RECORDING REQUESTED BY:
City of Merced, A California
charter municipal corporation
WHEN RECORDED MAIL TO:
City of Merced
City Clerk
678 West 18th Street
Merced, California 95340
Exempt Recording Per Gov't
Code Section 6103
(Above for Recorder's Use Only)
DOCUMENT TITLE
SUBDIVISION AGREEMENT WITH CONTINUING COVENANTS
(CFD CONDITION)
A SUBDIVISION AGREEMENT BETWEEN THE CITY OF MERCED
AND STONEFIELD HOME, INC., A CALIFORNIA CORPORATION,
FOR SAGE CREEK, PHASE 2 SUBDIVISION
TO BE RECORDED CONCURRENTLY WITH THE FINAL MAP
FILEDTHIS __ DAYOF ____ 2022,AT ___ .M.
IN BOOK ___ OF OFFICIAL PLATS, AT PAGES __ _
MERCED COUNTY RECORDS
ATTACHMENT 6
SUBDIVISION AGREEMENT
(CFD Condition)
(Bonds as Security)
THIS AGREEMENT, made and entered into ---------'
2022, between the City of Merced, a California Charter Municipal Corporation, hereinafter called "City," and Stonefield Home, Inc., a California Corporation, hereinafter called "Subdivider," relates to the installation of improvements within the Sage Creek, Phase 2 Subdivision, a subdivision of real property within the corporate limits of "City."
RECITALS
A. The Planning Commission of City, on August 19, 2020, adopted Resolution No. 4045 approving the tentative map of the above mentioned subdivision.
B. Subdivider has submitted for approval the final map of said subdivision in full compliance with State Law and City subdivision ordinances. Final Map Application Number 5397 was submitted by the subdivider on ______ . A complete Final Map Application (including all bonds and insurance) was filed with the City on --------' 20_.
C. Section 18.24.100 of the Merced Municipal Code requires certain improvements within said subdivision.
D. Improvement plans for said subdivision have been approved by the City.
E. The "Subdivision Map Act" and Section 18.24.150 of the Merced Municipal Code require certain security to guarantee the installation of said improvements.
F. Inspection fees required in accordance with Section 18.24.11 O of the Merced Municipal Code have been paid.
G. Condition of Approval No. 6 for the tentative subdivision map requires the Subdivider to have annexed into the City's Community Facilities District (CFO) for public safety, maintenance, and other services 1 X:\Agreements\Planning\Subdivision\Subdivision CFO & Bonds as Security-Stonefield Home Sage Creek Ph 2.doc