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HomeMy WebLinkAboutBF153017-001MW See M is /e�ordS l.IM 26 PAGE 643 AGREEMENT v! -44 4 �i HOUSECRAFT BUILDERS, INC. by JEROLD M. I V tii WEISBURD (herein "Weisburd") and JEROLD M. v � v WEISBURD, individually, residing at 167-1 Calkins II Road, Ithaca, New York, and the TOWN OF ITHACA b M� (herein "Town"), Tompkins County, New York, dated t \1� September 6, 1983, i WITNESS ETH: j WHEREAS: , A. The Planning Board of the Town of Ithaca l; has approved the subdivision for the Commonland Community Development Plan, 124 units with �l Community amenities on Tax Parcel No. 6-58-1-33.2, as shown on the maps and in approval resolutions that constitute the Planning Board public record �( of approval of February 1, 1983, and B. It is a condition of approval of the subdivision by the Planning Board that Penny Lane and Abbey Road, among others, be constructed by Weisburd as public streets and be accepted by the Town as public streets. Furthermore, Weisburd has 6q applied for and received building permits to construct cluster houses on several lots in the d �! M � � subdivision, and v C. Construction of the streets and Community -- .b improvements have not been completed and, K i accordingly, the certificates of compliance or o v V occupancy cannot be issued unless such streets have been adequately constructed and accepted by '. the Town or adequate security to assure completion of of the streets has been delivered) "ReftA. n . - See M;st, Awls, see rise. Rrrvyws, puQ" 30/*7 a33. L3 �Odg 31 e 7co. L;beR 3►1•jc 5let M;Sr. XproYis See M;sc. 2ec�rds � -738". P ►aer 31 , P'.' , -See ;s,!,ertoyA, See M;5,r. �'t eCor�s, 3r � %hise, /QPPo r�si I.�bt, "CPR 31115-S �¢n JP11 bZQ- &WYY� darn s eQ eeA" ,ui\ �, �K ,;Cq • 7 8 vn �k,o2.9 75.3f"td M K. aq g-aa-g6 s� J e NI jaK ' 3 e. Records o- �o 2 um 26 PAGE 644 NOW, THEREFORE, in order to induce the said Town to issue certificates of compliance or occupancy and further building permits for the construction of dwellings on the above lots and in consideration of the premises and the mutual agreements hereinafter set forth, IT IS AGREED AS FOLLOWS: 1. The Town will issue certificates of compliance or occupancy and building permits for construction on application by Weisburd provided that such certificates and permits may lawfully be issued in compliance with all applicable ordinances, laws,* rules and regulations, and provided that Weisburd has furnished a bond, letter of credit, cash escrow, or other security approved by the Town and Weisburd has executed all documents necessary to convey title to the streets to the Town and any necessary easements to perform Community improvements, as defined on page 9 herein, and has furnished all other title, maps, and other documents required by the Town and has paid for all title searches, filing and recording fees and other fees and expenses incurred in this matter. Weisburd agrees to pay all such expenses upon demand by the Town. 2. Notwithstanding the foregoing, Weisburd agrees to complete the streets and Community improvements hereinabove mentioned prior to September 1, 1984. Said streets must be completed in accordance with the specifications established by the Town of Ithaca for completion of Town highways. Said Community improvements shall be completed in accordance with approved cluster I! I 3 VIER 26 PACE 645 plans. The final determination as to whether or not such streets and Community improvements have been completed in accordance with the specifications and approvals of the Town shall be made by the Town Highway Superintendent and the Town Engineer. 3. If Weisburd fails to complete the said streets as required by this agreement, or otherwise defaults in the performance of this agreement, the Town may proceed to complete said streets and Community improvements and Weisburd agrees to pay to the Town on* demand (i) the cost of completing said streets and Ccmmunity improvements or (ii) any other expense or liability incurred by the Town hereunder, including all necessary expenses, obligations and liabilities incurred by the Town hereunder, including reasonable attorneys' fees. As partial security for the performance of such work, Weisburd, at his expense, shall provide and maintain a contract bond, letter of credit, cash escrow, or other security approved by the Town, in such amount as the Town may require (which has been established at $30,000) to assure performance by Weisburd under this agreement and as provided for in item 15 of the February 1, 1983 Town Planning Board Approval. A copy of this agreement shall be attached to the bond, letter of credit, or cash escrow commitment, and shall be delivered by Weisburd to the local agent of the surety or the bank issuing the security. li 4 um 26 PACE 646 A. A Schedule of