HomeMy WebLinkAboutWashington Trust BankCUP03-018 ~~
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/ LEGAL DEPARTMENT
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; (208) 298-2499 • Fax 288-2501
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LITY OF 7~'~~l
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PARKS & R
CITY COUNCIL MEMBERS _
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(208 888-3579 • Fax 898-5501
Tammy deWeerd. ~
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` PuBLIC WORKS
(208) 998-5500 •Fax 887-1297
William L. M. Nary j
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~ BUILDING DEPARTMENT
Cherie McCandless CF n%
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~ ~° (208) 887-2211 • Fax 987-1297
Keith Bird '~ Taetisv„e V
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i5ua PLANNING AND ZONING
„ (208) 884-5533 • Fax 888-6854
TRANSMITTALS TO AGENCIES FOR COMMENTS ON DEVELOPMENT PROJECTS
WITH THE CITY OF MERIDIAN
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 Clerk's Office
Attn: Will Berg, City Clerk, by: April 24, 2003
Transmittal Date: April 1, 2003 Hearing Date: May 1, 2003
File No.: CUP 03-018
Request: Conditional Use Permit for a bank with drive-thru in an I-L zone for Washington
Tust Bank
By: Russ Wolfe
Location of Property or Project: south of East Presidential Drive and east of North Eagle Road
David Zaremba, P/Z (No VAR, VAC, FP)
Jerry Centers, P2 (No VAR, VAC, FPJ
Leslie Mathes, P/Z (No VAR, VAC, FP)
Michael Rohm, P/Z (No VAR, VAC, FP)
Keith Borup, P/Z (No VAR, VAC, FP)
Robert Corrie, Mayor
Bill Nary, C/C
Tammy deWeerd, C/C
Keith Bird. C/C
Cherie McCandless, C/C
Water Department
Sewer Department
Sanitary Service (NO VAR, VAC, FP)
Building Department
Fire Department
Police Department
City Attorney
City Engineer
City Planner
Parks Department
Meridian School District (No FP)
Meridian Post Office (FP/PP only)
Ada County Highway District
Ada County Development Services
Central District Health
Nampa Meridian Irrig. District
Settlers Irrigation District
Idaho Power Co. (FP/PP onry)
U.S. West (FP/PP only)
Intermountain Gas (FPiPP ~~ty)
Bureau of Reclamation (FP/PP onry)
Idaho Transportation Department (No FP)
Ada COUnty (Annexation only)
Ada County Land Records (FP/PP only)
Meridian Development Corporation
Historical Preservation Commission
Your Concise Remarks:
33 EAST IDAHO • MERIDIAN, IDAHO 83642
(208) 888-4433 • Fax (208) 887-4813 City Clerk Office Fax (208) 888-4218 Human Resources Fax (208) 884-8723
nt By: wAg ;
5094553933;
Mar-14-0.3 12:OBPM; Page 2!2
Fa~s
CITY OF AdBRiDIAN
Flann)ng aad Zoaing Depertraent
860 &aet Watertower Ln., Ste. aaa, Marid)aa ID 83842
(~) 684-5533 Phone/ (a09) SBB-8964
_ Check here if Planned DevelopmeaL Application
(RE: Metidiaa 2onutg Otdiaance _ Sectioa 11-17)
APFLICANT: Ruse Wa)fe
ADDRESS: a04 North Dlvisioa, Suite E, Spokane, WA 99202
PHONE: (609) 455-8999 FAR: (609) 455-3933 Ps-MAIL: rwelfe@wagarch.eom
OWNER(S) OF RECORD: Hermes ~ Assoaates
ADDRESS: 3300 Saterpnse Parkway, 8eaahwood, Ohio 4412a
PHONE: (zlsy ass-ssoo FAX: (218) X55.1600 E-MAIL; wcvw.dcl:c.com
ENGINEER, SUVEXOR, PLANNER: OuadLant Ca~neu)tinq, Inc.
ADDRESS: 405 South B~' Street, Suite 295, Boise, ID 63TOa
PHONY'+: f208) 342-0091 FAX: (aos) 342-o0sa $-MAIL: quadrant@quadrant.ec
ADDRESS, GENERAL LOCATION OF SITE: Loc 1, Block i, Presidential subdivieioa
DESCRIP'T'ION OF PRESENT USE: vacant
DESCRIPTION OF PROPOSED CONDITIONAL USE: Bank w)th Drive-Thru
NUMBER OF ACRES: 1.87 NUMBER OF RESIDENTIAL UNITS: N/A
SQUARE FOOTAGE Oi: NON-RESIDENTIAL BUILDINGS: za,o00 square feet
PRESENT ZQNE CLASSIFICATION:
I have read the iaformatioa
APPLICANT'S
I-L (I,igllt Iadustrlaq
la Lnle and COYre[t.
socrAL sECVRITY NUMBER: 5/d. ' i° • 'b'+~b5
' ~
•
Wolfe
' ~ Architectural
group • p.s.
