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Application(�irEN DIAN: -- Mayor Tammy de Weerd City Council Members: Keith Bird Joe Borton Luke Cavener Genesis Milam Ty Palmer Anne Little Roberts TRANSMITTALS TO AGENCIES FOR COMMENTS ON DEVELOPMENT PROJECTS WITH THE CITY OF MERIDIAN To ensure that your comments and recommendations will be considered by the Meridian Planning and Zoning Commission please submit your comments and recommendations to Meridian City Hall Attn: Jacy Jones, City Clerk, by: Transmittal Date: June 9, 2016 Hearing Date: July 7, 2016 File No.: H-2016-0068 June 30, 2016 Request: Request for a combined Preliminary Plat / Final Plat consisiting of One (1) Building Lot on 0.19 of an Acre in the R-4 Zoning District For Velvet Point Subdivision By: Mussell Construction Location of Property or Project: E of S Locust Grove Rd Between E. Time Zone Dr & E Lake Street Ryan Fitzgerald (No FP) Gregory Wilson (No FP) Steven Yearsley (No FP) Patrick Oliver (No FP) Rhonda McCarvel (No FP) Tammy de Weerd, Mayor City Council Sanitary Services Building Department Fire Department Police Department City Attorney City Public Works City Planner Parks Department Economic Dev. Meridian School District Meridian Post Office Ada County Highway District Ada County Development Services Central District Health COMPASS Nampa Meridian Irrig. District Settlers Irrig. District Idaho Power Company Qwest Intermountain Gas Co. Idaho Transportation Dept. Ada County Ass. Land Records Downtown Projects: Meridian Development Corp. Historical Preservation Comm. South of RR / SW Meridian: NW Pipeline New York Irrigation District Boise-Kuna Irrigation District Boise Project Board of Control/Tim Page City Clerk's Office • 33 E. Broadway Avenue, Meridian, ID 83642 Phone 208-888-4433 • Fax 208-888-4218 • www.meridiancity.org Hearing Date: July 7, 2016 File No.: H-2016-0068 Project Name: Velvet Point Subdivision - PFP Request: Request for a combined preliminary/final plat consisting of 1 building lot on 0.19 of an acre in the R-4 zoning district, by Mussell Construction. Location: The site is located east of S. Locust Grove Road between E. Time Zone Drive and E. Lake Street, in the SE'/a of Section 19, Township 3N., Range lE. n MAY 3 1 2016 Planning Division E IDI� IAN: -- s•,--DE`Cib9gA4ENT REVIEW APPLICATION STAFF USE ONLY: Project name: File number(s). :Assigned Planner:_Related filcs- Type of Review Requested (check all that apply) ❑ Accessory Use ❑ Planned Unit Development ❑ Administrative Design Review ❑ Preliminary Plat ❑ Alternative Compliance ❑ Private Street ❑ Annexation and Zoning ❑ Property Boundary Adjustment ❑ Certificate of Zoning Compliance ❑ Rezone ❑ City Council Review ❑ Short Plat ❑ Comprehensive Plan Map Amendment ❑ Time Extension. ❑ Comprehensive Plan Text Amendment Director/ Commission/Council (circle one) ❑ Conditional Use Permit ❑ UDC Text Amendment ❑ Conditional Use Modification ❑ Vacation: Director/Commission (circle one) Director/ Council (circle one) ❑ Development Agreement Modification ❑ Variance 11 Final Plat ❑ Other ❑ Final Plat Modification Applicant Information Applicant name: Mussell Construction Phone: (208) 466-3331 Applicant address: PO Box 3304 Email: kent@mussellconstmction.com City: Nampa State: JD Zip: 83653 Applicant's interest in property: N Own ❑ Rent ❑ Optioned ❑ Other Owner name: Nampa & Meridian Irrigation District Owner address: 1503 1st St Email: Phone: City: Nampa State: -I D Zip; 83651 Agent/Contact name (e.g., architect, engineer, developer, representative): Kent Mussell Firm name: Mussell Construction (same as above) Phone: Agent address: City: Primary contact is: 9 Applicant ❑ Owner ❑ Agent/Contact Email: State: Zip: Subject Property Information Location/street address: TBD S Velvet Falls Way Township, range, section: SA Salmon Rapids Nm 4 Assessor's parcel number(s): R7696680300 Total acreage: 0.19 Zoning district: R-4 Community Development . Planning Division • 33 E. Broadway Avenue, Ste. 102 Meridian, Idaho 83642 Phone: 208-884.5533 Fax: 208.888.6854 www.meridiancitv.oWplannina (Rev. 0611212014) Project/subdivision name: Velvet Pointe Subdivision (Formerly Lot 5 Blk 7, Salmon Rapids Sub. No. 4) General description of proposed project/request: Short Plat of single parcel in Salmon Rapids Sub. No. 4 originally platted as subdivision common area. Proposed zoning district(s): R-4 Acres of each zone proposed: 0.1 g Type of use proposed (check all that apply): B Residential ❑ Office C1 Commercial ❑ Employment CI Industrial ❑ Other Who will own & maintain the pressurized irrigation system in this development? Existing Which irrigation district does this property lie within? Nampa & Meridian Irrigation District Primary irrigation source: Existing Pressurized Irrigation Secondary: Square footage of landscaped areas to be irrigated (if primary or secondary point of connection is City water): Residential Project Summary (if applicable) Number of residential units: 1 Number of building lots: 1 Number of common lots: Number of other lots: Proposed number of dwelling units (for multi -family developments only): 1 bedroom: 2-3 bedrooms; 1 4 or more bedrooms: Minimum square footage of structure (excl. garage): 1,500 Maximum building height: 28' Minimum property size (s.f): 8,276.4 Average property size (s.f): 8,276.4 Gross density (Per UDC 11-1A-1): 1 per 8,276.4 s.f. Net density (Per UDC I I-1A-1): 1 per 8,276.4 s.f. Acreage of qualified open space: N/A Percentage of qualified open space: N/A Type and calculations of qualified open space provided in acres (Per UDC 11-3G-3B): N/A Amenities provided with this development (if applicable): Existing (Water, Power, Sewer, Gas) Type of dwelling(s) proposed: N Single-family Detached ❑ Single-family Attached ❑ Townhouse ❑ Duplex ❑ Multi -family ❑ Vertically Integrated ❑ Other Non-residential Project Summary (if applicable) Number of building lots: _ Gross floor area proposed: Hours of operation (days and hours): Total number of parking spaces provided: Authorization Print applicant name: Applicant signature: _ Common lots: Other lots: Existing (if applicable): Building height: _ Number of compact spaces provided: 7 Date: Community Development . Planning Division n 33 E. Broadway Avenue, Ste. 102 Meridian, Idaho 83642 Phone: 208-884-5533 Fax: 208-888.6854 www.meridiancitv.ora/ulanning -2- (Rev, 0611212014) PROJECT NARRATIVE VELVET POINTE SUBDIVISION FINAL PLAT MAY 27, 2016 STATEMENT OF CONFORMANCE: The attached Final Plat for Velvet Pointe Subdivision conforms with all the requirements and provisions of The City of Meridian's Uniform Development Code, and his been completed according to acceptable engineering, architectural, and surveying practices, and local standards. Due to the limited size and scope of the development, the project was not required by the City of Meridian to obtain approval of a preliminary plat. PROJECT DESCRIPTION: The development proposal includes the attached plat consisting of a single 0.19 acre parcel, currently Lot 5 Block 7 of Salmon Rapids Subdivision No. 4. The parcel was originally designated as common area for the Salmon Rapids Subdivision in the plat recorded in 1998. At that time the parcel was deeded to Nampa & Meridian Irrigation District and housed an old irrigation well and pump house which have since been abandoned and removed. Since the development of the subdivision, the parcel has never been developed or landscaped. The Irrigation district is now selling the parcel, and has accepted an offer from Mussell Construction to purchase the property. The intent for the property is for Mussell Construction to build a single family detached residence to be later purchased and occupied by Kent Mussell, a project manager / authorized agent for the company. Copies of the design for the proposed residence are attached. The only substantial change to the parcel involved in this plat is that the parcel is to no longer be partof the Salmon Rapids Subdivision as common area, which will allow for the construction of a single-family detached residence. No further subdivision, addition of streets, or amenities are being proposed. NEIGHBORHOOD MEETING RESPONSE At the neighborhood meeting to discuss the development, a handful of neighbors expressed