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Development Agreement - 2005 - Corrente Bello Subd - 12/29/2005Pe—record wA crtfackmeitts Recording Requested By and When Recorded Return to: Planning and Zoning Administrator City of Eagle P.O. Box 1520 Eagle, Idaho 83616 ADA COUNTY RECORDER 1VID NAVARRO BOISE IDAHO 12/22/05 01: PM DEPUTY Patti Thompson RECORDED—REQUEST OF City of Eagle re-record AMOUNT .00 7 105195255 ADA COUNTY RECORDER J. DAVID NAVARRO AMOUNT .00 20 BOISE IDAHO 12/29/05 01:43 PM DEPUTY Patti Thompson 1111111111111111111111111111111111111 RECORDED—REQUEST OF City of Eagle 105198353 DEVELOPMENT AGREEMENT dCANNELJ For Recording Purposes Do Not Write Above This Line This Development Agreement, made and entered into on the date indicated herein, by and between the City of Eagle, a municipal corporation in the State of Idaho ("Eagle"), by and through its Mayor, and Gemstar Development, Inc., LLC, and Carmen, LLC, ("Owners"). WHEREAS, the Owners are the owners of record of certain real estate located on the north side of West Floating Feather Road approximately 1/2 (one-half) mile west of Eagle Road, 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-07- 05; and WHEREAS, the proposed development includes property within an area currently zoned R -E (Residential — Estates District); and WHEREAS, the Owners desires an R -3 -DA (Residential Three with a development agreement) zoning classification to develop a single family residential development on the above described property, which is herein referred to as the "Property"; and WHEREAS, the Planning and Zoning Commission and the City Council of Eagle have determined that the scope of the proposed use upon the Property must be limited 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 Page 1 of 7 Corrente Bello DA doc WHEREAS, the Owners have agreed to the use restrictions and other limitations set forth herein upon the use and development of the Property and has consented to an R -3 -DA (Residential Three with a development agreement) zoning designation for the Property with the requirements set forth in this Development Agreement; and WHEREAS, the Owners have previously provided Eagle with an affidavit agreeing to submit the Property to a Development Agreement pursuant to Eagle City Code Section 8-10- 1(C)(1); and WHEREFORE, the Owners 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 herein, it is agreed as follows: ARTICLE I LEGAL AUTHORITY 1.1 Eagle will adopt an ordinance amending the Eagle Zoning Ordinance to rezone the property that is the subject of the application to an R -3 -DA (Residential Three with a development agreement) zoning designation, after recordation of, and subject to the provisions of this Development Agreement. The ordinance will become effective after its passage, approval, and publication and the execution and recordation of this Development Agreement. ARTICLE II CONDITIONS OF DEVELOPMENT 2.1 The maximum density for the Property shall be 1.15 -dwelling units per acre (109 single family lots), including the existing residential dwelling. 2.2 The existing single family dwelling shall be included as a part of any subdivision proposed for the property. 2.3 The minimum lot size for the existing house site shall be 9.5 -acres. 2.4 Eagle hereby acknowledges that the attached Site Plan (Exhibit "B") and Tuscan architectural styles (Exhibit "C") represents an example of the property owners' current concept for the site and understands and agrees that changes in that concept will likely occur. The property owners also understand and agree that any changes regarding development of the site must be in conformance with the "Conditions of Development" stated herein. 2.5 The development shall comply with the Eagle City Code, as it exists in final form at the time a design review application is made, including compliance with all of the conditions as provided within this development agreement. Page 2 of 7 Corrente Bello da cc version.doc 2.6 The property owners shall remove the nine (9) accessory structures located near the southeast corner of the Property from the site prior to the issuance of any building permits for the site. Demolition permits shall be obtained prior to the removal of said structures. 