Loading...
HomeMy WebLinkAboutA4058 - LAMAR PALMS 2359 TAHQUITZ CANYON STREET IMPR STREET IMPROVEMENT AGREEMENT by and between CITY OF PALM SPRINGS and LAMAR PALMS ASSOCIATES, L.P. Street Improvement Agreement 5. Cost of Construction and Provision of Inspection Service............. 9 5.1 Subdivider Responsible for All Related Costs of Construction...................... ........................ ......................... 9 5.2 Payment to City for Cost of Related Inspection and Engineering Services.................................................... 9 6. Default.............................................................................................. 10 6.1 Remedies Not Exclusive...................................................... 10 6.2 City Right to Perform Work.................................................. 10 6.3 Attorney's Fees and Costs................................................... 10 7. Indemnity.......................................................................................... 10 8 General Provisions........................................................................... 11 8.1 Successors and Assigns...................................................... 11 8.2 No Third Party Benefici;aries................................................ 11 8.3 Entire Agreement; Waivers and Amendments.................... 11 ii Lamar Palms Assoc. Sub-Div Improvement Agr- • • 2359 Tahq Cyn Way East 4058 Street Im Improvement Agreement AGREEMENT #12-2 P 9 CM Signed, 12-23-98 STREET IMPROVEMENT AGREEMENT THIS STREET IMPROVEMENT AGREEMENT (this "Agreement") is entered into this,��Iay of, ��� d 199Z, by and between the CITY OF PALM SPRINGS, a municipal corporation of the State of California ("CITY"), and Lamar Palms Associates, L.P. ("Developer"). RECITALS A. Developer is the owner of, and has obtained approval of a project referred to as PM 28918 located at 2359 Tahguitz Canyon Way East in the City of Palm Springs, County of Riverside, State of California (the "Property"). The approval contains conditions of approval for the development of the Property (the "Conditions"). B. Pursuant to the Conditions, Developer has delivered to City and City has approved the street improvement plan which street improvements are required to be done in order to accommodate the development of the Property. C. Developer's agreement to install street improvements along the frontage of the Property pursuant to this Agreement are a material consideration to City in permitting construction on the Property to proceed. COVENANTS Based upon the foregoing Recitals which are incorporated herein by reference and in consideration of City's approving the Street Improvement Plan(s) for the Property and permitting construction on the Properly to proceed, Developer agrees to timely perform all of its obligations as set forth herein. 1. Street Improvement Obligations. 1.1 Street Improvements. Developer agrees, at its sole cost and expense, to install street improvements along the frontage of the Property in accordance with the "Street Improvement Plan(s)", as the same may be supplemented and revised from time to time as set forth herein (said plans, together with all related documents, are referred to herein as the "Plans"). The estimated construction cost for the Street Improvements is $27,195.00. 1.2 Other Obligations Referenced in Conditions of Tentative Map Approval. In addition to the foregoing, Developer shall satisfy all of the Conditions pertaining to the installation of street improvements along the frontage of the Property. The conditions of approval which have not been satisfied prior to the date of this Agreement are identified on Exhibit "A" hereto. 1 Street Improvement Agreement 1.3 Intent of Plans. The intent of the Plans referenced in Section 1.1 is to prescribe a complete work of installation of street improvements which Developer 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. Developer 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 necessary to carry out the full intent and meaning of the Plans, Developer or its contractor shall immediately notify its design engineer who 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. Developer 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. Without the City Engineer's prior written approval, no change shall be made by Developer or Developer's contractor to any plan, specification, or working or shop drawing after it has been stamped as approved. 1.4 Performance of Work. Developer shall furnish or cause to be furnished all materials, labor, tools, equipment, utilities, transportation, and incidentals required to perform Developer's obligations under this Agreement. 