concern that the plat would result in property that is not subject to the CC&R's. In an attempt to reconcile the neighbors' worries, Mussell Construction is working with the HOA to try have the CC&R's amended so that the new subdivision can be annexed into the HOA. Mussell Construction has committed to adopting the CC&R's when/if the HOA has recorded the appropria a mendment to the CC&R's allowing for this to occur. ' % 572- Applicant Date LEGAL DESCRIPTION ALL OF LOT 5 BLOCK 7 OF SALMON RAPIDS SUBDIVISION NO. 4, A PART OF THE SE %, SECTION 19, T. 3 N., R. 1 E., B.M, MERIDIAN, ADA COUNTY, IDAHO 2016 RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT THIS A LEGALLY A BENDING CONTRACT, READ THE ENTIRE DOCUMENT, INCLUDING ANY ATTACHMENTS. IF YOU U HAVE ANY OUE$710N5, CONSULT YOUR ATTORNEY AND/OR ACCOUNTANT BEFORE SIGNING NO WARRANTIES, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF HABITABILITY, AGREEMENTS Page 1 of 7 OR REPRESENTATIONS NOT EXPRESSLY SET FORTH HEREIN SHALL BE BINDING UPON EITHER PARTY. z LISTING AGENCY Colliers Interintation"L Office Phone # 200.345-9000 Fax # 3 Lisfing Agent John Stari Jimmy Roumanis E-mail iimmv roumanisCo?coll ler�jdahO.net Phone # 2QB-908-8998 4 SELLING AGENCY Dickerson Land Group LLC Office Phone # 208-2834207 Fax tf 208.465-7626 s Selling AgentJerry Dickerson E-Mail .lerrvgdlckersonlandaroup.com Phone # 208.283-8207 6 7 1. BUYER: Mussels Construction a (Hereinafter called "BUYER") agrees to purchase, and the undersigned SELLER agrees to sell the following described real estate hereinafter referred to as o "PROPERTY" COMMONLY KNOWN AS NNA S Velvet Falls 1a _ Marlla� City ADA County, ID, Zip 83642 legally described as: 1i LOT 05 BLK 01 S MAL ON RAPIDS SUB #4—�980 899990�T 12 OR Legal Description Attached as exhibit. (Exhibit must accompany original offer and be signed or initialed by BUYER 13 and SELLER.) i5 2. $ 35 000.00 PURCHASE PRICE: Thirty -Five Thousand DOLLARS, is payable upon the following TERMS AND CONDITIONS (not including closing costs): 17 is This offer is contingent upon the sale, refinance, and/or closing of any other property 0 Yes R1 No 19 7o 3. FINANCIAL TERMS: NOW A+C+D+E must add up to total purchase price. 21 (A). $ 1,000.00 EARNEST MONEY: BUYER hereby deposits One Thousand 22 DOLLARS As Earnest Money evidenced by: Ocean lapersonal check Ocashier's check Oriole (due date): 23 ❑other.. and a receipt is hereby acknowledged. 24 Earnest Money to be deposited in trust account ❑upon receipt or lidupon acceptance by BUYER and SELLER or Oothor 2s To be deposited at TstieOnar Idaho Center within 24 hours of acceptance 26 and shall be held by OUsling Broker OSelting Broker ❑other for the benefit of the parties hereto. 27 THE RESPONSIBLE BROKER SHALL BE: 28 29 (B). ALL CASH OFFER: ONO RYES If this is an all cash offer do not complete Sections 3C and 3D, fill blanks with "0" (ZERO). IF CASH on OFFER, BUYER'S OBLIGATION TO CLOSE SHALL NOT BE SUBJECT TO ANY FINANCIAL CONTINGENCY. BUYER agrees to provide SELLER 51 within business days (five 151 if left blank) from the date of acceptance OF this agreement by all parties, evidence of sufficient funds and/or proceeds 32 necessary to close transaction. Acceptable documentation Includes, but is not limited to, a copy of a recent bank or financial statement. 33 Cash proceeds from another sale: ❑ Yes ® No '14 (C). $ 0.00 NEW LOAN PROCEEDS: This Agreament is contingent upon BUYER obtaining the following financing: 35 FIRST LOAN of $ not including mortgage insurance, through OFHA, OVA, OCONVENTIONAL, ❑IHFA, ORURAL 3s DEVELOPMENT, DOTHER with Interest not to exceed °/ for a period of _ year(s) at; OFued. Rate OOther. 97 In the event BUYER is unable, after exercising good faith efforts, to obtain the indicated financing, BUYERSs Earnest Money shall be returned to BUYER. ga SECOND LOAN of S wkh interest not to exceed % for a period of years) at OFixed Rate OOther,_ 30 LOAN APPLICATION; BUYER Ones applied OR Oshall apply for such load within) business days (five [51 If left blank) of SELLER'S acceptance. ac Within business days (tan [101 If left blank) of final acceptance of all parties, BUYER agrees to furnish SELLER with a written confirmation nr showing lender approval of credit report, Income verification, debt ratios, and evidence of sufficient funds and/or proceeds necessary to 42 close transaction In a manner acceptable to the SELLER(S) and subject only to satisfactory appraisal and final lender underwriting. If such 43 written confirmation is not received by SELLER(S) within the strict time allotted, SELLER(S) may at their option cancel this agreement by notifying 44 BUYER(S) in writing of such canoalla0on within_ business days (three [31 If left blank) after written confirmation was required. If SELLER does not 45 cancel within the strict time period specified as set forth herein, SELLER shall be deemed to have accepted such written confirmation of lender approval 44 and shall be deemed to have elected to proceed with the transaction. SELLER'S approval shall not be unreasonably withheld. If an appraisal is 47 required by lender, the PROPERTY must appraise at not less than purchase price or BUYER'S Earnest Money shall be returned at BUYER'S 4e request. BUYER may also apply for a loan with different conditions and costs and close transaction provided all other terms and conditions of this 49 Agreement are fvilifed, and the new loan does not increase the costs or requirendidnis to The SELLER. PHA I VA: If applicable, It is expressly agreed w that notwithstanding any other provisions of this contract. BUYER shall not be obligated to complete the purchase of the PROPERTY described herein or to incur any penalty or forfeiture of Earnest Money deposits or otherwise unless BUYER has been given in accordance with HUD/FHA or VA si requirements a written statement by the Federal Housing Commissioner, Veterans Administration or a DirectEndorsement fender setting forth the 53 appraised value of the PROPERTY of not less than the sales price as stated in the contract, 54 55 0). $ ADDITIONAL FINANCIAL TERMS: ss M Additional financial terms are specified under the heading "OTHER TERMS AND/OR CONDITIONS' (Section 4). sr ❑ Additional financial terns are contained In a FINANCING ADDENDUM of some date. attached hereto, signed by both parties. 5s 59 (E). $ 34000.00 APPROXIMATE FUNDS DUE- FROM BUYERS AT CLOSING (Not Including closing costs): Cash at ss closing to be paid by BUYER at closing in GOOD FUNDS, Includes: cash, electronic transfer funds, certified check or cashier's check. BUYER'S Initials L p `)( 1 Date �i 0 .,,5 � �tJ.��„ SELLER'S Initials L Date This lam Is amwd and usida totl by Ed Norio REALTORi Im 1'MS lain had been tivolnied and ix pruviWH! rer use by the roar eaifie. profess,omm whb era na,mbaru 4I In. ICeho REALI ORsu. USE BY ANY OTHER PERSON IS PROHIBITED. 6C.pyrigni Idaho HaALI OR501 Inc, NI ngbi5.,served. JULY 2015 EDITION RE.21 REAL ESTATE PURCHASE. AND SALE AGREEMENT Page 1 of 7 Instanetronr ; 92 63 64 55 s9 97 96 69 70 71 72 73 74 75 76 77 76 79 ao 61 fit 93 84 95 86 97 6s 69 9D 92 93 94 95 95 97 as e9 IN 101 102 103 1(A 105 106 107 Too INS Ila III 112 113 114 115 1 is 117 116 119 120 121 122 123 124 125. 126 127 12a 1F9 130 JULY 2016 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 2 of 7 PROPERTY ADDRESS: NNA S Velvet Palls Meridian 83642 ID#: 19718934 4. OTHER TERMS AND/OR CONDITIONS: This Agreement is made subject to the following special terms, considerations and/or contingencies which must be satisfied odor to closing 13 days due diligence period. Closing 5/19/2016 S. ITEMS INCLUDED & EXCLUDED IN THIS SALE: All existing fixtures and fittings that are attached to the PROPERTY are INCLUDED IN THE PURCHASE PRICE (unless excluded below), and shall be transferred free of (lens, These include, but are not limited to, all seller -owned attached floor coverings, attached television antennae, satellite dish, attached plumbing, bathroom and lighting fixtures, window screens, screen doors, storm doors, storm windows, window coverings, garage door opener(s) and transmitter(s), exterior trees, plants or shrubbery, water heating apparatus and fixtures, attached fireplace equipment, awnings, ventilating, cooling end heating systems, all ranges, ovens, built-in dishwashers, fuel tanks and irrigation fixtures and equipment, that are now on or used in connection with the PROPERTY and shall be Included in the sale unless otherwise provided herein. BUYER should satisfy himself/herself that the condition of the included items is acceptable. It is agreed that any item Included Inthis section is of nominal valueless than $100, (A), ADDITIONAL ITEMS SPECIFICALLY INCLUDED IN THIS SALE: (B). ITEMS SPECIFICALLY EXCLUDED IN THIS SALE: 6. MINERAL RIGHTS: Any and all mineral rights appurtenant to the PROPERTY are included in and are part of the sale of this PROPERTY unless otherwise agreed to by the parties in writing. 