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Development Agreement - 2011 - Sea To Sea (Lofts At Eagle River) (EXPIRED) - 6/28/2011 ADA COUNTY RECORDER Christopher D.Rich AMOUNT .00 12 BOISE IDAHO 06130111 08:49 AM DEPUTY Vicki Allen RECORDED—REQUEST OF III IIIIIIIIIIIII IVIIIIIIII II I III Eagle City 111052588 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 Sea 2 Sea, LLC ("Owner"). WHEREAS,the Owner is the owner of record of certain real estate located at 827 East Riverside Drive, 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-14-06 and RZ- 14-06 MOD; and WHEREAS,the proposed development includes properties within an area currently zoned RUT (Rural-Urban Transition—Ada County designation); and WHEREAS,the Owner desires a MU-DA(Mixed Use with a development agreement)zoning classification to develop a residential 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 the scope of any proposed use on 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 Owner'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 Owner 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 MU-DA (Mixed Use with a development agreement) zoning designation for the Property with the requirements set forth in this Development Agreement;and Page 1 of 8 K:\Planning Dept\Eagle Applications\SUBS\2006\Lofts at Eagle River da cc version final.doc WHEREAS, the Owner has previously provided Eagle with an affidavit agreeing to submit the Property to a Development Agreement (Exhibit C)pursuant to Eagle City Code Section 8-10-1(C)(1) and be bound by same; and WHEREAS, all exhibits mentioned herein are attached hereto and are incorporated herein by reference;and WHEREFORE, the Owner 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 of Idaho Code Section 67-6511A 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 Mixed Use District ("MU-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 Owner will develop the Property subject to the conditions and limitations set forth in this Development Agreement. Further, Owner will submit such applications regarding design review, preliminary and final plat reviews, condominium plat reviews and/or any conditional use permits, if applicable, and any other applicable applications as may be required by the Eagle City Code, which shall comply with the Eagle City Code, as it exists at the time such applications are made except as otherwise provided within this Agreement. 3.2 The Concept Plan date stamped by the City on December 20, 2006, represents the Owner's current concept for completion of the Lofts at Eagle River a residential condominium/townhouse development. As the Concept Plan evolves,the City understands and agrees that certain changes in that concept may occur. 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, notice shall be provided as may be required by the City. 3.3 A letter of approval shall be provided to the City from the Eagle Sewer District indicating that the property has been annexed into the Eagle Sewer District's service boundaries. The applicant shall also provide documentation from Eagle Sewer District approving the final construction plans prior to submittal of the final plat application. A letter of approval shall be provided to the City from the Idaho Department of Health and Welfare, Division of Environmental Quality, and/or Central District Health,that the install system is approved prior to issuance of any building permits. Page 2 of 8 K:\Planning Dept\Eagle Applications\SUBS\2006\Lofts at Eagle River da cc version final,doc 3.4 All buildings shall be designed in compliance with Eagle City Code Section 8-2A. Permitted architecture styles are specifically those shown within the Eagle Architecture and Site Design Book (EASD Book). Architecture styles and building design elements that are not shown with the EASD Book will not be permitted. 