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HomeMy WebLinkAbout02665 - FALCON LAKE PROPERTIES CATHEDRAL CANYON BIKE PATH EASEMENT RELOCATION AMENDMENT NO. 2 TO INDEMNITY AGREEMENT AND AGREEMENT FOR THE PROVISION OF A GENERAL MAINTENANCE FUND FOR THE CITY OF PALM SPRINGS, CALIFORNIA SEPTEMBER 21, 1988 THIS AMENDMENT NO. 2 entered into this %ZI day of 1990 by and between the City of Palm —Springs, California (hereinafter "City") and Stewart Title Company of Riverside County (hereinafter "Title Company") to INDEMNITY AGREEMENT AND AGREEMENT FOR THE PROVISION OF A GENERAL MAINTENANCE FUND FOR THE CITY OF PALM SPRINGS, CALIFORNIA (hereinafter "Original Agreement") dated September 21, 1988 . RECITALS WHEREAS, City and Title Company have been unsuccessful in completing the terms of the Original. Agreement within the one hundred eighty (180) days allowed under the terms of that agreement for reasons beyond their control ; and WHEREAS, City and Title Company are both desirous of continuing the basic agreement as contained in the Original Agreement. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL INTEREST OF BOTH PARTIES, THE PARTIES AGREE that the original agreement shall not become null and void at the expiration of 180 days from the date of the agreement, and, with the exception of this amendment, shall be extended through June 30, 1990 after which time the agreement shall become null and void. If however, as of June 30, 1990, the terms of the original agreement, as amended, have not been completed, then the agreement may be extended by written consent of both parties. --- - - - — - IN WITNESS WHEREOF, the parties have executed this Amendment No. 2 on the date and year first above written. CITY OF PALM SPRINGS (CITY) PPROVED a FORMBY: NORMAN KING, UITY MANAGER STEWART TITLE COMPANY OF RIVERSIDE r YAy AS! BY: ✓� / LEE SELTE , PRESIDENT y AMENDMENT NO. 1 TO INDEMNITY AGREEMENT AND AGREEMENT FOR THE PROVISION OF A GENERAL INTENANCE FUND FOR THE CITY OF PALM SPRINGS, CALI ORNIA DATED SEPTEMBER 21, 1988 y { THIS AMENDMENT NO. 1 entered into this a2 V-/T day of 1989 by and between the City of Palm Springs, California (her inafter "City" ) and Stewart Title Company of Riverside County (hereinafter "Title Company" to INDEMNITY AGREEMENT AND AGREEMENT FOR THE PROVI- SION OF A GENERAL MAINTENANCE FUND FOR THE CITY OF PALM SPRINGS, CAL- IFORNIA (hereinafter "Original Agreement") dated September 21, 1988 . - - RECITALS - WHEREAS, City and Title company have been unsuccessful in completing the terms of the Original Agreement within the one hundred eighty (180) days allowed under the terms of that agreement for reasons beyond their control; and WHEREAS, City and Title Company are both desirous of continuing the basic agreement as contained in the Original Agreement. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL INTEREST OF BOTH PARTIES, THE PARTIES AGREE that the original agreement shall not become null and void at the expiration of 180 days from the date of the agreement and, with the exception of this amendment, shall be extended thru December 31, 1989 after which time the agreement shall become null and void. If, however, as of December 31, 1989 the terms of the original agreement, as amended, have not been completed, then the agreement may be extended by written consent of both parties. IN WITNESS WHEREOF, the parties have executed this Amendment No. 1 on the date and year first above written. - _-_ CITY OF. PALM.-SPRINGS (CITY) BY: NORMAN KING CITY MANAGER ,6 PPR(?�'ED BY THE CITYCOl1Plf.!L BY RM NO. /��,�SZ �/��5 STEWART TITLE COMPANY OF RIVERSIDE COUNTY (TITLE COMPANY) BY: / °Z ' / LEE SELT r, PIMSIDENT Falcon Lakes, Stewart Title & City (re Cathedral Canyon CC bike easement relocation) ASSUMPTION AGREEMENT AGREEMENT #2665 R16447, 4-6-88 THIS AGREEMENT entered into this day of by and between Stewart Title Company of Riverside County (hereinafter "Title Company") and Falcon Lake Properties (hereinafter "Developer")_ RECITALS WHEREAS, Developer has entered into an Indemnity Agreement with the City of Palm Springs, California (hereinafter "City") , a copy of which is attached hereto as Exhibit "A" and incorporated herein by reference. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL PREMISES SET FORTH HEREIN, THE PARTIES AGREE AS FOLLOWS: 1. Title Company agrees that three (3) years from the date of completion by Developer and acceptance by City of the improvements contemplated by the August 25, 1987 letter referenced in paragraph four (4) of Exhibit "A", it will assume fully and without recourse all of the obligations and liability of Developer to City under said agreement set forth in Exhibit "A". 2. Developer agrees that it shall maintain its responsibility for and that Title Company shall not assume liability for any claim filed with City or for which Developer has notice prior to that date set forth in the preceding paragraph 1. 3. This Agreement shall inure to the benefit of and be binding upon the parties hereto as well as their respective heirs, successors, representatives and assigns. 4. If either party commences an action against the other to enforce any of the terms hereof, or because of the breach of either party of any of the terms hereof, the losing or defaulting party shall pay to the prevailing party reasonable attorneys ' fees, costs and expenses incurred in connection with the prosecution or defense of such action. 5. All comrrunications, notices and demands of any kind which either party may be required or desire to give to or serve upon the other party shall be made in writing and sent by registered or certified mail , postage paid, return receipt requested, to the following addresses: TITLE COMPANY: Stewart Title Company of Riverside County 7344 Magnolia Averue Riverside, CA 92504 DEVELOPER: Falcon Lake Properties 68-733 Perez Road, Suite 1 Cathedral City, CA 92234 Any such notice sent by mail shall be presumed to have been received by the addressee seventy-two (72) hours after posting in the United States Mail . Either party may change its address by giving the other party written notice of its new address as herein provided. EXHIBIT "D" ASSUMPTION AGREEMENT STEWART TITLE COMPANY/ FALCON LAKE PROPERTIES Page Two. IN WITNESS WHEREOF, the parties have executed this Agreement on the date and year first above written. . STEWART TITLE COMPANY OF RIVERSIDE COUNTY (TITLE COMPANY) BY: FALCON LAKE PROPERTIES, a Limited Partnership (DEVELOPER) By: FALCON LAKE ENTERPRISES, INC. , a California Corporation , as General PartnerBY: C.�Cev (/ � �lY •�C 7 BY rr ^-ti lmLe �1 W EXHIBIT "D" 6 ' WIDE BICYCLE EASEMENTS TO BE QUITCLAIMED PARCEL 1 Tract No. 13 , 792-1 , Map recorded in Book 107 , Pages 61 and 62 of Maps in the Office of the County Recorder of the ' County of Riverside , State of California shown on Paseo Azulejo (Lot "A") PARCEL 2 Tract No . 13 , 792-3 , Map recorded in Book 114 , Pages 46 and 47 of Maps in the Office of the County Recorder of the County of Riverside , State of California shown on Paseo Azulejo (Lot "A") . PARCEL 3 Tract No . 13 , 792-4 , Map recorded in Book 121 , Pages 1 and 2 of Maps in the Office of the County Recorder of the County of Riverside , State of California shown on Lot A. ---------------------------------------- ----------------------- - - - 15 ' WIDE BICYCLE EASEMENT TO BE QUITCLAIME➢ Tract No. 13 , 792-4 , Map recorded in Book 121 , Pages 1 and 2 of Maps in the Office of the County Recorder of the County of Riverside , State of California shown on Lot 2 . EXHIBIT "A" INDEMNITY AGREEMENT AND AGREEMENT FOR THE REMOVAL AND RELOCATION OF THE CATHEDRAL CANYON COUNTRY CLUB BIKEWAY THIS AGREEMENT entered into this 1 day of September, 1988 by and between the City of Palm Springs, California (hereinafter "City") and Falcon Lake Properties (hereinafter "Developer"). RECITALS A. WHEREAS, City now owns a bikeway easement through the properties as fully set out in Exhibit "A", incorporated herein by reference, located within the boundaries of the development known as Cathedral Canyon Country Club Homeowners Associations No. 6, No. 9 and No. 10; and B. WHEREAS, the City and Developer have deemed it to be in the best interests of all concerned to improve the security of said development by relocating the above-described bikeway and incorporating it within the equestrian easement as fully described in Exhibit "B", incorporated herein by reference. NOW; THEREFORE, IN CONSIDERATION OF THE MUTUAL PREMISES SET FORTH HEREIN, THE PARTIES AGREE AS FOLLOWS: 1. Developer shall relocate said bikeway at its own expense pursuant to the terms of the August 25, 1987 letter from Fred Hawkins, a copy of which is attached hereto as Exhibit "C" and incorporated herein by reference, as approved by Al Bushman in all particulars except item #6 regarding the Indemnity Agreement. 