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Regency at River Valley App (2) c;~t" "--~ ~~;dl~Pi ~~ '\ TRANSMITTALS TO AGENCIES FOR COMMENTS ON L/VL6. XI ~C' IDAHO /' DEVELOPMENT PROJECTS WITH THE CITY OF MERIDIAN ~:'"'~)"I""-r"E^"l'''E VN-'J'-" To insure that your comments and recommendations will be considered by the Meridian Planning and Zoning Commission please submit your comments and recommendations to Meridian City Hall Attn: Will Berg) City Clerk, by: August 24,2006 Transmittal Date: July 28, 2006 File No~: AZ 06-035 I CUP 06-022 Hearing Date: August 31, 2006 Request: Public Hearing.. Annexation & Zoning of 12.06 acres to C-C (1.50 acres) & R-40 (10.56 acres) zones and Conditional Use Permit approval to construct a multi....family development consisting of 204 multi-family dwelling units on 12.06 acres in a proposed R...40 zone for Regency at River Valley By: The Regency at River Valley, LLC Location of Property or Project: east of Eagle Road & north of Fairview Avenue MAYOR Tammy de Weerd CITY COUNCIL MEMBERS Kei th Bird Joseph W. Borton Charles M. Rountree Shaun Wardle CITY DEPARTMENTS City Attorney/HR 703 Main Street 898-5506 (Ci ty A tio rney) 898-5503 (HI<) Fax 884-8723 Fire 540 E. Franklin Road 888-1234 / fax 895~0390 David Zaremba (no FP) David Mae (no FP) Wendy Newton-Huckabay (No FP) Michael Rohm (No FP) Keith Borup (No FP) Tammy de Weerd, Mayor Charlie Rountreer C/C Joe Borton, C/C Keith Bird, C/C Shaun Wardle, C/C Water Department Sewer Department Sanitary ServiceS(No VARJ VAC~ FP) Building Department I Rich Greene Fire Department Police Department City Attorney City Engineer City Planner Parks Department Parks & Recreation 1.1 W. Bower Street 888-3579 I fax 898-5501 Planning 660 E. Watertower Lane Suite 202 884-5533/ fax 888-6844 Po Ii ce 1401 E. Watertower Lane 888-6678 / fax 846-7366 Public Works 660 E. Watertower Lane Suite 200 898-5500 / fax 895-9551 - Build ing 660 E. Watertower Lane Suite 150 887-2211 / fax 887-1297 - Wastewater 3401 N. Ten Mile H.oad 888- 2 i. 91 / fax 884-0744 - Water 2235 N.W. 8th Street 888-5242/ fax 884-1159 Your Concise Remarks: Meridian School District (No FP) Meridian Post Office(FP/PP only) Ada County Highway District Ada County DeveJopment Services Centra I D i stri ct H ea Ith Nampa Meridian Irrig. District Settlers I rrig. District Idaho Power Co. (FP.PPtCUP) Qwest (FP/PP only) I nte rmo u nta in Gas {FP/PP only} Bureau of R eeJ am at 10 n (F P/PP only) Id aha Transportation Dept. (No FP) Ada County Ass. Land Records Meridian Development Corp. Historical Preservation Comm. CITY HALL 33 EAST IDAI-IO AVENUE MERIDIAN, IDAI-IO 83642 (208) 888-4433 cn-y CLERK - FAX 888~42"]8 FINANCE & UTILITY BILUNC - FAX 887-4813 MAYOR'S OFFICE - FAX 884-8119 Prin ted on recycled paper Hearing Date: August 31,2006 File No~: AZ-06-035 Project Name: Regency at Riv~r Valley Request Location: Annexation and toning of 12.06 acres to C-C (Community Business District)(1.50 acres) and R-40 (High Density Residential)(10.56 acres). by The Regency at River Valley, LLC. East side of Eagle Road, approximately Y2 mile north of Fairview Avenue; Section 4, Township 3 North, Range 1 East. File No: CUP-06-022 Project Name: Regency at River Valley Request: Conditional Use Permit approval to construct a multi-family development consisting of 204 multi-family dwelling units on 12.06 acres in the proposed R-40 zone, by The Regency at River Valley, LLC~ File No: VAR-06..014 Project Name: Regency at River Valley Request Variance request to UDC 11-3C-6A, to provide less than 2 covered parking stalls for each multi-family dwelling unit, by The Regency at River Valley, LLC. File No: VAR-06-015 Project Name: Regency at River Valley Request: Variance request to UDC 11-4.3.2783 to provide less than 80 square feet of private, usable open space for each multi-family dwelling unit, by The Regency at River Valley f LLC. File No: VAR-06-016 Project Name: Regency at River Valley Request: Variance request to UDC 11-3H-482 to construct a vehicular access to a state highway at a location other than a section line road or the half mile rnar~ b~~~,~rJ._ .^ sections, by The Regency at River Valley, LLC. ?-;:;--E"CE t-'.:E~--T-' . , , o"1! ")Of'~ , ") LlrJt) Ci l-Y OF MERIDIAN {-:I-f\l C.. I FRK nCl-~~r:r= ..." '." J.:t:-}Y ~~ ~-':-4'~ ~ 4i \~ :~ ( .,:;.... --=:... J ~.~..... .~..":- . s ~r~?'- /.~~n , cUo;;di;~' " ~ ~~ \? 1..\\\\~ Planning Department \ IlJAHO II..>P'R ... ~ \~ \~r\,,,* _ ",-n~' . lI$1\"\:o~, ' SSION & COUNCIL REVIEW APPLICATION -,-f;,i'"'^'"",,':'" -' '"'l,\'i. 0 ~ ~ G 8r. 1J ------- ~~~ Type of Review Requested (check all that apply) t(J Annexation and Zoning D Comprehensive Plan Map Amendment o Comprehensive Plan Text Amendment KI Conditional Use Permit o Conditional Use Permit Modification o Final Plat D Final Plat Modification :-:: Planned Unit Development o Preliminary Plat o Rezone o Time Extension (Commission or Council) o UDC Text Amendment o Vacation (Council) (gJ Variance 1- ~ .m Other ~ f\.J.tl \'~n ~~!\I.e~.\~ STAFF USE ONLY: Filenumber(s): A7-0b-(3)/(~{J",,(j~-6Z _ VAR-ob-o/L( It) Arc-.Ob-O(~ I \J./Vl-o(j- I b Projectname:'1k e~~", ('1 ,+ R:v-t{ U<<I ei Date filed: t/ -/"( -o..b Date complete: b -7, C( -O~ Assigned Planner: Ca J C?- h ff&A Related files: Hearing date: 13 ~l-ot ~ Commission 0 COWlcil Applicant Information Applicant name: The Reqency at Ri ver Valley, LLC Applicant address: 77 A, W qOO 0 S.. West Jordan (0 UT Applicant's interest in property: 0 Own ~ Rent 0 Optioned 0 Other Phone: 8 0 1 5 6 6 2 2 2 4 Zip: 84088 Owner name: ~AA 'Rxhi hi t l"A I Owner address: 2785 W 9000 S, West Jordan I' UT Phone:8 0 1 5 6 6 2 2 2 4 Zip: 84088 Agent name (e.g&, architect, engineer, developer, representative): ~rAg R; nd 1 j s ha cher Finn name: R~MI, I~LC 2785 W 9000 S, West Jordan, UT Phone: 8 0 1 5 6 6 2 2 2 4 Zip: 84088 Address: Primary contact is: 0 Applicant 0 Owner KJ Agent 0 Other Contact name: B~nj amin Clegg E...mail: hplI @hr. ~h~()rp ~ com Phone: 8 0 1 5 6 6 2 2 2 4 Fax: 8 0 1 5 6 6 2 2 0 3 Subject Property Information Location/street address: 2500 N Eagle Road (0 Meridian.. ID 83642 Assessor's parcel number(s): S 1 1 0423 3 91 4 Year 200 6 Township, range, section: -I:;:xh i hi f- ' B I 3l\l If:.irotal acreage: + -11 Current land use: A g r i cuI t u r a 1 Current zoning district: Not ., '(YEn JUL 2 3 2006 G1TY OF MEP 660 E. Watertowe~ L~ne, Suite 202 · Meridian, I~aho 83642 .. . G 1 T \f 0 r::- ; ...'\1 0 IA f\J Phone: (208) 884-5533 · FacsimIle: (208) 888-6854 . Webslte: \'^v\v.rnendmncltv.org.... ! t...,~ J .".,.... R y\ n!=' r= (r 1= I .. . 'l;,. ~,., Project Description Projectlsubdivisionname: The Regencv at River Valley, LLC General description of proposed project/request: Apartment Communi ty: Cl ubhouse, Pool & Spa: 204 Apartment unitsr & Common Areas. Commercial Office Proposed zoning district(s): R- 40 & C-C Acres of each zone proposed: 10. 56 Acres & 1. 1 5 Acres Type of use proposed (check all that apply): [l: Residential XlConunercial 0 Office 0 Industrial 0 Other Amenities provided with this development (ifapplicable):Residential : Pool ~ Spa. Common A Who will own & maintain the pressurized irrigation system in this development? Pro p p r r y () w n p r Which irrigation district does this property liewithin.? Settlers & Nampa Meridian Irr. Dis Primary irrigation source: South Slouqh Secondary: Ci tv Domestic Wa ter Square footage of landscaped areas to be irrigated (if primary or secondary point of connection is City water): 1 3 0, 1 7 4 8 Residential Project Summary (if applicable) Number of residential tmits: ~ L( Number of building lots: Number of common and/or other lots: .-f3l Proposed number of dwelling units (for multi-family developments only): 1 Bedroom: 60 2 or more Bedrooms: 1 44 Minimum square footage of structure( s) ( excl. garage): 3, 7 9 7 Proposed building height: 4 0 ' Minimum property size (s.f): + / - 1 1 A ere s Average property size (s.f.): N / A Gross density (DU/acf()-totalland): 1 7 . 86 Net density (DU/acre-excluding roads & alleys): 35 . 79 Percentage of open space provided:2 3 % Acreage of open space: 2 . 7 Acres Percentage of useable open space: 1 0 0 % (See Chapter 3, Article G, for qualified open space) Type of open space provided in acres (i.e., landscaping, public, common, etc): 3. 49 Acre s Lands ca pe Type of dwelling(s) proposed: 0 SiDgle...family 0 Townhomes 0 Duplexes I2J Multi-family Non-residential Project Summary (if applicable) Nwnber of building lots: 1 Other lots: Gross floor area proposed: 1 0 , 1 0 () Hours of operation (days and hours): Percentage of site/proj ect devoted to the following: Landscaping: ?? J 1 4 ~ Building: 2 0 . 1 6 % Paving: 5 7 . 7 % Total number of employees: Maximum nmnber of employees at anyone time: Number and ages of students/children (if applicable): Seating capacity: Total number of parking spaces provided: 60 Nmnber of compact spaces provided: n Existing (if applicable): N / A Building height C;OI Authorization Print applicant name: Applicant signature: Date~' . 4 - 5 - 0 6 ~ E. Watertower La e., Suite 202 . Meridian,. Idaho 83642 Phone: (208) 884-5533 . Facsimile: (208) 888-6854 . Website: wW\Y.meridiancity~org 2 CO.R..PO RA~I~~! 