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HomeMy WebLinkAbout686 Addison Ave C-4342 TWIN FALLS COUNTY Recorded for: TIVVEN FALLS,CITY OF 10:28:55 ant 06-10-2011 2011-011063 No.Pages:4 Fee: S KRISTINA GLASCOCK County Clerk Deputy:SSNAPP MULTI-YEAR IMPROVEMENT DEFERRAL AGREEMENT This Agreement made and entered into this day of 20 1( , by and between the CITY OF TWIN FALLS, State of Idaho, a* m-nicipal corporation, hereinafter called "City", and Diana Lincoln-Have and Stan V. Haye, hereinafter called "Developer", for the purpose of construction certain improvements on property sought to be developed. WHEREAS, Developer certifies that he is owner in fee simple or the authorized agent of the owner in fee simple of the following described real property: 686 Addison Avenue; and, WHEREAS, there is attached hereto and incorporated herein as if the same were set out in full, a certified copy of the deed to the above described real property, marked Exhibit 'A' , showing ownership of said real property to be in Developer, or, as the case may be, there is attached hereto and incorporated herein as if the same were set out in full, a copy of the deed to the above-described real property showing ownership in fee simple in someone other than Developer together with a notarized authorization, signed by the real oroperty owner, authorizing Developer to act on behalf of said real property owner; and WHEREAS, Developer desires to develop said real uroperty in the foil-owing manner: Change use from residential to professional office; and, WHEREAS, the Developer is obligated to construct certain improvements pursuant to Title 10, Chapter 11 of the Twin Falls City Code; and, WHEREAS, the City is authorized, pursuant to Twin Falls City Code Section 10- 11-1 to defer said improvements for a period not to exceed three (3) S7ears when the cost of the required improvements exceed rwenty-five percent (255%1 of the COSE of the proposed private improvements; and, Zt, WHEREAS, the City Council on agreed to defer construction of the aforementioned ]-mpro" j),-ents, WITNESSETH, that for and in consideration of the mutual promises, conditions, tions, and covenants contained he-rein, the parties agree as follows : I. 0 City aurees: 11to defer construction of the required parking area surfacing and striping until 21 -'Io defer construction of the required andscanina until or anu such --ime as the obl`gation of the improvement cons-cruction on adjacent property or p-operties allows the ity Engineer to, require construct ion under the conditions spec-1tied in City Code Section 10-11- Developer agrees to: Ii Complete construct-on of the above-listed improvements on the real property described above by the above-listed dates. TTI Developer f-,urt-ter acrees that in the event that Developer fails to complete t`ie aforement-l'oned C-,t--7 rr -07 - r - the conis ric�_lion a+- the exTenQe and r,la-,,, fi-le a 71 'en agalrist -ne atoremerl,ionecl proper-,y for expenses C+-4 on, t, ' Jtn sa�cj y ,e " , -v :J_ i _L _��_ -I Order No. T020923 TRUSTEE'S DEED For Value Received WELLS FARGO BANK NORTHWEST NA FORMERLY KNOWN AS FIRST SECURITY BANK,N.A.,TRUSTEE OF LAURENCE L.COREY TRUST, the grantor(s),dues)hereby grant bargain, sell,and convey Unto - 0~LJNCOLN4iAYE and STAN V.HAYE, WIPE AND HUSBAND the grantee(s),whose current address is 3539 E 3800 N,KIMBERLY, IDAHO 8334I the following described promises,tea-wit: Lot I MUTUAL BUILDING&LOAN ASSOCIATION SUBDIVISION, of Block 7 TWIN FALLS TOWNSITE,Twin Falls County, Idaho,filed in Book 4 of Plats page 39. EXCEPT: The North 7.10 feet of said Lot as described in the dead to the State of Idaho Transportationi Board, recorded February 4, 19"as Instrument No.709460. TO HAVE AND TO HOLD the said premises.with their appurtenances unto ffw said Grante*(*),hisA-mrAheir heirs and assigns florevw.And Me said Grantor(s)do(es)hereby covenant to and with the said Grantee(s),that halsheithey are the 0WnwfG)in fee GIMP48 of said promises-that said prernism are free from all enombranc*s except currant years taxes, levies.and assessments,and except U'S.Patent reservations.restrictions,easements of record,and easements visiNe UPOM"PrOrnises,and that hatisheithey will warrant end defend the some h#rp dslmswhtsts�. all r Dated: November 7, 2002 The L dated April 17, 1998 IN E. ION SST V.P.AND MANAGER FOR SPECIALIST ASSET MANAGEMENT HE LE S E.ADMINISTRATOR FOR SPECIALIST T$s T MANAGEMENT STATE OF IDAHO COUNTY OF TWIN FALLS On This,;,4' —day in Navember� the yew 2002,before me,a Notary Public in and for said State,personally appeared CALVIN E.MONEY ANC)8 ROSS known or idea to me to be the whose names}itlare subscribed to the within Instrurnant as trustee of the Laurence L.Corey Trust dated,-, ard ac*nowledgod tome that they executed the some,as such trvsieg, CITY OF TWIN FALLS PZ Department ATT. Kelly Weeks P.O. Box 1907 324 Hansen Street E Twin Falls, ID 83303 PH: 208-735-7267 FAX: 208-736-2641 RE: 686 Addison Ave. Deferral Plan April 29"' 2011 Stan & Diana Have 3539E 3000N Kimberly, Id 83341 Dear Kelly, As per your request we are sending this outline of our three year deferral plan. We plan on doing all the hard surface areas under the design plan drawn up by the Land Group during the 2011 season to include ADA, ramp and parking. The storm water retention area will also be included in the first year plan. During the 2012 season we will put in the front landscape, and the third year 2013 we will finish up the project. It is our understanding that the engineer deferral is also in place for the sidewalk curb, and guttering. Sincerely Stan Have