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HomeMy WebLinkAbout1808 Infrastructure Improvement Agreement with KC WFC Training, LLC and ACFC, LLC BILL NO. 2021-051 ORDINANCE NO. / b 0 6 AN ORDINANCE APPROVING AND AUTHORIZING THE CITY OF RIVERSIDE MISSOURI TO ENTER INTO AN INFRASTRUCTURE IMPROVEMENT AGREEMENT AND AUTHORIZING OTHER DOCUMENTS AND ACTIONS RELATED THERETO. WHEREAS, the CITY OF RIVERSIDE, MISSOURI ("City"), and KC WFC TRAINING, LLC, a Kansas limited liability company ("KC WFC") and ACFC, LLC. a Delaware limited liability company (''ACFC"), (KC WFC and ACFC are collectively referred to as the"Developers"), The City, KC WFC and ACFC are collectively referred to as the -Parties", desire to enter into an Infrastructure Improvement Agreement (the "IIA"), attached hereto as Exhibit A. and incorporated herein; and. WHEREAS, Developer and City entered into that certain Development Agreement dated September 17, 2021 (the"Development Agreement") for certain property as described therein (the "Property"); and WHEREAS, Developer intends to execute a Purchase and Sale Agreement for the acquisition and development of Soccer Complex Phase 2. Parcel B (the"Site"). pursuant to Section 3.4(a) of the Development Agreement; and WHEREAS, in order for the Site to be developed, certain public infrastructure improvements to serve the Soccer Complex Development must be constructed and/or installed. including but not limited to: the construction of public streets, landscaping/streetscaping, public park amenities, and parking lots (collectively referred to as the "Infrastructure Improvements") all of which shall be constructed in accordance with the"Municipal Code of the City of Riverside, Missouri" ("Code"); and WHEREAS, the IIA will be entered into by the parties in order to define the Infrastructure Improvements to be built and the funding sources of the construction for such Infrastructure Improvements; and WHEREAS, City Staff recommend that it is in the best interest of the health, safety and welfare of the citizens and business of the City for the City to enter into the IIA; and WHEREAS, the City's Purchasing Agent pursuant to Section 135.020 of the Code, recommends pursuant to Section 135.070(B) of the Code, to the extent the Bidding Procedure for Construction Projects is required for that portion of the IIA for which Developers are responsible to design. construct and fund, that it is in the best interest of the City to enter in the I IA without utilizing the Bidding Procedure for Construction Projects codified in Section 135.090 of the Code for that portion of the IIA for which Developers are responsible to design. construct and fund; and WHEREAS, the Board of Aldermen find that the IIA, attached hereto as Exhibit A, and incorporated herein. recommended by City Staff and agreed to by the Developers. fulfills a public purpose and will further the growth of the City, facilitate the development of Riverside, improve the environment of the City, increase the assessed valuation of the real estate situated within the City, increase the sales tax revenues realized by the City, foster increased economic activity within the City, increase employment opportunities within the City, enable the City to direct the development of the Redevelopment Area, and otherwise be in the best interests of the City by furthering the health, safety, and welfare of its residents and taxpayers; and, has authorized the City to enter into this IIA with the Developers: and WHEREAS, the Board of Aldermen, based upon such recommendation of the City's Purchasing Agent,find and determine pursuant to Section 135.070(B)of the Code,to the extent the Bidding Procedure for Construction Projects is required for that portion of the IIA for which Developers are responsible to design, construct and fund, that it is in the best interest of the City to enter into and execute the IIA without utilizing the Bidding Procedure for Construction Projects codified in Section 135.090 of the Code for that portion of the IIA for which Developers are responsible to design, construct and fund. NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN AS FOLLOWS: SECTION 1 —APPROVAL OF THE IIA. The IIA is found to be in the best interests of the City and the orderly and lawful economic development of the City and is hereby approved in substantially the form as Exhibit A, attached hereto and incorporated herein. Section 2.