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HomeMy WebLinkAbout1992/01/14 Item 7 COUNCIL AGENDA STATEMENT Item Number 7 Meeting Date 'I ~ I tf2.. ITEM TITLE: Resolution I(,"'{,~proving a Revision of a Three Party Agreement for Otay Ranch Development Processing between the City of Chula Vista, Robert Bein, William Frost and Associates and Baldwin Vista Associates, L.P. and Authorizing the Mayor to Execute Said Agreement VIA: General Manager, Otay Ranch Project SUBMlTlhD BY: Deputy City Manager Krempl~ REVIEWED BY: City Manage~~ , ~ (4j5ths Vote: Yes_No X) The City of Chula Vista is the agency designated in an agreement between Chula Vista and the County of San Diego to approve consulting contracts for the Otay Ranch. The payment schedule proposed in the latest Agreement approved by the City Council (November 12, 1991) needs to be revised per a request from Baldwin Vista Associates. Robert Bein, William Frost and Associates (RBF) has reviewed this revised Agreement and agrees to all of the terms and conditions stated therein. The County is supportive of this Contract revision. RECOMMENDA110N: Adopt a resolution modifying the existing Agreement with RBF to include the revised payment schedule and authorizing the Mayor to sign the attached Agreement. BOARDS/COMMISSION RECOMMENDA110N: Not applicable. DISCUSSION: RBF has been under contract with the City of Chula Vista to provide planning services for the Otay Ranch since August 1989. First and second modifications to the Agreement were authorized by Council in February 1990, a third modification was approved in November 1990, a fourth modification was approved in April 1991 and a fifth modification entitled "Second Three Party Agreement for Otay Ranch Development Processing" was approved in November, 1991. For information, the major purpose of the previous Agreements were as follows: . Original Contract - August I, 1989: for planning services related to the Otay Ranch ., - J ___..u Page 2, Item No. 7 Meeting Date I / 1~/'12. · Amendment #1 - February 13, 1990: additional work on goals and objectives as requested by the Executive Staff Committee · Amendment #2 - February 27, 1990: development of four Project Team alternatives as requested by the Interjurisdictional Task Force · Amendment #3 - November 13, 1990: RBF review of applicant's revised plans · Amendment #4 - April 21, 1991: continuation of Task Force work program; establishment of payment schedule · Amendment #5 - November 12, 1991: continuation of Task Force work program through June, 1992 and revision to payment schedule. This modification is presented to the City Council due to the need to amend the payment schedule approved in the November, 1991 Agreement. That Agreement had the City, upon deposit by Baldwin Vista, paying RBF & Associates a fixed sum of $15,000.00 per month even though RBFs invoices are exceeding that amount on a monthly basis. All monies were then due and payable on January 2, 1992. Baldwin Vista, Ltd. requested, and RBF & Associates agrees to, an amendment that revises the monthly payment to $50,000.00 and extends the deferred amount to be payable, in full, to June 30, 1992. The scope-of-work is not amended by this modification. The scope-of-work calls for preparation of portions of the General Development Plan/Community Plan, continued work on issue papers, providing assistance to the Project Team and the Executive Staff Committee, attendance at public meetings as requested, providing input and review of Implementation Plans and any other plan documents, environmental input and coordination assistance and preparation of the General Plan Amendment Report. The scope-of-work also provides for all the support work necessary for presentations to the Citizen and Technical Committees plus outside groups which are interested in the project. As part of the Three Party Agreement, an Otay Ranch trust fund is established. That is not affected by this modification. The trust fund is designed to receive deposits and security from the Applicant and to disburse assets of fund. The City's exposure to pay on this Agreement is limited to the assets in this fund. FISCAL IMPACT: There will be no fiscal impact on the funds of the City because the Baldwin Company will be funding this continuing scope-of-work. ì~2 .-..- _.~,,- RESOLUTION NO. 1(, 1../ ~5 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE THIRD THREE PARTY AGREEMENT FOR OTAY RANCH DEVELOPMENT PROCESSING BETWEEN THE CITY OF CHULA VISTA, ROBERT BEIN, WILLIAM FROST AND ASSOCIATES AND BALDWIN VISTA ASSOCIATES, L.P. AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT WHEREAS, the City of Chula vista is the agency designated to approve consulting contracts for the Otay Ranch; and WHEREAS, additional work is being requested of Robert Bein, William Frost and Associates over and above the original scope-of-work; and WHEREAS, the agreement has been reviewed by all parties and is acceptable to RBF, Baldwin and the City. NOW, THEREFORE, BE IT RESOLVED that the City Council of the city of Chula vista does hereby approve a Third Three Party Agreement for Otay Ranch Development Processing between the city of Chula Vista, Robert Bein, William Frost and Associates and Baldwin vista Associates, L.P., a copy of which is on file in the office of the City Clerk. BE IT FURTHER RESOLVED that the Mayor of the City of Chula vista is hereby authorized and directed to execute said Agreement for and on behalf of the City. Presented by m by Á George Krempl, Deputy City Bruce M. Boogaa d, ity Manager Attorney C:\RS\RPF OIay Ranch í - d /1-11 __..ou --~'- - -~----.--..--.----.-----_._-..'--_.'-- Third Three Party Agreement for otay Ranch Development Processing This Agreement ("This Agreement") is made this January 14, 1992 for the purposes of reference only, and effective as of the date last executed between the parties, between the City of Chula vista ("city") herein, a municipal corporation of the state of California, Baldwin vista Associates, Ltd., a California Limited Partnership, ("Applicant"), and Robert Bein, William Frost & Associates ("Consultant"), Professional engineers, Planners & Surveyors, and is made with reference to the following facts: Recitals Whereas, Applicant is the owner of a 22,700 acre parcel of land located outside the current City limits for the city of Chula Vista, and within the unincorporated area of the County of San Diego, and is commonly known as the "Otay Ranch"; and, Whereas, Applicant is the proponent of the development of the Otay Ranch according to the concept plan and description presented to the City Council ("otay Ranch Project") and made a part of a Statement of Intentions adopted by the Council on April 25, 1989, and in that regard is the proponent of a General Plan Amendment and General Development Plan application; and Whereas, City has entered into a Memorandum of Understanding ("MOU") with the County of San Diego ("County") to provide for the joint planning of the development of the otay Ranch through a coordinated and cooperative effort of selected personnel from both the City and the County ("Joint Project Team", or alternatively "Team"); and, Whereas, pursuant to said MOU, City is primarily responsible for contracting for consulting services needed to plan for the development of the Otay Ranch; and, Whereas, in order to fulfil the need of the Team for planning services, City entered into an agreement with Consultant baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 1 î-S on August 1, 1989 ("Original Agreement"), which agreement was amended in writing on February 1, 1990 ("First Amendment"), February 27, 1990 ("Second Amendment"), November 13, 1990 ( "Third Amendment") , and April 21, 1991 ("Fourth Amendment"), all of which shall herein be referred to as the "Agreement as Amended"; and, Whereas, thereafter. the Darties entered into an aareement on or about ADril 21. 1991 entitled "Three Partv Aareement for Otav Ranch DeveloDment processina" ("First processina Aareement") bv which thev terminated the Aareement as Amended and reDlaced their riahts and duties with the First Processina Aareement: and. Whereas. the term of the First processina Aareement has eXDired and the estimated budaet limitations have been reached as Drovided therein: and Whereas. on November 12, 1991. the Darties entered into a "Second Three Partv Aareement for Otav Ranch DeveloDment processina which has now eXDired also: and Whereas, Applicant owes Consultant, as a result of services performed under Drior aareements the sum herein stated and referred to as "Consultant's Bill for Previously-Provided Services" and the parties recognize that Consultant has performed all services required of it under the Agreement As Amended; and, Whereas, parties desire to continue the services of Consultant in connection with the planning of the development of the Otay Ranch and desire to keep their contractual relationship fFem ~Ris peiR~ eft according to the terms of this agreementT £'uee,rt 'that. t.he~· atJrce 'Ëe pa}· the. ealaßee e\;ißIJ Ceß5\il t.aFrt 1;1ßàe.r the. L~reemeßt. as hmeßåeå¡ and, Whereas, Consultant warrants and represents that they are experienced and staffed in a manner such that they are and can prepare and deliver the services required of Consultant to City within the time frames herein provided all in accordance with the terms and conditions of this Agreement; and, NOW, THEREFORE, BE IT RESOLVED that the City, Applicant and Consultant do hereby mutually agree as follows: 1- Establishment and ODeration of Otav Ranch Trust Fund. A. city to Establish Otay Ranch Trust Fund. city a~Fees ~e has established, as part of its books and records accounting for financial transactions of the City, and baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 2 ì-~ -.-----...-" ...-- related entities, a separate fund ("otay Ranch Trust Fund", or "Trust Fund") which Bhall 19a II primarily designed to receive deposits and security (including the Trust Deed herein contemplated) from Applicant and to disburse assets of the fund, including proceeds realized from the foreclosure of any security devices, (1) to pay for all expenses and/or expenditures incurred by Team in connection with processing Applicant's application for the development of the otay Ranch through the City and County; and, (2) to pay for all direct economic losses resulting from any contractual relationship entered into by the City or Team in connection with processing Applicant's application for the development of the otay Ranch through the City and County provided that (a) such contractural relationship has been entered into with the written consent or at the direction of Applicant or the Applicant has accepted the benefits of the contractual relationship without written objection after having knowledge thereof; and (b) either (i) the loss is not the result of any negligence or willful misconduct of the contracting party or (ii) Applicant has consented to or directed the actions by the contracting party giving rise to the loss. To the extent that city asserts a loss to which Applicant has consented to or directed, the city shall consult with Applicant and will allow Applicant the opportunity, at Applicant's election, to cure or to give its advice as to subsequent steps to be taken to mitigate the loss. B. Duty to Foreclose. city agrees that, to the extent necessary to do so in order to realize proceeds to meet the City's duty to pay for expenses of the City and Team, and to the extent that Applicant is in default of the terms of this agreement, city will foreclose upon any security deposited with the City to secure the performance of Applicant. II. Duties Reaardina Consultant's Bill for Previous Iv Provided services. baldwn3e.wp RBF/city/Baldwin Agreement January 10, 1992 Page 3 î-l This section II relates exclusively to the duties and rights of Applicant, city and Consultant with regard to the payment of Consultant's Bill for Previously Provided Services. A. ADDlicant's Duties. 1. Dutv to Pav. Applicant agrees to pay to city, for deposit to the Trust Fund, for Consultant's Bill for Previously Provided Services, Invoices dated in the months ~ June, ~~ly, h~~B~ aaå SeptemBer, throuah December, 1991, the sum of $398,112.96 $460,428.86. (which includes ~e~ether ~ith interest to date thereon at the rate of 12% per annum, compounded monthly, on the outstanding balance due over 90 days from date of invoice) accordina to the followina schedule: (1) $20.000 Der month beainnina Januarv 21. 