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Development Agreement Adara at Teton Lakes
Instrument # 467794 REXBURG, MADISON, IDAHO 5-7-2025 03:47:19 PM No. of Pages: 27 Recorded for: CITY OF REXBURG KIM H. MUIR Fee: 88.00 Ex-Officio Recorder Deputy DEVELOPMENT AGREEMENT ADARA at TETON LAKES OF THE CITY OF REXBURG AGREEMENT, made this So Ty day of A FJ?J L- , 2025, 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 RFW PROPERTIES, LLC (hereinafter called the "Developer"), with a mailing address at: PO BOX 98, REXBURG, ID 83440. 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 "ADARA at TETON LAKES 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 construction of 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 ADARA AT TETON LAKES. 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 ADARA DA23-012 2. IMPROVEMENT PLANS. Developer has filed 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, barricades, fiber network conduit and handholes, 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 resolution of all civil design elements, 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 construction is accomplished. 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. 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 DEVELOPMENT AGREEMENT - 2 ADARA DA23-012 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 will include at least 2 hours of onsite inspection each day the contractor is working. 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 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) DEVELOPMENT AGREEMENT - 3 ADARA DA23-012 • 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 every 10,000 ft' 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. 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 DEVELOPMENT AGREEMENT - 4 ADARA DA23-012 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 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: • Inspectors daily log or daily records • Water line test results • Sewer line test results • Road construction test results • Corrected improvement plans (AutoCAD format) • Engineer's certification of compliance with approved engineering plans • Setting of monument corners DEVELOPMENT AGREEMENT - 5 ADARA DA23-012 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 and/or Certificates of Occupancy 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 tiro the one (1) year 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 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 homeowner'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 homeowner's developer or his plumber will be responsible for acquiring 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 Street and Utility 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 DEVELOPMENT AGREEMENT - 6 ADARA DA23-012 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 ten (10) 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. Vacant lots that are not developed within five (5) years may be subject to the vacant 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 at each street intersection, and at a maximum distance of 400 feet along city streets and at the end of cul-de-sacs. Street Lights will be installed according to Fall River Electric guidelines. Street lights shall be as per current engineering standard details, mounted on a 25-foot metal pole, or a shorter decorative metal pole, as approved by the City. Any deviation from these guidelines will be at the discretion of the City of Rexburg Public Works Director. All fixtures are to be dark sky compliant. 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 storm water infiltrators, as approved by the Engineering Department and shown on Street & Utility Improvement Drawings. DEVELOPMENT AGREEMENT - 7 ADARA DA23-012 14. ONSITE IRRIGATION SYSTEM. The construction of a separate secondary irrigation system will not be required and irrigation will be allowed from the City water system, upon transfer of groundwater rights to the City as outlined in the Special Conditions. 15. FAILURE TO PAY FEES. In the event Developer fails or refuses to pay any of the fees, charges or costs set forth herein within reasonable timeframes and after properly notified in writing as required by law, 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 street construction, 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, lift station facilities, increased line size, increased line depth or capacity, or increased road width or thickness are required because of future service needs originating from properties not owned by Developer and 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, system expansion 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 or for the entirety 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 DEVELOPMENT AGREEMENT - 8 ADARA DA23-012 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, or as otherwise agreed in the attached Special Conditions. The City will not participate in the Developer Engineer costs unless specifically stated in the Special Conditions. 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 active phase of 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 within the active phase. 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. In the event the City fails to comply with the terms and conditions hereof in any material respect, the Developer may seek relief as permitted by law, with no hinderance to the timely delivery of the Development and disposition of lots with the accompanying issuance of building permits and certificates of occupancy. 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. DEVELOPMENT AGREEMENT - 9 ADARA DA23-012 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. The water rights required for the Development are addressed in the Special Conditions. 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, if any. The certification shall state that the water rights for all property within the Development are being used for irrigation of the property or have been surrendered to the City and that all liens and assessments of such water delivery entity have been released. Or, if applicable, 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. If applicable, the 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. 