City Council Chambers
29844 Haun Road
Menifee, CA 92586
Lesa Sobek, District 3
Dean Deines, District 4
AGENDA
Finance Committee
Regular Meeting Agenda
Tuesday, February 13,
2024
2:00 PM Regular Meeting
Travis Hickey, Chief
Financial Officer
Sarah Manwaring, City
Clerk
REGULAR MEETING (2:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. PRESENTATIONS NONE
4. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Committee Members about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Committee’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
5. APPROVAL OF MINUTES
6. DISCUSSION ITEMS
6.1 Proposed amendment to the Development Agreement with Pulte Home Company LLC. for the Cimarron Ridge development (Cimarron Ridge Specific Plan) RECOMMENDED ACTION
1. Review the proposed Amendment No. 2 for the existing Development Agreement between the City of Menifee and Pulte Home Company LLC. dated June 7, 2017, for the Cimarron Ridge development and recommend submittal to the City Council for approval.
7. STAFF COMMENTS
8. COMMITTEE MEMBER UPDATES AND COMMENTS
9. FUTURE AGENDA ITEMS
10. ADJOURNMENT
Decorum Policy Notes
The Committee anticipates and encourages public participation at its meetings, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the Committee after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee Finance Committee
February 13, 2024
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Lesa Sobek, District 3
Dean Deines, District 4
AGENDA
Finance Committee
Regular Meeting Agenda
Tuesday, February 13,
2024
2:00 PM Regular Meeting
Travis Hickey, Chief
Financial Officer
Sarah Manwaring, City
Clerk
REGULAR MEETING (2:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. PRESENTATIONS NONE
4. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Committee Members about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Committee’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
5. APPROVAL OF MINUTES
6. DISCUSSION ITEMS
6.1 Proposed amendment to the Development Agreement with Pulte Home Company LLC. for the Cimarron Ridge development (Cimarron Ridge Specific Plan) RECOMMENDED ACTION
1. Review the proposed Amendment No. 2 for the existing Development Agreement between the City of Menifee and Pulte Home Company LLC. dated June 7, 2017, for the Cimarron Ridge development and recommend submittal to the City Council for approval.
7. STAFF COMMENTS
8. COMMITTEE MEMBER UPDATES AND COMMENTS
9. FUTURE AGENDA ITEMS
10. ADJOURNMENT
Decorum Policy Notes
The Committee anticipates and encourages public participation at its meetings, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the Committee after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee Finance Committee
February 13, 2024
CITY OF MENIFEE
SUBJECT: Proposed amendment to the Development Agreement with Pulte Home Company LLC. for the Cimarron Ridge
development (Cimarron Ridge Specific Plan)
MEETING DATE: February 13, 2024
TO: Finance Committee
PREPARED BY: Margarita Cornejo, Deputy Finance Director REVIEWED BY: Travis Hickey, Chief Financial Officer
APPROVED BY: Rebekah Kramer, Acting City Manager
-------------------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
1. Review the proposed Amendment No. 2 for the existing Development Agreement between the City of Menifee and Pulte Home Company LLC. dated June 7, 2017, for the Cimarron Ridge development and recommend submittal to the City Council for approval.
DISCUSSION
The City of Menifee and Cimarron Ridge, LLC entered into a Development Agreement for the Cimarron Ridge project on June 7, 2017. Pulte Home Company LLC, subsequently is the successor-in-interest to the rights and obligations of Cimarron Ridge, LLC. related to the Development Agreement. Most recently, in May of 2023, a Minor Amendment to the Development Agreement was executed to adjust the timing of completion of specific travel way improvements.
On October 12, 2022, Pulte Home submitted applications for a Specific Plan Amendment and modifications to the approved Tentative Tract Maps (TTM) to allow for the following:
•Planning Areas 5 and 6 to be developed as a private, gated, age-restricted active adult communities with private recreation amenities.
