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Development Agreement - 2008 - Dry Creek Estates - 6/16/2008 ADA COUNTY RECORDER J. DAVID NAVARRO AMOUNT .00 9 BOISE IDAHO 07/16/08 08:29 AM DEPUTY Vicki Allen 1111111111111111111111111111111111111 RECORDED - REQUEST OF Ci tv 01 Eag Ie 108081002 Recording Requested By and When Recorded Return to: City of Eagle 660 E. Civic Lane P.O. Box 1520 Eagle, Idaho 83616 For Recording Purposes Do Not Write Above This Line DEVELOPMENT AGREEMENT This Development Agreement, made and entered into on the date as indicated herein, by and between the City of Eagle, a municipal corporation in the State of Idaho ("Eagle"), by and through its Mayor, and Mark and Deborah Wald. ("Applicant"). WHEREAS, the Applicant is the owner of record of certain real estate located at 2641 N. Edgewood Road, Eagle, Idaho, ("Property"), as specifically defined in the attached legal description (Exhibit A) which is the subject of an application for Rezone identified as Rezone Application No. RZ-Ol- 08; and WHEREAS, the proposed development includes properties within an area currently zoned A-R (Agricultural-Residential); and WHEREAS, the Applicant desires a R-E-DA (Residential-Estates with a development agreement zoning classification to develop a two (2) lot residential subdivision on the property use on the above described property, which is herein referred to as the "Property"; and WHEREAS, the Planning and Zoning Commission and the City Council of Eagle have determined that allowing an R-E zoning designation for the Property must be limited with the use of a development agreement to prevent undue damage to, and to otherwise be in harmony with, the existing community; and WHEREAS, the intent of this Development Agreement is to protect the rights of Applicant's use and enjoyment of the Property while at the same time limiting any adverse impacts of the development upon neighboring properties and the existing community and ensuring the Property is developed in a manner consistent with Eagle's Comprehensive Plan and City Code; and WHEREAS, the Applicant has agreed to the use restrictions and other limitations set forth herein upon the use and development of the Property and has consented to a R-E-DA (Residential-Estates - One (1) unit per two (2) acres with a development agreement) zoning designation for the Property with the requirements set forth in this Development Agreement; and Page 1 of7 K:\Planning Dept\Eagle Applications\SUBS\2008\Dry Creek Estates Sub da fnl ver.doc WHEREAS, the Applicant has previously provided Eagle with an affidavit agreeing to submit the Property to a Development Agreement pursuant to Eagle City Code Section 8-10-1(C)(1); and WHEREAS, all exhibits mentioned herein are attached hereto and are incorporated herein by reference; and WHEREFORE, the Applicant and the City of Eagle desire to resolve the issues and concerns that have arisen and for and in consideration of the mutual covenants contained herein, it is agreed as follows: ARTICLE I LEGAL AUTHORITY This Development Agreement is made pursuant to and in accordance with the provisions ofIdaho Code Section 67-6511 A and Eagle City Code, Title 8, Chapter 10. ARTICLE II ZONING ORDINANCE AMENDMENT Eagle will adopt an ordinance amending the Eagle Zoning Ordinance to rezone the Property that is the subject of the application to the Residential- Estates District ("R-E-DA"), after recordation of, and subject to the provisions of this Development Agreement. The ordinance will become effective after its passage, approval, and publication and the execution and recordation of this Development Agreement. ARTICLE III CONDITIONS OF DEVELOPMENT 3.1 The owner shall submit a Design Review application for the site (as required by the Eagle City Code), and shall comply with all conditions required by Eagle as a part of the Design Review prior to issuance of a certificate of occupancy. 3.2 The Concept Plan (Exhibit B) represents the Owner's current concept for completion of the Project. As the Concept Plan evolves, the City understands and agrees that certain changes in that concept may occur or be required. If the City determines that any such changes require additional public comment due to potential impacts on surrounding property or the community, a public hearing shall be held on any proposed changes in the Concept Plan and notice shall be provided as may be required by the City. 3.3 The residential dwelling unit located at 2641 N. Edgewood Road shall be allowed to remain at its current location. The front yard setback for the dwelling located at 2641 N. Edgewood Road is forty three feet (43 '). Should the dwelling be replaced the new dwelling shall meet the setback requirements for the R-E (Residential-Estates-up to one unit per two acres) zone. 3.4 The accessory structure adjacent to the southern property line shall be allowed to remain at its current location. The side yard setback for the accessory structure located adjacent to the southern boundary line at 2641 N. Edgewood Road is twelve feet (12'). Should the accessory structure be removed or replaced, a new accessory structure shall meet the setback requirements for the R-E (Residential Estates-up to one unit per two acres) zone. Page 2 of7 K:\Planning Dept\Eagle Applications\SUBS\2008\Dry Creek