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HomeMy WebLinkAboutCENTERPOINT PARK - Filed DA-DEVELOPMENT AGREEMENT - 2003-07-31DEVELOPMENT AGREEMENT THIS AGREEMENT, made and entered into this %'5 day of Jue , A.D. 198�, by and between THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation, hereinafter referred to as "the City," and PROSPECT PARK EAST PARTNERSHIP, a Colorado general partnership, hereinafter referred to as "the Developer," WITNESSETH: WHEREAS, the Developer is the owner of certain property situate in the County of Larimer, State of Colorado, and legally described as follows, to -wit: Centerpoint Park, Lots 18 and 23 (ADVANCED ENERGY), oca .e3in Tie -northwest Quarter of Section 20, Town- ship 7 North, Range 68 West of the Sixth P.M., City of Fort Collins, County of Larimer, State of Colorado. WHEREAS, the Developer desires to develop said property and has submitted to the City a subdivision plat and/or a site plan, a copy of which is on file in the Office of the City Engineer and made a part hereof by reference; and WHEREAS, the 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 made a part hereof by reference; 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 Centerpoint Park Lots 18 and 23 June 1984 EXHIBIT "A" 1. Schedule of water lines to be installed out of sequence. N/A 2. Schedule of sanitary sewer lines to be installed out of sequence. N/A 3. Schedule of street improvements to be installed out of sequence. See paragraph 2.0 4. Storm drainage improvements to be installed out of sequence. See paragraph 23 r1111r nrT 11-11 The Development Agreement for Centerpoint Park, Lots lE and 23. This exhibit does not apply to this development. COST ESTIMATE FOR MAJOR DRAINAGE IMPROVEMENTS Include only those major storm drainage basin improvements required by an adopted basin master plan. ITEM DESCRIPTION 1. Storm sewer, manholes, end sections, etc. Sub -Total 2. Channel excavation, detention pond excavation and riprap UANTITY UNIT COST TOTAL COST L.f. /L.f. $ L.f. /L.f. $ Ea. Ea. $ Ea. Ea. $ C.Y. $ /C.Y. $ C.Y. $ /C.Y. $ C.Y. $ /C.Y. $ Sub -Total $ EXHIBIT B - Page 2 ITEM DESCRIPTION 3. Right-of-way & easement acquisition ( a) (b) Sub -Total 4. (a) Professional Design Other QUANTITY UNIT COST TOTAL COST S.F. $ /S.F. $1 Ac. $ /Ac. S Lump Sum $ Total estimated cost of Storm Drainage improvements eligible for credit or City repayment 5 Prepared by: Title: Address: 82 278 0US78 57 88 1984J'.l12H 3: 13 N n T T r r Please take notice that on June 20, 1984, the City of Fort Collins, Colorado, approved the final site olan of CENTERPOINT PARK LOTS 18 & 23 (Advanced Energy), which development was submitted and processed in accor- dance with Section 118-73 of the CnHio of tho ri +%, of i7„r+ r^i i , — Tk- Final plan of the subject property, out of which document accrues cer- tain rights and obligations of the developer and/or subsequent owners of the subject property, are on file in the office of the Clerk of the City of Fort Collins. The subject property is more particularly described as follows: Lot 18 and Lot 23 of Centerpoint Park, situate in the south- west 1/4 of Section 17 and in the north 1/2 of Section 20, Township 7 North, Range 68 West of the 6th P.M., City of Fort Collins, Larimer County, Colorado ti City Cle - Se �etaryv,Planning4 oning Board City of Fort Collins Dated:_ ;2 / C(Upy) SUEDIVISIONAGREEMENT THIS AGREEMENT, made and entered into this _26th — day of -September 19 U r by and between THE CITY OF FORT I a Municipal Corporation, party of the f i rp L part, hereinafter sometimes referred to as "the City", J - RIOIC'f-I POUGLAS and C. ROSE! 11177,,il,t party of the second part, hereinafter sometimes ret' '7 erred to "Douglas and Zaylor"; k. C. SMITH and LLOYD P. JENKINS, parties of the third part, hereinafter sometimes referred to as "Smith and Jenkins", and INIC., party of the fourth part, hereinafter some- tiw"q refoirud to as "Rhoades" (second, third and fourth par- t5v being hereinafter collectively referred to as "The De- veloper"). WlTNESSETH: the Developers are the owners of certain pro- perty ViLuat" in the (County of Larimer, State of Colorado, and legally described as follows, to -wit: Centerpoint Park Subdivision: A tract of land _Foca''_e(j inthe -TI.Q. 1/4 of Section 17 and the North 1/2 of Section 20, Township 7 North, Range 68 