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HomeMy WebLinkAboutTitle Committment for Silverstone Well Lot 23 RECEIVED OCT 28 2003 A Pioneer CODlpDDY PIONEER TITLE COMPANY OF ADA COUNTY 8151 W. Rifleman Ave. / Boise, Idaho 83704 / (208) 377-2700 CIty of Meridian City Clerk Office TO: City of Meridian 33 East Idaho Ave. Meridian, ID 83642 Attn: Brad Watson DATE: October 28,2003 ORDER NO.: 238011 RE: City of Meridian The Sundance Company Enclosed: Title Commitment Thank you for giving UB the opportunity to serve you. We appreciate your bUBiness and will strive to merit the confidence you have shown in us. If you have any questions, please contact the following: TITLE OFFICER Harold E Huston (208) 373-3679 Fax (208) 373-3792 haro I dh@pioneertitleco.com ESCROW OFFICER Janet Blosch 703 S. Americana, Suite 190 (208) 373-3750 Fax (208) 384-9936 janetb@pioneertitleco.com ..**~ * hh * ~ 'f\, :If **..** OlO REPUBLIC NATIONAL TITLE INSURANCE COMPANY, a Minnesota corporation, herain called the Company. fora valuable consideration. hereby commits to issue its policy or pol icies 01 title insurance, as identified in ScheduleA,infavoroltheproposadlnsuradnamedinScheduleA,asowner or mortgagee of the estate or interesIcovered hereby in the land described or ralerrad to in Schedule A, uponpaymentolthepramiumsand charges there lor: all subject to the provisions of Schedule A and B and to the Conditions and Stipulations hereof, This Commitment shall be effective only when the identity 01 the proposa d Insurad and the amount of the policy or policies committed lor have been insa~ed in Schedule A hereof by the Company, either at the time of the issuance of this Commitment or by subsaquent endorsament. This Commitment is praliminaryto the issuance 01 such policy or poli cies of title Insurance and all liability and obligations heraundershall cease and terminate six months after the eff ectlve date heraoforwhen the policy or policies committed for shall i ssue, whichever first occurs. provided that the lailureto ISsue such policy orpolicie s is not the fault of the Company. CONOITIONS ANO STIPULATIONS 1, The term "mortgage", when used hereln,shall include deed of trust trust d eed,or othersacunty instrument. 2, If the proposed Insurad has or acquires actual knowledge 01 anydefact ,lien, encumbrance, adverse claim orO1hermaneralfectingtheestateorinterastormo~gagetheraoncoveradbythisCommitmentO1herthanthose shown In Schedule B heraol,and sh all fail to disclosesuchknowledgetotheCompanyinwriting,theCompanyshall be ralieved lrom liability lor any loss or damage rasulting from any a ctofreliancehereon to the extant the Company is prajudiced by lailure oftheproposad Insure dtosodisclosasuchknowledge,lftheproposadlnsuredshalidisciososuch knowledge to the Company. orilthe Company otherwise acquires actu al knowledge of any such defect lien, encumbrance, adverse claim or other matter, the Company at its option may amend Schedule B of this Commitmentacco rdingly.butsuchamendmentshallnO1ralievetlieCompanyfromliabilitypreviously incurrad pursuant to paragraph 3 of these Conditions and Stipulations, 3, uabilityofthe Company under this Commitment shall be only to thena medproposadlnsuradandsuch parties included underthedelinition 01 Insured in the lorm of policy or policies committed lor and only for actual loss incurred in reliance h ereon in undertaking in good faith (alto comply with the