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HomeMy WebLinkAboutPZ - DA Mod #2 with Exhbits SECOND ADDENDUM TO DEVELOPMENT AGREEMENT PARTIES: 1. City of Meridian 2. MGM Meridian,LLC, Owner/Developer 3. MGM Meridian 2,LLC, Owner/Developer THIS SECOND ADDENDUM TO DEVELOPMENT AGREEMENT is dated this day of , 202_, "SECOND ADDENDUM", by and between City of Meridian, a municipal corporation of the State of Idaho, ("CITY"), whose address is 33 E. Broadway Avenue, Meridian, Idaho 83642 and MGM Meridian,LLC, ("OWNER/DEVELOPER"), whose address is 5 Naranja Way,Portola Valley,CA 94028 and MGM MERIDIAN 2,LLC ("OWNER/DEVELOPER'), whose address is 5 Naranja Way,Portola Valley, CA 94028. RECITALS A. CITY originally entered into the existing Development Agreement recorded as Instrument #2019-060877 in Ada County Records with the owner of record at that time, Sadie Creek Commons, LLC. Sadie Creek Commons, LLC subsequently sold the entire property to MGM Meridian, LLC through Warranty Deed recorded as Instrument#2022-015449 in Ada County Records.MGM Meridian,LLC subsequently transferred ownership of a portion of the property identified as 3030 N. Cajun Lane (Parcel S1105110120) to MGM Meridian 2, LLC by Quit Claim Deed recorded as Instrument#2022-024826 in Ada County Records. MGM Meridian, LLC and MGM Meridian 2,LLC hereinafter referred to as Owner/Developer,and City hereby acknowledge the property identified in Exhibit A is bound by the terms of the existing Development Agreement,recorded as Instrument#2019-060877 in Ada County Records. B. OWNER/DEVELOPER has submitted an application for a Modification of the Development Agreement (Instrument #2019-060877) for the purpose of updating the concept plan and provisions to construct a mixed-use development consisting of commercial space and a multi- family development in lieu of an athletic club/spa and commercial building on 11.17 acres in the C-G zoning district. The Meridian City Council approved the Modification and the Addendum to Development Agreement was recorded as Instrument #2022-079000 in Ada County Records. C. CITY, and OWNER/DEVELOPER now desire to amend said Development Agreement and Addendum to Development Agreement,which terms have been approved by the Meridian City Council in accordance with UDC section 11-513-4. D. NOW, THEREFORE, in consideration of the covenants and conditions set forth herein, the parties agree as follows: 1. OWNER/DEVELOPER shall be bound by the terms of the Development Agreement recorded as Instrument#2019-060877, except as specifically amended as follows: a. Future development of this site shall be substantially consistent with the submitted concept plan and color renderings attached to this Second Addendum as Exhibit A and the provisions contained herein. b. Future development shall comply with the standards outline in the multi-family development specific use standards, UDC 1104-3-27, except for any requests for Alternative Compliance approved by the City. c. All future pedestrian crossings that traverse shared drive aisles within the development shall be constructed with brick,pavers,stamped concrete,or colored concrete to clearly delineate the driving surface from the pedestrian facilities,per UDC 11-3A-19B.4b. d. The required landscape street buffers and multi-use pathway segment shall be constructed and vegetated with