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Home My WebLink AboutMD 2-07 PMW 17-0426Recording requested by and for the benefit of the City of Bakersfield. When recorded mail to: City of Bakersfield City Clerk's Office 1600 Truxtun Avenue Bakersfield, CA 93301 MD 2-01 Kern Coanty'OitficiAssessor— l Recorrdos —Recorder Reoorded d the requed of Public DOC#: 218030398 TOONET 3/15/2018 10:23 AM Stat Types: 1 Pages: 3 Fees 0.00 Taxes 0.00 Others 0.00 PAID $0.00 THIS SPACE FOR RECORDER'S USE ONLY Existing Legal: Parcel 1 of PMW No. 19-91 per Certificate of Compliance recorded August 19, 1991 in Book 6558, Page 2342, O.R., also being a portion of the East Half of Section 6, T.30S., R.27E., M.D.M. Map or Project Number: PMW 17-0426 MD 2-07 ATN(s): 390-300-01-00-4 COVENANT DISCLOSING INCLUSION IN MAINTENANCE DISTRICT THIS COVENANT is executed on March 1, 2018 by LSREF2 TRACTOR REO (BAKERSFIELD), LLC, a Delaware limited liability company, in Bakersfield, herein after referred as "Owner", in connection with the Consolidated Maintenance District, located in the City of Bakersfield, California. The real property herein described is located within the Consolidated Maintenance District and may be assessed on an ongoing, yearly basis for maintenance of a public park and landscaping on public rights-of-way within the district. The appropriate Street and Park Tiers will be assigned by the Parks and Recreation Department. Assessment is imposed in accordance with California Proposition 218 with the Consent of Majority Property Owner(s) as can be seen on the ballot cast and attached as Exhibit "A". Although this property may have been assessed a lesser amount in the present tax year, the ultimate estimated annual assessment for maintenance of a public park and public landscaping based on full build out ofthis district, is $209.94 per equivalent dwelling unit, based on fiscal year 2017-2018 dollars and labor costs of the district. In each subsequent year, annual assessments may increase by the cost of living reflected in the Los Angeles - Riverside - Orange County / All Urban Consumers Consumer Price Index (see Bakersfield City Council Resolution No. 019-05). This covenant may not be amended or modified without the prior approval of the City of Bakersfield. This covenant shall run with the land. Dated this 1st day of March , 2018. LSREF2 TRACTOR REO (BAKERSFIELD), LLC, a Delaware limited liability company City of Bakersfield r 4Q Y -. Name: Summer TQ6 Nick Fidler, Public Works171—rector Title: Vice President NOTE: All owner(s)/developer(s) signatures must be notarized. Exhibit "A" to the Covenant Disclosing Inclusion in a Maintenance District. PROPOSITION 218 BALLOT CITY OF BAKERSFIELD CONSOLIDATED MAINTENANCE DISTRICT This assessment ballot is for the use of the property owner of the parcel(s) identified below, which are proposed to be included in the City of Bakersfield Consolidated Maintenance District (CMD). This assessment ballot may be used to express either support for or opposition to inclusion within the CMD. To be counted, this assessment ballot must be signed below by the owner or, if the owner is not an individual, by an authorized representative of the owner. [TO CAST THIS BALLOT, PLEASE RETURN THIS ENTIRE PAGE] OFFICIAL ASSESSMENT BALLOT Property Owner: LSREF2 TRACTOR REO (BAKERSFIELD), LLC, a Delaware limited liability company Property description: Parcel 1 of PMW No. 19-91pgr Certificate of Compliance recorded August 19, 1991 in Book 6558, Page 2342, O.R., also being a portion of the East Half of Section 6. T.30S., R.27E., M.D.M./ 390-300-01 {Address; clsb 6k .: A7'1V W The individual annual assessments for fiscal year 2017-2018 shall not exceed2$ 09.94 per equivalent dwelling unit plus any costs incurred by the City from the County Assessor's office for adding parcels to the Tax Roll. NOTE: In each subsequent year, annual assessments may increase by the cost of living reflected in the Los Angeles—Riverside—Orange County/All Urban Consumers Consumer Price Index. ASSESSMENT BALLOT MEASURE Shall the City Council of the City of Bakersfield include the above described ✓ Yes property within the Consolidated Maintenance District and levy an assessment not to exceed O No the amount set forth above? LSREF2 TRACTOR REO (BAKERSFIELD), LLC, a Delaware limited liability company Owner Signature: ��`t'`-'►""� Title gfrepresenting owner): Summer Trejo, Vice President Date: March 1, 2018 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 TEXAS } County of DALLAS On March 1, 2018 , before me, Tanya Dahlen Date (Here insert name and title of the officer) Notary Public, personally appeared Summer Trejo, Vice President of LSREF2 Tractor REO (Bakersfield), LLC 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 TEXAS that the foregoing paragraph is true and correct. TANYA DAHLEN Notary ID #129511802 WITNESS my hand and official seal. My Commission Expires August 2, 2021 (Seal) Si atnr Notary Public OPTIONAL Description of Attached Document Title or Type of Document: Number of Pages: Document Date: Other: