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Development Agreement - 2015 - Bel Air Eagle - 5/26/2015Recording Requested By and When Recorded Return to: Planning and Zoning Administrator City of Eagle P.O. Box 1520 Eagle, Idaho 83616 SCANNED ADA COUNTY RECORDER Christopher D. Rich 2015-044495 BOISE IDAHO Pgs=16 CHE FOWLER 05/2612015 08:11 AM FEE CITY OF EAGLE 11111111 IlhItllllllllllll IIII 11111611111 1111 III o0 For Recording Purposes Do Not Write Above This: Line AMENDED AND RESTATED DEVELOPMENT AGREEMENT This Amended and Restated 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"), and BEL AIR .EAGLE, LLC, ("Owner"). Upon recordation of this Development Agreement, that .certain Development Agreement recorded in the real property records of Ada County, Idaho, on October 25, 2007, as instrument number # 107145957 (the "Original Development Agreement") shall be void and of no further force or effect WHEREAS, Owner is the owner of record of certain real estate consisting of approximately 22.17 - acres generally Located at the southwest corner of West Old Valley Road and North Linder Road, Ada County Parcel Numbers, R1527451303, R1527451304, R152745I315, and R1527451707,("Property"), as specifically defined in the attached legal description (Exhibit A), and shown on the Concept Plan (Exhibit B), which is a portion of the site subject of an application for rezone, identified as Eagle Rezone Application No. RZ-20-06 and which is subject to an application for modification of development agreement, identified as Eagle Rezone Modification Application No. RZ-20-06 MOD2; and WHEREAS, the proposed development includes properties within an area that, at the time the Original Development Agreement was recorded, was designated on the Land Use Map of the Comprehensive Plan as Mixed Use and zoned MU -DA (Mixed Use with a development agreement); and WHEREAS, Owner desires to develop the Property with a multi -family residential development consisting of 14 -buildings (13 -multi -family buildings containing 300 -dwelling units and one (I) club house) as generally shown on the Concept Plan (Exhibit 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 right 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 9 K141maia5Dept\Ergk ApplisttionARZkM20061RZ.20-06 M0D2 da ea fit! ve.docx WHEREAS, Owner have agreed to the use restrictions and other limitations set forth herein upon the use and development of the Property and has consented to the Mixed Use District ("MU -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, the City Council has determined that, in accordance with Eagle City Code Section 8- 2-1, the Original Development Agreement, as amended and restated by this. Development. Agreement, are to be used in lieu ofthe conditional use process; and WHEREAS, Owner have provided Eagle with affidavits agreeing to submit the. Property to a development agreement (Exhibit C) pursuant to Eagle City Code Section 8-10-1(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 1 LEGAL AUTHORITY This Development Agreement is made pursuant to and in accordance with the provisions of Idaho Code Section 67-651 IA 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. 578 which became effective after its passage, approval, and publication on November 5, 2007. ARTICLE 111 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 design review, preliminary and final plat reviews, condominium 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 Agreement. 3.2 The Concept Plan (Exhibit B) represents the Owner's current concept for completion ofthe Bel Air Eagle project, a multi -family residential 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 Plant, notice shall be provided as may be required by the City. 3.3 The multi -family dwellings (Exhibits D 1-3), club house, and required parking structures 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. Page 2 of 9 KAPianningD:E.AppN...i Z*ASO dbos 3.4 The Owner shad submit a DesigniteView application for the site(airequired by Eagle City Code) and shall comply with alt conditiona:requirecl by the City of Eagle as a part ofthe:Design Review prior to issuance of a zoning certifiCate. : 3,5 The total number of residential units shall not exceed 300 -units in the aggregate. Development of the residential portion of the Property will be permitted and future conditional use permits for the residential development will not be -required.•.: 3.6 The proposed building height of the multi -family structures shall not exceed 43 -feet in height 3.7 Upon completion of the project the following shall apply: (a) Owner shall have the duty to maintain and operate all of the tandacape areas in a competent and attractive manner, including:the watering, mowing, fertilizing and caring for shrubs and trees, in accordance With E4gto city Code; in perpetnity. (b) Parking shall only be allowed in the designated parking areas. (c) Owner shall have the duty to:Maintain-and operate all Of the drive aisles/parking areas including the repair and replacement ofasphalt and sidewalks. (d) The storage of recreational vehicles, utility traders, etcwithin the development shall be prohibited. 3.8 The setbaeks shall bt.as follows: Front (east property Iine) .20 -feet Rear (West property line) 20 -feet Interior Side (south property line) 7.5 -feet Street Side (north property line) 20 -feet Structure: separation 20 -feet Maximum coverage 50% 3.9 Owner's property shall be annexed into the Eagle Sewer District's service bo iwies and Shall comply with all applicable Eagle Sewer District's regulations and conditiOna:kior to the issuance of any building': perMits. A letter of approval shall be provided 6the City from the Idaho Department of Health and Welfare, Division of Environmental Quality, and/or. Central District Health, prior t� iaatninceofany building permits. 3.10 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 app 1 icable), Ada County, and any other appropriate governmental agencies, and shall be in accordance with the Eagle. Comprehensive Plan and City Code-, Applicant agrees all development and improvement of the Property shall comply with rules and regulations pertaining to regulated wetlands. 3,11 Owner shall provide a conservation easement to protect the existing riparian vegetation area located adjacent to the Boise River) from encroachments and/or rettoval. The conservation easement shalt be executed and recorded :prior to. the issuance of a zoning certificate for the construction of buildings on the property:. 3,12 Owner shall provide and construct a minimum 10 -foot wide greenbelt pathway along the portion of the Property located adjacent to the.Boise-River. The specific location and design of the pathway shall be approved by the: city of Eagle Park and Pathway Development Commission prior to submittal of a design review aPpliCatiOri. The greenbelt pathway Shall be located in a recorded pedestrian access easement or easements dedicated to and accepted by Eagle. The greenbelt Page -3 of 9 Kli,ltralini; NADIA ApsplicatitritAtZ&A‘21?061.M.20.06 MOD2 di cc fril ve.doot pathway shall be completed in its entirety prior to the City issuing a Certificate of Occupancy for the multi -family structures. 3.13 Owner shall provide a club house and pool as generally depicted on the Concept Plan. The intent of the club house is to provide a venue for meetings and activities for the residents of the development. The building architecture and associated landscaping shall be reviewed and approved by the Eagle Design Review Board and Eagle City Council prior to the issuance of a certificate of occupancy. 3.14 The landscaped areas (i.e. buffer berms, open areas, and landscaped areas located adjacent to the multi -family structures), shall be irrigated from a pressurized irrigation system, 3,15 Owner shall provide documentation of an approved 404 -Permit for work within any wetlands on site prior to the City issuing a zoning certificate for the property. 3.16 City of Eagle approvals shall be subject to any FEMA requirements. 3.17 Provide the City with documentation showing the location of the easement providing access to the Pioneer Ditch Company irrigation head gate. 3.18 The applicant shall comply with the requirements of the Ada County Highway District (ACRID), including but not limited to approval of access to public roads, drainage system; curbs, gutters, streets, and sidewalks prior to the issuance of building permits. 3.19 Owner shall work with the Eagle Parks and Recreation Director and Eagle Parks and Pathway Development Commission to formalize an agreement for dedication of an area for a "Sportsman Access." The "Sportsman Access" shall contain a paved parking area for a minimum capacity of fifteen (15) vehicles for pedestrian access to the Boise River and the greenbelt pathway from South Linder Road. The applicant shall also be required to stub. central sewer and potable water lines to the site. The formalized agreement shall be provided prior to the submittal of a building permit application. Nothing in this condition shall limit the City from additional site improvements, however, any improvements beyond those stated herein shall be at the sole cost of the City. 3.20 Owner shall be required to pay the required City of Eagle Storage Trunk Line (STL), Water Construction Equivalency (WCE), and water hook-up fees as applied per Equivalent Residential Customer (ERC) at the time of issuance of a building permit for each building. 