1.5 Changes in the Work. The City Engineer, without 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 Street improvements as specified herein or as deemed necessary or desirable by the City Engineer as determined necessary to accomplish the purposes of this Agreement and to protect the public health, safety, or welfare. The City Engineer shall notify Developer or Developer'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 Developer or its contractor shall be binding on City unless approved in writing by the City Engineer. 1.6 Defective Work. Developer shall cause its contractor to repair, reconstruct, replace, or otherwise make acceptable any work found by the City Engineer to be defective. 1.7 No Warranty by City. The Plans for the Street Improvements have been prepared by or on behalf of Developer or its consultants or contractors, and City makes no representation or warranty, express or implied, to Developer or to any other person regarding the adequacy of the Plans or related documents. 2 Street Improvement Agreement 1.8 Authority of the City Engineer: In addition to the authority granted to the City Engineer elsewhere in this Agreement, the City Engineer shall 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 Developer and Developer's contractor. 1.9 Documents Available at the Site. Developer 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. 1.10 Inspection. Developer 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 Developer, or its design engineer, and Developer's contractor(s) regarding the Street Improvements. Developer shall cause its contractor to furnish the City with every reasonable facility for ascertaining whether or not the installation of Street Improvements as performed is in accordance with the requirements and intent of this Agreement, including the Plans. If the City inspector requests it, the contractor at any time before acceptance of the Street Improvements shall remove or uncover such 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 the job 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 Developer or the contractor of any obligations to fulfill this Agreement as herein provided, and unsuitable materials or work ma,y be rejected notwithstanding that such materials or work may have been previously overlooked or accepted. 1.11 Compliance With Law. In addition to the express provisions of this Agreement and the Plans, Developer shall cause the installation of Street Improvements to be completed in accordance with all other applicable federal, state, and local laws, ordinances, rules and regulations. 1.12 Suspension of Work. City Engineer shall have authority to order suspension of the work for failure of contractor to comply with law pursuant to Section 1.11. In case of suspension of work for any cause whatever, Developer 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. 3 Street Improvement Agreement 1.13 Final Acceptance of Street Improvements. After Developer's contractor has completed all of the Street Improvements, Developer shall then request a final inspection of the work. If 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, City will inform the contractor of such items. After the 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 be 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 Street Improvements 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. 2. Time for Performance. 2.1 Commencement and Completion Dates. Subject to Section 2.2 and 2.3 below, Subdivider shall (i) commence with the installation of Street Improvements on or before thirty (30) days following City's approval of the Plans ("Commencement Date"); and (ii) complete or cause to be completed all of the installation of Street Improvements no later than six(6) 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 Street Improvements as required to comply with applicable City ordinances, regulations, and rules relating to the timely provision of public services and facilities. In addition to whatever other remedies City may have for Developer's failure to satisfy such phasing requirements, as the same now exist or may be amended from time to time. Developer 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, Developer 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. 2.3 Force Mae ure. Notwithstanding the provisions of Section 2.1, Developer's time for commencement and completion of the Street Improvements shall be extended for the period of any enforced delay caused due to circumstances beyond the control and without the fault of Developer, 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 hereunder shall not include any period longer than five (5) days prior 4 Street Improvement Agreement to City's receipt of a written notice from Developer or its Contractor detailing the grounds for Developer'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 the installation of the Street Improvements (or separate portion thereof), Developer 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 Original Condition. In addition to whatever other rights City may have due to Developer's failure to timely perform its