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Deferred Improvement Agreement - S & P Properties - No. 2008-01 RECORDING REQUESTED BY: DOCUMENT: 19840452 II II III "" I "" "" IIII City of Gilroy - f:),: Pages: 8 Fees. * No Fees Taxes. Copies. AMT PAID WHEN RECORDED, MAIL TO: Shawna Freels City of Gilroy 7351 Rosanna Street Gilroy, CA 95020 REGINA ALCOMENDRAS SANTA CLARA COUNTY RECORDER Recorded at the request of City RDE 1=1 001 5/05/2008 8:51 AM (SP ACE ABOVE THIS LINE FOR RECORDER'S USE) Deferred Improvement Agreement No. 2008-01 7711 Monterey Street APN #: 799-03-055; by and between The City of Gilroy, California and S & P Properties, LLC DEFERRED IMPROVEMENT AGREEMENT AGREEMENT BY OWNER OR HIS SUCCESSORS IN INTEREST TO CONSTRUCT LAND DEVELOPMENT IMPROVEMENTS No. 2008-1 Project Identification: 7711 Monterey Street., Gilroy, CA A.P.N.799-03-055 This is an agreement ("Agreement") between the City of Gilroy, hereinafter referred to as "City", and S&P Properties, LLC, hereinafter referred to as "Owner". WHEREAS, Owner of the real property described in Exhibit A ("Property") wishes to defer construction of the overhead utilities, and City agrees to such deferment provided Owner (or Successor in interest) agrees to construct improvements as herein provided. NOW, THEREFORE, IT IS AGREED: I. AGREEMENT BINDING ON SUCCESSORS IN INTEREST This agreement, together with the attached stipulations, is an instrument affecting the title or possession of the Property. All the terms, covenants and conditions herein imposed shall be binding upon and inure to the benefit of the successors in interest of Owner. Upon the sale or division of the Property the terms of this Agreement shall apply separately to each subdivided parcel and the owner of each parcel shall succeed to the obligations imposed on Owner by this Agreement. II. UTILITIES IMPROVEMENTS A. Owner agrees to underground existing overhead/above-ground utilities that are along the frontage of said Property. B. Owner agrees to remove the two short poles on Third Street and underground the electrical service for the traffic signals at the Monterey Street/Third Street intersection as part of the current project. Such undergrounding shall be completed prior to final acceptance of the project. C. Improvement undergrounding of the remaining electrical power lines as well as telephone and cable TV lines shall be deferred until the earlier of (i) implementation of a City Council approved program for undergrounding downtown utilities (including Owner's utilities), or (ii) January 1, 2028. D. The cost of said undergrounding from the nearest poles off-site of the Property to the Property itself shall be borne by the Owner at the City's cost at the time of the work. 2 E. If City implements a program for undergrounding utilities, City shall notify Owner of the implementation of such program and of owner's obligations with respect thereto. If City does not implement such a program by January 1,2028, City shall send Owner a notice of its responsibility to commence prompt undergrounding of its primary power lines. Any such notice shall be mailed to the current owner or owners of the land as shown on the latest adopted county assessment roll. The notice shall describe the work to be done by Owners, the time within which the work shall commence and the time within which the work shall be completed. Owner shall comply with City timelines in such notice. F. If the Property has been subdivided, each owner shall participate on a pro rata basis in the cost of the improvements to be installed. If owner is obligated to pay a pro rata share of a cost of a facility provided by others, the notice shall include the amount to be paid and the time when payment must be made. G. Failure of City to mail a notice as described in Section II.E shall in no way excuse Owner from its responsibility to underground its utilities in a timely manner. III. PERFORMANCE OF THE WORK Owner agrees to obtain the required permits, perform the work and make the payments required by City as set forth herein or as modified by the City Council. Owner shall cause plans and specifications for the improvements to be prepared by competent persons legally qualified to do the work and to submit said improvement plans and specifications for approval prior to commencement of the work described in the notice and to pay city inspection fees. The work shall be done in accordance with city standards in effect at the time improvement plans are submitted for approval. Owner agrees to commence and complete the work within the time specified in the notice given by the City Engineer and to notify the City at least 48 hours prior to start of work. In the event Owner fails to construct any improvements required under this agreement, City may, at its option, do the work and collect all costs from Owner. Permission to enter onto the property of Owner is granted to City or its contractor as may be necessary to construct such improvements. IV. JOINT COOPERATIVE PLAN Owner agrees to cooperate upon notice by City with other property owners, the City and other public agencies to provide the Improvements set forth herein under a joint cooperative plan including the formation of a local improvement district, if this method is feasible to secure the installation and construction of the improvements. V. REVIEW OF REQUIREMENTS If Owner disagrees with the requirements set forth in any notice to commence installation of improvements he shall, within thirty (30) days of the date the notice was mailed, request a review of the requirements by the City Council. The decision of the Council shall be binding upon both City and Owner. 