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HomeMy WebLinkAboutResolution 2003-061 development agreement with FCD ventureMARANA RESOLUTION NO. 2003-61 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, AUTHORIZING THE APPROVAL AND EXECUTION OF A DEVELOPMENT AGREEMENT BETWEEN THE TOWN OF MARANA AND FCD MARANA VENTURE I, L.L.C., FOR THE DEVELOPMENT OF PROPERTY BY FCD MARANA VENTURE I, L.L.C. WHEREAS, FCD Marana Venture I, L.L.C. ("Developer"), owns 494 acres of property ("Property"), which is located within the limits of the Town of Marana; and WHEREAS, Developer intends to construct a master-planned community, including single-family residences, commemial uses, and recreation/open space on the Property; and WHEREAS, t he s taft o f t he T own and t he Developer h ave prepared the Development Agreement attached hereto as Exhibit "A" and incorporated herein by this reference; and WHEREAS, the Mayor and Council and the Developer acknowledge that the development of the Property pursuant to the 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 Specific Plan, the Northwest Marana Area Plan and General Plan, and the Conceptual Block Plat; and WHEREAS, the Mayor and Council have determined that the development of the Property will stimulate the Town's economy, and that the Town will receive good and adequate consideration for its performance of the provisions of the Development Agreement; and WHEREAS, pursuant to A.R.S. § 9-500.05, the Town is authorized to enter into development agreements relating to property in the Town; and WHEREAS, the Mayor and Council have determined that the terms of the Development Agreement are unobjectionable and do not conflict with the Town's general plan or with the interests of the Town or its residents; and WHEREAS, the Mayor and Council have determined that approval of the Development Agreement is in the best interests of the Town and its residents. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, that the Development Agreement, attached hereto as Exhibit "A" and incorporated herein by this reference, is hereby approved. Marana, Arizona Resolution No. 200341 Page 1 of 3 BE IT FURTHER RESOLVED by the Mayor and Council that the Mayor is hereby authorized to execute the Development Agreement on behalf of the Town of Marana. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 3rd day of June, 2003. ATTEST: APPROVED AS TO FORM: .,,,,--'~aniel J. H~"~huli, Esq. As Town Attorney and not personally Marana, Arizona Resolution No. 200341 Page 2 of 3 SANDERS ~ $taVB~lO /2001 09:53 Fk,[ 520 623 5702 LAWYERS TITLE AZ ~009/015 Exhibit A CASE NO. 408051 Parcel That portion of the South Half of Section 26, Township t'~.South~ Range l'J East, Gila and Salt River Base and Meridian, Pima County, Arizona, lying Southerly and We~{arly of that portion conveyed to Cortaro-Marana Irrigation District in Docket 19a5 at page 243. EXCEPT the South 30 feet within the right of way of Grier Road #112 (Moore Road) as shown in Book 2 of Road Maps at page ~26; AND EXCEPT the West 30 feet within the right of way of Pestvale Road #28 as shown in Book I of Road Maps at page 70. AND EXCEPT that portion conveyed to the Town of Marana by Deed recorded in Docket 90~4 at page 1524, more particularly described as follows; ' BEGINNING at the Northwest comer of the Southwest Quarter of said Section 26, Township 11 South, Range East; . ,ENCE North 89 degrees 45 minutes 37 seconds East, along the No~rth line of said Southwest Quarter of Sect[on 26, a distance of 1805.05 feet to a point in the SoUthwest Hght of way line of [nteretate Highway 10; THENCE South 49 degrees 36 minutes 21 seconds East, along said Southwest right of way Pine, 47.90 feet; THENCE Northwesterly along a curve concave to the South having a radius of 25.00 feet and a central angle of 41 degrees 38 minutes 02 seconds, ~8,'J? feet; THENCE South 89 degrees 45 minutes 37 seconds West parallel to and 25.00 feet South of the North line of said Southwest Quarter, 1569.80 feet; THENCE Southerly along a curve concave to the Southeast having a radius of 25.00 feet and a central angle of 89 degrees 51 minutes 26 seconds, 39.21 feet; THENCE South 88 degrees 45 minutes 37 seconds West, 30.00 feet to a point in the West line of sald Southwest Quarter of Section 26; THENCE North 0 degrees 05 minutes 49 seconds West, 49.94 feet to the POINT OF BEGINNING, EXCLUDING THEREFROM any portions previously dedicated as public right of way. Parcel II the South Half of Section 27, Township 11 South, Range ~'J East, Gila and Salt River Base and Meridian, PJma ~ounty, Arfzona. ~X' '~T the East 30 feet within the dght of way of Postvale Road #28 as shown in Book I of Road Maps at page 0; ,/2001 09:54 FAX 520 623 5762 LAYP/ERS TITLE AZ ~010/01§ AND EXCEPT the South 30 feet within the right of way of erier Road #112 (Moore Road) as shown in Book 2 of Road Maps at page AND EXCEPT the West 30 feet within the right of way of Grief Road #117 (Sandario Road) as shown in Book 2 of Road Maps at page '174; AND EXCEPT the North 25 feet within the right of way of Barnett Road as shown in Book 14 of Roa~l Maps at page 2,2 F. ANN RODRIGFEZ, RECORDER RECORDED BY: .J1' D\... .;,ry RECORDER 1541 PE3 DOCKE~: 12071 PA~ 4475 NO. _~ PAGES: 28 SEQUENCE: 20031141033 06/13/2003 AG 15:53 SMARA TOWN OF MARANA ATTN: TOWN CLERK 13251 N LON ADAMS RD MARANA AZ 85653 MAIL AMOUNT PAID $ 19.50 ~kV L. v\' \"IUIIV.l ""'" J.'