0 N 4 April 2006 Planning Department 660 E Watertower Lane Ste~ 202 Meridian, ill 83642 Attention: Planning Department Project: The Regency at River Valley Subject: Narrative describing the projed for Applications: AnnexationIRezone, Commission & Council Review, ~ Unit DevelOPDICBt, Conditional Use Permit, and Variance. ' tc:l.\J Pr\E ~TtLE€T) To whom it may concern: Bach Corporation is excited to be a part in the future development of this area of Meridian~ Bach Corporations has been building and developing for over 25 years in the Rocky Mountain regions and has developed Single Family, Multi-Family, and Commercial Projects in many different areas. We have attached a reswne outlining our company for your reference. For this project we are proposing a lot line adjustment creating 2 separate and distinct sites: 1) 204 Unit Apartment Community (R-40) 2) Commercial Property (C-C) 1) The 204 unit apartment community will feature: A community clubhouse with an exercise room) billiards table, & lounge area. Please see the attached rendering of the Clubhouse~ 204 class 'A" apartment units; 1, 2, and 3 bedroom. options. Units will feature 9' ceilings, orange peel drywall finish, upgraded cabinetry, vaulted 3 rd floor ceilings, and executive units will have fIreplaces~ Please see the attached rendering of the apartment building. A community BBQ with dining areas. Pool and Spa with gazebos and large deck area. Children's play area featuring a custom manufactured children p lay area apparatus. Fully enclosed garages. Common landscaping area~ Covered parking. Visitor parking~ 2) The commercial site will feature m anticipated office building with landscape areas and parking~ This is not necessarily the final use but this is what ve anticipate. We 2785 w. 9000 SOt West Jordan, UT 84088 (801 )566-2224 Office (801 )566-2203 Fax . Page 2 April4t 2006 intend on selling this site to a commercial entrepreneur and will leave all but zoning up to them. We are asking for a temporary access onto Eagle Road until River Valley Road is ready to be installed by all neighboring properties. Both the Commercial and Residential sites will access via this temporary roact Later we anticipate direct access to River Valley for the Residential site and a shared access to the commercial site as shown in the site plans. We are currently in negotiations with the neighboring properties for this access as well as River Valley road. Thanks, '2_ - 1 L ~vnVi;\ ~ Benjamin Clegg Project Engineer Bach Builders & Developers, LLC ben@bachcorp~com cc Regency at River Valley Project folder) Greg Rindlisbacher, Sterling Parker, P.E. R. Scott Stanfield ~;:~+. i~ ~ P f nTY flr, ~.lj; \.../Vl6ndi;'1l->';'~ \\>. IU,,\HO J"( \>4- /.- ~~~~S~.;-.:.;~~ Planning Department VARIANCE. Application Checklist River Valle LLC (Greg Rindlisbacher) File #: All applications are requiIed to contain one copy of the following: to -~ -Db Applicant ~ Description Staff V lication --- --- ~--- --- ---- ( Description Address in the narrative how this request meets the following fmdings: )- The variance shall not grant a right or special privilege that is not otherwise ...~ allowed in the district. ~ The variance relieves an undue hardship because of characteristics of the site..'- )> The variance shall not be detrimental to the ublic heal~ safe , and welfare. ~ Any exhibits that demonstrate the ro ased variance re est ,,- ..-- THIS APPLICATION SHAlL NOT BE CONSIDERED COMPLETE (NOR WILLA PUBUC HE W. UN11L STAFF ~ RECEIVED ALL REQUIRED INFORMATION ~.- N~ fO r€.b\J\\fe) ~ - ~ ~ f\ ct~r _ BEf? AfP - - 00 ~\j\~' 660 E. Watertower Lane, Suite 202 . Meridian~ Idaho 83642 Phone: (208) 884-5533 . Facsimile: (208) 888--6854 . Website: www.meridiancity.org g~{f c if. t ~A':= ''''~~... ..1.m., .~ 'I . .~v:.'''lr:r ~4e.;iji:;'~:' ~..~\ 'l~. "[OAHU I! , \~. . >f~~l'( ""i!:J~.1';' .,,!ll!~~ 1m Planning Department PRIVATE STREET. Application Checklist :]iWt~~~jf!il~~H'frl! ff~~!:~!'1:!!'~ ~~~.:;:~~!~t~1~f;rf~! AU applications are required to contain. ~ copy of the foUowing unless other\Vise noted: :~ii~~rM~~!~t l:~:;~~]fIJj!j{tW'ijl;iiil; lij; !~1:1)::\i1m!:i~,ji:!!!;li]iii:~!!~1~'i:!jj~!;:r;! ;11~;i~.~~~~~~~~~:J~i;~Htt~!jlIJ~IJ.t~1.l!l!llrj;!J!~:j:l!j!liiit): !~~!;:l:iWl!~~j~t~[li::i~ ilti~~:~t.l; ~: ;~';;:;~;~~ :~i~: j~\. ~ ~~tfrt~~~; ijljR~f~!-ii, : f~~ ):7,: Ill. f~;t: ~f:~~;W7;~~~ ~~:i: THIS APPLfG'ATION SHALL NOT BE CONSIDERED COMPLETE UNTIL STAFF HAS RECEIVED ALL REQUIRED fNFORMAT/ON. ~ A-M'I / Lll. if\J\ ib"j ~ ~ II C E,it6'l ~ V\J'4~" t LL C 3 ~ Lb\fJ\ Il-fL, () uJ \f'JJ <) ~t~~ECEI 7E "j ~~ ,f1u06 __ U -.:.... CITY OF MERIO\AN cnY CLERK OFFICE 660 E. Waterto\vcr Lane" Sulle202 II MeridiBI\ ldaho 83642 Phone: (208) 884-5533 . Facsimile: (208) 888..6854 . Website: WW\v.meridianeity.org A "~/ftri d,fe;;di~~~""- .;.; H Jj\1 to Planning Department ANNEXATION/REZONE . Application Checklist Pro'ectnarne: Regency at Ri ver Valle LLC RAMA, LLC (Greg Rindlisbacher) File #: All applications are required to contain one copy of the following: Applicant ~ (p- ~- oCp ~ Staff "" .~ ~ -0- ---- ~ @ ...-- ~ ---- ---- --- Note~~ Only one copy of the above items need be submitted when submitting multiple applications Additional Requirements for AnnexationIRezone Applications: Applicant ~ Description If this application is not accompanied by a plat, conditional use pennit, or planned unit development application, submit a conceptual development plan for the property (also e-mail an electronic version of the Ian in df & ~ fonnat to Barb Shiffer at shiffer .Ineridianci t.O ) Staff .v THIS APPUCATION SHAILNOT BE CONSIDERED COMPLETE (NOR WILLA PUBLIC HEARING BE SET) UNTIL STAFF HAS RECEIVED ALL REQUIRED lNFORMATION~ 3f LLqd -/?J PftJ " -t-cJv REC.EIVE.!) f? I ~ ry n An n~. ",; J ~ L J LllUn CITY OF MERIDIAf\' .-'\. r -- \ \f t ...~ ! / C L. E R K 0 r:- r: r r: F~ 660 E. Watertower Lane,. Suite 202 . Meridiant Idaho 83642 Phone: (208) 884-5533 . Facsimile: (208) 888-6854 . Website: www .meridiancity .org Planning Department CONDITIONAL USE PERMIT. Application Checklist at River Valle LLC LLC (Greg Rindlisbacher) File #: All applications are required to contain one copy of the following: Applicant Description lication Note.. Only one copy of the above items need be submitted when submitting multiple applications Additional requirements for Conditional Use Permit applications: Applicant V Description . . . . . . . . . . . . .~ '~ C fi; IV'El-"~ JL w ~ - ,.._J 660 E. Watertower Lane, Suite 202 . Meridian, Idaho 83642 Phone: (208) 884...5533 . Facsimile: (208) 888-6854. Website: WW\V .meridiancity .org j ~.~' .~~ 2 3 20 Of} GIT'{ OF MERIDIA~J (' ~ -f \1 r-. t C R t( r; r= r= 1 (': r=- , ..' ~ , ( \. / ~ . '..... .: , \ . ... . Staff ~ (f) - ~-Oy, ~ ~ d ~ ~._J4 jV\a.pbdJ- 7#)Itt$ .---- .- ------ ......-.-- Staff ..J ..---. ~ ~ ~ ~ ~ ~ C:____ ---. -..-.. t/ v v v t/ ~ Landscape plan - *1 copy (folded to 8 1h)) x 11 " size) P Ian must have a scale no smaller than 1 " = 50' (1 n = 20' is preferred) and he on a stlDllJard drawing sheet, not to exceed 36" x 48 U (24 n x 36 U is preferred). A plan which cannot be drawn in its entirety on a single sheet must he drawn with appropriate match lines on two or more sheets. The followin items must be included on the landsca Ian: . Date, scale, north arrow, and ro . ect name . Names, addresses, and telephone numbers of the developer and the person and/or fmn arin the Ian · Existing natural features such as canals, creeks, drains, ponds, wetlands, flood lains, hi h rOlUldwater areas, and rock outcro · s. . Location, size, and species of all existing trees on site with trunks 4 inches or greater in diameter, measured 6 inches above the ground. Indicate whether the tree vvill be retained or removed. · A statement of how existing healthy trees proposed to be retained will be rotected from dama e durin construction · Existing buiIdingsJ structures, planting areas, light poles, power poles, walls, fences, berms, parking and loading areas, vehicular drives, trash areas) sidewalks, pathways, stormwater detention areas, signs, street furniture, and other man-lnade elements. · Existing and proposed contours for all areas steeper than 200/0 slope. Benns shall be sho\VIl with one- foot contours. Si t Trian les as defined in 11..3A...5 of this ordinance. Cone tua11andsca in with tree locations onI Cone tual screenin structures · Calculations of project components to demonstrate compliance with the requirements of this ordinance, including: ~ Nmnber of street trees and lineal feet of street frontage ~ >> Width of street buffers (exclusive of right-of-way).~ ~ Width of parking lot perimeter landscape strip )> Buffer vvidth between different land uses :> Number of parking stalls and percent of parking area with intemallandscapin )- Total number of trees and tree species mix,-"'-- )> Mitigation for removal of existing trees, including nwnber of caliper inches bein removed.~ Reduction of the landsca e Ian 8 ~"x 11" Buildin elevations showin construction materials Electronic version of the site plan, landscape plan & building elevations in pelf & jpg format e-mailed to Barb Shiffer at shifferb({VmeridiancitV.org. We encourage you to submit at least one color version for resentation ses. ----- ~ ~ ~ ----- ....--- / ~ ..--. ...