HomeMy WebLinkAboutNon-Development Agreement
ADA CDUNTY RECDRDER J. DAVID NAVARRO 9
BDISE IDAHO 12/02/02 01:57 PM
DEPUTY Bonnie Oberbillig
~~~~~~~DCINQUEST OF 1111111111I1111111111111111I11111I111
1 (12143305
AMOUNT .00
This sheet has been added to the document to
accommodate recording information.
Cherry Crossing Non-Development Agreement
(FP 02-011)
Approved by Meridian City Council August 6, 2002
NON-DEVELOPMENT AGREEMENT
Date: May 13, 2002
1. AGREEMENT. BOISE SURPLUS 2002 LLC, an Idaho limited liability
company ("Developer") owns that property known as Cherry Crossing Subdivision located
generally at the northwest corner of Cherry Lane and Linder Road in Meridian, Ada County,
Idaho described on Exhibit "A" attached hereto ("Property"), and desires to subdivide the
Property for non-residential purposes in accord with applicable Meridian subdivision
ordinances.
Developer desires to defer construction of infrastructure and public facilities in
Phase II of the Property (described as Lots 13-15, Block I, and depicted as "Phase II" on
Exhibit "B" attached hereto) except those approved landscaping improvements, sewer and
water mains, and curb gutters and sidewalks as shown on Exhibit "c" attached hereto,
required as conditions of approval of the final plat of the Property ("Subdivision
Improvements") by the City of Meridian, an Idaho municipality ("City"), such deferral to be
for the purpose of determining market ilcceptance of Phase II in its preliminary stage, and the
mix of uses and style of development of Phase II (within the range allowed by the Property
zoning) preferred by such market. In connection with such deferral, and as a condition to the
City's approval of the final plat of the Property, the City and Developer agree to the following
provisions and restrictions for Phase II.
2. NO DEVELOPMENT. No construction of Subdivision Improvements within
all or any part of Phase II of the Property shall be undertaken without the prior written consent
in each instance by the City, based upon plans submitted to the City detailing extent, nature,
and estimated cost and construction time thereof. Any such construction shall be in accord
with the original: a) conditions of subdivision approval; b) Development Agreement between
the City and Developer in effect for Lots I - 12, Block I, and Lots I - 7, Block 2 of Cherry
Crossing Subdivision (which is that portion of the Property outside of Phase II of the
Property); and c) the standard construction requirements of the City in effect at that time.
City may, at the City's option, subject Developer to providing an irrevocable letter of credit or
57600\18000\57650\ 18130\Non-Development Agreement - I
jlh 5-13-02
cash surety agreement in an amount sufficient to ensure the proper completion of such
improvements in Phase II when approval is given by City for such construction.
3. NO SALE. Developer shall not, during the term of this Agreement, sell any
lots in Phase II described on Exhibit "B" without the prior written consent in each instance by
the City, which consent shall be predicated upon completion of the Subdivision Improvements
serving Phase II in accord with the original conditions of subdivision approval and the
standard construction requirements of the City in effect at that time. This Agreement may be
recorded in Ada County as notice to prospective purchasers of this restriction; provided,
however, Developer may sell the entirety of Phase II to another developer so long as: a) the
City consents to the sale; b) the sale is subject to this Agreement and the Development
Agreement; and c) the buyerldeveloper agrees in writing with the City to assume all
obligations under these agreements.
4. TERMINATION. Unless otherwise agreed upon between the parties, if
construction of the Subdivision Improvements in Phase II has not been started within two
years from the date the final plat of the Property is recorded, and is not complete within three
years of such recording date, then the City's original approval of the final plat shall be
deemed revoked as to Phase II of the Property for which Subdivision Improvements are not
then complete in accord with the original conditions of subdivision approval and the standard
construction requirements of the City in effect at that time, and the City may then record
notice of such revocation as to Phase II in the records of Ada County. This Agreement shall
terminate, unless extended by mutual written agreement, upon the earlier of (a) completion of
the Subdivision Improvements, (b) two years after recording of the final plat if the
Subdivision Improvements have not then been started, or (c) three years after recording of the
final plat.
57600118000\57650118130INon-Development Agreement - 2
jib 5-13-02
5. BINDING EFFECT. The provisions hereof shall bind and inure to the
benefit of the parties hereto and their respective successors and assigns.
BOISE SURPLUS 2002 LLC
By:
By:
.~
rt D. Corrie, Mayor
BY:~~~b~~
William G. Berg, Jr.
