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30023-3 Shea La QuintaCITY OF LA QUINTA SUBDIVISION IMPROVEMENT AGREEMENT TRACT MAP NO. 30023-3 ON -SITE IMPROVEMENTS THIS SUBDIVISION IMPROVEMENT AGREEMENT (the "Agreement") is made and entered into this l �A day of 20 o , by and between Shea La Quinta, LLC a California Limited Liability Company hereinafter referred to as "Subdivider," and the City of La Quinta, a municipal corporation of the State of California, hereinafter referred to as "City." RECITALS: A. Subdivider has prepared and filed a final map or Tract map (the "Map") of a unit of land in the City of La Quinta, County of Riverside, which unit of land is known as Tract No. 30023-3 (the "Tract") pursuant to the provisions of Section 66410, et sec. of the California Government Code (the "Subdivision Map Act"). B. Prior to approval of the Map, Subdivider is required to install or agree to install certain public and private improvements (the "Improvements"). C. The Improvements have not been installed and accepted at this time. D. It is therefore necessary that Subdivider and City enter into an agreement for the installation of the Improvements as provided in Section 66462 of the Subdivision Map Act. NOW, THEREFORE, it is agreed by and between the parties hereto as follows: 1. Improvement Plans. Prior to submittal of the Map for approval by the City Council, Subdivider shall furnish original improvement plans meeting the requirements of the City Engineer. 2. Improvements. Subdivider shall construct the public and private street, drainage, utility, landscaping, and other improvements required to be constructed or agreed to be constructed under this Agreement as listed in Exhibit "A", and shall bear the full cost thereof. The methods, standards, specifications, sequence, and scheduling -of construction shall be as approved by the City Engineer. 3. Improvement Security. A. One class of security to be provided by Subdivider, hereinafter referred to as "performance security," shall assure the faithful performance of this Agreement including construction of the Improvements, payment of Subdivider's fair share of Improvements which have been or will be constructed by others ("Participatory Improvements"), and payment of plan check and permit fees. A second class of security to be provided by Subdivider, hereinafter referred to as "payment security," shall assure the payment of the cost of labor, equipment and materials supplied to construct the Improvements. A third class of security to be provided by Subdivider, hereinafter referred to as "warranty security," shall serve as a guarantee and warranty of the Improvements for a period of one year following the completion and acceptance of the Improvements. Subdivider shall furnish performance and payment security prior to and as a condition of City Council approval of the Map. Subdivider shall provide warranty security after Improvements are complete and accepted by the City Council and prior to or concurrently with the final release of performance security. Warranty security shall not be required for Monumentation or Participatory Improvements. However, the City may utilize Monumentation Security for performance of or payment for the work in accordance with the Subdivision Map Act. As part of the obligation secured by each of the performance security, payment security and warranty security, and in addition to the face amount of each such security, each such security shall include and assure the payment of costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing the obligations thereby secured. 1 or 7 B. Improvement security shall conform with Section 66499 of the California Government Code and one or more of the following: 1) A cash deposit with City or a responsible escrow agent or trust company, at City's option. 2) Surety bonds, of the form specified in subsection 66499.2 of the California Government Code, issued by a surety or sureties listed in the U.S. Department of Treasury Circular 570 (latest version). 3) Certificates of deposit, in City's name, from one or more financial institutions subject to regulation by the state or federal government and having a financial quality rating of "A" or better and a commitment reliability rating of "R-2" or better on the Investment Data Exchange (of the Los Angeles County Treasurer's office). 