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HomeMy WebLinkAboutC-3669(B) - Right-of-Way Agreement (Newport Shores) (Eastern End of Canal Street)COO AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH /�) THE NEWPORT SHORES COMMUNITY ASSOCIATION THIS AGREEMENT is made and entered into as of this *- Y 1• J-- day of /A r./ c h , 2006, by and between the CITY OF NEWPORT BEACH, a Municipal Corporation ( "City"), and the NEWPORT SHORES COMMUNITY ASSOCIATION, a California corporation, ( "Association "), and is made with reference to the following: RECITALS A. City is a municipal corporation duly organized and validly existing under the laws of the State of California with the power to carry on its business as it is now being conducted under the statutes of the State of California and the Charter of City. B. City maintains a public right -of -way running from the easterly street end of Canal Street to the adjacent canal which is depicted on Exhibit A attached hereto and incorporated by this reference ( "City Right -of- Way "). The City's Right -of -Way is currently unimproved property. C. The Newport Shores Community Association is an incorporated homeowners association that represents a total of 440 homeowners who live in the Newport Shores Community, located north of Coast Highway in the City of Newport Beach. D. Association owns and maintains real property in the Newport Shores Community located at 500 Canal Street, Newport Beach, California including, but not limited to the real property located at the eastern end of Canal Street in the Newport Shores Community. The portion of Association property depicted and described as the "Association Property" on Exhibit A shall hereinafter be referred to as the "Association Property." Hereinafter, the City Right -of -Way and Association Property shall be collectively referred to as the "Access Parcel." E. The parties hereto desire to enter into an agreement which provides for the construction of public improvements for the benefit of the public. To accomplish this desire, the parties are entering into this Agreement which provides for: (1) the granting,of a non - exclusive permanent easement by the Association to the City on, over, across and under the Association Property for storm drain and drainage purposes and for the purpose of allowing the general public access for pedestrian, bicycle, recreational and other public uses and for the construction and installation of sidewalks, benches, landscape, irrigation, storm drain, drainage and other appurtenant improvements; and (2) the maintenance of the public improvements (with • 0 the exception of the underground storm drain facilities) by the Association, all of which are subject to the terms and conditions set forth herein. NOW, THEREFORE, it is mutually agreed by and between the undersigned parties as follows: Time is of the Essence. Time is of the essence in the performance of this Agreement. Grant of Easement for Public Access and Storm Drain Facilities. Concurrent with its execution of this Agreement, Association shall execute and deliver to the City the grant of easement attached hereto as Exhibit B ( "Grant of Easement ") which is incorporated herein by this reference. 3. Construction of Public Improvements. (a) After the Grant of Easement is recorded, the City shall prepare construction documents, process all necessary permits, select a contractor and fund the construction of the landscape, irrigation, and other improvements on the Access Parcel. (b) No construction work as called for by Section 3(a) above shall interfere with or cause damage to the properties adjacent to the Access Parcel. Any such damage shall be repaired at the expense of the City's contractor. (c) The City shall construct the storm drain in such a manner as to not compromise the foundation of the tennis court facility. 4. Maintenance and Indemnity Agreement. Upon completion of the improvements, Association shall maintain the public improvements including, but not limited to, the walkways, bench, landscape, irrigation, and surface drainage improvements at its sole cost and expense. To this end, concurrent with its execution of this Agreement, Association shall execute and deliver to the City the Maintenance and Indemnification Agreement attached hereto as Exhibit C. City shall bear the cost of maintaining the underground storm drain facilities. 5. Miscellaneous. (a) Exhibits. All documents referenced as exhibits in this Agreement are hereby incorporated in this Agreement. (b) Successors and Assiqns. The terms, covenants, and conditions contained herein shall apply to and bind the heirs, successors, executors, and assigns of all the parties hereto. 