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Kaufman and Broad - PDA No. 94-40111�j RECORDING REQUESTED BY: City of Gilroy WHEN RECORDED, MAIL TO: Susanne E. Steinmetz, City Clei City of Gilroy 7351 Rosanna Street Gilroy, CA 95020 N6 ( 9PAGE0,520 N l PROPERTY DEVELOPMENT AGREEMENT RESIDENTIAL 12672445 I4 RECIUEST OF O GRANTEE 94 OCT - 3 MI. 10= 5 6 OFFICI'� L R 7CCJ'RDS SANTA CLARAI Y'� COUNT AGREEMENT FOR EXTENSIONS OF WATER DISTRIBUTION SYSTEMS: IMPROVEMENT OF STREETS: INSTALLATION OF SEWERS, STORM DRAINS AND OTHER PUBLIC WORKS FACILITIES No. 94 -40 This agreement made and entered into this 19th day of September 1994 , by and between the City of Gilroy, a municip T corporation, herein called the city" and Kaufman & Broad Inc. , a real property owner developer 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: Park Commons Phase I APN 790 -18 -035 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 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: SECTION 1 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, the current Zoning Ordinance, and the currently adopted uniform Building Code. SECTION 2 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. -1- '6 19PAGE952I '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 $1,466,615.00, 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 work, to guarantee the repair and replacement of defective material and faulty workmanship. In lieu of said faithful performance 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 (1) year 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, shown in Section 9 thereof 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 That 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 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 this agreement, together with the attached stipulations, is an instrument affecting the title or possession of the real property described in Exhibit A. All the terms, covenants and conditions herein imposed shall be binding upon and inure to the benefit of the successors in interest of Developer. upon the sale or division of the property described in Exhibit A, the terms of this agreement shall apply separately to each parcel and the Developer of each parcel shall succeed to the obligations imposed on Developer by this agreement. -2- 6I9PiGEn522 SECTION 8 That the following General Stipulations and the attached stipulations shall be completed subject to the approval of the Director of Public Works. 1. Locate and properly dispose of any wells, septic tanks and underground fuel storage facilites. NOTE: The capping of any well will require inspection by the Santa Clara Valley Water District. 2. Schedule the construction of improvements alone 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. 4. Before construction utilizing combustible materials may proceed, an all weather access must be provided to within 150 feet of the building site; and at least one in service fire hydrant must be available within 500 feet of each portion of the site wherein this construction is to take place. Location of the fire hydrants will be determined by the Fire Chief. SECTION 9 That the attached Development Cost Schedule enumerates all fees and their extensions. � 6 TOTAL-- AMOUNT DUE CITY $739,098.61 IN WITNESS WHEREOF, city has executed this reement as of September 19, 1994 ACITYITY GGy!f'1!