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HomeMy WebLinkAboutMD 5-03 Tract 6477~- James W. Fitcl~~ssessor-Recorder PATTI Recording quested by Kern County Official Records 1f10/2006 and fpr the benefit of Reeorded at the request of X227 PSI the City of Bakersfield. PubiiC When recorded mail to: p 0 C # • p206pp~gg~ Stet Types: l Pages: 2 Fees tl.00 Taxes 0.00 Others ~.OD City of Bakersfield PAID $0.00 City Clerk's Office 1501 Truxtun Avenue Bakersfield, CA 93301 THIS SPACE FOR RECORDER'S USE ONLY Tr~, o. 6477 Lots 1 „throw, h 83. COVENANT DISCLOSING INCLUSIQN IN MAINTENANCE DISTRICT THIS COVENANT is executed on this ~~ ~ a of ~' ~--~ ° ~ y ~ , 200_, by Hoskin Avenue Bakersfield A artments LLC a California Co oration B :Diversified Real Estate Mana ement Services, LLC, a Nevada Limited Liability Company, (hereinafter, "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=wa y within the district. The appropriate Street and Park Tiers will be assigned when landscape and park improvements have been installed. . 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 buildout of this district, is $146.70 per equivalent dwelling unit, based on fiscal year 2004-2005 dollars and labor costs of the district. In each ,subsequent year, annual assessments may increase by the cost of livin reflected in the Los . g 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 "~da~ of ~.. ~- e~ S~" ~,~ y , 200 _. Owner(s)/Developer(s): Hosking Avenue Bakersfield Apartments, LLC, A California Limited Liability Company -By; Diversified Real Estate Management Services, LLC A Nevada Lim~tia~~-mpany; B~1TSidaging Partner City of Bakersfield Raul M. Rojas, Public Works Director NOTE: All owner(s)Ideveloper(s) signatures must be notarized. S;IPROJECTSIMAINDISTICOVENANT1New CovenantslNewCovenant.St&Pk,doc MD S-o3