Loading...
HomeMy WebLinkAboutDEVELOPMENT AGREEMENT - 98-00038 - West Tisbury - Apartments-i 4FIVE --OPMENT AGR1EEME-%;.T AGREEMENT, made this �_ day of 1998, by and between the CITY OF REXBURGam unicipal corporation, hereinafter called '`CITY," 12 North Center, P.O. Box 280, Rexburg, Idaho 83440:, and HOMESTEAD LIMITED PARTNERSHIP, hereinafter called "DEVELOPER," Whose mailing address is P.O. Box 26i, noise, Idaho, 83701: W ITNESSEi'H: WHEREAS, Developer is the sole owner, in law or eqwty, of a certain tract of land in. the County of Madisoll, State of Idaho, which land jk'herea�er �ef�rred to as the Development) is more particularly described as the site for a Staples Store Shown on FIGURES A- �, & A-29 & FIGURF,,S 3, attached hereto and by this refierence mads a part hereof)., and WHEREAS, Developer has requested the DeveloPment be approved bv the Civand has or will submit Improvement Plans for the Development described in the capntion of the Agreement; and WHEREAS, ��ty waie�r, sanitary sever, storm dr ain and sAreet facolLfies ars adjacent and accessible to Developer's lands and WHEREAS, Developer is responsible for the street and ufi��ty Improvements within and adjacent to the Develo . Merl�; NOW, THEREF0J?,-Ein consideration of the terms and conditions sit forth herein, the parties agree as follows: I - DEVELOPMENT oF WEST TISK Y APARTMENT. Thef�11 ity agrees to provide water and severer service is the Development, subject to Developer's acceptance and DEVELOPMENT AGREEMENT - pg. 1 PcrfOrmance of the terms and conditions of this Ageementp 2. IMPROVEMENT PLANS. Developer has filed and the City Engineer has approved a compl��� set o� i�prvvemen� Plans �re�fte� -e p� Plans"),, showing all sheets, sewer dines, water lines, storm drams, street signs, traffic control devices:, barricades and otherpublic �mpravements contemplated within the Development, The Improvement plans also show the proased location of ocher public uti.litles (telephone, ,gas and electricity) and im'gation facilities affected by the development. Such Improvement Pianos are incorporated herein by reference as though set out in fL111. Developer still need. to have his engineer prepare plans for curb and gutter, sidewalk and asphalt paving along the south side of 5' Saute. Street,,., These plans need to shote the profile grade of the new curb and gutter, the ballast thicknesses of the various layers of Granular Barrow, 3��' Aggregate Base, Asphalt Plantm'x, etc, as set forth in Section 12. -Street Improvements of this Agreement to more clearly define the required new street construction. The Construction lispection of these facilities is covered under Seefion 6 of this Deveiopment .Agreement. 3. CONSTRUCTION OF PUBLIC IMPROVEMENTS. Unless otherwise agreed in the Special Conditions, Developer wild, at its expense, design and construct all public improvements sown in the Improvement Plans. Unless otherwise agreed in writin b the g Y City Engm'eer, Developer will construct all public improvements �vithin the D%wV�e�opment inn strict accordance with the Iprovement Plans and the City standard F-mgincering Drawings �d Specifications thereafter referred to as the "Standard Sec� and pcations"}, in effect at the time the cOnstructi011 is accomplished. The Standard Specificat�ons are �ncorporaied herein by reference as though set out ire full. I 4- PEB=�TS. Developer shall obtain all right-of-way, excavation -or o-�her permi ts DEVELOPMENT AGREEMENT - pg. 2 jo required by local ordinance or any Stade agencies and camPlY with all requirements therein. with resect to the timely performance of the ward governed by such permits,, 5. COMPLEDUN OF PU13LT� IMPROVEMENTS. Developer agrees that upon a fin&9 by the pity Counc"I, duly entered in the official minuses oftheproceedingsofthe Citvy- Council, that a portion or portionsor the entirety of such PublIc ir�.proveznents need to be completed in the interest of the public health, welfare or safety, Developer wz11 forthwith construct such public improvements. If Developer does not commence const.ruct�On of such public InproWments within a reasonable time after such fmding is made or if Developer does not Complete such construction Vathin a reasonable tirne thcreafter, the City may construct or complete such facilities at Developer's expensee The City Council shall not make such finding unless developer has been given at feast ten (10) days advancewriiten notice o� Me date and place of the, meeting and Developer, has been given an opportvm'ty to be heard of such meeting. At or before the meeting, the City Engineer shall fumish Developer a cost es�mate for campleting the required portion or portions of such public improvements. 