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HomeMy WebLinkAboutCC Resolution 11947 (Lands of Rainoldi)RESOLUTION NO. 11947 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROVING AMENDMENT TO THE SUBDIVISION IMPROVEMENT AGREEMENT FOR SUBDIVISION ENTITLED, " PARCEL MAP — LANDS OF RAINOLDI", TO CORRECT THE COMPLETION DATE AND TO PROVIDE FOR ALTERNATIVE SECURITY FOR THE IMPROVEMENTS. WHEREAS, the City Council of the City of San Rafael, State of California, on February 2, 2004, approved the Parcel Map and Subdivision Improvement Agreement for the parcel map entitled "Parcel Map Lands of Rainoldi"; and WHEREAS, subsequent to the recordation of the parcel map, the subdivision was sold to the Mei Yung Stitzel Irrevocable Life Insurance Trust dated December 31, 1992; and WHEREAS, on September 7, 2004, the said City Council did enter into a new Subdivision Improvement Agreement with Raymond S. Bregante, Trustee for the Mei Yung Stitzel Irrevocable Life Insurance Trust dated 12/31/92; and WHREREAS, the Subdivision Improvement Agreement provided for the completion of improvements within 365 days of the from the date of approval of the Subdivision Map, but it should have provided for completion of the improvements within twenty four months of the date of the Agreement to be consistent with Section 15.11.130 of the San Rafael Municipal Code; and WHEREAS, the Subdivider needs to do additional remedial work with respect to the improvements before the City Engineer will accept the improvements and file a Notice of Completion; and WHEREAS, due to the long wet winter, the remedial work has to be performed during the dry season; and WHEREAS, the Subdivider would like to amend the Subdivision Improvement Agreement to provide for the substitution of cash deposits or certificates of deposit as security for the improvements in lieu of the bonds previously provided to the City. NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of San Rafael, California, that it approves the Amendment to Subdivision Improvement Agreement, dated September 7, 2004, between the City of San Rafael and Raymond S. Bregante, Trustee, of the Mel Yung Stitzel Irrevocable Life Insurance Trust dated 12/31/1992, in the form attached hereto as Exhibit "A" to correct the completion date and to provide for alternative security for the improvements, and authorizes the Mayor to execute such Amendment. I, JEANNE M. LEONCINI, Clerk of the City of San Rafael, California, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a regular meeting of the Council of said City held on the 1" day of May, 2006, by the following vote, to wit: AYES: COUNCILMEMBERS: Cohen, Heller, Miller, Phillips & Mayor Boro NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None JEANNE M. LEONCI I, City Clerk EXHIBIT"A" AMENDMENT TO SUBDIVISION IMPROVEMENT AGREEMENT THIS AMENDMENT TO THE SUBDIVISION IMPROVEMENT AGREEMENT, dated September 7, 2004, is made and entered into, as of the day of , 2006, by and between the City of San Rafael (hereinafter referred to as "City"), and Raymond S. Bregante, Trustee, Mei Yung Stitzel Irrevocable Life Insurance Trust dated 12/31/1992 (hereinafter referred to as "Subdivider"). 1. The City and the Subdivider hereby amend their Subdivision Improvement Agreement, dated September 7, 2004, as follows: a. Section 4, page 3, "Work, Time for Commencement and Performance": The final phrase of the first sentence is amended to read: "..., and for its completion to be within 24 months from the date of this Agreement." b. Section 12, page 4, "Alternate Improvement Security": The Section shall be revised to read: "In lieu of the Improvement Security (performance) bond previously provided pursuant to Section 11 herein, the Subdivider may provide a cash deposit, or a letter of credit or certificate of deposit in a form approved by the City Attorney, in the amount equal to 200% of the cost of the remaining work to be done, as approved by the City Engineer, pursuant to Government Code Section 66499.7 and Section 15.11.150 of the San Rafael Municipal Code." In lieu of the Labor and Material Bond previously provided by the City Engineer pursuant to Section 13 herein, the Subdivider may provide a cash deposit, or a letter of credit or certificate of deposit in a form approved by the City Attorney, in an amount equal to Thirty One Thousand, One Hundred Dollars ($31,100)." 2. Except as modified herein, all of the terms and conditions of the Subdivision Improvement Agreement dated September 7, 2004, remain in full force and effect. Dated this day of . 2006 SUBIVIDER: By: Raymond S. Bregante, Trustee Mei Yung Stitzel Life Insurance Trust dated 12/31/1992 (If the Subdivider executing this agreement is a corporation, a certified copy of the By -Laws or Resolution of the Board of Directors authorizing officers of said corporation to execute this agreement shall be annexed hereto. Subdivider's signature(s) must be Notarized.) CITY OF SAN RAFAEL: By: Albert Boro Mayor ATTEST: Jeanne M. Leoncini CITY CLERK APPROVED AS TO FORM: Gaiy T. Ragghianti City Attorney APPROVED AS TO CONTENT: Andrew Preston City Engineer APPROVED: Ken Nordhoff City Manager AMENDMENT TO SUBDIVISION IMPROVEMENT AGREEMENT THIS AMENDMENT TO THE SUBDIVISION IMPROVEMENT AGREEMENT, dated September 7, 2004, is made and entered into, as of the 1 s t day of MAY , 2006, by and between the City of San Rafael (hereinafter referred to as "City"), and Raymond S._Bregante, Trustee, Mei Yung Stitzel Irrevocable Life Insurance Trust dated 12/31/1992 (hereinafter referred to as "Subdivider"). 1. The City and the Subdivider hereby amend their Subdivision Improvement Agreement, dated September 7, 2004, as follows: a. Section 4, page 3, "Work, Time for Commencement and Performance": The final phrase of the first sentence is amended to read: "..., and for its completion to be within 24 months from the date of this Agreement." b. Section 12, page 4, "Alternate Improvement Security": The Section shall be revised to read: "In lieu of the Improvement Security (performance) bond previously provided pursuant to Section 11 herein, the Subdivider may provide a cash deposit, or a letter of credit or certificate of deposit in a form approved by the City Attorney, in the amount equal to 200% of the cost of the remaining work to be done, as approved by the City Engineer, pursuant to Government Code Section 66499.7 and Section 15.11.150 of the San Rafael Municipal Code." In lieu of the Labor and Material Bond previously provided by the City Engineer pursuant to Section 13 herein, the Subdivider may provide a cash deposit, or a letter of credit or certificate of deposit in a form approved by the City Attorney, in an amount equal to Thirty One Thousand, One Hundred Dollars ($31,100)." 2. Except as modified herein, all of the terms and conditions of the Subdivision Improvement Agreement dated September 7, 2004, remain in full force and effect. Dated this 1 st day of MAY • 2006 SUBIVIDER: By: - •i / Raymond S. regan 1 Mei Yung Stitzel Life I. Trust dated 12/31/1992 (If the Subdivider executing this agreement is a corporation, a certified copy of the By -Laws or Resolution of the Board of Directors authorizing officers of said corporation to execute this agreement shall be annexed hereto. Subdivider's signature(s) must be Notarized.) CITY OF SAN RAFAEL: 7,4,A 4 Albert Boro Mayor ATTEST: �. eanne M 'eoncini CITY CLERK APPROVED ,Y A Gary T. RaXk anti City Attorney APPROVED AS TO Andrew Preston City Engineer APPROVED: Ken Nordho City Manager