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HomeMy WebLinkAboutRelease Scrty - PP 06-01 - Vineyards CITY OF PALM DESERT _ � PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: RELEASE SECURITY FOR PP 06-01(VINEYARDS) SUBMITTED BY: Mark Greenwood, P.E., Director of Public Works APPLICANT: Sinatra & Cook Project, LLC 528 Palisades Drive, #530 Pacific Palisades, CA 90272 Suretec Attention: David Noddle 19507 Ventura Blvd., Tarzana, CA 91356 BOND NUMBER: 4382657 DATE: January 24, 2012 CONTENTS: Bonds Agreement Vicinity Map Recommendation By Minute Motion, release security for Frank Sinatra Drive improvements for PP 06-01 (Vineyards). Backqround The subject property is located on Cook Street between University Park Drive and Frank Sinatra Drive. Bonds in the total amount of $118,675 were submitted at the time of permit issuance for improvements to Frank Sinatra Drive. All improvements related to these bonds are complete. Staff has recently re-inspected the improvements to insure that they remain as they were when accepted at final inspection. Staff Report Release Security for PP 06-01(Vineyards) January 24, 2013 Page 2 of 2 The faithful performance and labor and materials bonds were held for one-year in lieu of a maintenance bond submittal. The one-year maintenance period is now complete. Staff recommends that the City Council authorize the release of the faithful performance and labor and materials bonds. Fiscal Analvsis There is no fiscal impact associated with this action. Prepared By: Dep Head: ,. 'Y�, Christina Canales, Assistant Engineer Mark r enwood, P. ., Direct r f Public Wo ks Paul S. Gibson, Director of Finance Approval: �� �� � o n M. Wohlmuth, City Manager COUNCIL ACTiON APPROVED._.._;�,_ DENIF,D RECEIVED OTHCR ---.----_ MF,I;TING DATE '� -�O " AYES: �t1�r /,r ,Plh�� 2.'' i I NOES: ��_ ABSi:NT: � e ABSTAIIV: VF,RIFIF.D 13Y: Originat on File with City Clcrtz's Of �ce , CITY OF PALM DESERT STANDARDFORM FAITHFUL PERFORMANCE BOND NAME OF DEVELOPMENT: Vinevards-Frank Sinatra Improvements NAME OF DEVEIOPER: Sinatra and Cook P�jec,�, LLC NARAE OF SURETY:__SureTe�, Insurance Company EFFECTIVE DATE: 0 3/14/2 019 AMOUNT OF BOND: $�9. 11�.o 0 BOND NUMBER: 4382657 PREMIUM:�,978_oo/2 Years KNOW ALL MEN BY THESE PRESENTS: That the person, firm, corporatian, entity, or otherwise, named on Line 2 above, without regard to gender and number, hereinafter referred to as PRINCiPAL, and the corporation named on Line 3 above, a corpo�ation authorized to do business in the State of California and presently possessed of authority under Title 6 of the United States Code to do business under Sections 6 to 13 thereof, in the aggregate amounts hereof, hereinafter refeRed to as SURETY, are jointly and severally heid and firmly bound unto the City of Palm Desert, a municipal corporation of the State of California, hereinafter referred to as CITY, in the sum menfioned on Line 6 above, for the fiaithful performance of that certain lMPR�VEMENT AGREEMENT between PRINCIPAL and C1TY regarding the subdivision named on Line 1 above, as required by the provisions of the Subdivision Map Act and CITY ordinances, resolutions, rules, and regula#ions, for the payment of which sums � well and truly to be made, PRINCIPAL and SURETY hereby bind themsetves, their heirs, administrators, executors, successors and assigns, jointly and severafty, firmly by these presents. THE CONDlTION of the foregoing obligation is such that if the said PRiNCIPAL shall faithfully perform the covenants, conditions, and agreements contained in that certain IMPROVEMENT AGREEMENT between PRINCIPAL and ClTY regarding the devefopment named on Line 1 of Page 1 hereof, which said agreement is by this reference incorporated herein, on its part to be kept and perFormed, in a manner and form therein spec�ed, and shalf furnish materiat in compliance with the specifications and perforrn all that certain work and improvement in said CITY which is more particularly described in said lMPROVEMENT AGREEMENT, then the obligation with respect to the faithfui performance of said IMPROVEMENT AGREEMENT shall be void, otherwise to remain in full force and effect. The said SURETY, for vatue received, hereby stipulates and agrees that no change, extension of time, aiteration or addition to the terms of the IMPROVEMENT AGREEMENT or ta the work to be perfoRned thereunder or the specifications accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive notice af any such change, extension of time, afteration or addition to the terms of the tMPROVEMENT AGREEMENT, the work, the spec�cations or any feature or item of perFormance thereunder. tn the event it becomes necessary for CITY to bring an action to enforce this bond, SURETY shall pay CITY'S reasonable attorney's fees and court costs in connection therewith. (N WlTNESS WHEREOF, PRINCIPAL and SURETY have executed this instrument on the date mentioned on Line 4 of Page 1 hereof. PRINCIPA SIG ATURE �Av►eVJ, L �v.�1.t�r '1„ �/ii PRINT NAME � � IA �r �''l�.�c.+ 5,.,,��.. � Go.k . . . . . . . TITLE & COMP NY NAME Q�e����.. �, �� PRINCIPAL'S SIGNATURE PRtNT NAME TITLE & COMPANY NAME SureTec Insurance Company SURETY'S SIGNATURE David No Ie, Attorney-in-fact , SU ' NATURE (Notaria! acknowledgment of execution by ALL PRINCIPALS and SURETY must be attached. ACKNOWLEDGMENT State of Califomia County of_Los Angeles � On o3-14-20�1 before me, Christo he� r John Riziotti. Notaq/ (insert name and tiUe of the officer) personally appeared�avid Noddle who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s)is/are � subscribed to the within instrument and acknowledged to me that helshe/they exe�uted the same in his/her/their authorized capacity(ies), and that by his/hedtheir signature(sj on the instrument the person(s), or the sntity upon behalf of which the person(s)acted,executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of Cali#omia that the foregoing paragra is true and co�ect. ......;........_...................................................� �..... , CH?!�TQ"NE4 1Cu►' E1�IDITI r .;�, � )43 " WITNE my and and official seal. v� � - " � �t � �Y � cr � � n ,l . �� � i o<�:a .. > LG ..�'tE,;GuU��I{ ... ; ` .My Cm...:ExNi et Jan.ll 2014 � 1..._................... .....-•--•-•....._............ Signature �$e��� Si n re of Officer CITY OF PALM DESERT STANDARD FORM PAYMENT BOND (LABOR � MATERIALS) NAME OF PROJECT: _ Vi neyards_Frank G�na�rn Tm��s,Q,men.ts NAME OF DEVELOPER: S_inatra and Cook Proiect LLC NAME OF SURETY: SureTec Insurance Combanv EFFECTIVE DATE: _ 03/14/2011 AMOUNT OF BOND: _$39,558.00 BOND NUMBER: 4382657 PREMIUM: Premium Tncl Ldpd i n PPr fnrmanr�o u�„a KNOW ALL MEN BY THESE PRESENTS: That the person, firm, corporation, entity, or otherwise, named on �ine 2 of Page 1 hereof without regard to gender and number, hereinafter referred to as PRINCIPAL; and the corporation namAd on Line 3 of Page 1 hereof, a corporation authorized to do business in the State of California and presently possessed of authority under Title 6 of the United States Code to do business under Section 6 to 13 thereof in the aggregate amounts he�eof, hereinafter referred to as SURETY; are jointly and severely held and firmly bound unto and atf materialmen, persons, companies or co�porations furnishing materials, provisions, provender or ofher supplies used, in, upon, for or about the perFormance of the work contracted to be executed or pe�Formed under the terms of that certain IMPROVEMENT AGREEMENT hereinafter mentioned and all persons, companies or corporations renting or hiring teams or implements, or machinery, for contributing to said work to be done, all persons who performed work or labor upon the same, and afl persons who supply both work and materials, and whose claim has not been paid by PRINCIPAL in the just and full sum mentioned on Line 5 of Page 1 hereof for the payment whereof, well and truly to be made, said PRINClPAL and SURETY bind themselves, their heirs, administrators, successors and assigns, jointly and seve�ally, firmly by these presents. THE CONDITfON OF THE OBLtGATION is such that whereas the above- bounden PRINCIPAL has entered into an iMPROVEMENT AGREEMENT with the City of Palm Desert, a municipal corporation of the State of California, hereinafter referred to as CITY, for the constnaction of public improvements in the project named on Line 1 of Page 1 hereof, which said IMPROVEMENT AGREEMENT is by this reference incorporated herein: NOW, THEREFORE, if the above-bounden PRINClPAL, contractor, person, company or corporation, or his or its subcontractor, or subcontractors, faiis to pay for any materiais, provisions, provender, or the supplies, or teams used in, upon, for, or about the performance of the work contracted to be done, or for any work or labor done thereon of any kind, or for amounts due under the Unemployment tnsurance Act wrth respect to such work for labor, SURETY on this bond will pay the same, in an amount not exceeding the sum specified in this bond, and also, in case suit is brought on this bond, a reasonabie attarney's fee which shatl be awarded by the court to the prevaiting party in said suit, said attomey's fee to be taxed as costs in said su'rt and to be inctuded in the judgment therein rendered. This bond is executed and filed to comply with the provisions of all applicable CITY ordinances, �esolutions, rutes and regulations supplemental thereto; and all amendments there#o; and shall inure to the benefit of any and alf materiaimen, persons, companies or corporations entitled to �ile claims under and by vi�tue of the provisions thereof. IN WtTNESS WHEREOF, PRINCIPa' ��'+JRETY have executed this 'f, instrument the date mentioned ora.t,i� � ' � �,:�.�� �f. �� •'. PRINCIP 'S S ATURE •'�'.PR CIPAL'S SIGNATURE �-a.K�. t �Cw w+do�l PRINT NAME PRINT NAME ha� 5,���. d t�.k P�e,r�' TITLE�C MPANY NAME TITLE& COMPANY NAME SureTec Insurance Company SURETY'S SIGNATURE David Nodd Attorney-in-fact ; SURE GNATURE (Notarial acknowledgement of execution by ALL PRINCIPALS and SURETY must be attached.) APPROVED AS TO FORM: DAVID J. ERWIN, ClTY ATTORNEY ACKNOWLEDGMENT State of California County of Los Anqeles ) On n�_�a_2 n� , before me, Christonher John Rizzot�i. Notary (insert name and title of the officer) personally appeared Q�vi�Noddle . who proved ta me on the basis of satisfactory evidence to be the person(s)whose name(s)is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/hedtheir signatu�e(s)o�the instrumerrt the person(s), o�the entity upon behalf of which the person(s)acted,executed the instrument. I cerdfy under PENAi.TY OF PERJURY under the laws of the State of California that the foregoing paragraph is frue and coRect. ,. .. _ .. .. .. . WITNESS n�y nd and official seaf. � .., Signature � (Seai) Si natur f POA#: S 10010 SureTec Insurance Company LIMITED POWER OF ATTORNEY Kaow AU Men by Thest Presents, That SURETEC iNSURANCE COMPANY (fhe "Company"� a corporation duly or�anized and existing under the laws of the State of"Cexas.and having its p�incipal o�ce in Houston, Harris Counry,Texas,does by these presents makc,cot�strtutt and appo�nt David Noddle its true and iawfiil Attomey-in-fact,with full power and authority heroby conferred in its name,place and stead,to execute,acknowledge and deliver any and all bonds,recognizances,uadertakings or other instruments or contraets of sureryship to include woivers to the conditions of conaacts and consents of surety,providing the bond penalry does not exceed Five Million Dollars and no/100(S5,000,000.00) and to bind the Company thercby as fully and to the same extent as if such bond were signod by the President,sealed wiih the corporate seal of the Compaay and duly attested by its Secrotary,lureby ratifyiag and conlirming all that the said Attorney(s}in-Fact may do in die premises. Said appointn�ent shall continue in force untit 10/31/12 and is made nnder and by authority of the following resolutiona of the Board of Directors of the SureTec Insucance Company: Be il Reaolved,that the f'res�dent,any Vice-Prcs�dent,any Assistant V�o-Pres�deat,any Secretary or sny Assistant 5ecrctary shalt be and ix hercby vested with full power and sutbority to appoint�y o�x or mon suimbk perwns ss Attorney(s}in-Fact to repnsent and ac1 for and on behalf of the Comp�ny subject to the following provisions: .ltrornev-rn-Fact may be givrn full power and autJarity fm�end in d�e name of and of belwif of the Compa�ry,w execute,ecknowledge and deirver,any and ali bonda,recognizances.oontcacts,ag�eecnmts a indemairy and othu conditia�sl ar obGgatocy uo�lcings and aay and all notices a� documcnts ca�eling ar terminat►ng the Corty�any's liability thereunder, and any s�h inttcuments so txecuted by atty such Attomey-in-Fact atmil be bind�ng upcui the Comparry as if signed by the Presdent and seakd and effected by the Corpo�ate Socrctary. Be i�Resoh�ed.d�at the signaWre of any authorized of�ice�and�xal of'the Company heratofore or haeafter at�ced to any power of atwrney or any ceRificate relating th�neto by facsimile,and any power of attorney or catificste beuring facsimile signahue or fircsimile 5ea1 shall be valid and b�nding upon the Compnny with rcspect to eny bond or undertaking to which it ic xttached. /Adopted at a meMing htld on 20''�ojApril. 1999.) In Witnesr li`hrreoj,SURETEC TNSURANCE COMPANY has caused d�ese p�senta ta�signed by its President,and its corporate scal to be herato affixed this 28th day of October. A.D.2008. SURETEC IN5 CE COMPANY r a�, . � ;. � By: ��.w � B.J.KI �eut 5tate of Texas ss: �` ��,��, " Caeiry of Harris , ,,,�,,.« On this 28h day oC October,20Qli beforc me personapy aune B.].King,ro�know0.wiw,being by me duty swom,did depose aad say,d�at hc raida in Houstoa,Texas,that he is Presideat of SURETEC INSURANCE COMPANY,the ca�eny described in and which execuud the above iastrumeat; that he hnows the sal of sad Company;that die seal aR'ixod to said insWm�x is guch cocporau�al:tha��t was so afYixod by otder of the Board M' Uirectors of sa�d Compxny;and that he sig�ed his�me thercto by likc ader. �Il��r�h� �Mpr�tO.l�f � Mkhdle Denay,Notary P ik My commission cxpires August 27�2012 t.M.Brcnt Bcaty.Assistant Socraary of SURE'CkC INSURANCB COMPANY,do 6ereby cat►ljr that the a6ove and foregoing is a m�e aad c�nect copy of a Power of Attorney,euecutod by ssid Compeny,which is stitl in full face and ef'fccc.and ftudrcmwre,the resolutions of the Board of Directors,set out m thr Power of Anomey ere in tWl fonce and effect G�ren under my hand and the seal of said Company at Houston,Texas this 1 d t h day af M3re ,20 1 7 ,A.D. M.Breat aty.Aaa nt Sccretary Any InstrumsiN issuad In�xcess af tM pm�lty stab0 abow 1s totally vold and wltl�ak any valldity. For w�Illeati�of th�aulho�ity d tlrk porror you may eal!(713�M2-0000 aq/buslness day b�tws�n 8;Q0 am and 5:D0 pm CBT. CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT ��s���.:N..,.�...�^.�..���,�����.�.�-���,�,n.�.�.�,��.�. .�,�.��� State of California Counry of �l��j�_ O�L'�` (`�1�� ��� before me, ��� � -.����'�.`-�►�lL�1C —--_ . personally appeared �� � � _ ___ _ Nertq s)o131pner e► _. ___�_—_._.r __� who proved to me on the basis of satisfactory evidence to be the pe�son(s)whose name(s) islare subscribed to the within instrument and acknowledged to me that helsheRhey executed the same in his/her/their authorized capacity(ies), and that by his/herRheir signature(s)on the � K1Rf CORINAC CASsI�v instrument the person(s), or the entity upon behalf of ������g which the person(s)acted, executed the instnxnent. � Not�ry►P�oxc-caltorni� Riwnia�CaMry I certify under PENALTY OF PERJURY under the laws Co�•E� i�M+ 22 201� of the State of California t]�fgr oing paragraph is true and corr WITN S my ha ial s . _—_—_.... �����e Signatu � __ _ yiehxe nl t�ofary Pu OPTIONAL Though the Intam►etion be/ow is►rot requlred by lew,it may prov�s va/uaWe to persons relyNu�on ti►e da:ument and could prevent fraudulent remova/and reattachment o/this/omr to another doct�ment. Description of Attached Document � Title or Type of Docume :„�„�G�` �cC��CC`c't�SYsa_ __.._.`__ . . Document Date: _ _ ,_—_._ _ _Number of Pages: ___ Signer(s)Othe�Than Named Above: __ _ _. _. ._._. _ __ Capacity(ies)Claimed by Signer(s) Signer'sName:��..b,,,. _--���_ Signe�'sName:�-- ____- ------_ _ ��l individual ' : individual ._:I Corporate Officer—Title(s): [=1 Corporate Officer—Title(s):___ _.__.__._ ____.___. C) Partner—1 �Umited i: General [:l Partner—i 1 Limited i:-�;General Attorney In Fact C�Attorney in Fact �i Trustee Top of thumb here ;')'fUSt@6 Top ol thurr�b here Guardan or Conservator ❑(3uardian or Conservator Other: [_�Other: .___._.__..�._____. Signer Is Representing: 5igner Is Represe�ting� 020D7NaKnelNOWyAs�OC1aY0n•996ppe$otpAvp P.O.Bmc2402+ChMcworfi.CA9131321Q2•www.Na6DimNralaryorp Item159D7 HedderCdTp�F�se1�800�876sB27 CALIFORNlA AL4PURPOSE ACKNOWLEDGMENT cr,cr,c>�,�r�.rescr.ce^,�.r,c�t�.i�r.e.���ncr.�r.cr.r�.c�'�.c�c^�.�t'=��,�.,�C',�r,�c-�r.�~fi,�`.er.cr�c�r.�.r_.�e.�racr.���c:,�C State of Califomia County of �\UQ.�S 1�� __� On�`���C�! before me, ��zS.c'�cx . ����.1 St.�t� , Dae —�� n me end e ar — personally appeared �j�� �,Y" .__ —_— �s►a s� _ —__ _______ _ _. ___.... who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s) is/are subscribed to the within instrument and acknowiedged to me that he/she/they executed the same in his/her/their authorized �. capaaty(ies), and that by his/hedtheir signature(s) on the KYIE CORMAC CASSIOY instrument the person(s), or the entity upon behalf of Comnraa�on�1850419 Which the person(s)acted, executed the inst�ument. � �• NaHy�a�c-c�non�. Ahrorside Cornty Comm.E iros M 22,2pt9 I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS m . Signature Plece Notery Seal AbOve Sqnehae t�btery Pudk 4PTlONAL rnougn me lnrormadon below is nor requtred by law,ir may proMe ve�uawe ro pe.sons naly;ng on me aocumer►t and eaould previent freudufent rgmova/and reattach�ent ol this/orm to another document Descriptton of Attached Document TiUe or Type of Document:�=�-i���i�l�'_'_�L�;�� `� .� �_ Document Date:.�1 L�,__ _ __----- _ Number of Pages: _ - - Signer(s)OtherThan Named Above: _ __ _. _ _ _ _ capaci�y�ies�c�aimea by s�g�er�s� Signer's Name: ��i��'��1�.._ _ _.. Signer's Name: _ ___ �) Individual In�vidual C� Corporate Officer—TiUe(s): Corporate Of�cer—Tine(s): __. Partner—L ' Limited i 1 General Partner—! 1 Limited .General _� Attomey in Fact Altorney m Fact `�i TfUS1@e ToR a�humb here Trustee rop a�rwmb ne�e �"! Guardian or Conservator Guardian or Conservator i. Other: Other:___.__.___..�.__.____ Signer!s Represeming: Signer!s Representing:� OZ007 NMael NoWY Aeeo�tOn•9:�..+0 D!9Wo Aw PO 8ar 2102•Cfa�ortl�CA 913132402•wrwr NaOonMrat6iycag Mom M59p7 RaoNx Caf TaLRes/800�878�8827 Company Profile Page 1 of 2 Company Pro�le SURETEC INSURANCE COMPANY 952 ECHO LANE, SUITE 450 HOUSTON, .TX 77024 Agent for Service of Pracess JERE KEPRIOS,C/O CT CORPORATION SYSTEM 818 WEST SEVENTH STREET,2ND FLOOR LOS ANGELES,CA 90017 JERE KEPRIOS,C/O CT CORPORATION SYSTEM 818 WEST SEVENTH ST LOS ANGELES,CA 90017 iJnable to Locate the A�ent fior Seiwice of Process? Reference�nformation NAIC#: 10916 NAIC Group#: 0000 California Company ID#: 4914-8 Date authorized in California: October 24,2005 License Status: LTNLIMITED-NORMAL Company Type: Property&Casua�ty State of Domicile: TEXAS I.ines of Insurance Authorized to Transact The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms,please refer to the lossar -. SURETY Company Complaint Information Comnanv Ei�forcement Ac�ion Dacuments Companv Peri�ornia�ice&Comparison Data Coinposite Complaint Studies Want More? httn://interactive.web.insurance.ca.gov/webuser/idb co nrof utl.