raquiraments hereoforlb toelimina teexceptionsshowninScheduleB,or(c/toacquireorcreatetheestateorinterest or mortgage thereon covered by this Commitment. In no event shall such liability exceed the amount stated in Schedule A for the policy or policies committed for and such liability is subjecIto the insuring provisions and th eConditionsandStipulationsandtheExciusionslromCoverageolthe form of policy or policies committed lor in lavorof the proposad Insured which are hereby Incorpora ted byraference and made a part of this Commitment except as expressly mo dilled herein, 4, AnyacrionoracrionsorrightsofactionIhattheproposadlnsuredmayhaveormaybringagainstthe Company arising out of the status of the title toth8estat80rint8resl orrheslatus of the mortgageth8reon covered by this Commitmant must b e basad on and are subject to the provisions 01 this Commitment. IN WITNESS WHEREOF. Old Republic National Title Insurance Company has caused its corporate name and seal to be hereunto affixed by its duly authorized olficers on the dat eshown in Schedule A. to be valid when countersigned by a validating officer or other authorized signatory, OlO REPUBLIC NATIONAL TITLE INSURANCE COMPANY A Stock Company 400 Second Avenue South, Minneapolis, Minnesota 5540t ORT FD,m 252& ",m"" ~".."",."."""""."""",',-,'.".."'.,'.".,".',",..,"'.,.,"'.",.,'" By , Most D ~ {J ~ PreSIdent A~A~ Secretary Schedule A COMMITMENT ~~~..~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Order No, 238011 I. Effective Date: October 21, 2003 at 7:30:00 AM 2. Policy or Policies to be issued: Policy Amount Amount (a) j¡J Owner's Policy Proposed Insured: City of Meridian $70,000.00 $500,00 Endorsements: (b) 0 Loan Policy Proposed Insured: NONE -0- -0- Endorsements: 3. The estate or interest in the land described or referred to in this Commitment and Covered herein is: Fee Simple 4. Title to the Fee Simple estate or interest in said land is at the effective date hereof vested in: Sundance Investments Limited Partnership, an Idaho limited partnership 5. The land referred to in this Commitment is described as follows: Lot 2, Block 2 of Silverstone Subdivision, according to the plat thereof, filed in Book 83 of Plats at Pages 9242 thru 9246, records of Ada County, Idaho. 3539 ALTA Commitment Form Schedule A page 1 of I page(s) Schedule B - Section II COMMITMI':N'I ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ EXCEPTIONS Order Number: 238011 Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company. I. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the',public records, or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment. 2. General Exceptions: (a) Rights or claims of parties in possession not shown by the public r~ords. (b) Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed by an accurate surveyor inspection of the premises including, but not limited to, insufficient or impaired access or matters contradictory to any survey plat shown by the public records. (c) Easements, or claims of easements, not shown by the public records. (d) Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the public records. ' (e) (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims to title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records. (f) Taxes or special assessments which are not shown as existing liens by the'records of any taxing authority that levies taxes or assessments on real property