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HomeMy WebLinkAboutCDC/2003-32 (See Companion Resolution 2003-279) RESOLUTION NO. CDC/2003-32 2 3 A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING AND AUTHORIZING THE EXECUTIVE DIRECTOR OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ("AGENCY") TO EXECUTE THE 2003 REDEVELOPMENT PROJECT STUDY AGREEMENT FOR PROPERTY ACQUISITION AND REDEVELOPMENT ASSISTANCE WITH J. R. WATSON & ASSOCIATES DEVELOPMENT CO., INC. RELATED TO PROPERTY OWNED BY THE CITY OF SAN BERNARDINO ("CITY") AND THE AGENCY NORTH OF FOOTHILL DRIVE, EAST OF STERLING AVENUE - WEST RIDGE RESIDENTIAL DEVELOPMENT 4 5 6 7 8 9 10 WHEREAS, the City of San Bernardino (the "City") is the current owner of that certain 11 real property consisting of approximately 136 acres located north of Foothill Drive and east of 12 Sterling A venue, APN 0155-361-55, in the City of San Bernardino (the "Property"); and 13 WHEREAS, the City is currently conducting analysis as to whether the Property is 14 necessary for the City's use; and 15 WHEREAS, subject to a final determination by the City as to the necessity of retaining 16 ownership of the Property for municipal purposes, the City desires to consider the disposition of 17 the Property to the Redevelopment Agency of the City of San Bernardino (the "Agency") pursuant to the provisions of the Charter of the City and the provisions of the Municipal Code, 18 including without limitation Section 2.65.050; and 19 20 WHEREAS, an MAl appraisal of the Property has been conducted by Smothers Appraisal (the "Appraiser") and the fair market value of the Property is Nine Hundred Fifty- 21 Five Thousand Dollars ($955,000); and WHEREAS, the Redevelopment Agency of the City of San Bernardino ("Agency") is 22 23 prepared to acquire the Property from the City pursuant to Health & Safety Code Section 24 33396; and 25 -1- P:\Agendas\Resolutions\Rcsulutions\2003\03.10-06 Watson COC Reso B.doc CDC/2003-32 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 WHEREAS, the Agency owns the parcel of land adjacent to the Property, comprised of approximately 8 acres (APN 0155-381-45) (the "Site") and the Site has been appraised by the Appraiser at $203,000, and the City and Agency desire to dispose of the Property and the Site for residential development purposes; and WHEREAS, the Agency through a "Request for Proposals" (RFP) process has determined that it is appropriate for the Agency to enter into a redevelopment project study agreement for property acquisition and redevelopment assistance ("Agreement") with 1. R. Watson & Associates Development Co., Inc. ("Developer") to coordinate the mutual feasibility assessment, development planning and consideration of the purchase and sale and redevelopment by the Developer of the Site and the Property subject to final action by the City with respect to the Property; and WHEREAS, it is anticipated that the Site and the Property may be developed with approximately 107 residential dwelling units, together with related on- and off-site improvements (the "Project"); and WHEREAS, in accordance with the provisions of the California Environmental Quality Act (CEQA), a redevelopment study agreement is exempt from the provisions ofCEQA. NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER, AS FOLLOWS: Section I. The Community Development Commission hereby authorizes and approves the Agreement by and between the Agency and Developer in the form as presented at the meeting of the Commission at which this Resolution is adopted and hereby authorizes the Executive Director to execute the Agreement on behalf of the Agency together with such technical and conforming changes as recommended by the Executive Director and approved by the City Attorney. Section 2. The Resolution shall become effective immediately upon its adoption. -2- P:\Agendas\Resolutions\Resolutions\2003\03-IO-06 Watson CDC Reso B.doc CDC/2003-32 2 A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING AND AUTHORIZING THE EXECUTIVE DIRECTOR OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ("AGENCY") TO EXECUTE THE 2003 REDEVELOPMENT PROJECT STUDY AGREEMENT FOR PROPERTY ACQUISITION AND REDEVELOPMENT ASSISTANCE WITH J. R. WATSON & ASSOCIATES DEVELOPMENT CO., INC. RELATED TO PROPERTY OWNED BY THE CITY OF SAN BERNARDINO ("CITY") AND THE AGENCY NORTH OF FOOTHILL DRIVE, EAST OF STERLING AVENUE - WEST RIDGE RESIDENTIAL DEVELOPMENT 3 4 5 6 7 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the 8 Community Development Commission of the City of San Bernardino at a j t. reg. meeting 9 10 thereof, held on the 6th day of Commission Members: Ayes ESTRADA X LONGVILLE ~ MCGINNIS X DERRY X SUAREZ X ANDERSON X MC CAMMACK ~ October ,2003, by the following vote to wit: Abstain Absent Nays II 12 13 14 15 16 17 18 19 The foregoing resolution is hereby approved this ~"1l-t day of October ,2003. 