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C15, LLC Settlement and Release Agreement Irrigation Well Impressive Eastridge Subdivision t I 7 ADA COUNTY RECORDER Phil McGrane 2020-015082 BOISE IDAHO Pgs=4 BONNIE OBERBILLIG 02/06/2020 09:16 AM CITY OF MERIDIAN, IDAHO NO FEE j RECORDING REQUESTED BYAND I WHEN RECORDED RETURN TO: City Cleric City of Merldlan 33 E.Broadway Avenue Merldlan,ID 83642 SETTLEMENT AND RELEASE AGREEMENT This SETTLEMENT AND RELEASE AGREEMENT is made this 4th day of February,2020 by and between the City of Meridian,a municipal corporation organized under the laws of the State of Idaho,whose address is 33 East Broadway Avenue, Meridian,Idaho (hereinafter"City"),and C15 LLC,an Idaho Limited Liability Company (hereinafter"C15")(collectively,"Parties"). WHEREAS,C15 is the owner of parcel number R4207720800,legally described as Lot 17,Block 2 of Impressive Eastridge Sub No. 1,Meridian,Idaho,in Ada County, j Idaho (the"C15 Property"); WHEREAS,the C15 Property is the site of an irrigation well to provide landscape irrigation water to the Impressive Eastridge Subdivision; WHEREAS,the C15 Property is in the West Ada Area of Groundwater Concern which required the irrigation well to be constructed to a high standard to protect water quality for current and future users within Meridian'impact area. The well construction requirements were a condition of approval of the Impressive Eastridge Subdivision and were incorporated into a Development Agreement dated June 15,2018; WHEREAS,the irrigation well,as constructed,does not Rilly comply with the applicable well drilling standards and City has considered whether to require that the well be abandoned by C15 LLC(the"Dispute"); WHEREAS,as an alternative to abandoning the well,the parties have arrived at an alternative solution to settle the Dispute on the terms and conditions set forth herein. NOW,THEREFORE,in consideration of the premises and mutual promises contained herein,the Parties agree as follows; i I, ACCOMMODATIONS FOR WATER QUALITY TESTING AND COST REIMBURSEMENT. PAGE 1 A. C15 LLC shall reimburse City for the cost of water sampling by a professional hydrogeologist and lab analysis by a vendor/contractor of City's choosing,up to $2,600.00 B. C 15 LLC shall provide a point of contact for site visits and coordination necessary for City and City's contractor to set up sampling. C. C 15 LLC shall provide a sample tap at the well acceptable to City by June I 1, 2020. The sample tap must allow sample to be taken without exposure of water to atmosphere, and the sample tap shall be a permanent addition to the irrigation well system. D. C 15 LLC shall provide access to the welland water meter(or power records for the well, and pump/motor information) so City can determine the volume of water that has been pumped prior to sampling. E. C15 LLC shall accommodate City's need to perform the water sampling during the summer of 2020 when the well is in use. F. C 15 LLC and its successors and assigns shall allow City license and access to the sample tap to allow additional sampling at any time in the future. G. C 15 LLC shall provide City with a copy of the application that the well driller submitted to Idaho Department of Water Resources for this well. II. RELEASE. In consideration for C15 LLC's faithful performance of the terms of this Agreement, the City, for itself and its affiliates, successors, and assigns, hereby fully, completely, and forever releases,remises,and discharges C 15 LLC and its officers,employees,affiliates,and agents from any and all claims,actions,causes of action,lawsuits,suits,demands,damages, injuries, losses, costs, and liabilities whatsoever, whether currently known, unknown, or which may arise in the future,resulting from,arising out of,or in any way connected to the construction of the irrigation well at the C15 Property,the Dispute,or the underlying facts giving rise to the Dispute. Nothing in this Agreement is meant to, and does not, release claims and remedies for breach of this Agreement or relieve any party hereto of its obligations under this Agreement.Nothing in Agreement is meant to,and does not,amend the terms and