—WAIVER ISSUED. The Board of Aldermen, based upon such recommendation of the City's Purchasing Agent, find and determine pursuant to Section 135.070(B) of the Code, to the extent the Bidding Procedure for Construction Projects is required for that portion of the IIA for which Developers are responsible to design, construct and fund,that it is in the best interest of the City to enter into the IIA without utilizing the Bidding Procedure for Construction Projects codified in Section 135.090 of the Code for that portion of the IIA for which Developers are responsible to design, construct and fund. SECTION 3—AUTHORITY GRANTED. The Mayor is authorized to execute and deliver the HA in substantially the form attached hereto as Exhibit A. The Mayor,the City Administrator, and other appropriate officers, agents and employees of the City are hereby authorized to take such further actions and execute such other documents as may be necessary or desirable to carry out and comply with the intent of this Ordinance, and to carry out, comply with and perform the duties of the City with respect to the HA. SECTION 4—EFFECTIVE DATE. This Ordinance shall be in full force and effect upon and after its passage and approval. 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 191"day of October 2021. . Kah�nL. Rose, Mayor T:', Robin Kincaid, ity Clerk " ' - Approved as to form: SSenr Fane LLP, Spec(atiounsel to the City by Joe Bednar 2 JC 17503401 1 Recorded in Platte County,Missouri Recording Date/Time:10/25/2021 at 08:10:03 AM Instr Number: 2021020175 oPQER OF0FF Book: 1367 Page: 428 o_ Type: DE AGMT , Pages: 14 = • '�- o • Fee: $63.00 S °ouNTv,‘I;,`" Gloria Boyer Electronically Recorded Recorder of Deeds COVER PAGE FOR RECORDING 1. Title of Document: Infrastructure Improvement Agreement 2. Date of Document: October 22,2021 3. Grantor Name and Address: CITY OF RIVERSIDE,MISSOURI 2950 NW Vivion Road Riverside,Missouri 64150 4. Grantee Name and Address: KC WFC,LLC Attn: Amber Cox 9120 Nieman Road Overland Park, KS 66214 ACFC, LLC Attn: Amber Cox 9120 Nieman Road Overland Park, KS 66214 5. Legal Description/Address: See attached Exhibit A 6. Book and Page Reference: N/A Coffelt Land Title, Inc. 9574 N. McGee Ave. Kansas City,MO 64155 7.,1 052-'4 9t, 1 Execution Version INFRASTRUCTURE IMPROVEMENT AGREEMENT THIS INFRASTRUCTURE IMPROVEMENT AGREEMENT("Agreement")is voluntarily made and entered into this i9 day of October, 2021, by and between the CITY OF RIVERSIDE, MISSOURI,a city and political subdivision duly organized and existing under the Constitution and laws of the State of Missouri("City"),and KC WFC TRAINING,LLC,a Kansas limited liability company and ACFC,LLC,a Delaware limited liability company(collectively,"Developer"). RECITALS WHEREAS, Developer and City entered into that certain Development Agreement dated September 17, 2021 (the "Development Agreement") for certain property as described therein and described on Exhibit A attached hereto(the"Property");and WHEREAS, Developer is currently developing Soccer Complex Phase 2, Parcel B (the "Site"), pursuant to Section 3.4(a)of the Development Agreement a form of which this Agreement is attached;and WHEREAS, in order for the Site to be developed, certain public infrastructure improvements to serve the Soccer Complex Development within or adjacent to the project area must be constructed and/or installed,including but not limited to: the construction of public streets, landscaping/streetscaping,public park amenities and parking lots (collectively referred to as the"Infrastructure Improvements")all of which 00 shall be constructed in accordance with the "Municipal Code of the City of Riverside, Missouri" (the "Code");and a, WHEREAS, the Street Infrastructure Construction, as that term is defined in Article IV of the Development Agreement,is a portion of the Infrastructure Improvements intended to be connected tcrstreet system(s) owned and maintained bythe Cityand are to the City's acceptance of such public subjecth'' eP P Infrastructure Improvements;and w WHEREAS,the parties will construct the Street Infrastructure Construction and the Infrastructure Improvements in compliance with state and federal law,and the Code;and WHEREAS, the City may require Developer to (i) provide sufficient security to guarantee the satisfactory construction of the Infrastructure Improvements pursuant to Section 400.790.A of the Code, and Section 89.410 RSMo,as amended,and shall be satisfactory to the City Attorney as to form,sufficiency and manner of execution, and should Developer fail to provide such security, the City may take any reasonable action regarding commencement of construction of the Infrastructure Improvements including delaying or denying approval,and(ii)require its contractor to provide a maintenance bond for a period of two(2)years in sufficient amount to secure the City against defects in workmanship and materials related to the construction of the Infrastructure Improvements and to ensure that the contractor will remedy any such defects occurring within such period pursuant to Section 490.790.A7 of the Code;and WHEREAS,the City and Developer acknowledge that additional Infrastructure Improvements not specifically described in this Agreement may be required prior to the development of the future developed parcels on the Property("Future Improvements");and WHEREAS the City has an obligation to fund and construct certain Infrastructure Improvements as provided for in this Agreement. COVENANTS AND AGREEMENTS: NOW, THEREFORE, in consideration of the foregoing recitals, mutual covenants and promises