- v v Director may require additional information concerning the social, economic, fiscal or environmental effects afthe proposed conditional use. *Once an application is accepted, staff will contact you to let you know hOlY many additional copies of plans are required THIS APPLICATION SHAlL NOT BE CONSIDERED COMPLETE (NOR WILLA PUBLIC HEARING BE SET) UNTIL STAFF HAS RECEIVED ALL REQUIRED INFORMATION~ 660 E. Watertower Ln., Ste. 202 Meridian ~ I D 83642 Phone: (208)884-5533 Fax: (208)888-6854 . . . . CITY OF MERIDIAN. . . Planning Department To: Steve Earl @ Mason Stanfield From: C~ Careb Hood, Current Planning Manager Fax: 454-0979 Date: 7-17-06 Phone: 454-0256 Pages: 1 (incl ud ing th is cover) Re: Regency at River Valley cc: o Urgent o For Review o Please Comment 0 Please Reply o Please Recycle Steve, This fax is being sent at your request 85.,.8 follow-up to our phone conversation last week, and my previous voice maiJ left for you regarding the submittal for Regency at River Valley. Before I can deem the application for Regency completeJ I need the followjng: 1) U DC 11-3B-BC2a req ui res internal la ndscape planters in parking lots to contai n a m in im urn of 50 sq uare feet~ with th e planting area not being less th an 5 feet in any dimension, measured inside cu rbs. The su bm itted site plan and Ian dsca pe pia n depict su bstandard (abo ut 3- feet wide) landscape planters in the parking areas~ Further, UDC 11-3B-8C2d requires each j nterior planter that selVes a sing [e row of parking s paces to be randsca pe with at least 1 tree and covered with shrubst lawn, or other groundcoveL 2) UDC 11-6C-3Bd states: uAII new streets shall be named as foHows: Streets having predominantly north-south direction shall be named uAvenueu or HRoadu; streets having a predominantly east-west direction shall be named UStreee or UWayn; meandering streets shan be named U Drive, U H La ne, U Terrace, U II Path, n or HT ra iI; U an d cu [-de-sacs s h aU be nam ed uC ircle I JI UCourt/' and uPlaceH. The submitted site pran incorrectly labels most of the public streets and proposed private streets. 3) I am a little confused on what fs happening in the round about area near the crubhouse (south side of the plan). This is a pretty wide paved area. Is there going to be parking wjthin this area; is there a drop-off area; how is it going to function? Please show striping and/or signage will be provided in th is area. The changes listed above should be reflected on a revised site plan and landscape plan. Once the changes are made, please provide 32 full-size copies of the revised site plan and 10 full-size copies of the revised landscape plan. P Jease a [so provide an 8. 5u x 11 U copy of both th e site plan an d landscape pran~ I wi Il sched u Ie th is project for public hearing after I receive the updated copies. Please fet me know if you have any questions. Thank you, c. CaJeb Hood Current Planning Manager Meridian Planning Department 884-5533 P t * * * Memory TX Result Report ( JuL 171 2006 9:30AM) w w * 'f'. ~ 1 ) 2) D ate IT i m e ~ JuL 17~ 2006 9:30AM F i 1 e Page No, Mode Destination Pg (s) Result Not Sent ---------------------------------------------------------------------------------------------------- 5075 Memory TX 4540979 P t OK ---------------------------------------------------------------------------------------------------- Reason for error E. 1) H an g u p 0 r 1 i n e f a i E. 3) No an s w e r E.5) Exceeded max. E-mai E. 2) E. 4) Bus.y No facsimile connection s i z e tIOO E. \\~A1I:l' !.n.. Sl.f. 20'2 ~" ID tinCt Pbl:m:s; (2W)ee(-653) Fu:: (2ml}~~IS-oas4 CITY OF MERIDIAN Planning Department To.: 5~ Emi @ Muon Stan~D!d Fma 454-0979 "'~nc c. CD~ob Hood. Curra nt PJannll\Q tJlano,ger D.~ 7.1T..(P.l Phon II 454-0258 p....: 1 pnc1udlnD this CO\IOr) Bm Regency at RivwVI~ay CCE o Urgent: [J For RcwfIWt 0 PII!L&I.. Comm Int 0 PE..HI R~'Y o ...... R~. Slava. nil fax II b1lna unt at your .-.quail 88~a fo.:b'N-up to our ph318 conve-rsam Jut wook. and my pruvious vo!ca me~ fen. for you rogsrding tho tutmitt81 fo: RogonC'f at River VaDey. B IJ!oca J am doem the .ppioation fiJr Regency oompllJta, 11i&l~ the fo~owing: 1) UDC 11..JB.ac2a l'Cquii'll mmallandscap" planters rn per1d.1; lots to contl:n a rrJnlmum of 50 r.tq'..IlUD feet~ wtIh the p!anting ama not betlg less thIn 6 &tot in any dlmensfon. mu.lUted irni!:::ll curb,. Tho ,ubmlled :!ita plan and fandscape plan dDjJD; substandard (about. ~ot wide) IElndscapD plante... "., the pilrk1ng amal. AJrtherf unc 11-SB-8C2d reClultea ea::h tntedor pl!mtor that. lONe' a dllgle rtm of Fadcing spar;os to be bm;d5C&p1 oMth at foD~ 1 lree and covered with shrobl, hwm" or OUler groutdOOV9f. 2) UDC 11.ec..sBd 1UllDs: II' All new streett thall ba named as fo:law,r: Stfa~lI hmring pred~mlnanGy nxtfl.o.J'OlJth dlru..""'tto:) sha2 be name:f .. Avunuff or ~ad"; srnts having a prodomInanllyeBst~t diroctran shal be named "SkuoforWlJl; mmdl!Mg 5ltuo3 shall hi nsmB-d aO:l1Vt\" M Lana-,iI Tana::::e; "'Pal\ ~ or "TraIl; ~ a.hI cul-duoJlCa a.1un b! named ~CjrcrB,. ~ourt," ami -Place.. ",. l5ubmitlo:::laRa plan Inc:::o:roettJ Iobol, most of thn pttb1:: sLreets and propoHd ptfvatt 6tretts. 3) l.nm a little CQnfusD~ c:I what 11 happening in the round abDUl tt"08 noar the clUbhouse (sooth I ide of tho plan). Thl$ls 8 p.'"otty widD pam ammo Is. there g:ing io ba parkin; wi~Jn thls area; ls thare II dro;J-off area: hoW Is U going to function? Phmse shoW ftrlplng and/or I~na,i;l D wI! bs pwtldDd in this area Thl chan; 01 DIrtDd above lhaJJd be rcftBetGd on . ruvIud sUo rlan and landsmplli p:an. Onoa th. dum;OI o:e mad, plum provide 32 MI-$ltc copl" of !hi' rvviHd de plan ~d 1 0 Ju~..slzo copies of the nM50d lar.dseapG pa.'1. Pleue a{aQ p:-cvlc:le an 8.5'" x 11. CC9Y of both tho alto p!an and IMdscapl ~ J win sat!ullihls proIect for pub1C hudng after I ruaHVD Ifu. updakld oo;me. Please Jet me knOW' U you hovo any qU'I1ti:m!l Thank :fOu. c. Ga'cb Hood Currant P!lMlng Manlger Merldi;:n Planning Oepartmont 684-5533 5 April 2006 Planning Department 660 E Watertower Lane Ste. 202 Meridian, ill 83642 Attention: Planning Department Project: The Regency at River Valley Subject: The Regency at River Valley Applications Planning Department: We are excited to work with Meridian City Planning and Zoning in getting our Residential and Commercial sites entitled for the proposed uses. We have built several projects similar to the one we are proposing and feel each has been a benefit to their respective communities. We have currently retained a Civil Engineer and Landscape Architect for the site design of this project. The Civil Engineer is in the Boise area; Earl, Mason, and Stanfield. The Landscape Architect is from the Salt Lake area; Lars Anderson Designs. Both professionals are experienced in these types of proj ects. Attached you will frnd the following applications followed by the applications submittal requirements: Annexation/Rezone Planned Unit Development Conditional Use Permit Variance We have verified the checklists and feel our submittal is complete. Please place us in the next available time slot for Planning and Zoning Commission meeting. :~~l?r~------.......... Project Engineer Bach Builders & Developers, LLC ben@bachcorp.com cc Regency at River Valley project folder~ Greg RindHsbacher~ Sterling Parker, P.E. R Scott Stanfield 2785 W. 9000 S. t West Jordant UT 84088 (801 )566~2224 Office (801 )566-2203 Fax 4 April 2006 Planning Department 660 E Watertower Lane Ste. 202 Meridian, ill 83642 Attention: Planning Department Project: The Regency at River Valley Subject: Variance Narrative: Covered Parldng Variance & Temporary Access to Eagle Road. Planning Department: Bach Investments is p[eased to be working with the Regency at River Valley, LLC on the proposed Apartment Commun[ty in Meridian city. We are excited for the opportunity this presents for us to work with Merid ian City a nd together create a project that is a great ad dition to the growing city & Not d issi m ilar to other projects there are a few variances necessary to create a site that is the greatest add ition to Mend fans 9 rowi ng commu n ities. For the Regency at River Valley we propose the following 3 variances: 1. Covered Parking: We propose 1 covered parking unit per apartment unit. We have built and managed over 10 projects in the Western United States and have found that 1 covered park per apartment unit is sufficient. a) We don't feel this wouJd grant us any special privilege. Typicarly on apartment communities with 4..20 units the parking prescribed is necessary. When projects are much Jarger they necessitate a lesser parking requ irement. b) The South Slough has an easement which encroaches onto our property which prohibits placing structures within said easement. Through research we have determined this easement cannot be removed and is necessary due to annual slough maintenance. Although structu res are proh ibited open parking stalls wi II be provided in th is area. c) Public Health I Safety r and Welfare wil r not be affected by granting this variance. 