10 March 2003
' City of Meridian
Attention: Mr. Dave McKinnon, Planner II
860 Watertower Street, Suite 202
' Meridian, ID 83642
Re: Conditional Use
' Letter of Intent
Proposed Washington Trust Bank and Financial Center
wAg: #02-147
Mr. McKinnon,
We aze writing this letter on behalf of our client Washington Trust Bank. They are currently in
the process of purchasing (Lot #1, Block #1 of the Presidential Sub-Division) with the intent of
' constructing an 11,000 squaze foot Branch Banking and Financial Center. This particular
parcel is within a lazger development that is controlled by Roclty Mountain Development of
Boise. The Washington Trust Pad will be the first building constructed and will be accessed
from an existing driveway off of Presidential Street.
At this time, we are proposing three drive up teller lanes and a drive up ATM. These services
are critical to the success of the facility and Washington Trust Bank is requesting a
' "Conditional Use Permit". The three teller lanes would be equipped with audio
communication devices similar to other banking facilities in the metropolitan area. The
proposed drive up teller lanes would operate during standazd banking hours and the volume is
' controlled to maintain privacy between the customer and the teller.
The proposed 11,000 squaze foot, one-story with full basement building, will feature a brick
masonry body with EIFS "Drivit" and architectural metal panel accents. All lighting and
' signage will be low glaze and shielded to minimize glare to adjacent properties and motorists.
Please refer to the enclosed colored elevation for additional architectural information.
' Washington Trust Sank appreciates this opportunity and looks forward to being a positive
presence in Meridian. Should you have any questions about Washington Trust Bank and our
intentions please do not hesitate to call.
1
1
Architect
Wolfe Arclitectural group, ps
(509)455-6999
Enclosure: Conditional Use Application
Site and Landscaping Plans
Colored Elevations
Sincerely,
(~
/`
Gary Miller, VP
Construction Services
Washington Trust Bank
(509)353-3808
architecture .interior design. •pianning
204 n. division street, suae'e' Spokane, Washington 99202
p'. 509.455.6999 f; 569,455.3933 e. wa3arch@wagarch.com vaww.wagarch.com
' •
Wolfe
' Architectural
' group • p.s.
1
10 March 2003
City of Meridian
' Attention:. Mr. Dave McKinnon, Planner II
660 Watertower Street, Suite 202
Meridian, ID 83642
Re: Conditional Use
Letter of Intent to Post
Proposed Washington Trust Bank and Financial Center
' wAg: #02-147
Mr. McKinnon
' This is a letter stating that Wolfe Architectural group will be posting a sign at least one week
before the hearing stating that we have applied for a Conditional Use Permit. We also
understand that after the property has been posted, we must deliver to the Zoning
' Administrator a notazized statement stating that we have posted the property and the dated it
was posted. If two hearings aze required, we understand that we must submit a notarized
statement for each heazing.