2 • 0 (c) Amendment or Modification. This Agreement may not be modified or amended except by written agreement executed by the parties. (d) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California and any action brought relating to this Agreement shall be adjudicated in a court of competent jurisdiction in the County of Orange. (e) Severabilitv. The invalidity or unenforceability of any provision of this Agreement with respect to a particular party or set of circumstances shall not in any way affect the validity and enforceability of any other provision hereof or the same provision when applied to another party or to a different set of circumstances. [SIGNATURES ON FOLLOWING PAGE] 3 • • IN WITNESS WHEREOF, the parties have caused this Agreement to be executed on the day and year first written above. APPROVED AS TO FORM: C. Aaron C. Harp, Asst. City Attorney for the City of Newport Beach ATTEST: LaVonne Harkless City Clerk CITY OF NEWPORT BEACH, A Municipal Corporation By: omer Bludsh, City Manager for the City of Newport Beach NEWPORT SHORES 7[v S IATION: Robert Paal President KSMA.ca; �.." I t-- Barbara Thibault Secretary Attachments: Exhibit A — Access Parcel Map Exhibit B — Grant of Easement Exhibit C — Maintenance and Indemnification Agreement 4 EXHIBIT A 0 m ACCESS PARCEL - 12: • Exhibit B WHEN RECORDED, RETURN TO: City of Newport Beach 3000 Newport Beach Blvd. P.O. Box 1768 Newport Beach, California 92658 -8915 Attn: City Clerk (Free Recording Pursuant to Government Code § 6103) (SPACE ABOVE THIS LINE FOR RECORDER'S USE) GRANT OF EASEMENT h Thi Grant of Easement (this "Easement ") is entered into as of the t5;* day of 2006 ( "Effective Date") by and between the Newport Shores Community Association, a California mutual benefit corporation ( "Grantor "), and the City of Newport Beach, a municipal corporation ( "Grantee ") with reference to the following facts. A. Grantor is the fee owner of certain real property located in the City of Newport Beach, County of Orange, State of California, which property is more particularly described as Block 22, Tract No. 722 as shown on a map recorded in Book 175, Pages 26 and 27, inclusively in Miscellaneous Maps in the office of the County Recorder of Orange County, California (the "Grantor's Property "). B. Grantor desires to convey to Grantee an easement over that portion of the Grantor's Property located at the eastern end of Canal Street in the City of Newport Beach, which property is more particularly described and depicted in Exhibit "A" attached hereto and incorporated by this reference ( "Easement Area "), subject to the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the mutual promises, covenants, benefits, obligations and agreements set forth herein, the parties agree as follows: 1. Grant of Easement. Grantor grants to Grantee, and Grantee accepts the grant of, a non - exclusive permanent easement on, over and across the Easement Area for the benefit of the general public, for the purpose of allowing the general public access for pedestrian, bicycle, recreational and other public uses and for the construction and installation of sidewalks, benches, landscape, irrigation, and other appurtenant improvements for use by the general public (hereinafter collectively referred to as the "Public Access Easement Rights "). Grantor also grants to Grantee, and Grantee accepts the grant of, a non - exclusive permanent easement on, over, under and across the Easement Area for storm drain and drainage purposes, including the right to construct, operate, maintain, reconstruct, repair, improve, enlarge, access and replace a City storm drain and appurtenances in the Easement Area (hereinafter collectively referred to as the "Drainage Easement Rights "). 2. Nonexclusive Easement. The Easement is nonexclusive and the Grantor reserves all rights compatible with and not prejudicial to the Public Access Easement Rights and Drainage Easement Rights granted herein. The rights reserved are subject to the following express limitations: A. No buildings or permanent structures will be permitted within the Easement Area to prevent the exercise of the Public Access Easement Rights and Drainage Easement Rights granted herein. In addition, no block wall creating a water barrier across the Easement Area will be permitted. B. Nothing in this Grant of Easement is intended nor shall anything in this Grant of Easement be construed to transfer to Grantee or its successors or assigns or to relieve Grantor or its successors or assigns or predecessors in,title of any responsibility or liability Grantor or its successors or assigns or predecessors in title now has, has had or comes to have with respect to human health or the environment, including but not limited to responsibility or liability relating to hazardous or toxic substances or materials (as such terns as those used in this sentence are defined by statute, ordinance, case law, governmental regulation or other provision of the law). Furthermore, Grantee may exercise its right under law to bring action, if necessary, to recover clean up costs and penalties paid, if any, from Grantor or any others who are ultimately determined by a court of competent jurisdiction and/or a federal, state or local regulatory or administrative governmental agency or body having jurisdiction, to have responsibility for said hazardous or toxic substances or materials upon, within, or under the real property interests transferred pursuant to this Grant of Easement. Notwithstanding the forgoing, Grantee shall be and remain liable for any hazardous or toxic substances or materials which become located, because of Grantee's operations, upon, within, or under the real property interests transferred pursuant to this Grant of Easement. 