¢et co nrof?n EID=105... 3/1 7120 1 1 IMPROVEMENT AGREEMENT DATE OF AGREEMENT:, t1ar�1n ��7 ,201� . NAME OF DEVELOPER: S;,,,��_a �� (referred to as"DEVELOPER'�. NAME OF DEVELOPMENT: 3�� V.,����� (referred to as"DEVELOPMENT"). DEVELOPMENT RESOLUTION OF APPROVAL NO.: Resolution �(D -- j �� (referred to as"Resolution of Approval") IMPROVEMENT PLANS NO.: � — �Jr-] (referred to as"Irrtprovement Plans"). ESTIMATED TOTAL COST OF IMPROVEMENTS:$ 59'� ac� a SURETY: SUr��1 eC I hSu Y�nC'o Ca�n�,�c 1 LETTER OF CREDITBOND NOS.: This Agreement is made and entered into by and between the City of Palm Desert,a municipal corporation of the State of California,hereinafter refened to as"CITY",and the DEVELOPER. 99999 09999�5760340.1 RECITALS A. DEVELOPER has presented to CITY for approval a Conditional Use Permit/Precise Plan of Development pursuant to provisions of the CITY's ordinances and regulations relating to development approval. B. A Conditional Use Permit/Precise Plan of Development has been approved, subject to the requirements and conditions contained in the Resolution of Approval. The Resolution of Approval is on file in the Office of the Director of Community Development and incorporated into this Agreement by reference. C. In consideration of the approval of a Conditional Use PermitlPrecise Plan of Development for the DEVELOPMENT by the Planning Commission, DEVELOPER desires to enter into this Agreement, whereby DEVELOPER promises to install and complete, at DEVELOPER's own expense, all the public improvement work required by CITY in connection with the proposed DEVELOPMENT. DEVELOPER has secured this Agreement by improvement security required by the City and approved by the City Attorney. D. Complete Improvement Plans for the construction, installation, and completion of the improvements have been pregared by DEVELOPER and approved by the City Engineer. The Impmvement Plans numbered as referenced previously in this Agreement are on file in the Office of the City Engineer and are incorporated into this Agreement by this reference. All references in this Agreement to the Improvement Plans shalt include reference to any specifications far the improvements as approved by the City Engineer. E. An estimate of the cost for construction of the public improvements and performing land developmerit work in connection with the improvements according to the Improvement Plans has been made and has been approved by the City Engineer. The estimated amount is stated on 99999 0999915760340.1 Page l of this Agreement.The basis for the estimate is on file in the 4ffice of the City Engineer and is incorporated into this agreement by reference. F. CITY has adopted standards for the construction and installation of improvements within the CITY. The Improvement Plans have been prepazed in conformance with CITY standards in effect on the date of the Resolution of Approval. NOW,THEREFORE,in consideration of the approval of the DEVELOPMENT, DEVELOPER and CITY agree as follows: (1)DEVELOPER's Obligation to Construct Impravements. DEVELOPER sha1L• (a) Comply with all the requirements of the Resolution af Approval, and any amendments thereta (b) Complete at DEVELOPER's own expense, all the public improvement work required by the Resolution of Approval in conformance with approved Improvement Plans within one year from date of execution of this Agreement. (c) Fumish the necessary materials for completion of the public improvements in conformity with the Improvement Plans. (d) Acquire,or pay the cost of acquisition by CITY, and dedicate all rights of- way,easements and other interests in real property for construction and installation of the public improvements, free and clear of all liens and encumbrances. The DEVELOPER's abligations with regard to acquisition by CITY of off-site rights- of-way, easements and other interests in real property shall be subject to a separate agreement between DEVELOPER and CITY. �o��sy�ao i 3 DEVELOPER sha11 also be responsihle for obtaining any public or private sanitary sewer,domestic water,drainage,and/or utility easements or authorization to accommodate the DEVELOPMENT. (e) Commence construction of the improvements by the time established in Section (21) of this Agreement and complete the improvements by the deadiine stated in Section (1)(b) above, unless a time extension is granted by the CITY as authorized in Section(21). � (2) Acquisition and Dedication of F�asements or Ri ts-of-Way. If any of the public improvernent and land use development work contemplated by this Agreement is to be constructed or installed on land not owned by CITY or DEVELOPER, no construction or installation shall be commenced before: (a) The offer of dedication to CITY of appropriate rights-of-way, easements or other interests in real property,and appropriate authorization from the property owner to allow construction or installation of the improvements or work, ar (b) The dedication to, and acceptance by, CITY of appropriate rights-of way, easements or other interests in real property,as determined hy the City Engineer,or (c) The issuance by a court of competent jurisdiction pursuant to the State Eminent Domain Law of an order of passession. DEVELOPER shall comply in all respects with the order of possession. Nothing in this Section(2)shall be construed as authorizing ar granting an extension of time to DEVELOPER. �.o�n�s�6o�ao.i 4 (3) ecuri . DEVELOPER shall at all times guarantee DEVELOPER's performance by ftirnishing to CITY, and maintaining, good and sufficient security as required on forms approved by CITY for the purposes and in the amounts as follows: (a) to assure faithful performance of this Agreement in regard to said improvements in an amount of 100% of the estimated cost of the improvements; and (b) to secure payment to any contractor, subcontractor, persons renting equipment, or furnishing labor and materials for the improvements required to be