the first phase of development along E. Ustick Road and N. Eagle Road; the proposed 25-foot landscape buffer along the west and south boundaries shall be constructed with the first phase of development. e. Applicant shall work with ACHD to construct a safe pedestrian crossing from the multi-family site area to the parking lot along the west boundary across N. Centrepoint Way. f. With the future Conditional Use Permit for the multi-family development,the building heights shall not exceed 45-feet in height, consistent with the Applicant's revised concept plan and presentation to Council. g. Applicant shall continue the masonry wall along the west property boundary consistent with adjacent development and to help buffer the proposed project. h. Staff and Applicant shall work with ACHD to mark Centrepoint Way as no-parking on both sides, should ACHD allow it. 2. That Owner/Developer agrees to abide by all ordinances of the City of Meridian and the Property shall be subject to de-annexation if the Owner/Developer, or their assigns, heirs, or successor shall not meet the conditions of this Addendum, and the Ordinances of the City of Meridian as herein provided. 3. This Addendum shall be binding upon and insure to the benefit of the Parties'respective heirs, successors, assigns, and personal representatives, including City's corporate authorities and their successors in office. This Addendum shall be binding upon the Owner/Developer of the Property, each subsequent owner and any other person(s) acquiring an interest in the Property, or portions thereof, except that any sale or alienation shall be subject to the provisions hereon and any successor owner or owners shall be both benefited and bound by the conditions and restrictions herein expressed. City agrees,upon written request of the Owner/Developer,to execute appropriate and recordable evidence of termination of this Addendum if City,in its sole and reasonable discretion,had determined that Owner/Developer have fully performed its obligations under this Addendum. 4. If any provision of this Addendum is held not valid by a court of competent jurisdiction, such provision shall be deemed to be excised from this Addendum and the invalidity thereof shall not affect any of the other provisions contained herein. 5. This Addendum sets forth all promises, inducements, agreements, condition, and understandings between Owner/Developer and City relative to the subject matter herein, and there are no promises, agreements, conditions or understanding, either oral or written, express or implied, between Owner/Developer and City, other than as are stated herein. Except as herein otherwise provided, no subsequent alteration, amendment, change or addition to the Addendum shall be binding upon the Parties hereto unless reduced to writing and signed by them or their successors in interest or assigns, and pursuant, with respect to City,to a duly adopted ordinance or resolution of City. a. Except as herein provided, no condition governing the uses and/or conditions governing development of the subject Property herein provided for can be modified or amended within the approval of the city Council after the City has conducted public hearing(s)in accordance with the notice provisions provided for a zoning designation and/or amendment in force at the time of the proposed amendment. 