•Relocation of the public community park from Planning Area 5 to Planning Area 4 As a result of the proposed Specific Plan Amendment and TTM revisions, an amendment to the Development Agreement was necessary to update provisions related to the community park. The approved Development Agreement included significant details regarding the community park as previously proposed in Planning Area 5. The DA amendment includes revisions to be consistent with the park relocation to Planning Area 4. There are no proposed changes to any material terms or public benefits previously negotiated in the approved Development Agreement.
Item: 6.1
Item Page Number: 1
Menifee Finance Committee February 13, 2024 Page 3 of 85
City of Menifee Staff Report
Proposed amendment to the Development Agreement with Pulte Homes for the Cimarron Ridge development
February 13, 2024
2 0
5 6
Upon review and recommendation by the Finance Committee, the proposed Amendment No. 2 will be presented for City Council consideration.
FISCAL IMPACT
There is no fiscal impact associated with the recommended action.
ATTACHMENTS
1. Proposed Amendment No. 2 to Development Agreement
2. Executed Amendment No. 1 to Development Agreement
3. Executed Development Agreement
Item: 6.1
Item Page Number: 2
Menifee Finance Committee February 13, 2024 Page 4 of 85
1 RECORDING REQUESTED BY AND
WHEN RECORDED MAIL TO:
City of Menifee
29714 Haun Road
Menifee, California 92586
Attn: City Clerk
Exempt from Fees Per Gov. Code § 6103
_____________________________________________________________________________ Space above this line for Recorder’s Use Only
AMENDMENT NO. 2 TO THE DEVELOPMENT AGREEMENT
BY AND BETWEEN
CITY OF MENIFEE
AND
CIMARRON RIDGE, LLC
REGARDING THE CIMARRON RIDGE SPECIFIC PLAN PROJECT
This Amendment No. 2 to the Development Agreement by and between City of Menifee and Cimarron Ridge, LLC (the “Second Amendment”) is entered into as of the _____ day of _____, 2024 (“Effective Date”) by and between the CITY OF MENIFEE, a California municipal corporation (“City”), and PULTE HOME COMPANY, LLC, a Michigan limited liability company, who is the successor-in-interest to Cimarron Ridge, LLC (“Developer”), and is made with reference to the following facts and objectives:
R E C I T A L S
A. On or about June 7, 2017, the City and Cimarron Ridge, LLC entered into that certain Development Agreement By and Between City of Menifee and Cimarron Ridge, LLC Regarding the Cimarron Ridge Specific Plan Project (“Original DA”).
B. On or about May 11, 2023, the City and Cimarron Ridge, LLC entered into that certain “Minor Amendment to the Development Agreement By and Between City of Menifee and Cimarron Ridge, LLC Regarding the Cimarron Ridge Specific Plan Project” (“First Amendment”) to adjust the timing for completion of travel way improvements to Goetz Road from Thorton to White Quartz, and to White Quartz from Thorton to Goetz Road; C. On or about July 16, 2021, Developer became the successor in interest to the rights and obligations of Cimarron Ridge, LLC under the Original DA, as revised by the First Amendment. The Parties contemplate that an assignment and assumption agreement in the form Item: 6.1
Item Page Number: 3
Menifee Finance Committee February 13, 2024 Page 5 of 85
2 attached as Exhibit C to the Original DA will be reviewed and acted upon concurrent with the City’s review and action on this Second Amendment..
D. Developer has submitted a Specific Plan Amendment application to revise the Project Approvals (as that term is defined in the Original DA) to develop Planning Areas 5 and 6 (as defined in the Cimarron Ridge Specific Plan No. 2013-247) as a private and gated age- restricted, active adult community with certain private recreational amenities, and to relocate the public neighborhood park from Planning Area 5 to Planning Area 4 (each as defined in the Cimarron Ridge Specific Plan No. 2013-247), and to revise the phasing plan for the timing and sequencing of developing the remaining Planning Areas as defined in the Cimarron Ridge Specific Plan No. 2013-247 so that they can proceed concurrently (collectively, the “Specific Plan Amendment”); and in connection therewith, the parties desire to amend the Original DA (as already amended by the First Amendment) to remain consistent with the Specific Plan Amendment;
In consideration of the foregoing and pursuant to Section 6.1 of the Development Agreement, the Development Agreement is hereby further amended as follows:
AGREEMENT
1.Use of Capitalized Terms. Unless otherwise defined herein, capitalized terms used in this Second Amendment shall have the meaning assigned to such terms in the Original DA.