constructed and installed pursuant to this Agreement in the additional amount of 50%of the estimated cost of the improvements;and The securities required by this Agreement shall be kept on file with the City Clerk. The terms of the security documents referenced on page 1 of this Agreement are incorporated into this Agreement by this reference.If any security is replaced by another approved security,the replacement shall: 1)comply with all the requirements for security in this Agreement;2)be provided to the City Engineer to be filed with the City Clerk and,upon filing,3)shall be deemed to have been made a part of and incorporated into this Agreement. Upon provision of a replacement security with the City Engineer and filing of a replacement security with the City Clerk,the former security may be released. (4) Alterations to Improvement Plans. (a) Any changes, alterations or additions to the Improvement Plans not exceeding ten percent (10%} of the original estimatal cost of the improvements, which are mutually agreed upon by CITY and DEVELOPER, shall not relieve the improvement security given for faithful performance of this Agreement. In the �o�ms��o3aa� S event such changes, alterations, or additions exceed 10% of the original estimated cost of the improvement, DEVELOPER shall provide improvement security for faithfiil performance as required by Section(3) of this Agreement for one hundred percent(100%)of the total estimated cost of the improvements as changed,altered, or amended, minus any completed partial releases allowed by Section (6) of this Agreement. (b) The DEVELOPER shall construct the improvements in accordance with CITY standards in effect at the time of adoption of the Resolution of Approval. CITY reserves the right to modify the standards applicable to the DEVELOPMENT and ihis Agreement, when necessary to protect the public safety or welfare or comply with applicable state or federal law or CITY zoning ordinances. If DEVELOPER requests and is granted an extension of time for completion of the improvements, CTTY may apply the standards in effect at the time of the extension. (5) Inspection. DEVELOPER shall at all times maintain proper facilities and safe access for inspection of the public impmvements hy CITY inspectors and to the shops wherein any work is in preparation. Upon completion of the work, DEVELOPER may request a final inspection by the City Engineer, or the City Engineer's authorized representative. If the City Engineer, or the designated representative, determines that the work has been completed in accordance with this Agreement,then the City Engineer shall certify the cflmpletion of the public improvements to the City Council.No improvements shall be finally accepted unless a11 aspects of the work have been inspected and completed in accordance with the Improvement Plans. When applicable law requires an inspection to be made by City at a particular stage of the work of constructing and installing such improvements, CiTY shall be given timely notice of DEVELOPER's readiness for such inspection and DEVELOPER �ax��s�6o3ao.t G shall not proceed with additional work until the inspection has been made and the work approved. DEVELOPER shall beaz all costs of inspection and certification. No impmvements shall be deeme+d completed until accepted pursuant to Section(16)herein. (6) Release of Securities. The securities required by this Agreement shall be released as following: (a) Security given for faithful performance of any act, obligation, work or agreement shall be released upon the final completion and acceptance of the act or work, subject to the provisions of subsection(b)hereof. (b) The City Engineer may release a portion of tlie security given for faithful performance of improvement work as the improvement progresses upon application thereof by the DEVELOPER; provided, however, that no such release shall be for an amount less than twenty-five percent (25%) of the total improvement security given for faithful performance af the improvement work and that the security sha11 not be reduced to an amount less than fifty percent (SO�o)of the total improvement security given for faithful performance until final completion and acceptance of the improvement work. In no event shall the City Engineer authorize a release of the improvement security which would reduce such security to an amount below that required to guarantee the completion of the improvement work and any other obligarion imposed by this Agreement. (c} Security given to secure payment to the contractor, his or her subcontractors and to persons furnishing labor,materials or equipment shall,at six(6)months after completion and acceptance of the work, be reduced to an amount equal to no less than 125%of the total claimed by all claimants for whom liens have been filed and of which notice has been given to the CITY,plus an amount reasonably determined �o��s�bo3aa.i 7 by the City Engineer to be required to assure the performance of any other obligations secured by the Security. The balance of the security shall be released upon the settlement of all clauns and obligations for which the security was given. (d) CITY may retain from any security released, an amount sufficient to cover costs and reasonable expenses and fees,including reasonable attorneys' fees. (7) Iniury to Public Improvements, Public PropertY or Public Utilities Facilities. DEVELOPER shall replace or repair or have replaced or repaired, as the case may be, atl public improvements,public utilities facilities and surveying or subdivision monuments which are destroyed or damaged as a result of any work under this Agreement. DEVELOPER shall beaz ihe entire cost of replacement or repairs of any and all public or public utility property damaged or destroyed by reason of any work done under this Agreement, whether such property is owned by the United States or any agency thereof,or the State of Califomia,or any agency or political subdivision thereof, or by CITY or any public or private utility corporation or by any combination of such owners. Any repair or replacement shall be to the satisfaction,and subject to the approval,of the City Engineer. (8) Permits. DEVELOPER shall, at DEVELOPER's expense, obtain all necessary permits and licenses for the construction and instailation of the improvements, give all necessary notices and pay all fees and taxes required by