West of the 6th Principal Meridian, City of Fort Collins, County of Larii er, State of Colorado. Doutj1a!,, and Z_-Aylou are the owners of Lots 24 through 27 of Centerpoint Parh Subdivision; Smith and Jenkins are the own- er: of Lots 18 and 23 of Centerpoint Park Subdivision; and Rhoades is tLe owner of the remaining lots in Centerpoint Part. Subdivision; and WIII.RF;AS, the Developers desire to develop said property as an i.ndnu. Ilr-ial subdivision and has submitted to the City a :subdivision plat (and a site plan if said property is to be developed as a Planned Unit Development), a copy of which is on file in the office of the City Engineer and made a part hereof: 1:)y reference; and WIf, the Developers have further submitted to the City a utility plan for said lands, a copy of which is on Bile in the office of the Director of Engineering Services and made a part hereof by reference; and 6JFIEi:F,hS, the parties hereto have agreed that the devel- opmr:,nt of saki lands will. require increased municipal servi- ccs from the City in order_ to serve such area and will fur- thE_r require, the installation of certain improvements pri- marily of b(2nefit to the lands to be developed and not to the City of Fort Collins as a whole; and WIlf'fI\I-A:;, the City ht s ,approved the subdivision plan (and rite pl�in wher(-, applicable) submitted by the Developers sub- ject to certain requirements and conditions which involve the installation of and construction of utilities and other muni- cipal iniproveroerits in connection with said lands. -2- �dC)6d, `1'1111'RETORK, in consideration of the premises and the teams and conditions acknowledged by the parties hereto, it is agreed as follows: 1. General Conditions. A. All water lines, sanitary sewer collection lines, stores sewer lines., and facilities, streets, curbs, gut- ters, sidewalks, and bi_kepaths shall be installed as shown on the approved utility plans and in full compliance with the Kknndard of the City on file in the Office of the Director oL Engineuring Services relating to the specific utility. 5. No building permit for the construction of any structure within thn suk di°;ision shall be issued by the City until_ the water line, tare hydrant, sanitary sewer, street (with at Inast the hose course completed) serving such struc- turn_ have been coopinted and accepted by the City. No build- ing permAn shall be issued for any structure located in ex- ccs;s of six hundred sixty feet (660') from a single point of accWss. Sharp Point Drive in its present condition will be con s iderod as an access-, way for the purposes of this subpara- graph. C. Any water lines, sanitary sewer lines, storm drolnac 1 inog , and/or streets described on Exhibit "A", attached h reto, shall be installed within the time and/or sequence redui_rod on Exhibit "A". If the Director of Engi- -3- n( (�riny Services detern,,inQs that any water lines, sanitary � (wr_r I int�s, r;torm suwnr facilities and/or streets shown on tin utility plans are required to provide service or access to other areas OL thy' City, those utilities sh all be install- ed within LAn time determined by the Director as referred to under Special Conditions in this document. D. Al -I (Jectric lines and facilities shall be installed in accordance with the Electric Service Rules and Reju.lations, the Electric Construction Policies, Practices and f'roccc;ur"K, and qpucifications of the City of fort Collins` electric utility. H. Except as otherwise herein specifically o1rund, th" Dovolopors agree to install and pay for all wa- ter; sanitary sewer:, storm sewer and appurtenances, and all streets, curb, gutter, sidewalks, and bikeways and other mu- nicipal facilities necessary to serve the lands within the subdivision. I;, St re_ _�t improvements ( excepting curb, gutter and walks) shall not be installed until all utility lines to be placed therein have been completely installed, including all l individual I nt service l i_n"s leading in and form the main to the property line. (unless the City agrees otherwise with regard to specific lot service lines). G. i'}iE' installation of all utilities shown on the utility drawir:y s shall be inspected by the Engineering Servi- ces Hivision of the City and shall be subject to such depart- - 4 -- ment_.'