improvements with estimated expenses is attached to this agreement. B. If Weisburd believes that improvements on the Schedule have been constructed in accordance with the requirements of this agreement, Weisburd may apply for a reduction of the security funds. If the Town approves or accepts the improvements, the security funds shall be reduced by an amount which the Town determines will leave a balance of secured funds in an amount which the Town reasonably determines will be sufficient to provide, reasonably, for the construction of the improvements which remain to be completed. The amounts set forth in the Schedule are estimates or guides only. C. If the Town accepts the construction of any improvement listed in the Schedule, it will promptly notify the developer of the amount by which security funds are reduced. D. If the Town determines that the improvements have not been constructed in full or in part in accordance with requirements, the Town must give a concise, sufficient report explaining its determination. E. If Weisburd disagrees with the amount of reduction of the security funds (sub -paragraph C, above) or the Town's u r' i 1 1 5 DOER 26 rAcF 647 refusal to accept the improvements in f ull or in part (sub -paragraph D, above), Weisburd shall notify the Town in writing setting forth concise and sufficient statements in support of Weisburd's position. Within ten (10) days thereafter, the Town and Weisburd shall meet to attempt to resolve their differences. If the parties cannot resolve their differences, Weisburd may, within 120 days after such meeting appeal for a review of the Town's determination in an Article 78 proceeding. 4. Weisburd agrees to furnish to the Town an abstract of title certified at least to the date of escrow of the said street deeds. The street deeds will be warranty deeds with lien covenant: Five copies of the survey map will be furnished to the Town. 5. Upon execution of this agreement and upon the acceptance of the security by the Town, the Town Building Inspector is authorized to issue certificates of compliance or occupancy and building permits for the lots hereinabove enumerated, it being also provided that an executed copy of this agreement will be recorded in the Tompkins County Clerk's Office. 6. To the extent that the Town of Ithaca is required to expend any funds for the completion of said streets or for any other purpose arising out of this agreement for which it has not been compensated, under the performance bond or letter 6 um 26 PAGE G48 of credit, or by Weisburd, or in any other manner, the Town may, at its option, pursue any one or all of the following remedies to enforce the collection of any such amount: (a) The Town may bring an action at law to collect such amount as on a contract] (b) Any such unpaid amount shall be added to any Town tax due and payable by Weisburd on any of the property now or hereafter owned by Weisburd in the Town of Ithaca. Said amount shall be added to the tax due on the first day of January next following demand for payment by the Town. (c) The Town, at its option, may refuse to issue further building permits or conditional or final certificates of occupancy until such time as such amounts have been paid. 7. Until the streets are completed in accordance with Town specifications, the Town assumes no liability of any kind resulting from the issuance of a permit for construction on a lot fronting on the aforesaid streets or arising from the use of any such streets by any person and any such person using any such streets does so at his own risk insofar as the Town is concerned. Weisburd will indemnify and hold harmless the Town of. Ithaca, its officers, Board members, contractors, employees, and any member of any Town Board or agency involved, from any and all suits, actions, claims, expenses (including reasonable attorneys' fees), damages or liabilities they may incur because of any injury to persons and property occurring during any period up to the 1 1 1 1 ' IMIR 26 na 649 final dedication to and acceptance by the Town of any streets or other improvements as provided in this Agreement. Weisburd will furnish a good and sufficient public liability insurance policy insuring the Town against any such liability, damages, and so forth, as specified above in such amounts and with such coverage and companies as the Town, upon recommendation of the Town's insurance advisor, shall reasonably require. 8. HouseCraft Builders, Inc. and Jerold Weisburd individually, agree to save and hold harmless the Town of Ithaca, its officials and employees, from any and all claims, expenses, costs,, or liability of any kind which may arise for any cause, whether injury to persons, property j or otherwise by virtue of the issuance of certificates of compliance and building permits prior to the completion and construction of the roads by the Town. HouseCraft Builders, Inc. and Jerold Weisburd agree that all proper measures will be taken to provide safe access over said streets for pedestrians and vehicles until such time as the work is completed to the satisfaction of the Town and the deed is recorded. 