3.5 As provided by the applicant, "Craftsman" shall be the required architecture standard for the development. Eagle Design Review Board and Eagle City Council approval of the detailed architectural plans of the structures, landscaping, and any proposed signage for the development is required prior to submittal of a final plat application. To assure compliance with this condition, the applicant shall create an architectural control committee (ACC) as a component of the development's CC&R's. Provisions regarding the creation and operating procedures of the ACC shall be included in the CC&R's, and shall be reviewed and approved by the City attorney prior to the approval of a condominium plat or issuance of a zoning certificate, whichever occurs first. The submittal of a building permit application to the City for all buildings within the development shall be accompanied by an approval letter from the Architectural Control Committee. Building permit applications that do not have an approval letter attached will not be accepted. 3.6 The owner shall submit a Design Review application for the site (as required by Eagle City Code) and shall comply with all conditions required by the City of Eagle as a part of the Design Review prior to submitting application for final plat approval. 3.7 Development of the Property will be permitted through the Design Review process and future conditional use permits for the residential development will not be required excluding any height exceptions that may be requested. Height exceptions shall require a conditional use permit. 3.8 The conditions, covenants, and restrictions for the Property shall contain at least the following: (a) Provide that the association(s) shall have the duty to maintain and operate all of the common landscape areas in the subdivision in a competent and attractive manner, including the watering, mowing, fertilizing and caring for shrubs and trees, in accordance with Eagle City Code, in perpetuity. (b) Parking shall only be allowed in the designated parking areas or in the garage units of the residential dwellings. (c) A maintenance manual for the drive aisles requiring the association(s) shall have the duty to maintain and operate all of the drive aisles providing access to the condominium/townhouses including the repair and replacement of asphalt and sidewalks. 3.9 The applicant shall place a note on the condominium plat and final plat that all common areas are to be owned and maintained by the Owners Association(s) for the development. The applicant shall provide a copy of the CC&Rs (which shall include a similar statement regarding the common areas) for review and approval by the City attorney prior to the approval of a condominium plat. 3.10 Sidewalks shall be located as shown on the Concept Plan date stamped by the City on December 20, 2006. Page 3 of 8 K:\Planning Dept\Eagle Applications\SUBS\2006\Lofts at Eagle River da cc version final.doc 3.11 A fire access shall be provided in the northeast corner of the development as shown on the Concept Plan date stamped by the City on December 20, 2006. 3.12 The Concept Plan shows the locations for all buildings within the development. The Setbacks shall be as follows: Riverside Drive and Avenue"A" 15 feet External Lot Lines (subdivision boundary) 20 feet Structures (between buildings) 30 feet Condominiums (drive aisle) 10 feet Townhouse (drive aisle) 19 feet(to garage)(measured from back of sidewalk) 3.13 Owner shall provide a report or analysis of any proposed changes to wetlands located on the Property and any such change shall be contingent upon approval by the Army Corps of Engineers, Idaho Fish & Game Department (if applicable), the Idaho Department of Water Resources (if applicable), Ada County, and any other appropriate governmental agencies, and shall be in accordance with the Eagle Comprehensive Plan and City Code. Applicant agrees all development and improvement of the Property shall comply with rules and regulations pertaining to regulated wetlands prior to submittal of a final plat application. 