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2024/03/12 City Council Resolution 2024-015 RESOLUTION NO. 2024-015 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK AUTHORIZING AND APPROVING AN IMPACT FEE CREDIT AGREEMENT WITH SOMO VILLAGE, LLC FOR THE CAMINO COLEGIO IMPACT FEE REQUIRED BY THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT WHEREAS,on August 10, 2010, the City Council of the City of Rohnert Park adopted Resolution No. 2010-101 approving the Final Environmental Impact Report for the Sonoma Mountain Planned Development; and WHEREAS,on March 9, 2021, the City Council of the City of Rohnert Park adopted Resolution No. 2021-028 approving the Supplemental Environmental Impact Report for the Sonoma Mountain Planned Development; and WHEREAS,on March 23, 2021, the City Council of the City of Rohnert Park adopted Ordinance 953 approving the Amended and Restated Development Agreement(Development Agreement) between the City of Rohnert Park (City) and SOMO Village, LLC (Developer); and WHEREAS, Section 4.08(B) of the Development Agreement requires the Developer to pay impact fees throughout the course of the project, including an impact fee in the amount of One Million Seven Hundred and Eleven Thousand Three Hundred Sixty-One Dollars ($1,711,361), with CPI adjustment, towards Camino Colegio to be paid in two installments ("Camino Colegio Impact Fee"); and WHERAS, on July 8, 2022, the City Engineer approved SOMO Village Phase 1 N-A, SOMO Village Planned Development, Rohnert Park, California, June 2022, WDID #149C393412, prepared by Civil Design Consultants Inc., 66 sheets; and WHEREAS, On January 26, 2023, a Public Improvement Agreement by and between the City of Rohnert Park and SOMO Village, LLC for Phase 1N-A in-Tract Surface and Dry Utilities Improvements was recorder as Instrument No. 2023003409 in the Official Records of the County of Sonoma; and WHEREAS,during the course of improvements there were unforeseen conditions and the Developer utilized their own resources to rehabilitate Camino Colegio beyond the requirements of the Development Agreement and project approvals; and WHEREAS,the City desires to reimburse Developer for the costs of this additional work by providing a credit against the first installment of the Camino Colegio Impact Fee; and WHEREAS, Developer has provided documentation complying with Public Contract Code that documents its costs for the work in a not-to-exceed a value of One-Hundred Twenty- Nine Thousand Nineteen Dollars and Fourteen cents ($129,019.14); and WHEREAS, the City and Developer desire to enter into an Impact Fee Credit Agreement allocating the $129,019.14 to the first installment of the Camino Colegio Impact Fee. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rohnert Park that it does hereby authorize and approve the Impact Fee Credit Agreement towards the first installment of the Camino Colegio Impact Fee included as Exhibit A to this Resolution. BE IT FUTHER RESOLVED that based on the evidence presented at the duly noticed public meeting of March 12, 2024, the City Council of the City of Rohnert Park finds that the public improvements and activities were adequately described and mitigated in the Final Environmental Impact Report and Supplemental Environmental Impact Report for the Sonoma Mountain Planned Development, and that no other CEQA analysis is warranted. BE IT FURTHER RESOLVED that the City Manager is hereby authorized and directed to execute the Impact Fee Credit Agreement for the first installment of the Camino Colegio Impact Fees in substantially similar form to the agreement attached hereto and incorporated by this reference as Exhibit A subject to minor modification by the City Manager or City Attorney. DULY AND REGULARLY ADOPTED this 12th day of March, 2024. CITY OF NERT PARK ATTEST: Susan H. Adams, Mayo Sylvia Lopez C ty Clerk _ P RO D •. . T RM: �-��, ���� ...Aik ik ichelle M. Kenyon, City Attorney Attachments: Exhibit A ELWARD: R DRIGUEZ: SANBORN: GIUDICE:*46'4DAMS: A—Cy, A S: ( ) NOES: ( :drii ABSENT: ( ABSTAIN: ( ' ) Resolution 2024-015 Page 2 of 2 4872-9921-5271 v1 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City of Rohnert Park 130 Avram Avenue Rohnert Park, California 94928-2486 Attention: City Clerk ) ) ) ) ) ) ) ) (Space Above This Line for Recorder's Use Only) Exempt from recording fee per Gov. Code § 27383. IMPACT FEE CREDIT AGREEMENT BY AND BETWEEN THE CITY OF ROHNERT PARK AND SOMO VILLAGE, LLC THIS IMPACT FEE CREDIT AGREEMENT (the "Agreement") is made and entered into on this ______ day of ______________ 2024 (the "Effective Date") by and between SOMO VILLAGE, LLC, a Delaware limited liability corporation (“Developer"), and the CITY OF ROHNERT PARK, a California municipal corporation ("City"), with reference to the following