2.7 The homes to be constructed on Lots 24,25,27,32 and 33, Block 1, (as shown on the Preliminary Plat, date stamped by the City on May 19, 2005), shall not exceed one-story in height (25 -feet maximum height excluding daylight basement). ARTICLE III AFFIDAVIT OF PROPERTY OWNERS 3.1 An affidavit of all owners of the Property agreeing to submit the Property to this Development Agreement and to 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 IV DEFAULT 4.1 In the event the Owners 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. 4.2 If required to proceed in a court of law or equity to enforce any provision of this Development Agreement, Eagle 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 attorneys' fees and court costs. ARTICLE V UNENFORCEABLE PROVISIONS 5.1 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 terminate and the zoning of the property shall revert to the R -E (Residential — Estates) zoning designation unless the portion of this instrument determined to be invalid or unenforceable is re -negotiated in good faith between the Owners (or other appropriate party) and Eagle as an amendment to the Development Agreement processed in accordance with the notice and hearing provisions of Idaho Code Section 67- 6509, as required by Eagle City Code Section 8-10-1. Page 3 of 7 Corrente Bello da cc version.doc ARTICLE VI ASSIGNMENT AND TRANSFER 6.1 After its execution, the Development Agreement shall be recorded in the office of the County Recorder at the expense of the Owners. 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, adjacent property, and other residential property near the Property and shall run with the land. This 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 obligations in connection with the property sold arising under this 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 liable for all commitments and other obligations arising under this Agreement with respect to the Property or portion thereof. ARTICLE VII GENERAL MATTERS 7.1 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. 7.2 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. 7.3 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 in connection with this Development Agreement shall be brought in a court of competent jurisdiction located in Ada County, Idaho. 7.4 Legal Representation. Both the Owners 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. 7.5 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 Page4of7 Corrente Bello da cc version.doc below; Eagle: City of Eagle 310 E. State St. Eagle, Idaho 83616 Owners: Gemstar Development, Inc. 228 East Plaza Street Eagle, Idaho 83616 Carmen, LLC 3433 North Holl Drive Eagle, Idaho 83616 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. 7.6 Effective Date. This Development Agreement shall be effective upon the signing and execution of this agreement by both parties. 7.7 Termination. This agreement terminates upon completion of Conditions of Development or after 7 -years after the Effective Date, whichever occurs first. IN WITNESS WHEREOF, the parties have executed this Development Agreement. DATED this / 2 day of jgiLv 005. CITY OF EAGLE, a municipal corporation or • nized and existing under the laws of the State of Id• o .!BY: Nancy C . Merril/ Mayor • F ti ......e. i' OOe 0 f.Tie'•�* •\: • • cos 1, qt •., •4• 0i �.• Page 5 of 7 •••.,STATE "�#t rrente Bello da cc version doc Gemstar Development, c., LLC By: Steve Schmidt, Managing Member Carmen, L By: Gerald Rall, Member STATE OF IDAHO ) . ss. County of Ada) On this -day of !' �e[, 2005, before the undersigned notary public in and for the said state, personally appeared NANCY C. MERRILL, known or identified to me to be the Mayor of the City of Eagle and the person who executed the foregoing instrument on behalf of said City and acknowledged to me that said City executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. Notary Public for Idaho Residing at: f � r lr �aAA 1 My Commission Expires: tf-- 7 1p g STATE OF IDAHO ) . ss. County of Ada) On this J day of j\}a (ti)n..12,4 , 2005, before the undersigned notary public in and for the said state, personally appeared STEVE SCHMIDT, MANAGING MEMBER, GEMSTAR DEVELOPMENT, INC., LLC, known or identified to me to be an owner of the property referenced herein and the person(s) who executed the foregoing instrument. Page 6 of 7 Corrente Bello da cc version dr.c IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. ,,•,,,,,,,,,,,,,,, ••••• . LOpF ,,• . • Notary '� blic fo daho #OTARp. Alba OP 4°061.