3.14 The owner shall provide an Environmental Impact Assessment to the City with an analysis of the proposed changes and how it will affect the area and if changes could be made to the plan that would not significantly change the area. The Environmental Impact Assessment shall be provided prior to the City Council approving a preliminary plat. 3.15 Owner shall provide and construct, in accordance with the provisions of Eagle City Code Section 9-4-1-6, a minimum twelve foot (12') wide asphalt public pathway along the portion of the Property adjacent to the Ballantyne Irrigation Canal. The specific location and design of the pathway shall be approved by the City of Eagle Park and Pathway Development Committee prior to submittal of a design review application. The asphalt pathway shall be located in a recorded easement or easements dedicated to and accepted by Eagle as provided in Eagle City Code Section 9-4-1-6(E) (2). The instrument number of the recorded easement or easements shall be referenced on the face of the plat for Lofts at Eagle River, upon recordation of the condominium plat(s) wherein the pathway is located. Other than any pathways approved by Eagle, development within the Floodway and the open space area between the Lofts at Eagle River and the Boise River shall be prohibited. 3.16 Owner shall provide a club house as generally depicted on the Concept Plan. The intent of the club house is to provide a venue for meetings and activities for the residents of the development. The building architecture and associated landscaping shall be reviewed and approved by the Eagle Design Review Board and Eagle City Council prior to the issuance of a certificate of occupancy. Applicant shall provide a surety for completion of the clubhouse prior to the City Clerk signing the final plat for Phase No. 1 of the Lofts at Eagle River. 3.17 Provide plans showing outdoor lighting details for review and approval by the Zoning Administrator with the submittal of a Design review application. The plans shall show how the lights will facilitate the"Dark Sky"concept of lighting. Page 4 of 8 K:\Planning Dept\Eagle Applications\SUBS\2006\Lofts at Eagle River da cc version final.doc 3.18 The owner shall provide documentation of an approved 404-Permit for work within any wetlands on site prior to the City issuing a zoning certificate for the property. 3.19 The owner shall provide documentation from Ada County Development Services confirming that work associated with the floodplain development permit and grading permit issued by Ada County Development Services is complete and in conformance with the approved permits. The documentation shall be provided to the city prior to the issuance of a zoning certificate. 3.20 Owner shall provide pedestrian and bicycle public access as shown on the Concept Plan from Riverside Drive to the paved greenbelt pathway to be reviewed and approved by the Eagle Parks and Pathway Development Committee and the Design Review Board prior to the submitting an application for final plat. 3.21 The owner shall tile the Ballantyne Irrigation Ditch within the subject property and provide an access easement as required by the Ballantyne Irrigation Ditch Company prior to the issuance of a zoning certificate. 3.22 Owner shall submit letters from the Eagle Water Company and the Department of Environmental Quality (Boise Regional Office) indicating potable water service has been approved to serve the site prior to submitting an application for final plat approval. 3.23 Provide an approved Land Use Change/Site Development Application from Boise River Flood Control District No. 10 prior to submitting a final plat application. ARTICLE IV AFFIDAVIT OF PROPERTY OWNERS An affidavit of the owner(s) of the Property agreeing to submit the Property to this Development Agreement (Exhibit C) and to the provisions set forth in Idaho Code Section 67-6511A 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 Owner 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 the terms of this Development Agreement expires prior to completion of the Conditions of Development or without an amendment to this Agreement for its extension being in process in accordance with the notice and hearing provisions of Idaho Code Section 67-6509, as required by Eagle City Code Section 8-10-1, use of the property shall be limited to those uses allowed within an A- Page 5 of 8 K:\Planning Dept\Eagle Applications\SUBS\2006\Lofts at Eagle River da cc version final,doc R (Agricultural-Residential) zoning designation until Eagle enacts and records an ordinance changing the property to the A-R(Agricultural-Residential) zoning designation. 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 thereof to 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 Owner(s) (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 Owner. 