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HomeMy WebLinkAboutResolution 2002-036 agreement with kb home tucson inc for construction of water facilitiesMARANA RESOLUTION NO. 2002-36 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, AUTHORIZING THE APPROVAL AND EXECUTION OF A DEVELOPMENT AGREEMENT DB~E.TWEEN THE TOWN OF MARANA AND THE BCI~' GROUP LVELOPMENT OF THE AREA KNOWN AS T~4~ .......... , LLC, FOR THE ~ ~ LUCAS DEVELOPMENT. WHEREAS, the Mayor and Council of the Town of Marana have approved the final block plat for the San Lucas Development, located east of I-10 and north of Tangerine Road; and WHEREAS, as a condition of the rezoning of the property, the Town of Marana and BCW, LLC, the developer of the project, are required to enter into a Development Agreement to formalize various development requirements; and WHEREAS, pursuant to A.R.S. § 9~500.05, the Townis authorized to enter into development agreements relating to property in the Town; and WHEREAS, the staff of the Town has prepared the Development Agreement attached hereto as Exhibit "A" and incorporated herein by this reference; and WHEREAS, the attached Development Agreement provides assurances that the development of the 293 acres of the San Lucas Development conforms to the rules and regulations of the Northwest Marana Area Plan, rezoning conditions, Preliminary and Final Plats, and the Marana Development Code, establishes two sunset provision dates, addresses on-site infrastructure requirements including water utilities, wastewater, parks, fire protection, and school sites, and addresses vehicular access including a Marana Road Extension, an alternate emergency access, the Marana Road Railroad Crossing, and construction traffic; 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. 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. Marana, Arizona Resolution No. 2002-36 Page 1 of 2 PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 19th day of March, 2002. ATTEST: '~celyn ~ffl~ntz - Town Cl"erk APPROVED AS~TOfi,~: aniel J. Hochuli, Esq. As Town Attorney and not personally Marana, Arizona Resolution No. 2002-36 Page 2 of 2 Exhibit A Development Agreement Marana, Arizona Resolution No. 2002-36 Page 3 of 2 San Lucas Development Agreement Town of Marana BCIF Group, LLC Development Agreement Town of Marana/FC1F Group, LLC i Developmenl Plans 1.1 Development Review 1.2 Zoning and Plat Conditions 1.3 Amendments to Agreement 1.4 Archaeological Preservation 1.5 Review of Building Permits On-Site Infrastructure 2.1 Water Utilities 2.2 Wastewater 2.2.1 Sewer Basin Study 2.2.2 Sewer Concept Plan 2.2.3 Sewer Phasing Plan 2.2.4 Payment for Oversizing 2.3 Recreation Facilities 2.3.1 Marana Road Linear Park 2.3.2 Riparian Area Linear Park 2.3.3 Onsite Public Recreational Facilities 2.3.4 Onsite Private Recreational Facilities 2.4 Fire Protection 2.5 School/Park Site Vehicular Access 3.1 Marana Road Extension 3.2 Alternate Emergency Access 3.3 Phasing Plan Marana Road Railroad Crossing 4.1 Payment for Oversizing 5. Construction Traffic Cooperation and Alternative Dispute Resolution 6.1 Appointment of Representatives 6.2 Timing 6.3 Default; Remedies Protected Development Rights 7.1 Purpose 7.2 Future Impact Fees Notices and Filings 8. I Manner of Serving General Terms and Conditions 9.1 Term 3 3 4 4 4 4 4 5 5 5 6 6 6 6 6 7 7 7 7 7 8 8 8 9 9 2 2 2 3 3 3 Development A~m-eement To~w~ of Marana/FCIF Group, LLC 9.2 Waiver 9.3 Attorney's Fees 9.4 Counterparts 9.5 Headings and Recitals 9.6 Exhibits 9.7 Further Acts 9.8 Future Effect 9.8.1 Time Essence and Successors 9.8.2 Termination Upon Sale to Public 9.9 No Partnership and Third Parties 9.10 Other Instruments 9.11 Imposition of Duty By Law 9.12 Entire Agreement 9.13 Amendment 9.14 Names and Plans 9.15 Good Standing; Authority 9.! 6 Severability 9.17 Governing Law/Arbitraton 9.18 Recordation 9.19 No Developer Representations 9.20 Approval 9.21 Force Majeure 9 9 10 10 10 10 10 I0 11 ll 11 11 11 11 11 I1 12 12 12 12 12 12 Development Agreement Town of Marana/FCIF Group, LLC ii EXHIBIT LIST Map of Property Legal Description of Property Rezoning Conditions Development Agreement Town of Marana]FCIF Group, LLC iii DEVELOPMENT AGREEMENT THIS DEVELOPMENT AGREEMENT (hereinafter" ,, Agreement ) is made by and between the TOWN OF MARANA, an Arizona municipal corporation (hereinafter "Town") and BCIF Group, LLC, an Arizona Limited Liability Company (hereinafter "Developer"). RECITALS A. The Developer is the owner of approximately 183 acres of real property, and is the optionor of 110 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 referred to as the "Property"). B. The Developer intends to improve the Property for the following uses: uses i) on approximately 228 acres of the Property: R6, R7, and R8 residential ii) on approximately 11 acres of the Property: CO commercial uses, which shall not be developed at the R-6 standards in satisfaction of Rezoning condition #9 iii) on approximately 15 acres of the Property VC: commercial