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Starlite Homes, Inc.PROPERTY DEVELOPMENT AGREEMENT AGREEMENT FOR EXTENSIONS OF WATER DISTRIBUTION SYSTEMS: IMPROVEMENT OF STREETS; INSTALLATION OF SEWERS, STORM DRAINS AA D OTHER PUBLIC VORKS FACILITIES This agreement made and entered into this �' day of , 19 by and between the City of Gilroy, a municipal corporation, herein called the '`City" and Starlite Homes Inc. developer or subdivider, herein called the "Developer1°. WITNESSETH: , a real property owner, 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: Montebello Apartments and, k1HEREAS, the Developer requires certain utilities and public works facili- ties in order to service the property under the minimum standards established by the City and, WHEREAS, the City, by and through its City Council, has enacted certain Codes, Ordinances and Resolutions and certain Rules and Regulations have been I, 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 consiueration 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: SECTION I That all Codes, Ordinances, Resolutions, Rules and Regulations and established policies of the City and the laws of the State of California concern- ing 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 and Res. 1474, thereof pertaining to local improvement procedures in subdivision or development respectively); Ordinance No. 602 (Subdivision Procedure, etc.)Ordi- nance No. 711 (Zoning Ord.); Ordinance No. 665 0967 Uniform Building Code); Rules and Regulations. Included in the above are all of the above referred to Codes, Ordinances, Resolutions, Regulations and Substitutions therefor, as amended to the time of execution of this agreement. SECS 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, electricity 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 improve- ments as set out herein, according to the standards heretofore estab- lished, 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, each of which shall be executed in the face amount of no less than $ 35,000.00 , and one of which bonds shall guarantee that faithful performance of this agreement and the other said bond 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 11612 of the Business and Professions Code of the State of California, the Codes, Ordinances, Resolutions and Regulations of the City, and this agreement. 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 costs to be borne by the City, shown in Section 7 there- of to be due under the terms and provisions of this agreement. SECTION 3 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. SECTION 5 That 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. 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 here- -2- under when due shall release the City from any and all obligations 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 or Regulations 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. I . PACE ILITY DEVELOPMENT COSTS CITY'S COSTS a. Easements & Rights -of -way "On Site ", $ 100% $ None Ag''`1� b. Easements & Rights -of -way "Off Site ", $ 100% None c. Street Paving $ 100% $ None -- -cc+ip d. Street Curbing; see City Code Sec.26 -12, Table 11 $ 100% $ None e. Sidewalks; see City Code, Sec. 26 -12, Table 11 $ 100% $ None f. Street Name Signs; see City Code, Sec. 26 -12, Table 11- $ 100% $ None -3- g. Street Tree Planting Parkway improvements; City Code, $ 100% h. Street Lighting; $ 100% electroliers become City property i. Water "On Site" $ 100% $ None $ None j. 'later "Off Site" $ 1,668.96 $due 4.636_ Ac x 60.00 /Ac. k. Sanitary Sewer "On Site" $ 100% $ None 1. Sanitary Sewer, "Off Site" $ x_520.00 $ None 62 units @ 80.00 /unit m. Storm Drains "'On Site'' n. Storm Drains, ''Off Site`' 4.636 Ac P 675.QQZAc _ mac`,,,., o. Engineering, Inspection & Plan Check 3.5% x $ 35,000 $ 100 $ None $ 1,225.00 -4- fel_ DUE CITY BY DEVELOPER DUE DEVELOPER BY CITY * $ 11,543.26 * Does not include building permit fees or water meters. IN WITNESS WHEREOF, said parties have caused these presents to be executed the date and year first above written. ATTEST: u / City Clerk FORM APPROVED: BY 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- CUGINI PROPERTIES 7671 Monterey St. Gilroy, CA 95020 December 189 1972 City of Gilroy 7390 Rosanna St. Gilroy, CA 95020 STIPULATIONS: 1. Cugini Properties shall dedicate Montebello Drive to the full 60 foot right- of-way from its existing terminus to the Easterly property line of the Montebello Apartment Development. 