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. DEVELOPMENT AGREEMENT - 10 ADARA DA23-012 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, or as applicable, shall be binding upon the City. 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 or Developer. 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 by a properly executed and recorded amendment. 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 or the Developer 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 or the Developer unless the waiver is in writing by the City or the Developer. 31. EFFECTIVE DATE. This Agreement shall become valid and binding only upon its approval by the City and the Developer, and upon its execution by all parties, including 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 -11 ADARA DA23-012 ******************************************************************************************* FOR THE CITY OF REXBURG APPROVED S TO FORM: Pu ac Wo ector/ City Engineer, Keith Davidson APPROVED By: ayo , jenrTe STATE OF IDAHO ) ss. County of Madison ATTEST: By: City Clerk, Deborah Lovejoy (SEAL) F On this day of , 2025, before me, the undersigned, a Notary Public for Idaho, personally appeared Jerry Wrrill, 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. -qt%0TA4 •� N (P qZJEJ L%G c,, IV IN 0. •o %F •� o.* 606 .0 otary Public for Idaho Residing at Rexburg, Idaho My Commission Expires: 2 -2- �Z DEVELOPMENT AGREEMENT - 12 ADARA DA23-012 ******************************************************************************************* DEVELOPER RFW PROPERTIES, LLC PO BOX 98 REXBURG, ID 83440 By: Aaron Richards Its: President Aaron Richards, President STATE OF Idaho) ss. County of Madison) On this 7 Dday of ( , 2025 before me, the undersigned, a Notary Public for said State, personally appeared Aaron Richardsknown 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. "�00\\0W PASScy�//// '.tY PUc•. • .4p '•. • MY COMMISSION "PIRES 3*2030 (SEAL) Notary Public Residing at: My Commission Expires: s - L-1 - 0 DEVELOPMENT AGREEMENT - 13 ADARA DA23-012 ******************************************************************************************* Special Conditions The City of Rexburg (hereinafter referred to as "City") and RFW PROPERTIES, 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, except as noted below. TRAFFIC IMPACT STUDY A traffic impact study was required and submitted for this Development. 12`h WEST The existing City street 12`' West runs along the east edge of the property. The Developer previously deeded to the City 50 feet of right of way along the east edge of the parcel. The Developer will be responsible to construct the western lane of 12`' West and to construct curb, gutter, and storm drainage facilities along the west side of the street, along the Development, according to Typical Section No. 5 (see EXHIBIT B-1). The Developer will be responsible for a width of 19.5 feet of new asphalt and the roadway thicknesses of Typical Section No. 4. The Developer will be responsible for construction of the sidewalk along the west side of 12' West, along the Development's frontage. The City agrees to reimburse the Developer for any additional width of asphalt greater than 19.5 feet and the increased roadway thickness, in accordance with Section 16 of the Development Agreement. 2. WATER FACILITIES. The Developer will be required to install water lines of sufficient size to provide adequate pressure to all lots in the Development. (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 also be responsible for an area DEVELOPMENT AGREEMENT - 14 ADARA DA23-012 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 shall be calculated by multiplying the acreage of Development by $861.00 (with the area reduced by 250 feet X 524 feet = 3.01 acres before calculating the total). The total cost to the Developer for the Development shall be: Water Area Charges: (62.385 acres — 3.01 acres) x $861.00/acre = $51,121.88 3. FRONT FOOT WATER CHARGE AND EXTENSIONS. The subject property has approximately 524 lineal feet of frontage along an existing city water line adjacent to the proposed development. The Developer shall pay the City in accordance with the current ordinance as follows: Phase 1 Front footage costs for water line: 524 feet x $62.50/ft = $32,750. Phase 2 Front footage costs for water line: NONE. The Developer will be responsible for the installation of all additional water lines, service lines, valves, fire hydrants and related work within the Development. 4. SANITARY SEWER FACILITIES. An existing lift station (the "Larch Lift Station") and pressure sewer line were constructed previously that are capable of servicing Phase 1 of the Development. Phase 2 of the Development is not able to flow by gravity to the existing Larch Lift Station wet well. The City's Wastewater Collection Master Plan planned that a new regional sewer lift station be constructed to the west of 12`' West and south of the Development. This regional lift station (hereafter called the "Rimrock Lift Station") is intended to replace the existing Larch Lift Station and will be capable of servicing a larger area. The Rimrock Lift Station requires the existing 6-inch pressure line to be extended from the existing Larch Lift Station to the new Rimrock Lift Station (with future construction of a larger pressure line from the Rimrock Lift Station back to the treatment plant), as growth in the service area occurs. The Developer's cost share in the Rimrock Lift Station and pressure sewer line is equal to the Sewer Area Charge at $1821 per acre of development (Resolution 2005-10) for the full Development. Developer's Share for Phases 1 and 2: 62.385 acres x $1821/acre = $113,603.09. The City agrees to reimburse the Developer the following amount for the sewer improvements, in accordance with Section 16 of the Development Agreement: The total DEVELOPMENT AGREEMENT - 15 ADARA DA23-012 construction cost of the new Rimrock Lift Station and 6-inch pressure line minus the Sewer Area Charges that are due for Phases 1 and 2. The City and future developments will cover the cost of the new Rimrock Lift Station upsizing and pressure line upsizing. Costs that will be included in the cost calculations of the Rimrock Lift Station: a. The