uses, which shall not be developed at the R-6 standards in satisfaction of Rezoning condition #8 iv) on approximately 29 acres of the Property: open space and parks v) on approximately I0 acres of the Property: a school site and related common improvements. All of the preceding uses of the Property are collectively identified as the San Lucas Master Plan ("San Lucas"). C. The future development of the Property shall be subject to the rules and regulatipns applicable to the Property, including but not limited to the following: 2) Northwest Marana Area Plan ("NMAP"), ii) the rezoning conditions ("Rezoning"), attached as Exhibit C, iii) conditions of the Developer's preliminary block plat (the Prehmmary Plat"), " ' ' iv) the final block plat for San Lucas (the "Final Plat"), and v) the Marana Development Code (including the written roles, regulations, procedures, and other policies relating to development of land, whether adopted by the Mayor and Council or by Town Staff) (herei.nalter the "MDC"), 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, cormnercial and recreation/open space opportunities. D. The Developer and the Town desire that the Property shall be developed in accordance with the NMAP, Rezoning, Preliminary Plat, Final Plat, and MDC, 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. Foxx~l of Marana/FCIF Group, LLC 1 E. The parties understand and acknowledge that this Agreement is a eve opment Agreement" within the meaning of, and entered into pursuant to the terms of, A.R.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 tile development of the Property. F. The Town and the Developer acknowledge that the development of the Property pL~rsuant to this Agreement will result in planning and economic benefits to tile Town and /ts residents by, among other things, requiring development of the Property consistent with the NMAP, Rezoning, Preliminary Plat, Final Plat, and MDC. G. The Town and the Developer acknowledge that the Rezoning ordinance provides that the Property will revert to its previous zoning, in the event that (i) a block plat is not approved by the Town Council and recorded by December 19, 2003, or (ii) a sewer system for the Property is not approved by Pima County and Town, designed, and installed and completed by December 19, 2005. The Town and the Developer also acknowledge that in the event the Rezoning is reverted for either of these reasons, or any other reason, this Agreement shall automatically terminate and be of no further force and effect. NOW, THEREFORE, in consideration of the foregoing premises and the mutual promise and agreement set forth herein, the parties hereto state, confirm and agree as follows: AGREEMENT Development Plang. I.I Development Review. Prior to the approval and execution of this Agreement, the Town has approved the Rezoning. The Property shall be developed in accordance with this Agreement, which, in conjunction with the Preliminary Plat, Final Plat, MDC and NMAP, 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 NMAP and 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 NMAP, Rezoning, Preliminary Plat, Final Plat, and MDC. 1.2 Zoning and Plat Conditions. The Developer agrees to fulfill all conditions outlined in the Rezoning, Preliminary Plat, and Final Plat for the Property. Development Agreement To,sm of Mar~na/FCIF Group, LLC 2 1.3 Amendments to Agreement. 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 NMAP, Rezoning, Preliminary Plat, Final Plat, and MDC. Any amendment to the Agreement shall be approved and recorded pursuant to Section 9.13 hereof. 1.4 Archaeological Preservation. In satisfaction of Rezoning condition 12 of the Rezoning, the Developer shall take suitable measures to recover significant archaeological materials pursuant to the recommendation of a state-certified archaeologist, and the Developer shall consult such persons and the State Historic Preservation Office and Arizona State Museum before any ground disturbances are made. The Developer shall work with the Arizona State Museum to implement an acceptable recovery program pursuant to state law in the event that any burial remains are discovered during the project development. 1.5 Review of Building Perm/ts. All residential dwelling units shall be site built. Notwithstanding section 9.8.1 and 9.8.2 and other provisions hereof, this subsection shall apply to all land within the Property, whether sold in bulk or individually, whether subdivided or not, and shall apply to each and every lot and shall run with the land. 2. On-Site Infrastructure 2.1 Water Utilities. The parties will pursue a Water Service Agreement which sets forth the various agreements of the parties relating to, among other things, the interconnection and main extension from the existing water system, and the development, construction, dedication, ownership, and design of the water system, including necessary storage and well(s) necessary to serve the Property. This Water Service Agreement shall be entered into