�-. al,;ioval. Th(, Developers agree to correct any def.i- u j "n( it q in nuph installations In order to meet the require- mpnkE W Un pLnn s Lnd/or specif iciations applicationt-o such installation. In case of conflict, the utility drawings `,hall supernt'du thenn;.i,"3rd cpE'C Hications. H. The Devulopers shall provide the Director of h'nginporing Services with certified Record utility Drawing Tran Sporpncins of Black Image Diazo Reverse Mylars upon com- p lot ion of any ph"se of the construction. 2. Special_ Conditions. A. I).ivision of Developers' Obligations. The Developers consist of three parties. Each ref g a i d part-ioq 5hal.1 be rc_:apnnsihLe [or_ installation of ! hos,_� f_,(:i 1_ i tins with in or adjoining that portion of the sub- divirinn owned by that. Developer. In the case of utility lines to he installed in streets or easements which are the boundary between two parties' ownerships, each of the parties shall pay one-half of the cost of_ the lines. The cost of :street improva-uhF__nL shall be similarly shared. If any of the Developer parties installation of subdivision im- provements hurnro the party responsible for paying for such improvements installs the same, then the other party may in - Wall the improvement and shall be reimbursed by the party ranponsible for W, cost of the same. Such reimbursement shall he slur apon demand, shall hear interest from the date - 5- t?,i c,)st was incurrud at tKe rate of per annum, and the in: tatliTIj s:hali have a lien on the lands of the jwrfrosponsihin Wr paying the cost until such repayment is made. R. Waher-Kin-us. (Oversizing, Payback, etc.) The Ciry shall repay the material cost differ- ent ial het_',.' -n tw, We inch ( M ) ami eight inch (8" ) water lines AW011"d pUrSUML to this agreement. Thu City shall enter into a repay agreement to assist thn heveloppy to recover one-half of his cost of in- stalling the twelve inch (12") line from the existing main in Pyasp(wt aryj Sharp Mirt Drive when property across these streety Erow '_.his devalopment taps onto this main. 't' 1) Df - v r � 1 ') P e r s shall repay the Prospect- T i mhwr I in- K H. 1). Onn—I oi)4r I or installing this Developer's pro ra tt,t -haf u of the existing twelve inch ( -1 2" ) main in Prospect Strout Wore Mveloper is issued a building permit for any portion of Tract A in Centerpoint Park. C. Sanitary -Sewer. (Oversizing, Payback, etc.) Not applicable D. Storm Drainage Lines and Appurtenances. ( l nLuntion Mains, etc.) No building permits will be issued for any lot until the building site has been filled to the regulator flood -6- improvements primarily of benefit to the lands to be developed and not to the City of Fort Collins as a whole; and WHEREAS, the City has approved the subdivision plat and/or site plan submitted by the Developer subject to certain requirements 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 promises and the terms and conditions acknowledged by the parties hereto, it is agreed as follows: 1. General Conditions. A. All water lines, sanitary sewer collection lines, storm sewer lines and facilities, streets, curbs, gutters, side- , walks, and bikepaths shall be installed as shown on the approved utility plans and in full compliance with the Council approved standard specifications of the City on file in the Office of the City Engineer at the time of construction of the utility plans relating to the specific utility, subject to any time limitations as provided by Ordinance. B. No building permit for the construction of any structure within the development shall be issued by the City until the water lines, fire hydrants, sanitary sewer and streets (with at least the base course completed) serving such struc- ture have been completed and accepted by the City. No build- ing permits shall be issued for any structure located in excess of six hundred sixty feet (660') from a single point of access. -2- pry tF'ct ic'rf a�; d(_,�I:int_d in City of Fort Collins Code t . ) E. ;'treets. {Oversizing, Traffic Lights, Signs, shall improve Prospect Street ;nc i'ii.l>c;rl inc> ::(_)<:d to thy: arterial stand�rrds in accordance �)Oof t11c City of Fort Collins Code. (This i ncliadc s tr,,': '` is lioiht- uric; (-' i t y participation in oversizing. ) F. Other Requirements. I)evf,]ozper understands that sidewalks are re- ciu i r-r-ci ()n 1'r,th of each ,trcet pursuant to direction of 1-h- Cit,,� C'ounci.