%G STATE OF IDAHO ) . ss. County of Ada) Residing at: F1 f c)J My Commission Expires: �} On this day of 2005, before the undersigned notary public in and for the said state, personally appeared GERALD HALL, MEMBER, CARMEN, LLC, known or identified to me to be an owner of the property referenced herein and the person(s) who executed the foregoing instrument. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. •.N j. LOP; •. • .00 • • Notary li'ublic foaho Residing at: p(j Q Q� , J Q Q My Commission Expires: DI - pal - a D Page 7 of 7 Corrente Bello da cc version doc EXHIBIT "A(1)" LEGAL DESCRIPTION: PARCEL A: The South half of the Southwest quarter and the Northeast quarter of the Southwest quarter of Section 5, Township 4 North, Range 1 East, Boise Meridian, Ada County, Idaho. EXCEPTING THEREFROM THE FOLLOWING DESCRIBED LAND: A parcel of land lying in the Southeast quarter of the Southwest quarter of Section 5, Township 4 North, Range 1 East, Boise Meridian, City of Eagle, Ada County, Idaho, more particularly described as follows: Commencing at the Section corner common to Sections 5, 6, 7 and 8 of Township 4 North, Range 1 East, Boise Meridian, being marked by a brass cap monument; thence South 89°14'37" East, along the Section line common to said Sections 5 and 8 for a distance of 1327.37 feet to the West 1/16th corner common to said Section 5 and 8: thence continuing South 89°14'37" East along said Section line for a distance of 135.02 feet to the REAL POINT OF BEGINNING; thence North 0°21'05" West along a line which is parallel to and 135.00 feet Easterly of the West line of the Southeast quarter of the Southwest quarter of said Section 5, for a distance of 1279.04 feet; thence North 89°38'43" East for a distance of 1192.04 feet to a point on the East line of the Southwest quarter of said Section 5; thence South 0°21'17" East along the East line of said Southwest quarter for a distance of 1162.22 feet; thence South 89°38'43" West for a distance of 100.00 feet; thence South 0°21'17" East for a distance of 138.00 feet to a point on the Section line common to said Sections 5 and 8; thence North 89°14'37" West along said Section line for a distance of 1092.32 feet to the REAL POINT OF BEGINNING. FURTHER EXCEPTING THEREFROM THE FOLLOWING DESCRIBED LAND: A parcel of land lying in the Southeast Quarter of the Southeast Quarter of the Southwest Quarter of Section 5, Township 4 North, Range 1 East, Boise Meridian, Eagle City, Ada County, Idaho, more particularly described as follows: Commencing at the section corner common to Sections 5, 6, 7 and 8 of Township 4 North, Range 1 East, Boise Meridian, being marked by a brass cap monument in the centerline of W. Floating Feather Road; thence South 89°14'37" East along the section line common to said Sections 5 and 8, said line also being the centerline of W. Floating Feather Road, for a distance of 2,654.73 feet to the quarter section corner common to said Sections 5 and 8, marked by a brass cap monument, said point being the REAL POINT OF BEGINNING; thence North 0°21'17" West along the North-South center of section line of said Section 5 for a distance of 139.94 feet; thence South 89°38'43" West for a distance of 100.00 feet; thence South 0°21'17" East for a distance of 138.00 feet to a point on the section Zine common to said Sections 5 and 8; thence South 89°14'3T East along said section line for a distance of 100.02 feet to the REAL POINT OF BEGINNING. FURTHER EXCEPTING THEREFROM THE FOLLOWING DESCRIBED LAND: A parcel of land for public right of way located in the South half of the Southwest Quarter of Section 5, Township 4 North, Range 1 East, Boise Meridian, Ada County, Idaho, and being more particularly described as follows: To find the place of beginning. Commence at the section corner common to Sections 5, 6, 7 and 8 of Township 4 North, Range 1 East, Boise Meridian, being marked by a brass cap monument; thence South 89°17153" East, a distance of 1327.29 feet to a point (formerly South 89°14'37" East 1327.37 feet) said point being the West 1/16th corner common to said Sections 5 and 8; thence continuing South 89°17'53" East, a distance of 135.03 feet to a point for the PLACE OF BEGINNING; thence North 0°24'21" West, a distance of 65.01 feet to a point; thence North 89°17'53" West a distance of 141.30 feet to a point; thence South 3°49'00" West, a distance of 40.06 feet to a point; thence South 0°42'07" West, a distance of 25.00 feet to a point; thence South 89°17'53" East, a distance of 