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HomeMy WebLinkAboutResolution 2012-108 Gladden Farms first amendment to agreement for potable and non potableMARANA RESOLUTION NO. 2012-108 RELATING TO UTILITIES; APPROVING AND AUTHORIZING THE MAYOR TO EXECUTE THE FIRST AMENDMENT TO TfJWN {JF 11rIA,KANA AGREEMENT FOR CONSTRUCTION OF POTABLE AND NON-POTABLE �VATER FACILITIES AND PROVISION OF WATER UTIL,ITY SERVICE FOR GLADDEN FARMS WHEREAS the Town of Marana entered into a water service agreement with Gladden Farms LLC dated l�Tovember 5, 2002 and recorded in the affice of the Pima County Recorder on Navember 22, 20Q2 at Docket 11932, Page 611 (the "Original Agreement"); and WF�REAS Gladden Farms LLC assigned its rights and obligations under the Original Agreement ta GL�D�rt Fo�sT LLC, an Arizona limited liability campany (the "Developer"} in Octaber 2002; and ' WHEREAS the Town and the Develt�per entered into a"First Amendment to Town of Marana Agreement far �onstructian of Potable and Non-Patable Water Facilities and Pravision of Water Utility Service for Gladden Farms" dated November 7, 2012 and recorded in the office af the Pima County Recorder on November 16, 2012 at Sequence No.' 20123214642 (the "First Amendment"); and WHEREAS the Town and the Developer now desire to modify the Original Agreement and the First Amendment to remove the Developer's remaining regional water infrastructure obligations and to terrninate further developer reimbursements, sa that regional water infrastructure needed ta provide future water infrastructure capacity for the geographic area that includes the Giadden Farms Project may be provided by the Town as part of its development impact fee funded water infrastructure capital impravements program; and WHEREAS the Mayor and Council find that the terms and conditions of the second amendment are in the best interest c�f the Town. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL �F THE TQWN OF NIARANA, ARIZONA, that the "Second Amendrnent to Town ofMara,na Agreement for Construction af PQtable and Non-Potable Water Facilities and Provision of Water Utility Service for Gladden Farms" attached to and incorporated by this reference in this resolution as E�ibit A is hereby approved and the Mayor is hereby authorized and directed to execute it for and an behalf of the Town of Marana, and the Town's Manager and staff are hereby directed and authorized to undertake a11 other and further tasks required or beneficial to carry out the terms, obligatians, and objectives of the second amendment. Marana Resotution No. 2012-148 - 1- 12t11/2612 3:05 PM FC PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, this 18�' day of December, 2012. Ed Honea, Mayor ATTEST: ocelyn . Bronson, Town Clerk � APPRQ�D AS TO FORM: , Town Marana Resolution No. 2012-108 - 2- 12/11/2012 3:05 PM FC SECOND AMENDMENT TO TOWN OF 11�7�ARANA AGREEMENT FOR CONSTRUCTION OF POTABLE AND NON-POTABLE WATER FACILITIES AND PROVISION OF WATER UTILTTY SERVICE FOR GLADDEN �'+ARMS TOWN OF MARANA, ARIZONA Trtts SECOt�tD AMEt�tv�rtT is entered into by and bet�veen the Tournt oF MAxA1vA, an Ari- zona municipal corporation (the "Town"), and GL�DEN Fo�sT LLC, an Arizona limited liability company (the "Developer"). The Town and the Developer are sometimes referred to collectively as the "Parties," either of which is sometimes individually referred to as a"Party." RECITALS A. The Town and Gladden Farms LLC, a Nevada limite`d liability company, entered into an"Agreement for Construction of Potable and Non-Potable Water Facilities and Provision of Water Utility Service" dated November 5, 2002 and recorded in the office of the Pima County Recorder on November 22, 2002 at Docket 11932, Page bl 1(the "Original Agreement"). B. The Original Agreement addressed the water infrastructure rights anc� obligations re- lating to the development of the lands depicted on the Final Block Plat of Gladden Farms Blocks 1 thru 25 and A thru F, recorded in the Pima County Recorder's office at Book 55 of Maps and Plats, Page 60 (the "Gladden Farms Project"). C. Gladden Farms LLC assigned its rights and obligations under the Original Agreement to the Developer in October 2002. D. The Developer is the sole beneficiary of FIDELITY NATIONAL TITLE AGENCY, INC., an Arizona corporation, as trustee under Trust No. 30212, which is the title owner of the Develop- er's remaining land holdings within the Gladden Farms Project, and to the extent the trust's in- terests are implicated, is signing �his instrument in its capacity as sole beneficiary of the trust. E. The Town and the Developer entered into a"First Amendment to Town of Marana Agreement for Construction of Potable and Non-Potahle Water Facilities and Provision of Water Utility Service for Gladden Farms" dated November 7, 2012 and recorded in the office of the Pima County Recorder on November 16, 2012 at Sequence No. 20123210642 (the "First t�mendment"). F. The Town and the Developer now desire to modify the Original Agreement and the First Amendment with the overall purpose of having the Town take over certain water infrastruc- ture obligations to serve the geographic area that includes the Gladden Farms Project as part of its development impact fee funded water infrastructure capital improvements program. {00032420.DOC / 5} -1- izris�zoia s:aa aM FJc AGREEMENT Now, �xEFOxE, in consideration of the foregoing premises and the mutual covenants set forth in this Second Amendment, the Parties hereby agree as follows: 1. Confirmation of Developer-provided reimbursable water infrastructure. Ta date, the Developer has constructed and installed the generator addressed in the last sentence of paragraph 2.1(a)(iv) of the Original Agreement and the "Phase 1" and "Phase 2" water infrastructure as identified on Exhibit C to the Original Agreement, and is entitled to reimbursement of $591,017.48 of water infrastructure costs under the Original Agreement. Z. Completion and termination of reimbursement. Through July 25, 2012, the Town has reimbursed the Developer $580,500 under the Original Agreement. Within 30 days after the ef- fective date of this Second Amendment, the Town shall reimburse the Developer an additional $10,517.48 from Gladden Farms Project water connection fees paid to the Town since July 2012. Upon receipt of that reimbursement, a11 Developer rights to reimbursement under the Original Agreement and the First Amendment shall terminate. 3. Termination of Developer's remaining storage, fire protection, ph�se 3, and phase 4 water infrastructure obligations. The Developer's storage and fire protection infra,structure obligations addressed in the first sentence of paragraph 2.1(a)(iv) of the Original Agreement and the Developer's "Phase 3" and "Phase 4" water infrastructure obligations as identified on Exhibit C to the Original Agreement are hereby terminated. 4. Confirmation of Developer's obligations for the construction of pipelines internal to remaining unimproved Gladden Farms blocks. The Developer remains obligated to construct all water distribution infrastructure (including and without limitation to potable and non-potable waterline extensions, service lines, valves, meters, meter service, and water easements) contem- plated by the Original Agreement and located within and required to serve the remaining unim- proved Blocks 7/13,14, 15, 16, and 22/24 of the Gladden Farms Project. 5. Deletion of self-sustaining revenue requirement. The last two sentences of para- graph 3.3 of the Original Agreement are hereby deleted. 6. Confirmation of Developer's performance under the Original Agreement. With refer- ence to paragraph 5.1 of the Original Agreement, the Town acknowledges that the Developer is not in default of any terms of the Original Agreement and that as of the date of this Second Amendment the Developer has met and satisfied each and every condition of the Original Agreement. 7. Effect on other provisions of the Original Agreement. Except as expressly modified in this Second Amendment, the provisions of the Original Agreement shall rernain in full force and effect. 8. Effect on the First Amendment. The provisions of the First Amendment are hereby ter- minated. (00032420.DOC / 5} - 2- 12/18/2012 8:42 AM FJC 9. Miscellaneous 9.1. Binding effect. This agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, successors and assigns of the Parties. 9.2. Cancellation for conflict of interest. This agreement is subject to A.R.S. § 38-511, which provides for cancellation in certain instances involving conflict of interest. IN WITNESS WHEREOF, the Part�es have executed this Agreement as of the last date set forth below their respective signatures. Towrr: Towtv oF MA�NA, an Arizona municipal corporation By: d Honea, Mayor Date: �� �/�— �� DEVELOPER: GLADDEN FOREST L.L.C., an Arizona limited liability company By: Fox�ST Ct'rx LANn GROUP, INC., an Ohio corporation, its managing member : Dean Wingert, Senior Vice President Date: The foregoing instrument was acknowledged befare me on by Dean Wingert, Senior Vice President of Fox�sT C�TY LA1vn GxouP, INC., an Ohio corporation, managing member of GLADDEN FOREST, L.L.C., an Arizona limited liability company, on behalf of the L.L.C. (Sea1) Notary Public {00032420.DOC / 5} - 3- 12/18/2012 8:42 AM FJC A�sT: ocelyn . Bronson, Clerk