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HomeMy WebLinkAbout04526 - HEAVENSTONE COLLECTIONS SUBDIVISION TM 30453 PD 266 --o Cindy Berardi From: Carol Templeton Sent: Tuesday, September 14, 2010 3:56 PM To: Cindy Berardi Subject: RE: Subdivision Imp Agr Question (es. carol Templeton, Engineering Associate ;ity of Palm Springs Engineering Division )irect(760)323-8253 Ext. 8741 -ax(760)322-8360 or 322-8325 'lease note new email address: carol.temp_let.Qn.@palmspringsca.gov ittp://www.gcode.us/codes/palmsprings/view.. hp) 40TE THAT CITY HALL OFFICE HOURS ARE MONDAY THROUGH THURSDAY 8 AM TO 6 PM. THE PUBLIC ENGINEERING COUNTER IS CLOSED MONDAY THROUGH THURSDAY 11 AM TO 2 PM. ONFIDENTIAI,ITY NOTICE—This e-mail transmission,and any documents,files or previous e-mail messages attached to it may contain nformation that is confidential or legally privileged.If you are not the intended recipient,or a person responsible for delivering it to the ntended recipient,you are hereby notified that you must not read this transmission and that any disclosure,copying,printing,distribution or ise of any of the information contained in or attached to this transmission is STRICTLY PROHIBITED. If you have received this transmission n error,please immediately notify the sender by telephone at(760)323-8253 X8741 or return e-mail and delete the original transmission and is attachments without reading or saving in any manner. =rom: Cindy Berardi Pent: Tuesday, September 14, 2010 3:46 PM ro: Carol Templeton subject: Subdivision Imp Agr Question ,an the attached be closed out? inJ,q FDer-ardi Deputy City clerL D�Fir..e c:rF tl7e its IerL ,ity of Palm Springs '. O. Box 2743 'alm.Springs, CA 92262 760) 322-8355 :indy.Berardi(cDpalmspringsca.gov 'lease note the office hours for City Hall are Monday-Thursday 8am-6pm, and we are closed on Fridays. please consider the environment prior to printing this e-mail. Thank you! ait diN)t 0 Heavenstone Collections Subdivision Agreement AGREEMENT #4526 R20382, 7-3-02 SUBDIVISION IMPROVEMENT AGREEMENT by and between CITY OF PALM SPRINGS and THE HEAVENSTONE COLLECTIONS, LLC Palm Springs Canyon Gate, LLC, Managing Member ■ 0 TABLE OF CONTENTS • 1.Construction Obligations........................................................... 1 1.1 Works of Improvement........................................... 1 1.2 Other Obligations Referenced in Conditions of Tentative Map Approval......................................... 2 1.3 Intent of Plans........................................................ 2 1.4 Survey Monuments................................................ 2 1.5 Performance of Work.............................................. 3 1.6 Changes in the Work.............................................. 3 1.7 Defective Work....................................................... 3 1.8 No Warranty by City............................................... 3 1.9 Authority of the City Engineer................................ 3 1.10 Documents Available at the Site............................ 3 1.11 Inspection............................................................... 3 1.12 Compliance with Law............................................. 4 1.13 Suspension of Work............................................... 4 1.14 Final Acceptance of Works of Improvement........... 4 2. Time for Performance....................................................... 5 2.1 Commencement and Completion Dates................. 5 2.2 Phasing Requirements............................................ 5 2.3 Force Majeure......................................................... 5 2.4 Continuous Work.................................................... 6 2.5 Reversion to Acreage.............................................. 6 2.6 Time of the Essence................................................ 6 3. Labor................................................................................. 6 3.1 Labor Standards...................................................... 6 3.2 Nondiscrimination................................................... 6 3.3 Licensed Contractors.............................................. 7 3.4 Workers' Compensation.......................................... 7 4. Security............................................................................. 7 4.1 Required Security...............................................I.... 7 4.2 Form of Security Instruments.................................. 8 4.3 Subdivider's Liability................................................ 9 4.4 Letters of Credit....................................................... 9 4.5 Release of Security Instruments.............................. 10 5. Cost of Construction and Provision of Inspection Service............................................................................... 11 5.1 Subdivider Responsible for All Related Costs of i Constructe......................................................� 11 5.2 Payment to City for Cost of Related Inspection and Engineering Services........................................ 11 6. Acceptance of Offers of Dedication................................... 11 7. Warranty of Work.............................................................. 11 8. Default................:.............................................................. 12 8.1 Remedies Not Exclusive.......................................... 12 8.2 City Right to Perform Work...................................... 12 8.3 Attorney's Fees and Costs....................................... 12 9. Indemnity.......................................................................... 12 10 General Provisions............................................................. 13 10.1 Successors and Assigns......................................... 13 10.2 No Third Party Beneficiaries.................................... 13 10.3 Entire Agreement; Waivers and Amendments....... 13 11. Corporate Authoi ity........................................................... 13 ii SUBDIVISION IMPROVEMENT AGREEMENT THIS SUBDIVISION IMPROVEMENT AGREEMENT(this "Agreement") is entered into this 3 � day of 1 v��—tP , 2002, by and between the CITY OF PALM SPRINGS, a municipal corpora it on of the State of California ("CITY"), and The Heavenstone Collections, LLC; Palm Springs Canyon Gate, LLC, Managing Member ("Subdivider"). RECITALS A. Subdivider is the owner of,and has obtained approvalof asubdivision mapfor Tract No. 30453 in the City of Palm Springs, County of Riverside, State of California (the "Property").The map contains conditions of approval for the development of the Property(the "Conditions"). B. Pursuanttothe Conditions, Subdivider, bythe Map, has offered dedication to Cityforstreet and utility purposes as shown on the Map as Lots"A"and"B"and an easement for public utilities and ingress and egress ofservice and emergency vehicles over Lot 8.City desires to accept the easements shown on the Map as Lots"A"and"B"for public street and public utility purposes, and Lot 8 for easement for public utilities and ingress and egress of service and emergency vehicles and certain other improvements described in this Agreement. C. Subdivider has delivered to City and City has approved plans and specifications and related documents for certain "Works of Improvement" (as hereinafter defined) which are required to be constructed and installed in order to accommodate the development of the Property. D. Subdivider's agreement to construct and install the Works of Improvement pursuant to this Agreement and its offer of dedication of the streets, easements and other improvements and facilities, as shown on the Map, are a material consideration to City in approving the final map for the Property and permitting development of the Property to proceed. COVENANTS Based upon the foregoing Recitals which are incorporated herein by reference and in consideration ofCity's approving the Map forthe Property and permitting development of the Property to proceed, Subdivider agrees to timely perform all of its obligations as set forth herein. 1. Construction Obligations. 1 1.1 Worksmprovement. Subdivider agrees, .