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HomeMy WebLinkAboutCommitments RECORDED DEC -13 -2004 MON 09:49 AM CARMEL COMMUNITY SVCS FAX N0. 317 571 2426 P. 03 ':1. °c COP \fc's i c k x O c L fG USE AND D VELOPMVIENT OF REAL ESTATE OS The undersigned, CENTEX HOMES, a Nevada general partnership, (hereafter eloper the Contract Purchaser of the following described real estate located in Hamilton ounty, Indiana (hereafter "Real Estate makes the following Commitments Concerning the Use and Development of Real Estate to the Carrnel/Clay Plan Commission "Commission 1. Description of Real Estate. See Exhibit "A" hereto "Real Estate 2. Docket 04U6 aQp1 -03PP (The Trails at Hayden Run)].,) 3. Statement o Co tmen ts. Developer shall: (i) Widen the one -half of the right -of- way adjacent to the Real Estate of West 141" Street with three (3) feet of pavement and three (3) feet of stone shoulder to the existing pavement (the "Widening Improvements and (ii) Pay the Carmel Department of Community Services "DOCS the sum of (x) $11,117.11 in lieu of constructing a 36' foot wide street north and south through The Trails at Hayden Run and (y) $45,286.30, in lieu of widening 141" Street by seven (7) feet with chairback curbs (together, the "Cash Contribution Prior to recording a secondary plat with respect to the Real Estate, Developer shall pay DOCS a pro rata portion of the Cash Contribution in an amount equal to the Cash Contribution divided by the total number of lots in the Primary Plat (as hereafter defined) times the number of lots shown on the .secondary plat for which approval was received. DOCS shall apply the Cash Contribution to such roadway improvements within a one -mile radius of the Real Estate as DOCS may determine. The roadway improvements provided for and contemplated by these commitments require and are subject to the approval of the Hamilton County Highway Department/Hamilton County Commissioners. 4. Finding on Successors and Assigns. These commitments are binding on the Developer of the Real Estate, each subsequent Owner of the Real Estate, and each other person acquiring an interest in the Real Estate from Developer. These commitments may be modified or terminated only by a decision of the Commission made at a public hearing after notice as provided by the rules of the Commission. The foregoing notwithstanding, these commitments shall terminate upon the recordation of the first secondary plat with respect to the Real Estate. 5. Effectiveness. These commitments are a condition to the approval by the Commission of the Primary Plat under Docicet t34Q60b0 1 _-03 PP ("Primary Plat") and the approval of a Secondary Plat for all or part of the Real Estate, pursuant to the Primary Plat, shall be subject hereto. 6, Racc The undersigned hereby authorizes the Secretary of the Commission or the Director of the Department of Community Services to record these commitments in the Office of the Recorder of Hamilton County, Indiana, prior to 2000400085399 Filed for Record in HAMILTON COUNTY'. INDIANA JENNIFER J HAYDEN 12 -21 -2004 At 11:28 MISC 13.0 DEC -13 -2004 MON 09:50 AM CARMEL COMMUNITY SVCS FAX NO. 317 571 2426 P. 04 the recordation of the first approved Secondary Plat for all or a part of the Real Estate, 7: Enforcement. These commitments may be enforced by the Commission and City of Carmel, Indiana. Executed this 11' day of 200'0 CENTEX HOMES, 1 partnership ?xes, EAT 14., AP°«S Its: °M.t,{.f k. M C MAru.J By: (printed name and title) STATE OF INDIANA )SS: COUNTY OF (NUN Subscribed and sworn to bAfore ,a Notary Public, in and for said County and State, appeared flu .ig. al the 'Ply vY��id_ty ofa c 4Y 5 the of Centex Homes, a Nevada general partnership, and acknowledged the executed of the foregoing Commitments Concerning the Use and Development of Real Estate for and on behalf of Centex Homes, a Nevada general partnership. 09 WITNESS my hand and Notarial Seal this day of A •.Ve t My Commission Expires: (printe.) Notary Public Residing in J t�ln County A t`1 This Document Prepared by David R. Warshauer, Barnes Thornburg. 11 South Meridian' Street, Indianapolis, IN 46204 111:11,10% Dm= paw s81�6v3 2 DEC -13 -2004 MON 09:50 AM CARMEL COMMUNITY SVCS FAX NO, 317 571 2426 P. 05 :;The Southeast Quarter of the Northwest Quarter of Section 20, Township 18 North, j,, R 3 East, Hamilton County, Indiana, being more particularly described as follows; .•Beginning at the stone marking the southeast corner of said.quarter section; thence .•South 89 degrees 3)4 minutes 08 seconds West, along the south line of said quarter section, 1,325,79 feet to the west line of said quarter- quarter section; thence North 0 degrees 00 minutes 43 seconds West, along said west line, 1,314.94 feet to the north ,line of said quarter quarter section; thence North 89 degrees 32 minutes 26 seconds East, along said north line, 1,325.52 feet to the.east line.of said quarter quarter •section;.thenoe South 0 degrees 01. minutes 26 seconds East, along said east line, r 1015.59 feet to the point of beginning' and containing 40.026 acres, more or less. Subject to right of way for 141st Streit along the entire south side thereof. Also c subjebt to all other legal easements and rights of way of record. +o�ulnttuuNgrl� m. 7Atii r',: 1 4 d r N O F, 4 4 ATF 4 7 Y ly�y• a