20 21 22 23 24 By: 25 -3- P:\Agendas\Resolutions\Resolutions\2003\03.10-06 Watson CDC Reso B.doc CDC/2003-32 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO 2003 REDEVELOPMENT PROJECT STUDY AGREEMENT FOR PROPERTY ACQUISITION AND REDEVELOPMENT ASSISTANCE (J. R. Watson & Associates Development Co., Inc. - West Ridge) THIS 2003 REDEVELOPMENT PROJECT STUDY AGREEMENT FOR PROPERTY ACQUISITION AND REDEVELOPMENT ASSISTANCE (this "Agreement") is dated as of October 6, , 2003 and is entered into by and between J. R. Watson & Associates Development Co., Inc., a California corporation (the "Developer"), and the Redevelopment Agency of the City of San Bernardino, a body corporate and politic (the "Agency"), to coordinate the mutual feasibility assessment, development planning and consideration of the purchase and sale and redevelopment of certain real property. A portion of such property (136.4 acres) is presently owned by the City of San Bernardino (the "City") and another portion of such property (8.12 acres) is presently owned by the Agency. The subject property includes in the aggregate approximately 144.52 acres of land and is generally situated north of Foothill Drive and east of Sterling Avenue in the City of San Bernardino. The subject property is more specifically described in the legal description and vicinity map attached hereto as Exhibit "A" and incorporated herein by this reference (the "Property"). It is anticipated that if the Developer acquires the Property, the Property will be developed with approximately 107 residential dwelling units, together with related on and off-site improvements (the "Project"). NOW THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND PROMISES SET FORTH HEREIN, THE DEVELOPER AND THE AGENCY HEREBY AGREE, AS FOLLOWS: 1. Developer Acknowledgments. a. The Developer hereby acknowledges and agrees that no provision of this Agreement shall be deemed to be an offer by the City or the Agency or an acceptance by the City or the Agency of any offer or proposal from the Developer to convey any interest in the Property, or a portion thereof, to the Developer. Any studies relating to the Property or the Project (as defined herein) that may be undertaken by the Developer, in its discretion shall be the sole responsibility of the Developer and shall not be deemed to be undertaken for the benefit of the City or the Agency. b. The City is not a party to this Agreement. c. The qualifications and identity of the Developer and its principals are of particular concern to the Agency. The Agency has relied on these qualifications and identity in entering into this Agreement with the Developer. During the term of this Agreement, no voluntary or involuntary successor-in-interest of the Developer shall acquire any rights or powers under this Agreement. The Developer shall not assign all or any part of this Agreement or any P:\Clerical Services Dept\Margarct\Agreements-Amendments\Agrmts~Amend 2003\03-10-06 Watson RPS.doc 1 qvJ CDC/2003-32 rights hereunder, without the prior written approval of the Agency Executive Director, which the Agency Executive Director may grant or refuse in his or her sole and absolute discretion. The Developer shall promptly notify the Agency in writing of any and all changes whatsoever in the identity of the business entities and individuals either comprising or in control of the Developer, as well as any and all changes in the interest or the degree of control of the Developer by any such party, of which information the Developer or any of its partners or officers have been notified or may otherwise have knowledge or information. Upon the occurrence of any significant or material change, whether voluntary or involuntary, in membership, ownership, management or control of the Developer (other than such changes occasioned by the death or incapacity of any individual) that has not been approved in writing by the Agency Executive Director, prior to the time of such change, the Agency may terminate this Agreement by serving written notice of such termination, referencing this section, on the Developer. 2. Term of Agreement. a. The rights and duties of the parties established by this Agreement following the approval of this Agreement by the governing body of the Agency and the acceptance of this Agreement by the Developer, as provided in Section 17 (the "Effective Date"). Following its Effective Date, this Agreement will continue in effect for a maximum time period set forth in Section 2.c. b. Prior to the date of this Agreement, Developer has completed the following study items and has determined that the Project is feasible and Developer and the Agency are now prepared to proceed to negotiate the form of a document entitled "Disposition and Development Agreement (WEST RIDGE)" with respect to the Property (the "Property DDA") for submission to the governing board of the Agency for final approval: (1) a financial feasibility study/analysis for the development of the Project has been completed by the Developer. Such financial feasibility analysis includes the assumption by the Developer (in response to the Agency's prior written request for qualifications of persons interested in the purchase of the Property) that the purchase price payable for the Property shall be an amount not less than $1,158,000; (2) a proposed conceptual development plan for the Project on the Property, attached hereto as Exhibit "B" and incorporated by this reference. c. This Agreement shall automatically terminate, without further notice or action, and be of no further force or effect on the last day of the ninth calendar (9th) month following