7. WATER RIGHTS: Any and all water rights including but not limited to water systems., wells, springs, lakes, streams, ponds, rivers, ditches, ditch rights, and the like, If any, appurtenant to the PROPERTY are included in and are a part of the sale of this PROPERTY unless otherwise agreed to by the parties In writing. S. TITLE CONVEYANCE; Title of SELLER is to be conveyed by warranty deed, unless otherwise provided, and is to be marketable and insurable except for rights reserved in federal patents, state or railroad deeds, building or use restrictions, building and zoning regulations and ordinances of any governmental unit, and rights of way and easements established or of record. Liens. encumbrances or defects to be discharged by SELLER may be paid out of purchase money at date of closing. No liens, encumbrances or defects which are to be discharged or assumed by BUYER or to which title Is taken subject to, exist unless otherwise specified In this Agreement. 9. TITLE INSURANCE: There may be types of title insurance coverages available other than those listed below and parties to this agreement are advised to talk to a title company about any other coverages available that will give the BUYER additional coverage. (A). PRELIMINARY TITLE COMMITMENT: Within business days (six 161 if leg blank) of final amaplanne of all parties, ...;:SELLER or BUYER shall fumish to BUYER 9 preliminary commitment of a title insurance policy showing the condition of the title to Said PROPERTY. BUYER shall have business days (Iwo [21 it left blank) after receipt of the preliminary commitment, within which to object in writing to the condition of the title as set forth m the preliminary commitment. If BUYER does not so object, BUYER shall be deemed to have accepted the conditions of the title. It Is agreed that if the title of said PROPERTY Is not marketable, and cannot be made so within business days (two [21 If left blank) after SELLER'S receipt of a written abjection and statement of defect from BUYER, then BUYER'S Earnest Money deposit shall be returned to BUYER and SELLER shall pay for the cost of title insurance cancellation fee, escrow and legal fees, If any. (8). TITLE COMPANY: The parties agree that TftleOne Emily Williams Title Company located at Idaho Center shall provide the title policy and preliminary report of commitment. (C). STANDARD COVERAGE OWNER'S POLICY: SELLER shall within a reasonable time after closing furnish to BUYER a title Insurance policy in the amount of the purchase price of the PROPERTY showing marketable and insurable tl0e subject to the liens, encumbrances and defects elsewhere set out in this Agreement to be discharged or assumed by BUYER unless otherwise provided herein. The risk assumed by the title company in the standard coverage policy is limited to matters of public record. BUYER shall receive a ILTA7ALTA Owner's Policy of Title Insurance. A title company, al BUYERS request, can provide information about the availability, desirability. coverage and cost of various title insurance coverages and endorsements. If BUYER desires title coverage other than that required by this paragraph, BUYER shall instruct Closing Agency in writing and pay any increase In cost unless otherwise provided herein. (D). EXTENDED COVERAGE LENDER'S POLICY (Mortgages policy): The lender may require that BUYER (Borrower) furnish an Extended Coverage Lender's Policy. This extended coverage lender's policy considers matters of publicrecord and additionally ionally insures against certain matters not shown In the public record. This extended coverage lender's policy is solely for the benefit of the lender and only protects the lender.. 7 BUYER'S Initials (_ -._,._.�) pate SELLER'S Initials L& (L Date This fpnn ro primed and ZS;bbwled by the Idaho RE4LTORS&Inc.TNn fo,tn has been dbWgned and In p,,NN wdlot and Sy01u real nxmta IIJWPSnIlN1a19 whn nrP memlMJn ur the Idanv-REAI MRSa9 USE 9Y MY OTHER PERSON IS PROM SITED. 00.,bydphl HOW REALTORSWM. Ina; Nl nehtt Nnervetl. JULY 2015 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 2 of 7 1nsh:aneti C3_M113 r;11 132 I'U IN 135 IN 137 IN 130 110 141 142 143 144 145 145 141 146 140 150 151 152 153 154 155 IN 167 150 1% 1so 1sl 162 In 164 165 IN IR7 IN 169 170 171 172 173 174 175 176 177 179 179 190 lei +e2 193 1" 185 IN 187 IN IRS :90 191 192 193 IN IDS IN 197 198 199 JULY 2015 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 3 of 7 PROPERTY ADDRESS: NNA S Velvet Falls Meridian a3642 ID#: 19718934 10, INSPECTION: (A). BUYER chooses Ole have inspection Knot to have inspection. if BUYER chooses not to have inspection,. skip Section 10B, BUYER shall have the right to conduct inspections, Investigations, tests, surveys and other studies at BUYER'S expense.. BUYER shall, within _business days (five [5] if left blank) of acceptance, complete these inspections and give to SELLER written notice of disapproved items or written notice of termination of this Agreement based on an unsatisfactory inspection. BUYER Is strongly advised to exercise these rights and to make BUYER'S own selection of professionals with appropriate qualifications to conduct Inspections of the entire PROPERTY, BUYER shalt keep the PROPERTY free and clear of liens; indemnify and hold SELLER harmless from all liability, claims, demands, damages and costs; and repair any damages arising from the Inspections. SELLER shall make PROPERTY available for Inspection and agrees to accept the responsibility and expense for making sure all the utilities are turned on for the inspection except for phone and cable. Some inspections, investigations, tests, surveys and other studies may require additional days to complete. The parties agree that unless specifically set forth below, the above fimeframe for investigations, tests, surveys and other studies shall govern. No inspections may be made by any governmental building or toning Inspector or government employee without the prior consent of SELLER unless required by local law. O In the event this offer is subject to a short sate approval by a mortgage company, the time frame for completing Inspections shall begin upon written approval of the short sale by the mortgage company and/or all lien holders. Additional inspectionsrtimeframes: (8). SATISFACTIONIREM OVAL OF INSPECTION CONTINGENCIES: 1). if BUYER does not within the strict time period specified give to SELLER written notice of disapproved items or written notice of termination of this Agreement; BUYER shall conclusively be deemed to have: (a) completed all Inspections, investigations, review of applicable documents and disclosures; (b) elected to proceed with the transaction and (c) assumed all liability, responsibility and expense for repairs or corrections other than for items which SELLER has otherwise agreed in writing to repair or correct. 2). If BUYER does within the strict time period specified give to SELLER written notice of termination of this Agreement based on an unsatisfactory inspection, the parties will have no obligation to continue with the transaction and the Earnest Money shall be returned to BUYER. 3). If BUYER does within the strict time period specified give to SELLER written notice of disapproved items, BUYER shall provide to SELLER pertinent saction(s) of written Inspection reports upon request, If applicable. Upon receipt of written notice SELLER shall have business days (three [3J I left blank) In which to respond In writing. SELLER, at SELLER's option, may correct the items as specified by BUYER In their letter or may elect not to do so. If SELLER agrees in writing to correct items requested by BUYER, then both parties agree that they will continue with the transaction and proceed to closing. Immediately upon a written response from SELLER that rejects BUYER's requests, in whole or In part, BUYER may proceed under 10(8)(4) below. 