AGREEMENT
FOR
CONSTRUCTION OF IMPROVEMENTS
WHEREAS, the undersigned, D.R. Horton _ whose business address is 2280 Wardlow Circle, Suite 100, Corona, CA 92878
herein referred to as "Contractor", has submitted to the City of Lake Elsinore for its approval a haul route plan for the project known as Laguna Pointe
; and,
WHEREAS, Contractor desires to enter into an agreement and to furnish security in compliance with the City of Lake Elsinore Municipal Code LEMC 15.72.065. ;
NOW, THEREFORE, in consideration of the approval of said Haul Route plan by the City, and as a condition of such approval, the Contractor promises and agrees at his own expense to adhere to the requirements of said condition and submits with this agreement, security for all costs and expense of in repairing any damage to streets or other public facilities and the removal of any deposits of earth materials or other debris resulting from the permitted operations.
The above enumeration of items is understood to be only a general designation of the work and improvements, and not a binding description thereof.
It is further understood and agreed that upon default of any obligation hereunder and at any time after any such default, the City may make written demand upon the Contractor and surety to immediately remedy the default or complete the work. If said remedial activities or completion of work are not commenced within sixty (60) days after such demand is made and are not thereafter diligently prosecuted to completion and fully completed within one hundred twenty (120) days after the making of such demand (or such other time as may be contained in said demand), the City may then complete or arrange for completion of all remaining work or conduct such remedial activity as in the sole judgment of the City may be required, all at the full expense and obligation of the Contractor and surety and all without the necessity of giving any further notice to the Contractor or surety before the City performs or arranges for performance of any work, and whether or not the Contractor or surety have constructed any of the requirements at the time. In the event the City elects to complete or arrange for completion of remaining work, the City Engineer, upon such election, may require all work by the Contractor or surety to cease in order to 1 permit adequate coordination by the City for completing any remaining work not yet completed.
The contractor shall provide security in the form of cash and in the amount of Five Thousand Dollars ($5,000.00) in compliance with the terms of approval. For purposes of enforcing this agreement, the term "city" includes the city council, the city manager, the city attorney, city engineer, or any of them, or any of their authorized representatives.
In WITNESS WHEREOF, the Contractor has caused this agreement to be executed this day of April , 2024
D.R. Horton
FOR:
Type or Print name of company on line above
SIGNED
CITY OF LAKE ELSINORE
BY:
Steve Manos, Mayor
CITY OF LAKE ELSINORE
ATTEST: APPROVED BY:
andice Alvarez, City Cler Jason P. Simpson, City Manager
CITY OF LAKE ELSINORI CITY OF LAKE ELSINORE
2 CALIFORNIA ACKNOWLEDGMENT CIVIL CODE § 1189
888888888888888888888888888888888888888880888888838888888888888888888888888898888 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
County of Riverside
On April 4, 2024 Ginger Lovett, Notary Public
before me,
Date Here Insert Name and Title of the Officer
personally appeared Jennifer L. O'Leary
Name(s) of Signers)
who proved to me on the basis of satisfactory evidence to be the person) whose name/s) is/are subscribed to the within instrument and acknowledged to me that Ixetshe/they executed the same in is/her/ther authorized capacityties), and that by Kis/her/their signature(x) on the instrument the person(x), or the entity upon behalf of which the person(k) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the
GINGER LOVETT laws of the State of California that the foregoing Notary Public - California paragraph is true and correct.
Riverside County
Commission: 2402317 WITNESS my hand and official seal.
My Comm. Expires Apr 27, 2026
Signature ba
Place Notary Seal and/or Stamp Above Signature of Notary Public
OPTIONAL
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Title or Type of Document:
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Capacity(ies) Claimed by Signer(s)
Signer's Name: Signer's Name:
• Corporate Officer - Title(s): • Corporate Officer - Title(s):
• Partner - • Limited • General • Partner - • Limited • General • Individual & Attorney in Fact
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88958898R88889988988988888888888888 NEUNG: 08345818:8439180848091815390808030508x5383 ©2019 National Notary Association
RECEIPT (REC-2024-041874)
BILLING CONTACT CITY OF
DEAN PERNICONE LAKE COLSINORE
D.R. HORTON (WESTERN PACIFIC HOUSING)
2280 Wardlow Cir, Suite 100 DREAM EXTREME
Corona,
REFERENCE NUMBER FEE NAME TRANSACTION PAYMENT AMOUNT
TYPE METHOD PAID
ENG-2024-00132 TREFUNDABLE SECURITY DEPOSIT Fee Payment Credit Card $5,000.00 SUB TOTAL $5,000.00
TOTAL $5,000.00
April 11, 2024 Page 1 of 1