HomeMy WebLinkAboutSDP000000279 Agreements 1986-04-18 t
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JOHN B. MOORE, BUILDER
ROUTE 10, BOX 10
CHARLOTTESVILLE, VA. 22901
PHONE (504) 9T1-8503
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April 14, 1986
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Mr. Ron Keeler
Chief of Planning Division
Albemarle County
401 McIntire Road
Charlottesville, Virginia 22901
Re: "Pinehaven" Rio Road Owner: J. H. Moore
Dear Mr. Keeler:
With reference to "Pinehaven" , the owner wishes to construct another duplex
on the property under a bonus plan. Please find attached an Agreement between the
Omer and The County of Albemarle concerning the bonus plan under Section 16.4.3
of the Albemarle County Code. I have submitted this Agreement to Mr. Fred Payne,
Assistant County Attorney, and he has approved it. I have since applied for a
building permit.
If you should have any questions, please let me know.
Sincerely,
JOHN B. MOORE, BUILDER
JBM/sbs
enclosure
THIS AGREEMENT, made and entered into this 14th day of April,
1986, by and between JEROME H. MOORE, party of the first part, and the COUNTY OF
ALBEMARLE, VIRGINIA, party of the second part,
WITNESSETH :
WHEREAS, Jerome H. Moore is the owner of certain real estate in the
County of Albemarle, Virginia known as Pinehaven located on Rio Road and
shown on Tax Map Sheet 62A1-02 as Parcel 7; and
WHEREAS, Jerome H. Moore desires to obtain from the County of
Albemarle, Virginia, a density increase of 30% for the development of said
property pursuant to Section 16.4.3 of the Albemarle County Code;
NOW THEREFORE, Jerome H. Moore agrees as follows:
a) At least 30% of the number of units achievable under gross
density-standard level shall be and have been developed as' low or moderate
cost units; and
b) The initial sale price for sale units or the rental rate for a
period of five (5) years from the date hereof for rental units shall qualify
as low or moderate cost housing under either the Virginia Housing Development
Authority, Farmer's Home Administration or Housing and Urban Development,
Section 8; and
c) The rental rates of the low or moderate cost units for a period
of five (5) years or until the units are sold as low or moderate cost units,
whichever comes first, shall be restricted to $415.00 per month for a two (2)
bedroom unit with such increases from time to time as shall be agreed upon by
the County of Albemarle
This Agreement shall not be effective until such time as a building
permit is issued for the construction of an additional duplex unit on said
property.
WITNESS the following signatures and seals:
COUNTY OF ALBEMARLE
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B ;de ILA _(SEAL)
-11170104-e---- (S EAL)
J'rdme H. Moore