set forth below,the receipt and sufficiency of which are mutually acknowledged, the City and Developer hereby agree to this Agreement as follows: A. RECITALS,EXHIBITS AND DEFINITIONS a. Recitals. The Recitals set forth above in this Agreement are incorporated into and made a part of this Agreement as if fully set forth in this Section a. b. Exhibits. The Exhibits to this Agreement arc incorporated into and made a part of this Agreement as if fully set forth in this Section b. c. Infrastructure Improvements and Future Improvements. For the purposes of this Agreement,the terms"Infrastructure Improvements"and"Future Improvements"shall include any temporary improvements that may be necessary for construction of the various improvements. B. INFRASTRUCTURE IMPROVEMENTS. All of the following Infrastructure Improvements, including labor,materials,and equipment necessary for construction, shall be paid as described herein. 1. PUBLIC STREETS. a. Developer Street Infrastructure Construction. The Developer, at its sole cost and expense without reimbursement by the City, shall • design, construct and install the following Infrastructure Improvements, as G) described more fully below and in accordance with the standards and requirements of the Code. Upon dedication and acceptance,maintenance of the Infrastructure 00 Improvements shall be the responsibility of the City, which shall include but not be limited to snow removal, sweeping,striping and repairs. i. Construction of Water Street, a 2 lane, 28-foot-wide public street including curb and gutter from the northwestern corner of Parcel A to the northeastern corner of Parcel B, a distance of approximately 2,270 linear feet as depicted and described on Exhibit B(from Station 11 + 50 to Station 36 4- 00) and in the approved Final Development Plan; and construction of a sidewalk on the south side of Water Street. ii. Construction of ROAD NAME, a 2 lane, 24-foot-wide public street from the northeastern corner of Parcel B to the southeastern corner of Parcel B, a distance of approximately 450 linear feet as depicted and described on Exhibit B and in the approved Final Development Plan. The public streets portion of the Infrastructure Improvements include certain public streets which may be installed and constructed ("Street Infrastructure Construction") by Developer, at the time of construction of the Vertical Improvements (as defined in the Development Agreement) of Parcel(s) B, solely at Developer's expense, in accordance with the Code, and as planned and depicted in construction plans to be submitted to and approved by the City Engineer fifteen (15) days prior to the start of construction of the Infrastructure Improvements. The real property upon which thc Street Infrastructure Construction by Developer shall occur shall not be included in the calculation of the final purchase price for the property being purchased for that particular Soccer Phase. Upon Developer's completion of Street Infrastructure Construction, and subject to a finding by the City after inspection of the Street Infrastructure Construction of compliance with the Code,the City shall accept and maintain such streets that are in accordance with the Code. b. City Street Infrastructure Construction. The City, at its sole expense, shall design, construct and install the following Infrastructure Improvements, as described more fully below and in accordance with the standards and requirements of the Code. Maintenance of the Infrastructure Improvements shall be the responsibility of the City,which shall include but not be limited to snow removal,sweeping,striping and repairs. i. Extension of ROAD NAME, a 2 lane, 24-foot-wide public street from the terminus of the current paved surface to the northwestern corner of Parcel A,a distance CO of approximately 100 linear feet as depicted and described on Exhibit B(from Station 10 .f 00 to Stationen 11 t 50). c. Vehicular Access Points. The City shall design, construct, establish and/or create solely at the City's expense, one Vehicular Access Point ("VAP"), as provided for the design and construction plans, attached hereto as co Exhibit B, and incorporated herein, or as available at the office of the City engineer, no later than the completion of construction of the Vertical Improvements of the Site by the Developer or as otherwise agreed to in writing by the Parties. 2.LANDSCAPING/STREETSCAPING. The City shall,solely at the City's cost,install native trees of a minimum of 1.5"caliper or fifteen gallon container every forty(40) feet within the right of way or drainage area north of Lots 1 and 2 of the Riverside Soccer subdivision to shield site from warehouses as provided for in the design and construction plans, attached hereto as Exhibit C, and incorporated herein, to be completed simultaneously with, or no later than the completion of construction of the Vertical Improvements of the Site by the Developer. 