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HomeMy WebLinkAboutReso 92-309 - Approve 3rd Amendment to annexation & development agreement dated 07/07/92 between COR & Harrel & Louise Davis RESOLUTION NO. 92' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE THIRD AMENDMENT TO ANNEXATION AND DEVELOPMENT AGREEMENT DATED JULY 7, 1992, BETWEEN THE CITY OF REDDING AND HARREL DAVIS AND LOUISE DAVIS, AND AUTHORIZING THE VICE MAYOR TO SIGN ON BEHALF OF THE CITY. IT IS HEREBY RESOLVED by the City Council of the City of Redding that the Third 'i Amendment to Annexation and Development Agreement between the City of Redding and Harrel and Louise Davis, Developers, a true copy of which is attached hereto and incorporated herein by reference, is hereby approved. I HEREBY CERTIFY that the foregoing resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 7th day of July, 1992, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Arness, Dahl & Kehoe NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None � ABSTAIN: COUNCIL MEMBERS: Moss CARL ARNESS, Vice Mayor City of Redding ATTEST: CONNIE STR HMAYER, Ci le FORM APPROVED: f" C7 .s> *RADALL A. HAYS, City At Kr a:90-15.cc2 THIRD AMENDMENT TO ANNEXATION AND DEVELOPMENT AGREEMENT THIS THIRD AMENDMENT TO ANNEXATION AND DEVELOPMENT AGREEMENT ("Third Amendment") is made and entered into by and between the CITY OF REDDING, a Municipal Corporation and General Law City, hereinafter called "City," and HARREL DAVIS and LOUISE DAVIS, of Post Office Box 686, Redding, California 96099, hereinafter called "Developers": WITNESSETH: WHEREAS, City and Developers entered into an Annexation and Development Agreement dated December 4, 1990 ("Agreement"), a true copy of which is attached hereto and incorporated herein by reference; and WHEREAS, City and Developers amended said Agreement pursuant to the terms and conditions of the First Amendment to Annexation and Development Agreement ("First Amendment") on May 21, 1991, a true copy of which is attached hereto and incorporated herein by reference; and WHEREAS, City and Developers amended said Agreement pursuant to the terms and conditions of the Second Amendment to Annexation and Development Agreement ("Second Amendment") on March 17, 1992, a true copy of which is attached hereto and incorporated herein by reference; and WHEREAS, City and Developers desire to amend said Agreement pursuant to the terms and conditions of this Third Amendment. NOW, THEREFORE, it is agreed by and between the parties hereto as follows: A. Paragraph 6 of said Agreement is hereby amended by deleting the entire paragraph, and substituting the following therefor: 6. Developers shall contribute $250,000 to be used for the paralleling of the Eastside interceptor, which is located in Churn Creek, as depicted on Exhibit C. This $250,000, along with funds from the 1989 wastewater bond funds, will be used to j parallel the Eastside interceptor to provide adequate capacity. The $250,000 shall be paid upon connection to the City's Salt Creek sewer trunk or by July 1, 1993, whichever occurs first. B. Paragraph 13 of said Agreement is hereby amended by deleting the entire paragraph, and substituting the following therefor: 13. Electric Substation. Developers shall dedicate approximately ten acres in the northeast corner of Assessor's Parcel No. 306-070-01 for a proposed electric substation site per the specifications of the City Electric Department, at no expense to City. This dedication shall be made to City no later than July 1, 1993. C. Paragraph 28 of said Agreement is hereby amended by deleting the entire paragraph, and substituting the following therefor: 28. Fire Station. Developers shall dedicate approximately three acres in the southwest corner of Assessor's Parcel No. 075-260-30 for a proposed fire station site per the specifications of the City Fire Department at no expense to City. At least 1.5 acres shall be located outside of the 100-year floodplain of Moody Creek and Stillwater Creek, as defined by the Federal Emergency Management Agency (FEMA). This dedication shall be made to City not later than July 1, 1993. City agrees to construct said fire station within seven (7) years of the dedication or upon the completion of the 143rd dwelling unit, whichever occurs first. j • • D. Paragraph 29 of said Agreement is hereby amended by deleting the entire paragraph, and substituting the following therefor: 29. General Plan Amendment and Zoning. By no later than September 1, 1992, Developers shall submit to City an application for a General Plan amendment and zoning of Assessor Parcel Nos. 306-070-01, 306-080-02, 306-080-06, 306-090- 08, 306-090-09, and 075-260-30 consistent with the Tentative Subdivision Map (Tract 1720) and Planned Development Rezoning (Ordinance No. 378-1634) approved by Shasta County for the Tierra Oaks Planned Development and Golf Course. Developers shall be responsible for paying to City the applicable application fees in effect at the time of the filing. E. The effective date of these amendments shall be on the date this Third Amendment is approved by the City Council of City. F. All other terms and conditions of said Annexation and Development Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have set their hands on the day and year set forth below: I CITY OF REDDING DATE: By: CARL ARNESS, Vice Mayor OWNERS: DATE: By: HARRELL DAVIS DATE: By: LOUISE DAVIS ATTEST: CONNIE STROHMAYER, City Clerk FORM APPROVED: RANDALL A. HAYS, City Attorney