Loading...
Market Square MDA 09-003ADA COUNTY RECORDER J. DAVID NAVARRO AMOUNT .00 ~ -- BOISE IDAH012109109 12:~ PM DEPUTY vea Batt ~~~ ~~~~~I~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~ RECORDED-REQUEST OF 1El'~1~7023 Marldian City FIRST AMENDMENT TO DEVELOPMENT AGREEMENT PARTIES: 1. City of Meridian 2. Brighton Properties, LLC, Owner 3. T. J. Brown, Developer THIS FIltST AMENDMENT TO DEVELOPMENT AGREEMENT is dated this °~ day of 1~-~-~-V-11~-~k' , 2009, ("AMENDMENT", by and between CITY OF MERIDIAN, a municipal corporation of the State of Idaho ("CITY"), and Brighton Properties, LLC ("OWNER"), whose address is 12601 W. Explorer Drive, Ste, 200, Boise, ID 83713, and T. J. Brown, ("DEVELOPER"), whose address is 9490 Fairview Avenue, Boise, ID 83704. RECTTALS A. CITY and OWNER and/or DEVELOPER'S predecessors-in-interest entered into that certain DEVELOPMENT AGREEMENT dated on July 9, 2004 and recorded on August 20, 2004 as Instrument # 104107404 on real property more particulazly described in the Agreement. OWNER/DEVELOPER is now requesting certain changes to the Agreement and, following public hearing, which was duly noticed, City agreed to amend the Agreement as set forth in this Amendment. B. CITY and OWNER and/or DEVELOPER now desire. to amend the Development Agreement by updating the overall site plan to reflect development that-has already occurred on the site as well as proposed development. NOW, THEREFORE, in consideration of the covenants and conditions set forth herein, the parties agree as follows: 1. OWNER and/or DEVELOPER shall be bound by the terms of the Development Agreement, except as specifically amended as follows: Section 6 - CONDTITONS GOVERNING DEVELOPMENT OF SUBJECT PROPERTY: B.3. a. Include the updated overall site plan to reflect development that has already occurred on the site as well as proposed development, attached hereto as Exhibit A (which replaces Exhibit C of the original Development Agreement). FIItST AMENDMENT TO DEVELOPMENT AGREEMENT (MDA 09-003 MARKET SQUARE) PAGE 1 OF 5 2. That Owner and/or Developer agrees to abide by all ordinances of the City of Meridian and the Property shall be subject to de-annexation if the Owner and/or Developer, or their assigns, heirs, or successor shall not meet the conditions of this Amendment, and the Ordinances of the City of Mexican as herein provided. 3. This Amendment shall be binding upon and insure to the benefit of the parties' respective heirs, successors, assigns and personal representatives, including City's corporate authorities and their successors in office. This Amendment shall be binding on the Owner and/or Developer of the Property, each subsequent owner and any other person(s) acquiring an interest in the Property. Nothing herein shall in any way prevent sale or alienation of the Property, or portions thereof, except that any sale or alienation shall be subject to the provisions hereon and any successor owner or owners shall be both benefited and bound by the conditions and restrictions herein expressed. City agrees, upon written request of Owner and/or Developer, to execute appropriate and recordable evidence of termination of this amendment if City, in its sole and reasonable discretion, had determined that Owner and/or Developer have fully performed its obligations under this amendment. 4. If any provision of this Amendment is held not valid by a court of competent jurisdiction, such provision shall be deemed to be excised from this Amendment and the invalidity thereof shall not affect any of the other provisions contained herein. 5. This Amendment sets forth all promises, inducements, agreements, condition, and understandings between Ownerand/or Developer and City relative to the subj ect matter herein, and there aze no promises, agreements, conditions or under-standing, either oral or written, express or implied, between Owner and/or Developer and City, other than as aze stated herein. Except as herein otherwise provided, no subsequent alteration, amendment, change or addition to this Amendment shall be binding upon the parties hereto unless reduced to writing and signed by them or their successors in interest or their assigns, and pursuant, with respect to City, to a duly adopted ordinance or resolution of City. a. Except as herein provided, no condition governing the usesand/or conditions goven~ing development of the subject Property herein provided for can be modified or amended within the approval of the City Council after the City has conducted public hearing(s) in accordance with the notice provisions provided for a zoning designation and/or amendment in force at the time of the proposed amendment. 