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HomeMy WebLinkAboutResolution 2001-119 development agreement for hb developmentMARANA RESOLUTION NO. 2001-119 A RESOLUTION OF THE MAYOR AND TOWN COUNCIL OF THE TOWN OF MARANA, ARIZONA, AUTHORIZING THE TOWN TO ENTER INTO A DEVELOPMENT AGREEMENT WITH H.B. DEVELOPMENT CO. FOR THE PURPOSES OF PROVIDING PUBLIC INFRASTRUCTURE DEVELOPMENT. WHEREAS, the growing population of the Town of Marana places increasing demand upon the existing public infrastructure and parks in the region; and WHEREAS, the Town desires to develop new public infrastructure and parks to meet the demands that are placed upon the Town's roadway, utility and park facilities as a consequence of increasing population and the proportionate increase in usage brought about by new growth; and WHEREAS, the Town and the residents of Continental Reserve will .jointly benefit from the development of the roadway, utility and park facilities projects; and WHEREAS, it is in the best interest of the citizens of the Town of Marana to improve the capacity of the Town's existing public roadway, utility and park facilities through the development of additional public parks and improvement of roadway and utility facilities associated with new development. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, that the Mayor is authorized to execute a Development Agreement with H.B. Development, Co. for the purpose of establishing an agreement to improve, fund, and convey to the Town public roadway, utility and park facilities in the Continental Reserve area. Page 1 of 2 PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 18th day of September, 2001. (-~'~o'ffce~/n C. Entz Town Clerk APPROVED AS TO FORM: /Daniel J. H~chul~ As Town Attorney and not personally Ma)~6rr l~ol~y Sutton, Jr. Page 2 of 2 F. ANN RODRIG'U- RECORDER RECORDED BY: V. DEPUTY RECORDER 7995 ROOE /- D( ~T: 11667 P.ti..,~", : 2156 NO. OF PAGES: 27 SEQUENCE: 20012120446 11/01/2001 AG 16:17 SMARA TOWN OF MARANA ATTN: TOWN CLERK 13251 N LON ADAMS RD MARANA AZ 85653 MAIL AMOUNT PAID $ 19.00 :{:;~;$"s..~;;,{'~;"tf;~;~. .. ~,,~.. MARANA TOWN OF MARANA RE- RECORDING This document, Development Agreement between the Town of Marana and H.B. Land Development Company, was originally recorded by the Pima County Recorder's office on October 4, 2001, in Docket 11648, Pages 2340 through 2355. It is being re-recorded because of omitted exhibits. All exhibits listed on page ill of this agreement are being included at this time. The changes are as follows: EXHIBIT A: WAS: OMITTED IS: Legal Description/Map of the Property EXHIBIT B: WAS: OMITTED IS: Plat Resolution No. 2000-19 EXHIBIT C: ': 1 6- WAS: OMITTED IS: Park Site Design .... b - - EXHIBIT D: - , 6 WAS: OMITTED IS: Map of the Public Access Trail I jr \ - . F. ANN RODRIGl ,RECORDER RECORDED BY: VLJ DEPUTY RECORDER 7995 ROOE .' SMARA TOWN OF MARANA ATTN: TOWN C:t,ERK 13251 N LON ADAMS RD MARANA~AZ 85653 When recorded, return to: Daniel J. Hochuli, Esq. Daniel J. Hochuli & Associates, P.C. 220 E. Wetmore Rd., Suite 110 Tucson, AZ 85705 D....ET: 11648 PAGE: 2340 NO. OF PAGES: 16 SEQUENCE: 20011930631 10/04/2001 AG 16:47 MAIL AMOUNT PAID $ 13.50 DEVELOPMENT AGREEMENT BETWEEN THE TOWN OF MARANA AND H.B. LAND DEVELOPMENT CO., 104153.5 1 .- w ..f . . zo " i .. :=i ii .!.;' ~ -4 ~ , .-+,. ~ .4 . " i:.": I(t , .- 9. T ABLE OF CONTENTS Page 1. Development of the Property.. ........... .... ...... ...... ......... ..... ..... ............ ..... ........2 1.1 Development in Accordance with the MDC and Zoning ..................2 1.2 Zoning & Plat Conditions..................................................................2 2. Transportation Impact Fees ........................................................................... 2 3. T own Park...................................................................................................... 2 3.1. Park Dedication and Improvements...................................................2 3.2. Future Improvements......................................................................... 3 3.3 . Wade Road Improvements................................................................. 3 4. Public Access Trail Dedication...................................................................... 3 5. Impact Fee Waivers....................................................................................... 3 6. Silverbell Road and Somerton Drive Traffic SignaL....................................3 7. Protected Development Rights......................................................................4 8. Cooperation and Alternative Dispute Resolution..........................................4 8.1. Appointment of Representatives........................................................4 8.2. Timing................................................................................................4 8.3. Outside Consultants...........................................................................4 8.4. Default; Remedies.. ............................. ........ ....... ..... .......... ....... ..........5 .. ,;; Notices and Filings........................................................................................ 5 9.1. Manner of Serving .............................................................................5 ;:} :- 10. General Terms & Conditions ............................................ ..... ..... ..... ........... ...6 1 0.1. Term................................................................................................... 6 1 0.2. Waiver................................................................................................ 