facts and intentions. R E C I T A L S A. On March 23, 2021, the City Council of the City of Rohnert Park adopted its Ordinance No. 953 approving an Amended and Restated Development Agreement with the Developer recorded in the Official Records of Sonoma County as Document No. 2021070368 (the “Development Agreement”). B. The Development Agreement requires that the Developer construct certain roadway improvements and pay certain impact Fees. Section 4.08(B) of the Development Agreement provides that Developer shall pay “a fee equal to One Million Seven Hundred and Eleven Thousand Three Hundred Sixty-One Dollars ($1,711,361), subject to CPI Adjustment, for the purpose of mitigating roadway impacts on existing Camino Colegio caused by the Project (“Camino Colegio Impact Fee”)” in two installments of: (1) Eight Hundred Fifty-Five Thousand Six Hundred Eighty-One Dollars ($855,681) with CPI adjustment prior to the issuance of the one thousandth (1,000th) residential building permit for the Project; and (2) Eight Hundred Fifty-Five Thousand Six Hundred Eighty Dollars ($855,680) with CPI adjustment prior to the issuance of the one thousand three hundred and twenty- seventh (1,327th) residential building permit for the Project.” 4872-9921-5271 v1 C. During the course of construction of required improvements at Camino Colegio, the Developer encountered unforeseen conditions and utilized their own resources to rehabilitate Camino Colegio beyond the requirements of the Development Agreement and project approvals. D. The City desires to reimburse Developer for the costs of this additional work by providing a credit against the first installment of the Camino Colegio Impact Fee. A G R E E M E N T NOW, THEREFORE, in consideration of the faithful performance of the terms and conditions set forth in this Agreement, the parties hereto agree as follows: 1. Incorporation of Recitals. The foregoing Recitals are true and correct and are hereby incorporated into and form a material part of this Agreement. 2. Property Subject to Agreement. The property which is the subject of this Agreement (“Property”) is located in the City of Rohnert Park, Sonoma County, California, and is described in Exhibit 1, attached hereto and incorporated by this reference. The Property is only a portion of the real property subject to the Development Agreement. The City has approved the development of residential subdivision on the Property (the “Project”). 3. Impact Fee Credit. 3.1. Source and Method of Credit. Subject to the limitations set forth in this Section 3, Developer, or any subsequent developer of the Property, shall receive a credit in an amount not to exceed $129,019.14, based on unforeseen costs and supporting documentation of the work (“Impact Fee Credit”). 3.2 Implementation of Impact Fee Credit. The Impact Fee Credit shall be applied in an amount not to exceed $129,019.14 against the first installment of the Camino Colegio Impact Fee as adjusted based on CPI as of the Effective Date. The City shall keep an accounting of the balance of the Impact Fee Credit. 4. Miscellaneous. 4.1 Compliance with Laws. Developer shall fully comply with all federal, state and local laws, ordinances and regulations in the performance of this Agreement. Developer shall, at its own cost and expense, obtain all necessary permits and licenses for the work, give all necessary notices, pay all fees and taxes required by law that will serve the development on the Property. Copies and/or proof of payment of said permits, licenses, notices, fee and tax payments and deposits shall be furnished to the City Engineer upon request. 4.2. Notices. Formal written notices, demands, correspondence and communications between City and Developer shall be sufficiently given if: (a) personally delivered; or (b) dispatched by next day delivery by a reputable carrier such as FedEx to the offices of City and Developer indicated below, provided that a receipt for delivery is provided; or (c) if dispatched by 4872-9921-5271 v1 first class mail, postage prepaid, to the offices of City and Developer indicated below. Such written notices, demands, correspondence and communications may be sent in the same manner to such persons and addresses as either party may from time-to-time designate by next day delivery or by mail as provided in this section. City: City of Rohnert Park 130 Avram Avenue Rohnert Park, CA 94928 Attn: City Manager with a copy to: City of Rohnert Park 130 Avram Avenue Rohnert Park, CA 94928 Attn: City Attorney Developer: SOMO Village LLC PO Box 7087 Cotati, CA 94931 Attn: Brad Baker Notices delivered by deposit in the United States mail as provided above shall be deemed to have been served two (2) business days after the date of deposit if addressed to an address within the State of California, and three (3) business days if addressed to an address within the United States but outside the State of California. 