1992. (2) $50.000 Davment on Januarv 15. 1992 and (3) The remainina balance. all due and Davable on June 30. 1992. Dlus additional interest accrued. 2. Dutv·to Issue Note. As a duplicate duty to pay city for Consultant's Bill for Previously Provided Services, Applicant agrees to issue to the City a Negotiable Note Secured by Trust Deed in the form attached as Exhibit A. 3. Dutv to Secure Note. Applicant agrees to cause one or more Deeds of Trust in the form attached hereto as Exhibit B ("Trust Deed") to be executed by the fee owners thereof for the purpose of securing, in part, Applicant's obligations herein under said Note, and in other part, all of Applicant's obligations under this Agreement. a. Property. The real properties ("Property") which are the subject matter of said Trust Deeds are commonly known as: 12755 Dannan Court, San Diego, CA 92130, 12756 Dannan court, San Diego, CA 92130, 12777 Dannan court, San Diego, CA 92130, and are legally described as set forth in the legal descriptions of the property which is the subject matter of said Trust Deeds, attached as Exhibit B-1 through B-3, inclusive. b. Equity. Applicant warrants and represents that the value of Applicant's equity in said Property is at least $748,000.00 as of the effective date of this agreement and is baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 4 "l-g free and clear of all encumbrances thereon, and that the amount of all liens except taxes and assessments against said property do not exceed $1,122,000, and are first deeds of trust against the property held by the following persons in the following currently due amounts: (1) $390,000.00 to Western Financial Savings Bank as to Parcel 3 of Parcel Map No. 15699. (2) $366,000.00 to Western Financial Savings Bank as to Parcel 4 of Parcel Map No. 15699. (3) $366,000.00 to Western Financial Savings Bank as to Parcel 5 of Parcel Map No. 15699. c. Appraisal. Applicant shall bear the cost of an appraisal of Property satisfactory to the City, and the cost of a title report demonstrating that Applicant's Designee, Baldwin Building Contractors, L.P., a California Limited Partnership, is the fee owner and that there are no prior encumbrances against title not shown above. B. Citv's Duties. 1- Conditional Dutv to Pav Consultant. On the condition that Applicant pays City as herein in this section II, set forth above, or if, as a result of prosecuting its foreclosure rights under the Trust Deed, sufficient funds are realized, City agrees to pay to Consultant the sum of $460,428.86, together with such interest as is realized from Applicant's Duty to Pay for Consultant's Bill for Previously-Provided Services as herein contained. The aeneral funds of the citv shall not be liable to make this payment to Consultant. and on Baldwin's failure to pav. Consultant's sole remedv as to the Citv shall be limited bv the resources, whatever thev mav be, in the otav Ranch Trust Fund. It shall be the obliaation of the Citv to continuous Iv monitor all accumulated costs incurred bv citv and Consultants. billed or otherwise. to be paid from the otav Ranch Trust Fund and to notifv Consultant within 3 davs if the accumulated costs exceed the total value of assets held in the Trust Fund as stated herein. C. Consultant's Duties. In the event and on the condition that City pays Consultant according to the terms herein provided, Consultant agrees to accept same in consideration for all previously provided services rendered to the Team in connection with, or related to, the otay Ranch Project, including all services baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 5 "l-'f rendered under the Agreement as Amended. Ð. Lareeme8~ as l~eftàeà is Termifta~eà. All ri~htB and duties af the parties under ~hÐ A~reemeßt aa ]~cßàeà are heresy terminated and dieehar!øà vithsHt :Breaeh, Exacp~ as ~e Ceßaul~aßt'a datiee af inBuFan6c and ißàemßity therein eSßtaineà ~~ieh ahall remain eate~aßàißg aeeerdißg te i tB terms, aßå te the eJ!teß'E addressed B~f this 8greemeßt, are merged Barain. III. Duties Relatina to processina of Application for Development: provision of Consultina Services. This section III relates to the rights and duties between Applicant and the City for all costs associated with the processing of the otay Ranch Project, and does not invplve the rights and duties of Consultant as to consulting services, or compensation therefore. A. Applicant·' s Duties to Deposit Funds. 1. Dutv to Make Cash Deposits on Demand. For the benefit of the City exclusively, Applicant shall, 20 days after demand, deposit with the City for application to the otay Ranch Fund, such cash amounts as City shall, from time to time, demand for the purpose of paying all processing costs incurred by the City and Team in processing Applicant's application for development of the otay Ranch Project. 2. Limits on Authoritv of citv to Demand Cash Deposits. city demand for funds to be placed on deposit shall be reasonable based on expected cash flow and all unfunded obligations of the Team which the Team expects to experience based on existing and future contract commitments. 3. Dutv to Maintain Trust Asset Value at Proper Level. Upon receipt of notice by City to Applicant of the need to deposit, Applicant shall maintain on deposit with the city sufficient cash or value on deposit with the City to provide for the payment of all costs incurred by city, billed or otherwise, in connection with its processing of Applicant's application for the development of the otay Ranch Project, including all costs incurred by the city under this agreement. baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 6 'ì-ID 4. Applicant Liabilitv. Regardless of the adequacy of funds deposited, Applicant shall be liable to City for all costs incurred by city or Team for the City's processing of Applicant's application to develop the otay Ranch Project, including but not limited to all costs incurred by City in retaining the services of Consultant as herein provided. . 5. Applicant Dutv to Deposit Performance Trust Deed. Applicant shall cause deeds of trust in the form attached hereto as Exhibit B, to be executed by the fee owners thereof for the purpose of securing, in part, all of its duties contained in this Agreement, including monetary or fiscal duties, and deliver same to city. a. Property. The real properties ("Property") which are the subject matter of the Trust Deed are commonly known as: 12755 Dannan Court, San Diego, CA 92130, 12756 Dannan Court, San Diego, CA 92130, 12777 Dannan Court, San Diego, CA 92130, and are legally described as set forth in the legal description of the property which is the subject matter of said Trust Deed. b. Equity. Applicant warrants and represents that the value of Applicant's equity in said Property is at least $748,000.00 as of the effective date of this agreement and is free and clear of all encumbrances thereon, and that the amount of all liens, except tax liens and assessments, against said property do not exceed $1,122,000, and are first deeds of trust against the property held by the following persons in the following currently due amounts: (1) $390,000.00 to Western Financial Savings Bank as to Parcel 3 of Parcel Map No. 15699. (2) $366,000.00 to Western Financial Savings Bank as to Parcel 4 of Parcel Map No. 15699. (3) $366,000.00 to Western Financial Savings Bank as to Parcel 5 of Parcel Map No. 15699. c. Appraisal. Applicant shall bear the cost of an appraisal of Property satisfactory to the city, and the cost of a title report demonstrating that Applicant's Designee, Baldwin Building contractors, L.P., a California Limited baldwn3e.wp RBF¡City¡Baldwin Agreement January 10, 1992 Page 7 Î- l\ Partnership, is the fee owner and that there are no prior encumbrances against title not shown above, and that all encumbrance holders have certified to the amount above listed. 6. Non-urocessinq RemedY. In addition to any other remedies which City may have for breach of this Agreement, breach of this Agreement by Applicant in any manner, including but not limited to the failure of Applicant for any reason to deposit funds on demand, shall be grounds for the refusal of City and/or Team, and City and/or Team is hereby authorized to refuse, to continue processing the otay Ranch Project development application. IV. Reconveyance Duties. A. Within 10 days of/upon request by Applicant, City shall execute a full reconveyance of the deeds of trust securing the Note delivered to the City under the terms of this Agreement at such time as the following conditions are satisfied: (1) the Note is paid in full in the manner herein provided or Applicant has deposited into the Trust Fund the sufficient amounts to permit the payment of Consultant's bill for Previously Provided Services as specified in section II.A.1 of this Agreement; and (2), the city reasonably determines that there is sufficient cash or other value on deposit with the City to provide for the payment of all costs incurred by City, billed or otherwise, in connection with its processing of Applicant's application for the development of the otay Ranch Project, including all costs incurred by the city under this agreement. v. processinq of otay Ranch Proiect. This section IV shall address the duties and rights of the parties regarding the processing of the otay Ranch Project, and compensation therefore. A. Desiqnatinq Reuresentatives for Administration of Contract. 1. The City hereby designates the city Manager, or his written designee, ("city's Representative") as its representative for the review and administration of the work performed by Consultant herein required. 2. Consultant hereby designates John SuI lard as Consultant's representative ("Consultant's Representative") to the project for the duration of the project. No substitution for this position shall be allowed without written approval from the baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 8 Î- \¡ . -.......--- -"'--. ---.-- City. 3. Applicant hereby designates Fred Arbuckle, or other written designee of Greg Smith, as Applicant's representative ("Applicant's Representative") to the project for the duration of the project. B. Duties Relatina to processina. 1- Duties of ADDlicant. a. Provide Information. The Applicant of the project shall provide to the Consultant, for the use by the Consultant, all site plans, grading plans, architectural elevations, project description, reports or any other documents, drawings, etc., which are available and could be of assistance to the Consultant in performing his services and preparing his Work Product. b. . Permission to Access Pro;ect Area. The Proponent shall also provide Consultant with written permission for the Consultant and city staff to enter the Project Area, make any tests, conduct any surveys or reconnaissance necessary to permit the Consultant to perform the services herein required of the Consultant. 2. Consultant Duties. a. primarv Dutv. On the condition that the Consultant is regularly paid in accordance with the provisions of this Agreement, and notwithstanding said condition, on the further condition that the total amount due Consultant is less than $550,000, Consultant shall continue to assist in the preparation of a General Plan Amendment and General Development Plan/Community Plan ("GDP") for the development of Otay Ranch, and in conjunction therewith, perform the tasks set forth in "Scope of services, attached hereto as Exhibit C, and incorporated herein by reference, as same may be modified, added or reduced by the City. b. Reductions in SCODe of Work. City may from time to time reduce the Scope of Work by the Consultant to be performed under this Agreement. c. Additional SCODe of Work. baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 9 -¡- I~ .....---. ___·'._'H" In addition to performing the Defined Services herein set forth, City may require Consultant to perform additional consulting services related to the General Duties and Scope of Services ("Additional Services"). Anv professional consultina services or reimbursable services reauested bv Citv above and beyond their Scope of Services may be provided bv Consultant as Additional Services for an additional fee. Additional Services reauire written authorization bv city on Consultants' Additional Work Reauest Form. Consultant shall invoice city month Iv for any Additional Services and all terms and conditions of this Aareement applY. and specificallY city's responsibility to review and approve of invoices within 15 days of receipt. Interest will accrue on the unpaid balance of Additional Services fees from 90 days from date of invoice. On September 30. 1992. all fees for Additional Services. includina interest are due and payable. d. Standard of Care. Consultant, in performing any Services under this agreement, shall perform such services in a manner consistent with that level of care and skill ordinarily exercised by members of the profession currently practicing under similar conditions and in similar locations. C. Duties Relatina to Compensation. 1- Dutv to Prepare Bill Monthlv. Consultant shall prepare and submit to the City on the twentY-fifth day of each month, a bill for its services rendered in the prior month which bill shall contain the number of authorized hours which Consultant or their agents or employees shall have spent in executing the Scope of Work herein contained in this section IV, which hours are to be extended by an hourly rate factor calculated at 2.75 times the normal hourly wage paid to said agent or employee. The extended cost of said individual employees and/or agents shall be totalled on said bill. Said bill shall also contain all reimbursable costs incurred during said billing period. 2. Dutv to Set Hourlv Rate of Aaents or Emplovees. Consultant shall not adjust the hourly rates or its agents or employees as a result of this agreement. The hourly rates of its agents or employees currently assigned, or expected to be assigned to perform Consultant's duties under this agreement are set forth in the attached Exhibit D. Consultant warrants and represents that (1) Exhibit D truly and accurately baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 10 ì- ~ ! \ . --..--_..- .-.----.. .,....- reflects the hourly rates paid to such agents or employees as of the date of this agreement, (2) that such hourly rates are typical rates paid to similarly situated agents or employees in the trade or industry of Consultant, and (3) that the amounts so contained on Exhibit D have not been set as a result of this Agreement. 3. Cocies of Consultant Billinas. Consultant agrees to submit to Applicant by mail copies of all billings submitted by Consultant for payment by the Trust. However, if Applicant has any objections to the bills submitted, Applicant will express its objection through the city within 15 days after receipt of same. 4. Dutv to Pay Bill. On the condition that sufficient assets and resources are in the otav Ranch Trust Fund. City shall pay the properly calculated and prepared Consultant's bill on a monthly basis within 30 days after receipt of same, except as herein provided. The General Fund of the City shall not be obliaated to Day any cortion of the services of Consultant. and Consultant's remedy for non-cavment. as to the city. is limited solely to the resources. whatever they may be. to the otay Ranch Trust Fund. In the event of non-cavment due to a deficiency in the otay Ranch Trust Fund of assets or other resources. city shall assian such claim and security as it may have aaainst Acclicant to Consultant. It shall be the obliaation of the city to continuous Iv monitor all accumulated costs incurred bY City and Consultants, billed or otherwise. to be caid from the otav Ranch Trust Fund and to notify Consultant within 3 days if the accumulated costs exceed the total value of assets held in the Trust Fund as stated herein. Consultant has the riaht and obliaation, crior to renderina services, to satisfY itself that the assets and other resources. includina the security for cavment. of the otay Ranch Trust Fund is sufficient and adeauate. durina the term of this aareement, to meet the obliaations of the otay Ranch proiect, includina the obliaations to cay Consultant as crovided in this aareement. and may. ucon dissatisfaction. reasonablY determined, may suscend services reauired of Consultant under this aareement. The city has the obliaation, if reauested by Consultant. to crovide information on the otay Ranch account in reaards to balance and dissemination of funds within the account. 5. city's Deferral Riahts. a. Definitions. The monthly difference between baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 11 1-15 the proper amount billed by the Consultant for a given Deferral Month and the amount paid on such bill shall be referred to as the Monthly Deferral Amount, and the cumulative difference between the proper amount billed by the Consultant in total, and the amount paid on such bill shall be referred to as the Cumulative Deferral Amount. b. Deferral Right. City shall not be required to pay any amount of Consultant's bill representinq services performed dated in the months of Januarv throuqh June. 1992, ge'Êel3er, Ns·:emser, Ðeeemser, inclusive, -i-9* ("Deferral Months"), in excess of $30.000 $15,eee per month ~ft~il Jafttiary 2, 1992 until June 30, 1992 (at which time all previously billed amounts and interest are due and payable). For that portion of Consultant's bill representinq direct Iv reimburseable expenses as permitted bv this Aqreement in the months of Januarv throuqh June. 1992. citv shall pav same in full each month out of such resources onlv as may be in the otav Ranch Trust Fund without reqard to the monthlY limitation provided in this paraqraph. c. . Interest on Deferred Amount. The Monthly Deferral Amount shall bear interest from 90 days after billing at the rate 12% per annum, compounded monthly, until paid on which date all previously deferred amounts including accrued interest is due and payable. D. Miscellaneous Duties. 1- Insurance to city. Consultant represents to and for the express benefit of city that it and its agents, staff and consultants employed by it are protected by worker's compensation insurance and the Consultant has the coverage under public liability and property damage insurance policies which this Agreement requires to be demonstrated in the form of a certificate of insurance. Consultant will provide, prior to the commencement of the services required under this agreement the following certificates of insurance to the City prior to beginning work: a. statutory Workers Compensation coverage plus $1,000,000 Employers liability coverage. b. General and Automobile Liability coverage to $1,000,000 combined single limit which names City as an additional insured, and which is primary to any policy which the City may otherwise carry ("primary coverage"), and baldwn3e.wp RBF/CitY/Baldwin Agreement January 10, 1992 Page 12 1-/~ --..-- which treats the employees of the City in the same manner as members of the general pUblic ("cross-liability coverage"). The cost of such additional insurance shall be deemed as a reimbursable cost to consultant. c. Errors and Omissions insurance to $1,000,000 unless Errors and Omissions coverage is included in the General Liability policy. All policies shall be issued by a carrier that has a Best's Rating of "A, Class V", or better, or shall meet with the approval of the city's Risk Manager. All policies shall provide that same may not be canceled without at least thirty (30) days written notice to the City. 2. Insurance to Applicant. Consultant represents to and for the express benefit of Applicant that it and its agents, staff and consultants employed by it are protected by worker's compensation insurance and the Consultant has the coverage under public liability and property damage insurance policies which this Agreement requires to be demonstrated in the form of a certificate of insurance. Consultant will provide, prior to the commencement of the services required under this agreement, the following certificates of insurance directly to the Applicant prior to beginning work: a. statutory Workers Compensation coverage plus $1,000,000 Employers liability coverage. b. General and Automobile Liability coverage to $1,000,000 combined single limit which names Applicant as an additional insured, and which is primary to any policy which the Applicant may otherwise carry ("primary coverage"), and which treats the employees of the Applicant in the same manner as members of the general public ("cross-liability coverage"). The cost of such additional insurance shall be deemed as a reimbursable cost to consultant. c. Errors and Omissions insurance to $1,000,000 unless Errors and omissions coverage is included in the General Liability policy. baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 13 í-/1 ..~_...__. ---..-..-. All policies shall be issued by a carrier that has a Best's Rating of "A, Class V", or better, or shall meet with the approval of the Applicant. All policies shall provide that same may not be canceled without at least thirty (30) days written notice to the Applicant. E. Term. This Agreement should become effective upon execution as authorized by the Mayor of the City, or his designee, and shall terminate, if not terminated pursuant to other provisions contained herein, or otherwise extended by all parties, on June 30, 1992. F. Financial Interests of Consultant: Consultant warrants and represents that neither he, nor his immediate family members, nor his employees or agents ("Consultant Associates"). presently have any interest, directly or indirectly, whatsoever in the property which is the subject matter of the Project, or in any property within 10 radial miles from the exterior boundaries of the property which is the subject matter of the Project, or ("Prohibited Interest") except as listed on an attachment. Consultant further warrants and represents that no promise of future employment, remuneration, consideration, gratuity or other reward or gain has been made to Consultant or Consultant or Consultant's associates. Consultant promises to advise city of any such promise that may be made during the Term of this Agreement, or for 12 months thereafter. Consultant agrees that neither Consultant nor his immediate family members, nor his employees or agents, shall acquire any such Prohibited Interest within the Term of this Agreement, or for 12 months after the expiration of this Agreement. Consultant may not conduct or solicit any business for any party to this Agreement, or for any third party which may be in conflict with Consultant's responsibilities under this Agreement. G. Hold Harmless. Consultant shall defend, indemnify and hold harmless the Applicant and City, its elected and appointed officers and employees, from and against all claims for damages, liability, cost and expense (including without limitation attorneys' fees) baldwn3e.wp RBF/city/Baldwin Agreement January 10, 1992 Page 14 ï-I~ -.".--....-.. arising out of the negligent conduct.of the Consultant, or any agency or employee, subcontractors, or others in connection with the execution of the work covered by this Agreement, except only for those claims arising from the sole negligence or sole willful conduct of the city, its officers, or employees. Consultant's indemnification shall include any and all costs, expenses, attorneys' fees and liability incurred by the City, it officers agents, or employees in defending against such claims, whether the same proceed to judgment or not. Further, Consultant at its own expense shall, upon written request by the City, defend any such suit or action brought against the City, its officers, agents, or employees. Consultants' indemnification of City shall not be limited by any prior or subsequent declaration by the Consultant. H. Termination of Aareement for Cause. If, through any cause, Consultant shall fail to fulfill in a timely and proper manner his/her obligations under this Agreement, or if Consultant shall violate any of the covenants, agreements or stipulations of this Agreement, City shall have the right to terminate this Agreement by giving written notice to Consultant of such termination and specifying the effective date thereof at least five (5) days before the effective date of such termination. In that event, all finished or unfinished documents, data, studies, surveys, drawings, maps, reports and other materials prepared by Consultant shall, at the option of the city, become the property of the City, and Consultant shall be entitled to receive just and equitable compensation for any work satisfactorily completed on such documents and other materials up to the effective date of Notice of Termination, not to exceed the amounts payable hereunder, and less any damages caused City by Consultant's breach. I. Termination of Aareement for Convenience of citv. city may terminate this Agreement at any time and for any reason for giving specific written notice to Consultant of such termination and specifying the effective date thereof, at least thirty (30) days before the effective date of such termination. Consultant shall suspend any additional work not expressly directed by the city upon receipt of such notice. In that event, all finished and unfinished documents and other materials described hereinabove shall, at the option of the City, become City's sole and exclusive property. If the Agreement is terminated by city as provided in this paragraph, Consultant shall be entitled to receive just and equitable compensation for any satisfactory work completed on such documents and other materials to the effective date of such termination. Consultant baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 15 î-/q _.._~_._._---_.