law. (9) Default of DEVELOPER. (a) Default of DEVELOPER shall include,but not be limited to, (1) DEVELOPER's failure to timely commence construcdon of this Agreement; (2) DEVELOPER's failure to timely complete construction of the impmvements; 99999 0999915760340.1 g (3) DEVELOPER's failure to timely cure any defect in the improvements; (4) DEVELOPER's failure to perform substantial construction work for a period of twenty(20)calendar days after commencement of the work; (5) DEVELOPER's insolvency, appointment of a receiver, or the filing of any petition in bankruptcy either voluntary or involuntary which DEVELOPER fails to discharge within thirty{30)days; (6) the commencement of a foreclosure action against the DEVELOPMENT or a portion thereof, or any conveyance in lieu or in avoidance of foreclosure;or ('n DEVELOPER's failure to perform any other obligation under this Agreement. (b) CITY reserves to itself all remedies available to it at law or in equity for breach of DEVELOPER's obligations under this Agreement. CITY shall have the right, subject to this Seciion, to draw upon or ufilize the appropriate security to mitigate CITY's damages in event of default by DEVEL4PER. The right of CITY to draw upon or utilize the sectuity is additional to and not in tieu of any other remedy available to CITY. It is specifically recognized that the estimated costs and security amounts may not reflect the actual cost of construction ar installation of the irnprovements and, therefore, CITY's damages for DEVELOPER's default shall be measured by the cost of completing the required improvements. The sums provided by the irnprovement security may be used by CITY for the completion of the public improvements in accordance with the improvement plans and specifications contained herein. �.o�xrn5�bo3ao,i 9 (c) In the event of DEVELOPER's default under this Agreement, DEVELOPER authorizes CITY to perform such obligation twenty (20) days after mailing written notice of default to DEVELOPER and to DEVELOPER's surety, and agrees to pay the entire cost of such performance by CITY. CITY may take over the work and prosecute the same to completion, by contract or by any other method CITY may deem advisable, for the accaunt and at the expense af DEVELOPER, and DEVELOPER's surety shall be liable to CITY for any excess cost or damages occasioned CITY thereby. In such event, CITY, without liability for so doing, may take possession of, and utilize in completing the work, such materials,appliances,plants and other property belonging ta DEVELOPER as may be on the site of the work and necessary for performance of the work. (d) Failure of DEVELOPER to comply with the terms of this Agreement shall constitute consent to the filing by CITY of notice of violation against all proposed improvements in the DEVELOPMENT, or to rescind the approval or atherwise revert the DEVEL4PMENT to acreage. The remedy provided by this subsection(c) is in addition to and not in lieu of ather remedies available to CIT'Y. DEVELOPER agrees that the choice of remedy or remedies far DEVELOPER's breach shall be in the discretion of CITY. (e) In the event that DEVELOPER fails to perform any obligation hereunder, DEVELOPER agrees to pay all costs and expenses incurred by CITY in securing performance of such obligations, including but not limited to fees and charges of architects,engineers,attorneys,other professionals,and court costs. �.o�+s�6o�ao� lU (� The failure of CIT'Y to take an enforcement action with respect to a default, or to declare a breach, shall not be construed as a waiver of that default or breach or any subsequent default or breach af DEVELOPER. (10) DEVELO�'ER Not Agent of CITY. Neither DEVELOPER nor any of DEVELOPER's agents, contractors or subcontractors are or shall be considered to be agents of CITY in connection with the performance of DEVELOPER'S obligations under this Agreement. (11) Jur�to Work. Until such time as the improvements are accepted by CITY, DEVELOPER shall be responsible for and bear the risk of loss to any of the improvements constructed or installed. Until such time as all improvements required by this Agreement are . fully completed and accepted by CITY, DEVELOPER will be responsible for the care, maintenance of, and any damage to such improvements. CITY shall not, nor shall any ot�icer or employee thereof, be liable or responsible for any accident, loss or damage,regardless of cause, happening or occurring to the work or improvements specified in this Agreement prior to thc completion and acceptance of the work or improvements. All such risks shall be the responsibility of and are hereby assumed by DEVELOPER. (12) Warrar►tv. DEVELOPER sha11 guarantee or warranty the work done pursuant to this Agreement for a period of one year after final formal acceptance of the improvements by the City Council against any defective work or labor done or defective materials furnished. If within the warranty period any work or improvement or part of any work or improvement done, furnished, installed, or constructed by DEVELOPER fails to fulfill any of the requirements of this Agreement or the improvement plans and specifications referred to herein, DEVELOPER shall without delay and without any cost to CITY, repair or replace or reconstruct any defective or otherwise unsatisfactory part or parts of the work or structure. �o��s�bo3ao.i l l Should DEVELOPER fail to act promptly or in accordance with this requirement, DEVELOPER hereby authorizes CITY, at CITY's option, to perform the work twenty (20) days after mailing written notice af default to DEVELOPER and to DEVELOPER's surety,and agrees to pay the cost of such work by CITY. Should CITY determine that an urgency requires repairs or replacements to be made before DEVELOPER can be notified, CITY may, in its sole discretion,make the necessary repairs or replacement or perform the necessary work and DEVELOPER shall pay to CITY the cost of such repairs. (13) Environmental Warrantv. Priar to the acceptance of any dedications or improvements by CITY, DEVELOPER shall certify and wazrant that neither the property to be dedicated nor DEVELOPER is in violation of any environmental law and neither the property to be dedicated nor the DEVELOPER is subject to any existing, pending or threatened investigation by any federal, state or local governmental authority under or in connection with environmental law.Neither