2010/11/17 Eldorado Riverside Venture, LLP TR 31582 Road and Drainage Improvements (5)A(; R L Ii lVl l!N't.
troR l t.t ( ( )N s't'lit r('TtoN ot'tt()Al)/t)tt^tNA(;ti IMpttovEMEN.t.s
l his agrccrrrcnl. ntadc and cntcred inlo lry and betr ccn the f ity ol'MenifLe. State
ot ( alilbrnia. hercinalicr called t'ity. and l--ldorado ( llivcrsidc) Vcnture. L.t_.t..p.. a
Dcla\\are lirnited liabilirl lirniled parlncrship. hcreinalicr called ,'O$ner,'.
\\ I'I\ ESS I.]'I'I I:
[]lRS [: Olrrcr. lbr and in col']sidcmtion ol'thc approral b1 Citl of the Iinal map
01'th.rt certain land tlivision knoun as Tract/Parcel Map No.31582. hcrcbl, agrees. at
c)rrner''s orrn cost and c\l)cnsc. to tirrnish all Iabor. cquipnrcnt and nraterials necessar) t()
perlirnn and conlplelc. within 2;! rnonlhs li.orn the datc this i.tgreentent is cxecuted. in a
good arrd rrolknrarrlikc rnarner. allroad antl dlainagc inrprovernents in accordance rvith
those Roatl I)lans lirr said land division which ltave bccn approvctl b1,the City llnginecl..
and are on lllc in thc ollicc ol'the Menil'cc l-.ngineering I)cpzlrttrcnt. and do all rvork
incidental lhcrclo in accordance *,ith the standards sct lbrlh in Iliverside County
Ordinance No.4(r0. as arrended. or its successor. rvhich are hcrcbl.expressly lnade a part
ofthis aqrcemcnl. All thc above reqLrired rrork shall bc donc undcr the inspection ofantl
to thc satislirclion ol'the ( ilv [inginecr. and shall not be dcerrcd conrplete until approved
and acceptctl as conlplctc b1 thc C'it1 . Orr ner lirrthcr agrecs t0 rnaintain thc above
required irnprovcntcnts li)r a periud of'one I ear lirllo* ins acccptancc by the Cit1.-,. and
dLrrinc this onc rcar pcriotl to rcpair or rcplacc. to tlte satislitction ol'the C itl tngincer.
anr dellctivc rrork ur' labor tlorre or deti--ctir,c nl.ltcrials tirrnished. Orvner lirther agrecs
tltal all Lrntlcrqrountl irnprovcnrents shall be contplctcd prior (o the paving ofany
roacillar,. fhe estinutccl cost of'said rvork and inlpr()vcnlents is thc surn of Four
I lu rrrlrul Screrrlr l,ir c 'l horrsanrl Scren Iluntlrtrl l)ollars (S{75.7(10.{10).
SF.('OND: Or ncr agrces to pay. to City the aclual cost o1'such inspections of thc
r"ork and irnprovemcnts as nray [.re rcquired b1,the CitY t:ngincct.. Orvner lurlher agrccs
that- ifsuil is broLrsht Lrpon lhis agrecn'lent or anr hond guarantecing the contpletion ol'
the road and dritinauc inrprovcntents. all costs and reasonatrlc crpcnses and fles incurlcd
b1,('it1 in succcsslirlll enlbrcing such obliqations shall bc paid br Orvner. including
rcasonablc attornc!'s ltcs. and that. upon entry ol'.iUdgntcnt. all such cosls. expenses and
l'ces shall be tarcd as eosts and included in anr .judgrnent rcndcrcd. Vcnue tbr any such
litigation shall bc Iliversidc Superior Courr.
THlttt): ( ity shall not. nor shall an1 ol'llcer or cntplol,cc of Cit1. be liable or
responsible lirr anl accidcnt. loss or dantage happening or occLrrring to thc works
specilied in this Agrccrncnt prior to Ihe completion and ucceptancc thcrcol. nor shall C'itv
or anr. olllcer ur cnrployec thcrcol. be liable lbr an\r pcrsons or propcfly in-jLlred b1 reasorr
of the naturc ol'1hc rvork. or lry reason ol-tl]e acts ur ontissions of Owner. its agerrls or
crnplorces. in thc perlirrntance ol'the \vork. antl all or said Iiabilitics are assumed by
Ouner. Otncr shall to protcct. dcl'end. and hold harntless ( itl and thc otliccrs. agcnts
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sureties or increasc lhe arnount ol'said borrds. or lroth. u ithin ten ( l0) da) s alier being
notilled b,r thc ( ilr l:n{.lincer-that thc surelies or ant()unls are insLrlllcient.
Not*ilhstanding ln\ r)thL.r provisions hcrcin. il'()nner tails to takc such action as is
ncccssar\ lo conrpl) rr ith said noticc. O\\ ncr shall trc- in dclhult ol this agrconcnt unless
all reqLrircd inrprol'cnrents are corrrplctcd rr ilhin nirrct_,,- (90) days ol thc datc on rvhich thc
['itr Enginecr notil'icd Orvnel ofthe insLrt'liciencr ol'the securitl or thc antount ofthe
Lronds ol botlr.