__. -- hereby expressly waives any and all claims for damages or compensation arising under this Agreement except as set forth herein. 1. Upon receipt of a request from Applicant for suspension or termination of its Application, City will exercise its privileges to terminate Consultant under this Agreement. J. Assiqnabilitv. The services of Consultant are personal to the city, and Consultant shall not assign any interest in this Agreement, and shall not transfer any interest in the same (whether by assignment or novation), without prior written consent of City which City may not unreasonably deny. K. OwnershiD. Publication. ReDroduction and Use of Material. All reports, studies, information, data, statistics, forms, designs, plans, procedures, systems and any other materials or properties produced under this Agreement shall be the sole and exclusive property of City. No such materials or properties produced in whole or in part under this Agreement shall be subject to private use, copyrights or patent rights by Consultant in the united states or in any other country without the express written consent of City. city shall have unrestricted authority to publish, disclose as may be limited by the provisions of the Public Records Act, distribute, and otherwise use, copyright or patent, in whole or in part, any such reports, studies, data, statistics, forms or other materials or properties produced under this Agreement. L. IndeDendent Contractor. City is interested only in the results obtained and Consultant shall perform as an independent contractor with sole control of the manner and means of performing the services required under this Agreement. City maintains the right only to reject or accept Consultant'S work Products. Consultant and any of the Consultant'S agents, employees or representatives are, for all purposes under this Agreement, an independent contractor and shall not be deemed to be an employee of city, and none of them shall be entitled to any benefits to which City employees are entitled including but not limited to, overtime, retirement benefits, workers compensation benefits, injury leave or other leave benefits. M. Errors and Omissions. baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 16 I - ..to ,,·u__ In the event that the City Engineer determines that the Consultant's negligence, errors, or omissions in the performance of work under this Agreement has resulted in expense to City greater than would have resulted if there were no such negligence, errors, or omissions in the plans or contract specifications, Consultant shall reimburse City for the additional expenses incurred by the City including engineering, construction and/or restoration expense. Nothing herein is intended to limit City's rights under other provisions of this agreement. N. Administrative Claims Reauirements and Procedures. No suit or arbitration shall be brought arising out of this agreement, against the city unless a claim has first been presented in writing and filed with the City of Chula vista and acted upon by the city of Chula Vista in accordance with the procedures set forth in Chapter 1.34 of the Chula vista Municipal Code, as same may from time to time be amended, the provisions of which are incorporated by this reference as if fully set forth herein, and such policies and procedures used by the City in the implementation of same. Upon request by City, Consultant shall meet and confer in good faith with City for the purpose of resolving any dispute over the terms of this Agreement. O. Attornev's Fees. Should a dispute result in litigation, and the procedure for claiming and resolving the dispute herein contained is adhered to, it is agreed that the prevailing party shall be entitled to recover all reasonable costs incurred in the defense of the claim, including costs and attorney's fees. P. Statement of Costs. In the event that Consultant prepares a report or document, or participates in the preparation of a report or document as a result of the scope of work required of Consultant, Consultant shall include, or cause the inclusion, in said report or document a statement of the numbers and cost in dollar amounts of all contracts and subcontracts relating to the preparation of the report or document. , Q. Consultant not authorized to ReDresent Citv. Unless specifically authorized in writing by city, Consult- ant shall have no authority to act as City's agent to bind City baldwn3e.wp RBF/city/Baldwin Agreement January 10, 1992 Page 17 1-,2.1 . ~.--._._--_.- to any contractual agreements whatsoever. R. Notices. All notices, demands or requests provided for or permitted to be given pursuant to this Agreement must be in writing. All notices, demands and requests to be sent to any party shall be deemed to have been properly given or served if personally serve~ or deposited in the United states mail, addressed to such party, postage prepaid, registered or certified, with return receipt requested, at the addresses identified adjacent to the signatures of the parties represented. S. Entire Aareement. This Agreement, together with any other written document referred to or contemplated herein, embody the entire Agreement and understanding between the parties relating to the subject matter hereof. Neither this Agreement nor any provision hereof may be amended, modified, waived or discharged except by an instrument in writïng executed by the party against which enforcement of such amendment, waiver or discharge is sought. T. CaDacitv of Parties. Each signatory and party hereto hereby warrants and represents to the other party that it has legal authority and capacity and direction from its principal to enter into this Agreement; that all resolutions or other actions have been taken so as to enable it to enter into this Agreement. U. Governina Law/Venue. This Agreement shall be governed by and construed in accordance with the laws of the state of California. Any action arising under or relating to this Agreement shall be brought only in the federal or state courts located in San Diego County, state of California, and if applicable, the City of Chula Vista, or as close thereto as possible. Venue for this Agreement, and performance hereunder, shall be the City of Chula vista. (End of Page. Next Page is Signature Page.) baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 18 I - 22- -- ..-. .-.-..-..-.... Signature Page to Agreement with IN WITNESS WHEREOF, city, Consultant and Applicant have executed this Agreement as of the date set forth adjacent to their signature. Dated: January 10, 1992 CITY OF CHULA VISTA 276 Fourth Avenue, Chula Vista, CA 91910 By: Tim Nader, Mayor Attest: Beverly Authelet, City Clerk A"t: ~o fo., JJ Bruce M. Boogaard .'",-- city Attorney Dated: Robert Bein, William Frost & Associates, 14725 Alton Parkway, Irvine, CA 92718 By: James E. McDonald, President Dated: Baldwin vista Associates, L.P., a California Limited Partnership, 11975 EI Camino Real, Suite 200, San Diego, CA 92130 By: Baldwin Builders, Inc. , a California Corporation, its General Partner, By: Greg smith, President baldwn3e.wp RBF/City/Baldwin Agreement January 10, 1992 Page 19 '1- ;t; - ---~-----_._~---_._._-_.- -- --.-< Exhibit List to Three Party for otay Ranch Development Processing Agreement Exhibit A. Note Secured by Trust Deed issued by Applicant to City in the amount of Consultant's Bill for Previously Provided Services ($460,428.86). Exhibit B. Trust Deed Securing Note in Exhibit A, and Performance, Including Monetary Performance, in Agreement. Exhibit C. Scope of Services of Consultant. Exhibit D. Hourly Rates of Consultant's Employees and Agents baldwn3e.wp RBF/city/Baldwin Agreement January 9, 1992 Page 20 ï - 21.( -~._---"--_.__..._,..,_.._--..- Exhibit A Note Secured by Deed of Trust $460,428.86 January 14, 1992 Chula Vista, California For valuable consideration received, the Baldwin Vista Associates, Ltd., a California Limited Partnership ("Obligor"), does hereby promise to pay to the City of Chula Vista, California, a chartered municipal corporation of the State of California, or order, at Chula Vista, California, the sum of Four Hundred Sixty Thousand, Four Hundred Twenty-Eight Dollars and 86/100 ($460,428.86) pIus interest thereon, compounded monthly, at the rate of 12% per annum, according to the fol1owing installment and payment schedule: $20,000 per month commencing January 15, 1992 and continuing on the 1st day of each subsequent month thereafter until June 30, 1992, at which time the entire remaining balance of principal and interest shall be due and payable, and $50,000, as a single isolated payment on January 15, 1992. Any payment received shall be first credited to interest due, and the balance, if any, shall thereupon be applied to the principal balance outstanding. The obligations contained in this Note are secured by three Deeds of Trust, each as to a separate parcel, bearing the same date as this Note, issued to Spring Mountain Escrow, as Trustee, for the benefit of the City of Chula Vista, Beneficiary, by Obligor or Obligor's designee, Baldwin Building Contractors, a California Limited Partnership. Obligor may prepåy this Note at any time or from time to time in any amount without penalty. Notwithstanding the aforementioned date the repayment of this obligation, upon Obligor's conveyance of a fee interest in all or any portion of the parcel or parcels whioh constitute the security for this Note, as identified in the Deed of Trust above referenced, or the bankruptcy, reorganization, dissolution or liquidation of Obligor, the outstanding principal balance of this Note pIus any interest accrued thereon shall become immediately due and payable. This note shall be payable in legal tender of the United States. In the event that either party may be required to use the legal process in order to collect an amount of money hereunder due, the prevailing party shall be entitled to reasonable attorney's fees and court costs. Dated: Baldwin Vista Associates, L.P., a California Limited Partnership, 11975 El Camino Real, Suite 200, San Diego, CA 92130 By: Baldwin Builders, Inc., a California Corporation, its General Partner, By: Greg Smith, President [attach notary acknowledgment] baldwn5 . wp î - 2.5 -..----. Exhibit B-1 Baldwin Building Contractors, L.P. Deed of Trust, No. 1 to Secure Note and Three Party Agreement for otay Ranch Development Processing Recording Requested by: City of Chula Vista, California and when recorded, mail to City of Chula vista 276 Fourth Avenue Chula Vista, CA 91910 Attention: City Clerk For Off1c1al Use Only Assessor Parcel No: 304-390-41 DEED OF TRUST AND ASSIGNMENT OF RENTS THIS DEED OF TRUST, made this January 14, 1992, for the purposes of reference, and effective as of the date executed by the parties, between the Baldwin Building Contractors, L.P.. a California Limited Partnership, herein called "Trustor", whose address is 11975 El Camino Real, suite 200, San Diego, CA 92130, Attention: Grea Smith, as desginee for Baldwin Vista Associates, L.P., a California Limited Partnership, Spring Mountain Escrow Inc., a California corporation, herein called "Trustee", and the city of Chula Vista, herein called "Beneficiary", whose address is 276 Fourth Avenue, Chula Vista, California, as follows: The Trustor irrevocably grants, transfers and assigns to Trustee in trust, with power of sale, that property in San Diego County, California, described as set forth in the attached Exhibit 1 to Deed of Trust, together with buildings, fixtures, equipment and other assets located thereon or appurtenant thereto, and together with the rents, issues and prof its thereof, subj ect, however, to the right, power and authority given to and conferred upon Beneficiary by paragraph (10) of the provisions attached hereto as Exhibit 2 to Deed of Trust, to collect and apply such rents, issues and profits, baldwn6.wp Baldwin's Trust Deed January 9, 1992 Page 1 1-2~ "-.