the calendar month in which Effective Date occurs, unless prior to that time: (1) the Developer delivers its written notice to the Agency suspending its obligation to complete any of its studies and investigations relating to the Property and the Project whereupon this Agreement shall terminate and the parties shall be mutually released from any further obligation arising under this Agreement; or (2) the City delivers to the Executive Director of the Agency its written notice withdrawing the City-owned portion of the Property from consideration for P:\Clerical Services Dept\Margaret\Agrcemcnts-Amendments\Agrmls-Amend 2003\03-10-06 Watson RPS.doc 2 cr CDC/2003-32 disposition as surplus lands of the City, whereupon this Agreement shall terminate and the parties shall be mutually released from any further obligation airing under this Agreement; or (3) the parties execute the Property DDA for a specific program of disposition and redevelopment of the Property to be undertaken by the Developer, including other relevant community redevelopment covenants acceptable to the Agency and such other terms and conditions mutually acceptable to the parties, in which case this Agreement will terminate on the effective date of such Property DDA; or (4) the parties each agree to extend the term of this Agreement to a specific date, subject to the Agency first making a finding that satisfactory progress is being made to complete the activities to be performed by the Developer set forth in Section 2.d., as determined in the sole and absolute discretion of the Agency Executive Director. d. The initial term ofthis Agreement (and all extensions of time approved by the Agency) is referred to in this Agreement as the "Negotiation Period." e. During the Negotiation Period the Developer shall further identify the scope of the development project to be undertaken by the Developer on the Property, including the purchase of the Property from the Agency, subject to the completion of the appropriate findings by the City in its sole discretion, that certain portion of the Property as presently owned by the City are surplus to the municipal needs of the City. Promptly following the Effective Date the Developer shall commence preparation of preliminary engineering drawings and site plans for the development project it proposes for the Property, prepare subdivision maps, initiate the indicated entitlement process with the City and the Planning Commission, including the preparation of the necessary environmental documentation required under the California Environmental Quality Act ("CEQA") for the approval of such project by the City and commence the preparation of the Initial Study to be completed and approved for purposes of such CEQA review, by the City. Such CEQA documents prepared by the City shall be relied upon by the Agency (subject to final certification by the City) at the time of the consideration by the Agency of the final form of the Property DDA. During the Negotiation Period the parties shall proceed to prepare and negotiate the proposed form of the Property DDA. Within one hundred twenty (120) days following the Effective Date, the Developer shall prepare and deliver to the Agency a base map of the Property (prepared to scale with suitable monumentation or land survey references). Provided the Developer and the Executive Director of the Agency are satisfied with the proposed form of the Project DDA, such document shall be presented to the Agency at a noticed public hearing for final consideration and approval, together with the necessary CEQA documentation, to allow the Agency to consider the approval of the final form of the Property DDA. 3. The Proiect. A conceptual description of the "Project," as this term is used in this Agreement, is set forth in Exhibit "B." The description of functional elements of the Project is subject to further refinement and iteration by the Developer and the Agency as part of the studies and evaluations of the Property which the Developer may hereafter undertake. The Developer W P:\Clerical Services Dcpt\Margaret\Agreemenls-Amendments\Agrrnts-Amend 2003\03-10-06 Watson RPS.doc 3 CDC/2003-32 shall take all reasonable action, at the Developer's sole cost and expense, as necessary or convenient in the discretion for determining the feasibility of the redevelopment of the Project on the Property. 4. Obligations of the Developer. During the Negotiation Period, the Developer shall proceed diligently and in good faith to: (1) review and provide comments on draft versions of the Property DDA and, if acceptable to the Developer in its sole discretion, submit an executed copy of the final form of the Property DDA to the Agency Executive Director prior to the end of the Negotiation Period; (2) keep the Agency advised on the progress of the Developer in completing its obligations under this Agreement, on a regular basis or as requested by Agency staff; (3) pay all fees and expenses for engineers, architects, financial consultants, attorneys, planning and other consultants and contractors as required for the Developer to perform the Developer's obligations under this Agreement. The Agency shall not be obligated to payor reimburse any costs or fees incurred by the Developer to perform the Developer's obligations under this Agreement, whether or not any of the indicated work of the Developer's studies may be suspended or this Agreement is terminated prior to the end of the Negotiation Period. 