*sole cost and expense, to construct or install or cause to be constructed or installed the street, drainage, domestic water, sanitary sewer and other improvements (herein sometimes collectively referred to as the "Works of Improvement"), as the same may be supplemented and revised from time to time as set forth herein (said plans and specifications, together with all related documents, are referred to herein as the "Plans"). The estimated construction cost for the Works of Improvement is $83,703.33. 1.2 Other Obligations Referenced in Conditions of Tentative Map Approval. In addition to the foregoing, Subdivider shall satisfy all of the conditions of approval on the tentative map forthe Property.The conditions of approval which have not been satisfied prior to the date of this Agreement are identified on Exhibit "A" hereto. 1.3 Intent of Plans. The intent of the Plans referenced in Section 1.1 is to prescribe a complete work of improvement which Subdivider shall perform or cause to be performed in a manner acceptable to the City Engineer (or his/her designee) and in full compliance with all codes and the terms of this Agreement.Subdivider shall complete a functional or operable improvement or facility,even though the Plans may not specifically call out all items of work required for the contractor to complete its tasks, incidental appurtenances, materials,and the like. If any omissions are made or information necessaryto carry out the full intent and meaning of the Plans,Subdivider or its contractor shall im.nediately notify its design engineerwho will seek approval of the City Engineer for furnishing of detailed instructions. In the event of any doubt or question arising regarding the true meaning of any of the Plans, reference shall be made to the City Engineer whose decision thereon shall be final. Subdivider recognizes that the Plans consist of general drawings. All authorized alterations affecting the requirements and information given on the Plans shall be in writing and approved by the City Engineer. The Plans shall be supplemented by such working or shop drawings as are necessary to adequately control the work.Withoutthe City Engineer's priorwritten approval, no change shall be made by Subdivider or Subdivider's contractorto any plan, specification, orworking or shop drawing after it has been stamped as approved. 1.4 Survey Monuments. Before final approval of street improvements, Subdivider will place survey monument(s) as shown on the Map in accordance with the provisions of the State Subdivision Map Act and the Subdivision Ordinance of the City of Palm Springs. Subdividershall provide security for such obligation as provided in Section 4.1(a)(iii)and, after setting the monument(s), Subdivider shall furnish the City Engineer of the City of Palm Springs written notice of the setting of said monument(s)and written proof of having paid the engineer orsurveyorforthe setting of said monument(s). 1.5 Performance of Work. Subdivider shall furnish or cause to be furnished all materials, labor,tools,equipment, utilities,transportation, and incidentals required to perform Subdivider's obligations under this Agreement. 2 , 1.6 Cha s in the Work. The City Engine Nithout invalidating this Agreement and without notification to any of the sureties or financial institutions referenced in Paragraph 4, may order extra work or may make changes by altering or deleting any portion of the Works of Improvement as specified herein or as deemed necessary ordesirable bythe City Engineeras determined necessaryto accomplish the purposes of this Agreement and to protectthe public health,safety,orwelfare.The City Engineer shall notify Subdivider or Subdivider's contractor in writing (by Correction Notice)at the time a determination has been made to require changes in the work. No field changes performed or proposed by Subdivider or its contractor shall be binding on City unless approved in writing by the City Engineer. 1.7 Defective Work. Subdivider shall cause its contractor to repair, reconstruct, replace, or otherwise make acceptable any work found by the City Engineer to be defective. 1.8 No Warranty by City. The Plans for the Works of Improvement have been prepared by or on behalf of Subdivider or its consultants or contractors, and City makes no representation or warranty, express or implied, to Subdivider or to any other person regarding the adequacy of the Plans or related documents. 1.9 Authority of the City Engineer. In addition to the authority granted to the City Engineer elsewhere in this Agreement,the City Engineershall have the authority to decide all questions which may arise as to the quality and acceptability of materials furnished and work performed,and all questions as to the satisfactory and acceptable fulfillment of the terms of this Agreement by Subdivider and Subdivider's contractor. 1.10 Documents Available at the Site. Subdivider shall cause its contractor to keep a copy of all approved Plans at the job site and shall give access thereto to the City's inspectors and engineers at all times. 1.11 Inspection. Subdivider shall have an authorized representative on the job site at all times during which work is being done who has full authority to act for Subdivider, or its design engineer, and Subdivider's contractor(s) regarding the Works of Improvement. Subdivider shall cause its contractorto furnish the City with every reasonable facility for ascertaining whether or not the Works of Improvement as performed are in accordance with the requirements and intent of this Agreement, including the Plans. If the City inspector requests it,the contractor at anytime before acceptance of the Works of Improvement shall remove or uncoversuch portions of the finished work as may be directed which have not previously been inspected. After examination, the contractor shall restore said portions of the work to the standards required hereunder. Inspection or supervision by the City shall not be considered as direct control of the individual workmen on thejob site.City's inspector shall have the authority to stop any and all work not in accordance with the requirements contained or referenced in this Agreement. The inspection of the work by City shall not relieve Subdividerorthe contractor of any obligations to fulfill this Agreement as herein provided,and unsuitable materials 3 or work maybe ruled notwithstanding that such mate*-or work may have been previously overlooked or accepted. 1.12 Compliance With Law. In addition to the express provisions of this Agreement and the Plans, Subdivider shall cause construction of the Works of Improvement to be completed in accordance with all other applicable federal, state, and local laws, ordinances, rules and regulations. 1.13 Suspension of Work. City Engineer shall have authority to order suspension of the work for failure of the contractor to comply with law pursuant to Section 1.11. In case of suspension of work for any cause whatever, Subdivider and its contractor shall be responsible for all materials and shall store them properly if necessary and shall provide suitable drainage and erect temporary structures where necessary. 1.14 Final Acceptance of Works of Improvement. After Subdivider's contractor has completed all of the Works of Improvement, Subdivider shall then request a final inspection of the work. It items are found by the inspector to be incomplete or not in compliance with this Agreement or any of the requirements contained or referenced herein,Citywill inform the contractor of such items.Afterthe contractor has completed these items, the procedure shall then be the same as specified above for the contractor's initial request for final inspection. If items are found by City's inspector to bu incomplete or not in compliance after two (2) "final" inspections, City may require the contractor,as a condition to performing further field inspections, to submit in writing a detailed statement of the work performed subsequent to the date of the previous inspection which was found to be incomplete or not in compliance at that time. No inspection or acceptance pertaining to specific parts of the Works of Improvement shall be construed as final acceptance of any part until the overall final acceptance by City is made. Final acceptance shall not constitute a waiver by City of defective work subsequently discovered. The date on which the Works of Improvement will be considered as complete shall be the date of the Notice of Acceptance. 2. Time for Performance. 