Since~'ely;
i
-~ Russell S. Wolfe, AIA
Architect
Wolfe Architectural group, ps
(509) 455-6999
architecture .interior design • planning
204 n. dtnsion street. suite'e' Spokane, washington 99202
p: 509.455.6999 f: 509.455.3933 e: wagarch@wagarch.com wv~rnn~agarcn.com
~~~
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~~~' Management
& Development;
2700 W. Airport Way • P.O. Baz 15407 . anise, Idaho 83715
(208)345-7030 • Faz (208)345-7210 r
Date:
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To: ~~i~ /.Company: ~/~i~'Y(~ ~~
Fax Number: ~ # of pages (including cover): ~~
From: Andrew W. Simonds Re:.1~F ![1G~tri~ ~dt~Q,~/~G~V
Comments f Special Instructions
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ff you have any problems receiving this fax, please calf {208) 345-7030 err. 2 ~ 7
Raeky Mountain Management, Boise, Idaho • F8C Corporation, Boise, Idaho • Best Western Vista Inn, Boise, Itlaho
Best Western Airport Motor Inn • Siaep Inn, Boise, Idaho • Inn Amarlu, Boise, Idaho
Inn America, Lawlaton, Itlaho • Inn Amerlea, Nampa, Idaho • inn America, Troutdale, Oregon
Logger Creek, Boles, Idaho • Airport Business Park, Boise, Idaho • K.K. Building. Boise, Idaho
Ambassador Bueinoss Park, Portland, Oregon • Broadmore Land, Nampa, Idaho
F~gle Road Professional CsMer 18 ll, Meridian, Idaho • Airport BusMess Center, Boise, Idaho
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"'~ ~ ~-~riEC~RDED-REOl1fSTOF
' F,i]d COUNTY R CORDER
~. DAVID NA RRO
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Far Valne Received GEl-TTONE, INC., a corporation dui organized ,and existing under the laws
of the State of Idaho, ("(}tatttot") does hereby Gran; Bargain, Seil and Convey unto ra a"2MFg
ASSOCIATES, LTD, s Utah Limited parmetahip, ("Orantee'~ whaae current nddress is 455 E. 51h 5.,
Suite 400, Salt [,eke City, Utah 84111, the followitrg descnbad real estate within the o;ry o{ Meridiem,
Idaho, to-wit:
A pazcel of land located is the S outhwest Qrtarrer of the Northwest Quarter
of Section 9, Township 3 North, Range 1 Ens; Boise Meridian, Ada
County. Idaho: as ntoro partieulazly desan-htd on ,Exhibit "A•, as Parcel #1
and a ptat:el of land lo~atedur the Not9tesat Quarter of tine Northwest
Quarter of Section 9, Township 3 North, Range 1 Ens; Bouc Meridian,
Ada County, Idaho, as more partlcularly descn`bed on Exhibit "A" as
Parcel #5.
TO HAVE AND TO HOLD the said real ptoperrywith all appurtenances (including, but net limited
to, all waterrights or ownership imrerests in any irrigation districts or entiAesj unto the said Grantee, iu hear
and assigns forever, and the said Grantor does hereby covenant W sad with said Greares thaz it is the Owner
in fee simple of said tea] estate and that said parcel is free and clear of ell easements, restrierions, and
encumbrances, expect;
1. Reservations or exceptions in pntents or in Acts authorizing the issuance thereof.
2, Geaeeal Taxes for the year 1998, a lien but net yet due sad payable.
3. Negative Easement and Restrietiaos comained in Warranty Deed, and the terms and
conditions thereof.
In Favor of State of Idaho
Recorded Sanuary 24, 195b
Imsnvmant No. 389346
4. Agreement and the terms and conditions contsiaed therein:
Between George E. Stang end Hannah W. Stang, husband and wife
and C.H. Stewart acrd Aliee $. Stewart, husband and wife
Recorded September Z, 1954
Instrument No. 364731
purpose IrrigntionDitehright-of:way
Minerals and mineral rights as mserved to Upland Industries Corporauvn, a Nebraska
cotporavoa, by Specie] Warranty Daed recorded August 3l, 1990, as lnsmrmeur Na
9047045, records of Ada County, Idaho.
CORPORATION WARRAIv'TY DEED -1
ID~Ur 1999\Grn,eppe`eoiywa.deaA1
ZO "d ~.uawa6auaW u ~ e>}unot,.l iC~~oa d6Z = b0 SO-bi -apW
O1/1S/OS i5: 21 FA% ~., ~ L~100.~
.i \S
Easement and the terms end coadidons thettaf
>nFavorof Mo[m[ainSm~TelephoneaadTele~spLCampany,acotporauon
Purpose Commuaicatioa Facilities ~d Cncideatal Parposes
Recorded Tune 28, 1990
hrshvmeot No. 9034208
Affects Parcel 3
Negative E:s.~---~, Canditiaas, =eseictioas and access righss contained in the Deed to [he
State ofldaho
Raaarded November 25, 1988
las6vraentNo. 8857910
Official Accords.
And aatcoded by Exchange Deed recocdcd April 8, 199a, as Inscvmeat No. 94032501,
Affects Parcel 1.
8. Easement and the taxtaa cad conditions thereof
In Favor of Ade County Highway Disa~ict
Purpose Temporary access road beaveca the proposed Crossroads
Subdivision No. 5 and Fairview Avenue
Recorded Ogaber 1,1997
Lmvumeat No. 97081013
Affects Parcel 5
9. Rights and interests ofthe Nempadvieridian Irrigation District
10, Easements and tights-of--way far or associated with irrigation ditches and facilities
appearing oa iLe above-described tea3 tsta~.
