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HomeMy WebLinkAboutAgr 1995-01-17 (Marin County Open Space District)I D 11\ / AGREEMENT BETWEEN THE TOWN OF TIBURON AND THE MA JA% 4" COUNTY OPEN SPACE DISTRICT REGARDING THE PURCHASE AND MAINTENANCE OF THE HARROMAN PROPERTY TOWN MANAGERS 0 This Agreement dated ^~u,~,~zy / Z , 1995 is by and between the TOWN OF TIBUR( Town of Tiburon, a municipal corporation (hereafter "Tiburon") and the Marin County Open Space District, a special district (hereafter "District"). WHEREAS, Tiburon and District are parties to a Joint Powers and Community Facilities Agreement dated January 20, 1993 (the "JPA"), which Agreement provided for the creation of a community facilities district under the Mello-Roos Community Facilities Act of 1982 for the purpose of funding the acquisition of specified properties in Tiburon for preservation of open space; and WHEREAS, pursuant to Section 3 of the JPA, the District agreed to contribute up to $300,000 towards the purchase of the listed properties, to coordinate a challenge grant with the Marin Community Foundation, to take fee title to all or a portion of the properties acquired, and to maintain and manage the properties to which it has taken title; and WHEREAS, Tiburon and District have entered into an agreement with the owners of the Harroman property (hereafter "Property") to acquire that Property which was one of the listed properties in the JPA. NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows: SECTION I: DISTRICT 1. Tiburon and District agree to purchase the 101 acre Property (APN 58-100- 20, 21) from the Harroman Company, Inc. pursuant to the terms of the Purchase Agreement with the Harroman Company Inc. That agreement is attached as Exhibit 1 and incorporated by reference herein. 2. District agrees to immediately begin proceedings under the Mello-Roos Community Facilities Act of 1982 to sell bonds in the amount of $2,550,000 towards the purchase of Parcel 2 of the Property, as defined in the Purchase Agreement. 3. Pursuant to Section 3(d) of the JPA, District agrees to contribute $300,000 towards the purchase of Parcel 1 of the Property, as defined in the Purchase Agreement. 4. Pursuant to Section 3(e) of the JPA, District agrees to request from the Beryl Buck Open Space Fund of the Marin Community Foundation a $300,000 challenge grant and, if said grant is acquired, to apply $150,000 from said grant toward the purchase of Parcel 2 of the Property, as defined in the Purchase Agreement. 5. Pursuant to section 3(c) of the JPA, District agrees to take fee title to Parcel 2 of the Property and to assume responsibility for the maintenance and management of the Property consistent with District's approved Land Management Policies and Code, as either or both may be amended from time to time. District further agrees to take fee title to and assume responsibility for the maintenance and management of Parcel 1 of the Property, or any portion thereof contiguous to Parcel 2, at such time as Tiburon can convey title to all or any portion of Parcel 1 free and clear of the Deed of Trust described in the Purchase Agreement, Letters of Credit, or other instruments which may burden the property and cause its removal from District ownership. SECTION II: TIBURON 1. In order to guarantee the District ownership of land whose appraised value equals or exceeds the District's contribution of $300,000 pursuant to Section I(3) of this Agreement, Tiburon agrees to convey to the District fee title to a portion of Parcel l with an appraised value of not less than $300,000 prior to March 1, 1997. If Tiburon cannot make such conveyance, Tiburon shall instead convey to the District fee title to the following parcels of existing open space land currently owned by Tiburon: APN 34-012-48, 34-012- 49, 34-012-50, 38-182-17, and 38-182-46. Such conveyance shall occur with the provision that geologic and hydrologic conditions on said parcels do not pose hazards to adjoining privately owned parcels and that such determination be made by a qualified geotechnical engineer who shall submit a written report to Tiburon for review by the District prior to conveyance of the parcels. The parties agree that these parcels have an aggregate value of not less than $300,000 and shall remain as permanent open space consistent with the terms of any purchase or dedication by which Tiburon acquired title. 2. Tiburon agrees that all lands conveyed to the District pursuant to this Agreement shall be managed consistent with District's approved Land Management Policies and Code, as either or both may be amended from time to time. SECTION 3: INDEMNITY 1. No party to this Agreement, nor any officer, agent, or employee thereof, shall be responsible for any damage or liability occurring by reason of anything done or omitted to be done by any other party to this agreement under or in connection with any work, authority, or jurisdiction delegated to that other party under this Agreement. 2. It is also understood and agreed that, pursuant to Government Code Section 895.4, each party to this Agreement shall indemnify and hold the other party to this Agreement harmless from any liability imposed for injury (as defined by Government Code Section 810.8) occurring by reason of anything done or omitted to be done by that first party under or in connection with any work, authority, or jurisdiction to that first party under this agreement. IN WITNESS WHEREOF, the parties have executed this Agreement on the date listed above. TOWN OF TIBURON Mayor MARIN COUNTY OPEN SPACE DISTRICT (Is;idelnt, Board of Directors Attest: Secretary