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HomeMy WebLinkAboutCouncil Resolution 573,~o~° RESOLUTION NO. 573 .I~i A RESOLUTION GRANTING FINAL PLAT APPROVAL TO THE SUBDIVISION KNOWN AS STONECREEK NO. 4, PHASE II WHEREAS, Subdivider Gary T. Whittle received preliminary plat approval £or Stonecreek Subdivision No. 4, Phase II on the 16th day of August 1990 and has, pursuant to Central Point Municipal Code Chapter 16.28, submitted application for final plat approval, and WHEREAS, the Planning Commission of the City of Central Point has, on November 6, 1990, reviewed. said application for final plat approval and recommended approval thereof by Resolution No. 210 and WHEREAS, the City Council of the City of Central Point reviewed said application for approval of the final plat on the 15th day of November, 1990 and received and reviewed the City's staff report, the Planning Commission report and resolution, and other evidence, and being fully advised, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTRAL POINT, OREGON, AS FOLLOWS: Section 1. Upon review of said application for final plat approval, the Council finds and determines the following: A. The same has been submitted in a timely fashion. B. The same is in conformance with the preliminary plat as approved. C. The submission is in the form and contains all of the information required by Central Point Municipal Code Chapter 16.28 and all applicable statutes. D. The appropriate fees have been submitted therewith. E. The Director of Public Works has examined the same and finds it to be technically correct. F. The Subdivider has not completed construction of all improvements in accordance with said plat and. conditions thereon, but has agreed to completion of all improvements and compliance with all conditions of said preliminary plat, and further in relation thereto, the Subdivider has complied, in a manner satisfactory to the Council, with the bonding requirements of Municipal Code Section 16.28..080. Section 2. The City hereby grants final plat approval to the final plat for Stonecreek Subdivision No. 4, Phase II, subject to the execution by Subdivider of the Security for Performance Agreement attached hereto as Exhibit A, and further subject to completion of the bond requirements, to the RESOLUTION NO. 573 - 1 (STONECR6.RES - 111390) satisfaction of the City Council, as required by Municipal. Code Section 16.28.080. Section 3. The Mayor is hereby authorized and directed to execute said Security for Performance Agreement, bond documents, final plat and all other documents on behalf of the City in connection with the within final plat approval and conditions. Passed by the Council and signed by me in authentication of its passage this day of ATTEST: 1990. ~~~ Mayor City Representative APPROVED by me this day of 1990. ~~9 Mayor ~ t, t ., t. ., ., rt t. ~ t. ~ :~ ,. ~ ;< t t, t, t, ..t t, ~ ,~ ~< t, .. ~ :e t t fr ~ t. ,. ., t ., :t t. I hereby veto this resolution due to the subdivider's 'lure to perfarm financial bonding requirements. ~~ City Rep~,esantative J ~ Signed by me this~~day of tuber,. 990. `_ Mayor RESOLUTION NO. 573 _ 2 (STONECR6.RES - 111390) A G R E E M E N T (Security for Performance) THIS AGREEMENT, made and entered into by and between the City of Central Point, Oregon, an Oregon municipal corporation, hereinafter called "City", and Gary T. Whittle, Pacific Crest Property, Inc., an Oregon corporation, Thurman O. Barnes and Helen Barnes, J. O. McGinnis and Naomi F. McGinnis, Leonard E. Franek and Gayle P. Franek, Trustees of the Franek Loving Trust, hereinafter called "Subdivider", WITNESSETH: WHEREAS, Subdivider has been advised of the conditions of approval for a tentative approval of the preliminary subdivision plat for Stonecreek No. 4, Phase II granted by the Central Point City Council on August 16, 1990 and has accepted said conditions requiring construction of public facilities described therein, and said public facilities have not yet been totally completed, and WHEREAS, Subdivider has applied. to City for final plat approval of Stonecreek Subdivision No. 4, Phase ii, and as a condition thereof, and pursuant to Central Point Municipal Code Section 16.28.080, City has required a cash deposit in a sum sufficient to complete construction of the improvements required therein in the event of