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HomeMy WebLinkAboutPackets - Council Packets (32) AGREEMENT CONTRACT THIS AGREEMENT is made and entered into between Future Arizona, Inc. ("Developer"), an Arizona corporation, whose address is c/o Peter A Fasseas,President, 1555 North Astor Street, Chicago, Illinois 60610-0167, and its successors and assigns as the legal owner of the real property legally described as the Northwest Quarter of Section 15, Township 12 South, Range 13 East, parcel number 224-39-0020 consisting of approximately 152 acres (the "Development Property"), and William and Kimberly Brooks ("Brooks"), a married couple dealing with their Community Property, are the legal owners of the real property commonly known as 10021 N. Placita Cascabella (the "Brooks Property"). RECITALS Developer and Brooks desire to enter into an agreement whereby Brooks will support Developer's pending rezoning application ("Rezoning Application") of the Development Property in exchange for the construction of certain drainage improvements on the Brooks Property, as described below. NOW, THEREFORE, Developer and Brooks agree as follows: 1. Brooks, in consideration of the following promises by Developer, hereby agrees to withdraw and/or withhold all of their respective objections to the Rezoning Application. 2. Developer, after approval of the Rezoning Application, and concurrently with construction of the neighborhood proposed on the Development Property, hereby agrees to: (a) Construct at Developer's sole cost and expense drainage improvements sufficient to remove the Brooks residence currently constructed on the Brooks Property from the existing mapped FEMA Flood Plain designation of Zone A. Developer will consult with Brooks on the choice of materials to insure these improvements are aesthetically compatible with the neighborhood. Developer will process the necessary applications to effectuate the FEMA map revision. To facilitate this work, Brooks shall grant across the Brooks Property a temporary and a perpetual construction, drainage, and maintenance easement of sufficient size to allow the foregoing improvements to be constructed and maintained. On-going maintenance and repair of this drainage improvement shall be the responsibility of the HOA of the proposed development; (b)Construct the drainage improvements per the preceding paragraph in such a way that the drainage improvements shall not impair Brooks' ability to install a 28'x48' garage south of the existing rear yard on the Brooks Property; and (c) Indemnify and hold harmless Brooks and their successors in title to the Brooks Property against any and all claims related to the drainage r improvements installed by Developer per the preceding paragraph if the claim results from the act or neglect of Developer; c--14. IN WITNESS WHEREOF the foregoing Agreement is hereby executed this day of i\4. , 2016. A r- - N1/4 4,---,--- 03/0 51(G Ham Brooks Date STATE OF ARIZONA ) ) SS COUNTY OF PIMA ) This instrument was acknowledged before me this day ,, ,, .of ' `` , 2016, by William Brooks. ___.,` 1 CflNNI!cRSiJaAeMo3AiNzonaT �fy„ ; , Notary eubl Pima,County M . , M Commission Expires I 24 afff February 25, 2019 l‘ Notary Public_ My Commission Expires:9‘ ' . . s ( -Ad Iii I I 111 a i I I Illi V&A. ' -.. I(0 Kimberl-, Brooks Date STATE OF ARIZONA ) ) SS COUNTY OF PIMA ) This instrument was acknowledged before me this 5- day .of 4 , ' , 2016, by Kimberly Brooks. . ..„,97, -;,27.f.- ,r: .„,- ---j-‘?":,..)--54/,/ Notary Public My Commission Expires: -.71,7-----57-.74e— [The remainder of this page intentionally blank, signature continue on next page] ,t '�'. 'dNIE R JAMl3ON ,, :..,.,s m8i yM;ijMtleStateoArizona.h�� Pimp County ,' +, gittft t tion Expires '- tbflibM` 25, 2019 A 1 , ... p „,, 3/27// Peter A. Fasseas, President Date Future Arizona,Inc. 1555 N. Astor St. Chicago, IL 60610-0167 A r tomAi STATE OF fli-O ) Pty, ) SS COUNTY OF ) This instrument was acknowledged before me this Z14day of 2016 by Peter A. Fasseas. 0141.4 Notary Public OFFICIAL SEAL Expires: F” , l 2. So 1 `' ARE L LEEPER My Commission Ex p 1 7 it'``iz-:-�► R NOTARY PUBLIC-ARIZONA PIMA COUNTY " ' My Comm. Exp. Feb. 12,2017