3,21 Owner shall provide playground equipment (tot lot) to be reviewed and approved by the. Design Review Board. 3.22 Owner shall provide correspondence from Republic Services approving the locations of all proposed trash enclosures. 3.23 Building "B5" (as identified in Exhibit "B") shall be setback 60 -feet from the property line for any portion of the building that is two -stories tail and setback 80 -feet from the property line for any portion of the building that is three -stories tall. 3.24 The parking ratio for the site shall be 1.8 -spaces per residential unit. 3.25 The landscaping located between Building "B5" and Lots 11-13, Block 1, HCR/Level 3 Subdivision shall be heavily landscaped. The landscape plan shall be reviewed and approved by the Design Review Board prior to issuance of a zoning certificate. 3.26 Owner shall exchange approximately 87 -feet of the existing open style fencing located between Lot 10, Block 1, HCR/Level 3 Subdivision and Property with solid style fencing to match the solid style fencing currently located in proximity to the site. The proposed fencing shah be reviewed and. approved by the Design Review Board prior to the issuance of a zoning certificate. 3.27 Owner shall be required to construct a two (2) stall public restroom in proximity to the "Sportsman. Access" The cost of construction of the public restroom shall be reimbursed by City by offsetting Page 4 of 9 X \Plonks DtpeEsee ItAtikatta0XUA'aoorazuLob MOM ds rx rer the required park impact fees received for the project. The public restroom shall be dedicated to City and upon dedication maintained by City.. 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. 67-6511A and Eagle City -Code Section 8-10-1 shall be provided and is incorporatedherein by reference;. ARTICLE V DEFAULT 5.1 In the event the Owners fail to.comply with -the .commitments -set forth herein, within thirty (34)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 shallbe 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 Agreementfor 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 andrecords an ordinance changing the property to the A-R.(Agricultural-Residential) zoning designation. ARTICLE VI UNENFORCEABLE PROVISIONS Subject to terms of Section 53 above, if any term, provision,commitment; or restrictionof this 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(s) (or other appropriate party.) and Eagle. ARTICLE VII ASSIGNMENT AND TRANSFER After its execution., the Development Agreement shall be recordedin 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 appurtenantto and for the benefit of the Property, adjacent property, and other residential property near the Property and shall run with the land. 'Phis Development Agreement shall be binding on the Owner and owners, and -their 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 obligationsin connectionwith the property sold arising under this Agreement. The new owner of the Property .or any portion thereof (including, Page5of9 K1PlannieY o AWWinttoatlilZ&At2006111740.06 MOD2 da to fnl.va do x: without limitation, any owner who acquires its interest by foreclosure, trustee's sale ar otherwise) shall be bound by and liable for all commitments and other obligations arising under this Agreement with respect to the Property ar 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 67-6549, as required by Eagle City Code Section 8-10-1. 8.2 Paragraph readings. 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 in effect at the time of the execution of this Development Agreement. Any action brought inconnection with this Development Agreement shall be brought in a court of competent jurisdiction located in Ada County, Idaho... 