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HomeMy WebLinkAboutMD 1-55 Tract 6364-5Recording 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 James W. Fitch Assessor— Recorder PATTI Kern County official Aecords 2/23/2011 Recorded at the request of 2:00 PM Public Doc#: 0211024181 THIS SPACE FOR RECORDER'S USE ONLY Existing Legal: Lot 62 of Tract Map No. 6364 Phase 2 filed in Map Book 57 at Page 30 Map or Project Number: Tract 6364 Phase 5 ATN(s): COVENANT DISCLOSING INCLUSION IN MAINTENANCE DISTRICT Stat Types: 1 Pages: 2 Fees 0.00 Taxes 0.00 Others 0.00 PAID $0.00 THIS COVENANT is executed on ��Y_ ZA . 2011 by Summit Venture Capital, LLC, a California Limited Liability Company, in Bakersfield, California, herein after referred to as ("Owner"), in connection with the Consolidated Maintenance District, located in the City of Bakersfield, CA. 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 the Majority Property Owner(s) as can be seen on the ballot cast and attached as Exhibit W. 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 of this district, is $169.61 per equivalent dwelling unit, based on fiscal year 2010-2011 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 V90V 2— 2011 Symbolic Investment & Operating Company, LLC A Nevada Limited Liability Company Jeff Walls Managing Director City of Bakersfield: Raul M. Rojas, Public Works Director NOTE: All owner(s)/developer(s) signatures must be notarized. STATE OF CALIFORNIA COUNTY OF Kern On January 24, 2011 before me, Lesli Helms }ss. } a notary public, personally appeared Jeff Walls , who proved to me on the basis of satisfactory evidence to be the personal whose name4f4 is/aj:e subscribed to the within instrument and acknowledged to me that he/s4e4I4&y executed the same in his/hFA4:+eir authorized capacity4es), and that by his/herk4eir signature(-Q on the instrument the personal or the entity upon behalf of which the personw 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. WITNESS my hand and official seal. H LESLI HELMS U1 COMM. #1896342 • NOTARY PUBLIC -CALIFORNIA is KERN COUNTY UUUU1111 My Comm. Exp Jul. 23, 2014 N (seal)