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Development Agreement - 2016 - Whitehorse Subdivision MOD - 6/16/2016ADA COUNTY RECORDER Christopher D. Rich 2016.068403 BOISE IDAHO Pgs=2 BONNIE 07/29/2016 08:05 AM EAGLE CITY NO FEE 111111111111111111111111111111111111111111111111111111 Recording Requested By and o3 When Recorded Return to: Planning and Zoning Administrator City of Eagle P.O. Box 1520 Eagle, Idaho 83616 For Recording Purposes Do Not Write Above This Line DEVELOPMENT AGREEMENT MODIFICATION This Development Agreement Modification, 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 David Callister, LLC, ("Owner"). WHEREAS, the Owner is the owner of record of certain real estate located at Lot 2, Block 1, Whitehorse Subdivision at 2440 North Park Lane, Eagle, Idaho, ("Property"), as specifically defined in Development Agreement recorded under Instrument No409089345; and WHEREAS, the proposed development agreement modification includes properties within an area currently zoned R -2 -DA; and WHEREAS, all provisions with the Development Agreement recorded under Instrument No. 109089345, records of Ada County, Idaho, are in, and shall remain in full force and effect, except that, Article VIII, General Matters, 8.7, is amended as stated herein. 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 in the Development Agreement recorded under Instrument No. 109089345, records of Ada County, Idaho, the modification is agreed to as follows: ARTICLE I MODIFIED GENERAL MATTERS (Strike through text shall be deleted from ARTICLE VIII GENERAL MATTERS pursuant to the Development Agreement recorded under Instrument No. 109089345, records of Ada County, Idaho) ARTICLE II GENERAL MATTERS Enforceable Provisions. The original Development Agreement recorded under Instrument No. 109089345, records of Ada County, Idaho, remains in full force and effect except as modified in Article I herein. Page 1 of 2 KAPlanning DeptT-4e ApplicationARZ&A\2007TZ-01-07 MOD2 da cc fnl ver.doe J Effective Date. This Development Agreement Modification shall be effective after delivery to each of the parties hereto of a fully executed original of this Development Agreement Modification. 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 Modification. DATED this day of p.�, 2016. giw����®�•®rA®rem@�®�®®�®® t I CITY OF EAGLE, a municipal corporation organized and a ender th1- 0 s 7,4ateofIdaho 0% SEAL IfBy: � ��� Stan Ridgeway, Mayor ATTEST: ��•��®�®�� Sharon K. Bergmann, City Clerk STATE OF IDAHO ss. County of Ada ) Owe Dav By: Dav On this \U day of SLS , 2016, before the undersigned notary public in and for the said state, personally appeared DAVID CALLISTER, known or identified to me to be a the Member of David Callister, LLC, the owner 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 Notary Public for Idaho Residing at:w.N.�.'�'� My Commission Expires: - Page 2 of 2 KAPlanning DeptTagle ApplicationARZ&A\2007\RZ-01-07 MOD2 da cc fnl ver doe