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HomeMy WebLinkAboutMOUNTAIN VIEW HEIGHTS - Filed OA-OTHER AGREEMENTS - 2003-12-24MEMORANDUM OF AGREEMENT THIS AGREEMENT, made and entered into this gird day of February A. D. 19 65 , by and bewtween THE CITY OF FORT COT_TINS, a mu:-icipal corporation, hereinafter designated as first party, -ad Reines Homes, Inc. Herein -.£ter designated as second party, WITNESSETH: WHEREAS, seccnd party has heretofore submitted a subdivision plat of the sub9iv;s,ion to be known as Mountain View HeiPhts Subdivision For ^pprcval by the Municipal Planning and Zoning Board and Vile City Council of the City of Fort Collins, and 671P1 AS, s7.'.d subdivision plat is acceptable to first party a::d first pcsty's Planning and Zoning Board, subject to construction of utilities in ':he area to be subdivided, Nai, THEREFORE, in consideration of the premises and the terms of this agrecme�,t., it is mutually agreed as follows: 14 F'_r.st party agrees that said subdivision plat shall be, and the same is hereby approved. 2. In r,,�;asideration of the approval of said plat by first party, and filet part-ls Planning and Zoning Board, second party agrees as follow:-,-. (A) To submit to first party the following detailed improvement pl.^r_?, acceptable to the first party: (1) A plan of the proposed water distribution system incl�zdin- g t_,.e cc:Li7cting pipelines to the points of connection to the first party's e. sting water distribution system and showing all valTes and fire hydrants. (2) Plans and profiles of the proposed sanitary sewer system including all manholes and connections to the first party's existing sanitary sewer system. (3) A plan of the proposed electrical distribution system including conn.^_oting lines to the first party's existing electrical distr9S ticn r;tem ar,_ including all street lights. (,'_,) Plans and profiles of all street improvements. (,) P1 vis and profiles of the proposed street drainage system s'ioir_ng t':c cc- ^e^tinns to the first party's storm sewer system and includ. ig all storm sewer inlets and manholes. (6) Items A (1) to A (5) inclusive are to be financed by the party of the second part, excepting only Item (3) electrical distribution system, All material required for street lights are to be paid for by the party of the second part to the Light & Power Derirtment of the City. In the event the City of Fort Collins shall require larger u—.ter mains, sanitary sewer mains or storm sewer mains to be constructed within the subdivision than would be required by standard engineering r--�c'.,ices to serve the subdivision, in order to properly extend these cervices to other areas, the City of Fort Collins will pay a portion of t'�.c ccst of such enlarged facility based on prorat_.cn of "re ccst of the fa =._ty actually constructed and the estimated cost of such facility as _ac,m cn the subdividerls approved plan. Such proratc.nn of costs between the City of Fort Collins and the subdivider shall be determined in advance of construction by the City Engineer and in the event of any dispute this shall be submitted to the City Council for final determination. IN WITPFESS WHEREOF, first party has caused these presents to be signed by its Mayor and its corporate seal to be here. ttest to by its City Clerk, pursuant to motion of the Council of the City of Fc t Collins dated the [th day of Rebember A. D., 1264 , and second party has hereto set his h^i7d and seal the day and year first hereinabove written. ATTEST: 4Ci y C er THE CITY OF FORT COLLINS. A Municipal Corporation By"L yc Fibs arty (SEAL) S cond arty i --