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HomeMy WebLinkAboutC-5819 - Letter of Understandingv LETTER OF UNDERSTANDING THIS LETTER OF UNDERSTANDING has superceded the previous LETTER OF UN4.ERJSTANDING executed May 8, 2002, is made and entered into this t' day of f�i6itrn y 2003, by and between Little Balboa Island Property Owner Association, a !California non profit corporation, (hereinafter "OWNER"), 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 "CITY"). This "Letter of Understanding" is a condition of the City of Newport Beach Encroachment Permit No. N2002-0043 to allow the installation of four each 6-foot tall lighthouses with low voltage lighting in the medians located within Park Avenue right-of-way legally described in Tract 742 Map of Resubdivision Section One of Balboa Island; as shown on a map recorded in Book 6, Page 30 inclusively of Miscellaneous Maps in the office of the County Recorder of Orange County, California; OWNER and CITY agree as follows: 1. OWNER desire to provide the four each 6-foot tall lighthouses to the CITY, to be installed by the CITY, (hereinafter "PERMITTED IMPROVEMENTS") within Park Avenue right- of-way (hereinafter "RIGHT-OF-WAY) in the locations shown on Exhibit "A" hereto attached. CITY traffic engineer has reviewed the plan for the PERMITTED IMPROVEMENTS and approved the design and location as provided in Permit No. N2002-0043 and General Services Department. OWNER shall maintain the PERMITTED IMPROVEMENTS in accordance with general prevailing standards of maintenance. OWNER shall be responsible for all required repairs, and at OWNER's option, replacement of the PERMITTED IMPROVEMENTS as necessary due to vandalism or damage. 2. Upon the request of OWNER, CITY will coordinate with CITY's landscape maintenance contractor to arrange for installation of seasonal color plants in the medians. OWNER shall be responsible for paying the CITY's landscape maintenance contractor directly for periodic seasonal color plants and installation cost. All periodic seasonal landscaping within the median shall be maintained at a maximum height of 24-inches. 3. In the event either party breaches any material provision of this "Letter of Understanding", the other party at its option may terminate this "Letter of Understanding". In the event the breaching party is OWNER, CITY may enter upon the RIGHT-OF-WAY and r 4, remove all or part of the PERMITTED IMPROVEMENTS installed by the CITY. Termination because of breach shall be upon a minimum of ten (10) day notice, with the notice specifying the date of termination. Rights granted under this "Letter of Understanding" may be terminated by CITY at any time by giving 60 days' notice, specifying in said notice the date of termination. CITY shall incur no liability whatsoever in the event of the termination of this "Letter of Understanding", or subsequent removal of improvements by CITY. 4. OWNER has designated the Association President as administrator to ensure compliance with the provisions of this Agreement. Owner will designate replacement successor administrators from time to time and will notify City administrator of these changes in a timely manner. All notices to OWNER shall be addressed to: Little Balboa Island Property Owner Association, P.O. Box 74, Newport Beach, California, 92662 (949-723-6416 phone). CITY as designated Marcy Lomeli (Park & Tree Superintendent, General Services Department) as administrator to ensure compliance with the provisions of this agreement. API notices to CITY shall be addressed to: City of Newport Beach, General Services Department, 3300 Newport Boulevard, P.O. Box 1768, Newport Beach, California 92658-8915 (949-650- 5643 fax, 949-644-3069 phone). IN WITNESS WHEREOF, the parties hereto have caused this "Letter of Understanding" to be executed on the day and year first -above written. APPROVED AS T,@ FORM: By: ATTEST: CITY OF NEWPORT BEACH, a Municipal corporation By: Attorney City Manager cL.�1�� City Clerk OWNER: Little Balboa Island Property O - ner Associatio By: CRsAL AVE. ASAL oNE \v ! \ » ! � y CRYSTAL AVE. JOFZ EX/-I/BIT "A" Man Marvicsin HAND. PAINTED & VINYL LETTERING WOOD SIGNS•TRUQ(S,BANNERS•BQATS '' a , a924-2907 7 -888-S16NS25 The Wooden base is 2" thick, with a 6" hale in the center far the GFI eutiet. In a 6 inch radius, use threaded rod whatever diameter yeu like, this will have 9/2 inch lilut hales drilled but you may redrill if needed. The lhthouse will be easily mounted onto the wooden base ardund the bettSm edge when rSy. 6" radius for mounting rod Total height 72" ANCHQB NUTS wim WASHERS 2 OF Z EXH/B) T "A"