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HomeMy WebLinkAboutCC - Agreement to AnnexAGREEMEITT TO ANNEX BAI{CROTT WUARE DSVELOPMNET WITH SUTIIERI"AIID FARM HOA RECITALS WIIER,EAS Bancroft Square Subdivision (Developer and Builder. Joe Atalla;) {"Grantors"} is a planned developnrent of certain lands in Ada County, ldaho. described mort porticularly on Exhibit Al WHEREAS Sr*trcrland Farm Homeowners Associatisr. Inc. (Prcsidenl Br-vce Hergen) ("SF HOA*) represnrs lhe orvners of cenain lands alrcady developed in Ada County, ldaho. d$cribed more particularly ort Extribit B; IIYHEREAS Crantsrs desirc to subjeet the property de$cribed in Exhibit A to the same covenan$. conditions. restrietions. ea$ements. raservatiom. limitations. and equitable servitudes applicable ro SF HOA: and WHEA.f,A,S bath prtiesdesire to enhance and prescrve property vsltrcs in their ftlspective rcsidsntial developnrens: ACCORDII{GLY, rhe partic$ agree as fotlows: TERMS l. Grantors shall adop SF HOA's Master Dcclaration of Covenants. Llonditions and Itestrictions. irxluding any anrendments. tirst rccsded Sepember 8. 2003 as lnsmrnrnt No. 10315246O in the olfice of the Counry Re+order of Ada Courxy. ldaho. 2. Grastors shall adopr SF HOA's Architcetural Rules and Standards. including any amendmems. including any rules:regording ovrsight or paymcnl of assessRrents or fees by SF HOA or rhe Archirecrural Control Commirtee (*ACC"). Cranror shall install srrcet lights and rrther strecr anenities qonsislent with those installed in Sutherland Farm and l Sutherland Down. l Ans,sxntlon Agrecment Sartcrtft $qn*rn $nbtli vison Slj I IOA slrall ;rllos it riidr$iiur in the rninintum $quare l*otagc rcquircm*nls lirr honrcs huilt in llancroli Squar,* l'ronr l.l(Xl squar!'t'er1 to ll00 stluarc li'tt. as ccrrtnincd irr thc rninul*s ol'tlrs .\Iar l0l6 Board iltcctine. -1. 5t; l*l()r\ *rtiJ thc;\{'{'shull pru-lr}}[]rr]\,i" tl*trr plalls tlr;rt {irant*rr r}ln,\ huvcr$ i* l};utunrti Squarr SuL:rlirisit:ru: lttr*'r\'*r. th* luts irlull rtill rnrdl l*ttt"l:citpinil rctluirerll*rlts sri lr) thg .,\{"{"'" ,-\rltiititrn;rl11 . (, rilnt(}r} *r t}rcir burcrs arL' rqsp()nsiblc tirr alrl ovcrsir:lrt lccs. (irantors strall pa-r S 15.0{X) cash to Suthr:r}md Fanrr lionrco\r'r1urs .\ssociarion u itlrin .i{l day s ot' plat rucording. F?tf* lixiicr-rtr:d thir frtfl *,,3 oi',lrrlr. l{r Ir:,. fiAXCI{,T}F-tr"stJt ARE .q[: BI]t VI $l$5 i $t TH[:ltl-..t,r[} I;"AK]I l"l(}it. lx{l "liilitti ff'* i ffitr"g,{ffi+tuy ,1il ilt.tltl itlrr .,tgrrgttr* ill Baucnoft Sq*:rre $uhrlil irtrlr -f'-\f .,,-:'I r., f .I *r#i#t.{t:Ilr': Parnela Judy Secretary