3. Commencement of Easement. The Easement rights contained herein shall commence upon recordation of this Easement in the Official Records of the County of Orange. 4. Taxes. The payment of any real property taxes and assessments relating to fee ownership of the Easement Area or this Grant of Easement shall be borne by the Grantor. 5. Construction. Maintenance and Repair. Construction, Maintenance and Repair of the Easement Area and improvements thereon are addressed in a separate written agreement between the parties. 6. Permitted Use. Grantee shall use or permit the use of the Easement solely for the purposes stated in Section I hereof. 7. Successors and Assigns. This Agreement, including the Grant of Easement and all rights and duties of the parties, shall run with the land and inure to the benefit of and be binding upon the heirs, successors and assigns of the parties hereto. 8. Indemnity -- Grantor. To the fullest extent permitted by law, Grantor, its successors or assigns, agrees to indemnify, defend with counsel approved in writing by Grantee, and hold harmless Grantee and its elected and appointed officials, officers, agents and employees ("Indemnified Parties ") from and against any and all claims (including, without limitation, claims for bodily injury, death or damage to property), demands, obligations, damages, actions, causes of action, suits, losses, judgments, fines, penalties, liabilities, costs and expenses 2 0 0 (including, without limitation, attorney's fees, disbursements and court costs) of every kind and nature whatsoever (individually, a Claim; collectively, "Claims "), which arise from the Grantor, its members', guests', invitees', agents', employees', contractors' and/or subcontractors' use of the Easement Area. Notwithstanding the foregoing, nothing herein shall be construed to require Grantor to indemnify the Indemnified Parties from any Claim arising from the sole negligence or willful misconduct of the Indemnified Parties. Nothing in this indemnity shall be construed as authorizing any award of attorney's fees in any action on or to enforce the terms of this Grant of Easement. 9. Indemnity -- Grantee. To the fullest extent permitted by law, Grantee, its successors or assigns, agrees to indemnify, defend and hold harmless Grantor from and against any and all Claims, which arise from the Grantee's, its agents', employees', contractors' or subcontractors' construction, operation, maintenance and repair of the City's storm drain facilities, or the construction and installation of public improvements on the Easement Area. Notwithstanding the foregoing, nothing herein shall be construed to require Grantee to indemnify the Grantor from any Claim arising from the sole negligence or willful misconduct of Grantor. Nothing in this indemnity shall be construed as authorizing any award of attorney's fees in any action on or to enforce the terms of this Grant of Easement. 10. Successors and Assigns. This Agreement, including the grant of Easement and all rights and duties of the parties, shall run with the land and inure to the benefit of and be binding upon the heirs, successors and assigns of the parties hereto. The parties hereto shall not assign, transfer, convey or delegate any of their rights and duties in respect to the Easement property or under this Agreement, except as part of the assignment, transfer or conveyance of the property to which the Easement property is appurtenant. Any other attempted assignment of such Easement property or such rights and duties of the parties, whether voluntary or involuntary or by operation of law, shall be void and of no effect. Nothing contained in this Agreement does, or shall be construed to, limit in any way the right and ability of the Grantor to transfer, sell or encumber Grantor's Property. 11. Miscellaneous Provisions. (a) There are no representations, warranties or other agreements between the parties as to the matters described in this Agreement except as expressly stated herein, and this Agreement fully states the agreement of the parties as to such matters. (b) No change, amendment, alteration or revision of this Agreement shall be valid unless in writing and signed by the parties hereto. (c) In any action or proceeding between the parties to enforce any provision hereof, the party prevailing shall not be entitled to reasonable attorney's fees in addition to such other relief. 3 • • (d) Except as otherwise provided herein, all covenants, agreements and representations will survive the execution of this Agreement and any conveyances, transfers and deliveries contemplated herein. (e) This Agreement shall be interpreted, enforced and governed by the laws of the State of California and any action brought relating to this Agreement shall be adjudicated in a court of competent jurisdiction in the County of Orange. (f) Unless otherwise provided in this Grant of Easement, the terms, covenants, and conditions contained herein shall apply to and bind the heirs, successors, executors, administrators, and assigns of all the parties hereto, all of whom shall be jointly and severally liable hereunder. 