4) Irrevocable letters of credit, issued by one or more financial institutions meeting the requirements of Paragraph (3), pledging that the funds necessary to carry out the completion of the Improvements are on deposit, guaranteed for payment, and constitute a trust fund which is not subject to levy or attachment by any creditor of the depositor until released by City. Letters of credit shall guarantee that all or any portion of the funds available pursuant to the letters of credit will be paid upon the written demand of City and that such written demand need not present documentation of any type as a condition of payment, including proof of loss. The duration of any such letter of credit shall be for a period of not less than one year from the execution of the agreement with which it is provided and shall state, on its face, that the letter of credit will be automatically renewed until such time that City authorizes its expiration or until sixty (60) days after City receives notice from the financial institution of intent to allow expiration of the letter of credit. 5) A lien upon the subdivided property, if City finds that it would not be in the public interest to require the installation of the Improvements sooner than two (2) years after recordation of the final map or Tract map for which the Improvements are required. The lien shall provide a collateral value of three (3) times the estimated cost of the Improvements and shall include the power of sale of the real property, all buildings and improvements thereon, or that may be erected upon or made thereto, together with all hereditaments and appurtenances thereunto belonging, or in any wise appertaining, and the reservations, remainders, rents, issues, and profits thereof. The collateral value of the property shall be established at Subdivider's expense through an appraisal approved by City. 6) An instrument of credit from an agency of the state, federal or local government, when any agency of the state, federal, or local government provides at least Twenty Percent (20%) of the financing for the Improvements. 7) When Subdivider is a non-profit organization, security may be negotiable bonds, of the kind approved for securing deposits of public moneys with City or in favor of City, as specified in Section 16430 of the California Government Code, deposited, at City's option, with City or a responsible escrow agent or trust company. C. All securities shall be furnished in accordance with the provisions of Exhibit A. The amount of the performance security shall equal One Hundred Percent (100%) of the estimated cost of constructing the Improvements, including payment of plan check and permit fees, as estimated by the City Engineer or a duly authorized representative of the City Engineer. The amount of Payment security shall equal the amount of the amount of performance security, except as otherwise set forth in Exhibit A, and shall be furnished as a separate security. Warranty security shall equal Ten Percent (10%) of the amount of performance security except as otherwise set forth in Exhibit A. D. At the time of submittal of security, Subdivider shall pay to City administrative fees applicable to the form of security provided. Administrative fees shall apply to the subdivision (final map, Tract map or waiver of Tract map) rather than to individual security instruments. The fees shall be paid separately for each different form and/or source (surety or financial institution) of security initially submitted and for substitution of securities but shall not be required for submittal of warranty 2 of 7 security if the warranty security is of the same form and from the same source as the performance security it replaces. Administrative fees for security shall be as follows: 1) For certificates of deposit, bonds and letters of credit as described in Paragraphs 2), 3) and 4) of SECTION 3.B., which require the establishment of evidence of the reliability of the surety or financial institution, the administrative fee shall be One Hundred Fifty Dollars ($150.00). 2) For liens on real property as described in Paragraph 5) of SECTION 3.B., for which City will prepare lien agreements and subordination agreements, administer valuation of the real property and administer the agreements over the life of the lien, all of which require legal assistance and financial advice, Subdivider shall pay to City an administration fee of One Half of One Percent (0.5%) of the estimated cost of the improvements secured but not less than Five Hundred Dollars ($500.00) nor more than Five Thousand Dollars ($5,000.00). 