6 10.3. Attorneys' Fees................................................................................... 7 10.4. Counterparts....................................................................................... 7 10.5. Headings and Recitals........................................................................ 7 10.6. Exhibits.............................................................................................. 7 10.7. Further Acts....................................................................................... 7 10.8. Future Effect...................................................................................... 7 10.9. Termination Upon Sale to Public.......................................................8 10.10. No Partnership and Third Parties....................................................... 8 10.11. Other Instruments ..............................................................................8 10.12. Imposition of Duty By Law............................................................... 8 10.13. Entire Agreement............................................................................... 8 10.14. Amendment.............................................. ....... ........................ ........... 8 10.15. Names and Plans ........................ .................. ....... .......... ....... ..............8 , -:. ;':-:' iii :. :1 . . .- i i i ,;; l f-; 14 in 10 104153.5 , -r- 10.16. Good Standing; Authority.................................................................. 9 10.17. Severability.................................................................................. ...... 9 10.18. Governing Law/Arbitration............................................................... 9 10.19. Recordation ..................... .............................. ............ .......... ..... ..........9 10.20. No Developer Representations.......................................................... 9 10.21. Approval...... ........ ....... .............................. ............ ..... ............ ....... .....1 0 10.22. Force Majeure .......... ................................. ............ ..... ............ ............1 0 1 1 6 !""1 .r 2 .. i =- . " ! i: .!.: b 4 B :O;s =... -~ ....., 4 or) L 11 104153.5 , .- Exhibit A Exhibit B Exhibit C Exhibit D EXHIBIT LIST Legal Description/Map of the Property Plat Resolution No. 2000-19 Park Site Design Map of the Public Access Trail i 1 ...t" 2 ~ , i e 4 ~ =:} ...... :3 4 3 III 104153.5 -' DEVELOPMENT AGREEMENT THIS DEVELOPMENT AGREEMENT (hereinafter "Agreement") is made as of the 18th day of September 2001, by and between the TOWN OF MARANA, an Arizona municipal corporation (the "Town") and H.B. Land Development Co., an Arizona Corporation (the "Developer"). RECIT ALS A. The Developer is the owner of approximately 598.7 acres of real property within the corporate limits of the Town, legally described and depicted on Exhibit "A" attached hereto (the "Property"). B. The Developer intends to develop a two-phase master-planned community, commonly identified as Continental Reserve ("Continental Reserve"), that will include single-family residences, recreation/open space and commercial uses on the Property. C. On October 19, 1999, the Town adopted Marana Resolution No. 99- 101, approving the preliminary block plat for Continental Reserve (the "Preliminary Plat"). On February 15,2000, the Town adopted Marana Resolution No. 2000-19 (the "Plat Resolution"), approving the final block plat for Continental Reserve (the 'Final Plat"), a copy of which is attached as Exhibit "B". The Town has also approved the Developer's infrastructure improvement plans (the "Improvement Plans") the Continental Reserve Preliminary Grading Plans (the "Grading Plans") and the parties have entered into a water service agreement. Additionally, the Developer has received authorization from the United States Army Corps of Engineers for construction under Section 404 of the Clean Water Act. ~ 1 6 D. The future development of the Property shall be subject to (i) the Pima Farms Specific Plan as adopted by the Town and amended from time to time (the "Specific Plan"), (ii) the Marana Development Code (including the written rules, regulations, procedures and other policies relating to development of land, whether adopted by the Mayor and Councilor by Town staff) (the "MDC"), (iii) conditions of the Preliminary Plat, (iv) conditions of the Final Plat as detailed in the Plat Resolution, and (v) the Improvement Plans, collectively establishing, among other things, the type of land uses, location, density and intensity of such land uses, and community character of the Property, and providing for, among other things, the development of a variety of housing and recreation/open space opportunities. r o ? : : L.. i .:. ~ .:. E. The Developer and the Town desire that the Property shall be developed in accordance with the MDC, the Preliminary Plat, the Plat Resolution, the Improvement Plans, the Grading Plans and the Specific Plan, as amplified and supplemented by this Agreement. The parties acknowledge that this Agreement is intended to be consistent with the foregoing, and operates to the benefit of the Town, the Developer, and the public. . J a:. ...... -4 H r? b ~ 14 4 104153.5 , . F. The parties understand and acknowledge that this Agreement is a "Development Agreement" within the meaning of, and entered into pursuant to the terms of, A.R.S. S 9-500.05, in order to facilitate the development of the Property. G. The Town and the Developer acknowledge that the development of the Property pursuant to this Agreement will result in planning and economic benefits to the Town and its residents by, among other things, requiring development of the Property consistent with the MDC, the Preliminary Plat, the Plat Resolution, the Improvement Plans, and the terms and conditions of this Agreement. NOW, THEREFORE, in consideration of the foregoing premises and the mutual promises and agreements set forth herein, the parties hereto state, confirm and agree as follows: AGREEMENT 1. Development of the Property. 