12. Representations of Grantor. Grantor represents that as of the Effective Date hereof (a) Grantor is the owner of the Easement Area, (b) Grantor has the authority to enter into this Easement and (c) this Easement is a valid and binding obligation of the Grantor. IN WITNESS WHEREOF, Grantor and Grantee have executed this agreement effective as of the date first above written. GRANTOR: NEWPORT SHORES C0 NI�TY kSS CIATION Or'O iA " Date Robert Phal President 3%} -6 D", b.'I (- Date Barbara Thibault Secretary (Notarization of Grantor's signature required) 4 GRANTEE: CITY OF NEWPORT BEACH, a California municipal co oration DaJ6 Homer Bluda City manager, City of Newport Beach APPROVED AS TO FORM: 3(zY f7 �" C W"." Date Aaron C. Harp Asst. City Attorney, City of Newport Beach Attachments F:( USERS VCA71Shamd\ContractsWasementW ewport Shores Community AssociaHon.doc State of California } } ss. County of Orange } On this & day of; before me, Notary public, perso ally appearedj�, (or proved to me on the basis of satisfactory evidence) to be the person whose name tare subscribed to the within instrument and acknowledged to me tha he she/they executed the same a hi her /their capacity(io, and that b by ts/ t" er /their signature( on the instrument the person() or the entity upon behalf of which the n Person( acted, executed the instrument. • 1"0391 bYC - Cdtcmb WITNESS my hand and official seal #M± 9�Fw21 ,201 (SEAL) State of California } } ss. County of Orange } 11+11 MAtt 94Ub W1 Atui 1. IwA4;4 On this they day ofd before me, Notary public, personally appeared , (or proved to A vemr M -Vki1Q U f fi me on the basis of satisfactory evidence) to be the person(s} whose name(s) is/are subscribed to the within instrument and acknowledged to me that lte/she/dwy executed the same in his/her /their capacity(ies), and that by h"er/th& signature(&) on the instrument the person(*or the entity upon behalf of which the person(a) acted, executed the instrument. WIME�SS�my "hand and official seal. (SEAL) Notary's Signature „ 0 N J� - CANAL EXHIBIT A • EASEMENT AREA 492 62ND STREET Q N.T.S. • Exhibit C • RECORDING REQUESTED AND WHEN RECORDED RETURN TO: City Clerk's Office City of Newport Beach Post Office Box 1768 3300 Newport Boulevard Newport Beach, CA 92658 -8915 Space above this line for Recorder's use only. MAINTENANCE AND INDEMNIFICATION AGREEMENT BETWEEN THE NEWPORT SHORES COMMUNITY ASSOCIATION AND THE CITY OF NEWPORT BEACH THIS MAINTENANCE AND INDEMNIFICATION AGREEMENT is made and entered into this off`{ day of 446 Jk , 2006, by and between the Newport Shores Community Association, a California mutual benefit corporation, (hereinafter the "Association "), and the City of Newport Beach, California, a municipal corporation organized and existing under and by virtue of its Charter and the Constitution and the laws of the State of California, (hereinafter the "City"). WITNESSETH: WHEREAS, Association owns and maintains certain real property located at the eastern end of Canal Street, between Canal Street and the adjoining canal in the City of Newport Beach, County of Orange, State of California, which property is more particularly described as Block 22, Tract No. 722 as shown on a map recorded in Book 175, Pages 26 and 27 inclusively of Miscellaneous Maps in the office of the County Recorder of Orange County, California, as described and depicted on Exhibit "A" attached hereto and by this reference incorporated herein (hereinafter "Association Property"). WHEREAS, City maintains a certain public right -of -way running from the easterly street end of Canal Street to the adjacent canal, which is described and depicted on Exhibit "B" attached hereto and incorporated by this reference (hereinafter "City's Right -of- Way "). City's Right -of -Way is currently unimproved property. WHEREAS, City maintains storm drain facilities located within said the City's Right -of -Way. City desires to realign its storm drain through a portion of Association Property, and Association has 1 agreed to allow City to do so. The Association Property and the City's Right -of -Way shall hereinafter be referred to collectively as the "Access Parcel." WHEREAS, Association has asked City to install landscaping improvements on the Access Parcel to beautify the neighborhood and allow greater access to the adjoining canal. WHEREAS, City has agreed to install the requested improvements, including, but not limited to, an irrigation system, landscaping, a concrete walkway and other improvements to the adjoining canal (hereinafter collectively referred to as the "Improvements "), provided that the Association agrees to maintain the Improvements. WHEREAS, Association has granted City a non - exclusive, permanent easement on, over, across and under the Association Property to allow construction of the Improvements and the proposed realignment of the City's storm drain facilities. WHEREAS, the Parties desire to enter into an agreement providing for the maintenance of the Improvements by the Association and an indemnification agreement related to this obligation. NOW, THEREFORE, it is mutually agreed by and between the undersigned Parties as follows: Incorporation of Recitals. The above recitals are incorporated into this Agreement by this reference. 