conditions of the Development Agreement applicable to the Impressive Eastridge Subdivision. �•J Meridian City Council Meeting Agenda February 4,2020— Page 194 of 298 PAGE 2 i ; III.GENERAL PROVISIONS. A. TIME IS OF THE ESSENCE, The Parties acknowledge and agree that time is strictly of the essence with respect to each and every term, condition, and provision of this Agreement, and that the failure to timely perform any of the obligations hereunder shall constitute a breach and default hereunder by the Party so failing to perform. B. RECORDATION. City shall record this Agreement, at City's cost. C. BINDING UPON SUCCESSORS. This Agreement shall be binding upon any and all owners of the C 15 Property , any and all subsequent owners thereof, and each and every other person acquiring an interest in the C15 property. Nothing herein shall, or shall be construed to, in any way prevent the sale or alienation of the C 15 Property, or any portion thereof, except that any sale or alienation shall occur subject to the provisions of this Agreement, and any successive owner or owners shall be both benefited and bound by the conditions and restrictions herein expressed. D. SEVERABILITY. If any provision of this Agreement is held invalid by a court of competent jurisdiction, such provision shall be deemed to be excised herefrom and the invalidity thereof shall not affect any other provision or provisions contained herein. E. ATTORNEY FEES. Should any litigation be commenced between the parties hereto concerning this Agreement,the prevailing party shall be entitled, in addition to any other relief as may be granted,to court costs and reasonable attorney fees as determined by such court. This provision shall be deemed to be a separate contract between the Parties and shall survive, inter alia, any default,termination, or forfeiture of this Agreement. F. COMPLIANCE WITH LAWS. Throughout the course of this Agreement,the Parties shall comply with all applicable laws, ordinances, and codes of Federal, State, and local governments. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Idaho, and the ordinances of the City of Meridian. G. ADVICE OF ATTORNEY. Each party warrants and represents that in executing this Agreement, it has received independent legal and financial advice from its attorney and/or financial advisor, or has had adequate opportunity to seek such advice. H. APPROVAL REQUIRED: This Agreement shall not become effective or binding until approved by the City Council of the City of Meridian. IN WITNESS WHEREOF,the parties hereto have executed this Agreement on the date first written above. i C15 LLC: STATE OF IDAHO ) SS: Meridian City Council Meeting Agenda February 4,2020— Page 195 of 298 PAGE 3 i I j 1 e i County of I HEREBY'CERTIFY that on this 1P dayofjAk--ivy ZUz D 7ini C ger,T .. nb1q1;, before the undersigned,a Notary Public in the State ��.�! ENE J •�e�o of Idaho,personally appeared1lin I).Conger,proven eP•••�i•..eQl�'ff�.'� tome to be a Menitier of C15 I LC who.executed the �a; •, yr said instrument,and acluiowledged to that said t 1yOTAR 1, 11. Linnited Liability Company executed the same, AUB Ll M IN WITNESS WHEREOF,I have hereunto set my hand and affixed my official seal,the day and year in i j`•:9, ,{�;•'p , this cerf' c to first above written: •q•r�„O +r•A4• Notary Public for Idaho Residing at Idaho My Commission Expires: CITY OF MERIDIAN: BY: Robert B. Simis ayor. o�P� D AU���T; i Attest: $ {iw of s;o so �nnHo � I SEAT. STATE OF IDAHO ) ss: County of ) I HEREBY CERTIFY that on this'day of { P ,2020 before the iindersigned,allotary Publi the State of Idaho,personally appeared Robert E.Simison and Chris Johnson,the Mayor and: City Clerk,respectively,of the City of Meridian who did execute and-attestthe said instrument,and { acknowledged to me that said City of Meridian CHARLENE WAY executed the same, COMMISSION 067390 IN WITNESS WHEREOF,I have hereunto set my NOTARY PUBLIC hand and affixed my official seal,the-day and year in � STATE OF IDAHO this certificate first above written, ; Y COMMISSION EXPIRES8/22 o-pijv . Notary Publi' also, Residing of S-AJ d-L� ,Idaho My Commission Expires:3. a -..�1__ OA I i I PAGE 4