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HomeMy WebLinkAbout1446 Amendment to Agreement with Premium Waters Purchase and Sale of Property BILL NO. 2016-004 ORDINANCE NO. r - AN ORDINANCE AUTHORIZING THE EXECUTION AND DELIVERY OF AN AMENDMENT TO THE AGREEMENT OF PURCHASE AND SALE BETWEEN THE CITY OF RIVERSIDE, MISSOURI AND PREMIUM WATERS, INC., AND AUTHORIZING OTHER DOCUMENTS AND ACTIONS RELATED THERETO WHEREAS, the City of Riverside, Missouri (the "City") previously approved an Agreement of Purchase and Sale ("Agreement') between the City and Premium Waters, Inc., ("Premium Waters") through the passage and approval of Ordinance 1415 by the Board of Aldermen and the Mayor; and WHEREAS, certain modifications are necessary to the Agreement; and WHEREAS, the Board of Aldermen find that amending the Agreement previously approved and selling the Property to Premium Waters for the Sale Price and on the other terms and conditions contained in the amended Agreement are in the best interests of the City in that such actions fulfill a public purpose and will further the growth of the City, improve the environment of the City, foster increased economic activity within the City, increase employment opportunities within the City, further the objectives of the TIF Plan, and otherwise are in the best interests of the City by furthering the health, safety, and welfare of its residents and taxpayers. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI AS FOLLOWS: SECTION 1 — BEST INTEREST OF THE CITY TO APPROVE THE AGREEMENT AND SELL THE PROPERTY TO PREMIUM WATERS. It is in the best interest of the City, in order to further the growth of the City, improve the environment of the City, foster increased economic activity within the City, increase employment opportunities within the City, further the objectives of the TIF Plan, and otherwise is in the best interests of the City by furthering the health, safety, and welfare of its residents and taxpayers, to enter into the Agreement and to sell the Property to Premium Waters for the Sale Price and on the other terms and conditions contained in the Agreement, and such Agreement is hereby approved in substantially the form attached hereto as Exhibit A and incorporated herein and such sale of the Property to Premium Waters for the Sale Price and on the other terms and conditions contained in the Agreement is hereby approved. SECTION 2 — AUTHORITY GRANTED. The Mayor is authorized to execute and deliver the Agreement in substantially the form attached hereto as Exhibit A, with such changes therein as are approved by the Mayor. The Mayor, City Administrator, Special Counsel to the City — Spencer Fane LLP, and other appropriate officials and employees of the City are hereby authorized and directed to take any and all actions as may be deemed necessary or convenient to carry out and comply with the intent of this Ordinance and to execute and deliver for and on behalf of the City all certificates, instruments, agreements and other documents as may be necessary or convenient to perform all matters herein authorized, including, without limitation, executing and delivering a Special Warranty Deed for the Property to Premium Waters upon closing of the sale of the Property and executing and delivering a Levee Assessment Allocation Agreement with Premium Waters in connection with the re-allocation of levee district assessments resulting from the purchase and sale of the Property. SECTION 3. EFFECTIVE DATE. This Ordinance shall be in full force and effect from and after its passage and approval. WA 6605479.1 BILL NO. 2016-004 ORDINANCE NO. BE IT REMEMBERED that the above was read two times by heading only, PASSED AND APPROVED by a majority of the Board of Aldermen and APPROVED by the Mayor of the City of Riverside, Missouri, this 5th day of January, 2016. D ' Kathleen L. Rose, Mayor Robin:Kincaid, City Clerk f' � ' R � t Appr des to form: Spen er Fan LLP, Spe 'al C sel to the City by Joe Bednar WA 6605479.1 BILL NO. 2016-004 ORDINANCE NO. EXHIBIT A LEGAL DESCRIPTION Lot 2, ARGO INNOVATION PARK, a subdivision in the City of Riverside, Platte County, Missouri LESS AND EXCEPT: All that portion of said Lot 2 described as follows: Commencing at the northeast corner of said Lot 2; thence coincident with the east line of said Lot 2, South 00028'55 West, 343.78 feet to the Point of Beginning; thence continuing along said east line, South 00028'55 West, 65.75 feet; thence continuing along said east line, North 65°23'28" West, 376.26 feet; thence continuing along said east line, South 00°28'58" West, 410.77 feet to the southeast corner thereof; thence coincident with the south line of said Lot 2, North 65022'38" West, 358.38 feet to the southwest corner thereof; thence coincident with the west line of said Lot 2, North 00°16'14" East, 361.46 feet; thence departing said west line, South 89°43'35" East, 255.95 feet; thence South 65°23'28" East, 455.62 feet to the Point of Beginning, containing 164,007 square feet, or 3.765 acres, more or less. WA 6605479.1 BILL NO. 2016-004 ORDINANCE NO. EXHIBIT B REAL ESTATE SALE CONTRACT WA 6605479.1 REAL ESTATE SALE CONTRACT THIS REAL ESTATE SALE CONTRACT (this "Agreement") is made and entered into as of , 201 (the "Effective Date") by and between THE CITY OF RIVERSIDE, MISSOURI ("Seller"), and PREMIUM WATERS, INC., a Minnesota corporation ("Purchaser"). WHEREAS, Seller owns the real property legally described in Exhibit A and generally depicted on Exhibit B, each attached hereto and incorporated herein (together with all of Seller's rights, privileges, and appurtenances associated therewith in Seller's position as a landowner but not in Seller's position as a municipal body, the "Property"); and WHEREAS, Seller desires to sell to Purchaser and Purchaser desires to purchase from Seller the said Property on the terms and conditions hereinafter set forth. NOW, THEREFORE, in consideration of the foregoing recitals and their mutual promises and agreements hereinafter contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller and Purchaser hereby agree as follows: ARTICLE I. SALE AND PURCHASE 1.1 Purchase Price. Seller agrees to sell to Purchaser, and Purchaser agrees to purchase from Seller, the Property. The Purchase Price (the "Purchase Price") for the Property shall be Two Hundred Seventy Thousand and 00/100 Dollars ($270,000.00). Purchaser agrees to pay the Purchase Price on or before Closing (defined below) by and through Assured Quality Title Insurance Company, Kansas City, Missouri (the "Title Company") by certified or cashier's check or by federal wire transfer of funds as part of the consideration of the sale, adjusted at Closing for prorations and closing costs as described herein or as are mutually agreed between the parties. ARTICLE II. TITLE AND REPLAT DOCUMENTS 2.1 Title Commitment. Seller has, at Seller's sole cost and expense, delivered to Purchaser a leasehold title commitment in current ALTA form and otherwise consistent in form in all material respects with the leasehold title commitment previously issued for the parcel now known and described as Lot 1, ARGO INNOVATION PARK, a subdivision of the city of Riverside, Platte County, Missouri (the "Title Commitment") issued by Title Company showing the current state of title to the Property, together with readily legible copies of all documents and plats, if any, which are referred to in the Title Commitment. 2.2 Replat. Purchaser has, at Purchaser's sole cost and expense, caused to be prepared and furnished to Purchaser, Seller, and the Title Company, a replat (the "Replat") of Lots I and 2 ("Lot 1" and "Lot 2", respectively) of ARGO INNOVATION PARK, a subdivision in the City of Riverside, Platte County, Missouri, in accordance with the standards and conditions set forth by the City of Riverside, Missouri and Platte County, Missouri, which includes, without limitation, a reasonable access easement upon, over, and across the Property for the benefit of Seller sufficient for Seller to access that portion of Lot 2 which is not part of the Property with the exact location, terms and conditions thereof to be agreed upon by the parties (the "Detention Tract"), which Replat combines Lot 1 and the Property into a single tract (the "Combined Tract") and leaves the Detention Tract as a separate tract. The Replat was approved by the Board of Alderman of the City of Riverside, Missouri on March 3, 2015, pursuant to Ordinance No. 1389 and will be recorded at Closing. Nothing contained in this Agreement shall obligate the Seller, in its capacity as a municipal body, to grant, approve or issue the Replat other than pursuant to generally applicable laws, rules or regulations without regard to the existence of this Agreement, and nothing in this Agreement shall be construed as a waiver of the police power of Seller in its capacity as a municipal body. 2.3 Review of Title. Prior to the execution of this Agreement, Purchaser has reviewed the Title Commitment and will work with the Title Company to remove such standard exceptions and obtain such endorsements as requested by Purchaser. Seller will cooperate with Purchaser in good faith, but will not be expected to incur any expenses relating thereto. Except to the extent that Seller cures, or agrees in writing to cure, such Objections prior to or at Closing, Seller shall be deemed to have elected not to cure such matters. In the event Purchaser is unable to remedy or cause the removal of any title objection, then such title objections will be deemed waived by Purchaser. Any title encumbrances or exceptions which are set forth in the Title Commitment and to which Title Company has not removed on or prior to the Closing shall be deemed to be permitted exceptions to the status of Seller's title to the Property (together with zoning ordinances, real estate taxes and assessments not yet due and payable, and boundary matters that would be disclosed on a current and accurate survey of the Property, the "Permitted Exceptions"). ARTICLE III. CONDITIONS PRECEDENT TO CLOSING 3.1 Purchaser's Conditions Precedent. Purchaser's obligation to consummate the transaction contemplated herein is conditioned upon satisfaction of each of the following conditions at or prior to the Closing, any one or more of which conditions precedent may be waived by Purchaser in Purchaser's sole discretion: (a) Representations and Warranties. None of the representations and warranties of Seller set forth in Section 3.4 of this Agreement shall be untrue or inaccurate; and (b) Seller's Obligations. Seller shall have performed or complied with all of Seller's covenants, agreements and obligations under this Agreement. 3.2 Seller's Conditions Precedent. Seller's obligation to consummate the transaction contemplated herein is conditioned upon satisfaction of each of the following conditions at or 2 WA 7672044.1 prior to the Closing, any one or more of which conditions precedent may be waived by Seller in Seller's sole discretion: (a) Representations and Warranties. None of the representations and warranties of Purchaser set forth in Section 3.3 of this Agreement shall be untrue or inaccurate; (b) Purchaser's Obligations. Purchaser shall have performed or complied with all of Purchaser's covenants, agreements and obligations under this Agreement; and (c) No Bankruptcy Proceeding. There shall not have been instituted by or against Purchaser any bankruptcy proceeding. 3.3 Purchaser's Covenants,Representations and Warranties. (a) Purchaser's Authority. This Agreement has been duly authorized by requisite action and is enforceable against Purchaser in accordance with its terms; neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated herein will constitute a violation or breach by Purchaser of any provision of any agreement or other instrument to which Purchaser is a party or to which Purchaser may be subject although not a party, or will result in or constitute a violation or breach of any judgment, order, writ,junction or decree issued against or binding upon Purchaser; (b) No Pending Proceedings. Purchaser has no actual knowledge that there is any action, suit, proceeding or claim affecting Purchaser or relating to the authority of Purchaser to purchase the Property; (c) Development Covenant. Subject to the consummation of the transactions contemplated herein and subject to delays caused by force majeure, Purchaser hereby covenants and agrees (the "Construction Covenant") to complete construction on the Property of an expansion of its current facility on or before May 31, 2018 (the "Building Construction Deadline"), such expansion having not less than one hundred thousand (100,000) square feet of gross floor area, in adherence to: (i) the standards and regulations approved and adopted by Ordinance No. 1227, passed and approved by the Board of Aldermen of the City of Riverside, Missouri on July 2, 2013 and attached hereto and incorporated herein as Exhibit C; and (ii) the development and landscaping plans approved and adopted by Ordinance No. 1380, passed and approved by the Board of Aldermen of the City of Riverside, Missouri on February 3, 2015 and attached hereto and incorporated herein as Exhibit D. In the event that the Purchaser fails to satisfy the Construction Covenant on or before the Building Construction Deadline, then Purchaser shall pay to Seller, as a payment in lieu of taxes concerning the Property and any improvements thereon, the sum of One Hundred Five Thousand and 00/100 Dollars ($105,000.00). In the event that the Purchaser fails to satisfy the Construction Covenant on or before May 31, 2019, then Purchaser shall pay to Seller, as a payment in lieu of taxes concerning the Property and any improvements thereon, an additional sum of One Hundred Five Thousand and 00/100 Dollars ($105,000.00); (d) Liens. Purchaser has and will keep the Property free and clear of all liens, claims and demands, including mechanic's liens, in connection with any work performed on the Property or any part thereof on behalf of Purchaser and materials provided in connection with 3 WA 7672044.1 such work, where such work was performed or contracted for or such materials were provided or contracted for on or before the Closing Date, and in the event of the filing of any such lien, Purchaser shall promptly and with due diligence (and in all events prior to the earlier of 30 days after the notice of filing of the same or 10 days prior to the commencement of any foreclosure or other enforcement proceeding with respect thereto) secure the release of the same; provided, further, that Purchaser will obtain any lien waivers as may be requested by Seller and/or Title Company prior to Closing; and (e) Office of Foreign Assets Control (OFAC) Issues. (1) Purchaser represents and warrants that (A) Purchaser and each person or entity owning an interest in Purchaser (i) is not currently identified on the list of specially designated nationals and blocked persons subject to financial sanctions that is maintained by the U.S. Treasury Department, Office of Foreign Assets Control and any other similar list maintained by the Office of Foreign Assets Control (the "Lists"), and (ii) is not a person or entity with whom a citizen of the United States is prohibited to engage in transactions by any trade embargo, economic sanction, or other prohibition of United States law, regulation, or Executive Order of the President of the United States, (B) none of the funds or other assets of Purchaser constitute property of, or are beneficially owned, directly or indirectly, by any Purchaser Embargoed Person (as hereinafter defined), (C) no Purchaser Embargoed Person has any interest of any nature whatsoever in Purchaser (whether directly or indirectly), (D) Purchaser has implemented procedures, and will consistently apply those procedures, to ensure the foregoing representations and warranties remain true and correct at all times. The term "Purchaser Embargoed Person" means any person, entity or government subject to trade restrictions under U.S. law, including but not limited to, the International Emergency Economic Powers Act, 50 U.S.C. §1701 et seq., the Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder, with the result that the investment by Purchaser is prohibited by law or Purchaser is in violation of law. (2) Purchaser also shall require, and shall take reasonable measures to ensure compliance with the requirement, that no person who owns any other direct interest in Purchaser is or shall be listed on any of the Lists or is or shall be a Purchaser Embargoed Person. This Section shall not apply to any person to the extent that such person's interest in the Purchaser is through a U.S. Publicly Traded Entity. 3.4 Seller's Covenants, Representations and Warranties. (a) Consents. Seller has obtained all consents and permissions related to the transactions contemplated by this Agreement and all agreements, instruments and documents herein provided to be executed or caused to be executed by Seller ("Other Agreements") which are required under any covenant, agreement, encumbrance, law or regulation to which Seller, any assets of Seller or the Property (or any part thereof) are subject; (b) Status of Seller. Except with respect to the Indemnification Agreement described in Section 4.2(e) below which must be approved by the Board of Alderman of the City of Riverside, Missouri prior to Closing, this Agreement and the Other Agreements are duly authorized, executed and delivered by and binding upon Seller; that Seller has the capacity and 4 WA 7672044.1 authority to enter into this Agreement and the Other Agreements to be executed by Seller and to consummate the transactions herein and therein contemplated, and nothing prohibits or restricts the right or ability of Seller to close the transactions contemplated herein and in the Other Agreements and to carry out the terms hereof and thereof, and that neither this Agreement nor any of the Other Agreements, nor anything provided in or contemplated by this Agreement or any of the Other Agreements, does now or shall hereafter breach, invalidate, cancel, make inoperative or interfere with, or result in the acceleration of maturity of, any mortgage, contract, agreement, lease, easement, right or interest affecting or relating to Seller, any assets of Seller or the Property; and (c) "AS IS" Sale. Purchaser acknowledges that the Property was vacant prior to Purchaser commencing construction and that Seller does not regularly operate, manage, or maintain the Property. Purchaser further acknowledges and agrees that Seller is conveying the Property in its "AS IS, WHERE IS" condition, with all defects, conditions and liabilities which are known or unknown to Purchaser at the time of Closing. Seller makes no express or implied representations or warranties of any kind, including, without limitation, no representations or warranties as to the condition, merchantability, or fitness for a particular purpose of the Property. Purchaser does hereby expressly acknowledge that no such representations or warranties have been made. Seller and Purchaser have expressly bargained for this "AS IS, WHERE IS," with all faults transaction, and Seller and Purchaser agree that the Purchase Price reflects Purchaser's consent to assume all responsibility for all conditions associated with the Property, including but not limited to structural and environmental conditions. Purchaser acknowledges that in purchasing the Property, Purchaser shall rely solely upon the personal inspections, investigations and tests made of the Property by Purchaser, its employees, agents, consultants and/or contractors. ARTICLE IV. CLOSING 4.1 Closing Date and Time. Provided that all of the conditions of this Agreement shall have been satisfied, the closing (the "Closing") of the purchase and sale of the Property shall be conducted at such time and location as shall be mutually agreeable to Seller and Purchaser; provided, however, that the Closing shall occur on or before January 15, 2016. The date on which the Closing actually occurs is referred to herein as the "Closing Date." 4.2 Seller's Closing Matters. On or before the Closing Date, Seller shall deliver or cause to be delivered to the Title Company the following, each signed and notarized by Seller as and where appropriate: (a) An amendment in substantially the form attached hereto and incorporated herein as Exhibit E (the "Chapter 100 Master Amendment") amending the Chapter 100 documents entered into by and between Seller and Purchaser in connection with Lot 1 ("Original Chapter 100 Agreements") such that the Combined Tract (opposed to only Lot 1) shall be deeded to Purchaser upon close-out of such Original Chapter 100 Agreements, subject to the Permitted Exceptions and any other exceptions contemplated in the Original Chapter 100 Agreements (as amended by the Chapter 100 Master Amendment), in addition to such other amendments to the Original Chapter 100 Agreements as are contained therein; 5 WA 7672044.1 (b) Such agreements, certificates and other documentation, all in form and substance as may be required by the Riverside-Quindaro Bend Levee District of Platte County, Missouri, the Platte County, Missouri Tax Assessor, and any other applicable governmental authority, and reasonably acceptable to Seller and Purchaser, as are necessary to allocate all levee assessments for Lot I and Lot 2 (Lot 1 having a Parcel ID of 23-3.0-06-000-000-113.000 and Lot 2 having a Parcel ID of 23-3.0-06-000-000-088.000) to the Combined Tract (such items, collectively, the "Levee Assessment Allocation Agreements") (for the avoidance of doubt, no levee assessments shall be assessed against the Detention Tract following Closing, as such tract is contemplated to be used for stormwater detention purposes and not for future improvements); (c) An amendment to the existing Deed of Trust(Fee); (d) An amendment to the existing Deed of Trust (Leasehold); (e) An agreement for Purchaser to indemnify Seller and Seller's elected officials, officers, representatives, employees and agents from and against any and all claims related to Purchaser's work on, and access to, the Property prior to Closing (the "Indemnification Agreement"); (f) Such escrow instructions to the Title Company as Seller shall desire, which shall not be inconsistent with the provisions of this Agreement (the "Seller's Instructions"); (g) A signed settlement statement prepared by the Title Company and approved by the parties; and (h) Such other documents as may be reasonably required by Title Company. 4.3 Purchaser's Closing Matters. On or before the Closing Date, Purchaser shall deliver or cause to be delivered to the Title Company the following, each signed and notarized by Purchaser as and where appropriate: (a) By federal wire transfer of funds to the Title Company's escrow account, an amount equal to the balance of the Purchase Price due at Closing, adjusted as provided herein, plus the aggregate amount of closing costs for which Purchaser is responsible as provided herein, all as shown on Purchaser's closing statement; (b) Such evidence of authority to close the purchase of the Property pursuant to this Agreement as Seller reasonably requests; (c) The Levee Assessment Allocation Agreements; (d) The Chapter 100 Master Amendment; (e) An amendment to the existing Deed of Trust (Fee); (f) An amendment to the existing Deed of Trust(Leasehold); 6 WA 7672044.1 (g) The Indemnification Agreement; (h) Such escrow instructions to the Title Company as Purchaser shall desire, which shall not be inconsistent with the provisions of this Agreement (the "Purchaser's Instructions"); (i) Any lien waivers and indemnifications as may be requested by Seller and/or Title Company for work performed by Purchaser prior to Closing; 0) A signed settlement statement prepared by the Title Company and approved by the parties; and (k) Such other documents as may be reasonably required by Title Company. 4.4 Closing Effected. The parties shall obtain the advice of the Title Company as to whether it is in a position to cause the Replat, Chapter 100 Master Amendment, and, as appropriate, the Levee Assessment Allocation Agreements to be immediately recorded in such order in the real estate records of Platte County, Missouri. If the Title Company shall advise affirmatively on the foregoing matter, then the parties shall instruct the Title Company to proceed to close the escrow in accordance with the provisions of this Agreement, the settlement statements, Seller's Instructions, and Purchaser's Instructions. 4.5 Possession. Exclusive possession of the Property (subject to the Permitted Exceptions and the terms and conditions of the Original Chapter 100 Agreements, as amended by the Chapter 100 Master Amendment) shall be delivered to Purchaser on the Closing Date. 4.6 Closing Costs. At Closing, Seller shall pay: (1) the cost of the Title Commitment; (2) one-half(1/2) of the Title Company's fee, if any, for acting as escrow agent in connection with this transaction ("Escrow Fee"); (3) the cost of the base title insurance policy issued pursuant to the commitment; and (4) the cost of all other certificates, instruments, documents and opinions which Seller is required to deliver or cause to be delivered. At Closing, Purchaser shall pay: (1) all recording costs for the Replat, Chapter 100 Master Amendment, Levee Assessment Allocation Agreements, and other documents to be recorded; (2) one-half (1/2) of the Escrow Fee, if any; (3) the cost of any title insurance policy endorsements; and (4) the cost of all other certificates, instruments, documents and opinions which Purchaser is required to deliver or cause to be delivered. Each party shall be responsible for the payment of its own attorneys' fees incurred in connection with this Agreement and all other expenses which such party incurs. 4.7 Prorations. (a) Taxes and Assessments (hereinafter defined) shall be paid to the collecting authorities (i) by Seller if due and payable on or before the Closing Date, and (ii) by Purchaser if due and payable after the Closing Date (as provided in the Original Chapter 100 Agreements, as amended by the Chapter 100 Master Amendment); provided, however that the Taxes and Assessments for 2015 in which the Closing Date occurs (the "Tax Proration Period") shall be prorated between Purchaser and Seller on and as of the earlier to occur of(A) the date on which Purchaser receives a building permit for the expansion of its current facility, or (B) the Closing 7 WA 7672044.1 Date. Purchaser's pro rata share shall be a fraction, the numerator of which is the number of days in the Tax Proration Period following the proration date and the denominator of which is the total number of days in the Tax Proration Period. Such proration shall be effected as follows: (i) if as of the Closing Date the Taxes and Assessments for the Tax Proration Period are not yet due and payable, Purchaser shall receive a credit against the Purchase Price in an amount equal to Seller's prorata share thereof, Seller shall deliver the original bills therefor to Purchaser promptly upon Seller's receipt, and Purchaser shall be responsible for payment to the collecting authorities of the full amount of the Taxes and Assessments for the Tax Proration Period, on or before the date when interest and/or penalties would commence to accrue thereon, and shall furnish Seller evidence of the payment thereof; and (ii) if as of the Closing Date the Taxes and Assessments for the Tax Proration Period have been paid to the collecting authorities by Seller, Purchaser shall pay its prorata share thereof to Seller in cash on the Closing Date. Notwithstanding the foregoing, Purchaser will pay the entirety of any owing and/or outstanding levee assessments levied by the Riverside-Quindaro Bend Levee District of Platte County, Missouri. (b) Definitions. As used herein, "Taxes" shall mean all general state, county and city real estate taxes and personal property taxes levied or assessed against the Property and "Assessments" shall mean all of the following (or, if payable in installments, then installments thereof) levied or assessed against the Property: special assessments, assessments for public improvements, traffic generation assessments, special taxes, and any other tax, assessment, charge or levy of a general nature against real estate which is not included in "Taxes" as defined above, specifically including, without limitation, levee assessments levied by the Riverside- Quindaro Bend Levee District of Platte County, Missouri. (c) No Adjustment. If the actual amount of the Taxes and Assessments for the Tax Proration Period is not ascertainable on the Closing Date, the parties shall reasonably estimate such Taxes and Assessments based upon the most recent Taxes and Assessments and such estimate shall be final and binding between the parties for the purpose of such proration without further adjustment. ARTICLE V. REMEDIES 5.1 INTENTIONALLY OMITTED. 5.2 Purchaser Default. If Purchaser defaults in the performance of its material obligations under this Agreement, and such default remains uncured ten (10) days after notice thereof from Seller to Purchaser, Seller may elect to terminate this Agreement, in which event Purchaser must reimburse Seller for all costs and expenses undertaken with respect to this transaction and release to Seller any interest Purchaser may have to any improvements undertaken on the Property prior to the Closing Date. ARTICLE VI. MISCELLANEOUS 6.1 Integration. This Agreement constitutes the entire and final expression of the 8 WA 7672044.1 agreement of the parties hereto and supersedes all prior agreements and understandings of the parties, either oral or written. There are no other agreements, oral or written, between the parties regarding the Property. 6.2 Modification. This Agreement can be amended only by written agreement signed by the parties hereto and by reference made a part hereof. 6.3 Recording. Neither this Agreement nor any short form or memorandum hereof shall be recorded without the consent of Purchaser and Seller. 6.4 Binding Effect. This Agreement shall be binding upon and inure to the benefit of Seller and Purchaser, and their respective heirs, personal representatives, successors and assigns. 6.5 Notices. Any and all notices permitted or required to be given under this Agreement shall be in writing and shall be given by either personal delivery which shall be effective upon delivery, by telecopy, facsimile, or other form of telecommunication which shall be effective upon confirmed transmittal, by express mail delivery that guarantees next day delivery (which shall be effective the day after delivery to such express mail company), or by U.S. registered or certified mail which shall be effective two (2) days after mailing, at the following addresses: If to Seller: If to Purchaser: City of Riverside, Missouri Premium Waters, Inc. 2950 N.W. Vivion Road 4301 NW Mattox Road Riverside, Missouri 64150 Riverside, Missouri 64150 Attention: Mr. Mike Duffy Attention: Mr. Bernard A. Zarda Fax: (816) 746-8349 Ms. Kathy Bradford Fax: (913 ) 441-8826 Premium Waters, Inc. 2100 Summer Street Northeast#200 Minneapolis, MN 55413 Attention: Mr. Greg Nemec Fax: (612) 623-0363 9 WA 7672044.1 With a copy to: With a copy to: Spencer Fane LLP Rawlings, Ellwanger, Jacobs, Mohrbauser& 304 East High Street Nelson, LLP Jefferson City, Missouri 65101 5224 1h Street, Suite 300 Attn: Joe Bednar, Esq. Sioux City, IA 51101 Fax: (573) 634-8140 Attention: Mr. Jeffrey R. Mohrhauser Fax: (712) 277-3304 Shook, Hardy & Bacon 2555 Grand Blvd. Kansas City, MO 64108 Attention: Ms. Sandy Hawley Fax: (816) 421-5547 The parties hereto shall have the right from time to time to change their respective addresses, and each shall have the right to specify as its address any other address within the United States of America, by not less than ten (10) days' prior written notice to the other party. 6.6 Brokerage Commissions. Each party represents and warrants that no real estate brokerage commission fee is payable to any person or entity in connection with the transaction contemplated hereby. Each party shall indemnify, defend and hold the other party harmless from and against the payment of any commission or fee to any person or entity claiming, or alleging to claim, by, through or under the indemnifying party. 6.7 Time. Time is of the essence in all things pertaining to the performance of this Agreement. 6.8 Survival of Obligations. To the extent necessary to carry out the terms and provisions hereof, the terms, conditions, warranties, covenants, representations, obligations and rights set forth herein shall not be deemed terminated at the time of the Closing, nor shall they merge into the various documents executed and delivered at the time of the Closing, but shall survive Closing. 6.9 APPLICABLE LAW; VENUE; WAIVER OF JURY TRIAL. THE LAWS OF THE STATE OF MISSOURI SHALL GOVERN THE CONSTRUCTION, ENFORCEMENT, INTERPRETATION AND VALIDITY OF THIS AGREEMENT. THE OBLIGATIONS OF THE PARTIES ARE PERFORMABLE, AND VENUE FOR ANY LEGAL ACTION ARISING OUT OF THIS AGREEMENT SHALL LIE, IN PLATTE COUNTY, MISSOURI. SELLER AND PURCHASER EACH HEREBY WAIVE THE RIGHT TO A TRIAL BY JURY IN ANY PROCEEDING ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT. 6.10 Headings. The headings that have been used throughout this Agreement have been inserted for convenience of reference only and do not constitute matters to be construed in interpreting this Agreement. 10 WA 7672044.1 6.11 Terminology. Words of any gender used in this Agreement shall be held and construed to include any other gender and words in the singular number shall be held to include the plural, and vice versa, unless the context requires otherwise. The words "herein," "hereof," "hereunder" and other similar compounds of the word "here" when used in this Agreement shall refer to the entire Agreement and not to any particular provision or section. The words "include" and "including" shall be deemed to be followed by the phrase "without limitation" unless otherwise qualified. 6.12 Construction of Agreement. This Agreement shall not be construed more strictly against one party than against the other merely by virtue of the fact that it may have been prepared by legal counsel for one of the parties, it being recognized that both Seller and Purchaser have contributed substantially and materially to the preparation of this Agreement. 6.13 Severability. If any one or more of the provisions of this Agreement, or the applicability of any such provision to a specific situation, shall be held invalid or unenforceable, such provision shall be modified to the minimum extent necessary to make it or its application valid and enforceable, and the validity and enforceability of all other provisions of this Agreement and all other applications of any such provision shall not be affected thereby. 6.14 Counterpart Execution. This Agreement may be executed in several counterparts, each of which shall be fully executed as an original and all of which together shall constitute one and the same instrument. 6.15 Further Acts. In addition to the acts recited in this Agreement to be performed by Seller and Purchaser, Seller and Purchaser agree to perform or cause to be performed at the Closing or after the Closing any and all such further acts as may be reasonably necessary to consummate the transactions contemplated hereby. 6.16 Litigation. In the event of litigation between the parties with respect to the Property, this Agreement, the performance of the obligations hereunder or the effect of a termination under this Agreement, the losing party shall pay all reasonable attorneys' fees and expenses and court costs incurred by the prevailing party in connection with such litigation. 6.17 Benefit. This Agreement is for the benefit only of the parties hereto or their respective heirs, personal representatives, successors and assigns, and no other person or entity shall be entitled to rely hereon, receive any benefit herefrom or enforce against any party hereto any provision hereof. 6.18 Assignment. Neither Purchaser nor Seller may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other party. No consent given to any transfer or assignment of rights or obligations hereunder shall be construed as consent to any other transfer or assignment of rights or obligations hereunder. No transfer or assignment in violation of the provisions hereof shall be valid or enforceable. Subject to the foregoing, this Agreement shall inure to the benefit of and be binding upon the successors and assigns of the parties. 6.19 Form of Instruments. Except as otherwise provided herein, all instruments to be furnished hereunder shall be prepared in such form as is reasonably acceptable to the party I I WA 7672044.1 receiving such instrument. 6.20 Tenders of Performance. All tenders of performance shall be made at the Closing and at or before the time specified for the Closing. 6.21 Legal Holidays and Business Days. If any date herein set forth for the performance of any obligations by Seller or Purchaser or for the delivery of any instrument or notice as herein provided should be on a Saturday, Sunday or legal holiday, the compliance with such obligations or delivery shall be deemed acceptable on the next business day following such Saturday, Sunday or legal holiday. As used herein, the term "legal holiday" means any federal holiday for which financial institutions or post offices in Riverside, Missouri are generally closed for observance thereof. As used herein, the term "business day" shall mean a day which is not a Saturday, Sunday or legal holiday. 6.22 Nonwaiver. Except as otherwise specifically provided for hereunder, no party shall be deemed to have waived any of its rights hereunder unless such waiver is in writing and signed by the party waiving such right. Except as otherwise specifically provided for hereunder, no delay or omission by any party in exercising any right shall operate as a waiver of such right or of any other right. A waiver on any one occasion shall not be construed as a bar to, or waiver of, any right or remedy on any future occasion. [Remainder of Page Intentionally Left Blank—Signature Page to Follow] 12 WA 7672044.1 IN WITNESS WHEREOF, the parties have executed this Real Estate Sale Contract as of the date first above written. SELLER: THE CI'T-YY OFA�RI�V�E�R)SIDE, MISSOURI Name: athleen L. Rose Title: Mayor PURCHASER: PREMIUM WATERS, INC., a Minnesota corporation By: Name: Bernard A. Zarda Title: Senior Vice President 13 WA 7672044.1 IN WITNESS WHEREOF, the parties have executed this Real Estate Sale Contract as of the date first above written. SELLER: THE CITY OF RIVERSIDE, MISSOURI By: Narne: Kathleen L. Rose Title: Mayor PURCHASER: PREMIUM WATERS, INC., a Minnesota ��on By: Nam6aerwV" d A. Zarda Title: ice President 13 WA 7672044.1 EXHIBIT A LEGAL DESCRIPTION Lot 2, ARGO INNOVATION PARK, a subdivision in the City of Riverside, Platte County, Missouri LESS AND EXCEPT: All that portion of said Lot 2 described as follows: Commencing at the northeast corner of said Lot 2; thence coincident with the east line of said Lot 2, South 00°28'55 West, 343.78 feet to the Point of Beginning; thence continuing along said east line, South 00°28'55 West, 65.75 feet; thence continuing along said east line, North 65°23'28" West, 376.26 feet; thence continuing along said east line, South 00028'58" West, 410.77 feet to the southeast corner thereof; thence coincident with the south line of said Lot 2, North 65022'38" West, 358.38 feet to the southwest corner thereof; thence coincident with the west line of said Lot 2, North 00016114" East, 361.46 feet; thence departing said west line, South 89°43'35" East, 255.95 feet; thence South 65023'28" East, 455.62 feet to the Point of Beginning, containing 164,007 square feet, or 3.765 acres, more or less. 14 WA 7672044.1 EXHIBIT B DEPICTION OF PROPERTY 15 WA 7672044.1 EXHIBIT C DEVELOPMENT REGULATIONS See Ordinance No. 1227 attached hereto. 16 WA 7672044.1 EXHIBIT D DEVELOPMENT AND LANDSCAPING PLANS See Ordinance No. 1380 attached hereto. 17 WA 7672044.1 EXHIBIT E CHAPTER 100 MASTER AMENDMENT 18 WA 7672044.1 SARAH ESTLUND, PARALEGAL File No. 5016401-58 DiRecT Dia�:816.292.8219 sestl u nd@spen cerfa ne.com March 18, 2016 VIA FIRST CLASS MAIL Robin Kincaid City of Riverside City Hall 2950 N.W. Vivion Road Riverside MO 64150 Re: City of Riverside, Missouri-Premium Waters, Inc. Dear Robin Kincaid Enclosed for your records is an electronic copy of the closing binder for the above-referenced matter. Please let me know if you have any questions. Cordially, Sarah Estlund, Paralegal SE/MS Cc: Kathleen Rose R]EAI,�+STATE SAI.E+ CON'I'$ZACT THIS REAL ESTATE SAI.E CONTRACT (this "Agreement") is nnade and entered into effective as af 3anuary �, 2016 (the "Effective I�ate") by and between T�IE CI'�"�.' OF ItIVERSIDE, IVIISSOiTRi ("Seller"), and PRENIIU� �Vt�TEIBS, I1�1C., a 1V�innesota corporation ("Purchaser"). WHEREAS, Seller oc�vns the real property legally described in E�ibit A and generally depzcted on Exhibi#B, each attaehe�hereto and incorporated herein (together with all af Seller's rights, privileges, and appurtenances associated therevaith in Se�ler's position as a landowner but not in Seller's posztion as a rnunicipal body, the"Property"); and WHEREAS, �elier desiares to sell to Purchaser and Purchaser desires to purchase from Seller the said Property on the terms and conditions hereinafter set forth. NOW, THEREFORE, in consideration of the forego�ng arecztals and their mutual promises and agreements Y�ezeinafter contained and for other good and valuable considezation, the receipt and sufficiency of which are hereby acknowledged, Seller and Purchaser he�eby agree as foilows: Alt�'�CI.E I. SALE AND PIURCI�ASE 1.1 Purchase Price. Seller agrees to sell to Purchaser, and Purchaser agrees to purchase from Seller, the Property. The Purchase Price (the "Purchase Price") for the Property shall be Two Hundred Seventy Thousand and 40/100 Doliars ($270,Q00.0[}). Purchaser agrees to pay the Pure�ase Price an or befare Closing (defined belaw} by and through Assured Quality Title Company, Kansas City, Niissouri (the "Title Compazay") by certified or cashier's check or by federal wire transfer of funds as part of the consideration of the sale, adjusted at Ciosing fflr prorations and closing costs as described herein or as are mutually agreed between the parties. A17TI�I.E II. T�T�..�ANI�REPLAT DOCZJN�NTS 2.1 'I'itle C�z���nreen�. Seller has, at Seller's sole cast and expense, delivered to Purchaser a leasehold title commitment in current ALTA form and otherwise consistent in form in a11 material respects with the �easek�old Tatle coz�natzxaent previausiy issued for the parce� now known anc€ described as Lot 1, ARGO 1NNOVATTON PARK, a subdivision af the city of Riverside, Platte County, Missouri (the "Title Commitmenfi") issued by Title Company showing the current state of title to the Property, together with readily legible copies of a11 doeuments and plats, if any, which are referred to in the Title Cammitment. 2.2 Rep$at. Purchaser has, at Purchaser's sole cost and expense, caused to be . � i prepared and furnished to Purchaser, Seller, and the Title Company, a replat {the "Replat") of Lots 1 and 2 ("I.ot 1" and"Lot 2", z-espectively) of ARGO INNOVATION PARK, a subdivisian in the City of Riverside, Platte County, Missouri, in accordance vvith the standards and conditions set forth by the Czty of Riverside, Missouri and Platte County, Missouri, which includes, without limita�ion, a reasonable access easement upon, over, and across the Property for the benefit of Seller sufficaent for Seller ta access that portion of Lot 2 whieh is not part of the Property with the exact locatio�, terms and conditions thereof to be agreed upon by the parties (the "Detention Tract"), whieh Replat combines Lot 1 and the 1'roperty into a single tract (the "Cambined Tract") and Ieaves the Detention Tract as a separate tract. The Replat was approved by the Board af Alderman of the Czty of Riverside, Missouri on March 3, 2015, pursuant to Ordinance Na. 1389 and will be recorded at Closing. Nothing contained in this Agreement sha11 obligate the 5eller, in its capacity as a rnunicipal body, to grant, approve or issue tlie Replat other than pursua.nt to generally ap�licable laws, rules or regulations without regard to the existence of this Agreenaent, and nothing in tliis Agreement shall be construed as a waiver of the palice pawer of Seller in its capacity as a mu�icipal body. 2.3 Review af Title. Prior to the execution of this Agreement,Purchaser has reviewed the Title Commitment and will work with the Title Campany to remave such standard exceptions and obtain such endozsements as requested by Purchaser. Seller will cooperate with Purchaser in good faith, but will not be expected to incur any expenses relating thereto_ Except to the extent that Seller cures, or agrees in writing to cure, such Objections prior to or at Closing, Seller shall be deemed to ha�e elected not to cuze such matters. In the event Purchaser is unable to remedy or cause the removal of any title abjection, then such title objections will be deemed waived by Purchaser. Any title encumbrances or exceptions which az�e set forth in the Title Commitment and to which Title Company has not remoeed on or prior to the Closing shall be deemed to be pernutted exceptians to the status af Sellear's title to the Property (together with zoning ordinances, real estate t�es and assessments not yet due and payable, and boundary matters that would be disclosed on a current az�d accurate survey of the Property, the "Permitted Exceptions"). AR�"ICLE III. C�NDIT�O�TS PRECIEDEI�T TQ CI.OSING 3.1 P�xrchaser's Conditions Precede�t. Pucchaser's abligataon to consummate the transaction contemplated herein is condition�d upon satisfaction of each of the following conditions at ar prior ta the Closing, any one or more of which conditions precedent rnay be waived by Purchaser in Purchaser's sole cliscretion: (a) Representations and Warranties. None of the representations and warranties of Seller set forth in Sectzon 3.4 of this Agreement shall be untrue or inaccurate; and {b) Seller's O�lig�tiae�.s. Seller shall have performed or campiied with all af Seller's covena�n�s, agreernents and obligations undez this Agreement. 3.2 Se11ea�'s Conditions Precedent. Seiler's obligation to consummate the transaction cantemplated herein zs condationed upon satisfaction of each of the following conditions at or prior ta the Closing, any one or more of which conditions precedent may be waived by Seller in 2 w.a�6�aaa4.i Seller's sole discretion: (a) Representations and Warranties. None of the representations and warranties of Purchaser set farth in Section 3.3 of thrs Agreement shali be untrue or inaccurate; (b) �archaser's Obligations. Purchaser shall have performed or complied witl�a11 of Purchaser's covenants, agreements and obligafions under this Agreement; and (c) No Bankriaptcy Proceeding. There shall not ha�e been instituted by or against Purchaser any bankruptcy proceeding. 