2. Effective Date. This Agreement shall be deemed effective on the date first set forth above (the "Effective Date ") and shall continue in effect until terminated as provided herein. 3. Description of Improvements. The Improvements shall include landscaping, plants and vegetation, a bench, a walkway, an irrigation and surface drainage system, and any other improvements that the Parties hereinafter mutually agree to in writing. 4. Installation of Improvements. City shall install the Improvements at its sole cost and expense. 5. Association to Assume Maintenance Obligation. Upon completion of all Improvements by City and after fifteen (15) calendar days notice from City to Association of such completion, Association shall thereafter, at its sole cost and expense, maintain the Improvements and the Access Parcel in good condition and repair, and in accordance with 2 the terms detailed hereinafter. City will further allow Association to take all reasonable measures necessary or convenient in accomplishing the aforesaid activities. 6. Alteration of Landscape Improvements. Association shall not materially alter the Improvements from their original condition as installed without the prior written approval of City. City's approval of the proposed alterations to the Improvements shall not be unreasonably withheld or delayed. 7. Failure to Perform. If Association fails to fulfill its maintenance or other responsibilities under this Agreement, City may provide Association written notice of such failure describing the deficiencies in reasonable detail ( "Deficiency Notice "). If such deficiency is not corrected within ten (10) business days of Association's receipt of a Deficiency Notice, City shall have the right, but not the obligation, to cure the deficiency; provided, however, that if the deficiency is of a type that cannot reasonably be cured within ten (10) business days, it will be deemed cured if Association commences to cure the deficiency within such period and proceeds diligently thereafter to complete the cure of such deficiency. If City elects to cure the deficiency, it shall be performed at City's standard rates and prices, and Association shall reimburse City for its costs incurred in curing the deficiency within fifteen (15) business days of Association's receipt of City's invoice for such costs. Such invoice shall be accompanied by copies of receipts evidencing the actual cost of cure incurred by City. 8. Utilities. Association shall pay for all utilities to maintain the Improvements, including water and electricity. 9. Association and City further agree as follows: (a) Association shall maintain the Improvements to the Access Parcel in accordance with the generally prevailing standard of maintenance in the surrounding area. Association agrees to provide weekly maintenance, which shall include, as needed, weeding, trimming, litter pickup, mowing, hardscape cleaning, irrigation maintenance, electrical maintenance, purchasing and pest and rodent control. However, nothing herein shall be construed to require Association to maintain, replace or repair any City-owned pipeline located in or under the Access Parcel. 3 0 0 (b) Should the City be required to enter onto said Access Parcel to exercise its primary rights associated with the City's Right -of -Way, including but not limited to, the maintenance, removal, repair, renewal, replacement or enlargement of existing or future public facilities or improvements, including the City's storm drain facilities, City may remove portions of the Improvements, as required, and in such event: (i) City shall provide Association with reasonable notice of its intention to accomplish such work, provided that an emergency situation does not exist; and (ii) City agrees to bear only the cost of any removal and replacement of the Improvements affected by such work by City; 10. Termination. In the event either party breaches any material provision of this Agreement, the other party at its option may, in addition to the other legal remedies available to it, terminate this Agreement, and, in the event the breaching party is Association, City will hire a contractor to maintain the areas and will bill the Association for all reasonable costs. Ternrination because of breach shall be upon a minimum of ten (10) days' notice, with the notice specifying the date of termination. 11. Liens. Association shall not suffer or permit to be enforced against the City's Right -of- Way any mechanics, laborers, materialmen, contractors, subcontractors, or any other liens, claims or demands arising from any maintenance or other work performed by Association within the Access Parcel, but Association shall pay or cause to be paid all of said liens, claims and demands before any action is brought to enforce the same against the City's Right -of -Way. 12. Liens. City shall not suffer or permit to be enforced against the Association Property any mechanics, laborers, materialmen, contractors, subcontractors, or any other liens, claims or demands arising from any construction, maintenance or other work performed by City within the Access Parcel, but City shall pay or cause to be paid all of said liens, claims and demands before any action is brought to enforce the same against the Association Property. 