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HomeMy Public PortalAboutAGMT-IMPV-ENTRADAFIRST AMENDEMENT TO SU;.DIVISION IMPROVEMENTS AND DEVELOPMENT AGREEMENT Entrada at Moab, Phases One through Seven, Master Planned Development For valuable consideration, the City of Moab, a Utah municipality (City), and Snow Hound Moab, LLC (Subdivider) enter into this First Amendment to the Subdivision Improvements and Development Agreement, effective April 15, 2015 (Agreement), as follows: 1. Validity. The parties affirm the validity and continued effect of the Agreement; this amendment shall constitute a written modification of same. 2. Extension. The parties acknowledge that Subdivider has trade substantial progress towards the completion of the improvements required by the Agreement, but that the improvements are not complete. The parties agree to extend the date for the completion of required improvements, per Section 8 of the Agreement, to April 9, 2016. 3. Financial Guaranty. Pursuant to Section 11 of the Agreement, the Subdivider has delivered to the City an In -evocable Letter of Credit issued by Wells Fargo Bank, N.A., No. IS0348708U (the LOC), in the amount of two hundred nine thousand two hundred forty eight dollars (S209,248.00) as a financial assurance to secure the completion of improvements required under the Agreement. The City accepts the LOC as an acceptable financial assurance. 4. Plat li.ecording. Upon execution of this Amendment, Subdivider shall be entitled to record final plats for Phases One through Three (1-3) of the Subdivision. The City will cooperate in the prompt execution of same, provided that the plat(s) otherwise comply with this Agreement and prior development approvals. 5. Assignment. Subdivider represents and warrants that it has assigned the real property comprising the Subdivisions to an entity, C2 Moab, LLC, a Utah limited liability company (C2 Moab), which will assume all of its obligations under the Agreement. The City hereby authorizes the assignment of the Agreement, and C2 Moab hereby warrants and represents that: a) it is the owner in fee simple of the real property comprising the Subdivision; and b) it assumes all obligations of Subdivider pursuant to the Agreement and all related land use approvals for the Subdivision. Subdivider and C2Moab each warrant and represent that they execute this amendment to the Agreement after having obtained all required authority, and that this is a valid and binding obligation of the parties. 6. Notice. For all purposes C2 Moab shall be substituted as the Developer under the Agreement. Notices to Developer shall be sent to: C2 Moab, LLC 10266 Oak Creek Lane Highland, UT 84003. 1 FIRST A,AIENDEMIENT TO SUBDIVISION ➢MPR VEMENTS AND DEVELOPMENT AGREEMENT Entrada at Moab, Phases One through Seven, Master Planned Development, Signature Page Approved and Accepted on the Date(s) set forth below. C? MOAB, LLC By: Title: AIvacreAr 'e?AArA..00,‘ SNOW HOUND MOAB, LLC Title: V1na.,cky. ✓ CITY OF MOAB By: David Sakrison, Mayor Attest: i4 �1v �1S Date it 1io11S Date 14) 14-1/zey Date �cik.CAL-P G- l5 Rachel Stenta, Recorder Date SUBDIVISION IMPROVEMENTS AND DEVELOPMENT AGREEMENT For Entrada at Moab, Phases One through Seven Master Planned Development For valuable consideration, the CITY OF MOAB, a Utah municipality (City), and Snow Hound Moab, LLC, (Subdivider) mutually referred to as the "Parties", do hereby enter into the following Subdivision Improvements and Development Agreement (the Agreement), pursuant to Moab Municipal Code (City Code) Sections 16.20 and 17.65.120, to govern the development of the subject property and the installation of subdivision improvements required by City Code. I. RECITALS. A. The City Planning Commission (Commission), as the recommending body to the Land Use Authority For preliminary subdivision plat and Master Planned Development approval, after following all required procedures and meeting noticing requirements, approved a Preliminary flat for the Entrada at Moab Master Planned Development (MPD) on April $, 2014 (the Subdivision). B. On August 10, 2014, the Commission, after following all required procedures and meeting notice requirements, recommended conditional approval of the final plan for Phases One through Three of the Entrada at Moab MPD to the Moab City Council (Council). C. The Council, as the Land Use Authority for Final Plat approval, approved the final plan for Phases One through Three of the Entrada at Moab, MPD at its regular City Council meeting on, .qAviy; , 0-f 2015. D. SUBDIVIDER has submitted to CITY for its review construction plans and specifications entitled ENTRADA AT MOAB MPD CONSTRUCTION DRAWINGS SURFACE AND UTILITY IMPROVEMENTS (sheets �10g C rp '1�a1� P3, VD3 inclusive, dated tk�- 1 3 . , 2015 ft_mol - �ao3 _G1 pD~ i, ). having been prepared by Focus Engineering and bearing the stamp of a licensed Professional Engineer and landscape plans having been prepared by Bratt, Inc. and bearing the stamp of a licensed Landscape Architect, attached as Exhibit A (the Construction Plans). The Construction Plans show in sufficient detail the Required Improvements for the Subdivision. II. AGREEMENT IN CONSIDERATION OF THE ABOVE PREMISES, THE PARTIES HEREBY AGREE AS FOLLOWS: 1. Covered Property. The recitals above are incorporated into this Agreement. The real property in the County of Grand, State of Utah, subject to this Agreement (the Entrada at Moab MPD Phase 1-7 SIA Page 2 of 12 Property) is described as follows: Section 35; Beginning at a point which bears North 38.8 feet and West 384.0 feet from the Southeast Corner of section 35, Township 25 South, Range East.. SLM; thence North 89°50' East 435.3 feet; thence North 114.5 feet; thence South 89'54' West 100 feet; thence north 261 feet; thence North 89° 56' East 575.3 feet; thence South 377.2 feet to point of beginning. 2. Payment of Fees; Approved Land Uses. Subdivider agrees to pay all in -effect City fees applicable to the Subdivision, including but not limited to, impact fees, connection fees, building permit fees, and applicable inspection fees. Applicable fees shall calculated and paid at the time of connection or the time when the service is performed. The uses permitted in the Subdivision shall correspond with the residential uses as established for the C-2 Zone in Moab Municipal Code Section 17.45. Subject to the conditions in this Agreement, the Property has been authorized for the following uses and activities: APPROVER LAND USES FOR THE PROPERTY: Usage/Density Acreage Percentage of Project Acreage 45 townhome units/lots 1.37 30 Clubhouse/Pool Area .32 7 Open Space Passive Active 1.915 .15 1.765 42 Streets, Roads, Parking .995 21 Total Acreage 4.6 100 a). The configuration of the Subdividion and the uses therein shall conform to the Construction Documents as set forth in this Agreement. 3. Phasing Plan. The Subdivision will be constructed in seven phases, as set forth in the Phasing Table attached as Exhibit B. Subject to compliance with this Agreement, the Subdivider may submit for approval by the City and recording separate final plats encompassing one or more phases of the Subdivision. Entrada at Moab MPS Phase 1-7 SIA Page 3 of 12 4. Required Improvements. Subdivider shall construct all of the improvements to the Property shown on the Construction Plans, and as described in the Subdivision Improvement Schedule attached as Exhibit C (the Required Improvements). Required Improvements shall include the public improvements shown on the Construction Plans, as well as the following: (a) Site clearing and removal of obstructions; (b) General site grading of the Property; (c) Site utilities, including culinary water lines, fire hydrants, and sanitary sewer lines; (d) Streets, curbs, gutters, and sidewalks; (e) Street striping, signage, and street lights; (f) Storm water drainage facilities; (g) Non -motorized pathways; (h) All landscaping, irrigations systems, fencing, or other visual screening required as a condition of approval; {i} all electric utility lines, cable television/data, and telephone lines; and 6) all incidental improvements necessary or specified for use and occupation of the Subdivision. 5. Phase One through Three Improvements. Phase One through Three improvements include: a) site grading for the entire Property; b) construction of the curbs, gutters, sidewalks, and street paving as shown for Phases One through Three; c) construction of a sidewalk twelve (12) feet in width along the frontage of 400 North Street; d) culinary water line replacement in 400 North Street; e) inspection and (if necessary) replacement of the storm drain in 400 North Street, as determined by the City; f) installation of all culinary water lines and sewer lines as necessary to serve Phase One through future Phase Seven; g) installation landscaping equal to that shown on the North boundary of the Property (Landscape Plan L101) along the East boundary of the Property; and h} all other Required Improvements to serve Phases One through Three. a) The parties acknowledge that the phasing plan contemplates the installation of utilities in advance of approval of development plans for future Phases Four through Seven. With respect to culinary water and sewer lines to be constructed in within the areas planned for future Phase Pour through future Phase Seven, the Subdivider agrees to promptly convey a utility easement to the City encompassing the areas occupied by those public improvements as set forth in Exhibit D. b) This Agreement and the accompanying land use approvals by the City are expressly subject to the condition precedent that the State of Utah Division of Environmental Quality (DEQ) approve a written special exception with respect to Utah Administrative Code R309-550-7 pertaining to the proximity and alignment of the proposed culinary water and sewer lines in the Construction Plans. In the event that the special exception is not approved by Utah DEQ, this Agreement and the accompanying land use approvals shall be void and of L(/ Entrada at Moab MPb Phase 1-7 SIA Page 4of12 no further effect. 