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HomeMy WebLinkAbout1154 Final Plat of Riverside Horizons Industrial III BILL NO. 2072- O60 ORDINANCE NO.� AN ORDINANCE APPROVING THE FINAL PLAT OF RIVERSIDE HORIZONS INDUSTRIAL III EAST, A REPLAT OF LOTS 11 AND 12 OF RIVERSIDE HORIZONS EAST FIRST PLAT AND LOT 2 OF THE REPLAT OF LOT 73 RIVERSIDE HORIZONS EAST FIRST PLAT, IN THE CITY OF RIVERSIDE, PLATTE COUNTY, MISSOURI WHEREAS, Application No. PC12-11, submitted by the Industrial Development Authority of the City of Riverside, Missouri requesting approval of the Final Plat of RIVERSIDE HORIZONS INDUSTRIAL III EAST, a subdivision in the City of Riverside, Platte County, Missouri, was referred to the Planning Commission; and WHEREAS, the Planning Commission considered the application on September 24, 2012 and rendered a report to the Board of Aldermen recommending that the final plat be approved; and WHEREAS, that it is in the best interests of the City of Riverside, Missouri to approve the Final Plat of RIVERSIDE HORIZONS INDUSTRIAL III EAST as set forth herein; NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: SECTION 1— APPROVAL OF FINAL PLAT. That the Final Plat of RIVERSIDE HORIZONS INDUSTRIAL III EAST, a subdivision of the City of Riverside, Platte County, Missouri, a true and correct copy of which is attached hereto and incorporated herein, is hereby approved, platting the property legally described in Exhibit "A". SECTION 2- ACCEPTANCE OF DEDICATION. That the City of Riverside hereby further accepts the, dedication of all streets, municipal uses, easement, access, and utilities shown on the plat, not heretofore dedicated to the public for the purpose(s) as therein set out. SECTION 3— REPEAL OF ORDINANCES IN CONFLICT. All ordinances or parts of ordinances in conflict with this ordinance are hereby repealed. SECTION 4— SEVERABILITY CLAUSE. The provisions of this ordinance are severable and if any provision hereof is declared invalid, unconstitutional or unenforceable, such determination shall not affect the validity of the remainder of this ordinance. SECTION 5— EFFECTIVE DATE. This ordinance shall be in full force and effect from and after the date of its passage and approval. BE IT REMEMBERED that the above was read two times by heading only, PASSED AND APPROVED by a majority f tha Board of Ider en a d APPROVED by the Mayor of the City of Riverside, Missouri, this c. t �day of , 2012. . D � Ka leen L. Rose, Mayor ATT ST: �, Approv to form: • Robin,Littrell, ity Clerk ngy p , City Attorney , `; BILL NO. 2012- O60 ORDINANCE NO. I� Exhibit A All of lots 11 and 12 Riverside Horizons East First Plat, a subdivision in the City of Riverside, Platte County, Missouri, according to the recorded plat thereof, AND all of Lot 2 of the Replat of Lot 13 Riverside Horizons East First Plat, a subdivision in the City of Riverside, Platte County, Missouri, according to the recorded plat thereof, more particularly described as follows: Beginning at the NoRhwest comer of said Lot 2, said point being on the Southerly righ[-of-way line of 41 st Street as it now exists; thence coiacident with said rightof-way line along the following comses: South 89°35'34" East, 174.20 feet; thence Southeasterly, on a tangent curve to the right, 117.87 feey said curve having a radius of 314.00 fcet; thence South 68°OS'OS" East, 974.62 feet to the Northeast comer of said Lot 11; theuce departing said right-of-way line, South 21 ° 54'S5" West, coincident with the East line of said Lot 11, a distance of 494.19 feet to the Southeast comer Wereof; thence North 68°OS'OS" West, coincident with the South line of said Lots 11 and 12, a distance of 951.14 feet to a point on the Southeasterly line of said Lot 2; thence South 00 East, coincident with said Southeasterly line, 36.26 feet to the South-most Southeast comer of said Lot 2; thence Nocth 89°35'S0" West, coi¢cident with the Sout6line of said Lot 2, a distmce of 130.58 feet to the Southwest corner thereof; thence Nor[h 00 East, coincident with the West line of said Lot 2, a distance of 526.51 feet to the Point of Beginning, containing 584,252 square feet, or 13.413 acres, more or less. Final Plat - Riverside Horizons Industrial III East $$ per sq ft based Percentage of �ample based on a 60/40 split Benefits Allocated to Total Benefits Type of Use Lot Number SF between New Trects Based Upon New °n $1.SM Assessment office/indus Allocation Industrial Lot 1 422,261 1.186487032 501,007.20 0.667543% 10,013.14 Industrial Lot 2 223,504 1.186487032 265,184.60 0353332% 5,299.99 Industrial Lot 3 212,386 1.186487032 251,993.23 0.335756% 5,036.34 Industrial Lot4 392,056 1.186487032 465,16936 0.619793% 9,296.89 Industrial Lot 5 610,252 1.186487032 724,056.08 0.964734% 14,471.01 Industrial Lot 6 611,559 1.186487032 725,606.82 0.966800% 14,502.00 Industrial Lot 7 337,431 1.186487032 400,357.51 0.533437% 8,001.56 Industrial Lot 8 471,259 1.186487032 559,142.69 0.745003% 11,175.04 Industrial Lot 9 365,203 1.186487032 433,308.62 0.577341% 8,660.12 Industrial Lot 10 301,577 1.186487032 357,817.20 0.476756% 7,15135 Industrial Indus III -1 424,526 1.160902641 492,833.35 0.656652% 9,849.78 Industrial Indus III - 2 159,726 1.160902641 185,42634 0.247062% 3,705.94 Industrial Lot 13-1 184,170 O.S75194826 161,184.63 0.214763% 3,221.44 Office Lot 14 316,760 2.458872678 778,872.51 1.037771% 15,566.57 Office Lot 15 1,489,551 2.546674915 3,793,402.17 5.054336% 75,515.05 Office Lot 16 343,224 2.546674915 874,079.95 1.164626% 17,469.39 Office Lot 17 1,114,503 2.546674915 2,838,276.83 3.781726% 56,725.88 TOTALS 7,979,948 13,807,719.10 18397432% 275,961.48 Before Replat Industrial I Lot 11 I 222,921.00 1.186487032I 264,492.8756I 03524108229%I 5,286.16I Industrial Lot 12 223,577.00 1311404703 293,199.9293 03906601572% 5,859.90 Industrial Lot 13-2 137,760.00 0.875195157 120,566.8849 0.1606435524% 2,409.65 584,258.00 678,259.6897 0.9037145324q 13,555.72 FINAL PLAT RIVERSIDE HORIZONS INDUSTRIAL III EAST A REPLAY OF ALL OF LOTS 11 AND 12, RIVERSIDE HORIZONS EAST F[RST PLAT, AND ALL OF CAT 2, REPLAT OF LOT 13, RIVERSIDE HORIZONS EAST FIRST PLAT, IN TH8 CI7Y OF RIVERSIDE, PLATTE COUNTY M[SSOURI � �� e ......� ......�d...W..�O...� .a.� ..�,':;.°.. �°.�..". :::': �`" � ...� ...�.......-..r..«...�..�......� .�.� �� �..�.�..... .�.�✓..�......ws....,.�..��...,.� ..� � `� �+.�. �"9 .+r�.i��r...i�..w..`..�w...��...� y :�: v. � v `. 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' aKtav�+�' r•••a u xw m RIVERSIDEHORIZON5INWSTIUAL111E,151' f . n ,/� � cuv�uma ���� �� ` ��mm� iv -- '' �. `°".. �'•,� _ "�".�'�° � Renaissance In(rastructure ,� ianncw u9 �..`... � . � "r.`r"`op°�.::� �.m.. ssi[re.�..iaew a a o.rcmehp..eo�: ,..,. ._,.._.._r.;_..:r �,�,�.,., .._..,,.m�, Consulting �R'I•C� �11W6�a11sW I Inm4�W151 fllllll)M/a I� ' RIVERSIDE HORIZONS LLC 6300 N. REVat� DxrvE, Surre 225 KANSAS CTTY M�SSOUtu 64151 September 19, 2012 V�n FnCSnKU.E (5161746-8349. Vin Fncsmsn.E (S16) 746-8349. HAND DELIVERY AND US MAIL HAND DELIVERY AND US MAII. City of Riverside CiTy of Riverside City Hall City Hall 2950 NW Vivian Road 2950 NR' Vivian Road Riverside, Missouri 64150 Riverside, Missouri 64150 Attn: City Administrator Atm: City Attomey Re: Notice of Intent to Purchase Certain Property in the Briarcliff Horizons Site: All or a part of Lot 2, REPLAT OF LOT 13, RIVERSIDE HORIZONS EAST FIRST PLAT, and Lofs 11 and 12, RIVERSIDE HORIZONS EAST FIRST PLAT, subdivisions in the City of Riverside, Platte County, Missouri, according to the recorded plats thereof, to be replatted as LOT 1, RIVERSIDE HORIZONS INDUSTRIAL III EAST Ladies and GenUemen: The City of Riverside, Missouri (the "City") and Briarcliff Realty, LLC (now known as BR NorthPoint, LLC) entered into that certain Master Development Agreement (the "MDA") on May 10, 2011. Thereafter, with the City's consent, BR NorthPoint, LL.0 assigned its righu and obligations under the MDA to Briucliff Horizons, LLC, which changed its name with the Missouri Secretary of State on February 24, 2012 to Riverside Horizons, LLC (the "Developer"), an affiliated entity of BR NorthPoint, LL.C. The MDA provides the Developer with certain vested rights to purchase, from time to dme, all or a portion of the property within the area of land delineated by the MDA known as the `Briazcliff Horizons Site." The Developer now desires to purchase, pursuant to the terms and conditions contained in the MDA, all or a part of Lot 2, REPLAT OF LOT 13, RNERSIDE HORIZONS EAST FIRST PLAT, and Lots 11 and 12, RIVERSIDE HORIZONS EAST FIRST PLAT, subdivisions in the City of Rivetside, Platte County, Missouri, according to the recorded plats thereof, to be replatted as LOT 1, RIVERSIDE HORIZONS INDUSTRIAL III EAST as depicted and described on the enclosed proposed Final Plat prepared by Renaissance Infrnstructure Consuldng ("RIC"). The Purchase Price for the Property shall be $212,263.00, which is based upon the NIDA's purchase price of $0.50 per square foot and the Property's measured square footage of 424,526 squaze feet as set forth in the proposed Finat Plat. �P:/OOCS/1fi93/037/0�669866;2� RNERSIDE HORIZONS, LLC City of Riverside City Hall ATTN: City Administrator and City Attorney September19,2012 Page 2 Therefore, pursuant to SecGon 7.5(a) of the MDA, the Developer hereby provides the City with the required thirty (30) day prior written notice of the Developer's intent to purchase the pmperty described and depicted on Exhibit A hereto on October 19, ?Al2. The developing party will be Horizons Industrial III, LLC, a Delaware limited liability company, and joint venture between BR NorthPoint, LLC and The Northwestem Mutual Life Insurance Company. Should you have any quesdons regazding this norice, please contact the undersigned at your eazliest oppor[unity. Thank you. RrvExsIDE Ho�uzoNS, LLC By: �..--- Nathaniel Hagedorn, er Enclosure: Proposed Final Plat, Riverside Horizons Industrial III E � PNOCS/1893/037A0669866.2 