2.1 Commencement and Completion Dates. Subject to Section 2.2 and 2.3 below, Subdividershall(i)commence with construction and installation of the Works of Improvement thirty (30) days following City's approval of the Plans ("Commencement Date"); and(ii)complete or cause to be completed all of the Works of Improvement nine (9) months after the Commencement Date. 2.2 Phasing Requirements. Notwithstanding the provisions of Section 2.1, City reserves the right to control and regulate the phasing of completion of specific Works of Improvement as required to comply with applicable City ordinances, regulations, and rules relating to the timely provision of public services and facilities. 4 In addition to whA&r other remedies City may have for W ivider's failure to satisfy such phasing requirements, as the same now exist or maybe amended from time to time. Subdivider acknowledges City's right to withhold the issuance of further building permits on the Property until such phasing requirements are satisfies. Prior to issuance of building permits, Subdivider shall provide satisfactory evidence that all applicable requirements that are a condition to issuance of building permits have been satisfied. Such requirements may include the payment of fees, construction of improvements, or both. 2.3 Force Majeure. Notwithstanding the provisions of Section 2.1, Subdivider's time for commencement and completion of the Works of Improvement shall be extended forthe period of any enforced delay caused due to circumstances beyond the control and without the fault of Subdivider, including to the extent applicable adverse weather conditions,flood,earthquakes,strikers, lockouts,acts or failures to act of a public agency (including City), required changes to the Scope of Work required by City, and similar causes; provided, however,that the period of any enforced delay hereundershall not include any period longerthan five(5)days priorto City's receipt of a written notice from Subdivider or its Contractor detailing the grounds for Subdivider's claim to a right to extend its time for performance hereunder. City Engineer shall evaluate all claims to Force Majeure and his decision shall be final. 2.4 Continuous Work. After commencement of construction of the Works of Improvement(or separate portion thereof), Subdivider shall cause such work to be diligently pursued to completion, and shall not abandon the work for a consecutive period or more than thirty (30) days, events of Force Majeure excepted. 2.5 Reversion to Acreage. In addition to whatever other rights City may have due to Subdivider's failure to timely perform its obligations hereunder, Subdivider recognizes that City reserves the rig ht to revert the Property to acreage subject to the limitations and requirements set forth in California Government Code Sections 66499.11-66499.20-3/4. In this regard, Subdivider agrees that if the Works of Improvement have not been completed on or before the later oftwo(2)years from the date of this Agreement or within thetime allowed herein,whichever is the later, and if City thereafter initiates proceedings to revert the Property to acreage, pursuant to Government Code Section 66499.16 Subdivider hereby consents to reversion and agrees that any improvements made by or on behalf of Subdivider shall not be considered in determining City's authority to revert the Property to acreage. 2.6 Time of the Essence. Time is of the essence of Subdivider's performance of all of its obligations under this Agreement, 3. Labor. 3.1 Labor Standards. Subdivider shall be responsible for causing all contractors and subcontractors performing any of the Works of Improvement to comply with all applicable federal and state labor standards, including to the extent 5 applicable the proing wage requirements promulgate*the Director of Industrial Relations of the State of California Department of Labor. 3.2 Nondiscrimination. Subdivider agrees that no contractor or subcontractor performing any of the Works of Improvement shall discriminate against any employee or prospective employee with respect to such work in hiring, promotion, seniority, or any other terms and conditions of employment on the grounds of race, creed, color, national origin, ancestry, religion, sex, or marital status. 3.3 Licensed Contractors. Subdivider shall cause all of the Works of Improvement to be constructed by contractors and subcontractors with valid California Contractors' licenses for the type of work being performed. 3.4 Worker's Compensation. Subdivider shall cause every contractor and subcontractor performing any of the Works of Improvement to carry Workers' Compensation Insurance as required by the Labor Code of the State of California and shall cause each such contractor and subcontractor to submit to City a Certificate of Insurance verifying such coverage prior to such contractor or subcontractor entering onto the job site. 4. Security. 4.1 Required Sec,irk. (a) At the time Subdivider executes this Agreement, Subdivider shall furnish to City the following bonds, letters of credit, instruments of credit (assignment of deposit account)or other security acceptable to City in its sole and absolute discretion and satisfying the requirements of the applicable provisions of this Section 4 below (hereinafter "Security Instruments"): (i) A Security Instrument securing Subdivider's faithful performance of all of the Works of Improvement("Faithful Performance Security Instrument"), in the amount of $83,703.33 estimated construction costs listed in Section 1.1. (ii) A Security Instrument guaranteeing the payment to contractors, subcontractors, and other persons furnishing labor, materials, and/or equipment ("Labor and Materials Security Instrument")with respect to the Works of Improvement in an amount equal to $41,851.66 of the estimated construction cost referenced in Section 1.1. (iii) A Security Instrument guaranteeing the payment of the cost of setting monuments as required in Section 1.4 in the amount of $5,000.00 of the estimated monumentation cost. This Agreement shall not be effective for any purpose until such Security Instruments are supplied to and approved by City in accordance herewith. 6 (b)*guired Security Instrument for Main4knce and Warrant. Prior to the City Council's acceptance of the Works of Improvement and recordation of a Notice of Completion, Subdivider shall deliver a Security Instrument warranting the work accepted far a period of one (1) year following said acceptance("Maintenance and Warranty Security Instrument"),with the amount of such Security Instrument to be equal to $20,925.83 of the estimated construction cost set forth in Section 1.1 or a suitable amount determined by the City Engineer. 4.2 Form of Security Instruments. All Security Instruments shall be in the amounts required under Section 4.1 (a) or 4.1(b), as applicable, shall meet the following minimum requirements and otherwise shall be in a form provided by City or otherwise approved by the City Attorney: (a) Bonds. For Security Instruments provided in the form of bonds, any such bond must be issued and executed by an insurance company or bank authorized to transact surety business in the State of California.Any insurance company acting as surety shall have a minimum rating ofA-IX, as rated by the current edition of Best's Key Rating Guide published byA.M. Best's Company, Oldwick, New Jersey,08858.Any bank acting as surety shall have a minimum rating of AA, as rated by Moody's or Standard & Poor's. (b) Letters of Credit. For Security Instruments which are letters of credit, any letter of credit shall be an original separate unconditional, Irrevocable, negotiable and transferable commercial letter of credit issued by a financial institution with offices in the State of California acceptable to City. Any such letter of credit shall specifically permit City to draw on same by unilateral certification of the City Engineer of the City that Subdivider is in default under its payment or performance obligations hereunder or in the event Subdividerfailsto deliver replacement letter of credit not less than thirty(30) days prior to the date of expiration of any such letter of credit and shall further be subject to the provisions of Section 4.4. (c) Instrument of Credit. For Security Instruments which are Instruments of Credit, any Instrument of Credit shall be an assignment of deposit account assigning as security to City all of Subdivider's interest in funds on deposit in one or more bank accounts with financial institutions acceptable to City. (d) General Requirements for all Security Instruments. (i) Payments under any Security Instruments shall be required to be made (and, with respect to bonds, litigation shall be required to be instituted and maintained) in the City of Palm Springs, State of California (and the Security Instrument shall so provide). (ii) Each Security Instrument shall have a minimum term of one (1) year after the deadline for Subdivider's completing the Works of 7 Imoement,in accordance with Section*Other than Instruments of Credit, which shall have no defined term or expiration date). (iii) Each Security Instrument shall provide that changes maybe made in the Works of Improvement pursuant to the terms of this Agreement without notice to any issuer or surety and without affecting the obligations under such Security Instrument. 