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HomeMy WebLinkAboutSatisfaction Development Agreement - 94-09547*November 1, 2016 jrw CENTRAL POINT Jackson County Official Records 2016-036147 R -RAG Stn=O BARROWKL 11/0112016 03:38:14 PM $10.00 $20.00 $5.00 $e.00 $5.00 $4.00 $63.00 $11.00 I, Christine Walby, County Clerk W .Nceson county, Oregon, certify that the Instrument identified herein was reeordstl in the Clem records. Christine Walker -County Clerk SATISFACTION OF DEVELOPMENT AGREEMENT For Tyler Park Subdivision 371W13A1901, Central Point Be it known by all present that the undersigned does hereby certify and declare that certain obligations filed against the property listed below and attached to this release and showing the filing number of said records in the office of the County Clerk of Jackson County, State of Oregon. Satisfaction of original Development Agreement, between the City of Central Point and W.L. Moore Construction Co. entered into on December 20, 1993. City of Central Point, November 2016 Property located in the Township 37, Range 1W Section 11A of the Willamette Meridian, Tax Lot 1901 Recording Number: 94-09547 Recording Date: March 14, 1994 Matt Samitore City of Central Point STATE OF OREGON ) )ss. County of Jackson ) Date On the /-4day of November, 2016, personally appeared before me the above-named, Matt Samitore, and acknowledged the foregoing instrument to be the voluntary ad and deed of the City of Central Point. lit Notary Public for Oregon OFFICIAL STAMP My Commission Expires: 0(0/ clip1go CYNTHIA A WEEKS NOTARY PUBLIC-OREOON COMMISSION NO. 960992 W COW96810N M MK6 JWE 08,10}D 94-09547 DEVELOPMENT AGREEMENT (Tyler Park Subdivision) (37 1W 11A Tax Lot 1901) ,36-o6 This agreement made this 40 day of[via L,.si 1993, by and between the City of Central Point, Oregon, a municipal corporation, hereinafter referred to as "City", and Noel Moore, dba W.L. Moore Construction Co., hereinafter referred to as "Developer". Recitals 1. Developer has previously been granted tentative plan approval by City for a 23 -lot subdivision in an R-1-8 district of Central Point, Oregon, which approval is subject to certain conditions. 2. Developer has applied to City for final plat approval of said subdivision. 3. Before final plat approval can be obtained, Central Point Municipal Code Chapter 16.36 requires, among other things, that Developer and City execute and file an agreement relating to certain improvements and repairs required to be made in the development at issue. Now, therefore, in consideration of the covenants herein exchanged, the parties agree as follows: Aareement I. PROPERTY AFFECTED. This agreement affects Tyler Park Subdivision in the City of Central Point, Jackson County, Oregon, according to the official plat thereof. This agreement shall be recorded, and is intended to attach to, and shall run with the land. In addition, all subsequent purchasers and Developer's heirs, successors and assigns shall be bound by this agreement. 2. CONSTRUCTION. Developer has previously constructed all improvements required by the tentative plan approval, construction plans and specifications, and City's Public Works Standards. The only work that remains to be done is the sealing of all street pavement surfaces within the subdivision. Such sealing is necessary to adequately compensate for asphalt paving which fell below minimum standards for compaction when tested. 1 - DEVELOPMENT AGREEMENT (120293) 94-09547 Developer shall seal all streets within the subdivision with a specified slurry mixture approved by the Public Works Department. Such sealing shall be done on two occasions: Once as soon after execution of this agreement as weather permits, and again three years from the date of the first sealing. 3. SECURITY FOR PERFORMANCE. In connection with this agreement, Developer shall also submit to City, to assure his or her full and faithful performance of all obligations hereunder, one of the forms of security approved under Central Point Municipal Code Chapter 16.12.090. Developer has chosen the following: surety bond cash deposit XXX letter of credit The sum agreed to secure Developer's performance hereunder is $2,607.42, which sum is hereby deemed sufficient to cover the cost of the improvements and repairs, including related engineering and incidental expenses, administrative expenses, inflationary costs, and the cost of city inspections. 4. TIME ALLOWED FOR CONSTRUCTION. Developer shall complete each and every obligation contained herein within 37 months from the date of the execution of this agreement. Said period may, in the sole discretion of City be extended, in writing, for a reasonable time thereafter. In the event that City extends the time for completion, the City may also, in its discretion, require an increase in the amount of security for performance of the project, whether it be by surety bond, cash deposit or letter of credit. 5. REMEDIES UPON BREACH. In the event that Developer shall fail, in any way, to perform the obligations required herein, City shall have all remedies available under local, state and federal law, including, but not limited to, completing or causing completion of all obligations hereunder and proceeding against Developer, his letter of credit, his cash deposit or his bond for recovery of the costs of said completion. Such costs shall include all costs and expenses described herein. 6. INSPECTION OF WORK. Developer shall provide access to City to conduct inspections, including, but not limited to, the following: a. Inspection and testing of all storm drainage, sanitary sewer pipe, water pipe and fire hydrants; b. T.V. inspection of all sanitary sewer and storm drainage pipes; 2 - DEVELOPMENT AGREEMENT (120293) 94-09547 C. Inspection and testing of trench backfilling for water pipes, storm drains and sanitary sewers; d. Inspection and testing of subgrade prior to placing street rock base; e. Inspection and testing of base rock prior to placing surfacing; f. Inspection and testing of the placement of the surfacing material; g. Inspection and testing prior to placing any concrete; h. Inspection of other construction within public right of way or easement dedicated or to be dedicated. 7. COSTS OF ADMINISTRATION AND INSPECTION. Developer agrees to pay City for the costs of administration and inspection of the project to the extent that the same are reasonably related to City's assuring compliance with the plans and specifications, the Central Point Municipal Code, the within agreement, and all other applicable standards, rules, regulations and laws, which sums shall be due on a monthly basis and shall be paid within 10 days of billing. Failure to pay such sums shall be grounds for withholding acceptance of completed work and/or proceeding against Developer's security for performance. Such administration and inspection costs shall include, but not be limited to the following: a. All inspections and testing done pursuant to the previous paragraph, entitled "Inspection of Work". b. Meetings with Developer, project engineer or developer to review project, City standards, specifications, ordinances and procedures. C. Providing Developer, Developer's representative or any jurisdictional, governmental, or utility entity with information on existing conditions, facilities, and capital improvements required. d. Reviewing all construction drawings, engineering or specifications for the construction of, or modification to the construction of, the improvements. e. Reviewing existing as -built information to assist in determining the location of existing facilities. 3 - DEVELOPMENT AGREEMENT (120293) 94-09547 f. All costs of application review and processing, including, but not limited to, administrative and legal staff time costs, plan checks, construction inspection and preparation of agreements, to the extent that the same are in excess of the filing fee. 8. ACCEPTANCE OF COMPLETED WORK. Upon completion of the improvements in full compliance with the tentative plan previously approved for the project, all conditions placed on tentative plan approval, all construction plans, construction specifications, terms and conditions contained in the City's Public Works Standards, terms and conditions contained in the construction permit, together with all terms and conditions set forth herein and any applicable provisions of the Central Point Municipal Code, the Public Works Director, or his designee, shall perform an inspection. If all work is found to be satisfactory, and all deficiencies, if any, have been cured by Developer, the Public Works Director shall issue a written acceptance of completed work. Upon such acceptance, the City Administrator shall be authorized to release any surety bond, cash deposit or letter of credit posted by Developer. 9. GUARANTEE OF WORK. Developer guarantees, for a period of two years from acceptance of completed work, that all improvements hereunder shall be free from defects in materials and workmanship. Prior to the expiration of said warranty period, City shall determine if any materials or workmanship deficiencies exist, and at City's request, Developer shall repair or cause the repair of all such deficiencies. In the event there are no deficiencies, or upon approval of any necessary repairs, City shall issue a written document certifying Developer's satisfactory completion of warranty. 