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Document Moscow_doc_34cb11ce5e

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MONUMENTATION AGREEMENT BETWEEN IT ANI DEVELOPMENT IV, INC., AND CITY OF MOSCOW, IDAHO THIS MONUMENTATION AGREEMENT entered into this j_fl_'f . .ay of Al{f:Lfj , 201'E.by and between ltani Development IV, Inc., whose current address is 1515 Wadleigh Drive, Pullman, Washington, 99163 (hereinafter referred to as "DEVELOPER") and the City of Moscow, Idaho, a Municipal Corporation of the State of Idaho, 206 East Third Street, Moscow, Idaho, 83843 (hereinafter referred to as "CITY") for the pw-pose of subdividing real property within CITY. W I T N E S S E T H: WHEREAS, DEVELOPER is the owner of certain premises located in CITY commonly known as Rolling Hills 8th Addition to the City of Moscow; and WHEREAS, DEVELOPER has not at this time set interior monuments as required by Idaho Code Section 50-1303; and WHEREAS, DEVELOPER desires to record the final plat of Rolling Hills 8th Addition; and WHEREAS, Idaho Code Sections 50-1331 to 50-1333 allow the setting of interior monuments for subdivisions following the recording of the final plat; and WHEREAS, the parties mutually desire to ensure that such monuments be installed; NOW THEREFORE, and in consideration of the following mutual promises, DEVELOPER and CITY hereby agree and covenant as follows: I. PROPERTY AFFECTED: Property which is subject to this Agreement is described as Rolling Hills 8th Addition to the City of Moscow (hereinafter referred to as "SUBDIVISION"), as shown by the plat herein incorporated by reference. 2. PROFESSIONAL LAND SURVEYOR: For the purpose of this Agreement the Professional Land Surveyor (hereinafter referred to as "SURVEYOR") for the platting of SUBDIVISION is Larry J. Hodge, PE/LS No.3003, of Moscow, Idaho. 3. CONDITIONS OF RECORDING WITHOUT MONUMENTATION: Pursuant to Idaho Code Section 50-1333, DEVELOPER may record the final plat of SUBDIVISION if: A The exterior monuments have been set; B. The SUBDIVISION plat includes a certification by SURVEYOR that the interior monuments for SUBDIVISION shall be set in accordance with Idaho Code Section 50-1303, on or before a specified date and the said interior monuments shall be referenced on the SUBDIVISION plat with a unique symbol. The time for setting the interior monuments shall not exceed one calendar year from the date the SUBDIVISION plat is recorded or as otherwise specified by written agreement with CITY; and MONUMENTATION AGREEMENT PAGE 1 OF3 IT ANI DEVELOPMENT IV, INC. AND CITY OF MOSCOW, IDAHO 20I2·