6. This Addendum shall be effective as of the date herein above written. 7. Except as amended by the Addendums, all terms of the previous Agreements shall remain in full force and effect. ACKNOWLEDGMENTS IN WITNESS WHEREOF, the Parties have herein executed this Addendum and made it effective as hereinabove provided. OWNER/DEVELOPER: By: Michael G.Maffia,Manager State of ) ss: County of ) On this day of ,202,before me the undersigned,a Notary Public in and for said State, personally appeared known or identified to me to be the of an the person who signed above and acknowledged to me that he/she executed the same on behalf of said corporation. IN WITNESS WHEREOF,I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. (SEAL) Notary Public for Residing at: Commission expires: OWNER/DEVELOPER: By:Michael G.Maffia,Manager State of ) ss: County of ) On this day of ,202,before me the undersigned,a Notary Public in and for said State, personally appeared known or identified to me to be the of an the person who signed above and acknowledged to me that he/she executed the same on behalf of said corporation. IN WITNESS WHEREOF,I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. (SEAL) Notary Public for Residing at: Commission expires: IN WITNESS WHEREOF, the Parties have herein executed this Addendum and made it effective as hereinabove provided. (SEAL) Notary Public for Residing at: Commission expires: CITY OF MERIDIAN: Attest: By: State of ) ss: County of ) On this day of ,202,before me the undersigned,a Notary Public in and for said State, personally appeared , known or identified to me to be the Mayor and Clerk, respectively of the City of Meridian who executed the instrument or the person that executed the instrument on behalf of said City,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 ycar in this certificate first above written. (SEAL) Notary Public for Residing at: Commission expires: Exhibit A See attached. SITE INFORMATION SITE LOCATION EAGLE AND USTICK MERIDIAN, ID 83646 TOTAL SITE AREA APPROXIMATELY 9.99 ACRES(435,343 SF) EXISTING ZONING CG(SERVICE COMMERCIAL) X EXISTING USE VACANT PROPOSED ZONING C-G(SERVICE COMMERCIAL) E USTICK ROAD PROPOSED USE MIXED USE(RETAIL/MULTIFAMILY) BUILDING SETBACKS PROPOSED VRT FRONT(STREET) 0FEET BUS STOP IRR. VAULT SIDE 0 FEET BUILDING SETBACK: 17.5 FEET u o ir)���- T � o � REAR 0 FEET LANDSCAPE BUFFER_ 1i5 fao __ ``� 0 o co N u- o -� - BUILDING SETBACK: 17.5 FEET Sri m - o�� i� - w LANDSCAPE SETBACKS N m \ / - - LANDSCAPE BUFFER: 17.5 FEET `4 N u- -o�,ri \ \ / OLEO: d m -� FRONT(STREET) 25 FEET,35 FEET(EAGLE RD) IRR. VAULT - - 3 H 9 O d Ln SIDE&REAR(ADJACENT TO RESIDENTIAL) 25 FEET 9.0' 9 0i \ TYP TY ~ 23 J SIDE&REAR(ADJACENT TO COMMERCIAL) 0 FEET b } 1 O >- TYP o PARKING REQUIRED PRIVACY WALL }~ 0'>- N N CL I 1 1 BED(1.5 PER UNIT, 1 COVERED) 155 UNITS,233 STALLS(155 COVERED) N p a 2 BED(2 PER UNIT, 1 COVERED) 105 UNITS,210 STALLS(105 COVERED) 5.0 40.0' 110, Oi } O7 O7 BC-BC I >- 0 r W 25.0 3 BED(3 PER UNIT, 1 COVERED) 35 UNITS, 105 STALLS(35 COVERED) 5 IRR. VAULT 1 - F- I I I GUEST PARKING(1 PER 10 DWELLING UNITS) 295 UNITS,30 STALLS \ b } o a- b L J TOTAL PARKING STALLS REQUIRED 578 STALLS(295 COVERED) � TYP 9.0 H STANDARD PARKING STALLS PROVIDED 281 STALLS o r M IRR. VAULT o TYP 9 0' 0) F c6 TYP COVERED PARKING STALLS PROVIDED 297 STALLS 0 14 N 9 