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HomeMy WebLinkAboutDevelopment Agreement Stonebridge Subdivision Div 2Instrument # 465228 REXBURG, MADISON, IDAHO 11-21-2024 04:29:46 PM No. of Pages: 22 Recorded for: CITY OF REXBURG KIM H. MUIR Fee: 73.00 Ex-Officio Recorder Deputy DEVELOPMENT AGREEMENT STONEBRIDGE SUBDIVISION, DIVISION NO. 2 OF THE CITY OF REXBURG AGREEMENT, made this -al— day of �c���� , 2024, by and between the CITY OF REXBURG, a municipal corporation (hereinafter called "City"), with a mailing address at 35 N 1st E, P.O. Box 280, Rexburg, Idaho 83440, and HIGLEY DEVELOPMENTS LLC (hereinafter called the "Developer"), with a mailing address at: 980 PIERVIEW DR STE B, IDAHO FALLS, ID 83402. WITNESSETH: WHEREAS, Developer is the sole owner, in law or equity, of a certain tract of land in the County of Madison, State of Idaho, which land (hereafter referred to as the "Development") is more particularly described in EXHIBIT A-1 "STONEBRIDGE DIVISION NO. 2 PLAT". of which is attached hereto and by this reference made a part hereof; and WHEREAS, Developer has requested the Development be approved by the City and has or will submit Improvement Plans for the Development identified in the caption of this Agreement; and WHEREAS, City water and sanitary sewer facilities are adjacent and accessible to Developer's land; and WHEREAS, Developer is responsible for the street and utility improvements within the Development; NOW, THEREFORE, in consideration of the terms and conditions set forth herein, the parties agree as follows: 1. DEVELOPMENT OF STONEBRIDGE SUBDIVISION DIVISION 2. The City agrees to provide water and sanitary sewer service to the Development, subject to Developer's acceptance and performance of the terms and conditions of this Agreement and the terms and conditions contained in the Special Conditions attached hereto and made a part hereof; DEVELOPMENT AGREEMENT -1 STONEBRIDGE DIV. 2 DA19-009 2. IMPROVEMENT PLANS. Developer has filed, or will file, a complete set of Improvement Plans (hereafter referred to as the "Improvement Plans") showing all streets, sewer lines, water lines, fire hydrants, storm drains, street signs, street lights, traffic control devices, fiber network conduit and hand holes, barricades and other public improvements contemplated within the Development. The Improvement Plans also show the proposed location of other public utilities (telephone, gas and electricity) and irrigation facilities affected by the Development. The City Engineer has reviewed, or will review, the Improvement Plans for compliance with City requirements, and upon satisfactory resolutions of all issues, the City Engineer will approve the plans. Such Improvement Plans are incorporated herein by reference as though set out in full. Improvement plans for any water, wastewater or storm drainage facilities are also to be submitted to the Idaho Department of Environmental Quality ("DEQ") for review and approval. It is the responsibility of Developer to obtain DEQ approval prior to starting any construction of water, wastewater, or storm drainage facilities. 3. CONSTRUCTION OF PUBLIC IMPROVEMENTS. Unless otherwise agreed in the Special Conditions, Developer will, at its expense, design and construct all public improvements shown in the Improvement Plans. Unless otherwise agreed in writing by the City Engineer, Developer will construct all public improvements within the Development in strict accordance with the Improvement Plans and the City Standard Engineering Drawings and Specifications (hereafter referred to as the "Standard Specifications") in effect at the time the Improvement Plans are approved. If construction is not completed within 1 year after approval of the plans, the plans shall be resubmitted for review. The Standard Specifications are incorporated herein by reference as though set out in full. 4. PERMITS. Developer shall obtain all right-of-way, excavation or other permits required by local ordinance or any state agencies and comply with all requirements therein with respect to the timely performance of the work governed by such permits. The Developer is required to apply for permit coverage from the Environmental Protection Agency ("EPA") after developing a site -specific Storm Water Pollution Prevention Plan. DEVELOPMENT AGREEMENT - 2 STONEBRIDGE DIV. 2 DA19-009 5. COMPLETION OF PUBLIC IMPROVEMENTS. Developer agrees that if a portion or portions or the entirety of the public improvements need to be completed in the interest of the public health, welfare or safety prior to the scheduled time when Developer would otherwise install the improvements, Developer will forthwith construct such public improvements. This Section 5 will only be effective following a finding by the City Council at a regularly scheduled City Council Meeting. The City Council must determine that the public improvements are needed prior to the scheduled construction time determined by Developer. Following a finding by the City Council, if Developer does not commence construction of such public improvements within a reasonable time or if Developer does not complete construction within a reasonable time thereafter, the City may move on the Developers bond and construct or have constructed such public improvements at Developer's expense. In order for the City Council to make a finding at a City Council Meeting, the Developer must be given at least ten (10) days advance written notice of the date and place of the meeting and Developer must be given an opportunity to be heard at such meeting. At or before the meeting, the City Engineer shall furnish Developer a cost estimate for completing the required portion or portions of such public improvements. 6. INSPECTION. Developer will retain a professional engineer (hereafter referred to as the "Project Engineer") licensed within the State of Idaho to supervise, inspect and test the construction of all public improvements within the Development in order to ensure such improvements are constructed in accordance with this Agreement, the Improvement Plans and the Standard Specifications. Developer will not materially deviate from the Improvement Plans or Standard Specifications without the express written approval of the City Engineer. Minimum inspection by the Project Engineer or a representative working under his/her supervision will include sufficient onsite inspection each day the contractor is actively working to verify and document that the improvements are constructed in accordance with this Agreement, the Improvement Plans and the Standard Specifications. The inspector is to keep a daily written log including weather, work being done, testing and testing results, any changes or modification of the plans, any problems encountered and communication with city staff. The record is to be in daily written form. The following minimum testing is required as a stipulation of this Agreement; (All DEVELOPMENT AGREEMENT - 3 STONEBRIDGE DIV. 2 DA19-009 inspections to be done as per the current Idaho Standards for Public Works Construction, ISPWC) SEWER LINES (To be inspected not later than 30 days after installation and completion of backfill, but before geotextile fabric for the road is installed.) • CCTV inspection (CCTV inspection will be completed by the City's Sewer Department) • Pressure testing • Deflection testing • Certification of compliance with plan location, elevations, and grade. WATER LINES (CLASS 50 D.I.) • Pressure testing • Bacteriological testing (To be completed by the Contractor under the supervision of the City's Water Department) • General inspection of fire hydrants, valves, and other water facilities prior to backfill (To also be inspected by the City's Water Department) ROAD CONSTRUCTION • Pass Density Tests on Sub base, Granular borrow, Road base, and Asphalt (One per lift per every 10,000 ft2 of roadway as per ISPWC) • Field sampling (Gradations 2 per material) • Asphalt mix design • Concrete strength — one slump and 3 strength cylinders per 50 C.Y. of concrete. • Levelness testing on asphalt surface per ISPWC MISCELLANEOUS • Additional testing may be required if so stipulated in the special conditions DEVELOPMENT AGREEMENT - 4 STONEBRIDGE DIV. 2 DA19-009 7. CORRECTED IMPROVEMENT PLANS. Prior to acceptance of the Development, Developer will file "Record Drawings" Improvement Plans (hereafter referred to as the "Corrected Improvement Plans") with the City Engineer. Such Corrected Improvement Plans shall be prepared by the Project Engineer and shall show the actual "as constructed" location of all public improvements within the Development including the horizontal and vertical location of all water, sewer and storm drain lines, individual building service lines, curb and gutter alignment and street grades. The GPS locations are to be shown for the termination of all service lines or main line extensions. The Corrected Improvement Plans shall also specifically show all changes between the original Improvement Plans and the public improvements as actually constructed. The Project Engineer shall also certify upon the Corrected Improvement Plans that such Plans correctly show all public improvements as actually constructed and that such public improvements have been constructed in accordance with the Standard Specifications in effect at the time such construction was accomplished. An electronic copy in AutoCAD format of such drawings shall become the property of the City. The Project Engineer shall also deliver to the City Engineer all compaction reports, daily construction logs, reports, written tests, pressure test results on all water lines, bacteria tests on all water lines, pressure tests on all wastewater lines, analysis and other data as may be necessary to verify or support the certification of the Project Engineer. Failure to provide this i information may result in the withholding of any building permits until information is delivered and approved. 