City Clerk
57600\1 8000\57650\18 130\Non-Development Agreement - 3
jlh 5-13-02
STATE OF IDAHO )
: ss.
County of Ada)
On this .:J~ day of May, 2002, before me, the undersigned, a Notary Public in and
for said State, personally appeared Jeffery L. Hess, known or identified to me to be the Chief
Operations Officer of Boise Surplus 2002 LLC, an Idaho limited liability company, the company
that executed the instrument or the person who executed the instrument on behalf of said
company, and acknowledged to me that such company executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
the day and year in this certificate first above written.
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STATE OF IDAHO )
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County of Ada
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On this 'Lv'" day of May; 2002, before me, the undersigned a Notary Public in and
for said State, personally appeared ROBERT D. CORRIE and WILLIAM G. BERG, JR.,
known to me to be the Mayor and City Clerk, respectively, of the City of Meridian, an Idaho
municipality, Idaho, and they duly acknowledged to me that they executed the within
instrument on behalf of said municipality and that said municipality executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
the day and year in this certificate first above written.
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576001180001576501 18130lN on-Development Agreement - 4
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EXHIBIT A
LEGAL DESCRIPTION
A parcel of land lying in a portion of the Southeast Quarter of Section 2, Township 3
North, Range 1 West, Boise Meridian, Ada County, Idaho, being more particularly
described as follows:
Commencing at the Section corner common to Sections 1, 2, II, and 12; thence North
89033'46" West a distance of 850.09 feet along the southerly boundary line of said
Southeast Quarter of Section 2, and the centerline of West Cherry Lane; thence North --
00026' 14" East a distance of 50.00 feet to a point on the northerly right-of-way line of
West Cherry Lane, and the easterly boundary of Valeri Place Subdivision, as filed for
record in the office of the Ada County Recorder, Boise, Idaho, in Book 63 of Plats at
Page 6307 and 6308, said point also being the TRUE POINT OF BEGINNING; thence
along said easterly boundary line for the following six courses and distances: North
00026' 14" East a distance of337.29 feet; thence North 16007'36" East for a distance of
68.17 feet; thence North 45006'20" East for a distance of23.01 feet; thence South
89033'46" East a distance of 87.92 feet; thence North 00026'14" East for a distance of
49.00 feet; thence South 89033'46" East a distance of 50.00 feet; thence leaving said
easterly boundary line, North 00026'14" East along the westerly boundary line of Lot 1,
Block 4 of said Valeri Place Subdivision, for a distance of 59.00 feet to a point of curve;
thence 31.42 feet along the arc of a 20.00 foot radius curve to the right, (through a central
angle of90000'00'', which chord bears North 45026' 14" East for a distance of28.28 feet)
to a point of tangency; thence South 89033'46" East along the northerly boundary line of
said Lot 1, for a distance of 105.00 feet to a point on the easterly boundary line of said
Valeri Place Subdivision; thence along said easterly boundary line the following three
courses: North 00026' 14" East a distance of 50.00 feet; thence North 89033'46" West a
distance of 32.35 feet; thence North 00OZ6' 14" East a distance of 110.00 feet to a point
on the southerly boundary line of Glennfield Manor No.6, a Subdivision, as filed for
record in the office of the Ada County Recorder, Boise, Idaho, in Book 58 of Plats at
Pages 5627 and 5628; thence South 89033'46" East a distance of 557.68feet along the
said southerly boundary line of Glennfield Manor No.6 and the southerly boundary line
of Glennfield Manor No. 7, a subdivision, as filed for record in the office of the Ada
County Recorder, Boise, Idaho, in Book 59 of Plats at Pages 5743 and 5744 to a point on
the westerly right-of-way line of North Linder Road; thence along said westerly right-of-
way line, South 00016'08" West a distance of607.36 feet; thence North 89043'52" West
a distance of 15.00 feet; thence South 00016'08" West a distance of 107.85 feet; thence
South 45021 '11" West a distance of17.00feet to a point on the northerly right-of-way
line of West Cherry Lane; thence along said northerly right-of-way line the following
courses and distances: North 89033'46" West a distance of 197.48 feet; thence North
00026'14" East a distance of20.00 feet; thence North 89033'46" West a distance of
600.49 feet to the POINT OF BEGINNING.
Said parcel contains 520,550 square feet or 11.95 acres, more or less.
57600118000157650ILegal Description
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