NlNl ll: lt is Iirrther agreed lry antl belrrccn thc partics hcrcto. itrclrrding the
suret) or stlrclics on thc bonds securinl tlris agrecntcnt. thal- in thc cYcnt il is deented
necessar\ 1o s\lend the tinre of'coIrPlelion ol'lhe rrork contertrplatctl to tre done Lrnder
this agreerncnl in accordance \\ ith the tenlrs. rctlLrirentents and pror isions ol'the
condititxs ot approval tirr tlre project. ertcnsions ol'lirne rnal be Ir ntetl. Iirrnt tirne to
tirne- b1 C ity. cither at its o\\ n optiolt. or upon rcqLrcst ol'f ontractor. so lonq as the
reqLrested crtcnsiorrs in no rvay altcr the linrc lianrcs fbr pro.ject inrprtrvcrncnts as set
tbfih in thc contlitions ofapproval- and such cxtensions shall in no rlay all'ect the validity
ofthis asreelnerrt or release the surety ol srtrc(ics on such bonds. ( ontract()r lilrther
agrees to nrainlain t.he ahrresaid lrtrnd or borrds in lirll lbrcc and cllect tluring the teflns ol'
this agreement. including an),extensions ol'tinte as rray be granted thcrein.
TENTII: It is Lrnderstood and agreed b1 thc parties hcrcto thar il'any parl. term or
provision ol'this asrecment is by thc courts hcld to bc unlarrtul antl void. thc validity of
the renrainirrg portions shall not be allLcted and thelighrs and obligations of the parties
shall be construcd antl enlbrced as il'thc agreerncnt did not contain that particular parl-
ternr or provision heltl to be'invalid.
Ill-t:Vl,N I Il: Anr noticc or noticcs let;rrirctl ol pcrrtritted to bc given pursltant to
this Agrccnrcnt shall bc dccrrcd scrved orr tlrc otltcr pafir'trlren dcpositcd in the United
States Mail. lirsl class. postage prcpaid. addrcssctl as litllorrs:
('in Olr ncr
f itr Enginccr'
Citl ol'Me nil.rc
29714 Harrrr Roatl
Menil'ee. ('A 9251.l(r
lrlclorado ( Rivers itlc ) Vcnturc, l.,l-.
c/o Avanti Propertics (irorrp ll. L,l-
9?-1 N. Pennsy lvan ia A vcn rrc
Winler Park. I"l- -l27ti9
Atte nli0n: Mr. Marvin Shapiro
I,.P,
I)
TWIILI:I ll: 'l'his Agrccment contains the entire agrccmcnt ol'thc parties as to the
mattcrs set t'trrth herein. No rvaivcr of anl lcrrn or condition ol'this Agreernent shall be a
continu ing uaivcr thereol'.
[,\ i gnut t r n,.t o tt.fttl l t nr i r tll pugc f
lN WIT-NhSS WIlliltlrOli. Orrner has at'fixeil his narnc. address and scal
OWNER
ELDOIiAI)() (ltlVliRSll)E) VENTURE. 1,.t,.1..1'.. u I)e lauarc limitctl liabilitr
linr ited partncrsh ip
B): F-ldorado (Riverside) ASLI V. L.L.L.P.. a De larvarc limitcd liabilirv limitcd
pannership. ils sole general partner
B1 Hldorado (lliversitle) GP. LLC. a [)clauare linritcd liahilitl cornpanv. irs sole
gcncfal pa[lncr
By Avanli l)ropcrlics (irorrp II. 1..1.-1..1r.. a l)cllrrrar.r lirtritcd liahility lirnited
partncrship. ils solc ntanascl itnd ntcrnbcr'
ts) ' Avanti Devclopntent C'orpolalion ll. a [.lorida corltur.alion. its sole gencral partner
Datetl t to
Br: Marvin M. Shapiro- Vicc President
( l'l \ ot')tt.t\rrf r..r,l
B1 U a"..-.-a-:
Wallace W. F-dgcrton. Mayor
A'fl'l:ST:AI'I'IIoVI I) AS 'I-() FORM
lll
/6")vu*Karcn []cld. ('it_,- Attorne]'
Kathr Bennett, ( i11 ( lcrk
SICINA'II-IRtis Ol: OWNER MUS'I BE ACKNOWI.I:txihl) UY NOTARY
AND EXECUTED IN'f ITII'I-I('A'I'I1
-l
)
STATE OF FLORIDA
COUNTY OF ORANGE
on JVr,rr^l+h ,2010, before me,'.(osn^t C. tll,+fi.tl ,NOtary Public,
personally appeared Marvin M. Shapiro who proved to me on the basis of satisfactory evidence
to be the person whose name is subscribed to the within instrument and acknowledged to me that
he executed the same in his authorized capacity, and that by his signature on the instrument the
person, or the entity upon behalf of which the person acted, executed the instrument.
I certiff under PENALTY OF PERJURY under the laws of the State of €aliftrmia that the
foregoing paragraph is true and correct. F/or, r{n,
WITNESS my hand and official seal.
/') t*1,-* C 'tt//r4"ll,
NotfrFublic in and foffi State
ofFlorida L/
(SEAL)
SUSAN C WHITFIEI.D
@MMtSStOt{ EE222:t2
D(nRES ArG 30 2014
IOIIOCD IHAoiJG}I
ru rG{n x(t cot P ,.Y
ACKNOWLEDGMENT
@lt atta,Fl(rm^l-wP-