8. ACCEPTANCE OF DEVELOPMENT. Upon satisfactory completion of such public improvements and facilities and Developer's delivery of Corrected Improvement Plans, the City will accept the Development. Such acceptance shall not be valid unless expressly acknowledged in writing by the City Engineer. Except as otherwise expressly provided in the Special Conditions, upon acceptance of the Development, the City shall assume ownership and control of all public facilities within any dedicated street, public utility right-of-way, or public utility easement within the Development. Acceptance of the Development shall not be deemed as a waiver of Developer's failure to fully and completely perform the terms and conditions hereof or as a waiver or release of the warranty set forth below. Prior to acceptance the owner must submit to the City Engineer the following documents: DEVELOPMENT AGREEMENT - 5 STONEBRIDGE DIV. 2 DA19-009 • Inspectors daily log or daily records • Water line test results • Sewer line test results • Road construction test results • Corrected improvement plans (AutoCAD format) • Engineers certification of compliance with approved engineering plans • Setting of monument corners Once all information is submitted to the Engineering Department, the City engineer will file a letter accepting the Development for city control and maintenance, and the authorization to the Building Department to allow building permits to be issued. 9. WARRANTY. Developer warrants that the materials and workmanship employed in the construction of all public improvements within the Development shall be good and sound and shall conform to generally accepted standards within the construction industry. Such warranty shall extend for a period of one (1) year after acceptance of the Development by the City, provided nothing herein shall limit the time within which the City may bring an action against Developer on account of Developer's failure to construct such improvements in accordance with this Agreement, the Improvement Plans or the Standard Specifications. At least 25% of the Developer's bond or other agreed upon surety shall remain in effect thru the warrantee period. 10. WATER & SEWER HOOKUP FEES & MONTHLY UTILITY RATES. Water and sewer hookup fees and monthly utility rates are established by City Resolution. Such rates are subject to updating from time to time. Developers of individual homes will be required to pay for the appropriate hookup fee for the size of water or sewer hookup desired. If excavation is required within any public right-of-way, an Excavation Permit will also be required. The home owner's developer will be required to install the water service line and purchase the necessary water meter materials as specified by the City Water Department, for use in the water service connection. The home owner's developer or his plumber will be responsible for acquiring DEVELOPMENT AGREEMENT - 6 STONEBRIDGE DIV. 2 DA19-009 the required plumbing permits and for all costs associated with the installation of the water service connection. 11. STREET IMPROVEMENTS AND SIDEWALKS STREET CONSTRUCTION. Developer will construct all streets in accordance with the Improvement Plan. Said construction shall conform to the typical street design cross -sections which apply to the type of road construction required in the development. Said cross -sections are attached hereto and specifically made a part of this agreement (EXHIBIT B-1). It is the policy of the City to pay for any street costs which may be required by the City but which exceed the standards required in a particular development. Any street cost sharing by the City is set out in the Special Conditions attached hereto. SEAL COATING OF STREETS. All streets within the Development are to be seal coated with an approved chip seal coat within two (2) years of construction unless special arrangements are made with the city engineering department. Developer may contract with the City to have the streets seal coated under a City seal coating project with all costs paid by the Developer. SIDEWALKS. Developer or homeowner is responsible for installing 5 ft. sidewalks in the Development. All sidewalks associated with the Development are to be completed within not more than three (3) years after the final plat of the subdivision is recorded. As lots are developed the sidewalks are to be constructed prior to the issuance of a certificate of occupancy. Lots that are not developed within the three (3) year period are to have the sidewalks installed by the Developer. Failure to construct the sidewalks within the allowed period will result in the lots being included in a Local Improvement District and the resulting costs assessed against the property. 12. STREET LIGHTS. Developer agrees to install street lights according to power company guidelines and City Engineering Standards. Developer will be responsible to provide power to the lights, including transformers. Any deviation from these guidelines will be at the discretion of the City of Rexburg Public Works Director. DEVELOPMENT AGREEMENT - 7 STONEBRIDGE DIV. 2 DA19-009 13. STORM DRAINAGE FACILITIES. The Developer will construct all on -site and off - site storm drainage facilities for this project with no financial participation from the City. Storm drain facilities will consist of at least a collection system and storage facility as approved by the City and DEQ. The design of the storm water facilities is to be done in accordance with accepted engineering practices. Storm drain facilities within the Development will include piping, catch basins and a storm water detention area as approved by the Engineering Department and shown on Improvement Drawings. Unless otherwise agreed to between the parties hereto, operation and maintenance for the storm water detention facility after the final plans have been developed and approved will be the responsibility of the Developer or Homeowners Association. 14. ONSITE IRRIGATION SYSTEM REQUIRED. In accordance with state statutes any lands historically irrigated with surface waters are to continue to be irrigated with surface waters. At a future date this may require the construction of a separate irrigation system. Plans, specifications, operations, and maintenance procedures are to be approved by the city engineer prior to construction. 15. FAILURE TO PAY FEES. In the event Developer fails or refuses to pay any of the fees, charges or costs set forth herein, the City may de -annex any property owned by Developer within the Development, or refuse to allow the Development to connect to city owned water or wastewater systems, or declare the entire unpaid balance immediately due and payable and collect such sums in the manner provided by law, or may pursue any other remedy set forth herein or as may be available at law or in equity. All such remedies shall be cumulative and the City may pursue the same separately or simultaneously as it deems necessary or appropriate. In the event of such acceleration, all sums due shall bear interest at the rate established by law for judgments entered in the State of Idaho. 16. PARTICIPATION BY CITY. The parties agree that those portions of the water mains, storm water facilities and sanitary sewer lines (hereafter collectively referred to as the "Shared Work"), the cost of which the City has expressly agreed to pay pursuant to the Special Conditions, including any water, storm water, or sewer line extensions, increased line size or capacity are required because of future service needs originating from properties not owned by Developer and DEVELOPMENT AGREEMENT - 8 STONEBRIDGE DIV. 2 DA19-009 located within the vicinity of the Development and that sound planning requires construction thereof at the present time in order to accommodate future expansion and development. In recognition 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 impracticality 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 Developer for 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 deliver to the City three (3) independent bona fide bids for the performance of such work from qualified and responsible contractors. Such bids shall be solicited and itemized in a manner which allows clear and specific identification of that portion of the construction work for which the City is responsible, or the City and the Developer may agree upon an equitable amount covering the City's participation in the shared work within the Development. The City shall have no obligation to pay for any portion of the costs of the Shared Work unless prior to the commencement of the work the parties have expressly agreed in writing to a specific amount for which the City will reimburse the Developer. Payment of such costs by the City shall be due within thirty (30) 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. The City will not participate in the Developer Engineer costs unless specifically stated in this agreement. 17. OCCUPANCY. No building within the Development shall be used or occupied for any purpose other than for the construction of such building or structure, unless all public improvements within the Development have been completed and accepted by the City Engineer. The City may withhold Certificates of Occupancy until all such work has been completed. 