---.-- -.----.-.-.-.-...- FOR THE PURPOSE OF SECURING: (1) payment of the indebtedness evidenced by one promissory note dated January 14, 1992, and entitled: "Note Secured by Deed of Trust," and any extension or renewal thereof, in an amount of $460,428.86, and executed by Trustor's Designator, Baldwin Vista Associates, L.P., a California Limited Partnership in favor of Beneficiary or order; (2) performance by Trustor's Designator of its obligations as contained in that Agreement between Trustor I s Designator, Benef iciary and Robert Bein, William Frost & Associates, dated November 12, 1991, and entitled "Second Three Party Agreement for Otay Ranch Development Processing" also referred to herein as the "Subject Agreement"; (3) performance by Trustor of each agreement of Trustor as contained herein, including without limitation, those set forth in Exhibit 2 hereto (related to the protection of the security); and (3) performance under any agreements that are secured by a trust deed, mortgage, lien, or other encumbrance against the title to the property which is the subject matter of this grant that is, or may be, superior to this Deed of Trust. TO PROTECT 'J;'HE SECURITY OF THIS DEED OF TRUST, Trustor agrees, by the execution and delivery of this Deed of Trust and the Note and Subject Agreement secured hereby, that provisions (1) to (14), inclusive, of Exhibit 2 hereby are adopted and incorporated herein and made a part hereof as fully as though set forth herein at length. To the extent permitted by Law, all of the personal property described in the deed of trust or mortgage shall be deemed to be fixtures and part of the real property. As to any part of such personal property not deemed or permitted by law to be fixtures, the deed of trust or mortgage shall constitute a security agreement under the Uniform Commercial Code. The undersigned Trustor requests that a copy of any Notice of Default and of any Notice of Sale hereunder be mailed to the undersigned at his address hereinbefore set forth. Dated: Baldwin Building Contractors, L.P., a California Limited Partnership by: Baldwin Builders; Inc., a California Corporation, its General Partner by: Greg Smith, President. [attach notary acknowledgment] baldwn6.wp Baldwin's Trust Deed January 9, 1992 Page 2 ,- :2.¡ _._u .__.__...._.__._._.___.~~m____'. Exhibit 1 to Trust Deed Legal Description of Subject Property 12755 Dannan Court, San Diego, CA 92130 Parcel 3 of Map 15699 Assessor Parcel No. 304-390-41 That real property situated in the city of San Diego, County of San Diego, state of California, commonly known as Parcel 3 of Parcel Map No. 15699, in the City of San Diego, County of San Diego, State of Califonria, filed in the Office of the County Recorder of San Diego County, June 8, 1989 as File No. 89-302414 of Official Records. baldwn6.wp Baldwin's Trust Deed January 9, 1992 Page 4 Î - :2.¡ .-.--. Exhibit 2 to Trust Deed Standard provisions To Protect the Security of This Deed of Trust, Trustor Agrees: (1) To keep said property in good condition and repair; not to remove or demolish any building thereon; to complete or restore promptly and in good and workmanlike manner any building which may be constructed, damaged or destroyed thereon and to pay when due all claims for labor performed and materials furnished therefore; to comply with all laws affecting said property or requiring any alterations or improvements to be made thereon; not to commit or permit waste thereof; not to commit, suffer or permit any act upon said property in violation of law; to cultivate, irrigate, fertilize, fumigate, prune, and do all other acts which from the character or use of said property may be reasonably necessary, the specific enumerations herein not excluding the general. (2) To provide, maintain and deliver to Beneficiary such certificates of fire, vandalism and malicious mischief insurance satisfactory to and with loss payable to Beneficiary. The amount collected under any fire or other insurance policy may be applied by Beneficiary upon any indebtedness secured hereby and in such order as Beneficiary may determine, or at option of Beneficiary the entire amount so collected or any part thereof may be released to Trustor. Such application or release shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. The provisions hereof are subject to the mutual agreement of the parties as below set forth. (3) To appear in and defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee; and to pay all costs and expenses, including cost of evidence of title and· attorney's fees in a reasonable sum, in any such action or proceeding in which Beneficiary or Trustee may appear, and in any suit brought by Beneficiary to foreclose this Deed. (4) To pay: at least ten days before delinquency all taxes and assessments affecting said property, including assessments on appurtenant water stock; subject to the mutual agreements of the parties as below set forth, to pay when due, all encumbrances, charges and liens, with interest, on said property or any part thereof, which appear to be prior or superior hereto; all costs, fees and expenses of this Trust. baldwn6.wp Baldwin's Trust Deed January 9, 1992 Page 5 --, - 29 ...-< Should Trustor fail to make any payment or to do any act as herein provided, then Beneficiary or Trustee, but without obligation so to do and without notice to or demand upon Trustor and without releasing Trustor from any obligation hereof, may: make or do the same in such manner and to such extent as either may deem necessary to protect the security hereof, Beneficiary or Trustee being authorized to enter upon said property for such purposes; appear in and defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee; pay, purchase, contest or compromise any incumbrance, charge or lien which in the judgment of either appears to be prior or superior hereto; and, in exercising any such powers, pay necessary expenses, employ council and pay his reasonable fees. (5) To pay immediately and without demand all sums so expended by Beneficiary or Trustee, with interest from date of expenditure at the amount allowed by law in effect at the date hereof, and to pay for any statement provided for by law in effect at the date hereof regarding the obligation secured hereby any amount demanded by the Beneficiary not to exceed the maximum allowed by law at the time when said statement is demanded. (6) That any award of damages in connection with any condemnation for public use of or injury to said property or any part thereof is hereby assigned and shall be paid to Beneficiary who may apply or release such moneys received by Beneficiary in the same manner and with the same effect as above provided for disposition of proceeds o,f fire or other insurance. The provisions hereof are subject to the mutual agreements of the parties as below set forth. (7) That by accepting payment of any sum secured hereby after its due date, Beneficiary does not waive his right either to require prompt payment when due of all other sums so secured or to declare default for failure so to pay. (8) That at any time or from time to time, without liability therefor and without notice, upon written request of Beneficiary and presentation of this Deed and said note for endorsement, and without affecting the personal liability of any person for payment of the indebtedness secured hereby, Trustee may: reconvey any part of said property; consent to the making of any map or plat thereof; join in granting any easement thereon; or join in any extension agreement or any agreement subordinating the lien or charge hereof. (9) That upon written request of Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed and said note to Trustee for cancellation and retention and baldwn6.wp Baldwin's Trust Deed January 9, 1992 Page 6 \-~D ..__..___'__.......__n._ __++u__,____ upon payment of its fees, Trustee shall reconvey, without warranty, the property then held hereunder. The recitals in such reconveyance of any matters of facts shall be conclusive proof of the truthfulness thereof. The grantee in such reconveyance may be described as "the person or persons legally entitled thereto." Five years after issuance of such full reconveyance, Trustee may destroy said note and this Deed (unless directed in such request to retain them) . (10) That as additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance of these Trusts, to collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues and profits as they become due and payable. Upon any such default, Beneficiary may at any time without notice, either in person, by agent, or by a receiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured, enter upon and take possession of said property or any part thereof, in his own name sue for or otherwise collect such rents, issues and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, including reasonable attorney's fees, upon any indebtedness secured hereby, and in such order as Beneficiary may determine. The entering upon and taking possession of said property, the collection of such rents, issues and profits and the application thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. (11) That upon default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and payable by deli very to Trustee of written declaration of default and demand for sale and of written notice of default and of election to cause to be sold said property, which notice Trustee shall cause to be filed for record. Beneficiary also shall deposit with Trustee of this Deed, said note and all documents evidencing expenditures secured hereby. After the lapse of such time as may then be required by law following the recordation of said notice of default, and of notice of sale having been given as then required by law, Trustee, without demand on Trustor, shall sell said property at the time and place fixed by it in said notice of sale, either as a whole or in separate parcels, and in such order as it may be determined, at public auction to the highest bidder for cash in lawful money of baldwn6.wp Baldwin's Trust Deed January 9, 1992 Page 7 ì-3\ - --. -- -- -.....- the united states, payable at time of sale. Trustee may postpone sale of all or any portion of said property by public announcement at such time and place of sale, and from time to time thereafter may postpone such sale by public announcement at the time fixed by the preceding postponement. Trustee shall deliver to such purchaser its deed conveying the property so sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including Trustor, Trustee, or Beneficiary as hereinafter defined, may purchase at such sale. After deducting all costs, fees and expenses of Trustee and of this Trust, including cost of evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment of: all sums expended under the terms hereof, not then repaid, with accrued interest at the amount allowed by law in effect at the date hereof; all other sums secured hereby; and the remainder, if any, to the person or persons legally entitled thereto. (12) Benef iciary , or any successor in ownership of any indebtedness secured hereby, may from from time to time, by instrument in writing, substitute a successor or successors to any Trustee named herein or acting hereunder, which instrument, executed by the Beneficiary and duly acknowledged and recorded in the office of the recorder of the county or counties where said property is situated, shall be conclusive proof of proper substitution of such successor or Trustee or Trustees, who shall, without conveyance from the Trustee predecessor, succeed to all its title, estate, rights, powers and duties. said instrument must contain the name of the original Trustor, Trustee and Beneficiary hereunder, the document number or the book and page where this Deed is recorded and the name and address of the new Trustee. (13) That this Deed applies to, inures to the benefit of, and binds all parties hereto, their heirs, legatees, devices, administrators, executors, successors, and assigns. The term Beneficiary shall mean the owner and holder, including pledgees, of the note secured hereby, whether or not named as Beneficiary herein. In this Deed, whenever the context so requires, the masculine gender includes the feminine and/or neuter, and the singular number indicates the plural. (14) That Trustee accepts this Trust when this Deed, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or of any action or proceeding in which Trustor, Beneficiary or Trustee shall be a party unless brought by Trustee. baldwn6.wp Baldwin's Trust Deed January 9, 1992 Page 8 î-32- . .