2.“Agreement” References. Unless the context requires otherwise, references to the “Agreement” or the “Development Agreement” in this Second Amendment shall mean and refer to the Original DA as amended by the First Amendment and this Second Amendment.
3.Revisions to Project Description. The “Project Approvals” and “Project” as defined in Recital D of the Development Agreement are amended to incorporate the following modifications: (i) the approximately 10 acre public neighborhood park and 99 parking spaces previously approved in Planning Area 5 are being revised to approximately 10.19 acres and 101 parking spaces, and are being relocated to Planning Area 4 in place of the previously approved 0.7 acre pocket park; (ii) Planning Areas 5 and 6 are being redesigned as a private and gated age- restricted, active adult community; and (iii) a private recreational center on approximately 1.22 acres and private pickle ball facility on approximately 1.19 acres, along with 17 additional parking spots, are being added to Planning Area 5.
4.Revisions to Definitions.
a. The definition of “Planning Area” shall be added as a new defined term between the definitions of “Permitted Uses” and “Planning Commission” in the Original DA, as follows:
Item: 6.1
Item Page Number: 4
Menifee Finance Committee February 13, 2024 Page 6 of 85
3 "Planning Area" shall mean and refer to the planning areas, as defined in the Cimarron Ridge Specific Plan (No. 2013-247), as it may be amended from time to time in accordance with Applicable Laws and the Development Agreement. b. The definition of “Sports Field” and “Sports Field Uses” at Page 7 of the Development Agreement shall be amended in its entirety as follows:
"Sports Park" shall mean that minimum 10.19-acre multipurpose park within Planning Area 4 of the Specific Plan improved with two baseball fields, one soccer field, stadium lighting, bathrooms, walking trails, playground, and related amenities; the athletic fields at the Sports Park shall use irrigated grass playing fields and/or artificial turf fields of a size and quality appropriate to meet the standards promulgated by the California State Soccer Association - South (Cal South), or equivalent standards for youth soccer for general practice and local games (not including tournaments), as well as flag football and similar youth sports field uses. The term "Sports Park" shall not include any permanent structures, other than baseball field fencing and stands, restroom and concession facilities, Light Infrastructure, a picnic pavilion, benches and tot lots, and such other facilities as are depicted in Specific Plan section 3.1.
5.Revisions to Section 4.15. Section 4.15 of the Development Agreement is amended to read in its entirety as follows:
4.15 Developer Park Improvement Credits. This Section 4.15 shall set forth the full and complete satisfaction of the Developer’s obligation to the City related to provision of neighborhood and/or community parks pursuant to the Municipal Code, Government Code section 66477 (the “Quimby Act”) and this Agreement, and no further park dedications, in-lieu fees or other facility requirements of any type related to local park obligations (“Public Park Obligation”) shall apply to the Project. Developer is obligated, based on the City’s formula for local park dedication, to provide 10.77 acres of unimproved neighborhood parks. Developer will be providing 10.19 acres of dedicated land for the Sports Park. The specific details and formula for Developer’s park code obligation, and proposed park dedications/estimated improvement costs are as follows:
Park Land Dedication and In Lieu Payment Obligations
•Developers Quimby Act/City Code Obligation = 10.77 acres (756 DUs (or final maximum lot count per the approved Specific Plan) x 2.85 persons per DU = 2,154.6 persons; @ 5 acres/1000 persons= 10.77 acres). •Specific Plan Proposed Park (Sports Park) Total = 10.19 acres (City owned and maintained community park in Planning Area 4)
•Quimby in lieu payment due to City for 0.58 acres of parkland (10.77 acre requirement less 10.19 acre dedication), which shall be calculated based Item: 6.1
Item Page Number: 5
Menifee Finance Committee February 13, 2024 Page 7 of 85
4 upon the per acre fair market value of the improved value of the subdivision (per Municipal Code Section 7.75.070), and which shall be paid prior to recordation of the final map for Planning Area 4.
