HomeMy WebLinkAboutResolution No. 10-725: Acknowledging Payment for Five Twelve SubdivisionCITY OF MERIDIAN RESOLUTION NO.
BY THE CITY COUNCIL: BIRD, HOAGLUN, ROUNTREE, ZAREMBA
A RESOLUTION OF THE MAYOR AND CITY COUNCIL ACKNOWLEDGING
PAYMENT OF THE PROPORTIONATE SHARE OF THE REIMBURSEMENT
AGREEMENT FOR THE PROPERTY AS IDENTIFIED BY EXHIBIT "A" AND
ACKNOWLEDGING THAT THE APPLICANT FOR THIS PARCEL HAS SATISFIED
ALL THE CONDITIONS OF THE ACCOMPANYING DEVELOPMENT AGREEMENT
FOR THE FOREGOING PROPERTY AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Meridian entered into a Development Agreement (Instrument
#106151232) for the parcel known as Bearwood and said Development Agreement includes the
parcel now identified as Five Twelve Subdivision; and
WHEREAS, the City Council approved a Cooperative Construction and Reimbursement
Agreement fora 27 inch Sanitary Sewer Trunkline from Linder Road to Stoddard Road as
evidenced by Instrument #108124038; and
WHEREAS, the parcel, now known as Five Twelve Subdivision, is subject to the terms
and conditions of reimbursement and is directed by the Staff report to satisfy the condition by
payment of their proportionate share of the sanitary sewer trunkline; and
WHEREAS, the City Council approved the Final plat on March 23, 2010; and
WHEREAS, on May 5, 2010 the applicant has paid their proportionate share of the
trunkline in the amount of $19,331.00; and
NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY
COUNCIL OF THE CITY OF MERIDIAN, IDAHO:
Section 1. That the applicant has complied with the requirements of the staff report and
has satisfied all the outstanding conditions in the development agreement for the subject
property.
Section 2. That this Resolution shall be in full force and effect immediately upon its
adoption and approval.
ADOPTED by the City Council of the City of Meridian, Idaho, this day of
2010.
APPROVED by the Mayor of the City of Meridian, Idaho, this day of
2010.
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APPROVED:
ATTEST:
By:
Jaycee Holman, City Clerk
Mayor Tammy de Weerd
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