--...--.-.--....----.-...-......-- Recording Requested by: city of Chula Vista, california and when recorded, mail to City of Chula Vista 276 Fourth Avenue Chula vista, CA 91910 Attention: City Clerk For Off1c1al Use Only Assessor Parcel No: 304-390-42 DEED OF TRUST AND ASSIGNMENT OF RENTS THIS DEED OF TRUST, made this January 14, 1992, for the purposes of reference, and effective as of the date executed by the parties, between the Baldwin Building Contractors, L.P., a california Limited Partnership, herein called "Trustor", whose address is 11975 El Camino Real, suite 200, San Diego, CA 92130, Attention: Greg Smith, as desginee for Baldwin vista Associates, L.P., a California Limited Partnership, Spring Mountain Escrow Inc., a California corporation, herein called "Trustee", and the City of Chula Vista, herein called "Beneficiary", whose address is 276 Fourth Avenue, Chula vista, California, as follows: The Trustor irrevocably grants, transfers and assigns to Trustee in trust, with power of sale, that property in San Diego County, California, described as set forth in the attached Exhibit 1 to Deed of Trust, together with buildings, fixtures, equipment and other assets located thereon or appurtenant thereto, and together with the rents, issues and profits thereof, subject, however, to the right, power and authority given to and conferred upon Beneficiary by paragraph (10) of the provisions attached hereto as Exhibit 2 to Deed of Trust, to collect and apply such baldwn7a.wp Baldwin's Trust Deed January 9, 1992 Page 1 l - ;3 -------.---"-- rents, issues and profits, FOR THE PURPOSE OF SECURING: (1) payment of the indebtedness evidenced by one promissory note dated January 14, 1992, and entitled: "Note Secured by Deed of Trust," and any extension or renewal thereof, in an amount of $460,428.86, and executed by Trustor's Designator, Baldwin Vista Associates, L.P., a California Limited Partnership in favor of Beneficiary or order; (2) performance by Trustor's Designator of its obligations as described or referenced in Section IV of that Agreement between Trustor's Designator, Beneficiary and Robert Bein, William Frost & Associates, dated November 12, 1991, and entitled "Second Three Party Agreement for Otay Ranch Development Processing" also referred to herein as the "Subject Agreement"; (3) performance by Trustor of each agreement of Trustor as contained herein, including without limitation, those set forth in Exhibit 2 hereto (related to the protection of the security); and (3) performance under any agreements that are secured by a trust deed, mortgage, lien, or other encumbrance against the title to the property which is the subject matter of this grant that is, or may be, superior to this Deed of Trust. . TO PROTECT THE SECURITY OF THIS DEED OF TRUST, Trustor agrees, by the execution and delivery of this Deed of Trust and the Note and Subject Agreement secured hereby, that provisions (1) to (14), inclusive, of Exhibit 2 hereby are adopted and incorporated herein and made a part hereof as fully as though set forth herein at length. To the extent permitted by Law, all of the personal property described in the deed of trust or mortgage shall be deemed to be fixtures and part of the real property. As to any part of such personal property not deemed or permitted by law to be fixtures, the deed of trust or mortgage shall constitute a security agreement under the Uniform Commercial Code. The undersigned Trustor requests that a copy of any Notice of Default and of any Notice of Sale hereunder be mailed to the undersigned at his address hereinbefore set forth. Dated: Baldwin Building Contractors, L.P., a california Limited Partnership by: Baldwin Builders, Inc., a California Corporation, its General Partner by: Greg Smith, President. [attach notary acknowledgment] baldwn7a.wp Baldwin's Trust Deed January 9, 1992 Page 2 l- ~~ -.,. .....- ,.'.. .._,~-----_._..- Exhibit 1 to Trust Deed Legal Description of Subject Property 12755 Dannan Court, San Diego, CA 92130 Parcel 3 of Map 15699 Assessor Parcel No. 304-390-41 That real property situated in the city of San Diego, County of San Diego, State of California, commonly known as Parcel 3 of Parcel Map No. 15699, in the City of San Diego, County of San Diego, State of Califonria, filed in the Office of the County Recorder of San Diego County, June 8, 1989 as File No. 89-302414 of Official Records. baldwn7a.wp Baldwin's Trust Deed January 9, 1992 Page 4 ï- 3S' -. Exhibit 2 to Trust Deed Standard provisions To Protect the Security of This Deed of Trust, Trustor Agrees: (1) To keep said property in good condition and repair; not to remove or demolish any building thereon; to complete or restore promptly and in good and workmanlike manner any building which may be constructed, damaged or destroyed thereon and to pay when due all claims for labor performed and materials furnished therefore; to comply with all laws affecting said property or requiring any alterations or improvements to be made thereon; not to commit or permit waste thereof; not to commit, suffer or permit any act upon said property in violation of law; to cultivate, irrigate, fertilize, fumigate, prune, and do all other acts which from the character or use of said property may be reasonably necessary, the specific enumerations herein not excluding the general. (2) To provide, maintain and deliver to Beneficiary such certificates of fire, vandalism and malicious mischief insurance satisfactory to and with loss payable to Beneficiary. The amount collected under any fire or other insurance policy may be applied by Beneficiary upon any indebtedness secured hereby and in such order as Beneficiary may determine, or at option of Beneficiary the entire amount so collected or any part thereof may be released to Trustor. Such application or release shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. The provisions hereof are subject to the mutual agreement of the parties as below set forth. (3) To appear in and defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee; and to pay all costs and expenses, including cost of evidence of title and attorney's fees in a reasonable sum, in any such action or proceeding in which Benef iciary or Trustee may appear, and in any suit brought by Beneficiary to foreclose this Deed. (4) To pay: at least ten days before delinquency all taxes and assessments affecting said property, including assessments on appurtenant water stock; subject to the mutual agreements of the parties as below set forth, to pay when due, all encumbrances, charges and liens, with interest, on said property or any part thereof, which appear to be prior or superior hereto; all costs, fees and expenses of this Trust. baldwn7a.wp Baldwin's Trust Deed January 9, 1992 Page 5 l - 3" '''"'M . __".__m..'_·"'_ Should Trustor fail to make any payment or to do any act as herein provided, then Beneficiary or Trustee, but without obligation so to do and without notice to or demand upon Trustor and without releasing Trustor from any obligation hereof, may: make or do the same in such manner and to such extent as either may deem necessary to protect the security hereof, Beneficiary or Trustee being authorized to enter upon said property for such purposes; appear in and defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee; pay, purchase, contest or compromise any incumbrance, charge or lien which in the judgment of either appears to be prior or superior hereto; and, in exercising any such powers, pay necessary expenses, employ council and pay his reasonable fees. (5) To pay immediately and without demand all sums so expended by Beneficiary or Trustee, with interest from date of expenditure at the amount allowed by law in effect at the date hereof, and to pay for any statement provided for by law in effect at the date hereof regarding the obligation secured hereby any amount demanded by the Beneficiary not to exceed the maximum allowed by law at the time when said statement is demanded. (6) That any award of damages in connection with any condemnation for public use of or injury to said property or any part thereof is hereby assigned and shall be paid to Beneficiary who may apply or release such moneys received by Beneficiary in the same manner and with the same effect as above provided for disposition of proceeds of fire or other insurance. The provisions hereof are subject to the mutual agreements of the parties as below set forth. (7) That by accepting payment of any sum secured hereby after its due date, Beneficiary does not waive his right either to require prompt payment when due of all other sums so secured or to declare default for failure so to pay. (8) That at any time or from time to time, without liability therefor and without notice, upon written request of Beneficiary and presentation of this Deed and said note for endorsement, and without affecting the personal liability of any person for payment of the indebtedness secured hereby, Trustee may: reconvey any part of said property; consent to the making of any map or plat thereof; join in granting any easement thereon; or join in any extension agreement or any agreement subordinating the lien or charge hereof. (9) That upon written request of Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed and said note to Trustee for cancellation and retention and baldwn7a.wp Baldwin's Trust Deed January 9, 1992 Page 6 (-~l -,....-......-..--- "'-.----..- upon payment of its fees, Trustee shall reconvey, without warranty, the property then held hereunder. The recitals in such reconveyance of any matters of facts shall be conclusive proof of the truthfulness thereof. The grantee in such reconveyance may be described as "the person or persons legally entitled thereto." Five years after issuance of such full reconveyance, Trustee may destroy said note and this Deed (unless directed in such request to retain them) . (10) That as additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance of these Trusts, to collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues and profits as they become due and payable. Upon any such default, Beneficiary may at any time without notice, either in person, by agent, or by a receiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured, enter upon and take possession of said· property or any part thereof, in his own name sue for or otherwise collect such rents, . issues and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, including reasonable attorney's fees, upon any indebtedness secured hereby, and in such order as Beneficiary may determine. The entering upon and taking possession of said property, the collection of such rents, issues and profits and the application thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. (11) That upon default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and payable by delivery to Trustee of written declaration of default·and demand for sale and of written notice of default and of election to cause to be sold said property, which notice Trustee shall cause to be filed for record. Beneficiary also shall deposit with Trustee of this Deed, said note and all documents evidencing expenditures secured hereby. After the lapse of such time as may then be required by law following the recordation of said notice of default, and of notice of sale having been given as then required by law, Trustee, without demand on Trustor, shall sell said property at the time and place fixed by it in said notice of sale, either as a whole or in separate parcels, and in such order as it may be determined, at public auction to the highest bidder for cash in lawful money of baldwn7a.wp Baldwin's Trust Deed January 9, 1992 Page 7 \-3~ <-- ------"-,---_..