2. Temporary Access to Eagle Road: We propose direct access be grated temporarily on to Eagle Road to be used by both our commercial and residential sites. This access is to remai n available until River Valley Road is constructed and our properties have access. a) There are several properties along Eagle Road which enjoy direct access~ We are asking that th is same privilege be exten ded unti I River Valley Road is constructed. b) Because there are several properties that need to participate in the cost of construction of River Valley Road we are unable to construct access at this time. We currently are trying to negotiate with neigh boring property owners for th is con struction~ Currently we can not wait indefinitely for all parties are ready to particj pate. This wou Id be the on Iy access to the site for the time being. c) Considering the other accesses businesses have onto Eagle Road we don't anticipate the variance would be detrimental to Public Health, Safety, orWelfare. 2785 W. 9000 S., West Jordan, UT 84088 (801 )566-2224 Office (801 )566-2203 Fax .( . Page 2 April 4 J 2006 3. The Meridian City Unified DeveJopment Code states ua minimum of eighty square feet of private1 usable open space shall be provided for each unitU As stated previously we have built several project of this size and have found that this usable space ends up being a site for storage and creates a less aesthetic and beautiful site. We provide a pool area with a barbeque grill area and tables and chairs for tenants who wish to cook on a barbeque. (typical use for such usable spaces described in the Unified Development Code) This helps keep the site aesthetically beautifu I and red uces the fire hazard. We propose this requi rement be waived~ a) Th [5 variance wi II not 9 rant a ny special right or privilege. We are aware of other m u Iti- family projects in Meridian where there are bolt-on deck areas with ress square footage than required within the Unified Development Code. b) We attempt to keep our sites aesthetically pleasing and because our site faces the future River VaHey Road we are concerned about the overall appearance of our structures for the benefit of the area. If we do not provide an area that wilr be used as storage on patios or decks they will not be an eyesore for passersby and neighbors. c) 0 ur projects featu re a clu bho use with an exercise room and bill iards table. In add ition l we provide a pool area with a barbeque and gazebo areas for tenants. This is generally open to aU tenants but can be reserved on a private basis for resident use. (An additional use that is typical for such spaces described j n the Un itied Development Code) This helps keep the fire hazard under control inasmuch as the barbeque we provide is fully fire rated and constructed within manufacturers recommendations and tenants are not as mindful of those concerns. We hope that the fal fowi ng Exhi bits wi II be of service to help illustrate the variances we propose. Exhibit I Al is a preli m inary carport layout. Exh ibit 'BJ is a site plan showi ng the temporary access we propose for accessing the Apartment Site. Exh i bit 'c' is a coJor rendering showi ng the erevations~ Please note the lack of baleon ies. Ou r bu i Id ings wi II not look d issim ilar. Please contact me with quest[ons or concerns. Thanks, ve1if~1V VM ~ Benjamin Clegg Proj ect Engineer Bach Builders & Developers, LLC ben@bachcorp.com cc Regency at River Valley project folder, Greg RindIisbacher, Sterling Parker, P.E. R. Scott Stanfield ason,&, tanField Inc. Professional Engineers, Land Surveyors and Planners 314 BadioLa St. Caldwell, ID 83605 Ph (208) 454-0256 Fax (208) 454-0979 e-mail: rearl@lnseng.us NARRATIVE RE: JOB NO: DA TE: The Regency at River Valley NV1205 June 9, 2006 REQUEST: The Regellcy at River Valley, L.L.C., developer of the above reference Regency at River Valley developnlent, hereby request approval of a private street in accordance with the City of Meridial1's Private Street Requirements - Chapter 3, Article F. The proposed private street provides access to commercial and multi-family residential units within The Regency at River Valley; and, will meet the requirement of the above reference City ordinance. The applicant has met with Joe Silva, Meridian's Fire Marshall to discuss tIle above reference project~ His requirements and concerns have been addressed~ TIle applicant has also met with City Planning staff and is following their recommendation to file this application for a private street~ The private street will be an easement and will be owned and nlail1tained by the project owners~ The private streets design will meet tIle requirelnents of tIle ordinance. DEVELOPldENT AGREEMENT ,g/ ~ THIS DEVELOP~NT AGREE1vtENT is entered into this 1- day of l1/1M1/ ., 2006 by and between Bach Investments, Ine.., a Utah corporation, (tlDeveloperU)) and the City of Meridian Idaho, a Body Corporate and Politic, ("City"), regarding the development of a proposed apartment complex identified on the attached ex:hibit~ RECIT AL S A WHEREAS, Developer wishes to develop real property within the jurisdictional limits of City, all as more particularly set forth on the attached site plan; B.. WHEREAS, the only current viable access to a public street is to Eagle Road west oftbe development; C. WHEREAS, pennits, licenses and approvals cannot be given unless Developer has access to a public roact NOW, THEREFORE, in consideration of the m.utual covenants and promises contained herein, the parties agree as follows: 1. Private Lane Development: Developer" at its own expense) and to the satisfactory standards set forth by City shall create a private lane accessing the proposed apartment community to Eagle Road on the westA 2.. Costs of Development: All costs, including construction and maintenance thereafter of the private lane shall be at the Developer1s sole expense.. 3" Engineering; Should the City wish to provide engineering criteria for the private lane, all engineering expenses will be borne by the City.. However, the City may allow Bach to engineer the private lane at its own expense in the City's discretion~ ~ 4. Transferability and Binding Effect: This Agreement may be assigned by the Developer to some other entity owned, controlled or purchasing the Developer's interest, but shall be binding upon both parties hereto and all of their heirs, successors or assigns, it being the intent that Developer perpetually hereafter maintain the private lane until such time as it may be abandoned in favor of preferred access to another public street DATED this date and year first above written~ CITY OF :MERIDIAN, IDAHO BACH INVESTMENTS, INC~ BY: Its: ---.. .....~. . ..... --,.,....... .........--. ........ ~- .................- _.... + .. ,...- --............. -- ~ . ++ . - -- . -" ason ~~ . 1.............t;~-fi~Id....;~~~ Professional Engineers, Land Surveyors and Planners . .. I 314 Badiola St. CaldwelJt 10 83605 Ph (208) 454-0256 Fax (208) 454-0979 e-mail: searl@mseng.us FOR: The Regency at River Valley L.L.C. JOB NO~: NV1205 DATE: June 5, 2006 RE: PRIVATE ROAD EASEMENT Upon acceptance of the final design drawings by the City of Meridian the applicant will provide to the city a Private Road easement as required by the Unified Development Code. r: ! -I,: ;iM~Y- 30-2006 TUE I ?~ :20' RH PAI1~S ~~ I:D~W . :; : - ~ ': I ' ;FA}{.IHdiCWj t:1~5~ ~r~1211el I't~'ll :1~111; 'I ~la I~ I r ~J-:-I"~b:2lI!!IIIF"1 ~r~ ~;~ !,t. : '! I : ! " , I, , I: t' ~ -: t ' : ,- :1 ! 1 !i!: !l\l[':' f d-I fJj, l)1 I:i I;~I~ J : i. ~i iI, ]kl l' f ~ ':t~I1., ,~~~ 'I r i 1 ' . I' . 'I t' = l: t" I' t~' ~ ' ~l. ~. tt' h ~. f' ~ . I q \. I. III 'I h ~ !:: , i , t : _ -',' ! ' .', .I:i! i::!! ii, ~ -', i, 1. II 'i,' ~ i:1 ~ k: ~ i. I ,,\!I i; : :11 ' ; 1 II t j i i r t;~' 1. I! !; r:: 'i 1:11 i I '.,': !: t ); i' X I; ~ ' 'll : ~ : 'I: - , 'i : ! ~ .' f!~ ' I ! '. n 'I > J r:;: ;, ( 1'111 ! : I I ~ f ~ It: 1:{ I t r ~ . I ~ ~ ~ n '1; ~ . i :;~;I ~ ,~- .;,; 1 ' · . 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':~~I'II ;~ .~ ~ ~ r I U .f : ~t. . ~; ( ~ h -t ' IT ~d ! : (:: !! (t ~ ' I 1:~ ~ ~ ill I. i I ~" H ",H' . ; f:f L , I, I if. i~ i:( . _ ; 1 11,.. _~JJ -+ _.~ ~~~. _: _ ~ ,_ I ~ ~ I. I" l ; I , , ; i ' : I I i 1 ." I . . I ~ ' . ; I' 'I i i. ~, : j ~ '. ! J; i I , I ~ ' . · ~ l~ ~ . -: ~ + .t . ) . ~ l ~ , ~ ; :', I I I l I f I I 1- t ! I. - I. t r ^ · ~ .I : ~ I r I J. i I ~ ,i... 'l;. r-: - See attached Exhibit c'}3" RAMI, LLC AS TO T.aERE UNDIVIDED 37.118% INTEREST. ldBJR. LLC AS TO THERE UNDIVIDED 9~456% INTEREST, EAGLE MESA. LLC l\S TO THERE UNDIVIDED 23.640% INTEREST, EAGLE COUI..,TER., LtC.t\S TO THERE UNDIVIDED 23.640% INTEREST AND JACO~ I.,.C. AS TO THERE UNDIVIDED 6~ 146% INTEREST ALL AS TENANT1S m COlv!M:ON. ~~ See attached Exhibit "A" RAMI, LLC AS TO THEIR UNDIVIDED 37.118% INTEREST, MBJR, LLC AS TO THEIR UNDEVIDED 9.456% INTEREST, EAGLE MESA, LLC AS TO THEIR UNDIVIDED 23.640% INTEREST, EAGLE COULTER, LLC AS TO THEIR UNDIVIDED 23.640% INTEREST, AND JACOM, L.C. AS TO THEIR UNDIVIDED 6.146% INTEREST, ALL AS TENANT'S IN COMMON. Exhibit 'B' Parcel I: A tract of land located in the Southwest quarter of the Northwest quarter, Section 4, Township 3 North, Range 1 East, Boise Meridian, Ada County, Idaho~ Parce I II: A portion of the Southwest quarter of the Northwest quarter of Section 4, Township 3 North, Range 1 :East, Boise Meridian, Ada County, Idaho, lying South of the centerline of what is commonly known as the South Slough~ ~ . ~ LandAmerica _ Transnation A DA COUNTY R ECOR DER J ~ DA VIO NA VAA RO A MOUNT 15.00 5 BOISE IDAHO 10/25/05 04: 38 PM ~~~~6E~~~~J~:~ OF 11I1111111I11111I1111111111I111111111 Transn alion Tille 1 0516l3€.