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Development Agreement - 2022 - Bridges At Lakemoor Modification To Conditon 3.5 & 3.5.1 (RZ-05-02 MOD7) - 3/22/2022 ---------------- ADA COUNTY RECORDER Phil McGrane 2022-028689 BOISE IDAHO Pgs=l 1 NIKOLA OLSON 03/22/2022 04:23 PM CITY OF EAGLE, IDAHO NO FEE Recording Requested By and 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 LAKEMOOR LAND, LI-C, GRH LAKEMOOR LLC. an Idaho limited liability company, PMAASP STEPHENS LAKEMOOR LI.C, an Idaho limited liability company, and JAI- HOLDINGS IA,C, an Idaho limited liability company (collectively, the "Owner"). WHER-EAS, the Owner is the owner of record of certain real estate which was sub�ject to an application for modification of development agreement, identified as Eagle Rezone Modification Application No. RZ-05-02 MOD7 (The Bridges at Lakernoor)(Development Agreement); and WHEREAS, the proposed development agreement modification includes properties within an area currently zoned M U-DA (Mixed U,I se with a development agreement); and WHEREAS, all provisions with the Development Agreement recorded under Instrument No. 2017- 023755 are in, and shall remain in full force and effect, except that,condition of development 3.5 is amended as stated herein. WHEREAS, Owner has provided Eagle with affidavits agreeing to submit the Property to a development agreement modification (Exhibits Al — 4) pursuant to Eagle City Code Section 8-10- 1(C)(1); 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 in the Development Agreement recorded under Instrument No. 2017-023755, the modification is agreed to as follows: ARTICLE I MODIFIED CONDITIONS OF DEVELOPMENT 3.5 Except for the limitations and allowances expressly set forth above and the other terms of this Agreement, the Property can be developed and used consistent with the Mixed Use District land uses allowed by the Eagle City Code Section 8-2-3 "Official Schedule of District Regulations", existing at the time a design review application or conditional use permit application (whichever the case may be) is made for individual building use. Page 1 of 6 K Tlnz;ing D,:pt,Fkg,le 02&A-O-Q& MOD';da 10 ffif le;.dljc Recording Requested By and 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 LAKEMOOR LAND, LLC, GRH LAKEMOOR LLC, an Idaho limited liability company, PMAASP STEPHENS LAKEMOOR LLC, an Idaho limited liability company, and JAD HOLDINGS LLC, an Idaho limited liability company (collectively, the "Owner"). WHEREAS, the Owner is the owner of record of certain real estate which was subject to an application for modification of development agreement, identified as Eagle Rezone Modification Application No. RZ-05-02 MOD7 (The Bridges at Lakemoor)(Development Agreement); and WHEREAS, the proposed development agreement modification includes properties within an area currently zoned MU-DA (Mixed Use with a development agreement); and WHEREAS, all provisions with the Development Agreement recorded under Instrument No. 2017- 023755 are in, and shall remain in full force and effect, except that, condition of development 3.5 is amended as stated herein. WHEREAS, Owner has provided Eagle with affidavits agreeing to submit the Property to a development agreement modification (Exhibits Al — A4) pursuant to Eagle City Code Section 8-10- I(C)(1); 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 in the Development Agreement recorded under Instrument No. 2017-023755, the modification is agreed to as follows: ARTICLE I MODIFIED CONDITIONS OF DEVELOPMENT 3.5 Except for the limitations and allowances expressly set forth above and the other terms of this Agreement, the Property can be developed and used consistent with the Mixed Use District land uses allowed by the Eagle City Code Section 8-2-3 "Official Schedule of District Regulations", existing at the time a design review application or conditional use permit application (whichever