cost of the lift station facility, wet well, pumps, control panels, force main lines, cleanouts, all lift station components, communication equipment, power backup systems, underground three phase power connections from the existing overhead service lines, natural gas connections, water connections, telephone connections, pad site, fencing, gates, driveway and any other component as required by the City for construction and startup of the Rimrock Lift Station. b. The cost of de -watering, as required to construct the Rimrock Lift Station. c. The cost to re -design the Rimrock Lift Station and gravity sewer lines ($11,200). d. The cost of decommission, pumping, demolition, haul -off and disposal of the Larch Lift Station wet well and attached facilities. The Developer is responsible for construction of 8-inch gravity sewer lines and manholes within the Development to depths up to 16 ft deep in accordance with Resolution 2022-07. The City requested that the some lines have larger diameters and some be deepened beyond 16 ft deep to serve future development. Lines that are required to be upsized include: the line from the existing Larch Lift Station to the intersection of 12`'' West/Adara Avenue and north in 12`' West is designed as 10-inch, the line from the intersection of 12`'' West/Adara Avenue to the Rimrock Lift Station is designed as 12-inch, and the line from the Rimrock Lift Station to the intersection of Parkview Lane/Taggart Drive is designed as 12-inch. Developer's Share: All costs to construct 8-inch gravity sewer lines and manholes less than 16 ft deep (from existing ground surface to invert) within the Development. City's Reimbursement: The additional manhole cost and installation cost to install gravity sewer lines deeper than 16 feet within the Development, including additional costs for trench safety boxes, trench shoring, oversized excavation equipment as required for the safety of the installing crew and dewatering. And the additional material cost to install larger gravity sewer lines within the Development. Construction of the gravity lines will be DEVELOPMENT AGREEMENT - 16 ADARA DA23-012 accomplished at the most efficient time relative to groundwater level. Documentation of costs must be provided in accordance with Section 16 of the Development Agreement. The existing Larch Lift Station is located within a 100 ft X 100 ft easement on Lot 16 of Block 3 of Pine Brook Estates Division No. 2, owned by the Developer. The new Rimrock Lift Station is proposed to be constructed on Lot 1 of Block 4 of Adara at Teton Lakes, also owned by the Developer. The City agrees to issue a quitclaim deed to the Developer for the lift station easement for the Larch Lift Station and the blanket sewer line easement on the lot, in exchange for the Developer deeding an equivalent easement to the City for the Rimrock Lift Station. The Developer also agrees to grant to the City utility easements for the proposed sewer lines across the north and east sides of Lot 16 of Block 3 of Pine Brook Estates Division No. 2. Reimbursement Schedule: The City agrees to reimburse the Developer for the City's share of the Rimrock Lift Station and sewer line costs in monthly draws. The City reimbursements will begin after the Developer's share has been deducted from the project costs. The Developer's draw request shall be submitted with all required documentation at least ten (10) days before a scheduled City Council Meeting (generally held on the 1 st and 3rd Wednesdays of each month) following completion and acceptance of the invoiced work. The draws shall be certified by a site inspection conducted by the engineer of record. The City also reserves the right to verify installed quantities. The City shall remit payment to the Developer with the regularly scheduled checks issued following the City Council Meeting. The Developer's share of the sewer improvements listed in this Agreement applies only to this Development. If the Developer develops additional land outside of the scope of this Development and Agreement, the Developer will be required to reimburse the City additional costs through Sewer Area Charges per the resolution current at the time of future development. The Bond or surety posted at start of construction shall only include the Developer's share of the Rimrock Lift Station and sewer system. DEVELOPMENT AGREEMENT -17 ADARA DA23-012 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 in the form of infiltrators, and upon City acceptance of the Development infrastructure (in one or more phases), the storm sewer facilities for the City streets shall be owned and maintained by the City. 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. WATER RIGHTS/SHARES: The Developer is required to provide groundwater rights to the City upon development of lands, in accordance with the current City resolution. The Developer agrees to transfer to the City groundwater rights necessary for irrigation of 62.385 acres of land at a diversion rate of 0.010 cubic feet per second per acre (cfs/acre), or equivalent. Water Rights required for Phase 1: 25.106 Acres Water Rights required for Phase 2: 37.279 Acres END OF SPECIAL CONDITIONS [Signature Pages to Follow] DEVELOPMENT AGREEMENT - 18 ADARA DA23-012 ******************************************************************************************* FOR THE CITY OF REXBURG APPROVED FORM: Public Vor hector/ City Engineer, Keith Davidson APPROVED L'1.w1A`1 STATE OF IDAHO ) s s. County of Madison CORPp •.��G G ATTEST: By: City Clerk, Deborah Lovejoy (SEAL) On this ( day of a , 2025, 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. 'NNlgllltpp�� / W Notary Publliiccc for Idaho �S Residing at Rexburg, Idaho 1%160:Aq� N = My Commission Expires: 2 OF ,oP,,,,� ******************************************************************************************* DEVELOPMENT AGREEMENT - 19 ADARA DA23-012 DEVELOPER RFW PROPERTIES, LLC PO BOX 98 REXBURG, ID 83440. By: Aaron Richards Its: President Aaron Richards, President STATE OF Idaho) I-IRM County of Madison) On this ? day of 1 Or; , 2025 before me, the undersigned, a Notary Public for said State, personally appeared Aaron Richards, 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. 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