4.3 Subdivider's Liability. While no action of Subdivider shall be required in order for City to realize on its security under any Security Instrument, Subdivider agrees to cooperate with City to facilitate City's realization under any Security Instrument, and to take no action to prevent City from such realization of any Security Instrument. Notwithstanding the giving of any Security Instrument orthe subsequent expiration of any Security Instrument or any failure by any surety or financial institution to perform its obligationswith respectthereto, Subdividershall be personally liablefor performance under this Agreement and for payment of the cost of the labor and materials for the improvements required to be constructed or installed hereby and shall,within ten(10)days afterwritten demand therefor,deliverto City such substitute security as City shall require satisfying the requirements in this Section 4. 4.4 Letters of Credit. (a) In the event algtterof credit is given pursuant to Section 4.2(b),City shall be entitled to draw on any such letter of credit if a replacement letter of credit (expiring in not less than one (1) year, unless City agrees to a lesser term in City's sole and absolute discretion) is not delivered not less than thirty (30) days prior to the expiration of the original letter of credit, such substitute letter of credit being in the same amount and having the terms and conditions as the initial letter of credit delivered hereunder, issued by a financial institution acceptable to City as of the date of delivery of the replacement letter of credit. (b) In the event of draw by the City on a letter of credit, the City may elect, in its sole and absolute discretion,to apply any such funds drawn to the obligations secured by such letter of credit orto hold such funds in an account underthe control of the City,with no interest accruing thereon forthe benefit of the Subdivider. If the City elects to hold the funds in an account pursuantto the foregoing, City may thereafter at any time elect instead to apply such funds as provided in the foregoing.Subdivider agrees and hereby grants City a security interest in such account to the extent required for Cityto realize on its interests therein and agrees to execute and deliver to City any other documents requested by City in order to evidence the creation and perfection of City's security interest in such account. 4.5 Release of Security Instruments. (a) City shall release the Faithful Performance Security Instrument and Labor and Materials Security Instrument when all of the following have occurred: 8 0(i) Subdivider has made writtSequest for release and provided evidence of satisfaction of all other requirements in this Section 4.5; (ii) the Works of Improvement have been accepted; (iii) Subdivider has delivered the Maintenance and Warranty Security Instrument; and (iv) subject to the following sentences after passage of the time within which lien claims are required to be made pursuant to Article 3 (commencing with Section 3114) of Chapter 2 of Title 15 of Part IV of Division 3 of the California Civil Code. If lien claims have been timely filed, City shall hold the Labor and Materials Security Instrument until such claims have been resolved, Subdivider has provided a statutory bond, or otherwise as required by applicable law. (b) City shall release the Maintenance and Warranty Security Instrument upon Subdivider's written request upon the expiration of the warranty period, provided no claims are outstanding at that time regarding defective work. 5. Cost of Construction and Provision of Inspection Service. 5.1 Subdivider Responsible for All Costs of Construction. Subdivider shall be responsible for payment of all costs incurred for construction and installation of the Works of Improvement. In the event Subdivider is entitled to reimbursement from City for any of the Works of Improvement, such reimbursement shall be subject to a separate Reimbursement Agreement to be entered into between Subdivider and City prior to construction of the works. 5.2 Payment to City for Cost of Related Inspection and Engineering Services. Subdivider shall compensate City for all of City's costs reasonably incurred in having its authorized representative make the usual and customary inspections of the Works of Improvement. In addition, Subdivider shall compensate City for all design, plan check,evaluating any proposed oragreed-upon changes in the work.The procedures for deposit and payment of such fees shall be as established by the City Council. In no event shall Subdivider be entitled to additional inspections or a final inspection and acceptance of any of the Works of Improvement until all City fees and charges have been fully paid, including without limitation, charges for applicable penalties and additional required inspections. 6. Acceptance of Offers of Dedication. The City Council shall pass as appropriate resolution or resolutions accepting all offers of dedication shown on the Map for the Property,with acceptance to become effective upon completion and acceptance by City of the Works of Improvement. Such resolution(s)shall authorize the City Clerk to execute the Certificate made a part of the Map regarding said acceptance of the offer of dedication. 9 7. Warrantyofva. Subdivider shall guarantee all Woof Improvement against defective materials and workmanship for a period of one(1)year from the date of final acceptance. If any of the Works of Improvement should fail or prove defective within said one(1)year period due to any reason otherthan improper maintenance, or if any settlement of fill orbackfill occurs,or should any portion of the Works of Improvement fail to fulfill any requirements of the Plans, Subdivider, within fifteen (15) days after written notice of such defects, or within such shorter time as may reasonably be determined by the City in the event of emergency, shall commence to repair or replace the same togetherwith any otherwork which maybe damaged or displaced in so doing. Should Subdivider fail to remedy defective material and/orworkmanship or make replacements or repairs within the period of time set forth above, City may make such repairs and replacements and the actual cost of the required labor and materials shall be chargeable to and payable by Subdivider. The warranty provided herein shall not be in lieu of, but shall be in addition to, any warranties or other obligations otherwise imposed by law. 8. Default. 8.1 Remedies Not Exclusive. In any case where this Agreement provides a specific remedy to City fora default by Subdivider hereunder,such remedy shall be in addition to, and not exclusive of, City's right to pursue any other administrative,legal, or equitable remedy to which it may by entitled. 