2. Cugini Properties shall provide the City with the right of i:igress and egress along an emerging access roan which connects to the Montebello Apartment Development. 3. Cugini Properties shall provide an emergency access road for fire service from Montebello Apartment Development at the rear of the Cemeteries to the Southerly terminus of Wren Ave. 4. If a.zy further R -3 developments not covered by these stipulations is commenced, the developer agrees to construct a 24 foot wide roadway to connect the :easterly end of Montebello Drives with Wrea Ave. and shall dedicate the necessary right-of-way. 5. Cugini - roperties shall maintain all drainage ditches connecting to the end of Montebello Drive. 6. See Below CUGINI PROPERTIES Michael J. Fillce Jr. Cugini Properties hereby guarantee construction of the southerly one half of Montebello Drive along the Monte Bello Apartment frontage. Said construction to be concurrent with the Montebello Apartment street construction. �� FISCHER-JENSEN, Insurance P.O. BOX 5700 - SAN JOSE, CALIF. 95150 • PHONE (408) 264.6700 DIVISION OF Alexander & Alexander, Inc. • CERTIFICATE OF INSURANCE F CITY OF GILROY City Hall 7390 Rosanna Gilroy, Ca 95020 This is to certify that the companies or underwriters indicated have issued insurance coverages to STARLITE HOMES AND /OR MONTEBELLO APARTMENTS 2355 DeLaCruz Blvd. Santa Clara, Ca 95050 �.._ and that these policies are subject to all of their individual terms and conditions. This Certificate of Insurance neither affirmative- ly nor negatively amends, extends or alters the coverage afforded by these policies. CONTRACT: Montebello Apartments Type of Policy COMPREHENSIVE LIABILITY INCLUDING AUTOMOBILE, covering Manufacturers' or Contractors' ) Protective - Independent Contractors' ) Contractual - Blanket - All Written ) Premises ) Products and Completed Operations ) Automobile Bodily Injury ) AUTOMOBILE PROPERTY DAMAGE Company INDUSTRIAL INDEMNITY COMPANY Policy No. LG 662 -0038 *Expiring January 1, 1973 Limits $ 100.%000. Ea. Person $ 300,000. Ea. Occurrence $ 300,000. Agg. Products $ 100,000. Ea. Occurrence PROPERTY DAMAGE BROAD FORM ) $ 100, 000. Ea. Occurrence Including MBC, etc, as above with ) $ 100,000- Aggregate Deductible ) UMBRELLA LIABILITY EXCESS LIMITS ALL PERSONAL INJURY AND PROPERTY DAMAGE COVERAGES CNA CASUALTY OF CALIFORNIA $1,000,000. Ea. Occurrence Policy No. RDU 8887501 $1,000,000. Aggregate Expiring January 1, 1974 WORKMEN'S COMPENSATION INDUSTRIAL INDEMNITY COMPANY Policy No. CB 685 -2146 *Expiring January 1, 1973 It is the intention of these companies that in the event of cancellation of the policy or policies by the companies, ten (10) days written notice of such cancellation will be given to you at the address stated above. *Renewal Certificate will be forthcoming. Dated: December 13, 1972 r,,, u,.,..,1 Nen ca Insured 12/13/72 bs rW_r1CR- JENSEN, Insurance B Y W. L. JENSEN, Authorized Representative O: The premium for this bond is $ 350.00 PERFORMANCE BOND payable in advance and subject to adjustment at current manual rates. Bond No. 143612 HOME OFFICE - MENLO PARK, CALIFORNIA KNOW ALL MEN BY THESE PRESENTS: That we, STARLITE HOMES, INC,, a California Corporation of Santa Clara, California as Principal, and ARGONAUT INSURANCE COMPANY, a corporation organized under the laws of the State of California and duly authorized under the laws of the State of California to become sole surety on bonds and undertakings, as Surety, are held and firmly bound unto CITY OF GILROY, CALIFORNIA as Obligee in the full and just sum of THIRTY FIVE THOUSAND AND NO /100THS - - - Dollars, ($ 35,000.00 ), lawful money of the United States of America, to be paid to the said Obligee, successors or assigns; for which payment, well and truly to be made, we bind ourselves, our heirs, executors, successors, administrators and assigns, jointly and severally, firmly by these presents. The Condition of the foregoing obligation