4). If SELLER does not agree to correct BUYER's items within the strict time period specified, or SELLER does not respond In willing within the strict time period specified, then the BUYER has the option of either continuing the transaction without the SELLER being responsible for correcting these deficiencies or giving the SELLER written notice within — business days (three [3) if left blank) that they will not continue with the transaction and will receive their Earnest Money back. 5). If BUYER does not give such written notice of cancellation within the strict time periods specified, BUYER shall conclusively be deemed to have elected to proceed with the transaction without repairs or corrections other than for items which SELLER has otherwise agreed in writing to repair or correct. (C). Home Warranty Programs are available for purchase through a number of Home Warranty Companies. 11. LEAD PAINT DISCLOSURE: The subject PROPERTY ❑is jets not defined as "Target Housing" regarding lead -based paint or lead -based paint hazards. The term lead -based paint hazards is intended to identify lead -based paint and all residual lead -containing dusts and soils regardless of the source of the land, If yes, BUYER hereby acknowledges the following: (a) BUYER has been provided an EPA approved lead -based paint hazard Information pamphlet, "Protect Your Family From Lead in Your Home", (b) receipt of SELLER'S Disclosure of Information and Acknowledgment Form and have been provided with all records, test reports or other information, if any, related to the presence of lead -based paint hazards on said PROPERTY, (c) that this contract is contingent upon BUYERS right to have the PROPERTY tested for lead -based paint hazards to be completed no later than or the contingency will terminate, (d) that BUYER hereby Dwalves L7does not waive this right, (a) that If test results show unacceptable amounts of lead -based paint on the PROPERTY, BUYER has the right to cancel the contract subject to the option of the SELLER (to be given in writing) to elect to remove the laad-based paint and correct the problem which must be accomplished before closing, (f) that If the contract is canceled under this cause, BUYER'S earnest money deposit shall be returned to BUYER, Additionally, if any structure was built before 1978 and is a residential home, apartment or child -occupied facility such as a school or day-care center, federal law requires contractors that disturb lead based paint in thatstructure to provide the owner with a'Renovate Right" pamphlet. The contractor shall be certifled and followspecific work practices to prevent lead contamination, BUYER'S. Initials (4. r }() Date vrK ,(�_ SELLER'S Irideis LkJ(. ) Date / V-1r, /6 Tho form n ahotad arm alslnouhiJ by the laaho RE;ALTORSE4 hm. Tre4 farm hae tuwn aeugnad and is prnWtllM for use h/'the red Nadia nrorasvonals wha nrr, mbnttaln', at a Idaho REALI'OR3 USE 01111 OTHER PERSON IS PROHIBITED. Gflapyaght Naha REALTORSC Inc. Ail nghru raahrvad. JULY 201$ EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 3 of 7 Instanefr<s,. ; JULY 2015 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 4 of 7 PROPERTY ADDRESS: NNA $ Velvet Falls Meridian 83642 lot. 19718934 2w 12, MOLD DISCLAIMER: BUYER is hereby advised that mold and/or other microorganisms may exist at the Property. Upon closing BUYER let acknowledges and agrees to accept full responsibility and risk for any matters that may result from mold and/ or other microorganisms and to 2nz hold SELLER and any Broker or agent representing SELLER or BUYER harmless from any liability or damages (financial or otherwise) relating to 203 such matters. 2a4 2os 13. SQUARE FOOTAGE VERIFICATION: BUYER IS AWARE THAT ANY REFERENCE TO THE SQUARE FOOTAGE OF THE REAL PROPERTY 2o6 OR IMPROVEMENTS IS APPROXIMATE. IF SQUARE FOOTAGE IS MATERIAL TO THE BUYER, IT MUST BE VERIFIED DURING THE INSPECTION 2m PERIOD. 2011 2oq 14. SELLER'S PROPERTY CONDITION DISCLOSURE FORM; If required by Title 55, Chapter 25 Idaho Coda SELLER shall within ten (10) 210 calendar days after execution of this Agreement provide to BUYER or BUYER'S agent, "Seller's Property Condition Disclosure Form" or other acceptable 211 form. BUYER has received the "Seller's Property Condition Disclosure Form" or other acceptable form prior to signing this Agreement OYes ONO Ili 212 213 1S. COVENANTS, CONDITIONS AND RESTRICTIONS (CC&Rs); As part of the BUYER'S inspection Of the PROPERTY as set forth In Section 10, 214. BUYER is responsible for obtaining and reviewing a copy of any CC&Rs which may affect the PROPERTY. BUYER shall have business days (five 215 [5) If left blank) but in no event shall such time period exceed that time period set forth for inspections In Section 10, to review any CC&Rs that may affect the 210 PROPERTY. Unless BUYER delivers to SELLER a written and signed objection to the terms of any applicable CC&Rs with particularity describing BUYER'S 217 reasonable objections within such time period as set forth above, BUYER shall be deemed to have conclusively waived any objection to the terms of any 21a CC&Rs affecting the PROPERTY, nothing contained herein shall constitute a waiver of BUYER to challenge CC&Rs directly with a homeowners association 215 after closing. If BUYER timely and reasonably objects to a term of the CC&Rs, this Agreement shall terminate and the Earnest Money shall be returned to 22c BUYER. 221 222 16. SUBDIVISION HOMEOWNER'S ASSOCIATION: BUYER is aware that membership in a Home Owners Association may be required and 223 BUYER agrees to abide by the Articles of Incorporation, Bylaws and rules and regulations of the Association. BUYER is further aware that the PROPERTY 224 may be subject to assessments levied by the Association described in full in the Declaration of Covenants, Conditions and Restrictions. BUYER has 225 reviewed Homeowners Association Documents: Oyes ONo ONIA. Association feesidues are $ per 225 ❑BUYER OSELLER RNIA to pay Homeowners Association SET UP FEE of $ and/or PROPERTY TRANSFER FEES of 227 at closing. 228 229 17. COSTS PAID BY: The parties agree to pay the following costs as indicated below. None of the costs to be paid by the parties in this section creates 230 an inspection or performance obligation other than strictly for the payment of costs. There may be other costs incurred in addition to those set forth below. 231 Such costs may be required by the lender, by law, or by other such circumstances. 232 233 SELLER agrees to pay up to E. O ($0 if left blank) of lender required repair costs only. z34 BUYER or SELLER has the option to pay any lender required repair costs in excess of this amount. 235 eau Upon closing SELLER agrees to pay EITHER %.(NIA If left blank) of the purchase price OR $_ (NIA if left blank) of 227 lender -approved BUYER'S closing costs, lender fees, prepaid costs and any fees associated with completing the transaction which Includes but 23s Is not limited to those Items in BUYER columns marked below. 239 BUYER. SELLER Shared Equally NIA BUYER SELLER Shared EQUally N7A. Appraisal Fee X Title Ins, Standard Coverage Owners Policy X Appraisal Re4mmoction Fee K Title Ins, Extended Coverage Lenders Policy —Mortgagee Policy K Closing Escrow Fee X Additional Tire Coverage K Lander Document Preparation Fee - - X Domestic Well Water Potability Test 1K Tax Service Fee X Domestic Well Water Productivity Test X Flood Camficaaonfrmaing Fee K Septic inspections X Lender Required Inspections X Septic Pumping X Attorney Contract Preparation or corns Fee X Survey X 240 241 18.00CUPANCY: BUYER 0does ❑does not intend to occupy PROPERTY as BUYER'S primaryresidence, 242 BUYER'S INtials (___)(_,_)f0_ SELLER'S Initials l/ (_) Date Tgs forma primed and diairirmad by Via loaho REALTORS& Inc TOs tam he0 been nes,nad and is praNbi ea cad for uaa by the mlaln pmlastionaia wnb are ambers oI a n Idahn REA00n3C. USE BY ANY OTMER PERSON IS PROHIBITED. QCopyngbl iderro REALTORSrr. Inc. All tights rasa fed, JULY 2015 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 4 of 7 Instonetm;ims JULY 2015 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 5 of 7 PROPERTY ADDRESS: NNA S Velvet Falls Meridian 83§42 ID#: 19718934 243 19. RISK OF LOSS OR NEGLECT: Prior to closing of this sale, all risk of lossshall remain with SELLER. In addition, should the PROPERTY be 244 materially damaged by Ore, neglect, or other destructive cause prior to closing, this agreement shall be voidable at the option of the BUYER. 