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Development Agreement - 2015 - Shadowbluff Subd Amended & Restated - 12/23/2015Recording Requested By and When Recorded Return to: Planning and Zoning Administrator City of Eagle P.O. Box 1520 Eagle, Idaho 93616 ADA COUNTY RECORDER Christopher D. Rich 2016 - 008960 BOISE IDAHO Pgs =9 BONNIE 02/0112016 03:42 PM EAGLE CITY NO FEE 1111111111111111111111111111111111111111111111111 00190010201600089600090091 For Recording Purposes Do Not Write Above This Line AMENDED AND RESTATED DEVELOPMENT AGREEMENT This Amended and R"tated Deaclopniunt Agreement (#his "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"), and Envision Idaho, LLC, ( "Owner''). Upon recordation of this Development Agreement, that certain Development Agreement recorded in the real property records of Ada County, Idaho, on October 12, 2006, as instrument number 106161993 (the "Original Development Agreement ") shall be void and of not further force or effect_ WHEREAS_ Owner i s the own er of record of certain real estate consisting of approximately 4.86 - acres generally located at 10895 Horseshoe Bend Road, as specifically defined in the attached legal description (Exhibit A), and shown on the Concept Plan (Exhibit B), identified as Eagle Rezone Application No. RZ -03 -06 and which is subject to an application for modification of development agreement, identified as Eagle Rezone Modification Application No. RZ -03 -06 MOD; and WHEREAS, the - proposed development includes properties within an area that, at the time the Original Development Agreement was worded, was designated on 4he ,Land Use Map of the Comprehensive Plan as Residential Four and zoned R4-DA (Residential with a development agreement); and WHEREAS, Owner desires to divide Property into two (2) parcels with a Parcel Division (PD -02- 15), with one (1) parcel to contain the existing residential dwelling and remaining parcel to be subdivided into an 18 -lot (15- buildable,. 3- commoa) residential subdivision, use as generally shown on the Concept Plan ( Lxhibit B)- and WHEREAS, the City Council of Eagle has determined that the scope of any residential project upon the Property should be limited to prevent undue damage to, and to otherwise be in harmony with, the existing community; and WHEREAS, the intent of this Amended and Restated Development Agreement is to protect the Owner's rigl}t to use, .enjoy and develop the Property while at the same time limit any adverse impacts of the development upon neighboring properties and the existing community and ensure the Property is developed in a manner consistent with Eagle's Comprehensive Plan and City Code; and Page 1 of 6 K Tlanning Dto\ ogle ApphceiiomlkZ &A120DMR2-03.06 MOD da cc 61 ver dom WHEREAS, Owner have agreed to the use restrictions and other Iimitations set forth herein upon the use and development of the Property and has consented to the Residential District ( "R- 4 -DA ") zoning designation for the Property with the requirements set forth in the Original Development Agreement as replaced by this Amended and Restated Development Agreement; and WHEREAS, Owner have provided Eagle with affidavits agreeing to submit the Property to a development agreement (Exhibit C) pursuant to Eagle-City Code Sectiom g 10=1(C 1 }: and WHEREFORE, Owner and the City of Eagle desire to enter into this Amended and Restated Development Agreement 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 -651 lA and Eagle City Code, Title 8, Chapter 10. ARTICLE II ZONING ORDINANCE AMENDMENT Eagle has adopted ordinances amending the Eagle Zoning Ordinance to rezone the Property to MU -DA, subject to the provisions of the Original Development Agreement, and as specifically set forth previously in Ordinance No. 553A which became effective after its passage, approval, and publication on March 5, 2007. ARTICLE III CONDITIONS ON DEVELOPWNT 3.1 The maximum density ffor:the'Property shall be 3.30 dwelling units per acre. 3.2 Owner will develop the Property subject to the conditions and limitations set forth in this Development Agreement. Further, Owner will submit such applications regarding floodplain development permit review, design review, preliminary and final 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 %N ithin this Agreement. 3.3 The Concept flan (Exhibit B) represents the Ownces current concept forconnptetion of the project. 