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HomeMy WebLinkAboutReso 1969-5058• ~ Form'No~ 342 Rev- 8-6~ RESOLUTION NO,~ 5058 RES~?LUTION OF THE CITY COUNCIL OF THE CITY OF° CHULA VT_STA APPROVINv AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND PACIFIC BAY LAND COMPANY FOR CONSTRUCTION OF A MODEL HOME COMPLEX IN SAN SIMEON SUBDIVISION UNIT N0. 1 AND AUTHORIZING THE MAYOR TO EXECUTE SAME The City Council of the City of Chula Vesta does hereby resolve as follows: That that certain agreement between the City of Chula Vzsta, a ma.nicipal corpora~.=.i.on, and Pacific Bay Land Company, a partnership, for construction of a model home complex in San Simeon Subdivision Unit No. 1, insuring the full improvement of Floyd Avenue and payment of sewer reimbursement in connection with the development of said subdivision, dated the 1st day of February , 19 69 , a copy of which is attached hereto and incorporated herein, the same as though fully set forth herein be, and the same is hereby approved, BE 1T FURTHER RESOLVED that the Mayor of the City of Chula Vrsta be, and he is hereby authorized and directed to execute said agreement for and on behalf of said City- Presented by ~ _._.~- Lane F. C le, Directo off--Public Works Approved as to form by George D, n erg,-City A orne ADOP`T'ED AND APPROVED by the CITY COUNCIL of the CITY OF" CHULA VISTA;; CAL~1F'ORNTA6 this 11th day of February 1969 by the following votes to-wit: AYES : Councilmen! Scott, Sylvester, Hamilton, McCor uodale, McAllister NAPES : Councilmen None ABSENP: Councilmen None :- ~Arlayor of the Ci ~~ ~ Chula Vista ~ / ~~ City Clerk STATE 0~' CAL, FORMA COUNTY OF SAN DIEGO ss~ CITY OF CHULA VISTA 1, , City Clerk of the City of Chula Vista, CaliforniaF DO HEREBY CERTIFY that the above is a full, true and correct copy of Resolution No, and that the same has not been. amended or repealed, DATED City Clerk ~- AN AGREEMENT TO INSURE THE FULL IMPROVEMENT OF FLGYD AVENUE AND PAYMENT OF SEWER REIMBURSEMENT IN CONNECTION WITH THE DEVELOPMENT OF THE PROPOSED SUBDIVISION TO BE KNOWN AS SAN SIMEON UNIT N0. 1 THIS AGREEMENT, made and entered into this ~~ day of rEBP.-~s'ruf 196`i by and between the CITY OF CHULA VISTA, a municipal corporation, hereinafter called "City," and PACIFIC BAY LAND COMPANY, a partnership, 12201 Wilshire Boulevard, Los Angeles, California 90025, hereinafter called "Subdivider," W I T N E S S E T H WHEREAS, Subdivider has heretofore submitted a tentative of a proposed subdivision to be known as San Simeon Subdivision, which was approved by the City Council by Resolution No. 4977 adopted on the 26th day of November, 1968, and WHEREAS, Subdivider desires to proceed with the construction of a model home complex within said subdivision prior to the records- tion of a final map of San Simeon Subdivision Unit No. 1, and WHEREAS, Subdivider has heretofore submitted to the City of Chula Vista a Declaration of Restrictions covering the proposed model home complex, which Declaration of Restrictions prcvides, among other things, that said model homes will be removed in the event that the final map of said subdivision has not been recorded on or before December 31, 1969, and WHEREAS, said model home complex will front on a certain street to be known as FLGYD AVENUE, and the City desires that said street be fully improved in conjunction with the construction of said model homes and. as a part of the public improvements within San Simeon Unit No. 1, and WHEREAS, the City desires to have said FLGYD AVENUE fully dedicated and sewer reimbursement fees fully paid prior to the issuance of building permits for said model homes, and WHEREAS, Subdivider is willing, in consideration of the issuance of said building permits and authorization to proceed with said model homes prior to the approval of the final map of San Simeon Unit No, 1, to fulfill the requirements as set forth by the City. NOW, THEREFORE, IT IS MUTUALLY UNDERSTOOD AND AGREED by and between the parties hereto as follows: 1. That Subdivider will present to the City, for acceptance by the City Council of the City of Chula Vista, prior to the issuance of building permits for the model home complex, an Offer of Dedication for that portion of the easterly half of FLGYD AVENUE adjacent to the lots on which the model home complex is proposed to be constructed. 2. Subdivider agrees to pay to the City sewer reimbursement fee in the amount of TWO THOUSAND, FOUR AND 04/100 DOLLARS ($2,004.00), said payment to be made prior to the issuance of said building permits. 3. Subdivider further agrees that simultaneously with the execution of this agreement, he will furnish and deliver to the City an approved improvement security in the amount of THREE THOUSAND, ONE HUNDRED THIRTY-EIGHT AND 30/100 DOLLARS ($3,138.30), to guarantee the faithful performance of the improvements required on the portion of FLGYD AVENUE stated herein, and the amount of ONE THOUSAND, FIVE HUNDRED SIXTY-NINE AND 15/100 DOLLARS ($1,569.15) for labor and material. -1- /" 4. The condition of the aforementioned bonds or improvement securities is the completion of the public improvements required to be installed on FLOYD AVENUE, as shown on Drawing No. 69-3D, on file in the Office of the Director of Public Works. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed the day and year first hereinabove set forth. T Y OF CHULA VI/ST~ d v SUBDIVIDER: PACIFIC BAY LAND COMPANY, a partnership Byron H. sky, President Attach Notary Acknowledgment Here. Byron L sky Co; Partner Approved as to form by /~ George D. indberg, City Attorney TO 445 C (Agent of Partnership) O STATE OF CALIFORNIA l COUNTY OF San Diego t SS. On _ February 1, 1969 ,before me, the undersigned, a Notary Public in and for said state, personally appeared_ Byron H. Lasky w known to me to be the agent of the partnership that executed the within instrument and acknow]edged to me Is = that- he_ executed the same for and on behalf of said partnership and that said partnership executed the same. w J WITNESS my hand and official sea]. Signature ~~~~~''`~P'E' ~~~Q ct/~~- ~~ FLORA NC~UGHERTY ~~ J b ,~t~ fJOT~.R'r PUSLIU CALi=UR~IP. Florence J. Dougherty ~ ~`t ~1,, y°' PRINCIPAL OFFICE IN Name (T ~ `~ yped or Printed) ~ \~,.;.'.:/ SAN DIEGO COUNTY S j My ~e~mission Expires Aug. 28, 1970 } ~-~ (This area for official notarial seal) _ _.__ _._