Development Agreement - 2017 - Featherglen Subdivision - 2/9/2017ADA COUNTY RECORDER Christopher D. Rich 2017.012646
BOISE IDAHO Pgs=3 VICTORIA BAILEY 02/10/2017 10:38 AM
EAGLE CITY NO FEE
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Recording Requested By and 00328882201700126460030038
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 Jayo Development, Inc., ("Owner").
WHEREAS, the Owner is the owner of record of certain real estate located at 135 West Floating
Feather Road, Eagle, Idaho, ("Property"), as specifically defined in Development Agreement recorded
under Instrument No. 2015-074170, which was subject of an application for Rezone previously incorrectly
identified as Rezone Application No. RZ-07-14 and now is correctly identified as Rezone Application No.
RZ-08-14; 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. 2015-
074170, are in, and shall remain in full force and effect, except that, the Rezone Application No. RZ-08-14
and Conditions of Development #3.5, 3.7 and 3.8 are amended as stated herein; 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. 2015-074170, the modification is agreed to as follows with
strike through text to be deleted and underline text to be added:
ARTICLE I
MODIFIED CONDITIONS OF DEVELOPMENT
3.5 The required setbacks shall be as follows:
Front 25 -feet
Rear 4 -525 -feet
Side 5 -feet (Lot 1, 10 -feet located adjacent to the west boundary) ,
Maximum lot coverage 60%
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ARTICLE II
GENERAL MATTERS
Enforceable Provisions. The original Development agreement, instrument number 2015-074170, 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 _ �(' W7.
�.•�A.�''0N41*0'�F CITY OF EAGLE, a municipal corporation organized
(1' �Q O R A T�a •� and ex' ing under t laws of the State of Idaho
By:
Is
�. $� O
• Stan Ridgeway, Mayor
•• ��i rnel�tM: ��•
ATTEST: ''''''�•�a`',
�A 1�- O)DA4,o,��
Sharon K. Bergmann, City Clerk
OWNER:
By: Jayo Development, Inc.
By: ___ Z -- 1 f i
Douglas Jayo, •
�Pr id nt
J
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STATE OF IDAHO )
ss.
County of Ada)
On this j() . day of ` , 2017, before the undersigned notary public in and for
the said state, personally appeare DOUGLAS JAYO, known or identified to me to be the President of
Jayo Development, Inc., 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. 101+u.
p0;'�OT'49�'•tQ Notary ublic for Idaho
Residing at:��.,v,
My Commission Expirs4
Of
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