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Mou/Moa - 2019 - Legacy Aka Cloudberry Third Amendment - 3/1/2019THIRD AMENDMENT TO MEMORANDUM OF AGREEMENT THIS THIRD AMENDMENT TO MEMORANDUM OF AGREEMENT is made the sr day of March, 2019 ("THIRD AMENDMENT"), by and between the City of Eagle ("CITY"), an Idaho municipal corporation located in Ada County, Idaho; CLOUD BERRY, LLC, a Wyoming limited liability company ("CLOUD BERRY"); and WHITE STURGEON, LLC, an Idaho limited liability company ("WHITE STURGEON"), which Amendment is made to that certain Memorandum of Agreement entered into the 17th day of November, 2005, by and between the City and Eagle Sports Legends Development, LLC (the "MOA"). RECITALS A. Eagle Sport Legends Development, LLC, an Idaho limited liability company, Eagle Sports Legends Development #2, LLC, an Idaho limited liability company, Eagle Creek Properties, LLC, an Idaho limited liability company, and the CITY negotiated and executed a Development Agreement dated October 10, 2006, recorded as Instrument No. 106161990 in Ada County, Idaho, which incorporated the November 17, 2005, Memorandum of Agreement as Exhibit M as part thereof; B. Subsequently, Eagle Sports Legends Investments, LLC (f/k/a Eagle Sports Legends Development, LLC); Eagle Sport Legends Investments #2, LLC (f/k/a Eagle Sports Legends Development #2, LLC); Legacy Idaho, LLC; Signature Academies Idaho, LLC, all of which are now administratively dissolved Idaho limited liability companies, and Idaho Development Services, Inc., an Idaho corporation (collectively the "ORIGINAL DEVELOPERS"), and the City executed that First Amendment to the MOA on the 26th day of February, 2008 (the "FIRST AMENDMENT"). Any reference to the parties identified above as the "Original Developers," as set forth in the Memorandum of Agreement dated November 17, 2005, and the First Amendment to the Memorandum of Agreement dated February 26, 2008, includes and implies any heirs, successors in interest, agents, employees and assigns thereof. C. Cloud Berry succeeded to the right, title and interest of the Original Developers with respect to the real property parcels subject of the Development Agreement, and has subsequently conveyed certain parcels thereof to White Sturgeon. D. Cloud Berry and White Sturgeon (collectively the "Owner") and the City executed that Second Amendment to the Memorandum of Agreement on the 14th day of March, 2018 (the "Second Amendment"). THIRD AMENDMENT TO MEMORANDUM OF AGREEMENT - 1 E. The Owner and the City have entered into that certain Development Agreement Third Modification with respect to the remaining portions of the real property subject to the Development Agreement, dated January 23, 2018, recorded as Instrument No. 2018- 030159 on April 5, 2018, which incorporated the November 17, 2005 Memorandum of Agreement and the Second Amendment thereto as Exhibit H as part thereof. F. The parties desire to further amend the Memorandum of Agreement to clarify and further specify the obligations and conditions of development of the Owner under the MOA, as amended, with respect to the remaining properties subject of the Development Agreement, as amended. G. This Third Amendment shall be an addendum to paragraph 3 of the Second Amendment, and upon its full execution shall be recorded in the records of the Ada County Recorder. H. The Owner has entered into contracts to cover the engineering design, plans and specs, and other tasks associated with constructing an additional municipal well and well house (the "Second Well" aka City Well #6); and in connection with the installation of the Second Well has made certain representations to the City concerning the timeline for completion of the Second Well and its integration into the City's potable water distribution system. AGREEMENT NOW THEREFORE, for valuable consideration, which the parties hereby acknowledge and agree has been provided, the parties agree as follows: Section 1. The City shall continue to process pending and additional applications for preliminary and final plats of additional phases in accordance with the City Code provisions and regulations, provided the Owner is complying with the following: 1.1 Application Processing. The City agrees to continue processing the following applications to final plat signature prior to completion of the Second Well: Snoqualmie River Subdivision No. 3 Preliminary Plat City of Eagle Reference No. PP -09-18 Submittal received by City for review November 7, 2018 Snoqualmie Falls Subdivision No. 10 Preliminary Plat City of Eagle Reference No. PP -03-17 Submittal received by City for review May 26, 2017 Include Final Plats Snoqualmie Falls #10 (complete), Snoqualmie Falls # 11(submitted), Snoqualmie Falls #12 (submitted), Snoqualmie Falls #13 (future) THIRD AMENDMENT TO MEMORANDUM OF AGREEMENT - 2 1.2 Construction and Conveyance of the Well. Owner may continue to provide other plat applications to the City for processing but will not receive signature of final plat until the Second Well has been completed and become part of the City potable water distribution system. 