5. Agencv Not To Negotiate With Others. a. Subject to the City taking final action with respect to a determination that the portion of the Property currently owned by the City is surplus lands to the municipal needs of the City, the Agency, currently, deems the disposition and redevelopment of the Property to be necessary and the Developer appears to be well qualified to undertake the task of planning the details of the sale of the Property by the Agency to the Developer and the redevelopment of the Project on the Property in a manner compatible with the objectives of the Agency's and City's goals. b. During the Negotiation Period, the Agency shall not negotiate with any other person or entity regarding either the disposition of the Property or the redevelopment of the Project on the Property. The term "negotiate", as used herein, shall be deemed to preclude the Agency from accepting any other offer or proposal from a third party to either acquire any interest in the Property (in whole or in part) or redevelop the Property, and from discussing other redevelopment proposals for the Property with third persons or entities; provided, however, any person may submit and the Agency may consider any proposal for the disposition and/or redevelopment of any lands adjacent to the Property. c. Notwithstanding any other provision of this Agreement, during the Negotiation Period, the Agency shall not be precluded from furnishing to persons or entities unrelated to the Developer information in the possession of the Agency relating to the redevelopment of any other land owned or controlled by the Agency in close proximity to the Property. The Agency may also provide any other information in its possession that would customarily be furnished to persons requesting information from the Agency concerning its 4 Cf P:\Clerical Services Dept\Margaret\Agreements-Amendments\Agrmts-Amend 2003\03-10-06 Watson RPS.doc CDC/2003-32 activities, goals, and matters of a similar nature or as required by law to be disclosed, upon request. 6. Agencv Cooperation. During the Negotiation Period, the Agency shall use its best efforts to: a. Assemble, at the request and sole expense of the Developer, written materials and documents relating to the Property that are in the possession of the Agency. The Agency shall also provide appropriate comment to the Developer with respect to one or more conceptual development plans, as may be proposed by the Developer for the Project, and the redevelopment of the Property, including, but not limited to, conceptual plans or studies of vacation, relocation, realignment or abandonment of public property and facilities, the installation and improvement of public improvements and environmental evaluation of the Project. b. Subject to the approval of the City with respect to such portion of the Property owned by the City, provide the Developer with limited access to the Property, during the Negotiation Period, for the purpose of conducting customary due diligence investigations thereon, including environmental investigations of the subsurface or any structure thereon, subject to the terms and conditions of a separate environmental investigation and inspection license agreement to be agreed upon by the Agency and the Developer, at some later date, if applicable. 7. Negotiation of Propertv DDA. During the Negotiation Period, the Agency and the Developer shall negotiate diligently and in good faith to prepare and enter into the Property DDA. Both of the parties shall exercise best efforts to complete discussions relating to the final terms and conditions of the Property DDA and such other matters, as may be mutually acceptable to the parties for the redevelopment of the Project on the Property, prior to the expiration of the Negotiation Period. 8. Consideration for this Agreement and Reservation of Rights. In consideration for the Agency's entering into this Agreement, the Developer will undertake its obligations under this Agreement and provide the Agency with copies of all studies and reports and other information generated by the Developer or its consultants regarding the Project or the Property. The parties agree that, if this Agreement terminates for any reason, if the Agency fails to extend the Negotiation Period, if the City fails to approve any related aspect of the Project on terms acceptable to the developer or if the Property DDA is not finally approved by the Agency, for any reason, neither party shall be under any further obligation to the other regarding the disposition, acquisition, reuse, redevelopment or development of the Project or the Property and upon the termination of this Agreement the Developer and the Agency shall be mutually released and discharged from any further obligation arising hereunder. 