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Resolution No. 5-89Piecorcled at the re\iue;t ot ancl re\uffi to: Park City Municipal Corp. P. o. Box 1480, Plltk City, UT 84060 A-7TtJ: c__1ry RECDl(J)E/2__, Resolution No . ct1_-89 ,. ' J ·' • ,/ . g , b -/ ::i RED NOTE�-6�798 5 ����� 89 JUN -2 AH 9:2� Al AN SF RIGGS ""-.. (_. : f'"ee Exempt per Utah Code SUHHIT COUNTY RECORDER fc. Annotated 1953 21"7-2 A RESOLUTION ANNEXING LAND OF THE THAYNES CREEK SUBDIVI SION INTO fJiEO ��RP0RA'f'E-IttM:E'¥6 OF PARK CITY , UTAH WHEREAS , a petition was filed by the owners of the land included within the area described on the attached Annexation Plat , reque sting the City to annex that land to the City, zoned as Recreation Open Space (ROS ) , Residential Devel opment Medium Density -Master Plan Development (RDM-MPD) and Single Family (SF); and WHEREAS , the land is included within the City's Annexation Pol icy Declaration Statement and Annexation Boundary area ; and WHEREAS , public hearings , as required by law, were held before the Planning Commission and the City Council , at which hearings an Annexat ion Agreement was approved in the form attached hereto as Attachment A; and WHEREAS , the land in question is not included within any other jurisdiction , and there have been no protests to the annexat ion filed by any other jurisdiction ; NOW THEREFORE , BE IT RESOLVED by the City Counc il of Park City, Utah , that the land described below be, and is hereby annexed to the corporate limits of Park City : . ··Beginning at a point that is on the westerly right­ of-way line of State Highway U-2 24 (U. s. Alt . 40), said point being South 33 .50 feet and West 13 1 9.04 feet from the Southeast corner of Section 5, Township 2 South, Range 4 East , Salt Lake Base and Meridian and running thence West 1085. 71 feet ; thence North 110.30 feet ; thence East 1042 .78 feet to a point on the westerly right-of-way line of said State Highway U-224 ; thence South 21 16 1 0011 East along said westerly right-of -way line 118.36 feet to the point of beginning . The land so annexed shall be entitled to receive all city services on the same basis as other land with in the City, and shal l be subj ect to all city levies and assessments on the terms of the Annexation Agreement Attachment A. This Resolution sha ll take effect upon passage , provided that the annexation shall not be deemed completed unt il th is Resolution is recorded in the office of the Summit county Recorde r, together with the Annexation Plat . DATED this Llfti day of May, 1989 . Attest : STATE OF UTAH ) SS COUNTY OF SUMMIT ) PARK CITY MUNICIPAL CORPORATION ��� On the 11th day of May, 1 989, the foregoing Resolution annexing land of the Thaynes Creek. Subdivision into the corporate limits of Park City, Urt a�W:�ackno\vledged before me by Hal W. Taylor, who executed the same. ,-<.< Y �(; / '1 »'" '.& ? ' ( ' r!t.-'JJL My commission expires: Residing at: Thaynes Creek Ranch Annexation Agreement THIS AGREEMENT is made by and between Park City Mun icipal Corporat ion ("P ark City") and Franklin Richards ("Richards ") or its assigns , to set forth the terms and conditions under which Park City will annex land owned by Richards into the corporate limits of Park City, and extend mun icipal services to that property . This agreement is made under authority of Utah Code Annotated 10-2-414 , 19 53 , as amended , and sh all serve as part of a supplemental annexat ion pol icy declaration when executed by all parties . In consideration of Park City's agreement to annex Richards ' property and in consideration of the mutual promises contained herein , the parties agree that the terms and conditions of annexation shall be as follows : 1. Property . The property to be annexed is described on the attached Exhibit A, and is referred to as the Thaynes Creek Ranch property , Phase 1. 2. Future Developm ent and Annexation . Richards does not intend to annex his entire property at this time . As Richards proposes to develop his property further , however , he agrees to make application to the city for annexation before seeking to develop the property under the jurisdiction of Summit County . 