DEVELOPER nor any third party will use,generate,manufacture, produce, or release, on, under, or about the property ta be dedicated, any hazardous substance except in compliance with all applicable environmental Iaws. DEVELOPER has not caused or permitted the release of, and has no knowledge of the release or presence of, any hazardous substance on the pmperty to be dedicated or the migration of any hazardous substance from or to any other property adjacent to, or in the vicinity of, the property to be dedicated. DEVELOPER's prior and present use of the property to be dedicated has not resulted in the release of any hazardous substance on the property to be dedicated. DEVELOPER shall give prompt written notice to CITY at the address set forth herein of: (a) Any proceeding or investigation by any federal, state or local governmental authority with respect to the presence of any hazardous substance on the property to 99999 0999915760340.I 12 be dedicated or the migratian thereof from or to any other property adjacent to, or in the vicinity of,the property to be dedicated; (b) Any claims made or threatened by any third party against CITY or the property to be dedicated relating to any loss or injury resulting from any hazardous substance;and, (c) DEVELOPER's discovery of any occurrence or condition on any property adjoining in the vicinity of the property to be dedicated that could cause the property to be dedicated or any part thereof to be subject to any restrictions on its ownership,occupancy,use for the purpose for which is it is intended,transferability or suit under any envirorunental law. (14) Qther Agreements. Nothing contained in this Agreement shall preclude CITY from expending monies pursuant to agreements concurrently or previously executed between the parties, or from entering into agreements with other developers for the apportionment of costs of water and sewer mains, or other improvements, pursuant to the provisions of the CITY ordinances providing therefore,nor shall anything in this Agreement commit CITY to any such apportionmen� (15) DEVELOPER'S Obti�ation to Warn Public During Construction Until forn�a! final acceptance of the improvements, DEVELOPER shall give good and adequate waming to the public of each and every dangerous condition eacistent in said improvements,and will take all reasonable actions to protect the public frora such dangerous condition. (16) Vesting of Ov►mership. Upon formal final acceptance af the work by CITY and recordation of the Resolution of Acceptance of Public Improvements, ownership of the improvements conshucted pursuant to this Agreement shall vest in CITY. �.o��s��o3ao.i 13 (17) Final Acceptance of Work. Acceptance of the work on behalf of CITY shall be made by the City Council upon recommendation of the City Engineer after final completion and inspection of all impmvements. The City Council shall act upon the Engineer's recommendation within sixty(60) days from the date the City Engineer certifies that the work has been finally completed, as provided in Section (6). Such acceptance shall not constitute a waiver of defects by CITY. (18) Indemniri/Hold Hazmless. CITY or any officer or employee thereof shall not be liable for any injury to persons or property occasioned by reason of the acts or omissions of DEVEL�PER, its agents, or emplayees, contractors and subcontractors in the performance of this Agreement. DEVELOPER further agrees to protect, defend, indemnify and hold harmless CIT�,its officiats,boards and commissions,and members thereof,agents and employees from any and all claims, demands, causes of action, liability or loss of any sort, because of, or arising out of, acts or omissions of DEVELOPER, its agents, emplayees, contractors and subcontractors in the performance of this Agreement, except for such claims, demands,causes of action, liability, or loss arising out of the sole active negligence of the CITY, its officials, boards, commissions, the members thereof, agents, and employees, including all claims, demands, causes of action, liability, or loss because af, or arising out of, in whole or in part, the design or construction of the improvements. This indemnification and agreement to hold harmless shall extend to injuries to persons and damages or taking of properry resulting from the design or construction of said DEVELOPMENT,and the public impmvements as provided herein,and in addition,to adjacent property owners as a consequence of the diversion of waters from the design and construction of public drainage systems, streets and other pubiic improvements. Acceptance by CtTY of the improvements shall not constitute an assumption by CITY of any responsibility for any damage or taking covered by this Section. CITY shall not be �o�s�so3ao.� 14 responsible for the design or construction of the property to be dedicated or the improvements pursuant to the approved impmvement plans or map,regardless of any negligent action or inaction taken by CITY in approving the plans or map, unless the particular improvement design was specifically required by CITY over written objection by DEVELOPER submitted to the City Engineer before approval of the particular improvement design,which objection indicated that the particular improvement design was dangerous or defective and suggested an alternative safe and feasible design. After acceptance of the improvements,the DEVELOPER shall remain obligated to eliminate any defect in design or dangerous condition caused by the design or construction defect; however, DEVELOPER shall not be responsible for routine maintenance. Provisions of this Section shall remain in full force and effect for ten(10)years following the acceptance by CITY of the improvements.It is the intent of this Section that DEVELOPER shall be responsible for all liability for design and construction of the improvements installed or work done pursuant to this Agreement and that CITY shall not be liable for any negligence,nonfeasance,misfeasance or malfeasance in approving,reviewing,checking,or inspecting any work ar construction.The improvement security shall not be required to cover the provisions of this Section. DEVELOPER shall reimburse CITY for all costs and expenses(including but not limited to fees and charges of azchitects,engineers,attorneys,and other professionals,and court costs) incurred by CITY in enforcing the provisions of this