/ RK YO Susanne E. Steinmetz ,Dona APPROVED AS TO FORM: TY CITY ATTORNEY • W11 Jay Baksa IN WITNESS WHEREOF Owner has executed this agreement as of September 22, 1994 OWNER _ - eCW / �rdlZA~l r , WILFUl 1U1 Kaufman and Broad, Inc. by John H. Bremond, President DATE S�ZZI .' I 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. -3- N6I9PPGF0523 CALIFORNIA ALL - PURPOSE ACKNOWLEDGMENT State of E n County of on l On? 1 �� before me, f, DATE NAME, TITLE OF OFFICER - E. b., "JANE DOE, NOTARY PUBLIC" personally appeared f n C� ( 1<� tiff � 2_ NAME(S) OF SIGNER(S) personally known to me - OR - ❑ proved_ o__ rye --en -tote- nce No. 5907 to be the personnW whose nameW is /are- subscribed to the within instrument and ac- knowledged to me that he/she/they executed the same in his/her /fl err authorized capacity(i-e&), and that by his /h-eT /their ::.,. BARBARA SHEPARD-ORTIZ signature(s`)' on the instrument the person(s�, a ��;w,=. COMM. #1014885 Z or the entity upon behalf of which the Z ? ` Notcry Public — CaGfomia D SAN BENITO COUNTY person) acted, executed the instrument. My Comm. Expkes JAN 20,1999 WITNESS my hand and official seal. SIG ATURE OF NOTARY OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER ❑ INDIVIDUAL ❑ CORPORATE OFFICER TITLE(S) ❑ PARTNER(S) ❑ LIMITED ❑ GENERAL ❑ ATTORNEY -IN -FACT ❑ TRUSTEE(S) ❑ GUARDIAN /CONSERVATOR ❑ OTHER: SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) DESCRIPTION OF ATTACHED DOCUMENT TITLE OR TYPE OF DOCUMENT NUMBER OF PAGES DATE OF DOCUMENT SIGNER(S) OTHER THAN NAMED ABOVE ©1993 NATIONAL NOTARY ASSOCIATION • 8236 Remmet Ave., P.O. Box 7184 • Canoga Park, CA 91309 -7184 N6 19 PA rE 524 CITY OF GILROY DEPARTMENT OF PUBLIC WORKS DATE: 06- Sep -94 ENGINEERING DIVISION ---- - - - - -- FINAL CHARGES NUMBER: 94 -40 PROJECT LOCATION: Park Commons, Phase I PARCEL NUMBER: ----------------------------------------------------- 790 -18 -035 OWNER /DEVELOPER: ----------------------------------------------------- Kaufman & Broad Inc. MAILING ADDRESS: ----------------------------------------------------- 1604 N. Main Street, Suite D, Salinas CA 93906 TELEPHONE NO: ----------------------------------------------------- 408 - 442 -7615 PREPARED BY: ----------------------------------------------------- Rick Smelser ----------------------------------------------------- Key G/L Account Account No. Code Fee: Credits: Amount Due: Description: ---------------- - 100- 2600 -3- 600400 - - - -- ------- - - - - -- ------ 4904 $15,074.66 - - - - -- $0.00 ------ - - - - -- $15,074.66 ------ - - - - -- PW Services 100 - 2600 -3- 600412 4702 $106,663.05 $0.00 $106,663.05 Plan Ck /Insp 410 - 2400 -3- 629000 3302 $323,642.00 $0.00 $323,642.00 Park Fee 420 - 2600 -3- 680200 4501 $4,082.48 $4,082.48 $0.00 Storm Fee 431 - 2600 -3- 680300 5001 $0.00 $0.00 $0.00 Undrgrnd Fee 432 - 2400 -3- 625000 3301 $1,139.20 $0.00 $1,139.20 Tree Fee 433 - 2600 -3- 681000 4905 $128,874.00 $88,200.00 $40,674.00 Traffic Fee 434 - 1400 -3- 680000 4402 $16,873.00 $0.00 $16,873.00 Police Fee 435 - 2600 -3- 671000 4509 $128,169.00 $0.00 $128,169.00 Sewer Fee 436 - 2600 -3- 695000 4510 $72,991.00 $0.00 $72,991.00 Water Fee 437 - 1500 -3- 680000 4511 $3,713.00 $0.00 $3,713.00 Fire Fee 720 - 0433 -3- 690000 2202 $10,699.70 $0.00 $10,699.70 Const Water 801 - 0000 -2- 229015 4703 $19,460.00 $0.00 $19,460.00 Reimbrsmnts 801- 0000 -2- 229015 4703 $0.00 $0.00 $0.00 XXXXXXXXXXXX 801 - 0000 -2- 229015 4703 $0.00 $0.00 $0.00 XXXXXXXXXXXX Totals ................ $831,381.09 $92,282.48 $739,098.61 Separate credit payment by City from storm account 420 - 2600 -4- 680200 for storm drain oversizing $74,820.52 Bonds and Securities $2,199,923 -------- - - - - -- SERVICE CHARGES -------------- (1) 619 OF` 525 CITY OF GILROY No. 94 -40 DEPARTMENT OF PUBLIC WORKS ---- --- -- - - =- DEVELOPMENT COST SCHEDUL Date 06- Sep -94 FINAL ESTIMATE -- ----- - - - - -- Prepared by Rick Smelser NOTE: This 100 % cost schedule has been adjusted to the rates in . effect at the time-Building Permits were issued. Location of Property Park Commons, Phase I ----------------------------------------------------- Assessor's Parcel No. 790 -18 -035 ----------------------------------------------------- Name of Applicant Kaufman & Broad Inc. ----------------------------------------------------- Mailing Address 1604 N. Main Street, Suite D, Salinas CA 93906 ----------------------------------------------- - - - - -- Site Information: Commercial /Industrial Allocations: Reimbursements and credits: • Country Estates Water System? • Country Estates Sewer System? Sewer GPD: Water GPD: 0 0 Y Northwest Quadrant Sewer? N Obata Industrial Park Credit? Front Footage for Front Foot Charges and Construction Water: Street Tree FF: Water FF: Sewer FF: Storm FF: Const Water: 3,350.59 0.00 0.00 0.00 3,350.59 Special Public Works Services 100 - 2600 -3- 600400 Lots: Units: Sq Ft: Acres: Y Residential -Low ? 47 47 12.223 • Residential -High ? 0 0 0.000 • Commercial -Low ? 0 0 0.000 • Commercial - High? 0 0 0.000 • Industrial - General ? 0 0 0.000 • Industrial - Warehouse 0 0 0.000 • Assembly Hall? 0 0 0.000 - - - - -- Common Area? 0 0.000 Commercial /Industrial Allocations: Reimbursements and credits: • Country Estates Water System? • Country Estates Sewer System? Sewer GPD: Water GPD: 0 0 Y Northwest Quadrant Sewer? N Obata Industrial Park Credit? Front Footage for Front Foot Charges and Construction Water: Street Tree FF: Water FF: Sewer FF: Storm FF: Const Water: 3,350.59 0.00 0.00 0.00 3,350.59 Special Public Works Services 100 - 2600 -3- 600400 (Includes Administration Fee(s) for Reimbursements) Maps: 100% Final $3,025.00 + $50.00 /lot Y $5,375.00 Parcel $1,070.00 + $100.00 /lot N $0.00 Reapportionment (Assessment District Parcels) _ ------------ $1,767.00 + $100.00 /lot N $0.00 Administration Fees: _ ------------ Country Estates Water System Y $0.00 (Not Included) _ ------------ Country Estates Sewer Trunk Main Y $0.00 (Not Included) _ ------------ Northwest Quadrant Sewer Trunk Main Y $195.00 (See Attached Worksheet) _------ - - - - -- COST