2. City will abandon and execute quitclaim deeds to the existing bikeway easements as described in Exhibit "A" in favor of the Cathedral Canyon Country Club Homeowners Associations No. 6, No. 9 and No. 10. 3. Developer shall indemnify, hold City harmless and, if requested by City, defend City from and against any and all liability and damages and any and all attorneys' fees, court costs and expenses incurred by City which arise from or are caused by the joint use of the easements described in Exhibit "B" for both bikeway and equestrian trail purposes. 4. Said indemnity shall run for a period of ten (10) years from the date of completion by Developer and acceptance by City of the improvements contemplated by the August 25, 1987 letter (Exhibit "C"), but shall terminate earlier in the event that no claim, for which the Developer would be liable under this Agreement, shall be filed against the City for any period of three (3) consecutive years following such completion and acceptance. 5. Developer shall have the right to assign part or all of ' its liability under this Agreement and be relieved of the same by assignment to and written assumption of such liability by any or all of Cathedral Canyon Country Club Homeowners Associations No. 6, No. 9, No. 10, No. 15, No. 16 or Stewart Title Company of Riverside County, provided such assignee(s), if requested by City, shall provide proof of financial responsibility and ability to respond in damages for any such liability. INDEMNITY AGREEMENT CITY OF PALM SPRINGS/ FALCON LAKE PROPERTIES Page Two. 6. This Agreement shall inure to the benefit of and be binding upon the parties hereto as well as their respective heirs, successors, representatives and assigns. 7. If either party commences an action against the other to enforce any of the terms hereof, or because of the breach of either party of any of the terms hereof, the losing or defaulting party shall pay to the prevailing party reasonable attorneys' fees, costs and expenses incurred in connection with the prosecution or defense of such action. B. All communications, notices and demands of any kind which either party may be required or desire to give to or serve upon the other party shall be made in writing and sent by registered or certified mail , postage paid, return receipt requested, to the following addresses: CITY City of Palm Springs 3200 E. Tahquitz-McCallum Way P. 0. Box 1786 Palm Springs, CA 92263 DEVELOPER Falcon Lake Properties 68-733 Perez Road, Suite 1 Cathedral City, CA 92234 Any such notice sent by mail shall be presumed to have been received by the addressee seventy-two (72) hours after posting in the United States Mail . Either party may change its address by giving the other party written notice of its new address as herein provided. IN WITNESS WHEREOF, the parties have executed this Agreement on the date and year first above written. CITY OF PALM SPRINGS J(CCIITY) BY: Nm✓ /PC NORM tING, CITY MAN GER FALCON LAKE PROPERTIES, a Limited Partnership (DEVELOPER) By: FALCON LAKE ENTERPRISES, IIJc- , a California Corporation, as General Partner J BY:— EXHIBIT "B" 6 ' WIDE BICYCLE EASEMENTS TO BE QUITCLAIMED PARCEL 1 Tract No. 13 , 792-1 , Map recorded in Book 107 , Pages 61 and 62 of Maps in the Office of the County Recorder of the County of Riverside , State of California shown on Paseo Azulejo (Lot "A") . PARCEL 2•-4., Tract No. 13 , 792-3 , Map recorded in Book 114 , Pages 46 and 47 of Maps in the Office of the County Recorder of the County of Riverside , State of California shown, on Paseo Azulejo (Lot "A'') . PARCEL 3 Tract No. 13 , 792-4 , Map recorded in Book 121 . Pages 1 and 2 of Maps in the Office of the County Recorder of the County of Riverside , State of California shown on Lot A. -------------------------------- ------------------------------ - - - 15 ' WIDE BICYCLE EASEMENT TO BE QUITCLAIMED Tract No . 13 , 792-4 , Map recorded in Book 121 , Pages and 2 of Mans in the Office of the County Recorder of the County of Riverside , State of California shown on Lot 2 . Exhibit B EXHIBIT "A" EQUESTRIAN TRAILS EASEMENTS The following easements may also be used by the" City of Palm Springs",'for a public bikeway: PARCEL 1 : Lots C, D and E of Tract No, 13792, Mao recorded in gook 123 , pages 77 and 78 of Maps in the office of the County Recorder of the County of Riverside, State of California . PARCEL 2 : Lot E of Tract No . 