is such that; whereas the above bounden Principal has entered into a contract, dated December 14 , 19 72 , with the Obligee to do and perform the following work, to -wit: For extensions of water distribution systems: improvement of streets; installation of sewers, storm drains and other public works facilities covering certain real estate known as and called Montebello Apartments. as is more specifically set forth in said contract, to which contract reference is hereby made; Now therefore, if the said Principal shall well and truly do the said work, and fulfill each and every of the cov- annnte ennditions and reauirements of the said contract in accordance with the plans and specifications, then STATE OF CALIFORNIA ce and virtue. County of Santa. Clara SS. December 14, 1972 , , ,C�x4� %PMQI .... . on. .....................before me, or for the use of any person other than the Obligee Notary Public, State of California, duly commissioned and sworn, personally appeared ....40A )?e . LAW .....known to me to be the Attorney -in -Fact of the Corporate Surety that executed the within day of December 19 72 instrument, and known to me to be the person who executed the said instrument on behalf of the Corporation herein named and acknowl- edged to me that such Corporation executed the same. STARLITE HOMES, INC, IN WITNESS WHEREOF, I have hereunto set my hand and affixed Principal my official seal in the County of . santA .Clara the day and year in this certificate firs�bove written. BY • . - . . . - . . VIUIIHIIIUNIIUINI H1111�111 IIIIIUIIRIf NII IIM NNIII ARGONAUT INSURANCE COMPANY . . . . . . . . . . . - OL GA POL s NOTARY PUKIC - e 3 Santa Clara County, California My commission expires Mar. 8, 1976 = By iTi1WU11t I11111111111Ult IUIIIIIUIIIIIUIIIUUIUUIIIIIIIUIWIUIIIIIttNU t116: O Ce Attornerin -Fact FID- 1016 -R3 STATE OF CALIFORNIA ) Santa Clara ss. - •---- °--- - - - - -- County of--•--------------°-•--_..•---- ---- °•-----•----- --- -- - - - - -•. On this ......14th day December seventy two y f --- before me, ------------ inda-- K -, - -- Anderson- ---------------------- - - - - -- allotary Public in and for the.___...._§dA..._......____. County of ....................... _........ Santa --- cla A_________________________- State of California, duly commissioned and sworn, personally appeared - - - -- -- - - - - -- - - - -- J'- R. - -- McInerney -• -- ------------------------------------------------ - - - - -- - known to me to be the -------- of the corporation described in and that executed the within instrument, and also known ���� rq OFFICIAL SEAL Lfi%'DA K. 6.'Ai'.IDERSON " gy NOTARY t E s CALIFORNIA F I t� :!. t I�'F. IN THE eOUNr9 ar se'NU. CLARA My Commission Expires April 11, 1975 to me to be the person -------- who executed the within instrument on behalf of the corpor- ation therein named, and acknowledged to me that such corporation executed the same •-------------- - - - - -- ----------------------------------------------- document----------------------------------------------------------- - - - - -- IN WITNESS WHEREOF I have hereunto set my hand and affixed my official seal in the said Count o Santa_. C1az`. ............ ... .. .... . .. . ... Y f ---- ------ the day and year in this lertificate first above written. r 1 Notary Public in an for the __ said_______. County of ._ -. Sant,L__ Clara ............................. State of California. CORPORATION ACKNOWLEDGMENT My Commission Expires .... App 12_11,..1925 .............. LABOR AND MATERIAL BOND PUBLIC WORK— CALIFORNIA Bond No 143162 The premium for this bond is included in the premium for the bond guaranteeing perform- ance of the contract covered thereunder. V �i��l rl�� ♦! Ir l - HOME OFFICE - MENLO PARK, CALIFORNIA KNOW ALL MEN BY THESE PRESENTS: That we, STARLITE HOMES, INC. , a California Corporation as Principal, and Argonaut Insurance Company, incorporated under the laws of the State of California and authorized to execute bonds and undertakings as sole surety, as Surety, are held and firmly bound unto any and all persons named in California Civil Code Section 3181 whose claim has not been paid by the contractor, company or corporation, in the aggregate total of THIRTY FIVE THOUSAND