3. Zoning. Upon annexat ion , the property will become subject to the Park City Land Management Code , Subd iv ision Regulations and ATTACHMENT A 1 Park City 's other building regul ations . The property will be zoned in three areas , as shown on the annexation plat for the property, which is incorporated into th is agreement as Exhibit B. The developed single family subdivis ion will be zoned SINGLE FAMILY (SF). The buffer area along the highway will be zoned RECREATION OPEN SPACE (ROS) and the office building site will be zoned RE SIDENTIAL DEVELOPMENT MEDIUM DENSITY -MASTER PLANN ED DEVELOPMENT (RDM-MPD). 4. Subdivision Approva l. The Planning Commission has approved a Sketch Plat for 11 single family parcel s. Those parcels are 10 ,000 sq. ft . in size . The sketch plat approval also inc ludes reduced setbacks cons istent with the setbacks in Thaynes Canyon Subd iv ision which is across the street . Front and rear setbacks of 15 to 25 feet will be required to be staggered and will be approved by the Planning Commi ssion . The parcels access directly off of Payday Drive. The subdiv ision shall include the installation of a sidewalk or bike path along Payday Drive from the Highway 224 Right of Way line to the westernmost line of the annexation area . The sidewa lk or bikepath shall be built to city standards . It is not antic ipated that the city will snowplow the sidewalk in the winter. The Planning Commission approval has required that certain conditions be met such as a requirement for architectural guidel ines and limitations on the uses and appearances of the back yard areas . This sketch plat approval is valid for one year from the time at which the approval was granted with the possibil ity of ATTACHMENT A 2 BOO•, 523 r:u400 a one year extension , at which time the approval will expire, and the underlying zoning and this agreement shall be the only devel opment parameters until such time as another devel opment scheme is approved . 5. Buffer Area . The area which is zoned ROS on the annexat ion plat sha ll serve as a Frontage Protection Area . The area sha ll be landscaped and bermed consistent with plans to be approved by the City . A proj ect sign will be al lowed to be placed in this area, subj ect to approval by the city and consi stency with the Park City Sign Ordinance in effect at the time a sign application is processed . The buffer area shall be insta lled by the developer and sha ll be maintained by the occupant of the off ice building . This buffer will represent the entryway to Park City and will be required to be aesthetically pleas ing . The buffer will include an easement for a Bike Path which may be installed at some later date . The width of the easement shall be 10 feet . Richards will be required to post a security to cover the cost of construction of this Bike Path . Th is amount shall be $2400 .00 and shall be required to be posted prior to final plat recordation of any subdivision plat . This security sha ll be required to be posted for a period of ten (10) years . If no bike path is constructed within ten years , the security shall be released to Richards . 6. Payday Office Building. Richards shall be allowed to construct a small off ice building at the intersection of Payday Drive and HWY 224 . The building sha ll be residential in appearance and shal l house a maximum of 1800 square feet of office space. It ATTACHMENT A 3 shall be consi stent with the attached plan , Exhibit Access will not occur directly from the Highway . Landscape plans will be approved by the City and shall be extensive to screen the building from the highway , without resulting in a tra ffic hazard . The building will be required to maintain the 100 foot setback from the edge of highway pavement , which will be zoned ROS . The RDM-MPD zoning is intended to restrict the use of the area to office uses . In th is case , the RDM zoning will not permit any retail uses , service stations , or property management or check-in facil ities . The use permitted is only for professional offices as long as the RDM-MPD zoning remains in place . 7. Future Access to Adj acent Property . The Park City Subdiv ision Ordinance requires that all subd ivisions be planned to provide a road stub to adj acent property which may be developed . Richards is required to provide a fifty foot wide easement for this possible future access as shown on the annexat ion plat . The right of way must be mapped, but need not be improved or dedicated to Park City unless the property adj acent to Thaynes Creek Ranch is annexed . 8. Park Devel opment Fee . The Park City Annexation Policy requires that a recreation area be provided , or that a park acquisition and devel opment fee be paid at the time of any annexat ion . The amount of the fee shall be $1035 per single family parcel for a total of $12 ,420. The developer may work with the City staff and Park, Recreation and Beautification Board to perform work in nearby Rotary Park or another community park in lieu of ATTACHMENT A 4 BOO• 523 p:,G E'i02 payment of the fee . The work to be performed shall be of a value at least equal to the amount which would otherwise be required . If no such arrangement has been agreed upon at the time of subdivision plat recordat ion , the developer shall pay the fee directly to the city before the plat is released for recordation . 9. Engineering Inspec tion Fees . Thaynes Creek Ranch will involve the construction and extension of public improvements including sanitary sewers , storm sewers, and water lines to serve the project . 6% of the Richards shall pay Park city a maximum fee equal to value of the construction of City-owned public improvements to compensate Park City for its time and effort in reviewing designs and inspection of construction of those improvements , consistent with current Park City pol icy . Two and one-hal f percent (2 .5%) of this fee wi ll be paid at the time the notice to proceed is issued . A similar arrangement may be required by Snyderville Basin Sewer Improvement District prior to subdivision plat approval . 10 . Water Connection Fees . As each building permit is obtained for individual houses within the subdivis ion bu ilt on annexed land , the property owner shall pay Park city the water connection fee then required pursuant to Park City ordinance . 11. Impa ct and Building Fees . All impact , building and plan check fees due for construction within the annexed land sha ll be collected as provided by Park City ordinance . 12 . Acceptance of Public Improvements . Park City will accept title to the public improvements upon final approval of the ATTACHMENT A 5 construct ion , subj ect to all conditions and limitations contained within the Land Management Code , Subdiv ision Ordinance and Park City Des ign Standards , Construction Spe cifications, and Standard Designs . 13 . Ut ility Relocation . There are currently overhead util ity lines which run across the prop erty . Those lines will have to be relocated and the Park City Subdivision Ordinance requires that util ity lines be undergrounded in single family subdivisions . Richards will be respons ible for undergrounding the ut ilities . 14 . Dedication of Water Right s. Richards shall convey to the City sufficient water rights to meet the anticipated water demand of the devel opment on Park City's mun icipal water system. This requirement shall be 1.0 acre feet of water per lot , converted to mun icipal uses and approved by the city Attorney as to spec ific water right and point of diversion . Richards shall bear the burden of convers ion to mun icipal uses . This dedication will result in a credit of $1900 .00 per lot against the Park City water devel opment fees levied at the time of building permit issuance . In the event Richards is unsuccessful in converting the water to mun icipal use or is otherwise unable to perform the ob ligations set forth in this paragraph , the City will be entitled to collect from the property owners the Water Devel opment Fees as then provided for by Ordinance . 15 . Excess City Property Al ong Payday Drive . The City owns a 16 foot strip of property outside the right of way required for Payday Drive . The right of way is approximately ten feet outside ATTACHMENT A 6 BOO• 5?3 •, ,il n ._, P,,f,E <±LJ4 of the existing gutter . Because the City desires to minimize the area of asphalt streets which must in due course be maintained and repa ired , it is the desire of the City to sell to Richards the 16 foot strip along the frontage of all lots which are platted along Payday Drive . It is the intent of the City to require a 15 foot non-exclusive util ity easement along the front of all lots platted on Payday Drive to provide adequate space for utilities . The anticipated sale price of the 16 foot strip of City property is $�� per square foot . The City Council will set the proceeds aside and use it for open space acquisition on the Richards property or elsewhere in the area . DATED THIS Att est : Anita L. Sheldon city Recorder ATTACHMENT A day of May , 1989 . PARK CITY MUNICIPAL CORPORATION FRANKLIN D. RICHARDS , JR . 7