8.4 Leual 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 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: City of Eagle 660 E. Civic Lane Eagle, Idaho 83616 Owner: Bel Air ,Eagle, LLC Attn: Ronnie Guerrero 2500 North Dallas Parkway, Suite 424 Plano, Texas 75093 Or such otheraddress 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 Flpanct#,l,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 defened balance of the attorney fees and the engineering fees, together with interest accrued thereon. Eagle shall provide to the Owners an estimate for the anticipated attorney fees and engineering fees associated with this Agreement, The Owners 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 ternts of this Agreement. Thereafter, Eagle shall 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 trade a cash deposit with Eagle, Eagle may draw on the Page 6 of K IPI wtin6 De~ AppIisztiwt7t.7kA120O6SP2.2C-06 MOM da Sc f01 vnf do= deposit to pay its invoice. If the financial..assurance. deposited by Owners is in the form of a. letterof credit, and if the Owners fail 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 the Owners. Thereafter; if the then current estimated fees still to be paid exceeds the amount.ofthethen current balance of the financial=assurance (whether it be. in the form of a cash depositor a letter of credit),the Owners shall replenish- the financial assurance:and shall: become current aS to all outstanding fees owed. Upon payment in frit! of all attorney fees and engineering fees, Eagle.shall release to the Owners 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 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 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 suretyffinancial guarantee of performance,:collected pursuant to Section 8.6 of this Development Agreement and :Section 94-2=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 signning and execution of this agreement by both parties. 8.9 Authority to Enter into Aareement: Ey 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) resolutions) 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. DATED this day of l'9LLU{ , 20I5. CITY OP EAGLE, a municipal corporation organized and existing under the laws of the Sta e of Idaho By, es D. Reynold Page7of9 K. -Thinning DepiEigk AppliwiorulR7.&A22006NRZ 20.06 MOD2 de ce N rer.docx or ATTEST: By: Sharon K. Bergmann,'.City Clerk STATE OF IDAHO County of Ada Owner: Bel Air EagJ 4:Li By Ronny. Guerrero, President & CEO On this. Pf day of i ;.2015, before the undersigned notary public in and for the said state, personally appeared hffES D. REYNOLDS, known or identified to me to be the Mayor of the City of Eagle and the person who executed the foregoing instrument on behaifofsaid City and acknowledged to me that said City executed the same. IN WITNESS WHEREOF, t have -.hereunto set my hand and seal the day and year first above written. STATE OF TEXAS : ss. County of Dallas Notary Pu o.ld Residing a My Commissi ' n Expires: OO V •rI 6y ♦\ p', RY , ^• Q. , • •. PO' °J vytl 1 T R a1ti On this 5 day of t , 2015, before the undersigned notary public in and for the said state, personally appeared 110IwN?G1JERRERO, known or identified to me to be the President and CEO of Bel Air Eagle, LLC, that executed the within and foregoing instrument, or the person .who. executed the instrument on behalf of said corporation, and acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, 1 have hereunto set my hand and seal the day and year first above written. NATALYA S: KNAZANQVICH '' t - Notary Public; State of Texas , MY Commission Expires 7;*;;;;.?December:08, Z017 Notary Pub c, State of Texas Residing at: r Carl t My Commission Expires: � e, zoo Page 8 of 9 K Mooing D p \Esgla Applica ion,.R1&AL0061RZ4O.O6 MOD2 da cc rad w.dacs INDEX OF EXHIBITS A Legal Description of Property B Concept Plan of Property C — Affidavit of Owner Agreeing to Submit Property to Development Agreement D(1-3) — Typical Housing Styles Page 9 of 9 K iPtinairgD' Apptiaxion wztakzooa RZ4346bwi 2 daec ra ve..rroa EXHIBIT "A" March 26, 2015 DESCRIPTION FOR BEL AIR EAGLE A parcel of land being a portion of Lots 13 and 14 of the Compton Andrew Tract as filed in Book 5 of plats at Page 223, records of Ada County, Idaho located in the SE 1/4 of the SE 1/4 of Section 11 and a portion of Govemment Lots 1 and 12 of Section 14, T.4N., R.1W., B.M., Eagle, Ada County, Idaho, more particularly described as follows: Commencing at the SE corner of said Section 11 from which the E1/4 comer of said Section 11 bears North 00°49'06" East, 2645.31 feet; Thence North 89°27'45" West, 48.00 feet to a point on the West right-of-way line of N. Linder Road, said point being the REAL POINT OF BEGINNING; Thence along said West right-of-way line South 00°40'45" West, 1,172.02 feet to a point on the mean high water line of the right bank of the Boise River; Thence leaving said West right-of-way line and along said mean high water line the following 5 courses: Thence North 82°19'21" West, 138.55 feet; Thence North 35°37'28" West, 63.97 feet; Thence North 70°07'08" West, 229.91 feet; Thence North 63°08'47" West, 122.49 feet; Thence North 38°24'28" West, 168.75 feet to a point on the West