(j 6 Escrow No.. 050034906 Cb..w WARRANTY DEED FOR VALUE RECEIVED H. Lavonne Weiss, an unmarried person and Stephen M. Weiss, an unmarried person GRANTOR(s), does(do) hereby GRANT~ BARGAIN, SELL AND CONVEY unto: SEE ATTACHED EXHIBIT IIB'I GRANTEES(s), whose current address is: the following described real property in Ada more particularly descnoed as follows. to wit: SEE EXHIBIT ItAII ATTACHED {Conti nued) t County, State of Idaho~ TO HAVE AND TO HOLD the said premises, with their appurtenances unto the said heirs and assigns forevcr~ And the said Grantor(s) does(do) hereby covenant to and with the said Grantee(s), that Grantor(s) is/are the owner(s) in fee simple of said premises; that said premises are free from all encumbrances EXCEPT those to which this conveyance is expressly made subj eel and 'those made, suffered or done by the Grantee ( s); and subject to reservations, restrictions, dedications, easements, rights of way and agreements, (if any) of record1 and general taxes and assessments) (including irrigation and utility assessments, if any) for the current year,. which aTe not yet due and payable~ and that Grantor(s) will warrant and defend the same from all lawful claims whatsoever~ Date: 10 I zlID~ ~\A-.v "'^ \)Jt; l-S~ h v-\l. {i.1+-1 1 Y'- \-~C +- Notary Acknowledgment - see page 2 ~RRArqTY DEED.. NOTARY ACKNOWLEDGMENT(S): State of Ida~ounty of Ada, ss. On this ;1c) day of October in the year of 20051 before met the undersignedr a Notary PUblic in and for said State. personally appeared Stephen M.. Weiss known or identified to me to be the person(s) whose name(s) is/are subscribed to the within instrument~ and acknow~edged to me that he/she/they executed the same.. Ch ris tine A.. Whittington Residing at: Boise, Idaho My commission expires: 08/15/2008 '\ '~ .."",:. : ~ '..* ~ ~ $' -.....' .ft. "\. : b.. .,...~~..... = ~ : - ~J.t ;... : :::: ;::: ~/' \:. ... c. ~" ~'.' .... -. .~ ~ ~ * -.. ~.. "l.\ ~. ~:).. _~ ~ ~ -.. ... ~ , 0 ........ ..." ""'" '...( [).\. I 11\\\ ' ,....." ~'" i\ . ,\\'\ "11 r It It'" State of U'b~\l~ County Of~\V\~ .,55. ~~ ~-+ On this ~ day of October in the year of 2005, before me, the undersigned, a Notary Public in and for said State, persopCllfy appeare d P>e.\ A1'0 ~ - W~l bS ~ known or fdentlfied to me to be the person(s) whose names{s) is/are subscribed to the within instrument, as the attorney in fact of H.. Lavonne Weiss thereto as principal, and hislher own name as attorney in fact.. \\\1'l1t ''''1/ ,\\ f1.N H IJ 'I" ",~i.{ ........ Yi~;"J".. , \'.:.. \0 LI ..#'~ ';'. ~ .. '"~s I'l t:~.. ~ ~ ..~.' """'fA -. ~ " · iIP ~. ;.:. .:; l~t::j \\OTARy ~\ S """ .....,. bO . - =: --- := - . . ~ :. "0 P · .:: ~~.. ~ UBlIc. ~ r~::: ~ ?..:-o.. c::,v.- ':'C:~ ~~~..1/eR 24 ~..~~~~~ ;, ~~.. '.- r... ~.... Jjf' Ol'- ... ...0. \ ~'\7~\; "'~"r WASp'\\" III", 111"'\' LEGAL DESCRIPTION (continued) ~ . EXHIBIT "An PARCELl A tract of land located in the Southwest quarter of the Northwest quarter, Section 4. Township 3 North, Range 1 East, 8ol~e Meridian, Ada County. Idaho more fully described as follows: Beginning at the West quarter comer of Section 41 Township 3 North, Range 1 East, Boise Meridian; thence ru n ning North 90000100n East along the East-West center section line of said Section 4 a distance of 652.98 feet to the REAL POINT OF BEGINNING; thence running North 00000'00" East. a distance of 211 ,,00 feet to a point; thence running North 90000fOOn East. a distance of 183..74 feet to a point; thence running North 00000'00" East, a distance of 60..00 feet to a point; thence running North 9000QIQOlf West, a distance of 183..74 feet to a point; thence running North 00000.00" Eastt a distance of 253.61 feet to a point; thence running South 35025.00" East. a distance of 69..02 feet to a point; thence run n ing South 71055.00" Eastt a distance of 132..00 feet to a point; thence running South 860.10'OQiI East. a distance of 174.90 feet to a point; thence runnin 9 South 41 Q20'oon East, a distance of 366.30 feet to a point; thence running South 73035100" East. a distance of 98"34 feet to a point; thence running South 00000100" East, a distance of 112.86 feet to a point on the East-West center section line of said Section 4; thence running North 90aOOfoon West. a distance of 6761'26 feet to the REAL POINT OF BEGINNING.. PARCEL II A portion of the Southwest quarter of the Northwest quarter of Section 4, Township 3 North, Range 1 East, Boise Meridian, Ada County, Idaho, lying South of the centerline of what is commonly known as the South SIough1 more particularly described as foUows~ Commencing at the Northwest corner of the Southwest quarter of the Northwest quarter of Section 4. Township 3 North, Range 1 East. Boise Meridian. Ada county. Idaho; Ihence South along the West line of said Section 4 a distance of 776..26 feet to the REAL POINT OF BEGINNING; thence East 300..00 feet to a point; thence North 218..05 feet to a point; thence North 83050' East 17..43 feet to a point; thence South 66G55t East 264~90 feet to a point: thence South 350251 East 2274>70 feet to a point; thence South 71 D55. East 132..00 feet to a point; thence South 86Q10' East 174..90 feet to a point~ thence South 41 020' East 366..30 feet to a point; thence South 730351 East 98..34 feet. more or less. to a point on the East line of said Southwest quarter of the Northwest quarter of Section 4; thence South 112~86 feet. more or less, to the Southeast comer of the Southwest quarter of the Northwestquarte~thence West along the East-West quarter line 979.,24 feet, more or less. to a point 350~O feet Easterly of the West line of said Section 4; thence (Continued) LEGAL DESCRIPTION (continued) .,... North..180.00 feet to a point; thence West 49..86 feet to the Southeast corner of that parcel described in Warranty Deed recorded August 31. 19771 as Instrument No~ 7741806. records of Ada County, Idaho; thence along the East and North boundaries of the aforementioned Deed the foUowing two courses: North 14 5 ~oo feet; thence South 89037' 15" West 300..41 feet: thence North 212~80 feet to the REAL POINT OF BEGINNING. EXCEPT a tract of land located in the SouLhwest quarter of the Northwest quarter. Section 4, Township 3 North. Range 1 East Boise Meridlan~ Ada County. Idaho more fully described as follows: Beginning at the West quarter comer of Section 4r Township 3 North. Range 1 East. Boise Meridian; thence run n ing North 90000tOO" East along the East-West center section line of said Section 4 a distance of 652..98 feet to the REAl POINT OF BEGINNING; thence running North 00000'00>> East, a distance of 211..00 feet to a point; then ce running North 90DOO'OQ" East, a distance of 183.74 feet to a point; Ihence running North ooaOOfOO" East. a distance of 60..00 feet to a point; thence runn ing North 90000'00" West, a distan ce of '183.74 feet to a point; thence running North 00000'00" East. a distance of 253.61 feet to a point; thence running South 3SG25'oon East. a distance of 69,,02 feet to a point; thence running South 71055'00" East, a distance of 132~OO feet to a poInt; thence running South 86010'00" East, a distance of 17 4~90 feet to a point; thence runn ing South 41 a20'OO" Easl, a distance of 366.30 feet to a point; thence running South 73035'00" East. a distance of 98..34 feet to a point; thence running South 00000'00" East. a distance of 112.86 feet to a point on the East-West center section Ii ne of said Section 4; then ce running North 90000'00" West, a distance of 676,,26 feet to the REAL POINT OF BEGINNING.. ALSO EXCEPT that portion conveyed to the State of Jdaho1 Idaho Transportation Board by Warranty Deed recorded March 20, 1995, as Instrument No~ 95018434. of Official Records.. AND ALSO EXCEPT THEREFROM any portion lying within the South Slough and Stokesberry LateraL r-:' See attached Exhibit {'nt' RAMI, LLC AS TO TlIBRB UNDIVIDED 37.118% INTEREST. MBlR, LLC AS TO THERE UNDIVIDED 9a4S6% INTEREST, EAGLE 1\mSA. LLC i\S TO THERE UNDIVIDED 23.640% INTEREST, EAGLE COur~TBR, LLC AS TO THERE UNDIVIDED 23.640% lNTHRBST AND lACOM, L.C. AS TO THERE UNDIVIDED 6.146% INTEREST ALL AS TENANT'S IN CO~ON. {~ u... I. ARTICLES OF ORGANIZATION !tE~eNlO neT 11 2005 Ui. Dry, u\ CORP. A ce~ CCltlE EXPEDITE OF ~ l\mRJ, LLC The undersigned, desiring to form a limited liability company under th~ Utah. Revised Limited Liability Company Act; Utah Code Ann. g 4~2~ 101. et seq. (the "Act"), hereby..adopts the following Articles bf Organization for such limited liability compatiy pursuant to 9& 207 and 403 of the Act .ARTICLE I NAME OF THE "LThnTED LIABILITY COMPANY . The name of the limited liability company is lv1BRJ, LLC (the. '~Company'')~ ARTICLE n. - DURATION The Company' B exist~ce as a limited liability company will continue fo! a 'period of 99 t years nom the date hereof, unless earlier terminated pUrsuant to the terms Qf ~e' Company's Operating Agreement or by la~'. ARTICLE m BUSINESS PURPOSE. · rhe Company is organized to Q~ develop and operate certain interests ~ real and personal pro]?erty commonly ref~ed to as an undiv;i.ded interest in 11.71 acres of land located at ~500 North Eagle Road~ ~eridian, .Idaho' and certain property adjacent and nnci11m:y thereto (the . . ''Propertv''), and'to engage in any acti,;i1:3r ancillary thereto, incluQing without limitation, actions ~ . relating. to the financing, marketing, lease, ex.change or disposal of all or parts of the Property, . subject in ~ eases to the limitRtioI1S set forth ~erein ~the '?rimarv Purposes", imd to conduct . . such other activities as may be lawfully conducted by a limited liability company o~ganized pUrsuant to the Act and ~ are wi1hin the Primary Pmpos~, and the Company 8~ have all of the powt;(s of a ~ted liabilitY company comerred by the Act with respect to s~ch ptuposes.. ARTICLE IV . .f . · STREET ADDRES~ <?F RF.GJBTE~D OF~CE!.INl1IAL REGISTERED AG:m:rt . . T!1e street address of the qompany's registered office in Utah is 2785 West. 9000 S-outh, ~ West Jor~ Utah 84088 and the name pfthe Company's initial registered. agent in Utah at such . . =&194265 vI 367 B32 ": ~ \ \ - -... - ...