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 Owners, and their respective heirs, administrators, executors, agents, legal 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 of Idaho 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 of Idaho 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. Page 6 of 8 K:\Planning Dept\Eagle Applications\SUBS\2006\L.ofts at Eagle River da cc version final doc 8.4 Legal Representation. Both the Owner 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: Sea 2 Sea, LLC Attn: Creston Thorton 827 East Riverside Drive Eagle, Idaho 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 if by 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. 8.6 Effective Date. This Development Agreement shall be effective upon the signing and execution of this agreement by both parties. 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. DATED this c2 0 v day ofJ(,1. , 2011. CITY OF EAGLE, a municipal corporation orga ' ed and existing un- the laws ✓ the State of Id ,. •., By: A ./.11 t • ,IA.". .,ty 0 7..4, COW1C4,\ (1)z.5(:,:144/&__ Os- * 7 * aP ATTEST: SE ALA : q . ,'#9.1 7 O ,,,0000 Page 7 of 8 K:\Planning Dept\Eagle Applications\SUBS\2006\Lofts at Eagle River da cc version final.doc ili-4 .1P _ / .&p r'.. Owner: %/ Sea 2 Sea,L C By: jy_ Creston T.. on, Managing Member STATE OF IDAHO ) : ss. County of Ada ) On this day of l tv■-0-, , 2011, before the undersigned notary public in and for the said state, personally appeared i '' - .: : , known or identified to me to be the Mayor of the City of Eagle and the person w • ex ct{es ' -e`-or ,oing 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. .q � .,�, li, ,Y .IA,. Rai r. 1 *, �M"_T* Cs. ` r/1C1 Y I .. ' „.-c. Notary Public for 1 aho t Residing at: Cam,��t e v c W OW �/ io a My Commission Expires: C..f-4.141,- 7 a .i y, .Y�4k.443 FIlL: ,." STATE OF IDAHO ) : ss. County of Ada ) On this Z:7 day of J-:'t , 2011, before the undersigned notary public in and for the said state, personally appeared Creston Thorton, known or identified to me to be the Managing Member of Sea 2 Sea, LLC, the owners of the property referenced herein and the person who executed the foregoing instrument. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. (Pis + '��% Notary Public for Idaho €' )l� , SL(. orA„,. Residing at: — 2 - 5`- ��� * My Commission Expires: 14, PUB ••sssssssssss Page 8 of 8 K:\Planning Dept\Eagle Applications\SUBS\2006\Lofts at Eagle River da cc version final.doc TOOTHMAN-ORTON ENGINEERING COMPANY CONSULTING ENGINEERS, SURVEYORS AND PLANNERS 9777 CHINDEN BOULEVARD BOISE, IDAHO 83714-2008 208-323-2288 • FAX 208-323-2399 E -_:_- '-.�.. `x PLED boise @toengrco.com 4 ,t' `- ` ' al Project: 05089 Date: March 24, 2006 it 18 2036 Page: 1 of 2 File FioutG to. EXHIBIT "A" Land Description of Property for Annexation/Re-zone To the City of Eagle,Idaho A parcel of land located in the West 1/2 of the East %2 of Section 16, Township 4 North, Range 1 East Boise Meridian, Ada County,,Idahc;, being more particularly described as follows: COMMENCING at the North Quarter corner of said Section 16, from which the Center of said Section 16, bears S.00°45'44"W., 2641.36 feet; thence, along the longitudinal centerline of said Section 16, A) S.00°45'44"W., 1320.43 feet to the Northwest corner of Government Lot 2 of said Section 16, marking the POINT OF BEGINNING; thence, along said longitudinal centerline, 1) N.00°45'44"E., 67.68 feet; to the centerline of E. Riverside Drive;thence, along said centerline of E. Riverside Drive the following courses: 2) Southeasterly along a curve to the left having a radius of 595.00 feet, an arc length of 12.63 feet, through a central angle of 1°12'59", and a long chord of S.79°49'39"E., 12.63 feet; thence, along a line tangent from said curve, 3) S.80°26'09"E., 67.16 feet; to the beginning of a tangent curve; thence, 4) Southeasterly along a curve to the left having a radius of 450.00 feet, an arc length of 74.10 feet, through a central angle of 9°26'06", and a long chord of S.85°09'11"E., 74.02 feet; thence, along a line tangent from said curve, 5) S.89°52'14"E., 956.22 feet; thence, leaving said street centerline, 6) S.00°36'34"W., 747.49 feet