3.3 Purch�e�r's C�venants, Representations aud W��r�ranties. (a) Purchaser's Autharity. This Agreement has been duly authoxized by requisite action and is enforceable against Purchaser in accardance with its terms; neither the execution az�d delivery of [his Agreement nar the consummation af the transactions contemplated herein will constitute a violation ar breach by Purchaser of any provision of any agreement or other instrument to which 1'tirchaser is a party ar to whic� Purchaser may be subject althaugh not a party, or will result in or constitute a violation or breach of any judgment, order, writ,junction or decree issued against or binding upon Purchaser; (b) l�o Pending Proceed�ngs. Purchaser has no actual knowledge that there is any action, suit, proceeding or claim affecting Purchaser or relating to the authority of Purchaser to purchase the Property; (c) Development Cov�namt. Subject to�he consurnmation o�the transactions contemplated herein and subject to delays caused by force majeure, Purchaser hereby covenants and agrees {the "Construction Covenant") to complete construction on the Property of an e�pansion af its current facility on or before May 31, 201.8 (the "Building Construction Deadline"), such expansion having n.ot less than one hundred thousand (1Q4,000) sc�uare feet of gross floor area, in adherence to: (i) the standards and regulations approved and adopted by Ordinance No. 1227, passed azad approved by the Board of Aldermen of the City of�Riverside, Missouri on 7uly 2, 2013 and attached hereto and incorporated herein as �xhibit C; and (ii) the development and landscaping plans approved and adopted by Ordinanee No. 1380, passed and approved by the Baard of Aldermen af the City of River�ide, Missouri on February 3, 2015 and attaek�ed hereto and incorparated herein as E�ib�t D. In the event that the Purchaser fails to satisfy the Construction Covenant on oz before the Building Construc�ion Deadline, then Purchaser shall pay to Seller, as a payment in �ieu of ta�es concerning the Property and any improvements thereon, the sum o� One Hundred Five Thousand and 00/100 Dallars {$1Q5,000.00). In the event that the Purchaser fails to satisfy the Construction Covenant on or before May 31, 2019, then 1'�.irchaser shall pay to Seller, as a pay�nent in lieu of taxes concerning the Property and any improvements thereon, an aciditional sum of One Hundred Five Thousand anc�00/100 Dolla�rs ($1QS,00a.ao�; (d) Lienso Purehaser has arzd will keep the Property free a�d clear of ail liens, claims and demands,including mechanic's liens, in connection with any work perfarmed on the Property or any part thereof on behalf af Puzchaser and materials provided in connection with such work, where such work was performed or eontracted far ar such materials were provided 3 wA�s�2on�.i or contracted for on or before the CJosing Date, and in the event of the fling of any such lien, Purchaser shall promptly and with due diligence (and in all events prior to the earlier of 30 days after the notice of filing of the sazne ar 10 days prior to the commencement of any foreclosure ar other enforcement proceeding with respect �hereto) secure the release of the same; provided, furthez, that Purck�aser wz�� obtain any lien waivers as may be rea�anably requested by Seller and/or Title Company prior to Closing; and (e) Off'ic�o�Foreign Assets Control(OFAC) Issues. (1) Purchaser represents and warra�ts that (A) Purchaser and eaci� person or entity owning an interest in Purchasez (i) is not currently identified on the list of specially designated nationals and blacked p�rsons subject to fnancial sanctions that is mafntained by the U.S. Treasury Department, Office of Foreign Assets Control and any other siznilaar lis� zzxaz�tained by the Office of Foreign Assets Cantrol (the "i.ists"), and {ii) is not a person or entity vc�ith whom a citizen of the United States xs prohibited to engage in transactions by any trade embarga, ecanomic sanction, or other prohibition of United States law, reguiation, or Executive Order of the Pre�ident af the United States, (B) none o�the funds or other assets of Purchaser constitute property of, or are bene�cially awned, dixectly ox indirectly, by any Purchaser Embargoed Person (as herexnafter def nedj, (C) no Purchaser Embargoed Person has any interest of any nature whatsoever in Purchaser (�rhether directly or indirectly), (D) Purchaser has implemented procedures, and �rill cor►sistently apply those procedures, to ensure the foregoing representations arid warranties re:main true and correct at all tirnes. T�e tez�aa "Purchaser Embargoed Person" means any pezson, entity oar gavernz�ent subject to trade restrictions under U.S. law, inc�udxng but not limited fio, the International Emergency Econornic Powers Act, 50 U.S.C. §1701 et seq., t�e Trading vvith the Enemy Act, 50 U.S.C. App_ 1 et seq., and any Exeeutive Orders ar regulations promulgated thereunder, with the result that the �nvestment by Purchaser is prohibited by Iavv or Purchaser is in violation of law. (2) Purchaser alsa sha11 requzxe, and shall take reasonable measures ta ensure compliance with the requirement, that no person who owns any other direct interest in Purchaser is or shall be listed on any of the Lists or is or shall be a Purchaser Embargoed Perso�. This Section shall not apply to any person to the extent that such persan's interest in the Purchaser is through a U.S. Publicly Traded Entity. 3.4 Seller's Covenants, Representatio� and �ar�anties. (a) Consen�s. Seller has obtained all eonsents and permissio�s related to the transactions contea�x�plated by �hxs Agreement and all agreements, instruments and documents herein pmvided to be exec�ted or caused to be executed by Seller ("Other Agree�nents") which are required under any covenant, agreement, encumbrance, �aw or ;regu�ataon to which Seller, ar�y assets of Seller ar the Property(or any part thereo� are subject; (b) Statas of Se�ler_ This Agreement and the Other Agreements are d�ly autharized, exec�tted and delivered by and binding upon Seller; that Seller has the capacity and authority ta en�er into this Agreement and the Other Agreements to be execnted by Seller and to consumtnate the transactions herein and therein contemplated, and nothing prohibits ar restricts fik�e r�gk�t ox ability of Seller ta ciose the transactions conte�nplated herein and in the Other � wA�fi�zoa�.i Agreements and ta carry out t�e terms hereaf and thereof; and that neither this Agreement nnr any of the Other Agreements, nor anything provided in or contemplated by this Agree�nent or azay o� the Othez Agzeenraents, daes naw or shall hereafter breach, invalidate, cancel, make inoperative or interfere with, or result in the acceleration of maturity of, any mortgage, con�ract, agreement, lease, easement, right or interest affecting or relating to Seller, any assets of Seller or the Property; (c} I.itigatic�n; Conciema�ation. There are no actions, suits or proceedings pending, or to the best knowledge o� Seller, threatened, before or by any judicial bady or any governmental autharity, affec�ing Seller's ability to sell the Property pursuant to this Agreement; and that to the best knowledge of Seller, there is no existing, proposed or contemplated eminent domain or similar proceeding whi.ch would affect the Pro�erty; and {d) "AS IS"Sa1e. Purchaser acknowledges that the Property was vaeant prior to Purchaser commencing construction and that Sellear does nat regularly operate, manage, or maintait� the Property. Purchaser further acknowledges and agrees that Seller is conveying the Property in its "AS IS, WIIERE TS" candition, with all defects, co�ditzo�s and �iabzlities which are known or unknown to Purchaser at the time of Closing. Except for the representations and warraz�ties specifical�y contaaned in this Agreement, Seller makes no express or implied representations or warranties of any kind, including, wi.thaut limitation, no representa�ions or warranties as ta the condition, merchantability, or fitness for a particular purpose of the Property. Purchaser does hereby expressly acknow�edge that no such �repxese�tations or warranties have been made. Seller and Purchaser have e�pressly bargained for this "AS YS, Wk�ERE IS," wzth all faults transaction, and Seller and Purchaser agree that the Purchase Price reflects Purchaser's consent to assume aii responsibility for all conditions associated with the Praperty, including but not Iirnited to structural and environmental conditions. Purchaser acknowledges that in purchasing the Property, Purchaser shall rely solely upon the personal inspections, inves�igations and tests made of the Property by Purchaser, its employees, agents, cons�ltants andJor contractozs. ARTIC�,E IV. CLOSING 4.1 Closirng I�ate and Time. Provided that all of the cor�ditions of this Agreement shail have been satisfied, the closing (the "Closing") of tt�e purchase and sale af the Property shali be conducted at such time and �ocation as shall be mutually agreeable to Seller and Purchaser; �rovided, however, that the Closing shall occur an oz before 7az�uary 15, 2016. Tl�e date o�a which the Closing actually occurs is referred to herein as the "Closing Date." 4.2 Seller's Closi�g 1Vlatte�s. On ox 3�efare the Closing Date, Seller shall deliver or cause to be delivered to the TitIe Company the following, each signed and notarized by Seller as and where appropriate: (a) An amendment in substantialiy the form attached hereto and incorporated herein as Exhibit E (the "Chapter 100 Master Amendment"} amending the Chapter I0� documents entered into by and between Seller anc� P�rchaser in connection with Lot i ("Original Chapter 100 Agreements") such that the Combined Tract (opposed to only Lot 1) 5 wA�6�zoa�.i sha1I be deeded to Purchaser upon close-out of such Original Chapter 100 Agreements, subject to tlie Perrnitted Exceptions and any otiier exceptions cantemplated in the Original Chapter 1(}0 Agreements (as amended by the C�apter 100 Master Amendment), in addition to such other amendments to the Original Chapter 100 Agreements as are contained therein; (b) Such agreements, certificates and other documentatian, ail in f�rm and s�bstance as may be required by the Riverside-Quindaro Bend Lev�e District of Platte County, Missouri, the Platte County, Missouri T� Assessor, and any other ap�licable governmental authority, and reasanably acceptable to Seller and Purehaser, as are necessary to allocate a11 levee assessments for Lot 1 and Lot 2 (Lot 1 having a Parcel ID of 23-3.0-06-000-Q00-1I3.040 and Lot 2 ha�ing a Parcel ID of 23-3.0-06-000-000-088A00) to the Combined Tract (such itezns, collectively, the "Leve� Assessment Allocation Agreements"} (for the avoidarice of doubt, no levee assessments shall be assessed against the Detention Tract following Closing, as such tract is contemplated to be used for storrnwater deten�on purpases and not for future impravements}; (c) An amendment to the existing Deed of Trust(Fee); (d) An amendment to the existing Deed of T�st(Leasehoid); (e) An agreement for Purchaser to indemnify Seller anc�Selle�r's elected officia[s, officers, representatives, employees azld agents from and against any and a11 claims related to Purchaser's verork on, and access ta, the Property priar to Closing (the "Indemnificatian Agreement"); (f} Such escrow instructions to the Title Company as Se11er shall desire, which shall not be rnconsistent with the pravisinns af this Agreement (the "5eller's Ii15tIl1Ct10I15"�; (g) A signed settlement statement prepared by the Title Company and approved by the parties; and (h) Such other docu�ents as may be reasonably required by Title Campany. 43 Purchaser's Closing 1Vlatters. �n or before the Closing Date, Purchaser sha11 deliver or cause t� be delivered to the Titie Company the following, each signed and notarized by Purchas�r as and where appropriate: (a) By federal �ire transfer of fiinds to the Title Corxzpaz�y's escraw account, an amount equal to the baiance of the Purchase Price due at Closing, adjusted as provided hexez�, plus the aggregat� amount of closing cos�s for w�iich Puzchaser is resp�nsibl� as provided herein,a11 as shown an Purchaser's closing statement; (b} Such evidence of autharity to clase the purchase af the Property pursuant to this Agreement as Seller reasonably requests; (c) The Levee Assessment Allocation Agreements; 6 wA�6�zoa4.i (d) The Chapter 100 Master Amendment; (e) An amendment to the existing Deed of Trus�(Fee); (f} An amendment to the existing Deed af Trust(L.easehold}; (g) The Indemnification Agreement; (h) Such escrow instructions to the Title Company as Purchaser sha11 desiz-e, which shall not be inconsis�ent with the provisions of this Agreernent (the "Purchaser's �n streactions"); (i) Any lien waivers and indexnnifications as may be rea�onably requested by Sellez and/or Title Company for work pezformed by Purchaser prior to Closing; (j) A signed settlement statement prepared by the Title Company and approved by the parties; and {k} Such other docum�nts as may be reasonably required by Title Co�xa.pany. 4.4 Closi�g Effec#,�d. The parties shal� obtain the advice of the Title Company as to whether it is in a position ta cause the Replat, Chapter 1Q0 Master Amendment, and, as approp�iate, the Levee Assessment Allacation Agreements to be immediately recorded in such order in the real estate records of Piatte County, Missauri. If the Title Company shall advise affirtnatively on the foregoing matter, then the partie,s shall instruct the Title Company to proceed ta close the escrow in accordance with the provisions of this Agreement, the settl�ment statements, Seller's Instruc�ions, and Purchaser's In.structions_ 4.5 Possession. Exclusive possession of the Property (subject to the Permitted Exceptions and the terms and conditions of the �riginal Chapter 100 Agreements, as amended by the Chapter 100 Master Amendment) shall be delivered to Purchaser on the Closing Date. 4.6 Closing Costs. At Closing, Seller shall pay: (1) the cost of the Titie Commitment; (2} one-half{1/2) of the Title Con€�pany's fee, if any, for acting as escrow agent in conneetion with this transaction ("Escrow Fee"); (3) the cost of the base title insurance policy issued pursuant to the comrnitment; and (4) the cost af all other certificates, instn►zne�nts, dacuments and opinions which Seller is required to deliver or cause to be de�ivered. At Closing, Purchaser shall pa�r: (1) all recording costs for the Replat, Chapter 100 Master A�nendment, Levee Assessment Allocation Agreements, and other docurnents to be xecorded; (2) one-half (l/2) of the Escrow Fee, if any; (3) the cost af any title insurance policy endoxsements; and (4) the cost of alI other certificates, instruments, docuxnents and opinions which Purchaser is required to deliver or cause to be deliver�d. Each party sha11 be responsible for the payment of its own attorr�eys' fees incuzred in connection with this Agreement and all other expenses which such party incurs. � wa���zo4a.i , , 4.7 Prorations. (a} Taxes and Assesszxaents (hereinafter defined) shall be paid to the collecting authorities {i) by Seller if due and payable on or before the Closing I7ate, and (ii) by Purchaser if due and payable after the Closing Date (as provided 'zn the Or�ginal Chapter 100 Agreements, as amended by the Cha�ter 100 Master Amendznent}; provided, hovvevex that the Taxes and Assessments for 2015 in which the Closing Date occurs (the "Tax Proration Periad") shall be prorated between Purchaser and Seller on and as of the earlier to occur of(A) the date on which Purchaser �eceives a building permit for the expansion of its current facility, or {B) the Closing Date. Purchaser's pro rata share shall be a fraction, the numerataz of which is the number of days in the Tax Proration Period following the proration date and the denominatar of which is the total number of days in the Taa� Pz�oration Period. Suc�i praration shall be effected as follows: (z) if as of the Closing Date the Taxes and Assessments for th� Tax Prora�ion Period are not yet due and gayable, Purchaser sha11 receive a credit against the Purchase Frice in an amount equal to Seller's prorata share thereaf, Seller shall deliver the original bills fiherefor to Purchasear promptl�r upon Seller's receipt, and Purchaser sha11 be responsible �or payment to the collecting authorities of the full arnount af the Taxes and Assessments far the Tax Proration Pez�od, on or before the date when interest and/or penalties wouid coznmence to accrue thereon., and sha11 fiu�nish Seller evidence of the payrnent thereof; and (ii) if as of the Closiz�g Date the Taxes at�d Assessments for the Tax Proration Period have been paid ta the collecting authorities by Sellex, Purchaser shall pay its prorata share thezeof to Seller i� cash on the Closing Date. Notwithstanding the foregoing, Purchaser wxil pay the entirety of az�y awing andlor autstanding levee assessments levied by the Riverside-Quindaro Bend Levee District of Platte County, Missouri. (b) Definitions. As used herein, "Taxes" shall mean all general state, county and city real estate taxes and personal property ta�es levied or assessed against the Property and "Assessments" shail mean all of the £ollowing (or, if payable in installments, then installtnents thereofl levied or assessed against the Property: special assessments, assessments �or public improveznents, traffic generation assessments, special ta�ces, and any other t�, assessment, charge or levy of a genexal nature against reai estate which is not zncluded in"T�es" as de�ned abave, sp�cifically including, without limitation, levee assessments ]evied by the Riverside- Quindara Bend Levee District of Platte County,Missouri. (c} No Adjustment. If the aetual amount of the Taaces and Assessrnents for the Tax Proration Period is not ascertainable on the Closing Date, the parties shall reasonably estimate such Taxes and Assessrnents based upon the most recent T�es and Assessments and such estimate shall be final and bindz�g between the parties for the puzpose of such proration witho�rt further adjustment. AR'I'ICLE V. IN�'EN�ONALLY O�T�'ED $ WA 7672044.i ARTYCLE V�. 1VVIi�CELI,AleTEOUS 6.1 Intega�ataon. This Agreemen.t constitutes the entire and final. expressian of the agreement of the parties hereta and supersedes all prior agreements and understandi�gs of the parties, either oral or written. There are no other agreements, oral or written, between #he parties regarding the Property. b.2 Modification. This Agreement can be amer►ded only by written agreeme�t signed by the�arties hereto and by reference made a part hereof. 6.3 Recording. Neither this Agreement nar any short farm or memorandum hereo� sha1I be recorded�ithout the consent of Purchaser and Se�lez. 6.4 �inding Effect. This Agreement shall be binding upon and inure to the bene�t of Se�ler and Purchaser, and their respective heirs,persona.l zepresentatives, successors and assigns. 6.5 Nmtices. Any and all notices permitted or required to be gi�ren under this Agreement shall be in writing and shali be given by eitiler personal delivery which shall be effective upon delivery, by telecopy, facsirnile, or other farm of telecornrnunication which shall be effective upon confirrned transmittal, by express mail delivery that guaarantees nea�t day deli�ery (which sha11 be effective the day after delivery to such express mail cornpany), or bq U.S. registered or certified rnail which shall be effective two (2) days after mailrng, at the following addresses: If to Seller: If to Purchaser: City of Riverside,Missouri Premium Waters, Inc. 295Q N.W. Vivion Road 430I NW Matto�Road Riverside,Missoaari 64150 Ri�verside,Misso�ari 64150 Attention: Mr. Mike Duffy Attention: Mr. Bernard A. Zarda Falc: (816) 746-8349 Ms. Kathy Bracifard Fax: (913 ) 441-8826 Premium Waters, Inc. 210Q Summer Str�et Northeast#200 Minneapolis, MN 55413 Attention: Mr. Greg Nemec Fa�: (612)b23-0363 9 w,��6�zo4a.i With a copy to: With a copy to: Spencer Fane LLP Rawlings,Ellwanger, Jacabs,Mc�hrhauser& 3Q4 East Hzgh Sta-eet Nelson, LLP 7efferson City, Mis�ouri 65101 522 4�Stree�, Suite 3d0 Attn: Joe Bednar, Esq. Sioux City, IA 51101 F�: (573) 634-8140 Attentian: Mr. Jeffrey R. Mohrhauser Fax: {712)277-33(}4 Shook, Hardy&Bacon 2555 Grand Blvd. Ka�nsas City, MO 64108 Attention: Ms. Sandy Hawley Fax: (81b}421-5547 The parties hereto sha�l have the right from time to time to change their respective addresses, and each shall have the right to specify as its address any other address within the United States of Am�rica, by not less than ten (10) days' priar written notice to the other party. 6_6 �irokerage Coanmissions. Each party represents and warrants that no real esta�e brokerage commission fee is payable to any person ar entity ir� connection with the transaction contemplated hereby. Each party shall indemnify, defend and hold the other party harinless from and against the payment of any commission or fee to any person or entity claiming, or alleging to claim,by,through or under the indem�zai.�ying party. 6.7 Time. Time is of the essence in a11 th�zags pertainung to the performance of this Agreean�ent. 6.8 Sur�ivai of Obliga�ions. Ta the extent necessary to carry out the terms and provisions hereof, the terms, conditions, warranties, covenants, representataons, oblxga�ions and rights set forth herein s�all not be deemed tern�inated at the time of the Closing, nor sha11 they merge into the various documents e�ecuted and delivered at the tirne af the Closing, but shall survive Closing. 6.9 APPLICt�BLE LAvi'; VENUE; �1VAIVER OF JLTRY TRIAL. THE LAWS OF THE �TATE OF MISSOURI SHALI. GOVERN THE CONSTRUCT�ON, ENFORCEMENT, ll�TTERPRETATION AND VALIDTi'Y OF THIS AGREEMENT. THE OBLyGATTONS OF TH[E PAR7Cl7ES ARE PERFORIVYABLE, AND VENUE FOR ANY LEGA�. ACTIQN ARIS�NG 4UT OF THIS AGREEMENT SHALL LIE, IN PLATTE COUNTY, MISSOURI. SELLER AND PURCHASER EACH HEREBY WANE THE RIGHT TO A TRIAL BY JURY IN ANY PROCEEDING ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT. 6.10 I�e�di�gs. The headings that have been used throughout this Agreement have been inserted for convenience af reference only and do not constitute matters to be construed in interpreting this Agreement. 10 wA�6�2o�a.i 6.11 Terminology. Wards of any gender used in this Agreement sk�all be held and construed to include any oi�er gender and words in the singu�ar number shall be held to include the plural, and vice versa, unless the con�e�t requires otherwise. The words "herein," "hereof," "hereunder" and other sxmilar campounds of the word "here" when used in this Agreernent shall refer to the entire Agreement and not ta any particular provision or section. The words "include" and "including" shall be deemed to be followed by the phrase "vsrithout limitation" �anless otherwise qualifed. b.12 Construction of Agreememt. This Agreement shall not be construed more strictly against one party tban againsti the other merely by viztue of the fact that it may have been prepared by legal counsel for one of the parties, it being recognized that bath Seller and Purchaser have con�zibuted substantially and material�y to tl�e prepara�ion of this Agreement. 5.13 Se�er�bility. � any one or rnare of t�ie pravisions of this Agreement, or the applicability o�any such provision to a s�ecific situation, shall be held invalid or unenforceable, such provision shall be madified to the minimum extent necessary ta mal�e it or its application valid and enfarceable, and the validity arid enforceability of all other provisions of tl�is Agreement and all ather applications of any such pravision shall not be affected thereby. 6.14 Caunterpart Execution. This Agreement may be executed in several caunterparts, each of which shall be fully executed as an original and all of whzch together shall constitute one and the saXxa�e instrument. 6.15 Further Acts. In additian to the acts recited in this Agreement to be performed by Seller and P�rchaser, Se11er and Purchaser agree to perform or cause to be performed at the Closing or after the Closing any and all such further acts as may be reasonably necessary ta consummate the transactaons contemplated hereby. b.16 Litigatio�. Tn the event of litigatian between the parties with respect to the Property, this Ag�-eement, the performance of the obligations hereunder or the effect of a termination under this Agreement, the loszng party shail pay all reasonable attorneys' fees and expenses and court costs incurred by the prevai�ing party in connection with such litigation. 6.17 Senefit. This Agreement is for the benefit only of the parCies hereto or their respective heirs, persona� representatives, successors and assigns, and no other person or entity shall be entitled ta rely hereon, receive any bene£'zt herefrom or enforce against any party hereto a.ny provision hereof. 6.18 Assignment. Neither Purchaser noz Seller may assign or transfer its rights or obligatians under this Agreement vvithout the prior written consent of the other party. No consent given to any transfer or assignment of�ghts �r obligations hereunder shall be construed as consent to any other transfer ar assxgnment of rights or abligatians hereunder. Na transfer or assignznent in violation of the provisions hexeof shall be valid or enforceal�le. Subject to �h.e foregoing, this Agreement sha11 inure to the bene�t of and be binding upon the successors and assigns af the parties. 6.19 Form of�nsti-ciments. Except as otherwise provided herein, all instruments to be furnished hezeunder shall be prepared in such form as is reasanably accepta�le to the party �� ww�6�2oa4.� receiving such instn�rnent. 6.2D Tenrlers �f Perfor�mar�Ce_ All tenders of performanc� shall be rnade at the Closing and at or before the time specified for the Closing. 6.21 Legal I�olidays and �usA�ess D�ys. Yf any date herein set forth for the performance of any obligations by Sel�er or Purchasez az �oz the de�ivery of a�y instxuz�ent oar natice as hezein provided should be on a Saturday, Sunday or l�ga1 holida�, the cornpliance �ith s�ch abligations or delivery shall be deerz�ed acceptable an the next business day fallawing such Saturday, Sunday or legal holiday. As used herein, the term "legal holiday" means any federai holiday for which financial institutions or post affices in Riversid�, lVdissouri are generally closed for observance thereaf. As used herein, the term "business day" shall mean a day which is not a Saturday, Sunday or Iegal holiday. b.22 1�T�nwaiver. Except as otherwise specifically provided for hereunder, no party sha11 b� deemed ta have waived any of its rights hereunder unless such wai�er is in writing and signed by the party waiving such right. Except as othez-rvise specifically pravided fo.r hez-eunder, no delay or omission by any party in exercising any right sha11 operate as a waieer of such right or af any other right. A waiver on any one occasion shall not be construed as a bar to, or waiver of, any right or rernedy on any future occasion. {Remainder of Page Intentionally Left Blank—Signature Page to FollowJ 12 w.a�6�zoaa.i IN WITNESS WHEREOF, the parties have executed this Real Estate Sale Contract as of the dafie first above written. SELLE�t: '�HE CITY OF IiIVERSIDE, N�ISSOLT� B�: • Name: Kathleen L. Rase Txtle: Mayor PLTRCHASEIt: PItENiIi�11�W�"I'ERS, INC., a Minnesota cozporataon By: Name: Bernard A. Zarda Title: Senior Vice President 13 w.a���zaa�.i IN WITNESS WHEREOF, t�e parties have executed th�s Real Estate Sale Contract as of the date first above wFitten. SELLER: THE C�TY OF�2iVE�2S��E, MC�SSO�TTRI By: Name: Kathleen L. Rose Title: Mayor PiJR�HA$ER: PREMIUM WATERS, INC., a Minnesota corporatior� $y: �i�/�/�� Nam�: e Jd A. 2arda Title: e � r Vice President �� wA 76�zoa�.� EXHIIiIT A I.EGAI.DESCRIPTI��T Lot 2, ARGO INNOVATION PARK, a subdivision in the City af Riverside, Platte County, Missouri LESS AND EXCEPT: All that portion of said Lot 2 described as follows: Cammencing at the northeast corner of said Lot 2; thence caincident with the east line of said Lot 2, South 00°28'SS West, 343.78 feet to the Paint of Beginning; thence continuing along said east line, 5outh 00°2S'55 West, 65.75 feet; thence continuing along said east line, North 65°23'28" West, 376.26 feet; thence continuing along said east line, South 00°2$'S8" West, 410.77 feet to t13e southeast cornez thereof; thence coincident with the south line of said Lot 2, North 6S°22'38" West, 358.38 feet to the southwest cornez thezeo�; thence coincident with the west line of said Lat 2, North 00°1 b'14" East, 361.�6 feet; thence departing said west line, South 89°43'35" East, 255.95 feet; thence South 65°23'28" East, 4SS.62 feet to th�Point of Beginning, cantaining 164,007 square�eet, or 3.765 acres, more or less. 14 wA�d�zoan.i EX�IIBIT� DEP�C'I'ION O�PROPEItTY 15 wA�6�zoa4.i EXHIBIT C I)E"�EI.OPll�l�TT�GLTI,ATIONS See Ordinance No. 1227 attached hereta. 1� WA 7672044.1 EXI-�CIBIT D DEVELOPMENT A1VD I,ANDSCA�ING P]LANS See Qrdinance No. 1380 attached hereto. �7 WA 7672U44.1 EX�IT E cx���R �ao �s����n�r��r�nn�rr� 1s ���6��0�.� � � �.�,�� ��. � . � � � � � �.� � . , �� � � � � � � � � �^� ' � � �,. �`� �'� � ���; g�� .� ,'r�� � t �;� �� -� ��' � �; f �� �� ���� a ' � ��' '�` � � � � ,a��. � ` '✓ � ��`�� '�` � � � � , �,� � � '� � �. � �' `�a �' ��� � �'��-. �. ; `� �; �,, �„�,� • � `� tr��� a r � '' � �' . 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"�, ;° c ' �� \.�""`` 'M�.� �- .-�;. .�y�,� �•- : y,: . � ; -y^���. �, ..' . �� � �`� J� � " '��y�: � �-;^ ;- ,�. , : . ; ��n �� ,: �: '! . � �, �,�`-, i:^.�� � ���.� � ; ,_ p ,.� < �,, ..s� , ,. -. ,.. . . . � ; _._ ��� � 5 � �• �� � � � " r � .;;;:r �, . ;�- : .<. r u. %� _ ��.. �, �, �i� '+� y � .. � � \ �� .r . .^.�-� � .. ,��,, _ .. .� . _. "� C :: '4 � `.. � � a��k V. . � � � � � -,- � �� ':� � '�� c.,�.� . h '� �,..�� _ --�`�.� �. � �.,�' ..a.�j,�� ,,� � ...,�..., � ir �. �r�L �o. aa��-�os oRc��N�►�cE�o. �3g� AN �R[�lRI�4NCE APPRC�VINC �► FIhIAL C�E1lELQPMENa PL,A�f F�F� L.�#�fD LOCA�'ED AT �307 N{fV NlQiTTC�)C i�L]., fdIVERSIL)E, MISSOUR�, IN A���R�ANCE VIIITH 1'HE UN��IE�3 DEIIELOP�flENT ClP��lNANCE C�F THE �ITY O� RI1�EI�SlQE V41HER�AS, ea►pplication No. PC'8�-04 �+va� submi�#ed to tt�e City by Premiurr� 1Naters, [r�c. far appraval of a Fina� Dev�lopment plan far canstruc�i4r� vf an appraxim�tely '105,ODD square foot expansion of i�dustria� facility ("De�elapm�:nt Plan") located on an approxima#ely 20 acre trac# of land at 4301 !VW Mattox Rd., Ri�erside, Missouri; V�IH�REA►S, the Planr�ing �ommP�ior� I�eld � meeting an ��nuary 22, 2015 to consider said applica4iort and recommended that the De�eloprr�en# P[an be approved; WHIERE�4S, City S4aff finds said appiication to be in conformani�wi#� the standards set fQrth in th� Un�ed ���elopmeht Ordi�ance and the gQals esfab�ished in the Comprshens�e Mas#er F'l�n and re�ommer��� approval of th� appl��ation; and lNHER€A,S, #he Board of Atdersr�en find that: (1} �he application is in cor�fo�rnance with the s#andards s�t forth �n th� Ur�ified Development Qrdinance and the goals established ;n the �vmprehen�ir�e Master Plan; (2) the Deveio�rnen# Plan is deemed to be ir� substa�tial cornpli�nce with the approVed prelimir�ary develnpmen# plan; and (3) it is ir� the best interesfs of t�e City in order#o further the obje.�kives of ir�dustrial an� ecor�ar�ic developm�nt af#he City, as wetl as in fuctherance of fFie abjec#ive to protect the health, safety, and welfare of the busines�es and citizens vf #he City, fo approve the DeVelapr�ent Plar� as se#for�F� herein. PlO�I THEEtEF€�RE, 1BE iT OR��iINED �V TFiE �OA�tD OF ALDEFt11AE�V C�� �HE CiTY OF RIVER5IDE, MISSOURf� �4S F�LLQWS: SE�Tt��l 1 — BE�T i�ITERES�'C�F THE CITY TO APPROVE DEi/ELOPMENT PLAN. !t �s fn t�e �est in#erests of the City in arder to f�arther �he objectives of industrial and econQmic de�elopm�nt of the City, as wefl as in f�rth�ra�tce o�the objectNe #a protec� #he hea�th, safe#y, and welfare of the businesses and ci�izer�s of�he City, to app�ove the Development ��an, attached ��r�ta �s Exhibit A and incc�r�orated herei�, fpr de�elopment of property located a# 43�� NV11 Mattox ff�d., Riverside, Missouri, and legally described as se#forth vn Exhibit B attached hereto and incx�rparated herein, and such Deveiopmen# Pfan is hereby approved, subject to the r�ntinued compliance �rovided �erei�, to allow for the construc�on a� an industri�al faciiity acr,mrdir�g ta such plan. SE�Tt[�N 2 — �ONTINl�IN� GONIPLIANCE, �"he follov�ing cont�nuing compfianr:� obliga�tions shalt app1� rniith regard to the De�elopment P�an appro�ed for deve[opment of the p�raperty: 1. The appro�ai of#he Development P9ara dves r�ot relieve the developer fror� campliance with all ather applicable local, s#ate and wA 6sr�a2o.� federal [aws, c�des, ordinances, and re��a[atio�s. The develop�� is required ta requ�s# and abtain appro�a! for al! necessary perrnits to begin cc,�struc�ing the de�relapment. SECTI�IM 3 �- �iUTHORITY �;Ri4RITED. The [tllayor, tl�e City Adm�nis#rator, Special Counsel to the City, and other appropriate �i�y dfficials are hereby auth�rize€� �o �ake any ar�d al[ actior�s �s �ay be de�med necessary or conves�ie�t to carry ou�a�d carnp�y witt� the infent of this orclinance an to execute and deliVer fc�r and ors behaff of the City a�l cerkifcates, instn,�rrients, agreements ancf ath�:r do�uments, as may be necessary or canvenien#to�erFo�rn a!i r+natters herein au#hvri�ed. SECTI�JN 4— EFFE�7'IVE DATE. This ordir��nce shalf be irt fult f��-ce and effect from a�d after fhe dafe of its passage and approval. BE IT REMEMBERED #hat the abo�e was r�ad two #imes by heacfing vnly, PASSED AAi� �4PP�iOVE� by a majority of the Board af Ald�rmen and APPR�VED by the Maycar of#he Cit�l of Riverside, Missouri, this 3�d�y ofi February, 2015. „ , �. , ,- , , `` .' ' �, . r �� - . " • �= athleen L. Rose, fVlayor A #: X . r, , - �'} ,��'�. . 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W t) ��; .,�� �", � -�� ,S�' S: '�:.�� e., 7 � 6— �. �;`i � C '�:.:s � �<:� �'i - � ��. �; �.� � �' � �y .� .;s .� �:..� � � � � ��_' a�., �:s e�`i c.:.Ft ::::: >:� < � a . 1� r� �- � S � .' . � .:?� a ..- _,�: � ' �� � �..,.� ,� s � : �� - �__ �: z �-; � ' � � � _ a � �� _� .� � � , � ��, �� q _ _ �.r � s � ��� ����, - ; , e.: ,_ _ ; , � ,; �..�. ,::.. . _ _-, �- . :���,. , a „ ��� :�: � w, ; � � ,�,e,.xe � � � � r�� —�".{e � ��".� -��� .,� ,� � � �. �JCHlB�T � LEG�,B� DESCRIPTfON Lat 1 and Lot 2 of Argo Innovatie�n Park 4 WA b564�420.I �4TY o� �ity of Y�vers�de 1��1r�1$Sl s�ta����tysi� �tep�� r�issouRi ����Nw�ber PC 15-U4, Final T3evelopment Plan �'�"�'�'�`°m"`d�'� 43�1 NVV"�attox Road—Frernium 'VS7aters Geater�l Ingarma�ia� � .�pplmcamt: Premium�at�rs Location: 4301 N�4J"Ma�tox Raad Ap�►lication: Finai Devela}�memt Plan for l O5,fl00 s.f.expansion Znniag: PD Planned Deve[opment Existfng I,and�Tse: Developed—existing 165,00�s.f.tsuilding Pro�o�eed Landl�7se: Expand building fbr additianaI warehoase space Fina�Y)evelo�seneat�lan: Fina!Developrnent Plan will be revierved by the Flanning Cnm�ission ae�d the Board afAtdermen forapproval. �ite Area: 14.4 acres existing la#and purchasing fs.5 acres fira�n the City Building SMze: 165,OU0 s.f.existing, 105,�00 s.f.expansion=270,OOQ s.f.to�l ,r4n_ alvsis Sit�Layo�: The pro�osed expansion will be utilixed�'or warehouse space at�d is need�f to accommodate tlie company's grow'ing husine5s.It wil�extend the building on the backside 1 east end. Du�to the shape of th�lot astd ang�l of the raiIroa�t,the expansian wi11 create:a s�air ste�shape. Ineluded r�v'tth the expat�sion are 2 new dock doors on the south side,6 doek dovrs on the nort$�side,a�nd � #he necessary paved aireas to hand9e truck mavements. Par�i�g: 'I'!ie parking area is located at the front ofthe building and will not be altered. The existing parking spaces are sufficient ta serv�the e��ssion. Infra�strs�t�rre. All infrastructure is avaiEable an the site. Stramwater will be directed sout� f'rom the bu�lding and ente�the regional detention sysbem. Outd�or�torage: There weli be a�o outdaor storage associaxed vvit�this expsnsian,h�wever,additional trai ler park�ng will be located to��e east.The expansian will allow fo�the app��ved fut�re insck parlci�g intended for tl�e northwest com of the lot along Mattox Road to be remQved. Landscaping: Existing landscaping is in place alqng the west side nf the building,whieh will remain. Additional trees will be�cided to the greenspace t�the northwest of the building. A three fovi b�rm will be cnnstruoted c�n the east side of the property that v�rilt be heavily landscaped in order to help sereen the additionai tnsck parking. A Yotal of 42 new trees will be pianted. �ui[diag Desig�: 'I�c parogased expansion aims to maintain the arccEzitecturai character of the existing buildin�while bei�g ec>nsiderate af�a�ay's design standards. The expasision wiil match the ezcisting building materials—pre-cast canerete panels.This vvid!create:a cohesive design alc�ng the entire buildirt�g. �ignage: Na new sign�ge�s pro�osed with the expansian. Page 1 of Z �.agD�ki�g:N�new po�e i�ght�ng wil!be installed wirh the expag�sioaa_A few sa�a�l wali pacic�igiets rnay be included on the building.T7�ey wil)�natch the existing light fi�rtut�es. �amprebensive M�stcr Flan'�'hroe�ghout�e dev�lapment af the Compr�hensive Master Plan it was a�ficu9ated by participants that impiroving community i�age/chas'acter and the qval�ty and design of buildings was a[(ey evnctirn.Additior��lty,th�Comprehensive Master Flan identEfies the sete as part oF the`Hor�zons Develapment',which is ultirr�at�{y envis�oned to includ�a enix nf innovation and industry, mixed use,destinafiort o�ce,destinatinn retail a,nd recreatioz�. �t�oan�nendation Staff finds the applacation in canfarrnane�with the sta�darr�s set forth ic�t�ee UDd and�he gc�ls established in the Camprehensive Master Plan and�erefore recommends approval n#'t�e applieation. At�achments � m Location Map • Final Develo�ment Plan: Site Plan • Building Eievations ■ L,andsca.ping Plan Page�of 2 61LL [V�. 2013-05t1 0�13�N�tNCE NO. �� AN ORDINANC� ,�4U7H�RIZINC ANf9 G1�INTING A RE�E)NING�F LOTS 1� ;�,3� AND 5�F e4RGO INNOilA7�C}N PARK FROAA "GP-I G�N�RAL PLAlV�IED IP�DUSTRU�tL"° TCf"P� PL�►IVIVE� bE9iELOPhAI�NT DtSTRICT" �N ACCOR�AN�E 6NlTH�HE PR�VI510N5�}F THE UNIFIEL3 �EVE�.OP1�E{VT OR�IIN�NCE F��i THE GITY QF RE1lERS9DE, 1iI1fSSOUR,1 AND APPR�V[NC PL�tNNED DISTRICT DEVEL�PMENT STANDA�DS 1N Cf3NNEGTION THEREWITH 1dVHERE�iS,Appiication PC'!3-15 sui�mitted by fhe City of Ri�erside ("ApplicanY') reqwesti€�g a cha�ge in zoning frorru "GP-i Generaf Ptanned IndustrialA to°PD Planned Developmer�t Distric�#" on land located generally�nrest of Hor�zons Parkway at NW 41�Street anc6 I�galiy descrif�ed as fiollows: Ali ofi Lafs 1, 2 3, ancf 5 0#Argo Innovati�n Park, a sub�fivisEon in the City of Ri�erside, F'latte Coun�y, Missauri (the"Property"}was r$ferred ta the Planning Commission ta �old a public hearing; and WIH�REAS,after dt�e p��lic notice in the manner prescr�bed by lav�r,the Planning Gommission held a publi�hearing or� June 27, 2Q13, whcrein i�considered and reviewed 4he �quest of the Ap�licant and rendered a report to the Board �Aldermer� recommending that the zoning change requ�sterl be approved tog�ther with planned district deve�opment s�andards for Arga fnna�ratinr� Lots 9, 2, 3 and 5 Planned Q�velopmenf District; ar�d 4�VHEREAS, after due p�bfic notir,e in th� manner prescribed by law, the Board of Aldermen of the Caty of Riuerside, fUlissfluri at its regular meeting on July 2, 2013 held a public hearirx,� regarc�irrog khe rezoning r��est of the AppEicant; anrl WHIEREAS, the Board �g Aldermen, afte�considering the e�ridence pr�;sente�l during such publio hearings, has determined adoption and appraval of#�e rezon[ng and�lanned district deve�opment sta�dards for Arga Innovatian Lots 1, 2, 3, ar�d 5 Planned Deveiopmenf Disf�ict#o be in the City's best interest and to promo#e the public hea�ih, safety anc#welfare; N01fV,THERE��RE, be i#ordained by#he Baard of Aldermen of t�r�City nf Ftiuersid�, �lli�souri, as fat[ows: SECTI(}�V 7 —R�ON1N� OF PRE�PERTY. The proper�y loca#ecf gener'�lly west af Hnrizons Parkway a# MN�1s Street and [egafly described as"All s�f l.o#s "�, 2, 3, and 5 ofRrga Innae►at�on Park, a suhdirrisinn in the City of Riuerside, Platfe Coc�nty, MissouriA is hereby �e�oned from "GP-1 General Planned lndusfrial aistrict"to"PC7 Plar�nec� Develc�pment District". SECTlON 2—APPR�YAL t)F P�.A[VNEd DESTRICT�E1/ELOPMENT STAhID�ROS. Th� planned district c�evefopment standards for Arga Inno�at�an Lats 1, 2, 3, ar�d 5 Plann�c� Qeveiopmen# Dis#ric#set forlh� ir€ Exhibit"A" are hereby appro�red. �ev�l�pment af tha Pro�erty shall be subj�ct ta ancf comply uvith the Arga lnnova#ion Lots 1, 2, 3, and 5 Planned f3evelopment Dis#rict s�andards together with a9� other provisions set farth in�e Ci#y Cate and Unified L3e�elopme�t�rdinance o##he City af Riverside; P�pproval of tf�e Argo Innavation Lc�ts '�, 2, 3 and � Planned Derrelopment Districfi does r�o#re�ieV�fh��pplic�nt from following aEl other ap�licable cvdes and Eaws �af the City of Riuers�de or other govemmen#al agency, r�or does i�relie�e the a�pficant frorn submitting necessary si�e plar�s or�pplying for aIl necessary building permits, ei�ctrical permits, sign permits, or accupation licenses requir�ed by�it�r•Cvcle. The s#andards sei �i�L NO. 2dD�l3-05fl �DRDINANCI� NO, ��� #orth in the Argo lnnovation Lots 1, 2, 3 and 5 Pla�ned Developm�nt�istrict shall hav� precedenoe where such conditions are more resfrictive than th��e set#orth in Ciry Code. SECTI�N 3—FAILURE TO GQMPLY. That failure to comply with any af the conclitions�r provisions contained in�his ordic�ar�ce shall canstitute a violatior� of both t�ris ordinance and the City's Unified DevelopmEnt Ordinance in addi�ion to other pertal#ies w�tich ma� be corrtained in th� City G�d�. SECT[QN 4—FJCE�UTIQ[� OF DOCUMEPITS. The M�yor shall ha�� aaathority to#ake such actions�o execute sucf� doc�ments as she shal! deem reasonably r�ecessary to carry a�:�##he pro�isian�and intent of this ordinar�c�. SECTIUN r SEVE�►B!LITY GLAUSE. Tf�e pravisians of this ondinance are�everable and i�any prorrision hereof is declared in�alid, unconstitutional or unenforoeable, s�cf�detemnir�a�o�shall r�at af#ect the validity of the remainc3��of this orc�inant:e. SECTION 6-�EIFF�CTII/E DAT�. This ordinance shall be in fuf{�arce and effe�t from ar�d af�er the dat�of i#s passage a�nd appro�ral. BE !T REM�MBEREQ�hat the abave was�ead fwv times by heading onEy, ff�ASSED AP�� APPR�VED by a majori#y of the Board of A�dermen anci APPROVED by the Mayor t�f the City af Riverside, Missouri, this N�' day o¢ G� E ����- �/ t• � � � � May�r Kath�eer� L. Rose � � , . �. ST: ' ° - �- r . � . � T� ' �.._�. . �"� .�.. -_...._,�— �+F�]IrCi���{ r + " ' , e ` .., � � � ,� 7 �4 h . . E�TIBIT°`A„ Horizons Business Fark"PL7"lZ�gulatians (Argo Inxxovarion I'ark Lots 1,2,3 �nd 5) A. Building Lines. Na building�r structure shall be erected ne�,rer tlian thiriy(30)feet from aa�y eacisting or propos�d street�gh�of way. 'The sid�yards shall have a minim�aggregate total ofsixty(60)feet fram the prop�ty lines,but no sid�yard shall be lsss than�hirty(30)feet. �'he rear setback line sball be a minimum of thiriy (30)feet from the property line. B. Buildin NTaterials an,d Construation. Al� buildin.�s a�� ather structures within Hoxizora� Business Park sh�ll be constaructed vf att�rraa+ctive exterior sides of high quality ma�riais i�ciudnng masonry,concrete, structural clay tile, �lass,and metal when usec�.in an incidental roie. �pecific ma�erials which will t�e excluded include exposed (i) galvani�esi sheet metal, (ii) a�ondecora�ave cinder or c�ncxete block,an.d(�ii)double T concrete panels. Ex�raor mechanical or electrica�equipmen#,including,but not lirnited to,HV'AC equiprnent shall he so placed or screened that the pr�dominant design lines of the builciing or structure cont�nue wi#hout vis�al distraction�or interruptic�n.If the func�ion af the building or structure d'z�ctates placenr�ent nf such equipment in st�ch a manner ar Iacat�on that the i�uilding exterior walls themse�ves are unable to screau the ec�nipment from viEsw of adjacent existin�or proposed streefs or highways,they must be separateiy scr�ened usit�g materials compatible with the appraved building materials a�d the height of such screening shall be equal �o the hei�ht of the equipment to be screenes�; or with acceptable landscaping. Acc.�ssory buildings, ei�clas�ues, appt�rtenant strucLures to, or extrusions fram, �y buiidin� or strueture sha11 be of similar or compatibfe materials,design and co�xstruction. �. Buiirlin Material Cola�. �alor of materials used on the constructian o� all buiidings, �nclosuxes, and appurtenant struehares will present a predo�nantly warm eaa� tone ag�pearance. D. Parkin� �ploy�e,custom�,awner or te�arn pazking shall be ths respnnsibi�ty of t[��property ovvners and t�a.ey shall prnvide ail nec�ssary parki�g facilitaes entirely on�lieir property. �'arleing ar�private or public stre�ts or highways wi.thin the subject pro�rty is expressly prohibited. Except�s o�erv�ise pravided for herein,�1 parking azeas and drives and access s�i be;paved wi�h an impervious surf'ace equal to asphalt or conerete and maintained by the Qvvner in a sightly and well-kept condit�on. Eac�pa:rkin�space grovided sha11 be designated by w�,ite lines pai:nted an the � paved s�rf�ces�nd shall be adequate izz area. N� parlcing spac�s, paar�ing aisies or raaclways, exeept the access way, sha3l be �per.mitted varithin the front fi�een(l 5) feet of�he front setback. �f gatking spaces are provirled in front af�.e build'ang the vehicles sha11 be s�reened from t�e road by walls,eart�i berms,and/orp��tZt �na�a�equal.ta tlae heigh#and leng�h of th�area. � Adequate o£f street parking sk�all he grovided by each Owne�r and tenant �or its � custom�rs,emplayees and visitors;and the parking requirert�ents set forth in the appropriate section of the Riverside,Missotxr�Uni�aeci Developrne�t Ordinance shall be used as�inimum guidelines in detez�inir�g misa�imum parlcing requiremen,ts. Businesses exgeriencixag rapid growth may submit a reques� to the Direc��r of �omtnunity I3evei�pment ta �1iaw temgozary gravel overflow truck parking. Parlcing may be allawed in accordance with�he following standards: s A site plan identifying the pa�rking area, parking lat size anc� specifiaations fpr base a�nd gravel must be submitted for review prior to tlae parkzng being instaIled. o The par]kix�g area sl�all not impede public safety. � The znaximurn tinaeframe�or the temporary gravel overflaw truck parking is 18 rnont��s_ At � the end of the�imeframe,the area must either accommodate a buildin;g/��lding expansipn, &ecome green space or be paved per Ci�}r a�apxova.ls and regr�ations. • Ara agr�ernent outlin�z�g the specifics for th�ternporary gravel overflow truck pari�ing sha�El be signed by the appropaiate bu�iness representative anc� the L�irrec�vr of Coatru�unaty lDevelapme�nt. E. Off-Street Loa.din�. Provision far ha�dlang all�ruek servic�rnust be totally withi�the building site. No loading docks may be on any str��t frontage, unless properly screen�d anci apgroved. All loading shall b�paved with a.n imperv�ious surface eq�aal to aspha�t or cancrete. All side ax�d rear loacliug service areas s�a1l he prop�rly sereened fram view from all existing or g��opased streets,�oads,Qr highways by walls,earth berms,aatdlor plant rnaterial. F. Outside Stora�and_F�iprment. �Jutside storag� of any type, inclucling, but not limitec� to; m.ater�ais, supplies, equipment, finished praducts or semi-finished products, �aw materia�s,or articles of any nah�e may be stored or permitted to remain on any Bwilcl�ng Site autside of the building or buildings constnictecl thereon,in accordance wi,th the fallowing standards: • Screening. All autdoor s�vrage s�all be in a fenced open yard adequat.ely sareened. • Lacation. All outdoor storage s�all be located in either a side€sr reaar yard. Displays shall not b�Ioc�tad on public sidewal�s ar streets. No autdaor sto�ge shall be loc,�ted wit�in ten(10} feet vf a street line. p Appe�rance. AIl outdaor storage s�all have a nead and orderiy appearance. • Setbaek. f�utdoor storage�eas shall conapl�r with all setback req�irements. p Hei�t. The height of m.aterials stor�d shafl not exceed the hei�ht l�nitation of the un�erlying zoning distric�. Arry perr►sitted stvrage may only occur in a ma�aner so as to �ot be ob,jectivnable to any occupant of flther building sites in the entire tract. FaciIities for st�rage af was�e and rubbi�staall.be ma.intained rvith'r�a a se�een�area ia�cic�sed metai containers af type z�pproved. 