8.2 City Right to Perform Work. In addition to whatever other rights or remedies it may have for Subdivider's default hereunder, in the event Subdividershall fail to timely perform any work required to be performed under this Agreement and such failure shall continue for a period of twenty (20) days after receipt of written notice of default from City, or thereafter Subdivider shall fail to diligently and continuously pursue the cure of any such defaultto completion, City shall have the right to enter into the Property and perform any of the uncompleted work by force account or contract or both and thereupon recover from Subdivider or any Security Instrument, or both, the full cost and expense thereby incurred by City. 8.3 Attorney's Fees and Costs. In the event that Subdivider fails to perform any obligation under this Agreement, Subdivider agrees to pay all costs and expenses incurred by City in securing performance of such obligations, including costs of suit and reasonable attorney's fees. In the event of any dispute arising out of Subdivider's performance of its obligations under this Agreement or under any of the Security Instruments referenced herein,the prevailing party in such action, in addition to any other relief which may be granted, shall be entitled to recover its reasonable attorney's fees and costs. Such attorney's fees and cost shall include fees and costs on any appeal, and in addition a party entitled to attorney's fees and costs shall be entitled to all other reasonable costs incurred in investigating such action, taking depositions and discovery, retaining expert witnesses, and all other necessary and related costs with respect to the litigation.All such fees and costs shall be deemed to have accrued on commencement of the action and shall be enforceable whether or not the action is prosecuted to judgment. 10 9. Indemnity. Slaivider agrees to indemnify, defendsl hold harmless City and City's officers,employees, and agents from and against any and all claims, liabilities, losses, damages, causes of action, and obligations arising out of Subdivider's failure to perform the construction and installation of the Works of Improvement in accordance with the requirements contained or referenced in this Agreement. Said indemnity obligation shall apply to personal injury,death, property damage,economic loss, and any other monetary damage or penalty to which City may be subjected, including without limitation,attorney's fees and costs and the costs of realizing on any Security Instrument provided by Subdivider pursuant to the terms hereof. Such indemnity obligation shall not extend to any loss resulting from City's sole negligence or wilful misconduct. 10. General Provisions. 10.1 Successors and Assigns. This Agreement shall be binding upon all successors and assigns to Subdivider's right,title,and interest in and to the Property and any portion thereof. 10.2 No Third Party Beneficiaries. This Agreement is intended to benefit onlythe parties hereto and their respective successors and assigns. Neither City nor Subdivider intend to create anythird party beneficiary rights in this Agreement in any contractor, subcontractor, member of the general public, or other person or entity. 10.3 Entire Agreement: Waivers and Amendments. This Agreement integrates all of the terms and conditions mentioned herein,or incidental hereto, and supersedes all negotiations and previous agreements between the parties with respect to all or part of the subject matter hereof, except as may be expressly provided herein.All waivers of the provisions of this Agreement must be in writing and signed by an authorized representative of the party to be charged, and all amendments hereto must be in writing and signed by the appropriate representatives of both parties. 11. Corporate Authority.The persons executing this Agreement on behalf of the parties hereeto warrant the (1)such party is duly organized and existing, (ii)they are- duly authorized to execute and deliver this Agreement on behalf of said party, (iii)by so executing this Agreement, such party is formally bound to the provisions of this Agreement, and (iv) the entering into of this Agreement does not violate any provisions of any other Agreement to which said party is bound. 11 IN WITNESS WHEREOF, the parties hereto have executed this Subdivision Improvement Agreement as of the date first above written. DATE L/�' ?b3 ATTEST: CITY OF PALM SPRINGS, CALIFORNIA B ie, � ✓� — Patricia A. Sanders, itty Clerk David Ready, nager APPROVED AS TO FORM: 1y2 )i • City Attorney CONTRACTOR: The Heavenstone Collections, LLC Palm Springs Canyon Gate, LLC, Managing Member (Check One: _ individual, _X_ partnership corporation) �� (Notarize Signature) B M rr k Temple, Manager Print Name and Title APPROVED 1° 7FdE MT V "Subdivider" Mailing Address: 707 Tahquitz Canyon Way East, Suite 23 Palm Springs, CA 92262 12 0 0 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT K; State of California IQ, ss. "1I County of -7?t Ve t-s i cd e L Ile On DR ile aO r a00 a before me, I 'F Data Nara,and Toe of Offee,(a g,Read par Nial"llefle) personally appeared N.me(,)of C,,.de) Ili 1i 5(personally known to me D proved to me on the basis of satisfacto ry a evidence jI I ', to be the persons) whose name(s) is/are d subscribed to the within instrument d IQ, acknowledged to me that he/she/they executed It the same in his/her/their authorized [ ,I capacity(ies), and that by his/her/their signature(s) on the instrument the person(s)- or I r, the entity upon behalf of which the person(s) acted, executed the instrument. It,;{ AlversElde County i1, WITNESS my hand and official seal. IQ OPTIONAL 10 Though the information below is not required bylaw,it may prove valuable to persons relying on the document and could prevent IQ fraudulent removal and reattachment of this form to another document o41 1( oil Description of Attached Document IQ Title or Type of Document: Q, Document Date, Number of Pages: Signer(s) Other Than Named Above: wl Capacity(ies) Claimed by Signer is ka Signer's Name: L1 Individual Top of thumb here El Corporate Officer—Title(s): C D Partner—0 Limited El General I. 0 Attorney-in-Fact 11 Trustee iJl 0 Guardian or Conservator it El Other: JI Signer Is Representing: 1999 National Nate,Ap5axatoa-9350 Do Solo Ave.,PO Box 2402-Chatsworth.CA 91313 2402-vivrw riallonalrielar,or, Fred No 5907 Reorder Call Toll Free 1 800 876 6827 • EXHIBIT "A" S CONDITIONS OF TENTATIVE MAP APPROVAL APPLICABLE TO PROJECT INDIAN CANYON DRIVE NORTH 6. The driveway approach shall be constructed in accordance with City of Palm Springs Standard Drawing No. 201 and have minimum width of 30 feet measured from the existing north curb face on APN 507-192-002 (replacing existing improvements for Via Colusa now vacated). 7. Construct a minimum 4 foot wide sidewalk behind the curb to match existing sidewalk as required along the entire frontage in accordance with CityofPalm Springs Standard Drawing No. 210. 8. Construct an 8 inch curb and gutter, 38 feet EAST of centerline along the entire frontage, with a 35 foot radius curb return at the SOUTHWEST corner of the subject property per City of Palm Springs Standard Drawing No. 200. 9. Construct a minimum 8 foot wide sidewalk behind the curb along the entire frontage in accordance with City of Palm Springs Standard Drawing No. 210. 10. Construct a curb ramp meeting current California State Accessibility standards at the SOUTHWEST corner of the subject property per City of Palm Springs Std. Dwg. Nos. 212 and 212A. 11. Remove and replace existing pavementwith a minimum pavement section of 5 inch asphalt concrete pavementover4 inch aggregate basewith a minimum subgrade of 24 inches at 95% relative compaction, OR equal, from edge of proposed gutter to clean sawcut edge of existing pavement along the entire frontage in accordance with City of Palm Springs Standard Drawing No. 340. The pavement section shall be designed, using"R"values, by a licensed Soils Engineer and submitted to the City Engineer for approval. 12. All broken or off grade CURB, GUTTER, AC PAVEMENT AND SIDEWALK shall be repaired or replaced. ALEJO ROAD EAST 14. Construct an 8 inch curb and gutter, 38 feet NORTH of centerline along the entire frontage of APN 507-195-012 per City of Palm Springs Standard Drawing No. 200. 15. Construct a temporary 6 inch asphalt curb taper, 88 feet in length starting at a point on the proposed curb and gutter 69 feet west of the east property line and extending southeasterly ending atthe existing edge of pavement per City of Palm Springs Standard Drawing No. 200 -Al-8. 13 16. Construct*in imum 5 foot wide sidewalk behiS6 curb along the entire frontage of APN 507-195- 012 and 016 in accordance with City of Palm Springs Standard Drawing No. 210. 