\..U., kJU1l""" .1 .1 V Tucson,PlZ 85705 DEVELOPMENT AGREEMENT BETWEEN TOWN OF MARAN A, ARIZONA, AND FCD MARANA VENTURE I, L.L.C. i ? (} ..... ".I .. .! -": 4 n j" !J Original 1 of 2 TABLE OF CONTENTS Page E XHIB IT LIS T ....................................................................................................................... iii RECITALS: ...... .............................................................. ........ ..... ... ... .............. ......... ......... .... ...1 A G RE EME NT: ........................................................................................................................ 2 1. Rezoning and Development Plans................................................................................ 2 1.1. Development in Accordance with the Northwest Marana Area Plan, MDC, the Specific Plan and Conceptual Block Plat...........................................................2 1.2. Rancho Marana Specific Plan.......... .......... .......................... ....................................2 1.3. Design Guidelines....................................................................................................2 1.4. Phasing of Development. ..... ....................................................................................2 1.5. Density.. ...................................................................................................................3 1.6. Farm Field Five. ........................................................................................................3 2. Infrastructure Improvements .................................... .......................... ......... ....... ...........3 2.1. Regional Public Infrastructure....................... ............................... ....... ............. .......3 2.2. Water Utilities..........................................................................................................4 2.2.1. Transfer of Grandfathered Water Rights .....................................................4 2.3. Sewer Facilities........................................................................................................4 2.4. Roadway Improvements..........................................................................................4 2.4.1. Moore Road.................................................................................................4 2.4.2. Lon Adams Road ................................... .................... .... ..............................4 2.4.3. Civic Center Drive.......................................................................................4 2.4.4. Vanderbilt Farm Boulevard........................................................... ..............4 2.4.5. Proportionate Financial Share......................................................................5 2.5. Barnett Linear Park..................................................................................................5 2.5.1. Park Improvement Contribution... ...............................................................5 2.6. Irrigation System......................................................................................................6 2.6.1. Cortaro-Marana Irrigation District ("CMID") ............................................6 2.7. School Improvement Contribution ........ ..................................................... .............6 z i 3. Responsibility for Financing Infrastructure Improvements ...................................... 6 i") L o 4. Cooperation and Alternative Dispute Resolution ....................................................... 6 4.1. Appointment of Representatives..............................................................................6 4.2. Timing......................................................................................................................6 4.3. Default; Remedies....................................................................................................6 ? 1 5. Protected Develop men t Righ ts ............................................................... .............. ..... ... 7 5 .1. Purpose..................................................................................................................... 7 5.2. Future Impact Fees................................................................................................... 7 4 z4! .. !r! "' z- = = : 6. Notices an d Filin gs . ....... .......... .................. ..................... .................. ................ ..... ........ 7 6.1. Manner of Serving .... .... ............... ............. ................... ... ... ... ................. ..................7 7. General Terms & Conditions ....................................................................................... 8 7.1. Term......................................................................................................................... 8 7 .2. Waiver. ..................................................................................................................... 