3.WATER.The City shall drain any water located on the Site for Developer grading. C. NO CITY LIABILITY. The City shall have no obligation to authorize any change order requested by a contractor and/or subcontractor related to the Street Infrastructure Construction. IN NO EVENT SHALL THE CITY INCUR ANY LIABILITY TO DEVELOPER FOR ANY DIRECT OR CONSEQUENTIAL DAMAGES ARISING FROM OR RELATED TO THE STREET INFRASTRUCTURE CONSTRUCTION. THE CITY SHALL IN NO EVENT BE LIABLE TO THE DEVELOPER FOR ANY INDIRECT, ECONOMIC, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL LOSS INCLUDING, WITHOUT LIMITATION, LOSS OF PROFIT, LOSS OF INCOME,LOSS OF GOODWILL,LOSS OF ANTICIPATED SAVINGS, LOSS OF REVENUE,LOSS OF A COMMERCIAL OPPORTUNITY OR CONTRACT,WHETHER OR NOT THE CITY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LOSS. D. OTHER INFRASTRUCTURE IMPROVEMENTS. City shall deliver utility services including water,sewer and electric to the boundary line of Parcel A(as depicted on Exhibit A),but further service extensions shall be completed by Developer at the Developer's expense. E.FUTURE INFRASTRUCTURE IMPROVEMENTS.The City and Developer acknowledge that the City has no obligation to provide any Future Improvements that may be required for the development of future parcels to be developed other than those Infrastructure Improvements refereed herein. F.GENERAL TERMS AND CONDITIONS E. Indemnification. (a) The Developer shall pay and indemnify and save the City and its governing body members, directors, officers, employees and agents harmless from and against all loss, liability, damage, demand, expense, penalty, claims for liquidated and/or consequential damages, or fine arising out of Developer's actions or the actions of Developer's directors, officers, employees, agents and contractors involving the design, construction and completion of the Street co Infrastructure Construction or as a result of any breach,default or failure to perform by Developer under this Agreement. The Developer shall also pay and indemnify and save the City and its governing body members,directors,officers,employees and agents harmless of,from and against, rn all costs, reasonable counsel fees, expenses and liabilities incurred by thcm in any action or proceeding brought by reason of any such claim,demand,expense,penalty or fine. If any action or proceeding is brought against the City or its governing board members, directors, officers, employees or agents by reason of any such claim or demand,the Developer,upon notice from the co City, covenants to resist and defend such action or proceeding on demand of the City or its governing body members, directors, officers, employees or agents. Nothing in this section shall constitute a waiver of governmental or officers immunity of the City or its officers or employees. 2. Dedication of Street Infrastructure Construction. The City will only accept the Street Infrastructure Construction for dedication following construction after verifying that all such Public Infrastructure Improvements have been constructed to the Code and that all the requirements of this Agreement have been met. a. Construction Approval. The Street Infrastructure Construction must be inspected by the City prior to acceptance for dedication. b. Title to Street Infrastructure Construction. Title to, and ownership of, all property upon which the Street Infrastructure Construction is constructed by Developer according to this Agreement is and shall remain vested absolutely in the City. 3.Effect of Agreement,Assignment, Modification,Further Assurances a. Binding Effect of Agreement.This Agreement shall run with the land included within the Site and shall inure to the benefit of and be binding upon the successors and assigns of the parties hereto. b. Transfer of Title or Assignment. Transfer of title or Assignment of this Agreement shall be governed by the Development Agreement. c. Modification and Waiver. No modification of the terms of this Agreement shall be valid unless in writing and executed with the same formality as this Agreement,and no waiver of the breach of the provisions of any section of this Agreement shall be construed as a waiver of any subsequent breach of the same section or any other sections which are contained herein. d. Further Assurances. The parties agree to execute such other further documents as may be necessary to effectuate the purposes of this Agreement or that may be required by law. [signature page follows] CO G) 41. co Acknowledged and agreed: HORIZONS BUSINESS PARK ASSOCIATION,INC.,a not-for profit Missouri corporation, By: CITY OF RIVERSIDE,MISSOURI (pursuant to authority granted by Section 3.07 of the D laration) By: t.1• 0-4/d41?ite-t._, Kath een L. Rose, Mayor (SEAL). _ - Attest: k�k�.