boundary line of Lot 14 of said Compton Andrew Tract; Thence leaving said mean high water line and along said West boundary line North 00°40'36" East, 1,298.40 feet; Thence leaving said West boundary line North 89°34'47" East, 170.00 feet; Thence North 00°40'36" East, 100.00 feet to a point on the South right-of-way line W. Old Valley Road; Thence along said South right-of-way line North 89°34'47" East, 440.38 feet to a point on the West right-of-way line of N. Linder Road; Thence along said West right-of-way line South 00°49'06" West, 567.16 feet to the REAL POINT OF BEGINNING. Containing 22.18 acres, more or less. RECEIVED & FILED CITY OF EAGLE DEC IOn1i{4M a 'C1 or.g. •arm a4.emr m X ao --1 OD PRELIMINARY DEVELOPMENT FEATURES TOTAL ACRES.. 22.18 AC COMMON/OPEN SPACE (MATED) 5.31 AC 23.94% COMMON/OPEN SPACE (NON IRRIGATED)_..._.._8.10 AC 36.52% TOTAL OPEN SPACE. ..... 13.42 AC. 60.5% POND AREA. 4.62 AC. 20.82% BUILDINGS AREA ._. 2.87 AC. 12,94% HARDSCAPE AREA. 5.89 AC. 26.56% f i Developmentertnres ISHEADWATEREUR EAC.E, PENN ` -- EXIIIBIT "C" Affidavit of RONNIE GUERRERO on behalf of Bel Mr Eagle, LLC AFFIDAVIT OF LEGAL INTEREST STATE OF TEXAS ) ) ss. County -of Dallas ) RONNIE GUERRERO, who being first duly sworn under oath, deposes and says: 1.. I am RONNIE GUERRERO, who is the President of Bel Air Eagle, LLC, whose mailing address is 2500 North Dallas Parkway, Suite 424, Plano, Texas, 75093 ("BEL AIR EAGLE, LLC"). 2. Bei Air Eagle, LLC, is the fee simple owner of the parcel of real property described on Exhibit 1, attached hereto (the "Property"). 3. Bel Air Eagle, LLC, authorizes the submission of the Property to certain Development Agreement pursuant to the provisions set forth in Idaho Code Section 67-6511A and Eagle City Code Section 8-10-1 dated the day of , 2015 by and between the City of Eagle, a municipal corporation in the State of Idaho, and Ronnie Guerrero, Bel Air Eagle, LLC (the "Agreement"). DATED this day of , 2015. By: Bel Air Eagle, LLC By: Ronnie Guerrero, resident SUBSCRIBED AND SWORN to before me this , day of /teerl , 2015.. �Q S > Notary Public, State of Texas Residing atc-,-Texas My Commission expiresae d.#2!3- • o�,�r►k ' NATA IYA S: KHAZANOMH rj :" Notary Public,.State Of. Texas ,;? .. My.Commnission Expires:: y:fei,* :.:.. Decertiber 08, 201 7 Page 1 of 1 ;Miming uept►E6gtt• AppGeaiees1RZ&Ati2006\RZ-2046 MOD2 da affidavit doe EXHIBIT "1" March 26, 2015 DESCRIPTION FOR BEL AIR EAGLE A parcel of land being a portion of Lots 13 and 14 of the Compton Andrew Tract as filed in Book 5 of plats at Page 223, records of Ada County, Idaho located in the SE 1/4 of the SE 1/4 of Section 11 and a portion of Government Lots 1 and 12 of Section 14, T.4N., R.1W., B.M., Eagle, Ada County, Idaho, more particularly described as follows: Commencing at the SE corner of said Section 11 from which the E1/4 comer of said Section 11 bears North 00°49'06" East, 2645.31 feet; Thence North 89°27'45" West, 48.00 feet to a point on the West right-of-way line of N. Linder Road, said point being the REAL POINT OF BEGINNING; Thence along said West right-of-way line South 00°40'45" West, 1,172.02 feet to a point on the mean high water line of the right bank of the Boise River; Thence leaving said West right-of-way line and along said mean high water line the following 5 courses: Thence North 82°19'21" West, 138.55 feet; Thence North 35°37'28" West, 63.97 feet; Thence North 70°07'08" West, 229.91 feet; Thence North 63°08'47" West, 122.49 feet; Thence North 38°24'28" West, 168.75 feet to a point on the West boundary line of Lot 14 of said Compton Andrew Tract; Thence leaving said mean high water line and along said West boundary line North 00°40'36" East, 1,298.40 feet; Thence leaving said West boundary line North 89°34'47" East, 170.00 feet; Thence North 00°40'36" East, 100.00 feet to a point on the South right-of-way line W. Old Valley Road; Thence along said South right-of-way line North 89°34'47" East, 440.38 feet to a point on the West right-of-way line of N. Linder Road; Thence along said West right-of-way line South 00°49'06" West, 567.16 feet to the REAL POINT OF BEGINNING. Containing 22.18 acres, more or less. (AMERICAN COMMUNITIES RECEIVED & eiLED CITY OF EAGLE DEC 18 2014 FIIe• Route to. Glancey. Rockwell & Associates Ar:hitecture • Planning Eagle, Idaho RECEIVED & FILED CITY OF EAGLE DEC 18 2014 AMERICAN COMMUNITIES . 11.11131H Glancey . Rockwell & Associates Architecture • Planning Eagle, Idaho F RECEIVED & FILED CITY OF EAGLE AMERICAN COMMUNITIES a.,11: 5 v Glancey • Rockwell & Associates Archirectuie • Plannum • Eagle, Idaho