3) For other forms of security listed in Section 3 B, above, there will be no administrative fee. E. Participatory Improvements, if any, are identified in Exhibit A. Security for Participatory Improvements shall remain in place until the Participatory Improvements are constructed and actual costs are known and paid by Subdivider, or until Subdivider pays to City the estimated cost of the Participatory Improvements, and shall guarantee the reimbursement by Subdivider of Subdivider's share of the cost of the Participatory Improvements. Payment security and warranty security shall not be required for Participatory Improvements. Upon written demand from City, Subdivider shall deposit cash with City in lieu of or in replacement of security guaranteeing Participatory Improvements. If Subdivider fails to deposit said cash within 30 days of the date of the written demand from City, City may present a written demand to Subdivider's Surety for payment of said cash and Subdivider's Surety shall pay to City the lesser of: 1) the amount demanded, or 2) the amount of the security. F. Security shall not expire, be reduced or become wholly or partially invalid for any reason, including non-payment of premiums, modifications of this Agreement and/or expiration of the time for performance stated in this Agreement, without express authorization from City unless the surety provides City with sixty (60) days written notice by registered or certified mail, return receipt requested. G. Security shall be released in the following manner: 1) Performance security shall be released upon the final completion and acceptance or approval, by the City Council of the Improvements subject to the provisions of paragraph B. 2) The City Engineer may authorize partial reduction of performance security as work progresses, upon application by Subdivider. However, no such reduction shall be for an amount less than Ten Percent (10%) of the total performance security provided for the faithful performance of the act or work. In no event shall security be reduced below that required to guarantee the completion of the act or work or obligation secured, plus Ten Percent (10%). The City Engineer shall not allow more than two partial reductions of security furnished for any improvement agreement. 3) Participatory Improvement security shall be released upon payment by Subdivider of Subdivider's share of the cost or estimated cost of the Participatory Improvements. 4) If City receives no notice of recorded claims of lien, labor and materials security shall be released in full 90 days after final acceptance and/or approval by the City Council, of the Improvements. If City receives notice of any recorded lien, the provisions of the Subdivision Map Act shall apply. 5) Warranty security not utilized during the warranty period shall be released one year after final acceptance or approval by the City Council of all Improvements. However, if at the end of the one-year warranty period, there are one or more outstanding requests by City for performance of work or provision of materials under the terms of the warranty, warranty 3of7 security shall be retained until the outstanding requests are satisfied or until Subdivider has made other arrangements satisfactory to the City Engineer. 4. Permits Required. Prior to commencing any _phase of work, Subdivider shall obtain all permits required for that phase of work and pay all required fees. Work performed under a permit or permits shall comply with all provisions of the required permits. 5. Off -site Improvements. When the construction of one or more of the Improvements requires or necessitates the acquisition of real property not owned by Subdivider or City, Subdivider shall use its best efforts purchase such real property at a reasonable price. In the event that Subdivider is unsuccessful, despite its best efforts, to acquire such real property at a reasonable price, Subdivider may request in writing that City attempt to acquire such real property. City may, but is not required to, agree to attempt to acquire such real property on behalf of Subdivider. If City so agrees, City and Subdivider shall enter a separate written agreement in a form acceptable to the City Attorney. Said separate agreement shall provide that Subdivider advance to City One Hundred Fifty Percent (150%) of the appraised fair market value of the real property. Any unexpended portion of said advance shall be refunded to Subdivider. Any additional funds required for acquisition of the real property shall be paid by Subdivider to City upon the conveyance of said real property to Subdivider. In no event shall the failure of Subdivider or City to acquire such real property excuse, waive, or otherwise terminate Subdivider's obligation to construct the applicable improvement pursuant to this Agreement or the Conditions of Approval. 