�v Robin Kincaid,City Clerk 03 w STATE OF MISSOURI ) °� )SS. COUNTY OF PLATTE ) On this /VA day of October, 2021, before me appeared Kathleen L. Rose,to me personally known, oo who, being by me duly sworn,did say that she is the Mayor of the CITY OF RIVERSIDE, MISSOURI,a political subdivision of the State of Missouri, which has authority to acknowledge and agree to this Partial Release on behalf of the Association pursuant to Section 3.07 of the Declaration,and that the seal affixed to the foregoing instrument is the seal of said City,and said instrument was signed and sealed in behalf of the Association,by City by authority of its Board of Aldermen,and said individual acknowledged said instrument to be the free act and deed of said Association IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County and State aforesaid,the day and year first above written. -� Notary Public My Commission Expires: yU 6t4 c-11 ¶ �3 ;20 •••PUS•, ROBIN L.lONCAID . NOTARY ': MY Commission FurpireS ' •.• " March 8 2023 SEAL Clinton County p,, Commission 015390631 Page 5 JC 17503250.1 "DEVELOPER" KC WFC Training, LLC,a Kansas limited liability co 4; y: Name: ' • TitIe: :K:'"f: rillr..ir:T'! IFI a STATE OF KANSAS ) )SS. COUNTY OF 04. ) f On this ` - I day of 04 ,2021,before me no-. 1,i ; ' 1L to me personally known,who,being by me duly sworn,did say that she is the , r a .. -� '� , _ r KC WFC Training,LLC,a Kansas limited liability company,and that she is authorized to sign" e i 'uument on behalf of said company by authority of its members,and acknowledged to me that she executed the within instrument as said company's free act and deed. CO IN TESTIMONY WHEREOF,I have hereunto set my hand • affixed my official seal in the County X and State aforesaid,the day and year first above written. O '!t,, J. en `', .ry • , C G) My �� . CommissionQQ Ex�pires: 02 NOTARY PUBLIC•State of Karsas —,►,— STAGY RENEE BRICE .4 ,*.— My APO.Ekp♦rse�+ _ r HA "DEVELOPER" ACFC, LLC,a Delaware limited liability company.-fir"�'�- e. _, $y: Name: 4 . ;1 itic: 4M 1 ��+ T STATE OF KANSAS ) )SS. COUNTY OF 3'4105 0 ) On this t61 day of °OVAL ,202l,before me appeared 1I 4 ..i; ,to Mt personally known,who,being by me duly sworn,did say that she is the ;, ,,. ,►_:!t{!!'Rf' .f ACFC, LLC,a Delaware limited liability company,and that she is authorized to sign the' ru . nt on behalf of said company by authority of its members,and acknowledged to me that she executed the within instrument as said company's free act and deed. IN TESTIMONY WHEREOF,I have hereunto set my han• :nd affix my official seal in the County CO and State aforesaid,the day and year first above written. rr if I, cr.) ' otary ' blic r' 0 My Commission Expires: A D3-o1+ cf N idQT/ti?Y PUBLIC-State of KseEl 00 gr/4Y RENEE BRi E Execution Version EXHIBIT A Legal Description Lot 2,Riverside Soccer,a subdivision in the City of Riverside,Platte County,Missouri,according to the recorded plat thereof. en 0 oo EXHIBIT B Infrastructure Plan [See attached.] 07 w en C) A CO � ` PRZPITYCPOrreLlit UNIE.4121 AC. 1 _ (' -,-? )) - > n Lsi O.FACE ii _ or euse-zss Ac r ' i!' 40% 17 ,10EI 8:4"... 11/... ralfl I '1111..\-- .... /- ...1- _ W J i y 1`I. i 71 ^^ I PNOV[RIBTY t![ TO rA K.)1 of CUro.67 A. / 00 1 PROPERTY L«E / . t .wamor.. , ' .,! ` LEGEhD N aTY—RESPONsleLE STREET DEVELOPER—REWONSSLE STREET Sous 1•-40a (n!e(w-C4Y ENyAE?motEMr! PROJECT NO 0Q+ T44 PoYERSIDE SOCLER vami let,or�wwer �. RIVERSIDE.MO '�'s.w�y.,. Chlan OwTE. iatanu2+ EXHIBIT A Ra„�.;s,:.n EXHIBIT C Landscaping Plan [See attached.] DI CO G) N CO • - • -- / , I (to/77.77,,...._ I' '''\-.7-_,,, ' _ "fA,. -'`--, ---',....7,......, ini, ,: ____./.,,„, ! ,4/i, '--.-..,, J '-''''-..„4iii..........:.-- 4- :..,/,.....L.::::;::/ '''.1.):://:i'l ,;._::-,,..;/41 r_Pf tifal--.1,-11 ')',: --_.--:::-7...'''•-•:".i.11-'-- CO 4. ,' ,/ { 'SACI .�..r N 1\\\. ""'"." . 7 PMea a -�-", I r`" ,�^ 1 "fix'•" I ,/ ' 1 0 .5 1 2 "Trees to be planted by the City of Riverside will be a minimum Legend _me • mom of 1 5"caliper or 15 gallon container spaced a minimum of every 300 0 1 SO MI11111. 600 fO withn the right of way or drainage area north of Parcels A&8 o Proposed Trees of the Riverside Soccer subdivision. SCALE 1" = 300' EXHIBIT A INFRASTRUCTURE IMPROVEMENT AGREEMENT 3 JC 17503401.1 INFRASTRUCTURE IMPROVEMENT AGREEMENT THIS INFRASTRUCTURE IMPROVEMENT AGREEMENT("Agreement")is voluntarily made and entered into this day of October, 2021, by and between the CITY OF RIVERSIDE, MISSOURI, a city and political subdivision duly organized and existing under the Constitution and laws of the State of Missouri("City"),and KC WFC TRAINING, LLC, a Kansas limited liability company and ACFC, LLC, a Delaware limited liability company(collectively, "Developer"). RECITALS WHEREAS, Developer and City entered into that certain Development Agreement dated September 17, 2021 (the "Development Agreement") for certain property as described therein and described on Exhibit A attached hereto(the"Property");and WHEREAS, Developer is currently developing Soccer Complex Phase 2, Parcel B (the "Site"), pursuant to Section 3.4(a)of the Development Agreement a form of which this Agreement is attached;and WHEREAS, in order for the Site to be developed, certain public infrastructure improvements to serve the Soccer Complex Development within or adjacent to the project area must be constructed and/or installed, including but not limited to: the construction of public streets, landscaping/streetscaping, public park amenities and parking lots (collectively referred to as the"Infrastructure Improvements")all of which shall be constructed in accordance with the "Municipal Code of the City of Riverside, Missouri" (the "Code");and WHEREAS, the Street Infrastructure Construction, as that term is defined in Article IV of the Development Agreement,is a portion of the Infrastructure Improvements intended to be connected to street system(s) owned and maintained by the City and are subject to the City's acceptance of such public Infrastructure Improvements; and WHEREAS,the parties will construct the Street Infrastructure Construction and the Infrastructure Improvements in compliance with state and federal law,and the Code; and WHEREAS, the City may require Developer to (i) provide sufficient security to guarantee the satisfactory construction of the Infrastructure Improvements pursuant to Section 400.790.A of the Code, and Section 89.410 RSMo,as amended,and shall be satisfactory to the City Attorney as to form,sufficiency and manner of execution, and should Developer fail to provide such security, the City may take any reasonable action regarding commencement of construction of the Infrastructure Improvements including delaying or denying approval, and(ii)require its contractor to provide a maintenance bond for a period of two(2)years in sufficient amount to secure the City against defects in workmanship and materials related to the construction of the Infrastructure Improvements and to ensure that the contractor will remedy any such defects occurring within such period pursuant to Section 490.790.A7 of the Code; and WHEREAS,the City and Developer acknowledge that additional Infrastructure Improvements not specifically described in this Agreement may be required prior to the development of the future developed parcels on the Property("Future Improvements");and WHEREAS the City has an obligation to fund and construct certain Infrastructure Improvements as provided for in this Agreement. COVENANTS AND AGREEMENTS: NOW, THEREFORE, in consideration of the foregoing recitals, mutual covenants and promises set forth below, the receipt and sufficiency of which are mutually acknowledged, the City and Developer hereby agree to this Agreement as follows: A. RECITALS,EXHIBITS AND DEFINITIONS a. Recitals. The Recitals set forth above in this Agreement are incorporated into and made a part of this Agreement as if fully set forth in this Section a. b. Exhibits. The Exhibits to this Agreement are incorporated into and made a part of this Agreement as if fully set forth in this Section b. c. Infrastructure Improvements and Future Improvements. For the purposes of this Agreement,the terms"Infrastructure Improvements"and"Future Improvements"shall include any temporary improvements that may be necessary for construction of the various improvements. B. INFRASTRUCTURE IMPROVEMENTS. All of the following Infrastructure Improvements, including labor, materials, and equipment necessary for construction, shall be paid as described herein.' 1. PUBLIC STREETS. a. Developer Street Infrastructure Construction. The Developer, at its sole cost and expense without reimbursement by the City, shall design, construct and install the following Infrastructure Improvements, as described more fully below and in accordance with the standards and requirements of the Code. Upon dedication and acceptance, maintenance of the Infrastructure Improvements shall be the responsibility of the City, which shall include but not be limited to snow removal, sweeping, striping and repairs. i. Construction of Water Street, a 2 lane, 28-foot-wide public street including curb and gutter from the northwestern corner of Parcel A to the northeastern corner of Parcel B, a distance of approximately 2,270 linear feet as depicted and described on Exhibit B(from Station 11 + 50 to Station 36 + 00) and in the approved Final Development Plan; and construction of a sidewalk on the south side of Water Street. ii. Construction of ROAD NAME, a 2 lane, 24-foot-wide public street from the northeastern corner of Parcel B to the southeastern corner of Parcel B, a distance of approximately 450 linear feet as depicted and described on Exhibit B and in the approved Final Development Plan. The public streets portion of the Infrastructure Improvements include certain public streets which may be installed and constructed ("Street 'NTD: Parties to include description of infrastructure for applicable phase. 