4.3 Entire Agreement. The terms and conditions of this Agreement constitute the entire agreement between City and Developer with respect to the matters addressed in this Agreement. This Agreement may not be altered, amended or modified without the written consent of both parties hereto. 4.4 Runs with the Land; Recordation. This Agreement pertains to and shall run with the Property. Upon execution, this Agreement shall be recorded in the Official Records of Sonoma County. 4.5 Waiver or Modification. Any waiver or modification of the provisions of this Agreement must be in writing and signed by the authorized representative(s) of each Party. 4.6 Relationship of the Parties. Neither Developer nor Developer's contractors, subcontractors, agents, officers, or employees are agents, partners, joint venturers or employees of City and the Developer's relationship to the City, if any, arising herefrom is strictly that of an independent contractor. Developer’s contractors and subcontractors are exclusively and solely under the control and dominion of Developer. Further, there are no intended third party beneficiaries of any right or obligation assumed by the Parties. 4872-9921-5271 v1 4.7 Binding Upon Heirs, Successors and Assigns. The terms, covenants and conditions of this Agreement shall be binding upon all heirs, successors and assigns of the parties hereto; provided, however, that this Agreement shall not be binding upon a purchaser or transferee of any portion of the Property except as assigned pursuant to the terms of the Development Agreement. 4.8 Governing Law; Venue. This Agreement shall be construed and enforced in accordance with the laws of the State of California, without reference to choice of law provisions. Any legal actions under this Agreement shall be brought only in the Superior Court of the County of Sonoma, State of California. 4.9 Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed to be an original. 4.10 Interpretation. This Agreement shall be construed according to its fair meaning, and not strictly for or against any party. No presumptions or rules of interpretation based upon the identity of the party preparing or drafting the Agreement, or any part thereof, shall apply to the interpretation of this Agreement. 4.11 Headings. Section headings in this Agreement are for convenience only and are not intended to be used in interpreting or construing the terms, covenants or conditions contained in this Agreement. 4.12 Authority. Each party executing this Agreement on behalf of a party represents and warrants that such person is duly and validly authorized to do so on behalf of the entity it purports to bind and if such party is a partnership, corporation or trustee, that such partnership, corporation or trustee has full right and authority to enter into this Agreement and perform all of its obligations hereunder. IN WITNESS WHEREOF, City and Developer have executed this Agreement as of the Effective Date. (signatures on following page) 4872-9921-5271 v1 "CITY" CITY OF ROHNERT PARK, a California municipal corporation Dated: By: City Manager Per Resolution No. 2024-____ adopted by the Rohnert Park City Council at its meeting of , 2024. ATTEST: City Clerk APPROVED AS TO FORM: City Attorney 4872-9921-5271 v1 Dated: "DEVELOPER" SOMO Village, LLC, ________________________________________ By: Brad Baker Manager 4872-9921-5271 v1 ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA ) ) ss. COUNTY OF SONOMA ) On __________________ before me, _______________________________________, (here insert name and title of the officer) personally appeared _______________________________, who proved to 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 he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature ________________________________ (Seal) 4872-9921-5271 v1 ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA ) ) ss. COUNTY OF CONTRA COSTA ) On __________________ before me, _______________________________________, (here insert name and title of the officer) personally appeared _______________________________, who proved to 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 he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature ________________________________ (Seal) 4872-9921-5271 v1 ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA ) ) ss. COUNTY OF SONOMA ) On __________________ before me, _______________________________________, (here insert name and title of the officer) personally appeared _______________________________, who proved to 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 he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature ________________________________ (Seal)