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HomeMy WebLinkAboutPackets - Council Packets (33) FUTURE ARIZONA INC %FASSEAS PETER A PRES 1555 N ASTOR ST CHICAGO IL 60610-1673 August 5, 2015 FUTURE ARIZONA, INC. ("Developer"), an Arizona corporation, whose address is c/o Peter A Fasseas,President, 1555 North Astor Street, Chicago, Illinois 60610-0167, is the legal owner of the real property legally described as NW4 EXC N75' 155.31 AC SEC 15- 12-13,parcel number 224-39-0020, consisting of approximately 151.70 acres (the "Development Property"). Michael and Margaret Shafer("Shafer"), a married couple dealing with their Community Property, are the legal owners of the real property commonly known as 9999 Camino Paramo (the "Shafer Property"). The foregoing parties enter into this Agreement to document their agreements relating to the pending rezoning application("Rezoning Application") for the Development Property. Shafer in consideration of the following promises by Developer hereby agrees to withdraw and/or withhold all of their objections to the Rezoning Application. Developer promises to Shafer to grant at Developer's sole cost and expense a trail access easement from the northern property line of the Shafer Property to the existing ridgeline trail that Developer will be platting as a public trail easement. Shafer's trail easement granted hereby would not be public. If cable television wires are installed on or through the Development Property, Developer shall pay the cost to extend said wires to the boundary of the Development 'roperty and the Shafer Property. Michael Shafer Margarf Shafer FUTURE •'4• , INC. • By: Peter A. Fasseas, Ptesident