2 F,ach Owner and tena�nt sha11 keep its premises, buildings and impr�v�mments and appurtenances in a safe, sightly, clean, neat an�1 wholesorx�e conditiot�, and shalI compiy in a1P res�ects wi�h all govemmenta�, heal#h: ar�d poli�e reqwiz+�ments. Each C}wner and tenant �al�. reznove, at its own exp�nse, any r�bbish or tcash a�any ch�ractea which may accum�.late on its prope�rty and shali keep unlandscaped and lar�dscaped areas�eat and well�maintained. Rubh�sh and tra�h shall�ot be tl'zsposed of on the premises by burniiig iv�o�en fires ar incinerators. All rubbish arfd trash co�xtainers shall be properly screened by an appropriate enclosure. G. Pernxan�nt�'ark Si�na� No sign sha11 be erectec�,placed or o#herwise install�d upom a Building Site or affixed to a Buitding,structure,or ather improvement erccted on a Bui�ding Site u�tti,�the plans for such sig�shall have been approved by t�e City. Flaslung or moving signs shall be pmhibitecl. Product ar service�replicas or rnvdels shaii�prohibited,unless allowed�r the Unified Deuelopment Ordinance or The lacatzon,size,design and ccalor of all signs must be in keeping with the ebaracter of t]ae Park.Nionument signs shail Frovide a minimuna Ian.dscaped area�qual to 3 times#��size of th�mon�.ment�igrz utilizzng ornamental�rees a.nd shrubs,geouz�d cover,rock beds,flowers,crr�ther decorative treatnierrts. 1. Park Entrv Si�ns. Park �ntry Signs shali be �rtilized ta identify the development as whole and nat individual businesses. Faur�'arlc Eutry Signs shall be pearnaitted,each with a ma7cimum height of 18' and a maxi�num sign face of 1�8 sq. ft. Individual Building Man.ument si�shall have a maximum height of$' and a ma�cirnum sign face of 64 sq. ft. 2. Canst:ruction Signs. A temporary wood,rnetal,or�las�ac sign wi�i be allowed durit�g the cc�nstructiorz of a buildin.g project. Such si�.ns may be�ith�r single or double faced vvith each£ace haviug a m�imum area of f�i�y squ�re feet�or building sites,Zess thata three{3}acres and eighty sq�are feet for building sites af three (3� acres or more. A11 signs pernutied tuic�er this provision vvill be ren�oved immediately upon issuance of an oc�upatxcy permit for any bui�ding constructed vn the site. 3. �'or Sa�� or L�ase Si n�s. A temporary wood,metal, or plaskic sign may be erected on a developed�auilding si#�to ofFer the pro�erEy for sale or lease. One(1}such si;gn,having a maxirnum area Qf thirty �3€�) square feet,will be authorized fpr�ach br�lding site. 4. Temporary Sa�ns.Paper sign.s,stickers,transfers,signs printed vr ai�aced to, or visible through th.e windaws,dnors or e�riar wails o�a buiIding or other signs of a temporary character nr purpose, regardless of the eompasition�of the sign ar the matexials u�sed tt�erefore,are expressty prohibited. H. Lan.dscapin� All open areas on any building site not occupied by buildings,stor�ge, parking;access roa�s anci loading sY�a�l be suitabiy graded with a slope not to exceed 3:1 to allow for mowing,araad drainage and shall be�,aiz�tained in Iawsa,tr�es,andlor sl3rubs,including lawn irrigation �n al�such areas. It is the intent of#hese regulanons ta grovide a park-�ike seiting for#he buildings, � as well as to screen ohjectionabl� areas and to use best effarts to preserve existing Ctees on its building site. All sites should consider some type o�gerennial planting at drive entra�c�s to the b�slding site. . Excep#as herdei�er provided,a111dts are required to provide aminimum iaridscap� bui�rer of fifteen feet�15')for visual.sixe�ning along publi�rigl���of way,utilizing decid�aous shade and ornamental tree�, evergreen trees a�d shrubs as well as encauraging well-designed ber�as �a integrate with the na�ral tvpograph.y of the site. N� paving, be it fc�r rQads, parking, laading, starage,or walks,sh.all be permitted in this azea. Within this buff�r a�ea,�rees a�nd/Qr shrubs�al�be planted to g�rovide an effective continuo�s scre.�n at least sia� feet (fi') hi�wifi,�in eightaen(18) months after ini�ial planting. Specifiaal�y,each bu.ilding site shail inclucie a mi�nimvm of one(1}two and on�-hal� (2-�/2}i�ch caliper hardwood or evergre�n tree�ar each tvvo tho�sand five hundre�(2,SQ0) square feefi of pervious l greee�space a�rea,to be planted in islands�r pl�.ting strips within or ad�ace�t to the paved area. Evergreen slhnabs tvvo and one-half {2-�a) to t�ree (3) feet in hei�t rnay be subs#�tuted far twenty(2�)pezcent of the trees as requyxed a�ve. Building sites sha�l be Iandscaped in accordance wi.th the generaI landscaping plan for the Park. Far all building sites, the fr�nt and side ya�c�planting areas shall contain suitable gr�rund cnver and a minimum of one(1)tree for each thirty(30j feet of Suil��g Site frontage ancl, with resp�#to Building Sites adjoining a street, on�(1)tr�ee and three(3) shrubs for each ten(!U� autamobile parking sf.a�ls located ther�on. Each deciduous shail be at least two ar�d one-half(2wr/�) inches in diameter at ground ]�vel at the tiine of plaa�ting. In adc�ition to the tree ax�d shrub' requirements,the�shall be 75 sfdec,ora.ti�ve planting bed fPerennial flovvers,srna�ll shrubs and nan- turf ground covers)per 1 OO lineal feet of street frontage. 'The cast or value of the landscaping fox a B�ailcling Site or�a Street,inciuding soddang,seeding(r�orth property Iine alang r�il tracks only),anci lavari�irr�gatior�shall no#be less tl�an one�i)pe�tceni�af the cost af buiidings and impravements up to $S,QOO,OOp,and an additional one 41)percen.t af tha cast far each additional$I�0,004. The cost of buildings ansi im�rovements, for the purpases of tbis Section,rnay be deter�nined by the estinn.aated cast used by an nwner or t�ant in obtaining a building perniit far such unprovements. The landscaps developm�nt,laavi�g been installed,shall be maintained by Own.ex in a nea�and adequ�te matuxer,vvhich shall include the mowi�g of lawns,trimnning af hedges,otlae�'suet� maintenance and�xatering includang the i�stall�tian of iawn irrigat�on on ail sites.The landscaping shall be implemented and completed luithin six(6)mant��s after completion�f tlie bui,icling. I. Exterior Li htin . Lighting�f buildings and public areas, such as parking,piazas, Iandscaping,fo�n�ns,sculptures,a.nd walkways is�eq�uired. All site ligh�ing will be acco�nplished by using concealed source fixt�xres �+ith a minimum average ill�ination in acc�rdanc� with the requirements 4f the City of Riverside,IUiissouri. A11 exterior lighting wil�be metal 13alic�ar white�n calor and cons��in nature,specifically excluding travelin�:flashin�or intermitte�.t illumi�atian vf a a�y kind and must b� so arranged oz shieided as to avoid �,are or reflectio� onto any adjacent axisting or pr€�posed streets,highways,ponds ar b�ilciing sites. Pale mounted fixt�res will have a maximum pole height of twen#y-eight(28}�eet,including thh�base. J. Under t�nd iTtilities Pi es Etc. No pipe,conctui�,cabls,Iine vr the like�or water, gas, sewage, drai�age, stearn, electricity, or any oti�er energy or sezvicc: shall be inst�led or m,aix�t�in�iipon any buildi�g si�te (outside o#'any l�uilding)above the surfa�e of t�e groun�. K. Fencin�_ All fer�cing aza any bui�ding site shall be cvmpatibre with the building �na�erials used in the constructioz�of the znaj or structure on said build'vr�g site. All metal fencitt�g shall be black viny9 caated or with r�esh screen artd shall be scre�n�by landseaping froma view from ea�i�ting or�roposed streets, highways and cantiguo�is buildin� sites. Fencit�g shall be limited to 8'high at side and rear yards. Fro�t yards shall be decorati�r�in appearax��e with a maximuea�height of 3' above�;rade. L. Animals. No livestock,paultry ar ather ainimals sha.�l be kept on a�y part af the Park M. NlisceIlaneous. Each buildi�g site in Horiza�ns Business Pa�rk is subject to a�l pr+esent and fu#ure applicable laws and ardinances, including without limitation the Unifie� Development Chdinance of the Gity of Riverside,Misso�ri with sp�cial attei�tion directed to the fol�owing�tions thereaf applicable to a�l PA Pla.nn�d Develop�taen�I��str�cfis,pert�aining to the follawing: 1. �rr�ake Control 2. �ontral af Dust& Dxrt,Fu�es,Vapors�rtd Gases 3. Noise control 4. Control of vdors 5. Glare and heat contro� 6. �ibration control 7. 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' � .�� i �s� � �:.�,x, _. ......"'' �,. ,��:. ;_,„,�: � .�� �: � � ���, �� �� �� -'�h-'�-��,,, .,�,-��^^�,..��;; ��. � �� �.. ��� � � v.. .� a�.' -^���. �'�� �..� - . � s ..�� a'�,�_r�, ��`� �- � � �-�^� . . -:, „��: �.�-� v-. �. �'� `w � ,�« e-'" ���� , �� �3+�M+n� �`� , � . y,\.<., ,:�;,S �r � .- ���'���:�'�,,y�w�,�� ":,:�":� I : '=-^'� ,�W �. a. ,.-a�.a�c_.�.,d..�-� �.,-,�„ � r`���� ��v^.�� �-e�:.���--�%y^� �.."S� "� , ' . c. .__._: g. _...�-a..»,.�:�"�� ,-,��. .... ..m , m�. .. .`,�-�-r`" , �J[If�UTES R��U1.AR lUIEETIAIG �'LANNIC►IG�lND Za1►�lNG �DMi1JiilSSI4N RiVERSIi�E, MISS�URI T#ea�rsdny,June 29,2013 7s�4�.m. Tha E'I�IIFAifsg 8n(I Zbn1n�Co311f�3i3Si0il fai�lie Cil�'01'R6Y�18iaC,M18§aIlii,�net in regular session et Riverside C�ty Hall,2950 TTRf yivion R�ad,Rirferside,N�tssourI. Clsair A1 Bvwman calltxl the meeting ta nrder at 7.OQ p.m. Answering roll cati were ita.y I3hi,Hatmld Snoderiey�, Ste�f�en Kin�,Att I3am�r,an���ev$n Kas�r: Aiso prese�t: J�ckie C�rlsoa P�anning and Busi�ess Services,Keit3�Payne Assistauf 1F'rre Marshall,and Conntr�unity Develapment Assis�nt Sarah Wagn�s. Me�bers abse�t�vere Jisn Frakes,Mike Soter, M�ce T.amUardn,and Mayor Katlry Rose Approv�afMinutes of �ommissionex Snod�,eley moved to approve thc minute��f�une 7un�13,20I3 �3,2Q13,secanded by Commissioner I�ing. Mationpassec�6-0. i � Public Hear,ng- Chair B�vucnan opened t�e�'�bHc�earin��t 9:01 p.m. Rezoni�g Lots 1,2,3 and S Argc►][�nuva�iom�P�r� Jackis Carlson explai�ed that th�a�plicant for t�us requ�st is fh� � �ity. Tbis request cam.e for a discussion fihe City had witl� ! � Pr�nium W�ters a��ut so�xe#empoxary gr�vel parkingw�ile they I siudy the need for expansion '�e City�c�und tha#�nEy a partion • of the l�nd was rezoneci to PI�an 240'1 at�d the remainder was s#il� zoned GP I. With this reques�the City saw the o�partuaity f� - � clean up the zn�ag o:f the pmperty in�his pla�. r�ckie wen�an ta ' explain#hat wi#h 4his rezc�ning also cmmes a few nainor chang�s ta , �he PD regulataons associatect w�th th��rroperty. 'i'tiis inclt�dcs� ; sec�inn�gazding#he tcmporary grnve�pa�rking. � Cosn�nissione�r Kaspat asl�ed what Pr�m€r,�tn Watezs wottld do for , ad�i�ional parkittg i�f fh�y did�xpand, C�Isan reglze�t�at zt would be something the�w►nutd need to consider and p�ss�bly acquize additionat land to t�e eas#. Camanissioner Llhl askedl about the typ��f grave�being use�. Carls�replies f�at ttiere are no$pecifie requireme�rts i�a the PU xe�utations for�e�ype or depth nf the gravel,bttt they axc requirsd to su�rni�a plan for revi�r with t�at itafoxnnatia�. � � � i Rick T�riey,P�ant Manag�r for Pre�niu�a�fTaf:�rs�ddres�d the �amanissian. He said he�vas the�re toc�ip,k��to en�st the sup�rt af thc�lanning Co�uni5sro�for�he t�mporatY�a,rking- They have gotteaz more business�n expectec#and�itl b��dc3iag 1�0 x�ao�re nerrv jc�hs. As a a�sult�y�ave�oxe t�c�.th�tfxey expected. This temporary park�ng w�ll�e1p#v al[�viate sarne afthe ix€tck backup on ta Matt��Road. Ha�ing na furtlaer oommen�s C�au Bawmam cl�sed�public bearing a�7:12 p.m. Cammissianer ICing rnnved.tn�commcnd appxoval af�e r�zoning of Lo�s �,2,3 and 5 aEArgo I�ovation Park �o the � . �o�d of Alderm�n,secnnd�d�r ComYnissio�a Uhi. Motion passeti 6-�, Public H�ring-Special Cha�r Ba�vman opened the Public Hea�ing�t'�:13 p.m. ' Uso Permi#4825 NV4�'41�` ` g��� Carlson explained that t�e applicant,l`�Iarth Point Developrn�nt � was req��sting a specia!use perrfliC for outdoot stflrage at Hor�zons Spec Ii1 building. At this time PFC�Nitsk�r occ�piss a majarity of the building�ea�ving�ra�irnately SO€eet of uuaccupied sgace fnr lesss. j Nor€�Pa�hes a pot�ential tetaank but they v�oul�rectuire a��ow � stc�rage. The apprn�r�d PlD regula�ions for this area al fow��tddpr ' stor�ge witi�the applic�tic�n and.app;ovst of a specia�uso permit T�e � starage wiLl be locates on the sauthtvest corner of�tie bui3di�g�ctd v�,�l . hc surre�unded by an 8 fcwt wall and 8 faa#61ack�orvder cc�tec[vinyt c}sam link f�nes wit12 btar�c mesla scceeaeag. This ares will ab� i G�tlsgher's fruck tack aad was aaiginalfy pla�ned ta�vB dack doars - and be a shared truc[c d�ek[�ehveeti t�is b�i[ding aad GaSlagher. Tt� applicant is proposing additional lanc�scaping as wel[.Staff dnes � recommeud appe�v�l of tt�s iec�ue��vith cottditians as follows: - -Maximu�etorage area is 0.5 ac�s � -A1I�n�te�xis[s beirtg stored are associated with th8 busir�ess t�tat has 4he � stora��nea -Starage arcas are lncated ia a side or rear yeffr at least 10 fest fro�the s�reet -S�or�ge areas are fe�cod,screened,snd kept i�a�n orderty ma�uner. : -Stoxed m�terials shal!not excescl d�e heig�t vf tl�e fenc�. -Review of fhe Special Us�Fermit only if therc are cade violations ar s , fenant c�tan�a .- Commissicmer Kaspar aslaed vv[�at[ypes of maYerial wi�1 be staa'eci. Breret Miles wiEh Noxth�dnt replied that r,onduit and s�wols of vvi� woul.d he smre�in�is ste�.. 'Ihey wiIl also it�ve 2A�ho�r securiiy, � North Paint or�$inally wan�t�d�put this tenant�Spea II but felt th�t the ne�tdoor stora�e w�uld be:tnoviaible at.#hat foeatian. In a�dida�, #h�upkeep and st�ga requirements for t�is tenant wi�l be wri#ten in�a � Z i � a panalty clause Cornmissioner H��sr xsked what the vie�v would�e frorn the office �artivn of Horizanffi. tdli�cs rep�ed that some o�the a�ces close�o the trar�sition area hetvveen thn industriai.portion and the o#�'ice portion m�r be able to sse mba ti�e st�cage yard for a s second sbory offce or higher. Commissiomer Sn«1er1e}r ask�d vvhat suiface th�,mat�cial u�ot�d t� stored on. � Milas replied that it�►oufd be cancrete. � Coraunissi�ner Kaspar cot�z�i�d that l�or#h Poia�t l�as dfle�e an�ooal I �r�ith deve1oping tlus a€rea withaut a�ay�utdarnr storage. Ha q�testi�xcd if ! it woutd c�aEng�t�e fee�oft�e.park and�aid h�t�*ss ak vvk#b�te oatdonr . . sEarage this tia�e but le'kely�vou�not be in the fiafuxe. ; � Chaie 1Bowm�noted i�Zat l�e wou3d like t�see�e�UP�cpite�vith�lais � teaant aad if�noti�er tena�t would lfke ta da au#dnar stotags lhat it rnu�t � couie back before t�e Plannin�Coanmission and MiEes agreed, ' � Cl��ir Bo�vman closed thc publia l3earing at 7:33 p.m. - � Cornmissiaaer Kirtgmoved tn i�commends approval of#he specd�[�s� ; perinit for at�tdaor storage at�825 NW 41�Sireet ba�he Bo�rd of I Affletit�r,n�i�the fatlawi�ig conditioats: � �Vlaxi.mnm storage area is 0.5 acres � -Al[materials 6ei�tg fftored are associated wi#h the business t6at hxs the . sboragc area. I -Starage ar+eas ar�located in a s�de or rea�r yea�r at Ieast t 0 a�ck fro�n the sh�t � �SEorage areas are fesiced,screened,amd kept i�.aa arderiy�nner. -Starcii materia�s shall noti exceed#he heigitt nf fhe fence. ' -Review of tl��Speniat U'se�eemtit on13r if Ehcra ara c;ode��olatians. � -If t#ae tenant Ieaves tE�en�1ze S}�ociat�.Tse Permit ex�i.r�s. � � Cominiss[oner Snoderley se�nded�nd the�naotion pass�s S-0. i Adjour►y Cornmissianer King moved to adjourn,sec�nded by . Co�missimner�Ihl. ; 1Vlotion passed f-U a�d#k►e�ee#ing was adjou�at 7:58 p.m. � S��V�er Cornr�unity Develapment � � 3 � i I e�n p� ��ty �f Riv�rside ����� �ta�'f Analysis �epoa�� ���sou�� P�13-15: A��a Imn�va�io� ��rk Lots u���Q���m a�,�Q� 1, 2, 3 and 5 R+�zoning General Infforma�ion Applicant:Ci#y of Riversrde Loeatioa:Lots l,2,3 and 5 of Argo Inno�vatiQn Park Applieation�: Rezane fram General Planned Indt�strial(GP-I)ta lPlanned Devel�pment(PLD} Reqaest,�d Za�ipg: PD-Planned DevetQpment Existing�nd Use: Light Industria6 an�Undevelaped Fa�oposed Land Uee: Light Industrial 5ite Area: 60.45 A.�res P�acedure: 'The proced�re for a cezoning requ�res a public hearing b�fore thc Planning Cam�nission ai�e�at least 15 days notace has 6een given in a newspaper of general circulatian and maitings ta�rroperty owneas withi� 1$5 feet of the proposed pro�ect. The publ�c notification requirements have been fuifilled for this application. ' Intrnduc�on:The requested action is to rezone apprrsximately eighteen(60}acres from"G�-I: Geneaal Planned Industrial"ta"PD:Planned Develop�neni",whirl�is iocated south of Highway 9 and west of Horizons Parkway and includ�s Joh�nson Cdntrols and Premium Waters. The pro�rty in question is owned by the City a$Rivers'rde a�d the Ind�strial Development Authflrity. Analyais:The prop�rty in question is currently zvned bath"GP-L• General Pl�nned Indnstrial"and"PI3 Plan�ed Development" `�'�►e City is r�ques�ing that all of the property be rezoned to an industrial PD. The U�states � fliat tlae GP'District sha!]be a halding distric#,no development shal!oceur within the G�'District un�il tl�e pro�reriy has been rezanetl. '�'his reyuirem�nt of the UDO�vas specificaltyr put in place so that the�'lannang Cammissian and Baard of Aldermer�would harre the ability ta ravievv developnaent plans for each praperty with the Horizons area to e�s�er�that it meets ttte Master Fla�approved by the City. The UDO also sets#h�rninimum staeEdards that all develapments must meet within th�City istcluding archit,�ctural desegn and materials, landscapeng and buffering,parCcivag, ligh„ting,and setbacks, In 20U7 all prnperty ownecf by ths City in Harizons was rezoned tc�PD. At this tirne Argo�nnovation Park w�s not yet established. Thus,the 2407 rezoning i�ecluded only the wester�e portian of�xhat would b�come Lots 1,3, and S of the Argo Innovatian Fark PIat�vhich was approved and recorded���uary of 2011. The r�mai�ing portions of Lots l,3,and 5 as well as Lats 2,�R and 6 ha.ve neVer been rezoned. In March of 2UT 1 th�e fina� develapment plaz�far Iohnsan Conlrols was approved far Lot 3 and tl��final developraent�lan for Premi►un Waters was appmved in 7an�ary of 2Q 12 for T.ot 1. Tn Ma�ch of this year Lats 4 and 6,own�d by Dot�Colstnan, were rezoned tc�PD. The City feels it necessary#o elean up this area and have onEy one zoning desig�aa.tion p�'dat as well as have all�ots owned by tixe City governed�a�der the same PL7 regulation fnr tl�is plat and to be in confor�ance�vith fhe UQO. The Ci#y is pr�posing to keep a majori�y of the origina12007 approved PI�regulatic�ns feeling tha�th�y still meei the initial in#ent of this area. Staff has a.dded in pra�isions tr�allow fnr some modific�ion to the parking requirement allnwing for temporary gravel parking for business exp�rienciang rapid ge�awth as long as they get approval frozn the City a.�►d tneet eertadin standards. �t�c��e�n�mda�ia��: Stai�recnmmends approval of the request to rezone property frvzn�A-Y tc�lP�as�t canfoims with vvhat the Master Pla€i calls out for developrrtent in Horizans and fits vaith the general c�evelopme�standards of the surrdun[ting area. Attac�uYents: - Proposed Pla.�ned L)evelopment R�guiations - Frajsct Loca.tion Map Y � � �� L..sAA;.k.IA.A��.��1`�Y. . .... . . 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' �la��s�c����i ����r��l ' G. ' �"i���ii��������` 7. ����a����.���t�.cLi�pt��� � � � � � Recorded in Platte Caun4y,Missauri . � �i�cardi�tg DatelTg�e:02/0812Q1fi at �3'�:32:56 PN1 Insfr Number: 20'�fi0�'f 5Fi5 ,'�,,•,,,,, ,��'oER o� '- Book: 1255 Page; 394 :``�,�°�--�'� �'OFFo= - �Ype: TR 1lVD `��, �.;��� :�: .�. Pages:3 �-��.?�-�_.•�o ; � Fee: $30.Q0 5 '��QVN��i,�'���'�� -,.,�����'` - �. _ Gloria Boyer Electronically Recorded �ecord�r of Deer�s � . �.P����7� �.. (Spac�above reserved fax Recar�er o,f De�ds certificataon) � e��'������������,���.. - TI�]CS D4CT.31V�1Y`�'IS �3]�+TG�,1�]TQ COR�tEG'�`T�E�,EGAY.DESC�.2Y�7`.��N 1�1��� . C�RTA�T 1�[SSi3i7]L� SPEC,��I, �i71�1R�tAN'1CY ID��D DA'�'EL� �ANUAR'� �, '20�6, �4'III��L 'UVA��ILJED.Il�Tk�E RECU�tIDER O�D]�EDS 4)�'ICE:�T P]�A'�C��JN'�Y,MIS�OUR�,UN J�1�T[TARY �.7, 2015, � D�CL�EI�'T ��1�D�48 R�CORJDED Il'd BO�]K 1355, FAGE 154. T�iE C.�RR�G�`E�? ���AL �l�.S�1�CPT�ON Y.� SIET lF�R�i 01�. P�GI� 1 �F T� � ][N�'i�Z�[T�_ ���R��ET �'i�le�,�'�€scurngnt: �som-i Spec�.a1�arraniy De�d (Ca�ec�ion) � E�`ec�ave l�e of:�}acr�mea�: Sanuary 11,20�6 . . Grraratar. PremiLun�aters, Ine. � . . . Grarator's 11�Caa�'ingA.�dr�ss: 2�Of3 Sum�nez Stneet;NE, Staite 2�4 Mi�n.eapcilis,�inuesota 55413 _ . Grantee: City of R�.versitie,Iv��sc�r.ar� . � �untee's 1�Taili�gA�dre�s. _ 295E]N.�.Vivian Road,l�iverside,Missour�G4150 � L,egcal�}es�riptiar�: . See Page I. - �eference.B'oak rcnd�'age(s}; B�oK i�5�,PAGT 1s4 � `�is ccrve�-�age is��ch�d sal�i3��'4���pr�rpe�se o�e�►ffi]�l�+ing�vi€h#�ae�-�€��m�nfs - statec����§5�.���k},2,59.��3d2 Revis�_�iss��xra S�a�u��es. . �f��b 5�?� �- {Sp�ace above reserved far�ecorder of Deeds certifzcatian) �������� �����'����� ��, THIS DUCUMENT LS EEING FI]LED 'I'O CORRECT THE LEGAL DESCRIPTION ON TkiAT CERTAIl� NIISSOURT SPECIAII WARRANTY DEED DATED �ANUARY 6, 2015, WHICH WAS EILED IN THE REC4RDER fl�'DEEDS OFFICE IN PLATTE COUNTY,MISSOTJRi,ON JANUARY 11, 2016, AS I�OCUMENT #�201b0U0348 RECORDEI) IN BmOK 1255, PAGE 184. THE CORRIECTED Y.EGAI. DESCRTPTiON IS ,SET FOR'I"�-lC Ql'� PAGE 1 Ok' T�IIS IN�TRiTMENT. C0�1ER SHEET Titie of I�acur�ent: N,�issouri Special Warranty Deed(Correctio�.) Effective T)ate af Dacurraent: January 11,2016 Grantor: Premiurn Waters, Xnc. - Gmntor's�aila�ag Address: 2100 Sumu�er Street,NE,SuFte 200 Minneapolis,Min�esota 55413 Graratee: City af Riverside,Mis�ou� Grnntee's Mailing Address: 2950 N.W. Vivion Rc�ad, Riverside,Missou�ri 54150 Legal�escription: See Page 1. Refea�ence Book and Page(s}; BOOK 1255,PAGE 184 Tlvs caver page�s attacl�ed solely for the purpose o£cora�pI�i�:g with the requi�e�ents stated in §§59.31[D.2; 59.�132 R�vised,Missoe�i�-i S�a�utes. '�'HIS DOC[7MENT IS P,EING FTLED TO CORRECT THE LEGAL DESCRIPTI�N ON T�€AT . ��RTAIN Ml[SSOURI�PECTA�,�ARRAN'TY DEEA DATED JANUARY 6,Z�IId,W�IICH WAS FII.,E.D IN TI3E RECOR.DER�F�EEI3S��CE IN PLA"�1.'E COUNTY,IVIISSOURI,ON JANUARY 1.A,2016,AS DOCUMENT#�0160DI}348 RECQRDED IN BOaK 1255,PAGE 184. THE CORAEGTED LE�AL IIESCRIPTION IS SET l�ORTH ON PAGE 1 OF THIS �NSTRUMEN`�. M�S�OLTRI SFECIAI..�AI�R.AN�Y DEEI) (�ORRECTI�N) THrS DEED, �ad.e as af the ���day af J�uaty, 2016, wit}�. an effective date of 7anu�-y 11, 2016, by and betwee� PREMI[�M WATERS, INC., a Minnesota eorporation ("Gran.tpz-"}; and CITY OF RIVERSII3E, MISSOURI, a Missvuri municipal corporation . ("Gra�atee"}, whose mailing address is 2950 N.W. 'Vivion Road, Ri�verside,Missouri 64150. WITNESSETH: THAT THE GRANTOR, in consideration of t�e s�.m of Tan Dallars ($1D.(�) and other good at�d valuable consideration,to it paid by the Grantee, the�receipt � of which is hereby acknowledge�., does by�hese presents,SELL a�d CONVEY unto Grantee, its successars and assigns, the �ollowing described land, lying, being, and situate zn t.he �ounty of `� Platte and State of Missouri,to=wit: Lot l, ARGO INNOVATION PARK 3RD PLAT, a subdivision i� �he City af Riverside,Platte Caun:ty,Mzssouri - � LES�AND EXCEPT: � That part formerly kr�own as "All of Lot I, ARG� INN�VATION PARK, a subdiv'zszon i.n t�►e C�ty qf Riverside,Platte County, Missouri." SUB7ECT, however, to all ex�sting restrictions, reservatians, easements, encuzx�.brances, camclitions, covenants, azad party wall agreemen.ts; aIl zoning laws, ordinances, and rules afFecting the use or iz�apresvem.ent of rh� property; alI taxes, levzes, and assessments imposed by . any g�vernm.enta�agency; and all mat�ers which would be d'zsclosed by an accurat�survey. TO �lCAVE AND TO HOLD the parez�ises a.£aresaid, wit.h all and singular the rights, privileges, appurte�ances, and immunities thereto b�longing ar in anywise appertaining, unto the Gxantee, and unto its succassors and assigns forever; fihe Grantor hereby covenanting � that the said premises are free and clear fram any encumbrance done or suffered by it; and that it will vvarrant and defen�. the title to �aid premises un�o the Grantee, and unta its successors and assigns forever, against the�awful slaims and demands of a�.l persc�ns claiming under it;exce�t as may be set for�h above. ���s�g5 Us IN WITNES� WHEREQF, the Gra�tor has caused �his Deed to be sigzied by its Senior V�ce President as of the date £'zrst above written. PREMIUIV�WATE ,iNC. Sy: � e A.Zarda � 'or Vice Presicient CQRP�RATE�4►�KNO�LEDGTVIENT STATE QF MISSOURI ) )ss. COUNTY OF JACKSON } On this�ay of January, 2Q�6, be�'ore irze appeared Bernard A. Zaxda, to me persc�na.Ily known, who being by txae duly swarn, did say tk�at 1ne is the Senior Vice Presic�ent of PREMITJM WATERS, INC., a Minnes.ota corporatian, and that said ins#xuznent was signed in behal� of said corporat�o�. by au�ority of its Boa�-d of Directors, and said Bernard A, Zarda. ac�nowledged said instrur�ent to be the free act and deed of �aid corporation and that said corporation has aa corporate seal. � iN Wl'T'NESS WHEREOF, I have hereunto set my l�and and affixed my official seal the day an�.year last above written. ���..�.-.- �f�iGr��-rJ Nota�P�a�bl' _ - Printe Name: _ •.�l �� ��l�- �'L'°� .� My cozz�rnission expires: � �. �`�-�� . ______ - JOSEPH�N� M€�RENC3 �dotary Pliblic - N�#ary Sea! STATE OF MISS�[JRI .9ackson County , P�ly Cose�mission Expires Apr. 2, 20t6 Commissian # '[2495045 -2- � Etecorded in Platte County,Missouri Recordit�g DatelTirr�e:02/081201C at U1:32:�6 PM lns�r Nurn�er: 2(}'€640'E566 ,"",,, --. ,l��O�pER OF-��; Book. 1256 Page: 3g5 ;�,�.• ':�o= :�• •N' Type: D7:AGMT ;r:�,� ;�; Pa es_ '9. 3 '11 =���;., � .•y5�; �ee: $5�4.G�S - • ti �-�oun�rr,�;,,, •,.,��+�� Gloria Boyer �7ectronical{y Recot'ded Recorder of Deeds ��5���g -� {S��ue al�ave rese�t%ed for lieearder o,f 17eeds certi,�cation} ������ ��� T��'�,� THIS �(3�UMEN's :� ���FII ED TQ ��gtRECT T�LEG�I.I?ESCi�]PTd4�T �1�TT�'H�T CI�RTAIN �'!]�T �1VdEND11�NN'�` �F LEASE AG�EEMEI�IT, IY�EMO�NDUIV� OF �.]E�S� AGRE�IY�Iv'�'', PFR�"ORMANCE A�1�JENIE�T Al� 1ViEM��TJLl�d t����RlE'�R�VIAI�IC� A�]1��1VI�N'�" �IA�ED JAl►��ARY �, �Q�6, �C� WA� �LED gN T1H[E �tEC�Y2Dl�ll� OF 1?EEDS �F�CE IN�L�1'� �t3YTl�TTY,MISS�URI, DN JA�LJA,�.t'f�' �3., 2016,.AS D�CU�I�t'J� #2�.1GOOD349 R�C�RI1�� A�i S�l�I� 12�a, �A�E 1.85. �� C��1t�C'�'E.1D I,�GP�L �DFS��P'�'IQN IS SET�'��2�][�N�A�E�-5�lF T�S.�NS��iT_Tl�E1�T. . Titl�r,f�ocur�e�at: First,Amendment of Lease Agreemen�,lVlemorandt�n of�Gease.Agreement,P�rforri�arice.Agr�ement and Memorandura�of Pe��ormance�.gree�ne�t (Corre��ion} . �ate m,f Dacurraera�: 7anua�� 1,201� Grantar: City of Riverside,Missouri fi�r�urttor�'s 11�ailrr€g�4.ddress: 295�N_itV.Viviorx Roac�,Ri.verside,Missouri b415� �ru�rtee. � ]P;remiuzn V4Tatar�,�n.c. ��ar�tee's�faiLingA�dress: 2�,00 Sur�naer St:�eet,NE, Suite 2�� Mi�neapoli.s,�i�.esata �5413 Legai�escri��ion; S�Pag�A-S .�tefe�rer�ce B�ak urtc�Pczge(s). Baok 1186 a.t Page 7�5, and Boc�k �1 SG at Page 7A-� and Book 125� at�age 185 Th�s cc�ver page�s attached so���y f�r th�p�rpose a��co��I���ng vv���i;�ie r�uire�en�s st�€ted 'u� �§59.3�0.2;59.3�3.2 R��ritsed�issr�ur�Sta��. . ���'����� � {Space above reserved for Recordet�a,f Deeds certification) �������������"��i 8a�� THIS DOCI7MENT I� BEI� FYLED TO CORRECT �'I3E I.EGAL DESCRIPTION ON T�IA�' CERTAIN FTRST AMENDMENT OF LEASE AGREEMEN�, MEM�RA�OTDL]M 4F LE�SE AGRE�IVIENT, PERFORMANCE AGREEMENT AND MEMORANDUM OF PERFORMANCE A.GREEMENT DATED JANUARY i, 2016, W�IICH WAS �'ILED IN THE RECO�tDER OF DEEDS OFFIC� IN PLATTE COUNTY, NIISSOURI, ON JANUARY 11, 2016, AS DOCLTMENT #2016040349 RECQRDED IN BOOI� 1255, PAGE 185. THE CORRECTED LEGAL DESC�F�I ION YS SET FORTH ON FAGE A-5�F THIS�NS�ItL]1VIENT. Title af Document: First Amendment af Lease A�reement, Memoran.du�. of Lease Agreement,Performance Agreement and Memorandurn of Performance Agreezzaent (Correction} Date of Document: January 1, 2016 Gr�antor: City of Riverside,Missouri Grantnr's MailingAddress: 2950 N.W.Vivion Road, Riverside,Missauri Ca�150 Grantee: Premium Waters, Inc. Grantee's Mailing Address: 2100 Summer Street, NE, Suite 204 Minneapolis, Mir3nesota 55413 Legcal Description: See Page A-5 Reference Baok and I'age(s): Book 1�86 at Page 735, and Bo�ok 11$6 at Page 740 aaxd Book 1255 at Page 1$5 This cover p�ge is att�ched solely for the purpose of eomplying with the requirements stated in §§59.310.2; 59.313.21tevised M�ssou�-i Statutes. FIRST AMENDMENT OF LEASE AGREEh�IENT, MEM�RANDUM OF LEASE AGREElVIENT,PERF�RIO�ANCE AGREEMENT AND MEMORANDUM 0F PE�tFORMANCE AGREEMENT(CORRECTIDN) by and betweea�. CI�'Y OF RI�ERS�E,NIISSO�TRI �nd PREMIUM WATERS,�NC. Datecl as o�January 1,2016 �iela�ia�g to �sa,000,aoo �AX-EXEM]PT INI)USTRTAL 1tEVENUE B�NDS {PREIWIIUM�'ATEILS,INC.PROJECT� SEItIES 2012A �5,000,000 SUSORIDINATE TAXABLE YNDUSTItIAL R�VENL]E BONDS {IP�tENIIUN��ATERS,INC.PROJ�CT) �ERIES 20128 7378641 vt THIS 130CUMEN7C�S BEING FILED TO CORRECT THE LEGAL DESCRIPTIOI�T ON THAT CERTAIN�'YRST AMENI?MEN�OF LEASE AGRI�EM�NT, MEMORANDLTM OF LEA�SE AGREEMENT,PERFORMANCE AGREEMENT ANll 1VIEMORANDUM OF PEAFORMANCE AGREEMENT DATED�ANUARY 1,2Q1G,WHIC�I WAS FILED TN THE RECOIZDER OF �DE�D� OFRTC�'IN PL�TTE COUNTY,NIISS{}URI,O�T JANi]ARY 11,2016,AS DOC[T10i�ENT #201G000349�2ECO�ED IN BOOK 1255,PAGE 185. THE GORRECTED L�GAL 1C�ESGRIPTIOI�I IS SET FO�tTH ON i'AGE A-5 OF TI�I�INSTRUMENT. � FIRST AMENDMENT OF]LEASE AGREEIVIENT, MEMORE4NDLTl�I OF LEASE AGREEMENT,PERFOd�IAINCE AGREEMENT A1�TIl MEMORANDUTVI OF FERFORIVIANCE AGREEMENT{COIPRECTION} THIS FIRST AMENDMENT OF LEASE AGREEMEN�, 1VIEMORANDUIVI �F LIEASE AGREEMENT, PERFORMANCE AGREEMENT AND MEIVIORA.N]DI7M OF PERFORMANCE AGREEMENT (CORRECTION) (the "First Amendment"), dated as of the date set forth on the cover page hereof, is made and entered into by and betvveen C�TY OF RIVERSIDE, MISSOiJRI, a fourth- class city organized and existing under the laws of the State of Missouri (the "Issuer"), as lessor, a�d PREMIUM WATERS,Il�iC.,a Minnesota carporation(the"Company"),as lessee WI'I'NESSETH: WHEREAS, the Issuer is autborized and empowered pursuat�t to the provisions af Article VI, Section 27{b) of the Missnuri Coz�stitutzon aud Sections 100.010 through 104.20(}, inclusive, of the Revised Statutes of Missouri, as amended {collec�ively, t�e "Act"), to gurchase, construct, extend and improve certain projects (as defined in the Act) and to issue industrial development reveuue bands£or the �urpose of providing funds to gay the costs of such prajects and to lease or otherwise dispose of such projects to private persons or corporations for manufacturing, commercial, warehousing aaad industrial development pu�poses�pon such terms and conditions as the Issuez'shall deem advisable; and WHEREAS, pu�rsuarit to the Act, the governing body of the Issner issued its $10,004,000 m�imum principal amount of T'aac-Exempt Industrial Revenue Bonds (Premuuim Waters, Inc. Project}, Series 2012A (fhe "Series 2012A Bonds") and $5,000,000 maximum principal az�ount of Snbordinate T�able Industrial R��enue Bonds (Premium Waters, Inc. Project), Series 2012B (the "Series 2012B Bonds,"the Series 2012A Bonds a�nd the Series 2012B Sonds colJectively,the`Bonds"), for the purpose of acquisition,construction and equipping of an appro�imately 165,000 square font rnanttfactu�ng�acility with related a�zce space to be located on a�iproximately 14.4 acres generally located at 4301 NW Matto� Road in Riverside, Missouri (the "Projeet Site"), and constructing facilities thereon, including fixtures relating t�ereto {t�te "Pro�ec�Imp�rov��nea�ts," and with the Project Site coXlectz�ely the "Projec� Re� Property"), to b�used for znaz�ufacturing putposes. WHEREAS, the Tssuer leased the Project Site to the Company pursuant to a Lease Agreez�ez�t dated as of February l,241.2(the"Lease"). -2- WHEREAS, the Issuer and th�Company e�tered into a Memorandurn of Lease Agreement dated as of Feb�ary l, 2012(the"Memorandum of Lease"}to provide notice of the Lease�ir�the real progerty records of Rlat�e County, Missouri and the Met�aorandum af Lease was recorded on March 1, 2012 in ]�aok 1186 at Page 735. WHEREAS, the �ssuer and t1�e Com�any entered into a Performance Agreement dated as of February l, 2012.(the"Pe�qx'mance Agreement'} and Memorandunn of Performance Agreement dated as of Febniary 1, 2012 (the "Niemorandum of Pe�orn�anee Agreement"} to provide notice of the Perforn€kance Agreement in the real property records of Platte Caunty, Missouri and the Memoxac�du�n of Performance Agreement was recorded on March 1, 2012 in Book 1186 at Page 740. WHEREAS, the Series 2012B Bonds are no longer Outstanding and all of the Series 2012A Boncls are awned by Wells Fargo Bank,National Association. WHEREAS, the Issuer and the Company desire to aznend the Lease, the Memorandu�n o�Lease, the Perfor�nance Agreement and the Memoranduna of Performance Agreement to amend tl�e description of the Project Site attached thereto. NOW, THERE�ORE, in coz�sideration of the premises and the mutual covenants hereinafter contained,the parties hereto covenant, agree and bind theznselves as follaws: ARTICLE I DEFIIViTIONS Section 1.0�. Defni$ions. For aIl purposes of this First Amendment, except as otherwise provided or unless the context otherwise requires, r�vords and terms used in this First Aznendrner�t have the same meanings as set forth in Sectinn 1.01 of the�ndenture and Section 1.01 of the Lease. r�RTICLE II REPRESENTATTONS Secti�n 2.01. Represe�tations by the Tsseaer. 'The Issuer represents and warrants as follows: (a} T�e �ssuer is a fourth-class city duly oxg;anized and existing under and pursuant to the Constitution az�d laws of the State, including the Act, and is authorized by the Act to execute and to enter into this First Amendzzaent and to undertake the transactions contemplated k�erein and therein and to carry out its abligations hereunder and thereunder. (b) The Issuer has aIl requiszte power, authority and legat�ght to execute and deliver the First Amendment to which it is a party and to perfoz7m and observe the provisions thereof. Sec�ion Z.Q2. Represe�tations by �he Compa�y. The Company represents a�d warrants as foilovvs: (a) T`he Cornpany (i)is a corporation organized and existing under the laws of the State o.f Minnesata, (ii) has orgazaizational and other legal pawer and authority to enter into and to _3- perfor�n the agreements and covenants on its part contained in the First Amendment(iii)has duly authorized the execution,delivery and performance of the First Am�ndment. (b) The exec�tion and delivery E�y the Company of the F�rst Amend�er�t to which it is a party and the perfonn���ce by the,Co:mpany of its obligations thereunder (i)do not vzolate provisions af statutory laws or regtilations ap�licable to the Cotaapany, (ii) do not violate its articles of incorporation or bylaws, (iii) do not breach or result in a de�ault under any other agreement to which it is a party and {iv}do nat violate the terms of at�y judieial or administrative judgment, oz'der, decree or arbitrai decision �hat names the Company and is specifically directed to it or its assets. f11�TICLE II[ AMEI�DMENTS O�'�HE LEAS�,MEMOItAN1�UM OF LEASE,PERFO�.tI�J[ANCE AGRE�MENT AND MEMORANDUM OF PERFQR�IANCE AGREEMEN7C Section 3A1. Amendments. (a) The parties hereby ametzd the Lease, the Memorandum of Lease, the Perfoa•mance Agreernent and the Menao:raz�dum of Perfor�nance Agreement to provide that the attached E�ibit A be substituted for tl�e descriptiou of the Project Site and the Exhibit A in the Lease, the Memorandum of Lease, the Performance Agreement and the Memorandutn of Performance Agreement. (b) The parties hereby amend the �ird recital to tlie Lease by deleting such recital in its ent�rety anii in place thereof inserting the follow.ing: WHEREAS, in order to fizrther the purpos�s of the Act, the Issuer proposes to undertake the financing of the acquisition, constructian, itistallation atad equappi�g of a� approximately 165,000 sc�uare foot znanufachiring facility {the "Project Improvements")located on approxinaately 20 acres generally located at 4301 NW Mattox Road in Riverside Missouri, as fiirther described i� E�hibit A to this Agreement (the "Project Site" and, together with the Project Improve�x�ents, the "Project"), and to obtain the funds therefor by the issuance of its Boncls under and Indenture of Trust dated as of the date hereof(as amended, restated, supplemented or otherwise modif'ied from time to time,the"Tndenture")between the Issver and the Trustee, securing such Bonds; and Section 3.02. Tax Abatement. The parties hereby agree that the Performance Agreement provisions tliat require 100% wil� alsa apply to the Exhibit A attached hereto and that any future improvements constructed on E�i�it A shall not be entitled to any sales tax exemption for construction rnaterials. ART�CI.E IV NIISCELI.ANEOU� 5ec�ion 4�A1. Applicalbility of t}�e T,ease, Memora�dum of�.ease,P�rformaaiee Agreeme�t �nd iV�emarandurn of PerFormance Agreement. Except as otherwise provided zn this k'i�rst Arnendment,the provisions o£the]Lease,th�Memorandum of Lease, the Performance Agreement and the -4- Memoranduzza of Performance Agreement are hereby ratified, approved and confirmed and �ncorporated herein. This Fixst A�tez�dment shall be constraed as having been authorized, executed and delivered under the provisions of Section 8.03 of ihe Indenture. Sect�on 4002. Bi�ding Effect. 'I'�is Agreement shall inure to the benefit of and shall be binding upon the Issuer;the Company, and their respecti�e successors and assigns. Section 4.03. �everability. In the ev�nt az�y provision of this Agreement shall b� held ir�valid or unenforceable by any court of competent jurisdiction, such holdi�g shall not invalida"te or render unenforceable any other provision k�ereof. Section 4.04. Execution in Counterparts. This Agreennent rt�ay be executed in several counterparts, each of vvk�xch, taken together, sha11 be an original and all of vvhich sha�l constitute but one and the same instrument. Section 4.05. Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the State. Section 4.06. Electronic Storage. The parties agree that the transaction descriEied.herein may be conducted and related documents may be stored by electronic �neans. Copies, telecopies, facsimiles, electronic files and other reproductions of original executed documents shall be deemed to be authentic and valid count�rparts of such ariginal documents for all purposes, including the filing of any clairn, action or suit in the appropriate court of law. [Remainder of page intentionally left blank] -5- IN W�'i'NESS WIIEREDF, the Issuer and the Company have caused this First A�nendment to be executed in their respective Iegal names a�d their respective corporate seals to be �ereunto affi�ed, and the sigtaattares of duXy autharized persons to be attested,all as of the date first above written. CITY OF'RIVERSIDE,MISSO�JRY - � 7 4. �f�` '�*y p . ^ � E�� �✓... ' � ��F� � ��a t��i K �� ;�,^��a � � x ,� � f By = ' �, ,;,. s �, � =k , � �'� �`�" � F� � Mayor , � �� � :.� ,:. ,.�� � .. � ° ;� ,�� � =Z � � � ::r� � � ;;[�SEt��;j . r� ' � ., ,� � �� �a�T'��'�',s�:��-� �' `��, 4 � � � ':� �-�'"`�...�.__.'.,, _ ., . . By: City Clerk ACKNOWLEDGMENT STATE OF MISSOURI ) ) SS. COUNTY OF PLATTE ) On this ��day of ���a�:� , 2016, before me, the undersigned, a Notary Public, appeared KATHY ROSE and ROBIN , to �x�e personally lcnown, who, being by me duly sworn, did say that they are the Mayor an �'i�y Ierk of the GITY OF RIVERSIDE, MISSOURI, and tliat the seal aff'v�ed to th�foregoing instrument is the corporate seal of said City, and that said instrument was signed and sealed by authority vf its Board of Alder�x�en, and said officers acknowledged said insttuznent to be executed for the purposes therein stated and as the free act and deed of said City. IN TESTIlVIONY WHEREOF, I have hereunto set my hat�d atad affixed my official seal in the County and State aforesaid,the day and year first above written. �� � � Name: �C�.���G c� Y �a��� . Notary PubZic in and for said State (SEAL) RE�SEA Y P�LE �ot�r�r Putilic-��ry S.eai State o6 Misso�rl.Platt��ouMy My Cornmission Expires: ����a� . �i � ��, �l-7 My CQmr�ission Experes.Apr!6,2 �.7 A-1 PAE1VdIU1VI WATERS,I1VC. By: Name- : A.Zarda Titi : Se ice President ACKNOWLEDGMENT STATE OF MISSOURI } } SS. COUNI`Y OF 7ACKSON } On this���y of ��� ��`�1 , 2016, before zne appeared Bernard A. Zarda, to me personally kaaor�a, who, being by me duly sworn, did say that he is a Senioz Vice President of 1'1ZEM�UM "6�6�A7CERS, INC., a Minnesota corporation, atzd that said instrument was signed i� be�alf of said corporatian by authority of its Soard of Directors; and saad individuai aclrnowledged said instrument to be th�free act and deed o.f said corporation and that said corporation has na co�rporate seal. IlV TESTIMONY WHEREOF, r have h�reunto set my hand and aff'ixed my official seal in the County and State aforesaid,the day and year first above written. ������ Name� `�.� �ta�. �2cc� �- � Notary Pubiic in and or said State (SEAL) My Commission Expires: / I � t JOSEPHlN� A��RENo Motiarry Publie - l�otary Se�� 5��17� O� MISSvl1R� Jacksvn County - My CoreZmissiDr� Expires.�pr. 2, 2#�16 �+OR1PT115SfQ11 � '������a"j A-2 CONS�NT OF�ONDOVt'NER Wells Fargo Sank, National Association as the sole �-iolder of ali of the Series 2012A Bands hereby consents to this First Amendment. WELLS FARGO BANK, NATIONAL ASSOCIATZON � Na . � 1n.�. � �. ItS: a.fJ� �,,�5.: ___ ACKI�OWL�DGMEN�' � STATE OF ) ) SS. COUNTY OF� ) On this � ciay of t`e-�X'a�a-� , 20I6, before rne appeared �_�i `. er� ,to me�ersonally known,who,being by me duly sworn,did say that he/she is a 1f�c=e �e,_5€c��_____ __ of WELLS FARGO BANK, NA'i'IONA�. A$S�CIE9.TI�N., a national banking associatian, a.nd t.hat said instrument was signed in behalf of said natior�a.l.banking association by auY�ority of zts�oard of Directors; and said individ�al acknawledged said insmzment to be the free act and t�eed af said carporatian. TN '�STIMONY WIIEREO�, � hav� h�reitnto set my hand and aff�ed my of�cial seal in the County and Staxe aforesaid,the day ar�d year first above wnitte:n. HEA�`N�R 5C�lAG� "�� �rnmission N��6er 758591 � � Naa�ae: `,�,` �y Gor�mission�iros 06144i��1� {SEAL) E My Com�ission Expires:_�,�—�— 2-C�E'x � A-3 : ;� t CONSENT OF TRUSTEE Wells Fargo Bank, National Association as the Trustee under the Indentu.re hereby consents to this First Amendrnent. WEIILS FARGO BANK, NA�'�O�TAL EISSOCIATY01`T B • Narr�e: M lieth . ones Its: Vice Presitle ACK1�06VL�IDGla9[ENT STAT�OF COLORADO ) ) �S. CITY AND COUNTY OF DEN V ER ) Oti this 4�` day of February,201b,before me appeared Marybeth K.Jones,to me pearsonally known, who, be'vng by me duly sworn, did say that .hels.he is a Vice President of WEL�;S FARGO BANK, NATIONAL ASSOCIAT�ON., a nationa� banking assaciation, and that said instrument was signed in behalf of said national banking association by autbority af its Board of Diurectors; and said individual aclrnowledged said instrument to be tl�e free ac�and deed of said corporation. iN TESTIMONY WHEREO�, I have hereunto set my k�and and affixed my official seal in the County aaad State aforesaid,tlte day and year first above written. IYL • �� N e: Et1�el M. Vick {SEAL) ETHEL�!ViCK My Commission Expires: ����1 ' p�' 1 � . ��T'4RYPlJB�f� STATE OF COLORA�O NQTAFtY ID 1987�21012R MY COMMl5Si0N EXAlRES RPRIL i5,2017 A-4 EXHIB�T A PROJEC7C��TE LOT l.,ARG� iN1eiOVATION PAItK 3R1�PLAT,a sulbdivisao�in The Cit�mf]C2iverside,Platte County,Niissouri A-S Recorded in Platte County, Missouri - Recording DatetTime:[}2/fl$12016 at 01:32:56 PM Enstr N�mber: 20160(�1567 ,`,,,,",,,,. +� t�+' o��s oF , BOO�S: 1��� p��L: J�6 `+��c��� DFFo� :�� � "u'= � TYP�: DT AG MT =��_.� :�? `� ��� PageS:Q �•`�, � _:�o. Fee• $48AD S _��....._.•��5,�� • - auNr�c. �+` � "'��>�,�,u,'' . Electronicatl Recorded Gloria Boyer � Y R�corder of Deeds - �������"� �1 {'I`he above sgace is res�rved fc�r R�:order's Certifi�µac��..) ������ �����T��L���� � ��7[� Dt�C�J�ENT TS B]�ING�I��� T� C�RI�tE�'� T� �EGA����CRIP'1'IDN �N �T3�T CERT,�.II� F�RST AMENI��.EN� �`� I3�E1� �F TRYJS�', SEG�:��'�'' AGREEiV�E�I'7C � � Fl��`U12E Fl[�L][I���3.l�.TE�J1�i[�JA��11,2#}].6,WHL�T�[�A5 F��fi1�T T13��ECO�tIIER��' DEJ�S �FFiC�Il�I PL�3.'�'TE C[�Ui�T3�,��OUIti, �N I1�T€��R� �l, 2015,A�I�OCUTo�1VT #2fb16QOf13SA RE��RI)�D IlV ��(llK 1255, PA�� 18�'. T1HE ��RIL�C'I'�D �,EG�L . l]ESC�i�ON I� ST7C�C)RTH�N�'AG�S 4F T�IIS rNST�UM�l�. 'I'rg'�.E(}F Dp�[TMEN'T: FIRST A�ENDII�N'�'TO D�ED f�F TRU�T, SECURT�'Y.AGRELNI�NT 1�ND F�KTUItE F1I_.ING(CORREC'IT0�1} DA�'E�F L��OCUM��NT: . Ianuary I l,2�16 G1t.AI�T�'OR P�tEA�IlUIVi VJATERS, INC_ GR�41�1'��R'S MA]Y.�NNG ADDR�SS: 210(1 Sumr�er St. NE, Suz�2�3 Minn.eapolis, �izuzesota 55413 . G�AN'I`EE: WEI.T S F�RGO BAN�,NATTONAL � .ASS�CYATION GRANTEE'S N��,INC�1�DDRESS: 17�Broad�ay MA�C730d-107 De�ver, Ct��oxada 50�74 � RE�'URN DOCUNTEl�fi"I'S�'O: K�ta�Rack�I,P S�ite 275�, 3D3 Peachtre.e��reet,NE .A,�larzia, �A 30308 Attention: Ka.t�aerin�1�. Sailey,Esq. LE�AL T3lESCRIF'I`ION: 5ee Exhi�rit A on Pa;e,�� CR4�S �...�LREN�E: Book No. 11$G,Page 737 Book l�o. 12�5,Page �87 Tka�s cover page is a�ta�hed solely fo�r Che pu�pose of complyin�wi�t�e requirements stated in §§5�3I(}.2;59.313.2 Revised Nlissouri Statut�s. d�P���r'�``� �1 ('i'he above space zs researved for Recorder's Certification.} �������� U�L������� ��. THIS DOCUMENT IS BEING FYLED TO CORRECT TAE LEGAL DESCRIPTION ON Tf�AT CERTAIN &�RST AMENDMENT 7�0 DEED OF TRLTST, SECLTRITY AGREEMENT AND - F�XT[7RE �IL1NG DATED JANUARY 11,2016, �VHIGH WAS �[.ED IN THE RECORDER OF DEEDS OFFICE IN PLATTE COUNTI', MISSOURI, ON,�ANUAI2Y 11,20�6,AS DOCUMENT #2016040351 RECORDED IN SOOK 1255, PAGE 187. THE CORRECTED LEGAI, DESCRIPITON IS SET FORTH ON PAGE 8 OF THIS INSTRIIMENT. ` TTI'LE OF DOCUlVi�NT: FIRST AMENDMENT TO DEED OF TRLTST, SECURITY AGREEMENT AND FFXTURE FII.IIVG (CORRECTIONj DATE OF DOCUMENT: �anua.ry I1,2016 GRANT4R: PREMIIIM WATERS, INC. GRANTOR'S MAIL�NG ADDRESS: 2100 SUmmer St. NE, Suite 200 Minneapolis, Minnesota 55413 GRANTEE: WELLS FARG4 BANK,NATIONAL ASSOCIATION GRANTEE'S M,AII,JNG ADDRESS: 1740 Broadway MAC C7300-1.07 Denver, Calarado 8Q274 R�TLTR.N D4CUMENTS TO: Kutak Rock LLP Suite 2750, 303 Peachtree Street, NE Atlanta, GA 30308 Attention: Katherine A. Bailey, Esq. LEGAL DESCRIPTIQN: See Exhibit A on Page�� CROSS REFERENCE: Book Na 1186, Page 737 Book No. 1.255,Page 187 This co�er page is attached solely for the purpose of complying with the requirements stated in §§59.310.2; 59.313.2 Revised Missouri Stat�ates. FIRST AMENDMENT TQ DEED O� TRIIS�, SECUl�7�"�Y AGREEMENT ANI� FIXTURE FILING(CORRECTIOI� Granted By PRENIIUM WATERS,INC. ("Grantor"} for the be�efit a� WELLS FARGO BAI�TK,NATIONAL ASSOCIATION, as Trust�e ("Beneficiary") . Dated January 1�, 2016 PROPERTY ADDRESS: �t30�.NW MATTOX R�AD,R�VERSIDE,IV�ISSOUTtI: SEE E�HIBIT "A"ATTACHED HERETO. {THIS DEED OF TRUS�.'SECUR�S,AMONG OTHER THINGS,FUTURE AD`VANCE� AND FUTURE OBLIGATI01�1S AND IS TO�E GOVERNED SY TY3E PROVISIONS OF - SECTION 4�3.055 OF MISSOLTRI RE�ISED STATUT�S. THE TOT�I.PRINCIPAL AMOUI�TT OF F�.1T�TRE AD�AP�TCES AND FUTiJRE OBI,IGATIONS T�-IAT MAY BE SEC�TR�EI��-IEREBY YS $15,000,000) - -2- . THIS DOGUMENT IS BEING FILED TO CORRECT T�IE LEGAL DESCRIPTION ON THAT CERTAIN �'IRST AMENDMENT TO DEED OF TRUST, SECURI'TY AGREEMENT AND F`IYTURE FII.ING DATED�ANUARY 11,2016, WHICH WAS FILED I1�T THE RECORI)ER OF DEEDS OFFICE Ilv PLATTE C4UNTY, IVIISSOURi, ON,�ANUAItY 11, 20�G, A� DOCUMENT #241600�351 RECORDED IN BOOK 12�5, PAGE 187. THE CO�RECTED LEGAL DESCRIPTION IS SET FORTH UN PAGE S�F T'HIS INS�RUMENT. THIS F�RS'�' ANIE�TTDMEI��` TO DEED O�' 7CRU�T, �E��TY AGREEMEN'I' ANI) FIXTURE FILING (C(ORRECT'ION) (this "First Amendrt�ent"} is execut�d as of Janua.iy 1 i, 20�6 (the "Amendment Date"), b� PRENIIi]1VI yVATERS, INC., a Mi�esota corporation {the "Granta�'j, wk�ose address is 2100 5ummer St. NE, Suite 200, Minneapolis, Minnesota 55413 ta JOSE L. EVANS, an individual vvho is qualified to act and meets the requirements of a deed of trust trustee in the State of Missouri, as trustee {the "Trustee"), whose adclress zs 1Q01 Walnut Street, Kansas City, Missouri 64106, far the benefit of WELI.S FARGO BANK, NATIOIiiAL ASSOCIATI010T, a national ba�king association, as trustee uncl�r tl�e 7ndenture (as defined in the Deed of Trust, as hereinafter defined) (the "Beneficiary"), �rhose addr�ss is 1740 Broadway, MAC C7300-107, Denver, Cplorado 80274. WITNESSETH : WHER.EAS, the City of Riverside, Missouri (the "Issuer") has iss�ed its $10,Q00,000 Tax-Ex�mpt" �ndustrial Revenue Bonc�s (Premium Waters Inc., Project) Ser�es 2012A (the "Bonds"), pursuant to an Tndenture of Trust dated as of February 1,2012, between the Issuer and �he Beneficiary; WHEREAS, the Lssuer rr�ade the proceeds af the Bonds available to the Gzantor pursu�nt to that eertain Lease Agreernent dated as of February 1, 2012, between the Issuer and the Grantor, as azx�ended by the First Amendmeflt of Lease Agreement, Memorandum o� Lease Agreement, Performance Agreement ancl Memorand�m of Perfozxz�a�nce Agreement dated as of January 1, 20�6 (collective�y, and as further amended, suppleznented or modified fram time to tirne,the "L�ase Agreement"); WHEREAS, Wells Fargo Ba�k, National Associatian (the "Bank") purchased che Bands, and, as a condition thereto, the Bank requ�red the Grantor �o enter into a Continuing Covenant Agreement dated as o�February 1, 2012, between the Grantor and th�Bar�k; WHEREAS, to secure payment and perfpzx�aaz�ce of the Grantor's obligations �znder the Bond Documents; the Bat�k required the Grar�tor to execute and deliver a Deed of Trust, Security Agreement and ]Fixture Filing for the bene�t af the Be�e�ciary, dated Februazy 1, 2012, recorded Marcl� l, 2012, in the offcial records of Platte County, Missouri as Tnstrument Na_ 2012002918 (the "Original Deed of Trust" and, as amended hereby, the "Deed of Trust"); WHEREAS, #he parties wish to amend the Original Deed of Trust to inciucie, a�ang other things, the conveyance of additional collateral, as more particulaxZy hereinafter set forth. NOW, 'Y'HEREFORE, x� consideration of the mutual prornises and covenants set forth herein, and for other good and vaJuable consideration, the receipt and s�fficiency of which are hereby acknawl�dged, the Grantor and the Bertefieiary 1�exeby agree as fa�lows: -3- ARTICLE I AMEliiDMENTS 5ection 1A�.. Ame�dar�ent to Recitals. Tlie secand recita] to the Original Deed of Trust is hereby amer�ded by deleting such recital in i�s entir�ty �nd in place thereof inserting the folIowing: WHEREAS, the Lssuear w�ll zxiake available the proceeds af the Bonds to the Grantor pursuant to that certain L.ease Agreement dated� as of Februa�ry 1, 20�2, as amended by the First Arnendment of Lease Agreement, Memorandum of Lease Agreement, Performance Agreernent and Memoranduzn of Perforrnance Agreement dated as of Jai�uaty 1, 2016 (as further amended, supp�emented or modified frorn time to tizne, the "Lease Agreemerit") relating to the Bonds; Section 1.02. Affiendment to I,egal I)escrip�i�n. Exhibit A attached to the Original Deed of Trust is hereby deleted in its entirety arid Exhibit A attached hereta inserted in its place. ARTICLE II FULL FORCE AND EF�`ECT The Original Deed of Tr�st is hercby amended to the extez�t provided,in this First Amendment and, except as speci�cally provided herein, the Originai Deec� of Trust shall remain in fiil�force and effect in accordance with its terms. ARTICLE III GOVERNING Lt��V THIS RIGHTS AND OBLIGATIONS OF THE �'ARTIES UNDER THIS FIRST AMENDMENT SHALL BE GOVERNED AS PROVIDED YN SECTION 3.04 OF THE OItIGINAi.DEED OF TRUS7C. ARTICI.E IV HEADINGS Section headings in this First Amendment are included herein �oe convenience of reference only and shall nat have any effect for purposes of interpretaraan or construction of the terna.s of this First Amendm�nt. ARTICLE� COiJNTERPARTS This First Amendment znay be signed in any number of counterpart capies, but a.l� such copies sha11 constitute one and the same inst�ment. -4- ARTICLE VI REPRESENTATIONS AN]D WARRANTIES Each party here�o represents and warrants to the athers that t�zs First Am�ndment has been du�y autho�-ized and validly executed by it and that th�.Originai Deed of Trust, as hereby azaaended, constitutes its valid obligation, enforceable in accordat�ce wi� its terms, except to the E�tent t�at the enforceability �hereof naay be limited by bankt-uptcy, ir�solvency or other laws af�ecting creditozs' rights generally and s�bject to the application of general principles of equity, including, but nat Iimited to, the right o�speeif c performance. The Grantor further represents and warrants to the Beneficiary that, as of the Amendment Date, no De�au�t or Event of Default has occwrz-ed and is continuing. ARTICLE 'VII SEVERABILITY In the event that any one or more of th� provisions contained kzerein should be invalid, iilegal or unenfarceable in any �espect, the validity, legality and enforceabz�ity of the remaznzng p�ovisions contained herein shall not in any way be affected or a�npaired hereby. ARTICLE VIII DEFINiT�ONS Ail capitalized terms us�d herein and not defined shall have the meaning assigned ta such terms in the Originai Deed of Trust. AR�CLE IX . ELECTROiVIC STGI�TATLTRE; ELECTRONICALLY �IGNED DOCUMENT The �arties agree that the electronic signature of a party to this Fixst Amendrnent (or any amendment or Supplement of this First Aniendmeant) sha11 be as valid as an original signature o� such party and shall be effec�ive to bind such party to this First Amendment. The parties agree that any elec�ronicaJiy signed document{including this First Arnend�ent} sha11 be deemed {i) to be "written" or "in writing," (ii)to have been signed, and (iii) to constit�te a record established and �naintained in the ordinary course of�usin�ss and an original wz-itten record vvhen printed from electronic f les. For purposes hereaf, "electronic szgnature" means a manually-signed orgginal signature that is then transmitted by electronic m�ans; "transrr�itted by e�ectronic zneans" means sent in the form of a facsimile or s�nt �via the �iternet as a pdf(portable docum.ent format) or other re�licating image attached to an e-mail message; and., "eleccronically signed doeument" rrzeans a docun�ent transmitted by electronic means and containing, or to wh2c� there is af�xed, an elec�ronic signature. Paper copies or "pr�ntouts", if introduced as evidence in any judieial, arbitral, znedia�ion �r admin€s�rative proeeec�ing, will be admissible as between tl�e parties to tYie same extent and �tnder the same conditions as other original business recards created and maintained in documentary for�z. No �arty shall contest the admissibility of true at�d accurate copies of electranically signed docurnents on th� basis of the best evidence ntle or as not satasfying the business recozds exce�tion to the hearsay rule. -5- [Signat�re page to First Amendment to Deed of 7Cz-ust, Security Agreement and Fixture�'iling] IN WTI'NESS W�iEREOF, the parties hereto have execut�d this First Amendment to Deed of Trust, Security 1�greement and Fi�ture Filing, as of the day and year first above writ�en. - PREMI�M WA S,INC. By: . Zarda Se ice President ACKNOWLEDG�IENT �TATE OF MISSOURI ) ) ss. COUNTY OF JACKSON } fln this ���cla� of��/b� '` , 2016, before me appeaared Bernard A. Zaxda to zxa�e persona�ly known, who, being by€ne duly sworn, did say t�at he is the Senior Vice President of PRETVIIiJM WATERS, INC., a Minnesota cozporation, and that said instru�ent was signed in behalf of said corporatian by autharity of its Board of Dir�ctars, and said inc�ividua.i acknowledged said instrument to be the free acfi ar�d deed of said corporatian and tha� said corporatinn has no corporate seal. IN WITNESS WHEREOF, I have hereunto set my hand and af�xed my official seal the day and year last above written. ��.d�,.�-� Notary �lic � - Printed Nazza.e: ���� � '�'�-- ���=''� My coz�r�znissiaz�expires: � �/-'�/' �p J�a��PH[iVE AA��d��Np �c�tary �ubiic - 1Va#ary ��a� rTATE C��' l4����C3UR1 .J�cks��t Ccsunty �y C�mtniss#�n �xp��es Apr. �, 20$�. �ditl[TIISSfOfi �# '��4��(}45 -�- [Sigzaature page to First Amendment tn Deed of Trust, Secuxity Agreement and Fixture Filing] IN WITNESS WHEREQF, the parties hereto have executed this First A�endment to Deed of Trust, Security Agreement and Fixture Filing, as o�the day and year first above written. CITY OF luVERSIDE,MISSOURI : � � �`` � F � , ��.�.sy ,� � A ,. a � ��4 y B � �� . � y � N. �� �> � ��� �� -s-.f� � r�, Name: �����.�,� .� � -��e.r � � ` ' � �°�� � �� ���� Title: ]°�'`1��c�� F y ;, „x ` '���,��� ,�. "'ih L� � i � � � > . l`ff :�_ y�'p 6S <9. e. } d .,�.� , � �'.- e �w aa � AT7[�S'����,,:„ � � � � �' �� � Nam�:�;� ���a e��,o�� Title: `�- � t�CKNOWLEDGMENT STATE QF MISSOUR� ) ) ss. CQLTNTY OF PLATTE ) � � On this �`� day of � � , 2016, befare me appeared���er� �..���. and �SQ�a��;,,c_�r� , to rne personally knawn, who, being by me duly sworn, did say that they are the �,��,�. and ��-�� �°.���"� of the CITY OF RIVERSYDE, Ii�YS�OURC, and that the seal affixed to the foregoing instruz�a.e�zt zs the cozpoxate seal of said City, and that said znstruzxzent was signed and sealed by authority of its ]Board af Aldermen, and said officers acknowiedged said instrument to be executed far tlie purposes therein stated and as the free act at�d deed af said City. lN TESTTMONY WIIEREOF, I have hereunto set my hand and affixed rny official seal in the Caunty and State afoxesaad, the day and year first above written. ����� � Notary Public in and for said State Pzinted Name: `���,,�,,c� y ����C� My co�nmission exp�res: ���-� � f�,����� 39f��t�Y�L� r". l��BEC�A Y I�LE ;. Natar�rPsa�lic-�ota,ry S� -7- Natar�Puhlec-l�o4ary S�ai �1 State of RA'Essouri.'Pla�te Gaai�y State a(Missoug�.P�,�tie�a�[siy CvmmiSsion�1339fi786 Cam�sssion �133�6786 My Gam.mission,�Rpi[�s Apr i�;2Q'E7 tNy Cammissi�n�cp�r�s Apr 16�20�7, Y [Sig�atrare page to First Amendarx�en.t to Deed of Trust,Security Agreement and Fixture Filing] W�LLS FARGC3 SAi�K,NATIQNAL ASSO ON,as Seneficiazy S� �A Na�e: � •�L �c dc, Ti�e:� .J �� rr��,� .,.,,,,..._ ACKNOV�I,EDGNfENT STATE OF 1.�,w� ) ) ss. COUNTY OF�c�,�� } � 4n t�is �rY1� day of c�b , 2016, before me appeared __�i��,�, �.t)�c�t�� _, to me persar�ally known, vvho being by me duiy swarn, did say that he/she is uthe �'�,. ��eri-�- of WELLS FARGO BA,NK, NATIONAL A550CIA�`i�N, a nationa� banking associatian, a�d �hat said instrurnent was sig�ed in b�half of said z�ational ba��kang association by a�thority of its �ac�� �` �'�ec'ir+�S ,.and said intlividual acknowledged said instnamenC to I�e the free act and deed of said naraanal banking association. IN�WTrNE55 WHEREOF,I have here�a�to set rny hand and af�xed zny of�cial seal the day and year last above written. I#EA�'H�'i�SCH4��� �'�� ��i�ur��er 75�59i � �'���€s�� Notazy Public Printed Name: `�-�ra P�✓ ��C.��v My c�mmission expires: � r l� -s- E�HIBIT A LEGAI,DESCRIPTION OF LAND Lot 4,ARGO INNOVATION PARK,�sulbdivision in the City of Riverside, Platte Cou�ty,Mi�sou�i. and Lo�2,ARG4 I��{3V�TI(3N�'A�tK, a s�abc�ivision in t�e City of Riverside, Platte C�unt3', �Tassauri L��S As1�TD EX�E�'T: �411 th�t�Qr#io� vf s�it�Lot 2 �eserihed as falla�-s: �"omrnencing at the �c�rthe�s#cor�e�Qf saicl Lat 2; tl�enee coineiden��th the��st lirte of s�id Lat 2, So�th t�t�°28'S5�Vest,343.'78 fee�tc� the Point of Begi�ning; f�e�ce cont�n�ting �ang s�id E�st li��e,5guth QO°2S'S5�est,65.75 fe�t; �he�ce conti�ui�g ala�b said�ast Iine, l�orth 6�°23`28'� �'esf,375.25 feet; theance contina�ing�Ion� s�tfr�East line, S€�uth 00°28'S8" �'est,�1�.77 feet to the Southeas�corner thereof;t1�e�ce co�nc�dent with the 5out�line fl#' said Lai 2,Nart� G5°22'34"' ��est,3�8.3$ feet�o the Saut�rvest'�orner�l�ereof; t�enee coibcic�ent v�7th�he�'�st�ir�e of said La�2,?Vorth ��°16'14" East,35�.4� fee�; thence c�ePartinb said V�est line, Sout[�S�°43'3�„ East,255.�5 feet; the�c� South fiS°23'28" E�st, 45�.62 feet to the P4inB crf Be��nnang. . All of tlie foregoing property now being known or described as: Lot 1, ARGO INNOVATION PARK 3RD PLAT, a subc�ivision in the City of Riverside, Platte County,Missouri. � 'I'EI�dAN'�' ��TOFP"�L �E�TI�ICA'�'E Tc�: As�ured Q�ality "T"rtle �'orn�any ("�lssc�re�"� Rc: I�.�asc �at�d (togetl�er with the i�nor�if�c�tians, arr��iic�;�ent� and assi��.�����ts listed o� ��.k��d�le A, t1�e "L���e"} b�tv,�ee�� t1�e C�ty �f �i:verside �tl�� ",�it�'"'), �s I.,andlcar�8, ��cl Prerr��u�n� ""�Jat�rs ("T�r��rat"�, as te�aar�t, �s a�e�a�ie�fl by I'irst t'tn�ei�d��aex�t�ta I.�eas� dat�� ias��i�ry �, �;a16. L�ase�1 P�•ernises: See �xhiY�it C�, attac��cd h�r�t+� The Ci�y 1�ere�y certifies tc� �1ssa�ied t�zat �s �f t1�� date here�f: 1. I.acase. 'T'h� I e�s� is nn fi��iL �'orce ar�d ��'ie�t an�i &��s nca� lae�r�r tnc�dified, arrn�ncV�d at- a�si���ci �xc�pt as ra��rd�fi�ti b�tYne Firs�C-�mendnaent��s�ribcd ab�v�, 2. �w1� I�e�'ar�lt. Tc� tl�� City'� flcr�caw�ed�e, tl7ere rs currea�tly i�o defaul� c�r ev�i�� which w�th ��7� passa�� �a�'ti�r�e c�r�1-�� �;ivi�� c�f`nc��flc� �v�a�Ylc� �ansti��.�te a def�����, tamder the L,�ase. T1ze �Qty �xe�ut�s t�'7is Ccrkific�.te lcrac�wing �hat the tratth c�f tihis +��rf��c�tte �vvi�1 be r�lie� c�n by A�sur�d. I���e�: Jant�a�y�, 2t�16 °T"�-I� �ITY �7►F �IV�RSIl�E, �IS�!��R� , ,s�"�" �, B�y: f l�`��..�:..�' � I'�az�e: .I�ath�een L. R�se `Ti�l�: Ma��r �.���c�t��u i EXHIBI�' A PROJECT ,SITE Lot l., ARGO INNOVATION PA�{ 2ND PLAT, a subdivision in the City of Riverside, Platte County, Missouri LESS AND EXCEPT: That part formerly knovvn as "All o£ Lat 1, ARG� INNOVATION PARK, a subdivxsxon in the City a£Riverside, Platte County, Missouri." ASSURED QUALTTY TITLE COMPANY Case No. MP 105179 Af�da�vit as to Rea! Estate The undersigned, herein referred to as Affiant (whether one or more), o�lawFul age, being first duly sworn, upon oath states: � 1. That this affidavit is given for the purpos� of inducing ASSURED QUALITY TITLE COMPANY and its underwriter (the "Campanies") to issue its polic� or policies of title insurance pn the above captioned title conlmitment; 2. That Affiant is the lawfi.il owner in Fee Simpl� of t�e following described land in Platte County, State of Missouri, described as follows (prior to recording the Replat): Lot 2, ARGO INNOVATION PARK, a subdivision in the City of Riverside, Platte County, Missouri LESS AND EXCEPT: AlI that portion of said Lot 2 described as follows: Commencing a� the Nor�heast corner of said Lot 2; thence coincident r�vith t�e East line of said Lot 2, South 00°28'S5" West, 343.78 feet to the Point of Beginning; thence continuing along said East line, South� 00°28'SS" West, 65.75 feet; thence continuing along said Eas� �ine, North 65°23'28" West, 376.26 feet; thence continuing along said East line, South 00°28'S8" West, 4�0.77 feet to the Southeast corner thereof; �hence coincident with the South line�of said Lot 2, North 65°22'38" West, 358.38 feet to the Soat�wesf corner thereaf; thence coincident wvith the West line af said Lot 2, North 00°I6'14" Eas�, 36�.46 €eet; thence de�arting said West Iine, South 89°�3'35" East, 2SS.95 feet; thence South 65°23'28" East, 455.G2 feet to the Point of Beginning. 3. That there are no outstanding sales contracts or options to purchase and no one is in possession of said prernises under lease ar otherwise, which would prevent giving possession of said property; other than (a} that certain Real Estate Sale Contract made effective January 1, 2016, between The City af Riverside, Missouri {Seller-City} and Premium Waters, Inc. (Buyer�Premium Waters) for the saie o£the premises, and (b) that certain Lease Agreement dated February 1, 2012 (as amended by that certain First Amendrnent dated effective ranuary 1, 2016), between the City and Premium Waters whereby Prerniurn Waters is a t�nant in possession in the prerriises. 4. That all real estate taxes, City, Speciai and State and County, which are now due, have been paid (or will be paid at closing by Premium Waters), and that no notice of special tax has been received; WA 7575242,2 5. That to the best of the City's knowledge, there are no unpaid bills for rn.aterials furnished or Iabor per�ozmed on said premises for the benefit and on behalf of Premium Waters, for the twelve months irrimediately prior to this date; 6. That there are no autstanding sales cantracts unpaid or due, and, to the best of the City's knowledge, there are n0 �utstanding security agreements or unpaid invoices for any heating, plumbing, electric or other equipment attached to said real estate; � 7. That there are no outstanding unrecorded instruments that would affect title to th� above described property at tnis date; S. That there are no judgments against Affiant nor are there any suits pending, proceeding in bankruptcy, or other proceedings in the District or Circuit Courts of the United States to which the said Affiant is a party. No Income Tax Lien, either by the Federal Governrnent or the State of Missouri, are in eff�ct against this affiant. �RemaindeY of Page Intentionally Left Blank—Signatut-e Page to Follow] 2 WA 7675242.2 �'iiy a�f R"�erside, N'[iss�r ri �ry: � �i��/� . �'1/1��'C�T ° . '�` ✓,,µ. �l` �F µ se. l .t`�:A Y��'1�, . S � . . �� � �+ws. � .J �..=��".a��„--� .��'r �i:ty �lerfl� �TATE �F MI��Q�,Jl�I ) � �� �QLTT�iT� t��' `���t���..... � � 5ubscribcd airod �vv�nm t�a, befi�i� i�e, this�d�y a�"Jara�a�ry, ��16. 1''�� ter-r� ��p�res: �`��,'�� �`��.��' ,�'�" � � , .., � � A� �� ..°�;Y�J� �C�8IN�IUNC�G� P'avnt&�1a�ne �,�`• "'' �;: Pw�,��ian�cgic� � {�T,AF�k'";,�� �,��� .S�,4L C�i�tiCc�l ty r''"�� �:�?F't�,"'`'w issit��4 1 �� � �. � � � ,. �j �'1 C°,�,� � T`�+�tary �'ub�ic � w�,���az�2.z Recorded in F'la�te C�unty, Mrssouri _ Recorc�ing Da#e1Ti�e:fl21()81201 C at 0'[:32:56 PAII �nstr Nurr�ber: 201600'i568 �,,`",",,,�, F�� �pER OF�', Book: �25� Page: 397 ;�,G°_ �FFa_ Type: DT AG14tlT `�� ��,3.Ju� .¢? �BL�@S:rj _ T"��+ .�` fee: $36.OU S _�F�••...�•;��55�`' . our�T�. ,� "''��.,�„���` �Fectronicatf Recarded ��oria aoyer Y Recorder of 17eeds Vd�en�ecorded,t�is instrumenC sh€��i:i be returned to: � City of Riverside,Missauni 2450 IV�Vi�vion Raad Ri�rerside,MO b4150 Attri: Sara�Wagner ($36)741-3993 �,����� � � �. ����'S€''� s; T�`I�OC, �� . ,ILED TO COI.tRECT'1TIELEGI'�I.DESCItIl�Q�TS�N'THAT CE1tT�TN�:Gk�E�M�:NT ALLOCATII�G BENEF�TS F�R i,EVEE]]�S�'R��T Tf1X ASSESSMENTS DA.TE�IAN�UARY l,2UIfi,WHYCH V[�AS FILEB IlV'�f�iE RECOIt]DER 4F.I�EEDS��CE YN PLATTE�d�FNTY,MISSOUR�Ol'�I�ANLTARY I 1,2D1+6,AS]��CLTh�Ex'�IT#�20�60D0354 R�CORDEI�]I�T BOOK 1255,PAGfE 19E3.THE CCJ�RECTED LEGAL DESCRIPTlQNS ARE SET P�R'�"H ON THE COVER PAGE AND P1�.GE 2 OF TfIIS INSTRiTiVIEN'i'. � Tit�e of Docum�,ut. Agreer�ent Allocat�tg�3enefits foz I.evee District Tax Assessments R�latu�g to tlxe Ri�erside Qwindaaro Bend Levee][7istrict of Plxlke County, Missauzi(Can-ectian} Fffectiva Date af Dacu�nent: January l,2Q16 Grantc�rs/Grantees; C�4ty o#'Riverside,Mi.ssouri 2950 NW'Viviozz Roa.d Riversid�e,M[4 541.50 Prenr�zum V�aters,Inc. - 2100 Surnrner St.NE Suite 200 �i�z�eapolis,MN SS413 Lega] I7escript�on: i.ot 1 and Tract A,A,RGO II�TNOVATIC�N F�1RK 3�PLAT,a sulxlivision in�e Cat�o�Riverside,Platte Coun�y;Missnuri Referznee Book�d Pa�e(s): l3�OK 1255,PAGE 190 S�Et]75(X3d4_l When recorded,t�is instrument should be returned to: City of Riverside,Missouri 2950 NW Vivion Road Riverside,MO 64150 Atin: Sarah Wagner (8i6)741-3993 �����a�`� � S�� - ����3�F�� �_ TI�IIS DOCUME ILED TO CORR�CT'1 HE LEGAL DESCRIPTIONS ON THAT CERTAIN AGREEIVIENT ALLOCATING BENEFITS FOR LEVEE DYSTRICT TAX ASSESSMENTS DATED JAN�JARY l, 2d16,WHICH WAS FILED IN THE RECORDER OF DEEDS OFFICE IIV PLATTE COUNTY,MISSOLTRT, ON 7ANUARY 11,.2016,AS DOC�JIVIENT#2016000354 RECORDED IN BOOK 1255,PAGE 190. THE C012RECTED LEGAL DESCRIPTIONS ARE SET FORTH ON THE COVER PAGE AND PAGE 2 OF THIS INSTRUMENT. � Title of Document: Agreernent Allacating Benefits for Levee Dzstz�ct Tax Assessments Relating ta the Riverside Quindaro Bend Levee Distz�ct a£Platte County, Missouri(Correction) Effectave Date o�Dacument: January 1, 201b GrantorslGrantees: Czty of Riverside, Missouri 2950 NW Vivion Road Riverside,MO 64150 Premium Waters,Inc. 2100 Sum�ner St. NE Suite 200 Minneapolis, M1V 55413 Legal Descxiption: Lot 1 and Tract A,ARGO IlVNOVATION PARK 3RD PLAT, a subdivision it�the City of Riverside,l'latt�County;Missouri Reference Book and Page(s): BOOK 1255, PAGE 190 WA 7750004.1 THIS DOGUMENT IS BEING FILED TO CORRECT THE LEGAL DESCRIPTIONS ON�HAT CERTAIN AGREENdENT ALLQCAT�NG]B]ENEFIT�FOR�,EVEE DISTRICT�AX ASSES�MENTS DATED�ANUAR�'1,2016,WHIClH�'VAS FILEID IN THE RECORDER OF DEEDS OFFTCE IN PLATTE COLTNTY,NIISSOUI�I,ON JANUARY 11,2016,AS DOCU].VIENT #2{116000354 RECORDED IN B�OK 1255,PAGE 190. THE CORRECTEID LEGAL DESCR�PTIONS�RE SET FOR'Y'lHC ON TIHE COVEIt PAGE ANI3 PAG�2 OF �H�S iNSTRiJMENT. AGIdEEMENT ALLOCATING BENEF�TS FOR LEVEE D�STRICT TAX ASSE�SMENTS RELATYNG TO THE RIVERSIDE QUINDARO BEND LEVEE D��TRTCT QF PLATTE COUNTY,IVIISSQUR� (Correcti.o�) T�xs Agreernent is made effective as of January 1, 2016 by and hetween TI�E CITY OF RiVER�IDE, MISSOURI, a city and political subdivision duly organized and existing under the Constitution and laws of the State of Missouri, having an address af 295Q NW Vivion Road, Riverside, M4 64150(t�e "Cit.y") and PREM1L7Ni WATER�,INC., a Minnesota corpora.tion,having an address of 2J.00 Summer St., NE Suite 200,Minneapolis,MN 55413{"Prenaiurx�Waters"). WHEREAS,In The Matter of Riuerside-Quandaro Bend Levee District Platte Caunty, Missouri, Case Na. 99 CC 00930, in #he Circuit Court of Platte County, Missouri., Sixth Judicial District (the "Court"), be�e£�its in the amount of $1,582,210.00 (`Benefits") were assessed against the property generally l�own in the Riverside-Quindaro Be�d Levee District af Ptatte County, .Missouri {"Levee District"j as Tax Parcel No. 23-3.0-06-OOQ-000-11.3.00Q {"Original Tract A") and Tax Parcel No. 23-3.0- 06-000�000-088.000 ("Ozigxnal Tract B", and together with Original Tract A, the "Original Tracts"}, which together combined for a percentage of the Levee District annual benefit assessments allocated to the Origiu�al Tracts of 2_10$140°Io; and WI�EREAS,the Le�ee District assesses annual debt service, maintenance and other taxes based upon the benefits assessed by the Court against each tract o£land; and WHEREAS,the Qriginal Tracts have been reconfigured and replatted into two new tracts ("New Tract A"at�d"New'�'rack B"described below and,together,the"New Tracts");and WHEREt�S, the Qarties desire thafi the Bene£�its of the Original Tracts be allocated between the New Tracis as set forth in this Agreeznent; and WHER�AS, after consulting with the Levee District, the parties desire to amend the allocation of Benefits and assess�xaents of axanual debt service, rnaintenance ar�d other taxes based upoz� the benefits assessed by the Caurt against the New Tracts as set forth in t1�is Agreement. NOVV TH�REFORE, in consideration of the mutual covenants a�d prernises contained in this Agreement, and other good and valuable conside:ratzon acicnowledged by t�e parties, the parties agree as follows: � 1 w���rs0004.i 1. I.egal Descriution of Ori�inal�'racfs. T�ze legal descriptions for the Original Tracts are as follows: Original Tzaet A{+/- 629,013 sq,ft.}: Lot 1,ARGO INNOVATION PARK,a subdivision in the City of Riverside,Piatte County,Missouri Oxagiz�al�ract B (-r/-410,034 sq.ft.): Lot 2,ARGO INNOVATI�N PAR.K,a s�tbdivision in the City of Riverside,Platte County,Missouri 2. I,e�al Description of New Tracts. Tk�e legal descriptions for the New Tracts are as follows: � � l�ew Tract A{+/- $74,913 sq.ft.): Lot l,ARGO INNOVATION PARK 3�PLAT,a subdivision in the City of Riverside,Platte County,Missouri New Tract B (-�/-164,007 sq.f�}: Tract A,.ARGO INNOVATION PARK 3R'D PLAT, a st�bdivision in the City of Riverside,Platte County,Missouri 3. A�lo�a�ion af Benefits. The parties hereby irrevocably agree t�at the Benefits shall be allocated from the Original Tracts between the New Tracts as follovas: N�w �ract A: $1,582,210.Q4 (Cozxabination of Original Tract A with +I- 245,900 sq. ft. from Original Tract B, including all developatale property from Original Tract B, resulting in a total percentage of the Levee District annual bene.fit assessments of 2.10814Q% allocated to New Tract A) Nevv Tract B: $0(+I- 164,00'7 sq.ft. fram Origitnal Tract B,comprised of property to be used for stormwater detention purposes,resulting in a total percentage of t�e I,evee Distriet annual benefit assess�nent of 0% allocated fio New Tract B) 4. �indang Effect. Ths provisions of this Agreement shall be perpetual covenaxats n�nning with the lar�d anc�" shall inure to the benefit of the Levee District, the parties and their respective successors and assigns, and be bi�ding upon the parties atzd their respective successars, assigns, and �-antees,including but vvitk�out limitation�, all subsec�uent owners of any parcel ar property affected hereby and all persons clai�ning under or through thezza. 5. R�pres�ntations and Warranties. Each of the parties to this Agreement hereby represents and warrants to the other that each person exeeuting this Agreement has the full power and authority to execute this Agreernent on behalf of such party and has the full�ower and authority to legally bind such party to the tearzzas a�ad condztions contained herein. b. Recordin�. Each of the parties to this Agreement consents to the filing of this Agreexnent in the 4f�ice o� the Platte County Recorder of Deeds and that a copy of such recorded document shall be provided to the Levee District by the C�ty. 7. Reliance and Tl�ird Partv�Bene�ciary. The Levee District shall be entitled to rely upon this Agreenaent in prepar'tng its T� Baok and all other records for the cut-�'ent year artd evezy year thereafter. The parties agree that the Levee District is an intended third party ben�ficiary of this Agreement and may rely upon the terms and provisions of this Agreeznent. 2 WA 7750004.1 8. Aarnendments. This Agreement may not be revoked, amencled or zziodified except in a writing exeeuted by the parties. Sueh amendment �nust be recorded of record and a fu11y executed and recorded copy of each and every amendxnent must be provided to the Levee Dist�'itct as required for this Agreement under Section 6 above. No a�nendment shall be effective as to the L,evee District unless and unfil a fully executed and recorded copy of such arnendment is pro�ided to the Levee District. To be effective for any t� year, such fully executed and recorded amendment must he actually received by the Levee District no Iater than August IS of sueh tax year. �Signatures on FolZowing Page] � wa��s000a.� IN WITNESS WIHEREOI+', this Agreement has been executed by the duly authorized representatives of the parties as of t�e dat�first above w�itten. Cg�'Y RIVERSIIDE, URI PRE 1VI�V RS,INC. By: By: _ at een L.Rose,Mayor B . Zarda, Senior Vice President STATE OF MTSSOURI ) � 5S. COUNTY OF PLATTE ) � ����x ON'�'HIS�`" day af.�ua�,20l 6, before me, the undersigned, a Notary�ublic in and for said county and state, personally appeared Katl�een L. Rose, to me personally k�own, who being by me duly sworn, did say that she is the Mayor of the City of Riverside, Missouri, a munici�al corporation duly organized and existing under the laws of tbe state of Missouri, and that �he for�goitzg ixzstxutz�ent was signed on behalf of said municipality, b�+ authority of its Soard of Aldermen, and she ackaaocvZedged said instrument to be the free act and deed of said municipality. WITNESS my hand and official seal itz the County and State aforesaid, the day and year fiurst above written. R""',, R(3B1NL!(WCCAID ' � '�Y��;- �1P�i�t��s � c� "�'y" �. . � �s�� Natary Public Sigtsatnre (Seal) '� �-•.*r Cd�t G�i+J . ��,'��� c�,�,�►�,�� -�� L � �. i a�+ � e�'7c�-r t.`. Frinted ar Typed Natne � My Commission Expixes: ��.�r�,��c� STATE OF Y�'�-'"� } ) ss. COUNi'Y OF ��```"��`� '� } ON THIS�--L�ap of January, 2016, before zne, the undersigned, a Notary Public in and for said county and state, personally appeared Bernard A. Zarda, to me personally known, who being by me duly sworn, did say that s1Y�e is the Senior Vice President of Premium Waters, Itic., a Mznnesata carporation, and that the foregaing instzuznent was sz�ed on behalf of said corporation, by aut�ority of its Board of DirEctors,atad slhe acknowledged said inst�ment to be tI��free act and deed of said corporation. WITNESS my hand and o.fficial seal in the County and State aforesaid, the day and year fiist above written. - - �``�%t-���=-z.� Notazy Pu lic Si ature (Seal) J����d F sc.�._ ����,G r,� F,.-.� Printed or Typed Name My Com�nission Expiures: JOSEPHINE hIIO�ENO ������� I�otary Public - (+Ivtan/ S8�1 STAl"� OF MISS�URi J�c�cso� County My Commissio� �xg�ires Apr. 2, 2015 4 �oroir�issEon # �6249�f145 wa��s000a.i ASSURED QUALITY TITLE COMPANY Agent for: FIRST AMERICAN TITLE INSURANCE COMPANY 1001 WALNUT KANSAS CITY, MO 64106 (816)221-2880 SCHEDULE A 1. Commitment DateNovember 20, 2015 at 08:00 AM MP105179 Revision No. 2 2. Policy or Policies to be issued: Amount $ 5,350,000.00 (X) ALTA Owner's Policy. (ALTA Own. Policy 06/17/06) Proposed Insured: Premium Waters,Inc. O ALTA Loan Policy: (ALTA Loan Policy 06/17/06) Amount Proposed Insured: 3. The estate or interest in the land described or referred to in this Commitment and covered herein is: Leasehold 4. Title to the estate or interest in said land is at the effective date hereof vested in: City of Riverside, Missouri 5. The land referred to in this Commitment is described as follows: Lot 2, ARGO INNOVATION PARK, a subdivision in the City of Riverside, Platte County, Missouri LESS AND EXCEPT: All that portion of said Lot 2 described as follows: Commencing at the Northeast corner of said Lot 2; thence coincident with the East line of said Lot 2, South 00°28'S5 West, 343.78 feet to the Point of Beginning; thence continuing along said East Iine, South 00°28'S5 West, 65.75 feet; thence continuing along said East Iine, North 65°23'28" West, 376.26 feet; thence continuing along said East line, South 00°28'S8" West, 410.77 feet to the Southeast corner thereof; thence coincident with the South line of said Lot 2, North 65°22'38" West, 358.38 feet to the Southwest corner thereof; thence coincident with the West Iine of said Lot 2, North 00°16'14" East, 361.46 feet; thence departing said West line, South 89°43'35" East, 255.95 feet; thence South 65°23'28" East, 455.62 feet to the Point of Beginning. ASSURED QUALITY TITLE COMPANY Agent for: FIRST AMERICAN TITLE INSURANCE COMPANY MP105179 SCHEDULE B 1 - REQUIREMENTS The following are the requirements to be complied with: L (a) Pay the agreed amounts for the interest in the land or the mortgage to be insured. (b) Pay us the premiums, fees and charges for the policy. 2. Instruments in insurable form which must be executed, delivered and duly filed for record: a. Properly executed Special Warranty Deed from City of Riverside, Missouri to Premium Waters, Inc. b. Furnish for our file a certificate copy of the ordinance of the governing body of the City of Riverside, Missouri, authorizing the proposed sale of said property. �. Properly executed Special Warranty Deed from Premium Waters, Inc., to City of Riverside, Missouri. d. Furnish for our file a certified copy of the Resolution of the Board of Directors of Premium Waters, Inc., authorizing the proposed sale, lease, and encumbrance of said property. e. Furnish certificate for our file executed by the Secretary of State of Missouri evidencing that Premium Waters, Inc. is now in good standing in said state. f. Properly executed Amendment of Lease by and between City of Riverside, Missouri, as Lessor, and Premium Waters, Inc., as Lessee, amending that Lease to add the premises in question to said Lease. Said Lease is given notice of which is given by the Memorandum of Lease Agreement by and between City of Riverside, Missouri, as Lessor, and Premium Waters, Inc., as Lessee, dated February 1, 2012 and filed March 1, 2012 as Document No. 2012002916 in Book 1186 at Page735. g. An Estoppel Certificate is required from the owners of the fee and from the holders of all subordinate interest thereunder or liens thereon. h. Payment of the 2015 Special Assessment of which there are 2. i. Deleted on Revision No. 1. j. To delete the exceptions shown at Items 2 through 6, Schedule B 2 hereof, we require the following: a. Item No. 2 will be deleted if, at the time of issuing our policy, we are furnished with an Owner's/Seller's Affidavit stating that the record owner at Assured Quality Tit1e Company ASSURED QUALITY TITLE COMPANY Agent for: FIRST AMERICAN TITLE INSURANCE COMPANY MP105179 the time is in sole possession of the premises in question, and that there are no tenants occupying any part of the premises, and upon review and examination by the Company of a current ALTA Certificate of Survey of the premises in question, which must reflect any improvements to exist at the time the policy is to be issued, nevertheless, any specified item,product of said review and examination will be excepted in our policy; b. Item Nos. 3 and 4 will be deleted if the Company is furnished with an Owner's/Seller's Affidavit and a current ALTA Certificate of Survey of the premises in question, which must reflect any improvements to exist at the time the policy is to be issued, including fences, recorded easements and unrecorded visible easements"; nevertheless, any specified item, product of said review and examination will be excepted in our policy; c. Deletion of Item No. 5 will be considered upon being furnished evidence, satisfactory to the Company, including, without limitation, an Owner's/Seller's Affidavit executed by the record owner stating that there have been no improvements or repairs made to the subject premises within the preceding nine months in Kansas and twelve months in Missouri. NOTE: If any new construction or improvements are contemplated this Company reserves the right to make additional requirements. d. Item No. 6 will be deleted upon being furnished with an Owner's/Sellers Affidavit stating no notice of any special tax assessments have been received and our conducting a "special tax search" which discloses no "pending special assessments". k� NOTE: Our exception, "Any lien or right to lien by any Real Estate Brokers or Real Estate Appraisers." may be removed on the final policy provided: 1) a search of the records reveals no lien filed of record at time of closing; 2)we are provided with the following statement from the seller and buyer or borrower: No notice by any Real Estate Broker or Real: Estate Appraiser of any lien or intent to lien the subj ect property has been filed or received by the undersigned. l. eRecording is defined as the process by which a lender, bank, title operation or government agency works with the county recorders office to process electronic documents using the Internet. Our company is currently participating in eRecording for Clay, Cass and Jackson Counties in Missouri and for Johnson and Wyandotte Counties in Kansas. If applicable, an additional electronic recording service fee of$4.00 per document will be assessed by the county at the time of recording. FOR YOUR INFORMATION: 2015 and prior years State, County����t��'�t��e��r��ny ASSURED QUALITY TITLE COMPANY Agent for: FIRST AMERICAN TITLE INSURANCE COMPANY MP105179 2015 Special Assessment: Riverside Quindaro Bend Levee District Amount- $7,453.44 now due 2015 Special Assessment: Riverside Quindaro Bend Improvement District Amount- $4,854.92 now due Tax LD. No. 23-3.0-06-000-000-088.000 Commitment Prepared For: Shook, Hardy & Bacon, L.L.P. - Sandy Hawley For questions regarding closings, please call Don Rodgers at Assured Quality Title Co. �s16� zzl-zsso FaX: (s16� zzl-zss4 E-Mail Address: DRodgers@AQTC.com 1001 Walnut, Kansas City, MO 64106 06/19/15 /sl **Pursuant to 20 CSR 500-7.050 Disclosure of Premiums and Charges,the risk rate shown on Schedule A of this title commitment must be disclosed on lines ll 03 and ll 04 of the HUD-1 Settlement Statement and the title fee disclosed on a separate HUD-1 line. End of Schedule B 1 Assured Quality Tit1e Company ASSURED QUALITY TITLE COMPANY Agent for: FIRST AMERICAN TITLE INSURANCE COMPANY MP105179 SCHEDULE B 2 - EXCEPTIONS Schedule B of the Policy or Policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company. 1. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires for value of record the estate of interest or mortgage thereon covered by this Commitment. STANDARD EXCEPTIONS: 2. Rights or claims of parties in possession not shown by the Public Record. 3. Easements, or claims of easements, not shown by the Public Record. 4. Any encroachment, encumbrance, violation, variation or adverse circumstances affecting Title that would be disclosed by an accurate and complete survey of the Land or that could be ascertained by an inspection of the Land. 5. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by Public Records. 6. Taxes, or special assessments, if any, not shown as existing liens by the Public Records. SPECIAL EXCEPTIONS: 7. All assessments and taxes for the year 2015 and all subsequent years. 8. Easement granted to Missouri Cities Water Company by the instrument filed January 17, 1989 as Document No 000416 in Book 726 at Page 509. 9. Right-of-Way Easement granted to the City of Riverside, Missouri by the instrument filed November 9, 1999 as Document No. 0016396 in Book 821 at Page 103. 10. Easement granted to Kansas City Power and Light Company by the instrument filed in Book 103 at Page 155, over a portion of the premises in question, as more fully described therein. 11. Easement granted to Magnolia Pipe Line Company by the instrument filed as Document No. 13391 in Book 291 at Page 450 and Assigned to Williams Pipe Line Company by the instrument filed as Document No. 3546 in Book 658 at Page 11. 12. Easement granted to American Telephone and Telegraph Company by the instrument filed as Document No. 3710 in Book 716 at Page 887, over a portion of the premises in question, as more fully described therein. 13. The commitment/policy does not insure that the tax exempt status will remain in effect after the effective date of the policy, and retroactive assessments,penalties and interest arising due to termination of the exempt status are hereby excepted from coverage. 14. The premises in question lies within the boundaries of Parkville Special Road District, which provides for the levy of assessments. 15. The premises in question lies within the boundaries of Riverside-Quindaro Bend Levee District of Platte County, Missouri, which provides for the levy of assessments. None now due and payable. Assured Quality Tit1e Company ASSURED QUALITY TITLE COMPANY Agent for: FIRST AMERICAN TITLE INSURANCE COMPANY MP105179 16. Terms, conditions and provisions including, but not limited to, rights of way, easements, ditches and appurtenances relating thereto, as granted or taken and appearing in Report of Commissioners filed in the Circuit Court of Platte County, Missouri, November 25, 1919 in Journal Book A-6 at Page 110, in favor of Quinaro Bend Drainage District; as reorganized, reinterpreted and re-established as Riverside-Quindaro Bend Levee District of Platte County, Missouri by Decree of the Circuit Court of Platte County, Missouri, filed March 10, 1988 under Case No. 76-475 and filed March 17, 1988 as Document No. 2391 in Book 715 at Page 621; and as Commissioner's Report filed October 28, 1977 as Document No. 28314 in Book 519 at Page 543. 17. Right of way and easement granted to American Telephone and Telegraph Company by the instrument filed November 22, 1988 as Document No. 11803 in Book 724 at Page 893, over a portion of the premises in question, as more fully described therein. 18. Terms, conditions,provisions, rights of way, easements, assessments and all other appurtenances relating thereto as granted or taken in favor of the Riverside-Quindaro Bend Levee District of Platte County, Missouri as set out in the following documents recorded in the recorder of Deeds Office of Platte County, Missouri: Commissioners Report filed October 28, 1977 as Document No. 28314 in Book 519 at Page 543. Decree filed March 17, 1988 as Document No. 2391 in Book 715 at Page 621. Petition filed August 2, 1999 as Document No. 13897 in Book 911 at Page 743. Findings of Fact, Conclusions of Law and Judgment Decree filed August 2, 1999 as Document No. 13898 in Book 911 at Page 744. Amended Petition filed July 6, 2000 as Document No. 9430 in Book 929 at Page 114. Findings of Fact, Conclusions at Law and Judgment Decree filed July 6, 2000 as Document No. 9431 in Book 929 at Page 115. Order and Judgment confirming Commissioners Report filed October 30, 2001 as Document No. 19451 in Book 957 at Page 142. Levee Tax record filed December 5, 2001 as Document No. 22249 in Book 959 at Page 913. 19. Terms and provisions of Cooperation Agreement filed as Document No. 11363 in Book 1085 at Page 515. 20. Survey filed December 8, 2003 as Document No. 33213 in Book C at Page 243. 21. Terms and provisions of the Agreement Allocating Benefits for Levee District Tax Assessments filed July 14, 2001 as Document No. 2011007789 in Book 1176 at Page 221. 22. Terms and provisions of the Agreement Allocating Benefits for Levee District Tax Amounts filed July 14, 2001 as Document No. 2011007791 in Book 1176 at Page 223. 23. Building setback lines, utility easements, drainage easements & all other matters as shown on the recorded plat of Argo Innovation Park filed August 17, 2011 as Document No. 2011009174 in Plat Book 20 at Page 395. 24. Terms and provisions of the Agreement Allocating Benefits for Levee District Tax Assessments filed August 2, 2011 as Document No. 2011008564 in Book 1176 at Page 990. 25. Rights of parties in possession under unrecorded leases. 26. Terms and provisions of Lease by and between City of Riverside, Missouri, as Lessor, and Premium Waters, Inc., as Lessee, notice of which is given by that Memorandum of Lease Agreement dated February 1, 2012 and filed March 1, 2012 as Document No. 2012002916 in Assured Quality Tit1e Company ASSURED QUALITY TITLE COMPANY Agent for: FIRST AMERICAN TITLE INSURANCE COMPANY MP105179 Book 1186 at Page735. 27. The policy or policies, when issued, will contain the following exception(s): FOR OWNERS POLICY:As a part of the consideration for the issuance of this policy, it is agreed, between the Company and the insured, that improvements of reasonable value shall be erected on said property, within a reasonable time, and that until such improvements are erected and completed, the liability of the Company hereunder shall not exceed the actual purchase price of said property,plus the cost of improvements actually made on said premises at the time of any such loss hereunder. 28. Any lien or right to lien by any Real Estate Brokers or Real Estate Appraisers. 29. If there has been construction, improvements or repairs to or on the property in the last 12 months, or a portion or all of the loan proceeds will be used for such, then unrecorded mechanics lien coverage will not be furnished unless arrangements are made prior to closing. If the property is 1-4 family residential and we are being asked to extend mechanic's lien coverage(through date downs or otherwise) on a construction loan, a Mechanic's Lien Indemnity Agreement secured by a satisfactory Letter of Credit will need to be furnished to the company. If the transaction is not a residential construction loan, either the aforesaid secured indemnity or satisfactory financial statements, indemnities, affidavits and possibly lien waivers, will need to be furnished to the company. Failure to notify the company in writing before closing will invalidate any mechanic's lien coverage given in the policy. 30. PLEASE READ THE EXCEPTIONS AND THE TERMS SHOWN OR REFERRED TO HEREIN CAREFULLY. THE EXCEPTIONS ARE MEANT TO PROVIDE YOU WITH NOTICE OF MATTERS WHICH ARE NOT COVERED UNDER THE TERMS OF THE TITLE INSURANCE POLICY�n1�D fS�I�du��� CAREFULLY CONSIDERED. Assured Quality Tit1e Company NON-FOREIGN CERTIFICATION SY ENTITY TRANSFEROR (City of Riverside,Missouri) 1. Section 1445 of the Intemal Revenue Code provides that a transferee of a United States real property interest must withhold tax if the transferor is a foreign person. For U.S. tax purposes (including Section 1445}, the owner of a disregarded entity (which has legal title to a U.S. real property interest nnder lacal law) will be the transferor of the property and not the disregarded entity. 