6. SEECTION. Developer will retazn a prafessiona� engineer (hereafter. referred to as the "Troj eco Engineer") licensed within the Stade of Idaho o supez vise, inspect end �es� the construction of all public improvements within the Development in Order tO ensure such ImPravements ars constructed in accordance with this Agreement, the ImPrOvement Plans and the Standard Specifications. Developer will not mate rially deviate frOm the Improvement Flans ax Standard SPCCiflcatiOns without the express written approval of the CityEngineer,, 7. CORRECTED IMPROVEMENT PLANS. Prior to acceptance of the Development, Developer will file "As Constructed"rovementanI�xnp plae�reaFf��r � referred to as the "'Corrected Impro ent Plans") with the City, Engineer. Such Corrected Improvernent DEVELOPMENT AGREEMENT - pg, 3 El Plans shall be prepared by the Project Eng19 ineer and shall show the actual "as constructedi' location of all public improvements within, the Development including�.�e �oxiz�n tal and vertical location of all water9 sewer and storm dram Tines, individual build"n� Service ce ilnes, curb and butter alignment and street grads, Such Cor�ec�d ImP,ovemePlans shall also specifically show all changes between the or�g�nal Improvement plans and the public improvements as actually constructed. The Project Engxneer shall also certify upon the Corrected Improvement Plans that such P1a.n� co�ect�y s�o� a�� PU]ic ixnprflvements as actually constructed and that such�u.b�ic ��npravemex�ts have been constructed in accordance with the Standard Specificat-'O_ns in effect at the time such coinstructlon was accomplished. The origmal. linens or mylars of these "Corrected Improvement Plans" shall become the property of the City of Rexburg. The Project engshall also deliver to the City Eng'neer all compaction reports, daily construction dogs, reports, written tests3 analysis and other data as may be necessary to verify or support the certification of the Project Engineer. 8. ACCEPTANCE OF DEVELOPMENT. U pon satisfactory completion of such public improvements and facilit*es and Developer's delivery of Corrected Improvement Plans', the CAY will accept the Develo P L Such acceptance shall. not be valid untess ex�es�I P Y acknowledged in writing by the City En 91neer.F xcept as otherwise express}.y pravided in the Special Conditions,, upon acceptance of the Development the �C�iy shall assume ownership and control of all public facilities within any dedicated street or public ri h��of-vera g y within the Development. Acceptance of the development shall not be d d. s a waiver of Developer's failure to fully ara.d camPletely perform the terms and condi-tions hereof ar as a waver or release of the warranty sed Forth below. 9-, WAEBAhU—Y- Developer warrants that the materials and workmanshi em Io ed p P Y DEVELOPMENT AGREEMENT - pg. 4 1* �n the construction of all public improvements within the Development shall begoodand sound and shad conform to generally accepted standards within the construction 'Industry. Such warranty shall. extend for a period of one (1) Year after acceptance of the Deve�oprnent by the City, Pro-vi'ded nothing herein shall limit the time within which t.heC` qty may bring an action against Developer on account of Developer3 S failure to construct such improvements p ements zn accordance with this Agreement, the Impravernent Plans or the Standard Specifications,, 10. WATER & SE WF,R HOOKUP FEES & MONTHY,V rrrr LITY RATES. Water and sever hookup fees and monthly utility rakes are shown on the, attached FIGURIE I , Such rates are subject to updating from time to ��me. Developer wi11 pay the app�°�pnate hookup fee for the size off` water or sewer hoo"p desired. If excavation is required within any public right of way, an Excavation Permit will also be required. The Developer's crater service line installer will purchase the necessarywater meter materials as specified by the City Water Department, for use in the wateservice conn ecion. The Developer or his plumber will be responsible for acquiring the rewired luznbin permits and for all costs associated with the installation of the water service connection. 