obligations hereunder, Developer recognizes that City reserves the right to revert the Property to original condition subject to the limitations and requirements set forth in California Government Code Sections E36499.11-66499.20-3/4. In this regard, Developer agrees that if the Street Improvements have not been completed on or before the later of two (2) years from the date of this Agreement or within the time allowed herein, whichever is the later, and if City thereafter initiates proceedings to revert the Property to original condition, pursuant to Government Code Section 66499.16 Developer hereby consents to reversion and agrees that Street Improvements made by or on behalf of Developer shall not be considered in determining City's authority to revert the Property to original condition. 2.6 Time of the Essence. Time is of the essence of Developer's performance of all of its obligations under this Agreement, 3. Labor. 3.1 Labor Standards. Developer shall be responsible for causing all contractors and subcontractors performing any of the Street Improvements to comply with all applicable federal and state labor standards, including to the extent applicable the prevailing wage requirements promulgated by the Director of Industrial Relations of the State of California Department of Labor. 3.2 Nondiscrimination. Developer agrees that no contractor or subcontractor performing any of the Street Improvements 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. Developer shall cause all of the Street Improvements to be constructed by contractors and subcontractors with valid California Contractors' licenses for the type of work being performed. 5 Street Improvement Agreement 3.4 Worker's Compensation. Developer shall cause every contractor and subcontractor performing any of the Street Improvements 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 Security. (a) At the time Developer executes this Agreement, Developer 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 Developer's faithful performance of all of the Street improvements ("Faithful Performance Security Instrument"), in the amount of 100% of the estimated construction costs listed in Section 1.1. This Agreement shall not be effective for any purpose until such Security Instruments are supplied to and approved by City in accordance herewith. 4.2 Form of Security Instruments. All Security Instruments shall be in the amounts required under Section 4.1 (a), 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 of A-IX, as rated by the current edition of Best's Key Rating Guide published by A.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 Director of Transportation of the City that Developer is in default under its payment or performance obligations 6 Street Improvement Agreement hereunder or in the event Developer fails to deliver a 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 Developer'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 Developer's completing the Street Improvements, in accordance with Section 2.1 (other than Instruments of Credit, which shall have no defined term or expiration date). (iii) Each Security Instrument shall provide that changes may be made in the Street Improvements 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 Developer's Liability. While no action of Developer shall be required in order for City to realize on its security under any Security Instrument, Developer 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 or the subsequent expiration of any Security Instrument or any failure by any surety or financial institution to perform its obligations with respect thereto, Developer shall be personally liable for performance under this Agreement and for payment of the cost of the labor and materials for the Street improvements required to be done hereby and shall, within ten (10) days after written demand therefor, deliver to City such substitute security as City shall require satisfying the requirements in this Section 4. 4.4 Letters of Credit. (a) In the event a letter of 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 7 Street Improvement Agreement 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 or to hold such funds in an account under the control of the City, with no interest accruing thereon for the benefit of the Developer. If the City elects to hold the funds in an account pursuant to the foregoing, City may thereafter at any time elect instead to apply such funds as provided in the foregoing. Developer agrees and hereby grants City a security interest in such account to the extent required for City to 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 when all of the following have occurred: (i) Developer has made written request for release and provided evidence of satisfaction of all other requirements in this Section 4.5; (ii) the Street Improvements have been completed and approved to the satisfaction of the City; 5. Cost of Street Improvements and Provision of Inspection Service. 