to a point on the North toe of the Flood Control Levee; thence, along said North toe; 7) S.55°18'38"E., 266.14 feet to the East line of said Government Lot 2;thence, along the east line of said Government Lot 2 and the southerly extension thereof, to a point on the mean high water line of the Boise River, as shown on Record of Survey No. 2255, records of Ada County; Idaho, 8) S.00°36'34"W., 567.68 feet to the mean high water line of the Boise River; thence, along said mean high water line, the following courses: 9) N.73°07'56"W., 235.65 feet; thence, H_\05089\WPtiles\SURVEY\ExhA-PROPERTY Annexaiion.doc BOISE • COEUR d'ALENE • CALDWELL 1 TOOTIIMAN-ORTON ENGINEERING COMPANY _ Project: 05089 MA w Date: March 24, 2006 Page: 2 oft R0141-8 to: 10)N.50°10'17"W., 143.59 feet; thence, 11)N.40°45'22"W_, 186.59 feet; thence, 12)N.18°08'13"W., 125.82 feet; thence, 13)N.53°53'47"W., 152.74 feet; thence 14)N.18°10'47"W_, 87.65 feet; thence, 15)N.03°23'59"W., 86.85 feet;thence, 16)N.64°08'39"W., 130.83 feet; thence, 17)N.70°12'19"W., 134.89 feet; thence, 18)N.71°00'50"W., 84.43 feet; thence, 19)N.05°34'28"W., 34.39 feet; thence, 20)S.89°17'03"W., 68.07 feet; thence, 21)S.75°14'09"W., 283.81 feet to a point on the westerly line of said Government Lot 2; thence, along said westerly line, 22)N.00°45'44"E., 648.29 feet to the POINT OF BEGINNING. CONTAINING: 25.37 acres, more or less. . 731 6 v c ,3a4 f 2t.Jc , A, (This description is for Annexation purposes only!) ^.a4PeOF‘4°'e H.H:`.05089\WPtiles,SURVEY`:.EshA-PROPERTY Annexation.doc 2 Iu II w _,Alt _ .► k 4111■\ 11111\ 411k HI � � I�11\ \■ 1 I~'1 -_, � + 1. 1--. t'4 i5 u,1 to _ �� , ,.I 1-, �� ���• ,r� Ral�, 1oaNl. —� r �1,1 III I .1 .I� 1"...1,,11,.� � f! alplilu iIN1h° to ` I � / ' ` ' `o ° `� I 't ho, I ,� )1 !III 1I `•(4 I h III 1 '- 44 °�,T .•:; / o A,;1,,, /jL41) ' .;;'I .w s111au a Ib 1�st NI ��Oi 71�t� L!4tP"w S, i O II i+;.r 11: ' II , ', (V 1 l O r oS W q� We ..1➢p• "`• 0kle lEIL Y yam.,^ j 4 1 I � I I W 1t x`' �I 110 114-':.: lila - m, loot 1 0 44 I6L. I I Olt MIL S, 7.44-- II ,116,1-1; '''' ,/ 411i* Whit 0, AM,H'11-0.'-' q"1:''': "1041 -w. W"40 ',kg. 'tts OW "!:1),i1:,` _, 1 p VIt � - �� ,J I Tt t g3l l� � _ z . r■ 1111116 iii tll, X01 0, 4 L 1 n I i " 4,•r�. . ,. ..; 4 iin 1r %Nor �L II( ` of.,,,, oi •,5 poi �i -.�'1LI --•,v ke®�el al 1f Y 1 i1V 1Il�il"11 , AD 7 (-�j!�� 4:' fed_ Ol rO 1 1 4 CC LLJ w i .a ss; Ill 1 is fi'I + �� L I.,#if 4461A' s. r ° III ;i 1 ' � 1,��F �..� / o"y Ny1P�p r� �I '� J "! c o" �. %��'�%sw+ay�""+��/ _�t '�..%ilk f,"T1 f ail I-" (1 11 11 ` -� + s ,0w\`/ a 1 U Sri I! i Ipil�aeQ 9B w. A/ s rr. "� SQL CO I 1� Q 11 1 w 44�� p ti^til,:. /� z i p r�6 'fn7 �»• Y S•Y 1 , '4 , 1' ~ LL II I o _. a,NrN �w _ co, , .� ,1‘ ` a 1 I 1 I 1'i '67■Necg-4 _if ' \1-is co CL JILL 4 al I� I 1 1,<.I .. 111 , Q U III 1 O 1 ,�� 1 P',., !+' `a i 1111` U I i ) 1 H k,',:,::: Y ` Y G I ,4,,, `O' Y" I ^�" �r` L'� , 1 I a "' , 1 i•1`h r' / �; 1, r J O p(-., 1 C + ^+� } 1 1i 1 ��11 r- +s} 1 EXHIBIT "C" Affidavit of CRESTON THORNTON on Dena..(,,0...- ..ea,LLC AFFIDAVIT OF LEGAL INTEREST STATE OF IDAHO ) ) ss. County of Ada ) CRESTON THORTON, who being first duly sworn under oath, deposes and says: 1. I am CRESTON THORNTON, who is the Manager of Sea 2 Sea, LLC, whose mailing address is 757 West Bankside Drive, Eagle, ID 83616 ("Sea 2 Sea LLC"). 2. Sea 2 Sea, LLC is the fee simple owner of the parcel of real property described on Exhibit A, attached hereto(the "Property"). 3. Sea 2 Sea, LLC, authorizes the submission of the Property to certain Development Agreement pursuant to the provisions set forth in Idaho Code Section 67-6511A and Eagle City Code Section 8-10-1 dated the 2.7 day of jj Ale, , 2011 by and between the City of Eagle, a municipal corporation in the State of Idaho, and Creston Thornton, Sea 2 Sea, LLC (the "Agreement"). DATED this 2-3 day of J U"e ,2011. By: Sea 2 S-a, LC L----... By: Creston ornton, Manager SUBSCRIBED AND SWORN to before me this Z 7 day of 7J^' , 2011. ,0,gggg'g•g•••••. Notary Public for Idaho „so II L. Meet•.,. Residing at e p) I` , Idaho �!� t�' My Commission expires Ste-Z E-i / `' It'OtARY PUB1.1G '•.;4,78 OF 19.0% Page 1 of 1 K\Planning Dept\Eagle Applications\SUBS\2006\Lofts at Eagle River da affidavi,_doc