3 VI. MAINTENANCE OF IMPROVEMENTS City agrees to accept for maintenance those improvements specified in Section II which are constructed and completed in accordance with City standards and requirements and are installed within rights of way or easements dedicated and accepted by resolution of the City Council. Owner agrees to provide any necessary temporary drainage facilities, access roads or other required improvements, to assume responsibility for the proper functioning thereof, to submit plans to the appropriate City agency for review, if required, and to maintain said improvements and facilities in a manner which will preclude any hazard to life or health or damage to adjoining property. VII. BONDS Prior to approval of improvement plans by the City, City may require Owner to execute and deliver to the City a faithful performance bond and a labor and materials bond in an amount and form acceptable to City to be released by the City Council in whole or in part upon completion of the work required and payment of all persons furnishing labor and materials in the performance of the work. VIII. INSURANCE Owner shall maintain, or shall require any contractor engaged to perform the work to maintain, at all times during the performance of the work called for herein, a separate policy of insurance in a form and amount acceptable to City. IX. INDEMNITY The Owner shall assume the defense and indemnify and save harmless the City, its officers, agents and employees, from every expense, liability or payment by reason of injury "including death" to persons or damage to property (including environmental contamination to real property) suffered through any act or omission, including passive negligence or act of negligence, or both, of the Owner, his employees, agents, contractors, sub-contractors, or any one directly or indirectly employed by either of them, or arising in any way from the work called for by this agreement, on any part of the premises, including those matters arising out of the deferment of permanent drainage facilities or the adequacy, safety, use or non-use of temporary drainage facilities, the performance or non-performance of the work. This provision shall not be deemed to require the Owner to Indemnify the City against the liability for damage arising from the sole negligence or willful misconduct of the City of its agents, servants or independent contractors who are directly responsible to the City. 4 IN WITNESS WHEREOF, City has executed this agreement as of ~~ ATTEST: CITY OF GILROY /1 \ Shaw a Freels CRY CLERK APPROVED AS TO FORM: ft ..~ \ . /I i t:/ ,77 .~ L { ~/e-6-v--. Linda Callon CITY ATTORNEY IN WITNESS WHEREOF Owner has execnted this agreement as of "f 0/ 8 f OWNER S & P PROPERTIES, LLC By: ~~~ Name: I1d..z-/7 ~(>l--' Title: j11ap1~ NOTE: If Developer is a corporation, the complete legal name and corporate seal of the corporation and the corporate titles of the persons signing for the corporation shall appear above. -5- CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT ~~~~~~~~~.<:%"~~.<:%"~~~~~~~~~R%:'~~~.<:%"~~~ State of California } 51:\("\-\--[,\ C \U{Ul On ~ before me, Date County of personally appeared J~'{\\-\\\e\ 6\Aevc\",(A~ot-0\("\.1 ?\ADll<:- Here Insert Name a~d Title of the Officer m \d.4e ll". YCA<5a<\S c Name(s) of Signer(s) ------ (..... JENNIFER GUEVARA e commllllon # 1763703 c ~ Notary Public. California I I Santa Clara County ~ J~ ~ _ - - -,,~.~~~~~ , who proved to me on the basis of satisfactory evidence to be the person(~ whose nameEs7 is/a.casubscribed to the within instrument and acknowledged to me that he/sReltt1eV executed the same in his/~eir authorized capacityfiest; and that by his/~r signaturetsf-on the instrument the perso~ or the entity upon behalf of which the person~acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS Place Notary Seal Above Signature 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. Capacity(ies) Claimed by Signer(s) . Top of thumb here Signer's Name: D Individual D Corporate Officer - Title(s): LJ Partner - D Limited D General D Attorney in Fact D Trustee D Guardian or Conservator D Other: Signer's Name: D Individual D Corporate Officer - Title(s): D Partner - D Limited D General D Attorney in Fact D Trustee D Guardian or Conservator D Other: RIGHT THUMBPRINT OF SIGNER Top of thumb here Signer Is Representing: Signer Is Representing: ~~~~~~~~~~~~~ @2007 National Notary Association' 9350 De Soto Ave., PO. Box 2402 . Chatsworth, CA 91313-2402' www.NationaINotary.org Item #5907 Reorder: Call Toll-Free 1-800-876-6827 ACKNOWLEDGMENT STATE OF CALIFORNIA ) )ss. COUNTY OF SANTA CLARA ) TITLE OF DOCUMENT: Deferred Improvement Agreement No. 2008-1 S & P Properties, LLC 7711 Monterey Street APN: 799-03-055 On April 29, 2008, before me, Susan R. Johnson, Notary Public, personally appeared Anna Jatczak, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. ~r\~ 11 ~ (...11../1 '-"'" 1",<-, ~. . '- , Signature of Nota ublic SUSAN R. JOHNSON a'. Commission # 1543104 i ,M6 . Notary Public - California ~ Santa Clara County My Comm. Expires Jon 9, 2009 (Notary Seal) B ~ ~rj\ \i;r~ 8 I ~_ /I " z .. 0 .. " u ,. Z ::i 0 '"' " It: " -' <.> " z " 8 III It: o III III '" III III " ,. z ::i o <.> c ... u .. \0- o @i Q)<Il . - 0.0):/ A3W3J.NOW ~.4.J I..Ji. Lr"", .:,~. on, os 0'"06 .'<1 , It if ~ w w a:: ~ II) llt :i m :5 a: L.: 1 \ \ ~~. 'Ill .-e: 'lll" I :ll ia ~ 1 I ~ Q; !Ii -~ ail&.l lID "I W ~ ::g2 ~ I ~w.. U) K. iii ~, t t LI- ,.-19l:'1II d i! AHW3B3'~13 r 'j, S .. ... .t,.~ I$oi.. U4,J. l>> IiJl~.l z ... <t J: z o ~ ;:. a: <t "" o :>:: u Z <t II:: III <t :I a: <t 6, . W -,/:9l'l1<1 )!! i! -J. S OS" .. Ill" 0' I I ~l- :1 , tl L. I 1111 III "" "I --1' I- I 1- 'Ill .. I 0 I I Z 1 . 0 U l&I II) I - ~I ~ -+~ .. ou, u U ... ~ Olj ~I III <( ..J VICINITY SITE MAP 7711 Monterey Street APN: 799-03-055 S & P Properties, LLC o Exhibit A ~f~ U'*I . -,!i I :. .t ,. j,h ~IU