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HomeMy WebLinkAboutAgreement for Development with James A Banducci, Jr. and Judy G. BanducciAMBROSE~FITZGERALD&C 208-888-3969 09-12-94 09 33 P.OZ THIS AGREEMENT, made and entered .into this ~ 8 day of ~~~, 1994, by and between JAMES A. BANDUGGZ, JR. and JUDY G. BANDUCCT, husband and wife, hereinafter referred to as "Developer" and the CITY 0~' MERIDIAN, hereinafter referred to as "City". W T T N E S S E T H: WHEREAS, Developer submitted an application to rezone a certain parcel of property described as Lot 30, Block 11, Meridian Manor Subdivision No. 5, records of Ada County, from R-4 Residential to R-8 Residential; WHEREAS, City did not grant Developer's petition to rezone the property and the property is still zoned R-Q; WHEREAS, at the time Developer submitted hie application for rezone, the property wag not platted ~.n any fashion; WHEREAS, beveloper knew that is was not platted, but the City did not inform Developer in the application process that it waa going to be necessary to plat the property; WHEREAS, the then City Zoning Administrator wrote a letter to Developer stating as follows: "Tt appears that you can develop thxes single family lots on this parcel. You may proceed with a Record of Survey drawing to depict the adjusted lot lines fox three single family homes in accordance with the City's development requirements. This record of survey must be recorded with the Ada County Recorders office. After recording the survey, you may PAt3B 1 AMSR05E~FITZGERALD&C 208-88B-3969 09-12-94 09 34 P.03 proceed to apply for single family building permits far these adjusted lots." WHEREAS, Developer did have the property surveyed and had the Survey of Record recorded, pursuant to the instruction of the then zoning administrator; WHEREAS, Developer had one (1) lot sold and ready for closing, which lot sale did not transpire since the title company indicated that it would not close the gale since the property had not been platted; WHEREAS, Developer deems that the zoning administrator's letter to him ill-advised him and caused him damages; WHEREAS, the City desires to buy its peace in this matter. NOW THEREFORE IT IS HEREBY AGREED as follows: 1. That Developer Shall, if he has not already, record a Record of Survey of the property dividing the property into three (3) lots, meeting the R-4 Residential requirements which specifically include, but are not limited to, 80 feet of street frontage and 8,000 square foot lots, and supply that document to the City; the three (3) lots are described in Exhibits "A", "B" and "C" which are attached hereto and incorporated herein by this reference as if set forth in full herein. 2. That the City shall treat the three (3) lots as being lawfully subdivided and allow construction of homes meeting the R-4 housing requirements, which specifically include a minimum house size of 1,400 square feet. 3. That upon application for building permits on the three (3) lots, if the applicant meets all the requirements for the building permit including paxmkent of all fees, the City shall issue a building permit for each of the three (3) respective lots. 4. That the City of Meridian shall provide to all three {3) lots all city services including water, sewer and trash services, if all fees have been paid. PAGE 2 AMBROSE~FIT2GERALD&C 208-888-3969 09-12-94 09 34 P.04 5. That for and in cangideration of the above agreements by the City of Meridian, the Developer hereby releases the City from any and all liabilities, of whatsoever kind and nature, which have, or may, arise ag a result of the then planning director's letter allegedly misinforming the Developer as to what the City required of him to be able to make the lots capable of being sold and receiving building permits; FURTHER, Developer hereby agrees to, and does hereby, hold the City harmless and agrees to indemnify the City from any liabilities or duties owing to Developer or to any of peveloper's successor's or assigns, and this AGREEMENT shall be binding upon the heirs, personal representatives and assigns of the parties hereto. 6. This Agreement shall be z~ecorded as evidence that the City of Meridian will grant building pez'mits to the above described three (3) lots if they meet the building permit requirements. Dated this d2- ~ day of ___,~_~~.- 1994 . ~EVELOPE~j ,~/'1~' /U.A'~~ J mss A. Handucci, Jr ; ~ 1 July G. Banducc CITY ~` ~ ~~ `'p ~, a ~ ~ ~' ~ ~ ,~ ~~ ~~° nt P. K ngsfo d, a r PACE 3 AMBROSE,FITZGERALD&C 20B-B88-3969 09-12-94 09 35 P.05 ATTEST: ill am G. Berg, Jr , C ty Clerk STATE OF IDAHO,) ss. County of ,Ada, ) On this day of IeL.~[, Qom., 1994, before me, the unde:racigned, a Notary Publicin and for said State, personally appeared James A. Banducci, Jr. and Judy G. Banducci, husband and wife, known to me to be the persons who subscribed their names to the within and foregoing instrument and acknowledged to me that they executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my offi sal the day and year in this certificate first above w RO ~~~•''•• GF9J' (~~ OTARy ' -" ~SEAL~..o-.. °, ~ NOTARY PUBLIC FOR xbA O pU6L1C Residing at ~. Commiesivn Expires S slq~ ....,OP~p ST H0, ) ss. County of Ada, ) On this ?~~' day of a Yr 199'; before me, the undersigned, a Notary Public n and for said State, personally appeared the Mayor and City Clerk, respectively, of the CITY OF MERIDIAN, a municipality and political subdivision of the State of Idaho, known to me to be the entity that granted the authority to the said individuals to subsczibg their names to the within and foregoing instruments in their capacity as Mayor and City Glerk, and acknowledged to me that they executed the same in the name of the CITY OF MERIDIAN. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year a.n this certificate first above written. _ ,~``eosstro,,,''® a~ as °~ ~ pR v ~ _a ( SEAL ) `~; `'' `,' - ,, ~~ ~~ «- ~. ~ - , , o~ ~ j ~ a _ ~. ~~ y /o w~~~ ~ ~djaoaaca:sega~ PAaS 4 at Meridian, on Expires