6. Phase Four through Seven Improvements. Improvements for Phases Four through Seven shall include the construction of all other Required hmprovements for each phase. 7. Improvements to be Completed in Conformance with Construction Plans. All Required Improvements shall be constructed in a workmanlike manner and in conformity with the approved Construction Plans. No deviations from the Construction Plans shall be permitted, except as authorized in writing by the City Engineer upon a showing of good cause. In addition, all Required hnprovements shall be completed in conformance with the City of Moab Public Improvement Specifications, applicable building codes, and all state and federal regulations, as applicable. Where discrepancies occur between the Construction Plans and the listed reference standards, the reference standard shall prevail. 8. Timeline for Completion. Construction of the Required Improvements shall not commence until the Effective Date of this Agreement. Construction of all Required Improvements for Phases One through Three shall be completed within one hundred eighty (180) days from the Effective Date of this Agreement. a). Construction of Required Improvements for Phases four through Seven shall be completed within one hundred eighty (180) days from the date of approval of the final plan by the City Council of those phases. b). A reasonable extension of time for the completion of the Required Improvements for any phase may be granted, at the discretion of the City Council, upon a showing by the Subdivider that there is good cause for an extension and that the work has been diligently prosecuted from the Effective Date of this Agreement or the approval of any particular phase, as applicable. c). If the construction of the Required Improvements is not completed and accepted within the timelines specified herein, or as lawfully extended, then the Subdivision and all development approvals shall be deemed lapsed and shall have no further effect. 9. Lot Sales. Building Permits, Plat Recording. No Building Permits will be issued until such time as all of the Required Improvements are completed in accordance with the phasing plan in this Agreement and, with respect to public improvements, accepted by the City. No final plat for the Subdivision, or any phase thereof, shall be executed by the City or submitted for recording until such time as either: a) all of the Required Improvements are completed in accordance with the phasing plan in this Agreement and, with respect to public improvements, accepted by the City; or b) a Financial Assurance conforming to Section 11 is delivered to the City. Subdivider shall not convey or purport to convey any lot within the Subdivision prior to the recording of the final plat for the phase in which that lot is situated. Any purported conveyance of lots by Subdivider prior to approval and recording of a final plat for any phase of the Subdivision, Entrada at Moab MPD Phase 1-7 5tA Page 5of12 or otherwise in violation of this Agreement, shall he void. 10. Acceptance of Improvements, Warrant}. All of the public improvements comprising the Required Improvements shall be subject to quality assurance testing and inspection as specified in the Construction Plans and/or applicable reference standards. Subdivider or its authorized representative shall provide not less than forty (48) hours minimum notification to City when inspection is required. The costs associated with such testing and inspection shall be the responsibility of Subdivider. Any work which is rejected following inspection must be repaired or replaced at the sole cost of the Subdivider. Any work which is covered up prior to inspection may be rejected, in which case Subdivider shall be solely responsible for exposing the work and arranging for inspection. a). The acceptance by the City of the public improvements comprising the required Improvements following completion and satisfactory inspection shall constitute a dedication and conveyance by the Subdivider to the City of all such improvements. Subdivider shall convey all public improvements to the City free and clear of any mechanic liens, claims, or other encumbrances. b). Subdivider warrants that all public