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HomeMy WebLinkAboutMemorandum of Understanding With Autumn Faire Homeowners Association for Autumn Faire Sub MEMORANDUM OF UNDERSTANDING WITH REGARD TO MAINTENANCE OF LANDSCAPING AND SPRINKLER SYSTEM Autumn Faire Subdivision THIS AGREEMENT is made and entered into by and between the CITY OF MERIDIAN, IDAHO, hereinafter "City," and AUTUMN FAIRE HOMEOWNER'S ASSOCIATION, INC., an Idaho corporation, hereinafter the "Association." Recitals WHEREAS, the Association owns the following described well lot real property located within Autumn Faire Subdivision, to-wit: See Exhibit nAn attached hereto and, by this reference, incorporated herein as if set forth in full; and WHEREAS, the City, at its expense, will be constructing a building to house the well and water system on the well lot real property and a driveway into the well lot real property, and will plant enhanced landscaping on the well lot real property, including the installation of an automatic sprinkler system; and WHEREAS, the Association has agreed, in exchange for the enhanced landscaping and sprinkler system, to maintain the landscaping and sprinkler system once it has been installed by the City. NOW, THEREFORE, the City and the Association covenant and agree as follows, to-wit: Agreement 1. INCORPORATION OF RECITALS: The above recitals are contractual and binding and are incorporated herein as if set forth in full. 2. MAINTENANCE OF LANDSCAPING AND SPRINKLER SYSTEM: Once the City has installed the landscaping and automatic sprinkler system on the above described well lot real property, the Association agrees to undertake the maintenance and MEMORANDUM OF UNDERSTANDING WITH REGARD TO LANDSCAPING AND SPRINKLER SYSTEM - 1 Autumn Faire Subdivision repair of the landscaping and sprinkler system at its sole cost and expense, including replacement of any ground cover or plants that die or are diseased or damaged. 3. PERMISSION BY CITY: The City agrees that the Association shall have permission to come onto the well lot real property for the purposes of accessing, maintaining and repairing the landscaping and sprinkler system. 4. OPERATIONS MANAGER: The Association agrees to designate an operations manager and direct such operations manager to perform the necessary tasks required of Association under this agreement. 5. NOTIFICATION: Any notice between the parties shall be in writing and shall be deemed delivered three (3) days following the mailing of such notice to a party at the following address: City of Meridian Ci ty Hall 33 E. Idaho Meridian, ID 83642 Autumn Faire Homeowner's Association, Inc. c/o Valley Property Management PO BOX 44739 Boise, ID 83711 6. SITUS AND BINDING EFFECT: This Agreement shall be construed under the laws of the State of Idaho. This Agreement shall inure to and bind the respective heirs, legal representatives, successors and assigns of the parties. 7. ENTIRE AGREEMENT: The parties agree that this Agreement constitutes the entire agreement between the parties hereto. 8. SEVERABILITY: In the event any of the provisions of this Agreement shall be deemed illegal or unenforceable, such determination shall not operate to invalidate any of the remaining provisions of this Agreement. 9. HEADINGS: The underlined paragraph headings are for convenience only and are not a part of this Agreement and shall not be used in interpreting or construing this Agreement. MEMORANDUM OF UNDERSTANDING WITH REGARD TO LANDSCAPING AND SPRINKLER SYSTEM - 2 Autumn Faire Subdivision IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first above written. The Agreement will be effective on 1// / /tJ5, 2005. 1- I / L j. ~I;/N~ O~*;N~ ASSOCi~lionC;-~ . I BY~) B7/ d.,('). Name, ~ G,Vk& Attest William G. Berg, Jr. City Clerk Address for giving notices 33 East Idaho Ave. Meridian, ID 83642 [CORPORATE SEAL] A<<esl&~~ Address for giving notices Autumn Faire Homeowner's Assoc. c/o Valley Property Management PO BOX 44739 Boise, ID 83711 . If ASSOCIATION is a corporation, attach evidence of authority to sign if other that President signing MEMORANDUM OF UNDERSTANDING WITH REGARD TO LANDSCAPING AND SPRINKLER SYSTEM - 3 Autumn Faire Subdivision Exhibit A USTI CK Cl o ~ ~ 3150 N. Valley Green Way ~ u ::.:: u < ...J !Xl MOON LAKE C===WOO~ MEMORANDUM OF UNDERSTANDING WITH REGARD TO LANDSCAPING AND SPRINKLER SYSTEM - 4 Autumn Faire Subdivision