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HomeMy WebLinkAboutR06-Economic Development Agency o o o L o DEVELOPMEBr DBPARTMEMT OF .0 CIn OF SAB BBRlWUlIKO REOUEST FOR COMMISSION/COUNCIL ACTION From: KENNBTH J. HENDERSON Executive Director Subject: REQUEST FOR ASSISTABCB FROII TACO TIA, INC. Date: September 20, 1991 ------------------------------------------------------------------------------- SvnoDsis oE Previous Commission/Council/Committee Action(s): On September 19, 1991, the Redevelopment Committee recommended to the Community Development Commission approve the Benefit Resolutions and Owner Participation Agreement with Taco Tia, Inc. ------------------------------------------------------------------------------- Recomm~ded Motion(s): {Mavor and CftMMOD Counell1 MOTIO. A: RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, MAKING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT OF UNDERTAKING CERTAIN PUBLIC IMPROVEMENTS FOR THE SOUTHEAST INDUSTRIAL PARK REDEVELOPMENT PROJECT AREA. (MOTIONS CONTINUED TO NEXT PAGE...) 13 Administrator ------------------------------------------------------------------------------- Contact Person(s): Ken Henderson/Susan Morales Phone: 5081 Project Afea(s): Mt. Vernon Corridor Ward(s): Three (3) i Supporting Data Attached: Staff ReDort: Benefit Resolutions: Aareement FUNDING REQUIREMENTS: Amount: $ 75.000 Source: SEIP Bond Proceeds Budget Authority: ------------------------------------------------------------------------------- Commission/Council Notes: ------------------------------------------------------------------------------- KJH:SMM:kak:4255H COMMISSION MBBTII'fG Meetina Date: 10/07~91 Aaenda Item No: o c o - o o DEVELOPMBlft' DBPARnIEIIr COIMISSIOI'/COUllCIL ACTIOlfS COlfTIBUBD... Request for Assistance - Taco Tia, Inc. September 26, 1991 Page -2- (Community Deyelooment Commiasion) MOrIOI' B: RESOLUTION OF THE COMMUNITY DEVELOPMElfT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, MAKING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT OF UNDERTAKING CERTAIN PUBLIC IMPROVEMENTS FOR THE SOUTHEAST INDUSTRIAL PARK REDEVELOPMENT PROJECT AREA. (Community Develoument Commission) MOrIO. C: RESOLUTION OF THE COMMUNITY DEVELOPMElfT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING A CERTAIN OWNER PARTICIPATION AGREEMElfT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND TACO TIA, INC. ------------------------------------------------------------------------------- KJH:SMM:kak:4255H COIMISSIO. MBIlTI1'fG Meeting Date: 10/07/1991 o Agenda It... lfo: -~ o o o .I. o o DBVELOPMBBT DBPAaTMUT STAFF REPORT Reauest for Assistance from Taco Tia. Inc. Staff received a request from Taco Tia, Inc., for assistance with the construction of certain public improvements and the cost of widening Mt. Vernon Avenue at the northwest corner of Mt. Vernon Avenue and Mill Street. The owner is planning to demolish the existing structure and build a new, modern drive-thru restaurant, with additional landscaping and improved traffic circulation. However, due to the costs associated with the street widening, the project is not feasible, thus the owner has no incentive to proceed. Over the last three (3) years, the owner has diligently pursued beautification enhancements to the area, which includes the purchase and demolition of the adjacent vacant structure, painting the restaurant, and continuous maintenance and graffiti removal. Currently the property has little existing landscaping and what little exists consists of shade trees in the rear which are not visible from the street. The owner has redesigned the new project in order to save the trees in the rear picnic area, as well as, increasing the landscaping set-backs to meet city standards. There are, however, only thirty (30) days remaining to finalize plans for the project; otherwise the project falls under the new development code requirements and under the stricter requirements, it would not be possible to save the trees. Some of the benefits derived from this project include the widening of Mt. Vernon Avenue, which would provide for the designation of a right turn lane, one hundred fifty (150) feet of landscaping on Mt. Vernon Avenue and Mill Street, development of a vacant lot adjacent to the existing taco stand, and improved traffic circulation at the third busiest intersection in the City. In addition, the project accomplishes the objectives set forth in our City Beautification and Landscaping programs, particularly with respect to eliciting the cooperation and initiative of property owners. The project also sends an important message about our seriousness in jump-starting the Mt. Vernon Redevelopment Project Area. Since these improvements have to be made and this project provides the opportunity for them to occur, staff is in favor of considering this request. Our involvement would be approximately $75,000 for the public improvements. The owner's responsibility would be the construction of a $175,000 restaurant. ------------------------------------------------------------------------------- KJH:SMM:kak:4255H COIMISSIO. MBBTllfG Meeting Date: 10/07/1991 (0 Agenda Item .0: o o o - DEVELOPMENT DEPART~ STAFF REPORT Request for Assistance from Taco Tia, Inc. September 20, 1991 Page -2- o Due to the fact that this project is situated within the Mt. Vernon Corridor Redevelopment Project Area, which has no tax increment available at this time, Mutual Benefit Resolutions from the Southeast Industrial Park are required. Staff recommends adoption of the form motion. ------------------------------------------------------------------------------- KJH:SMM:kak:4255H COMMISSIOB MBBrIBG Keetina Date: 10/07/1991 ~ q~ItsBo: 1 2 3 4 5 6 7 "City"), 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 C> () () o o RESOLUTION NO. RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, HAXING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT OF UNDERTAKING CERTAIN PUBLIC IMPROVEMENTS FOR THE SOUTHEAST INDUSTRIAL PARK REDEVELOPMENT PROJECT AREA WHEREAS, the City of San Bernardino, California (the is a municipal corporation and a char.ter city duly created and existinq pursuant to the Constitution and the laws of the State of California (the "City"); and WHEREAS, the Community Development Commission of the City of San Bernardino (the "Commis81on") on behalf of the Redevelopment Aqency of the City of San Bernardino (the "Aqency"), is a redevelopment aqency, a public body, corporate and politic of the State of California, orqanized and existinq pursuant to the Community Redevelopment Law Divi810n 24) commencinq with Section 33000 of the Health and (Part 1 of Safety Code of the State of California (the "Act"); and Aqency may, with the consent of the Mayor and Common Council of WHEREAS, pur.uant to Section 33445 of the Act, the installation the City (the "Council"), pay all or a part of the cost of and construction of buildinq, any facility, structure or other improvement which i. publicly owned either within or without the boundaries of a redevelopment project area if the Aqency determine.: structure. (1) that such buildinqs, facilitie., or other the improvement. of beneti t are to redevelopment project area or the immediate neiqhborhood in which - 1 - o o o o o 1 the project is located, reqardless of whether such improvements 2 are within another project area, or in the case of a project area 3 in which substantially all the land i. publicly owned that the 4 improvements are of benefit to an adjacent project area of the 5 Aqency, and (2) that no other reasonable means of financinq such 6 buildinqs, facilities, structures or other improvements is 7 available to the community, and such determination by the Aqency 8 and the Council shall be final and conclusive; and 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 WHEREAS, the City and the Commi.sion have previously approved and adopted the Redevelopment Plan for the Southeast Industrial Park Redevelopment Project (the "Redevelopment Plan"); and WHEREAS, it is in the interests of the present landowners within the project area subject to the Redevelopment Plan (the "Project Area") and the residents, both within the Project Area and within the City qenerally, that the Aqency assist in the financinq of certain public riqht-of-way improvements consistinq primarily of street wideninq and the construction of sidewalks, curbs and qutters (the CUrb Improvements") which improvements are to be undertaken in connection with the development of a retail food establishment at the intersection of Mill Street and Mt. Vernon Avenue; and WHEREAS, the Mt. Vernon Avenue riqht-of-way is a major north south arterial of the City which runs in proximity to the Project Area and the Mill Street riqht-of-way provides east west - 2 - .....