the case may be) is made for individual building use. Page 1 of 6 KA\Planning Depffagle Applications\CPA\2002\CPA-4-02&A-03-02&RZ-5-02 MOD7 da cc fnl ver doc All uses shown as "P" permitted under the MU zoning designation within Eagle City Code Section 8-2-3 "Official Schedule of District Regulations," shall be considered permitted uses and all uses shown as "C" conditional uses under the MU zoning designation shall require a conditional use permit, except that the residential portions of the Property described in Section 3.3 shall not require a conditional use permit. The following uses which are shown as "C" conditional uses under the MU zoning designation within Eagle City Code Section 8-2-3 "Official Schedule of District Regulations," shall be permitted uses on the Property: ■ Commercial Entertainment Facility (Indoor) ■ Hotel ■ Microbrewery ■ Retail Sales (General) ■ Retail Sales (Limited) ■ Winery In addition to all other uses prohibited within said section of Eagle City Code and on the entire Property as noted above,the following uses shall also be prohibited on the Property: ■ Residential, Mobile Home(Single Unit); ■ Residential, Mobile Home(Single Unit Temporary Living Quarters); ■ Residential, Mobile Home Park; ■ Adult Business; ■ Automotive, Mobile Home, Travel Trailers, and/or Farm Implement Sales ■ Cemetery; ■ Circuses and Carnivals; ■ Drive-In Theatre; ■ Equipment Rental and Sales Yard; ■ Kennel; ■ Nursery, plant materials; ■ Riding Academies/Stables; ■ Small Engine Repair; ■ Storage(fenced area); In addition, no more than two (2) Restaurants (with drive-through) use (shown at Shops 3 and Pad I on the Concept Plan, Exhibit B)which is prohibited within said section of Eagle City Code and on the entire Property, as noted above shall be permitted. Such restaurant (with drive through)shall be associated with a fast casual restaurant or coffee shop. Page 2 of 6 KAPlanning DeptTagle Applica[ionsTPA\2002\CPA-0-02&A-03-02&RZ-5-02 MOD7 da cc fnl ver.doc 3.5.1 Owner shall provide a minimum forty-eight inch (48") buffer(berm, decorative block wall, cultured stone, decorative rock, or similarly designed concrete wall) between the drive- through lanes and the adjacent roadway to reduce the impact of the vehicles utilizing the drive-through lanes (i.e. vehicle headlights and vehicle cueing). ARTICLE 11 GENERAL MATTERS Enforceable Provisions. The original Development agreement, instrument number 2017-023755, remains in full force and effect except as modified in Article I herein. 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. IN WITNESS WHEREOF, the parties have executed this Development Agreement Modification. DATED this day of tl�— .2022 CITY OF EAGLE, a municipal corporation organized and existing under the laws of the State of Idaho By: �--- ''.��ys ++�■� J n fierce, Mayor ATTEST: PGLE ` �.••off A T F:� • �S• C) Tracy E. Os A, City'Vle1'X 5 fi`: q ■ •••••• ::::�'�&� OWNER: . o ''•■..�STA`T�,..•'' GRH Lakemoor LLC, an Idaho limited liability company By: GRH Management, LLC, an Idaho limited liability company Its: Manager By: Brian Huffaker, Presig& Lakemoor Land LLC, an Idaho limited liability company By: GRH Management, LLC, an Idaho limited liability company Its: Manager Brian Huffaker, Presid& Page 3 of 6 KAPlanning DeptTagle App1ications\CPA\2002\CPA4-02&A-03-02&RZ-5-02 MOD7 da cc fnl ver doc PMAASP Stephens Lakemoor, LLC,an Idaho limited liability company J By: �.. aul B. ephens, Manager JAD Holdings LLC, an Idaho limited liability company f By: M . � Je e e, Manager T STATE OF IDAHO ) ss. County of Ada ) On this day of , 2022, before the undersigned Notary Public in and for the said state, personally appeared Brian Huffaker, known or identified to me to be the President of GRH Management LLC, the Manager of Lakemoor Land, LLC, that executed the within and foregoing instrument, or the person who executed the instrument on behalf of said limited