13 , 792-1 , Map recorded in Book 107 , Pages 61 and 62 of Maps in the Office of the County Recorder of the County of Riverside , State of California . PARCEL 3 : Lots C and D of Tract No. 13 , 792-4 , Map recorded in Book 121, Pages 1 and 2 of Maps in the Office of the County Recorder of the County of Riverside, State of California . Exhibit B EXHIBIT "H" ofIlksA t�7 of Palm Springs Dcn, rwirni �I Communn 5cn icr• 25 August 1987 Mr . Al Bushman , - resident .Falcon Lake Properties 68-733 Perez Road, Suite 1 Cathedral City, CA 92234 Dear Mr . Bushman : I have recently received a verbal opinion from the City Attorney concerning the liability issue of combining a bicycle trail within the existing equestriar trail easement at Cathedral. Canyon Country Club . According to `1r . Adams , and the City ' s Risk Manager , Wendy Hamilton , Pa m Springs would realize additional liability by incorporating the tug activities in the one ease- ment, given the established standa .ds of Riverside County - In reviewinc your latest letter dated July 2 , 1987 , 1 am pro- posing the following : In return for the City of Palm Springs ' abandoning and quit- claiming to the Homeowners Assosclat ? ons :he existing bicycle easement in the tracts outlined In your icly 2 letter , it is proposed that Falcon Lake Properties commit to the following : 1 , Correct any and all !nto the existing equestrian easement at Falcon Lake Properties ' expense . (West side and South S2de ) 2 . Trim and otherwivs -FTc uctlor of plant raterlan , etc . , - - . _ : . _ -. r easv7ent . 3 . construct a b3cyc_a, t _ - , _ vit "I : n the equestrian trail easw�ert , per C1 '_y . : 77C5li.s ' 1, ire x 2 " t.^. = c� ) . The _ icycle trail snot _ .. vo 2Acvios CJtnoard of the - wesLClan trail , _ r_ _ . : ng t�- ; Dpert} ! Ina , as estsyllshed . EXHIBIT "C" E>[ bit B 25 August 1967 Page Z 4 . That a two rail , split rail cedar fence be constructed adjacent to the inboard edge of the new bicycle trail , to separate the two trails . 5 _ That all gates , posts , and other obstructions be re- movecf"from the total width of the easement . 6 . That Falcon Lake Properties provide the City of Palm Springs with a Hold Harmless Agreement indemnifying the City of Palm Springs againsc possible liability as a result of the joint une of trails . 7 . That prior tc formulating staff recommendation concerning the bicycle trail , the alignment be staked and this office asked for review - After completion of the construction and modifications , the City of ?alm Springs will assume the responsibility of maintain- inc the bicycle trail and equestrian trail . Once these conditions have been agreed to by Falcon Lake Properties and the Homeowners Association , and the completion of the staking , ? will call a meeting of the Park and Recreation Commission to outline the proposal - The Commission can then recommend -or or against the proposal refore sending to the Planning Commission ,and to the City Council for action - If Falcon Lake Properties can agree to the above conditions , Please sign below and return to me . Kinq'erely, FRED HAWKINS, Director The Above terms accepted : Parks , Recreation & Library Department AC. BUSHMAN , President ( Date ) FaIcan [.ake Properties ccc Rod Johnson , homeowners Association Bob Leonard , President , Homeowners Assoc , = 6 Ed Levine , President , Homeowners Assoc , : 9 Al Peichle , President , Homeowners Assoc , k10 Fxhibit B ,. rShmn INDEMNITY AGREEMENT AND AGREEMENT FOR THE PROVISION OF A GENERAL MAINTENANCE FUND FOR THE CITY OF PALM SPRINGS, CALIFORNIA THIS AGREEMENT entered into this 2 day of September, 1988 by and between the City of Palm Springs,~ California (hereinafter "City") and Stewart Title Company of Riverside County (hereinafter "Title Company"). RECITALS A. WHEREAS, City now owns a bikeway easement through the properties as fully set out in Exhibit "A", incorporated herein by reference, located within the boundaries of the development known as the Cathedral Canyon Country Club Homeowners Associations No. 6, No. 9 and No. 10; and B. WHEREAS, the City and Falcon Lake Properties (hereinafter "Developer") have, by separate agreement of