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, and notice shall be provided as may be required by the City. 3.4 Owner shall comply with Site Specific Conditions -of Approval and Standard Conditions of Approval efParcel Division .application 4PD -02 -15 prior to the City Clerk signing the Sbadowbluff Subdivision final plat. 3.5 Owner shall provide potable water and sewer connections to the parcel containing the existing residential dwelling located at 10895 North Horseshoe Bend Road. Upon completion of the subdivision Owner shall connect the existing residence to potable water and central sewer. Page 2 of 6 K Tianning DepREaglc Applieat.otu%RZ&AL'D06tiRZ -03-06 MOD da cc fnl vcr.docx ARTICLE IV AFFIDAVIT OF PROPERTY OWNERS Affidavits of the Owner is attached hereto and incorporated by reference herein agrees to subject the Property to this Development Agreement (Exhibit C) and be bound thereby, and comply with and be bound by the provisions set forth in Idaho Code Section 67 -65I IA and Eagle City Code Section 8 -10 -1 shall bc. provided and is incorporated herein by reference. ARTICLE V DEFAULT 5.1 In the event the Owners fail 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 -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 UNENFOR ,CEABLE PROVISIONS Subject to terms of Section 5.3 above, if any term, provision, commitment, or restriction of this Agreement orthe 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.appurte=t to and for the benefit of.the Property, adjacent property, and other residential property near The Property and shall rim with the land. This Development Agreement shall be binding on the Owner and owners, and their respec,-tive heirs, administrators, executors, agents, legal mepresentatives, 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 bound by and liable for all commitments and other obligations arising under this Agreement with respect to the Property or portion thereof. Page 3 of 6 K.1Planning DeptW -Axle Apphcattom\RZ &A1:006\RZ.01.06 MOD da cc Enl ver dom ARTICLE VIII GENERAL MATTERS 8.1 Amendments. Any alteration or change to this Development Agreement shall be made only after complying wWr the notice and bearing provisions of Idaho Code Section 67- 6509, as required by Eagle City Code Section 9-10 -1. 8.2 Paragraph Headings. This Development Agreement shall be construed according to its Lair 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 owstraaed in .accorflance with the laws of the State affddaho in effect atthe time ofthe.execution ofthis Development Agreement. Any action brought in connection with this Development Agreement shall be brouglnt in a court of competent jurisdiction located in Ada County, Idaho. 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 mailingthe 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 Owners: Envision Idaho, LLC Mary Ann Olsen 12790 West Telemark Street Boise, Idaho 83713 Or such other address and to such other persons as the parties may heremter designate. Any s=h- notice shall be deemed given upon receipt if by personal delivery, forty-eilot (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 Financial Assurance. In addition to the other remedies afforded Eagle herein, Owners agree to provide adequate financial assurance to Eagle, to secure the payment of any deferred balance of the attorney fees and the end rans fees, together with intent aged .thereon. ale shall provide to the Owners an estimate For -the anticipated 4ttorney fees and engineering fees associated with this Agreement. The Owners slWl proviide .a :cmh•deposit,4etter.ofemdit err aterr►drin-the arnmmt of4he estimated. €eesassociated with the worm undertaken pursuant to the terms of this Agreement. Thereafter, Eagle shal I bill Owners for such fees, adjusting the estimates as appropriate. The Owners shall make payments for such fees as incurred by Eagle and as invoiced to the Owners or, if Owners have made a cash deposit with Eagle, Eagle may draw on the deposit to pay its invoice. If the financial assurance deposited by Owners is in the form of a letter of credit, and if the Owners fail to make payment for such fees when actually incurred by Eagle and invoiced, then following thirty (34days of wriom notice of such failure from Eagle, Eagle may draw upon the financial Page 4 of 6 K TIanninp DepIT4c App icationsaZ&A\:�'w:'ARZ ° 3.06 MOD da cc fnl ver d= assurance provided by the Owners. Thereafter, if the then current estimated fees still to be paid exceeds the amount of the then current balance of die financial assurance (whether it be in the form of a cash deposit or a letter of credit),the Owners shall replenish the financial assurance and shaII become current as to aII outstanding fees owed. Upon payment in full of all attorney fees and engineering fees, Eagle shall release to the Owners the unused portionrof the cash depositor the letter of credit, as applicable. Eagle's draw upone die financiar assurance under this Section shall not-preclude it from exercising any of the other rights and remedies, afforded it in Article V or in Section 8.7. 8.7 Default. In the event Owners fail to comply with the terms and conditions hereof in any material respect, the City may, without further notice to Owners, exercise any or all of the following remedies. A. Withhold the issuance of any building permit or certificate of occupancy of any structure located within the Project; B. Withhold the connection of water, sewer or electric service to any property located within the PrnJJeCt; C. Refuse to accept public ownership and maintenance of public improvements within the Project and record a notice of such action with the Ada County Recorder's Office; D. Issue a stop work order for any building under construction within the Project; E. Withhold reimbursement of Project surety /financial guarantee of performance collected pursuant to Section 8.6 ofthis Development Agreement and Section 9- 4 -2 -2" of-the City Code; I" Bring art action for damages, injunctive relieF, specific performance or any other remedy available at Iaw or in equity; All of the above remedies are cumulative and to the extent not wholly inconsistent with each other, may be enforced simultaneously or separately, at the sole discretion of the City. 8:8 Effective .Date. This Development Agreement steal l be effective tip Km the signing and execution of this agreement by both parties. 