improvements dedicated to the City shall be constructed in a workmanlike manner, in accordance with approved plans and specifications, and that all such improvements shall be free of defects in materials and workmanship for a period of one (1) year from the date of acceptance by the City. Subdivider shall promptly repair or replace any defective work following receipt of written notice under this vvarranty from the City. c). To partially secure this obligation, Subdivider shall deposit with the City a sum equal to ten percent (10%) of the construction cost, as determined by the City Engineer, for public improvements comprising the Required Improvements ,(the Warranty Deposit). Cost estimates for the public improvements for Phases One through Three shall be provided by Subdivider to the City no later than fifteen (15) calendar days from the. Effective Date of this Agreement. Cost estimates for Required IMprovetments in subsequent phases shall be provided to the City concurrent with Subdivider's application for final plan approval as to those subsequent phases. d). The Warranty Deposit shall be paid by the Subdivider before recording of the final plat for any phase. In the absence of any unperformed warranty claims, the City shall refund the Warranty Deposit to Subdivider upon expiration of the warranty period for the subject improvements. In the event of any default following delivery of written notice to Subdivider with respect to Subdivider's warranty obligations, the City may elect to draw upon the warranty deposit to cure, in whole or in part, any breach of warranty. e). Subdivider additionally warrants that all public improvements shall be delivered free and clear of any mechanic liens or other encumbrances. The City may require receipt of executed mechanic lien releases as a condition precedent to dedication of the public improvements. 1 1. Financial Assurance. If the Required Improvements are not completed within the C �i Entrada at Moab MPD Phase 1-7 sIA Page 6 of 12 one hundred eighty ( 180) day deadline specified in this Agreement, or if Subdivider desires to record a final plat in advance of the completion of the Required Improvements, the Subdivider may, subject to approval by the City, deliver a Financial Assurance, in a form acceptable to the City for the use and benefit of City and to secure the completion of the Required Improvements. The Financial Assurance shall be in the form of a performance/payment bond, escrow account. letter of credit or other financial instrument approved by the City Attorney in an amount which is not less than one hundred forty percent (140%) of the construction cost, as reviewed and approved by the City Engineer in writing, of the remaining improvements which are not completed. If a Financial Assurance is approved according to this Section I I, Subdivider shall have up to one hundred eighty (180) additional days from the Effective Date of this Agreement or, with respect to Phases Four through Seven, the date of final approval ofthe applicable phase, in which to complete the Required Improvements. The parties agree that, with respect to Phase One through Three improvements, Subdivider may elect to deliver a Financial Assurance to secure completion of any of the Required Improvements. 12. Cease and Desist Notice. If the Required Improvements have not been completed within the time provided in this Agreement or, in lieu of same, a Financial Assurance approved pursuant to Section 1 1, above, then the City may issue an immediate cease and desist order to Subdivider and all work shall be discontinued until such time as an acceptable Financial Assurance has been established. If Subdivider fails to take timely steps to deliver an acceptable Financial Assurance or complete the Required Improvements, then the City may record in the land records an Affidavit of Lapse of Plat/Plan and invoke such other remedies as may be available under this Agreement or at law. 13. Partial Releases of Financial Assurance. Upon partial completion of any class of improvements within the Required Improvements Subdivider may request a partial release of the Financial Assurance. The amount of the release shall be equal to the agreed cost of the completed improvements, as determined by the City Engineer. Partial releases shall not be made for partial completion of a class of improvements. a). In order for Subdivider to receive such partial release, the following shall be presented to City: i. A completed Escrow/Financial Assurance Partial Release Form supplied by City and signed by a professional engineer serving as agent for Subdivider; ii. Copies of all quality assurance test results/inspection reports required for the completed improvements; iii. Copies of all weight/quantity tickets for materials incorporated in the wort: for all items that were estimated on the basis of weight/quantity; and iv. Copies of al I invoices or receipts for materials delivered to the site and incorporated in to the work for which a partial release is being requested. Entrada at Moab MPD Phase 1-7 SIA Page 7 of 12 b). The partial release request shall be reviewed for completeness and accuracy by City Public Works Director and/or City Engineer. The City may adjust the amount of the request if field inspection shows that quantities are not accurate, or all items of work have not been completed in accordance with the approved Construction Plans. c). City shall process a release request promptly following receipt of a complete application. 14. Final Release of Financial Assurance. If applicable, upon completion of all Required Improvements in accordance with the approved Construction Plans, Subdivider may request that the remainder of the Financial Assurance be released, provided that Subdivider delivers executed mechanic lien waivers/releases from all contractors who performed work on the project and all suppliers who supplied materials that were incorporated into the work, together with a written certification by Subdivider that all outstanding charges for the Required Improvements have been paid and that there are no other liens, encumbrances, or other restrictions affecting the improvements. 15. Use of Financial Assurance upon Default. Upon delivery of written notice to the Subdivider and expiration of any cure period, the City may then elect to draw upon the Financial Assurance as it deems necessary for the completion of improvements or cure of any default under this Agreement. 16. Zoning Compliance. Certificates of Occupancy' for structures within the Property shall only be issued upon satisfactory completion and acceptance of all Required Improvements for the phase in which the structures are located, as provided in this Agreement. 17. Default. Remedies, Lapse of Plat/Plan. All provisions of this Agreement are material and any violation is grounds for declaration of Default. Prior to invoking any remedies for Default under this Agreement the City shall deliver written notice to the Subdivider describing the act, event, or omission constituting a default, and allowing Subdivider a period of thirty (30) days in which to cure or abate the violation. Cure within that period reinstates this Agreement. a). Upon declaration of default the City may exercise any remedies for violation available under City ordinances or Utah statutes, including, without limitation: i) proceeding against the Financial Assurance; ii). withholding building permits, certificates of occupancy, or certificates of zoning compliance; iii) obtaining an injunction to halt or abate zoning violations or breaches of this Agreement; iv) recording an affidavit of a lapse of plat/plan, in whole or in part; v) commencing an action for damages including damages for costs incurred in completing, repairing, or replacing Required Improvements or abating any violations; and/or vi) any other remedies available at law or equity, including the remedy of specific performance. The City may combine remedies in its discretion and pursue some or all at different times, as may tit the applicable breach. Entrada at IVfoab MPD Phase 1-7 51A Page S of 12 b). The recording of an affidavit of lapse of plat/plan by the City shall result in the lapse of all prior land use approvals and the voiding of the subdivision of lots within the real property specified in the affidavit. 18. Covenants and Recording. Subdivider shall provide a declaration of covenants, conditions, and restrictions (CC&R's) which are consistent with the terms of all development approvals for the Subdivision prior to the recording of the final plat for the first phase. The CC&R's are subject to review and approval by the City Attorney prior to any recording. a). This Agreement shall be recorded in the Grand County land records and constitutes an encumbrance against the subject Property. 19. General Provisions. This Agreement shall be binding on and inure to the benefit of the successors and assigns of the Subdivider in the ownership or development of all or any portion of the Property. Assignment of this Agreement shall require the mutual approval of the City and the proposed assignee, in writing. 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. c). The term -Agreement" includes this Improvements Agreement, all exhibits hereto, the Final Plat/Plan for the Subdivision, and any phases thereof, 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. No modification to any of the terms of this Agreement shall be binding, unless reduced to writing and lawfully executed by both parties. d). 