Park Improvement Obligation and Park DIF Credits
•Current Estimated Park Improvement Costs: 10.19-acre fully improved, dedicated multi-purpose community park with Sports Park in Planning Area 4 = $5,509,6721
•The above calculated improvement costs are estimates only and shall not be used as any basis for limitations of park improvements. •Based on the above formula and obligation, Developer shall be entitled to credits from the parks component of the City-wide Impact Fee (“Park DIF”) for the final verified costs of the Sports Park.
•Developer shall pay the applicable per unit in Park DIF at each certificate of occupancy until City approval of the final verified costs of the Sports Park, at which time the Park DIF paid by Developer pursuant to this provision shall be refunded to Developer, but only to the extent of available credits as provided hereunder. In no event shall Developer be entitled to fee credits in excess of the amounts actually paid to the City pursuant to this provision.
4.Revisions to Section 4.15.1(b). Section 4.15.1(b) of the Development Agreement is amended to read in its entirety as follows:
(b) Construction of Sports Park. Prior to issuance of building permits for the first residential unit in Planning Areas 4, 5, 6 or 7, Developer shall submit park improvement plans for the Sports Park, consistent with the conceptual Sports Park plans approved by the City Council on or about _________, 2024. Within 60 days following final City approval of all required plans and permits for the Sports Park, Developer shall commence construction of the Sports Park and shall thereafter diligently pursue completion thereof, with substantial completion and opening of for public use occurring no later than the earlier of (i) twelve months following commencement of construction and (ii) issuance of the four hundred eighty-fifth (485th) building permit within the Project overall. As a condition precedent to this Second Amendment taking effect, Developer shall provide City with a completion bond in a form acceptable to the City and in the full amount of the estimated cost of constructing the Sports Park, as well as a construction schedule for the Sports Park, The bond shall be callable if, among other reasons, Developer fails to meet the construction schedule deadlines; provided, however, that (i) the parties shall reasonably and in good faith consider modifications to the construction schedule where required due to factors beyond Developer’s reasonable control; and (ii) the 1 Estimated construction costs; credit to be based on final, verified improvement costs.
Item: 6.1
Item Page Number: 6
Menifee Finance Committee February 13, 2024 Page 8 of 85
5 Sports Park shall in no event be completed later than the issuance of the four hundred eighty-fifth (485 th) building permit within the Project overall. Upon completion of the Sports Park in substantial conformance with the approved park improvement plans, City shall promptly accept the Sports Park and release the security described herein.
5.Revisions to Section 4.15.1(c). Section 4.15.1(c) of the Development Agreement is amended to read in its entirety as follows:
(c) City Timely Review. The City shall, within its reasonable discretion and subject to the requirements of this Agreement, approve, conditionally approve, or reject the park improvement plans described in Section 4.15.1(b) in a timely manner, taking into account competing demands on staff capacity. The City shall not unreasonably withhold or delay its review of such park improvement plans.
6.Revisions to Section 4.15.1(d). Section 4.15.1(d) of the Development Agreement is amended to read in its entirety as follows:
(d) CFD for Park Maintenance. Developer agrees to and hereby requests that the City create or annex the Property into a valid and enforceable land-based financing mechanism (“Financing Mechanism”) that will provide for the long- term operations and maintenance funding for the Sports Park. The Financing Mechanism is anticipated to be the citywide community facilities district, which the Project shall annex into, consistent with Developer’s agreement and request (as provided in the first sentence of this paragraph), prior to recordation of each Final Map. The Developer shall establish a Homeowners Association, with conditions, covenants, and restrictions reasonably approved by the City, which shall be responsible for maintaining and operating the private recreation center, pickle ball facility, and all other private recreational amenities constructed within Planning Areas 5 and 6. Developer shall also establish a Homeowners Association, with conditions, covenants, and restrictions reasonably approved by the City, which shall be responsible for maintaining and operating the park in Planning Area 1B.