9. Planning and Design - Related Acknowledgments of the Parties. Certain development standards and design controls for the Project may be established between the Developer and the Agency in negotiation of or in the final form of the Property DDA, but it is understood by both parties that the Project and the redevelopment of the Property must also conform to City of San Bernardino development, design and architectural standards. The P:\Clerical Services Dept\Margaret\Agreements-Amendments\Agrmts.Amend 2003\03-10-06 Watson RPS.doc 5 vY CDC/2003-32 Agency shall fully cooperate with the Developer's professional associates in providing information and assistance in connection with the Developer's preparation of drawings, plans and specifications. Nothing in this Agreement shall be considered to be the approval of any plans or specifications for the Project by either the Agency or the City. The Developer hereby acknowledges and agrees that nothing in this Agreement shall be deemed to abridge or waive the discretionary power of the City, and its boards and commissions, under applicable law to approve, conditionally approve or reject the approval of the Project, or the disposition of the portion of the Property currently owned by the City to the Agency for disposition to the Developer under any such Property DDA. 10. Developer Financial Disclosures. The Developer acknowledges that it may be requested to make certain confidential financial disclosures to the Agency, its staff or legal counsel, as part of the financial due diligence investigations of the Agency relating to the potential disposition of the Property to the Developer. The parties recognize that such financial disclosures may contain sensitive information relating to other business transactions of the Developer, that the disclosure of such information to third parties could impose commercially unreasonable and/or anti-competitive burdens on the Developer and, correspondingly, diminish the value or fiscal benefit that may accrue to the Agency upon the disposition of the Property to the Developer, if terms for such disposition are mutually agreed upon. Accordingly, the Agency agrees to maintain the confidentiality of any business records described in Government Code Section 6254.15, as may be provided by the Developer to the Agency or its consultants, to the maximum extent permitted by law. The Agency shall not provide a copy of any business record protected from disclosure under Government Code Section 6254.15 to a third party, unless the Developer first consents to such disclosure in writing or, unless a court of competent jurisdiction compels disclosure. 11. Developer Acquires No Interest in Real Property or in the Property from the Agency. The Developer hereby acknowledges that it has not acquired and will not acquire, by virtue of the terms of this Agreement, any legal or equitable interest in the Property or in any other real or personal property from the Agency. 12. Nondiscrimination. The Developer shall not discriminate against nor segregate any person or group of persons on account of race, color, creed, religion, sex, marital status, handicap, national origin or ancestry in undertaking its obligations under this Agreement. 13. Compliance with Law. The Developer acknowledges that if mutually agreeable terms are established the provisions of the Property DDA will likely mandate the Developer (among other things) to carry out the construction of certain improvements in conformity with all applicable laws, including all applicable planning and zoning laws, environmental planning and safety laws and federal and state labor and wage laws. 14. Required Approvals. No Property DDA between the parties shall have any force or effect nor shall the Agency be deemed to be a party to any agreement for the disposition of real or personal property to the Developer, until the terms and conditions of the Property DDA are considered and approved by the governing body of the Agency, following the conclusion of a public hearing, as required by law. P:\Clerical Services Dept\Margaret\Agreements-Arnendments\Agrmts-Amend 2003\03-10-06 Watson RPS,doc 6 ~ CDC/2003-32 15. Press Releases. The Developer agrees to discuss any press releases it may propose relating to the Property with the Agency Executive Director or hislher designee, prior to publication, to assure accuracy and consistency of the information. 16. Notices. All notices required hereunder shall be presented in person or delivered by a nationally recognized overnight courier or shall be sent by FAX or by first class United States mail, postage prepaid, return receipt requested. Each such notice shall be deemed received and effective (i) if by personal delivery or delivery by overnight courier, upon such delivery; (ii) if given by FAX, when such FAX is transmitted to the FAX number specified below; and (iii) if given by mail, 72 hours after deposit thereof in the United States mail addressed as set forth below. Either party may change its address for receipt of notice by notifying the other party in writing. TO DEVELOPER: J. R. Watson & Associates Development Co. Inc. 101 Main Street, Suite A Seal Beach, California 90740 Attn: James R. Watson Telephone: (562) 430-0503 FAX: (562) 493-5860 TO AGENCY: Redevelopment Agency of the City of San Bernardino 201 North "E" Street, Suite 301 San Bernardino, California 92401 Attn: Gary Van Osdel, Executive Director Telephone: (909) 663-1044 FAX: (909) 888-9413 17. Acceptance of Agreement bv the Developer. The Developer shall acknowledge its acceptance of this Agreement by delivering to the Executive Director of the Agency on or before the fifth (5th) calendar day following the approval of this Agreement by the governing body of the Agency, three (3) counterpart executed copies of this Agreement signed by the authorized officers of the Developer. 