Title
Approve and Authorize the Director of Planning to execute the Release of Liability from Indemnification Agreement between Monterey Design Group, LLC (PLN000413) and the County of Monterey.
Report
PROJECT INFORMATION:
Planning File Number: PLN000413
Owner: Laguna Seca Office Condominium Association
Project Location: 9681 Blue Larkspur Lane (Lot 10), Monterey (Previously APN: 173-121-010-000); 9699 Blue Larkspur Lane, Suite #202 (APN 173-123-006), Laguna Seca Office Park
Developer: Monterey Design Group, LLC
Current Owner: Cornett Investments LLC, 9699 Blue Larkspur Lane #202, APN173-123-006
Plan Area: Greater Monterey Peninsula Area Plan
Flagged and Staked: No
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Approve and Authorize the Director of Planning to execute the Release of Liability from Indemnification Agreement between Monterey Design Group, LLC (PLN000413) and the County of Monterey.
SUMMARY:
The Property Owner, Cornett Investments, LLC, current owner of property located at 9699 Blue Larkspur Lane, Suite #202, Monterey (APN 173-123-006) located in the Laguna Seca Office Park (the Property) has requested a Release of Liability from Document No. 2001079620, the Indemnification Agreement (hereafter, “Agreement” or “Document”) between the previous Owner, Monterey Design Group, LLC and the County of Monterey required per Project Condition of Approval No. 2 of PLN000413. Project Conditions of Approval for PLN000413 have been met. The statute of limitations for filing a claim, action or proceeding for approval of said Project has expired. Said Agreement was executed by the previous Owner, Monterey Design Group LLC, on August 20, 2001 and by Planning Director on September 19, 2001 and approved as to form by the Office of County Counsel, on behalf of the County.
DISCUSSION:
The Indemnification Agreement was required per PLN000413, Planning Commission Resolution No. 01036, for then APN 173-121-010-000, Project Condition of Approval ...
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