Prior to issuance of the first building permit following execution of this Second Amendment, Developer shall post an appropriate bond, in a form approved by the City Attorney, for completion of the required park improvements.
7.Cooperation; Further Acts. Each party agrees to provide reasonable assistance to the other and cooperate to carry out the intent and fulfill the provisions of this Second Amendment. Each of the parties shall promptly execute and deliver all documents and perform all acts as necessary to carry out the matters contemplated by this Second Amendment.
8.Integration; Interpretation; Recordation. The Original DA, the First Amendment, and this Second Amendment reflects the complete understanding of the parties with respect to the subject matter thereof. To the extent this Second Amendment conflicts with the Original DA, or any prior interpretation thereof, this Second Amendment supersedes the Original DA and any prior interpretations thereof. In all other respects, the parties hereto re-affirm and ratify all other provisions of the Original DA and the First Amendment. This Second Amendment shall be duly recorded following its full execution.
Item: 6.1
Item Page Number: 7
Menifee Finance Committee February 13, 2024 Page 9 of 85
6 9.Counterparts. This Second Amendment may be executed in counterparts, each of which shall be deemed an original, and all such counterparts, when taken together, shall constitute one agreement.
10.Authority. The person or persons executing this Second Amendment on behalf of the City and Developer warrant and represent that they have the authority to execute this Second Amendment and the authority to bind the City and Developer, as applicable, to the performance of their respective obligations hereunder.
Item: 6.1
Item Page Number: 8
Menifee Finance Committee February 13, 2024 Page 10 of 85
7 IN WITNESS WHEREOF, the City and the Developer have signed this Second Amendment, by and through the signatures of their authorized representatives as of the day and year first hereinabove written.
CITY OF MENIFEE,
a California municipal corporation
By:____________________________
Mayor
ATTEST:
City Clerk
APPROVED AS TO FORM:
Jeffrey Melching, Esq.
Rutan & Tucker, LLP,
City Attorney
PULTE HOME COMPANY, LLC,
a Michigan Limited Liability Company
By:_______________________________________
Item: 6.1
Item Page Number: 9
Menifee Finance Committee February 13, 2024 Page 11 of 85
WHON R"ECORDED MAIL TO:
ra,!: clw oF MENIFEE
298MH N ROAD
MENIFEE cA 92586
(TX'CUME}'I WLL ONLY DE I!II,.RI{ED TO NAME & ADDi!5S IDENTITIED (SPACE ABOVE FOR RECORDER'S USE)Reclded tor the benefft of the City ol Menifee and exempt fom recording fees
DuBUanl to Govemmenl Seclion 27383
(DOCUMENTTITLE)
MINOR DEVELOPMENT AGREEMENT AMENDMENT
by and between
CITY OF MENIFEE
and
CIMARRON RIDGE, LLC
REGARDING THE CIMARRON RIDGE SPECIFIC PLAN PROJECT
Effective Date:
' May 11,2023
SIiPARATE PAGE, PURSUANT TO CA, GOV'T, CODE 2736I,6
RECORDING RSOUESTED BY
**". COMMUNIry DEVELOPMENT DEPT.
DOC # 2023-0135885
0511212023 08.00 AlVl Fees: $0.00
Page '1 of I
Recorded in Off c al Records
County of Riverside
Peter A dana
Assessor-County Clerk-Recorder
"This document was eleclronrcally submitted
to lhe County of Riverside for recordinq"
Receipled by CRISTINA #7700
Item: 6.1
Item Page Number: 10
Menifee Finance Committee February 13, 2024 Page 12 of 85
DOC #2023-0135885 Page 2 of 8
MENIFEE
Nevv. Better. Best.
29444 Hnun Fld. Mcnllco CA. 92546
(9511 672-677-1 I Fdx (9s1) 679-3843
cityorrtlenifee.us
DATE: May 11,2023
Stephanie Roseen, Acling City Clerk
Cheryl Kitzerow, Community Development Director
Desiree McGriff, Associate Planner
Mlnor Amendment to th6 Development Agreement (2014-002) for Road lmprovement - Cimarron Ridge TR 36658
D*crlotlon of Road lmotovement Aoreement-
The Minor Agreement is to amend the Development Agreement (2014-002) TR36658 (Cimanon Ridge) and is attachod for the City Manager, City Clerk, and City Attomey's signatures, and is required to be recorded electronically to the Riverside County Assessor Clerk Recorde/s offlce.
The Agreement stipulates lhal the developer seeks transfer of timing for completion of travel way improvements of Goetz Road, from Thomton Avenue to White Quartz. Please see the attached Minor Amendment Agreement signed by Cimanon Ridge, LLC.
Please return a PDF copy of the Fully Executod Agreomcnts to D8iree Mccrlff at dmcqriff@citvof menifee.us.
Thank you,
Desiree McGriff, Associate Planner
Enc:
Minor Amendment Agreement
Pulte Memorandum
Copy of Exhibit A
FROM:
RE
TO:
CG:
Item: 6.1
Item Page Number: 11
Menifee Finance Committee February 13, 2024 Page 13 of 85
THIS MINOR AMENDMENT TO THE DEVELOPMENT AGREEMENT BY AND BETWEEN CITY OF MENIFEE AND CIMARRON RIDCE. LLC RECARDING THE CIMARRON RIDGE SPECIFIC PLAN PROJECT ("Minor Amendment") is made and effective as of S./tt./ 23 ("Effective Date") by the City of Menifee, a municipal corporation of the State of Califomia ("City") and Cimarron Ridge, LLC, a Califomia limited liability company ("Developer"). City and Developer are collectively referred to herein as the "Parties" and individually as a "Party."
RECITALS
A. City and Developer entered into a Development Agreement By And Between City Of Menifee and Cimarron Ridge, LLC Regarding the Cimarron Ridge Specific Plan Project on June 7, 201 7, ("Agreement").
B. On February 26,2023, Developer submitted a letter ("Request"). Attached as Exhibit A herein, to the City to formally request a change to the plan schedule in the Agreement. The Request includes a map adjusting the timing ofthe development ofthe above-mentioned roads.
C. Section 6.2.3. Administrative Adjustments of the Agreement authorizes the City Manager to, in his discretion. enter into Administrative Adjustments, including Minor Amendments.
Minor Amendments include "variations to the location of structures that do not substantially alter the design concepts of the Specific Plan," "variations in the location of utilities or other infrastructure connections or facilities not materially affecting design concepts," or "similar modifi cations."
NOW THEREFORE, in consideration of the mutual covenants and promises contained herein and other valuable consideration, the Parties hereby agree as follows:
Section l. Developer seeks to transfer the timing for completion of travel way improvements of Coetz Road from Thomton to White Quartz. In lieu of improving this segment of Goetz Road with the Tract 36658-2. White Quartz would be completed from Thomton to Coetz Road as an alternative north/south connection. Developer indicates that this would allow for the safe transition of public improvements to be completed. The map shown in Exhibit A and the schedule of building are incorporated herein.
Section 2. The City Manager is authorized to approve this Minor Amendment and does so in accordance with Section 6.2.3 ofthe Agreement.
CITY OF MENIFEE AND CIMARRON RIDCE. LLC MINOR
AMENDMENT TO CIMARRON RIDCE DEVELOPMENT
AGREEMENT ENTERED INTO JUNE 7,2017. TO CHANGE
PLAN SCHEDULE FOR CERTAIN STREET SEGMENT
IMPROVEMENTS
Item: 6.1
Item Page Number: 12
Menifee Finance Committee February 13, 2024 Page 14 of 85
*City"
City of Menifee. a municipal corporation
City Manager
ATTEST
City Clerk
APPROVED AS TO FORM
RI]]'AN & TIJCKER, LLP
"Developer"
Cimarron Ridge, LLC. a California limited
I iab ili mpan.v
Ilv
Its:
By:
Its:
DARREN WARREN----------VTEEI'6sft,6m8ftf-
Acquisitions & Devolopmont
City Attorney
Section 3. No other provisions, sections, or terms of the Agreement are altered, amended, or changed other than that described above involving the timing complete of travel way improvements of Coetz Road from Thornton to White Quartz/Valley.