SCHEDULE (1) $15,074.66 $15,074.66 s 6 1 gPArsEn526 Miscellaneous Engineering Services: (Cost Schedules, Agreements, R/W Reviews and Other Misc. Services) 120 hr Misc Services $77.00 /hr. Y $9,240.00 Public Works Microfilming (Maps and Plans): 1- 6 shts $149.94 + $6.62 /sheet Y $0.00 7 -12 shts $191.84 + $6.62 /sheet Y $264.66 13 -18 shts $233.73 + $6.62 /sheet Y $0.00 # of Shts 11 Engring Plan Check and Inspection (Based on total cost of public right -of -way improvements) 6 hr Onsite grading $77.00 /hr. 100 - 2600 -3- 600412 $106,663.05 100% $106,663.05 N $0.00 Actual Cost of Public Improvements $1,466,615 10% of first $100,000 Y $10,000.00 8% of $100,000 - $200,000 Y $8,000.00 7% of over $200,000 Y $88,663.05 Offsite Improvements to be Bonded Park Impact Fee a.Residential -Low b.Residential -High Storm Drain Impact Fee a.Residential -Low b.Residential -High c . Commercial d.Industrial $1,466,615 410 - 2400 -3- 629000 $323,642.00 100% $323,642.00 Y$323,642.00 $6,886.00 /unit $4,918.00 /unit Y $0.00 420 - 2600 -3- 680200 $334.00 /acre $501.00 /acre $668.00 /acre $751.00 /acre 100% Y $4,082.48 Y $0.00 Y $0.00 Y $0.00 e.Assembly Hall $334.00 /acre Y $0.00 Obata Industrial Park Credits (Based on reimbursements due from oversized storm facilities) Obata Fee Credit $1,170.00 /acre Y $0.00 COST SCHEDULE (2) $4,082.48 $4,082.48 Utility 'Underground Fee $118.36 /f.f. x Street Tree Fee a.City Planting and Replacement $2.45 /f.f. x b.Inspection and Replacement $0.34 /f.f. x Traffic Impact Fee 6 f 9PAGE0527 431 - 2600 -3- 680300 Front Footage N 0.00 $0.00 100% $0.00 432 - 2400 -3- 625000 $1,139.20 Front Footage 100% $1,139.20 N 0.00 = $0.00 ------------ ------ - - - - -- Y 3,350.59 = $1,139.20 =------ - - - - -- ------ - - - - -- 433 - 2600 -3- 681000 $128,874.00 100% $128,874.00 Y$128,874.00 Y $0.00 Y $0.00 Y $0.00 Y $0.00 Y $0.00 a.Residential -Low $2,742.00 /unit b.Residential -High $2,222.00 /unit c.Commercial -Low Traffic (<= 4 trips /1000 sf) $3,032.00 /k.s.f. d.Commercial -High Traffic (> 4 trips /1000 sf) $6,127.00 /k.s.f. e.Industrial- General f.Industrial- Warehous Police Impact Fee a.Residential -Low b.Residential -High c . Commercial d.Industrial $1,184.00 /k.s.f. $872.00 /k.s.f. 434 - 1400 -3- 680000 $16,873.00 $359.00 /unit $529.00 /unit $561.00 /k.s.f. $18.00 /k.s.f. COST SCHEDULE (3) 100% $16,873.00 Y $16,873.00 Y $0.00 Y $0.00 Y $0.00 Sewer Impact Fee a.Residential -Low b.Residential -High c.Commercial /Industrial $950.00 / N6 19?r "GE05?8 435 - 2600 -3- 671000 $128,169.00 $2,727.00 /unit $1,948.00 /unit 100 gals. /day 100% $128,169.00 Y$128,169.00 Y $0.00 Y $0.00 Country Estates Sewer Trunk Main Y $0.00 (Not Included) _------ - - - - -- Obata Industrial Park Credits (Based on reimbursements due from oversized sewer facilities) Obata Fee Credit $531.00 /acre Y $0.00 Water Impact Fee 436 - 2600 -3- 695000 $72,991.00 100% $72,991.00 a.Residential -Low $1,553.00 /unit Y $72,991.00 b.Residential -High $1,109.00 /unit Y $0.00 c.Commercial /Industrial $2,360.00 / 1,000 gals. /day Y $0.00 Obata Industrial Park Credits (Based on reimbursements due from oversized water facilities) Obata Fee Credit $154.00 /acre Y $0.00 Fire Impact Fee 437- 1500 -3- 680000 $3,713.00 a.Residential -Low b.Residential -High c . Commercial d.Industrial 100% $3,713.00 $79.00 /unit Y $3,713.00 $105.00 /unit Y $0.00 Water User Fee (Construction) $2.58 /f.f. $70.00 /k.s.f. Y $0.00 $9.00 /k.s.f. Y $0.00 720 - 0433 -3- 690000 Y $10,699.70 100% $10,699.70 COST SCHEDULE (4) + $168.14 /a.c. N6 1 9PAGEn529 Front Foot Charges: (Used to charge and reimburse fees for existing infrastructure) Water Water Mains, including fire hydrants, valves and box: (Developer is responsible for up to and including 12" mains) Country Estates Water System (Not Included) Sewer 801 - 0000 -2- 229015 $0.00 100% $0.00 Front Footage N 0.00 N 0.00 N 0.00 N 0.00 N 0.00 N 0.00 Sewer Mains, including manhole: (Developer is responsible for up to and including 12" mains) Half Pipe =------ - - - - -- ------ N 0.00 = 6 " Main $12.50 /f.f. x 8 " Main $13.50 /f.f. x 10 Main $15.00 /f.f. x 12 Main $16.50 /f.f. x 14 Main $18.50 /f.f. x 16 Main $20.50 /f.f. x Country Estates Water System (Not Included) Sewer 801 - 0000 -2- 229015 $0.00 100% $0.00 Front Footage N 0.00 N 0.00 N 0.00 N 0.00 N 0.00 N 0.00 Sewer Mains, including manhole: (Developer is responsible for up to and including 12" mains) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Y $0.00 801 - 0000 -2- 229015 $19,460.00 100% $19,460.00 Front Footage N 0.00 = Half Pipe =------ - - - - -- ------ N 0.00 = 6 " Main $12.00 /f.f. x 8 " Main $12.50 /f.f. x 10 " Main $14.00 /f.f. x 12 " Main $15.50 /f.f. x 15 " Main $19.00 /f.f. x $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Y $0.00 801 - 0000 -2- 229015 $19,460.00 100% $19,460.00 Front Footage N 0.00 = $0.00 =------ - - - - -- ------ N 0.00 = - - - - -- $0.00 =------ - - - - -- ------ N 0.00 = - - - - -- $0.00 =------ - - - - -- ------ N 0.00 = - - - - -- $0.00 =------ - - - - -- ------ N 0.00 = =------ - - - - -- ------ - - - - -- $0.00 - - - - -- Northwest Quadrant Sewer Trunk Main (See Attached Worksheet) Country Estates Sewer Trunk Main (Not Included) COST SCHEDULE (5) Y $19,460.00 Y $0.00 N6 9PGEe j3 84 " Main $52.00 /f.f. x N 0.00 = $0.00 90 " Main $55.00 /f . f . x N 0.00 = $0.00 96 " Main $58.00 /f.f. x N 0.00 = $0.00 Bonds and Securities 801 - 0000 -2- 229015 * $2,199,923 * Not included in TOTAL DUE ------ - - - - -- (est) NOTE: All deferred and /or estimated fees will be adjusted to the rates in effect at the time Building Permits are issued. The undersigned agrees to provide actual construction costs for recalculation of fees and pay.any underestimated fees prior to final acceptance. If the recalculated fees are less than the estimate, the City of Gilroy will refund the difference. Accepted b ; ,l .� Date: / 17 t Clc COST SCHEDULE �0) 11619PAGE053I stipulations to Property Development Agreement No. 94 -40 1. The city shall reimburse to the Developer from the Storm Development Fund the amount of $53,571.65. This is the remaining amount due the Developer for storm drain oversizing. This amount shall be paid to the Developer within six weeks of the execution of this document. current Fee schedule Description Length Unit Price ($ /ft.) Total 33" storm Drain 1047 $53 - $44 $9,423.00 36"-Storm Drain 565 $56 - $44 $6,780.00 42" Storm Drain 750 $62 - $44 $13,500.00 48" Storm Drain 2050 $68 - $44 $49,200.00 Subtotal $78,903.00 Minus Fee credit $ 4,082.48 Additional Reimbursement .$74,820.52 2. Developer shall not be allowed to complete street improvements for Amanda or Mantelli Drive outside the limits of Phase I until all offsite construction and utility easements are obtained. r � 1 Signed Date C' Title IN 6 P 9EcEn532 NORTHWEST QUADRANT SEWER REIMBURSEMENT DATE MONTH -YEAR 9 - 94 PROJECT:Park Commons, Phase I OVERLAND I & II ----------------------------------------------------- OWNER /DEVELOPER:Kaufman & Broad Inc. BRENTWOOD (C.H. I, II & III) ----------------------------------------------------- DEVELOPMENT AGREEMENT:94 -40 -------- - - - - -- III) DOLLAR I. Project Cost MARTIN -------- - - - - -- Total Cost $298,381.35 / 1500 = $198.92 /Unit II. Existing Developers Units - - - - -- ------ Shares - - - - -- ----------------------- - - - - -- ------ MEADS I, II & III 149 15.701% OVERLAND I & II 73 7.692% BRENTWOOD (C.H. I', II & III) 116 12.223% GLEN LOMA (D.P. I, II & III) 119 12.540% DOLLAR 44 4.636% MARTIN 33 3.477% RANCHO REAL 17 1.791% RANCHO HILLS 60 6.322% COUNTRY ESTATES 58 6.112% SOUTH COUNTY HOUSING 24 2.529% LYON /ARCADIA DEVELOPMENT CO. 76 8.008% SCHAAL 111 11.697% LYON /ARCADIA DEVELOPMENT CO. 55 5.796% KAUFMAN & BROAD 14 1.475% 949 99.999% III. Recommended Shares With New Developer Kaufman &. Broad Inc. ------------------------------------ - - - - -- ------------------- - - - - -- Developer MEADS I, II & III OVERLAND I & II BRENTWOOD (C.H. I, II & III) GLEN LOMA (D.P. I, II & III) DOLLAR MARTIN RANCHO REAL RANCHO HILLS COUNTRY ESTATES SOUTH COUNTY HOUSING LYON /ARCADIA DEVELOPMENT CO. SCHAAL LYON /ARCADIA DEVELOPMENT CO. KAUFMAN & BROAD Kaufman & Broad Inc. NORTHWEST QUADRANT (1) Units 149 73 116 119 44 33 17 60 58 24 76 111 55 14 47 Shares 14.960% 7.329% 11.647% 11.948% 4.418% 3.313% 1.707% 6.024% 5.823% 2.410% 7.631% 11.145% 5.522% 1.406% 4.719% i ilowiIaY.r' N6 I 9PGE-3533 IV. Cost of Money Computation ----------------------------- Development Units Built are 949 x $198.92 = Project Cost $298,381.35 - $188,775 = Cost 1.00% per month since 1 -1 -86 equal 104 % = Add Back Project Cost + Total Cost V. Contributions from New Developers ------------------------------------------ Developer Shares Contribution City Fee -------- - - - - -- -------- - - - - -- ------ - - - - -- ------ - - - - -- Kaufman & Broad 0.04719 $19,460 $195 Total Contribution $19,460 $195 VI. CITY FEE EQUALS 1.00% of contribution CONTRIBUTION TO BE DISTRIBUTED Distribution of Fees ----------------------- - - - - -- Developer MEADS I, II & III 15.701% OVERLAND I & II 73 BRENTWOOD (C.H. I, -II & III) GLEN LOMA (D.P. I, II & III) DOLLAR 119 MARTIN $2,440 RANCHO REAL 4.636% RANCHO HILLS 33 COUNTRY ESTATES $677 SOUTH COUNTY HOUSING 1.791% LYON /ARCADIA DEVELOPMENT CO. SCHAAL $1,230 LYON /ARCADIA DEVELOPMENT CO. KAUFMAN & BROAD 24 CITY OF GILROY $492 DEVELOPERS USE ACCOUNT CITY OF GILROY USE ACCOUNT NORTHWEST QUADRANT (2) $188,775 $109,606 $113,990 $298,381 $412,371 Total Contribution $19,655 $19,655 $19,460 Units Shares Distribution 149 15.701% $3,056 73 7.692% $1,497 116 12.223% $2,379 119 12.540% $2,440 44 4.636% $902 33 3.477% $677 17 1.791% $349 60 6.322% $1,230 58 6.112% $1,189 24 2.529% $492 76 8.008% $1,558 111 11.697% $2,276 55 5.796% $1,128 14 1.475% $287 0 0 $195 ------ - - - - -- ------ 949 - - - - -- ------ 99.999% - - - - -- $19,655 801 - 0000 -2- 229015 100 - 2600 -3- 600400 N6 t 9P4GE0534 Park commons Street Improvements 62 Lots Gilroy, California 6/15/92, Rev. 7/20/1994 Item Description 4uantitY Unit Price Total A. GRADING 1. clearing, Grubbing & Demolition Lump Sum Lump Sum $65,000 2. Striping 15.90 AC $4,300.00 $68,370 3. Rough Grading 20,000 CY 1.15 $23,000 4. Import 10,000 CY 6.50 $65,000 SUBTOTAL $221,370 B. PAVING 1. Street Fine Grading 225.244 SF 0.15 $33,787 2. AC Pavement 4. 4" Service Lateral into $400.00 existing main 5. 3 1 /2 ",AC /12" AB 163,096 SF 2.10 $342,502 3. AC Overlay 2,300 SF 1.75 $4,025 4. 6" Curb & Gutter 5.554 LF 8.00 $44,432 5. PCO Driveway 13,185 SF 2.80 $36,918 6. 4" Sidewalk 18,084 SF 2.65 $47,923 7. Std. Barricade 4 EA $300.00 $1,200 SUBTOTAL $510,786 C. SANITARY SEWER 1. 8" VCP 2. 12" VCP 3. 4" Service 4. 4" Service Lateral into $400.00 existing main 5. Break into Ex. SSMH 6. S.S. Manhole 7. Construct SSMH over $500.00 exist. 18" SS 8. Adj. Ex. SSMH to grade 690 LF $25.00 $17,250 490 LF $32.00 $15,680 47 EA $400.00 $18,800 15 EA $550.00 $8,250 1 EA $500.00 $500 3 EA $1,800.00 $5,400 3 EA $2,500.00 $7,500 5 EA 150.00 $750 SUBTOTAL $74,130 Park Commons Street Improvements 62 Lots Gilroy, California 6/15/92, Rev. 7/20/1994 Page two D. STORM SYSTEM 1. 15" Storm Drain 2. 18" Storm Drain 3. 24" Storm Drain 4. 33" Storm Drain 5. 36" Storm Drain 6. 42" Storm Drain 7. 48" Storm Drain S. Storm Drain Manhole $60.00 (large dia. pipe) 9. Storm Drain Manhole $85.00 (Normal) 10. Storm Drain Manhole $100.00 (Wren Avenue) 11. Storm Drain Inlet 12. SD Entry Structure 13. SD Exti Structures E. WATER $19,800 1. 6" DIP 2. 8" DIP 3. 10" DIP 4. 12" DIP 5. Blowoff 6. Service Lateral 7. Service Lateral $6,000.00 to exist. Main 8. Fire Hydrant 457 LF $22.00 $10,054 555 LF $28.00 $15,540 418 LF $34.00 $14,212 1042 LF $51.00 $53,142 563 LF $60.00 $33,780 750 LF $85.00 $63,750 2056 LF $100.00 $205,600 11 EA $2,400.00 $26,400 11 EA $1,800.00 $19,800 2 EA $2,800.00 $5,600 25 EA $1,500.00 $37,500 2 EA $3,500.00 $7,000 1 EA $6,000.00 $6,000 SUBTOTAL $498,378 178 LF $22.00 $3,916 740 LF $28.00 $20,720 443 LF $35.00 $15,505 1220 LF $50.00 $61,000 4 EA $150.00 $600 55 EA $250.00 $13,750 7 EA $400.00 $2,800 7 EA $1800.00 $12,600 SUBTOTAL $130,891 Park Commons street Improvements 62 Lots Gilroy, California 6/15/92, Rev. 7/20/1994 Page three F. MISCELLANEOUS 1. Monuments 10 EA $200.00 $2,000 2. Retaining Wall 853 IF $20.00 $17,060 3. Inlet Grate 5 EA $500.00 $2,500 4. Trash Rack 3 EA $1,500.00 $4,500 5. signing & Striping Lump Sum Lump Sum $5,000 SUBTOTAL $31,060 TOTAL $1,466,615 2 r 2/ 4 6 H6 1 9P6E'A Tatum Ave. VrCINITY SITE MAP Park Commons, Phase I APN 790 -18 -035 111.1.111.181 I 3 6 a / w I a as O#Ani f% Vol ,r a ., �. .Ai L OI