245 gas 20. FINAL WALK THROUGH: The SELLER grants BUYER and any representative of BUYER reasonable access to conduct a final walk through 247 Inspection of the PROPERTY approximately calendar days (three 131 if left blank) prior to close of escrow, NOT AS A CONTINGENCY OF THE 248 SALE, but for purposes of satisfying BUYER that any repairs agreed to in writing by BUYER and SELLER have been completed and PROPERTY are in 244 substantially the same condition as on the dale this offer is made. SELLER shall make PROPERTY available for the final walk through and agrees to accept 25o the responsibility and expense for making sure all the ulllilles are turned onfor the walk through except for phone and cable. If BUYER does not conduct a 251 final walk through, BUYER specifically releases the SELLER and Broker(s) of any lieblllty. z52 21. SINGULAR AND PLURAL terms each include theother, when appropriate. 253 25, 22, FORECLOSURE NOTICE: If the PROPERTY described above Is currently involved In a foreclosure proceeding (pursuant to Idaho Code §45.1606) 255 any contract or agreement with the owner or owners of record that involves the transfer of any interest in residential real property. as defined in §45. lim 525(5)(b), Idaho Code, subject to foreclosure must be in writing and must be accompanied by and affixed to RE42 Property Forelosure Disclosure Form. 257 25a 23. MECHANIC'S LIENS - GENERAL CONTRACTOR DISCLOSURE STATEMENT NOTICE: BUYER and SELLER are hereby notified that, 259 subject to Idaho Code 945525 at seq., a "General Contractor" must provide a Disclosure Statement to a homeowner that describes certain rights afforded to 260 the homeowner (e.g. lien waivers, general liability Insurance, extended policies of title insurance, surety bonds, and sub -contractor information). The 261 Disclosure Statement must be given to a homeowner prior to the General Contractor entering into any contract. in an amount exceeding $2,000 with a 262 homeowner for construction, alteration, repair, or other improvements to real property, or with a residential real property purchaser for the purchase and sale 2s3 of newly constructed properly. Such disclosure is the responsibility of the General Contractor and it Is not the duly of your agent to obtain this Information on 264 your behalf. You are advised to consult with any General Contractor subject to Idaho Code §45-525 et seq. regarding the General Contractor Disclosure 2e5 Statement. 2ss 267 24. SALES PRICE INFORMATION: Pursuant to Idaho Coda §54-2083(6)(d), a "sold" Price of real property is not confidential client information. 268 ass 25. TRANSMISSION OF DOCUMENTS: Facsimile or electronic transmission of any signed original document, and retransmission of any signed 270 facsimile or electronic transmission snail be the same as delivery of an original. At the request of either the BUYER or SELLER, or the LENDER, or the 271 Closing Agency, the BUYER. and SELLER will confirm facsimile or electronic transmitted signatures by signing an original document, 272 no 26. BUSINESS DAYS: A business day is herein defined as Monday through Friday, 8:00 A,M. to 5:00-P.M. in the local time zone where the subject real 274 PROPERTY is physically located. A business day shall not include any Saturday or Sunday. nor shall a business day include any legal holiday recognized 275 by the state of Idaho as found in Idaho Code §73-108., The time in which any act required under this agreement Is to be performed shall be computed by 276 excluding the date of execution and including the last day. The first day shall be the day after the date of execution, tithe last day is a legal holiday, then the 277 time for performance shall be the next subsequent business day. 27e 279 27. CALENDAR DAYS: A calendar day is herein defined as Monday through Sunday, midnight to midnight, in the local time zone where the subject real 2ao PROPERTY is physically located. A calendar day shall Include any legal holiday. The time In which any act required under this agreement is to be performed lei shall be computed by excluding the date of execution and including the last day, thus the first day shall be the day after the date of execution. Any reference 282 to "day" or `days" in this agreement means the same as calendar day, unless specifically enumerated as a "business day.' 2e3 ze4 28. ATTORNEY'S FEES: if either party initiates or defends any arbitration or legal action or proceedings which are In any way connected with this 2s5 Agreement, the prevailing party shall be entitled to recover from the non -prevailing party reasenable costs and attorneys fees, including such costs and fees gas on appeal. 287 2as 29. DEFAULT: If BUYER defab ite in the performance of this Agreement, SELLER has the option of: (1) accepting the Earnest Money as liquidated 2ss damages or (2) pursuing any other lawful right and/or remedy to which SELLER may be entitled. If SELLER elects to proceed under (1), SELLER shall make no demand upon the holder or the Earnest Money. upon which demand said holder shall pay from the Earnest Money the costs incurred by SELLER'S Broker st on behalf of SELLER and BUYER related to the transaction, including, without limitation, the costs of title insurance, escrow fees, appraisal, credit report 292 fees, inspection fees and attorney's fees; and said holder shall pay any balance of the Earnest Money, one-half to SELLER and one-half to SELLER'S no Broker, provided that the amount to be paid to SELLER'S Broker shall not exceed the Broker's agreed -to commission. SELLER and BUYER specifically 2sa acknowledge and agree that If SELLER elects to accept the Earnest Money as liquidated damages, such shall be SELLER'S sole and exclusive remedy, and 2ss such shall not be considered a penalty or forfeiture. If SELLER elects to proceed under (2), the holder of the Eamest Money shall be entitled to pay the costs 296 incurred by SELLER'S Broker an behalf of SELLER and BUYER related to the transaction, including, without limitation, the costs of brokerage fee, title 2W insurance, escrow fees, appraisal, credit report fees, inspection fees and attorneys fees, with any balance of the .Earnest Money to be held pending 296 resolutionof the matter. If SELLER defaults having approved said sale and falls to consummate the same as herein agreed, BUYER'S Earnest Money zoo deposit shall be returned to himther and SELLER shall pay for the costs of title insurance, escrow fees, appraisals, credit report fees, Inspection fees, no brokerage fees and attorney's fees, it any. This shall not be considered as a waiver by BUYER of any other lawful right or remedy to which BUYER may be 301 entitled. 302 me 30. EARNEST MONEY DISPUTE I INTERPLEADER: Notwithstanding any termination or breach of this Agreement, BUYER and SELLER agree that so4 in the event of any controversy regarding the Earnest Money and things of value held by Broker or closing agency. Broker may reasonably rely on the terns 3c5 of this Agreement or other written documents signed by both parties to determine how to disburse the disputed money. However, Broker or closing agency 3W shall not be required to take any action but may await any proceeding, or at Broker's or closing agencys option and sole discretion, may interplead all parties 307 and deposit any moneys or things of value into a court of competent jurisdiction and shall recover all costs which were incurred as a result of the dispute ws Including, but not limited to, reasonable attorney's fees. If either parties' Broker Incurs attorneys fees as a result of any Earnest Money dispute, whether or on not formal legal action,; iiss !taken said Broker is entitled to recover actual fees Incurred from either BUYER or SELLER. � /� 16 BUYER'S Initials ( jf_ ' N..,....... _...._�) Date bar SELLER'S initials ""///AT'rG�7I`)(__-___„_,_I Date /". This burn Is rir•nlad pop idainbNaid by the Hare REALTOR", Mc. Thro faro, has boas deaianad and le prowled for use y Ina real ester PaMs ashols who am mrtmners o he Idaho REALTORSQtr. USE BY ANY OTHER PERSON IS PROHIBITED, 6Copynl nt IdaRo RP.ALTORSe,, Ina, Ali fights reserved, JULY 2015 EDITION RE-21REAL ESTATE PURCHASE AND SALE AGREEMENT Page 5 of 7 Instanetfc:ea+a JULY 2015 EDITION RE•21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 6 of 7 PROPERTY ADDRESS; NNA S Velvet Falls Meridian 03642 ID#: 19718934 _ 31P 311 31, COUNTERPARTS: This Agreement may be executed in counterparts. Executing an agreement in counterparts shall mean the signature o two 312 identical copies of the same agreement. Each identical copy of an agreement signed in counterpartsis deemedto be an original, and all identical copies 313 shall together constitute one and the same insWment. 