11. Easementsffitdrightsassociatedwiththediversitmstructureforapressureirrigatiourystcm
utilized by Crossroads Subdivision.
IN WITNESS WHEREOF, the Greruot, pursuant to a Resolanan of its Boazd of Direc[ors has
caused its corporate be he[tuato subscribed by its Pttsident and its cotponte seal w be affixed by
ifs SectcrarS' this day of May, 1998.
GEMTONE, INC.
Thomas T. Wright, 1'residc
Secretary
CORPORATION WARRANTY DEED - 2
t n:,nz [ 995~GCmTaaekoip•warde~]
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01/15/03 13:Yi FAE •
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STATE OF IDAI3O )
ss.
County of Ada ~ p~~ }
On rhis _1,_ day of May, 1998, before me, a No>ary Pablk in and for said Srate, personally
appeared THOMAS T. WR[GHT and v z„ 5 . awn m me m be t>~ Presidem and
Secnstary of ffie ern'potavoa dut exewrad tbia ~*m,,,,,,.,,. or ehe peovoas who ezocutad the instrtuneta an
behalf of said corporation, aad'acknoauledged TA me float such cotporadon euectited the same. '
1N WffNES5 WH>:'REOF, I have here0ata set my bend ~ arced ~, official seal the day and
year is this certi5caffi first above written.
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CORPORATION WARRANTY DEED - 3
[D:\OS i 996~Gcmmoebory-aardaed]
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EXEII33iS "A"
PARC '
A pascal o! land located is the &aztlaweat Quarter of the
NartbsvesrG Quarter of SeeLioa 8, Tewmship 9 3iorth, Range 1 $aat,
eoier bSaridiaa, Ads Gouaty, Idaho, mare particularly described
ar Eo3.lorro ;
C~5TCn4G :t the itmt Quattar corner of said 9actioa 9, i`:am
which the DSosthmees eosaer o2 said Seetiea 9 bears laorth 01
degrees 08'a1. 8aet, 2649.45 feet; thaace along the bleat
bauedaxy liLe o! said eectiaa 9
North Ol d,agseeer 08.42" Sast, 614..24 feat (lormarly daseribad
a® ffiorth 01 dcgs~ega 06'10^ Snot, 615.32 £eet}; eksaaee
laatring said Dist boundary line
South 88 degrees 51'50• Beet, 70.00 feet Co a point oa the
extnsior bouadasY lice of Croasrosda Subdivision Mo. 1
ae Filed iA Book G5 a! ELata it Pages 56it sad 6645,
raeorda at Ada County, Idaho, a:id point also being the
REAT, AOIIPT O8 60NitDIIQIPGC thastca along eaid 4Xterior
South 80 ORRdiYy the ;following nizu cauraeea
degrees 51'50" East. 10,56 feet (loraiarly described a4
10,00 lest) to.tha.begiassing o£ a curve to ti+e 1ett,
thaace along said czsrve 31,42 lest, eaid c+L*ve having a
radius o! 30.00 feet, a aeatral anglc of 9o degraea
00.00", sad a long chord a£ 29,29 feet which bsara
North 46 degreaa 08'10" Salt, to the p01st of taageaty; thence
North 03. d'sg-mei 08'10• Batt, 110,D0 fees Co the hegianing of
curve to the right; theaca along eaid curve 31.42 fast,
acid n:LVe having a =adiue of ]0.00 Feet, s central angle
of 90 degrees 00'_00", sad a leag chord o£ 26,ae feet
which bears
Nereh 46 degrees OB'10" 3)aet, to the point of tangency; th~ace
South b8 degrees 61'50• Ease, L0.00 Feet to the begiaaiag of e
curve to the le°t; Cheace al~g said curve 31.42 feet,
eaid euve hsviag a radian of x0.00 feet, a central
angls of 90 degrees 00.00•, sad a long chord oP ZB.28
feat which beats
Korth. 66 degrees 0910. 8aat, to the point of tangearyr t3eACe:
North O1 degrees 08'10" 8aat, 10,00 Peet; Chants
South 86 degrees 51'50" Eaat, 395.96 feet tc the hegianiaq of s
curve to the right; thence along said cuzvc 7aB.58 font,
said curve having a radius of 245.57 Feet, a central
aagls o! 49 degrees 40'00^, sad d long chard e£ 202,37
feet which bear
9wth 64 dagreee 31.49° East, chants leaving eaid cu.-ve sad
ceatian.iag slang eaid exterior boundary line sad the
Southerly axtQaslon thereof
South 02 degroea Og'13• Nest, 704.72 feat ea a point oa for
Snot-Weer eenCerline o: said Scctioa 9; thence along
said ID3at-West centerline
aerth B9 degrees 20'a7• bleat, fifi0.43 tact (formerly dra~ribed
se North 89 dagsaea 71'14" Ws39t) to a paint oa the Seat
^ight-pf•way line of North Eagle Raad iState Flighway 55)~
theACe along said right-of-way line
earth OI degrees 08'4x" Eaet, 613.fi5 Lcet Co Lhe REAL ppip^r OF
asar~rrr~,
Fame 1 of Z
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:mot-.~-:c~ :;.:.:c; ..