-L on 6, 1977. Unless the City Coun- cil chants a from this requirement or changes its s;iihd i vi . ion rrc�ciard i ng sidewalks so that this is nc, loncier Dc.ve _oper shall revise the utility draw- inci:, to rc_flt_ct 1:1.1is rc_'ciui_rement and shall install such side- w�II shali he upgraded to 1980 standards for anti we,:­rin<, ;f,rvicc- f>rior to constt:uction. 3. :ISC1;1, 'NN1;U';S. I,. 'Vh(c lic_veloper ::agrees to provide and install, at 1;i�; '_-,rri.c:ades, warning signs, etc. at all constructir>r� w.iti, in thc> nubl is right-of-way and/or other �_arF�-�:, c'crrnrrl ne c r;::�_1ry 1;%T the >,i_rector of Engineering Servi- c(,�in wi.tr_ the City's "work Area Traffic Control -7- -,n(l shzil 1. not remove said safety devices until <W by UP di rector. i, i;UVWL"Per shall, :it <IIL time,-,, keep the pphlic Kjht-ol-way fr"n Crom accumulation of waste material or ruW nil coum d hy his operation. He shall remove such rHhhi Kh no 1 , : s Lhan weAly and, at the completion of his wnFA, : hall r-dov- aLL wante matorials, rubbish, tools, con- Vt V"CL in� pquipmr nt , fFachinury, am! surplus materials from the Ivuhlic rioht-of-wny caused by his operation. The Devel- io tj.i,_- f_tnj�-,h(_,d st.r�_,et surfaces free Irr" dirl caused by his uperation. Any accumulation of dirt and/or construction waterials which will add to the accumu- lation of dirt KhW I ho unnsidured suffici(_nt cause for the City t vi i t h 1") 1 t i hu i I d i nj permits and/or certificates of occupancy until corructud to the satisfaction of the Director off Vnqinerrinj Kerviccs. in the event that the Developer foils to adequately clonn up the streets within two (2) days alLpr written rmLicu, Lhq City may have the street cleaned and hill the Develop for said costs of cleaning. C . The Developer shall cause his subcontractors W coopurnta with the City's construction inspectors by ceas- ing operations wh-m winds are of sufficient velocity to cre- ate hlowiny dust which, in the inspector's opinion, is haz- ardous to the public health and welfare. -8- 1?. Wiiiere by wine! or water) is l i K u I y to he a prop l ey, in the inspector's opinion, the sur- Cace arra of crr- dahI" uwirth r..._,terial exposed at any one time , hn1; n(:t a xc � .l 200,000 quarp feet for e_3rthworks opera- t.i(gw;. `Iohn)rAry c;- fo_'r-wnrnt rusion control shall be in- o 1 mrat c_-1 ! W) t'ho subdivision at the earliest practicable t-imr . The c-c ntr-.)i may consist of , but may not be limited to, �.c>e cline ,� ."i'1 •_;, t(,m;_)orary dikes, gabions, or other dcvicy . E. Tiii:= A(-!rnemunt shall be binding upon the par- t i (m I er"t", thpir heirs, personal representatives, and assigns. F. Nothing herein contained Shall be construed as za tinrivPr of ky r aqui.rew"m in the City Subdivision Ordinance ni r;n;� ot_h�_�r_ ;��rr,vi��ion of the City Code, and the Developer r:g1'�"s to conply with nff requirements of the same. ATTEST: THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation 'ity Manager t mr 1 -9- EMIRIT "A'' 1 P "I waLor linvs to he installed out of sequence. 91P t wn! v" i nah main M 11 he installed within Prospect Knad and Kk%rp Poi ht Drive so as complete the main loop i(,j- nM i uckion un wore than four (4) lots within t h, j(_:rt ui Vhn K"! AN LAW owned by Rhoades. This re- quiruw, nL will nw, Yuct inn ,,y 7)ouqlas, and Ynyini or kAt-h and J-Mns. Kch(Aulc at nan) ary sewer lines to be installed out of Nut applicahle. Schedule of strwel, iLT;ovew(-,nts to be installed out of T!p !; uv"i :priny Creek on Timhwuline and Prospect ,,, I 1',' rl, (I ruct (-,(i hy t-he City when nl ai f, qgruprW(&. Hownver, the heveioper shall crappif t (, iconu�-nkls on Prospc-(,:J-- rind Ti.m.herline Roads , ,, 1 lip, ri�; i !:cidges prior to January 1, 1983, u;il (,; I,- Cite 6qr-uLo an extunsion of this time. 4. Storin drai"aqp inpruvements to he installed out of Th e 1)(,, ,, , - I I j P U U 5 h a 11 complete the channelization of Spring Uienk W accuhnodato Un raquirnd starmwater run- nf f A, t t t i�! ionj by the Spriny Creek Basin analysis of 11M. T.w City wiLL participate and pay the cost of any uhnnn, I i i; I K,n (,nn.--z i ty, rqu hec,-Iu-,e of importation o . ter rz i 111 t i. u Spri ng Crank 3asin. This channel- i zn t i "n w j I L 1 conn L ruc tud prior to or simultaneously wit h 1 U. W K. Ifni ry: Pcospoct Mad and Timherline Road acrann Aprinq Cr.