18. Authority. Each signatory to this Agreement represents and warrants that he or she has the authority to execute this Agreement on behalf of the principal whom he or she purports to represent. 19. Disputes. If a dispute arises between the parties to this Agreement, the parties hereto agree to use the following procedure to resolve such dispute, prior to pursuing other legal remedies: a. A meeting shall be held promptly between the parties that will be attended by executive-level individuals representing each of the parties hereto, who will attempt in good faith to negotiate a resolution of the dispute. b. above, they may: If the parties are unsuccessful in resolving the dispute under subsection a, 7 Dr P:\Clerical Services Dept\Marga.ret\Agreements-Amendments\Agrmls-Amend 2003\03-10-06 Watson RPS.doc CDC/2003-32 (1) the Agency so agree); or agree to submit the matter to mediation (if both the Developer and (2) initiate litigation. c. If any party should bring an action against the other to enforce the terms of this Agreement, the prevailing party shall be entitled to recover its reasonable attorneys' fees and costs, as determined by a court of competent jurisdiction in said proceeding. The costs, salary and expenses of the City Attorney and lawyers employed by the Office of City Attorney to enforce this Agreement on behalf of the Agency shall be considered as "attorney's fees" for the purpose of the paragraph. 20. Default. If a party fails to fulfill any material obligation of this Agreement, the other party may give written notice to that party of such failure and, if that party fails to remedy such failure within ten (10) calendar days of receipt of such notice, the notifying party may terminate this Agreement by a second written notice and/or pursue whatever other legal or equitable remedies are available. 21. Governing Law; Venue. The parties hereto acknowledge that this Agreement has been negotiated and entered into in California. The parties hereto expressly agree that this Agreement shall be governed by, interpreted under, and construed and enforced in accordance with the laws of the State of California. Further, the parties to this Agreement hereby agree that any legal actions arising from this Agreement shall be filed in California Superior Court, in the Court of San Bernardino, Central District. 22. Partial Invalidity. If any term, provision or portion of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Agreement, or the application of such term or provision or portion thereof to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each such term and provision of this Agreement shall be valid and enforced to the fullest extent permitted by law. 23. No Intent to Create Third Party Beneficiaries. The parties intend that the rights and obligations under this Agreement shall benefit and burden only the parties hereto, and do not intend to create any rights in, or right of action to or for the use or benefit of any third party, including any governmental agency, who is not one of the parties to this Agreement. 24. Waivers. No waiver of any breach of any covenant or provision herein contained shall be deemed a waiver of any preceding or succeeding breach thereof, or of any other covenant or provision herein contained. No extension of the time for performance of any obligation or act to be performed herein shall not be deemed to be an extension of the time for performance of any other obligation or act to be performed under this Agreement. 25. Separate Proiect Study Agreements With the City. The Developer may enter into one or more separate study or cost sharing agreements with the City relating to the Project and any such agreement by and between the Developer and the City may provide for the Developer It P:\Clerical Services Dept\Margaret\Agreements-Amendments\Agrmts-Amend 2003\03-10-06 Watson RPS.doc 8 CDCj2003-32 to pay for certain costs or reimburse the City for certain expenses as may be set forth in such agreement. In the event that the Developer or the City may incur any obligation or liability under such an agreement with respect to the Property or the Project, the termination of this Agreement shall not affect the rights and duties of the City and the Developer under any such separate agreement. 26. Entire Agreement. This Agreement (including all Exhibits attached hereto) is the final expression of, and contains the entire agreement between, the parties with respect to the subject matter hereof and supersedes all prior understandings with respect thereto. This Agreement may not be modified, changed, supplemented or terminated, nor may any obligations hereunder be waived, except by written instrument signed by the party to be charged or by its agent duly authorized in writing or as otherwise expressly permitted herein. This Agreement may be executed in one or more counterparts, each of which shall be an original, and all of which together shall constitute a single instrument. 