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Eshihie "A" Cnatlaued
=Rit 'iC~
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A parcel at land loeate$ is th• NCrth98Ct Oaastsr o! t17s
8esthweet Cusrtaw a! Sectiot 9, =owmhip 3 Naxtb, Baaggee 1 Bast,
8o3ae 3meridiaa, Ada County, Idaho, more p~s'ticularly aescT~ad
a® lollo.ra:'
DODd~CSAG at the cernex eel to 8ectioioa 4, S, a and the
said BeCt3an 91 t]saaes
South 69 degsees 22'10. 8aet, =659.63 feet to ChB Quarts:
cezsser eoio®oa to said 3eetioos i sad. 9; thence
south 00 degrees 48'3d• Nest, i9.7s feet eo a pout oa Che
Southerly rigght-al-way of Falsvler llvamaa, said noiat
being iha 7'e"~. POZgl,' Op g~p~ F.h~nce ooatinuing
aleap the North-South mld-sectiaa line
South o0 degrees 48'ti• Ifmt, 831.11 feet to a paint; thamoe
North 8s degseea 35'31' Neat, 596.18 lewt to a 67eiae= thence
Razzh 00 degeees 15'00• Bast. 833.33 feet to a point sin tha
eoutharly right-ol-way of sairview Avemu; th+aaee
9auth s~ a~ ea a atglt-ol-way
88e3reea 85'84" Sant, 6ai.98 feet to the RE7LL l'03~1T Og
Page 2 ai 2
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Indemnify, defend and hold Buyer harmless from and against any and
all loss, liability, cyst, damage or expense incurred by Buyer arising
from the failure by Seller to pay any commission claimed by any broker
relating to this transaction. Buyer agrees to indemnify, defend and hold
Seller harmless from and against any and ail loss, liability, cost,
damage or expense incurred by Seller aNsing from the failure by Buyer
to pay any commission claimed by any broker relating to this
transaction.
IN WITNESS WHEREOF, the parties have caused this instrument to be duly
executed as of the dates set forth below.
PURCHASE AND SALE AGREEMENT 3 Page 10
SELLER
HERMES ASSOCIATES, LTD.,
a Utah Llmlted Partnership
By DDR Family Centers, LP,
its General Partner
By DDR bown REIT, LLC,
its General Partner
By Developers Diversified Realty
Corporation,
Its Managing Member
By: H.ar..
~PiRtl~t~k .lames A. Schoff
io*~fiee~PreSt Senior Investment Officer
ate: November 5, 2002
BUYER
ROCKY MOUNTAIN MANAGEMENT ~ .
DEVELOPMENT, LLC
By:
(print name)
Managing Member
LO'd a.uawa6eue~n~ u~ea.unoW ~>I~oil diE=b0 60-bi-~eW
~ i
STATE OF OHiO }
)• ss
Gounty of)~
1 James A. Schoff
On this ~ day of Yie4 , 2002, before me he undersigned, a
Notary Public in and for said State, personalty appeared 668D, to
me known, who being 6y me duly sworn, did depose and say that Lhe resides in
Beachwood, Ohio; that ahe "ss the'$swief.-i!iee~idswt of Developers Diversified
Realty Corporation, which is the Managing Member of DDR Down REIT, LLC,
which is the Genera! Partner of DDR Family Cerrters, LP, which is the General
Partner of Hermes Associates, Ltd., a Utah Limited Partnership, the partnership
that executed the foregoing instrument; and acknowledged to me that she
executed the same on behalf of the Managing Member, and the General Partners
of said Limited Partnership. *senior Investment Officer
IN WITNES5 WHEREOF, I have hereunto set my hand and affixed my
official seal the tlay and year in this certifica#e~irst above anrNtten.