114 w5 32. "NOT APPLICABLE" DEFINED: The letters"Na," "NIA," "n.a.;' and"NA,' as used herein are abbreviations of the tenn "not applicable." Where this 315 agreement uses the term "not applicable' or an abbreviation thereof, it shall be evidence that the parties have contemplated certain facts or conditions and 317 have determined that such facts or conditions do not apply to the agreement or transaction herein. its 319 320 321 372 323 324 s25 326 327 32e 329 338 331 332 133 334 335 336 137 338 339 340 341 342 343 344 M5 346 347 us 349 350 311 362 363 354 355 35a 357 35a 150 sec 361 362 3a3 364 385 366 367 30 M9 378 3T1 372 373 374 375 33. SEVERABILITY: in the case that any one or more of the provisions contained in this Agreement, or any application thereof, shall be invalid, illegal or unenforceable In any respect, the validity, legality or enforceability of the remaining provisions shall not in any way be affected or impaired thereby.. 34. REPRESENTATION CONFIRMATION: Check one (1) box In Section 1 and one (1) box in Section 2 below to confirm that in this transaction, the brokerages) involved had the following relationship(s) with the SUYER(S) And SELLER(S). Section 1: M A. The brokerage working with the BUYER(S) is acting as an AGENT for the BUYER($). ❑ B. The brokerage working with the BUYER(S) Is acting as a LIMITED DUAL AGENT for the BUYER(S), without an ASSIGNED AGENT, ❑ C. Thebrokerageworking with the BUYER(S) is acting as a LIMITED DUAL AGENT for the BUYERS) and has an ASSIGNED AGENT acting solely on behalf of the BUYER($)• ❑ D. The brokerage working with the BUYERS) Is acting as a NONAGENT for the BUYER($). Section 2: 10 A. The brokerage working with the SELLER(S) Is acting as an AGENT for the SELLER(S), ❑ C, The brokerage working with the SELLEh the RS) Is actinis g as a LIMITED DUAL AGENT for the SELLERas a LIMITED DUAL AGENT for the (S)�and has an ASSIGNED without an ASSIGNED AGENT acting solely on behalf of the SELLER(S). O D. The brokerage working with the SELLER(S) is acting as a NONAGENT for the SELLER(S). Each party signing this document confirms that he has received. read and understood the. Agency Disclosure Brochure adopted or approved by the Idaho real estate commission and has consented to the relationship confirmed above. In addition, each party confirms that the brokerage's agency office policy was made available for inspection and review. EACH PARTY UNDERSTAND$ THAT HE IS A "CUSTOMER" AND IS NOT REPRESENTED BY A BROKERAGE UNLESS THERE IS A SIGNED WRITTEN AGREEMENT FOR AGENCY REPRESENTATION. 35. CLOSING: On or before :the closing date, BUYER and SELLER shall deposit with the closing agency all funds and instruments necessary to complete this transaction, Closing means the date on which all documents are either recorded or acceppted by an escrow agent and the sale proceeds are available to SELLER. The closing shall be no later then (Date) 05l191201 S The parties agree that the CLOSING AGENCY for this transaction shall be located at loan cenxer If a long-term escrow / collection is Involved, then the long-term escrow holder shall be 36. POSSESSION: BUYER shall be entitled to possession Mupon closing or ❑ools time OA.M. ❑RM. 37. PRORATIONS: Property taxes and water assessments (fusing the last available assessment as a basis), rents, Interest and reserves, liens, encumbrances or obligations assumed, and utilities shall be prorated as of - BUYER to reimburse SELLER for fuel in tank ❑ Yes ® No (Not Applicable if left blank). Dollar amount may be determined by SELLER's supplier. 38. ASSIGNMENT: This Agreement and any rights or interests created herein M may ❑ may not be sold, transferred. or otherwise assigned. 39. ENTIRE AGREEMENT: This Agreement contains the entire Agreement of the patties respecting the matters herein set forth and supersedes all prior Agreementsbetween the parties respecting such matters. 40. TIME IS OF THE ESSENCE IN THIS AGREEMENT. 41. AUTHORITY OF SIGNATORY;. If BUYER or SELLER is a corporation, partnership, trust, estate, or other entity, the person executing this agreement on Its behalf warrants his or her authority to do so and to bind BUYER or SELLER. 42. ACCEPTANCE: This offer Is made subject to the acceptance of SELLER and BUYER on or before (Date) 05/0012016. at (Local Time in which PROPERTY is located) 2:30 ❑A.M. IaP.M. BUYER'S Initials Date - 0 7 ( � � � SELLER'S Initials kl_�,( Tl,w lv:rt, Ix{v, .d r;0@eaih„extl by fhaldabn REALTORWrI.. This form Ira. bear refrwrxi-Wisprovided ruruw by lhalu.8 eslxta.Plalraaimerve xr,o are reemhers the Idaho REALTOR. USE BY ANY OTHER PERSON IB PROHIBITED, =r pynghl Idalw REALTORSLR Inc. All ,i91n rM9rvetl. ac"Page 6 of 7 JULY 2015 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT 9 InstanetfoQm4 376 377 3711 379 390 351 332 3B3 3B4 365 X8 387 386 38a 390 391 392 393 304 395 396 297 396 399 400 401 4n2 403 4U4 405 406 407 40B 409 410 All 412 413 414 415 4is 417 415 419 420 421 422 4"23 424 425 420 427 42H 429 430 43, 432 433 43 435 436 437 438 439 440 441 442 443 444 JULY 2015 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 7 of 7 PROPERTY ADDRESS: NNA S Velvet Falls _, Meridian 83642 ID#: 19718934 43. BUYER'S SIGNATURES: ❑SEE ATTACHED BUYER'S ADDENDUM(S): (Specify number of BUYER addendum(s) attached.) OSEE ATTACHED BUYER'S EXHIBIT($):.______ (Specify number of BUYER exhibit(s) attached.) ❑I Bt{{fUUY�Y.ER does currently hold an active Idaho real estate license. ❑ BUYER Is related to agent, J BUYER Signature J BUYER (Print Name),O Date Time OA.M, ❑P.M, Phone # Cell # Address 6 L E-Mail City State.. Zip _ Fax #_ BUYER Date 0 BUYER does currently hold an active Idaho real estate license. ❑ BUYER is rotated to agent. Time State BUYER (Print ❑P.M. Phone# 44. SELLER'S SIGNATURES: On this date, Vuve hereby approve and accept the transaction set forth in the above Agreement and agree to carry out all the terms thereof on the part of the SELLER. ❑SIGNATURE(S) SUBJECT TO ATTACHED COUNTER OFFER OSIGNATU RE(S) SUBJECT TO ATTACHED ADDENDUM($) # OSIGNATURE(S) SUBJECT TO ATTACHED EXHIBITS) # _.,_, 5 nc. D SELLER d s currently hold an active Idaho real estate license. ❑ SELLER is related to agent, W-�7 w Pd b, SELLER Signature�� �+ SELLER (Print Nama) (?Y, Date IL �Oov�,.hf�l�2� Trt�l1 /4AA4 - % Tima ()"3 12 A.M. OP.M. Phone 0�g� 66-�%{�� Cell# Q!5%yre�f Address / O E-Mall Cityhi, .9'Y" aL State :T�, Zip � �. y Fax# CONTRACTOR REGISTRATION # III applicable) ❑ SELLER does currently hold an active Idaho real estate license. ❑ SELLER Is related to agent. SELLER Signature SELLER (Print Name) Date Time CA.M..OP.M. Phone # Cell # state Zip CONTRACTOR REGISTRATION # (If applicable) LATE ACCEPTANCE if acceptance of this offer is received after the time specified, It shall not be binding on the BUYER unless BUYER approves of said acceptance within calendar days (three [3] if left blank) by BUYER initialing HERE . If BUYER timely approves of SELLER'S late acceptance, an initialed copy of this page shall be Immediately delivered to SELLER. I N., hrm In pnnnd and dninw Wl. by IN WM. REALTORS&, Inc, INi hrm hna breon tiv14W,M a, Is p.h.d far unv by IN m,W bntute p!Menrianala wNo are inert al IN Idebo RPALTORSy`, USE BY ANY OTHER PERSON IS PROHIBITED Oc,,,yneM WIN RMTORSR,, II, NIehN,e ren. JULY 2015 EDITN RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 7 of 7 Instanetr aAs JULY 2015 EDITION ADDENDUM # A (All addendums shall be numbered sequentially.) Page 1 of t RE-11 ADDENDUM Ili Idam Aseoebibn or arA mar THIS IS A LEGALLY BINDING CONTRACT, READ THE ENTIRE DOCUMENT, INCLUDING ANY ATTACHMENTS. a.,..,..,. rn lu41d IF YOU HAVE ANY QUESTIONS, CONSULT YOUR ATTORNEY AND/OR ACCOUNTANT BEFORE SIGNING. 