10. BUILDING AND OCCUPANCY PERMITS. Upon execution of this agreement and upon satisfaction of the security for performance requirements of Central Point Municipal Code 16.12.080, City may issue building permits to Developer concurrently with construction work upon the improvements themselves, under the following terms and conditions: a. Developer must, prior to commencing construction under any such building permits, or allowing the commencement of construction thereunder, furnish a survey performed by a registered professional land surveyor meeting the requirements of state law, setting out the property corners for the lot for which the building permit or permits are to be issued, with either iron pins or wood stakes establishing said corners. 4 - DEVELOPMENT AGREEMENT (120293) 94-09547 b. Developer must submit a plan for the protection of streets and improvements satisfactory to City, and shall assume all responsibility for any additional or corrective work that may be necessary to the improvements, as determined by City as a result of the construction performed under the building permits authorized. C. Developer must indemnify and hold the City harmless from any and all liability by reason of the issuance of any such building permits or any injuries or damages incurred by any person by reason of construction under the permits or any claims of any sort arising out of the issuance of the building permit and construction performed thereunder. d. Developer shall not sell any of said lots or enter into any agreement for the sale of any such lots, unless he has first furnished to the City written proof of the fact that he has advised a purchaser or prospective purchaser that no certificate of occupancy will be issued by City until completion, approval and acceptance of the improvements by the City, in accordance with the entire Development Agreement, and agree to assume full and complete liability and hold City harmless by reason of the refusal by the City to issue any such certificate of occupancy until the provisions of the Development Agreement and Central Point Municipal Code Chapter 16.36 shall have been met. e. Neither Developer, nor any person on his behalf, shall allow another person to occupy any lot or improvements thereon until City has issued a certificate of occupancy. 11. HOLD HARMLESS AND INSURANCE. Developer agrees to hold harmless City and its duly elected and appointed officials, employees, agents and assigns from any and all liability or responsibility by reason of any omissions, errors, or deletions on the plans and specifications for the improvements or the construction thereof, and shall indemnify the same against any such liability or responsibility. Developer shall obtain and maintain a policy of liability insurance coverage with policy limits in the sum of not less than one million dollars ($1,000,000.00) combined single limit, naming City and its duly elected and appointed officials, employees, agents and assigns, as insured parties therein. 12. MISCELLANEOUS PROVISIONS. This agreement contains the entire agreement to which it relates and supersedes any prior written or verbal agreements or representations; this agreement shall be binding upon the parties and their agents, successors and assigns; Developer shall not assign his rights under the terms of this agreement without the express written approval of City. 5 - DEVELOPMENT AGREEMENT (120293) 94-0954'7 In the event either party institutes legal proceedings for the purpose of enforcing the within agreement or seeking damages for the breach hereof, or to recover the cost of completion of the improvements described herein, including an action against Developer, his bond, cash deposit or letter of credit, the prevailing party shall be entitled to recover attorney fees and costs incurred at trial and on appeal in reasonable sums to be determined by the respective courts. 13. GRANTING FINAL PLAT APPROVAL. It is understood by the parties that upon execution of this agreement and related documents, City will issue final plat approval. EXECUTED IN DUPLICATE, each party retaining an original. Developer: Y 1 � N" Noel Moore STATE OF OREGON ) ss. County of Jackson ) City of Central Point: Roc�r Westensee, Mayor On the aO*" day of LIereVY Se.(L , 1993, personally appeared before me the above-named Noel Moore, and acknowledged the signing of the foregoing Development Agreement to be his voluntary ._act -4.n -d --deed.,__ CHEA. E Notary 1ibliLc)for Oregon NOTARY REGON My Commission Expires: lQ-Q3-R3 My Commission Expires_g3 STATE OF OREGON �) ss. County of Jackson ) On the ate'l) day of &rje�% , 1993, personally appeared before me the above-named Roger Westensee, Mayor of the City of Central Point, and acknowledged the signing of the foregoing Development Agreement to be the voluntary act and deed of the City of Central Point. OFFICIAL SEAL SANDY J LCr,;MEL NOTARY PUBLIC — OR,..CON COMMISSION NO. AOO9Ji5 SMYCOMMISSION EXPIRES NOV S, 1995 6 - DEVELOPMENT AGREEMENT (120293) Notary ppbliolfor Oregon My Comm ssio Jackson %.o sty S Recorded OffICIAL RECORDS //;,4 MAR 1 4 1994,.4�'M KATHLEEN S. BECKETT CL K PEC ER. B oar„