144.73 feet to the PLACE OF BEGINNING. FURTHER EXCEPTING THEREFROM THE FOLLOWING DESCRIBED LAND: A portion of the Southwest Quarter of the Southwest Quarter; and the Southeast Quarter of the Southwest Quarter of Section 5, Township 4 North, Range 1 East, Boise Meridian, Ada County, Idaho, being more particularly described as follows: Beginning at a brass cap marking the Southwest corner of said Section 5, Township 4 North, Range 1 East, Boise Meridian, Ada County, Idaho, also said point being the TRUE POINT OF BEGINNING; thence North 0°20'51" West along the West boundary of said Section 5 a distance of 1,315.55 feet to a point which is on the West section line; thence South 89°18'33" East a distance of 1,362.26 feet to a point; thence South 0°21'05" East a distance of 1,317.11 feet to a point which is on the South boundary of said Section 5; thence North 89°14'37" West along the South boundary of said Section 5 a distance of 1,362.37 feet to the POINT OF BEGINNING. PARCEL B: The West 8 feet of the South 412.5 feet of Lot 12 of ACADEMY PLACE SUBDIVISION, according to the plat thereof, filed in Book 4 of Plats at Page 155, records of Ada County, Idaho. PARCEL C: Lot 29 in ACADEMY PLACE SUBDIVISION, according to the plat thereof, filed in Book 4 of Plats at Page 155, records of Ada County, Idaho. FEB -23-2005 1036 EXHIBIT "A(2)" FA -143642 P.2)5 A portion of the Soatbwest Quarter of the southweet Quarter; and the Southeast Quarter of the Soutbvsat Quarter of section 5, . Townabip 4 North, Sang. 1 East, Striae Meridian, Ada County, Idaho, being more particularly described as follows: Begimniag at a brass cap marking the southwest corner of said Section 5, Township 4 north, Range i East, Boise Meridian, Ada County, Idaho, also said point being the TARE 'POINT OF 8DMINNInS; th nus North 0920'51" test along the west boundary of said Section 5 a' distance of 1,315.55 feet to a point Which is on the nest section line; thence South 89°18'33" East a distance of 1,262.26 feet to a point; thence South 0°21'05" East a distance of 1,317.11 feet to a point which is on the South boundary of said section 5; thence North 89014'37" Test along the South boundary of paid Section 5 a distance of 1,362.37 feet to the POINT OF SEGIN$INA. MS AND EXCEPTING therefrom a parcel of land for public right of Way located in the South half of the Southwest Quarter of Section 5, Township 4 North, !Mange 1 Bast, Boise Meridian, Ada county, Idaho, and being more particularly described as follows; To find tbs place of beginning, Commence at the section corner common to Sections 5, 6, 7 and 8 of Township 4 North, Mange 1 East, eotee Meridian, being marked by a brass cap monument; thence South 69°17'53" Bast, a distance of 1327.29 feet to a point (formerly South 89.14'37" Bast 1327.37 feat), said point being the West 1/16th corner common to said sections S and B; thence continuing South 89°17'53" East, a distance of 195.03 feet to a point far the PLACE OP HBGINN1N0; thence North 0°24'21" Nest, a distance of 65.01 feet to a point; thence: Horth 89°17'53" fest, a distaaoe of 141.30 feet to a point; Mance south 3949'00" West, a distance of 40.06 feet to a point; thence south 0.42'07" Meat, a distance of 25.00 feet to a point; thence South 89°17'53" East, a distance of 144.73 feet to the PLACE OF HBBINNZNG. INITIALS 7'd PacC_y.RQ rQn71 �l C T TOTAL P.05 2+.n : T T en Qn J01I-4 EXHIBIT "B" I 14 rLi g 11.4 pato 111KM ' -44.0 *mak himpip fib „lbuit' ?II ,;. I 1411105.1111,101 oil 1111 111 a!!Ti.egibiLt hi milli 1,111 MI= •_,Euraex lit V I ji r— 5: Alirt131 imn7sw laTirrif i; ,4w4r10±-11PL lavas/ aErl flittCPCP1 iFkr# EXHIBIT "C(1)" ,.y.: ,,/,:- I ii, 'P.' -7. i.• •,- _ • n • .04'.'" ..40, - - -.."...... ' . f F:rf; ''' -,"'" 6' i".'1, 'A 4 • o. ' .. '2.4'.4v•,:••'.. • •fi."''....'i(44*-' .,4t7f,"'`. ... ., * ir' it''Nlt .41)‘'.)•.* 7— • • --.. •, . ....ii-Liiiii...-----_-_— , --.......-...-..-.....--- _ ___--_-,——:—./i..-...-- ' - :y(k'': , e, Ai4-, . 1'4 L '''.i,ljblb :ilk° ..,,,,,i 4 l'7 i...'.r."417.'..)P' . ''- ' 4 '.3 • • 0,,,,, • ..,--,;::-,.....,,, . 11,',4,..• p. e.6 ' 4 4 ( 0 P ',' • .•-•..., -la, , , ? ', 4,. ,,7 k , f, ' 1, ''''21ij 'lir, ' 04C,'- PM. • IA ' ... 6 • - ' ,: • '“. ., 4't t!' • - :4,:ik ,-- • .4,16:- 1.--. 4. . RECEIVED & FILED CITY OF EAGLE MAY 2005 File: Route to. ' 44105,04ro- — _ • A', • , am ii. I 111 a I MI Er (./s< r ®V EXHIBIT "C(2)" cl b E M4YAA a 0° 9001 'EXHIBIT "C(3)" - -7 eh' V