0, 0 w 04 o N IRR. VAULT TOTAL PARKING STALL PROVIDED 578 STALLS(297 COVERED) /14K } O �TYP� _� 9.0' BICYCLE PARKING O w III 19.0' 25.0' 19.0' 19.0' 25.0' 19.0' Q Q 1 ao, 10 11 0 TYP~ ��9.0' ' 10 f L! C7 �, � �0000 0000 0000 000Oo 0' �' of 12 12 0 - - - w w ~ �U- Z o o 0 z o ooee o0 12 Og Og Og O �� 19.0'- 26.0' `19.0' ■ o � I II Lu Q Y IL COVERED U u- LEGEND Z w 6 PORCHNd I m Lu o 80 STALLS PROVIDED U PROPOSED CONCRETE S LE ° �� I cn w `6 J (29 COVERED) PEDESTRIAN SPEED o o } i z U - - - - PROPERTY BOUNDARY ---N O TABLE BUILDING B1 ° r~ o o - - I BUILDING SETBACK o Z LANDSCAPE SETBACK 19.0' 25.0' ooMY MaiNrn+rSPI, ` eao sR eui 19 0'P m J; �� PRIVACY WALL Rcfo MAIL BOXES asssP `Fibs SsaosF TYP--1 445 SF o I Ihe10 MAIL BOXES I COVERED PARKING ° 19.0'- 26.0' 19.0' 0' 28.4' ° TYP TYP BC-BC 406 STALLS PROVIDED ffmiflTirm 5.0' 33.0' (251 COVERED) I BUILDING D 1 AMENITY 'L, I BC-BC 1 AREA BUILDING A 0 30.0' uP 33.0' 10.0' ° - .,J IRR. ESMT. 'I 11 BICYCLE PARKING BC-BC 19.0' 26.0' 19.0' BICY 10 0 -� PRIVACY WALL 11 III /� BUILDING SETBq LANDSCAPE CK 5 FEET I II 13 / / O BUFFER: 5 FEET I BUILDING B2 0 �� o - � � �NDSC G SEj �> 10 BUILDING SET \ E A R / rn O i- 9 O, LANDSCAPE BACK: 5 FEET qp @F 2$ 2 O IRR. VAULT �F l \ F Fj J l ��� oo I �TYP� o�w 24 BUFFER= IRR. VAULT 0 o �.�0� TYP o j6.0' o 92 STALLS PROVIDED ED (17 COVERED) - - � \ ry. Q gyp ry � 0 0 0 p 0o �o v 12 O h T f6-1 O O o O O 19.0'� 26.0' 19.0' g 0, UP \ ° 0 o Q T O ° TYP TYP \ G ° 19.0'- 26.0' 19.0' 19.0' PROPOSED CONCRETE ry yp Oo �� AMENITY Z P TYP- TYP TYP PEDESTRIAN SPEED O / 0 AREA TABLE \ O7L \ 2 o � �`NOScgp FT@ �o Typ O O 11 36 \ 7 �I o 25 FFej o TYp'ry BICYCLE PARKING o \ 2 0 1 O' _ u O O 9' 7 2S 5' FFEj `v O BUILDING C ' IMPROVEMENTS \ 9.0' o O O UNDER SEPARATE w Of� PLAN AND PERMIT Types - 11 (29 STALLS) N to 0 Q Q LL -_ o m � w 0 U) c� ® 19.0' 19.0'- Q I \ 50 \� TYP o TYP- z u O uJ \ \ > 0 9 � I oZ N � T yp � I F T °0� 1 M-F- 17 17 35.0' L/S BUFFER � BUILDING SETBACK: 25 F LANDSCgPE BUFFER• 2 _ FEET 9.0' ' TYP I I 2 BUILDING SETBACK: �-__ BUILDING LANDSCAPE 5 FEET LANDSCAPE SETBACK. 5 FEET PROPOSED CONCRETE BUFFER: 5 FEET BUFFER: ----------- PEDESTRIAN SPEED 5 FEET TABLE s SITE PLAN - C E N T R E PO I N T GRAPHIC SCALE IN FEET 0 20 40 80 Eagle & Ustick Meridian, ID May 10, 2024 NORTH ii Yi i ■ l IY ■WI Nil I I I Ik ifi 1!'I ■ I ■ =MUSICCOMIC - - ■ � ■ ■ � ■ � ��COMIC � rlil�l�fi is■�el, raaasa■a � tl::=I I. •' a,ur _ �errs I-- „ I:1s:R.� �� i��ffffllff �I1I I � � I i I l::lr1Y: Eriii' iii .\ i II MIN - - � Ili� �■/Ip/1 ••• r■g IIIIIA/11 / I■ _ 7Y rill■ i:l::ili:i �ll���i���l I IIIIIi 11 L'::::::'•• �� !! ii in�l!/plllllrlillll !!!!!1 Into i iNI��� ■ 1- M H riuu rl:, ... r r lrr■ l.........�Illi �� i>��1�:� ■ j � 11 1will M 1 � I■ MOM= ME = ■ = ; 1 � — naau ae � aet Ill I■a■■■•••1 'rw9Frr"' Il� 114hi 1 I\ ■ - �ifg:.,...-. 11111818gIIm illlll' , , I■i I I i ii ■ i l l I■ i I I i 1 i■ i I I I ■ I f i I I IIIIIIIIIIIIIII � IIiIIIIIIiI�III I I Ii� , i�III IIII III ��II �IIIIIII� I i .\I I I _ __• ,� r..u.rr+■r,rrrr r.al.a..r_r � I �= =ems r.■r.er■rr■rrrr .ar r.e,aesa■aaas- iI ■ _ ■ �ww� ��■ i .nl e■r,err�� I ■ � � ■ rr N I MOM MISSION 0 uuunl iaaa.rn rwe■rr ql rgirrrN rr.r.wr•1 rr+ru ■.... ury ... 1 Ill lar „�....• ■rer.re.:r aa,rar ••..•.... iiiiii .- -_-.- -__---� ►_-------- __-- yy ! 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