HomeMy WebLinkAboutContracts & Agreements_89-96_CCv0001.pdf FEE AGREEMENT
This Agreement is made and entered into this 3rd day of September. 1996 by and
between the City of Redlands, a municipal corporation, ("City"), and Francisco Jara, an individual,
("Applicant").
RECITALS
Whereas,Applicant desires to file and process with the City, applications for a conditional
use permit and variances in connection with the operation of a business commonly known as
Pancho's Mexican Grill located at 1124 North Orange Street in Redlands, California; and
Whereas,the City's current fee for the processing of Applicant's conditional use permit and
variance applications totals to the sum of six thousand seventeen dollars and fifty one-hundredths
dollars ($6,017.50); and
Whereas, for purposes of stimulating economic growth within the City and particularly in
and around the north Orange Street community, it is in Applicant's and City's best interests to
process the conditional use permit and variance applications in a timely manner; and
Whereas, Applicant has paid to City the sum of one thousand dollars ($1,000.00) towards
the total fees required for the processing of Applicant's conditional use permit and variance
applications; and
Whereas,Applicant has requested City consider deferral of Applicant's payment of certain
processing fees associated with the conditional use permit and variances in accordance with the
terms and conditions of this Agreement;
Now,therefore,in consideration of the mutual covenants contained herein,and for such other
good and valuable consideration,the receipt of which is hereby acknowledged,the City of Redlands
and Francisco Jara agree as follows:
AGREEMENT
1. Deferral of Fees. City shall defer Applicant's full payment of fees associated with
Applicant's conditional use permit and variance applications in the sum of five thousand dollars
($5,000.00) during the period of time from the date of this Agreement until March 1, 1997.
2. Deferral Payments. Applicant shall make six (6) monthly payments to City in the
amounts of$850.43 commencing October 1, 1996 and ending March 1, 1997. Applicant shall pay
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the required monthly payment of principal and interest within ten(10)calendar days of the date due
to avoid incurring penalties.
3. Cash PUment. Concurrent with Applicant's execution of this Agreement,Applicant
shall pay the sum of seventeen and fifty-one hundreths dollars ($17.50) to City.
4. Penalties. Applicant's failure to make payment within ten(10)days of the due dates
specified herein shall subject Applicant to an immediate late fee penalty of twenty-five percent
(25%) of the current amount owed with an additional penalty of five percent (5) of the current
amount owed for each day payment is not received beyond the eleventh day. Failure to make
payment within thirty (30) days of the current month due date shall subject Applicant to all
penalties, and the remaining principal and accrued interest shall immediately become due and
payable.
5. Attorney's Fees. In the event any action is commenced to enforce or interpret the
terms or conditions of this Agreement, the prevailing party shall, in addition to any cost and other
relief, be entitled to the recovery of its reasonable attorney's fees.
6. Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of California.
7. Entire Agreement. This Agreement represents the entire agreement of the parties
hereto as to the matters contained herein. This Agreement may be amended only by written
agreement executed by the parties hereto.
8. Condition of Use Permit. Applicant acknowledges and agrees that the terms and
conditions of this Agreement shall become a condition of issuance of issuance of Applicant's
conditional use permit, if approved by City, and City shall have all remedies available to it,
including,but not limited to, revocation of the conditional use permit if Applicant fails to comply
with any of the provisions of this Agreement.
CITY OF REDLANDS
Swen Larson, Mayor Francisco J 71
ATTEST
Lom hoyzer, Ci", Wrk
Jp
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ALL PURPOSE ACKNOWLEDGMENT
State of California
County of San Bernardino ) SS
City of Redlands
By the authority granted under Chapter 4, Article 3, Section 1181, of the California
Civil Code, and Chapter 2, Division 3, Section 40814, of the California Government Code, on
October 2, 1996 —, before me, Lorrie Poyzer, City Clerk of the City of
Redlands, California, personally appeared Francisco Jara
f xj personally known to me -- OR -- I I proved to me on the basis of satisfactory evidence
to be the person(s) whose names) 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 entity upon behalf of which the
person(s) acted, executed the instrument.
WITNESS my hand and official seal.
(SEAL)
Lorne oyzer, City k
Cit,V'of Redlands, California
(Area Code 909) 798-7531
CAPACITY CLAIMED BY SIGNER(S)
{x-j Individual(s) signing for oneself/themselves
Corporate Officer(s)
Title(s)
Company
Partner(s)
Partnership
Attorney-In-Fact
Principal(s)
Trustee(s)
Trust
Other
Title(s)
Entity(ies) Represented
This certificate Title or type of dOCL1111ellt Fee Agreement
must be attached Number of Pages two
to the document Date of Document September 3 , 1996
described at right: Signer(s) other than named above none
NCHaS MEXICAN GRILL
Compound Period ........ : Monthly
Nominal Annual Rate ....: 7.000 %
Effective Annual Rate ... : 7.229 %
Periodic Rate ..................: 0.5833 %
Daily Rate ........................: 0.01918 %
CASH FLOW DATA
Event Start Date Amount Number Period End Date
1 Loan 0910111995 5,000.00 1
2 Payment 10/0111995 850.43 6 Monthly 03/01/1997
AMORTIZATION SCHEDULE - Normal Amortization
Date Payment Interest Frincipal E3alncce
Loan 09/01/1996 5,000.00
1 10/01/1996 854.43 29.17 821.25 4,178.74
2 11/01/1996 850.43 24.38 825.05 3,352.59
3 12/01/1996 850.43 19.56 830.87 2,521.82
1996 Totals 2,551.29 73.11 2,478.18
4 01/01/1997 850.43 14.71 835.72 1,686.10
5 02/01/1997 850.43 9.84 840.59 845.51
6 03/01/1997 850.43 4.92 845.51 0.00
1997 Totals 2,551.29 29.47 2,521.82
Grand Totals 5,102.58 142.58 5,044.00