9 7.3. Attorneys ' Fees........................................................................................................9 7.4. Counterparts.............................................................................................................9 7.5. Headings and Recitals..............................................................................................9 7.6. Exhibits....................................................................................................................9 7.7. Further Acts.............................................................................................................9 7.8. Future Effect........................................................................................................ ....9 7.8.1. Successors....................................................................................................9 7.9 . Termination Upon Sale to Public........................................................................... 1 0 7.10. No Partnership and Third Parties....................................................................... ....1 0 7.11. Other Instruments............... ............ ....... ............................................................. ....10 7.12. Imposition of Duty By Law ...................................................................................10 7.13. Entire Agreement. ......... .................. .......................................................................10 7.14. Amendment......................................................................................................... ...1 0 7.15 . Names and Plans.................................................................................................. ..11 7.16. Good Standing; Authority.............. .................................................... ................... .11 7.17. Severability............................................................................................. ............. ..11 7.18. Governing Law/Arbitration ...................................................................................11 7.19. Recordation........... ...... ........ ................... .................................... ............... ........... ..11 7.20. No Developer Representations................................................................. .............12 7.21. Approval.............................................................................................................. ..12 7 .22. Force Majeure....................................................................................................... .12 -! i =: L {} .: 1 4 4 , = ... ... =./ EXHIBIT LIST Exhibit # Description of Exhibit Prepared By A Map of the property. Developer B Legal description of the property Developer C Rancho Marana Specific Plan Town D Conceptual Block Plat Developer D Cross-Section of Moore Road Developer D Cross-Section of Lon Adams Road Developer D Cross-Section of Civic Center Drive Developer D Cross-Section of Vanderbilt Farms Blvd. Developer ~- D Barnett Linear Park Developer i l'Jo '"- ? ~ . .!. :; .,. 4 ? o u DEVELOPMENT AGREEMENT THIS DEVELOPMENT AGREEMENT (hereinafter "Agreement") is made by and between the TOWN OF MARANA, an Arizona municipal corporation (hereinafter "Town"), and FCD MARANA VENTURE I, L .L.C., an Arizona limited liability company (hereinafter "Developer"), its successors and/or assigns. RECITALS: A. The Developer owns or will own approximately 494 acres of real property within the corporate limits of the Town, as depicted on the map attached hereto as Exhibit "A" and legally described on Exhibit "B" (hereinafter collectively referred to as the "Property"). B. The Developer intends to construct a master-planned community, including single- family residences, commercial uses, and recreation/open space on the Property. C. Pursuant to the Amended Rancho Marana Specific Plan, which was approved February6, 1990 and amended on May 18,1999, (the "Specific Plan"), or as it maybe further amended, in order to facilitate development of the Property as delineated in the Conceptual Block Plat, attached hereto as Exhibit "D". D. The future development of the Property shall be subject to, among other things, (i) the Northwest Marana Area Plan and General Plan, (ii) conditions of the Specific Plan, and (iii) Conceptual Block Plat, (iv) 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"), all as amended from time to time, 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, recreation/open space and commercial opportunities. E. The Developer and the Town desire that the Property shall be developed in accordance with the MDC, the Ordinance, the Northwest Marana Area Plan and General Plan, and the Conceptual Block Plat 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. 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 by providing for, among other things, conditions, terms, restrictions and requirements for the construction and installation of public infrastructure as more particularly described herein, the phasing over time of construction or development on the Property, and other matters related to the development of the Property. 