liability company, and acknowledged to me that such limited liability company executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. V�Lla TESSA TAYLOR Notary Public for Ida COMMISSION#30367 Residing at: b NOTARY PUBLIC My Commission Expires: STATE OF IDAHO Page 4 of 6 KAPlanning DeptTagle ApplicationsTPA\2002\CPA4-02&A-03-02&RZ-5-02 MOD7 da cc fnl ver doc STATE OF IDAHO ) . ss. County of Ada ) On this _�LL day of , 2022, before the undersigned Notary Public in and for the said state, personally appeared Brian Huffaker, known or identified to me to be the President of GRH Management LLC, the Manager of GRH Lakemoor, LLC, that executed the within and foregoing instrument, or the person who executed the instrument on behalf of said limited liability company, and acknowledged to me that such limited liability company executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. TESSA TAYLOR My Commission Expires: COMMISSION#30367 Notary Public for Idaho NOTARY PUBLIC Residing at: ` STATE OF IDAHO STATE OF IDAHO ) ss. County of Ada ) On this _�Jk day of , 2022, before the undersigned Notary Public in and for the said state, personally appeared PAUL B. STEPHENS, known or identified to me to be the Manager of PMAASP Stephens Lakemoor LLC,that executed the within and foregoing instrument, or the person who executed the instrument on behalf of said limited liability company, and acknowledged to me that such limited liability company executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. TESSA TAYLOR Notary Public for Idah COMMISSION#130367 Residing at: NOTARY PUBLIC My Commission Expires: JA STATE OF IDAHO Page 5 of 6 KAPlanning DeptTagle ApplicationsTPA\2002TPA-0-02&A-03-02&RZ-5-02 MOD7 da cc fnl ver.doc STATE OF IDAHO ) . ss. County of Ada ) On this 6&- day of 2022, before the undersigned Notary Public in and for the said state, personally appeared JEFFREY 4 DEVOE, known or identified to me to be the Manager of JAD Holdings LLC, that executed the within and foregoing instrument, or the person who executed the instrument on behalf of said limited liability company, and acknowledged to me that such limited liability company executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. TESSA TAYLOR COMMISSION#3W Notary Public for Id io NOTARY PUBLIC Residing at: STATE OF IDAHO My Commission Expires: Page 6 of 6 KAPlanning DeptTagle App1icationACPA\2002\CPA4-02&A-03-02&RZ-5-02 MOD7 da cc fnl ver.doc EXHIBIT"Al" Affidavit of BRIAN HUFFAKER on behalf of Lakemoor Land,LLC. AFFIDAVIT OF LEGAL INTEREST STATE OF IDAHO ) ) ,s. County of Ada ) BRIAN HUFFAKER, who being first duly sworn under oath, deposes and says: 1. 1 am BRIAN HUFFAKER, who is the President of GRH Management, LLC, the Manager of Lakemoor Land, LLC, whose mailing address is c/o Hawkins Companies, 855 West Broad Street, Suite 300, Boise, ID, 83702 ("Lakemoor Land,LLC"). 2. Lakemoor Land, LLC, is the fee simple owner of the parcel of real property described on Exhibit A, attached hereto(the"Property"). 3. Lakemoor Land, LLC, authorizes the submission of the Property to certain Development Agreement Modification pursuant to the provisions set forth in Idaho Code Section 67- 6511A and Eagle City Code Section 8-10-1 dated the lk day of , 2022 by and between the City of Eagle, a municipal corporation in the State of Idah and Brian Huffaker, Lakemoor Land, LLC. (the"Agreement"). DATED this—L p day of .2022. By: Lakemoor Land, LLC, an Idaho limited liability company By: GRH Management LLC, an Idaho limited liability company, Its: Manager Brian Huffaker, President SUBSCRIBED AND SWORN to before me this�day of 2022. PNOTARYPUBLIC SSA TAYLOR Notary Public for Idaho MISSION#k3W67 daho Residing atTE OF IDAHO My Commission expires71 Page 1 of 1 K:\Planning DeptTagle Applications\CPA\2002\CPA4-02&A-03-02&R7-5-02 MOD7 da affidavit Lakemoor Land.doe EXHIBIT"A2" Affidavit of BRIAN HUFFAKER on behalf of GRH Lakemoor,LLC. AFFIDAVIT OF LEGAL INTEREST STATE OF IDAHO ) ) ss. County of Ada ) BRIAN HUFFAKER, who being first duly sworn under oath, deposes and says: 1. I am BRIAN HUFFAKER, who is the President of GRH Management, LLC, the Manager of GRH Lakemoor, LLC, whose mailing address is c/o Hawkins Companies, 855 West Broad Street, Suite 300, Boise, ID, 83702 ("GRH Lakemoor,LLC"). 