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Home My WebLink AboutCOBBLESTONE SHORES - Filed DA-DEVELOPMENT AGREEMENT - 2003-07-31SUBDIVISIGI AGREE ENT (4', _ THIS AGR=4T is made and entered into this 14( day of A.D. 19J, by and between THE CITY OF FORT COLLINS, COLORADO), a municipal corporation, hereinafter sometimes designated as the "City", and _ Lake Sherwood Venture, A Joint Venture hereinafter designated as the "Developer", WITNESSEPH: - WHEREAS, Developer is the owner of certain ;property situate in the County of Larimer and State of Colorado and legally described as follows: COBBLESTojVE SHORE", situate in the Northeast 1/4 of Section 30, Township 7 North, Range 68 West of the Sixth P.M., City of Fort Collins. f WHEREAS, Developer desires to develop said property as a residential subdiv ion and has submitted to the City a subdivision plat (and a site plan of said property is to be developed as a Planned Unit Development), a copy of i,lhich is on file in the Office of the City Engineer and by this reference made a part hereof; and WHEREAS, Developer has further submitted to the City a utility plan for said lands, a copy of which is on file in the Office of the City Engineer and by this reference made a part hereof; and WHEREAS, the parties hereto have agreed that the development of said lands will require increased municipal services from the City in order to serve such area and will further require the installation of certain improvements primarily of benefit to the lands to be developed and not to the City of Fort Collins as a whole; and mffLREAS, the City has approved the sL-dxlivision plat (and site plan where applicable) suUni_tted by the Developer subject to certain requirem-ents and conditions which involve the installation of and construction of utilities and other municipal improvements in connection with said lands. NOW, THEREFORE, in consideration of the premises and the terms and conditions herein stated and. for other valuable consideration, the adequacy of which is acknowledged by the parties hereto, it is agreed as follows: 1. Except as otherwise herein specifically agreed, the Developer agrees to install and pay for all utility lines, storm drainage facilities, streets and otho- municipal facilities necessary to serve the lands within the subdivision.. 2. Water Lines. a. Developer agrees to install all water lines as shown on the utility plans in accordance with the requirements and as shown on said plans, whether such lines are actually on the property, bordering the property or on other lands connecting the subject property to the existing City voter distribution system. b. Such water lines shall be installed in full compliance with the standard specifications of the City on file in the office of the City Engineer and applicable provisions of the City Code relating to the installation of such lines. c. Developer understands and agrees that no building permit for any structure in the subdivision shall be issued by the City until the water line and the fire hydrant serving such structure is installed and accepted by the City. d. Any water lines described on Exhibit A, attached hereto shall be . installed within the time required on Exhibit A. If the City Engineer determines that any lines shown on the utility plans are required to provide service to other areas of the City, those lines shall be installed within the time determined by the City Engineer. -2- e. All of said lines shall be installed at the sole expense of the Developer. f. The installation of said line shall be inspected by the Engineering Services Department of the City and shall be subject to such deparbTent's ap- proval. Developer agrees to correct any deficiencies in such installation in order to meet the! requirements of the plans and the specifications applicable 'to such installation. 3. Sanitary Sewer Collection Lines. a. The Developer agrees to install all sanitary sewer collection lines shown on the utility plans, whether the same be on or off the subject property b. Such sanitary sewer lines shall be installed in full compliance with the standard specifications of the City on file in the office of the City Engineer relatincr to the installation of such lines. c. Developer understands and agrees that no building permit shall be issued by the City for any structure in the subdivision until the sanitary sewer line serving such st=, `-.1,:re is installed and accepted by the City. d. Any sanitary sewer lines described on Exhibit A, attached hereto shall be installed within the time required on Exhibit A. If the City Engineer determines that any lines shown in the utility plans are required to provide service to other areas of the City,.those lines shall be installed within the time determined by the City Engineer. e. All of said lines shall be installed at the sole expense of the Developer. -3- f. The installation of said lines shall be inspected by the Engineering Services Department of the City and subject to such department's approval. Developer agrees to correct any deficiencies in such installation in order to meet the requirements of the plans and the specifications applicable to such installation. 4. Electric Lines and Facilities. The City Light and Power Department shall install all electric distribution lines and facilities required for the subject property and the Developer shall pay for such work in accordance with the established charges of the Light and Power Department. Such installation shall include all. street lights required for the development. 5. Storm Sewer Lines and'Facilities. a. The Developer shall install all storm sewer lines and facilities shown on the utility plans. b. Such storm sewer lines and facilities shall be installed in full compliance with the standard specifications of the City on file in the office of the City Engineer relating to the installation of such lines. c. Developer agrees to complete the installation of detention facili- ties prior to the issuance by the City of more than six (6) certificates of occupancy for any structure within this subdivision. d. All of said lines and facilities shall be constructed in an orderly fashion, as determined by the City Engineer, so as to prevent damage to other utilities, streets, curb, gutter, sidewalks, and all adjacent properties. e. All of said facilities shall be installed at the sole expense of Developer. f. The installation of all of such lines and facilities shall be in- spected by the Engineering Services Department of the City and shall be subject -4- to such department's approval. Developer agrees to correct any deficiencies in such installation in order to meet the requirements of the plans and the specifications applicable to such installation. 6. Streets. a. The Developer agrees to install all streets shown on the utility plans, complete with paving, curb, gutter and sidewalks. b. Such streets shall be installed in full compliance with the standard specifications of the City on file in the office of the City Engineer relating to the installation of such streets. c. No building permit for the construction of any structure in the subdivision shall. be issued by the City until the street providing access to the structures is improved with at least the gravel base required. Furthermore, no building permit shall be issued by the City for any structure located in excess of 660 feet from a single point of access. d. Any streets described on Exhibit A, attached hereto, shall be completely installed with the time required on Exhibit A. If the City Engineer determines that any streets sho::m on the utility plans are required to provide access to other areas of the City, those streets shall be installed within the time required by the City Engineer. e. All of said streets shall be installed at the sole expense of the Developer. f. Developer agrees to correct any deficiencies in such installation in order to meet the requirements of the plans and the specifications applicable to such installation. g. Street improvements shall not be installed until all utility lines to be placed in the streets have been completely installed and all services to -5- individual lots have been installed from main utility L.les to the property line. h. The Developer agrees to provide and install at his expense adequate barricades, warning signs, or other devices on the dead ends of streets to be continued, unfinished crossings, and other sites designated by the City Engineer as areas requiring such measures to insure the public safety. 7. other Requirerrents. 8. Miscellaneous. a. This agreement shall be binding ul.)on the parties hereto, their heirs, personal representatives and assigns. b. Nothing herein contained shall be construed as a waiver of any requirements in the City Subdivision Ordinance or any other provision of the City Code and th-s Developer agrees to comply with all requirements of the szm?. ATI`rST City Clerk APPROVED: L D.7reccoi;.. C -ly A Lc I. ,ng4encor1_ncj OF FOIE[' COLLINS, COLORS ty D,_vC].op'r , `Title Everitt Enterprises, Inc. A general partner of a Joint Venture MIIBIT A 1. Schedule of tinter lines to be installed out of sequence. not applicable 2. Schedule of sanitary sewer lines to be installed out of sequence. not applicable 3. Schedule of street improvements to be installed out of sequence. not applicable