-?' () o o 1 access to and from the Project Area via Tippecanoe Avenue which 2 itself runs directly into the Project Area and therefore the 3 improv_ent of such riqhts-of-way would provide a benefit to 4 residents within the City who are occupants of the Project Area, 5 who find employment opportunities within the Project Area and/or 6 who rely on services provided by the Project Area; and 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 o o WHEREAS, the undertakinq of the CUrb Improvements will improve the Mt. Vernon Avenue and Mill Street riqhts-of-ways thereby making such rights-of-ways safer for pedestrian and vehicular traffic which in turn will ensure the health, safety and welfare of residents and occupants of the Project Area as well as other neighborhoods of the City; and WHEREAS, in order to promote the City'S health, safety and welfare, it is important that the curb Improvements required for the above referenced rights-of-way be financed in order to ensure the orderly development of areas in proximity to the rights-of-way including the Project Area and neighborinq areas; and WHEREAS, it is appropriate at this time for the Council to make certain findinqs and determinations and take certain action with respect to the installation of the curb Improvements. NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, DO HEREBY FIND, RESOLVE, DETERMINE AS FOLLOWS: - 3 - o o () o o 1 SECTION 1. The Recitals hereinabove are true anel 2 correct anel are incorporateel herein by this reference. 3 4 SECTION 2. The Council approves the payment by the 5 Aqency of the costs of the curb Improvements to be unelertaken in 6 proximity to the Project Are. which are of benefit to such 7 Project Area anel other neiqhborhoocls within the City for the 8 reasons set forth in the Recitals hereinabove. The Council 9 further finds and determines that no other reasonable means of 10 finanCing the undertaking of the curb Improvements is presently 11 available to the City and that the City and the Aqency require 12 the use of revenues qenerated from the Project Area in oreler to 13 fund the undertaking of the Curb Improvements. 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SECTION 3. The provision of the Curb Improvements will improve traffic and peelestrian safety conditions arounel the Project Area for occupants of the Project Area which will make the Project Area more desirable for development which will in turn help eliminate bliqht within the proj.ct Area and other areas of the City. SECTION 4. The City Clerk is hereby authorized anel directed to cause this Resolution to be transmitted to the Commission for consideration in connection with appropriate action by that body. III III III - 4 - -~ o () o 15 16 17 18 19 20 21 22 23 Approved as to tOrlll and legal content: 24 JAMES P. PENMAN City Attorney :B~~ 27 SBEOIOllOIIIlOCI5OlI\oo 28 o o 1 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OP THE CITY OF SAN BERNARDINO, CALIFORNIA, MAXING FINDINGS AND DETERMINATIONS AS 2 TO THE BENEFIT OF UNDERTAKING CERTAIN PUBLIC IMPROVEMENTS FOR THE SOUTHEAST INDUSTRIAL PARI< REDEVELOPMENT PROJECT AREA 3 4 5 6 7 8 9 10 11 12 13 Sec~ion !i. The tindings and deterlllinations herein shall be tinal and conclusive. This Resolution shall take ettect upon the date ot its adoption. I HEREBY CERTIFY that the toregoing Resolution was duly adopted by the Mayor and Common Council ot the City ot San Bernardino at a meeting thereot, held on the day ot , 1991, by the tollowing vote, to wit: AYES: Council Members 14 NAYS: ABSENT: City Clerk The toregoing resolution is hereby approved this day ot , 1991. Mayor ot the City ot San Bernardino - !5 - Q Q 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 o o o 1 STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) 2 CITY OF SAN BERNARDINO ) 3 4 5 6 7 8 9 10 11 12 13 ss I, City Clerk of the City of San Bernardino, DO HEREBY CERTIFY that the foreqoinq and attached copy of Mayor and Common Council of the city of San Bernardino Resolution No. is a full, true and correct copy of that now on file in this office. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the Mayor and Common Council of the City of San Bernardino this day of , 1991. City Clerk city of San Bernardino Q o o o o 1 2 3 4 5 6 7 "City"), is a municipal corporation and a charter city duly 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, MAKING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT OF UNDERTAKING CERTAIN PUBLIC IMPROVEMENTS FOR THE SOUTHEAST INDUSTRIAL PARK REDEVELOPMENT PROJECT AREA WHEREAS, the City of San Bernardino, California (the created and existinq pursuant to the Constitution and the laws of the State of California (the "City"); and WHEREAS, the Community Development Commission of the City of San Bernardino (the "Commission") on behalf of the Redevelopment Aqency of the City of San Bernardino (the "Aqency"), is a redevelopment aqency, a public body, corporate and politic of the State of California, orqanized and existinq pursuant to the Community Redevelopment Law (Part 1 of Division 24) commencinq with Section 33000 of the Health and Safety Code of the State of California (the "Act"); and WHEREAS, pursuant to Section 33445 of the Act, the Aqency may, with the consent of the Mayor and Common Council of the City (the "Council"), pay all or a part of the cost of installation and construction of bUildinq, any facility, structure or other improvement which is publicly owned either within or without the boundaries of a redevelopment project area if the Aqency determines: (1) that such bUildinqs, facilities, structures other improvements or of benefit are to the III - 1 - Q () o o o 1 redevelopment project area or the immediate neiqhborhood in which 2 the project is located, reqardless of whether such improvements 3 are within another project area, or in the case of a project area 4 in which substantially all the land is publicly owned that the 5 improvements are of benefit to an adjacent project area of the 6 Aqency, and (2) that no other reasonable means of financinq such 7 bUildinqs, facilities, structures or other improvements is 8 available to the community, and such determination by the Aqency 9 and the Council shall be final and conclusive; and 10 11 WHEREAS, the City and the Commission have previously 12 approved and adopted the Redevelop_nt Plan for the Southeast 13 Industrial Park Redevelopment Project (the "Redevelopment Plan"); 14 and 15 16 WHEREAS, it is in the interests of the present 17 landowners within the project area subject to the Redevelopment 18 Plan (the "Project Area") and the residents, both within the 19 Project Area and within the City qenerally, that the Aqency 20 assist in the financinq of certain public riqht-of-way 21 improvements consistinq primarily of street wideninq and the 22 construction of sidewalks, curbs and qutters (the CUrb 23 Improvements") which improvements are to be undertaken in 24 connection with the development of a retail food establishment at 25 the intersection of Mill Street and Mt. Vernon Avenue; and 26 27 WHEREAS, the Mt. Vernon Avenue riqht-of-way is a major 28 north south arterial of the City which runs in proximity to the - 2 - -r o o o .