__.._----, the united states, payable at time of sale. Trustee may postpone sale of all or any portion of said property by public announcement at such time and place of sale, and from time to time thereafter may postpone such sale by public announcement at the time fixed by the preceding postponement. Trustee shall deliver to such purchaser its deed conveying the property so sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including Trustor, Trustee, or Beneficiary as hereinafter defined, may purchase at such sale. After deducting all costs, fees and expenses of Trustee and of this Trust, including cost of evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment of: all sums expended under the terms hereof, not then repaid, with accrued interest at the amount allowed by law in effect at the date hereof; all other sums secured hereby; and the remainder, if any, to the person or persons legally entitled thereto. (12) Beneficiary, or any successor in ownership of any indebtedness secur·ed hereby, may from from time to time, by instrument in writing, substitute a successor or successors to any Trustee named herein or acting hereunder, which instrument, executed by the Beneficiary and duly acknowledged and recorded in the office of the recorder of the county or counties where said property is situated, shall be conclusive proof of proper substitution of such successor or Trustee or Trustees, who shall, without conveyance from the Trustee predecessor, succeed to all its title, estate, rights, powers and duties. said instrument must contain the name of the original Trustor, Trustee and Beneficiary hereunder, the document number or the book and page where this Deed is recorded and the name and address of the new Trustee. (13) That this Deed applies to, inures to the benefit of, and binds all parties hereto, their heirs, legatees, devices, administrators, executors, successors, and assigns. The term Beneficiary shall mean the owner and holder, including pledgees, of the note secured hereby, whether or not named as Beneficiary herein. In this Deed, whenever the context so requires, the masculine gender includes the feminine and/ or neuter, and the singular number indicates the plural. (14) That Trustee accepts this Trust when this Deed, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or of any action or proceeding in which Trustor, Beneficiary or Trustee shall be a party unless brought by Trustee. baldwn7a.wp Baldwin's Trust Deed January 9, 1992 Page 8 ¡- 37 Recording Requested by: City of Chula Vista, California and when recorded, mail to City of Chula Vista 276 Fourth Avenue Chula Vista, CA 91910 Attention: City Clerk For Off~c~al Use Only Assessor Parcel No: 304-390-43 DEED OF TRUST AND ASSIGNMENT OF RENTS THIS DEED OF TRUST, made this January 14, 1992, for the purposes of reference, and effective as of the date executed by the parties, between the Baldwin Building Contractors, L.P., a California Limited Partnership, herein called "Trustor", whose address is 11975 El Camino Real, suite 200, San Diego, CA 92130, Attention: Greg Smith, as desginee for Baldwin Vista Associates, L.P. , a California Limited Partnership, Spring Mountain Escrow Inc. , a California corporation, herein called I'Trustee" , and the City of Chula Vista, herein called "Beneficiary", whose address is 276 Fourth Avenue, Chula Vista, California, as follows: The Trustor irrevocably grants, transfers and assigns to Trustee in trust, with power of sale, that property in San Diego County, California, described as set forth in the attached Exhibit 1 to Deed of Trust, together with buildings, fixtures, equipment and other assets located thereon or appurtenant thereto, and together with the rents, issues and profits thereof, subject, however, to the right, power and authority given to and conferred upon Beneficiary by paragraph (10) of the provisions attached hereto as Exhibit 2 to Deed of Trust, to collect and apply such rents, issues and profits, baldwn8.wp Baldwin's Trust Deed January 9, 1992 Page 1 ì. - '10 _.._.~~ .---~.- FOR THE PURPOSE OF SECURING: (1) payment of the indebtedness evidenced by one promissory note dated January January 14, 1992, and entitled: "Note Secured by Deed of Trust," and any extension or renewal thereof, in an amount of $460,42S.S6, and executed by Trustor's Designator, Baldwin Vista Associates, L.P., a California Limited Partnership in favor of Beneficiary or order; (2) performance by Trustor's Designator of its obligations as described or referenced in Section IV of that Agreement between Trustor's Designator, Beneficiary and Robert Bein, William Frost & Associates, dated November 12, 1991, and entitled "Second Three Party Agreement for Otay Ranch Development Processing" also referred to herein as the "Subject Agreement"; (3) performance by Trustor of each agreement of Trustor as contained herein, including without limitation, those set forth in Exhibit 2 hereto (related to the protection of the security); and (3) performance under any agreements that are secured by a trust deed, mortgage, lien, or other encumbrance against the title to the property which is the subject matter of this grant that is, or may be, superior to this Deed of Trust. TO PROTECT THE SECURITY OF THIS DEED OF TRUST, Trustor agrees, by the execution and delivery of this Deed of Trust and the Note and Subject Agreement secured hereby, that provisions (1) to (14), inclusive, of Exhibit 2 hereby are adopted and incorporated herein and made a part hereof as fully as though set forth herein at length. To the extent permitted by Law, all of the personal property described in the deed of trust or mortgage shall be deemed to be fixtures and part of the real property. As to any part of such personal property not deemed or permitted by law to be fixtures, the deed of trust or mortgage shall constitute a security agreement under the Uniform Commercial Code. The undersigned Trustor requests that a copy of any Notice of Default and of any Notice of Sale hereunder be mailed to the undersigned at his address hereinbefore set forth. Dated: Baldwin Building Contractors, L.P., a California Limited Partnership by: Baldwin Builders, Inc., a California Corporation, its General Partner by: Greg Smith, President. [attach notary acknowledgment] baldwnS.wp Baldwin's Trust Deed January 9, 1992 Page 2 I -4 ( ." ~~_.._._--- ,.--.---"- -..-. Exhibit 1 to Trust Deed Legal Description of Subject Property 12777 Dannan Court, San Diego, CA 92130 Parcel 5 of Map 15699 Assessor Parcel No. 304-390-43 That real property situated in the City of San Diego, County of San Diego, State of California, commonly known as Parcel 5 of Parcel Map No. 15699, in the City of San Diego, County of San Diego, State of Califonria, filed in the Office of the County Recorder of San Diego County, June 8, 1989 as File No. 89-302414 of Official Records. baldwn8.wp Baldwin's Trust Deed January 9, 1992 Page 4 ï-~ --...~._._..__....,. Exhibit 2 to Trust Deed Standard provisions To Protect the Security of This Deed of Trust, Trustor Agrees: (1) To keep said property in good condition and repair; not to remove or demolish any building thereon; to complete or restore promptly and in good and workmanlike manner any building which may be constructed, damaged or destroyed thereon and to pay when due all claims for labor performed and materials furnished therefore; to comply with all laws affecting said property or requiring any alterations or improvements to be made thereon; not to commit or permit waste thereof; not to commit, suffer or permit any act upon said property in violation of law; to cultivate, irrigate, fertilize, fumigate, prune, and do all other acts which from the character or use of said property may be reasonably necessary, the specific enumerations herein not excluding the general. (2) To provide, maintain and deliver to Beneficiary such certificates of fire, vandalism and malicious mischief insurance satisfactory to and with loss payable to Beneficiary. The amount collected under any fire or other insurance policy may be applied by Beneficiary upon any indebtedness secured hereby and in such order as Beneficiary may determine, or at option of Beneficiary the entire amount so collected or any part thereof may be released to Trustor. Such application or release shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. The provisions hereof are subject to the mutual agreement of the parties as below set forth. (3) To appear in and defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee; and to pay all costs and expenses, including cost of evidence of title and attorney I s fees in a reasonable sum, in any such action or proceeding in which Beneficiary or Trustee may appear, and in any suit brought by Beneficiary to foreclose this Deed. (4) To pay: at least ten days before delinquency all taxes and assessments affecting said property, including assessments on appurtenant water stock; subject to the mutual agreements of the parties as below set forth, to pay when due, all encumbrances, charges and liens, with interest, on said property or any part thereof, which appear to be prior or superior hereto; all costs, fees and expenses of this Trust. baldwn8.wp Baldwin's Trust Deed January 9, 1992 Page 5 ,- 4-3 ---.,.-.,---..,- .._--- ._- "."- _. ~_...., Should Trustor fail to make any payment or to do any act as herein provided, then Beneficiary or Trustee, but without obligation so to do and without notice to or demand upon Trustor and without releasing Trustor from any obligation hereof, may: make or do the same in such manner and to such extent as either may deem necessary to protect the security hereof, Beneficiary or Trustee being authorized to enter upon said property for such purposes; appear in and defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee; pay, purchase, contest or compromise any incumbrance, charge or lien which in the judgment of either appears to be prior or superior hereto; and, in exercising any such powers, pay necessary expenses, employ council and pay his reasonable fees. (5) To pay immediately and without demand all sums so expended by Beneficiary or Trustee, with interest from date of expenditure at the amount allowed by law in effect at the date hereof, and to pay for any statement provided for by law in effect at the date hereof regarding the obligation secured hereby any amount demanded by the Beneficiary not to exceed the maximum allowed by law at the time when said statement is demanded. (6) That any award of damages in connection with any condemnation for public use of or injury to said property or any part thereof is hereby assigned and shall be paid to Beneficiary who may apply or release such moneys received by Beneficiary in the same manner and with the same effect as above provided for disposition of .proceeds of fire or other insurance. The provisions hereof are subject to the mutual agreements of the parties as below set forth. (7) That by accepting payment of any sum secured hereby after its due date, Beneficiary does not waive his right either to require prompt payment when due of all other sums so secured or to declare default for failure so to pay. (8) That at any time or from time to time, without liability therefor and without notice, upon written request of Beneficiary and presentation of this Deed and said note for endorsement, and without affecting the personal liability of any person for payment of the indebtedness secured hereby, Trustee may: reconvey any part of said property; consent to the making of any map or plat thereof; join in granting any easement thereon; or join in any extension agreement or any agreement subordinating the lien or charge hereof. (9) That upon written request of Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed and said note to Trustee for cancellation and retention and baldwn8.wp Baldwin's Trust Deed January 9, 1992 Page 6 l-~~ -"-_.. ...