18. DEFAULT. In the event Developer fails to comply with the terms and conditions hereof in any material respect, the City may withhold the issuance of any building permits, certificates of occupancy or the connection of water or sewer service to any property owned by Developer and located within the Development, until such default is fully corrected. DEVELOPMENT AGREEMENT - 9 STONEBRIDGE DIV. 2 DA19-009 19. 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 mail, return receipt requested, postage prepaid and addressed as set forth above and shall be deemed received upon its deposit in the United States mail in such manner. 20. RECORDING FEES. Prior to the approval of the Development by the City Engineer, Developer shall pay to the City all recording fees necessary to record this Agreement with the Madison County Recorder's office. 21. WATER RIGHTS. In accordance with City Resolutions the water rights historically used on the Developers grounds are to be transferred to the City or used for onsite irrigation as required by State statutes. 22. IRRIGATION DISTRICT RELEASE. Prior to the final approval of the Development, Developer shall obtain a certification from the irrigation district, canal company, ditch association or other similar water delivery entity who provides or delivers water to any property located within the Development or who provides water through a facility passing through the Development. The certification shall state that the water rights for all property within the Development are being used for irrigation of the property or are being transferred from the property to the City and that all liens and assessments of such water delivery entity have been released. Or, the certificate shall state that all irrigation facilities that have been disturbed or altered by the Development have been repaired or reconstructed to the satisfaction of the irrigation water user and/or the irrigation entity owning or operating said irrigation facilities. Developer will be responsible for maintenance on any modifications to the irrigation system unless otherwise specified in writing. 23. BONDS. Prior to the beginning of construction, the Developer is required to file with the City the Bonds or other approved sureties as required in the Subdivision Ordinance. Failure to file the appropriate bonds will be justification to refuse the issuance of any building permits, and or the allowance of connection to any City utilities. DEVELOPMENT AGREEMENT - 10 STONEBRIDGE DIV. 2 DA19-009 24. CONFLICT WITH STANDARD SPECIFICATIONS. In the event of any conflict between the terms of this Agreement or the Improvement Plans and the Standard Specifications, the terms of this Agreement or the Improvement Plans shall prevail over any contrary provision of the Standard Specifications. In the event of any conflict between the terms of this Agreement and the Improvement Plans, the terms of this Agreement shall prevail. 25. COVENANTS APPURTENANT TO THE LAND. All covenants and conditions set forth herein shall be appurtenant to and run with the Development and shall be binding upon Developer's heirs, successors or assigns. 26. REMEDIES CUMULATIVE. All remedies herein 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. 27. GOVERNING LAW. This Agreement shall be governed by the laws of the State of Idaho. The venue for any action arising out of this Agreement shall be exclusively in the District Court of the 7th Judicial District of the State of Idaho, Madison County, or in the United States District Court for the District of Idaho. 28. ENTIRE AGREEMENT. This writing evidences the final and complete agreement between the parties and no other prior statement, representation or understanding shall be binding upon the parties unless expressly set forth herein. 29. SEVERABILITY. If any provision of this Agreement is determined to be invalid or illegal, the remainder of the Agreement shall not be affected. 30. WAIVER. Waiver by the City of any breach of any term, covenant or condition shall not be deemed to be a waiver of that term, covenant or condition on any subsequent breach of it or any other term, covenant or condition. No term, covenant or condition of this Agreement shall be deemed to have been waived by the City unless the waiver is in writing by the City. DEVELOPMENT AGREEMENT - 11 STONEBRIDGE DIV. 2 DA19-009 31. EFFECTIVE DATE. This Agreement shall become valid and binding only upon its approval by the City and upon its execution by the Mayor. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day and year first above written. [Signature Pages to Follow] DEVELOPMENT AGREEMENT - 12 STONEBRIDGE DIV. 2 DA19-009 ******************************************************************************************* FOR THE CITY OF REXBURG APPROVED AS TO FORM: Public W r s Director/ City Engineer, Keith Davidson STATE OF IDAHO ) SS. County of Madison ATTEST: By--L& L-A City Clerk, Deborah Lovej y (SEAL) F On this -�9— day of NNMIQ, 2024, before me, the undersigned, a Notary Public for Idaho, personally appeared Jerry Merrill, known to me to be the Mayor of the City of Rexburg, the municipal corporation that executed the foregoing document, and acknowledged to me that such City executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. �r��Na�nrrry��� ,•��`�p A W/� �''••, a �: 0 Q • ?OT ARC' . N N' AUS LXG o, ' 1X •O NOZ-11.t..... . OF 0ota!?yludb1hic for Idaho Residing at Rexburg, Idaho My Commission Expires: 2 Z DEVELOPMENT AGREEMENT - 13 STONEBRIDGE DIV. 2 DA19-009 ******************************************************************************************* DEVELOPER HIGLEY DEVELOPMENTS LLC 980 PIERVIEW DR STE B IDAHO FALLS, ID 83402 By: Bryson Higley Its: Manager Bryson Higley, Manage— r STATE OF =440 1 County of & M1 On this a3 day of 0 c r , 2024 before me, the undersigned, a Notary Public for said State, personally appeared Bryson Hig1gy, known or identified to me to be the Authorized Agent of the Limited Liability Company that executed this instrument, 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 first above written. W4 JXCOSSE° Idaho Notary Public Aumbcr 659402027 CO —.in Jul 1� Notary Public Residing at: XA1W rNAS My Commission Expires: DEVELOPMENT AGREEMENT - 14 STONEBRIDGE DIV. 2 DA19-009 ******************************************************************************************* Special Conditions The City of Rexburg (hereinafter referred to as "City") and HIGLEY DEVELOPMENTS LLC (hereinafter referred to as "Developer"), hereby agree to the following additional terms and conditions: (All shared costs will be determined before construction begins.) 1. STREET IMPROVEMENTS. The City will not share in the cost of any streets within the subdivision and they shall be built according to Typical Section No. 2 (see EXHIBIT B-1). Traffic Impact Study The City hired an engineer to perform a traffic impact study (TIS) to analyze the impact of this and other proposed developments on the street infrastructure near 7th North and 2nd East. The Developer agrees to reimburse the City for a proportion of the TIS. The Developer's proportionate share of the TIS was calculated based on this Development's proportion of the projected traffic to/from 7`h North and Lorene Streets, as determined in the traffic impact study. The Developer's share of the cost of the TIS for Division 2 is $598.00. Traffic Signal at T'' North and 2n' East The TIS recommended that a traffic signal be installed at the intersection of 7" North and 2"a East to address the increased traffic from this and other proposed developments. The Developer agrees to reimburse the City for a proportion of the traffic signal. The Developer's proportionate share of the traffic signal was calculated based on this Development's proportion of the projected traffic to/from 7`' North at the intersection with 2"a East, as determined in the traffic impact study. The Developer's share of the cost of the traffic signal for Division 2 is $16,185.00. Seal Coatine The City agrees to include seal coating of the City streets in a future City seal coating project. Based on the most recent bids received on May 17, 2024, the current cost of seal -coating is $2.03/SY. Seal Coating Cost for Division 2: 7,521 SY X $2.03/SY = $15,267.63 DEVELOPMENT AGREEMENT - 15 STONEBRIDGE DIV. 2 DA19-009 2. WATER FACILITIES. The Developer will be required to provide adequate pressure to all lots in the subdivision. (IDAPA 58.01.08.552.O1.b minimum 40 psi, normal working pressure between 40 and 80 psi.) The Developer will be required to install all onsite water lines at their expense. The Developer will be responsible for the installation of all water lines, service lines, valves, fire hydrants and related work within the Development. The Developer will also be responsible for an area charge of $861 per acre for the area of the development further than 250 feet from the water line considered for the Front Foot Charge (Resolution 2005 -10). The cost to the Developer is: Fees waived based on Main Water Delivery Line Agreement dated December 22, 1997. 3. FRONT FOOT WATER CHARGE AND EXTENSIONS. The subject property has approximately NO lineal feet of frontage along an existing city water line that the City installed within or adjacent to the proposed development in the past. The Developer shall reimburse the City in accordance with the current ordinance as follows: Front footage costs for water line: Fees waived based on Main Water Delivery Line Agreement dated December 22,1997. 