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HomeMy WebLinkAbout1992-480 .. . 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 , RESOLUTION NO. 92-480 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF AN AGREEMENT BY AND BETWEEN THE CITY OF SAN BERNARDINO AND THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO REGARDING SUBDIVIDION IMPROVEMENTS. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The Mayor is hereby authorized and directed to execute on behalf of said City an agreement by and between the City of San Bernardino and the Community Development Commission of the City of San Bernardino relative to guaranteeing the provision of subdivision improvements, a copy of such agreement is attached hereto as Exhibit "A". SECTION 2. The authorization to execute the above- referenced agreement is rescinded if the parties to the agreement fail to execute it within sixty (60) days of the passage of this resolution. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a requ1ar meeting thereof, held on the 21st day of December ,1992, by the following vote, to wit: III III III III III III III III III lll\B/kfiolSUBDIVIS _RES I 1 Dec~r 16. 1992 ~ . 1 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF AN AGREEMENT BY AND BETWEEN THE CITY OF SAN 2 BERNARDINO AND THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO REGARDING SUBDIVISION IMPROVEMENTS. 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Council Members: AYES NAYS ABSTAIN ESTRADA x REILLY x HERNANDEZ x MAUDSLEY x MINOR x POPE-LUDLAM x MILLER x Ci~~ ~ The foregoing resolution is of':;;;). <::"Q.."-~\JE'_<<---- , 1992. .Q3A..d day Approved as to form and legal content: JAMES F. PENMAN, City Attorney By:~J ./ DlIB/kfillSUBDIVIS .RES] 2 nece.ber 16. 1992 . '\).; ,-\\:',1.-, A G R E E MEN T THIS AGREEMENT made and entered into this 21 day of December , 1992, by and between the Community Development Commission of the City of San Bernardino on behalf of the Development Department of the City of San Bernardino ("Department), and the City of San Bernardino, a charter City of the State of California ("City"): WITNESSETH: WHEREAS, by an Owner Participation Agreement, a copy of which is attached hereto and incorporated herein, the Redevelopment Agency of the City of San Bernardino ("Agency") and Sunlac Corporation agreed to certain rights and responsibilities between the parties relative to the construction of sixteen (16) homes in the Mt. Vernon Redevelopment Project Area, and WHEREAS, by a proposed Agreement for Subdivision Improvements between the City and Sunlac Corporation, a copy of which is attached hereto and incorporated herein, Sunlac will be bound to provide certain improvements as part of Tract 15093, relative to the above development, and WHEREAS, paragraph 10 of said Subdivision Agreement requires Sunlac to provide certain security for the development of the project, and WHEREAS, San Bernardino Municipal Code (Development Code) ~19.30.230.4 provides in pertinent part: "An agreement between the Development Department of the City and the City, approved by the City Attorney and unconditionally providing and guaranteeing that said Development Department shall provide any or all required improvements and pay the costs thereof pursuant to the provisions of this Chapter [19.30], and which pI Adges the full faith and credit of said Development Department, may be filed with the City Engineer as security in lieu of bond, cash, or certificate of deposit whenever the project is located in a redevelopment project area or the project is covered by a disposition and joint development agreement of which the City or Development Department is a party....", NOW, THEREFORE, the parties hereto agree as follows: 1. The Department hereby unconditionally provides and guarantees that the Department shall provide any and all required DAB:kfm[SUNLAC.AGR] - l improvements as shown on the Agreement (Subdivision Improvements) attached hereto, and pay the costs thereof, and pledges its full faith and credit for such guarantee. 2. All such improvements will be in compliance with the redevelopment plan for the Mt. Vernon Redevelopment Project Area and in furtherance of the public interest in promoting public or private development. 3. Pursuant to the provisions of San Bernardino Municipal Code (Development Code) S19.30.203.4, the City of San Bernardino hereby agrees to accept such guarantee in lieu of other securities when this Agreement is filed with the City Engineer, as provided in such section. 4. This Agreement applies only to the properties described on the attached agreement. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and date shown. By COMMUNITY DEVELOE of the Cit ino ::TE'f I~ ~ e etary content: By ATTEST: /-:-) fA,.1.. By .LA o..-{'j..z.t LL~/~ lSity Clerk Approved as to form and legal content: James F. Penman BY~ DAB:kfm[SUNLAC.AGR] -2-