6. This Amendment shall be effective as of the date herein above written. 7. Except as amended by the Amendment, all terms of the Agreement shall remain in full force and effect. FIRST AMENDMENT TO DEVELOPMENT AGREEMENT (MDA 09-003 MARKET SQUARE) PAGE 2 OF 5 ACKNOWLEDGMENTS IN WITLESS WHEREOF, the parkies have herein executed this Amendment and made it effective as hereinabove provided. OWNER: Brighton Properties, LLC By: DEVELOPER: ~_ T. .~~ CITY OF MERIDIAN Mayor Tammy de Weerd Attest: Jaycee L. Holman, City Clerk FIRST AMENDMENT TO DEVELOPMENT AGREEMENT (MDA 09-003 MARKET SQUARE) PAGE 3 OF 5 ACKNOWLEDGMENTS IN WITLESS WHEREOF, the parties have herein executed this Amendment and made it effective as hereinabove provided. OWNER: Brighton Properties, LLC By: - ~ ~- DEVELOPER: T. J. Brown CITY OF MERIDIAN ~~ Mayor T y e Weerd \``~~~~~~rrirr urr~~~~'' Attest: `\`\``~~~~`~ p~ j®~ ~~,,~~~'''' ~~,~'o~TF ~y aycee L. loran, City Clerk = ~~~L s ~ moo"' c ~~~~rrirrrni n~~~~~N` FIItST AMENDMENT TO DEVELOPMENT AGREEMENT (MDA 09-003 MARKET SQUARE) PAGE 3 OF 5 STATE OF IDAHO ) ss. County of ) On this day of ~~~/V 2009, before me, the undersigned, a Notary Public in and for said State, personally appeared ~tl L~ ~~ ,known or identified to me to be ~e Gi 1'V~t*yl.lafi~ of Brighton Properties, LLC, the Idaho limited liability company that executed the within and foregoing instrument, or the person who executed the instrument on behalf of said Idaho limited liability company, and acknowledged to me that such Idaho 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. w~f ~'~~°~e~+~~ _ ~ ~ " r • r. ~i ~ !~ °~ ~ 1 ~~ ~~ `~~ ~~~ ~., ~ tea,, ~,~, ~* t ~ I~~1~~~~~~~ STATE OF IDA~b ) ss. County of On this day of~ Notary Public in and for said Stat to be the person that executed the he executed the same. i Notary Public for Id o My commission expires: ~ orally appeared T. and foregoing ii}~' ;fore me, the undersigned, a m, known or identified to me and acknowledged to me that IN WITNESS WHEREOF, I have her set my hand and affixed my official seal the day and year in this certificate first abov 'tten. Notary Public for Idaho Residing at: My commission expires: FIItST AMENDMENT TO DEVELOPMENT AGREEMENT (MDA 09-003 MARKET SQUARE) PAGE 4 OF 5 STATE OF IDAHO ) ss. - - - County of On this day o 2009, b ore me, the undersigned, a Notary Public in and for said State,~nally appeazed known or identified to me to be the of Brighton Properties, LLC, the Idaho limited liability company that execute within d foregoing instrument, or the person who executed the instrument on behalf of s ' daho limited liability company, and acknowledged to me that such Idaho limited liab' ' ,parry executed the same. IN WITNESS WHEREOF, I have her to set my han~nd affixed my official seal the day and yeaz in this certificate first above tten. \~ Notary Public for Idaho Residing at: My commission expires: STATE OF IDAHO ) ss. County of ) On this 3rd day o~ 2 C~~1~ , 2009, before me, the undersigned, a Notary Public in and for said State, personally appeazed T. J. Brown, known or identified to me to be the person that executed the within and foregoing instrument and acknowledged to me that he executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and yeaz in this certificate first above written. ;1~..~~..~..,,• ~~ v. sr •••,. . •G~ o•.....~F~l •• (~~ ~ ;.••• pT AR r ~ ~•: No blic for Idaho * _ ~ ~.. _ * ? Resi at: ~ ~. ~-a.,~.o '•• pU BLDG .~ My commission expires: S 13 20 ~ Z- .,~,. , 9 ~ 8 .. a l~ 4 . ' ~~. . ,~ FIRST AMENDMENT TO DEVELOPMENT AGREEMENT (MDA 09-003 MARKET SQUARE) PAGE 4 OF 5 STATE OF IDAHO ) ss County of Ada ) c~-rh On this O day of ~l. ran bed , 2009, before me, a Notary Public, personally appeared Tammy de Weerd and Jaycee L. Holman, known or identified to me to be the Mayor and Clerk, respectively, of the City of Meridian, who executed the instrument or the person that executed the instrument of behalf of said City, and acknowledged to me that such City 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. ~.....~~ • ,•1GA JOB • A ,~~i „~ ~ ~1 ~ ~ • . 'e ~ %o. ~•.`I fE OF ~•• ..~~,~.• C tary Publ for Idaho e iding at: Kung ~ l c~ako Commission expires: of - owl ' ~c~y FIItST AMENDMENT TO DEVELOPMENT AGREEMENT (MDA 09-003 MARKET SQUARE) PAGE 5 OF 5 ~f~ I~[b~lb## .A~ ~;- proposed bite Development PIan - •.•:~ ea~o crRnesa aat~o . ,.s r a ~; ;. ,~ ~ a ~ r ~, x: i ., (. r ~~ -, wa. l -w ~ i ~t ati ~- .m .~ ~:. ~~}~ amS„~ err' ~~''/~ htbi~ ~~! -,z _ ~ , fl ~ 100' a: m; J ~: ~ 1 ~ 1 1 P i i • I