11. STORM DRAIN CpNNBCTIONS. The D V loper will connect his on-site storm drain facilities tO the City -installed. norm drain adjacent to the Development, Developer will provide access and cvntz-ol is the discharge control device to the City,,' Developer may be gzven authoiri�y to joint ly control d�scha�°ge, said authont)7 to be at the City's discretion. mere there c, Is a possibility that gasoline or diesel spills could get zn�o the storm drai"A systema the Developer �ri�I be �espansib�e fay insta��ing waterlpetroleumrod � ucts separating systems that wi�i, to the gr�atesi passible, keep �et�rol�um products from enterz�� L, the stox-zn DEVELOPMENT AGREEMENT - pg, 5 41 drain system. Any discharge of gasoline, diesel or other petroleum products into the storm dram. system shall be the Developez's sole responsibility and liability. Any damage or inJ un,es resulting through such discharge form Developer's property shall be, paid for bY I3evclaper., is 12. STREET IMPROVEMENTS. The Developer s normally responsible for 4! installing the curb and gutter. sidewalk and a %street Width of asphalt paving, 1 (3 V2" depth of Plantmix, 6" depth of X173 Aggregate Base and 20" depth granular of granular sub base t C - material). At this specin 0 c location. developer W1 ill only be required to widen the pavana approximately 10 feet with the back of curb to be located at 30 feet dram the strut centerline. 13. FAILURE TO PAY FEES. in the ,event Developer fails or refuses to pay any of 46�the fees, charges orcosts set forth herein, the C�� may de -annex anypropexty awned by Developer wifllin the Development or declare theentire unpaid balance immediately due, and Payable and collect such sum in the manner ann 'Provided by law may pursue any- other remedy set forth herein or as may be available __b1 at law or m equity,, Al15uch remedies shall be cumulative and the Clty may Pursue the same separately or simultaneouslyas it deems necessary or appropriate. In the event of such acceleration all sum due S bear the rate established by law forjudgmenis entered in the State of Idaho. 14. PARTICIPATION BY CITY. The parties agree that those portions of the water main, the sanitary sewer line, norm drains and street section work (hereafter collectively referred to as the "hared Work"). the cost of which the City expressly agreed toYPap ursuant to the, Special Conditions including any water or sewer line or storm line extensions, 4; increased line size or capacity and road W1 qwre width Or thickness, are re d because of future service needs ori k ginating from properties 'lot ovvned by Developer and located within the DEVELOPMENT AGREEMENT - pg,. 6 vicinity of the Development and that sound planting requires construction thereof at the present time in order to accommodate future expansion and developments In recognYtion of the cosi savings which can be accomplished by construction of such excess capacity and R improvements concurrently with the facilities to be constructed for Developer's purposes, and the zmpracticalzty or impossibility of constructing such excess capacity and improvements separately or at a later time, Developer agrees to design and construct such facilities subject to the City's agreement to reimburse Dev�lopfog a portion of such costs, all as set forth in the Special Conditions. Prior to the commencement of the Shared Work, Developer shall obtain and del'v�r �c� the C:ity Three independent bang fide bids for the performance of such wvrk from qualified and responsible contractors, Such bids shall be solicited and ite�n�zed �n a. manner which, allow clear and specific identification of khat POrt'On of the construction work for which the City is responsible. The City shall have no ob�igatzon to pay for any portion of the costs of the Shared work unless prier to the commencement of the work the parties have expressly agreed in writing to a specific am.aunt for wMeh the City will reimburse the Developer., Payment of such costs by the City shall be, due within thirty (3 0) days from acceptance of the Development by the City and delivery of an itemized statement to the City setting forth in detail the total amount of the costs for which the City is responsible. (TF -1E CITY IS NOT PARTICIPATING TN ANY SI -JARED WORK fN THE DEVELOPME-1N 17 16. PARTICIPATION BY CITY. The parties agree that those portions of the water main, the sanitary sewer line, storm drains and street section work (hereafter collectively referred to as the "Shared Work"}, the cost of which the City has expressIv agreed to pay. pursuant to the Special Conditions, mcluding any water or sewer line or storm ling extensions, increased ling size or capacity and. road width or thickness., are requ]'red because of future DEVELOPMENT AGREEMENT - pg. 7 service needs originating from properties not owned by Developer and located within ffie vicinity of the Development and that sound planrung requires construction thereof at the present time in order to accommodate future expansion and development. In recQIgniiion of the cost savings which can be accomplished by construction of such excess capacity and improvements concurrently with the facilities to be constructed for Developer's purposes,, and the impractical't� or impasslbiliiy of con.structing such excess �apacit� ar�d irnpravements separately or at a later time,, Developer agrees to design and can��ruct such faczli��es subject ain and deliver to the City three zndependent bona fide fids dor the performance of such work frim qualified and responsible contractors. Such bids shall be svh c�ted and itemized in a manner which allows dear and specific identi�Gation of that portion of the construction work for which, the pity is responsible. The City shall have no obligation to pay far any portion of the costs of the Shared Work: unless friar to the commencement of the work the parties have expressly agreed in writing to a specific amount for which the C 0 ity will reimburse the Developer. Payment of such costs by the City shah be due wither thirty (30) dais from acceptance of the Development by the pity and del-vQan statement to the C luty seting farts indetail the total amount of the costs for �v��ch the City is xesponsib1e. (THE CITY IS NOT PARTICIPATING IN ANY SHARED WORK 1N THIS DEVELOPMENT.) 15 SPECIAL CONDITIONS. In recognx��o:� of the unique circumstances reiative to this Development the parties agree to the Special Conditions attached hereto and by this reference made a part hereof (NO SPECIAL CONDITIONS FOR THIS DEVELOPMENT AGREEMENT) 16. OCCUPANCY. No building within the Development shall be used or occupied DEVELOPMENT AGREEMENT - pg. 8 for any purpose other than for the construction of such building or structure, ur�ess allpubtic improvements within the Developmen� have been competed ana accepted by -the City Engineer. The City may withhold Certific S of occupancy until all such wank has been completed, 17, DEFAULT. In the event Developer fails to comply �vvith the �er�m� and cor�ci�t�ons hereof in any material respect, the CitYTnnv withhold the issuance0of any buildmg permits., certificates of occupancy or the connection of water or sewer service to any property awned by Developer and located within the Development, until such default is fully corrected. 18.. NOTICES. Any notice required by this Agreement shall be mailed to the receiving party at the address set forth above or such other address as may be delivered to the sending party in writing. Such notice shall be mailed by certified maid, return receipt requested, postage prepa*d and addressed as set forth above and shall be deemed received upon its deposit in the United. States mail in such mannen 19. RECORDING FEES. City shall pay all recording fees necessary to record this Agreement with the Madison County Recorder's office. 