even date as fully described in Exhibit "B", incorporated herein (hereinafter "Relocation Agreement") , agreed to vacate and relocate the above-described bikeway and incorporate it within the Equestrian Easement as fully described in Exhibit "C", incorporated herein by reference; and C. WHEREAS, Title Company, by separate agreement of even date as fully described in Exhibit "D", incorporated herein (hereinafter "Assumption Agreement"), has agreed to assume the Developer's indemnity agreement three (3) years from the date of completion by the Developer and acceptance by the City of the improvements contemplated by the August 25, 1987 letter referenced in paragraph four (4) of Exhibit "B"; and D. WHEREAS, Title Company and the City have deemed it to be in the best interests of all concerned to vacate and relocate the above-described bikeway by incorporating it into the above-described equestrian easement. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL PREMISES SET FORTH HEREIN, THE PARTIES AGREE AS FOLLOWS: 1. Title Company shall escrow Thirty-five Thousand and no/100 Dollars ($35,000.00) in a trust account at a bank in the Palm Springs area (to be released only to the City when the existing bikepath right-of-way, as described in Exhibit "A", has been vacated) , with said Thirty-five Thousand and no/100 Dollars ($35,000.00) to be used by the City for maintenance of the above-described relocated bikeway and equestrian trail or for such other maintenance or purpose the City may deem appropriate. INDEMNITY AGREEMENT CITY OF PALM SPRINGS/ STEWART TITLE COMPANY Page Two. 2_ This Agreement shall be null and void if Lhe existing bikepath right-of-way located within the boundaries of the develooment known as Cathedral Canyon Country Club Homeowners Associations No. 6, No. 9 and No. 10, more fully described in Exhibit "A", has not been vacated within one hundred eighty (180) days of this agreement. 3. This Agreement shall inure to the benefit of and be binding upon the parties hereto as well as their respective heirs, successors, representatives and assigns. 4. If either party commences an action against the other to enforce any of the terms hereof, or because of the breach of either party of any of the terms hereof, the losing or defaulting party shall pay to the prevailing party reasonable attorneys ' fees, costs and expenses incurred in connection with the prosecution or defense of such action. 5. All communications, notices and demands of any kind which either party may be required or desire to give to or serve upon the other party shall be made in writing and sent by registered or certified mail , postage paid, return receipt requested, to the following addresses: CITY: City of Palm Springs 3200 E. Tahquitz-McCallum Way P. 0. Box 1786 Palm Springs, CA 92263 TITLE COMPANY: Stewart Title Company of Riverside County 7344 Magnolia Avenue Riverside, CA 92504 Any such notice sent by mail shall be presumed to have been received by the addressee seventy-two (72) hours after posting in the United States Mail . Either party may change its address by giving the other party written notice of its new address as herein provided. IN WITNESS WHEREOF, the parties have executed this Agreement on the date and year first above written. CITY OF PALM SPRINGS (CITY) BY: Le &4- NORM KING, CITY MANAGER STEWART TITLE COMPANY OF RIVERSIDE COUNTY (TITLE COMPANY) BY LEE SELTE , PRESIDENT 6 ' WIDE BICYCLE EASEMENTS TO BE QUITCLAIMED PARCEL 1 Tract .'No. 13 , 792-1 , Map recorded in Book 107 , Pages 61 and 62 of Maps in the Office of the County Recorder of the County of Riverside , State of California shown on Paseo Azulejo (Lot "A") PARCEL 2 Tract No . 13 , 792-3 , Map recorded in Book 114 , Pages 46 and 47 of Maps in the Office of the County Recorder of the County of Riverside , State of California shown on Paseo Azulejo (Lot "A") . PARCEL 3 Tract No . 13 , 792-4 , Map recorded in Book 121 , Pages 1 and 2 of Maps in the Office of the County. Recorder of the County of Riverside , State of California shown on Lot A. ------------------------------ --------------------------------- - - - 15 ' WID,E BICYCLE EASEMENT TO HE QUITCLAIMED Tract No. 13 , 792-4 , Map recorded in Book 121 , Pages I and 2 of Maps in the Office of the County Recorder of the County of Riverside , State of California shown on Lot 2 . EXHIBIT "A" I