2. In order to inform Premium Waters, Inc., a Minnesota corporation ("Buyer"), that withholding of tax is not required upon the disposition by City of Riverside,Missouri("Seller"),of its fee or leasehald interest in the United States real proparty described as follows: See Exhibit"A"attached hereto and incorporated by reference herein, the undersigned transferor certifies and declares by means of this certification, the following: a. Seller is not a foreign corporation, foreign partnership, foreign trust or foreign estate (as those terms are de�ned in the Internal Revenue Code and Income Tax Regexlatians) for purposes of United States incom.e taxation. b. Seller is not a disregarded entity as defined in Treas. Reg. Section 1.1445-2(b)(2)(iii). c. Seller's LTnited States employer identification number is d. Seller's office address is e. There are no other persons who have an ownership interest in the above described property other than Sel�er. 3. The undersigned hereby further certifies and declares: a. Seller understands that Buyer intends to rely on the foregoing representations zn connection with the United States Foreign Investment in Real Froperty Tax Act, as amended. b. Seller understands this certzfication may be disclosed to the Intemal Revenue Service by Buyar and that any false statement contained in t�is certification �nay be punished by fine, imprisonment or both. Under penalties of perjury, �declaxe that I have examined tlus Certification and to the best of my knowledge and belief it is true, correct, ar�d cozxaplete; and, I f�urther declar�tl�at I have authority to sign this docunraent on behalf of Sel�er. - 1 - 7313337�I �3at�; January�, 2��G CIT'�' C�F I�CV��t�T��, 14��SS�CM[.TR� d , ,• �"^�''�" p y �rr�/y , .'^��1 A L.w�'�, � ', � / �� / J' d �y: G"��i� /i�' ,�' � . , �I'111� ��I11�« �,��;��°��"'�'`�'�' �F ���-,°�;_ ,., �„ �< �'1���: ��,����° � , � � �,�,w :.�,..^�e. �c°`�'�:;c c.�„�� � c �,���� �� �c�«.�c;� � City�l�r� S�CA�'� �F_ � ����. ) �; � ss. �tJU�iTY �F ', �, ; � � �n t���s �`' day �af Janu,ary, �Ol�, b�f�re inc� p��sanally �ppea�er� t17� �ian�rable `�,��,�� �,. ,. Ty.� to r�� pe�sori�lly knc�w�, �nc�� b�:1:�� Y�y me d�u�y s��rr�, d�d �ay t1�at. lae/s�e �s t�e ��,yca� �a�"tl�e City o� Riversg�e, I'�fl:issc�irri, a 1'V�rssc�u�z ��:a�;��i�.ip�lzty, and th�k said inst�-urn��t �,vas si�a7e�1 c�i� behalf cr�"said City crE�.iv�rsIld�, IVliss�a�ri 1�y a�.��h�rit�r c�f its �e�ard +�f A��ler��.ea�, and N�ay�r ��-} ��.�- ,�,��a��s> �c�na�rfle�gee� said in�trument ta be ��ie �`�ee act ai�ad de�d af said Cat�af'F���ver�id�, Mis�p�r�. I�+t Vi/ITI'�ESS �IT-��R�+C9F, � ��v� he���n�a �et�x�y�a�d �nd af�x�d rng� seal �k rny��`�ce in �latt �Ca�z�ty, t1�e day ar�d yea�-l�st abc�v�vvritt�n. x��Y��j"y F�49�IN�.,K�h�+�l'� ,.�--� �� `��"'� C+�mi�iron�asp"s� ,�.,�-~�"""� :� y � � �fAF�Y'` „: ,„ � �— -. ° . . � r'#�. ` C�rt�an�Gc�i�u'� r,�,,,. � ,� ..��'.��.�..� ,..�'° �c �. �r�;�t,.� �arn�ni�si�a�1 y �iatary�''u�l�lic�----�.� � � P�-�a7ted 1�Iapne:�.. ' "� , . ,�.. ,. �!Iy cotrtmi�si�n e�pires: �������w�� �'� ��:�"��� � 2 - EXHIBIT A PROJECT SITE Lot 1, ARGO INNOVATION PARK 2�D PLAT, a subdivision in the City of Riverside, Pla�te Caunty, Missouri LESS AND EXCEPT: That part former�y known as "All of Lot 1, ARG4 INNOVATION PARK, a subdivision rn the City of Riverside, Platte County, Missauri." - 3 - i INDEMN�F�CAT�ON AGREEMENT This Indemnification Agreernent ("Agreement") is made effective January 1, 2016, between Premium Waters, Inc., a Minnesota corporation ("Indemnitor"), and the City of Riverside, a municipal cozpaza�ion oz-ganized under the laws of Missouri (�he "City") (collectively, the "Parties"). SECT�ON ONE. INDEMNIFICATION Far gaoc� and valuable cansidezatzfln, the receipt and sufficiency of which are acknowledged, Indemnitor agzees ta indemnify, defend, protect and hold harmless the City, its successors, grantees, representatives or assigns, against aIl suits, actions, claims, lasses, demands, and liability of every kir�d, inclucling aIl expenses of litigation, court costs and z�easanable attor�ney's fees, it may suffer, expend or incur, resulting from or arising out a�F, directly or indirectly, the construction, repair, modification, installatian building, equipment, machinery, fixtures or any improvements on ar constructed for the real estate described on Exhibit "A" attached hereto and made a part hereof (the "Real Estate") on or befare January 1, 2016. Without limiting the generality of the forgoing, the indemnification provided in Agreement shall apply to any znechanic's liens or zx�a�erialmen's liens for im�rovements to the Real Estate rnade by oz- on behalf of Indemnitor prior to January 1, 2015. SECTTON TWO. INDEMN�F�CATION PROCEDURES If Indemnitar shall be obligated to indernnify the City under this Agreement, Indemnitor shall be entitled to assume th� defense of such claim, wzth counsel approved by the City (which appraval shall not be �nreasanably vcrithhe�d) upan the delivery to the City of written notice of its election fia do so. The City shal� have the right to employ its own counsel in any such claim at its awn expense. Indemnitor also acknowledges that the City in its sole discretion Yrray request that Indemnitor remove such encumbrances, upon the City's determination that such shall be remaved for any reason whatsoever. SECTION THREE. SEVERABILITY If any part or parts of this Agreement shall be held unenforceable for any reason, the remainder of this Agreement shall continue in full force and effect. If any provision o� this Agreement is deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such pro�ision would make the provision valid, then such provision shall be deemed to be construed as so limited. SECTI4N FOUR. BINDING EFFECT The covenants and conditions contaxned in this Agreement shall apply to and bind the Parties and the heirs, legal represen.tatives, grantees, successors and permitted assigns of the Parties. SECTION FIVE. ENTIRE AGREEMENT Thzs Agreement constitutes the entire agreement between the Parties and supersedes any prior understanding or representation of any kind preceding the date af this Agxeement zelating to the 1 subject matter of this Agreement between the Parties. There are no other promises, conditions, understandings or other agreezx�.ents, whetfier oral or written, relating to the subject matter of this Agreeznent. Thzs Agreement may be madified at any time in the sole discretion of the City and Indemnitor agrees to promptly execute such modified written agreement. SECT�ON SIX. GOVERNING LAW This Agreement shall be go�erned by and construed in accordance with the laws of Missouri. SECTIQN SEVEN. NOT�CE Any notice required ar otherwise given pursuant to this Agreement shall be in writing and sent by certified mail, return receipt requested, postage pzepaid, or delivered by overnight delivery service, addressed as follows: A. If to Indemnitor: Pzeznium Waters, Inc. 4301 NW Mattox Road Riverside, MO 64150 Attention: Bernard A. Zarda With Copies to: Premium Waters, Inc. 2I00 Summer Street NE, Ste. 204 Minneapolis,MN 55413 Attentian: Greg Nemec, President Rawlings Law Firm, L.L.P. 522 Fourth Street, Ste. 300 Sioux City, IA 51101 Attention: Jeffrey R. Mahrhauser Shoak, Haz-dy &Bacon, L.L.P. 2555 Grand Blvd. Kansas City, MO 64108 Attention: Sandy Hawley B. If to the City: City of Riverside 2950 N.W. Vivion Road Riverside, MO 64150 Attentian: Mayar With a Copy to: Spencex Fane, LLP 304 East High Street Jefferson City, MO 651d1 Attention: Joe Bednar 2 ����T(�1�1�I�HT. I"�(� i�ir"A.IV.�R The fai�ure af ei�her p�rty to �r�f�rce ��y �aro��sin�a5 c�f t�is A�reea�er�t s�all r��t be deem�cl � �uaiver rar 1imi�ation �� �l�a� �arty's r�gl�t ta s���e��e�tly �n:fcarce arrd cc�mpel �trnc� campli�r�ce �a�th every prcavision �f this A.greem�nt, �'�� P`�rtie� l�ave �xec�t�d th.is A�reer�ery� �s o��he dat� first �bave �,vritten. CIT""� C�F��VERSIL)E, 11�T���U�I F'REMITJNT WA.T��,�, II"��. �, � ����,.�°�'��..� _ � Y" y ' , � �,,• [��thle�n L. R.ase, Iv�ayor �ernar� A. Za1:d�, �r. �ice �'re:�i�len� [��ALf.] A��E�T �� � ��- ., , ��--, � � � .�'� 8 ""�"���^�� �, ��µ.,,�^�c._�.. �• .w Robin T�i�caid, Ci�y`�lez•� , �� e � � � o � ,� � �� � � n„,r ���,� y � BR()I�� AF�I�IAVIT ��01��°: City af Rcve1-side B��y�r: Pr-�rn i�:ian W�tex�s, Inc. '�"1�e �ac-ties }leretp hav� �nter-ed inta a l��al �st�t� S�le C�i�t�-act date�l J�aau�ry �, 2,Q16 foa- tk�e sal�/leas� af c��-tdia� ���a1 estat� as desc�•ibed i�� Assraz•ed Quality'fi�tle Ca�r�pany Title �crinrnita��ent�1�i. 1'�t�. 1`V[P1175179 atld le�ally d�scribed �rr C;xhibit �, attac;hetf k�ereta. In cc�nsi�icc-atiQx� r��'certain stattttes et�ac�ed it� tl�e St�t� caf MissQ�uiMi r•�gar�u���; ���r,n7er�i�1 i•eal estate brc�ker"s liei�, t11e ur�dersd�»ed �he��eir7a:fter refert•�cl �� as "Affiant" �vhetl�ei� one ar rnare) c�r�ify tca Assured 4�uality `T"itle Co���}��nl�y, t17at they IZav� d�alt with nc, �-eal estat� b�-ak�es �tkti���tilaa�a; 1�tane. T��� Affia��t und�rs�ata�s tihat Ass�Xr'ed (�u�ali�y TitJe �ompac�� will '•�ly oi� this af�davit rn� tk�e closur�� �nd �r�s�.tranc�; c�f�I�e �fi�a-es�id tr�i�sac�icrn. S[1Y���. �'RTMIUM 4VAT�RS,IN�. A$`�r arut: [:��te: 5�C°A"�� t�F' ) � �(7�TY �F' ) �Sul��ca'ik�ed �n9 svaai-n t�, befai-e ine, �z1 Janu�a-y �, �016. fi�la�a7°y Publi� 9Vfy�C�s�nr��ris�ic7r� Expir��us: SE[��.F�,: THE CITY CI�F R�V�RSiD�, ��SC�URT ��: ������ d �*1ai-ne: aihlecn �„ l�as� Titic: M�yr�r ST�TE�I�' �",..�' �� �" p,�,�.,� ) ) CC7U]"�l"�"`Y C)�� �� �°=� ) '�G�bscribe� a�1d s,,v�r�� t� �e�`c�re in�, oia eJ�r���ar�y � 2;C�16.�,.._-��- �_ ..,� : �- ��.. �*latae•y�'�.rb�ic I�,�'ly G�aanb���s��n Exp�r•�s: � �„� g� �� � �., �� �� yM �M�r Fl�� ' � �.. � �}��,-�' � �� »�'4�����;,, k� r�i�'p�1iet� �q P�'�f�(:�= �,�3118 7312I��t v l 5��.:' �`� ��� ����� � ��,��+ EXHIBIT A PROJECT SITE Lot 1, ARGO INNOVAT70N PARK 2Np PLAT, a subdi�vision in the City o�Riverside, 1'latte County, M155dUT1 LESS AND EXCEPT: , That part formerly known as "All of Lot 1, ARGO INNOVATZON PARK, a subdivision in the City of Riverside, Platte County, M1550UT1." 7312i8�1v1 S�L.L�iMe�7 J�M 1 G��N 1 Buyer: Premium Waters, Inc. Seller: City of Ri�ersid�, Missouri Settlement Agent: Assured Quality Title Company (816)221-2880 Pface of Settlement: 1001 Walnut Kansas City, MO 64106 Settlement Date; January 7, 2016 Pa�operty Locafion: Riverside, MO Platte County, Missouri CRED[1'S Purchase Price 274,OOO.aO l.ess Total Gredits#0 5elfer 70TAL CR�DITS 270,000.00 D�BITS 5ettlement or Closing Fee Assured Qual3fy 7it�e Campany 500.00 Tifle Insurance First American 7itle Insurance Company 591.00 �2ecording Fees Platte County Recorder of Deeds 30.00 Platte Coanty Recarder of Deeds 4.00 Less Total Reductions to Amount�ue Sel[er T07AL DEBITS 1,125.00 BALANCE To Seiler 268,875A0 APPR�VED: ASSURED QLJA�ITY T1TLE COMPAiVY ForAll YnurTitle and Escrow Needs (MP105179.RFD/MP1p5179115) SEL�.ER'S Srti'A i Ei�iENT - Co�ti�ued > . ��, ':'Cityro`°f�ti� r de,Missouri BY: . _ � � � � ATT� � , � .., --- � �� �; - �� . � ,.��.~°�a � � � � � ,.E �_,w Assure uality�fi#Ie Company ASSURED Q1JALiTY T1TLE COMPANY For A!1 Yaur Title and Escrow Needs (MP105179PFDIiNP1051791T5) BU�ER�� �7 E/�I���IYiE9YT Buyer: Premium Waters, fnc. Seller: City of Ri�erside, Missauri Settlement Agent: Assured Quality Title Campany (816)221-28$0 Place of Settlement: 1001 Wainut Kansas City, M4 64106 Settlerv�ent Date: January 7, 2016 Pro�erty Loca�ion: Rivers�de, MO Platte County, Missouri D�BITS Purchase Price 270,OQO.OQ Bond Counsel Legal Fee Gilmore and Belf PC 2,500.00 Settlem�nt or Clasing Fee Assured Quality Title Company 500.00 Title Insurance First American Title lnsurance Company 5,829.00 Endorsements Assured Quali#y Title Company SOO.p� Recording Fees Platte County Recorder of Deeds 439.Q0 Platte County Recorder of Deeds 36.D0 Gross Amount Due Frorre Buyer TOTAL DEBITS 280,096.d0 C RE D ITS D�posit or Earnest money L.ess Total Credits to Buyer TOTAL CR�DITS BALANCE From Suyer 280,09G.00 /1PPROVEQ: ASSURED Ql1ALITY TITL.E COIIIIPANY ForAf!Your Title and EsCrow Needs (MP1fl5179.PFDIMP1D5979115) Bt9YER'S STATEME�i� - ConEinued premium c. �Y ard A,Zarda �r. nVice 1'resident Assured Q ality Title Company ASSURED QUALITY TITLI� COMPANY For All Your Title and Escrow Needs (MP105179.PFDlfNP9D5179115) _`;��� � `�`���� � �� � �����.��� ������o������o�� �t�������. {�13}32�-a�3�3 ����s��r�r€��.s,�c� ,����y 7, Z��� ������������� ���.������ (`��,�.€��r�,����. �r. Lc�r��€���rs ����r�� (���l��;�`T�tl� ���p�� 1��1 ��Ir��t K:��.� �ity, ���4��� F��; ��ti��: �� �it,y��I����rs�d�, �is�t�tara �i���l���'g c���`��'"} P��°�t�����e �r�r�i�a� �"���rs� in�� �G:��€r����������"��I�'� ����� ��� ���; �F����17� ���,r�f�. �€�d��r�: ,� ��� k���, �� �pr����� ��� ��ly i�a €�e ��� ��t�t� ���� t����i��r� b�i��e� ��t� �d ��T �°�r ��r��i� �rt�p�r�� ������ �� Fti���°si��, ����€� � �th� ```I`r�s��ti�r�'"}, ����r�d ���I�ty �`i�l� �����r.y, � .�.��r�� ��r �i�°s� �ric�ra °I`itl� �r���ar��e ���tp�r�y ��s ������i E��t ��r��i� ���l� ��s �� �e�r����rr��t�t r�uz��� ��'1t351`�� ��t�d �����E��� ��, ��25 �� ��et��} ���i �h.���si�z� I��. 2� �r� �c�a���r���s�� �i�� t�� °�"t����ti�� {th� "��z�rr��trr��r��"} r���rdi�� t�� scab���� �r�p��y tc� �� p�r�h���� ���� &&�'� �r� �'�. `T��� ��t��r��r�titi,ti�� th� ���sir�� i�����ti€s�5 ���ity tc� y�� �rit�z r�sp��t �� �� `�ir�s���i��. �"h� °�a��s��t�c�r� i� �t��a��t�d �� c��s� �ra ���a�°y �, �����s�i��d��e �r�t��h c��fi�er t���� �s t��c��s���€a�� ,`t�� "�l�s�s� '��. �,9 I���� ��r������ i�� "�'i�� �'c�� ���� ��r��d t� ��t�blis�Z � ��cr��r f�r t�� ���s��� ��°��Z� T�s��tit��, Th� ��rt��s�� th� �`���a�t�c�� ���r� ���c���t�� �t� ��� €1�� �°�����ir�� da�c�a�e��� (��l���ti��l�, th� °fiE�rc�� IJ��€�r���tts")a �. 5������ �d�°r��y �3��d �xe����d����ty iza ���rs�r��`���I ��r����s�d); �. ���ei�� ��°�ty���� ���t���� �� P�� �r�f�vc����`����> 3. ���`�t �rt�t���t����������a�� by�i���d ��I ��it�r es��a�t���z°t ��Ic����)y �e �� et�t �€� ���c� �� '�r��t, ����r��� �A�r��r��r�� �t�� �'i��r.ir� �°ili�� �����€�d b� , ��f�a� f���r€af tl�� `�x�s��e ���t� ����t�z���r��l���c��� �. �.r�er�d���� t� T]��� �� `T'��t, ����r�iy �.���t��r�i �r�� �'��t��e Fi�ir�� �������d �� �'�I i�f��rt���f th�T t��, �,���a��z � ����$i%��i,�������f+e��8§4'��Y,�&�4�����?�5��°���Yi2;��� ��d��7(�£?e t3��"�:.�3��"€�'n��.K�����f5-�S3�� � �#�.�«��.�5�� 3 ��K `�"s3.�ks.���� ? 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I��l� ��' �������, ����a ��s�ar�ii�sa����;� �"a�����rra yw .�,�����a�f�r�"�r�# ���� �'Ti�i� I��� �� �r� y �y: �r�r�t 1�i�ar��; ..,__......,�� - �-----. __... r , �'�C��: � � �� �c3 �'��€�����B F I NAL PLAT A REPLAT OF LOTS 1 & 2 ARGO I N NOVATION PARK > > IN THE CITY OF RIVERSIDE PLATTE COUNTY MISSOURI > > 1/2 REBAR WITH CAP MOLS 000318 w 2p' NW 1/4 NE 1/4 �i Q B� i � I S ^i FR,q� Project O i I w� \2o�U\� ,/ ,\,��'\ �RpqO Location � � �F�J\,, w � � �� e � J r � ��Q</N /1, �` a � � "� ;' Sq G,T � O R �C O , � , , W � 2S, �po T"9 F�cNNO ��_ � o a � � � \ �',\ �4i 'QT N Q w , � Q c,5, 'Qq�� yF 1 100 0 0 I � �' Q � �'�F�q�N S W 1/4 X Q � Y \� qY 0 50' 100' O SE 1/4 � � � � � , I , \\\\ � DESCRIPTION � All of Lots 1 and 2, ARGO INNOVATION PARK, a subdivision in the City of Riverside, Platte County, Missouri, more particularly described as follows: � � S � �\; � ss`52328„ LOCATION MAP Beginning at the northeast corner of said Lot 2; thence South 00°28'55 West, coincident with the east line of said Lot 2, a distance of 409.52 feet; thence North 65°23'28" West, continuing along � � , p said east line, 376.26 feet; thence South 00°28'58" West, continuing along said east line, 410.77 feet to the southeast corner thereof; thence North 65°22'38"West, coincident with the south line ; s� �'� `523. ��J SECTION 6-50-33 �� � ek 2�iiyF '�, `S3'' >>2s Scale 1" =2000' of said Lot 2, a distance of 358.38 feet to the southwest corner thereof; thence North 00°16'14" East, coincident with the west line of said Lot 2, a distance of 323.42 feet to the southeast corner d. U i '9� p�,FSyj��� F 7J ��3�p of said Lot 1; thence North 89°23'44"West, coincident with the south line of said Lot 1, a distance of 899.81 feet to the southwest corner thereof; thence North 00°16'14" East, coincident with the � � ; ¢4j , 2s�� west line of said Lot 1, a distance of 899.67 feet to the northwest corner thereof; thence South 65°23'53" East, coincident with the northerly line of said Lots 1 and 2, a distance of 1,725.40 feet to � � ; � � the Point of Beginning, containing 1,038,920 square feet, or 23.850 acres, more or less. � \; � ; �s-T ��, � � � e� 2py�NF � DEDICATION a i m ¢ pG FS•y�j.\ � W [� �. � N 893 �'\\\\,, The undersigned proprietor of the above described tract of land has caused the same to be subdivided in the manner as shown on the accompanying plat, which subdivision and plat shall � � � \\ hereafter be known as "ARGO INNOVATION PARK 3RD PLAT." � � � � O i An easement is hereby granted to Riverside, Missouri and all public utilities, for the purpose of locating, constructing, and maintaining facilities for water, gas, electricity, sewage, telephone, cable � 0 , , tv, surface drainage, and grading, including, but not limited to, underground pipes and conduits, pad mounted transformers, service pedestals, any or all of them upon, over, under and along the �7 z ; strips of land designated as utility easements (U/E), provided that the easement granted herein is subject to any and all existing easements. Any utilities located within the designated utility ; LOT 1 easements, by virtue of their existence, do hereby covenant, consent, and agree that they shall be subordinate to said public right of way in the event that additional public right of way is � 874,913 S.F. \�;�;��, dedicated over the location of the utility easement. Where other easements are designated for a particular purpose, the use thereof shall be limited to that purpose only. All of the above ' 20.085 AC. easements shall be kept free from any and all obstructions which would interfere with the construction or reconstruction and proper, safe and continuous maintenance of the aforesaid uses and � \'\;;\�, specifically there shall not be built thereon or thereover any structure (except driveways, paved areas, grass, shrubs and fences) nor shall there be any obstruction to interfere with the agents and � employees of Riverside, Missouri, and its franchised utilities from going upon said easement and as much of the adjoining lands as may be reasonably necessary in exercising the rights granted � ' � 2s� �' O O i e�� by the easement. � POINT OF BEGINNING ~ � i MOLSU31'gUM CAP An easement for the right of ingress and egress, over and through those areas designated as "Access Easement" or"A/E"on this plat is hereby dedicated to the City of Riverside, Missouri, its I- p ; f successors and assigns. Q � � 2p,U , � -'--� �F��� \ Tract A is designated for storm drainage and detention and is to be maintained by the owner of Tract A. � w I ' � � � � � ^ EXECUTION L ----�30' A/E� �" - ------ -- -- -- --- -- -- -- --- -- --- � 58943'34"E _ �i - Q IN TESTIMONY WHEREOF, the undersigned proprietor has caused this instrument to be executed \ i — — — — — — — -i- ------------------------------------------------------------------------------ - � s�a.�s� -------------------------10 �i �� � this day of January, 2016. �� o � i � �� S89 43'35"E � ^ 20'� , Noo•is'�4"E � O "� Y The Cit of Riverside, Missouri � � 38.04' 255.95' � � y i � � � O � ", � Q N89 23 44 W 899.81 �� a Attest: r rr 900.00'(P) �; Kathleen L. Rose, Mayor Robin Kincaid, City Clerk s �� ss232 � � � � �, ¢sss 8F N� Z � � 2 � o O STATE OF MISSOURI ) I � N� � � IV ) SS � �/sso — COUNTY OF PLATTE ) N 23, � ��� � M �8'�',,I Q BE IT REMEMBERED, that on this day of January, 2016, before me a Notary Public in and for said County and State, came Kathleen L. Rose, Mayor of the City of Riverside, Missouri, and LLl TRACT A � � vv 3J6, � = Robin Kincaid, City Clerk, who are personally known to me to be the same persons who executed the foregoing instrument of writing on behalf of said City, and they duly acknowledged the �t 164,007 S.F. �� `3�63'26'' � execution of the same. � � 3.765 Ac. � o �pJ IN WITNESS WHEREOF, I have hereunto set my hand and seal on the day and year last written above. o � �1' 2"ALUMINUM CAP NOTES: z \ MOLS-318 S My Appointment Expires: Basis of Bearings: South 00°28'55" East, along the east line of Southeast Quarter of Sec. 6, T50N, R33W. � Notary Public � Metro Control Station PL-66 N Missouri State Plane Coordinate System 1983 (NAD-83)West Zone 1/2 REBAR WI7H CAP� � ���j�Q���D APPROVALS Northing: 332979.501 m Easting: 837793.685m MOLS 000318 Converted to feet: Northing: 1092450.2451 Easting: 2748661.4454 �sJ^o This is to certify that the within PLAT of"ARGO INNOVATION PARK 3RD PLAT"was submitted to and approved by the City of All bearings and distances shown on this plat are measured and platted unless otherwise noted. N6s2 s2�j�.,�A. Riverside, Missouri, this day of January, 2016. v�/ 1/2 REBAR WITH CLOSURE CALCULATIONS: �pJ 3`S ALUMINUM CAP 3s82�p�� �KS686 M01895 Precision, 1 part in: 1,130,471' � J Error distance: 0.005' BY ORDINANCE NO.: 1389 Error direction: N05°24'34"W � Perimeter: 5,403.23' ' Sss�2, CERTIFICATION � ,S6s2 S3F�p BY: All distances shown on this plat are in ground feet. ��� °� �� �js3�0� Kathleen Rose, Mayor I hereby certify that this subdivision plat is based on an actual survey � Flood Plain Note (Table A item#3): According to the F.E.M.A. Flood Insurance Rate Map Number completed on the ground by me or under my direct supervision, and that ��C1D ' 2902960001 B, revised June 4, 1987, and revised by Letter of Map Revision (LOMAR), Case No. „ co N said survey meets or exceeds the current minimum standards for Urban cfl 1� gy: 04-07-A556P, effective date August 31, 2006, this tract lies in OTHER AREAS, ZONE X, defined as areas Class" boundary surveys as established by the Department of Natural +��m Robin Kincaid, City Clerk protected from the 0.2/o annual chance flood by levee, dike or other structure subject to possible failure Resources, Division of Geology and Land Survey of the State of during larger floods. Missouri and the Missouri Board for Architects, Professional Engineers � 2"ALUMMO S 318� and Land Surveyors, and that the results of said survey are represented on this drawing to the best of my professional knowledge and belief. �I� DATE: 14-0194 ��'''"����"�'''�� �METRO CONIROL ARG O I N N OVAT I O N PARK 3 R D P LAT LEGEND: .�` OF. M/S '% BY: ���.� .,.. • • •...S`�'�� STA71oN P�-66 Stephen King, Chairman of Planning Commission � FOUND MONUMENT AS NOTED � �P'• • • G ' Q SET 1/2"X 24" REBAR WITH _ C�: MICHAEL •�;� _ Prepared For: RIC MO CAP = ; SCHMIDTBERGER � _ City of Riverside, Missouri � � � _ � ; NUMBER z � = 2950 NW. Vivion Road A/E ACCESS EASEMENT . LS-2000143910 : ; DATE: u/E UTILITY EASEMENT ���'•.,... �.� , � Riverside, Missouri 64150 � � SS�E SANITARY SEWER EASEMENT '� ....•••'�• �` (816) 741-3993 (M� MEASURED ���i���•LAI� \\�����\ � (P� PLATTED ����Illi��� � � (D) DESCRIBED Michael Schmidtberger, Missouri LS 2000143910 (CR) CALCULATED FROM RECORD Date of Preparation: 1138 West Cambridge Circle Drive 913.317.9500 January 12, 2015 Kansas City, Kansas 66103 www.ric-consult.com BILL NO. 2015-015 ORDINANCE NO. I�� AN ORDINANCE APPROVING THE FINAL PLAT OF ARGO INNOVATION RARK 2ND PLAT, A REPL.AT OF L�TS 7 8� 2, ARGO INNOVATION PARK, !N THE ClTY OF RIVERSIDE, PLATTE COUNTY, MISSOURI WHEREAS,AppHcation No. PC15-07, submitted by Premium Waters, Inc. requesting appro�al of the Final Plat af ARGO INNOVATIQN PARK 2N° PLAT, A REPLAT OF LOTS 1 & 2, ARGO INNOVATlON PARK, in the City of Riverside, Platte Co�anty, Missouri, was referred to the Planning Commission; and WHEREAS,the Planning Commission considered the application on February 26, 2015 and rendered a report to the Board of Aldermen recommending that the#inal plat be approved; and WHEREAS, that it is in the best interest af the City of Ri�erside, Missauri ta approve the Final Plat of ARGO INNOVATION PARK 2N° PLAT, A REPLAT OF LOTS 1 �2, ARGO INNOVATION PARK as set forth herein; NOW THEREFORE, BE iT ORDAINED BY THE BOARD OF AL�ERM�N OF THE CETY OF RIVERSIDE, MISSOURI, AS FOLLOWS: SECTION 1 —APPROVA� OF FINAL PLAT. That the Finai Plat of ARGO INNOVATION PARK 2 PLAT, A REPLAT OF LOTS 1 � 2, ARGO INNOVATION PARK, in the City of Ri�erside, Platte County, Missouri, a true and correct copy of which is aitached hereto and incorporated herein, is hereby appro�ed, piatting the praperty legally described in Exhibit "A". SECTION 2 -ACCEPTANCE OF DEDICATION. That the City of Ri�erside hereby further accepts the dedication of all streets, municipaf uses, easemer�t, access, and utilities shawn an the plat, not heretofare dedicated to the public for the purpose(s) as therein set out. SECTION 3— REPEAL OF ORDINANCES IN CONFLICT. Afl ordinances or parts of ordinances in conf�ict with this ordinance are hereby repealed. SECTION 4—SEVERABILITY CLAUSE. The pro�isions of this ordinance are severable and if any provision hereof is declared in�alid, unconstitutionai or une�forceable, such determinatian shall not affect the validity of the remainder o�this ordinance. SECTIQN 5— EFFECTIVE DATE. This ordinance shall be in fufl force and effect from and after the date of its passage ar�d appro�aL BE IT REMEMBERED that the abo�e was read twa times by heading onfy, PASSED AND APPROVED k�y! ���js�rity of the Board of Afdermen and APPROVED by the Mayor of the City of Riversid�,.hAissouri,�this°3`�clay of March, 2015. � „ . , ; � , x , . . . ,- � V � : �__� � ;�`;, ; � K leen L. Rose, Mayor ATTE . . . Rokiin Lit�re�l, Ci y�lerk {I 1 :�".';,� ; . BILL NO, 2Q15-015 ORDINANCE N0. I Exhibit A All of Lots 1 & 2, Argo Inno�ation Park in the City of Ri�erside, Plafte County, Misso�ari, according to tF�e recarded pfat thereof. 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I. � TlnYbrba�f.x1u�nrTx'uuoNIWA R Tl�i'wr[n�Mm�viPaab�+hP QmY�fVnRw+Tti[IwWua6t M^sI1NlItM61 .yt e �vfry�w��M��aK,Mwwwww��rw�a�ws� : � ���4�am apof CeuEn1GA/A! ��� � a�VwMV� �we�s.��ow �,t�ri' � �j I � n �$ bMl�m� � � ✓wfnv. . .�, � � � �� WYI��WN nelw�r�w�mtl` w4De�n�Nc -� ` �� � �.i.�,..�..�.urm.wn«..,.•.r��..e...i.ux.,u. i�.w�...r..e.�r.rr.a.�r.�.. �m,y..r �4N.rdn�w�aw�wruMVP�Nen0.�lld'Mo wr�s�srr�waw��awe� wen��w.�Fot Oi45v.qww�aM�9'��L�.�norno�b.iMcy�aw�arww ��� 1w.�wrrYSY.eq�4y�rs��� �'� .. �bsOM�.Wd�ulmeT��ax�seww�a.�wMeYY+��i.n �vb4aMrriaware � � � �th.M1MwtME+4xn mw� w�rra �,rr-wone.wd�w��•n'..w..�a+.ue.r �1.,v u.�..�u. �,,,,,,,,,, � ^�-�d^-^btr^�+-- ARGOINNOVATIONPARK2N�PlAT •�d.o�..'� o f,���...mm� w aa��� Renaissance ��..�°^ �K,.,,�� nwn�eaw�..a�w «�e......�r.�..., nm��.ewa flfl'�5[f'11CtLIrE ni���;�...�,a .b,w........�u,�,.�.,o Consuldng e.xr�� �..�.w.o�d.. m�r... .M+�v�29016 CITY OF City of Riverside R��E R� '� Staff Analysis Report Case # PC 15-07 Replat of Lots 1 & 2, MlSSOURI �.go Innovation Park General Information Applieant: Premium Waters Location: 4301 NW Mattox Road(Lots i & 2 Argo Innovation Park} Application: Replat of Lots 1 &2 of Montebella First Plat Current Zoning: PD-Planned Development Existing Land Use: Industrial Proposed Land Use: Industrial 5ite Area: Tota124 acres,Lot 1- 874,913 sq.ft. (20 acres) Tract A— 164,007 sq.ft. (3.76 acres} Procedure: The plat will be re�iewed by the Commission and the Board of Aldermen. Analysis Overview: On January 22,2015 a Final Development Ptan was approved for 105,000 sq.ft. expansion for Premium Waters. In order for this to occur Premium Waters will purchase G.5 acres of City owned land Iocated to the east. The proposed plat combines the existing lot(Argo Lot 1)with the newly acquired 6.5 acres(Argo Lot 2)creating an approximaEe 20 acre lot. A 10 foot utility easement is being vacated that ran north and south along the east prvperty line of Argo Lot 1. Additionally,the replat will create a 3.76 acre Tract for the regional detention system. Conformance to Comprehensive Master Plan: The modified plat and proposed use is in confoz�mance with the Comprehensive Master Plan. Recommendation StafF finds the application in conformance with tiie Comprehensive Master Plan, UDO and recommends approval of the replat. Attachments • Proposed Plat • Location Map Page 1 of 1 � . �ILL NO. �073-fl50 ORQINAI�ICE P10. `� AN �RDINANCE AUTHORiZING AND GRANTINC A REZ€?NING OF E.OTS 'I, 2,3, AN�5 O� �►R�{) INtV�VA�109V PAP�K�#�dM "GQ-1 (s�ENEI�L PLANNED lNDUSTRt�►L" TC1"PD PL.�INNED �EiI�LOPMEIVT DISTRICT" 9N ���DRDANCE 1tId1TH TF�lE P�C2VIS�ONS OF THE UNI�IEC� DEICEL�PI�iENT �RDINANGE ���TH� G1TY OF RNER�MI]E, fiAISSUIDRI�►MD a4PPR�!l1�1� i�l..ANN�D i�1STRl�T DE�ELdPNIENT STANDARD� IN CC)hiNE�TI�'N �HEREVl1lTH WHEREAS,Appli�ation PC93-15 submi�ted by the City of Riverside ("Applicant"� rec�uesting �change in zaning fram"GP-I General Plannec� kRdustrial"to"PD Planned Development District" on kartd located generally wes#of Horizons Par�cvvay aY NW 416t Street and legally described as fol laws: All of Lots 1, 2 3, and 5 of Argo lnnova�iQn Park, a subc4ivisiar� in the City of Rive�side, Platte County, Misso�ari (the"Property"��nras referred to the Planning Commis�ion to hold a public hearing•, and li�HERE��,aft�r dt�e publ�c notice in the manner prescrii�ed by la�►, tfi�e Planning C�mmission helrJ a pu�lic hearing on Juras 27, 201�,wherein it�unsis�erec� and reuiew�d the request af the Appticant and rendered a report to the Board of Aldermen reccrmmendi�g that ths zoning change req�ested be approv�d toget�erwi#h planned distr�ct d�ve�oprnent standards for Arga Inno�ation Lots 1, 2, 3 and 5 Planned De�elnpm�nt District; ar�d WHEREAS, af�er due public ��tice in fhe rnanner prescribed by law,th�a Board of Aldermen of the City of Rive�ide; MiSsouri at its regutar meeting on Ju[y 2, 2013 held a public hearirxx� regarding the rezoning request of the AppEicant; and 4�IEREAS, the Baard of Alctermen, affer cor�siderirtg the evidence presented d�rrs�g such public h�arings, has deterrnined adoq#ivn and appro�+al of the rezoning and planned districf developrrrent standards far Argo Innor�a#ian �.ats 'i, 2, 3, and 5 Planned C?ewelopment Dis#rict tn be in the�ity's best inter�st and to pramote the public hea6th, safety anci welfare; h1DW;THER�FURE, be it ardained by the Baard of Aldermen af#he C�ty ofi Riverside, �Ii5SflU�l, as fol[ows: SECTION 1 --REZ�PtING O� PROPEFtTY. The property located generally west�f Horizans Parkway a#NW 41 Street and Iegally desecibec! as"Afl ofi Lots 1, 2, 3, and 5 of 1�ga Inr�odation Pa�lc, a subdiv�sian in the Cit�ofi Riverside, F'latt�County, Missouri" is h�reby rezar�ed from 'GP-I Gen�ral Pianned I ndu�trial DistricY'ta°Pa Plan�ed Qevel�ipment �istrict", SECTlON �--APRROVAL+0� PL/�1�9NED DlSTltECT�EVELOPMENT STAN�ARQS. The planr�er� district de��fopment star�dards for Argo Inno�atio� Lots 1, 2, 3, ar�d 5 Planned �e�eloprnen# District set farth in Exhibi#"P�" are F�ereby appraved. �evelopment of the Prap�rty shall be subject to and cvmply v�rith the Arga Inno�atian Lots 1, 2,3, and 5 �'lanned Developrnent Dist�ict st�ndards#ogether wi#h all o#her�rovisions set#orth in the �ity Code and U�ifisd. D�veEopr�ertt Ordinance oF the Qi�ty af Riw�rside. Approv�l t�f the firg4 I�tr�ovatior� Lo�s 1, 2, 3 artd 5 �lanned Development �istrict do�s r�ot relie�e�t�e Applicant frorr� foil�wing a�l �#her applicable aod�s and (aws c�the City af l�irre�side or o#h�r governmental agency, nor does it relieve tl�e applicant from submitting necessar�r site pia�s or applying for all nec�ssa�y building permits, s�e�tricai p�rmits, si�n permits,o�accupation licenses required by C�y�Co�fe. The standa�ds set B�LL. fV�]. 2413-t)6fl C3RDINptNC� N�. `�� farth ir�the Argo 8r�nor►atio� Lots 1, 2, 3 and � Planned Development District shail have precedence wrhere such car�ditions are more rest�icti�e than th�se set forth ire Ciiy Code. SE�TION 3���41LUR�T� ��III�IPLY. That failur�to compdy v+rith any of tt�e von�itibns ar prorrisio�s contain�d in this ordqnarrc�shap cc�nst9�u#e a vio�ation af btath this ordinance and the C�ly's Unfieci De�elopm�r�t C?rdinance in addition to other penaities which may be contained in the Gify�ode. S�CTI4N 4--EXECU'�ION C)�' D�GUMENTS. T17e iVlayor shail have author�ty to#ake such actior�s to execut�sucFt docume�ts�s she shall deem reasonably necessary tv ca�rry out the provisions and intenfi of this ardinance. SECTIL�N s-SE�►ERABiL1TY CLAVSE. The provisions�f t1�is ordinanc�ar�sc�verabfe and i��ny pra�ssian heteofi i�declar�d invalid, unca�stituti�r�al or uner�forceable, such deterrnination shafl not affeet t�e valiclity of the rernainder of this or�iinance. SECTI�IV 6—E��ECTI�/E DATE. Th�s vrd9nance shall be in fiu�l forc�and efFect from and aftar th�date n�its pass�ge and approval. BE lT REMEAAB�RED ft�at the abo�e was read two tim�s by h�adin�onfy, PASSED�►NO AP'PRt?IIED by a majority of#he B�ard of Aldermen and APFR(31fED by the Mayor of the City of Riverside, Missouri, this �D day of , 2Qf3_ �� � � � . �IAayor Ka#f�le!�n L. Rose .� ' , . �. ST: ' ` . ._ � � � - , . _� • C�ty.Clerk , • e � , . ,... � EXHISIT"A" Horizor�s Business Park"PD"Regulafions (Arga Innova�inn Park Lots 1,2,� ardd 5} A. Buildin Lg ines. No buiiding o�st�icture shall be erected nearer thaai�hirty(30)feet from any existing nr propvsed street right of v�ray. The side yards sh�l have a miinimnum aggregate tatal of si�cty(GO}�eet from the pro�erty lines,but no side yard sha1�be less�than thirty(30)feet. The rear setback line shall be a rninixnurn of tl�rty(30)fcet froin the properiy line. B. B�xildin� Materials and Construction. All build�ngs and other s�ctures witEhhin Horizons Business P�rk shall be constructed af attracti-ve ext�rior sides of high qua�.ity ma�terials including masox�y,conctete, straYctural elay#ile, glass,and metal when used�an incidental role. Sg�cific materials which will be exclucled include �xpczsed (i) galv,a�ii�d sheet metal, (ii) nQndecorative cinder or concret�block,and(iii)double T concr�te panels. Exterio�mechanic,al ar eleetrical equipment;including,but not limi#ed to,HVAC equipm�nt shal!be sn placed or screensd that the predorninant design lines o�the building or structure c,ontinue without visual c�istraction or in#.�z�re�ptian.If the function of the building or struch�re dic#at�s placeznent of such equipment in such a manner or location that the building exteriaz walls thems�lves are unab[e to screen the ec�uipment froncz view of adjacent e�cist�r►g or proposed stzeefs or highways,�hey must be separ�tely screened using materials compatible with the approved building�aaterials and the height of such screening shall be equal to t�e h�ight of the equigment tc� be screened; or with acceptable lai�idscaping. Accessory buildings, enclas�ares, apptirtenant stivctures ta, Qr �xtrusians fro�n, any building or structure s�all be of similar or compatible materi�ls,design and cons#�.ict�vn. C. Suildi�g M�.terial__Colors. Col�a o� materials used an ths construction of �.1 brxildings, encias�.u�s, and appurtenant structu�es will present a predominar�tly wazm earth tone aPpearance. D. Parkin�. E�czg�ayee,custo�ner,owner or tenant par�Cing shall be the respoz�sibility of the property nwners and they sha11 provide alI necessary par��faciIities entirely on th�ir property. �arking on private or public streets or highways wi,#hin the subj ect property is expxessly proi�bited. Except as athen�!ise pres�rided for her�in,alt parking ateas and drives a�d access sh�l be pa�ed with an im.pervio�.s surface equal t� asphalt ar concrete and maintai�ried by the owner in a sight�y and well-k�pt condition. Each parking space prnvided slaall be designated by white lines painted o�the paved surfaces and shall be adequate in area. No parking spac�s, �axking aisl.es ar raadvva.ys, exc�pt the access way, shall be pernlitted within the f�ant fii�een�15)feet c�f the front setb�ck. If parking spaccs are pravided'ui front mfth�bui�ding the vehie�es s�l be screened�from the ro�h�r walls,earth b�rrns,andlor g�lant �naterial equal ta the heigh�a�d�ength of the area. i Adequate off street parking shall be provided by each Owner and �enant for its cus�omers,employees a�d vis�tors;and the parking r�quirem�nts set fo�th in the appropria�e section of t�e Rivea�side,Missour��J�ified Developrnent�rdinance s).iall b�used as mi�irn�ar�guide�ir�es in deterc�aivaing minimum partcing requirements. Businesses experiencii�g rapid growth may suba�xzit a request to the Director of Community I3evelopment ta a11vw temporary gravel overflow truck parking: Parking may be aiiowed in adccorciance wi#h the follav�ing standards: • A site plan identifying the parking ar�a, par�Cing lot si�ze and specifications �or base anc� gr�.vei m�ast be submitted for review privr to the pa�king being installed. • Tl�e parking area s�aal.�not iunmpede public safety. � The maacim�n timeframe for the temporary gra.�el overffow�ck parkir�g i� I$months. At the end of the timefraine,the area amust either accommodate a building!building e�ansion, become green space ar be paved per�ity appmva[s and reguia�io�rs. � An agreernen�t outlizaing the specifics for the tempora�y g,r�.vel overflow tnz�k parking sha�l be signecl by the aPpraPriate business �rese�nfati�� and the D�rectox of Comanunity Development. E. Off_-Street Loadin�. Provision for handling al!tr�ck servitce must be totally within the �uilding site. No loadit�g dacks may be on atiy straet frantage, unless properly scre�ned and appaoved. l�ll laading shall be paved wath an impervivus surfac�eqraal to asphalt ar�ancret�. A.11 side and rear loadir�g serv�ce ar�as shall be prop�ly sc�ned from view fro�n aIl exis�ing or proposed streets,roads,ar high�vays by walYs,earfh bea�is,andfor glant rnaterial. F. 4utside Stara�e aiid Fc��immenit �utsic�e siarage of any type, ir�cluding; but nz�t Iimited to; materia�s, suppiies, �quiprnent, finished praducts or semi-finished pmducts, raw �ateriais,or articles ofany nature�nay be stored or pernutted to remain on any Buiiding Site autside of the buildirfg or buildings const�cted thereon,in accordanc�with ths fo�inwing s#andazds: • �creening. Ai� autdaor stara�e shail be in a:Fenced open yard ade�uately scx�en�. + Location. All outdaor storage shall be located in either a sici�or r�ar yard. Displays shall not be located on public sid�varaiks c,r stre�ts. No r�utdoor�orage shall be lacated withan ten(I O} feet of a street Iine. • ,A:ppearar�ce. AlI outdoor storag�shall have a n�at�nd orderiy appeaa��.uc,�. • �etback. Qutdvor s�orage areas shall comply with ail setbac�requireme�ts. � Height: The height af rnaterials stored shall nat exceed the h�ight linnitation of #ha underlying zo�ing district. Arty�ermitted storage may only occur in a munner so � �v nv� be o�i�ge�tiQnable tc� any occugant of o�her huilding sites in the entire tract. Faciiities for storage vf waste and rub6ish shall be ma�ntained.within a screen�area i�a cla�s�ci�eta�ecan�ag�ers o�ty�s��pproved. 2 , Each �wner anc� te�ant shall kee�z its prenuses, buildings and imgroveFnents and appurtenances in a safe, sightly, c�ean, neat an.d whalesorne condition, and shall comply an at� r�spec#s wi� ail governmental, health and police requiremen�.s. Each �wner a�d �enant shall remove, at its owc� expense, any nzbbish ar trash of any chazactez wk�ich may accumulate on its ptcsperly and s1�all keep unlanclscaped and landscaped asreas aeat anc�r�rell-maintaiu�d. Rubbish and tras�s�all�ot b�dispvsec�of an�ie premises by burning im open fires or incinera#ors. All rubbish ax�d trash containers shall be properl� scree�€eci by an appropriate enalosure. G. lPermanent Park Si�ge. I�ta sign sha�l be erected,pIacecl or atheTwise installed upon a B�aildi�g Site or a�fix�d tn a Beaildi�g,structure,ox athez innprc�vement er�cted.on a Buiiding Site untii the plan.s£or such sigc�shall have been approved by�e City. Flas�ing or movin�signs�all be prohibited. Product�r sarvice replicas or models shail b�prohibited,unless aliawcd per the Unified ]�e�relop�nent Ozdiz�a�ce ar The location,si7:e,design and color o:f all signs z��be in keeping wifh the charactex of the Pazk.Monument signs shall pzov�de a rr�inimurn landseaged area equal to 3 times�he size of the manumen#sign utiliz.a.ng arnamental�rees and s�rubs,grc�und co�er,rack beds,flawexs,or other decorative treata�ents_ l. Park Entrv Si� Park Enl�y Signs shall be 1TC]I1Z�C� t0 1C��[l�t t]I� development�.s whale and not xn�lividual busin�sses. Four Park En�ry Signs sha13 be ge�mitted,each with a raaximum height of 18' and a maximum sign face of 12$ sq. ft. Individual $ualding Monument sigr,�sha[l l�ave a ari�'imunn h�ight of 8' and a maximu�sign face of 64 sq. ft. 2. Const�uc#iQn Si�,ns. A temporary wood,rne�,orplastic sign w�l he aliowec� during the cons�ruction of a buiiding project. Sueh sigi�.s may be eitlaer sin�e or double faced with each face having a ma�cimum area offifiy syuare fset for building sites,Zess t�ian three(3j aca•cs and eiglzty sy�are feet for buildi�.g si�s of t�ee (3j acres or more. All signs pernutted un�er this piavision wi1� be removed immediateky upen issuance af an occupat�:cy permit for at�y building construct�c�nn#he site. 3. For 5�� or�ease Sigan,s, A temgorary waod, meta:I, or�Iastic sign may be ereeted on a da�velaped building site to offer th�properEy for sale or iease. Qne(1)such sigm,having a m�imum area of thirty {30j square fe�t,will be au�vr€zed for�h buildi�g site: 4. Terr�porar�igns,Paper signs,stickers,ixansfers,sign�printed or a�ixed to, ar visible thraugh the wi�dows,doors or e�rior wa.ils of a building or ot.�er signs of a temparary Character or purpvse, regardless af#he compasition of the sign or the ma�rials used t�erefor�,are e�ressly prt�hibtted. H. Land�caping. Al�open areas on any building site not occupied by buildi�gs,storag�:, parking,access ro�s and lciading shall be snifi.�b�y gradeci�wiYh a slope not ta exceed�;l to allow for tn.owing,�nii clrainage and shall be maintained in lawn,trees,andfor shntbs,ineluding lawn irriigation in all such areas. It is the intent of�hese regulati4ns to pro�ide a park-Iike setting f�r#he buildings, 3 as well as to screen objectianable areas and to use best effarts to preserve e�sting trees an its building site. 1�11 si�es shoul� cnnsidex som� type of p�rennial planting at drivs entraaices to tl'e building site. Except as herei��after providecl,all lots are required tv provide a minimwn landscape bui�er af�fteen£eet(15')fo�visual scree�ng along public right-tr�way,utilizing de�iduo�s shat�e anci orn�ental trees, evergreen trees and shrutrs as we11' as encouraging�ve�l-d�signed berms#o integrate with the natura� �opography s�f the site. No paving, be it �or roads, par�, l�adi�tg, sto�age,or walks,shall be pez�tted in this area. V�i#hin thi�buffea area,trees andlar sl�rubs shall be planted t� gxovide an ��£ective continuous screexi at least six feet {6'} high with�n eighteen (�S) m�nths a#'ter inii�ag pla�tia�g. Specifieally,eaeh buildin.g site shaIl include a minimtun ofor�e(1)two�nd c�ne-half (2-`/x)inch caliper hardv�rood or evergreen firee for eaclz two thnusand five h�dred(2,54Q)square fe�#of pe�vious f green space area,to be planted in islands or planting s�trips withi�or adjac�nt ta t$e paved area. Evergreen slhrubs two and one-half {2-'/2� to thr�e (3) feet in heighY may be s�bstituted for tvventy(20)perc�nt of the trees as r�quired akwve. �uildi�g sit�s shall be la.�dscaped in accordance with the genera�fanc�scaping p�for the Park. For aIl building sites, the frant and s�de yard pla.nting areas shall contain suitable gro�nd c€�ver ani3.a minir�um of o�e(lj tree for eaeh thirty t3Q)feet of Buildi�g Site fa'nntage anci, with a�espect to Bu'ilding Sates adjoining a street, on�{�}tree and thaee(3) shtubs fnr each�n(�4) autorr�o$ile parking stalls located thereo�. E�ch deciiiuous s�a11 be at Ieast two and one-half(2-lf�) inches in dismeter at gro�d level at the tinr�e of plan#zng. In addition ta the #ree and s�ab zequirements,there sha�1 be 75 sf decorative plantii�g bed(pere�niaJ.flowers,small sha�bs�d non- turf grqund coversj per 1 DO lineal feet of street frantage. The c�st or value of the landscaping for a Building Site on a Street,inciuding sodding,seeding{north property line alon�ra.il txacks oniy),a� lawn irr�gatian sliall not�e Iess than one�1)p�rc�nt of the c�st of l�uildings and improvements�xp to $S,OQU,OQ�, and an additianal one�ij percent of the cost for each adclitional$10�,OQ0. �`he cost af buildings and improvemsnts, fox the Purposes Qf this Section,may be determined by the esti�aaa#ed cost used by a7n avvner or tenant�n obtaining a builc�ing permit for such improvemenxs. Tt�e landscap�develc�prrient,havi.ng been in,s#alled,shall be rna�ntained by�wner in a neat and adsquate manner,which shail inelude the movv�g of lawns,triirnming o�'hedges,oth�r such maintenance and wat�ring including the installatian of lawn u�igatinn an all sites.The landscaping shall be implementec�and coa�npl�ted vrith�n six(6j months after cozn�iletion of the b�ai�Iding. i. E�cterior Li htin . Lighting of bu�ldings and paablic ar�as, sueh as parking,plazas, laz�dsca.p�g,foiintai�.s;sculptur�s,and walkvdays is required. �Il site ligh�g w'ill be aec�vmplished by usiaag con�ealed source fixtur�s with a nitniIn�azn avera.ge illtamination iri aecordaz�ce wi#h the requirements of the City of Itiuerside,M155�[lIl. A11 exte�:or lighting will be r�aetal 1�alide or white in calor and canstant in nature,speci�cal�y excl�ding traveling,flashing ar i�terinitten�illia�nit�ation of � any kind and must be so arranged ar s�ieldect as �o avaid g,�are or reflection flnta any �ljacent existing or praposed stareets,highways,ponds or building sites. Pole mounted fixtures wi�l have a �a�cimum pole height of twenty-eight(28)feet,including the base. d. Under�unci U�alities,Piues,Etc. No pipe,conciuit,cable,line or the like for water, gas, sewage, drair�age, ste�.ri�a, el�ctrieity, or a�ay mti�er en�rgy �r servi� shal� be inst�led or maintained lipan any building site (outside of any huiiciing)abave the sur�ace of the ground, K. Fenci� _ All fencing vn any buiild�ng site shall be compatible with the hui�dim� m.aterials us�ci in the constauc�ivz�of the rnaj nr struciure on said building sate. A11 metal fenc�ing shald be bl�ck viny! coated or wifih mesh screen and sh�l b� scr�ened by landscaping f�om view from existing or pgoposed streef�, highwaqs and cantiguc�us building sites. Fencing sl�il be limi#ed#o S'hig�ak side and rear yards. Front yards sha11 be decorative irn appearance with a m�imum hetg�t of 3' above grade. L. Animals. Na li�estack;�aoultry ar other aYiimals shali be kepi on a�y part oft�e Park M. MisceIianeous. Each building site in Horizor�s Business Park is subj ect to all presen� and future applicable laws a�d ordinanees,includivag withou#li�itation tt�e Utufied Deveiopment Ordinance�fthe Grty of ltiverside,Missa�ri with s�eciaF attention directed to the follnwing sections thereof applicable to all PD Plangeed l�evetop�nent Dis#r�c#s,pe►#�ining to the following: 1. �moke Cc�n#rol 2. Controi of]Dust& Dirt,Fumes,Vapors and Gases 3. Noise control 4. Control of odors 5. G�are mnd heat controI 6. Vil�ration control 7. Storage and waste dispasaJ. 5 K:-: ^-�xy"` �,:„`_"'"`�-.�'.''`"'.'_ =��. � �.��-„�..�'";���,��' �..,�.,-,^ �` „��;. ,� , .. . � . , , ,x.:.nn. . ......�.....:,�..... .�:.^-s.«., "'�"��.. < .,.. , - '�_ ��...�`�c,"�: <.a�........ ���:->.�;� -�.a.,^�.. 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'.. . �-,�.:�l "'�n.� �,A'�£'" � � .,»e:.`a �,w"`,./'T .:. � .- . � ""S- . '�... ;' � . '� .. "w..�^�"i.a^".e:.� ,�e'v.� "'�""..:�k.�+ . , . . S,y; � �•. �- � ,. � .-.;�� .�,�, s.F:.,-^� �� � ^��. A �� 4 ��'^�¢"���, �-.� '^�*.:�x �- .r ?'. - � �: .s v. � � �, �� � .-�, ;��,,, � : Y�,v � :r�--�' a. 7 �`�"'"`�.,,�;a.n'v �°. � . ..,,,� c-=' `".