prior to the approval of the Final Plat for the Property. The Town will act on the Water Service Agreement within a reasonable time. 2.2 Wastewater. In satisfaction of Rezoning condition g4, the Developer shall secure the necessary sewer system to serve the Property by December 19, 2005. The sewer system shall be in conformance with, and subject to, the requirements of Pima County Wastewater Management and the Town, and shall be designed and constructed at sole cost of the Developer, as follows: 2.2.1 Sewer Basin Study. The Developer shall cause to be prepared, at Developer's sole expense, a sewer basin study including the Property, prior to recordation of the Block Plat. 2.2.2 Sewer Concept Plan. The Developer shall cause to be prepared, at Developer's sole expense, a sewer concept plan based on the results of the Sewer Basin Study, prior to recordation of the Block Plat. The sewer concept plan shall define the necessary wastewater conveyance scheme to connect to the existing Pima County Wastewater system in a location acceptable to the Town and Pima County. The sewer Dex elopment Agreement Town of Marana/FCIF Group, LLC 3 concept plan shall also identify the necessary onsite conveyance scheme to provide sewer connection to all of the platted blocks within the Property. .2.2.3_ Sewer Phasin Plan. Developer shall cause to be prepared, at Developer's sole expense, a sewer phasing plan, based upon the concept plan identified in section 2.2.2, which is acceptable to Pima County Wastewater Management and the Town. 2.2..__~4 payment for Oversizing. The parties acknowledge that the Developer will be benefiting from oversized sewer facilities that were constructed in exchange for discounted sewer connection fees. This project will be subject to payment of an additional connection fee to Pima County Wastewater Management in the sum of five hundred ($500.00) dollars per unit, to be paid at the time of issuance of each building permit. In the event this project constructs substantial, permanent, offsite facilities which will provide benefit to other properties, credit for this improvement, in the amount of the marginal cost of oversizing, may be applied to the additional connection fee. The Town shall require that all development agreements for property that use this oversized infrastructure shall provide for a payment of not less than five hundred ($500.00) dollars per unit, to be paid to Pima County Wastewater Management for regional collector development. 2.3 Recreation Facilities. In satisfaction of Rezoning condition #11, to serve the residents of the Town of Marana within and outside of San Lucas, the Developer shall provide the necessary park sites, as follows: 2.3.1 Marana Road Linear Park. The Developer shall cause to be constructed a linear public trail within the 160 ft. fight of way of Cochie Canyon Trail, hereinafter Marana Road, traversing the Property from east to west, including a 14 ft. minimum width asphalt paved walk, pedestrian benches, irrigated landscaping including shade trees, and the appropriate safety elements, to be maintained by the Town of Marana Parks System, provided, however, that if the Marana Road Linear Park is used for onsite retention of site-generated flows, maintenance shall be the obligation of the San Lucas Homeowners Association. Construction of each of the Marana Road Linear Park segments will be completed within 90 days of final inspection and acceptance of the corresponding Marana Road segment, subject to the Phasing Plan defined in paragraph 3.3. The construction of these improvements shall be approved by the Town Parks & Recreation Director and Department of Development Services. 2.3.2 Riparian Area Linear Park. The Developer shall cause to be constructed a linear private trail within the area designated as "Riparian Area", traversing the Property from east to west, which is generally located along the southern portion of the Property, including a natural, winding trail surfaced with stabilized soil or decomposed granite, clear of vegetative obstruction, pedestrian benches, and non- irrigated native landscaping including trees, to be maintained by the San Lucas Master Homeowner's Association. Construction of each of the Riparian Area Linear Park Town of Marana/FCIF Group, LLC 4 segments w/Il be completed within 90 days of final inspection and acceptance of the corresponding residential block. .2.3.3 Onsite Public Recreational Facilities. The Developer shall dedicate and deed to t~e Town a minimum of thirteen and one half (13.5) developable acres of the 29 acres of land located in the southwest comer of the Property and outside of the Riparian Area Linear Park. On the dedicated park site the Developer shall construct a minimum thirteen and one half (13.5) acres of active use recreational facilities, to public park standards and acceptable to the Town. The site and facility design of this park shall be subject to approval by the Town Parks & Recreation Director and Development Services Director. The Developer's cost for the design and construction of this park shall be equal to, or exceed, $839,000.00. The Developer shall proceed expeditiously with construction of the Park, and shall make reasonable progress to timely complete the park improvements as set forth herein. Fifty (50%) percent of the park improvements shall be completed by issuance of the 420th building permit, and the park improvements shall be fully completed within eighteen (18) months of the issuance of the 600th building permit. 