6. Completion of Improvements. Subdivider shall begin construction of the Improvements within ninety (90) days and shall complete construction within twelve (12) months after the approval of this Agreement. Portions of the Improvements may be completed at a later date, as determined by the City Engineer or as set forth in Exhibit A. Failure by Subdivider to begin or complete construction of the Improvements within the specified time periods shall constitute cause for City, in its sole discretion and when it deems necessary, to declare Subdivider in default of this agreement, to revise improvement security requirements as necessary to ensure completion of the improvements, and/or to require modifications in the standards or sequencing of the Improvements in response to changes in standards or conditions affecting or affected by the Improvements. Said failure shall not otherwise affect the validity of this agreement or Subdivider's obligations hereunder. 7. Force Maieure. In the event that Subdivider is unable to perform within the time limits herein due to strikes, act of God, or other events beyond Subdivider's control, the time limits for obligations affected by such events will be extended by the period of such events. 8. Time Extension. Subdivider may make application in writing to the City Council for an extension of time for completion of the Improvements. The City Council, in its sole and absolute discretion, may approve or deny the request or conditionally approve the extension with additions or revisions to the terms and conditions of this Agreement. As a condition of the time extension, Subdivider shall furnish securities, similar in form and substance to those required in SECTION 3 hereinabove, to cover the period of extension. The value of the securities shall be sufficient to ensure the performance of and payment for Improvements that remain incomplete at the time of the extension, and to provide warranty security on completed Improvements. 9. Survey Monuments. Before final approval of street improvements, Subdivider shall place survey monuments in accordance with the provisions of Sections 66495, et sec. of the Subdivision Map Act and of the La Quinta Municipal Code. Subdivider shall provide the City Engineer written proof that the monuments have been set, evidence of payment and receipt thereof by the engineer or surveyor setting the monuments, and intersection monument tie -outs for monuments set in public streets. 10. Final Acceptance of Improvements. At the completion of construction and prior to acceptance of the Improvements by City, Subdivider shall submit a request for final approval by City. The request shall be accompanied by any required certifications from Subdivider's engineers or surveyors, approval letters from other agencies having jurisdiction over and approval authority for improvements required by this Agreement or the Conditions of Approval, and any required construction quality documentation not previously submitted. 4of7 Upon receipt of said request, the City Engineer or a duly -authorized representative will review the required documentation and will inspect the Improvements. If the Improvements are determined to be in accordance with applicable City standards and specifications, and as provided herein, obligations required by the Conditions of Approval and this Agreement have been satisfied, and Subdivider has provided revised plans as required in Paragraph 11, hereinafter, the City Engineer shall recommend acceptance of the Improvements by the City Council. 11. Revisions to Plans. When the Improvements have been inspected and approved by the City Engineer, Subdivider shall make any necessary revisions to the original plans held by City so the plans depict the actual Improvements constructed. When necessary revisions have been made, each separate sheet of the plans shall be clearly marked with the words "As -Built," "As -Constructed," or "Record Drawing," the marking shall be stamped by an engineer or surveyor, as appropriate for the improvements thereon, who is licensed to practice in California, and the plans shall be resubmitted to the City Engineer. 12. Improvement Warranty. Subdivider hereby guarantees the Improvements to City for a period of one (1) year, beginning on the date of final acceptance of the Improvements by the City Council, against any defective work or labor done, or defective materials furnished, and shall repair or replace such defective work or materials. 13. Release of Security. City shall retain and release securities in accordance with the provisions of Section 3 of this agreement. Prior to the release of payment security, the City Engineer may require Subdivider to provide a title report or other evidence sufficient to show claims of lien, if any, that may affect the amount of payment security released. 