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HomeMy WebLinkAboutBRISTOL - Filed DA-DEVELOPMENT AGREEMENT - 2003-09-22I=,!OR:'.iTDTJIdI OF AGRPEI SPTT THIS AGPT:773,iT, made and entered into this Yst„ , �v dal, r Septemhrr A.D. lQ 61 , by and bet,,ween `t'=ZI CTTY _'D' ;'G-,T T.iG, a municipal corporation, hereinafter dos`�nated as first par', ,,nil Morris G Bristol and Erma H. Bristol Hereinafter desiF�_-ted as second n^.rt,=, V!19' 7SSETTT; WHERFAS, has heretof-)su': Ited a subdiaision ,lot o tlic s ubdiv is io^_ to b c known as _ Bristol Subdivision For approval by the Municipal Plannin;; nd Zlonin,,Board and <t City Council of the City of Fort Collins, a_ad sai. su ivision plat is cc )tcbl to first narty ;'fret party ,s =L.^'� I a.nd Zoning Board, z':,.joct to construction of u'.alicies in the area -o be subdivided, 1\10V1, 'T'TI?R"1FCz' ', in consideration of the premises and the terns of this agreement, it is mutually agreed as -'ollows, 1. First party a;rees that said subdivision plat shall be, and the same is hereby -Droved. 2. In consideration of th approval of said plat bt, first narty, and first party is Planning and '_onin`; Board, second party agrees as follows: (A) To submit to first party the following detailed improvement plan.,, ace able to the first party: (1) A plan of the proposed wat: ?istribution system including the connecting pipelines to the points of connection to the first party's existing water distribution system and s._"iing all valves and fire hydrants. (2) Plans and profiles of the proposed sanitar;= s--wer s-Tlstem including all :manholes and connections to first party'., existing sanitary sewer system. (3) A plan of the proposed electrical distribut � - -t ; ,y:,' >.. including connecting lines to the first party?s existing eleel,i°1oc.l distribution system and including all street (4) Plans and profiles of all strut (,') Plans and profiles of the proposcc' dr^.inage system shouuing ths; connections to the first partyls s` �rc� :,^c_r^ eystem and includinC- all storm sewer inlets and manholes, (6) Items A(1) to AM inclusive are to be financed by tne party of the second part, excepting only Item (3) electrical distrihutio? system. All material required for street lights are to be pa.ic- f;r b;; the party of the second Hart to the Light & Po%,rer Department of t CiCyo In the event the City of Fort Collins shall require larger wal,or mains, sanitary sewer mains or storm se,,!er mains to be constructed '_ i_n the subdivision than ..ould be required b-;r standard engineeriii: a ,i es to serve tl.e subdivision, in order to properl1r extend these ices to other areas, the City of Fort Collin" .rill pay a porno_, of Cost of such enlarged facility based on proration of the cos the actually con, tructed and the estimated cost of such f=ci :`_'r q-s tale subdi _. a -proved plan, Suoh proration of rf Fort 5 nd the subdivider _.Mall uo de corn in d in ;or,-Lruct'sn by the U_ty L'ngineer and in the event of any di.oute thy_- or shall be submitted to the City Council for final deter-r._n-lion, IF '-JITF-33 '.'1H? ?sOF, first party has caused these presents to . . be signed by its t!;ayor and its corporate seal to be hereto affixed aite,� to by its City Clet'k, pursuant to motion of the Council of the City of Fort Collins dated the 9th day of February A.D., 1961 , and second party has hereto set his hand and seal r and year first hereinabove written, ATTEST: City Clerk THE CITY OF FORT COLLI°13. A t.iunicipal Corporation By s-/S--- 1,tr.yc: First ?arty