2.3.3.1 As an alternative to the park improvements set forth in section 2.3.3, the Developer may elect to pay an "in-lieu fee" as provided in this section. Before the approval of the first residential plat, the Developer must agree to either: (i) payment of an in-lieu fee to the Town in the amount of One Thousand ($1,000.00) dollars per residential lot, or (ii) construction of the park as provided in paragraph 2.3.3 above. Such in-lieu fees shall be applied toward construction of improvements by the Town within the 13.5 acre dedicated park site, and construction of such park improvements shall commence within six (6) months of issuance of the building permit for the six hundredth (600) residence, and shall be completed within eighteen (18) months thereafter. Payment of such in-lieu fees or construction of such park improvements shall offset any fees imposed by the Town for public recreation facilities. If more than 13.5 acres is deeded to the Town and accepted by Town staff (hereinafter "Additional Park Land"), all such Additional Park Land shall be valued at $25,000.00 per acre, and the in- lieu fee shall be reduced by a prorated amount equal to the total value of the Additional Park Land. By way of example, if one acre of Additional Park Land is deeded and accepted by the Town, then each in-lieu fee shall be reduced such that the total in-lieu fees received by the Town is reduced by $25,000.00. Payment of the in-lieu fees for a residential lot, if so elected by the Developer, shall be required at the issuance of the resident/al building permit. 2.3.4 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 unit. Site and facility design shall be approved by the Town Parks & Recreation ' Director and Department of Development Services. 2.4 Fire Protection. Prior to issuance of the certificate of occupancy for any dwelling unit, the Developer shall have completed the process of having the Property annexed into a fire district. The fire district must be capable of providing fire prevention, Development Agreement Town of Mamna/FCIF Group, LLC 5 fire suppression and other emergency services, and must be approved by the Town, and such approval shall not be unreasonably withheld. 2.5 School/Park Site. In satisfaction of Rezoning condition #10, the Developer shall reserve 10 acres of land located in the north-central portion of the Property for purchase by the State of Arizona ("State") for the Marana Unified School District (the "School District"). The school site shall be delineated at the time of Town approval of the Preliminary Plat. At the time of the Town approval of the final block plat, this I O-acre site shall be deeded to a non-profit community trust to be designated by the Town of Marana. The 10-acre site will be deeded for education or park and recreation purposes under the terms of this agreement. Such site shall be acceptable to the Town's Parks and Recreation Director, the School District and the Town's Development Services Administrator. In the event the school site is not sold to the State or deeded to the School District within twenty-five (25) years of the date of this Agreement, said land will revert to park and recreation purposes to be used by the Town of Marana for public recreational purposes. Vehicular _Access. 3.1 Marana Road Extension. Under the Rezoning and the Town's NMAP, primary vehicular access to San Lucas is to be provided by extending Marana Road from the existing terminus east across the 1-10 Frontage Road and the Union Pacific Railroad tracks, and continuing east through the Hopkins' property, connecting with Cochie Canyon Trail at the western boundary of San Lucas (hereinafter "Marana Road Extension"). The Developer shall dedicate land and cause to be constructed, prior to occupancy of the first residential unit, the Marana Road Extension in accordance with current road standards, consisting of a two lane road constructed according to standard pavement design practice. Upon Developer's request, the Town shall, to the extent provided by law, exerclse its power of eminent domain to acquire any right-of-way necessary for the construction of the Marana Road Extension, and Developer shall pay all costs of such condemnation, including but not limited to attorneys' fees, court costs, damages, severance damages, and proceeds to reimburse the property owner for the loss of land. 3.2 Alternate Emergency Access. A secondary emergency vehicular access to San Lucas is to be established to serve San Lucas. In satisfaction ofrezoning conditions #14 and #15, the Developer shall dedicate land and cause to be constructed a graded chip- seal paved road prior to occupancy of the first residential unit by extending Postvale Road north along the east property line of the Property to meet Cochie Canyon Trail within the San Lucas Project boundary. 