14. City Right to Cure. If Subdivider fails to perform any obligation hereunder and such obligation has not been performed within sixty (60) days after written notice of default from City, then City may perform the obligation, and Subdivider shall pay the entire cost of such performance by City including costs of suit and reasonable attorney's fees incurred by City in enforcing such obligation. In cases of emergency or compelling public interest, as determined by the City Engineer, the requirement for written notice of default and/or the passage of sixty (60) days shall be deemed waived and all other provisions of this Article shall remain in effect. 15. Indemnification. Subdivider hereby binds itself, its officers, employees, agents, representatives, executors, administrators, guarantors, heirs, and assigns, and agrees to indemnify, defend and hold City and its officers, employees, agents, representatives, and assigns harmless from and against any losses, claims, demands, actions, or causes of action of any nature whatsoever, arising out of or in any way connected with Subdivider's performance herein under, including costs of suit and reasonable attorneys' fees. 16. No Modification of Conditions. This Agreement shall in no respect act to modify or amend any provision of the Conditions of Approval. In the event that any requirement or condition of this Agreement is inconsistent with or fails to include one or more provisions of the Conditions of Approval, which document(s) is (are) incorporated herein by reference, the provisions in the Conditions of Approval shall remain in effect and shall control. 17. Severability. In the event that any provision or provisions of this Agreement are held unenforceable, all provisions not so held shall remain in full force and effect. 18. General Provisions. A. All notices pursuant to this Agreement shall be in writing and shall be personally delivered or sent by registered or certified mail, return receipt requested, to the parties at their respective addresses indicated hereon. Notices personally delivered shall be effective upon delivery. Notices mailed as provided herein and sent postage prepaid shall be effective upon the date of delivery or refusal indicated on the return receipt. Either party may change its address for notices hereunder by notice to the other given in the manner provided in this subparagraph. B. The terms, conditions, covenants, and agreements set forth herein shall apply to and bind the heirs, executors, administrators, assigns, and successors of the parties hereto. 5of7 C. Neither party to this Agreement relies upon any warranty or representation not contained in this Agreement. D. This Agreement shall be governed by and interpreted with respect to the laws of the State of California. E. In the event of any dispute between the parties with respect to this Agreement, the prevailing party shall be entitled to prompt payment of its reasonable attorneys' fees from the non -prevailing party. F. Any failure or delay by either party in asserting any of its right and remedies as to any default shall not operate as a waiver of any default or of any such rights or remedies provided for hereunder. IN WITNESS WHEREOF, the parties hereto have executed this written above. CITY: City of La Quinta 78-495 Calle Tampico La Quinta, CA 92253 60/777-7075 � Thomas P. Genovese, City Manager ATTEST: Local Address Shea La Quinta, LLC. 81260 Avenue 62 La Quinta, CA 92253 (760) 777-6006 By Tit By Title: //.sS134a"rI �3ecrf--*Ae!4 I ent as of the day and year first Address 24120 1-tw= Springs Rd Glen Ivey, CA 92883 e e Reviewed an Approved: J2_j Cit "gin Date Apgaved as to Form: v City Att ney Date 6 of 7 Exhibit A SECURITY — TRACT MAP NO.30023-3 ON -SITE IMPROVEMENTS Improvements designated as "Participatory" have been or will be constructed by others. Security for Participatory Improvements shall remain in place indefinitely until called upon or released by City. Monumentation security shall guarantee performance of or payment for the work and shall be utilized or released as specified in Chapter 4, Article 9 of the Subdivision Map Act. As elements of the work are completed, Subdivider may request a maximum of two partial releases of performance security. Partial releases shall be for not less than ten percent (10%) of the total performance security for the Tract and shall not reduce total performance security below the amount necessary to complete the Improvements plus ten percent (10%) of the