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CC - Narrative ALPHA DEVELOPMENT GROUP November 10, 2021 Mr. Joseph Dodson City of Meridian /Community Development 33 E. Broadway Avenue Meridian, Idaho 83642 RE: Request for Development Agreement Modification Mr. Dodson, Alpha Development Group, under the ownership entity Alpha R-15 Boise, LLC, is the current owner of 16.608 acres of undeveloped land located within the limits of the City of Meridian. This single parcel is identified as Parcel SO427438410 on the Ada County records and specifically located on the north side of West McMillan Road and flanked by North Vicenza Way on the east and North San Vito Way on the west. The current zoning designation is R-15 within the City of Meridian zoning ordinance. This parcel is currently under an existing development agreement referenced as Summerwood Subdivision (H-2019-0001). This development agreement was executed by the previous landowner on June 25, 2019 and recorded the following day as instrument 2019-055407 in Ada County. As the current landowner, we are requesting a development agreement modification to remove this parcel from the Summerwood Subdivision agreement and create a new agreement to govern the development of the property. Specific items that we would ask to include in the agreement are: 1. Owner/developer is allowed to develop this property consistent with the current zoning designation of the property (R-15). Under the current zoning, the owner/developer will develop a maximum of 249 units on the subject property. 2. Owner/developer will NOT participate in any of the Homeowner's Associations related to Bridgetower communities or any other surrounding associations. Owner/developer will provide common area amenities specific to this property. 3. Future development of this property will generally comply with the conceptual site plan submitted as part of the request for development agreement modification, including the construction of townhomes and apartment flats that comply with the current R-15 zoning requirements at the time of zoning compliance submittal. Owner/developer agrees to adhere to City of Meridian's ordinances and processes throughout the development of the subject property. 4. Project plans shall be submitted as a single project for review and approval, however this project may be developed in a single or in multiple phases. Occupancy can also be achieved in phases providing that life safety measures are satisfied prior to receiving a Certificate of Occupancy. 166 East 14000 South Suite 110, Draper, UT 84020 1801.708.7048 1 www.live-alpho.com ,,000004,**� ALPHA DEVELOPMENT GROUP 5. Owner/developer will provide a minimum of 30% open space over the property. The definition of open space shall follow the open space definition found in the City of Meridian Unified Development Code. 6. Owner/developer anticipates connecting directly to the City of Meridian existing infrastructure and paying its proportional share of system and impact fees. Owner/developer does not anticipate participating in, connecting to, or being party to any type of reimbursement of infrastructure installation cost back to the Master Developer of the Bridgetower communities. 7. Owner/developer agrees to make, at its own cost, any alterations, additions, or modifications to existing roads required under the direction of ACHD. 8. If owner/developer, during development of the property, is required to upgrade any part of the city's infrastructure as part of a capital facilities plan, owner/developer and city agree to enter into a reimbursement agreement to reimburse owner/developer for infrastructure upgrades. Thank you in advance for the time and consideration provided to allow us to modify this existing development agreement. We look forward to partnering with the City of Meridian to develop a successful project. Feel free to contact me with any questions or comments related to this request. Warm regards, A14v<� Brad Watson Development Manager Alpha Development Group 166 East 14000 South Suite 110, Draper, UT 84020 1801.708.7048 1 www.live-alpho.com ALPHA DEVELOPMENT GROUP �I x mow• =__�-_. I MAW M1 � ' 4,41 - — 4,41 I I � y ar1 r r �J 166 East 14000 South Suite 110, Draper, UT 84020 1801.708.7048 I www.live-alpho.com