3.3 Phasing Plan. The portion of the Marana Road Extension which lies east of the western boundary of the Property shall be constructed in phases, such that access will be paved to each residential unit prior to occupancy of that residential unit. Town of Marana/FCIF Group, LLC 6 4. Marana Road Railroad Crossing. In satisfaction of Rezoning condition #7, a four (4) lane crossing of the Union Pacific railroad tracks is to be constructed by the Developer prior to occupancy of the first residential unit (the "UPRR Crossing"). The Town shall be applicant to Union Pacific Railroad, although all costs of acquisition, approval, design, condemnation and construction of the UPRR Crossing shall be paid by the Developer. Upon Developer's request, the Town shall, to the extent provided by law, exercise its power of eminent domain to acquire any right-of-way necessary for the construction of the UPRR Crossing, and Developer shall pay all costs of such condemnation, including but not limited to attorneys' fees, court costs, damages, severance damages, and proceeds to reimburse the property owner for the loss of land. The Developer shall provide the Town of Marana all supporting documentation required for the application to UPRR. Prior to submittal, the Developer will forward draft documents to the Town for review. The Town will respond to the draft within 30 days of receipt. 4.1 Payment for Oversizing. The parties acknowledge that the Town will be benefiting from a four (4) lane railroad crossing while only two (2) lanes are required for the amount of traffic generated by this project. To the extent permitted by law, the Town shall join in paying UPRR the cost of construction performed by UPRR, or materials supplied by UPRR, in an amount equal to the marginal cost of oversizing. Construction Traffic Construction traffic for this project may use Cochie Canyon Trail, Marana Road, or Postvale Road. 6. Cooperation and Alternative Dispute Resolution,. 6.1 Appointment of Representatives. To further the corrumitment 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 (hereinafter "Town Representative") shall be the Development Services Director, and the initial representative for the Developer shall be Robert P. Zammit or a replacement 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. 6.2 Timing. The Town acknowledges the necessity for prompt review by the Town of all plans and other materials (hereinafter "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. 6.3 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 Development Agreement Town of Marana/FCIF Group, LLC 7 in Section 8.1 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) thirty (30) 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 6.4, 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 6.4 shall not limit any other rights, remedies, or causes of action that either party may have at/aw or in equity. 7~_. Protected Development Rights. 7.1 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 NMAP, MDC, Preliminary Plat, Rezoning, Final Plat, 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 Zoning Ordinance shall remain in effect and shall not be changed without the agreement of the Developer for the term of this Agreement, unless an automatic reversion occurs pursuant to the Zoning Ordinance. 7.2 Future Impact Fees. In consideration for the roadway described in paragraphs 3.1, 3.2, and 3.3, sewer described in paragraph 2.2, 2.2.1, 2.2.2, and 2.2.3, water described in paragraph 2.1, and recreational facilities described in paragraphs 2.3, 2.3.1, 2.3.2, 2.3.3, 2.3.3.1, and 2.3.4, and irrigation improvements funded and/or constructed by Developer pursuant to this Agreement, in the event the Town adopts an impact fee for the same infrastrncture for which Developer has contributed land and/or made improvements and/or paid a voluntary fee pursuant to this Agreement, Developer shall be entitled to a credit for such contributions as set forth in A.R.S. § 9-463.05. 8. Notices and Filings. 8.1 Manner of Serving. Ail 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 Development Agreement Town of Marana/FCIF Group, LLC 8 addresses as either party hereto may from time to time designate in writing and deliver in a like manner): The Town: Town of Marana Town Manager 13251 N. Lon Adams Road Marana, Arizona 85653 With a copy to: Daniel J. Hochuli, Esq. Hochuli & Benavidez, P.C. 220 E. Wetmore Road, Suite 110 Tucson, Arizona 85705 The Developer: Robert P. Zammit BC~ Group, LLC 5445 E. Corte Vista Montanosa Tucson, Arizona 85705 9. General Terms and Conditions. 9.1 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 the Agreement. 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. 9.2 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. 9.3 Attorney's 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, all such costs and attorneys' fees shall be included therein, such fees to be set by the court and not by.jury. Development Agreement Town of Marana/FCIF Group, LLC 9 9.4 ~. 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. 9.5 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. 9.6 Ex_h. ibits. 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. 9.7 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 matter 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. 9.8 Future Effect. 9.8.1 Time Essence and Successors. Time is of the essence of this Agreement. 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 9.8.2 below. Notwithstanding the foregoing, to the extent permitted by law, the Developer's rights hereunder may only be assigned by a written instrument, agreed to by all of the parties to the Agreement hereto and recorded in the Official Records of Pima County, Arizona, expressly assigning such rights, and no obligation of the Developer hereunder shall be binding upon anyone owning any right, title or interest in the Property unless such obligation has been specifically assumed in writing or unless 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 Robert p. Zammit for purposes of carrying out the development of the Property as contemplated in this Agreement, and the Town's consent to the Developer's assignment of its rights hereunder to such entities or subsidiaries shall not be withheld. 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, provided that the Town has approved the assignment to such assignee, which approval shall not unreasonably be withheld. Development Agreement Town oF Marana/FCIF Group, LLC 10 9.~.8.2 Te~_~ination Upon Sale to Publi~: 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. 9.9 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. 9.10 _ 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 request or appropriate to evidence or give effect to the provisions of this Agreement. 9.11 Imposition of Duty by Law. This Agreement does not relieve any party hereto of any obligation or responsibility imposed upon it by law. 9.12 Entire Agreement This Agreement constitutes the entire agreement between the parties hereto pertaining to the subject matter hereof. All prior and contemporaneous agreements, representation and understanding of the parties, oral or written, are hereby superseded and merged herein. 9.13 Amendment. No change or addition is to be made to this Agreement except by a written amendment executed by the 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. 9.14 Names and Plans. The Developer shall be the sole owner of all names, titles, plans, drawings, specifications, ideas, programs, ideas, 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. 9.15 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 Development Agreement Town of Marana/FCIF Group, LLC 1 1 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 signing. 9.16 Severabilit . If any provisions 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. 9.17 Go~vverning~_aLaw/Arbitratioa. 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. 38-511. This Agreement has been negotiated by 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 Un/form Arbitration Act, A.R.S. 12-501 et seq., and judgment upon the award rendered by the arbitrator(s) may be entered in a court having jurisdiction thereof. 9.~.18 Recordation. No later than ten (10) days after this Agreement has been executed by the Town and the Developer, the Town shall record the Development Agreement in its entirety in the Official Records of Pima County, Arizona. .9.19 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. ~9.20 Approval If any party is required pursuant to this Agreement to give its prior written approval, consent or pen'nission, such approval, consent or permission shall not be unreasonably withheld or delayed. .9.21 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 Development Agreement Town of Marana/FCIF Group, LLC 12 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 kind of 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; hots; 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: ATTEST: TOWN OF MARANA an Arizona municipal corporation 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. .,,~,~'~'"~ aniel J. Hochuli, Esq. Attorney for the Town of Marana Development Agreement Town of Marana/FCIF Group, LLC 13 STATE OF ARIZONA ) County of Pima ) BCIF GROUP, LLC an Arizona Limited Liability Company By_¸ Its The foregoing document was sworn to and acknowledged before me the 9~ '~ day of~qQ/24~ ,200;/., by Robert p Z~-:~ -,- - - · - - - ~<"~ - Group, LL~, ' . ~llXtllllt, me ivianag~ng Member of BCIF and Arizona Limited Liability Company. Notary Public State of Ar/zone Pime County Lisa J. Segats Expires June 1, 2002 Development Agreement Town of Marana]FCIF Group, LLC 14