1 Date: 3 This is an ADDENDUM to the ® Purchase and Sale Agreement []Other 4 ("Addendum" means that the information below is added material for the agreement (such as lists or descriptions) and/or means the form is s being used to change, correct or revise the agreement (such as modification, addition or deletion of a term)), 6 7 AGREEMENT DATED: 05/0512016 toff 19718934 8 9 ADDRESS: TBD S Velvet 16 11 BUYER(a): Mussell Construction 12 13 SELLER(S): Nampa & Meridian Irrigation District - 14 15 The undersigned oarties herebv agree as follows 16 7 ,a 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 36 39 40 41 42 43 44 45 46 47 1. LINE 34435. CLOSING: To be changed to on or before August 31 20T6 y or tinai approval whichever comes first. 2. LINE 373 42. ACCEPTANCE: To be changed to May 23 2016 2:30 p.m. 3. Attached is exhibit A AFFIDAVIT OF LEGAL INTEREST needs to be signed by the seller with the acceptance of the contract. 4a To the extent the terms of this ADDENDUM modify or conflict with any provisions of the Purchase and Sale Agreement Including all prior 49 Addendums or Counter Offers, these terms shall control. All other terms of the Purchase and Sale Agreement Including all prior so Addendums or Counter Offers not modified bythisADDENDUMshallremainthesame. Upon itsexecutionbybothparties, this agreement 51 Is made an integrV part of the aforementioned Agreement 52 53 BUYER: _ 22L , e Date: C/ 54 ss BUYER: gg Date: 56 _ 'y?ti Pa a F'v�eGf! rr��h. se SELLER: /�"� `'"�"- ����5-�'�✓,1�ZJi`e 1R VJ�`Sl�dai 59 so SELLER: Date: This harm Is pdrdod and distributed by Ira deho REACTORS®,Ins. Thla lane he. been designed and Iep.Aded far seabythe real solely prarasabnale who ere members Wlbe Walla REACTORS®, USE BY ANY OTHER PERSON IS PROHIBITED. OCapyrat Idaho REALTORSe, Ina. All MEMO ®serrod, JULY 201E EDITION RE•11 ADDENDUM Page 1 of 1 InstonetFORM5' RECORDED -REQUEST OF ACr'. C)'J JT'Y RECORC�° I Ca all '�� J. DAVID t�AVA U tf�NCFEE DEP XAUPM 1992: 58 0 8 2 WARRANTY DEED FARWEST L.L.C., a limited liability company, hereafter referred to as "Grantor", hereby conveys, grants, bargains, sells and warrants to NAMPA & MERIDIAN IRRIGATION DISTRICT whose address is 1503 First Street South, Nampa, Idaho 83651, hereinafter called "Grantee", the following described premises situated in Ada County, Idaho, to wit: Lot 5, Block 7, SALMON RAPIDS SUBDIVISION NO. 4, according to the official plat thereof. TO HAVE AND TO HOLD, the said premises, with their appurtenances unto the said Grantee and to the Grantee's successors and assigns forever, and the Grantor does hereby covenant to and with the said Grantee, that the Grantor is the owner in fee simple of said premises; that they are free from all encumbrances except as above described and that Grantor will warrant and defend the same from all lawful claims whatsoever. IN WITNESS WHEREOF, the Grantor has hereunto signed its name this 2 2 day of ���, 1998. FARWEST L.L.C., a Limited Liability Company By Marty Goldsmith, Member R COROED-REQUEST OF ADA CO' JOTY fiECORDER. J. DAVID IIAVARRO 801SE.IDAFIO FEE •l" DEPUTY WARRANTY DEED -PAGE l 1998SP 17 AM 9:05 98088990 STATE OF IDAHO ss: COUNTY OF ADA On this day of 1998, before me, the undersigned, a Notary Public in and for said State, personally, a MARTY GOLDSMITH, known to me to be a member of FARWEST L.L.C., the limited liability company that executed the foregoing instrument and acknowledged to me that such limited liability 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. *`0 '•. / Notary Public for Idaho S . e Residing at: (�/JlA7P,7 Idaho z ; My commission expires: b _7 Q3 • 9� WARRANTY DEED - PAGE 2 AFFIDAVIT OF LEGAL INTEREST STATE OF IDAHO COUNTY OF ADA as�J ZSCJ 15f -S 5 o (name) (address) � 3 C V l/ (city) (state) being first duly sworn upon, oath, depose and say: That I am the record owner of the property described on the attached, and I grant my permission to: f1e2�2f a Us.Sc�//. E0, X 3M AinadD e3v53 (name) (address) to submit the accompanying application(s) pertaining to that property. 2. I agree to indemnify, defend and hold the City of Meridian and its employees harmless from any claim or liability resulting from any dispute as to the statements contained herein or as to the ownership of the property which is the subject of the application. 3. I hereby grant permission to City of Meridian staff to enter the subject property for the purpose of site inspections related to processing said application(s). / Dated this 2 3yd day of 20 C� (Signature) sic V�fcly ,rV�2s ak vN SUBSCRIBED AND SWORN to before me the day andfirst above written. 111111toll� / - 4EE G,9 ",%,, ,.•••"'••... i (Notary lic for Idaho) Residing at ^�� �8�10 rr My Commission Expires: C;)030 I/IIIIN111 33 E Broadway Suite 210 • Meridian, Idaho 83642 Phone: (208) 884-5533 • Facsimile: (208) 888-6678 • Website: www.meridiancity.org {�E IDIAN.-- Community Development Parcel Verification Date: May 20, 2016 Meridian City Hall, Suite 102 33 E. Broadway Avenue Meridian, Idaho 83642 208.887.2211 The parcel information below has been researched and verified as correct by the City of Meridian Community Development Department. Project Name: Velvet Pointe Subdivision Parcel Number: R7696680300 Acres: 0.197 T/R/S: 3 N 1E 19 Property Owner: Nampa & Meridian Irrigation District Address Verification Rev: 04/23/12 E 5/22/2016 Mussel I Construction, Inc. Mail -AV: For Parcel NR7696680300 f USSELL Kent Mussell <kent@mussellconstruction.com> CONSTRUCTION INC. AV: For Parcel#R7696680300 Stacy Hersh <shersh@meridiancity. org> Fri, May 20, 2016 at 1 A9 PM To: "kent@mussellconstruction.com" <kent@mussel lconstruction.com> Cc: Terri Ricks <tricks@meridiancity.org> May 20, 2016 Address Verification: Parcel #R7696680300 Address: 2795 S VELVET FALLS WAY, MERIDIAN, ID 83642 Save Y Reset ( I Cancel f Help j Parcel [Detail I i District Parcel# * Parcel Status • Primary R7696680300 Enabled V I Yes y Lot Block Subdivision Stacy Hersh City of Meridian Land Development Support Specialist shersh@meridiancity.org Phone: 208-489-0326 Ext. 1326 t https://mail.google.com/mail/u/0/?ui=2&ik=14f9ffbe6e&view—pt&search=inbox&msg=154cfb6cd574029b&siml= I54cfb6cd574029b l/1 ProjectiSubdivision Name: Applicant(s)lContact(s): City Staff: Location: C rr Comprehensive Plan Design Guidelines Di Existing Use: Cj�w Proposed Use: S Surrounding Uses:_ CITY OF MERIDIAN PRE -APPLICATION MEETING NOTES Context: ❑ Urban Street Buffer(s)'and/or Land Use Buffer(s): ,�JA Open Space/Amenities/Pathways: -~ AccesslStub Streets/Street System: 4. VOV4 TtiA L Sewer& Water Service: area<)W Waterways) Floodplain/TopographylHazards: Existing Zoning: _ Proposed Zoning: of Property: Rural i t- Note; A Traffic Impact Study (TIS) will be required by ACHD for large commercial projects and any residential development with over 100 units. To avoid unnecessary delays & expedite the hearing process, applicants are encouraged to submit the TIS to ACHD prior to submitting their application to the City. Not having ACHD comments and/or conditions on large projects may delay hosting (a) at the City. Please contact Mindy Wallace at 387- `6178 or Christy Little at 387-6144 at ACHD for information in regard to a TIS, conditions, impact fees and process. Other Agencies/Departments to Contact: ❑ Ada County Highway Dist. (ACHD) ❑ Idaho Transportation Dept. (ITD) ❑ Republic Services ❑ Central District Health Department Application(s) Required: ❑ Administrative Design Review ❑ Alternative Compliance ❑ Annexation ❑ City Council Review ❑ Comprehensive Plan Amendment - Map ❑ Comprehensive Plan Amendment - Text ❑ Conditional Use Permit ❑ Nampa Meridian irrigation Dist. (NMID) ❑ Settler's Irrigation District ❑ Police. Department ❑ Fire Department ❑ Conditional Use Permit Modification/Transfer Development Agreement Modification [2`Final Plat ❑ Final Plat Modification ❑ Planned Unit Development 5TPreliminary Plat Private Street ❑ Public Works Department ❑ Building Department ❑ Parks Department ❑ Other. Rezone Short Plat ❑ Time -Extension -Council ❑ UDC Text Amendment ❑ Vacation ❑ Variance ❑ Other Notes: 1) Applicants are required to holds neighborhood meeting in accord with UDC 11-5A-50pdoc to submittal of an application requiring a public hearing (except for a vacation ar short plat); and 2) All applicants for permits requiring a public hearing shall post the site with a public hearing notice in accord with UDC11.5A-5D.3 (except for UDC text amendments,. Comp Plan. text amendments; and vacah'ons). The lnformation provided during this meeting is based on current UDC requirements and the Comprehensive Plan. Any subsequent changes to the UDC and/or Comp Plan may affect your submittal andlor application. This pre -application meeting shall be valid for four (4) months. ao lg eJ 111;a9 f� 5 E R� � Sn�' ➢[( 6�� �SY� ii ji y7j @@ 6 r E F. y gEg% �3F3 p�pgR5 $ a a3? 