. 4. That it is agreed that anything herein contained to the contrary notwithstanding, the promises and covenants made herein shall not be binding upon the holders, mortgagees, or beneficiaries of any purchase money mortgage or trust deed, for value which has -2- R 1/94258007. DC IIBNSIH3985-054/O9-15-94/gtb . . 1290 '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 is acquired by or as a result of a foreclosure or trustee's sale of any such first mortgage or first trust deed 5. 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. 6. As provided in this Agreement, the OWNER will reimburse the CITY the actual cost and expense of constructing the following improvements: OLIVENHAIN ROAD 1. Curb and gutters, 670 lineal feet along the Property, 2. Sidewalk, 670 lineal feet along the Property, 5 feet wide. 3. 24 feet of roadway pavement, 670 lineal feet along the Property. 4. Not reimbursable is work performed outside the 670 lineal feet ofthe Property, earthwork, bridgework and work on the side of Olivenhain opposite the Property. EL CAMINO REAL/OLIVENHAIN ROAD/LEUCADIA BOULEVARD INTERSECTION 1. An eight and 3/10 percent (8.3%) share in the total cost of the following improvements to the EI Camino Real/Olivenhain Road/Leucadia Boulevard intersection: (A) Curb, gutter, paving, and side walk ITom: (I) 1+91.12 PCR Olivebain Road to 28+86.14 PCR Leucadia Boulevard; and (2) 80+ 11.65 PCR EI Camino Real to 82+14.72 PCR El Camino ReaL (B) Traffic signal improvements. (C) Undergrounding and relocation of utilities within the limits specified in (A) above. (D) Grading within the limits specified in (A) above. -3- R 1/94258007. DC IIBNSIH3985-054/09-15-94/gtb . . . 1291 (E) Drainage facilities within the limits specified in (A) above. (F) Bridge widening improvements from the connection to the Leucadia Boulevard bridge easterly across EI Camino Real to the east terminus of the structure. OWNER: HOME DEPOT u.SA, INC., a Delaware corporation ~~~~ ~ Title: (ovþlJYM-t CO1; v1SeA - VJe<;,ÞVl )\' V IS I UVì CITY: CITY OF ENCINIT AS -4. R 1/94258007. DC lIBNSIH3985-054/09-15-94/gtb . . c rr~lf~/JIR 1292 'STATE OF ) O¡¿ft1v~¡¿ ) ss. COUNTY OF ) On <;fp+-ewdwvICJ !~1~beforeme, Jfal1l1.etf-e (YlCc(Cttn,a Notary Public in and for said state, persona'ily appeared Dðl1 ~( R. J.!--tÞk.h , personally known to me (or 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. WITNESS my hand and official seaL OFFICIAL NOlARv SEAL Ji","NEllE MC CLAIN N,J,", , Public.. CEdl/ornl. ')CI.,NCE COUNTY M, CO",'" boice, NOVO41Ð94 ~'-~~,....,....,....,."""",, 94257002.DOC/DWW /AO045-136/09-14-94/gtb ..' . . EXHIBIT U Au TO 1293 AGREEMENT FOR IMPROVEMENTS IN PUBUC RIGHT-OF-WAY PROJECT NO, TM 91-{)44 lliE PROPERTY REFERENCED BY lliIS AGREEMENT IS DESCRIBED AS FOLLOWS: PARCEL 1 THAT PORTION OF LOT 8 IN SECTION 2, TOWNSHIP 13 SOUlli, RANGE 4 WEST, SAN BERNARDINO BASE AND MERIDIAN, LYING WESTERLY OF lliE WESTERLY LINE OF THE RANCHO LOS ENCINITAS AND THE NORTHWEST QUARTER OF THE NORlliEAST QUARTER OF SECTION 11, TOWNSHIP 13 SOUlli, RANGE 4 WEST, SAN BERNARDINO BASE AND MERIDIAN, ALL BEING IN THE CITY OF ENCINITAS, COUNTY OF SAN DIEGO, STATE OF CAUFORNIA, ACCORDING TO OFFICIAL PLAT lliEREOF. EXCEPTING THEREFROM lliOSE PORTIONS THEREOF DESCRIBED IN DEED TO lliE COUNTY OF SAN DIEGO, ROAD SURVEY NO. 1800-1, RECORDED NOVEMBER 28,1969 AS FILE NO. 217326 OF OFFICIAL RECORDS. ALSO EXCEPTING THOSE PORTIONS LYING WESTERLY OF THE EASTERLY LINE OF THE 90 FOOT STRIP OF LAND DESCRIBED IN PARCEL NO. 67083-A IN SAID DEED TO THE COUNTY OF SAN DIEGO, RECORDED NOVEMBER 28, 1969 AS FILE NO. 217326 OF OFFICIAL RECORDS. ALSO EXCEPTING THAT PORTION OF SAID LOT 8 LYING NORTHERLY OF THE SOUTHERLY UNE OF iliA T CERTAIN 60 FOOT STRIP OF LAND DESCRIBED IN PARCEL NO. 61294-B IN DEED TO THE COUNTY OF SAN DIEGO, RECORDED SEPTEMBER 28, 1961 AS FILE NO. 169289 OF OFFICIAL RECORDS, KNOWN AS ROAD SURVEY NO. 1631. PARCEL 2 LOT 24, CITY OF ENCINITAS TRACT NO. 87-{)Q6, MAP NO. 12433, RECORDED JULY 31, 1989, IN lliE CITY OF ENCINITAS, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA.