KEIGHLEY PLACE DEVELOPER HOA SIGNED AGREEMENT.PDF
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AGREEMENT BETWEEN MARICOPA COUNTY AND NEWCASTLE DEVELOPMENT LLC, AND KEIGHLEY PLACE COMMUNITY ASSOCIATION, INC. This Agreement is made on July , 2015, by and among: Maricopa County, a political subdivision of the State of Arizona, with an address at 2901 W. Durango, Phoenix, Arizona 85009 (hereinafter County) And Newcastle Development LLC, a Domestic Limited Liability Corporation of the State of Arizona, with an address at 6628 East Baseline Road, Suite 102, Mesa Arizona 85206 (hereinafter Developer). And Keighley Place Community Association, Inc., an Arizona Not for Profit Corporation, with an address care of City Property Management Company, Attention: Patti Garvin or Brian Lincks, 4645 E. Cotton Gin Loop, Phoenix, Arizona 85040 (hereinafter HOA) Whereas, Keighley Place subdivision (hereinafter referred to as Subdivision) was approved by the City of Mesa; and Whereas, the property that became Section of the Subdivision has contained on it a wash which must be maintained in its current course to comply with applicable regulations; and Whereas, to maintain the historic water course, it was required that a culvert be installed under Meridian Road, a roadway which, in the area of Subdivision, is under the jurisdiction of County; and Whereas, said culvert, which has been installed, will require on-going maintenance; and Whereas, County, through its Department of Transportation (hereinafter referred to as MCDOT), has accepted responsibility for maintenance of the culvert; and Whereas, the maintenance of the culvert requires that the culvert be accessed from property located in Pinal County, which property is owned by the Arizona State Land Department (hereinafter State Land); and Whereas, County and Pinal County have entered into an Intergovernmental Agreement granting permission for County to acquire easement rights for property located in Pinal County; and Whereas, County has been in communication with State Land about acquiring the necessary easement to allow maintenance; and Page 1 of 6 Whereas, should State Land agree to grant the necessary easement, a periodic charge for the use of the property on which the easement is to be located will be required; and Whereas, County is unwilling to pay for the use of the property on which the easement is to be located; and Whereas, the Developer of Subdivision has agreed to pay for the initial term of the easement; and Whereas, it is necessary for a continuing entity to assume responsibility and liability for any and all periodic payments required for the use of the property on which the easement is to be located: and Whereas, the HOA has agreed to accept responsibility to make all periodic paymenis required for the use of the property on which the easement is to be located. NOW THEREFORE, in consideration of the sum of $10.00, the mutual promises herein contained, and other good and valuable consideration, the sufficiency and adequacy of which are acknowledged, the parties agree as follows: 1. The Parties acknowledge the truth and accuracy of the foregoing recitals and incorporate them herein by this reference. 2. County, through MCDOT, shall maintain, so long as said culvert shall be needed, the culvert that runs under Meridian Road, all as more fully described on Exhibit A to this Agreement,. 3. In the event State Land shall require any periodic payment for the continuation of the easement on State Land necessary to perform the maintenance on the culvert, HOA shall pay any and all such moneys due to State Land. 4. Developer shall deposit with the State Land Department the sum of Two thousand five hundred and no/100 ($2,500.00) Doilars, which sum shall use only for the purpose of paying to State Land any required periodic payment for the easement on State Land described in this Agreement for the initial ten year term or to satisfy any conditions State Land may impose upon the easement to be issued. The check to the State Land Department shali include reference to RAV Lease #18-118098. In the event the payment for the initial ten (10) year term is less than Two thousand five hundred and no/100 ($2,500.00) Dollars, upon receipt of a return of funds from the State Land Department, County shall transmit such funds received to Developer. 5. Upon receipt of any invoice, bill and/or statement from State Land to County for a periodic payment for the continuation of the easement on State Land necessary to perform the maintenance on the culvert, County shall forward same to HOA for , payment. 6. Not fewer than thirty (30) days before the due date for any payment due to State Land for the continuation of the easement on State Land necessary to perform the maintenance on the culvert, HOA shall make the required payment to State Land and provide County with proof of such payment. Page 2 of 6 in the event State Land shall not provide an invoice, bill and/or statement to County for the periodic payment due to State Land for the continuation of the easement on State Land necessary to perform the maintenance on the culvert, HOA shall, nevertheless, provide proof to County, not fewer than thirty (30) days before such payment is due, that payment has been made. in the event any payment due to State Land for the continuation of the easement on State Land necessary to perform the maintenance on the culvert shall be late and incur any late charge or penalty, or in the event of any penalty imposed by State Land for the failure to make the required payment, any and ail such penalties shall be the sole and exclusive responsibility of HOA. Developer and/or HOA shall be solely responsible to satisfy any and all conditions placed on any easement, permit or grant of right issued by State Land. 10. In the event HOA shall fail to make any required payment to State Land as set forth in this Agreement, then and in such event, County may, but shail not be obligated to, make said payment. In such event, interest on any payment made by County otherwise owed by HOA pursuant to this Agreement, shall accrue at the rate of one (1%) percent per month calculated daily until all such payments shall have been made, including interest to County. in addition, in the event of the failure of HOA to make any payment required under this Agreement, County is hereby authorized to apply, ex parte, to any court of competent jurisdiction for the imposition of a lien against all real and personal property of HOA, including all bank account or other accounts containing money. In the event such action is necessary, County will provide HOA with notice not fewer than thirty (30) days before such action is filed. Otherwise, HOA waives all other requirements of notice or presentment prior to the seeking of the lien herein referenced. 