17. Construct AC pavement with a minimum pavement section of 5 inch asphalt concrete pavement over 4 inch aggregate base with a minimum subgrade of 24 inches at 95% relative compaction, OR equal, from edge of proposed gutter to clean sawcut edge of existing pavement along the entire frontage in accordance with City of Palm Springs Standard Drawing No. 340. The pavement section shall be designed, using "R" values, by a licensed Soils Engineer and submitted to the City Engineer for approval. 17A. All broken or off grade CURB, GUTTER, AC PAVEMENT AND SIDEWALK shall be repaired or replaced. TRAFFIC 40. The developer shall provide a minimum of 48 inches of sidewalk clearance around all street furniture, fire hydrants and other above-ground facilities for handicap accessibility.The developer shall provide same through dedication of additional right-of-way and widening of the sidewalk orshall be responsible for the relocation of all existing traffic signal/safety light poles, conduit, pull boxes and all appurtenances located on the INDIAN CANYON DRIVE NORTH and ALEJO ROAD EAST frontages of the subject property. 41. Construction signing, lighting and barricading shall be provided for on all projects as required by City Standards or as directed by the City Engineer.As a minimum, all construction signing, lighting and barricading shall be in accordance with State of California, Department of Transportation, "MANUAL OF TRAFFIC CONTROLS FOR CONSTRUCTION AND MAINTENANCE WORK ZONES" dated 1996, or subsequent additions in force at the time of construction. EXHIBIT "A" TO SUBDIVISION IMPROVEMENT AGREEMENT 14 - ;SSUED IN QUADRUPLICATE BOND: 8269855 • premium: I00-00 f TWO YEAR TERM CITY OF PALM SPRINGS BOND FOR FAITHFUL PERFORMANCE, LABOR, AND MATERIALS FOR SETTING OF MONUMENTS WHEREAS,the City Council of the City of Palm Springs, State of California, and The Heavenston Collections. LLC a California Limited Liability Company (hereinafter designated as 'Principal') have entered into or are about to enter into, an agreement whereby Principal agrees to set certain survey monuments, which said agreement, dated 20, and identified as Project Final Map 30453 , is hereby m referred to and ade a part hereof; and WHEREAS, said Principal is required under the terms of said Agreement to furnish a bond for the faithful performance of said Agreement and the payment of the engineer or surveyor for the setting of said monuments. NOW THEREFORE, we, the Principal, and Developers Surety and Indemnity Company, as surety, are held and firmly bound unto the City of Palm Springs (hereinafter called"City"), and all contractors, subcontractors, laborers, materialmen, and other persons Employed in the performance of the aforesaid Agreement with respect to the setting of monuments, in the penal sum of Five Thousand DOLLARS ($5,000.00), lawful money ofthe United States, for materials furnished or laborthereon of any kind, orfor amounts due under the Unemployment Insurance Act with respect to such work or labor, and for the completion of said setting of monuments,thatsaid suretywill paythe same in an amount not exceeding the amount herein above setforth,forthe paymentofwhich sum well and trulyto be made, we bind ourselves, our heirs, successors, executors and administrators,jointly and severally, firmly by these presents. It is hereby expressly stipulated and agreed thatthis bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. The condition of this obligation is such that if the above bonded Principal, his or its heirs, executors, administrators, successors orassigns,shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and provisions in the said Agreement respecting the setting of monuments and any alteration thereof made as therein provided, on his or their part to be kept and performed at the time and in the manner therein specified, and in all respects according to theirtrue intent and meaning, and shall indemnify and save harmless the City of Palm Springs, its officers, agents and employees, as therein Page 1 of 2 stipulated, and shall have provided to the City evidence that the engineer or surveyor, and all said contractors, subcontractors, laborers, materialmen, and other persons employed in the performance of the aforesaid Agreement with respect to the setting of monuments, have been paid forthe setting of monuments,then this obligation becomes null and void; otherwise it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. The surety hereby stipulates and agrees that no change,extension oftime, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any way affect its obligations on this bond, and itdoes herebywaive notice of any such change,extension of time, alteration oraddition to the terms of the Agreement or to the work or to the specifications. IN WITNESS WHEREOF, this instrument has been executed by the Principal and surety above named, on JUNE 12 20 02 THE HEAVENSTONE COLLECTION, LLC. DEVELOPERS SURETY AND INDEMNITY COMPANY - Principal Surety = Attorney-in-Fact s. SMITH-BOWMAN englfarmskfMhman bnd Page 2 of 2 STATE OF CALIFORNIA SS. COUNTY OF SAN DIEGO On &//C� /O<:(-7 -, before me, DANETTE JACOBS PERSONALLY APPEARED S. SMITH-BOWMAN 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 DANETfE JAC08S signature(s)on the instrument the person(s), or the entity upon behalf Commission#1357>ilti of which the person(s)acted, executed the instrument. Notary Public-California San Diago County WITNESS my hand and official seal. MyCam.E)OmsApr 16,2005 Signature This area for Official Notarial Seal OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER TITLE OF TYPE OF DOCUMENT TITLE(S) ❑ PARTNER(S) ❑ LIMITED ❑ GENERAL ❑ ATTORNEY-IN-FACT NUMBER OF PAGES ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR ❑ OTHER: DATE OF DOCUMENT SIGNER IS REPRESENTING: NAME OF PERSON(S)OR ENTRY(IES) SIGNER(S) OTHER THAN NAMED ABOVE ID-1232(REV.5/01) ALL-PURPOSE ACKNOWLEDGEMENT POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO BOX 19725,IRVINE,CA 92623•(949)263-3300 KNOW ALL MEN BY THESE PRESENTS,that except as expressly limited, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,do each severally,but notjouuly,hereby make,constitute and appoint ***STEVEN R. BONILLA, S. SMITH-BOWMAN, D. KOHL, JOINTLY OR SEVERALLY**"" as the hue and lawful Attonicy(s)-m-Fact,to rake,execute,deliver and acknowledge,1'or and on belialf of said corporations as sureties,bonds,undertakings and contracts of suretyship giving and granluig unto said Atlorney(s)-in-Fact full power ,aid authority to do and to pefomi every act necessary, mquism or proper to be done in connection thoiewilh as cacti of said corporations could do,but resevuig to cacti ofsaid corporations full power of substitution and revocation,and all of the acts of said Attorney(s)-in-Fact,pursuant to these presents,me hereby mlilecd and confirmed. This Power of Attorney is granted and is signed by facsimile under and by anihouty Of the following resolutions adopted by []tc respective Board of Directors of DEVELOPERS SURETYAND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,cffcclrvc as of November I,2000* RESOLVED,ilia[the Chairman of the Board,the President and any Vice Picsidom of-the corporation be,and that each of tlicnt hereby is,authorized to execute Powers of Attorney,qualifying the attor icy(s)named in the Powers ol-Auorney to execute,on behalf o'Ilia corporations,bonds,undertakings and contracts of suretyship;and that the Scerotaty or any Assistant Secretary of the corporations be.and each of them hereby is,authorized to attest the execution of any such Power of Attorney; RESOLVED FURTHER,that the signatmes of such officcis may be affixed to any such Power of Attorney or to any certificate mlatnig thereto by facsimile,and any such Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future with respect to any bond, undertaking or conle act of sui etyship to which it is attached. IN WITNESS WHEREOF, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to be signed by their respective Executive Vice President and attested by their respective Secretary this 8111 day of November,2000. By David H.Rhodes,Executive Vice President ,�,���Y AND/NO.,, COMPANY O� PORq�.,F`�',, r.