~ j o o 1 Project Area and the Mill Street riqht-of-way provides east west 2 access to and from the Project Area via Tippecanoe Avenue which 3 itself runs directly into the Project Area and therefore the 4 improvement of such rights-of-way would provide a benefit to 5 residents within the City who are occupants of the Project Area, 6 who find employment opportunities within the Project Area and/or 7 who rely on services provided by the Project Are"; and 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26/1 / 27 /I / 28 //1 WHEREAS, the undertaking of the curb Improvements will improve the Mt. Vernon Avenue and Mill Street rights-of-ways thereby maJcing such rights-of-ways safer for pedestrian and vehicular traffic which in turn will ensure the health, safety and welfare of residents and occupants of the City who use the Project Area as well as other neighborhoods of the City; and WHEREAS, in order to promote the City's health, safety and welfare, it is important that the CUrb Improvements required for the above referenced riqhts-of-way be financed in order to ensure the orderly development of the Project Area and neiqhborinq areas; and WHEREAS, it is appropriate at this time tor the Commission to make certain findinqs and determinations and take certain action with respect to the installation of the CUrb Improvements. - 3 - 1 NOW, THEREFORE, BE IT RESOLVED, BY THE COMMUNITY 2 DEVELOPMENT COMMISSION ACTING ON BEHALF OF THE REDEVELOPMENT 3 AGENCY OF THE CITY OF SAN BERNARDINO, CALIFORNIA, AS FOLLOWS: 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 authorized 28 III o () Q o o Sec~ion 1. The Recital. hereinabove are true and correct and are incorporated herein by this reference. Section 2. The Commi..ion approves the payment by the Aqency of the cost. of the CUrb Improvement. to be undertaken in proximity to the Project Area which are of benefit to such Project Area and other neiqhborhooc:ls within the City for the reason. .et forth in the Recitals hereinabove. The Commis.ion further finds and determine. that no other reasonable mean. of financinq the undertakinq of the CUrb Improvement. i. presently available to the City and that the City and the Aqency require the use of revenues qenerated from the Project Area in order to fund the undertakinq of the CUrb Improvement.. Sec~ion 3. The provi.ion of the CUrb Improvement. will improve traffic and pedestrian safety conditions around the Project Area for occupant. of the Project Area which will make the Project Area more desirable for development which will in turn help eliminate bliqht within the Project Area and other area. of the City. S.c~ion 4. The and directed to Aqency cau.e Secretary i. this ReSOlution hereby to !)e - 4 - -~ o o o 1 transmitted to the Council tor consideration in connection with 2 appropriate action by that body. 3 III 4 III 5 III 6 I I I 7 III 8 III 9 II 10 II 11 II 12 II 13 II 14 III () 15 III 16 III 17 II 18 II 19 II 20 II 21 II 22 III 23 III 24 III 25 III () 26 III 27 III 28 II - !5 - Q Q (> 14 ES'l'RADA 15 REILLY HERNANDEZ 16 MAUDSLEY MINOR 17 POPE-LUDLAM MILLER 18 19 20 21 22 23 24 25 26 27 28 o o I RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, MA1CING FINDINGS AND DETERMINATIONS AS 2 TO THE BENEFIT OF UNDERTAKING CERTAIN PUBLIC IMPROVEMENTS FOR THE SOUTHEAST INDUSTRIAL PARK REDEVELOPMENT PROJECT AREA 3 4 5 6 7 8 9 10 11 12 13 Section !i. The findinqs and determinations herein shall be final and conclusive. This Resolution shall take effect upon the date of its adoption. I HEREBY CERTIFY that the foreqoinq Resolution was duly adopted by the Community Development Commission of the City of San Bernardino at a meetinq thereof, held on the day of , 1991, by the followinq vote, to wit: Commi..ion Mamber.: AUI liAU ABSTAIN ABSENT - - - Secretary The foreqoinq resolution is hereby approved this day of , 1991. w. R. Holcomb, Chairman Community Development Commission of the City of San Bernardino Approved as content: sel SIII!OIOOOJ IIIOCI5Ol\oo - 6 - Q Q 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Q o o 1 STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) 2 CITY OF SAN BERNARDINO ) 3 4 5 6 7 8 9 10 11 12 13 .s I, Secretary ot the Community Development Commission ot the City ot San Bernardino, DO HEREBY CERTIFY that the toreqoinq and attached copy ot Community Development Commission ot the City ot San Bernardino Resolution No. is a tull, true and correct copy ot that now on tile in this ottice. IN WITNESS WHEREOF, I have hereunto set my hand and atfixed the otticial seal ot the Community DeVelopment Commission ot the City ot San Bernardino this day ot , 1991. Secretary ot the Community Development Commission ot the City ot San Bernardino 16 pursuant 17 18 19 20 21 22 23 24 25 26 27 28 () o () o o 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 RESOLUTION NO. RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING A CERTAIN OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND TACO TIA, INC. WHEREAS, the City of San Bernardino, California (the "City") is a municipal corporation and a charter city duly created and existinq pursuant to the Constitution and the laws of the State of California; and WHEREAS, the Community Development Commission of the City of San Bernardino (the "commission") on behalf of the Redevelopment Aqency of the City of San Bernardino (the "Aqency"), is a redevelopment aqency, a public body, corporate and politic of the State of California, orqanized and existinq to the Community Redevelopment Law (Part 1 of Division 24) commencinq with Section 33000 of the Health and Safety Code of the State of California (the "Act"); and WHEREAS, the City and the Commission have previously approved and adopted the Redevelopment Plan for the Mt. Vernon Corridor Redevelopment Project Area (the "Mt. Vernon Redevelopment Plan"); and WHEREAS, in connection with the implementation of the Mt. Vernon Redevelopment Plan, the Aqency has received a request from Taco Tia, Inc. (the "Participatinq OWner") to assist in the development of a certain commercial fast food facility (the - 1 - --~. o o (> o o 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 "Project") to be located at 494 South Mt. Vernon Avenue, which is within the Project Area subject to the Redevelopment Plan; and WHEREAS, the Agency deems it desirable to assist the Participating OWner in the development of the Project to the extent that the Agency shall reimburse the Participating Owner for the costs of construction of certain public improvements necessary for the Project; and WHEREAS, the amount of the Agency reimbursement shall be in an amount not to exceed $75,000,00 and shall be paid upon the completion of the public improvements required for the Project; and WHEREAS, the public improvements consist of the widening of the rights-of-way and the improvement of the sidewalks, curbs and gutters which improvements will improve traffic and pedestrian safety conditions within the Project Area; and WHEREAS, the Agency at this time deems it desirable to approve that certain OWner Participation Agreement by and between the Agency and the Participating OWner, a copy of which is attached hereto as Exhibit "A" and incorporated herein by this reference which sets forth the terms of the Agency's assistance. III III III - 2 - o o 1 NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION OF o 2 THE CITY OF SAN BERNARDINO, CALIFORNIA, DOES HEREBY FIND, 3 RESOLVE, DETERMINE AND ORDER AS FOLLOWS: 4 5 Section 1. The Commission hereby approves the OWner 6 Participation Agreement, a copy of which is attached hereto as 7 Exhibit "A" and incorporated herein by this reference. 8 9 Section 2. The Commission hereby authorizes the 10 Chairman and Secretary to execute the OWner Participation 11 Agreement on behalf of the Agency with any such non-substantial 12 changes as may be approved by the Executive Director of the 13 Agency and Agency Counsel. o o 14 III 15 III 16 III 17 III 18 III 19 III 20 III 21 III 22 III 23 III 24 III 25 III 26 III 27 III 28 III - 3 - -~ o o o 1 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING A CERTAIN OWNER 2 PARTICIPATION AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND TACO TIA, INC. 3 4 Section 3. This Resolution shall take effect upon 5 its adoption. 