original amount. Partial releases of performance security will be evaluated and may be granted, in whole or in part, by the City Engineer. Requests for partial releases, setting forth in detail the amount of work completed and the value thereof, shall be made in writing to the City Engineer. Labor & materials security shall remain in place until 90 days after all required Tract improvements are complete and accepted by the City Council. Improvement Description Performance Labor & Materials Grading $ - $ - Drainage $ 28,950 $ 28,950 Street Improvements $ 842,300 $ 842,300 Domestic Water $ 550,460 $ 550,460 Sanitary Sewer $ 417,300 $ 417,300 Dry Utilities $ 284,280 $ 284,280 Street Lighting $ 148,500 $ 148,500 Irrigation System $ 44,400 $ 44,400 Monumentation $ 20,000 $ - Totals $ 2,336,190 $ 2,316,190 Standard 10% Contingencey $ 233,620 $ 231,600 Total Construction Cost $ 2,569,810 $ 2,547,790 Professional Fees, Design 10% $ 256,980 $ 254,780 Professional Fees, Const 10% $ 256,980 $ 254,780 No Plans Contingency 25% $ 642,450 $ 636,950 Bond Amount' $ 3,726,220 $ 3,694,300 7of7 ALL-PURPOSE ACKNOWLEDGMENT State of CAI E o) } m 1 County of Qty t C -A- On / /�i4RC� fo �oobefore me, /nARC (-ft3owr pafc- PL J Date Name and Tift of D/ricer personally appeared S-F e PA N AN M a -1Y QAAti 1` < NOW(s) of Si (s) ❑ personally known to me -OR- proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) • are subscribed to the within instrument and acknowledged o me that -he/she heS�xecuted the same in t eir authorized capacity ieand that by �fii�Pre their ign re(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. inlow !f Cod 136=1 WITNESS my hand and official seal. 1 &OY PutMc - OverMde C Capacity(ies) Claimed by Signer(s) Signer's Name: r. ■ OPTIONAL Individual Corporate Officer Title(s): Partner - ❑ Limited ❑ General Attorney -in -Fact Trustee Guardian or Conservator R16HT THUMBPRINT OF SIGNER Other: Tnp ,t.aab t- Signer is Representing curs of Nasty Public Signer's Name: Individual Corporate Officer Title(s): Partner - ❑ Limited ❑ General Attorney -in -Fact Trustee Guardian or Conservator RIGHT OF SIGNER THUNY�PRINT Other: _ Tap or thumb h— Signer is Representing OUTSTANDING BOND REPORT` Name: Shea La Quinta, LLC (Trilogy at La Quinta) Tract No. 30023-3 Date of Contract: 3/17/04 Required Bond Amounts: Drainage Streets Water Sewer Utilities Street Lights Irrigation Monumentation 10% Contingency Prof. Fees Design 10% Prof. Fees Const. 10% No Plans Contg. 25% Dates of Bond Reductions: $ 28,950 performance/labor & materials $842,300 same $ 550,460 same $417,300 same $284,280 same $148,500 same $ 44,400 same $ 20,000 performance only $233,620 / $231,600 $256,980 / $254,780 $256,980 / $254,780 $642,450 / $636,950 Outstanding Bonds and Bond Company: Fidelity and Deposit Co. of Maryland Amount: $3,726,220 $3,694,300 Bond No. Date Cancelled/Released: 08741762 same Bond Number: 08741762 Premium: $26.084.00 SUBDIVISION IMPROVEMENTS Parcel Map No. 30023-3 Trilogy at LaQuinta PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS: �AT, the City Council of the City of La Quints has approved the final map for Parcel Map by the 30023-3 , prior to installation of certain designated putim Map Act required No. 8 for the subject map, in accordance with the CaliforniaoMap Ad (Government Code Cor>ditiorrs of APPrev Section 66462) ERF.AS the City Council of the City of La Quints, State of Cali herein utter designated as (*principal") ea LaE�uinta, LLC certain designated public have entered` k an agreemsttt whereby Pnncipai agrees to meta and complete sad merit, dated , 200 ,and identMed-as 0 "V0� , is hereby re to and made a part hereof: and Parcel Map agreement to furnish a bond for the WHEREAS, said principal is required under the terms of said faithful performance of said agreement. NOW, THEREFORE, we, the principal and Fidelityand_De o i and, in the p®nslsum awfui as surety, are hold and firmly bound unto the City of La uinta hereinafter tailed 26 , 229.00 of Three Million Seven Hundred Twenty Six Two DOLLAR�Sbe made, we t eves, our money of the United States, for the payment to il which sum well and try, resents. heirs, successors, executors and administrators. jointly and severally, firmly by these p The condition of this obligation is such that If the above bounded principal, his or its heirs, ekeep and xecutors, administrators, successors or assigns, shah in all things stand to and abide by, and wen rt d truly thereof made as perform the covenants. conditions andto be provisions t the said agreement and any and in t therein provid ed, on his or their part, to be kept and performed at