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 agree that the exclusive venue shall be the Seventh Judicial District Court, Grand County, Utah. In any such proceedings arising under this Agreement, regardless of the denomination of the legal claims, the parties waive trial to a jury on all claims and agree that the action shall be decided by the court sitting without a jury. e). In any legal proceeding arising from 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. fl• g)• This Agreement shall be governed by Utah law. This Agreement does not create any third party beneficiary rights. It is G Entrada at Moab MPD Phase 1-7 SIA Page 9 of 12 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 any improvements to the Property, unless/until the City accepts dedication of public improvements pursuant to this Agreement; and iii. except as otherwise provided herein, Subdivider shall have full power and exclusive control of the Property. h). The provisions of this Agreement are severable, and if any portion should be held to be invalid 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 arising from this Agreement neither party shall be liable to the other for consequential damages, lost profits, or delay related damages of any kind. j). All notices under this Agreement shall be given in writing by first class or certified mail, postage prepaid, or by hand delivery or delivery by a reputable courier, and sent to the following addresses: To the City of Moab: City of Moab 2.17 East Center Street Moab, Utah 84532 Attn: City Manager To Subdivider: Chad Clifford Snow Hound Moab, LLC 10266 Oak Creek Lane Highland, UT 84003 Phone: 760-845-9758 Email: cc@msdland.com msdland.com k). Notice may be delivered to such other parties or addresses as the parties may designate in writing froth time to time. A notice sent by' mail shall be deemed delivered no later than three (3) days from the date that it is mailed. I). Nothing in this Agreement shall be deemed to waive any governmental or other immunity to which the City is entitled under law. 20. indemnity. Subdivider shall indemnify and hold the City harmless with respect to any third party claims, including claims for property damage, injury, or death, and any cc,/ Entrada at Moab MPD Phase 1-7 SIA Page 10 of 12 demands, liabilities, causes of action, costs, or damages, including reasonable attorney's fees, that may arise from any act or omission of the Subdivider, its members, managers, employees, agents, or contractors in connection with the development of the Subdivision and/or the performance of this Agreement. 21. Future Legislative Power. Nothing in this Agreement shall be construed to impair or limit the future legislative power or zoning authority of the City. 22. Grading.. All grading and soil disturbance undertaken in the development of the Subdivision shall be performed in conformity with Appendix J of the International Building Code {IBC} as adopted by the City. Subdivider shall obtain a grading permit as required and pay applicable permit fees. Subdivider shall employ best management practices to prevent or control erosion and/or pollutant discharge resulting from its construction activities. 23. Minor Plan Amendments. The City Planner shall have the authority to authorize in writing minor plan amendments as to the location or configuration of improvements or the like where such changes may become necessary because of unforeseen site conditions or design problems, provided that all such changes must be consistent with the overall intent and purpose of this Agreement. 24. Effective Date. The effective date of this Agreement is the date when it is signed by all Parties and the Council has approved the final plan for Phases One through Three of the Subdivision. 25. Counterparts. This Agreement may be executed in separate original counterparts which, when combined, shall constitute the entire Agreement. Exhibits: A. Construction Plans B. Phasing Table C. Subdivision Improvement Schedule D. Access and Utility Easement Entrada at Moab MPD Phase 1-7 51A Page 11 of 12 IN WITNESS WHEREOF, this Agreement has been executed by the City of Moab, acting by and through the Moab City Council, which has duly authorized execution, and by Subdivider as of the date(s) specified below. Mayor David L. Sakrison ATTEST: Rachel Stenta City Recorder SUBDIVIDER: SNOW HOUND MOAB, LLC Chad Clifford, Its ManaierDate 60 STATE OFtf-T-76.1-1C (°' ) ,;,Re-Sk )ss. COUNTY OF 6ibk-f414- ) �_I5 - 1 5 Date �,"The foregoin agreement was executed before me by cC `G� c r�OCc�I , this Siin day of Nc ►\ , 20l 5. Witness my hand and official seal. My commission expires: CHERYL A. STAHLY NOTARY PUBLIC STATE OF COLORADO NOTARY ID #20074018624 My Commission Expires August 6, 2016 Notary Public,tate off-Cp\alc` Address: