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Home My Public Portal AboutRES-CC-2016-02CITY OF MOAB RESOLUTION #02-2016 A RESOLUTION APPROVING THE IMPROVEMENTS AGREEMENT FOR THE MICHAUD RENTAL UNITS LOCATED AT 165 WEST CENTER STREET INCLUDING ACCEPTANCE OF CASH -IN -LIEU FOR THE CONSTRUCTION OF IMPROVEMENTS TO FUTURE CURB, GUTTER, AND SIDEWALK WHEREAS, Tracy and Shari Michaud residing at 559 Sundial Drive Moab, Utah 84532, as the "Owners" of record of a .18 acre (7,781 square feet) parcel of land located in the C-2 (Commercial Residential Zone) at 165 West Center Street, Moab, Utah, has applied for the approval of a commercial site plan on said property; and WHEREAS, Owners are proposing to construct a new two -unit structure for the intent of a short term rental business with the attendant parking, landscaping, and storm water structures as required by the Moab Municipal Code (MMC). WHEREAS, the use of short term rentals are a permitted use in the C-2 Zone as established in MMC Chapter 17.21.020; and WHEREAS, on August 10, 2016, Owners provided the City of Moab with the necessary documents, plans and drawings to complete the application for review of the commercial site plan as required in Code Chapter 17.09.660; and WHEREAS, the City of Moab Engineering and Public Works Departments, through a review of the required public improvements for the development of said property, determined that the construction of required improvements at this time would be not be in the best interests of the city; and WHEREAS, Owner has agreed to a cash -in -lieu payment of construction as a preferred means to proceed with the development and will submit payment within thirty days of City Council approval of Resolution #02-2016. NOW, THEREFORE, be it resolved by the Moab City Council, with the adoption of Resolution #02-2016, hereby approves the submitted Improvements Agreement (attached) for the Michaud Rental Units at 165 West Center Street and the Council directs the Mayor to sign the Agreement. PASSED AND APPROVED in open Council by a majority vote of the Goveming Body of Moab City Council on February 9, 2016. David L. Sakrison, Mayor ST: Rachel Stenta, ' ecorder IMPROVEMENTS AGREEMENT The CITY OF MOAB, a Utah municipality (City), and East Vl I Moab, LLC (Developer) mutually referred to as the Parties, hereby enter into the following Improvements Agreement: I. RII CIITALS. A. City has exercised its zoning powers with respect to a land use project undertaken by the Developer, B. Developer intends to develop a hotel at 132 North Main Street, Moab, Utah, currently referred to as the Homewood Suites Project (the "Project"). C. Developer has submitted, and the City has approved. all construction plans and specification for the Project. D. The Parties have identified certain deficiencies in the t 00 West sewer which would be impacted by the Project, and which would ordinarily require that Developer upgrade same in conjunction with its planned construction of the Project. E. The City plans to undertake additional upgrades of the 100 West sewer lines for reasons unrelated to the Project, and the parties agree that a cash contribution by Developer should be applied .toward the cost of the 100 West Sewer Project, which will encompass improvements which would otherwise be required by Developer. II, AGREEMENT 1. Incorporation of Recitals. This Agreement incorporates the Recitals above. For valuable consideration, the receipt of which is hereby acknowledged, it. is agreed as follows. 2. Covered Property. The Project is legally described in Exhibit A, attached. 3. Developer Deposit. In lieu of being required to upgrade the (00 West sewer adjacent to the Project, the Developer agrees to pay, and the City agrees to accept the sutra of twenty thousand dollars ($20,000.00) from Developer (the Payment in Lieu). This sum will paid contemporaneous with approval of the final Site Plan for the Project, but in any event no later than thirty (30) days from the date of execution of this Agreement by all parties. 4. Application of Payment in Lieu. The City shall apply the Payment in Lieu towards the following: replacement of one manhole and approximately two hundred fifty (250) feet of eight inch (8") sanitary sewer within 100 West Street to the intersection with Walnut Lane. The work shall be undertaken by the City without further cost to the Developer. The timing and conduct ofthe construction shall be at the discretion of the City. 5. Approval. Upon receipt of the Payment in Lieu the City shall be deemed to have approved all plans and specifications for the Project and Developer shall be authorized to commence construction ofthe Project in accordance with the submitted plans and specifications. Page 2 of 3 6, Other Obligations. Nothing in this Agreement shall be deemed to abrogate Developer's obligation to pay applicable impact fees, connection fees, building permit, or other similar fees which may apply at later stages of the Project. 7. General Provisions. This Agreement shall be binding on and inure to the benefit of the successors and assigns of Developer in the ownership or development of all or any portion of the Project or the Covered Property. Prior to assigning any or all of his rights and duties under this Agreement Developer shall obtain from any transferee a written assumption acknowledging and agreeing to be bound by this Agreement. (a) This Agreement is the product of mutual bargaining. All terms shall be construed in accordance with their plain meaning, regardless of the extent to which either party participated in the drafting, (b) Failure of a party to exercise any right under this Agreement shall not be deemed a waiver of any such right, nor shall any course of dealing or previous action or inaction be deemed a waiver of any rights or claims arising with respect to later or subsequent breaches, acts or omissions. The term "Agreement" includes this Improvements Agreement, and all related design drawings, which documents shall constitute the sole and complete Agreement between the parties. The Agreement shall supersede all prior Agreements or representations, however evidenced, pertaining to the matters covered herein_ No modifications to any of the terms of this Agreement shall be binding, unless reduced to writing and lawfully executed by both parties. The place of performance of this Agreement is Grand County, Utah. In the event of any legal dispute concerning the subjects of this Agreement, the parties stipulate to venue in the Seventh Judicial District Court, Grand County, Utah. In any such proceeding the parties waive trial to a jury on all claims and agree that the action shall be tried to the court. In any legal proceeding concerning the terms of this Agreement the substantially prevailing party shall be entitled to recover its reasonable attorney fees and court costs in addition to any other relief authorized herein. This Agreement shall be governed by Utah law. This Agreement does not create any third party beneficiary rights. It is specifically understood by the parties that; (i) the Project is a private development; (ii) the City of Moab has no interest in, responsibilities for, or duty to third parties concerning the Project, unless otherwise provided in this Agreement; (iii) except as otherwise provided herein, Developer shall have full power and exclusive control of the Covered Property. (h) The provisions of this Agreement are severable, and if any portion should be held to be void or unenforceable, then the remainder of this Agreement shall be construed to be in full force without reference to the invalid provision. (i) In the event of any legal dispute concerning this Agreement neither party shall be liable to the other for consequential damages, lost profits, or delay related (c) (d) (e) (i (g) Page 3 of 3 damages of any kind. (j) All notices under this Agreement shalt be given in writing by first class or certified mail, postage prepaid, and delivered to the following addresses: To the City of Moab: City of Moab 217 Fast Center Street Moab, Utah 84532 Attn: City Manager To Developer: East VH Moab, LLC Cyprus Creek Road, i#203 Cedar Park Texas 78613 Attn: Justin Mabey. (k) Notice may be delivered to such other parties or addresses as the parties may designate in writing from time to time. (1) All parties acknowledge that this is a fully valid and binding agreement, entered into after having obtained ail necessary authority. Approved and accepted on the date(s) Set forth below. I Ci h' OF MDR: • %r Maycr- David I,. Sakrison A'E"PEST: _,I i 1 Rachel Stenos City Recorder EAST" V-H( MOA LLC: By. Ti Attachment: Exhibit A, Covered Property Description Date 6 -4)3-1_5 .Date Date :a.• 4. 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(., MI < •. a1, in•. 1•s••• a 1441 Isla. mrr m 1.m eves mree GEff@ 074227 .0U141 M MOGI 24 •GIa 1001402 MM. 1. %proser x :OVir IMpil. 71 te'52. ,u1 •r1 Gov a UMW. ALTA Boundary Survey 132 NORTH MAIN STREET MOAB, LIT 84512 EAST AVENUE DEVELOPMENT, • ar.1 CV Do•. ••/A/v, Moab City Corporation 217 East Center Street Moab, Ut 84532 435.259.5123 Receipt No: 170765 Receipt Date: 02/12/2016 Timestamp: 02/12/2016 11:38 AM Payor: TRACY & SHARI MICHAUD TRACY & SHARI MICHAUD-IMPROVEMENTS AGREEMENT FOR 165 WEST CENTER ST 4136237 DEVELOPER FEES Check 472 Tendered Amount: Cash Back: Total Applied: 4,450.00 $4,450.00 $4,450.00 $4,450.00 $0.00 $4,450.00