HomeMy WebLinkAboutHOFFMAN ADMINISTRATIVE PLAT - Filed OA-OTHER AGREEMENTS - 2003-12-01AGREBIENT
THIS AGREEMENT is made and entered into this 20th day of
December , A.D. 1974 , by and between TILE CITY OF PORT
COLLINS, COLORADO, a municipal corporation, hereinafter sometimes designated
as the "City", and Charles �. Hoffman hereinafter designated as
the "Developer",
WITNESSLTH:
W9IFRE.AS, Developer is the owner of certain property situate
in the County of Larimer, State of Colorado, more particularly described as:
A tract of land situate in the Northeast 1/4 of Section 16, Township 7 North,
Rance 69 Nest of the 6 P.A., City of Port Collins, County of Larimer, State of
Colorado which considering the North line of the Northeast 1/4 of said Section
16 as bearing; N 89' 35' 30" W and with all bearings contained Therein relative
thereto is contained within the boundary lines which begin at a point on the
North line of the said Northeast 1/4 which bears N 39' 35' 30" W 551.00 feet
from the Northeast corner of said Section 16 and run thence S 00' 25' W 248.00
Feel; thence N 890 35' 30" W 104.00 feet; thence N 00' 25' E 248.00 feet; thence
S W SS' So" E 104.00 feet to the point of beginning containing 25,792 square
feet more or Less being subject to ❑ road right-of-way for West Mulberry Street
over the North 50.00 feet thereof and being further subject to a six Poet
utility easement as sihown.on the Administrative Plat.
WHEREAS, Developer desires to develop said property as a one -lot
residential subdivision and has submitted to the City a utility plan for said
land, a copy of which is attached hereto as Exhibit A and by this reference made
a part hcrcof; and
WHEREAS, too 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
Port Collins as a whole.
NOW, THEREFORE., in consideration of the premises and the terms
and conditions herein stated and for other valuable consideration, the adequacy
of vilich is ackno:,lcdged by the pnrti_es hereto, it is agreed as follows:
1. Except as otherwise heroin specifically agreed, the
Developer agrees to install streets and other municipal facilities necessary
to serve the lands described, streets and facilities including, but not
limited to, those shown on the utility plan attached hereto as Exhibit A.
'_. Streets.
a. The Developer agrees to install all streets shown on
the utility plan, complete with asphalt 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 streets.
C. Developer agrees to complete the installation of street
improvements no later than the following schedule:
All improvements to be completed by August 1, 1974.
d. The installation of all streets shall be inspected by
the Community Development 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 specificiations applicable
to such installation. In the event the improvements are not completed and
approved witnin the time set forth above, the City shall have the right to cause
such additional work to be done as it deems necessary to complete the installation
in a satisfactory manner and the Developer shall be liable for the cost of such
additional work, including all normal charges made by the City for financing,
engineering, publication, legal and miscellaneous on City special Street
Improvement District.
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C. Street improvements shall not be installed until all
utility lines to be placed in the street have been completely installed and
all services to individual lots have been installed from main utility lines
to the property line.
3. Other Requirements.
In the event that the Developer does not provide the necessary
surety bond described under item number four (4) of this agreement within thirty
(30) days of the day and year first hereinabove written, the Developer understands
that the City shall have the authority to nullify any building permit issued for
construction of structures upon said lands.
4. Performance and Payment Bond. To insure Developer's performance
under this agreement, Developer has provided the City a satisfactory surety bond
in the amount of $ 4,000
conditioned on Developer's full
performance of its obligations hereunder and payment by the Developer of the cost
of installing all improvement required to be paid for by the Developer.
'['his agreement shall be binding upon the parties hereto, their
heirs, personal representatives and assigns.
IN WITNESS WHLRFOF, the parties hereto have caused this agreement
to he signed the day and year first hereinabove written.
THE CITY OF FORT COLLINS, COLORADO
A'1'TP.S'l
by
City Clerk
APPROU D:
Director of Community Development - x
City Att rney
City Manager
io LL e"'
,veloper