-L pPPORq', C-1,p P Z O OCT s mo 0 1967 z ep 1936 oe y By J. Walter A.Crowell, Secretary °7>�%.,• /OvyF ;•`-da cg41mo P STATE OF CALIFORNIA ) )SS. COUNTY OF ORANGE ) On November 8,2000,bcf rc me,Dianc 1 Kawata,personally appeared David H.Rhodes and Walter A.Crowell,personally known to me(or proved to me on the basis of satisfactory evidence) to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in them authorized capacities,and that by their signatures on ttrc instrument the entity upon behalf of which the persons acted,executed the instrument. WITNESS my hand and official seal I DIANE J.KAWqA , �J _ COMM.#1167928 w,Y frT✓\�, n - NOTARY PUBLIC-CALIF03%A N Signature [' m ORANGE COUNTY — MY Contra.Ern.Jan.B,2002 CERTIFICATE The undersigned, as Chief Operating Officer of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, does hereby eerbfy that the foregoing Power ofAttorrey remains in full fncrc'dnd has not been revoked,and fiuthenuore,that the provisions of the resolutions of the respective Boards of Directors of said corporations sot forth in the Power ofAdvrncy,arc m force as.?f the date of this Certificate. This Certificate is executed in the City of Irvine,California,the. LZTHdav or -_JTTNF— BY � __ �—,`-------�-- - David G Lane,Chief Operating Officer ID-1390(I1/00) ISSUED IN QUADRUPLICATE BOND: 8269845 PREMI CITY OF PALM SPRINGS BOND FOR MAINTENANCE AND WARRANTY OF IMPROVEMENTS WHEREAS, the City Council of the City of Palm Springs, State of California, and The Heavenstone Collections LLC a California Limited Liability Company- (hereinafter designated as "Principal") have entered into an agreement whereby Principal agrees to install and complete certain designated public improvements, which said agreement, dated 20_, and identified as Project _Final Map No 30453 , is hereby referred to and made a part hereof; and WHEREAS, Principal is required under the terms of said Agreement to maintain and guarantee the costs or repair and/or replacement of defective materials or defective workmanship in such improvements, which guarantee shall remain in effect for a period of one (1) year from date of acceptance of work by the City of Palm Springs (hereinafter called "City'), and to furnish a bond for the faithful performance of said Agreement and the payment of all contractors, subcontractors, laborers, materialmen, and other persons employed in the performance of any such maintenance and warranty work. WHEREAS, Principal has completed said work and the City has accepted, or substantially concurrently herewith is accepting, said work, subject to the requirement of delivery of this obligation. NOW THEREFORE, we, the Principal, and Developers Surety and Indemnity Company, as surety, are held and firmly bound unto the City, and all contractors, subcontractors, laborers, materialmen, and other persons employed in the performance of the aforesaid Agreement, for one (1) year from and after the date of completion and acceptance of said work, in the penal sum of Twenty Thousand Nine Hundred Twenty Six DOLLARS ($ 20,926 00 ), lawful money of the United States, for replacement and repair of any and all defective materials or defective workmanship within said improvements, and the payment of all materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor in connection with any such maintenance or warranty, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. The condition of this obligation is such that if the above bonded Principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and Page 1 of 2 abide by, and well and truly keep and perform the covenants, conditions and provisions in the said Agreement respecting the repair and replacement of defective workmanship and materials thereof made as therein provided, on his or their part to be kept and performed at the time and in the manner therein specified, and in all respects save harmless the City of Palm Springs, its officers, agents and employees, as therein stipulated, then this obligation becomes null and void; otherwise it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anyway affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications. IN WITNESS WHEREOF, this instrument has been executed by the Principal and surety above named, on DUNE 12 , 2002. THE HEAVENSTONE COLLECTIONS, LLC. DEVELOPERS SURETY AND INDEMNITY COMPANY Principal Surety - f. " 9 Attorney-in-Fact S. SMITH-BOWMAN Page 2 of 2 STATE OF CALIFORNIA SS. COUNTY OF SAN DIEGO On &✓/-� /0�q , before me, DANETTE JACOBS PERSONALLY APPEARED S.SMITH-BOWMAN personally known to me(or proved to me on the basis of satisfactory evidence)to be the person(s)whose nante(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 DANE.TfE JACOBS signature(s)on the instrument the person(s), or the entity upon behalf Commission#1357>i78 of which the person(s)acted, executed the instrument. NoWry Public-Caftmis San Diopo County WITNESS my hand and official seat.. AAyComm.Etgti as Apr 16,2006 GThis area for Official Notarial Seal OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER TITLE OF TYPE OF DOCUMENT TITLE(S) ❑ PARTNER(S) ❑ LIMITED ❑ GENERAL ❑ ATTORNEY-IN-FACT NUMBER OF PAGES ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR ❑ OTHER: DATE OF DOCUMENT SIGNER IS REPRESENTING: NAME OF PERSON(S)OR ENTIW(IES) SIGNERS OTHER THAN NAMED ABOVE ID-1232(REV.5/01) ALL-PURPOSE ACKNOWLEDGEMENT POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO BOX 19725,IRVINE,CA 92623•(949)263-3300 KNOW ALL MEN BY THESE PRESENTS, that except as expressly minted, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,do each severally,but notmintly,hereby make,constitute and appoint ***STEVEN R. BONILLA, S. SMITH-BOWMAN, D. KOHL, JOINTLY OR SEVERALLY**"" as the hue and lawful Attonncy(s)-m-Fact,to male,execute,deliver and acknowledge,for and on behalf of said corporations as sureties,bonds,undertakings and contracts of suretyship giving and grinning unto said Auorncy(s)-in-Fact full pewe' and nulhorily to do and to perform every act necessary, mquisitc or proper to be done ill connection therewith as each of said corporations could do,but resciving to each of sail corpoiations full power of substitution and revocation,and all of the acts of said Attomey(s)-m-Fact,pursuant to these presents,arc hereby ratified and confirmed. This Powei of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,effective as of November I,2000: RESOLVED,that the Chairman of the Board,the President and any Vice ['resident of'the corporation be,and that each of then hereby is,authorized to execute Powers of Attorney,qualifying the attorney(s)trained in the Powers ofAttorncy to execute,on behalf o] thte corporations,bonds,undertakings and contracts of suretyslulx and that the Secic ary or any Assistant Secretary of the corporations be,and each of them heteby is,authorized to adest the execution of any such Power ofAttorncy, RESOLVED,FURTHER,that the signatures of such effects may be affixed to any such Power of Attonicy or to any ccrtificatc relating thereto by facsimile,and any such Power of Attonicy or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future with respect to any bond, undertaking or contract of suretyship to which it is attached IN WITNESS WHEREOF, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to be sighed by their respective Executive Vice President and attested by their mspectivc Secretary this 8�11 day of November,2000 By o o',y AND OOMPANVO.� David H Rhodes,Executive Vice President ORgj GpPP , ��'2i-,/ 2-x=OOpPOggT�C'-y-f, OCT5 o 0 -m w 1967 z y B Wallcr A.Crowell, Secretary =7w.,, SOW ;raaa� cg41FOFl�xP STATE OF CALIFORNIA ) )SS. COUNTY OF ORANGE ) On Novcr im'8,2000,before me,Diane J.Kawata,personally appeared David H Rhodes and Walter A Crowell,personally known to me(or proved to me on lire basis of satisfactory evidence) to be the persons whose names one subscribed to the within instrument and acknowledged to me that they executed the same in then'authorized capacities,and that by dimr signatures oil lire instrument the entity upon behalf of which the persons acted,executed the instrument WITNESS my bond and official seal t GOMM.#1167ATA CMM.I.KAWATA D . - NOTARY PUBLIC-CALIFORMA± Signamrc L m ORANGE COUNTY -- ---- MY Comm UP.Jan.B,2002 CERTIFICATE The undcisigned, as Chic[Opcmting Officer of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA. does hereby certify that the foregoing Power of Attonicy remains in full force and bas got been revoked,and furthermore,that the provisions of the resolutions of the respective Boards of Directors of said corporations set Forth in the Power of AttOady,are m Ibrce as of the dale ofthis Certificate. This Certificate is executed in the City of Irvmu,California,tiro_]2T_$day of. _JUKE_ 2002 C 14 By_ X_�' - David G.Lane,Clucf Operating Officer - --- -- - - ID-1390(11/00) ISSUED IN QUADRUPLICATE • BOND: 8�845 PREMIUM: .