AND NO /10OTHS - - - Dollars, ($ 35,000.00 ) for the payment whereof, well and truly to be made, said Principal and Surety bind themselves, their heirs, administrators, successors and assigns, jointly and severally, firmly by these presents. The Condition of the foregoing obligation is such that; whereas the above bounden Principal has entered into a contract, dated December 14 , 19 72 , with the CITY OF GILROY, CALIFORNIA to do the following work, to -wit: For extensions of water distribution systems; improvement of streets; installation of sewers, storm drains and other public works facilities covering certain real estate known as and called Montebello Apartments. Now, Therefore, if the above bounden Principal, contractor, person, company or corporation, or his or its sub - contractor, fails to pay any claimant named in Section 3181 of the Civil Code of the State of California, or amounts due under the Unemployment Insurance Code, with respect to work or labor performed by any such claimant, that, the Surety on this bond will pay the same, in an amount not exceeding the aggregate sum specified in this bond, and also, in case suit is brought upon this bond, a reasonable attorney's fee, which shall be awarded by the court to the prevailing party in said suit, said attorney's fee to be taxed as costs in said suit. This bond shall inure to the benefit of any person named in Section 3181 of the Civil Code of the State of California so as to give a right of action to them or their assignees in any suit brought upon this bond. This bond is executed and filed to comply with the provisions of the act of Legislature of the State of California as designated in Civil Code, Sections 3247 -3252 inclusive, and all amendments thereto. Signed and Sealed this 14th day of December , 1972 STATE OF CALIFORNIA County of Santa. Clara SS' JTE HONES, INC. Principal On. December,140.. 1972 before me, ..... Notary Public, State of California, duly commissioned and sworn, _, personally appeared ....%TQbR Rt . L49Q ..... known to me to be the Attorney -in -Fact of the Corporate Surety that executed the within instrument, and known to me to be the person who executed the said ARGONAUT INSURANCE COMPANY instrument on behalf of the Corporation herein named and acknowl- surety edged to me that such Corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal in the County of . Splt .Ci ug. the day and year in this certificate firs _ ttorney -in -fact o n . uce NOTARY PUKIC 9 Santa Clara County, California LE FID -1017 R -2 (1 -72) My commission expires Mar. 8, 1976m STATE OF CALIFORNIA .... ......... . .. .County of - -.. - -- Santa Clara ss. ... -- • -• -- -- On this -- -14th day Deber - in the year one thousand nine hundred and . -- seventy - -tw0 Y f • • -- ------------------ before me, -- ..Linda K.- Anderson allotary Public in and for the ....__...- .s?id------------- County of ------ ----------- - - - - -- Santa_ -Clara --- _------------- -. - - -, State of California, duly commissioned and sworn, personally appeared ---•------------ ------------ - - - - -- McInerney ------------------------------------------------------------------------ - - - - -- --------------- - - -- known to me to be the -------- -- - - -- President ---------------- - - - - -- ----- •- - - - - -- o of the corporation described in and that executed the within instrument, and also known Hsu "Ma" ma"tMU e,ISn�n Ml�lh to me to be the person -------- who executed the within instrument on behalf of the corpor- a F F I C I A, L � � � L ation therein named, and acknowledged to me that such corporation executed the same ONDA K. ANDERSON document ^a+"` NOTARY PU3'111- — C.AI.IeiA:!a1lA PRINCIPAL oral'.. ►N rw� IN WITNESS WHEREOF I have hereunto set my hand and affixed my official eoue+TY of SAWA eLSAA said Santa Clara Expires April 11, 1975 seal in the .. - - - -- County of My Commission Exp' . �� ��������umu�nuenu?me ttounollesa¢ ara��.rcr, %e.,f the day and year in this certificate first above written. .......Cpl Notary Public in and for 'the ---- said County of ---- Santa-- Glapa ............................. State of California. CORPORATION ACKNOWLEDGMENT My Commission Expires ....... April•- 11,-- 19- 75------------