,, ,, r-~i+...a
St~'n ~^:~~.-_., ~ •~.~ ~ _ ;._~..y N~Stary Publh
AtyC:~.--:~-a>::~:~*s_~ :~'.~_..~..::.=~~ Residingat_
Commission
STATE OF [DAHO )
): ss
County of Ada )
On this day of , 2002, before me, the undersigned, a
Notary Public in and for said State, personally appeared
to me known, who being by me duly sworn, did depose and say that he resides in
Idaha; that he is the Managing Member of Rocky Mountain
Management 8 Development, LLC, the Lirnlted Liability Company that executed
the foregoing Instrument; and acknowledged to me that he executed the same on
behalf of said Limited Liability Company.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public for State of Idaho
Residing at
Commission expires:
PURCHASE AND SALE AGREEMENT s Page 11
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--
Washins~tonTrust Bank
Gary L. Miller
Vice President
February 7, 2003
City of Meridian
Meridian, Idaho
To Whom It May Concern:
Washington Trust Bank purchasing land from Rocky Mountain Management, LLC in part of Lot
1, Presidential Subdivision, Meridian, Idaho. Attached is a copy of the executed purchase and
sale agreement between the Bank and Rocky Mountain. For reasons of privacy, financial terms
have been stricken.
Washington Trust Bank agrees to pay any additional sewer, water, or trash fees which might be
assessed as we develop and own this property:
Sinc ely,
Gary L. filler,
Vice President and Manager
Administrative Services
Attachment
I I Washington Trust Financial Center P.O. Box 2127, Spokane, Washington 99210-2127 (509) 3533808
' Seller harmless from and against all liability, claims demands damages or costs of any kind
whatsoever (including attorney's fees) arising from or related to such tests, surveys and studies.
If any of the foregoing conditions remain unsatisfied and unwaived by Buyer on the Satisfaction Date
this agreement shall terminate, provided Buyer has given written notice of such unsatisfied and
unwaived conditions to Seller by the Satisfaction Date. Failure of Buyer to give written notice to Seller
' of unsatisfied conditions by the Satisfaction Date shall be deemed to be waiver by Buyer of all such
conditions.
7. SELLER CONDITIONS: Seller shall have no obligation to sell unless each of the following conditions
' are satisfied or waived by Seller in writing:
(i) On or before January 15, 2002, or 15 days after receipt, Buyer has approved Conditions,
Covenants and Restrictions to be recorded on the Premises and adjacent property.
(ii) Seller shall have entered into all necessary or desirable easement agreements with
neighboring landowners (including affiliates of Seller) on terms and conditions mutually
' acceptable to Buyer and Seller.
(iii) Seller has obtained an approved Lot Line Adjustment or other action to create a separate
legal parcel for the Premises.
(iv) Seller has entered into a contract with the current owner of the Premises to purchase the
Premises and additional land. Seller's obligation to sell the Premises is conditioned upon
' Seller obtaining title to the Premises from the current owner. In the event that Seller does not
acquire title to the Premises by the Closing Date, Seller may extend the Closing Date until
May 29, 2003. If after May 29, 2003, Seller still has not acquired title to the Premises, this
contract shall be of no further force and effect snd Earnest Money shall be refunded to
Buyer.
8. TITLE COMPANY/CLOSING AGENCY. The parties agree that Alliance Title & Escrow
_(the "Title Company") shall provide any required title policy and preliminary report or commitment.
The closing agency for this transaction (the "Closing Agency") shall be: Alliance Title & Escrow
at its offices at 250 Fifth Street. Boise. Idaho.
' Each party agrees to pay one-half of the Closing Agency's fee.
9. TITLE INSURANCE. Seller shall provide and pay for an ALTA Owner's or Purchaser's Standard
Coverage Title Policy insuring the Buyer for -the amount of the purchase price., Any additional
premiums for extended coverage desired by Buyer shall be paid by Buyer. Seller shall cause the Title
Company to provide Buyer with a preliminary title report or commitment together with copies of all
' underlying documents giving rise to any exceptions listed therein on or before December 15. 2002.
Buyer shall have until January 15. 2002, to object, by written notice to Seller, to the condition of title as
set forth in the report.. In the event the Buyer makes written objection to any exception to title, Seller
shall have a reasonable time, not to exceed 7 days, to remove any such objected to exception
' or provide affirmative title insurance coverage, and in the event the Seller cannot remove, or is
unwilling to remove, such objected to exceptions or provide affirmative title insurance coverage, the
Buyer may elect, as its sole remedy, to (a) either terminate this agreement or (b) proceed to closing,
' taking title subject to such exceptions. If the Buyer does not object within the time frame set out
above, the Buyer shall be deemed to have accepted the condition of the title. In the- event Buyer
elects to terminate this agreement as provided 'herein, the Buyer shall be entitled to the return of all
refundable deposits made by Buyer. The final title insurance policy shall be delivered to the Buyer by
:' the Title Company as soon as possible after closing.
