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Oaktree Corners AssociatesPROPERTY DEVELOP�IF.NT AGREEMENT AGREEMENT FOR EXTENSIONS OF WATER DISTRIBUTION SYSTE;iS: IMPROVEt4ENT OF STREETS: INSTALLATION OF SEWERS, STORI-1 DRAINS AND OTHER PUBLIC WORKS FACILITIES No. 83 -25 This agreement made and entered into this 19th day of September 19 83 , by and between the City of Gilroy, a municipal corporation, herein called the OAKTREE CORNERS ASSOCIATES "City" and THOMAS A. KING and DEAN C. CROFT , a real property owner develper or subdivider, herein called the "Developer ". WHEREAS, a final map of subdivision, record of survey or building permit (Site Clearance) application has now been submitted to the City for approval and acceptance, covering certain real estate known as and called: Oak Tree Corner, Tract No. 7430 and, WHEREAS, the Developer requires certain utilities and public works facilities in order to service the property under the minimum standards established by the City and, WHEREAS, the City, by and through its City Coui.cil, has enacted certain Codes, Ordinances and Resolutions and certain Rules and Regulations have been promulgated concerning the subject matter of this agreement and WHEREAS, the City, by and through its City Council, has enacted certain Codes, Ordinances and Resolutions and certain Rules and Regulations have been promulgated concerning the subject matter of this agreement and, WHEREAS, the City has certain responsibilities for maintenance and operation of such utilities and public service facilities after acceptance by City, and for providing the necessary connecting system, general plant and appurtenances, and the City is agreeing to discharge those responsibilities. NOW THEREFORE, in consideration of the premises and in order to carry on the intent and purpose of said Codes, Ordinances, Resolutions and Regulations, it is agreed by-and between the parties as follows: ccr•mrnu t That all Codes, Ordinances, Resolutions, Rules and Regulations and established policies of the City and the laws of the State of California concerning the subject matter of this agreement are hereby referred to and incorporated herein to the same effect as if they were set out at length herein. Said Codes, Ordinances and Regulations include, but are not limited to, the following: the Code of the City of Gilroy (including but not limited to Chapters 12A, 19, 20, 21 Res. 80 -58 and 76 -47, thereof pertaining to local improvement procedures in subdivision or development respectfully): Ordinance-No. 711 (Zoning Or ): Resolution 81 -17 (1979 Uniform Buildir._r Code): Rules and Regulations. Incl ded in the above are all of the above referred to Codes, Ordinances, Resolutions, Regulations and Substitutions thereof, as amended to the time of execution of this agreement. `SECTION 2 s� The Developer agrees: a. To perform each and every provision required by the City to be performed by the Developer in each and every one of said Codes, Ordinances and other Regulations. b. To grant to the City without charge, free and clear of encumbrances, any and all stipulated easements and rights of way in and to his said real property necessary for the City in order that its water, electricty, and /or sewer lines in or to said real property may be extended. c. To indemnify and hold the City harmless and free from all damage and liability done to any utility, public facility or other material or installation of the City on said real estate which the Developer or any contractor or subcontractor of the Developer, or any employee thereof, shall do in grading or working upon said real estate. d. To construct and improve all public works facilities and other improvements as set out herein, according to the standards heretofore established, and according to the grades, plans and specifications thereof, all as approved by the City Engineer, and shall furnish two (2) good and sufficient bonds. One shall be executed in the face amount of no less than $ 100,756.00 , and the other. shall be executed in an amount no less than 50% of the above mentioned bond and shall secure payment to the contractor, his subcontractors and to persons renting equipment or furnishing labor or materials to them for the improvement hereunder, and as provided for in Section 4200 -4210 of the Government Code of the State of California, the Codes, Ordinances, Resolutions, and Regulations of the City, and this agreement. The faithful performance bond hereinabove provided for, shall by the terms remain in full force and effect_ for a period of one (1) year after the completion and acceptance of said wo- k, to guarantee the repair and replacement of defective material and faulty workmanship. In lieu of said faithful perfurmance bond for maintenance, the Developer may furnish a maintenance bond in the amount of 10% of the total contract price (with a minimum amount of one thousand dollars $1,000.00) to cover the one year (1) maintenance period. e. That upon approval of the final map of the subdivision, the record of survey or the building permit covering the real estate to be improved and before any work is done therein, the Developer shall pay to the City all sums, except cost to be borne by the City, shown in Section 7 thereof to be due under the terms and provisions of this agreement. SRrTTnN I That all sums shown herein to be payable by the Developer to the City are due and payable to the City upon the execution of this agreement. SECTION 4 That all the provisions of this agreement