the time and in the manner therein spects according to their We intent and meaning, and shall indemnify an save specified, and in all re harmless the City, its officers, agents and employees, as therein stipulated, then this obligation shall became null and void; otherwise it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefor, there reasonable 's fees, incurred shall City included costs and reasonable such obligation, all to oo be taxed as costs and includede in any judgment by City in successfully enforcing g rendered. *Hundred Twenty and 00/100. Page 1 of 2 1:201. pSrforinance Band Bond Number: 08741762 Premium Included in Charge for Performance Bond. SUBDIVISION IMPROVEMENTS Parcel Map No. 30023-3 Trilogy at LaQuinta LABOR AND MATERIAL BOND KNOW ALL MEN BY THESE PRESENTS: THAT, the City Council of the City of La Quints has approved the final map for Parcel Map No. 30023-3 , prior to installation of certain designated public improvements required by the Conditions of Approval tor the subject map, in accordance with the California Map Act (Government Code Section 66462) WHEREAS, the City Council of the City of La Quints, State of California, and Shea La uinta LLC I hereinafter designated as *the principal" have en into an agreement whereby the principal agrees to install and complete certain designated public improvements, which agreement, dated T� 200 , and identified as Parcel Map No. 30023-3 , is hereby referred to and made a part hereof and WHEREAS, under the terms of the agreement, the principal is required before entering upon the performance of the work, to file a good and suf iclent payment bond with the City of La Quints to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of Califomla. NOW, THEREFORE, the principal and the undersigned as corporate surety, are held firmly bound unto the City of La Quints and all contractors, subcontractors, laborers, materialmen, and other persons employed in the performance of the agreement and referred to in Title 15 commencing with Section 3082) of Part 4 of Division 3 of the Civil Code in the sum of Three Million Six Hundred Ninety Four* DOLLARS (y3; 694,_300.00--), for materials fumished or labor thereon of any kind, or for amounts due under the Unemployment insurance Act with respect to this work or labor, that the surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, u including reasonable attorney' s fees, incurred by city to successfully enforcing this obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the Judgment therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies, and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. *Three Hundred and 00/100. F202 - Labor and Material Bond Page 1 of 2 TRACT MAP NO. 30023-1 Tract Map No. 30023-1 & 2 was under Riverside County jurisdiction at the time of approval. There were three (3) houses in TM 30023-1 and forty-eight (48) houses in TM 30023-2 TRACT MAP NO. 30023-2 After this area was annexed into the City, the rest of Phase 2 (TM 30023-2) was completed and combined with Phase 1 The County retained the original bonds for Phases 1 & 2 The City retained the warranty bonds for Phases 1 & 2 TRACT MAP NO. 30023-3 The first Subdivision Improvement Agreement with the City and Shea La Quinta, for this Tract was Phase 3. PLEASE COMPLETE THIS INFORMATION RECORDING REQUESTED BY: VERONICA J. MONTECINO City Clerk / Agency Secretary AND WHEN RECORDED MAIL TO: Veronica J Montecino CITY OF LA QUINTA P. 0. Box 1504 La Quinta, CA 92247-1504 DOC # 2008-0202541 04/23/2008 08:00R Fee:NC Page I of 6 Recorded in Official Records County of Riverside Larry W. Ward Assessor, County Clark & Recorder 11111111111111111111111111111111111111111111111 S I R I U I PAGEI SIZE I DA I MISC I LONGI RFD I COPY M^'I A L/� 465 426 PCOR NCOR SMF CH1 J M 6 C.(i T: I CTY UNI RESOLUTION NO. 2008-013 Restricted Access Dedication If Tract Map 30023-1, Trilogy at La Quinta Shea La Quinta, LLC Title of Document THIS PAGE ADDED TO PROVIDE ADEQUATE SPACE FOR RECORDING INFORMATION RESOLUTION NO. 2008-013 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, AUTHORIZING AN EXCEPTION TO THE RESTRICTED ACCESS DEDICATION SHOWN ON TRACT MAP NO. 30023-1, TIRLOGY AT LA QUINTA, SHEA LA QUINTA, LLC. p A IOV62I WHEREAS, the County of Riverside Board of Supervisors imposed a restricted access dedication along specific portions of the Avenue 62 frontage of Lot 145 of Tract Map No. 30023-1 when it was approved on January 28, 2003 prior to Annexation No. 14 approved on February 11, 2003 by the Riverside Local Agency Formation Commission by Resolution C-01-03; and WHEREAS, Shea La Quinta, LLC, the developer