(K. Tract A shall not be constructed Lq"W. UM L 1 W kcidqes and channel are completed and njquvud hy Lh" City. J.! BRUCE DOUGLAS X 13. C. SMITH RHOADES, INC., a Colorado corporation (Corporate Seal) BY: -'T Vice President� APPROVED: /1-IrOQ or of Pu*blic City Attorney -10- C. Any water lines, sanitary sewer lines, storm drainage lines, and/or streets described on Exhibit "A", attached hereto, shall be installed within the time and/or sequence required on Exhibit "A". If the City Engineer determines that any water lines, sanitary sewer lines, storm sewer facilities and/or streets shown on the utility plans are required to provide service or access to other areas of the City, those utilities shall be installed within the time determined by the City Engineer as referred to under "Special Conditions" in this document. .. D. Except as otherwise herein specifically agreed, the Developer agrees to install and pay for all water, sanitary sewer and storm sewer facilities and appurtenances, and all streets, curbing, gutter, sidewalks, bikeways and other municipal facilities necessary to serve the lands within the develop- ment. E. Street improvements (except curbing, gutter and walks) shall not be installed until all utility lines to be placed therein have been completely installed, including all indivi- dual lot service lines leading in and from the main to the property line. F. The installation of all utilities shown on the utility draw- ings shall be inspected by the Engineering Division of the City and shall be subject to such department's approval. -3- The Developer agrees to correct any deficiencies in such installations in order to meet the requirements of the plans and/or specifications applicable to such installation. In case of conflict, the utility drawings shall supercede the standard specifications. G. All storm drainage facilities shall be so designed and con- structed by the Developer as to protect downstream and ad- jacent properties against injury and to adequately serve the property to be developed (and other lands as may be required, if any). The Developer has met or exceeded minimum require- ments for storm drainage facilities as have been established by the City in its Drainage Master Plans and Design Criteria. The Developer does hereby indemnify and hold harmless the City from any and all claims that might arise, directly or indirectly, as a result of the discharge of injurious storm drainage or seepage waters from the development in a manner or quantity different from that which was historically discharged and caused by the design or construction of the storm drainage facilities, except for (1) such claims and damages as are caused by the acts or omissions of the City in maintenance of such facilities as have been accepted by the City for main- tenance; (2) errors, if any, in the general concept of the City's master plans (but not to include any details of such plans, which details shall be the responsibility of the Developer); and (3) specific directives as may be given to the -4- Developer by the City. Approval of and acceptance by the City of any storm drainage facility design or construction shall in no manner be deemed to constitute a waiver or relinquishment by the City of the aforesaid indemnification. The Developer shall engage a licensed professional engineer to design the storm drainage facilities as aforesaid and it is expressly affirmed hereby that such engagement shall be intended for the benefit of the City, subsequent purchasers of property in the development and downstream and adjacent property owners all of whom shall be third party beneficiaries of said agreement between the Developer and Engineer. H. The Developer shall pay storm drainage basin fees in accor- dance with Chapter 93 of the City Code. Storm drainage improvements eligible for credit or City repayment under provisions of Chapter 93 are described together with the estimated cost of the improvements on the attached Exhibit "B", which improvements shall include right of way, design and construction costs. The basin fee payable by the Developer shall be reduced by the estimated cost of said eligible improvements. Upon completion of such eligible improvements, the amount of such reduction shall be adjusted to reflect the actual cost. If the cost of the eligible improvements