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Development Agreement - 2017 - Riverside SR Development - 3/2/2017Recording Requested By and When Recorded Return to: City of Eagle 660 E. Civic Lane P.O. Box 1520 Eagle, Idaho 83616 ADA COUNTY RECORDER Christopher D. Rich 2017-032372 BOISE IDAHO Pgs=10 BONNIE OBERBILLIG 04/14/2017 09:43 AM EAGLE CITY NO FEE 1111111 11111 I3I2I0I71033V1010 111 111 DEVELOPMENT AGREEMENT For Recording Purposes Do Not Write Above This Line This 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" or "City"), by and through its Mayor, and Riverside SR Development Company, LLC ("Owner"). WHEREAS, Owner is the owner of record of certain real estate located southeast of Merrill Park and adjacent to the southern boundary of Merrill Park approximately 250 feet east of the intersection of Shore and 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-11-16; and WHEREAS, the proposed development includes properties within an area currently zoned MU (Mixed Use); and WHEREAS, Owner desires a MU -DA (Mixed Use with a development agreement zoning classification to develop a senior living facility use on the Property; and WHEREAS, the Planning and Zoning Commission and the City Council of Eagle have determined that the scope of any senior living facility project upon 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, 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 \RZ&A\2016\R2-11-16 Riverside SR Development da cc fill ver .docx WHEREAS, Owner has provided Eagle with an affidavit agreeing to submit the Property to a Development Agreement (Exhibit B) 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. 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 has adopted an ordinance amending the Eagle Zoning Ordinance to rezone the Property to MU -DA, subject to the provisions of this Development Agreement. Ordinance #555 became effective after its passage, approval, and publication September 18, 2006, and Ordinance #555 will continue to be effective after the execution and recordation of this Development Agreement. ARTICLE III CONDITIONS ON 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 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 within this Development Agreement. 3.2 The Concept Plan (Exhibit C) represents Owner's current concept for completion of the "Project." As the Concept Plan evolves, the City understands and agrees that certain changes in that concept may occur or be required. 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. 3.3 The senior living facility 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. 3.4 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 issuance of a zoning certificate. 3.5 The proposed building height shall not exceed 43 -feet in height. All mechanical units associated with the facility shall be roof mounted. 3.6 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. Page 2 of 8 K:\Planning Dept\Eagle Applications \RZ&A\2016\RZ-11.16 Riverside SR Development da cc fnl ver .docx 3.7 The Concept Plan (Exhibit C) shows the locations for all buildings within the development. The Setbacks shall be as follows: Front (North Property Line): Sides (East and West Property Line): Rear (South Property Line): 20 feet 7.5 feet 20 feet 3.8 Owner shall have the duty to maintain and operate all of the common landscape areas and access easement from East Riverside Drive 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. 3.9 All parking associated with the senior living facility shall only be allowed in the designated parking areas located onsite. 3.10 Property shall be annexed into the Eagle Sewer District's service boundaries and shall comply with all applicable Eagle Sewer District's regulations and conditions prior to the issuance of any building permits. 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, prior to issuance of any building permits. 3.11 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. Owner agrees all development and improvement of the Property shall comply with rules and regulations pertaining to regulated wetlands. In the event development is proposed within the regulated wetlands Owner shall provide documentation of an approved 404 - Permit for any work within any wetlands on site prior to the City issuing a zoning certificate for the property. 3.12 Owner shall provide a common area plaza as generally depicted on the Concept Plan. The intent of the plaza is to become a focal point of the development with an adequate area for gathering, walking paths, benches, seat walls, and lighting to create a sense of place and identity for the core area of the development. The landscaping may include shrubs, flowers, water features, etc., and shall be reviewed and approved by the Eagle Design Review Board prior to the issuance of a zoning certificate. 3.13 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. 