� 1,674.00 / TWO YEAR TERM CITY OF PALM SPRINGS FAITHFUL PERFORMANCE BOND WHEREAS, the City Council of the City of Palm Springs, State of California, and The Heavenstone Collections LLC, a California Limited Liability Company (h rein designated as "Principal") have entered into an agreement whereby Principal agre s to install and complete certain designated public improvements, which said agreem nt, dated , 20_, and identified as project Final Map No. 30453 , is hereby referred to and made a part hereof; and WHEREAS, Principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. NOW, THEREFORE, we, the Principal and Developers Surety and Indemnity Company as surety, are held firmly bound unto the City of Palm Springs, (hereinafter called "City"), in the penal sum of Eighty Three Thousand Seven Hundred Three dollars ($ 83,703.00 ) lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents. The condition of this obligation is such that if the above bounded principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless the City of Palm Springs, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications. Page 1 of 2 Faithful Performance Bond IT WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on JUNE 12 , 20 02 . THE HFAVENSTONE 'COLLECTIONS. TT.C. DEVELOPERS STIRFTY AND INDEMNITY COMFANv-._- --.- Principal Surety Attorney-in-Fact--S. SMITH-BOWMAN Page 2 of 2 STATE OF CALIFORNIA SS. COUNTY OF SAN DIEGO -7 On & .,—) before me, DANETTE JACOBS PERSONALLY APPEARED S.SMITH-BOWMAN 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/theirauthorized capacity(ies),and that by his/her/their ' '^ signature(s)on the instrument the person(s), or the entity upon behalf DANETTE#1 1 351913519 Commission6 of which the persons)acted, executed the instrument_ Notary Public-CaGfomia San Diego county WITNESS mly/hhannd and official seal. W comm.Expires Apr 16,2006 Signatured- This area for Official Notarial Seal OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER TITLE OF TYPE OF DOCUMENT TITLE(S) ❑ PARTNER(S) ❑ LIMITED ❑ GENERAL ❑ ATTORNEY-IN-FACT NUMBER OF PAGES ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR ❑ OTHER: DATE OF DOCUMENT SIGNER IS REPRESENTING: NAME OP PERSON(S)OR ENTITY(IES) SIGNER(S) OTHER THAN NAMED ABOVE ID-1232(REV.5/01) ALL-PURPOSE ACKNOWLEDGEMENT ISSUED IN QUADRUPLICATE • BOND: 82J&4S PREMIUM: 'LURED IN PERFORMANCE BOND CITY OF PALM SPRINGS LABOR AND MATERIALS BOND WHEREAS, the City Council of the City of Palm Springs, State of California, and The Heavenstone Collections. LLC a California Limited Liability Company (hereinafter designated as "Principal") have entered into an agreement whereby Principal agrees to install and complete certain designated public improvements, which said agreement, dated , 20, and identified as project Final Map No. 30453 , is hereby referred to and made a part hereof; and WHEREAS, under the terms of said agreement, principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Palm Springs to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, Principal and the undersigned as corporate surety, are held firmly bound unto the City of Palm Springs and all contractors, subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Civil Code in the sum of Forty One Thousand Eight Hundred Fifty Two dollars ($ 41,852.00 ), for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration or addition. Page 1 of 2 Labor and Materials Bond IT WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on JUNE 12 2002 THE HEAVENSTONE COLLECTIONS. LLC. DEVELOPERS SURETY AND INDEMNITY CL'tPAtsY_ --_ Principal Surety Attorney-in-Fact s. SMITH—BO M Page 2 of 2 STATE OF CALIFORNIA SS. COUNTY OF/ SAN DIEGO On &11�q k before me, DANETTE JACOBS PERSONALLY APPEARED S.SMITH-BOWMAN 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 fJANETfE JACOBS signature(s)on the instrument the person(s), or the entity upon behalf Commission#1351916 of which the person(s)acted, executed the instrument. Notary Public-California San Diogo County WITNESS my hand and official seal. My Comm.E)0resApr 16,2006 Signature (Qalu l- & ( This areafor Official Notarial Seal OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER TITLE OF TYPE OF DOCUMENT TITLE(S) ❑ PARTNER(S) ❑ LIMITED ❑ GENERAL ❑ ATTORNEY-IN-FACT NUMBER OF PAGES ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR ❑ OTHER: DATE OF DOCUMENT SIGNER IS REPRESENTING: NAME OF PERSON(S)OR ENTRN(IES) SIGNER(S)OTHER THAN NAMED ABOVE 0-1232(REV.5/01) ALL-PURPOSE ACKNOWLEDGEMENT • POWER OFATTORNEY FOR • DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO BOX 19725,IRVINE,CA 92623•(949)263-3300 KNOW ALL MEN BY TIi ESE PRESENTS,that except as expressly limited, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,do each severally,but notjointly,hereby ntalco,constitute and appoint ***STEVEN R. BONILLA, S. SMITH-BOWMAN, D. KOHL, JOINTLY OR SEVERALLY**' as the him and lawful Ahorney(s)-m-Fact,to male,execute,deliver and acknowledge,for and on behalf of said corporations as sureties,bends,undertakings and contracts Of suretyship giving and granting unto said Altorncy(s)-in-Fact full powcr and authority to do End to perform every act necessary, requisite or proper to be done in connection thcmwith as each of said corporations could do.but reserving to each of said corporations fall power of substitution and revocation,and all of the acts of said Attorncy(s)-m-Fact,pursuant to these presents,arc hereby ratified and confirmed. This Powcr or Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,effective as of November I,2000: RESOLVED,that the Chairman of the Board,the President and any Vice President of the corporation be,and that each of them hereby is,authorized to execute Powers of Attorney,qualifying the attorney(s)named in the Powers ofAtmrncy to execute,on behalf of the Corporations,bonds,undertakings and contracts of suretyship;and that the Secretary or any Assistant Secretary of the corporations be,and each of them hereby is,authorized to attest the execution of any such Powcr of Attorney, RESOLVED,FUR'f1-IER,that the signatues of such officers may be Effixed to any such Power of Atlomey or to any certificate nelagng thereto by facsimile,and any such Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future with respect to any bond, undertalang or contract of suretyship to which it is attached IN WITNESS WHEREOF, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to be signed by their respective Executive Vice President and attested by their respective Secretary this 8111 day of November,2000, By,_ David H.Rhodes,Executive Vice President 'E�y ANC ENO•"•. OOMPANy OF Oggrc(°?�Z°: _> OOPPORgT1cc� ocT.s a o oa= io? p 1967 DO By: =oe 1936 See 2 a Walter A.Crowell, Secretary yam ., �OWP , :`aDc cHOFOPNxP STATF:OF CALIFORNIA ) )SS. COUNTY OF ORANGE ) On November 8,2000,before tile,Diane.1.Kawata,personally appeared David 1-I,Rhodes and Water A Crowell,personally known to me(or proved to me on the basis of satisfactory evidence) to be the persons whose nines am subscribed to the within mstruunenl and acknowledged to lue that they executed the same in their authorized capacities,and that by thou signatures on Nm mstrirmcrrt the entity upon behalt'ef which the per sons acted,executed the instrument. WITNESS my hand and official seal. DIANE J.KAWATA �/� COMM.01167928 NOTARY PUBLIC-CALMORNIA Signature _ m ORANGE COUNTY My COM Exp.An.B,201YP CERTIFICATE The undersigned, as Chief Operating Officer of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, does hereby certify that the foregoing Powcr of Atinmcy remains in full force and fias ueI been revoked,and furthemmrc,that the provisions of Lhc resolutions of the respective Boards of Directors of said corporations set forth in the Power ofA tiomcy,arc in fprcr,as of the date of this Certificate. This Cedif/into is executed in the Cny of Irvine,California,tile" 12THday of" OUNE=_ , 2002 By David G.Lane,Chief Operating Officer ----- ID-1390(1 1/00)