Loading...
HomeMy WebLinkAbout1994-031186� Recording Reguested by and When Recorded Return to: City of Arroyo Grande 214 East Branch Street P.O. Box 550 Arroyo Grande, California 93420 Rec No: 00037452 ;RF � � � � � ;TOTAL 13.00 13.00 _ . __- - Doc No: 1994-031186 Official Records San Luis Obispo Co Francis M. Cooney Recorder May 18, 1994 Time: 15:34 �� [ 3] AGREEMENT This Agreement is entered this � day of May, 1994 to replace a lost earlier executed version of this Agreement by and between the City of Arroyo Grande, California, a municipal corporation ("City" herein), and OTTSE INC., a California corporation ("Developer" herein). WHEREAS on April 30, 1991, the City Council conditionally approved Developer's Tentative Tract Map 1994, which is a subdivision of that portion of Parcel 3 of Parcel Map 77-103, as recorded in Volume 28 of Parcel Maps at Page 85, and which is shown as a remainder on Lot Line Adjustment Map AGAL 83-013 as recorded in Book 40 of Parcel Maps at Page 55, and all of Parcel 4 of said Parcel Map 77-103, 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 City a fee of Two Thousand Six Hundred and Fifty-Six Dollars ($2,656.00) per residential unit for traffic mitigation. This fee shall be paid for each residential unit, prior to issuance of each building permit or within five (5) years of recordation of the final map, whichever is sooner.�� NOW THEREFORE, in order to mitigate all traffic impacte of the Tract 1994 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 1994 shall, prior to / '7-rocf l44`f . � � 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 1994, whichever shall first occur, pay to the City a fee of Two Thousand Six Hundred Fifty-Six Dollars ($2,656.00). 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 concurrently with the final map for Tract 1994 and shall become effective upon said recording. OTTSE INC. City of Arroyo Grande �- -• /I•_"1� - �� By : _ , _ �t O.LO p.. � ! ,. / Donnalee Salzgeber, Secretary � Dated: S ��� 7 , • �! Attest: �� City C1 k n By Ma1 eZ ACKNOWLEDGMENT State of California County of San Luis Obispo ) On_ - �-__, 199_�J before me, _�._MIdYGt�/GL.rI'1G< , personally ap eared Donnalee Salzgeber, Secretary of tts�a California corporation, personally known to me (or proved to me on the basis of satisfactory evidence) 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/her/their 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. � C. MURAYAMA� m NO AR�V 962 FORNIA� � SAN LUIS OBISPO COUNTY —� Jn My Comm. Ezpires Mar. 25. 1996 Signature ��t �.(� (seal) ACICNOiQLEDGMENT State of California County of San Luis Obispo ) On / � �, 1 before me, personally ap eared /r� G�/ A � personally known to me (or proved to me on the basis 2if satisfactory evidence) 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/her/their 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. .N�� � OFFICLLL B&AL � JFJWNE S. VENEMA Signature (seal) ���'P��•����� . PRINCIPALOFFICEIN • &W LU1808{BPOCOUNTY Mf CamYswn F�W. 8q.0.1 W8 \1994DOC\TRAPMITS.AGA END OF DOCUMENT `?