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HomeMy WebLinkAbout1985-101 I' I; i: I, 'I " 1 RESOLUTION NO. 85-l0l 2 RESOLUTION OF THE CITY OF SAN BERNARDION AUTHORIZING THE ACCEPTANCE OF A COVENANT RUNNING WITH THE LAND FROM SHADOW HILLS 3 LTD., BY SUNFLOWER PROPERTIES, INC., MANAGING PARTNER, WAIVING ISHADOW HILLS LTD.'S RIGHT TO MAKE APPLICATION TO THE CITY FOR ANY 4 DENSITY BONUS FOR THE REAL PROPERTY DESCRIBED IN CHANGE OF ZONE NO. 84-25. 5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF 6 SAN BERNARDINO AS FOLLOWS: 7 SECTION 1. The City Clerk of the City of San Bernardino is 8 hereby authorized and directed to accept on behalf of said City a 9 Covenant Running With the Land from Shadow Hills Ltd., by 10 Sunflower Properties, Inc., Managing Partner, waiving Shadow Hills 11 Ltd.'s right to make application to the City for any density bonus ]2 for the real property described in Change of Zone No. 84-25. A 13 copy of the Covenant Running With the Land is attached hereto, ]4 marked Exhibit A, and incorporated by reference herein as fully as 15 though set forth herein. 16 SECTION 2. The City consents to recordation thereof by its 17 duly authorized officer. ]8 I HEREBY CERTIFY that the foregoing resolution was duly 19 adopted by the Mayor and Common Council of the City of San 20 Bernardino at an .::l...i:j""'l'lrnorl ,-tOo'J1l1~r meeting thereof, held on 21 the 7th day of M::lrrh , 1985, by the following vote, 22 to wit: 23 AYES: Council Members CnRtaneda, Reillv, Hernandez, 24 M;:p-kr:o ()nin1 Frt=l7.ip..r Strir::klAr 25 26 NAYS: l\TQQG ABSENT: noflE , ~gh'%1~H/ City Clerk 27 28 22 23 24 25 26 27 28 1 The foregoing resolution is hereby approved /' ..:?Zx:day 2 of , 1985. Mnrr.h. 3 4 5 Approved as to form: 6 /~ J//~ City ~rney 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 -2- Recorded at the request of, and when recorded, return to: ~ City Clerk City of San Bernardino 300 North "0" Street San Bernardino, CA 92418 COVENANT RUNNING WITH THE LAND 1 . WHEREAS, on February 18, 1985 , the Mayor and Common Council of the City of San Bernardino adopted ~Ordinance No. MC-43S granting Xltlaxb~k JUBe{~~JO:Xti{X1dx<<xR<<<I\ltD:<<JKnlt ~X~~~/Change of Zone Number 84-25 for the parcel or parcels of property in the City of San Bernardino, County of San Bernardino, State of California, described in Exhibit A which is annexed hereto and incorporated herein by reference. 2. WHEREAS, it is hereby agreed and acknowledged by SHADOW HILLS LTD., by SUNFLOWER PROPERTIES. INC., Manaqinq Partner (hereinafter referred to as "developer") that said grant has an "equivalent financial value", to the value of a twenty-five percent (25%) density bonus for the subject residential housing development under Government Code Section 65915(a). EXHiBIT A 3. WHEREAS, it is hereby agr,eed and acknowledged by developer that said grant of Tax Exempt Financing/Conditional Use Permit/Waiver of the requirement for a Parcel Map/Change of Zone is deemed to be and does in fact constitute an incentive under California Government Code Section 65915 for the development of any residential housing development that may hereafter be constructed on the parcel or parcels of land described in Exhibit A. NOW, THEREFORE, it is hereby agreed as follows: 4. Developer hereby acknowledges that he has received an equivalent financial value as that term is used or may hereafter be used in Government Code Section 65915. In receipt of the consideration, developer hereby waives any present and future right to a density bonus for the subject housing development. 5. Developer covenants with the City of San Bernardino (hereinafter "City") that developer will not for a period of thirty years hereafter, make application to the City for any density bonus or other "equivalent financial value" of said density bonus for a residential housing development to be constructed on the parcel or parcels of land described in Exhibit A for which residential housing development the Tax Exempt Financing/Conditional Use Permit/Waiver of the Requirement for a Parcel Map/Change of Zone described in paragraph 1 above was granted to developer. 6. Developer further covenants that developer will not for a period of thirty years hereafter commence any action against 2 " the City or its officers, agents ~r employees before any administrative agency or in any state or federal court to compel the City or its officers, agents or employees to grant to developer a density bonus or other '~quivalent financial value" of said density bonus for a residential housing development to be constructed on the parcel or parcels of land described in Exhibit A. 7. These covenants run with the land and are binding on all heirs, successors, administrators, executors, and assigns of developer for a period of thirty (30) years from date of its recordation. 8. In the event of a breach of these covenants or any of them by the developer or any heir, successor, executor, administrator or assign, the City may bring an action to enforce compliance with any of the covenants contained herein and for other relief, including money damages, attorneys fees and costs of court, administration or overhead. 9. Developer agrees that upon the successful prosecution by the City of a civil action arising from the breach of any of these covenants, or in the event of a successful defense by City of any claim by developer to entitlement to a density bonus or other equivalent financial value, City shall receive, as liquidated damages, and not as a penalty, an amount equivalent to twenty percent (20%) of the value of all improvements constructed on the parcel or parcels described in Exhibit A in excess of those improvements permitted by the grant described in paragraph 1 3 above. This sum is estimated, computed, determined and agreed upon because of the uncertainty and difficulty of measuring actual damages, for breach of any of the covenants contained herein. The City shall also be entitled to all costs of litigation and all other costs reasonably incurred in bringing an action to enforce this covenant. IN WITNESS WHEREOF, this :f~ day of 1'1",4--- I'/a-, /.'t~ ~ .' j;"l?flVtrlk ~f rantor '17 , ,/., I/j" ~ VV' ?:1/~ NOTARY ACKNOWLEDGMENT: Developer has executed this document ~#4r{- , 19 f?, MfI~ tf'~~J /1,>1.17,..- rantor ACCEPTANCE BY CITY The City of San Bernardino hereby accepts the covenant included within the attached document. I certify that I am authorized to accept grants and conveyances to the City of San Bernardino as authorized by resolution of the Mayor and Common Council. DATED: ~,t,tj)4 /9'ff CITY OF SAN BERNARDINO By ...h-flt?/ .-f~" , 1 ty er 4 '. : EXHIBIT A All that real property situated in the City of San Bernardino, County of San Bernardino, State of California, described as follows: Parcel 3 and 4 of Parcel Map No. 6985, in the City of San Bernardino, County of San Bernardino, State of California, as per map recorded in Book 72 of Parcel Maps, Pages 53-55, records of said County. Parcel 2 of Parcel Map No. 6505, in the City of San Bernardino, County of San Bernardino, State of California, as per map recorded in Book 64 of Parcel Maps, pages 49 and 50, records of said County.