5.1 Developer Responsible for All Costs of Street Improvements. Developer shall be responsible for payment of all costs incurred for construction and installation of the Street Improvements In the event Developer is entitled to reimbursement from City for any of the Street Improvements, such reimbursement shall be subject to a separate Reimbursement Agreement to be entered into between Developer and City prior to construction of the works. 5.2 Payment to City for Cost of Related Inspection and Engineering Services. Developer shall compensate City for all of City's costs reasonably incurred in having its authorized representative make the usual and customary inspections of the Street Improvements. In addition, Developer shall compensate City for all design, plan check, evaluating any proposed or agreed-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 Developer be entitled to additional inspections or a final inspection and acceptance of any of the Street Improvements until all City fees and charges have been fully paid, including without limitation, charges for applicable penalties and additional required inspections. 8 Street Improvement Agreement 6. Default. 6.1 Remedies Not Exclusive. In any case where this Agreement provides a specific remedy to City for a default by Developer 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. 6.2 City Right to Perform Work. In addition to whatever other rights or remedies it may have for Subdivider's default hereunder, in the event Developer shall 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 Developer shall fail to diligently and continuously pursue the cure of any such default to 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 Developer or any Security Instrument, or both, the full cost and expense thereby incurred by City. 6.3 Attorney's Fees and Costs. In the event that Developer fails to perform any obligation under this Agreement, Developer 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 Developer'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 attorneys 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 judgement. 7. Indemnity. Developer agrees to indemnify, defend, and 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 Developer's failure to perform the Street Improvements 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 Developer pursuant to the terms hereof. Such indemnity obligation shall not extend to any loss resulting from City's sole negligence or willful misconduct. 9 Street Improvement Agreement 8. General Provisions. 8.1 Successors and Assigns. This Agreement shall be binding upon all successors and assigns to Developer's right, title, and interest in and to the Property and any portion thereof. 8.2 No Third Party Beneficiaries. This Agreement is intended to benefit only the parties hereto and their respective successors and assigns. Neither City nor Developer intend to create any third party beneficiary rights in this Agreement in any contractor, subcontractor, member of the general public, or other person or entity. 8.3 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. 10 Street Improvement Agreement IN WITNESS WHEREOF, the parties hereto have executed this Street Improvement Agreement as of the date first above written. CITY OF PALM SPRINGS, CALIFORNIA DATED: la-- <& ATTEST: CI F PALM SPRI C LIFORNIA By: ��' _ By: CityClerk City anager APPROVED AS TO FORM: �U`.�,,;�;�iy _ _ > ON City Attorney CONTRACTOR: (Check One: individual, X partnership corp ration) (Notarize Signature) By: 7 Print Name and Title (Notarize Signature) By: Print Name and Title "Developer" Mailing Address: Lamar Companies 10288 W. Chatfield Ave. Ste 200 Littleton CO 80127 I1 STATE OF NEW JERSEY COUNTY OF MORRIS On the 19d' day of November, 1998,before me personally came Peter Kalkus, to me known, who, being by me duly sworn, did depose and say that he is Managing Member of Lamar Springs, LLC, a California Limited Liability Company, who is General Partner of Lamar Palms Associates, L.P., the partnership described in and which executed the within instrument. My Commission Expires On r March 10, 2003 4Caryno e CAROLYN ROSE NOTARY PUBLIC OF NEW JERSEY MY COMMISSION EXPIRES MAR 10.2003 Street Improvement Agreement EXHIBIT"A" CONDITIONS OF TENTATIVE PAAP APPROVAL APPLICABLE TO PROJECT STREETS 1. Any improvements within the street right-of-way require a City of Palm Springs Encroachment Permit. Work shall be allowed according to Resolution 17950 - Restricting Street Work on Major and Secondary Thoroughfares. 