1 :-:> L o r! / 1 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 ... .q 4 ? q .... .J MDC, the Specific Plan, the Northwest Marana Area Plan and General Plan, and the Conceptual Block Plat. 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. Rezoning and Development Plans. 1.1. Development in Accordance with the Northwest Marana Area Plan, MDC, the Specific Plan and Conceptual Block Plat. Prior to the approval and execution of this Agreement, the Town approved the Specific Plan. The Property shall be developed in accordance with the Specific Plan, which, in conjunction with the Northwest Marana Area Plan, the M DC and the Conceptual Block Plat, sets forth the basic I and 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 Specific Plan, the MDC and other Town ordinances, rules, regulations and state laws, the Town agrees to approve or permit such plans, specifications, and/or plats of or for the Property as may be requested by the Developer and which are consistent with the Specific Plan, the Northwest Marana Area Plan, the Conceptual Block Plat, and the MDC. 1.2. Rancho Marana Specific Plan. The Developer agrees to fulfill all conditions outlined in the Specific Plan and as may be clarified by this Agreement or future amendments for the Property. 1.3. Design Guidelines. In compliance with the Specific Plan, and in order to ensure a high level of design, the Developer has included detailed community design guidelines (the "Design Guidelines") with the Conceptual Block Plat. The Design Guidelines include, but are not limited to, restricted fencing and subdivision design limitations. 1.4. Phasing of Development. The Developer intends to build the Property in six phases (approximately 472.1 acres plus 22.3 acres of open space): · Phase I is the portion of the Property which will include the approximate 69.4 acres known as Farm Field Five in the Conceptual Block Plat (Exhibit "D"). .. i G · Phase II is the portion of the Property that is identified as Blocks 1 and 13, approximately 74 and 21 acres respectively, as identified in Exhibit i'1 .... .. i "D" . 4 · Phase III is the portion of the Property that is identified as Block 2 in Exhibit "D", approximately 98.2 acres. ... q n o n ~ · Phase IV is the portion of the Property that is identified as Blocks 7 and 8 on Exhibit "D", having 24.0 and 23.8 acres respectively. -2- -' . Phase V is the portion of the Property that is identified as Blocks 9, 10, 11 and 12 in Exhibit "D", 8.5 acres, 11.3 acres, 17.5 acres and 15.2 acres respectively. . Phase VI is the portion of the Property that is identified in Exhibit "D" as Blocks 3, 4, 5 and 6, 43.5 acres, 8.3 acres, 18.2 acres and 39.2 acres respectively. The Developer has the option of amending the phasing sequence at its discretion, with the approval of the Town, except for the following: That portion of the Property adjacent to the Town Civic Center, identified in the Conceptual Block Plat as Blocks 9, 10, 11 and 12, bordered on the north by Barnett Linear Park, on the west by Civic Center Drive, on the east by Lon Adams Road, and the south by VanderbiIt Farms Boulevard, which will not be developed with varying densities and/or uses prior to the year 2008, unless they are developed with densities or land uses which are consistent with those identified in Exhibit "D". The Town may request that the Developer amend the phasing sequence at such time the Town demonstrates the need to accelerate some of the infrastructure such as roads and drainage and Develop shall work with the Town to affect such phasing as is reasonable. 1.5. Density. The Property is proposed to be developed as shown on the Conceptual Block Plat. This includes approximately 241.6 acres as medium density residential, approximately 101.5 acres medium-high density residential, approximately 11.3 acres high density residential, approximately 8.5 acres commercial, approximately 1 09.2 acres employment center, and approximately 22.3 acres open space. The Town and the Developer agree that as the development of the Property proceeds in the phasing process, those parcels located north of V anderbiIt Farms Boulevard may be developed at a lower density than that which is shown on the Preliminary Block Plat, that lower density being medium density residential. It is acknowledged that the portion 0 f the property identified as Phase V above shall not be developed at a density lower than currently identified until at least 2008. 1.6. Farm Field Five. The Farm Field Five Final Plat can proceed independently of the Final Block Plat of the Property pursuant to Marana Resolution No 2002-148 dated December 17, 2002. 2. Infrastructure Improvements. i 2.1. Regional Public Infrastructure. The Public Infrastructure described in Section 2 of this Agreement will be designed and constructed by Developer in order to serve the planned development of the Property, but will also facilitate and support the ultimate development of the larger land area that includes the Property (the "Regional Public I nfrastructure"). The Town acknowledges that portions of the Regional Public Infrastructure will be provided as part of the early phases of development of the Property, prior to the time when such public infrastructure facilities and services would otherwise be required to serve completed phases of the development within the Property and, therefore, prior to the time Developer might otherwise be required to provide or contribute to the cost of same and prior to the time the expense of such public infrastructure facilities and services otherwise would be justified by the phasing of development of the Property. Developer : : L G ....... z z 1 4 .d : o 1 - 3 - is willing to provide the Regional Public Infrastructure earlier than otherwise required for its private development of the Property, and to have such Regional Public Infrastructure utilized to facilitate and support development of the larger land area that includes the Property only if Developer can complete development of the Property as provided for in this Agreement. The Town aclmowledges this commitment by Developer and will reasonably cooperate to allow this development to proceed pursuant to this Agreement. 2.2. Water Utilities. The Developer and the Town are currently negotiating a Water Service Agreement, which sets forth the various agreements of the parties relating to, among other things, the development, construction, dedication, ownership, and design of the water system which shall serve the Property. This Water Service Agreement shall be entered into prior to recordation of the Final Block Plat for the Property. The Town will act on the Water Service Agreement within a reasonable time. 2.2.1. Transfer 0 f G randfathered Water Rights. As stated in the Water Services Agreement, the Developer shall transfer to the Town all Type II non-Irrigation Rights, as prescribed by the Arizona Department of Water Resources, the Irrigation Grandfathered Rights (IGR) water rights on lands deeded to the Town pursuant to the Certificate of Grandfathered Water Rights. On lands not deeded to the Town, extinguishment credits will be transferred to the Town on the appropriate Department of Water Resources form. In exchange, the Town shall provide designation of assured water supply and water service to the Property. 2.3 Roadway Improvements. 2.3.1. Moore Road. Moore Road is planned as a 250-foot right-of-way. A cross-section of Moore Road is attached as Exhibit "E". The Developer will install landscaping along the 20-foot wide buffer area on the north side of Moore Road pursuant to Exhibit "E". These improvements will be installed contemporaneously with each development block contiguous to Moore Road, and will be completed prior to the release of the assurances posted to assure completion of the improvements set forth on the final plat for each development block delineated on the Conceptual Block Plat. 2.3.2. Lon Adams Road. Pursuant to the Conceptual Block Plat, Lon Adams Road will be a 90-foot right-of-way. A cross-section of Lon Adams is attached as Exhibit "F". The Developer shall construct Lon Adams Road pursuant to Exhibit "F" in Phase III, or as required and necessary to serve adjacent blocks to be developed. 1 ? 2.3.3. Civic Center Drive. The Developer will improve Civic Center Drive for its entire length within its Property. Civic Center Drive will be a 9 O-foot right-of-way. A cross-section of Civic Center Drive is attached as Exhibit "G". The improvements will be completed in Phase IV, or as required and necessary to serve adjacent blocks to be developed. (J ? i .i. 2.3.4. Vanderbilt Farms Boulevard. The Developer will improve Vanderbilt Farms Boulevard for its entire length across the Property. Vanderbilt Farms Boulevard will be a 90-foot right-of-way. A cross-section of Vanderbilt Farms Boulevard is attached as Exhibit "H". The improvements will be completed in four phases, or as required and necessary to serve adjacent blocks to be developed. .tt . 4 >0 u ~ - 4- 2.4.5. Proportionate Financial Share. Pursuant to the Specific Plan requiring the Developer to contribute its proportionate financial share to regional transportation improvements, completion of all improvements in Section 2.4 of this Agreement is deemed to satisfy the Specific Plan. Nothing in this Section 2.4.5 precludes the Town from levying future impact fees for transportation as otherwise permitted pursuant to this Agreement and other laws. 2.4. Barnett Linear Park. It is the Developer's intent, which the Town acknowledges and relies upon, to incorporate significant drainage / recreational facilities, including Barnett Linear Park and trail system. Based on an estimated 1440 residential units, Developer shall identify a minimum of 23 acres of public park land and trail system acceptable to the Development Services Administrator and Parks and Recreation Director. The public park land, trail system and associated facilities will primarily be incorporated into the Barnett Linear Park. The Barnett Linear Park will be constructed in Phases II and III of the Property, in accordance with the plan attached hereto as Exhibit "I". The construction and transfer of ownership of the Barnett Linear Park pursuant to this Section 2.5, satisfies all requirements for retention requirements for the residential portion 0 f t he Property, except for approximately 1 1 acres 0 f additional retention area required as shown on the Conceptual Block Plat. Upon the Town's completion of the Barnett Linear Park channel outside of the Property and providing positive drainage into the Santa Cruz River, retention and detention requirements will not be necessary for this Property. Conveyance of the right-of-way for construction of the Barnett Linear Park within the Property will be dedicated to the Town as part of the Final Block Plat or twelve (12) months after the approval of the Farm Field Five Final Plat, whichever is earlier. 2.4.1. Park Improvement Contribution. In addition to providing a minimum of 23 acres of public park land and trail system acceptable to the Development Services Director and Parks and Recreation Director, a [$1,000] per subdivided residential lot (the "Park Improvement Contribution") shall be due and payable at the time building permits are issued for each residential lot. Such Park Improvement Contribution shall be utilized to improve the Barnett Linear Park and Trail System within the Project. Town shall grant to Developer a credit against the Park Improvement Contribution for Town approved expenses for Park and Trail System Improvements. Eligibility of improvements to receive credit shall be determined by the Development Services Administrator and Parks and Recreation Director. Park and Trail System improvements not eligible for credit shall include grading and dirt work by the Developer. 2.4.2 Onsite Private Recreational Facilities. Within each platted block, private recreational facilities shall be constructed on a site of not less than 185 square feet per residential unit. Site and facility design shall be approved by the Town Parks and Recreation Director and Development Services Administrator. i :'J: L (1 ? 1 ... .n -. 2.5 Fire Protection. Prior to issuance ofthe certificate of occupancy for any dwelling unit, the Developer shall have completed the process of having the Property annexed into a fire district if the Property is already not annexed. The fire district must be capable of providing fire prevention, fire suppression and other emergency services, and must be approved by the Town, and such approval shall not be unreasonably withheld ifnot already annexed. ... -". . . ....... - 5 - -' 2.6 Bank Protection: In satisfaction of Town Ordinance No. 99.02, Developer shall pay $ 500.00 per acre 0 fa ffected property for b ank protection. T he Developer shall pay this obligation on a block by block basis, prior to any release of any subdivision assurances for the block. 2.7 Irrigation System. The Developer shall develop and construct an irrigation system, acceptable to the Utility Director and Development Services Administrator, dedicated to the Town, to distribute irrigation water throughout the Property. 2.71 Cortaro-Marana Irrigation District ("CMID"). In compliance with the Specific Plan, the Developer is working with CMID to enter into a formal agreement concerning the maintenance of the necessary irrigation system and well sites to perpetuate the ability for CMID to have their users irrigate as necessary. 2.8 School Improvement Contribution. A [$1,200] per subdivided residential lot (the "School Improvement Contribution") shall be due and payable at the time building permits are issued for each residential lot. Town shall grant to Developer a credit against the School Improvement Contribution for (i) Town approved educated-related equipment donated by Developer and for (ii) Town approved real property donated by the Developer (to be valued at $25,000.00 per acre). Eligibility of improvements to receive credit shall be determined by the Town Manager. 3. Responsibility for Financing Infrastructure Improvements. Upon request of the Developer, the Town staff shall process any request for a Community Facilities District pursuant to A.R.S. S 48-701, et seq. and the Town's Guidelines for Establishment of Community Facilities Districts, and the Town Council shall reasonably consider such request for a Community Facilities District. 4. Cooperation and Alternative Dispute Resolution. 4.1. Appointment of Representatives. To further the commitment of the parties to cooperate in the progress of the 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 (the "Town Representative") shall be the Development Services Director, and the initial representative for the Developer shall be Mike Carlier or, upon written notice to the Town, 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 of the Property. 1 n L. ~ 4.2. Timing. The Town acknowledges the necessity for prompt review by the Town of all plans and other materials (the "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. ? 1 .... -... -4 ....... -4 4.3. 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 -6- .,& 6.1 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 4.3, 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 4.3 shall not limit any other rights, remedies, or causes of action that either party may have at law or in equity. 5. Protected Development Rights. 5.1. Purpose. 