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HomeMy WebLinkAbout1996-044253... w' ✓ Recordin Re uestedb � rt ^��^. +nnc nnnnr� 9 4 Ytl U�l, IVU. 17yU�U44L'JJ When Recorded Return to: City of Arroyo Grande 214 East Branch Street P.O. Box 550 Arroyo Grande, California 93420 Official Records San Luis Obispo Co Julie L. Rodewald Recorder Sep 05, 1996 Time: 08:00 [ 3] r-TcL Rec No: 00015740 ;RF 13.00 � � � � � ;TOTAL �.Z.� This Agreement is entered this 19th day of August , 1996, by and between the City of Arroyo Grande, California, a municipal corporation ("City') herein, and Darren Shetler ("Developer" herein). WHEREAS on April 30, 1991, the City Council conditionally approved Developer's Tentative Tract Map 1834, which is a subdivision of Parcel 6 and a-peFEier�ef Parcel 9, Parcel Map 77-103, as recorded in Book 28 at Page 85, in the City of Arroyo Grande, said maps being on file in the Office of the County Recorder of San Luis Obispo County, California, and; WHEREAS Mitigation No. 23 to that approval reads as follows: "Prior to recordation of the final map, the developer shall enter into an agreement with the City, in a form approved by the City Attorney, whereby the developer agrees, on behalf of himself and his successors in interest to pay the Ciry a fee of Two Thousand Six Hundred Fifty-Six Dollars, ($2,656.00) per residential unit for traffic mitigation. This fee shall be paid for each residentia� unit, prior to issuance of each building permit or within five (5) years of recordation of the final map, whichever is sooner." WHEREAS on February 20, 1996, the City Council approved an amendment to Developer's Tentative Tract Map 1834, and S�ecific Development Plan No. 90-01, reducing the Yraffic mitigation fees from $2,656.00 per residential unit to $1,069.22 per residential unit. C#23.ds � A NOW THEREFORE, in order to mitigate all traffic impacts of the Tract 1834 subdivision and to satisfy said Mitigation No. 23, the Developer and City agree as follows: 1. Developer, or Developer's successor in interest to the fee title to each residential lot in Tract 1834 shall, prior to the issuance of a building permit for the construction of a single family residence on such lot, or not later than five (5) years from the date of the recordation of the final map for Tract 1834, whichever shall first occur, pay to the City a fee of One Thousand Sixty-nine Dollars and Twenty-Two csnts. ($1,069.22) 2. This Agreement shall bind and inure to the benefit of the parties hereto and to their successors in interest to all governmental interests and the above described real properties. 3. This Agreement shall be caused to be recorded in the Official Records of the County Recorder of the County of San Luis Obispo concurcently with the final map for Tract 1834 and shall become effective upon said recording. Darren Shetler Dated: �' t' �� Dated: � a9 �'� , By: �,�'�'�� Darren Shetler � • - �j� � �,, �!;!�� �1 �: ._ . Attest: � �� Nan Davis C#23.ds 2 �= - ACKNOWLEDGMENT STATE OF CALIFORNIA ) ) COUNTY OF SAN LUIS OBISPO ) On ` �2� , 1996 before me, �v�c�.e �CklnarF , personally appeared,�arren Shetler nersonally known to me (or proved to me on the basis of sa!ssfactory �vidence) to be the person (s) whose name (s) is/are subscribed to the within instrument and acknowledged to me that, he/she/they executed the same in his/her/their authorized capacity (ies), and that by his/heNtheir signature (s) on the instrument the person (s) or the entity upon behalf of which the person (s) acted, executed the instrument. WITNESS my hand and official seal. Signature � �rov�cai�ar con.r�a,.,oaeoes � (seal) � HcayACic_caoro„y, SOn LUb Ob�o Counly MyCarm.ExniresFeb I,2000 C#23.ds ��lD OF DOCUMENT