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Yos°d8 milli 15 E 1, Ev.S> Eo-'' �6'v$ Ea 11 MIN 1 1 ii \\ \\y h§ §Ml 2 i � � / �`� • 2 ■ // Ewa |,\ k ■ , � § ) � A @ � 6 0 j tj ( r4\ � ) f COMMITMENT OF PROPERTY POSTING Per Unified Development Code (UDC) 11-5A-5D, the applicant for all applications requiring a public hearing (except for a UDC text amendment, a Comprehensive Plan text amendment and/or vacations) shall post the subject property not less than ten (10) days prior to the hearing. The applicant shall post a copy of the public hearing notice of the application(s) on the property under consideration. The applicant shall submit proof of property posting in the form of a notarized statement and a photograph of the posting to the City no later than seven (7) days prior to the public hearing attesting to where and when the sign(s) were posted. Unless such Certificate is received by the required date, the hearing will be continued. The sign(s) shall be removed no later than three (3) days after the end of the public hearing for which the sign(s) had been posted. I am aware of the above requirements and will comply with the posting requirements as stated in UDC 11-5A-5. Applicant/agent signature Date Community Development a Planning Division n 33 E. Broadway Avenue, Ste. 102 Meridian, Idaho 83642 Phone: 208-984.5533 Fax: 208.888.6854 www meridimcitv.or olannine 5/22/2016 Mussel] Construction, Inc. Mail - Velvet Pointe Subdivision Name Reservation N1t110alaELL Kent Mussell <kent@mussellconstruction.com> CONSTRUCTION INC. Velvet Pointe Subdivision Name Reservation Sub Name Mail <subnamemail@adaweb.net> Fri, May 20, 2016 at 4:22 PM To: Kent Mussell <kent@mussellconstruction.com>, "Darin Holzhey (dholzhey@mseng.us)" <dholzhey@mseng.us> May 20, 2016 Kent Mussel] Mussell Construction Darin Holzhey Mason & Stanfield Engineering RE: Subdivision Name Reservation: "Velvet Pointe Subdivision" SE 114 SECTION 19, T3N, R1E, BM. Dear Kent and Darin, At your request, I will reserve the name "Velvet Pointe Subdivision" for your project. I can honor this reservation only as long as your project is in the approval process. Final approval can only take place when the final plat is recorded. This reservation is available for the project as long as it is in the approval process unless the project is terminated by the client or the jurisdiction or the conditions of approval have not been met. In which case the name can be re -used by someone else. Sincerely, Ada Coounty 2025 Ccdlaborrite innovate -Thrive www.adacounty2o:z5.com Jerry L. Hastings, PLS 5359 County Surveyor Deputy Clerk Recorder Ada County Development Services 200 W. Front St., Boise, ID 83702 (208) 287-7912 office (208) 287-7909 fax From: Kent Mussel][mailto:kent@mussellconstruction.com) Sent: Wednesday, May 18, 2016 2:06 PM https:llmail.google.comlmail/ul0l?ui=2&ik=14f9ffbe6e&view=pt&search=inbox&msg=154dO437e5df6e lb&sim1=154dO437e5df6e1 b 1/2 5/22/2016 Mussel) Construction, Inc. Mail -Velvet Pointe Subdivision Name Reservation To: Sub Name Mail Subject: Subdivision Name Verification Request Hello, would like to request the following name for a subdivision: Velvet Pointe Subdivision The location of the project is to be at Lot 5, Block 7, Salmon Rapids Subdivision No. 4, Ada County, parcel R7696680300. Developer Information: Kent Mussell Mussell Construction kent@musseliconstruction.com (208)739-3952 Surveyor Information: Darin Holzhey Mason Stanfield Engineering dholzhey@mseng.us (208)454-0256 Thank you, Kent Mussell Mussell Construction Project Manager Ph. 208.466.3331 Fx. 208.466.5717 https:llmail.google.comlmaillul0l?ui=2&ik=14f9ffbe6e&view=pt&search=inbox&msg=l 54d0437e5df6e lb&siml=l 54d0437e5df6elb 2/2 a b q 4_i b cr y w m .a � n k � b h N l% J" (D r _ a lot m � o q K m K, ,J d K W all k,\r"- f9 ra 0� F r m � n N � c ys� Y 0 N ¢PE o Li 1 3 �v E.g N u Q Wm um J y i N a b PLAT RECEIVED: May 20, 2016 ADA COUNTY STREET NAME EVALUATION Existing Streets Only DEVELOPMENT NAME: Lot 5, Blk 7 Salmon Rapids Sub No 04 AGENCY: Meridian TOWNSHIP/ RANGE/SECTION: 3N 1E 19 APPLICANT: Kent Mussell The street(s) associated with this development have been reviewed by the Ada County Assessor's Office for conformance with Chapter 1, Title 2 Ada County Code, There are no new street names associated with this development. Should street configuration change, a second review will be necessary and a signed Street Name Evaluation by the Ada County Street Naming Committee may be required. Any additional new street names will require a signed Street Name Evaluation by the Ada County Street Naming Committee. Final street names are subject to change due to design changes, time restraints and/or previous recorded plat street alignments. A copy of this evaluation must be presented to the Ada County Surveyor with final plat application, if applicable. THE FOLLOWING EXISTING STREET NAMES ARE APPROVED FOR THE DEVELOPMENT NOTED ABOVE: S. VELVET FALLS WAY ADA COUNTY ASSESSOR Representative a� ,.,,_ DATE (,a 5/23/2016 Mussell Construction, Inc. Mail -Request for Confirmation that Traffic Impact Study is not required MUSSELL Kent Mussell <kent@mussellconstruction.com> CONSTRUCTION INC. Request for Confirmation that Traffic Impact Study is not required 2 messages Kent Mussell <kent@mussellconstruction.com> Sun, May 22, 2016 at 8:11 PM To: Mindy Wallace <mwallace@achdidaho.org> Mindy, I am working on a final plat application for a parcel in Meridian, Parcel ID R7696680300, Lot 5 Block 7 Salmon Rapids Sub No. 4, Address TBD on S. Velvet Falls Way. The lot was previously a common lot for Salmon Rapids owned by the irrigation company, but I'm now purchasing it from the Irrigation Company and trying to replat it so that I can build my house on it. One of the checklist items on the plat application checklist is "Written confirmation that a traffic impact study or change of use is not required, or has been accepted for review by ACHD. Please contact Mindy Wallace at 387- 6178 or Christy Little at 387-6144 for more information." Since this is an existing lot in an existing subdivision, I'm guessing that a traffic impact study would not be required. Can you provide me with the appropriate written confirmation of this? Thank you, Kent Mussell Mussell Construction Project Manager Ph.208.466.3331 Fx. 208.466.5717 Mindy Wallace <Mwallace@achdidaho.org> To: Kent Mussell <kent@mussellconstruction.com> Kent, A traffic impact study is not required for this application. Please let me know if you have any other questions. Mindy Wallace, AICP Planner III Mon, May 23, 2016 at 7:18 AM Development Services Mps://maiI.google.com/mail/W0/?ui=2&ik=14f9f belie&view=pt&search=inbox&th=154db6lc735bf7fl&simI=154db6lc735bf7fl&siml=164ddc4636c5Ofb7 1/2 5/23/2016 Mussell Construction, Inc. Mail - Request for confirmation that Traffic Impact Study is not required 208-387-6178 From: Kent Mussell <kent@mussellconstruction.com> Sent: Sunday, May 22, 2016 8:11 PM To: Mindy Wallace Subject: Request for Confirmation that Traffic Impact Study is not required [Quoted text hidden] https://mail.google.com/mail/W0/?ui=2&ik=14fg8be6e&view=pt&search=inbox&th= 1 54db61c735bf7f1 &siml= 154db61c735bf7f1&siml= 154ddc4636c501b7 212 I II I I I IL I I L ,o'