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 Northwest Marana Area Plan, the MDC, the Specific Plan and the Conceptual Block Plat, in order to ensure reasonable certainty, stability and f aimess tot he Developer 0 ver the term 0 f t his 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. 5.2. Future Impact Fees. In consideration for the roadway, parks, sewer, water and irrigation improvements funded and/or constructed by Developer pursuant to this Agreement, in the event the Town adopts an impact fee as set forth in A.R.S. S 9-463.05 for which Developer has paid a voluntary fee or constructed improvements pursuant to Section 2 of this Agreement, Developer shall be entitled to a credit for such contributions in an amount equal to either the amount of such voluntary fee payments or the actual construction costs of such improvements, as applicable. 6. Notices and Filings. i 2 -~ ~ ? 6.1. 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, to (or to such other addresses as either party hereto may from time to time designate in writing and deliver in a like manner): .. .1 4 4 - 7 - "oJ. The Town: Town of Maran a Planning Director 13251 N. Lon Adams Road Marana, Arizona 85653 With a copy to: Daniel J. Hochuli, Esq. Hochuli & Benavidez, P.C. 220 East Wetmore Rd., Suite 110 Tucson,Arizona 85705 The Developer: FCD Marana Venture I, L. L. C. c/o Donald M. Edwards Edwards, Largay & Co., PLC 333 East Osborn Road, Suite 260 Phoenix, Arizona 85012 With a copy to: Mike Carlier/Sandy Alter Carlier Company 3561 E. Sunrise Drive, Suite 105 Tucson AZ 85718 With a copy to: .: i Kyle Hettinger Brown & Bain 2901 N. Central, Suite 2000 Phoenix AZ 85012-2788 :n: L- a :-: OJ' .. .i. 7. General Terms & Conditions. 4 4 o z0- o 7.1. 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 - 8 - 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-five (25) years from the date of this Agreement. If the parties determine that a longer period is necessary for any reason, the term ofthis Agreement may be extended by written acknowledgment executed by the parties. 7.2. 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. 7.3. 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. 7.4. Counterparts. T his Agreement may bee xecuted in two 0 r 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. 7.5. Headings and Recitals. The descriptive headings of the sections of this Agreement are inserted for convenience 0 nly and sh all not control or affect the meaning 0 r 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. 7.6. 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. 7.7. 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. i n L (} ? 1 4 4 8 ? 7.8. Future Effect. 7.8.1. Successors. All of the provisions hereof shall inure to the benefit of and be binding upon the successors, assigns and legal representatives of the parties hereto, except as provided in Section 7.9 below. To the extent permitted by law, the Developer's rights hereunder may be freely assigned by a written instrument, approved by the Town and recorded - 9 - in the Official Records of Pima County, Arizona, expressly assigning such rights. Notwithstanding the foregoing to the contrary, obligations of the Developer hereunder shall be binding upon anyone owning any right, title or interest in the Property, provided such obligation has been specifically assumed in writing and such writing has been approved by the Town and recorded in the Official Records of Pima County, Arizona. The Town understands that the Developer may create one or more entities or subsidiaries wholly owned or controlled by the Developer, the individuals that currently control Developer or Mike Carlier (each, an "Affiliate") 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 continue unless released by the Town by written instrument. 7.9. 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 of longer 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. 7.10. 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. 7.11. Other Instruments. Each party hereto sh all, promptly upon the request 0 f t he 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. 7.12. Imposition of Duty By Law. This Agreement does not relieve any party hereto of any obligation or responsibility imposed upon it by law. 7.13. 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. 1 or::; .=:.. M ...... ? .. i 7.14. 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, the Specific Plan and the Conceptual Block Plat, 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 7.1. If the Developer determines that it would be beneficial to amend this Agreement to include adjacent 4 il . 8 no o - 10 - lands owned by the Developer (or any Affiliate), 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. 7.15. 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, however, that in connection with any conveyance of portions of the infrastructure as provided in this Agreement such rights pertaining to the portions of the infrastructure so conveyed shall be assigned to the extent that such rights are assignable, to the appropriate governmental authority. 7.16. Good Standing: Authority. The Developer represents and warrants to the Town that it is duly formed and validly existing under the laws of Arizona. 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 individua1(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 signing. 7.17. 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 either party 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 that party to take such action at its discretion. If, however, such party fails to take the action specified hereunder, the other party shall be entitled to terminate this Agreement. 7.18. 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. 938-511. 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. ~ : .. L tj s-:; .f .;! i 4 .Ii ... 7.19. 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. 8 - 11 - 7.20. 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 of the Property. 7.21. Approval. If 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. 7.22. Force M aieure. If any party hereto shall be unable to 0 bserve 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 of their 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 judgment 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. Date: O{J/llL ~ a(J~3 AITEST: TOWN OF MARANA an Arizona municipal corporation BY"i::t1i-::- ...\ .,' "'lfW-q ~ .\~>."m'f:!!,~. - ~ ":~ 'lI,~~,y ~4'~ ~ O';::::~'^PPOflA'" "?t..'-t- ~ J",i,:{ ~'J, I I If ~-P.. w" c::x::o .... .. - ""'lG'IAL~' - ;~ :::tl& f!- "':2'~ .,gj ~ "~., ~;: ~'J.!;mt\\~ ~ 1~::~ t ~ ~,"~:s: i ? o ? i 4 P- ., 9 (; - 12 - ,ll 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 tOfue:;~ ~o U, sq. Attorney for Town of Maran a ii ... n ~ ? 1 4 -~ , 9 1 ... - 13 - Date: ~c.. ~ t 2..oo~ FCD Marana Venture I, L.L.c., an Arizona limite ',\bility comp(\l '1 By ~ Its 1ttA./I AS c.r STATE OF ARIZONA ) 'Iv. ,,' ) ss. County oflJJfLV ('1-[)1{ ) { ~ffi @ The foregoing document w'f' sworn to and "c~owledged befo~ me the ,!~ day of (=--'iL JU..- , 2003, by Ui'1I11d'1}1 'idilJald1of Fl7J lnMt1Jt'd)e~, an Ariz na cPfrjclrMiPft. i . LLC ;[;, /;){JllLh!2 It /'Valle ~ Public My commission expires: ~d~! Jtl5 . ~!2IJ.UI .-PUBLlC-_" MAADRCUlY IrCamnL fII*IIlDl 23. - 218858_2 ~ i ::p L o "J 1 4 4 9 2 - 14 - Exhibit A I ~~ I ~ .. fl~ I ~~ t::3 ~... (l) rTl Z (;') )> "U ~o 0;0 :::l ~~o >V)z ~ ::r: ~"U~ a ~:::~ R -IV) OV) ~ 32cO ~ * I ~~~ a I ::~::r: ~ .,z )> 0(;') r 5rTl" ~ ;~o ~~" ~ rTl V) " j )>rTl V)O I ,:-4:::! I 0 z j V) I I N i -..J I I ~ N I (Xl I .. I }:.. I L (} I"; ~ z- I i -1 ... L ... .=:.!. . 4 Q "" .::J: - . I J ; i , Ii , " Exhibit B CASE NO. 408061 Parcel I That portion of the South Half of Section 26, Township 1 ~"..south, Range 11 East, Gila and Salt River Base and Meridian, Pima County, Arizona, lying Southerly and Westerly of that portion conveyed to Cortaro-Marana Irrigation District in Docket 1985 at page 243. EXCEPT the South 30 feet within the right of way of Grier Road #112 (Moore Roa~) as shown in Book 2 of Roa~ Maps at page 126; AND EXCEPl' the West 30 feet within the right of way of Postvale Roact #28 as shown in Book 1 of Road Maps at page 70. AND EXCEPT that portion conveyed to the Town of Marana by peed recorded In Docket 9014 at page 1524, more particularly described as follows: BEGINNING at the Northwest comer of the Southwest Quarter of said Section 26, Township 11 South, Range 11 East; . THENCE North 89 degrees 45 minutes 37 seconds East, along the North line of said Southwest Quarter of Section 26, a distance of 1605.05 feet to a point in the Southwest right of way line of Interstate Highway 10; THENCE South 49 degrees 36 minutes 21 seconds East, along sa'~ Southwest right of way line, 47.90 feet; THENCE Northwesterly along a curve concave to the South having a radius of 25.00 feet and a central angle of 41 degrees 38 minutes 02 seconds, 18.17 feet; THENCE South 89 degrees 45 minutes 37 seconds West parallel to and 25.00 feet South of the North line of said Southwest Quarter, 1569.80 feeti THENCE Southerly along a cUlVe concave to the Southeast having a radius of 25.00 feet and a central angle of 89 degrees 51 minutes 26 seconds, 39.21 feet; THENCE South 89 degrees 45 minutes 37 seconds West, 30.00 feet to a point In the West line of said Southwest Quarter of Section 26; 1 THENCE North 0 degrees 05 minutes 49 seconds West, 49.941eet to the POINT OF BEGINNING, EXCL.UDING THEREFROM any portions previOUSly dedicated as public right of way. ....... L ,." i!.::j! n 1" '" , Parcel II ... .q -4 7 4 The South Half of Section 27, Township 11 South, Range 11 East, Gila and Salt River Base and Meridian, Pima County, Arizona. EXCEPT the East 30 feet within the right of way of Postvale ~oa~ #28 as shown in aook 1 of Road Maps at page 70; Exhibit B Continued AND EXCEPT the South 30 feet within the right of way' of Grier Road #112 (Moore Road) as shown.in Book 2 of. Road Maps at page 127; AND EXCEPT the West 30 feet within the right of way of Grier Road #117 (Sandarlo Road) as shown In Book 2 of Road Maps at page 174; AND EXCEPT the North 25 feet within the right of way of Bartlett Road as shown In Book 14 of Roa.d Maps at page 21. 1 2 o ? 1 4 4 n. ? 5 , .' EXHIBIT C Due to size restrictions for documents requiring recordation, the Rancho Marana Specific Plan has not been included in this development agreement. It is available for review during normal business hours at the Marana Town Hall. 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