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HomeMy WebLinkAboutOAKRIDGE VILLAGE PUD - Filed OA-OTHER AGREEMENTS - 2004-01-09Oak Ridge Village P.U.D. First Filing Amendment Agreement No.l THIS AGREEMENT, made and entered into this '.>i,a day of 198 by and between the CITY OF FORT COLLINS, COLORADO, a municipal corporation ("City"), and EVERITT ENTERPRISES LIMITED PARTNERSHIP, a Colorado limited partnership, ("Developer"). WHEREAS, Everitt Enterprises Limited Partnership is an assignee in interest of Everitt Enterprises Inc.; and WHEREAS, the City previously executed a Development Agreement with Everitt Enterprises Inc., dated on or about the 16th day of May, 1985; and WHEREAS, the parties hereto are desirous of modifying the original Development Agreement referred to above; and NOW THEREFORE, in consideration of the mutual promises of the parties hereto and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree as follows: Exhibit B is replaced in its entirety by the attached Exhibit B; Except as herein amended or modified, the Development Agreement shall continue in full force and effect. This Agreement and the Development Agreement constitutes the entire understanding of the parties. IN WITNESS WHEREOF, the parties hereto have set their hands the day and year first written. CITY OF FORT COLLINS a municipal corporation By City Managefr ATTE ST: City C I erk APPROVED AS TO FORM: 'CitY A torn y neer ATTEST'. David 6. veritt Assistant Secretary EVERITT ENTERPRISES LIMITED PARTNERSHIP, a Colorado limited partnership By: EVERUfi,EN _RPRISES INC., Col orad 'cO tioP- era d R. Hax n, President (Corporate Seal) EXHIBIT "B" The Development Agreement for Oak Ridge Village P.U.D., First Filing. COST ESTIMATE FOR MAJOR DRAINAGE IMPROVEMENTS Include only those major storm drainage basin improvements required by an adopted basin master plan. ITEM DESCRIPTION QUANTITY UNIT COST TOTAL 1. Channel excavation, detention pond excavation and riprap (a) Excavation 2270 C.Y. $ 3.30/C.Y. $ 7,491.00 Total estimated cost of Storm Drainage improvements eliglble for credit or City repayment $ 7,491.00