�'-_ `'"�' ��z s, a . --v.�,,, .,.,. rs �^ y"�.�:�"�.�,,, „�,'",.�',� �,, '� 1 r ""� �s"'*c' �-�"��'�,.--°�.��^_`�:` ,�,� ,.:�, ��v�"'y" ��M - �. .: - s .y .. � ,r' „�, �� x _,�„_ -�..."�"n' .�z°�'z-�`� �" � --�,,s �. -�, :� � . „ y.. ��..�..^^,.,'S^,.�"��"`,,,..��, '"'"- �. ,s.d�, .- �.._ �, . ��. "" .. 4 "� �-� c. � ..� � r ��:..'v.�..�,.✓��m. �- �;.. '��'�� �re�..'.�..�'"�� , - G '"`S � t , _ ..v"- `�'� r � L-�U. _..�� #� ��� i..- �� ' k � Z ^e:v .�.. � � � ' , 6U � :.-.%" . .+.... ..». ».;»",,.:... .,:.'5..... �'wla`�».MTf`^";r'inF�"''�,�-�C.'� :<...+r,""""`���""�"„'^;� � . . ..�..........:. .... . .... -w'-:'-�•;-.�: . .. .:3..:. .. ,.-.'.:..... ....:-.-.: ..'..:...:. .�...��,..��.....:.:� .»...:,.,..,.,"�. _�._, ..":..:' . :'..'.-.�.: '.'.�:: �:....'.� :. �:.'. '.. �i�vu��s. R���'i.AR N�EET�l1iG PLANf�i�NG AN�Z�NiN�CO�lIMt5510i� R11lEF��i�E, MIS�C)URi ThvrstCay,�une 27,2013 7t�0 p.m. The�'lanniing and Zoning Cn�tuission f�r the City�aYl�ivetsitte,]V�issnmr�,met in reguiar sessi�on at Riversida City Hall,295{1�[�i{�Vivion Road,Riverside,M'tssouri. Chair A1 Bvwman call�d t�e meeiing to ardex at 7zQQ p,m. Answering ro]1 call wete][day U�i,Har�old Snoderley,. Ste�en Kin$,Axlt�omsr,anc!Steven I�spar. Also�resent: Jackie Carlsan Pt�tning aud Business Seivices,I�eith Payne Assisfamt Fure Marsh�tll,aad Comtnuuiiy Dcve�apmexitAssistaut Sara�t 1Nagner. Mecrtf�ers abs�nt tivere Jim Frakes,Mike�oler, II+Ii1ce Lombardo,and Mayar K�iy Rose Approvat of Mi�autc,s of Comnu�iqner Snod�rlsy movec€to app�ave the minut�s af Ju�a.e Jun��3,20I3 �3,2�13,seconded by Cnmmissioner Kitzg. Mc�#ionpassed 6�0. i I Publi�Hearing �hair Boav�nau��enec��ee Pubhc H�aring:a�7:01�.m. Rezotuag i.o�s 1,2,3 and 5 Argo�nc�+a#ian�ark Jackic Carlson ex Ia�aieii 1�at t�� � p � applic,az�t�a�r�Ius request is t�e Cify. '€"his requesf c�z.�for a discr�ssinn the City had with ! Pr$miiun�i7aters about so�re#emporary g,ra�rel parkin�while they j st�dy the n�ed far expansian. The City founcl t�at only a gartion � of the�a�vvas.rezoned tn PU in 2{H1'�at�d the remainde�wes s#ill zoned GP-I. �Vith this request th.e City s�w the o�po�r[unity to � clean up th�zonirag o:f#1ne i�roperiY in f�is�lat. 3ackie w�o�to ; expiain#i�,t with this rezon"[tag also comes a f�w minor c�ean�s tc� ` the PD regu��tions assoc'iated with the p�ioperty. Tlus imcEi�dcs s ; seotia�regarding t�ie ternporar�`gr�v��pa�ing. ; Com�nissianer Kaspa��sl�ed w�at Premium Waters wat�d do for ; addi�iortal,patking if#hey did expand. Carlsa��e,plfed that i�svould�e somet�izxg they w4uld need to consider and pc�ssi�rly acq�ire addii�onat latu�ta the e�s#. C�mtnissioner Uht asiced about the�e aiF g�rav�l beieig use�. �arIsar�a?ep�ies�hat tihe,��xe�o sp�cific r�q�irements�41�c P� rcg�ations for ti�e�ype Qx depcli of the gra�el,bt�t�ey� req�rsd to srx�6ini#aplan forreviev�rwitl�tha.t�ormatio�. 1 f ;. � Rick Turley,F1ar�t 1V�anager far Freaniu�n�Naters adc�re�.s�ct t�e Cam�ni�s�ion. I�s said he was��re tanight#o er�st the sttp��t af #h�lPlanning Co�aissio��or the t��poratY�arki� ']Chey have got#�n more busincss fiha��.expected�tnd�vill b��dcli�g 10Q miare �jaFss. As a xe�tilt�haV�mflire t,ruck th�n�expected. T�xs temPurar��ar�Ci��c�il help ta all�iiats same ofthe ia�c�C bacl�p on ta Ivlatta�R�acl. Haviug xzv f�er com�e�Chair Bpvvmaa clo�al fhe pub�ic �earing at 7:12 pan. Cona�ai.ssito�er King moveci.tn recemmend apprt�va!of�.e reznning nf Lofs �.=2,3 an�5 of A,rgo�nnava#ian Pa�k to the � _ Board uf Aidei�.en,secaor��by Co�nmissioner Uhl. � IViation pass�d 6-U. Pubtia Hearing-Special C�air$o�vtrtan op�ed#he Pu�1ia Heaein�at 3:13 p.m. � �se Pern�it�$25 N�T 41� : Street C�rlsoa�e�lained that the applicaut,Narfh Point Development � �ss rec{uestiueg�special.use per.�it for oubdoor�forage at Hflrizons . 5pec�bui[dYng, At this time PFG/'6�ist�[accupies a majnrity afthe buitdit�g le�#ving.ap�►r�ximategy�Q feet nf��occupied speoe f4r 1'�0. � Nc�rfh Paiufr has��te.�tial tenanC b�t they would reqvire ot�door storage. The apprnvcd P]D r�guladbns for t,his area.altow far an�tdrjar ` stara�e r�ith thie applioation and approval of a specia�Usc�ermik. 'lf�e i stnrage w�ll 1ae lacates�the.scx�t�tvest corner uf the�ui�ding aad vvill _ be sprrour�ded by�8 foot svali and 8 faot black po�vder caated r►iny[ chai�linlr fenae with�lac�c�es�scr�eaing. T�is�r�a will abut i Ga[lagher's fnic[c tock and w�s ariginally planned ro h�ve dack doors aad be a sha�d truck dae�betweert dtis bui[ciing and Gal�agher. Tha applicant is proposing additiosral landsc�ping as tivell,Staff docs � reco,nmeud approva{ofthis aequeest with oonditioaawss as�'alla�: - -Max;mu3n�rage aCc�ia 0.5 act�rs � -A31 matetia(s beir�g s�ted are.associat�wit�the business that has t€�� � storage area -Stbr�ge areae are Ine�ted'sr�a s�de or rear year at least 10 f�at fro�n t� s�r� -S#arage areas ane fenced;scrcened,and kept in an orderly�n�r, r �Starcd materi�ls shall not exceed�fae height af the fe�ca. -Review af the Special Usv Pe�rmi#only i�there aie code violations er a , teoant cha�e . Gommisseoaer Kaspar asked wliat types o�materaal wi11 bc sta�red. Brer�t ivCil�.s�itla Noc��int replied that:r.�snchqt and spools of�vsce e�ould 3se stored i�t t�is area. Tftey tvill.also itav�24 hour security. ' RTosth Po�i c�rigia�Cly v�at�d.ta puf th�s tetaatit�S�sec II 6u$feit t€tat �e outdaor xtorage wau9d be t4ovisible�t that laca�ion. In addition, the u�keep and storage reyu'rres�ents far tbis tenant rvitt be wr�n inta 3 � I i E a penalty c[ause Comr�ssioner d�omet ask�d what#he vi�w�von�d ba from tf�e of�ce pnrtion of Horizo�s. I�Cilc.s.rs}�lied fhat soma of t�e o�ces a�asa to thie iran�#ian are� 6eE�vee�t�e.i�dustr�al portion srid the a�fice.portion may be ab.le to�ee mto fhe storage yard for a s second story Qffis;e or highcr. �omm iasioner,S�roderley as[ced wF�at sur.�ace#�a matcrial wat�d be stared on. ' � Mi[es replieci t'f�a#it wnutd be concrete. � Comm�ssgvne.r�aspar comiaasni�d thal Nort�Pflint�s dort�s4 goacE � �th develc�pirig tlsis zte�a rtvi�flut�iry outdoor storage. .HB questiome�d if j it wog�d cit�nge�he#ee!rif t�e.perk and s�id.he wa�aH�zxith fbe oettdoor storage t��s�ima l�ut l�ce�y��ou��ot i�in thc fut�ue. i F Cl�ir Bowman rnoted tt�atl�e would�il�ta sec th��LTA�cpire tivith tl�i� j te�ant ar�d if anaf�er#eaant woutd lika�a do autdoor sforag�d�at it rnust i co�ts back before tke Planni,ng Ccuwuuission aud 14Iiles agreed. ' .� Chair Bowmat�clased the pu�lic Hes�ng at 7:33 p.rr�. - Cotnrnissioner Kitt mo � g v�:d to r�cnmmends approvaf of##he specia!use , peranit far ottGdoar storege at 4825 NW 4!�Sheet tQ tlir�8nand of I Alde�en with th,e foltowing condit�or�s: ' M�xitn►�m stoe-age aeea is U,S acres � -Al�:materials beis�g stvxed are�ssocia#ed with the business#iat has tlte storrage are$ a I -Starage areas ate Iocated in a side or rear year at least 10 f�et from th� stre�t -Storage�reas are fenced,scree�reci,amd�.pt iu an oade�'dy man�er. � -Sfared ma6erials shall not exceed t�te heigh#of the fence. . -Review�f�b:�Special Ilse Permit onty if t�ier$ara codc diolations. -If the tcnant I�a�►es che�H�e.8 i pecial Use Permit��res. Commissivuer�nodert�y seconded antl the motinn passes 6-0. ! Asljvun� Commissianer Kitig anoved to$dj�urn, seco.�ded h}► . Carnmissia�er CThI. ; Mof�orc passed 6-0 anc�tl�e meeting was sdjour�a at�':58 p.r,m�.m. Saralz Wa�,�r Communifiy�ev�lagment ' � � j ! ci�r oF C��ty af���rs�id� ���� �taff An�lysis Iiep�rt � �'C13-1�: �r o Innava�i�n �ar� I.�ts � �issau�� � dlps�reerm�'exsm ardinary. �-s �� � �11[� � �#�Z�AI��II� General�rifot�nation Applica�at:�ity of Riverside I.oca�on;Lats 1;2,3 an,d S of Argo Innovatinn Park Application: Rezone fi-am General Planned Industrial(GP-Ij�c�Planned Develapment(PD) Req�est�l Zaniu�eg; PD-P[anned Develapxnsnt T�.xicting Land Use: Light Indust�isl an�Undevelaped Proposed La�d iT�e: Light Industrial Site Are�: C0.45 Acres Procedure: Th�procedure for a rezoning requires a.p�blic i►earing before the Plar►ning CoYnmis�iot�after at least 1 S days notice has be�n given in a newspaper of gen�ral airculatian and znaiiings to property owners within 185 feet of the propased praject. 'I'he public notificaf:on requirements have been fuifilled�vr this application. ' I�troduct�oa: 'lfie reyuest�i actifln is ta r�zone appraximately eighteen(60j acres�ra�n"GP I: Gensral Pta�aned Industrial"to"PD:Plann�d Development",which rs lopated south of I�igl�way 9 arid vyest af Horizons Parkway and inclu�es 3nh�so�Cantrols and Premi��n Waters. The property in question is owned liy the City of ltivecside and#1Ee Industrial Development Authority. An�Iysis: The property in question is currentiy znned both"GP-g: General Pia�ed Indusirial"antl"1'D PEanned Development:' Tt�e City is requesting that al l of the property be rezoned to an endustrial PD, The UDt)siates � that the GP Disf.rict st►all be a holding district,no de�elopment shali occur within tlhe GP D�strict untii the property h�beer�razoned. This r�quicemen�af the UIC�was specef ca1�y put in place so that the.Planning Comm�ssion and Board of Alderrnen vsr�u�d have the ability to review davelopin�nt pians for eacl�property with the Horizons area tq ensure that it meets the Master Fla�appraved by the Ciiy. Tla�e iJDQ also sets the minimtann sEandards that a.lI developments must m�et wrthin tl�e City. inciuding arc�i#ectural design a.rad material�, laaiciscaping and buffering,parlcing, li�ting,and settiacks. In 2007 all�roperty owned by the City in Horizo�s was rezoned to PD. At this time Arg�Innoxation Park was not yet established. Thus,the ZU07 rezoning included�raly the western ports`on of vvhat wpatd becc�me L.ots 1,3, and 5 of the Argo Innovation 1Park Plat wirich was approved and recorded in January of 2�11. The remaining portions of Lots 1,3,and 5 as we11 as Lots 2,4 and 6 have never been rezoned. In March af 2U11 tl�e finat developmen�t plan For Johnsan Contrc�ls was approved far Lcrt 3 anr�thc Fu�a!development ptan for Pr�rrreium Waters was approved in Jannary af 2012 for Lot �. In Marcl�af ihis year Lots 4 and�,�swned by Don Coleman,. were rezoned to PD. 'T�e Grty feels it necessary to clean up tdtis atea ar�d have only one zoning designation per�ot as well as have a�9lots�wned by t}ae City gove�ned u€acier the satne P�?cegaalatian for th�s plat and to be in eoa�forananee wit�i the LTI]�. The Cify is prop'osing;to keep a�najor�ty Qf the original 2007 approved PD r�gulations feelin$that#kaey still�neet the initial intent c�f this area. S#af�` �as added in provisiaz�s tn a�lc�w for some modifica�tion ta the parking �equirement allowing for temporary gra^vel p�rking for business experiencing rapid growth as long as t�ey gst approva�fram the City and�n�et c.�rtain standards. Reco�me�dation: Staff eecommends apparoval of t�e requsst to rezdne property frQm iGP-I to PD as it conforr�s wi#h what the Mas#er Plan calls out ftor developtttent in Hvrizons and fits with the gertera�r�eveloprs�ent standards of ths surrouricfing area. Attact�meats: - Propased P[anrcer�Develnp�ent Regulations - Project Loc�.tir�n Map ;, ;; , , , 7'�] , . . . . __ �����.§�f�.A.�G�:,�B'! -- _ �-���-i��ns ��s�����:�'���"�?T�`' 12������€��'c�z�� � � � � � � : , �����I���s�r������a��.�.������� .�� �� ��ilc�i��L��� �c�b�ilc��z���ar'�����zr��a�1I���r������e�.��-�����t,�{�C���'�:�;� �`r��a����:i����cs��r��s�i��;�t���c�t ra��c�����_ �"�i�������ar��sh���.��=e�rr���i���i����;rr���at� �s���l�:���i��a��4�)f��t����:;€���r�.����n��.�ii�����ic�e��ar���t���1���t�a,�t�€�rt�'���)�`��tr: C`�t� , '���zr��i��t;�:�i�����1 he ��i��i�� c��";tIt����t1���.��t���t�g�€ag�:��:�atac:. `�. 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'�����t���'�;���z�ca� ` '�`. �tv������.��t���s��s�a� : . . . ,. � - EXHIBIT A PI20JECT SI�E LOT l.,ARG���NOVA:'�ON PA�.R:K 2'�'D]PL�.T,a subdivisio�i�a T�IE City�f Rive�side,Platte County,Missouri A-1 EXH][BI�' �i �,EGAL I�ESCRIP'I'IQN O�LAND L�t 1,ARGO �IOVATIOlV PARK, a s�bc�va5ao�a xa��he Ci�y mf Riverside, Platte Cvunty, MisSo�ri. and �.,ot Z,ARGO INNOVA�'x�Ji�T PARK, � subdivision in t��e City of Rivex-szde,Platte.Couni-�, �fissauri LES�A�T� EXCEPT: Ail tla�it poitian of saitcl �,ot 2 descz•il�ed �is follazvs: C"a�n�neaaczub xt��e Nort�east car�et�c�f sait�Lot 2; tk�e��ce coincident v��it1�the East Ii�.e af saic�Lot 2, �outh 00°28'�5 �?�est,343.78 feet ta the Poin�flf Se�inninga the��ce ra�ti�a�iu; alor►g saici E:�st line, Souith t10°28'a5�i'Vest; f�5.75 fee�; fhence cantinuing�Ii�ng said E�s�Ii�ze, �or�.h 65°'?3'28" �%Gest,376:2�i feef; thence eontinuii�g alon�s�ic�East li�ee, Sou�th DO°28''i$„ �4Vest,410.77 �eet to tlx� Sou�hek�st c��r�ie�t�ei•�of;t��exxce r.oi�ici�leut«�rth the Sout�i�iaie o£ s�icl Lot 2, �nrth GS°22'3$" �est,358.38 feet tQ the S�uitIi��'�est coa-zi�r the�•eof; tlae.mce coincid.�r����ith t.lie i�'est line of si�a�Lc�t 2,North Otl°16'1�" Easf,3G�.4d feet; the�ce ciQp���•ting saicl V6'est�'ine; Stsuth 89°�3'35" Eas#,?SS.�� feet; flte�zce Sau�h 65°23'Z8" ]�as�, 4�5.G2 feet tv the P�iz�t af Be�innii�g. All of the foregozng praperty now being known or deseribed as: Lot 1, ARGO INNOVATION�ARK 2ND PLAT, a subdivision in the City of Riverside, Platte County, Missouri. �ILL hl�. 201�-042 OR�1[V�1N�E �IC�.�� i4ld ��ml[VANCE AUTHQRIZING THE SALE ��' �EF€TAiN PROPERTY BY THE CITY TU PR�IY�IU�I V41�►TERS, INC. �N� e4UTH�R1ZIiVG OTd-iER QCECIl1�9E�tTS Ald� ACTIO�S RELAYIED THERET� . WHEREAS, the City of Riverside, �ll�ssouri {tt�e "Cii�'} ovms certain real prn�rty oansisting of approximat�ly 5.645 acres, rno� par�iculariy descr�bed in Exhibit A attached heretcs and incorporateci herein (the "i�roperty"); and ifi1F[EREPeS, the �ity d�sires to self the F'roperty to Premi�tm Vlfiat�rs, In�. {"Prem+um Waters"j and Premium 1Jlfaters desires to purchase the Property frarn the City, all upon the terms anci �or�ditior�s in subsiantially the fprm of Reaf Est2�te Saie Go�trac� at�ached hereto and incorporated her�in as Exhibit B (the "Agreernent") far th� p�ice of Two Hundred Severtty Thousand and 04/100 Doq�rS ($2Z0,00(�.00} {�he�Sa1e Pricep); and WHERE�eS, the sala o� the Property to Pr�mium Vlfaters is ar�ti�ipated to contribut� tawartis ir�creased actBvity and revenues under the L-385 Levee R�clevelopment Plan, as a�nended (the �TIF Plan") and oth�r economic develapment within ihe �ity; and V4�HEREi4S, the Scaa�d of Aldermen f�r�d that enterfng into the Agreement and selling the Property to Premium Waters far fhe Sale Pr�ce and on the otF�er terms anrf cc>r�ditior�s contained in #he Agree�nent are in the best interests of the Gity in tF�at sueh actions fulfill a pubiic purpose and will further �e growth of the �ity, improve the en�iranrnent of t#�e City, faster increased ecanomic activity within the City, rncrease employment oppor��anities within the City, further the objectives of the TtF Pian, anrl otherwise are ir� tFie b�st irrteres�s of the Ci#y E�y furthering the health, s�fety, �nd welfare af i#s r�sider�ts and t�acpayer�. N�VIt, THEREF�RE, �� IT ORDesr,tf�lE� BY THE BOARQ O�►4L�ERlil9EiV ��THE CITY�F RI�dERSIQE, IIlIISS�El�1 AS FO���IPIIS: SECTE�N '� -- BEST [PtTER�ST �F THE �ITY TO s4PPROliE THE �►GF�E��ENT A[�D S��L ThFE PROP�RTY TO PR�IMfl�lll�V11a►TERS . I# is in the best inter�st of the City, in order fo further the grawth of the City, improve the ��vironmer�t c;#the City, foster increased economic acti�ity within the City, increase employr�ent opportunities within tf�e City, fur#her the objecti�es of#he TI� Plan, and �therwise is in the best interests of the Gty by furthering the health, safety, and we�fare a� its residents and taxpayers, #o enter into the Agreement and t� sel�4#�� Property ta Pr�rnium V1laters f�r the Safe Price and an the otF�er terms and conditians contained in �tlie Agreement, and such �4greernent is hereby �pprnVed irt suf�stantiall}� the forrn a�tached hereto as Exhi4at B and incmrpora#ed herein and such sale of the Prop�rty to Prerniu�n Waters far the Sale Frice and an the other terms and conditions contained in the Agreerr�erat is hereby approv�d. SECTI�N � -- I�U7HaR[TY GRr4P�TED. The Mayar is authorized fo execut� and deliver the Agre�ement irt substantially the �orm ai�ached �tereto as F..�chibit B, wifih such chan�es th�rein as are approv�d by tf�e FVlayor. The IlAayor, Gity Administratar, Special Caunsel t� �he City — Spencer Fane Britt B� Brov�tne L�P, anci oth�r appro�riate afficia�s and employees af th�e City are #��re�y aut�arize�i ar�d directed �� talce angr and a[I actiQns as may be �f��rn�c� necessary or c�r�rrenient tc� carry out ar�d cc�mply uvith the in#ent ��this �rdi�ance and to execute and deiiver for and an behalf of the Gity a!f certi�icates, ir�struments, agreements ar�d o#her dacurrs�nts as may be necessary or caravenienf t� perForm alI matters herein authorized, including, without limitation, executinc� a�xf del�veri�g a SpeciaE il�larranty Deed fior the Prc��erty to Premiurr� IIVa#ers upon ciosing of the sale af the Proper�y and executing and delive�ing a Lev�e WA 5695479.1 IBiLL NO. ��15-0�2 �RD[MA��E �O. �lssessmer�t Allocation Agreement with Premium Waters in connectiort with the re-allocatiar� of levee disirict assessmer�ts res�alting frorrE the purchas�and sale of the Proper�y_ SECTI�N 3. EF�ECTI�fE DATE. This drdir�ance shall �e in f�.,il fiorce and effec�f'rom an�l afte� its passage and approvai_ BE IT REIfiIEAlIBERED that the a�ove was read two tirnes by heading o�ly, PASSE� �ND APPRO�//ED by a majori#y ofi�he Bo�rd af Aldermen and A�PRQ1l'ECE by the Mayor'of the Ci#y of Riverside, Nlissouri, t�is /9�9ay af , 15. � �; �.. .. . Kathleen L_ Rose, fl�ayo�' ATf�ST.' " � � i�QEiin ittrella�it Clerk , ... " 3 � • Approved as�o fivrrn_ , ',,,• ' , � •, �-. . � � , . ', � .... � ,��` ,4 . �" � '� r S er Fane Br��t 8�Brawr�e LLP, '� � �' S cia n�e�to td�e City se by� e Bedn WA 6605474.j �31LL N�. 2015-�42 O�tDIN�4NCE NQ. �7CH18iT� ��Ge�►L D�SCRI@1�Oi�E Lot 2, ARGO IIr1NOVATiQN PARK, a subdavis�on in the City of Riverside, Plai�e Cour�t�r, Misso�ri LESS AN� �C.CEPT: All th�at porkion �f said Lot 2 described as follows: Commencing at the nortf�east comer of said Lot 2; thence coi�cident with t�e east iine of said Lot 2. South �Q°28'S5 West, �43•78 feet to the Point of Beginning; thence continui�tg aEong said east line, 5outh 00�28'5� W�st, 65.7b feet; #henc:s cont�nuing �{ang said east lir�e, Nort� �5°23'Z8" 11V�st, 376_2� feet; ther�ce cnntinuing along said east line, �outh 00°28'58" West, 4'10.77 feet to #�e southeast carner thereof; ther�ce coinciderr� r�vith the sauth ffne nf s��d �at 2, Nor�h fi5°22'�S" 1Nest, 358_38 feet tv the soutE�west comer therevf; thence co�ncident �vi*h the west line of said Lt�t 2, North QO°16'14�r East, 36'I_46 feet; thence departing said west lir�, Sauth 89`43'35" East, ��5.96�eet; thence South 65°�3"28" East, 455.62 feef ta the Point of Beginning, containing 184,007 square feet, or 3_76b acres, mare or less. WA 66�5474.a �BLL 6r1�. 2t11.5-04� O��IfNe4N�� NQ. � EXHIBI'f B REAL �STA�'E SALE C�NTRACT 4YA 6605474.1 REAI.ESTATE SALE ��NTRA�'I' THIS REAL ESTATE SALE COIVTRACT �this "Agree�ent"} is �ade azid �ntered into as c�f the _ day of , 2D15 (the "Effective Date") by and beiween THE CIT`�'' t`�F RIVERS�I�E, MISSOU� ("Seller"}, and PR�MIUIl+I WA�'ER�, INC., a MizznescDta. earporatio�a("purchaser"�. WHEREAS, SelIer owz�s �e real properry legaiiy described in E��eibit.A and genezally de�sicted on E�ehibit B,eac� att�ched hereto and incorporated herein(together with all af S�ller's rights, privileges, a�d appurtenances associa�t�d ther{e�vith in Seller's pnsition as a lazxd�wner but nat ia�S�lIer's position as a rn�nicipal body,the"Property"); az�d WHER�AS, Seller d.esires to se11 ta Purchaser a.�d Purchaser desir�s to gurc�Zase frotn Sell�r the said Property on the terms and condat�oz�s herein�fter set fort�. NOW, THEREFORE, :n con:siderat�on af the for�gaing r�citals and their mutual �rarnises and agreements herein�ft�r contai�ned ancf �ar �ther good and va.Iuable cc�nsideration, the reeeipt and suffieier�cy of which are hereby acknav�rIedgecl,Sel�er and Purct�ase�r hereby agree as follaws: �RTICLE I. SALE�TD�'URCHAS� 1.1 Purchase �'�ice. Seller agrees to se�l tn Purchaser, and Pzarehaser agrees to purc�Z�se from Sei3er, the Property. `The Purcha�e Pri�e (the "Purct�ase Price") for the �roperty shalf be Tvvo Hi:urdred Sevenry Thousand and�01100 �olIars($270,0�O.OD). F�'cliaser a�rees to pay the Purchase Price as fc�lfows: (a) Twenty Thousand and 001100 Dollais{$20,QdE�.�DO) {the"Farnest Mo�ey") within five (5) bu�iness days of the Effectave Date, svch Earrtest IV�flney to be depasited 'az� the insured tnYst or escrow account of .�ssw�ed Qua�ity Titl� Insuran�e Comgany, Kansas City, Missauri (the "'TitIe �nrngany"� by certified or cashier's check or by f�deral wire iransfer of funds as part of the cansideration of the sale; and (b) The ba�ance to be paid by federaI wire transfer on or before Closing �as d�fined in �is Agreement), adjusted at �losing far proratians and closing casts as described herein or as are mtaivally agreed between th�parties. A1tTICLE II. '�"�I.E�ND REPLAT I�QCUIVIENT� 2.I '�"itle Com�i�ent_ Seller sha11,�vithin ten (1 Q) business�ays after ihe Effective l�ate, at Seller's soie cost and expezzse, obtain azzd deliver to P�rehaser a lease�old �tle comrnitrnent ir�current ALTA forrt� and otlaerwise eonsistent in form in all materia] respects with the �easehold ti�le carnmitment previously issued for the parcei naw known an� described as Lot 1,.ARGO 1NNOVATION PARI�, a sul�division c�f the city of Riverside, Platte County,Missouri (the "Title Cor�mitment"} issued by Title Company showing the curreni stat� c�f #itle t� the Property, together wifh readily legible copies of all docurnents and plats, if any, wlhich are referred to in t�se Title Co�mitanent. 2.2 RepIat. PurcI�aser shall, at Purc�aser's sole cost and expense, cause to be prepared and furr�isi�ed to Purchaser, Seller, azxd �he Title Company, a z�eplat (the "Replat") of Lots I arid 2 ("Lat 1"and"Lot 2",respectively}of AR�INNOVATI(�N PARK, a s�bdivisian in t�e City o� Riverside, Platte Co�anty, Misscauri, in accordance with the standards a�d conditions set forth by the City of Riverside, Missouri and Platt� County, Missouri and sha.Il include,withaut�i€nitation, a reasonable access easement upon, a�ver, a�d across�he Property ior �he benefit of Seller suf�icie�t for Seller to acces�that portion af Lot 2 which is not part o�the Prope�r#.y with the exact locatzon, terms ar�d conditzc�ns thereof to be agreed upon by the parties {the "I)eientior� Traet"), w�ich Replat shall cotnbin� I,ot T and the Property into a single tract (the "Combined 7Cract") and shall leave �e De#ention Tract as a separate traet. Notha�g cc�ntained in Lhis A�eement shall obligate the �eller, in its capacity as a �unicipal body, to gran�, zcpprave or issue the Replat other than puxs�.nt to generaIly applicable laws, rules or regulations without ar�gard to the existe�ce of this A�reement, and nc�thing in this Agreement shall be construed as a waiver of�he police power of Seller in its capacity as a municipal body. If Purchaser has prepared and furnished the Replat to Seller but Seller, in its capacity as a rz�unicipal b�y, has not appro'ved €�f such Replat priar to the Closing Date, th�n Purchaser m�y terminate this Agreement and receive a refunc�of the Earnest Money by praviding written not�ce to Seller on or be�ore the Closing Date. 2.3 En�vironm�nt�l Re�t�a-ts. During the Feasibality P�riod, Purchaser may, at Purchaser's so�e cost ar�d expense, cause to be prepared and furnished to Purchaser, Purc�aser's Iegal couns�l ar�d the Tit�e ,Company, Phase I ar Phase II �n�ironmental reports as deemed nec�ssary by Purcl�aser(the"Environmental Reports"): 2.4 I�evaevv af "�`it�e. P�rehaser shall, dwing the Feasibii�ty P�riod, no�ify Seller in writi�g of any objectiaris Purchaser has tQ any znatters shovvn on the Title Cominit�nent (or arising the clat� of the Title Connmitment) �r the Enviranmental Repar�. All objections raised by Purchaser in the rnaru�er herein provided are hereaft�r called "Objections." 5eller shall have the opt'ron, but not the obligation, �o remedy o�remove any Ob�ectinns (or agree irre�ocably in wri�ing ta remedy or remove a.11 suc�Objections�.t c�r prior ta Closing}during the period of�ime (the "C�.u'e Peric�d"� ending �n th� b�sitaess day �mmediately preceding the Closia�g D�te. Excep# to the extent �hat Selier cures, or agrees in wrifiing to.cure, such Ob�ections d�ring the Cure Period, Seller s�iall be clee�ed to have elected not to cure such mattears_ In the event Seller is,or is deemed to be,unable or unwilling to re�edy or cause the remaval of any Objections (ar a�ee irrevacably ta do so at Qr prior to Closing) within the C�re Periad, t�.en exther {i) t�is Agreer�ent may be te�inated in its ent�rety by or on behalf of Purchaser by giving Se�Ier w�itten no�ice to such effect during the penod of time (the "Termination Pe�iod") end�ing on t�e eariier of{A) the tenth (lOt�) business day foll�wing the end of the Cure Period, and (B) the Closing Date, whereupon a11 parties hereto or mentinned herei�a shall be released and relieved of furthez obligations, Iiabilitnes or claims hereurtder and the Ear�est 1Vloney siiall be returned to Purc�taser; a� �ii} aa�y such O�jectioras r�aay be �raived by o� mn behalf o�Pu�chaser, w�+.h Purchaser t� be deenzed to have waived such Objecti€�ns if norice of t�rmir�tion is nat given within the Termination Period. Any title encwnbrances ot exceptions which ar� set farth i.n �e Title Commit�nent or Env€ronmental R.eports and to which Purchaser do�s nnt abject an c�r prior to the � WA 6595 i 12.1 la� day of the Feasibility P'eriod �or which are thereafter �vaived or dee�ned to l�e waived by Furchaser} sha11 be deemed ta be permitt�d exceptiozzs to tt�e statu� Qf Seller's �iile to the Property {together with zoning ordinanc�s, real ssta.te taxes and assessments nat yet due and payable, and boundary matters that would be disclosed on a current and accurate survey of the Prnperty,tl�e"Permitted Exce�tians"). 2.S Feasibility Period. Purchaser shaJ.i ha�e f�'om the E�fective D�te until Iv1ay 28, 2Q15 (the "Feasibility Period"} duri�g wl�ich to conduct su�l� inves�gations and studies of t�e Properiy as ]Purchaser may deem apprapriate or neeessary, including without lixnitation, feasibility studies, soil tes#s, so�l bo�ings, eore ciriliings, en�ironxxaental investigatic�ns, asbestos investi�ations,pest ins�ctiQns, mechanical inspections and other such tests or investigations. �f at any tirn�during the Feasil�ility Period,Purchaser determiz�es that the Pro�erty is not suitable to Purchaser, in Purchaser's so�e �nd ab�olute discretivn, t�en l�urchaser may termi�ate this Agreemen.t and receive a refund of the Ea.rnest Money by provic��ing written notice ta �ell�r at any time during the Feasibility Pe�pd. Selier shall liave na abl'rgation to c�re any physical defect four_d by P�Archaser tiura�g the Feasibilit�� Period. At any time dwr�ng the Feasibility Period, Purchaser �ay accept the Property by providi�g wri�ten no�ice of s�me to Seller. I�the Agr�ement is a�at ternviz�ated during the Feasibility Period ar t��ninated by Purchaser pursua.�t to Section 2.2, Section 2_4, Section�.1, or Sectiaia S3,and if#he conditions precedent cantained in Section 3.1 are waived by Purchaser or satisfied by Seller, �hen the Earnest 1Vloney sYiall bee�me nonnefundable. 2.6 �ccess. SelIer grants a license to Purchaser, its employees, agents azad third-party consult�nts and contract�rs for �ecess tn the Property far the purposes of conducting the investigations and test� c�escribed above, fror� tlae date hereof until the �d of the Feasibility Period. Purchaser s1aal1 def�nd, indemnify an�i holrl SelIer, i1s elected officials, employees and agants l�rntless fro�ri any loss, cost, harrn, lia�iiity, damage or expense w�aich rnay be incurared or suffered by Sellez� {or any c�f the parties andemnifieci hereby) �sing aut of or in cvnnec�ion with any activiries of Purchaser, its emplo3�ees, agents and tivrd-party coz�sul�atyts and contractors, on or in connect�c�n with the Property, which abIig�tian of Puachaser s�iall survive the Ciasin.g or the tez�m.ination of this Agreement. Ia the �vent Pi.irchaser desares to conduct i�vasive testing{sueh as sc�i�burings or a Phase II envuc�nxnental audit},Furchaser shall mainta�in and ca�se it� third-garty ca�asultan� and cc�ntractars to maintain cc3mmercial gene� iiabilrty i�surane� with coYnbined single limit cc�verage vf mat less than $1,(300,000.00 v�rith respect to Purcl�aser's activities on or abo�at �he Property, u,nder which Seller shal� �be desi�ated as an additional ir�sured, ancl shall provide �eller a �ertificate evidencing such coverage and designation prior ta entry on the Pr�perty by Yurchaser or its employees, agents or third-party CAX�SiII#arit5 ar contractors for such purposes. Purchaser shall use all reasonable efforts to condu�s�eh activities in a manner which will nat da.zaxage the Propetty a.t�d wbich will minimize interference with the e�s� and caccupar�cy of the Froperty by Sellez�_ Upc�n completion of such aetiv�ties, Purchaser sha�l, at zts sole expense, cause the Property to be restored to subst.�ntially the sairie condirion it was in priar to such activities, including fil�ing, compaction and re-sadding of ali excavations and the repair a� any and a11 ather damage to the Pragerty in a ananner reascsnably s��isf�.ctory t� �el�er, whic� o�I�gaxsc�aa o��'t�.re}�aser sl�l� sabr�ive the tez�ni�ats�n af this Agreer�aent. Purchaser shall nc�t perm�t any mec�anic's csr rnaterialmen's lier� ta be filed agai�s� the Praperty by reason of Iabor, services r�r ma�erials perfor�ned or furr�ished to or far Purciiaser. If any such lien is fi�ed, Purcl�aser �nay contest it in goad faith but notwithstand�ng 3 WA 6595112.1 such cantest Purc�aser shall,within fifteexa{15)days after tha�iIing thereof, cause such lien to be released of r�eorrl by payenent, band, order of a�urt of eompete�t jurisc�ictior� ar atherwise. If Purchassr fails to cat�se any such lien to be released of recarcl, Sel�er may rernove i�t by paying the fiil.l amoua�t thereof or by bandit�g or in any otl�er z�ar�ner Seller deems appropriate, without investigating the validity tl�ereaf and irrespective a� the fact that P�urchaser rr�ay contest the propriety vr the arnount thereof, anc� Purchaser; upan deznand, sha11 pay Se�ler alI amounts expended by �eller in connection ruith the discharge of such liea�, including alI �xpezzses anil reasonabie attorneys' fees, which obligation o� 1'urchaser shall surv�ve ti�e Closing ar the tern�inatic�n of this Agz�eeme�t. Noth.�ing contained `m ilais Agreement shal� be cc3nstrued as cons�nt on the part af Seiler to su{�ject Seller`s estate in�e Property to any lien or liability unc�er the Iisr�laws a�'the State in v�alaich the Prnperiy i�situated. �I�'I'iCLE�II. C�1�TDITI�NS PRECEI)EN"I`'�'O C�.�SIN� 3.1 Purchaser's Conditious Precedent. Purchaser's obligation tQ cons�aznmate the traus�c�ian conterr�:plated herein is conditioned upon satisfaction o� each of t�e fallowing conc�itions at or prior ta the Ctosing, any one c�r more of wt�ich conditions precedent may be waived by Puxchaser in Purchaser's sole discretzon: (a) Representat�ions snd �JVa�rranties. None of th� representatioas and .:�,. Fe �s f�,.+�, '„ c�...+'..., 7 �.,F+1,:� ar,r�mPnt cha11 hP�ynt„�rrrP nr inar_r.a�rafi�• arr� VYQIiQ.U,LiGa Vl �.3�L1�J�G iviut ila u++�+uvaa J. V2 uaz.a.�b+w��++��•........+ � -- {bj Se�ler's �b�igafians. �Iler sha11 h��ve performed or camplied with all of Seller'���venants,agreements a�d ol�ligatioris under tl�s Agreement. 3.2 Selier's Conditi�ns Precedent. Seller's obligation to consummate the transaction contemplated hereir� is car�ditianed upon satisfac�ion af each o�the folla�uing condxti�ns at or prior to the Closing, any one or more o�wYiich canditions precedent may be waived by Seller irz Seller's sole discretian: (a) R�pr�sentatio�s ae�d Vbrarranties. None of the represe�tations and warranties of Pnrchaser set forth in�ection 3.3 of this Agree�nent s�aall be untrue ar inaccurate; {b} Purch�ser's Obligatians. Purchaser slxall have perfarmed or co�mpiied with all o�I'urchaser's covenants; agreements and obligations�nder this Agreemen#; and �cj NQ �ankrupfcy Proceeding. �'la.ere shaIl nat have been ins�ituted by or against Purchaser any banlcrupicy proceeding. 3.3 P�rchaser's Covena�ats,Representat�ons and Wa�r�nti�. (a) Purchaser's �u��Drity. This Agreement has been duly autliorized by reqwisite action and is en�'orceable agair�st Purchaser ir� accordance �vit1� its terms; neitherr the e��cut�c�n and delivery �� t�ais Agreern€$�� a�or the ���as�.r�rnat�cn o#� the transa��ons contem�latecl herein wiil constit�te a �viflIation ar breach by Purchaser of any provision af any agreement or ather instrument to �rhicn Purchaser is a pariy dr t�o wl�ich Purcl�aser may E� subject although not a party,ar will zesu�t in or constitute a vialat�on or breach of any judgmen�, 4 WAf59Slt2.[ order,writ,�unctian vr decree issued against or binding upon Purchaser; (b� �To Pea�ding P�-o�eedings. Purctaaser has no actual lcnowledge that there is any actio�, suit, �'oceeding o� claim a�fect�ng Purchaser or relating to the atttY�ority of Purc�asez to purc�ase the�roperty; (c} Develapr�ae��Caven�a�t. Su.bject ta ttie consumination of the hansac�io�s coz�te�nplated herein azkd subject ta delays caused by force majeure, Purchaser hereby cove�ants and agrees (the "C<�ns�tion Covenant") tn co�plete c�zastruction on the Property of an � expansion of its current facility on or before May 31, 2018 (t�e "Buildang Constr�tifln Deadline"), such expa�sion having not less#�an one hundred thousasid{100,000) square feet of gross floor area, in adherence to_ (a) the sta�c�rd;s and r�gulations appmved and adopted by E�rdinance No. t 227, passed and a�proved by �iie Boarc� of Alderfr�er� o�th� Ciiy of Riversid�, Missouri�n July 2, 2�13 and aitached hereto and incorporated herein as�:�ibit C; and (ai}tYae �eveiapzr�ent and landscaping plas�s apgrcrved ar�d adogted by Ordinance Na. 1380, gassed�nd approved by tfi� Board of Alderan�af the City�f Riverside,Missouri on Februaiy 3,2�15 and attached �Zereto and incar�orated herein as Exhibat I). In �he event that the Pur�has�r fai�s to satisfy the Constar�ction Covenant or� or before the Br�i�ding Cvns�uction Dea�line, then Purchaser shali pay to Seller, as a payment zn Iieu of taxes concerning t�e Property and any improvernents thereon, the sum of �J�ae I�t�rAdred Five Thausand and Q0/100 Dollaa�s ($105,00(}.O(?). In the even�tha�ti�e Purchase�r�ails �a satisfy the Cozxstr�ction Covenant on or before It�ay 31, 2019, then Purchaser shalE pay to Seller, as a payment in lieu af taxes concerr�ing the Property ar�d any impr�vements thereon,an additional sum�o�One Hundred Five Thausand and OOfI�(1 Dolla�($105,00�.4�D); and (d} ��cs of Foreig�a Assets�ontrol(4�'AC'��ss�es.. (1} P�rchaser re�resents and warra�ts that (A) Purchas�r and each person or entity o�ing an interest in Purchaser (i) is not c�ee�atly identified on the list af sp�cialIy desigaated nation�.Ts and blocked persvns subjec# ta �nz�cial sac�etions #�at is maintaaned �y the U.S. '�reas€uy Depar�ment, ()ffice of Foreign Assets Control and any other s�mi�ar �ist maintained by the Offic� of Foreign Assets Control (t�ae "Lists"�, and {ii) is not a p�rson or entity with whom a citizen af the United States is pmhibited to engage in transactians by any trade embargo, econ�riaic sa�c#iaz�, or other prohibi�ion of United Stat�s lav�►, regulation, or Executive Order af the President of�tiie United States,(B) none of the funds or at�er assets of Purchaser cox�titut� prc�perty o�, or are benefi�ially owaxed, directly vr indirectly, by az�y Purchaser Embargoed Person (as hereinafter defined), (C) no 1'urchaser Embargoed. �'erson has any inter�st of any nature wl�a�snever in�uurc}aaser{r,vhether directly or indirectly), (D)Furchaser �as irnplemanted procedures, and will cansistently apply t�ase procedures, to ensure the foregoin.g representations and warirant�es remain tnxe and correct at all times. The term "Purchaser Embargoed Person" means azty person, �ntity or goveriur�ent subject tc� trade restrictsans uu�der U.S. law, inclu�iing but not limited to, the Intematzoru� Etnergency Ecanomic Pov+rers Act, 5�U.�.�. §17fl� et seq.,the Trading with the Er�e�ny Aet, 50 U_S.C. App. P et seq., and any Executiv� Ord�rs c�r reg�al�t��a�s pro�ulgated #�ereunde�; with t�e res�lt t�a.t �h� investmea�t by Purchaser is prohzbited by lavv vr Purchaser is in violation of iaw. �2) Purchaser aIso sha�I requi�e, and�hail take reasona�le measures to $ wr�6sgsi�z.� ensure complia�ee with the requirement, that no person who o�vns any other direct �nterest in P�rchaser is or shatl be liste� on any of the Lists or is o�shali be a P€�rchaser Ernbargoed Person. This Section shall not apply to any person to the extent that such �rson's interest in the P�.rchaser is tt�ro�zgi�a U.S.Publicly Traded Entity. 3.4 Seiler's Cove�ants,�2e}�resentatfo�ts and Warrunties. (a) Comsen#s. Se11er has obtained all consents and permisszons relafe� to th� transactions contex�zplated by t�is Agreement and all agreements, instruments and documea�ts herein pro�vided to be executed or caused to be executed by Seller("O�'�er Agreements"} which are required un�er any covenant, agreem�nt, e�xc�mbr�ce, law or regulatian to which Seller, any asset,c of Seller oa the Property(or any paat thereo fl are subject; {1�} Liens. Sel�er will keep the Praperty free and clear of a11 iier�s, claims and denaands, incluciing mechaanxc's liens; in connection with any work performed on the Prc�perty or any part thereaf on hehalf of�eller and materials grovided in conr�ectian with such woric, where such work was performed or cflntracted�or�r such�r►aterials were pmv�dad or contracted faz on or before the Closing I�ate; an:d in the event of the fiIir�g of any such tien, Seller shali promptly axzd with dt�e d�ligence�and in ail events prior to the earlier of 30 days�er the natice of filing of the same or 10 days prior to the corr�mencemer�t t�f any fareclosure or other enforcement proceeding with respect theretn) secure the r�lease af#he s�ne; {c) �tata�s mf Seller. This Agreement and �the Other �greer�ents are duly authorize�i, executed and delivered by a�d binding upon S�1(er, that Sellerc has the capacity and authority to enter into this Agreement and the Other Agr�ernents t�be executed by Seller and to consumrr�ate�e tra�.�actians herein ar�d therein contemgIat€d, and�o�ing prohibits or res#ricts the r�ght or ability of SeIler to close #he transactions eontegnplated herei� �nd in the Other Agre�ments a.nd to carry �ut�e terms l�ereof and�heren�; and tha�neither�this Agreement nor any of the other Agreements, nor auything pmvided in or contemplated by this Agreement or any o#'the �ther Agreemezxts, does novs+ or s�all herea�ter breach, invalidate, cancel, rnake inoperative vr int�,rfere with, or result in�e a�celeration of mat�ty of, any m�ortgage, contract, agreemez�t,l�ase,e.�seza�ent,rig�t or interest affecting or rela�ing to Setler,any assets of Seller ar the Property; and (d) I,itigation; Coz�demn�t�o�. 'There are no actions, suits or proceedings p�nding, or to the best knowledge af Sellex, t�Zreater�ed, before or by aaiy judicial body or any governtnenial aukharity, agair�st vr affecting the �perty or Seller's ability to s�ll tiae �'roperty pt�rsuant ta this Agreement; and that to the best knovvledge of SelIer, there is r�o existing, proposed or contemplated eminent domain or similar proceeding which would affect the Property. PurcY►aser ackno�rleciges that the Property is var�t and that S�ller does not zegularly operate, �nanags, or maia�tain the Pro�rty. Paarchaser furthe� acknowledg�s and agrees tkzat Selier is coa�veying t�e Property En i.ts "AS IS, W�-�ERE I�" conciition, ivith alI defects, conditions ar�d liabilities wl�ich are known or wnknorEm te� Purchaser at the time of Closing. Except for the r�presez�tatians and warranties specifically contained in this Agreement, Seller makes no e�cpress or implzed representa�iio�s �r warranties o1�any kind, including, vv�ihout limita.tian, no � WA G59511?.1 representa�ians or wanranties as to the condit�on, mezchantab'rlity, or fitness fvr a particular pur�ose of the Pzaperry. �chaser does he�eby express�y acknowledge that na such representations ar warranties �ave been made. 5eller anc� Purchaser have expressly bargained far this"AS IS, WHERE IS,"vvith aIl fauIts transaction,and Seller and Furchaser agree that t�e Purch�se ]Price refle�ts Purchascr's c�nsent to assume a1l responsibility for all condrtio�s associ�ted witb the Prt�perty, incIuding but not limitsd to st.n�ctural atad environmental canditions. Purc�aser aicknawledges that in purchasing t�ie Property, Purchaser sha11 rely solely upon the personal i�rs�ections, investigatzons aaid tests made of the Progerty 'by PurcF�aser, its employees, agents, co�sultants and/or contrac�ars duz�ing the Feasibility Per�od. ART�CLE IV. CLOS�NG 4.1 �losidg IDate �nd T�me. Pro�+i�ed that all of the conditions of th�s Agreem�nt siiall h�ve been satisf ed, #he elasing (the "Closizzg'� of the purchase ar�d sale of the Property s�a1i be canducted at such time an� locatio� as shall be mutiaally agreeab[e to Sa�ler and Purchaser; provided, howe�ver, t�at the�losang shaIl oacur on or before May 29, 2�15: The date on which the Closing actuai�y occurs is referred to herein as t.�.e"C1Qsing Date." 4.2 Sel�er's Closing Matters. On oar befvre the Closing Date, Seller shall deliver c�r cause to be delivered to the Title Campany the fo�lowing, �ach signed and notarized by Setler as and where a�propriate: (a) An amenc�ment i�a substantially the�'orrn aitached herett� and i�ncorparated herein as Exl�ibit E {the� "Chapter l OQ Mast�r Amenc�ment") amending the �hapter 1 Qf? d€�cur�ents entered i�to by and befiiveen Seller and Purchaser in conn.ection with Lat 1 ("Oziginal ��zapter 10Q Agreements"} such that the Coznbined Tract (o�pose� to only Lot 1) stiall be deeded to Furchaser upon close-�ut c�f such Original Chapier I�0 Agreem�;nts, subject to the Pea�xiitted Exceptions and any other exceptions contemplated in the Original Chapter 1�0 Ag�reernents (as amended by the Chapter 10� Master Axne�drnent}, in a�lditian to such other amendm��zts to the Origi�al Chapter l 00�greements as are contained therein; (b) Such agreem.ents, certificates and ather docutnentat�on, all in foz�rn and substance as �nay be re�uired by the Riverside-Quindarc� Be�d Leve� District af�latt� Couniy, Ivlissou.ri, tl�e Platte County, N�issaztri Tax Assessar, and any other applicable govera�men� �uthority, and reasonably acceptable to Se€ler ar�� Purehaser, as are necessary t€� allacate all levee assess�aaents for Lot 1 and Lat 2 {L.ot 1 having a Parcel ID of 23-3.0-Q6-000-Q04-113.OD0 arid Lot 2 lzavir� a Parcel ID af 23-3.0-05-OQO-OOU-08$.000) to th� Combined Tract {snch items, coliecti�ely, the "Levee Assessment Allvcation Agreements") (for the avaiciar�ce af doubt, na levee assessrnents shall be assesssd against the Detent�on Tract follawing C�asing, as such tract is eontemplatsd to be ussd for stormwater detezztian purposes and not fQr future improveme�ts}; (c} Sucl� e�crow instr�ctio�s to the Tide Company as Seller shall desire, vvhich s�all not be inconsistent rvith the pmv�sions r�f this Agreement (the "Seller's Instructions"'};an�l � YJA 65451 l2_i �d) A signed settlement statement prepared by the Titie Co�npa.zzy and approved by the partie�. 4.3 Z'�arch�ser's Closifag l�atters. On or before the Closing Date, 1Purchaser shall deliver or cause to be delivered to the Title Comipariy th� fallowing, eacl� signed and notarized b3�Pttt'chaser as�nd where appropriate: {a) By federal wire transfer of funds to t�e Title Company's escraw aecount, an amount equal to the balance af the P�archase I'rice due a� Closing, adjusted as provided herein, plus the aggrega�e a�moun� of clflsing �osts for which Puzchaser is responsible as provided herein, al1 as sh�vv�an Furchaser's closing statement; (b) Such svidence of authority to close the purcl�ase of the Propecty p�s�ant to this Agreement as �eller reascsnably requests; (c) The Levee Assessm��nt Allc�cat�on Agreements; (d) The Chapter 1 QQ Master Amendment; y (e} Such sscmw instn�c�ions tc� th� Title Company as Purchaser shall desire, w�zich shall not be inconsistent with tl�ae prnvisions of this Agzee�nent {t�e "Purchaser's Instructians"}; and (� A signec� settlement statement prepared by the Title Company and approved�y the parties. �_4 Closiin�E�f`ect�d. The parti�s shall nbtain tl�e advice of the Ti�le Company as to �ether it is in a pos�tion to cause the RepIat, Chapter 14}i� Master Arnenc�ment, and, as appr�priate, the Le�vee Assessmet�t Allocation Agreements to be imt�ediately rec�rded in such order in tne real estate recards of Platte Caunty, Missouri. If the Title Company shajl advise a�firmatively on the foregozng matter, then the parties shall instruct the Title �ompany to proce�d ta close the escrow in accordance with the g�'ovisions of this Agreez�ent, the settlernent stat�men#s, Seller's Instr�cti�ns, az�d Purchaser's Insttuctivns. 4.5 Passesseor�. Exc��sive po�session of the Pzonerty (subject to fih� Fermitted Excep�io� �d the te�ns and condi�ior�s a�'the 4riginal Chapter 100 Agreem�nts, as amended by the�kiapter 104 Mastea Amendrn�nt) sh��be delivered to Purchaser on the Closing I)ate. 4.{ �losing C�s4s. At Closing, Seller s1nall pay: (1) the cost o� the Title �ommi#ment; (2} c��e-half{1/2) o�Fthe Title Company's fee,if any, �or actiuta�g as escrow agent in canz�ection with t&�s transaction ("Escmw F�"); {3) the cost of the base title insurar�ce policy ISSIIECI �SUSSU3Flt t0 the .comcnitment; and (�} the cost af all othe� �rtificates, instrurnents, dacuments and apanions vvh�ch Seller is required to deliver or ca�se to be delivered. At Closing, Purchaser shaI� pay; (1) ali recording costs far the Replat, Chapter 100 1Vlaster Amendm�;nt, Le�ee Ass�ssm�nt Ail�ca�io� �.greemen�.s, and oth�r daee�aie�t� t�a i�e r��ord�d; (�} Qr�e-hal� (1/2) t�f the Escraw F�e, if any; (3) the c�st o#'any t�tie insurance policy endorsements; and (4) the cost of all ot�er certifiea�:s, instruments, documents and c�pinions which Purchaser is required to delive� or cause to �e delivered. Eackz party shall be responsible fQr the pay�nent of g WA 65951 I2.1 its ovrrr� attc�rneys' fees incurred in connection vvit�.this Agreement atid ali other exgenses�vhich such party incurs. 4_7 Prorat�o0s. (a) Ta�ces and Assessra�nts (l�ereinafter defined) shall be gaid to�ze cc�Ilecting authorities (i) by Selk;r if due and payable on oz before the Closing �?ate, and{ii) by Purchaser if due�d payabie after the Ckosing Date (as provided in tlic Qrfginal Chap�er 100 A�reements, as amended by t[�e C�apter 100 Master A�mendrnent); provided, hawever t�iat �e Ta�es and Assessmenis foz 2015 in which the Closing Date occurs {the "Tax Proratian Pe;ri.ad"� sha.�l be prorated betvveen PurchaseY'and Se�ler on and as of the Closing Date. 1'urchaser's pra rata shaze sha11 be a fraetion, the numerator of which is the number of days in the Tax �'roration Pez�iad �ollowing the Closing Date and the denominator of whieh is the total nwnb�r of days in th�`�`ax ProrataQn Period. Such pror�tion s�al� b� effected as follc�ivs: (i) if as �f ihe C�asing Date the Taa�es and Assess�ents for t�e Tax Proration Period are no� yet due �c� payable, Purchaser shall reeeive a credit against the Furchase Price in an a�nount eqt�al to Selier's prorata sl�are. t?aereof, Seller sha�l deliver the original bills therefor to Ptuchas�r prc�mptly upon Seller's receipt, and Purchaser shall be �esponsible for payment Yo the collecting authorities of the full amaunt of the Ta�es and Assess�nent� for f.lae Tax Proration Period, on or before the date when interest and/or pet�alties would com�cr�en�e ta accrue thereon, aaid shall furnish Seller svidence of tk►e payment thereo�; and(ii) if as of�tl�e Clvsing Date !he Ta�ces a�d Assess�ents far tl�e Tax Prar�tion Period have been �aid to the coplect�ng auth�rities by Seller, Purchaser shall pay its prorata share thereo�ta Selier in cash an the CIosing Date. (b) ]aefinit�ans. As used here�n, "Taxes" sk�all mea� all genez�at state, county and city real estate taxes and pe�onal property taxes levied�r assessed against�he Property arfd "Assessments" shall rnean all of�he following (ar, if payable in installments, then installments ther�o� l�vied or assessed agaiz�s� the Property: speCi� asse�sments, assessments for p�bl�c improvements, traffic genera.tion assessments, special t�es, and any other taa�, assessment, charge or levy a�a general nature agaiz�st real es#ate which is nat included in"Taxes"as defined above, s�cifically inc�uding, withaut limita�an, Ie�ree assessments levied by the Riverside- Quindaro Bend Leue�District of Platte County,Missauri. (c} 1�Fo Adjustmen�. If the actual amounfi of the �'axes a�td Assessments for the Tax Proration Pez�iod is not ascertainable on the Closing Date, the parties slaall reasonably es�i�tta.te such Taxes and Assessments tgased ugan the most recent Taxes and Assessrnents and such estimate sl�ail be fina� and binding between th� parties for the purpose of such proration withavt fixrther adjustment. A�t'd'�CLE�. �ME�IES . 5.1 Se�i�r° 1)ef��.�t. If Sell�r defauits zn the perforrnar�ce of its material obliga�ians under this Ag�ment, and such default remains uncured ten(1�) days a�er r�otiee thereof frorn Purchaser #o Seller, Purchaser tnay elect {i) ta terminate this Agreement, in v���ch case t�e Earnest Maney shall be reCurned to P�xrehaser and nei#her party shall have any further obligatian to the vther hezeunder or (ii} enforce t�is Agreement against Seller by means af an action for � WA G5451]2.1 specif c performaance and if Purchaser preYai�s in such action, Seller wilI be Iiable, to the extent permitted by law, fQr Purchaser's cost and expenses in ma.intaining such action, includirag reaso�able at�ozney's fees. S.2 P�rchase�r I3efa�I�. If Purchaser defaults in ths performance v� its material abligations under t�is Agreexnent, and such defau�t remains �eured ten (10} days a�er �atice thereof from S�ll�r �o Pur�haser, Seller rnay elec� to terminate this Agreement, in which event fhe Earnest Money shail be delivered ta Seller as liquidated. damages and such terminallon and reten�ian of the Earnest Mtoney shall �onstitute SelIer's sole and exclusive rernedies for suc�i defaul�. T�e parties express�y acknowledge�nd agree ihat in the event of a c�efault by Purchaser under this Agreemen�, it wauld be impractical or extremely dif'ficult to ascartain au�d prove the amoun�of aciz.ial da�ages sustained by Seller, and that tbe Eainest Money re�resents the parties' fair and reasonable estiumate of the amaunt af damages whic� Selier can be anticigated ta suffer in t�e event af a default by P�rchaser h�reunder. 5.3 Co�de�n�tinn. If,prior ffl the�Iosing Date, all or any part of ths Property shall be condemnesi by any lawful �ut�onty, �urchaser sliall have the optio� of either (1} cornpleting this transacdc�n, in which event (a) there shall be no reduction of�e P�u-chase Price; {b} Selier s�all have no �uty to repair ar restore, (c) Sellerr sha11 pay to �rchaser alI condet�natio� pmceeds theretofore or therea.f�er received by Se11er with respect �o sueh condemnaxion, ��} Seller shall assign to Purchaser all rights of Seller in and to such candemnation proceed.5, and (e) �eller shall furnish to Purchaser si.�cl� dacuments, eDoperation at�d assistan.c.e as Puxchaser requzzes ta enforce the rights of Seller with respect thereto; or(2}terminating this Agreement, in which event the Earnest IVloney shal( be returned to Purc�aser and neither party shall have any further obligatian to the other hareunc�er. ARTXCLE�I. 1VIISCELLAIe1�0U� 6.1 �ntegra��on. T�is Agreement constitutes the entire aud final �xpressioa� af the agreement of the parties hereta and supersedes aIl prior agzeements anc� undezstandings af the parties, either or�1 or�vritten. There are no other agzeements, oral ar vvri�ten, between tne parties regarding the Prc�perty. 6.2 Ma�ification. This Agreement can b� amended o�Iy by �vritten agreement signed by the pa�ties hereto and by reference matle a part hereof. 53 Recordin�. Neither tlais Agreement nor any short farm or mernorandum hereo� s�Zal�be zecarded without the consent caf P�rchaser and Seller. G.4 Bincling Eil�'ect. Th�s Agxeement shall be binding upon and inure t�the benefit of Seller azad Furchaser,ax�d their respective hei�s,personal representaxives, successozs ar�d assigns. 6.5 l�tatices. Any and all nc�tices permitted or requiz�ed to he given �nder this Agreement s�all be in �vriting �d sha�l be �ven by either gae�s�nal deliv�ry w&�ic� s�a�1i be effectAve �pon c��livery, by teleeapy, facsin;aile, flr o#her fozim of#eleeommunica�ion�vhich s�aall be effective u�on ennfirmed transz�ziittal, by express mail deliveary ttzat guarantees n�xt day delivery (which sl�atl be effec�ive the �.y after delivery to such express mail cornpany), c�r by 1� WA 6545112_I U.S. registered or certified znail vvhich shall be effective two �2) �ays after mai�ing, at the �ollowing addresses: If ta 8elle�: If to Ptirchaser: City of Ri.versi�e,Missaura Premium �aters, Ine. 2950 N.W. Viv�on Rc�ad 4301 NVd Matt�x Road Riverside,IV�issauri 64150 Riverside, Missouri 6415b Attent�on:Mr. Mike Duf�y Attention: Mr. Berziard A.Zarda Fa�c: (Sl6)746-8349 Ms. Kathy Bra.dford Fax: (913 }441-8826 Premiurn Waters,Inc. 2400 S�nmer Street�or�heast#200 Minneapo�is, MN 55413 Attez�tion: Mr.Gr�g N��ec F�: (�12) 623-0363 Wit�.a capy tv: With a copy to: Spencer Fane Britt&Browne LLP Rawlings,Ellwatzger,Jaco�s, Mohri�auser& 304 East High Stre�t Nelson,LLP Jefferson City,�vlissouri 65 t O 1 522�F�' Street, Suite 304 At-t�x: 3oe Bednar,Esq. Sio�x City,IA 5 fl 101 Fa.x: (S73)634-8140 Attentiozd: Mr. J�f�'rey R. Mohrhauser F�.{712}2?�-3304 Shook, ]Kardy�Bacon , 2555 Grand Blvd. Kansas City,I�O G41Q8 Attention: Ms. Sandy Hawley F�: {81b)421-5547 The parties hereto shall have ths right fram�i�ne ta time to ehange the�r zespactive addresses, and each shall have �te right to specify as its address any other address writhi� �lhe United States of Arnerica, by not�ess than ten(10)days' prior written natice to the€�ther garty. 6.6 Brakerage Corrrmissions. Each gaarty represents and wart�nts t�at no real estate brakerage cc�rnmissia� fee is payable to any person or entity in conrtectian wxt�the �ransaction contemplated hereby. Each party shal� ivademnify, defend and hold the other party hannless from and agai�st tl�e paym�a�t of a�y ccarnmassi��a or fee to any persoa�or entity ela�iming,r�r alleg�g to clai�n,by,thra�gh or under the inderr�nifying P�Y• $.7 '�"�m�. Time is of the essence in all things pertainin� to ttae perfoa�a��e of this Agre��ent. 1 1 WA 65951 t2.1 6.8 Suraav�! off C��Idgatiams_ Ta the extent necessary �to carry out #he terxn.s and provisiapas hereof, ihe terms, conditions, vvarranties, covszaa�ts, representations, abliga�iDns and rights set forth here�n sh�Il not b� deemed tezminated at th� time of the Closing, nor shall they merge into the var�o�as documents executed and delivered at the time of the Cl.osing, but sh�l.l survive Closing. 6.9 APP�T�A�3LE L�ii�V; ��1��; �AYVER OF 9�Tit� TRI�1L. THE LAWS OF THE STATE �F MISSOURI SI�AI,L GOVERN THE ��NS'�'RUCTIrJN, ENFQRCEM�NT, P1VTE�2.PRE�ATION AND VAL�T�ITY OF THIS A[aREEMENT. THE �BLICrr�TIONS OF THE PAR`I�E� �.RE�ERF`ORM�4:BLE,AND'VENUE FOR ANY LEGAL ACTION ARISING OUT (JF THIS AGREEM�NT SHALL LIE, IN pLATTE COIINTY, NdISSOUR.�. SELLER AND PURCHASER EACH HER�BY WAIVE THE RIGHT Ta A TR�AI., BY Tf.JRY I1V ANY PROCEEDiNG ARISI�tG t�[3T OF OR IN CONNECTION �1V�'TH THI� A�'REEMENT. 6.1 f� I�eac���xgs. The k�eadings tha,t have l3een used througbc�u� #his Agreement have beeri ansezted f�r convenience of reference only anc� da not cc��nstitute matters to be cc�nstruecf in i�terpr�ting this Agreemenf. b.l 1 Terminolo�,y. Wards of auy ger�der �sed in this Agreer�ent shall be held and construed to incl�de any other gender a�d worcls in the singtilar number sh�all be held to include the plural, �nd vice versa, unless th� context requires otherwise. The words "herein," "hereof," "hereunder" and other sirnilar connpounds of the rnroz�d"here"w�en�ased in fihis Agreement shall refer#o the entire Agreement and nat to any partieular pm�vision or section. The w�rds"include" and "incluc�ing" shall be deemec� to be $'ollovved by the phrase `�v�i�tzmut limitatian" un�ess o�enyise qualified. 6.12 Const�ctio� of �4;greement. This Agc�eeinent shatl not be construed �one strictly against ane party t�zan against the other merely by virt�re c�f the f,act that it z�zay have be�n , pz�pared by Iegal caunsel #`ox an� of the parties, it being recogr�ized fihat both S�ller and Purchassr have contributed substannal�y and z�naterialiy to the preparatiaz�of this Agreement. G.13 Severability. If any one or �ore of the provisi�n,s of this Agreei€r�ent, ar the applicability�f any such �rovision to a specific situation, shal� be held invalid or unenforceab�e, sach �rovision shall be modified to the r�ainimuin ex�ent necessary to make it or its app�ication valid and enforceabEe, and the validity and enfarceability of ali other provisions of this Agreer�ent and a11 otl�er applications ofa�sy such p�rovision shall not be affected thereby. 6.14 ���mt�rpart E�eeation. Tl�is Agreement may be executed in several counterparts, each of which sIial.l be ful3y ex�cuted as an origina� and a11 af whicI� together sh�I canstitute one�nd the same�ns�rument. 6.15 Fur�her t�4c�s. In additi�rn to �e acts recited in �ais Agreemetat to � per�ormed by �eller and Purehaser, Seller and Pu�'chaser agree to perform or cause to he perforirxed at the �Iosing nr a.f�er the Closing any ar�d a.11 such fixrther acts as may be reasonably necessary to cansumrnate the transactions contempiated hereby. 6_16 Litigatioa. In the event of li#igation between the parties witt� respect to the I 2 �ra.�sss i ta.� Property, this Agreement, the perfornnance of the obligations laereunder or the effect of a tez�inaiion underr this Agreement, the losing p�rty shall pay all reasanable attorneys' fees aaad expenses and court costs incurred by the prevailing party in con�ection vvith such litigation. 6.17 Benefit. This Ag,reement is fc�r the be�efit only a� the pa.rties hezeto or their respective heirs, �iersonal repzesen�atives, successars and assigrts, and no other pexson or entity shail be en�it�ed to rePy hereon,receive atiy benefit herefrom or enfarce against any party hereto any pxovision hereof. 6.1$ Assign�nent. Neiti�er Purchaser nor Seller rriay assign or transfer its righ�ts ar obligat�ons under this Agreem�nt without the prior wzxtten consent of the other garty. No cor�sen.t give�to any transfer or assignment n£rights or obIigatiorys hereunder s�all be comstrued as consent to any o�her transfer or assig�rnent of rights or obligations hereunder. No transfer or assignment in vgoiation of 3h� provisions f�ereaf shall be v�1.id oz� enforceable. Su�ject #a the foregoing, this A�re�rnent shall inurr; to the bene�`it of and be binding upon tl�e successors and assigns o�the parties. 5.19 Forr�ax o�Instruments. Except as otherv�ise provided herein,alI ix�trurnents to be furnished hereunder sttall be prepaaed � such form as is reasonably acceptabie to ths party receiving such ims�trurnent. 6.2p Tendea�s of P�rf�rm�nce. AI1 tenders af perfc�rmancs shall be r�aade at the Closing and at or before the time specified�`ar the Closing. 6.21 Lega� H�liday� ans� ff3usiness Days. If any date �erein set fortl� for the performance of any abligations by Seller or 1'urchas�r or for tlae delivery of any i�s�sument or n�tice as herein provided shou[d be an a Saturday, Sunday or�egal holiday,the complianc,�wi�h. suci�obligatiQns or delivery shall be deerned acceptable on the nex� husiness day follor�ring such Saturday, �unday or Iegal hvliday. As used herein, t.�te term"legal haiic�y" means any federal holiday for which fir�ancial institu�ions or pc�sf offices in Riverside, Missouri are generally ciosed - for abservance thereof. As used hereim, the term "business day" sha11 rnean a day wt�ich is�ot� Saturday, 5unday or legal holiday, 6.�2 l�Tonv�aiver. Except as otherwise specifical�y provided �ar hereunder, na party shall be deemed to have waive,cl any oif i�.s right:s hereunder ur�[ess such waiver is in writ�ng and signed by the party waiving such ri�at. F.xeept as oEherwise specifically provided for hereunder, na delay or ornassion by any pariy in exe�cising any right shall operate as�waiver of such right or of any other right. A waiver on any one oecasion shall not be construed as a bar to, or waiver af, any ri�ht or remedy on any future accasia�. 6.23 Disclai�er. Notwithstat�ding anything ca�tained herein to the contrary, in no event shall Purek�aser be obligated to indemnify, de�end or hold SelZer harmless for: (a) d�aninution in vai�.� of the Proper�y t�iat �esults frQm the fz�adings of�chaser's due dilig�nce aGtivities nor (b) any cost, damage, Iiability or expe�zse resultfng fro� any environmental conditions caused by Seller dzscovered in the course of Purchaser's due di�igence activities, except to the extent that Purchaser's intez�tional or recfciess acts or omissiat3.s in th� cnurse of Purahaser's du�diligence actir�i#ies or activities an the parcel now kraou�and described as Lo� 1, 13 V1A 6395112.1 ARG4 INNOVATION PA1tK, a subdi�sian of�fae city of Riverside, Platte Caunty, Missowi directly eause cont�nination. jRemainder of Page Intenl ionally Left Blank—Signature Puge tr��ollow] �4 WA 6595112_l iN WiTNESS WHERE�F,the �arties have executed ti�is Reai Estate �a.le Cantract as o� the date first above w�ritteza. SEI.I.EI�: �'lE��CI'I`Y OF�VE��DE,11�I�SC�I.IRI Sy: Qi�L�.(.,�� ` N1ame: Kath��en L. Rose Title: Mayor PURCHAS�It: P1tEMII3M V6'ATERS,INC., a Mizanesota corporataon By: Nazne: Bernard A. Zarda Title: Senior Vice President 1�r Vi'A 5595112.1 EXI�I�IT B �}EPICT'IO�I QF PROPE�TY �� WA 6595I 12.1 ,.�- e�;:�� `�; ' . �, ,".I.: ."� :. . � �' :... . .. . - . a � � � ��,� '..� � . . . ' '� � �� .. �x^ . '-.�, � _M S-�' _ „� ,�,� .. . '.. . � 'y. � � . ��' � %. ' :� � . .� �, . . .. ;, .�. .: � , � '�� ` � ,.: �::`. . .� . -. , �.: . .:: ��� ��� j ac. .,-�a .,. �\ ��� . .: .. . ,_ � .. �' - �`. , - . ,: ::. - �"< . .. . � . ����� a -� � � �„� . : , �,. -` �� � 1 �j T � �, � 4��� ` ��� .: _ : : �>���-� • , �' � , � _ � ���`�- �,� , � �- ., � " � � � � �, �� � �, � 4 �' �" � z, '\�, _' "' �, .- �,�`'�°" y; - s- � �. ; e ��.�. ,,,,�,�, ���: . �,a �..�. . : .:-'t y-�, ` � �\ y.-� � ' : �r � - � ��. , ..�_ ^� . :.��. � � �_ �. .� �� ' ��,_�� 'y;_� � � � .:. 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'� , . : . ... �.: . _ ' _ � �� �. q"". $ . . � - . _ � .. . .. ��. � � " * � @ ,�.. . � '�"� .,�: ,r.....,�.,: . -- .� - 7 �:�.� . � � �� � . � _ � �� � ��HI�IT`C DEVELOPMEIiT'I'R1���I1AT�ONS 5ee Ordi�ce No. 1227 attaehed�ereto. 1 g WA 6595712.1 �r�L�o. z���-o�� o�a���N�� ��. �� AN 43RDINANGE AU7HQRiZ[NG AND G�ANTING�1 R�GNING QF 1.�T5 '[, �,3, AND 5 QF ARG��f��dOVAI'r�l� PARK�RO� F'GP-I GENERI�►L PLANFIED�ND�lSTRIl4L�TQ"PD Pl.�►I�INED DE'�l'EL.OPMENT�I�TRICT" I� ACG�R��4NCE VYITH TH� PF�01f�$fONS�8�THE LlNiF1E�3 D�/EL.�P�[ENT OR�tNA�iCE�t}R TH�C[Tlf C�F R11t�RSII�E, MfSS�L�R� AI�� APPRDVlNG PlA�IMED DiSTRI�I' DEVELQPMEN7"SYAdrl�A6�'tD� IN CO[�NECTIOt� THER�ffTFl WHEREA�, App[ic�tion PC13-'I5 submit�ed by the Cit}►ag Rir►er�i� (°Applicar�t'} requesting a change in zr�ning from "GP-I Gener� Plan�,ec� lndustrial° to"PQ Plan�sd Development Distric;t� on land locat�r�ganera[ly we�t of Horiz�ns Parkvv�y�t NI1V 4'�'�Str�#an� (ega[!y d�scribeci as fiollorn�: � Afl of Lvts 1, 2 3, and 5 of Ang� Inno��tiort Partc� a s�fadivision in the�ity oi Riverside, platte�o�nty, fl�issauri (the"Pro�rEy'�v+ras re#'erre�to th� �'lanroirsg Cc�mmissio�ro to hnld a public hear�ng; a� WHEFtEAS�after due �ublic n�tice in tE�e ma�ner prescribed by law, the P[ant�ittg �ommission held a publi��e�ring o�June 27, 2013,wher�in �t carrsidered and rerriew�d 4he r�ques�of the Applica�t and r�ndered a��to�he �o�rd e�Aldermen r�camrnendin�that the z�ning change requested be approved togett�er�it� plann�d dist�ict deveCop��nt star�d�rds for Arga Inr�ation La�s 1, 2, 3 anc3 5 Piann�:d De�telopment Dis�c�; and V4fHEi�EAS, after d�e pubtic natice irt fhe rnar�n�r presc�ibed by kavv,the Bo�rd of AlcEerm�n of tfie Ca�y of RiversidE,PulisSouri at i�s regu�ar mee�Ong on July 2, 2013 t'reld a pc�b[ic hear�ng r�gardi�g the rez�ning r�c{uest of the A�splicarn;and W{iEREA�, the Board �f Aldermen, aft�car�sidering the evicEe�ce presented c�t�r�rrg s� pul�Eic hea�ngs, has determin�d adoption ar�d appro�a� of th� rezar�ing and plar�ned district developmenf standards for Argt� Inr�ov�tion L�ts 1,�, 3, and�Pianr�� €h�e�opmer�#ai$firid to bs in the City's �est interest and ta prom�e ttte public hea6th, safety and weBfare; fVOVyt,TtIEREFQRE, be �t ordairsed by t�Q Board of Alderrner� af the Gity�Rivers�de, M�sso�ri,as fallows: SECTID[d '1 -- REZONING �F PROPERTI(. The p�operty lo�ted generally w�of Narizoars Par[c►�ay at NW 4'[ 5t#'�et and Cegally described �+s"A!i of �ots 1, 2, 3, and 5 af Argo Innovation Parfc, a subdivision in#he City of Riverside, Plat�e Cour�ty, Miss�ur[A i5 t�erel�y rezarted from"GP-I G�ner�i Pianned �r�dustrial District"to"P�Pfanned�evelopme�tt �istrict'. SECT�QN 2—APF�R4VAL OF Rl.ANIVEl� DlSTRtCT DE1lEL.C3PIYlEiVT STAND�RR�SS. '�� plar�ned distnct development standards�or Argo Innowation Lc�s 1, 2, 3, and� Plan� [')e�retopmer�t Distric�set fart� �n Exhibit"A"�re hereby appro��d_ �evelopm�nt of the Pro�ertgl shall be 5ubject to�rt�1 comply v�ith the Argo �r�r�ovation Lots 1, Z, 3� �nd�Planned Devslcspm�nf Dis#ri�standards togeth�er w�th a1l ather provisians set fc�rth �n the Ci�y Code and klni�ied Uevelopme�tt�rdinaric� Qf the �ity c�f Riversic�e. A�pproval of tl�e�'go Innovatio� L�t� 1, �, 3 and 5 Plansaed C�e�e��ap�raen� �is�raet does no�reliev�fhe Appf€r.�rrt�rom�ollowing atl other appi��able cades and laws ofi the C�#y aFf Riverside ar o�her governmera�al�ency, nor does it reliev�th� appficant ftorr�sut�m�tting �ec�ssary sife plans or applyirag for atl necess�ry t�szifding perm�ts, el�ctrica! parmits, sign pet'rr�its, ar occu�ation GceRses required by Cit�Cade. The star��ards s�t �BL��o_���-o�� ��d�������ca. ��� forth in the�►rgo �nnc�►atinr� Lots 1, �, 3 and 5 Pi2inned Deveiopmer�t District shal� have prsceden�e �f�ere s�.sch cor�di�ians are m€�re restrictiue#har�#hose set forfh in City�vde. SEC7'��ht �—FQI�LIDRE TO ��MPL�f. That faifuce t�carr�p�y�+rif� any o��e�n��tior�,s or provisiot�s con#ai� in this ordinance s�a[I car�stitute a vivlatioro of bo#h t�is ord�r�anoe and fhe �ity's llnified Clevefapment CChdinas�ce irr addi�iort to other pat�a�es u�hich m�y��arrtaF�ed ir�th� Ci�Code. S�CTIt?RI�—EXE!CUTIC�[�OF DOGlt�IiENTS. Ti�e ll�ayor shall haVe authnri�fo tafce such acticros to execute s�ch dacuments as s�e sha�t deem reast�r�ably ner.�ssa�y to carry out t�e provisions and int�nt of tltis ordinance_ SECT�C)N.5�SEVEiiABl�lTY CL►4USE. 7he provisia�s of this or+dinartce are se�e�ble and if an��ovisis�n hereaf is declare��vatid, unconstitutior�al vr�anenfarceabte, suci��etermi�tivn shall not a�ffect the va�iditt�rr ofi the rsnn�inder of tl�is cxdinance. SECTiON 6—EFF�GTN� D�47E. Tttis crdinar�ce �hati b�ir�fuil#orc�a�d�f���m and ai�er the da��of its passage and appraval. BE IT REN�EI4�BERED�at the abave w�s �ead twv#ime�by h�ading or�ly, PA5S�E3 AN�D �OPPROVEU by a anaj��ty af th� Bvard ofi Ald�rmer� and APPRC)VED by th� [�Oay�r of th�Gity of Riversicie, Missaur�, this�N�. riay o# � 209�. . � � AAayor 14ath�en �.. Rose . . R _ � . T: ' • . . c • , � F� ' CfEyC�erk @ � • . a , , .... � EXHIBIT:°A" Hori�ns Busiaess Park"PF3"R.eg�iations (1�rgo InnovaEti.on Park Lvts 1,2,3 and 5) A_ �u��din�Lines. No building ox structrare shaIl be erected t�earer t�fihirty(3fl)fe� frorn any existing or prapvse�street right af wap. The side yards�hall have a mi�ianeun aggregate �otal af si�rty(60�feet fror�the property 9ines,but no side y�l s�a�l be�ess thata thirty(3�?)feet. The tear setba�k li.i�sl�a.i�t�e a mini�aa.um of thiriy �3�}fe�t frorm the prope�ty line. B. Builci�n Materials ai�d �O[25tr11Ct�oiL Al� buildings and ath�r s�xucttu�es within Horiz�ns Business Park stiall be eanstructed af�ttractivre ex[ericn'sides of Ihig�quali4y materials �ncluding masonry,cQncrete,structural�lay#�Ie,glass,�nnd rne�al v�hea�used in ar�incidental r�le. Specific ma�erials which vvill � exc�ucf� ir�clude ex�sec� (i) galvarsized sheet rnetal, (ii�. nondecorative cindex or eoncr�te block,�d(ii's}doubie T cmncrete pax�els. �xteri�r r�eechanical or efe�tris,��eyuiprrient,inc�uding,but�ot limited to,I�VVAC equiprtient shall b�so placad or scr�nec� tbat the predomi�nt design li.ra.es s�#'the builciing ar structure cantittue vvithout ryvistaat�istraciian or �nterr�p�ion.If the funeaoxz of the build'uag o�structuEre�ictates plac,�ment of suc�+�ui�anent�n such a maru�er or location that the building exterior walls themselves are unabls to s�'een the�uipm�nt fror�view o�adjacent exist�ing ar proposed streets or highways,they must be separateiy screened using materials compat�ble with the apprc�ved buiiding ma#erials and the h�ight of s�ch screening shall b� equal #o the heigh# a�th� ec�uipment ta be screened; ar with acceptahl� Iandscapin& Accessory buitdix�s, CI1C��5liE'�5, �j7�7�8I1�T1# 5tTLECtt11�5 ��, or extxusi�ns fram, any k�uilding or steuct�s��li be of s�Iar ar compatsble materials, desi�n a�d�ons1n�t'ton. �. Buildin� �aterial �alors. Cnio� �f �a�eri�s �sed os� the com�ttnacti�� of � bui[di�gs, enclosures, and appurtena�t structua�s wiTl present a pr�dor�zyant�y warm earth tone apPearance. D. Par� Employce,customer,owner or fienan��rki�.g shall be the respansibility of tt�praperty owne�and they shall p�+ovide aIl necessary parking�acilities entixely on their P�Pe�'kY. Parking or�private or public streets vr highways wit��n the subject�r�geriy is express�y pro�ibited. Exeept as otherwise pmvic�ed for herein,a.��parki�g�t�eas and draves aad access sha11 be p��ed with an iznpervious su�face equa� ta asphalt ar cvncre�e and m�intaiined b�r the owner in a sig��ly amd well�kept condition. Eac[�garki�g space pmv�ided shali be designated day white lines p�inted an the • paved sarrfaees and shall be adequate in area. No parking sgaces, parking aisles or roac�ways, exeept the access �'�.y, s�hal� be peritaitted rvithin th�fron# fii�ee�n {15)�eet o€the front setbaclt. Ifparking spae�s�rre p�c�videci in front��t�b�ilcDing the vehicFes shall be screer�ed from the road Ysy walls,earth�erms,aEnci�or p�ant anaierial eqa►a��o�i'ie height and I�ngth t�£th�:area. i Adec�uate off street par�cing shall be provided by eac� Owner and tenant for its custarners,emglayees and visitors;and the parking require�e�,ts se�forth in the appznpriate sectian o�'the Riverside,l�iissouri Unified Development Ordinance shall be used as rx�inimwn guidel'sr►es in de�erntining mini�nYa�n parlciz�g reqturerr�ents. Businesses experi�ncing rapid grovv�h may submit a request to the Director �f Cc��n�mu�ty D�uelopment to allavv temporary g�avel �avertl�w h�ck parking. Farking m<ty be alla�ed in accnrdance vNith#he fallo�ing standards: � A srte plan �dentifying t.�e parking area, pa.�'lcing lot size and specificatiQns for �se �.nd $rav�l must be submitted for review priar to the parki-ng being installed. a The parkit7g area shall not impede public safety. � `�'he zn�inrzum timefrarne for the te�npt>rary gra.v�l overflow truck park�ing as 18 rnonths. At � th�end of the t.�mefcatne,the area�us�either acco�odate a build'ing/buiIding e�sion, becarne green spac,e or be paved per City approvals and reguia�ions. • An agreement�tttlining the speeifics for the te�nporary gcavel uv�flvw truek parking shal!be signed by the appropriat� b�siness repres�t�ati�e and the iDirecto� c�f Com�unitq I}eve�opmerat. E. Off-Stceet Loadin�. Provisifln�or h�[ing ali truck service must be totall�v�rithin the b�ilding site. No lnading docks may be on any street frantage, unle�ss properly screened �rtd apg�'ove�i, All lnadimg sh�l,l be paveci wi�h aza impervio�s sut�r�ce equal#�asphalt or ct�ncre�e. A11 side and rear lc�ading service areas shal! b� properly sereened from viev� �ro� aIl existing a� proposed streets, roads,or highways by wa1ls,earfh bea�ns,�adlor glartt mateaial. F. Qutside Stora�e and Equi�,m�a�. O�atside starage Qf anY tYPe, �cluding,but aoi lim�t� to; mareria.is, supplies, equipt�tent, finiShed produc�s or serni�f nished products, raw materiaEs,or axt�cles of anq nature may be stored ar permitted to r�r,�;�+on a�y�uilding Site autside ofthe building or buildings constructed thereon,in accordaz�ce with the foll�wing standards: � Screening. AlI autdoar storage sl�all be in a fenc�d ogen yazd adequately srreened, • Loca#�Qn. All outdoor stora.ge shall he located in egther a side�r rear yarcl. Displays s�l[nvt be IocatE:d on pub�ic sid�wa�.ks or streets. No autdoor starage shali be located w��ten(14) �eet af a street line. � A�peazanee. AiI outdoor storage shall have a neat and orderly aggearance. � Setbaek. Outdoor storage azeas s�al[cc�rr�ply�ttz a11 setback req�iremen,ts. p Height. The height of mat�riaDs stared shall not exceed the heigl�t fimit��ion of the underlyir►�zoning districE. Atzy permitted starage may orily oc�ur in a manr�er sa as to not be object�onable to anry occupant of other knaild�ng sites in the entire�ract. Facilities�c�r storage o�waste and r�xbbist�sltall6e anaar�tained w€thi��sc�eea�ed� ia��l�d me#a�contai�aers of�'�ae aF�rove�i. z Each awner and te�ant shail keep its prem�ses, buildings and imgro�ernents and ��►purtenances in a saf�, sigl�tly, clean, neat and wholesttrn� co�ditivn, and sha�I r.�mply in alI respects wath all governmenial, healt� and police requir�ments. ]Each Owner aad �er�ant �all remove, at its own expense, any rui�bish ar ta�ash Qf any character which may accumul€�te or� its properey and shall kEep�anlandscapet�and laradscaped areas neat and�eII-mair�taiaed. Rubbisi�and trash shall �ot be disposed of c�n the preimzses by b�rning in apen fires or inci�erators. A.[1 rubbish and tras��o�tainers shall be prop�rly screened by an apprt�priate er�cl�su.�e. �. Pe�na►anent Park Si _�a_�e• 1�Io sign shall be erected,plaGed or otherwise instaglec�upon a Builc�ing Sz�e ar a.ffixed to a Building,structure,or ather improvement erected a�n a Building Site until the pians for such sig�shall har�e been approved by tlhe City. �'Iashing�r moving sig�s s1za11 he pro�►ibited. Product�ar service reglicas or rnvdels shaIl�e prohibited,w�.iess aliovved per the Unified Development Oadaama�c�or T��]oca#ivn,size,desig�a�d coior of aIl signs m.�st�ie in kee�sing wi.rth�thhe�bar�ucter of the Park.lUlnttument signs shall provide a minimurn la�dscaped area equal ta 3�imes the size c�f the m�nument sig�uti lizing omament�!trees a�d shrubs,gcound ecaver,r�c&bt�.s,flowers,oc oth�c d�corativs ta'eatxzl�nYs_ f. Park Entrv Signs. Park Entry Sigr�s shall be utilitied ta icEentify the de�elopment as wh+ole and not iz�dividual businesses. Four PazkEnhy Signs sl�al!6e penrr�.t�ed,ea� wi�h a nnaximum hei�t of 18' an� a m�imurn sign face a� i2� sq. ft. I�iividtia� 8tz��ding Manument signs sh�ali�ave a maacimurta heig�t of 8'and�maximum sign#'ace�f 64 sq. ft. 2. Gonstructian Sig_ns. A�emporary w�od,meta[,ar pfastic sign r�viJ l be allowed duriag the�az�struction of a building pr�ject. S�ch sign�may be either sin�ls or double facexl with eacl�lface havi.ng�r�axime�rra are�of f fly�uaae feet for builciir�g si�es,less than t�ree(3�acres and eighty square feet �or �uilding sptes of t�re�e {3) acre.s or more. All signs pe�rnitted �t�er t�is provision wiRl be removed im�nediate�y up�n issuance o�arf accupancy permit for any building canstructec[an the site. 3. Foa Sal.e ar_Lease Si n�s. A temparary wa�, metal, or piastic sign may he erected oa a deveJoped builciing site to o�er t.�e pro�rty for sa�e�r I�ase. One�1}suc�sign,ha�ing a ma�c�mum area of�airty {30) sq�are fe�t,v�ill be a�thori�ed for each b�lding site. 4. Tetu�pcirar}�Si�ns.Paper signs,stickers,traasf�rs,signs�rinted or a�iixed to, or visible thraugh the wi�daws,d�►o�s or exterior wa1ls of a�uilding vr�ther signs of a t�m�rary character or pur�mse, regardless caf�e co�n�sition af the sign or the n�aterials used theanefore, ace expressiy prohibited. I I. Lat�dscar�in�. All open areas on any buiIding sife r�ot occupied by buildings,storage, gar�ing,aceess road�and l�adi�g shali be suitably graded with a slope not to exoeed 3:i to allow far �towin�,and drainage�nd��al l�e maan�air��an�a�a,#�+e�s,�nt�ls���hrta�s,�ludi�a�l��m xrrig�i�r� in all s�ach areas. It is the intent o�t�ese regr�lations to grovi�e a park-lilce setting fo�the�ui�dings, 3 as well as ta screen objeetionabl� areas azk� to use best �f�'orts to preserve existing trees c�n its bt�ild�ng site. All sites shauld caRsider some rype of per�nniai�Slanting at drive entr�nces ta the � buildi�►g sit�. Excep#as�ereir�after prnvided,aiI Iots are required�o prov�de a minim�a!� buf�er nf fifteen feet(15')for visual screening along public right-of-vv�ay,u�ilizing deciduous shade and ornarnental trees, evergre�n trees and sl�bs as vvell as encoura.�ix�g we�l-desig�ed berms to integ�ate wi#h the natural topagraphy o�the site. Na par�ing, be it ft�r roads, �arki�ag, ldading, stvrage,or wal�cs,shall�e germittec3 in this a�ea. Wi�hin this bu�ex area,trees and/cir shrubs s�l be pla�ted to grovide an �ffective contanuous screen at least six �eet �6') hig� v�ithin eight�en (�8� months afler ini�al gianting. 5pecif cal�y,Sa.eh buzlding site shaIl include a niit�mu�n of or�e�I)tw+�and ot�e-half (2=1z) inch r.a.liper hardwood or�eergreea t�for eacb two thousand itve�un�d(2;500)squ�e feet of p�rvious/ green space azea, to be pla�,ted ixx islands or�lanting st�ips withir�ar adjace�t to the pav�d area. Evergreer� shr�s t�vo and ane-half (2-h� t� three (3} fe�t in hei�t may be suhsti�tecl�or twenty(2�f) percent of the trees as req�red abcrve. ' B��ldi�g si�es shall be la�dseaped iu�aceordance with the genera�lands�caP�ittB p�n f�� the Pa�rlc. For alI builciing sites, t�he fra�►t and sicte yard}�lani��areas sha1.� oontain sui�ah�e groitnd cnver and a mi�im�zen of ane�l)tree�or each thiity{30)7f�et of Huildung Site frontage and, with resge�t to Bttil�ii�g Sites adjoining�.stneet, ane{1) tree and tl�ree(3).shru��for each ten(!0} autor�obile par�Cing stalls�ocated thereon. Each decic�naus�hall be at least two and Qne-�alf{2-l�} inches in diameter at ground Ievel at the time of planiicag. In acidition to the tree and siuub �eq�ireanents,t��I�S�]����S S�dC;COI`d$Y��L�Ittllg��7�Y�31T�1���OW�FS,5dt11TI 5�C11�5�14�IlO1l- turf�round covers}�er 100 Iineal feet of street frvn#ag�. The cast nr value of the landscap�ng fc�r a Build.ing Site on a S�eet,�ncluding sodd�ing,seediz�g Cnort1�properiy Line along rail tracics or�y},and Dawn irrigation s�all not be less thaaa ane{1}perce�t of the cost of buildings and itnprevemen#.�up t� $5,�0�,000,�nd an additi�nal one 4�)percent vf the cost for eaeh additiona��IO(3,0{�i}. ']Che cost o� buildings arad improvements,for the pur�ases�1Fthis Section,m�ty be d+�ter�n.i�ed by the�t�mated cost u�s�d by ari owner or tenant in c�btaining a building permit for such in�provez�ents. The landscape developmenE,having been fnstalled,shall be rnain�ained by C)w�er imi a �eat and adequate manner,which sh�il incl�cie t}�mawing�f la�vns,hvntxting�f hedges,other suc� maintenance and watering iic�cluding the installatian of law�irrigation on alF s�tes.The landscaping shail ba i�nglementecl and completed witiain si.�(6}manths�er coznpletion of the b�.ileling. �. Exter�or Li �Zdn . Lighting af b�iidir�gs and gablic areas, such as gazking,p�axas, l�tdseag�€�g,�ountair�s,s�pivaes,and walk.vvays is require�l. AlI site lighting wili be acc�on�plished by usang�ncealed source f�xtures w[th a minir�►um aver�g�illumina�ior� in acc�rdance �rith the reqiairements of the�ity of Riverside,IVlisscruri. All ex�erior lig,htir��vi�I�e me#a��lide or vvk�i�e in� e�elar and constant in naturr�:,specifically excluding#ra�eling,�as�ing or interanil#ent i�lumin�atimn�� 4 �y kind and must be sa arranged or shielded as to avaid glare ar refleccti�n anta an� adj�nt existirfg or pr�posed streets,highvvays,ptxnds or bta�lding sites. Pol�maunted fxtur�s will have a m�cimw�pole height of twenty-eight�28} feet,inc�udeng�hhe base. J. Undergmund�Ttiisties.Pipes,Etc. Na pipe,condui�,�ble,l�e or the like f�r wat�r, �as, sewage, drainag�, steam, ele�tricity,. ar �r►y other energy or service sh� be i�zstailed ar mai�ta,icied up�n any building s�te(outsid�of any bu��ding)abvve the sx�ace of�he ground. K. Fer�cin�- Afl fencing on auiy buitding si4e shall be car�tpa#ible with #he buiidi�g mat�rials�sed in the cvnstruction�f the major structure on said builciing sate. AIl m�tat fencing shalY be blaek vinyl caated or wit� mesh screen a�d shall b�scrcened by laaidscaping from view fiam �xist�n� or�rap�sed stree�Es,highways and cantiguaus b�ilding sites. Fencing shall E�e limited t� 8'�uig�a#side�d rear yarc�s. Fror�t yards s�alI be decoxativ�in appearanee vvit€z��aximuna�eight af 3' abov�grade. L. Animals. No livestoc�C,pau�try vr ather animals sh�ll be kept on azxy part of the Pazk Iv�. MisceIl�eaus. Each building site�n Horizans B�siness Pazk is subject to aIl�resent and fuiure appiica�le laws and ordi�aances,i�cInding withotrt limita�ior�the Un��ed Deve��ment Ordinance ofthe City of Rzverside,I4�Iissouri with special attention directed to t�e follovviz�g sectia� tl�ereof apglica�le ta a.El &���lanned Develaprnent 1Distra�t�,pert�ining to tbe follow[ng: 1. Smoke Control 2. Cc�ntrc�l of Dust& Dirt,Fu�raaes,Vapors and G�ases 3, Noise c�sntrol �. Coz�trol of o�ivrs 5. Gfare and h�a.t c�ratroI 6. �ibration control 7. Stora�e and�vaste dasposal s ...; ... , .._. �.e .. ........ ... _ .. .; , ; : �� � .; ; �� , ��, � ^ ' �� ��� ��� � ; , � � ��" '. 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'� '.. _ . . .. ,.�. .-� . ^ � ; �. :. � - s i ' � .. .....:. . __. _; : , ��. � �..._.- _,n..,.. .;.,-...._.,.._.-..�:,, .: ..� ... ,�, . ...�. , �..�W �_ - � � .,; .., _...: .. ,�...'. m .:� NII�lUTES REGI���t AA�E'r'�NG �'LANi�IM�A�iD ZO1��3VG CO�?lM1SSIDf� ��18'ER�IDE, IIA�SSOURI '�ured�y,J�e 27,�0�3. . �:00 p.an. T6��]atts�eng�nd Zoniug C�nmi�sirne far the Cit�►tsf Riv�ssiclt�Mlssauri,enet in regutar�essio�at Riversida City i�[ali,295A Nw Vivion Road,Ri�erside,Mtssowi. Ciaa�A1 B�vm�n catl[x!the mecting#.v order�t 7:4f1�.m. Ansv�e�ruFg roll c�ld were Ray Uht,hiat+old �odericy, S#ephert Ki��,Art Hamc�,�d St�,rrn Kas�r. Also}�oseaf: Jsckie Carlsrna�'t�ditoga�d Busi�s Services,Ke�t�Payne Assist�nt�ire Marsha�l,��d Gamtar�iiy Uova�apmr.nt Assis�t Sarah Vtra�r. Mc�bers absent�vere Ji�Ftak�Mt�ca Sol�r, 11+Jt�La;mbardd,�Mayvr Ket�y Rosa Approval o�Ntinut�s of Com.tniss'sone.r Snodcri�y�reo�ed#v approve tha�ainut�s nf 3une Iun�c l3,2�1 t3 13,?A13,secondcd by Commissi�er�ing Nia#ion passed 6-0. � I �abf�c Hearir�g- C�tair Bowman opened�he Pu�l�.c�earing st 7:0�p.m. Re�aning Lots l,2,3 and S f�rgo I�nafvstioae P�rk ��ie Ca�lsar�e��lsined that thEe�I�cs�tt far tlh�s c��fis t�e j City. This reqca�st came foa a discussio�z the City�Cad wi#h � Premium[��ea�s�ut some�pflrary g±avel�ddr�g v�►hi�e t�y � sh�dy the need for ax�sio�. The��ty fQ��a#on[y u por�i�oa � of thc la��ras rczoned#a PI3 in 2(lU7 and�he rem$inder was still � zaned C.�P L �ith t�is reqnest t�ee City sa�vs��la�opP���Y� ' clean�r�he zora�ng af the propnrty in#�is glat. 1�ckie e�ent a�to � e�plaum fls�t wittt�sis re�ping also coines e�ew m��n�c�srtgc�to ' �h.�PD reg�Ia�iores assaci�f.ed with t�e propor�y. T�s incE�dcs� ; ses.�iou r�egardgng the teanpcsrary gravel parking, . Con�missionex Y�a$par askec�wlaa#]Pnc�ium Wa�as rva�ld da�tar , �clditiar�paricixtg if t�ey�t�id e�a�d. Carison repliec!t��t it}vaul.d be snme#hing they wou�d need to consic�er and�i�iy�cquir�addil�onal iand�o ths�as#. Cvmmzssionex UhI aslced about the type c�f gra�el bei�g used. �arlson r�pu�v�at t�ere are na spec�c requirements in#he PD regulatia�ns for the type or de�l�of t�e�ra.vel,b�.t t�ey are reqtured ta submit a�Ian fc�r review with tl�at infc�rnaaticm. I f € i Rie1c Tnrl�y,Plarot Ma�r£nr Premiutre VfTsfers�ddressed ehe Can�russion. Hc�aid%wa�thet�e tatug�t�a er�Pist�c sttppott of tP�P�ng�u�misssian for the t�nPorarY paak�g. They I�av� gotten rr�ore bns�nr,�t�n expected�xi wi[1���g�DO�e n�w jaba. As a resul�fhe�+have rnore t�xck tla�n�Cy cxpocted. This tcmpaca�y par��ii help ta�Ileviste same�f�e tx�a�k 6ecic��on t�Mattox Rvad. Having no fiutl��ec�com.meats(�hair Bnwdnan clased the public heari�g ttt 7:�2 p.m. -Conau�x�ss�a�aer King rno�er�.to r�camme�d appxoval af the rezoniug of Lofs�,2,3 at3d 5 of�irga Innovation Yark c�o t�e � . �3oazci af Aldex�en,sc�onded by Comsnis�ior�Uhl. �flo�on psss�d 6-0. Pttblec�I � tsl ���3�w�nsn npe�tec�#�c Pu��i�Haari�tg a17:13 p.l�a. i eariaa�- Fec- Us��ermit�825 NV�I""41� Carlsnn oxplained that�applicant,North Pnint D�rclop�tent 5trzet � svas re�testing a sp�ociaf u�permit fur out�daor storage aiHn�i�ns Spec IIi building. At ti�'ss ti�no 1�FC�1V�S�ar accupias�ma�jority of the baiidi�g leaving a�rcexisna�ly SQ feet of�enoacapied s}�ca for lease. � Mor#lt i'o�nt has�pntentia�tr..�at bvt thoy�'ould e+equire o�tdoor storage. 7'he ap�rsrv�d P�regal8#ia�s Fac diis a�rea a]fOw�'a�etdouY ' 5tOt8$�WIEfl t�1C���3I1Cfl#iQil Atli���I�CFJWd�O�a BpBC[8�USO pCicillC: T�D j stoaage wil�6e�ocates�n 4thG southtvest�rtier of th�bni�ding�d w�lt � be s�rraund�ts�r an$fnot wall and 8 faot 6�acic powdcr ao�te�vi�Irt chain lints ftttca w3th black�sh stxeettip�- This area w�ill uhtt� � Gallagher's tt'uc��ack and w*as'nrigine�ly plsnaned to hav'a dacic dn�rs � sad be a sh�rcd tru�tc docic betiwecn tlt�s bui�din�g snd.Galtagher. Tho � applicant is��rra�sin8�ddi#iot�[iatulscapin�as vrel[.Staff does + recammead spprpva[o�4h�s requ�st�rit1�canditi€sns ss fa�lo�vs: � -Maxirt�um staragc area is�.5 ac�es -Ali rnatecia�s being�red st+e assac�ake�t wit��he bu�incss that has t�e storsge acea -��orage arcae are Iocsted�n s side ar xear ye�u'at Ieast 1(t tfeet fro�fi�to �tr� -St�arage a�as are fea�oed,s�cened,a�d�ept i�t au orderYy�a�er. . -Starcd materia�s sha�l s�af carcc�l!he heigttt af F�e fortc6_ -Rev��w af the$pecial Us�Per�ni#anly if�erc ara�e v�lations or a . tenttnt�fiaage . Cacnmissiotier Kaspar asketl what types of�at�ri�I�vi[[�sta�ed. Brettt A�i'il�.s v�rif#a Nosth Paint rcpli�ci @�at co�dui[and sgnols afw€ce �l�t be stcsred in tBsis�rea. 1�ey�ifi�so�eav�24 bour�eecerarity. � NQet�t Po�rst originally wa�fed to pait�his#�in Spec II t�#fclt t�et the oufdoor at�ea�e woutd bz tao�sib�e�t�hhat foca�3on. Yn acldi�ran, ihe ugkeep an�stoarage c•ec�atieemenb fr�r this tdnent wilt be wriEtc�a into � i � , a pataEty claase �amr�aiss�oner I3c�mer asked v�s�t t�e vic4v w�ttld 8e fmm�e o�oo par4iou af Horizans. �vi�tcs repiied that som�o�t3�c affices c�os$tc�#�ae traasi�ion�rea 6et�en t�e and�stri�l�r�ian and t�a�'fic�z port�on m�y be ab�e tv sce in�the starag�yard far a s second�Eory o$'f�e or kighar. :omm'sssianer Snnderley askcd�trliat surfaee the mateeia�wo�td be stored ott» � Miies t+�plded th�t it wButtl be camcrcte. ; � Catncgis;sionerKaspac commented t#�at North�Po�nt f�do�e sa good �rtth daveic�sing dais area widlflnt any c�utdoar stc�egv. I�Ca questioned if { it w4utd changc�e feel of H�s park and said�e vraa s►k�i�h the o�tdc�or � storage�his time but likcly tiFovld�crt bn in t��c fu#�are- � Ch�ir Bowm�natsd ttl�t�ae wou3d 13�r.e to sce t�e SL3P capix�svat�t tlo� � ! ten�►at and if another#ena�t w�utd li�ce to dv autdoor star�go#hat it rnuat � comc�back I;eeforc tEte��ing Commissian snd Mites agR+eed. � � Chair Bawman c�sed�p�b��c Hearing at 7:33 p.ttt. Commi�si�ze,r King mn�ed to�ecammer�is appernral of�speci�[a�sa permit for atttdoor starage at4825 NW 4��Street ta fiha Bo�nd of ! Aldermcri wii�the i�altowing ca�dit�otts: -M�cimum storage acca is O.S acres � -All ma(�riais bci�g atored aro assaciated��tfic business tl�t 6as the stnrage ar�e&. � -Stora�areas�loca4ed in a s'rde ar aear y�ar at Ieast i Q feet f�m t�e stn-�f � -Storagc arcas nra fenced,scxee�aed,asd kept in an arderiy an�ner -�tored mat�isls s1�1C not e�cceed t�ec h.sZg�tt�f the fence. - »Re.wiew flfthe Spccia!UsePermit anfy if t�are sra cod8 vi�latimns. � -I€tf�e tc�aut letvea ti�n#ia�Spocial Us�P�ma�axpiires. E Ca4nmissiv��r Snod�rlay ssecoruded and tl�e ru�fion pas�scs S-(�. t � �d�aurn C;o�unissioa�er K�g move�to�d,�our�,secondec�by . Co�nmissianer YThI. � Mfltio�p�sscd S-0 and the eneeting was�d,�our�at 7:58 p.n�. i St�rah�agn�' e ��vriity I3evel�prnc�t � 3 � i I ��� �� ��t� �f�versi�.e �� Staff t�mmaiys�s Iiep�� r�issou�E �C13-�5; Ar�o �n�ovat�a�� �a�� Lo� ��►�� n►�,.�� I, Z, 3 �n� 5 ��a�n��g �ene�al�af�ranafi�� ��pI�cant:Ciey of Riverside I.ocativn:Lots 1, 2,3 ar�d 5 of Argo Innovation Park App�Ccafio�t: Rezone from Gen�ral Planned Industrial(G�-i)to PlantZed Develc�xrnent{PD} Reqnested�a�einng: PI�--Planned Develapment Es3s2�ag La�d U�e: Lagh�Inc��stria��d Undeveloped Propvseti L�nd Use: Light Industt-ual Site Area: frtl.45 Acres Proecdure� Th�procedure for a rezoning requires��ublio heazing be�ore th�Ptarening Gammissioa�atber at Deas� 15 days z�atice has h�n g�ven in a newspaper of general circulation ar�d mailings to pra�erty owners rvit�im� 185 feet of th�proposed prcaject. �'he public noti�cstion requirements have bae�fu�fi[[ed for Lhis a�lic,�ion. TptFodect�on:1'he rcquested activn is to rezone appro�matety eighteen�60)acres from "Gl'€: Ge�eral P[�nn+e� Industriai"to"PD:Planr�ed Devela�►ment",v�hich is�ocatad sout[�of Highwa�9 and west of Horizons Parkway and includes 3ohs�son Controls ar�� Premiu�►Waters. 'I'tee Property in yuestia�a is owned by�e Gity of Riverside and the Industrial Developmeni AuthQrity. �a�ysis.The property it�question is cusrently zone�both"GP-I: Gert�r�Flanned Ittdt�triaE"and"PL�P[an�ed Dev�lopt�ent." T�e�ity is requesting that aE[of the pmperiy be re�.ocaed t�an endustriai PD. The UDC3 states . ti�at Ehe GP District sha.�l be a holding district,na develvpr�ent s1�a11 accur w�tE�in tha G�District until the pro�eZ�ty has bae�lrezoned. This re�qa►ireme�t oft�e UDC3 r�as specafically put in place so tE�at the Plan�tiztg Com,mission and Baard af Aldsrme�wou�d have tl��ability to review deveiopment pl�ns for each prQperty with the Horizons area to enseire that it mee�s the lM[aster Flan appmved by ti�e City. 'Ii�e LIl3�also s�s the mz�i�um standards fhat ali developmeats must meet wit$i�the City including architectura�design and materiais, ta�dscaping and buffering,pxricing, IEghCirtg,and setbacks. �n 2007 aIl peoperty ovs+ned by t�te City in Horizans was rezone�to PD. At th�s time�hrga��ttiov�tion Park�vas nof yet estabtished, Thus,the 2�Q7 rezoning �ncluded only the western portion o�wh�t would becora�e I.�ts 1,3, a�ed 5 of#he Argo I�novatinn I'ark Plat which was sppraved and r�cerdad in�iant�sry o£Z(}11. The�+etnai�ing poRio�s of Lnts l,3,ancE 5 as wetl as L.ots 2,4 and 6 Iia��ne�er b�en rezo�ed. Zr�March of 20i 1 the fir�t development pJan for Jc��nson Contro[s was apprave�for I,at 3 ar�d the final develapment ptan for Premi�m t�aters was ap�ved in January o�20i2 fnr I.ot 2. In March ofthis year Lots 4 and b,owned by I]on Coleman, were t�e�oned to PI'3. T#�e City feels it necessary tn c(eas��p this area and have an�y flne zoning designation per�at �s welf as have all lots owned by the Ciry ga+verned urxier tlte s�e PD regulat�an for this piat and to(�in conforr�ance wi� the i7DD_ The Cdty is proposin�ta keep a maj�Rty ofthe original 20�17 appmved�D reguFations fceling i��t tlaey�ili rneet the initial intent of thss area. Staff �addec�in provisinns ta a�low fmr sQme r�odification ta the parkirag e�quiaer�ent allawing for temporary gravel parking ft�r basiness e�riencing rapid grovs�l� as Iong as they ge# �pproval frnm th��ity and meet cer�ain stac�dards. ��,a���id.���c��� �fi���ect�r�:�n�ri�a�ip��aval�f����fi�c�r�zi���p����r fr�a�i�.�s�'�-I�t���'��it����i�€��as ��€�x���t�i����ster P� . �1�c��f fz�r c����t�p�ztent in���z��s an� fits ti�:i�����g�s����v�lo����:��-��������- �f��ie s�:-r€��.�z��'ar�a_ ��s���s: ���������r��[aa:ii�����t�pti����egt���ti��3� . �a'€����� �at:�i�i ;��:=��� �������'�"'`��« ��s .. . _� �����r;�� �'`��'�; ��'.�x � ;�.,. .> ¥ � � �>'S ���s' � = s«,.e � �` #.�n�. � �.s-.�.» s � �,� .��z �-. ��aaa.�-.�.�._z � `#�':. �s.�<�'f`� ;��t�3 �.._, ..; �e.��,T...�=��.�:.,l �.,:;�.�..� ..x--�.-, ���;_� szF?�t..`y�� c �by k��'$ u � ft��,, _ . t ��`k`:� c._T;" `' �s =+� ..i`:I s . _ - a�, _ s- ..€, , _�.z�:..� .�.:�,":..., . - _ -:.P . . . . F �.. 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All sices shou€d conside� sotr�e fype of perennial planting at drive entrarzces ta the building site. Except as h�rein�ter pravided,all lats are required t�provic�e a rninimum landscape buffer of f fteen feet(15')�c�r visual screer�ing a�flng public ri�;ht-of-way,utilizin�deciduous sl�ade ar�d omarnenta� tcees, evergre�n �rees and shrubs as weli as encoura�ing welt-design�d berms to inte�,rate rvith thc raahtral tapo�raphy of#he site. Na pavir�g, be it for roads, parking, laading, storage,or watks,shall be permitted in this area. Within this buffer area,tr�es andlnr s}�t-ubs shalt be planted to provide an effective cantinuaus s�r�en at least six f�et {f'} hi�;h within eighteen (18} monti�s after initial plantin�. Speci�cally,each building si�e s�a!! include a rrsinimt�m ofar��(!)two ari�l ane-ha�f (2-'1�) inch catiper haard�x�od nr�ver�;reen tree for ea�h two thausand �ve hundred (2,5OD) square feet of petviaus/ gre�n s�ace area, to be plant�d in islat}ds c�r planting strips within or adjacent to t�e paved �rea. Evergreen shrubs two and one-ha[f (2-'12) to thr�e (3) feet it� hei�ht rnay be substituted for cwenry(20)perceni ot t1�e trees as required above. Building sites shalt be landsca�d in accnrciance with the generai lar�dsca�ing plan for the Fark. For a91 building sites, the front and sicie yard plar�ting areas shall contain suitable ground cover and a minitntrtn of on�{l)tree For�ach thiriy(3a)fee�of Bui6din�;Site frot�tage and, with re5pect to �ui1d'tn� Sites acljoining a stre�t, o�e (1) tree and three (3} sh�-c�bs for each ken (10} au�omvl�il� parking stalls located therean. Each decidunus shalt be at least h�o and one-half(2-'/z) inches in diameter at graund le�e� at the time aF �lar�#in�;. ln addition Ea th� tree and shri�b requireinents,there shall be 75 sf decorative plantin�;bed(perennial�lowers,small s�bs and nor�- turf�;raund co�ers} per 1 U�lineal feei of street frontage. The cost or value ofthe landsca�ing far a Builcting Site on a Street,includin�;sodding,seedin�(natth prop�rty line alan�rail tracks on(y},and �at�n irrigatiptt sha.