0 0 13. Indemnification by Association. Association shall indemnify, defend and hold harmless City, its City Council, boards and commissions, officers, employees, agents and volunteers, from and against any and all claims (including, without limitation, claims for bodily injury, death or damage to property), demands, obligations, damages, actions, causes of action, suits, losses, judgments, fines, penalties, liabilities, costs and expenses (including, without limitation, attorney's fees, disbursements and court costs) of every kind and nature whatsoever (individually, a "Claim'; collectively, "Claims ") arising from or related to: (a) the acts of Association, its contractors, subcontractors, employees, or agents within the Access Parcel; and/or (b) Association's performance of its obligations hereunder; provided, however, that Association's indemnity obligations hereunder shall not apply to the extent that any Claim is caused by the sole negligence or willful misconduct of City. Nothing in this indemnity provision shall be construed as authorizing any award of attorney's fees in any action on or to enforce the terms of this Agreement. This indemnity shall apply to all claims and liability regardless of whether any insurance policies are applicable. The policy limits of such insurance do not act as a limitation upon the amount of indemnification to be provided by Association. 14. Indemnification by City. City shall indemnify, defend, waive and hold harmless Association, its council, boards and commissions, directors, officers, employees, agents and volunteers, from and against any and all Claims arising from or related to: (a) the acts of City, its contractors, subcontractors, employees, or agents within the Access Parcel; and/or (b) City's performance of its obligations hereunder; provided, however, that City's indemnity obligations hereunder shall not apply to the extent that any Claim is caused by the sole negligence or willful misconduct of Association. Nothing in this indemnity provision shall be construed as authorizing any award of attorney's fees in any action on or to enforce the terms of this Agreement. This indemnity shall apply to all claims and liability regardless of whether any insurance policies are applicable. The policy limits of such insurance do not act as a limitation upon the amount of indemnification to be provided by City. 15. Assi ng ment. Association may assign its rights and obligations under this Agreement to a commercial company responsible for maintenance of common areas within the Association Tracts. Any such assignment shall be in writing, it shall contain the assignee's agreement to be fully bound by the terms and provisions of this Agreement, and a copy of such assignment shall be delivered to City. 5 0 0 16. Insurance. Without limiting Association's indemnification of City, Association agrees that: (a) Workers' Compensation Insurance: During the term of this Agreement, Association shall obtain and maintain, at no cost or expense to City, for its employees, if any, that perform any design, installation, maintenance or other work in connection with the Improvements or the Access Parcel, Workers' Compensation Insurance and Employer's Liability Insurance in accordance with the laws of the State of California. Association shall require in its contracts with any person, contractor or subcontractor (hereinafter collectively referred to as "Contractors ") that perform any design, installation, maintenance or other work in connection with the Improvements or the Access Parcel, that the Contractors obtain and maintain at all times during the performance of any such work, at no cost or expense to City, Workers' Compensation Insurance and Employer's Liability Insurance in accordance with the laws of the State of California. (b) Commercial General Liability Insurance: During the term of this Agreement, Association shall obtain and maintain, at no cost or expense to City, commercial general liability insurance at levels that are consistent with industry standards for the Association Property and operations of the Association. Association shall require in its contracts with any Contractors that perform any design, installation, maintenance or other work in connection with the Improvements or the Access Parcel, that the Contractors obtain and maintain at all times during the performance of any such work, at no cost or expense to City, commercial general liability insurance at levels that are consistent with industry standards. (c) Acceptable Insurers. All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance in the State of California, with an assigned policyholders' Rating of A- (or higher) and Financial Size Category Class VII (or larger) in accordance with the latest edition of Best's Key Rating Guide, unless otherwise approved by the City's Risk Manager. (d) Timely Notice of Claims. Association shall ensure that City receives prompt and timely notice of claim made or suit instituted arising out of or resulting from work performed under this