6 7 I HEREBY CERTIFY that the foreqoinq Resolution was duly 8 adopted by the Community Development Commission of the City of 9 San Bernardino at a 10 thereof, held on the day of 11 1991, by the followinq vote, to wit: 12 13 Commission Members: AIU BAn meetinq , ABSTAIN ABSENT () 14 ESTRADA REILLY 15 HERNANDEZ MAUDSLEY 16 MINOR POPE-LUDLAM 17 MILLER 18 19 20 21 22 23 24 Secretary The foreqoinq resolution is hereby approved this day of , 1991. W. R. Holcomb, Chairman Community Development Commission of the City of San Bernardino Approved as to form and leqal content: :.., ~.{.J /Aqency Co .1 27 o 28 S8IIOIOOO11DOC1519 - 4 - () 9 10 11 12 13 14 o 15 16 17 18 19 20 21 22 23 24 25 26 27 () 28 o o 1 2 3 4 STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) CITY OF SAN BERNARDINO ) ss I, Secretary of the Community Development Commission of the City of San Bernardino, DO HEREBY CERTIFY that the foregoing and attached copy of Community Development Commission of the City of San Bernardino Resolution No. is a full, true and correct copy of that now on file in this office. Secretary of the Community Development Commission of the City of San Bernardino 0 0 1 EXHIBIT "A" Q 2 OWNER PARTICIPATION AGREEMENT 3 4 5 6 7 8 9 10 11 12 13 14 () 15 16 17 18 19 20 21 22 23 24 25 26 0 27 28 C> C> o J I. - o o SBE00001/DOC/510/es 09/17/91 445 RECORDING REQUESTED BY: REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND WHEN RECORDED RETURN TO: SABO & GREEN, a Professional Corporation Suite 400 6320 Canoqa Avenue Woodland Hills, California 91367 (Space Above for Recorder's Use) REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO OWNER PARTICIPATION AGREEMENT (TACO TIA PROJECT) By and Between REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO and TACO TIA, INC. -r - Q RECITALS section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Section 9. Section 10. Section 11. section 12. S.ction 13. Section 14. section 15. Section 16. Section 17. Section 18. Section 19. Section 20. Section 21. () Section 22. Section 23. EXHIBIT "A" EXHIBIT "B" EXHIBIT "C" EXHIBIT "0" o - J o o TABLE OF CONTENTS b!m 1 Incorporation of Basic Documents................. 4 Public Purpose................................... 4 Construction of Public Improvem.nts.............. 5 Construction of the Proj.ct...................... 6 Participating OWn.r's R..ponsibilities........... 6 Certain Sal.. or Tran.f.r. of the Project........ 9 Notic. of Sal.. anel Tran.f.rs..........."......... 10 Public Biel anel Prevailing Wag.................... 10 Plan. anel Sp.cification.......................... 10 Remedie... . . . . .. . . . . . . . . .. ..... . . . . . . . . . . . . . . . . .. 11 Obligation to Obtain Financing................... 13 Notic... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 13 Applicability of Law. anel Litigation Costs....... 14 Noneliscrimination anel R.lateel Cov.nants.......... 14 C.rtificat. of Compl.tion........................ 16 Succ...or. anel A..ign.; As.ignm.nt............... 17 Event. of Default................................ 17 Entire Agreement; Amendm.nt...................... 19 severability.. .. . . . . . .. . . ... . . . . . . . . . . . . . . . . . . . .. 20 Sect:lon Headings................................. 20 Meaning of Terms................................. 20 Indemnification... . .. . . .. . . . . . . . . . . . . . . . . . . . . . . .. 21 Eff.ctive Oat. of Thi. Agr.ement; Execution; Tera of Agr....nt.............................. 21 - Legal De.cription - Scop. of Development - D..cription of Public Improvem.nt. - Certificate of Completion - i - - a - o o () REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO OWNER PARTICIPATION AGREEMENT (TACO TIA PROJECT) This OWner Participation Aqreement (the "Agreement") is entered into this ____ day of , 1991, by and between the Redevelopment Agency of the City of San Bernardino, a public body, corporate and politic duly organized and existing pursuant to the Community Redevelopment Law of the State of California (hereinafter referred to as the "Agency") and Taco Tia, Inc., a California corporation (hereinafter referred to as the "Participating OWner") and is entered into by the parties hereto with reference to the following facts: RECITALS (> WHEREAS, the Agency is authorized and empowered by the Community Redevelopment Law, Chapter 1 of Division 24 of the California Health and Safety Code, as amended (the "Law"), to permit owner participation in the redevelopment of real property; to enter into agreements for the acquisition, disposition and development of property or to otherwise assist in the redevelopment of real property within a redevelopment project area conforming with a redevelopment plan adopted for such area; to acquire real and personal property in redevelopment project areas; to receive consideration for the provision of redevelopment assistance; to make and execute contracts and other instruments necessary or convenient to the exercise of its powers; and to incur indebtedness to finance or refinance o redevelopment projects; and - 1 - -~... - - .J. J o o WHEREAS, the Redevelopment Plan for the Mt. Vernon Corridor 4:> Redevelopment Project, has been approved and adopted by the City of San Bernardino, California (the "City"), by Ordinance No. MC 733 (the "Redevelopment Plan"); and WHEREAS, the Participatinq owner owns certain real property qenerally located at 494 So. Mt. Vernon Avenue, within the project area subject to the Redevelopment Plan (the "Project Area"), as leqally described in Exhibit "A" attached hereto and incorporated herein by reference (the "Property"); and WHEREAS, the Participatinq owner intends to develop the Property by undertakinq the construction of a fast food restaurant facility on the Property (the "Project"), all as more fully described () in the Scope of Development attached hereto as Exhibit "B" and incorporated herein by this reference, in order to eliminate the bliqhted condition of the Property and to facilitate development of the Property for uses consistent with the Redevelopment Plan; and WHEREAS, the participatinq owner has requested the Aqency to exercise certain redevelopment powers, pursuant to the Community Redevelopment Law, and to assist the Participatinq owner with respect to undertakinq the Project; and () WHEREAS, it is proposed that the Aqency assistance with respect to the development of the Project will consist of reimbursinq the Participatinq owner for the costs of the acquisition, construction and installation of certain public facilities and - 2 - improvements o (the "Public Improvements") o as more fully described in Exhibit "C" attached hereto and incorporated herein by this 4:) reference; and WHEREAS, the Participatinq owner has submitted information to the Aqency, based upon qood faith representations to the Aqency made by the Participatinq owner, that the private improvements comprisinq the Project, upon completion and installation, shall have an assessed valuation, attributable to land and improvements, includinq machinery and equipment thereon, for A4 valorem property tax purposes, equal to approximately Two Hundred Thousand Dollars ($200,000); and WHEREAS, it is currently anticipated that the Project, upon completion, shall qenerate qross sales revenues, based upon qood 4C) faith representations made to the Aqency by the Participatinq owner, equal to approximately Five Hundred Twenty Five Thousand Dollars ($525,000) per year and will create employment opportunities for approximately fifteen (15) persons; and WHEREAS, the Aqency intends to assist the Participatinq owner in completinq the Project to the extent that the Aqency shall reimburse the Participatinq owner for the costs of the acquisition, construction and installation of the Public Improvements as described on Exhibit "C" in an amount not to exceed Seventy Five Thousand Dollars ($75,000) (the "Aqency Assistance"); and o WHEREAS, the development of the Project will benefit the Project Area by eliminatinq