or by the public records, Proceedings by a public agency which may result in taxes or assessments, or notices to such proceedings, whether or not shown by the records of such agency or by the public records. .PARAGRAPHS A, B, C, D, E AND F WILL NOT APPEAR AS PRINTED EXCEPTIONS ON EXTENDED COVERAGE POLICIES, EXCEPT AS TO SUCH PARTS THEREOF, wmCH MAY BE TYPED AS A SPECIAL EXCEPTION IN SCHEDULE B- SECTION TI. ORTFORM3541 ALTA Comml1ment Form - 1982 Schedule B-II page 1 of 1 page(s) Schedule C COMMITMENT ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SPECIAL EXCEPTIONS Order Number: 238011 I. General taxes for the year 2003, which are liens, are not yet due and payable. 2. Sewerage charges and special assessment powers of the City of Meridian, No special assessments now show of record. 3, Liens and assessments of the following district and the rights and powers thereof as provided by law. No delinquencies appear in the county recorder's office. District: Nampa Meridian Irrigation District (466-7861) 4. An easement containing certain terms, conditions and provisic;ms affecting a portion of said premises and for the purposes stated herein ' For: Drainage easement In Favor of: Nampa Meridian Irrigation District Recorded: January 15, 1959 Instrument No.: 445351,37 Misc., Pg. 381 5. Terms and provisions set forth in development agreement between the parties herein named. Between: City of Meridian, a municipal corporation and Sundance Investments Limited Partnership Dated: July 17, 2001 Recorded: July 26,2001 and October 25,2001 Instrument No.: 101074955 and 101111017 NOTE: Affidavit of Correctness ITomMeridian City Attorney on development agreement recorded October 20, 2001 under Instrument No. 101 II 1016. NOTE: First Addendum recorded July 12,2002 under Instrument No. 102078394. 6, Terms and provisions of City of Meridian Ordinance No. 920 recorded July 26, 2001 under Instrument No. 101074954. 7. An easement containing certain terms, conditions and provisions affecting a portion of said premises and for the purposes stated herein For: Irrigation easement In Favor of: Silverstone Corporate Center Association Recorded: April 25, 2002 Instrument No.: 102047751 ORTFORM3541 ALTA Commitment Form .1982 Schedule C page I of2 page(s) Schedule C COMMITMENT ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SPECIAL EXCEPTIONS Order Number: 238011 8. Terms and provisions set forth in sewer line late comers agreement between the parties herein named. Between: G.L. Voigt Development Co., an Idaho Corporation and the City of Meridian Dated: August 6,2002 Recorded: August 8, 2002 Instrument No.: 102089624 9. Covenants, Conditions, Restrictions and Easements Dated: April 22, 2003 Executed by: Sundance Investments Limited Partnership, an Idaho limited partnership Recorded: April 23, 2003 Instrument No,: 103067489 End Of Exceptions NOTE: General taxes for the year 2002, which were liens, are paid. Parcel No.: 03-8Sl121223278 Amount: $4,580,20 Said taxes affect said premises and other lands. NOTE: There is no notice of record and therefore no search has been made for any unpaid assessments, charges or fees for sewer, water, garbage, irrigation or other possible utility services. NOTE: If the proposed insured under the Policy to issue has any questions concerning the coverage or exclusions from coverage, the Company will be pleased to provide an explanation. NOTE: Pursuant to the State ofIdaho Insurance Regulations, a cancellation fee is to be charged on all canceled orders. Unless otherwise advised, orders will be considered canceled six months after the effective date on the Commitment. The amount of the fee assessed shall be in accordance with our rate filing with the Idaho Department of Insurance. ORT FORM 3541 ALTACommitmentForm-1982 Schedule C page 2 of2 page(s) Ii IH" !