con- structed by the Developer and described in the above mentioned exhibit exceeds the amount of the storm drainage fees payable for the development, the City shall reimburse the excess cost -5- out of the Storm Drainage fund upon completion of the improve- ments and approval of the construction by the City. I. The Developer shall provide the City Engineer with certified Record Utility Drawing Transparencies on Black Image Diazo Reverse Mylars upon completion of any phase of the construc- tion. 2. Special Conditions. A. Water lines. The Developer may be entitled to reimbursement for the con- struction of the water line in Prospect Road in accordance with the Code of the City of Fort Collins Article 112-43. B. Storm drainage lines and appurtenances. All storm drainage facilities shall be completed by the Developer and approved by the City prior to the release of the Certificate of Occupancy. C. Streets. The City agrees to repay the Developer for oversizing Prospect Road to arterial standards in lieu of local street standards in accordance with the Code of the City of Fort Collins, Article 99-6.F. All street improvements must be completed prior to the issuance of the Certificate of Occupancy. 3. Miscellaneous. A. The Developer agrees to provide and install, at his expense, adequate barricades, warning signs and similar safety devices at all construction sites within the public right-of-way and/or other areas as deemed necessary by the City Engi- neer in accordance with the City's "Work Area Traffic Control Handbook" and shall not remove said safety devices until the construction has been approved by the director. I Me B- The Developer shall, at all times, keep the public right-of- way free from accumulation of waste material or rubbish caused by his operation, shall remove such rubbish no less than weekly and, at the completion of the work, shall remove all such waste materials, rubbish, tools, construction equipment, machinery, and surplus materials from the public right-of-way. He further agrees to maintain the finished street surfaces free from dirt caused by his operation. Any excessive ac- cumulation of dirt and/or construction materials shall 'be considered sufficient cause for the City to withhold building permits and/or certificates of occupancy until corrected to the satisfaction of the City Engineer. If the Developer fails to adequately clean such streets within two (2) days after receipt of written notice, the City may have the streets cleaned at his expense and he shall be responsible for prompt payment of all such costs. C. The Developer hereby insures that his subcontractors shall cooperate with the City's construction inspectors by ceasing operations when winds are of sufficient velocity to create blowing dust which, in the inspector's opinion, is hazardous to the public health and welfare. D. When the inspector determines that erosion (either by wind or water) is likely to be a problem, the surface area of erodable earth material exposed at any one time shall not exceed 200,000 square feet for earthworks operations. Temporary or -7- permanent erosion control shall be incorporated into the subdivision at the earliest practicable time. By way of explanation and without limitation, said control may consist of seeding of approved grasses, temporary dikes, gabions, and/or other devices. E. The Developer shall, pursuant to the terms of this agreement, complete all improvements and perform all other obligations required herein, as such improvements or obligations may be shown on the original plat, or on any replat subsequently filed by the Developer, and the City may withhold such buil- ding permits and certificates of occupancy as it deems neces- sary to ensure performance hereof. F. This Agreement shall be binding upon the parties hereto, their successors, grantees, heirs, personal representatives, and assigns and shall be deemed to run with the real property above described. G. Nothing herein contained shall be construed as a waiver of any requirements of the City Code, and the Developer agrees to comply with all requirements of the same. THE CITY OF FORT COLLINS, COLORADO A Municipal Cor oration c By City Manager City Clerk APPROVED: Direc or of iblic Works City Attorney' PROSPECT PARK EAST PARTNERSHIP A Colorado General Partnership Q,e� &,C� ry Le , Genera Partner