1.1. Development in Accordance with the MDC and Zoning. Prior to the approval and execution of this Agreement, the Town adopted the Specific Plan, and approved the Preliminary Plat, the Plat Resolution, Improvement Plans and the Grading Plans. The Property shall be developed in accordance with these documents, which, in conjunction with the MDC, set forth the basic land uses, densities and intensities of such land uses as presently authorized for the Property and development regulations related thereto. Upon compliance by the Developer with the applicable development review and approval procedures as set forth in the MDC and other Town ordinances, rules, regulations and state laws, the Town agrees to approve or issue such permits, plans, specifications, and/or plats of or for the Property as may be requested by the Developer and which are consistent with the MDC, the Preliminary Plat, the Plat Resolution, the Improvement Plans and the Specific Plan. .. i 1 6 6 1.2. Zoning & Plat Conditions. The Developer agrees to fulfill all conditions outlined in the Preliminary Plat, the Plat Resolution and the Specific Plan as may be modified by this Agreement for the Property. 2. Transportation Impact Fees. The Town agrees that notwithstanding any impact fee provisions to the contrary, the Town's transportation impact fees to be assessed upon development within Continental Reserve shall be due and payable only upon sale and closing for each residential unit in Continental Reserve, and not at any earlier time, including but not limited to the time for issuance of building permits for such units. 3. Town Park. ~ ~ ~ ~ , I h .p:: h ;.j ,14 3.1. Park Dedication and Improvements. The Developer has agreed to dedicate a portion of Block 5 of the Final Plat making up approximately nine acres to the Town for park and recreational uses (the "Park"), with an approximate estimated value of approximately $2,000,000. The Developer shall fund and . =. 2 104153.5 -- construct both phases of improvements to the Park (the "Park Improvements") consistent with the park site design approved by the Town and attached hereto as Exhibit "C". The concept plans for the Park Improvements have been jointly reviewed and approved by the Developer and the Town Manager. The construction plans shall be submitted to the Town Parks and Recreation Director for review and approval consistent with the agreed on concept plan, which approval shall not be unreasonably withheld. Construction of the Park Improvements shall be completed not later than three years after the Effective Date of this agreement. Upon completion of the Park Improvements, the Developer will dedicate and the Town will accept the Park and the Park Improvements for ownership and maintenance. 3.2. Future Improvements. In consideration for the dedication of the Park and the construction of the Park Improvements, the Town agrees that the Park Improvements fulfill and satisfy any and all current and future on-site or off-site regional park improvement requirements for Continental Reserve and subdivisions within Continental Reserve that are or may be adopted by the Town. 3.3. Wade Road Improvements. In further consideration for the dedication of the Park and the construction of the Park Improvements, the Town agrees to be fully responsible for completing the improvements to Wade Road by the beginning of home construction in Phase 2 of Continental Reserve, and to eliminate condition number 9 of the Preliminary Plat Resolution requiring the Developer to make such improvements to Wade Road. 4. Public Access Trail Dedication. The Developer shall dedicate to the Town a public access trail to be formed from the W AP A line easement, the E1 Paso Natural Gas line easement and the existing public access trail located on the western border of Continental Reserve (the "Public Access Trail"), all as depicted on Exhibit "D" attached hereto. Trails are unimproved and are solely for pedestrian, equestrian and similar non-motorized type use. The Developer shall dedicate the Public Access Trail at the time of submission and recording of the respective subdivision plats in which various portions of the Public Access Trail are located or earlier by agreement between the Developer and the Town. The Developer's dedication of the Public Access Trail shall satisfy any and all requirements by the Town of the Developer for the current or future dedication of public access trails. The Town will comply with all applicable provisions of the grant of easement recorded in Docket 11445 commencing at Page 1513. i 1 Q .:- b : : L ~ : " .,;j s. Impact Fee Waivers. In the event that the Town imposes impact fees for infrastructure improvements located either on or off Continental Reserve, including but not limited to transportation, park and trail impact fees, the Developer shall receive credit against such impact fees in an amount equal to any voluntary fees or contributions of resources, such as the Park site, that the Developer has paid or provided to the Town as set forth in A.R.S. S 9-463.05. ~ \ ~ I ;1 E , ;'1 t:~ iiJ' g i I :j ~ tl 3 104153.5 6. Silverbell Road and Somerton Drive Traffic Signal. The Developer shall be responsible for payment of the Developer's proportional share of the cost of a traffic signal to be located at the intersection of Silverbell Road and Somerton Drive, if warranted, based on the a traffic analysis prepared by the Developer and approved by the Town. 7. Protected Development Rights. 