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HomeMy WebLinkAboutContracts & Agreements_140-2021TEMPORARY WATER SUPPLY SETTLEMENT AGREEMEMT BY AND BETWEEN THE CITY OF REDLANDS AND REDLANDS PALM INVESTMENT, LLC This temporary water supply settlement agreement ("Agreement") is made and entered into this 20th day of July, 2021 ("Effective Date"), by and between the City of Redlands, a California municipal corporation and general law city ("City") and Redlands Palm Investment, LLC, a California limited liability company ("RPI") City and RPI are sometimes individually referred to herein as a "Party" and, together, as the "Parties." RECITALS WHEREAS, RPI is the owner of certain real property located at 301 W Palm Avenue in the city of Redlands, which is more specifically identified as county of San Bernardino Assessor's Parcel No 0173-231-05-0000 (the "Property"), and WHEREAS, RPI has filed applications with the City for the development of a residential subdivision on the Property, which includes the preservation of two existing historic homes and an historic citrus grove, in addition to several smaller contributing historic structures presently existing upon the Property; and WHEREAS, subsequent to RPI's filing of the development applications, RPI informed City that a water line owned by the Redlands Water Company that was providing non -potable irrigation water to the Property and the historic citrus grove failed, thereby jeopardizing the healthy maintenance of the historic citrus grove and the Property; and WHEREAS, City has an interest in both the preservation of the historic citrus grove on the Property and the repair of the water line, because City is a significant shareholder of Redlands Water Company, which owns the water line, and WHEREAS, in a cooperative effort to assist in the preservation of the historic citrus grove, and continue to efficiently and economically provide water service to the citrus grove and the Property, RPI, as the owner of seventeen (17) shares of the corporate stock of Redlands Water Company, offered to make available and have delivered to City's water treatment plant RPI's full entitlement of non -potable water evidenced by such shares, in exchange for City's provision of temporary domestic water service to the Property and the historic citrus grove, and WHEREAS, City and RPI now wish to conclude such temporary water service on the terms and conditions set forth herein below; NOW, THEREFORE, in consideration of the mutual promises contained herein, and for such other good and valuable consideration the receipt of which is hereby acknowledged, City and RPI agree as follows AGREEMENT Section 1. Cessation of Temporary Water Service/Credit. A. In exchange for City's provision of temporary water service to the Property for the period of time from June 25, 2020 to July 20, 2021 (the "Exchange Period"), RPI shall cause 1 L:\ca\djm\Agreements\Redlands Palm Investment Water Settlement Agreement.doc.jn Redlands Water Company to issue City a credit (deducted from the allotted water entitlement for RPI's aforementioned seventeen (17) shares of Redlands Water Company corporate stock) for its future delivery of non -potable water to City m an amount equivalent to the amount of domestic water provided by City to RPI for the Property durmg the Exchange Period (the "Credit") Redlands Water Company's confirmation of the Credit shall be delivered to City within sixty (60) days of the Effective Date of this Agreement B In the event RPI fails to cause Redlands Water Company to provide City with written confirmation of the Credit as required by subsection A, above, RPI shall (i) pay City the sum of twenty three thousand six hundred thirty eight dollars and mnety sixty cents ($23,638 96), which represents the actual amount owed to City by RPI for temporary use of City's domestic water supply as of July 1, 2021, and the sum of one thousand two hundred mnety six dollars and mnety six cents ($1,296 96) which represents the actual amount of usage of City's other utility systems (sewer, refuse, household hazardous waste, street sweeping) during the Exchange Period, and (n) the utility invoices issued by City to RPI m August for RPI's pro -rated usage of City utilities from July 1, through July 20, 2021, the end of the Exchange Period, within ten (10) days of the Redlands Water Company's failure to issue the Credit C From and after the Effective Date of this Agreement, RPI shall be charged for all City domestic water and all other utilities provided to the Property m accordance with City's then prevailing rates Section 2 Entire Agreement/Amendment This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof Any prior verbal or written representations or agreements respecting temporary water service to the Property not expressly set forth herein are null and void This Agreement may be modified or amended only by written instrument, executed by the Parties Section 3 Attorneys' Fees In the event any action is commenced to enforce or mterpret the terms or conditions of this Agreement the prevailing Party shall, m addition to any costs and other relief, be entitled to recovery of its reasonable attorney's fees, including fees for a Party's use of in-house counsel CITY OF REDLANDS Paul T Barich, Mayor ATTEST e Donaldson, City Clerk REDLANDS PALM INVESTMENT, LLC A California limited liability company By Diversified Pacific Development Group, LLC, A California li ' ted h.bihty company Its Ma ger atthew • Jor:' , V o-Managing Member 2 L \ca\dim \Agreements\Redlands Palm Investment Water Settlement Agreement.doc.jn