- upon payment of its fees, Trustee shall reconvey, without warranty, the property then held hereunder. The recitals in such reconveyance of any matters of facts shall be conclusive proof of the truthfulness thereof. The grantee in such reconveyance may be described as "the person or persons legally entitled thereto." Five years after issuance of such full reconveyance, Trustee may destroy said note and this Deed (unless directed in such request to retain them) . (10) That as additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance of these Trusts, to collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues and profits as they become due and payable. Upon any such default, Beneficiary may at any time without notice, either in person, by agent, or by a receiver to be appointed by a court, and without regard to the adequacy of any security for the i~debtedness hereby secured, enter upon and take possession of said property or any part thereof, in his own name sue for or otherwise collect such rents, issues and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, including reasonable attorney's fees, upon any indebtedness secured hereby, and in such order as Beneficiary may determine. The entering upon and taking possession of said property, the collection of such rents, issues and profits and the application thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. (11) That upon default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and payable by delivery to Trustee of written declaration of default and demand for sale and of written notice of default and of election to cause to be sold said property, which notice Trustee shall cause to be filed for record. Beneficiary also shall deposit with Trustee of this Deed, said note and all documents evidencing expenditures secured hereby. After the lapse of such time as may then be required by law following the recordation of said notice of default, and of notice of sale having been given as then required by law, Trustee, without demand on Trustor, shall sell said property at the time and place fixed by it in said notice of sale, either as a whole or in separate parcels, and in such order as it may be determined, at public auction to the highest bidder for cash in lawful money of baldwn8.wp Baldwin's Trust Deed January 9, 1992 Page 7 1-4s ,...-- -.....---....----.--.-.,--.-.-- the United states, payable at time of sale. Trustee may postpone sale of all or any portion of said property by pUblic announcement at such time and place of sale, and from time to time thereafter may postpone such sale by public announcement at the time fixed by the preceding postponement. Trustee shall deliver to such purchaser its deed conveying the property so sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including Trustor, Trustee, or Beneficiary as hereinafter defined, may purchase at such sale. After deducting all costs, fees and expenses of Trustee and of this Trust, including cost of evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment of: all sums expended under the terms hereof, not then repaid, with accrued interest at the amount allowed by law in effect at the date hereof; all other sums secured hereby; and the remainder, if any, to the person or persons legally entitled thePeto. (12) Beneficiary, or any successor in ownership of any indebtedness secur·ed hereby, may from from time to time, by instrument in writing, substitute a successor or successors to any Trustee named herein or acting hereunder, which instrument, executed by the Beneficiary and duly acknowledged and recorded in the office of the recorder of the county or counties where said property is situated, shall be conclusive proof of proper substitution of such successor or Trustee or Trustees, who shall, without conveyance from the Trustee predecessor, succeed to all its title, estate, rights, powers and duties. Said instrument must contain the name of the original Trustor, Trustee and Beneficiary hereunder, the document number or the book and page where this Deed is recorded and the name and address of the new Trustee. (13) That this Deed applies to, inures to the benefit of, and binds all parties hereto, their heirs, legatees, devices, administrators, executors, successors, and assigns. The term Beneficiary shall mean the owner and holder, including pledgees, of the note secured hereby, whether or not named as Beneficiary herein. In this Deed, whenever the context so requires, the masculine gender includes the feminine and/ or neuter, and the singular number indicates the plural. (14) That Trustee accepts this Trust when this Deed, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or of any action or proceeding in which Trustor, Beneficiary or Trustee shall be a party unless brought by Trustee. baldwn8.wp Baldwin's Trust Deed January 9, 1992 Page 8 ¡- 410 -..- . ^ ....--.-.--.---.-...--. , . . . , EXHIBIT .C' SCOPE OF SERVICES 0-. . A Consultant agrees to perform the following Scope of Services as part of the General Plan Amendment and General Development Plan/Co=unity Plan planning process for the Otay Ranch. The scope is general in nature in that the final products will be determined during the process through interacûon with the Technical, Citizen and Executive Staff Committees. For this reason the scope is being prepared on a time and materials basis, and actual costs may vary from estimated costs. TASK 01 Perform research as directed by the Executive Staff Committee on issues pertaining to the preparation of the General Plan Amendments and the General Development Plan/Co=unity Plan for the Otay Ranch Project. Research questions to be investigated and documented in the form of issue or special study papers. TASK 02 Provide assistance to Project Team for review of the Resource Management Plan submitted by the applicant This review will include investigation of concerns from other agencies and interested parties. Prepare an analysis of the County of San Diego Resource Protection Ordinance as it relates to the Resource Management Plan. TASK 03 Conduct analysis for and prepare the texts, maps and graphics for the General Plan Amendments and the General Development Plan/Co=unity Plan . required for both the City and County. This .task also involves preparing portions of the General Develópment Plan text as detailed on attached GDP outline. This task will entail reviewing other consultants' w.ork on the GDP /Co=unity Plan to assist the City of Cbula Vista and the County of San Diego in conforming with the requirements of a General Development Plan and CO=unity Plan. TASK 04 Attendance at Citizen Committees on issues pertaining to the preparation of the General Plan Amendments and the General Development Plan/Co=unity Plan. 0 TASK 05 K/SW1.9S.rev l-~l ,--.-... , . , . Robert Bem, William Frost & Associates November 7, 1991 Contract Agreement for IN 500295 Page 2 of 5 -- TASK 06 Provide coordination, as requested by Executive Staff Committee, on regional issues outside the Otay Ranch which have a continuing impact on the planning of the Otay Ranch. Such coordination involves meeting with various organizations and interested parties on issues such as the designation of SR- 125 as a toll road, the establishment of regional biological conservation areas and wildlife corridors, the planning of the Otay Valley Regional Park, and the study of fixed rail transit extension into the South Bay. . TASK fJ7 Make presentations to groups interested in the planning of the Otay Ranch. Such groups may include, but are not limited to, professional planning organizations (i.e. American Planning Association), local citizen groups other than the Citizen Committees, such as "Crossroads", and other interested parties, as requested by the General Manager. TASK 08 Attend and prepare staff reports, graphics and other material as required for workshops and public hearings. TASK 09 Provide environmental coordination. This effort involves weekly monitoring of the progress of the Environmental Impact Review (Em) consultant, the coordination of the EIRreview process and the preparation of staff reports. This effort does not include production of environmental documentation. .. TASK 10 Provide Public Facilities review and coordination. This effort involves attempting to resolve differences between standards and policies of the City of Chula Vista and County of San Diego. This work effort would continue through adoption of the GDP /Co=unity Plan. TASK 11 This task is a budgeted amount for anticipated work which may be requested that is not included in the above taSks. Authorization of this work will be made by signed "Additional Work Orders" to be approved by the General Manager prior to initiation of the additional work. This budget is based upon a 10% contingency estimate. Exn USIONS Work relating to traffic engineering and analysis is excluded from this Scope of Services. The traffic consulting firm of JHK and Associates will be submitting a separate addendum to the City .of Chula Vista for the associated traffic work items. K/SIXJ29S.rev Î- 48 .-...-".,.------ -.-. · : - Robert Bein, William Frost & Associates November 7,1991 Contract Agreement for IN 500295 Page 3 of 5 .. The scope is general in nature in that the final products will be determined during the process through interaction with the Technical, Citizen and Executive Staff Committees. For this reason the scope is being prepared on a time and materials basis, and actual costs may vary from estimated costs. K/S0029S.- Î-~4 ._n."._·.·,__._.····___· · Robert Bein, William Frost & Associates November 7, 1991 .. Contract Agreement for IN 500295 Page 4 of 5 -.. EXHIBIT "D" COMPENSATION B. Qient agrees to compensate Consultant for such services as follows unless otherwise agreed upon by both parties: Monthly on a time and materials basis based upon 2.75 times the wages paid for all personnel working on the project, with an iniûal estimated budget of $614,514.55, which includes a 15% contingency for additional work requests outside the Scope of Services. This budget amount is for authorizaûon purposes only. Should the total of the monthly billings reach eighty percent (80%) of the budget amount, Client and Consultant will review the status of the work to determine the need for an increase in the budget amoUnt, and whether addiûonal budget authorizaûonto complete the project is appropriate. K/50029S.rcv \_~D ..-...,.,....---- "V . , .' ~ Robert Bein, William Frost & Associates November 7, 1991 Contract Agreement for IN 500295 Page 5 of 5 EXHIBIT "Dft (Continued) --.... ESTlMAJED BUDGET MONTH ESTIMA TRD BUDGET July 1991 - 65,927.59 August 1991 82,797.92 September 1991 70,289.04 October 1991 50,000.00 November 1991 50,000.00 December 1991 50,000.00 January 1992 30,000.00 February 1992 30,000.00 March 1992 30,000.00 April 1992 30,000.00 May 1992 30,000.00 June 1992 30.000.00 Subtotal $549,014.55 , Extra Work - 15% Contingency (October 1991-June 1992) 49,000.00 Estimated direct cost of reimbursable items (October 1991-June 1992) 16.500.00 TOTAL ~614.514.55 Addendum #5 is requesting that $614,514.55 be authorized and that billing will be on a time and materials basis. K/S0029S.rev . '[- ~ ..~-"......".,,~_.__._, ~bert CJJei1l., William Prost ~c!3lssociates PROFESSIONAL ENGINEERS, PLANNERS & SURVEYORS EXHIBIT D AVERAGE EMPLOYEE COMPENSATION SCHEDULE Effective August 1, 1991 OFFICE PERSONNEL Principal $ 45.00 Project Director 40.00 Structural Engineer 35.00 Project Manager/Engineer 31.00 Senior Engineer 29.00 Registered Engineer 27.00 Senior Designer 25.00 Design Engineer 24.00 Designer (CAD D) 22.00 Mapping Calculator 23.00 Designer/Planner 20.00 Senior Draftsman/Technician 19.00 Draftsman/Graphic Artist 17.00 Environmental Analyst 16.00 Engineering/Planning Aide 13.00 COMPUTER & OTHER SERVICE FEES Computer Aided Design and Drafting 13.00 P.C. Work Station 5.00 Clerical 11.00 Consultation Relative to Legal Actions 82.00 Note: Blueprinting. reproduction, messenger service and other direct expenses will be charged at cost. A subconsultant Management Fee of fifteen (15) percent will be added to the direct cost of all subconsultant services to provide for the cost of administration, subconsultant consultation, and insurance. "Prg[essioTLa1 Service SiTLce 1944 71 NORTH FOURTH AVENUE' CHULA VISTA, CALIFORNIA 91910-1007' (619) 426-5400' FAX (619) 426-1575 OFFICES IN IRVINE. CORONA. PALM DESERT. SACRAMENTO· TEMECULA -, - ~z.