7.1. A substantial commitment of resources has been made for public and private improvements such as but not limited to the water system, Park Improvements, roads, open space, trails and site work. Therefore. one of the purposes of this Agreement is to establish legally protected rights for the development of the Property in a manner which is consistent with the Preliminary Plat, the Plat Resolution, the Specific Plan, the Improvement Plans, the Grading Plan, the MDC, and this Agreement, in order to ensure reasonable certainty, stability and fairness to the Developer over the term of this Agreement. Toward this end, Developer and Town agree that the zoning designations granted by the Specific Plan shall remain in effect and shall not be changed without the agreement of the Developer for the term of this agreement. 8. Cooperation and Alternative Dispute Resolution. 8.1. Appointment of Representatives. To further the commitment of the parties to cooperate in the progress ofthe Development, the Town and the Developer each shall designate and appoint a representative to act as a liaison between the Town and its various departments and the Developer. The initial representative for the Town (hereinafter "Town Representative") shall be the Planning Director, and the initial representative for the Developer shall be Mark Weinberg or a replacement project manager to be selected by the Developer. The representatives shall be available at all reasonable times to discuss and review the performance of the parties to this Agreement and the development ofthe Property. .. , b ...." Z L I 8.2. Timing. The Town acknowledges the necessity for prompt review by the Town of all plans and other materials ("Submitted Materials") submitted by the Developer to the Town hereunder or pursuant to any zoning procedure, permit procedure, or other governmental procedure pertaining to the development of the Property and agrees to use its best efforts to accomplish such prompt review of the Submitted Materials whenever possible. E= 8.3. Outside Consultants. In the event the Town is unable to provide sufficient personnel (either in-house staff or outside consultants to the Town) to review the Submitted Materials within the time desired by the Developer, the Developer may elect to pay the reasonable costs incurred by the Town to retain such consultants or other experts as the Town may reasonably deem necessary to review the Submitted Materials on behalf of the Town. Because ofthe Developer's liability ~ .l!l ~ ~ , ~ ~ .,j? . l' 4 104153.5 . for the Consultant's fees, any consultants under this paragraph shall be selected by the agreement of both the Town and the Developer. The Town and the Developer shall diligently select consultants following a request by the Developer hereunder. The Developer acknowledges that the consultants' recommendations will be subject to review and revision by the Town Staff and that the Town shall not be bound by any of the consultants' recommendations unless adopted by the Town Councilor other board or person having final approval rights on each Submitted Material. The Developer's liability for Consultant fees hereunder shall be unconditional and the Developer shall indemnify and hold the Town harmless from any claims relating to such fees. 8.4. Default; Remedies. If either party hereto defaults (the "Defaulting Party") with respect to any of such party's obligations hereunder, then the other party hereto (the "Non-Defaulting Party") shall be entitled to give written notice in the manner prescribed in Section 10.1 to the Defaulting Party, which notice shall state the nature of the default claimed and make demand that such default be corrected. The Defaulting Party shall then have (i) twenty (20) days from the date of such notice within which to correct such default if it can reasonably be corrected by the payment of money, or (ii) sixty (60) days from the date of such notice to cure such default if action other than the payment of money is reasonably required, or if any such non-monetary default cannot reasonably be cured within sixty (60) days, then such longer period as may be reasonably required, provided and so long as such cure is promptly commenced within such period and thereafter diligently prosecuted to completion. If any such default is not cured within the applicable time period(s) set forth above in this Section 9.4, then the Non-Defaulting Party shall be entitled to commence an action at law or in equity in the Pima County Superior Court. The parties hereto agree that due to the size, nature and scope of the Development, and due to the fact that it may not be practical or possible to restore the Property to the condition which existed prior to Developer's development and improvement work, once implementation of this Agreement has begun, money damages and remedies at law will likely be inadequate and that specific performance will likely be appropriate for the enforcement of this Agreement. This Section 9.4 shall not limit any other rights, remedies, or causes of action that either party may have at law or in equity. ~ . ... ~ ... b :"'"J: L 1 b 9. Notices and Filings. 5 9.1. Manner of Serving. All notices, filings, consents, approvals and other communications provided for herein or given in connection herewith shall be validly given, filed, made, transmitted or served if in writing and delivered personally or sent by registered or certified United States mail, postage prepaid, if to (or to such other addresses as either party hereto may from time to time designate in writing and deliver in a like manner): ~ ~ 4 a I ("-. ./i:.. ~ 5 104153.5 The Town: Town of Maran a Planning Director 13251 N. Lon Adams Road Marana, Arizona 85653 With a copy to: Daniel J. Hochuli, Esq. Daniel J. Hochuli & Associates 220 East Wetmore Rd., Suite 110 Tucson, Arizona 85705 The Developer: Mark Weinberg H.B. Land Development Co. 2200 East River Road, Suite 115 Tucson, Arizona 85718-6586 With a copy to: Mary Beth Savel Lewis and Roca LLP One South Church Ave., Suite 700 Tucson, Arizona 85701-1611 1 1 10. General Terms and Conditions. c= 10.1. Term. This Agreement shall become effective upon its execution by all the parties and the taking effect of a duly adopted resolution of the Town's governing body approving the Agreement (the "Effective Date"). The term of the Agreement shall commence upon the Effective Date and, unless sooner terminated by the mutual consent of the parties, shall automatically terminate and shall thereafter be void for all purposes twenty (20) years from the date of this Agreement provided that a preliminary subdivision plat has been approved within 3 years of the Effective Date. If the parties determine that a longer period is necessary for any reason, the term of this Agreement may be extended by written acknowledgment executed by the parties. z z :2 :" = ~ i' ... 10.2. Waiver. No delay in exercising any right or remedy shall constitute a waiver thereof, and no waiver by the Town or the Developer of the breach of any covenant of this Agreement shall be construed as a waiver of any preceding or succeeding breach of the same or any other covenant or condition of this Agreement. 6 4 q .-j -4 3 4 ::II--n .... ... 6 104153.5 10.3. Attorneys' Fees. In the event any party hereto finds it necessary to bring an action at law or other proceeding against any other party to enforce any of the terms, covenants or conditions hereof, or by reason of any breach of default hereunder, the party prevailing in any such action or other proceeding shall be paid all reasonable costs and reasonable attorneys' fees by the other party, and in the event any judgment is secured by said prevailing party, all such costs and attorneys' fees shall be included therein, such fees to be set by the court and not by jury. 1004. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. The signature pages from one or more counterparts may be removed from such counterparts and such signature pages all attached to a single instrument so that the signatures of all parties may be physically attached to a single document. 10.5. Headings and Recitals. The descriptive headings of the sections of this Agreement are inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions hereof. The Recitals set forth at the beginning of this Agreement are hereby acknowledged and incorporated herein and the parties hereby confirm the accuracy thereof. 10.6. Exhibits. Any exhibit attached hereto shall be deemed to have been incorporated herein by this reference with the same force and effect as if fully set forth in the body hereof. 10.7. Further Acts. Each of the parties hereto shall execute and deliver all such documents and perform all such acts as reasonably necessary, from time to time, to carry out the matters contemplated by this Agreement. Without limiting the generality of the foregoing, the Town shall cooperate in good faith and process promptly any requests and applications for plat or permit approvals or revisions, and other necessary approvals relating to the development of the Property by the Developer and its successors. 1 . ... '- "-" '- . . 2 10.8. Future Effect. This Agreement shall run with the land. All of the provisions hereof shall inure to the benefit of and be binding upon the successors, assigns and legal representative of the parties hereto, except as provided in Section 11.9 below. To the extent permitted by law, the Developer's rights hereunder may be assigned by a written instrument, recorded in the Official Records of Pima County, Arizona, expressly assigning such rights. The obligations of the Developer hereunder shall be binding upon anyone owning any right, title or interest in the Property as long as such obligation has been specifically assumed in writing or as otherwise required by law. The Town understands that the Developer may create one or more entities or subsidiaries wholly owned or controlled by the Developer or Diamond Ventures, Inc. for purposes of carrying out the development of the Property as contemplated in this Agreement. In the event of a complete assignment by Developer of all rights and obligations of Developer hereunder, Developer's liability hereunder shall terminate effective upon the assumption by Developer's assignee. 1 ::.. w ~I ~ 1J .M b 4 a \ ."") A .ri. .,$ ~ (} 7 104153.5 10.9. Termination Upon Sale to Public. It is the intention of the parties that although recorded, this Agreement shall not create conditions or exceptions to title or covenants running with the land. Nevertheless, in order to alleviate any concern as to the effect of this Agreement on the status of title to any of the Property, this Agreement shall terminate without the execution or recordation of any further document or instrument as to any lot which has been finally subdivided and individually (and not in "bulk") leased (for a period oflonger than one year) or sold to the end purchaser or user thereof and thereupon such lot shall be released from and no longer be subject to or burdened by the provisions of this Agreement. 10.10. No Partnership and Third Parties. It is not intended by this Agreement to, and nothing contained in this Agreement shall, create any partnership, joint venture or other arrangement between the Developer and the Town. No term or provision of this Agreement is intended to, or shall, be for the benefit of any person, firm, organization or corporation not a party hereto, and no such other person, firm, organization or corporation shall have any right or cause of action hereunder. 10.11. Other Instruments. Each party hereto shall, promptly upon the request of the other, have acknowledged and delivered to the other any and all further instruments and assurances reasonably requested or appropriate to evidence or give effect to the provisions of this Agreement. 10.12. Imposition of Duty By Law. This Agreement does not relieve any party hereto of any obligation or responsibility imposed upon it by law. 10.13. Entire Agreement. This Agreement constitutes the entire agreement between the parties hereto pertaining to the subject matter hereof. All prior and contemporaneous agreements, representations and understanding of the parties, oral or written, are hereby superseded and merged herein. ~ " 10.14. Amendment. The Town and the Developer agree to cooperate and in good faith pursue any amendments to this Agreement that are reasonably necessary to accomplish the goals expressed in the MDC, Specific Plan, plats and the Improvement Plans, and to facilitate the development of the Property in light of any changes in development requirements, including an extension of the term of this Agreement as provided in Section 11.1. If the Developer determines that it would be beneficial to amend this Agreement to include adjacent lands owned by the Developer, the Town agrees to consider in good faith such amendment. All amendments to this Agreement shall be in writing and, if approved, must be signed by all appropriate parties. Within ten (10) days after any amendment to this Agreement, such amendment shall be recorded by, and at the expense of, the party requesting the amendment, in the Official Records of Pima County, Arizona. :' " . . b . . o 10.15. Names and Plans. The Developer shall be the sole owner of all names, titles, plans, drawings, specifications, ideas, programs, designs and work products of every nature at any time developed, formulated or prepared by or at the instance of the Developer in connection with the Property or any plans; provided, ~ ~ oj ~ "I 8 104153.5 however, that in connection with any conveyance of portions of the infrastructure or facilities as provided in this Agreement such rights pertaining to the portions of the infrastructure or facilities so conveyed shall be assigned to the extent that such rights are assignable, to the appropriate governmental authority. 10.16. Good Standing; Authority. The Developer represents and warrants to the Town that it is duly formed and validly existing under the laws of Arizona and is authorized to do business in the state of Arizona. The Town represents and warrants to the Developer that it is an Arizona Municipal Corporation duly qualified to do business in the State of Arizona and is in good standing under applicable state laws. Each of the parties hereto represents and warrants to the others that the individual(s) executing this Agreement on behalf of the respective parties are authorized and empowered to bind the party on whose behalf each such individual is sIgmng. 10.17. Severability. If any provision of this Agreement is declared void or unenforceable, such provision shall be severed from this Agreement, which shall otherwise remain in full force and effect. If any applicable law or court of competent jurisdiction prohibits or excuses the Town from undertaking any contractual commitment to perform any act hereunder, this Agreement shall remain in full force and effect, but the provision requiring such action shall be deemed to permit the Town to take such action at its discretion. If, however, the Town fails to take the action specified hereunder, the Developer shall be entitled to terminate this Agreement. 10.18. Governing Law/Arbitration. This Agreement is entered into in Arizona and shall be construed and interpreted under the laws of Arizona, and the parties agree that any litigation or arbitration shall take place in Pima County, Arizona. In particular, this Agreement is subject to the provisions of A.R.S. 9 38- 511. This Agreement has been negotiated by separate legal counsel for the Town and the Developer, and no party shall be deemed to have drafted this Agreement for purposes of construing any portion of this Agreement for or against any party. Any dispute, controversy, claim or cause of action arising out of or relating to this Agreement shall be settled by submission of the matter by both parties to binding arbitration in accordance with the rules of the American Arbitration Association and the Arizona Uniform Arbitration Act, A.R.S. 9 12-501 et seq., and judgment upon the award rendered by the arbitrator(s) may be entered in a court having jurisdiction thereof. 1 1 6 L =-:J 10.19. Recordation. No later than ten (10) days after this Agreement has been executed by the Town and the Developer, it shall be recorded in its entirety, by, and at the expense of, the Developer, in the Official Records of Pima County, Arizona. !