9. In order to insure that all steps have been taken by Weisburd to complete the dedication of the streets to the Town, Weisburd has executed and delivered concurrently herewith, a deed conveying Abbey Road and a portion of Penny Lane to the Town for purposes of a public highway. This deed is received by the Town in escrow and will be held by the Town in escrow until the Town Board accepts the streets when they have been 8 LzER 26 !ACE 650 completed according to Town specifications. Until such time, said roads will not be public streets. 10. As an accommodation to provide the best street for the public, the Town will provide winter maintenance. A. It is understood that if the Town elects to exercise its right to complete the construction of the streets, the Town shall record the deeds and the streets shall then be deemed to be public streets thereafter. 11. The resolution of August 30, 1983 of the Town Board will authorize approval of this agreement. This agreement is subject to such approval. This agreement shall not be effective until Weisburd has delivered the Security Documents to the Town and they have received Town approval. It is understood, however, that the security funds -- $30,000 -- will be obtained from the sale of the first unit of the Commonland Community. The firm of Thaler and Thaler has represented to the Town in order to induce the Town to enter into this agreement that it will hold $30,000 of the proceeds of such sale and deposit them promptly with the First Bank of Ithaca immediately following such first closing. 12. Determinations under this agreement shall be made by the Town Supervisor unless the Town Board determines otherwise or designates another Town agency or person to perform this task. The Town Supervisor shall report to and keep informed the Town Board and the Town Attorney. The foregoing procedure may be changed by direction of the Town Supervisor. I 1 0 1 9 OUR � PACE 651 This agreement shall bind the parties hereto, their respective successors, distributees, representatives, and assigns. IN WITNESS WHEREOF, this agreement has been executed by the said Weisburd, by the said HouseCraft Builders, Inc., and by the said Town of Ithaca. HOUSECRAFT BUILDERS, INC. SEAL By: �/ �J L.S. (�,"'► L.S. JEROL6 M. WEISBURD, Individually S E A L TOWN OF ITHACA By: Z?a��y ' L.S. Community Improvements a) Check dams $ 500 b) Seeding. 2,000 c) Paving entrance (Slaterville Road) 2,500 d) As -built -survey maps 300 e) Concrete paver walks 200 f) Boardwalk across waterway (footbridge) 500 g) Trash bin screen 500 h) Light post and wiring 500 i) White pines and new shade trees 10,000 j) Completion of sewage lift station 5,000 k) Check dam, headwall and endwalls 1,000 I i I 11 I.OER 26 PAGE sS3 ADDENDUM TO AGREEMENT BETWEEN HOUSECRAFT BUILDERS, INC., JEROLD M. WEISBURD, INDIVIDUALLY, AND THE TOWN OF ITHACA. RE: AGREEMENT for Completion of Streets in Commonland Development. DATED: September 2, 1983. I. The following provisions are added to paragraph 3 of the Agreement: A. If Weisburd fails to make the payments required by the above provisions or fails to do the required work, then the bank, issuer, fundholder, depository, or surety, as the case may be ("security issuer" or "escrow fundholder"), is authorized to pay to the Town of Ithaca, without any further authorization, from HouseCraft Builders or Jerold Weisburd, such sums as the Town may,, from time to time, require (not in excess of the secured amount, $30,000) for the reasonable expenses and costs the Town may incur under this Agreement provided that the Town has given written notice to Jerold Weisburd, individually and in behalf of HouseCraft Builders, of its intention to withdraw such funds, the anticipated date of withdrawal, and a statement of the amount the Town will require with a supporting itemized list of such costs and expenses. Such notice shall be given either by personal delivery or mail at least ten (10) calendar days prior to personal delivery �I WER 26 PAGE 654 12 or date of deposit of the notice in a United States mailbox. Be In any event, if Weisburd has not performed this Agreement by September 1, 1984, the funds required by the Town will be paid by the security issuer or escrow fundholder to the Town upon demand by the Town. C. The Town must account to Weisburd for all funds received and will return to Weisburd such funds, if any, in excess of the amount required by the Town for the purposes of this Agreement. If any additional sums are required, under the terms of this Agreement, Weisburd will pay such sums upon presentation of a statement from the Town in such reasonable time thereafter as they may need to review the statement, not in excess of ten (10) days. Weisburd will promptly give to the Town a written statement of any objections to the Town's statement. II.' The following provisions are added to paragraph 4 of the Agreement: A. Title will be conveyed by warranty deed with lien covenant. Seller will furnish abstract of title conveying good and marketable title free and clear of all liens and encumbrances except those which the Town will accept and a title policy insuring the fee title with such exceptions only as are acceptable to the i II 1 13 LIdtR 26 PAGE 655 Town. Weisburd will furnish such other documents as may be reasonably required to accomplish the foregoing. The survey maps of the proposed roads must be satisfactory to the Town Engineer and must be in form required for filing in the County Clerk's Office. Conveyance will be subject to identified easements of record for public utility lines provided they do not affect the construction, repair or maintenance of any street or adversely affect its use by the public in the opinion of the Town Engineer. Releases or agreements of any such encumbrances, if required, must be obtained to the satisfaction of the Town Attorney. Survey maps must show any easements or other encumbrance affecting the street. Such survey must be certified to the Town of Ithaca, its successors or assigns. III. The following provisions are added to paragraph 6 of the Agreements A. However, so long as Weisburd is not in default to any extent under this Agreement, the Town agrees, upon request by Weisburd, to execute an instrument releasing from any lien imposed by this Agreement any unit of the development which is being sold or for which a certificate of occupancy or building permit has been requested. 14 uBER 26 wE 656 B.. The form for such release shall be prepared by Weisburd but shall be approved by the Town Attorney. IV. A. The phrases "street" or "streets" shall also be deemed to include, at the option of the Town, all other improvements related to the construction of any streets. B. The escrow agreement shall also apply, at the option of the Town, to any other improvements required by the Town as a condition to the issuance of a certificate of occupancy including the items set forth in the annexed schedule of Community Improvements. V.. A copy of this Agreement or the substance thereof, as prepared by the Town, shall be delivered by the developer to the owner of each unit or to the occupant (if other than a unit owner) of any unit. "HouseCraft Builders," "Housecraft," "Weisburd," shall be deemed to mean HouseCraft Builders, Inc. The liability of Housecraft and Jerold Weisburd is joint and several. This ADDENDUM is agreed to by the parties HOUSECRAFT BUILDERS, INC.. W By:i�" ' 6— •0 - Jelcr,4 M. Weisb rd, Indiv ftilly ,-.•',� ". ' TOWN OF ITHACA �� . S E A L By: �ic.t���J� �c ` v- ` The foregoing is subject to approval hYL they Town Board of the Town of Ithaca. 1 1 1 15 i.w 26 FAGE 657 STATE OF NEW YORK )SS. COUNTY OF TOMPKINS) On this ., day of September, 1983, before me personally came JEROLD M. WEISBURD, to me personally known, who, being by me duly sworn, did depose and say that he resides at 167-1 Calkins Road, Ithaca, N.Y., that he is the President of HouseCraft Builders, Inc., the corporation described in, and which executed, the within Instrument; that he knows the seal of said corporation; that the seal affixed to said Instrument is such corporate seal; that it was so affixed by order of the Board of Directors of said corporation; and that he signed his name thereto by like order. N&tary PuVi'ed aK• " ►b. 3rn2, is Tompkins ,kL n Commission Expir. t.' :0,190 STATE OF NEW YORK ) COUNTY OF TOMPKINS)SS. On this t%.,, day of September, 1983, before me, the subscriber, personally appeared JEROLD M. WEISBURD, to me personally known and known to me to be the same person described in and who executed the within Instrument, and he duly acknowledged to me that a executed the same. �V'a.�41m)4PAA=z: - Nbtany FlubA44public, Sere of New Yom W 472124% Vwd is Tompkins ,.,,;nty Commission Expire i+1. ' 20,19 If STATE OF NEW YORK ) COUNTY OF TOMPKINS)SS. On this r� I day of September, 1983, before me, the subis r-ib r, personally appeared NOEL DESCH, as Supervisor of the Town of Ithaca, to me personally known and known to me to be the same person described in and who executed the within Instrument, and he duly acknowledged to me that he executed the same as su h Supervisor. 6Ntary unlic 'ER I. WALSH Notary public, Sua of ► m Vwk No, M24s Quelif ed in Tompkins u0.+111. Q -4 Commission ExpireS M-'t A l9 an���yy.• ••. ..••.••. .(*....... W . . .•••• s7.T•.t"•7�i.iffrl