Loading...
Mou/Moa - 2002 - No-Build Agmt Lot 20 Block 1 Once Upon A Subdivision - 12/11/2002 ADA COUNTY RECORDEfLI. DAVID NAVARRO BOISE IDAHO 12118/02 ,6 AM DEPUTY Joanne Hooper' ~~~~~~~fy-REaUEST OF 1111111111111111111111111111111111111 NON-BUILDING AMOUNT .00 1 Ø215208Ø AGREEMENT made the L day of j)~L. , 2002, by and between the CITY OF EAGLE, hereinafter referred to as "EAGLE" and NORTHWEST DEVELOPMENT COMPANY, LLC, and/or assigns hereinafter referred to as "DEVELOPER". 3 The parties to this agreement, in consideration of the mutual covenants and stipulations set out herein, agree as follows: SECTION ONE DEVELOPER, as applicant for a subdivision known as Once Upon A Subdivision agrees not to build a dwelling unit on Lot 20, Block 1, of said subdivision until such time as the adjoining parcel to the west is subdivided and/or developed in a manner as defined by the Eagle City Code. Said parcel is defined by the Ada County recorder as parcel number S0508427925. SECTION TWO EAGLE, in exchange for DEVELOPER'S agreement not to build within the above named subdivision until above-mentioned conditions have been met, will not refuse to sign the final plat of the above-mentioned subdivision on the basis that the requirements of the City of Eagle flood plain issues have not been met. SECTION THREE DEVELOPER and EAGLE agree that no building permits will be applied for or issued on Lot 20, Block 1, in the subdivision until such time as the above-mentioned conditions have been met. This agreement will not affect the rights of the parties to issue or be issued a building permit on the other building lots within the subdivision. SECTION FOUR ONCE UPON A SUBDIVISION HOMEOWNER'S ASSOCIATION agrees to maintain Lot 20, Block 1, with sod and pressure irrigation, for their temporary use, and install a sign in a conspicuous location on said lot that reads, "This lot may be built upon in the future." This instrument contains the entire agreement between the parties, and no statement, promises, or inducements made by either party or agent of either party that is not contained in this written contract shall be valid or binding; and this contract may not be enlarged, modified, or altered except in writing signed by the parties and endorsed hereon. SECTI ON FIVE After its execution, the Agreement shall be recorded in the office of the County Recorder at the expense of the DEVELOPER. 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 residentùù property near the Property and shall run with the Jand. This Agreement shall be binding on the DEVELOPER 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 nom any and all obligations in connection with the property sold arising under this Agreement. The new owner ofthe 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. SECTION SIX This Agreement shall be effective after delivery to each of the parties hereto of a fully executed original of this Development Agreement. IN WITNESS WHEREOF, the parties have executed this Non-Build Agreement. DATED this /LIi1. day of Qp L. ,2002. CITY OF EAGLE, a municipal corporation organized and existing under the Jaws of the State ofIdaho By: DATED this /.Lit day of -OJ' c~~~"..2002. Rick e, ayor """"""" /If....' ~ OF I! ####" ~'fi~~ ....<1^ "'~ " ..v<, ill. I o\lPo~.., ... f:Þ '\ '....,Cì ~\: : ~. . : . : -.- . . : ... S : '" : \ ø. ~o EAL ~"'""l i ~ ~~~þ ~'~ ~ ~ - . f)RAT\'... 0 ~ "'... # »b~....... ~ ," " ç 0 " "" F I I'"~ """ ...." ATTEST: ~ G--¥CL- ~ ~ ~ Sharon K. Moore, City Cler By: STATE OF IDAHO) : ss. County of Ada) On this -11- day of kPWlhP.V. 2002, before the undersigned notary public in and for the said state, personally appeared RICK YZAGUIRRE, 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. STATE OF IDAHO) : ss. County of Ada) On this ~ day of -'pJ.. ta..~ , 2002, before the undersigned notary public in and for the said state, personally appeared CRAIG VAN ENGELEN, known or identified to me to be an owner of the property referenced herein and the persons who executed the foregoing instrument. IN WIrnESS WHEREOF, I have hereunto set my hand and seal the day and year fIrst above written. ""U""""" "~"~I \ ~!\ GO Ar '####: ...¡..¡. ~~ . '."...... <1 '... .. ,-;1 .. .. ~",. ¡ .Q;- ... ... '--(t\ ':. ::~: -.\OTARy ..~: :u. '"' .: : : -.- : * : :*~ G: = ~ .. PUB~\ .. i -. '" ",. if> .. .. c .: - À.. .. .'-.' ~ -":'¡ ....... ~'T ,<Ii -"'#, l'S OF \\) ",...." ""'""""" ~~~ Notary Public for Idaho Residing at: ~{~ , My Commission Expires: II. 11 t.. 0 .,