2. GRH Lakemoor, LLC, is the fee simple owner of the parcel of real property described on Exhibit A, attached hereto(the "Property"). 3. GRH Lakemoor, LLC, authorizes the submission of the Property to certain Development Agreement Modification pursuant to the provisions set forth in Idaho Code Section 67- 651 1 A and Eagle City Code Section 8-10-I dated the A k 4 day of 15 WRtkaVlt:j—, 2022 by and between the City of Eagle, a municipal corporation in the State of Idaho and Brian Huffaker, GRH Lakemoor, LLC. (the"Agreement"). DATED this day of 12022. By: GRH Lakemoor, LLC, an Idaho limited liability company By: GRH Management, LLC, an Idaho limited liability company, Its: Manager By: Brian Huffaker, Presi ent SUBSCRIBED AND SWORN to before me this L day of , 2022. TESSA TAYLOR Notary Public for Idah COMMISSION#30367 Residing at , Idaho NOTARY PUBLIC STATE OF IDAHO My Commission expires .P'q' Page 1 of 1 K\Planning Dept\Eagle App1ica1ions\CPA\2002\CPA4-02&A-03-02&RZ-5-02 MOD7 da affidavit GRH Lakemo r.doc EXHIBIT "A3" Affidavit of PAUL B. STEPHENS on behalf of PMAASP Stephens Lakemoor,LLC. AFFIDAVIT OF LEGAL INTEREST STATE OF 1DAHO ) ) ss. County of Ada ) PAUL B. STEPHENS, who being first duly sworn under oath, deposes and says: 1. I am PAUL B. STEPHENS, who is the Manager of PMAASP Stephens Lakemoor, LLC, whose mailing address is c/o Hawkins Companies, 855 West Broad Street, Suite 300, Boise, 1D, 83702 ("PMAASP Stephens Lakemoor,LLC"). 2. PMAASP Stephens Lakemoor, LLC, is the fee simple owner of the parcel of real property described on Exhibit A, attached hereto(the "Property"). 3. PMAASP Stephens Lakemoor, LLC, authorizes the submission of the Property to certain Development Agreement Modification pursuant to the provisions set forth in Idaho Code Section 67-6511A and Eagle City Code Section 8-10-1 dated the day of fix 2022 by and between the City of Eagle, a municipal corporation in the State of Ida hp, and Paul B. Stephens, PMAASP Stephens Lakemoor, LLC. (the "Agreement"). DATED this day of , 2022. By: PMAASP Stephens Lakemoor, LLC, and Idaho limited liability company By: E Paul ephens, Manager SUBSCRIBED AND SWORN to before me this_VI4_day of , 2022. TESSA TAYLOR XWL= COMMISSION#30367 Notary ublic for Idaho NOTARY PUBLIC Residing at Idaho STATE OF IDAHO My Commission expires Page 1 of 1 K:\Planning DeptTagle Applications\CPA\2002\CPA4-02&A-03-02&RZ-5-02 MOD7 da affidavit PMAASP doc EXHIBIT"A4" Affidavit of JEFFREY A.DEVOE on behalf of JAD Holdings,LLC. AFFIDAVIT OF LEGAL INTEREST STATE OF IDAHO ) ) ss. County of Ada ) JEFFREY A. DEVOE,who being first duly sworn under oath,deposes and says: 1. I am JEFFREY A. DEVOE, who is the Manager of JAD Holdings, LLC, whose mailing address is c/o Hawkins Companies, 855 West Broad Street, Suite 300, Boise, ID, 83702 ("JAD Holdings,LLC"). 2. JAD Holdings, LLC, is the fee simple owner of the parcel of real property described on Exhibit A, attached hereto(the"Property"). 3. JAD Holdings, LLC, authorizes the submission of the Property to certain Development Agreement Modification pursuant to the provisions set forth in Idaho Code Section 67- 651 lA and Eagle City Code Section 8-10-1 dated the 1(.p day of fe,62 jk4VA j , 2022 by and between the City of Eagle, a municipal corporation in the State of Idaho,a d Jeffrey A. Devoe, JAD Holdings,LLC. (the"Agreement"). DATED this_do day of , 2022. By: JAD Holdings, LLC, an Idaho limited liability company By:(11� W TlfUeVoe, Manager SUBSCRIBED AND SWORN to before me this 2 day of 2022. 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