1.3 Default. In the event the Owner has failed to satisfy these obligations and the City has provided the Owner with written notice of default, the Owner shall be deemed to be in default of the Section 1.2 condition. Upon the event of the Owner's default, the City shall be entitled to delay its signature of all final plats other than signing the final plats referenced in Section 1.1 until the default has been cured. IN WITNESS WHEREOF, the parties hereto have executed this Memorandum of Agreement as of the date first above written. CITY OF EAGLE ATTEST: Stan Ridgeway, MAYOR CLOUD BERRY, LLC By J stin Martin, its Manager ,,,,,,,,,,,,,`, ,OFOFF • C'eo. •••� c°L} §BP071.) ' • . sraL .................%,I�,ByHDDevelopeITE Rss Services, sLIInc., its Manager Sharon Bergmann CITY CLERK/TREASURER 47)/k By BriaWF. Mega, its Presiden THIRD AMENDMENT TO MEMORANDUM OF AGREEMENT - 3 STATE OF IDAHO, ) ) ss. County of Ada. On this Z. day of FQ pry Q , 201.8-, before me, the undersigned, a Notary Public in and for said State, person,y appeared Justin Martin, known and identified to me to be the Manager of Cloud Berry, LLC, a Wyoming 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. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. ASHLEY M YOUNG • NOTARY PUBLIC - STATE OF IDAHO COMMISSION NUMBER 68468 Notary Publi o Idaho (SAMY COMMISSION EXPIRES 9.19-2022 �1 Residing at ,l C� Idaho Commission expires: Oj • (pi . ZO 22 STATE OF IDAHO, ) ) ss. County of Ada. ) 1611 On this2"day of f:Q b c{,li , 201,8, before me, the undersigned, a Notary Public in and for said State, personalfy►appeared Brian F. McColl, known and identified to me to be the President of Developers Services, Inc., the Manager of White Sturgeon, LLC. an Idaho 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. 1N WITNESS WHEREOF, 1 have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. ASHLEY M YOUNG rOMM,SSION ARY PUBLIC • STATE OF IDAHO (SEA NUMBER 68468 OMMISSION EXPIRES 9-19-2022 1 Notary Public fI Residing at Commission expires: ho THIRD AMENDMENT TO MEMORANDUM OF AGREEMENT - 4 Idah Zcb2L EXHIBIT A CITY OF EAGLE MUNICIPAL SUPPLY WELL 6 CONSTRUCTION AND INSTALLATION SCHEDULES Benchmark Date Benchmark Action Done Well plans and specifications submitted to IDEQ. October 15, 2018 Resubmit to City well plans and specifications ("90% Plans") with well house plans. October 20, 2018 Submit final plat application, together with construction plans for Well Lot Phase.' October 25, 2018 Submit application to City for design review approval of well house. October 30, 2018 Obtain City approval of 90% Plans.2 October 30, 2018 Obtain IDEQ approval of well construction within two weeks from the City's submission to IDEQ of the City's acceptance of ownership operation and maintenance letter. (*) October 30, 2018 Well driller (Post Drilling, Inc.) to pull IDWR permit and commence well drilling. December 15, 2018 Obtain design review approval of well house within two months from submittal date. (*) April 1, 2019 Complete installation of well. May 1, 2019 Complete pump testing and submit Well Completion Report to IDEQ with driller's reports, as built well drawings and water quality reports, within four weeks of well installation. (*) June 1, 2019 Final plans and specification for well house pumping equipment, mechanical piping, electrical equipment ("pumping facility") submitted to IDEQ and City. June 15, 2019 Construct and record plat for Well Lot Phase. August 1, 2019 Obtain IDEQ and City review of pumping facility within two months of submittal. (*) December 15,2019 Complete construction of well house with pumping facility, as built certification, and operations and maintenance manual. 1 Construction Plans shall include offsite extension in Palmer Road of sewer and water; repaving of Palmer with curb, gutter and sidewalk on the east side of Palmer; utilities and elevations of well house with landscape plans, fencing, etc. 2 *This benchmark date is variable based on a time interval from a previous benchmark action. THIRD AMENDMENT TO MEMORANDUM OF AGREEMENT - 5