8.9 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 Wl l NESS WHEREOI , the parties have executed this Development Agreement. DATED this ;L ay of 2015. ��•�• - -OF FC-••''-, o�QOR4.? SEA ATTEST: +y'�w° P Sharon K. Bergmann, City Clerk CITY OF EAGLE, a municipal corporation organized i d fisting under t ws of the State of Idaho 111. D. Reynolds, a) r Page 5 of 6 KAP)aaning Dcp Tagle Appficaiia u'JtMA)- 'W6IRZ- 03- 06110D da cc MI veT dD= Owner. Eavision Idaho By: Mary t 0ls 1 Member STATE OF IDAHO . ss. County of Ada } On this Z!j!�3' ,of DdCAPt—&f-" , 2015, before the undersigned notary public in and for the said state, personally appeared MARY ANN OLSEN, 'known or identified to me to be a Member of ENV'IMON hDA440, LLC, &e owner oft1eproperty referenced hartin, and the person who executed the foregoing instrument. ITNESS WHERFLE I ha hereunto Notary Public for I Residing at: /Qer iefZc - , 2'.) My Cornmissiou Expires: ! -' set my hand and seal the day and year first above written. ow �. .. 's V PO; ZZ 4D: -ATE 44milt Page 6 of 6 K Tlennmg DeptlEegle Applicatioas%RZ&AL1006W -03-06 MOD do cc fnl per docc EXHIBIT "C" Affidavit of MARY ANN OLSEN on behalf of Envision Idaho, LLC AFFIDAVIT OF LEGAL INTEREST' STATE OF IDAHO } ) SS. County of Ada ) MARY ANN OLSEN, who being first duly sworn under oath, deposes and says: I. 1 am MARY ANN OLSEN, who is a Member of Envision Idaho, LLC, whose mailing address is I025 South Bridgeway Place, Suite 290, Eagle, ID, 83616 ( "Envision Idaho, LLC "). 2. Envision Idaho, LLC, is the fee simple owner of the parcel of real property described on Exhibit 1, attached hereto�(the "Property"). 3. Envision Idaho, LLC, authorizes the submission of the Property to certain Development Agreement pursuant to the provisions set forth in Idaho Code Section 67 -6511 A and Eagle City Cade Section $ -10 -1 dated the 2ft day of , Fjgr$*MgM= , 2015 by and between the City of Eagle, a municipal corporation in the State of Idaho, and Mary Ann Olsen, Envision Idaho, LLC (the "Agreement "). DATED this Z5 day of De C , 2015. By: Envision Idaho, LLC SUBSCRIBED AND SWORN to before me this 7-1'w*day of 'Dec- , 2015. Notary Public for Id f Residing at /�'�p�r.•n My Commission expires I Page ! of I K Whim% DgnTAgle Appliwions\RZ4!LAl2066\KZ -03-06 SIDD da atlidavil doc Idaho tin Bo •. 0 .q 11111110% EXHIBIT "A" BOUNDARY LEGAL DESCRIPTION A Parcel of land 'ocated in the Northeast 114 of Secbc.n 10, Township 4 North, Range 1 East, Boise Meridian, City of Eagle, Ada County, Idaho and described as follows: Basis of Bearing being the East line of said Northeast 114 derived from found monuments and taken as South 00'00'00" East. COMMENCING at an aluminum cap marking the Northeast comer of said Northeast 114, thence South 00400'00" East a distance of 1317.80 feet to an aluminum cap marking the Southeast comer of the Northeast 114 of the Northeast 114, thence continuing South 00'00'00" East a distance of 28.16 feet to a point from which a brass cap monument marking the Southeast comer of said Northeast 114 bears South 00000'00" East a distance of 1289.61, thence South 89'46'45" West a distance of 40.00 feet to a 518 inch rebar marking the POINT OF BEGINNING; thence along the North line of Shadowridge Subdivision as it is recorded in Book 91 at Page 10739 South 89048'45" West a distance of 1,282.35 feet to a 518 inch rebar, thence along the West line of the Southeast 114 of the Northeast 114 North 00617'02" West a distance of 13.29 feet to an aluminum cap marking the Southwest corner of said Northeast 114 of the Northeast 114; thence along the West line of the said Northeast 114 of the Northeast 114 North 0001T54" West a distance of 151.71 feet to a 518 inch rebar; thence leaving said West line and along the South line of Shadowview Subdivision as it is recorded in Book 92 at Page 11010 North 89 °46'45" East a distance of 1,2B3.31 feet to a 518 inch rebar; thence leaving said South line South 00002'16" West a distance of 155.00 feet to the POINT OF BEGINNING. Said Parcel containing 211,664 square feet or 4.859 acres more or less and is subject to all existing easements and rights -of -ways of record or implied. Craig R. McCullough RLS. 6901 Timberline Surveying 35 14th Ave. South Nampa, Idaho 83651 END OF DESCRIPTION, L I.PP��? � !! 3" EXHIBIT "A" U. ".TS•SUBS'Mcston -Road App1clsuncy' LEGALSTounday Legal.doe AVE EXHIBIT "B" --- - -, I trs 0 rn i R 7 1 2� GO �p�'s Y A O rn Q � ! R r o � t En 1 a a In gm Y-. a it nud +� 9 �+ ' r m, T A T E H I G H W A O a 0. 5 5 e • • • • T i i i � T' �� ILI 11312 1t sill � ......b ®••ttt0� � � r6� in oil �Ja P ' � N n 1 _a t`L O I �yO�FI. ». s z uj S z W It z15 oil, al . r �j b � 9 V1 =lx SNOISIA38