27. Time of Essence. Time is strictly of the essence with respect to each and every term, condition, obligation and provision hereof and that failure to timely perform any of the terms, conditions, obligations or provisions hereof by either party shall constitute a material breach of and a non-curable (but waivable) default under this Agreement by the party so failing to perform. 28. Construction. Headings at the beginning of each section, paragraph and subparagraph are solely for the convenience of the parties and are not a part of this Agreement. Whenever required by the context of this Agreement, the singular shall include the plural and the masculine shall include the feminine and vice versa. This Agreement shall not be construed as if it had been prepared by one of the parties, but rather as if both parties had prepared the same. Unless otherwise indicated, all references to sections are to this Agreement. All exhibits referred to in this Agreement are attached hereto and incorporated herein by this reference. (signature page to follow) 9 ~ P:\Clerical Services Dcpt\Margaret\Agreements-Amendments\Agrmts-Amend 2003\03-10-06 Watson RPS.doc CDCj2003-32 IN WITNESS WHEREOF, J. R. Watson & Associates Development Co. Inc., and the Redevelopment Agency of the City of San Bernardino execute this 2003 Redevelopment Project Study Agreement for Property Acquisition and Redevelopment Assistance on the dates indicated next to each of the signatures of their authorized representatives as appear below. DEVELOPER J. R. Watson & Associates Development Co. Inc., a California corporation Its Dated: O~ I? ~3 By: AGENCY Redevelopment Agency of the City of San Be ardino Date: /~ /z _3 h 3 / / By: APPROVED AS TO FORM: ~A- Agency' ounsel V SP<"C'"''') 10 CXr P:\Clerical Services Dcpt\Margarct\Agrccments-Amendmcnts\Agrmts-Amend 2003\03-] 0-06 Watson RPS.doc CDC/2003-32 EXHIBIT "A" Legal Description of the Property and Vicinity Map Water Department Property GOVERNMENT LOTS 5 AND 6 AND THE EAST 1/2 OF THE NORTIIWEST 1/4 OF SECTION 19, TOWNSHIP 1 NORm, RANGE 3 WEST, SAN BERNARDINO BASE AND MERIDIAN, IN THE COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, ACCORDING TO THE OFFICIAL PLAT OF SAID LAND ON FILE IN THE DISTRICT LAND OFFICE. EXCEPTING THEREFROM THAT PORTION CONVEYED TO THE SAN BERNARDINO COUNTY FLOOD CONTROL DISTRICT BY DEED RECORDED JANUARY 15, 1981, INSTRUMENT NO. 81-010575, OFFICIAL RECORDS. ALSO EXCEPTING THEREFROM ANY PORTION LYING WITHIN TRACT 11857, AS PER PLAT RECORDED IN BOOK 185 OF MAPS, PAGES 42 TO 49, INCLUSrVE, REcORDS OF SAID COUNTY. ALSO EXCEPTING THEREFROM ANY PORTION LYING WITIDN STERLING AVENUE. ALSO EXCEPTING THEREFROM ALL OIL, GAS AND OTHER MINERAL DEPOSITS IN 1RE LAND SO PATENTED, TOGETIIER WITH THE RIGHT TO PROSPECT FOR. MINE AND REMOVE THE SAME, ACCORDING TO THE PROVISIONS OF THE ACT OF CONGRESS OF JUNE 1, 1938, AS RESERVED IN THE PATENT RECORDED APRIL 15, 1983, IN BOOK 8409, PAGE 578, OFFICIAL RECORDS, AND RE-RBCORDED MAY 31,1974, IN BOOK 8442, PAGE 176, OFFICIM. RECORDS. ALSO EXCEPTING THEREFROM THAT PORTION OF GOVERNMENT LOTS 5 AND 6, SECTION 19, TOWNSIDP 1 NORTII, RANGE 3 WEST, SAN BERNARDINO BASE AND MERIDIAN, IN THE COUNfY OF SANBERNARDINO,STA"[EOF CALIRORNI~ '.' ACCORDING TO THE OFFICIAL PLAT, RECORDS OF SAN BERN.AltlJINOC9tJ"NTY, MORE PARTICULARLY DESCRIBED AS FOLLOWS: . . . COMMENCING AT TIIE NORTHERLY CENTERLINE INTERSECTION OF FOOTHlLL DRIVE AND STERLING AVENUE, AS SHOWN ON TRACT MAP NO.1 1857, RECORDED IN MAP BOOK 185, PAGES 42-49, RECORDS OF SAID COUNTY; THENCE NORTH 00005'45" WEST A DISTANCE OF 47.31 FEET; THENCE NORTH 00004'33" WEST A DISTANCE OF 2.00 FEE~; TImNCE NORm 00004'33" WEST A DISTANCE OF 109.21 FEET TO A POINT ON THE EASTBOUNDARYLlNE OF SAID TRACT MAP NO. 11851, SAID POINT BEING THE TRUE POINT OF BEGINNING; THENCE CONTINUING NORlHALONG SAID EAST BOUNDARY LINE, NORTH 00004'33" WEST A DISTANCE OF 921.64 FEET; Cf "A" - 1 CDC/2003-32 TIlENCE NORTH 13058'00" EAST A DISTANCE OF 210.75 FEET TO THE BEGINNING OF A 1030.00 FOOT RADIUS TANGENT CURVE, CONCAVE TO TIrE WEST; THENCE NORlHERL Y, ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 07054'00" AN ARC DISTANCE OF 142.02 FEET; THENCE NON- TANGENT TO SAID CURVE, SOUTH 89051'03" EAST A DISTANCE OF 94.95 FEET; THENCE SOUTH 59013'24" EAST A DISTANCE OF 295.00 FEET; THENCE soum 08016'49" EAST A DISTANCE OF 501 .06 FEET; THENCE SOUTH 51013'00" WEST A DISTANCE OF 199.58 FEET; THENCE SOUTH 00002'25" WEST A DISTANCE OF 357.41 FEET; THENCE SOUTH 46031'49" WEST A DISTANCE OF 289.87 FEET; THENCE SOUTH 00"22'58" WEST A DISTANCE OF 114.73 FEET; TIIENCE SOU1H 39D2S'OZ" EAST A DISTANCE OF 59.78 FEET; TIIENCE SOUTH 49041'34" WEST A DISTANCE OF 50.87 FEET TO A POINT ON THE NORTBEASTERL Y RIGHT -OF- WAY OF FOOTIllLL BOULEVARD (40 FEET WIDE) AS SHOWN ON SAID TRACT MAP NO. 11857; THENCE ALONG SAID NORTHEASTERL YRlGHI -OF-W A YOFFOOTIIILLBOULEV ARD. NORTH 45004'07"-WEST A DISTANCE OF 83.13 FEET TO A POINT ON THE EASTERLY BOUNDARY OF SAID TRACT NO. 11857, SAID POINT BEING THE BEGINNING OF A 230.00 FOOT RADIUS NON-TANGENT CURVE, CONCAVE TO THE WEST, A RADIAL TO SAID BEGINNING BEARS SOUTH 8z016'15" EAST; THENCE ALONG SAID EASTERLY BOUNDARY OF SAID TRACT NO. 11857, NORTHERLY, ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 48017'45" AN ARC DISTANCE OF 193.81 FEET; THENCE TANGENT TO SAID CURVE, NORTIl 40034'00" WEST A DISTANCE OF 23.14 FEET TO THE POINT OF BEGINNING. AREA: 136.4 ACRES +/- w\)flA Edward J. Bonadiman, L.S. :f. 11. (1"'J Date ~~~VND Sr~""~ ~ ',.. ~:" :------I?JfJ: II. ,~~~ J. 801r."