�l not b�]ess than ane{1}percent of the cost af buildin�;s and improvements up to $S,OOO,OOEI, ar�d an additional one (() percent of the cost for each addikiana� $1�U,00Q_ The cosi qf buildire�s and improveme�ts, fc�r the purposes afth�s Section, may be dctermined 6y�he estiFna�ed cast used hy an awner ar te�ant in obtainin�;a building�Crmit�'or s�ch imprpve��nts. The landscape de�elopment,having 6een installed,shaIl be maintain�d by Owner in a neat artd adequate rnan�er,which shall include the�no�ving af�awns,trim�'nin�€�fhed�;es,other such maintenance and r�vaterinb includin�tlte insEallation�f lawn irrigation an al!siEes.The iandseaping s�all t�e implemented and cornpleted within six (6) months after campfetian of the building. r. Exte�c�r Li slZtin=. 1Lightin�;af bui[din�;s and public areas, such as parkin�, plazas, landseapir�g, f�ur�tasras,s�u�pCures,an��v�.lkways is required. A�[site lighting will be accamplis�ed by using cancealed saur�e fix�ures w�th a minimum average i�lt�minaiion in accardance with the requirerzxen�s o#the City ofFtiversEcfe.�tissouri. Al�exter�ae lightingwidl be tt�eta�hal�de mrauhiEe i� color and consta�tt ir�natvre,s�ecif cally exc[udin�;traveling,flashing o�intermittenc illumination of 4 any kind and n�ust be so arranged ar s�ielded as to avoid gtare or retlectian �nto any ad,�acent existing or proposed streets,hi�ways, ponds or build�ng s€tes. Pol� mouttted tixtures�ti�i have a rnaxirnum pole h�ight of riventy-eight(28) feet, inciuding the base. .�. Und�r s�oc�i�d Utilities Pi es Etc. No pipe,�onduit,cab[e,line c�r the like for water, gas, sewage, draina�;e, stearr�, electricity, or at�y olher ener�y or secvice s�alt l�e ins€alled or maintained upan any building site (oui.side of any buildin�j abarre t�e surfae�af khe grou�d. K. �enctn� All fencin� on any building site shall b� compatible r�vit� the bu��din� materaals�sed in the construc[ion af the roajor structure�n said buildin�site. All rnetal fencin�sha[l be black r•inyl coai�d or with rr�esh sereen ar�d shdll be scr�.ened by tandscapin� from view From �:xistit��; or proposed streets, high�vays and contige�aus bui�ding sites. Fencin�shall b� €imiled to R'high at side and rear yards, Front yards shal f b�deeorative in appearance with a maximum hei�ht of 3' a�ove �racie. [,. Ani€�als. No I�vestoek,poultry or oth�:r animals sha[I be�ept or�any part o�the Park M. Miscellae�eous. Each building site in Norizons B�sin�ss Par[c is subject to all �resent and futt�re applicable.laws and or�inances, it�cludir��withauf lirnitation the Unified Developrr�eni �rdinance ofthe City of Riverside.I��lissouri wifh special attention directed to the fallowing sectior�s t�ereof applicahle to a11 iPD Planteed �eveiQ�sment l�i�tricts,peMaining to the �altowin�;: I. Smnke Contro! 2. Control af 17ust& Diri. Fumes. Vapars and Gas�s 3. t�7aise control 4. C'ontrc�l of odors 5. Cilare an� �eat cor�trol G_ Vibration ccz��Eroi 7. Storage and waste disposa9 S �+X�IIIBI'T D DE�L�PIV�N'�t�ND LAI�T�}SCAP�G PLANS See Ordinargce No. 1��0 attached hereto. 19 wA�svsi iz.l B��L wc�. �o��-o€� �����s�c� n�o. 1�8� �41� �3i�DiiVAN�E AF'I�F���iI1�G �a FllOto$L DEVELC}PhiIEPfT �C.�4�t FC}R LAND LOC�TE�1 �4T �3E�1 �l�191 i�IATTOX �t[?., Ft�l!"ERSIDE, idilSSOt�RI, !N l��G�RI�ARI�E {�iITF� FHE IJ�iFIE� E�E11EE��PNI��1T ORDI�iANGE OF THE CITY [�F F�l1�EF�SlQE WHER��S, Ap�licatian No. PG'1�-D4 was s�l��mit�ed to the �it�/ by Premiurro Waters, fnc. for �pprova�l af a F���l €�evelnprnenf Pdar� f�r const�ucti�n af an approximately '�05,�00 sqc�a�-� foot expansior� of industri�l facility �`Developmer�t �'�ar��} located on a� approxima#eiy 2C? acre tract of lanci at 43Q'� �W Il�lattox �id., R6�erside, Missauri; WH�REI�S, the Plar�r�ing Commissia� held a meeting on Jar�uary 22, 20�� #o cor�side� sa�d appli�atic�n ar�d recamEn�nd�l that the C3evelopment Pla�n !ae 2apprc►ved; WHERE�S, Cit�r Staff�i�ds_�id a�pli�a4ion ta be F� car�fr��rnanc�� the standards s�.t f�rth �� the l�nified De�elr�pment Urdin�ne� and the gvals estab[i5hed ir� the �omprei�ensave AAaster Pk�n and recornrr'aer�ds app�val of#he �pptica�ion; and 1�VH�REAS� the Board of Aidermer� ft�e� �Faa�: �'�} the applica#ian is ir� conforrnae�e� with the st�ndartls set#c�rth in fhe Un'�'ied Deueiapme�t Ordinar�ce and �he goals�st�blist�ec� �n the GampreF�ens�re I�aster Pfan; �2} th� Development Plara is deemed fio be in s�bst�ntial compli2tnce var�f� the appro��d prel�min�ry development plan; and (3} it is in t�e best interests of t#�e City i� or�er to further fhe ob�ectid�s of ir�dc�stri�l and eccanomi� development of the C�ty, as v�rell as ira further�nce of tfie ob�ective te prate�t the he��#h, safety. �nd we[fare �f the busir�es� and catize�s cz�' the Citys to approv� the Devek�pmer�t Plan as seY for�h herein. �01�V T�f��EF�3RE, BE 9`� ORD�►INE� �Y �'H� BOA�� �F e�LDEFtIlI[E!� �F THE C�TY�F I�IVER�IDE, NltSSVUR�, AS F011flWS: SE�TI�3h1 1 — BEST iNTEFtE�T QF TIiE CfTlf TG� �1PPR011iE ��VELOPME�IT P�N. �# ia �n the best ir�ter�ts nf the Cit� in o�der to further th� objecti�es of it�dustria! anc� econ�mic development of the City, as wefd as in fe�r�h��nce of the ob�ecti�te#o protect the hea#th, safety, at� welfare ofi the bu�inesses and ci�zens of#he Giiy, to approv�t�e �eveEopment Rlan, attachet� her�to as �chibi� A artd irac€�rgc�rated h�reir�, for develc�pment off prop�rty iocrated at 43�1 NIN Mattox Rd.� Riverside, �lissou�i, and iegaEly d�scribed as set f�rth or� Exhibit B a#�ached �ereto ar�d incorpc�r�te�d hereir�, and se�ci� De�e�opmerrt P(an is her�l�y appra�ed, s�bject to th� coc�tinued cort�pliance pravidec3 herein, ta al{aw for the construc�i�rt of �n i�dustrial ��cilit� according to such pla�. �EC"6[C�N 2 — CO�lTIiV6JIIWC C011AF��tA1�C�. The fallov�ing can�i��ir�g com�liance obligat��a�a s�al� apply �v� �egard t� the �velop€�eret Plan ap��oved f�r develapment a��he property: 1. T�e approVal of the Devel�merrf P1ar� dves not r��ieve t�e de�►e�oper frc�m compl4ar�� with al! affier app#icab�e local, state and WA 65GI420_L federal I�ws, �odes, ordin�nc�s, and reg�iations. The de�elop�r is req�ired to rec�c�est and o6tain approval f�r a�fl n�oessary p�rmits to bec�in canstructi�� the€I�velop��n�. SE�'f`IOfV 3 — A!�'THORI'�f �R14N7`E�. The ��yor, t�e Ci4�i Administratar, Special. ��unse� to tl�e �ity, �n� ather app�opriat� Ci#y of�ciafs a�e hereb� authocezed to take arty and a�l a��ar�s �� may be c4��rned necessary�r con�rer�ient to carry ocrt ar�d com�ly wit� the intent o�this Qrdir�anee an to �xect�te and deliver for a�d on t�eha�f ofi the Ci�y ��!�er�fica�es, instn..iments, agreem+�r�ts and ather r�ocument�, as m�y be necessary or cem�renier�t tca perforer� all r�natt�rs herein ac,�arized. SEC'i'00�1 4 — EFFECTIYE DA►�E. Th�s ordinance sttall be in �uCi force and eff� frcam and aFter th� date�f�ts pas�age and approvat. BE IT RENIE�IlBEFtED that t�e above uvas read tw� t€mes by �teadinc� a��y, PAS��[3 �W� �P��TOi�E� by a ma��ri#y €�f #he Boarsi af Aldersner� ansi APPF�OVED by t1�e MayoP of#h� City of Rive�s�de, Miss�tri, this 3`�day of Fet�ruary, 2015. �. , � . , ,� . -' �� � }� - • � f = "� � . • aihl�en L. Rc�, Mayor /� . �. _ l't �. _ .. — Y � Y . � {�+ � a .i 2 . r _ r . ' �I ,,..:_��� �J fZ05�1i l..l�f�ds, l�l �.`I�t�C , - .• '� �1 d aS ta�O€�1'1: `�. . ; ti. - . 7 , Spe ane B�itt& �rQwrde �LP Spe ial C nsel ta #he G��y by J B ar � WA b5b942t�.1 . 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E _ , ' '. .^ � �.' �. 7 . �:: n f c ' s.,.. �������.' : ����������Tl�t� ��t � �r� Lc���r�f r�� I�re�� ' � ��. : ,� �A&��9���,t eirY o� �i� v��v�r�i�� ������ ���f�,An�l�►s�s �tepoa� M�ssou�r �as�Numl�et�FC I 5-04, F�at Developmen$P�an "��m�"►�«�: 4301 NW Mattox Road—Premiurri �a�ers �eneral H�farsaat�ot� �pp]Ci��t: Premium Waters I,oc�ti�x�: 43Q1 NV4�Mai#ox Road Applic�#ion: �inal Development Plan for 1(�S,t300 s.f expansion Zo�iag: PD PIanned d�velopinent Existeng La�d U�e: Developed—exasting 165,000 s.f.btrilding Propased I,$�d U$e: ExpancE bcaitding for additio�at warehous�space FinaB Dervelopme�t Plae�: �'i�at Developmenf F�an wilt 6e reViewed by the Pfanni�g Com�ession snd the Board of,Apdenn�for approval. Site Ares: �4.4 aeres e�tisting��t and purchasing 6,5 �cres frorn the�ity �uilding Sisze: 165,(D00 s.f,excst�ng, li}S,Qi3�s.f. expa�sion=270,0{�E)s.f.tatat A�.. alvsis Site Laynae�: '[3�e prop�s�d exp�sion wil�be utilized for warehouse space and is needed ta accom�modate the campany's gmwing business. lt wiIl extend the building oa thc bac�sidc/east e�d. ,'�ee to the shspe of the lot axed a�gel af the raiIrc�ad,th$�xpansion wil�cseate a stair step s#�ape. inctudec�witC�tt the expansion are 2 new dosk doors.c�n the xout�side,6 dnck doors on the north side,and the�►ecessaxy paved areas to handle trtack movements, P�rki�g: Ti�e parking area is located at the fi�ont a1Fthe buildi�g and wi�l not be altered. The existing parki�tg spaces are suffici�nt to serve the�xpansion. I,�frrastruc�re: All infrasmtcture is available o�thc SRte. Stromwater wilB be directed south from the bu�lding a�d�n#er the regiona!detentian system. fl�atciaor Stmra�e: Tltere will be r�a outdooz storage associated�arith this expansi�n,ho�ve�er,actd�nal �railer park,i�g will be lc�c�ted to#Iie east.The expa�sion arill�liow for thc approv�d future�ck parking . intended far th�n�rtrthwest corn of the lot�iang[vla�tox Road to be remaved_ ��dacaping: �xisting landseaging is in ptace aIong the west side ofthe bui�ding,rvttich wi[! remain. Additional taees wilt be added to the greenspace to the narthwest ofthe building. A three focyt bern� va+il� be cottstructed on the east sid�af t�e pro�ert�+thai wil6 be�eaviiy landscaped i�order to he�p screen t�e addifianal truc[c parking. �total of 42 new trees will�e planted. Baeldi�g D�esign: TEee prr�os�l expansion airr�s Yo tnaittt,ain th�architectural character of the existing huilding while being cansiderate oftoday's design sfac►dards. The expansiort will mateh tize existing ba��id�ag�sa�t�si�ts—pre-��c�ncrete pa�els.Thbs�arg�l er��ca��aes��re d�segn�lc3ng che e�ti�bu��din�. �ignsge: i�ia new sign�ge is}�roposed with the expansion. Page I of 2 $.,�tghti�:No�s�w pole Iighti�g will be instal�ed wit6 the ex{�ansion.A fevv sanat[wall pack IigFtts cr�ay be included oo the building.T1iey wilE maxch the exist��g iight fixhar�es. Co�e�arebensiv��sfer Pian""�'ltrcAughout t�►e devetopment o�t4ie Cnmprehensive Master Plan it was articulated by participants that improving community+image/character and the qualiry and desip,n of 6uildings was a Ecey cc�ncern.Additia�a�lly,tl�e Campr�F�eazsive 14Rastcr�lan identi�ies the site as part oF tbe `Horir,ons Developme�t',w[�ich is�1�imat�Iy envisioned t�include a r(tix af ia�r�Qv�iion�nd ind�zstry, snigced use,des�ination affice, destinat�ia�retail and recrestio�. d�eco�nnme�dation Staff fnds the application in canfvrmat�ce with the standards set forth in the UDO a�td the goals �stabiished in the C�m�rehensive Master�la�a�d therefore recommends approval of the�pplicatian_ Att�chmen#s � Loca�ion Ma� • Fic�al Devetopment Plan: S�te P�att + Building E[evatiar.s ■ l,andscaping Plan Page Z of 2 EXI�IBI'�E �'�A�''�ER �00�S'TER All�EN�DIV�ENT �� WA 6595112_1 Drafi:li�ay 12,�015 FIlZST�1M�NDlliIEN'�'�F LEA�E AGREEN�EN'I', MEIyiORANDUIV�OF Y�EASE AGREEMENI'ANID MEI4'I�3R�i1�iDUM�F PER�"[)R1V�ANCE AGRE�119EI�IT • by��d Beiweete CI'4'4.'��`�VERSI7DE,1�IdSSOURI �nd PREMIUIVI WATERS,YNC. lDated as af May�,20I5 �te6��ing t� $10,D0U,QOtI T�1X-EXEMP'�`YNDUSTRIAis RE�1ViTE B�NDS �pREMIiJM�V'ATERS,INC.PRQJE� SERIES 201�A S5,d0t1,llOQ SiTBORDINATE T�XABLE INDiJSTRIAL REVENL]E ��NDS �'REI��UNd WATERS,INC.PRQJECT) SERIES 2U12B FI�tST AMEN�MEI�i'I'flF�EASE AGREEA�EiVT AND IVIEMOY�NI3UM OF LEASE AGREEMEN'�' TFIIS ��RS�' AMElYI�MENT OF LEAS� AGREEIV�]ENT t1NID IYIEMORt�NDUM OlE I.EASE AGItEE�ENT (the"First Amendz�enP'�, tiated as af May_,2015, is made and entered into by and bet�veen CI'TY �F RTVERSIDE, �IISSQiTit�, a fourth-class eity organiz�and exis�in� under the laws of the S�e of Missouri(the"�ss�er"�,as lessor,.and P�.2ENIIUM W�1TlERS,INC.,a Niinnesota corporation(the"�ompany"},as lessee WITNESSET�I: WHEREAS, the Iss�er is authorized and empowered pursuant tv the provisions of Article VI, Section 27(b) c�� the Ikiissau�-ii -Constitution and S�tions IOQ.fl10 through I00.2Q0, irtclusive, of the Revised 5tatutes �f IvEissouri, as amended (coltectively, the "A�t'�, to purehase, construct, extend and irnprc��+e certain projec�s(as defned in the Act)and.to issue industria�cEevelopment revenue bQnds for the purpose a�pro�viding funds to pay tk�e cost� of such pro�jects �ed ta lease or othersvise disp�se of s�ach prc�jects to �rivate persons or corparations for manufacturi�g, cc3mrnereial, warehousing aa�d i�adustrial development putpases upon suGF�terms and conditions as the Issuer st►all deem advisable;and WHEREAS, pursuant to t�e Act, the gover►aing body of the Issuer issu�;d its $1D,OQO,Ot}(} maximuFn principal arnount of Tax-Exemgt Industrial Revenue Bonds (Premiurn Waters, �nc. Frojsct), Series 2A 12A {the "Se�rz�s 2012A Bonds"� and $5,{�Q�,O�DO maa�imutn principx[ amount of Subordinate Taacable Industrial R�venue Bonds (Precniurn Wate�, Inc. Projectj, Series 2012B {the "Series 2012B Bands,"ths Series 20I2A Bonds and the Ser�es ZU 12B Bonds coilecti�ely,the"Bon�s"), for the puipase 4f SCt�L�lSltiO�,constr�ctian a�d equipp�ng of an appr4ximatety I65;4�{�square foot manufacturing i'acility witE�relaked afTice spa�e to be lc�ated on appr€3xixnately 14.4 acres gesterally Iocatecl at 4301 NW Mattox Rc3ad in Rive�-side, Missaw-i (tl�e "Prc�ject Site"), and consiructing facilities thereon, including fixtures �eIatin�thereto (tl�e "PrQ,�e�t Irnp�ove�►emts," and wi�h the Praject �ite collective[y the "Pr�jec�Rea� Progerty"),ta be used for tnanu�'acturing purpases. WHEREAS, the Issaer leased tfie Pro,�ect Sit� �o the Cornpany pursuant to a Lea,se Agreement dated as of Fe6ruary i, 2012 (the"�ase"). WHEREAS,the �ssuer and the Cornpany enter�d inta�Memorandum of Lease A�ement dated as of�'ebruary 1,20�2(the K1VIemo�ra�dr�m of L�ase'�to provide notice of t�e Lease in the real property records of Platte Gouniy, Missouri aa�� the Memvrandum of Lease �vas rec�rded on March 1, 2�D12 in Boak i�$6 at Page 735. WHEREAS, the Issuer ar�d tlae Company entered into a Perforrnance Agree�ent dated as o� February I, 2Qt2 (the "Perfarmance Agreenn�ent") a.nd Mernorandum of Lease Agreement dated as of �ebruary 1, 2012 (t�e ��14�Iem�ra�dum of ��rfoa�anee Agreemer�t") to pm�ide natice of the Performancs Agreement in the real properky records vf Platte�ounty, Missouri a�nd the Mernorandurzz of Per�ormance Agreement was recorded on March l,20l 2 in Baak 11 S6 at Page 740_ i�HEREAS, the Series 2f}12B Bonds are no Ionger Or�tst�nding and all of the Series 20t2A Band�are o�rned by�eIls F�rgca Baadk,l�Iateo�al Assc�ciaiion. WHEREAS,the Issuer and t�te Company desire Yo amez�d the Lease, th€e Memorandufr�.of Lease, the Perforrr�anee Agreernent and the Memorandum c�f Perfarrna�rice Agreerner�t to acnettd the description of�e Project Site attached thereto. NOW, THEREF(�RE, in consideration of the premises and the muinal covenants �erein�fter contained,the pa�ties hereto coverEan�,agree attd bind�hernselves as follows: ARTICLE� DEFINITY�IVS Sect�ou 1.11�. Defnitioma. �'or aIl pwpases af t4�is First Anaend�x►ent, except as otherwise provided or unless the context atherwise requires,words a�d terms used in this FirstAmendnnent have the sarne meanings as set forth ir�S�efioa�1..U1 of the�ndente€re and Seet6oee i.Of of the Lease. �RTYCLE I� ]I�EPRESE�I'I'A'I'IQNS Ss�tion�.�1. Reg�resentatian�s by the Issuer. The Issuer repiiesents andwarrartts as fo�lows: (a) The issuer is a fourth-�class city duly organized and exisfing under and pursuan� to the �onstitution and laws of tile State, ittcluding the Act, and zs author�zed by the Act to execute ar►d to enter into this Firs� �ltnendment and to undertake the transactio�s contempIated herein and therein and to ca.rry out its obligatians hereunder and thereunder. (h) 'Che Issuer has ail�uisite power,suthority and Iegal right ta e�ecute and deli�er the First Amar�dment to which it is a party and ta perform ar�d observe the ptx�visions therenf. Seeti�n 2.i�2. itepresentations by the Company. 7'he Comp�y represents and warrants as follavvs: (a) The Company (i)is a corporataan oaganized and existing under the Eaws of t�e State,{ii)has organizatianal and other legal power and authority ta enter into�nd to perf�rm the agreements and r.Q�enants on its part eontauned in the First Ame�dment�ii'r]has d�aly authorizet3 the execution,cie3ivery and performance of the First A�endment. (b} The exec�tion arid delivery by the Company of the First A�endment to which it is a party and the perfo�'rnance by the Conn�par►y of its obligatians titereunder (i)do no� violate provisians af statutory laws or regulations applicable to the Co�npany, (ii)do not violate its articles of incorporaLnon or bylaws, (iii)do not breach or result in a default �and�r any other agreement to which it is a party a�td(iv)do not violate the terts�s of any judicial or adminislrative judgment, order, decree or arbitra� decision that names the CompaR�and is specifically direeted to it or its asset,s. ARTICLE III �iMEND1VI�NT OF THE L�ASE,�EMORANDUM OF I.EA.SE,PERFOR1V�k�CE ��R]E��I��I][�1��E�Odt�IJIUNI Q�P��tFORMANCE AGREEMENT �e�tio�a 3.i�1. �ae�aa�r����. �'he parties nereiay amea�d �e L,ease, the iVlem�r�ndum �f I.�ase, #he Perfnrmance Agreement and the 1Vgemorandut�n of Peitformance Agreem�nt to prt�vide that the attached E�hibit A be substituted for tlae Project Site in the Leas�, the Memarandum of'Lease attd the Memorandum of Perfarrnance Agreemeni. -2- Sectaan 3.02. Tax Ab�te�ent. The parties herehy agree that the Per�orrnance Agreerrient �mvisions thaf require 1fl010 wil6 also �pg1y to �e E�ibit A attaehed hereto snd that any future improve�ents constracted on Exhibit A shall nat be entitled to a�y sales ta�c exemption for r,onstructian rnateria�s. ARTICLE I"V A'fISCELLA:I`I�OUS Section 4.01. Applicabilify of'tbe Lease,Memorandum of��e,Perfor�a�ce l�greement � �d Mernorandu�u of �er�'ormance Agreemen� Excep4 as otherwise provided iu� this ]First Amendment,the provisians of t3�e Lease,the Memorandurri of Lease,the Perfamnanc�Agreement and the � le+Ie�no�sdu� of Perf"orr.ianc�Agreeraent are hereby ratif�ed, approved and can�irmed an� incarporated herein. This First Arnendment sha�l Ese construed as having bee� autho�d, executed and delivered under tha pr-0visions of Sect�i�a�8.U3 ofthe kndenture. Section 4.02. ]Bi�dir�g E��ct. T'his Agreement shall inure to the"benefit of a�d shall be binding upon tkee Issuer,the Campany,and their eesgective successors and ass�gns. Section 4.(!3, Severa6�i�aty. �n the even# any provision of this Agz'eement st�aEl be held inva�id or unenforceai�le by a�y eourt af cumpetent jurisdiction, such holding shall nat 'rnvalidate or render unenforceable any ather provision hereof. Section 4.04. Execution in Cm�rnterparts. T�►is Agreement may be execu�d in several countetparts, each of which, taken together, shall be an origina� and all of which shall constitute but ane and the same instrument. Section 4A5. Applicable Law. 'I'his Agreement sk�alt be governed hy and canstrued in accardanc�with the laws of the State. Sectian 4.OG. Electro�ic Stora�ge. The parties agree that#kae transactian descrihed hsrei�t may be e�nducted an� re�ated docuane�ts tnay be stored by electronic mieans. Copies,#eIeaopies,facsimiles, electronic fIes and other reproductions af original executed doeuments shall be deemed to t�e authentic and va�id counterpat�s of such original docutnents for all pur}�ases, including the fiiing of any clairn, a.ctian or suit in the appj'opriate c+�urt of law. [Retnainder of page intentionaiRy lefi blar�lc] -3- IN WITNESS VVHERE�F, the Issuer and the Co�pany have caused this First Amendment to be executed in 4heir respective (egal narnes and therr respectiv� eo�porate seais to be hereunto affixed, and the signatur�s of dttly authorized persons to be attested,a11 as nf tt�e date first above wriiten. �'I'�"Y OF R�1aSmUE,1VdISS�URi By Mayor [SEAL] ATTES�_ By. M City Cle c jFirst Amendment] �-1 Pl�M][�JiVI�'U�7'ERS,lC1�C. By: Name: $emard A.Z,arrla Tit[e: Senior Vice President [First Amendmeni] S-2 �Ql`ISEI�IT OF�C9ND(3WNER Wells 1Fargo Ban[c, 1Vational Association as #€�� soIe �IoIder af all of the S�ries 2(}12A Bonds hereby consen�s to tEeis �irst Amerrdm�ent. VijEI,�S FAR.�O �A�I�, NATIQNAI. ASS�C�TION By: �ta�,�: �ts: CQNSEi�T��F Tl[�.US�E We�Es �'argo Bank, National Association as t�e Trustee under �he Indenture hereby consents to thi5 First Arl�enc�ment. VVELLS FAR,GO BA1�K, N�TIONAL ASSOCAT`Y011T By: _ Name: �ts: jFirst A�nendment] S-3 F_.XHISIB'A �..E�AL�,1��C�P'FI($N Lvt 2, ARG� INNOVAT�ON PARK, a sul�division in the City of Riverside, Platte Couniy, 1VI'rssouri LESS ANU EXCEPT: AlI that partian of said Lo�2 described as follows: Corr�mencirtg at the northeast r�orner af saicl Lot 2; thence ca�ncide�c�t w�th the east iine o�said Lat 2, Sovth 00°28'55 VVes�, 343.'18 feet to the Poiz�t Qf Beginnin�; the�nce contin�ing along saicl eask Iine, South 00°28'S5 West, 65.7� feet; thence contanuing along said east Iine, 1Vo�th 65°23'28" West, 37G.25 feet; tkaence cc>ntinuing alang said east line, South C}0°28`58" W�st, 410.77 feet to the so�theast corner ihereof; thence coinc'rdenC with �he so�th Iine of said Lofi 2, North 65°22'38°' �Nest, 35$.3$ feet to the sou#hwest carner thereof; thence coincident with the west line of said Lot 2,North 00°16'14" East, 361.46 feet; thence departing said west line, Sou� 89°�3'35" East, 255.95 feet; thence SQuth 6S°23'28" East, 455.62 feet to tIze Point of Begiru�ing, cantaining 154,007 sqtaare feet, or 3.765 �cres,more ar less. 1� VirA 6595 i 12.1 TENAN'�' ESTOPPE�., CERTYFgCATE To: Assured Quality Tztle Company("Assu�ed'� Re: Lease dated (together witl� the modifications, amendmen�s and assignmen�s listed on Schedule A, the "Lease") between the City of Rivexside (tlie "Caty"}, as La�dlard, and Prenaxum Waters {"Tenant'�, as tenant, as axnended by First Amendzz�ent to Lease dated December 1, 2015. Leased Premises: S�e Exhil�it A attached hereto The City hereby certifies to Assured that as of the date hereo�: 1. Lease. TI�e Lease is i�z� full force and effect and has not been modified, aYnended or assigned except as znodified by the First Amendment described above. 2. No De�ault. To the City's knowledge, there is currently no default or event which�zth the passage of time or the giving afnotice would constitute a default, under the Lease. The City executes this Certificate knowin.g that the truth of tk�is Certificate vv�11 be relied on by Assured. Dated: December , 2015 THE CIT�' O]F`RIVEI�SII�E By: Na�ne: Title: 73�2003 vl Recorded in I'latte County,Missouri R�c�rda�g DatelTime:0214812016 afi fl1:32:56 PM t�str Number: 2016flt�1569 ,",,••,,,, `��o�p£R OF��' Book: '�256 Page: 398 ,:�,�--� ' -Fo'= , e. •�� -ry��: ��r ucc ��: �„ � '�: ��g�s:� _'�... '` ..�o; Fee: 36.Ofl E "`�o''" ''�`�,`'' $ - our�r;, ,�� '�`�'i��N�j1 Eleefrvnicall Recorded Gloria Boyer Y Recarder of Deerls PLl�'TTE C�*is�T'I'Y MYS����"KI CERT'�F�CAT'I�N ����ER �� �EEI)S Tne Reeorder of Deeds ha� added t�-i�s page to your doc�,�ment per eoi�npliance wi�h State law un ler Exempt Status. RSMo 59.310.4 (effective January 1, 2002) EX�+ 11�IP'I' D��tJ11�IEN'I' This Page Is Part Of The Document—Do Not Detach ��-��R� ���,�.��T �a a a.� ��� i� tr����� � UCC FlNANCING STATEMENT AMENDMENT rOLLDW INSTRl1CT10NS .NAME&PHONE OF CONTAC7 AT FILER(optional� Gory B.Thompson (404)222-46a0 B.E-MAIL CO�f3AC7 AT FILER(optEonaq C.SEND ACKNOWLEDGMENF TO: (Name and Address} �Gory B.Thompson, Esq. � Kukak Rock LLP 3D3 Peachiree Street, N,E. Suite 275Q Atlanfia,GA 30308 � � � THE ABDYE S?P.CE IS��'4R FILING�OFFICE USE ONLY �a.INITiAL PINANCING STA'FEMENT FILE NUMBER 71-.-:_ ��&1_ �b� This FINANCWG STATE����NT AMENI3MENF is to be filed jFor record] k�)��''V 4�� (or recordsd}in tlie REAL cBTATE RECORDS 20124Q2919 filed on 03/01/2012 � Fler.attad7 Amendment Adderidum(Form UCC3Ad}and provide Debtors name in item 13 2.�TERMINA7lON_ Efiec6veness af the Financing StatemPnt iden d a5ove is termir�ated witn respect to security interesi(s}a�Secured Party authorizing this Terrnination5tafemen[ 3,Q ASSIGr3MENT(tull a�paAial]: Provide name of Assignee in item 7a or 7b,and address of assignee in item 7c anci name of assignvr in item 9. For parlial assignmeM,eomplete items 7 and 9 and aiso indicate ai�ected collateral i[item 8 q.Q CONTEN UATION: Effectiveness of lhe Financing SYatement idenf�ed above wiTh respecC to�security inieresl(sj of[he Secured Parfy authori�ng this Continuation Statement is continued for the addEtional period provided by applicable law �,�RARTY INFORMATION CHANGE: Check one oF these fwo boxes: ANF]Check ane of lhese three boxes to: This Change affects❑�ebtor vr�Secured Party of record. CHANG@ name andlor address: GomPlete ADP name:Complete item DEI.ETE name: Give record oame �item fia or 6b;artd item 7a or 7b and item 7c �7 a or 7b,and item 7c, �to be tleleted in item 6a or Sb 5.CURRENT REC�R�WFORMATION: Complete for Party Informa€on Change-provide only pne name(fia or 66y .ORGANIZATION'S NAME aR City of Rivez-side, Missouri b.IN�iVl�IIAL'5 SURNAME FiRST P�f2SONAL NAME A�DSTIONAL MAME(SJIINITIAL(S} SUFFUC 7.CHANGED OR A�JDE�INFORF4IA�TION:Complete for Assgnment or Party Infaimation Change-pro+ride anly one name{7a or76}(use�ad,�Wf name;do not omit,modi[y,orabbfevi3fe any pari of the De6h��s name) 7a.ORGANIZATION'S NAME OR 7b.INDIVI�UAL'S SURNAME INDiV1DUAL'S FIRST PERSONAL NAME � IN63VIDlJAL'S A��ITIONAL NAINE{SJI3NITSAL(S) SUFFIX 7t.MAILING AD�RESS � CITY S7ATE POSTAL COOE COt13J73�Y 8.�COLL.A7ERAL CHANGE:Also check one of these four boxes: ❑ADO collateral ❑DELETE collaieral �RESTATE covered collateral ❑ASSIGN cv3lateral 3ndica[e collate[al: � See Exhibit A and Schedule X attached hereto and incorporated by reference hereirz. 9.NAME OF SECURE�PARTY OF F2ECORD AUTHORIZING THIS ANiENDMENT:Provide only one name(9a or 9b)(name otAssignor,if this is an Assignment) If this is an Amendment aufhorized by a Debtor check here ❑and provide name of authorizing Debtor. a.ORGANIZATION'S NAME a� Wells �argo Bank, National Associatio�a, as Trustee b.IN�IViDl1AL'S SURNASv1E iRST PERSDNAL NAME D�ITIONAL NAME{5)IINITIAL.(5] UFFIX 10. OPTIONAL FELER REFERENC�IaATA: File in Platte County,Missouri. 691b04-142. 4836-7391-4412 [nternational Association of ComrrEercial Administrators(IACA) FILING OFFICE COPY—UCC FINANCING STAT�MENT AMENDMENT f FORM UCC3��REV.04I20111) ucc �intA�ci�vG s�rAT�n�ENT e4MENDMENT ADDENDUM FQLLOW INSTRUCTIONS 11.INIYIAL FINANCING STATEMENT FILE NUMBER: Same as item 7a on Amendmentform 2012002919 �iled on 03/01/2012 ��'��� � �3 12.NAME DF PARIY Al1TMOFtIZING THIS AMEI�DM�NT: Same as line e bn dmenf form 128.ORGANIZATION'S NAME " We1Is Fargo Bank,National Association,as Trustee OR '���, IIVDIVI�UAL'S SURNAME FIRST PERSONAL PFAME A��ITIONAL NAME(S)IINITIAL(5) SUFFIX THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY 13.Name of DEBTOR on related financing Statement{Name of a curient�ebto�of record required ior indexing purposes only in some filing offices—see Instruction item 93):Provide only one C2htor name{13a or 13b)(use exact,full.name;da notomit,modify;or abbreviaie any part of the L?ebYor's name�;see instrvclions if name does noY fit 132.CRGANIL1TIpN�S NAME City of Ra.�erside,Missau.ri DR 13b.IN61V1�UACS SURNAME FEgST PERSONAL NAME A�DfTIONAL NAME(S�IINITIAL(5) �SUFFIX 14. ADD1710NAL SPACE FOR ITEM 8(Collateral): 35. T�liS FINANCING STATEMENT AMENDM�NT: l7.DeSCRptIOn of CBaI 9State: ❑coverstimberto be cut ❑covers as-exiracted collateral � isfiled as a fi�ure filing ��� Schedule 1 attae�ed hereto. 96. Name and address of a RECORn owNER of real sstate descrihed in item 17 ('rf Debtor does not have a record i�erest): 1$. MISCELLANEOUS: 1NTERNATIONAL.ASSOCIATI6N OF COMMERCIAL A�MINISTRATORS(IAGA) FILING OFFICE CDPY— UCC FINANCI�+3G STATEMEIdT AMENDMENT ALIDEN�UM�FO#2M[]CC3AD��REV.O4I2QI'I'I� Exhibit A To iJCC Fananci�a Stat��nen� Dehtor: �ity of RavP�rside,Missa�ri Secured Party: Wells F�rgr,y��,Nationa!A.ssa�c�at�on,as Tr�stee CollaEeral �escripti��: � All of the foilawing descr oed land and interests in land, estat.�s, easement�, rig�ts, imgroveme�ts, personai property, �i�tures, equigrnent, fuzniture, furnish�n;gs, appiiances and appurtenar�c�s (hereinafter re�erred to co�e�tively as tib.e "Prernises")and does hereby grant to the Secured�'arty, a security interest in that portion a�the Preznises consisCing of persona�property ox fixtures: (a) All tl�ose certain tracts, pieces or parceis af land more particularly described in Sched�le T attached hereto and by this refexence made a part hereaf (herei�after refe�rect to as the"Land"). (b) f�ll buildings, str�etures and improvements of every nature �vhatsoever now or hereafter situated on the Laz�d, and all gas and electrie fixtures, radiators, heaters, engines and u�achinery, boilers, r�ges, elevatars and ' motors, plumbing and heaking fixtures, caXpeting at�d other floor coverings, fire extinguishers and any other safety equip�nent rec��zred by governmental regulation or law, water heaters, xnirrars, rr�an�els, air conditioning apparatus, refr�gexati�g plants, refrigerators, cooking apparatus and appurtenances, window screens, awnings and storm sashes, which are or shall be attached to said b�ildings,structures or impro�emen�s ar�d all other furnishings,fiirniture,�xtures, mtachinery, equiprnent, applianees, �ehicles. (excludin� Debtor's personal automobiles, if any}, buiidin� supplies anc�materials, warranties and other rights under co:nsm.ict�on service and other contracts, books and records, chatCels, inventory, accounts, farna prad�cCs, consurner goods, general intangibles and personal property of every kind and nature whatsoever naw or hereafter owned by Debtox and located in, on or about, or used ar intended to be used with or in connection with the use, operatian or enjoyment of the Prern�ses, inciud:uag all exCensions, additions, impraverr�ents, betterments, after acquired property, • renewals, replace�ner�ts and substitatians, or proceeds from a permitted sale of any af the foregoing, and atl the rig�nt, title and interest of Debtor in auy such fi�rnishings, fiirniture, fixtures, machinery, equipment, applianc�s, ve�cles anEd personal property subject to or covered by ariy prior secu�ity agreezz�e�t, conditaona� s�les contract, chattel mortgage ar sim�lar lien or claim, together wit� the benefit of any deposits or paymen�s now or �ereaftez' made by Debtor ar on behalf of Debtor, all tradenames, trademarks, servicer�zaxlcs> iogvs az�d gaodwiil 4922853 vt . related fihereto w�ich xn any way now or�tereafter belong to Debtor and relate or appertain to the Premises or any part �hereof or are �ow or hereafter acquired by Debtor, and all inventary, accoun�s, cha�tel paper, docunrients, equipment, fixtures, farm products, consumer goods and general intangibles cansCituting prnceeds acq�ired with cash proceeds of any of ttze property descz�bed hereinabove, al� of which a�re hereby declared and shall be deemed to be fixtures and accessions to the Land and a park of Che Premises as betw�en the parties �ereto and at� p�rsons claiming by, through or under Ll�e�n, and which shali be deemed to be a portian of t�e secu:rity for the indebtedness h�rein LLuscribed and to be secured by this ��st�-unrxent. The location of the above d�scribecl collateral is also the location oF th�Land. (c) Aii easeme�ts, rights of way, strips and gares �f Iand, vaults, streets, ways, alleys; passages, sewer rights, waters, water courses, �uater rights and po�vers, minerals, fltinaers, shnibs, crops, trees, timber an�. other embiements now or hereafter lacate�. on the Land or under or above the satne or any part ar parcel #hereof, and all estates, rights, titles, i�terests, privileges, Iib�rties, ten.ements,hereditaments and appurtenances, reversian and reversions, remainder and remainders, w�aCsoever, in any way be�anging, relating ar appertaining to tl�e PreEnises or any part thereof,or r�hich�ereafter shail in any way belong, relate or be appurtenant thereto,whether now owned or hereafter acq�zired by Dehtor. (d) All inco�> ren�s, issues, profits an:ri revenues af the Fremises frorn� tirne �o time accruing (including withaut limitation al.l payments unsier leases ar tenancies, proceec�s of insurance, condemnat�on payments, tenant security deposits whether held by Debtar or in a trust accaunt, and escraw funds), and all the estate, right, title, interest, praperty, possession, cla.�zn and demand wtzaisoever at law, as well as in eq�ity,of Debtor of, in ax�.d ta the same;�reserving only the right af Debtor to collect the san�.e so long as Debtar is not in Default hereunder. (e) All of the right, title and interest of Debtor in and to any award or awards heretofore made or hereaftEr to•}�e made by az�y municipal,county, state or federa�authorities to�e pr�sent or any subsequent owners of any of the Premises, including, without 1i�nitativn,any avvard or awacds, ar settIements or payments, ar other eon�pensation hereafter made res�lting from (x)co�demna�ion proceedings ar the taking of the Land or the Prernises, or aFty part thereof, under �he pawer af eminent doznain,Qr(y1 the altsrati�n of�rad� or the locaCion or dascontinuance o�. any stre�t adjoining khe Land or any partion tnereaf, or (z) any other injury to or decrease in value of the Premises. . 4922$53 vl . Schedule 1 The Land I,ot �, ARGO INNOVA7C��N PARK, a subdiviszan fn the City of Riverside,Pdatte r`Q��nty, Missouri. and La�2,ARGO INl\��'AT�O�P�RK, a su6€�ix�'�isia��� �he Cit� a�Riverside,Platte Cou�ty> i�'ii�souri IJE�.�.7�ilF�1i21L.E..F I. Ali that�artioxt oi s�:� �t Z describe€I as falIows. Cc��nmenci�g at�he �;axtheasf�orner of sa�d Lat 2;thence c�i�cic�ent vvi�h the�ast lit�e of said Lot 2,, Soufli 0{�°28'�5�est,343.'�S f��t to�he Point of Begi�n4n�, thence co�tin�i�g �lon�saicl East li�e, �€�uth 00°Z8'����est, 65.'1� feet; the�ce con�i�ui�g��ong said East�i�e,. \Torth 6�°23'��•' �'Vest,3�6.26 feet, t�er��e cc�n�inuan�ai�s�g s�id��st liHe, Sauth DO°2$'S8„ West, 410.�7 feet to the Sc�ut�ae�st rorner t�ereof; th�uce coincic]�nt�t�it�the So�th line o� saic��c�t�,�arth G�°22'38" '��%est,3�8.3$ feef tc� the Scru�h�est corner t�er�af; �hence coincx�e�t�th the��est line a.f said I.ot 2,Nvr�Eh 00°]6'14" E�st,361.46 feet; thence de�ai�ting s�ir��3�est liue, Sc�uth 89°43;3�°` E�st,ZSS.95 fe�t; �he�ce�outh GS°23'28" East, 45�.6? feet�o the Point a��sbinnirag. A11 of the foxegoing property now bezng known or described as: Lot 1,ARG� INNOVATION PARK 3RD PLAT, a subdivision izz the City o�Riverside, Platte County, Missouri. Recordet�in Piatte Ceuniy,Missa[tri Recording Da�slTirne.f�210 812 0 1 6 at U'l:32:58 PM Ir�str Nurr�ber: 2t}'[6001�v7� �,,'",•,,,,,, �, �oE�oxo�� Boak: 125G Page; 399 ;`�,�°�• ••FFo- :e. -�- Type: DT UCG ��:�r� � 'Q: Pages:g =�'�� ,.•�o: Fee: $36.aa E "F�nr�Nri,���''` ''���,.�,���'' ,� Gloria Boyer �Iecfronically I�ecorded itecorder nf Deeds pLA_'�TE �QJ��'�' �ISS�LLTR� CER'I`�F�C����llT �C�l�Ela OF DEEDS The Recoxder af Deeds has added this page to �our documer��pex compliance w�th State law�nder Exempt Status. RSMo 59.310.A� (e�£ective January �, 2002) EXElVV�P'I` �]��LT1VI�+ l�B` This Page Is Part Of The Document--Do Nat Detach ��:.������� �����3�`���`�� ��. L►'����5'r"�� -� UCC FINANCING STATEMENT AMENDMENT FOLLOW INSTRUCTIONS - � .NAME&PHONE OF CON7AC7 AT FILER(oplional} Cory B.Thompson (404)222-4600 B.E-MA€L CONTACT AT FILER(oplional} .S�ND AGKAlOWLEDGMENT TO: (Name andAddress} �Cory B.Thompsan, Esq. � K�fak Rock LLP 3D3 Peachtree Street,N.E. Suite 2750 Atlanta, GA 30308 � � i THE A80VE SPACE ES F6R PIl.ING OFFICE iJSE ONLY 1a.INITIAL F�iNANCING STATEMENT FlLE NUMBER I�A_ �b� This FINANCING STATEMENT AMENDRAEIdT is to be filed[far recordj � « (or recorded)in tlie REAL ESTATE RECORC]S 2012002920 fil.ed on 03/01/2012 Filer.attach Amendment Addendum(�orm UCE3Ady and prrnnde�e61oYs name fn Rem 73 2 �i c�'�':�A71 ON: Effectiveness of fhe Financkng SYatement ide ed above is terminated�with respect to security interesY(s)of Secured PeRy authorizing this Terminafion SlatemeM 3.�ASSEGNMENT(full o�partial): Provide name of Assignee in iFem 7a or 7b,and address of assignee in item 7c and name of assignor in ilem 9. For par�al assignment,complete ifems 7 and 9 and also indicale affecfed collateral it ifem S 4.�CONTINUATIOPl: EfFecfiveness of fhe�nancing Siaiement identified above with respcct ro security inierest{5J of the Secured Pariy authoriang 1hi5 CooSnua6on Statement is continued for Yhe additional period provided by app€icable law 5.[]PARTY INFORMATION CHANGE: Check one of thesa twa boxes: AN�Check ane oi these three boxes to: This Ghange affecLs❑�ehror or❑Secured Party of record. CHANGE riame andlor address: Complele ADD name:Complele item �ECE7E name: Give recard name �item 6a or 6b;and item 7a or 7b and item 7c �7 a or 7b,and item 7c; �to be deleted in item 6a or 6b &.CURRENT RECORD[NFORMATION: Compleie tor Party fnformation Change�-provide only one name(6a�or 6b) a.OF2GANIZATIdN'S NAME oR Pre��u�a Waters,Inc. �6.IN�IV]�UAL'S SURNAME �IRST PERSONAi NAME ADDITfONAL NAME(SuINITIAL{S) SUFFIX 7.CHAPIG E�OR ADDED I NFORMATION:CompEete for Assgnment or Party�Infomialion Ehaoge-pro+�ds oniy one name(la or76}(use e�sa[L full name;do not ortti�modify,or a66reviate any DaA of ihe Oehtors namej a.ORGANIZATION'S NAME OR b.IN�IVf�UAL'S SURNAME INC11V[�UAL'S FIRST P@RSONAL NAME IN�N{�UAL'S AD61TI03�€AL NAME(S}/INITIAL(5} SUFFIX 7t.MAILING AD�RESS GITY STA�E POSTAL CDDE COl1NTRY 8.�COLL.4TERAL CHANGE:Also check one of these four boxes: ❑ADD collaterai 0 DELETE collateral �RESTAT�covered collateral ❑ASSIGN collaleral Indicate collateral: See Exhibit A and Scheclnle 1 attached hereto and incarporated by reference herein. s.NAME OF SECVRED PARTY pF RECOR�AUTHORSZING THIS AMENDMENT:Provide only one name(9a or 9b}(name of Assignor,€f this is ar�Assignment) If this is an Amendmenf authorized by a Debtor check here ❑and provide name of authorizing Debtor. a.ORGAM1IIZA'fION'S NAME o� Wells Fargo Bank, National Associatian, as Trustee b.IN�IV@UAL'S SURNAME IRST PERSONAL NAME ��ITIONAL NAME(5)14NITIAL(SJ UFFIX �0. DPTiONAL FtLER REFERENC�DATA: F�le in P�atte Cou�ty, Missouri. 69.1604-142. 4$47-6187-4988 Intemational Association o€Commercial Administrators QACA) FILING OFFICE COPY—UCC FINAIVCING S7A7EMENT AMENDMENT�FORM UCC3]{REV.04I20111) UCC FINANCING STATEMI�NT AiV{E�IDMENT ADDEI�IDd1M FOLLpW WS7RUCT]OIVS 11.INI�IAL FINANCWG STATEMEN7 FILE iJUMBER:Same asitem 1a on AmendmenYform 2012002920 filed on 03/01/2012 ��l� � � �� 1?.NAM�Q�Pp,RTY AUTHORIZING 7HIS AII�ENDMENT: Same as liae 9 on Ams ment form 7 2d.ORGAN V 4TION'S iJAME Wells Fargo Bank,National Associarion as Trustee OR ���. IN�IVI�UAL�SSVRNAfd1E FIRS7 PERSONAL NAM1hE A�DITIONAL NAME(S]IINITIAL(5} UFFLY � THE ABOVE SPACE IS FDR FEF.WG OFF]CE IJSE�NLY 13.Name of�EBTOR on�elated financing Sta[ement{Name of a current DebTor oi retord��quired for inde�cii�g pu�pdses only in some Tiling o�ces—see Instruction item 13):Provide only one Oe.btor narne(13a or 13b)(use exact,fuEl name;do noi omit,modify,or abbreviate any pa�of 1he Debtor s name);see insWctions if name does not fit 138.ORGANI71t710N'$NAME P��1T1111I11 w�t�YS,TIlC. OR .�36.IM�IUIDUAL'S SLJRNAME FIRST PERSOW�,L NAME A�DITIONAL NAME{S)lINITIAL{S} SUFFIX 14. ADDITIONAL SPACE F4R€TEM 8{Colla4eral): 15. This FIMANGING STATEMENT AMENDMENT: 47.�escriptiOn Of real eSYaYe: - ❑coverstimber 10 be cut ❑��s as-extracted collateral � is filed as a fr�ure filin �e� Schedule 1 attaehed hereto. 16. Name and address of a RECORo OwNER oi reai estate described in ilem 17 (if�ebtor does not have a record irderesf}: 1$. MISGELLANEOUS � IN7ERNATIONAL ASSOCIA7fON OF CDMANERCIAL A�MINfSTR4TORS{IACA� FiLING OFFICE COPY— UCC FINANGIIVG 57ATEMENT AMENDMEN7 A��ENDUM(FORM UCC3AD}(REV.04I20I19) Exhi6it A Ta UC��nancin�S�ata��n� Debtor: Prennium Waters,I�c. �ecu.red Party: WeIIs Fa�rgo Bank,Natior�a�Association,as Tr�tee �Col�ateral Description: � A�1 of the following described land and interests in Iand, estates, easeznents, rights, improvarnents, persona.l property, fixtures, e�u�pment, f�rniture, furnis�ings, appliances and appurtenances (hereinafter referred to collectively as th� "Pre�uses") and daes hereby grant to the Secured Parry, a security interest in�at portion of the Prexnises co�sisting of personai property or�tures: (a) Ail those certain tracts, pieces or garcels of land more particularly descz�bed in Scheduie I attaehed hereto and �� tl�s reference ma.de a part hereof (h�reinafter referred to as the"Land").� (b) AlI buildingsr str�ctures and improvements of ever.y nature vvhatsnever now or hereaf�er situated on the Land, and alI gas ar�d elec#r:�c fixtures, radiarors, heatears, engines and naachinery, boilers, ranges; elevators and motors, plumbir�g and heating f�tures, ca�peting and othez' flc�or coverings, fire extinguishers and azxy vther safety equipment required by gavernmental �reg�lation or iaw, watsr heaters, mirrors, mantels, air conditioning apparatus, refrigeratzng plants, refriaerators, caoking apparatus and appurten�ces, window screens, awnings and storm sas�es, which are or shaIl he attached to said buildings, structures or impravements and ail other furnishings, fitrniture,fixtuces, machiner�, equi�ment, applianees, vehicles {excluding Debtor's personal autozz�obiles, i�a�n.y), huilding supplies and r�ater�als, r�vari�anties an.d other righ�s under canstr�ction service and other contracts, baoks and records, chattels, inventory, accounts, farm prociuets, consumez goods, gezzeral zntangibles and personal praperty of every kind and narure whatsoe�er now or hereafter owned by Debtor and located in, on or about, or used or intended to be us�d with or in conneci�on with the use, operation or enjo;yment of �e Prernises, inciuding all extensions, addit�c�ns, iznproveznents, betterrnents, after acyuired propc:rty, renewals, replacezx�.en.ts and substitu�ions, or proceeds frozn a perrrra_itted saIe of any of [he foregoing, an� a(1 the right, tit�e and 'znterest of Debtor in any such fi�€rtushi�gs, furniture, fixtures, �a.chir�ery, equipm�nt, app3ianees, vehicles and personal property subject ta or covered by any prior seeurity agreemen�, conditiona.l sales contract, chattel mortgage ar similar lien or claim, together with the be�efit of any depasits or payments naw or hereafter made by Debtor ar on behalf of Aebtor, all tradenames, trademarks, servicemarks, logos and goodwill 4922922 v1 related ther�to whzcl� in any way naw or hereafter belong ta Debtor and reIate or appertain ta the Premises ox any part thereof or are now or hereafter acquired by Debtor, and aiI inventory, accounts, chattel paper, ciocuments, equipment, fi�ctures, farm produc�s, consumer goods and general intangibles canstituting proceeds acguired witl� cash proeeeds of �y of the property described hereinahove, all of which a.re hereby declared and shail be deemed to be fixtures and aeces�ians to the Land and a part of the Fremi�es as between the parties hereto and all persons claimuig by, through or under th�m, anci which shail be deerned to be a portion of the security far the indebtedness herein des�ribed and to be secured by tktis Instr�me�t• The loca�ion of the abnve described collateral is �sa the location c=the Land. � (c} Au' easeanents, rights of wap, strips and gores af land, �aults, str�ets, ways, �.��s, passages, se�ver rights, waters, water couxses, water rights and powers, mi�zrals; floFvers, shrubs, crops, trees, ti�ber and other emblements naw o�hereaftex located on the Land �r urider,or above the saine or any part ar parC.e1 thereof, and ali estates, rights, titles, interests, privileges, liberties, tene�ents, hereditaments aud appurtenauces, reversion and reversions, remainder and remainders, whatsoever,ia any way belonging,relating or appertaining to t�e Yrernises or any part thereof, or whic�he�reafter shali in any way belong, relate ar be appurtenant thereto,whether now awned or I�ereafter acquired by Debtor. (d) All i.ncome, zents, issues, prof�ts and revennes of' the Premises frozn t��ne to tizne accruing (inciuding without liir�itatzon al� payznents .under Ieases or tena�cies, proce�ds of insurance, eandemnation payments, tenant security deposits whether heid by Debtor ar in a trust account, a�d escrow funds), and a�l the estate, ri�gl�t, title, interest, property, possession, claim ar�d deznand whatsoeeer at law, as well as in equiry, of De�tbr of,in artd to�e same;res�zving pnly ihe right of I7ebtor to collect khe sazx�e so long as Debtox is not itn Default hereunder. {e} A!l of the right, t�tle and 'znter�st of Debtor in and to any award or awards heretofore made or hereafter�o be;rnade by any municipal,eounty,state or federal authoriti�s to the present or auy subsec�uer�t owners of anY of t�e Premises, includirr�, witho�at lirnitaiifln,any awaxd or a�vards, or settlemezzts or payzz�:ents,or other compensation hereafter made resulting fram (x)condezz�nation pzoceedings or the taking of the Land ar the Premises,or any part thereof,under the power of enn.inent domain.,or(y}the alteration of grade or the loca�aon or�iscontinuance of any street adjoi�ixng the Land or any portio�thereof, or{z}any other injury to or decrease in val�ae of the Premises. 4922922 v 1 Sc�edule 1 The Land Lot 1,ARGO�NNOVATION i'AlaK, a subdivisior�iai�e Cfty of Riv�rs�de, Plat�e County, 1�.[isso�ari. and La�2,A�GO�Nlti`O'�ATION P�RK a sub€iivis�on i�a�h��ii-� af Rivex�side,Pl�t�e Countv, ��issolix i �.ESS A:��D EXC:EP7C: ?�1�that p+�rtiou�f said Lot 2 �escribetl��fallov��� Cam.ta�enci�ag at the�c�rt�east corn�r of said La�Z;thence coincident��-�th �he Eas�Iine af said Lat 2,�€,uth OQ°28'SS�est,343.7�feet ta the P�i�t�f lBeginning, thence.conti�uin� aIon�s�d East line, Sauth t!(�°28'�5 V�`est,65e7.5 feet; �henc.e continuing atong saic�East�ine, �orth 65°23'28:' VVes�,376.��feet; thence co���nuinb aloz�g s�icl��st line, South OD°2$'�S" �Vest,41Q.7'7 �eet�� the�outheast corner t�er�af; �hez�ce coincident��vith the �out� line af sa�c�Lat 2,��rt�a �a°22'38" ��,�t,3a"8.3$feet to�he Sauth�est coa-ner tl�ereof; t.hpnee caincidet�t with t�e�Vest 1i�e ai�said Lot?,�ar�h DO°16'1�" East,3G1.46 feet; the�ce c�eparting sa'rd 4�'est line, Sc��th 89°43'3�°' �as��SS.95 fe�t; �hence �ou�h G5°23'28" E�st, ��5.62 feet to t�e Pai�t of Begi�aning. All of the foregoing property now being l�own or described as: Lot l, ARGO INNOVATION PARK 3RD PLAT, a subdivision in the City of Riverside, Platte County, Missouri.