6"="6""JC 17503295.2"""JC 17503295.2 Infrastructure Construction") by Developer, at the time of construction of the Vertical Improvements (as defined in the Development Agreement) of Parcel(s) B, solely at Developer's expense, in accordance with the Code, and as planned and depicted in construction plans to be submitted to and approved by the City Engineer fifteen (15) days prior to the start of construction of the Infrastructure Improvements. The real property upon which the Street Infrastructure Construction by Developer shall occur shall not be included in the calculation of the final purchase price for the property being purchased for that particular Soccer Phase. Upon Developer's completion of Street Infrastructure Construction, and subject to a finding by the City after inspection of the Street Infrastructure Construction of compliance with the Code,the City shall accept and maintain such streets that are in accordance with the Code. b. City Street Infrastructure Construction. The City, at its sole expense, shall design, construct and install the following Infrastructure Improvements, as described more fully below and in accordance with the standards and requirements of the Code. Maintenance of the Infrastructure Improvements shall be the responsibility of the City, which shall include but not be limited to snow removal, sweeping, striping and repairs. i. Extension of ROAD NAME, a 2 lane, 24-foot-wide public street from the terminus of the current paved surface to the northwestern corner of Parcel A,a distance of approximately 100 linear feet as depicted and described on Exhibit B (from Station 10 + 00 to Station 11 + 50). c. Vehicular Access Points. The City shall design, construct, establish and/or create solely at the City's expense, one Vehicular Access Point ("VAP"), as provided for the design and construction plans, attached hereto as Exhibit B, and incorporated herein, or as available at the office of the City engineer, no later than the completion of construction of the Vertical Improvements of the Site by the Developer or as otherwise agreed to in writing by the Parties. 2.LANDSCAPING/STREETSCAPING. The City shall,solely at the City's cost,install native trees of a minimum of 1.5" caliper or fifteen gallon container every forty (40) feet within the right of way or drainage area north of Lots 1 and 2 of the Riverside Soccer subdivision to shield site from warehouses as provided for in the design and construction plans, attached hereto as Exhibit C, and incorporated herein, to be completed simultaneously with, or no later than the completion of construction of the Vertical Improvements of the Site by the Developer. 3. WATER. The City shall drain any water located on the Site for Developer grading. C. NO CITY LIABILITY. The City shall have no obligation to authorize any change order requested by a contractor and/or subcontractor related to the Street Infrastructure Construction. IN NO EVENT SHALL THE CITY INCUR ANY LIABILITY TO DEVELOPER FOR ANY DIRECT OR CONSEQUENTIAL DAMAGES ARISING FROM OR RELATED TO THE STREET INFRASTRUCTURE CONSTRUCTION. THE CITY SHALL IN NO EVENT BE LIABLE TO THE DEVELOPER FOR ANY INDIRECT, ECONOMIC, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL LOSS INCLUDING, WITHOUT LIMITATION, LOSS OF PROFIT, LOSS OF 6"="6""JC 17503295.2"""JC 17503295.2 INCOME, LOSS OF GOODWILL, LOSS OF ANTICIPATED SAVINGS, LOSS OF REVENUE, LOSS OF A COMMERCIAL OPPORTUNITY OR CONTRACT,WHETHER OR NOT THE CITY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LOSS. D. OTHER INFRASTRUCTURE IMPROVEMENTS. City shall deliver utility services including water, sewer and electric to the boundary line of Parcel A (as depicted on Exhibit A), but further service extensions shall be completed by Developer at the Developer's expense. E.FUTURE INFRASTRUCTURE IMPROVEMENTS. The City and Developer acknowledge that the City has no obligation to provide any Future Improvements that may be required for the development of future parcels to be developed other than those Infrastructure Improvements refereed herein. F. GENERAL TERMS AND CONDITIONS 1. Indemnification. (a) The Developer shall pay and indemnify and save the City and its governing body members, directors, officers, employees and agents harmless from and against all loss, liability, damage, demand, expense, penalty, claims for liquidated and/or consequential damages, or fine arising out of Developer's actions or the actions of Developer's directors, officers, employees, agents and contractors involving the design, construction and completion of the Street Infrastructure Construction or as a result of any breach,default or failure to perform by Developer under this Agreement. The Developer shall also pay and indemnify and save the City and its governing body members,directors,officers,employees and agents harmless of,from and against, all costs, reasonable counsel fees, expenses and liabilities incurred by them in any action or proceeding brought by reason of any such claim, demand, expense, penalty or fine. If any action or proceeding is brought against the City or its governing board members, directors, officers, employees or agents by reason of any such claim or demand,the Developer, upon notice from the City, covenants to resist and defend such action or proceeding on demand of the City or its governing body members, directors, officers, employees or agents. Nothing in this section shall constitute a waiver of governmental or officers immunity of the City or its officers or employees. 