10. CLOSING DATE. "Closing" shall be deemed to be the date on which the deed. is recorded and the
' sales proceeds are available for disbursement to Seller and as otherwise directed by the parties.
PURCHASE AND SALE AGREEMENT- Page 2
- 3 - . - 3 -
' Buyer and Seller shall deposit with the Closing Agency all funds and instruments necessary to
complete the sale. Closing shall be February 28, 2D03, unless otherwise extended pursuant to this
Agreement or as agreed by Buyer and Seller.
' 11. POSSESSION/PROBATION. Buyer shall be entitled to possession on the day of Closing. Taxes and
water assessments (using the last available assessment as a basis), rents, insurance premiums,
' interest and reserves on obligations assumed and utilities shall be prorated as of Closing.
12. ACCEPTANCE. This offer is made subject to the acceptance of Buyer on or before 12:00 o'clock
midnight of December 13 2002.
' 13. DEFAULT. If Seller executes this agreement and title to the Premises is marketable and insurable in
the condition approved under Section 8 hereof.and all Buyer's contingencies have been removed or
' waived, and Buyer neglects or refuses to comply with the terms of or any condition of sale by the date
on which such term or condition is to be complied with, then the Earnest Money shall be forfeited to
Seller and Buyer's interest in the Premises shall be immediately terminated. Seller may elect to
accept such forfeiture of the earnest money as liquidated damages or to pursue such other remedies
' as may be available to Seller at law or in equity. In the event of a default by Seller, Buyer's sole
remedy shall be to either demand a return ofi the eamest money or to seek specific performance. If
suit is broughf by either party to enforce this agreement, the non-prevailing party shall pay the
' reasonable attorney fees and costs of the prevailing party, whether incurred before trial, at trial or on
appeal. In the event of a dispute between the parties as to the Earnest Money deposited hereunder
by Buyer, the Closing Agency holding the Earnest Money deposit may file an interpleader action in a
court of competent jurisdiction to resolve any dispute between the parties. The Buyer and Seller
' authorize the Closing Agency holding the Earnest Money deposit to utilize as much of the Earnest
Money deposit as may be necessary to advance the costs and fees required for filing of any such
action. The cost of such action shall be paid by the Party which is not the prevailing party.
' 14. TITLE CONVEYANCE. Title to the Premises is to be conveyed by warranty deed and is to be
marketable and insurable except for rights reserved in federal patents, building or use 'restriction,
building and zoning regulations and ordinances of any governmental unit, rights of way and
' easements established or of record, and any other liens, encumbrances or defects approved or
deemed approved by Buyer.
' 15. RISK OF LOSS. Seller shall keep the Premises insured against loss by fire and other casualty which
Seller is insuring against on the date of this Agreement. Should the Premises be materially damaged
by fire or other cause prior to closing and such damage is ten percent {10%} of the Purchase Price or
less, then Seller shall pay or assign the proceeds of the insurance to. Buyer (and pay to Buyer the
' amount of any deductible in cash} at Closing and Seller and Buyer shall proceed with Closing without
adjustment to the Purchase Price. If such damage exceeds ten percent (10%) of the Purchase Price,
then this agreement shall be voidable at the option of the Buyer by written notice to Seller within ten
(10) days of the date Buyer receives notice of such damage, however, Buyer may elect to proceed
with Closing without adjustment to the Purchase Price {either by written notice of such election or by
failure to timely send written notice of the voiding of-this agreement as provided above) and Seller
shall pay or assign the proceeds of the insurance to Buyer (and pay to Buyer the amount of any
' deductible in cash) at Closing.