-.......... ...--............ ..... ....... - -...-.. - -....- -.. .................. ......r...... . .. _ -.... .... I. ............. ..... ............ \ , \.to_ _ . _ 0. I ~ --s I 0: w \J1 -U o "410 IN .......l :::0 n . < o . ... --- -- ........ "' -- -.- -- _ -- .. ..-..... --....-.....--... ."__1 .......__._... _- ...._ _. ,.r- ARTICLES OF ORGANIzATION OF MBlU, LLC The undersigned, desiring to form a limited liability company under the Utah tRevised Limited Liability Company Act, Utah CodeA.ntL ~ 48-2,>101 et seg. (the "Act''), hereby adopts the following Articles of Organization for such limited liabilifjr company pursuant to 9~ 207 ~d 403 of the Act ARTICLE I NAME OF THE LIlVITTED LIABILITY COMPANY The name of the limited liability company is MBRJ) LLC (the "Company").. ARTICLED ~ .. DURA.TION The Company's existence as a limited liability company will continue for a period of 99 . . yearn from. the date hereof: unless earlier terminated pursuant to the terms of the Company~s . Operating Agreement or by law. ARTICLE m BUSINESS PURPOSE The Company is organized to own;, develop and operate certain interests in real and personal property commonly referred to as an undivided interest in 11.71 acres ofland located at 2500 North Eagle Road, ~eri~.rdaho and certain property adjacent and ancillary thereto (the . . "Property'')~ and to engage in any activity ancillary thereto, including without limitati.o~ actions relating to the fulancing, marketing, lease, exchange or disposal of all or parts oftb.e Prop~, subject in aU cases to the limitations set forth herein. (the ~frlmary 1'u111ose~'), and to conduct such other activities as may be lawfully conducted by a limited liability company orgmrl2ed pursuant to the Act and that are within the Primary Purposes~ and the Company sha11 have all of the powers of a limited liability company conferred by the Act with respect to such purposes.. ARTICLE IV STREET ADDRESS OF REGISTERED OFFICEIINmAL REGISTERED AGENT The street address of the Company's registered office in Utal:t is 2785 West 9000 South, West J orclan., Utah. 84088 and the name of the Company's initial registered agent in Utah at such ,#1942,65 v) 357832 ----.........................._~ +.. .. . ..... .... -..+ ~--...... _ IIr +II .... +....... .... _ __ ,._""-- _ ~....... .. address is BACH CORPORATION.: The street address of the .Companyts designated office is · the same {is above~ By signing in the fonowing space, Greg L. Rindlisbacher hereby acknowledges and accepts appointment as the Campan ~s. .. · t: v' ARTICLE V APPOJNTMENT OF THE DI\1JSION AS AGENT The Directors of the Utah Division of Cotporations and Commercial Code is appointed. the Company's itgent for service of process if the registered agent has resigned, the registered agent's authority has been revoked, Dr the registered agent cannot be found or served with the . exercise ofreasonahle diligenoe" ARTICLE VI 1v1ANAGE:MENT The Company will be:managed. by its numager or managers as set forth in the Company' B . Operating Agreement The manager or managers do not need to he members of the Company. The Company's initial manager and its street address is set forth below: Mary B. Rindlisbacher Jensen 2689 W. Bountiful Lane Tucson~ Arizona 85742 ARTICLE vn JNTERNAL AFFAIRS The Company shall not be required to maintain at its principal place of business the written statement described in ~ 112(8) of the Act Except as provided in these Artioles of Organiza1i~ and as provided by law, the regulation of the internal affairs of the Company shall be in accordanqe with the Company's Operating Agreement 36iB3 2. 2 ...--.... ARTICLE'1llI INDEBTEDNESS The Company shall not incur any indebtedness other than (i) indebtedness relating to those certain mortgage loans and other indebtedness in favor of Ke'7 B~ including an)T modifica:tions, ~rnendments, supplements or extensions thereo~ relating to ~e Companys acquisition, ownership and operation of the Property (the c~an1c Indebtedness") and. eii) trade payables and other indebtedness incurred in the ordinary course of the Company's conduct of the Prim.ary PU1'J?oses, until such time as the Bank Indebtedness has been discharged in full. After ~the discnfiTge of the Company's obligations under the Bank Indebtedness, the Company may incur indebtedness from. any source. and with respect to any pmpose. t ARTICLE IX CERTAIN OPERATING REQUIREMENTS Until such time. as the Company's obligations under the Bank Indebtedness are discharged in fu11, the Manager shall cause the Company to: (i) (ll.) (ill) (iv) C,r) (vi) Act; maintainits books andrecords separate Hom any other person or entity; maintain its accounts .separate from any other person or entity; conduct its own business in its own name; maintain separate financial statements; pay its own liabilities out ofi-ts own funds; observe all formalities imposed on limited liability companies under the (vii) . enter into relationships with its afiiliates only on terms mml1Rr in a1J material respects to tenns that the Company could obtain from unrelated parties; (viii) pay the salaries of its own employees, and maintain a sufficient number of employees to fulfill tho pri.m.a.ty Purposes; !I 67832 3 . ~r (ix) except as contemplated by the Bank Indebtedness, not guarantee or become obligated for the debts of any other entity or hold out its credit as being available to satisfy the obligations of others; ex) not acquire the obligations or securities of its Member; (xi) allocate miy o'~terhead for office space shared 'With the Member or any other person on a fair and reasonable basis~ consistent with industry or "common practice" standards; (xii) use separate stationery, invoices and checks; (xiiI; except as permitted by the Bank Indebtedness, not pledge its assets for the benefit of any other entity or make any loans or ad"\Tance5 to any entity; (riv) hold itself out as a separate entity; (xv) correct any kno'W1l misunderstandings regarding its separate identity; and (xvi) ;maintain adequate capital in light of its contemplated business opemtions. ARTICLE X DISSOLlJTION, AMEND:M:ENT, l\1ERGERAND BANKRUPTCY ISSUES The Company shall not dissolve or terrninafe (i) while 'any rated securities issued ill connection with the B~ Indebtedness remain outstanding (mlless the Company has discharged all of its obligations under the Bank Indebtedness), (ii) wbile the Company has any rermj71iTlg obligations un.cier the Bank Indebtedness, unless the Manager has filed for pro~ction under the banlnuptcy laws of the United States or a. third parly has involuntarily placed the Manager under the protection of the baukroptcy laws of the United States and such involuntary petition is not L dismissed within 60 days of its filing) or (ill) upo~ the d~ ban1rrup~, insolvency, dissolution, liquidation, termin~tioD, resignation, re.m.oval, or incapacity of a Member wlille the Company has any obligations under ihe Bank Indebtedness. These Articles of Organization may not be amended except by a written ~ent signed by the Member, and. may not be amended "Without the consent of the lenders oftb.e Bank 367B32. 4 .... -. ---. __ _ .."fl' . . .......-............... ....... .-.............. .. ........ ~.....+ ..+--...... --_--........~ .. Indebtedness during atl)T period Vi,hen an:y rated securities issued in connection with the B auk Indebtedness remain outstanditlg unless the Company has discharged all of its obligations under the Bank Indebtedness. The Company may not engage in any consolidation, merger or sale of all or any substantial part Qf its assets so long as any l-ated securities issued in coDnootion with the Bank Indebtedness remain outstanding unless the Company has discharged all of its obligations under the BMk Indebtedness_ The consent of the Member shall be required for (i) the filing by the Company of any baIilcrnptcy or insolvency petition under the United States bankruptoy laws, or (ii) the institution of any insolvency proceedings bJ1 the Company. IN ~SS WHEREOF, this instroment has been executed under penalty of petjury as oftbis _30th day of September, 2005. 1'VfP-fJjf t3. .jf4d1~tv:l"4 Ob~anager t/ f t7 · By: '7f/)1M/t fJ.~~~~a~~~..J&v Name: Mary B_llincUisbacher Jense~ t7 Title: Manager 367832 5 . .r______"..____.._... _....-......-__._ ~ · 40 ~ ARTICLES OF ORGANIZATION OF JACOM L.C. RECEIVED OCT 11 ZOOS Yr.