2. Submit street improvement: plans prepared by a Registered Civil Engineer to the Engineering Division. The plan(s) shall be approved by the City Engineer prior to issuance of any grading or building permits. Minimum submittal shall include the following, IF applicable: A Copy of signed Conditions of Approval from Planning Department. B. All agreements and improvement plans approved by City Engineer. C. Proof of processing dedications of right-of-way, easements, encroachment agreements/licenses, covenants, reimbursement agreements, etc. required by these conditions. 3. Reciprocal access agreements shall be provided across all parcels on the map. FARRELL DRIVE SOUTH 8. Construct a minimum 5 foot wide sidewalk behind the bus turn out in accordance with City of Palm Springs Standard Drawing No. 210. 9. Construct a 140-foot long by 12-foot wide bus turn out on the FARRELL DRIVE SOUTH frontage between THE NORTH DRIVEWAY AND THE NEXT DRIVEWAY TO TFIE SOUTH. The configuration shall be approved by the City Engineer in conjunction with SunLine Transit. Contact SunLine Transit for details regarding bus stop furniture/shelter requirements. 10. All broken or off grade CURB, GUTTER, AC PAVEMENT AND SIDEWALK shall be repaired or replaced. BARISTO ROAD EAST 12. Construct a 140-foot long by 12-foot wide bus turn out on the BARISTO ROAD EAST frontage AS PREDICATED BY THE CITY ENGINEER. The configuration shall be approved by the City Engineer in conjunction with SunLine Transit. Contact SunLine Transit for details regarding bus stop furniture/shelter requirements. The exact 12 Street Improvement Agreement EXHIBIT"A" CONT"D location of the bus turn out shall be predicated on the eastbound bus turn out being opposite it on the south side of Baristo Road and the pedestrian crossing being in this area. 13. Construct a minimum 5 foot wide sidewalk behind the bus turn out in accordance with City of Palm Springs Standard Drawing No. 210. 14. All broken or off grade CURB, GUTTED AC PAVEMENT AND SIDEWALK shall be repaired or replaced. GRADING 15. Drainage swales shall be provided adjacent to all curbs and sidewalks - 3' wide and 6" deep -to keep nuisance water from entering the public streets, roadways, or gutters. GENERAL 16. Nothing shall be constructed or planted in the corner cut-off area of any driveway which does or will exceed the height required to maintain an appropriate sight distance per City of Palm Springs Standard Drawing No. 203. 17. All proposed trees within the public right-of-way and within 10 feet of the public sidewalk and/or curb shall have City approved deep root barriers installed per City of Palm Springs Engineering specifications. TRAFFIC 22. 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 or shall be responsible for the relocation of all existing traffic signal/safety light poles, conduit, pull boxes and all appurtenances located on the TAHQUITZ CANYON WAY EAST, FARRELL DRIVE SOUTH and BARISTO ROAD EAST frontages of the subject property. 23. 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 1990, or subsequent additions in force at the time of construction. 13 Bond No. 19-81-87 FAITDFUL PERFORMANCE BOND (STREET IMPROVEMENTS) WHERE-"AS, the Engineering Division of the City of Palm Springs, State of California, and Lamar Palms Associates, L.P. (hereinafter designated as "Principal") have entered into an agreement whereby prin}cip 1 agrees tt o install and complete certain designated improvements, which said agreement, dated �/' 7 1�1�T, 1�8 and identified as project PM 28918 is hereby referred to and made a part hereof; and W1iIEREAS, said 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 The Insurance Company of the State of Pennsylvania . as surety, are held and firmly bound unto the City of Palm Springs(hereinafter called the "City"), in the penal sum of $ z7, 195.oo _ lawful money of the United States, for the payment of which sum will 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 as 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 City, its officers, agents, 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 City in successfully enforcing such obligation, all to be taxed as costs and included in any judgement 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 any way affect its obligations or 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 the specifications. t • W WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, an November 18 Ig 98 Lamar Palms Ass 'at s, L.P. Principal (NOTARIZED) BY al^ ` LET' eiAL-6tl.s WAtAKA61QL Print Name and Title�(�� i y L WAMOV�yS U'Ac (NOTARIZED) BYi`rL� U Print Name and Title The Insuran Compantft;he State�of Pennsylvania Surety (NOTARIZED) BY Attom ' 'Fact Craig Bancrof 2 SURETY ACKNOWLEDGMENT STATE OF MARYLAND COUNTY OF ANNE ARUNDEL On the 18th day of November, 1998, before me personally came Craig Bancroft, to me known, who, being by me duly sworn, did depose and say that she is an attorney-in-fact of The Insurance Company of the State of Pennsylvania,the corporation described in and which executed the within instrument, that he knows the corporate seal of said corporation, that the seal affixed to the within instrument is such corporate seal, and that she signed the said instrument and affixed the said seal as Attorney-in-Fact by authority of the Board of Directors of said corporation and by authority of this office under the Standing Resolutions thereof. My Commission Expires On November 1, 2002dL Thelma E. Sisk N:\bond\word\york\forms\tmotary.doc The Insurance Company of the State of Osylvania • POWER OF ATTORNEY Principal Bond Office: 175 Water Street,New York,NY 10038 e. No. 01-B-07297 KNOW ALL MEN BY THESE PRESENTS: That The Insurance Company of the State of Pennsylvania,a Pennsylvania corporation, does hereby appoint F. S. Carnes, Jr., Craig Bancroft, Terry D. Reynolds, Karen Ladner, Marion G. Collett, Victoria M. Leahey-Crush: of Baltimore, Maryland--- its true and lawful Attorney(s)-in-Fact,with full authority to execute on its behalf bonds, undertakings, recognizances and other contracts of indemnity and writings obligatory in the nature thereof, issued in the course of its business,and to bind the company thereby. IN WITNESS WHEREOF,The Insurance Company of the State of Pennsylvania has executed these presents this 30th day of Jam, 1997 } Q r,rrr 9, n� Donn Kolbeck, Assistant Vice President STATE OF NEW YORK } COUNTY OF NEW YORK}ss. / On this 30th day of Jam, 1997 before me came the above named officer of The Insurance Company of the State of =2Ai A.PAfW1 lj Pennsylvania, to me personally known to be the individual and 111. yyF%L't, ofPsar ^ officer described herein, and acknowledged that he executed)the I'' •O1bLl0?1d29 foregoing instrument and affixed the seal of said corporation Er„ices:cm thereto by authority of his office. 30, CERTIFICATE Excerpts of Resolution adopted by the Board of Directors of The Insurance Company of the State of Pennsylvania,on May 18, 1976: 'RESOLVED, that the Chairman of the Board, the President, or any Vice President be, and hereby is, authorized to appoint Attorneys-in-Fact to represent and act for and on behalf of the Company to execute bonds, undertakings, recognizances and other contracts of indemnity and writings obligatory in the nature thereof,and to attach thereto the corporate seal of the Company,in the transaction of its surety business; 'RESOLVED,that the signatures and attestations of such officers and the seal of the Company may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile,and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be valid and binding upon the Company when so affixed with respect to any bond, undertaking, recognizance or other contract of indemnity or writing obligatory in the nature thereof; "RESOLVED, that any such Attomey-in-Fact delivering a secretarial certification that the foregoing resolutions still be in effect may insert in such certification the date thereof,said date to be not later than the date of delivery thereof by such Attorney-in-Fact." 1, Elizabeth M. fuck, Secretary of The Insurance Company of the State of Pennsylvania, do hereby certify that the foregoing excerpts of Resolution adopted by the Board of Directors of this corporation, and the Power of Attorney issued pursuant thereto, are true and correct, and that both the Resolution and the Power of Attorney are in full force and effect. IN WITNESS WHEREOF,I have hereunto set my hand and affixed the facsimile seal of the corporation this 18th day of November 19 98 *,9` Elizabeth M.Tuck,Secretary STATE OF NEW JERSEY COUNTY OF MORRIS On the 30°i day of November, 1998, before me personally came Peter Kalkus, to me known, who, being by me duly sworn, did depose and say that he is Managing Member of Lamar Springs, LLC, a California Limited Liability Company, who is General Partner of Lamar Palms Associates, L.P., the partnership described in and which executed the within instrument. My Commission Expires On March 23, 2000 Plen P. O'Brien MlFN P. O'KdL V 9R"r?° '0RPcTMEV H E)TIMS I ,R q.23,2000 Bond No. 19-81-87 FAITHFUL PERFORMANCE BOND (STREET RAP ZOVEMENTS) WHEREAS, the Engineering Division of the City of Palm Springs, State of California, and Lamar Palms Associates, L.P. (hereinafter designated as "Principal") have entered into an agreement whereby principal grees to install and complete certain designated improvements, which said agreement, dated T, 1952 and identified as �. � project PM 28918 is hereby referred to and made—a-park hereof; and WHEREAS, said Principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. NOW, TWRUORE, we the Principal and The Insurance Company of the State of Pennsylvania �, as surety, are held and firmly bound unto the City of Palm Springs(hereinafter called the"City"), in the penal sum of $ 27, 195.oo _ lawful money of the United States, for the payment of which sum will 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 as the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnity and save harmless City, its officers, agents, 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 City in successfully enforcing such obligation, all to be taxed as costs and included in any judgement 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 any way affect its obligations or 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 the specifications. t IN WITNESS WIIEREOF, this instrument has been duly executed by the principal and surety above named, on November 18 19 98 Lamar Palms Associates, L.P. Principal C (NOTARIZED)) � Lu ' M, VL' Print Name and TU1 (���4,wvT (NOT'AR.IMD) BY Print Name and Title The InsurancyGpmpany of I State o- Pennsylvania Surety (NOTARIZED) By .— AttarnO in Fact Craig Bancroft 2 • i SURETY ACKNOWLEDGMENT STATE OF MARYLAND COUNTY OF ANNE ARUNDEL On the 18th day of November, 1998, before me personally came Craig Bancroft,to me known, who, being by me duly sworn, did depose and say that she is an attorney-in-fact of The Insurance Company of the State of Pennsylvania, the corporation described in and which executed the within instrument,that he knows the corporate seal of said corporation, that the seal affixed to the within instrument is such corporate seal, and that she signed the said instrument and af.Pixed the said seal as Attorney-in-Fact by authority of the Board of Directors of said corporation and by authority of this office under the Standing Resolutions thereof. My Commission Expires On G/ November 1, 2002 Thelma E. Sisk N.\bond\word\york\forms\tmotary doc The Insurance Company of the State of sylvania • POWER OF ATTORNEY Principal Bond Office: 175 Water Street,NlRYork,NY 10038 No.0 1-B-07297 KNOW ALL MEN BY THESE PRESENTS: That The Insurance Company of the State of Pennsylvania, a Pennsylvania corporation,does hereby appoint F. S. Carnes, Jr., Craig Bancroft, Terry D. Reynolds, Karen Ladner, Marion G. Collett, Victoria M. Leahey-Crush: of Baltimore, Maryland--- its true and lawful Attomey(s)-in-Fact, with full authority to execute on its behalf bonds,undertakings, recognizances and other contracts of indemnity and writings obligatory in the nature thereof, issued in the course of its business,and to bind the company thereby. IN WITNESS WHEREOF,The Insurance Company of the State of Pennsylvania has executed these presents this L 30th day of Jam, 1997 /V' l Dann Kolbeck,Assistant Vice President .ru. STATE OF NEW YORK } COUNTY OF NEW YORK}ss. On this 30th day of Jam, 1997 before me came the above named officer of The Insurance Company of the State ofY}9;t Pennsylvania, to me personally known to be the individual and i z j PLtk"C'tt-yw of NL x officer described herein, and acknowledged that he executed the P:a 01NaLC814200 foregoing instrument and affixed the seal of said corporation 'r `'UIMZ C`,_,. 11 thereto by authority of his office. CERTIFICATE Excerpts of Resolution adopted by the Board of Directors of The Insurance Company of the State of Pennsylvania,on May 18, 1976: "RESOLVED, that the Chairman of the Board, the President, or any Vice President be, and hereby is, authorized to appoint Attorneys-in-Fact to represent and act for and on behalf of the Company to execute bonds, undertakings, recognizances and other contracts of indemnity and writings obligatory in the nature thereof,and to attach thereto the corporate seal of the Company,in the transaction of its surety business; "RESOLVED,that the signatures and attestations of such officers and the seal of the Company may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be valid and binding upon the Company when so affixed with respect to any bond, undertaking, recognizance or other contract of indemnity or writing obligatory in the nature thereof; "RESOLVED, that any such Attorney-in-Fact delivering a secretarial certification that the foregoing resolutions still be in effect may insert in such certification the date thereof,said date to be not later than the date of delivery thereof by such Attomey-in-Fact." 1, Elizabeth M. Tuck, Secretary of The Insurance Company of the State of Pennsylvania, do hereby certify that the foregoing excerpts of Resolution adopted by the Board of Directors of this corporation, and the Power of Attorney issued pursuant thereto, are true and correct, and that both the Resolution and the Power of Attorney are in full force and effect. IN WITNESS WHEREOF,I have hereunto set my hand and affixed the facsimile seal of the corporation this 18th dayof November 19 98 is - Elizabeth M.Tuck,Secretary STATE OF NEW JERSEY COUNTY OF MORRIS On the 30" day of November, 1998, before me personally came Peter Kalkus, to me known, who, being by me duly sworn, did depose and say that he is Managing Member of Lamar Springs, LLC, a California Limited Liability Company, who is General Partner of Lamar Palms Associates, L.P., the partnership described in and which executed the within instrument. My Commission Expires On -- March 23, 2000 Allen P. O'Brien // ELLEN P. O'uRIEN ACTiAIRY PUBLIC OF NEW JERSEY WY COMMISSION EXPIRES MAn.23,2QII0