~nl¡¡¡11 I./rli r It. lil~ !I) 1'1,1 'I'l.l " !. ; , , . ":1' UN "II. I!,!! ;:;: » ^ m > ;0 G) m "tJ ;0 Z -I <fl ~ CI) IT! 0 ;j 0 :ë: I\) ~.... ëj :ë: ::n .... IT! (D ....1"' -...J 0 ..¡.. a 0 .'".,........ :;a -..¡ lH to 0 0 ::::!!::!!: Ii:: I I .I;tl;:f~~~~: : ~+I¡ I:I!: I¡~I!!: ;: i :i :::) .~i~~¡~I!:! !~: ~:.; N - -- ----0----' - ----- -;7 /, ,/ /, ,/ /, ,;/ /, ,/ /, ,:/ "~'?> /" .t \\'); (J) SILVERSTONE SUBDIVISION A PARCEL OF LAND LOCATE:D IN THE W 1/2 OF THE NW 1/4 OF SECTION 2 , TOWNSHIP 3 NORTH, RANGE EAST, BOISE M£RIDIAN, . N P L AT T r. CITY OF MERDIAN, ADA COUNTY. IDAHO 2002 ~w~......... """"u"""" --, " " . . @ I r Ii I r I ø @ iill Ii~ ~ "'.. --~-~ø-?;=~~ 1 '1 ~;. OF BEGINNING' L D e~ . " .........- - - - "TJ1....- - - .V;-~;;;;;;, - """", -.""""" ~~ -.- UNPLATTU LEGEND 'DUHD SRASS CAP 'DUHD s/e' REBAR AHD FlAsne CAP Sf:T s;e' R"'AR AND p'-'sne CAP Sf:T ,"'. R"'AR AND p'-'snD CAP CD COT N<Ro>8ER ""'D'WS'ON 'CUHDART <OT ONE: Sf:enDN UNE: 20' SAn",,"Y ""'" '-""""T ,.. WATER 0... EASEMEHT ,.. CAN"C,", EASE!ÆNT U"E 'RR'",nON EASE!ÆNT ~~H.O. PEDE"'AN >AU< EASEMENT ---- ----- ----- ------- -- -- - _m___- NOTES ,. ""S SU"'","ON os SUB"'CT "' oOLL R£,",REMEN" OF "'" APPRO"" CON"'nONAL USf: ",V" ,"P-OO-D02 0Am> ..,CY ". 'DOO. 2. ANY R£-SUB",WgON OF !HOS FlAT "'Au. C"""" æ1H !HE APPUCAD'" ZON'NG R£CULOnON 'H £m:eT AT !H£ nv£ OF R£-SUBO¡wgON. " !HOS SUsm.gON OS SUB.£CT "' ""'PUANG£ æ!H 1H£ mAHD """ Sf:enON 31-""" CONC£RN>NG ~"GAnON WATER. A AU "G"'-OF-WAT OHES AR£ H"""T O£g"'A1FD AS HAWHG A "" ('O) 'COT æD£ PVBLJe unUD£S. DRATHAG€. ANG ,""",nON €A"",,,' 1H£ EAS£MENT SHIoLL HOT PR£cum£ !HE CONST""""ON OF HARD SURFACED OR',,",WA"; '""" 1H£ PUDue ""'T-OF-WAY "' €ACH lOt (£ASEMENT HOT ORA"",,CIoLLT '"0'" ON !HOS PlAt) . !H£ lOT UNE: "",",OH "' LO" , AND 2 StOCK '. ANO lO" , AND " StOCK ,. OS H"""T D£gDNAm> AS HAWHG A "" (10) FOOT""" PUBUC unUDES EASEWENT AWNG 1H£ EASTERLT "'" OF SAW CO""ON LDT UNES AS SHO," ON SHŒr 2 ,. DUlUJlHG SE1BACKS ANa D'VEN9ONAL STAHOARD, >N !HOS SUsm."ON "'oOLL B£ 'H CONPOAH" æ1H '"" APPUCAB'" ZON'HG ,,'"'-",""S OF 1H£ on: OF V""DMH. T. 2D' OTY OF V""""" S""'ART S£I«R €ASEMENT" FOR !H£ PURPOSE OF DP"'ARON ANa OATH"""'O£ OF '"" UHDEHGRDUND SAN""'T Sf:- ",>N. . D!HER !H'" ACC£SS paNTS APPRO"" FOR !H" FlAt D'R£CT LOT OR PAR"'- ACCESS ro €AGLE ROAG AND O""",,,HO ROAD >S """"'B'1FD. ,. !H< 0"",,, OF €A,," 'OT. ACROSS ""'CH PAS"" '" "'",,'eNIORA>N"'" m= OR "'" >S R£SPON""-< FCR TN£ VATH""ANG£ 1HÐ1£OF. 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"¡. ~~~~ [- " .~~~~~ r . ~ ~ ì ~ i~.':5 ¡¡ ~~~~ ~ ~ 8 ¡:, nl§ 1. § ~;~¡; ~~ ~! !' ~ ~,[~!~ i C~¡¡;~ii ¡': 7 !k. ,r ~ õ~ ~~" ! ~ ~ -"", ~ ~ ~~~~~~ ~ ~ [~ Hr~ ff ~ ~'h~~ ~ 11- : Ii. ~ ~ ~ .õ~~~. ~. ~ - "§I: " ~ ;;~¡;~;¡. ¡ ~ ~ [ !~t I ¡¡ ¡; ~f~~ ~ !. ~~; . ê :hh; ~ i:: ~; l~~ f i ~'"¡j~.. i ..~ - ~ ~¡¡>'õ ,,~ '>. .IV ¡' æ ~ffl'~ . ~ ~ ~,!, ~ 'i " ~ I (/) r < rrl ;0 (f) --I 0 Z rrl (/) C OJ 0 < (/) 0 z f ~ f' ..t:. '" Meridian City Council Meeting August 12. 2003 Page 4 of 72 F. Change Order No.1, Waste Water Treatment Plant Facility Plan Update: G. Change Order No.1, Dissolved Air Flotation Thickener Project: Corrie: Consent Agenda. Here we go. Bird: Mr. Mayor? Corrie: Mr. Bird. Bird: I move that we approve the Consent Agenda, with the exception of taking Items C, 0, and moving them to the regular agenda at 5C and 50, and for the Mayor to sign and the Clerk to attest on proper papers. McCandless: Second. Corrie: Okay. Motion has been made and seconded to adopt the agenda as amended. Any further discussion? Okay, the Consent Agenda Mr. Clerk. Roll call: McCandless, aye; Nary, aye; de Weerd, aye; Bird, aye. Corrie: All ayes. Consent Agenda is approved. MOTION CARRIED: ALL AYES Item 4. Department Reports: A. Public Works Department: 1. Tabled from August 5, 2003: Discussion of Silverstone Corporate Center Well Site, Well No. 23 - Brad Watson: Corrie: Department reports. Public Works Department. Brad Watson. Watson: Thank you, Mr. Mayor, Council Members. It's not on your computer, but I put in your mailboxes yesterday morning a copy of a memo that I wrote to you and a copy of a letter that Sundance Investments wrote to me, dated August 8th. I called them after our meeting last Tuesday and related the instructions that you had given me and they responded with this letter on the 8th, which was in agreement with what I understood the instructions to be, I don't really have much more than that. I would be happy to answer any questions. On my memo I did insert a possible motion that you might make, other than that I have no further comments. Meridian City Council Meeting August 12. 2003 Page 5 of 72 Corrie: Okay. Questions from Council? All right. Thank you, Brad. Any comments there? If not, I will entertain a motion, if you so desire, for the agreement of the $70,000 per our request. Is that what it was, Brad? Bird: Mr. Mayor? Corrie: Mr. Bird. Bird: I would move that we approve the purchase of the land for the well, water well, for the amount of the $70,000 from Silverstone Development. Nary: Second. Corrie: Okay. Motion has been made and seconded to agree to the $70,000 price for Well Number 23 Lot. Any further discussion? Hearing none, all in favor say aye. All ayes. Motion carried. Mr. Attorney, would you make sure we have got that -- okay. Thank you. MOTION CARRIED: ALL AYES B. Planning and Zoning Department: 1. Request for Waiver I Reduction of Fees for Silverstone Business Campus PUD Application: Corrie: Next is the Planning and Zoning Department, request for a waiver of reduction of fees for Silverstone Business Campus PUD application, Anna. Powell: Mr. Mayor, Members of the Council, the applicant has requested a waiver of fees and the Zoning Ordinance does give the City Council the authority to do that. Their fees for the planned unit development would be approximately $40,000. I believe that the last time they came through they paid -- they have indicated that they paid -- they based the fee on their largest building, which was 60,000 square feet. They are asking to again do that, which would give fees of $3,932.85. Corrie: Thank you. Discussion? Questions? Bird: Mr. Mayor? Corrie: Mr. Bird. Bird: Anna, what is the department -- what do you guys -- do you have any problems with reducing the fees or-- Powell: Mr. Mayor, Council Member Bird, it seems hard to justify a fee of $40,000, but that's certainly the case. It seems a reasonable methodology. We don't have a real