~'\,. II !~. ~~\~ ~g,~ 12-l1-:\)~) ~\1q L 1il~1 '~ Orc7i\_\\~~~/ . ::::::.~.=~.;:.' ~ "A" - 2 CDC/2003-32 Redevelopment Atrencv Property PARCEL NO.1: PORTION OF LOT 5, AS PER MAP OF SUBDIVISIONS OF FRACTIONAL SOUTHWEST 1/4 OF SECTION 19, TOWNSHIP 1 NORTH, RANGE 3 WEST, SAN BERNARDINO BASE AND MERIDIAN, KNOWN AS ZIMMERMAN SUBDIVISION, IN THE COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER PLAT RECORDED IN BOOK 8 OF MAPS, PAGE 80, RECORDS OF SAID COUNTY, DESCRIBED AS FOLLOWS: COMMENCING AT A POINT NORTH 45 DEG. WEST 135 FEET FROM THE SOUTHEAST CORNER OF LOT 5, OF SAID SUBDIVISION; THENCE NORT~ 45 DEG. WEST ALONG THE NORTHERLY LINE OF THE MUSCUPIABE RANCHO 225 FEET; THENCE NORTH 71 DEG. EAST, 165 FEET; THENCE SOUTH 56 DEG. EAST, 50 FEET; THENCE NORTH 36 DEG. 30' EAST, 130.12 FEET; THENCE SOUTH 73 DEG. 36' EAST, 85.70 FEET; THENCE SOUTH 36 DEG. 43' WEST, 331 FEET TO THE POINT OF BEGINNING. EXCEPTING THEREFROM ANY PORTION THAT MIGHT BE INCLUDED IN PROPERTY GRANTED A. E. STERLING TRUSTEE, BY DEED RECORDED JANUARY 13, 1898, IN BOOK 248, PAGE 124, OF DEEDS, DESCRIBED AS FOLLOWS: BEING A STRIP OF LAND OFF THE SOUTHEAST CORNER OF LOT 5, ACCORDING TO A MAP OF A SUBDIVISION OF THE FRACTIONAL SOUTHWEST 1/ 4 OF SECTION 19, TOWNSHIP 1 NORTH, RANGE 3 WEST, SAN. BERNARDINO BASE AND MERIDIAN, IN THE COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER SURVEY MADE BY J. M.PARSONS, JANUARY 16, 1892, SAID MAP BEING RECORDED IN BOOK 8 OF MAPS, PAGE, 80 AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: - COMMENCING AT THE INTERSECTION OF THE EAST LINE OF SAID LOT 5 WITH THE NORTH LINE OF THE RANCHO MUSCUPIABE; THENCE ALONG SAID RANCHO LINE 135 FEET; THENCE NORTHERLY 331 FEET TO THE DITCH OF THE BEAR VALLEY IRRIGATION COMPANY; THENCE ALONG SAID DITCH 36 FEET TO THE EAST LINE OF SAID LOT 5; THENCE SOUTHERLY 380 FEET TO PLACE OF BEGINNING. ~ ALSO EXCEPTING THEREFROM AN UNDIVIDED 28/30THS INTEREST IN AND TO THAT PORTION (CALLED WELL SITE) OF LOT 5 OF THAT CERTAIN SUBDIVISION KNOWN AS ZIMMERMAN-SUBDIVISION, AS PER PLAT RECORDED IN BOOK 8 OF MAPS, PAGE 80, RECORDS OF SAID COUNTY DESCRIBED AS: - ,. . COMMENCING AT THE NORTHWEST CORNER OF LOT 4, BLOCK 19, OF WEST HIGHLANDS, AS PER PLAT RECORDED IN BOOK 5 OF MAPS, PAGE 77, RECORDS OF SAID COUNTY, SAID POINT BEING IN THE MUSCUPIABERANCHO LINE; THENCE ALONG SAID RANCHO LINE NORTH 45._ DEG. 00' WEST, 221.12 FEET; THENCE NORTH 40 DEG. 25' EAST TO THE NORTHERLY LINE OF FOOTHILL DRIVE AS NOW LOCATED, 40 FEET WIDE, FOR THE TRUE POINT OF BEGINNING; SAID TRUE PO,INT OF BEGINNING BEING IN THE EAST LINE OF A PARCEL OF LAND CONVEYED TO BODIE FITE AND WIFE, RECORDED FEBRUARY- 20, 1946, IN BOOK 1865, PAGE 281,' ()FFI'l~-r,. RECORDS; THENCE NORTH 40 DEG.2S' EAST, 40 FE,ET;. o:rgE:~qE: .~. 5 DEG. 00' EAST 2S FEET; THENCE S()tJTH 40 DEG.2:5,'WE:~il'~'~P\: 0 THE NORTHERLY LINE OF FOOTHILI-..DRIVe; THENCE"NQRTW4'50EG'o' 2S FEET TO THE TRUE POINT OF B'EGI~NING. "A"-3 cr CDC/2003-32 PARCEL NO. 21 ALL OF LOT 5, OF SUBDIVISION OF THE FRACTIONAL SOUTHWEST 1/4 OF SECTION 19, TOWNSHIP 1 NORTH, RANGE 3 WEST, SAN BERNARDINO BASE AND MERIDIAN, IN THE COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER PLAT~RECORDED IN BOOK 8 OF MAPS, PAGE 80, RECORDS OF SAID COUNTY. EXCEPTING THEREFROM THAT PORTION THEREOF DESCRIBED AS FOLLOWS: COMMENCING AT THE MOST SOUTHERLY CORNER OF SAID LOT, WHERE THE EASTERLY LINE OF SAID LOT INTERSECTS WITH THE NORTHEASTERLY LINE OF MUSCUPIABE RANCHO~ THENCE NORTH 45 DEG. WEST ALONG THE NORTHEASTERLY LINE OF SAID RANCHO, 360 FEET~ THENCE NORTH 71 DEG. EAST, 165-FEET~ THENCE SOUTH 56 DEG. EAST 50 FEET; THENCE NORTH 36 DEG. 30' EAST, 130.12 FEET; THENCE SOUTH 7] DEG. 36' EAS.T, 85.70 FEET TO A POINT ON THE DITCH, KNOWN AS BEAR VALLEY DITCH; THENCE EASTERLY ALONG SAID DITCH, 36 FEET TO THE EASTERLY LINE OF SAID LOT 5; THENCE SOUTHERLY ]80 FEET ALONG THE EASTERLY LINE OF SAID LOT 5 TO THE POINT OF BEGINNING. ALSO EXCEPTING THEREFROM THAT PORTION DESCRIBED AS FOLLOWSs BEGINNING AT A POINT IN THE NORTHWESTERLY LINE OF SAID LOT 5, DISTANT SOUTHWESTERLY ALO~G SAID NORTHWESTERLy LINE, 260.00 FEET FROM THE NORTHWEST CORNER OF SAID LOT; THENCE SOUTH 66 DEG. 22' OO"EAST, ALONG A LINE THAT IS MEASURED AT RIGHT ANGLES TO THAT CERTAIN COURSE HAVING A BEARING OF NORTH 23 DEG. ]8' 00" EAST, AND A DISTANCE OF 250.87 FEET, AS DESCRIBED IN DOCUMENT RECORDED IN BOOK 1369, PAGE 274, OFFICIAL RECORDS OF. SAID COUNTY, A DISTANCE OF 528 FEET, MORE OR LESS, TO THE POINT OF TERMINATION IN THE EASTERLY LINE OF SAID LOT 5. "A"-4 Or CDC/2003-32 \)( "A" - 5 I III C') 10 C') m "! "": ~ ~ N CO '<I" CO N .... '<I" I'-: <0 o .... .... o 10 ....0. ...; C! . ci .., C\l .... ......... . I., '" Cij (5 I- Iz w :::;; a. ~~ ~~: . <i!~: <i!~:M rnwz 00< a.mrn OW.... lEa:o 1;:>-0 . m~ffi :::;;:::;; a.~j!: g~15 W<!lz iii~....< orn CDC/2003-32 EXHIBIT "B" d Imaging tual Site Plan an Concep . "B" - I :I: o >. W ..a I- ." 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