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2006 Coral Option 1, LLC - Madison St Median Landscape Maintenance Agmt DOC # 2006-0331924RECORDED REQUESTED BY AND WHEN RECORDED, RETURN TO: City of La Quinta P.O. Box 1504 La Quinta, CA 92247-1504 Attn: City Clerk DOC # 006-0104 05/08/2006 08:00A Fee:NC Page 1 of 12 Recorded in Official Records County of Riverside Larry W. Ward Assessor, County Clerk & Recorder M S U PAGE SIZE DA PCOR I NOCOR SMF ISC.� A R L COPY LONG REFUND NCHG E}:AM EXEMPT RECORDING REQUESTED PER Gov. CODE § 27383 MEDIAN LANDSCAPING MAINTENANCE AGREEMENT CORAL MOUNTAIN DEVELOPMENT THIS MEDIAN LANDSCAPING MAINTENANCE AGREEMENT (the "Agreement") is made and entered into this .' day of , 2006, by and between Coral Option 1 , LLC, a Delaware limited liability company (hereinafter referred to as "Owner"), and the City of La Quinta, California, a California Municipal Corporation (hereinafter referred to as "City"). RECITALS: A. Owner is the owner of Andalusia at Coral Mountain , a certain development in the City of La Quinta (the "Development"), which Development is more particularly described on Exhibit A attached hereto and incorporated herein by this reference. B. In connection with the Development, the owner realigned Madison Street between Avenue 58 and Avenue 60 and voluntarily constructed additional street improvements that upgraded the roadway classification from secondary arterial to primary arterial, as defined in the La Quinta Municipal Code and La Quinta General Plan. With these additional street improvements, an 18-foot wide raised median was installed along the realigned Madison Street between Avenue 58 and Avenue 60. C. The additional street improvement upgrades were approved by the City Council on the condition that the cost to build the landscaped median and the cost to maintain the landscaping in perpetuity is contractually shifted to the Owner or its successor. D. The Owner requested vacation of portions of the existing Madison Street right- of-way to facilitate the construction of the new upgraded roadway to improve the safety and appearance of Madison Street. The City Council at a public hearing on January 7, 2003, approved Street Vacation Case No. RW-V 2002-01 1 vacating these portions subject to conditions in Section 2 set forth more fully in Resolution 2003- 003. Among other conditions, the City Council conditioned that prior to recordation of the Madison Street vacation that the new street full width street improvements shall be constructed and accepted by the City in the areas adjacent to the Owner's land Madison LandscapeAgreementfinal.doc 1 of 7 holdings and the owner enter into a landscape maintenance agreement with the City to require that the Owner pay for the landscape maintenance cost of the 18-foot wide median known as the "Encroachment Area" (depicted on attached Exhibit B in perpetuity. NOW, THEREFORE, it is agreed by and between the parties hereto as follows: 1 . Responsibilities of City• The City agrees to issue an encroachment permit to the Owner or his/her Landscape Maintenance Contractor for the construction of the landscaped median and annual encroachment permits to the Owner or his/her Landscape Maintenance Contractor and as such the Contractor may be approved by the City in advance for the purpose of landscaping, maintaining, repairing and replacing the landscape improvements within the Encroachment Area that constitutes the landscaped median on Madison Street between Avenue 58 and Avenue 60. 2. Responsibilities of Owner. Owner or his assignees hereby agrees to, at its sole cost and expense: (a) design and construct the landscaped median and related improvements, such as planting, irrigation and sprinkler system as per median landscape plans designed by the Owner or his assignees and as approved by the City Engineer (the "Improvements"), (b) maintain the Improvements in good condition and repair, and (c) maintain and nurture the landscaping on the median in healthy condition, all to the satisfaction of the City, which satisfaction shall be in the City's sole discretion. Owner shall be responsible for the abatement and/or removal, in accordance with applicable local, state and federal laws, of any and all toxic, hazardous, dangerous or potentially dangerous wastes, materials and contaminants as defined by either state or federal law ("Hazardous Materials"), whether known or unknown, deposited or spilled in the landscaped median area or on any adjacent real property owned by Owner to the extent the deposit or spill arises out of Owner's use of the Encroachment Area, but Owner shall not be responsible for Hazardous Materials existing within the landscaped median prior to Owner's first entry hereunder provided that the Owner does not cause a "release" as defined in state or federal law. Owner's responsibility for the removal and/or abatement of any Hazardous Materials shall include the payment by Owner of any damages, costs, levies or fines incurred by City under local, state or federal law in connection with a deposit or spill of Hazardous Materials arising out of Owner's use of the Encroachment Area or any adjacent property. The Owner or his/her Landscape Maintenance Contractor shall apply for an encroachment permit to construct the Improvements within the Encroachment Area per approved plans. The Owner or his/her Landscape Maintenance Contractor shall apply for annual encroachment permits for perpetual maintenance of the Improvements within the Encroachment Area. 3. Failure or Termination of Owner's Maintenance Obligation. If Owner fails to construct and maintain the Improvements in accordance with the standards set forth herein, the City may provide the Owner with written notice of such failure describing the deficiencies in reasonable detail (the "Deficiency Notice"). If Madison LandscapeAgreementfinaIAm 2 of 7 such deficiency is not corrected within twenty (20) business days following delivery of the Deficiency Notice to Owner, City shall have the right, but not the obligation, to cure the deficiency; provided, however, that if the deficiency is a type that cannot reasonably be cured within twenty (20) business days, it will be deemed cured if Owner commences to cure the deficiency within such period and proceeds diligently and continuously thereafter to complete the cure of such deficiency. If City elects to cure the deficiency, it shall be performed at City's standard rates and prices. Owner shall reimburse City for its costs including, without limitation, any attorneys' fees and costs, which invoice shall be accompanied by copies of receipts evidencing the actual cost of cure of such deficiency. If this Agreement terminates for any reason, Owner shall execute, acknowledge, and deliver to City within twenty (20) days after City's request thereafter, a quitclaim deed or such other document(s) required by a reputable title company to remove any cloud from City's fee title to the Encroachment Area that might arise from this Agreement. In the event that the City undertakes the work authorized above by termination of this agreement or Deficiency Notice to Owner, the Owner, any surety and any person, firm, partnership, entity, corporation, or association claiming interest in the subject property and each of them shall totally reimburse City the full costs it thereby incurs based upon the following: A. Amount of the Reimbursement. The reimbursement shall be equal to the amount of the actual, direct costs incurred by the City in operating, maintaining and reconstructing the Subject Improvements (subject to the provisions of paragraph 2, above). The amount of the reimbursement shall be evaluated annually and, if necessary, adjusted. B. Payment of the Reimbursement. City shall prepare and mail invoices to Owner on a quarterly or other mutually -agreed basis. Owner shall pay the amount of the invoice on or before the fifteenth day of the month following the month in which the invoice is mailed to Owner. C. Owner's Right to Review Records. Owner shall have the right, upon request, to review any non -privileged cost records on which City bases its invoices to Owner. D. Owner's Non -Payment of Costs. If Owner fails to reimburse City's costs as required herein, City shall have the right to take necessary steps to recoup un-reimbursed costs and shall have the right to terminate this Agreement ninety (90) days after the reimbursements are overdue. 4. Disputes. In the event of any dispute arising under this Agreement, the injured party shall notify the injuring party of its contentions in writing by letter. The injured party shall continue performing its obligations incurred herein so long as the injuring party commences to cure such injuring action within twenty (20) days of delivery of such notice; provided, however, that if the injuring action is a type that cannot reasonably be cured within twenty (20) business days, it will MadisonLandscapeAgreementfinal.doc 3 of 7 be deemed cured if the injuring party commences to cure the injury within such period and proceeds diligently and continuously thereafter to complete the cure of such injury. 5. Attorneys Fees. If either party commences an action against the other arising out of or in connection with this Agreement, including the filing of a lien or other legal action to compel payment of any amounts due, the prevailing party shall be entitled to recover reasonable attorney's fees and costs from the losing party. 6. Indemnification of City. Owner agrees to indemnify, defend and hold City and its officers, employees, agents, representatives, and assigns ("City Indemnitees") harmless from and against any losses, claims, demands, actions, or causes of action ("Claims"), of any nature whatsoever, including costs of suit and reasonable attorney's fees, in connection with Owner's obligations under this Agreement. In the event the City Indemnitees are made a party to any action, lawsuit, or other adversarial proceeding in any way involving such Claims, Owner shall provide a defense to the City Indemnitees, or at the City's option, reimburse the City Indemnitees their costs of defense, including reasonable attorneys' fees, incurred in defense of such claim. In addition Owner shall be obligated to promptly pay any final judgment or portion thereof rendered against the City Indemnitees. 7. Officers and Employees; No officer or employee of Owner or of City shall be personally liable for any default or breach of the terms of this Agreement. 8. Term of Agreement. This Agreement shall remain in full force and effect in perpetuity unless and until one or both parties hereto give notice of termination as required herein. 9. Runs with the Land. This Agreement shall run with the Development and shall bind successors in interest to Owner. The property benefited by this Agreement is the Encroachment Area and the property burdened by this Agreement is the Development. 10. Termination of Agreement. Either party hereto may terminate this Agreement by giving ninety (90) days written notice of intent to terminate. Upon termination, unless otherwise agreed by the parties hereto, City shall resume responsibility for maintenance of the Improvements and the Owner shall bear the full cost thereof, as required in the Conditions and this Agreement. At the time of any termination of this Agreement, the parties shall execute and/or cause to be recorded any documents which may be necessary or appropriate. 1 1. Notice. Any notice, demand, request, consent, approval, or communication either party desires or is required to give to the other party or any person shall be in writing and either served personally or sent by prepaid, first-class mail to the address set forth below. Notice shall be deemed communicated forty-eight (48) hours from the time of mailing if mailed as provided in this Section. Mad ison Land scapeAgreementfinaI-doc 4 of 7 To City: City of La Quinta 78-395 Calle Tampico La Quinta, CA 92253 (760) 777-7075 Attn: Timothy R. Jonasson Public Works Director/ City Engineer To Owner: Coral Option 1, LLC 79-285 Rancho La Quinta Drive La Quinta, CA 92253 (760) 777-7747 Attn: Grady N. Sparks President 12. Assignment of Agreement. The Owner may not assign, sublet, hypothecate, encumber, or transfer (whether voluntarily or involuntarily) its obligations hereunder to any party without the prior written consent of the City, which consent may be withheld in the City's sole and absolute discretion. 13. General Provisions. A. 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. B. Neither party to this Agreement relies upon any warranty or representation not contained in this Agreement. C. This Agreement shall be governed by and interpreted with respect to the laws of the State of California. D. Any failure or delay by either party in asserting any of its rights and remedies as to any default shall not operate as a waiver of any default or of any rights or remedies provided for herein. E. This Agreement may be amended at any time by the mutual consent of the parties by an instrument in writing signed by both parties. F. 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. G. The person executing this Agreement on behalf of the parties hereto Madison LandscapeAgreementfinaLdoc 5 of 7 warrant that they are duly authorized to execute this Agreement on behalf of said parties and that by so executing this Agreement the parties are formally bound to the provisions of this Agreement. H. This Agreement may be executed in counterparts, which when taken together, shall constitute one fully executed document. Madison Land scapeAgreementfinal.doc 6 of 7 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above. Coral Option 1, LLC, a Delaware limited liability company 79-285 Rancho La Quinta Drive La Quinta, CA 92253 (760) 777-7747 Title: f , - '` Date _,� — By: Title: City of La Quinta 78-495 Calle Tampico La Quinta, CA 92253 r. By: Tom Genovese, City Manager Attest: u S. �Grek, City Cler Date Date Approved as to Form: M. Katherine Jenson, City'Atforney ' of +" Gate Mad ison LandscapeAgreementfinal.doc 7 of 7 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of Califq,.Yia r f SS. County of _ �^ r met �r- On I before , Date i j�me and Title f Officer (e g., "Jane Doe, tart' Public") personally pp appeared l ki a � �� `� me(s) of Signer(s) UNDA L. WIItr M _ Commission #F 1535327 0MV1 Notory Public - CaftnW Riverside County Comm. Expil Dec 16, 2008 rsonally known to me proved to me on the basis of satisfactory evidence to be the person(g (whose nam ) is/&Fe-subscribed to the within instrument and acknowledged to me that he/s4@9 er executed the same in his/hoff - authorized capacity(ie< and that by his/f reir- signatureW on the instrument the person(K, or the entity upon behalf of which the person( acted, executed the instrument. WIT my hand an ffici, . ) seal. ,/ (� Place NotarySeal Above � C _ ` r Signature of Notary ublic OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Individual Corporate Officer — Title(s): Partner — Limited General Attorney in Fact Trustee Guardian or Conservator Other: Signer Is Representing: RIGHT THUMBPRINT OF SIGNER Number of Pages: Signer's Name: Individual Corporate Officer — Title(s): Partner — Limited General Attorney in Fact Trustee Guardian or Conservator Other: Signer Is Representing RIGHT THUMBPRINT OF SIGNER (c) 2004 National Notary Association - 9350 De Soto Ave PC) Box 2402 - Chatsworth. CA 91313-2402 ten) No 5907 Reorder. Call Toll -Free 1-800-876-6827 T7 I N SCALE: 1 " = 1000' CD o I V a"K Q ! w e ny O I I i I Q C O �'-- - - - - -- - CD cn D I .. I I I o I I o II u I I i o II I I O I I � I I I I I z 00 II z �r- `�' morn �00 SONI n'lgp � I REou aN m U' c D - om >11 < 60D m11 I I Z ., -49 I I CZm cn mI I c OII G�--------------- I I I I ! I I I I I = I I m ! I FT I I i I I I I I 0 I I i m cn S I' EXHIBIT „�„ SHEET 1 OF 2 SHEETS MADISON STREET MEDIAN "ENCROACHMENT AREA" IN SECTIONS 27 & 28, T.6.S., R.7.E., S.B.M. -- ___ AVENUE 58 I I I I I VICINITY MAP NTS SEC 27 & 28. T6S. R7E. S8M --------------T I I W Ii I I r♦ i O w J Q U N INDICATES AREA OF ENCROACHMENT AREA = 0.860 ACRES SCALE: 1 " = 600' 0 300' 600' 1200' 1800' 2400' - -- - - - - - - - - - - - ------- AVENUE 60 EXHIBIT 'e B.v MADISON STREET MEDIAN "ENCROACHMENT AREA" IN SECTIONS 27 28, T.6.S., R. E., S E.M AVENUE 58 INDICATES AREA OF ENCROACHMENT AREA = 0.860 ACRES SCALE: 1 " = 300' 0 150' 300' 600' 900' 1200' 0 w J Q U cn F::� 0 0 w J Q U r:