3.14 The Property is designed to allow for access connecting this Property to East Riverside Drive utilizing an existing perpetual access easement which crosses City -owned property near the east end of Reid Merrill Community Park and East Riverside Drive. The easement area shall be improved with an access drive, landscape island, and overflow parking for Reid Merrill Community Park, including a sidewalk from the handicap parking stalls to the Property and a sidewalk segment leading to the existing pathway in Reid Merrill Community Park, as shown on Exhibit C (attached hereto) prior to the issuance of an occupancy permit. Maintenance of the improvements within the easement area shall be conducted by Owner. Owner may petition the City for a shared maintenance agreement which addresses maintenance of the overflow parking area. Any maintenance agreement shall be approved by the City Council. A revised site plan showing the improvements required herein shall be provided prior to execution of the development agreement. Page 3 of 8 K:\Planning Dept\Eagle Applications\RZ&A\2016\RZ-11-16 Riverside SR Development da cc fill ver .docx 3.15 Upon completion of the improvements required herein, Owner shall replace the fence located west of the access easement area prior to the issuance of an occupancy permit. The style of the fence shall be reviewed and approved by the Design Review Board prior to installation. 3.16 Owner shall provide a maintenance access for the City of Eagle (for maintenance of the greenbelt pathway), from Riverside Drive to the paved greenbelt pathway along the Boise River as required in the Eagle Comprehensive Plan. The configuration of the access through the Property shall be reviewed and approved by the Eagle Parks and Pathway Development Committee, the Design Review Board, and City Council prior to the issuance of a zoning certificate. 3.17 City of Eagle approvals shall be subject to any FEMA and Eagle City Code Title 10, Flood Control requirements. ARTICLE IV AFFIDAVIT OF PROPERTY OWNERS An affidavit of the owner(s) of the Property is attached hereto and incorporated by reference herein agrees to subject the Property to this Development Agreement (Exhibit B) and be bound thereby, and comply with and be bound by 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 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 and in accordance with the notice and hearing provisions of Idaho code Section 67-6509. 5.2 If required to proceed in a court of law or equity to enforce any provision of this Development Agreement, the prevailing party 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 reasonable attorneys' fees and court costs. 5.3 In the event this Development Agreement is terminated pursuant to this Article V, 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 UNENFORCEABLE PROVISIONS If any term, provision, commitment, or restriction of this Development 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 (or other appropriate party) and Eagle. Page 4 of 8 K:\Planning Dept\Eagle Applications 'RZ&At2016\RZ-1 1-16 Riverside SR Development da cc fill ver .docx 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 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 and shall run with the land. This Development Agreement shall be binding on Owner, and its 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 portion of the Property sold arising under this Development 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 Development 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 m 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. 8.4 Legal Representation. Both 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: Owner: City of Eagle 660 E. Civic Lane Eagle, Idaho 83616 Riverside SR Development Company, LLC c/o The Wolff Company II, LLC 6710 E. Camelback Road Suite 100 Scottsdale, AZ 85251 Page 5 of 8 K:\Planning Dept\Eagle Applications \RZ&A\2016\RZ-11-16 Riverside SR Development da cc fnl ver .docx 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 Financial Assurance. In addition to the other remedies afforded Eagle herein, Owner agrees to provide adequate financial assurance to Eagle, to secure the payment of any deferred balance of the attorney fees and the engineering fees, together with interest accrued thereon. Eagle shall provide to Owner an estimate for the anticipated attorney fees and engineering fees associated with this Development Agreement. Owner shall provide a cash deposit, letter of credit or a bond in the amount of the estimated fees associated with the work undertaken pursuant to the terms of this Development Agreement. Thereafter, Eagle shall bill Owner for such fees, adjusting the estimates as appropriate. Owner shall make payments for such fees as incurred by Eagle and as invoiced to Owner or, if Owner has made a cash deposit with Eagle, Eagle may draw on the deposit to pay its invoice. If the financial assurance deposited by Owner is in the form of a letter of credit, and if Owner fails to make payment for such fees when actually incurred by Eagle and invoiced, then following thirty (30) days of written notice of such failure from Eagle, Eagle may draw upon the financial assurance provided by Owner. Thereafter, if the then current estimated fees still to be paid exceeds the amount of the then current balance of the financial assurance (whether it be in the form of a cash deposit or a letter of credit),Owner shall replenish the financial assurance and shall become current as to all outstanding fees owed. Upon payment in full of all attorney fees and engineering fees, Eagle shall release to Owner the unused portion of the cash deposit or the letter of credit, as applicable. Eagle's draw upon the financial 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 Owner fails to comply with the terms and conditions hereof in any material respect, the City may, without further notice to Owner, 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 Project; 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 9-4-2-2 of the City Code; F. Bring an action for damages, injunctive relief, specific performance or any other remedy available at law 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 shall be effective upon the signing and execution of this Development Agreement by both parties. 