Section. (19) Personal Nature of DEVELOPER'S Obli ations All of DEVELOPER's obligations under this agreement are and shall remain the personal obligations of DEVELOPER notwithstanding a transfer of all or any part of the property w�thin the DEVELOPMENT subject to this Agreement, and DEVELOPER shall not be entitled to assign �o����o�ao.i 1 S its obligations under ttus Agreement to any transferee af all or any part of the property within the DEVELOPMENT or to any other third party without the express written consent of CITY. (20) Sale or Disposition of DEVELOPMENT. Seller or other DEVELOPER may request a novation of this Agreement and a substitution of security. Upon approval of the novation and substitudon of securities,the DEVELOPER may request a release or reduction of the securities required by this Agreement. Nothing in the novation shall relieve the DEVELOPER of the obligations under Section (17) for the work or improvement done by DEVELOPER. (21) Time of the Essence. Time is of the essence in the performance of this Agreement. (22) Time for Commencement of Work; Time Extensions. DEVELOPER shall commence substantial construction of the improvements required by this Agreement not later than six (6) months after the date of this Agreement. In the event good cause exists as determined by the City Engineer,the time for commencement of construction or completion of the improvernents hereunder may be extended for a period or periods nat exceeding a total of two (2)additional years. The extension shall be executed in writing by the City Engineer. Ariy such extension may be granted without notice to DEVELOPER's surety and shall not affect the validity of this Agreement or release the surety or sureries on any security given for this Agreement. The City Engineer shall be the sole and final judge as to whether or not good cause has been shown to entitle DEVELOPER to an extension. Deiay, other than delay in the commencement of work, resulting from an act of CITY, act of God, or by storm or inclement weather,strikes,boycotts or similar political actions which prevents the conducting of work,which DEVELOPER could not have reasonably foreseen and, furthermore, were not caused by or contribut� to by DEVELOPER, shall constitute good cause for and extension af the time for completion. As a condition of such extension, the City Engineer may require DEVELOPER to v�o�xns�bo3ao� 16 furnish new security guaranteeing performance of this Agreement as extended in an increased amount as necessary to compensate for any increase in construction costs as determined by the City Engineer. (23) No Vestin�of Ri h�ts. Performance by DEVELOPER of this Agreement shall not be construed to vest DEVELOPER's rights with respect to any change in any zoning or building law or ordinance. (24) Notices• All notices required or provided for under this Agreement shall be in writing and delivered in person or sent by mail, postage prepaid and addressed as provided in this Section.Notice shall be effective on the date it is delivered in person, or, if mailed,on the date of deposit in the United States mail.Notices shall be addressed as follows unless a written change of address is filed with the City: Notice to CITY: City of Palm Desert 73-510 Fred Waring Drive Palm Desert,California 92260 Attn: Public Warks D'erector Notice to DEVELOPER: 5;,�,�k � S�l.'�f �' ��a SNd,sK t • r'. �G P6f 41?ti c �i., S�' 1 e� L�} 4 O.Z�� Natice to SURETY: �v�_d �,,r.d,L, r+tso? ver*#y.r•+• q�..� 'Tsr:w.�.� �.�---91��� (25) Compliance With Laws. DEVELOPER, its agents, employees, contractors and subcontractors shall comply with all federal, state and local laws in the performance of the improvements and land development work required by this Agreement. �s o�s�6o3ao� 17 (26) Severabilitv. The provisions of this Agreement aze severable. If any portion of this Agreement is held invalid by a court of competent jurisdiction,the remainder of the agreement shall remain in fiill force and effect unless amended or modified hy the mutual consent of the parties. (27) Captions. The captions of this Agreement are for convenience and reference only and shall not define,explain,modify,limit,exemplify,or aid in the interpretation,construction or meaning of any pmvisions of this Agreement. (28) Litigation or Arbitration. In the event that suit or arbitration is brought to enforce the terms of this Agreement, the prevailing party shall be entitled to litigation costs and reasonable attorneys' fees. (29) Incorporation of Recitals. The recitals to this Agreement are hereby incorporated into in the terms of this Agreement. (30) Entire Apreement. This Agreement constitutes the entire agreement of the parties with respect to the subject matter. All modifications, amendments, or waivers of the terms of this Agreement must be in writing and signed by the appropriate representatives of the�arties. (31) Interpretation. This Agreement shall be interpreted in accordance with the laws of the State of California. (32) Jurisdiction. Jurisdiction of all disputes over the terms of this Agreement shall be in the County of Riverside,State af California. �.o��s�6o�o.� 18 IN WITNESS WHEREOF,this Agrcement is executed by the parties as of the date hereinabove first written; by CITY,by and through its Mayor. CITY OF PALM DESERT DEVELOPERS �,,•�w�b:Z �►'w'dw� r�'�.���t By. DEVELOPER MAYOR ATTEST CITY CLERK APPROVED AS TO FORM: CITY ATTORNEY �.o�s�6o3aa i 19 KYLE C�iMAC CASSiov STATE OF CALIFORNIA ) comm�awa a te5wt9 � Not�ry PuWk-cdNornla COUNTY OF RNERSIDE ) �M���� �1g On 1�'�����\1 ,2010 before me, �,,,_(`.�.r�•�a��`���Notary Public,personally appeared �r�,�„ 1Lt��r�`r ,who proved to me on the basis of satisfactory evidence to be the person{s)whose name(s}is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies),and that by his/her/their signature(s)on the instnunent the person(s),or the entity upon behalf of which the person(s)acted,executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of Califomia that the foregoing paragraph is true and correct. WITNESS my hand and o icaars . f ; .___��_. ______ Signa :� � (seal) �.o�s�bo3ao i VICINITY MAP VINEYARDS PROJECT ��, tr � � � � �►�� Q � . N�1/fitSl�f-Pkfi1F-BR�Vf tiEft-[�Rii/fiNESr7'� �� 'A� �� r ,� vtrv�rnRos � W � � 0 � ��� � � . � i - +F-s�r��r-�a-t���r -- _ ____ F Legend O p 1:3,883 -�- Circulation Network — Streets j_� City Boundary ❑ Parcels(4/2011) Notes