\ ~ 1 10.20. No Developer Representations. Except as specifically set forth herein, nothing contained herein shall be deemed to obligate the Town or the Developer to complete any part or all of the development ofthe Property. 2 3 S 1 9 104153.5 10.21. Approval. Ifthe any party is required pursuant to this Agreement to give its prior written approval, consent or permission, such approval, consent or permission shall not be unreasonably withheld or delayed. 10.22. Force Maieure. If any party hereto shall be unable to observe or perform any covenant or condition herein by reason of "force majeure," then the failure to observe or perform such covenant or condition shall not constitute a default hereunder so long as such party shall use its best effort to remedy with all reasonable dispatch the event or condition causing such inability and such event or condition can be cured within a reasonable amount of time. "Force majeure," as used here, means any condition or event not reasonably within the control of such party, including without limitation, "acts of God"; strikes, lock-outs, or other disturbances of employer/employee relations; acts of public enemies; orders or restraints of any mind of the government of the United States or any state thereof or any oftheir departments, agencies, or officials, or of any civil or military authority; insurrection; civil disturbances; riots; epidemics; landslides; lightning; earthquakes; subsidence; fires; hurricanes; storms; droughts; floods; arrests, restraints of government and of people; explosions; and partial or entire failure of utilities. Failure to settle strikes, lock-outs and other disturbances of employer/employee relations or to settle legal or administrative proceedings by acceding to the demands of the opposing party or parties, in either case when such course is in the judgement of the party hereto unfavorable to such party, shall not constitute failure to use its best efforts to remedy such a condition. IN WITNESS WHEREOF, the parties have executed this Agreement the day and year written below. 1 r- =- Date: tPu--;'1 ~ / TOWN OF MARANA an Arizona municipal corporation c= E'"J z ATTEST: 1 ~~~ . own C rk B iA ~,\''''''",.. ~ OF~~ ~~~~~"IQ~~ ::Sl~~ORATE ~ =.-~'6( oco = ~ SEAL, E ~ ~ ~ ~-f~1Z "\~~ ~ ~I/I,.il"\\~ I i \ i 10 104153.5 APPROVED AS TO FORM AND AUTHORITY The foregoing Agreement has been reviewed by the undersigned attorney who has determined that it is in proper form and within the power and authority granted under the laws of the State of Arizona to the Town of Marana. Daniel J. Hochuli, Esq. Attorney for Town of Marana STATE OF ARIZONA ) ) ) ss. County of Pima The foregoing document was sworn to and acknowledged before me the di.. day of VeTO BER ,2001, by Bobby Sutton, Jr., in his capacity as Mayor ofthe Town of Marana, an Arizona municipal corporation. ~~ My commissiol2: ~tpires: 3-/7 ""'07 '. i~.d>.7~.': S~~A~~:~I~~~A i ,~, . County 01 Pima jgJ:,,",,' DIANE MANGIALARDI 'vly APPOintment Expires 03-17-04 i i ! ,n ~ 2 ~: -,D ~ :+,. ~ jl , 11 104153.5 . . ' Date: 9/ll-j / () I H.B. Development Co., an Arizona Corporation By: Its: ~ P~€'I Q(?Ni STATE OF ARIZONA ) ) ss. ) County of Pima . , The foregoing document was sworn to and aCknow~ore me the' ;<LJP'1dayof ~~ , 2001, by /jav.lr:I . ,,~CI!Ud- H.B. Land Development Co., an Arizona corporation. My commission expires: r /b) d(Ot'll 8, . o.tAfiV,cpQbUcSEAL PATTIE BLAIR . NOTARrP'JB;..IC. ARIZONA . '.' PIMA:COUNTY . ltyCom",. :.x,:itlrJln;. t8.-2.0lW "- = = ~ .r i ~ " 1\ 12 104153.5 CONTINENTAL RESERVE DEVELOPMENT AGREEMENT EXHIBIT A LEGAL DESCRIPTIONIMAP OF THE PROPERTY - ~ ".. r W =} :2 1 : r-. ~ A-1 I.."...... "i...:r: u~. is:.r'!~. . '~.. ~~. '~~~;I. )-. " . . , -~ ... ~ " 0 ~ = ~ . ~ ~ ~in , I" . g .... .... ... ::i- ~ -. =' f z I~ IlOCI ~ ... (.. o ... .. 1 ... ~ ~ " i" -- ' ~--,-- ~ " \ ( (. ,,, 0 o '\ ~ ... , " .f" , , " , " , " , " \\SHEET 9 , " " " " \ '- \ , \ ..\ - '- , , .0' ).. . .. :1 ;':2: I. .... ~ ~; Jlz 4- , , . \... .. ~ 8 21J$. II' H II':IJ'U. . 213'.11' N ..'S2.... . .. .. :; " . ~ i . . " (" I v..':. Of . t' , 'f tile ;J 51 TE MAP ISHEET Ii~DEX 1"=500' LEGAL DESCRIPTION THE BLOCK PLAT OF CONTINENTAL RESERVE, BLOCKS 1-20 AND COMMON AREAS A, B, AND C, AS RECORDED IN BOOK 53 OF }~S, PAGES 35-1 THROUGH 35-10, RECORDS OF PIMA COUNTY ARIZONA. A-2 CONTThffiNTALRESERVE DEVELOPMENT AGREEMENT EXHIBIT B PLAT RESOLUTION NO. 2000-19 ~ i 1 fi: :- -~ .". i ~ ~ B-1 ~,~ FlED r.- - ~....:.:1- CERTa I MAR ANA V ::.~87'G: Original Adopted by C')uncil Od' uncs # lVIAR~NA RESOLUTION NO. 2000-19 A RESOLUTION OF THE }vIA YOR AND COUNCIL OF. THE TOWN OF MARAL"\J"A, ARIZONA, APPROVING THE FINAL BLOCK PLAT FOR CONTINENTAL RESERVE CONSISTING OF 20 BLOCKS ON APPROXIMA TEL Y 600 ACRES LOCATED WITHIN THE PIMA F ARtvfS SPECIFIC PLAN IN PORTIONS OF SECTIONS 28 AND 33, TOWNSHIP 12 SOUTH, RANGE 12 EAST, PARCEL NUMBERS 221-21-7A Al~D 221-26- 4A. SUBMITTED BY CONTINENTAL RESERVE, LLC. WHEREAS, on May 30m, 1989 the Town of Marana adopted Ordinance 89.20 approving the Pima Farms Specific Plan; and WHEREAS, on October 19, 1999 the Town of Marana adopted Resolution 99-101 approving the Preliminary Plat on this project; and WliEREAS, Steinfeld Trust is the owner o~ approximately 600 acres within the Pima Farms Specific Plan boundary generally located west of SilverbelI at the Pima Farms Road alignment in portions of Sections 28 and 33, Township 12 South, Range 12 East; and WHEREAS, the Marana Planning and Zoning Commission heard from the representative(s) of the owner, staff, and members of the public at the regular Planning and Zoning Commission meeting held January 26, 2000 and unanimously voted to