a bliqhted condition within the Project - 3 - Q Area and will facilitate development of o the Property in a manner consistent with the Redevelopment Plan and help encourage economic 4:) growth and revitalization within the Project Area; and o o WHEREAS, the construction of the Public Improvements will benefit the Project Area by improving existing right of way and creating safer traffic and pedestrian conditions; and WHEREAS, the Participating OWner has demonstrated to the satisfaction of the Agency its financial ability to undertake the completion of the Project. NOW, THEREFORE, THE PARTIES HEREBY AGREE AS FOLLOWS: Section 1. IncorDora1:ion or Sa.tc Documents. The Redevelopment Plan, as amended, is by reference incorporated herein and made a part of this Agreement with the same force and effect as though set forth in full herein; provided, however, that any amendments to the Redevelopment Plan after the date of this Agreement shall not affect any rights granted hereby to the Participating Owner, except as may otherwise be required by law. All terms not otherwise defined herein shall have the same meaning as used in the Community Redevelopment Law, Health and Safety Code Section 33000, .!it ~. (the "Law"). The recitals are by reference incorporated herein and made a part of this Agreement. S8ct:.ion 2. Public PurDo... The Agency and the Participating OWner agree that the completion of the Project shall be undertaken for the common benefit of the parties hereto and the - 4 - () o o o o residents of the City in order to eliminate blight within the Project Area. The Agency and the Participating Owner further agree that the development of the Project shall not only eliminate blight on the Property, but will also assist in creating an environment which will encourage and facilitate the elimination of blight within the Project Area. Therefore, the completion of the Project will be of benefit to the Project Area, and will help improve, upgrade and revitalize, both economically and physically, a portion of the city located within the Project Area that manifests itself as a blighted area. In addition, the construction of the Public Improvements necessary for the completion of the Project will enhance traffic and pedestrian safety conditions. Section 3. Construction of Public ImDrovements. The Agency hereby agrees that in order to assist the Participating Owner in the development of the Project, the Agency shall, upon the fulfillment of the conditions and obligations of the Participating Owner hereunder, provide the Agency Assistance through the reimbursement to the Participating owner of its costs of causing the acquisition, installation and construction of the Public Improvements as more fully described in EXhibit "C". The Agency shall provide the Agency Assistance, in an amount not to exceed Seventy Five Thousand Dollars ($75,000), within thirty (30) days of completion of the Public Improvements, as evidenced by the written verification of the City Engineer, or his designee, which verification shall not be unreasonably withheld and upon receipt by the Agency of invoices - 5 - -~ o Q o o o representinq costs incurred and paid by the Participatinq Owner in connection with the construction of the Public Improvements. Section 4. Construction of the Pro; ect. The Participatinq Owner, solely at its own cost, shall undertake or cause to be undertaken the acquisition, construction and installation of the private improvements comprisinq the Project. The Participatinq OWner shall pay any and all fees and assessments that may be levied aqainst the Project or the Property or which may be required in connection with the construction of the private improvements which comprise the Project. The Participatinq owner shall commence construction of such private improvements prior to January 31, 1992 and shall complete such construction prior to July 1st, 1992 subject to any extensions by mutual written consent of the parties hereto. In addition, the Participatinq owner shall cause the acquisition, construction and installation of the Public Improvements, the costs of which are to be reimbursed by the Aqency in the form of the Aqency Assistance. Such Public Improvements shall be completed prior to the completion of the private improvements which comprise the Project. Section 5. particinatina OWner'. ResDonsibilities. A substantial portion of the consideration which supports the aqreement as herein contained of the Aqency to assist in the redevelopment of the Property is the aqreement of the Participatinq owner to complete - 6 - o o the Project as set forth in the Scope of Development attached hereto o as Exhibit "B", including the construction of the Public Improvements, and cause the commencement of commercial retail operations prior to July 1, 1992, all as evidenced by the issuance of a Certificate of Completion in the form attached hereto as Exhibit "0", subject to any extensions as mutually agreed upon by the Parties hereto. However, the foregoing responsibility of the Participating OWner shall be subject to the following limitations: By reason of acts of God; strikes, lockouts or other industrial disturbances; acts of pUblic enemies; orders of any kind of the Government of the United States or of the state of California or any department, agency, political subdivision, court or official of any of them, or any civil 4C) or military authority; insurrections; riots; epidemics; landslides; lightning; earthquakes; volcanoes; fires; hurricanes; tornados; storms; floods; washouts; droughts; arrests; restraint of government and people; civil disturbance.; explosion.; breakage or accident to machinery; partial or entire failure of utilities; or any cause or event not reasonably within the control of the Participating OWner, the Participating OWner is unable in whole or in part to carry out anyone or more of its agreements or obligations contained in this Agreement, the Participating OWner shall, for the time of said delay or such longer period as shall be agreed in writing by the Agency, not be deemed in default pursuant to Section 17 hereof by reason of not carrying out said agreement or agreements or performing said ~ - 7 - -.,.... () o o o o obligation or obligations during the continuance of such inability. The Participating OWner shall make reasonable effort to remedy with all reasonable dispatch the cause or causes preventing it from carrying out its agreements; provided, that the settlement of strikes, lockouts and other industrial disturbances shall be entirely within the discretion of the Participating Owner, and the Participating OWner shall not be required to make settlement of strikes, lockouts and other industrial disturbances by acceding to the demands of the opposing party or parties when such course is in the judgment of the Participating OWner unfavorable to the Participating OWner. The completion and operation of the Project by the Participating OWner shall substantially assist the Agency to implement the Redevelopment Plan. Therefore, the Participating OWner will take all reasonable steps to enable the Project, including the Public Improvements, to be completed prior to July 1, 1992. In addition, the Participating Owner hereby estimates that following completion of construction, improvement and commencement of operations, the Project, including the property, shall have an assessed valuation attributable to land and improvements for Ali valorem property tax purposes equal to at least Two Hundred Thousand Dollars ($200,000) for each fiscal year following such completion. Furthermore, the Participating OWner agrees, based on information available to it at the present time, that the completion of the Project and the commencement of commercial retail operations should - 8 - o () o o o result in the qeneration of qross sales revenues attributable to the Project in an annual amount equal to at least Five Hundred Twenty Five Thousand Dollars ($525,000). The Aqency has relied upon such representations as to valuation and sales tax qeneration in determininq the