Loading...
HomeMy WebLinkAboutMD 5-119 Tract 7405-1RECORDING REQUESTED BY AND FOR THE BENEFIT OF THE CITY OF BAKERSFIELD WHEN RECORDED MAIL TO: CITY CLERKS OFFICE CITY HALL 1600 TRUXTUN AVE. BAKERSFIELD, CA 93301 MD 5-119 No recording fee required: exempt pursuant to Government Code Section 27383 Government agency acquiring title — exempt from Documentary Transfer Tax per R & T Code 11922 GC 27388.1(a)(1): Recorded document is expressly exempted from payment of recording fees (FBO) Govt. agency) RATTTI Laura Avila Assessor —Recorder PgATTTI24 Kern County OWiclal Records 10:20 AM Recorded at the request of Public DOC#: 224111965 Stat Types: 1 Pages: 3 Fees 0.00 Taxes 0.00 Others 0•00 PAID $O.00 THIS SPACE FOR RECORDER'S USE ONLY Existing Legal: Being a division of a portion of Parcel 4 of Parcel Map 11250 as per map filed December 29, 2006 in Book 55 of Parcel Maps at Page 102 and as amended by Certificate of correction recorded May 8, 2008 as Instrument Number 0208073454 O.R., also being a portion of the Southeast Quarter of Section 20, To-Nnsh:p 30 South, Range 28 East Mount Diablo Base and Meridian in the City of Bakersfield, County of Kern, State of California Map or Project Number: Tract 7405 Phase 1 ATN(s): 414-190-32-00-6 COVENANT DISCLOSING INCLUSION IN MAINTENANCE DISTRICT THIS COVENANT is executed on �� Jq 102`f by Summit Capital Ventures, Inc., a California Corporation, in Bakersfield, 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'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 of this district, is $272.75 per equivalent dwelling unit, based on fiscal year 2024-2025 dollars and labor costs of the district. In each subsequent year, annul 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: Summit Capital Ventures, Inc. a California corporation Greg Balfa Corporate O tions Officer City of Bakersfield: c eyer Acting Public Works Director , 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 Kern ) On August 19, 2024 before me, personally appeared Greg Balfanz Lesli Hinojosa, Notary Public (insert name and title of the officer) 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 California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. LESIJHINOJ05A Notary Public • California Kern County t Commission # 2409123 4 0 My Comm. Expires Jul 23, 2026 Signature (Seal) 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: Summit Capital Ventures, Inc., a California Corporation Property description: Tract 7405 Phase 1 / ATN: 414-190-32-00-6 (Address &/or ATN(s)) The individual annual assessments for fiscal year 2024-2025 shall not exceed $272.75 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 O Yes property within the Consolidated Maintenance District and levy an assessment not to exceed O No the amount set forth above? Owner Signature: Title (f representing owner) Date: Greg Balk-01 orporate Operations Officer Summit Capital Ventures, Inc., a California Corporation