Subdivider's failure to do so, and the sum established and agreed upon between the parties as being necessary for said purpose is the sum of $37,000, now, therefore, in consideration of the covenants herein exchanged, IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: 1. City hereby acknowledges receipt of a cashier's check drawn on Bank, in the sum of Thirty Seven Thousand Dollars ($37,000) to secure Subdivider's performance of the construction of the improvements required as a condition of approval of said preliminary plat, pursuant to Central Point Municipal Code Section 16.28.080(A)(2), and in consideration thereof, City agrees to grant final plat approval to Stonecreek Subdivision No. 4, Phase II, to Subdivider. 2. City agrees that in the event said required public improvements are completed by April 29, 1991 in accordance with the specifications and descriptions contained in plat approval and approved construction plans, said deposit shall be fully AGREEMENT - 1 (STONCRK2.AGR - 111390) refunded, without interest, to Subdivider upon acceptance of said improvements by City. 3. Subdivider agrees that in the event the public facilities described above are not fully completed by April 29, 1991 in accordance with said conditions of approval, City shall have the. unlimited right, in its own. discretion, to utilize said cashier's check and to expend the proceeds. thereof for the completion of said improvements by City, or by any person or firm with whom City shall contract for such completion, on such terms and for such amounts as City shall, in its sole discretion, determine, and that following completion of said improvements, City shall have the further right to utilize said proceeds in an amount equal to all sums and costs incurred by City in the completion of said improvements, including administrative costs, whereupon any balance remaining therefrom shall be returned to Subdivider. IN WITNESS WHEREOF, the parties hereto have set their hands to this instrument as of the day and year first herenabove written. CITY OF CENTRAL POINT, OREGON By O~~ Mayor SU IVIDER 0 t Gary T. hittle Pacific Crest Property, Inc. an Oregon corporation By By i~-~~-a-~., a, d-- Thurman O. Barnes ~~~ ~~~ Helen Barnes O. McGinnis Naomi F. McGinnis AGREEMENT - 2 (STONCRK2.AGR - 111390) Franek Loving Trust F ~,L~onard E. Franek ~F ' °~ y G yle P Franek STATE OF OREGON ) ss. County of Jackson ) On this day of 1990, before me personally appeared Don Jones, and acknowledged that the foregoing instrument was signed by him as Mayor of the City of Central Point, Oregon and that declared the foregoing instrument to be his voluntary act and deed. Notary Public for Oregon My Commission Expires: STATE OF OREGON } ss. County of Jackson. ) On this ~~day of `"~,ry~/) 1990, before me personally agpeared Gary T. Kittle, and acknowledged the foregoing instrument to be his voluntary act and deed. Notary P is or Oregon My Commi sion Expires: UU~/-,P- STATE OF OREGON ) ss. County of Jackson ) On this day of 1989, before me personally appeared the , and the of Pacific Crest Property, Inc., an Oregon corporation, and acknowledged the foregoing instrument to be the voluntary act and deed. of said corporation. Notary Public for Oregon My Commission Expires: AGREEMENT - 3 (STONCRK2.AGR - 111390) SPATE OF OREGON ss. County of 3ackson ) On this 1~'~`day of }per,,, ,L,o ? 1990, before me personally appeared Thurman Barnes and Helen Barnes, and acknowlediged the foregoing instrument to be their voluntary act and deed. ~ , r ~ Notary P lic or Orego~t~ My Commi lion xpires: V (- -q~[ STATE Gr^ OREGON ) ss. County of `Jackson ) On this ~~ay of `} ~i9-/te.~n.~e~ f ) 1990, before me personally appeared J. O. Ginnis and Naomi F. McGinnis, and acknowledged the foregoing instrument to be their voluntary act and decd. ~L Notary Pu is or Oregon My Commis on xpires : //_R _ q~ STATE OF OREGON ) ss. County of Jackson ) On this ~~'day of ~ 1990, before me personally appeared Leonard E. Franek and Gayle P. Franek,. Trustees o£ the Franek Loving Trust, and warranted that they are empowered ro sign on behalf of said Trust and to obligate the same bl• their 'sole signatures, acknowledged the foregoing instrument to be their voluntary act and deed. // Notary P is or Oregor~- My Commission Expires: //_R _ q/ AGREEMENT - 4 (STONCRK2.AGR - 111380)