8.9 Authority to Enter Into Agreement. By the execution and delivery of this Development 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 Page 6 of 8 K:\Planning Dept\Eagle Applications \RZ&A\2016\RZ-11-16 Riverside SR Development da cc fnl ver .docx corporate (or LLC) resolution(s) have been executed for the undersigned representatives to sign this Development Agreement and so bind their respective parties. 8.10 Counterparts. This Development Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which shall constitute one and the same document. IN WITNESS WHEREOF, the parties have executed this Development Agreement. P DATED this f- ' day of 4 L ij , 2017. EAGLE: CITY OF EAGLE, a municipal corporation organized and existing under the laws of the State of Idaho By: i� Stan Ridgeway, Mayor OWNER: RIVERSIDE SR DEVELOPMENT COMPANY, LLC, a Delaw e 1 J 'ted 1' . • ility � pany By: H. Curtiss'Keller, ecretary ATTEST: .•`, OF E ,,'•. eo•s'1.,..•••:;,C� G,oSlpORq Sharon . Bergmann, City Clerk . •V *S �•� :*: : SEAL,; • STATE OF ARIZONA ) ‘'•.,�'4,1E,,,F;QP•.•'`• ) ss. County of Maricopa ) On this 2,2.42' day of Y►rl cu -c. -h , 2017, before me, the undersigned, a Notary Public in and for said State, personally appeared H. CURTIS KELLER, known or identified to be the Secretary of Riverside SR Development Company, LLC, the limited liability company that executed the 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. year n IN WITNESS WHEREOF, I have hereunto s TERESA ORPET Notary Public - Arizona Maricopa County My Comm. Expires Dec 17. 2017 my hand and affixed my official seal the day and 7e-ao1-' Notary Public Lor !4ri Z.ora, Residing at: Hier/1i u My Commission Expires: _a.- I -1 Page 7 of 8 K:\Planning Dept\Eagle Applications\RZ&A\2016UtZ-11-16 Riverside SR Development da cc fnl ver .docx EXHIBIT A Legal Description of Property A parcel of land lying in Government Lot 3 of Section 16, Township 4 North, Range 1 East, Boise Meridian, Ada County, Idaho, more particularly described as follows: Commencing at the Northeast corner of Government Lot 3 (center -North 1/16 corner) of Section 16, Township 4 North, Range 1 East, Boise Meridian; thence South 00°46'13" West, 190.95 feet along the East line of Government Lot 3 to the REAL POINT OF BEGINNING of this description; thence continuing South 00°46'13" West, 457.41 feet along the East line of Government Lot 3 to a point; thence South 67°44'36" West, 421.41 feet to a point; thence South 83°11'50" West, 93.00 feet to a point; thence North 01°38'17" West, 23.28 feet to a point; thence North 00°59'44" East, 471.87 feet to a point; thence North 43°15'18" East, 103.60 feet to a point; thence North 66°24'04" East, 137. 93 feet to a point; thence North 89°32'44" East, 283.60 feet to the REAL POINT OF BEGINNING of this description. TOGETHER WITH any ingress/egress easement rights that are appurtenant thereto as noted and dedicated on the plat of Mixed Use Subdivision - No. 1, according to the official plat thereof, filed In Book 83 of Plats at Page(s) 9068 through 9072, records of Ada County, Idaho. Page 8 of 8 K:'Planning Dept \Eagk Applications \RZ&A\2016\RZ-11-16 Riverside SR Development da cc fnl ver .docx EXHIBIT "B" Affidavit of H. CURTIS KELLER on behalf of Riverside SR Development Company, LLC. AFFIDAVIT OF LEGAL INTEREST STATE OF ARIZONA ) ss. County of Maricopa H. CURTIS KELLER, who being first duly sworn under oath, deposes and says: 1. I am H. CURTIS KELLER, who is the Secretary of Riverside SR Development Company, LLC, whose mailing address is 6710 E. Camelback Road, Suite 100, Scottsdale, AZ, 85251 ("Riverside SR Development Company, LLC"). 2. Riverside SR Development Company, LLC, is the fee simple owner of the parcel of real property described on Exhibit 1, attached hereto (the "Property"). 3. Riverside SR Development Company, LLC, authorizes the submission of the Property to certain Development Agreement pursuant to the provisions set forth in Maho Code Section 67-6511A and Eagle City Code Section 8-10-1 dated the 7 day ofZf1 1 , 2017 by and between the City of Eagle, a municipal corporation in the State of Idaho, and H. Curtis Keller, Riverside SR Development Company, LLC. (the "Agreement"). DATED this i 7. day of �� �' Gh+ , 2017. By: Riverside SR Development Company, LLC By: (L( H. Curtis Keller, Secretary SUBSCRIBED AND SWORN to before me thisZ2'day of 01,04-01,‘ 1v1 , 2017. a TERESA ORPET Notary Public - Arizona Maricopa County My Comm. Expires Dec 17, 2017 ▪ Notary Public for Arizona • Residing at P`1Dv My Commission expires 12. eatiema— illi Page 1 of 1 K\Planning Dept\Eagle Applications \RZ&A\20I6\RZ• I 1-16 Riverside SR Development da afdavit.doc