4. SANITARY SEWER FACILITIES. A regional lift station and pressure sewer line have been constructed to service the Development. The Developer will be required to pay a proportionate share of the regional lift station and related facilities as determined by the City. The proportionate share to Developer will be $1821 per acre of development (Resolution 2005-10). The Developer will be responsible for the installation of the onsite sewer collection system. The cost to the Developer is 11.09 acres x $1821/acre = $20,194.89. The City agrees to reimburse the Developer for the increased material cost to upsize the sewer line (between the existing manhole MH #9 on the north side of the river to MH #7 in Tanglewood Drive) from the standard 8" diameter sewer line to the requested 21" diameter sewer line. The City also agrees to reimburse the Developer for the increased cost to install the portions of the sewer line deeper than 16' (existing grade to pipe invert) to plan for sewer service to other DEVELOPMENT AGREEMENT - 16 STONEBRIDGE DIV. 2 DA19-009 properties to the west and north of the Development. The additional costs must be documented in accordance with Section 16 of the Agreement. The Developer agrees to provide a 20 ft wide temporary easement for the sewer line through the unplatted property east of Division 2, until that property is platted. 5. FRONT FOOT SANITARY SEWER CHARGES. The subject property has NO lineal feet of frontage along any sanitary sewer line that the City has installed. The Developer shall reimburse the City for his share of the costs of said utility as follows: Front footage costs for sanitary sewer line: NONE. 6. STORM SEWER FACILITIES. The Developer will install all onsite storm drainage facilities, including the detention facility. Lot 6 of Block 5 of Stonebridge Division No. 2 where the storm water pond will be located will be deeded to the City and the City will assume maintenance and upkeep of the storm water facilities. 7. FRONT FOOT STORM DRAIN CHARGES. The subject property has NO lineal feet of frontage along the storm drain line that the City has installed. The Developer shall reimburse the City for his share of the costs of said utility as follows: Front footage costs for storm drain charges: NONE. 8. ON SITE IRRIGATION SYSTEM: If, at some time in the future, an onsite irrigation system is required by any state or federal agency the developer or current owner agrees to install a separate irrigation system using surface water as required. 9. WATER RIGHTS/SHARES: Because the Developer did not provide water rights or water shares for the land to the City at the time of the development, the Developer will be required to pay for the water shares that would have been provided for this phase of development. The cost to the Developer for Division 2 is: 11.09 acres x 1 share/10 acres x $1300/share = $1,441.70. DEVELOPMENT AGREEMENT - 17 STONEBRIDGE DIV. 2 DA19-009 10. PATHWAY RIGHT OF WAY. The Developer agrees to deed to the City the right of way for the pathway planned to be constructed along the north side of the river, as shown on the plat for Division 2 and the master plan for the future divisions to the east. END OF SPECIAL CONDITIONS [Signature Pages to Follow] DEVELOPMENT AGREEMENT - 18 STONEBRIDGE DIV. 2 DA19-009 FOR THE CITY OF REXBURG \0\%II 111111 j jjj/' APPROVED AS TO FORM: �`�° .. .............. °✓✓, 03 Public W s irector/ City Engineer, Keith Davidson APP D ✓O`/;z ;UFI I DIP�O\``��� Illl By: ATTEST: M or, J ry Mer By: City Clerk, Deborah Lovejoy (SEAL) STATE OF IDAHO ) ss. County of Madison On this 119 day of�y-P�r , 2024, before me, the undersigned, a Notary Public for Idaho, personally appeared Jerry Merrill, known to me to be the Mayor of the City of Rexburg, the municipal corporation that executed the foregoing document, and acknowledged to me that such City executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. otary Public for Idaho Residing at Rexburg, Idaho My Commission Expires: b DEVELOPMENT AGREEMENT - 19 STONEBRIDGE DIV. 2 DA19-009 ******************************************************************************************* DEVELOPER HIGLEY DEVELOPMENTS LLC 980 PIERVIEW DR STE B IDAHO FALLS, ID 83402 By: Bryson Higley Its: Manager Bryson Higley, NDnaoe STATE OF Idaho) : SS. County of Madison) On this 23r�day of QCA4P , 2024 before me, the undersigned, a Notary Public for said State, personally appeared Bryson Higley, known or identified to me to be the Authorized Agent of the Limited Liability Company that executed this instrument, 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 first above written. 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