2. Dedication of Street Infrastructure Construction. The City will only accept the Street Infrastructure Construction for dedication following construction after verifying that all such Public Infrastructure Improvements have been constructed to the Code and that all the requirements of this Agreement have been met. a. Construction Approval. The Street Infrastructure Construction must be inspected by the City prior to acceptance for dedication. b. Title to Street Infrastructure Construction. Title to, and ownership of, all property upon which the Street Infrastructure Construction is constructed by Developer according to this Agreement is and shall remain vested absolutely in the City. 3.Effect of Agreement,Assignment,Modification,Further Assurances a. Binding Effect of Agreement. This Agreement shall run with the land included within the Site and shall inure to the benefit of and be binding upon the successors and assigns of the parties hereto. 6"="6""JC 17503295.2"""JC 17503295.2 b. Transfer of Title or Assignment. Transfer of title or Assignment of this Agreement shall be governed by the Development Agreement. c. Modification and Waiver. No modification of the terms of this Agreement shall be valid unless in writing and executed with the same formality as this Agreement,and no waiver of the breach of the provisions of any section of this Agreement shall be construed as a waiver of any subsequent breach of the same section or any other sections which are contained herein. d. Further Assurances. The parties agree to execute such other further documents as may be necessary to effectuate the purposes of this Agreement or that may be required by law. [signature page follows] 6"="6""JC 17503295.2"""JC 17503295.2 IN WITNESS WHEREOF,the parties have signed this Infrastructure Improvement Agreement as of the date set forth above. "CITY" CITY OF RIVERSIDE,MISSOURI By: Kathleen L. Rose,Mayor (SEAL) Attest: Robin Kincaid, City Clerk STATE OF MISSOURI ) )SS. COUNTY OF PLATTE ) On this day of ,2021,before me appeared Kathleen L. Rose,to me personally known,who,being by me duly sworn,did say that she is the Mayor of the CITY OF RIVERSIDE, MISSOURI, a political subdivision of the State of Missouri, and that the seal affixed to the foregoing instrument is the seal of said City,and said instrument was signed and sealed in behalf of said City by authority of its Board of Aldermen, and said individual acknowledged said instrument to be the free act and deed of said City. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County and State aforesaid,the day and year first above written. Notary Public My Commission Expires: 6"="6""JC 17503295.2"""JC 17503295.2 "DEVELOPER" KC WFC Training, LLC, a Kansas limited liability company: By: Name: Title: STATE OF MISSOURI ) ) SS. COUNTY OF ) On this day of , 2021,before me appeared ,to me personally known,who,being by me duly sworn,did say that he is the of KC WFC Training, LLC, a Kansas limited liability company, and that he is authorized to sign the instrument on behalf of said company by authority of its members, and acknowledged to me that he executed the within instrument as said company's free act and deed. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County and State aforesaid,the day and year first above written. Notary Public My Commission Expires: 6"="6""JC 17503295.2"""JC 17503295.2 "DEVELOPER" ACFC, LLC,a Delaware limited liability company: By: Name: Title: STATE OF MISSOURI ) ) SS. COUNTY OF ) On this day of ,2021,before me appeared ,to me personally known,who,being by me duly sworn, did say that he is the of ACFC, LLC,a Delaware limited liability company,and that he is authorized to sign the instrument on behalf of said company by authority of its members,and acknowledged to me that he executed the within instrument as said company's free act and deed. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County and State aforesaid,the day and year first above written. Notary Public My Commission Expires: 6"="6""JC 17503295.2"""JC 17503295.2 EXHIBIT A Legal Description EXHIBIT B Infrastructure Plan 6"="6""JC 17503295.2"""JC 17503295.2 / '''-' . ,----:: ... " I - �. l " �. / 1 �. . TO DER UNE ot. i uE=0-28 AC. !.` `, . w— �..,_ - - PpOPEJtTY LPL TO F •,f . OF 2.58 AC. of A 4t, 14, / ..,., 4 4. 7. \-- .„3,...;...._ , _......... i ,� " I { \ 7 \ PROPERTY UNE TO FALL 0 \ ' I / / OF CURS=0.67 AC. / t 1 / 1 Q§ w I i PROPERTY uNE Jh-----16felits=k-_,rf ilir I `L. P-. i•' . FACE _-- Yam. 1.38 #e • " JaStE flik it i LEGEND I! N CITY-RESPONSIBLE STREET !4 J of 1 DEVELOPER—RESPONSIBLE STREET ar.A E.1. . OLSSON-CM EMQwEHrf3 M49CADtl CERT IFEATE Of ALPW-firt4*t':L PROJECT NO: 012146141 RIVERSIDE SOCCER Ex►isir DRAWN BY AA RV *Aft ERSIDE.MO A Qo sm.,�1{�sY Ch.1/J/iR i6¢al.. 1..n A GATE. 10f1172D21 EXHIBIT A 6"="6""JC 17503295.2"""JC 17503295.2 EXHIBIT C Landscaping Plan 6"="6""JC 17503295.2"""JC 17503295.2