~})l ~t 001i~.1 WJ4~ CDrJE The undersigned) desiring to form a limited liability company. under the Utah Revised I Limited Liability Company ~ Utah Code Ann. ~ 48-2c-lOl et seq.. (the "Act~')~ herebyadC:>Pts the following Articles of Organization for such limited liability com.pany pursuant to S 9 207 and 403 of the Aet~ ARTICLE I NAME OF THE LIMITED LIABllXlY CO:MPANY The name of the Jimited liability company is JACOM L.C~ (the "Company"). ARTICLE n DURATION The. Company's existence as a limited liability company will coIIlinue for a period of 99 years :from the date hereof; unless earlier tenninated pursuant to the terms of the Company's Operating Agreement or by law~ ARTICLE m BUSINESS PURPOSE The Company is organized to own, develop and. operate certain interests in real and personal Property commonly referred to as a percentage Qf 11" 71 acreas of~1and located at 2500 North Earrle Ro~ Boise, Idaho and certain property adjacent and ancillaIy thereto (the '~ropritY"), and to ~gage in any aci!vity ancillary thereto. ~clu.ditJg without limitation, actions relating to th~ fin~na1n& marketing, lease, exchange or disposal of all or parts of the Property, subject in a1l cases to the limitations set forth herein (the l~ary PurpQ~s"'), and to conduct such other activities as may be lawfully co~ucted by ;l limited liability company organized pursuant to tbe Act and that are ~ the Primary :Pu:rposes~ and the Company shall have all of ~e powers of a limited liability oompany conferred by the Act with respect to such purp'oses.. ARTICLE IV STRElIT ADDRESS OF REGISTERED OFFlCEIlNITIAL REGISIERED AGENT The street address of the Company's register-e4 office in Utah is 12570 South 3600 West Riverton., Utah 8406:5, and the naine of the Company~ 8 initW. registered agent in Utah at such .-....-.. -..... - _... II- ... . IIJI. ... ..._.. _~_"""'."""~"".__I~~_ .. ---- -. .....-..- ... ...................~. . --" o J --- ~ I o \J1 "'"'D o -.a III .. t'\J ~ :::c n +< o .r ~ to ,) ARTIcLEs OF ORGANIZATION OF JACOM L.C. RECEl\/ED OCT 11 200S m. FJ~L et OOFif, & eoYd~ CO~E . The unQersigne~ .desiring to fonn a li1Dited liability company 1J1\der the Utah Revised Limited Liability Company hi; Utah Code Ann. 9 48--2c-10l et seq.. (the U~), hereby adopts the foDowing Articles of Organization for such limited Iiabilio/ company pursuant to 9 S 207 and 403 of the Act ARTICLE I NAME OF THE LIMITED LIABILITY CO:M:PANY The name of the limited liability company is JACOM L.e.. (the uCompany").. A.RTICLE n DURATION The. Company's existence as a limited liability company will continue for a period of 99 years :from the date hereof: unless earlier terminated pursua.nt to the terms of the Company's Operating Agreememt or by law. ARllCLEm BUSINESS PURPOSE The Company is organized to own, develop and. operate certain interests in real and . · personal property commonly referred to as a percentage of 11..71 EtCtea.8 of land located at 250Q North Eagle Road. Boise, I~o and ~ property adja~ent and ancillary thereto (the '~ropert1), and to oogage in any. aat.ivity anci1laIy thereto, including without .limitatio~ actions re1a.ti:ng to the 1i"an~"& marketing, lease, exchange or disposal of all or parts of the Property, subjeot in all cases to the limitations set forth herein (the "Primary PUI1Joses~, and to conduct such other activities as may be law:fuIly co~ucted by a limited liability company orga.rUzed purs~ant to the Act and that are within the Primary P~oses, and the Company shall have all of tJ?e powers of~a limited liability ~ODlp8ny conferred by the Act with respect to such purposes.. ARTICLE IV STREET ADDRESS.OF REGISTERED OFFICE/INITIAL REGISTERED AGENT The street address of the Company.s registered office in Utah is 12570 South. 36QO West Riverto~ . Utah 84065:a and the naine of fbe Company's initial registered agent in Utah at such .. 11''' ____ ...... ~... ......_. ...- - .-.--.----.......--- ..-- ~ -.....-....... -..- . --... o ~ -.) 1 o Ul -p o ",. N ~ ~ r-J < o .t" ~....~-_"..rt......... .................. ...._...... ..-......_~... la o;f .ARTICLES OF ORGANIZATION OF JACOM L.C. The undersign~ desi$g to fonn a limited Iiabilit;y company under the Utah Revised Limited Liability Company Act, Utah Code Ann. 9 48-2c-lOl sf seq. (the .tcAct"), hereby adopts . the fonow~g Articles of Organization for such limited liability company pursumlt to gg 207 and 403 of the Ant. ARTICLE I I NAME OF THE LIMITED LIABlLITY COl\fi>ANY The name of the limited liability company is JACOM L.C.. (the "Company''). ARTICLE n DURATION The Company's existence as a limited liability oompany will oOJltinue for a period of 99 . years from. the date hereof: unless earlier tenninated pursuant to the terms of the Company' 8 Operating Agreement orhy law. ARTICLE ill BUSINESS PURPOSE The Company is organized to o~ develop and operate certain interests in real Blld personal property commonly referred to as 11 percentage of 11.71 acreas of~ land located at 2500 . . North Eagle Road, Boise.. Idaho and certain property adjacent and ancillary thereto (the "Propeity'), and to engage in any activity ancillary thereto, including without limitation, aotions relating'to the :financing, marketing, leElSe~ exchange or disposal of all or parts of the Propertyl subject in all Crtfjes to the limitations set forth herein (the "Primary Purposes"), and to conduct such other activities as may be lawfully conducted by a limited liability company organized pursuant to the Act and that are within the Primary Purposes, and the Company shall have all of ~e powers of a limited liability company conferred by the Act with respect to such purposes.. ARTICLE IV STREET ADDRESS OF REGISTERED OFFICEIJNITIAL REGISTERED AGENT The street address of the C01npany's registered office in Utah is 12570 South 3600 West R.iverto~ Uta11 84065= and the name of the Company's initial registered agent in Utah at such ---....--.---............................ -......-....-.-- ----,,----..~_.__ w_-....-_ .....,.-_.__ j"'). ,,.,J address is 12570 South 3600 West; Riverto~ Utah 8406S~ The street address oftbe Company~s designated office is the game as above. By signing in the funo-wing space, Jay B. Rindlisbacber hereby acknowledges and accepts appointment as the Company's initial registered agent: ARTICLE V APPOlNTMENT OF THE DIVISION AS AGENT The Directors of the Utah Division of Corporations and Commercial Code is appointe.d the Company's agent for seIVice of process if the registered agent has resigned~ the registered agent1's authority has been revoked, or the registered agent cannot be found or sewed VJi.th the exercise of reasonable diligence~ ARTICLE VI. l\fANAGE:MENT The Company will be managed by its manager or managers as set forth in the Compants Operating Agreement. The manager or managers do not need to be memberJ; of the Company,_ The Company's initial manager and its street address is set forth below: Jay B. RindIisbaoher 12570 South 3600 West !OVerton, Utah 84065 . ARTICLE vn INTERNAL AFFAJRS The Company shall not be required to maintain at its principal place of business the written statement described in 9 112(8) of the Act Except as provided in _these .Articles of Organization, and as provided by law~ the re,gulation of.the internal affairs of the Company shalt be in accordance with the Company's Operating Agreement 36'1832 2 ..~ ARTICLE VDI lNDEnTEDNESS The Company shall not incur any indebtedness other than (i) indebtedness relating to those certain mortgage loans and other indebtedness in favor of reef B~ it including any modifications, amendments;t supplements or extensions thereo~ relating to the Company) s a.cquisitio~ ownership and operation of the Property (the. ''Bank Indebtednesi)) and (Ii.) trade payabIes and other indebtedneSs incurred in the ordinary course of the CompanTs conduct of the Primary Purposes, until such time as the 13ank Indebtedness has been discharged in:full After tbe discharge of the Company's obligations under the Bank Indebtedness:t the Company may incur indebtedness from any source..and with respect to any purpose. ARTICLE ]X CERTAIN" OPERATING REQUJRE:MENTS Until such time as the Company's obligations under the Bank Indebtedness are discharged in fu.14 the Manager shall cause the Company to: (i) (ii) (ill) (iv) (v) (b) Act. .. ,. mabrtain its books and records separate from any other person or entity; maintain its accounts separate :Q:om any other person or entity; conduct its own business in its own name; maintain separate financial statements; pay its own liabilities out of its own funds; observe all formalities imposed on limited liability companies under the (i) enter into relationships with its affiliates only on terms similar in all material respects to teons that the Company could obtain ftam unrelated parties; (n) pay the salaries of its own. employees, and ",aiuta~ a sufficient number of employees to fulfill the Primary Purposes; 3&7832 3 J L -~~""="____.-..._ ............r/l' ..... +--~_____..._......_....-..---~....___ h, '='" ,. 