11. Upon full execution of this Agreement and the payment by the Developer of the funds described in Paragraph 4 of this Agreement, MCDOT shail request that the Maricopa County Board of Supervisors release any and all performance bonds being held to ensure performance by Developer of all obligations related to Meridian Road. 12. All notices or communications under this Agreement shall be in writing and mailed, personally delivered or faxed to the addresses set forth in this Agreement; copies of all notices to the County shall also be sent to the Maricopa County Attorney, Civil Services Division, Attn: MCDOT. Any party may, upon ten (10) days’ prior written notice to the other party as provided herein, change its address for purposes of notices hereunder. 13. To further the cooperation of the parties in implementing this Agreement, each shall designate and appoint a representative to act as a liaison between the County, including its various departments, and HOA. The initial representative for the County shall be the Director of the Department of Transportation or their designee. The initial representative for HOA shall be John S. Poulsen. 14. This Agreement is subject to the provisions of A.R.S. § 38-511. Page 3 of 6 15. This Agreement shall be governed by and construed under the laws of the State of Arizona. 16. The Parties represent and warrant that each is duly formed and validly existing under Arizona laws and that the individuals executing this Agreement on behalf of their respective Party are authorized and empowered ‘to bind the Party on whose behalf each such individual is signing. 17. This Agreement shall be recorded in its entirety in the Official Records of Maricopa County, Arizona, not later than ten (10) days after its full execution. 18. in computing any period of time under this Agreement, the date of the act or event from which the designated period of time begins to run shall not be included. The last day of the period so completed shall be included unless it is a Saturday, Sunday or legal holiday, in which event the period shail run until the end of the next day which is not a Saturday, Sunday or legal holiday. The time for performance of any obligation or taking any action under this Agreement shall be deemed to expire at 5:00 p.m. (Arizona time) on the last day of the applicable time period provided herein. 19. The Parties agree in good faith to execute such further or additional instruments and documents and to take such further acts as may be necessary or appropriate to fully carry out the intent and purpose of this Agreement. 20. The Parties have been represented by counsel in the negotiation and drafting of this Agreement and this Agreement shall be construed according to the fair meaning of its language. The rule of construction that ambiguities shall be resolved against the Party who drafted a provision shall not be employed in interpreting this Agreement. 21. This Agreement constitutes the entire agreement between the Parties hereto pertaining to the subject matter hereof. All prior and contemporaneous agreements, representative and understandings of the Parties, oral or written, are hereby superseded and merged herein. 22. Time is of the essence pertaining to this Agreement. Page 4 of 6 IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date set forth above. COUNTY: MARICOPA COUNTY, an Arizona county By: Chairman, Board of Supervisors ATTEST: By: Fran McCarroll, Clerk of the Board APPROVED AS TO FORM: By: Deputy County Attorney STATE OF ARIZONA ) ) ss. COUNTY OF MARICOPA [Affix notary seal here] NEWCASTLE DEVELOPMENT, LLC An Arizona Domestic Limited Liability Corporation By: John S. Routsen, Co-Manager ATTEST: Ul By: Sa John S Poulsen II, Co-Manager STATE OF ARIZONA) ) ss. County of Maricopa ) Page 5 of 6 Ss On this 22 day of e= \y 201¢ John S. Poulsen and John S Poulsen Il, , came before me personally appeared , the of Maricopa County, an Arizona county, for and on behalf thereof, whose identity was proven to me on the basis of satisfactory evidence to be the person who he or she claims to be, and acknowledged that he or she signed the above/attached document. YaL2-— Notary Public [Affix notary seal here] OFFICIAL SEAL KEIGHLEY PLACE COMMUNITY ASSOCIATION, TOMMIE T. LAMB Notary Public - Arizona INC. MARICOPA COUNTY An Arizona Not for Profit Corporation My Commission Expires APRIL 16, 2019 ~ By: John ©. PobieghPtesident ATTEST: on rene oye Tommie Lamb, Secretary STATE OF ARIZONA ) ) ss. County of Maricopa ) | CERTIFY that on OZ! aA 2015 Tommie Lamb personally came before me and , this person acknowledged under oath, to my satisfaction, that: this person is the secretary of Keighley Place Community Association, Inc., the corporation named in this document; this person is the attesting witness to the signing of this document by the proper corporate officer who is John S. Poulsen, the President of the corporation; this document was signed and delivered by the corporation as its voluntary act duly authorized by a proper resolution of its Board of Directors; this person knows the proper seal of the corporation which was affixed to this document; and this persen signed this proof to attest NOTARY PUBLIC STATE OF ARIZONA ae Maricopa County otary Publi _ My Commission Expires August 31, 2017 [Affix notary seal here] Page 6 of 6