recommend approval of the Continental Reserve Final Block Plat to the Town Council; and 1 b WHEREAS, Continental Reserve, LLC has filed a Final Block Plat for that property which consists of 20 Blocks to be developed with a mix of residential and commercial development, with a joint school and park site and over 180 acres of open space; and ~ ! WHEREAS, the Marana Town Council has heard from the representative(s) of the owner, staff, and members of the public at the regular Town Council meeting held February 15, 2000 and has determined that the Final Block Plat for Continental Reserve should be approved subject to conditions listed below. .i' NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, that the Continental Reserve Final Block Plat, submitted by Continental Reserve, LLC for a 20-Block subdivision located within the boundary of the Pima Famls Specific Plan, west of Silverbell Road at the Pima Farms Road alignment in portions of Sections 28 and 33, Township 12 South, Range 12 East is hereby approved subject to the following conditions: 1. The maximum allowed density shall be reduced from 2,257 dwelling units to Marana Rem/Ill/VII No. JU()O.I ,) _ Page 10f3 B-2 1,875 dwelling units. (This appears as a General Note on the Final Block Plat). 2. Homes shall be restricted to a single story where fronting on Wade Road and as required in the Specific Plan. (This appears as a General Note on the Final Block Plat). 3. Lot size along Wade Road shall be increased to a minimum of 12,000 sq. ft. (This appears as a General Note on the Final Block Plat). 4. All homes shall be site-built. 5. Emergency access will be constructed by Continental Reserve, LLC, or its assignee, as required by emergency services providers on the Continental Reserve Loop Road. (This appears as a General Note on the Final Block Plat). 6. A revised Block Plat Traffic Impact Analysis, acceptable to the Town Engineer shall be submitted prior to the submittal of the first Preliminary Plat or Development Plan. 7. A sidewalk shall be constructed by Continental Reserve, LLC or its assignee, along the development's frontage on Silverbell Road. 8. Sidewalk and roadway improvements shall be constructed by Continental Reserve, LLC or its assignee, on Wade Road along the development's frontage, acceptable to the Town Engineer. 9. Wade Road and the Wade Road/Ina Road intersection improvements shall be constructed by Continental Reserve, LLC or its assignee, to the satisfaction of Pima County prior to the occupancy of any building on Phase II of the development as delineated in the Block Plat Traffic Impact Analysis. 10. Continental Reserve, LLC, or its assignee shall design as warranted and fund a proportionate contribution to two (2) traffic signals; one (1) at the Silverbell/Sommerton intersection; one (1) at the Silverbell/Wade intersection, if warranted. E= 6 11. Continental Reserve, LLC or its assignee shall submit a Traffic Impact Analysis Addendum verifying conformance with the original Traffic Impact Analysis for each Block or series of Blocks submitted as a Preliminary Plat and/or Development Plan. 12. Continental Reserve, LLC, or its assignee, shall update the Block Plat Traffic Impact Analysis at the end of Phase 1. 13. Continental Reserve, LLC. or its assignee shall fund 50% of a transportation impact fee study for the Continental Ranch region and shall participate in the region:.!l fee. In the event no impact fee is adopted, it shall prepare a Traffic ivbnagement Plan \vhich identifies transportation deficiencies caused by the development and shall identify mitigation measures for off-site improvements. The mitigation measures shall be funded by Continental Reserve, LLC or its assIgnee. 14. The Natural Landscape Area along the west boundary of the Property shall be Mamnn Resollllioll No. l(J(J(J.I') Page2of3 B-3 incre::J.sed from fifteen (15) feet to twenty (20) feet. 15. Over forty percent (40%) of the lineal distance of the southern boundary of the Property shall remain open and without a wall. PASSED Ai~D ADOPTED by the Mayor and Council of the Town of M ana, Arizona, this 15th day of February 2000. ATTEST: Mayo BY SUTTON JR. APPRO V D AS TO FORly!: /? i!!;' //~ tefi ~.;;~<'>/-( As Town Attorney " and not personally L \ ~. j'- . ,4-( f ,/ = = r- r". '-" l\!arnlll1 RcsululjO/l No ~(){)()-/I) PJge 3 of 3 8-4 CONTINENTAL RESERVE DEVELOPMENT AGREEMENT EXHIBIT C PARK SITE DESIGN ? ~,l"~ C-1 } ~ - . : , a ~ = ~ ~ . F ''', ..... ~~[~ i' ( ~_ = - .-~. :; - ;-:~2 :;11 ~~ o I I'V ~ 1 ;~ '~ r i i . , , , ~ "I, / ;: - ;. , ;~ ::2 -i L ~ / " ", /< ,;" :::: r. )--' I~ 'r ~i .{- '''~-- ;16ffikt ! --'-, '. iii . iii :0( \':,; .. \:;; > ,0 ~---- n o ~ z ~ >~~ ~~~ ~t'I1Z r~~ ><> ZtI1r ,,~.. c:: ~5 ~ lOI i ~ ...~ c; n it ~ ~1~ ! "t'l: l!; 0 ~ ; E~ ~ ~ ~: ~ ~~ S ~ i ~ j~ j ~~:i~~ gl~;~~ ~i~~ ~ ~~ga :~~~ ~~ ~~~~ ;~ PI:';II: :. Z ~~~ i~ '-_.-..:.~ .. :: .. i ~;Ei~ n~~. ...... ..04 D ZI n ~~ =..,t~ .~c. ~ OZi: :. C..04 -"' c" :,~~. . S ~ : '" ~~ " -,- I "-'> H ", ~~ ~~ ~~ 1 ~ i r- - = "- w " \ !, ,- ,,' / =.l .\ 8 05 i' _ \ \ I ----~~, 1_ ~ ~ ~__\=:--, ! e a ~ E ! = \\ ~HH H ~ ~ fP =l :: ~ ~ ~5 ~~!= . . ~ ~ ~ ;!: ;':: -;z !:; ....... . ," "".'" CONTllffiNTALRESERVE DEVELOPMENT AGREEMENT EXHIBIT D MAP OF THE PUBLIC ACCESS TRAIL .: 6 -- ? -- , ... 0-1 .. PUBLIC ACCESS TRAILS -. ~. ~; z ~ ~ ~ 0 ... ... .: . ~ . :., r 8 Ja '"' .... .. ~ . J. ... I , ..~ . .. . '. ...... ... .. :i; "i: ... . ::i j .:". -~, !' - :- t= aa. -.- ....... b , ~ ~. d :!~ .. .,.:-. :- -.::-: ~' ~ i-=~~ :. . -.i: I~H ,. z , , If ..~'u. .. 2eJII" .. . :. .. . "" . . . ~ C Co I SITE MAP /SHEET INDEX 1 .. = 500' unN' 0-2