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Home My WebLink AboutSECURITY FORE CORP Drainage Agrmt Reimb Agrmt #89AGREEMIT THE.+ AGREEMU rude a.rd iLmtexed into this day of r .... s 1964, by and ; CITY OF HwINGTW4 BEACHIP a zmmidipal corporations hereinafter referred to as, x 'AND SELURM-7, 0RE CORPORATION a California corporation, hereinafter ,cferred to as, mvj CON'XRACTOR r; i W I T X E S S L T fl; '. WIMM, -zbc of' Huntir-Iton Beach desires to extend its i flood control facilities; and + iNE`RE=, the Department of Public Vork's atudy indicated i� named for e flood control cl a=el and Pump Site in the uricinity of Ata,cntvL Avenue vmd,Beech Boulevard, the l,(;gal description of whhicri is bnrginafter recited; and i h' MAS, SECtTR.iT"Y—FOR—P GGR'r``)RhTION intends. to subdivide adjoining land; and WMRX? ,6, the subdt-v .sion, is in need of drainage facilities, hVyl, THETMA'ry the parties here .nabove 6--scribed premise and � r, agree as follows-, is The legal descxipticn of the land upon which the, flood control obaunel and pomp site is to be buLlt; is as .follows:: l,. MAWx �. All that portion of Vie Last half of th:a Northwest quarter of Section 13, Tounship 6 South, Range 11 Vert, in the Rancho Las Rolsas, City of liuntingt,on Beach' Gmunty of G::a:nge, State -f Californi&< as per snap recorded. in book, 51, page ;1.4, o_ Miscellaneous Maps, in the ofSico of the County Recorder of said County desersbed as follows PAMEL It ITMD CONTROL CHANDIEL BIGHT 4F WAY BEGINNING at a point on the Borth line of said Section 13 distant N. 890 37" Ca" E. /+90.00 :feet from th. Northwest corner thereof; thence 5. 00 40' 141" E. parallel with the 'westerly " line of said Section 13 a distance of '16' 0.61 feet to the begxnn-» ing of a -tangent curve, concave Northwesterly and having a radius of 54.50 feet; thence: Southwesterly along said curve through at" central, angle of 1,30 36' 101" an are distance of 41.48 feat to a k tangent reverse curve, concar'ie Soutbeasterly, and having a radius of 90.50 feet; thence Southerly 'along said curve through a central 8.�jgle of /430 36' 1O°' ar, are distance of 68.87 feet to a tangent k _} comp?;)LY 6 Curve; coneav r Easterly and having a radim; of 272 .50 "• ' r ' ; thence Souther?; along said curve through a centre) angle � { ` of 430 581 2V and an arc distance of 209615 feet to a point on the South line of the North half of the Southwest quarter of the;, Northwest quarter of start Section 13;; thence along the lass:,.>' mentioned line N. 890 36" 56" E. 283.80 feet to a point on a non- -radius i''... is dent curve, concave Southwesterly, and having a of 172.50 ' fie}; a. to said point bears Ni 450 21' 17" E.; -thence north- westerly along said curve through a central angle of 300 05' 44" t' ` an arc distance of 143.14 feet to a tangent reverse curve, roncave � Northeasterly, and having s. radius of 1,)2.50 feet; thence North- Ct : westerly along said curve through a. central angle of 740 04' 130' an are distance oY 158.36 feet to a tangent line parallel with said ; Vesterlyv line of Section 1_1 and distant 600.00 fast Easterly V eace al.onF said parallel line N. 00 40' 14:" 4. 1790.05 feet to a point on said North line of Section 13 tb,,nce S. 890 37' 00" W. 110.00 feet to the POINT OF BEGINNING { FAME ll: PMT STAT'IO14 SITE i BEGINNING at a point on the South line of the North halm of the southwest quarter of the Northwest qua.-cer of, said Section 13 distant lac 890 36' 56tt t. 381,13 feet, more or less, from Yce westerly line of said Section 13, said ?OINT OF BEGINNING being also on the Rasterly line of the proposed freeway frontage road, said Raaterly line also being the Easterly line -of Parcel 2 B as deed .abed in Orange County Super;-r Court Case No,, 123-368 entX,led "People of the State of CoalUornla vs Talbert, et al," a its penains of said action is recorded in B-,,dk 7021., Paige 424, rev rdcd April 27, 1 4, Official Reaoras of Oxaage County; thence along said south line -, 890 36' 560 R. 145.27 feet to a poiry on a non -.tangent curve, concave Northwesterly, and having a radius of 272.50 feet, a radial to said point bears S. 4.50 "�` ` 17" W.. thence Northwesterly ralong said curve through a central angl"a ref' 240 56t 04" an am distance -cif 118.59 feet to a point on a line par allr-1 to said south line; thence leaving said curve, za a along sald parallel ?Nine S. 89 3f" 56" W. 99.94 feet, more or legs, to said Faaterly line of the proposed freeway frontage road; thenoe S. 90 50' 39" B. 1.01.3 7 feet along said easterly line to the POINT OF BMINNTNG. 2. That the Norther,],y 30.00 .feet of Parcel, 1 will be rededicated � without cost to the City,, 2. 'l AjWA 3. That Parcel sy exclusive of the northerly 30.00 feet, consists of 5.3746 acres. 4. That Parcel. T1 consists of 0.2699 acres. 5 That the total aGt,jnt of land to be acquired by the City by purchase is 5.6445 4cres and that the value of land at this Location is ;'A0,000.00 per ait,. e, ma dng the tots) price of all the land deacrihed as Parcel 1 and Parcel 11 above $169,335.Q0. ,x 6. The e:ortrasa -tor l s development consiste, of 32.425 acres. -which he is subdi:siding into 330 lots and which is Traact Yap 5581. ? The drainage ee few drainage area Number 7A is 01250.00 per :.�. ` :ere. ` The drainage .fee for the contractor on his present development, Tract 5581 which is within drainage area Number 7A, is 40, 531.25. A 8. The City - greea to purch.&se aaaid parcel -7vom contractor -owner for $169',335.00 according to the following -Lerms; (a) K _ et -off of pr eeen't drainage fees ($40, 531.25) and any future drainage fees set-off to future development, of said contractor, which is located ,*tthin this drainage :area. (b) PayV -nt to the contractor of all drslnage fees collected by th- City from other devolopaient Vithin drainage, area fiber 74 (c) 'The City will oray be obligated to Garay the avatraactor when the City has collected drainapc* fees from other developments or ,prop-cts,.. At no other time is the City obligated to pay the contract" �-3` monies for the pureh&se of said 1&ndy „ (d) Contractor .agrees to pay for policy C ' title insurance and the neL' Ssary escrow fees, (e) The of the escrow will be on or about ten (10) days after the approval Df the; 'Pinsa 7raact Map submitted by the - -to tcs the City. 3. r_ It is mutually agreed that tbis contract shall extend top 4zna �e bi4xding upon the successors and assignsof the respective parties hereto. If amy terra, covenant, condition or prov.1sioh of tl-is Agreement is held by a court of competent juriadlction to be nvaicX, void or unenforceable,. the remainder of tbP provisions hereof ohall remain in ;£ull force and effect and shr il. In zoo way be affected, impaired or inv l.idaty thereof. 7r IN Wrfl%$S WHEREOF, the City has caused its corporate nzl a and � seal to be hereunto annexed by its .Mayor and attes%,ed by its City Clerk F thereto duly authorized an6 SEGUITTY--FORE CORPORATION has set its baud � as tf the day and year in this Agreement first above writtane CITY OF IiiMINGTON REACH, a municipal corporation, �•. By. Mayor ATT_` [F City Clem E_ r cm 1'65 Ts..P e,rt Avenue sidem So,;xet r