Section 4. The individuals executing this Minor Amendment represent and warrant that they have the right, power, legal capacity. and authority to enter into and execute this Minor Amendment on behalf ofthe respective legal entity of Developer and the City.
Section 5. This Minor Amendment may be executed in one or more counterparts, each of which shall be deemed an original. but all of which together shall constitute the same instrument.
IN WITNESS WHEREOF, City and Developer have executed this Agreement as of the date first written above.
Item: 6.1
Item Page Number: 13
Menifee Finance Committee February 13, 2024 Page 15 of 85
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
County of ORANGE
on MAY 10,2023 before me. TAYLOR COLLEEN BLOCK, NOTARY PUBLIC (insert name and title of the office0
personally appeared DARREN WARREN
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(€) islar€ subscribed to the within instrument and acknowledged to me that helshelthey executed the same in hisA€#the+r authorized capacity(ies), and that by his/h€#thei+ signature(sfon the instrument the person{€), or the entity upon behalf of which the persone 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.
1 ldR\ T^yLoR cotLtEx OCr
w;rtilii:i*til*
,
Signature (Seal)
\
WITNESS my hand and official seal.
Item: 6.1
Item Page Number: 14
Menifee Finance Committee February 13, 2024 Page 16 of 85
Item: 6.1
Item Page Number: 15
Menifee Finance Committee February 13, 2024 Page 17 of 85
Section 3. No other provisions, sections. or terms of the Agreement are altered. amended. or changed other than that described above involving the timing complete of travel way improvements of Goetz Road from Thomton to White Quart/Valley.
Section 4. The individuals executing this MinorAmendment represent and warrant that they have the right, power, legal capacity. and authority to enter into and execute this Minor Amendment on behalfofthe respective legal entity of Developer and the City.
Section 5. This Minor Amendment may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute the same instrument.
IN WITNESS WHEREOF, City and Developer have executed this Agreement as of the date first written above.
"Cify"
City of Menifee, a municipal corporation
City Manager
ATTEST
City Cl
APPROVED AS TO FORM
RtITAN &'l'LlCKt1R. LLP
"Developer"
Cimarron Ridge, LLC, a California limited
liability company
By:
Its:
By:
lts:
&eY* P
P Ld--.o vrd lrY Levetqu*'*:;f'
A /|,,t.'L
C it) Attornev
Item: 6.1
Item Page Number: 16
Menifee Finance Committee February 13, 2024 Page 18 of 85
Gulte
City of Menifee
29844 Haun Rd
Menifee, CA
Attention: Cheryl Kitzerow
Re: Cimmaron Ridge Minor Mod/amendment
2126/23
Please Iind this letter as the formal request to memorialize the ctrange to the cimmaronRidge Improvement plan schedure, pei th" sp"cifi" ptun-u,,a tne aei"lop-"ni - -----" agreement.
This change is to transfer the timing compretion of traver way impmvements of Goetz .ll,TlT-:"n to White euartz/Valley. The transfer ttrenlacknowtedg"s tt " o"*umrng ro complete the ravel way improvements from Thomton and thei up White Quartz to the new Valley/Goetz Rd.
This allows for the safe transition of public improvements to be completed.
Please see the attached colored improvement schedule of improvements.
Also please no& that the invoice attached herein is also paid.
Thank or vour help
'7?^,!
J Ford
Pulte Home Co. LLC
27401 Los Altos, Suite 400 , Mission Viejo, CA 92691
Item: 6.1
Item Page Number: 17
Menifee Finance Committee February 13, 2024 Page 19 of 85
TRACT 36658
CIMARRON RIDGE
IMPLEMENTING FACILITIES EXHIBITA
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Item: 6.1
Item Page Number: 18
Menifee Finance Committee February 13, 2024 Page 20 of 85
Item: 6.1
Item Page Number: 19
Menifee Finance Committee February 13, 2024 Page 21 of 85
Item: 6.1
Item Page Number: 20
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