of Trilogy La Quinta, wishes to grant to the Coachella Valley Water District (CVWD) and addition parcel (Parcel A) to the west of an existing well; and WHEREAS, the City Council finds the following facts and reasons to justify approval of said exception to the restricted access dedication along Avenue 62 frontage of Lot 145 of Tract Map No. 30023-1: 1. The exception of restricted access dedication is allowed based on previous determination by the City Attorney that by the court ruling in Stevenson v. City of Downey (1962) 205 Cal. App.2d 585 that it is not necessary for the City to formally vacate or abandon the prior restriction. In that case, the court held the fact that the property owner has foregone the fight of access does not preclude a city from exercising its police powers to determine the appropriate points of access. 2. Previous exception to vehicular access restrictions has been granted in the pass and in particular per Resolution No. 2002-124 for Parcel Map No. 28525-2 along a portion of Highway 1 1 1 frontage of Lot B of said Map. 3. Approval of the exception to the restricted access dedicated on Tract Map No. 30023-1 will not create conditions that may threaten the public health and safety needs of the community. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of La Quinta, California, as follows: SECTION 1. That the above citations are true and correct and constitute the findings and requirements of the City Council in this case. Resolatfon No. 2008.013 Exception to Restricted Access Dedication Adopted: March 18, 2008 Page 2 SECTION 2. The City Council approves the exception of restricted access dedicated across Lot 145 of Tract Map No. 30023-1 and as shown on Exhibits "A" and "B" hereto, and is an authorized exception to the access restriction shown on Tract Map No. 30023-1 along a portion of the Avenue 62 frontage of Lot 145. SECTION 3. The access authorization shall not be construed as a perpetual access exception to the restriction shown on Lot 145. The access authorization shall be terminated when the land uses on Parcel A being dedicated to CVWD are no longer valid. SECTION 4. The City Clerk shall cause this Resolution to be posted after its adoption. PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta City Council, held on this 18th day of March 2008, by the following vote, to wit: AYES: Council Members Henderson, Kirk, Osborne, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None (L" DON AD LPH, Wayor City of La Quinta, California ATTEST: c VERONICA J.fi(ONTECINO, CMC, City Clerk City of La Quinta, California ' (CITY SEAL) Resolution No, 2008-013 Exception to Restricted Access Dedication Adopted: March 18, 2008 Page 3 APPROVED AS TO FORM: M. KATHERINE JEN,'OIV� City Attorney City of La Quinta, Ca ' rnia This is to certify that the foregoing is a full, true and correct copy of the original document containing_ pages; which Is on file in the Office of the City Clerk of the City of La Quinta, California Veronica ef'6Aontecino, CMC City Clerk EXHIBIT "A" (LEGAL DESCRIPTION) IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA; VACATION OF THE RESTRICTED ACCESS DEDICATED ON AVENUE 62 ACROSS THAT PORTION OF LOT 145 OF TRACT MAP NO. 30023-1, AS SHOWN BY MAP ON FILE IN BOOK 329, AT PAGES 87 THROUGH 102, INCLUSIVE, OF MAPS, RIVERSIDE COUNTY RECORDS, AS ADJUSTED AS PARCEL "B" OF LOT LINE ADJUSTMENT NO. 2007485, APPROVED BY THE CITY OF LA QUINTA AND RECORDED SEPTEMBER 25, 2007, AS INSTRUMENT NO. 2007-0599643, O.R., ALL BEING IN THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 34, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF LOT 150 OF SAID TRACT MAP NO. 30023-1; THENCE ALONG SAID SOUTHERLY LINE OF SAID LOT 145 SOUTH 89047'45" WEST A DISTANCE OF 100.00 FEET TO THE END OF THE VACATION OF THE RESTRICTED ACCESS DEDICATED ON SAID LOT 145; O LAND CHARLES R. C) HARRIS 0 * 0 9 \N� xp.12/31/09 \Q \�OF CA\ -\FOP/ PAGE 1 OF 1 3/3/2008 EXHIBIT °B" MAP TO ACCOMPANY OFFER TO DEDICATION A PORTION OF THE SW 1 /4 OF THE SE 1 /4 34, T. 6 S., R. 7 E., S.B.M. INDICATES RESTRICTED ACCESS DEDICATED PER M.B. 329/87-102 �� $5 1 6 NN Q� EASEMENT OF SECTION 1 1 e��p°tip• - - - - - - - - - - /r----� / I I / I / I LOT 150 I / PORTION OF / LOT 145 1 = 60 / I WESTERLY LINE OF LOT 150 I I S 89.47.45- W I I I ////////// 100.00'PORTION -----------//////_/ TO BE I P.O.B. o VACATED SW CDR 'o Ln--�- LOT 150 AVENUE 82 �S 1i4 COR. SECTION LINE SEC. 34 SE (O7R SEC, 34 No. 4 89 ExP. 12/31/09 MSA CONSULTING, INC PLAmmm ■ Crim Em�am ■ Lwu Soavmm+o OF � 34200 Ros Hoem Dan ■ Rµ= Mum ■ CA =M Tm geom C960) 320-M ■ FAx (760) 323.7893 J.N. 1538 2/29/08 SHEET 1 of 1