'll- (ill) ex:cept as contemplated by the Haul, Indebtedness" not guarantee or become obligated for the debts of any other entity or hold out its credit 8$ being available to satisfy the obligations of ?thers;. (iv) not acquire the obligations or securities of its Member; (v) allocate any overhead for office space shared with the Member or any other person on a fair and reasonable basis) consistent with industry or .ucommon practice" standards; (vi) use selJarate stationery, invoices and checks; (vii) except as permitted by the Bank Indebtedness~ not pledge its asset~ for the benefit of any other entity or make any loans or advanoes to any entity; (viii) hold itself out as a separate entity; (ix) correct any known misunderstandings regarding its separate identity; and I (x) maintain adequate capital in light of its contemplated business opera:tions~ ARTICLE X DISSOLUTION, AMENDMENT, :MERGER AND BANKRUPTCY ISSUES The Company shall not dissolve or terminate (i) while any rated securities issued in connection with the Banlc Indebtedness remain outstanding (unless the Company bas discharged all of its obligations under the Bank Indebtedness), (rl) while the Company has any TP:m~1n;ng obligations under the Bank Indebtedness, unless the 1tI.ranager has filed for protection under the bankmptcy laws of the United States or a third party has invohmtarily placed the :M:anager under the protection of the ba:nkIUptcy laws of th~ United States and such involuntary petition is not dismissed within 60 days of its iilin& or (ili) upon the de~ bankruptcy, insolvency, dissolution, liquidation, termination, resignation, removal, or incapacity of a Member while the Company has any obligations under the Bank Indebtedness~ These Articles of Organization may not be amended except by a written instrument signed by the Member~ and may not be a1l1ended without the consent of the lenders of the Bank '351E3z 4 .. . . ".. Indebtedness during any period when any rated securities issued in connection with the Bank Indebtedness remain outstanding unless the Company has discharged. all of its obligations under the Barile Indebtedness, The Company may not engage in any consolidation, merger. or sale of all Dr any substantial part of its assets so long as any rated securities issued in connection wit11 the Bank Indebtedness remain outstanding unIes~ the Company has discharged all afits obliga1ioDB under the Bank Indebtedness. The consent of the Member shall be required for (i) the filing by the Company of any ban1cruptcy or insolvency petition under the United States b~ptcy laws, or en) the institution of any insolvency proceedings by the Company. IN WITNESS WEEREOF., this instrument has been executed under penalty ofpeIjury as oftbis _5th day of October, 20D5~ Name; Jay B.. Rindlisbacher Title: Registered Agent 367B:;2 5 -\ ARTICLES OF ORGANIZATION . . OF R.Al\1J, LLC The undersigned, desiring to form a liInited liability company under the Utah Revised ~ Limited Liability- Company Act, Utah Code.A11IL g 48-2c..101 et seq. (the "Acf'); hereby adopts the fo1Jowing Articles of Organization for such limited liability company pursuant to *g 207 .and ~ 403 of the Act RECEIVED OCT 11 2005 ut. l'Pl ~f CO~~ &. MW! COOl: ARTICLE I NAME OF THE LJl\.fiTED LIABILITY COMPANY The name of the limited liability company is ~ LLC (the "Company').. ARTICLE n DURATION The Company's existence as a limited liability company will continue Until December 31, 2100 from the date hereof; unless em:lier termiJ:1ated puxsuant to the tenns of the Company's Operating Agreement or by law.. -.a. o I ..... ......3- 1 ~ """0 J"\) 11-. Ul ~ ::0 n < o ARTICLE ill BUSINESS PURPOSE The Company is organized to o~ develop and operate certain interests in real and personal. property cOlDmonly referred to as an undivided interest in 11..71 acres of land located at 2500 North Eagle Road, Meridian, Idaho and certain property adjacent and ancillary thereto (the ''PropeitV'), and to engage in any activity ancillm:y thereto, including without limitation, actions relating to the :financing) marketing, lease, exchange or disposal of all or parts of the Property, subject in all caSes to the limitations set forth herein (the 'i'ri:m.aty Purposes"), and to conduct such other activities as may be lawfully conducted by a limited liability company organized pursuant to the Act and that are within the Prim8Ij1 P1.1q)osesJ .and the Company shaJJ. have all of the powers of a limited liability company conferred by the Act with respect to such purposes.. ARTICLE IV STREET ADDRESS OF REGISTERED OFFICEIINTIIAL REGISTERED AGENT The stteet address oft4e Company)s registered office in Utah is 2785 West 9000 South., West Jor~ Utah., iind t1ie name of the Company's initial xegisterai agent in Utah. at such #19-4265 vi 367132 ;. address is Greg DII Rindlisbacher. The street address of the Company's designated office is the same as above~ By signing in the following space, Greg D. · .sbacher h by acknowledges and accepts appointment as the Company's initial register ARTICLE V APPOINTMENT OF THE DIVISION AS AGENT The Directors of the Utah Division of Corporations and Commercial Code is appointed the Company's agent for service of process if the registered agent has resigned, the registered agent~ s authority has been revoked, or the registered agent cannot be found or served with the exercise of reasonable diligence. .ARTICLE VI MANAGEMENT The Company will be managed by its manager or managers as set forth in the Company's . Operating Agreement The manager or managers do not need to be members of the Company. The Company's initial manager and its street address is set forth below: Bach Legacy! LLC 2785 west 9000 SoUth West Jordan, Utah 84088 ARTICLE VlI INTERNAL AFFAIRS The Company shall not be required to maintain at its principal place of business the written statement described. in 9 112(8) of the Act Except as provided in these Articies of Organization, and as provided by law, the regulation of the internal affairs of the Company shall be in accordance with the Company's Operating Agreement~ 367&32. 2 . ....~---.-._--.......................----.........-------- ...... -....-..-.....-.- ... .......,.-.. -- . ... ----_. ...---... -......... ....... -.... .... ......_._..._-----~-_... . r '" ARTICLE VITI lNDEBTEDNESS The Company shall not incur any indebtedness other than (i) indebtedness relating to those certain mortgage loans and other indebtedness in favor of lCey B~ including any modifications, amendments, supplements or o..iens.ions thereof; relating to the Company's acquisition, ownership and operation of the Property (the ''Bank .Inde]>tedness") and (ii) trade payables and other indebtedness incllIred in the ordinary course of the Companys conduct of the Primmy Purposes) until such time as the Bank Indebtedness has been discharged in full. After the discharge of the Co:tnpanys obligations llnder the Bank Indebtednes~ the Company may incur indebtedness from any source and with :respect to any purpose.. ARTICLE IX CERT.AlN OPERATING REQUJRE:MENTS Until such time as the Companyts obligations under the Bank Indebtedness are discharged in full, the Manager shall cause the Company to: (i) (ii) (ill) (iv) (v) (vi) Act; maintain its books and records separate from any other person or entity; maintain its accounts separate from any other person or entity; conduct its own business in its own name; maintain separate financial statements; pay its own liabilities out of its own funds; observe all formalities imposed on limited liability companies under the (vii) enter into relationships with its affiliates only on terms similar in aU .. h material respects to terms that the Company could obtain from unrelated parties; t:. (viii) pay the salaries of its own employees, and maintain a sufficient number of employees to fu1:fill the Primary Purposes; 36783.Z 3 '1..___ __..._____..... __ ...___."_ __ __ __" _~__.___. -....... .... ......... ~a ~ ' (ix) except as contemplated by -the Bank Indebtedness; not "guarantee or become obligated for the debts of any other entity or hold out its credit as being available to 8 atisfy the obligations of others; (x) ~not acquire the obligations or securities of its Member; (xi) allocate any overhead for office space shared with the Member o~ any other person on a fair and reasonable basis, consistent with industry or "common practice" standards; (xii) use separate stationety, invoices and checks; (xiii) except as permitted by the Bank Indebtedness, not pledge its assets for the benefit of any other entity or make any loans or advances to any entity; (xiv) hold itself out as a separate entity; (xv) correct any knovm. misunderstandings regarding its separate identity; and (J....'V.i) maintain adequate capital in light of its contemplated business operations. ARTICLE X DISSOLUTION, AMEND:MENr, MERGER AND BANKRUPTCY ISSUES The Company shall not dissolve or temllnate (i) while any ,rated securities issued in connection with the Bank Indebtedness remain outstanding (unless the Oompany has discharged all of its obligations under the Bank Indebtedness), (ii) while the Company has any Ifm1A1nl1"lf; obligations under the Bank Indebtedness) unless the Manager has filed fur protection under the banhUptcy laws ofilia United States or a third party has involuntar.ily placed the Manager under the protection of the bankruptcy laws of the United States and such involuntary petifun is not . dismissed within 60 days of its filing, or (ill) upon the death, bankruptcy, insolvency, dissolution, 1: .' liquidation, terminatio~ resignation, removal) or incapacity of a Member while the Company has any obligations under the Bank: Indebtedness. These Mtic1es of Organization may not be amended except by a written instnunent signed by the MeD1ber, and may not be amended "'Without the consent of the lenders of the Bank 367832 4