16. CONDEMNATION. Should any entity having the power of condemnation decide prior to Closing to
' acquire any portion of, or interest in, the Premises with a value of ten percent (10%) or less of the
Purchase Price; Seller shall pay or assign the proceeds of the taking to Buyer at Closing and Seller
and -Buyer shall- proceed with Closing without adjustment to the Purchase Price. If such taking
exceeds ten percent (10%} of the Purchase Price, Buyer at Buyer's sole option may either (a) elect to
' terminate Buyer's, obligation to purchase the Premises by giving written notice to Seller at any time
prior to Closing and Seller shall promptly retum the Eamest Money depdsit or (b) elect to complete the
purchase of Premises and require Seiler to immediately appoint Buyer as its attorney-in-fact to
' negotiate with said condemning entity, and, in such event, Buyer sh211 receive all sums awarded in
- PURCHASE AND SALE AGREEMENT - Page 3
' such condemnation proceeding of the Premises, excluding any amounts attributable to adverse
impacts on other property owned by Seller. Seller hereby agrees to immediately give notice to Buyer
of any condemnation or contemplated condemnation of the Premises and Buyer hereby agrees to,
within ten days of such notice, give written notice to Seller of Buyer's election with respect thereto.
17. CONDITION OF PREMISES AT CLOSING. Buyer agrees to purchase the Premises in as is (existing)
condition, where is, with all faults latent and patent and Buyer hereby releases Seller from all claims
relating thereto. Buyer will assume all obligations to tenants with respect to the Premises. Seller shall
maintain the premises until the closing in its present condition, ordinary wear and tear excepted,
subject to the provisions of Sections 14 and 15 on casualty and condemnation.
' 1 B. INSPECTION. The Buyer hereby acknowledges further that Buyer is not relying upon any statement
or representations by the Seller which are not herein expressed. The Buyer has entered into this
agreement relying upon information and knowledge obtained or to be obtained from Buyer's own
investigation or personal inspection of the premises. Seller does not guarantee the accuracy of any
information supplied to Buyer from Seller, its agents or consultants.
' 19. COMMISSION. Buyer and Seller each represent and warrant that there are no brokers involved in the
transaction.
' 20. ENTIRE AGREEMENT. This agreement, including any addenda or exhibits, constitutes the entire
agreement between the parties and no warranties, including any warranty of habitability, agreements
or representations have been made or shall be binding upon either party unless herein set forth.
Upon closing; the existing lease between Seller and Buyer, as the same has previously been
' amended, shall be deemed amended so that its term expires as of the Closing Date. The parties
intend that all easements and agreements to create easements provided for in said lease shall
terminate as of the Closing Date (notwithstanding any provisions in said lease to the contrary) except
' to the extent that any easements have been memorialized in recorded instruments filed prior to the
date of the title commitment described in Section 9 above.
21. TIME IS OF THE ESSENCE IN THIS AGREEMENT.
1
~~ Address: -7 ~>• S:~K;ycfc ~ n~ de~~ ~S
Buyer: /~C ~ V.~~ /~~7 ~ P-
' Buyer: Telephone: ~ ~~~~ 35 3--~ ~~ _
Facsimile: l (''~~3Sv -$'/3
' ~j,~j Seller: •--. /--: c-=~• Address: Z7~~ /-I-;~~~_ ¢ `"`%
„Y_' sue.: ~ ~ +O ~ 3 >o>'
Seller: Telephone: ~ ~ s - 7 v s -- 7n.7 0 ~c1 •'~
' Facsimile: LW s -3c'r - i r3?
1
1
PURCHASE AND SALE AGREEMENT - - Page 4
1
•
Property owners within 300'-0" of the land beinu considered:
1. Blue Cross of Idaho Health Service
' 3000 E. Pine Avenue
Meridian, ID 83642-5995
' 2. TFCM Associates LLC
PO Box 228042
Beachwood, OH 44122-0000
' 1270 E. Fairview Avenue
3. Hermes Associates LTD
' 3300 Enterprise Parkway
Beachwood, OH 44122-0000
E. Presidential Drive
' 3251 E. Presidential Drive
3254 E. Pine Avenue
' 3272 E. Pine Avenue
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Wolfe •
Architectural
group • p.s.
to: Meridian Planning and Zoning
attn: Dave McKinnon, Planner II
i
Letter of Transmittal
date: 03.11.03
project no: 02.147
project: Washington Trust Bank
Banking Branch Facility
we are enclosing:
correspondence
originals
change order
x computer media
submittals
prints
2 03.11.03 Conditional Use Permit Application Package
30 03.11.03 Site Plan and Conceptual Drainage Plan (11 x 17)
1 03.11.03 Check for Conditional Use Permit Fee
these are transmitted:
as requested x for your use x for signature
for your info/ files for approval for review &
comment
remarks:
There should be two packages received for this Conditional Use Permit Package.
architecture • interior design • planning
204 n. division street, suite 'e' spokane, Washington 99202
phone: 509.455.6999 fax: 509.455.3933 a-mail: wagazch@wagazch.com
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