20. IRRIGATION DISTRICT R ELEASE. Prior to the final approval of the Development, Developer shah obtain a eertifcation from any �riga�D. �vn district, canal company, ditch association or other similar wader dellverY entity who pro,Vides or delivers water to any property located within the Development or who provides water through a facility passing through the Development. The certification shah state that the water rights for all property within the Development have been transferred from the Property and that all liens and assessments of such water delivery entity have been re��ased� fir, the Certificate shall stag that all Yrr�.ga-tiorx facilities that have been disturbed or altered by the Development have DEVELOPMENT AGREEMENT - pg. 9 been repairedor reconstructed to the satisfaction. of the irrigation water user and/or the ir41 f rigation entity owning or opera��ng �a�d irrigation facilities. Developer will be responsible for maintenance on any modifications to the irrigation system unless oihewise zf �d in wriii"ng. 2I. CONFLICT WITH STANDARD SPECIFICATIONSW-M. In the event of any conflict between the terms of this Agreement or the Improvement Plans and �h.e Standard Specifications, the terms of this AvTeemifl"t or the improvement lans shall prevail over any contrary provision oftheStandard. Speeif, cationst, In the event of any conflict between the terns of this Agreement and the Improvement Plans, the terms of this Agreement shall prevailt 22. COVENANTS APPURTENANT TO LFALLAND. All covenants and conditions set forth herein shall be appurtenant to and run with the D vi -,l P d shall be binding upon Developer's heirs, successors or assigns. 23. REMEDIES CUMULATIVE. All remedies herein are cumulative and, to the extent not wholly inconsistent with each ether, may be enforced simultaneously or separately, at the sole di scretxon of the City. 24. GOVERNING LAW. This Agreement shall be governed by the, Iaws of the State Of Idaho. The venue for any action arising out of tWs Agreement shall be exclusively in the District Court of the, 7th Judicial District of the State of Ihdaa, Madzson Count, or in the United States DIE striet Court for the District of Idaho. 25. $NTIRE AGREEMENT. This writing evidences the final and complete agreement between the parties and no ager prior statement, representation or understanding shall be binding upon the parties unless exvressly set forth herein. DEVELOPMENT AGREEMENT -pg. 10 C 26,- SEVERABILITY. If any provision.of flus Agreementis determ.i.ned to be invalid. or illegal, the remainder of the Agreement shall not be affected. 274- WAIVER. Waiver by the City of any breach of any term,, covenant or condition shall not be deemed to be a waiver of that terzn, covenant or condition on any subsequent breach of it or any ocher term, covenant or condition. Na term., covenant or condition of this Agreement shall be deemed to have been waived by the City unless the waiver �s in writing by the City. 28. EFFECTIVE DATE. This Agreement shall become valid and binding only upon its approval by the City Cowicil of the City and upon its executive bY the Mnvor, DEVELOPMENT AGREEMENT - pg. I 1 IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day and year first above wriften. ATTEST: Ci W ty Clerk, Ro i�i'Bagl (SEAL) City Attorney Ste en-Zaijinger City Engineex, Joe A. Laird STATE OF IDAHO s5t County of Madison cITY oF R EXBuxG 0 On this, -:Z3 day of - � .,�- $ 1. 998, before me, the undersigned, a Notary Public for Idaho, personally appearedd§ruce Sutherland, known to me to be the Mayor of the City of 0 & Rexburg, the mumcipal corporation that executedthe foregoing document, and acknowledged to me that such City executed the fnreffnina ��,�,irne�,f 5inrl q-t-vil --nnvui oA A + +11, 1-M IN WITNESS HEREOF, I have hereunto set my hand and affixed my offici'al seal the day and year first above written-, ("SEAL) DEVELOPMENT AGREEMENT - pg. 12 fOildaho 'Notary �i� Residing at Rexburg, Idaho MY Commission Expires: /- �.�- a Z>l.LL11 City executed the same.. IN WITNESS HEREOF, I have hereunto set my hand and affixed my offici'al seal the day and year first above written-, ("SEAL) DEVELOPMENT AGREEMENT - pg. 12 fOildaho 'Notary �i� Residing at Rexburg, Idaho MY Commission Expires: /- �.�- Greg Luce, Manger STATE OF IDAHO ) 4 0 sse County of Madison ) On th�.s day of 5 1998.,, before me, the undersigned, a Notary Public fax said state., personally appeared Greg Luce, known to, me to be the President/ Authorized Agent of the corporation that executed this instrument, and acknowledged fQ me that such corporation, executed the same. IN WITNESS WHEREOF, I have hereunto set any hand and affixed my official seal the day and year first above written. Notary Public Residing at: Mir C:anunzssxon, Expires:-- (sEai,) DEVELOPMENT AGREEMENT - pg. 13