HomeMy WebLinkAbout01431 - FEY AVENIDA GRANADA SEWER Fey, Roy - Private Sewer Agr re
SEWER REIMBURSEMENT AGREEMENT Avenida Granada
BETWEEN THE CITY OF PALM SPRINGS AGREEMENT #1431
AND ROY FEY. 5-2-78
THIS AGREEMENT made and entered into this ��� day of ,
q �
lgl , between the CITY OF PALM SPRINGS, CALIFORNIA, a municipal corporation,
hereinafter called the CITY and ROY FEY, hereinafter called the DEVELOPER.
WHEREAS the DEVELOPER is, at the time of this agreement, the the legal
holder of Sewer Construction Refund Agreement No. 411 , having an expiration
date of February 13, 1976; relating to the following described property:
Record of Survey Book 39, Page 74, Parcel 1
and
WHEREAS the City Council by Resolution 12590, established a policy
relative to sewer reimbursement agreements which have fixed expiration
dates; and
WHEREAS the DEVELOPER has requested that the CITY and DEVELOPER enter
into a new agreement, in accordance with said Resolution 12590, to
continue to reimburse the DEVELOPER for assessments remaining unpaid
under Agreement No. 411 , or amounts equaling the Street Main Charge,
whichever are lesser; and
WHEREAS the CITY has determined, and DEVELOPER agrees, that the total
remaining assessable frontage of lots which can connect to the sanitary
sewer by use of sewer laterals is 512.10 feet;
NOW THEREFORE IT IS AGREED that the DEVELOPER shall continue to be
entitled to reimbursements of assessments still unpaid under Agreement
No. 411 , provided, however that the amount reimbursable shall in no case
exceed the amount of the City' s Street Main Charge in effect as of the
above date. For these purposes it is agreed that developers, owners, or
lessees of lots shown on Exhibit "A" attached hereto in the area served
by said sewer shall pay to the CITY the amount shown herein or the
Agr. No.
Page 2
Street Main Charge whichever is greater, plus sewer connection charges
in effect at such time, prior to a permit being issued for connection to
said sewer. Upon receipt of such payment, CITY shall pay to the DEVELOPER
the amount prescribed by this Agreement.
The assessment for said Parcel is hereby established:
ASSESSMENT FRONTAGE COST PER LOT
512.10 $1873.73
Total $1873.73
IN WITNESS WHEREOF, the CITY and the DEVELOPER have hereunto caused
these presents to be executed the day and year first above mentioned.
ATTEST; "" CITY OF PALM SPRINGS, CALIFORNIA
By
-./Deputy City Clerk Cr�-�=y City Manager
REVIEWED & APPROVED: ,.(
ROY FEY
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