Estates Sub da fnl ver.doc ARTICLE IV AFFIDA VIT OF PROPERTY OWNERS An affidavit of all owners of the Property agreeing to submit the Property to this Development Agreement and to the provisions set forth in Idaho Code Section 67-6511 A and Eagle City Code Section 8-10-1 shall be provided and is incorporated herein by reference. ARTICLE V DEFAULT 5.1 In the event the Applicant fails to comply with the commitments set forth herein, within thirty (30) days of written notice of such failure from Eagle, Eagle shall have the right, without prejudice to any other rights or remedies, to cure such default or enjoin such violation and otherwise enforce the requirements contained in this Development Agreement or to terminate the Development Agreement following the process established in Eagle City Code Section 8-10-1. 5.2 If required to proceed in a court of law or equity to enforce any provision of this Development Agreement, Eagle shall be entitled to recover all direct out-of-pocket costs so incurred to cure or enjoin such default and to enforce the commitments contained in this Development Agreement, including attorneys' fees and court costs. 5.3 If any term, provision, commitment, or restriction of this Development Agreement or the application thereof to any party or circumstances shall, to any extent, be held invalid or unenforceable, the remainder of this instrument shall terminate and the zoning of the property shall revert to the A-R (Agricultural-Residential) zoning designation unless the portion of this instrument determined to be invalid or unenforceable is re-negotiated in good faith between the Applicant (or other appropriate party) and Eagle as an amendment to the Development Agreement processed in accordance with the notice and hearing provisions ofIdaho Code Section 67-6509, as required by Eagle City Code Section 8-1 O-I. ARTICLE VI UNENFORCEABLE PROVISIONS Subject to terms of Section 5.3 above, if any term, provision, commitment, or restriction of this Agreement or the application thereofto any party or circumstances shall, to any extent, be held invalid or unenforceable, the remainder of this instrument shall nevertheless remain in full force and effect and that portion determined to be invalid or unenforceable shall be re-negotiated in good faith between Applicants (or other appropriate party) and Eagle. ARTICLE VII ASSIGNMENT AND TRANSFER After its execution, the Development Agreement shall be recorded in the office of the County Recorder at the expense of the Applicant. Each commitment and restriction on the development shall be a burden on the Property, shall be appurtenant to and for the benefit of the Property, adjacent property, and other residential property near the Property and shall run with the land. This Development Agreement shall be binding on the Applicant and owners, and their respective heirs, administrators, executors, agents, legal Page 3 of7 K:\Planning Dept\Eagle Applications\SUBS\2008\Dry Creek Estates Sub da fnl ver.doc representatives, successors, and assigns; provided, however, that if all or any portion of the development is sold, the sellers shall thereupon be released and discharged from any and all obligations in connection with the property sold arising under this Agreement. The new owner of the Property or any portion thereof (including, without limitation, any owner who acquires its interest by foreclosure, trustee's sale or otherwise) shall be liable for all commitments and other obligations arising under this Agreement with respect to the Property or portion thereof. ARTICLE VIII GENERAL MATTERS 8.1 Amendments. Any alteration or change to this Development Agreement shall be made only after complying with the notice and hearing provisions ofldaho Code Section 67-6509, as required by Eagle City Code Section 8-10-1. 8.2 Paragraph Headings. This Development Agreement shall be construed according to its fair meaning and as if prepared by both parties hereto. Titles and captions are for convenience only and shall not constitute a portion of this Development Agreement. As used in this Development Agreement, masculine, feminine or neuter gender and the singular or plural number shall each be deemed to include the others wherever and whenever the context so dictates. 8.3 Choice of Law. This Development Agreement shall be construed in accordance with the laws of the State ofldaho in effect at the time of the execution of this Development Agreement. Any action brought in connection with this Development Agreement shall be brought in a court of competent jurisdiction located in Ada County, Idaho. 8.4 Legal Representation. Both the Applicant and Eagle acknowledge that they each have been represented by legal counsel in negotiating this Development Agreement and that neither party shall have been deemed to have been the draftor of this agreement. 8.5 Notices. Any notice which a party may desire to give to another party must be in writing and may be given by personal delivery, by mailing the same by registered or certified mail, return receipt requested postage prepaid, or by Federal Express or other reputable overnight delivery service, to the party to whom the notice is directed at the address of such party set forth below; Eagle: City of Eagle 660 E. Civic Lane Eagle, Idaho 83616 Owner: Mark and Deborah Wald 2641 N. Edgewood Road Eagle, ID 83616 Or such other address and to such other persons as the parties may hereafter designate. Any such notice shall be deemed given upon receipt ifby personal delivery, forty-eight (48) hours after deposit in the United States mail, if sent by mail pursuant to the foregoing, or twenty-four (24) hours after timely deposit with a reputable overnight delivery service. Page 4 of7 K:\Planning Dept\Eagle Applications\SUBS\2008\Dry Creek Estates Sub da fnl ver.doc 8.6 Effective Date. This Development Agreement shall be effective upon the signing and execution of this agreement by both parties. 8.7 Termination. This agreement terminates upon completion of Conditions of Development or after 7- years after the Effective Date, whichever occurs first. 8.8 Authority to Enter Into Agreement: By the execution and delivery of this Agreement by the parties, and the performance of their covenants and obligations therein, the parties acknowledge such action has been duly authorized by all necessary corporate (or LLC) action, and necessary corporate (or LLC) resolution(s) have been executed for the undersigned representatives to sign this Agreement and so bind their respective parties. IN WITNESS WHEREOF, the parties have executed this Development Agreement. DA TED this J..L.taay of ~, 2008. ".......... "~I '" .... G \.1:. 'It '###~ ,t' !"......~ ~... ~ ~~ .t-~E ~ 0 ~ By: ~ ~ ~~'$o '" i ~I f ,~~ < \ Phil Bandy, Mayor · . 1IC · "t" ~. 0 · i~. 0 ,~ d....: · .... \ v '" ~. ~ ~ ~ v .. . ...0.. ~ ~ .. II"CO~.. 0 ~ ... .......... "\~ .' ... .' , . ::~~ By:0/#1ahdt/ld/- Deborah Wald Page 5 of7 K:\Planning Dept\Eagle Applications\SUBS\2008\Dry Creek Estates Sub da fnl ver.doc STATE OF IDAHO ) : ss. County of Ada ) :J.#. ~ On this --JJl- day of , 2008, before the undersigned notary public in and for the said state, personally appeare PHIL BANDY, known or identified to me to be the Mayor of the City of Eagle and the person who executed the foregoing instrument on behalf of said City and acknowledged to me that said City executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. STATE OF IDAHO ) : ss. County of Ada ) On this) ~ay of ~ ' 2008, before the undersigned notary public in and for the said state, personally appear MARK W ALD, known or identified to me to be the owners of the property referenced herein and the persons who executed the foregoing instrument. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. Page 6 of7 K:\Planning Dept\Eagle Applications\SUBS\2008\Dry Creek Estates Sub da fnl ver.doc STATE OF IDAHO ) : ss. County of Ada ) . ~ ..:s ~-lI On this ~ day of ... -- , 2008, before the undersigned notary public in and for the said state, personally appeared DEBORAH W ALD, known or identified to me to be the owners of the property referenced herein and the persons who executed the foregoing instrument. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. My Commission Expires: ~-\Uc:. ~ Page 7 of7 K:\Planning Dept\Eagle Applications\SUBS\2008\Dry Creek Estates Sub da fnl vcr. doc EXHIBIT "A" ~ Unlimited Boundaries, Inc. dbaAI Land Surveying & Civil Engineering 1103 W. Main 8t. Middleton, Idaho 83644 J 208-585-5858 · 208-585-9001 Fax _.. nr:Cf:i\/ED e. FILED CITY OF EAGLE REZONE DESCRIPTION JAN 2 4 2008 FOR File: _ MARK WALD Route to: - - The following describes a Parcel of Land being Lot 2, Block 3 of Rocket Bar Subdivision as filed for Record in Book 26 of Plats at Page 1636, Records of Ada County, Idaho lying in a portion of the NE X of Section 4, T4N., R1 E., BM., Eagle, Ada County, Idaho, more particularly described as follows: Commencing at the Northeast Corner of said Section 4, marked by a Brass Cap; Thence along the Northerly Boundary Line of the NE X of said Section 4, also being the Northerly Boundary Line of said Rocket Bar Subdivision, South 89039'22" West, 544.58 feet to the Northwest Corner of said Rocket Bar Subdivision; Thence leaving said Northerly Boundary Lines, and along the Westerly Boundary Line of said Rocket Bar Subdivision, South 01021 '23" East, 405.63 feet to the Northwest Corner of said Lot 2 marked by an iron pin, the POINT OF BEGINNING: Thence leaving said Westerly Boundary Line, and along the Northerly Boundary Line of said Lot 2, and its Prolongation, North 88038'37" East, 544.50 feet to a point on the Centerline of North Edgewood Road, also being the Easterly Boundary Line of the Northeast X of said Section 4; Thence leaving said Northerly Boundary Line, and its Prolongation, and along the Centerline of North Edgewood Road, also being the Easterly Boundary Line of the Northeast X of said Section 4, South 01021'23" East, 400.00 feet to a point on the Prolongation of the Southerly Boundary Line of said Lot 2; Thence leaving the Centerline of North Edgewood Road, also being the Easterly Boundary Line of the Northeast X of said Section 4, and along the Southerly Boundary Line of said Lot 2, and its Prolongation, South 88038'37" West, 544.50 feet to the Southwest Corner of said Lot 2, marked by an iron pin; Thence leaving said Southerly Boundary Line, and along the Westerly Boundary Line of said Lot 2, North 01021 '23" West, 400.00 feet to the POINT OF BEGINNING: The above described parcel of Land contains 5.00 Acres, more or less. 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