Agreement. '-9 0 L N (e) Additional Insurance. Association shall also procure and ma;tain, at its own cost and expense, any additional kinds of insurance, which in its QWn judgment may be necessary for its proper protection and prosecution of the work. 17. Notices. Notices required or permitted under this Agreement shall be in writing and shall be deemed to have been duly given if personally delivered or sent by prepaid first class mail, addressed as follows: City of Newport Beach Public Works Department 3300 Newport Boulevard (P.O. Box 1768) Newport Beach, California 92658 -8915 Attention: City Engineer Newport Shores Community Association 511 Canal Street Newport Beach, California 92633 18. Covenants Running with the Land. The covenants and restrictions by Association set forth in this Agreement: (a) are made for the direct benefit of the Association Property; (b) will constitute covenants running with the land and equitable servitudes; (c) will bind Association and every person having any fee, leasehold or other interest in any portion of the Association Property at any time or from time to time; and (d) will insure to the benefit of the City and every person having any fee, leasehold or other interest in the City Right -of -Way at any time or from time to time. 19. Successors and Assigns. Association agrees that this Agreement shall remain in full force and effect from execution thereof; shall run with the land; shall be binding upon the heirs, successors, and assigns of Association's interest in the land whether fee or otherwise, and shall be recorded in the Office of the County Recorder of Orange County, California. 20. Amendments. This Agreement may be modified or amended only by a written document executed by both Association and the City and approved as to form by the City Attorney's Office. 21. Waiver. A waiver by either party of any breach, of any term, covenant, or condition contained herein shall not be deemed to be a waiver of any subsequent breach of the same or other term, covenant or condition contained herein, whether of the same or a different character. 7 9 0 22. Compliance with All Laws. Association shall at its own cost and expense comply with all statues, ordinances, regulations and requirements of all governmental entities, including federal, state, county or municipal, whether now in force or hereinafter enacted. 23. Controlling Law and Venue. The laws of the State of California shall govern this Agreement and all matters relating to it and any action brought relating to this Agreement shall be adjudicated in a court of competent jurisdiction in the County of Orange. 24. Entire Agreement. This Agreement and the exhibits attached hereto constitute the entire Agreement between the Parties pertaining to the subject matter hereof, and all prior and contemporaneous agreements, representations, negotiations and understandings of the Parties, whether oral or written, are hereby superseded and merged herein. 25. Corporate Authority. The persons executing this Agreement on behalf of each Party warrant that he /she is duly authorized to execute and deliver this Agreement on behalf of the respective Party for whom they sign, and that by so executing this Agreement, the Parties are bound by the provisions of this Agreement. IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed on the day and year first -above written. APPROVED AS TO FORM: By. C4---� C. �_ Aaron C. Harp Assistant City Attorney City of Newport Beach c�� CITY OF NEWPORT BEACH, a Municipal corporation By: Homer Btddau City Manager City of Newport Beach NEWPORT SHORES COMMUNITY ASS ON : J�r By. Robert Paul, President Attachments: Exhibit A — Association Property Exhibit B — City Right -of -Way 0 By: a J�A %-J rj &M tj Barbara Thibault, Secretary n u STATE OF CALIFORNIA ) ss: COUNTY `OF�ORANGE ) On` 10-AJ+' a-"-i personally appeared r before me,Q9 � petaeMHy-6WWH- to i"e (or proved to me on the basis of satisfactory evidence) to be the person(4 whose name(�Gare subscribed to the within instrument and acknowledged to me thatQhe /they has executed the same in i�her /their authorized capacity(ipg), and that by lis er /their signatureW on the instrument the person(p) or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. Notary Public Wadd for said State STATE OF CALIFORNIA COUNTY OF ORANGE 0 ss: Way �u personally appeared 200 t before me, ., I, (This area for official notarial seal) Lei leol 1. A'lvb��n ewe (or proved to me on the basis of satisfactory evidence) to be the person(o} whose name(* is/afo - subscribed to the within instrument and acknowledged to me that he/she /they has executed the same in4WIter /them authorized capacity(aesr and that byJi.Wher /iIieir signature(g) on the instrument the person(4 or the entity upon behalf of which the person acted, executed the instrument. IULAM t. BROWN Convrb an M 1439177 Notary Public • CaMOMIa OK"W Counter WITNESS my hand and official seal. w Notary Public in and for said tate (This area for official notarial seal) M1 0 N CANAL MAVA71 0 EXHIBIT A • 1y 492 62ND STREET , \ 20 a N.T.S. ASSOCIATION PROPERTY o \ N \ CANAL 0 EXHIBIT B 0 y N 1 \ \ V V \ 492 62ND STREET \ Q N.T.S. //, CITYS RIGHT -OF -WAY