scope of the Aqency Assistance that would be warranted under the circumstances to encouraqe the construction of the Project. For the purposes hereof, completion of the Project shall mean the date on which the Aqency approves the issuance of a Certificate of Completion provided that such approval shall not be unreasonably withheld and which Certificate of Completion shall be substantially in the form attached hereto as Exhibit "0", certifyinq that the construction of the Project, includinq the installation of any operatinq machinery and equipment and the construction of the Public Improvements, has been completed and that the commercial retail operations as contemplated by the construction of the Project by the Participatinq OWner have commenced. . section fie Certain Sale. or Transfer. of the proiect. The Participatinq OWner hereby covenants and aqrees not to sell, transfer or otherwise dispose of the Property or the Project located thereon prior to the completion of the Project and for a period of ten (10) years therefrom without obtaininq the prior express written consent of the Aqency which consent shall not be unreasonably - 9 - o o withheld to the extent that the objectives of the Agency under this o Agre8lllent are being or will be met. Section 7. Notice o~ Sales and Transfers. Notwithstanding the foregoing, and for the term of this Agreement, the Participating OWner agrees to notify the Agency in writing of any sales or transfers of any portion of the Property or. the Project prior to the consummation of such sale and/or transfer, which notice shall contain the name, address and formal description of the entity so acquiring interests in the Project or the Property. section 8. Public Bid and prevailina Waae. The Participating OWner shall comply with any public bid procedures and shall comply with any prevailing wage requirements, as applicable, in ~ connection with the construction of the Public Improvements and the Project. Section 9. Plans and Snecifications. The Participating OWner agree. that the plans and specifications to be prepared for the acquisition, construction and installation of the improvements comprising the Project shall be submitted to the appropriate department of the City for approval prior to commencement of construction; provided, however, that said plans and specifications shall be in all respects in accordance and in conformity with this Agreement, the Redevelopment Plan and all appropriate plans or building standards of the City. In the event said plans and o - 10 - o o specifications are not reasonably acceptable to such department of o the city and in compliance with this Aqreement, then, in such event, the Participating owner agrees to amend or modify said plans and specifications or to submit such further or additional plans and specifications as may reasonably be required by the appropriate department of the city. The plans and specifications approved by the appropriate department of the City shall not be amended or modified in any material respect subsequent to such date of approval without the prior written approval of either or both the City or the Agency, as applicable. Section 10. Remedies. In the event the Participating Owner breaches any of its covenants or obligations under this Agreement, the Participating owner shall, at the option of the Agency () and upon demand by the Agency to the Participating owner, immediately reimburse to the Agency the amount of the Agency Assistance. As a further and cumulative remedy, the Participating owner, for itself, legal representatives, successors and assigns, agrees that the Agency, its successors and assigns, shall have the right and power to institute and prosecute any proceeding at law or in equity to enforce any covenants and agreements herein contained and to enjoin the threatened or attempted violation thereof by the Participating owner, legal representatives, successors, tenants and assigns and/or to collect damages from the aforesaid, whomsoever of which may violate said covenants and aqreements; and in addition, the Participating Owner for itself, legal representatives, successors and assigns does 4:) - 11 - -~ o o hereby grant the Agency such right and power to institute and o prosecute such proceedings. The remedies for the benefit of the Agency set forth in this section 10 shall be in addition to any and all other remedies available to the Agency under this Agreement or as a matter of law. The parties acknowledge and agree that the Agency may exercise any and all legal and equitable remedies available to the Agency under the laws of the State of California to enable the Agency to exercise the rights of the Agency hereunder and to enforce the provisions of this Agreement including, but not limited to, those which are contained in this Section 10. The Participating OWner further agrees to pay upon written o demand of the Agency all costs, fees and expenses of the Agency including, but not limited to, attorneys' fees, court costs and costs attributable to Agency Staff time, incurred in connection with any enforcement by the Agency of the provisions of this Section 10 or the seeking of any remedies legally available to the Agency related to this Agr.e_nt. In the event the Agency breaches any of its covenants or obligations under this Agreement, the Participating Owner may exercise all legal and equitable remedies available to the Participating OWner under the laws of the State of California. o - 12 - o o Section 11. Obliaation to Obtain Financina. The Agency C> shall have no obligation or commitment to provide any form of financial assistance to the Participating OWner in connection with the Property or the completion of the Project, except as is specifically provided in this Agreement. S.ction 12. Notices. All notices and demands of any kind which any party hereto may be required to serve upon any other party under the terms of this Agreement shall be served in writing on such other party by personal service or by leaving a copy of such notice or demand at the address hereinafter set forth, whereupon service shall be deemed complete and notices and demands shall be deemed to have been received on the date of such personal service; or by mailing a copy thereof by certified or registered mail, postage C> prepaid, airmail if the address is outside the State in which the same is mailed, with return receipt requested, addressed as follows: If to the Agency: Redevelopment Agency of the City of San Bernardino 201 North "E" Street, Third Floor San Bernardino, California 92401-1507 Attention: Executive Director with copy to: Sabo & Green 6320 Canoga Avenue Suite 400 Woodland Hills, California 91367 Attention: Timothy J. Sabo If to the Participating OWner: Taco Tia, Inc. 2396 Steel Road Colton, California 92324 Attention: Tod Mc Donald, President o - 13 - -~ o o In case ot service by mail, service shall be deemed complete and o notices and d_ands shall be de_ed to have been received at the expiration ot the third calendar day atter the date ot mailinq, notwithstandinq any other date tor receipt set torth on any return receipt or the tailure of any party to receive a return receipt. The addresses to which notices and demands may be delivered or sent may be chanqed trom time to time by service ot notice as hereinabove provided by any party upon the other party. Sect:ion 13. ADDlicabili~v of Laws and Litiaation Cost_. This Aqre_ent shall be construed and entorced in accordance with the laws ot the state ot Calitornia. Should any action be brouqht in any court of competent jurisdiction, the prevailinq party in such action shall be entitled to reimbursement by the other party for all o reasonable attorney's fees, court costs and other costs related to such litiqation. Section 14. Nondiscrimination and Related Covenants. The Participatinq OWner aqree. that, in addition to the other provision. .et torth in this Aqreement, every conveyance ot the Property, in whole or in part to the extent as permitted pursuant to this Aqre_ent, shall, in addition to any other covenants, contain covenants on the part ot the Participatinq OWner, for itselt, its successors and as.iqns ot the Property and which covenant. shall be covenant. runninq with the land and shall bind the Participatinq o - 14 - o o OWner, its successors and assiqns and all persons claiminq under or 4:) throuqh it to effectuate the followinq: (a) That the work of the redevelopment of the Property or part or parts thereof as in this Aqreement provided shall be implemented as intended by this Aqreement. (b) That there shall be no discrimination aqainst or seqreqation of any person or qroup of persons on account of race, color, creed, reliqion, sex, marital status, national oriqin, or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the premises to be conveyed, nor shall the Participatinq OWner or any qrantees or any persons claiminq under or throuqh the Participatinq OWner establish or permit any such practice 4:) or practices of discrimination or seqreqation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees or vendees in the premi.e. to be conveyed. (c) That, after the satisfactory completion of the Project made nece.sary by this Aqre..ent, the Property shall be devoted to the uses specified in this Aqreement and consistent with the Redevelopment Plan and shall not, in whole or in part, be devoted to any other use or used for any other purposes. (d) That such aqreements and covenants shall run with the land, and shall inure to the benefit of and be enforceable by the o - 15 - o o Agency, its successors and assigns. Furthermore, it is intended and o agreed that the covenants contained in subsection (b) of this Section 14 shall remain in effect without limitation as to time. (e) Such agreements and covenants shall run in favor of the Agency for the entire period during which such agreements shall remain in force and effect without regard to whether the Agency has at any time been, remains, or is an owner of any land or interest therein to which these covenants relate. In the event of any breach, the Agency shall have the right to exercise all the rights and remedies available at law or in equity to enforce the curing of such breach. (f) That no portion of the Project or the Property shall () be sold or used by any tax-exempt entity for the duration of the Redevelopment Plan without written consent of the Agency. It is the intent hereof that the provisions of subsections (a) through (f), inclusive, hereof shall survive the termination of the other operative provisions of this Agreement and as may additionally be required by the Constitution and laws of the State of California and the Law. Section 15. Certificate of COIllDletion. The Agency, its successors and assigns agree that upon the full compliance by the Participating OWner with the terms of this Agreement which pertain to o - 16 - o o the construction ot the Project upon the Property, and following 4:) completion ot the Project, the receipt by the Agency of a written request trom the Participating owner for a Certificate of Completion and notification that the Property is ready for occupancy, the Agency shall provide promptly and furnish to the Participating owner a Certiticate ot Completion, substantially in the form as attached hereto aB Exhibit "0", certifying that the construction and acquisition or installation of the Project, as required pursuant to this Agreement, has been completed to the satisfaction of the Agency, its succeSBors and assigns. Upon issuance of the Certificate ot Completion by the Agency, each ot the covenants, restrictions, warranties and conditions contained in this Agreement relating to the construction of the Project shall be deemed satisfied and shall terminate. () Section 16. auee.s.ors and A..ians: Assianment:. The provisions ot this Agreement shall be binding upon and inure to the benetit ot the heirs, executors, administrators, successors and assigns of the parties hereto. The Participating Owner shall not assign, transter or in any manner hypothecate any or allot the rights and obligations of the Participating owner under this Agreement or with respect to the Property without the prior written approval and consent ot the Agency. Sect.ion 17. Event.s ot Detault.. "Event of Default" wherever used in this Section, means anyone ot the following events () - 17 - --~ o o (whatever the reason for such Event of Default and whether it shall () be voluntary or involuntary, or be effectual by operation of law pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or qovernmental body superior to the Aqency): () () (a) Default in the performance, or breach, of any provision of this Aqreement by the Participatinq Owner, and continuance of such Default or breach for a period of thirty (30) calendar days after the Aqency has qiven notice as specified in Section 12, and requirinq it to be remedied and statinq that such notice is a "Notice of Default" hereunder; or (b) The entry of a decree or order by a court havinq jurisdiction in the premises adjudqinq the Participatinq Owner bankrupt or insolvent, or approvinq as properly filed a petition seekinq reorqanization, arranqement, adjustment or composition of or in respect of the Participatinq Owner under the Federal Bankruptcy Act or any other applicable federal or state law, or appointinq a receiver, liquidator, assiqnee, trustee, sequestrator, or other similar official of the Participatinq Owner or of any substantial part of its property, or orderinq the windinq up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of thirty (30) calendar days; or - 18 - o o o o o (c) The institution by the Participatinq Owner of proceedinqs to be adjudqed bankrupt or insolvent, or the consent by it to the institution of bankruptcy or insolvency proceedinqs aqainst it, or the filinq by it of a petition or answer or consent seekinq reorqanization or relief under the Federal Bankruptcy Act or any other applicable federal or state law, or the consent by it to the filinq of any such petition or to the appointment of a receiver, liquidator, assiqnee, trustee, sequestrator (or other similar official) of the Participatinq owner or of any substantial part of its property, or the makinq by it of an assiqnment for the benefit of creditors, or the admission by it in writinq of its inability to pay its debts qenerally as they become due, or the takinq of corporate action by the Participatinq owner in furtherance of any such action. Section 18. Entire Aareemen't: Amendment. Except as otherwise expressly provided herein, this Aqreement constitutes the entire aqreement between the parties pertaininq to the subject matter hereof and supersedes all prior and contemporary aqreements and understandinqs. The parties intend this Aqreement to be the final expression of their aqreement with respect to the terms hereof and a complete and exclusive statement of such terms. No modification, amendment or waiver of any term hereof shall be bindinq unless executed in writinq by any party or parties to be bound thereby. This Aqreement may be amended from time-to-time as deemed necessary by the parties hereto upon written instruments duly - 19 - -~ o o approved and executed by the parties hereto. Any such amendments or () modification. shall be valid, bindinq and leqally enforceable only if in written form and executed by both the Participatinq OWner and the Aqency after the same have been duly approved and authorized for execution. Section 19. Severability. Each and every section of this Aqre_ent i., and shall be construed to be, a separate and independent covenant and aqreement. If any term or provision of this Aqreement or the application thereof shall to any extent be invalid or unenforceable, the remainder of this Aqre_ent, or the application of such term or provision to circumstance. other than those to which it is invalid or unenforceable shall not be affected thereby, and each term and provision of this Aqreement shall be valid and shall be () enforced to the extent permitted by law. section 20. Section .Headinas. The headinqs of the several sections of this Aqreement are inserted solely for convenience of reference, and are not a part of and are not intended to qovern, limit or aid in the construction of any term or provision hereof. Section 21. Meanina of Terms. Where the context so requires, the use of the masculine qender shall include the feminine and the neuter qender, and the sinqular shall include the plural and vice versa. o - 20 - o o section 22. Ind"lIIftiric~tion. It is understood and 4:) agreed that no orricial, employee or agent of the Agency shall be personally liable to the Participating owner or to anyone else as to any obligation or obligations under the terms of this Agreement. The Participating owner shall save the Agency, and all parties in privity to it, harmless from all claims, demands, causes of action, expenses, and liability of whatsoever kind or nature which may arise out of, because of, concerning, or incident to the performance of the Participating owner under this Agreement, including all court actions, costs and expenses and attorney's fees relative to the Agency being a party to this Agreement as may be initiated by the Participating owner or any third party for any reason whatsoever, including any claims for damages or with respect to personal injuries on the Property. () Sec't.ion 23. Effective Oat. of This Aareement:: Execution; Term of Aareement. This Agreement shall not be effective for any purpose whatsoever or binding and enforceable upon the Agency until such time as this Agreement has been approved pursuant to official action of the Agency in accordance with a duly adopted and approved Agency resolution authorizing the Chairman and Secretary of the Agency to execute this Agreement on behalf of the Agency. This Agreement may be executed in original counterparts, each of which shall be deemed to be an original for all purposes, and such counterparts shall constitute one and the same instrument. This o - 21 - o o Agreement shall remain in full force and effect until all of the 4:> obligations hereunder have been satisfied in full. Q o - 22 - o o IN WITNESS WHEREOF, the parties hereto have executed this 4:) Agreement on the year and day first hereinabove written. REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO By: (SEAL) Attest: By: Secretary Approved as to Form: Q "PARTICIPATING OWNER" TACO TIA, INC., a California corporation BY: ~.jJ ~ Me Donald, President the corporation thlreln named. and acknowledged to me that suchcorporatton executedthlwlthm lnatrument pursuant to ItI by-I.... 0'. rnoIutlon of ita board of dlrectora. . 0 WlTliIESSmyhancl,ando Iclal_L N , : ~ Sign . ~ ;:: e .~ ~ E ". < e !i~ u:e _0 aU .- G ;; U _ e RI! I; il g..s I ~gJ~Fo~ALIF~IA,g.....A.Jh?I.IJAlb 1'" On ~~A>;.e --7(" / "If/ beloreme,lhaunderalgned,. Nolary Public In.nd 101 ---...... H1,. ,....... /A/ 7) saidSlale,personally.ppaa,'" / ~ "I/I~n_ - .nd I personally known to me (or proved to me on the balls of satisfactory evidence) to be the person. who executed the within Instrument ,- Pra.I_Iand Secretary, on behalf 01 7" ~ "T/A... ~JC/(! . .e com..... ...., KIMBERLY KING NOTARY PUBLIC. CALIFORNIA SAN BERNARDiNO COUNTY My Commlalon ExpIres Nov. 20. 1992 . ....... - - (Thl..... "" oNlclal not.rIal_, -~-- o EXHIBIT "A" o LEGAL DESCRIPTION () PARCEL 1: The South 42 feet of Lots 1 and 2, Block 9, Martin Tract, in the City of San Bernardino, State of California as per plat recorded in Book 3 of Maps, Page 27, in the County of San Bernardino. PARCEL 2: Lots 9, 10, and 11, Block 9, Martin Tract, in the City of San Bernardino, State of California, as per plat recorded in Book 3 of Maps, Page 27, in the County of San Bernardino. o , A-I o o EXHIBIT "B" o SCOPB OF DBVBLOPMBBT o All demolition, relocation and conetruction of existina and new utilities services and ri&ht-of-w., improvements required to accomplish the widening of Mt. Vernon Avenue and Mill Street to it. ultimate width a. designated by the Ci ty of San Bernardino'. enaineering leneral plan. These improvements shall be constructed only as required to the parcels as described in Exhibit "A". () o o Q o o EXHIBIT "C" o DESCRIPTIOR OF PUBLIC IMPROVEMBRTS All street, driveway, sidewalk and utility servicea within the public right-of-way providina services to the parcels as noted in Exhibit "A". Inclusive of, but not entirely limited to, the followina: 1. Demolition of ezistina street, driveway and sidewalk improvements. 2. Relocation of ezistina utility services, manholes, traffic sianals, poles, sians and fire hydrants. 3. Construction and installation of all street pavina, concrete curbs and gutters, driveways and sidewalks. o o EXHIBIT "0" c When Recorded, Mail to: CERTIFICATE OF COMPLETION We, , Chairman and , Secretary of the Red$velopment Aqency of the City of San Bernardino hereby certify as follows: By its Resolution No. , adopted and approved , 199_, the Redevelopment Aqency of the City of San Bernardino has resolved as follows: () Section 1. The improvements (or that certain portion of the improvements described as ) required to be constructed in accordance with that certain owner Participation Agreement (the "Aqreement") dated , 199_, by and between the Redevelopment Agency of the City of San Bernardino and Taco Tia, Inc., a California corporation (the IIparticipatinq owner") on that certain real property more fully described in Exhibit "A" attached hereto and incorporated herein by this reference have been completed in accordance with the provisions of said Aqreement. Section 2. This Certificate constitute a conclusive determination of of Completion shall satisfaction of the o o - 1 of 4 o o agreements and covenants contained in the Agreement with respect to 4C) the obligations of the Participating OWner, and its successors and assigns, to construct the improvements and the dates for the beginning and completion thereof; provided, however, that the Agency may enter the Property for purposes of enforcing any covenant of the Agreement and shall have the right to offset such expenditures against sums otherwise due to the Participating Ownel:' under the Agreement. Said Agreement is an official record of the Redevelopment Agency of the City of San Bernardino and a copy of said Agreement may be inspected in the office of the Secretary of the Redevelopment Agency of the city of San Bernardino located at 201 North "E" Street, Third Floor, San Bernardino, California 92401-1507 during regular business hours. () Section 3. The real property to which this certificate of Completion pertains is more fully described in Exhibit "A" attached hereto. DATED AND ISSUED this day of , 199_. Chairman of the Redevelopment Agency of the City of San Bernardino (SEAL) ATTEST: Secretary of the Redevelopment Agency of City of San Bernardino o D - 2 of 4 o o o o o STATE OF CALIFORNIA ) ) ss. ) COUNTY OF On this day of , 1991, before me, the undersigned, a Notary Public in and for the said county and state, personally appeared known to me to be the Chairman and known to me to be the Secretary, respectively, of the Redevelopment Agency of the city of San Bernardino (the "Agency"), who executed the within instrument on behalf of said Agency therein named, and acknowledged to me that such Agency executed the with instrument pursuant to a resolution of said Agency. WITNESS my hand and official seal. (SEAL) Notary Public in and for the State of California o - 3 of 4 ~ o o Q o EXHIBIT "A" (Legal Description) D - 4 of 4 o () () o o o STATE OF CALIFORNIA ) ) ss. ) COUNTY OF this day of , 1991, before me, the a Notary Public in and for the said County and State, appeared and , personally known to me or proved to me on the basis of satisfactory evidence to be the and , respectively, of the Redevelopment Agency of the City of San Bernardino (the "Agency"), who executed the within instrument on behalf of said Agency therein named, and acknowledged to me that such Agency executed the within instrument pursuant to a resolution of said Agency. On undersigned, personally WITNESS my hand and official seal. [SEAL) Notary Public in and for the State of California