and all work to be done pursuant to the terms of this agreement are to be completed within one year from and after the date and year first above written. SRrTTnN s What the special provisions concerning the particular real estate referred to above, being attached hereto, are hereby incorporated herein and expressly made a part of this agreement. —2— SECTION 6 The faithful and prompt performance by the Developer of each and every term and condition contained herein is made an express condition precedent to the duty of the City to perform any act in connection with this transaction, and the failure, neglect or refusal of the Developer to so perform, or to pay any monies due hereunder when due shall release the City from any and all obligations 4 hereunder and the City, at its election, may enforce the performance of any provision herein, or any right accruing to the City or may pursue any remedy whatsoever it may have under the laws of the State of California or the Codes, Ordinances, Resolutions of the City, in the event of any such default by Developer. SECTION 7 That the following are the estimated amounts of costs to be borne by the respective parties hereto, and it is further understood and agreed that said amounts are estimated only and are subject to final determination upon completion of the work. FACILITY Engineering Map Checks a) Subdivisons $ 208.00 + $ 3.00 (n) Parcel Maps $ + $ (n) n= Number of lots n = 32 lots b) Engineering Plan Check and inspection 5% x $ 67,273.00 = $3,364.00 21A x 33,483.00 = 837.00 See Stipulation #9 c) Miscellaneous Engineer Service No. of hours x $ 31.00 4 hours d) Public Works Microfilming 5 Sheet Maps and Plans i 10 sheets -3- DEVELOPMENT COST $ 304._00 $ 4,201.00 $ 124.00 c 50.00 e.. Fire Hydrant Location Fee $ 33.00 $33.00 for first five hydrants + 3.00 for each additional 2 hydrants f) Area Water Charge 2.48 Acres @ $ 1,918.00 /Acre 4 $ 4,757.00 g) Construction Water $ 592.81 LF @ $0.40 /LF + 2.48 Acres @ $14.89 /Acre 274.00 h) Off -Site Storm Drainage $ 2,639.00 2.48 Acres @$1,064.00 /Acre Plus a per unit charge for the Interim Drainage Channel (to be Acres @ /Acre paid at a later date) See Stipulation #13. Area "B" i) Front.Foot Water Fee $ 3,735.00 298.55 LF @ $12.51 LF J) Front Foot Sewer Fee $ By Developer LF @ LF k) Front Foot Storm Drain Fee $ By Developer LF @ LF 1) Street Paving $ By Developer SF @ /SF M) Curb and Gutter $ By Developer LF @ /LF -4- n) Galvanized Pole Electroliers LF @ $ /LF o) Electrolier Conduit LF @ $ /LF p) Fire Hydrants LF @ $ /LF q) Utility Pole_ Mounted Electrolier LF @ $ /LF r) Easements and Rights of Way "On Site" s) Easements and Rights of Wa "Off Site" t) Other Share of Electrical Crossing �j x $48,000.00 See Stipulation #12 of $ By Developer $ By Developer $ By Developer $ n/a $ 100% $ 100% $ 12,000.00 DUE CITY BY DEVELOPER $ 28,117.00 DUE DEVELOPER BY CITY $ -0- NET DUE CITY $ 28,117.00 IN WITNESS WHEREOF, said parties have caused these presents to be executed the date and year first above written. ATT FORM APPROVED CITY OF GILROY MEM10AM P-M-10 ✓_/ DEVELOPER `/` BY BY -- DATE September 14, 1983 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. -6- STIPULATIONS THOMAS A. KING and DEAN C. CROFT AGREEMENT OAK TREE CORNER, TRACT NO. 7430 1. Locate and properly dispose of any wells, septic tanks and underground fuel facilities. NOTE: The capping of any well will require inspection by the Santa Clara Valley Water District. 2. Schedule the construction of improvements along existing public roads so that the work affecting vehicular traffic is completed with a minimum interruption to traffic. 3. All work within the public right -of -way shall be subject to the approval of the City Engineer, Cal Trans and Santa Clara County Transportation Department. 4. Install curb, gutter and sidewalk to County standards along the property frontage on Santa Teresa Boulevard and install curb and gutter to Cal Trans standards along the Hecker Pass frontage. 5. All fees shall be paid at the rates in effect at that time. 6. Before construction weather access must and at least one in feet of each portioi place. Location of Chief. utilizing combustible mat, be provided to within 150 service fire hydrant must 1 of the site wherein this the fire hydrants will be arials may proceed, an all feet of the building site; be available within 500 construction is to take determined by the Fire 7. This agreement shall run with the land and be binding upon any successors in interest. 8. The assignment of the agreement by the developer to another party shall require prior approval of the City Council. 9. The developer shall pay the full 5% for plan check and inspection for all water, sanitary and storm mains in the City right -of -way; and only 21% for plan check for all the remaining off -site inprovements since these improvements will be inspected by the County and the State. 10. The developer shall obtain a State Encroachment Permit prior to the start of work along Hecker Pass Highway. 11. The developer shall obtain a County Encroachment Permit prior to the start of any work along Santa Teresa Boulevard. 12. As per City of Gilroy Council Resolution 483 -6, the developer shall pay for one - quarter of the estimated cost of the diagonal power line to be installed under the intersection of Hecker Pass and Santa Teresa. 13. The developer agrees to pay for 10.56 units toward the Interim Drainage Channel, when the per unit fee is established. _ Accepted by: Title: 714 44e, Date: V2= 3/�3